Inching Closer To The Trade Deadline
The 2018 NBA Trade Deadline is a week from today at 3 pm EST. Most NBA teams have been in deep exploratory talks for weeks, but the next seven days are when things start to get serious. Typically, the last 30 days have been more about what a team “wants,” not necessarily what they will settle for. This is when teams have to get realistic if they want to get something done. Here are some of the things to watch:
The Knicks And Joakim Noah
The New York Knicks and center Joakim Noah seem to be at an impasse that may be unrepairable. Noah and Knicks head coach Jeff Hornacek were reported to have gotten into a very heated exchange that ended up with Noah being sent home.
Noah, who has little no meaningful role with the Knicks this year, has grown frustrated with the situation, and it seems both sides are trying to find an exit via trade.
A league source familiar with the Knicks’ thinking suggested New York may be open to giving up their first-round pick this year to offload Noah without needing to buy him out or carry a monster cap hit. The prevailing thought was the Knicks wouldn’t be bad enough to land one of the gems of the draft class, and with so much youth on the roster now, a one year hit to jettison Noah seems to be at least under consideration.
The Knicks have also been weighing options on deals involving possible free agent Kyle O’Quinn, who has a player option this summer. The Knicks have also been fielding offers on forward Willy Hernangomez; there is a sense that both could be moved before the deadline. The question becomes, what’s the return and where do they land?
No Trade Market for Monroe, Hence the Buyout
The Phoenix Suns reached a contract buyout with forward Greg Monroe yesterday; he is expected to clear the NBA waiver process this weekend and hit the unrestricted free agent market.
The Suns tried pretty aggressively to trade Monroe and found virtually no takers on his deal. This becomes meaningful for teams like the Knicks, who are trying to move even uglier money on non-ending deals.
The Suns’ stance for weeks has been that they will use their draft picks and their cap flexibility this off-season to add quality veterans to their youthful roster. In that same vein, there has been a growing sense that one or two of the Suns’ duplicated young guys could be had at the deadline. There is a belief the Suns may wait until the draft when they could leverage one of those players to move into a player they are very high on in the draft or to make a deal for a veteran.
By way of trying to offload Monroe, the Suns have talked with a number of teams, so it’s not out of the question they trigger something at the deadline as well; they not only have cap space to spare, but also have young guys to bargain with.
As for Monroe, the prevailing thought today is that he’ll land with the Boston Celtics when he clears waivers, the team most insiders pegged as likely in early January, mainly because they have north of $8.5 million to offer via the Gordon Hayward Disabled Player Exception.
The New Orleans Pelicans can’t offer nearly the same money, but the belief is they are dangling the notion of a starters spot in their pitch for Monroe.
While this is far from decided, there is a dark horse in all of this, and that might be the Washington Wizards, a team Monroe has had eyes on for some time.
Keeping Them Out Until the Deadline
The Chicago Bulls and Memphis Grizzlies have decided to shut down the two players they have been talking trades with in Grizzlies guard Tyreke Evans and Bulls forward Nikola Mirotic.
Evans has been on the trade market for some time, and there is a belief that Boston may be willing to meet the Grizzlies’ asking price of a first-round pick. Evans is on a low dollar deal with the Grizzlies and is owed $3.29 million. The Celtics could simply absorb Evans into their Hayward DPE (Disabled Player Exception) or swap some youth like big man Guerschon Yabusele.
The Grizzlies are said to be fairly active in trying to find a deal for Evans and seem to be open to other ideas as long as they don’t include Marc Gasol and guard Mike Conley, so look for the Grizz to consummate something before the deadline.
The Bulls have been shopping Mirotic for some time, and were close to a deal with the Pelicans that came apart because of Mirotic’s option year.
The Bulls structured Mirotic’s contract to make next season a Team Option year, which in essence makes Mirotic a one-year player, which grants him veto rights on a deal. The Bulls can solve the issue by picking up the team option, but what’s surfaced is some teams want the $12.5 million contract year but want Chicago to take back equitable contract money. Teams that don’t want the guaranteed money next year are the teams Mirotic can veto.
The prevailing thought in NBA circles is that Mirotic wants out of Chicago, but wants his contract guaranteed for next season. That’s likely going to be the outcome of the situation, but that’s likely changing the value of the deal for the Bulls.
The Utah Jazz continue to be the team considered the front-runner to land Mirotic, but they have been unwilling to part with a first-round pick to seal the deal.
The NBA requires players that are in active trade talks to be held out of games, so with both, Memphis and Chicago working the phones on options holding both players out makes a lot of sense, especially considering neither player is expected to be back with the team after the deadline.
The annual Basketball Insiders Trade Deadline Diary will drop on Tuesday February 6, we’ll track all of the news, notes, rumors, tweets and deals as they get done all the way through to the 3pm EST deadline. If you are looking for everything related to the deadline in one easy to read place, you’ll want to bookmark the Basketball Insiders Trade Deadline Dairy.
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Grizzlies trade Jonas Valanciunas to Pelicans for Eric Bledsoe, Steven Adams
According to ESPN’s Adrian Wojnarowski and Andrew Lopez, the New Orleans Pelicans are shipping guard Eric Bledsoe, center Steven Adams, the Nos. 10 and 40 picks of the 2021 NBA Draft, and two future first-round picks to the Memphis Grizzlies for center Jonas Valanciunas and the Nos. 17 and 51 picks of this week’s upcoming draft. So, the Pelicans are giving up the Lakers’ 2022 first-round pick. Valanciunas, the 29-year-old veteran center, averaged 17.1 points, 12.5 rebounds, and 1.8 assists per game in 62 games played throughout the 2020-21 season. He also shot 59 percent from the field. The seven-foot Lithuanian also ranks fourth overall in true shooting percentage (.616) among active players. On July 11, 2019, Valanciunas signed a three-year, $45 million contract with the Grizzlies. He is set to earn $4 million next season.
Additionally, in 71 games played last season, Bledsoe averaged 12.2 points, 3.4 rebounds, and 3.8 assists. The six-foot-one guard also shot 42.1 percent from the field in the 2020-21 season. On November 23, 2020, as part of a four-team trade, Bledsoe and Adams were traded to the Pelicans from the Oklahoma City Thunder, along with two future first-round picks and the right to swap two additional first-round picks. Last season, in 71 games played, Bledsoe averaged 12.2 points, 3.4 rebounds, and 3.8 assists. His field goal percentage was 42.1 percent as well. The 11-year veteran is set to earn $18,125,000 in the 2021-22 season. Before he was traded to New Orleans, on March 4, 2019, the guard signed a four-year, $70 million extension. He earned his first All-Defensive second-team selection in the 2019-20 season.
The Grizzlies and Pelicans have agreed on a trade to send Jonas Valanciunas, 2021 Nos. 17 and 51 picks to New Orleans for Steven Adams, Eric Bledsoe, 2021 picks Nos. 10 and 40 and a protected 2022 first-round pick via the Lakers, per @wojespn pic.twitter.com/q7ZoqzpJjt
— Bleacher Report (@BleacherReport) July 26, 2021
Moreover, in 58 games played last season, Adams averaged 7.6 points, 8.9 rebounds, and 1.9 assists per game. The six-foot-eleven center ranks fifth among active players for effective field goal shooting percentage (.591). The eight-year veteran also ranks third in offensive rebounding percentage, with an active statistic of 14 percent. On November 23, 2020, the same day Adams was traded to the Pelicans, he signed a two-year, $35 million extension. For next season, he is projected to earn $17,073,171. To add to this trade news, the Grizzlies and Pelicans are swapping second-round picks in this year’s draft, too. Referencing NBA.com’s “Consensus Mock Draft” article, with the No. 10 pick of the draft, the Pelicans were originally expected to draft either Josh Giddey or Davion Mitchell at this number. However, plans have now changed.
From ESPN’s Bobby Marks, the trade will not be finalized until August 6th, and this is because of the annual salaries of these said players. Free agency will begin on August 2, 6:00 p.m. (EST). Furthermore, per Spotrac’s 2021-22 NBA salary cap table, next season’s luxury tax threshold is $136,606,000. The team’s current available luxury tax space is $22,555,195. The Pelicans and Grizzlies have a salary cap maximum of $112,414,000. Brandon Ingram, Bledsoe, and Adams had a combined cap percentage of 39.2 percent. Considering that Bledsoe and Adams are traded away, this will clear up $35,198,171 of dead cap space.
Yesterday, CBS Sports reported the news pertaining to Lonzo Ball’s desire to remain in New Orleans. With extra cap space, the team is expected to re-sign the 23-year-old guard. Likewise, for the Grizzlies, the teams has a luxury tax space of $37,019,952. Their current cap space is $8,321,229. As stated before, the transactions have not yet been finalized. The Grizzlies’ outgoing cap is now $14 million, but from the contracts of Adams and Bledsoe, they are bringing in $35,198,171.
NBA Trade Rumors: Jazz considering trade offers for Bojan Bogdanovic, Joe Ingles, Royce O’Neale, and No. 30 pick of the 2021 NBA Draft
Per one interesting announcement from Bleacher Report’s Jake Fischer, the Utah Jazz are open to trading forward Bojan Bogdanovic, forward-guard Joe Ingles, small forward Royce O’Neale, and the No. 30 pick of the 2021 NBA Draft. Fischer stated, “The Utah Jazz are known to be one of the few teams actually searching to move playoff-tested talent. Retaining Mike Conley is an offseason priority, sources said, and the Jazz have held numerous discussions with teams around the league about offloading salary to create for Conley in free agency.” Point guard Mike Conley is set to become a free agent this offseason. Though, general manager Justin Zanik will aim to re-sign the 33-year-old guard in the coming weeks. Conley earned $34.5 million in the 2020-21 season.
“League personnel most often mention Joe Ingles as the Jazz wing to watch, and Bojan Bogdanovic and Royce O’Neale are also considered available for trade as Utah narrows its focus towards building a contender around Donovan Mitchel. The Jazz are also open to discuss trading their No. 30 pick, sources said.” In the 2020-21 season, in 72 games played, Bogdanovic averaged 17 points, 3.9 rebounds, and 1.9 assists per game. On May 1, 2021, in the team’s 106-102 victory over the Toronto Raptors, the six-foot-seven Croatian scored a season-high 34 points, shooting 12-for-22, and he finished his performance with four rebounds and four assists as well. On July 7, 2019, he signed a four-year, $73 million contract with the Jazz.
In 67 games played last season, Ingles averaged 12.1 points, 3.6 rebounds, and 4.7 assists per game. The six-foot-eight forward is set to earn $14 million in the 2021-22 season. Plus, among the mentioned players, Royce O’Neale has contributed the least. In 71 games played last season, he averaged seven points, 6.8 rebounds, and 2.5 assists. On January 19, 2020, the forward signed a four-year, $36 million extension with the team. He will earn $8.6 million next season. According to The Athletic, in the team’s seventh workout for draft prospects, they viewed Quentin Grimes, David Duke, Matt Mitchell, and a few other players. In the first round, if the team chooses not to draft any of the players they are holding workouts for, the organization will trade the No. 30 pick.
Just for a reminder, retrieved from Spotrac, the 2021-22 NBA luxury tax threshold is $136,606,000. Utah’s active roster cap is $133,284,695, the maximum cap is $112,414,000, and the current cap space is $72,990,215. Furthermore, center Rudy Gobert currently has the highest guaranteed contract on the team. On December 20, 2020, Gobert signed a five-year, $205 million extension with the organization. Gobert is set to earn $35.3 million in the coming season, whereas Donovan Mitchell will earn $28.1 million. Gobert and Mitchell combined consume 47.6 percent of the team’s salary cap. For the upcoming 2021-22 season, the Jazz have a guaranteed total of $129,719,453. Based on the team’s future outlook, the Jazz will have to make a trade or two in order to retain their star players. This should go without saying.
NBA Analysis Network reported a few days ago that a potential Jazz-Knicks trade target is Bojan Bogdanovic. Greg Patuto proposed the Knicks receiving Bogdanovic, while the Jazz would receive Kevin Knox II, and the Nos. 19 and No. 32 picks of the 2021 NBA Draft. Now, this could still happen at some point during this draft week, but then again, sports bettors and fans alike understand that these news reports could be just rumors. The most intelligent, unforthcoming general managers know not to leave bread crumb trails for the media, especially leading into the offseason. They will do everything necessary to protect their foolproof plans.
Raptors, Pacers, Timberwolves, Kings, and Cavaliers among teams showing interest in Ben Simmons
According to Jake Fischer of Bleacher Report, five teams have shown interest in pursuing Ben Simmons from the Philadelphia 76ers. Fischer reported, “Cleveland, Indiana, Minnesota, Sacramento, and Toronto all showed interest in acquiring the runner-up for Defensive Player of the Year.” Furthermore, the teams are wanting Simmons to change position from point guard to forward. “Multiple executives from those teams, when contacted by Bleacher Report, mentioned their excitement at incorporating Simmons as a play-making forward—not at the point guard position he’s played in Philadelphia.” The six-foot-eleven guard averaged 14.3 points, 7.2 rebounds, and 6.9 assists in the 2020-21 NBA season. This might sound fine for a young rookie, but as a five-year player, these aforementioned statistics were career lows.
However, the 25-year-old also earned his third NBA All-Star selection and second All-Defensive first-team selection last season. After a less than mediocre performance in his third postseason of his NBA career, the majority of 76ers’ fans would agree that it’s now time for Simmons to have a change in scenery. With a regular season record of 49-23 (.681), the No. 1 ranked 76ers in the Eastern Conference entered the conference semifinals as favorites over the Atlanta Hawks. Leading into this series, some NBA analysts were predicting Philadelphia to prevail four games to two. The 2016 first overall pick was expected to limit Trae Young in scoring and rally his team from point deficits, but none of this ever manifested.
Raptors, Wolves, Cavs, Pacers and Kings have all showed interest in acquiring Ben Simmons, per B/R's @JakeLFischer
— Bleacher Report (@BleacherReport) July 25, 2021
Pertaining to postseason averages, Simmons had a playoff series-low of 9.9 points and 6.3 rebounds per game in the conference semifinals against the Hawks. This lackluster showing proved to be a more significant downfall for the superstar, considering Simmons had only five points, eight rebounds, and 13 assists in Game 7 versus the Hawks. In the 2019-20 season, he averaged 2.1 steals per game, leading all other players in the league. Moreover, Simmons currently ranks sixth in the NBA for active player triple-doubles (32). With a total of 32 career triple-doubles, he ranks 13th on the all-time list, tied with Clippers’ guard Rajon Rondo.
On July 16, 2019, Simmons signed a five-year, $169.65 million contract extension with the 76ers. He is set to earn $30.5 million in the 2021-22 season. Among these teams interested in Simmons, Cavs’ Kevin Love has the fourth largest contract guarantee of $91.4 million. Love is due to earn $31.3 million next season, and the 13-year veteran’s contract consumes 26 percent of the team’s salary cap. He could be traded this offseason. Timberwolves’ Karl-Anthony Towns has a contract guarantee of $130.8 million. The 25-year-old Wolves center will earn $31.6 million in the upcoming season.
Plus, Kings’ 2017 first-round pick De’Aaron Fox has a guaranteed contract of $171.1 million. Fox will earn $28.1 million next season. To add to that, Raptors’ Pascal Siakim has a contract guarantee of $131.4 million. Not to mention, reported by Yahoo Sports via trade rumors yesterday, the Golden State Warriors are a potential trade partner for Toronto. The Warriors could make a move on Siakim, clearing up space on the Raptors for Simmons. Per Spotrac, the 2021-22 season cap maximum is $112,414,000. In the coming weeks, one of these said five teams might make a substantial trade offer to the 76ers’ organization that they cannot refuse.
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