Aug 20, 2014 10:14 PM EDT
Under Armour has presented to Kevin Durant a 10-year offer worth as much as $285 million.
Durant's represenation Roc Nation Sports informed Nike of the offer on Wednesday.
The deal includes Under Armour stock and other incentives, such a community center built in his mother's name, whose exact worth will not be known for some time.
Nike has the right to match the offer made by Under Armour and Durant could also still choose Nike if it doesn't match.
Nike's last offer, sources said, would have given Durant a base and a minimum royalty guarantee that would equal no less than $20 million a year.
Because Under Armour has such a small basketball business, the company has to guarantee Durant his money up front, instead of the typical shoe deals that offer a minimum guarantee plus up to 5 percent royalty on the wholesale revenues.
Aug 21, 2014 12:22 AM EDT
After mulling between the NBA Development League and European clubs, New York draft pick Thanasis Antetokounmpo has decided to play next season with the Knicks’ affiliate in Westchester, sources told RealGM.
Antetokounmpo considered several significant contract offers in Europe if he elected to pass on a consecutive season in the D-League, but Knicks management made clear that it hoped Antetokounmpo would remain within the organization in 2014-15.
For now, the Knicks plan for Antetokounmpo to sign directly with Westchester, meaning no training camp deal, sources told RealGM. This allows the Knicks to maintain his rights into the D-League, leaving him off the available market as a free agent should he be released in camp participation.
Throughout Antetokounmpo’s decision-making process, Phil Jackson and Steve Mills reaffirmed their long-term vision for the 22-year-old forward, sources said. The Knicks have a full roster of guaranteed contracts at 15.
Antetokounmpo – the older brother of Giannis Antetokounmpo – was New York’s 51st overall selection in the NBA Draft in June. Thanasis Antetokounmpo showcased his defensive activity in five summer league appearances for the Knicks, and he averaged three points and nearly two rebounds per game.
Louis Labeyrie, the Knicks’ No. 57 pick in the draft, will continue to develop with his French team in Paris and could start discussions on an NBA contract next summer, a source told RealGM.
A scouted talent out of Greece, Antetokounmpo started his professional career a year ago with Delaware of the D-League. He averaged 12 points and 4.6 rebounds in 50 games for Delaware.
Aug 21, 2014 11:58 AM EDT
Anthony Bennett has been linked to the Philadelphia 76ers as part of the long-anticipated Kevin Love deal with the Cleveland Cavaliers, but he may be staying with the Minnesota Timberwolves after all.
The Wolves have reportedly been interested in flipping Bennett for Thaddeus Young from the 76ers.
Beat writer Jerry Zgoda reports that Bennett will stay with the Wolves.
"Just a reminder: if you keep reading Bennett is headed to Philly for Young in forthcoming trade...don't believe it," wrote Zgoda.
Aug 21, 2014 5:28 PM EDT
Tim Leiweke will step down as CEO of Maple Leaf Sports & Entertainment on June 30, 2015 or earlier if a successor is found.
“Under Tim’s leadership, MLSE has made a number of key moves to strengthen our organization on the path to championship success,” Larry Tanenbaum, chairman of MLSE, said in a statement Thursday morning.
“We look forward to working closely with Tim to build on this foundation and further accelerate our momentum as we seek a new leader for MLSE.”
Leiweke said in his statement that “it’s an honour to lead MLSE, a world-class organization in a city and a country so passionate about sports.”
“But with new opportunities on the horizon, it’s time for me to begin the transition from sports and entertainment executive to entrepreneur,” Leiweke said.
“Right now, my total focus is here at MLSE and I look forward to working with the board and MLSE team to continue strengthening our franchises while ensuring a smooth transition to a new leader.”
Leiweke told the board it’s his goal to pursue his personal goal of owning his own business.
Aug 21, 2014 5:21 PM EDT
The Portland Trail Blazers have signed Darius Morris to a non-guaranteed camp contract.
Morris has played on four NBA teams since being picked in the second round of the 2011 NBA Draft.
Morris played for the Los Angeles Clippers, Philadelphia 76ers and Memphis Grizzlies.
Aug 21, 2014 12:07 PM EDT
Derrick Rose has been sidelined from Team USA with ‘‘general body fatigue’’ since a victory over Brazil at the United Center on Saturday night.
Rose, who has had season-ending surgeries on both knees since the 2012 NBA playoffs, sat out both practices in New York but participated in the shootaround Wednesday morning and, according to one source, ‘‘moved very well.’’
According to a Chicago Bulls' source, Rose has been having ‘‘some aches in both knees, as well as his body, over the last 72 hours, but nothing unexpected or even out of the ordinary.’’
Aug 20, 2014 12:45 PM EDT
Greg Monroe's agent explored sign-and-trade scenarios with at least five other teams, including the Oklahoma City Thunder and Portland Trail Blazers.
Monroe and agent David Falk never sought an offer sheet from another team.
Monroe ultimately was forced to sign for the qualifying offer with the Detroit Pistons and will become an unrestricted free agent next offseason.
Aug 20, 2014 1:18 PM EDT
Aquille Carr – once a Baltimore, Maryland/Washington D.C. prep phenom – is finalizing contract terms with the Saint John Mill Rats of the Canada National Basketball League, a source told RealGM.
Before entering the June NBA Draft, Carr had played 10 games with the Delaware 87ers of the NBA Development League. He averaged 10.7 points and 1.9 rebounds in 14 minutes per game. Carr left the D-League in January and spent months training for his next professional team – ultimately going undrafted in June.
Carr’s deal with the Saint John Mill Rats holds an escape clause should the 20-year-old become drafted in next season’s D-League draft, a source said.
At 5-foot-5, Carr gained national recognition for his skill level and athletic talent while playing high school basketball at Princeton Day Academy in Baltimore. Carr also played in numerous exhibition, training and in-season games in the D.C. area.
Aug 21, 2014 2:18 PM EDT
The Boston Celtics have signed Rodney McGruder and Christian Watford to camp contracts.
Watford played in Summer League for the Detroit Pistons and Golden State Warriors.
McGruder spent part of last season with the Oklahoma City Thunder.
Aug 21, 2014 2:15 PM EDT
Brook Lopez has lost weight since arriving at training camp last fall weighing 290 pounds.
“I’m at my playing weight,” Lopez said with a laugh. “I can attribute that to laying in bed for months, but I’m back to the weight that’s normal for me. Last I checked, I was just under 275 [pounds].”
Lopez does not believe carrying more weight caused him to fractured the fifth metatarsal in his foot last December.
“I may have been five pounds heavier, but that’s not what injured me,” he said.
Phil Hubbard is a longtime assistant coach with a long tenure under Eddie Jordan with the Wizards and previous stops in the D-League.
Indiana has received a commitment from Emmitt Holt, a 6'7 forward from Vermont Academy.
While Harden has become one of the NBA's best scorers and was an All-NBA First Team selection in 2014, he has received criticism for his lack of commitment on defense.
The Cavaliers have finalized their coaching staff and named Jim Boylan, Bret Brielmaier, Larry Drew and James Posey as assistant coaches on head coach David Blatt’s staff.
Anthony Bennett is expected to be traded by the Cleveland Cavaliers, but his destination is not yet certain.
The Suns have a clear logjam at point guard with Goran Dragic, Isaiah Thomas, Tyler Ennis and presumably an eventually re-signed Eric Bledsoe.
Bruno Caboclo has spent the summer in North America working on his game and body, along with his grasp of the English language.
The Kings elected not to bring back Jim Eyen for the 14-15 season back in June.
Tim Frazier joins an already crowded point guard position for the Celtics.
Aug 19, 2014 | Marc Stein/ESPN
Team USA has as many as 10 players still battling for the final six roster spots.
Rich Paul first met LeBron James at the Akron-Canton Airport when they were about to board a flight to Atlanta.
The Clippers will not change the name of the franchise under new owner Steve Ballmer.
Scottie Wilbekin has signed a one-year deal with the Cairns Taipans of the Australian National Basketball League, a source told RealGM.
Toney Douglas was most recently with the Heat.
The Knicks will hire Jim Cleamons as an assistant coach on the staff of Derek Fisher.
Aug 18, 2014 | Nets Daily
The Nets are optimistic Brook Lopez will make a full return from foot reconstruction surgery this season.
Anthony Randolph has signed a two year-deal with Lokomotiv Kuban of Russia.
Ray Allen remains undecided on playing during the 14-15 NBA season.
John Calipari had an opportunity to leave Kentucky for the Cavaliers and he says he would have likely stayed in Lexington even if he had known LeBron James would eventually join him.
Older Wiretap Articles »
Aug 17, 2014 | Marc Stein/ESPN
Shawn Marion has committed to sign with the Cavaliers.
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