Basketball Wiretap

Spurs Extend Qualifying Offer To Jonathon Simmons

Jun 23, 2017 1:07 PM

The San Antonio Spurs have extended the qualifying offer of $1.6 million to Jonathon Simmons.

The Spurs will have match rights on any offer Simmons receives.

Simmons averaged 6.2 points and 2.1 rebounds in his second season with the Spurs, but had his biggest impact in the postseason.

At least 12 teams will be interested in Simmons in free agency.

Jabari Young/San Antonio Express-News

Tags: Jonathon Simmons, San Antonio Spurs, NBA, NBA Signing Rumor, NBA Misc Rumor

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Jimmy Butler Loses Potential $29M On Next Contract With DPE Now Unavailable

Jun 23, 2017 12:06 PM

While Jimmy Butler will receive a trade bonus of $1.8 million as part of his move from the Chicago Bulls to the Minnesota Timberwolves, the inability to sign a Designated Veteran Player Exception will be massive.

Butler will lose approximately $31 million over the life of a five-year contract he re-signs with the Wolves at 30 percent of the cap as opposed to 35 percent of the cap.

Butler was a third team All-NBA selection in 16-17.

Albert Nahmad/HeatHoops.com

Tags: Jimmy Butler, Chicago Bulls, Minnesota Timberwolves, NBA, NBA Signing Rumor, NBA Misc Rumor

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Kennedy Meeks Signs Partially Guaranteed Deal With Raptors

Jun 23, 2017 11:27 AM

Kennedy Meeks has agreed to a partially guaranteed deal with the Toronto Raptors.

Meeks went undrafted out of North Carolina.

Meeks averaged 12.5 points and 9.5 rebounds per game as a senior for the Tar Heels. Meeks was on the NCAA Final Four All-Tournament Team.

Shams Charania/The Vertical

Tags: Kennedy Meeks, Toronto Raptors, NBA, NBA Signing Rumor, NBA Misc Rumor

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Rob Pelinka: Lakers 'Need Two Superstar Players To Come Here'

Jun 23, 2017 10:38 AM

The Los Angeles Lakers drafted Lonzo Ball this week while also freeing up cap space for the 2018 offseason by unloading the contract of Timofey Mozgov.

Magic Johnson and Rob Pelinka are hoping to add two superstars to their core of Ball and Brandon Ingram with Paul George and LeBron James mentioned most frequently as potential free agents they sign.

"There's just a renewed energy around here," Rob Pelinka said. "We feel it in the offices every day. We felt through this draft process. I think clearly with Earvin's vision and just his persona, I think the organization is really taking on that positive joy that he seems to live with every day. I think players around the NBA feel that as well and are going to be attracted to that energy here.

"We know the goal here is to compete for championships. That's what we want to do. I think with the leading teams in the league today, we felt like, to be able to look them in the eye and challenge them, we need two superstar players to come here and join this platform and join our core group of players we now have. That's our plan, and we're going to put all of our energy and all of our hard work toward that."

Baxter Holmes/ESPN

Tags: Los Angeles Lakers, NBA, NBA Signing Rumor, NBA Misc Rumor

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Dwyane Wade Still Exercising $23.8M Option With Bulls Despite Butler Trade

Jun 22, 2017 11:01 PM

Despite the Chicago Bulls' trade of Jimmy Butler on draft night, Dwyane Wade will stand by his decision to exercise his player option worth $23.8 million, sources tell Vincent Goodwill.

Wade signed a two-year deal with the Bulls last offseason in a surprising decision to part ways with the Miami Heat after 13 seasons.

Wade averaged 18.3 points, 4.5 rebounds and 3.8 assists in 29.9 minutes per game in 60 appearances for Chicago.

Wade was almost certain to be unable to make up that money even over several seasons on the open market.

Vincent Goodwill/CSN Chicago

Tags: Dwyane Wade, Chicago Bulls, NBA, NBA Signing Rumor, NBA Misc Rumor

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George Hill, Spurs Have Mutual Interest

Jun 22, 2017 12:50 PM

The San Antonio Spurs and George Hill have mutual interest in reuniting this offseason in free agency.

Hill was traded by the Spurs to the Indiana Pacers on draft night in 2011 for Kawhi Leonard.

Hill declined an extension offer from the Utah Jazz in February to become a free agent.

Hill has long been interest in returning to the Spurs and maintains a residence in San Antonio. Hill frequently works out at the Spurs' practice facility when in town.

Jabari Young/San Antonio Express-News

Tags: George Hill, San Antonio Spurs, Utah Jazz, NBA, NBA Signing Rumor, NBA Misc Rumor

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Spurs Have 'Strong Interest' In Chris Paul, Derrick Rose

Jun 22, 2017 10:59 AM

The San Antonio Spurs have "strong interest" in both Chris Paul and Derrick Rose.

The Spurs have been maneuvering their cap situation in order to clear space to pursue free agents. San Antonio is even considering trading away LaMarcus Aldridge.

Rose will come at a significantly lower cost for the Spurs than Paul. The Los Angeles Clippers are expected to offer Paul a max contract at 35 percent of the cap, while Rose could only command up to 30 percent of the cap, which he's unlikely to even receive considering the point guard market.

Rose has said he would like to re-sign with the New York Knicks.

Ramona Shelburne/ESPN

Tags: Derrick Rose, Chris Paul, Los Angeles Clippers, New York Knicks, San Antonio Spurs, NBA, NBA Signing Rumor, NBA Misc Rumor

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New Max Contracts Detailed At $99M Salary Cap For 17-18

Jun 22, 2017 10:56 AM

With the NBA cap now estimated to be $99 million, the max salaries we penciled in for several 2017 free agents will now be lower.

- Five-year supermax/10-year max: $200,970,000 

This max contract applies to Stephen Curry and Kevin Durant with the Warriors, Chris Paul with the Clippers, Kyle Lowry with the Raptors, and Paul Millsap with the Hawks.

- Four-year max contract for 10-year players with incumbent team: $155,232,000

This max contract applies to Durant, Paul, Lowry and Millsap re-signing with their respective teams.

- Four-year max contract for 10-year players with rival team: $148,995,000

This max contract applies to Durant, Paul, Lowry and Millsap signing with another team.

- Five-year max contract at 30 percent of cap: $172,260,000

This max contract applies most notably to Gordon Hayward and Blake Griffin.

- Four-year max contract at 30 percent of cap with incumbent team: $133,056,000

- Four-year max contract at 30 percent of cap with rival team: $127,710,000

Keith Smith/RealGM

Tags: NBA, NBA Signing Rumor, NBA Misc Rumor, NBA CBA

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Grizzlies Extend $2.82M Qualifying Offer To JaMychal Green

Jun 21, 2017 11:05 PM

The Memphis Grizzlies have extended a qualifying offer to JaMychal Green, which will make him a restricted free agent. Green's qualifying offer is worth $2.82 million.

Green averaged 8.9 points and 7.1 rebounds with a PER of 13.5 during the 16-17 season.

Green went undrafted in 2012 out of Alabama and just turned 27.

RealGM Staff Report

Tags: JaMychal Green, Memphis Grizzlies, NBA, NBA Signing Rumor, NBA Misc Rumor

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Nuggets Tender Qualifying Offer To Mason Plumlee

Jun 21, 2017 10:28 PM

The Denver Nuggets have tendered a qualifying offer to Mason Plumlee, which will make him a restricted free agent. Plumlee's qualifying offer is worth approximately $4.59 million.

Plumlee was acquired by the Nuggets in February from the Portland Trail Blazers for Jusuf Nurkic and a first round pick. 

Plumlee averaged 9.1 points, 6.4 rebounds and 2.6 assists in 23.4 minutes after joining the Nuggets. Plumlee has a career PER of 18.0.

RealGM Staff Report

Tags: Mason Plumlee, Denver Nuggets, NBA, NBA Signing Rumor, NBA Misc Rumor

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Nick Young Declines Player Option With Lakers
Nick Young has declined his player option with the Lakers for the 17-18 season to become a free agent.

Broderick Turner/Los Angeles Times

Rockets Looking To Unload Salary To Pursue Chris Paul, Griffin, Lowry, Millsap
The Rockets are shopping Ryan Anderson, Lou Williams and Patrick Beverley in hopes of clearing cap space for this summer's free agency class.

Marc Stein/ESPN

Hawks Seeking Paul Millsap Sign-And-Trade Interest From Suns, Kings, Nuggets
There was reportedly a revolt in the Hawks' locker room when they put Paul Millsap on the trading block in the middle of the season.

Brian Windhorst/ESPN

Langston Galloway To Decline $5.4M Player Option With Kings
Langston Galloway will have a $6.8 million cap hold and would become a restricted free agent if the Kings extend a $6.5 million qualifying offer.

Michael Scotto/Basketball Insiders

Greg Monroe To Exercise $17.9M Player Option With Bucks
Greg Monroe averaged 11.7 points, 6.6 rebounds and 2.3 assists in 81 games for the Bucks this past season.

Shams Charania/The Vertical

Dwyane Wade Exercises $23.8M Player Option With Bulls
Dwyane Wade was almost certain to be unable to make up that money even over several seasons on the open market.

Vincent Goodwill/CSN Chicago

Jimmy Butler, Dwyane Wade Prefer Bulls To Move On From Rajon Rondo
While Jimmy Butler and Dwyane Wade have no issue with Rondo personally, they would like the Bulls to have a point guard who could spread the floor.

Joe Cowley/Chicago Sun-Times

Rockets To Offer Full Four-Year $168M Extension To James Harden
The extension would give James Harden a starting salary of $37.5 million in 19-20.

Jonathan Feigen/Houston Chronicle

David Lee To Decline $1.6M Option With Spurs
David Lee signed a two-year, $3.2 million deal with the Spurs last offseason.

Tom Orsborn/San Antonio Express News

Pau Gasol Declines $16.2M Option With Spurs, Intends To Re-Sign On Longer Deal
Pau Gasol's decision will presumably give the Spurs more cap space to operate in free agency.

Adrian Wojnarowski/The Vertical

Dwyane Wade Likely To Stay With Bulls On $24M Player Option
Dwyane Wade's decision on his player option will be made independent of whether they trade Jimmy Butler.

Ramona Shelburne/ESPN

Aron Baynes Declines $6.5M Player Option With Pistons
The Pistons had anticipated Aron Baynes would become a free agent this offseason.

Shams Charania/The Vertical

Rival Teams Have Been Told Kyle Lowry Has 'Zero Interest' In Re-Signing With Raptors
Rival teams were being told Kyle Lowry had "zero interest" in returning to Toronto as recently as mid-May.

Bruce Arthur/Toronto Star

Knicks Had Opportunity To Sign Chris Paul If Not For Alienation Of Carmelo
Chris Paul may stay with the Clippers if only because there isn't a perfect alternative for him.

Adrian Wojnarowski/The Vertical

Pacers Had Interest In Jrue Holiday, Danilo Gallinari
Kevin Pritchard was attempting to clear cap space to pursue free agents.

Adrian Wojnarowski/The Vertical

Report: LeBron James' Wife Wants To Live In Los Angeles Full Time
The Lakers have interest in signing both LeBron James and Paul George when they can be free agents in 2018.

Kevin Ding/Bleacher Report

Kevin Durant Will Re-Sign With Warriors
Kevin Durant intends to take less than the max he's eligible for in order to improve the Warriors' odds of re-signing Andre Iguodala.

Chris Haynes/ESPN

Andre Iguodala To Receive Interest From Jazz, Clippers, Bulls, Wolves, Hawks
Andre Iguodala could command as much as $20 million annually on the open market.

Shams Charania/The Vertical

Celtics Agree To Sign Daniel Theis
Daniel Theis is a 25-year-old stretch big.

David Pick

Pacers Discuss Paul George Trade With Multiple Teams Including Cavs
With Paul George preferring to sign with the Lakers, teams are viewing him as a "one-year rental."

Adrian Wojnarowski/the Vertical