Jul 29, 2014 11:17 AM EDT
Kyrie Irving will receive just 27.5 percent of an adjusted NBA salary cap if he triggers the Derrick Rose rule by winning MVP or getting voted an All-Star starter next season, according to Mark Deeks.
Irving presumably received a player option on his contract in exchange for not getting the full 30 percent possible.
Paul George set the market by taking just 27 percent in order to get that fifth-year player option last offseason.
If Irving neither wins MVP or gets voted an All-Starter, his contract extension will be worth the max possible amount (about $89 million). If he achieves either of those honors, he’d gain about $9 million. However, he could have gained more than $16 million.
By leaving that potential $7 million on the table, Irving set himself up to become a free agent sooner.
Jul 29, 2014 10:40 AM EDT
The then-New Jersey Nets picked Kyle Korver with the 51st overall selection in the 2003 NBA Draft and sold his draft rights to the Philadelphia 76ers for $125,000.
The cash covered the Nets' Summer League bill and they spent the leftover money on a new copy machine.
Korver developed into one of the NBA's most valued swingmen.
“We gave away a good player for summer league,” says Rod Thorn, the Nets GM at the time. “It was just one of those things we had to do. At least, that’s how I rationalized it.”
“The game over the last four or five years has become so much more suited to the way he plays today,” says Jerry Sloan, who coached Korver in Utah.
Multiple current GMs say passing on Korver in the draft ranks as one of the worst mistakes of their respective careers.
Jul 29, 2014 12:50 AM EDT
The NBA players union has elected Michele Roberts to be its next executive director.
Roberts will replace Billy Hunter.
The players union held a long search and had three presentations from candidates and voted for the new director on Monday night.
Chris Paul, the union president, was a supporter of electing Roberts, according to Yahoo! Sports.
Jul 29, 2014 12:25 AM EDT
The Memphis Grizzlies hired Ed Stefanski as the team's vice president of player personnel, according to sources.
Stefanski will assume a key role in the Grizzlies' player personnel and scouting. He will work under Chris Wallace.
Stefanski worked as a general manager with the Philadelphia 76ers.
Most recently, Stefanski worked under Bryan Colangelo as the executive VP of basketball operations of the Toronto Raptors.
Jul 29, 2014 12:21 AM EDT
Blake Griffin withdrew from Team USA's training camp because he was advised by doctors to give more time to heal a small fracture in his back before the NBA season, according to sources.
Griffin is expected to make a full recovery before the Los Angeles Clippers' training camp. He suffered the back injury during the playoffs and doctors advised him to sit out of the international competition.
Griffin and Kevin Love both withdrew from Team USA ahead of training camp on Monday.
Jul 28, 2014 8:26 PM EDT
The Los Angeles Lakers have signed free agent forward Wesley Johnson.
“I’m happy to welcome Wesley back to our team and am excited to see him develop further after taking such great strides last season,” said Mitch Kupchak. “Wesley possesses elite athleticism, and has the potential to develop into an excellent defender.”
A four-year NBA veteran, Johnson had his best professional season last year with the Lakers, averaging career-highs in points per game (9.1), rebounds (4.4), steals (1.1), blocks (1.0), field goal percentage (.425) and three-point field goal percentage (.369) while appearing in a team-high 79 games.
Jul 28, 2014 6:17 PM EDT
The Minnesota Timberwolves are interested in trading for Thaddeus Young if they eventually move forward with dealing Kevin Love.
The Wolves have held talks with the Philadelphia 76ers on Young, either as part of an expanded Love trade or a separate transaction.
Young has two seasons remaining on his deal worth a combined $19.3 million, with the second season being a player option.
Young has been the subject of trade rumors since Sam Hinkie became general manager of the 76ers last year.
Jul 28, 2014 6:10 PM EDT
Shawn Marion almost certainly will not re-sign with the Dallas Mavericks this offseason.
Marion spent five seasons with the Mavericks and helped the franchise win the 2011 NBA Finals.
“It was memorable, baby,” Marion said. “It’s hard to say it wasn’t fun. We had a great run and made the playoffs four of five years and won a championship. We set goals every year, and most years we reached them. And to win a championship, it was unbelievable. I wish we could have made a couple more runs at it, but it is what it is.”
Marion would like another shot at winning a title.
“If I see something really comfortable, then I’ll do it,” Marion said. “Right now, I’m just staying with my [newborn] son and relaxing. It’s only July, man. We got two more months. We’ll just wait and see how it works out.”
Marion plans on planting roots in Dallas even though he'll play elsewhere.
“It was an amazing run in Dallas,” he said. “Who knows what the future holds? But I definitely will be retiring in Dallas. I love living there. I’m building my dream home there, and that’s where I’ll spend most of my time.”
Jul 28, 2014 4:53 PM EDT
Mo Williams and the Minnesota Timberwolves have agreed upon a one-year, $3.75 million deal
Williams played for the Portland Trail Blazers last season.
Williams averaged 9.7 points per game last season.
Jul 28, 2014 10:47 AM EDT
Klay Thompson expects to remain with the Golden State Warriors next season.
The Warriors have engaged the Minnesota Timberwolves in Kevin Love trade talks, but have excluded Thompson from the talks.
"We got a good core. I feel we have one of the better backcourts in the league," Thompson said.
"I feel like we have a team that can do big things. Health is going to be huge, but I feel like we can make big strides this year.
"The fact that I haven't been traded yet makes me feel comfortable. That speaks for itself."
"Every year there is some rumor in play and teams are trying to make a power move," Stephen Curry said. "But they've made a decision, at least it seems like they have, that Klay is an investment they don't want to give up. That speaks volumes to what he has been able to do in his career and his potential. I'm happy that he's my backcourt mate."
Eric Bledsoe remains unsigned after receiving a four-year, $48 million offer from the Suns.
Flip Saunders is becoming increasingly interested in the Cavaliers' offer of Andrew Wiggins, Anthony Bennett and future first round picks for Kevin Love.
The Lakers have agreed to a four-year contract with Byron Scott.
Will Cherry averaged 12.8 points and 4 rebounds while shooting 52 percent from the field for the Cavaliers in summer league.
Jul 26, 2014 | Marc Stein/ESPN
Omri Casspi's deal will be for the veteran's minimum.
The Timberwolves reportedly declined the Knicks' offer.
Jul 25, 2014 | Marc Stein/ESPN
There had been an expectation that a team would claim Omri Casspi.
Shelvin Mack has been a restricted free agent after averaging 7.5 points and 3.7 assists per game.
The Lakers have offered their head coaching job to Byron Scott.
The Heat have three remaining roster spots and have been non-committal with Michael Beasley and Greg Oden.
Wolves' owner Glen Taylor is now believed to prefer Andrew Wiggins over Klay Thompson.
Francisco Garcia will likely make a decision in the next few weeks.
Jameer Nelson will earn $2.73 million in the first season of his deal and $2.86 million in Year 2.
Andrew Wiggins' deal starts at the rookie scale of $5.5 million.
Josh Huestis will receive approximately $25,000 instead of $750,000.
Doc Rivers would not be expected to remain head coach of the Clippers if the sale of the franchise to Steve Ballmer is overturned.
The Rockets had considered keeping Clint Capela in Europe this season in hopes of using cap space to sign Chris Bosh.
The Mavericks are using their room exception to sign Jameer Nelson.
Devyn Marble was the 56th overall pick of the 2014 NBA Draft.
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The Celtics have been unable to deliver an attractive enough proposal to the Wolves for Kevin Love.
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