Tuesday And-1 links: The new NBA luxury tax and you

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Here is our regular look around the NBA — links to stories worth reading and notes to check out (stuff that did not get its own post here at PBT) — done in bullet point form. Because bloggers love bullet points.

• There’s a great post from Mike Prada at SBN that starts to explain why traditional big-spending teams — Lakers, Knicks, Celtics, Mavericks — are making moves now to lower payroll, because they are scared of the increased taxes that will kick in starting in 2014. He has a great paragraph explaining the implications:

As an exercise, consider the Los Angeles Lakers. Last year, they had a payroll of nearly $86 million. Under the old system, which was in effect, the Lakers owed just under $16 million in luxury-tax fees. Under the new system, though, they would have owed $7.5 million for the first $5 million over the tax, $8.75 million for the next five million, $12.5 million for the next five million and $3.25 million for the final $1 million. Right there, that’s a $32.25 million tax bill. In addition, since the Lakers were over the tax in four of the past five years, they would have owed an additional $5 million at each juncture. That leaves them with a tax bill of over $52 million for being $16 million over the threshold.

• Despite the future tax implications, James Harden expects to sign a new contact with Thunder this summer. Nobody doubts he will, but there is a big bill coming for the Thunder down the line and they will make changes.

• My take on those last two notes — the owners fought hard to have this heavy tax and flattening of payrolls in the NBA, thinking it would flatten out the salary levels (it will) and give more teams a chance. To force some parity. But what it will do — whether you built your team like the Heat or Thunder did — is force you to break it up sooner or have stars with no real talent around them. Is that good for the league? Especially a league that sells stars? I think it backfires.

• Tyler Zeller talks about going through the workout process leading up to the draft with Zach Lowe at SI. And they talk fashion.

• As expected, the Blazers extended a qualifying offer to Nicolas Batum. Other teams like him but the Blazers will not let him go.

• Tyreke Evans has told the Sacramento Kings he doesn’t want to play the small forward next year. The smart money is he doesn’t play for the Kings next year — his name comes up in all kinds of trade rumors.

• As was expected, San Antonio Spurs guard Patty Mills has been named to the Australian Olympic basketball team.

• However, Bobcats big man Byron Mullens will not play for Great Britain in the Olympics due to a toe injury.

• LeBron is back being active on twitter and has more followers than you.

• Taj Gibson’s birthday cake was a picture of him dunking on Dwyane Wade. Nice.

• With Danny Ferry signing on to be GM of the Hawks, the 76ers are scaling back their search for the guy who will take over for Rod Thorn.

• Danny Ainge talks about how the Celtics overachieved this year. His word, not mine.

• A Q&A with Kareem Abdul-Jabbar.

• By the way, Thorn said the 76ers would be drafting the best player available regardless of position. Every team should do this (or use a tier system). Drafting for need works in the NFL, but the NBA draft is a different animal.

Here’s a breakdown of how the appeal of the arbiter’s ruling on the Jeremy Lin/waiver/Bird rights ruling will go down. Big implications for the Knicks offseason on the line.

• Thunder co-owner Aubrey McClendon is having some business troubles.

RIP to Ted Luckenbill, the former University of Houston college star who played in Wilt Chamberlain’s 100 point game.

Minnesota’s Wiggins considers contract deal without agent

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MINNEAPOLIS (AP) — Andrew Wiggins says he feels good about a max contract offer that is sitting in front of him with the Minnesota Timberwolves. But he’s in no rush to get it signed.

Wiggins says he is going over the five-year, $148 million offer from the Wolves deliberately to make sure everything is where he wants it before he signs. He is being extra careful because he is operating without an agent after parting ways with Bill Duffy and BDA Sports in August.

Wiggins says he has only positive things to say about Duffy. But he made the decision “from a business point of view.” He says he is leaning on parents, who were both high-profile athletes.

He says he appreciates the level of commitment the Timberwolves have shown and wants to be in Minnesota for the long term.

 

Report: Carmelo Anthony adds Cavaliers, Thunder to list of teams where he will accept trade

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Carmelo Anthony wants most of all to be traded to Houston (and he has leverage thanks to the no-trade clause Phil Jackson/James Dolan gave him). However, to make the deal work the Rockets needed to unload the three-year, $60 million contract of Ryan Anderson — which the Knicks do not want, and neither did any third team without a couple high first-round picks as a sweetener. Also, the Knicks wanted quality you assets back the Rockets didn’t have (or would part with), so the deal was dead. Anthony tried to wait it out, but nothing happened, and at this point the Knicks expect ‘Melo in camp Monday.

In the face of that, Anthony has expanded his list of teams where he will waive his no-trade clause to include the Cleveland Cavaliers and Oklahoma City Thunder, according to multiple reports.

Adrian Wojnarowski of ESPN was first with the news about the Cavs.

Carmelo Anthony, a 10-time NBA All-Star, has delivered the New York Knicks an expanded list of teams — including the Cleveland Cavaliers — with which he’d be willing to waive his no-trade clause, league sources told ESPN.

After the Knicks insisted that they were unable to make a deal with the Houston Rockets, his primary trade destination, Anthony and his representatives honored New York’s request and furnished at least two more teams within the past 10 days, league sources told ESPN.

ESPN’s Ian Begley filled in the details.

Cleveland was on the initial list of teams Anthony gave the Knicks (teams he would waive his no-trade for) but the Knicks wanted Kevin Love and Cleveland shot that down (that was before the Kyrie Irving deal, now Cleveland is even less likely to make that trade). The Cavaliers don’t have a lot of young talent on their roster, and that’s what the Knicks will want back in a deal, picks and players who are on Kristaps Porzingis‘ career arc.

If Cleveland was willing to throw the 2018 Brooklyn Nets pick in the trade it would get done quickly, but I have been told (before this news) Cleveland would not part with that pick, they see it as “LeBron leaves” insurance.

You can bet LeBron James is pushing to get Anthony on the Cavs. Adding him and Dwyane Wade — when Wade is bought out by the Bulls (eventually) — would move the Cavaliers a little closer to the Warriors, although both Wade and ‘Melo are bad defensive matchups against Golden State.

Oklahoma City would likely use Enes Kanter in any trade because his $17 million salary helps balance the money. However, the Thunder are like the Cavs in that this is not a roster with much young talent that the Knicks would want. Guys like Doug McDermott and Kyle Singler are not going to cut it.

It could take a third team to get a deal done with either the Cavaliers or Thunder.

While there had been rumors Portland was still trying to get in — that’s a team with multiple ways to make that trade if they are willing to send Zach Collins and picks to New York — multiple reports out of New York say the Blazers are not one of the teams on Anthony’s list, something first reported by Stefan Bondy of the New York Daily News.

Anthony may well get moved before the start of the season now, but not likely before training camp opens for the Knicks Monday. So that awkward set of questions still gets to take place.

 

We have a (very minor) trade: Troy Daniels to Suns for pick

Associated Press
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Memphis had more than the max 15 guaranteed contracts on the books, and the cost of unloading one of those turns out to be a second-round pick.

Troy Daniels, who is owed $6.7 million over the next two years, has been traded from the Memphis Grizzlies to the Phoenix Suns, a story broken by Shams Charania of The Vertical at Yahoo Sports and since confirmed by the teams themselves. As part of the deal, the teams swap 2018 second round picks (however the Phoenix pick going to Memphis is top 55 protected, meaning it doesn’t move unless the Suns are a top five team ext season). Basically, Memphis has three second-round picks in 2018 and Phoenix gets the middle one as the sweetener for taking on the contract.

This trade is really about Memphis clearing a roster spot and some salary space, and Phoenix being willing to take it on for a second round pick.

Interestingly, Daniels and Suns star Devin Booker got in a little war of words at the end of a game last season.

The Suns consulted with Booker about that before pulling the trigger on the deal.

Pat Riley raves about Dwyane Wade, but avoids all contract talk

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MIAMI (AP) — Dwyane Wade is under contract with the Chicago Bulls, meaning other NBA clubs cannot openly talk about possibly signing him until he is a free agent. As such, Miami Heat President Pat Riley was cautious Friday when asked about Wade’s future.

Wade spent his first 13 seasons in Miami before leaving in the summer of 2016 and going to the Bulls, his hometown team. But Chicago appears in full rebuilding mode after trading All-Star forward Jimmy Butler – someone Wade was close with – to Minnesota this offseason. And since Wade is in the last year of a deal that will pay him nearly $24 million this season, buyout speculation has been rampant for months.

If Wade gets a buyout, he’d be free to join any team.

“I feel great about our relationship that we had over the 13 years,” Riley said. “And anything that happens from a personnel standpoint down the road, or any opportunities that are there, we’re always going to approach that. But right now he’s under contract. He’s under contract with Chicago and I wish him the very best.”

Some Heat players, including longtime close friend Udonis Haslem, have made clear that if Wade becomes a free agent they would definitely want him to consider a return.

“He knows how I feel,” Haslem said this month.

Riley – and every other NBA executive – has to be much more guarded. But Riley made no secret of the affinity he still has for Wade, even raving about his wife, actress Gabrielle Union.

“She was stunning at the Emmys,” Riley said. “And to see him sitting in the seat next to her at the Emmys, I said `Man, we both have come a long way.”‘

The Bulls hold their media day Monday, with camp opening Tuesday. Wade spent at least part of this week in Miami, where he kept his home, and worked out at least once at the University of Miami .

Bulls President John Paxson told CSN Chicago on Thursday he and general manager Gar Forman sat down with Wade when the season ended, and plan to do so again when he returns to Chicago in the coming days.

“We were honest with him. We told him, that we don’t know what’s going to happen,” Paxson said. “At that time we were not shopping Jimmy. But we also said all along that if a deal would come along that would allow us to rebuild, we’d have to look at it. We’ve said that to everybody. So with that said, Dwyane’s under contract. He has been a professional through and through. We want to talk to him when he comes in town, and we will.”

Wade is Miami’s franchise leader in several categories, starred on all three of the Heat championship teams and has kept close ties with several people within the organization since his departure. He was the MVP of the 2006 NBA Finals.

“Probably one of the greatest series that any player has ever had in a Finals,” Riley said.