West Virginia v Connecticut

Report: Kings reject Rockets’ offer of Lowry for No. 5 pick

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UPDATE 9:18 pm: David Aldridge of NBA.com reports that the Kings have shot down the Rockets’ offer to get the No. 5 pick.

But their offer of guard Kyle Lowry along with the 16th pick overall to the Sacramento Kings in exchange for the fifth pick overall and forward Chuck Hayes was rejected Wednesday by Sacramento, according to league sources.

He may not be in this deal, but expect to see Lowry in some trade either in the next 24 hours or later this summer. His relationship with coach Kevin McHale has been strained, the Rockets like and want to re-sign Goran Dragic to run the point after how he closed out the season, and Lowry is a borderline All-Star with a very affordable contract.

7:24 pm: You know Rockets general manager Daryl Morey has a master plan in mind. He always does.

As he’s been making moves and stockpiling picks — the No. 12, 16 and 18 as of this writing — everyone has been trying to figure out the end game. It’s not just getting a pick or two in the top 10 (that’s obvious) but is he targeting a player. Maybe one in the draft, maybe one via trade (besides Dwight Howard, that’s a Hail Mary.)

Ken Berger of CBSSports.com is reporting some possibilities along those lines.

Among several avenues the Rockets are exploring would be a trade with Sacramento for the No. 5 pick in a deal that likely would send Tyreke Evans to Houston, sources said. The teams have discussed several scenarios, and while one person briefed on the talks described the deal as “getting close,” rival executives have gotten the strong impression that the Kings are steadfastly resisting the Rockets’ overtures.

Word in front office circles has been consistent that the Rockets’ target is Connecticut 7-footer Andre Drummond, although some executives openly wondered Wednesday if that was a smokescreen. Welcome to the 24 hours before the draft.

The smokescreen would be because they want point guard Damian Lillard, who the Trail Blazers plan to grab at No. 6 (allegedly).

Lillard makes more sense than Drummond, who is a huge gamble, boom or bust. But maybe a big gamble works for Morey, who doesn’t want to live in the NBA’s middle ground anymore. If Drummond pans out he has a contender, if he doesn’t he falls and ends up with high draft picks to build on.

But I just have a gut feeling it’s not Drummond and it may not be Lillard. There may be other targets out there.

One thing Berger confirms that is being reported consistently now — the Rockets are out of the Pau Gasol sweepstakes. They made a run last year (Gasol would have been a Rocket in the scuttled Chris Paul trade) but they have moved on.

Report: Victor Oladipo seeking max contract extension from Thunder

ORLANDO, FL - JANUARY 22:  Victor Oladipo waits for a free throw during the game against the Charlotte Hornets at Amway Center on January 22, 2016 in Orlando, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Sam Greenwood/Getty Images)
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The Thunder dealt with the Magic to get Victor Oladipo.

Now, it’s time to negotiate with Oladipo, who’s eligible for a rookie-scale contract extension.

How much does he want?

Zach Lowe of ESPN:

(for now) seeking the maximum salary, sources say.

Why shouldn’t he?

C.J. McCollum just got a max extension, and while I’d prefer McCollum over Oladipo, their value is comparable. McCollum is a superior shooter, but Oladipo is more advanced defensively. Two factors working in McCollum’s favor — youth and a shortage of good shooting guards in the NBA — also apply to Oladipo.

Perhaps, the max rules kept McCollum from earning more. Even if he’s not quite as valuable as McCollum, Oladipo still might deserve the max. That’s a pitfall (feature?) of the system.

But a difference between the Trail Blazers’ and Thunder’s cap outlooks could be key.

If he doesn’t sign an extension, Oladipo will count $13,105,921 against the cap to begin next offseason. Oklahoma City can hold him at that number, use its other cap space then exceed the cap to re-sign him with Bird Rights.

If he signs an extension, he’ll count all offseason at his 2017-18 salary — which is projected to have a max of about $24 million.

Because Oklahoma City is more likely than Portland to have 2017 cap space, that difference matters considerably. The Thunder could use an extra $11 million of flexibility, especially as they handle Russell Westbrook‘s free agency.

Oladipo almost certainly won’t sign an extension that starts at less than his $13,105,921 cap hold. So, any extension will cut into the Thunder’s 2017 space. But he could take enough of a discount to make it worth their while over the life of the deal.

There’s plenty of time for compromise. Oladipo’s extension deadline is Oct. 31.

For now, Oladipo should keep asking for the biggest payday.

Report: Warriors center Anderson Varejao likely out for Olympics

LONDON, ENGLAND - JULY 31: Dan Clark #13 of Great Britain shoots over Anderson Varejao #11 of Brazil in the Men's Basketball Preliminary Round match between Great Britain and Brazil on Day 4 of the London 2012 Olympic Games at Basketball Arena on July 31, 2012 in London, England.  (Photo by Christian Petersen/Getty Images)
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Warriors center Anderson Varejao left his native Brazil to have his back examined in the United States before the Rio Olympics.

The prognosis doesn’t sound good.

Marc Stein of ESPN:

That’s a bummer for Varejao, who was clearly looking forward to playing in his home Olympics. At least Brazil still has plenty of talent — including Nene, Leandro Barbosa, Raul Neto and Marcelo Huertas — to compete for a medal.

The Warriors certainly hope Varejao heals in time for the season. They might have to depend on him to back up Zaza Pachulia if rookie Damian Jones isn’t ready and they want to limit the pounding Draymond Green takes at center.

Rudy Gay: Kings aren’t handling trade rumors right way

DALLAS, TX - MARCH 03:  Rudy Gay #8 of the Sacramento Kings during the first half at American Airlines Center on March 3, 2016 in Dallas, Texas.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Ronald Martinez/Getty Images)
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Rudy Gay has come up again and again in trade rumors.

The Kings forward doesn’t seem thrilled with that.

Gay, in a Q&A with Blake Ellington of Sactown Royalty:

You mentioned people are wondering if you are going to be here next season. I imagine you are like most of the guys in the league and try not to pay attention to that stuff, but do you pay attention to trade rumors and does it bother you?

I mean it’s been pretty loud as of late so it’s hard not to pay attention to it. I think it just goes to, I don’t know, I think there’s always ways to do things and in this situation I don’t think it’s going about the right way. No matter what your intentions to do with your players, I would think the first thing you want to do is make sure people are happy with what you are doing. That hasn’t been the case.

So you haven’t had much communication with the franchise as far as your future?

No, I haven’t. I’ve had communication, but not the kind of communication that I would say I like.

If you had your ideal communication situation, what would you like to hear from the franchise?

You don’t want to hear things on the internet, on Twitter. You would like to hear it from out of the horse’s mouth. Just be upfront with people, that’s all you have to do.

Toward the end of the last couple of seasons you have made it clear you don’t think the franchise has a direction. I assume you still feel that way. What do you think the direction of the team is right now?

I have no idea. I suit up and give it my all. That’s all I can do in this situation, that’s all you can do. Go out there and play as much as you can. Obviously, we don’t have anything to really build on. We have a new coach. I think that’s the only thing we can really build on. New coach and seeing how it plays out.

Remember, this is only Gay’s side of the story. The Kings might have a different point of view.

But after repeatedly putting players in unfavorable positions, Sacramento probably doesn’t deserve the benefit of the doubt.

Beyond communication issues, the Kings are likely having a tough time dealing Gay. He’s owed $13,333,333 this season and has a $14,263,566 player option for 2017-18. That’s not egregious, but it’s also not great value for someone who perpetually produces short of his athletic capabilities. Gay having Achilles surgery this offseason — revealed in the same interview — doesn’t help. He’ll turn 30 next month.

Sacramento, trying to win a reasonable amount as it opens a new arena, probably isn’t ready just to dump Gay and turn the small forward position over to Omri Casspi and Matt Barnes. Even if he’s just an average player, Gay can still help.

This is clearly an imperfect partnership between Gay and the Kings. But both sides might have to endure a little longer.

Sacramento — if nothing else, for the sake of its own reputation — should probably do more so Gay doesn’t feel like staying is such a burden.

Hornets sign undrafted Virginia center Mike Tobey

CHICAGO, IL - MARCH 27:  Mike Tobey #10 of the Virginia Cavaliers celebrates in the second half against the Syracuse Orange during the 2016 NCAA Men's Basketball Tournament Midwest Regional Final at United Center on March 27, 2016 in Chicago, Illinois.  (Photo by Jamie Squire/Getty Images)
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The Hornets are plenty deep at center with Cody Zeller, Roy Hibbert, Spencer Hawes and Frank Kaminsky.

Just in case…

Hornets release:

Charlotte Hornets General Manager Rich Cho announced today that the team has signed center Mike Tobey.

Tobey went undrafted after four seasons at Virginia then played well for the Hornets’ summer-league team. He’s a good offensive rebounder, and he has some touch with the ball. But his lack of length and athleticism really limit him.

There’s an outside chance Tobey competes with Aaron Harrison, whose salary is unguaranteed, for Charlotte’s final regular-season roster spot. Tobey’s standing and the Hornets’ center depth will work against him.

Most likely, this is just a way for Charlotte to stock its new D-League affiliate, the Greensboro Swarm. The Hornets can waive Tobey after training camp and assign his D-League rights to the Swarm. A partial guarantee on his NBA contract would probably entice him to join the D-League rather than play overseas.