The Extra Pass: Analyzing a potential Memphis-Toronto deal

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The Extra Pass is a new daily column that’s designed to give you a better look at a theme, team, player or scheme. Today, we analyze a potential deal between the Grizzlies and Raptors. 

The recent reports linking Rudy Gay to Toronto aren’t all that surprising. It’s no big secret around the league that Raptors GM Bryan Colangelo is in the market for a “star” player, and we can safely assume that Memphis wants to move Gay at some point to avoid the luxury tax going forward.

It’s a good match on the surface, but let’s dig a little deeper:

The motivation to deal

Toronto: Why is a young 16-29 team so anxious to acquire a B-level star on a huge contract? The answer has an awful lot to do with Jose Calderon.

Calderon is a really good player, but more importantly, his $10.5 million dollar expiring contract may be the best asset the Raptors have to lure a big name to Toronto. After having cap space last free agency and failing to land Steve Nash, the Raps were stuck footing the bill for Landry Fields ($6.25 million/3 years remaining). That sort of thing can’t happen again, but the good news is that it almost definitely can’t. DeMar DeRozan’s contract extension all but guarantees the Raptors won’t have the chance to strike out this offseason, as even without Calderon, they’ll have about $59 million dollars on the books next season.

With the avenue to improve in free agency pretty much closed, the only real way for the Raptors to acquire a “star” is via trade — especially since they no longer have their first round pick thanks to the Kyle Lowry trade. Colangelo has to know he screwed this up, and a trade involving Calderon or Lowry to bring back an asset may be his last chance at fixing the problem.

Memphis: 

The absolute most important thing to remember when considering a potential Rudy Gay trade ($16.4 million/3 years remaining) is that the Grizzlies aren’t looking to take on substantial future salary. They need to get under the luxury tax for the future, and with the Conley/Gay/Randolph/Gasol core, that’s going to be incredibly difficult to do.

Because they don’t want to add future salary, you can safely rule out Andrea Bargnani ($10 million/3 years remaining) and DeRozan ($9.5 million/4 years remaining) coming to Memphis in any two-team deal involving Gay. That robs us of the hilarity of “Grit and Grind” having to deal with Bargnani, but such is life.

From a salary matching perspective, that means Jose Calderon ($10.5 million/expiring) would almost have to be involved in any deal for Gay. The Raptors may be more interested in moving Kyle Lowry ($5.75 million/2 years remaining), but the Grizzlies would have to take on an undesirable mid-level contract or two to make that happen, which again, seems counter-intuitive to the whole point of trading Gay in the first place.

The pieces

That doesn’t leave Lowry completely out of the question, though.  He’d likely be a good fit as a scoring 6th man for the Grizzlies, but more importantly, his contract isn’t guaranteed next season. That means Memphis could shave about $5.2 million in salary if they waive him before July 15th. That’s likely pretty appealing, but a third team would almost certainly have to get involved if the Raptors decided to hang on to Calderon and deal Lowry instead.

Of course, it’s worth mentioning that the Grizzlies don’t really need a point guard with Mike Conley holding down the starting spot, so a question of positional depth comes into play. If Gay gets shipped out, who plays the 3 for the Grizzlies? Quincy Pondexter should be back from his knee injury soon, and D-League call-up Chris Johnson has been impressive thus far, but is that enough to head into the playoffs with? Would a guy like Raptors swingman Alan Anderson be enough to calm those concerns?

That’s just one of the many questions surrounding a potential deal that’s also rumored to include a swap of Grizzlies’ super-sub Darrell Arthur and promising young big man Ed Davis. Simply gathering cheap, productive assets like Davis while gaining tax relief may be enough for the Grizzlies to part with Gay, but it makes a potential trade more curious for Toronto, unless future draft picks are involved.

All that said, the motivation to make a deal is there with both teams — especially since Toronto doesn’t have the leverage most teams would hold over the Grizzlies. Calderon is an unrestricted free agent this offseason and is heading into the twilight of his career, so you have to figure he’ll want a chance at a ring elsewhere.  Toronto can’t afford to let him walk away for nothing, just like Memphis can’t afford to keep paying Gay. It’s a classic buyer-seller fit, even if a third team might be required to make the pieces match up.

Report: Magic’s search firm inquiring about Larry Bird

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Larry Bird resigned as Pacers president.

Not just today, but also in 2012. A year later, he was again running a front office (Indiana’s).

Could he make an even quicker leap back into NBA team presidency – with the Magic?

Adrian Wojnarowski of Yahoo Sports:

This strikes me as more as Orlando’s search firm trying to prove its usefulness than a viable option.

Whether they’re trying to generate excitement, getting used for leverage or actually serious, the Magic keep getting linked to big-name replacements for the fired Rob HenniganDoc Rivers, David Griffin and now Bird. If the Magic are willing to pay major money for name recognition, they could get plenty of people to at least listen. But I’m unconvinced about that spending.

It’d be a little weird for Bird to inherit Frank Vogel, whom Bird fired as the Pacers’ coach. But Bird did everything he could to show that was more about seeking change than losing faith in Vogel.

Report: Larry Bird stepping down as Pacers president

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Larry Bird put his stamp on the Pacers in the last year –  firing Frank Vogel and trading for Jeff Teague and Thaddeus Young to join hand-picked Monta Ellis and Myles Turner as Paul George‘s supporting cast on an up-tempo, offensively dynamic team.

The plan fell flat.

Indiana played at a below-average pace and produced a middling offense. The Pacers got swept by the Cavaliers in the first round of the playoffs.

Now, Indiana’s uncertain future – with Paul George a year from free agency and the Lakers courting – gets even more chaotic.

Adrian Wojnarowski of Yahoo Sports:

Bird had already resigned once as Pacers president, in 2012. He returned the following year.

Bird’s patience and pain tolerance for the job due to lingering back issues from his playing days has long seemed to waver. I wouldn’t write him off for good.

Indiana promoted Kevin Pritchard in 2012, when Bird previously stepped down. Pritchard previously worked as the Trail Blazers’ general manager, and he’s a qualified replacement.

The work begins immediately with a decision on George. If he doesn’t make an All-NBA team, the Pacers won’t gain as much financial advantage in his contract offer. That could open the door to a trade and rebuilding around Turner — or making a last-ditch push to convince George he can win in Indiana.

Report: Clippers expect Chris Paul to re-sign

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Chris Paul reportedly verbally committed months ago to re-sign with the Clippers. There have been mixed signals about Blake Griffin‘s intention to re-sign.

But they can’t formalize the deals until July, and the Clippers are now one game from another demoralizing first-round exit.

Where do they stand now?

Kevin Arnovitz of ESPN:

Sources close to the Clippers say that they expect Paul to re-sign with the Clippers. He’ll be eligible for a five-year contract in excess of $200 million. Griffin’s return is less certain, sources say. This summer is his first foray into unrestricted free agency. Given his snakebitten tenure with the team and the possibility of another early exit, the prospect of exploring what’s out there will be alluring. One premise volunteered in good humor suggests that Paul is more likely to take a slew of meetings in a public process but ultimately re-sign with the Clippers, while Griffin is more likely to mull the decision privately under the guise of night, but announce he’ll be playing elsewhere in 2017-18.

Clippers president/coach Doc Rivers has made clear his desire to re-sign Paul and Griffin, and the playoffs won’t change that. This is the right call. It’s so difficult to assemble a team this good, the Clippers shouldn’t throw it away for the sake of change. Just because the Clippers haven’t gotten the breaks in previous seasons doesn’t mean they won’t get the breaks in future seasons.

But Paul and Griffin – and J.J. Redick, who’ll also be an unrestricted free agent – will determine the franchise’s fate. If they want to leave, they’ll leave.

Can the Clippers lure them back? They apparently think they’ll keep Paul, but there’s an uncertain dynamic in L.A. that Arnovitz explores in great depth. I highly recommend reading his full piece.

Nike, Adidas, Under Armour pass on potential No. 1 pick Lonzo Ball

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NBA teams reportedly aren’t dinging potential No. 1 pick Lonzo Ball over all the wild stuff his dad says and does.

Shoe companies are apparently taking a different approach.

Darren Rovell of ESPN:

An endorsement deal with Nike, Under Armour or Adidas is not in the cards for Lonzo Ball.

Ball’s father LaVar confirmed that the three shoe and apparel companies informed him that they were not interested in doing a deal with his son. Sources with the three companies told ESPN.com that they indeed were moving on.

In his meetings with the three, LaVar insisted that the company license his upstart Big Baller Brand from him. He also showed the companies a shoe prototype that he hoped would be Lonzo’s first shoe.

“We’ve said from the beginning, we aren’t looking for an endorsement deal,” LaVar told ESPN. “We’re looking for co-branding, a true partner. But they’re not ready for that because they’re not used to that model. But hey, the taxi industry wasn’t ready for Uber, either.”

“Just imagine how rich Tiger (Woods), Kobe (Bryant), Serena (Williams), (Michael) Jordan and LeBron (James) would have been if they dared to do their own thing,” LaVar said. “No one owned their own brand before they turned pro. We do and I have three sons so it’s that much more valuable.”

Is there more upside in this approach? Yeah, I guess.

But the traditional shoe companies bring valuable infrastructure and experience. There’s value in forfeiting upside for those resources. Lonzo Ball, who has yet to play in the NBA, is also missing out on guaranteed life-changing money.

On the risk-reward curve, this seems like a mistake.