Mike Conley, Jose Calderon

The Extra Pass: Analyzing a potential Memphis-Toronto deal

2 Comments

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.

Dion Waiters explains decision to sign with the Heat in an Instagram post

OKLAHOMA CITY, OK - MAY 24:  Dion Waiters #3 of the Oklahoma City Thunder reacts in the first quater against the Golden State Warriors in game four of the Western Conference Finals during the 2016 NBA Playoffs at Chesapeake Energy Arena on May 24, 2016 in Oklahoma City, Oklahoma. 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)
7 Comments

On Monday, Dion Waiters agreed to a one-year, $2.9 million deal with the Heat, far less than most people thought he would get as one of the few significant free agents still on the market. Tuesday afternoon, he posted an explanation on Instagram for his deal.

Here’s what he said:

I didn’t do it for the money… I did it for the opportunity to go out & ball & have fun. Everything else will take care of its self!!! I just felt like it was the best situation for me…& my family. I could have waited & got wat I wanted. But I rather be happy then miserable at the end of the day!!! Meaning Yu can have everything & still not be happy… #heatnation let’s get it!!! #provethemwrong #stamped #Philly

It seems clear, based on the market, that the kinds of offers Waiters was hoping for weren’t out there for him. In Miami, with Dwyane Wade gone, he’ll probably start at shooting guard and have plenty of opportunities to prove himself in hopes of landing a long-term deal next summer.

Report: Celtics sign second-round pick Demetrius Jackson to four-year deal

PHILADELPHIA, PA - MARCH 27:  Demetrius Jackson #11 of the Notre Dame Fighting Irish walks to the bench late in the second half against the North Carolina Tar Heels during the 2016 NCAA Men's Basketball Tournament East Regional Final at Wells Fargo Center on March 27, 2016 in Philadelphia, Pennsylvania.  (Photo by Elsa/Getty Images)
2 Comments

While we wait for the Celtics to make a bigger move to trade for another star, they’re filling out the end of their roster. Sheridan Hoops’ Michael Scotto is reporting that they’ve signed Demetrius Jackson, the No. 45 pick in last month’s draft, to a four-year deal.

Jackson declared for the draft after his junior season at Notre Dame. Talent-wise, he has the chance to be a major steal for Boston — DraftExpress has him ranked as the 17th-best overall prospect in this year’s draft class. But he might not play much his first year. The Celtics’ roster is already crowded and there’s still the chance that they’ll make another move with some of their much-vaunted assets if the right star becomes available.

Hawks sign former Michigan State center Matt Costello

ST LOUIS, MO - MARCH 18: Matt Costello #10 of the Michigan State Spartans handles the ball against Darnell Harris #0 of the Middle Tennessee Blue Raiders in the second half during the first round of the 2016 NCAA Men's Basketball Tournament at Scottrade Center on March 18, 2016 in St Louis, Missouri.  (Photo by Dilip Vishwanat/Getty Images)
Dilip Vishwanat/Getty Images
Leave a comment

ATLANTA (AP) — The Atlanta Hawks have signed undrafted rookie free agent center Matt Costello of Michigan State.

The 6-foot-9, 245-pound Costello averaged 5.7 points and 5 rebounds on the Hawks’ summer league team in Las Vegas.

Costello averaged 10.7 points and 8.2 rebounds as a senior at Michigan State. He holds the school’s career record with 146 blocked shots.

Terms of the deal were not released.

Watch Jamal Crawford drop an effortless 44, hit game winner at Seattle pro-am

5 Comments

Jamal Crawford knows how to get buckets.

He does it against NBA level defenders, so put him in a free-flowing pro-am — let’s say the Seattle pro-am in his hometown — and he barely breaks a sweat dropping 44. And nailing the game winner.

Doc Rivers hopes to see a lot of that next season.