All-Star weekend usually signals the official start of a frenzied week of rumors and eventually trades in the NBA. Everybody is in town — this year Houston — and general managers are talking face-to-face rather than texting and by Tuesday trades are picking up steam.
But maybe not this year.
If there was a buzz in Houston it’s that the luxury tax is scaring teams off big deals, and a lot of the trades you do see go down will be about lowering salary heading into next season more than improving the team on the floor.
The Raptors would love to move Andrea Bargnani but nobody else wants to play along and take on his $12 million next season. The Bobcats are desperately trying to move Ben Gordon but are finding few takers for the $13 million he is owed next year. Put Kris Humphries and the $12 million he is owed next season on the list. Even guys like Josh Smith are seeing reduced interest because even though he is in the last year of his deal if you trade for him you’ll have to try and re-sign him next summer and he wants five years, $90 million.
Starting next season the full weight of the tougher luxury tax kicks in as part of the new Collective Bargaining Agreement. Gone is the dollar-for-dollar tax (for every dollar you are over the luxury tax line the team paid an additional dollar penalty), replaced by a weighted tax that hits you heavier the father you are over the cap. Plus if you are over three years in a row a repeater tax comes in on top of that.
It’s got teams thinking long term and being cautious.
Oh, there will be trades — Josh Smith is the big name. Al Jefferson or Paul Millsap likely get traded out of Utah.
But most of what you will see is deals for guys such as J.J. Redick, DeJuan Blair, Omri Casspi and others. What you will see are smaller deals as teams make moves to save a few dollars, especially teams like the Warriors that are just a million or so over the luxury tax line and see no reason to pay it now.
The goal of the new CBA was to flatten out the tallent pool by making it too expensive (and restrictive in terms of trades) to be over the line. We’ll see how it works, but most teams are certainly scared of the new taxes.
Remember when Turkey revoked Enes Kanter‘s passport?
That looms over the Thunder’s Dec. 7 game against the Nets in Mexico City.
Fred Katz of The Norman Transcript:
Without a valid passport, he is unable to travel to another country other than Canada, which allows entry from U.S. residents who have a Green Card. There is no such agreement with Mexico.
Kanter could receive a re-entry permit, a special document issued to citizens of other countries whose passports have been canceled for reasons the U.S. government deems unsuitable. The permit would allow Kanter to leave the U.S. for another country, such as Mexico, and still return. And the plan is for Kanter to acquire one before OKC’s game in Mexico City. Still, he is yet to receive a re-entry permit, according to a source with knowledge of the situation. There is, however, still ample time for that process to complete.
Kanter is a high-profile millionaire working for a billion-dollar company that has a vested interest in getting him to Mexico. He likely works this out.
LeBron James denied wanting to fight Kyrie Irving, but wanting to meet with his for-now Cavaliers co-star? That might be another story. Likewise, Irving – in light of his trade request – might not be eager to meet with LeBron.
Tony Rizzo of ESPN Cleveland, as transcribed by Jackson Flickinger of King James Gospel:
“From very reliable sources. Plural. Kyrie and LeBron were in the same room over the weekend in Florida…Apparently these guys were in the same room and here’s the deal. I don’t know if there’s a thawing out process. All I do know is LeBron didn’t punch Kyrie the way Stephen A thought he would. I can report that. As for what they talked about or discussed…it was very cool. They didn’t get into any heated discussions.”
Did LeBron and Irving actually meet? Both were spotted in Miami, but maybe someone is just connecting dots that don’t belong connected.
Whether or not LeBron and Irving met, they might need to soon. Cleveland will have a tough time getting its desired return for Irving before the season, and Cavs owner Dan Gilbert discussed the possibility of Irving returning. LeBron isn’t getting traded.
No matter the disconnect between the two, LeBron and Irving might have to figure out how to work together a while longer. It’d be nice if that process has already begun.
About a month ago, the Bulls said they hadn’t discussed a buyout with Dwyane Wade.
Have the two sides progressed since?
Nick Friedell of ESPN:
Dwyane Wade isn’t long for the organization’s future and is expected to reach a buyout agreement at some point in the next few months.
Expected by whom?
People with direct knowledge of momentum toward a buyout?
Or everyone who can see that a 35-year-old earning $23.8 million fits poorly on a rebuilding team?
For the Bulls to now drop their biggest name and a large expiring contract that could prove useful in trades should require Wade surrendering a large portion of his salary. He doesn’t sound like someone inclined to do that yet.
A few months is a long time. As long as Wade gets bought out by March 1, he could join another team’s playoff roster. It’d surprise nobody if he gets bought out after the February trade deadline, which we already knew. I don’t see strong indication of something more imminent.
LeBron James has done a terrible job shooting down rumors about him leaving the Cavaliers
Except this one from Chris Sheridan, who cited a source saying LeBron would “100 percent” leave Cleveland next summer due to a rift with Cavs owner Dan Gilbert.
Joe Vardon of Cleveland.com:
Sheridan’s source saying LeBron is leaving doesn’t make that true. But other anonymous sources denying it doesn’t make the denials true, either.