Winners and losers to this point in NBA free agency

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Teams began entering into agreements with free agent players shortly after midnight Eastern on July 1, but due to a league-imposed moratorium on activity, no deals can be officially signed until July 10.

We’re almost there, and plenty of the top names available have indeed been swooped up by teams looking to make a splash next season. While there are still some major impact players left on the market, let’s take a look on some of the winners and losers to this point in the free agent sweepstakes.

WINNER: Houston Rockets. Dwight Howard chose Houston as the place he’ll sign for the next four seasons, even though his deal contains an opt-out after three that could either see him walk, or sign an extension to remain there into the twilight of his career. In addition to Howard, the team is locking up shooters like Francisco Garcia and guys that can contribute meaningful minutes off the bench if called upon like Omri Casspi.

It remains to be seen if Houston is done making moves, or if they’ll look to do something with the contracts of Jeremy Lin and Omer Asik. But for now, pairing Howard with James Harden is a huge win for the Rockets organization.

ALSO A WINNER: The Lakers. It’s true that the Lakers wanted Howard to stay in Los Angeles, and were willing to see their payroll exceed $90 million next season (even before luxury tax penalties, which would have been massive) to make that happen. A max contract for five years was what the Lakers happily would have offered for Howard’s services, but now that he’s gone, the reality that he was never a match for the franchise can finally be allowed to sink in.

Howard didn’t enjoy playing with Kobe Bryant, felt marginalized in Mike D’Antoni’s system, and never embraced the pressure of playing for a franchise where championships were not only expected, but demanded. Shaquille O’Neal was right about Howard to a certain extent, and even if he had chosen to stay with the Lakers, trouble would have been brewing in that relationship very soon, and it would have caused more harm than good for both sides.

The Lakers have nothing to do in free agency but wait a season until they have an almost completely clean slate from a salary cap perspective, but it seems as though they dodged a bullet where Howard was concerned, despite the organization’s best efforts to sign him.

LOSER: Milwaukee Bucks. We qualified these characterizations up top by saying it’s as of right now, with plenty of time left for things to change. But at the moment, Milwaukee isn’t looking all that sharp. The Bucks traded for J.J. Redick at the deadline last season, only to deal him away to the Clippers in the three-way trade that sent  Eric Bledsoe to the Suns, which netted Milwaukee nothing more than a couple of future second round draft picks.

Combine that with Monta Ellis appearing as though he’ll leave, along with the yet-to-be-resolved situation with Brandon Jennings, and it’s been a rough go of it so far. The team did add O.J. Mayo as a more cost-effective (but less dynamic) replacement for Ellis, and signed a solid veteran big man in Zaza Pachulia. But none of that screams improvement for a Bucks squad that finished six games below .500 last season, and it appears as though they’re grabbing players to fill roster spots without much of a long-term plan for success.

LOSER: Utah Jazz. The Jazz had two high-quality, unrestricted free agents in Al Jefferson and Paul Millsap. There were rumors that at least one would be dealt at the trade deadline last season, because it would have made sense to get some assets in return for guys you weren’t planning on signing once the season was over.

The trade deadline came and went, however, and both Jefferson and Millsap remained on the roster. Utah fought for the final playoff spot in the West, before ultimately succumbing to Houston and the Lakers to finish the season as part of the group of teams in the draft lottery.

Now, Jefferson has chosen Charlotte, and Millsap has agreed to play in Atlanta. The Jazz, meanwhile, chose to start from scratch by taking on the bad contracts of Richard Jefferson and Andris Biedrins from the Warriors.

WINNER: The Clippers. There was no question that Chris Paul would stay in the big market of Los Angeles and take all of that guaranteed money that staying with his current team would provide. But the Clippers tried their best to screw things up by having ownership publicly hang Paul out to dry where Vinny Del Negro was concerned, and Paul wasn’t at all happy with how that whole saga played out.

It’s amazing, however, what a few shrewd moves can do to quickly change those perceptions.

The Clippers managed to get Doc Rivers to leave the Celtics to become their head coach, before going out and solidifying the roster in hopes of making a deeper postseason run next year. L.A. retained Matt Barnes, added Jared Dudley and J.J. Redick in the trade that sent Bledsoe out of town before his salary demands became too unmanageable, and then replaced Bledsoe with a similar but more reasonably priced version of a backup for Paul in Darren Collison.

EYE OF THE BEHOLDER: Nets, Pistons, Bobcats. The view you have on the moves that these three teams made largely will depend on your opinion of how to best go about building an NBA franchise.

If you’re of the opinion that you need to get worse before you can get better, by bottoming out to clear cap space and then earning high-lottery draft picks in order to secure a young and talented roster, then it’s more than likely you’re not in favor of the moves made by these franchises.

Let’s start in Brooklyn, where the Nets are never going to pursue that model as long as billionaire owner Mikhail Prokhorov is running the show. He favors immediate success and relevance above all else, so bringing in Kevin Garnett and Paul Pierce to add to a starting lineup already featuring Deron Williams, Joe Johnson, and Brook Lopez is pretty much going to be the way things are done in Brooklyn for the foreseeable future.

The bench depth, along with just how effective Pierce and Garnett can be at this late stage of their respective careers, will be serious questions in terms of just how far the Nets can go during a run through the postseason. But on the flip-side, they’ll be a top-four team in the East, and will be extremely intriguing to watch.

As for the Bobcats and the Pistons, both teams made similarly big moves to add star power immediately instead of waiting (or in this case, continuing) to try to rebuild in the conventional way. Charlotte added Al Jefferson from the Jazz, and Detroit went out and got Josh Smith from the Hawks.

Neither of these moves make a ton of sense when you consider the rest of the players currently in place on the respective rosters. But at some point, teams need to stop being terrible in favor of being just bad in order to give the fans a certain level of hope, and give them a top-level talent to root for while adding a few more wins to the season-long struggle to develop the youth for the future.

Cavaliers-Celtics deal first offseason trade involving players who just met in NBA Finals or conference finals

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The Cavaliers and Celtics played in last year’s Eastern Conference finals. The teams were widely expected to meet there again.

Yet, Cleveland and Boston just completed a blockbuster trade – Kyrie Irving for Isaiah Thomas, Jae Crowder, Ante Zizic and the Nets’ 2018 first-round pick.

That seemed odd.

In fact, it’s unprecedented.

That is an incredible fact, one which speaks to LeBron Jamescachet. The Cavs are emphasizing this season, LeBron’s last before a player option, by loading up with veterans Thomas and Crowder. With LeBron still reigning in Cleveland, the Celtics are delaying their peak by acquiring the younger Irving.

Adding to the intrigue: the Cavs and Celtics are still favored to meet in this year’s conference finals. At minimum, they’ll face off in a(n even more) highly anticipated opening-night matchup.

PBT Extra: What does Kyrie Irving trade mean for LeBron James?

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In the end, the entire Kyrie Irving blockbuster trade was about LeBron James. It started because Kyrie Irving wanted out of LeBron’s enormous shadow. Cleveland went with this trade because Isaiah Thomas and Jae Crowder help them win now, and whatever LeBron decides to do next summer the Brooklyn pick (and maybe Ante Zizic) helps them build for the future.

But what does this trade mean to LeBron James?

Honestly, it doesn’t change much. That’s what I get into in this latest PBT Extra. LeBron is leaving his options open, but maybe this deal could help Cleveland keep him if it makes them more competitive with the Warriors.

Rumor: Young Bulls ‘can’t stand’ Dwyane Wade

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After a loss last January, Dwyane Wade (in conjunction with since-traded Jimmy Butler) lashed out at his Bulls teammates for not caring enough. Those younger players didn’t receive the message gratefully, questioning why Wade didn’t practice more.

The simple answer: Wade is 35, and he and his team are better served if he saves himself for games. But Wade also should have known his schedule left him ill-suited to criticize harder-working teammates.

The whole saga exposed the inherent tension that occurs when an accomplished veteran with declining skills is thrust into a leadership position on a mediocre team.

Consider that backdrop as Wade and Chicago dance around a buyout.

Nick Friedell on ESPN discussing Wade getting bought out:

This is inevitable. It’s coming. It’s a matter of when, not if.

But right now, guys, it’s just kind of a staring contest. Everybody’s looking at each other saying, “OK, how much money are you willing to give up?”

And Gar Forman, the Bulls’ GM, at summer league, said, “Oh, we’re not having conversations.” I don’t think that’s the case. I think Dwyane’s agents and the Bulls are wanting to get this thing done.

But I’d really be surprised if it happened before the season. I still think it’s more likely that it’ll happen probably somewhere in December or January.

But this is a divorce that’s going to happen. It’s just going to take some time.

The young players on the Bulls really can’t stand Dwyane, and it’s the little secret in Chicago. They have had enough.

Wade’s January criticism was reportedly particularly directed at Nikola Mirotic and Michael Carter-Williams, neither of whom are on the roster. (Mirotic, a restricted free agent, will likely return.) Even if Wade’s comments cast a wider net, Jerian Grant, Paul Zipser, Denzel Valentine, Bobby Portis and Cristiano Felicio are the only young players still on the team from that time. None of those players deserve much influence in how the franchise operates.

Still, no matter what the young players want, it’s clear Wade no longer fits on a rebuilding Chicago. They might get their wish.

Wade is set to earn $23.8 million in the final season of an expiring contract. That salary could prove useful in a bigger trade.

If bought out, Wade would count as dead money against Chicago’s cap at his buyout amount. They Bulls should obviously be amenable if he sacrifices enough, but a small discount doesn’t justify locking into that money rather than having a trade chip available.

If Chicago is deep into the cellar as expected after the trade deadline, a buyout would be completely logical then. Maybe the Bulls even assess the trade market sooner and conclude Wade’s huge expiring contract won’t facilitate a trade.

It’s easy to see a buyout happening eventually. In the meantime, Wade and his younger teammates will just have to get along. I trust Wade’s professionalism to make this situation at least tenable, but Fred Hoiberg might have his hands full building cooperation with all the people involved.

Spurs sign undrafted former Virginia guard London Perrantes

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SAN ANTONIO (AP) The San Antonio Spurs have signed guard London Perrantes.

Michael Scott of Basketball Insiders:

The 22-year-old Perrantes wasn’t drafted out of Virginia this year but made summer league appearances for the Miami Heat in Las Vegas and Orlando.

The 6-foot-2 guard averaged 10 points, 5 assists, 2 rebounds and 1.5 steals in the MGM Resorts Summer League. He averaged 11.3 points, 4.8 assists, 3.8 rebounds and 1.3 steals in Orlando summer league action.

Perrantes set school career records at Virginia with 138 games and 4,425 minutes. He averaged 12.7 points, 3.8 assists and 3 rebounds during his senior season. He made 40.9 percent of his career 3-point attempts (211 of 516).