Brooklyn Nets v New York Knicks

Source on Carmelo Anthony’s free agent decision: ‘If he makes the choice to opt out, I think he’s gone’

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Phil Jackson has already proven to have at least a basic understanding of what’s required to begin to turn the Knicks around during his short time in office as the team’s president of basketball operations.

The plea made to Carmelo Anthony to opt in for the final year of his contract at more than $23 million was a smart one, because it would buy Jackson some time to pursue free agents in the summer of 2015, when Anthony could choose to sign for less money in order for the team to add championship pieces around him.

It’s a highly unlikely scenario, because simply from the financial side, it’s too risky for Anthony not to take a new max contract the moment the collective bargaining agreement allows it.

But while many believed that he would opt out to re-sign a max deal to stay with the Knicks — something the team would surely offer — some now feel that if Anthony opts out of his deal, it would mean a return to New York is far less likely.

From Chris Herring of the Wall Street Journal:

The team’s star forward, Carmelo Anthony, has until Monday to decide if he wants to opt out of his contract and test the free-agent market, something he has long indicated that he wants to do. Once he makes that choice, the Knicks—and all of the NBA—will have a much clearer sense of whether Anthony has played his last home game in New York.

“If he makes the choice to opt out, I think he’s gone,” said one person familiar with the matter.

That’s because Anthony, for as much as he has talked about potentially taking a pay cut to help the Knicks build a winner around him, would actually be hindering the team by becoming a free agent. Despite the possibility that he could opt out and then re-sign for less money, there really is no immediate benefit in that for the Knicks, who are hopelessly over the league’s salary cap anyway until 2015.

Another telling line from that piece: “the Knicks would still be more than $4 million over the cap in 2014 even if Anthony somehow could take a $1 salary.”

Due to the team’s irresponsible decisions in the past, 2014 remains a lost cause in terms of transforming the roster. Because of this, the thinking is that Anthony signing a max deal to stay in New York doesn’t make a whole lot of sense if winning is the priority, either immediately or at some point in the not-too-distant future.

The Bulls, for example, could give Anthony a max deal by amnestying Carlos Boozer and making some other minor moves. Chicago would be immediately elevated to the status of contender with Derrick Rose, Joakim Noah and Taj Gibson already in place, though it would cost Anthony a large chunk of change ($30 million or so) if in fact he makes that decision.

That’s what it’s going to come down to where Anthony is concerned. If he wants the most money possible, he’ll re-sign in New York for a five-year max deal that will hurt the franchise in terms of its ability to provide him with a championship-caliber supporting cast.

If winning is truly the priority, however, he could take less money to stay. But nothing is guaranteed in terms of the Knicks being able to add talent in free agency, so the easier route to success might simply be to sign with an already-built contender somewhere else.

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.