Pau Gasol, Ryan Kelley, Kevin Durant

Bulls, Thunder hot on the trail for Pau Gasol

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Pau Gasol might want to get paid $10 million per year, but it’s tough seeing him commanding that high a salary.

Contenders – like the Spurs and Heat – are interested, but they lack the cap space to make big offers. Teams with cap space might not want such an old player.

But Gasol might get his choice among the NBA’s top contenders. In addition to San Antonio and Miami, the Bulls and Thunder are in pursuit.

Marc Stein of ESPN:

Ramona Shelburne of ESPN:

The Thunder could offer Gasol the full non-taxpayer mid-level exception ($5,305,000) and remain below the projected luxury-tax line, though any unlikely incentives that are met next season could push them over the line. They’d have less than $500,000 in leeway, though perhaps the actual tax line is set higher than currently projected.

Oklahoma City could also waive Hasheem Thabeet’s fully unguaranteed salary to gain extra wiggle room or replace him with a veteran like Mike Miller.

Amnestying Kendrick Perkins – probably a non-starter anyway – alone would create no extra room for Gasol, though it would put the bi-annual exception – rather than a minimum contract – in play for Miller.

The Bulls brass flying to Los Angeles to meet with Gasol certainly puts their pursuit on another level. Time spent in the air and meeting with Gasol is time Chicago’s executives can’t be meeting with other free agents.

Presently, the Bulls can offer the same amount as the Thunder, but Chicago’s road to greater cap space – amnestying Carlos Boozer and waiving the unguaranteed contracts of Ronnie Brewer,Mike James andLouis Amundson – is much easier to traverse. Those moves would give the Bulls room to offer Gasol a deal starting up to $10,741,949.

That would likely be more than enough salary to lure Gasol, but the Bulls would essentially pay double for that roster spot. After all, they’d still have to pay Boozer, even if he doesn’t count against the cap. I’m not sure Jerry Reinsdorf would accept that just to get Gasol. Possibly, Chicago is armed only with the same non-taxpayer MLE the Thunder have at their disposal.

One advantage the Thunder have is Gasol is the best free agent linked to them thus far. They can devote all their attention to him. The Bulls, on the other hand, have clearly put Carmelo Anthony first.

Days from turning 34, Gasol might take a discount to play for a contender. With Kevin Durant, Russell Westbrook and Serge Ibaka plus multiple intriguing young role players, the Thunder are definitely among the 2015 title favorites. Upgrading from Perkins to Gasol would make them much more dangerous. Gasol would add interior scoring Oklahoma City lacks, and he defends well enough – especially relative to the slowed Perkins.

If the Thunder sign Gasol, they might even eclipse the Spurs as the 2015 favorites.

Timberwolves purchase Iowa Energy D-League team

Fort Wayne Mad Ants v Santa Cruz Warriors - 2015 D-League Finals Game Two
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MINNEAPOLIS (AP) The Minnesota Timberwolves have purchased the Iowa Energy and will begin a direct affiliation with the NBA Development League team next season.

The Timberwolves announced the agreement on Monday. Owner Glen Taylor is purchasing the team, which previously had a hybrid partnership with the Memphis Grizzlies. The Wolves will become the 18th NBA team to have a direct affiliation with a D-League team.

It’s a growing trend across the league for franchises to use the minor league teams to help develop young players, coaches and executives and help players rehab injuries.

The Timberwolves were looking for a team close to the Twin Cities to allow for easy back-and-forth travel. Energy owner Jed Kaplan will remain with the team and partner with Taylor.

Denver reportedly claimed Mo Williams off waivers. Again. Then will waive him. Again.

CLEVELAND, OH - JUNE 22:  Mo Williams #52 of the Cleveland Cavaliers looks on during the Cleveland Cavaliers 2016 NBA Championship victory parade and rally on June 22, 2016 in Cleveland, Ohio.  (Photo by Mike Lawrie/Getty Images)
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This is starting to make Vanilla Sky easy to follow.

It’s all about the dead-money contract of Mo Williams, and the Sixers and Nuggets trying to save a few bucks. Everything starts with Williams being owed $2.2 million this season, however, he decided he didn’t want to play anymore and didn’t show up to Cleveland’s training camp. The Cavaliers kept Williams on the roster — and more importantly the financial books — in case they could use his salary in a trade. Which they did, shipping him to Atlanta as part of the Kyle Korver deal. Atlanta quickly traded Williams to Denver, because the Nuggets wanted to add $2.2 million to their payroll and bring them closer to the salary floor. However, the Nuggets didn’t want him on the roster, so they waived him. Then the Philadephia 76ers claimed Williams off waivers — that moved them closer to the salary floor and negated the Nuggets savings. But we’re not done yet, the Sixers didn’t want Williams soaking up a roster spot, so they waived him.

And now we’re back in Denver, reports Marc Stein of ESPN.

That would be Alonzo Gee, who they have already signed to one 10-day contract (he can have two before Denver has to make a decision on keeping him).

Why are Denver and Philly doing this? To save a little money. The NBA doesn’t just have a salary cap, it has a salary floor that is 90 percent of the cap, which means this season it is $84.7 million. Teams that don’t reach the floor — and with the fast rise in the salary cap last summer, there are a few teams in this boat — have to pay the players on the roster the money they are short of the floor (for example, if a team is $10 million, short of the floor, the $10 million gets divided up among the players on the roster). For Denver, they can shave $2.2 million off that bill by being the last team to waive Williams. Philly wanted the same thing.

Salary cap guy Albert Nahmad explained on Twitter who saved how much with all these deals.

Will Philly just claim Williams again? They can, Nahmad explained why they probably will not.

What would be funny now is another team to step in and claim Williams. Okay, it’s not really that funny.

Report: Magic offered first-round pick, Nikola Vucevic to Heat for Goran Dragic

ORLANDO, FL - OCTOBER 26: Goran Dragic #7 of the Miami Heat goes to the basket against Elfrid Payton #4 of the Orlando Magic on opening night on October 26, 2016 at Amway Center 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 Manuela Davies/Getty Images)
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We already knew the Magic were interested in Heat point guard Goran Dragic.

Orlando has an excess of power forwards and centers (or players who should be at those positions) – Serge Ibaka, Bismack Biyombo, Nikola Vucevic, Aaron Gordon, Jeff Green – and have been better with an offense-first D.J. Augustin starting and Elfrid Payton coming off the bench. Dealing a big man for Dragic would be logical.

This isn’t that.

Marc Stein of ESPN:

Orlando, according to league sources, recently tried to engage Miami on a Goran Dragic deal in which the Magic were said to be offering center Nikola Vucevic and a future first-round pick.

Dragic is on the wrong side of 30 and due more than $54 million over the next three years. The Magic are 18-28, 4.5 games and four teams out of playoff position.

Why would they want a player like Dragic?

Orlando should focus on building for future seasons, which means not swapping first-round picks for veterans. There will probably be better avenues for a point guard upgrade offseason. If not, the Magic can always get a solid point guard for one of its bigs and a first-rounder. There should be no rush to pursue a deal like that now, because a late playoff push is impractical.

Perhaps, the protections on the pick are strong enough to make this deal palatable for Orlando. But this just reeks of general manager Rob Hennigan mortgaging the future to show progress now, even if that’s foolish for the organization.

Miller family transfers ownership of Jazz to trust that will keep team in Utah

SALT LAKE CITY, UT - NOVEMBER 4: General view of the former EnergySolutions Arena which has been renamed Vivint Smart Home Arena, where the Portland Trail Blazers will play the Utah Jazz on November 4, 2015 in Salt Lake City, Utah. 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 Gene Sweeney Jr/Getty Images)
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Since Larry Miller died back in 2009, there have been some around the league that thought the Jazz might eventually be sold out of the family, most likely to an owner looking to move them out of Utah. The Miller family has denied that vehemently, and there has been not even a step that direction, but it’s easier to kill Freddy Krueger than an NBA rumor.

Monday, the Miller family killed that rumor for good, taking an unprecedented step that will keep the Jazz in Utah for a long, long, time.

Gail Miller has transferred ownership of the Utah Jazz and Vivint Smart Home Arena into a Legacy Trust that will keep the Jazz in Utah for what she said would be “generations.”

“As a family, we have always considered the Utah Jazz a community asset and it has been our privilege to serve as stewards of this team for more than 30 years,” Miller said. “There have been many opportunities to sell and move the franchise, but from the day Larry and I purchased the Jazz our goal was to keep the team in Utah. The Legacy Trust will help to ensure this commitment is kept for generations to come.”

The Miller family will continue to manage the trust (along with a board of directors) as well as the Jazz the organization. However, the Miller family will not profit from the running of the team as it had before. That eliminates the profit motive for selling the Jazz.

“As a family and company, we have always been committed to doing things the right way and working to achieve our mission of enriching lives and giving back,” said Miller. “This trust and our new corporate structure will continue this important legacy in perpetuity and represents our commitment and deep love for the State of Utah.”

Jody Genessy, Jazz writer for the Deseret News, added these notes from the press conference for the announcement.

This is a huge win for the fans in Utah. It’s also a win for the NBA — billionaires buying up teams with the promise/idea of moving them is not good optics for the league. Adam Silver has favored stability (he was one of the key reasons the Kings are still in Sacramento), and this is a step in that direction.