Lance Stephenson, Pau Gasol

Report: Pacers’ five-year, $44 million offer to Lance Stephenson has him looking elsewhere

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Apparently, producing a movie wasn’t enough.

The Pacers might have made an entertaining pitch to Lance Stephenson, but they didn’t follow it with a strong enough contract offer.

Chris Broussard of ESPN:

Keeping their current 10 players under contract, adding two minimum-salary players and re-signing Stephenson to form a 13-man roster, the Pacers could offer Stephenson a five-year, $45,630,867 contract and remain below the projected luxury-tax line.

The reported offer falls a little shy of that, but not much. Indiana might want room to add a 14th or 15th player or tweak the roster in other helpful ways, but I don’t think that’s worth losing Stephenson. If he walks, the Pacers have very limited means to replace him.

[MORE: The Top 50 free agents for summer of 2014]

Plus, Indiana would have until the end of the regular season to make other moves to duck the luxury tax. The Pacers might not want to flirt with that line, but it’s at least an option.

Paul George making the All-NBA third team, triggering a higher salary, is really biting Indiana here. If George received fewer votes, the Pacers would have much more room to operate.

As it stands, waiving Luis Scola and his partially guaranteed salary is probably Indiana’s simplest option to clear extra space. However, Scola reached milestones last season that make such a measure less effective.

Tim Donahue of 8 Points, 9 Seconds:

Here’s the backstory of Scola’s deal: Originally, the salary ($11.0 million) for the final year on his deal (2014-15) was completely non-guaranteed. However, the deal said that the season could become partially or completely guaranteed if he met certain criteria over the first four years of the deal. It would have become fully guaranteed, had he been voted as a starter to the All-Star game. Other than that, he could get $500,000 guaranteed each year that he played 85% of his teams games and made the playoffs, and another $500,000 each year he either played in all 82 of his team games or played in 85% of his team’s games and the team went at least .500.

By the time he was amnestied by Houston in the summer of 2012, he had twice met those criteria (thus guaranteeing himself $1.0 million), but the Rockets are on the hook for part of that ($559,000). Then Scola earned another $500,000 with Phoenix by playing all 82 games, and he got another $1.0mm by (a) playing 85% of the games this year with Indiana and making playoffs, and (b) playing 82 games (also playing 85% on a .500 team).

That all adds up to $2.5 million guaranteed next year, though Indy is only on the hook for $1.9 million of it.

If the Pacers waive Scola and replace him with a minimum-salary player, they could offer Stephenson up to $57,012,360 over five years. That should be more than enough to reach a deal.

Stephenson should look around to leverage a higher offer, whether in Indiana or elsewhere. He’s earned that right. After making just $3.36 million over the last four years, it’s time to get paid.

If the Pacers want to keep Scola over paying Stephenson, that’s their prerogative. It also might be Stephenson’s prerogative to leave at that point.

DeMarcus Cousins projects to miss out on at least $29.87 million due to trade

NEW ORLEANS, LA - FEBRUARY 17:  DeMarcus Cousins #15 of the Sacramento Kings speaks with the media during media availability for the 2017 NBA All-Star Game at The Ritz-Carlton New Orleans on February 17, 2017 in New Orleans, Louisiana.  (Photo by Ronald Martinez/Getty Images)
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DeMarcus Cousins was all smiles the moment he appeared to find out about his trade, or at least trade rumors of going, from the Kings to the Pelicans.

But once he examines the deal closer, he might not like every aspect.

Cousins stands to miss out on a lot of money — about $30 million or more — due to this trade.

Because he made All-NBA teams the last two seasons, he was eligible to sign a designated-veteran-player contract extension this summer. As a matter of fact, he reportedly planned to do just that with Sacramento reportedly planning to offer it. That extension projected to be worth $209,090,000 over five years ($41,818,000 annually).

But, once officially dealt, Cousins will no longer be eligible for that super-max extension. It’s reserved for players still with their original team or who changed teams only via trade during their first four years.

This is Cousins’ seventh season, dropping his max starting salary in 2018 from 35% of the salary cap as a designated veteran player to 30%. That projects to be $179,220,000 over five years ($35,844,000 annually) if he re-signs.

It’d be even less if he leaves New Orleans, a projected $132,870,000 over four years ($33,217,500 annually).

Notice how small that difference is now between his incumbent team and other suitors. By rule, the Pelicans won’t hold nearly the same advantage in keeping him as the Kings would have. In other words, New Orleans faces greater risk of Cousins walking.

And there’s no guarantee Cousins gets the max. You saw how little the Pelicans traded for him. That speaks to his value around the league.

Just over a month ago, Cousins appeared content to take $209 million or so and stay in Sacramento. Now, his financial future is far more uncertain. But this much we know: His max possible salary on his next contract just got lowered.

Is this the moment DeMarcus Cousins found out he was traded? (video)

NEW ORLEANS, LA - FEBRUARY 18:  DeMarcus Cousins #15 of the Sacramento Kings attends practice for the 2017 NBA All-Star Game at the Mercedes-Benz Superdome on February 18, 2017 in New Orleans, Louisiana.  (Photo by Ronald Martinez/Getty Images)
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NEW ORLEANS — DeMarcus Cousins was set to answer questions after the All-Star game, when a Kings public-relations official said, “All-Star questions first, please. All-Star-game questions.”

“What other questions we got?” Cousins asked, seemingly unaware of his trade to the Pelicans.

The PR person whispered in Cousins’ ear.

“Oh, really?” Cousins asked.

More whispering.

“It’s whatever,” Cousins said.

Then, asked about his All-Star experience, Cousins smiled big and said, “It was amazing, man. I enjoyed the city of New Orleans. I love it here in New Orleans.”

West bench goes wild over Kevin Durant-Russell Westbrook alley-oop (video)

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NEW ORLEANS — Kevin Durant and Russell Westbrook connected on a fantastic alley-oop in tonight’s All-Star game, but the reaction of the Western Conference bench was even better.

Both Durant and Westbrook downplayed the play after the game, but not everyone agreed.

 

“Defining moment in history right there,” All-Star MVP Anthony Davis said.

 

Report: Kings agree to trade DeMarcus Cousins to Pelicans for Buddy Hield, several picks

NEW ORLEANS, LA - FEBRUARY 17: Anthony Davis of the New Orleans Pelicans talks to DeMarcus Cousins of the Sacramento Kings during the NBA All-Star Celebrity Game at the Mercedes-Benz Superdome on February 17, 2017 in New Orleans, Louisiana. 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 Jonathan Bachman/Getty Images)
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NEW ORLEANS — There has been a faction within the Kings organization that wanted to move DeMarcus Cousins for a while, even though they wouldn’t get equal value back, even though it would mean extending their decade-long playoff drought and rebuilding all over again. Despite Cousins’ unquestioned talent on the court, some in the franchise questioned if they could build a consistent, quality team with him as the cornerstone and pointed to the win total in recent years as their example.

For years, Sacramento owner Vivek Ranadive stood in the way of that — he was Cousins’ biggest supporter in the organization.

However, that changed recently according to a source near the Kings, and once it did things moved quickly for Cousins to be traded to the Pelicans in a blockbuster move that few in the league saw coming this quickly or at this low a price. Adrain Wojnarowski of The Vertical at Yahoo Sports broke the trade, while Marc Stein of ESPN followed up with details.

This is a big win for Pelicans’ GM Dell Demps, who has been on the hot seat for his inability to put a good team around his All-NBA star in Davis. It’s a move that comes with risks, but risks the Pelicans needed to take. How well Davis and Cousins can play together remains to be seen, and the team still desperately could use more shooting. The biggest challenge will be re-signing Cousins, who has one year left on his deal after this one (and now cannot be signed to a designated player supermax deal the Kings allegedly were going to offer). Look at what Cousins’ agent said.

Kings GM Vlade Divac was known to be a big Buddy Hield fan heading into the last draft (the Pelicans took him a few spots ahead of the Kings’ pick). Why he still seems to be this high on him is a mystery. If these picks are 2017 ones, as reported, that helps a little as this is considered a deep draft. However, it’s still not anywhere close to equal value and the Kings will take a massive a step back — and they weren’t far forward already. The Kings’ front office reportedly presented Ranadive with the two best choices, and he went with this one. The trade is the first step in a long rebuild for a Sacramento fan base that is understandably hurt. 

The next question for Ranadive is if Divac is the guy to lead that rebuild?

Cousins himself played only two minutes in the All-Star Game Sunday, a sign something was up. Davis, who was the All-Star Game MVP scoring a record 52 points, was asked about Cousins before the trade was announced.

“He’s a great player, dominant in this league, of course, with all the numbers he put up. But I haven’t heard anything,” Davis said.

Cousins also said knew nothing about the deal when he spoke to the media, and added he was just frustrated that once again he was at the All-Star Game and the focus was on trade talk surrounding him.

“Give me a break. I just need one All-Star where it’s just All-Star questions man,” an exasperated Cousins said. “This is my third one and it’s always been something… It’s disappointing I’m spending another All-Star talking about the Kings rather than my All-Star experience.”

As for if he wanted to play in New Orleans (that rumor had been flying around the Smoothie King Center all night), Cousins simply said, “if it happens it happens” and that he was happy in Sacramento.

Cousins said he hadn’t heard from Divac or anyone, and West coach Steve Kerr said that he only played Cousins two minutes in the All-Star Game at Cousins’ request because he is banged up and wanted to rest. Nobody is buying any of this, but that’s what they said.