Mavericks give Rockets Chandler Parsons offer sheet

11 Comments

Update: I guess the Mavericks didn’t need until midnight.

Sam Amick of USA Today:

If Parsons’ contract is accurately reported and my math is correct, this means the Dirk Nowitzki signing is official.

 

Chandler Parsons and Mark Cuban might have celebrated prematurely last night.

Though Parsons and the Mavericks have reportedly agreed on terms to an offer sheet, they haven’t yet officially submitted it.

Parsons has probably signed it. There’s even video of him doing so in the club:

But Dallas hasn’t yet submitted it and started the Rockets’ 72-hour clock.

Dwain Price of the Fort Worth Star-Telegram:

Why the delay?

Daryl Morey is already pressed for time. He must salvage the Omer Asik trade, finalize the Jeremy Lin trade – all to convince Chris Bosh to accept less than a max offer.

By holding off, the Mavericks are essentially doing Houston a favor. Why would they do that?

I see two non-mutually exclusive possibilities.

1. A sign-and-trade is on the table.

Mavericks general manager Donnie Nelson acknowledges that’s a possibility:

The Mavericks obviously value Parsons a lot. They’re willing to pay him all that money. But do they value him enough to also relinquish an asset to ensure they get him? At some point, Parsons’ production doesn’t warrant the cost.

From the Rockets’ perspective, taking back anything more than small contracts could interfere with their pursuit of Bosh. Maybe they can snag draft picks from Dallas, but see the previous paragraph.

I can’t rule out a sign-and-trade, but there are major roadblocks.

Once Parsons signs an offer sheet, a sign-and-trade is no longer possible. It behooves Morey to prolong sign-and-trades negotiations, giving himself more time to handle everything else on his plate.

2. The Mavericks can’t yet offer Parsons his promised money.

How much is Parsons guaranteed over his three-year contract? I’ve seen slightly different numbers.

Marc Stein of ESPN called it “in excess of $45 million.” Adrian Wojnarowski of Yahoo Sports said “$46 million.”

We’re in the range of Parsons’ max contract, which would be $46,228,710. I’m sure rounding factors in these reports, but I have yet to see someone credibly call Parsons’ offer a “max offer.”

Anyway, prior to agreeing to terms with Parsons, Dallas reached a three-year, $30 million deal with Dirk Nowitzki and agreed to re-sign Devin Harris. Most reports list Harris’ contract as worth $9 million over three years. Price has it $12 million over three years. For now, I’ll go with $9 million.

If Nowitzki’s and Harris’ contracts are fully back-loaded, the Mavericks could offer Parsons $44,413,545. If they take the relatively painless step of renouncing Petteri Koponen – the No. 30 pick in the 2007 draft who has yet to play in the NBA – they could increase their Parsons offer to $45,680,286.

That’s right in the range of what has been reported.

However, that requires Nowitzki to sign his contract first. Signing him with bird rights is the only way he can get 7.5 percent, rather than 4.5, raises. If the Mavericks renounce Nowitzki to sign Parsons first, even with renouncing Koponen, they could offer Parsons only $44,805,401 while preserving enough room to give Nowitzki his promised $30 million.

In other words, the Mavericks must wait to finalize Nowitzki’s contract before submitting Parsons’ offer sheet. In the real world, that could take time. Nelson confirms Nowitzki has yet to sign:

And if Harris’ promised contract is actually $12 million, forget about it. Drop Parsons’ three-year salary to $42,545,286. That would mean either the reports on Parsons’ salary are really off, or the Mavericks must make other moves. I figure they’d have those contingencies arranged before offering Parsons, but they also might be giving themselves an extra day to seek better trades for their expendable players (Raymond Felton, Brandan Wright,Jae Crowder,Ricky Ledo

and Gal Mekel) than would already be in place.

If Harris is getting only $9 million, though, that aspect isn’t a worry. Officially signing Nowitzki first matters, though.

So, once the Mavericks get all their ducks in a row, then what?

Jonathan Feigen of the Houston Chronicle:

 

The Rockets must figure out how everything comes together. Tonight, Dallas will likely put them on the clock to do so.

Report: Cavaliers not willing to put Nets pick in potential trade packages

Associated Press
3 Comments

When the Cleveland Cavaliers traded Kyrie Irving to Boston last summer — at Irving’s request — they got something Danny Ainge had held onto for years: The Brooklyn Nets 2018 unprotected first round pick.

From the first moment the Cavaliers got the pick there was speculation they might flip it to get LeBron James more help to chase a title this season (and then, ideally, get him to re-sign with the team next summer). Yet, every utterance from the Cavaliers front office on and off the record was that the pick was untouchable. Consider it LeBron insurance should he leave, and if he stays they can add some good young depth.

Now approaching a third of the way into the NBA season, with the Cavaliers looking good but a clear step behind Golden State or Houston (and with Brooklyn playing better than anyone expected), has their position on the pick changed? No, reports Sean Deveney at The Sporting News.

Nearly two months into the season, circumstances have changed for the Cavaliers, but according to league executives, one thing that has not changed has been Cleveland’s unwillingness to part with that Nets’ pick, even as Brooklyn has exceeded expectations, thus dinging the value of the pick.

“They would be open to a deal by all indications,” one general manager told Sporting News. “But they’re not talking about that pick. That’s the Plan B for the LeBron stuff and from what I know, they don’t want to budge on it.”

It’s an interesting team building philosophical debate for the Cavaliers: When you have a reasonable shot at a title is it better to go all in for the big prize, or do they need to think about what is next, especially with LeBron’s future unsure? (Cleveland is not a title favorite, however, they are still the favorite to come out of the East in the playoffs, and if the Cavs reach the Finals they have a puncher’s chance at least.)

The Cavaliers seem to be leaning toward keeping the pick and thinking a little about the future. The Cavaliers do have their own first round pick — which will land in the mid- to late 20s — to potentially thrown in a trade. It’s a first-round pick, if not a terribly valuable one.

On top of this, just how good the Nets have been must factor into the Cavaliers’ decision. If the season ended today, the Nets pick would be 10th heading into the lottery (which has a 1.1 percent chance of jumping up to the top pick, a 4 percent chance of jumping up to the top three picks, and an 87 percent chance of staying 10th). On our recent podcast looking ahead at the draft, NBC’s Rob Dauster said what a lot of scouts have said: After about player 8, there is a drop off. If the scrappy Nets keep playing this well as the trade deadline approaches, do the Cavaliers change their calculus?

The Cavaliers have reportedly reached out to teams about big men — the Clippers’ DeAndre Jordan (available), the Grizzlies’ Marc Gasol (the team says not available) — but it’s hard to imagine the Cavs getting an impact player that can help them get closer to another title without throwing in the Brooklyn pick. The Clippers aren’t going to take Tristan Thompson and the Cavs pick for Jordan, they will need more.

This is going to be an interesting trade deadline, and Cavaliers are going to be in the middle of it all.

Adam Silver is honest: NFL more likely to expand to Europe than NBA

Associated Press
2 Comments

Basketball is a much bigger sport in Europe than American football (not to be confused with the futball that rules European sports).

However, in reality, the NFL is far more likely to put a team in London than the NBA. Logistics is why, and why the NBA is much more strongly considering a team in Mexico City (there will be a D-League in the Mexican capital within a season or two).

Adam Silver addressed the NFL’s scheduling advantages for a London team, speaking to Marc Stein of the New York Times.

For the NBA teams closest to London — Northeast teams such as the Knicks or Celtics — the flight time from their cities to London or Mexico City are about the same (a little over six hours). However, for a team such as Miami it is just a little over 3:30 to Mexico City and nearly five hours more than that to London. And as you move West and get to teams from Los Angeles or Denver — not to mention the three teams in Texas — the trip to Mexico City is less than a cross-country flight to play those East Coast teams.

I could see the NBA putting an All-Star Game in London someday, but even that would require a longer break around the showcase game than exists now.

I’m not about to speculate how an NFL team would draw in London, if they could sell out the required luxury boxes and expensive seats, or if they could help broaden the league’s shrinking television audience. But it makes a lot more sense for that league to explore the idea than it does the NBA.

Magic Johnson: Lakers might save cap space for 2019

Ethan Miller/Getty Images
3 Comments

LeBron James seems to be tempering expectations of him signing with the Lakers.

Lakers president Magic Johnson – who has hyped signing two max free agents this summer – is doing the same.

Johnson on Spectrum SportsNet , as transcribed by Harrison Faigen of Lakers Nation.

“I feel really good about it. Now, we have cap space for probably two max guys, but that’s not to say we’ll use both of them. We want to if we can, but we have a Plan A and we have Plan B. Say we only get one of those guys, then we’ll make a decision on not to use the cap space. We can do that and save it for the class that’s coming the next year. We’re not going to give money away just because we have the cap space. I’m not about that. If the guy can’t really take our team to another level, and we see what Kyrie Irving has done for the Boston Celtics. Put him with that young talent the Celtics have, and they’ve taken off. We feel the same thing can happen for the Lakers. If we get the right free agent, that guy can take our young talent to a whole ‘nother level.”

I don’t think this will be deemed tampering, though the league’s arbitrary enforcement leaves it questionable. But I’m surprised Johnson – who already played a role in the Lakers getting a $500,000 tampering fine – discussed Irving while suggesting the Lakers leave money available for 2019, when Irving will likely become a free agent. That’s just asking for trouble.

To the substance of Johnson’s comments, no, the Lakers won’t have double max cap space next summer. Not without other moves that will reduce their positive assets.

And rolling over cap space isn’t so simple. If the Lakers sign one max free agent, his 2019-20 salary will cut into 2019 cap space. Brandon Ingram, Lonzo Ball, Larry Nance Jr., Jordan Clarkson, Luol Deng and Kyle Kuzma are collectively due a raise of $5,895,550 from 2018-19 to 2019-20. Re-signing Julius Randle, Kentavious Caldwell-Pope and/or Brook Lopez to multi-year deals would eat into 2019 cap space. It might not be possible to keep those players without multi-year guarantees, and losing them would hurt the team as it tries to impress free agents through quality play.

The Lakers shouldn’t spend just to spend this summer. But delaying would come with complications, too.

Joel Embiid takes blame for Sam Hinkie leaving 76ers

Mitchell Leff/Getty Images
4 Comments

In his letter resigning from the 76ers, Sam Hinkie wrote:

You can be wrong for the right reasons. This may well prove to be Joel Embiid.

Embiid never played for Philadelphia while Hinkie ran the team, sitting out his first two pro seasons due to injury. Then, Hinkie got ousted and Embiid got healthy. Now, Embiid – arguably the NBA’s best center – is leading the resurgent 76ers, and Hinkie is left to subtweet the franchise.

Embiid, in a Q&A with David Aldridge of NBA.com:

Me: Sam Hinkie drafted you. Do you keep in touch with him, call, text?

JE: Yeah, we text sometimes. We talk to each other sometimes. I mean, that’s the guy that drafted me, and he made sure he put everything in place so I could get healthy. And I got healthy and I got back on the court. And I feel like he basically kind of lost his job because of me, because I missed two years. So I feel like I owe him a lot. Yeah, we talk. We talk sometimes.

Hinkie’s patience in a long-term plan allowed Embiid to wait as long as necessary to play. (It also might have enabled Embiid to not take his rehab seriously enough.)

So, I get where Embiid is coming from.

But Hinkie knew what he was getting into when he drafted Embiid, who fell to the No. 3 pick in part due to injury concerns. The 76ers signed off on Hinkie’s Process then lost their appetite for the plan amid all the losing. It’s not Embiid’s fault Hinkie couldn’t persuade people to follow his direction. It’s not Embiid’s fault ownership got skittish.