With lower-than-expected salary cap, will Rockets and Pelicans still complete Omer Asik trade?

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Rockets general manager Daryl Morey has his hands full.

He must decide whether or not to match the Mavericks’ offer sheet for Parsons, convince Chris Bosh to accept less than a max contract and arrange trades for dump other players (including Jeremy Lin).

And he has fewer than 72 hours to do it.

I don’t want to pile on, but he might have one more responsibility that previously seemed completed: Trading Omer Asik.

Houston reportedly agreed before the draft to trade Asik to the Pelicans for a future first-round pick. The deal was slated to become official after the July moratorium, which ended last night.

At the time the trade was agreed upon, it wasn’t exactly clear how New Orleans would clear the cap space to absorb Asik, who has a cap number of $8,374,646. It seemed simple enough, though.

The Pelicans could waive the unguaranteed contracts of Melvin Ely and Luke Babbitt, use the stretch provision on Austin Rivers , Alexis Ajinca and Jeff Withey (even after his salary became $100,000 guaranteed July 6) and renounce all their free agents, and they’d have enough room based on the projected salary cap to take Asik – with $32,772 to spare below their post-trade team-salary limit ($100,00 above the salary cap).

Maybe New Orleans didn’t want to dump Rivers, Ajinca and Withey for no return. But the Pelicans could, theoretically, at least assure Houston they’d take such measures if no trades emerged.

However, the actual salary cap came in $135,000 lower than the projected salary cap. Suddenly, that $32,772 room for error is gone.

Now, that set of transactions leaves New Orleans $102,228 shy of having enough room for the trade.

Unless they stretch one of their top-five players – Anthony Davis, Jrue Holiday, Tyreke Evans, Eric Gordon and Ryan Anderson – the Pelicans can’t unilaterally create enough cap space to trade a first-round pick for Asik.

Safe to say, they’re not stretching those valuable players. That means a New Orleans player must get added to the Houston trade or dealt elsewhere.

Trading one of the big five could clear room, but again, I can’t see the Pelicans going that route unless they had something lined up independent of the Asik trade.

Much more likely: New Orleans trades Ajinca or Rivers. Dumping either would clear enough room to add Asik.

Ajinca, due $981,084 next season, is a decent backup center. He averaged 5.9 points on 54.6 percent shooting and 4.9 rebounds in 17.0 minutes per game for the Pelicans last season.

Rivers has struggled to shoot efficiently in the NBA, but he was the No. 10 overall pick just two seasons ago. His 2014-15 salary is $2,439,840, and he has a $3,110,796 2015-16 team option that must be decided by Oct. 31.

These players are movable. It’s even possible New Orleans already has contingencies in place to complete the Asik trade.

But the NBA didn’t release the actual salary cap until yesterday, and the league’s estimates tend to be conservative. This is the rare official NBA cap estimate that overestimated reality. I’m not totally convinced the Pelicans and Rockets were ready for it.

At this point, dealing Ajinca or Rivers might be somewhat cumbersome. If teams know why New Orleans must shed salary – or even if they don’t – they might demand a second-round pick to take on Ajinca or Rivers. So many teams are trying to maximize cap space, even these small guaranteed salaries could get in the way.

Trading a first-rounder for Asik was already costly. If New Orleans must add another pick to dump Ajinca or Rivers, the value of the deal drops for the Pelicans.

A simple answer would be dealing Ajinca or Rivers to Houston as part of the Asik trade. But the Rockets are already likely asking Bosh to sacrifice salary. Adding another guaranteed salary would certainly reduce the effectiveness of trading Asik to trim salary, even if just a small amount.

When the margin for error is so slim, it’s easy to look back at previous moves and wonder what could have been.

Why did the Pelicans keep Withey past July 5? That triggered a $100,000 guarantee, and though that amount alone doesn’t alter the feasibility of the Asik trade, it’s a hindrance.

Why did New Orleans give Ajinca, who hadn’t played in the NBA in two years, a guaranteed two-season contract when signing him in December? If that second year were unguaranteed, a reasonable stipulation for a player of Ajinca’s caliber, this problem would have been avoided.

The Pelicans can’t undo these previous decisions, and they’ll have to deal with the fallout. But their problem is now Morey’s problem.

On the clock with Parsons, Morey must address this if he hasn’t already.

The Pelicans also face a time crunch to address this. Barring a much bigger move, they can’t feasibly trade for Asik after using the mid-level exception. That means free agents are picking other destinations as New Orleans handles this issue.

I still expect Asik will be traded to the Pelicans (though I wouldn’t be shocked if the deal falls apart). It will just be a little more complicated now.

However, I’m not sure those complications will be sorted out before Parsons’ deadline or before New Orleans’ top MLE target signs elsewhere.

Report: Kyrie Irving’s top choice for trade is Spurs

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Kyrie Irving, in requesting a trade, reportedly gave the Cavaliers a list of preferred destinations – Knicks, Heat, Spurs and Timberwolves. But those teams aren’t all equal to Irving.

Adam Zagoria of Zagsblog:

One league source told ZAGSBLOG that the Knicks were not Irving’s preferred destination, and that San Antonio was atop his list.

Irving is locked up for two more years and doesn’t possess a no-trade clause. Where he’d re-sign in 2019 and his agent’s agitating could play small parts in which teams offer the most for him, but he has minimal control of where he goes.

Still, San Antonio is an interesting first choice.

Irving reportedly wants to escape LeBron James‘ shadow and lead his own team. But Kawhi Leonard is far better than Irving and already has Spurs president/coach Gregg Popovich’s trust. Leonard has even turned himself into a 25-point-per-game scorer and MVP runner-up. So, even though the biggest difference between Leonard and Irving is defense (an oft-overlooked area), Leonard still shines in ways that get noticed.

So, why does Irving want to join San Antonio?

Maybe he underestimates Leonard. He wouldn’t be the first star to do so. See Kevin Durant and LaMarcus Aldridge.

Maybe Irving has a sliding scale of priorities. Sure, he’d like preeminence on a team, but maybe he’d relinquish that to join Leonard and Popovich. At least the reserved Leonard would cede the spotlight to Irving as much as possible (which LeBron would never do), and Popovich is more respected than Tyronn Lue.

But back to reality: The Spurs lack assets beyond Leonard to trade for Irving – Aldridge would be a horrid fit with LeBron, Kevin Love and Tristan Thompson, and San Antonio’s first-round picks are always in the low 20s – and the Cavs control where Irving goes. It’s very hard to see Irving landing in San Antonio.

Report: John Wall’s extension includes player option

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The Wizards had John Wall under contract for the next two seasons then signed him to a super-max extension that locks him in for an additional four three years.

Adrian Wojnarowski of ESPN:

I’m a little surprised the Wizards gave Wall a player option considering their leverage.

Wall’s extension projects to pay him $169 million over four years – $30 million more than another team’s projected max offer over the same span. Even if Wall wanted to stay in Washington, this was the only offseason he could’ve ensured receiving the super-max rate. Had he rejected the extension now, he would have been eligible for the super max only by making an All-NBA team either of the next two years – far from guaranteed.

Still, the Wizards gave Wall everything – the highest-possible salary, max raises, a player option and a trade kicker.* There’s value in pleasing the franchise player. Wall will be the team’s third-highest-paid player for the next two years (behind Otto Porter and Bradley Beal), which might have bothered Wall if not for the super-max extension about to kick in. This deal makes locker-room harmony more likely.

But it also allows Wall to hit free agency in 2022 rather than 2023. Maybe that won’t matter. Wall’s salary option-year salary projects to be $47 million when he’s 32-years-old. I doubt Wall opts out then, though it’s certainly possible.

Effectively, if Wall is worth that much in 2022, he’ll be a free agent. If he’s not worth that much, Washington committed to pay him.

*The trade kicker is unlikely to to matter unless the salary cap unexpectedly increases significantly. It can’t lift Wall’s salary above 35% of the salary cap in the season he’s traded, and he’ll likely be at or above that mark throughout the extension anyway.

Basketball Hall of Famer John Kundla dies at 101

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MINNEAPOLIS (AP) — John Kundla, the Hall of Fame coach who led the Minneapolis Lakers to five NBA championships, died Sunday. He was 101.

Son Jim Kundla said his father died at an assisted living facility in Northeast Minneapolis that he has called home for years.

Kundla coached George Mikan and the Lakers in the 1940s and 1950s, helping them become the NBA’s first dynasty. He went 423-302 before retiring at the age of 42 and went on to coach his alma mater, the University of Minnesota.

Kundla was the oldest living Hall of Famer in any of the four major pro sports.

Kundla was inducted into the Hall of Fame in 1995. A year later, he was named one of the league’s 10 greatest coaches as part of the league’s “NBA at 50” celebration.

 

Report: Magic signing Marreese Speights to one-year, minimum contract

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It’s a tough market for free-agent centers, as Marreese Speights learned the hard way.

Jeff Zillgitt of USA Today:

I wonder whether Speights regrets opting out with the Clippers, who were also slated to pay him a minimum salary. Not only is he stuck with a low-paying deal, he’s on a worse team and one with center depth.

Nikola Vucevic and Bismack Biyombo should play only center, where Speights is best. Speights can also play power forward, but Aaron Gordon should get all his minutes there. Maybe Jonathan Isaac should, too, though it’s more tolerable to play him at small forward while the rookie adjusts to the NBA.

Simply, there won’t be much playing time for Speights unless Orlando makes a trade (maybe this is a harbinger) or plays too big of lineups (a lesson it should have learned last season).

Likewise, the Clippers will be fine, though less versatile, without Speights. The acquired Willie Reed (free agency) and Montrezl Harrell (Chris Paul trade) to play behind DeAndre Jordan.

Speights clearly isn’t essential, but he has expanded his range beyond the 3-point arc. He defends with effort, though not necessarily well. There’s a place in the league for stretch fives like him. But he turns 30 in a couple weeks, and his stock is clearly low. At least he’ll have a chance for a bigger payday next summer.