Report: Charlotte Hornets to sign Lance Stephenson to three-year contract

120 Comments

UPDATE 11:11 am: Lance Stephenson’s representative Alberto Ebanks released this statement to the Indy Star about the decision, which makes it seem it was less about the money and more about the years.

“Lance is forever grateful for all the love he’s received from Pacers fans. He is especially grateful to his teammates, Frank Vogel, Herb Simon. the Pacers management and, most of all, Larry Bird. While we tried our best to come to the best possible terms for both sides there was not sufficient flexibility in the terms of the contract, particularly the length of the contract. Reports throughout the negotiation process with Indiana have often strayed from the truth but suffice it to say that it was less about the money. Lance will miss the city, the team and the mentor who helped transform him into the dynamic player he has become. He looks forward to making a strong contribution and beginning a new chapter with the Charlotte Hornets.”

His teammates were not thrilled to hear the news they lost one of their team’s best players.

6:14 am: Michael Jordan’s team had built up a nice foundation in the East last season, but they needed to become more dynamic on offense to take the next step.

They just did that.

Or at least took a gamble on it — and if you’re in Charlotte you need to take a few gambles to bring in stars.

The Charlotte Hornets have landed the best free agent still on the market in Lance Stephenson, reaching a three-year deal with the unrestricted free agent from Indiana. Rick Bonnell of the Charlotte Observer broke the story basically in the middle of the night (early Wednesday morning, to be specific).

Other reports say this works out to three years, $27 million total (if the team picks up that third year). That is more per year than the five-year, $44 million offer Larry Bird and the Indiana Pacers threw at Stephenson. For Stephenson this new deal lacks the security or guaranteed money of the Indiana offer, but he had felt insulted by what he thought was a low-ball offer from the Pacers and was looking for someone else to step up. He found it. Sort of.

For Charlotte, they limit their exposure to the talented but immature Stephenson by keeping this a two-year deal if they don’t pick up the option.

This is a great fit on the court for the Hornets, who count on Kemba Walker at the point to create offense and Al Jefferson in the paint to put up numbers. Stephenson both brings another shot creator and a good defender to a team that made the playoffs last season based on its defense.

Stephenson averaged 13.8 points, 7.2 rebounds and 4.6 assists a game last season and when on can both can create shots for himself and others with his attacking, aggressive style. He doesn’t tend to do it efficiently all the time and that aggressive style can turn wild and reckless. Then there’s also the guy that blows in LeBron James’ ear.

If he matures on the court, this could be the steal of free agency. If not, the Hornets can get out of this deal early.

The Pacers, already over the salary cap, are going to have a hard time replacing Stephenson’s shot creation. That was an at times stagnant offense that just got much more so. Larry Bird has some real work to do now.

76ers coach Brett Brown: Joel Embiid’s minute restriction could quickly rise

Jamie Squire/Getty Images
Leave a comment

Joel Embiid‘s minute limit of below 20 bummed out everyone (especially Embiid).

But good news could be on the way.

Keith Pompey of The Inquirer:

The 76ers look like a borderline playoff team, Embiid’s health the biggest variable. There’s a direct correlation between his ability to stay on the court and Philadelphia’s postseason chances.

Plus, he’s just so darn fun to watch. The more he plays, the bigger victory it is for every viewer not rooting for the 76ers’ opponent that night.

Report: Bucks have offered second-round pick as enticement for Rashad Vaughn trade

Jason Miller/Getty Images
Leave a comment

John Henson was on the trade block. Greg Monroe seems permanently affixed there.

Another player the Bucks apparently want to deal? Rashad Vaughn, who was the No. 17 pick in 2015.

Adrian Wojnarowski of ESPN:

Milwaukee has been working to trade several players to clear salary-cap space, including guard Rashad Vaughn and center John Henson, league sources said. The Bucks have been willing to attach a second-round pick in offers for Vaughn, league sources said.

It’s unclear whether the Bucks are still as motivated to move Vaughn. They slid under the luxury-tax line by stretching Spencer Hawes. One-time target Richard Jefferson already signed with the Nuggets. A roster vacancy and cap savings might not matter as much anymore to Milwaukee.

But Vaughn has struggled in two NBA seasons. The Bucks might be better off trying to develop someone else, even a D-League player, over the 21-year-old Vaugh.

Vaughn is due $1,889,040 this season. He faces a $2,901,565 team option for next season, which his team must decide on by Oct. 31. It seems unlikely that will be exercised.

This is what happens when you draft players for the wrong reason.

Report: Cavaliers nearly traded Richard Jefferson last year when he revealed championship rings on Snapchat

Ezra Shaw/Getty Images
1 Comment

Richard Jefferson announced his retirement after the Cavaliers won the 2016 championship, changed his mind, re-signed with Cleveland then played another season there. He played big playoff minutes for the Cavs both years.

But they traded him to the Hawks (who waived him, allowing him to sign with the Nuggets) in a rather abrupt end to his Cleveland tenure.

His exit could have been far more strained.

Dave McMenamin of ESPN:

Then he was nearly traded the summer after the championship because he revealed what the Cavs’ rings looked like on his Snapchat account before the team was ready to release them to the public. Then-GM David Griffin was so ticked that he was ready to ship him out of town, sources told ESPN, before eventually calming down and accepting Jefferson’s apology.

Talk about some petty nonsense. And Griffin was known for soothing tension!

Thankfully for Jefferson – at least if he wanted to stay in Cleveland – he revealed the ring design in September. As a newly signed player, he couldn’t be traded until Dec. 15. That gave Griffin time to cool down.

Carmelo Anthony: Phil Jackson was willing “to trade me for a bag of chips”

Getty Images
5 Comments

Carmelo Anthony wanted to be traded to the Houston Rockets. Badly. (Whether that was good for Houston is a different discussion.) His time in New York was over by mutual consent, but now was time to move on, however, thanks to a no-trade clause Phil Jackson gave him, Anthony had leverage. And he wanted to be a Rocket with James Harden and Chris Paul.

It looked at one point like a deal would get done between New York and Houston, then it fell apart. So what happened?

Phil Jackson was booted, that’s what happened, Anthony told Marc Stein the New York Times.

The delay to find a workable trade, in Anthony’s view, stemmed from the fact that Jackson was willing “to trade me for a bag of chips,” while Scott Perry, who became the Knicks’ new general manager after Jackson’s departure, took a harder line in trade talks with Houston and Cleveland that eventually fizzled.

“They went from asking for peanuts to asking for steak,” Anthony said with a laugh.

‘Melo can laugh, he landed in a good spot with Oklahoma City. He’s on a potential contender.

As for his feelings on Jackson and leaving the organization? Still some hard feelings there.

“There was no support from the organization,” he said. “When you feel like you’re on your own and then on top of that you feel like you’re being pushed out …”