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

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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.

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.

Kristaps Porzingis on Knicks: “This is where I want to stay… this is where I want to win”

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There were multiple, connected reasons it was time for the Knicks to move on from the Phil Jackson era — a triangle of reasons, really — but this one should have been at the top of the list:

He was alienating Krisptaps Porzingis.

We don’t know yet if Porzingis can be a franchise NBA player, however, he shows the potential to do it. He could become a top five NBA player you can build a contender around. You endear yourselves to those kinds of players, not get into power struggles that lead to said player blowing off end-of-year meetings and being guided out the door.

With Jackson gone, Porzingis has more motivation to stay a Knick and be the guy that turns the franchise’s fortunes around. KP was running a youth hoops camp in his native Latvia and was taking questions from the children when one kid got in a question the New York media would have loved to ask: Are you going to abandon New York? Here is Porzingis’ answer, translated and obtained by the New York Post.

“I feel that it is the best place to win. And if you win in New York, you are king. For the last two years, I have had so many positive emotions here that this is where I want to stay and that this is where I want to win.”

The Knicks have their cornerstone big. Now they need a guy on the outside (Kyrie Irving will get mentioned, but he is not the only answer), they need to get and develop young players to go with their stars. It’s the next phase for the Knicks.

But if they can keep Porzingis happy, they can lock him up to a max rookie extension after next year and have that piece in place. Then it’s up to Steve Mills and Scott Perry to put the pieces around him.

Report: LeBron James won’t waive his no-trade clause

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They Cavaliers have had a frustratingly lousy offseason.

They ousted trusted general manager David Griffin. Since, they’ve watched Golden State load up while their roster stagnates, as stars like Paul George and Jimmy Butler have landed elsewhere. Now, Kyrie Irving is requesting a trade and reportedly blaming LeBron James for that leaking.

LeBron has practically thrown up his hands and left ownership and management to figure out everything.

But LeBron – with rumors swirling about him leaving in 2018 free agency – won’t take an earlier exit.

Chris Haynes of ESPN:

LeBron James will not waive his no-trade clause for any teams at any point during the 2017-18 season, league sources tell ESPN.

Cleveland essentially has two options with Irving:

1. Trade him for better, older players

2. Trade him for worse, younger players

No. 2 becomes much more palatable if the Cavs can also flip LeBron (and Kevin Love) and launch into a full rebuild. But as long as LeBron is around, it’s hard not to contend for a title.

But if they trade Irving for immediate help and LeBron leaves next summer, the Cavaliers could be left with a ghastly roster. That might be the risk they’re forced to take now.

It’s hard to believe the Cavs would trade beloved LeBron, even if he didn’t hold veto power. It would turn owner Dan Gilbert and general manager Koby Altman into Cleveland villains, co-conspirators in LeBron leaving again. If Gilbert and Altman dare LeBron to leave in free agency, LeBron would have to own the decision himself.

Still, if LeBron and Irving would return incredible hauls of younger players and draft picks – I can’t even imagine what LeBron would draw in a trade – Gilbert and Altman should at least consider it. It just doesn’t seem the Cavs will have that option.