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Follow Live: Latest NBA trades, rumors all in one place as deadline nears

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The NBA’s trade deadline is at 3 p.m. ET on Thursday (Feb. 18), and that means a tsunami of rumors will wash over twitter. And in that maybe a few trades will happen (maybe more than a few trades, who knows?). We understand you’re a busy person with a life and a job/school to tend to and don’t have time just to sit around and follow trade rumors all day (well, unless you go to Arizona State). So we’ve compiled them all in one place, which will be updated as news breaks, and we will link to PBT’s longer stories on some of this news.

• 3:21 PM ET: There was a good one that just beat the trade deadline: The Clippers have traded Lance Stephenson to the Memphis Grizzlies for Jeff Green, a trade broken by Zach Lowe and Marc Stein of ESPN. I like this trade for the Clippers in that Green is erratic but that’s better than Stephenson, who had fallen out of Rivers’ rotation. This is an upgrade for the Clippers (does not vault them to contender, but an upgrade), but it came at a price. The Grizzlies take on the enigmatic Stephenson — who also has moments of strong play — plus they get a protected first-round pick from the Clippers (heavily protected 2019 first round pick). That’s a good haul for the Grizzlies.

• 3:10 PM ET:  We have one of those late trades — Kirk Hinrich is going from Chicago to Atlanta for a second round pick.

• 3:02 PM ET: The big names did not move: Dwight Howard is still with the Rockets, who were also unable to move Ty Lawson. Ryan Anderson is still with the Pelicans. Al Horford and Jeff Teague are still Rockets.

• 3:00 PM ET: The trade deadline has passed, although a few deals will still trickle in (they don’t get announced immediately).

• 2:44 PM ET: The Phoenix Suns have traded disgruntled power forward Markieff Morris to the Washington Wizards, reports Adrian Wojnarowski of The Vertical at Yahoo Sports. The Wizards want to get more athletic and add shooting to play better off John Wall, and good Morris does that. However disgruntled Morris is not a help, the Wizards are rolling the dice. But after a 23-28 start that has them three games out of the playoffs, they need to roll the dice. Phoenix got a good haul back: The serviceable Kris Humphries, DeJuan Blair, and a protected 2016 first round pick (protected top nine).

• 2:29 PM ET: If you’re looking for a deal that does go down in the final half-hour, keep an eye on Ben McLemore out of Sacramento. They want to make a roster upgrade and a playoff push and he is their best asset to dangle. The Bulls were in the mix among other, but Chris Haynes of the Cleveland Plain Dealer says Dallas has moved into the discussions for McLemore.

• 2:22 PM ET: We have another minor deal, the Miami Heat have traded Brian Roberts to the Portland Trail Blazers for a second round pick. Adrian Wojnarowski of The Vertical at Yahoo Sports broke the news. Why did the teams do this? For Miami, this move (combined with others earlier in the day) gets them below the luxury tax line, saving $6 million. For Portland, they had a lot of cap space, now they are up to the salary floor, and in getting there they stockpiled picks. Neil Olshey in Portland remains one of the smartest GMs out there.

• 2:18 PM ET: Things have gotten quiet on the trade front, and part of the reason is a lot of executives are on their way to Oklahoma City for the memorial for Monty Williams’ beloved wife, Ramona Shelburne notes. Which is far more important.

• 2:10 PM ET: If there was one thing I was certain would happen at the deadline, it was Toronto getting an upgrade at the power forward spot (sorry Luis Scola). Nothing yet. They are offering the Knicks’ first round pick this season (which is the worse pick of the Nuggets or Knicks) and Patrick Patterson. That’s not a bad package, but nobody’s biting, according to Ken Berger at CBSSports.com.

• 1:56 PM ET: With just more than an hour to go until the trade deadline, a lot of deals seem to be falling apart. The Knicks had talked to the Timberwolves about Kevin Martin but that deal collapsed, reports Marc Stein of ESPN. Also, Minnesota and Milwaukee resumed Ricky Rubio trade talks, but nothing has come of them, reports Stein.

• 1:51 PM ET: With Channing Frye going to Cleveland, that is one less suitor for Ryan Anderson in New Orleans. With a good chance they lose him in free agency most expected the Pelicans to deal Anderson, but he could be around through the end of the season in the Big Easy.

• 1:45 PM ET: Randy Foye to Oklahoma City is a done deal, and now we have the details. Denver will get point guard D.J. Augustin, Steve Novak and two second-round picks. The Nuggets will try to flip Novak before the deadline.

• 1:40 PM ET: As had been rumored for a while, the Atlanta Hawks have shut down talks on Jeff Teague. They are going to stand pat with Teague and Al Horford, try to re-sign Horford this summer and re-consider trading one of their key point guards during the summer.

• 12:58 PM ET: Oklahoma City may be getting some help at the two guard that they desperately need. The Thuder are in “advanced talks” with Denver for Randy Foye. That would be a solid upgrade for OKC, considering Dion Waiters and Andre Roberson get the minutes now.

• 12:55 PM ET: Looking for a little point guard depth, the Chicago Bulls are talking to the Orlando about a trade for Shabazz Napier. This would be a pretty minor deal. Adrian Wojnarowski had the news.

• 12:50 PM ET: The Cleveland Cavaliers are acquiring Channing Frye from Orlando in a three-team deal that will ultimately send long-time Cav big man Anderson Varejao to Portland. Sam Amick of the USA Today broke the story. A lot of details still to follow in this one — Portland is going to have to get a heck of a sweetener to use their free cap space on Varejao — but the details are still coming. Remember the Clippers were in the front of the line for Channing Frye, but decided today to pull out of the deal (that could mean Lance Stephenson is headed elsewhere, although the buzz is the Clippers stand pat).

• 12:30 PM ET: The deal is done — Donatas Motiejunas and Marcus Thornton are headed to Detroit, in exchange the Rockets get little used (and with back issues) Joel Anthony and a protected 2016 first round pick. Adrian Wojnarowski broke the news. I like that move for Detroit, Stan Van Gundy has had a fantastic trade deadline. The Rockets free up salary cap space — they are now $1.2 million below the hard cap they brought on themselves — and have a roster spot, plus get a pick (it is top eight protected, which makes it highly unlikely the Pistons pick does not go to the Rockets this June).

• 12:16 PM ET: The Pistons have proposed a Joel Anthony for Donatas Motiejunas trade with the Rockets, according to Marc Stein of ESPN. No way the Rockets do that straight up, so there are going to have to be other picks/players to sweeten the deal. The Pistons have coveted Motiejunas for a while, he is the kind of stretch four needed next to Andre Drummond in Stan Van Gundy’s system.

• 12:12 PM ET: A number of teams are calling the Nuggets about solid veteran guard Randy Foye, the Nuggets are listening but may not move him (unless they get an offer they genuinely like).

• 12:05 PM ET: We have a trade! Not a big one, not a thrilling one, but a trade. The Miami Heat have moved Jarnell Stokes to the New Orleans Pelicans, something first reported by Zach Lowe of ESPN. Stokes, a 6’9 power forward/center, has bounced between Memphis and Miami this season and has played a total of 18 minutes for these teams. He’s not a game-changer for the Pelicans, who also are getting $700,000 in cash in this trade. Why do the Heat do it? Because it saves them nearly $3 million in luxury tax.

• 11:50 ET: The Jazz still would like an upgrade or some depth at the point, now that they are out of the Lawson talks (see the next note below), so they are looking at other options. One of them as a fallback is Shelvin Mack, the rarely used third point guard of the Atlanta Hawks.

• 11:28 ET: The Rockets trading Ty Lawson to the Jazz deal appears to be DOA, according to Adrian Wojnarowski. The Jazz were hesitant from the start about Lawson, will look for another point guard to bring in, Trey Burke is still on the trade block. Houston is having trouble finding takers for Lawson or Dwight Howard, even at reduced prices. Also, the Rockets do not plan to buy Lawson out.

• 11:25 ET: Atlanta tested the trade market for current All-Star Al Horford and former All-Star Jeff Teague, but the asking price was ridiculously high, as percieved by other teams. The Hawks never backed off much from that asking price (particularly for Horford). Now as the deadline nears, the Hawks are telling teams no deal, they are keeping the team together. The Hawks want to re-sign Horford this summer and stand a good chance of landing him.

• 11:12 ET: And already teams are calling brand new Nets GM Sean Marks to see if he wants to move Thaddeus Young, according to Adrian Wojnarowski. Not a shock, the Raptors and a few other teams are interested in Young.

• 11:01 ET: The Kevin Love to Boston in three-way trade that includes Ryan Anderson to Cleveland idea is not totally dead yet. It may take Miracle Max to save it, the Cavs are very hesitant to move Love as they are in a win-now place and need an upgrade, not a lateral move (and Anderson is not an upgrade, there needs to be more) but the talks are not dead.

• 10:24 ET: Interesting note on the Ty Lawson to Utah rumors via the well-connected Steve Kyler of BasketballInsiders.com: When Lawson dropped the guarantee on the final year of his contract to facilitate his trade to Houston, there was a gentlemen’s agreement that the Rockets would let Lawson become a free agent regardless of how he plays. Utah is not bound by that and if Lawson plays well for them may want to keep him for that next season. Lawson would like the cash that comes with free agency. It may not change the deal, but it’s an interesting wrinkle. Basically, Utah doesn’t want Lawson unless Lawson wants to be there, and in the past Lawson has publicly slammed Utah as “boring.”

• 10:20 ET: The Brooklyn Nets have hired Sean Marks away from the San Antonio front office to be their General Manager. Yes, the guy owner Mikhail Prokhorov said he didn’t know less than 24 hours ago. The Nets had to back up the Brinks truck, but they got their man. Marks could be a fantastic GM in Brooklyn — if Prokhorov and company give him space and let him do his job. This is not going to be quick rebuild, can the Russians be patient?

• 10:07 ET: Boston wants to add a true No. 1 option to their rotation, but they are not giving up their numerous assets for rentals of free agents to be Dwight Howard or Al Horford (according to Adrian Wojnarowski). The issue with Howard is about re-signing him — who wants to pay him a max over multiple years? — and with Horford the Hawks have not backed off requests for the moon.

• 10:02 ET: The Phoenix Suns are considering trading Mirza Teletovic to the Milwaukee Bucks.

• 10:00 ET: The Suns and Toronto are still talking about a potential P.J. Tucker trade. Expect the Raptors to make some kind of move today to bring in an upgrade at the power forward spot, Luis Scola isn’t cutting it. The Suns would like the Raptors to take Markieff Morris, the Raptors have no interest in him. Phoenix continues to shop Morris.

• RUMORS, TRADES LEADING INTO DEADLINE DAY

• The Sacramento Kings have made a strong push to land Pau Gasol in a trade with Chicago (because Kings’ owner Vivek Ranadive wants to make the playoffs this year, and his constant meddling has always helped with that… oh, wait). The proposal on the table is Gasol and Tony Snell Sacramento for Kosta Koufos, Ben McLemore and a lessening of restrictions on a pick the Sixers owe the Bulls for the 2016 draft. For his part, Gasol wants to stay with the Bulls. The Kings also fired an assistant coach and close confidant of George Karl’s on Wednesday.

The Cleveland Cavaliers would like a stretch four, are talking to New Orleans about Ryan Anderson and Orlando about Channing Frye.

The Rockets and Jazz are in serious talks about a deal that would send struggling point guard Ty Lawson to Utah. Because Lawson’s contract is unguaranteed for next season, this is a low-risk gamble for the Jazz, who would send Trey Burke back as the centerpiece.

• The Bucks are not trading Greg Monroe. Michael Carter-Williams, on the other hand, still may be available (even though he’s been told he’s not being moved).

• Doc Rivers said the Clippers are not trading Blake Griffin. (At least not at the deadline, but that could be revisited this summer. The Clippers certainly listened to offers to gauge Griffin’s value in the marketplace.)

• Memphis sent Courtney Lee to the Charlotte Hornets in a three-team deal that also included the Miami Heat.

• Detroit acquired Tobias Harris in a trade that sent Brandon Jennings and Ersan Ilyasova to Orlando. I love this move long-term for the Pistons, and it is a good deal for Orlando as well if Scott Skiles has moved on from Harris.

Report: Cavaliers signing Kendrick Perkins

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Kendrick Perkins spent fewer than four months with the Cavaliers, including the 2015 playoffs. But nearly a year later after Cleveland let Perkins walk in free agency, LeBron James was still bemoaning Perkins’ absence.

Are the Cavs righting a wrong?

Joe Vardon of Cleveland.com:

Kendrick Perkins joined the Cavaliers at LeBron James’ minicamp in Santa Barbara, Calif., and will come to training camp next week, sources told cleveland.com.

The Cavs now have 18 players with standard contracts, and 15 – the regular-season limit – have guaranteed salaries. I doubt Cleveland wants to waive the two without guaranteed salaries, Kay Felder and Edy Tavares, either.

In other words, Perkins is a longshot to stick into the regular season.

Perkins was washed up when with the Cavaliers two years ago. The 32-year-old who sat out last season hasn’t produced on the court in several years. He’s tough and well-liked in the locker room, which might give him a chance of sneaking onto the regular-season roster.

But the Cavs should focus on developing toughness and chemistry among their rotation players. Perkins is just a crutch, most likely one who’ll be yanked away by cut-down day a few weeks from now.

Report: Lakers sell jersey ad for $36M-$42M over three years

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The Lakers are a financial behemoth, though that’s tied to a local-TV deal signed when they were still good.

How do current conditions value their brand?

John Lombardo and Terry Lefton of SportsBusiness Daily

The Lakers have signed a jersey patch deal with S.F.-based e-commerce company Wish. The three-year agreement, according to a source, is between $12-14M annually

That’s the second-richest known jersey-ad deal – behind only the Warriors ($20 million annually) and ahead of the Cavaliers ($10 million annually).

It clearly pays to be Los Angeles, though don’t discount the role of the Lakers’ fantastic history and intriguing future.

Rumor: Carmelo Anthony to accept trade to Trail Blazers if Knicks and Rockets don’t strike deal

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Carmelo Anthony trade talks between the Knicks and Rockets appear to be going nowhere.

Yet, Anthony’s camp is reportedly cautiously optimistic he’ll get dealt by Monday.

This might explain why.

Jason McIntyre of Fox Sports:

Damian Lillard and C.J. McCollum have recruited Anthony to Portland. The Trail Blazers have plenty of expendable players who could be aggregated to matching Anthony’s salary – Evan Turner, Maurice Harkless, Meyers Leonard, Al-Farouq Aminu and Ed Davis – plus lower-paid players to give New York value. This certainly looks plausible.

It’d make sense for Anthony to hold out as long as possible for Houston, his ideal destination. He can use his no-trade clause to force the Knicks to deal with only the Rockets.

But what if that fails?

I’m skeptical New York, Portland and Anthony all agree to a deal. There are just too many sides to please.

The Knicks will need more than just bad contracts to move Anthony, and the Trail Blazers don’t need more scoring enough to relinquish significant assets. Anthony would also have to approve, and as miserable as the Knicks have been, the New York market still matters.

Again, this is plausible, but I’m doubtful. Either way, we should know soon with training camp around the corner.

LeBron James reportedly “invested” in helping Derrick Rose get next big contract

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Reality smacked Derrick Rose across the face last summer.

Last season, the former MVP made $21.3 million in the final year of a five-year rookie contract extension, and while injuries had slowed his game he was playing better. Combine that with seeing the drunken sailor spending spree the previous summer, and he was hoping for — if not a max contract — still a healthy eight digit one. Instead, he signed a one-year deal at the veteran minimum, $2.1 million, to play for the Cavaliers.

LeBron James wants to see his man Rose get paid again, Dave McMenamin of ESPN said on The Jump.

“I’ve heard that for the first couple of days, Derrick Rose has been ‘killing it.’ I’ve also heard that LeBron is invested in Derrick Rose’s career so that he can get that next contract.”

The first part of that, the “killing it” part, you can just throw out. Maybe Rose looks great at the mini-camp LeBron is hosting for the Cavs in Santa Barbara, I hope he is, but preseason everybody is “killing it” or “has lost/gained 15 pounds and is in the best shape of his life” or “has worked hard and now has an impressive jump shot.” Rose probably does look great in Cavaliers camp against Jose Calderon, let’s see how he looks once he has to go up against real NBA players.

Rose’s next contract will be interesting. Maybe LeBron can set him up to look better this season, but it’s going to be on Rose mostly. Once healthy (whenever that is), Isaiah Thomas will be the starting point guard in Cleveland, plus as always LeBron James will have the ball in his hands a lot. (Which he should, he’s the best player on the planet.) But that means Rose needs to learn to work off the ball with LeBron more, and when LeBron (and eventually Thomas) sit, Rose needs to take over and show he can get a team buckets for a 5-7 minute stretch. Do that and he has a role that will get him some money. I’m not sold Rose can do much more than that at this point in his career.

How much money Rose will get is another issue. It’s going to be a tight market next year where only a few teams have much money to spend, and Russell Westbrook, Chris Paul, Tony Parker, Cory Joseph, and maybe Rajon Rondo (depending on how he does in New Orleans) will be higher on team’s boards than Rose.

But if LeBron is “invested” that could help Rose make a little more green next season.