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Wizards confident in how John Wall will develop during super-max extension

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The NBA’s new designated-veteran-player rule hasn’t exactly worked as intended.

DeMarcus Cousins, Jimmy Butler, Paul George and Kyrie Irving have all been traded before eligible to sign a designated-veteran-player contract. Though each situation is unique, teams might be leery of paying the super max well into a player’s 30s. If eligible, players would likely demand the maximum available salary, though. And, obviously, not all players are enticed by the possibility of a super-max deal, anyway.

But the Wizards signed John Wall to a designated-veteran-player extension, which projects to be worth a whopping $169 million over four years.

Chase Hughes of CSN Mid-Atlantic:

In brokering this deal, the Wizards had to project how Wall’s game will develop over the course of the next five or six years. That’s a long time, but as team president Ernie Grunfeld explained in detail, they feel very comfortable about Wall’s future.

“Thirty is still very young in the NBA nowadays. But we’ve seen John grow every single year. He’s improved every year he’s been in the league. The last four years he’s been an All-Star. This past year he was an elite-level player making the All-NBA team. He’s improved his shooting, he’s improved his knowledge of the game. The game has really slowed down for him. His first two or three years he was just up and down the floor trying to get to the basket and get layups. Now he reads the floor and he reads the situations and makes the right plays at the right times,” Grunfeld said.

There are three primary reasons a designated-veteran-player extension makes more sense for Wall and the Wizards than most cases:

1. Wall is particularly young for someone with his experience level. He was just 19 when drafted. Players can’t receive a designated-veteran-player salary until their ninth season, when many of them are already or close to declining. Wall’s extension will kick in for his 10th season, when he’ll be just 29.

2. Wall’s extension added just four years to his contract. A designated-veteran-player extension must bring a player’s contract to a total of six years. Because Wall still had two years left on his deal (not possessing a player option on his rookie-scale extension), his latest extension added just four years at the super-max salary. That’s far less risky for the team. It would have been risky for Wall to wait until next summer to sign, as he’d have to make another All-NBA team to remain eligible for the super max.

3. Washington already committed to max contracts for Otto Porter and Bradley Beal that run through the first two seasons of Wall’s extension. Ian Mahinmi is still on the books for more than $15 million during the first. Even without extending Wall, the Wizards might not have had significant cap flexibility. Better to keep their franchise player.

Will Wall be worth $47 million at age 32? Probably not. Will he be worth $44 million at age 31? I wouldn’t take that bet.

But Washington might get enough surplus value during the first two years of the extension, when Wall projects to earn $38 million and $41 million, to make it worthwhile. More importantly, players of Wall’s caliber aren’t easily attainable. Even if his salary outpaces his production, the Wizards couldn’t simply find a fair-value replacement who even nears Wall’s output. There’s simply value in having him.

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.