Tag: New Orleans Saints

Greivis Vasquez, Jae Crowder, Vince Carter

Kings, Pelicans, Blazers agree to three-way deal involving Tyreke Evans, Robin Lopez, Greivis Vasquez


UPDATE 5:31 p.m.: The deal has been agreed upon, and now involves a third team in the Portland Trail Blazers. Tyreke Evans goes to the Pelicans, Greivis Vasquez heads to Sacramento, and Robin Lopez ends up in Portland.

Marc Stein of ESPN.com reports that Terrel Harris will also head to the Blazers, who will send two second round draft picks to the Kings.

11:59 a.m.: Tyreke Evans wants to go to New Orleans. He has told the Kings he plans to sign a four-year, $44 million offer sheet with the Pelicans come July 10.

Technically, Sacramento can match that and keep him (Evans is a restricted free agent), but they are not going to because they will let just drafted Ben McLemore be the two guard of the future.

However, what the Kings are working on is a sign-and-trade to get some talent back from New Orleans out of the deal, according to a report in the Sacramento Bee.

According to sources close to the situation, the new Kings management group instead is hoping to close Thursday on a sign-and-trade agreement involving Pelicans point guard Greivis Vasquez and backup center Robin Lopez.

The Pelicans traded for Jrue Holiday on draft night, which means they were expected to move Vasquez at some point. That would be a great fit for the Kings, Vasquez grew into a quality starting point guard last year who assisted on 44.9 percent of his team’s buckets when he was on the floor. Vasquez with Isaiah Thomas would make a good tandem at the one. Lopez is needed to match the salaries up. His size and skill set next to Anthony Davis would be missed but is not irreplaceable for New Orleans, he would likely backup DeMarcus Cousins in Sacramento.

We’ll see if this gets done. It makes some sense but the Kings don’t have a ton of leverage here because they don’t plan to match the offer, according to the same report.

Because Evans, the 2009-10 Rookie of the Year, is a restricted free agent, the Kings have the right to match any offer he receives in the open market. However, team officials reportedly believe the offer is excessive and would damage the team’s long-term salary cap flexibility.

Report: Tyreke Evans agrees to four-year, $44 million offer sheet from New Orleans

Tyreke Evans

Tyreke Evans has seen a decline in his numbers in each of the three seasons since his first, when he took home Rookie of the Year honors with the Sacramento Kings.

There were reasons for that, including nagging injuries and a revolving door at the head coaching post in Sacramento under the team’s previous ownership.

But the fact remains that Evans has underwhelmed since that rookie campaign, yet is hasn’t stopped another team from expressing interest in him as a restricted free agent with a fairly high-priced offer sheet, and one that Evans has agreed to sign.

From Sam Amick of USA Today:

Restricted free agent and former Rookie of the Year Tyreke Evans has given the New Orleans Pelicans a verbal agreement that he will sign their four-year, $44 million offer sheet, a person with knowledge of the situation told USA TODAY Sports.

The person spoke on the condition of anonymity because of the private nature of the situation. The Sacramento Kings, Evans’ former team, will now have until three days after the free agency moratorium is lifted on July 10 to decide whether to match the offer.

Evans waited on committing to New Orleans in the hopes that the Kings would express a greater interest in signing him. But that’s not how restricted free agency works.

The Kings did what they had to by extending the qualifying offer to Evans in order to retain the right to match any offers that he may receive from other teams, and were wise to wait until Evans committed to one before coming up with a figure on their own.

There has been no indication from Sacramento on whether they’ll match, but as free agents continue to be locked in around the league, they may be running low on options. The Kings had their sights on Andre Iguodala, but rescinded the large offer they had out to him once he didn’t immediately indicate that he’d be interested in playing for them.

The Kings may try to sign and trade Evans to the Pelicans, who would seem to have too many guards on the roster with Eric Gordon and Greivis Vazquez under contract, and with a draft day trade for Jrue Holiday still pending. That might be a better way to go, unless the new management in Sacramento believes another head coach and a possibly improved supporting cast in the future will make Evans into a player deserving of that high-dollar contract.

Tyreke Evans doesn’t want Kings to match Pelicans’ offer

Tyreke Evans, Tobias Harris

The Sacramento Kings had a max offer on the table for Andre Iguodala, then yanked it. Which is bad form.

However, it was a pretty clear sign that the Kings are seriously considering matching the New Orleans offer expected for Tyreke Evans of four years, $44 million.

Evans doesn’t want them to match, he wants to go to New Orleans, reports Marc Stein at ESPN.com.

Sources told ESPN.com on Wednesday that Evans, frustrated by the state of negotiations with the Sacramento Kings as a restricted free agent, is determined to leave the organization and plans to sign an offer sheet with the New Orleans Pelicans on the first allowable day….

Yet, one source close to the situation said Wednesday that Evans feels disrespected that new Kings owner Vivek Ranadive had yet to make any formal offer for him.

“They are stalling and he feels he has no choice,” the source said. “If they had shown loyalty to him earlier, he probably would have stayed there. He wasn’t trying to leave, but now he feels as though he has to.”

That sounds like a negotiation tactic, to me.

It doesn’t really matter what Evans wants, the Kings can match the offer and he has to play there. The two sides could work out a sign-and-trade, but there has been no talk of that so far.

This puts the Pelicans in the exact opposite position they were with Eric Gordon. Two summers ago it was Gordon — New Orleans’ key acquisition in the Chris Paul trade — who signed an offer sheet with the Suns and said his heart was in Phoenix now. New Orleans matched the offer, but Gordon was injured, hasn’t played all that well, and the fans there have never really forgiven him for that incident.

The shoe is now on the other webbed Pelican foot, now.

But it’s up to the Kings. They have until the 10th to make an offer to Evans and they may well still do that, then all will be good (especially Evans’ bank account).

Reports: Pelicans to offer Tyreke Evans $40 million–$44 million

Kings Hornets Basketball

Tyreke Evans, a restricted free agent, can’t sign an offer sheet until July 10.

But he can agree to terms on one, and though it wouldn’t be binding, it’s an extreme breach of protocol to renege at that point. So, Evans and teams can negotiate in good faith right now.

Once Evans signs an offer sheet, that becomes locked in as his next contract. Either the Kings match and he goes to Sacramento or they don’t and he goes to whichever team proposed the offer sheet.

He could be headed down that one-way road soon.

Sean Deveney of Sporting News:

A source told Sporting News that the Pelicans’ offer is in the range of four years and $40 million, and that New Orleans hopes to bring Evans off the bench in a Manu Ginobili-style role.

David Aldridge of NBA.com:

The gut reaction to this is the Kings wouldn’t match this offer, but don’t be so sure about that reports Sam Amick at the USA Today.

Owner Vivek Ranadive, general manager Pete D’Alessandro and coach Michael Malone are expected to take part in the meeting, and a person with knowledge of the Kings’ thinking said they are considering matching the offer if he agrees to sign it.

A four-year, $44 million contract could start with a 2013-14 salary as low as $10,304,450. That’s the only number that needs to fit under the cap, which still hasn’t been precisely set.

If the cap is set at the expected $58.5 million and the Pelicans are willing to offer Evans maximum raises, they could clear enough cap room by waiving Robin Lopez, renouncing Al-Farouq Aminu, Xavier Henry, Louis Amundson and Roger Mason and waiving one of Lance Thomas, Darius Miller, Brian Robertsor Terrel Harris.

Of course, if the Pelicans add Evans, trading Eric Gordon – a move that clear even more cap room – would make a lot of sense. The backcourt would just be getting pretty crowded.

Report: Pelicans making big offer to Tyreke Evans

Tyreke Evans, Robin Lopez

The Pelicans aren’t content adding just Jrue Holiday and Pierre Jackson to a dynamic backcourt that already included Eric Gordon and Greivis Vasquez.

They’re also ready to offer Tyreke Evans, a restricted free agent, a sizable contract. David Aldridge of NBA.com:

Using numbers from ShamSports.com, the Pelicans have $61,356,465 in salary counting against the cap, which is expected to be set at $58.5 million. But they can reduce their salary commitments to $47,121,716 by renouncing free agents Al-Farouq Aminu ($3,749,602 of additional cap space), Xavier Henry ($3,201,370), Louis Amundson ($884,293) and Roger Mason ($884,293) and waiving players with partially unguaranteed contracts Robin Lopez ($4,619,761), Lance Thomas ($884,293), Darius Miller ($788,872), Brian Roberts ( $788,872) and Terrel Harris ( $884,293). However, if the Kings drop more than four of those players from their books, a cap hold of $490,180 (equal to the minimum salary) would be subtracted from their cap space for each additional player renounced or waived.

Long story short, if the expected salary cap comes to fruition, the Pelicans could offer Evans a contract starting at $11,378,284. More than likely, that would prevent the Kings from matching and make Evans a Pelican. Even more likely, New Orleans wouldn’t offer quite that much, but that’s the amount available.

If the Pelicans sign Evans, would they use a three-guard backcourt, making Evans their nominal small forward, or would they explore a trade of Gordon? It’s always nice to add talent, but it’s not always simple to do or handle once its done.

Signing Evans to an offer sheet, which hasn’t yet happened, would merely be step one of many for New Orleans.