Tag: Raymond Felton

Indiana Pacers v New York Knicks - Game Five

It’s official: Knicks trade Tyson Chandler, Raymond Felton to Dallas


UPDATE 10:30 pm: And it is official, the Dallas Mavericks have confirmed the trade.

The final details are Tyson Chandler and Raymond Felton go to the Mavericks in exchange for Samuel Dalembert, Jose Calderon, Wayne Ellington, Shane Larkin and two 2014 second-round picks.

UPDATE 5:45 pm: The two sides have reached an agreement in principle on this trade, reports Adrian Wojnarowski of Yahoo Sports.

It still must be formally approved by the league office, but the deal is in place.

4:40 pm: You know Phil Jackson needed to go big to change the Knicks roster, and with that maybe persuade Carmelo Anthony to stay in New York (and other big names to come).

Well, this is big. Not sure it helps keep Anthony in town but it’s big.

The Knicks are near a deal to send Tyson Chandler back to Dallas and Raymond Felton along with him, reports Marc Stein of ESPN.

Multiple other reports called the deal “close”.

It should be noted that Chandler is one of Anthony’s better friends on the Knicks roster.

As laid out this is a trade-off on the court for New York. On one hand, while Chandler had a rough last season he is still one of the NBA’s better rim protecting big men. They will miss his presence inside. However at the point Calderon is an upgrade over Felton — the triangle needs three point shooters and Calderon does that (44.9 percent last season), plus is a low turnover guy. Calderon plays smart, but is used to having the ball in his hands more, it will be an adjustment. Felton struggled last season in just about every way, so there is some addition by subtraction there.

Plus the Knicks get Wayne Ellington and more importantly Shane Larkin, who has promise.

The Knicks also save money. Chandler and Felton make a combined $19.4 million. Dalembert is set to make $3.8 million but can be bought out for $1.8 million. Calderon, Ellington and Larkin combined make just $11.5 million.

What the Mavericks get is a real center to put next to Dirk Nowitzki — they get the rim protecting big that was there when the Mavericks won the title in 2011. They need that in the West. Felton gets the chance to turn his career around under one of the best Xs and Os coaches in the game, one who will put him good positions to succeed.

Raymond Felton will avoid jail following felony gun charges

Raymond Felton

Knicks point guard Raymond Felton was arrested in February on felony gun charges.

He played out the season pending results of the case. Now, they’re in.

Mike Mazzeo of ESPN:

It’s unclear what, if any, further punishment Felton will face from the NBA or his team.

Phil Jackson reportedly told Felton the Knicks would trade him this offseason. Felton avoiding jail time makes him more tradable, but he’s still an overpaid below-average starter on the downside of his career. It will be difficult for New York to move him.

The Knicks can still trade Carmelo Anthony – if he lets them. Maybe he should.

Carmelo Anthony, D.J. Augustin

Carmelo Anthony is not long for the New York Knicks, it seems.

The Bulls, Rockets, Mavericks and Heat are circling. Phil Jackson and Derek Fisher couldn’t persuade him to play out the final year of his contract, and though their meeting with Melo went well, I bet Melo’s meeting with other suitors will also go well.

The writing is on the wall.

At minimum, Melo wants to become a free agent, and at that point, he could leave New York in the dust. But to do that, he’d have to leave more than $33 million on the table.

Maybe the Knicks and Melo could help each other avoid those undesirable outcomes by working together to trade the star.

Players can’t be traded after a season when they’ll become free agents or might become free agents due to an option that offseason. So, Melo is currently untradable because he holds an early termination option (the functional equivalent of a player option). But he can become tradable by amending his contract to remove the option, guaranteeing his deal extends through next season.

That essentially gives him power to approve any trade.

Like where the Knicks would send him? Waive the option.

Don’t like where the Knicks would send him? Refuse to waive the option.

A trade could allow Melo to make more money and the Knicks to guarantee themselves compensation, maybe even netting them a 2014 draft pick. If they want to pursue this route, the clock is ticking. Melo must decide on his option by Monday.

What’s in it for Melo?

As soon as Melo terminates his contract, he’s committing to a salary reduction for next season. His max starting salary as a free agent is $875,003 less than his option-year salary.

That’s a relative small amount to relinquish in order to secure a long-term contract – a max of more than $129 million re-signing with the Knicks or $95 million elsewhere.

But the $875,003 matters, because if Melo were to opt in, the value of a max deal he signs next summer would be determined by his salary this season. Comparing deals signed after playing out the option year to max deals signed this summer, he’d make $11.7 million more if he re-signs or $8.7 million more if he leaves – and don’t forget about the $ 23,333,405 he’d make this season.

Of course, there’s no guarantee Melo would command a max contract next offseason.

Melo is coming off the two best seasons of his career. He’ll definitely draw max offers now.

But he’s also 30, and most players begin to decline around this age.

If Melo wants to simply terminate his contract and secure a long-term deal while he knows he can get one, I definitely wouldn’t blame him. That’s the safe route and the one he seems set to travel.

However, if he wants to leave New York, agreeing to a trade would net him an extra $68 million – as long as he still gets a max contract in 2015. It’s a risk, but the reward exists.

The best money is in re-signing with your current team, and it’s not too late for Melo to change his current team.

It might be too late for him to get the “Dwight Howard treatment,” but Melo can still cause a stir this weekend.

Melo has never been a free agent. He signed an extension with the Nuggets and another extension when traded to the Knicks.

I think Melo wants teams woo him, to line up at his door and one-by-one make their pitches. No doubt, it would be a fun experience.

The Knicks have already started the process, and they can grant teams permission to negotiate with Melo as part of a trade. Remember, trade partners must sell Melo, because he’s untradable without his consent.

And why would he give consent to a trade rather than just signing with that new team in a month?

Here’s the most Melo could earn by terminating his contract (orange) or agreeing to a trade and then signing a new contract in 2015 (blue). Both scenarios show re-signing with his current team and leaving his current team.

Path 2015 2016 2017 2018 2019 2020 Total
Waive ETO for trade, re-sign $23,333,405 $24,500,075 $26,337,581 $28,175,087 $30,012,592 $31,850,098 $164,208,838
Waive ETO for trade, leave $23,333,405 $24,500,075 $25,602,579 $26,705,082 $27,807,585   $127,948,726
Exercise ETO, re-sign $22,458,402 $24,142,782 $25,827,162 $27,511,542 $29,195,922   $129,135,810
Exercise ETO, leave $22,458,402 $23,469,030 $24,479,658 $25,490,286     $95,897,375

The most Melo could make by leaving the Knicks now is $95,897,375

But if he gets traded to a new team and re-sign there in 2015, a new max contract would be worth $140,875,433 over five years – bringing his six-year total, including this year’s option salary, to $164,208,838.

And if Melo chooses poorly on where he’s traded now and wants to leave his next team in 2015, he could still get four years and $104,615,321 on a max contract – a total of $127,948,726 with this year’s option salary.

Again, deferring a new contract for a year carries major risk. That’s offset by a small bump in guaranteed salary next season and the potential for an even larger payday as a free agent next year than he could get this year. But it is a gamble.

What’s in it for the Knicks? 

If the Knicks lose Melo, they’d like something in return.

They’ll obviously have to weigh the odds he walks as a free agent, the possibility of a sign-and-trade and and what they’re offered in a trade before June 23. But that equation is increasingly pointing to trying to trade him now.

The first step would be granting other teams permission to pitch Melo. After all, he must consent to a deal by waiving his early-termination option.

Simultaneously, New York would negotiate with potential trader partners. Unlike a sign-and-trade, which couldn’t happen until July, this type of trade could land the Knicks a first-round pick in next week’s draft. If they’re rebuilding without Melo, it would be extremely helpful to begin that process now rather than wasting a year.

Finding a workable trade will be difficult, because the team trading for Melo gets him for only one year guaranteed. That will limit New York’s return, but something is better than nothing.

Making matters more difficult is the current trade climate. 

It’s still technically the 2013-14 season through June 30, so 2013-14 salaries are used in trades. Though several teams can easily create cap space when the clock turns over to 2014-15 in July, few have space now.

Plus, because teams can’t trade players who will become free agents this summer or might become free agents due to an option, a ton of players are off the table. The Heat, with only Norris Cole and Justin Hamilton available to deal, would be completely out of the picture in these discussions.

And nearly everyone with a player option has veto power. The standard deadline for a player option or early-termination option is June 30, so as Melo must agree to a deal, so must nearly any player who holds one of those options.

Want to go to New York? Remove the option now. Don’t want to go to New York? Wait to opt in until after Melo’s early deadline.

Because of these restrictions, trades can be very difficult to cobble together. Here are a few examples of what could work:

  • Bulls: Melo for Carlos Boozer, Ronnie Brewer, Lou Amundson, No. 16 and No. 19 picks in 2014 draft
  • Rockets: Melo for Jeremy Lin, Omer Asik, No. 25 pick in 2014 draft, 2016 first-round pick
  • Mavericks: Melo and Raymond Felton for Jose Calderon, Brandan Wright, Samuel Dalembert, Wayne Ellington, Shane Larkin, Jae Crowder, 2016 first-round pick, 2018 first-round pick
  • Warriors: Melo for David Lee, Harrison Barnes, Draymond Green
  • Celtics: Melo for Jeff Green, Keith Bogans, Joel Anthony, No. 6 pick in 2014 draft

What’s in it for the trade partner?

Well, you get Melo, one of the NBA’s best scorers.

That’s not without risk, though.

If those above offers seem low, it’s because a team acquiring Melo this way would get him for only one year before he becomes a free agent. That should be a concern, but not as large as it might initially appear.

By agreeing to a trade, Melo would be signaling his interest in re-signing with his new team. Plus, his new team can offer him more money in 2015 free agency than anyone else. It would be relationship set up to succeed.

No team should trade for Melo unless it plans to re-sign him next summer, but if everything goes south quickly, his new team could always flip him before the trade deadline and cut its losses.

Will it happen?

Probably not.

There are a lot moving parts. The Knicks, another team and Melo must all satisfy each other to reach a deal – and there isn’t much time left.

But in all the Melo options being discussed, a trade is overlooked. It’s worth examining.

If, after this process, Melo wanted to stay with the Knicks, he could either terminate his contract and re-sign for $129 million or opt in and then re-sign for up to $164 million. He’s previously ruled out the second option, but that was probably at least partially based on the desire to explore his options. With his options explored in this scenario, maybe he takes his chances on staying in Ne York and earning a larger payday next year.

There’s really no risk in Melo and the Knicks pursuing a trade now. If they don’t find a suitable deal, Melo can opt out Monday as originally planned and hit the ground running in free agency come July 1.

But for the potential of an extra $68 million to Melo and a 2014 draft pick for New York, it’s probably worth the effort to try to find a deal.

Report: Knicks to target Patty Mills this summer

2014 NBA Finals - Game Five

Things that should worry the rest of the league: Next season the NBA champion San Antonio Spurs can roll out pretty much the exact same lineup that just thumped the Miami Heat in the Finals.

They have just two free agents who showed up big in the NBA Finals — Boris Diaw and Patty Mills (Matt Bonner is also a free agent, but we’re not going to call him “key”).

After the Finals, he just had including 17 points off the bench in Game 5, you can bet someone is going to target Mills… like the New York Knicks, reports the New York Post.

The Knicks will look to use their mini mid-level exception to obtain a free-agent starting point guard and one may have emerged out of the Finals massacre of Miami in Spurs backup Patty Mills….

“New York is definitely a city Mills would want to play in,’’ the source said. “He has that personality.’’

The Knicks are in the market for a new starting point guard because, well, Raymond Felton.

Although, as Derek Fisher and Phil Jackson move them toward the triangle the role of the point guard will change, it will diminish. In that system, the point guard brings the ball up (sometimes), makes an initial pass to start the offense, then is mostly a floor-spacing shooter asked to play defense. Mills could fill that role, but does he want to?

If the Knicks retain Carmelo Antony, the most they can offer Mills or any free agent is the tax-payer’s mid-level exception of just less than $3.3 million (if Carmelo Anthony opts out then signs as a free agent elsewhere, it cold free up enough cap space to offer Mills more).

The Spurs are under the salary cap and could easily match or beat any offer from the Knicks, if they wanted to. The thing is they may not want to — they are not going to break the bank for a back up point guard, if he leaves they can get another guy to fit in (the Spurs are always pulling guys off the scrap heap who then come in and blossom). It is likely both teams (and any others that may want to get in on the Mills bidding) are in the same financial ballpark.

Patty Mills needs to ask himself what he wants. He’s a key role player on the NBA champions, a team where he told PBT it took him a couple of years to be comfortable and understand that role. This is a place he likes playing, and a place where they will win a lot of games.

But if Mills wants a bigger role on a team that can give him more minutes, if he wants to be in a bigger spotlight, the Knicks are a good call.

J.R. Smith doesn’t want to come off the bench anymore

Oklahoma City Thunder v New York Knicks

J.R. Smith started a majority of his games as a rookie, but ever since – with the New Orleans/Oklahoma City Hornets, Denver Nuggets and New York Knicks – he’s been pigeonholed as an off-the-bench scorer. The role has suited him well. He won Sixth Man of the Year in 2012-13, and he’s received a vote for the award in seven seasons.

The only problem: Smith wants to start – and has for a while.

Before the 2012-13 season, Smith explained his frustrations with being labeled a bench player. That year, Mike Woodson started 15 (!) players but brought Smith off the bench in all 80 of his games.

Again before the 2013-14 season, Smith reiterated his desire to start. Woodson acquiesced a bit and started Smith 37 games of his 74 games, including a very effective stretch. But that’s still 37 games off the bench, probably more than Smith would have preferred

With Woodson out, Smith sees his opening.

The problem is Smith’s production really dipped most of this season. If Smith continues to regress at anywhere near that same rate, it won’t be a choice about balancing the rotation. He’ll no longer be worthy of starting on an average team.

The good news for Smith? The Knicks are not an average team.

They have just four guards with guaranteed contracts for next season: Raymond Felton, Pablo Prigioni, Iman Shumpert and Tim Hardaway Jr.

Felton is facing felony gun charges, and Phil Jackson might trade him. Either factor could lead to Prigioni playing more point guard rather than as a secondary ball-handler – if the 37-year-old can handle it. If Carmelo Anthony leaves, Shumpert would probably play more small forward. Hardaway is promising and might soon be better than Smith if he isn’t already, but it would be easy to build a case Smith remains the better player. (And if Hardaway is better, maybe Smith will start for the same reason he came off the bench all those years – so the rotation is balanced.)

All things considered, the path to Smith starting at shooting guard is pretty clear.

If he can stay out of his own way.

Smith got away with quite a bit under Woodson, and new Knicks coach Derek Fisher might not be so forgiving.

Fisher’s top assignment is selling Melo on the Knicks’ future, but handling a locker room full of veterans – many of whom, including Smith, are highly paid – will be another challenge. Maybe Smith begrudgingly accepts a bench role, as he did for Woodson. Maybe Smith makes Fisher’s life a little more difficult than that. With Smith, it really could go either way.

Welcome to New York, Fish. The players are already testing you.

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