Stop us if you’ve heard this one: New York closing in on Melo

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Recently we spread the word on a Yahoo! report saying Melo’s people had informed teams that the Knicks were the only team he would sign an extension with. From there, there has been more movement towards an actual trade with New York, signaling a possible shift in Denver’s so-far ice-cold approach to dealing with the Knicks.

First, Ken Berger of CBSSports.com reported Friday that Minnesota had entered into talks with the Nuggets and Knicks as a third partner. From Berger:

That team, sources say, is the Timberwolves, who are willing to absorb Eddy Curry’s $11.3 million expiring contract in a three-team scenario that would send Anthony Randolph to Minnesota and Anthony to New York. In this scenario, which one executive involved deemed “unlikely,” the Wolves would simply waive Curry after the trade. Depending on the timing, Curry would likely have only five paychecks remaining for a total of $4.7 million. So taking on Curry would involve little or no cost to Minnesota; if the Wolves could negotiate a $3 million buyout covering the remainder of Curry’s salary, that tab would be fully picked up by the Knicks, who could send as much as $3 million cash to Minnesota in the trade. But Curry’s $11.3 million cap number would help make the complicated trade math work in a three-team deal. The Nuggets aren’t interested in Curry’s expiring contract, sources say, and the only other team with enough cap space to take it on without sending back equal salary is Sacramento — which has yet to be invited into any Knicks-Nuggets discussions.

via Only time will tell if Mavs have what it takes to win out West – NBA – CBSSports.com Basketball.

Then off that story, Chris Broussard advanced it by filling in some of the details of the players involved in a possible deal Saturday night:

In the proposed trade, New York would send Anthony Randolph and Eddy Curry to Minnesota and the Timberwolves would send Corey Brewer and a first-round pick to Denver. Denver would also receive Wilson Chandler from New York.The deal is not expected to happen until the middle of next week at the earliest, and one source said it could drag out until the trade deadline. Denver, which has been exchanging proposals with the Knicks for the past couple weeks, is weighing other options.

via Sources: New York Knicks, Denver Nuggets, Minnesota Timberwolves discuss Carmelo deal – ESPN New York.

Should this deal go through, it would mean an absolute coup for Donnie Walsh and the Knicks, a pretty perplexing move for Denver, and a pretty bad move for Minnesota.

The Knicks would be giving up Chandler, which is a shame given how he has played, but keeping Danilo Gallinari and offloading Eddy Curry to get Carmelo Anthony. It doesn’t solve their defensive issues nor their need for a legit center, but it’s adding an All-Star for Anthony Randolph, Wilson Chandler, and Eddy Curry. That’s a win.

The Nuggets? Going from Derrick Favors, Devin Harris, and three first-round picks to Wilson Chandler, Corey Brewer and a first-rounder in exchange for Carmelo Anthony is kind of a disaster. Masai Ujiri kept pushing for more, more more in the Nets deal, and if this is what he walks away with from his All-Star, that’s a pretty terrible way to start your tenure as GM.

For the Timberwolves? Kahn. That’s about it. Anthony Randolph alongside Darko Milicic and Michael Beasley while paying Eddy Curry money and surrendering a first-round pick. You might as well rename them the Minnesota Island of Misfit Toys.

The deal isn’t imminent and as always, these deals are likely to fall apart at any time. But all signs are pointing towards the Knicks getting their Melo cake and eating it cheaply too.

Steven Adams inks two-year, $25.2 million extension with Grizzlies

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Steven Adams signed a two-year, $25.2 million contract extension with Memphis, which will keep him tied to the team through the 2024-25 season. ESPN’s Adrian Wojanrowski broke the news on Saturday.

Adams has been crucial to the Grizzlies’ recent success. He’s coming off his first season with the team, where he averaged career-highs in rebounds (10.0) and assists (3.4). He also helped them lock up the No. 2 spot in the Western Conference and make it to the Conference Semifinals, where they lost to the eventual-champion Warriors 4-2. Despite the improved numbers, a lot of his value is from intangibles that don’t show up in the box score.

Adams spent the first seven years of his career with the Thunder before being traded to New Orleans in the four-team deal that sent Jrue Holiday to Milwaukee. Adams was moved again to Memphis in a package for Jonas Valanciunas.

Adams has found a new home with a young Grizzlies team that is looking to win a championship. The team is built around Ja Morant, Jaren Jackson Jr. and Desmond Bane, but Jackson Jr. is expected to miss time after being diagnosed with a stress fracture in his left foot. Memphis will rely on Adams more than ever to begin the season.

Watch Curry, Klay in 3-point shooting contest in Japan. Yeah, they’re good at this.

NBA Japan Games Saturday Night
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The NBA went to Japan to promote the brand, play a few games in a huge market — Japan specifically but Asia as a whole — and put on a show.

Is there a better show than Stephen Curry and Klay Thompson draining 3s? Here they are in a 3-point contest during a basketball exhibition (there were some pro dunkers) in Tokyo on Saturday.

Stephen Curry, was there any other possible outcome?

It’s preseason and they are the defending champs — they should be having fun, playing with some joy.

Thompson took part in the shooting contest but is not playing in either of the exhibition games in Japan as the Warriors ease him back into play this season. It’s a marathon of a season and the Warriors need the best version of Klay starting in April, not October.

Report: Pelicans, Nance agree to two-year, $21.6 million extension

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Larry Nance has been a stabilizing influence in New Orleans since coming over mid-season as part of the trade for CJ McCollum. Nance is a versatile player who can play the four or the five, knocks down his threes, is very strong on the glass, can be a disruptive defender in passing lanes, and fits in — and he has the veteran attitude of work this team needs.

So the Pelicans have reached an extension to keep the 29-year-old around for two years past this coming season, reports Adrian Wojnarowski of ESPN.

This is a signing that should make Pelicans fans happy. Importantly, it makes CJ McCollum happy — they are tight and this is something McCollum wanted to see. The money on this deal seems fair, about the league average for a solid rotation player.

Nance is the kind of veteran this team needs considering its young core of Zion Williamson, Brandon Ingram (just turned 25), Herb Jones, and guys like Trey Murphy III, Jose Alvarado, and others. Nance compared it to the young Lakers teams he was on, but noted that team lacked the same level of veteran leadership this Pelicans team has.

We may see more Nance at the five lineups — small ball with Zion at the four — to close games this season in New Orleans, that could be their best lineup because Nance can defend but also spaces the floor for Zion on offense. Coach Willie Green has a lot of different players and matchups to experiment with.

And now he has the stability of Nance for a few more years.

Durant tired of talking Nets dramatic offseason: ‘I didn’t miss any games’

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No team had an offseason quite like the Brooklyn Nets. First, they would not give a long-term extension to Kyrie Irving, which sent the star guard looking for a new team (but there were no offers that worked for everyone, so he opted in with Brooklyn). Then Kevin Durant asked for a trade, and to gain a little leverage reportedly threw down an ultimatum of him or the coach and GM. No trade could be found — how much the Nets wanted one is up for debate — so he is back in Brooklyn. And all that is not even getting into the return of Ben Simmons, a trade for Royce O’Neal, or anything else.

The Nets drama and how they move past it has been the talk of training camp. The only talk at training camp, it feels like.

When asked Friday if there were any inaccuracies in the reporting of the Nets summer he would like to clear up, Durant sounded weary of rehashing the summer.

The only thing that will start to move the conversation in a new direction is the Nets playing and winning games (they open the preseason Monday against the 76ers). And even those wins will have the shadow of the offseason cast over them. Durant and Irving made this bed.

Part of the fascination is the Nets remain the team hardest to predict in the league. They arguably have the most talented roster in the league and, if everything comes together just right, they can contend for a title. It’s also possible the wheels fall off early and by Christmas the Nets are looking to trade Durant again. Both things feel possible (even if reality most likely lands somewhere in the middle).

That uncertainty about the Nets’ future is the drama that will keep eyeballs on them — which also means more questions about this past offseason. Durant can choose not to answer them, but the questions aren’t going away.