Knicks sign-and-trade for Raymond Felton, is Jeremy Lin on the way out?

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Things went from “easy and predictable” to completely insane Saturday night in Gotham. It had been a few days since things with the Knicks had seemed berserk, so of course, all that detonated as news broke that the Knicks’ point guard situation could be altered dramatically in a matter of hours.

Here’s a rundown of how this happened.

Late Saturday night, a television reporter in South Carolina tweeted that he had spoken with free agent point guard and former New York Knick Raymond Felton and the guard told him that he was headed to New York in a sign-and-trade and that Jeremy Lin would not have his 3-year, $25 million offer sheet from the Rockets matched by the Knicks. Chaos ensued.

Then the New York Daily News reported that the Knicks had in fact reached out to Felton to discuss a deal and sign-and-trade, giving the report from South Carolina credence.

Yahoo Sports reported the deal was close and that Jeremy Lin was “close to being a Rocket.” 

The New York Daily News reported that the deal was done, with Felton and Kurt Thomas headed from Portland to New York for Dan Gadzuric and Jared Jeffries. CBSSports.com confirmed the trade. Yahoo Sports reported that the Knicks would give Felton a 3-year, $10 million contract.

The New York Post reports that a source indicates the Knicks will not match the offer. Every other outlet is staying quiet on that matter for now, waiting on confirmation.

That’s a huge question looming for both the Knicks and the Rockets.

For the Knicks, it’s a stunning move away from both the player who set the sporting world on fire for a few weeks in late winter, a financial boomtown all by himself due to marketing potential, and from their long insistence that they would match any offer made for Lin. It was a guarantee that Lin would be a Knick, by most sources. Now it appears as if it’s very possible that the richest team in the land is being scared off by the fear of the luxury tax hitting them in three years, when the structure of a matched contract for Lin would result in $15 million owed to the point guard.

It has long been thought that the Knicks couldn’t care less about the luxury tax. This would render all of that false.

Even more complicated still is the prospect of the Knicks matching for Lin. It would mean a three-point-guard rotation, with J.R. Smith signed to the two-guard spot and Iman Shumpert expected back early next year. Where does Jason Kidd fit into that plan? Would the Knicks play Felton, Lin, or Kidd at the 2-guard spot as a reserve? What role does Felton fit in? How would Lin fit in with his relative inexperience next to Raymond Felton and Jason Kidd?

Why would they sign three point guards at that level and price?

The questions go on and on and still have to be answered.

For the Rockets, there are huge questions about how it impacts their chase of Dwight Howard and the questions remain in flux as we try and get a handle on the situation. There are indications that the deal could sink the trade for Howard, or have no impact on it whatsoever. What is clear is that if the Bulls do not match the offer sheet Houston signed Omer Asik to, there’s going to be a huge chunk reserved in terms of space, and the Rockets would be unable to trade either player until December 15th, meaning they’re running out of options to trade for Howard.

The Blazers got a second round pick and some roster filler for a point guard they weren’t going to retain. No big deal for them.

The Knicks have one of the biggest choices of their franchise in front of them, and the implications either way could be massive. Lin could be massively overpaid, having only excelled in a handful of games last season. Letting him go could be a killer with the kind of skillsets and physical conditions Felton and Kidd bring with them. This is a monstrous decision for the Knicks, and the stakes are as high as they can be.

We know Raymond Felton is back as a Knick. Everything else we’re still working on.

Rumor: Spurs won’t trade Kawhi Leonard to Western Conference team

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Kawhi Leonard reportedly wants the Spurs to trade him, ideally to the Lakers or Clippers.

Chris Sheridan of Get More Sports:

He is not going to Los Angeles…or any other destination in the Western Conference, sources are telling GetMoreSports.com.

Leonard has some leverage in that he can tell any non-L.A. team that he has no interest in signing an extension after his current deal expires in a year, and that may end up diminishing the value of offers Eastern Conference teams are willing to make.

But if you think that bothers Popovich, you don’t know Popovich. The guy would gladly take 75 cents on the dollar for Kawhi if he could ship him out of the West — even if that upsets Kawhi.

There are two choices here:

The Spurs are a well-run organization that will manage this crisis as effectively as possible.

or

The Spurs will outright refuse to trade Leonard to a Western Conference team.

It can’t be both.

If the Spurs trade Leonard, they should take the best offer they get – no matter who makes it. Teams like the Celtics and 76ers have better assets to dangle. But if the Lakers and Clippers are the only team with assurances Leonard will re-sign next summer, they could offer more, even assembling a package from a shallower pool of assets.

The Spurs shouldn’t worry where Leonard lands. But that doesn’t mean they won’t worry where Leonard lands.

Report: Celtics believe Kyrie Irving happy in Boston

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Chris Mannix reported Kyrie Irving, when he played for the Cavaliers, told teammates of his desire to play for the Knicks. In the same discussion, Mannix speculated on the Celtics’ fear of Irving leaving in 2019 unrestricted free agency. Asked about his future in Boston, Irving gave a cryptic answer.

There’s just no good way to resolve this until summer 2019. As Irving knows, a contract extension is illogical. The largest extension he could sign, beginning July 1, would be four years, $108,053,240 ($27,013,310 annually). If he waits until 2019 free agency, he could re-sign for a projected $188 million over five years (about $38 million annually) – and even more if he makes an All-NBA team next year. In that case, his max would project to be $219 million over five years (about $44 million annually).

So, the Celtics must ride this out – or trade Irving before he gets to free agency. How do they feel about his future with Boston?

Adam Himmelsbach of The Boston Globe:

A league source said Friday that the Celtics believe Irving is happy in Boston and would like to be with the team long-term, but that there are no certainties.

This is probably correct. Irving clearly wanted out of Cleveland, so him longing for a spot on the Knicks made more sense then. Overall, Irving seems happy in Boston. A noncommittal answer from someone whose brand is mysterious ideas doesn’t set off alarms.

That said, also file this under: What else are they supposed to say? The Celtics maximize Irving’s trade value if everyone believes he’s happy and not a flight risk who should be preemptively traded.

The Celtics must closely monitor Irving’s satisfaction with them. If it seems he might leave, they ought to look hard at trading him first.

But it really seems the Celtics aren’t anywhere near that point. If they are, they’ve bluffed well.

J.R. Smith’s Game 1 Finals jersey up for auction

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It was the moment that defined the 2018 NBA Finals.

The score was tied with 4.7 seconds left when George Hill missed his second of two free throws, but J.R. Smith made an impressive play to get the offensive rebound — then tried to dribble out the clock like the Cavaliers were ahead.

Now, you can own Smith’s Game 1 jersey — the one he was wearing when he made a play so thoughtless LeBron James broke his own hand punching a whiteboard in frustration over it. It’s available on the NBA auction site. The bidding goes on for three more days, until June 21.

As of Monday morning, the current bid is $3000.

A Warriors’ fan is going to buy this thing, not a Cavaliers fan. They are still trying to repress this memory.

Kevin Durant’s dad wrote him a nice letter for Father’s Day

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Kevin Durant and his father didn’t have the best relationship growing up. Wayne Pratt, father of the Golden State Warriors star, left Durant and his family when the sharpshooting Finals MVP was just one year old.

Pratt was in and out of Durant’s life, and eventually they reconciled. Now, Pratt is important part of Durant’s career and business decisions.

As several players decided to celebrate their fathers and the national day of recognition on social media, it was actually Pratt who decided to write a letter to his son. In a post on The Undefeated, Pratt spoke about how he was grateful to have Durant as a son and to have reconciled with him.

Via The Undefeated:

I regret missing out on your first day of school, your first haircut, holidays and the first day you picked up a basketball. But I thank God daily for creating the opportunity for us to reconnect. I’m so thankful for you opening your heart at such a tender time. Every parent-child relationship has its ups and downs and we are no exception. I feel fortunate that we have learned how to successfully navigate life’s mistakes. Thank you for forgiving me and allowing us to have the great relationship we have today.

Go back and read the full letter, it’s worth it. Seeing the vulnerability between two grown men living a real, complicated, and adult situation like this is humanizing. Plus, it appears to have had a positive ending for Durant and his pops.

Hope all you dads out there had a good one on Sunday.