Report: Charlotte Hornets to sign Lance Stephenson to three-year contract

120 Comments

UPDATE 11:11 am: Lance Stephenson’s representative Alberto Ebanks released this statement to the Indy Star about the decision, which makes it seem it was less about the money and more about the years.

“Lance is forever grateful for all the love he’s received from Pacers fans. He is especially grateful to his teammates, Frank Vogel, Herb Simon. the Pacers management and, most of all, Larry Bird. While we tried our best to come to the best possible terms for both sides there was not sufficient flexibility in the terms of the contract, particularly the length of the contract. Reports throughout the negotiation process with Indiana have often strayed from the truth but suffice it to say that it was less about the money. Lance will miss the city, the team and the mentor who helped transform him into the dynamic player he has become. He looks forward to making a strong contribution and beginning a new chapter with the Charlotte Hornets.”

His teammates were not thrilled to hear the news they lost one of their team’s best players.

6:14 am: Michael Jordan’s team had built up a nice foundation in the East last season, but they needed to become more dynamic on offense to take the next step.

They just did that.

Or at least took a gamble on it — and if you’re in Charlotte you need to take a few gambles to bring in stars.

The Charlotte Hornets have landed the best free agent still on the market in Lance Stephenson, reaching a three-year deal with the unrestricted free agent from Indiana. Rick Bonnell of the Charlotte Observer broke the story basically in the middle of the night (early Wednesday morning, to be specific).

Other reports say this works out to three years, $27 million total (if the team picks up that third year). That is more per year than the five-year, $44 million offer Larry Bird and the Indiana Pacers threw at Stephenson. For Stephenson this new deal lacks the security or guaranteed money of the Indiana offer, but he had felt insulted by what he thought was a low-ball offer from the Pacers and was looking for someone else to step up. He found it. Sort of.

For Charlotte, they limit their exposure to the talented but immature Stephenson by keeping this a two-year deal if they don’t pick up the option.

This is a great fit on the court for the Hornets, who count on Kemba Walker at the point to create offense and Al Jefferson in the paint to put up numbers. Stephenson both brings another shot creator and a good defender to a team that made the playoffs last season based on its defense.

Stephenson averaged 13.8 points, 7.2 rebounds and 4.6 assists a game last season and when on can both can create shots for himself and others with his attacking, aggressive style. He doesn’t tend to do it efficiently all the time and that aggressive style can turn wild and reckless. Then there’s also the guy that blows in LeBron James’ ear.

If he matures on the court, this could be the steal of free agency. If not, the Hornets can get out of this deal early.

The Pacers, already over the salary cap, are going to have a hard time replacing Stephenson’s shot creation. That was an at times stagnant offense that just got much more so. Larry Bird has some real work to do now.

Jazz reportedly extend contract of coach Quin Snyder, locking him down well into future

Jonathan Bachman/Getty Images
Leave a comment

Quin Snyder has evolved into one of the best coaches in the NBA (and my pick to win Coach of the Year this season). He’s built a development program and system in Utah that has turned Rudy Gobert into a two-time Defensive Player of the Year, Donovan Mitchell into the face of a franchise, and Joe Ingles into a guy other teams covet. His players like and respect Snyder, and he has worked well with the front office of Dennis Lindsey and Justin Zanik.

So the Jazz are locking him up with a contract extension beyond the two seasons remaining on his deal. Adrian Wojnarowski of ESPN broke the news.

Utah Jazz coach Quin Snyder has agreed to a long-term contract extension, league sources tell ESPN. Snyder had two years left on his deal, and a new contract extends multiple years beyond that term, sources said.

After upgrading the team’s talent base over the summer, locking Snyder into an extension had been a top organizational priority.

Jazz fans should be ecstatic about this.

Snyder has built a system team in Utah, one that moves the ball beautifully on offense, and that has been tough to defend in the regular season, with the Jazz winning 50 games last season. Utah has made it to the second round of the playoffs the past two seasons, but when the level of play made that leap a lot of the system gets taken away by good defenses, and the Utah offense became Donovan Mitchell against the world. It didn’t work, Mitchell (still just 22) wasn’t fully ready and there was not enough shooting around him.

This past summer, the Jazz added Mike Conley at point guard and Bojan Bogdanovic on the wing, two excellent shooters who also can create off the dribble. Expectations are high in Utah.

Whatever happens, Snyder is their coach now for a long time.

Giannis Antetokounmpo says he learned from Kawhi Leonard: “He was calm”

Gregory Shamus/Getty Images
Leave a comment

Milwaukee was up 2-0 in last season’s Eastern Conference Finals on Toronto, having won those games by an average of 15 points. Giannis Antetokounmpo had scored 54 points, pulled down 31 rebounds, dished out 11 assists, and was looking every bit the MVP.

Then the games shifted to Toronto, Kawhi Leonard took over — including guarding Antetokounmpo more — and the Raptors rattled off four straight wins to take the series on their way to the NBA title. The Greek Freak still averaged 20.4 points a night in those final four games, but the buckets were much harder to come by.

Milwaukee returns this season as the Eastern Conference favorites and legit title contenders, in part because of what they learned from that loss. Antetokounmpo told Vincent Goodwill of Yahoo Sports he learned a lot directly from Leonard in that series.

“I learned a lot from him,” Antetokounmpo said. “He knocked down free throws. He was calm. When double-teams came, he was swinging the ball but getting it right back. He was aggressive. He was calm but he was on a mission.”

Leonard is the living embodiment of the old John Wooden axiom “be quick, don’t hurry.” He’s not rushed, he’s rarely forced into shots he doesn’t want to take or plays he doesn’t want to make.  That’s true of all champions on some level. LeBron James, Kobe Bryant, Tim Duncan all bring an inner calm.

If Antetokounmpo brings that to his game, the Bucks are one big step closer to a title.

Domantas Sabonis on trade rumors: ‘I know exactly how the Pacers feel about me now’

Gregory Shamus/Getty Images
1 Comment

The Indiana Pacers have started to explore the trade market for Domantas Sabonis. There are logical reasons for this: Sabonis is good (he was second in Sixth Man of the Year voting last season), yet he and the Pacers are nowhere near agreement on a contract extension, and the Pacers already paid big money for Myles Turner to be their center, how much do they want to pay Sabonis, too?

That’s sound logic if you’re in the Pacers’ front office.

If you’re Sabonis, it can feel like a slap in the face to a guy who put in a lot of sweat and passion for the franchise. That’s what Sabonis sounded like in this quote, via Scott Agnes of The Athletic.

The Pacers are not talking about the report, which started with the well connected and reliable Sam Amick at The Athletic.

Pacers’ brass needs to talk about this with Sabonis (and likely already have, behind closed doors). If the Pacers trade him, it’s likely not until after Dec. 15 at the earliest (when most players signed this summer can be included in a deal) and probably closer to the February trade deadline. That’s a lot of season to play out, and Sabonis remains a vital part of the Indiana rotation.

There is likely to be a lot of interest in Sabonis on the market. However, because he’s a center (a position teams are careful not to overspend on in today’s market) and in the last year of his rookie deal — meaning he becomes a restricted free agent next summer and gets more expensive — teams are not going to overpay for him. Right now the Pacers are asking for too much and interested teams are lowballing their offers. The sides will meet in the middle.

That middle could shift if Sabonis has a rough start to the season. Both sides need him to play well and feel comfortable, whatever is going on with the business side of his contract.

Raptors, Pascal Siakam reportedly agree to four-year, $129.9 million max contract extension

Jesse D. Garrabrant/NBAE via Getty Images
2 Comments

Pascal Siakam is going to be the face of the Toronto Raptors going forward.

This was expected. Toronto was never going to let its young star slip away; the only questions were when it a contract extension got done and the price.

The answers came Saturday, with the Raptors and Siakam’s agents reaching terms on what will be a four-year, $129.9 million max extension for the reigning Most Improved Player. Adrian Wojnarowski and Zach Lowe of ESPN broke the news.

There are no player or team options, this is a straight four years.

Last season, his third in the league, Siakam made a huge leap. He averaged 16.9 points and 6.9 rebounds a game, shot 36.9 percent from three, took on a larger role as a shot creator, played impressive wing defense, and was a key part of the Raptors winning the first title in franchise history. He is at the heart of their future and a guy the Raptors wanted to keep through whatever rebuilding/retooling process comes in the next few years.

The Raptors could have played it out, and let Siakam go to restricted free agency next summer. However, in what will be a down free agent market, some team would have tried to poach the young wing — a real position of need around the league — with a max offer. The Raptors would have matched, but all that drama might have created bad blood. Maybe the Raptors overpaid a little, but they get to keep their guy and have him happy.

Siakam is the third player to get a max extension to their rookie contract this summer. Both Ben Simmons (Philadelphia) and Jamal Murray (Denver) signed five-year, $170 million max extensions. Siakam decided to take one year fewer, but also hits free agency again a little earlier.