The most overlooked – and maybe most significant – reason Carmelo Anthony won’t waive his no-trade clause this season

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Carmelo Anthony says he’s committed to the Knicks, says he trusts Phil Jackson, says he believes in Kristaps Porzingis.

And that might all be true.

But so is this: Anthony will get a bonus if he’s traded, and that bonus would be larger if he’s traded in 2016-17 or 2017-18 rather than this season. Anthony also has a no-trade clause, giving him final say in if and when he’s dealt.

Those circumstances – perhaps more than anything else – make it likely the star forward will remain with the Knicks this season.

Anthony’s contract contains a 15% trade kicker, which means if traded, he gets a bonus of 15% of the contract’s remaining value (including the season following his early termination option) from the Knicks. That bonus is allocated across the remaining years of his contract before the early termination option proportionate to the percentage of his salary that’s guarantee. Because Anthony’s deal is fully guaranteed, the trade bonus is allocated equally to each season.

But there’s the major catch: Anthony’s compensation – salary plus trade bonus – in the season of the trade can’t exceed his max salary as defined by years of service or 105% his previous salary, whichever is greater.

That’s why trade bonuses for max players have mattered only minimally. There just isn’t much room under the limit for their compensation to increase.

For example, Anthony has $101,606,280 remaining on his contract – 15% of which would be$15,240,942. But if Anthony is traded this year, his trade bonus would be just $2,118,963. That’s his room below the max –105% his previous salary ($23,581,321) minus his actual salary ($22,875,000) – multiplied by the number of years remaining before his early termination option (three).

And the bonus is only so high because Anthony took a smaller raise this season to give the Knicks extra cap space. If he had gotten his full 7.5% raise, as he does in other seasons, he would have already been above his applicable max. So, his trade bonus would have been $0.

But because the salary cap is skyrocketing in coming seasons due to the new national TV contracts, Anthony will be far below his max salary. That leaves room for the trade bonus to matter.

Next year, Anthony’s max projects to near $30 million while his salary will be shy of $25 million. He could accept a trade bonus of twice the difference (twice because he can allocate it over two years). That still won’t get him his full 15%, but it will come much closer than this season.

Remember, we won’t know 2016-17 max salaries until next July. If the cap comes in higher than expected, Anthony could get a higher portion of his potential trade bonus – up to the full 15% of $11,809,692.

If the cap isn’t quite high enough to get him that full amount, he could amend his contract to remove the early termination option just before the trade. That would allow him to allocate the bonus over three years rather than two, which should get him to the full 15%.

By 2017-18, the cap is projected to rise high enough that Anthony would get his full 15% if traded ($8,125,785). Obviously, though, each season Anthony plays reduces the amount of money left on his contract. In fact, the value shrinks even throughout the regular season.

Anthony has an early termination option before the 2018-19 season, so if he wants to leave the Knicks at that point and can still command so much money, he might as well terminate his contract and become a free agent.

Here is the projected trade bonus for Anthony if he’s traded before each season of his contract:

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Anthony’s bonus won’t change at any point this season. Even at the trade deadline, 15% of his contract’s remaining value will far surpass his potential bonus.

His bonus could begin to decline during the 2016-17 season, depending exactly where the cap lands and whether Anthony is willing to remove his early termination option. By 2017-18, it will matter when in the season he’s dealt.

Really, this whole conversation exposes the perverse incentive of trade bonuses. Anthony’s salary with the Knicks is set unless they renegotiate it upward (the only direction allowable, and why would they do that?), he accepts a buyout (why would he do that?) or he gets traded.

Simply, the only realistic way for Anthony to get a raise before 2018 is to get traded. And the way for him to maximize that raise to get traded in 2016-17 or 2017-18.

Of course, an NBA paycheck is not Anthony’s only concern. Playing in New York creates marketing opportunities he wouldn’t get elsewhere. He must also consider his family – his wife, La La, and son, Kiyan. Does he want to move to a new city? He also probably cares about his legacy, and many would look unfavorably on him bailing on the Knicks after forcing a trade from the Nuggets. There’s a lot to consider.

It’s also easy to see why Anthony would want to leave. The Knicks are (surprisingly patiently) rebuilding, and Anthony is on the wrong side of 30. His window could easily close before New York’s opens.

Don’t underestimate how good Anthony is now, though. Barring injury or major regression, teams will want to trade for him next summer. Remember how strongly he was courted just a year ago? The market for him will probably only expand.

LeBron James, Kevin Durant, Dwight Howard, Al Horford, Mike Conley, Hassan Whiteside and Timofey Mozgov could all be free agents next summer. Even add potential restricted free agents like Bradley Beal and Andre Drummond. That’s just nine players. More than nine teams will have max cap room. The ones that strike out on that premier group could very well choose to deal for Anthony rather than splurge on lesser free agents.

Trade bonuses create difficulties in matching salaries, but that’s much easier for teams under the cap. The odds of the Knicks finding a viable trade partner are higher with the cap shooting up. They can probably get a nice package of young players and/or draft picks to enhance rebuilding. That’s especially important, because New York must send the Raptors a first-round pick next year.

This is all hypothetical, though – assessments based on what previous players like Anthony and teams like the Knicks have desired. Anthony and/or the Knicks might buck precedent.

Perhaps, Anthony is totally loyal to the Knicks. But, if he’s not, his trade bonus dictates he should give him the benefit of the doubt this season.

He can reevaluate next summer. He’ll be a year older, and if the Knicks aren’t a year better – and even that might not be enough to get on Anthony’s timeline – he can explore a trade then. And if they have improved, he’ll surely be credited for the turnaround.

It pays to wait.

Literally.

Brooklyn Nets going gray with stylish newly redesigned court

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The Brooklyn Nets already had one of the sharpest court designs in the NBA.

However, they felt it was time for an upgrade — and they went gray.

It’s bold, not traditional, I’m curious how it looks on a broadcast, but the new look kind of works. It feels very Brooklyn.

Zach Lowe of ESPN had a story on how this all came together.

But [General Manager Sean] Marks wanted change, to put his artistic imprint on the franchise he has helped reinvent, and he had a radical idea: a gray floor meant to evoke blacktop courts, the streets of Brooklyn, and the borough’s “industrial vibe,” he says. Gray has been on the fringes of the team’s Brooklyn-era palette, including on the alternate Brooklyn Dodgers-themed uniforms they wore in past seasons.

Everything Marks and the Nets’ creative team toyed with from there centered around gray. It was a risk — an unknown. The NBA says it has never had an all-gray court, though a few teams — the New Orleans Pelicans, Denver Nuggets, Cleveland Cavaliers, Milwaukee Bucks, and others — have shaded enlarged logos and landscapes into sections of their floors…

There was no pushback. The league liked the idea right away, Marks says.

With Kyrie Irving trying to lead an intriguing young core — and Kevin Durant maybe coming back before the playoffs — the Nets are going to be a team to watch this season. We’re going to see a lot of that gray floor, we’ll see how it grows on us.

Nets reportedly not likely to sign Carmelo Anthony, who still waits for his shot

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NBA training camps open next week, and Carmelo Anthony will be… on a couch somewhere.

Actually, probably in a private gym in New York working out and staying ready for the day the phone rings. However, he will not be in an NBA gym with an NBA team.

One place he had been rumored to go was Brooklyn, where Kevin Durant and Kyrie Irving were reportedly pushing for him. That, however, is not happening, reports Shams Charania at The Athletic.

After losing Wilson Chandler to a 25-game suspension, Anthony and players such as Dante Cunningham, Lance Thomas and Luol Deng emerged as viable options to sign. There’s been a sense around the Nets that players are hopeful to bring in Anthony, but the trust belongs with the front office.

However, the Nets are very unlikely to sign Anthony as of now, league sources told The Athletic.

It appears more likely that the team will decide to sign players it has worked out over the past few weeks, such as Thomas and former Minnesota Timberwolves and Los Angeles Clippers forward CJ Williams, sources said. The Nets have two roster spots left.

Executives around the league think there is a place for Anthony in the NBA. As has been written here previously, people I’ve spoken to about him say something along the lines of “he absolutely could still play in the league, he’s just not a fit with us.” After how things ended in Oklahoma City, and then went last season in Houston, they question if he will accept and off-the-bench scoring role. Anthony has said he would, his people have pushed that he would, but people are not sold.

Anthony’s going to get his shot, and maybe still in Brooklyn. It will be somewhere. But like Dwight Howard with the Lakers this season, this is his last shot — play a role, play hard, get it right or nobody is taking a chance on him again.

 

Report: Andre Iguodala, Grizzlies reach agreement, he will not report to training camp

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Andre Iguodala was traded to Memphis in a cost-saving move during the Warriors’ wild offseason. The franchise was upfront about the possibility, Iguodala is a smart man who understands the business of the league, there are no hard feelings.

However, he doesn’t want to play for Memphis. The Grizzlies don’t just want to buy him out — unless he’s leaving a lot of money on the table, which he will not do — they want to trade him for picks or a young player coming back to help their rebuild.

That left the sides at an impasse, but they have reached an agreement that allows Iguodala to not report to training camp and instead keep working out on his own, reports Chris Herrington of the Daily Memphian.

Andre Iguodala will not attend Grizzlies’ Media Day on Monday nor report to the team’s training camp under an arrangement reached between the two sides, according to team and league sources.

Iguodala will remain on the Grizzlies roster, likely well into the season. However, the team agreed the veteran can continue private workouts at a location of his choosing while Memphis pursues trades involving the former Golden State Warrior and NBA Finals MVP.

This almost certainly drags out into December, and likely much closer to the Feb. 6 trade deadline. On Dec. 15 the players who signed contracts this summer can be traded, opening up the trade pool. By then, contending teams — or, teams that fancy themselves contenders — will have a better sense if they could use Iguodala off the bench to boost a playoff run. And if they have the players and picks to get a trade done.

Iguodala talked about his situation in Memphis with NBC Sports Bay Area’s Monte Poole over the weekend.

“We’re trying to figure out things on both sides. They’re trying to figure out some things, and I’m trying to figure out some things. As of today, we’re on the same page. Camp opens the next week. We’ll see. We’re on the same page, though.”

“At this point, the only buyout that makes sense — if I’m speaking on someone else’s behalf, thinking as an agent — is you don’t leave money on the table,” he says. “Especially in this league. Because you’ll never get it back, no matter what people say. Negotiations are a tactic, so you’ve got to be careful how you approach it, or how you verbalize what you would do going forward. But you can’t leave anything on the table.”

Iguodala is in the final year of his contract, worth $17.2 million this season, and he wants to get paid. The Grizzlies want to jumpstart their rebuild. The best option for both sides is just to wait it all out, which is what they have decided to do.

For now. Expect Iguodala rumors to start ramping up around Christmas.

Andre Iguodala tells the story of how he knew he would get traded this summer

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Andre Iguodala is a smart man, a veteran who gets the business side of basketball.

Which is why he knew he was likely getting traded this summer, especially if Kevin Durant left.

Iguodala told Monte Poole of NBC Sports Bay Area how he knew it would go down, and the inside joke he had with his wife that came true.

“But I have a sense that something is going down; Bob Myers and I are pretty cool. We have our conversations, so we’re on the same page. It was, ‘It might happen, but it might not. Most likely, it will. So, we’ll see.’

“So, I’m texting my wife, telling her I’ll probably get traded because I think it’s 100 percent sure, even though everyone else is saying, it’s only a chance. Then, once KD (Kevin Durant) left, I’m like, ‘Yeah, I’ll probably get traded. They’re probably going to do a sign-and-trade, so they can get something back, to at least get assets for him.’ No one was thinking that. But I was thinking they’ll want to get assets back because they can’t just let him go. And they’ll probably move me as well. So, she asked me where I thought I would go. I said, ‘I don’t know, I’ll probably end up in Memphis or some s–t.’

“She says, ‘For real?’ I was like, ‘Maybe. But probably not. I don’t know.’

“The next day, I got the message. It was Memphis. I fell out laughing.”

Iguodala remains a member of the Memphis Grizzlies, for now. Iguodala would like a buyout and to get to another contender, but he doesn’t want to leave a lot of money on the table because, as he told Poole, he would never get that money back. Memphis, on the other hand, would rather trade Iguodala in an effort to get a pick or player back that can help their rebuild. The Grizzlies are not going to be down with a buyout unless there are significant savings. Iguodala says that both sides are “on the same page.” We’ll see if the good vibes continue once training camps open next week.

Whatever happens, it’s going to be weird not seeing Iguodala in a Warriors uniform next season. He was the glue that helped hold the Warriors together and win three titles, seeing him in Grizzlies’ blue will just look strange and out of place.