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Wizards face financial check on their commitment, don’t blink

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NBCSports.com’s Dan Feldman is grading every team’s offseason based on where the team stands now relative to its position entering the offseason. A ‘C’ means a team is in similar standing, with notches up or down from there.

There’s a simple plan for getting good in the NBA:

1. Be bad

2. Spend

The Wizards executed step two this summer.

More quietly and less deliberately, Washington achieved the result Sam Hinkie’s Process aimed for. Between 2009 and 2013, the Wizards lost their way into picks Nos. 5, 1, 6, 3 and 3.

They didn’t always get it right. They traded the No. 5 pick in 2009 for Mike Miller and Randy Foye, who each spent one forgettable season in Washington before departing. They drafted Jan Vesely No. 6 in 2011.

But those failures only ensured Washington would get more bites at the apple with high draft picks. The Wizards emerged from their downturn with John Wall, Bradley Beal and Otto Porter.

That trio led Washington to its best season best season (49-33, reaching Game 7 of the second round) in nearly four decades. Now, the Wizards are covering the costs of continuing the run.

After signing Beal to a max contract last summer, Washington matched a max offer sheet for Porter (from the Nets) and inked Wall to a super-max extension this summer. Those three are guaranteed a whopping $418,157,188. The Wizards are on track to pay the luxury tax for the first time in franchise history.

And the spending didn’t end at just their top players.

Washington also traded the No. 52 pick for Tim Frazier, who’s cheap for a backup point guard at $2 million but costlier than the second-round pick would have been. Though we’ve said it about others before, Frazier could shore up those minutes behind Wall.

The Wizards spent a portion of the mid-level exception to give Jodie Meeks a two-year, $6,744,500 contract with a player option. I didn’t love that deal nearly as much. The 30-year-old Meeks has missed 147 games the last three years. But, if healthy, the sharpshooter should help.

More importantly, signing Meeks rather than a minimum player signals Wizards owner Ted Leonsis’ commitment to winning.

The spending hit its limit when Washington restricted free agent Bojan Bogdanovic got $12 million guaranteed in a two-year, $21 million deal with the Pacers. Still, the Wizards are headed toward a payroll unprecedented for them.

They aren’t guaranteed to pay the luxury tax, which is assessed the last day of the regular season. They could try some funny business to dodge the tax, like dumping Jason Smith and not carrying a full roster throughout the season. Daniel Ochefu and Sheldon Mac are guaranteed just $50,000.

But Washington’s most direct path under the tax line is trading Marcin Gortat or Ian Mahinmi. The well-paid centers are redundant, to the point Gortat indicated an expectation he’d be traded. Smith can easily serve as the full-time backup center, and Markieff Morris can also play the position. Porter slides to power forward in some of the team’s most effective lineups.

Gortat and Mahinmi probably hold negative trade value, though. The 33-year-old Gortat has declined the last few years and is still owed $26,347,827 over the final two years of his contract. Mahinmi, 30, missed 51 games last season. His injury risk is considerable for someone with three years and $48,055,846 left on his deal.

If the Wizards knew which center they could rely on, they might bear the significant cost of unloading the other. But they can’t know. Gortat and Mahinmi are insurance for each other.

The worst thing Washington could do is trade the wrong one and wind up with no effective centers when it matters most – which is a far more favorable dilemma than what the Wizards could’ve faced. They could’ve used being strapped with Gortat and Mahinmi as reason for letting Porter – a young player who’s awesome in his role – walk.

Instead, they head toward the season with all three – stronger on the court because of it.

Washington has changed how the franchise is discussed, winning three playoff series in the last four years and going .500 the other season. Wall (26), Beal (24) and Porter (24) are young enough to keep advancing the conversation.

The Wizards dipped their toes into the Paul George waters this summer. Though they didn’t get him, they emerged unscathed and looking a little more credible for stars.

Washington probably won’t have cap room any time soon, but flexibility is inherent in winning, which lifts players’ values. A lengthened run – fortified by this summer’s spending – could also pay off years from now.

The roster didn’t change much, but keeping that chemistry proved costly. Credit Leonsis for committing.

Offseason grade: B-

Report: Nets signing Taurean Prince to two-year, $29M extension

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The Nets traded two first-round picks to the Hawks to clear double-max(-ish) cap space for Kevin Durant and Kyrie Irving.

And get Taurean Prince.

Prince was an afterthought in his trade to Brooklyn, which signaled the Nets’ big summer. But Brooklyn acquired him for a reason and will pay to secure him longer.

Adrian Wojnarowski of ESPN:

Considering this information came from his agent, this is almost certainly the most favorable framing of terms. Maybe Prince got all $29 million guaranteed. But if there are any incentives, I bet that $29 million counts them as achieved.

The Nets are trying to build a championship contender. This deal gives them multiple avenues for uisng Prince.

His contract could help for salary-matching in a bigger trade. I can’t recall the rookie-scale extension so short, if there ever was one. Two years are not an especially long commitment. That hints at using this deal as a trade chip. So does Brooklyn extending Prince before he played a regular-season game there.

Of course, Prince has a track record from Atlanta. He’s a good outside shooter with the frame to defend well when engaged. Maybe the Nets really believe in his long-term potential. He fell out of favor with the Hawks only after they changed general managers.

The Nets needn’t decide on Prince’s long-term future now. They have paid for team control for the next three seasons (including this season, the final year of his rookie-scale contract). They can monitor how he plays – and what trades become available.

Pacers, Domantas Sabonis reportedly agree to four-year, $77 million extension

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Indiana is going all-in on the idea of Domantas Sabonis playing the four next to Myles Turner at the five this season. The Pacers have put up the money, now we’re going to see if it can actually work.

After initial struggles to find common ground on a contract extension — leading to reports of the Pacers testing the trade waters for Sabonis — the two sides have come to terms on a four-year contract extension, a story broken by Adrian Wojnarowski of ESPN.

The exact figures here are still in flux.

How likely those bonuses are remains to be seen.

This is a pretty fair contract number, a little more than $19 million a year average for the man who came in second in the Sixth Man of the Year voting last season seems about right. Plus, if it doesn’t work out with Sabonis starting next to Turner, this is a very tradable contract and there would be interest in his services (he was harder to trade at his $3.5 million current salary and get anything of value to match that smaller number).

The Pacers hope it doesn’t come to that and Sabonis becomes part of one of the better, younger frontcourts in the league.

Sabonis is skilled and versatile on offense, a fantastic pick-and-roll or dribble hand-off guy who sets good screens then he rolls into open space. He’s strong around the basket and plays a crafty, high IQ game.

The concerns with Sabonis, and why some teams are not convinced he’s a starter, are twofold. First, he is not good defensively and is not a rim protector.

The second concern is that he does not space the floor (76.4 percent of his shots came within 10 feet of the basket last season, and he doesn’t make many beyond that range).

Indiana is betting on this core. They have inked big contracts with Turner (four-years, $72 million) and Malcolm Brogdon (four years, $85 million). Victor Oladipo will be coming up for an extension in a couple of years and, if he returns to pre-injury form, is a lock max player. Throw in this Sabonis contract and that is a lot of guaranteed money. Are these guys worth it?

We’ll find out soon enough, the Pacers have gone all-in with them

Report: Spurs signing Dejounte Murray to four-year, $64M extension

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In 2018, a 21-year-old Dejounte Murray became the youngest player ever to make an All-Defensive team. The following fall, he showed progress on his outside shooting and distributing. Everything was coming together for the young Spurs point guard.

Then, disaster struck.

Just before last season, Murray tore his ACL. He missed the entire year.

Yet, he’ll still get a contract extension in San Antonio.

Shams Charania of The Athletic:

Given his injury, it’d be difficult for Murray to reject this deal. It’s life-changing money. What if he lost significant athleticism or fails to hit his stride next season? That’d be a grim way to enter restricted free agency next summer.

But what if Murray picks up where he left off? This could be a major steal for the Spurs.

Given the wide range of potential outcomes, this extension seems fair. However, there’s also a reasonable chance Murray significantly underperforms or overperforms this deal. (That’s why it’s fair.)

Murray is a stout defender and elite rebounder for a guard. He can push the pace and slash to the rim. But it’s tough for lead guards who don’t shoot well from the perimeter. Murray’s playmaking for others must also improve, especially if San Antonio eventually transitions from an isolation-heavy offense around DeMar DeRozan and LaMarcus Aldridge.

Murray is just 23. It’s OK he’s not a finished product. The Spurs should know better than anyone how to feel about his progress since the injury. They probably deserve benefit of the doubt in evaluating his value.

Still, long-term fit questions linger with Derrick White. White stepped up in Murray’s absence last season, especially in the playoffs. But White is another subpar 3-point-shooting guard. Can they play together? White will be eligible for his own rookie-scale extension next offseason.

San Antonio is mainly focused on the present, and Murray and White will factor prominently this season. They’re still just supporting players for now, though.

Long term, Murray’s extension is a key step toward whatever comes next for the Spurs.

Zion Williamson out 6-8 weeks after surgery to repair torn right lateral meniscus

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Much like his absence did at Summer League, this news sucks some of the air out the excitement around the start of the NBA season.

Zion Williamson, who tore it up for New Orleans in the preseason, also tore up his right lateral meniscus and had surgery on Monday to repair it, the team announced.

The smart money is on it being closer to the eight weeks because the Pelicans are going to abundantly cautious the future of the franchise. The Pelicans had originally said Williamson had a sore knee, then said he would be out weeks but avoided serious knee issues. This could be worse but is serious enough to require surgery.

This preseason, Williamson instantly took advantage of the greater spacing in the NBA game (Duke was not loaded with great shooters last season) and found lanes to attack and dominate. Williamson scored 55 points on 71 percent shooting across two preseason games, and defenses just were not sure how to stop him.

His loss is a setback to a Pelicans team that has playoff aspirations, despite its youth.

There are still young players with a lot to prove in New Orleans — Lonzo Ball, Brandon Ingram — and some solid veterans in Jrue Holiday and J.J. Redick. But the Pelicans will just not be the same — or as much fun.

This opens up the Rookie of the Year race, at least a little bit. NBC’s own Dan Feldman and I discussed this very topic on our predictions podcast: How many games does Zion need to play, and be dominant in, to win ROY? Probably around 50 (remember Joel Embiid could not pull it off with a dominant 31 games and Malcolm Brogdon won that year). If Zion is out the full two months, meaning a return just before Christmas, then he would miss about 30 games. Putting him on the bubble for the award. Other players such as Ja Morant in Memphis, RJ Barrett in New York, or maybe even Tyler Herro in Miami or Rui Hachimura in Washington can jump into the conversation.

That conversation is just a little less entertaining without Williamson.