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Dennis Smith Jr. and second chances

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The Knicks got a lot in their trade of Kristaps Porzingis. Double-max cap space next summer that could be used to sign Kevin Durant and Kyrie Irving. An unprotected future first-round pick. Another likely first-rounder.

And Dennis Smith Jr.

Smith has been treated as an afterthought in New York’s return for Porzingis. That’s somewhat understandable when the trade puts established stars like Durant and Irving in play, but don’t just forget about the 21-year-old Smith.

“I’ve been overlooked before,” Smith said. “It’s nothing new. This is familiar territory for me.

“That’s why I’ve been in grind mode. I’ve been in grind mode since I stepped foot in New York. That’s what I’m all about.”

Smith was most infamously overlooked in the 2017 draft, when he fell to No. 9. The Knicks drafted Frank Ntilikina one spot higher. LeBron James even said New York should have taken Smith.

To be fair, LeBron was feuding with then-Knicks president Phil Jackson. Jackson, in an incident that drew a lot of attention, pressured Smith into eating octopus at a pre-draft dinner meeting. Did Smith’s reluctance to try the octopus actually contribute to New York not drafting him?

“I hope not,” Smith said. “I ain’t for sure. But I hope that wasn’t the reason.”

It’s remarkable we can’t be certain of it not factoring. But that was the absurdity of Jackson’s tenure.

At least the Knicks get Smith now.

He even sometimes orders octopus for himself.

“I’ve got a little bit of money now,” Smith said.

Dallas drafted Smith, and his future there appeared promising. He scored 15.2 points per game as a rookie. Obviously, scoring isn’t everything, but it indicates a player’s stature, how much his team has entrusted him. When teams get someone young with Smith’s scoring average, they almost always build around him.

But the Mavericks acquired Luka Doncic in last year’s draft and are justly prioritizing him. Doncic is better and younger. Smith, who also fills a primary-ballhandler role, no longer fit.

Smith left Dallas averaging 14.5 points per game with the Mavericks. That’s one of the highest-scoring averages ever for someone with his original team who got traded or sold before the end of his second season:

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In Smith’s lifetime, only Michael Carter-Williams had a higher-scoring average with his original team then got traded before the end of his second season.

Smith is no longer the player I ranked No. 4 on my draft board or even the one who actually got picked in the top 10. His stock has rightfully dropped while in the league. He’s inefficient as a scorer, and he lacks complementary skills. His accuracy on 3-pointers is disappointingly low. His distributing lags well behind with his score-first approach.

But the reasons Smith looked so intriguing fewer than two years ago haven’t completely dissipated, either. He’s got nice handles and quickness, and he has the athleticism to finish above the rim. His inefficiency seems due more to shot selection than mechanics and is therefore likely an easier fix. Point guards tend to develop later.

In the meantime, Smith is losing prominence. He played in the Rising Stars Challenge last year but wasn’t invited back this year. Of the several dozen players who participated in that game as a rookie but weren’t selected as a sophomore, only three – Joe Johnson, Caron Butler and Chris Kaman – developed into All-Stars.

Smith wanted to return to All-Star Weekend this year, anyway. It’s in his native North Carolina, and his grandma is getting older. She wanted to see him there. So, after competing in last year’s dunk contest then declaring it wasn’t for him, he’ll re-enter.

“I kind of learned what it was about last year with all the extra gimmicks and things,” Smith said. “So, I have a couple myself.”

That’s where Smith wants the gimmicks to end.

Knicks fans can dream about Irving or even look to Kemba Walker as a fallback. Smith wants to earn the starting-point guard job for himself.

Right now, it has been handed to him on a barren roster. New York is tanking, biding time until its next era.

Maybe, just maybe, Smith will be an integral part of it.

“He really knows how to run a team,” Knicks coach David Fizdale said. “And we’re just getting started together, and I’m really excited for the future with him.”

Toronto police: Report of shooting at Raptors championship parade

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Update: Toronto police:

 

 

The Raptors’ championship parade was interrupted by a scary situation.

Toronto Police:

Bruce Arthur of the Toronto Star:

Especially in large crowds like this, chaos and confusion can spread quickly. Hopefully, everyone is OK.

The scene was quite strange, as speeches were interrupted while people in sections of the crowd fled:

The Raptors are continuing their speeches now.

Report: Nets not extending qualifying offer to Rondae Hollis-Jefferson

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The Nets appear to be on the verge of signing Kyrie Irving. They opened double-max cap space to pursue a second star like Kevin Durant, Tobias Harris or Jimmy Butler.

Brooklyn isn’t going to let Rondae Hollis-Jefferson foil that plan.

The Nets could make Hollis-Jefferson a restricted free agent, giving them the right to match any offer he receives. But do so, they must extend a $3,594,369 qualifying offer. That’s essentially a one-year contract offer he could accept at any time. If he did, he’d count against the cap at $3,594,369. Brooklyn doesn’t want to risk that.

Adrian Wojnarowski of ESPN:

The Nets could still re-sign Hollis-Jefferson. This just prevents him from unilaterally accepting the qualifying offer and jamming up cap space.

But this signals Brooklyn is ready to move on. Hollis-Jefferson, who become an unrestricted free agent after spending his first four years with the Nets, might also be ready.

The 24-year-old Hollis-Jefferson has settled in as an undersized power forward. He’s a switchable defender and active offensively. Playing power forward somewhat covers for his lack of shooting and ball-handling ability, but that can still be exploited.

Why timing of Anthony Davis trade matters so much for Lakers

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The Lakers will get Anthony Davis.

That’s clearly the only thing that matters to them.

Not only will they send the Pelicans a massive haul of draft picks and young players, the Lakers could lose significant cap space with the trade’s structure.

Los Angeles and New Orleans can’t complete the reported deal until the league year turns over June 30. Then, the NBA immediately goes into a moratorium in which most transactions aren’t allowed. The moratorium ends July 6. That’s when two main options emerge.

Option 1: Trade July 6

Let’s start with Davis’ trade kicker, a bonus paid to him if traded. Davis’ base salary next season is $27,093,018. His 15% trade bonus could raise his salary $4,063,953 to $31,156,971. Davis could waive all or a portion of the bonus. The Pelicans would pay the bonus, but the Lakers can also include enough cash in the trade to cover the full bonus amount.

The Lakers will send Lonzo Ball, Brandon Ingram and Josh Hart (combined salary: $17,918,965) and the No. 4 pick (which will count about $7 million against the cap) to New Orleans.

Davis’ salary will be between $27,093,018 and $31,156,971 next season, depending on his trade kicker.

Simply, the Lakers’ incoming salary in the trade will be about $2 million-$6 million higher than their outgoing salary in the trade.

That works just fine under the cap rules. The Lakers will have way more than $2 million-$6 million in cap space. As far as salary matching, teams can always trade when they end up under the cap.

So, after this deal, the Lakers would have about $24 million-$28 million in cap space.

But there’s another path that would give the Lakers even more flexibility.

Option 2: Trade July 30

On July 6, if they renounce all their free agents and waive Jemerrio Jones‘ unguaranteed salary, the Lakers project to have about $33 million cap space.

That’s about enough for a max salary for a free agent with fewer than 10 years experience – someone like Kemba Walker, Jimmy Butler, Kawhi Leonard or Kyrie Irving. Or multiple helpful role players.

The Lakers could spend all that money then trade for Davis.

Here’s how they could get Davis after reaching the cap line:

They’d sign the No. 4 pick June 30. (Signing first-round picks is one of the few moves allowed during the moratorium.) He couldn’t be traded for 30 days after being signed. Hence, the July 30 date on this trade. But his actual salary would count toward the trade. Unsigned draft picks count $0 in trades.

In this salary range, the Lakers could acquire 125% of the outgoing salary in the trade plus $100,000. Aggregating Ball, Ingram, Hart and the signed No. 4 pick would allow the Lakers to acquire about $31 million of salary. That covers Davis’ full salary and most, if not all, of his trade bonus.

But why would the Pelicans wait?

That’d mean the No. 4 pick can’t play for them in summer league. There’d also be complications flipping the No. 4 pick to another team.

It’d also tie up a portion their cap space until the trade is completed, as they’re the ones holding the more-expensive Davis through July. Most good free agents will be off the market by July 30.

New Orleans could always reach an unofficial agreement with a free agent then make the deal official after the Lakers trade. But that requires trust, and some free agents might not go for that.

There’s no upside in waiting for the Pelicans. The only question is how much downside.

What’s at stake?

A quick recap:

If the Lakers trade for Davis sooner, they’d project to have $24 million-$28 million in cap space (depending on his trade bonus).

If the Lakers trade for Davis later, they’d project to have about $33 million in cap space.

That extra $5 million-$9 million could go a long way.

What now?

It doesn’t sound as if the Lakers pressed New Orleans to wait until July 30 before accepting the trade.

Adrian Wojnarowski of ESPN:

Tania Ganguli of the Los Angeles Times:

For now, the plan is to execute the trade on July 6, right after the moratorium ends on the start of free agency — and it’s unlikely that will change.

The Lakers could always negotiate with free agents June 30-July 5 then decide. If they want the additional cap space, the Lakers could try to entice the Pelicans with extra draft picks to delay. But that’d make the trade even more costly to Los Angeles.

The alternative might be even more grim – the Lakers not finding worthy players in the first week of free agency. Los Angeles could even view that as a face-saving move to justify the timing of this trade.

But if the Lakers make this trade July 6 then claim they didn’t have good use for an extra $5 million-$9 million in cap space, they’ll only be telling on themselves.

Report: Rockets owner Tilman Fertitta has griped about Chris Paul’s contract in front of rival executives

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In 2017, Chris Paul opted in to facilitate a trade to the capped-out Rockets. By forgoing free agency and a max salary, Paul sacrificed $10,083,055 that season. With Paul and James Harden, the Rockets became a championship contender and pushed the Warriors in the 2018 Western Conference finals.

The bill came due last summer.

Houston re-signed the aging Paul to a four-year max contract worth $159,730,592. That deal always looked like it could age poorly, and Paul – now 34 – is already slowing.

Rockets owner Tilman Fertitta has noticed.

Tim MacMahon of ESPN:

Fertitta has grumbled about Paul’s contract, expressing regret to Rockets staffers and even in front of rival executives, according to league sources.

Fertitta bought the Rockets after they traded for Paul. Though the sale was completed before they re-signed Paul, it seems the contract terms were at least discussed as far back as the opt-in-and-trade.

So, Fertitta didn’t necessarily sign off on this arrangement.

But it was good for Houston! It made the Rockets the biggest threat to the Kevin Durant-supercharged Warriors to that point. Re-signing Paul helped keep Houston in title contention this year. The Rockets were limited in that pursuit by Fertitta’s spending limitations, not by locking Paul into this contract.

Yes, there’s downside to Paul’s deal. Houston is feeling it now. Paul will be difficult, though not impossible, to trade this summer.

But as much as Fertitta talks about winning, he yet again shows why that’s all bluster.