Isaiah Whitehead

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Nets come out ahead in busy summer

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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.

Timofey Mozgov, Dwight Howard, Jeremy Lin, Kenneth Faried, Darrell Arthur, Isaiah Whitehead and Jared Dudley are real people with real thoughts, real feelings and real basketball abilities. But to Brooklyn this summer, they were mostly just contracts to be shuffled. After all their wheeling and dealing with that group, here’s where the Nets stand:

  • Draft picks (give or take): +1 first rounder, -1 second-rounder
  • 2018-19 salary: +$13,697,024
  • 2019-20 salary: -$16,720,000

That’s right: Brooklyn cleared more 2019-20 salary than it added in 2018-19 salary while still coming out ahead in draft picks. That is incredible – especially because the Nets’ cap space should go further with desirable free agents next summer than it would’ve this year.

But just because stars aren’t ready to consider Brooklyn doesn’t mean Brooklyn is ready to punt the season. The Nets, possessing their own first-rounder for the first time in five years, refuse to tank. They’ve already come too far building a culture to intentionally plummet in the standings now.

To that end, Brooklyn re-signed Joe Harris to a two-year, $16 million contract. That might be a little steep for him, but he’s a glowing example of the Nets’ player-development program, and his salary descends. This was a deal worth doing.

Brooklyn also signed Ed Davis (one year, $4,449,000 room exception), Shabazz Napier ($1,942,422 guaranteed this season with the minimum unguaranteed next season) and Treveon Graham (minimum guaranteed this season with minimum unguaranteed next season). I doubt they lift the Nets significantly, but those three are all worthy pickups. Napier and Graham, with those unguaranteed seasons, look especially valuable. Napier is just finding himself as an NBA player, and Graham has potential as a 3-and-D wing in a league starving for players like that.

The Nets also drafted Dzanan Musa No. 29 and Rodions Kurucs No. 40. There are a lot of pieces here.

The next step is evaluating which are keepers.

Brooklyn projects to have more than $61 million in cap space next summer. Some could go toward keeping D'Angelo Russell, Spencer Dinwiddie and/or Rondae Hollis-Jefferson, but that still leaves plenty to add a star or two.

The Nets endured years of pain – losing without reaping the rewards of a high draft pick. The light at the end of the tunnel is finally in sight.

Thanks to this summer, it’s brighter.

Offseason grade: B+

Denver dumps salary of Kenneth Faried, Darrell Arthur to Brooklyn in exchange for pick

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The Nuggets have wanted to get out from under the $13.7 million salary of Kenneth Faried for a while now. Years.

With one year left on his contract, the Nuggets found a taker in the Brooklyn Nets.

From Adrian Wojnarowski of ESPN.

The Denver Nuggets agreed to trade forwards Kenneth Faried and Darrell Arthur, a 2019 protected first-round pick and a 2020 second-round pick to the Brooklyn Nets, league sources told ESPN.

The Nuggets acquire guard Isaiah Whitehead in the trade, whom they’ll waive, league sources said.

The deal frees $21 million in salary that potentially saves Denver $43 million in payroll and luxury tax in 2018-19

The protection on that 2019 first-round pick is 1-12.

As noted, for Denver this is all about the cash savings — they just re-signed Nikola Jokic to a max extension and things are going to get expensive. They have a roster that should get them into the playoffs (but in a tight Western Conference they need to stay healthy) and this makes that more affordable.

For Brooklyn, they will have the cap space for two max contracts next summer, some solid young payers in the fold (Jarrett Allen, Rondae Hollis-Jefferson, maybe D'Angelo Russell), and now a couple of first round picks. New GM Sean Marks has done a great job putting this roster in a position to build going forward. Whether they can attract elite free agents remains to be seen, but they are finally out of the hole the previous regime dug. Now they have a chance.

Report: Markelle Fultz, Kyle Kuzma among NBA players who received agency money while in school

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Details are emerging in the FBI’s probe into college basketball – specifically how former NBA agent Andy Miller distributed money (through college coaches) to players, i.e., potential clients.

Pat Forde and Pete Thamel of Yahoo Sports:

An ASM balance sheet in the hands of federal investigators shows accounts through Dec. 31, 2015, with the subheading, “Loan to Players.” It listed several who were in high school or college as receiving four-figure and five-figure payments from ASM Sports. Among the largest listed loans:

  • Dennis Smith, who would go on to play at North Carolina State in 2016-17, received $43,500 according to the documents. Another document headed “Pina,” for ASM agent Stephen Pina, says Smith received a total of $73,500 in loans, and includes notes about “options to recoup the money” when Smith did not sign with ASM.
  • Isaiah Whitehead, at the time a freshman at Seton Hall, received $26,136 according to the documents. The “Pina” document says Whitehead received $37,657 and was “setting up payment plan.” Whitehead signed with ASM but later left the agency for Roc Nation.
  • Tim Quarterman, at the time a junior at LSU, received at least $16,000 according to the balance sheet.
  • Diamond Stone, at the time a freshman at Maryland, received $14,303 according to the documents.
  • A listing that refers to “BAM” for $12,000 is later identified in the documents as Edrice “Bam” Adebayo, who would go on to play at Kentucky in 2016-17. He did not sign with ASM. There’s a later reference to Adebayo that says he received $36,500. “Bad loan,” reads the document.
  • Markelle Fultz, who would go on to play at Washington and become the No. 1 pick in the 2017 draft, received $10,000 according to the documents. He did not sign with ASM.

Former Utah star Kyle Kuzma received at least $9,500 while in school, according to the documents.

Former Wichita State player Fred VanVleet. Documents show he received at least $1,000.

Apples Jones, the mother of former Kansas player Josh Jackson, received $2,700 according to documents.

Images attached to the article also show more NBA players, dating quite far back.

My simple reaction: Good for these players. They have a marketable skill, and they deserved to be compensated by the open market for it. It’s a shame the NCAA’s cartel system prevented that.

As Kevin Pelton of ESPN put so well:

Nets’ D’Angelo Russell has arthroscopy knee surgery, will miss time

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D'Angelo Russell has played well since being traded across the country and handed the keys to the Brooklyn franchise. He has averaged 20.9 points and 5.7 assists per game, been a more efficient shooter (he’s only hitting 29.7 percent from three, but he is getting to the line more than he used to, is knocking it down from the midrange, and his true shooting percentage is at 53.9, about the league average). He may not look like what teams hope for out of a former No. 2 overall pick, but he’s played well.

Now the Nets will need to get by without him for a while — what was sold as a “knee contusion” by the team has turned out to require surgery, the team announced Friday.

While there is no timetable, it likely means a month to six weeks he is out. It depends on what they found and what was done in his knee, details we don’t yet have.

The Nets are already without Jeremy Lin, who is out for the season with a ruptured patela tendon. Spencer Dinwiddie will start at the point with Russell out, and guys such as Caris LeVert and Isaiah Whitehead will need to carry more of the shot creation load.

Brooklyn is 5-9 on the season, and while not a good team they are better than many projected (and better than Sixers fans were hoping). This is undoubtedly going to be a step back for an offense already 23rd in the league.

 

Report: Clippers paid $3.2 million – second-most ever – for draft pick (Jawun Evans)

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The Warriors set a record by paying $3.5 million for a draft pick, buying the Bulls’ No. 38 pick and using it on Jordan Bell this year.

That eclipsed the $3 million spent by each the Thunder in 2010 (to the Hawks for the No. 31 pick, Tibor Pleiss) and Nets in 2016 (to move up 13 spots for Isaiah Whitehead).

So did the Clippers’ purchase of the No. 39 pick (Jawun Evans) from the 76ers this year.

Eric Pincus of Basketball Insiders:

The Clippers also paid the Bucks $2 million for the No. 48 pick (Sindarius Thornwell).

I rated Evans a low first-rounder due to his speed and drive-and-kick game, so getting him in the second round is good value. I’m not as keen on Thornwell, who’s already 22 and built so much of his success at South Carolina on being more physical than younger opponents.

But the more swings the Clippers take on young players, the more likely they are to find long-term contributors. More power to owner Steve Ballmer for greenlighting this expenditure.

Importantly, as players acquired through the draft, Evans and Thornwell will count for the luxury tax at their actual salaries. Players signed otherwise, even if their actual salaries are lower, count at at least the two-years-experience minimum.

Under the new Collective Bargaining Agreement, teams can spend $5.1 million in cash this season. That amount will increase (or decrease) in proportion with the salary cap in coming years. So, expect the previous record for draft-pick purchase price – $3 million – to fall again and again.

There’s just more leeway now for the NBA’s haves to separate themselves from the have-nots.