Tag:Trade Deadline Buzz
Posted on: February 18, 2010 11:25 am
Edited on: February 18, 2010 4:15 pm
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Trade Deadline Buzz (UPDATE)

UPDATED 4:15 p.m. ET

With Thursday's 3 p.m. ET deadline upon us, here's some of the latest buzz:

The Bobcats, determined to add an athletic big man to their front court, have agreed to acquire Tyrus Thomas in a deal with the Bulls that would send Acie Law, Flip Murray, and a future No. 1 pick to Chicago, a person with knowledge of the situation told CBSSports.com.

Charlotte beat out several other suitors -- New York, Denver, and San Antonio chief among them -- and will have the rest of the season to evaluate the soon-to-be restricted free agent and decide whether to commit to Thomas long-term. Trading Thomas spares the Bulls the embarrassment of losing one of their best players through free agency with no compensation for the second year in a row.

The Bobcats were able to circumvent discussions between the Knicks and Bulls involving a swap centered around Al Harrington. The Bulls, who already have dealt John Salmons to Milwaukee for the expiring contracts of Hakim Warrick and Joe Alexander, took another step toward freeing up cap room for a free-agent spending spree on July 1. Chicago is off the hook for Salmons' $5.8 million next season and also avoids Thomas' $6.3 million qualifying offer. If they make no further moves by the deadline, Chicago will have cleared $17 million in cap space for '10-'11 -- enough to add one max free agent to pair with All-Star point guard Derrick Rose -- without giving up any draft picks.

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UPDATE: The Wizards completed a minor deal (to you and me) but a major one (to them) right at the deadline, sending Dominic McGuire and cash to Sacramento for a 2010 second-round pick, sources said. The deal slides the Wizards comfortably under the tax line without having to negotiate a buyout with Zydrunas Ilgauskas.

The Grizzlies apparently backed off in their efforts to move O.J. Mayo or Mike Conley, having been rebuffed by rival execs who felt they were asking too much, sources say. But Memphis will receive Ronnie Brewer from the Jazz for a future pick -- a move that saves Utah tax money.

The Bobcats and Pacers discussed a potential swap involving T.J. Ford and D.J. Augustin, with other peripheral pieces involved, in a scenario that went down to the 3 p.m. ET deadline, a sources say. The Bucks dropped out of the mix for Indiana's Troy Murphy, opening the door to Indiana's long-sought plan to divest themselves of Ford. Despite serious discussions, there were no indications that the deal was consummated in time.

Another front-court option for Milwaukee could be the often-traded Drew Gooden. The Clippers are held off on arranging a buyout for Gooden in the event they could flip him for another asset or additional cap relief. But Gooden, traded from Dallas to Washington to L.A., will be seeking a buyout, sources say.

The Warriors decided to keep Monta Ellis, whom they refused to send to Memphis in a larger package that would've included Mayo -- a scenario that was broached about 10 days before the deadline but never gained any traction. The Sixers and Celtics also dropped out of the running for a major deal.

The Suns decided to stand pat with Amar'e Stoudemire, never becoming enthused about any offers they received from Cleveland or Miami. Now, Phoenix will have to deal with the Stoudemire situation all over again this summer, when Stoudemire almost certainly will exercise his early-termination option -- thus forcing the Suns' hand once and for all after two years of deadline flirtations.





  
Category: NBA
Posted on: February 17, 2010 12:50 pm
Edited on: February 18, 2010 2:31 am
 

Trade Deadline Buzz (UPDATE)

UPDATED: 2:31 a.m. ET

Here's the latest trade buzz with less than 24 hours to go before Thursday's 3 p.m. ET deadline:

The Bulls are discussions to send John Salmons to the Bucks for a package of expiring contracts -- perhaps Kurt Thomas and Francisco Elson -- in a deal that could set the table for another one: Sending Tyrus Thomas to the Knicks for a package including Al Harrington.

While the Knicks were trying to stay in the Tracy McGrady hunt, sources told CBSSports.com earlier Wednesday that New York also was hard at work on a separate scenario. There has been some hard push from within the Knicks' organization to pursue an off-again, on-again swap centered around Harrington-for-Thomas. Coach Mike D'Antoni believes Thomas would be a long-term fit for his system, and that Harrington's offensive style would hinder the team's ability to make a playoff push down the stretch this season.

"It's still in play," one person familiar with the discussions said of a possible Harrington-for-Thomas swap, which would include other pieces.

Although Elson is out until mid-March while recovering from hernia surgery, the move would accomplish two goals for the Bulls: Shedding Salmons' $5.8 million salary off the 2010-11 books and importing big-man depth to make a Thomas deal palatable for the rest of the season.

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The Grizzlies have been surprisingly active in the hours leading up to the deadline, offering O.J. Mayo to Golden State for Monta Ellis. The overture from Memphis, reported by the San Jose Mercury News , confirmed their long-held interest in the Warriors' electrifying guard. Golden State, however, rejected the offer, leaving Ellis hoping for other escape avenues from the dysfunction in the Bay Area.

The Grizzlies also have been offering point guard Mike Conley to several teams, including Portland, for expiring contracts, sources say.

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The Knicks, one of the most active teams heading into the deadline, agreed to send the seldom/never-used Darko Milicic to Minnesota for Brian Cardinal. The deal is cap-neutral in 2010, so doesn't affect the Knicks' ongoing talks on the McGrady front. Cardinal is expected to be released, which will produce significant tax savings for New York.

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The Celtics and Knicks were progressing Wednesday on a trade that would liberate Nate Robinson from New York for a package including Eddie House, sources confirmed to CBSSports.com.

While one source indicated that parameters of a deal have been agreed upon, there was no word from those directly involved in the process that it was on the verge of completion. A complicating factor is Robinson's status as a base-year compensation player, meaning the Knicks can only take back about half of his $4 million salary in the deal. Sources have speculated that a third team would be the best way to resolve that issue. There is motivation on both sides to complete the deal, as the Knicks want House's deep-shooting ability and Celtics need a spark off the bench. Robinson, the recently crowned three-time slam dunk champion, has a no-trade clause but would accept a trade to the Celtics or a second team that had been in talks with the Knicks -- the Lakers.

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Amar'e Stoudemire's agent, Happy Walters, told the Associated Press on Wednesday that he expects his client to be dealt and that Stoudemire believes Wednesday night's game would be his last with the Suns.

With the Cavaliers agreeing to acquire Antawn Jamison from Washington, the Heat became the most likely suitor for Stoudemire -- if the Suns decide to deal him. Depending on what Miami would give up -- according to sources, the package includes Michael Beasley and a first-round pick -- they'd have about $25 million in cap space excluding the $17.7 million cap hold associated with Stoudemire's player option for '10-'11. Translation: Miami could re-sign Wade and Stoudemire, plus afford an $8 million free agent or use the space in a sign-and-trade. If Miami made another trade, they could afford a more expensive third player. 

Sources say Phoenix officials weren't bowled over by either Cleveland's or Miami's offer, and thus were telling some rival executives that keeping Stoudemire remained an option Wednesday. But there are compelling reasons to trade him, starting with a nearly $10 million swing in luxury tax payments the Suns would experience. The clincher, according to a source, is expected to be the uncertainty presented by Stoudemire's early termination option. The Sixers, who had previous discussions with the Suns about Stoudemire, are no longer involved, sources say.






Category: NBA
Posted on: February 15, 2010 4:54 pm
Edited on: February 17, 2010 12:05 am
 

Trade Deadline Buzz (UPDATE)

UPDATED 12:06 a.m.

After acquiring Marcus Camby from the Clippers for Steve Blake, Travis Outlaw and cash, the Trail Blazers may just be getting started. A person familiar with the team's thinking told CBSSports.com that Portland remains active in trade discussions and has targeted Tyrus Thomas in a secretive bid to acquire a second frontcourt player for the stretch run.

The Blazers have kept in close contact with Bulls officials regarding Thomas, and the acquisition of Camby has not dampened their interest, a source said. They may need a third team to facilitate a deal since they sent their two most significant expiring contracts to the Clippers for Camby.

Adding a second big man would not only numerically atone for the loss of Greg Oden and Joel Pryzbilla, it would also give the Blazers the best of both worlds with those acquisitions. Camby will help them this season, but his $7.7 million expiring contract wouldn't cloud their future plans. With Thomas, who will be a restricted free agent this summer, the Blazers could take a look at him for the rest of the season and decide whether they want to tender him the $6.3 million offer sheet or let him walk. 

The Knicks and Spurs also are engaged in discussions about Thomas, who has been mentioned as part of the Bulls' package in an attempt to circumvent the Knicks' offer for Tracy McGrady. The Nuggets are still pursuing Thomas, but sources say they're not optimistic they'll be willing to pay the price to get a deal done.

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While LeBron James is sold on Amar'e Stoudemire as the piece he needs to win a championship, the same feelings may not exist in the Cleveland front office. That, according to a person who has been in touch with the parties, could be what's keeping GM Danny Ferry from moving more quickly on a deal.

According to the source, LeBron sees Stoudemire's ability as a no-brainer of a complement to his own abilities, but there are concerns on Ferry's and coach Mike Brown's part about breaking up the chemistry of a team that has been on a roll and begins the post-All-Star break push with the best record in the league.

"The chemistry of that team is really firing on all cylinders right now, and they're looking for someone to seamlessly fit that team chemistry," the person said. "And that’s not Amar'e, and Amar'e doesn't defend. That’s why they haven’t pulled triigger yet."

The Suns, hamstrung by uncertainty over whether Stoudemire will exercise his early termination option after the season, are weighing whether to take a chance on retaining him or securing assets they can build with in his absence. When Suns owner Robert Sarver told CBSSports.com Sunday night, “It’s definitely an important decision,” he wasn’t kidding. Depending on how the final deal takes shape, trading Stoudemire could save the Suns as much as $10 million in tax money this season.

While Miami, and to a lesser extent Philadelphia, still had viable offers on the table for Stoudemire early Tuesday, a union of Stoudemire, James, and Shaquille O'Neal in Cleveland was realistic enough for Stoudemire to issue a Twitter smackdown Monday to those asserting that Stoudemire and Shaq didn't mesh in Phoenix.

"I play very well w/Shaq," Amar'e wrote via his Twitter account. "I averaged more pts last year WITH him & played better D. You guys can stop saying we don't play well together."

But given that the Suns are telling rival executives that retaining Stoudemire remains on the table as an option, Cleveland has maintained contact with the Wizards amid strong indications that Washington is now committed to moving Antawn Jamison for a package that will yield not only financial flexibility, but also a young asset. Jamison's mid-range game and his personality are viewed by some as a better fit for the Cavs, but his age (33) and contract ($28.4 million over the next two seasons) make it less likely Cleveland would include J.J. Hickson in such a deal.

Sources say chances remain strong that the Cavs land either Jamison or Stoudemire by Thursday as they try to add one more piece to fortify James for a championship run. Speaking after the All-Star Game Sunday night, Stoudemire fondly recalled having played with James on the 2004 Olympic team, and the possibility of a reunion with James and O'Neal -- Stoudemire's former teammate in Phoenix -- dominated the All-Star story lines.

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Troy Murphy remains low on the Cavs' list of priorities as Cleveland intends to examine all avenues with Stoudemire and Jamison before it proceeds with Indiana. The Bucks also are among the teams expressing interest in Murphy, whom the Pacers are open to trading. Milwaukee also is a possible landing spot for Drew Gooden, who did not practice with the Wizards Tuesday while tending to "personal business." Among that business, sources say, is attempting to negotiate a buyout with Washington.

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What sweetened the Camby deal for the Clippers is something that owner Donald Sterling watches very closely: cash, about $3 million of it. Otherwise, why would a team trade its best defensive player -- on an expiring contract, no less -- for two backups? Blake ($4.9 million) and Outlaw ($4 million) also come off the books July 1, so it's a cap-neutral deal for both teams.
Category: NBA
 
 
 
 
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