Posted on: February 23, 2011 11:06 am
Edited on: February 23, 2011 5:49 pm
The Nets have acquired All-Star point guard Deron Williams from the Jazz for Derrick Favors, Devin Harris, two first-round picks, and cash, the teams announced Wednesday.
In a swift and astonishing comeback from their failed pursuit of Carmelo Anthony, New Jersey also will get Dan Gadzuric and Brandan Wright from Golden State for Troy Murphy, who will be bought out, sources said. Murphy is considering signing with Boston, Miami or Orlando once his buyout is complete. That separate transaction, with Golden State also getting a 2012 second-round pick from the Nets, is expected to be completed later Wednesday.
The deal, first reported by the Bergen (N.J.) Record and Yahoo! Sports, represents a major coup for Nets owner Mikhail Prokhorov, who lost out to cross-river rival New York in his pursuit of Anthony but arguably gets an even better prize for some of the pieces that were bound for Denver in a deal that was agreed to last week for Anthony. The Knicks acquired Anthony Tuesday for four players and three draft picks in a masssive, three-team, 13-player blockbuster. The Williams-to-New Jersey deal was agreed to Wednesday, hours before Anthony was set to make his debut for the Knicks at Madison Square Garden.
Williams, arguably the best point guard in the game, had grown disenchanted in Utah, where friction between he and coach Jerry Sloan resulted in the Hall of Fame coach resigning Feb. 11. CBSSports.com reported during All-Star weekend that Williams began planning his exit from Utah last summer, telling associates that if Amar'e Stoudemire wound up signing with the Knicks, Williams wanted to follow him there as a free agent in 2012.
In a chaotic environment that has changed the landscape of the NBA, the Jazz boldly got out in front of the looming soap opera with their superstar, opting to trade him for assets a year before his free agency would become a major issue. By doing so, general manager Kevin O'Connor has taken one of the marquee 2012 free agents off the market and spared his organization the kind of drama and distraction that besieged the Nuggets until Anthony finally was dealt to the Knicks.
As one rival executive noted, the Nets turned the "guts of the Melo deal" into a far superior talent and didn't have to give up as much as Denver was asking for Anthony -- or even as much as the Knicks gave up for him. But in the end, the players and draft picks surrendered on both sides of the Hudson River will be all but forgotten once Williams, Stoudemire and Anthony embark on what will be without question the most heated rivalry the New York area teams have ever had.
And with early indications that Williams is not happy with the trade, the Nets took a calculated risk -- but one that could pay enormous dividends. The Knicks got a player who wanted to join them while Williams will have to be sold. But he'll have the rest of this season and next -- barring a lockout -- to evaluate whether he'll have enough talent with him by the time the team moves to Brooklyn in 2012.
The deal saves the Jazz about $3.6 million in salary and luxury-tax payments, but does not push them under the $70.3 million tax threshold. Given the obvious decision to go in a rebuilding direction, the Jazz could be poised for other deals to clear the remaining $4.9 million they're over the tax. The Jazz get New Jersey's 2011 first-round pick and Golden State's 2012 first-rounder, which also comes from the Nets after being acquired in a previous trade.
The Jazz play in Dallas Wednesday night in the first game of the post-Williams era. New Jersey's next game is Friday night in San Antonio, where it is expected that Williams will make his Nets debut.
With star players aggressively angling for better markets and fellow stars to team up with, following the blueprint set forth first by the Celtics and Lakers and then by Miami's Big Three last summer, the Jazz snuffed out what could've been another long, painful march to free agency for Williams.
During All-Star weekend, Williams danced around the report by CBSSports.com that he hatched an escape plan to New York last summer and proclaimed that he would not be addressing his impending free agency until he made a decision. On Wednesday, about 28 hours before the trade deadline, the decision was made for him. Williams has two years left on his contract after this one, including a player option in 2012-13 -- when the Nets are scheduled to move into their new home in Brooklyn and truly ignite their rivalry with the Knicks.
In so many ways, that rivalry has been smoldering for months as the Knicks and Nets pursued Anthony. It was elevated to five-alarm status Wednesday, with Prokhorov trumping Madison Square Garden chairman James Dolan's acquisition of Anthony on the very day the Knicks' new superstar makes his home debut against the Bucks.
Williams isn't eligible for an extension until July 1 -- or whichever comes first, July 1 or the ratification of a new collective bargaining agreement. By trading him a year before he had the leverage of being able to force his way to the team of his choice -- like Anthony did with the Knicks -- the Jazz not only avoid the drama, but they also get a better deal than one they would've gotten under such duress.
The deal not only represents a short-term victory for the Nets in their battle with the Knicks over superstar talent -- it was 2-0 New York until Wednesday, with Stoudemire and Anthony on board at the Garden -- it also has wide-ranging implications in the chase for 2012 free agents. Will Williams stay in New Jersey, buy into the Brooklyn mystique, and try to topple the Knicks' star tandem of Stoudemire and Anthony by serving as a magnet for future free agents? Will he decline to sign an extension and try to force his way to the Knicks? Does his presence on the Nets virtually assure that fellow star point guard Chris Paul will make his summer wedding toast come true by joining Stoudemire and Anthony in New York in 2012? Whom does Dwight Howard team up with when his free-agent clock starts ticking? The Lakers, Knicks, or Nets?
Only this is for sure: The floodgates pushed ajar by LeBron James, Dwyane Wade and Chris Bosh last summer have blown wide open.
Posted on: February 18, 2011 3:58 am
LOS ANGELES -- Amid revived discussions between the Nuggets and Nets on a blockbuster trade that would send Carmelo Anthony to New Jersey, the tipping point remains as it has always been: Will Anthony take the ultimate deciding step and meet with Russian billionaire Mikhail Prokhorov to indicate his willingness to sign a contract extension as part of a trade?
A possible three-team deal in which the Nets would give up a staggering haul of four first-round picks to lure the three-time All Star away from his preferred choice, the Knicks, cannot move forward without the Nets' owner finally getting his chance to sell Anthony on being the centerpiece of the franchise's move to Brooklyn. However, CBSSports.com has learned that Anthony personally has not agreed to such a meeting during All-Star weekend, despite reports that his representatives have already arranged it.
The New York Daily News reported Friday that Anthony is scheduled not only to meet with Prokhorov, but also Madison Square Garden chairman James Dolan -- setting up dueling free-agent summits reminiscent of the teams' courtship of LeBron James in July.
A firm answer won't come until Friday afternoon, when Anthony will address the media as part of the scheduled All-Star interview sessions. The opportunity to meet with Prokhorov -- if, in fact, the Russian has changed his mind about ending his team's pursuit of Anthony -- represents the final step in determining whether the Nets' months-long pursuit of the All-Star can continue or not. After it became known that the Nets and Nuggets had re-engaged in talks after Prokhorov ordered GM Billy King to walk away from the negotiating table Jan. 19, Prokhorov's spokesperson, Ellen Pinchuk, told the Associated Press, "Mikhail has not changed his mind."
The latest incarnation of the New Jersey deal has the Nets sending Derrick Favors, Devin Harris and Ben Uzoh to the Nuggets along with four first-round picks for Anthony, Chauncey Billups, Shelden Williams, and Renaldo Balkman. In addition, Yahoo! Sports reported that Troy Murphy and his $12 million expiring contract would be sent to a third team, which would receive compensation in the form of one or two of the first-round picks from New Jersey.
The Nuggets, who privately have expected to someday revive the New Jersey talks since Prokhorov ended them last month, prefer this deal to anything the Knicks have been willing to offer. One person connected to the talks described the New Jersey deal as a leverage play that would force the Knicks to come to the table with their best offer for Anthony, who has long been determined to agree to a three-year, $65 million extension only with the Knicks if traded before the Feb. 24 deadline.
"It's good pressure for the Knicks," the person connected to the talks said.
The Knicks have balked at Denver's demands for Anthony, believing their best chance to build a championship team around the All-Star tandem of Anthony and Amar'e Stoudemire would be to sign Anthony as a free agent after he opts out of his $18.5 million contract for next season. Knicks president Donnie Walsh and coach Mike D'Antoni have remained steadfast in their belief that they cannot afford to gut the team to get Anthony and leave themselves without payroll flexibility to build around him -- flexibility Walsh spent the past 2 1-2 years creating after years of mismanagement at Madison Square Garden.
Indeed, Prokhorov won't be the only billionaire roaming the hotel hallways in Beverly Hills and Los Angeles Friday. Dolan's presence for league meetings and a collective bargaining session has further stoked speculation that he will overrule his basketball people and authorize a lopsided trade in the face of the Nuggets' renewed leverage with the Nets.
Anthony has delivered consistently mixed signals about his willingness to meet with Prokhorov, a necessary step in completing the trade to New Jersey. When stories broke prematurely last month that the Nuggets had given the Nets permission to speak with Anthony directly, Anthony reacted dismissively after a game in San Antonio and said, "I let the front office handle that type of stuff. ... That's not my job to do."
Days later, after Prokhorov pulled the plug, Anthony conceded, "I would've taken that meeting."
This weekend in L.A., it will be hard for this sought-after millionaire to hide from the billionaires courting him.
Posted on: January 26, 2011 11:24 am
Edited on: January 26, 2011 2:17 pm
The Carmelo Anthony trade talks have gone underground since Nets owner Mikhail Prokhorov pulled the plug on his team's pursuit of the three-time All-Star last week. But that doesn't mean they've stopped completely.
While Nuggets officials continue to weigh their options, a person familiar with the team's strategy told CBSSports.com Wednesday that there are indications Denver could be warming to the idea of trading Melo to the Knicks. One component of such a trade, the source said, would be Anthony Randolph, with Denver officials apparently coming around in their opinion about the 21-year-old big man.
Earlier in the process, Nuggets executives were not high on Randolph, viewing him as mistake-prone and too much of a project. But that was when the Nets had 2010 No. 3 pick Derrick Favors on the table as the centerpiece of a package that far exceeded what the Knicks could offer. With New Jersey out of the mix, at least for now, the Nuggets have begun to internally re-examine the Knicks' young players.
Randolph was thought to be heading to Minnesota in exchange for a first-round pick the Knicks would then be able to use to sweeten their bid for Anthony. However, those talks have stalled -- and among the reasons is the Nuggets' renewed interest in considering Randolph as at least a peripheral piece of a trade with New York. No final decisions have been made, and it appears more likely than ever that the Anthony talks will continue to evolve all the way to the Feb. 24 deadline.
Denver's dilemma is that they much preferred dealing with the Nets as opposed to the Knicks due to their affinity for Favors and New Jersey's ability to deliver the other two commodities the Nuggets want -- cost savings and lottery picks. But once Anthony balked at making a firm commitment to a meeting with Prokhorov and Nets management last week, the Knicks became the only team in the hunt for Melo that could give Denver young players in addition to cap relief. Teams like Houston (yes) and Dallas (maybe) that are positioned to acquire Anthony in a rental deal -- i.e. without a contract extension -- would only be willing to offer cap relief in such a scenario.
The Nuggets, according to sources, continue to believe that the Nets will come back to the table despite Prokhorov unequivocally ending his team's pursuit last week. This would be in the best interests of the Nuggets, who still want what New Jersey has to offer. It would be in the best interests of the Nets, who need a star to open their new Brooklyn arena in 2012, and also would aid Anthony's representatives at Creative Artists Agency, who would benefit from an expanded market for their client. Whether it would be in Anthony's best interests is an open question. Sources have long indicated Anthony's insistence on signing a contract extension via a trade only if he were sent to the Knicks, but he has repeatedly sent mixed messages both privately and publicly. Speaking with the Denver Post Tuesday, Anthony again expressed concern about the risk of losing out on the three-year, $65 million extension that has been on the table for months.
“There are a lot of things that come into play when you look at this situation," Anthony said. "The fact that they can send you wherever they want to. The fact that, wherever they send me, would I sign the extension there? It’s a lot of stuff I think about through all of this.”
Posted on: January 10, 2011 11:00 am
Edited on: January 10, 2011 12:43 pm
The framework of a blockbuster, three-team trade that could send Carmelo Anthony to New Jersey began coming together Thursday and Friday, but there were miles to go -- not inches -- before the complicated scenario could come together.
After a whirlwind 72 hours marked by acrimony, destabilizing attempts from multiple stakeholders and even a funeral that one executive involved had to attend, the best thing that can be said Monday about the proposed deal is that the Nets and Nuggets are still communicating.
Judging from the hurt feelings and frustration that has built up among some of the participants, that is an accomplishment almost as remarkable as the ambitious framework of the deal itself. And the fact that both sides are willing to put aside grudges means that Denver and New Jersey are sufficiently motivated to complete the trade.
When? Not until the Nuggets have explored every option and tried to extract the highest possible price for Anthony, a three-time All-Star and franchise cornerstone who may already be playing beyond his expiration date in Denver.
Based on first-hand accounts from league sources, here is the latest holdup in the arrangement that would send Anthony, Chauncey Billups and Richard Hamilton to New Jersey, Troy Murphy and Johan Petro to Detroit and Derrick Favors, Devin Harris and multiple first-round picks to Denver: The Nuggets, negotiating from a position of strength because they own the most coveted asset in the trade, are trying to extract one more quality young player and more cost savings from the current framework of the deal -- and if they can't do that, expand it or explore other scenarios to ensure they are getting the most assets possible for parting with their superstar.
UPDATE: One issue was quickly resolved Monday, with the Nets and Pistons essentially agreeing that Detroit would get a second-round pick from New Jersey for taking on Petro's contract, sources confirmed to CBSSports.com.
But Nuggets GM Masai Ujiri would prefer to parlay Harris into Nicolas Batum (pictured) by involving Portland in the deal, a scenario they thoroughly explored before the Pistons' involvement as a third team over the weekend, sources said. The Pistons' portion of the deal -- sending Hamilton to New Jersey so Anthony wouldn't have to go it alone in a risky reclamation project -- is solidified as far as Detroit and New Jersey are concerned. But the Nuggets have yet to decide if that is the best option for them.
From the standpoint of easing Anthony's concerns about signing a three-year, $65 million extension with the Nets, it represents a major breakthrough for the Nuggets. But executives in contact with Denver officials say Ujiri hasn't given up on recruiting the Blazers to contribute Batum and wants more time to shop the current offer and make sure it is the best deal he can get. In addition to getting another young player -- and Denver isn't sold on Harris, given the $17.8 million price tag over the next two seasons and the progress of Ty Lawson -- the Nuggets are continuing to explore getting off one of their long-term contracts as part of an Anthony trade. Sources say they are working feverishly to find a taker for either Al Harrington or Renaldo Balkman, a requirement that complicates matters even more.
Among the teams the Nuggets have spoken with previously is Minnesota, which asked for one of the Nets' better first-round picks in exchange for taking Murphy. With that, the conversation died. Sources also told CBSSports.com Monday that the Nuggets have engaged with the Knicks "a little bit here and there" about what it would take to get Anthony to his preferred destination, Madison Square Garden. Executives in contact with the Nuggets said Denver plans to give the Knicks an opportunity to construct a trade proposal that they will compare to what the Nets are offering -- a prospect that seems unlikely to be fruitful for New York, given that the Nuggets have always been more interested in the Nets' assets than the Knicks'.
Privately, members of the Nuggets organization believe they have taken Anthony's wishes into account by trying to construct a deal that does not land him in a bad situation. In addition, they believe the inclusion of Hamilton -- who shares Anthony's agent, Leon Rose -- is tantamount to approval from Melo that he will go against his desire to play for the Knicks and agree to the New Jersey extension. A team executive previously involved in Anthony trade talks but currently on the sideline agreed Monday.
"Melo originally wouldn't sign there," the executive said. "But it seems now, with the addition of Rip if that happens, he could have a change of heart."
Said an executive with a stake in Melo signing off on the deal with New Jersey, "There is going to have to be a sell. But at the end of the day, does Melo say, 'No?' I strongly doubt it."
It is one of many twists and turns in a combustible negotiation that at one point over the weekend seemed destined to blow up because the Nuggets, once again, were facing external pressure to rush into a deal. But it should be abundantly clear by now that Ujiri, a soft-spoken, Nigerian born former scout now in the hottest executive seat in the NBA, "won't back down," according to one executive who described him as "a bulldog."
Ujiri "may seem quiet and soft," the executive said, but is "not stupid."
Based on first-hand accounts, talks between Denver and New Jersey took a back seat to Detroit's involvement over the weekend, with executives waiting to hear back from Pistons president Joe Dumars, who was attending a funeral Saturday. After the Pistons' angle leaked Friday in a report by The Record of Hackensack, N.J., sensitivities were running high in Denver because of the mutual respect between Billups and the organization -- and the fan base's understanding that if Billups were dealt, that would signal the waving of a white flag on this season.
While Ujiri and executive Josh Kroenke internally weighed the pros and cons of involving the Pistons, everyone with a stake in the deal was waiting to hear back from Dumars, who needed to meet Sunday with ownership to find out if he could get the money-saving Hamilton deal approved. Dumars, in the midst of an ownership change, has been hamstrung in trade negotiations but was able to get approval to dump Hamilton and save the organization more than $17 million.
But when word came from Dumars Sunday afternoon that the Pistons were in, the Nuggets didn't view it as moving the larger deal to the cusp of the goal line. As was the case with the four-team deal with Utah and Charlotte that fell apart in the days before training camp, it appeared to those outside the organization that the Nuggets were once again feeling rushed into hastily completing the trade.
If leaks that the trade including fan favorite Billups was all but agreed to were aimed at destabilizing the already frail locker-room psyche in Denver, it appeared to be working. Anthony, Billups and other peripheral players being discussed in the trade played Sunday night, when a disengaged Anthony scored only eight points in a 96-87 loss to the Hornets. Billups, confronted with questions about being traded, was 2-for-12 from the field and scored 13 points.
When asked after the game if this was his final game with the Nuggets, Anthony responded to reporters by saying, "Not at all" five times. The Nuggets host the Suns Tuesday night, and the Nets are at Phoenix Wednesday -- a deadline of sorts since both teams would need their full complement of new players in time for those games.
Conversations between the Nets and Nuggets continued into the early morning hours Monday, which should be read as encouraging given all the twists and turns. One executive stressed, "It hasn't broken down," evidence of the strong commitment on the Nets' and Nuggets' parts to complete the deal.
I guess they can all shake hands and make up when it's over.
Posted on: January 9, 2011 7:14 pm
Edited on: January 10, 2011 2:18 am
UPDATED 2:18 a.m. ET
Carmelo Anthony "does not need to be convinced" to sign a contact extension as part of a blockbuster, three-team trade that would send the three-time All-Star to New Jersey, league sources told CBSSports.com Sunday night.
One executive involved in the trade talks called Anthony's stance on an extension with the Nets "a non-factor," because the teams involved "already know it won't hold up the deal." The tipping point in moving Melo toward giving up his preference to wind up with the Knicks was the involvement of the Pistons, who would send Richard Hamilton to the Nets to help Anthony with his reclamation project in Newark, N.J., for the next year-and-a-half.
That key component was close to agreement Sunday night, with the Pistons poised to send Hamilton to New Jersey in exchange for Troy Murphy's expiring contract and Johan Petro -- who may go to the Pistons or somewhere else, sources said. Hamilton, who has two years and $25 million left on his deal, was the key cog in a broader plan to entice Anthony to give up his resistance to extending with the Nets instead of insisting on a deal to his preferred destination.
The other part of that equation involves Chauncey Billups joining Anthony and reuniting with Hamilton in New Jersey, sources said. The principle pieces New Jersey has offered to the Nuggets all along -- Derrick Favors and multiple first-round picks -- would still go to Denver in this three-team scenario. The involvement of Billups, who has stated that he wants to retire with the Nuggets, necessitates the Nets sending Devin Harris to the Nuggets.
Though Billups would prefer to stay in Denver, a person with direct knowledge of his thinking rejected the notion of the Nets buying him out this season if he is sent to New Jersey in this trade. "Highly unlikely," the person said.
Numerous other players -- for a total of as many as 15 in the eventual deal -- are being discussed as the Nuggets finally have begun to push forward amid pressure from Anthony's representatives, Leon Rose and William Wesley of Creative Artists Agency, to put an end to the uncertainty over Anthony's future.
The deal is so complicated, with so many agendas to satisfy -- from the three teams involved to the cadre of high-profile agents roped into the talks -- that plenty could go wrong. One executive involved in the talks told CBSSports.com Sunday night that the deal was not imminent, while others said discussions were continuing and players were being added and subtracted from the deal. According to rival executives who've negotiated with the Nuggets on other Anthony scenarios, Denver should heed of the dangers of killing another good deal after a four-team trade involving New Jersey, Utah and Charlotte fell apart amid indecision and overshooting by the Nuggets.
"Eventually, they're going to have to say, 'This is the best deal we're going to get,'" one of the rival execs said. "Last-second ramming guys in and out is not going to fly."
One last-minute change he Nuggets were believed to be seeking was having New Jersey take more salary off their hands. If that sounds familiar, that is exactly how the Utah-Charlotte deal fell apart. But in this case, the third team, Detroit, believes it has its part of the deal solidly in place and is more motivated to gain the savings from moving Hamilton than Utah and Charlotte were to participate last time.
One person with knowledge of the talks said Al Harrington, whose name has been included in previous incarnations of a straight-up Denver-New Jersey deal, had not yet been brought into this three-team version -- but the names were still changing overnight, sources said.
The Nets have been proceeding for months with the understanding that Anthony would sign off on a three-year, $65 million extension without which the above talks would die an immediate death. Their optimism is understandable, considering Anthony's agents have been the driving force behind several trade proposals that would send the three-time All-Star to Newark for a season-and-a-half before the team finally moves to Brooklyn -- Anthony's birthplace -- in 2012.
"He wants the money and he wants to be from New York," one rival executive said in explaining Anthony's apparent rationale. "He gets the city he wants for the money he wants."
With the Hamilton component essentially agreed to, according to one of the executives involved, Anthony is as close as he's ever been to the moment of truth. Despite repeated assurances from Anthony's camp, the Nets did not yet have approval from Anthony's mouth as of Sunday night, according to one person familiar with the situation.
Last month, a person directly involved in Anthony's decision told CBSSports.com that the only team he'd agree to an extension with via a trade was the Knicks. There have been no indications from Anthony himself that he has changed his stance. However, given the perceived risk of leaving tens of millions of dollars on the table with a punitive new collective bargaining agreement looming -- and with the addition of Hamilton and Billups meaning Anthony wouldn't have to go it alone in Newark -- the Nets and Nuggets are convinced the contractual issue won't blow up the deal.
In the sort of delicious irony that often is the hallmark of major NBA trades, one of the key sticking points was which team would take Petro, who has two years and $6.75 million left on his contract. As the Record of Hackensack, N.J., first reported, the Nets initially tried to get the Pistons to absorb Petro's contract and fork over their 2011 first-round pick in the process. Pistons president Joe Dumars flatly rejected the invitation, but sources said the enormous savings from dumping Hamilton -- approximately $17 million -- was enough to entice the Pistons to absorb Petro as long as they don't have to surrender any picks in the process. Still, the Pistons would prefer if a fourth team could be found to take Petro, an option the Nets were aggressively exploring.
Posted on: January 7, 2011 11:32 pm
The Denver Nuggets are considering offers from at least five teams for Carmelo Anthony and soon will begin the process of deciding what direction to go when they trade the three-time All-Star, multiple sources told CBSSports.com Friday.
Among the teams that have registered the most credible interest are the Nets (obviously), Knicks, Rockets, Bulls, and Clippers, according to three sources familiar with the situation. Details of the various discussions are still evolving, but the one constant has been efforts on the part of the Nuggets and Nets to involve a third team in the discussions.
The Nuggets have been trying to recruit the Timberwolves as a third team that might be willing to take the expiring contract of Troy Murphy from the Nets and send the Nuggets a first-round pick in the equation. The Wolves have two extra first-round picks in 2011 -- one from Utah and another from Memphis.
But just as efforts on the Nuggets' part to involve the Cavaliers in the discussions -- an attempt to have Cleveland use its $14.5 million trade exception from the LeBron James fiasco to absorb Murphy -- have gone dormant, so have talks aimed at involving the Detroit Pistons in the scenario. Two sources confirmed to CBSSports.com Friday night that the Nets were trying to recruit the Pistons to enter a blockbuster three-team scenario in which New Jersey would've gotten Anthony and Chauncey Billups from the Nuggets and Richard Hamilton from the Pistons. The complicated and intriguing scenario was first reported by the The Record of Hackensack, N.J.
One of the sources confirmed Yahoo! Sports' report via Twitter that the talks died when the Nets tried to extract a first-round pick from the Pistons and dump Johan Petro's $6.75 million due over the next two seasons on Detroit.
"Dead," is how the source described those talks, although in another form, the Pistons could be enticed to participate if it meant dumping Hamilton's $25 million due over the next two seasons -- $21.5 million of which is guaranteed.
The Nuggets' essential posture hasn't changed over the past few weeks. They are taking their time, evaluating interest from various teams, and one person familiar with their strategy said they soon will begin weighing the various offers. Denver GM Masai Ujiri and executive Josh Kroenke are in no hurry, and most executives involved in the talks believe the situation will go right down to the Feb. 24 trade deadline -- with the Nets still the leader in the clubhouse, pending Anthony's approval of a contract extension with New Jersey. That is where the Pistons' potential involvement could become crucial, as Anthony presumably would be more likely to sign off on a three-year, $65 million extension with New Jersey if Billups and Hamilton were on board. Oddly enough, it would represent a formation of the trio that could've been created in Detroit if the Pistons had selected Anthony instead of Darko Milicic in the 2003 draft.
Such a scenario wasn't in play about a month ago, when a person directly involved in Anthony's decision-making process told CBSSports.com that Melo -- if traded -- would only agree to a contract extension with the Knicks. There have been no indications that Anthony has changed his stance, although that hasn't stopped his suitors from lining up and putting their best offers forward.
Among the teams that believe they have at least a puncher's chance of landing Anthony, the Nets have always been the one with the most attractive assets to the Nuggets: Derrick Favors, the expiring contract of Murphy and multiple first-round picks. The Nuggets appear to have decided they prefer going young while acquiring draft picks and prospects over established players -- which would seem to bode poorly for the Knicks, whose existing players have yet to draw serious interest from the Nuggets. But the Knicks continue taking a patient approach, with the understanding that they're performing at a playoff level without Anthony and would have the inside track to sign him as a free agent if the Nuggets weren't able to achieve an acceptable trade by the deadline.
If the Nuggets were able to parlay Murphy's expiring deal into another first-round pick while also going farther down the road toward youth and savings by unloading Billups, it would seem to represent nirvana among the various Melo scenarios they are considering. The Nets also have made it clear they'd be willing to take on Al Harrington -- due $27 million over the next four years, of which $20 million is guaranteed.
As for the other teams in the mix, the Rockets can offer the Nuggets enormous savings in the form of Yao Ming's expiring (and insured) contract as well as the expiring contracts of Shane Battier and Jared Jeffries, plus young assets such as Aaron Brooks, Jordan Hill, Chase Budinger or Courtney Lee. The Clippers have one of the most valuable first-round picks on the market in the form of Minnesota's 2011 first-rounder, which is unprotected in 2012, plus young assets such as Al-Farouq Aminu and DeAndre Jordan. The Bulls have not been regarded as a serious contender since signing Joakim Noah to a contract extension, which signaled their unwillingness to trade him and made it impractical due to base-year compensation rules.
Tags: Aaron Brooks, Al Harrington, Al-Farouq Aminu, Bulls, Carmelo Anthony, Cavaliers, Chase Budinger, Chauncey Billups, Clippers, Courtney Lee, DeAndre Jordan, Derrick Favors, Jared Jeffries, Joakim Noah, Jordan Hill, Knicks, Nets, Nuggets, Pistons, Richard Hamilton, Rockets, Shane Battier, Timberwolves, Troy Murphy, Yao Ming
Posted on: December 30, 2010 11:28 am
After an appropriate cooling-off period surrounding Carmelo Anthony trade talks after the tragic death of his sister, teams are beginning to get a renewed sense of where the Nuggets are strategy-wise. And once again, multiple sources tell CBSSports.com that Denver officials are sending mixed signals and still appear undecided as to whether they're seeking veteran players who can help them now or some combination of cap relief, draft picks and young players.
As a result of what one rival executive referred to as the Nuggets having "overplayed their hand" in negotiations with the Nets, frustrated New Jersey officials are in the process of "substantively" re-evaluating their pursuit of Anthony, a three-time All-Star who has refused to sign a three-year, $65 million extension with the Nuggets.
No one is fully aware of Anthony's mindset after he's missed five games grieving the loss of his sister, Michelle, who died tragically at 38 last week. But with trade demands that another executive described as "too high and unrealistic," the Nuggets run the risk of alienating the team that from the beginning had the most assets to offer -- starting with Derrick Favors, multiple first-round picks and the expiring contract of Troy Murphy.
The Nuggets' outward appearance of indecision could very well be a negotiating tactic, as a person with direct knowledge of Denver's strategy has told CBSSports.com that the team has decided it wants to get young and accumulate draft picks if and when they decide to trade Anthony -- not attempt to tread water with sub-par veteran replacements whose contracts would hinder the team's future flexibility. The other wild card, of course, is Anthony's reluctance to sign an extension with the Nets, which has been confirmed by a person with direct knowledge of his thinking.
In view of their frustration, the Nets have not yet gotten to the point where they're ready to pull all their chips off the table. But it's clear that the Nets are "sick of the whole charade," according to one source and have "backed away," according to another. And with that, we move along to the rest of the final 2010 edition of Post-Ups:
* Exploratory trade talks the Trail Blazers are involved in on multiple fronts hinge on what decision is made with regard to Brandon Roy's short- and long-term health. Team officials already have engaged in internal discussions about trading older players such as Marcus Camby, Andre Miller and Joel Przybilla. Such an avenue would seem to be more likely if it's decided that Roy will miss significantly more than the six games he just sat out due to a bone-on-bone condition in both knees. One scenario involved Miller going to the Bobcats, but those talks took place prior to Charlotte's recent coaching change. The Bobcats now are entering a new evaluation period under coach Paul Silas and have no current interest in straight salary-dump trades. "That's the furthest thing from the truth," one source said. "We want to do basketball deals if we can."
* A person with knowledge of Camby's thinking confirmed a report that the 14-year veteran would indeed contemplate retirement if traded to a rebuilding team. Camby's overwhelming preference is to stay in Portland, and there is "no close second," the person said. But if a trade to a contending team in a city his family would be willing to relocate to were presented, Camby would be open to the idea. The Knicks, who from time to time have expressed interest in bringing Camby back to New York, are one team that would meet the 36-year-old's approval.
* The Rockets have been engaged in trade discussions regarding Yao Ming and his expiring $17.7 million contract, but have been met with underwhelming offers thus far. One rival GM said that's because any team contemplating acquiring Yao would have to do so only for cap relief. "You have to do that with the assumption that he'll never play again," the executive said. The balance of Yao's contract for this season is insured due to his latest foot injury, and thus would provide current savings as well as future cap relief.
* According to Kings GM Geoff Petrie, Tyreke Evans' injury prognosis may not be as bad as it seems. Petrie told CBSSports.com Wednesday that specialists have informed the team that if Evans elects to undergo a laser procedure to resolve plantar fasciitis in his left foot, he could be back as fast as 3-4 weeks -- not the 3-4 months that Evans told reporters after a one-point loss to the Clippers Monday night. In that game, Evans scored 32 points in 40 minutes. On Wednesday night, he hit a 50-foot game-winner to give the Kings a 100-98 victory over Memphis. "He seems to be managing it fairly well right at the moment," Petrie said.
* The December holidays brought an intermission to labor talks, with no substantive negotiation expected until after the New Year. But in recent weeks, at least 10 teams have signed petitions approving decertification -- a tactic that would put the owners' right to lock out the players in legal question. National Basketball Players Association officials plan to continue meeting with teams in January and get further decertification petitions signed. If and when the owners notify players of a lockout at or near the expiration date of the current CBA on July 1, union officials will have the paperwork they need to dissolve the union and challenge the lockout as a violation of antitrust laws. But there are divergent views in the labor-law world on whether decertification is a legitimate tactic. In his most recent public appearance in Memphis earlier this month, commissioner David Stern described it as "a nuclear option. But I'm not sure whether it isn't the nuclear option that falls on the party that launches it."
Posted on: December 21, 2010 8:14 pm
The Dallas Mavericks are plotting an aggressive push to acquire Carmelo Anthony, even if they don’t get assurances that the three-time All-Star would agree to a contract extension as part of the trade, league sources told CBSSports.com.
Despite his team’s emergence as one of the powers of the Western Conference -- and, as Dallas proved Monday night in Miami, the whole league -- owner Mark Cuban is said to be not only willing to take a chance on Anthony, but eager to steal him from the Nets, who are owned by his billionaire rival, Mikhail Prokhorov. In a deal that would provide Denver with little more than future savings, the Mavs are planning what one rival executive described as a “hard” push.
The Mavs’ interest has yet to take the form of a concrete offer, as one person connected to the Anthony drama told CBSSports.com Tuesday that Dallas had yet to present one. Any prospects the Mavs might have to pull off such a coup would be contingent on Anthony declining to sign an extension with New Jersey. With a signed extension as part of the deal, the Nets still possess by far the most attractive assets to Denver -- Derrick Favors, the expiring contract of Troy Murphy, and multiple first-round picks.
But that is the question that the Anthony saga has hinged on for months. Part of Dallas’ strategy, according to sources, is to shift the Anthony discussions to what Cuban recently called the “rent-a-player” phase, which would drive down the price and encourage other teams to present offers without assurances that Anthony would stay put for five years -- the two he has remaining (including the early-termination option for 2011-12) plus the extension.
Such potential suitors, including the Mavs, do not have enough of what Denver is looking for to compete with New Jersey’s best offer. But if Dallas is successful in shifting Denver’s focus to “rental” deals, the Nets would then have to decide how much they are willing to give up to acquire a franchise cornerstone for their move to Brooklyn -- even if Anthony could leave them in the dust as a free agent before the team even got there.
Meanwhile, the Nuggets remain in a patient posture and are not in any apparent rush to push a New Jersey trade to fruition. And after acquiring two more first-round picks in a three-team trade with the Lakers and Rockets last week, Nets executives are continuing their ongoing efforts to sweeten the deal for Anthony by acquiring a veteran he’d want to play with in Newark, N.J., for a year-and-a-half. Such inducements could come in the form of Al Harrington and/or Chauncey Billups, whom Anthony might be comfortable having on board. The other scenarios, according to one executive familiar with them, are numerous and “beyond challenging” because multiple teams would be needed.
Among the contending teams with the deep pockets and championship core to take a risk like trading for Anthony without a signed extension as part of the deal, Dallas has the most expiring money to make it worth the Nuggets’ while. Any Dallas proposal would have to include the expiring contracts of Caron Butler and DeShawn Stevenson. More money would need to be added -- Tyson Chandler? -- or a third team would need to be recruited in order to take Harrington and/or Billups off Denver’s hands.
The notion of Anthony going to a contender -- or to the Nets, for that matter -- without signing his three-year, $65 million extension is exactly what New York Knicks officials are hoping for. Sources say the Knicks continue to believe that the longer the Anthony situation plays out, the better their chances of landing him through a trade, or more likely, as a free agent after the season and anticipated lockout. New York has been Anthony’s preferred destination since his operatives began pushing for a trade in September, and a person directly involved in Anthony’s decision-making process told CBSSports.com earlier this month that he’d become more entrenched in his desire to agree to an extend-and-trade only if he would up with the Knicks. CBSSports.com also reported that Anthony has not shared his position with Nuggets officials, and that Nets officials have been told differently by Anthony’s camp.
Another team that various team executives believe is very much in the mix -- either to make a push to land Melo as a rental or become involved as a third-team facilitator -- is the Rockets. Houston fully expects to receive a disabled-player exception for Yao Ming totaling $5.8 million and already has a $6.3 million exception from the Trevor Ariza trade. Such exceptions can’t be combined, but individually they could be used to absorb a contract -- such as, for example, the Nuggets’ J.R. Smith’s or Harrington’s -- without sending equal money back. In return, the Rockets would either have to get a player they want or be compensated accordingly with draft picks or other assets. The Rockets also are flush with the expiring contracts of Shane Battier, Jared Jeffries, and even Yao, whose contract is insured due to his season-ending foot injury.
Rockets owner Leslie Alexander has a history of bold moves, and has placed few restrictions on his front office, led by GM Daryl Morey, to spend money in order to win. The Rockets, for example, are currently a tax-paying team and are under no mandate from ownership to shed salary even though they are off to a slow start and have lost Yao for the season -- and maybe for good.
A dark horse in all of this? The Mavs’ opponent Tuesday night, Orlando. The Magic have a little more than two months before the Feb. 24 trade deadline to see if their revamped roster will be good enough to contend for a title after this week’s blockbuster trades with Phoenix and Washington. But the only piece that is likely to be available and enticing to Denver is Jason Richardson, whose $14.4 million contract expires after the season. Richardson cannot be combined with other players in a trade for 60 days, which would leave just enough time before the trade deadline to involve him in the Anthony discussions.
If -- and this is a big if -- Anthony is still a Nugget by then.