Posted on: July 8, 2010 12:17 am
Edited on: July 8, 2010 12:50 am
In anticipation of LeBron James' free-agent decision, stock in Madison Square Garden Inc. jumped 6.4 percent to $21.57 per share on five times the normal trading volume Wednesday. If only James could capture some of that value as part of signing with the Knicks.
Well, despite a Forbes Magazine report last month that James could pull off such a coup, he can't. Please return to your regularly scheduled free-agent absurdity.
The Warriors and Knicks are in advanced talks about a sign-and-trade arrangement that would send free-agent power forward David Lee to the Bay Area for Anthony Randolph and Ronny Turiaf, two people involved in the talks confirmed to CBSSports.com. The trade is being set up as a contingency plan for the Knicks if James chooses to sign with another team Thursday. If James chooses to sign with the Knicks, they will have to renounced his rights -- and thus the rights to sign and trade him under the Larry Bird exception -- in order to clear the necessary salary cap space. Lee's agent, Mark Bartelstein, also is believed to have maintained contact with the Nets, who are in danger of getting shut out in the free-agent chase. But the Golden State scenario for Lee has legs, to an extent.
"It's got legs," one of the people involved in the talks said. "But it needs arms, a torso and a head."
The Knicks, who like other teams in the hunt for James have no clue what he's going to announce Thursday, are exploring other scenarios in which they re-sign Lee -- although Lee is believed to be ready to move on. If James says no to the Knicks, and team president Donnie Walsh orchestrates the Lee trade, then Randolph and Turiaf will go down in ignominy as the players the Knicks got instead of LeBron. If nothing else, that would take some pressure off Amar'e Stoudemire, who will be introduced Thursday in a news conference at MSG.
After Ray Allen agreed to a two-year, $20 million deal to return to the Celtics Wednesday, with a player's option on the second year, Boston continued to explore acquiring a big man to fortify the frontcourt while center Kendrick Perkins is out with a knee injury suffered in the NBA Finals. A person familiar with the Celtics' plans said they were in discussions with free agent Jermaine O'Neal, who also was talking with the Nuggets and Mavericks.
Posted on: December 18, 2008 6:20 pm
This from a person with direct knowledge of the team's thinking: Golden State would not trade a 6-10 forward with huge upside for a point guard. And it doesn't matter whether the 6-10 forward's name is Anthony Randolph or Brandan Wright. The Warriors "wouldn't even consider that in any way, shape or form," the person said.
The thinking is this: The Warriors just made a trade for a combo guard (Jamal Crawford), and if they're trading anybody, it would be an established veteran whose upside is known. Randolph and Wright both have played sporadically, and the Warriors need to see what they are -- especially Randolph, who is only 19.
Once Monta Ellis comes back from an offseason ankle injury, the team's strategy is to see who fits with Ellis rather than start trading for other players -- especially another guard -- and see if Ellis fits with them.
The one caveat when it comes to the Warriors is that nobody is clear on who is making the decisions. Team president Robert Rowell has taken on more personnel authority, and coach Don Nelson has been known to engage in a trade discussion or two. And remember who coaches the Charlotte Bobcats? Larry Brown, who got fired by the Knicks, in part, for agreeing to trades behind team president Isiah Thomas' back.
It is a tangled web being woven in the Bay area, but for now, Felton doesn't appear likely to be ensnared in it.
Posted on: December 18, 2008 10:32 am
According to the Charlotte Observer, the Warriors are interested in trading for Charlotte point guard Ray Felton, whose future with the Bobcats has been clouded by the performance of rookie D.J. Augustin.
The scenario makes sense on several levels, and I am checking with sources to determine the likelihood of a deal that would send Felton to Golden State for a package including either Anthony Randolph or Brandan Wright.
The Bobcats opted not to extend Felton's contract last summer after selecting Augustin ninth overall, and Felton could leave as a restricted free agent if Charlotte opts not to match potentially lucrative offer sheets.
Golden State is known to be high on Wright, whom the Bobcats drafted on the Warriors' behalf to complete a draft-day trade sending Jason Richardson to Charlotte. Felton would be a good fit in the Warriors' backcourt because he would free up Monta Ellis, once he returns from an ankle injury sustained in an offseason moped accident, to be a scorer as the shooting guard. Stay tuned.