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Tag:Trade Deadline Rumors
Posted on: February 18, 2011 12:49 pm
Edited on: February 18, 2011 2:32 pm
 

Report: If Melo agrees, Nets deal in place

Report says a tentative Nets-Melo deal is in place, but as always, Melo still has to agree to extension which he has resisted for six months. 
Posted by Matt Moore

The Bergen Record is reporting a tentative deal is in place for Carmelo Anthony to become a Net, pending Anthony's agreement to an extension -- a piece of paper that has become the most ballyhooed document outside of Congress. 

The deal is the same Ken Berger reported on Thursday evening and we discussed Thursday afternoon , reported now by the Record , ESPN , and Yahoo!. It features the Nuggets getting Devin Harris, Derrick Favors and Ben Uzoh, with a third team taking on Troy Murphy. No one's figured out a third team to take Murphy, so either the deal isn't as tentatively "done" as the Record  is reporting or the teams are agreeing to a deal that assumes something they can't really count on. Again, no surprises there, considering how botched this process has been from the beginning. 

So again, the ball is in Melo's court.

Berger reported early Thursday that no talks have been scheduled between Melo and Nets owner Mikhail Prokhorov nor with Knicks owner James Dolan. That could change between now and Thursday's media availability, for which we'll have full coverage. 

For Prokhorov to take this meeting is in and of itself revealing of his attitudes as an owner. Apparently enough was not enough. Despite Masai Ujiri playing with the Nets for up to six weeks, agreeing to deals then backtracking and wanting more, the Russian mogul is about to get in bed with Denver again, only this time he's giving up the largest collection of assets yet. It may be the best thing for his business, but you have to wonder how he'd feel about it were he to step back and realize how badly he's been jerked around so far, assuming these reports are accurate. 

Anthony, however, isn't running into this arrangement with open arms. He's having to be convinced to meet with the owner of a National Basketball Association team in a major market that's looking to build a championship around him. If he's convinced, it won't be his whole self that is convinced -- it'll simply be an understanding that this is a compromise that features two of his goals: to play in a bigger market and to get the extension before the CBA is renegotiated. 

And what will be left to help him after the Nets trade away nearly a third of their team? Billups, Vujacic, Humphries and Lopez, with Morrow, Farmar, Outlaw and Stephen Graham off the bench. GET EXCITED, NEW JERSEY. For the remaining year you have before the team bolts to Brooklyn. 

This situation is as perplexing as ever, and should it fall through, Donnie Walsh may need oxygen because he'll be laughing so hard. 



Posted on: February 17, 2011 8:29 pm
Edited on: February 17, 2011 8:34 pm
 

Report: Nets in advanced talks for Melo... again.

Conflicting reports surface regarding possible revived Nets-Nuggets talks for Carmelo Anthony.
Posted by Matt Moore

I could have swore we were just here. Yahoo! Sports is reporting that the New Jersey Nets are in "advanced talks" in a huge nine-player, four-pick deal that would shake out as the following: 

New Jersey Nets receive: 

Carmelo Anthony
Chauncey Billups
Renaldo Balkman
Melvin Ely
Shelden Williams.

Denver Nuggets receive:

Derrick Favors
Devin Harris
Troy Murphy
Ben Uzoh
And... four first-round picks.

That is an absurd lump of assets for one player, and if true, shows just how desperate the Nets are to contend immediately. They're giving up Derrick Favors and Harris, along with the expiring contract of Troy Murphy, basically to get Melo and Billups. And that's before you factor in giving up 4 first-rounders. Those picks are likely spread out over the 2011 through 2014 draft (the Nets own the Warriors 2011 pick, lottery protected, as well as their 2012, and the Rockets' 2012 picks), but that's a massive amount of first-rounders to surrender, even for an All-Star, before we look at the value of Harris and Favors. 

However, a spokesperson for Nets owner Mikhail Prokhorov Thursday reasserted to the AP that the owner "has not changed his mind" since cutting off talks with the Nuggets over the last deal when the Nets were asking for three first-rounders.  ESPN reported Thursday that the Nets had entered into talks again, and that it was Prokhorov's insistence that the Nets be the ones to open the dialogue again. 

So either Prokhorov's spokesperson is lying or not up to speed, and Prokhorov decided it was fine to deal with Denver if they opened talks, even if it meant talking about an even higher price tag than the last one Prokhorov walked away from, or the Nuggets are trying to apply pressure on New York by fabricating talks with the New Jersey Nets. 

So this is fun. 

Expect things to continue on this track through the weekend and possibly all the way to the deadline. The Melo story has just hit a whole other gear of crazy. 
Posted on: February 17, 2011 8:33 am
 

Trade Deadline: Devin Harris to Blazers?

Report indicates Nets and Blazers discussing swap involving Andre Miller and Devin Harris among other pieces. 
Posted by Matt Moore

Devin Harris has been talked about in trade rumors which would ship him to Portland for months. He was part of one of the first Nets-Melo deals back in September. He was discussed in the second deal as well, with the idea being Denver would then ship him to Portland for Nicolas Batum. So the Blazers obviously have some level of interest in him, and the word's been out for a while that they would like to move Andre Miller. Which means that the latest report out of the Bergen Record has some immediate weight, as it suggests there have been talks already between Portland and New Jersey recently for just such a swap. From the Record:

The Nets and Blazers have exchanged trade proposals and still are discussing a deal. Harris and veteran point guard Andre Miller are the main pieces, but more players are involved, multiple NBA sources said. 
It’s doubtful the Nets will trade Harris, who turns 28 in two weeks, straight up for Miller, who turns 35 next month. 
The Nets want to expand the trade and are trying to include disappointing free-agent signing Travis Outlaw, who began his career in Portland. The Blazers are interested in shooting guard Anthony Morrow.
via Nets, Blazers talking about Devin Harris deal - NorthJersey.com.

The report goes on to suggest that the Nets have also brought up Rudy Fernandez and Joel Przybilla in the talks. Harris has struggled since his first season with New Jersey, which showed a lot of promise. Harris is still considered a "young" point guard despite turning 28 this month and has more athleticism than Miller (because he has any athleticism at all at this point).  Harris is the biggest value chip that the Nets have, and the Blazers have multiple assets they could be looking to move, so this one makes a lot of sense. The Nets could easily move Harris and pull in Przybilla to finish out his expring season, and then swap out Troy Murphy or buy him out to create even more space. 

And yet. 

Miller has been a huge part of LaMarcus Aldridge's explosion into stardom this season, lobbing to him several times a game. Miller's also been vital for their overall success and is a key component to their playoff run. Harris is likely the better player, but the old "If it ain't broke, don't fix it" axiom is in play here. If the Blazers want that playoff money, keeping Miller is a safe bet. Similarly, Rudy Fernandez after complaining for months about wanting to leave the country all together, has played fairly brilliantly for the Blazers. Will the situation be the same if he goes to a losing squad? 

Adding Morrow would be a great get for the Blazers, as he would provide balance with Aldridge and perimeter scoring by the handful. This is the kind of move for the Blazers that could upgrade their talent and clear their books, without having to take a step backwards towards rebuilding, which the franchise is hesitant to do, still. 

But where does Morrow fit in with Wesley Matthews and Brandon Roy? And for the Nets, why take on Miller knowing you'll just be left trying to find another point guard next year (assuming they drop Miller's last year which is non-guaranteed)? There are questions in this deal to be sure. But it's clear that Portland's interested in Harris, and the Nets want to deal.  There may be some fire to this smoke. 

Or, you know, it's yet another trade rumor. It's that time of the year, really.
Posted on: February 16, 2011 5:29 pm
 

Trade Deadline: J.R. Smith drawing interest

J.R. Smith has been mentioned in recent trade rumors with the Hornets and Bulls
Posted by Matt Moore

We've really come full-circle on J.R. Smith. In August we told you Smith was on the block in Denver. You remember August. Those halcyon days when the Heat were still elite and Yao Ming was going to help the Rockets back into contention. Then he choked a guy in practice. Then the guys who were going to trade him got fired. Then he went on to have a solid season, if prone to his usual hijinx. Now? Back on the block. Yahoo! Sports reports: 


The Chicago Bulls are still making calls on J.R. Smith to solve their shooting guard issues, but red flags on Smith’s character have made the Bulls cautious. “They just don’t want to mess that locker room up,” one source with knowledge of the talks said.
via Anthony distances himself from Nuggets - NBA - Yahoo! Sports.

The report also indicates that the Hornets have expressed interest in Smith as well. That's two playoff teams, considering bringing in one of the jump-shotiest, nasty-jammiest, unnecessarily flagrantiest, most unstable players in the league in to fill their two-guard spot. This is with O.J. Mayo on the market, who is probably the preferred option for many. Think about that. The guy who has been benched, got into a fight on the team plane with Tony Allen, and then busted for PEDs is considered the more attractive option at his position. But there Smith is, getting offers from playoff teams because when he's hot? He's nova. 
But Smith can't be relied on in the locker room or on the floor. George Karl pretty much has to set aside a separate string of philosophies when it comes to dealing with Smith, be it his defense or his superhuman desire to always shoot the ball, often in the most contested way possible. The fact that Smith is as good as he is despite his basketball IQ is stunning, but there it is. Too talented not to garner interest, too insane to draw too much.
Posted on: February 16, 2011 3:07 pm
Edited on: February 16, 2011 5:33 pm
 

Jamison drawing interest, Cavs hold exception

CBSSports.com's Ken Berger reports that the Cleveland Cavaliers could be active trade deadline players. Posted by Ben Golliver. antawn-jamison

In his trade deadline roundup this morning, CBSSports.com's Ken Berger noted that the Cleveland Cavaliers could be an active player, with forward Antawn Jamison drawing interest from the New Orleans Hornets.
Hornets GM Dell Demps is said to be seeking a big man who can give New Orleans a little more post presence on the offensive end, and executives are openly wondering if Demps will be so bold as to chase Cleveland's Antawn Jamison. Despite financial struggles that have resulted in the team being taken over by NBA ownership, the Hornets have cornered the market in the area of taking on future money for short-term improvements (i.e. Trevor Ariza and Jarrett Jack). Execs expect them to make another such move, but getting Jamison from Cleveland -- either via a trade or an unlikely buyout -- likely would yield a flood of complaints from many of the 29 teams that essentially own the Hornets. Jamison is owed $15.1 million next season, an obligation that would seem to be pushing whatever boundaries are inherent in the league's cooperative stewardship of the franchise.
The Cavs would have to be incentivized to part with Jamison, who isn't said to be pushing an exit strategy and whose leadership will be needed to guide the Cavs through the rest of this trying season. The Hornets have the ability to seek more modest improvements, given their multiple trade exceptions and the $4.6 million they have to spend up to the luxury-tax threshold.
Yahoo! Sports also notes New Orleans' interest in Jamison. 
New Orleans has a strong interest in Cleveland Cavaliers forward Antawn Jamison, but no team seems willing to trade for the two years, and $28 million left on his contract. Cleveland has shown no desire to negotiate a buyout on Jamison’s contract, and sources said Jamison isn’t going to pressure the issue.
It's more than reasonable for Cleveland to want to be rid of Jamison. He was last year's band-aid, a deadline move to push the Cavaliers over the top in the arms race for Eastern Conference supremacy. In the past year, Cleveland's roster and outlook have flipped 180 degrees, as forward LeBron James skipped town, the team has suffered through an NBA-record losing streak and now must understake a full-scale rebuild.

Getting off of Jamison's contract - $13.4 million this year, $15.1 million next year - would be ideal for Cleveland, but it's not their only potential option. As Berger notes, they have an excellent trade deadline chip in the form of the trade exception created by James' move to Miami.
The Cavs are aggressively testing the waters to see what kind of assets they can expect to accumulate by volunteering to use their $14.6 million trade exception from LeBron's departure as a parking lot for other teams' unwanted contracts. Cleveland is seeking to use that cap space to acquire draft picks and young players -- a sound strategy, especially considering that the Cavs can use all the room without putting themselves in luxury-tax jeopardy.
One possible scenario for using the trade exception would be to accept salary from a team that's currently a luxury tax payer but is close enough to the tax line to get under. Two teams in that situation are the Portland Trail Blazers and Houston Rockets. The great thing about using an exception at the deadline is that the Cavs would only have to pay the remaining money on any contract they trade for while the team trading the contract gets to enjoy having the player's full cap number come off their books. Often, teams trading a player in such a scenario are able to cover the remaining salary owed to that player in the form of a cash payment, leaving the team holding the trade exception free of financial commitment. Clearly, using exceptions at the deadline is by far the best time to use them from a financial standpoint.

Even if the Cavs are unable to hit a home run and escape Jamison's contract, they can still hit a solid double to the wall if they are able turn that trade exception into a first round pick or even multiple second round picks. Any additional asset is helpful during a rebuild. Unfortunately for Cleveland, both Portland and Houston are run by new-school GMs that value their draft picks and will likely try to drive a hard bargain. In this case, though, the potential financial benefits should be fairly powerful, and it's fair to say that the Cavs would be letting a golden opportunity pass by if they can't find a way to use their exception.
Posted on: February 16, 2011 2:04 pm
Edited on: February 16, 2011 2:06 pm
 

Trade Deadline: Atlanta shopping for Sessions?

Hawks looking for guard help, could look to Cavs' Sessions at deadline.
Posted by Matt Moore

Some people will tell you the San Antonio Spurs are flying under the radar this season. If that's true, then the Atlanta Hawks are flying in invisible, Heat resistant stealth bombers this season. Did you know the Hawks are just 3.5 games out of the No.3 seed in the East? 

On the flip side, did you know they're just 12th in the league in point differential, that they're 14th in offensive efficiency, 13th in defensive efficiency, and 12th in efficiency differential? So they're better than you'd think. But their record also shows a better team than has been on the floor. 

Which is why they may be looking for an upgrade, particularly at guard. From Ken Berger's Post-Ups Wednesday:
The Hawks are looking for guard help, and sources say they may be interested in the Cavs' Ramon Sessions. The feeling among rival execs is that the Hawks may be willing to spend up to or perhaps even a bit beyond the luxury-tax threshold if there's a deal that would significantly improve their chances in a playoff series with Boston, Orlando or Miami.
via Trade buzz: Swap not only way Melo ends up with Knicks - NBA - CBSSports.com Basketball.

Jeff Teague has underwhelmed after a strong start, and Mike Bibby is, well, Mike Bibbly. Old, reliable, and old. Also can be old. Sessions would fit seamlessly with Atlanta and is the kind of athletic force on the break that could really mesh with Josh Smith and Al Horford. Sessions may have been part of the worst losing streak in NBA history, but he's also shooting 46% from the field this year and averaging 5 assists per game. On a team with actual players, who know what he could accomplish. 

A point guard advantage could help Atlanta push a second round playoff series to seven games.  And there, anything can happen, even if the Hawks are the most unlikely of contenders. It probably won't push them over, but it would be a solid upgrade regardless. 

Still lingering for the Hawks? The issue of Jamal Crawford, without an extension, and wanting one badly.  If that relationship has been soured beyond repair, the Hawks could get good value from him on the open market. 
Posted on: February 11, 2011 1:54 pm
Edited on: February 11, 2011 3:44 pm
 

Friday 5 with KB: Trade Deadline Waters




Posted by Matt Moore 

In today's Friday 5 with KB: A favorite story from Jerry Sloan, the future of Utah, the choppy waters of this year's trade deadline, and when exactly are the Spurs going to hit double-digit losses?



1. So, yeah, Jerry's gone. Which kind of bums everyone out. Do you have a favorite Sloan story to share?

Ken Berger, CBSSports.com: Everyone, including me, made fun of Sloan's Hall of Fame acceptance speech two years ago because he basically told his entire life story. But I was touched by how nonchalantly Sloan talked about having lasted only five days as the University of Evansville basketball coach in the late 1970s. The season after he stepped down, his replacement, coach Bobby Watson, and the entire team and support staff were killed in a plane crash. Sloan said it matter-of-factly, just like that, and without blinking got right back to his story. "I spent 2 1-2 years as assistant coach of the Bulls ...," etc. That was Jerry. I don't know why I will always remember that, but I will.


2. Speaking of the Jazz, is there any chance they are able to reassert the kind of stability they've had over the past three decades? Is the organization and environment built in such a way as to develop that kind of constancy? Or are we going to see the Jazz back in the mire of the pack, having to reinvent themselves multiple times in a decade?

KB: The biggest priority, obviously, is persuading Deron Williams to stay. If he leaves as a free agent in 2012, there's no way around it: the Jazz are in for a major rebuild. Before they're faced with that possibility, however, the first order of business is maintaining stability on the bench. By naming Tyrone Corbin to succeed Sloan without saddling him with an interim title is an important first step. GM Kevin O'Connor and Gail Miller, the widow of later owner Larry Miller, both made clear they are committed to Corbin for the long term. Those intentions obviously will have to be backed up at some point by a multi-year head coaching contract, but that will come in time. There's been one head coach in Salt Lake City for nearly a quarter century. The plan certainly isn't to go from that to massive turnover.


3. Lost in Ray Allen's epic three-pointer and Kobe's late game heroics Thursday night was this: Boston's lost their last two, and are 5-5 in their last ten. Has the time come for the Celtics to coast through the second half?

KB: I think their recent struggles are less about coasting and more about injuries. The return of Kendrick Perkins has been muted by the absence of Shaq, Jermaine O'Neal and even Semih Erden. Boston also is without Marquis Daniels, Delonte West and Nate Robinson. So it's time to begin wondering if the only thing that can hold the Celtics back -- health -- is starting to rear its ugly head.


4. Alright, Ken. When are the Spurs going to hit double digit losses?

KB: With Philly, Washington and New Jersey next up on the road, I'm going to go out on a limb and say not before the All-Star break. The Spurs haven't lost two straight since early January, so I'm going to say their 10th loss doesn't come until March 4 or 6, when they play Miami and the Lakers.


5. Instability in Utah, the Denver situation, Portland teetering on the brink, Charlotte looking at a need to dump salary, Houston desperate to make a deal. For a long time it looked like we weren't going to be seeing much in the way of trades this year. But are the storm clouds gathering for another busy deadline?

KB: The way I see it now, there will be more buyers than sellers. Several teams have contracts they'd like to dump (Philly with Andre Iguodala, Charlotte with Stephen Jackson, Cleveland with Antawn Jamison or Mo Williams, the Bucks with Corey Maggette or Drew Gooden), but who is going to take on those kind of obligations heading unto uncertain CBA territory? Also, the teams with the most cap space, Sacramento and Minnesota, are going to be less likely than in past years to take money into that space given that they don't know what the 2011-12 cap and rules will be. First-round picks also will be more expensive on the trade market because they represent cheap labor. Whereas in past years, teams would be willing to give up a first simply to get off a contract, this time they'll want something else in return -- such as a second-round pick. The teams that will be able to do something are those that have quality players on expiring contracts -- such as Indiana with Jeff Foster, Mike Dunleavy, and T.J. Ford; and Portland with Joel Przybilla and Andre Miller (whose 2011-12 salary is non-guaranteed).
 
 
 
 
The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com