Caron Butler is headed to Dallas, per ESPN…

The teams agreed on the principal pieces Friday: Butler, Haywood and DeShawn Stevenson to Dallas for Josh Howard and Drew Gooden. Mavericks reserves Quinton Ross and James Singleton were added to the deal Saturday and are also Washington-bound, with Dallas due to receive cash considerations in addition to the three players.

I wrote about this deal yesterday.

To me, if the Wizards are rebuilding, why trade Butler for Howard? He’s 29 — the same age as Butler — and hasn’t been the player this year as he has in years past. He has a team option for next season, so presumably they’d let him walk, because if you can’t build around Butler then you certainly can’t build around Howard.

The right way to start a rebuilding process is to get some good young talent or first round draft picks when trading away stars. Otherwise, it’s just a salary dump. This deal might be appealing to the Wizards because they can try to sell their season ticket holders on the fact that, talent-wise, the trade was pretty even. But really, they’re just treading water, if that.

From a talent stanpdoint, this looks like a great trade for the Mavs. Butler is a significant upgrade over Howard, who has struggled this season. Haywood also gives the Mavs a defensive center who can give Dallas some toughness inside now that Erick Dampier is dealing with some soreness in his knee. Butler’s salary for next season ($10.6 M) is pretty reasonable given what he brings to the table.

On the flip side, Wizards’ GM Ernie Grunfeld continues to perplex me. When he was running the Bucks, he was the mastermind behind the disastrous Ray Allen-for-Gary Payton swap, and in the last two years, he signed Gilbert Arenas to an outlandish contract (for a guy coming off of knee surgery) and now, in an effort to “rebuild,” he’s trading away a very good 29-year-old small forward for a decent 29-year-old small forward.

The trade does bring salary cap relief but that’s about it. Butler and Stevenson were due to make $14.6 million combined next season, and the Wizards are potentially going to take on the $1.1 million still owed to Quinton Ross if he exercises his player option for next year. So, by trimming a net of $13.5 million from their 2010-11 payroll, the Wizards will have about $10 million in cap space this summer, assuming they don’t exercise the team option on Howard’s contract.

In other words, this is a salary dump, plain and simple. I’d be shocked if this trade isn’t a precursor to an Antawn Jamison in the next few days. What’s the point of trading Butler if you aren’t going to move Jamison too?

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ESPN is reporting that there is new life to the Dallas/Washington trade that would be centered around Caron Butler, Brendan Haywood and Josh Howard.

Talks between the teams had stalled in the past week, partly because of Washington’s insistence that the Mavericks take guard DeShawn Stevenson in any Butler deal, but the potential for acquiring two front-line players — since Butler and Haywood would immediately become key rotation players for the Mavs — has renewed Dallas’ interest.

Sources told ESPN.com that the teams’ negotiations only turned more serious Friday on a deal that would send Josh Howard, Drew Gooden and some smaller cap-friendly contracts to Washington for Butler, Haywood and Stevenson.

Well, color me confused. Earlier, we discussed the possibility of the Wizards sending Butler and Antawn Jamison to the Celtics for Ray Allen and his expiring contract, and now this rumor resurfaces.

To me, if the Wizards are rebuilding, why trade Butler for Howard? He’s 29 — the same age as Butler — and hasn’t been the player this year as he has in years past. He has a team option for next season, so presumably they’d let him walk, because if you can’t build around Butler then you certainly can’t build around Howard.

The right way to start a rebuilding process is to get some good young talent or first round draft picks when trading away stars. Otherwise, it’s just a salary dump. This deal might be appealing to the Wizards because they can try to sell their season ticket holders on the fact that, talent-wise, the trade was pretty even. But really, they’re just treading water, if that.

Like I said, color me confused.

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Adrian Wojnarowski of Yahoo Sports says that the Wizards and Celtics are discussing a blockbuster deal.

In a dramatic move that would resuscitate their fading championship hopes, the Boston Celtics are discussing a deal with the Washington Wizards for forwards Antawn Jamison and Caron Butler, league sources told Yahoo! Sports on Friday.

The proposed deal would send the expiring contracts of Ray Allen, Brian Scalabrine and J.R. Giddens to the Wizards, a move that would signal the start of Washington’s rebuilding process.

The trade isn’t imminent, but talks have progressed and Celtics GM Danny Ainge has positioned his organization to make one of the boldest trade deadline moves in years. For the Celtics, ownership would have to agree to take on an additional $24 million in salary next season between Jamison and Butler. Jamison makes more than $15 million in 2011-12, but most owners are discounting those salaries because of an assumption that there will be a labor lockout and some, if not all, of that money will never be paid to the players.

For his part, Celtics GM Danny Ainge denies the rumors:

Celtics president of basketball operations Danny Ainge said Friday he has not discussed trades involving the Charlotte Bobcats or Washington Wizards.

“There is no truth to either one of those,” Ainge said. “I have had conversations with a lot of teams but those have never been discussed. There are a lot of things I would like to do but I don’t feel a need to do something. I am always looking to upgrade the team, if possible.”

Have you ever heard a GM confirm a trade rumor? They always deny, deny, deny. So there’s no telling if there’s any truth to it, though Wojnarowski is a respected NBA writer.

Obviously, this trade would be a coup for the Celtics in terms of talent. Ray Allen isn’t playing horribly (16-3-3, 45% shooting), but he’s shooting a career-low 34% from long range and is 34 years old. Caron Butler (29) and Antawn Jamison (33) are both younger, and are both All-Star caliber players. Wojnarowski mentioned that the contracts are a concern (especially Jamison’s), but if the two players gelled in the Celtics’ lineup, it would push the franchise back into serious title contention.

However, it would be difficult to get the C’s five best players on the court. Paul Pierce and Caron Butler can play on the wings, but for Jamison to play PF, that means Kevin Garnett would play center. Against certain teams (say, Atlanta), this wouldn’t be a problem, but KG would get beat up down low against Shaq and Dwight Howard. Offensively, this lineup would allow the C’s to spread the floor and post up Pierce, Jamison and Butler in favorable matchups.

For Washington, this trade would confirm what we all already know — the Wizards are rebuilding. If I were running things, I’d hold onto Butler (since his contract is affordable) or at least wait for someone to offer a good young piece. The deal, as outlined, is simply a salary dump. The Wizards would be giving Jamison and Butler away for cap flexibility. With this trade, the Wizards would have approximately $20 million in cap space this summer, and that assumes Gilbert Arenas is still on the payroll.

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The Milwaukee Bucks are hovering around the #8 spot in the East and can probably make the postseason with their current roster. But according to Gery Woelfel of the Racine Journal-Times, they’re eyeing Troy Murphy.

The Bucks and Pacers have bandied about several players in exchange for the 6-foot-11 Murphy, who is averaging 14 points and 9.9 rebounds this season. One of those players is Ersan Ilyasova.

The Pacers want Ilyasova, but the Bucks don’t want to give him up. Ilyasova is only 22, capable of playing both forward positions and has flashed signs of becoming a big-time scorer.

While he is averaging a modest 10.5 points and 6.3 rebounds, Ilyasova has had five 20-plus games this season, including 25 against the New York and 24 against Portland and the Los Angeles Lakers.

He also had 20-point outing against Orlando and San Antonio, two of the best teams in the NBA.

The Bucks would be wise to hold onto Ilyasova, unless they can get more of an impact player than Murphy. The Bucks aren’t the Cavs; they’re not looking for one missing piece to the championship puzzle. They’re building for the future, and Ilyasova could be part of that future. He can play either forward position, can hit the three (36%), is a pretty good defender and rebounds almost as well as Murphy (rebound rate: 17.1 to 15.3). Plus, he’s only 22, so he has room to grow.

Milwaukee should be looking to upgrade at shooting guard and small forward. Caron Butler would be a good fit, but the Bucks don’t want to make the same mistake they did with Richard Jefferson. Unlike Jefferson, Butler’s contract isn’t a cap killer. Unfortunately, the Bucks don’t have the pieces to acquire Butler unless the Wizards are willing to give him up for expiring contracts and a mid-first round pick. I’m not even sure I’d include Ilyasova in a deal for Butler as I think he (Ilyasova) could be a starter on a good playoff team in a couple of years.

The trade deadline is just a week away, so I thought it would be fun to play puppet master and propose a few blockbuster trades that should happen, but probably won’t. Let’s start with the least likely and work our way to the most credible. (Honestly, I had this idea before I hit the ESPN NBA page this morning and saw Chad Ford’s similar piece. Don’t worry, we don’t suggest any of the same trades.) Click on the link to see each trade in the ESPN Trade Machine.

1. Amare Stoudemire for David Lee
To make the salaries work, the Knicks would also include Jared Jeffries and Chris Duhon in the deal.
Why the Knicks should do it: Stoudemire had his best years under Mike D’Antoni and would welcome a reunion. He’s also a big name that would encourage another superstar to join the franchise this summer, and he’s more likely to re-sign with the Knicks because New York is the media capital of the world. They’d also benefit from clearing Jeffries’ salary from the books, leaving around $13 million in cap space to sign a big name (assuming Stoudemire does NOT opt out of the final year of his deal).
Why the Suns should do it: David Lee is a great fit for the Suns’ up-tempo system and he’s almost as good as Stoudemire (PER: 22.1 vs. Amare’s 20.2) at about 60% of the cost. Phoenix would pay a little more this season and have to take on Jeffries’ contract, but they’d have a young All-Star caliber power forward to build around. If they stand pat and Amare opts out, they stand to lose him with nothing to show for it, as they only would have around $4 million in cap space if Amare bolts.
Why it won’t happen: Phoenix won’t want to take on Jeffries’ contract for next season without a commitment from Lee to re-sign for a reasonable salary. He was asking for $10 million per season last summer, but his price is probably going up after making a push for the All-Star Game in 2010.

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Adrian Wojnarowski of Yahoo Sports writes that the Knicks are discussing a deal that would bring Tracy McGrady to the Big Apple.

The centerpieces of the trade would include the Washington Wizards shipping forward Caron Butler and center Brendan Haywood to the Rockets. The Knicks would send Al Harrington to the Wizards. For the Wizards’ part, they would still need another player, as well as a draft pick and cash to make this a workable scenario, sources said.

Let’s look at this proposed trade from the perspective of all three teams.

The Houston Rockets would be the big winner because they’d get Caron Butler and possibly Brendan Haywood. Haywood’s deal is expiring while Butler has one more affordable year ($10.6 million) on his contract. They’d essentially get an All-Star caliber player and a good defensive center for the price of a player that they’ve banished from their team (McGrady).

The New York Knicks would acquire T-Mac, who is a mystery at this point in his career. Can he still play? No one really knows. Since his contract is worth $22 million, just giving up Al Harrington ($10.0 M) isn’t going to be enough. They have a number of players with expiring contracts that they could include (Larry Hughes, Darko Milicic, Chris Duhon, Nate Robinson), but they would really like to unload Jared Jeffries, who has another year remaining on his deal. John Hollinger puts the Knicks’ playoff chances at 0.5%, so they don’t have much to play for this season. They probably weren’t going to re-sign Harrington anyway, so with this trade, they’d roll the dice on T-Mac and see if he has anything left. If they like what they see, they’d try to re-sign him this summer. If they can include Jeffries in the deal, it would be pretty much a no-brainer for the Knicks, which makes me wonder what Washington is thinking.

Ah, the Wizards. They’d essentially be giving up Butler and Haywood for Al Harrington and whomever else the Knicks sent them. It’s possible that the Rockets could send over a young piece like Kyle Lowry. Something like that would have to be in the works because it makes no sense to trade Butler for Harrington. They’re the same age and Butler is simply the better player. Unless they’re looking to completely blow the team up, the Wizards should focus on getting a young piece for Jamison, who is 33 and has a bigger contract.

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NBA.com’s David Aldridge does not like to write trade columns, but fans love them, so he relented. Here are a few of the more interesting tidbits:

…by this time next week, it’s almost a certainty that Caron Butler will be gone from Washington, and highly likely that Tyrus Thomas will no longer be a Bull. By the 18th, Indiana’s Troy Murphy and Philly’s Andre Iguodala are certain to have new addresses as well, though those teams may well go right up until the 3 p.m. deadline to max out their suitors’ offers.

Not a bad start. Aldridge predicts at least two stars (Butler, Iguodala) and two starter-quality players (Murphy, Thomas) will be on the move. Here’s what he says about Butler:

The Wizards’ desire to move Butler has only increased in recent days, since they found out they will indeed get some cap relief from the NBA this season after losing Gilbert Arenas and Javaris Crittenton to suspension for the rest of the season. Washington’s cap number will be reduced almost $4 million, according to sources — pro-rated amounts of the remainder of Arenas’s $16.1 million and Crittenton’s $1.47 million salaries — taking its cap number to a little more than $74 million. The cap threshhold is $69.9 million, meaning Washington could avoid paying tax if it can pare another $4 to $5 million in salaries off its books.

That means Butler, though I suspect the Wizards will ask inquiring teams to remove Mike James and/or DeShawn Stevenson from their payroll as well.

Butler winding up somewhere in Texas is most likely, with Washington probably deciding between Dallas’ and Houston’s competing offers before next week’s All-Star Game. The Wizards are determined to get a young player back, though, and the Mavericks’ only non-geezer is rookie guard Rod Beaubois — while Houston has a young guard like Kyle Lowry and an expiring big man contract in forward Luis Scola to pair with McGrady’s $22 million expiring deal.

With the way Antawn Jamison has been playing (22-10-2 in February), some consider him to be the Wizards’ most valuable trade asset. But at 33 years old and with a tough contract to swallow (two more years at the tune of $28.4 million), I believe Caron Butler is the better acquisition. Butler is four years younger and has just one year remaining ($10.6 million). Butler has had his ups and downs this season, but he’s a swingman in his prime and he proved he still has it in a brilliant 31-point, nine-rebound effort against the Magic the other night.

From a pure personnel standpoint, the acquisition of Butler makes more sense for the Mavericks, who would like to upgrade from Josh Howard. A small-ball lineup of Jason Kidd, Jason Terry, Caron Butler, Shawn Marion and Dirk Nowitzki would be pretty scary.

The Rockets already have Trevor Ariza and Shane Battier at small forward, so Houston’s interest seems to be more of the “buy low” variety, and that’s not a bad way to go about things. Daryl Morey has T-Mac’s $22 million expiring deal and several young assets — Lowry, Carl Landry and Chase Budinger — to dangle.

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In his latest Trade Buzz, Chad Ford writes that things on the trade front have been a little quiet lately. Here’s why:

One factor appears to be the looming battle over the next collective bargaining agreement, with negotiations expected to start soon. In front offices around the league, the feeling is that owners will fight for major concessions from the players in the next CBA, perhaps even a hard salary cap. With the uncertainty over the new CBA and the economy, some GMs are taking a cautious tack.

In addition to cap considerations, there is another perennial issue: Teams ask for a lot in early trade talks and often don’t feel a sense of urgency until the final hours before the deadline. As one GM told me: “There aren’t many teams that are willing to give teams cap relief this year. And the teams that are willing to do so are asking for a lot in return. I’m not willing to give up an All-Star to save money. But that’s what they want.”

There are some very big names that are available (Amare Stoudemire, Antawn Jamison, Carlos Boozer, Caron Butler, Ray Allen, Andre Iguodala and Devin Harris, just to name a few), and as non-playoff teams try to save money, it’s going to be interesting to see if cap space trumps talent over the next couple of weeks.

Mike McGraw of the DailyHerald.com doesn’t think the Bulls would trade Kirk Hinrich for Caron Butler.

The only benefit to the Bulls in this one is Hinrich’s deal runs two more years, while Butler is done after next season. Otherwise, it makes no sense for the Bulls and I’m reasonably certain it’s not happening.

Butler has played small forward his whole career, so plugging him in at two guard is a stretch. Then if the Bulls are intent on building a defensive base, which GM Gar Forman has promised several times, they wouldn’t trade one of their best defenders for someone from a team that has consistently refused to play defense over the years.

The biggest drawback is Butler makes about $1.5 million more than Hinrich next season and the Bulls can’t afford to squish their cap space next summer.

Butler is a prototypical small forward, so plugging him in at two guard is indeed a stretch. When I heard the rumors, I thought the Butler move would be a long-term replacement for John Salmons and (possibly) Tyrus Thomas. The Bulls don’t have a low post scorer, so their best bet is to go up-tempo and run Luol Deng at power forward.

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That’s the rumor, according to the Chicago Sun-Times…

Rumors were circulating Sunday that the Washington Wizards, in an attempt to shake things up, are shopping swingman Caron Butler, with the Bulls and the Miami Heat being the likely trading partners.

From the Bulls, the Wizards reportedly would seek guard Kirk Hinrich to provide some stability. The rumors also had the expiring contracts of Jerome James and Mike James being included, although the contracts of Butler ($9.78 million) and Hinrich ($9.5 million) are close enough to do the deal straight up.

Once thought untouchable due to his skill level and affordable contract, the Wizards are actually thinking about trading the 29-year-old Butler away. Next season, he is set to make $10.6 million in the final year of his contract. That’s not bad for a guy who has proven that he can score like Butler has. (He posted back-to-back 20+ point seasons with Gilbert Arenas sidelined.)

While I like Kirk Hinrich’s defensive mentality and willingness to share the ball, a straight up trade would be a coup for the Bulls if they can retain enough cap space to sign a big-name free agent (Dwyane Wade?) next summer. Butler’s salary next season is $1.6 million more than Hinrich’s, so assuming a cap of $50 million in 2010-2011, that would trim the Bulls’ cap space from around $12.5 million to less than $11 million. Of course, these figures assume that John Salmons does not terminate the final year of his deal (~$5.8 million).

With a core of Rose, Butler, Deng and Noah, the Bulls would be a very attractive place for Wade to land. The post mentioned that the Heat are also interested in Butler, which is interesting considering the Butler-to-Chicago rumors.

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