Category: Rumors & Gossip (Page 177 of 225)

Knicks suddenly busy on deadline day

The New York Knicks were suspiciously absent from lot of the trade rumors that have been flying the last few days, but that’s mostly because they weren’t in play for any of the big names. They’ve pulled off two deals and may pull off a third…

The Knicks have swung two deals.

No. 1: Tim Thomas, Jerome James and Anthony Roberson to Chicago for Larry Hughes

No. 2: Malik Rose and cash to Oklahoma City for Chris Wilcox

The contracts of Thomas, James and Hughes expire after next season, so in the first deal it looks like the Knicks are trying to make themselves better with Hughes. (I guess.) Rose and Wilcox both have deals that expire this season, so it appears that they’d like to add Wilcox to the mix in the frontcourt. He’s better than Rose, so it’s probably a good move depending on how much cash they had to throw at OKC.

The Knicks may also make a third trade:

Sources say the Kings have offered Kenny Thomas for Nate Robinson and Jared Jeffries. If the Knicks could move Jeffries, it would clear another $6.8 million in the summer of 2010.

The Knicks would have to give up the talented Robinson and eat Thomas’ $8.7 million salary next year … but it’s probably worth it to the Knicks. Especially now that they’ve shored up their offense with the deals for Larry Hughes and Chris Wilcox.

So the Knicks would part ways with the diminutive but talented Nate Robinson in order to give themselves even more cap space in the summer of 2010. This deal might be the result of the possibility of the cap decreasing over the next two years. The Knicks may be looking at their books and realizing that they can’t pay David Lee, Nate Robinson and have enough left over to sign two big-name free agents next summer.

If they were to pull off this trade, they would be on the hook for only $16.7 million heading into next summer. Assuming the cap ends up at $56 million (or so) that leaves $39 million in cap space. If they can sign Lee to a deal averaging around $8 million per season, that leaves $31 million for a superstar or two.

NBA trade rumors: Shaq to Cleveland?

6/16/09 Update: For discussion about the more recent Shaq rumors, click here.

6/25 Update: Shaq has been reportedly traded to Cleveland.

The trade deadline is at 3 PM ET today, and the rumors are flying fast and furious. I’m not going to spend too much time on each one, but here’s a rundown of the rumors…

Yahoo! Sports says that the Cavs are considering acquiring Shaquille O’Neal at the cost of Ben Wallace and Sasha Pavlovic. I’m not sure what the upside is here for the Suns other than the fact that they’d get about $5 million in cap relief next season when Pavlovic’s salary comes off the books.

– The NBA league office apparently sent out a memo warning of drastic reductions in the salary cap and luxury tax thresholds, which may have a few teams scrambling today.

– There was some talk of a Tracy McGrady-for-Baron Davis deal, but that rumor seems to be dead.

– The Suns are reportedly still trying to pry talent away from the Grizzlies, offering up Amare Stoudemire for Mike Conley, Rudy Gay, Hakim Warrick and a 2009 first round draft pick. Unsurprisingly, the Grizzlies have declined.

– The Bucks are trying to get out from under Richard Jefferson’s contract and they’ve been making some headway with the Blazers and Cavs about Raef LaFrentz and Wally Szczerbiak, respectively.

– The Cavs have been trying to pry Antwan Jamison away from the Wizards, who might be more willing to deal today with the news about the (possible) significant drop in the luxury tax threshold.

– The Vince Carter-to-the-Spurs talk has died down because they don’t want to give up Roger Mason or George Hill in the deal. Apparently, they want the Nets to give Carter away.

Deadline day is like a poker game with 20 people playing. Teams are holding out until the last minute hoping that they can get the best deal. Complicating matters is the state of the economy and the financial strength of the NBA. There could be a flurry of trades today or everyone could stand pat.

Not so fast! OKC rejects Chandler trade


Typically, before any NBA trade is finalized, team doctors take a look at the new players and make sure they are fit for duty. Apparently, the doc in Oklahoma City doesn’t think Tyson Chandler’s toe is up to snuff.

Tyson Chandler missed the New Orleans Hornets’ last 12 games before the All-Star break with a sprained left ankle. But that had nothing to do with why he failed his physical with the Oklahoma City Thunder and was thus sent back to the Hornets on Wednesday.

After examining Chandler’s left big toe, Dr. Carlan Yates, Oklahoma City’s team physician, determined that the risk of re-injury was too great to give Chandler a clean bill of health. He therefore advised the Thunder to rescind Tuesday’s trade that landed them Chandler for Joe Smith, Chris Wilcox and the rights to Devon Hardin.

“This is absolutely crazy,” Chandler said in a telephone conversation Wednesday night. “I’m super shocked. This is nuts.”

Chandler, 26, was baffled by Yates’ ruling in part because Yates performed surgery on Chandler’s big left toe in April of 2007 when the Hornets were playing in Oklahoma City. Chandler played 79 games the following season and while he’s missed 19 games this season, none have been because of his toe.

“He said he doesn’t know how long I’ll last,” Chandler said in reference to Yates. “He told me, ‘I have no doubt you can play on it. I’m just saying it could take a turn for the worse if you come down on somebody’s foot or hyperextend it or something.'”

Oklahoma City was looking at Chandler as a long-term solution in the middle, but concerns over the toe made it impossible to count on him in that capacity. They didn’t want to take the risk, and that’s their right. They can now use that cap space on another center this summer or next.

For the Hornets, it makes for a somewhat awkward reunion. David West and Chris Paul were none too pleased about the decision to trade Chandler away, so they were happy to hear the news. For his part, this is what the Hornets’ GM had to say.

“We welcome Tyson back with open arms,” Hornets general manager Jeff Bower said. “We went into this trade to garner more frontcourt depth to add to our team as we continue our push towards the playoffs. We expect Tyson and the rest of our big guys to step up to the challenge.”

All right, Bower is flat out lying here. They tried to make this trade for salary cap relief, not to “garner more frontcourt depth.” West said it best…

“This move has nothing to do with basketball. It was strictly a business decision. Using some common sense, that’s what it came down to. I was hoping that all of it was a rumor. We have now become one of the smaller teams, and we really have put ourselves back in the situation we were in two years ago when we had a big hole in the middle.”

If Chandler is able to return and get back to the type of play we’re used to, the Hornets will once again be a major factor in the Western Conference playoffs. His PER was a stellar 17+ the last two seasons but it is sitting at 14.16 right now, and injuries are to blame.

Report: Colts to cut Marvin Harrison

NFL.com’s Adam Schefter reports that the Indianapolis Colts will cut 36-year old Marvin Harrison soon.

Marvin HarrisonIt’s no longer a question of if Harrison, 36, will be let go. It has become a question of when. It will happen in the coming days, certainly before the new league year starts a week from Friday, but few are sure exactly when.

But make no mistake: It is happening. The Colts no longer can afford to carry Harrison, who is scheduled to have a $13.4 million number for an Indianapolis team that is starving for more salary-cap room to deal with free-agents-to-be such as CB Kelvin Hayden.

If the Colts were to release Harrison, his $13.4 million number instantly would come off the books, saving the team $7 million against the cap. Harrison still would count $6.4 million in dead money, but more importantly, there would be the $7 million savings.

Plus, the Colts have been bracing for this day, drafting Anthony Gonzalez in the first round and grooming young WRs Roy Hall and Pierre Garcon.

This day was coming. Harrison can still play and he can still play effectively in the Colts’ offense, but this decision comes down to money. Indy can’t afford to pay a 36-year old wide receiver $13.4 million when they’ve got holes on the defensive side of the ball. Plus, Reggie Wayne is a true No. 1 and Anthony Gonzalez is more than capable of being a solid No. 2.

The question now becomes: where does Harrison go from here? Unless he takes offense to the Colts releasing him, why couldn’t he return to Indy at a reduced price? The Eagles might be another option for him because he’s from Philly. The Jaguars are always in need of wideouts and the Dolphins could use a boost to their receiving corps, too.

Either way, I don’t foresee Harrison retiring if/once Indy does release him. He’ll wind up somewhere next year.

NFL offseason link dump: Suggs tagged, long-term contract for Asomugha coming?

Terrell Suggs– The Ravens officially assigned the franchise tag to defensive end/linebacker Terrell Suggs. The team will now turn its attention to signing Suggs long term, as well as figuring out what to do with pending free agents Ray Lewis, Jason Brown and Bart Scott.

– The Sacramento Bee is reporting that the Raiders could be close to re-signing top free agent cornerback Nnamdi Asomugha to a long-term contract.

– Speaking of the Raiders, the National Football Post reports that Oakland is actively shopping defensive end Derrick Burgess.

– The Colts re-signed cornerback Kelvin Hayden to a five-year, $43 million contract, which includes $22.5 million in guarantees.

– Rams assigned the franchise tag to free safety O.J. Atogwe, who has been the team’s best defensive back over the past couple years. If Atogwe signs the tender, he’ll be paid $6.34 million guaranteed this season.

– The Buccaneers placed the franchise tag on wide receiver Antonio Bryant, who emerged as a true playmaker last year. He’ll get $9.88 million for one season if he signs the tender.

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