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More on Wayne Ellington Free Agency

Adrian Wojnarowski: Agent Mark Bartelstein is working with the Suns to waive guard Wayne Ellington and allow him to join a playoff contender, league sources tell ESPN. Ellington is arriving with Tyler Johnson from Miami in the trade for Ryan Anderson.
Kyle Neubeck: Wayne Ellington is a player the #Sixers would have interest in if/when he is bought out by Phoenix, I'm told. Philly native would help offset loss of Shamet by adding some bench shooting.
The Miami HEAT announced today that they have re-signed guard Wayne Ellington. As per club policy, terms of the deal were not disclosed. “It’s great to have Wayne back,” said HEAT President Pat Riley. “He is one of our leaders. We are very pleased that he made the choice to stay. It means a lot to us.”
Barry Jackson: Heat would need Ellington's permission to trade him next season, because he's on a one-year contract with impending full Bird rights next summer. But no, they don't want to trade him. Heat now has 12 players with guaranteed deals. Wade, Haslem still unsigned. Carmelo, too.
“I feel great here in Miami,” Ellington said. “I’ve built very strong relationships with a lot of people. These guys that I go to war with every night, we’ve gone from strangers to teammates to brothers. This is where I wanted to be.”
“I don’t think we showed everything we were capable of last season,” Ellington said. “Already this summer, guys have been working. Guys have improved. That’s what it’s about. You’ve got to get better from within, from inside your team. And naturally, I think we’ll continue to get better.”
Wayne Ellington agreed to re-sign with the Heat on Thursday evening, according to a league source. It’s a one-year deal for $6.27 million – on par with what he earned last season. Discussions with Ellington dragged on for nearly two weeks because of the Heat’s reluctance to go heavily into the luxury tax.
Miami now jumps into the luxury tax after the Wayne Ellington signing. The Heat now have a team salary of $127M and over the tax by $3.2M.
Chris Haynes: Free agent sharpshooter Wayne Ellington and Miami have reached an agreement on a deal, league sources tell ESPN.
Wayne Ellington’s potential return to the Heat remained very much in question on Sunday, with nine other teams expressing legitimate interest in the free agent guard and Miami and Ellington failing to strike a deal in the first 18 hours of free agency. A league source said Ellington’s return to Miami remains a possibility and conversations are ongoing. But it is by no means a sure thing. The Heat said publicly and privately in recent weeks that they want to keep Ellington and would like to find a way to make it work. Ellington has said he prefers to remain in Miami.
Darren Wolfson: The amount of ex-#Twolves the Wolves have called on increases with Wayne Ellington. In case I forget to text you, @1500ESPNJudd, this can be your heads-up. I'm losing track of all the guys they have called on! Time to start making offers!
Wayne Ellington’s potential return to the Heat remained very much in question on Sunday, with nine other teams expressing interest in the free agent guard and Miami and Ellington failing to strike a deal in the first 18 hours of free agency. A league source said Ellington’s return to Miami remains a possibility and conversations are ongoing. But it is by no means a sure thing.
The Heat called Ellington to express interest in re-signing him shortly after free agency began at midnight Saturday night. But Miami in the past day also has privately expressed concern about the luxury tax, and that has left Ellington’s return in question and Miami at risk of being outbid for his services.
With the start of NBA free agency looming on July 1, one thing has become clear: Wayne Ellington, an impending unrestricted free agent, and the Heat would like to find a way to keep him on the team next season, according to multiple people with direct knowledge.
His return is not certain because of the possibility another team could offer Ellington more than Miami is comfortable paying, especially with the Heat needing to eventually trim salary to keep Ellington and avoid paying a luxury tax.
Barry Jackson: Riley, on free agent Wayne Ellington: "You definitely are going to prioritize [keeping] him."
But after averaging a career-high 10.5 points and shattering his personal-best with 149 threes, Ellington hopes he’s found a home. “This is the place that I want to be,” Ellington said following a season in which the Heat rallied from an 11-30 start to finish at .500 and fall one game short of the playoffs. “This is the place that feels like home to me; that feels really good to me. I feel like the things that we accomplished on the court show that. So we’ll see what happens, man, but I have a good feeling.”
Though Wayne Ellington said he has “a good feeling” about the Heat guaranteeing his $6.3 million salary by the July 7 deadline, that decision won’t be made until the Heat sees what it can do in the first six days of free agency.
Storyline: Wayne Ellington Free Agency
More HoopsHype Rumors
January 26, 2021 | 3:30 pm EST Update

Lonzo Ball available?

Feb. 6: most players who signed free-agent contracts in the offseason can begin to be traded. A team that is expected to be prominent in the trade market picture, rival teams expect: The New Orleans Pelicans. The franchise is off to an uneven 5-10 start to the season. New Orleans has been receiving calls about the availability of Lonzo Ball and JJ Redick and has shown an openness to discussing trades around both with interested teams, sources tell The Athletic. A move would create a clearer pathway for young guards Nickeil Alexander-Walker and Kira Lewis in the Pelicans’ rotation.
This rumor is part of a storyline: 16 more rumors

Stan Van Gundy safe

When the Pelicans hired Stan Van Gundy as the new head coach, Ingram and Williamson expressed strong desires to have the veteran coach come in and set the tone for accountability. It stings through defeat sometimes, but the Pelicans have so far been pleased with Van Gundy’s job early this season, sources said.
This rumor is part of a storyline: 58 more rumors
The two women have refereed countless games over the years. But this one — on a Monday night in late January — was different. For the first time in the NBA, when one woman officiating the game looked over at her partner on the court, she would see another woman. “Last night was not all business for us at all,” Schroeder told The Athletic on Tuesday morning. “That was a special night, a special game, and we appreciate that and are grateful for the moments we had throughout the entire day.”
Before the game started, the coaches chimed in on the significance as well. “I guess we all have a personal way to look at it,” Orlando’s Steve Clifford said. “For me, I have four nieces, and I have a goddaughter who I’m super close with. They’ll be watching … I think also just being around NBA officiating (I know) how difficult it is to break into the league, to be picked to be in the league. There’s obviously a huge number of people who want to be officials in our league. So there’s a lot of things that have to be done in order for anyone to be able to officiate at this level. I think it’s great for the league, but I just think it’s great for the country.”
January 26, 2021 | 2:56 pm EST Update

NBA agrees on framework for investment funds to own parts of teams

NBA owners have agreed on a framework allowing investment funds to own parts of franchises, according to two people with knowledge of the decision. The NBA’s Board of Governors has agreed that private equity and other types of institutional investors may own up to 20% equity in a single franchise, and funds may own stakes in a maximum of five teams.
No franchise can have more than 30% of its equity held by investment funds, no matter how many funds own a stake in the team, according to the people familiar with the owners’ decision. They asked not to be identified because they aren’t authorized to speak on behalf of the league. The NBA declined to comment through a spokesman. Sportico first reported owners were having discussions last week.
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