Magic Johnson: Wow wow WOW what a trade and big move by Jeanie and Rob to clear $32M in cap space! This move puts the Lakers in play for all of the free agents. I can’t wait until Sunday!! It’s going to be exciting!
Albert Nahmad: Wizards will likely take Mo Wagner and Isaac Bonga into their $5.5M trade exception (leaving $2.0M remaining), while Jemerrio Jones will be taken into the minimum salary exception.
Albert Nahmad: Pelicans trade structure doesn’t change. They’ll create an $11.1M trade exception (plus a $12.8M trade exception from Solomon Hill trade, unless they combine Davis trade into a 4-teamer, at which point they can get one $27.1M trade exception). They might choose cap room anyway.
The Los Angeles Lakers are trading Moritz Wagner, Isaac Bonga and Jemerrio Jones to the Washington Wizards as part of a three-way deal that landed New Orleans Pelicans star Anthony Davis with L.A., clearing the way for maximum salary space in free agency, league sources tell ESPN. As part of the deal to unload those contracts and salary, Davis plans to waive his $4 million trade bonus, which will push the Lakers cap space to $32M for the start of free agency.
Bobby Marks: Here is the timeline on how the Lakers will utilize cap space on July 6: Step 1: Use the $32M in room in free agency Step 2: Conduct the Anthony Davis trade (acting as a team over the cap) using the 125% trade exception
#Wizards sending $1.1 M to the New Orleans Pelicans as part of this team, The Post has learned. Story coming.
Adrian Wojnarowski: Lakers GM Rob Pelinka has found a way to complete the Anthony Davis trade on July 6 with max space to spend on a single free agent -- or divide the money among multiple players.
Bobby Marks: The mindset for now for LAL is to use the $32 million salary slot on one All-NBA player or split the money up between 2-3 players. Washington will take back the players sent from Los Angeles with the $5.45M trade exception that was created in the Dec. 2018 Jason Smith trade.
Candace Buckner: Confirming @Adrian Wojnarowski’s report: #Wizards send cash to New Orleans and get three players in trade with LAL
Bobby Marks: As part of the deal, Jemerrio Jones will amend his contract from $0 to $199K. The guaranteed portion will allow Los Angeles to take back the Anthony Davis $27.1 million salary. A smart and creative move by the Lakers front office.
Adrian Wojnarowski: The Lakers are trading Mo Wagner, Isaac Bonga and Jemerrio Jones to Wizards as part of the Anthony Davis deal with New Orleans, league sources tell @Zach Lowe and me. Deal clears contracts and creates more cap space for free agency.
Adrian Wojnarowski: The Lakers will start free agency with $32M in salary cap space. The Lakers have the ability to sign a max player now.
Sam Amick: Sources tells @TheAthletic that the Anthony Davis trade is expected to be completed on July 6 and that New Orleans holds control of the timing. As it stands, that would leave Lakers with $23.7 million in cap room - $27.7 mil if AD waives trade kicker.
Sam Amick: If Lakers want more cap room, they’d have to incentivize Pelicans to alter deal by adding additional pieces and New Orleans could refuse. Atlanta’s current expectation is that Hawks should have the fourth pick for summer league.
Bobby Marks: Los Angeles was operating that July 6 was the target date for the Davis deal but had a 10-day window to move contracts to a third team and expand the trade. The Pelicans would need to cooperate in order to expand the deal.
The Los Angeles Lakers are scrambling to reshape the parameters of the Anthony Davis trade with New Orleans and create the capacity for $32 million-plus in salary-cap space when the free-agent moratorium ends on July 6, league sources told ESPN.
The Lakers were engaging additional teams on Tuesday to take on the contracts of three of the remaining five players on the team's roster --- Mo Wagner, Isaac Bonga and Jemerrio Jones -- league sources said. Kyle Kuzma and LeBron James are the only other two Lakers remaining on the team's end-of-season roster.
Nate Duncan: If AD trade is executed July 6, even if Lakers can strip it down to LeBron, AD, and Kuz and even if AD waives his full trade bonus, they'd only have ~$29.3m available (re @Adrian Wojnarowski report on trying to get as much space as possible)
Adrian Wojnarowski: Lakers are trying to expand Anthony Davis trade and create ability to open max salary slot on July 6, sources tell @Bobby Marks and me. Lakers offering contracts of Mo Wagner/Jemerrio Jones/Isaac Bonga to additional teams, so LA can satisfy CBA rules on creating $32M in space.
Boston: The Celtics had long been a destination possibility for Davis, but Davis and those close to him made it clear that Boston was not a preferred long-term team. Davis had no interest in playing a single game for Boston — negotiating tactic or not. The gamble would have been heavy for Boston. Still, the Celtics engaged with New Orleans over the course of the past week. They were open to discussing Jayson Tatum and the future Memphis first-round pick but not in the same offer, sources said. Celtics president Danny Ainge will always swing for a tantalizing talent, but even he had to balance the risk and reward considering the uncertain future of his free-agent star, Kyrie Irving. For months New Orleans ownership and top business officials had believed a mega offer would come from Boston. There were offers. Just not the multiple top assets that many thought would come. Tatum, or the Memphis first-rounder, is a strong piece, but not enough to top the Lakers’ overall haul.
It wasn’t that long ago that Pelicans owner Gayle Benson had no interest in giving in to Davis’ wish to be a Laker, sources said. But after a cooling-off period, she made the right move for her franchise by agreeing to first-time Pelicans executive vice president David Griffin’s call to move on and push the button with the Lakers.
Before Saturday’s league-altering trade between New Orleans and the Los Angeles Lakers, which sent Lonzo Ball, Brandon Ingram, Josh Hart and three first-round picks to the Big Easy for Davis, the Nuggets did their due diligence on a potential Davis deal, according to a league source.
Davis, who can be a free agent next summer, had long made it known that he wanted to play alongside LeBron James in Los Angeles. If the Nuggets believed that Davis would’ve considered staying past next season, they would’ve been more aggressive in trying to acquire the six-time All-Star, according to a source. They were confident that that wasn’t the case.
Furthermore, the Pelicans insisted that any potential deal for Davis had to include Nuggets rising star Jamal Murray. That was a non-starter for the Nuggets, who a month ago finished their most successful season in a decade.
Yes, the Celts still tried to negotiate a trade with New Orleans, but according to a Pelicans source, the offers were understandably never as good as intimated back when there was still a reasonable belief Irving could be kept. In that scenario, it was presumed the Celtics would have opened their asset locker wider to take a shot at an Irving-Davis ticket for 2019-20, hoping that success would entice the latter to remain for a longer term.
In the current situation, that same source indicated that, contrary to reports, the Celts weren’t entirely closed to the idea of including Jayson Tatum in the deal, but that there wouldn’t have been much else included.
Although the Pelicans are open to working with the Lakers and delaying the trade, it’s unlikely that will happen, according to multiple people familiar with their thinking. New Orleans’ priority will be to make the fourth pick as attractive as possible to another team.
Because of salary cap rules, if the trade is consummated in late July, the Lakers would have the space to add another maximum contract. That cap space could be used on players like Kyrie Irving or Kemba Walker, all-star point guards who will be free agents. That scenario would require the Lakers to draft the fourth overall pick for the Pelicans, or whatever team has its rights by the time of the draft, then sign that player as quickly as possible. League rules do not allow a signed draft pick to be traded for 30 days, which would make July 20 the earliest date the trade could be consummated.
The Boston Celtics were serious about trading for Davis, as well. They were willing to discuss young, talented players such as Jayson Tatum, Jaylen Brown and Marcus Smart, according to sources close to the negotiations. But the Celtics were never going to give up as much as the Lakers.
Calling those discussions in February "negotiations" is a bit of a stretch. The Pelicans were never serious about dealing with the Lakers then. They didn't like being forced into this position by Davis and his representative, Rich Paul. And they probably weren't going to let former general manager Dell Demps make this big of a decision anyway. So the Lakers -- really just Johnson, because Demps wouldn't talk to Pelinka -- would call and Demps would write names on the board without giving them any feedback. Those names would leak publicly and do damage to the Lakers' team chemistry.
When everyone came up for air and surveyed the damage, both sides realized there was still a hell of a deal to make if they could get over themselves. Said one source close to the negotiations, "The biggest difference this time was David Griffin [the new Pelicans executive vice president of basketball operations]. He wasn't involved before. He could negotiate frankly and fairly."
Adrian Wojnarowski: For now, expectation is Anthony Davis trade will be completed on July 6, league sources tell @Bobby Marks and me. Assuming Davis declines to void $4M trade bonus, this leaves Lakers with $23.7M in space. There is chance that could be amended to July 30, but it’s still 6th now.
The Post reported last week the Pelicans didn’t view the Knicks’ young assets as especially attractive in comparison to other Davis suitors, feeling they needed a third team more than any other squad involved. According to an NBA source, the Knicks “weren’t close” to having a major package to entice New Orleans on a deal. The Lakers didn’t need a third team to land Davis and unite him with James, but they have, as one NBA executive put it, “mortgaged their future for a very small window with LeBron.’’
Tim Bontemps: The Pelicans will get the following picks from the Lakers, league sources tell ESPN: No. 4 pick in 2019 Top-8 protected in 2021, becomes unprotected in ‘22 Unprotected swap in ‘23 Unprotected first in ‘24 Unprotected swap in ‘25 Tremendous haul for David Griffin & the Pelicans.
Tania Ganguli: A clarification on the haul of draft picks heading the Pelicans' way. The 2021 pick goes to New Orleans if it's in the top eight, if not they'll get an unprotected first in 2022. Swap in 2023. Unprotected first in 2024, with a right to defer to 2025.
Said one source close to the negotiations, "The biggest difference this time was David Griffin. He wasn't involved before. He could negotiate frankly and fairly."
Some thought that the final iteration of the Lakers-Pelicans deal would be a three-team deal, involving New Orleans potentially forwarding along No. 4 to another team, or the Lakers spearheading things and forwarding it along to another team prior to the trade itself for a player the Pelicans valued more than the pick. Indeed, sources indicated that the Pelicans are said to have had communications with teams prior to this deal in order to gauge value on what the pick could be worth. The Pelicans think that with the pieces acquired here, in addition to Zion Williamson and Jrue Holiday’s presence, they could be in the mix for a playoff spot this year despite dealing Davis for what is ostensibly a futures-based package. If they can make a move that allows them to remain flexible into the future while also getting someone that fits their longer term timeline, that would be attractive to them.
Sometimes a bettor’s timing seems too good. The Westgate in Las Vegas took a $10,000 bet on Saturday at 3 p.m. local time on the Los Angeles Lakers to win the 2020 NBA title at 5-1 odds. Twenty seven minutes later, ESPN’s Adrian Wojnarowski tweeted that the New Orleans Pelicans had traded Anthony Davis to the LA Lakers to join LeBron James. “I’m sure it was with knowledge, but that’s why we have liability limits in place,” said Jeff Sherman, manager at the Westgate. The liability limit for futures was set at $50,000.
The Celtics, meanwhile, will pull back and most likely build around their young core, with Jayson Tatum and Jaylen Brown as the centerpieces. According to a league source, the Celtics never felt like a deal for Davis was close as discussions unfolded this past week.
Boston had a better collection of assets and young players to dangle if it chose. But the source said that the uncertainty surrounding Davis’s future had made the Celtics reluctant to overwhelm the Pelicans with their best possible offer, and that they had abstained from including Tatum in their packages.
There was some belief that the Celtics should chase Davis at any cost and attempt to win a championship next year, just like the Raptors successfully did with Kawhi Leonard this season. But sources said the Celtics also had concerns about giving up so many important pieces of their roster that they would not necessarily even be a championship-caliber team with Davis next season.
Even if Irving departs, the Celtics remain optimistic about the state of the franchise. They hold the 14th, 20th, and 22nd picks in this draft. Even though some, if not all, of those picks likely would have been shipped out in a Davis deal, sources said the pursuit of Davis did not affect the team’s draft preparations, as they carried on, business as usual. According to a league source, the Celtics will continue to explore ways to potentially use some of those picks in deals for other current players, but that nothing was imminent.
The Pelicans' return for Davis was substantial and perhaps even more impressive given that the market had shrunk on New Orleans, based upon rival teams believing Davis would ultimately become just a one-year rental before leaving for the Lakers next summer.
The Pelicans will now have two of the top four picks in Thursday's NBA draft -- No. 1 and No. 4. New Orleans will select Zion Williamson at No. 1 and now has the flexibility to select a player at No. 4 -- or trade it at auction in the next several days. New Orleans has had significant interest in talks with teams in recent days on the fourth pick, and those talks are expected to continue over the next several days, sources said. Teams are pursuing point guards Darius Garland and Coby White high in the lottery, which gives New Orleans a chance for an even bigger haul from the deal.
Chris Mannix: Lakers get Davis without having to surrender Kyle Kuzma, important as they fill out the roster for next year. Pelicans get a haul, but this is a big day for Rob Pelinka. Lakers get their man.
There is still some hope within the organization that Irving will have a change of heart if Boston is able to acquire Davis. And Irving’s fickle personality certainly makes anything possible until he officially agrees to terms with some team.
But the likelihood of an Irving return appears to be decreasing. Nevertheless, the sources said, it is clear that the Celtics’ pursuit of Davis will push forward.
It is widely known that the Celtics have the shiniest collection of assets for a potential Davis deal, but there are questions about how far they would open their treasure chest. One league source said the uncertainty surrounding Davis’s long-term future in Boston has thus far limited the Celtics’ willingness to overwhelm New Orleans with an offer.
Although the tenuous situation may have affected the Celtics’ trade offers so far, the sources said Boston remains quite interested in Davis, regardless of Irving’s future. There has been some suggestion that the Pelicans will push to complete a deal soon so they will have more time to evaluate prospects they could select with whatever draft picks they receive in trade. But a league source said that notion has been overblown, and that New Orleans is confident in its multiyear evaluation process of current prospects.
Yossi Gozlan: Knicks exercising Trier for 2019-20 knocks down maximum cap space from $73.2M to $70.5M. Still enough to sign Irving and Durant to maximum deals. Also, pathway to sign both and trade for Anthony Davis still in play.
ESPN's Rachel Nichols asked Brian Windhorst on Thursday's episode of The Jump if Pelicans executive vice president of basketball operations David Griffin was using the Lakers' offer as leverage to gain more assets from the Celtics, and Windhorst said he believed that to be the case: "I think it's a good sign that David Griffin is shopping the No. 4 pick. That at least means he's open to a deal with the Lakers. But I think all of this is a maneuver to draw as much as he possibly can out of the Celtics. They've preferred to deal with the Celtics since Dell Demps was the general manager. The Lakers' offers haven't changed that much. They have a higher pick, but they don't really have different players to offer. If he really wanted to make the Lakers deal, and he really wanted the draft pick, he would've already made the Lakers deal."
Should Irving leave, and the team’s bid for an Anthony Davis trade fall through, then short of moving ahead with what’s left, Danny Ainge’s creativity will be tested like never before. Though he wouldn’t share specifics, Grousbeck has admittedly heard some fairly exotic scenarios being discussed. “There’s definitely scenarios being spun inside the basketball office,” he said. “I’m there every day listening to them, that involve a number of players. I’ve heard a lot of scenarios. We’ll just see what happens.”
According to ESPN’s Brian Windhorst, the Pelicans and Celtics are involved in a stare-down, and he thinks the Los Angeles Lakers are being used to drive up the price for his star. “I think it’s a good sign that David Griffin is shopping the number four pick. That at least means he’s open to a deal with the Lakers,” Windhorst said. “But I think all of this is a maneuver to draw as much as he possibly can out of the Celtics.”
Brian Windhorst: “They’ve preferred a deal with the Celtics since Dell Demps was the GM. The Lakers offers haven’t changed that much... if he wanted to make the Lakers deal, and if he really wanted the draft pick, he would have already made the Lakers deal.”
Marc Stein: The Lakers, thus far, are sticking to their no-Kuzma trade posture ... but let’s see if they maintain it with the draft only a week away now. L.A. knows it likely needs to land Anthony Davis before June 30 to become a factor in chasing a prime free agent to join a LeBron/AD duo
Durant, Leonard and Davis are the three best players available and are the only three stars the Clippers are actively pursuing. The Clippers are firmly in contention for Leonard and/or Durant, but Durant’s torn Achilles in Game 5 of the NBA Finals on Monday night — as well as Leonard’s Finals run with the Raptors and Davis’ recently revised trade list — has somewhat clouded the offseason forecast. That is compounded by the fact that missing out on the stars they want will not force the Clippers into a reactionary decision — be it a signing or trade — this offseason, league sources told The Athletic.
Bobby Marks: Keep in mind that Anthony Davis has a 15% trade kicker worth $4M after July 1. Not altering the bonus would have big financial implications on what Boston would have to send out and toward what type of flexibility Los Angeles could have.
The Boston Celtics and Los Angeles Lakers are engaged in separate trade talks with the New Orleans Pelicans in pursuit of All-NBA forward Anthony Davis, league sources told ESPN on Wednesday. The Lakers and Celtics are negotiating competing trade packages to acquire Davis, whom New Orleans EVP of Basketball Operations David Griffin seems intent on trading prior to the NBA draft on June 20, league sources said.
The New Orleans Pelicans are interested in three of the Lakers’ young players — whether that’s Lonzo Ball, Brandon Ingram, Kyle Kuzma or Josh Hart — and the No. 4 pick in order to acquire Davis, according to people familiar with the trade discussions who were not authorized to speak publicly because of the fluidity of the situation. It’s possible New Orleans could use the No. 4 pick to acquire a player from a third team.
Among the current young Lakers, New Orleans covets Kuzma the most. According to people familiar with the Lakers’ thinking, Kuzma has ingratiated himself with the organization both on the court and off, and management does not want to trade the forward, who is entering his third season. The Lakers might have an opportunity to keep their No. 4 pick should they agree to part with Kuzma.
Marc Stein: The Lakers' ability to seal a deal for Anthony Davis likely hinges on what the No. 4 pick can fetch. If the No. 4 pick can land a player to excite New Orleans, on top of Ingram and Ball, then the teams are headed for an agreement in principle before draft night next Thursday
Marc Stein: My sense is that the Lakers, to this point, have tried to keep Kyle Kuzma out of the talks and the full package New Orleans would receive in an Anthony Davis deal obviously depends on what the third team provides
Tania Ganguli: One player that the Lakers’ trade discussions with the Pelicans for Anthony Davis could hinge on? Kyle Kuzma. The Lakers do not want to trade him, but the Pelicans want him as part of a package, sources tell me and @Brad Turner.
Marc Stein: The Lakers have made Brandon Ingram, Lonzo Ball and the No. 4 pick in the June 20 draft available in trade talks with the Pelicans, league sources say. New Orleans has made it known it hope to assemble a three-teams-or-more deal before surrendering Anthony Davis
July 23, 2021 | 5:54 pm EDT Update
Marc Stein: Today’s @Spotify Greenroom discussion about Kawhi Leonard was based on what I reported last Friday via Substack: https://marcstein.substack.com/p/bucks-cp3-got-what-they-wanted There are teams that no longer make the blanket assumption that Kawhi will stay with the Clippers and plan to pursue him if they get the chance.
After multiple reports suggested Lillard could ask out of Portland, he clarified last week that such rumblings were inaccurate. Simmons, currently the only All-Star known to be shopped by his team, is also unlikely to land with the Warriors. The 76ers are asking for a massive haul that includes an All-Star-level player. Per a league source, Golden State wouldn’t be willing to give up what it would take to get Simmons.
They might be better off zeroing in on a smaller move. A league source recently told The Chronicle that the Warriors are interested in packaging the Nos. 7 and 14 selections for a starting-caliber player, not necessarily an All-Star.
JD Shaw: Point guard Jeremiah Martin has committed to Vegas summer league with the Knicks, source tells @HoopsRumors.
Davion Mintz has become the first Kentucky men’s basketball player to reach an agreement with a shoe company during the name, image and likeness era of college athletics. While we’ve seen other players partner with smaller brands and companies – Dontaie Allen signed an apparel deal with The Players Trunk, while Kellan Grady partnered with iSlide for exclusive UK sandals, among others – Mintz announced a partnership with Reebok on Friday to become the first to UK player with a major shoe company agreement.
The partnership is expected to be an off-court deal, as NIL rules state players are not allowed to sign competing on-court apparel deals with rival companies. With Kentucky being a Nike school, Mintz’s partnership must be limited to time away from basketball.
July 23, 2021 | 5:30 pm EDT Update
Shams Charania: Denver Nuggets forward JaMychal Green has declined his $7.6 million player option for the 2021-22 season and will become an unrestricted free agent, sources tell @TheAthletic @Stadium.