Kelly Olynyk is likely to have interest from Detroit, which needs another big after trading Mason Plumlee and could use his shooting. The key here is that the Pistons have enough cap room to pay him above the MLE, his likely price target from several other suitors. The Pistons also may bring back veteran Cory Joseph, even though they just waived him, as his price on a new deal will be significantly less than the contract they just expunged.
The team could also pursue Spurs forward Rudy Gay and former Celtics forward Kelly Olynyk, according to a league source.
They can sign Olynyk without touching their mid-level exception, an option that could be even more attractive if the rebuilding eventually makes him a trade piece should they get a chance to use one of their first-round picks for a foundation star. Beyond that unpredictable possibility, Olynyk’s offensive production and versatility, along with his fit in Stephen Silas’ preferred style, give him an ability to play with other big men. He is considerably less versatile defensively, however, which could make him a good option but not a solution in the frontcourt. Still, the effectiveness of the Rockets’ offense in the final weeks could point to Olynyk’s value regardless of how other parts of the rebuilding plays out.
Though the Rockets were happy to add Olynyk when they opted to trade Victor Oladipo at the deadline, Olynyk exceeded every expectation offensively. He was even better around the basket than they might have anticipated, making 73.7 percent of his shots within five feet, and averaging 1.16 points per post up possession, he valuable as a playmaker.
With the revised NBA schedule, the final qualifying tournament for Canada will be June 29 to July 4 in Victoria, B.C. If all goes well, a spot in the Tokyo Olympics July 23 to Aug. 8 will come before free agency. Players often choose to be cautious about any chance to sustain an injury when they are not under contract, but Olynyk said Wednesday he still hopes to compete. “That’s obviously my goal,” Olynyk said. “Obviously, I played for Canada for more years than I played in the NBA. It’s always been a goal of mine to play in the Olympics and represent Canada on the highest stage. Hopefully, we can this summer. Hopefully, I get that opportunity.”
At the time, the NBA was on its normal schedule, allowing players to complete their free agency decisions before the usual Olympics schedule. The revised schedule, however, would give him something to consider, if not necessarily enough to change his plans. “It definitely does change that,” Olynyk said. “Usually, your free agency is done July 1 and the Olympics are the beginning of August and you’re good to go. Now, the Olympics are the end of July and free agency is the beginning of August, so it’s kind of flip-flopped. Obviously, that plays a role and you have to think about it, whether it’s insurance or what the best route to go is. We’ll cross those bridges when they come but my goal is to go out there and play and represent my country.”
Kelly Iko: Stone says there’s potential for futures with the team past this season for Olynyk and Bradley. “One of the advantages of the rebuild is there’s a place for veterans, stabilizing influences, helping younger players develop in the right way.”
Barry Jackson: Kelly Olynyk has now officially opted into his contract for next season for $12.2 million, per source.
Ira Winderman: Pat Riley says Heat have not been informed by Kelly Olynyk about his player option for next season, with that deadline on Thursday. He said Heat have yet to decide on qualifying offers to two-way free-agents Kyle Alexander, Gabe Vincent.
Another Miami note, Heat center Kelly Olynyk is exercising his player option, as expected, a league source told HoopsHype.
Tim Reynolds: Kelly Olynyk's option deadline is 5pm Thursday, for Heat fans who may be wondering. He is expected to opt-in, but technically has until Thursday to decide.
Albert Nahmad: The deadline for Kelly Olynyk to exercise his player option with the Heat is Thursday, 11/19 at 5:00 pm ET.
Barry Jackson: Olynyk said hasn't considered whether to opt out of contract after season. Would be stunning if he opts out of 12.2 M in this NBA economy
Michael Grange: Interesting speaking with Heat’s Kelly Olynyk regarding national team next summer, as a pending free agent. “I’ve been there year-in, year-out ... but definitely [my contract] is there. It’s a lot to risk, especially with me getting hurt last year ....”
Kelly Olynyk received a call from the Heat shortly after Hayward agreed to a deal in Boston, and he quickly committed. “It all really happened so fast, things really fell into place, they were really interested,” Olynyk said. “It was surreal. [Team president Pat Riley and coach Erik Spoelstra], those are guys who have been through everything, won championships, both as coaches. They run a tight ship down there and I like what they presented and had to offer.”
The Miami HEAT announced today that they have signed forward Kelly Olynyk. As per club policy, terms of the deal were not disclosed.
“As soon as Kelly Olynyk became an unrestricted free agent, we pursued him,” said HEAT President Pat Riley. “He is not only a post player, he can also play away from the basket. What we like the most is that he is a playmaker, tough defender and rugged rebounder. At just 26 years old, he fits in perfect with our young core that will play together in their primes.”
David Aldridge: Source confirms four-year, $50M deal for Kelly Olynyk in Miami (@Adrian Wojnarowski first). Deal includes fourth-year player option, per source.
Barry Jackson: Heat ultimately thought Olynyk was better player than Gay at that money. Concerns with Gay on several issues, including Achilles return.
Albert Nahmad: Waiters gets 4-years, $52M. Olynk gets 4-years, $50M. Including Ellington, McRoberts and Babbitt, Heat would have up to $6M cap room left.
Adrian Wojnarowski: Free agent Kelly Olynyk has agreed to a four-year, $50M-plus deal with the Miami Heat, agent Greg Lawrence tells ESPN.
Mike Fisher: #Cowboys fans, if you don't mind, a #FishTips #Mavs TweetStorm a'comin: 1) Olynyk 'wants more $ than (Dallas) wants to pay.' - Source
Boston has already renounced its rights to Kelly Olynyk, a key offensive spark off the bench with his ability to score from the perimeter. Now it looks as though the Celtics will have to trade away one of its elite defenders in order to continue shedding salary. And the three targets most teams have focused on, are Avery Bradley, Jae Crowder and Marcus Smart. Terry Rozier is also available, but the market for the aforementioned players has been much stronger.
Sam Amick: Lots of interest for Kelly Olynyk, I'm told, with Nets, Pacers, Kings, Jazz coming on strong. Pacers are trying to shed salary to land him
Adrian Wojnarowski: Flurry of action surrounding Olynyk, with multiple teams gauging his price point in unrestricted free agency now, league sources tell ESPN.
Adrian Wojnarowski: Boston has renounced restricted free agent Kelly Olynyk, allowing him to become an unrestricted free agent, league sources tell ESPN.
Adrian Wojnarowski: There will be a strong market for Olynyk, whose cap hold needed to leave Boston payroll to create space to sign Gordon Hayward.
With Gordon Hayward now agreeing to a four-year $127M max contract, Celtics management now has a series of transactions to do in order to create cap space. The Celtics would have to pull the qualifying offer on Kelly Olynyk, renounce free agents Jonas Jerebko, James Young, Gerald Green and waive the contracts of Jordan Mickey and Demetrius Jackson (or trade).
Adam Himmelsbach: According to a league source, the Celtics have extended a qualifying offer to Kelly Olynyk.
Steve Bulpett: Celtics will give the qualifying offer to Olynyk. He would still likely be gone if the C's reach agreement w/Hayward. They'd need the space.
Adrian Wojnarowski: Sources: Boston's pursuit of cap space makes it increasingly likely Kelly Olynyk becomes unrestricted free agent. He'll have strong market.
Kelly Olynyk understands the Boston Celtics' salary-cap situation will loom over his restricted free agency this summer, but said he will not worry about how the team's pursuit of top targets could impact his future. "It is what it is," Olynyk said Thursday afternoon after appearing at a Shamrock Foundation carnival for students who achieved perfect attendance throughout the school year, boosted their grades considerably or won one of the Celtics' annual writing or art contests. "I love that we have so much that can go on. (Celtics president of basketball operations Danny Ainge has) put our team in a position where that's the case, and that's why we were No. 1 in the East, that's why we're still trending upwards. And hopefully we can do something this summer that keeps us trending that way."
Jay King: Olynyk on FA: "I haven't thought a lot about it, but we'll see what happens." Said he would love to return. Doesn't know what to expect.
Big man Kelly Olynyk, who rescued the Celtics with Game 7 heroics against Washington, is a restricted free agent, and while Boston does not want to lose him outright, a sizable offer from another team could price him out of the Celtics’ range. If possible, too, the Celtics would like to find a taker for big man Tyler Zeller, who is owed $8 million next season.
The Celtics also were unable to agree on a contract extension with fourth-year forward Kelly Olynyk. Ainge said he met with the 7-footer’s agent Monday, as the sides tried to finalize a deal before the midnight deadline. Ultimately, though, maintaining salary-cap flexibility that will allow the Celtics to pursue a maximum-contract free agent remained the top priority. “If we didn’t have max cap flexibility next summer and the possibility to land a superstar-type player, an All-Star-caliber player, it might have been different in our negotiations,” Ainge said. “But because we still are there, with where we are in cap management, there was no reason to rush into it.”
“Once we sort of use that flexibility, we may not have it again,” Ainge said. “So there’s two ways to look at that. You see a lot of teams that are just going and signing extensions with players they have and sort of closing that door on that flexibility, but we’re not there yet. I think, as an organization we want to maintain that flexibility, and Kelly is part of our long-term plan as well.”
David Aldridge: At the moment extensions not looking likely for Otto Porter, Kelly Olynyk, Mason Plumlee, per sources.
Forward/center Kelly Olynyk is eligible to sign a long-term deal before the Oct. 30 deadline but the Celtics are likely to wait until next summer to determine whether to invest in him long term. This is a critical season for Olynyk, who is coming off shoulder surgery. He will be depended on to be the floor-stretching sharpshooter the Celtics have desired the past three years. Olynyk has missed 43 games over his first three seasons, primarily because of injuries. The Celtics want more toughness and consistency from their former first-round pick .
September 16, 2021 | 8:36 pm EDT Update
Keith Smith: The Shanghai Sharks have signed former NBAers Jimmer Fredette and Noah Vonleh. This will be Fredette’s 5th season with Shanghai. He last played in the NBA in 2019 with the Phoenix Suns. Vonleh was briefly with the Brooklyn Nets last season. This is his first season with Shanghai.
NBA star Giannis Antetokounmpo was in Greece for a meeting with the country’s prime minister Thursday and a special ceremony to bestow Greek citizenship on his mother Veronica and younger brother Alex. Antetokounmpo, who led the Milwaukee Bucks to the NBA championship in July, attended the ceremony at the official residence of Prime Minister Kyriakos Mitsotakis. The 26-year-old Antetokounmpo was born in Athens, the son of Nigerian immigrants. He was granted Greek citizenship in 2013, allowing him to travel to the United States and join the Bucks later that year.
“We always felt Greek, but now we have an official stamp and we are happy,” Antetokounmpo told reporters after the ceremony. “Alex and my mom are Greek citizens now.” Antetokounmpo also traveled to Greece in August with his brother Thanassis, carrying the Larry O’Brien NBA championship trophy. He took the trophy to the ancient Acropolis in Athens to celebrate with members of his family.
September 16, 2021 | 8:07 pm EDT Update
Keith Smith: Cleaning up some loose ends on TPEs for the Boston Celtics… The Celtics used the Daniel Theis $5M TPE to acquire Kris Dunn in the three-team deal with the Hawks and Kings. That leaves Boston with five current TPEs. Those TPEs and expiration dates are in the next tweet. 1/2
Keith Smith: Current Boston Celtics TPEs: $17,142,857- Evan Fournier – expires 7/18/22 $9,720,900- Tristan Thompson – expires 7/7/22 $5,096,479- Kemba Walker – expires 5/17/22 $500,000- Moses Brown – expires 6/27/22 $370,564- Jeff Teague – expires 2/11/22 Reminder: TPEs cannot be combined together! 2/2