Chris Fedor: Another note on #Cavs involvement in today’s four-team blockbuster: They used their trade exception from the Jordan Clarkson deal to absorb Jarrett Allen’s $3.9 million salary
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Shams Charania: Sources: Full current trade: Rockets: Victor Oladipo, Dante Exum, Rodions Kurucs, 3 BKN first-rounders (22, 24, 26), 1 MIL first (22, unprotected), 4 BKN 1st round swaps (21, 23, 25, 27) Nets: James Harden Pacers: Caris LeVert, 2nd-rounder Cavs: Jarrett Allen, Taurean Prince
Adrian Wojnarowski: Nets are acquiring a 2024 second-round pick in the deal from the Cavaliers, sources tell ESPN. For Cavaliers, Jarrett Allen solidifies their future at the center spot. Remember, he’s only 22 years old.
Shams Charania: The Nets are trading for All-NBA star James Harden and sending four first-round picks and four draft swaps to the Rockets, sources tell @The Athletic @Stadium. Caris LeVert, Jarrett Allen are being moved — could be another team or two involved.
Brian Lewis: Jarrett Allen on trade rumors, contract situation: “You see everything what’s going on, I’m aware of it. I try to put it aside. Its big decisions, deciding where I’m playing; I put it all aside. Happy about it, not happy about it, it’s all basketball.” #Nets
There’s been a lot of trade rumors involving the Nets recently, as I mentioned. I know you can’t discuss those specific rumors or the players in question, but just in general, do you pay attention to trade rumors? Some players read all of them, while others block them out entirely. What’s your approach to trade rumors? Allen: “I hear about them. It’s hard not to hear about them in this technological age with social media. But at that point, it’s like, what can you do about it? I’m not really focused on it. Either way, I’m going to have to play basketball and I’m just…like I said, it’s in the back of my mind.” Have you had any conversations with the Nets about the trade rumors or your status? Allen: “No. No, I haven’t.”
The downside of being a valuable player is becoming a valuable trade chip, with the young center aware his name is being linked in trade rumors for James Harden. “At the end of the day I’m still going to be playing basketball. Whenever I go into the gym, and whatever happens, I’m there, I’m present,” said Allen, 22. “I’m ready to play for the Nets, I’m ready to learn from everybody there and just go about my stuff and just stay grounded as much as I can.”
Brian Lewis: Jarrett Allen’s name is right in the middle of the trade rumors for James Harden. But the #Nets center – speaking from the Meals + Math Thanksgiving event – said he’s staying focused on the task at hand: Winning an #NBA championship in Brooklyn.
Brian Lewis: Jarrett Allen: “At the end of the day I’m still going to be playing basketball. Whenever I go into the gym, whatever happens, I’m there, I’m present, I’m ready to play for the #Nets. I’m ready to learn from everybody there & go about my stuff & just say grounded as much as I can”
Farbod Esnaashari: A source is telling me that the Nets have engaged in talks with the Rockets. James Harden for a variation of: Spencer Dinwiddie, Caris LeVert, Taurean Prince, and Jarrett Allen. Nothing finalized, but Harden to Nets seems like real possibility. If finalized, announced on Nov 22.
Schiffer: Gobert fits a lot of their needs, especially defensively and would make for an interesting addition. I could see the Nets sending Allen to Utah if a trade were to take place between those two teams. To me, Allen’s future with the organization has gotten really interesting in light of Atkinson’s departure, which was tied to Jordan coming off the bench. Allen is eligible for an extension this summer and I think it would hurt the Nets if they don’t keep him, unless they make a trade for a player such as Gobert. What do you think of his situation in light of recent developments?
Irving implied as much himself, when he bluntly stated the franchise will have to add more in the summer if it hopes to contend. The Nets have more trade assets than most teams, including Dinwiddie and Jarrett Allen, but LeVert might be the most prized chip of them all. “He’s got three years guaranteed at $17 million; that’s a high-value contract for him, locking into that contract when you’ve had that many injuries at Michigan,” said ESPN cap guru Bobby Marks, who is a former Nets assistant GM. “Yeah, that’s a good number as far as if you’re looking at a team. That’s not a dead-weight contract.” Now Nets GM Sean Marks must decide if it’s too high-value to trade, if the young wing’s torrid form before the season got shut down due to the coronavirus pandemic is sustainable.
Several people mentioned the Nets could be active in trades. Spencer Dinwiddie, Caris LeVert and Jarrett Allen are all names that rival executives believe to be available in some form. They could be attractive pieces for the Nets to package together to land a third star that sends them to the top of the conference. Some also wonder whether Brooklyn will spend big to keep unrestricted free agent Joe Harris this summer.
League sources told The Post the Nets aren’t going to make any major changes by the trade deadline. And everything that’s gone on backs that up, with the Nets getting hits on core pieces Jarrett Allen and Spencer Dinwiddie, and turning them down. By the time the deadline passes at 3 p.m. Thursday, any changes the Nets make will likely be around the edges of the roster, or not at all.
The Nets are almost certainly not dealing LeVert, Dinwiddie, or Jarrett Allen for a package centered on picks, sources say. That wouldn’t make sense with Irving and Durant on board. Irving’s knee injury is also a last-minute monkey wrench. LeVert suitors would be subject to what is effectively a poison pill because of his contract extension that kicks in next season. Ditto for Taurean Prince.
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January 24, 2021 | 6:17 am EST Update
Speaking at a SporticoLive event on Tuesday, Roberts said that while players share in the passion for the game, and in the responsibility of growing the NBA’s multi-billion-dollar enterprise, “what we don’t share is having an equity stake in the teams.” “We’ve got a collective bargaining agreement that says we can’t [own stakes], and hopefully down the road we’ll make some changes,” she said. “The players will be the last to suggest that we want to see the game’s value, or teams’ values, in any way diminish, but it sure would be nice to be able to go to the party.”
The league is also making changes to make it easier to attract minority investors. Last year it greenlit Dyal Homecourt to raise money for a fund that could invest in multiple teams. Now it’s discussing an expansion of that program, where other institutional investors could gain the same right. “If [private equity investment] happens,” Roberts said, “I will have players complain bitterly that, ‘Wow, we helped create this wealth, we helped create this value, and some private equity guy can come in and I can’t?’”
One suggestion: Instead of giving equity to players themselves, give it to the union. That wouldn’t necessarily result in checks to individual athletes, but it would give the NBPA more resources to support players and their communities. Another suggestion: a structure similar to employee stock options, which are common in other some businesses. “There’s a way, in other words, for players to enjoy equity in these teams that may be non-traditional,” Roberts said. “It may be a little different from the way we do it on the private side, but I still think there’s an opportunity for us to talk about, think about and ultimately resolve what I believe to be an inequity in the system.”
Anthony Slater: Draymond Green: “We got to find an identity as a team. Sometimes we move the ball, sometimes we don’t. Sometimes we defend, sometimes we don’t… Are we gonna be a ball movement team or an iso team?”
Connor Letourneau: Steve Kerr: “It’s going to take us 20 games to figure out where we want to be with our rotation. We’re at 16 now. … We’ve just had two bad losses in a row. We have to assess everything.”
Wes Goldberg: And with that falling-away corner 3, Steph Curry has moved into sole position of second all-time on the NBA’s 3-pointers list with 2,561. Surpasses Reggie Miller. Behind only Ray Allen. Fittingly, assisted by Draymond Green.
Drew Shiller: -Reggie Miller’s son to Steph Curry: “I have all your jerseys and shorts.” -Reggie Miller to Steph Curry: “I know you’re chasing Ray (Allen). You are an inspiration to so many little ones … thank you so much for what you have done, my friend.”