Barry Jackson: Jimmy Butler trade has been announced
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Jon Johnson: Sixers-Heat trade official. Statement from Elton Brand: pic.twitter.com/SzOnMjiGel
Anthony Chiang: With the Lakers using most of their cap space, a waive/stretch of Ryan Anderson is the simplest way for the Heat to get under the hard cap to successfully complete the Jimmy Butler deal.
The Miami Heat completed a four-team trade that allows them to sign All-Star guard Jimmy Butler to a four-year, $142 million contract, league sources told ESPN on Monday. The Heat are sending center Hassan Whiteside to the Portland Trail Blazers, guard Josh Richardson to the Philadelphia 76ers and a protected 2023 first-round pick to the Los Angeles Clippers to secure the salary cap flexibility to complete the sign-and-trade deal with the 76ers, league sources tell ESPN.
Adrian Wojnarowski: Maurice Harkless is on his way to Clippers in the deal, league source tells ESPN.
Barry Jackson: Can independently confirm that Mavericks want Derrick Jones Jr. and Heat has said no. Miami could always change its mind or find another team with cap space to dump salary to satisfy cap requirements of Butler deal. Difficult to see Butler deal falling through at this point.
Marc Stein: The Mavericks will acquire Kelly Olynyk and Derrick Jones from the Heat as part of the Jimmy Butler sign-and-trade, league sources say.
Ira Winderman: As speculated here earlier today, Goran Dragic to Mavs as part of making cap space work on Butler deal. The Butler deal will leave the Heat hard-capped for 2019-20.
Tim Reynolds: Part of tonight’s Heat meeting with Jimmy Butler, per source, was a full detailing of the plan for the summer of 2020 as well. Not that Jimmy wasn’t sold before 6:01 p.m., but he was even more so as the night went along.
Barry Jackson: … In fact, Josh Richardson has been told that he is going to Philadelphia in the Jimmy Butler sign and trade with Miami, according to a source.
Bobby Marks: The Heat will need to be creative in what contracts they will send out. Acquiring Jimmy Butler in a sign-and-trade will trigger the $138.9M hard cap. The Richardson/Butler swap does not work without more players from Miami involved. Miami would be at $167M in salary.
Derek Bodner: The Sixers will receive no additional salary back in the sign and trade with the Heat, per source. But we knew that once the Horford signing was announced. See my tweets from an hour ago for some of those details.
Shams Charania: Sources: Philadelphia has signed-and-traded Jimmy Butler to Miami, with Heat sending Josh Richardson to the 76ers.
Derek Bodner: With JJ Redick leaving, the #sixers can make a potential Jimmy Butler sign and trade while being an under the cap team, meaning Butler would not be subject to the BYC rules. Functionally, this means two team deals with either the Rockets or Heat would be possible now.
Albert Nahmad: J.J. Redick agreeing to a two-year, $26.5M deal with the Pelicans (per @Adrian Wojnarowski) is quietly good news for the Heat in their efforts to sign-and-trade for Jimmy Butler, in that the 76ers can now more easily avoid any Base Year Compensation issues.
As of Thursday, league sources told The Athletic the Rockets have been shopping Capela and Eric Gordon for a first-round pick that could then be used to entice Philadelphia to do a sign-and-trade for Jimmy Butler.
Adrian Wojnarowski: Reporting w/ @ZachLowe: Houston’s offering Clint Capela, Eric Gordon and PJ Tucker individually to teams w/ space to absorb salary. Rockets trying for best available first-rounder for any of those three, hoping to redirect pick to Philly in pursuit of Jimmy Butler sign-and-trade.
Adrian Wojnarowski: Philadelphia has been privately expressing confidence around NBA that it can re-sign Butler and Tobias Harris, but Houston remains on case of selling Butler/76ers with a sign-and-trade scenario once free agency starts on Sunday.
Alykhan Bijani: There’s been buzz surrounding Jimmy Butler and the #Rockets since before his trade to Philadelphia. Houston feels confident in its pursuit of Butler and will meet with him in Philadelphia with the hope he joins Chris Paul and James Harden, league sources told @TheAthleticHOU.
Butler would be eligible to sign a four-year, $140 million contract on the way to the Rockets, but Houston would likely need to include center Clint Capela and guard Eric Gordon to make the financial deal work, sources said.
Keith Pompey: With #NBA trade deadline 2 days away & @Jimmy Butler’s name constantly being mentioned, I asked his agent, Bernie Lee, about Butler’s thoughts about remaining a #Sixer: “ Jimmy is as committed today as he was the day he got traded here as being a part of a championship team. He looks forward to it being built with him and around him.”
If they can’t add any substantial pieces by Thursday, are the Sixers good enough as currently constituted to overcome those obstacles and reach the Finals? They’d certainly have a shot, but simply having a chance feels inadequate when measured against the “our time is now” declaration. The question of what to do at the trade deadline is tethered to another pressing issue: Butler’s upcoming free agency. People in and around the organization have expressed concern to me that Butler could bolt this offseason.
In search of second-round picks, the Knicks will explore trading Burke at the Feb. 7 deadline, and he said he’s fine whether he stays or goes. This latest showcase for Burke, a free agent, is bound to turn NBA heads.
That microscope doesn’t just come from the media, but also opposing front offices. An opposing team has already called to ask if this latest blowup means Butler might be on the market, according to league sources. This, as rumors swirl around NBA circles that the Sixers, spooked that Butler will bolt when he becomes a free agent this summer, are contemplating dealing Butler before the trade deadline. The team has never considered dealing Butler, according to league sources. But it’s worth noting that the vultures around the NBA, often willing and eager to sow discord, have emerged.
Tim Bontemps: Jimmy Butler says he found out about the trade in a series of text messages from friends before hearing from “two people” – presumably Tom Thibodeau and Scott Layden.
In his first comments since trading Jimmy Butler, Minnesota Timberwolves coach and president Tom Thibodeau was surgical in describing the deal that sent the All-Star guard to Philadelphia. “I said from the beginning, you always have to put the organization first,” Thibodeau said. “So you set the parameters for what you are looking for and once we felt we got to that point where the offers met some of the things we were looking for, then we said, ‘OK, now it’s time.'”
Thibodeau disputed the idea that he is attempting to construct a win-now roster that would help ensure his own job security, and highlighted the significance of the draft pick. “Not really. It was what was best for the organization,” Thibodeau said. “Obviously getting good players was a priority. The pick part was important. We felt we got a good pick from Philly.”
John Meyer: It’s a quiet arena tonight in Minneapolis and the angry fans are taking advantage. “You suck Thibodeau” and “Fire Thibs,” have been heard loud and clear. More pre-game boos for Thibs as well.
Tolliver also said the trade was needed for the team to move forward. “From a moving-on standpoint, it’s definitely a good thing,” Tolliver said of the deal. “Guys can just get the cloud from over our heads and just go out and play basketball.”
Butler decided he would play on Friday night, but he viewed it as the fork in the road. If the Timberwolves didn’t find a deal to fulfill his long-simmering trade request after that, he would begin to sit indefinitely, league sources told The Athletic. The Kings defeated Minnesota 121-110 to push the Timberwolves to 4-9 and a winless road trip; Butler had 13 points, eight rebounds and eight assists in 41 minutes. He had played almost 124 minutes in the last three games, all losses, and at halftime of the final one, the Wolves were informed that this was it for Butler, sources said.
After Butler plays 39 minutes in a loss to the Clippers that dropped the Wolves to 0-3 on the trip, the Wolves have conversations with the Heat about a possible trade. But the Heat inform the Wolves that Richardson is no longer on the table after his stellar start to the season, and the Wolves move on. Minnesota begins to engage seriously with Philadelphia, New Orleans and Houston. New Orleans’ package is headlined by Nikola Mirotic and an unprotected first-round draft pick and the Rockets’ proposal has Eric Gordon, Nene and two first-round picks, sources said. The 76ers come with their proposal around Robert Covington and Dario Saric, leaving the Timberwolves to deliberate.
The Nets view LeVert and Allen as core pieces long-term. Instead of using them as trade bait, the Nets kicked the tires briefly on talks involving D’Angelo Russell, Rondae Hollis-Jefferson and a salary filler for Butler that never got any traction, league sources told The Athletic.
Derek Bodner: #sixers general manager Elton Brand on the acquisition of Jimmy Butler. pic.twitter.com/B5Tt2Do6IN
Brian Seltzer: Statements from HBSE Managing Partner Josh Harris, Co-Managing Partner David Blitzer. pic.twitter.com/5QnzqNxHUx
Jessica Camerato: It’s official … pic.twitter.com/LyDxnEz1BV
They are not teammates anymore. Both Covington and Saric are bound for Minnesota, the headliners in a package that netted the Sixers an elusive third star-level talent in Jimmy Butler. “I think someone was searching on Twitter,” McConnell said. “I don’t have it on my phone, so I wasn’t looking at it. I didn’t think it was true until more reports started coming out. Kind of that feeling in your stomach of just like, you can’t really explain it.”
“I miss Dario and Cov,” Embiid said. “They gave us a lot the past couple of years. I feel like we were starting to play really well together and figure that out to play with each other. But it’s business, got to move on. Love those guys, wish them luck, miss them, I love them.”
It was nearly midnight inside the Citizen Hotel in downtown Sacramento on Friday, and Minnesota Timberwolves general manager Scott Layden was the only one in the crowded room still working. … It was time to put the Jimmy Butler saga out to pasture. I had no clue at the time that the Timberwolves had reached their breaking point. Layden was clearly focused on his conversation, and so I waved from a distance and offered a thumbs up as a way of saying hello in the most placid way possible. To my surprise, Layden — who had spent these past two months giving thumbs downs to every trade offer that came their way — offered a thumbs up in return. Little did I know: The T-Wolves were finally going to say yes.
According to a league source, the talks with Philadelphia were rekindled on Wednesday. The Sixers, who had announced Elton Brand as their new general manager on the same Sept. 18 day that Butler’s trade demand went public, put forth a take-it-or-leave-it style offer and waited for an answer. According to our Jon Krawczynski, Minnesota was deliberating between three offers. Houston was known to be among the most aggressive suitors, but sources say the Rockets would ultimately be convinced that Minnesota had been hell-bent on sending Butler to the Eastern Conference all along. It’s unclear if Miami was still in play or if there was another team involved at the end.
Serena Winters: Ben Simmons says he “can’t wait” for Jimmy Butler to get here. “He’s going to fit in with us.” #sixers
Serena Winters: Ben Simmons said he even talked with Jimmy Butler today for a little bit and he said he just wants to win. “That’s the mindset we all have here, so we’re exited to get Jimmy here.”
Serena Winters: “Between me, Jo & Jimmy, we all have that similar mindset of, we hate losing, that pisses us off and we want to win.” #sixers – Ben Simmons on Jimmy Butler
Omari Sanfoka II: Brett Brown declines on speaking on the trade for Jimmy Butler. Doesn’t know who’ll start in place of Robert Covington and Dario Saric. Wilson Chandler is out. pic.twitter.com/CSA2zY0784
Once the Wolves finally came to the conclusion that a deal had to be made, owner Glen Taylor spoke personally with Sixers owner Josh Harris to push it through, sources said. The Wolves were in a difficult position from a bargaining perspective given all of the negativity, and losing, that had enveloped the franchise. The Wolves were eyeing three offers from different teams, but made the decision on Saturday to go forward with Philly’s package, sources said.
Shortly after that meeting, Butler had a conversation with Taylor to get the ball rolling on an exit strategy. Taylor was more open to the idea than Thibodeau was initially and promised to pursue all avenues to grant his request, sources said. The owner told Thibodeau and Layden on Sept. 22 to be proactive in seeking out possibilities to bring to his desk, but what followed was a mind-numbing process filled with mixed messages. Thibodeau and Layden took hard-line stances in negotiations, according to team sources who entered into the talks. Several owners reached out to Taylor directly, and while those conversations felt more productive, Taylor resisted calls to make a unilateral move.
The Sixers and Butler, a four-time All-Star, have every intention of formalizing a long-term agreement this summer, sources said, but nothing is allowed to be negotiated or agreed upon until Butler opts out of the final year of his contract after the season. The Sixers will weigh Butler’s physical condition and how he fits with Joel Embiid and Ben Simmons, but they didn’t give up such significant assets believing that this would be a rental situation.
Alex Kennedy: Caron Butler (@Caron Butler) on 76ers-Wolves trade: “I like what Philadelphia did, acquiring Jimmy Butler. They need another shooter besides JJ Redick. They just need 1 more spacer. They have playmaking, which is key. They have a realistic chance to come out of the East though.”
Alex Kennedy: An Eastern Conference player texted me about PHI-MIN deal, saying he’s shocked Philly included Robert Covington: “Wow, the 76ers gave up a lot. I love Robert Covington. I’ve always been a fan of his game. He was a really big piece for them. He’s an exceptional role player.”
The Sixers have agreed to trade forwards Dario Saric and Robert Covington as part of a package to acquire All-Star forward Jimmy Butler on Saturday, a team source confirmed to PhillyVoice. … The 2022 second-round pick [headed to the Timberwolves] will be whichever is the better pick between Philadelphia’s and Denver’s. The Sixers picked up the option to swap seconds with Denver in their trade for Wilson Chandler this past summer.
Including the $30.7M Jimmy Butler free agent hold, Philadelphia will have roughly $21M in cap space for 2019-20. The room includes renouncing all free agents except for Butler and TJ McConnell. The 76ers would be close to adding another max slot if they find a home for former first overall pick Markelle Fultz.
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September 19, 2019 | 7:44 pm EDT Update
The Heat, with one training camp roster spot to fill, recently summoned a familiar face to team headquarters: former Arkansas point guard Daryl Macon. Macon, undrafted after being second-team All-SEC in 2018, spent summer league with the Heat in 2018 but afterward opted to sign a two-way deal with Dallas that summer instead of an Exhibit 10 contract with Miami. … He has emerged as a strong possibility for the 20th and final roster spot, though others haven’t completely been ruled out.
September 19, 2019 | 6:07 pm EDT Update
The NBA power brokers descending on New York this week for the league’s Board of Governors meeting have reacted to the league’s beefed-up anti-tampering proposal with a mix of skepticism about its potential deterrent effect and concerns of privacy. In conversations with numerous league officials, team owners, general managers and agents, there’s some uncertainty about the means the NBA might use to investigate alleged rules violations. Atop those concerns for team officials are what league sources insist was Commissioner Adam Silver toughest decision in bringing new rules to a vote: An annual, random auditing of five teams’ communications with rival front offices and player agents.
Some teams believe that the league is rushing the process of changing the rules. In reaction to the blatant disregard of free agent tampering rules and an angry owner’s meeting in July, NBA owners are faced with a vote on Friday that could reshape — even if only in mechanics — how the business of player procurement is done.
The push to strengthen tampering rules — including a huge increase in the amounts of potential fines — was born out of a historic free agent period that witnessed several stars change teams in an acrimonious climate. The recruitment of Kawhi Leonard became fraught with charges that his uncle and advisor, Dennis Robertson, requested benefits outside the boundaries of the salary cap, league sources said.
Small-market teams, fearing the free agency allure of big-city rivals, may line up to support the league’s proposal on Friday – as well as teams embittered by recent free agency defections. Those who vote against the new measures risk the perception that they condone cheating, even if other reasons colored their decision. Even so, teams and league officials will address questions about privacy and the specifics of enforcement.