Tagged in: agreement

DeAndre Jordan intends to sign with Los Angeles Lakers after trade, buyout

After finalizing a contract buyout with the Detroit Pistons, three-time All-Star center DeAndre Jordan intends to sign with the Los Angeles Lakers, sources told ESPN.

Detroit got Jordan, four second-round picks and $5.78 million in a deal with Brooklyn on Friday with the intention of buying out the remaining two years and $20 million on Jordan’s contract, sources told ESPN.

Once the buyout agreement is signed, Jordan will have to clear waivers before becoming a free agent and signing with the Lakers. His contract terms make it virtually impossible for Jordan to be claimed by a team.

Brooklyn got Jahlil Okafor and Sekou Doumbouya in the deal with Detroit, the Nets revealed Saturday.

They will send the Pistons their 2022 and 2027 second-round picks along with the more favorable 2024 second-rounder between the Washington Wizards and Memphis Grizzlies and the more favorable 2025 second-rounder between the Wizards and Golden State Warriors, sources said.

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Trading Jordan’s contract instead of buying it out offers the Nets financial relief in the short term, but also in the future with the repeater tax penalty starting in 2023.

“We appreciate everything DeAndre has contributed to our organization over the past two seasons both on and off the court and wish him and his family the best moving forward,” Nets general manager Sean Marks said in a statement.

Brooklyn had the option of waiving and stretching the $19.7 million owed on Jordan’s deal over five seasons; that would have represented a $3.9 million cap hit that would have lingered on the team’s books from 2021 to 2025.

The move could have saved the Nets money on their luxury tax bill for the next two years but cost them an extra $20 million in 2023-24 and could have reached $50 million in 2024-25 and 2025-26.

The Lakers have signed several veteran players to their bench — including eight-time All-Star center Dwight Howard — and still have three-time All-Star Marc Gasol on the roster.

Jordan was part of a free-agent signing class with Brooklyn that included Kevin Durant and Kyrie Irving in 2019.

Initially, Jordan alternated at starting center with Jarrett Allen, who was eventually traded to Cleveland as part of the four-team deal that landed the Nets All-NBA guard James Harden.

Once the Nets acquired Blake Griffin and LaMarcus Aldridge, Jordan’s role diminished. Jordan averaged 7.5 points and 7.5 rebounds in 57 games played last season in Brooklyn.

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Rajon Rondo likely to sign with Los Angeles Lakers after buyout from Memphis Grizzlies

Another former Laker seems to be on his way back to the purple and gold.

Rajon Rondo will likely sign with the Lakers, sources told ESPN’s Adrian Wojnarowski, upon clearing waivers after a contract buyout with the Memphis Grizzlies on Saturday.

Rondo, 35, was traded from the LA Clippers to the Grizzlies earlier this month as a part of the Eric Bledsoe deal, but he reached an agreement on the final year of his contract worth $8.3 million to go back on the market.

The two-time champion and four-time All-Star played for the Lakers for two seasons from 2018 to 2020 and was an integral piece on L.A.’s title team in the Orlando bubble.

The 16-year veteran would provide depth for the Lakers at point guard, with LeBron James and Russell Westbrook figuring to shoulder the ballhandling duties for the starting lineup.

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Rondo would sign with L.A. on a veteran’s minimum contract and occupy one of the Lakers’ three final open spots on the roster.

He would be the fifth former player to come back into the fold for the Lakers this offseason, joining Dwight Howard, Trevor Ariza, Wayne Ellington and Kent Bazemore.

Rondo averaged 5.4 points and 4.4 assists in 45 matches with the Clippers and Atlanta Hawks last season, shooting a career-best 40.4% from 3.

He spent the first nine seasons of his NBA career with the Boston Celtics after entering the league in 2006. He has averaged 10.0 points, 8.1 assists and 4.6 rebounds over his career, which also stops stops with the Mavericks, Kings, Bulls and Pelicans.

Rondo will fill the 15th roster spot on the Lakers heading into camp. How much he helps them is up for debate.

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Los Angeles Lakers, Carmelo Anthony agree to one-year NBA free-agency contract

Free-agent forward Carmelo Anthony agreed to terms with the Los Angeles Lakers on Tuesday, Anthony’s manager, Bay Frazier, told ESPN’s Adrian Wojnarowski.

The deal — one of several made by the Lakers on Tuesday — is for one campaign, according to Frazier. Anthony’s agent, Aaron Mintz of CAA Sports, completed the agreement with Lakers general manager Rob Pelinka on Tuesday.

Anthony, who moved up to No. 10 on the NBA’s career scoring list last season, rehabbed his career in two seasons in Portland after being out of the league for a year following an ill-fated stint with the Houston Rockets.

The 18-year veteran flourished in a bench role with the Blazers last season, averaging 13.4 points in 24.5 minutes per game while shooting a career-best 40.9% from 3. Anthony, 37, entered into the league with LeBron James in the famed 2003 draft class, and the two have kept a close friendship.

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Anthony has earned more than $260 million in salary in his career and is a 10-time All-Star, six-time All-NBA selection and three-time Olympic gold medalist.

Success has eluded him on the postseason stage, though. In 13 career playoff appearances, Anthony’s teams have made the conference finals just once, and he has yet to play in the NBA Finals.

After being traded by the New York Knicks to the Oklahoma City Thunder in 2017, Anthony had an up-and-down season with the Thunder as the team failed to meet expectations. He was traded to the Atlanta Hawks the next offseason, then instantly waived.

He signed with the Rockets, agreeing to play a long-anticipated bench role for the contenders led by James Harden and Chris Paul, but was waived after just 10 matches. Anthony wasn’t signed by another team that season, casting doubt on the future of his NBA career.

But the Blazers offered a lifeline, and Anthony accepted the role and opportunity to contribute to a Western Conference playoff team. He started all 58 games his first season with Portland as it dealt with a series of injuries, but he came off the bench in 66 of his 69 appearances last season.

A surefire future Hall of Famer, Anthony currently sits at 27,370 points, just 39 points behind Moses Malone for ninth. He won the scoring title with the Knicks in 2012-13, averaging 28.7 points. Anthony spent 10 consecutive seasons in the top 10 in scoring and finished as a runner-up for the scoring title twice in that stretch.

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Paris Saint-Germain beat Barcelona, Bayern Munich to Georginio Wijnaldum signing

Paris Saint-Germain have beaten Barcelona and Bayern Munich to the signing of Georginio Wijnaldum from Liverpool on a free transfer.

Wijnaldum, 30, has agreed a three-year deal with PSG after deciding to run down his contract at Anfield, which concludes at the end of June.

“Signing for Paris Saint-Germain is a new challenge for me,” Wijnaldum said. “I’m joining one of the best squads in Europe and I want to bring all my desire and commitment to this ambitious project. Paris Saint-Germain have proved how good they are in recent years and I am convinced that together, with our supporters, we can go even further and higher.”

The Netherlands international had previously reached an agreement to join Barca. His agents met with the Catalan club’s president Joan Laporta at the end of May and a medical had been penciled in.

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Barca’s interest in Wijnaldum dates back to last summer, when Ronald Koeman made him a target after being appointed as the club’s coach.

However, as first reported by ESPN on Friday, PSG made a late play to hijack Barca’s move for Wijnaldum.

Sources close to the negotiations told ESPN that the Ligue 1 side were willing to double the terms agreed with Barca, while a phone call from coach Mauricio Pochettino also helped persuade Wijnaldum to change his mind.

Bayern Munich also held talks with Wijnaldum, who informed the German club and Barca last weekend that he had decided to sign for PSG.

The midfielder becomes PSG’s first signing of the summer as they look to strengthen after missing out on the league title to Lille and a semifinal Champions League exit to Manchester City.

Wijnaldum, who is preparing for the European Championship with Netherlands, played for Feyenoord and PSV Eindhoven before making the move to England with Newcastle United in 2016 for around €15 million.

After Newcastle were relegated from the Premier League a year later, he joined Liverpool on a five-year deal for a fee of €25m.

He helped Liverpool collect the Champions League in 2019, famously scoring twice in the semifinal victory over Barca, and was part of the side which won the Premier League a year later.

During his five-year stay at Anfield, he also won the UEFA Super Cup and the Club World Cup. In total, he made 237 appearances for Liverpool, scoring 22 goals.

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New York Giants to re-sign franchised Leonard Williams to three-year, $63 million deal

The New York Giants and twice-franchised defensive lineman Leonard Williams reached agreement on a three-year, $63 million deal that incorporates $45 million fully guaranteed on Tuesday, sources tell ESPN’s Adam Schefter.

The Giants placed the franchise tag on Williams before the March 9 deadline, the second consecutive year that Williams was tagged. He was scheduled to make $19.4 million for the 2021 season on the franchise tender without an extension, which the two sides had until July 15 to agree upon.

The Giants entered the negotiating period approximately $4 million under the salary cap. Their flexibility to make moves was going to be contingent on striking a long-term deal with Williams.

The first-year cap hit in this deal is expected to land in the $11 million range, a source told ESPN. That provides the Giants an additional $8 million in cap space in addition to a restructuring of the contract for veteran offensive tackle Nate Solder.

The Giants immediately went to work with the newfound flexibility and agreed to a one-year deal worth up to $2.5 million with $1 million guaranteed for former Cincinnati Bengals first-round pick John Ross, according to a source.

He provides the Giants with some much-needed speed and depth for a thin wide receiving corps.

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Williams is coming off a career-best campaign in which he ended with 11.5 sacks and 30 quarterback hits, good for third in the NFL. His 41 quarterback pressures was seventh among interior defensive linemen, according to NFL NextGen Stats data.

It was quite the turnaround for the 2015 first-round pick of the New York Jets in his first full season with the Giants. He thrived under coach Joe Judge and in the defensive system of coordinator Patrick Graham.

Williams, 26, was credited with half a sack the previous season, which he split between the Giants and the Jets. It was the latest in an unspectacular first five seasons in the NFL after being the sixth overall selection out of USC.

Regardless, the Giants traded a pair of middle-rounds draft picks for Williams midway through the 2019 season, just months before he was set to become a free agent. They placed the franchise tag on him last offseason, and he played on the one-year deal worth $16.126 million.

With his first double-digit sack season, Williams proved he was worth that and much more as one of the NFL’s most productive defensive linemen. His previous high for sacks in a season was seven in 2016.

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Trevor Bauer says he is ‘committed to being better’ in Los Angeles Dodgers introduction

The Los Angeles Dodgers’ landmark agreement with Trevor Bauer has been met with clear reservation, and in some instances disdain, by some of the team’s fans, none of which includes his projected on-field performance.

Bauer’s boundless social media activity includes instances that have prompted accusations of online bullying, two of which involved women who became subject to harassment by Bauer’s followers. He has made an anti-transgender joke — something he subsequently denied doing consciously — and has dismissed sensitivities around the Cleveland Indians’ logo, prompting questions about his fit within a liberal market and inside a tight-knit clubhouse that has become increasingly socially conscious.

Bauer, signed to a three-year, $102 million contract with opt-outs throughout, said Thursday that he is evolving.

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“All the conversations I’ve had with people across all walks of life over the last couple of years and all the things I’ve learned — I can say that I have learned from those,” Bauer stated after being presented with his No. 27 jersey during a virtual news conference from Dodger Stadium.

“I’ve spent a lot of time talking to other people to try to understand other perspectives, and I’m doing my best to be better, as I do in all walks of my life. I don’t think that it makes any sense to dive into specific issues in this forum, but I am committed to being better on social media, being better on the field, being better in the clubhouse, being better in life in general.”

Bauer said joining the Dodgers was “a long time coming” and recalled how he used to sit in the left-field bleachers listening to Vin Scully on the radio. Adding Bauer will push the Dodgers well past the 2021 luxury-tax threshold, but Friedman said it would not impact the team’s ability to re-sign Justin Turner or add another right-handed hitter.

The move marks only the second time that a reigning Cy Young Award winner has joined the reigning World Series champions, the other being Roger Clemens with the New York Yankees in 1999.

Bauer probably won’t fulfill his desire to pitch every fourth day, but he’ll join a starting rotation that is legitimately seven-deep, with Clayton Kershaw, Walker Buehler, David Price, Julio Urias, Dustin May and Tony Gonsolin.

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Marcus Semien, Toronto Blue Jays reach agreement on 1-year, $18M deal

Infielder Marcus Semien is in agreement with the Toronto Blue Jays on a one-year, $18 million contract, a source familiar with the deal told ESPN’s Jeff Passan.

Semien will become the second star and fourth free agent added by the Blue Jays during a slow offseason amid the coronavirus pandemic.

Toronto gave outfielder George Springer a $150 million, six-year deal. Toronto also agreed to one-year contracts with right-handers Kirby Yates ($5.5 million) and Tyler Chatwood ($3 million) and re-signed left-hander Robbie Ray to an $8 million, one-year contract.

Coming off a career year in 2019, Semien struggled in 2020 while dealing with a rib injury, as the shortstop hit just .223 with 7 home runs, 28 runs, 23 RBIs and 4 stolen bases for the Oakland Athletics. His production was down largely due to his strikeouts being up, as he fanned on 21.2% of his plate appearances.

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It was a different story for Semien in 2019, when he concluded third in AL MVP voting after posting personal bests with 33 home runs, 92 RBIs and a .285 batting average while playing in all 162 matches. His WAR (8.9) was third in the majors that season, and he parlayed that into a one-year, $13 million deal — more than double his contract after earning $5.9 million in 2018. He earned $4,814,815 in prorated pay for 2020.

Semien was tied for 190th among batters in WAR in 2020, with 0.5. Even with the decline in 2020, he is one of just six hitters to account for at least 9.0 WAR in the past two seasons combined.

Semien’s 151 runs scored since the start of the 2019 season rank second among all American League players, and his 100 extra-base hits rank fifth.

In eight MLB campaigns, Semien, who is above average when it comes to base running, has a .254 batting average with 115 home runs, 380 RBIs, 467 runs scored and 66 stolen bases — but with 731 strikeouts in 3,266 at-bats — for the Chicago White Sox and A’s.

Toronto went 32-28 during the pandemic-shortened 2020 season, concluding third in the AL East behind the Tampa Bay Rays and New York Yankees and qualifying for the expanded postseason despite behind forced to play home matches in Buffalo, New York, due to Canadian government restrictions on travel. The Blue Jays were swept in two games by the AL champion Rays in a first-round series.

Toronto has an emerging young core and is adding major contracts, while younger players such as Bo Bichette and Vladimir Guerrero Jr. have relatively low salaries because they remain shy of eligibility for arbitration.

It is not clear where the Blue Jays will play home games when the 2021 season starts.

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NBPA reps approve Dec. 22 start date for 72-game regular season

The National Basketball Players Association board of representatives voted on Thursday night to approve a plan for a Dec. 22 start to the season that contains a reduced 72-game calendar, clearing the way for league and union to finalize details on the 2020-21 campaign, sources told ESPN.

The NBPA’s board of player representatives voted to approve the pre-Christmas start in a conference call with NBPA executive director Michele Roberts, sources said.

The NBA and NBPA are planning to discuss the opening of free agency as quickly as possible after the Nov. 18 NBA draft to accommodate player movement with such a short window to the opening of training camps on Dec. 1, sources said. The league and players are still negotiating financial terms of an amended collective bargaining agreement and those talks are expected to extend into next week, sources said.

Once a formal agreement is reached, the league will lift a moratorium and re-open the league for business on trades prior to the draft.

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The league thinks that a Dec. 22 start that includes Christmas Day matches on television and allows for a 72-game schedule that concludes before the Summer Olympics in mid-July is worth between $500 million and $1 billion in short- and long-term revenues to the league and players, sources said.

The NBA and NBPA have discussed significant rises in the escrow withholding on players’ salaries to account for the severe losses in league revenue during the coronavirus pandemic.

The sides are working toward spreading out the players’ losses over multiple seasons, so the players don’t take such a substantial financial hit in one year.

The NBA has pushed back a deadline to Friday that keeps open the option of terminating the collective bargaining agreement, which would essentially blow up the league’s financial structure that allows for a 50-50 split of basketball-related income (BRI) under the provisions of the CBA.

Because of the pandemic triggering a force majeure clause in the CBA, both sides have the option of serving notice of 45 days on terminating the agreement, sources said.

The NBA and NBPA split the BRI, and the league recently told teams that 40% of that revenue could be lost without gate receipts this campaign, sources said.

The NBA’s basketball-related income was down $1.5 billion last season, according to data provided to teams and obtained by ESPN.

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Chiefs RB Damien Williams will opt out of 2020 season

The Kansas City Chiefs have stated that RB Damien Williams has informed the team of his decision to opt-out of the 2020 campaign.

Per the NFL’s opt-out agreement, Williams will receive an advance on his salary, commensurate with the high-risk or voluntary opt-out designation. He’ll receive no credited season for 2020. His contract will toll, or pause, and resume in 2021.

That means the Chiefs will have some instant salary-cap relief, but they’ll add that amount back to the 2021 salary cap. Williams, 28, joined the Chiefs as a free agent in March of 2018. He took a backseat to former Chiefs RB Kareem Hunt initially but would earn the starting role after Hunt’s dismissal from the team.

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In 2019, Williams was named starting running back by offensive coordinator Eric Bieniemy ahead of training camp.

They’d bring in LeSean McCoy to split time with Williams in a committee approach to the backfield. Williams would separate himself late in the season, appearing in 11 matches, rushing for 498 yards and five touchdowns on 111 carries. In Super Bowl LIV, Williams scored the go-ahead touchdown and the touchdown that would put the game on ice for Kansas City.

The Chiefs are uniquely prepared for this opt-out with a deep running back room that added Clyde Edwards-Helaire in the draft and DeAndre Washington in free agency.

Still, this means that the most veteran running back on the Chiefs’ roster is Darrel Williams, who joined the team as an undrafted free agent in 2018. They’ll have to get the new players up to speed and ready in a short amount of time.

Williams scored six touchdowns in the Chiefs’ three postseason games.

Starting guard Laurent Duvernay-Tardif also opted out of the 2020 season.

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Derrick Henry, Titans reach agreement on 4-year deal

The Titans waited until the 11th hour, but they’ve secured their rushing king.

Tennessee agreed to terms with running back Derrick Henry on a four-year deal worth $50 million right before Wednesday’s deadline, NFL Network Insider Ian Rapoport reported. The team later confirmed it reached a long-term agreement with the RB.

Henry signed his franchise tag tender less than a month after the Titans formally placed it on him before the start of free agency, but that one-year contract that was arranged to pay him $10.3 million will become moot upon signing the new, multi-year deal.

“I want to stay with the Tennessee Titans,” Henry said, via the team website. “They are the ones that took a chance on me – 31 teams passed on me on the draft and they selected me. I have a lot of love for Tennessee. I have a lot of love for everyone in that organization.

“And we have grown from the time I got there. (In 2016) we just missed the playoffs, (in 2017) we got into the playoffs and went into the second round. This year we went to the AFC Championship. We have grown as an organization and as a team and I think that speaks volume for the direction we’re headed.”

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Henry rumbled to the league’s rushing title in the final week of the 2019 season, capping a 1,540-yard, 16-touchdown campaign with a dominant 211-yard outing in a playoff-clinching Week 17 victory over Houston.

He proved his worth in the postseason, putting Tennessee’s offense on his back to help the Titans to two stunning playoff victories.

Henry rushed 64 times for 377 yards and one touchdown in Tennessee’s upset victory over New England and Baltimore before coming back to earth in an AFC Championship Game loss to Kansas City.

Henry’s 69-yard outing in the conference title game wasn’t his fault, but a result of a Titans offense trying to keep pace with the Chiefs’ explosive group and being forced to turn away from the run. It definitely wasn’t indicative of his value; without Henry, the Titans simply do not reach the doorstep of the Super Bowl.

As of July 2020, it is wise for the Titans to do what they must to keep Henry, the strongest part of their offense for almost the entirety of his career — even if it took Tennessee two years to realize it.

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