Are you not entertained? In a lot of ways, the NBA Offseason really is its own spectator sport with all of the competition, surprises, and drama involved, but rather than live-tweeting it, I'm going to attempt to track what's going on in this post with outside links to who broke the details and information about current salaries from BasketballInsiders.com (colors mean
player option,
team option, or
not fully guaranteed). Being posted at 10:15 AM PST on July 1st, I've started to add in my commentary alongside my
estimates of what the contracts will look like based on reports (max salaries should be pretty set in stone, though), and I'll be updating it throughout the week. The official salary cap was set at $99,093,000 last night, locking in what max salaries can start at, and now we're off!
Utah picks up Rubio before midnight hits (Jones)
Jazz get:
Ricky Rubio | $14,250,000 | $14,950,000 |
Timberwolves get:
Thunder 2018 1st round pick (top-14 protected through 2020 before becoming 2020 and 2021 2nd round picks)
Ever since the Jimmy Butler trade on draft night, I tried thinking of what teams have both the need and means to acquire Rubio, and Utah stood out with their 2016/2017 cap space expiring once the new league year starts and the uncertainty around Gordon Hayward, George Hill, and Joe Ingles. Zach Lowe reported shortly afterwards that their was interest there. Deadlines spur actions, as Andrew Brandt likes to say, so when talks heated up yesterday, it seemed like only a matter of time before the Jazz secured at least part of their back court at a fair price that I
accurately guessed. Now they have a point guard who is four and a half years younger, a better playmakers, a comparable defender, and cheaper than what Hill, a far superior shooter, would have cost after a failed renegotiation and extension fell through during the year. Although it is complicated with Hayward reportedly wanting Hill to stay but also sharing the same agent as Ingles, who would plunge them deep into the Luxury Tax if re-signed with the other two all at market value, this does make sure they are secured at the position ahead of their pitch for him, and in the doomsday scenario of losing their star wing, they can now rely on Rubio to run the offense with Rodney Hood and either Dante Exum, Alec Burks, or rookie Donovan Mitchell.
For Minnesota, it is unfortunate that they had to move on from a valuable player that was often the heartbeat of the team, but with Tom Thibodeau never seemingly a fan and the need for shooting around Butler, Andrew Wiggins, and Karl-Anthony Towns, the writing was on the wall. Getting a 1st for next year, albeit with protections, is important since they owe a similarly protected pick to Atlanta from the failed Adreian Payne trade, and they have playoff aspirations next year that would mean losing it. Although Rubio had an undervalued contract for the next two years, moving him also brings their max possible cap space to over $32 million as they seek a new point guard and more shooting at forward.