Posts Tagged ‘Player Option’

Kyrie Irving will stay put after all.

The Brooklyn Nets star will remain with the franchise after choosing to opt into his $37-million player option for the 2022-23 season, according to The Athletic’s Shams Charania.

“Normal people keep the world going, but those who dare to be different lead us into tomorrow,” Irving said in a statement, per Charania. “I’ve made my decision to opt in. See you in the fall. A11even.”

Irving had until Wednesday to make a decision on his player option.

The 30-year-old later tweeted a follow-up to his decision.

The Nets had reportedly permitted Irving to speak with other teams to find sign-and-trade agreements in order to assist in his potential exit. However, the Los Angeles Lakers were believed to be the only team interested.

Irving, however, is said to be bypassing multiple potential opt-in-and-trade possibilities with his commitment to Brooklyn for next season, according to Charania.

The mercurial guard’s future was thrown into disarray earlier this month when he was said to be undecided on whether to pick up the lucrative option. Talks between him and the front office then reportedly stagnated. With Irving seemingly having one foot out the door, doubts were then cast on his co-star Kevin Durant, who reportedly began to weigh his own future with the Nets.

By opting in, Brooklyn could possibly trade Irving and his expiring deal without his approval this offseason. However, the team can now also negotiate a long-term extension with him by June 2023, according to ESPN’s Bobby Marks.

Irving matched his career high with 27.4 points per game last season but was limited to just 29 contests. As a result of refusing to be vaccinated against COVID-19, Irving was unable to play at home at Barclays Center, and Nets general manager Sean Marks didn’t allow him to be a part-time player, ruling him out for road games, too.

Marks and the franchise, however, relented from that stance in December. They permitted the seven-time All-Star to play on the road, where he made his season debut on Jan. 5. After New York City dropped its remaining vaccine mandates, Irving then made his home season debut on March 27.

Irving has averaged 27.1 points, six assists, 3.9 rebounds, 1.4 steals, and shot 40.6% from three in 103 games over three seasons in Brooklyn.

Bradley Beal appears to be staying put in the nation’s capital.

The Washington Wizards star will very likely decline his $36.4-million player option for next season and re-sign on a new five-year, $248-million contract, ESPN’s Adrian Wojnarowski reports.

Washington selected Beal third overall in 2012. The Florida product has spent his entire 10-year career with the Wizards. He’s the franchise’s all-time leader in three-point field goals and trails only Hall of Fame big man Elvin Hayes in points scored.

Beal has earned three All-Star selections and one All-NBA nod during his time in Washington. After posting two straight runner-up finishes in the NBA scoring race, his production took a hit last season.

The 28-year-old averaged 23.2 points, 6.6 assists, and 4.7 boards over 40 appearances. Beal’s 2021-22 campaign ended in February after he underwent left wrist surgery.

The Los Angeles Lakers are the “most significant threat” to land Kyrie Irving if he elects to leave the Brooklyn Nets this summer, ESPN’s Adrian Wojnarowski reports.

Irving holds a $36.5-million player option for the 2022-23 campaign but can decline it to become an unrestricted free agent this offseason. The seven-time All-Star is reportedly undecided on his future with the Nets ahead of the June 29 player option deadline.

However, the Lakers lack the cap flexibility to offer Irving anything close to his player option salary for next season. The $6-million taxpayer exemption is likely the best deal Los Angeles can bring to the table, according to Wojnarowski.

A move to the Lakers would reunite Irving with LeBron James. The duo led the Cleveland Cavaliers to their lone title in 2016.

The Los Angeles Clippers and the New York Knicks have also been linked to Irving should the former No. 1 overall pick hit the open market.

Irving averaged 27.4 points, 5.8 assists, 4.4 boards, and 1.4 steals over 29 appearances last season.

Houston Rockets guard John Wall exercised his $47.4-million player option for the 2022-23 season, his agent informed the club, sources told The Athletic’s Shams Charania.

Wall and the Rockets are expected to work through a resolution in the near future, adds Charania.

Houston acquired the five-time All-Star and a 2023 lottery-protected first-round pick from the Washington Wizards two years ago in exchange for Russell Westbrook.

Wall has made only 40 appearances with the Rockets, averaging 20.6 points, 6.9 assists, and 1.1 steals. He sat out the entire 2021-22 campaign as the club worked with him on finding a new team, but Houston couldn’t strike a deal with another squad.

Wall reportedly informed the Rockets last November that he wanted to rejoin the active roster as a starter, but he remained on the sidelines as the franchise planned to have him come off the bench.

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DeMar DeRozan is preparing to hit the open market.

The 30-year-old will turn down his $27.7-million player option for the 2020-21 season if he and the San Antonio Spurs cannot agree to an extension by late June, Yahoo Sports’ Chris Haynes reports.

Though the move would permit DeRozan to field offers from any team in the NBA, it also wouldn’t definitively rule him out from a return to San Antonio next season, sources told Haynes.

The New York Knicks are expected to have interest in DeRozan if he becomes an unrestricted free agent, Haynes notes.

After nine seasons with the Toronto Raptors to begin his NBA career, DeRozan was shipped to the Spurs alongside big man Jakob Poeltl as part of the deal that sent Kawhi Leonard and Danny Green north of the border.

Now in his second campaign in San Antonio, DeRozan is averaging 22.2 points, 5.6 rebounds, and 5.6 assists on 34.3 minutes per game. The four-time All-Star is shooting 26.7% from deep this season after shooting just 15.6% from 3-point range last season with the Spurs.

As expected, Kawhi Leonard will decline the final-year player option on his contract and become an unrestricted free agent, sources told Yahoo’s Chris Haynes, who adds Leonard is seriously considering re-signing with the Toronto Raptors.

Leonard was owed $21.3 million in 2019-20 but can earn approximately $33 million next season by declining the option and signing a new deal. Though his hometown Los Angeles Clippers have been widely linked to Leonard, the Raptors are the only team in the league that can offer him a max contract with a fifth year.

The 27-year-old could also choose to join a team on a one-year contract with an option, known as a one-plus-one. Such a deal could take him through to the summer of 2021 when he’ll be able to earn 35 percent of his team’s salary cap after 10 years of NBA service.

Leonard hit career highs in scoring and rebounding in his first season in Toronto, leading the Raptors to their first-ever NBA championship and capturing his second Finals MVP award.

Brooklyn Nets v Sacramento Kings - NBA Global Games Beijing

Rudy Gay has informed the Sacramento Kings that he plans to opt out of his player option following the 2016-17 season, and is unlikely to negotiate a new deal with the team, league sources tell The Vertical’s Adrian Wojnarowski.

According to Wojnarowski’s sources, Gay is “strongly leaning” against re-signing with the Kings, putting added pressure on management to trade him this season. Another report by ESPN’s Marc J. Spears indicated Gay has told the organization he is leaving.

“It’s not rocket science,” Spears quoted Gay as telling him.

While Sacramento hasn’t ruled out moving the 6-foot-8 forward, the Kings reportedly believe there are few deals available that would be worth giving up a player of Gay’s stature.

Gay’s name has appeared in a number of trade rumors this summer, and has reportedly drawn interest from both the Indiana Pacers and Miami Heat. The Kings reportedly have no desire to move Gay without a substantial return, leading several teams to label their asking price “unreasonable.”

Gay stated in an interview earlier this summer that he hasn’t had the communication that he would like with Kings management, and was less than thrilled when asked about Sacramento’s offseason additions.

The 10-year veteran is scheduled to make $13.33 million during the upcoming season, and holds a player option for $14.26 million for the 2017-18 campaign.

In 70 games this past season, Gay averaged 17.2 points, 6.5 rebounds, 1.7 assists, and 1.4 steals on 46.3 percent shooting and 34.4 percent from deep.

The Kings will open their season next month against the Phoenix Suns.