VanVleet to Houston; many big names stay put as NBA free agency opens

Toronto Raptors guard Fred VanVleet during the second half of an NBA game against the Washington Wizards on March 2, 2023. On Friday, VanVleet agreed to a three-year, $130 million deal to join the Houston Rockets. (AP/File Photo))
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Updated 01 July 2023
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VanVleet to Houston; many big names stay put as NBA free agency opens

  • Irving and Luka Doncic are going to try again together in Dallas
  • Free agency in the NBA got off to its traditional fast and free-spending start — with roughly $1.5 billion in deals getting struck in about the first three hours alone

NEW YORK: Fred VanVleet bet on himself, and the Houston Rockets are the beneficiaries.

On an opening night of free agency where most big names — Kyrie Irving, Draymond Green, Khris Middleton, Kyle Kuzma and more — stayed put, VanVleet is headed to a new home. He agreed to a three-year deal Friday with the Rockets that’ll pay him about $130 million, a person with knowledge of the negotiations told The Associated Press.

ESPN first reported the agreement between VanVleet and the Rockets.

VanVleet — who famously uses the phrase “bet on yourself” to describe his career trajectory from undrafted player to NBA champion with the Toronto Raptors — will make about $525,000 per game over the next three seasons.

That nearly matches what he made as a rookie in Toronto, total — about $550,000.

“Love seeing guys getting paid,” Boston star Jayson Tatum tweeted.

And a whole bunch of them did on Friday night — with more to come.

Irving and Luka Doncic are going to try again together in Dallas. Green is going to chase more championships with Stephen Curry in Golden State, just like Middleton is alongside Giannis Antetokounmpo in Milwaukee.

And Jerami Grant is staying put in Portland, for serious money. All those decisions came quickly Friday night as free agency in the NBA got off to its traditional fast and free-spending start — with roughly $1.5 billion in deals getting struck in about the first three hours alone.

Irving agreed to a three-year, $126 million deal to remain with the Mavericks, who acquired him in a splashy move in February but sputtered down the stretch and missed the playoffs. A person with knowledge of the negotiations confirmed the agreement to The Associated Press, the deal taking quite possibly the biggest name in free agency off the board.

The Mavs had made clear that keeping Irving was their top priority — and got it done in the first hour of the NBA’s free agency window that opened at 6 p.m. EDT.

“DA11AS,” Irving tweeted, using his traditional jersey number in there.

Grant is getting $160 million over the next five years, part of a plan that Portland hopes keeps Damian Lillard happy enough to not ask for a trade. Grant is staying put, as is Kuzma in Washington and Cam Johnson in Brooklyn.

Kuzma essentially doubled his annual salary, agreeing to a $102 million, four-year deal with the Wizards. Green got a new contract that’ll pay him $100 million over four seasons with the Warriors. Both of those deals — first reported by ESPN and subsequently confirmed to AP by people with knowledge of the negotiations — got done very quickly once the offseason player movement window opened.

Kuzma had opted out of a contract that would have paid him $13 million in Washington this coming season; he’ll now average $25.5 million over the next four years after scoring 21.2 points per game this past season.

Green staying put keeps him alongside Curry and Klay Thompson with the Warriors, where they have won four titles over the last decade. He opted out of a $27.6 million contract for this coming season, and now is under contract for more years.

Middleton also traded bigger salary in the short term for more years. He could have made $40 million this coming season; instead, he agreed to $102 million over three years to stay with Antetokounmpo and a Bucks team that’s only two years removed from an NBA championship.

Johnson — who flourished and averaged 16.6 points in 25 games with Brooklyn after getting traded there this past season — is getting a four-year, $108 million deal from the Nets, agent Steve Heumann of CAA confirmed to AP. New Orleans also saw one of its key players stay put; defensive standout Herb Jones agreed to a four-year, $54 million contract.

The reigning NBA champion Denver Nuggets lost a free agent they wanted to keep, with Bruce Brown agreeing to sign with Indiana, a person with knowledge told AP, on a two-year deal that could be worth $45 million. There is an option affecting the second year.

There was simply nothing the Nuggets could do to compete with that offer — they could only offer Brown $7.8 million for this season. Brown will average nearly three times that much over the next two years.

The team that Denver beat for that title, the Miami Heat, also lost a key player from their club. Gabe Vincent agreed to a three-year, $33 million deal to join LeBron James and the Los Angeles Lakers — who went to the Western Conference finals before falling to the Nuggets. The Lakers also kept Rui Hachimura on a three-year deal worth about $50 million.

The Eastern Conference champion Heat are retaining Kevin Love — who quickly became a locker room leader after arriving in Miami — and brought back former Miami guard Josh Richardson. Love is getting $3.7 million this season; both he and Richardson have an option for 2024-25 as well.

Meanwhile, Rookie of the Year Paolo Banchero has a new veteran with him in Orlando; Joe Ingles agreed to a two-year, $22 million deal to join the Magic. And Tre Jones will sign a two-year, $20 million deal with the San Antonio Spurs to play alongside No. 1 pick Victor Wembanyama, agent Kevin Bradbury said.

And once VanVleet picked Houston, the Raptors moved quickly to fill their point guard opening and agreed with Dennis Schroder on a two-year, $26 million deal, according to his representation at Priority Sports. Another point guard was on the move not long afterward; 2011 NBA MVP Derrick Rose agreed to a deal with Memphis — the city where he played his one season of college basketball — in a deal first reported by SNY.

Cap numbers

Shortly before the 6 p.m. window opened, the NBA confirmed the financial particulars for the coming season.

The salary cap that goes into effect Saturday will be $136.021 million — the highest in league history, as expected. The tax level is $165.294 million.

All teams will have to commit at least $122.418 million in salaries for the coming year. The first apron level is $172.346 million, the second apron has been established at $182.794 million, the midlevel for non-tax teams is $12.405 million, for taxpayers it is $5 million, and the room mid-level is $7.723 million.

Most deals cannot be officially completed until July 6, when the league’s offseason moratorium is lifted.


Carrick takes Manchester United helm until season’s end

Updated 12 sec ago
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Carrick takes Manchester United helm until season’s end

  • Carrick faces an immediate baptism of fire with his first match being the derby against Man City
  • “My focus is now on helping the players to reach the standards that we expect at this incredible club,” Carrick said

MANCHESTER: Manchester United have turned to one of their own, appointing their former midfielder Michael Carrick to steady the ship as interim manager until the season’s end, the Premier League club said on Tuesday.
Carrick replaces Ruben Amorim, who was sacked earlier this month, and faces an immediate baptism of fire with his first match being the derby against second-placed Manchester City at Old Trafford on Saturday.
“Michael is an excellent coach and knows exactly what it takes to win at Manchester United,” club director of football Jason Wilcox said in a statement.
“He is ready to lead our talented and determined group of players for the remainder of the season as we continue to build the club toward regular and sustained success.”
The 44-year-old former Middlesbrough manager inherits a team in crisis, sitting seventh in the Premier League table — a whopping 17 points behind leaders Arsenal — and eliminated from both domestic cups.
“Having the responsibility to lead Manchester United is an honor,” Carrick said.
“I know ⁠what it takes to succeed here; my focus is now on helping the players to reach the standards that we expect at this incredible club, which we know that this group is more than capable of producing.
“There is still a lot to fight for this season, we are ready to pull everyone together and give the fans the performances that their loyal support deserves.”
The FA Cup exit in a 2-1 home defeat by Brighton & Hove Albion on Sunday has left United facing their shortest season since 1914-15, with just 40 games to play.
It is a return to familiar territory for Carrick, who ⁠previously served as caretaker manager in 2021 following Ole Gunnar Solskjaer’s dismissal.
A team source said three candidates were interviewed, with British media reporting that Solskjaer was in contention for the role.
United were not keen to change head coaches mid-season, according to the team source, but results and behaviors meant they needed to act immediately in order to achieve their objectives. The objective was to bring in someone who knew and understood the club to reduce the risk of a period of adaptation.
Following Amorim’s turbulent tenure, United had placed Carrick’s former teammate and under-18 coach Darren Fletcher in temporary charge but he failed to register a win in his two games, having also drawn 2-2 with lowly Burnley in the league.
“The club would like to place on record its gratitude to Darren Fletcher for his leadership during the last week,” the club said in its statement.
“Fletcher will remain as Lead Coach of the Under-18s, playing a vital role ⁠in developing players ready to perform in a winning Manchester United first team.”

MANCHESTER UNITED PEDIGREE
Carrick brings significant United pedigree having made 464 appearances across all competitions during his playing career, lifting five Premier League titles and one Champions League trophy with the club.
His managerial experience includes a mixed stint at second-tier club Middlesbrough, where he initially worked wonders after joining in October 2022 with the Championship side languishing in 21st place.
Carrick quickly turned things around, guiding them to a fourth-placed finish and the playoffs in his first season while they reached the League Cup semifinals the following campaign.
However, Middlesbrough failed to gain promotion as they finished eighth and 10th in his last two seasons, leading to Carrick’s dismissal in June last year.
Carrick faces a testing first two games in charge, with a trip to the Emirates to play Arsenal following the Manchester derby.
With domestic cups already off the table, securing a top-four finish will be a key target, but Carrick will also be tasked with reviving belief and tactical cohesion in a demoralized squad in a state of disarray.