Monday, June 23, 2014

2014 NBA Mock Draft v2

The 2014 NBA Draft is only a few days away, so here's my final mock draft.

#
Team
Player

1
Cleveland Cavaliers
Andrew Wiggins
It’s time for Cleveland to not overthink things. Wiggins has looked like a #1 for a solid year, and has the rare athletic talent and size to be a dominant wing player. I think his detractors are forgetting how young he is. Like all prospects, development will be key for him.
2
Milwaukee Bucks
Jabari Parker
This seems like an increasingly good fit for both sides. Parker can start his career in the anonymity of Milwaukee and work on his craft.
3
Philadelphia 76ers
Noah Vonleh
The Sixers are as disappointed as any team about Embiid’s injury, because it means Wiggins is less likely to fall to 3. I think they should pair Vonleh with Nerlens Noel and create a dynamic inside tandem with great complementary skills.
4
Orlando Magic
Dante Exum
They’ll be tempted by Embiid, but ultimately the risk is too high with Exum sitting on the board.
5
Utah Jazz
Marcus Smart
The back court of Smart and Burke would be non-traditional for sure, but a smart coach could make it work (see Hornacek, J.)
6
Boston Celtics
Joel Embiid
Danny Ainge knows a rare asset when he sees one, and will likely grab Embiid if available, if for no other reason than to strengthen their bid for Kevin Love.
7
LA Lakers
Julius Randle
Believe it or not, the Lakers are rebuilding. Randle is a forgotten man in this draft, but could easily average a double-double as a rookie and remind everyone why he was considered a top 5 prospect for most of the year.
8
Sacramento Kings
Aaron Gordon
He’s the best player available and fills a need. Clean score for the Kings, who should be getting better soon… right?
9
Charlotte Hornets
Gary Harris
Coach Steve Clifford is smart enough to know that he can’t get away with playing subpar defenders on the wing with Big Al manning the center position. Yes, they need shooters, but those shooters have to be able to stay on the floor defensively. That’s why I like Harris here.
10
Philadelphia 76ers
Nik Stauskas
The best shooter in the draft is a great fit here.
11
Denver Nuggets
Doug McDermott
Nobody knows what type of team Brian Shaw wants to build, but the legacy (and atmosphere) of the team always shifts towards fast-paced offence. Doug has a million tricks up his sleeve and should pair nicely with Ty Lawson.
12
Orlando Magic
James Young
With Aaron Afflalo being shopped, wing depth is a key need. Young is a nice upside pick here.
13
Minnesota T’Wolves
Rodney Hood
The best shooter on the board, Hood can space the floor for Flip Saunder’s offense.
14
Phoenix Suns
Dario Saric
Saric will spend the next 2-3 years in Turkey, which is OK with the Suns.
15
Atlanta Hawks
Elfrid Payton
There are rumors of Payton going much higher than this, but this is probably his floor. The Hawks have never been sold on Jeff Teague as the long-term solution at point guard, so it’s a good fit.
16
Chicago Bulls
Clint Capela
As I mentioned in a previous post, the Bulls are more focused on Melo than this draft. Using this pick on an international “stasher” can help save cap space now. Capela has out of this world length and projected stats, the makings of a future defensive anchor.
17
Boston Celtics
Zach LaVine
Briefly considered a top-10 prospect, LaVine has athleticism in spades but has no idea how to play basketball. Trust me, I’m a UCLA fan. I like the idea of Celtics “royal jelly” working its magic on this kid.
18
Phoenix Suns
Tyler Ennis
Rumors are going around that the Suns are looking for a point guard. Who knows if that’s true or why, but Ennis is a good value here anyways.
19
Chicago Bulls
Adreian Payne
Falling on draft boards due to his age (he’s 6 months older than Kawhi Leonard), Payne could fill a role as a backup big immediately because of his length, rebounding, and shooting ability.
20
Toronto Raptors
Jarnell Stokes
This bruising forward has been charging up draft boards due to his similar stats and measurables to Julius Randle. The Raptors are a good team, so they can develop this talented but raw young big man.
21
OKC Thunder
PJ Hairston
Hairston shot around leave average from 3pt range in the D-League, but was an 87% free throw shooter. This shooting potential, along with his NBA-ready frame, could make him a solid role-player for a shallow Thunder squad.
22
Memphis Grizzlies
Kyle Anderson
Something tells me the Grizz can figure out a way to incorporate Slo-Mo. He’d probably be better than Tayshaun Prince on opening night 2014-15.
23
Utah Jazz
Jusuf Nurkic
Seven footers who can score with their back to the basket used to get drafted in the top 5. This young man from Bosnia could be a terrific scoring big off the bench in a few years.
24
Charlotte Hornets
Shabazz Napier
Napier is a very similar prospect to the dynamic Kemba Walker. What a luxury it would be for Clifford to have a Kemba clone on the bench!
25
Houston Rockets
KJ McDaniels
The perimeter defense on the Rockets is flat horrible. Who guards Durant? Nobody. McDaniels doesn’t have a strong offensive game, but is a fantastic athlete and defender.
26
Miami Heat
Jordan Clarkson
Chalmers likely won’t get an invitation back, so Norris Cole needs a backup. Clarkson may be underrated in this draft due to a challenging junior season and being 22 years old.
27
Phoenix Suns
Cleanthony Early
Early is a great fit with what their building in the desert.
28
LA Clippers
Mitch McGary
The Clippers desperately need another big, and McGary has more skills than the competition at this point.
29
OKC Thunder
TJ Warren
I actually like Warren at #21 for them, so if he falls here he might be hard to pass up.
30
San Antonio Spurs
Jordan Adams
The metrics say Adams is one of the best prospects in this whole draft, and the Spurs certainly know how to get the best out of players passed on by other teams due to perceived limitations.

Tuesday, June 3, 2014

2014 NBA Draft Mock v1

The Cavs? Again? REALLY?!

This is going to be a "should do" mock, as in, this is what I think each team should do with their pick(s).

As always, thanks in advance to @ChadFordInsider and www.draftexpress.com for their in depth coverage.


#
Team
Player

1
Cleveland Cavaliers
Joel Embiid
Embiid has the best chance in this draft class to be elite at both ends of the floor. I think the Cavs will actually opt for the "more ready" Wiggins or Parker, but that could be a(nother) costly mistake.
2
Milwaukee Bucks
Jabari Parker
With a new ownership and a bad roster filled with long contracts, the Bucks need a spark to get fans interested, not necessarily championship cornerstones. Parker may not be good enough defensively to ever anchor a contender, but his dazzling offensive arsenal will draw national attention.
3
Philadelphia 76ers
Andrew Wiggins
With a point guard as reigning rookie of the year and last year’s top ranked prospect joining the team to defend the rim, this young team is desperate for wing talent. They would happily snap up Wiggins here and hope he can become a better version of Iguodala.
4
Orlando Magic
Dante Exum
Most NBA nerds are excited about the Oladipo era, and combined with Exum the Magic would have one of the league’s most explosive backcourts. Who cares which one plays point guard?
5
Utah Jazz
Noah Vonleh
Vonleh has ideal size, athleticism, and age for a top 5 prospect. He’s a good rebounder and emerging shooter, leading to favorable comparisons to Chris Bosh. He can play behind Enes Canter and Derrick Favors while he grows up.
6
Boston Celtics
Julius Randle
The players available here are actually quite similar to players they already have. Randle and Jared Sullinger overlap significantly as undersized offense-first power forwards, but Randle is just better all around.
7
LA Lakers
Marcus Smart
The Lakers have very few players. Period. They’ll need someone to actually dribble the ball, so a point guard makes sense. Getting Smart here would be a coup because he has the personality type (and talent) to keep with Kobe, if he ever returns to form.
8
Sacramento Kings
Aaron Gordon
The Kings desperately need a power forward to play with star DeMarcus Cousins. It’s unclear whether or not Gordon can shoot, but his defense-first mentality and unselfish athleticism are ideal to fill that void.
9
Charlotte Hornets
Zach LaVine
As a playoff team with a top-10 pick, the Hornets have fewer needs than typical lottery teams. They have the luxury of swinging for the fences on the talented but unproven UCLA guard. He won’t have to start as a rookie, and if he ends up being a point guard or a wing it doesn't matter to them. Of the players likely available here, he has the most upside.
10
Philadelphia 76ers
Dario Saric
The Sixers are playing the long game, so they don’t mind if Saric stays in Europe another year or so. He’s a top-5 talent with a #10 pick.
11
Denver Nuggets
Gary Harris
His athleticism and shooting are a great fit with this team, and he should be an immediate upgrade over last year’s starter Randy Foye.
12
Orlando Magic
Nik Stauskas
The Magic will continue to shop Jameer Nelson and Arron Afflalo for younger players and draft picks, and Stauskas could fill into the potentially thin guard rotation with excellent shooting.
13
Minnesota T’Wolves
James Young
This team really banked on Chase Buddinger to provide 3pt shooting and wing defense, be he regressed badly after some unfortunate injuries. Young has great potential with excellent physical tools and big performances in the NCAA tournament at only 18 years old.
14
Phoenix Suns
Doug McDermott
PJ Tucker is a free agent, so there may be playing time open for a small forward. McDermott can rain threes while Dragic and Bledsoe cut opposing defenses to pieces.
15
Atlanta Hawks
Rodney Hood
The Hawks really need a wing here, and will have a few to choose from. Hood has the best size and shooting ability of the guys still on the board.
16
Chicago Bulls
Adreiane Payne
Payne is a good defender, shooter, and rebounder. His 7’4” wingspan suggests he can both big positions. The major question is his age, 23, which limits his upside. Chicago, in win-now mode, shouldn't be bothered by his maturity.
17
Boston Celtics
Tyler Ennis
He’s got borderline lottery talent and is clearly the best player available. The C's can worry about fit later, this pick is about gathering assets.
18
Phoenix Suns
Cleanthony Early
A fast, high-character freak athlete who can shoot 3's? The more the merrier in the desert.
19
Chicago Bulls
Elfrid Payton
If the Bulls gamble and don’t pick a point guard to back up DRose at #16, they would be thrilled to see Payton fall to them here. He has size and a smooth game and should fit in nicely with the Bull’s annually strong bench.
20
Toronto Raptors
Jerami Grant
The Raptors were very good last year, and have youth enough to get even better through internal development. They can take a swing with Grant; if he ever develops an outside shot, he could be a steal. If not, he’s another athlete off the bench to play some defense.
21
OKC Thunder
T.J. Warren
In case you don’t remember, the Thunder bench had some major problems scoring in the 2014 Western finals. Warren is a crafty and talented scorer who could bolster that meager second unit.
22
Memphis Grizzlies
P.J. Hairston
The strong player culture in Memphis might be perfect to bring out his many talents. He’d get plenty of open looks with ZBo and Gasol up front.
23
Utah Jazz
Clint Capela
With so many young players on the roster already, Utah may be looking for an opportunity to draft and stash. The lanky Swiss has fallen out of favor with scouts due to how raw he is, but he has the best physical tools of all the international prospects.
24
Charlotte Hornets
Mitch McGary
Again, the Hornets can afford take a chance with their pick. McGary has shown flashes of brilliance, especially in the 2013 NCAA tournament, but has seen his stock slide due to a tough sophomore campaign marred by injuries.
25
Houston Rockets
K.J. McDaniels
The Rockets are sorely lacking in wing defenders. McDaniels is a terrific athlete and projects as a good defender. If he can develop a more consistent outside shot he could earn a starting spot for this team.
26
Miami Heat
Shabazz Napier
Mario Chalmers is entering free agency this offseason. If he leaves, Norris Cole will likely take over his starting spot, leaving a vacancy at backup guard. Napier has the confidence to roll with the big boys, as evidenced by his amazing title run at UConn, and should be a good fit with the 4-in-a-row Eastern champs.
27
Phoenix Suns
Nick Johnson
With their 3rd first round pick, the Suns grab the local product with incredible hops and a strong perimeter game. He lacks ideal size, but this team is unconventional enough to make it work.
28
LA Clippers
Kyle Anderson
Another local Pac-12 pick, the Clippers could use some wing depth due to the tragic loss of Jared Dudley’s one half-step of quickness.
29
OKC Thunder
Jusuf Nurkic
This behemoth center is a good draft-and-stash candidate. He could potentially replace Kendrick Perkins as the resident lumberer.
30
San Antonio Spurs
Bogdan Bogdanovic
This Serb is described as a versatile guard with excellent shooting range and court vision. Sounds to me like a future member of the “Foreign Legion.”

Wednesday, April 2, 2014

2014 Offseason Planning: Chicago Bulls

Pretending to be the GM of the Chicago Bulls is one of my favorite past-times, and there's never been a more interesting time to play the game; this offseason is likely to be one of the most volatile in recent memory. With Joakim Noah emerging as an All-NBA performer and Derrick Rose set to return, the major pieces are in place for a Tom Thibodeau-led charge to the finals in 2014-15. Bulls fans call this putting on the Derrick Rose colored glasses, and if I'm in charge of the team I have to assume that's possible.

The road to a championship roster will require carefully identifying and collecting the right players to surround their triumvirate.

Current Roster (screenshot directly from HoopsHype):


Current cap is $58.6M
Current tax is $71.7M

Assets:

Draft rights to Nikola Mirotic
Own first round draft pick (likely #18-21)
Charlotte Bobcats first round draft pick (likely #15-18)
Own second round draft pick (approximately #48 overall)
Amnesty provision available for Joakim Noah or Carlos Boozer

Get rid of Carlos Boozer's contract.

  • Option #1: Use the amnesty provision to cut Carlos Boozer.
    • Why I would do it: It's a single season buyout for a player who simply isn't worth the $16.8M salary cap hit. Because he is still somewhat effective offensively and as a rebounder, a team well under the cap may bid on his contract to soften to financial hit by $4-6M.
  • Option #2: Trade Carlos Boozer (and his now expiring contract) and their own first round draft pick on draft day to a rebuilding team with cap space for a second round pick (#37 from Utah, or #32/#39 from Philadelphia). The Jazz and Sixers are the best candidates, as they both have second rounders in this draft and are expected to be below the salary floor). 
    • Why Chicago should do it: This frees up a huge amount of space for me to work with, without using the amnesty provision that owner Jerry Reinsdorf may refused to allow. The cost is moving down 12-20 spots in the draft. The Bulls likely cannot afford or find playing time for two first round rookies next season anyways.
    • Why Uta/Phi should do it: These teams have hoarded cap space with the express purpose of "renting" it out in exchange for first round picks or trades. This fits that strategy to a T. As a bonus, Boozer is a good locker room guy and a veteran who can still play a little. He even has history with the Jazz.
NBA Draft:

Let's assume these picks will be #16, #19, and #48. It's a bit too early to do a mock draft, as there are still a few weeks before the deadline for college players to declare. No matter what, I would try and package these picks to move up (or out), as there will not be much playing time for rookies next year. It is a fairly strong draft though, so getting a solid role player for the bench isn't out of the question.

Free agency:

Once I've rid myself of Boozer's contract and used both first round draft picks and my second round pick, I will have about $50M in committed salaries to 9 players. That leaves 3 roster spots and something around $10M in cap space to fill out the roster in free agency.

My first goal in free agency will be to attempt to sign Nikola Mirotic. From what I've seen (big props to DraftExpress), Mirotic seems to have a game similar to Louis Scola if the Argentine also had a lethal 3pt shot. That's a nice combination offensively, and at  23 years old Mirotic should be valuable as a bench scorer in the NBA right away. He has played at an All-Star level for Real Madrid for the past 18 months or so, and finally has the flexibility to arrange a buyout and come to the NBA if he wants.

Valuating Mirotic is something I already spent and entire post on, which you can read here. My guess it that a three year contract of $6M per year should get it done.

Next, I'll work to re-sign Kirk Hinrich. It seems that after a few down seasons, Tom Thibodeau discovered that the best way to use Hinrich is to limit his minutes. Playing fewer than 30 minutes a night, Kirk's shooting statistics have risen to career-bests. Even at age 33, he's still a very good role player especially because he can defend both guard positions. I think the veteran minimum of around $1.5M is fair for Captain Kirk.

Next I would try and re-sign DJ Augustine. He has returned to form as a creative attacking scorer who, while inefficient, can put points on the board off the bench. He's earned Thib's trust as an "irrational confidence guy", and has played enough defense to stay on the court. I'd offer him a chunk of my remaining cap space to stay, say $1.5M, but I wouldn't chase him if another team offered him a lucrative deal.

Finally, I'd use my last scrap of cap space to sign a cheap big man to replace Nazr Mohammed. Greg Smith of the Houston Rockets is one example; he's young, long, and shown some flashes as a rebounder and rim protector. Buried on the bench behind Dwight Howard and former Bull Omer Asik, the market for his services will probably be depressed.

End game

After all these wheelings and dealings, here's what my roster looks like:
PG: Rose, DJ
Wings: Butler, Hinrich, Dunleavy, Snell
Bigs: Noah, Gibson, Mirotic, Greg Smith
Other: Two first round rookies and one second round rookie

Two All-NBA first team candidates in Rose and Noah. The league's second best coach (after Pop). A deep and battle-proven group of role players, lead by Gibson and Butler. A wildcard with tons of potential in Mirotic. Two top-20 picks in a potentially great draft. This recipe is good enough at both ends to contend for a title, and it's all possible under the salary cap, let alone the tax line.


Thursday, March 27, 2014

Valuating Mirotic

In the 2011 NBA Draft, the Chicago Bulls bartered with the Timberwolves, acquiring the 23rd pick in exchange for the 28th, a second round pick, and cash. With that #23 pick, they selected Nikola Mirotic, a 20 year-old 6'8"Montenegrin forward and a member of Real Madrid of the ACB league in Spain. For the past three years, Mirotic has developed into one of the top players in Europe.

From what I've seen (mostly in this fantastic DraftExpress scouting video), Mirotic seems to have a ground-based offensive game based on clever shot-making and an accurate 3pt set shot. That's a nice combination offensively, and at  23 years old Mirotic should be valuable as a bench scorer in the NBA right away. He has played at an All-Star level for Real Madrid for the past 18 months or so, including earning something called the Copa del Rey MVP, which sounds like a nice piece of hardware.

It is becoming more and more apparent that one should not ignore steals when evaluating prospects, and in this category Mirotic appears to be average for forwards at about 1 steal per game. While he's rightfully not known for his defense, this does not appear to be a "red flag" indicator (as it has been for some recent college prospects) that he will be unable to handle the speed of the NBA game.

The Bulls used three assets (1st rounder, 2nd rounder, cash) to get his draft rights, and the 2014 off-season is the first year the Bulls are allowed (under the CBA) to negotiate with Mirotic and Real Madrid outside the limits of the rookie pay scale. Team management has said all along that they hope to bring Mirotic over to the NBA this year, and everything points that way.

But how much will it take to get Mirotic to come over? That's a difficult question, and one GM Gar Forman is probably losing sleep over these days. Determining his worth is tricky; player comparisons mostly don't make sense because he didn't play college ball and few players have come over from Europe at this point in their careers. In the last few years, Ricky Rubio is the highest profile European player to stay overseas before coming to the states. But he came in on the rookie scale which, as a top 5 pick, was generous enough.

Best Case Scenario

In a small sample size of 21 games, Mirotic is scoring about 20 points and 7 rebounds per 36 minutes in Europe. Translating European numbers directly makes some really bad assumptions, but we can use these metrics to set a reasonable ceiling on Mirotic's offensive  production over the next couple years.

Here's a list of players with 19-22 points per 36 and 6.5-8.5 rebounds per 36 who played enough minutes to qualify for the scoring title: via basketball-reference.com. The average win shares for these 14 player seasons was 8.4

We can use that win share ballpark and some other information we know about Mirotic (he's a forward who shoots and makes lots of threes) to set some high water mark comparisons. Here are all the forwards in the past 10 years who were in the neighborhood of 8.4 win shares per season, and hit league average or above on 3pt shots: via basketball-reference.com. The names you see there are Paul Pierce, Danny Granger, Rashard Lewis, and Antawn Jamison.

Again, these are best case comparisons using some crude metrics and offense only. One of the biggest problems is that these players all logged heavy minutes, which Mirotic is unlikely to do with Taj Gibson the likely starter.

But I've tried a bunch of different comparisons, and Jamison keeps coming up. As an offensive-minded hybrid forward with range, their games seem to converge. While I don't think Mirotic will be as good on offense - or as bad on defense - as Jamison, it's one of the best comparisons I can find. Unfortunately, Jamison's salary history isn't very useful, as he was overpaid from 2002-2012 due to his big per game offensive numbers.

If Mirotic does play up to near Jamison's level, he's probably worth $8M-$10M per year as a Sixth Man of the Year candidate.

Worst Case Scenario 

The true worst case scenario is that Mirotic is awful on defense and not quick enough to get his shot off on offense, and can't crack the rotation. In that case, any salary is a drain. But assuming he's minimally useful as a floor-spacing big off the bench, he would be of some value as a role player.

It turns out, bench forwards who hit 3 point shots are rare in today's NBA (via basketball-reference.com). Mirza Teletovic of the Nets is one such player, jacking a whopping 4.6 threes per game, but making them at a healthy 38% clip. Teletovic makes $3M per year and is probably a good bargain given his shooting prowess.

Negotiation

It's possible, albeit unlikely, that Mirotic will come over and immediately start putting up similar shooting, rebounding, and steals numbers to his Real Madrid days. If that happens, he'll be a borderline All-Star and worthy of a seven figure per year deal. But there has to be a serious discount because he hasn't yet proven that his Europeans stats will translate to the NBA. A fair compromise might be a three year deal at $4-6M per year. That way Chicago is protected in case he's not as good (or significantly better) than advertised and Nikola scores $12-18 million bucks to come play in the states for a couple years.


Tuesday, February 25, 2014

Welcome to Hell: Denver Nuggets Edition

Take a look at the Denver Nugget's salary cap situation (via HoopsHype.com). Seriously, look at it.

Next season, without including their likely top 10 draft pick (more on that later) or adding anyone in free agency, the Denver Nuggets will have a higher payroll than this season and be well over the salary cap. The salary dump of Professor Andre Miller keeps them under the tax, but after signing their first round draft pick they'll be over $66M in payroll. Oh, and did I mention they're bad at basketball?

Well actually, they're more of a middling basketball team; right in the middle of the league in offensive efficiency and in the bottom third defensively, per ESPN. Their average margin of -2 is certainly not playoff caliber, but it's also not 2011-12 Bobcats awful (-14!!!!). They have one of the league's best point guards in Ty Lawson, who is managing to maintain a high level of play despite having to carry an offense with few other weapons. The Manimal, Kenneth Faried, is the type of role player every team would love to have. Beyond that, the roster is fairly barren.

The problem is, it's hard to see how they get any better. The JaVale McGee contract (>$12M per year for three more seasons) is among the worst in the league and Gallinari's isn't much better (two more years over $11M). Gallo has been hurt on and off for years now, and JaVale was never worth that kind of guaranteed money. Perhaps if both were healthy and performing at their peaks this team would be more dangerous, but there's no reasonable expectation that such scenario will actually occur.

There's a little bit of light at the end of the tunnel, in that they own the New York Knick's 2014 draft pick from the Carmelo trade. Unfortunately, they have to convey their own pick to Orlando (part of the Dwight Howard trade that landed them Iguodala for one year), meaning that in essence this is a pick swap only, and Orlando comes out the real winner. That Knick's pick would be the #9 overall if the season ended today, and is most likely going to fall in the 7-11 range when all is said and done. Without some lottery magic, that's a good pick but not a franchise-changer.

So where do they go from here? Lawson is only 26 years old, just entering his peak. They could try and move him for draft picks, but I doubt they'd get a better player. Rebuilding around him is problematic because of the salary problems, but it can be done if they are committed to bottoming out in the 2014/15 season. Few fans have any idea what the 2015 draft will look like.

Here are some moves which could improve their outlook:

Trade #1:

Celtics receive:
2014 first round draft pick from Knick's ~#9 overall
2014 second round draft pick from Denver ~#43 overall
Danilo Gallinari

Denver receives:
2014 first round draft pick from Hawks/Nets, #17-21 overall
Brandon Bass
Joel Anthony

The salaries match, but Gallo's is one year longer. So in this trade, the Celtics are renting cap space in 2015/16 for the right to get a second pick in the top 10, plus a second rounder as a sweetener. If Gallo gets healthy, he could provide a veteran scoring punch for a very young team. For Denver, they get $10M of cap space cleared for the summer of 2015 and still hold onto a first rounder. Bass is a solid pro and locker room guy, and Anthony would probably be cut. He somehow has a $3.8M player option this summer which he would be insane to decline.

Trade #2:

Oklahoma City receives:
Kenneth Faried

Denver receives:
#21 overall pick (from Dallas)
#29 overall pick (OKC's own)
Hasheem Thabeet

This requires that the Mavs keep up their solid play, as this pick is top 20 protected. But those two picks combined have a similar salary hit to Faried alone in 2014/15, and OKC would much rather have a proven veteran than two more rookies. For Denver, they pick up two "swings" at first rounders for a total of 3 picks in the second half of the draft. Paying Thabeet's final year at $1.2M is the cost of doing business.

The 2014/15 season would be tank-city after these trades; time for coach Brian Shaw to bring in rookies who fit his system (assuming he has one?). In the summer of 2015, they would likely have a top 5 pick and they will be able to decline team options on Wilson Chandler, Timofey Mozgov, and Randy Foye (totaling $15M).

Their entire roster in summer 2015 would come in at around $40M, leaving them about one max contract slot under the cap (currently $58M, probably >$60M by then):

Ty Lawson ($12M)
JaVale McGee ($12M)
Evan Fournier ($2.3M, team can decline option if he doesn't get better)
JJ Hickson ($5.6M, very movable contract)
#17 pick 2014 (~$1.5M)
#21 pick 2014 (~$1M)
#29 pick 2014 (~$1M)
Top 5 pick 2015 ($5M or less)

There's not much chance of a big name star like Kevin Love or LaMarcus Aldridge (both FA's in 2015) signing into that cap space, but OKC and Houston have shown that hoarding cap space and picks can help build a contender quickly. If everything falls just right, they may even be back in the playoffs for the 2015/16 season.