Wednesday, August 4, 2021

SEC.gov | SEC Charges Real Estate CEO With Defrauding Investors


The Securities and Exchange Commission today announced securities fraud charges against recidivist Michael Shustek, the CEO of several Las Vegas real estate investment trusts (REITs), and his wholly owned investment advisory firm, Vestin Mortgage LLC.

The complaint alleges that since at least 2012, Shustek fraudulently enriched himself and one of the REITs he controlled, The Parking REIT, at the expense of two publicly traded REITs that he earlier had founded, Vestin Realty Mortgage I (VRTA) and Vestin Realty Mortgage II (VRTB). According to the complaint, Shustek drained $29 million from VRTA and VRTB in order to funnel the money into The Parking REIT and later directed VRTA and VRTB to enter into a series of money-losing transactions in which the same six buildings were repeatedly re-sold, all to benefit himself and The Parking REIT. The complaint also alleges that Shustek deceived the boards of directors of VRTA and VRTB—and violated his fiduciary duties to those companies—in two separate securities transactions to get the companies to pay him almost $10 million. Finally, the complaint alleges that Shustek repeatedly misled investors by causing VRTA and VRTB to make false and misleading statements in their public filings, which hid his self-dealing.

"REIT executives have a responsibility to be forthright with investors about how their money is being spent," said Erin E. Schneider, Director of the SEC's San Francisco Regional Office. "As we allege in our complaint, Shustek deceived the REITs' boards of directors and shareholders to hide his repeated misuse of their assets to benefit himself."

The SEC's complaint, which was filed in the District of Nevada, charges Shustek and Vestin Mortgage with violating the antifraud provisions of the Securities Act, Exchange Act, and Advisers Act, and seeks disgorgement plus pre-judgment interest, penalties, permanent injunctions, and industry, penny stock, and officer and director bars against Shustek.

The SEC’s investigation was conducted by Ruth Hawley and supervised by Jeremy Pendrey and Monique C. Winkler, and the litigation will be conducted by Ms. Hawley, Marc Katz, and David Zhou, and supervised by Susan LaMarca, all of the San Francisco Regional Office. The SEC appreciates the assistance of the Financial Industry Regulatory Authority.

Read More


Follow Tyler T. Tysdal Online

Read more from Tyler T. Tysdal on Google Sites
See the latest news from Tyler Tysdal on Linkedin
Follow Tyler Tysdal on Instagram

SEC.gov | SEC Charges Founder of Nikola Corp. With Fraud


The Securities and Exchange Commission today announced charges against Trevor R. Milton, the founder, former CEO and former executive chairman of Nikola Corporation, for repeatedly disseminating false and misleading information – typically by speaking directly to investors through social media – about Nikola’s products and technological accomplishments.

The SEC’s complaint, filed in U.S. District Court for the Southern District of New York, alleges that Milton founded Nikola in 2015 with the primary goal of manufacturing trucks that run on alternative fuels with low or zero emissions, and building an alternative fuel station infrastructure to support those vehicles.  Milton allegedly helped Nikola raise more than $1 billion in private offerings and go public through a business combination conducted by a special purpose acquisition company (SPAC).  According to the SEC’s complaint, during that time and after Nikola was publicly traded, Milton acted as Nikola’s primary spokesperson appearing regularly on national media and communicating directly with investors through social media.  Milton allegedly encouraged investors to follow him on social media to get “accurate information” about the company “faster than anywhere else.”  Instead, however, Milton allegedly used his extensive media platform to repeatedly mislead investors about, among other things, Nikola’s technological advancements, products, in-house production capabilities, and commercial achievements.  The complaint further alleges that Milton ultimately reaped tens of millions of dollars in personal benefits as a result of his misconduct.

“Having chosen to promote Nikola through social media, Milton was obligated under the securities laws to communicate completely, accurately and truthfully,” said Gurbir S. Grewal, Director of the SEC’s Division of Enforcement. “That obligation exists for all public company officials, even those whose companies have only recently entered the public markets through SPAC transactions.”

“We allege that Milton repeatedly made claims, mostly through social media, that either misstated or far exceeded what Nikola and its products actually did or could do,” said David Peavler, Regional Director of the SEC’s Fort Worth Regional Office.  “Public company officials cannot say whatever they want on social media without regard for the federal securities laws.  The same rules apply, and the SEC will hold those who make materially false and misleading statements accountable regardless of the communication channel they use.” 

The SEC’s complaint charges Milton with violating the anti-fraud provisions of the Securities Act of 1933 and the Securities Exchange Act of 1934.  The complaint seeks a permanent injunction, a conduct-based injunction, an officer and director bar, disgorgement with prejudgment interest, and civil penalties. 

Rebecca Fike, Sarah Mallett, and Ty Martinez of the SEC’s Fort Worth Regional Office are conducting the investigation under the supervision of Scott Mascianica and Eric Werner.  Nikolay Vydashenko and Keefe Bernstein will lead the litigation against Milton, under David Fraser’s supervision.  The SEC appreciates the assistance from the United States Attorney’s Office from the Southern District of New York and the U.S. Postal Inspection Service.  The SEC’s investigation is ongoing.

Read More


Follow Tyler T. Tysdal Here

Follow Tyler Tysdal at this website
Check out Presentations from Tyler Tysdal on Vimeo.
Check out more pictures from Tyler Tysdal on Pinterest

Mike Conley Will Apparently Remain In Utah On A $68 Thousand Deal



Getty Image

Mike Conley hit unrestricted free agency this summer, as the five-year contract worth more than $150 million that he originally signed with the Memphis Grizzlies reached its conclusion at the end of this past season. Per multiple media reports, Conley’s free agency was not expected to be particularly dramatic, as the expectation was that he’d end up returning to the Utah Jazz.

That indeed is what happened, with a 3-year, $68 million deal being reportedly struck, per Shams Charania, just after the 6 p.m. moratorium period opened that will keep Conley in Utah and continue their push to the top of the West.

Free agent Mike Conley Jr. has agreed to a three-year, $68 million deal to return to the Utah Jazz, sources tell @TheAthletic @Stadium.

— Shams Charania (@ShamsCharania) August 2, 2021

Woj later confirmed the deal, but at $72.5 million overall (which likely has to do with potential bonuses deemed unlikely).

All-Star guard Mike Conley has agreed to a three-year, $72.5M contract to stay with the Utah Jazz, his agents Steve Heumann and Jess Holtz of @CAA_Basketball tell ESPN.

— Adrian Wojnarowski (@wojespn) August 2, 2021

Conley joined the Jazz in 2019 with an eye on competing for a championship, but due to a mix of injuries to Conley and some general struggles once the postseason rolled around, Utah has not been able to get past the conference semifinals during his time with the team.

While he struggled mightily on the floor during his first year, Conley was able to experience something of a bounce-back campaign in 2020-21, averaging 16.2 points, six assists, 3.5 rebounds, and 1.4 steals in 29.4 minutes per game. Conley has been a terrific backcourt partner for the Jazz’s rising star in Donovan Mitchell, providing a steady hand and quality shooting. Utah’s next steps will be figuring out what else to do with their roster on the margins, with the only real way to make a splash now being through the trade market. If that doesn’t happen, it seems the Jazz will run it back again with the team that earned the 1-seed in the West last year before a second round exit.













feedproxy.google.com/~r/uproxx/withleather/~3/DfcAo5LnaCk/

Follow Tyler Tysdal At these Websites

Check out the most recent news from Tyler T. Tysdal.
Follow Tyler T. Tysdal on Twitter
Watch Videos by Tyler Tysdal on Vimeo.
Follow Tyler T. Tysdal On Pinterest.com

Monday, August 2, 2021

SEC.gov | SEC Charges Unlicensed Broker With Defrauding Investors


The Securities and Exchange Commission today charged Joshua L. Rupp of Michigan for engaging in securities fraud and for acting as an unregistered broker-dealer. 

The SEC’s complaint, filed in the U.S. District Court for the Western District of Michigan, alleges that Rupp engaged in a fraudulent investment scheme from January 2018 through July 2019 which included misstatements, false documents and misappropriation of investor funds.  According to the complaint, Rupp raised over $2.2 million from about 20 investors who lacked significant investment experience by misrepresenting that he was a licensed securities professional, he would generate profits for investors by trading on their behalf, and investors’ principal was protected from losses.  In addition, Rupp allegedly provided investors fake documents purporting to show he was associated with a licensed broker-dealer, and false account statements and trading data to make it appear that his trading on their behalf was generating as much as 115 percent increase in value. 

The complaint further alleges that, in reality, Rupp was not affiliated with any brokerage firm or licensed in the securities industry, his securities trading resulted in significant losses, and he misappropriated and misused hundreds of thousands of dollars of investor funds.  Investors allegedly lost most of their money, including retirement funds, through Rupp’s fraud. 

“As alleged in the complaint, Rupp solicited Main Street investors and depleted their retirement savings by using fake credentials and false documents showing extremely high returns,” said Jennifer S. Leete, Associate Director of the SEC Enforcement Division.  “Investors can check an investment professional’s qualifications through our Investor.gov website.”

The SEC’s complaint charges Rupp with violating the antifraud provisions of the federal securities laws and acting as an unregistered broker, and seeks disgorgement of ill-gotten gains plus interest, a penalty, and injunctive relief.

The SEC’s investigation was conducted by Gosia Spangenberg, Ian Dattner and Donato Furlano with assistance from Brian Shute.  The investigation was supervised by Ms. Leete and Lisa Deitch.  The litigation is being handled by Derek Bentsen and Stephan Schlegelmilch.

Read More


Read more from Tyler Tysdal At these Sites

Subscribe to Tyler Tysdal at this website
Contact Tyler Tivis Tysdal on Linkedin
Follow Tyler Tysdal on Instagram.com

2021 NBA Receipt Grades: San Antonio Spurs Shock With Josh Primo At No. 12 General, Receive 'C-'.



Getty Image

After making the NBA Playoffs in 22 consecutive seasons and winning five championships along the way, the San Antonio Spurs missed the postseason in both 2019-20 and 2020-21. The Spurs weren’t a terrible team during either campaign, but gone are the days in which San Antonio could (figuratively) roll out of bed to 50 wins and a healthy stature in the Western Conference pecking order. Still, there are talented players on the roster, a legendary head coach in place and a lottery pick on the way to bolster the team’s roster talent.

San Antonio has a big decision to make with DeMar DeRozan hitting free agency, as the veteran wing has been the team’s lead shot creator since arriving in the deal for Kawhi Leonard. Beyond that and other free agent decisions like Patty Mills and Rudy Gay, the Spurs have something of a blank canvas for their draft pick, allowing the team to pursue the best available prospect with limited hindrance.

Roster Needs: Lead shot creator, a starting-caliber wing, general depth

Josh Primo (No. 12 Overall), Grade: C-

The Spurs stay the Spurs in that no one ever knows what they’re doing. Primo was seen as a second round guy in some circles just a few weeks ago. There’s been some helium for him recently, but it was still a stunner when he went in the lottery. The thinking would be that Primo is clearly quite talented and, if he returned in a larger role at Alabama, it’s possible he could’ve been a consensus lottery pick in 2022. Make no mistake, I firmly believe this is far too high (and Moses Moody is still on the board, making things uglier), but Primo does have upside.

2021-22 Roster Dejounte Murray Derrick White Jakob Poeltl Lonnie Walker IV Devin Vassell Josh Primo Luka Samanic Keldon Johnson Drew Eubanks (non-guaranteed) Tre Jones

2021 Free Agents Keita Bates-Diop (RFA) DeMar DeRozan (UFA) Rudy Gay (UFA) DaQuan Jeffries (Team Option) Trey Lyles (UFA) Patty Mills (UFA) Quinndary Weatherspoon (RFA)













feedproxy.google.com/~r/uproxx/withleather/~3/6jVr2iOCPrM/

Follow Tyler T. Tysdal Online

Check out the most recent articles from Tyler Tivis Tysdal.
Check out the resume for Tyler Tysdal Crunchbase.com to see experience.
Check out Videos by Tysdal T. Tysdal on his Vimeo Channel.
Contact Tyler Tysdal

University soccer realignment: CU to Big 10? CSU to AAC? Exactly how could Texas as well as Oklahoma impact Enthusiasts and also Rams?

Interesting post by Sean Keeler from The Denver Post discussing several important points for the week. Sean Keeler recently published this and I thought it was a great post for syndicating here.

Before you ask, yes, Rick George has heard the CU Buffs-to-the-Big Ten rumblings, too.

“Everybody’s got their opinion on where we should go and what we should do,” the Buffs athletic director told The Denver Post.

“And our position is that we feel really good about our conference (the Pac-12) and we feel really good about our position. And we’re going to continue to focus on that, at this point. And as things change or they stay the same, we’ll react accordingly.”

Change — big change — is coming to college sports. And to collegiate conferences.

Remember 2010? Texas and Oklahoma got itchy feet and nearly blew up the Big 12 Conference. Things got so hairy that CU (Pac-12), Nebraska (Big Ten), Missouri (SEC) and Texas A&M (SEC) all bolted the league for presumably safer (and richer) pastures.

Welcome to déjà vu, all over again.

Fast forward a decade, and this time, the Longhorns and Sooners actually did the deed. The Big 12’s most powerful universities and biggest football brands accepted invites this past Friday to join the Southeastern Conference by 2025 — and possibly much sooner.

The SEC now boasts the first 16-team “super” conference, one that includes four of the 10 winningest FBS programs in the country from 2000-2019: Oklahoma (.817), LSU (.773), Alabama (.763) and Georgia (.747).

The Big 12, meanwhile, is losing its two top television draws, and Commissioner Bob Bowlsby has accused ESPN of colluding to break up his league. If you like chaos and legal drama, grab some popcorn. This one could get ugly.

It also begs the question: How does all this affect CU? Or CSU?

The short answer? Not directly. Not yet. At least, not in the way it might have a decade earlier.

But as we learned from 2009-12, every college football realignment shift causes ripple effects in neighboring leagues. Before long, everything’s on shaky ground.

CU Buffs: Happy, but how happy?

George insists that the Buffs, who fled the Big 12 for the Pac-12 in the summer of 2010, are happy where they are. And new Pac-12 Commissioner George Kliavkoff stressed during conference media day in Los Angeles last week that expansion for the league wasn’t “required to continue to compete and thrive.”

Still, another wave of conference upheaval brings with it even more speculation. CU has already been name-dropped in published reports as a potential partner for the Big 12 and the Big Ten, by itself or as part of a massive Pac-12 merger with either Midwest-based circuit.

While CU’s football success and stability have been fairly schizophrenic since 2006, the Buffs would be appealing to Big Ten leadership on at least three fronts: Its membership in the Association of American Universities, a collective which is to academia what the SEC is to the football; its proximity to the Denver television market and the Front Range’s Midwestern transplants; and its old rivalry with the Cornhuskers, their former Big 12 neighbor.

Every Big Ten member but Nebraska is a member of the AAU. CU is one of nine Pac-12 schools which also belong to the organization.

George, who just returned from a fundraising junket, recounted that Buffs alumni he met have been asking him which domino falls next. And whether or not CU needs to get out in front of the pack.

“It’s kind all over the map,” George said. “People are saying, ‘Well, Big Ten, this and that.’ And so it’s really more of that. I don’t know if ‘concern’ is the issue. I just think it’s that people really want to know what’s going on … again, everything out there is speculation.”

CSU Rams: Time to be aggressive?

The Mountain West has at least one thing in common with the Big 12: Its biggest brand name — Boise State, in this case — hasn’t been shy about its desire to leave the league in search of more revenue and more exposure.

While the Broncos might not appeal to the Pac-12, despite its regional proximity and sterling football success (Boise boasts an .835 winning percentage from 2000-2019), they’ve already been in contact with the American Athletic Conference, which is reportedly also looking to add to its football cache with ESPN’s dollars and ESPN’s blessings.

A Broncos departure could improve CSU’s standing within the Mountain West. It could also sink the MW as a collective altogether.

“Maybe the Pac-12 will decide they need to get a little bit bigger,” former Rams athletic director and CSU alum Jack Graham told The Post. “It’s hard to imagine what’s going to happen, but I’m sure there are a lot of really smart people thinking about it. If I were the AD at CSU right now, I’d be working really hard picking off a half-dozen of those Big 12 schools and go find the brightest and the best of college athletics that are in the Power 5 conferences and get them into a new conference.

“They’re going to have to do something to hold their position, or else that (Mountain West) conference is going to (implode).”

When The Post reached out to current CSU A.D. Joe Parker on realignment, and for his take on the Rams’ role within it, CSU’s sports information department replied with this statement:

“Colorado State is a proud founding member of the Mountain West, and we will continue to focus on our pursuit of excellence within the conference. However, the landscape of college athletics can shift dramatically, and Colorado State will always be in a position to explore any opportunities which provide our student-athletes with the greatest experience.”

The Rams’ home, Canvas Stadium, is a Power-5-level building, a Power-5-level part of the equation. But even Graham, who’d helped launch the construction of CSU’s state-of-the-art football facility during his tenure from 2011-14, admits that the Rams need more than that in order to sell themselves to a power conference seeking an addition or an upgrade.

“(Texas and Oklahoma leaving the Big 12) was going to make things that much more difficult for CSU to get itself in a position where it could be in a Power-5 type conference,” Graham said. “Having said that, I also think there are some opportunities out there (for) CSU, but it would take a lot of creativity. And a lot of work.”











Nuggets Diary: On eve of free of charge force, don't be amazed if Denver functions it back

Check out this post by Mike Singer from The Denver Post discussing some important events for the week. Mike Singer recently posted the article and I decided it was worth posting here.

Fireworks? Unlikely. As free agency approaches Monday, the Nuggets have already made their intentions clear.

President Tim Connelly said since the start of the offseason, their goal was to retain as many of their free agents as possible. Remember, for a few blissful weeks, the Nuggets were among the very best teams in the NBA. Yes, championship-worthy.

Why, then, would they change course?

Teams can’t account for injuries. What happened to Jamal Murray was devastating, but for a team like the Nuggets, generally not a marquee free-agent destination, sometimes the best approach is patience.

When Connelly asked Murray what he felt the team needed recently, Murray was succinct.

“It’s pretty easy,” Murray told Connelly. “We just need health.”

Speaking on Thursday night, shortly after nabbing Bones Hyland with the No. 26 pick in the first round, Connelly reaffirmed how close he feels the Nuggets are.

“I do think there’s a collective belief amongst our locker room, amongst our basketball operations, from coaches to front office, that we have a pretty complete team,” Connelly said.

Fireworks? Not happening. That includes a trade for Damian Lillard (uninterested in leaving Portland), Ben Simmons (a fading superstar) or Bradley Beal (who doesn’t seem keen on leaving Washington).

Which leaves Connelly and his staff right back where it started — with a talented team that feels it can contend again next season assuming they prioritize their own free agents.

That begins with Will Barton, who declined his player option to become an unrestricted free agent. There’s significant goodwill between both Barton and Connelly and optimism a deal can be struck, according to league sources.

That doesn’t account for a team with cap room offering Barton something like $18 million to $20 million per season. If that happens, like it did with Jerami Grant last year, perhaps Barton is on a different team next season. But the Nuggets sorely need his playmaking back and would be wise to prioritize retaining the shifty small forward.

Related Articles

Kiszla: JaVale McGee panning for Olympic gold in Japan, but “definitely” interested if Nuggets offer him fresh, green cash in free agency Meet Nuggets draft pick Bones Hyland, VCU’s “pied piper” and the pride of Wilmington Nuggets select Nah’Shon “Bones” Hyland: How the national media graded Denver’s NBA draft pick Nuggets select VCU’s Bones Hyland with the No. 26 pick in the 2021 NBA draft Nuggets mega-mailbag: What should Denver do in NBA draft, free agency?

JaMychal Green is in the same boat as Barton, an unrestricted free agent who the Nuggets would like to keep. His market is expected to be anywhere from $7 million to $9 million, according to league sources. That’s a reasonable price to retain a veteran forward who, earlier this season, earned a life-long endorsement from Nikola Jokic.

All three of the Nuggets’ reserve big men – Paul Millsap, JaVale McGee and Green – are free agents. Expect two of the three to return, and if only one does, the Nuggets will likely try and fill the void with another veteran big, according to a league source.

On the eve of free agency, Denver’s roster already appears tight. There isn’t expected to be much wiggle room, meaning likely just one or two spots available.

Would one go to Austin Rivers, who filled in admirably off the … couch last season? It’s possible. Perhaps free agent Avery Bradley, who the Nuggets have had interest in in the past, might be a fit.

“We like our core,” Connelly said during Thursday night’s post-NBA draft news conference. “We like the pulse of our locker room. We like the competitive spirit. We’ll be pretty picky when looking at the type of guys we’re going to add to that mix.”

In other words: fireworks? Unlikely.











Sunday, August 1, 2021

2021 NBA Receipt Grades: Los Angeles Clippers Get A 'B' Investing Up To Take Keon Johnson At No. 21



Getty Image

The 2020-21 season didn’t end the way the Los Angeles Clippers wanted it to end, with the team losing to the Phoenix Suns in the Western Conference Finals. Beyond the loss itself, the Clippers also suffered a significant blow with a long-term injury to Kawhi Leonard, even with relative optimism that the former NBA Finals MVP could return during the 2021-22 season. In some ways, the Clippers’ run was encouraging in that they were malleable through injury, but the future is at least slightly clouded.

Leonard is actually a potential free agent as he wields a player option but, assuming he returns, the Clippers have two stars in Leonard and Paul George. That provides a strong foundation, and Los Angeles built a quality supporting cast for the 2020-21 season. The Clippers have the chance to add on to that foundation, and the offseason kicks off in earnest on draft night.

Roster Needs: Shot creation without Kawhi Leonard, overall depth, resolutions on Reggie Jackson and Nic Batum

Keon Johnson (No. 21 Overall), Grade: B

The Clippers are in a win-now mindset and Keon Johnson might not be ready to help them this season. However, Johnson is a very nice value at this stage of the draft. He is a nuclear athlete and should be a high-end defender as he uses that athleticism and burst to his advantage. The questions come offensively, particularly with his shooting, but Los Angeles can take it slow with him. He is the kind of talent that isn’t always available at this stage of the draft, and that makes this a positive selection, particularly only costing a second rounder to move up four spots to nab him.

2021-22 Roster Paul George Marcus Morris Sr. Patrick Beverley Luke Kennard Rajon Rondo Ivica Zubac Keon Johnson Yogi Ferrell (non-guaranteed) Terance Mann (non-guaranteed) Daniel Oturu

2021 Free Agents Nic Batum (UFA) Amir Coffey (RFA) DeMarcus Cousins (UFA) Serge Ibaka (Player Option) Reggie Jackson (UFA) Kawhi Leonard (Player Option) Patrick Patterson (UFA)













feedproxy.google.com/~r/uproxx/withleather/~3/2QvzmVrTTJw/

Follow Tyler Tysdal Online

Follow Tyler Tivis Tysdal on Google Sites
Check out Videos by Tysdal on his Vimeo Channel.
Follow Tyler Tysdal on Instagram

2021 NBA Receipt Grades: Cleveland Cavaliers Select Evan Mobley No. 3 Overall



Getty Image

The 2020-21 season brought signs of life for the Cleveland Cavaliers. The team started a highly respectable 10-11 and, even with a defense that was not stellar by any means, an argument can be made that Cleveland’s roster finished ahead of schedule on that end. Offensively, though, it was a struggle for the Cavs, with the team finishing 28th in efficiency and scoring only 1.05 points per possession. Given that the Cavs entered (and exited) 2020-21 with rebuilding on the brain, though, the future is the focus.

Collin Sexton is up for an extension after something of a breakout in 2020-21, and Darius Garland took major strides in his second campaign as a lead guard. Isaac Okoro brings the kind of defense and athleticism that any team craves on the wing, and Larry Nance is a scalable veteran that can fit in many roles. However, the summer of 2021 could be a period of transition for Cleveland, with trade rumblings circling Sexton, Jarrett Allen hitting the free agent market and the Cavaliers potentially adding a franchise-caliber player at No. 3 overall.

Roster Needs: A true No. 1 star, Wing depth, clarity in the frontcourt

Evan Mobley (No. 3 Overall), Grade: A

Evan Mobley is a talent that is line with some recent No. 1 overall picks. Grabbing him at No. 3 overall is a coup when viewed through that lens. The Cavs still have a lot of work to do with their roster, including a big decision with Jarrett Allen, but Mobley is a potentially fantastic two-way player. He’ll need to prove he can play center regularly to maximize his defensive upside, but Mobley brings an intriguing and varied offensive skill set, and should help Cleveland fix some of the defensive issues that have recently plagued the franchise.

2021-22 Roster Kevin Love Ricky Rubio Evan Mobley Larry Nance Jr. Cedi Osman Darius Garland Isaac Okoro Collin Sexton Dylan Windler Damyean Dotson (non-guaranteed) Dean Wade (non-guaranteed) Mfiondu Kabengele (non-guaranteed) Lamar Stevens (non-guaranteed)

2021 Free Agents Jarrett Allen (RFA) Isaiah Hartenstein (Player Option) Jeremiah Martin (RFA) Brodric Thomas (RFA)













feedproxy.google.com/~r/uproxx/withleather/~3/MTAg2ap-1Qw/

Follow Tyler Tivis Tysdal Here

Read more from Tyler Tysdal on Google Sites
Watch Videos from Tysdal T. Tysdal on Vimeo.
Follow Ty Tysdal on Instagram

2021 NBA Receipt Grades: Charlotte Hornets Acquire A 'B' With James Bouknight At No. 11 Overall



Getty Image

Even with injuries to Gordon Hayward and 2020-21 NBA Rookie of the Year LaMelo Ball, the Charlotte Hornets were in the playoff mix until the very end. While the Hornets ultimately fell short in the Play-In, it was a successful season overall, particularly through the lens of what Hayward, Ball, Terry Rozier and Miles Bridges were able to showcase. Still, there is significant competition in the Southeast Division, particularly from the Atlanta Hawks and Miami Heat, and the Hornets have work to do.

It is reasonable to project Ball as a star of the future, and Hayward looked the part of a max-level player when healthy. The Hornets have another lottery pick to work with in 2021, but they didn’t jump into the top four and there are potential roster holes. P.J. Washington has admirably played center, but he may not be a full-time option at the position and Charlotte’s depth is hitting free agency. In the backcourt, Devonte Graham is up for a new deal, and the Hornets may be a wing short right now, but the future remains bright.

Roster Needs: Center, third guard, wing depth

James Bouknight (No. 11 Overall), Grade: B+

Admittedly, I’m not as high on Bouknight as some, but it is (much) easier to endorse him at No. 11 overall. Charlotte does have a lot of firepower allotted to the backcourt, but Bouknight is a bucket getter of the highest order. Long-term, the thought seems to be that he would fit with LaMelo Ball’s distribution and creativity. The swing for Bouknight could be whether his three-pointer goes in the basket but, considering his stroke, that seems like a reasonable bet and he should return value here. With Devonte’ Graham and Malik Monk both restricted free agents, Charlotte gets a touch of scoring insurance in the backcourt.

2021-22 Roster Gordon Hayward Terry Rozier LaMelo Ball Mason Plumlee James Bouknight Miles Bridges PJ Washington Cody Martin (non-guaranteed) Caleb Martin (non-guaranteed) Jalen McDaniels (non-guaranteed) Vernon Carey Jr. Nick Richards

2021 Free Agents Bismack Biyombo (UFA) Nate Darling (RFA) Devonte’ Graham (RFA) Malik Monk (RFA) Grant Riller (RFA) Brad Wanamaker (RFA) Cody Zeller (UFA)













feedproxy.google.com/~r/uproxx/withleather/~3/Kwpo2RhciW4/

Follow Tyler Tivis Tysdal Online

Go read the latest news from Tyler Tivis Tysdal.
Follow Tyler T. Tysdal on Twitter
Follow Tyler Tivis Tysdal on Linkedin.com
Contact Tysdal