Here are some of the most noteworthy stories from the last week at Hoops Rumors:
The Lakers signed Kentavious Caldwell-Pope. KCP, at 24 years old, had widely been considered the top unrestricted free agent still available. The former Piston signed a one-year, $18MM deal, which is now official. The Lakers still have their $4.3MM room exception available for free agents.
The Rockets have signed James Harden to a massive contract extension. The Designated Veteran Extension will keep the superstar guard with the Rockets through the 2022/23 season. The contract begins in 2019/20, replaces Harden’s player option, and will add four years to the guaranteed two years on his current deal. Harden is now on track to earn approximately $228MM over the next six seasons.
The Wizards have matched Otto Porter Jr.‘s offer sheet from the Nets. Brooklyn had offered Porter a four-year, $106.5MM deal, but the small forward is to remain a Wizard. Porter will be coming off a career season, which witnessed him averaging 13.4 points per game, while shooting 43.4% from three-point territory and 51.6% from the field.
Jamal Crawford has agreed to sign with the Timberwolves. Although the move cannot be official until the waiver process is complete, Crawford will be offered a two-year contract worth $8.9MM with a player option on the second season. After the Hawks placed Crawford on waivers, the Cavaliers had been the favorites to land him.
Scott Perry has agreed to become the Knicks’ new general manager. The Kings will receive a 2019 second-round pick and cash as compensation for Perry’s departure. With the shakeup, Steve Mills, who had been acting general manager, will become the Knicks‘ team president.
Ten More Stories
- Here is the latest on Carmelo Anthony trade talks and the forward’s reported frustration.
- The Hawks did not match Tim Hardaway Jr.‘s offer sheet, making him a member of the Knicks.
- In a trade, C.J. Miles was sent to the Raptors, while Cory Joseph landed with the Pacers.
- The Raptors traded DeMarre Carroll to the Nets.
- The Magic have agreed to sign Jonathon Simmons to a three-year contract.
- The Pelicans will sign Rajon Rondo to a one-year deal.
- The Cavaliers have agreed to sign draft-and-stash prospect Cedi Osman for three years.
- The Jazz agreed to sign three free agents this week: Thabo Sefolosha (link), Jonas Jerebko (link), and Ekpe Udoh (link).
- The Hawks will sign Dewayne Dedmon and re-sign Ersan Ilyasova.
- Paul George characterized his interest in joining the Lakers next offseason as “overstated.”