2017 July | Hoops Rumors

Nets Sign First-Rounder Jarrett Allen

July 20th, 2017 at 2:21pm CST by Luke Adams

The Nets have officially signed rookie big man Jarrett Allen to his first NBA contract, the team announced today in a press release. The former Texas Longhorn was the 22nd overall pick in last month’s draft.

Like his fellow first-rounders, Allen will receive a four-year contract that features two fully guaranteed seasons, follow by a pair of team options on years three and four. Assuming he signed for the full amount allowed by the NBA’s rookie scale and plays out the four-year deal, Allen will earn just over $10MM over the life of the contract.

With Allen now under contract, all but two of this year’s first-round picks have signed their rookie deals, as our tracker shows. Thunder swingman Terrance Ferguson and Sixers center Anzejs Pasecniks are the only two first-rounders who haven’t inked NBA deals. Pasecniks is set to play overseas for at least one more year, while the delay on Ferguson may be related to FIBA clearance, following his time in Australia.

Derrick Rose Meeting With Lakers, Decision Expected Soon

July 20th, 2017 at 2:07pm CST by Luke Adams

2:07pm: Rose will likely make a decision this weekend, tweets Sam Amick of USA Today. The Lakers and Cavs appear to be the favorites, but Amick notes that Rose’s agent – B.J. Armstrong – has also been talking with the Bulls.

The Bulls are an unexpected addition — they already have a handful of point guards and a reunion with Rose doesn’t seem to make a lot of sense for the team at this point, so we’ll see if there’s any follow-up on that front.

1:15pm: The Cavaliers are reportedly engaged in “serious” discussions with Derrick Rose, but Cleveland isn’t the only team pursuing the veteran point guard. According to Chris Haynes and Ramona Shelburne of ESPN.com, the Lakers have a Thursday meeting lined up with Rose.

[RELATED: Available 2017 NBA Free Agents]

The Lakers have been in the market this summer for a veteran point guard to serve as a mentor for rookie – and Summer League MVP – Lonzo Ball. The club used its remaining cap room to sign Kentavious Caldwell-Pope, but still has the $4.328MM room exception available to offer free agents.

If Rose’s decision comes down to Cleveland vs. Los Angeles, he’ll have to weigh a handful of competing factors. ESPN’s report suggests that playing on a contender will be a consideration for Rose, and that would be a big check mark in the Cavs’ favor. Playing in Cleveland would also allow the former MVP to be closer to his family in Chicago.

However, the Lakers hope to pitch Rose on the fact that they can offer him a larger contract and more playing time, per ESPN. As Haynes tweets, sources say that Rose “just wants to play ball,” so if the Lakers can sell the free agent point guard on a significant, defined role, it’s possible they’ll gain the upper hand on the Cavs.

The Bucks have also met with Rose, though it’s not clear if they’re still in play as a potential landing spot.

Heat Re-Sign Udonis Haslem

July 20th, 2017 at 1:38pm CST by Luke Adams

Veteran big man Udonis Haslem will return to Miami for at least one more season, according to Shams Charania of The Vertical, who reports (via Twitter) that Haslem has signed a one-year, minimum salary contract with the club. Heat owner Micky Arison had hinted at the deal earlier today by tweeting “UD” alongside a celebratory emoji.

Haslem made his NBA debut in 2003 and has been a member of the Heat ever since, appearing in nearly 1,000 total games for the club, between the regular season and the playoffs. Although he has averaged 25.7 minutes per game for his career in the regular season, the 37-year-old has seen his role in Miami decline significantly over the last couple seasons. Since the start of the 2015/16 campaign, Haslem has appeared in 53 regular season contests, averaging 7.4 MPG.

Despite his dwindling role on the court, Haslem remains a key veteran presence on Miami’s bench. A report from a couple weeks ago suggested that the Cavaliers had the big man on their radar and would likely have a conversation with him, but a return to the Heat was always the expected outcome.

Among active NBA players, only Dirk Nowitzki (Mavericks), Tony Parker (Spurs), Manu Ginobili (Spurs), and Nick Collison (SuperSonics/Thunder) have been with a single franchise for longer than Haslem, who will return for his 15th season with the Heat.

Haslem’s minimum salary deal won’t have an impact on the Heat’s spending flexibility. The team is out of cap room but still has its $4.328MM room exception available to use on a free agent at some point during the 2017/18 league year.

Photo courtesy of USA Today Sports Images.

Pistons, Derek Willis Agree To One-Year Deal

July 20th, 2017 at 1:03pm CST by Luke Adams

The Pistons have agreed to sign undrafted free agent Derek Willis, according to ESPN’s Chris Haynes (via Twitter). Willis will sign a one-year contract with Detroit, Haynes reports.

Willis, who spent four years at Kentucky, wasn’t viewed as a top prospect heading into this year’s draft, ranking 58th on DraftExpress’ list of seniors. The 6’9″ forward posted modest numbers during his final season with the Wildcats, posting 7.0 PPG, 5.4 RPG, and 1.0 BPG in 38 games (21.9 MPG).

However, the Pistons worked out Willis in June and apparently liked what they saw from the 22-year-old, who also showed an ability to make outside shots over the course of his college career (.399 3PT%).

Detroit has used its mid-level exception and bi-annual exception, so Willis figures to get a minimum salary contract from the club, and I doubt it will be guaranteed. The Pistons likely have their eye on Willis as a possible affiliate player for the Grand Rapids Drive, rather than as a member of Detroit’s 15-man regular season roster.

Jazz Sign Eric Griffin To Two-Way Contract

July 20th, 2017 at 12:32pm CST by Luke Adams

JULY 20: The deal is now official, with the Jazz issuing a press release to formally announce the signing of Griffin.

JULY 17: The Jazz have agreed to sign forward Eric Griffin to a two-way contract, according to Chris Reichert of Two Ways & 10 Days (Twitter link). It’s the first reported two-way deal for Utah.

Griffin, 27, went undrafted in 2012, and has yet to make his NBA debut. However, he has an extensive professional resume that includes stints with teams in Italy, Puerto Rico, Venezuela, Israel, and the G League.

This summer, Griffin turned some heads with his performance for the Jazz’ Summer League teams in the Utah and Las Vegas leagues. He averaged 8.7 PPG and 6.0 RPG with a .588 FG% in three games in the Utah league, then recorded 10.8 PPG, 7.8 RPG, 3.0 BPG, and a .500 FG% in four Vegas contests.

On a two-way contract, Griffin will spend the majority of the 2017/18 season with Utah’s G League affiliate, the Salt Lake City Stars. However, he’ll be permitted to join the Jazz for up to 45 days as well. For more information on how two-way contracts work, be sure to check out our primer.

Celtics Sign Daniel Theis To Two-Year Deal

July 20th, 2017 at 11:37am CST by Luke Adams

JULY 20: Theis made it official today with the Celtics, tweeting out a photo that shows him signing his contract with the team. “I’m so excited to join the Celtics family and to live in this great city!” Theis wrote. “I will work my heart out for Boston.”

JULY 1: The Celtics and German forward Daniel Theis are in agreement on a two-year contract, league sources tell Adrian Wojnarowski of ESPN. International basketball journalist David Pick first reported last month (via Twitter) that Theis would be joining the C’s on a deal that runs through 2018/2019.

Theis, 25, went undrafted in 2013 and his rights aren’t held by an NBA team, so he’ll join the Celtics as a free agent after his contract with Germany’s Brose Bamberg expired. In 41 German League games last season, Theis averaged 9.5 PPG and 5.7 RPG. He also appeared in 30 EuroLeague contests, recording 9.6 PPG and 4.6 RPG.

While exact details on Theis’ new deal haven’t been reported, the first year will be fully guaranteed, per Adam Himmelsbach of The Boston Globe (via Twitter).

If it’s a minimum salary pact, which seems likely, it could be finalized before the moratorium ends, and it won’t affect the Celtics’ cap room, since Theis’ rookie minimum would have the same cap hit as the charge for an empty roster spot.

Cavaliers In Serious Talks With Derrick Rose

July 20th, 2017 at 11:06am CST by Luke Adams

11:06am: The Cavs are believed to be offering Rose a minimum salary deal, per Windhorst and Wojnarowski in their full ESPN report.

10:23am: Free agent point guard Derrick Rose is engaged in “serious” discussions with the Cavaliers about a possible one-year deal, sources tell Brian Windhorst and Adrian Wojnarowski of ESPN (Twitter link).

The Cavs don’t have much cap flexibility to sign free agents, given how far their team salary currently is into tax territory. The club also used a little more than half of its $5.192MM mid-level exception to sign draft-and-stash prospect Cedi Osman, so if Rose were to come aboard, it would be for the rest of that MLE or the veteran’s minimum.

A minimum salary deal would be more advantageous for the Cavs, who face a substantial tax penalty for each additional dollar they spend. A one-year, minimum salary contract for Rose would pay him approximately $2.12MM, but would only count for about $1.47MM for cap purposes for Cleveland. A minimum salary deal would cost about an extra $7MM in tax penalties, based on the Cavs’ current team salary.

Whether Rose is willing to accept a minimum contract remains to be seen. He’s one of the top free agents still available, but the market for his services appears to be dwindling. Rose met with the Clippers earlier this month, but L.A. ultimately opted to sign Milos Teodosic to address the point guard spot. The Bucks seem to have been Rose’s most active suitor, having reportedly met with him twice. However, Milwaukee is inching closer to the tax line, limiting the club’s ability to make Rose an aggressive offer.

Rose, who turns 29 in October, is coming off a season in which he struggled with his outside shot more than ever (.217 3PT%) and wasn’t an elite distributor or defender. Still, he continues to display an ability to get to the rim and put the ball in the net, averaging 18.0 PPG in 64 games with the Knicks. The possibility of having him coming off the bench to provide a scoring punch for the Cavs is an intriguing idea.

Cleveland has already signed one backup for Kyrie Irving this summer, inking Jose Calderon to a minimum salary contract. While the team doesn’t necessarily need more depth at the position, Calderon and Rose possess very different skill-sets, so both could see playing time if Rose signs.

The news of the Cavs’ discussions with Rose arrives in the wake of Irving suggesting the team is in “a peculiar place,” and also comes just days after a report indicated that LeBron James is concerned about the club’s offseason.

Western Notes: Russell, Crawford, Mbah a Moute

July 19th, 2017 at 11:08pm CST by ChrisCrouse

Several teams were interested in trading for D’Angelo Russell, according to Lakers team president Magic Johnson, which was something that gave the front office confidence in trade talks.

“Like five teams called for D’Angelo [so] we knew that we could move D’Angelo for one of the pieces that we were looking for. So we decided on Brooklyn, they got a great player in D’Angelo and we got what we wanted,” Johnson said (via Ohm Youngmisuk of ESPN.com).

Johnson added that it wasn’t difficult moving on from the former No. 2 overall pick. “I am not one of them dudes,” Johnson added. “When I say bye, that’s it. I keep moving. I can’t get caught in emotions and all that. That is not who I am. We moved and we kept moving. After that trade we went on to the next thing.”

Here’s more from the Western Conference:

Jamal Crawford said he consulted former Wolves guard Zach LaVine before signing with Minnesota, as Jerry Zgoda of the Star Tribune shares. “He loved Minnesota, absolutely loved. Obviously, it’s cold, but he said it’s a great city, great people. He enjoyed playing for Coach Thibs,” Crawford said.
Luc Mbah a Moute, who officially signed with the Rockets earlier today, is excited to play under coach Mike D’Antoni, as Mark Berman of Fox 26 relays (Twitter link). “The environment that he creates is very much like a family,” the small forward said of D’Antoni. “It’s exciting.”
Despite his up-and-down stint with the Lakers, Nick Young said he may come back to the team to retire when it’s time to hang up his jersey, Mark Medina of the Orange County Register passes along. “I love LA. I might be back and retire here one day,” said Young. “I’ll come back with Kobe, MJ, and LeBron (James).”

J.J. Redick Talks Free Agency Decision

July 19th, 2017 at 10:25pm CST by ChrisCrouse

J.J. Redick called his time with the Clippers the “four best years” of his career, though he knew entering the offseason that he wouldn’t re-sign with the team, as he explains on his new podcast (h/t Kevin Spain of USA Today).

“I know some Clippers fans and maybe some NBA fans may be wondering like, why did I not go back or there are probably some ignorant people out there who are questioning my loyalty,” Redick said. “Going back to the Clippers was, honestly, not an option.

“I kind of figured last summer when they signed [Austin Rivers] and [Jamal Crawford] back, they had basically guaranteed $25MM in salary for this upcoming season and I knew they weren’t going to be able to commit financially long-term to having a third shooting guard at a high rate. That’s just unrealistic. You can’t have $30-$40MM at one position, especially when you’re going to have two or three max players on the team.”

Redick added that on June 29 – two days before the beginning of free agency – he received a call from the Clippers telling him that they were not going to bring him back.

The shooting guard ended up signing a one-year deal, $23MM deal with the Sixers to join, among others, Joel Embiid and Ben Simmons in the starting line-up. Redick said that Houston offered him more money overall than Philadelphia did, but he chose Bryan Colangelo‘s offer in part because he didn’t want to come off the bench. Also, while the Rockets’ offer may have been worth more in total, it likely didn’t come close to the Sixers’ offer in terms of 2017/18 salary.

The Nets were also interested in adding Redick and the team was his wife’s preferred destination. The two currently share a condo in Brooklyn. Redick said he likes what GM Sean Marks is building in the city, but was concerned with the number of minutes he would have received.

Redick should see significant playing time for the Sixers. The team appears to be past its rebuilding phase and ready to compete for a playoff spot in the Eastern Conference.

Kyrie Irving Talks Cavs’ Offseason

July 19th, 2017 at 8:48pm CST by ChrisCrouse

The offseason for the Cavaliers hasn’t gone as smoothly as planned with the franchise failing to reach an agreement to retain GM David Griffin as well finding itself unable to add another major piece to a team that lost handily to the Warriors in this year’s NBA Finals. LeBron James is reportedly unhappy with the team’s offseason and speculation of him fleeing for Cleveland next offseason have persisted throughout the summer.

Kyrie Irving, who can become a free agent after the 2018/19 season, was recently asked how the three-time defending Eastern Conference champions could look different in “just a couple years.” His response (via Sports Illustrated’s Chris Chavez):

“Like I said, we’re in a peculiar place. The best thing we can do is handle things with class and professionalism. Obviously we have a great owner that’s willing to spend a little money on guys that he believes in. At this point, we just see what happens throughout the summer.”

The Cavs weren’t able to add another star like Jimmy Butler or Paul George this offseason, though they added a few reinforcements to their bench. Cleveland signed Jose Calderon to man the backup point guard spot and Jeff Green to add depth on the wing. The team also brought in Cedi Osman to round out the bench.

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