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Wolves Rumors: Hernangomez, Edwards, Rubio, Beasley

November 27th, 2020 at 1:53pm CST by Luke Adams

Timberwolves restricted free agent forward Juan Hernangomez initially sought an offer in excess of $10MM per year, sources tell Jon Krawczynski of The Athletic. Unwilling to meet that price right off the bat, the Wolves “essentially told” Hernangomez to prove he could get an offer from another club while they went looking for possible alternatives at power forward, writes Krawczynski.

Minnesota ended up reaching out to a number forwards in free agency, including Derrick Jones (as previously outlined), Paul Millsap, Jae Crowder, and JaMychal Green, and inquired on possible trades involving Magic forward Aaron Gordon, Rockets forward P.J. Tucker, and Cavaliers big man Larry Nance Jr., sources tell Krawczynski.

The Timberwolves didn’t have any luck with any of those potential targets, but held firm on their offer to Hernangomez, who mulled the possibility of accepting the one-year qualifying offer worth $4.64MM, per Krawczynski. Ultimately, the two sides came to an agreement on a three-year, $21MM deal that has a third-year team option.

Here’s more out of Minnesota:

The Timberwolves chose Anthony Edwards with the No. 1 pick last week because they believe he has the clearest path of any of this year’s draft-eligible prospects to becoming a multi-time All-Star, says Krawczysnki.
Sources tell The Athletic that the team’s acquisition of Ricky Rubio was partly motivated by seeing what the veteran point guard did for Donovan Mitchell and Devin Booker at his previous stops and a belief that he’ll aid Edwards’ development.
The Knicks told Malik Beasley he’d be their Plan B in free agency if they couldn’t land Gordon Hayward, according to Krawczynski. Recognizing that New York could be a threat to put forth a troublesome offer sheet, the Wolves went in with an aggressive pitch on the opening night of free agency and secured a commitment from Beasley on the spot. Sources tell The Athletic that Beasley has appreciated the support he’s received from the franchise since running into off-court legal problems.
The Timberwolves officially announced Beasley’s new deal today. Keith Smith of Yahoo Sports (Twitter link) has the year-by-year financial breakdown of that contract, which guarantees the swingman $43MM+ over three years.

Contract Details: Adams, Hernangomez, Bol, Bacon, McDermott

November 26th, 2020 at 11:04am CST by Luke Adams

After receiving a trade bonus worth $2MM as part of the deal that sent him from Oklahoma City to New Orleans, Pelicans center Steven Adams will have a new 7.5% trade kicker on his two-year extension with his new team, tweets Eric Pincus of Bleacher Report. That kicker will give Adams a rare opportunity to potentially cash in on two trade bonuses between free agencies.

Meanwhile, Keith Smith of Yahoo Sports reports (via Twitter) that another new Pelicans center, Willy Hernangomez, will only have a partial guarantee on his new deal with the team. Hernangomez is assured of receiving at least $700K of his $1.74MM minimum salary for 2020/21, Smith notes.

Here are a few more notes on recently-signed contracts from around the NBA:

Both years on Bol Bol‘s two-year contract with the Nuggets are fully guaranteed, tweets Eric Pincus. Denver used a portion of its mid-level exception to complete the $4.2MM deal.
Dwayne Bacon‘s new two-year contract with the Magic is for the veteran’s minimum and will be non-guaranteed for 2021/22, tweets Keith Smith. If Bacon remains under contract for more than three days after 2021’s free agency moratorium ends, he’ll get that full guarantee on year two, Smith adds.
While most of the two-way contracts that have been signed by players in the last week are only for one year, Sean McDermott’s deal with the Grizzlies will cover two years, tweets Smith.

Magic Re-Sign James Ennis

November 25th, 2020 at 4:30pm CST by Dana Gauruder

NOVEMBER 25: The Magic have officially re-signed Ennis, the team announced today in a press release. Orlando completed the signing using part of its mid-level exception for a salary of $3.3MM, tweets Keith Smith of Yahoo Sports.

NOVEMBER 20: The Magic are re-signing small forward James Ennis on a one-year contract, The Athletic’s Shams Charania tweets.

Orlando acquired Ennis from Philadelphia in a trade deadline deal in February. He started 18 of 20 regular-season games with the Magic, averaging 8.5 PPG, 4.8 RPG and 1.1 APG in 24.5 MPG.

Ennis has also played for Miami, New Orleans, Memphis, Houston and Detroit in his journeyman career. In 347 career appearances, he’s averaged 6.5 PPG and 3.3 RPG in 20.1 MPG. He’s a career 35.0% 3-point shooter.

Ennis had a player option worth $2.13MM but he declined it in order to test the free agent market. He wound up right back where he started and could be the team’s starting small forward, depending upon how the remainder of the team’s offseason plays out.

Southeast Notes: Bradley, Adebayo, Gallinari, Pasecniks, MCW

November 25th, 2020 at 8:57am CST by Luke Adams

Introduced on Tuesday as a newly-signed member of the Heat, guard Avery Bradley cited the oft-lauded “Heat culture” as one of the key reasons why he wanted to join the team, as Anthony Chiang and Barry Jackson of The Miami Herald write.

“I always felt like if I ever got an an opportunity to play here, I would fit in perfect,” Bradley said. “Once the opportunity presented itself, I knew I would take advantage of it. I’m excited because I do feel like I’m a perfect fit. We all know what it means to be a Miami Heat player — the passion, the dedication it takes to be a part of this culture. I think our team is going to be really good. I’m excited to be part of Miami and part of a great culture like this. I felt wanted.”

Maurice Harkless, who also officially signed with Miami this week, said talking to former Portland teammate Meyers Leonard helped convince him to join the Heat.

“The big thing that Meyers said and he talked about all the time was just the people in the organization and how everyone carried themselves and how everyone came to work every day,” Harkless said. “It’s just what everybody else talks about, the culture. He really embraced it and he spoke highly of everything that goes on in this organization. Hearing that from him, it made my decision a lot easier.”

Here’s more from around the Southeast:

After reaching an agreement with the Heat on a maximum-salary extension on Tuesday, Bam Adebayo told reporters – including Chiang and Jackson – that he never really had a conversation with the team about waiting until next year to sign his new deal. “Me and (Heat president Pat Riley) met one on one, and we kind of talked through it,” Adebayo said. “We both thought it was the right decision.”
The third year on Danilo Gallinari‘s new $61.5MM contract with the Hawks will only be partially guaranteed, according to Chris Kirschner of The Athletic, who tweets that the forward will be assured of $5MM of his $21.4MM salary in that final year (2022/23).
The Wizards and big man Anzejs Pasecniks have agreed to push back his salary guarantee deadline from this week to February 1, reports ESPN’s Bobby Marks (Twitter link). Pasecniks, who currently has a $350K guarantee on his $1.5MM salary, may have been waived if Washington had been forced to make an immediate decision.
Michael Carter-Williams‘ new two-year deal with the Magic features two fully guaranteed seasons worth $3.3MM apiece, according to Marks (Twitter link).

Eastern Contract Details: Heat, Rondo, Harris, Clark, Raptors

November 24th, 2020 at 10:10am CST by Luke Adams

Although Maurice Harkless‘ one-year, $3.623MM deal is exactly the same amount as the bi-annual exception, the Heat completed the signing using a portion of their mid-level exception, according to Keith Smith of Yahoo Sports (Twitter link). Avery Bradley received the remaining portion of the $9.258MM MLE, for a first-year salary of $5.635MM, Smith adds (via Twitter).

The Heat will still be hard-capped as a result of using the full mid-level exception, but they now retain their bi-annual exception to use either this season or next year, if they remain over the cap in 2021/22.

Smith (Twitter link) also passes along the exact details on Meyers Leonard‘s new contract with the Heat, which has a $9.4MM first-year salary and a team option for 2021/22 worth $10.152MM.

Here are a few more specific details on some of the new free agent contracts signed in the last couple days, via Smith unless otherwise indicated:

Rajon Rondo‘s two-year, $15MM deal with the Hawks has matching cap hits of $7.5MM this season and next year. It also includes $750K in annual bonuses – tied to games played and playoff appearances – that could increase the annual value to $8.25MM (Twitter link).
Joe Harris‘ new four-year contract with the Nets technically has a base value of $72MM, with $500K in annual bonuses tied to games played, playoff games played, and team performance (Twitter link).
The Magic used part of their mid-level exception to sign Gary Clark to a contract starting at $2MM. His $2.1MM second-year salary won’t become guaranteed until seven days after the 2021 moratorium (Twitter link).
The Raptors‘ deals for Aron Baynes, Chris Boucher, and DeAndre’ Bembry will all be non-guaranteed in year two rather than technically featuring team options, tweets Michael Grange of Sportsnet.ca. That means they’ll have to be waived next summer if Toronto doesn’t want to retain them for two years.

Jordan Bone Agrees To Two-Way Deal With Magic

November 23rd, 2020 at 6:08pm CST by Dana Gauruder

Second-year point guard Jordan Bone has agreed to a two-way contract with the Magic, Shams Charania of The Athletic tweets.

Bone played on a similar contract with the Pistons after being drafted in the second round in 2019 but spent much of the season in the G League. He appeared in 10 games with Detroit but only averaged 5.3 MPG in those outings.

The Pistons, under new GM Troy Weaver, decided not to extend a qualifying offer to Bone. That made the former Tennessee star an unrestricted free agent.

Orlando is also reportedly using its other two-way slot on another point guard, Karim Mane.

Free Agent Rumors: Batum, Thomas, Mudiay, Ferrell, Briscoe

November 23rd, 2020 at 5:39pm CST by Dana Gauruder

The Hornets plan to waive Nicolas Batum and use the stretch provision on his $27.1MM contract for the upcoming season in order to sign Gordon Hayward, unless they can figure out a sign-and-trade deal that would save them from stretching Batum.

Assuming he’s released, Batum shouldn’t have trouble finding a new home. His agent, Jeremy Medjana, told Basket Session that the Warriors, Jazz, Clippers, Bucks and Raptors are interested in signing him once he clears waivers (hat tip to Frank Urbina of HoopsHype). Batum, who has played for Charlotte the past five seasons, only appeared in 22 games last season.

Here are more free agency notes and rumors:

Former MVP candidate Isaiah Thomas said his latest hip procedure was a success and he’s eager to prove it, the Boston Globe’s Adam Himmelsbach reports. Thomas says he feels like his former self in workouts. “I was blowing by people,” he said. “I haven’t blown by anybody since I had a Celtics uniform on.” Thomas was waived after the Wizards traded him to the Clippers in February and remains unsigned.
Reserve point guards Emmanuel Mudiay and Yogi Ferrell are generating some interest on the free agent market, Chris Haynes of Yahoo Sports tweets. Both players could likely be had for the veteran’s minimum.
Point guard Isaiah Briscoe hopes to return to the NBA, according to Hoops Rumors’ JD Shaw (Twitter link). Briscoe went undrafted out of Kentucky in 2017, but made it onto the Magic’s roster for the 2018/19 season. He spent the 2019/20 season in Poland playing for King Szczecin. In 39 games with Orlando, Briscoe averaged 3.5 PPG, 2.2 APG, and 1.9 RPG, across 14.3 MPG.

Alex Kirschenbaum contributed to this post.

Magic Apply For DPE To Replace Jonathan Isaac

November 22nd, 2020 at 11:44am CST by Arthur Hill

The Magic are seeking a disabled player exception for Jonathan Isaac, tweets Josh Robbins of The Athletic. If approved by the league, the DPE will be worth $3,681,283, half of Isaac’s salary for the upcoming season.

Isaac suffered a torn ACL in his left knee during the NBA’s restart at Disney World and underwent surgery in August. He is expected to miss the entire season. He was returning from a severe left knee sprain and bone bruise that had kept him out of action since January.

Any player the Orlando signs with the DPE would count toward the team’s tax bill, Robbins notes (Twitter link). That could be a consideration as the Magic are near the tax line after agreeing to free agent deals with Michael Carter-Williams, James Ennis and Dwayne Bacon.

Eastern Notes: Sixers, Celtics, Pistons, Magic

November 22nd, 2020 at 1:03am CST by Luke Adams

Joking that having son-in-law Seth Curry on the Sixers will let him see his granddaughter more often, head coach Doc Rivers said this week that it was an easy decision to acquire a sharpshooter like Curry when the team had an opportunity to make a deal with Dallas.

“One of the things we wanted to do – Elton (Brand), Daryl (Morey), and I – when we got here was create as much shooting as possible around Ben (Simmons) and Joel (Embiid),” Rivers said, per Brian Seltzer of Sixers.com. “This was a no-brainer.”

Curry wasn’t the only prolific outside shooter the 76ers acquired this week. The team also agreed to trade for Danny Green and used one of its draft picks on Arkansas’ Isaiah Joe, who averaged 3.5 made threes per game over the course of his college career.

Here’s more from around the Eastern Conference:

The Celtics and Hornets were among the teams that exhibited interest in free agent guard Avery Bradley before he signed with Miami, league sources told Michael Scotto of HoopsHype.
After reaching agreements with Jeff Teague and Tristan Thompson, the Celtics project to have 16 players competing for 15 roster spots, according to Chris Forsberg of NBC Sports Boston, who notes (via Twitter) that one of those players – Javonte Green – is on a non-guaranteed deal. Two other Celtics had their 2020/21 salaries guaranteed today.
Rod Beard of The Detroit News takes a closer look at how Pistons general manager Troy Weaver has reshaped the team’s roster so far, explaining why the team opted to pay big money to Jerami Grant over Christian Wood and acknowledging that the Mason Plumlee signing was a bit of a “head-scratcher.”
The Magic appear to be running it back for the 2020/21 season with very few roster changes, according to Josh Robbins of The Athletic, who says it’s somewhat surprising that no trade involving Aaron Gordon or Evan Fournier has materialized. While team officials believe the current group can have a winning record, the front office will face criticism if the club once again finishes in the middle of the pack, failing to make any noise in the playoffs and failing to earn a high lottery pick, says Robbins.

Isaac Okoro, Cole Anthony Sign Rookie Contracts

November 21st, 2020 at 5:02pm CST by Arthur Hill

The Cavaliers and Magic have both signed their first-round picks, the teams announced today.

Cleveland came to terms with Auburn forward Isaac Okoro, who was the fifth overall selection. Orlando reached a deal with North Carolina guard Cole Anthony, who was taken with the 15th pick.

Neither team announced the terms of the deals, but both players are eligible to receive up to 120% of the rookie scale. That would be $6,400,920 for Okoro and $3,285,120 for Anthony.