Orlando Magic Rumors | Hoops Rumors

Scotto’s Latest: Beasley, Hield, Nuggets, Martin, Pelicans, Mavs, Cavs

July 5th, 2024 at 10:32pm CST by Luke Adams

Coming off a season in which he made a career-high 41.3% of his three-point attempts, free agent swingman Malik Beasley was considered the Mavericks‘ Plan B for outside shooting help if they were unable to land Klay Thompson, reports Michael Scotto of HoopsHype.

With Dallas no longer in the mix for Beasley, the 27-year-old sharpshooter is receiving interest from the Pelicans, who like the idea of having him stretching the floor alongside Zion Williamson, league sources tell Scotto.

Meanwhile, the Pistons “flirted” with potentially offering Buddy Hield a one-year contract and have considered doing the same for Beasley, Scotto writes, but for now Detroit wants to keep its salary cap space open for trade purposes, since the team is well positioned to take on an unwanted contract or two and receive draft assets for its trouble.

Here’s more from Scotto:

The Nuggets and Heat were among the teams to express interest in Hield before he agreed to join the Warriors, per Scotto. However, neither team could realistically match the $8.7MM starting salary Hield got from Golden State. Denver is shopping in free agency with its $5.2MM taxpayer mid-level exception in the hopes of adding a player who can help fill the Kentavious Caldwell-Pope-sized hole in the team’s rotation, Scotto notes.
When he declined his $7.1MM player option with Miami, Caleb Martin was hoping for a deal worth at least the full mid-level exception ($12.9MM) and possibly more than that, sources tell HoopsHype, but nothing has materialized so far. The Sixers are among the teams with interest in Martin, but his asking price would have to drop for that to be realistic, according to Scotto.
While the Pelicans continue to peruse the trade market for centers – with Wendell Carter of the Magic among the targets on their radar – veteran big man Daniel Theis has been linked to New Orleans as a possible cheaper option in free agency, Scotto writes.
The Mavericks, in the market for one more guard, have considered a possible reunion with Spencer Dinwiddie or Dennis Smith Jr., according to Scotto, who hears that Malachi Flynn is another playing Dallas is considering if Dinwiddie and Smith end up elsewhere.
Johnnie Bryant (Knicks), Jared Dudley (Mavericks), and Trevor Hendry (Nets) are among the coaches the Cavaliers are eyeing as possible assistants for Kenny Atkinson‘s staff, Scotto reports. Bryant was close with Donovan Mitchell from their days in Utah together, while Dudley and Hendry were with Atkinson in Brooklyn (Dudley as a player, Hendry as a staffer).

And-Ones: Team USA, Bonuses, Summer League, Draft, Tavares

July 5th, 2024 at 7:07pm CST by Luke Adams

The members of the U.S. Olympic team that will compete in Paris this summer have arrived in Las Vegas, writes Tim Reynolds of The Associated Press. Team USA will hold a pre-Olympic camp in Vegas from July 6-8 and will be joined by a 15-man Select Team for scrimmaging purposes.

Led by LeBron James (two Olympic gold medals, 20 All-Star berths) and Kevin Durant (three gold medals, 14 All-Star berths), the 12-man Olympic roster is as formidable as any team USA Basketball has fielded in the 21st century, with 84 combined All-Star nods. It will make picking a starting lineup a challenging task for head coach Steve Kerr.

“It’s a good problem to have,” Kerr said on Friday, per Reynolds. “I’m guessing that all 12 players on this roster will be in the Hall of Fame someday. So, how do you pick five out of 12? The idea is, you find combinations that click, and you find two-way lineups that can be effective at both ends. Our big job in Las Vegas is to find five-man combinations that fit and to just ask all 12 guys to fully commit to the goal of winning a gold medal no matter what it looks like, no matter who’s playing.”

Here are a few more odds and ends from around the basketball world:

Expect NBA teams to include unlikely incentives less frequently in player contracts going forward, tweets ESPN’s Bobby Marks. Those unlikely bonuses don’t count against the cap if they’re not earned, but they do count when determining a team’s position relative to the tax aprons, giving high-spending teams less wiggle room below those aprons. For instance, the Heat – who are operating in between the first and second aprons – would presumably prefer not to have to account for the $1.5MM unlikely bonus Tyler Herro would earn for winning Defensive Player of the Year.
With the Bulls, Magic, Nets, Trail Blazers, Cavaliers, and Hawks among the teams announcing their Summer League rosters on Friday, Brett Siegel of Clutch Points has updated his tracker of the Summer League squads from around the NBA.
While no concrete decisions have been made yet about next year’s draft schedule, the expectation is that the NBA will want the second round (ie. the second day) to start in the evening instead of the afternoon, Marc Stein writes at his Substack. The second day of the 2024 draft began at 4:00 pm Eastern time on June 27 so as not to compete with the U.S. presidential debate that was scheduled for that evening.
There had been some speculation in the spring that Walter Tavares might try to make an NBA comeback this summer, but the former Hawks and Cavaliers big man – who has been a star in Europe since 2017 – won’t be going anywhere, having signed a five-year contract with Real Madrid, the Spanish team announced in a press release. The all-time EuroLeague blocks leader, Tavares has won a pair of EuroLeague championships with Madrid in 2018 and 2023.

Magic Re-Sign Trevelin Queen On Two-Way Deal

July 5th, 2024 at 5:53pm CST by Luke Adams

JULY 5: Queen’s deal is done, according to the NBA’s official transaction log.

JULY 4: The Magic will bring back free agent guard Trevelin Queen on a two-way contract, league sources tell Chris Haynes of TNT and Bleacher Report (Twitter link).

Queen, 27, has spent much of his time in the G League since going undrafted out of New Mexico State in 2020, though he has also had stints with Houston, Indiana, and Orlando at the NBA level. He appeared in 14 NBA games while on a two-way deal with the Magic in 2023/24, averaging 2.9 points, 1.4 rebounds, and 1.3 assists in 11.8 minutes per night.

Although he’s been buried on NBA depth charts, Queen has been a star in the G League in recent years. He won both the regular season and Finals MVP awards in 2022 and made the All-NBAGL Second Team in 2024 in addition to earning MVP honors in this year’s G League Next Up Game at All-Star weekend. In 35 total games for the Osceola Magic this past season, he put up 23.2 PPG, 7.3 RPG, 5.0 APG, and 2.4 SPG with a .493/.313/.816 shooting line.

Queen received a two-way qualifying offer from the Magic last week to make him a restricted free agent, so in all likelihood, he’ll simply accept that offer.

Orlando will still have a pair of two-way open slots after officially signing Queen. Admiral Schofield and Kevon Harris were their other two-way players last season, but Schofield signed a deal with a French team and Harris is an unrestricted free agent.

Magic Re-Sign Moritz Wagner

July 2nd, 2024 at 2:05pm CST by Arthur Hill

JULY 6: The Magic confirmed in a press release (Twitter link) that they’ve officially re-signed Wagner. The deal will feature a second-year team option, tweets Michael Scotto of HoopsHype.

JULY 2: Moritz Wagner has agreed to re-sign with the Magic for $22MM over two years, according to ESPN’s Adrian Wojnarowski (Twitter link).

The 27-year-old center became an unrestricted free agent on Sunday after Orlando declined its $8MM team option for next season. The move was made to maximize cap space heading into free agency, but there were multiple reports that Wagner and the team were interested in a new deal.

Wagner appeared in 80 games last season, making just one start, and averaged 10.9 points, 4.3 rebounds and 1.2 assists in 17.7 minutes per night. He shot a career-best 60.1% from the field and 33% from three-point range as Orlando reached the playoffs for the first time in four years.

Wagner was drafted by the Lakers with the 25th pick in 2018 and played for three teams in his first three seasons before signing with the Magic late in the 2020/21 campaign. He has become a valuable reserve on one of the best young teams in the East.

Orlando has been active since the start of free agency, re-signing Goga Bitadze and Gary Harris along with Wagner, and luring Kentavious Caldwell-Pope away from Denver. The Magic still have some leftover cap room, though recent reporting suggested they may be focused on re-signing Joe Ingles and renegotiating Jonathan Isaac‘s contract.

A Closer Look At How Paul George Wound Up In Philadelphia

July 2nd, 2024 at 1:54pm CST by Arthur Hill

Bad weather caused a two-hour flight delay for Sixers owner Josh Harris and franchise legend Julius Erving as they headed to Los Angeles to meet with Paul George on Sunday, writes Ramona Shelburne of ESPN. But they found a pleasant surprise when they arrived, as their No. 1 free agent target showed up wearing a T-shirt featuring another Sixers icon, Allen Iverson.

George’s other options were mostly exhausted by that point, so the late-night meeting was more or less a formality. The Clippers weren’t willing to give him the four-year contract he wanted, and the Magic, who were the other team George agreed to meet with, had already reached an agreement with Kentavious Caldwell-Pope that limited their remaining cap space.

George happily accepted the four-year max offer, giving Sixers brass the player they had been hoping to acquire since James Harden demanded a trade last summer. Sources tell Shelburne that when Clippers executive Lawrence Frank originally called to ask about Harden, Philadelphia president of basketball operations Daryl Morey asked for George in return. Frank wasn’t willing to consider it because L.A. was trying to compete for a title, but the team’s concerns about a long-term stay in the second apron eventually made George available in free agency.

Shelburne hears that after Kawhi Leonard agreed to a three-year, $150MM extension in January — after being eligible for four years at $221MM — there was pressure on George to accept a similar deal. At age 34, George was hoping to maximize what could be his final NBA contract, so he began to consider other options.

Sources tell Shelburne that the Clippers’ offers to George were for less guaranteed money than what Leonard received. She adds that George was aware that other teams were willing to give him a four-year max contract and he was disappointed by the Clippers’ resistance.

Shelburne confirms a weekend report that the Warriors made a serious effort to trade for George on Saturday as the deadline for picking up his $48.8MM option approached. Chris Paul‘s agreement to push back the guarantee date on his $30MM salary for next season was done in case Golden State needed to include all or part of that money in a deal with L.A.

Shelburne’s sources say there were talks at both the ownership and executive levels as the Warriors made numerous offers consisting of expiring contracts, young players and a 2027 first-round pick that would have been unprotected. The Clippers asked for Jonathan Kuminga to be included, but Shelburne hears that Golden State was unwilling to part with the talented young forward because they feared George’s interest in joining the Warriors would dip if they gave up too much to acquire him.

The trade ultimately died because of the Clippers’ reluctance to take back contracts that would push them into the second apron unless the talent level justified it.

Magic Re-Sign Gary Harris On Two-Year Contract

July 2nd, 2024 at 1:34pm CST by Dana Gauruder

JULY 6: Harris’ contract is official, the Magic announced today in a press release (Twitter link). The deal is worth $7.5MM annually, with a team option on year two, tweets Michael Scotto of HoopsHype.

JULY 2: Harris’ deal will actually be worth $15MM over two years, a source tells Wojnarowski (Twitter link).

JULY 1: The Magic are re-signing veteran swingman Gary Harris on a two-year, $14MM contract, ESPN’s Adrian Wojnarowski tweets.

Harris’ name had been bandied about as a reasonably-priced free agent option for numerous clubs but he opted for continuity. Harris is taking a pay cut — he made $13MM in each of the last two seasons.

Harris has spent the last three-and-a-half seasons with Orlando after playing six-and-a-half seasons with the Nuggets. The 29-year-old has been a starter most of his career but came off the bench in half of his 54 regular-season appearances last season. He averaged 6.9 points — his lowest output since his rookie season — along with 1.7 rebounds and 1.6 assists in 24 minutes per game.

During his 570-game NBA career, Harris has averaged 11 points, 2.4 rebounds and 1.9 assists. He’s a career 37% 3-point shooter.

He’ll likely slot in as the second-unit shooting guard behind Kentavious Caldwell-Pope, the Magic’s splashy free agent acquisition. KCP agreed to a three-year, $66MM deal to leave Denver.

Free Agency Rumors: Theis, Magic, Heat, Raptors, Rockets

July 2nd, 2024 at 9:19am CST by Luke Adams

Veteran center Daniel Theis has received interest in free agency from several suitors, including the Grizzlies, Pelicans, and Bucks, reports Kelly Iko of The Athletic (Twitter link).

Theis won the 2023 FIBA World Cup with Germany last year, then joined the Clippers in the fall after negotiating a buyout with the Pacers. He served as the backup center in Los Angeles while Mason Plumlee missed time due to an injury and averaged 6.3 points, 4.1 rebounds, and 0.9 blocks in 17.1 minutes per game across 59 outings.

A second-apron team, Milwaukee is limited to offering minimum-salary contracts to outside free agents, while Memphis and New Orleans have financial constraints of their own to consider, so Theis is unlikely to secure a big payday from any of those suitors. Still, they could certainly offer him a path to playing time.

The Grizzlies traded away Steven Adams and Xavier Tillman last season, while New Orleans lost Jonas Valanciunas and Larry Nance Jr. this summer. Milwaukee has Brook Lopez manning the middle, but his name came up in trade rumors last month.

Here are a few more free agency notes from around the NBA:

Although the Magic still have a chunk of cap room left over, they don’t appear to be aggressively pursuing outside free agents using that room. Jason Beede of The Orlando Sentinel (subscription required) hears that there continues to be mutual interest in new deals for free agents Moritz Wagner and Joe Ingles — if both players return, Orlando would have 15 players on standard contracts. A report on Monday suggested the team is also exploring using some cap room to renegotiate and extend Jonathan Isaac‘s contract.
Caleb Martin doesn’t have a deal in place with a new team yet, but Ira Winderman of The South Florida Sun Sentinel (Twitter link) still views him as “all but gone” from the Heat. Re-signing Haywood Highsmith remains a possibility for Miami, per Winderman, who says the team may also sign another veteran free agent for the minimum. Winderman names Dennis Smith Jr. as a possible Heat target.
Free agent wing Gary Trent Jr. appears likely to leave the Raptors, according to Eric Koreen of The Athletic. As Koreen details, Toronto’s agreement with Garrett Temple means there are already 15 players projected to be on guaranteed contracts if second-round picks Jonathan Mogbo and Jamal Shead are signed using the second-round exception, as expected. In other words, the team’s free agent business might be just about done.
Kelly Iko of The Athletic hears that Trent had some interest in reuniting with former teammate Fred VanVleet in Houston, but the Rockets are another team who likely won’t do much more free agent shopping. Following the additions of Reed Sheppard and AJ Griffin, along with a new deal with Aaron Holiday, Houston projects to have 15 players under contract. While the Rockets would certainly still be interested in acquiring a young star, the two players they’ve been monitoring most closely, per Iko – Donovan Mitchell and Devin Booker – aren’t available, and the asking price for Jazz forward Lauri Markkanen was considered too high.

Southeast Notes: Valanciunas, Salaun, Simpson, Wagner, Heat

July 1st, 2024 at 10:35pm CST by Dana Gauruder

Reaching a three-year agreement with 32-year-old center Jonas Valanciunas seems like an odd move for a rebuilding team. So why did the Wizards do it?

As Josh Robbins and William Guillory of The Athletic see it, Valanciunas’ presence will allow second overall draft pick Alex Sarr to develop at a slow and steady pace. Sarr needs to add bulk and muscle to his seven-foot frame and Valanciunas can match up against more physical centers. The veteran can also serve as a role model to the team’s other younger players.

We have more from the Southeast Division:

Hornets lottery pick Tidjane Salaun suffered a minor laceration near his knee but is expected to be available for the start of Las Vegas Summer League next week. However, he will unavailable when the team begins mini-camp in Sacramento on Tuesday. Second-round pick KJ Simpson won’t play during either the Sacramento or Las Vegas Summer Leagues as he continues to rehab a hamstring injury suffered during the pre-draft process. He is expected to be fully recovered and available at the start of training camp this fall, according to the team’s PR department (Twitter links).
The Magic have reached an agreement with backup big Goga Bitadze but they’re still interested in re-signing Moritz Wagner, who reciprocates that interest, Jason Beede of the Orlando Sentinel tweets. Orlando declined its $8MM option on Wagner’s contract prior to free agency.
Other than reaching a two-year agreement with Kevin Love, the Heat haven’t done much in terms of their 15-man roster during the first two days of free agency. It’s a product of the team’s salary-cap crunch, according to Anthony Chiang of the Miami Herald. They don’t have much to offer to outside free agents and new restrictions in the CBA make it harder to pull off a trade. Miami also doesn’t have much draft capital to facilitate those deals.

Fischer’s Latest: Markkanen, Isaac, DeRozan, Lakers, D-Lo, Nets

July 1st, 2024 at 6:51pm CST by Luke Adams

The Jazz are “welcoming” inquiries on Lauri Markkanen, according to Jake Fischer of Yahoo Sports, who wonders if Utah’s offseason could play out like Brooklyn’s has. The Nets agreed to trade Mikal Bridges after efforts to pair him with an impact player came up short. Utah has also explored the trade market for a possible second star to complement Markkanen, talking to Brooklyn about Bridges (as previously reported) and to the Hawks about both Dejounte Murray and Trae Young, sources tell Fischer.

While it’s possible the Jazz will follow the Nets’ lead, selling off their lone star after failing to land another one, they don’t appear eager to part with Markkanen. According to Fischer, the Jazz have conveyed that they remain interested in renegotiating and extending Markkanen’s contract later this offseason and that listening to every offer for the star forward is just about due diligence.

As reported earlier today, both the Warriors and Spurs have interest in Markkanen, Fischer confirms, naming the Kings and Timberwolves as a couple more teams to watch. However, Sacramento’s reluctance to put Keegan Murray on the table in trade scenarios – which NBA personnel believe would be necessary to land Markkanen – may result in the Kings shifting their trade focus to Pelicans forward Brandon Ingram, Fischer writes. As for the Wolves, they’re operating over the second apron and barely have any future draft capital available, so it’s hard to envision a way for them to make a serious play for Markkanen.

Here’s more from Fischer:

The Magic may not end up using all of their cap room on free agents or trades — according to Fischer (Twitter link), they’re working on possibly renegotiating and extending forward Jonathan Isaac‘s contract. A team with cap space can use it to give a player a raise on his current-year salary, then reduce his salary by up to 40% in the first year of an extension, so Orlando may be looking at essentially giving Isaac a bonus this season to get him a team-friendly deal beginning in 2025/26.
Although LeBron James has expressed a willingness to take a pay cut if it allows the Lakers to bring in an impact player, Fischer writes that the team seems to be running out of potential targets – and time – to make that happen. The Lakers “hold an affinity” for DeMar DeRozan, but they’d likely have to incorporate a third team to move off some salary, including perhaps D’Angelo Russell or Gabe Vincent, to have a shot at DeRozan, according to Fischer.
The Nets could be a trade destination for Russell. Sources tell Fischer that Brooklyn has been open to the idea of a reunion with Russell since February’s trade deadline.
If Klay Thompson had re-signed with the Warriors, the plan was to bring him off the bench next season behind second-year guard Brandin Podziemski, according to Fischer. Thompson appears likely to be a starter in Dallas.

Magic Re-Sign Goga Bitadze On Three-Year Deal

July 1st, 2024 at 5:10pm CST by Dana Gauruder

JULY 6: The Magic have officially re-signed Bitadze, the team announced today in a press release.

JULY 1: The Magic have reached a three-year agreement with one of their own free agents, center Goga Bitadze, ESPN’s Adrian Wojnarowski tweets. The contract will be worth $25MM.

Orlando signed Bitadze midway through the 2022/23 season after the Pacers waived the former first-round selection. The Magic then exercised their $2.07MM team option on him last summer.

Bitadze started 33 games last season, appearing in 62, and averaged 5.0 points, 4.6 rebounds, 1.3 assists and 1.2 blocks per contest.

Bitadze has a minimum cap hold that will put the Magic in position to go over the cap to re-sign him with his Early Bird rights, cap expert Yossi Gozlan tweets. That would allow the Magic to preserve their remaining $27MM in cap space and still have the $8MM room exception at their disposal.

The Knicks were viewed as a possible suitor for Bitadze, but reporting earlier today indicated that the Magic were prepared to offer more for him that New York could realistically put on the table.

Bitadze figures to once again back up Wendell Carter Jr. Orlando declined its team option on Moritz Wagner but could still work out another contract with the 27-year-old big man.