2021 August | Hoops Rumors

Celtics Sign Dennis Schröder To One-Year Deal

August 13th, 2021 at 5:40pm CST by Luke Adams

AUGUST 13: The Celtics have officially signed Schroder, according to a team press release.

“We are really excited to welcome Dennis and his family to Boston,” president of basketball operations Brad Stevens said in a statement. “Dennis is a high-level player and competitor, who has consistently impacted winning with his play on both ends of the court.”

AUGUST 10: The Celtics and free agent point guard Dennis Schröder are in agreement on a one-year contract, reports Adrian Wojnarowski of ESPN (Twitter link). According to Wojnarowski (via Twitter), the deal will be worth the $5.89MM taxpayer mid-level exception.

Schröder has officially confirmed in an Instagram story that he’s joining the Celtics.

“This is one of the best franchises in NBA history and it will be a honour to put on the green and white and do what I love!” Schröder wrote. “I’m going out there every night and leaving it all on the floor for the city!! Who’s ready?!”

We first heard last week that the Celtics and Schröder were engaged in contract discussions, with a report earlier today indicating the team had offered him a one-year, $5.9MM deal.

Today’s report suggested Schröder was seeking a second-year player option and the full non-taxpayer mid-level exception (worth about $9.5MM), but the C’s wanted to maintain cap flexibility in 2022 and avoid hard-capping themselves this season. It appears Schröder relented.

Schröder had an up-and-down season for the Lakers in 2020/21 after being acquired from the Thunder last fall. His scoring average dipped to 15.4 PPG, his lowest mark since 2015/16, and his shooting numbers (.437 FG%, .335 3PT%) also fell off a little following a career year in Oklahoma City.

The 27-year-old struggled in the Lakers’ first-round playoff loss to Phoenix, putting up just 14.3 PPG and 2.8 APG on .400/.308/.846 shooting in six games (32.7 MPG), though he was coming off a case of COVID-19 near the end of the regular season.

Despite Schröder’s inconsistent play in Los Angeles, the extent to which his market collapsed is still surprising. He reportedly turned down a four-year extension offer worth in excess of $80MM during the season. When the Lakers agreed to trade for Russell Westbrook, it closed one door for Schröder, and the teams seeking a point guard in free agency didn’t have the German atop their lists of targets.

As a result, the Celtics – who traded away starting point guard Kemba Walker in June – will get a bargain for the 2021/22 season, while Schröder will look to rebuild his value in Boston before re-entering the free agent market in 2022.

As Chris Forsberg of NBC Sports Boston notes (via Twitter), if the Celtics remain committed to not using more than the taxpayer portion of their mid-level exception, they’ll be limited to one- or two-year minimum-salary deals for any other signings, including draft-and-stash prospect Yam Madar.

Wizards Notes: Dinwiddie, Bryant, Holiday, Hachimura, Avdija

August 13th, 2021 at 4:00pm CST by Luke Adams

Speaking today to reporters, Wizards general manager Tommy Sheppard said that Spencer Dinwiddie is further along in his recovery from an ACL tear than Thomas Bryant is, as Fred Katz of The Athletic tweets. Dinwiddie sustained a partially torn ACL in late December, while Bryant suffered the same injury just a couple weeks later.

According to Sheppard, Dinwiddie is on track to progress to 2-on-2 and 3-on-3 scrimmages, while Bryant has not been fully cleared for basketball activities yet.

“I can’t see Thomas necessarily being in our first game,” Sheppard said.

A previous report indicated that the Wizards may be targeting a December return for Bryant.

Here’s more out of D.C.:

Sheppard confirmed a report that the Wizards tried to trade for Aaron Holiday in the past before acquiring him this offseason. “Usually, trade deadline calls, trades that don’t work out kinda resurface in the summer,” Sheppard said (Twitter link via Katz).
Sheppard was asked today about whether the roles for young forwards Rui Hachimura and Deni Avdija will changes in 2021/22 as a result of the Wizards’ influx of depth. As Chase Hughes of NBC Sports Washington relays (via Twitter), the Wizards’ GM said he thinks Hachimura will remain in the starting lineup, but Avdija – who started 32 of his 54 games as a rookie – is more likely to be part of the second unit.
Montrezl Harrell and Kentavious Caldwell-Pope, acquired from the Lakers in the Russell Westbrook blockbuster, will bring specific skill sets to a revamped Wizards roster, writes Kareem Copeland of The Washington Post. Caldwell-Pope, in particular, is the kind of three-and-D wing the team has been lacking.

Largest Trade Exceptions Created This Offseason

August 13th, 2021 at 3:09pm CST by Luke Adams

A total of 26 trades have been completed to so far during the 2021 NBA offseason, and many of those deals generated at least one “traded player exception.”

As we explain in our glossary, a traded player exception allows a team to take on salary in a trade without sending out any salary in return. The amount of the exception plus $100K is the amount of salary the team is permitted to take back without salary-matching – either in a single deal or in multiple trades – for one year.

For instance, a team with a $10MM trade exception could acquire a player earning $4MM and a player earning $6.1MM without having to worry about sending out any outgoing salary.

One of the biggest trade exceptions ever created – the Thunder‘s $27.5MM TPE from last November’s Steven Adams trade – expired last week without being used, but Oklahoma City still has a pair of sizeable exceptions to work with, as our tracker shows. The team could also create upwards of $30MM in cap space by renouncing all its exceptions, including the mid-level and bi-annual.

While the Thunder have some big traded player exceptions, they aren’t one of the teams that created sizable new TPEs in offseason deals this year. Here are the largest new trade exceptions generated this summer:

New Orleans Pelicans: $17,073,171 (Steven Adams)
Brooklyn Nets: $11,454,048 (Spencer Dinwiddie)
Dallas Mavericks: $10,865,952 (Josh Richardson)
Boston Celtics: $9,720,900 (Tristan Thompson)
- Note: It’s unclear whether the Celtics absorbed Bruno Fernando‘s salary ($1,782,621) using the Thompson exception or their Kemba Walker trade exception ($6,879,100). We’re assuming for now that Fernando slotted into the Walker exception, reducing its value to $5,096,479. However, if he went into the Thompson TPE, its value would be reduced to $7,938,279.
Utah Jazz: $7,475,379 (Derrick Favors)
- Note: There was an expectation that the Jazz would slot Eric Paschall‘s salary ($1,782,621) into one of two trade exceptions that were set to expire on August 6. However, it appears the deal wasn’t completed until August 7 for logistical reasons, meaning the Favors TPE (originally $9,258,000) would’ve had to be used.
Indiana Pacers: $7,333,333 (Doug McDermott)
Chicago Bulls: $5,000,000 (Daniel Theis)

For a second straight year, a team generated the largest trade exception of the offseason by trading Adams. This time around, it was the Pelicans, who cleverly folded separate trade agreements with the Grizzlies and Hornets into one three-team deal, sending Wesley Iwundu to Charlotte to ensure that Adams’ salary wouldn’t be required for matching purposes.

The Pelicans and Mavericks are the two best candidates on this list to make use of their newly-created exceptions at some point. The larger the exception is, the easier it is to find a use for, and those are two of the three biggest in this group.

The other big TPE belongs to the Nets, but they’re already way over the tax line and will be reluctant to take on more salary unless they have a really good reason to do so. That’s probably true of most of the other teams on this list too — the Celtics and Jazz in particular have to be conscious of luxury-tax concerns as they mull the possibility of taking on additional salary. New Orleans and Dallas have more wiggle room, while the Pacers and Bulls are somewhere in between.

The full list of available trade exceptions can be found here.

Salary information from Basketball Insiders was used in the creation of this post.

Bulls Sign Ayo Dosunmu, Marko Simonovic

August 13th, 2021 at 1:38pm CST by Luke Adams

6:53pm: Dosunmu received a guaranteed two-year, $2.48MM contract, Shams Charania of The Athletic tweets. That’s a minimum-salary deal, which would leave the mid-level open for Simonovic.

1:38pm: The Bulls have officially locked up a pair of second-round picks, signing guard Ayo Dosunmu and forward/center Marko Simonovic to their first NBA contracts, according to NBA.com’s transactions log.

Dosunmu, 21, played his college ball at Illinois, spending three years with the Fighting Illini before declaring for the draft following his junior season. He averaged an impressive 20.1 PPG, 6.3 RPG, and 5.3 APG on .488/.390/.783 shooting in 28 games (35.1 MPG) in 2020/21 and was selected 38th overall by the Bulls in the 2021 draft.

Simonovic, meanwhile, was the No. 44 pick in the 2020 draft, but played in Serbia for one more season before making the leap to the NBA. The 21-year-old big man, who confirmed earlier this week that he’d be signing with the Bulls, put up 15.7 PPG, 9.1 RPG, 1.7 APG, and 1.0 SPG in 25 games (31.6 MPG) for Mega Basket in the Adriatic League in 2020/21.

Terms of the two deals aren’t yet known, but the Bulls had less than $1MM of their mid-level exception left after signing Alex Caruso using most of the MLE. That means they’ll be able to give one of their rookies a three- or four-year deal, but will be limited to two years for the other (via either the bi-annual exception or the minimum salary exception).

The Bulls now have 12 players on under contract, with Lauri Markkanen‘s restricted free agency still to be resolved.

Bucks Sign Thanasis Antetokounmpo To Two-Year Deal

August 13th, 2021 at 1:03pm CST by Luke Adams

1:03pm: The Bucks have officially re-signed Antetokounmpo, the team announced today in a press release.

“Thanasis brings energy, effort and tenacity every minute of every game,” general manager Jon Horst said in a statement. “He’s a valuable part of our team and we’re excited to have him remain in Milwaukee.”

7:55am: The Bucks and free agent forward Thanasis Antetokounmpo have agreed to a new two-year deal, according to ESPN’s Adrian Wojnarowski (via Twitter).

The older brother of Bucks star Giannis Antetokounmpo, Thanasis has spent the last two seasons in Milwaukee and appeared in 57 games for the club in 2020/21, averaging 2.9 PPG and 2.2 RPG in 9.7 minutes per contest.

Prior to the 2019/20 season, the 6’6″ forward had played for a handful of international and G League teams and made a brief NBA cameo for the Knicks during the 2015/16 season, appearing in two games.

The terms of Antetokounmpo’s new deal aren’t known, but a minimum-salary pact seems likely.

As ESPN’s Bobby Marks notes (via Twitter), prior to agreeing to a new contract with Antetokounmpo, Milwaukee had been carrying 12 players on guaranteed contracts and three with partial or non-guarantees (Georgios Kalaitzakis, Elijah Bryant, and Mamadi Diakite). It’s unclear if Antetokounmpo is receiving a full guarantee.

Warriors Notes: Bjelica, Porter, Poole, Rookies, Iguodala, Kerr

August 13th, 2021 at 12:57pm CST by Luke Adams

Warriors head coach Steve Kerr believes that adding veteran forwards Nemanja Bjelica and Otto Porter in free agency should help make Golden State a better three-point shooting team in 2021/22, as he tells Tim Kawakami of The Athletic.

Kerr called the signing of Bjelica “really exciting,” pointing out that the Warriors haven’t really had a floor-spacing, pick-and-pop big man since Marreese Speights, who generally shot from the mid-range rather than from beyond the arc.

“I look at Bjelica as the three-point-shooting version of Mo, in many ways,” Kerr said. “Because all of a sudden, you’re looking at a spaced floor when you consider Klay (Thompson)‘s return and Steph (Curry)‘s play last year. The ability to play Bjelica with Draymond (Green), which basically turns Draymond into the five and the pick-and-roll guy with Bjelica spaced. Really exciting.”

Kerr also praised Porter, referring to him as a player who can guard multiple positions on defense and who isn’t just “going to stand in the corner” on offense.

“The whole thing with Otto is health now,” Kerr told Kawakami. “He feels like he’s healthy and we’re going to give him every opportunity to get himself in shape and in rhythm. If he can return to form, then he’s a really, really interesting player for us. Somebody who could play an important role.”

Here’s more on the Warriors:

Asked by Kawakami about lineup and rotation decisions to start the season, Kerr predicted that Jordan Poole will be the Warriors’ starting shooting guard until Thompson is ready to play, and said it’s “impossible to say” yet whether either Jonathan Kuminga or Moses Moody will play regular minutes.
Kerr recognizes that trading Andre Iguodala in 2019 was necessary in order to get below the hard cap, but is thrilled to have the veteran forward back in Golden State, as Kawakami relays. “I think when we lost him, we lost a piece of our soul,” Kerr said of Iguodala. “… Andre’s return, I think, is huge in a lot of different ways. First, he’s still got plenty to offer, as he showed in Miami the last two seasons. So his addition on the court will be huge for us. And second, he just embodies everything we’re about — versatility, sacrifice, the clear defining of roles, the mentoring that he brings for the younger guys. You throw all that into the equation and Andre is just an enormous addition for us.”
Kerr, who won a gold medal in Tokyo as an assistant coach for Team USA, was asked by Kawakami if he’d be interested in becoming the club’s head coach in 2024, assuming Gregg Popovich doesn’t return. His reply: “Of course I’d be interested. I mean, who wouldn’t be? I’ll leave it at that. I have no idea how it will all transpire; there are a lot of great candidates out there. And if I were to be considered, that would be an honor.”
The Warriors issued a press release today officially announcing a series of previously-reported additions to Kerr’s coaching staff, including Kenny Atkinson, Dejan Milojevic, and Jama Mahlalela.

Lance Stephenson Working Out For NBA Teams In Vegas

August 13th, 2021 at 11:20am CST by Luke Adams

Free agent swingman Lance Stephenson is holding a private workout for NBA teams in Las Vegas on Friday morning, reports Chris Haynes of Yahoo Sports (Twitter link).

According to Haynes, the Bucks, Nuggets, Sixers, and Nets are among the teams expected to have representatives in attendance at the workout.

Stephenson, who has appeared in over 500 regular season NBA games and another 57 playoff contests across nine seasons, hasn’t played in the league since 2018/19, when he made 68 appearances for the Lakers.

In his prime, Stephenson was a secondary scorer and play-maker who provided toughness and defensive versatility on the wing. Despite his two-year absence from the NBA, the 6’6″ guard/forward hasn’t given up on trying to get back into the league and believes he’s still capable of helping teams.

While it remains to be seen whether any of the four teams mentioned above – or any others – will seriously consider bringing Stephenson to training camp, it’s worth noting he was one of the players on Denver’s radar last spring when the club was seeking backcourt help following injuries to Jamal Murray and Will Barton, tweets Mike Singer of The Denver Post. The Nuggets ended up signing Austin Rivers instead.

Clippers, Spurs Among Teams Facing Potential Roster Crunch

August 13th, 2021 at 10:19am CST by Luke Adams

NBA teams are permitted to carry up to 20 players during the offseason, so no clubs have been forced to cut anyone to make room for new additions so far this summer. However, once the regular season begins in October, teams must trim their rosters to 15 players (not counting two-way contracts), and there are already a handful of clubs that may face some difficult decision to get down to that number.

Of course, there’s plenty of time for these teams to figure out how their regular season rosters will look and make the necessary trades or cuts. It’s only mid-August after all.

Still, we wanted to check in on these teams to preview some of the decisions they may be facing in the coming weeks and months.

Let’s dive in…

Los Angeles Clippers:

After officially completing their new deal with Kawhi Leonard on Thursday, the Clippers now have 15 players on guaranteed contracts, and Nicolas Batum will become the 16th once he officially finalizes his new contract with the team.

Yogi Ferrell remains under contract on a non-guaranteed salary, but it’s hard to see how he’ll fit on the regular season roster, since the club would have to remove two players on guaranteed salaries in order to keep him.

Perhaps the Clippers, who are facing a projected $125MM tax bill in 2021/22, will make a surprise trade involving a veteran on an expiring contract in order to cut costs, but it’s hard at this point to imagine the team salary-dumping a player like Patrick Beverley, Serge Ibaka, or Rajon Rondo.

This year’s second-round picks, Jason Preston and Brandon Boston, signed deals with two guaranteed seasons and should be safe, but last year’s second-rounder – Daniel Oturu – is on an expiring $1.52MM deal and could be at risk of losing his roster spot following a quiet rookie season.

San Antonio Spurs:

The Spurs are currently at 14 players on guaranteed contracts and one (Drew Eubanks) with a small partial guarantee of $500K. Their offseason moves aren’t all done though — Bryn Forbes and Jock Landale have yet to sign their contracts, and second-rounder Joe Wieskamp is unsigned too.

We don’t know the exact salary details for Forbes and Landale. However, Forbes seems like a safe bet for a full guarantee. It’s possible Landale’s deal won’t be guaranteed, which would make him and Eubanks potential odd men out. The Spurs also have an open two-way slot, which perhaps they’d like to use on Wieskamp.

If San Antonio wants to carry at least one of Eubanks, Landale, and Wieskamp on its 15-man regular season roster, Al-Farouq Aminu would be the most logical odd man out. Injuries have limited him to just 41 games over the last two seasons, he’s on an expiring contract, and he was included in the DeMar DeRozan sign-and-trade for salary-matching purposes.

Detroit Pistons:

It was a little surprising when the Pistons brought back Rodney McGruder on a guaranteed minimum-salary deal just a few days after waiving him. McGruder is Detroit’s 15th guaranteed contract, and the team has yet to sign restricted free agent Hamidou Diallo or second-round picks Luka Garza and Balsa Koprivica.

The Pistons are reportedly using one of their two-way contract slots on undrafted rookie Chris Smith, but that leaves one for Koprivica or Garza. Jahlil Okafor, who is on expiring $2.13MM contract, is probably the most expendable of the 15 players on guaranteed deals.

But even if, say, Koprivica fills a two-way slot and Diallo replaces Okafor on the 15-man roster, one more move would be necessary to accommodate Garza. Perhaps Detroit can stash Koprivica in the G League or an international league and use that second two-way spot on Garza.

New York Knicks:

The Knicks are carrying just 10 players on fully guaranteed contracts for the time being, but they still need to officially complete deals for Evan Fournier, Alec Burks, Derrick Rose, and Taj Gibson. That’ll bring the total to 14.

The team is also carrying Luca Vildoza on a non-guaranteed deal, has reached an agreement to sign Dwayne Bacon, and has No. 34 overall pick Rokas Jokubaitis talking about wanting to make this year’s roster.

We don’t know the full details on Bacon’s contract yet, but if it’s not fully guaranteed, he could end up battling Vildoza for the final spot on the 15-man squad, with Jokubaitis returning to Europe for at least one more year.

A few other situations worth noting:

The Celtics will have 15 fully guaranteed contracts once Dennis Schröder and Enes Kanter officially sign, making Jabari Parker (non-guaranteed) the odd man out unless a player like Kris Dunn or Bruno Fernando is traded.
The Nets have 13 players on guaranteed contracts, with DeAndre’ Bembry on a partial guarantee and Alize Johnson on a non-guaranteed deal. Second-round picks Kessler Edwards, Marcus Zegarowski, and RaiQuan Gray are all unsigned, as is two-way RFA Reggie Perry. Two of those players will likely end up on two-way deals and one of the second-rounders probably replaces Johnson on the 15-man roster. However, there’s not really a path to Edwards, Zegarowski, and Gray all claiming standard contracts or two-way deals unless one of Bembry or Perry is cut loose.
The Warriors have 13 players on fully guaranteed deals, meaning not all three of Damion Lee, Mychal Mulder, and Gary Payton II (all non-guaranteed) will make the team. Mulder and Payton may end up fighting for the 15th spot.
If the Pelicans sign RFA Josh Hart and second-round pick Herb Jones to guaranteed contracts, they’ll have 15 of them, making Wenyen Gabriel (non-guaranteed) the likely odd man out.
The Sixers have 13 players on guaranteed contracts, with Paul Reed and Anthony Tolliver on non-guaranteed deals and second-round picks Charles Bassey and Filip Petrusev unsigned. Bassey figures to get a 15-man spot, since both of the team’s two-way slots are full, and I’d be surprised if Reed goes anywhere. That might mean Tolliver is waived, with Petrusev remaining overseas.
The Kings will have 14 players on guaranteed contracts once Alex Len officially signs, leaving Chimezie Metu (partially guaranteed) and Justin James (non-guaranteed) battling for the 15th spot.

Atlantic Notes: Griffin, Sixers, Knicks, Schröder

August 13th, 2021 at 9:05am CST by Luke Adams

Despite looking rejuvenated in Brooklyn down the stretch of the 2020/21 season, veteran forward Blake Griffin accepted another minimum-salary contract to return to the Nets, and said on Thursday that the decision was a “no-brainer,” as Brian Lewis of The New York Post relays.

“We as a team felt like we obviously didn’t accomplish what we wanted,” Griffin said. “You can say injuries, but every team had injuries. So we feel like there’s definitely unfinished business. There’s something bigger that we want to achieve, and I still want to be a part of that.”

Not all of the Nets’ key free agents returned – Jeff Green left for Denver – but Griffin wasn’t the only player to re-sign a team-friendly deal and make reference to unfinished business after falling short of a championship in 2021. Bruce Brown, who accepted his one-year, $4.7MM qualifying offer from Brooklyn, told GM Sean Marks that he felt “the job wasn’t done.”

Here’s more from around the Atlantic:

Rich Hofmann of The Athletic takes a look at the Sixers‘ offseason, observing that the team has mostly taken a “run it back” approach so far, with Andre Drummond and Georges Niang filling the Dwight Howard and Mike Scott roles. Of course, the possibility of a Ben Simmons trade still looms large, but it’s unclear what such a deal might look like if the 76ers don’t get a chance to make a run at Damian Lillard.
As Ian Begley of SNY.tv writes, as a result of all the multiyear contract commitments the Knicks made this offseason, the summer of 2022 projects to be the first offseason in a few years that the team won’t have maximum-salary cap space.
Knicks forward Obi Toppin, a native New Yorker like Kemba Walker, grew up idolizing the point guard and can’t wait to play alongside him in 2021/22, writes Marc Berman of The New York Post. “Having Kemba come to the team is amazing,” Toppin said. “Great player. I’ve watched him as long as he’s been playing since he left UConn. Having an opportunity to play with him is going to be amazing.”
Dennis Schröder may not be a perfect on-court fit for the Celtics, but he’ll bring an element of speed and an ability to get to the rim that the team’s other point guards don’t have, and it’s hard to argue with the value of a one-year, $5.9MM deal, says Jay King of The Athletic.

Central Notes: Pistons, Bucks, Dosunmu, Mobley

August 12th, 2021 at 9:56pm CST by Dana Gauruder

The Pistons have a logjam and will need to make some moves to create roster space, according to Keith Langlois of Pistons.com. They’re already at the 15-player limit for standard contracts and a decision on restricted free agent Hamidou Diallo is still looming. They also have only one two-way contract slot available and have yet to sign second-round draft picks Luka Garza and Balsa Koprivica.

We have more from the Central Division:

The Bucks gave up two second-round picks in the Grayson Allen deal with the Grizzlies. The picks they’re giving up are owed to Milwaukee from previous deals, Chris Herrington of The Daily Memphian tweets. The first of those picks will either the Pacers’ pick or the less favorable of Cavaliers’ or Jazz’s pick in 2024. The second will be conveyed in 2026, the highest of either the Pacers’ or Heat’s pick.
Bulls second-rounder Ayo Dosunmu is off to a rough shooting start in the summer league, Joe Cowley of the Chicago Sun-Times notes. He’s shooting 7-for-24 (29%) from the field through three games. “The advice I got was go out there and play hard,’’ said Dosunmu, the 38th overall selection. “Just try to learn something new each game. That’s the best way you’re going to get better.”
The No. 3 overall pick, Evan Mobley, is showing the Cavaliers in summer league play how he can impact their offense in a number of ways, Chris Fedor of the Cleveland Plain Dealer writes. His passing ability, in particular, can diversify their attack. “He’s going to be an extremely integral piece for us throughout the season and his willingness to share the ball and then also be able to get his own shot when he wants it is extremely important,” Cavaliers summer league coach J.J. Outlaw said. “But as you can see his teammates trusted that he would deliver the ball on time, on target when they would cut and they just kept cutting.”

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