Month: November 2024

Warriors RFA Nico Mannion Signs With Italian Team

2:30pm: Mannion’s deal with Virtus Bologna covers two seasons, but has an NBA out clause after year one, tweets Carchia.


11:52pm: Warriors point guard Nico Mannion has agreed to a deal with Virtus Bologna in Italy, tweets Jordan Schultz of ESPN. The agreement was confirmed by Mannion’s agent, Bill Duffy. The team also sent out a press release announcing the deal.

Mannion, who was born in Tuscany, signed a two-way contract with the Warriors last November after being selected with the 48th pick in the 2020 draft. He saw limited playing time as a rookie, appearing in 30 games and averaging 4.5 points, 1.5 rebounds and 2.3 assists per night.

The 20-year-old was a restricted free agent after receiving a qualifying offer from Golden State last month. If Mannion ever returns to the NBA, the Warriors will keep his RFA rights, which allow them to match any offer. Mannion’s QO was the equivalent of another two-way deal and would remain the same if he comes back to the NBA. However, Golden State – and other teams – would be permitted to offer him a more lucrative standard contract.

The Italian team’s interest in Mannion was first reported by Emiliano Carchia of Sportando. According to Carchia, the initial target for Virtus Bologna was Chris Chiozza, who will sign a two-way contract with the Warriors.

Northwest Notes: Conley, Jazz, Collison, Thunder, Wolves

Now that Mike Conley‘s contract situation is worked out, he’s focused on helping the Jazz win a championship, writes John Coon of The Associated Press. Conley received interest from multiple teams before agreeing to a three-year, $68MM contract to stay in Utah.

“Last year had a disappointing end to it,” he said. “But all the strides we’ve made along the way allow us to come into this season still chasing that championship — that ultimate goal. And it’s something that’s truly attainable. Something we can grasp. We’re right there. We’re knocking on the door.”

Conley also addressed the hamstring issue that caused him to miss five of the six games in the second-round series with the Clippers, saying he’s making progress toward a full recovery.

There’s more from the Northwest Division:

  • The Jazz haven’t historically been a popular destination for free agents, but that may be changing after the team’s success last season, per Sarah Todd of The Deseret News. In addition to keeping Conley, Utah was able to sign veteran free agents Rudy Gay and Hassan Whiteside. “A lot of really, really good teams were coming after me and wanted me to be there but I think this team was the team that had the most need for what I can do,” Gay said in his introductory press conference. “The culture, the ownership group is great, coach Quin (Snyder) is great. They really sold me on it.”
  • The Thunder announced in a press release on Tuesday that Nick Collison has been hired to the team’s front office, having been named a special assistant to general manager Sam Presti. According to Joe Mussatto of The Oklahoman (Twitter link), Eric Maynor is also moving from the OKC Blue staff to the Thunder as a player development coach, while Anthony Morrow has been hired as a lifestyle services and engagement associate.
  • The $27.5MM+ trade exception the Thunder created in last fall’s Steven Adams trade has now expired. As Bobby Marks of ESPN (Instagram video) observes, it’s not a big loss for Oklahoma City, since the team can still create up to $32MM in cap room by renouncing the rest of its exceptions if it so chooses.
  • Incoming Timberwolves owners Alex Rodriguez and Marc Lore continue to do the media rounds, speaking to Jon Krawczynski of The Athletic about how their partnership with Glen Taylor will work for the next couple years, and talking to Shams Charania of Stadium (video link) about their commitment to Minnesota.

Luke Adams contributed to this post.

Pacific Notes: Warriors, Armstrong, Paul, Anthony

A $659K contract guarantee kicks in Wednesday for Gary Payton II, which may affect the Warriors‘ decision to keep him on the roster, writes Anthony Slater of The Athletic. There’s an expectation that Golden State will release Payton with the hope of re-signing him if he clears waivers, Slater adds. That would give him a chance to win a roster spot in camp on a non-guaranteed deal.

Payton finished last season with the Warriors, appearing in 10 games after signing a pair of 10-day contracts in April. Slater points out that the team could use a defensive specialist like Payton to make up for the losses of Kelly Oubre and Kent Bazemore.

Golden State’s roster will be nearly set heading into camp, Slater notes. Thirteen players have guaranteed contracts and a large part of Damion Lee‘s deal will become guaranteed if he remains with the team through August 15, which is expected. Payton may wind up competing for the final roster spot with Mychal Mulder, whose contract is non-guaranteed. A source told Slater that the Warriors are “still monitoring” the free agent market in hopes of adding another veteran.

There’s more from the Pacific Division:

  • Former NBA center Hilton Armstrong has joined the Warriors‘ coaching staff, Slater adds. He will work in the video department and has been involved with the Summer League team in Sacramento and Las Vegas.
  • Suns guard Chris Paul should be healed in plenty of time for training camp after having surgery on his left wrist after the NBA Finals, according to Duane Rankin of The Arizona Republic“For Chris, it was something minor,” general manager James Jones said in an ESPN interview. “He’ll be ready in a couple of weeks to get back out on the court with these guys as we start to try to get back after this short offseason.”  
  • Carmelo Anthony is thrilled to finally team up with his long-time friend LeBron James on the Lakers, per Mark Medina of USA Today. They have both been in the league for 18 years, but are teammates for the first time after Anthony agreed to a one-year contract with L.A. “Most people would say you should’ve gotten together years ago or earlier in our careers. But we were in two different lanes,” Anthony said. “We were in two different paths. Everything comes full circle.”

Fischer’s Latest: Markkanen, DeRozan, Hield, Hart, Suns, More

The Pelicans, Mavericks, Celtics, and Timberwolves are among the teams that have shown interest in Bulls restricted free agent Lauri Markkanen, according to Jake Fischer of Bleacher Report, who hears from sources that the price tag on the power forward would be about $15MM per year.

Landing Markkanen would be a challenge for any of those teams, however, as they’re all over the cap and would have to acquire the RFA forward via sign-and-trade. New Orleans has a traded player exception big enough to fit Markkanen, but the other teams would likely to have rely on salary-matching or offer him a lower salary (Dallas has a TPE worth $10.872MM, while Boston has one worth $9.72MM). Acquiring a player via sign-and-trade also results in a hard cap, which the Celtics are reportedly resisting.

On top of all that, Fischer confirms a previous report that the Bulls are seeking a first-round pick to accommodate a Markkanen sign-and-trade and don’t want to take on any salary, preferring any contracts to be rerouted to a third team. If they maintain that stance, the Bulls would make it very difficult for Markkanen to do anything but accept his $9MM qualifying offer.

“Chicago is playing this masterfully from no other perspective than a contract management standpoint,” a team capologist told Fischer. “It won’t do any favors relationship-wise, but they’re bleeding his market based on their tax situation, and nobody else can offer him any kind of money without them.”

As we wait to see what happens with Markkanen, it’s worth noting that the Hornets – previously rumored to be eyeing the forward – weren’t listed by Fischer as one of the teams in the hunt, and president of basketball operations Mitch Kupchak told reporters today that the team is likely done with its “heavy lifting” this offseason (Twitter link via Rod Boone of SI.com).

Here’s more from Fischer:

  • The Sixers, Suns, Trail Blazers, Warriors, Celtics, and Knicks were among the teams that expressed interest in DeMar DeRozan before he reached a deal with the Bulls, per Fischer. However, New York agreed to sign Evan Fournier and most of the other teams would’ve had to figure out complicated sign-and-trade arrangements to accommodate DeRozan, who never really entertained the idea of signing for the mid-level exception, sources tell Fischer.
  • The Pelicans and Kings discussed the possibility of swapping Buddy Hield and Josh Hart (via sign-and-trade) as part of New Orleans’ trade with Memphis, Fischer writes. It’s unclear if anything along those lines is still being considered now that the Pelicans’ deal with the Grizzlies has been completed — base year compensation rules would complicate a one-for-one swap.
  • The Suns are weighing their options for their final open roster spot and have gauged the trade value of 2020 lottery pick Jalen Smith, sources tell Fischer.
  • The Raptors will meet with Goran Dragic‘s camp at Summer League in Las Vegas to further discuss the point guard’s situation, according to Fischer.
  • Zach LaVine has told Bulls staffers he’s committed to improving defensively next season, Fischer says.

Hawks Sign Johnny Hamilton To Exhibit 10 Deal

11:04am: It’s an Exhibit 10 contract for Hamilton, according to Chris Kirschner of The Athletic, whose tweet indicates that the signing is finalized.


2:26am: The Hawks have agreed to a one-year deal with 27-year-old center Johnny Hamilton, per Emiliano Carchia of Sportando. Terms of the contract have yet to be disclosed.

The seven-footer most recently suited up for both EuroLeague club Fenerbahçe and Adriatic Basketball Association club KK Mornar Bar during the 2020/21 season.

After going undrafted out of UT Arlington in 2018, Hamilton played for the Pistons’ then-G League affiliate, the Grand Rapids Drive, for the 2018/19 season. Hamilton averaged 11.2 PPG, 8.7 RPG and 2.4 BPG across 49 games with Grand Rapids.

Following his tenure in the G League, Hamilton next traveled overseas. He first played with Turkish Basketball Super League club Darüşşafaka during the 2019/20 season before joining Fenerbahçe in 2020.

Wizards Sign Isaiah Todd To Four-Year Deal

AUGUST 11: Todd’s deal is now official, according to NBA.com’s transactions log.


AUGUST 10: The Wizards have reached an agreement with No. 31 overall pick Isaiah Todd on a four-year contract, agents Wallace Prather and Steve Haney tell Shams Charania of The Athletic (Twitter link). According to Charania, Todd’s four-year deal will be worth $7MM and will include three guaranteed seasons.

As our chart of multiyear minimum-salary contract values shows, a four-year minimum deal for a rookie would be worth about $6.3MM, so it sounds like Todd’s first-year salary will be higher than the minimum. Washington will complete the signing using a portion of the team’s mid-level exception, which allows the club to offer up to four years.

[RELATED: 2021 NBA Draft Pick Signings]

Todd, 19, was one of the prospects who opted to join the G League Ignite for the 2020/21 season rather than playing for a college program or going overseas. While he was overshadowed to some extent by teammates Jalen Green and Jonathan Kuminga, Todd posted solid numbers in his first professional season, averaging 12.3 PPG and 4.9 RPG on .437/.362/.824 shooting in 25 games (24.4 MPG).

The 6’10” forward, who was the first player drafted in the second round, was technically selected by the Bucks on draft night on behalf of the Wizards. Milwaukee traded his rights to the Pacers, who subsequently flipped them to Washington in the five-team Russell Westbrook/Spencer Dinwiddie trade.

Grizzlies Sign Yves Pons

As expected, the Grizzlies have officially signed undrafted rookie free agent Yves Pons, the team announced today in a press release.

Pons – the 19th-best available undrafted rookie, according to ESPN’s list – is a 6’6″ wing who earned SEC Defensive Player of the Year honors in 2019/20. After becoming a full-time starter for Tennessee as a junior, Pons averaged 9.9 PPG and 5.3 RPG in 57 games (31.4 MPG).

Word broke shortly after the July 29 draft ended that Pons had reached a deal to join the Grizzlies. While terms of the agreement weren’t disclosed by the team, it’ll be an Exhibit 10 deal, per Chris Herrington of The Daily Memphian (Twitter link).

An Exhibit 10 contract can be converted a standard or two-way deal prior to the regular season if the Grizzlies want to keep Pons on their roster. If he’s cut, he’d be a candidate to end up with the Memphis Hustle, the Grizzlies’ G League team, as an affiliate player.

Celtics Have Made Offer To Dennis Schröder

The Celtics, who were reported last week to be in discussions with Dennis Schröder, have made a contract offer to the free agent point guard, league sources tell Jordan Schultz of ESPN (via Twitter).

According to Schultz, the Celtics’ offer to Schröder is a one-year deal worth the taxpayer mid-level exception (approximately $5.9MM). However, Schröder is seeking a second-year player option and a deal worth the full mid-level exception (about $9.5MM), per Schultz.

[RELATED: Values Of 2021/22 Mid-Level, Bi-Annual Exceptions]

Going above the taxpayer portion of the MLE would hard-cap the Celtics, which the team wants to avoid, Schultz notes. There have also been reports that Boston wants to create as much cap flexibility as possible in 2022, which may make the club reluctant to tack on a second-year player option for Schröder.

Despite the current impasse, there’s reason to believe the Celtics and Schröder could be a good match. Boston has been in the market for a new point guard after having traded Kemba Walker to Oklahoma City in June, and opportunities around the league are drying up for Schröder, who was viewed as one of the top point guards on the market entering free agency. A short-term deal that gives the Celtics another backcourt play-maker and scorer and gives the 27-year-old a chance to rebuild his value could benefit both sides.

According to Jake Fischer of Bleacher Report, the Celtics are exploring possible trades involving Kris Dunn and/or Bruno Fernando before “concluding” their conversations with Schröder. If Boston could shed salary in a deal involving Dunn and Fernando and create more breathing room below a potential hard cap, perhaps the team would be more willing to go above the taxpayer mid-level for Schröder.

Rockets First-Rounder Garuba Reaches Buyout Agreement With Real Madrid

Spanish big man Usman Garuba has reached a buyout agreement with Real Madrid that will allow him to get out of his contract with the Spanish club and join the Rockets for the 2021/22 season, according to a report from Jose Luis Martinez of Marca.com (hat tip to Sportando).

As we relayed last month, Garuba’s NBA buyout clause with Real Madrid was said to be worth three million Euros and would have become even more expensive in future years.

An NBA team can contribute to a player’s buyout with his international club, but only up to $775K (approximately €655K). That meant that if Garuba wanted to make the leap to the NBA right away after being selected with the No. 23 pick in the 2021 draft, most of the buyout would have to come out of his own pocket.

According to Martinez, Garuba and Real Madrid – who had the big man under contract through at least 2024 – agreed to a deal that will allow him to pay off the rest of his buyout in installments.

Garuba, 19, has been a member of Real Madrid since 2017 and was a regular part of the team’s rotation in 2020/21. He was named the ACB Best Young Player and also received the EuroLeague Rising Star award, then missed the 2021 draft because he was representing Spain at the Tokyo Olympics.

Assuming Garuba plays out his full rookie scale contract with the Rockets, he’ll ultimately come out ahead despite having to send a sizable chunk of his salary back to Real Madrid. As our breakdown shows, he projects to earn about $11.8MM over the course of the four-year NBA deal.

Once they officially sign Garuba, the Rockets will have all four of their first-round picks under contract. Jalen Green (No. 2), Alperen Sengun (No. 16), and Josh Christopher (No. 24) have already signed.

Atlantic Notes: McBride, Brown, Siakam, Achiuwa

The contract that rookie point guard Miles McBride signed with the Knicks covers three years, according to Bobby Marks of ESPN (Instagram video link). Marks reports that the first two seasons in the deal are guaranteed, while the third is a team option. The team used cap room to complete the signing.

McBride, 20, was selected with the No. 36 pick out of West Virginia. The 6’2″ guard was named to the All-Big 12 Second Team for the 2020/21 season, his sophomore year. During his final collegiate season, McBridge averaged 15.9 PPG, 4.8 APG, and 3.9 RPG, on a .431/.414/.813 shooting line.

There’s more out of the Atlantic Division:

  • Do-everything Nets guard Bruce Brown drew outside interest as a free agent but said that he always knew he wanted to remain in Brooklyn, according to Brian Lewis of the New York Post (Twitter link). Brown, 24, opted to accept a one-year, $4.7MM qualifying offer from the Nets, and will be an unrestricted free agent next season. “I really didn’t pay it any mind, honestly,” Brown said of the decision to remain in Brooklyn, per Tom Dowd of BrooklynNets.com. “I thought everything would take care of itself. I really was just working out the whole time, and then when free agency started, I actually was on the plane back to New York. So I didn’t really talk to anybody until I landed. I’m just happy to be back. It’s a great fit. I didn’t want to go anywhere else.”
  • Appearing on Sportsnet 590 The Fan in Toronto, Raptors general manager Bobby Webster downplayed ongoing rumblings about a potential impending Pascal Siakam trade. “Teams call on our players and we call on other teams’ players,” Webster said, per Steven Loung of Sportsnet (Twitter link).
  • New Raptors big man Precious Achiuwa, acquired as part of the sign-and-trade that sent point guard Kyle Lowry to the Heat, is excited to contribute however he can to a winning culture with Toronto, writes Neil Davidson of The Toronto Star“Rebounding,” Achiuwa said, explaining what he brings to the team. “Guarding multiple positions. Creating offense for my teammates with screens, pick-and-rolls. Passing the ball. Just whatever it takes to win basketball games. Getting loose balls… For me, it’s all about winning.” During his rookie season in Miami, Achiuwa averaged 5.0 PPG and 3.4 RPG in 12.1 MPG after being selected 20th overall in the 2020 draft.