Month: November 2024

Mavericks Sign Luka Doncic To Five-Year, Max-Salary Extension

AUGUST 10: The extension is now official, according to the team (Twitter link).


AUGUST 9: The Mavs and Doncic are in formal agreement on their five-year, maximum-salary extension, agent Bill Duffy tells Adrian Wojnarowski of ESPN. The team sent a contingent to Slovenia this week to officially complete the deal and will hold a news conference on Tuesday morning to announce it.

As we detailed earlier today, Doncic’s extension projects to be worth slightly over $207MM based on the NBA’s $119MM cap projection for 2022/23. The deal will include a fifth-year player option, Wojnarowski adds (via Twitter).

“Today is a dream come true,” Doncic said in a statement, per Woj (Twitter link). “I am humbled and excited to remain in Dallas as part of the Mavericks and appreciate the support of my fans.”


AUGUST 2: The Mavericks are ready to give star guard Luka Doncic a five-year, maximum-salary extension, tweets veteran NBA reporter Marc Stein. The deal projects to be worth $207.06MM.

However, no formal talks will take place until after Doncic is finished with the Olympics this week. His Slovenian team is in the medal round after breezing to three victories in preliminary games.

Doncic, 22, has emerged as one of the NBA’s top players after three seasons in the league. He averaged 27.7 points, 8.0 rebounds and 8.6 assists in 66 games this year, earning first-team All-NBA honors for the second straight season.

Doncic was named Rookie of the Year in 2019 and is a two-time All-Star. He was highly decorated before coming to the NBA, winning MVP and Final Four MVP awards in the EuroLeague in 2018.

Doncic’s extension, which would have a starting salary worth 30% of the cap, would take effect in the 2022/23 season and would keep him under contract through the summer of 2027.

Photo courtesy of USA Today Sports Images.

Pistons Re-Sign RFA Frank Jackson

AUGUST 10: Jackson has officially re-signed with the Pistons, according to NBA.com’s transactions log. The two-year deal is worth $6.2MM with a second-year team option, per Michael Scotto of HoopsHype (Twitter link).


AUGUST 9: The Pistons will be bringing back restricted free agent point guard Frank Jackson, reports Adrian Wojnarowski of ESPN (via Twitter). Jackson is set to return on a two-year contract, per Wojnarowski. The financial terms of the deal have yet to be reported.

Jackson carved out minutes on Detroit during last year’s lottery-bound season. The reserve point guard, 23, had a career-best NBA season during his first year with Detroit. In 40 games, he averaged 9.8 PPG, 2.2 RPG, and 0.9 APG across 18.5 MPG. Jackson sported a shooting line of .457/.407/.813.

Selected with the No. 31 pick in the 2017 draft out of Duke, Jackson missed the entire 2017/18 NBA season following two foot surgeries. He spent his first NBA two healthy seasons, 2018/19 and 2019/20, in New Orleans.

After the Pelicans opted not to issue Jackson a qualifying offer in 2020, Jackson became an unrestricted free agent. Following a dalliance with the Thunder, Jackson then joined the Pistons on a two-way contract for the 2020/21 season.

Goran Dragic Apologizes For Comments On Trade To Raptors

Veteran point guard Goran Dragic, who was traded from the Heat to the Raptors in the Kyle Lowry sign-and-trade deal last week, apologized on Monday for comments he made in his home country of Slovenia about the trade, writes Michael Grange of Sportsnet.ca.

A clip that surfaced on Twitter on Monday of Dragic speaking to Slovenian reporters was accompanied by the English caption, “Toronto is not my preferred destination. I have higher ambitions.” While there was some uncertainty about whether something may have been lost in translation, Dragic didn’t claim he was misquoted. He did tell Grange, however, that the context of the quote was missing.

“I was in the center of the city and the journalists were there and I was asked about Toronto and it was basically taken out of context,” Dragic said. “I told them that I had spent seven years in Miami and that would be the preferred destination for me because my family is there and everything, not Toronto.”

Dragic, who is on an expiring $19.5MM contract, was always expected to be part of the Raptors’ return for Lowry after the Heat picked up his team option, but there was speculation for much of last week that he might be flipped to a third team. The Mavericks were frequently mentioned as a potential destination, since Dallas had been on the lookout for a point guard in free agency and joining the Mavs would give Dragic the opportunity to team up with fellow Slovenian Luka Doncic.

It’s still possible Dragic will be moved to the Mavs or another team at some point, but no deal appears imminent, and he told Grange he’s prepared to spend the 2021/22 season in Toronto.

“My message basically, to all Toronto fans, is I would like to apologize,” Dragic said. “It didn’t come out the right way. I know they love their team, and they should be proud, it is one of the best organizations in the NBA. They’ve already won a championship and I didn’t, so what I said, it really was not appropriate.

“… I’ve always been professional. You can ask a bunch of people. Everywhere I’ve played, wherever I’m going to play, I’m going to be professional and do my job,” he continued. “I love basketball, I love to play and I’m going to give 100% wherever I play. Right now I’m (with) Toronto and that’s my main thing to think about.”

Asked during an appearance on 590 The Fan in Toronto about Dragic, Raptors general manager Bobby Webster cautioned that the 35-year-old’s comments were translated to English and he’d want to “get it directly” from the point guard to understand what he meant, Grange writes. Webster also stressed that the Raptors aren’t a rebuilding team looking to jettison veterans.

“We feel like we’re gonna be competitive, we have a core — as we’ve talked about — that’s been around for a while and has won at the highest level as well,” Webster said. “So think that we’ll just give it some time here to see how (Dragic) would fit in and if he likes it here or not. I think he’s a pro and he’s been around a lot and he’s obviously entitled to wanting to make the most of his years as his career comes down here … so I don’t think it’s in any way a slight or anything like that.”

The Lowry sign-and-trade was officially completed on Friday, so it can no longer be expanded to include a third team, but Dragic could be flipped to a new team immediately as long as his salary isn’t aggregated with another player’s in the deal.

Southeast Notes: Butler, Thor, Magic, Dinwiddie

After finalizing his new four-year, maximum contract extension over the weekend, All-NBA Heat swingman Jimmy Butler spoke about why he wanted to commit to Miami long-term, according to Anthony Chiang of the Miami Herald.

“They allow me to be me here, love who I am as a person and player,” Butler said of the Heat organization. “Love the guys I have an opportunity to hoop with. I think we’ll be a really good team. We’re consistently getting better, adding the right amount of vets to get over the hump and win a championship. It means everything to me to represent this great organization.”

Butler, who turns 32 in September, said that he wants to finish his career in Miami.

“It’s a place for me,” Butler said. “Teammates allow me to be me. When I’m wrong, they’re going to tell me I’m wrong. When I’m right they still probably tell me I’m wrong. I love them for that. Blessing to play with these guys and [head coach Erik Spoelstra] and [team president] Pat Riley.”

A four-time All-NBA selection, five-time All-Star, and five-time All-Defensive Team member while with the Bulls, Timberwolves and Heat (he did not earn any of these honors with his other NBA team, the Sixers), Butler showed no signs of slowing down during the 2020/21 regular season. He averaged 21.5 PPG on 49.7% shooting from the field and 86.3% from the free-throw line, as well as career-best averages of 7.1 APG, 6.9 RPG, and 2.1 SPG.

There’s more out of the Southeast Division:

  • Hornets rookie power forward JT Thor was signed to a four-year deal, with the first two seasons guaranteed, using some of Charlotte’s cap space, reports Bobby Marks of ESPN (Instagram video link). The 18-year-old big man was selected with the No. 37 pick out of Auburn in this year’s draft.
  • The young core of the rebuilding Magic – including rookie lottery picks Jalen Suggs and Franz Wagner, along with second-year point guard Cole Anthony – is exhibiting encouraging signs of development during NBA Summer League in Las Vegas, writes Dan Savage of Magic.com. “It’s about them developing camaraderie, and their ability to just tie together and move forward growing together,” new head coach Jamahl Mosley said of the Summer League squad. “Just continuing to build off each other and for each other.”
  • After having waived shooting guard Dwayne Bacon this weekend, the Magic project to have an open 15th roster spot, Josh Robbins of The Athletic tweets. Robbins anticipates Orlando will probably leave this final roster spot available in case an opportunity arises for the team to take on an unwanted contract – along with a draft pick – into its sizable trade exception.
  • New Wizards starting point guard Spencer Dinwiddie has several intriguing incentives in his three-year, $62MM deal with Washington, as Michael Scotto of HoopsHype details (Twitter link). Dinwiddie will earn a $1.5MM bonus if he plays in 50+ games, $100K if the Wizards win a first-round playoff series, $571K should the Wizards make the Eastern Conference Finals, and $400K if the Wizards qualify for the NBA Finals. As Bobby Marks of ESPN (Instagram video link) first reported, Dinwiddie would net a scant $1 bonus for winning the NBA Finals. Marks added in the same video that the partial guarantee on Dinwiddie’s 2023/24 salary will become fully guaranteed if he plays in 50+ games during the 2022/23 season.

Suns Sign Elfrid Payton To One-Year Deal

AUGUST 10: The Suns have officially signed Payton, the team announced today (via Twitter).


AUGUST 9: Payton and the Suns have agreed to terms on a one-year contract, per Shams Charania of The Athletic (via Twitter). Gambadoro (Twitter link) confirms that the deal is for a veteran’s minimum salary, as he previously reported.


AUGUST 5: The Suns are close to an agreement on a one-year contract with free agent guard Elfrid Payton, Alex Kennedy of Basketball News tweets.

Evan Sidery of Basketball News broke the news on the Suns’ negotiations with Payton (Twitter link), while John Gambadoro of Arizona Sports 98.7 confirms (via Twitter) that the club has made a one-year, minimum-salary offer.

If the contract is finalized, Payton would be signing up for a second stint with the organization. He played 18 games with Phoenix during the 2017/18 season.

Payton started 63 games with the Knicks this past season but his production declined after the All-Star break and he was benched during the first-round playoff series against Atlanta. Payton averaged 10.1 PPG and 3.2 APG in 23.6 MPG during the regular season.

The Western Conference champions have reached agreements with their top two point guards, Chris Paul and Cameron Payne, so Payton would slot in as a third-stringer behind that duo if the two sides finalize a deal.

Timberwolves Assistant Joseph Blair Departs For Wizards

Timberwolves assistant Joseph Blair, who was serving as the club’s Summer League head coach, has departed his post for an assistant position on Wes Unseld Jr.’s staff with the new-look Wizards, reports Fred Katz of The Athletic (Twitter link).

Jon Krawcyznski of The Athletic tweets that Blair will be replaced at the Las Vegas Summer League by Timberwolves assistant coach Jeff Newton, about to embark on his third season in Minnesota. Newton is officially an offensive associate coach and player development coach with the club.

Krawcyznski opines (Twitter link) that this late loss of Blair is a blow for Minnesota. Blair had been set to help revamp the team’s defense after former Timberwolves assistant David Vanterpool left head coach Chris Finch‘s staff for an opportunity with the Nets.

The Wizards, who were the No. 8 seed in the East during the 2020/21 season, have significantly revamped their roster over the summer.

The team traded point guard Russell Westbrook, wing Chandler Hutchison, and draft equity in an epic five-team deal that netted them point guard Spencer Dinwiddie plus valuable role players Kentavious Caldwell-Pope, Kyle Kuzma, and Montrezl Harrell, as well as an intriguing young reserve point guard in Aaron Holiday and the draft rights to rookie forward Isaiah Todd, the No. 31 selection out of the NBA G League Ignite.

Washington also re-signed reserve point guard Raul Neto and selected Gonzaga swingman Corey Kispert with the No. 15 pick in this year’s draft.

Mavs Add Sterling Brown, Re-Sign Boban Marjanović

AUGUST 9: The signings of both Brown and Marjanović are now official, per NBA.com’s transactions log. Marjanović’s new contract with Dallas is worth $7MM over two years, reports Michael Scotto of HoopsHype (Twitter link).


AUGUST 2: The Mavericks are set to make a pair of bench signings as free agency begins in earnest.

As had been rumored, the Mavericks are opting to bring back center Boban Marjanović this summer. Shams Charania of The Athletic tweets that Dallas will be re-signing the reserve big man.

Tim MacMahon of ESPN reports (via Twitter) that the 7’4″ Marjanović will be signed to a one-year deal with the Mavericks, his third full season with the team. Dallas initially signed the big man to a two-year, $7MM deal in the 2019 offseason. The club will thus have the 32-year-old’s full Bird rights next summer, following three full seasons of service.

Marjanović made a big impact in limited this season, averaging 4.7 PPG and 3.9 RPG in just 8.2 MPG across 33 contests.

Charania also reports (via Twitter) that the Mavericks will also be signing a new addition, free agent guard Sterling Brown. Brown, 26, was most recently a reserve contributor for another Texas club, the Rockets, for the duration of the 2020/21 season.

Brown averaged 8.2 PPG, 4.4 RPG, and 1.4 APG in 51 games for the rebuilding Rockets, with a solid shooting line of .448/.423/.806.

Brown’s agent Mark Bartelstein has indicated that the 6’5″ vet will sign a two-year, $6.2MM contract with the club, per Marc Stein of Substack (via Twitter). There is no word as to whether both seasons will be guaranteed in the deal.

Photo courtesy of USA Today Sports.

Marko Simonović To Suit Up For Bulls This Year

Power forward/center Marko Simonović has verified recent rumors that he will be joining the Bulls for the 2021/22 season, his first in the NBA, tweets Darnell Mayberry of The Athletic.

Along with forward Patrick Williams, Simonović was part of the first draft class selected by the Bulls’ then-new front office team of president Arturas Karnisovas and GM Marc Eversley. The 6’11” big man, most recently with the Serbian club KK Mega Basket of the Adriatic Basketball Association, was chosen with the No. 44 pick in 2020.

In 25 games for Mega Basket during the 2020/21 season, Simonović averaged 15.7 PPG, 9.1 RPG, 1.7 APG, and 1.0 SPG.

The 21-year-old’s shot diet indicates potential as a floor-spreading big man who will not fear contact inside, operating as a reserve for a new-look Chicago team heavy on versatile scorers and passers. Simonović connected on 47.3% of his field goal looks last season, including 34.9% of his 5.2 three-point attempts a game. He also converted 77.8% of his free-throw tries.

Chicago is reportedly using a chunk of its mid-level exception to sign Alex Caruso, but could save a portion of that MLE for Simonović’s deal.

Mavs Sign Tim Hardaway Jr. To Four-Year Deal

AUGUST 9: The Mavericks have officially re-signed Hardaway, the team announced today in a press release. Bartelstein tells Stein (Twitter link) that the total value of THJ’s four-year deal came in at $75MM.

Tim MacMahon of ESPN reports (via Twitter) that Hardaway’s new contract will decline in value across each of its four seasons. Hardaway will earn $21.3MM during the first year of the agreement, 2021/22, and that number will eventually dip to $16.2MM for Hardaway’s age-32 season, 2024/25.


AUGUST 2: The Mavericks and their top free agent, guard Tim Hardaway Jr., have agreed to a four-year, $72MM contract, Shams Charania of The Athletic tweets.

Agent Mark Bartelstein tells ESPN’s Adrian Wojnarowski (Twitter link) that the actual value is $74MM, so we may have to wait to see the official terms once it’s finalized. Marc Stein of Substack (Twitter link) first reported that the Mavs were expected to re-sign the veteran wing.

Hardaway is one of the top unrestricted free agents on the market and Dallas prioritized bringing back one of its primary offensive threats.

Hardaway, 29, averaged 16.6 PPG, 3.3 RPG and 1.8 APG last season while shooting 39.1% from the field. He also excelled in the postseason, then said after the season he was hoping he could work out a deal with his current club.

“If you were to talk to anybody in this organization and anybody that’s around me, they will definitely say that I love it here,” Hardaway said.

Hardaway’s four-year, $71MM deal he signed with the Knicks in 2017 expired at the end of the season.

Kings Notes: Holmes, Davis, O’Neal, McNair

When word of Richaun Holmes‘ new four-year contract agreement with the Kings first broke last week, his agency told Shams Charania of The Athletic that the deal was worth $55MM. That raised some eyebrows among cap experts, since that amount was significantly higher than what Sacramento could have realistically given Holmes using his Early Bird rights and the team didn’t have cap room available to get up to that number.

As it turns out, the $55MM figure was indeed a case of some very generous “rounding.” As Keith Smith of Spotrac confirms (via Twitter), the Kings gave Holmes the maximum they could using his Early Bird rights, which works out to about $46.52MM.

As we learned last week, the final year of the deal is a player option and it includes a 15% trade kicker. That trade bonus would increase Holmes’ earnings over the next four years if the Kings move him at some point, but even if they were to trade him as soon as he becomes eligible this season, he’d still fall short of $55MM.

Here’s more on the Kings:

  • Terence Davis‘ new two-year, $8MM deal with the Kings has fully guaranteed cap hits of $4MM in each season, with no options, tweets Smith.
  • Shaquille O’Neal has been named a brand ambassador for WynnBET and, as a result, will have to divest himself of his small ownership stake in the Kings, tweets Joe Pompliano of ReadHuddleUp.com. In his breakdown of the situation, James Ham of NBC Sports Bay Area says it’s possible O’Neal is part of the group of investors reported last month to be selling their 5% stake in the franchise to Dyal Capital.
  • In case you missed it, a report this morning suggested that Kings GM Monte McNair may be feeling some pressure to make a major addition to the roster, with Ben Simmons and Pascal Siakam among the players on his radar.