2021 | Hoops Rumors

Magic Sign Mychal Mulder To Two-Way Deal

October 26th, 2021 at 12:00pm CST by Arthur Hill

Former Warriors guard Mychal Mulder has signed a two-way contract with the Magic, the team announced (via Twitter).

The 27-year-old played 60 games for Golden State last season, averaging 5.6 points and 1.0 rebounds with a .397 3PT% in 12.8 minutes per night. He remained with the Warriors through the preseason, but was waived in the team’s final round of cuts.

Mulder spent three seasons in the G League after going undrafted out of Kentucky in 2017. He signed a 10-day contract with Golden State in February of 2020 and played well enough to earn a multiyear deal.

The signing gives the Magic a full roster, with 15 standard contracts and both two-way slots filled. They had been the only team in the league with a two-way opening, so all 60 spots are now occupied.

2021 NBA Offseason In Review: New York Knicks

October 26th, 2021 at 11:32am CST by Luke Adams

Hoops Rumors is breaking down the 2021 offseason for all 30 NBA teams, revisiting the summer’s free agent signings, trades, draft picks, departures, and more. We’ll evaluate each team’s offseason moves and look ahead to what the 2021/22 season holds for all 30 franchises. Today, we’re focusing on the New York Knicks.

Free agent signings:

Note: Exhibit 9 and 10 deals aren’t included here.

Evan Fournier: Four years, $73MM. Fourth-year team option. Acquired via sign-and-trade.
Derrick Rose: Three years, $43.56MM. Third-year team option. Re-signed using Early Bird rights.
Alec Burks: Three years, $30.04MM. Third-year team option. Re-signed using cap room.
Nerlens Noel: Three years, $27.72MM. Third-year team option. Re-signed using cap room.
Kemba Walker: Two years, $17.89MM. Signed using cap room.
Taj Gibson: Two years, $10.07MM. Second year non-guaranteed. Re-signed using room exception.
Wayne Selden: One year, minimum salary. Non-guaranteed. Signed using minimum salary exception.
Luka Samanic: Two-way contract.

Trades:

Acquired the draft rights to Rokas Jokubaitis (No. 34 pick) and the draft rights to Miles McBride (No. 36 pick) from the Thunder in exchange for the draft rights to Jeremiah Robinson-Earl (No. 32 pick).
Acquired the draft rights to Quentin Grimes (No. 25 pick) and the Pistons’ 2024 second-round pick from the Clippers in exchange for the draft rights to Keon Johnson (No. 21 pick).
Acquired the Hornets’ 2022 first-round pick (top-18 protected) from the Hornets in exchange for the draft rights to Kai Jones (No. 19 pick).
Acquired Evan Fournier (sign-and-trade), the Hornets’ 2022 second-round pick (top-55 protected), and either the Thunder’s, Wizards’, Heat’s, or Mavericks’ 2023 second-round pick (whichever is least favorable) from the Celtics in exchange for cash ($110K).
- Note: If either the Heat’s or Mavericks’ 2023 second-round pick is the least favorable of the four, the Knicks would instead receive the second-least favorable pick of the four.

Draft picks:

1-25: Quentin Grimes
- Signed to rookie scale contract (four years, $11,128,042).
2-34: Rokas Jokubaitis
- Stashed overseas.
2-36: Miles McBride
- Signed to three-year, minimum-salary contract. Third-year team option. Signed using cap room.
2-58: Jericho Sims
- Signed to two-year, two-way contract.

Contract extensions:

Julius Randle: Four years, $106,444,800 (base value). Includes $15,966,720 in incentives, a fourth-year player option, and a 15% trade kicker. Starts in 2022/23.

Departing players:

Other offseason news:

Signed general manager Scott Perry to two-year contract extension.

Salary cap situation:

Went under the cap, used their cap room, then used the room exception.
Carrying approximately $119.1MM in salary.
Hard-capped at $143MM.

The Knicks’ offseason:

Armed with more cap flexibility than just about every other team in the NBA entering the 2021 offseason, the Knicks could’ve gone in a number of different directions in free agency and on the trade market.

Although New York hadn’t been the most desirable destination for top-tier free agents over the last several years, the team earned a playoff berth last season and its new-look front office and coaching staff helped established some stability within the organization. If the Knicks had wanted to go out and chase impact free agents, those players were probably more inclined to listen to the club’s pitch than they would have been in past years.

Rather than shaking up their roster too significantly though, the Knicks doubled down on the core that led the turnaround in 2020/21.

That meant Alec Burks and Nerlens Noel, who signed team-friendly one-year deals in 2020, got three-year contracts and sizable raises. Derrick Rose, a midseason trade acquisition who was a key part of New York’s second-half push into the postseason, also received a three-year deal and a pay bump. Even Taj Gibson, who helped solidify the frontcourt during Mitchell Robinson‘s injury absence, was rewarded with a salary increase — after Gibson initially agreed to a minimum-salary contract, the Knicks decided to give him $5MM per year with their room exception that may have otherwise gone unused.

In addition to re-signing their own free agents, the Knicks made a long-term commitment to Julius Randle, offering the most money they could over four years ($106MM, or up to $122MM with incentives) following his breakout season. Some of the gains Randle made in 2020/21 – such as his .411 3PT% – may be unsustainable, but the extension was still a win for New York. The 26-year-old could easily have decided to wait a year and try his luck in free agency, where he would’ve been eligible for a much larger payday. The Knicks were able to lock him up at a rate more commensurate with a No. 2 option than a maximum-salary star.

Not every one of the team’s key players returned. Reggie Bullock, a three-and-D specialist who played more minutes last season than every Knick except for Randle and RJ Barrett in ’20/21, chose the Mavericks in free agency. New York had plenty of cap room to replace him though, and after considering other wings like DeMar DeRozan, the front office brought in Evan Fournier, whose four-year, $73MM contract was the biggest free agent deal handed out by the organization this summer. Fournier isn’t the defender Bullock is, but he has a more well-rounded offensive game.

Finally, there had been speculation entering the summer that the Knicks would make a run at a free agent like Spencer Dinwiddie or Lonzo Ball to address the point guard position, which was viewed as their most glaring need. New York did turn to free agency to fill its hole at the point, but the choice was an unexpected one — after being traded from Boston to Oklahoma City, Kemba Walker reached a buyout agreement with the Thunder that allowed him to sign with his hometown Knicks.

It was a fortuitous turn of events for the team. Walker has a history of knee issues that could be a problem, but when he’s healthy and at his best, he’s an All-Star caliber player who was available at a bargain price due to the circumstances of his availability and his desire to play in New York. Walker is a defensive downgrade from Elfrid Payton, and relying on Kemba and Rose as the top two point guards on the depth chart is a risky endeavor. But as long as he’s available, Walker will provide a major influx of offensive firepower.

Besides having plenty of cap room, the Knicks entered the offseason with four 2021 draft picks, including two in the first round and three in the top 32. The team made multiple draft-night deals to move down from their original slots, picking up a couple future picks in the process, but still came away with four players — two (Quentin Grimes and Miles McBride) who made the 15-man roster, one (Jericho Sims) on a two-way deal, and one (Rokas Jokubaitis) who will remain overseas for at least another year. Given the amount of veteran depth the Knicks are carrying, I wouldn’t expect them to count on any of their rookies to play big roles right away.

The Knicks still have a surplus of future draft picks they could use to go shopping on the trade market at some point, but this offseason essentially represented the end of their rebuilding era. The years they spent hoarding cap room and drafting in the top 10 are over for the time being — while most of the contracts the Knicks handed out this offseason have early outs (via non-guaranteed final seasons), the team will be operating well over the cap in 2022.

The Knicks’ season:

After finishing no better than 18 games below .500 for six straight seasons, the Knicks posted a 41-31 record and claimed the No. 4 seed in the Eastern Conference in 2020/21. That kind of massive jump is a rarity in the NBA, and it’s fair to expect some regression going forward.

Still, even if the Knicks take a step back, it shouldn’t be a big one. Tom Thibodeau‘s impact is real, there’s plenty of depth on the roster, and Barrett should keep getting better. Plus, it’s not as if everything went right last season — Robinson missed more than half the season, and Rose only arrived midway through the year. It’s overly optimistic to count on 82 games from Rose, but if he and Robinson play more minutes in 2021/22, it should only increase the club’s ceiling.

Competition in the Eastern Conference will be stiffer going forward than it was last season, when presumed contenders like the Celtics, Heat, Raptors, and Pacers all fell well short of expectations. Another top-four finish may be unlikely, but the Knicks have more than enough talent to remain firmly in the playoff mix.

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

And-Ones: USA Basketball, Scariolo, OTE, 2022 Draft

October 26th, 2021 at 10:31am CST by Luke Adams

Martin E. Dempsey has been reelected as the USA Basketball chairperson for 2021-24, the program announced on Monday in a press release. Dempsey, a retired U.S. General, was first named to the role in 2016.

USA Basketball also expanded its Board of Directors from 11 individuals to 15. Kevin Durant, Harrison Barnes, Sue Bird, and NBA deputy commissioner Mark Tatum are among the most notable members of the board. The board of directors is responsible for overseeing the program and making major USA Basketball decisions, such as naming Grant Hill the managing director of the national men’s team.

We’re still waiting on Hill to announce who will replace Gregg Popovich as the Team USA men’s coach for the next four-year cycle, which will include the 2023 FIBA World Cup and the 2024 Olympics. Steve Kerr is rumored to be the frontrunner.

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

In an interesting interview with Donatas Urbonas of BasketNews.com, former Raptors assistant and current Virtus Bologna head coach Sergio Scariolo spoke about the challenges that European coaches face when trying to get high-level opportunities in the NBA. “I don’t recall many European coaches being there, which is something to think over,” Scariolo said. “‘We want you here, we want you to help, but we’re extremely cautious in giving front-of-the-bench responsibilities to European coaches.'”
Scouts came away from Overtime Elite’s Pro Day impressed by how the new developmental program is operating, according to John Hollinger of The Athletic, who says it’s clearly being run professionally and the level of investment is “substantial.” Among OTE’s prospects, 2022 draft-eligible forward Kok Yat was a standout during the Pro Day scrimmages and figures to show up on more experts’ top-100 lists going forward, Hollinger says.
Sam Vecenie of The Athletic and Jonathan Wasserman of Bleacher Report recently released updated versions of their NBA mock drafts for 2022. Vecenie has Duke freshman Paolo Banchero as his No. 1 pick, while Gonzaga freshman Chet Holmgren is atop Wasserman’s mock.

Nets’ Zegarowski, Gray Sign G League Contracts

October 26th, 2021 at 9:20am CST by Luke Adams

Nets 2021 second-round picks Marcus Zegarowski and RaiQuan Gray are among the players on the training camp roster announced on Monday by the Long Island Nets – Brooklyn’s G League affiliate – for the 2021/22 G League season.

Zegarowski (this year’s No. 49 pick) and Gray (No. 59) were the only two 2021 draftees who hadn’t either signed an NBA contract or headed overseas for their rookie seasons, so our assumption had been that they would sign G League contracts and report to Long Island. The team’s announcement this week confirms that’s the case.

The “draft rights player” rule allows a G League club to add a player who was drafted by its parent NBA team, assuming that player signs an NBAGL contract. If a player takes that path, his NBA rights are retained by the team that drafted him, as if he were a draft-and-stash prospect.

In other words, Brooklyn could sign Zegarowski or Gray to a standard or two-way contract at some point down the road, but no other NBA team would be able to do so unless Brooklyn renounces their rights.

Taking the G League route has had mixed results for second-round picks in recent years. Isaiah Hartenstein earned an NBA contract with Houston in 2018 after playing for the Rockets’ G League affiliate as a rookie, and Kevin Hervey got a two-way deal with the Thunder in 2019 after spending a year in the NBAGL.

However, Jaron Blossomgame (Spurs), Justin Jackson (Magic), and Jaylen Hands (Nets) are among the recent draftees who never played an NBA game for the teams that drafted them after signing first-year G League contracts. While Blossomgame appeared in 27 games for Cleveland, Jackson and Hands still haven’t seen any action at the NBA level.

Chuma Okeke (Magic) and Vit Krejci (Thunder) got NBA contracts after signing G League deals as rookies, but both players were coming off major injuries and only started in the NBAGL for rehab purposes.

Quinn Cook Signs With Lokomotiv Kuban

October 26th, 2021 at 8:08am CST by Luke Adams

Veteran free agent guard Quinn Cook has signed a rest-of-season contract with Lokomotiv Kuban, the Russian team announced today in a press release.

Cook, 28, has appeared in 188 total NBA games since making his debut in 2017, spending time with the Mavericks, Pelicans, Warriors, Lakers, and Cavaliers. He won titles with Golden State and L.A., recording career averages of 6.4 PPG, 1.7 RPG, and 1.6 APG with a .461/.408/.795 shooting line in 14.1 minutes per contest.

The Trail Blazers signed Cook to a non-guaranteed contract prior to training camp and he competed for a regular season roster spot, but lost that battle to Dennis Smith Jr. Because Portland doesn’t have its own G League team, heading to the NBAGL as an affiliate player wasn’t an option for Cook. The 6’1″ guard could’ve still signed a G League contract and entered the player pool, but he opted to go overseas instead.

Cook will join a Lokomotiv Kuban roster that features a few other players with NBA experience, including big men Alan Williams and Johnathan Motley. The team is off to a 2-2 start in the VTB United League this season and is 1-0 in EuroCup play.

Lonnie Walker Motivated By Lack Of Extension

October 25th, 2021 at 9:50pm CST by Dana Gauruder

There were 11 players who signed rookie scale extensions prior to the opening-night deadline. The Spurs’ Lonnie Walker IV wasn’t one of them and that’s serving as motivation this season, Tom Orsborn of the San Antonio Express-News writes.

Walker is headed to restricted free agency — provided San Antonio extends a qualifying offer — and he’s eager to prove his value within the framework of the Spurs’ system.

“I think I’m more excited, more hungry. I’m starving more than ever,” Walker said. “I’m trying to stay active offensively and defensively and do what Pop (coach Gregg Popovich) wants me to do.”

Walker is averaging 13.3 PPG off the bench heading into San Antonio’s game against the Lakers on Tuesday, though he hasn’t shot it well (39.5%). He’s also averaging 4.0 RPG and 2.3 APG. Last season in 60 games (38 starts), Walker posted averages of 11.2 PPG, 2.6 RPG and 1.7 APG.

“I’ve sacrificed a lot of time, a lot of effort, a lot of things this offseason to be ready to play this season,” he said.

Walker is in his fourth year after getting selected No. 18 overall in the 2018 draft. Ideally, he’d like to re-sign with the Spurs.

“Absolutely. I think I’m a San Antonio, Texas, guy myself,” he said.

Eastern Notes: Dinwiddie, Rivers, Young, Hunter, Reddish, Okeke

October 25th, 2021 at 9:06pm CST by Dana Gauruder

There was speculation last spring that Spencer Dinwiddie might return from his partially torn ACL during the playoffs. However, Nets coach Steve Nash said that was never on the agenda, Brian Lewis of the New York Post tweets. “I personally don’t like it, I don’t think anyone in the medical staff thought it was fair to Spencer…So we didn’t bring it up,” Nash said. “We thought it was best to let him have his time to heal and further his career.” Dinwiddie has gotten off to a strong start with Washington this season.

We have more from the Eastern Conference:

Sixers head coach Doc Rivers is giving his reserves extended minutes in the early going and there’s a purpose behind it, Gina Mizell of the Philadelphia Inquirer writes. Furkan Korkmaz and four other reserves turned a nine-point lead into a blowout during the second half of Philadelphia’s win over New Orleans last week. Rivers wants to ensure the team has plenty of reliable options. “That’s why, early in the year, you extend your bench,” Rivers said. “That’s why you do it. It’s so important for your team.”
Having De’Andre Hunter and Cam Reddish healthy and productive is almost like signing two impact free agents, Hawks star Trae Young told Marc Stein of Substack. Both of those players were limited during Atlanta’s postseason run. “We didn’t have them most of the playoffs,” Young said. “And ‘Dre … not having him in the last two series made it a lot tougher for everybody. And then Cam only being able to play the last couple games in the playoffs. Those two guys are key guys for us. Having them healthy is going to be big.” Hunter missed Monday’s game with a non-COVID-related illness.
Chuma Okeke‘s return from a bone bruise in his hip remains uncertain, Josh Robbins of The Athletic tweets. Magic coach Jamahl Mosley said of Okeke, “There is no real timetable for him. We’re going to see how he responds to contact and to his rehab.” Okeke did not play in the preseason and has yet to make his season debut.

Trail Blazers Notes: Simons, Billups, Little, Powell, Snell

October 25th, 2021 at 7:36pm CST by Dana Gauruder

One way for the Trail Blazers to realize internal improvement would be for fourth-year guard Anfernee Simons to blossom. Simons wants Chauncey Billups to provide tough love in their relationship, Casey Holdahl of the team’s website writes.

“It’s been good, good feedback,” Simons said about the first-year head coach. “Tell me anything no matter what. Have no filter for me. And that’s the only way we’re going to get a better relationship and how we get better.”

Simons is off to a promising start, averaging 14.5 PPG and 2.5 APG.

“I just think he’s so good, he’s so gifted,” Billups said. “The way that he can handle the ball, he can get to anywhere he wants on the floor, he’s a big time shooter. So I’m always just trying to pump confidence into him.”

Simons will be a restricted free agent next season if he receives a qualifying offer from the club.

We have more on the Trail Blazers:

Nassir Little has also found Billups’ coaching style to be productive, as he told Mike Richman in his daily podcast (video link). “He’s calm but he’s straightforward,” Little said. “He’s not going to sugarcoat it or beat around the bush. He holds everybody accountable equally, including himself.”
Norman Powell has been diagnosed with left patellar tendinopathy, Jay Allen of RipCityRadio 620 tweets. Powell departed early in Saturday’s game after injuring his knee. He’s listed as out for tonight’s game against the Clippers.
Tony Snell is also listed as out, Allen adds. Snell continues to work his way back from a right foot sprain that sidelined him during the preseason. Snell suffered a minor setback in his recovery last week.

Pacific Notes: Paul, Ayton, Bagley III, James, Curry, Payton II

October 25th, 2021 at 6:23pm CST by Dana Gauruder

Chris Paul gave Deandre Ayton advice after the Suns center failed to receive a max extension prior to the opening-night deadline, Chris Haynes of Yahoo Sports writes. Paul told Ayton if he has a strong season, he’ll give himself plenty of leverage as a restricted free agent next season.

“With D.A. and his situation, we talked about it,” Paul said. “He knows what he has to do. The goal for everybody is to see everyone getting paid. His situation is what it is, but it’s going to work out for him.”

Paul is also impressed by the vibe in the locker room as the Suns try to defend their conference title.

“Man, this is probably one of the best locker rooms that I’ve been in my whole career because we have young guys that are leaders and everybody leads in their own different ways,” he said.

We have more from the Pacific Division:

Kings forward Marvin Bagley III could be an intriguing trade target for the Suns, Duane Rankin of the Arizona Republic speculates. Bagley, who has fallen out of favor in Sacramento, could man the power forward spot on the second unit and veterans like Paul and Jae Crowder could have a positive influence on him. He’d also have the incentive of delivering a strong season as he heads toward free agency, Rankin adds.
Lakers forward LeBron James was relieved to avoid a major injury after a collision during Sunday’s game, Dave McMenamin of ESPN writes. He felt some soreness in his right leg afterward but still hopes to play against San Antonio on Tuesday. He’s listed as probable, McMenamin adds in another tweet. “Guy falls into my leg and there’s nothing you can do about it and I couldn’t get my leg out of there in time,” James said.
The Warriors seriously considered carrying 14 players and Stephen Curry is happy they chose to re-add Gary Payton II to the roster, Monte Poole of NBC Sports Bay Area tweets. The value of having Payton as the 15th man was displayed “one thousand percent,” according to Curry, after Payton contributed 10 points in 17 minutes on Sunday.

Thunder Exercise Options On Bazley, Pokusevski, Jerome

October 25th, 2021 at 4:43pm CST by Dana Gauruder

The Thunder exercised their 2022/23 contract options for forwards Darius Bazley and Aleksej Pokusevski and guard Ty Jerome, the team announced in a press release.

There was nothing surprising about the rebuilding club with a good cap situation securing the rights to three young players through next season.

Bazley has appeared in 119 career games, including 67 starts, and was fourth on the team in scoring (13.7 PPG) and second in rebounding (7.2 RPG) last season. He’s due to make approximately $4.265MM next season.

In 48 games with Oklahoma City last season, Pokusevski averaged 7.9 PPG, 4.6 RPG and 2.1 APG in 23.5 MPG. He’ll take in approximately $3.26MM in 2022/23.

In 33 games with the Thunder last season after being acquired from the Suns, Jerome averaged 10.7 PPG and 3.6 APG. He’ll received $4.22MM in guaranteed money next season.

Year: 2024