2022 July | Hoops Rumors

Contract Details: Booker, Towns, Magic, Oladipo, Anderson, Hardy

July 9th, 2022 at 4:58pm CST by Luke Adams

The new super-max extensions for Suns guard Devin Booker and Timberwolves big man Karl-Anthony Towns each come with a different perk.

Booker’s deal includes a 10% trade kicker, but is fully guaranteed for all four years, with no player option in 2027/28.

Towns’ new contract, conversely, doesn’t feature a trade kicker, but has a fourth-year player option, giving Towns the ability to opt out and reach free agency in 2027.

Here are several more contract details from around the NBA:

Both Mohamed Bamba and Bol Bol received one guaranteed season and one non-guaranteed season on their new two-year contracts with the Magic. Bamba has matching cap hits of $10.3MM on his deal, while Bol’s cap hits are $2.2MM apiece.
Victor Oladipo‘s reworked two-year deal with the Heat came in at $18.2MM in total. It’s worth $8.75MM in 2022/23, with a $9.45MM player option for ’23/24.
As previously reported, Kyle Anderson‘s two-year contract with the Timberwolves is worth exactly $18MM. It features a first-year salary of $8,780,488 and a 5% raise to $9,219,512 for 2023/24.
Jaden Hardy‘s three-year contract with the Mavericks is, as expected, worth the minimum in all three seasons. It’s fully guaranteed in the first two years, with a partial guarantee of $400K in year three.

Bucks Re-Sign Luca Vildoza, Rayjon Tucker

July 9th, 2022 at 4:35pm CST by Luke Adams

After waiving both players on Tuesday, the Bucks have officially re-signed guards Luca Vildoza and Rayjon Tucker to one-year, minimum-salary contracts.

The new deals for Vildoza and Tucker are both non-guaranteed. Tucker’s contract includes Exhibit 10 language, which would allow Milwaukee to convert his deal to a two-way contract, but Vildoza’s does not.

Vildoza, 26, played internationally in Spain for several seasons prior to reaching a buyout to sign with the Knicks in May 2021. The Argentian guard was waived after he underwent foot surgery last October, but caught on with the Bucks and made seven very brief postseason appearances with the team. He has yet to make his NBA regular season debut.

Tucker has appeared in a total of 39 NBA games across three seasons for Utah, Philadelphia, Denver a nd Milwaukee, averaging 3.0 PPG and 1.0 RPG in just 7.7 minutes per contest. He has been much more active in the G League during that span, having played for the Salt Lake City Stars, the Wisconsin Herd, and the Delaware Blue Coats. In 27 regular season games this past season for the Herd (the Bucks’ NBAGL affiliate), the wing averaged an impressive 21.1 PPG on 53% shooting. He also chipped in 7.6 RPG, 3.8 APG, and 1.2 SPG.

The Bucks now have 17 total players under contract, including 13 on guaranteed salaries and two on two-way deals. The team is also expected to make its new deal with Serge Ibaka official soon.

Nets Notes: Simmons, Thomas, Duke, Free Agency

July 9th, 2022 at 4:00pm CST by Alex Kirschenbaum

Though his two All-Star Nets colleagues Kevin Durant and Kyrie Irving could very well be on the move this summer, a trade for injured All-Defensive Team Brooklyn guard Ben Simmons remains very unlikely, Brooklyn sources inform Brian Lewis of the New York Post.

Simmons missed the entire 2021/22 season due to mental health issues and a back injury that required surgery. Sources tell Lewis, who notes that Simmons is on track to rejoin Brooklyn in time for the team’s training camp this fall, that the former No. 1 overall pick has little trade value at present. The three-time All-Star, still just 25, holds career averages of 15.9 PPG, 8.1 RPG, and 7.7 APG.

There’s more out of Brooklyn:

Several teams have contacted the Nets about potential deals for second-year player Cam Thomas, Lewis writes in another story for the New York Post. According to Lewis, a Thomas trade may fetch a first-round draft pick for Brooklyn, should the team want to move off the 20-year-old shooting guard. Across 67 games with the Nets, Thomas averaged 8.5 PPG, 2.4 RPG, and 1.5 APG in just 17.6 MPG.
After going undrafted in 2021 out of Providence, point guard David Duke Jr. impressed the Nets on a two-way deal. This summer, he has thus far passed on an offer from Brooklyn for a second two-way contract (presumably the standard two-way QO that includes a $50K partial guarantee) in the hopes of instead being signed to a standard deal to join the team’s 15-man roster, per Brian Lewis of the New York Post. “Well, you know, I’m always going to strive for the most that I can get, right?” Duke said of his reasoning. “So if there’s a roster spot to strive for that, then whatever happens from there, happens… But like I said, I’m just out here [in Summer League] trying to play the best that I can, show what I can bring to Brooklyn, to whoever.”
The Nets are thus far the biggest losers in free agency this year, opines Kevin Pelton of ESPN (YouTube link). That issue may have more to do with the team’s top stars potentially wanting to be traded off the team more so than its fairly minimal free agent signings. “No matter how this Durant situation plays out, even if they’re able to retain him… still you’re going to have Kyrie Irving’s situation hanging over their entire season,” Pelton said. “And it’s also kind of affected their ability to make moves so far this offseason,” Pelton added. While Pelton applauded their low-risk signing of T.J. Warren to a one-year contract, he was less enthused about another big Brooklyn transaction. “[I] wasn’t a big fan of their trade to send a first-round pick to Utah for Royce O’Neale. People are going to describe O’Neale as a 3-and-D player, but the defense part of that equation has been lacking the last couple of seasons.”

Pacers Trade Malcolm Brogdon To Celtics

July 9th, 2022 at 3:56pm CST by Luke Adams

JULY 9: The Celtics’ deal with the Pacers for Brogdon is now official, per an Indiana press release.

JULY 1: The Pacers have agreed to trade veteran guard Malcolm Brogdon to the Celtics, according to Adrian Wojnarowski of ESPN (Twitter link).

The deal will send center Daniel Theis, wing Aaron Nesmith, and a 2023 first-round pick to Indiana, Wojnarowski reports (via Twitter). Nik Stauskas, Malik Fitts, and Juwan Morgan are also headed to the Pacers in the swap, Wojnarowski adds (via Twitter).

The 2023 first-round pick the Pacers are acquiring in the trade will be top-12 protected, tweets Brian Robb of MassLive. If it doesn’t convey, Indiana will instead receive a second-rounder.

The Celtics wanted to acquire a “true play-making guard,” Wojnarowski explains (via Twitter), and were able to do so without including any of their core players in the package. Brogdon has battled injuries frequently over the course of his six-year career, but has been effective on both ends of the court when healthy.

In 2021/22, the 29-year-old averaged 19.1 PPG, 5.9 APG, and 5.1 RPG in 36 games (33.5 MPG) for the Pacers. Brogdon’s three-point percentage dipped to 31.2% last season, but he’s still a 37.6% career shooter from beyond the arc.

Although Brogdon’s name has come up frequently in trade rumors this offseason, he was primarily linked to the Wizards and Knicks in the weeks leading up to the draft. Washington addressed its point guard hole by agreeing to acquire Monte Morris and sign Delon Wright, while New York landed Jalen Brunson in free agency. That opened the door for another Eastern Conference club to make a deal with the Pacers.

Brogdon will earn $67.6MM over the next three seasons, including $22.6MM in 2022/23. In order to match his salary and make the trade legal, the Celtics will have to include five players in their package — the priciest of those players, Theis, is making $8.69MM next season, while Nesmith will earn $3.8MM. Stauskas, Fitts, and Morgan were on non-guaranteed minimum-salary contracts, which will become guaranteed for matching purposes, tweets Bobby Marks of ESPN.

The Celtics, who also reportedly agreed to sign Danilo Gallinari, now have about $167.5MM committed to 11 players, according to Chris Forsberg of NBC Sports Boston (Twitter link), so team ownership doesn’t appear worried about paying a tax bill in 2022/23. Depending on how deep into the tax Boston is willing to go, the club could also make use of its $17MM trade exception, which won’t be utilized in this deal.

The Pacers, meanwhile, had interest in Grant Williams, according to Jake Fischer of Bleacher Report (Twitter link), but were ultimately willing to accept for a Celtics’ 2023 first-round pick that could land pretty late in the 20s.

Indiana may also see value in Theis and Nesmith, but the deal is more about the first-rounder and the cap flexibility moving off Brogdon will create. In addition to clearing some long-term money, the Pacers now have about $31MM in projected cap room this summer, tweets Marks.

The two teams will have to wait until July 9 to officially complete the trade, Marks notes (via Twitter), since Morgan can’t be dealt until then.

Walker Kessler Signs Rookie Deal With Jazz

July 9th, 2022 at 3:32pm CST by Alex Kirschenbaum

The Jazz have officially signed 7’1″ rookie center Walker Kessler to his rookie scale contract, the team announced in a press release. Kessler is the last 2022 first-rounder to ink his deal.

The 20-year-old has yet to play in an NBA game, but is already well-traveled within the league. He was initially selected by the Grizzlies with the No. 22 pick in the 2022 draft out of Auburn, before being traded to the Timberwolves in a draft-night deal. Kessler was later sent to Utah as part of Minnesota’s blockbuster deal for three-time Defensive Player of the Year Rudy Gobert.

Kessler averaged 11.4 PPG, 8.1 RPG, 4.6 BPG, and 1.1 SPG across 34 games during his second and final college season with the Tigers. He also nailed 60.8% of his field goal attempts. He had spent the 2020/21 season with North Carolina in a more limited role, averaging just 8.8 MPG, before transferring to Auburn. Kessler was named the 2021/22 SEC and NABC Defensive Player of the Year. The big man was also an All-SEC First Team, All-SEC Defensive Team, and AP All-American Third Team selection.

The deal will pay $2,696,400 for the 2022/23 season, and will be worth $13.4MM should Utah pick up both its team options for the center’s third and fourth NBA seasons.

Pacers Guarantee Terry Taylor’s 2022/23 Contract

July 9th, 2022 at 3:04pm CST by Alex Kirschenbaum

Second-year Pacers shooting guard Terry Taylor‘s $1,563,518 salary for the 2022/23 season has been fully guaranteed by Indiana, per Tony East of Forbes (Twitter link).

Taylor, now 22, went undrafted out of Austin Peay State University in 2021. He first latched on with Indiana on an Exhibit 10 deal during the 2021 offseason. The team waived him in October before inking him to a two-way contract. The 6’5″ wing was subsequently promoted to the team’s 15-man roster this spring, alongside two-way point guard Duane Washington.

Across 33 games in 2021/22, Taylor enjoyed a productive rookie season off the bench for a lottery-bound Pacers club. He averaged 9.6 PPG, 5.2 RPG, and 1.2 APG across 21.6 MPG. He connected on 61.4% of his 6.7 field goal looks and 70.6% of his 1.5 charity stripe attempts.

In 14 contests while with the Pacers’ NBAGL affiliate club, the Fort Wayne Mad Ants, on his two-way contract, Taylor’s numbers were even more impressive. He averaged 18.9 PPG, 12.1 RPG, 2.2 APG, 1.4 SPG and 1.0 BPG, while making 67.4% of his field goals and 77.3% of his free throws.

Taylor’s 2022/23 salary was already partially guaranteed for $625K and was on track to become fully guaranteed if he remained under contract through Sunday — it appears the Pacers made their decision a little early.

Shaedon Sharpe To Miss Rest Of Summer League With Shoulder Tear

July 9th, 2022 at 2:30pm CST by Alex Kirschenbaum

Trail Blazers rookie swingman Shaedon Sharpe is set to miss the rest of this year’s Las Vegas Summer League after suffering a “small” labral tear in his left shoulder, the team has announced in a press release.

Portland adds that Sharpe, the No. 7 pick in the 2022 draft out of Kentucky, will have his injury reassessed in 10-to-14 days. He suited up for just six minutes during an eventual 81-78 loss to the Pistons Thursday before incurring the injury. He shot 1-of-3 from the floor in that time. The 6’6″ wing promptly left the game to undergo imaging.

A hyper-athletic, high-upside prospect, Sharpe never played a game for the Wildcats. Sharpe’s original intention was to redshirt his first season with Kentucky during the 2021/22 collegiate season, and then suit up in ’22/23. When it became clear he would be a lottery selection, Sharpe opted to enter the 2022 draft pool.

The 19-year-old inked a rookie-scale contract with Portland last week. Provided the Trail Blazers pick up his options, Sharpe would earn $27,340,903 over the full four-year deal.

Contract Details: Drummond, Jones, LaVine, Cancar, Martin, Nurkic

July 9th, 2022 at 2:20pm CST by Luke Adams

The two-year contracts that Andre Drummond and Derrick Jones signed with the Bulls have virtually identical terms. Both players will earn guaranteed $3.2MM salaries in 2022/23, with $3.36MM player options for the ’23/24 season, Hoops Rumors has learned. The only real difference between the two deals is how the Bulls completed them — Drummond received a portion of the non-taxpayer mid-level exception, while Jones was re-signed using his Non-Bird rights.

Here are more details on recently signed contracts from around the NBA:

Zach LaVine‘s five-year, maximum-salary contract with the Bulls includes a 15% trade kicker, Hoops Rumors has learned. For 2022/23, at least, that kicker will be inconsequential since LaVine is already earning the max, but it could be a factor later in his deal if the annual salary cap increases outpace his annual 8% raises.
Vlatko Cancar‘s three-year contract with the Nuggets features matching $2,234,359 cap hits in each of the first two seasons, plus a $2,346,606 team option for 2024/25. The first two years are guaranteed.
Heat forward Caleb Martin received a starting salary of $6,479,000, which is the full portion of the taxpayer mid-level exception. Miami remains below the tax apron, so the team can use the rest of the non-taxpayer MLE (approximately $4MM more) if it so chooses. Martin also got a third-year player option and a 15% trade kicker on his new three-year deal.
Jusuf Nurkic‘s four-year, $70MM contract with the Trail Blazers is fully guaranteed and is structured with standard 8% annual raises. It starts at $15,625,000 in 2022/23 and increases to $19,375,000 by year four in ’25/26.

And-Ones: Diop, Baynes, Onuaku, Free Agency, Macon, Dragic

July 9th, 2022 at 2:02pm CST by Dana Gauruder

Cavaliers draft-and-stash pick Khalifa Diop has extended his contract with Gran Canaria through 2025, according to Eurohoops.net. The Senegalese center’s previous deal with the club was set to expire in 2024. Diop. 20, was selected with the 39th overall pick with the goal of stashing him at least for next season. Presumably, Diop will have NBA opt-outs in his European contract for when Cleveland is ready to bring him aboard.

We have more news from around the basketball world:

Free agent center Aron Baynes worked out for NBA teams in Las Vegas on Friday and received generally positive reviews, Steve Bulpett of Heavy.com reports. Baynes is seeking an NBA comeback after suffering a serious spinal cord injury during the Tokyo Olympics. One scout told Bulpett that Baynes showed good stamina and a consistent 3-point stroke. Another executive said that Baynes could be a good fit for the Celtics.
Israeli League MVP Chinanu Onuaku will work out for NBA teams on Wednesday at the Las Vegas Summer League, Aris Barkas of Eurohoops.net reports. The Raptors, Clippers, Celtics, Cavaliers, Mavericks and Lakers are among the teams expected to be in attendance. Additionally, Greece’s Panathinaikos is expected to soon present an official offer for a two-year contract. The 6’11” big man played six games with the Rockets from 2016-18.
Donte DiVincenzo‘s two-year contract with the Warriors and Bruce Brown‘s two-year deal with the Nuggets are the best value signings during free agency thus far, in the view of executives who spoke to Sean Deveney of Heavy.com.
Former NBA guard Daryl Macon has signed with Unics, according to Alessandro Maggi of Sportando. Macon averaged 13.1 PPG and 3.6 APG last season in EuroLeague with Panathinaikos. Macon played four games with the Heat during the 2019/20 season.
Former NBA guard Zoran Dragic has re-signed with Cedevita Olimpija Ljubljana for another season, according to Sportando. Dragic averaged 10.7 PPG and 5.5 RPG last season in EuroCup action.

Pelicans Sign Dyson Daniels To Rookie Scale Deal

July 9th, 2022 at 12:35pm CST by Alex Kirschenbaum

The Pelicans have officially signed rookie wing Dyson Daniels to a rookie scale contract, per NBA.com’s transactions log.

The 6’8″ swingman was selected with the eighth pick in the 2022 draft by New Orleans after spending a year with the G League Ignite. Across 14 contests for the G League Ignite during the 2021/22 season, Daniels averaged 11.3 PPG, 4.4 APG, 1.9 SPG, and 0.7 BPG, while connecting on 44.9% of his field goals and 73.7% of his free throw attempts.

Provided Daniels is compensated with the standard 120% rate above the rookie scale, the 19-year-old’s four-year contract is worth $25,059,949. He’ll earn $5,508,600 in his 2022/23 NBA rookie season.

Daniels is set to make his debut with the Pelicans during the team’s first Summer League contest tonight against the Trail Blazers.

With the inking of Daniels to a deal now official, Jazz rookie center Walker Kessler is now the sole remaining unsigned first-round draft pick.

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