2022 July | Hoops Rumors

Cavaliers Sign Darius Garland To Five-Year Max Extension

July 9th, 2022 at 12:10pm CST by Luke Adams

JULY 9: The Cavaliers have officially announced Garland’s rookie scale extension, per a press release.

“We’ve quickly seen Darius grow into an NBA All-Star and an integral core piece in our pursuit of sustainable success,” team president Coby Altman said in a statement. “Both on and off the court, Darius has demonstrated a strong commitment to this organization and the community. We look forward to our future and what we can accomplish here in Cleveland.”

JULY 2: The Cavaliers and point guard Darius Garland have reached an agreement on a five-year rookie scale extension that will be the largest deal in franchise history, reports Adrian Wojnarowski of ESPN (Twitter link).

It’s a maximum-salary extension that will will have a starting salary of at least 25% – and possibly up to 30% – of the 2023/24 cap, agent Rich Paul tells Wojnarowski. Based on the NBA’s latest projections for ’23/24, the deal will be worth at least $192.85MM and could be worth as much as $231.42MM.

Garland has steadily improved in each of his three NBA seasons. In 2021/22, he established new career highs in PPG (21.7), APG (8.6), RPG (3.3), and FG% (.462) as he helped lead Cleveland to a play-in spot. The 22-year-old made his first All-Star team and was a finalist for the league’s Most Improved Player award.

The Cavaliers made serious strides in 2021/22 behind a core of Garland, Evan Mobley, and Jarrett Allen. Mobley’s rookie contract covers three more years, while Allen is under contract for the next four seasons, so the franchise now has that core locked up for the foreseeable future.

Garland’s new contract will go into effect as Kevin Love ($28.94MM) and Caris LeVert ($18.79MM) come off the books in 2023, so the Cavaliers will still have some financial flexibility going forward and aren’t in any immediate danger of becoming a taxpayer.

The exact value of Garland’s extension will depend on where the 2023/24 cap (currently projected at $133MM) lands and whether or not he meets the Rose Rule criteria to increase his starting salary to 30% of the cap.

While Garland is reportedly receiving Rose Rule language in his new deal, it may not be as simple as a spot on the All-NBA Third Team increasing his starting salary to 30% of the cap. Teams and players can negotiate different starting salaries based on what specific criteria the player meets. For instance, Garland may need to make the All-NBA First Team or Second Team in order to get the full 30% — we’ll have to wait for more details.

Even if he doesn’t make an All-NBA team next season, Garland is in line for a starting salary of $33.3MM on his extension, with subsequent 8% raises. He’ll also join the NBA’s list of designated rookies, which we outlined earlier today.

With Garland’s deal done, the Cavaliers figure to shift their focus to a new deal for another guard, Collin Sexton, who is still a restricted free agent.

Contract Details: DiVincenzo, Brown, Warren, Eubanks, Pinson

July 9th, 2022 at 11:51am CST by Luke Adams

Donte DiVincenzo‘s new two-year contract with the Warriors includes a 15% trade kicker, Hoops Rumors has learned. Golden State signed DiVincenzo using a $4.5MM chunk of its taxpayer mid-level exception, leaving a leftover portion of $1,979,000 on that MLE. DiVincenzo’s second-year player option is worth $4,725,000.

Here are a few more details on recently signed contracts:

Bruce Brown‘s two-year deal with the Nuggets is worth the full taxpayer mid-level exception ($6,479,000), with the maximum allowable 5% raise for his second-year player option ($6,802,950), Hoops Rumors has learned.
T.J. Warren‘s one-year contract with the Nets is worth the veteran’s minimum, Hoops Rumors has confirmed. Warren will earn a $2,628,597 salary while Brooklyn takes on a cap hit of $1,836,090 for the veteran forward.
As expected, the new one-year contracts Drew Eubanks (Trail Blazers) and Theo Pinson (Mavericks) are also worth the veteran’s minimum. Both deals are guaranteed.

Northwest Notes: Porter Jr., Lillard, Cancar, Gobert

July 9th, 2022 at 10:31am CST by Dana Gauruder

Michael Porter Jr.‘s season was short-circuited by back surgery but the Nuggets forward said he’s ready to go for next season, Harrison Wind of DNVR Sports tweets.

On an NBA TV interview, Porter said, “I think I’m 100% at this point. It’s a blessing. I feel good. I’m excited to get back on the court and play basketball.”

We have more from the Northwest Division:

In an interview with ESPN’s Cassidy Hubbarth, Damian Lillard said he’s healthy after recovering from abdominal surgery, Tim Reynolds of The Associated Press tweets. “I wanted to fight through it. … It got to the point where I had to play it smarter,” Lillard said. “… My body is stronger than it was before in certain areas.” Lillard will be signing a two-year max extension with the Trail Blazers.
In the same interview, Lillard gave a ringing endorsement to the Jerami Grant trade with the Pistons. Reynolds relays in another tweet. “I loved it. That was like the No. 1 thing I wanted to get done,” he said. “Jerami has been on winning teams in OKC and Denver. He brings something to the game that we haven’t had at that position.”
Vlatko Cancar‘s three-year contract with the Nuggets is worth $6.8MM, ESPN’s Bobby Marks tweets. Cancar signed the contract on Thursday. As previously reported, it includes a team option in the last year.
Rim protection and rebounding were areas of needs for the Timberwolves. That’s why they were willing to pay a high price for Rudy Gobert, Jon Krawczynski of The Athletic writes. “We gave up a lot. There’s no two ways about it,” president of basketball operations Tim Connelly said. “Tremendous draft capital, really good players, really good guys. But when you’re able to add a guy that’s as good as Rudy and not touch your top two or three players, it’s really, really rare.”

Lakers Notes: Ham, James, Westbrook, Pippen Jr., Pacers, Davis

July 9th, 2022 at 9:25am CST by Dana Gauruder

New Lakers coach Darvin Ham declared his “love’ for the current roster during halftime of the team’s 104-84 summer league loss to the Suns, Dave McMenamin of ESPN writes. Rumors persist that Kyrie Irving‘s most likely destination if he’s traded is Los Angeles.

“We love everyone on our roster,” Ham said. “And until you’re not on our roster, you’re ours and we’re going to try to get better with the group that we have. That’s just the bottom line of it. I don’t know a player that’s come through this league in my 26 years that hasn’t had their name part of a trade rumor a time or two.”

We have more on the Lakers:

Russell Westbrook offered some ball-handling advice to rookie Scotty Pippen Jr., who signed a two-way contract . Pippen had a team-high 19 points but also five turnovers. “He gave me some pointers and I ended up using them,” Pippen said.
Westbrook and LeBron James didn’t exactly act like bosom buddies while watching the game, Kyle Goon of the Orange County Register notes. They sat in opposite corners of the Thomas & Mack Center and made no public acknowledgment of one another before Westbrook left the exhibition at halftime.
GM Rob Pelinka foreshadowed at least one big move to come while speaking on the NBA TV broadcast, Goon relays. “We’re not done,” Pelinka said. “We still have more work to do.” The Lakers have an open roster spot.
The Lakers tried in vain to engineer a multi-player trade with the Pacers, McMenamin said on ESPN (video link). McMenamin said “those talks basically went nowhere” because the Lakers’ offer wasn’t strong enough. McMenamin didn’t elaborate on what players were discussed, though it’s fair to speculate they might have either been targeting Myles Turner or Buddy Hield, who nearly got dealt to the Lakers last offseason.
In a wide ranging interview with Andscape’s Marc J. Spears, Ham hinted that Anthony Davis is the key to the team’s success. “With AD, I would say he’s the biggest factor,” Ham said. “I’m looking forward to him having a huge year this year. I know the way we’re going to play is going to benefit him. The way I’m going to take care of him, make sure we take care of him, it’s going to benefit him.”

Spurs Sign Jeremy Sochan To Rookie Contract

July 9th, 2022 at 8:22am CST by Dana Gauruder

The Spurs have signed forward Jeremy Sochan to a rookie scale contract, according to a team press release.

The lottery pick became the first top-10 selection for San Antonio since Tim Duncan went first overall in 1997. The Spurs used the No. 9 overall pick on Sochan, who played one season at Baylor and was named the Big 12 Sixth Man of the Year, averaging 9.2 PPG, 6.4 RPG and 1.3 SPG while appearing in 30 games.

Assuming the usual 120% rate above rookie scale, Sochan’s four-year deal is worth $23,046,751. He’ll make $5,063,520 during his rookie campaign.

Sochan won’t play in the Summer League after missing all of the team’s pre-Vegas practices due to COVID-19. He also suffered a hamstring injury, Paul Garcia of Project Spurs relays via Chris Haynes of Yahoo Sports (Twitter link). The injury occurred prior to the draft, Tom Orsborn of the San Antonio Express-News tweets.

This leaves Dyson Daniels (Pelicans) and Walker Kessler (Jazz) as the only unsigned first-round selections.

Clippers Make Offer To Moses Brown

July 9th, 2022 at 7:40am CST by Dana Gauruder

The Clippers have extended an offer to free agent center Moses Brown, Kelly Iko of The Athletic tweets.

Brown entered the market as an unrestricted free agent after the Cavaliers didn’t issue him a qualifying offer worth a little over $2MM.

Brown has bounced around the league since debuting in 2019, appearing in games for Portland, Oklahoma City, Dallas, and Cleveland. He has averaged 6.0 PPG and 5.8 RPG in 14.1 MPG through 92 career appearances.

The Clippers are thin at the center spot beyond starter Ivica Zubac. They lost free agent Isaiah Hartenstein to the Knicks.

The Clippers have an opening on their 15-man roster and both of their two-way slots open, though second-rounder Moussa Diabate is expected to fill one of them.

Lakers Sign Second-Rounder Max Christie

July 8th, 2022 at 9:38pm CST by Rory Maher

The Lakers have signed Max Christie, the 35th pick of last month’s draft, according to Kyle Goon of The Southern California News Group (Twitter link). The Lakers drafted him after acquiring the 35th pick from the Magic in exchange for a 2028 second-rounder and cash.

Christie was a highly-touted prospect entering college last season, but he struggled a bit in his freshman season for Michigan State, averaging 9.3 PPG, 3.5 RPG and 1.5 APG on .382/.317/.824 shooting in 35 games (30.8 MPG). With the caveat that it’s Summer League (therefore disorganized), in three contests (22.7 MPG) at the California Classic in San Francisco, Christie averaged 6 PPG, 7.7 RPG and 2 APG while shooting 25% from the floor.

Still, Los Angeles’ front office is high on the 19-year-old, with GM Rob Pelinka calling him a “consensus” choice with the team’s lone draft pick.

The terms of Christie’s deal were not disclosed, but the Lakers used their taxpayer mid-level exception to sign Lonnie Walker and are now limited to minimum-salary deals, so a two-year, minimum contract seems likely.

Considering he’s only 19 and the Lakers are trying to contend, Christie will probably spend a good amount of time in the G League this season with L.A.’s affiliate, South Bay.

The Lakers have undergone a roster overhaul of their role players in free agency thus far after going 33-49 and missing out on the postseason in 2021/22, reportedly prioritizing speed, defense and shooting with the signings of Lonnie Walker, Troy Brown Jr., Juan Toscano-Anderson, Damian Jones and Thomas Bryant.

Wizards Notes: Leonsis, Beal, No-Trade Clause, Morris

July 8th, 2022 at 8:29pm CST by Rory Maher

As ESPN’s Bobby Marks previously relayed, Bradley Beal‘s new five-year, maximum-salary contract with the Wizards contains a no-trade clause — making him just the 10th player in league history to receive one. In addition to featuring a no-trade clause, Beal’s $251MM deal includes a 15% trade kicker and a fifth-year player option, according to Marks.

At a press conference to announce the signing, owner Ted Leonsis defended the provisions that were added to Beal’s contract, writes Ava Wallace of The Washington Post.

“If you can show the industry, show the world that you can draft, develop, keep great players, that’s how you start to make your way to become a destination,” Leonsis said.

“There’s a lot of movement, a lot of non-partnership that you see around the league. And for there to be a public statement that essentially says, ‘We have a player that wants to be here and serve out his contract, as do we,’ that allows your general manager to plan, to be able to have the confidence that your best player, your bedrock player, is a part of the process. So that was something that we did, and when the player brings that to you — we’re not naive. I read the press on occasion, and I see what people are thinking. I didn’t take it as a point of leverage; I took it more as a point of partnership. All we can do is show you that we’re in this together.”

Beal’s ability to veto any trade over the span of his deal could make it extremely difficult for Washington to pivot if things go south, Wallace notes.

Here’s more on the Wizards:

Josh Robbins of The Athletic examines the team’s decision to give Beal a no-trade clause. Robbins says it shows how much the Wizards value — and likely overvalue — Beal, as well as Leonsis’ desperation to re-sign Beal and remain competitive, noting that the owner has been adamantly opposed to tanking in the past. As Robbins writes, if Beal decides to asks out at some point, he will have full power to veto a trade if it’s not to his preferred destination — even if the Wizards were hypothetically getting better value from another team.
In considering Beal’s new contract, Daniel Levitt of FiveThirtyEight.com comes to the conclusion that it leaves the Wizards stuck in mediocrity going forward. Beal’s loyalty to the Wizards is commendable, says Levitt, but his on-court production doesn’t match his large salary, per FiveThirtyEight’s RAPTOR wins above replacement statistic. As such, it’s hard to envision how the Wizards can become a legitimate contender with so much money tied up in Beal and Kristaps Porzingis the next couple of seasons, when neither player has shown the capability of being the best — or second-best — player on a championship-caliber team, according to Levitt.
Point guard Monte Morris, whom the Wizards recently acquired in a trade with Denver, is looking forward to teaming up with Beal, Robbins relays in another story for The Athletic. “I’ve always thought Brad was the best two-guard in the league,” Morris said. “I would tell our players he’s amazing, just how quick he is and can get off any shot. (He’s) athletic, and (with) his energy out there and will to win, I’m excited to play alongside him. I hope it’s the same (feeling) on his side. We’re going to get out in transition. I’m going to get him the ball where it needs to go, and that’s my job: to put us in the right situations and positions to be successful and play at a high level.”

Bucks Re-Sign Lindell Wigginton

July 8th, 2022 at 7:47pm CST by Rory Maher

The Bucks have re-signed guard Lindell Wigginton, the team announced in a press release.

Wigginton, 24, played 19 games (10.5 MPG) as a rookie for Milwaukee last season while on a two-way contract, averaging 4.2 PPG, 1.3 RPG and 1.2 APG. The terms of his new deal were not disclosed, but considering both of the team’s two-way spots are currently occupied (by Sandro Mamukelashvili and AJ Green), Wigginton was likely signed to an Exhibit 10 deal.

An Exhibit 10 contract is a non-guaranteed, minimum-salary contract that makes the player eligible for a bonus worth up to $50K if he’s waived before the regular season begins and then joins his team’s G League affiliate. It can also be converted into a two-way deal before the season.

The Canadian point guard spent most of last season with the Bucks’ G League affiliate, the Wisconsin Herd, averaging 16.7 PPG, 5.1 RPG and 4.9 APG in 25 total games. After going undrafted out of Iowa State in 2019, Wigginton spent his first two pro seasons playing for the G League’s Iowa Wolves, as well as a couple of international stops in Israel and Canada.

Spurs Sign Malaki Branham To Rookie Scale Contract

July 8th, 2022 at 6:03pm CST by Rory Maher

The Spurs have signed first-round pick Malaki Branham to his rookie scale contract, according to NBA.com’s transactions log.

In 32 games (29.6 MPG) as a freshman for Ohio State, Branham averaged 13.7 PPG, 3.6 RPG and 2 APG on .498/.416/.833 shooting. He was named Big Ten Rookie of the Year and earned a spot on the All-Big Ten Third Team for his efforts.

The 19-year-old put up 15 points and three rebounds on 6-15 shooting in his Summer League debut this evening, a 99-90 loss to the Cavaliers.

Branham was the 20th overall pick by San Antonio and will earn $2,925,600 as a rookie and $14,177,433 over the course of four seasons, assuming he receives 120% of the rookie scale amount, which is standard. As with all first-rounders, both the third and fourth seasons are team options.

Branham is the 27th first-round pick from last month’s draft to officially finalize his rookie contract, as shown by our tracker of draft pick signings. Dyson Daniels (Pelicans), Jeremy Sochan (Spurs), and Walker Kessler (Jazz) are the lone holdouts, but there’s no reason to believe they won’t join their fellow first-rounders soon.

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