Month: November 2024

Trevor Keels Returning To Knicks On Two-Way Deal

Guard Trevor Keels has re-signed with the Knicks on a two-way deal, per Keith Smith of Spotrac (via Twitter). According to Fred Katz of The Athletic, it’s a one-year contract (Twitter link).

The 42nd pick of the 2022 draft after one college season at Duke, Keels spent his rookie season on a two-way contract with the Knicks, who gave him a qualifying offer last month in order to make him a restricted free agent. Based on the reported terms, it seems likely that Keels simply accepted his one-year QO in order to return to New York.

Still just 19 years old (he turns 20 in late August), Keels only appeared in three games for the Knicks in 2022/23 for a total of eight minutes. He was a starter for their G League affiliate in Westchester, however, averaging 13.9 points, 3.4 assists, 2.8 rebounds and 1.0 steal with a .425/.355/.710 shooting line in 25 regular season games (30.2 minutes per contest).

Once their two-way deal with Nathan Knight is official, the Knicks will have all three two-way slots filled, as former Overtime Elite guard Jaylen Martin occupies the third. That means Duane Washington might be the odd man out — he was given a qualifying offer last month, but the Knicks won’t have any spots available.

Trade Rumors: Harden, Clippers, Lillard, Embiid

While the Sixers may be holding out hope that James Harden will rescind his trade request and return to Philadelphia next season, the former league MVP remains steadfast in his desire to be dealt to the Clippers, league sources tell Jake Fischer of Yahoo Sports.

According to Fischer, Harden and his camp are confident he’ll end up playing for Los Angeles in 2023/24. Sources tell Fischer that the Sixers have discussed Harden trades with teams other than the Clippers, but none of those talks were serious, as rivals are aware of Harden’s “unwavering focus” on joining L.A.

The Sixers haven’t shown any interest in a potential Clippers deal though, and the Clippers aren’t interested in parting with Terance Mann, Fischer writes. Daryl Morey‘s recent comments suggest that the two sides aren’t natural trade partners.

If Harden is still on the roster by media day in early October, the 10-time All-Star is expected to join the Sixers in training camp. That might not be ideal for Philadelphia, however, as Fischer notes that Harden successfully forced his way out of Houston and Brooklyn in recent seasons when he was unhappy without needing to hold out.

Here are more trade rumors from around the NBA:

  • In his analysis of Fischer’s story, Kyle Neubeck of PhillyVoice.com wonders if Morey will eventually cave on his high asking price and accept an offer from the Clippers, as having Harden cause problems — in training camp or during the season — could hurt the Sixers‘ on-court results. The fact that Harden is on an expiring contract and Philadelphia is firmly in win-now mode makes it a complicated situation, because the team can’t afford to punt on a year of Joel Embiid‘s prime, Neubeck adds. That much was clear even before Embiid’s recent comments about wanting to win a championship no matter what team he’s on.
  • Talks between the Trail Blazers and Heat on a Damian Lillard trade are “stagnant,” according to Shams Charania of The Athletic. While the two sides have spoken, Charania hears the conversations weren’t serious. Portland has told Miami to make its best offer, Charania writes, but the Heat don’t appear to be in any rush to do so.
  • As Sam Amick of The Athletic wrote a couple days ago, there’s no indication that Embiid has any desire to leave the Sixers at this point, and Philadelphia certainly doesn’t want to trade him, to the Knicks or any other team. Ian Begley of SNY.tv reports that when Embiid and Morey met after the comments went viral, both sides envisioned a “Derek Jeter-type trajectory” for Embiid, with the reigning MVP remaining the face of the organization until he retires. In short, don’t expect an Embiid trade anytime soon, says Begley.

Hornets Sign Leaky Black To Two-Way Deal

JULY 19: Black’s two-way deal with the Hornets is now official, the team announced.


JUNE 23: The Hornets will use one of their two-way slots in 2023/24 on rookie free agent Leaky Black, reports Adam Smith of Inside Carolina. The two sides have agreed to a two-way deal.

A 6’8″ swingman, Black went undrafted out of North Carolina on Thursday. He spent five seasons with the Tar Heels, averaging 7.3 PPG and 6.5 RPG on .411/.326/.702 shooting in 33 games (32.1 MPG) during his super-senior year in 2022/23.

While Black’s offensive contributions are modest, he’s considered an asset on the other end of the floor, having made the ACC’s All-Defensive team in both 2022 and 2023.

Prior to attending UNC, Black was born and raised in Concord, North Carolina, so it’s a local signing for the Hornets.

Xavier Sneed, one of the players who finished the 2022/23 season on a two-way contract with the Hornets, has a deal that covers ’23/24 as well. Assuming Charlotte hangs onto him, the team will be able to carry one more two-way player in addition to Sneed and Black.

Pacers First-Rounder Jarace Walker Had “Minor” Elbow Surgery

Jarace Walker underwent “minor” surgery to remove loose bodies from his right elbow, sources tell ESPN’s Adrian Wojnarowski (Twitter link). The Pacers forward is expected to be completely healed when training camp opens in the fall, per Wojnarowski.

Walker spent his lone college season with the Houston Cougars, averaging 11.2 PPG, 6.8 RPG, 1.0 SPG and 1.3 BPG on .465/.347/.663 shooting in 36 games (27.6 MPG) in 2022/23. Known as a strong defensive player, Walker was the eighth pick of last month’s draft.

The 19-year-old appeared in four Summer League games for Indiana in Las Vegas, averaging 14.3 PPG, 7.8 RPG, 3.3 APG, 1.3 SPG and 1.3 BPG in 30.1 MPG. While those all-around stats are quite solid, he struggled mightily with scoring efficiency, posting a .343/.179/.444 shooting line. It’s safe to assume his elbow was affecting him, considering he reportedly underwent surgery to correct the ailment.

Assuming no other major roster moves are made, Walker will likely be vying with Obi Toppin and Aaron Nesmith for the starting power forward job entering ’23/24. Nesmith spent much of last season as the small-ball starting four, but he’s only 6’5″ and the Pacers were obviously focused on adding talent at the position this summer.

NBA Teams With Hard Caps For 2023/24

The NBA salary cap is somewhat malleable, with various exceptions allowing every team to surpass the $136,021,000 threshold once their cap room is used up. In some cases, teams blow past not only the cap limit, but the luxury tax line of $165,294,000 as well — the Clippers, Warriors, and Suns are among the clubs that project to have massive tax bills this season as a result of their spending.

The NBA doesn’t have a “hard cap” by default, which allows clubs like L.A., Golden State, and Phoenix to build a significant payroll without violating NBA rules. However, there are certain scenarios in which teams can be hard-capped.

The league’s new Collective Bargaining Agreement has carried over the hard cap rules from the 2017 CBA while also expanding them, adding new scenarios in which teams can face hard caps and creating a second salary level that certain teams can’t exceed. These rules will continue to evolve in 2024/25, since they’re being implemented over the course of two years.

In 2023/24, the guidelines are as follows:

  1. A team becomes hard-capped at the first tax apron ($172,346,000) if it makes any of the following moves:
    • Acquires a player via sign-and-trade.
    • Uses the bi-annual exception.
    • Uses more than the taxpayer portion (up to two years, with a starting salary of $5MM) of the mid-level exception.
    • Takes back more than 110% of the salary it sends out in a trade (when over the cap).
  2. A team becomes hard-capped at the second tax apron ($182,794,000) if it uses any portion of the mid-level exception.

Over half of the NBA’s teams have been willing to hard-cap themselves so far in 2023/24. Some teams will have to be hyper-aware of that hard cap when they consider any roster move for the rest of the season, but for others it’s just a technicality that won’t affect their plans in any meaningful way.

Listed below are the hard-capped teams for the 2023/24 league year, along with how they created a hard cap. In some instances, a team made multiple moves that would have imposed a hard cap (ie. acquired a player via sign-and-trade and used the bi-annual exception) — only the first of those transactions is noted below.


Hard-capped at first tax apron

These teams will be prohibited from exceeding $172,346,000 in team salary.

Brooklyn Nets

Charlotte Hornets

  • Took back more than 110% of Terry Rozier‘s outgoing salary via trade.

Chicago Bulls

Cleveland Cavaliers

Dallas Mavericks

Detroit Pistons

  • Took back more than 110% of Isaiah Livers‘ outgoing salary via trade.

Houston Rockets

Indiana Pacers

Los Angeles Lakers

Memphis Grizzlies

Minnesota Timberwolves

New Orleans Pelicans

New York Knicks

Oklahoma City Thunder

  • Took back more than 110% of Patty Mills‘ outgoing salary via trade.

Philadelphia 76ers

  • Took back more than 110% of Marcus Morris‘ outgoing salary via trade.

Portland Trail Blazers

San Antonio Spurs

  • Took back more than 110% of Doug McDermott‘s outgoing salary via trade.

Toronto Raptors

Utah Jazz

  • Took back more than 110% of Ochai Agbaji‘s outgoing salary via trade.

Washington Wizards


Hard-capped at second tax apron

These teams will be prohibited from exceeding $182,794,000 in team salary.

Denver Nuggets


This list, which could continue to grow, will be updated throughout the 2023/24 league year as necessary. It can be found anytime in the “Hoops Rumors Features” menu on the right-hand sidebar of our desktop site, or in the “Features” menu on our mobile site.

Kings’ McNair: Decision To Retain Roster Provides ‘Runway’ To Future Success

While many around the league suspected the Kings were gearing up for a major free agency acquisition entering July, Sacramento ended up largely using its cap space to retain its core. On the night of the 2023 NBA draft, the Kings traded Richaun Holmes and the No. 24 overall pick to the Mavericks to create cap space, which they used to re-sign Harrison Barnes to a three-year, $54MM contract and then later renegotiate and extend Domantas Sabonis on a five-year, $217MM deal.

Sacramento general manager Monte McNair sat down with The Athletic’s Anthony Slater and Sam Amick to discuss the Kings’ decision to retain their core and why he’s higher on their offseason moves than outsiders might be.

“(I’m) not saying that we won’t look at upgrades (or that) we didn’t,” McNair said. “Because we certainly explored all those options. But knowing that one of our options was going to be to bring the bulk of our team back (was appealing).

After making the decision to trade Tyrese Haliburton to the Pacers for Sabonis at the 2022 trade deadline, the Kings spent the subsequent summer trying to build a playoff contender that would end the club’s then-16-year playoff drought. Sacramento drafted Keegan Murray, a 22-year-old rookie who stepped into the rotation right away, and acquired Malik Monk and Kevin Huerter to surround De’Aaron Fox and Sabonis.

What followed was a 48-win season that resulted in the No. 3 seed in the Western Conference, ending the Kings’ playoff drought. This summer was quieter for McNair — the Kings drafted Colby Jones and Jalen Slawson, signed Sasha Vezenkov and Nerlens Noel, and traded for Chris Duarte.

Although Sacramento didn’t make a major splash, McNair believes the addition of Vezenkov is a significant one. The Kings acquired the 2023 EuroLeague MVP along with cash from Cleveland last summer for the No. 49 overall pick in the 2022 draft. While Sacramento wasn’t sure at the time if Vezenkov would ever end up in the NBA, McNair believes the team’s stellar play helped convince him to come stateside. Vezenkov signed a three-year, $20MM deal this offseason.

McNair said that he understands the muted reaction from outsiders, but that the Kings were extremely high on Vezenkov for a while and that he’s going to turn some heads.

A lot of people hear ‘international’ and they don’t know them, and then they come over and all of a sudden it’s (Nikola) Mirotic or it’s the Bogdanovics (Bogdan and Bojan) or (Nemanja) Bjelica,” McNair said. “Or you can obviously go back to the Pejas and Turkoglus (former Kings Peja Stojakovic and Hedo Turkoglu). And once they’re over here, then people get excited about them. But I think people will be surprised, just because they don’t know him very well and what he can do.

The Kings aren’t just banking on Vezenkov, Duarte, and the other additions to help the team improve, according to McNair. Sacramento is extraordinarily high on Murray, who showed promising upside in his first season after averaging 12.2 points in 80 games last season along with starting in all seven of the club’s playoff games. Murray also set the record for threes made by a rookie with 206.

Murray played in the California Classic this summer and turned heads rather quickly with a 41-point outing in a game against the Heat. McNair believes Murray’s ongoing development is a key to unlocking another level for the Kings.

We know we need Keegan to take another step,” McNair said. “And one of the ways he can do that is to be more of a second or third option as opposed to a fourth or fifth option. And it’s hard to do that when you have two all-NBA guys, right? Then you have Kevin Huerter and Harrison Barnes. So you know, it may take some time for him to do that within the natural flow.

While the Kings’ offseason moves signal a desire to remain in the upper echelon of Western Conference teams, McNair explained that these transactions were as much about preserving future flexibility as they were about staying competitive in the short term. The Holmes trade didn’t just allow for the Kings to bring back Barnes and extend Sabonis — it also freed up $12.8MM in 2024. Every major piece of Sacramento’s rotation is under team control beyond next season except for Monk and Alex Len. That extra $12.8MM of breathing room could put the team in position to bring those pieces back or replace them.

Additionally, the Kings only owe one first-round pick, a lottery protected 2024 first-rounder to Atlanta. Outside of that, the club has a full treasure chest of draft assets and tradable contracts to help facilitate a future move, according to McNair.

McNair understands that the Kings had extraordinary luck with health last season and that other Western teams improved this offseason, but he’s sold on what his team can achieve moving forward.

One mistake you can make in this league is thinking your path will be linear,” McNair said. “We know it’s not going to be a straight line where we just continue to take one step at a time. Hopefully we’re taking major steps forward. But if there’s other road blocks or adversity in the way, you have to have the ability to pivot off of that, whether it’s a better fit or talent. So for us, we feel not just set up this year, but we have plenty of room to the tax line for trades (if needed).

Slater and Amick touch base on more topics with McNair, so I recommend checking out the article in full if you’re an Athletic subscriber.

Trail Blazers To Guarantee Jabari Walker’s Contract For 2023/24

The Trail Blazers have decided to guarantee forward Jabari Walker‘s $1.7MM contract for the upcoming season, according to Sean Highkin of Rose Garden Report (Twitter link). The team faced a July 20 deadline to decide whether or not to keep Walker’s salary on the books.

[RELATED: Early NBA Salary Guarantee Dates For 2023/24]

According to Highkin, the decision to guarantee Walker’s salary was a formality after the forward’s strong showing in Las Vegas this month. In five Summer League games, Walker averaged 12.4 points and 9.0 rebounds while shooting 62.9% from the floor.

The Blazers selected Walker, a forward out of Colorado, in the second round (No. 57 overall) in the 2022 NBA draft. He averaged 3.9 points and 2.3 rebounds in 56 games as a rookie.

Walker didn’t play much for most of the season, but closed the year on a high note after the Blazers shut down many core rotation pieces. In his final 10 appearances of the season, he averaged 9.4 points and 3.9 rebounds in 21.8 minutes per contest.

Portland appears to think highly of Walker, having opted to keep him around on a standard contract for a second straight season. Since the inception of the two-way contract, many late second round picks begin their careers on two-way pacts rather than standard deals. The Trail Blazers signed Walker to a standard contract despite him being the second-to-last pick in the 2022 draft. Now, he appears locked in to a 15-man roster spot and a potential rotation role for the upcoming season.

Walker has a non-guaranteed contract for the 2024/25 season at $2.01MM, which would become fully guaranteed on July 20, 2024. He’ll become eligible for restricted free agency in 2025 if he’s not extended before then.

Portland now has 12 players on guaranteed standard contracts and another, Jeenathan Williams, on a non-guaranteed standard contract. Williams’ $1.7MM non-guaranteed salary becomes fully guaranteed on Aug. 1. The Trail Blazers also have two players on two-way contracts (John Butler and Ibou Badji).

Latest On Christian Wood

The Lakers are in the market to add another big man to their roster and, on paper, free agent forward Christian Wood makes the most sense, according to Dan Woike of the Los Angeles Times.

However, Woike writes that factors outside of the Lakers’ control could determine Wood’s landing spot. According to Woike, the Bulls are viewed as a “potential threat” to sign Wood to a contract after being granted a $10.23MM disabled player exception due to point guard Lonzo Ball‘s season-ending knee injury.

Woike adds that the Lakers are only able to offer the veteran’s minimum – worth $2.7MM for a player with seven years of service time – which is significantly less than what Chicago can offer.

Wood is Hoops Rumors’ highest-ranked remaining unrestricted free agent who has yet to agree to a deal. Despite averaging 16.6 points in 67 games (17 starts) last season for the Mavericks and at least 13.0 points per game every year since 2019, Wood is still unsigned nearly three weeks after free agency began.

We have more on Wood:

  • While the Lakers are looking for additional frontcourt depth, they are being picky about what kinds of bigs they’re targeting. “We don’t want to sign someone who replicates the skills that Jaxson Hayes has,” Lakers general manager Rob Pelinka said. “So if we can diversify the big position and have different looks, that would be good.” Woike adds that Wood fits that bill and has a skill set that could complement Anthony Davis and LeBron James. In the last three seasons, Wood averaged 18.1 points and shot 38.1% from three. Other floor-spacing big men are available, Woike writes, but there aren’t many with as much upside as Wood. While Bismack Biyombo has previously been mentioned as a Lakers option, the team may ultimately view his skillset as too similar to Hayes’. Other unrestricted free agent bigs who could be in line for minimum deals include JaMychal Green, Blake Griffin and Markieff Morris.
  • The Lakers have done “significant background work” on Wood, according to Woike. Head coach Darvin Ham and Wood overlapped in the 2018/19 season when Wood played with the Bucks for 13 games. Anthony Davis played with Wood in New Orleans at the end of the ’18/19 season and Lakers assistant JD DuBois was with Wood in Detroit in 2019/20.
  • The Heat could be suitors for Wood’s services, according to Woike. Miami is still in a holding pattern with remaining free agents while it pieces together a potential Damian Lillard trade offer, but if the Heat land Lillard, Wood makes sense as an impact free agent signing who could play big minutes. The Heat were rumored to be in on floor-spacing big Dario Saric before he signed with the Warriors.
  • While teams love Wood’s offensive play, there are reasons he is still available, potentially on a veteran’s minimum. According to Woike, sources around the league point to Wood’s subpar defensive contributions, despite his impressive 1.1 blocked shots per game last season. There also may be a disconnect between what Wood thinks his value is and what teams think his value is, Woike writes, along with concerns related to his professionalism. Even though their roster could use a floor-spacing big man, the Mavericks didn’t attempt to bring back Wood after trading a first-round pick for him last summer.

Contract Details: Yurtseven, Micic, Jones, Craig, Banton, Bazley, Petrusev

The Jazz‘s deal with Omer Yurtseven is a two-year contract that features a partial guarantee for 2023/24 and is non-guaranteed in ’24/25, according to Michael Scotto of HoopsHype (Twitter link).

As previously reported, Yurtseven’s first-year salary is $2.8MM. His partial guarantee for the coming season is worth half that amount ($1.4MM), tweets Yossi Gozlan of HoopsHype. The big man’s deal has a descending structure, Hoops Rumors has learned, so assuming he remains under contract through the first year, his cap hit for ’24/25 will dip to $2.66MM.

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

  • Vasilije Micic‘s three-year, $23.5MM contract with the Thunder includes a team option in the third year, league sources tell Michael Scotto of HoopsHype (Twitter link).
  • The Spurs signed Tre Jones to a two-year contract with a descending structure, Hoops Rumors has learned. The guaranteed base salaries are worth approximately $9.9MM and $9.1MM, for a total of $19MM. Jones can earn an extra $1MM in unlikely incentives to increase the total value of the deal to $20MM.
  • Torrey Craig‘s two-year deal with the Bulls, which includes a second-year player option, is for the veteran’s minimum.
  • Dalano Banton‘s two-year, minimum-salary contract with the Celtics is partially guaranteed for $200K in 2023/24. His guarantee will increase to a little over $1MM (50% of his salary) if he remains on the roster beyond the first day of the regular season. His second year is a team option.
  • Darius Bazley‘s one-year, minimum-salary deal with the Nets is non-guaranteed. He’ll receive a $200K partial guarantee if he makes the opening-night roster. That partial guarantee would increase to $700K if he’s still under contract beyond December 15.
  • The Sixers signed Filip Petrusev to a two-year, minimum-salary contract that is non-guaranteed in the second season. The first year is partially guaranteed for $559,782, which is half of the rookie minimum (and the equivalent of the full-season salary for a player on a two-way contract).

Thunder Sign Mark Daigneault To Contract Extension

The Thunder have signed head coach Mark Daigneault to a contract extension, the team announced today in a press release.

Oklahoma City didn’t provide any specific details on how long the new agreement will keep Daigneault under contract, simply referring to it as a “multiyear” deal.

Daigneault, 38, worked under Billy Donovan as a graduate student at Florida, then joined him as an assistant on the Gators staff from 2010-14 before making the move to OKC. He was the head coach of the Oklahoma City Blue – the Thunder’s G League affiliate – for several seasons while also serving as an assistant on Donovan’s staff with the NBA club in 2016 and again in 2019/20.

Following Donovan’s exit for Chicago in 2020, the Thunder promoted Daigneault to head coach. While his 86-150 (.364) record across three seasons doesn’t look great on paper, the rebuilding club has shown real signs of progress under Daigneault, particularly in 2022/23 — OKC went 40-42 during the regular season and won a play-in game in New Orleans before losing out on the No. 8 seed by dropping a second play-in contest in Minnesota.

Daigneault, who was the runner-up to Mike Brown in Coach of the Year voting this spring, will be tasked going forward with turning an ascendant team led by Shai Gilgeous-Alexander, Josh Giddey, Jalen Williams, Luguentz Dort, and Chet Holmgren into a legitimate contender.