2023 July | Hoops Rumors

Contract Details: Crowder, Grant, Powell, Green, Lewis

July 10th, 2023 at 2:16pm CST by Rory Maher

Jae Crowder‘s new one-year contract with Milwaukee is for the veteran’s minimum, league sources tell Eric Nehm of The Athletic (Twitter link).

The Bucks held Crowder’s Bird rights, so they could have given him any salary up to his maximum. Obviously he was never going to receive anything close to $47.6MM next season, but it’s still interesting that he accepted such a significant pay cut after making $10.2MM in 2022/23.

Crowder just completed his 11th NBA season. As our list of minimum salaries for ’23/24 shows, the 33-year-old will earn about $3.2MM on his new deal, while the Bucks will carry a $2MM cap hit.

Here are more contract details from around the NBA:

Jerami Grant received the most lucrative contract in free agency in terms of total value, earning $160MM over five years to stay with the Trail Blazers. The fifth year of Grant’s deal is a player option, tweets Michael Scotto of HoopsHype.
Center Dwight Powell re-signed with the Mavericks as a free agent, inking a three-year, $12MM deal. Similar to Grant, Powell has a player option for the final season, per ESPN’s Tim MacMahon (Twitter link). Powell reportedly drew interest from Houston, but decided to stay with Dallas.
Jeff Green‘s two-year contract with the Rockets features a non-guaranteed team option in 2024/25 and $1.6MM per season in bonuses that are considered likely to be achieved, sources tell Scotto (via Twitter). That means Green’s annual cap hits will be $9.6MM. ESPN’s Bobby Marks was first to report that the original terms of Green’s contract agreement had been amended, with Houston using cap room to sign the veteran forward.
The Lakers signed second-rounder Maxwell Lewis to a standard four-year contract using the new second-round pick exception, reports Khobi Price of The Southern California News Group (Twitter link). Lewis will receive guaranteed salaries of $1.1MM as a rookie next season (the minimum) and $1.4MM in ’24/25. Sources tell Price the third year of the contract is partially guaranteed for $100K, while the fourth and final season is a team option.

Nets Guaranteeing Royce O’Neale’s Contract

July 10th, 2023 at 12:52pm CST by Rory Maher

The Nets are guaranteeing Royce O’Neale‘s $9.5MM contract for 2023/24, league sources tell Michael Scotto of HoopsHype (Twitter link).

O’Neale’s contract for next season had a partial guarantee of $2.5MM. As our tracker of early salary guarantee dates shows, Brooklyn had until today to determine whether or not to guarantee his full $9.5MM salary. According to Scotto, the Nets are keeping him around, which isn’t a surprise.

A veteran forward who played internationally for a few seasons after going undrafted out of Baylor, O’Neale got his NBA start with Utah, spending five seasons with the Jazz until they traded him to the Nets last summer.

The 30-year-old appeared in 76 games (53 starts, 31.7 MPG) last season, averaging 8.8 PPG, 5.1 RPG, 3.7 APG and 0.9 SPG on .386/.389/.725 shooting.

O’Neale’s name has popped up in trade rumors over the past few weeks, and guaranteeing his mid-sized expiring contract means the Nets will be able to continue to explore the possibility of moving him, if they so choose.

Hornets Notes: Washington, Bouknight, Nnaji, Smith

July 10th, 2023 at 11:59am CST by Arthur Hill

P.J. Washington is willing to consider accepting his qualifying offer if he can’t reach an agreement on a new contract with the Hornets, sources tell Sean Deveney of Heavy.com. Some progress has been made in negotiations, according to Deveney’s sources, but the team still hasn’t offered a number that would convince Washington to commit to a long-term deal. Accepting the $8.5MM QO would make him an unrestricted free agent in 2024.

Washington is the best player on our list of the top 50 free agents who remains unsigned. He reclaimed his role as a full-time starter last season and averaged a career-best 15.7 PPG in 73 games.

Teammate Miles Bridges accepted his $7.9MM qualifying offer after originally seeking a new deal starting at $20MM per season, so the Hornets could have more money than expected to offer Washington, Deveney adds. Charlotte might be reluctant to have both Washington and Bridges on the open market next summer, and Deveney points out that the new ownership group may also work in Washington’s favor.

There’s more on the Hornets:

James Bouknight has been spending a lot of time in the weight room as he tries to earn a spot in the team’s rotation, writes Roderick Boone of The Charlotte Observer. Bouknight was a lottery pick in 2021, but he h as only played in 65 combined games during his first two seasons. He hopes to impress the coaching staff with his approach to the game during Summer League. “I’m not going out there and trying to score 20 points, 30 points,” Bouknight said. “I’m just going out there and working on the stuff that we need to use during the season. Continue to be in the right spots on defense — whether it’s making the right pass, making the right decision. Just working on what we need during the year.”
James Nnaji‘s debut was delayed while he awaited his international clearance from FIBA, Boone adds. The second-round pick missed Charlotte’s first three practices and its first game at the California Classic while waiting for the clearance to be approved. “It was frustrating because I thought FIBA could write it and give it right away,” Nnaji said. “But they were delayed the whole time, and it was out of my control.”
The Hornets feel fortunate that they were able to grab Nick Smith Jr. with the 27th pick after concerns about his knees caused him to slide, per Matt Ryan of The Charlotte Observer. Summer League head coach Marlon Garnett has been impressed with Smith’s work ethic. “I would much rather have a guy like that,” Garnett said, “that you have to tone down a little bit so he can channel all that energy and make sure he’s in the right place at the right time, that he’s not getting spread out in situations, than to have somebody who maybe comes off as really lazy and casual and you got to kind of like amp him up.”

Pacific Notes: Paul, LeBron, Davis, Reddish, Queta

July 10th, 2023 at 11:00am CST by Arthur Hill

Chris Paul doesn’t know what his role with the Warriors will be, but he seems ready for anything the team asks him to do, writes Kendra Andrews of ESPN. The 38-year-old point guard said he hasn’t talked to coach Steve Kerr or any other Golden State officials about how he’ll be used in a backcourt that already features Stephen Curry and Klay Thompson. There’s a chance he might come off the bench for the first time in his long career.

“At the end of the day, it’s basketball,” Paul said. “I’m going into a situation with a bunch of guys who’ve been playing together for a long time. I’m not as worried about it as everybody else is. … We’ll figure all of that stuff out at camp. You don’t have the answers right now. We’ll practice, and I’m sure there will be things I’ve got to learn about them, they’ve got to learn about me, but that’s the case with any team.”

Paul admitted being surprised by the offseason deals that sent him from the Suns to the Wizards and then the Warriors. He had a brief workout Sunday with Curry as the long-time rivals practiced together for the first time in 14 years.

“There are times when you get a chance to reflect,” Paul said. “Even working out today, we were laughing. … It’s a great opportunity and a blessing to be doing this at our age, because he ain’t young either.”

Paul only has one guaranteed year left on his contract, but when asked if he plans to continue playing beyond next season, he responded, “No question,” tweets Anthony Slater of The Athletic.

There’s more from the Pacific Division:

Lakers general manager Rob Pelinka has been encouraged by the progress of LeBron James and Anthony Davis, who both played through injuries in the postseason, per Jovan Buha of The Athletic. Pelinka told reporters he can’t address the specifics of an extension for Davis, who will become eligible for a new deal on August 4, but he spoke highly of what the big man has contributed to the team.
The Lakers are hoping assistant coach Chris Jent will bring out the best in free agent addition Cam Reddish, Buha adds. Jent was an assistant with the Hawks when Reddish broke into the league. “I think all the tools are there for Cam,” Pelinka said. “… “This was someone who was a (top-10) pick in the draft just a few years ago. So it’s there, and I’m excited for him to show it.”
Neemias Queta is willing to accept a two-way contract for the third straight season if it keeps him on the Kings‘ roster, according to Jason Anderson of The Sacramento Bee. Queta is currently a restricted free agent after receiving a $2MM qualifying offer from the team last month. That QO only includes a small partial guarantee.

Raptors Notes: Siakam, Anunoby, Dick, Wieskamp

July 10th, 2023 at 10:00am CST by Arthur Hill

Pascal Siakam‘s absence from the Raptors‘ Summer League games could be an indication that his time with the franchise is close to an end, writes Michael Grange of Sportsnet.ca. Las Vegas is typically a gathering place for established NBA players during Summer League action, but Siakam has stayed away amid rumors that he might be dealt soon and Toronto’s refusal to engage in extension talks.

The Hawks have been linked to Siakam and the Pacers have contacted the Raptors as well, sources tell Grange. Toronto officials are still exploring what they might be able to get in return for the 29-year-old forward, but they would prefer to close a deal fairly quickly, according to Grange.

Grange adds that even if Siakam is moved, it won’t be the start of a complete rebuild. Trading Siakam won’t make the Raptors any more likely to part with OG Anunoby, and sources tell Grange that teams who inquire about Anunoby shouldn’t expect to have their calls returned.

There’s more on the Raptors:

Gradey Dick hasn’t lived up to his reputation as a shooter during his first two Summer League outings, but he’s been able to contribute in other ways, observes Eric Koreen of The Athletic. The lottery pick is just 8-for-25 in Las Vegas, but he’s an active cutter and rebounder and seems to know how to get to the basketball. “He’s got an all-around game. I know he came in as a shooter.” Summer League coach Pat Delany said. “That’s what he does. It’s a strength of his. But I also think, too, there are other things that he does offensively as well — the passing, the cutting, the movement without the ball.”
After losing Fred VanVleet with nothing in return, the Raptors have to make sure they’re not in the same position with their free agents next summer, Koreen adds in a separate story. He points out that Siakam and Anunoby will be two of the top names on the 2024 market if they aren’t traded or extended before then.
Joe Wieskamp is literally fighting for his job at Summer League, notes Doug Smith of The Toronto Star. The 23-year-old swingman, who signed with Toronto in February, recently agreed to move the guarantee date for his $1.927MM salary for next season from June 29 to July 18. “They saw me throughout the season,” Wieskamp said. “I was there for three months, playing with the G League, in practices with (the Raptors) every day, even though I didn’t get too many opportunities with the Raptors on the main floor. But they’ve seen my game a lot. It’s just an accumulation of things and they just want to keep seeing more of me. I’ve just got to keep doing what I’m doing.”

Atlantic Notes: Embiid, Harden, Lillard, Reed, Wall, Knicks

July 10th, 2023 at 8:59am CST by Arthur Hill

Sixers center Joel Embiid admitted being disappointed in James Harden‘s trade request during an interview Sunday with Rachel Nichols of Showtime (Twitter link). Embiid also said he understands that it’s the “business” side of the league and expressed hope that Harden’s “mindset can be changed.”

It was Embiid’s first public comment on the situation since Harden expressed a desire to be traded after deciding to pick up his $35.6MM option for next season. The Clippers are reportedly his preferred destination, although there has been little indication of any progress in trade talks.

Embiid also said he and Harden will remain friends no matter what happens with the trade request, but he would like to have him stay in Philadelphia and see what they can accomplish under new head coach Nick Nurse.

There’s more from the Atlantic Division:

The Sixers don’t have the assets for a Damian Lillard trade, even if president of basketball operations Daryl Morey decides to include Tyrese Maxey in his offer, argues David Murphy of The Philadelphia Inquirer. Murphy points out that recent trades involving the NBA’s top stars have involved parcels of draft assets, which Morey doesn’t have available. The Sixers are limited to offering one future first-round pick, plus four pick swaps, which is unlikely to interest a team like the Trail Blazers, who will be hoping to build around young talent if they move Lillard.
The decision to match Utah’s offer sheet for Paul Reed leaves the Sixers $6.6MM over the tax threshold with 13 players holding guaranteed contracts, tweets Bobby Marks of ESPN.
The Celtics were among the teams that attended John Wall‘s private workout Sunday in Las Vegas, tweets Kelly Iko of The Athletic. However, Brian Robb of MassLive doesn’t see Wall as a good fit in light of the team’s recent moves. Boston signed free agent point guard Dalano Banton this summer and already has Derrick White, Malcolm Brogdon and Payton Pritchard on the roster. The Celtics are already facing a significant tax bill, Robb adds, and any free agent addition would bring millions more in tax penalties. Iko identifies the Trail Blazers as another team that sent representatives to watch Wall.
Knicks officials were at a private workout for free agents Alize Johnson and Ben McLemore, according to Ian Begley of SNY.tv (Twitter link). Johnson played four games for the Spurs last season before being waived in December, while McLemore most recently played in China.

Lakers Considering Christian Wood, Bismack Biyombo In Search For Backup Big Man

July 10th, 2023 at 7:56am CST by Arthur Hill

Lakers general manager Rob Pelinka said the team hopes to add another big man this summer, and sources tell Jovan Buha of The Athletic that Christian Wood and Bismack Biyombo are among the names under consideration.

L.A. also had interest in Dario Saric before he signed with the Warriors over the weekend, Buha adds.

The Lakers already picked up former Pelicans center Jaxson Hayes on a two-year deal. During a session with reporters on Sunday, Pelinka indicated that the team plans to use more two-big lineups, which were effective during its championship run in 2020.

“I think adding Jaxson Hayes was key to that,” Pelinka said. “I think Jaxson, much like maybe Dwight Howard in that stretch for us: big body, rim protector, active roller. … But we are looking to add an additional center as well.”

Hayes received a minimum-salary contract with a player option for the second season. Whoever else the Lakers add will probably get the same type of deal, although Buha notes that L.A. has some flexibility because it didn’t use its full non-taxpayer mid-level exception to sign Gabe Vincent.

Vincent’s salary for next season is projected at $10.5MM, about $1.9MM below the MLE, allowing the Lakers to use the remaining money for another roster addition, either during the summer or later on. At this point, $1.9MM is below the minimum salary for a veteran player, but that won’t be the case later in the season when minimum deals are prorated.

“With the new CBA, eventually, you’re able to use the mid-level tool even for trades,” Pelinka said. “Not quite yet. But we were intentional about keeping some space and using that. It could come in handy. For instance, in the buyout market.”

In addition to Hayes and Vincent, the Lakers signed Taurean Prince and Cam Reddish this offseason and drafted Jalen Hood-Schifino and Maxwell Lewis. That leaves the team with 13 players, and the plan is to carry 14 when the season begins.

Wood, an offensive-minded big man, averaged 16.6 points and 7.3 rebounds for the Mavericks last season. Biyombo, who spent the past two years as a backup with the Suns, is more of a rim protector and rebounder with a limited offensive game.

Sixers Match Jazz’s Offer Sheet To Paul Reed

July 9th, 2023 at 9:39pm CST by Dana Gauruder

The Sixers are matching the Jazz‘s offer sheet to restricted free agent Paul Reed, ESPN’s Adrian Wojnarowski tweets. Philadelphia put out a press release confirming the decision.

Utah offered a unique three-year, $23MM contract to Reed, who was Joel Embiid‘s primary backup last season.

Only the first year of the contract is guaranteed. The Jazz used their $7.7MM room exception to complete Reed’s offer sheet.

The last two years of the contract, totaling $15.7MM, will become guaranteed if the Sixers reach the conference semifinals next season. The same unusual contract clause of reaching the conference semifinals would have applied to the Jazz if Philadelphia had declined to match.

Considering that the Sixers have gotten past the first round in five of the last six seasons, it’s more likely they will advance past the first round next season than the Jazz — though Utah is on the upswing after shaking up its roster last offseason.

The approach used by the Jazz certainly gave Philadelphia more pause to match the offer sheet but the team ultimately decided to hold onto a valuable reserve.

By matching, the Sixers have created more luxury tax issues for themselves. They’ll exceed the $165MM luxury tax threshold at a cost of an estimated $14MM in tax penalties. Reed will also have the option to veto trades for a year, due to the Sixers’ decision to match.

The Sixers now have a crowded frontcourt behind Embiid after agreeing to re-sign Montrezl Harrell and signing free agent Mohamed Bamba.

Reed saw his role expand in his third NBA season as he averaged 4.2 points and 3.8 rebounds in 69 regular-season games.

Hawks Sign Dejounte Murray To Four-Year Extension

July 9th, 2023 at 9:01pm CST by Luke Adams

JULY 9: The signing is official, according to a team press release.

“DJ is someone we want to continue to build with. He’s a dynamic talent with the heart of a leader. He leads by example, is an unselfish teammate, and truly cares about winning,” Hawks GM Landry Fields said.

JULY 7: Murray’s deal will include a fourth-year player option, per Shams Charania of The Athletic.

JULY 6: The Hawks and Dejounte Murray are finalizing an agreement on a four-year contract extension, league sources tell Chris Haynes of Bleacher Report and TNT (Twitter link).

Murray, who is on an expiring contract, will earn a base salary of approximately $17.7MM in 2023/24, with $500K in likely incentives and another $1MM in unlikely incentives. The NBA’s new Collective Bargaining Agreement allows a first-year raise of up to 140% of the player’s previous salary in the first year of an extension, and it sounds like Murray will receive that maximum raise.

Based on a 40% first-year increase, Murray’s new deal would have a base value of approximately $111MM, with nearly $10MM in additional incentives. If he achieves all his bonuses, the four-year contract would max out at around $120.5MM.

There was a sense that Murray might wait until he reached unrestricted free agency in 2024 to sign a new deal, since he’ll be eligible for a far bigger payday at that time. The fact that he’s willing to lock in an extra four years now is a big win for the Hawks, who gave up three first-round picks (two unprotected) and a pick swap to acquire the guard from the Spurs last offseason.

Reports at the time of the trade suggested that San Antonio was concerned about its ability to extend Murray prior to free agency. Jake Fischer of Yahoo Sports indicated on Wednesday that the Hawks were increasingly optimistic about their own chances of working out a new deal.

In his first year in Atlanta, Murray averaged 20.5 points, 6.1 assists, and 5.3 rebounds in 36.4 minutes per game across 74 contests. He shot a career-best 46.4% from the field, including 34.4% on three-pointers, and provided his usual solid perimeter defense alongside Trae Young in the Hawks’ backcourt.

There were rumors earlier in the offseason that the Hawks were willing to discuss trading anyone except Young, but a new extension for Murray will officially take him off the trade market for the rest of 2023. Never considered a legitimate candidate to be moved this summer, the 26-year-old will become ineligible to be dealt for six months once he signs his new extension.

Central Notes: Toppin, Fall, Terry, Dobner

July 9th, 2023 at 8:53pm CST by Dana Gauruder

Obi Toppin is happy that he can wipe the slate clean with another franchise, Stefan Bondy of the New York Daily News writes.

Toppin was traded by the Knicks to the Pacers after being limited to 15 starts in 201 games through three seasons. He only averaged 14.7 minutes per game after being the eighth overall pick of the 2020 draft.

“I didn’t get the minutes I wanted. But now it’s a fresh start. I’m here in Indy,” he said. “I got to work for everything I want. And I’m super excited to start.”

The Knicks received two future second-rounders in the deal.

We have more from the Central Division:

Tacko Fall is on the Bucks’ Summer League roster, hoping to get another shot to play in the league during the regular season. The 7’6” Fall spent last seasons in China. “When you know what you’re capable of, you’ve just got to keep going until you hit it, and that’s pretty much what I’m doing right now,” he told Steve Bulpett of Heavy.com. Fall has appeared in a total of 37 NBA games with Boston and Cleveland.
Dalen Terry, the No. 18 pick of the 2022 draft, blanketed Toronto rookie Gradey Dick during the Bulls’ Summer League opener on Friday. It’s exactly the type of growth Chicago’s staff wants to see from Terry, Darnell Mayberry of The Athletic writes. “I love that type of energy and effort and accountability to want to be great defensively,” Summer League coach John Bryant said. “Let’s see how it continues. I think he’s a great defender. I think he has the ability to be a great, consistent defender.”
Sidney Dobner confidently stated her case to new Bucks head coach Adrian Griffin and that helped her become the franchise’s first female assistant coach, according to Ben Steele of the Milwaukee Journal Sentinel. She was Milwaukee’s first female video coordinator last season. “I reached out to Coach Griff and shot my shot a little bit,” she said. “The NBA moves fast and sometimes you just got to take hold of your opportunity. Just presented the idea to him and it sounded like he was really on board, and next thing you know I was being announced as an assistant coach.”

Month: November 2024