2023 July | Hoops Rumors

Jerami Grant Signs Five-Year Deal With Trail Blazers

July 9th, 2023 at 7:05pm CST by Rory Maher

JULY 9: Grant has officially signed the contract, the team tweets.

JUNE 30: Jerami Grant is re-signing with the Trail Blazers, having agreed to a five-year, $160MM contract, sources tell Shams Charania of The Athletic (Twitter link).

Grant reportedly turned down a four-year extension worth nearly $113MM from Portland during the 2022/23 league year. According to Jake Fischer of Yahoo Sports, a primary reason the veteran forward decided to wait until free agency was to add the fifth year onto the end of the deal, significantly increasing its total value (Twitter link).

As Yossi Gozlan of HoopsHype tweets, Portland projects to be $21MM below the luxury tax line when accounting for Grant’s new contract. The Blazers will still have the non-taxpayer mid-level exception (which starts at $12.4MM) and a $8.3MM trade exception at their disposal in an effort to build around star Damian Lillard, Gozlan adds.

Grant is in the middle of his prime and was one of the top free agents in the 2023 class. The 28-year-old combo forward averaged 20.5 PPG, 4.5 RPG, 2.4 APG, 0.8 SPG and 0.8 BPG on .475/.401/.813 shooting in 63 games last season (35.7 MPG).

While Grant is a talented two-way player who brings valued versatility, a five-year deal worth $32MM annually is obviously an enormous commitment — both in years and dollars — to a player who has never been an All-Star.

Grant is a developmental success story, slowly working his way up the ranks with the Sixers, Thunder and Nuggets before breaking out as a 20-point scorer with the Pistons, who traded him to Portland last summer. He entered the NBA with a poor jump shot, but has continued to improve his game year-over-year.

Grant is the third former second-round pick (39th overall in 2014) to land a nine-figure deal this summer, joining Draymond Green and Khris Middleton.

Celtics Sign JD Davison To Two-Way Deal

July 9th, 2023 at 7:03pm CST by Dana Gauruder

The Celtics have signed guard JD Davison to a two-way contract, according to a team press release.

Davison was chosen in the second round of the 2022 draft (No. 53 overall). He was on a two-way deal last season and appeared in 12 games during his rookie campaign, averaging 1.6 points and 0.9 assists in 5.5 minutes. Boston extended a qualifying offer to Davison last month, making him a restricted free agent.

Davison spent most of last season in the G League with the Maine Celtics. He appeared in 44 games and averaged 13.2 points, 4.5 rebounds, 7.7 assists, and 0.8 steals while shooting 49.7 percent from the field.

Davison attended Alabama during his college career and he’s still just 20 years old. He played just one season for the Crimson Tide, averaging 8.5 points, 4.8 rebounds and 4.3 assists per game and earning a spot on the SEC All-Freshman Team.

The Celtics still have two other two-way spots available.

Contract Details: Brooks, Bane, DiVincenzo, Ball, Clarkson

July 9th, 2023 at 6:48pm CST by Dana Gauruder

Dillon Brooks will receive even more money from the Rockets, thanks to their complex five-team sign-and-trade, ESPN’s Adrian Wojnarowski tweets.

Brooks’ four-year, front-loaded contract agreement with Houston was originally reported to be worth $80MM. He’ll now receive at least $86MM through the life of the contract and can reach $90MM if he reaches certain incentives.

The sign-and-trade involving Memphis, Houston, and three other teams was finalized on Saturday.

The four guaranteed years are spread out in this fashion: $22.6MM next season; $22.3MM on 2024/25; $21.1MM in 2025/26; and $20MM in 2026/27, ESPN’s Bobby Marks tweets.

We have more contract-related news:

The five-year rookie scale extension that the Grizzlies gave Desmond Bane isn’t quite a max contract because it includes some incentives. Bane will receive $197.2MM in guaranteed money and can make an additional $8.7MM if he reaches certain incentives, Tim MacMahon of ESPN tweets.
Unlike Brooks, Donte DiVincenzo‘s four-year contract with the Knicks includes typical raises. He’ll receive $10.9MM next season; $11.4MM in 2024-25; $12MM in 2025-26; and $12.5MM in 2026/27, Fred Katz of The Athletic tweets. The contract, which is guaranteed for $47MM, also includes $750K per year in unlikely bonuses, including Defensive Player of the Year, Most Valuable Player, Most Improved Player, Sixth Man of the Year and All-NBA.
LaMelo Ball‘s five-year max designated rookie extension with the Hornets doesn’t include a player option, Michael Scotto of HoopsHype tweets. The pact does, however, feature a 15% trade kicker.
Jordan Clarkson renegotiation and extension deal with the Jazz begins with a salary of $23.5MM for next season, MacMahon tweets. It drops down to $14.1MM in 2024/25 and inches up to $14.3MM for the 2025/26 season. The contract also has $1.1MM in incentives.

Pistons Notes: Thompson, Duren, Ivey, Sasser

July 9th, 2023 at 5:29pm CST by Dana Gauruder

Lottery pick Ausar Thompson didn’t score much in his Summer League debut but his all-around contributions showed why the Pistons were thrilled he was available with the fifth pick, Keith Langlois of Pistons.com writes.

Thompson had seven points, nine rebounds, three blocked shots, three assists and a steal against Orlando on Saturday.

“At the core of him, he makes winning plays,” Summer League coach Jarrett Jack said. “Fifty-fifty balls, trench rebounds, cutting, pushing the basketball, making the extra pass, sacrificing himself in some instances to cut so somebody can get the extra pass on the back side – that’s something you can’t teach. I’m excited for his growth.”

His athleticism impresses even some of the most athletic members of the team.

“He just … floats,” guard Jaden Ivey said. “A layup, you could just tell. It’s something different about him that I’ve never seen before. It’s like he floats in the air when he jumps. A lot of my teammates have seen it and noticed it.”

We have more on the Pistons:

Second-year center Jalen Duren showed a new dimension in the same game, as he attempted two 3-pointers and made one, Rod Beard of the Detroit News notes. He was also very aggressive around the rim, which led to 10 free throw attempts. Duren finished the game with 17 points and eight rebounds.
Ivey admits the amount of games and the pile of losses the team endured last season weighed on him, he told James Edwards III of The Athletic. He’s hopeful that his second season will be much different. “This past season was hard. I’d never been through a season where you lose so many games and play so many games. We, obviously, only ended up winning 17 games. I think about that a lot because it’s really embarrassing to win just 17 games. … The ups and downs individually, all of the losses, I think that’ll all help me for Year 2. … I’m really excited to get started with Monty (Williams) here, to learn from him and all the coaches, which I have been. I’ve been training, really, in Detroit all summer.”
Kelvin Sampson, Marcus Sasser‘s coach at the University of Houston, said the late first-round pick will provide the Pistons with an offensive spark. “He can score at all three levels,” Sampson told Omari Sankofa II of the Detroit Free Press. “He’s obviously an outstanding 3-point shooter but he also has a really good float game, outstanding free throw shooter. He’s a good defensive player but he’s a better offensive player than defensive player. Detroit didn’t draft him because he’s a good defender. They drafted him because he can score.”

Warriors Notes: Curry, Draymond, Saric, Paul, Myers

July 9th, 2023 at 3:59pm CST by Alex Kirschenbaum

A galvanizing Stephen Curry speech made to rally his Warriors ahead of an eventual Game 7 victory against the Kings in this year’s first round informed the team’s eventual summer ethos, writes Tim Kawakami of The Athletic.

Kawakami argues that all of the team’s front office moves since that moment, as conducted by new GM Mike Dunleavy Jr., stem from its impact. Golden State’s offseason thus far has been highlighted by its decisions to re-sign All-Defensive big man Draymond Green, move on from pricey sixth man Jordan Poole in favor of a potential one-year Chris Paul rental, and generally lean on veteran depth a bit more than the club did last year.

There’s more out of Golden State:

Head coach Steve Kerr is relishing the chance to coach Green again on the Warriors this season, per Brian Windhorst of ESPN. “We’re really excited to have Draymond back,” Kerr said. “Given that he plays so well with Steph and Klay [Thompson], it was really a no-brainer to try to bring him back.”
The Warriors also made a move to shore up their front line, agreeing to sign veteran floor-spacing big man Dario Saric to a one-year, minimum deal. Anthony Slater of The Athletic and Monte Poole of NBC Sports Bay Area consider the 6’10” vet to be a decent bench defender in addition to his three-point shooting abilities.
In a conversation on the flagship ESPN program SportsCenter (YouTube video link), Curry reflected on the addition of longtime rival Paul onto the team’s roster, as well as the subtraction of longtime GM Bob Myers, who left the Warriors this summer.

Southwest Notes: Wembanyama, Kareem, Bane, Pelicans

July 9th, 2023 at 3:25pm CST by Alex Kirschenbaum

The Spurs’ prized 2023 draft pick, power forward Victor Wembanyama, may not be a superstar immediately when his rookie year begins, but San Antonio will need to give him a long leash, notes Jake Fischer of Yahoo Sports.

The 7’4″ big man submitted a middling first Summer League game against the Hornets, scoring nine points on 2-of-13 shooting from the floor and pulling down eight boards. Fischer notes that Wembanyama will be playing against veteran pros who could weigh as much as 60 pounds more than him. Adding muscle and improving his jump shooting could be the keys to his long-term growth.

There’s more out of the Southwest Division:

Wembanyama recently received some advice from one of the other most highly-touted NBA prospects ever, Hall of Fame Bucks and Lakers center Kareem Abdul-Jabbar, at the first ever NBA Con in Las Vegas, writes Jeff Maillet of The Athletic. “We were overcoached,” Abdul-Jabbar opined about his own era of players. “I wanted to bring the ball up (like Wembanyama did in his summer-league opener) but wasn’t allowed to. If I did, I would’ve had splinters in my ass (from sitting on the bench).” The first-year Spurs big man will certainly have the option of running more plays himself than Abdul-Jabbar did in his era.
Signing Grizzlies shooting guard Desmond Bane to a five-year, $200MM+ contract extension was a fairly straightforward choice for the Memphis front office brain trust, writes Damichael Cole of The Memphis Commercial Appeal. “He is what we’re about and what we’re pushing for together,” team president Zach Kleiman said. “We want people who are wired like Des driving us to get there, so [not] the most complicated decision on our end.”
The Pelicans are kicking off a crucial 2023/24 run without huge personnel adjustments, writes Christian Clark of NOLA.com. Clark notes that, though the Pelicans potentially had the assets to trade up for the draft rights to now-Trail Blazers point guard Scoot Henderson, the team reportedly never made an offer. Clark observes that, under team president David Griffin‘s guidance for the past four years, the team has never had better than the ninth-best record in the West. The team did make the playoffs in 2022 thanks to a strong play-in contest showing, but the health issues of stars Zion Williamson and Brandon Ingram seem to have impeded the club’s growth.
Within that same story, Clark reports that the Pelicans extended Griffin’s contract in the spring.

Lakers Notes: Ham, Davis, Hood-Schifino, Reaves

July 9th, 2023 at 2:00pm CST by Arthur Hill

Lakers coach Darvin Ham is feeling good about his team’s title chances after a successful offseason, writes Mark Medina of The Sporting Tribune. L.A. was able to add Gabe Vincent, Taurean Prince, Cam Reddish and Jaxson Hayes while keeping Austin Reaves, Rui Hachimura, D’Angelo Russell and Jarred Vanderbilt on team-friendly contracts.

“Our franchise has that tag of chasing down stars and trying to acquire the best possible talent across the board. But sometimes I think the way the game is trending, it’s all about cohesiveness,” Ham said. “It’s not just about winning right now. It’s about being able to win right now and have sustainability pieces.”

Ham believes having depth and the right complementary players is more important than adding a third star to LeBron James and Anthony Davis, Medina states. Ham is willing to let any battles for playing time be worked out once training camp begins.

“There’s a lot of competition in the building. We have to let all of this stuff play out.” Ham said. “We’re just cracking into July, man. We don’t have to start until October. They’ll get an answer pretty soon on September 29th.”

There’s more from Los Angeles:

Davis will become eligible for an extension on August 4, but the Lakers may be reluctant to give him the maximum amount he can earn, according to Sean Deveney of Heavy.com. Although Davis is among the league’s best players, he missed 26 games last season and health will become a bigger concern now that he has turned 30. An Eastern Conference executive speculates that the Lakers might prefer to take their chances with Davis in free agency if he exercises an early termination option after next season. “There will be a bit more money on the market in 2024,” the executive said. “That would make them nervous. But nervous enough to give (Davis) $60 million a year? I doubt that. Because the Pacers aren’t giving him $60 million per year and you do not want to bid against yourself. It’s got to be reasonable for both sides. If Davis would play ball and sign for less, two years and $80 million or something, then maybe something gets done.”
First-round pick Jalen Hood-Schifino had his lowest-scoring game of the summer on Friday, but the Lakers want him to concentrate more on play-making and especially defense, per Khobi Price of The Orange County Register. “That’s going to be his calling card early,” said Summer League coach JD DuBois. “Can you guard point of attack, get into the ball, pursue and guard without fouling? As long as he can progress in those areas, we have enough guys on offense to where he’ll be able to fit in. Defense will be that foundation for him.”
Steve Kerr’s battles with Reaves impressed the Warriors coach enough to add him to Team USA’s FIBA World Cup roster, Price adds in a separate piece. Kerr explained that he was looking for versatility, size and play-making for the international tournament, and Reaves provides all those things.

Mavericks Re-Sign Dwight Powell

July 9th, 2023 at 1:54pm CST by Arthur Hill

JULY 9: Powell has officially re-signed, the Mavericks announced (via Twitter).

JULY 1: Dwight Powell will remain with the Mavericks on a three-year, $12MM contract, tweets ESPN’s Adrian Wojnarowski. The new deal represents a significant pay cut for Powell, who earned more than $11MM in each of the last three seasons.

Dallas views Powell as part of a center platoon and a mentor for first-round pick Dereck Lively II, according to Tim McMahon of ESPN (Twitter link).

The 31-year-old big man served as Dallas’ main starting center the past two years, although he frequently played less than half the game. He averaged 6.7 points and 4.1 rebounds in 19.2 minutes per night last season while shooting a career-best 73.2% from the field.

Powell is one of the few remaining NBA players to be drafted by the Charlotte Bobcats, who took him with the 45th pick in 2014. He was traded on draft night and then was dealt two more times during his rookie season before winding up in Dallas, where he has remained ever since.

The Rockets had interest in Powell and were hoping to set up a meeting with him on Friday. However, the Mavericks were determined to re-sign Powell and were able to keep him at a bargain price.

Chris Livingston Signs Four-Year Deal With Bucks

July 9th, 2023 at 1:35pm CST by Arthur Hill

JULY 9: Livingston’s contract is now official, according to Eric Nehm of The Athletic (Twitter link).

JULY 8: The Bucks will sign Kentucky forward Chris Livingston to a four-year deal worth $7.7MM, tweets Shams Charania of Yahoo Sports. The first two years are guaranteed, Livingston’s agents tell Charania, who points out that it will be the largest contract ever given to the final pick in the draft.

Livingston was the subject of some draft-night intrigue, as Rich Paul of Klutch Sports reportedly called several teams and asked them not to select his client. Livingston appeared to have a pre-arranged deal with the Bucks, who held the 58th pick. He canceled several scheduled workouts two weeks before the draft.

The 19-year-old earned SEC All-Freshman honors during his lone season with the Wildcats. He appeared in 34 games, averaging 6.3 points and 4.2 rebounds in 22.4 minutes per night.

The signing will give Milwaukee 13 players on its standard roster — that doesn’t include an expected deal for Jae Crowder still waiting to be finalized.

Jae Crowder Signs One-Year Deal With Bucks

July 9th, 2023 at 1:08pm CST by Alex Kirschenbaum

JULY 9: Crowder’s new contract is official, tweets Eric Nehm of The Athletic.

JULY 1: Free agent forward Jae Crowder will return to the Bucks, according to Chris Haynes of Bleacher Report and TNT (Twitter link), who reports that Crowder has agreed to a one-year deal with Milwaukee.

Milwaukee shipped out five second-round draft picks to acquire the 32-year-old vet in a three-team exchange with the Suns and Nets in February.

Exact terms of the agreement have yet to be reported. In any deal with an outside free agent, the Bucks will be limited to the veteran’s minimum after having committed big money to free agent starters Khris Middleton and Brook Lopez. However, because Milwaukee possesses Crowder’s Bird rights, the team could sign him to a contract above the standard minimum.

A journeyman 3-and-D role player for several high-level postseason teams, the 6’6″ power forward appeared in 18 contests for the Bucks as a reserve last year, averaging 6.9 PPG on .479/.436/.833 shooting splits, 3.8 RPG, 1.5 APG and 0.7 SPG.

He was cut from Milwaukee’s healthy playoff rotation by former head coach Mike Budenholzer during its five-game first round series loss to the Heat. Budenholzer reinserted the Marquette alum in limited minutes after All-NBA power forward Giannis Antetokounmpo injured his back in Game 1.

The Bucks’ salary obligations have them headed for the league’s new second luxury tax apron, which means they don’t have access to the taxpayer’s mid-level exception, valued at $5MM this year, or their bi-annual exception, worth $4.5MM.

Re-adding Crowder, who served as the starting four on consecutive Finals teams in 2020 (the Heat) and 2021 (the Suns), could be the kind of buy-low move that Milwaukee needs to nail if it hopes to return to playoff glory next spring.

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