Month: November 2024

Knicks Sign Dylan Windler To Two-Way Deal, Waive Trevor Keels

JULY 26: The Knicks have confirmed the signing of Windler and the previously reported release of Keels (Twitter link).


JULY 24: The Knicks are signing free agent wing Dylan Windler to a two-way contract, agents Andy Shiffman and Mark Bartelstein tell Adrian Wojnarowski of ESPN (Twitter link).

The 26th pick of the 2019 draft, Windler spent all four of his NBA seasons with the Cavaliers, who chose not to give him a qualifying offer last month, making him an unrestricted free agent.

As Bobby Marks of ESPN observes (via Twitter), Windler would previously have been ineligible to receive a two-way contract, but a new provision in the CBA means he’s only counted as having three years of service because he missed his entire rookie season with an injury.

According to Stefan Bondy of The New York Daily News (Twitter link), even though it was reported that Nathan Knight would receive a two-way deal (and confirmed by Bondy himself), the team’s press release didn’t specify that he actually received said two-way deal. However, NBA.com’s official transactions log has Knight on a two-way deal.

Knight’s contract situation is relevant because the Knicks would have all three two-way slots filled if the big man is indeed on a two-way deal. Jaylen Martin and Trevor Keels occupy the other two-way slots, while Duane Washington could still accept his two-way qualifying offer.

A source tells Fred Katz of The Athletic that Knight is on a one-year, two-way contract, so the Knicks will have to either convert one of their players on a two-way deal to a standard contract or release someone (Twitter links).

Windler, 26, only appeared in 84 games during his time with Cleveland, including three games for just 10 total minutes in 2022/23. He holds career averages of 3.3 PPG and 2.3 RPG in 11.7 MPG.

The former Belmont star played 11 regular season games (22.2 MPG) for the Cavs’ G League affiliate (the Cleveland Charge) last season, averaging 12.2 PPG and 5.9 RPG on .523/.407/.632 shooting.

Juancho Hernangomez Joins Panathinaikos On Two-Year Deal

Juancho Hernangomez is returning to Europe after seven NBA seasons, tweets Greek basketball writer George Zakkas, who confirms that Hernangomez has signed a two-year contract with Panathinaikos.

The 27-year-old forward has been a free agent since being waived by the Raptors at the end of February when the team signed Will Barton. Hernangomez spent less than a full season in Toronto and averaged 2.9 points and 2.9 rebounds in 42 games.

There was a report earlier this month that Hernangomez might join his brother in Barcelona, but he wanted to seek another NBA opportunity before committing to playing overseas. When that didn’t happen, Hernangomez accepted the offer from Panathinaikos.

A native of Madrid, Spain, Hernangomez played four seasons for his hometown club, Estudiantes, before being drafted by Denver with the 15th pick in 2016. He was traded to Minnesota after three-and-a-half seasons with the Nuggets and later had short stays with the Celtics, Spurs and Jazz before coming to Toronto.

Hernangomez, best known to some fans of Bo Cruz in the Netflix film ‘Hustle,’ has career averages of 5.0 points and 3.3 rebounds in 339 NBA games.

Lakers Sign Alex Fudge To Two-Way Deal, Waive Cole Swider

4:51pm: The contract with Fudge is official, the Lakers announced (via Twitter).


4:33pm: The Lakers will sign Alex Fudge to a two-way contract, tweets ESPN’s Adrian Wojnarowski. They will open up a two-way slot by waiving Cole Swider, according to Michael Scotto of HoopsHype (Twitter link).

Fudge, a 20-year-old forward, put up modest numbers during his college career at LSU and Florida, averaging 4.6 and 3.9 rebounds over two seasons.

Fudge played for L.A.’s Summer League team, and although his statistics didn’t stand out, he impressed the Lakers enough with his athleticism to earn a two-way opportunity. A previous report had indicated he would be signing an Exhibit 10 contract with the team.

Swider, a 24-year-old small forward, signed a two-way contract with L.A. last summer after going undrafted out of Villanova. He appeared in just seven games for the Lakers, spending most of his rookie year in the G League, where he averaged 17.1 points, 4.8 rebounds and 1.8 assists in 27 regular season games.

Swider’s contract for the upcoming season is non-guaranteed, so L.A. won’t be on the hook for any more money. Colin Castleton and D’Moi Hodge occupy the team’s other two-way spots.

Jaylen Brown Extension Notes, Reactions

While it’s possible the Celtics will eventually regret giving Jaylen Brown a five-year super-max extension that projects to be the richest deal in NBA history, it was the only real option available to them, says Kevin O’Connor of The Ringer.

As O’Connor outlines, Boston has title aspirations in 2023/24 and there was likely no viable trade involving Brown that would have raised the team’s ceiling in the short term. The Celtics could have tried to pay Brown less than his maximum, but would’ve risked alienating him and compromising their chemistry heading into an important season — not to mention potentially losing him in unrestricted free agency a year from now.

Executives around the league who spoke to Sean Deveney of Heavy.com agreed that giving Brown a super-max extension was the most logical path for the Celtics.

“It is a good deal because he is a star player and that is what they had to pay him,” an Eastern Conference executive said. “I love the people who say they should not have given him that contract. Like, OK, then what should they have done? Traded him? Let him go to free agency? The same people who are beating them up for signing him would be beating them up if they did not sign him. It’s crazy.”

With Jayson Tatum due for a super-max extension of his own in 2024, the Celtics may face financial challenges down the road, but having two young stars on big contracts is a “champagne problem,” O’Connor writes, suggesting that it’s not something the team needs to worry about right away. If Boston ultimately decides that it can’t win a title with a roster built around Tatum and Brown, the club is now better positioned to eventually make a trade rather than having to undergo a full reset.

Here’s more on Brown’s new deal:

  • The extension signals that the Celtics intend to move forward with their plan to build around the trio of Brown, Tatum, and Kristaps Porzingis, all of whom are between 25 and 27 years old, writes Jay King of The Athletic. While they’ll likely miss Marcus Smart and Grant Williams, the C’s are optimistic that Porzingis’ presence will put them in a better position to attack certain defenses that have given them trouble in recent years, King explains.
  • Chris Forsberg of NBC Sports Boston takes a look at the short- and long-term implications of Brown’s new contract, observing that there may be a financial squeeze on the Celtics’ supporting cast in future seasons.
  • While Brown’s extension is the new richest contract in NBA history, it won’t hold that title for long, notes Zach Kram of The Ringer. Given the rate at which the league’s salary cap is climbing, some massive contracts signed in the early 2020s already look like bargains, Kram writes. Brown’s deal may never qualify as team-friendly, but the super-max contracts being signed during the later years of his extension will be significantly more lucrative.

Celtics Sign Jaylen Brown To Super-Max Extension

JULY 26: Brown has officially signed his super-max extension, the Celtics announced today (via Twitter).


JULY 25: The Celtics and star wing Jaylen Brown are in agreement on a five-year, super-max contract extension, agent Jason Glushon tells Marc J. Spears of Andscape (Twitter link).

The deal, which is worth a projected $304MM, is fully guaranteed and includes a trade kicker, but doesn’t feature a fifth-year player option, tweets Shams Charania of The Athletic.

It’s the most lucrative deal in NBA history, and a massive investment by the Celtics in Brown, who became eligible for a super-max extension – with a starting salary worth 35% of the cap instead of 30% – by making the All-NBA Second Team this spring.

The 26-year-old averaged a career-best 26.6 points per game on .491/.335/.765 shooting while also contributing 6.9 rebounds, 3.5 assists, and 1.1 steals per night across 67 appearances (35.9 MPG). He earned his second All-Star nod and helped the Celtics get to within one game of the NBA Finals.

Brown had been entering a contract year in 2023/24 and there was a belief that it would be difficult for the Celtics to extend him if he hadn’t become super-max eligible, due to the NBA’s limitations on veteran extensions. Once Brown made an All-NBA team, it opened the door for the two sides to reach an agreement on a deal that will tack on five years to his current contract and ensure he’s under team control through 2028/29, keeping him off next summer’s free agent market.

While it took a few weeks for the two sides to come to terms, reports throughout July consistently maintained that there was optimism it would eventually get done — now it has.

The projected $304MM figure is based on an assumption that the NBA’s salary cap will increase by 10% again in 2024/25, as it has in each of the last two seasons. Assuming that’s the case, Brown will earn approximately $52.4MM in the first year of his new contract; that number would jump all the way up to $69.1MM by year five, resulting in a total of about $303.7MM.

Before his new extension takes effect, Brown will earn a base salary of $28.5MM in 2023/24, with an additional $3.3MM available in incentives.

Brown will become the 12th player to sign a designated veteran contract since the NBA introduced it in 2017. Even if the cap doesn’t increase by a full 10% next offseason, the value of Brown’s extension will comfortably surpass Nikola Jokic‘s five-year, $276.1MM contract with Denver — Jokic’s deal was previously the most lucrative in NBA history.

Brown’s teammate Jayson Tatum also achieved the super-max performance criteria this spring, but won’t have the service time necessary to sign a designated veteran extension of his own until the 2024 offseason. Assuming the Celtics also ink Tatum to a super-max deal, which could become the new richest contract in league history, they’ll have to figure out a way to build and maintain a competitive roster around two massive contracts in the coming years.

As Bobby Marks of ESPN notes (via Twitter), once Brown officially signs his extension, he’ll be ineligible to be traded for a full calendar year.

Contract Details: Noel, Dowtin, White, Jordan, Matthews, More

The one-year, minimum-salary contract that Nerlens Noel signed with the Kings is currently only partially guaranteed for $300K, Hoops Rumors has learned. Noel would see his partial guarantee increase to $600K if he hasn’t been waived by the first game of the regular season this fall. In order to receive his full salary, he’d need to remain under contract through at least January 7.

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

  • Jeff Dowtin‘s one-year, minimum-salary contract with the Raptors is fully non-guaranteed for the time being. However, the guard would receive a partial guarantee worth $900K if he’s not waived on or before October 21, reports Blake Murphy of Sportsnet.ca (Twitter link).
  • The Thunder signed Jack White to a two-year, minimum-salary contract that includes a $600K partial guarantee in year one and a team option for 2024/25, Hoops Rumors has learned.
  • The one-year, minimum-salary deals signed by DeAndre Jordan (Nuggets) and Wesley Matthews (Hawks) are fully guaranteed, Hoops Rumors has learned.
  • The two-way contracts signed by Omari Moore (Bucks) and Leaky Black (Hornets) cover two years rather than just one, Hoops Rumors has learned.
  • Sixers center Montrezl Harrell and Nuggets guard Reggie Jackson waived their right to veto trades during their 2023/24 season, Hoops Rumors has learned. As we detailed earlier today, players who re-sign with their previous teams on one-year deals (or two-year deals with a second-year option) get trade veto rights by default, but can choose to give up those rights.

Lauri Markkanen A Candidate For Renegotiation In 2024

Jazz forward Lauri Markkanen is a player to keep an eye on as a strong candidate for a contract renegotiation and extension in 2024, according to Michael Scotto of HoopsHype. Scotto made his comments on Markkanen during a podcast with HoopsHype colleague Yossi Gozlan, who said he’d be surprised if the 26-year-old’s contract isn’t renegotiated and extended next offseason.

An NBA team can’t renegotiate a player’s salary downward, but is allowed to use cap room to give him a raise for the current season, as the Jazz did with Jordan Clarkson earlier this month. The club can then negotiate an extension based on that newly renegotiated cap hit, giving him a first-year salary worth as much as 140% of that amount (up to the player’s maximum salary).

Markkanen will earn approximately $17.26MM in 2023/24 and $18.04MM in ’24/25. Under the NBA’s veteran extension rules, he’d be eligible next offseason for a four-year extension worth approximately $113MM, including a 40% raise to $25.26MM for ’25/26.

Renegotiating Markkanen’s contract using cap room to give him a raise in 2024/25 would allow the Jazz to increase their extension offer well beyond $113MM, putting them in a better position to lock up the Finnish star for the long term. Utah currently only projects to have about $99MM in salaries on its cap for ’24/25, and not all of that money is guaranteed, so the team would have plenty of flexibility to operate under the cap and give Markkanen a raise.

After being traded from the Cavaliers to the Jazz in the Donovan Mitchell blockbuster, Markkanen enjoyed a breakout season in Utah, earning his first All-Star nod and blowing away his previous career high by averaging 25.6 points per game in 66 contests (34.4 MPG). He posted an impressive shooting line of .499/.391/.875 and also grabbed 8.6 rebounds per night.

Markkanen will technically become extension-eligible this offseason, but the Jazz aren’t in position to renegotiate his contract yet, since they’ve used up their 2023/24 cap room. That means the most he could get on an extension prior to next offseason is $81.9MM over three years.

NBA contract renegotiations have typically been pretty rare, but they’ve enjoyed a renaissance within the last year. Clarkson, Domantas Sabonis (Kings), and Myles Turner (Pacers) have all renegotiated their contracts with their respective teams since January. Before that, no player had agreed to a renegotiation since Robert Covington in 2017.

Hoops Rumors Glossary: No-Trade Clause

It’s not uncommon in many major professional sports for a player to negotiate a contract that includes a no-trade clause, which prohibits him from being traded – either at all or to certain specific teams – without his consent. However, no-trade clauses are extremely rare in the NBA.

When the Wizards signed Bradley Beal to a new contract in 2022 that included a no-trade clause, Beal became just the 10th player in NBA history to receive that perk.

In order to qualify for a no-trade clause, a player must meet the following criteria:

  • He must be signing a free agent contract, not an extension.
  • He must have at least eight seasons of NBA experience.
  • He must have spent at least four seasons with the team he’s signing with.

This last point is the most malleable of the three. In order to qualify for a no-trade clause, a player doesn’t necessary need to have spent the past four consecutive seasons with his team — he just needs to have spent at least four seasons with that team at some point.

For example, if LeBron James were to become a free agent next summer and decided to sign with the Heat, he could negotiate a no-trade clause into his new contract, since he spent four years in Miami from 2010-14.

Additionally, a partial season can be counted as one of those four seasons a player needs to spend with a team in order to qualify for a no-trade clause. For instance, if Jordan Clarkson had become a free agent this offseason, he would’ve been eligible to negotiate a no-trade clause with the Jazz, who traded for him during the 2019/20 season. Clarkson has only been in Utah for three full years and part of a fourth season, but that’s enough to meet the criteria.

Still, those three requirements are enough to eliminate a no-trade clause as an option for many players. One prominent recent example is Jaylen Brown. Although Brown has spent more than four years with the Celtics, he has only been in the NBA for seven seasons and is signing an extension rather than a free agent contract, so a no-trade clause wasn’t available to him.

A player who has a no-trade clause in his contract and consents to a trade retains the right to veto a trade when he joins his new team. So Beal’s no-trade clause remains in effect now that he’s a member of the Suns.

Although explicit no-trade clauses are rare, there are a couple other scenarios in which a player can receive an implicit no-trade clause, meaning his consent is still required in order to trade him.

First, a player who re-signs with his previous team on a one-year contract, or a two-year deal with an option year, is given no-trade protection for the rest of that league year — or until his second-year option is exercised.

Heat forward Kevin Love and Suns wing Josh Okogie are among the players who will fall into this group in 2023/24.

Here are a few more notes related to these criteria:

  • A player who meets these criteria and still decides to consent to a trade will lose his Bird or Early Bird rights at the end of the season and will instead be deemed to have Non-Bird rights.
  • Although those criteria don’t apply to players on two-way contracts, they do apply to players who accept standard (ie. non two-way) one-year qualifying offers as restricted free agents. So Hornets forward Miles Bridges will have the right to veto a trade in ’23/24.
  • The NBA’s new Collective Bargaining Agreement allows a player who re-signs with his former team on a one-year contract (or two-year deal with an option) to waive his ability to veto a trade. A handful of players have done so this offseason, including Lakers guard D’Angelo Russell and Nuggets guard Reggie Jackson. They’re eligible to be traded without their approval in 2023/24.

Second, a player who signs an offer sheet as a restricted free agent and has that offer matched by his previous team has the ability to veto a trade for a full calendar year. That means Trail Blazers swingman Matisse Thybulle and Sixers big man Paul Reed will have de facto no-trade protection until next July.

While explicit no-trade clauses in the NBA are rare, these criteria that give players veto rights for a year at a time aren’t uncommon at all, and often end up applying to non-stars, giving them a little control over their own professional futures.


Note: This is a Hoops Rumors Glossary entry. Our glossary posts will explain specific rules relating to trades, free agency, or other aspects of the NBA’s Collective Bargaining Agreement. Larry Coon’s Salary Cap FAQ was used in the creation of this post.

Spurs Considered Lucrative Offer Sheet For Austin Reaves

Lakers guard Austin Reaves revealed in a recent interview that the Spurs and Rockets were among his potential options in free agency before he reached a deal to remain in Los Angeles.

Michael Scotto of HoopsHype has since provided more details on those what-if scenarios, citing league sources who say San Antonio considered an offer sheet for Reaves that would have been worth $21MM per season.

However, according to Scotto, the Spurs were concerned that the Lakers would simply match their offer sheet and that they might miss out on other opportunities to use their cap room while they awaited L.A.’s decision. The Lakers wouldn’t have had to officially match an offer sheet for Reaves until the end of the day on July 7 and could have tied up San Antonio’s space in the meantime.

As for the Rockets, they were “closely monitoring” Reaves and were prepared to put together a lucrative offer sheet if they had failed to land top target Fred VanVleet, sources tell Scotto. When VanVleet agreed to a three-year, maximum-salary deal with Houston, the team didn’t see the need to spend big on another backcourt player.

Reaves’ restricted free agency was an uncommon case, since he had accumulated just two years of NBA experience and was therefore subject to the Gilbert Arenas provision.

Although the Lakers could only offer Reaves about $53.8MM over four years using his Early Bird rights, the Arenas provision allowed a rival team with cap room to give him a bigger, back-loaded offer sheet worth up to nearly $102MM over four years — the Lakers would have had the right to match any offer sheet despite not being able to offer Reaves that much money directly.

Ultimately, no rival suitors decided to aggressively pursue Reaves, allowing the Lakers to bring him back on his maximum Early Bird deal, worth $53.8MM across four seasons. Following a breakout season in which he averaged 13.0 points, 3.4 assists, and 3.0 rebounds in 28.8 minutes per game with an excellent .529/.398/.864 shooting line, the 25-year-old may turn out to be a bargain at that price.

Hawks, Magic To Play Regular Season Game In Mexico City

The Hawks and Magic will face one another in the NBA’s 2023 Mexico City Game, the league announced today in a press release. The regular season contest will take place on Thursday, November 9 at the Arena CDMX.

According to the NBA’s announcement, it will be the league’s 32nd game played in Mexico since 1992, including both the regular season and preseason. Outside of the U.S. and Canada, no country has hosted more NBA games during that time.

The Magic have competed a few times in Mexico City, including twice during the 2018/19 season, but it will be the Hawks’ first visit to the city.

Mexico City has been a frequent destination for NBA regular season games in recent years. The league held a pair of regular season contests in the city each year for four consecutive seasons from 2016-19. Following a COVID-related hiatus, the NBA returned to Mexico last December, when Miami faced San Antonio.

The Spurs participated in each of the two most recent games in Mexico City, but it appears that fans south of the border won’t get the opportunity to see No. 1 overall pick Victor Wembanyama in person during his rookie year, assuming the league doesn’t have plans to separately announce a second Mexico City game.

The NBA will play at least two regular season contests outside of the U.S. and Canada in 2023/24 — the league announced a week ago that Brooklyn and Cleveland would square off in Paris.