2024 September | Hoops Rumors

Suns To Sign Frank Kaminsky To Camp Deal

September 26th, 2024 at 4:34pm CST by Alex Kirschenbaum

The Suns are set to bring back free agent center Frank Kaminsky, his agency Priority Sports tweets. According to Gerald Bourguet of PHNX Sports (Twitter link), it’ll be a training camp deal.

Exact terms of the agreement have yet to be divulged, but it is likely to at least have Exhibit 9 and potentially Exhibit 10 language.

The seven-foot Wisconsin alum, a former 2015 lottery pick, enjoyed an eight-year NBA run before heading overseas in 2023/24.

Kaminsky suited up for the Hornets from 2015-19 before signing with the Suns as a free agent in 2019-20. He logged three seasons with Phoenix.

Across 95 contests with the Suns (26 starts), the former All-American First Teamer recorded averages of 8.2 points, 4.3 rebounds and 1.8 dimes, with a shooting line of .468/.344/.682.

Kaminsky split his final (for now) NBA season in 2022/23 between the Hawks and Rockets. He was a deep-bench reserve during his tenures with Atlanta and Houston, averaging just 2.5 PPG, 1.4 RPG, and 0.8 APG in 36 total games.

The 31-year-old spent 2023/24 with Serbian club Partizan Belgrade.

The Suns have one opening on their 15-man standard roster, so if Kaminsky does impress he could earn an opportunity, though the team may want to leave that spot open for financial reasons, given its sizable projected tax bill.

Sporting longtime All-Stars Kevin Durant, Devin Booker and Bradley Beal, Phoenix finished with a 49-33 record last year, but was obliterated by the Timberwolves in a first-round playoff sweep. Team president James Jones responded by firing head coach Frank Vogel and his staff after just one season, replacing him with former Bucks champion head coach Mike Budenholzer. The Suns also brought in point guard Tyus Jones on a steal of a veteran’s minimum deal. He is expected to start, which will likely push starting small forward Grayson Allen to the bench.

Phoenix could use a player with Kaminsky’s sharpshooting range to back up starting center Jusuf Nurkic and his newly signed backup, Mason Plumlee. It remains to be seen whether or not Kaminsky’s defensive shortcomings (and tax concerns) may disincentivize the Suns from bringing him back.

Bulls Exercise 2025/26 Option On Dalen Terry

September 26th, 2024 at 3:59pm CST by Rory Maher

The Bulls have exercised their 2025/26 rookie scale team option on wing Dalen Terry, league sources tell Darnell Mayberry of The Athletic (Twitter link).

Chicago had until the end of October to determine whether it wanted to pick up the option. The move means that Terry, who is already under contract for ’24/25, will earn a guaranteed $5,399,118 in ’25/26, which is the fourth and final season of his rookie contract.

The 18th pick of the 2022 draft, Terry didn’t play much as a rookie two seasons ago, averaging just 5.6 MPG in 38 appearances with the Bulls. He earned more playing time during his second season though, with averages of 3.1 PPG, 1.9 RPG and 1.4 APG in 59 games in ’23/24 (11.5 MPG).

Terry, who played two seasons of college ball at Arizona, was viewed as a point guard entering the draft but has mostly played on the wing professionally due to the Bulls already having ball-handlers on the roster. At 6’7″, he has the size to defend multiple positions.

We’re tracking all the decisions on ’25/26 rookie scale team options right here. The Heat are the only other team to have exercised any options so far — many of the decisions will be finalized closer to the Oct. 31 deadline.

Nuggets, Aaron Gordon Optimistic About Possible Extension

September 26th, 2024 at 3:31pm CST by Rory Maher

Nuggets forward Aaron Gordon will be eligible for a four-year contract extension as of Friday, September 27. A four-year extension would require Gordon to decline his $22.84MM player option for 2025/26, with the first year of a potential new deal replacing that option.

Speaking to reporters on Thursday, general manager Calvin Booth said he hopes the former No. 4 overall pick remains a Nugget for the foreseeable future.

“Hopefully we have some productive talks with his representation and are able to find a deal,” Booth said (Twitter link via Harrison Wind of DNVR Sports). “… We want Aaron here for a long time.”

Gordon also sounded optimistic about a deal coming to fruition, per Vinny Benedetto of The Denver Gazette (Twitter link)

“I really love this organization,” Gordon said. “I love the players on this team. I love the coaching staff. I hope we get it done. It seems like it’s moving forward in the right direction.”

Gordon, who turned 29 years old last week, played a key role in helping the Nuggets win their first championship in 2023. He’s a highly versatile player on both ends of the court and has excellent chemistry with three-time MVP Nikola Jokic.

According to Tony Jones of The Athletic, Gordon also touched on the tragic passing of his older brother Drew, who died following a car accident at the end of May. Drew played professionally for over a decade, including a stint with the Sixers in 2014/15.

“I always leaned on my brother,” Gordon said. “I understand I can’t take any relationship for granted. My teammates have been there every step of the way. They came to his service and his funeral. These guys have developed into my brothers.”

Gordon changed his jersey from No. 50 to No. 32 to honor his brother, per the NBA (Twitter video link).

“It was my brother’s favorite number, my dad’s favorite number, my sister played in it in college, I played in it in high school… it feels like home,” he said.

Jazz Sign, Waive Babacar Sane

September 26th, 2024 at 3:17pm CST by Luke Adams

SEPTEMBER 26: Sane has been released, Utah announced in a press release.

AUGUST 13: The Jazz have added undrafted rookie forward Babacar Sane to their offseason roster, according to RealGM’s transaction log. Tony Jones of The Athletic reported (via Twitter) in June that Sane would be signing an Exhibit 10 contract with Utah.

A player on an Exhibit 10 contract can earn a bonus worth up to $77.5K if he’s waived by his NBA team and then spends at least 60 days with his club’s G League affiliate. Exhibit 10 deals can also be converted to two-way contracts before the start of the regular season, but I expect the plan for Sane is to have him become an affiliate player for the Salt Lake City Stars.

Sane, who will turn 21 next month, is a native of Senegal who attended the NBA Academy Africa and then played in the Basketball Africa League before coming stateside in 2022. He spent the past two seasons with the G League Ignite before the team was shut down at the end of the ’23/24 campaign.

In 31 Showcase Cup and regular season games last season for the Ignite, Sane averaged 10.6 points and 5.7 rebounds in 22.7 minutes per contest, posting a shooting line of .445/.263/.699. The 6’6″ forward, who participated in the G League’s Next Up Game at All-Star weekend in each of the past two years, declared for the draft as an early entrant this spring.

It has been a busy week of roster moves for the Jazz. They renegotiated and extended Lauri Markkanen‘s contract last Wednesday, then officially signed Drew Eubanks, Svi Mykhailiuk, Kyle Filipowski, and Johnny Juzang in recent days, while also swapping out one two-way player (Taevion Kinsey) for a new one (Oscar Tshiebwe).

Utah currently has 18 players under contract, including 14 on standard deals, three on two-ways, and now Sane on an Exhibit 10 pact. The club figures to fill out its 21-man offseason roster at some point between now and the start of training camp this fall.

Sixers Sign Lester Quinones To Two-Way Deal

September 26th, 2024 at 3:15pm CST by Luke Adams

SEPTEMBER 26, 3:15pm: Quinones has officially signed his two-way deal, the Sixers announced in a press release.

SEPTEMBER 25, 11:41am: Jones has been waived to make room on the roster for Quinones, according to Kyle Neubeck of PHLY Sports (Twitter link).

SEPTEMBER 25, 8:46am: The Sixers and free agent guard Lester Quinones have agreed to a two-way contract, sources tell Shams Charania of The Athletic (Twitter link).

Quinones, who will turn 24 in November, spent last season with the Warriors. He began the year on a two-way deal and then was promoted to Golden State’s standard roster in February. The 6’5″ guard appeared in a total of 37 NBA games, averaging 4.4 points, 1.9 rebounds, and 1.0 assist in 10.6 minutes per contest and posting a shooting line of .397/.364/.690.

Quinones spent more time in the NBA than in the G League last season, but has been an effective contributor for the Santa Cruz Warriors over the past two years, averaging 21.0 PPG, 6.2 RPG, and 3.9 APG on .448/.362/.772 shooting in 65 total Showcase Cup and regular season games for Golden State’s NBAGL affiliate.

The Warriors opted not to tender Quinones a qualifying offer in June, making him an unrestricted free agent. Michael Scotto of HoopsHype reported in early July that the former Memphis Tiger was on the Sixers’ radar.

Philadelphia doesn’t currently have an open two-way slot, so either Justin Edwards, David Jones, or Jeff Dowtin will have to be waived in order to make room on the roster for Quinones.

Raptors Sign Jahmi’us Ramsey To Exhibit 10 Contract

September 26th, 2024 at 2:44pm CST by Rory Maher

The Raptors have signed free agent guard Jahmi’us Ramsey to an Exhibit 10 contract, reports Blake Murphy of Sportsnet.ca (Twitter links). The team confirmed the signing in a press release.

Ramsey, 23, was the No. 43 overall pick of the 2020 draft after one college season at Texas Tech. He spent the majority of his first two seasons with the Kings, but he didn’t receive much playing time (7.1 MPG in 32 total games), and Sacramento cut him loose in February 2022.

The 6’3″ shooting guard caught on with the Oklahoma City Blue, the Thunder’s NBA G League affiliate, following his stint with the Kings. Ramsey spent the entire 2022/23 season with the Blue and most of last season as well, having inked an Exhibit 10 deal with the Thunder last October before being waived to secure a bonus.

Ramsey, who earned a spot on the All-NBA G League Third Team in 2023/24, signed a pair of 10-day contracts with the Raptors in March. He appeared in seven games with Toronto, averaging 6.7 PPG, 3.1 RPG and 1.0 SPG on .439/.273/.833 shooting in 17.3 MPG.

As a three-year veteran, Ramsey remains eligible for a two-way contract for one more season. However, all three of the Raptors’ two-way spots are currently occupied, so they’d have to release someone for Ramsey to be converted.

If Ramsey is waived before the season begins and reports to the Raptors 905 (Toronto’s NBAGL affiliate) for at least 60 days, he could earn a bonus worth up to $77.5K on top of his regular G League salary.

The Raptors’ 21-man offseason roster is now full.

Heat Sign Caleb Daniels To Exhibit 10 Deal

September 26th, 2024 at 1:20pm CST by Rory Maher

The Heat have signed free agent guard Caleb Daniels, the team announced in a press release. While the terms of the deal were not disclosed, Anthony Chiang of The Miami Herald hears Daniels received an Exhibit 10 contract (Twitter link).

The news was anticipated, as Ira Winderman of The South Florida Sun Sentinel reported a couple weeks ago that Daniels would likely receive an Exhibit 10 deal. He’s expected to be waived before the 2024/25 season begins, putting him in line to earn a bonus worth up to $77.5K if he spends at least 60 days with Miami’s NBA G League affiliate, the Sioux Falls Skyforce.

Daniels, 25, went undrafted in 2023 after playing five college seasons. He started his collegiate career with Tulane before transferring to Villanova, spending his final three seasons with the Wildcats.

After signing an Exhibit 10 deal with Miami last summer and subsequently being waived, Daniels spent his first professional season with the Skyforce, appearing in 47 Showcase Cup and regular season games (30.1 MPG) while averaging 12.3 PPG, 5.0 RPG and 2.2 APG on .429/.368/.841 shooting. He also played for the Heat’s Summer League team in July.

The Heat now have a full roster ahead of training camp, with 21 players under contract.

Warriors Waive Plowden, Sign Post To Two-Way Deal

September 26th, 2024 at 12:55pm CST by Dana Gauruder

SEPTEMBER 26: Post’s two-way contract with the Warriors is now official, according to the NBA’s transaction log.

SEPTEMBER 24: The Warriors have waived two-way player Daeqwon Plowden, according to Michael Scotto of HoopsHype (Twitter link), and are signing second-round pick Quinten Post to a two-way contract, per Anthony Slater of The Athletic (Twitter link).

Golden State was expected to open a two-way spot for Post. Pat Spencer and Reece Beekman hold the other two-way slots.

Plowden was signed to a two-way deal after strong Summer League performances for the Warriors. He averaged 14.6 points and shot 39.6% from three-point range in eight Summer League games combined in the Las Vegas and California Classic leagues.

Plowden, who went undrafted out of Bowling Green in 2022, has spent his first two professional seasons in the G League, playing for the Birmingham Squadron in 2022/23 and the Osceola Magic in ’23/24. In 49 Showcase Cup and regular season outings for Osceola last season, he averaged 11.9 points, 4.2 rebounds, and 1.3 assists in 25.5 minutes per game, with a shooting line of .472/.397/.797.

According to Slater, the Warriors still intend to bring Plowden to camp to compete for a two-way spot, which suggests Spencer and Beekman aren’t entirely safe yet.

The Hawks’ G League affiliate, the College Park Skyhawks, recently acquired Plowden’s returning player rights, so if he doesn’t earn a roster spot with Golden State, he may end up with the Skyhawks.

As for Post, he spent his last three college seasons with Boston College. Post averaged 17.0 points, 8.1 rebounds and 2.9 assists per game last season. The 24-year-old 7-footer was selected with the No. 52 overall pick.

Pistons Sign Lamar Stevens To Camp Deal

September 26th, 2024 at 11:57am CST by Rory Maher

Free agent forward Lamar Stevens has signed a contract with the Pistons, according to his agency, Priority Sports (Twitter link).

Omari Sankofa II of The Detroit Free Press reports (via Twitter) that Stevens has agreed to a training camp deal, which means it will be a one-year, minimum-salary contract that is non-guaranteed and won’t count against the cap. It figures to include Exhibit 9 language and perhaps Exhibit 10 language too.

Stevens played for four years at Penn State prior to going undrafted in 2020. He spent his first three NBA seasons with the Cavaliers, initially on a two-way deal before receiving a promotion to a multiyear standard contract at the end of his rookie campaign.

Known for his strength, toughness, athleticism and defensive versatility, Stevens was traded from Cleveland to San Antonio last summer in the three-team deal that saw the Cavs acquire Max Strus from Miami. San Antonio waived Stevens last July, but he caught on with the Celtics last fall for training camp, and was one of three players on Exhibit 9 contracts to make an opening night roster in 2023/24.

Not only did Stevens make Boston’s opening night roster, but he had his salary fully guaranteed in January. However, he rarely received playing with the Celtics, who traded him to Memphis — along with two second-round picks — for Xavier Tillman at the February deadline.

The 27-year-old played pretty well for an injury-ravaged Grizzlies squad, averaging 11.5 PPG, 5.1 RPG, 0.9 SPG and 0.9 BPG on .446/.289/.791 shooting in 19 appearances with Memphis (23.0 MPG). The team chose not to re-sign him this summer, making him an unrestricted free agent.

Overall, Stevens has appeared in 203 regular season games over the course of his four seasons in the league, averaging 5.7 PPG and 2.9 RPG on .463/.286/.726 shooting in 15.7 MPG.

The Pistons currently have 13 players on guaranteed standard contracts, with big man Paul Reed on a non-guaranteed deal. Stevens will likely be vying for the 15th and final standard roster spot in training camp, assuming Detroit chooses to carry a full roster.

Junior Bridgeman Purchases 10% Stake In Bucks

September 26th, 2024 at 11:15am CST by Rory Maher

SEPTEMBER 26: Bridgeman has officially become a part-owner of the Bucks, the team confirmed in a press release (Twitter link via Eric Nehm of The Athletic).

“I’m overjoyed to return to the Bucks, where I spent the heart of my NBA playing career, to join their world-class ownership group,” Bridgeman said. “… I hope that my life journey serves as an aspiration to current and future players who dream of joining an NBA ownership group. I look forward to cheering the Bucks on this season alongside our great fans.”

SEPTEMBER 12: Junior Bridgeman, who played 12 NBA seasons from 1975-87, including 10 in Milwaukee, is purchasing a 10% stake in the Bucks, three sources familiar with the deal tell Michael Ozanian and Jessica Golden of CNBC.

According to CNBC’s report, the transaction values the Bucks at $4 billion but Bridgeman is receiving a “preferred limited partner discount” of 15%, or a $3.4 billion valuation. That means Bridgeman will pay approximately $340MM for his minority share.

Bridgeman, who turns 71 years old next week, starred in college at Louisville prior to being selected No. 8 overall in the 1975 draft. The 6’5″ wing averaged 13.6 points, 3.5 rebounds and 2.4 assists while shooting 47.5% from the floor and 84.6% from the line in 849 regular season games with the Bucks and Clippers (25.0 minutes per contest).

In late July, Baxter Holmes of ESPN wrote a feature story on Bridgeman and how he has built his wealth over the years. Bridgeman earned a total of just under $3MM in salaries during his playing career and has been extremely successful as a businessman, with a net worth of nearly $600MM.

As Ozanian and Golden observe, when the Haslam Sports Group purchased its 25% stake in the Bucks in April 2023, the team was valued at $3.2 billion. This new deal — which is the first time a portion of a team has been sold since the media rights agreements were announced — shows the franchise continues to increase in value.

Bridgeman was rumored to be interested in buying a stake in the Bucks back in 2014. His No. 2 jersey was retired by the Bucks in 1988.

Month: September 2024