- According to Tim Reynolds of The Associated Press (Twitter link), Hawks guard Trae Young is expected to be among the players invited to join the USA Basketball Select Team, which will participate in training camp with the Team USA squad in Las Vegas next month prior to the 2019 FIBA World Cup.
- Chandler Parsons recently underwent a procedure in Germany to relieve his knee pain, Chris Vivlamore of the Atlanta Journal-Constitution tweets. Parsons had another Regenokine treatment in which a person’s own tissue is collected, processed and then placed back into the body. The Hawks officially acquired the veteran forward from the Grizzlies on Sunday for Solomon Hill and Miles Plumlee.
3:36pm: The trade is now official, according to press releases issued by both teams. The second-round pick going to Atlanta in the deal is the Warriors’ 2026 second-rounder.
1:49pm: The Warriors and Hawks have agreed to a trade that will send big man Omari Spellman to Golden State, reports Shams Charania of The Athletic (Twitter links). According to Charania, Atlanta will receive center Damian Jones and a second-round pick in the swap.
Spellman, who will turn 22 later this month, was the 30th overall pick in the 2018 draft. He appeared in 46 games during his rookie season in Atlanta, averaging 5.9 PPG and 4.2 RPG in 46 games (17.5 MPG). The former Villanova standout also showed an ability to hit outside shots, making 1.0 three-pointer per game at a 34.4% rate.
As for Jones, he was the 30th overall pick two years earlier, in 2016, so he’ll be up for restricted free agency next summer. The 24-year-old opened the 2018/19 campaign as Golden State’s starting center, averaging 5.4 PPG and 3.1 RPG in 24 games (17.1 MPG), before a torn pectoral muscle sidelined him for the rest of the regular season.
The financial aspect of the deal is important for the Warriors, who are facing a $138.9MM hard cap. Spellman will earn about $1.9MM this season, while Jones is set to make $2.31MM. That difference may appear modest, but Golden State doesn’t have a whole lot of wiggle room, so the added flexibility will help the team fill out its roster.
The free agency deals began a week ago, but the details of those arrangements are slowly trickling in as they become official. Let’s take a look at some contract notes from players around the league:
- Nikola Vucevic’s four-year, $100MM deal with the Magic will decline by 8% annually, Jeff Siegel of Early Bird Rights tweets. Vucevic will make roughly $28.4MM in the first year of his front-loaded contract.
- Terrence Ross‘ four-year, $52MM contract with the Magic will start at $12.5MM, per Siegel. Ross will make $13.5MM during the 2020/21 season, followed by $12.5MM and $11.5MM in the two ensuing years.
- Al-Farouq Aminu will take home the full non-taxpayer’s mid-level on his deal with the Magic. He’ll make approximately $9.3MM during his first season and approximately $9.7MM and $10.2MM, respectively, over the ensuing two campaigns.
- Kentavious Caldwell-Pope‘s two year deal with the Lakers is worth approximately $16.6MM in total value. KCP can make roughly $1.2MM in annual incentives on top of that amount, a source tells Siegel (Twitter link). The shooting guard has a player option on the second year of the pact, which also has a 15% trade bonus. Since his deal could be a one-year contract (if he chooses to turn down the player option), Caldwell-Pope has a default no-trade clause.
- JaVale McGee also has a player option on the final year of his two-year deal with the Lakers, Keith Smith of RealGM tweets. McGee, who will make $8.2MM over the length of his contract, also has the ability to veto a trade.
- Markieff Morris‘ two-year deal with the Pistons contains a second-year player option, Smith tweets. Morris was signed via the bi-annual exception.
- Bruno Fernando‘s three-year deal with the Hawks is worth $4.7MM, Michael Scotto of The Athletic tweets. It appears Atlanta will be using cap space to sign the rookie.
- Tomas Satoransky final season of the three-year, $30MM deal with the Bulls is only guaranteed for $5MM, Fred Katz of The Athletic relays (Twitter link). Chicago brought the point guard to town via sign-and-trade.
The Hawks have officially signed two of their rookies to their first NBA contracts, announcing today in a pair of press releases (links here) that they’ve finalized contracts with lottery-selection De’Andre Hunter and second-rounder Bruno Fernando.
Hunter, the No. 4 overall section in last month’s draft, was traded to Atlanta from New Orleans after being part of the trade that sent Anthony Davis to the Lakers. Locked in to the NBA’s rookie scale, Hunter will make just under $7.07MM in his rookie season. Should he play out his full four-year rookie contract he’ll earn approximately $32.1MM.
The 21-year-old forward was named the ACC Defensive Player of the Year and All-ACC First Team en route to leading Virginia to the NCAA Championship last season. He averaged 15.2 points, 5.1 rebounds and 2.0 assists in 32.5 minutes per game while shooting an impressive 43.8% from three-point range.
As for Fernando, the terms of his new contract are unclear. The Hawks still have a two-way contract slot open after coming to terms with fellow rookie Charlie Brown Jr.; however, it’s likely Fernando’s signing would have been reported as a two-way contract if he was taking the other spot beside Brown.
It’s more likely that the Hawks will use some of their substantial remaining cap space (about $14MM) to accommodate a three to four-year contract with the Maryland big man. A three-year pact at the minimum would see Fernando earn nearly $4.2MM. I anticipate the deal to be in that vicinity, with perhaps a higher first-year salary somewhere between $1MM to 1.5MM.
Nearly half the teams in the NBA renounced their rights to multiple free agents this week as they prepared to make new roster moves official, per RealGM’s transactions log. In some cases, like when the Clippers renounced the rights to Garrett Temple and Wilson Chandler, those free agents already new homes lined up, and removing their cap holds was simply a formality to create cap room for incoming additions.
In other cases, the housekeeping moves were a bit more noteworthy. The Pacers, for instance, renounced Darren Collison‘s Bird rights, so if the 31-year-old – who announced his retirement before the start of free agency – ever attempts an NBA comeback, Indiana will no longer have a leg up to re-acquire him.
Besides those two teams, the Hawks, Bucks, Nets, Jazz, Sixers, Clippers, Pelicans, Lakers, Kings, Celtics, Wizards, and Bulls also renounced various free agents, according to RealGM’s log.
Here are a few more notes related to free agency:
- The Lakers have withdrawn their qualifying offer to two-way player Johnathan Williams and renounced his rights, according to RealGM. That doesn’t preclude the Lakers from bringing back Williams on a new two-way deal, but he’ll be able to sign outright with a new team if he so chooses.
- At least nine teams are now confirmed to attend the Amar’e Stoudemire/Monta Ellis workout taking place in Las Vegas on Monday, tweets Jordan Schultz of ESPN. We previously relayed word of Stoudemire’s and Ellis’ attempts to make NBA comebacks.
- ESPN’s Bobby Marks provides salary cap updates on a pair of Southeast teams, tweeting that the Magic and Wizards are both safely out of luxury tax territory for now. According to Marks (Twitter links), Orlando has $3.5MM in breathing room under the tax line, counting Khem Birch‘s $1.8MM cap hold, while Washington is about $4MM below that threshold after cutting Jonathon Simmons.
JULY 7: The trade is official, the Hawks announced in a press release.
JULY 3: The Grizzlies and Hawks have agreed to a trade, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that Memphis will send Chandler Parsons to Atlanta in exchange for Solomon Hill and Miles Plumlee.
Like the Hawks’ trade earlier this offseason of Kent Bazemore for Evan Turner, this deal will be a swap of expiring contracts and will be a virtual wash in terms of salary. Unlike that Bazemore/Turner trade though, it’s not clear if any of the players involved in this deal will actually see regular playing time in 2019/20.
Parsons, who will earn about $25.1MM next season, signed a four-year, maximum-salary contract with the Grizzlies during the summer of 2016, but battled injuries and failed to make an impact for the team during his three seasons in Memphis. In total, he appeared in just 95 games over three years, averaging 7.2 PPG and 2.6 RPG with a .393/.341/.779 shooting line.
Parsons and the Grizzlies had a particularly tumultuous year in 2018/19, with Parsons claiming in December that he was healthy and that the team was refusing to play him. He later took a leave of absence from the club.
According to Wojnarowski (via Twitter), the two sides were unable to reach an agreement on a buyout this summer, so Memphis will send Parsons to Atlanta, removing a potential distraction from the roster. As ESPN’s Bobby Marks points out (via Twitter), the mid-sized contracts of Plumlee and Hill will be easier for the Grizzlies to move in subsequent deals.
It remains to be seen if the Hawks believe Parsons has the ability to be an on-court contributor for them in 2019/20. Even if they don’t plan to play (or keep) him, there are a couple potential benefits for Atlanta. Moving two contracts for one will open up a roster spot, and Parsons’ salary is worth slightly less than the combined total of the salaries for Plumlee ($12.5MM) and Hill ($12.76MM).
A pair of separate trades will need to be completed before this one can be finalized. Hill is going from New Orleans to Atlanta in a trade involving the No. 4 pick, which in turn is part of the Pelicans’ Anthony Davis trade. The Pelicans/Lakers swap will need to be made official first, followed by the Pelicans/Hawks deal, then the Hawks/Grizzlies trade.
Photo courtesy of USA Today Sports Images.
JULY 7: The trade has been officially completed, according to a press release issued by the Hawks. Bone will be flipped to the Pistons by the Sixers.
JUNE 20: The Sixers selected Maryland big man Bruno Fernando with the No. 34 overall selection in this year’s draft, but he will not play in Philadelphia, per Shams Charania of The Athletic and Stadium, who tweets that the 76ers have traded Fernando to the Hawks for two future second-rounders and the No. 57 pick.
Kyle Neubeck of PhillyVoice reports that in addition to the No. 57 pick, Philadelphia will get Atlanta’s 2020 second-round pick (56-60 protected) and the most favorable of Atlanta’s, Charlotte’s, and Brooklyn’s 2023 second-round picks.
The Hawks were said to have interest in Fernando a little less than a month ago today, so it comes as no surprise that the team traded up into the top of the second round to draft the Maryland product.
Fernando averaged a double-double (13.6 PPG, 10.6 RPG) to go along with 1.9 BPG and a .607 FG% in 34 games for the Terrapins in 2018/19.
JULY 7: The Pelicans and Hawks have officially finalized their trade, which was initially agreed upon on draft night. The deal looks like this:
- Hawks acquire Solomon Hill, the draft rights to De’Andre Hunter (No. 4 pick), the draft rights to Jordan Bone (No. 57 pick), and a conditional 2023 second-round pick.
- Pelicans acquire the draft rights to Jaxson Hayes (No. 8 pick), the draft rights to Nickeil Alexander-Walker (No. 17 pick), the draft rights to Marcos Louzada Silva (No. 35 pick), and the Cavaliers’ 2020 first-round pick (top-10 protected).
- Note: The Cavaliers’ protected 2020 first-rounder will become two second-round picks (2021 and 2022) if it’s not conveyed in 2020.
JUNE 20: The Pelicans have reached an agreement with the Hawks on a trade that will send the No. 4 overall pick to Atlanta, league sources tell ESPN’s Adrian Wojnarowski (Twitter link). Chris Haynes of Yahoo Sports (Twitter link) first reported that the two teams were close to a deal.
According to Wojnarowski, New Orleans is receiving the Nos. 8, 17, and 35 picks in tonight’s draft in exchange for Nos. 4 and 57, along with Solomon Hill‘s expiring contract and a future second-round pick. The Pelicans will also acquire Cleveland’s heavily protected 2020 first-rounder from the Hawks, Woj adds (via Twitter).
League sources tell Wojnarowski (Twitter link) that the Hawks are focused on drafting Virginia forward De’Andre Hunter with the fourth overall pick. A report earlier this week indicated that Atlanta was “very high” on Hunter, who reportedly didn’t work out for any teams besides besides the Hawks.
Shams Charania of The Athletic reports (via Twitter) that Hunter and Duke forward Cam Reddish are the two players Atlanta has targeted at No. 4, adding that the team is leaning toward Hunter. According to Jake Fischer of SI.com (Twitter link), Reddish’s camp has believed that the Hawks would keep No. 10 in a trade-up scenario, potentially to draft the Duke prospect with that selection.
Atlanta will indeed keep No. 10 in this deal with New Orleans. Having initially held six picks in the top 44, the Hawks have now traded away five of those picks (and taken on Hill’s unwanted $12.76MM salary for next season), but still hold Nos. 4, 10, and 57. They’re in position to draft a pair of top-10 prospects, including one they were willing to move up four spots for.
As for the Pelicans, new head of basketball operations David Griffin continues to stockpile assets — the team now holds five of the top 39 selections in this draft, including Nos. 1, 8, and 17. New Orleans also got out from under the final year of Hill’s contract, creating additional cap flexibility for free agency.
Technically, the Pelicans haven’t yet officially acquired the No. 4 pick from the Lakers, since the Anthony Davis blockbuster will have to be finalized in July. The same is true of the No. 17 pick, which the Hawks are acquiring in the not-yet-completed Allen Crabbe deal. Those trades will be officially finalized once the new league year begins, then this deal between New Orleans and Atlanta can be formally completed.
The Cavaliers’ pick headed to New Orleans in this swap is currently top-10 protected for 2020 and will become two second-rounders (in 2021 and 2022) if it doesn’t convey next season. It’s not clear if the Hawks added any additional protections, but given Cleveland’s outlook, it looks like that pick probably won’t end up being a real first-rounder.
Speaking of the Cavaliers, they’re receiving a ton of interest for the No. 5 pick, according to Jake Fischer of SI.com, who points out (via Twitter) that that could be the spot for Darius Garland now. The Vanderbilt point guard was previously considered the favorite to be the No. 4 pick.
The Lakers, Pelicans, and Wizards have officially completed the three-team trade that makes Anthony Davis a Laker. All three teams issued press releases tonight to announce the deal. The structure of the trade is as follows:
- Lakers acquire Anthony Davis.
- Pelicans acquire Lonzo Ball, Brandon Ingram, Josh Hart, the draft rights to De’Andre Hunter (No. 4 pick), the Lakers’ 2021 first-round pick (9-30 protected; unprotected in 2022), the Lakers’ 2024 first-round pick (unprotected), the right to swap 2023 first-round picks with the Lakers, and cash ($1.1MM; from Wizards).
- Note: The Pelicans will also have the option to defer the 2024 first-round pick to 2025.
- Wizards acquire Moritz Wagner, Isaac Bonga, Jemerrio Jones, and the Lakers’ 2022 second-round pick.
The long-awaited deal was held up slightly today as the Lakers officially finalized a series of signings using their cap room. In order to maximize its cap space, the club had to sign free agents first before acquiring Davis. Danny Green, DeMarcus Cousins, Kentavious Caldwell-Pope, Quinn Cook, and JaVale McGee all signed their contracts with the Lakers since the July moratorium ended this afternoon.
The Pelicans, meanwhile, will now flip the rights to Hunter to the Hawks in a separate deal, putting the No. 4 pick on track to join his new team for Summer League action. Once the deal is done, Atlanta will also be able to complete its trade with the Sixers involving Bruno Fernando and Jordan Bone, then Philadelphia will be able to flip Bone to the Pistons.
For more details on one of the summer’s biggest trades, be sure to check out our previous stories on the Lakers/Pelicans aspect of the deal, as well as the Lakers/Wizards part of the swap.