Atlanta Hawks Rumors | Hoops Rumors

Hawks, Bruno Fernando Agree To Push Back Guarantee Date

July 10th, 2024 at 7:02pm CST by Rory Maher

For the second time this summer, the Hawks and Bruno Fernando have reached an agreement to push back his salary guarantee date, reports Brad Rowland of Locked on Hawks (via Twitter).

The two sides originally postponed Fernando’s guarantee date from June 29 to July 10. According to Rowland, the new guarantee date is August 1.

Lauren L. Williams of The Atlanta Journal-Constitution reported earlier on Wednesday that the Hawks and Fernando were discussing postponing the deadline again.

Fernando has some incentive to give Atlanta more time with the decision if it increases his odds of remaining on the roster and earning his full $2.72MM salary for 2024/25. In 2023, Atlanta moved Fernando’s salary guarantee deadline from June 29 to July 10, then ultimately kept him on the roster, guaranteeing his full $2.58MM salary for ’23/24.

The 34th pick of the 2019 draft after two college seasons at Maryland, Fernando has appeared in 203 regular season games over the course of his five-year NBA career, having suited up for Atlanta, Boston and Houston. Most of those appearances (142) have come with the Hawks.

A 6’9″ center from Angola who possesses a 7’3″ wingspan, Fernando didn’t play much at all in the first half of last season, appearing in just 13 of Atlanta’s first 49 games for an average of 6.5 minutes per contest. However, he was thrust into a larger role down the stretch due to a series of frontcourt injuries, averaging 7.6 PPG and 5.2 RPG while shooting 59.4% from the floor and 70.1% from the line over his final 32 games (18.7 MPG).

Eastern Notes: Fernandez, Fernando, Trent, Jokubaitis, Magic

July 10th, 2024 at 12:02pm CST by Luke Adams

The Nets agreed to trade Mikal Bridges just two months after they hired Jordi Fernandez, but Brooklyn’s new head coach said he wasn’t caught off guard by that move. As Brian Lewis of The New York Post writes, moving Bridges was a scenario that had been discussed with Fernandez before he took the job.

“We know that we wanted to do something sustainable and we wanted to win and build something very special. There were different avenues to do it, and this was a possible one,” Fernandez said. “We just couldn’t control if something (big came), what other teams would offer, so we’d just have to sit and wait. And (general manager Sean Marks) had his different avenues to get there. When the opportunity presented itself, he called me. I knew before it came out to the media, and I was very excited because I know how the NBA works and I know how good you can get when you have assets, flexibility and so and so forth. So I’m just very excited.”

Marks also confirmed that he and Fernandez talked about the possibility of a Bridges trade, explaining that he wanted to make sure the head coach knew what he was getting into when he accepted the Nets’ offer.

“It’s very important to be upfront when you’re hiring a coach — or any staff member for that matter — for them to know there’s a variety of different pathways we can go down,” Marks said. “We knew the flexibility that we had in terms of the roster, the cap, the salaries that we have, this (outcome) could be one of them. We’re not going to shy away from that. So, he knew well ahead that this was an avenue that we could be going down and has bought in completely.”

Here are a few more notes from around the Eastern Conference:

Having already pushed back his salary guarantee date from June 29 to July 10, the Hawks are talking to Bruno Fernando‘s camp about postponing that deadline again, tweets Lauren L. Williams of The Atlanta Journal-Constitution. Fernando has some incentive to give Atlanta more time with that decision if it increases his odds of remaining on the roster and earning his full $2.72MM salary for 2024/25.
Following up on reporting that suggested the Raptors had been willing to offer free agent wing Gary Trent Jr. a deal worth $15MM per year when their negotiating window first opened, Michael Grange of Sportsnet (Twitter link) clarifies that most conversations the team had about Trent were internal. The front office discussed potential contract frameworks rather than formally putting an offer on the table, Grange says, adding that the Raptors told Trent’s camp after the draft that they were going in a different direction.
Knicks draft-and-stash prospect Rokas Jokubaitis, the No. 34 overall pick in 2021, will be with New York’s Summer League team this month for the first time in three years, writes Stefan Bondy of The New York Post. Jokubaitis, who is under contract with Barcelona for one more season, would have been unavailable for Summer League if Lithuania had qualified for the Olympics, but the Lithuanians fell to Puerto Rico in the qualifying tournament final on Sunday.
The Magic have quietly aced the offseason, according to Michael Pina of The Ringer, who wonders if Orlando is capable of becoming next season’s version of the 2023/24 Thunder and making the leap from solid team to one of the best in the conference.

Hawks Re-Sign Seth Lundy On Two-Way Deal

July 9th, 2024 at 4:55pm CST by Dana Gauruder

The Hawks have signed wing Seth Lundy to a two-way contract, according to a team press release.

The 46^th overall pick in the 2023 draft after a four-year college career at Penn State, Lundy spent last season on a two-way contract with the Hawks. He appeared in nine games with Atlanta and 25 contests with the College Park Skyhawks.

Atlanta extended a qualifying offer to Lundy in late June, the equivalent of another two-way deal. He may have simply accepted that offer rather than negotiating a new two-way deal.

Lundy averaged just 5.8 minutes in his nine NBA appearances. In those 25 G League games (23 starts), the 6’4″ guard/forward averaged 20.4 points, 6.3 rebounds, 2.2 assists and 1.2 blocks in 32.6 minutes. He shot 46.2% from the field and 40% on 3-point attempts.

The 24-year-old underwent ankle surgery in mid-May. The left ankle procedure removed a medial ankle bone spur.

Lundy won’t play in the Summer League but the expectation is that he’ll make a full recovery in time for the start of next season.

Southwest Notes: Ingram, Grizzlies, Barnes, Spurs

July 8th, 2024 at 5:17pm CST by Luke Adams

The Hawks were considered a possible trade suitor for Brandon Ingram this offseason, but they ended up not having much interest in giving the forward his next contract or surrendering either Clint Capela or Onyeka Okongwu in a trade with the Pelicans, league sources tell William Guillory of The Athletic.

As a result, the Pelicans and Hawks instead made a deal involving Dejounte Murray that didn’t include Ingram or either of Atlanta’ centers. Now it’s unclear whether New Orleans will be able to find a trade partner for Ingram, who will be on an expiring contract in 2024/25.

According to Guillory, both the Pelicans and Ingram would prefer not to go into training camp without an extension, since it may become a distraction. That could mean New Orleans will be looking to complete a trade by late September, but it also doesn’t sound like a new contract for the former All-Star is out of the question. Guillory cites “some optimism within the building” that Ingram and the Pelicans could work out an extension below the max that leaves both sides happy.

Here’s more from around the Southwest:

The Grizzlies have officially announced Taylor Jenkins‘ new-look coaching staff for the 2024/25 season (Twitter link). Anthony Carter and Patrick St. Andrews are the only returning assistants, though one newcomer (Jason March) had been coaching the Memphis Hustle, while another (Erik Schmidt) was the Grizzlies’ head video coordinator. Joe Boylan (formerly of the Timberwolves), Patrick Mutombo (from the Bucks), Tuomas Iisalo (Paris Basketball), and Noah LaRoche are the other additions. Former assistants Blake Ahearn, Brad Jones, Scoonie Penn, Sonia Raman, and Vitaly Potapenko have all been replaced, writes Damichael Cole of The Memphis Commercial Appeal.
LJ Ellis of SpursTalk shares his thoughts on the Spurs‘ impending acquisition of Harrison Barnes, explains why he likes the fit and why he expects the veteran forward to be a starter in San Antonio. As Ellis notes, more minor roster moves will be necessary to open up enough cap room to accommodate Barnes’ incoming salary, so he’s reluctant to give his final assessment of the deal until it’s clear what those moves will be.
As Mike Finger of The San Antonio Express-News points out (via Twitter), the Spurs wouldn’t have been in position to add both Barnes and Chris Paul if they had kept the No. 8 overall pick in the draft, which carried a cap hit of $6.26MM.

Contract Details: George, Martin, Wiseman, Isaac, Hield, More

July 8th, 2024 at 6:49am CST by Luke Adams

Following the end of the July moratorium on Saturday, teams wasted no time in officially finalizing many of the contracts they’d agreed to up until that point.

Now that those contracts have been completed, we have the official details on many of them. Here, via several reporters – including Keith Smith of Spotrac, Michael Scotto of HoopsHype, and cap expert Yossi Gozlan – as well as our own sources, are some of those notable details:

Players with trade kickers:

Lakers forward LeBron James (15%), Knicks forward OG Anunoby (15%), Sixers forward Paul George (15%), Sixers forward Caleb Martin (15%), Mavericks sharpshooter Klay Thompson (15%), and Mavericks forward Naji Marshall (5%) received trade kickers on their new free agent deals, while Celtics guard Derrick White (15%) got one on his contract extension.

As an aside, James’ exact starting salary in 2024/25 is $48,728,845, which is $1,258,873 below the maximum he could have earned.

Players who waived their right to veto a trade:

A player who re-signs with his team on a one-year contract (or two-year contract with a second-year option) is typically awarded the right to veto a trade, but has the option to waive that option.

Heat center Thomas Bryant, Rockets guard Aaron Holiday, Raptors wing Garrett Temple, and Magic teammates Gary Harris and Moritz Wagner all surrendered their right to veto a trade in 2024/25 and could be moved freely.

Unlikely incentives:

Nets center Nic Claxton ($97MM base + $3MM incentives), Pacers forward Obi Toppin ($58MM +$2MM), Suns forward Royce O’Neale ($42MM +$2MM), and Sixers forward Martin ($35,040,704 + $5,256,106) are among the players whose contracts include unlikely bonuses that would boost the total guaranteed salary if those incentives are reached.

As cap expert Albert Nahmad observes, the structure of Martin’s contract helped the 76ers maximize their cap room, since his unlikely incentives don’t count toward the cap once he signs.

It wouldn’t surprise me if Martin’s “unlikely” incentives are easier to earn than a typical player’s incentives would be — I don’t expect them to be for making an All-Star team or anything like that. An incentive is considered unlikely for cap purposes if the player wouldn’t have met the criteria the year before. For example, as Nahmad suggests, a bonus related to Martin making 24 or more starts would be considered unlikely because he started 23 games last season. Martin’s bonuses – considered “unlikely” for cap purposes but perhaps “likely” to be earned in reality – could have served as a way to strengthen the Sixers’ offer without sacrificing that extra cap room.

It’s also worth noting that a player’s unlikely incentives can’t exceed 15% of his guaranteed base salary, and Martin’s $5,256,106 in incentives represent exactly 15% of his overall $35,040,704 salary.

Partial or non-guarantees and options:

James Wiseman‘s two-year, minimum-salary contract with the Pacers is guaranteed for $500K in year one, with a team option for 2025/26. That team option would be guaranteed for $569,041 if exercised (ie. the same percentage as his first-year salary).

Luka Garza got a similarly structured two-year, minimum-salary deal with the Timberwolves, except his first year is fully guaranteed prior to his second-year team option. That 2025/26 option would be guaranteed if picked up.

As previously reported, Isaiah Hartenstein‘s three-year, $87MM deal with the Thunder includes a team option for 2026/27. It’s worth $28.5MM, with $58.5MM in guaranteed money across the first two seasons.

Magic teammates Harris ($7.5MM) and Wagner ($11MM) each have second-year team options on their two-year deals.

The Rockets used their full bi-annual exception to give Holiday a two-year deal worth $9,569,400 that includes a second-year team option ($4,901,400).

Neemias Queta‘s three-year, minimum-salary contract with the Celtics is fully guaranteed in year one with a partial guarantee of exactly 50% ($1,174,789 of $2,349,578) in year two, plus a third-year team option for 2026/27. The third-year option ($2,667,944) would be guaranteed for 50% ($1,333,972) if exercised. Since his minimum deal covers more than two years, a team wouldn’t be able to acquire Queta via the minimum salary exception if he’s traded down the road.

Jonathan Isaac‘s new long-term deal with the Magic is partially guaranteed ($8MM of $14MM) in 2026/27, with non-guaranteed salaries of $14.5MM in 2027/28 and $15MM in 2028/29. However, each of those salaries would become fully guaranteed if Isaac plays at least 52 games in the prior season. For instance, if Isaac were to appear in 54 games in 2026/27, his $14.5MM salary for ’27/28 would be fully guaranteed.

Sign-and-trade contracts:

Interestingly, Kyle Anderson‘s and Buddy Hield‘s new contracts with the Warriors have the exact same salaries for the first three seasons: $8,780,488, $9,219,512, and $9,658,536. Anderson’s three-year deal is fully guaranteed for the first two years and non-guaranteed in year three.

As for Hield, his four-year contract is fully guaranteed for the first two years, with a partial guarantee of $3MM for year three. His fourth year is a $10,097,560 player option that would be partially guaranteed for $3,136,364 if exercised.

Klay Thompson’s three-year contract with the Mavericks comes in at exactly $50MM, as reported — it starts at $15,873,016 and features 5% annual raises.

Jonas Valanciunas‘ three-year contract with the Wizards is worth $30,295,000 in total, beginning at $9.9MM (which is the amount of the trade exception generated for the Pelicans). It’s fully guaranteed for the first two seasons and non-guaranteed in year three.

Cody Zeller got a three-year, $11,025,000 deal in the sign-and-trade that sent him from New Orleans to the Hawks. The first year is guaranteed for $3.5MM, with two non-guaranteed seasons after that.

Finally, as part of the Mikal Bridges trade, new Nets guard Shake Milton got a three-year, $9,162,405 contract that has a guaranteed first-year salary of $2,875,000, with two non-guaranteed years after that ($3MM in 2025/26 and $3,287,406 in ’26/27). His teammate Mamadi Diakite, who was also sent to Brooklyn in the trade, had his $2,273,252 salary partially guaranteed for $1,392,150.

Milton’s $2,875,000 salary, Diakite’s $1,392,150 partial guarantee, and Bojan Bogdanovic‘s $19,032,850 salary add up to $23.3MM, which is equivalent to Bridges’ salary — the exact amount of outgoing salary the Knicks needed to send to avoid being hard-capped at the first tax apron.

Hawks Trade Dejounte Murray To Pelicans

July 6th, 2024 at 6:37pm CST by Tristan Tucker

JULY 6: The trade sending Murray to the Pelicans is now official, according to press releases from both teams.

“Dejounte is among the best two-way guards in the NBA and adds another dimension to our team, and we could not be more excited to welcome him and his family to New Orleans,” Pelicans head of basketball operations David Griffin said within New Orleans’ announcement.

Cody Zeller was signed-and-traded to Atlanta as part of the deal for salary-matching purposes. His exact contract details have yet to be reported, but ESPN’s Bobby Marks (Twitter link) says the veteran center will earn in excess of $3MM in 2024/25. The contract must be for at least three years, though only the first season needs to be guaranteed.

Zeller’s inclusion means Murray can earn his full $12MM trade bonus.

The 2027 pick going to Atlanta, which will be the least favorable of the Bucks’ and Pelicans’ first-rounders, is top-four protected.

JUNE 28: The Hawks are trading guard Dejounte Murray to the Pelicans, according to ESPN’s Adrian Wojnarowski (Twitter link).

In exchange for Murray, the Pelicans are sending forward Larry Nance Jr., 2022 No. 8 overall pick Dyson Daniels, and two first-round picks to Atlanta, Shams Charania of The Athletic reports (Twitter links). Forward E.J. Liddell will also head to the Hawks in the deal, per Christian Clark of NOLA.com (Twitter link).

According to Wojnarowski (Twitter link), the picks the Pelicans are sending the Hawks in the deal are the Lakers’ 2025 first-round selection and a 2027 first-rounder, which will be the least favorable of the Bucks’ and Pelicans’ picks.

The Hawks originally acquired Murray from the Spurs in 2022 to pair him with star guard Trae Young. Atlanta sacrificed several draft assets – including its own unprotected 2025 and 2027 first-round picks and an unprotected 2026 first-round swap – to give Young a running mate in the backcourt, but the duo never really thrived as hoped.

While Murray was individually solid — averaging 21.5 points per game across 152 appearances with Atlanta over two seasons — the Hawks floundered as a team. Atlanta went 77-87 in Murray’s two years with the team and made the playoffs just once, losing in the first round to Boston in 2023. The Hawks were eliminated in the first play-in game this spring.

With the Hawks struggling at the midpoint of the 2023/24 season, Murray’s name began to come up in trade conversations ahead of the deadline. The Lakers were among the potential destinations mentioned most frequently, but the Hawks opted to not move him at that time.

For the Pelicans, this trade signals they’re looking to continue to climb the Western Conference standings after making the playoffs this season. Murray will provide added offense for a team that went 2-14 in close games last season, and Christian Clark of NOLA.com (Twitter link) says New Orleans believes he and CJ McCollum can coexist. McCollum thrived in an off-ball role last season, Clark notes.

As Wojnarowski reports (Twitter link), the Pelicans are still trying to come to terms on a middle ground with Brandon Ingram on a contract extension. Ingram’s name has frequently come up in trade rumors this offseason, with the expectation being that he’ll end up on the trade block if he and New Orleans don’t agree to an extension. Multiple reports have indicated that the Pelicans don’t intend to offer the forward another maximum-salary deal as he enters the final year of his current max contract.

Once this deal for Murray is completed, the Pelicans will find themselves just $4.7MM under the luxury tax line for 11 players, tweets cap expert Yossi Gozlan. They’ve never paid the luxury tax before and will need frontcourt depth, with just Zion Williamson, Jeremiah Robinson-Earl, and rookie Yves Missi as options for those spots, so it’s safe to assume more moves are coming, including possibly something involving Ingram.

As for the Hawks, trading Murray is a clear signal they’re willing to hear offers on most of their players. Jake Fischer of Yahoo Sports reported this morning that everyone on the roster except for Jalen Johnson and Zaccharie Risacher are on the table. That list of trade candidates – which features veterans like Clint Capela and De’Andre Hunter – could also include Young, though there was an expectation that Atlanta would likely just trade one of him or Murray — not necessarily both.

Young, like Murray, has been brought up in trade rumors since the start of the offseason and it sounds like the Hawks have at least entertained offers for their three-time All-Star. We’ll likely get more clarity on both Ingram and Young’s situations with the Pelicans and Hawks in the coming days.

Assuming New Orleans and Atlanta complete this deal as reported, with no pieces added and no other teams involved, the Pelicans will be hard-capped at the $178.7MM first apron for the 2024/25, ESPN’s Bobby Marks tweets, since they’re taking back more salary than they’re sending out.

The Pelicans and Hawks will also have to take into account Murray’s trade bonus, which had been the largest in the NBA — it’s worth over $12MM, tweets Marks. It will be spread out across three seasons, starting in 2024/25, increasing the guard’s cap hits by approximately $4MM per season. So instead of counting for $25.27MM toward the cap in 2024/25, he’ll have a cap hit of $29.27MM. The trade bonus bump isn’t applied to his player option year in 2027/28.

While the Pelicans must take on Murray’s larger cap hits, the Hawks will be responsible for paying the bonus, Marks notes. There’s also a possibility that Murray will agree to waive some or all of his trade bonus, which would make salary-matching simpler. If he gets his full bonus, the Pelicans will likely need to add more salary for matching purposes.

After sending AJ Griffin to Houston, the Hawks will save some more money in this deal as they acquire Nance’s expiring $11.21MM deal, Daniels’ rookie scale contract ($6.06MM in 2024/25), and Liddell’s minimum-salary pact ($2.12MM). According to Marks (Twitter link), the team’s salary now projects to be about $5.5MM below the luxury tax line with 14 players under contract.

Atlanta will hold team options on both Daniels and Liddell for the 2025/26 season.

Luke Adams contributed to this story.

Mavs Trade Hardaway, Second-Round Picks To Pistons For Grimes

July 6th, 2024 at 11:44am CST by Luke Adams

JULY 6: The Mavericks and Pistons have issued press releases confirming that their trade is official and that the details reported below are accurate.

JUNE 28: The Mavericks and Pistons are in agreement on a trade that will send veteran wing Tim Hardaway Jr. and three second-round picks to Detroit in exchange for swingman Quentin Grimes, reports Adrian Wojnarowski of ESPN (Twitter link).

The three draft assets will be Toronto’s 2025 second-round pick and a pair of 2028 second-rounders, Wojnarowski adds (via Twitter). Dallas has previously traded away its own 2028 second-rounder, but controls Miami’s pick and the least favorable of the Clippers’ and Hornets’ selections for that year, so those figure to be the ones headed to the Pistons.

This deal was first mentioned as a possibility by Marc Stein on Tuesday.

By moving off of Hardaway’s $16.2MM expiring contract and taking back Grimes (who will make about $4.3MM next season), Dallas will create upwards of $15MM in breathing room below the first tax apron, tweets cap expert Yossi Gozlan, putting the club in a position to use the full non-taxpayer mid-level exception (projected to be worth about $12.9MM).

Besides creating financial flexibility, the Mavs will also receive an intriguing young three-and-D player in Grimes, who showed promise in 2022/23 by averaging 11.3 points, 3.2 rebounds, and 2.1 assists in 29.9 minutes per game (71 games), with a .468/.386/.796 shooting line. He saw his minutes cut back in New York last season, and a knee injury limited him to just six games after he was acquired by Detroit in February.

Grimes, who will be eligible for a rookie scale extension this offseason as he enters the final year of his rookie contract, also drew trade interest from the Heat and Hawks, per Michael Scotto of HoopsHype (Twitter link).

Meanwhile, new Pistons president of basketball operations Trajan Langdon had spoken openly about his club’s willingness to take on unwanted contracts if they’re attached to more valuable assets. While the previous front office regime appeared to be viewing Grimes as a potential keeper, Langdon clearly prioritized the draft picks he’ll receive in this swap.

Hardaway’s value as a player also shouldn’t be overlooked. He’s coming off a season in which he averaged 14.4 points, 3.2 rebounds, and 1.8 assists in 26.8 minutes per game across 79 appearances, with a shooting line of .402/.353/.852. After he played a limited role in the playoffs though, there had been a sense that his days with Dallas were numbered.

It’s unclear if the Pistons intend to hang onto Hardaway heading into the 2024/25 season, but the team reportedly has had interest in adding veterans and shooting this summer, making THJ a potential fit. He’s a career 36.0% three-point shooter.

Hawks Sign No. 1 Pick Zaccharie Risacher To Rookie Contract

July 6th, 2024 at 11:32am CST by Luke Adams

Zaccharie Risacher, the No. 1 overall pick in the 2024 draft, has officially signed his rookie scale contract with the Hawks, according to the NBA’s transaction log.

A 19-year-old French forward who was born in Spain, Risacher began his professional career with ASVEL Basket in France in 2021. He spent the past season on loan to another French team, JL Bourg, where he showed promise as a shooter, ball-handler, and versatile defender.

The 6’9″ forward averaged 13.1 points, 3.6 rebounds, and 1.1 assists in 24.0 minutes per game across 17 EuroCup appearances in 2023/24, with a .566/.561/.659 shooting line. In 32 contests in France’s LNB Elite, he averaged 10.1 PPG, 3.8 RPG, and 0.9 APG on .439/.352/.740 shooting.

As our breakdown of rookie scale salaries shows, Risacher will almost certainly earn a first-year salary of $12.57MM, with a four-year total of $57MM on his rookie deal. Those figures are equivalent to 120% of the standard rookie scale amount, which is what nearly every first-rounder receives.

Risacher is expected to make his Hawks debut at the Las Vegas Summer League, which tips off next week.

And-Ones: Team USA, Bonuses, Summer League, Draft, Tavares

July 5th, 2024 at 7:07pm CST by Luke Adams

The members of the U.S. Olympic team that will compete in Paris this summer have arrived in Las Vegas, writes Tim Reynolds of The Associated Press. Team USA will hold a pre-Olympic camp in Vegas from July 6-8 and will be joined by a 15-man Select Team for scrimmaging purposes.

Led by LeBron James (two Olympic gold medals, 20 All-Star berths) and Kevin Durant (three gold medals, 14 All-Star berths), the 12-man Olympic roster is as formidable as any team USA Basketball has fielded in the 21st century, with 84 combined All-Star nods. It will make picking a starting lineup a challenging task for head coach Steve Kerr.

“It’s a good problem to have,” Kerr said on Friday, per Reynolds. “I’m guessing that all 12 players on this roster will be in the Hall of Fame someday. So, how do you pick five out of 12? The idea is, you find combinations that click, and you find two-way lineups that can be effective at both ends. Our big job in Las Vegas is to find five-man combinations that fit and to just ask all 12 guys to fully commit to the goal of winning a gold medal no matter what it looks like, no matter who’s playing.”

Here are a few more odds and ends from around the basketball world:

Expect NBA teams to include unlikely incentives less frequently in player contracts going forward, tweets ESPN’s Bobby Marks. Those unlikely bonuses don’t count against the cap if they’re not earned, but they do count when determining a team’s position relative to the tax aprons, giving high-spending teams less wiggle room below those aprons. For instance, the Heat – who are operating in between the first and second aprons – would presumably prefer not to have to account for the $1.5MM unlikely bonus Tyler Herro would earn for winning Defensive Player of the Year.
With the Bulls, Magic, Nets, Trail Blazers, Cavaliers, and Hawks among the teams announcing their Summer League rosters on Friday, Brett Siegel of Clutch Points has updated his tracker of the Summer League squads from around the NBA.
While no concrete decisions have been made yet about next year’s draft schedule, the expectation is that the NBA will want the second round (ie. the second day) to start in the evening instead of the afternoon, Marc Stein writes at his Substack. The second day of the 2024 draft began at 4:00 pm Eastern time on June 27 so as not to compete with the U.S. presidential debate that was scheduled for that evening.
There had been some speculation in the spring that Walter Tavares might try to make an NBA comeback this summer, but the former Hawks and Cavaliers big man – who has been a star in Europe since 2017 – won’t be going anywhere, having signed a five-year contract with Real Madrid, the Spanish team announced in a press release. The all-time EuroLeague blocks leader, Tavares has won a pair of EuroLeague championships with Madrid in 2018 and 2023.

Trade Rumors: Markkanen, DeRozan, Young, Cavaliers

July 5th, 2024 at 4:09pm CST by Rory Maher

The Jazz continue to listen to trade offers for Lauri Markkanen, according to ESPN’s Zach Lowe (subscriber link), who hears from sources who say the Heat are among the teams interested in the star forward.

As Lowe writes, Markkanen’s situation is complicated because he’s on a below-market contract that will pay him $18MM in 2024/25, which is the final season of his contract. That makes a standard contract extension – which can’t start above 40% of his current salary – unlikely. Rival teams may not be willing to give up a major haul of assets with no guarantees that the 27-year-old would stick around beyond next season.

Utah could potentially get more value in return for Markkanen in several months if the team renegotiates and then extends his contract. However, that scenario is also tricky.

As Marc Stein details (Substack link), Markkanen becomes eligible for a renegotiation and extension on August 6, but he won’t be trade-eligible for six months if he signs a new deal. That means if he signs the extension on the first day he’s eligible to, he would only be eligible to be traded for one day during the season: February 6, the day of the deadline. If the extension is signed on August 7 (or later), Markkanen would not be eligible to traded during the upcoming season.

While it’s not surprising that the Heat have shown interest in the Finnish star, Barry Jackson of The Miami Herald casts doubt (via Twitter) on the feasibility of the team actually acquiring him. As Jackson notes, Utah has placed a high asking price in previous talks with Miami, which lacks future first-round picks to offer.

One team interested in Markkanen seems confident that he’ll eventually be traded, per Stein. Utah’s own 2025 first-round pick is top-10 protected, so the Jazz could be incentivized to tank ahead of a strong draft class. Utah has also struggled to acquire a second star to build the roster around him.

Here are some more trade rumors from around the NBA:

The Kings appear to be the frontrunner to acquire DeMar DeRozan in a sign-and-trade with the Bulls, according to ESPN’s Adrian Wojnarowski, who made the comments on SportsCenter (Twitter video link; hat tip to RealGM). However, Wojnarowski said a third team would likely to be need to be involved to absorb salaries, as Chicago is reluctant to add to its payroll. A six-time All-Star, DeRozan remains the top free agent left on the market.
According to Lowe, the trade market for Hawks point guard Trae Young “is as chilly as it has ever been.” Sources tell Lowe that the Spurs and Lakers — two teams linked to Young — haven’t expressed much recent interest in the three-time All-Star. Lowe says San Antonio appears unmotivated to help Atlanta regain control of its own first-round picks in a deal for Young.
Lowe hears rumors of Darius Garland potentially requesting a trade from the Cavaliers following Donovan Mitchell‘s extension have “quieted,” which confirms a report from his ESPN colleague Brian Windhorst. According to Lowe’s sources, the Cavs are still on the hunt for a 3-and-D wing, with Nets forwards Cameron Johnson and Dorian Finney-Smith worth monitoring, though Cleveland only has one tradable first-round pick (2031). Stein has also heard that center Jarrett Allen will likely be difficult to acquire after Kenny Atkinson was hired as head coach, which means the Cavs could have the same core together entering next season.