Brooklyn Nets Rumors | Hoops Rumors

Contract Details: DiVincenzo, Brown, Warren, Eubanks, Pinson

July 9th, 2022 at 11:51am CST by Luke Adams

Donte DiVincenzo‘s new two-year contract with the Warriors includes a 15% trade kicker, Hoops Rumors has learned. Golden State signed DiVincenzo using a $4.5MM chunk of its taxpayer mid-level exception, leaving a leftover portion of $1,979,000 on that MLE. DiVincenzo’s second-year player option is worth $4,725,000.

Here are a few more details on recently signed contracts:

Bruce Brown‘s two-year deal with the Nuggets is worth the full taxpayer mid-level exception ($6,479,000), with the maximum allowable 5% raise for his second-year player option ($6,802,950), Hoops Rumors has learned.
T.J. Warren‘s one-year contract with the Nets is worth the veteran’s minimum, Hoops Rumors has confirmed. Warren will earn a $2,628,597 salary while Brooklyn takes on a cap hit of $1,836,090 for the veteran forward.
As expected, the new one-year contracts Drew Eubanks (Trail Blazers) and Theo Pinson (Mavericks) are also worth the veteran’s minimum. Both deals are guaranteed.

Koreen, Schiffer Engage In Mock Kevin Durant Trade Negotiations

July 8th, 2022 at 11:53am CST by Luke Adams

After bouncing back and finishing the season strong, Boucher received offers from other teams during his first foray into unrestricted free agency. The Celtics, Bucks, Nets, and Bulls were reportedly among the clubs to express interest. But Boucher suggested on Thursday that he never seriously considered leaving Toronto.

Eric Koreen and Alex Schiffer of The Athletic, representing the Raptors’ and Nets‘ front offices, engaged in mock trade negotiations on a potential Kevin Durant trade, as Koreen explores whether there’s a way to get Durant to Toronto in a deal that meets Brooklyn’s asking price without including Scottie Barnes. Schiffer is amenable to a hypothetical package of Pascal Siakam, Gary Trent, Precious Achiuwa, three unprotected first-rounders, and a pick swap in exchange for Durant and Seth Curry.

Lakers, Nets Explore Involving Spurs In Westbrook/Irving Talks?

July 8th, 2022 at 9:23am CST by Luke Adams

The Lakers and Nets are exploring the possibility of getting the Spurs involved in a multi-team trade that would feature Russell Westbrook and Kyrie Irving, sources tell Eric Pincus of Bleacher Report.

Los Angeles and Brooklyn don’t appear to be on the verge of finalizing any deal involving Westbrook and Irving, with their discussions to date being characterized as “preliminary.” Irving reportedly wants to play for the Lakers, but the Nets don’t seem to have much interest in taking back Westbrook’s pricier expiring contract, even with draft assets attached, leading to speculation that a third team will have to be included.

The Spurs are the obvious choice to be that third team because they have about $30-35MM in projected cap room remaining. That doesn’t give them enough space to absorb Westbrook’s $47MM salary outright, but they could potentially get there by sending out Doug McDermott ($13.75MM) or Josh Richardson ($12.2MM), as Pincus observes.

In a scenario where Irving heads to L.A. and Westbrook goes to San Antonio, any sweeteners (ie. future draft picks) the Lakers would have sent to Brooklyn would presumably be re-routed to the Spurs as an incentive for taking on Westbrook’s unwanted contract.

While the structure of such a deal makes some sense, three-team deals are never easy to negotiate and this one would be especially complicated.

The Nets may want to resolve Kevin Durant‘s trade request before making a move with Irving, and don’t appear eager to rush into a deal involving either player.

The Lakers look like Irving’s only legitimate suitor for the time being, so they don’t want to overpay for him, especially since he’s on an expiring contract of his own. But they could feel some pressure to make a move if star forward LeBron James, who becomes extension-eligible next month, is pushing for it.

The Spurs, meanwhile, will probably have other opportunities to use their cap room to acquire draft assets from teams looking to shed salary, so they’ll have to consider all their options.

Appearing today on ESPN’s Get Up (video link), Brian Windhorst said he believes a deal sending Irving to the Lakers will “eventually” get done, but said it’s probably going to be “a fight along the way.”

Trade/FA Rumors: Mitchell, Durant, Ayton, Pacers

July 7th, 2022 at 10:23am CST by Luke Adams

After reporting on The Hoop Collective (video link) earlier this week that Donovan Mitchell inquired about the Jazz‘s plan following the team’s trades of Rudy Gobert and Royce O’Neale, Brian Windhorst said during an appearance on ESPN’s Get Up on Thursday that the star guard is not believed to be on the verge of asking for a trade (video link).

“After the Gobert trade, there was a belief that maybe Mitchell would be next, and maybe at some point he will be,” Windhorst said. “But for now the Jazz are telling people they don’t intend to trade him, and on Mitchell’s side, he’s going to stand pat. He’s not going to force any action right now.”

Reports at the time of the Gobert trade indicated that the Jazz planned to retool their roster around Mitchell, while subsequent reporting suggested teams still believed the 25-year-old could be had for the right price. If Mitchell doesn’t express any desire to leave Utah, it seems very unlikely that the Jazz will move him this offseason.

Here are a few more trade and free agency rumors from around the NBA:

Although ESPN’s Adrian Wojnarowski still believes a Kevin Durant trade is likely to happen, he said during an appearance on NBA Today (video link) that it’s “absolutely” possible the former MVP could end up remaining with the Nets into the fall. “Brooklyn, they don’t have to take a deal that they don’t want to do. They don’t have to talk themselves into a deal,” Wojnarowski said. “At the same time, Kevin Durant, as he looks at the situation, could he look at it differently over time? That’s certainly a possibility.” Wojnarowski explained that he believes Durant could have second thoughts about his trade request if his potential new team would have to gut its roster to trade for him.
During an appearance on ESPN’s Get Up on Thursday (video link), Windhorst said the Durant sweepstakes may not be creating the frenzy the Nets had hoped for. “When the Nets put him on the market, I think they thought there was going to be a tremendous bidding war,” Windhorst said. “And while there’s a lot of interest, from what I can tell that bidding war isn’t really hot right now. The teams have made their offers and they don’t really feel the need to increase them.”
According to Windhorst, the return Utah received in the Gobert trade has complicated the Durant negotiations: “The Nets responded (to the Gobert trade) by saying, ‘The price for Durant just went higher,’ and the rest of the league is kind of saying, ‘We don’t think so. We don’t want to pay that price. We didn’t like that trade,'” Windhorst acknowledged that talks could heat up when team executives gather at Las Vegas for Summer League starting this week.
John Gambadoro of Arizona Sports 98.7 (Twitter link) believes we may see action on the Deandre Ayton front before the end of the week, adding that he has heard “rumblings” about the possibility of the Pacers signing the Suns‘ restricted free agent center to an offer sheet.

Contract Details: Monk, Bucks, Edwards, Dort, Jones

July 6th, 2022 at 9:37pm CST by Luke Adams

Malik Monk‘s two-year deal with the Kings is worth approximately $19.42MM in total, with a first-year salary of $9.47MM, Hoops Rumors has learned. While Sacramento used most of the mid-level exception to bring Monk aboard, the team still has $1,017,781 left on the MLE, which is the exact value of the rookie minimum salary.

The Kings didn’t have a second-round pick in this year’s draft, so that leftover mid-level money won’t go to a 2022 draftee. But the club may have it earmarked for a player like Sasha Vezenkov, a 2017 second-rounder whose draft rights were acquired from Cleveland last month. Using that leftover mid-level money, Sacramento could offer Vezenkov – or another player – a minimum-salary deal that exceeds two years.

Here are a few more details on recently-signed contracts from around the NBA:

As expected, Joe Ingles got the full taxpayer mid-level exception ($6.48MM) from the Bucks, while Bobby Portis‘s four-year deal is worth the most he could receive using his Early Bird rights ($48.58MM), Hoops Rumors has learned. Portis’ contract includes a 15% trade kicker and a fourth-year player option.
Wesley Matthews‘ new deal with the Bucks is a one-year, minimum-salary contract, while the team used Jevon Carter‘s Non-Bird rights to give him a first-year salary ($2.1MM) worth a little more than his minimum ($1.97MM). Carter’s second-year player option is for the veteran’s minimum.
Kessler Edwards‘ two-year deal with the Nets, which features a second-year team option, is – as expected – worth the minimum.
Luguentz Dort‘s five-year contract with the Thunder includes a team option in year five and has a total base value of $82.5MM. It can be worth up to $87.5MM if Dort earns $5MM in total unlikely bonuses ($1MM annually), tweets ESPN’s Bobby Marks.
Tyus Jones‘ two-year deal with the Grizzlies begins at $15MM and declines to $14MM in 2023/24, per Marks (Twitter link). The deal includes an additional $1MM in unlikely incentives related to the team’s performance, Marks adds.

New York Notes: Nets Assistants, Grimes, Hartenstein, Brunson

July 6th, 2022 at 3:27pm CST by Rory Maher

The Nets have added Igor Kokoškov, Adam Caporn and Trevor Hendry as assistant coaches on Steve Nash‘s staff, per a team press release.

Kokoškov has extensive NBA experience, having served as an assistant coach for 20 years with the Clippers, Pistons, Suns, Cavs, Magic, Jazz, Kings, and most recently with the Mavericks last season. He was the head coach of the Suns for one season, in 2018/19.

In addition to his NBA coaching jobs, Kokoškov has also led the Georgian, Slovenian and Serbian national teams. He was the head coach of Turkish club Fenerbahçe in ’20/21. Marc Stein reported last month that Kokoškov was expected to join Brooklyn.

Caporn was the head coach of Brooklyn’s G League affiliate, the Long Island Nets, last season. A native of Australia, Caporn played college ball at Saint Mary’s before joining the NBL for six seasons as a pro. He has extensive experience in player development and is currently an assistant with the Australian national team, helping the Boomers win a bronze medal at the Tokyo Olympics last summer.

Hendry has been the Nets’ head video coordinator for the past four seasons. He’s been with the organization since 2014, serving in a variety of roles in the basketball operations department prior to becoming video coordinator.

Here’s more from New York:

Knicks guard Quentin Grimes has a simple goal for Las Vegas Summer League, writes Zach Braziller of The New York Post. “Really come out here and dominate,” Grimes said after the team’s first practice at Cox Pavillion. “I feel like I played well last year. Just coming in this year being a second-year guy, I know what to expect, I know how the games are. Just go out there and try to dominate every time offensively and defensively.” The 25th pick of the 2021 draft, Grimes averaged 6 PPG and 2 RPG while shooting 38.1% from three-point range and playing solid defense in 46 games (17.1 MPG) as a rookie last season. Grimes dealt with a dislocated knee cap towards the end of last season, but he says he’s fully healthy now, per Braziller.
Fred Katz and Law Murray of The Athletic take a look at what the Knicks can expect from center Isaiah Hartenstein, who agreed to a two-year, $16.7MM deal with New York in free agency. A strong passer and play-maker, Hartenstein could unlock easy baskets for players like Grimes, Immanuel Quickley, Evan Fournier and RJ Barrett, according to Murray, who says Hartenstein was underutilized offensively by the Clippers last season. Although he isn’t the most athletic player, Murray notes that Hartenstein rotates well on defense and uses his length to effectively defend the paint. Hartenstein posted impressive per-36 averages of 1.5 steals and 2.3 blocks per game last season.
Signing Jalen Brunson is a make-or-break move for Leon Rose‘s tenure as president of basketball operations, argues Ian Begley of SNY.tv. Begley details Rose’s 2021 offseason moves, which were considered low-risk at the time, yet the Knicks were forced to package various draft assets to move off the salaries of Kemba Walker, Nerlens Noel and Alec Burks in order to create cap space to sign Brunson. Sources tell Begley that one rival team was willing to trade a second-rounder to acquire Burks, but the Knicks ended up giving away two second-round picks and $6MM to Detroit to move Burks and Noel. Rose’s CAA connections haven’t led to sustained success to this point, per Begley, and signing Brunson needs to work out considering all the assets the Knicks gave up.
Part of the reason Brunson decided to sign with the Knicks is because he thought he’d have a better chance at becoming an All-Star in the East than the West, Marc Stein writes in his latest article for Substack. As Stein relays, Brunson is the first player in league history to receive a nine-figure contract from a new club without making an All-Star team, per ESPN Stats & Info (Twitter link).

Nets Re-Sign Kessler Edwards

July 6th, 2022 at 11:37am CST by Luke Adams

The Nets have officially signed free agent wing Kessler Edwards to a new multiyear contract, the team announced today in a press release. Exact terms of the deal aren’t yet known, but Michael Scotto of HoopsHype (Twitter link) reports that it’s a two-year agreement with a second-year team option.

The 44th overall pick in the 2021 draft, Edwards spent most of his rookie year on a two-way contract, then was signed to a standard deal right before the end of the regular season in order to make him playoff-eligible.

Edwards showed promise in his first NBA season, averaging 5.9 points and 3.6 rebounds per game in 48 appearances (20.6 MPG). The former Pepperdine standout posted a .412/.353/.842 shooting line and even made 23 starts when the team’s depth was impacted by injuries and COVID-19.

The Nets declined Edwards’ minimum-salary player option last week in order to give him a qualifying offer and make him a restricted free agent. That QO was later rescinded, making him unrestricted, but it appears Brooklyn’s interest in bringing back the former second-round pick never wavered.

The Nets have now signed or agreed to terms with three free agents in the last two days, having also struck deals on Tuesday with forward T.J. Warren and guard Edmond Sumner. The club now projects to have 13 of its 15 standard roster spots filled, though obviously trades involving Kevin Durant and/or Kyrie Irving could change that.

Fischer’s Latest: Ayton, Durant, S. Barnes, Kyrie

July 6th, 2022 at 10:16am CST by Luke Adams

Deandre Ayton appears to have been the free agent most directly affected by the ongoing Kevin Durant sweepstakes, writes Jake Fischer of Bleacher Report.

As Fischer outlines, Ayton’s restricted free agency has been stalled in part because he could theoretically be an outgoing piece in a Suns deal for Durant and also because teams with interest in both players – including Toronto – won’t want to give up assets in a sign-and-trade for Ayton before seeing what happens with Durant.

According to Fischer, the Pacers and Raptors have been the teams most frequently linked to Ayton, with the Jazz described as a less likely destination for the young center. The Pacers and Spurs are the only teams that have the cap flexibility necessary to realistically extend an offer sheet to Ayton. It’s unclear whether he’d rather try to pursue a deal with one of them or wait for a possible sign-and-trade opportunity to a team closer to contention, Fischer says.

One hypothetical scenario is a multi-team trade that sends Durant to Phoenix; Ayton to Indiana in a sign-and-trade; and Myles Turner, multiple Suns wings, and draft capital to Brooklyn. However, Fischer hears from sources that such a package is unlikely to meet the Nets’ high asking price for Durant.

Here’s more from Fischer:

League personnel have begun to discuss the possibility of the Nets simply hanging onto Durant and Kyrie Irving into the regular season, according to Fischer. “Rudy Gobert getting traded for an arm, a leg and two mountains is helping their cause. There’s no way the Nets will ever trade Kevin Durant for anything less than what Rudy Gobert got Utah,” a Western Conference executive told Fischer. “If nothing comes, I can see them saying (to the players), ‘We just all have to come back.’ If I’m them, I just try to string this out as long as possible.”
As has been previously reported, there’s skepticism that the Suns will be able to build a package that appeals to the Nets without getting at least one more team involved. “Deandre Ayton, Mikal Bridges, Cam Johnson and five picks still isn’t enough to me for KD,” one GM said to Bleacher Report.
Multiple sources with knowledge of the situation tell Fischer that the Raptors remain unwilling to part with Rookie of the Year Scottie Barnes.
Fischer’s league sources “strongly discounted” the idea that either the Mavericks or Sixers is a serious suitor for Irving. The Lakers remain Brooklyn’s most obvious trade partner for Kyrie, but there’s a sense that they may need to involve a third team to meet the Nets‘ asking price — a package of Russell Westbrook and draft assets wouldn’t maximize Brooklyn’s chances of contending in the short term, Fischer explains.

Latest On Kevin Durant, Kyrie Irving

July 6th, 2022 at 9:30am CST by Luke Adams

Both Adrian Wojnarowski of ESPN (appearing on NBA Today) and Shams Charania of The Athletic (appearing on The Pat McAfee Show) stressed on Tuesday that the Nets‘ trade of Kevin Durant could take some time, with the team in no rush to make a deal.

While Wojnarowski observed that being able to have face-to-face conversations with other teams at the Las Vegas Summer League starting this week could help the Nets gather some momentum toward an agreement, he and Charania both noted that many past superstar trades – such as James Harden to Brooklyn or Anthony Davis to Los Angeles – have taken several months to come together.

There has been no indication that Durant will rescind his trade request and happily report to Brooklyn in the fall if the Nets have trouble finding a deal they like, says Charania. However, the Nets have been telling teams that until their asking price (All-Star caliber players and a “boatload” of draft picks) is met, they won’t move the former MVP, according to Charania.

Here’s more on Durant and his teammate and fellow trade candidate Kyrie Irving:

Wojnarowski said on NBA Today that he views the Raptors as the most “seamless” one-on-one trade partner for the Nets with Durant, since other suitors like the Suns and Heat would probably require a third team to get anything done. Wojnarowski said that “people should be watching” the Raptors, while ESPN’s Bobby Marks said during an NBA Today appearance of his own (video link) that he considers Toronto the “leader in the clubhouse.”
Appearing on Sportsnet The Fan’s Morning Show in Toronto (audio link), ESPN’s Brian Windhorst expressed some skepticism that the Raptors will be willing to put Scottie Barnes into an offer for Durant.
Wojnarowski views the Nets’ Tuesday deals with T.J. Warren and Edmond Sumner as another signal that they aren’t looking to rebuild and will want “good players” in any Durant trade. Marks, meanwhile, believes those agreements are a sign that no Durant deal is imminent and the Nets recognized they needed to start filling out their roster rather than waiting for a 5-for-1 type trade to materialize.
Kevin O’Connor of The Ringer makes a case for why he views New Orleans as the most logical landing spot for Durant and why he thinks the Pelicans have more than enough assets to get a deal done.
According to Wojnarowski, the Nets and Lakers are engaged in a “dance” over the Irving negotiations and don’t appear to have made serious inroads toward a deal. On The Pat McAfee Show (video link), Charania agreed, suggesting that it’s not a lock Kyrie will end up in L.A. “There’s no traction on any type of a Lakers deal for Kyrie Irving,” Charania said. “There’s nothing new on that. I’m not quite sure we’re going to see that take place.

Nets Sign Edmond Sumner

July 5th, 2022 at 10:58am CST by Luke Adams

JULY 8: The Nets have officially signed Sumner, the team announced today in a press release.

JULY 5: After reaching a contract agreement with T.J. Warren earlier in the day, Brooklyn is set to sign another former Pacer who missed the entire 2021/22 season due to an injury.

According to Adrian Wojnarowski of ESPN (Twitter link), the Nets and free agent guard Edmond Sumner have agreed to a deal. Sumner tore his left Achilles tendon last September and was sidelined all of last season as he recovered.

Prior to the injury, Sumner enjoyed a career year in Indiana in 2020/21, playing a career-high 16.2 minutes per game and earning 24 starts in 53 contests. The 6″4″ guard averaged 7.5 PPG and 1.8 RPG with an impressive shooting line of .525/.398/.819, and projected to be part of the Pacers’ rotation for ’21/22.

The Nets actually acquired Sumner in a trade with the Pacers during the 2021 preseason, following his Achilles tear, but that was a salary-dump deal that sent a future second-round pick to Brooklyn. Sumner was waived a few days later.

While the terms of the agreement between Sumner and the Nets have yet to be reported, it’s almost certain to be a minimum-salary contract.

Brooklyn’s roster remains in flux due to the unresolved Kevin Durant and Kyrie Irving situations, so Sumner’s exact role remains to be determined, but he’ll likely be a depth piece in the backcourt.