Brooklyn Nets Rumors | Hoops Rumors

Knicks, Nets Expanding Bridges Trade To Include Milton, Diakite, Bates-Diop

July 4th, 2024 at 11:18am CST by Rory Maher

The Knicks intend to sign-and-trade Shake Milton to the Nets as part of the blockbuster trade that will send Mikal Bridges from Brooklyn to New York, Shams Charania of The Athletic reports (via Twitter). Milton will receive a three-year, $9MM contract, but only the first season is guaranteed.

New York will also be including Mamadi Diakite in the trade, league sources tell Fred Katz of The Athletic (Twitter link). The Knicks have been looking for ways to add salary to the original framework to avoid being hard-capped at the first tax apron ($178.1MM), Katz notes. By aggregating salaries, the Knicks will instead be hard-capped at the second apron ($188.9MM).

The Nets will be sending the Knicks Keita Bates-Diop as part of the expanded deal, per Charania.

As cap expert Yossi Gozlan explains (Twitter links), the Knicks can give Milton a $3.1MM salary for 2024/25 using his Non-Bird rights. They will also be partially guaranteeing Diakite’s contract, which is currently non-guaranteed, to make the math work to get to at least $23.3MM in outgoing salary (the equivalent of Bridges’ 2024/25 cap hit). Sending out less outgoing salary than Bridges’ incoming figure would’ve hard-capped New York at the first apron.

Teams aren’t permitted to aggregate two or more minimum-salary contracts in a trade for matching purposes during the offseason. Diakite is on a minimum deal, but Milton will be earning 20% above his minimum salary, allowing the Knicks to avoid that trade restriction.

The Knicks will not have to account for Bates-Diop’s incoming salary for matching purposes because he fits into the minimum-salary exception.

After the trade, Gozlan projects the Knicks to have approximately $172MM in salary committed to 11 players. That means they’ll be about $16.9MM below the second apron, giving the team the financial flexibility to use the taxpayer mid-level exception and potentially re-sign Precious Achiuwa, who is an unrestricted free agent.

Here’s a rundown of the full trade, at least what has been reported thus far:

Knicks to acquire Mikal Bridges, Keita Bates-Diop and a 2026 second-round pick.
Nets to acquire Bojan Bogdanovic, Shake Milton (sign-and-trade), Mamadi Diakite, the Knicks’ 2025 first-round pick, the Bucks’ 2025 first-round pick (top-four protected), the Knicks’ 2027 first-round pick, the Knicks’ 2029 first-round pick, the Knicks’ 2031 first-round pick, the right to swap a 2028 first-round pick for the Knicks’ 2028 first-round pick, and the Nets’ 2025 second-round pick.

According to Gozlan, the Nets will create a $23.3MM trade exception (Bridges’ salary) if they absorb Bodganovic’s salary into an existing TPE worth $20.3MM (Twitter link). Using an exception from a previous season hard-caps a team at the first apron, but so does acquiring a player via sign-and-trade (Milton), so it seems safe to assume Brooklyn will use that preexisting TPE on Bogdanovic.

Milton, 27, was a productive bench player for Philadelphia for several seasons before signing with Minnesota last summer. The Wolves traded him to the Pistons before the February deadline, and he was subsequently waived, later signing a rest-of-season deal with the Knicks in early March as a free agent. He only appeared in four regular season games with New York.

Diakite, also 27, has bounced around the NBA over the course of his four seasons, suiting up for the Bucks, Thunder, Cavaliers, Spurs and Knicks on a variety of different contracts.

Bates-Diop, 28, has played for the Wolves, Nuggets, Spurs, Suns and Nets over the course of his seven years in the NBA. He exercised his player option for ’24/25 last month.

Eastern Notes: Cavs, Ott, Nets, Celtics, Hawks

July 3rd, 2024 at 11:21pm CST by Luke Adams

After spending the past two seasons as a Lakers assistant, Jordan Ott has agreed to join Kenny Atkinson‘s coaching staff with the Cavaliers, sources tell Adrian Wojnarowski of ESPN (Twitter link).

Ott, who previously worked under Atkinson in Brooklyn, interviewed for Charlotte’s head coaching position this spring. According to Wojnarowski, Ott was a finalist in that process before the Hornets ultimately chose Charles Lee.

Michael Scotto of HoopsHype first reported that Ott was expected to land in Cleveland as an assistant if the Cavs decided to hire Atkinson.

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

Agents and league executives who have spoken to Brian Lewis of The New York Post don’t expect the Nets to opt for an extended rebuilding process that would see them slowly stockpile draft assets and sacrifice their projected 2025 cap room by taking on unwanted multiyear contracts. According to Lewis, the team is considered more likely to hang onto its biggest expiring contracts – including Ben Simmons‘ – and to pursue roster upgrades a year from now when could have upwards of $80MM in cap space.
Fred Katz of The Athletic takes a wide-ranging look at the Knicks‘ free agent and trade options to add a backup center, suggesting that Precious Achiuwa might be the top free agent candidate to end up in New York, even though he’s not the sort of “conventional” shot blocker and rim protector that head coach Tom Thibodeau would prefer.
In a pair of stories for MassLive.com, Brian Robb examines what the Derrick White contract extension means for the Celtics going forward – from both a roster and cap perspective – and notes that Boston will have a couple holes to fill on its coaching staff after the Hornets announced that former Blaine Mueller and Jermaine Bucknor are joining Charles Lee in Charlotte. Mueller coached the Maine Celtics last season, while Bucknor was a player development coach in Boston. Another Celtics assistant, Sam Cassell, was “heavily targeted” by rival teams seeking an experienced assistant, but appears likely to remain in Boston, Robb adds.
The Hawks are being sued by longtime executive and former team president Robert “Bob” Williams, who has accused the team of breach of contract and claims he’s owed a $660K bonus. Rosie Manins of The Atlanta Journal-Constitution has the details in a subscriber-only story.

FA/Trade Rumors: Sixers, Heat, DeRozan, Warriors, Markkanen, Lakers, More

July 3rd, 2024 at 2:14pm CST by Luke Adams

Signs are pointing toward Paul Reed being traded or waived rather than returning to the Sixers, according to Keith Pompey of The Philadelphia Inquirer, who notes that waiving Reed or using his pseudo-expiring $7.7MM contract as a trade chip would allow the team to maximize its cap room. Pompey adds that Philadelphia has had discussions with free agent forward Haywood Highsmith, while Barry Jackson of The Miami Herald tweets that the 76ers have also “poked around” on Caleb Martin.

Although the Heat remain in the mix for both of their free agents and could technically make Martin and Highsmith big offers, they’ve told people they don’t intend to surpass the second tax apron due to the roster-building restrictions that second-apron teams face, says Jackson (Twitter link). That limits Miami’s ability to make a competitive offer to either player.

Despite the Heat’s financial restrictions, Jovan Buha of The Athletic has heard from league sources that Miami is viewed as the “slight” favorite to land DeMar DeRozan. The team doesn’t have the spending flexibility to make it work without additional moves, but DeRozan likes the idea of playing for the Heat and the two sides have remained in touch, tweets Jackson.

Here are a few more rumors and notes related to the trade and free agent markets:

The Warriors and Spurs are considered the most serious suitors for Jazz forward Lauri Markkanen, according to Chris Haynes of Bleacher Report (video link), who says Golden State has been the most aggressive team in its pursuit of Markkanen.
Appearing on SportsCenter on ESPN (Twitter video link), Adrian Wojnarowski said the Lakers aren’t interested in using their tradable draft picks just to move off contracts, but would be open to including draft assets for a quality player. However, they’re not pursuing a deal for a high-salary impact player, since they’re skeptical the three-star model is feasible under the new CBA, Wojnarowski explains.
While a report on Monday suggested the Nets are open to reuniting with Lakers guard D’Angelo Russell, sources tell Brian Lewis of The New York Post that’s not expected to happen.
In an appearance on Sactown Sports 1140 (YouTube link), Sam Amick of The Athletic said that he’s skeptical the Kings will land Markkanen or Pelicans forward Brandon Ingram, noting that Sacramento still appears to be taking a hard line in its desire to keep Keegan Murray off the table in trade talks. “I don’t know how long the list of guys is that they would give Keegan up for, but it’s not anybody currently available on the market,” Amick said.

Scotto’s Latest: Markkanen, Achiuwa, Knicks, Kessler, Vucevic, Sixers

July 2nd, 2024 at 3:57pm CST by Luke Adams

The expectation around the NBA, according to Michael Scotto of HoopsHype, is that the Jazz will only seriously consider trading Lauri Markkanen if they receive a huge offer similar in value to the one Brooklyn got for Mikal Bridges, which included four unprotected first-round picks, an unprotected first-round swap, and one more lightly protected first-rounder.

The decision on Markkanen is viewed as an inflection point for the Jazz, who could accelerate their timeline by trying to find another star to join him in Utah or extend their timeline by moving the star forward and continuing to stockpile assets ahead of a loaded 2025 draft.

In addition to confirming the four teams previously reported to have interest in Markkanen (the Warriors, Spurs, Kings, and Timberwolves), Scotto adds the Pelicans to the list of potential suitors for the star forward. However, he says New Orleans has been reluctant to discuss valuable young role players like Trey Murphy and Herbert Jones.

Brandon Ingram, the most obvious trade candidate on the Pelicans’ roster, wouldn’t be a logical target for Utah in a Markkanen trade. New Orleans is including a pair of first-round picks in its deal for Dejounte Murray but could still offer as many as four first-rounders (2025, 2027, 2029, and 2031) in a package for a player like Markkanen.

Here’s more from Scotto:

Unrestricted free agent Precious Achiuwa – who is drawing interest from multiple contenders, per Ian Begley of SNY.tv – liked playing in New York and remains open to re-signing with the Knicks, Scotto writes. The Knicks’ search for help at center has also involved making trade calls to the Jazz about Walker Kessler and the Hornets about Nick Richards, according to Scotto, who says rival executives think the Jazz are more willing to listen to inquiries on Kessler than they would’ve been a year ago.
With DeMar DeRozan seemingly on the verge of leaving Chicago, there’s a belief around the league that the Bulls may look to trade Nikola Vucevic and make the roster even younger, league sources tell Scotto.
Providing several Sixers-related updates, Scotto says Philadelphia is expected to either trade or waive Paul Reed and his $7.7MM non-guaranteed contract, has exploratory trade interest in Nets forward Dorian Finney-Smith, and wants to add more shooting and guard depth, with Lester Quinones and Kyle Lowry among the players on its radar. Additionally, second-round pick Adem Bona is expected to get a standard contract and a place on the 76ers’ 15-man roster, Scotto reports.

L.A. Notes: Lakers, Klay, DeRozan, Clippers, George, Batum

July 2nd, 2024 at 7:53am CST by Luke Adams

The Lakers are believed to have made a bid for Klay Thompson that would’ve been for more years and more overall money than the three-year, $50MM deal he accepted from the Mavericks, according to reports from Dan Woike of The Los Angeles Times and Tim MacMahon of ESPN on the Hoop Collective podcast (hat tip to RealGM). Los Angeles would have had to send out salary and assets in a sign-and-trade to make such an offer.

The Lakers were “extremely intriguing” to Thompson, says ESPN’s Adrian Wojnarowski. However, sources tell Wojnarowski that the Mavericks’ NBA Finals run and the financial advantages of living in Texas were among the deciding factors for the veteran sharpshooter, who will be joining a new team for the first time since entering the NBA in 2011.

LeBron James reportedly made a recruiting call to Thompson when free agency opened and the Lakers had a face-to-face meeting with the 34-year-old on Sunday night, per Marc Stein (Twitter link). But, as Stein writes, the Mavs had Thompson’s former USA Basketball teammate Kyrie Irving on their side for recruiting purposes and were able to secure Thompson’s commitment following their own face-to-face meeting.

Here’s more out of Los Angeles:

Having missed out on Thompson, the Lakers shifted their focus to DeMar DeRozan, Jovan Buha of The Athletic confirms. LeBron James would reportedly be willing to accept a pay cut to accommodate the acquisition of DeRozan, so L.A. could theoretically offer the free agent forward more than the full mid-level exception via a sign-and-trade. But negotiating such a deal would be tricky, since the Bulls will want assets in return and likely won’t be open to taking back much – if any – salary due to their own financial situation.
It’s unclear if there are any other free agent targets left on the board for whom James would take a discount, so if the Lakers are unable to land DeRozan, LeBron would likely be on track to sign a maximum-salary contract with the team, Buha notes.
Buha adds that the Lakers have been active in trade talks in recent days, discussing possible deals with the Trail Blazers, Nets, and Jazz, among other clubs. Previous reporting has suggested the Lakers have some level of interest in Jerami Grant (Portland) and Cameron Johnson (Brooklyn); Utah has plenty of cap room available and could potentially take on salary as a third team in a sign-and-trade for DeRozan, though that’s just my speculation. The Jazz are also believed to be open to listening to inquiries on some of their veterans, including Lauri Markkanen (to be clear, the Lakers aren’t among the teams that have been linked to Markkanen so far).
Besides being unwilling to offer Paul George a fourth year, the Clippers also didn’t include a no-trade clause in their proposal to the star forward, ESPN’s Wojnarowski said during a SportsCenter appearance (hat tip to RealGM). George would have been eligible for a no-trade clause with the Clippers because he was signing a free agent contract, had at least eight years of NBA experience, and had spent at least four years with the team.
Sixers star Joel Embiid was pushing for a return to Philadelphia for Nicolas Batum, who also drew interest from the Bucks, among other teams, reports Tomer Azarly of ClutchPoints. However, Batum – who played for the Clippers from 2020-23 – still has family in Los Angeles and considers it home, per Azarly. Azarly adds that the forward’s relationships with head coach Tyronn Lue and some front office members also factored into his decision to return to L.A. on a two-year deal.

Atlantic Notes: Hartenstein, Pagliuca, George, Nets Rebuild

July 1st, 2024 at 9:24pm CST by Dana Gauruder

Money talks and that’s one big reason why Isaiah Hartenstein walked away from the Knicks in free agency. It was a difficult decision for Hartenstein, Stefan Bondy of the New York Post writes, because he wanted to stay in New York.

But as a player who had earned approximately $23MM so far in his NBA career, Hartenstein couldn’t pass up on the Thunder‘s three-year, $87MM offer, which will pay him about $30MM in year one, especially given the more favorable cost of living in Oklahoma City, Bondy writes. The Knicks held the center’s Early Bird rights, limiting them to a four-year, $72.5MM offer.

We have more from the Atlantic Division:

Celtics co-owner Steve Pagliuca suggested in a statement relayed by Adam Himmelsbach of the Boston Globe (Twitter link) that he’s not looking to divest from the team. Earlier on Monday, it was made public that the team’s majority ownership group, led by Wyc Grousbeck, intended to put the franchise up for sale. Pagliuca’s statement reads in part, “Being a co-investor and managing partner of the Celtics has been a great honor and a labor of love. I hope to be a part of the Celtics moving forward and will be a proud participant in the bidding process that has been announced today.”
The Sixers had little choice but to pursue Paul George on the free agent market in order to keep up with the Eastern Conference contenders, Sam Amick of The Athletic opines. It was the best move available on the board, according to Amick, and keeps them alive in the chase for next year’s conference title.
The Nets must choose among two paths in their rebuild, according to Brian Lewis of the New York Post. They could make up to four first-round picks in a loaded 2025 draft and spend $80MM in free agency in an effort to accelerate the process or they could take a longer route. In that scenario, they could trade Ben Simmons, Bojan Bogdanovic and Dennis Schröder — players that come off the cap next summer — this offseason for unwanted multiyear contracts and more picks.

Fischer’s Latest: Markkanen, Isaac, DeRozan, Lakers, D-Lo, Nets

July 1st, 2024 at 6:51pm CST by Luke Adams

The Jazz are “welcoming” inquiries on Lauri Markkanen, according to Jake Fischer of Yahoo Sports, who wonders if Utah’s offseason could play out like Brooklyn’s has. The Nets agreed to trade Mikal Bridges after efforts to pair him with an impact player came up short. Utah has also explored the trade market for a possible second star to complement Markkanen, talking to Brooklyn about Bridges (as previously reported) and to the Hawks about both Dejounte Murray and Trae Young, sources tell Fischer.

While it’s possible the Jazz will follow the Nets’ lead, selling off their lone star after failing to land another one, they don’t appear eager to part with Markkanen. According to Fischer, the Jazz have conveyed that they remain interested in renegotiating and extending Markkanen’s contract later this offseason and that listening to every offer for the star forward is just about due diligence.

As reported earlier today, both the Warriors and Spurs have interest in Markkanen, Fischer confirms, naming the Kings and Timberwolves as a couple more teams to watch. However, Sacramento’s reluctance to put Keegan Murray on the table in trade scenarios – which NBA personnel believe would be necessary to land Markkanen – may result in the Kings shifting their trade focus to Pelicans forward Brandon Ingram, Fischer writes. As for the Wolves, they’re operating over the second apron and barely have any future draft capital available, so it’s hard to envision a way for them to make a serious play for Markkanen.

Here’s more from Fischer:

The Magic may not end up using all of their cap room on free agents or trades — according to Fischer (Twitter link), they’re working on possibly renegotiating and extending forward Jonathan Isaac‘s contract. A team with cap space can use it to give a player a raise on his current-year salary, then reduce his salary by up to 40% in the first year of an extension, so Orlando may be looking at essentially giving Isaac a bonus this season to get him a team-friendly deal beginning in 2025/26.
Although LeBron James has expressed a willingness to take a pay cut if it allows the Lakers to bring in an impact player, Fischer writes that the team seems to be running out of potential targets – and time – to make that happen. The Lakers “hold an affinity” for DeMar DeRozan, but they’d likely have to incorporate a third team to move off some salary, including perhaps D’Angelo Russell or Gabe Vincent, to have a shot at DeRozan, according to Fischer.
The Nets could be a trade destination for Russell. Sources tell Fischer that Brooklyn has been open to the idea of a reunion with Russell since February’s trade deadline.
If Klay Thompson had re-signed with the Warriors, the plan was to bring him off the bench next season behind second-year guard Brandin Podziemski, according to Fischer. Thompson appears likely to be a starter in Dallas.

Trade Rumors: LaVine, Johnson, Ingram, Pacers, Carter

June 30th, 2024 at 2:18pm CST by Luke Adams

The Bulls don’t appear to have made any progress on the Zach LaVine trade front, according to ESPN’s Bobby Marks (YouTube link). Chicago has made an effort this offseason to find a taker for LaVine, but hasn’t found many teams with interest — even if a draft pick is attached to the two-time All-Star.

“Literally, there is no market for Zach LaVine,” Marks said. “They are trying to give him away and attach a first-round pick. I’ve been told that by multiple people.”

LaVine’s maximum-salary contract looks especially onerous as teams grapple with the implications of the new Collective Bargaining Agreement. He’s owed $43MM next season coming off foot surgery and has a guaranteed salary of $46MM in 2025/26, with a player option worth nearly $49MM for ’26/27.

Here are a few more trade rumors from across the league:

Nets forward Cameron Johnson is generating trade interest from the Raptors and Kings, with the Pacers and Magic among the other teams to register exploratory interest, reports Michael Scotto of HoopsHype. The Cavaliers have been mentioned as another possible suitor for Johnson, but “nothing has materialized on that front” yet, according to Scotto. Brookyn is believed to be open to inquiries to most of the veterans on its roster after having agreed to send Mikal Bridges to New York.
The Kings are a team to keep an eye on as a possible suitor for Pelicans forward Brandon Ingram, Scotto writes, confirming reporting from Jake Fischer. For now, Sacramento’s interest in Ingram has only been exploratory, Scotto notes.
Teams talking to the Pacers have inquired about youngsters Bennedict Mathurin and Jarace Walker, per Scotto. While there has been no indication that Indiana is looking to move either player, the team made the Eastern Conference finals without Mathurin available and has reached lucrative new free agent deals for two power forwards who are ahead of Walker on the depth chart (Pascal Siakam and Obi Toppin), so it’s fair to wonder whether they’ll be available this summer.
With the Magic considered a potential suitor for Isaiah Hartenstein, teams have expressed interest in trading for Orlando center Wendell Carter, according to Scotto, who says the Pelicans are among the clubs to inquire on Carter.

Nets Will Be More Active On Trade Market Than Free Agency

June 29th, 2024 at 7:58pm CST by Arthur Hill

With the Nets over the salary cap, their significant moves are likely to happen on the trade market, observes Brian Lewis of The New York Post. Lewis points to Cameron Johnson and Dorian Finney-Smith as players who would be better fits on contenders and states that the Cavaliers, Kings and Lakers have expressed interest in Johnson.

QO Updates: Cavaliers, Pistons, Christie, Watford

June 29th, 2024 at 11:36am CST by Rory Maher

The Cavaliers have issued qualifying offers to young wings Isaac Okoro and Emoni Bates, which means they’re both heading for restricted free agency, sources tell Chris Fedor of Cleveland.com (Twitter link).

The fifth overall pick of the 2020 draft, Okoro’s QO — essentially just a one-year contract offer that gives the team the right of first refusal — is worth approximately $11.83MM. Bates’ QO, meanwhile, is for another two-way contract; he spent his 2023/24 rookie campaign on a two-way deal with Cleveland.

The Pistons announced in a press release (via Twitter) that they have extended a qualifying offer to forward Simone Fontecchio, making him a restricted free agent as well. Detroit is considered likely to retain the Italian sharpshooter, whose QO is worth about $5.2MM after he met the “starter criteria” in March.

However, the Pistons have decided not to tender QOs to former first-round picks James Wiseman and Malachi Flynn, according to Michael Scotto of HoopsHype (Twitter links). Both Wiseman and Flynn will be heading for unrestricted free agency.

The second pick of the 2020 draft, Wiseman did not meet the starter criteria, so his QO would have been worth $7.7MM. Flynn’s QO was valued at $5.8MM.

The moves were expected, as clearing the cap holds for Wiseman and Flynn will allow Detroit to create a significant amount of cap room heading into the new league season. Teams can officially begin negotiating with external free agents on Sunday evening.

Here are a couple more players who are heading for restricted free agency:

Lakers guard Max Christie was given a $2.3MM qualifying offer, Scotto reports (via Twitter). The 21-year-old has averaged 3.8 points and 2.0 rebounds while shooting 37.8% from deep over his first two NBA seasons (108 games, 13.5 minutes per contest). Scotto hears Christie is expected to receive interest from rival suitors as a RFA.
Sources tell Brian Lewis of The New York Post that the Nets plan to give Trendon Watford a QO before Saturday’s deadline (Twitter link). A former undrafted free agent who played college ball at LSU, Watford’s one-year QO is worth just over $2.7MM. He averaged 6.9 points and 3.1 rebounds on .527/.397/.794 shooting in 63 games last season for Brooklyn (13.6 minutes).