Nets Rumors

Moore’s Latest: Kings, Kuzma, Bulls, Bridges, Sixers, Jones, Grizzlies, More

The Kings are expected to return to the trade market this offseason with the same assets they offered Toronto for Pascal Siakam and OG Anunoby earlier in 2023/24, writes Matt Moore of ActionNetwork.com: Harrison Barnes, Kevin Huerter, and draft compensation.

While Sacramento will do its best to re-sign Malik Monk, the team only holds his Early Bird rights and will be limited to offering him up to $78MM over four years. If Monk ends up getting away, the Kings will likely feel some additional pressure to make a trade to upgrade its rotation — and will have some additional financial flexibility to add salary.

The Kings will likely circle back to the Wizards to discuss Kyle Kuzma, according to Moore, who says Sacramento has also talked to the Bulls about Zach LaVine and Alex Caruso. LaVine, whose price tag is believed to be lower now than it ever has been, could become a more attractive target if Monk departs, Moore adds.

Here are a few more items of interest from Moore’s latest look at free agency and the trade market:

  • The Sixers are expected to have interest in forward Miles Bridges in free agency, according to Moore. Philadelphia would have more than enough cap room to make a competitive offer for Bridges, especially if it misses out on its top targets. Moore reports that the Hornets are “known to be” fans of Bulls restricted free agent Patrick Williams, so he could be a target for Charlotte if the team loses Bridges.
  • Veteran point guard Tyus Jones, who was a full-time starter this past season for the Wizards, is expected to seek a deal worth north of $15MM annually, two sources tell Moore. Jones is the No. 15 free agent on our top-50 list.
  • There’s an expectation that the Grizzlies will look to add multiple centers this summer, Moore writes, noting that Nets big man Day’Ron Sharpe is a name to watch for Memphis. A Grizzlies offer for Sharpe could consist of a second-round pick and one of their bench wings, Moore adds.
  • The Grizzlies are also among the teams that have expressed interest in Hawks center Clint Capela, along with the Wizards, Pelicans, and Bulls, Moore says.
  • The free agent market for Heat forward Haywood Highsmith is expected to start around the taxpayer mid-level exception ($5.2MM), two team cap strategists tell Moore.

Julia Koch Agrees To Buy 15% Stake In Nets

Nets owners Joe Tsai and Clara Wu Tsai have agreed to sell a 15% stake in BSE Global – the team’s parent company – to Julia Koch and her children, according to a report from Scott Soshnick and Eben Novy-Williams of Sportico. The New York Post first reported the negotiations in February.

BSE Global was assessed with a valuation of $6 billion for the upcoming sale, per Sportico and Brian Lewis of The New York Post. That’s a significantly higher valuation than any NBA franchise has received as part of a stake sale, though it also takes into account the WNBA’s New York Liberty and the Barclays Center. The Tsais paid a total of $3.3 billion for the two teams and the arena, assuming full control in 2019.

The massive new figure likely reflects the impact of the NBA’s and WNBA’s upcoming TV deals, as well as the “growth in the economics” of the Barclays Center, Soshnick and Novy-Williams write.

“The $6 billion valuation is not stretched at all if you take into account a potential new NBA media deal, a hot WNBA team with exponential growth, and Barclays Center doing really well as a top concert venue,” one source told Lewis.

The widow of late billionaire David Koch, philanthropist Julia Koch inherited 42% of Koch Industries, one of the largest conglomerate companies in the United States, when her husband died. She and her family are said to be worth $65.2 billion, per Forbes.

Julia Koch’s group, which also includes her children David Jr., Mary Julia, and John, won’t have a path to gradually take over majority control of the Nets in stages – like the Tsais did when they initially bought in – as part of this deal. She also won’t become an alternate governor for the franchise. However, the Kochs will be given the right of first offer if Tsai decides to sell his majority stake in the team down the road.

The NBA’s advisory committee has reviewed the terms of the sale and recommended that the league’s Board of Governors approve it in a June 24 vote, per Sportico.

Gilgeous-Alexander, Murray Headline Canada’s Preliminary Olympic Roster

Canada Basketball has formally announced its preliminary roster for the upcoming 2024 Olympics in Paris. The 20-man group will have to be trimmed to 12 players for Paris.

Here are the 20 players vying for spots on Team Canada’s Olympic roster, which will be coached by new Nets head coach Jordi Fernandez:

All 12 players who helped Canada clinch an Olympic berth and claim a bronze medal at the 2023 World Cup are included in the preliminary roster, along with several notable newcomers, including Murray, Wiggins, Lyles, and Nembhard.

Trail Blazers guard Shaedon Sharpe and Pacers guard Bennedict Mathurin, whose seasons ended earlier due to injuries, will also attend training camp with Team Canada, but won’t be in the mix for roster spots this summer, according to today’s announcement.

Even without Sharpe or Mathurin in the mix, the Canadians can put together a formidable NBA-heavy squad that should be in contention for a medal in Paris. Gilgeous-Alexander, Barrett, Brooks, Dort, Powell, Olynyk, and Alexander-Walker were the top seven players on last year’s squad and look like relatively safe bets to represent Canada again. If Murray, Wiggins, Lyles, and Nembhard were to join them, that would leave just one open spot for the remaining nine invitees.

One notable omission from the 20-man preliminary roster is veteran guard Cory Joseph, who spoke to Michael Grange of Sportsnet.ca earlier this week to express his disappointment about being left off the list. Joseph was unable to compete for a spot on the World Cup team last year due to a back injury, but was among the 14 players who made a commitment in 2022 to be part of Canada’s “summer core” for the current Olympic cycle.

“I took the honor of playing for your country very seriously and did it many times over the years,” Joseph told Grange. “This is not me complaining, I’m not a complainer. But there were times when I put FIBA basketball and playing for my country over my NBA situation at the time, whether I was in a contract year and I had no contract at the time and I went to go play for my country, whether I had little bumps and tweaks, I was there. Whether guys came or not, I always thought we still had a chance. For me it’s a little disheartening to be like, ‘Wow, I wasn’t even given an opportunity to compete for whatever position?’

“… I had planned to go to camp, and when you’re talking about the (last three or four spots) on the roster, there’s a pool of talented guys you could put on the roster, (but) I don’t see, in that situation, where I wouldn’t at least be invited to camp to be one of those guys (to compete for a spot), so that’s where my disappointment is with the organization. … I don’t want to take away from the fact that Canada Basketball is in a great place. This is not that. I love all those guys. I want them to do well. Quote that. I just think I should have been invited to camp at the very least, 100 per cent.”

Team Canada will hold its training camp in Toronto from June 28 to July 7 before heading to Las Vegas for an exhibition game vs. Team USA on July 10. The Canadians will also play exhibition matches with France on July 19 and the winner of the Puerto Rico Olympic qualifying tournament on July 21.

Canada will be in Group A at the Olympics, along with Australia. The group will be filled out by the winners of the qualifying tournaments in Spain and Greece.

Eastern Notes: Cavaliers, Nets, Bulls, Dawkins

In a conversation this week on the HoopsHype podcast, Michael Scotto of HoopsHype and Chris Fedor of Cleveland.com reiterated several points that they and other reporters have made in recent weeks, telling listeners that there’s optimism in Cleveland about a Donovan Mitchell extension, the Cavaliers aren’t looking to trade any of their four core players, and James Borrego and Kenny Atkinson look like the top candidates for the Cavs’ head coaching job.

Addressing Mitchell’s contract situation, Scotto notes that the star guard might sign a shorter-term maximum-salary contract that would set him up to get his next deal in 2027 once he has 10 years of NBA service under his belt and qualifies for a maximum salary worth 35% of the cap instead of 30%.

Mitchell isn’t the only Cavalier who could sign a big-money extension this offseason. Within a discussion about a potential rookie scale extension for Evan Mobley, Fedor predicts that the Cavs will put a maximum-salary offer on the table for the big man.

“He hasn’t played to that (max) level yet, but there’s so much belief in Evan as a person and him as a player inside this organization,” Fedor said. “… They understand that he’s already one of the elite defensive players in the NBA. That’s already where he’s at, and they believe he can get to a point offensively where he becomes the unicorn type of player they’ve talked about him being since he came into the NBA. I don’t think the Cavaliers are going to hesitate to offer him the max extension.”

Even if Mitchell and Mobley are extended, the Cavaliers would likely have to be “blown away” to consider moving Darius Garland or Jarrett Allen, according to Fedor. While the Pelicans have been widely viewed as a potential trade partner Cleveland, Scotto says he doesn’t get the sense Cleveland is all that excited about the idea of trading for Brandon Ingram and then having to sign him to a lucrative new contract.

Here’s more from around the Eastern Conference:

  • Despite not having any picks in the 2024 draft and no cap room this offseason, the Nets have several important decisions to make, according to Brian Lewis of The New York Post (subscription required), who examines Nic Claxton‘s free agency, Mikal Bridges‘ future, and the possibility of trading into the draft. According to Lewis, the Nets aren’t interested in acquiring a draft pick just to have one, but they figure to monitor specific targets and prepare to pounce if any of those targets drop past their expected draft range.
  • Given how many different directions the Bulls‘ offseason could take, there’s no shortage of prospects who might make sense for the team with the No. 11 pick in the draft, writes Joe Cowley of The Chicago Sun-Times. Cowley examines several of those options, including Ron Holland, Cody Williams, and Dalton Knecht. He also mentions center Donovan Clingan, citing a source who says the Bulls have discussed the possibility of trading up from No. 11.
  • Wizards general manager Will Dawkins spoke to Marc J. Spears of Andscape about being accused of shoplifting at a Saks Fifth Avenue in Miami last fall. Dawkins was briefly detained by a security guard and local police before they realized they had the wrong person. Saks issued a formal apology to Dawkins on Thursday.

Atlantic Notes: Carter, Payne, Nets, O’Connell

In a wide open draft, the Sixers will have an intriguing choice to make with their No. 16 first round draft pick. Kyle Neubeck of PHLY Sports makes the case for Providence point guard Devin Carter, one of the elite defenders in the NCAA during 2023/24.

A junior last season, he averaged 19.7 points on a .473/.377/.749 shooting line, along with 8.7 rebounds and 3.6 assists per game. Philadelphia could use a major influx of athleticism next season, and Neubeck contends that, given Carter’s experience, he should be able to earn rotation minutes right away.

There’s more out of the Atlantic Division:

  • Sixers reserve point guard Cameron Payne was arrested in Arizona after he made a false report and would not identify himself, reports Zach Buchanan of The Phoenix New Times. Both offenses are misdemeanors. Splitting his time between Milwaukee and Philadelphia last season (he was flipped for veteran Patrick Beverley midway through the year), Payne averaged a cumulative 7.4 points per game on .432/.390/.866 shooting, plus 2.5 assists, 1.5 rebounds and 0.5 steals.
  • The Nets face a fascinating offseason this summer, and will have some big decisions to make about two key starters, states longtime basketball insider Yossi Gozlan (YouTube video link). Center Nic Claxton is an unrestricted free agent, and is looking for a major raise coming off a two-year, $17.3MM deal with Brooklyn. In October, star forward Mikal Bridges will become eligible to ink a three-season, $113MM contract extension with the club. Gozlan notes that Brooklyn could make a move to trade for a star player now, or could explore a more thorough rebuild.
  • During a recent Knicks free agent minicamp, former Duke shooting guard Alex O’Connell led about 20 players in scoring, reports Ian Begley of SNY.tv (via Twitter). New York possesses the G League rights to O’Connell, who spent the 2023/24 season playing for Italian club Reyer Venezia.

Knicks Notes: George, Mitchell, Anunoby, Hartenstein

Paul George would be an “ideal fit” for the Knicks, but it won’t be easy to acquire him if he fails to reach a long-term deal with the Clippers, writes Fred Katz of The Athletic. The 34-year-old forward has a $48.8MM player option for next season that must be picked up by June 29. He’s eligible for a four-year, $221MM extension with Los Angeles, but negotiations have been at an impasse.

George’s three-point shooting, pick-and-roll skills and constant movement would help him blend seamlessly with the rest of New York’s roster, according to Katz, who adds that George and OG Anunoby would become the best pair of perimeter defenders in the league. Katz points out that George has a history of playing alongside other stars and he’s a client of CAA, which was formerly run by Knicks president Leon Rose.

New York won’t have cap space to sign George if he opts out, and the Clippers wouldn’t be permitted to sign and trade him because they’re above the second apron. The Knicks would need George to opt in to make a deal possible, and Katz is skeptical that L.A. would be in a hurry to move him if he’s under contract for another season.

Sources tell Katz that the Knicks have considered George in the past, but they’ve never made a serious offer to acquire him. That could change if he and the Clippers agree that picking up the option and being traded this summer is the best course of action.

There’s more from New York:

  • Sources also tell Katz that the Knicks’ desire to add Donovan Mitchell isn’t nearly as strong as it was two years ago. There has been speculation that the Cavaliers guard could be available again if he doesn’t agree to an extension this summer. New York made an offer to Utah for Mitchell in 2022, but Katz notes that Jalen Brunson‘s emergence into a star has diminished the need for another scoring guard. Katz also examines Mikal Bridges, Karl-Anthony Towns, Dejounte Murray and DeMar DeRozan as potential additions. Katz cites sources who say that the Nets have been offered multiple first-round picks for Bridges, but they continue to view him as part of the foundation and hope to eventually pair him with another star.
  • After their playoff run ended, members of the Knicks organization expressed confidence about their chances of re-signing both Anunoby and Isaiah Hartenstein, per Ian Begley of SNY. Begley adds that the team expects competition for both players and could be outbid for Hartenstein because league rules limit their offer to about $16MM for next season and $72.5MM over four years.
  • In a subscriber-only piece, Stefan Bondy of The New York Post examines Rose’s draft history to see if it offers any clues about what the Knicks might do with picks No. 24 and 25 this year.

Draft Notes: Shannon, Dante, Blazers, Magic, Antoine

Illinois guard Terrence Shannon has been found not guilty of all charges at his criminal trial in Kansas, per Jonathan Givony of ESPN (Twitter link). Shannon was facing felony charges of first-degree rape and sexual aggravated battery.

According to Givony, NBA teams have been closely monitoring Shannon’s legal situation. At one point he was a projected first-round pick, Givony notes, but he’s currently ranked No. 33 on ESPN’s big board.

Here are some more draft-related notes:

  • Oregon center N’Faly Dante, who is ranked No. 75 on ESPN’s board, appealed to the NCAA for an extra year of college eligibility, but that request has been denied, sources tell Jon Rothstein of CBS Sports (Twitter link).
  • The Trail Blazers hosted a pre-draft workout on Thursday featuring Colorado forward Tristan Da Silva, Serbian guard Nikola Djurisic, Duke big man Kyle Filipowski, Memphis guard David Jones, Arizona guard Pelle Larsson and Maryland guard Jahmir Young, tweets Sean Highkin of Rose Garden Report. Portland controls four picks in the upcoming draft: a pair of lottery picks (Nos. 7 and 14) and two second-rounders (Nos. 34 and 40). Da Silva (No. 17 on ESPN’s board) and Filipowski (No. 21) are considered probable first-rounders.
  • The Magic held a pre-draft workout on Wednesday that featured Purdue’s Lance Jones, Syracuse’s Judah Mintz and North Carolina’s Cormac Ryan, according to Cody Taylor of Rookie Wire (Twitter link).
  • Radford guard Bryan Antoine, a McDonald’s All-American in High School, has a workout on Thursday with the Nets, a league source tells Adam Zagoria of ZagsBlog.com (Twitter link). The Knicks will host Antoine for a workout next week, Zagoria adds.

Celtics Notes: Lee, Porzingis, Tatum, Pagliuca

Celtics assistant Charles Lee is the only participant in the NBA Finals who’s working two jobs. Lee, who was hired more than a month ago as the Hornets‘ next head coach, is preparing to take over in Charlotte while fulfilling his commitment to his current team, writes Marc J. Spears of Andscape.

Lee said he sought advice from Kings head coach Mike Brown, who was in the same situation two years ago as an assistant with Golden State.

“The biggest thing is focusing on the right now, which I need to,” Lee said. “When my Celtics hat is on, I’m fully engaged. That is where my mind is at. When I leave the arena, all of the sudden you have to think about your staff and connecting with your players and what does the training camp and Summer League look like. I’ve been making pretty good progress.”

Once the Finals are done, Lee will only have a few days to spend with the Hornets before the draft and the start of free agency. He has already started to familiarize himself with the team, according to Spears, meeting LaMelo Ball for lunch, watching a pair of workouts in Charlotte, and holding Zoom calls with prospective members of his coaching staff. Lee told Spears that he plans to coach the Hornets’ Summer League team in July.

“I’m so excited for a number of reasons,” Lee said. “Nothing is ever given to you. And you have to work for it. And that’s what I’m all about and the mentality I want to bring to Charlotte, too. It’s not going to be easy. No one is going to give us anything. But we have to work every day. You have to be obsessed with daily improvement.”

There’s more on the Celtics:

  • The leg injury that Kristaps Porzingis suffered in Game 2 has the potential to change the direction of the series, observe Jared Weiss and Jay King of The Athletic. Weiss notes that Boston hasn’t been nearly as good defensively in the playoffs with backup big men Luke Kornet and Neemias Queta on the court, while King suggests Jayson Tatum may see time at center in small-ball lineups if Porzingis is unavailable.
  • Tatum tells Khari Thompson of The Boston Globe that he’s reached a point in his career where he can help the Celtics even when his shot isn’t falling. Tatum is just 12-of-38 from the field in the past two games, but he’s contributing by rebounding, passing and playing defense. “I think being in the Finals two years ago has helped me in this moment,” he said. “I understand that I do need to be more efficient. I do need to shoot the ball better, I would not disagree with anybody on that. But I’m not letting it bother me. I’m still trying to find ways to impact the game and dominate the game in other areas.”
  • Celtics minority owner Stephen Pagliuca spoke to Brian Lewis and Josh Kosman of The New York Post about how close he came to joining Joe Tsai in his purchase of the Nets in 2017.

New York Notes: Schröder, Hurley, Knicks’ Targets, Lowry, Morris, Irving

Dennis Schröder would like to stay put for a change.

After playing his first five seasons with Atlanta, Schröder has worn six different uniforms since the 2018/19 season. Schröder has one year left on his contract at $13MM but he could be packaged by the Nets in a trade. He hopes that won’t happen, NetsDaily.com relays via an interview with Germany outlet Braunschweig Zeitung.

“Brooklyn is a really cool, great organization, quite family-oriented,” he said. “I’d definitely like to stick around for the long haul — My agent and I feel like the Nets liked how I contributed. I’ve brought in more defense, teamwork and displayed leadership, but if someone as exceptional as Giannis Antetokounmpo or another superstar wants to join Brooklyn, the Nets could make deals to acquire that player … and that’s why nothing is certain in the NBA.”

There’s no evidence that the Bucks superstar wants to be dealt, but Schröder’s $13MM expiring contract could be a useful salary-matching piece in a major trade.

We have more from the New York teams:

  • Dan Hurley spurned the Lakers but he could eventually accept an NBA job closer to home, East Coast-based Adam Zagoria tweets. According to Zagoria, there’s plenty of speculation that the UConn coach will one day coach the Knicks or Nets.
  • The Knicks could have access to the $12.9MM non-taxpayer mid-level exception or the $5.2MM taxpayer exception, depending on how things shake out over the next few weeks. What players might they look at? The Athletic’s Fred Katz explores that topic, listing 10 potential targets such as Kyle Anderson, Tyus Jones and Monte Morris. He also notes that Kyle Lowry was on the Knicks’ radar after his buyout with the Hornets last winter before the 38-year-old guard signed with Philadelphia.
  • Markieff Morris was part of the trade that sent Kyrie Irving to the Mavericks last season. The Mavericks forward said Irving wanted out of Brooklyn for a simple reason — he wanted to get paid, and the Nets weren’t willing to give him the sort of deal he wanted. “It was time for his contract extension, the two sides didn’t meet up, business got involved, and that’s what happened. That’s how it goes,” Morris told Stefan Bondy of the New York Post. “I think Kyrie was averaging about 27 [points per game] at the time. I think we won 18 out of 20 and all of a sudden the business got involved. That’s how it goes sometimes. A guy of Kyrie’s stature, I wouldn’t be standing for that either. Get me up out of there.”

2024 NBA Draft Picks By Team

The Spurs and Trail Blazers were among the winners on last month’s draft lottery day, with the results on May 12 ensuring that both teams would have a pair of lottery picks in 2024. San Antonio received Toronto’s top-six protected first-rounder when it dropped to No. 8, while Portland was assured of receiving Golden State’s top-four protected first-rounder when it remained at No. 14. Both clubs’ own picks are in the top seven.

Besides being the only NBA teams to control two lottery picks this year, San Antonio and Portland have something else in common — they’re the only two clubs that own more than three total 2024 draft picks. In addition to No. 4 and No. 8, the Spurs have Nos. 35 and 48, while Portland has a pair of early second-rounders (Nos. 34 and 40) to go with its No. 7 and No. 14 picks.

Many of this year’s draft picks have changed hands at some point, with only 24 of 58 total selections held by their original owner, but they’re still a little more evenly distributed than usual. A year ago, 11 teams controlled three or more picks at this time, whereas this year only seven clubs hold more than two picks apiece.

In addition to those seven teams with three or more picks, 13 more clubs own a pair of draft selections, while another nine control one apiece. That leaves just a single NBA team without a draft pick this year: the Nets. Brooklyn traded both of its 2024 picks back in 2021, sending out its first-rounder in a package for James Harden and including its second-rounder later that year in a Sekou Doumbouya salary dump. The Nets could still trade into this draft, but for now they’re the only team on track to sit it out.

To present a clearer picture of which teams are most – and least – stocked with picks for the 2024 NBA draft, we’ve rounded up all 58 selections by team in the space below. Let’s dive in…


Teams with more than two picks:

  • San Antonio Spurs (4): 4, 8, 35, 48
  • Portland Trail Blazers (4): 7, 14, 34, 40
  • Washington Wizards (3): 2, 26, 51
  • Memphis Grizzlies (3): 9, 39, 57
  • Utah Jazz (3): 10, 29, 32
  • New York Knicks (3): 24, 25, 38
  • Indiana Pacers (3): 36, 49, 50

Teams with two picks:

  • Houston Rockets: 3, 44
  • Detroit Pistons: 5, 53
  • Charlotte Hornets: 6, 42
  • Sacramento Kings: 13, 45
  • Miami Heat: 15, 43
  • Philadelphia 76ers: 16, 41
  • Los Angeles Lakers: 17, 55
  • Orlando Magic: 18, 47
  • Toronto Raptors: 19, 31
  • Milwaukee Bucks: 23, 33
  • Minnesota Timberwolves: 27, 37
  • Denver Nuggets: 28, 56
  • Boston Celtics: 30, 54

Teams with one pick:

  • Atlanta Hawks: 1
  • Chicago Bulls: 11
  • Oklahoma City Thunder: 12
  • Cleveland Cavaliers: 20
  • New Orleans Pelicans: 21
  • Phoenix Suns: 22
  • Los Angeles Clippers: 46
  • Golden State Warriors: 52
  • Dallas Mavericks: 58

Teams with no picks:

  • Brooklyn Nets