Mobile Menu
HEADLINES

Nets Rumors

Atlantic Notes: DeRozan, Raptors, Ujiri, Simmons, Dolan

September 20th, 2024 at 7:30pm CST by Luke Adams

Asked this week during a radio appearance on Sportsnet 590 The Fan in Toronto whether he’s interested in eventually returning to the Raptors to finish his NBA career, DeMar DeRozan expressed interest in the idea, though he made it clear that he doesn’t want to spend his final season as a benchwarmer in Toronto.

“You always want a poetic ending (in) that way,” DeRozan said. “Granted, most people don’t get to write their own ending. But what a better ending than being able to end where you start. Not just end, by just putting on the jersey. It has to be in a sense of me still being myself. I wouldn’t want to come back and be (Hakeem) Olajuwon (who spent an underwhelming final season in Toronto after 17 years in Houston). It has to just make sense. You kind of want to go out like you came in. That’s what people kind of remember you as.”

DeRozan, who was drafted ninth overall by the Raptors in 2009, spent his first nine seasons with the club before being sent to San Antonio in 2018’s Kawhi Leonard blockbuster trade. He’s the franchise’s all-time leader in points (13,296) and games played (675), among other statistical categories.

DeRozan is under contract with the Kings for the next three seasons after joining the team via sign-and-trade this offseason.

Here’s more from around the Atlantic:

  • What does it mean for Masai Ujiri‘s future in Toronto that Rogers has bought out Bell’s stake in the Raptors and gained majority ownership control? Eric Koreen of The Athletic explores that question, noting that Rogers chairman Edward Rogers III and Ujiri, the team’s longtime president of basketball operations, have had a “strained relationship” in the past. Rogers reportedly opposed the terms of the contract extension that Ujiri signed with the club in 2021, which has two years left on it.
  • Nets guard Ben Simmons, who underwent back surgery in March, is on track to fully participate in training camp next month, agent Bernie Lee tells veteran NBA reporter Chris Haynes (Twitter link). “Ben is fully cleared and is a full participant for the start of camp,” Lee said. “He is excited to get started.”
  • A U.S. District Court judge in California has dismissed a lawsuit filed by a woman who accused Knicks team owner James Dolan of sexual assault, according to Baxter Holmes of ESPN. The suit, which was filed in January, referenced incidents that took place in 2013 and 2014 allegedly involving Dolan and former Hollywood executive Harvey Weinstein. A Dolan spokesperson referred to the suit as “a malicious attempt to assert horrific allegations by an attorney who subverts the legal system for personal gain,” while the accuser’s attorneys said they’ll be appealing the court’s decision and will continue to pursue their client’s sexual battery claims against Dolan and Weinstein.
Retweet 0 Share 0 Send via email0

Offseason Observations: Exhibit 10 Terms, Okoro, Current FAs, Stretch Provision

September 20th, 2024 at 5:36pm CST by Luke Adams

With the start of most NBA training camps just 11 days away (and even sooner than that for the Celtics and Nuggets), the 2024 offseason is nearing its end.

Before we put a bow on the summer of 2024, we have one more installment of our "Offseason Observations" to share today, following up on similar articles published in July and August.

Here are some of the under-the-radar cap- and CBA-related stories I'm keeping an eye on as teams around the league prepare for their media days and training camps.

The disparity between Exhibit 10 bonuses

As we've written many teams in recent weeks, when a player signs an Exhibit 10 contract with an NBA team, is waived before the regular season begins, and then spends at least 60 days with his club's G League affiliate, he's eligible to earn a bonus worth up to $77.5K.

We always clarify that those bonuses can be worth "up to" $77.5K because that's the maximum possible Exhibit 10 bonus in 2024/25 (up from $75K a year ago, having increased at the same rate as the salary cap). But not every player who signs an Exhibit 10 contract is able to negotiate that maximum bonus.

Unlock Subscriber-Exclusive Articles Like This One With a Trade Rumors Front Office Subscription

BENEFITS
  • Access weekly subscriber-only articles by Luke Adams
  • Join exclusive weekly live chats with Arthur Hill
  • Remove ads and support our writers.
Retweet 0 Share 0 Send via email0

Nets Sign Tyrese Martin, Killian Hayes

September 20th, 2024 at 12:57pm CST by Rory Maher

The Nets have signed free agents Tyrese Martin and Killian Hayes, the team announced (Twitter links).

The seventh overall pick in the 2020 draft, Hayes spent three-and-a-half seasons with the Pistons before being waived in February. Hayes’ agreement with the Nets was first reported in late July. While Hayes is on a non-guaranteed Exhibit 10 contract, he’ll reportedly be given an opportunity to earn a regular season roster spot.

Martin’s agreement with the Nets was not previously reported, but had been speculated after Long Island traded for his returning rights from the Iowa Wolves a couple weeks ago. That indicates that Martin, who played for Brooklyn’s Summer League squad in July, likely signed an Exhibit 10 deal as well.

A 25-year-old wing who started his college career at Rhode Island before finishing at UConn, Martin was the 51st pick of the 2022 draft. He spent his rookie year on a standard deal with the Hawks, but only appeared in 16 regular season games for a total of 66 minutes, having spent most of the campaign in the G League.

Atlanta released Martin last summer, making him a free agent. He signed an Exhibit 10 deal with Minnesota last fall, was waived before 2023/24 began, and spent all of last season with the team’s NBAGL affiliate, the Iowa Wolves. In 39 total games with Iowa (33.5 MPG), Martin averaged 16.8 PPG, 7.6 RPG, 3.2 APG and 0.9 SPG on .447/.331/.831 shooting.

Unlike Hayes, Martin only has one year of NBA service time, making him eligible for a two-way contract. Exhibit 10 deals can be converted to two-way contracts, and Brooklyn has one two-way opening after signing Yongxi Cui.

The Nets now have 19 players under contract, two shy of the offseason limit, with several other reported agreements that have yet to be finalized.

Retweet 0 Share 0 Send via email0

Yongxi Cui Signs Two-Way Deal With Nets

September 20th, 2024 at 11:10am CST by Rory Maher

The Nets are signing Yongxi Cui to a two-way contract, reports Shams Charania of The Athletic (via Twitter). The move is official, the team announced in a press release (Twitter link).

Also known as “Jacky,” Cui is a 6’8″ wing who graduated from the NBA Global Academy and played for the Guangzhou Loong Lions in the Chinese Basketball Association this past season. He went undrafted in June, making him an unrestricted free agent.

The 21-year-old also suited up for China’s World Cup team last summer before posting solid numbers in the CBA in 2023/24 — he averaged 15.8 points, 5.9 rebounds, and 3.1 assists per game in 56 appearances for Guangzhou, with a .520/.365/.783 shooting line.

Earlier this month, it was reported that Cui would be signing a two-way deal with the Nets covering two seasons. Cui worked out for Brooklyn prior to the draft, per NetsDaily, and played for Portland’s Summer League team, seeing limited action in three games.

Cui joins Jaylen Martin as players on two-way deals with the Nets. The team now has one two-way opening.

Retweet 0 Share 0 Send via email0

Nets, Patrick Gardner Agree To Exhibit 10 Contract

September 20th, 2024 at 9:36am CST by Rory Maher

The Nets are signing free agent big man Patrick Gardner to an Exhibit 10 contract, agent George S. Langberg tells Michael Scotto of HoopsHype (Twitter link).

Gardner, 25, went undrafted last year after playing for three different colleges, the most recent being Marist in 2022/23. He signed an Exhibit 10 deal with the Nets last fall, was waived, and spent his first professional season with their G League affiliate in Long Island, averaging 7.7 PPG and 5.1 RPG on .500/.364/.731 shooting in 28 Showcase Cup and regular season contests (14.8 MPG).

A 6’11” center who plays for Egypt’s national team, Gardner will likely be waived before the season begins and head back to Long Island, which would make him eligible for a bonus worth up to $77.5K if he spends at least 60 days with the NBAGL club.

It’s worth noting that Exhibit 10 deals can also be converted to two-way contracts — the Nets have a pair of two-way openings, so if Gardner impresses in camp and preseason, perhaps he could be promoted.

Gardner is one of several players to reach Exhibit 10 agreements with Brooklyn, as our Luke Adams noted yesterday in a story about former Hornets guard Amari Bailey, who will also sign with Brooklyn. None of those deals are official yet, but the Nets currently have five openings on their offseason roster, so they could make several transactions at any time.

Retweet 0 Share 0 Send via email0

Pre-Camp Roster Snapshot: Atlantic Division

September 19th, 2024 at 10:19pm CST by Luke Adams

Over the next week, Hoops Rumors will be taking a closer look at each NBA team’s current roster situation, evaluating which clubs still have some moves to make and which ones seem most prepared for training camp to begin.

This series is meant to provide a snapshot of each team’s roster at this time, so these articles won’t be updated in the coming weeks as more signings, trades, and/or cuts are made. You can follow our roster counts page to keep tabs on teams’ open spots as opening night nears.

We’re beginning our pre-camp Roster Snapshot series today with the Atlantic Division. Let’s dive in…

Boston Celtics

The Celtics are at their 21-man limit, so this could be the roster they take into training camp during the first week of October. It also wouldn’t be a surprise if the 14 players on guaranteed contracts and three on two-way deals are the ones who are on Boston’s opening night roster.

Outside of the usual shuffling in and out of Exhibit 10 players, there are two minor storylines to keep an eye on here. One, will Walker – who has 322 NBA regular season games under his belt – make the team as a 15th man? And two, what are the Celtics’ plans for Jay Scrubb?

Scrubb was set to start the 2023/24 season on a two-way contract with the Celtics before he tore his ACL, resulting in his release just ahead of opening night. A report this offseason indicated the team plans to bring him back on an Exhibit 10 contract once he’s fully recovered from his ACL surgery. If he shows he’s back to 100% health, could he be in the mix for a two-way spot?

Brooklyn Nets

The Nets have several Exhibit 10 agreements to finalize and a pair of two-way slots to fill. It’s possible the club will leave those two-way spots open during the preseason and allow their camp invitees to compete for them (of the presumed Exhibit 10 signees, only Hayes is ineligible for a two-way). They may also keep their eye out for intriguing targets cut by other teams ahead of opening night.

Johnson ($250K) and Wilson ($75K) each have modest partial guarantees for now, but those guarantees will increase to $700K and $325K, respectively, if they make the opening night roster. While Wilson is the safer bet of the two to survive the preseason cuts, it’s possible both players will open the season with the club.

New York Knicks

The Knicks are well above the luxury tax line and may not feel compelled to carry a full 15-man standard roster into the regular season, but Morris and Shamet are quality NBA veterans who deserve a look. I’d be a little surprised if both are waived at the end of the preseason.

While more minor moves could happen before camp tips off, the Knicks would be at their 21-man preseason roster limit if they simply finalize their reported deal with O’Connell.

Philadelphia 76ers

There shouldn’t be any surprises in Philadelphia ahead of training camp, though the team still has some breathing room below the second tax apron to add a 15th man to its projected standard roster, if it so chooses.

If the Sixers intend to carry a 14-man roster into the season, filling out the preseason roster will likely just be a matter of signing two more camp invitees to Exhibit 10 contracts to get to 21 players.

Toronto Raptors

As is the case with the Knicks and O’Connell, the Raptors could finalize their training camp roster by simply signing Guerrier to his reported Exhibit 10 contract, though that doesn’t necessarily have to happen before camp begins. If the goal is simply to secure Guerrier’s G League rights, he could be signed-and-waived at any time before opening night.

Shuttling Exhibit 10 players on and off the roster could allow the Raptors to bring in another veteran free agent to compete with Fernando for the final spot on the standard 15-man roster, though there have been no reports so far suggesting that’s the plan.

Retweet 0 Share 0 Send via email0

Nets Notes: Carter, Simmons, Koch

September 19th, 2024 at 12:44pm CST by Rory Maher

The Nets will retire Vince Carter‘s No. 15 jersey on January 25, 2025, the team announced in a press release. The ceremony will take place in Brooklyn during a 6 p.m. matchup with Miami.

“We’re thrilled to honor former Nets player Vince Carter, who contributed so much to this organization both on and off the court,” said governor Joe Tsai. “He’s an important part of Nets franchise history and we look forward to welcoming him to Barclays Center this season to celebrate his legacy.”

Carter, who will be formally inducted into the Basketball Hall of Fame next month, played parts of five seasons with the Nets, averaging 23.6 PPG, 5.8 RPG, 4.7 APG and 1.2 SPG on .447/.370/.806 shooting in 374 regular season games (37.9 MPG). He earned three straight All-Star nods (2005-07) with the Nets, joining Jason Kidd and Buck Williams as the only players to make three or more All-Star appearances during their time with the team.

According to the Nets, this will be the seventh jersey retirement in franchise history, with Carter’s No. 15 joining Dražen Petrović (No. 3), Kidd (No. 5), John Williamson (No. 23), Bill Melchionni (No. 25), Julius Erving (No. 32) and Williams (#52) in the Barclays Center rafters.

Here’s more on the Nets:

  • Ben Simmons is seemingly healthy after undergoing a second back surgery in March. How will that impact the Nets, who could be one of the worst teams in the league this season? Net Income of NetsDaily explores that topic, writing that instead of rooting against the former No. 1 pick, fans would be better off cheering for Simmons and hoping that he can resurrect his career after it was derailed by back issues.
  • David Koch Jr. is now a basketball operations assistant for BSE Global, the Nets’ parent company, as Net Income relays. Koch was part of the ownership group — led by his mother, Julia Koch — that purchased a 15% stake in BSE in June. Multiple reports have indicated that Koch Jr. is interested in owning and operating an NBA team in the future.
  • In case you missed it, Brooklyn was one of the teams with interest in Isaac Okoro before he re-signed with the Cavaliers.
Retweet 0 Share 0 Send via email0

Cavaliers Re-Sign Isaac Okoro To Three-Year Contract

September 17th, 2024 at 7:18pm CST by Rory Maher

SEPTEMBER 17: Okoro’s new deal is official, the Cavaliers confirmed today in a press release.

SEPTEMBER 14: The Cavaliers are re-signing restricted free agent Isaac Okoro to a three-year, $38MM contract, agents Michael Tellem, Jeff Schwartz and Marcus Monk tell Adrian Wojnarowski of ESPN.

Okoro, 23, came in at No. 20 on our list of 2024’s top 50 free agents, making him the top remaining player who had yet to sign a new deal. It took more than two months, but the NBA’s lone restricted free agent has reached an agreement to return to Cleveland.

As ESPN’s Bobby Marks tweets, Okoro’s $11.8MM qualifying offer would have expired on Oct. 1, though he still would’ve been a restricted free agent had a deal not been reached by that point. The Cavs were approximately $10.4MM below the luxury tax line before accounting for Okoro’s new contract, Marks adds.

According to Chris Fedor of Cleveland.com (Twitter link), Okoro’s three-year deal features $33MM in guaranteed money. Sources tell Michael Scotto of HoopsHype that Okoro’s contract features some unlikely bonuses tied to his team’s success (Twitter link).

The No. 5 overall pick of the 2020 draft, Okoro averaged 9.4 points, 3.0 rebounds and 1.9 assists while shooting a career-best 39.1% from three-point range in 69 regular season games in 2023/24, including 42 starts (27.3 minutes per contest). The 6’5″ wing is primarily known for his defense, particularly on the ball, where he’s frequently tasked with guarding the opposing team’s best perimeter player.

When we polled our readers about Okoro’s situation last week, 59% of those who voted thought he would end up accepting his qualifying offer — essentially just a one-year contract — to hit unrestricted free agency in 2025. About 17% thought he would re-sign with the Cavs on a multiyear contract.

Scotto reports (via Twitter) that the Nets and Hornets were among the teams that showed sign-and-trade interest in Okoro before he agreed to a new contract with Cleveland.

Once Okoro’s signing is official, the Cavs will have 14 players on standard contracts, though only 11 of those deals are fully guaranteed. Tristan Thompson and Sam Merrill are on non-guaranteed contracts, while Craig Porter Jr. has a $1MM partial guarantee on his $1.89MM salary. All three of the team’s two-way slots are filled.

Retweet 0 Share 0 Send via email0

And-Ones: Fitts, Gilyard, NBA Schedule, Flagg, Swarm Staff

September 16th, 2024 at 8:18pm CST by Dana Gauruder

In an NBA G League swap, the Memphis Hustle acquired a 2025 first-round pick and the returning player rights to forward Malik Fitts from the Cleveland Charge, the Grizzlies’ G League team tweets.  The Charge, the Cavaliers’ affiliate, received the returning player rights to guard Jacob Gilyard.

Fitts has appeared in 18 NBA games, most recently in eight contests with Boston during the 2021/22 campaign when he was signed to two 10-day contracts. Gilyard appeared in a combined 41 NBA games with the Grizzlies and Nets last season. He was on a two-way deal with Brooklyn after Memphis waived him.

We have more from around the basketball world:

  • It’s impossible to keep all the NBA teams happy and give them their desired dates on an 82-game schedule. Duane Rankin of the Arizona Republic spoke to an unnamed source who detailed the issues confronting the schedule makers. “You’ve got 30 different teams each with their own perspective on what they would like to see and within each of the 30 teams, you’ve got multiple perspectives from what makes the most sense,” the source said. “The league is then responsible for taking all of the different perspectives and try to make something that’s going to please everyone, which inherently is an impossible task.”
  • How would projected 2025 top pick Cooper Flagg impact a team in rebuild mode? Jonathan Wasserman of Bleacher Report dives into that topic, exploring how the Duke freshman big man would fit in with the Nets, Hornets, Pistons, Trail Blazers, Spurs, Raptors, Jazz and Wizards.
  • Nathan Peavy, David Noel III and Alex Ruoff have been announced as assistant coaches on DJ Bakker‘s staff with the Greensboro Swarm, the Hornets‘ affiliate, the G League team announced in a press release. Peavy joins the Swarm after serving last season as the head coach of the Cangrejeros de Santurce in the Baloncesto Superior Nacional league, Puerto Rico’s top professional division. Noel spent the last two seasons as an assistant coach for the Motor City Cruise, the Pistons’ affiliate. Ruoff was on West Virginia’s coaching staff the last two seasons.
Retweet 0 Share 0 Send via email0

Atlantic Notes: Raptors, Celtics, Horford, Nets

September 15th, 2024 at 1:56pm CST by Alex Kirschenbaum

The Raptors appear to be embracing a youth movement this season, with young players like Scottie Barnes, Immanuel Quickley and RJ Barrett leading the charge.

In a mailbag, Eric Koreen of The Athletic says he doesn’t project that Toronto will achieve more than a potential play-in berth, but he does believe the club has enough depth that it could compete for a seventh or eighth seed in the Eastern Conference. Koreen notes that Barnes needs to grow as a scorer, Quickley as a distributor, and Barrett as a defender.

Within the same mailbag, Koreen also projects the team’s starters, speculates on possible breakout surprises on the current roster, and more.

There’s more out of the Atlantic Division:

  • The reigning champion Celtics look like the favorites to repeat in 2024/25, but it’s going to cost them. Keith Smith of Spotrac unpacks the club’s future salary cap situation, noting that Boston agreed to almost $514MM in new long-term contracts during the 2023/24 league year before extending Jayson Tatum, Derrick White, and Sam Hauser this offseason. By 2025/26, Boston is already committed to pay almost $445MM in combined salaries and luxury tax penalties for 11 players, Smith writes.
  • Celtics sixth man big Al Horford was recently honored with the Order of Merit of Duarte, Sánchez, and Mella in the degree of Knight from Dominican Republic President Luis Abinader, reports Kurt Helin of NBC Sports. “I knew I was going to come meet the president, but I didn’t know I was gonna get the highest award for the country,” Horford said. “So, very special for me, very special for my family. I feel very proud right now, very overwhelmed with a lot of emotion. Very, very special day for me today.” Across a decorated 17-year career, the 6’9″ center has made five All-Star teams, one All-NBA team and one All-Defensive team. He’s now an NBA champion as well.
  • The rebuilding Nets will boast a roster featuring several young players looking to carve out a niche in the league. In a new piece, Net Income of Nets Daily examines which five Brooklyn players have the most to prove heading into 2024/25, a list highlighted by former top lottery picks Ben Simmons and Killian Hayes.
Retweet 0 Share 0 Send via email0
Load More Posts