Charlotte Hornets Rumors | Hoops Rumors

KJ Simpson Signs Two-Way Deal With Hornets

July 7th, 2024 at 4:01pm CST by Alex Kirschenbaum

5:25pm: The signing is official, according to a team press release.

4:01pm: Former Colorado point guard KJ Simpson is signings a two-way deal with the Hornets, sources inform Michael Scotto of HoopsHype (Twitter link).

Charlotte selected Simpson with the No. 42 overall pick in last month’s draft.

A two-time All-Pac-12 honoree during his three-season stint with the Buffaloes, the 6’0″ Simpson notched career-best averages of 19.7 points, 5.8 rebounds, 4.9 assists, and 1.6 steals per game in 2023/24.

Simpson is most valued for his offensive upside with the club, especially as a scorer and play-maker, but could struggle on the other end as an undersized guard.

He’ll join former two-time ACC All-Defense North Carolina guard Leaky Black among the club’s two-way signings, leaving one open slot.

In the first round of the draft, Charlotte selected 6’9″ former Cholet Basket power forward Tidjane Salaun with the sixth overall pick.

Klay Thompson Sign-And-Trade Completed As Six-Team Deal

July 6th, 2024 at 9:23pm CST by Luke Adams

The Mavericks announced on Saturday that they’ve acquired longtime Warriors sharpshooter Klay Thompson via sign-and-trade in the first six-team deal in NBA history (Twitter link).

“We’re thrilled to have Klay join us in Dallas,” Mavericks president of basketball operations Nico Harrison said in a statement. “As one of the league’s greatest shooters who competes on both ends, we feel Klay is a perfect fit for our team. He adds a strong, experienced veteran voice that will help us continue to build on the success we’ve seen in recent years. Klay’s championship experience, clutch performances and calm demeanor under pressure exemplify what it takes to win in the NBA at the highest level. He will help us continue to grow towards our goal of winning another championship.”

The Hornets, Timberwolves, Sixers, and Nuggets are also involved in the trade, with separate agreements involving Kyle Anderson (Minnesota to Golden State), Buddy Hield (Philadelphia to Golden State), and Reggie Jackson (Denver to Charlotte) all folded into a single mega-deal.

As best we can tell, the terms are as follows:

Mavericks acquire Thompson (sign-and-trade) and a 2025 second-round pick.
Warriors acquire Anderson (sign-and-trade) and Hield (sign-and-trade).
Hornets acquire Josh Green, Jackson, the Nuggets’ 2029 second-round pick, and the Nuggets’ 2030 second-round pick.
Timberwolves acquire a 2025 second-round pick, a 2031 second-round pick swap (from Warriors), and cash (from Warriors).
Sixers acquire the Mavericks’ 2031 second-round pick.
Nuggets acquire cash (from Hornets).

There’s at least one minor adjustment from the original agreements. Because the Warriors benefit most from turning multiple deals into a single trade (they can use Thompson’s outgoing salary to salary-match for both Anderson and Hield, allowing them to give the two players a higher combined salary than what Thompson’s will make), they’re no longer receiving a second-round pick from the Hornets. It appears that pick is being rerouted to the Wolves, who needed to send or receive an asset from another team besides Golden State.

We don’t yet know the exact details of the 2025 second-rounders being acquired by Dallas and Minnesota, but it looks like one of them is the 2025 Nuggets pick that Charlotte initially agreed to acquire as part of the Jackson trade and one of them is the 2025 Sixers pick that Charlotte already controlled. The Hornets were always going to send out two second-round picks for Green — they’re just going to Dallas and Minnesota now, instead of Dallas and Golden State.

There may be more moving pieces here though, since none of the announcements from the six teams involved have shared the full details, so we’ll keep an eye out for updates.

For more details on all these trades, be sure to check out our original stories:

Mavericks to acquire Klay Thompson (story)
Warriors to acquire Kyle Anderson (story)
Warriors to acquire Buddy Hield (story)
Hornets to acquire Reggie Jackson (story)

Southeast Notes: KCP, Fultz, Okeke, Ware, Highsmith, McGowens, Wizards

July 6th, 2024 at 8:41pm CST by Arthur Hill

The Magic‘s promising future played an important role in Kentavious Caldwell-Pope‘s decision to join the team in free agency, tweets Jason Beede of The Orlando Sentinel. Caldwell-Pope won titles with the Nuggets in 2023 and the Lakers in 2020, and he likes his chances to pick up a third ring in Orlando.

“I’m always chasing the championship,” Caldwell-Pope said. “… Seeing their progress, they just made it to the playoffs, taking Cleveland to a Game 7. That was enough for me. They got a little bit of a taste of that pressure and what it takes to make it past the first round. I’m just excited to be a part of it.”

Caldwell-Pope will become a veteran leader on a team that has amassed an impressive collection of young talent over the last few drafts. He’s looking forward to playing alongside Paolo Banchero, who became an All-Star in his second NBA season.

“His knowledge of the game,” Caldwell-Pope responded when asked what stands out about Banchero. “Him being patient in certain situations, making plays for his teammates to get his teammates involved. Being so much of a little bit of a leader that I’ve seen from him.”

There’s more from the Southeast Division:

The Magic renounced their free agent rights to Markelle Fultz and Chuma Okeke to clear up cap room for other moves, according to Keith Smith of Spotrac (Twitter link). Both players are still eligible to sign new contracts with Orlando.
The Heat want rookie center Kel’el Ware to gain weight before the start of the season, per Barry Jackson of The Miami Herald (Twitter link). The first-round pick weighed in at 230 pounds when he arrived at Summer League camp, and he said the team would prefer him to be between 240 and 245.
Free agent forward Haywood Highsmith still has interest in returning to the Heat, according to Anthony Chiang of The Miami Herald. The Sixers were considered a potential landing spot for Highsmith, Chiang adds, but that seems less likely after Philadelphia signed Caleb Martin.
Bryce McGowens, who was waived earlier today, will continue to be part of the Hornets‘ Summer League team, tweets Rod Boone of The Charlotte Observer.
Brown University assistant coach T.J. Sorrentine was thrilled to get the chance to join Brian Keefe‘s staff with the Wizards, relays Bill Koch of The Providence Journal. “My family was happy. I was in a great spot,” Sorrentine said. “But going through a day with coach Keefe and meeting with people, I left here and I called my wife (Emily) and I was like, ‘Man, it’s going to be really hard to come back to college.’ This was a unique opportunity. That’s when I knew it was time to go. I was ready. I’m going to take full advantage of this opportunity.” Adam Caporn, director of development with the Nets’ coaching staff, has also accepted a job with Washington, according to NetsDaily (Twitter link). Caporn’s hiring had been anticipated.

Spurs Trade Graham, Second-Round Pick To Hornets; Graham Waived

July 6th, 2024 at 3:35pm CST by Alex Kirschenbaum

3:35pm: After officially waiving three players to create additional cap room, the Hornets have completed their trade for Graham and New Orleans’ 2025 second-round pick, per a team release. They sent out cash to San Antonio and immediately waived Graham, as expected.

2:26pm: The Hornets will receive New Orleans’ 2025 second-round pick in the deal, while the Spurs receive cash, sources tell Andrew Lopez of ESPN (Twitter link).

12:41pm: The Spurs are trading Devonte’ Graham and a second-round draft pick to the Hornets, one of the veteran guard’s former teams, reports Adrian Wojnarowski of ESPN (Twitter link).

Graham won’t be back in Charlotte for long, though. According to Wojnarowski, the Hornets plan to waive Graham, making him an unrestricted free agent. The guard’s $12.65MM is partially guaranteed for $2.85MM, so Charlotte will have to take his fully salary into its cap room but will only end up on the hook for $2.85MM.

The 6’1″ Kansas alum, 29, played sparingly with the Spurs last season, averaging just 5.0 points per game on a .352/.301/.813 shooting line. He appeared in just 23 contests, logging 13.6 minutes per night.

Graham kicked off his NBA career with the Hornets, for whom he played from 2018-21. He spent 2021/22 and part of ’22/23 with the Pelicans before being traded to San Antonio midway through that season. During his best year, 2019/20, Graham finished fifth in Most Improved Player voting, averaging 18.2 points, 7.5 assists, 3.4 rebounds and 1.0 steals per game.

As cap expert Yossi Gozlan notes (via Twitter), this deal will give San Antonio some additional cap relief — the team now projects to have up to about $19MM in cap space.

As Gozlan notes, the Spurs could theoretically take back the mid-sized contract of a veteran wing like Harrison Barnes or Kevin Huerter to help orchestrate a three-team sign-and-trade with the Bulls and Kings to send All-Star wing DeMar DeRozan to Sacramento. San Antonio likely has something specific up its sleeve that will require a bit of extra breathing room below the cap, since Graham’s $2.85MM partial guarantee was pretty minimal.

The Hornets are reportedly waiving Davis Bertans in order to open up the cap room necessary to take on Graham’s salary.

Hornets Cut Aleksej Pokusevski, Bryce McGowens

July 6th, 2024 at 3:34pm CST by Luke Adams

3:34pm: Pokusevski and McGowens have officially been waived, according to a release from the Hornets.

2:40pm: The Hornets will create some additional salary cap flexibility by waiving two more players on non-guaranteed contracts. The team is cutting forward Aleksej Pokusevski, according to Shams Charania of The Athletic (Twitter link), as well as wing Bryce McGowens, per Rod Boone of The Charlotte Observer (Twitter link).

The 17th pick in the 2020 draft, Pokusevski spent three-and-a-half seasons in Oklahoma City before being waived by the Thunder in February. He caught on with the Hornets a few days later and played a regular role off the bench in Charlotte down the stretch, averaging 7.4 points, 4.4 rebounds, and 1.7 assists in 19.2 minutes per game across 18 appearances.

McGowens, meanwhile, has played in Charlotte for the past two seasons after being drafted 40th overall in 2022. The 21-year-old appeared in 59 NBA games last season, averaging 5.1 PPG, 1.7 RPG, and 0.9 APG with a .439/.333/.776 shooting line in 14.9 MPG.

Both Pokusevski ($2.27MM) and McGowens ($2.02MM) were on non-guaranteed minimum salary contracts. Cutting them is necessary to accommodate a series of moves the Hornets are completing using cap room, including trading for Devonte’ Graham, Josh Green, and Reggie Jackson. The club is also waiving Davis Bertans, whose salary is only partially guaranteed.

If Pokusevski and McGowens don’t catch on with another team right away and there’s mutual interest in a return to the Hornets, there would be no rule stopping Charlotte from re-signing them on new minimum deals. But it’s unclear whether or not that’s the plan for either player.

Hornets Waive Davis Bertans

July 6th, 2024 at 3:33pm CST by Alex Kirschenbaum

3:33pm: The Hornets have cut Bertans, the team confirmed in a press release. He’s on track to clear waivers on Monday.

1:01pm: The Hornets will waive veteran power forward Davis Bertans, reports Shams Charania of The Athletic (Twitter link).

Bertans has a $16MM salary for 2024/25, but only $5.25MM of that total is guaranteed. Charlotte will be on the hook for that partial guarantee, creating more than $10MM in cap room in the move.

Ahead of Charania’s report, cap expert Yossi Gozlan had speculated (via Twitter) that Charlotte might make this move to accommodate the incoming salary of veteran point guard Devonte’ Graham in its trade with the Spurs. The Hornets are acquiring their former guard in exchange for a second-round draft pick from San Antonio. Graham is slated to be waived as well.

Bertans, 31, was dealt to the Hornets from the Thunder midway through the 2023/24 season in the Gordon Hayward trade. He saw his role expand on a lottery-bound Charlotte squad, averaging 8.8 points on a .394/.375/.889 shooting line.

A career 39.6% percent shooter on 4.7 long-range attempts a night, the 6’10” vet could have a decent market for his services as a floor-spacing stretch four. Given that this is at this point his only true skill and he’s now over 30, Bertans will probably be on the hunt for a veteran’s minimum-level deal.

Stein’s Latest: Ingram, Bridges, Cavs, Mavs, Westbrook

July 4th, 2024 at 3:45pm CST by Rory Maher

The Pelicans have “intensified” their efforts to trade Brandon Ingram in the past few days, league sources tell Marc Stein (Substack link).

Apparently the desire for a deal is mutual, as Ingram is disappointed that New Orleans has been unwilling to offer him a lucrative long-term extension. Stein hears that Ingram’s representatives have been looking at trade options.

Aside from moving Ingram, the Pels are focused on trying to sign Trey Murphy to a rookie scale extension, Stein writes. They’re also looking for depth up front after Jonas Valanciunas agreed to a three-year deal with Washington.

According to Stein, the Kings, who have explored trading for several forwards, are one potential suitor for Ingram.

Here’s more from Stein’s latest rumor round up:

The Cavaliers have been described as a “team to watch” in a possible sign-and-trade for Hornets forward Miles Bridges, though Stein isn’t sure how serious Cleveland’s interest is. Bridges is “known to be interested” in sign-and-trade scenarios, Stein adds.
The Mavericks are “sure to re-sign” free agent forward Markieff Morris, according to Stein, who says Dallas is also looking for minimum-salary backcourt depth. Morris hinted at returning to the Mavs on Wednesday.
Sources tell Stein the Mavericks offered Derrick Jones the same three-year, $27MM contract that Naji Marshall accepted, but evidently Jones was looking to maximize his earnings, which is why he agreed to a three-year, $30MM deal with the Clippers. Stein hears the Mavs weren’t sure how much money Jones would command and were wary of a bidding war, which is why they switched their attention to Marshall, a player they like.
According to Stein, the Nuggets continue to show the “most tangible” interest in Clippers guard Russell Westbrook, who is considered likely to be on another team to open the 2024/25 season.

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.

Free Agent Rumors: DeRozan, Kings, Spurs, Morris, Bridges, Jones

July 3rd, 2024 at 9:59pm CST by Luke Adams

Following up on a report from Marc J. Spears stating that Sacramento is a “dark horse” suitor to watch for DeMar DeRozan, Barry Jackson of The Miami Herald confirms (via Twitter) that the Kings and Bulls have had discussions about a possible sign-and-trade deal involving the free agent forward.

The Spurs have also emerged as a possibility for DeRozan, Jackson adds. The 34-year-old previously spent three seasons playing for Gregg Popovich in San Antonio from 2018-21.

While Jackson (Twitter link) isn’t entirely ruling out the Heat for DeRozan, he notes that the club’s cap situation makes it impossible to give the forward the kind of contract he’s seeking, so the front office seems more likely to preserve its assets in case a better trade opportunity arises — as a first-apron team, Miami would be in a better position to acquire a player who is already under contract than a free agent like DeRozan via sign-and-trade.

Here are a few more free agent rumors and notes from around the NBA:

The Sixers have expressed interest in the possibility of a reunion with free agent forward and Philadelphia native Marcus Morris, multiple sources tell Keith Pompey of The Philadelphia Inquirer. However, the 76ers aren’t the only team eyeing Morris. The Pistons, Hornets, Cavaliers, Mavericks, Heat, and Timberwolves have all expressed some level of interest too, Pompey writes.
It’s unclear where Miles Bridges will end up, according to Rod Boone of The Charlotte Observer, who says that the Pistons‘ interest seems to have dwindled following their front office and coaching changes, while the Sixers were “never in” on the free agent forward. The Hornets and Bridges publicly expressed interest in a new deal earlier in the offseason, but they’ve had over two weeks to talk and still don’t appear to have momentum toward an agreement. “I think they end up signing and trading Bridges,” a rival executive told Boone.
The Clippers continue to have interest in bringing back Kai Jones, but the free agent big man has an ankle injury that will prevent him from suiting up for Summer League, a source tells Law Murray of The Athletic (Twitter link).
The Pistons are one of the only teams that still has significant cap room available and they’ll need to at least reach the minimum salary floor before the season begins. Omari Sankofa II of The Detroit Free Press (subscription required) suggests a few potential free agents targets for Detroit, including Malik Beasley and Gary Trent Jr., while James L. Edwards III of The Athletic considers trade scenarios that might make sense for the club’s cap room.

Hornets’ Tidjane Salaun Signs Rookie Contract

July 3rd, 2024 at 9:12pm CST by Luke Adams

The Hornets have signed lottery pick Tidjane Salaun to his rookie scale contract, the team announced today in a press release.

Salaun is headed to Charlotte after spending the past two seasons with Cholet Basket in France’s top basketball league (LNB Elite). In 54 games with the team in 2023/24, the 6’9″ forward averaged 9.7 points, 3.9 rebounds, and 1.1 steals per contest.

The No. 6 overall pick Salaun was one of three French prospects selected in the top half of the 2024 lottery, joining countrymen Zaccharie Risacher (No. 1) and Alex Sarr (No. 2). He’s also one of the youngest players in this year’s draft class — he won’t turn 19 next until next month.

As our breakdown of rookie scale salaries show, Salaun will earn nearly $7.5MM in 2024/25 and approximately $34MM over the next four years, assuming he signed for the usual 120% of the rookie scale amount and eventually has his third- and fourth-year options exercised.