Hornets Rumors

Southeast Notes: Wizards, Martin, Murray, Bridges

The Wizards held a press conference Saturday to introduce their three first-round picks, who are products of an aggressive strategy to add young talent in this year’s draft, writes Sapna Bansil of The Washington Post. Heading into Wednesday night with the second and 26th selections, Washington took Alexandre Sarr at No. 2 as expected, then traded up to No. 14 to grab Carlton Carrington and moved up to No. 24 to add Kyshawn George.

“We walked into [the draft] Wednesday night and had a plan in place,” general manager Will Dawkins told reporters. “We were aligned from top to bottom. We were strategic, [and] we were aggressive and made sure that we accomplished our goals. So with these three young men to my left, we feel like we’re adding a few more bricks to that base-level foundation that we talked about at the end of the season.”

Sarr, a 7’0″ center, becomes the cornerstone of the franchise and an anchor for the defense. Carrington will provide scoring punch in the backcourt, while George is a wing who can handle the ball and shoot threes. All three players are expected to be part of the Wizards’ Summer League team.

Bansil notes that for the second straight year, the front office prioritized athleticism, positional size and the ability to contribute on both ends of the court. They also looked for players who are mentally tough enough to handle rebuilding.

“Not every team [has] three first-round picks, and I think it was just very cool to be able to be with these guys that enjoy the game, are very positive and are easygoing people,” George said. “We’re all in the same boat, and getting to start this rebuild as a young group, young core is very exciting.”

There’s more from the Southeast Division:

  • The Heat are unlikely to be able to re-sign free agent forward Caleb Martin, a source tells Anthony Chiang of The Miami Herald. Martin, who declined his $7.13MM player option on Saturday, may get offers for the full $12.9MM non-taxpayer mid-level exception, Chiang adds. Re-signing him would mean second-apron status for Miami, which may now prioritize keeping Haywood Highsmith. They have been talking since teams were allowed to start negotiating with their own free agents, and Chiang hears there’s mutual interest in a new deal. Chiang also reveals that second-round pick Pelle Larsson is expected to sign a standard contract for next season worth between $1-2MM, although a two-way deal remains an option depending on how the rest of the roster comes together.
  • In a SportsCenter appearance (video link), ESPN’s Adrian Wojnarowski said there was “more of a market” to trade Dejounte Murray than fellow Hawks guard Trae Young. Murray is heading to New Orleans in exchange for a package that includes the Lakers’ first-round pick next year, and Wojnarowski said Atlanta was determined to land a selection in what’s projected to be a strong 2025 draft.
  • There’s still no clarity on Miles Bridges‘ future with the Hornets, per Roderick Boone of The Charlotte Observer. Bridges has been able to negotiate with the team for the past week-and-a-half, but Boone states that there hasn’t been “a hint of much traction” and the forward appears ready to test the open market.

Option/QO Notes: Green, Watanabe, Bertans, Barlow, Kings, More

Saturday represented the deadline for teams and players to exercise 2024/25 contract options and for teams to issue qualifying offers to players eligible for free agency. While there was a flurry of news about those options and QO decisions yesterday, a few players still slipped through the cracks.

We’ll start with Rockets forward Jeff Green. Reporting last week indicated that Houston planned to exercise his $8MM team option for 2024/25 and the team did just that, per RealGM’s transaction log. Green’s salary technically remains non-guaranteed until July 11 even now that his option has been picked up, but the expectation is that he’ll be retained — his expiring deal could be a useful salary-matching piece in a trade, and he also played rotation minutes for Houston last season, averaging 16.8 MPG in 78 appearances.

While there was no official confirmation on Saturday (as far as we could tell), Grizzlies forward Yuta Watanabe had long been expected to decline his $2.65MM player option for the 2024/25 season, since he’s on track to return to his home country of Japan and play for the Chiba Jets. There’s no indication that those plans have changed or that he picked up his option, so we’re assuming it was declined and that he’ll be off the board for NBA teams this offseason.

Finally, Davis Bertans‘ option with the Hornets was technically an early termination option rather than a player option, meaning that instead of needing to actively exercise it if he wanted to opt in, he needed to do nothing to opt in. He did just that, and will remain under contract with Charlotte for the time being, rather than becoming a free agent. However, his $16MM option salary is only partially guaranteed for $5.25MM, so he’s not assured of having the rest of that salary guaranteed, especially if the Hornets are looking to maximize their cap flexibility this offseason.

Here are a few more updates left over from a busy Saturday:

  • Dominick Barlow, a 21-year-old forward who has spent the past two seasons with the Spurs, didn’t receive a qualifying offer to make him a restricted free agent, per Adrian Wojnarowski of ESPN (Twitter link). San Antonio isn’t necessarily planning to part ways with Barlow, according to Tom Orsborn of The San Antonio Express-News, who tweets that the Spurs still have interest in discussing a new deal. However, he’ll have interest from other teams as well, says Wojnarowski.
  • The Kings didn’t tender qualifying offers to their three players eligible for restricted free agency (Kessler Edwards, Jordan Ford, or Jalen Slawson), confirms Sean Cunningham of FOX 40 Sacramento (Twitter link). All three players will be unrestricted free agents.
  • According to RealGM, players who did receive qualifying offers that weren’t previously reported (that we saw) include no-brainers like Sixers guard Tyrese Maxey and Raptors guard Immanuel Quickley, as well as Mavericks two-way player Brandon Williams.
  • We’ve previously published trackers for this year’s team option decisions and player option decisions, which are now fully up to date. We’ll be posting a full qualifying offer recap later this morning.

Southeast Notes: Atlanta, Young, Butler, Ware, Hornets

The Hawks‘ trade of Dejounte Murray will make the roster cheaper, more coherent, and a better fit around star guard Trae Young, The Athletic’s John Hollinger writes. However, it’s not clear whether Young remains in the franchise’s long-term plans.

While the roster might fit better together now, the Hawks have gone 161-157 over the past four seasons and don’t necessarily appear any closer to being a contender in the Eastern Conference. However, due to the original acquisition of Murray, the Spurs control the Hawks’ first-round picks for the next three drafts (unprotected in 2025 and 2027 and an unprotected swap in 2026)

That’s why, Hollinger writes, the Spurs are the most logical trade partner for any deal involving Young. San Antonio is looking for an elite point guard to pair with Victor Wembanyama, and the combined salaries of Devonte’ Graham (whose guarantee date was just pushed back), Zach Collins and Tre Jones match Young’s, Hollinger points out.

Outside of Young, offers for the likes of Clint Capela and De’Andre Hunter have been lacking, Hollinger hears from league sources, but more moves out of Atlanta are expected.

For now though, this is Young’s team and the trade of Murray allows for more roster flexibility, including unlocking the non-taxpayer mid-level exception as a result of ducking under the luxury tax line.

We have more from the Southeast Division:

  • Heat star Jimmy Butler is planning to play out the 2024/25 season and then opt out of his contract and hit unrestricted free agency next year, without signing an extension. While it isn’t the ideal outcome for either side, it represents a middle ground that allows Butler to bet on himself and buys the Heat time to figure out their future. As William Guillory of The Athletic writes, Miami understands Butler is the key to any postseason success this season. Still, Guillory wonders if it might make more sense to turn the page on the Butler era as the team quietly continues building a strong young core.
  • The Heat introduced the newest member of that young core to the media on Friday, with No. 15 overall pick Kel’el Ware making his press debut. “We feel very fortunate that we were able to get the specific player we wanted, that can complement our team, can complement Bam [Adebayo],” Heat president Pat Riley said, per the Miami Herald’s Anthony Chiang. Ware immediately becomes the tallest player on Miami’s roster.
  • The Hornets waiving Seth Curry and declining the team option on JT Thor‘s contract suggest they’re preparing to operate as a cap room team if they lose free agent forward Miles Bridges, Hollinger writes in a separate post. The Hornets could create up to $23MM in cap space if they waive the non-guaranteed contracts of Aleksej Pokusevski and Bryce McGowens.
  • The Hornets also introduced draft picks Tidjane Salaün and KJ Simpson on Friday. The duo represents vice president of basketball operations Jeff Peterson‘s first two pieces of his roster vision and culture. “[Salaün and Simpson] just embody everything that we want to be about,” Peterson said, per The Charlotte Observer’s Roderick Boone. “They are extremely unselfish. They work, they understand the importance of putting the time in. It’s the only way you are going to get the results that you want. They compete and they just have an amazing outlook and approach in terms of how to get better on a daily basis. So these two guys just embody exactly what we want to be about going forward.

Hornets Decline Team Option For JT Thor

The Hornets have declined their team option for 2024/25 on forward JT Thor, the team announced (Twitter link). The option would have been worth $1,988,598.

Thor, the 37th overall pick in the 2021 draft, is eligible to receive a qualifying offer since he has just three years of NBA experience, but the Hornets indicated that he’ll become an unrestricted free agent.

Still only 21 years old, Thor never emerged as a reliable rotation piece in Charlotte through the first three seasons of his career. He appeared in 69 games and made eight starts in 2022/23 but averaged just 14.0 minutes, 3.8 points, and 2.2 rebounds per contest. One of the more productive stretches of Thor’s career came in the final 12 games of the ’22/23 season, when he averaged 9.6 PPG and 3.9 RPG while making 40.0% of his threes.

Thor played one collegiate season at Auburn, showing impressive instincts on both sides of the ball that saw him gradually climb up 2021 draft boards.

In all, Thor averaged 3.2 PPG and 2.1 RPG in 165 appearances with the Hornets.

Hornets Waive Seth Curry

4:00pm: The Hornets have officially waived Curry, the team confirmed (via Twitter).


3:52pm: The Hornets are waiving sharpshooter Seth Curry before his $4MM salary for 2024/25 becomes guaranteed, according to ESPN’s Adrian Wojnarowski (Twitter link).

Friday represented the deadline for Charlotte to make a decision on that $4MM — it would have become guaranteed if Curry had remained under contract through today. While the Hornets have opted not to lock that money onto their ’24/25 cap, the two sides have mutual interest in exploring a new deal in free agency, says Wojnarowski.

The younger brother of Stephen Curry, Seth actually has a better career three-point percentage (43.1%) than his superstar sibling (42.6%). However, the 33-year-old – who obviously isn’t Steph’s equal as a play-maker or all-around scorer – is coming off a down year in 2023/24. He appeared in a total of 44 games for the Mavericks and Hornets, averaging just 5.1 points per game on .392/.352/.903 shooting.

The younger Curry, who was sent from Dallas to Charlotte in February as part of the trade package for P.J. Washington, was able to suit up for just eight games down the stretch for his hometown Hornets, as his season ended early due to a sprained ankle.

He’ll clear waivers on Sunday if he goes unclaimed.

USA Basketball Announces 15-Man Select Team

USA Basketball has announced in a press release that a 15-man Select Team will train with the U.S. Olympic squad as it prepares for the upcoming Olympics. The Select Team, which is made up mostly of younger players and some who have previous Team USA experience, will work out with the men’s national team in Las Vegas from July 6-8.

The members of the Select Team are as follows:

Perhaps the most notable name on the list is Flagg, who has committed to Duke and will begin his first college basketball season in the fall. He’s viewed as a strong candidate to be the No. 1 pick in the 2025 NBA draft.

Duren, Galloway, Murphy, Murray, and Pritchard were part of the U.S. Select Team that trained with the national team ahead of the 2023 World Cup.

It’s possible some of these players will use their Select Team experience as a springboard to represent Team USA in international competitions down the road. Kawhi Leonard, Devin Booker, Anthony Edwards, and Tyrese Haliburton are among the players on this year’s Olympic team that were members of a Select Team earlier in their respective careers.

The select team will be coached by Magic head coach Jamahl Mosley, who will be joined by assistants Jim Boylen and Matt Painter. Boylen, a former Bulls head coach and current Pacers assistant, was Team USA’s head coach during the qualifying contests. Painter has been the longtime head coach at Purdue.

Free Agent Rumors: KCP, George, Thompson, Bridges, More

Nuggets swingman Kentavious Caldwell-Pope, who is declining his 2024/25 player option and becoming an unrestricted free agent, appears more likely than not to switch teams this offseason, Marc Stein writes at Substack, citing league sources.

Stein, who has previously mentioned the Sixers and Magic as potential suitors for Caldwell-Pope, once again names them as teams who are well-positioned to make runs at the 31-year-old if they so choose, noting that Denver has luxury tax and apron concerns to consider. The veteran wing is considered to be a “strong possibility” for Orlando, per Sam Amick and Anthony Slater of The Athletic.

According to Stein, the Mavericks are another potential suitor to watch for Caldwell-Pope, with league sources saying there’s mutual interest between the two sides. However, Dallas is operating over the cap and would need to make a sign-and-trade deal to make a competitive contract offer to Caldwell-Pope. There’s a sense that the Nuggets won’t have interest in accommodating a sign-and-trade with a conference rival, Stein writes, even if it means losing their starting shooting guard for nothing.

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

  • Within a look at Paul George‘s potential free agency, Amick and Slater of The Athletic confirm that the Warriors‘ interest in the Clippers star is “legitimate” if he decides to go the opt-in-and-trade route instead of declining his 2024/25 player option. The Nuggets also recently had interest in George in that scenario, but don’t appear prepared to pursue a deal that would see them give up Michael Porter Jr. and “significant” draft capital, per The Athletic’s duo. For what it’s worth, Denver only has one tradable future first-round pick.
  • Despite a report from their colleague Shams Charania indicating that the Sixers‘ interest in pursuing George has “waned,” Amick and Slater cite a source who advises not to rule out Philadelphia entirely. The 76ers could offer George a maximum-salary deal using their cap room if he reaches the open market.
  • The Sixers also have interest in Klay Thompson, who continues to have little contact with the Warriors as he nears free agency, according to Amick and Slater, who add that the Nuggets also have Thompson on their list of potential replacements if they lose Caldwell-Pope. It’s hard to see how Denver, whose team salary is right at the luxury tax line, could make Thompson a strong offer unless more cost-cutting moves are made.
  • Discussing unrestricted free agent forward Miles Bridges, Hornets head of basketball operations Jeff Peterson confirmed reporting that has suggested the team wants to re-sign Bridges. “I’ve made it very clear to Miles that we want him to remain as a Hornet,” Peterson said (story via Rod Boone of The Charlotte Observer).
  • Isaiah Hartenstein and Nic Claxton top John Hollinger’s list of free agent centers at The Athletic by a wide margin over the rest of the class, with Hollinger’s BORD$ formula favoring Hartenstein. Claxton already has a four-year deal lined up to remain in Brooklyn, making Hartenstein the clear top option on the open market.

Nuggets To Trade Reggie Jackson To Hornets

The Nuggets have agreed to trade veteran point guard Reggie Jackson to the Hornets, according to Adrian Wojnarowski of ESPN (Twitter link), who hears from a source that Charlotte will also receive three second-round picks in the deal.

The Nuggets will send out their own 2025, 2029, and 2030 second-round picks in the swap, reports Jake Fischer of Yahoo Sports (Twitter link). They’ll receive cash from the Hornets, tweets Matt Moore of Action Network.

The news comes just three days after Jackson picked up his $5.25MM player option with Denver for the 2024/25 season.

Jackson, who originally signed with Denver on the buyout market in February 2023, struggled down the stretch during the Nuggets’ championship season, making just 38.3% of his field goal attempts (27.9% of his three-pointers) in 16 regular season games before falling out of the rotation for the playoffs.

However, the Nuggets opted not only to retain him for the 2023/24 season but to give him a raise, signing him to a two-year, $10.25MM contract using their taxpayer mid-level exception. The 34-year-old responded with a strong bounce-back season, averaging 10.2 points, 3.8 assists, and 1.9 rebounds in 22.2 minutes per game, with a shooting line of .431/.359/.806.

Despite that solid ’23/24 season, the Nuggets are essentially moving Jackson in a salary-dump deal, attaching future draft assets to move him and create some additional breathing room below the tax aprons.

According to Bobby Marks of ESPN (Twitter link), Denver’s team salary is now right around the $171MM tax line and approximately $19MM below the second apron. If the club wants to remain below that second apron and re-sign veteran wing Kentavious Caldwell-Pope, who is declining his $15.4MM player option, additional cost-cutting moves would likely be required.

It’s unclear whether or not Jackson will be in the Hornets’ plans for 2024/25. The team is expected to operate under the cap this offseason, so it could use cap room to take on the guard’s expiring contract. The $8MM room exception can also be used to acquire players via trade now, as cap expert Yossi Gozlan tweets.

Lee Impressed With Talent Level

  • Charles Lee, the new Hornets coach, said that LaMelo Ball is focused on being durable next season after a couple of injury-riddle campaigns. “I think that he’s just doing all that he can possibly do to make sure that he’s more available this year, a little bit healthier,” Lee told Roderick Boone of the Charlotte Obersver. “Injuries are going to happen, but if you can do a lot of the work on the front end, hopefully you can create some luck where you avoid one or two of these little minor, nagging injuries. And then outside of that, I just think that offensively, he’s going to be a big component or a big part of us being able to play fast.”
  • The Hornets are coming off a 21-win season but Lee is impressed with the talent level within the roster, according to the Associated Press. “We have a very, very good team here,” Lee said. “We’ve been snakebit with some injuries. … But this group is focused on the right things. The expectations are that we are going to compete every night, whether it’s a home game, road game or whoever is playing. This is going to be a group that is together offensively and defensively, no matter who is on the floor.”

Trade Rumors: Kings, Wizards, THJ, Grizzlies, Rockets

In the minutes and hours leading up to their No. 13 pick in tonight’s draft, the Kings were engaged in trade talks involving that selection, according to Jason Anderson of The Sacramento Bee (Twitter link).

Sacramento ultimately used that pick to select Providence guard Devin Carter and it doesn’t appear that there are any plans to trade him, but it seems safe to assume the Kings will remain on the lookout for help on the wing. Anderson says Wizards forward Kyle Kuzma and Nets sharpshooter Cameron Johnson were among the names he heard linked to the Kings, while Jake Fischer of Yahoo Sports (Twitter link) notes that Sacramento expressed interest in another Net, Dorian Finney-Smith, prior to February’s trade deadline.

Here are a few more draft-day trade rumors:

  • The Wizards have emerged as another “viable” trade partner for the Mavericks with Tim Hardaway Jr., according to Marc Stein (Twitter link), who previously identified Detroit as a possible landing spot for Hardaway. Unlike the Pistons, Washington doesn’t project to have cap room this offseason, so Dallas would likely have to take back some salary in a deal with the Wizards. As Stein points out, the two teams have already made one trade this year, with Washington sending Daniel Gafford to the Mavs in February.
  • Before drafting Ron Holland at No. 5, Detroit talked to the Grizzlies about a trade back to No. 9, but Memphis didn’t present anything “substantial” to convince the Pistons to make a deal, reports James L. Edwards III of The Athletic. The Grizzlies, who were believed to be eyeing Donovan Clingan, also spoke to the Hornets about the No. 6 pick, according to Fischer (Twitter link). Clingan ultimately went to Portland at No. 7, with Memphis opting for another center, Zach Edey, at No. 9.
  • Despite rumors that the Rockets want to turn around and immediately trade the draft assets they got from Brooklyn for a star – possibly Kevin DurantJonathan Feigen of The Houston Chronicle believes the team will take a longer-term outlook. As Feigen writes in a subscriber-only story, if Houston were prioritizing making a deal in the short term, the Nets picks they gave up would’ve been valuable assets. By kicking those picks down the road, the Rockets created a longer runway to explore the trade market and pursue possible deals.