Hornets Rumors

Hornets Trade Nick Richards To Suns

6:43 pm: The trade is now official, according to press releases from the Suns and Hornets.


3:47 pm: The Suns and Hornets have agreed to a trade that will send center Nick Richards and a second-round draft pick to Phoenix in exchange for Josh Okogie and three second-round picks, reports Shams Charania of ESPN (Twitter link).

The Suns only have three tradable second-rounders on hand: Denver’s 2026 and 2031 selections, and Phoenix’s own 2031 pick. Those are the three picks headed to Charlotte in the deal.

According to John Gambadoro of Arizona Sports 98.7 (Twitter link), the pick being sent from the Hornets to the Suns is a 2025 selection. It will be the least favorable of Denver’s and Philadelphia’s picks, per ESPN’s Bobby Marks and Charania (Twitter link). Barring an unexpected development in the second half of this season, that figures to be the Nuggets’ second-rounder.

Richards, 27, has seen regular rotation minutes in Charlotte since the start of the 2022/23 campaign and served as the team’s primary starting center in ’23/24 with Mark Williams sidelined. So far this season, he has appeared in 21 games, averaging 8.9 points, 7.5 rebounds, 1.3 assists, and 1.2 blocks in 21.0 minutes per night.

Richards is on a team-friendly contract that pays him $5MM this season, with a $5MM non-guaranteed salary for next season. Okogie’s deal is also guaranteed in 2024/25 and non-guaranteed in ’25/26, but he’s earning $8.25MM this season, so the swap will reduce Phoenix’s projected end-of-season luxury tax bill by approximately $20MM, per cap expert Yossi Gozlan (Twitter link), while giving the team an athletic option in the frontcourt.

Richards is expected to take over as the Suns’ starting center once he gets acclimated, tweets Gambadoro.

Reporting over the weekend indicated that the Suns and Hornets were in talks about a potential Richards trade that would send second-round draft capital to Charlotte.

Phoenix center Jusuf Nurkic was believed to be part of those discussions, but the Hornets were likely unwilling to take on Nurkic’s contract, which has a significantly higher cap hit ($18.13MM) than Okogie’s and is also fully guaranteed for next season ($19.38MM). An Okogie/Richards swap is simpler from a cap perspective and doesn’t require Charlotte to include a second player.

Because they’re operating over the second tax apron, the Suns have limited options on the trade market this season. They’re not able to aggregate contracts or take back more salary than they send out. This deal meets those requirements while taking advantage of an Okogie contract that had been viewed as a probable trade chip since it was first signed in July. Not coincidentally, Okogie became trade-eligible on Wednesday.

Besides its newly acquired 2025 second-round pick, Phoenix’s only remaining tradable draft asset is its 2031 first-rounder. The front office figures to make that first-round selection available as the club continues to weigh its options on the market ahead of the February 6 deadline.

As Marks tweets, Phoenix will generate a $3.25MM trade exception as a result of this transaction. The Suns would be able to use that exception during the season, but not in the 2025 offseason as long as they continue to operate over the second apron.

As for the Hornets, after taking advantage of their significant breathing room below the luxury tax line to take on contracts and acquire three second-round picks from the Knicks in the Karl-Anthony Towns blockbuster in the fall, they’re taking a similar path here, absorbing some extra salary in a deal for their backup center and netting multiple future second-rounders in the process.

Charlotte will still be operating $7MM+ below the tax line once this move is official, leaving the team with some flexibility to potentially facilitate another deal or two with a cap-strapped trade partner by Feb. 6.

While the Hornets are making this trade for the draft assets rather than for Okogie, the veteran swingman has been solid in limited minutes this season, averaging 6.0 points and 2.9 rebounds in 14.0 minutes per game across 25 outings, with career-high shooting percentages of 49.1% from the floor and 38.1% on three-pointers. He’s considered a versatile and above-average wing defender.

If Okogie isn’t part of Charlotte’s plans going forward, the club could look to flip him in the coming weeks, though he’ll be ineligible to have his salary aggregated with another player’s.

Southeast Notes: Herro, Bitadze, Williams, Wizards

After being referred to as “fragile” by Heat president Pat Riley last spring, Tyler Herro has responded in impressive fashion to Riley’s public challenge to improve his availability, writes Anthony Chiang of The Miami Herald. Acknowledging during his end-of-season press conference last year that Herro had dealt with some major injuries, Riley said he hoped to see the veteran shooting guard be able to play “in that 72- to 82-game range.”

Herro, who has never appeared in more than 67 games in a season and missed 40 contests in 2023/24, has yet to sit out a single game in ’24/25, having suited up for each of the Heat’s 38 matchups to date.

“I’m trying to play over 70, 75 games, for sure,” Herro said. “Obviously, if I can play all 82, I’ll play 82. But I’m just trying to be as healthy as possible.

“… I don’t need anyone to tell me I’m fragile or I haven’t played as many games,” he continued. “I’m aware of what’s going on. I know I missed the last two seasons, with the hand injury and half the season last year. I’ve seen the comments Coach Riley said. In my own world, I was going to try to play more games on my own either way. I took his words, obviously, into consideration and used it as motivation as I always do.”

As Chiang writes, a player’s availability often comes down to luck, but Herro also says he’s been “more conscious” than ever about managing his body and his weight this season. On top of being more available than in the past, Herro is enjoying a career year in Miami, averaging 24.0 points, 5.7 rebounds, and 5.1 assists per game on .469/.403/.862 shooting.

We have more from around the Southeast:

  • Magic center Goga Bitadze has been placed in the NBA’s concussion protocol and won’t be available on Wednesday vs. Milwaukee, reports Jason Beede of The Orlando Sentinel. Bitadze, who has been Orlando’s primary starting center this season, was struck in the head during Sunday’s win over Philadelphia. He didn’t exhibit any concussion symptoms right away, but has since developed those symptoms, Beede explains.
  • In a conversation with Spencer Davies of RG.org, Hornets center Mark Williams spoke about having Taj Gibson as a veteran mentor, the team’s trust in first-year head coach Charles Lee, and his belief that Charlotte is better than its 8-28 record suggests. “I believe 100 percent we’re better than what our record shows,” Williams said. “I know it sounds kinda repetitive with guys being out, but you can’t control it. So I think for us, whoever is out there on the floor with us, maintaining the same style of play, playing hard, doing all the little things on the court, hustle plays, rebounds. And I think for us, it’s just finding a way no matter what.”
  • Wizards rookies Alex Sarr, Carlton Carrington, and Kyshawn George, are beginning to feel the effects of the NBA’s 82-game regular season grind, writes Varun Shankar of The Washington Post. Carrington and Sarr rank first and second among first-year players in minutes per game, while George is seventh. “I’ve never played this (number) of games, never played this (many) minutes as well. So it’s definitely taken a toll,” Carrington said. “… Can’t really dwell on it; it’s just something you got to get through.”

NBA Announces New Dates For Nine Games

The NBA, which recently had to postpone four games as a result of wildfires in Los Angeles and severe weather in Atlanta, has rescheduled three of those contests and announced date changes for six others, the league announced in a press release (Twitter link).

The Hornets/Lakers game that was supposed to be played last Thursday will take place at Crypto.com Arena on February 19, while the Hornets/Clippers game that had been scheduled for last Saturday has been moved to March 16.

Additionally, last Saturday’s Rockets/Hawks that was postponed due to the weather in Atlanta will now be played on January 28 at State Farm Arena.

There’s still no new date for last Saturday’s Spurs/Lakers game, with the NBA indicating that a make-up date for that contest will be announced at a later time.

In order to accommodate the rescheduled games, the NBA has also announced the following tweaks to the schedule:

  • The Bulls/Clippers game scheduled for January 21 in L.A. has been moved up to Jan. 20.
  • The Wizards/Jazz game scheduled for Jan. 23 in Utah has been moved back to March 19.
  • The Jazz/Lakers game scheduled for Feb. 11 in L.A. has been moved up to Feb. 10.
  • The Wizards/Clippers game scheduled for March 16 in L.A. has been moved up to Jan. 23.
  • The Wizards/Trail Blazers game scheduled for March 18 in Portland has been moved up to March 17.
  • The Clippers/Jazz game scheduled for March 19 in Utah has been moved up to Feb. 13.

Despite not being involved in any of last week’s postponed matchups, the Jazz and Wizards will each have three games moved around in order to help minimize back-to-backs and reduce travel.

It’s perhaps not a coincidence that Utah and Washington are among the NBA’s cellar dwellers — the league likely wanted to avoid making schedule changes that would significantly impact teams involved in playoff races.

Eighteen More Players Become Trade-Eligible

Today is Wednesday, January 15, which means that a total of 18 players who signed free agent contracts meeting specific criteria this past offseason are now eligible to be traded.

Most offseason signees became trade-eligible on December 15, but players who met the following criteria were ineligible to be moved for an extra month:

  1. The player re-signed with his previous team.
  2. He got a raise of at least 20%.
  3. His salary is above the minimum.
  4. His team was over the cap and used Bird or Early Bird rights to sign him.

The following players met that criteria and are eligible to be traded as of Wednesday:

Most of the players on NBA rosters are now eligible to be moved, though a small handful still can’t be dealt.

That group includes Kings forward Doug McDermott, who becomes trade-eligible on Thursday, Celtics sharpshooter Sam Hauser (trade-eligible on January 23), Pacers guard Andrew Nembhard (Jan. 26), Grizzlies big man Jay Huff (Jan. 28), Cavaliers center Jarrett Allen (Feb. 2), and Knicks center Ariel Hukporti (Feb. 5).

Additionally, there are several players who won’t become trade-eligible at all prior to this season’s February 6 deadline, including stars like Joel Embiid, Lauri Markkanen, and Jamal Murray.

Players on 10-day contracts are also ineligible to be dealt.

Southeast Notes: Williams, Wizards, Brogdon, Risacher

Mark Williams has firmly reestablished himself as the Hornets‘ starting center after returning from injuries that kept him out of action for nearly a full calendar year, writes Roderick Boone of The Charlotte Observer.

Williams was dominant in Sunday’s loss at Phoenix, posting 24 points, 16 rebounds, four assists and a block. Most of that damage came in the first half when he had 22 points and 13 rebounds, joining Nikola Jokic and Victor Wembanyama as the only players this season to reach those numbers by intermission.

“I just wanted to come out, be aggressive obviously,” Williams said. “The first game (against Phoenix), we won by playing with pace. So, I just wanted to go out there, and start with those things and it showed for itself.”

Boone adds that two-way big man Moussa Diabate was impressive while Williams and Nick Richards were sidelined with injuries, so Charlotte could make a move at the position before the February 6 trade deadline. A league source told Boone that the Suns have interest in acquiring Richards, confirming reports from over the weekend. Boone notes that Richards had 15 points, 12 rebounds and three blocks against Phoenix when the teams met last week, which likely helped his trade value.

There’s more from the Southeast Division:

  • Wizards coach Brian Keefe spoke for less than a minute after Sunday’s 41-point loss to Oklahoma City, per Varun Shankar of The Washington Post. Keefe, who only took one question from reporters, was upset that his players didn’t respond to the challenge of facing one of the NBA’s best teams. “We deserve to be criticized by [Keefe],” Corey Kispert said. “… This one is definitely on us as players. Credit to him. He takes a lot of criticism and deflects a lot of praise. And oftentimes that’s not fair because we play and he doesn’t, and it’s our job to be way, way better than we were tonight.”
  • A foot issue that has caused Malcolm Brogdon to miss four straight games could turn into an extended absence, Shankar adds. For Friday and Sunday, the Wizards changed Brogdon’s designation on the injury report from “right foot pain” to “a plantar fascia contusion on his right foot.” Injuries have limited the veteran guard to 18 games this season. He missed the preseason and the first 11 games due to thumb surgery, then sat out four games in December with an injured hamstring.
  • Along with learning how to play in the NBA, Zaccharie Risacher had to adjust to a new culture when the Hawks selected him with the No. 1 pick in last year’s draft, notes Lauren Williams of the Journal-Constitution. This season is the first extended time Risacher has spent outside of his native France. “I feel like I’m learning every day, and my English has started to get better,” he said. “Just being able to speak with everybody around here, it can be at the facility, within the organization, but also in real life with like people outside in my building, when I go to restaurants or whatever, I speak English all the time. So it really helped me to get better.”

Suns, Hornets Have Discussed Nick Richards, Jusuf Nurkic

The Suns and Hornets have had discussions about the idea of a trade that would send Jusuf Nurkic and draft capital to Charlotte and Nick Richards to Phoenix, confirms John Gambadoro of Arizona Sports 98.7 (Twitter links). The talks, described as “ongoing” by Gambadoro, were first reported by Evan Sidery of Forbes (Twitter link), who referred to them as “preliminary.”

Nurkic has fallen out of the rotation in Phoenix. After serving as the Suns’ starting center for most of the season, he came off the bench on Monday and Tuesday, then was a DNP-CD in Thursday’s and Saturday’s games. The veteran big man is known to be on the trade block, but his $18.13MM salary this season and a guaranteed $19.38MM salary for next season will make it difficult to move him.

Richards is a younger, more versatile center whose contract is also far more team-friendly than Nurkic’s — the Hornets’ big man is owed $5MM this season and another $5MM in 2025/26. He has averaged 9.2 points, 7.7 rebounds, and 1.3 blocks in 21.2 minutes per game through 20 games this season.

Given the disparity between the two players’ salaries, the Hornets would have to send out at least one more player (earning at least $5.63MM) to make a trade legal. The Suns would likely prefer Cody Martin ($8.12MM), a versatile wing who is having a solid bounce-back year after a couple injury-plagued seasons, while Charlotte may want to include veteran point guard Vasilije Micic ($7.72MM), the former EuroLeague MVP who has struggled with his shot since making the move to the NBA in 2023.

Both Martin and Micic have one more year of team control beyond this season, but neither player’s 2025/26 salary is guaranteed at this point. The same goes for Richards.

The Suns, who are facing second-apron restrictions, could also legally acquire Grant Williams ($13.03MM) or Josh Green ($12.65MM) along with Richards in exchange for Nurkic, though Williams is out for the season following knee surgery. Both he and Green have two more guaranteed years on their contracts after this season.

Phoenix currently has three tradable second-round picks: Denver’s 2026 and 2031 picks and the Suns’ own 2031 second-rounder. Even if the Suns were willing to include all three of those picks, it’s unclear whether the Hornets would have the appetite to take on Nurkic, whose sizable guaranteed salary would significantly reduce their flexibility in ’25/26 — especially if Charlotte can’t get out of a multiyear deal of its own in the process.

As we wrote earlier today in a Front Office article, the Hornets have several potential trade chips who are earning mid-level money or less, which could make them an intriguing trade partner for a team facing apron-related restrictions. The Suns wouldn’t be able to trade Nurkic for a player earning more than his $18.13MM salary, but could potentially acquire multiple rotation-caliber players from Charlotte if they’re able to sufficiently sweeten the pot with draft assets.

Cap Observations: Bucks/Apron, Hornets’ Trade Chips, Nets’ Cap Room

It hasn't exactly been a quiet start to 2025 on the NBA rumor mill, as Jimmy Butler's trade request has led to plenty of speculation about where the Heat star could land and how a potential deal could impact the rest of the market. But it may still be a couple more weeks before the in-season trade market truly heats up ahead of the February 6 deadline.

In the meantime, we're taking a closer look at a handful of cap-related topics that have been on our minds, including a scenario in which the Bucks aren't subject to second-apron restrictions, an under-the-radar team to watch as a deadline seller, and why cap room projections for the Nets are a little all over the place.

Let's dive in...

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Southeast Notes: Rozier, Johnson, Jaquez, Banchero, Williams

Terry Rozier is waiting on his three-point luck to turn around, Barry Jackson of the Miami Herald writes. A career 36.3% shooter, Rozier is connecting on just 33.2% during his Heat tenure, including 29.2% this season.

I shoot the same every year. It will work for me. It’s just ups and downs,” Rozier said. “Once it starts clicking, it’s going to start clicking. I don’t care what my percentage is; I know it’s always 50 percent chance of going in.

Rozier was removed from the starting lineup for 14 games but has been a starter in five of his past six outings. He’s averaging 12.0 points, 4.1 rebounds and 2.8 assists per game on the season. The Heat traded a first-round pick and Kyle Lowry to acquire Rozier ahead of last year’s deadline.

We all want to start in this league,” Rozier said. “Nobody wants to be a starter and go to the bench no matter what they say. I’m happy being in the starting lineup. It might not be [permanent]; you never know.

We have more from the Southeast Division:

  • In the same article, Jackson notes that Heat rookie Keshad Johnson received a call from Charlotte after going undrafted in 2024, but Johnson knew he wanted to sign with Miami. “Here is where dreams come true,” Johnson said regarding the Heat’s previous success with undrafted players.
  • Second-year Heat forward Jaime Jaquez Jr. is enjoying the best stretch of his season, Anthony Chiang of the Miami Herald writes. He’s averaging 16.8 points, 6.5 rebounds and 5.5 assists while shooting 54.5% from the floor and 36.4% on three-pointers in his last four games — he also pulled down a season-high 10 rebounds on Monday and scored a season-high 20 points on Thursday.
  • Paolo Banchero made his return for the Magic on Friday after missing the last two months with a torn oblique. He scored 34 points in a narrow loss to the Bucks in his first game back, Tim Reynolds of The Associated Press writes. “I didn’t see that one coming, I can tell you that,” coach Jamahl Mosley said. “But that’s who he is. The kid’s been working his tail off to get back in. And so, what he was able to do with poise, taking the right shots at the right time, defending, taking matchups on, this tells you how much he wants to go get it and get after it. That’s who he is. He’s a star for a reason.” While the Magic stayed afloat without Banchero, Josh Robbins of The Athletic writes that his return and tremendous play gives the team more hope going forward.
  • Mark Williams has picked up where he left off for the Hornets after returning from health issues that sidelined him for a full year, averaging 12.2 points and 7.7 rebounds in 13 games (10 starts) this year. In an interview with Sportskeeda’s Mark Medina, Williams opened up about his recovery and having his minutes restriction lifted. “In my time that I was out, I was working on my game,” Williams said. “Obviously my teammates are finding me. There are a lot of spots that I’m comfortable in on the floor, whether it’s my floaters or my dunks. I’m also finding them at the same time for kicks and handoffs. That’s just us regaining the chemistry back with my teammates.

NBA Postpones Saturday’s Lakers, Clippers Games

The NBA has decided to postpone the Lakers and Clippers games that had been scheduled to take place on Saturday in Los Angeles, the league announced in a press release (Twitter link).

The Spurs had been scheduled to face the Lakers at Crypto.com Arena, while the Hornets were supposed to make their first visit to the Intuit Dome to face the Clippers. Dates for the rescheduled games will be announced at a later time, according to the league.

The NBA and its two Los Angeles teams have been communicating with local officials in L.A. and Inglewood, the league said in its statement, adding that postponing the games will ensure no resources are diverted from the wildfire response efforts.

The NBA also said that the league and the players’ union are donating $1MM in support of those affected by the L.A. wildfires, with that money going to the American Red Cross, World Central Kitchen, and other organizations.

Both the Lakers and Clippers are also scheduled to play home games on Monday, with the Lakers hosting the Spurs (again) and the Clippers scheduled to play the Heat. Those matchups are up in the air for now, though Law Murray of The Athletic (Twitter link) hears that the Clippers expect to play their game vs. Miami.

Saturday’s game is the second postponement for both the Lakers and Hornets, who had been scheduled to face one another on Thursday.

Lakers head coach JJ Redick fought back tears during a media session on Friday discussing the impact of the fires on his community and the loss of his family’s home, according to Dave McMenamin of ESPN.

“I was not prepared for what I saw,” Redick said. “It’s complete devastation and destruction. I had to go a kind of a different way to the house, but I went through most of the [Palisades] Village and it’s all gone. And I don’t think you can ever prepare yourself for something like that. Our home, our home is gone.

“… The Palisades community has really just been so good to us. I think that’s the part for us that we’re really struggling with is just the loss of community. And I recognize that people make up community, and we’re going to rebuild, and we want to help lead on that. But all the churches, the schools, the library, like, it’s all gone.”

Redick spoke to reporters about some of the irreplaceable personal and family items that were lost, but stressed that he’s more concerned about those affected by the fires who will have a harder time dealing with the aftermath.

“I don’t want people to feel sorry for me and my family,” Redick said. “We’re going to be alright. There are people that, because of some political issues and some insurance issues, are not going to be alright. And we’re going to do everything we can to help anybody who is down and out because of this.”

Southeast Notes: Butler, Kispert, Banchero, Hornets

Wizards two-way guard Jared Butler is stepping up in recent games and has impressed each time he’s gotten a chance at extended minutes this season, The Washington Post’s Varun Shankar observes. Over the past three games, Butler is averaging 19.0 points, 2.7 rebounds and 5.7 assists while finishing with a positive plus/minus in three Washington losses. He registered season highs of 26 points and seven assists on Wednesday against Philadelphia.

The Wizards were without Jordan Poole for all three of Butler’s recent big games and Malcolm Brogdon for two of those outings. In the 11 games this season in which Butler has played 10 or more minutes, he’s averaging 11.4 PPG and 4.1 APG on .477/.406/.714 shooting.

Just settles us down, gets us organized, has the ability to get in the paint, create for himself, create for others,” head coach Brian Keefe said. “His defense is really good, too — pressuring the ball, picking up full court. He’s doing the stuff that we want him to.

Butler originally signed with the Wizards on a two-way deal in the summer of 2023 before having that deal converted late last season. Facing a roster crunch last October, the Wizards waived him but were able to re-add him on a two-way contract after no team put in a claim for the former Baylor guard. If Washington clears a standard roster spot this season, Butler is a candidate to have his two-way deal converted.

We have more from the Southeast Division:

  • After an ankle sprain sidelined him for five games last month, Corey Kispert has found his confidence again, Shankar writes in another story for The Post. Since Dec. 19, Kispert is shooting 43.1% from beyond the arc on 5.9 attempts per game while averaging 13.5 PPG. In his last two games, Kispert scored a season high of 23 points in each outing while making a combined nine threes.
  • Magic star forward Paolo Banchero will make his return to game action on Friday against the Bucks after missing over two months with an oblique injury, NBA insider Chris B. Haynes reports (Twitter link). Banchero warmed up on Thursday after being ruled questionable, but was ultimately deemed out until tomorrow. While the re-introduction of Banchero into the lineup is obviously a boon for Orlando, it will likely take an adjustment period before the Magic are firing on all cylinders again after they went 19-14 without him, Jason Beede of the Orlando Sentinel writes. “Finding that flow again is going to take some time and we all understand that,” coach Jamahl Mosley said. “It’s going to be us being able to watch the film, get on the court together and that’s going to take some time.
  • The Hornets snapped a 10-game losing streak against the Suns on Tuesday, with the quartet of LaMelo Ball, Brandon Miller, Miles Bridges and Mark Williams playing together for just the eighth time, Shane Connuck of The Charlotte Observer writes. “We have enough in that locker room when it comes to talent. We have enough in that locker room when it comes to competitiveness. We just have to sustain it for four quarters,” head coach Charles Lee said. “We did that tonight, and we need to continue to just stack good days over good days, and we’ll come out on the other side of all of it.