Charlotte Hornets Rumors | Hoops Rumors

Free Agent Rumors: Iguodala, Oubre, Williams, Smith

August 5th, 2021 at 9:47pm CST by Dana Gauruder

A reunion between the Warriors and defensive specialist Andre Iguodala could be in the works. Iguodala has narrowed his choices to his former team along with the Nets and Lakers, Shams Charania of The Athletic tweets. Iguodala, 37, played 63 regular-season games with the Heat this past season and averaged a modest 4.4 PPG in 21.3 MPG, with a majority of his field-goal attempts coming from beyond the arc. Iguodala won three rings in six seasons with the Warriors.

We have more free agent buzz:

Free agent forward Kelly Oubre is in discussions with the Hornets, David Aldridge of The Athletic tweets. Oubre averaged 15.4 PPG and 6.0 RPG for Golden State last season but only made 31.6% of his 3-point attempts. The Hornets are also reportedly pondering an offer sheet to Bulls free agent Lauri Markkanen — with approximately $14MM in cap room remaining, they wouldn’t be able to sign both players unless one accepted a very team-friendly rate.
Before Lou Williams chose to return to the Hawks, the Lakers, Warriors and Bucks showed interest in the three-time Sixth Man of the Year award, according to Michael Scotto of HoopsHype. Williams opted for a one-year, $5MM agreement with Atlanta.
Free agent guard Dennis Smith Jr. won’t return to the Pistons, Marc Berman of the New York Post tweets. That’s no surprise, considering Detroit drafted Cade Cunningham with the No. 1 pick and reached an agreement with Cory Joseph after declining its team option on him.

Hornets Considering Offer Sheet For Lauri Markkanen

August 5th, 2021 at 3:11pm CST by Luke Adams

The Hornets, one of the NBA’s only teams that still has cap space available, have “strong” interest in a potential offer sheet for Bulls restricted free agent forward Lauri Markkanen, reports Shams Charania of The Athletic (Twitter link).

By my unofficial count, Charlotte currently has about $14MM in projected cap room and could increase that number slightly by waiving one or more of the non-guaranteed contracts on the team’s books (Cody Martin, Caleb Martin, and Jalen McDaniels). That would likely be enough space to make a competitive bid for Markkanen and put pressure on the Bulls, who have the ability to match any offer sheet he signs.

Chicago will be hard-capped as a result of the club’s sign-and-trade deals for Lonzo Ball and DeMar DeRozan. Accommodating a significant salary for Markkanen would potentially push the club into the tax and close to that hard cap. ESPN’s Bobby Marks (Twitter link) said following the DeRozan agreement on Tuesday that the Bulls’ team salary was about $19.5MM below the tax line and $26MM below the hard cap, with six open roster spots.

The seventh overall pick in the 2017 draft, Markkanen showed a ton of promise during his first two NBA seasons, posting a career-high 18.7 PPG and 9.0 RPG on .430/.361/.872 shooting in 52 games (32.3 MPG) in 2018/19. However, his development trajectory has leveled off since then, as he has battled a series of injuries and given the Bulls up-and-down production.

Still, the Finnish forward is only 24 years old and is a legitimate floor-spacing big man, having knocked down 40.2% of his three-point attempts this past season. Charlotte has plenty of talent in its backcourt (LaMelo Ball, Terry Rozier, James Bouknight) and on the wing (Gordon Hayward, Miles Bridges, P.J. Washington) and may view Markkanen as a nice fit up front.

If the Hornets is worried about a potential offer sheet being matched and the Bulls don’t want to risk losing Markkanen for nothing, the two sides could engage in sign-and-trade talks to ensure the seven-footer ends up in Charlotte and Chicago gets a minor asset or two in return for agreeing to let him walk. However, if Markkanen officially signs an offer sheet with the Hornets, a sign-and-trade would no longer be possible.

A restricted free agent can sign an offer sheet during the moratorium period, but the two-day matching clock doesn’t begin until the moratorium ends, so there’s no rush for Charlotte to get Markkanen to sign on the dotted line today.

For what it’s worth, a report earlier this week stated that the Spurs had interest in Markkanen in the DeRozan sign-and-trade, but weren’t comfortable meeting his asking price.

Trail Blazers Sign Cody Zeller

August 4th, 2021 at 3:50pm CST by Dana Gauruder

AUGUST 4: The Trail Blazers have issued a press release formally announcing the signing of Zeller. Because it’s a one-year, minimum-salary contract, it can be completed during the free agency moratorium.

AUGUST 2: Free agent center Cody Zeller has agreed to a one-year deal with the Trail Blazers, Adrian Wojnarowski of ESPN tweets. It’ll be a minimum-salary contract, reports Aaron Fentress of The Oregonian (via Twitter).

Zeller has spent his entire eight-year career with the Hornets. He averaged 9.4 PPG, 6.8 RPG and 1.8 APG in 20.9 MPG last season, though he only appeared in 48 games due to a hand fracture suffered during the season opener.

Zeller admitted prior to free agency he wasn’t sure what to expect.

“I think the biggest thing is just being somewhere where I’m valued. I just want to win,” Zeller said.

Zeller will presumably back up Jusuf Nurkic, unless Portland makes some other moves.

Hornets Sign Scottie Lewis, Arnoldas Kulboka

August 3rd, 2021 at 7:54pm CST by Eli Cohen

The Hornets have signed Scottie Lewis and Arnoldas Kulboka to two-way deals, per a team press release.

Lewis is a 6’5″ defensive specialist out of the University of Florida whom the Hornets selected 56th in this year’s draft. As a sophomore, Lewis averaged 7.9 PPG, 1.5 SPG and 1.0 BPG but failed to take much of a step forward as an offensive prospect. He is considered one of the better defensive and athletic players in this year’s draft.

Kulboka was the 55th pick in the 2018 draft and has been a draft-and-stash prospect since then. The 6’10” forward averaged 9.2 PPG and 4 RPG while shooting 42.5% from three on 4.6 attempts a night for Bilboa Basket, and has played for the Hornets during the past two Summer Leagues (2018/19 and 2019/20).

Lewis and Kulboka will supplant Nate Darling and Grant Riller as Charlotte’s two-way players.

Hornets Sign James Bouknight, Kai Jones

August 3rd, 2021 at 7:35pm CST by Eli Cohen

The Hornets have officially signed their two first-round picks, finalizing deals with former UConn guard James Bouknight and former Texas big man Kai Jones, according to a team press release.

Bouknight was taken with the 11th pick after averaging 18.7 PPG and 5.7 RPG in his sophomore season as an athletic shooting guard carrying a major offensive load. He showcased tough shot-making ability, elite athleticism and a nose for getting himself open off cuts and off-ball movement. The highlight of his season was a 40-point game against the ninth-ranked Creighton.

Jones, another sophomore, gained steam as a first-round pick throughout the season, and was at times even considered a potential lottery pick, due to his combination of athleticism, fluidity, and burgeoning offensive skillset, including a promising-looking jump shot. The Hornets traded a protected future first round pick to the Knicks to get the No. 19 pick to select Jones.

According to the team’s press release, Jones became just the fifth Bahamian player ever selected in the NBA draft.

Bouknight’s deal is expected to start at approximately $4.1MM and be worth approximately $19.1MM over its duration, while Jones’ is expected to start at around $2.7MM and will be worth approximately $13.4MM.

Hornets Sign Ish Smith To Two-Year Deal

August 3rd, 2021 at 5:32pm CST by Luke Adams

AUGUST 7: The Hornets have officially signed Smith, the team announced today in a press release. Based on the order in which Charlotte completed its roster moves this week, it looks like the team signed Smith using its room exception after using up all its cap space.

AUGUST 3: The Hornets have agreed to sign free agent point guard Ish Smith, sources tell Shams Charania of The Athletic (Twitter link).

Charania reports (via Twitter) that it’s a two-year deal, with a team option on the second year. Smith will earn $4.5MM in the first year, Charania adds.

Smith, a Charlotte native, has spent the last two seasons in D.C. as a backup point guard for the Wizards. The 33-year-old averaged 6.7 PPG, 3.9 APG, and 3.4 RPG in 44 games (21.0 MPG) in 2020/21, with a shooting line of .434/.367/.576.

While the Hornets have LaMelo Ball atop their point guard depth chart and Terry Rozier as a strong second option, those two guards often share the court, so Charlotte needed to add a reliable backup after agreeing to send Devonte’ Graham to New Orleans in a sign-and-trade deal. It looks like the team has landed on Smith to fill that role.

The Wizards, meanwhile, are making major changes to their point guard position this offseason, as Russell Westbrook will be traded to the Lakers and Smith won’t be back. Washington has agreed to acquire Aaron Holiday from Indiana and is also finalizing a sign-and-trade deal to acquire Spencer Dinwiddie.

Trade Rumors: Dinwiddie, Hornets, Ingles, T. Young

August 3rd, 2021 at 1:10pm CST by Arthur Hill

Spencer Dinwiddie is close to a deal with the Wizards, but it may take some complex maneuvering to get him there, Fred Katz writes in The Athletic’s free agency recap. The two sides are reportedly hammering out a three-year contract worth $60MM, but Washington is over the cap, so a sign-and-trade will have to be arranged involving the Nets and maybe more teams.

Katz points out that Brooklyn is already over the luxury tax threshold for next season and isn’t interested in adding salary. He suggests the teams may try to tie this deal to the trade sending Russell Westbrook to the Lakers. Katz is confident that Dinwiddie will eventually join the Wizards, but it won’t be easy to work through the details.

In the same piece, Alex Schiffer notes that Brooklyn has been trying to unload DeAndre Jordan‘s contract, which is worth nearly $20MM over the next two years. John Hollinger says the Lakers could send Kyle Kuzma directly to the Nets instead of the Wizards, which would enable Brooklyn to include Jordan and avoid a huge rise in its tax bill.

There’s more on potential trades to watch for:

The Hornets are one of the few teams that still has flexibility after an active first night of free agency, Hollinger adds. A sign-and-trade of Devonte’ Graham allows Charlotte to have $15MM in cap room or to expand the deal and bring another player, possibly Lauri Markkanen. Hollinger states that the Hornets still need one more guard and another big man.
The Warriors would be interested in trading for Joe Ingles if the Jazz make him available, sources tell Marcus Thompson II of The Athletic. Ingles will turn 34 soon, but his passing and shooting would be valuable in Golden State’s system, though Thompson cautions that actually acquiring him would be tricky from a cap perspective. The Warriors still have hope of signing longtime Spurs guard Patty Mills, Thompson adds.
Several contending teams and younger teams are interested in getting Thaddeus Young from the Bulls, tweets Joe Cowley of The Chicago Sun-Times. Chicago is hoping to resolve the situation with Markkanen before making a decision on Young.
There’s still a chance the Raptors could keep Goran Dragic– who is being acquired from the Heat in the Kyle Lowry sign-and-trade – rather than flipping him to another team, according to Michael Grange of Sportsnet (Twitter link).

Pelicans To Acquire Devonte’ Graham Via Sign-And-Trade

August 2nd, 2021 at 8:31pm CST by Luke Adams

The Pelicans are acquiring restricted free agent point guard Devonte’ Graham in a sign-and-trade deal with the Hornets, reports Shams Charania of The Athletic (Twitter link). Graham will be signing a four-year, $47MM contract with New Orleans, his agents Ty Sullivan and Austin Brown tell Adrian Wojnarowski of ESPN (Twitter link).

According to Charania, Charlotte is getting a first-round pick back in the deal. Wojnarowski reports (via Twitter) that it’ll be the Pelicans’ own 2022 first-rounder, with top-14 protection.

Having approached free agency hoping to land a top-tier point guard such as Chris Paul or Kyle Lowry, the Pelicans were forced to pivot as those All-Stars committed to other teams. Instead, the team will end up with Tomas Satoransky (via the Lonzo Ball sign-and-trade with Chicago) and Graham, who emerged as a reliable start during the last two years in Charlotte.

Graham isn’t an especially efficient scorer, having made just 37.7% of his field goal attempts in 2020/21. However, that’s primarily a result of his struggles scoring inside the arc — his three-point mark was a very respectable 37.5%. In addition to his ability to make threes, Graham is an above-average play-maker (6.5 APG over the last two seasons) and a respectable defender.

Moving on from Graham shouldn’t be a major blow to the Hornets, since they still have a solid backcourt that features LaMelo Ball, Terry Rozier, and lottery pick James Bouknight. Charlotte could also now have an extra pick in the first round of the 2022 draft, and with Graham no longer on the books, the club will create a little extra cap flexibility in both the short- and long-term.

Fischer’s Latest: Bulls, Ball, Pelicans, Hornets, Lakers, Schröder, Knicks, More

August 2nd, 2021 at 3:13pm CST by Luke Adams

While it’s possible the Bulls will sign restricted free agent point guard Lonzo Ball to an offer sheet in the four-year, $80MM range, doing so would be a risk, since the Pelicans could match that offer and leave Chicago empty-handed. According to Jake Fischer of Bleacher Report, a possible three-team deal involving the Bulls, Pelicans, and Hornets could eliminate that risk and ensure Ball lands in Chicago.

The structure – which John Hollinger of The Athletic alluded to earlier today and which has seemingly gained traction, per Fischer – would see Ball going to the Bulls, Devonte’ Graham to the Pelicans, and Tomas Satoransky, Josh Hart, and draft assets to the Hornets.

Fischer cautions that this is only one idea in play and that things should become clearer once free agency opens. A sign-and-trade that only involves the Bulls and Pelicans – with Satoransky going to New Orleans – is also a possibility, he adds.

Here’s more from Fischer’s latest rumor roundup:

The Lakers haven’t given up on the possibility of acquiring Buddy Hield from the Kings, but they don’t appear to be working closely with Dennis Schröder‘s camp on a possible sign-and-trade arrangement, per Fischer.
The Knicks and Wizards are still considered possibilities for Schröder, according to Fischer. The veteran point guard is also believed to be one of the Bulls‘ targets if they can’t land Ball, Fischer notes, writing that Chicago has done its homework on DeMar DeRozan and Richaun Holmes as well.
The Knicks are widely believed to be a frontrunner to sign Evan Fournier, perhaps for a three-year deal worth about $18MM annually, Fischer reports. Alec Burks and Nerlens Noel are also strong candidates to re-sign with New York for deals worth about $10MM per year, Fischer adds.
Will Barton appears likely to return to the Nuggets, according to Fischer, who says a two-year, $32MM+ contract is a real possibility.
Cameron Payne is considered a good bet to re-sign with the Suns for a deal in the $6MM-per-year range, says Fischer.

Free Agent Rumors: Lowry, DeRozan, Knicks, Graham, Jackson, More

August 2nd, 2021 at 2:22pm CST by Arthur Hill

Now considered to be favorites to land Kyle Lowry in free agency, the Heat may try to bring in DeMar DeRozan as well, tweets Jordan Schultz of ESPN, confirming a series of reports from the last 24 hours.

Lowry and DeRozan were backcourt partners in Toronto for many years and have remained close friends. Miami is looking at a sign-and-trade as the best way to add Lowry, and is hoping that DeRozan might be available for the mid-level exception. That represents a big pay cut, but sources tell Schultz he might be interested if it means a chance to play alongside Lowry again.

If DeRozan turns down the MLE, the Heat will focus on finding a stretch four, says Barry Jackson of The Miami Herald (Twitter link). There is support among the front office for Jeff Green, according to Jackson, who mentions Bobby Portis, Rudy Gay and Otto Porter as other options.

Meanwhile, Goran Dragic is expected to be part of a sign-and-trade with Toronto for Lowry, but the Raptors are unlikely to keep him. The Mavericks will be among the teams with interest in Dragic, according to Jackson (Twitter link).

Miami would also like to bring back reserve center Dewayne Dedmon, but he may get better offers, says Jackson (Twitter link). The Heat, who only hold Non-Bird rights on Dedmon, may have to offer part of their $3.6MM biannual exception to be competitive.

There’s more as the start of free agency draws closer:

The Knicks have some mutual interest with DeRozan, as well as Celtics shooting guard Evan Fournier, writes Ian Begley of SNY.tv. Begley also hears that Bulls guard Tomas Satoransky would be part of the potential return in a sign-and-trade if Chicago lands Pelicans RFA Lonzo Ball, while rival teams expect Duncan Robinson to re-sign with the Heat.
While he isn’t necessarily their Plan A or B, Cameron Payne is one of the free agent point guards on the Knicks‘ radar, writes Marc Berman of The New York Post. New York has considered a Payne/Derrick Rose tandem at point guard for next season, Berman adds.
The Thunder are seen by rival executives as a possible suitor for Hornets guard Devonte’ Graham, tweets Chris Haynes of Yahoo Sports. Graham is a restricted free agent, so Charlotte can match any offer, but Oklahoma City has the cap flexibility necessary to put pressure on the Hornets.
The Pelicans, Knicks, Celtics, and Nuggets are among the teams expected to express interest in point guard Reggie Jackson, per Sam Amick of The Athletic (Twitter link).
EuroLeague standout Tyler Dorsey, who previously played for Atlanta and Memphis, is positioned for a return to the NBA and is drawing interest from several teams, tweets ESPN’s Adrian Wojnarowski.

Luke Adams contributed to this post.