Chicago Bulls Rumors | Hoops Rumors

Bulls Waive RaiQuan Gray

July 13th, 2024 at 8:16pm CST by Arthur Hill

The Bulls have opened up a two-way contract slot by waiving RaiQuan Gray, according to NBA.com’s transactions log.

The 25-year-old power forward was acquired from the Spurs in the three-team deal that sent DeMar DeRozan to Sacramento last week. All the teams involved in the trade had to send or receive at least one asset from each other, so Gray was shipped from San Antonio to Chicago to satisfy that requirement.

Gray has seen minimal time in the NBA since being selected by Brooklyn with the 59th pick in the 2021 draft. He appeared in one game after signing a two-way contract with the Nets at the end of the 2022/23 season. He joined the Spurs on an Exhibit 10 contract last fall, but was waived in training camp.

Gray signed a two-way contract covering two seasons with San Antonio in March and appeared in three games. He played 43 G League contests for the Austin Spurs last season, averaging 15.4 points, 6.0 rebounds and 1.7 steals per night.

The move leaves the Bulls with a two-way roster opening as they consider their options at Summer League. Andrew Funk and Adama Sanogo are Chicago’s current two-way players.

Central Notes: Beauchamp, Pistons, Burleson, Holland, Bulls

July 13th, 2024 at 1:56pm CST by Luke Adams

Former first-round pick MarJon Beauchamp has appeared in 100 games across his first two seasons with the Bucks, but he has yet to establish himself as an indispensable part of the rotation, having averaged a modest 13.1 minutes per night since entering the NBA. Beauchamp will be suiting up for Milwaukee’s Summer League team for a third consecutive year and wants to show in Las Vegas that he’s capable of taking on a larger role this fall, as Eric Nehm of The Athletic details.

“I asked (Bucks head coach Doc Rivers) and he said he wanted me to play two games, and it’s up to me after that,” Beauchamp told Nehm. “But really, I just want to do whatever’s going to help me get on the court next year. So, I’m sacrificing, and I feel like I just need to go out there and be me, of course, and just show that I can guard and make open shots and just be able to play.”

While Beauchamp’s two years of NBA experience will give him a leg up on most of the other players in Vegas, the Bucks don’t just want him just looking to rack up big scoring numbers, Nehm writes. The club’s summer league coach, Pete Dominguez, said the 23-year-old wing has been asked to focus on making the right plays when he gets the basketball.

“Doc has been consistent with him,” Dominguez said. “Quick decisions. Don’t hold it. Shoot it, drive it, pass it. Quick decisions. That’s what we’ve been drilling with him all summer long. I think that’s what he’s getting ready to really showcase in Las Vegas.”

Here’s more from around the Central:

The Pistons are hiring Kevin Burleson as an assistant coach under J.B. Bickerstaff, reports Adrian Wojnarowski of ESPN (Twitter link). Burleson, who has also served as an assistant in Memphis and Minnesota, has been the head coach of the Rio Grande Valley Vipers (Houston’s G League affiliate) for the past two seasons. He was previously part of Bickerstaff’s coaching staff for one season in Memphis (2018/19).
Following his first Summer League practice in Las Vegas, No. 5 overall pick Ron Holland spoke to James L. Edwards III of The Athletic about his first few weeks as a member of the Pistons, expressing his appreciation that the team drafted him without having hosted him for a pre-draft workout. “I did nine or 10 workouts and they weren’t one of them,” Holland said. “In talking to (the Pistons) and talking to my agent, I learned that they watched a lot of film and did a lot of background research on me. For them to still do all that, and not be able to get me for a workout, it does mean a lot. It shows that they have a lot of confidence in me and believe in my passion for the game. They see me as someone who can come here and help turn the program around, and that’s a huge blessing to me.”
The Bulls have officially announced that Wes Unseld Jr. and Dan Craig are joining Billy Donovan‘s coaching staff, as was reported earlier in the offseason. The team’s announcement also included confirmation that assistant coach John Bryant has been promoted to the front of the bench, Henry Domercant is transitioning from his role as head coach of the Windy City Bulls to become a second-row assistant in Chicago, and Billy Donovan III is the new head coach in Windy City.

Groups Revealed For 2024 NBA Cup

July 12th, 2024 at 7:28pm CST by Tristan Tucker

The NBA has announced the five-team groups for this year’s in-season tournament, now renamed the Emirates NBA Cup, the league announced in a release on Friday (Twitter link).

Like last year, there are six groups — three each from the Western Conference and Eastern Conference — and each conference was split into five groups based on last year’s standings. One team was selected at random from each group to determine the group round matchups.

The results are:

West Group A: Timberwolves, Clippers, Kings, Rockets and Trail Blazers
West Group B: Thunder, Suns, Lakers, Jazz and Spurs
West Group C: Nuggets, Mavericks, Pelicans, Warriors and Grizzlies
East Group A: Knicks, Magic, Sixers, Nets and Hornets
East Group B: Bucks, Pacers, Heat, Raptors and Pistons
East Group C: Celtics, Cavaliers, Bulls, Hawks and Wizards

The NBA Cup begins with group play, which runs from Nov. 12 to Dec. 3. Each team plays one game against each of the four opponents in its group. The NBA released a matchup matrix to help fans follow along (Twitter link).

Just like last season, the winner of each group advances to a knockout round alongside the team with the best record in each conference that didn’t win a group. The semifinals and finals will again be played in T-Mobile Arena in Las Vegas.

Last year, the Lakers won the inaugural in-season tournament over the Pacers. LeBron James was named the tournament MVP after dropping 24 points in the title game.

The full game and broadcast schedule for group play will be announced next month.

Central Notes: Mobley, Pacers, Bulls, Buzelis

July 11th, 2024 at 7:09pm CST by Alex Kirschenbaum

Could Cavaliers big man Evan Mobley, who is eligible for a rookie scale extension, sign a deal to secure his long-term future in Cleveland this summer? During an appearance on ESPN Cleveland (YouTube video link), Brian Windhorst of ESPN expressed optimism that an agreement will be reached sooner rather than later.

“I would expect the contract to be done somewhat soon,” Windhorst said. “I think the Cavs are willing to give him the max, and quite frankly, they don’t have a leg to stand on now that the guys around him in their draft class with comparable statistics and comparable futures have gotten the max.”

Across 50 healthy contests last season for the 48-34 Cavaliers, the 6’11” power forward averaged 15.7 points, 9.4 rebounds, 3.2 assists, 1.4 blocks and 0.9 steals per game with a .580/.373/.719 shooting line. If he gets a maximum-salary extension, he would be the fourth player from the 2021 draft class to do so, joining Scottie Barnes, Franz Wagner, and Cade Cunningham.

There’s more out of the Central Division:

Fresh off their first Eastern Conference Finals appearance in a decade, the Pacers still have roster spots available, including all three of their two-way slots, writes Dustin Dopirak of The Indianapolis Star. Three current Summer League players for Indiana are all in the mix for spots on the 18-man regular season squad. Swingman Kendall Brown is on a non-guaranteed contract, while guard Quenton Jackson and center Oscar Tshiebwe are both restricted free agents after serving on two-way contracts in 2023/24. Indiana also has a pair of unsigned second-round picks (Tristen Newton and Enrique Freeman) and has a decision to make on the fate of unrestricted free agent forward James Johnson, a veteran enforcer who is more of a locker-room presence than a rotation player at this stage of his career.
Although the Bulls have offloaded two of their veteran starters, six-time All-Star forward DeMar DeRozan and two-time All-Defensive Team guard Alex Caruso, in separate deals this summer, Chicago may need to make further roster moves to maximize their tanking opportunity, opines Darnell Mayberry of The Athletic.
Rookie Bulls point forward Matas Buzelis, the No. 11 pick out of the G League Ignite in this year’s draft, is hoping to make a major two-way impact in his first NBA season, as he revealed during a new interview on NBC Sports Chicago’s “Bulls Talk” podcast. “My rookie year, I’m not going to have any plays ran for me,” Buzelis said (hat tip to K.C. Johnson of NBC Sports Chicago for the transcription). “So I have to go play defense and be an energy guy and make open shots.”

L.A. Notes: Davis, Lakers, DeRozan, Batum, Clippers, Christie

July 9th, 2024 at 12:09pm CST by Luke Adams

After LeBron James downplayed any concerns over what has been a quiet offseason so far for the Lakers, his star teammate Anthony Davis followed suit from Team USA’s training camp in Las Vegas, as Dan Woike of The Los Angeles Times relays. Davis pointed out that injuries to presumptive rotation players like Jarred Vanderbilt and Gabe Vincent had an impact on last year’s team and that having better health luck in 2024/25 could make a difference.

“We don’t know what we could have been if we had those guys, especially in the playoffs,” Davis said. “You know especially Vando because he’s a big part of what we do defensively. But, so we look at the lineup, and you know we come in ready to work.

“And last year is last year. We can’t say, ‘Oh this is the same team.’ It could be a different result. For us it’s about coming in with the mindset of getting to work and seeing how it plays out.”

Of the 15 players who finished last season on the Lakers’ roster, 13 remain under contract for the coming season. The only two newcomers to this point are the team’s two draft picks, Dalton Knecht and Bronny James.

Here’s more on the NBA’s two Los Angeles-based teams:

Although DeMar DeRozan was said to be on the short list of “impact” Lakers targets that LeBron James would have been willing to take a significant discount for, Shams Charania of The Athletic and Stadium stated during an appearance on The Rally (Twitter video link) that it came down to the Kings and Heat for DeRozan. “I’m told the Lakers never went beyond expressing just simple interest in DeRozan,” Charania said. “There were no offers or tangible conversations with the Bulls on a sign-and-trade deal.”
Speaking to reporters after he agreed to re-sign with the Clippers, veteran forward Nicolas Batum indicated that he chose to reunite with his former team and former head coach (Tyronn Lue) after receiving interest from over half the league. “I had several options, a lot of options, I actually had 17,” Batum said (French link via BasketUSA.com).
The Clippers, who had the NBA’s oldest roster last season, haven’t exactly been a player development hub in recent years, according to Law Murray of The Athletic, who takes a look at how the team could change that going forward, starting with this year’s second-round pick Cam Christie.

DeRozan Trade Notes: Contract, Draft Picks, Spurs’ Moves, CP3

July 9th, 2024 at 7:35am CST by Luke Adams

DeMar DeRozan‘s new three-year contract with the Kings is worth $73.7MM, according to ESPN’s Adrian Wojnarowski (Twitter link), who says the third year is partially guaranteed for $10MM.

If we assume the contract has a standard ascending structure with 5% annual raises, that would work out to about $48MM in guaranteed money for DeRozan across the first two seasons, with $58MM guaranteed in total.

Here’s more on the three-team sign-and-trade deal sending DeRozan to Sacramento that was officially finalized on Monday:

The two second-round picks the Kings sent to the Bulls in the trade are Sacramento’s own 2025 and 2028 second-rounders, per RealGM. The Kings have also traded away their own 2025 first-round pick (top-10 protected) and recently dealt Portland’s 2025 second-rounder to Toronto, so they currently don’t control any selections in next year’s draft.
The fact that the Spurs only had to make one roster move (waiving Charles Bassey) to finalize the trade suggests that Harrison Barnes gave up his $3.7MM trade kicker in order to make the math work, as LJ Ellis of SpursTalk writes. Even with Barnes waiving that trade bonus, the numbers still don’t quite add up unless Chris Paul‘s cap hit comes in a little lower than the $11MM figure initially reported — Paul’s deal may include unlikely incentives that wouldn’t count against the cap but could push the value of his deal to $11MM (or higher), as cap expert Yossi Gozlan speculates (via Twitter).
Prior to completing the deal, the Spurs renounced their rights to a handful of free agents, including two players to whom they previously issued qualifying offers: Sandro Mamukelashvili and David Duke (Twitter link via Keith Smith of Spotrac). That doesn’t preclude bringing back either player, but Mamukelashvili and Duke are now unrestricted free agents, so San Antonio wouldn’t have the right to match an offer they get from another team.
The inclusion of RaiQuan Gray, who is on a two-way contract, was necessary in order for the Spurs and Bulls to “touch” in the three-team trade (ie. each club has to send or receive an asset from the other two teams in the deal). However, Gray – who was sent from San Antonio to Chicago – will be waived by the Bulls, as K.C. Johnson of NBC Sports Chicago reported (via Twitter). The Spurs now have two open two-way slots, while Chicago will have one once Gray is officially cut.
Barnes, who had been a King since 2019, published a pair of tweets thanking the franchise, city, and fans for the experience. “To Kings fans and all of SAC, this city will always hold a special place in my heart,” Barnes wrote as part of a longer statement. “Thank you for embracing me and making this city feel like home. Your passion and love for the game are unmatched. Grateful for the memories we made together!”

Kings Officially Acquire DeRozan, Spurs Get Barnes In Three-Team Swap

July 8th, 2024 at 6:22pm CST by Dana Gauruder

The blockbuster three-team deal involving DeMar DeRozan and Harrison Barnes is official, according to a Spurs press release, Kings press release, and Bulls press release.

The Spurs acquired Barnes from the Kings. In addition, San Antonio received the right to swap first-round picks with the Kings in 2031 while sending two-way player RaiQuan Gray to Chicago.

Additionally, the Spurs are waiving Charles Bassey to complete the trade, Jeff McDonald of the San Antonio Express-News tweets. However, San Antonio is exploring ways to bring Bassey back in the fold.

Sacramento acquired DeRozan from the Bulls while sending Chris Duarte, two second-round picks and cash considerations to Chicago, along with Barnes and the 2031 pick swap to San Antonio.

The Bulls will waive Gray, K.C. Johnson of NBC Sports Chicago tweets.

The deal is a sign-and-trade for DeRozan, who ranked sixth on our list of the top 50 free agents for this summer. His new contract is worth approximately $76MM over three years, according to Chris Haynes of TNT and Bleacher Report (Twitter link), who adds that the first two seasons are fully guaranteed with a partial guarantee for the final year.

The contract includes $49MM in guaranteed money over the first two seasons, per Sean Cunningham of FOX 40 Sacramento (Twitter link). It also features bonuses for being named an All-Star, tweets ESPN’s Bobby Marks.

The trade leaves the Kings hard-capped at the $178.1MM first apron, per cap expert Yossi Gozlan (Twitter link). Sacramento will also create a $5.9MM trade exception in the deal, Gozlan adds.

The 34-year-old DeRozan was extremely productive during his three seasons in Chicago, averaging 25.5 points, 4.7 rebounds and 5.1 assists per game and finishing near the top in the Clutch Player of the Year balloting the past two seasons.

The six-time All-Star will now team with De’Aaron Fox, Domantas Sabonis, Malik Monk and Keegan Murray on what should be one of the league’s most exciting offenses. The Kings will be counting on that group to lead them back to the playoffs after being eliminated in the play-in tournament last season.

Parting with DeRozan is the latest step in an offseason roster shakeup in Chicago, which has already traded Alex Caruso and lost Andre Drummond in free agency. The Bulls are shifting to a younger and less expensive roster in hopes of eventually rebuilding into a more competitive team.

Duarte, a 27-year-old swingman with three years of NBA experience, is the latest addition, but it’s uncertain how large his role will be. He appeared in 59 games with Sacramento last season, but averaged just 3.9 points and 1.8 rebounds in 12.2 minutes per night.

Duarte is under contract for one more season at $5.9MM and is eligible for an extension through October 21. Chicago will create a significant trade exception in the deal $17.6MM trade exception in the deal, according to Bobby Marks of ESPN (Twitter link).

Barnes joins Chris Paul as veteran offseason additions in San Antonio. The 32-year-old is extremely durable, playing in all 82 games the past two seasons. He can handle either forward spot and he figures to get plenty of open looks alongside Paul and Victor Wembanyama. Barnes averaged 12.2 points, 3.0 rebounds and 1.2 assists last season with .474/.387/.801 shooting stats.

The Spurs will use their cap space to absorb Barnes’ $18MM salary for the upcoming season, Wojnarowski and Tim Bontemps write in a full story on the trade. Barnes will make $19MM in 2025/26 before becoming an unrestricted free agent.

Barnes’ contract includes a $3.7MM trade kicker that Sacramento will be responsible for, Marks adds (Twitter link), broken up into $1.85MM for each of the next two seasons. That number could be negotiated down, but only with Barnes’ consent.

Bulls Tried To Trade LaVine To Kings

July 7th, 2024 at 8:47pm CST by Dana Gauruder

The Bulls and Kings worked out a three-team deal in which DeMar DeRozan will head to Sacramento in a sign-and-trade. Chicago attempted to trade another starter to the Kings before the DeRozan deal materialized, according to K.C. Johnson of NBC Sports Chicago. The two teams held trade talks centered on Zach LaVine. The Bulls will continue their efforts to trade LaVine and they now have two second-round picks coming in the DeRozan deal to help facilitate a potential trade.

Kings To Acquire DeMar DeRozan In Three-Team Trade

July 6th, 2024 at 9:26pm CST by Arthur Hill

DeMar DeRozan is headed from the Bulls to the Kings in a three-team deal that also includes the Spurs, sources tell ESPN’s Adrian Wojnarowski (Twitter link). San Antonio will receive Harrison Barnes, while Chicago will get Chris Duarte, two second-round picks and cash. In addition, the Spurs will get an unprotected pick swap from Sacramento in 2031.

The deal is a sign-and-trade for DeRozan, who ranked sixth on our list of the top 50 free agents for this summer. His new contract will be worth approximately $76MM over three years, according to Chris Haynes of TNT and Bleacher Report (Twitter link), who adds that the first two seasons are fully guaranteed with a partial guarantee for the final year.

The contract includes $49MM in guaranteed money over the first two seasons, per Sean Cunningham of FOX 40 Sacramento (Twitter link). It also features bonuses for being named an All-Star, tweets ESPN’s Bobby Marks.

The trade leaves the Kings hard capped at the $178.1MM first apron, per cap expert Yossi Gozlan (Twitter link). They’re about $5.8MM beneath the $170.8MM luxury tax with 12 players under contract. Gozlan points out that Sacramento can add two more players to its roster without going into tax territory, but using most of its remaining $12.8MM non-taxpayer mid-level exception will push the team over the threshold.

Sacramento will also create a $5.9MM trade exception in the deal, Gozlan adds.

The Kings were heavily pursing DeRozan, who traveled to Sacramento for a meeting today with team officials. The 34-year-old forward was extremely productive during his three seasons in Chicago, averaging 25.5 points, 4.7 rebounds and 5.1 assists and finishing near the top in the Clutch Player of the Year balloting the past two seasons.

The six-time All-Star will now team with De’Aaron Fox, Domantas Sabonis, Malik Monk and Keegan Murray on what should be one of the league’s most exciting offenses. The Kings will be counting on that group to lead them back to the playoffs after being eliminated in the play-in tournament last season.

Parting with DeRozan is the latest step in an offseason roster shakeup in Chicago, which has already traded Alex Caruso and lost Andre Drummond in free agency. The Bulls are shifting to a younger and less expensive roster in hopes of eventually rebuilding into a more competitive team.

Duarte, a 27-year-old swingman with three years of NBA experience, is the latest addition, but it’s uncertain how large his role will be. He appeared in 59 games with Sacramento last season, but averaged just 3.9 points and 1.8 rebounds in 12.2 minutes per night. Duarte is under contract for one more season at $5.9MM and is eligible for an extension through October 21. Chicago will create a $17.6MM trade exception in the deal, according to Bobby Marks of ESPN (Twitter link).

Barnes joins Chris Paul as veteran offseason additions in San Antonio. The 32-year-old is extremely durable, playing in all 82 games the past two seasons. He can handle either forward spot and he figures to get plenty of open looks alongside Paul and Victor Wembanyama. Barnes averaged 12.2 points, 3.0 rebounds and 1.2 assists last season with .474/.387/.801 shooting stats.

The Spurs will use their cap space to absorb Barnes’ $18MM salary for the upcoming season, Wojnarowski and Tim Bontemps write in a full story on the trade. Barnes will make $19MM in 2025/26 before becoming an unrestricted free agent.

Barnes’s contract includes a $3.7MM trade kicker that Sacramento will be responsible for, Marks adds (Twitter link), broken up into $1.85MM for each of the next two seasons. That number could be negotiated down, but only with Barnes’ consent.

San Antonio will likely need to make one or two minor cost-cutting moves (they have Charles Bassey and Julian Champagnie on non-guaranteed contracts) in order to accommodate both Barnes and Paul.

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.