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Free Agency Rumors: DeRozan, Bulls, Wizards, McLaughlin, Rose, Heat

August 3rd, 2021 at 1:27pm CST by Luke Adams

A sign-and-trade deal that sends DeMar DeRozan to the Bulls remains a possibility for the veteran free agent wing, league sources tell Marc Stein (Twitter link). Chicago has previously been mentioned as a possible suitor for DeRozan, and Stein’s report suggests the team remains interested even after reaching agreements with Lonzo Ball and Alex Caruso.

A Monday report from Brian Windhorst of ESPN suggested that a double sign-and-trade sending DeRozan to the Bulls and Lauri Markkanen to the Spurs could be one possibility that the two sides would explore. Chicago also expiring contracts belonging to Thaddeus Young ($14.19MM) and Al-Farouq Aminu ($10.18MM), both of which would theoretically make for good salary-matching pieces.

Here are a few more rumors related to free agency:

As Spencer Dinwiddie and the Wizards continue to work toward a possible agreement that would land the point guard in D.C., Jake Fischer of Bleacher Report says (via Twitter) that Washington has begun exploring the possibility of trading Chandler Hutchison and a second-round pick as part of a potential sign-and-trade deal for Dinwiddie.
Jordan McLaughlin and his camp are optimistic about reaching a new multiyear contract agreement with the Timberwolves, according to Chris Hine of The Star Tribune (Twitter link). McLaughlin, a restricted free agent, met face-to-face with the Wolves when free agency opened on Monday, tweets Darren Wolfson of 5 Eyewitness News.
The Knicks are expected to re-sign Derrick Rose using his Early Bird rights, which means they can keep his smaller cap hold on their books for now and then eventually go over the cap to complete his deal, tweets Steve Popper of Newsday. Popper estimates that New York could still have upwards of $9MM in cap room to work with, or even more if the team waives Luca Vildoza‘s non-guaranteed salary.
The Heat had interest in Rudy Gay, but weren’t going to match Utah’s two-year, $12MM offer, preferring to commit most of their mid-level to a strong defensive player in P.J. Tucker, tweets Barry Jackson of The Miami Herald.

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).

Free Agency Notes: Fournier, Knicks, Dinwiddie, Wolves, Markkanen

August 3rd, 2021 at 9:38am CST by Luke Adams

Veteran swingman Evan Fournier agreed to a four-year deal with the Knicks on the first day of free agency on Monday, but that hadn’t necessarily been his plan entering the summer. Fournier tells Gary Washburn of The Boston Globe that he had initially hoped to stick with the Celtics.

“That was my priority going into the summer,” Fournier said. “Because I knew the place. I talked to (Celtics president of basketball operations) Brad (Stevens) and we couldn’t get a deal done, obviously. But I had my options. It wasn’t necessarily Boston only, but I was more inclined to sign there because they traded for me and I felt good while I was there. That’s the thing with free agency. It can go both ways.”

While working out a new deal with Boston was his top priority entering free agency, Fournier is happy to land with the Knicks.

“New York has been on my radar for a while now,” he said. “I’ve always said the Knicks are the Knicks. And I’m honestly extremely happy I’ll be there next year.”

Here are a few more notes related to free agency:

Although the Knicks are short on cap space, they’re still exploring the possibility of adding another point guard either in a trade or using their $4.9MM room exception, sources tell Marc Berman of The New York Post.
The Knicks never made a formal contract offer to free agent point guard Spencer Dinwiddie, who was believed to be one of their potential targets, tweets Stefan Bondy of The New York Daily News. Dinwiddie appears likely to end up with Washington.
The Timberwolves have been in contact with Bulls restricted free agent forward Lauri Markkanen, tweets Darren Wolfson of 5 Eyewitness News. Minnesota doesn’t have a ton of cap flexibility, so figuring out a way to land Markkanen would be a challenge.

Young, Satoransky, Brunson Receive Salary Guarantees

August 3rd, 2021 at 12:22am CST by Arthur Hill

Bulls forward Thaddeus Young ($14.2MM) and guard Tomas Satoransky ($10MM) both saw their contracts for next season become fully guaranteed on Monday, tweets Bobby Marks of ESPN. Satoransky is reportedly on the way to the Pelicans as part of a sign-and-trade involving Lonzo Ball.

Also having his salary guaranteed Monday was Mavericks guard Jalen Brunson ($1.8MM), Marks adds (via Twitter). Marks identifies Brunson as a potential extension candidate.

All three players will be in line for unrestricted free agency next summer.

Free Agency Rumors: Oubre, Mills, Dinwiddie, Carmelo, More

August 2nd, 2021 at 10:38pm CST by Alex Kirschenbaum

Free agent swingman Kelly Oubre received interest from the Heat after free agency began, but didn’t set a meeting with Miami because he is hoping to net a contract “well above” the mid-level exception, according to Barry Jackson of the Miami Herald (via Twitter).

Now that Miami has committed to using most of its mid-level exception on P.J. Tucker, Oubre is almost certainly off the table for the Heat, even if his asking price drops.

Here are more free agency rumors from around the NBA world:

Free agent sharpshooting combo guard Patty Mills has received interest from the Lakers and Nets, per Marc Stein of Substack (via Twitter). Anthony Slater of The Athletic adds (Twitter link) that the Warriors could also pursue Mills and posits that he may fetch a deal that within range of the taxpayer mid-level. Jordan Schultz of ESPN tweets that the Nets are apparently a distant third in the sweepstakes to sign Mills.
Jordan Schultz of ESPN reports (Twitter link) that free agent point guard Spencer Dinwiddie appears unlikely to sign with the Mavericks.
37-year-old free agent forward Carmelo Anthony continues to weigh interest from the Lakers and Knicks, according to Marc Stein (Twitter link).
Before Alex Caruso finalized his four-year agreement with the Bulls, Caruso’s camp checked back in with the Lakers and was told L.A. wouldn’t be putting a counter-offer on the table, a source with knowledge of the situation tells Sam Amick of The Athletic.
Newly re-signed Nuggets reserve power forward JaMychal Green fielded richer offers in free agency than the two-year, $17MM contract he ultimately signed to remain in Denver, according to Mike Singer of the Denver Post. Singer says the Pelicans, Timberwolves, and Spurs were the other teams most interested in Green.

Luke Adams contributed to this report.

Bulls Sign Alex Caruso To Four-Year Deal

August 2nd, 2021 at 7:20pm CST by Dana Gauruder

AUGUST 10: The Bulls have officially signed Caruso, according to the transactions log at NBA.com.

AUGUST 2: The Bulls have agreed to a four-year, $37MM deal with free agent guard Alex Caruso agent Greg Lawrence tells Adrian Wojnarowski of ESPN (Twitter link). Based on the terms of the agreement, it sounds like the team will use most of its mid-level exception on Caruso.

The unrestricted Lakers free agent will provide a defensive presence in Chicago’s restructured backcourt.

The Bulls agreed to a sign-and-trade with the Pelicans to acquire starting point guard Lonzo Ball and Caruso will likely be the primary backup, though he could also get some minutes at shooting guard. He has made 37.7% of his 3-point attempts during his career.

Caruso has been a rotation player for much of the last two seasons. He averaged 6.4 PPG, 2.9 RPG, 2.8 APG and 1.1 SPG in 21.0 MPG this past season.

Free Agency Rumors: Bulls, Galloway, Bullock, Caruso, Dinwiddie, Theis

August 2nd, 2021 at 4:54pm CST by Alex Kirschenbaum

The Bulls appear to be aware that they need to upgrade their playmaking. Brian Windhorst of ESPN reports (Twitter video link) that Chicago could be looking to add Pelicans guard Lonzo Ball and Spurs guard DeMar DeRozan to their roster.

Windhorst notes that the Bulls may be able to extract Ball from the Pelicans in a sign-and-trade deal, provided the Pelicans can add a point guard replacement for Ball either in the trade or elsewhere. The notion of DeRozan joining the Chicago backcourt as well is intriguing. “From what I am told, [the Bulls] are also interested in DeMar DeRozan, and are interested in pulling off a possible double sign-and-trade where they would send [Chicago’s restricted free agent power forward] Lauri Markkanen to San Antonio,” Windhorst said in an ESPN segment.

Here are more free agency rumors from around the NBA, with the official start of the signing season just moments away:

After averaging a career-low 4.8 PPG in a career-low 40 games as essentially a part-time player for the eventual 2021 championship runner-up Suns, Langston Galloway appears ready to move on. “I was on a team that made it to the finals, but my biggest thing is getting an opportunity to play,” Galloway told Michael Scotto of HoopsHype. “Being on a team like that, I learned a lot, and all I need is someone that’s going to believe in me. That’s going to go a long way, and it’s going to pay dividends for whatever team I get the chance to play for next year.”
Free agent Knicks shooting guard Reggie Bullock may have suitors offering him new deals in the range of a three-year mid-level contract, tweets Marc Berman of the New York Post. The Knicks still hope to bring Bullock back. Berman adds that the Knicks are also rumored to have interest in free agent shooting guard Evan Fournier, and if they were to add him and Bullock, the incumbent Bullock would be demoted to the New York bench.
Unrestricted free agent Lakers reserve point guard Alex Caruso will speak with several clubs and is intent on picking a free agent destination expediently, writes Marks Medina of USA Today (Twitter link). Medina writes that the Lakers, who hold Caruso’s Bird rights, could look to retain him, especially since he could provide their suddenly top-heavy roster with some much-needed shooting and defense in the backcourt.
Nets point guard Spencer Dinwiddie apparently will decide between the Pelicans, Knicks and Wizards, though the Celtics could also a candidate, reports Jordan Schultz of ESPN (Twitter link). Sources inform Schultz that the Pelicans at least are prepared to offer Dinwiddie a long-term deal that could pay $20MM or more annually. Shams Charania reports (Twitter video link) that Dinwiddie will meet with the Wizards at the start of free agency. “They have made him an ultimate target early in this free agency process,” Charania said.
Free agent Bulls center/power forward Daniel Theis could be a target for several clubs looking for a big man upgrade, writes Michael Scotto of HoopsHype. Scotto lists teams like the Rockets, Spurs, Raptors, Pistons and the playoff-contending Heat as candidates for Theis this summer.

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.

Hollinger’s Latest: CP3, Knicks, Fournier, Bulls, Rose, Pacers, More

August 2nd, 2021 at 10:28am CST by Luke Adams

There was talk last week that the Pelicans would be a serious suitor for Chris Paul in free agency, but that chatter seems to have faded, according to John Hollinger of The Athletic, who says the veteran point guard is now widely expected to re-sign with the Suns.

As Hollinger explains, he heard the Suns’ initial offer to Paul when the two sides were discussing a possible extension was somewhat “underwhelming,” but the club now appears prepared to offer a more serious package. No one around the league will be surprised if the total value of Paul’s new deal gets up to $100MM or more, Hollinger adds.

Here are several more free agent rumors from Hollinger:

Amidst rumors that Evan Fournier‘s price tag may be too high for the Celtics‘ liking, Hollinger suggests that the Knicks may be the team preparing to make an aggressive offer to the free agent wing. Hollinger adds that it’s worth keeping an eye on Mitchell Robinson and the Knicks, since a renegotiate-and-extend deal is a possibility for the two sides. That sort of agreement would give Robinson a raise for 2021/22 and lock him up for multiple seasons.
If the Bulls don’t land Lonzo Ball, one of their backup plans may be offering Derrick Rose a deal in the neighborhood of $12MM per year, says Hollinger.
Hollinger’s sources expect T.J. McConnell to stick with the Pacers for a deal worth around – or slightly above – the taxpayer mid-level exception ($5.9MM), but the competition for Doug McDermott will be fiercer and Indiana will face tax issues if the team wants to re-sign both players without trimming salary elsewhere.
If Richaun Holmes‘ presumed suitors – such as Charlotte and Toronto – end up using their cap room in other ways, he might be squeezed in free agency, allowing the Kings to re-sign him despite only holding his Early Bird rights. If that scenario plays out, Hollinger expects Holmes to sign a two-year deal with a player option so that he can hit the open market again in 2022 with full Bird rights.
There hasn’t been much free agent chatter surrounding Nuggets guard Will Barton or Trail Blazers Norman Powell, according to Hollinger, who writes that teams seems to be assuming those two players will remain with their respective clubs.
It has been tricky to figure out what the Spurs plan to do with their projected cap room, says Hollinger. Daniel Theis is the most prominent free agent target Hollinger has heard linked to San Antonio.