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Washington, Williams, Thybulle Among RFAs Still Available

July 4th, 2023 at 1:00pm CST by Luke Adams

Of the eight free players on our list of top 50 free agents who have yet to reach new deals, five are restricted free agents. Those five restricted free agents are also the only ones still available at all (not including those coming off on two-way deals). Those players are as follows:

P.J. Washington (Hornets)
Grant Williams (Celtics)
Matisse Thybulle (Trail Blazers)
Ayo Dosunmu (Bulls)
Paul Reed (Sixers)

While I’m sure these five players would’ve preferred to agree to lucrative new contracts in the opening hours of free agency, it’s not necessarily an ominous sign that they’ve yet to line up new deals four days later. It can sometimes take a little longer for the market for restricted free agents to develop, but it doesn’t mean they won’t get paid.

A year ago, for instance, Deandre Ayton didn’t sign his maximum-salary offer sheet with the Pacers (which was quickly matched by the Suns) until July 14, two weeks after the start of free agency. Collin Sexton, who received a four-year, $71MM in a sign-and-trade deal that sent him to Utah as part of the Donovan Mitchell blockbuster, didn’t resolve his restricted free agency until September.

The same thing happens with a few restricted free agents just about every year. In 2021, RFAs like Josh Hart (three years, $38MM) and Lauri Markkanen (four years, $67MM) took multiple weeks to reach new contract agreements.

In other words, there’s still plenty of time for Washington, Williams, Thybulle, Dosunmu, and Reed to find deals they like.

Washington, Williams, and Thybulle, in particular, seem like good bets to cash in sooner or later. A report over the weekend indicated that Washington was drawing interest from multiple teams besides the Hornets. Williams has reportedly received interest from Charlotte and Dallas, with the Mavericks also said to be keeping an eye on Thybulle.

It would be a surprise if any of them had to settle for a below-market deal. It sounds like teams are still in the process of figuring out if an offer sheet will be an exercise in futility or if there’s a legitimate chance to pry away one of those players from his current club — and if so, what the price point would be.

There hasn’t been as much chatter about Dosunmu or Reed, but there haven’t been any red flags on either front. Their qualifying offers ($5.2MM for Dosunmu; $2.3MM for Reed) remain in place as one-year fallback options.

The Spurs are the one team that still has enough cap room to make a strong play for any of those top RFAs, if they so choose. The Rockets may also be able to offer more than the full mid-level, depending on how all their moves shake out, and teams below the tax apron are free to try to negotiate sign-and-trades.

It has become pretty rare for restricted free agents to change teams via offer sheets, but sign-and-trade deals aren’t uncommon — they get the player to his preferred landing spot while ensuring that his old team picks up an asset or two.

There are still several unrestricted free agents whose landing spots will be worth watching too, including Christian Wood, Kelly Oubre, Hamidou Diallo, Jaylen Nowell, and Dario Saric. But at this point in free agency, it’s the RFA market that looks more intriguing.

Central Notes: Pistons, Cavs, Pacers, Craig

July 4th, 2023 at 10:16am CST by Luke Adams

The Pistons didn’t have the “loud and exciting” free agency that some fans were anticipating, but they’ve added veteran depth to their young roster, according to James L. Edwards of The Athletic, who notes that former lottery picks like Marvin Bagley III, James Wiseman, and Killian Hayes project to be low enough on the depth chart that they’ll have to earn their minutes.

Edwards does believe that all three of Bagley, Wiseman, and Hayes are candidates to be traded before or during the 2023/24 season. While more established veterans like Bojan Bogdanovic or Alec Burks could theoretically be moved too, none of the public statements made by general manager Troy Weaver about the team’s roster suggests that’s in the cards at this point, Edwards writes.

Here’s more from around the Central:

The Cavaliers‘ 2023 offseason hasn’t been as splashy as in 2022, when the club acquired Donovan Mitchell. However, the team has accomplished virtually everything it set out to do by lining up deals to add a starting-caliber wing (Max Strus), a frontcourt shooter (Georges Niang), and a reserve center (Damian Jones), says Chris Fedor of Cleveland.com. The club also re-signed its own top free agent, Caris LeVert, and will bring in a player Koby Altman has targeted in the past: Ty Jerome. Cleveland tried to sign Jerome to a two-way contract a year ago, per Fedor, but he joined Golden State instead.
The Cavaliers announced minor some changes within their front office, having promoted Brendon Yu to be the team’s director of scouting. Yu previously held the position of Cleveland Charge general manager, a role that will be taken over by Liron Fanan, the first female G League GM in team history.
Some of the top forwards on the free agent market – including Harrison Barnes and Kyle Kuzma – may have used the Pacers‘ interest as leverage to get better deals with their own teams, notes Dustin Dopirak of The Indianapolis Star. Still, even if it wasn’t Indiana’s Plan A in free agency, Bruce Brown and Obi Toppin represent solid additions who won’t necessarily compromise the team’s financial flexibility beyond 2023/24, as Dopirak details.
Besides being able to play both forward spots and defend multiple positions, Torrey Craig will also bring some much-needed shooting to the Bulls, writes Darnell Mayberry of The Athletic. As Mayberry observes, Chicago has ranked dead last in the NBA in each of the two seasons. Craig, who agreed to a two-year deal with the team, made a career-best 39.5% of his attempts from beyond the arc last season.

Bulls Apply For Disabled Player Exception

July 2nd, 2023 at 3:42pm CST by Rory Maher

The Bulls have applied for a disabled player exception due to Lonzo Ball‘s knee injury, which is expected to sideline him for the entire 2023/24 season, tweets Shams Charania of The Athletic.

Chicago confirmed the news (Twitter link via K.C. Johnson of NBC Sports Chicago). VP of basketball operations Arturas Karnisovas previously stated the team didn’t expect Ball to play next season.

Ball underwent a third left knee surgery in March — a cartilage transplant — after two previous surgeries were unable to clear up persistent discomfort when he tried to ramp up his on-court activities. The 25-year-old has been sidelined since January 14, 2022, when he originally tore his meniscus.

A disabled player exception grants an over-the-cap team some extra spending power when it loses a player to an injury deemed more likely than not to sideline him through at least June 15, 2024.

The exception is worth either half the injured player’s salary or the value of the mid-level exception, whichever is lesser. In this case, Ball’s ’23/24 salary is $20.46MM, so Chicago’s DPE would be worth $10.23MM if the NBA grants the request.

As we explain in our glossary entry, the disabled player exception can be used to sign a free agent, to claim a player off waivers, or to acquire a player in a trade. The exception can only be used on a single player and can only accommodate a player on a one-year deal. A free agent signee can’t get a multiyear contract, and any trade or waiver target must be in the final year of his contract.

Although the disabled player exception gives a team extra cap flexibility, it doesn’t open up an extra spot on the 15-man roster. The club must have a roster spot available to use the DPE to add a player.

Ball holds a $21.4MM player option for ’24/25, the final year of his contract.

Jevon Carter Signs Three-Year Deal With Bulls

June 30th, 2023 at 5:49pm CST by Dana Gauruder

JULY 10: The signing is official, according to a team press release.

JUNE 30: Guard Jevon Carter is joining the Bulls on a three-year deal, ESPN’s Adrian Wojnarowski tweets. The Bulls are using a portion of their $12.4MM mid-level exception to secure Carter’s services.

Woj says the deal is worth $20MM, while Chris Haynes of TNT and Bleacher Report say it’s around $19MM (Twitter link), so there may be incentives within the deal. Chicago is now projected to be $9MM below the luxury tax and are hard-capped, ESPN’s Bobby Marks tweets. The Bulls are also $15MM below the first tax apron.

Carter is coming off a career year in which he appeared in all but one of Milwaukee’s regular-season games. The defensive-minded Carter started 39 of those games. Overall, he averaged 8.0 points, 2.5 rebounds and 2.4 assists.

Carter entered the free agent market by declining his $2.24MM option. Financially, it was obviously the right move for Carter, who now joins a seemingly crowded Bulls backcourt, depending on their other moves this offseason. Chicago has also reached an agreement with its own free agent guard, Coby White.

Bulls Re-Sign Coby White To Three-Year Deal

June 30th, 2023 at 5:20pm CST by Rory Maher

July 7: White’s deal is now official, the Bulls announced in a press release.

June 30: Restricted free agent guard Coby White is re-signing with the Bulls, agreeing to a three-year, $33MM contract, sources tell Shams Charania of The Athletic (Twitter link).

ESPN’s Adrian Wojnarowski reports (via Twitter) the deal is worth $40MM, with K.C. Johnson of NBC Sports Chicago clarifying (Twitter link) that it could “potentially” be worth $40MM. That implies there will be incentives in the contract that could increase the value.

Jake Fischer of Yahoo Sports was first to report that White was likely to return to Chicago on a three-year deal worth north of $30MM. Chicago made White a restricted free agent on Wednesday by extending him a $7,744,600 qualifying offer.

White is entering his fifth NBA season after being drafted by the Bulls with the No. 7 overall pick in 2019. He appeared in 74 games (two starts) last season, averaging 9.7 PPG, 2.8 RPG and 2.7 APG with a .443/.372/.871 shooting line in 23.4 MPG.

Several of those counting stats from ’22/23 represented career lows for White. However, he’s only 23 years old and improved in key developmental areas last season, including defense, ball-handling, decision-making and passing.

White figures to receive regular minutes again in ’23/24 with Lonzo Ball‘s status very much up in the air. Ball unfortunately had a third knee surgery that may sideline him all of next season — if not indefinitely.

Free Agent Rumors: Lopez, Rockets, DiVincenzo, Warriors, Saric, Mavs, Gordon, FVV, More

June 30th, 2023 at 3:46pm CST by Dana Gauruder

Bucks center Brook Lopez is expected to be offered a two-year contract worth approximately $40MM from the Rockets, Jake Fischer of Yahoo Sports reports.

Houston, which has the most cap space this summer, has a meeting lined up with Lopez. The veteran center’s free agent decision is expected to come down to remaining in Milwaukee or joining the Rockets. The Rockets have a 20-year-old center in Alperen Sengun, a 2021 first-rounder, but Lopez could serve as a mentor to Houston’s youthful big men while stabilizing its defense and stretching the floor offensively.

We have more free agent news:

Warriors guard Donte DiVincenzo has four meetings lined up on Friday and Saturday, Steve Popper of Newsday tweets. DiVincenzo entered the market when he declined his $4.7MM option. The Knicks, Timberwolves, Pelicans, Pistons, Rockets, Magic, and Bulls have all been mentioned as potential pursuers for DiVincenzo, who could command the full $12.4MM non-taxpayer mid-level exception. The Warriors can only offer a four-year, $23.2MM deal due to cap restrictions since they only held his Non-Bird rights.
The Warriors are likely to land unrestricted free agent Dario Saric, according to Monte Poole of NBC Sports Bay Area (Twitter link). Golden State is looking for a stretch four with a high basketball IQ and solid all-around skills. The 29-year-old Saric would also fit the team’s win-now approach. Saric, who tore his ACL during the 2021 playoffs, appeared in a total of 57 regular-season games with the Suns and Thunder this past season. The Warriors are generally seeking to sign swingmen and frontcourt players who shoot well on veteran’s minimum contracts, ESPN’s Marc J. Spears tweets.
Celtics restricted free agent Grant Williams will likely have to be patient to find an interested bidder, according to Fischer. Though the Celtics have acquired Kristaps Porzingis, it’s not out of the question Boston could match an offer sheet for Williams, who reportedly will have difficulty finding an offer above the non-taypayer mid-level exception.
The Mavericks has been linked to various wings and forwards, including Williams, Jae Crowder, Eric Gordon, and Malik Beasley, Fischer adds. League executives who have spoken to Yahoo Sports believe Gordon, who will enter the market after the Clippers decided not to guarantee his contract, could command the full mid-level or close to it.
Raptors guard Fred VanVleet is meeting with Toronto’s brass at the start of free agency and there’s optimism within the organization they can keep him in the fold, Michael Grange of Sportsnet.ca tweets. According to Grange, a four-year deal averaging $30MM might be enough to convince VanVleet, who declined a $22.8MM option in order to enter free agency, to re-sign.

Western FA Rumors: D-Lo, Lakers, H. Jones, Suns, Warriors

June 30th, 2023 at 2:27pm CST by Luke Adams

There are “strong” indications that the Lakers are trending toward a new two-year deal with free agent point guard D’Angelo Russell, reports Jake Fischer of Yahoo Sports. According to Fischer, that two-year contract could be worth in the neighborhood of $40MM in total, though the second season may be a team option or non-guaranteed.

While the Lakers have interest in re-signing both Dennis Schröder and Lonnie Walker, it’s unclear which one the club is prioritizing, Fischer writes. Schröder will likely require a raise that exceeds the Non-Bird exception, so if Los Angeles uses its mid-level exception on an outside free agent, the team may have to allot its bi-annual exception to him, Fischer explains. In that scenario, it’s unclear whether the team would have enough room to re-sign Walker to a market-value deal as well while remaining below a hard cap.

Another potential path would see L.A. splits its mid-level between Schröder and a frontcourt player such as Mason Plumlee, sources tell Yahoo Sports. If Schröder doesn’t end up back with the Lakers, a reunion with Bulls coach Billy Donovan in Chicago is possible, Fischer writes. Donovan previously coached the point guard in Oklahoma City.

Finally, Fischer is one of a handful of reporters who have linked free agent forward Cam Reddish to Los Angeles. The Lakers were said to have some trade interest in Reddish – a Klutch Sports client – during each of the past two seasons. He’d be a minimum-salary target, Fischer notes.

Here are a few more free agency rumors from around the Western Conference:

Two forwards who had their team options declined by the Pelicans on Thursday figure to take very different paths this summer. According to Fischer, Herbert Jones will likely end up back in New Orleans on a four-year deal worth a little more than $50MM, which would presumably be his Early Bird maximum. Willy Hernangomez, on the other hand, is considered a good bet to accept a lucrative offer from a EuroLeague team rather than seeking another minimum-salary NBA deal, Fischer reports.
The Suns intend to bring back several of their own free agents, including Torrey Craig, Damion Lee, Jock Landale, and Josh Okogie, according to Fischer, who says agent big man Drew Eubanks is another strong candidate to end up in Phoenix. Fischer is also the latest reporter to link Yuta Watanabe and Mike James to the Suns.
The Lakers and Warriors are among the teams eyeing free agent guard Shake Milton, per Fischer. Free agent forward Dario Saric has also received “strong” interest from Golden State, sources tell Yahoo Sports.

Coby White Likely To Re-Sign With Bulls

June 30th, 2023 at 2:23pm CST by Dana Gauruder

Restricted free agent Coby White is considered likely to re-sign with the Bulls on a three-year deal, Jake Fischer of Yahoo Sports reports. The contract is expected to be worth more than $30MM, according to Fischer.

Chicago made White a restricted free agent by extending him a $7,744,600 qualifying offer on Wednesday.

White is entering his fifth season in the NBA after being drafted by the Bulls with the No. 7 overall pick in 2019. While he hasn’t lived up to his draft status, White has been a regular part of the Bulls’ rotation in his four pro seasons.

White saw action in a career-high 74 games (two starts) last season. He averaged a career-low 9.7 points, 2.9 rebounds and 2.8 assists in 23.4 minutes per game. Overall, he’s appeared in 269 career regular-season games, averaging 12.6 points, 3.4 rebounds and 3.3 assists.

The combo guard figures to retain at least a second-unit spot, given Lonzo Ball‘s ongoing knee issues. The Bulls are interested in re-signing unrestricted free agent Patrick Beverley, who jumped into the starting lineup after being signed on the buyout market last season.

However, Beverley has another potential suitor in the Celtics, according to Fischer. Boston traded away Marcus Smart to Memphis in the Kristaps Porzingis three-team blockbuster and the Clippers have reportedly shown renewed interest in Malcolm Brogdon.

Beverley joined the Bulls last season after he was bought out by Orlando and started 22 games. He was dealt by the Lakers in a four-team swap at the trade deadline.

Trade Rumors: Harden, Bulls, Zubac, Brogdon, Osman, Morris

June 30th, 2023 at 2:16pm CST by Arthur Hill

There’s no urgency for the Sixers to complete a James Harden trade, ESPN’s Adrian Wojnarowski said Friday in an appearance on “Get Up” (video link). Even though Harden has asked to be dealt and seems to prefer the Clippers, Wojnarowski notes that the track record of president of basketball operations Daryl Morey suggests he’ll explore all available possibilities before committing to a deal.

“You may let free agency settle,” Wojnarowski said, “see where players land, see where needs arise for different teams that might not be interested today but could be in a few days. I don’t anticipate necessarily that this is going to be quick because it doesn’t have to.”

Andrew Greif of The Los Angeles Times also hears that a Harden trade may not happen right away. He cites league sources who said they’ll be watching how patient the Sixers decide to be and what they’ll be seeking in return. Greif names Terance Mann as a player the Clippers might be reluctant to include in a Harden deal.

There are more trade rumors to pass along:

The Bulls may be an option for Harden, sources tell Jake Fischer of Yahoo Sports. Chicago has already explored trade scenarios regarding Zach LaVine and might be willing to part with DeMar DeRozan to acquire Harden. Fischer also cautions that Morey has a lot of options to consider before deciding how to handle Harden’s trade request.
The Clippers, who would like to re-sign Mason Plumlee have let teams know that Ivica Zubac is available in a trade, Fischer adds. L.A. may also have interest in acquiring P.J. Tucker in a Harden deal, as Fischer notes that the Clippers previously reached out to him when he was a free agent.
The Clippers pulled out of an original version of the three-team Kristaps Porzingis trade because of medical concerns regarding Malcolm Brogdon, but they recently contacted the Celtics about Brogdon again, according to Fischer. L.A. was also willing to offer Norman Powell to the Wizards for Chris Paul before the Warriors landed him in exchange for Jordan Poole, Fischer states.
Fischer hears that the Cavaliers are engaged in trade talks regarding Cedi Osman and offered him to the Nets in a deal for Dorian Finney-Smith or Royce O’Neale.
Numerous teams have reached out to the Wizards about point guard Monte Morris, Fischer adds. The Timberwolves, Bulls, Pelicans, Jazz and Nets are all considered possibilities for Morris, and Fischer believes the Heat could be added to the list if they lose Gabe Vincent in free agency.

Stein’s Latest: Mavs, D. Powell, VanVleet, Schröder, D. Hall

June 30th, 2023 at 11:00am CST by Luke Adams

The Mavericks “fully intend” to re-sign center Dwight Powell in free agency, Marc Stein reports in his latest rumor round-up at Substack. According to Stein, the Cavaliers and Rockets are also expected to show interest in Powell once he hits the open market, but the Mavs value him both on and off the court and are confident about their chances to retain him.

With Powell, Richaun Holmes, and lottery pick Dereck Lively II expected to be in the mix at center in Dallas, it didn’t make sense for Andre Drummond to turn down his player option with the Bulls in the hopes of signing with the Mavericks, Stein explains, following up on a previous rumor. If the Mavs had been able to trade Holmes, it might’ve been a different story, but Drummond opted for the guaranteed money and a clearer path to rotation minutes in Chicago.

Here’s more from Stein:

Fred VanVleet‘s current plan is to meet with both the Raptors and Rockets in person in Los Angeles when free agency opens on Friday, Stein tweets, reiterating in today’s article that Houston looks like a serious threat to sign the point guard away from Toronto.
The Lakers are “eager” to bring back point guard Dennis Schröder and would like to give him a raise, but will have a limited ability to do so with his Non-Bird rights. Echoing ESPN’s Dave McMenamin, Stein says there’s a scenario in which Los Angeles commits a portion of its mid-level exception to Schröder and uses the rest on another player.
Former NBA big man Donta Hall, who is in the midst of a multiyear contract with AS Monaco in Europe, has an NBA opt-out in his deal and is attracting some interest from teams stateside, according to Stein, who names the Grizzlies and Trail Blazers as a couple of the clubs eyeing Hall.
One Western Conference front office executive was surprised by how many potential free agents exercised their player options. “I’ve never seen this many good players opt in,” the executive told Stein.