Mavericks Rumors

Magic Guaranteeing Caleb Houstan’s 2024/25 Salary

The Magic are guaranteeing Caleb Houstan‘s $2.02MM salary for the 2024/25 season, according to Jason Beede of The Orlando Sentinel (subscription required).

Houstan’s contract included a salary guarantee deadline of June 30, meaning Orlando had to waive him on Sunday in order to avoid locking in his minimum salary. However, the decision to guarantee that money was long expected and had been accounted for in the club’s cap room projections for the summer, Beede writes.

Houston, 21, was the 32nd overall pick in the 2022 draft. He has played a modest role off Orlando’s bench in his first two NBA seasons, averaging 4.1 points and 1.7 rebounds in 14.8 minutes per game across 110 total regular season appearances (17 starts).

The 6’8″ forward shoots almost exclusively from beyond the arc – he attempted 193 three-pointers and just 13 two-pointers in 2023/24 – and bumped his three-point percentage to 37.3% on 3.3 attempts per game in his second NBA season.

Houstan’s contract includes a $2.19MM team option for the 2025/26 season.

Four other players besides Houstan had June 30 salary guarantee dates in their contracts, as our tracker shows. Chris Paul (Warriors) and Troy Brown (Pistons) were waived prior to the deadline, while Alex Caruso (Thunder) was assured of his full guaranteed following the trade to Oklahoma City. There has been no specific reporting on Jaden Hardy‘s guarantee, but it’s safe to assume the Mavericks will lock in the $2.02MM salary for the promising young guard.

[Update: Michael Scotto of HoopsHype has confirmed (via Twitter) that Hardy’s salary for 2024/25 is now guaranteed.]

Mavericks Sign Naji Marshall To Three-Year Deal

JULY 6: Marshall has officially signed with the Mavericks, the team announced today (via Twitter).


JUNE 30: The Mavericks are signing free agent wing Naji Marshall to a three-year, $27MM contract, reports Adrian Wojnarowski of ESPN (via Twitter).

A former undrafted free agent who played college ball at Xavier, Marshall has spent his entire four-year NBA career with New Orleans, initially starting out on a two-way contract. Known for his energy and tenacious defense, the 26-year-old had a career year from deep in 2023/24, converting 38.7% of his three-point looks, though it was on very low volume (2.3 attempts per game).

Notably, Marshall was one of the Pelicans’ top performers in their first-round loss to the Thunder, averaging 9.0 points and 2.8 rebounds while shooting 40% from long distance in 21.0 minutes per contest. He averaged 7.1 points and 3.6 rebounds in 19.0 minutes across 66 regular season appearances last season, almost entirely off the bench (he made one start).

It’s a huge raise for Marshall, who finished last season on a minimum-salary contract. A report last month indicated New Orleans didn’t expect Marshall back next season due to financial reasons.

Marshall was considered a fallback option for Dallas if the team was unable to re-sign starting forward Derrick Jones, whose free agency was complicated by the fact that he recently switched agents. Veteran reporter Marc Stein confirms the Mavs are preparing to move on from Jones, citing league sources who say the team is still focused on landing Klay Thompson in a sign-and-trade with Golden State (Twitter links).

ESPN’s Tim MacMahon says (via Twitter) the Mavs are using a significant portion of their non-taxpayer mid-level exception to sign Marshall. As ESPN’s Bobby Marks has noted, there’s an expectation that Dallas will use its bi-annual exception to acquire Quentin Grimes from Detroit, creating a trade exception worth Tim Hardaway Jr.‘s full outgoing salary (nearly $16.2MM). If a deal comes to fruition, Thompson’s contract would fit into that new TPE.

The 2024 offseason is the first time that the MLE and BAE can be used to acquire players in trades or waiver claims, not just to sign free agents.

The first tax apron for the 2024/25 league year ($178,132,000) will be the hard cap for any team that acquires a player via sign-and-trade, signs a player using more than the taxpayer portion of the mid-level exception, signs or acquires a player using a bi-annual exception, uses any portion of its mid-level exception to add a player via trade or waiver claim, acquires more than 100% of the outgoing salary in a trade, or uses a trade exception generated prior to the start of the 2024 offseason. The Mavs will meet several of those criteria, which means they cannot exceed the first apron salary threshold.

Marshall came in at No. 33 on our list of 2024’s top 50 free agents.

FA/Trade Rumors: Hartenstein, Ingram, Harris, A. Holiday

With free agency officially underway, sources tell Shams Charania of The Athletic and Stadium that the Thunder are meeting with UFA center Isaiah Hartenstein in his hometown of Eugene, Oregon (Twitter link).

According to Charania, the Magic — who just agreed to a three-year, $66MM deal with Kentavious Caldwell-Pope — are prioritizing wings with their cap room, while the Knicks are trying to figure out how to avoid being hard-capped at the first apron as part of the Mikal Bridges trade, possibly opening the door for Oklahoma City. Charania also lists the Jazz as a team with interest in Hartenstein, but Utah is “focused on current roster decisions.”

Hartenstein, 26, is the top center on the open market after Nic Claxton agreed to a four-year, $100MM deal to return to Brooklyn.

Here are a few more trade and free agency rumors from around the NBA:

  • Sean Cunningham of Fox40 KTXL confirms the Kings have interest in trading for Pelicans forward Brandon Ingram (Twitter link). As Cunningham observes, Ingram previously played under Alvin Gentry, who is now in a front office role with Sacramento. A one-time All-Star, Ingram will earn $36MM in 2024/25, which is the final year of his contract. New Orleans is reportedly unwilling to give the 26-year-old a maximum-salary extension, making Ingram a prime trade candidate.
  • The Pistons, Jazz, Spurs and Mavericks are among the teams interested in free agent forward Tobias Harris, who is meeting with potential suitors in California, a source tells Keith Pompey of The Philadelphia Inquirer. All four clubs have previously been linked to Harris, who has spent the past five-plus seasons with the 76ers. With no cap room available, Dallas would only be able to acquire Harris in a sign-and-trade, Pompey notes.
  • While the Rockets have interest in a reunion with veteran guard Aaron Holiday, they also recognize that he might find an opportunity for more minutes elsewhere, according to Kelly Iko of The Athletic. The 27-year-old has multiple suitors in free agency, Iko adds. It’s worth noting that Houston drafted Kentucky guard Reed Sheppard with the No. 3 overall pick last week.

Klay Thompson, Warriors Parting Ways

Veteran sharpshooter Klay Thompson is leaving the Warriors, the only franchise he’s known in his 13 NBA seasons, reports Shams Charania of The Athletic and Stadium (Twitter link).

According to Charania, the two sides are set to begin exploring sign-and-trade options for the five-time All-Star. Sources tell ESPN’s Adrian Wojnarowski that Thompson will talk to the Mavericks, Lakers, Clippers and Sixers with free agency officially underway (Twitter link).

The 11th pick of the 2011 draft, Thompson is one of the most accomplished shooters in league history, ranking sixth all-time in three-pointers made. The 34-year-old has knocked down 41.3% of his attempts from long distance over the course of his career.

The second “splash brother” next to Stephen Curry, Thompson played a key role in helping Golden State win four championships during his tenure with the team. Earlier in his career, he made a couple of All-NBA Third Team appearances, plus an All-Defensive Second Team nod back in 2018/19.

However, a torn ACL and a torn Achilles tendon cost Thompson two full seasons during his prime. While he has remained one of the NBA’s top three-point marksmen since he returned from those injuries in January 2022, he doesn’t have the same athleticism or defensive versatility he once did.

Thompson, who earned $43.2MM in 2023/24 during the final year of his max contract, reportedly turned down a two-year, $48MM extension from Golden State before last season began. Talks between the two sides went quiet leading up to free agency, which is always an ominous sign.

In 77 regular season games in ’23/24, Thompson averaged 17.9 PPG, 3.3 RPG and 2.3 APG on .432/.387/.927 shooting (29.7 MPG). He scored zero points and went 0-10 from the field as the No. 9 Warriors fell to the No. 10 Kings in the play-in tournament.

FA Rumors: KCP, Harden, Kennard, Hartenstein, Jones, Highsmith, More

After Jake Fischer of Yahoo Sports reported earlier today that the Nuggets are preparing to lose Kentavious Caldwell-Pope, Michael Scotto of HoopsHype confirms there’s a growing belief around the league the veteran wing won’t remain in Denver.

The Magic have “significant” interest in Caldwell-Pope and there has been growing buzz about the possibility of Orlando aggressively pursuing him, Scotto says, adding that the Magic’s interest in Klay Thompson has cooled by comparison. Multiple executives who spoke to HoopsHype believe Caldwell-Pope will sign for $20-25MM per year.

The Sixers, who have also frequently been cited as a Caldwell-Pope suitor, have been exploring the feasibility of landing both KCP and Paul George using their cap room, tweets Marc Stein.

Here are several more rumors with the official start of free agency just a couple hours away:

  • While James Harden has been mentioned as a possible mid-level ($12.9MM) target for the Lakers, the expectation is that the Clippers will be willing to pay him approximately double that amount, Scotto writes, echoing a comment made by Adrian Wojnarowski on ESPN (YouTube link).
  • Rival executives aren’t expecting Luke Kennard to be truly available as an unrestricted free agent, according to Fischer, who says Kennard and the Grizzlies seem to be interested in continuing their relationship after the team turned down its option the sharpshooter on Saturday.
  • New Pistons head of basketball operations Trajan Langdon is known to be a fan of center Isaiah Hartenstein, so Detroit is considered a candidate to make a play for the Knicks big man, Fischer reports. A return to the Knicks still hasn’t been entirely ruled out for Hartenstein, though the Thunder continue to be viewed as a probable suitor as well, Fischer notes.
  • With point guard Tyus Jones seeking starter-level money as a free agent this offseason and the Wizards still in the early stages of their rebuilding project, there’s a growing sense that Washington will be open to moving Jones via sign-and-trade, per Scotto.
  • Free agent wing Haywood Highsmith is expected to draw interest from a mix of cap-room teams such as the Pistons, Hornets, Jazz, Spurs, and Sixers, as well as over-the-cap clubs like the Pacers, Kings, and Warriors, league sources tell Scotto, who suggests the 27-year-old could end up with a deal in the range of the full mid-level.
  • The Lakers are expected to have interest in re-signing both Taurean Prince and Spencer Dinwiddie, with Dinwiddie also likely to draw interest from the Mavericks, Scotto writes. NBA executives who spoke to HoopsHype projected Prince to potentially land a contract in the range of $5MM+ annually over two years.

Derrick Jones’ Free Agency Complicated By Agent Change

Fresh off a 50-32 season and a run to the NBA Finals, the Mavericks are hoping to build on their success this offseason. As Jake Fischer of Yahoo Sports writes, Dallas agreed to ship the expiring $16.2MM contract of bench swingman Tim Hardaway Jr. to the Pistons in part to create the financial flexibility to re-sign starting small forward Derrick Jones, whose defensive ferocity helped the minimum-salaried vet emerge as a critical role player during the Mavericks’ Finals run.

Across 76 healthy regular season contests last year with Dallas, Jones averaged 8.6 points on .483/.343/.713 shooting, along with 3.3 rebounds, 1.0 dimes, 0.7 steals and 0.7 rejections per game. The Hardaway deal should open up the Mavs’ non-taxpayer mid-level exception for the 6’5″ wing.

However, according to the CBA, players are not officially permitted to sign a deal with a new agent for 15 days after ending their contracts with their prior representatives, Fischer notes. Because Jones ended his association with his most recent reps on June 26, that could throw a wrench in the Mavericks’ plans to retain him.

According to Tim Cato of The Athletic, Jones’ new agency, Klutch Sports, will thus be unable to negotiate on his behalf until July 11, by which time most top free agents will be off the board. This could complicate a Jones return to a Mavericks team looking to build up its roster through a series of connected moves.

Cato notes that Jones could theoretically still work out a future contract with now-terminated representative Aaron Turner of Verus Management negotiating on his behalf. Turner and Jones could also reach an agreement to disregard the standard 15-day waiting period between representatives, which would let Klutch instantly take over.

Despite the complications created by Jones’ agency change, the Mavericks remain optimistic about their chances of retaining him, tweets Marc Stein.

In addition to hoping to re-sign Jones, the Mavs are also considered a top suitor for Warriors sharpshooter Klay Thompson. A league source tells Monte Poole of NBC Bay Area (Twitter link) that Dallas is “chasing Thompson extremely hard.” The plan would be to acquire Thompson via sign-and-trade and re-sign Jones with the mid-level exception.

The Mavs’ thinking, according to Stein, is that if they have to trade away Josh Green as part of a sign-and-trade deal for Thompson, the club would still have plenty of wing depth, with Thompson coming aboard, Quentin Grimes being acquired in the Hardaway trade, and Jones potentially returning.

Fischer’s Latest: Clippers, George, Warriors, Mavs, KCP, Klay, Nuggets, More

As they navigate the challenges of the second tax apron for 2024/25 and beyond, the Clippers have been adamant to this point that they don’t want to complete a contract longer than three years for any players, reports Jake Fischer of Yahoo Sports. Barring a change of heart, that means Los Angeles will be unwilling to go higher than three years for its own star free agents, Paul George and James Harden.

While Harden seems likely to end up on a new three-year agreement with the Clippers, per Fischer, that three-year limit has been a point of contention in negotiations with George. Both the Sixers and Magic – who are set to meet with George late on Sunday night – are willing to offer the star forward a four-year, maximum-salary contract, Fischer confirms.

Outside of the Clippers, Sixers, and Magic, there’s another team “lingering on the periphery” of the George situation, according to Fischer, who says the Jazz‘s “dreamiest plot” for the offseason would be to use their trade assets to acquire an impact player on the trade market (they pursued Mikal Bridges before Brooklyn agreed to send him to New York) and to use their cap room to land George. However, as Fischer acknowledges, it’s extremely unlikely that George will decide to sign in Utah.

Here’s more from Fischer’s latest rumor round-up, with the official start of free agency just hours away:

  • The trade options the Warriors have considered – using Chris Paul and/or Andrew Wiggins as outgoing pieces – range from giving up draft picks in a deal for Pelicans forward Brandon Ingram to acquiring a pick along with Bulls guard Zach LaVine, sources tell Fischer. If they don’t find a trade they like and lose Klay Thompson via free agency, the Warriors will have the full mid-level exception available. They’re considering possible targets using that MLE, says Fischer.
  • The Mavericks likely would have attempted to make a trade with the Nuggets to acquire Kentavious Caldwell-Pope if he had picked up his $15.4MM player option, Fischer reports. Now that Caldwell-Pope has opted for free agency, Thompson appears to be the free agent wing most likely to end up in Dallas, according to Fischer, who says Thompson also continues to be one of the Sixers‘ secondary targets if they miss out on George.
  • As for Caldwell-Pope, the Nuggets are preparing to lose him, with the Sixers and Magic both holding “strong” interest in the veteran swingman, per Fischer. A deal with one of those cap-room teams in the range of $50MM over two years could be a possibility for KCP, Fischer adds.
  • Having traded away Reggie Jackson, the Nuggets are in the market for a backup point guard. Sources tell Fischer that Russell Westbrook would have been a target using the taxpayer mid-level exception if he had opted out of his contract with the Clippers. Fischer also mentioned Hornets guard Vasilije Micic as a Denver target, noting that Zeke Nnaji – who is on the trade block – could be sent out in a deal for Micic.
  • The Nuggets have also long had interest in big man Dario Saric, who could be a target in free agency, Fischer says.
  • While it won’t be one of their top short-term priorities as free agency begins, the Clippers are expected to eventually work out an extension with center Ivica Zubac, sources tell Yahoo Sports.

FA Rumors: Lakers, LeBron, Harden, Klay, George, Magic, DeRozan, More

Having confirmed on Saturday that LeBron James would be open to accepting less than the maximum salary in certain scenarios, agent Rich Paul tells Dave McMenamin of ESPN that the idea would be for the Lakers to add an “impact player” using that extra flexibility.

James Harden, Klay Thompson, and Jonas Valanciunas are a few of the “impact” players who might fit that criteria, sources tell McMenamin. While it might be difficult to convince Harden or Thompson to settle for the mid-level (worth approximately $12.9MM), a sign-and-trade could also be a possibility to land that sort of player. Acquiring a player via sign-and-trade would hard-cap the Lakers at the first tax apron for 2024/25, but so would using more than the taxpayer portion ($5.2MM) of the mid-level exception.

[RELATED: Lakers, Clippers, Mavericks among Klay Thompson’s suitors]

If the Lakers aren’t able to add a player of that caliber, the plan would be for James to seek a max deal to return to the Lakers, Paul tells McMenamin. If LeBron does accept a pay cut, the most likely scenario would see him accept a two-year deal with a 2025/26 player option so that he’d have the ability to negotiate a raise a year from now, sources tell Jovan Buha of The Athletic.

Elsewhere on the Lakers front, after tendering a qualifying offer to Max Christie to make him a restricted free agent, the team would like to retain the 21-year-old guard, envisioning him as a rotation player next season, sources tell Buha. However, if L.A. hard-caps itself by adding an impact player via sign-and-trade or the MLE, fitting a new deal for Christie under the first apron could be a challenge.

Here are a few more rumors from around the NBA ahead of the official start of free agency on Sunday evening:

  • Adrian Wojnarowski of ESPN referred to the Sixers this morning on SportsCenter as a “legitimate threat” to sign Paul George away from the Clippers (hat tip to Adam Zagoria of NJ.com), while Marc Stein writes in his latest Substack story that Philadelphia has a “significant measure of renewed hope” in its ability to land the star forward.
  • Although the Magic are one of three teams to secure a meeting with George, the free agents connected most frequently to Orlando by league insiders are Knicks center Isaiah Hartenstein and Nuggets wing Kentavious Caldwell-Pope, per Stein.
  • There’s a belief that DeMar DeRozan may wait to see what happens with George’s free agency before making a decision, according to Stein, since he’d have a better feel for his options outside the Bulls at that point. Multiple reports this offseason have suggested the Clippers could be a suitor for DeRozan (likely via sign-and-trade) if they lose George.
  • While the Lakers have emerged as a legitimate option for Klay Thompson, the Mavericks have made the veteran sharpshooter their top free agent priority, even ahead of starting small forward Derrick Jones, says Stein. Dallas hasn’t ruled out the possibility of signing both players – that would require a sign-and-trade for Thompson and an MLE deal for Jones – which would be the team’s true “Plan A,” Stein writes, adding that Naji Marshall continues to be mentioned as a likely Mavs target if they lose Jones.
  • The Clippers and Spurs are among the teams expected to have interest in Chris Paul if the veteran point guard ends up being waived by Golden State and becoming a free agent, reports Stein.

Option/QO Notes: Green, Watanabe, Bertans, Barlow, Kings, More

Saturday represented the deadline for teams and players to exercise 2024/25 contract options and for teams to issue qualifying offers to players eligible for free agency. While there was a flurry of news about those options and QO decisions yesterday, a few players still slipped through the cracks.

We’ll start with Rockets forward Jeff Green. Reporting last week indicated that Houston planned to exercise his $8MM team option for 2024/25 and the team did just that, per RealGM’s transaction log. Green’s salary technically remains non-guaranteed until July 11 even now that his option has been picked up, but the expectation is that he’ll be retained — his expiring deal could be a useful salary-matching piece in a trade, and he also played rotation minutes for Houston last season, averaging 16.8 MPG in 78 appearances.

While there was no official confirmation on Saturday (as far as we could tell), Grizzlies forward Yuta Watanabe had long been expected to decline his $2.65MM player option for the 2024/25 season, since he’s on track to return to his home country of Japan and play for the Chiba Jets. There’s no indication that those plans have changed or that he picked up his option, so we’re assuming it was declined and that he’ll be off the board for NBA teams this offseason.

Finally, Davis Bertans‘ option with the Hornets was technically an early termination option rather than a player option, meaning that instead of needing to actively exercise it if he wanted to opt in, he needed to do nothing to opt in. He did just that, and will remain under contract with Charlotte for the time being, rather than becoming a free agent. However, his $16MM option salary is only partially guaranteed for $5.25MM, so he’s not assured of having the rest of that salary guaranteed, especially if the Hornets are looking to maximize their cap flexibility this offseason.

Here are a few more updates left over from a busy Saturday:

  • Dominick Barlow, a 21-year-old forward who has spent the past two seasons with the Spurs, didn’t receive a qualifying offer to make him a restricted free agent, per Adrian Wojnarowski of ESPN (Twitter link). San Antonio isn’t necessarily planning to part ways with Barlow, according to Tom Orsborn of The San Antonio Express-News, who tweets that the Spurs still have interest in discussing a new deal. However, he’ll have interest from other teams as well, says Wojnarowski.
  • The Kings didn’t tender qualifying offers to their three players eligible for restricted free agency (Kessler Edwards, Jordan Ford, or Jalen Slawson), confirms Sean Cunningham of FOX 40 Sacramento (Twitter link). All three players will be unrestricted free agents.
  • According to RealGM, players who did receive qualifying offers that weren’t previously reported (that we saw) include no-brainers like Sixers guard Tyrese Maxey and Raptors guard Immanuel Quickley, as well as Mavericks two-way player Brandon Williams.
  • We’ve previously published trackers for this year’s team option decisions and player option decisions, which are now fully up to date. We’ll be posting a full qualifying offer recap later this morning.

Hawks, Bruno Fernando Agree To Push Back Guarantee Date

For a second straight year, the Hawks and Bruno Fernando have reached an agreement to push back his salary guarantee date, reports Lauren L. Williams of The Atlanta Journal-Constitution (Twitter link).

In 2023, Atlanta moved Fernando’s salary guarantee deadline from June 29 to July 10, then ultimately kept him on the roster, guaranteeing his full $2.58MM salary for ’23/24. The guarantee date for his $2.72MM salary for ’24/25 has been pushed from June 29 into next month, Williams says, though there are no specific details yet on the new date.

Fernando is one of several players around the league who had a June 28 or June 29 salary guarantee date on his contract for 2024/25. Here are updates on a few of the others:

  • T.J. McConnell‘s $9.3MM salary for 2024/25, which had been partially guaranteed for $5MM, became fully guaranteed when the Pacers guard remained under contract through Friday, as Tony East of SI.com tweets. Given McConnell’s on-court value to Indiana, he was obviously never in danger of being waived.
  • That’s also true of Lauri Markkanen, whose contract with the Jazz featured a salary guarantee deadline on Friday. We can safely assume the team didn’t make any effort to push that date back, so the star forward’s $18MM salary for next season is now guaranteed.
  • Dante Exum remains in the Mavericks‘ plans going forward, according to Tim MacMahon of ESPN, who notes (via Twitter) that the guard’s $3.15MM salary for 2024/25 became guaranteed when he wasn’t waived on Friday. Exum had a very successful return to the NBA last season after two years in Europe, averaging 7.8 PPG, 2.9 APG, and 2.7 RPG with a .533/.491/.779 shooting line in 55 games (19.8 MPG) for Dallas.
  • Josh Minott‘s $2.02MM salary with the Timberwolves for 2024/25 is now guaranteed, tweets Dane Moore of Blue Wire Podcasts. Minott’s cap hit is a little less than that of a two-year veteran’s minimum, so in addition to having the opportunity to continue developing the 2022 second-round pick, Minnesota will save a little money by carrying him in place of a minimum-salary signing.
  • Reporting last week suggested that the Rockets planned to keep center Jock Landale through his guarantee date on Saturday, and there have been no indications since then that the plan has changed or that his deadline has been pushed back, so we’re assuming his $8MM salary for 2024/25 is now fully guaranteed. Landale, who had an inconsistent role last season, could be used as a salary-matching piece in a Houston trade at some point during the coming league year.
  • Our early salary guarantee date tracker has been updated to reflect all of these updates.