Mavericks Rumors

Yogi Ferrell Changing Course On Mavs Deal

8:17am: The Mavs hadn’t heard anything from Ferrell’s agent before seeing Charania’s report, a source tells Tim MacMahon of ESPN.com (Twitter link).

7:45am: After reportedly agreeing to a two-year, $5.3MM deal with the Mavericks on Thursday, Yogi Ferrell has changed course, reports Shams Charania of Yahoo Sports (Twitter link). According to Charania, Ferrell will re-enter free agency in search of a better contract.

“We felt uncomfortable and will weigh our options,” agent Cervando Tejeda said.

Ferrell’s $5.3MM agreement with the Mavs included a non-guaranteed second season, so he was only assured of receiving about half that money. As cap expert Albert Nahmad observes (via Twitter), that means that the point guard would have been in line for a smaller guarantee than his initial $2.9MM qualifying offer, so it makes sense that he wouldn’t be thrilled with the arrangement.

If Dallas wants to lock up Ferrell, the team could increase its offer. The Mavs still hold Ferrell’s Early Bird rights, allowing them to go over the cap all the way up to the mid-level range to re-sign him. However, it remains to be seen how aggressive the club will be in attempting to bring back the 25-year-old.

It’s the second time this offseason that a player and team have seemingly reached a contract agreement, only for the player to have second thoughts — Nemanja Bjelica did the same with the Sixers. Of course, DeAndre Jordan‘s about-face in 2015 free agency is the most infamous example of this in recent years, but the Mavs were able to officially secure Jordan early in this year’s free agency.

Yogi Ferrell Backs Out Of Deal With Mavericks

JULY 20, 7:48am: Ferrell has reportedly reversed course on his agreement with the Mavs and opted to re-enter free agency. We have the full story here.

JULY 19, 11:50am: Yogi Ferrell will return to the Mavericks on a two-year deal worth $5.3MM, reports Shams Charania of Yahoo Sports. The second season will be non-guaranteed with a July 7 trigger date, Charania adds.

Dallas will use Ferrell’s Early Bird rights, tweets salary cap expert Albert Nahmad, with the first season paying him less than the $2.9MM qualifying offer the team rescinded last week. That will enable the Mavericks to keep all of their roughly $6MM in cap space.

The Mavericks promised to give Ferrell the backup shooting guard spot at the start of the season, according to Charania. Dennis Smith and Luka Doncic, the team’s first-round picks the past two seasons, are expected to be the starters in the backcourt.

Dallas signed Ferrell to a 10-day contract in January of 2017 after he was waived by the Nets. He averaged 11.3 points in 36 games, then played all 82 contests last season, posting a 10.2/3.0/2.5 line.

Ferrell went undrafted out of Indiana in 2016 and spent much of his time in the G League after signing with Brooklyn, appearing in just 10 games for the Nets.

Photo courtesy of USA Today Sports Images.

Mavericks ‘Really Close’ To Re-Signing Yogi Ferrell

Dallas is nearing a new deal with point guard Yogi Ferrell, tweets Jordan Schultz of Yahoo Sports. Sources tell Schultz the parties are “really close” to agreeing on contract terms.

The Mavericks rescinded their qualifying offer to Ferrell last week, which was believed to be a procedural move aimed at creating more cap room.

The 25-year-old excelled during his first full season in Dallas, appearing in all 82 games, starting 21, and averaging 10.2 PPG while shooting 37% from 3-point range. He first joined the team on a 10-day contract in January of 2017 after being waived by the Nets.

Ferrell will be competing for playing time in a crowded backcourt that includes the Mavericks’ first-round picks from the last two seasons, Dennis Smith and Luka Doncic, along with veteran J.J. Barea.

Checking In On 2018’s Unsigned Draft Picks

The 2018 NBA draft took place less than a month ago, but over three quarters over the players selected on the night of June 22 have already signed their first NBA contracts. That includes each of the 30 players picked in the first round, all of whom are now under contract.

The following players have not yet signed contracts with their new NBA teams:

  1. Detroit Pistons: Khyri Thomas, SG (Creighton)
  2. Orlando Magic: Justin Jackson, F (Maryland)
  3. Washington Wizards: Issuf Sanon, G (Olimpija Ljubljana)
  4. Oklahoma City Thunder: Hamidou Diallo, SG (Kentucky)
  5. Houston Rockets: De’Anthony Melton, G (USC)
  6. San Antonio Spurs: Chimezie Metu, F/C (USC)
  7. New Orleans Pelicans: Tony Carr, PG (Penn State)
  8. Oklahoma City Thunder: Devon Hall, SG (Virginia)
  9. Philadelphia 76ers: Shake Milton, G (SMU)
  10. Charlotte Hornets: Arnoldas Kulboka, SF (Capo D’Orlando)
  11. Dallas Mavericks: Ray Spalding, PF (Louisville)
  12. Oklahoma City Thunder: Kevin Hervey, SF (Texas-Arlington)
  13. Denver Nuggets: Thomas Welsh, C (UCLA)

Sanon, Carr, and Kulboka will reportedly spend the 2018/19 season overseas, so we can safely remove their names from this list — they won’t be signing NBA contracts this offseason. Welsh, meanwhile, has reportedly agreed to terms on a two-way contract with Denver, though it’s not yet official.

That leaves just nine players from 2018’s draft class who we should still expect to sign at some point. Of those nine players, the higher picks such as Thomas (Pistons), Jackson (Magic), Diallo (Thunder), and Melton (Rockets) are good bets to sign multiyear NBA contracts. Even though some of those teams have luxury-tax concerns, they’ll have to fill out their rosters somehow, and a rookie contract at or near the minimum is the best way to avoid significantly increasing their potential tax penalties.

The players selected in the 50s may be candidates for two-way deals. A year ago, no player selected between Nos. 49-60 received a standard NBA contract, with all of those players signing two-way contracts, agreeing to straight G League contracts, or heading overseas to join an international team.

[RELATED: 2018/19 NBA Two-Way Contract Tracker]

As such, players like Hall (Thunder), Milton (Sixers), Spalding (Mavericks), and Hervey (Thunder) should be considered two-way options. For now though, Dallas doesn’t have a two-way slot open, and Oklahoma City only has one, so it remains to be seen what the future holds for these late second-rounders. We should find out in the coming weeks.

Mavericks Sign Second-Rounder Jalen Brunson

The Mavericks have officially signed second-round pick Jalen Brunson, the team announced today in a press release. Shams Charania of Yahoo Sports reported today (via Twitter) that Brunson and the Mavs had agreed to a four-year contract with three years guaranteed.

[RELATED: 2018 NBA Draft Pick Signings]

Brunson, the 33rd overall pick in the draft, is coming off a huge year at Villanova. While three teammates – Mikal Bridges, Donte DiVincenzo, and Omari Spellman – were drafted before him, it was Brunson who was named college basketball’s Player of the Year for the champion Wildcats. In his junior year, Brunson averaged 18.9 PPG, 4.6 APG, and 3.1 RPG with a shooting line of .521/.408/.802.

As a Maverick, Brunson will join a depth chart loaded with talented young point guards. Dennis Smith Jr. and Luka Doncic lead the way, with restricted free agent Yogi Ferrell also expected to sign a new deal soon to return to Dallas.

The Mavericks will be using some of their remaining cap room to sign Brunson to his new contract. None of the other exceptions available to the club – the room exception or the minimum salary – would have allowed for a four-year deal.

Mavs Rescind Qualifying Offer To Yogi Ferrell

The Mavericks rescinded their qualifying offer to point guard Yogi Ferrell, tweets Shams Charania of Yahoo Sports. However, Dallas intends to re-sign Ferrell and they are “on the one-yard line” of finalizing a deal, per ESPN’s Tim MacMahon.

By rescinding Ferrell’s qualifying offer, Dallas’ plan is likely a cap room maximization. The team can increase its cap space to $6.5MM by replacing Ferrell’s $2.9MM qualifying offer with a $1.5MM cap hold as an unrestricted free agent, tweets salary cap expert Albert Nahmad. Dallas has yet to re-sign Dirk Nowitzki, but the team can use its increased cap space or room exception on the veteran and then go over the cap to ink Ferrell.

Ferrell, 25, enjoyed his best full season in 2017/18 as he played in all of the Mavericks’ 82 games while accumulating 21 starts. The former Nets averaged 10.2 PPG, 3.0 RPG and 2.5 APG for Dallas.

The Indiana University product previously stated he would like to stay in Dallas which explains his willingness to re-sign despite his qualifying offer being rescinded. The Mavericks will enter the 2018/19 season with a stacked backcourt as the roster already includes 2018 first-rounder Luka Doncic, 2017 first-rounder Dennis Smith Jr., and J.J. Barea.

Mavs Sign Kostas Antetokounmpo To Two-Way Deal

The Mavericks have signed second-round draft pick Kostas Antetokounmpo to a two-way contract, Marc Stein of the New York Times tweets.

The brother of Giannis Antetokounmpo was the No. 60 selection in the draft. The Mavericks acquired his draft rights, along with the rights to Raymond Spalding, from the Sixers in exchange for the draft rights to Shake Milton.

Kostas is a 6’11” power forward who will get a chance to develop his game in the G League.

The younger brother, who turns 21 in November, played college ball at Dayton. In his lone season with the Flyers, he averaged 5.2 PPG and 2.9 RPG in 15.1 MPG.

Mavericks Waive Swingman Jalen Jones

The Mavericks have waived swingman Jalen Jones, Shams Charania of Yahoo Sports tweets.

Jones, who was on a two-way contract, appeared in 12 games for Dallas last season. He averaged 5.8 PPG and 2.9 RPG in 13.5 MPG.

The 6’7” Jones also played four games for the Pelicans last season. Dallas claimed him in January after New Orleans cut him loose. He made history as the first player on a two-way contract getting claimed off waivers.

The Texas A&M product went undrafted out of college.

Dallas opens up a two-way slot by the transaction. Its other two-way slot currently belongs to forward Johnathan Motley.

Check out all the two-way contracts for every club here.

Mavericks Made Right Decision In Keep Doncic Out Of Summer League

  • The Mavericks made the correct move in holding first-round pick Luka Doncic out of Summer League play, writes Dwain Price of NBA.com. Doncic’s buyout with Real Madrid wasn’t finalized until Monday, and he would have faced a difficult adjustment in joining the team in Las Vegas after it had already played two games.

NBA Teams With 2018/19 Cap Room Remaining

Last Wednesday, we noted that only three NBA teams still had significant cap room available. Depending on your definition of “significant,” that’s still the case. One of those three teams – the Kings – made a player for another’s restricted free agent, but the Bulls matched Sacramento’s offer sheet for Zach LaVine and still have plenty of flexibility themselves.

While the Kings, Bulls, and Hawks are still the only teams that can create more than $15MM in cap space without trading any players or waiving and stretching any guaranteed salaries, a number of other clubs technically still have cap room available too.

Using our own data and salary information from Basketball Insiders, our current cap room estimates – as of July 12 – are below. If you have any questions or notice any errors, please let us know in the comment section.

Here’s a breakdown:

Atlanta Hawks

  • Current space: $17.9MM
  • Space if they waive non-guaranteed salaries and renounce UFAs: $23.91MM
  • The Hawks have had a quiet offseason so far, but could clear the most cap room if any team if they renounce Malcolm Delaney and waive the non-guaranteed contracts of Jaylen Morris and Antonius Cleveland.

Sacramento Kings

  • Current space: $19.53MM
  • The Kings already renounced their free agents and waived Nigel Hayes‘ non-guaranteed salary in order to help accommodate LaVine’s offer sheet. With LaVine’s offer matched by the Bulls, Sacramento will have to find another use for its space.

Chicago Bulls

  • Current space: None
  • Space if they waive non-guaranteed salaries and renounce UFAs: $18.94MM
  • The Bulls continue to technically operate as an over-the-cap team since they haven’t renounced their trade, mid-level, and bi-annual exceptions, or Noah Vonleh‘s $10MM+ cap hold. Once they decide they want to use their cap room, they could clear up to almost $19MM without withdrawing David Nwaba‘s qualifying offer.

Brooklyn Nets

  • Current space: $9.97MM
  • Space if they waive non-guaranteed salaries and renounce UFAs: $12.17MM
  • The Nets aren’t about to waive Spencer Dinwiddie‘s non-guaranteed salary, but cutting Isaiah Whitehead and renouncing Quincy Acy would create a little extra space if they need it. Once the Nets use their cap room or decide they don’t need it, they’ll finalize deals for Joe Harris (Early Bird rights) and Ed Davis (room exception).

Dallas Mavericks

  • Current space: $5MM
  • Space if they waive non-guaranteed salaries: $5.54MM
  • It’s not clear if Dorian Finney-Smith‘s salary is still non-guaranteed — he had a reported July 5 salary guarantee deadline, but there has been no confirmation that that date wasn’t pushed back. If Finney-Smith doesn’t have his full guarantee yet, the Mavericks could get to $6MM+ in space. The team figures to use either its cap room or its room exception to re-sign Dirk Nowitzki.

Philadelphia 76ers

  • Current space: $1.69MM
  • Space if they waive non-guaranteed salaries: $4.89MM
  • Getting up to $4.89MM in room would mean waiving T.J. McConnell and Richaun Holmes, which is probably unlikely. Still, the Sixers could use that $1.69MM in room to sign a player like Jonah Bolden to a long-term deal if they so choose. They’ll eventually finalize Nemanja Bjelica‘s deal using their room exception.

Phoenix Suns

  • Current space: $1.18MM
  • Space if they waive non-guaranteed salaries: $3.25MM
  • The Suns could create a little extra flexibility by waiving Shaquille Harrison and Davon Reed, but the team may not need that remaining room either way.

Salary information from Basketball Insiders was used in the creation of this post.