Detroit Pistons Rumors | Hoops Rumors

Pistons Sign Cade Cunningham To Five-Year Max Extension

July 10th, 2024 at 3:17pm CST by Rory Maher

JULY 10: Cunningham’s maximum-salary extension is official, the Pistons announced today in a press release.

Cunningham is the third player to sign a max rookie scale extension this offseason, joining Scottie Barnes of the Raptors and Franz Wagner of the Magic.

JULY 9: The Pistons and Cunningham are in agreement on a five-year, maximum-salary rookie scale extension, agents Jeff Schwartz and James Dunleavy tell Adrian Wojnarowski of ESPN (Twitter link).

Wojnarowski says it’s a $224MM deal that could be worth up to $269MM, which means it will include Rose rule language that could bump the starting salary from 25% of the 2025/26 cap to 30% if Cunningham makes an All-NBA team

JUNE 30: The Pistons intend to sign 2021 No. 1 overall pick Cade Cunningham to a five-year, rookie scale max extension, sources tell Shams Charania and James L. Edwards III of The Athletic (Twitter link).

The exact value of Cunningham’s extension is currently unknown. If the salary cap rises by 10% in 2025/26, which is when the extension will kick in, it would be worth approximately $224MM.

ESPN’s Bobby Marks hears (via Twitter) that while Detroit and Cunningham have discussed an extension, a deal doesn’t appear to be imminent. However, Omari Sankofa II of The Detroit Free Press has sources who say it’s on track to get done. The guard can’t officially sign anything until July 6.

After a promising ’21/22 campaign which saw Cunningham finish third in Rookie of the Year voting, the 22-year-old was limited to just 12 games due to season-ending surgery in ’22/23. Despite the Pistons finishing with the NBA’s worst record in ’23/24, Cunningham had a strong third season, averaging 22.7 PPG, 4.3 RPG, 7.5 APG and 0.9 SPG on .449/.355/.869 shooting in 62 games (33.5 MPG).

Assuming Cunningham’s contract comes to fruition, which seems likely, he would join Raptors forward Scottie Barnes as the second player from the 2021 draft class to agree to a rookie scale extension. The full list of players eligible for rookie scale deals can be found right here.

While Barnes agreed to an extension that features Rose rule language, potentially allowing him to earn 30% of the ’25/26 salary cap instead of 25%, the terms Charania and Edwards reported suggest that Cunningam might not have gotten that offer from Detroit. Either way, it’s a major commitment to the 6’6″ guard, who will earn $13.94MM in ’24/25, which is the final season of his rookie scale contract.

Pistons Claim Paul Reed Off Waivers

July 9th, 2024 at 4:17pm CST by Dana Gauruder

The Pistons are claiming former Sixers big man Paul Reed off waivers, The Athletic’s Shams Charania tweets. The Pistons have confirmed the move in a press release (Twitter link).

Reed was placed on waivers on Saturday when Philadelphia chose to sign free agent forward Caleb Martin. He had been due to clear waivers and become a free agent at 4:00 pm CT if he had gone unclaimed.

The Pistons will use some of their available cap room to claim Reed, who signed a three-year, $23,555,150 contract last summer with Philadelphia. Only the first year was guaranteed — his $7.7MM salary for next season remains non-guaranteed until early January, and his $8.1MM salary for 2025/26 will stay non-guaranteed as long as his team doesn’t advance to the second round of the playoffs.

The Pistons could retain Reed to compete with or back up incumbent center Jalen Duren, use Reed as a trade chip, or waive him again if they need to clear cap room to make another move.

Reed has evolved into a serviceable backup in the frontcourt over the past few seasons. In 2023/24, he averaged 7.3 points, 6.0 rebounds, 0.8 steals and 1.0 blocks, appearing in all 82 of Philadelphia’s regular season games.

Langdon Making Good Impression

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

So far, Trajan Langdon has shown patience in his first year as the Pistons’ president of basketball operations and that’s a good thing, James Edwards III of The Athletic opines. Langdon has brought in veterans on short-team contracts with proven shooting ability to help out Cade Cunningham. He’s also got more cap space available to acquire other players in salary dumps with assets attached, as he did with Dallas in the Tim Hardaway Jr. trade.
In a similar piece, Shawn Windsor of the Detroit Free Press asserts that the moves Langdon and his front office staff have made gives the Pistons some semblance of a modern NBA roster. Doubling last season’s 14-win total isn’t out of the question with the veterans they’ve added to help balance the roster, Windsor adds.

Sidney Lowe Joining J.B. Bickerstaff In Detroit

July 6th, 2024 at 7:25pm CST by Arthur Hill

Sidney Lowe has agreed to become an assistant to J.B. Bickerstaff with the Pistons, according to Adrian Wojnarowski of ESPN (Twitter link). Lowe also worked for Bickerstaff during his time in Cleveland.

Lowe is the first reported hiring since the organization confirmed that Bickerstaff will be its new head coach on Wednesday. Bickerstaff took the job a little more than a month after being dismissed by the Cavaliers following a second-round playoff exit.

Lowe, 64, played for five NBA teams in seven years after winning an NCAA title at North Carolina State. He moved into coaching in 1991 and spent time with numerous organizations over the past three decades.

This will be his third stint in Detroit, where he served as an assistant during the 2005/06 season and again from 2018 to 2021.

Pistons, Wolves, Grizzlies, Raptors Complete Four-Team Deal

July 6th, 2024 at 4:28pm CST by Luke Adams

The Pistons, Timberwolves, Grizzlies, and Raptors have folded a series of separate trade agreements into a single four-team trade, which is now official, the Wolves announced today in a press release.

The Pistons and Timberwolves initially agreed to a deal sending Minnesota’s Wendell Moore to Detroit in exchange for a second-round pick swap, with the Pistons moving up from No. 53 to No. 37.

The Wolves subsequently traded the No. 53 pick to Memphis in exchange for No. 57 and a future second-rounder. Then Minnesota traded No. 57 to Toronto for a reported $1MM in cash.

The end result is as follows:

Pistons acquire Moore and the draft rights to Bobi Klintman (No. 37 pick).
Timberwolves acquire a future second-round pick (from Grizzlies) and cash ($1MM; from Raptors).
Grizzlies acquire the draft rights to Cam Spencer (No. 53 pick).
Raptors acquire the draft rights to Ulrich Chomche (No. 57 pick).

The Pistons are taking a chance on an inexpensive former first-rounder in Moore ($2.54MM salary in 2024/25) while having moved up in the second round to select a prospect higher on their draft board; the Wolves, who are operating over the second apron, save some money while having swapped out their No. 37 pick for a future second-rounder; and the Grizzlies and Raptors gave up minor assets to trade into the back end of the second round of the draft.

The one missing detail is here is which future second-round pick the Grizzlies are sending Minnesota. We’ll update our tracker of 2024 offseason trades with that information once it’s reported.

Pistons Sign Ron Holland To Rookie Contract

July 6th, 2024 at 11:49am CST by Luke Adams

The Pistons have signed No. 5 overall pick Ron Holland to his rookie scale contract, according to the NBA’s official transaction log.

[RELATED: 2024 NBA Draft Pick Signings]

Holland had an up-and-down season for the G League Ignite in 2023/24, filling up the stat sheets with 19.5 points, 6.7 rebounds, 3.1 assists, and 2.4 steals per game in 29 outings, but struggling with both his outside shot (.237 3PT%) and turnovers (3.2 per game) for the last-place team.

Viewed last fall as a potential contender for the No. 1 overall pick, Holland saw his stock dip a little and was considered a candidate to fall out of the top 10 on draft night. However, the Pistons – who were linked more frequently to his Ignite teammate Matas Buzelis in the weeks leading up to the draft – made Holland their first pick in the Trajan Langdon era.

If, as expected, he received the maximum rookie contract for the No. 5 pick, Holland will make approximately $8.25MM as a rookie and about $37.46MM across four years, assuming his third- and fourth-year team options are eventually exercised.

The Pistons also officially signed undrafted rookie Daniss Jenkins to a two-way contract, per the NBA’s transaction log. Jenkins’ agreement with Detroit was reported last Wednesday, shortly after the second round of the draft concluded.

Mavs Trade Hardaway, Second-Round Picks To Pistons For Grimes

July 6th, 2024 at 11:44am CST by Luke Adams

JULY 6: The Mavericks and Pistons have issued press releases confirming that their trade is official and that the details reported below are accurate.

JUNE 28: The Mavericks and Pistons are in agreement on a trade that will send veteran wing Tim Hardaway Jr. and three second-round picks to Detroit in exchange for swingman Quentin Grimes, reports Adrian Wojnarowski of ESPN (Twitter link).

The three draft assets will be Toronto’s 2025 second-round pick and a pair of 2028 second-rounders, Wojnarowski adds (via Twitter). Dallas has previously traded away its own 2028 second-rounder, but controls Miami’s pick and the least favorable of the Clippers’ and Hornets’ selections for that year, so those figure to be the ones headed to the Pistons.

This deal was first mentioned as a possibility by Marc Stein on Tuesday.

By moving off of Hardaway’s $16.2MM expiring contract and taking back Grimes (who will make about $4.3MM next season), Dallas will create upwards of $15MM in breathing room below the first tax apron, tweets cap expert Yossi Gozlan, putting the club in a position to use the full non-taxpayer mid-level exception (projected to be worth about $12.9MM).

Besides creating financial flexibility, the Mavs will also receive an intriguing young three-and-D player in Grimes, who showed promise in 2022/23 by averaging 11.3 points, 3.2 rebounds, and 2.1 assists in 29.9 minutes per game (71 games), with a .468/.386/.796 shooting line. He saw his minutes cut back in New York last season, and a knee injury limited him to just six games after he was acquired by Detroit in February.

Grimes, who will be eligible for a rookie scale extension this offseason as he enters the final year of his rookie contract, also drew trade interest from the Heat and Hawks, per Michael Scotto of HoopsHype (Twitter link).

Meanwhile, new Pistons president of basketball operations Trajan Langdon had spoken openly about his club’s willingness to take on unwanted contracts if they’re attached to more valuable assets. While the previous front office regime appeared to be viewing Grimes as a potential keeper, Langdon clearly prioritized the draft picks he’ll receive in this swap.

Hardaway’s value as a player also shouldn’t be overlooked. He’s coming off a season in which he averaged 14.4 points, 3.2 rebounds, and 1.8 assists in 26.8 minutes per game across 79 appearances, with a shooting line of .402/.353/.852. After he played a limited role in the playoffs though, there had been a sense that his days with Dallas were numbered.

It’s unclear if the Pistons intend to hang onto Hardaway heading into the 2024/25 season, but the team reportedly has had interest in adding veterans and shooting this summer, making THJ a potential fit. He’s a career 36.0% three-point shooter.

Trade Rumors: DeRozan, Kings, Lakers, Grant, Cavs, Finney-Smith, Okoro, More

July 5th, 2024 at 11:05pm CST by Luke Adams

While the Kings are among the teams believed to have some interest in Pelicans forward Brandon Ingram, there has been a growing sense entering the weekend that Sacramento is more focused on free agent forward DeMar DeRozan, league sources tell Michael Scotto of HoopsHype.

Earlier reporting from Adrian Wojnarowski named the Kings as a legitimate suitor for DeRozan, who would need to be acquired via sign-and-trade, with a third team likely taking on salary from Sacramento in the deal.

Sean Cunningham of FOX 40 Sacramento (Twitter link) confirms there’s “mutual interest” between DeRozan and the Kings, while James Ham of The Kings Beat (Twitter link) confirms Sacramento has talked to the Bulls about a sign-and-trade and suggests that a third team has been “lined up.”

However, there continues to be competition from rival suitors for the 34-year-old’s services, Ham adds. As John Hollinger of The Athletic writes, it also won’t be easy to construct a three-team trade that gets DeRozan the type of salary he wants, ensures the Bulls don’t take back much money, and has the Kings sending out enough assets to Chicago and a third team to incentivize them to make the deal.

Although there are other teams who could open up a little cap room, Detroit and Utah are the only two teams with significant space still available, and the Pistons are rumored to be keeping their room open for trade opportunities, so it wouldn’t surprise me if Chicago and Sacramento have been talking to Detroit in relation to a possible DeRozan deal.

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

The Trail Blazers and Lakers have had conversations about Jerami Grant, but if the Blazers are going to send him to Los Angeles, they’d want both of the future first-round picks the Lakers can trade (2029 and 2031), along with matching salaries, according to Sean Highkin of Rose Garden Report. The Lakers have been unwilling to meet that price and Portland isn’t in any rush to move its top forward, so the talks haven’t gotten far, Highkin writes, noting that – outside of Rui Hachimura – the Blazers wouldn’t have much interest in the players L.A. could put in a package for Grant.
After Zach Lowe reported earlier today that Nets forward Dorian Finney-Smith is a possible trade target to watch for the Cavaliers, Scotto confirms that Cleveland likes Finney-Smith and has monitored him since Brooklyn acquired him in 2023. Scotto adds that Cavs restricted free agent Isaac Okoro is viewed as a potential sign-and-trade candidate (in general, not specifically for Finney-Smith).
Nuggets forward/center Zeke Nnaji and Sixers free agent KJ Martin are two trade candidates to keep an eye on, according to Scotto. Nnaji is beginning a four-year, $32MM contract after not playing a regular role in Denver last season, so his value on the market would be limited. As for Martin, his small cap hold could allow the Sixers to get creative by signing-and-trading him in order to take back more salary than they would be able to accommodate with the cap room they’ll have left over once their major signings are complete.
Speaking of the Sixers, they’re on track to add Paul George as a straight free agent signing rather than in a sign-and-trade, according to Marc Stein at Substack. That comes as no surprise, since acquiring George via sign-and-trade would hard-cap Philadelphia at the first tax apron, potentially limiting the team’s flexibility for the rest of 2024/25.

Scotto’s Latest: Beasley, Hield, Nuggets, Martin, Pelicans, Mavs, Cavs

July 5th, 2024 at 10:32pm CST by Luke Adams

Coming off a season in which he made a career-high 41.3% of his three-point attempts, free agent swingman Malik Beasley was considered the Mavericks‘ Plan B for outside shooting help if they were unable to land Klay Thompson, reports Michael Scotto of HoopsHype.

With Dallas no longer in the mix for Beasley, the 27-year-old sharpshooter is receiving interest from the Pelicans, who like the idea of having him stretching the floor alongside Zion Williamson, league sources tell Scotto.

Meanwhile, the Pistons “flirted” with potentially offering Buddy Hield a one-year contract and have considered doing the same for Beasley, Scotto writes, but for now Detroit wants to keep its salary cap space open for trade purposes, since the team is well positioned to take on an unwanted contract or two and receive draft assets for its trouble.

Here’s more from Scotto:

The Nuggets and Heat were among the teams to express interest in Hield before he agreed to join the Warriors, per Scotto. However, neither team could realistically match the $8.7MM starting salary Hield got from Golden State. Denver is shopping in free agency with its $5.2MM taxpayer mid-level exception in the hopes of adding a player who can help fill the Kentavious Caldwell-Pope-sized hole in the team’s rotation, Scotto notes.
When he declined his $7.1MM player option with Miami, Caleb Martin was hoping for a deal worth at least the full mid-level exception ($12.9MM) and possibly more than that, sources tell HoopsHype, but nothing has materialized so far. The Sixers are among the teams with interest in Martin, but his asking price would have to drop for that to be realistic, according to Scotto.
While the Pelicans continue to peruse the trade market for centers – with Wendell Carter of the Magic among the targets on their radar – veteran big man Daniel Theis has been linked to New Orleans as a possible cheaper option in free agency, Scotto writes.
The Mavericks, in the market for one more guard, have considered a possible reunion with Spencer Dinwiddie or Dennis Smith Jr., according to Scotto, who hears that Malachi Flynn is another playing Dallas is considering if Dinwiddie and Smith end up elsewhere.
Johnnie Bryant (Knicks), Jared Dudley (Mavericks), and Trevor Hendry (Nets) are among the coaches the Cavaliers are eyeing as possible assistants for Kenny Atkinson‘s staff, Scotto reports. Bryant was close with Donovan Mitchell from their days in Utah together, while Dudley and Hendry were with Atkinson in Brooklyn (Dudley as a player, Hendry as a staffer).

Free Agent Notes: Cancar, Suns, Lowry, Sixers, Martin, Hield

July 4th, 2024 at 5:54pm CST by Luke Adams

When the Nuggets declined their team option on Vlatko Cancar for the 2024/25 season, multiple reports indicated that the two sides would likely work out a new minimum-salary deal that would both increase the forward’s salary (from the $2.35MM the option would have paid to $2.43MM) and reduce Denver’s cap hit (from $2.35MM to $2.09MM).

That deal hasn’t happened yet, but Cancar – who is representing Slovenia at the Olympic qualifying tournament in Greece after missing the 2023/24 season with a torn ACL – expressed a desire to return to Denver, per Antonis Stroggylakis of Eurohoops.

“I’m still waiting on their decision, We’ll see,” Cancar said. “… I want to be back. My goal is to be back. Hopefully there’s room.”

As Harris Stavrou of SPORTS24 tweets, Nuggets general manager Calvin Booth was at the Olympic qualifiers on Thursday watching Cancar and the Slovenians secure a spot in the semifinals by defeating New Zealand. Nuggets scout Marty Pocius was also in attendance with Booth, tweets Harrison Wind of DNVR Sports.

Here are a few more notes on free agency:

Even after signing Monte Morris, the Suns are still believed to have interest in veteran point guard Kyle Lowry, tweets John Gambadoro of Arizona Sports 98.7. However, Gambadoro says Lowry may be a long shot for Phoenix since the team can only offer the veteran’s minimum to outside free agents. The Suns are also still working on a new deal for their own free agent Josh Okogie, Gambadoro adds.
The Sixers definitely have interest in free agent forward Caleb Martin, according to Kyle Neubeck of PHLY Sports (Twitter link), but he may be out of range of what they can realistically offer him. Philadelphia is expected to continue to monitor Martin’s market, says Neubeck.
The Pistons and Lakers were among Buddy Hield‘s other free agent suitors before he decided to join the Warriors, per Shams Charania of The Athletic. According to Charania, the veteran sharpshooter chose Golden State “because of the opportunity to win.”