Pacers Rumors

Central Notes: Craig, Pacers, Pistons, Motor City Cruise

Further contract details have emerged for new Pacers swingman Torrey Craig, reports Keith Smith of Spotrac (Twitter link). As expected, Craig’s fully-guaranteed two-year deal will come out of a portion of Indiana’s non-taxpayer mid-level exception. It will pay him $4,878,049 during the 2021/22 season and $5,121,951 during the 2022/23 season.

The reserve wing suited up for both of the teams that qualified for the 2021 NBA Finals, starting out the season with the Bucks before concluding it with the Suns. Craig could prove to be a valuable, defensive-oriented contributor for a revamped Pacers team hoping to return to the playoffs.

There’s more out of the Central Division:

  • The Pacers would prefer to leave an open spot on their 15-man regular season roster, J. Michael of the Indianapolis Star reports (via Twitter). This could enable the team to make further moves during the season.
  • Now that the Pistons are bringing back forward Hamidou Diallo on a two-year deal with a team option for the second season, Detroit’s offseason transactions appear to be wrapping up, writes Keith Langlois of Pistons.com. Langlois notes that Detroit has addressed its need for long-range shooting in adding jump-shooting big man Kelly Olynyk as a free agent. Rookies Cade Cunningham, Isaiah Livers and Luka Garza were all above-average long-range snipers in college and could also fortify the team’s three-point shooting. Langlois adds that the Pistons appear to be prioritizing size and length on the wing under GM Troy Weaver.
  • The Pistons’ new NBA G League affiliate, the Motor City Cruise, are set to hold open tryouts for players next month, writes Rod Beard of The Detroit Free Press. Interested players will have to pony up a non-refundable $200 for the opportunity to audition for the club.

Jeremy Lamb Unlikely To Finish 2021/22 Season With Pacers

The Pacers have made an effort to trade Jeremy Lamb and his $10.5MM expiring contract this offseason, but haven’t had any luck, so the veteran wing will likely open the season on the team’s roster, writes J. Michael of The Indianapolis Star. However, according to Michael, Lamb isn’t expected to still be a Pacer by the end of the 2021/22 campaign.

Lamb, 29, suffered a torn ACL during his first season in Indiana in 2019/20. That injury delayed his start to his second season with the team, and lingering knee and leg issues limited him to 36 total games in 2020/21. He averaged 10.1 PPG and 3.6 RPG in .435/.406/.947 shooting in 21.3 minutes per contest.

As Michael writes, since the Pacers added Caris LeVert earlier this year and drafted Chris Duarte in July, there’s no longer a clear role on the wing for Lamb, so the team is comfortable moving on from him. However, Lamb may have to prove this fall that he’s fully healthy in order to increase his appeal as a trade chip. At this point, teams likely wouldn’t give up much of value to acquire him.

Although the Pacers haven’t found a deal they like yet, Michael hears that about four teams have expressed some level of interest in Lamb. The Lakers and Hornets are among those clubs, Michael adds.

Central Notes: Giannis, Sykes, Nance

Bucks All-Star forward Giannis Antetokounmpo has bought a stake in MLB’s Milwaukee Brewers, the Brewers announced on Friday (link via ESPN). He certainly has the means: the 6’11” reigning Finals MVP inked a five-year, $228MM+ supermax extension with Milwaukee ahead of his championship 2020/21 season with the Bucks.

“This is a dream come true for a kid from Sepolia, Athens, Greece, born from immigrant parents. I could have never imagined I would be in this position,” Antetokounmpo said during a news conference about the purchase on Friday. “I want to be involved in the community as much as possible. I know Milwaukee invested a lot in me, and I want to invest a lot of me back into the city of Milwaukee.”

For more on Antetokounmpo’s foray into MLB ownership, check out the story at MLB Trade Rumors.

There’s more out of the Central Division:

Torrey Craig Signs Two-Year Contract With Pacers

AUGUST 20: The signing is official, according to a team press release.

“Torrey is known for toughness, defense and being a great team guy,” Pacers president Kevin Pritchard said. “As a player who went undrafted, Torrey got to where he is through hard work and perseverance. He will be a great addition to our depth and our emphasis on defense.”


AUGUST 2: The Pacers are set to ink veteran free agent swingman Torrey Craig, most recently of the Bucks and Suns, to a two-year, $10MM contract, writes Adrian Wojnarowski of ESPN (via Twitter).

Bobby Marks of ESPN adds (Twitter link) that the Pacers will use a portion of their mid-level exception to sign the 6’7″ Craig. The deal is fully guaranteed, per Scott Agness of Fieldhouse Files (Twitter link).

The only player to have logged significant time playing for both NBA Finals teams during the 2020/21 season, Craig unfortunately found himself on the losing side with Phoenix, though he carved out a role for himself as a versatile, defense-first wing contributor.

After going undrafted out of USC Upstate in 2014, Craig first logged NBA action as a 26-year-old with the Nuggets in 2017. He signed a one-year deal with the Bucks as a free agent in 2020.

He struggled to carve out much of a role with Milwaukee during the first portion of the year, averaging just 2.5 PPG, 2.4 RPG and 0.9 APG in 11.2 MPG over 18 games.

Craig, 30, was ultimately traded to the Suns. In 18.8 MPG across 32 regular season contests, he averaged 7.2 PPG, 4.8 RPG and 1.0 APG. He posted a slash line of .503/.369/.800 while with Phoenix.

Photo courtesy of USA Today Sports.

Pacers Notes: Stanley, LeVert, Duarte, Jackson

Cassius Stanley may already be nearing the end of his time with the Pacers, writes J. Michael of The Indianapolis Star. Indiana withdrew its qualifying offer last week for Stanley, who was taken with the 54th pick in the 2020 draft, making him an unrestricted free agent.

It’s the latest in a series of events that show the second-year shooting guard might not be in the organization’s long-term plans. Stanley saw limited playing time last season, averaging about four minutes per night in 24 games, even though management instructed former coach Nate Bjorkgren to use him more often to help develop his game, sources tell Michael. Stanley rarely got off the bench, even with injuries to Jeremy Lamb, Malcolm Brogdon and Edmond Sumner.

During this year’s Summer League, Stanley found himself behind undrafted rookie Duane Washington, who signed a two-way deal with the team. Michael got conflicting reports from sources about whether Stanley will be invited to training camp, and the best offer he might get from the Pacers is a one-year Exhibit 10 contract. Michael states that Stanley figures to get similar or even better offers from other teams.

There’s more from Indiana:

  • The Pacers’ search for a third point guard includes a plan to use Brogdon off the ball more often, Michael adds. Indiana explored point guard options in free agency and brought back T.J. McConnell at $35MM over four years. Caris LeVert can help with playmaking duties, but new coach Rick Carlisle prefers to keep him as the primary scorer and doesn’t want to burden him with running the offense, according to Michael.
  • First-round pick Chris Duarte showed off his versatility during Summer League, Michael observes in a separate story. Duarte directed the defense and displayed an ability to be a finisher, a shooter or a creator on offense. “We’re putting him in different situations, wanting him to read the game, feel the game,” said coach Mike Weinar. “A lot of the NBA game now is feel. When you get towards the playoffs and intense basketball you certainly don’t want to be calling plays all the time.”
  • Rookie Isaiah Jackson showed good instincts on defense, even though he didn’t get to practice with his teammates before Summer League began, Michael adds. Jackson was acquired from the Lakers in a trade and wasn’t cleared to play until midway through the first game.

Search For Third Point Man Continues

The Pacers are looking to add a third point guard after trading Aaron Holiday to the Wizards, according to J. Michael of the Indianapolis Star. They’ve been trying to move wing Jeremy Lamb and his expiring $10.5MM contract but have yet to find any takers.

Pacers Withdraw Qualifying Offer To Cassius Stanley

The Pacers have withdrawn their two-way qualifying offer to Cassius Stanley, making him an unrestricted free agent, J. Michael of the Indianapolis Star tweets.

Stanley played on a two-way contract as a rookie. He saw action in 24 games, averaging 1.5 PPG in 3.9 MPG.

Stanley, 21, was chosen with the No. 54 overall pick in 2020 out of Duke. He competed in last year’s Slam Dunk competition prior to the All-Star game.

He averaged 12.6 PPG and 4.9 RPG in his lone season with the Blue Devils.

Indiana has both of its two-way slots filled by Amida Brimah and Duane Washington.

Mad Ants To Play Games In Indy

  • The Fort Wayne Mad Ants, the Pacers’ G League affiliate, will play nine games in Indianapolis next season, Scott Agness of Fieldhouse Files reports. The Mad Ants will also play 15 games on their home court. Those games in Indiana will make it easier for the Pacers to shuttle players back and forth between the NBA and the G League, if necessary.

Largest Trade Exceptions Created This Offseason

A total of 26 trades have been completed to so far during the 2021 NBA offseason, and many of those deals generated at least one “traded player exception.”

As we explain in our glossary, a traded player exception allows a team to take on salary in a trade without sending out any salary in return. The amount of the exception plus $100K is the amount of salary the team is permitted to take back without salary-matching – either in a single deal or in multiple trades – for one year.

For instance, a team with a $10MM trade exception could acquire a player earning $4MM and a player earning $6.1MM without having to worry about sending out any outgoing salary.

One of the biggest trade exceptions ever created – the Thunder‘s $27.5MM TPE from last November’s Steven Adams trade – expired last week without being used, but Oklahoma City still has a pair of sizeable exceptions to work with, as our tracker shows. The team could also create upwards of $30MM in cap space by renouncing all its exceptions, including the mid-level and bi-annual.

While the Thunder have some big traded player exceptions, they aren’t one of the teams that created sizable new TPEs in offseason deals this year. Here are the largest new trade exceptions generated this summer:

  1. New Orleans Pelicans: $17,073,171 (Steven Adams)
  2. Brooklyn Nets: $11,454,048 (Spencer Dinwiddie)
  3. Dallas Mavericks: $10,865,952 (Josh Richardson)
  4. Boston Celtics: $9,720,900 (Tristan Thompson)
    • Note: It’s unclear whether the Celtics absorbed Bruno Fernando‘s salary ($1,782,621) using the Thompson exception or their Kemba Walker trade exception ($6,879,100). We’re assuming for now that Fernando slotted into the Walker exception, reducing its value to $5,096,479. However, if he went into the Thompson TPE, its value would be reduced to $7,938,279.
  5. Utah Jazz: $7,475,379 (Derrick Favors)
    • Note: There was an expectation that the Jazz would slot Eric Paschall‘s salary ($1,782,621) into one of two trade exceptions that were set to expire on August 6. However, it appears the deal wasn’t completed until August 7 for logistical reasons, meaning the Favors TPE (originally $9,258,000) would’ve had to be used.
  6. Indiana Pacers: $7,333,333 (Doug McDermott)
  7. Chicago Bulls: $5,000,000 (Daniel Theis)

For a second straight year, a team generated the largest trade exception of the offseason by trading Adams. This time around, it was the Pelicans, who cleverly folded separate trade agreements with the Grizzlies and Hornets into one three-team deal, sending Wesley Iwundu to Charlotte to ensure that Adams’ salary wouldn’t be required for matching purposes.

The Pelicans and Mavericks are the two best candidates on this list to make use of their newly-created exceptions at some point. The larger the exception is, the easier it is to find a use for, and those are two of the three biggest in this group.

The other big TPE belongs to the Nets, but they’re already way over the tax line and will be reluctant to take on more salary unless they have a really good reason to do so. That’s probably true of most of the other teams on this list too — the Celtics and Jazz in particular have to be conscious of luxury-tax concerns as they mull the possibility of taking on additional salary. New Orleans and Dallas have more wiggle room, while the Pacers and Bulls are somewhere in between.

The full list of available trade exceptions can be found here.

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

And-Ones: Draft Picks, Hammon, Luxury Tax, Gortman, Spurs

Executives around the NBA don’t love the idea of having teams forfeit second-round picks as a result of tampering investigations, like the Bucks did a year ago, writes ESPN’s Jonathan Givony (Insider link). As Givony explains, the thinking is that late second-rounders don’t have a ton of value to begin with, so taking away those picks hurts would-be draftees as much as it hurts teams.

“Why are we punishing players by reducing the number of picks that are made in the NBA draft?” one executive said to Givony. “Players work their entire careers to get to the point that they can hear their names called on draft night. It’s completely unfair to them to have fewer bestowed that honor because of backroom shenanigans that are entirely out of their control.”

Givony suggests some execs would like to see the NBA find a way to avoid having fewer than 60 picks in future drafts by redistributing any forfeited picks. For instance, a team that wins a midseason tournament could earn an extra second-round pick, or a forfeited pick could be awarded to the team that employs the winner of the league’s new Kareem Abdul-Jabbar Social Justice Champion award.

“How cool would it have been if (inaugural winner) Carmelo Anthony went up to the podium at the 60th pick and announced that the Portland Trail Blazers have drafted someone?” one Eastern Conference executive said to Givony. “That would have been a great moment at Barclays Center, shedding light on the work he’s done, and tying it to the start of a young player’s NBA career, who could maybe follow in his footsteps.”

Here are a few more odds and ends from around the basketball world:

  • Speaking to Doug Feinberg of The Associated Press, Spurs assistant Becky Hammon said she can’t wait for a time when it’s considered normal for NBA teams to interview and hire women for head coaching jobs. Hammon, one of the few women to receive head coaching consideration, added that she wants to be hired for the right reasons. “Please don’t hire me to check a box. That’s the worst thing you can do for me,” she said. “Hire me because of my skill sets and coaching, who am I as a person, hire me for those.”
  • Bobby Marks of ESPN (Twitter link) provides a breakdown of the projected tax penalties for the eight teams currently above the tax line. While some clubs may shed salary over the course of the season to reduce those bills, the current numbers are staggering, especially for the Warriors ($184MM), Nets ($131MM), and Clippers ($125MM).
  • Five-star prospect Jazian Gortman, a guard based in South Carolina whom ESPN ranks fifth in the 2022 recruiting class, has signed with Overtime Elite, the league announced on Wednesday in a press release.
  • RealGM has the details on the draft picks involved in a pair of Spurs trades – with the Pacers (Doug McDermott) and Bulls (DeMar DeRozan) – this week. Most notably, the first-round pick Chicago is sending San Antonio will be top-10 protected in 2025 and top-eight protected in two subsequent years. That pick would be pushed back by a year if the Bulls’ 2023 first-rounder falls within in its top-four protection and isn’t conveyed until 2024.