Pacers Rumors

Pacers Sign First-Rounder Aaron Holiday

The Pacers have signed first-round pick Aaron Holiday to his rookie scale contract, according to a press release issued by the team.

Holiday, the younger brother of NBA players Jrue Holiday and Justin Holiday, enjoyed a major breakout season at UCLA in 2017/18, increasing his scoring average by eight points per game to 20.3 PPG. That mark tied him with Arizona’s Deandre Ayton for the Pac-12 scoring lead. Holiday also chipped in 5.8 APG and 3.7 RPG, shooting 42.9% on three-point attempts.

The Pacers selected Holiday with the 23rd overall pick in the 2018 draft, which will put him in line for a first-year salary of approximately $1.91MM. That figure represents the maximum allowable 120% of the rookie scale amount for the No. 23 pick in 2018/19.

Like all other first-rounders who sign rookie scale contracts, Holiday will get two guaranteed years, with team options in years three and four.

Free Agent Notes: Stephenson, Tolliver, McGee, O’Quinn

Plenty of teams will have interest in Lance Stephenson once the higher-profile free agents are signed, tweets Darren Wolfson of 5 Eyewitness News. The Pacers remain open to bringing back the 27-year-old swingman after declining their team option on him this week. Wolfson lists the Timberwolves, Knicks, Sixers and Lakers as other interested teams, but says there are more.

Stephenson appeared in all 82 games for Indiana this season, averaging 9.2 points per night. He would have made $4.36MM in 2018/19 if the Pacers had picked up his option.

There’s more free agent news to pass along:

  • Timberwolves coach/executive Tom Thibodeau has talked to Pistons free agent Anthony Tolliver, according to Wolfson (Twitter link). Tolliver shot 44% from 3-point range this season, and Minnesota sees him as a possible replacement for Jamal Crawford. The Wolves also like his locker room presence, which could be valuable if Cole Aldrich doesn’t come back.
  • JaVale McGee has said he wants to return to the Warriors, but he is also getting interest from the Lakers, Pelicans and Thunder, tweets TNT’s David Aldridge. Because of luxury tax concerns, Golden State is unlikely to offer more than a veteran’s minimum contract, while the other teams have more financial flexibility. McGee averaged 4.8 PPG and 2.6RPG this season, but his numbers rose after he became a starter after the All-Star break. This is the third straight summer of free agency for McGee, who has spent the past two seasons with the Warriors.
  • The new contract for Luke Kornet is a sign that Kyle O’Quinn won’t return to the Knicks, according to Marc Berman of The New York Post. He adds that the Sixers are showing “heavy interest” in O’Quinn, who spent the past three years in New York as a backup center.
  • The Knicks are hoping to re-sign Isaiah Hicks, who was on a two-way contract this season, tweets ESPN’s Ian Begley. New York gave him a qualifying offer last week, making him a free agent and giving the team the right to match any offer. Hicks appeared in 18 NBA games, averaging 4.4 points per night.
  • A scheduled meeting between Lakers guard Kentavious Caldwell-Pope and the Clippers has been moved from today to Monday, tweets Chris Haynes of ESPN.

Free Agent Rumors: LeBron, Capela, Pelicans, Hood

While several key free agents – including Paul George and Chris Paul – reached agreements in the early hours of free agency, LeBron James wasn’t among that group. Still, there’s a little news on James.

According to ESPN’s Dave McMenamin (via Twitter), Cavaliers general manager Koby Altman spoke to both James and agent Rich Paul on the phone when free agency began. Joe Vardon of Cleveland.com first reported (via Twitter) that the discussion was expected to happen.

The specifics of that conversation aren’t known, but the Cavaliers are still believed to be in the mix to sign the summer’s top free agent, though the Lakers are widely considered favorites.

Here are a few more free agent updates from around the NBA:

  • The Rockets‘ front office will meet with Clint Capela and his representatives on Sunday in Los Angeles, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Capela figures to be Houston’s top priority in free agency now that the team has reached a deal with Chris Paul.
  • Pelicans GM Dell Demps has asked some of his current players to reach out to free agent Tyreke Evans about the possibility of returning to New Orleans, tweets John Martin of 92.9 ESPN. Evans would be a mid-level exception candidate for the Pels.
  • Rodney Hood received calls from approximately six teams early in free agency, sources tell Jordan Schultz of Yahoo Sports (Twitter link). Hood is a restricted free agent, so the Cavaliers can match any offer sheet he signs.
  • The Timberwolves, Rockets, Knicks, and Spurs have all shown interest in Trevor Booker, according to Alex Kennedy of HoopsHype, who tweets that a return to the Pacers is also still in play for the veteran forward.
  • Tyrone Wallace, who spent last season on a two-way contract with the Clippers, has generated interest from about a half-dozen teams, tweets ESPN’s Bobby Marks. Wallace received a qualifying offer from the Clips, who will be able to match any offer sheet he signs.

Pacers Sign Doug McDermott To Three-Year Deal

JULY 6: McDermott’s contract is now official, according to a press release from the Pacers. “In Doug’s case, we were looking for elite shooting, but we were also impressed with how he moves without the ball and his spot-up shooting,” said president of basketball operations Kevin Pritchard.

JUNE 30: The Pacers have agreed to a three-year, $22MM deal with Doug McDermott, Adrian Wojnarowski of ESPN tweets. The small forward comes off of a year split between the Knicks and the Mavs.

In McDermott, the Pacers will add a solid perimeter threat with size. The 6’8″ forward is a career .403 three-point shooter and posted a .494 average in 26 games with Dallas.

Despite his solid stint with the Mavericks, McDermott was not made a restricted free agent this summer. Dallas initially tendered a qualifying offer to the veteran sharpshooter, but withdrew it shortly thereafter, ensuring that McDermott would be unrestricted. The Mavs intended to use a significant chunk of cap room on DeAndre Jordan, and didn’t want to carry McDermott’s $10MM cap hold on their books.

McDermott will add valuable depth to Indiana’s rotation, slotting in behind starting three Bojan Bogdanovic. Meanwhile, the Pacers should still have cap room available to add another player or two.

Pacers May Pursue Doug McDermott, Joe Harris

With Will Barton expected to re-sign in Denver, the Pacers will turn their attention to Doug McDermott and Joe Harris, tweets ESPN’s Adrian Wojnarowski.

McDermott, 26, became a free agent on Wednesday when the Mavericks withdrew their qualifying offer. He split this season between New York and Dallas, playing 26 games for the Mavs after a February trade and averaging 9.0 points per night while shooting 49% from 3-point range.

Harris, also 26, is coming off his best NBA season. He averaged 10.8 points and shot 42% on 3-pointers in 78 games for the Nets.

Jabari Parker Likely To Leave Bucks?

The Kings are just one of the teams expected to make a run at Jabari Parker, and some executives within the league view the former No. 2 overall pick to be among the small tier of players below stars such as LeBron James and Paul George.

“Hey, he’s a good player; I mean he’s a really good player,’’ an NBA executive told Gary Woelfel (via Woelfel’s Press Box). “And he’s young.’’

Parker is a restricted free agent, meaning the Bucks can match any rival offer he receives. One longtime NBA executive expects the 23-year-old to see a rather lucrative deal.

“I think some teams will give him $20MM [per season] and there might be some teams that will make it tough on Milwaukee to match and offer him even more,’’ the NBA official tells Woelfel.

“I think Milwaukee would like to keep him for $16MM or something around that figure, trying to use his injury situation to their advantage. But there are teams that need a big-time scorer and nobody doubts he’s a big-time scorer.’’

Another NBA executive speculated that the Sixers could make an offer for Parker should they fail to land a bigger target like James, George or Kawhi Leonard. Woelfel names the Bulls, Jazz, Pacers, Hawks, Suns, and Nets as possibilities as well.

Other NBA executives who spoke with Woelfel believe a sign-and-trade is a more likely scenario for the combo forward. That route would be Milwaukee’s preference rather than being forced to decide between signing Parker to a player-friendly contract or losing him for nothing. “It’s no secret” that the Bucks would be open to receiving an upgrade at point guard or center in such an agreement, Woelfel adds.

The Rockets and Clippers are both high on Parker and could be possibilities if a sign-and-trade were to occur, though it would be hard for Houston to complete a deal and stay under the tax apron if the team retains its own key free agents. Los Angeles and Milwaukee had discussions about Parker at last year’s trade deadline.

Parker likes Milwaukee and he reportedly paid around $1.5MM to redo the warehouse he currently lives in, according to Woelfel’s sources. Those same sources tell the scribe that despite Parker being comfortable in his current situation, it’s more likely he leaves then stays.

“He loves the people there; he loves the city,” the source said. “But I don’t see him staying there. If you’re asking me, it’s 75-25 he goes to another team.’’

Many dominos, such as James coming out of his decision cave, are likely to fall before Parker inks his next contract with a source estimating that a deal won’t take place until late-July or early-August.

Image courtesy of USA Today Sports.

Pacers To Guarantee Bojan Bogdanovic’s Salary

JUNE 29: The Pacers are guaranteeing Bogdanovic’s $10.5MM salary for the 2018/19 season, league sources confirm to Shams Charania of Yahoo Sports (Twitter link). Today was the deadline for Indiana to waive Bogdanovic in order to avoid that guarantee.

JUNE 24: The Pacers plan to retain veteran forward Bojan Bogdanovic through his salary guarantee date later this week, a source familiar with the team’s plans tells Ben Gibson of 8Points9Seconds.com.

Having signed a two-year deal with Indiana last summer, Bogdanovic is under contract for the 2018/19 season, but his $10.5MM salary is currently only partially guaranteed for $1.5MM. The club could clear $9MM from its books for next season by waiving him before June 29, but apparently has no plans to do so.

[RELATED: NBA Salary Guarantee Dates For Summer 2018]

The Pacers’ intentions for Bogdanovic come as no surprise, since the former second-round pick excelled during his first season with the team, setting new career highs in PPG (14.3), FG% (.474), and 3PT% (.402), among other categories. Bogdanovic started 80 regular season games for Indiana, and the club would be comfortable keeping the 29-year-old in the starting lineup entering the 2018/19 campaign, Gibson writes.

Bogdanovic’s contract is structured similar to Darren Collison‘s, and the Pacers reportedly plan on guaranteeing the point guard’s 2018/19 salary as well. Keeping both players on the roster will reduce Indiana’s potential cap room this July, but the team should still have a good amount cap flexibility.

Even if Bogdanovic’s and Collison’s salaries become fully guaranteed and Thaddeus Young‘s player option is exercised, the Pacers’ guaranteed salaries for 2018/19 would only total about $78.6MM. The club also barely has any guaranteed money on its 2019/20 cap.

Photo courtesy of USA Today Sports Images.

Pacers Decline Team Option On Joe Young

The Pacers have decided not to exercise Joe Young‘s option for the 2018/19 season, reports ESPN’s Adrian Wojnarowski (via Twitter). The move ensures that Young will become a free agent on July 1.

Indiana could technically still issue a qualifying offer to Young to make him a restricted free agent, but that seems unlikely. Assuming today’s deadline passes with no qualifying offer from the Pacers, the 26-year-old will be unrestricted on Sunday.

Young, who spent three seasons in Indiana, appeared in 127 total games for the club, but never played major minutes, averaging only 8.5 MPG. In 2017/18, he averaged 3.9 PPG and 1.2 RPG in 10.5 MPG, with a .430/.379/.759 shooting line.

The Pacers are one of the only NBA playoff teams projected to have cap room this offseason. Having been linked to a handful of free agent targets, Indiana will now have a little more flexibility to make offers with Young off the books for 2018/19.

Oladipo Talks Pacers' Free Agency Outlook

  • Victor Oladipo is bullish on the Pacers‘ outlook and sounds like he’d be willing to get involved in recruiting free agents to Indiana, writes Clifton Brown of The Indianapolis Star. However, Oladipo doesn’t expect to be involved in the front office’s decision-making process. “If they ask me, I guess I’ll give them my input,” Oladipo said with a smile. “But for the most part, I just focus on getting better.”

Pacers Among Suitors For Jerami Grant?

The Bulls, Pacers, and Magic are among the teams expected to push the Thunder for free agent forward Jerami Grant, a source tells Jordan Schultz of Yahoo Sports (Twitter link). Grant emerged as a key bench piece for Oklahoma City in 2017/18, averaging 8.4 PPG and 3.9 RPG with a .535 FG%. However, the Thunder may be hard-pressed to retain him if Paul George returns, since the club would be well over the tax line, making a competitive offer for Grant worth exponentially more expensive due to potential tax penalties.