Indiana Pacers Rumors | Hoops Rumors

Pacers Sign Second-Rounder Ike Anigbogu

July 12th, 2017 at 1:54pm CST by Luke Adams

The Pacers have signed rookie big man Ike Anigbogu to his first NBA contract, the team announced today in a press release. Anigbogu first broke the news himself, posting a photo on Instagram that showed him putting pen to paper and confirming that he had “made it official.”

[RELATED: 2017 NBA Draft Pick Signings]

Anigbogu, 18, entered the draft this spring after just one season at UCLA. Many draft experts are high on the young center’s potential, with Jonathan Givony of DraftExpress ranking him 15th on his big board.

However, Anigbogu didn’t play much during his lone season with the Bruins (4.7 PPG and 4.0 RPG in 13.0 MPG) and is viewed as a very raw prospect. Health concerns also surround Anigbogu, with questions about his knee likely contributing to his fall on draft night. The Pacers ultimately selected the rookie with the 47th overall pick in the draft.

Terms of the deal weren’t disclosed, but Indiana has the cap room necessary to sign Anigbogu to a deal longer than two years and worth more than the minimum, if the team so chooses. For comparison’s sake, the Pacers’ second-round pick in 2016 – Georges Niang – received a three-year contract worth slightly more than the minimum — it was fully guaranteed for one year with a small partial guarantee in year two. Niang was the 50th overall pick.

Pacers Sign Bojan Bogdanovic

July 10th, 2017 at 10:48pm CST by Luke Adams

JULY 10th, 10:48pm: Bogdanovic has officially signed with the team, according to a Pacers press release.

JULY 7th, 1:48pm: The Pacers have agreed to sign Bojan Bogdanovic to a two-year, $21MM contract with a partial guarantee in year two, reports ESPN’s Adrian Wojnarowski (Twitter links). The news comes right on the heels of a report that the Wizards pulled Bogdanovic’s qualifying offer, making him an unrestricted free agent.

Bogdanovic, 28, enjoyed the best season of his NBA career in 2016/17, starting 54 games for the Nets before being sent to the Wizards at the trade deadline. For the season, the 6’8″ swingman averaged 13.7 PPG and 3.4 RPG, with a .445/.367/.893 shooting line. He also chipped in 8.8 PPG and 4.3 RPG in 13 playoff games for Washington.

After receiving a qualifying offer from the Wizards, Bogdanovic entered July as a restricted free agent. However, Washington’s priority was to retain Otto Porter, and the team is now poised to match an offer sheet for Porter from the Nets. That put Bogdanovic out of the Wizards’ price range, particularly after the club agreed to sign a lower-cost replacement in Jodie Meeks.

Reports earlier in free agency pegged Bogdanovic’s asking price at $16MM per year over three or four seasons, which might have been attainable last summer, but was never realistic in this year’s market. The Pacers will get him at a $10.5MM annual salary, and will have an out for the second year if things don’t work out in Indiana in 2017/18. The new-look Pacers likely envision Bogdanovic as a replacement for C.J. Miles, who remains on the free agent market.

The Pacers will use cap room to sign Bogdanovic, and won’t have a whole lot of space left after also having signed Darren Collison to a deal that looks similar to Bogdanovic’s. Based on my rough calculations, Indiana’s team salary will be at around $94MM after officially adding Bogdanovic.

Finally, it’s worth noting that Bojan Bogdanovic is not the same player as Bogdan Bogdanovic, who has agreed to a three-year deal with the Kings.

Photo courtesy of USA Today Sports Images.

Free Agent Rumors: Dedmon, Teague, Timberwolves, Heat

July 10th, 2017 at 9:54pm CST by Dana Gauruder

The Hawks are interested in free agent center Dewayne Dedmon, Michael Scotto of Basketball Insiders tweets. They are also looking at Willie Reed, Scotto passes along in the same tweet via Alex Kennedy of HoopsHype. The Nets and Celtics have also been mentioned as possibilities for Dedmon, who played for the Spurs last season. Reed, who played for the Heat last season, met with the Clippers on Friday and has drawn interest from several other clubs.

In other developments involving free agency:

The Kings and Nuggets along with his former team, the Pacers, were interested in Jeff Teague before he signed with the Timberwolves, Darren Wolfson of KSTP-TV tweets via his colleague Joe Schmit. The Kings wound up signing point guard George Hill, while the Nuggets spent most of their free agent money on power forward Paul Millsap. Teague signed a three-year, $57MM deal with Minnesota.
Timberwolves coach and president of basketball operations Tom Thibodeau is still shopping for two wings and a point guard to upgrade their bench, Wolfson notes in a separate tweet. However, Thibodeau has likely filled one of those wing spots with Jamal Crawford, who agreed to a two-year contract after negotiating a buyout agreement with the Hawks and being placed on waivers. Crawford has cleared waivers and is expected to sign sometime this week, Chris Haynes of ESPN tweets.
The Heat are in discussions with forwards Luke Babbitt and Udonis Haslem, according to an Associated Press report. Those deals, if completed, would likely be veteran minimum, the report adds. Babbitt appeared in 68 games, including 55 starts, for the injury-depleted Heat last season. Haslem saw action in just 16 games.

NBA Teams With Cap Room Remaining

July 10th, 2017 at 11:08am CST by Luke Adams

We’re only on the 10th day of the NBA league year, but already, the number of teams with cap room still available is dwindling.

Clubs without cap room remaining could create space at some point — the Knicks, for instance, used the last of their cap room to finalize Tim Hardaway‘s offer sheet, but may try to clear salary by trading Carmelo Anthony and/or Courtney Lee. For now though, only a handful of teams have a useful amount of cap space left.

Those teams with cap room are listed below, along with an informal breakdown of what their situation looks like. Many deals haven’t yet been finalized, so these figures our based on our projections, with the help of information from Basketball Insiders and HeatHoops.

Teams with cap room remaining:

Atlanta Hawks: With agreed-upon deals for Mike Muscala and Tyler Dorsey not yet official, the Hawks retain about $18-19MM in cap room. And that’s not counting whatever amount of money Jamal Crawford was willing to give up in his buyout, so that figure may creep a little higher.
Brooklyn Nets: The Nets remain in a holding pattern with Otto Porter, but after he officially moves over to the Wizards’ books and Brooklyn completes its trade for DeMarre Carroll, the team should have about $16-17MM in cap room. The Nets could create a little more space by waiving one or more non-guaranteed players.
Denver Nuggets: Once the Nuggets’ signing of Paul Millsap becomes official, the team won’t have much cap flexibility left, though that could change if Mike Miller is waived and/or Mason Plumlee is renounced. If both of those players remain on the cap, Denver will only have about $2MM in room. If they move on from both players, the Nuggets could get up to about $11MM+ in space.
Indiana Pacers: Assuming the Pacers stretch Monta Ellis‘ salary, as has been reported, they should have in the neighborhood of $7-8MM in remaining cap room, even after finalizing the acquisitions of Darren Collison, Bojan Bogdanovic, and Cory Joseph.
Los Angeles Lakers: The Lakers have approximately $17MM in cap room left, though they’d have to renounce their remaining unrestricted free agents to make use of all that space.
Orlando Magic: The Magic could have retained their exceptions and cap holds and stayed over the cap, but it looks like they’re operating under the cap, signing Shelvin Mack with room instead of the mid-level exception. Orlando doesn’t have much space available, but could get up to $8MM+ in room by waiving C.J. Watson, and could increase that number a little more by cutting other non-guaranteed players.
Philadelphia 76ers: The Sixers’ remaining cap room will depend on the exact numbers for J.J. Redick and Amir Johnson, but it figures to be in the neighborhood of $16-17MM.
Phoenix Suns: Alex Len‘s $12MM+ cap hold is a significant factor in the Suns’ remaining cap room. If they were to renounce Len, the Suns could get up to about $23MM in room, with the ability to create even more by waiving non-guaranteed contracts. However, if they keep Len on the books, Phoenix’s cap room is below $11MM, and will be reduced further when Alan Williams‘ new deal becomes official.
Sacramento Kings: Deals for George Hill, Zach Randolph, Vince Carter, and Bogdan Bogdanovic will use up most of the Kings’ space, but the team should still have room in the $8-10MM range after those signings become official.

Teams that went under the cap, but have used all (or virtually all) of their room:

Boston Celtics
Miami Heat
Minnesota Timberwolves
New York Knicks

These teams went below the cap this summer to accommodate big-money moves. In some cases, those deals aren’t yet official, but when they’re finalized, they’ll eliminate any cap room these teams have left. A couple of these clubs have already committed their room exception to certain players, with the Celtics on track to sign Aron Baynes and the Wolves lining up a deal with Jamal Crawford.

Teams that are operating over the cap, but could create some cap room:

Chicago Bulls
Dallas Mavericks
Utah Jazz

These teams are currently operating as over-the-cap clubs in order to retain their full mid-level, bi-annual, and trade exceptions, but there could be scenarios in which it makes more sense to renounce those exceptions and dip below the cap.

In the Bulls’ and Mavs’ cases, it would likely only happen if they don’t retain top RFAs (Nikola Mirotic and Nerlens Noel, respectively). Meanwhile, the Jazz could only create up to about $12MM in room if they were to waive their non-guaranteed contracts and wait to sign Joe Ingles.

Note: Items on Indiana Pacers and Orlando Magic were edited after publication to adjust figures.

C.J. Miles Headed To Toronto In Sign-And-Trade

July 9th, 2017 at 12:35pm CST by Arthur Hill

The Pacers and Raptors have agreed to a sign-and-trade deal that will send free agent C.J. Miles to Toronto, tweets Adrian Wojnarowski of ESPN.com. Miles will sign a three-year deal with the Raptors worth about $25MM that contains a player option for the final season.

The trade cannot be completed until Toronto moves some salary by sending DeMarre Carroll to Brooklyn, Wojnarowski notes (Twitter link). That deal is contingent on the Wizards matching the Nets’ offer sheet to Otto Porter, which they have announced they will do. However, provisions for Porter’s physical could delay the matching process to as late as Wednesday.

The Miles trade will send point guard Cory Joseph to Indiana in return, Wojnarowski adds (Twitter link).

Joseph, who turns 26 next month, played in 80 games for the Raptors last season, averaging 9.3 points and 3.3 assists, mostly as a combo guard off the bench. He will make $7.66MM next season and has a player option worth $8MM for 2018/19. He’ll team with newly-signed Darren Collison as Indiana looks to replace Jeff Teague at the point guard position.

Miles, a 30-year-old swingman, will serve as a replacement for Carroll and provide Toronto with some additional outside shooting. A 12-year veteran, Miles is coming off another productive season — in 76 games, he averaged 10.7 points and 3.0 rebounds, and shot a career-best 41.3% on three-pointers. He will be getting a raise from the $4.58MM he made last season.

The Raptors will be hard-capped at $125.266MM for the 2017/18 league year as a result of acquiring a player in a sign-and-trade deal, and may also have to rely on a pair of youngsters – Delon Wright and Fred VanVleet – as the backup point guards behind Kyle Lowry.

Photo courtesy of USA Today Sports Images.

Darren Collison Contract Details

July 8th, 2017 at 8:48am CST by Luke Adams

The second year of Darren Collison‘s contract with the Pacers is only partially guaranteed. Currently, $2MM of his $10MM second-year salary is guaranteed (Twitter link).

Atlantic Rumors: Celtics, Crowder, Knicks, Buycks

July 7th, 2017 at 3:36pm CST by Luke Adams

In the wake of today’s trade with the Pistons that sends Avery Bradley to Detroit, the Celtics have no intention of moving Jae Crowder and have no “pressing” deals on the go, reports Adam Himmelsbach of The Boston Globe (Twitter links). Himmelsbach adds that Boston will look to use its room exception, and the team never rules out the possibility of more dealing, as Mark Murphy of The Boston Herald tweets. For now, though, nothing appears imminent.

One player who could be a candidate for the Celtics’ room exception is free agent center Dewayne Dedmon. Jabari Young of The San Antonio Express-News suggests (via Twitter) that he kept hearing at the Utah Summer League how intrigued the Celtics are by Dedmon. However, it’s not clear if that interest is mutual, particularly given Boston’s cap limitations.

Here’s more from around the Atlantic:

Asked today about the trade rumors surrounding Paul George, Pacers president Kevin Pritchard told reporters that the rumored offers from the Celtics and other teams were only about 5% correct (Twitter link via Matt Glenesk of The Indianapolis Star).
The Knicks were impressed by guard Dwight Buycks‘ performance in Summer League and are interested in signing him to their offseason roster, sources tell Ian Begley of ESPN.com. Buycks helped lead the Mavericks’ squad to an Orlando Summer League title this week.
The Knicks‘ offer sheet for Tim Hardaway Jr. includes the same advance salary structure as Otto Porter‘s deal with the Nets, tweets ESPN’s Zach Lowe. Hardaway’s deal calls for 50% of his annual salary to be paid by October 1 annually.
Veteran guard Sergio Rodriguez, who spent the season with the Sixers, prefers to remain in the NBA. However, CSKA Moscow is making a push to lure him back overseas, according to Nikos Varlas of Eurohoops. The Russian club lost Milos Teodosic to the Clippers in free agency.

Bojan Bogdanovic’s Becomes UFA; Pacers Make Push

July 7th, 2017 at 1:45pm CST by Luke Adams

1:45pm: The Pacers have emerged as the frontrunners to sign Bogdanovic, according to ESPN’s Adrian Wojnarowski (via Twitter).

1:36pm: The Wizards have withdrawn their qualifying offer on Bojan Bogdanovic, giving up their right of first refusal on the free agent forward, tweets TNT’s David Aldridge. As a result of the move, Bogdanovic will be an unrestricted free agent and can sign outright with any team.

Bogdanovic, 28, enjoyed the best season of his NBA career in 2016/17, starting 54 games for the Nets before being sent to the Wizards in a deadline deal. For the season, the 6’8″ swingman averaged 13.7 PPG and 3.4 RPG, with a .445/.367/.893 shooting line.

Despite his solid production, Bogdanovic isn’t viewed as an elite two-way player, so it came as a bit of a surprise when one report indicated he was seeking $16MM annually over three or four years. That sort of money may have been available for a player like Bogdanovic in free agency a year ago when nearly every team had cap room, but the market hasn’t been as prosperous this time around.

Sean Deveney of The Sporting News suggested on Thursday that Bogdanovic’s price tag was “quickly dropping,” though perhaps becoming unrestricted will help. The Hawks, Kings, and Nuggets were among the teams showing interest earlier in free agency — it’s not clear if they’re all still in the mix.

The Wizards are poised to match the Nets’ offer sheet for Otto Porter and reached a deal with Jodie Meeks earlier this week, which made Bogdanovic the odd man out in D.C.

Pacers Waive Rakeem Christmas

July 6th, 2017 at 5:03pm CST by Luke Adams

5:03pm: The Pacers have officially waived Christmas, per the NBA’s transactions log.

10:17am: In his full story on Christmas’ pending release, Agness clarifies that the forward’s salary would have become guaranteed if he remained under contract beyond July 6, which is why the team is making the move today.

10:03am: The Pacers plan to waive Rakeem Christmas before the end of the day on Thursday, league sources tell Scott Agness of Vigilant Sports (Twitter link).

Christmas, 25, made his NBA debut for the Pacers in 2015/16, then appeared in 29 regular season games for the team last season. Christmas saw limited minutes in those games, averaging 2.0 PPG and 1.9 RPG in 7.6 minutes per contest.

Christmas’ 2017/18 salary, worth the minimum, was reportedly only guaranteed for $50K, per Basketball Insiders, so the Pacers will clear most of it from their cap. The 6’9″ forward’s full salary was scheduled to become guaranteed on August 1.

The Pacers waived Monta Ellis on Wednesday, stretching his contract in order to create nearly $9MM in cap room for 2017/18. The team also renounced its free agent rights to Aaron Brooks, Lavoy Allen, and Jeff Teague, per RealGM’s transactions log.

Teague has a deal lined up with Minnesota, so that move isn’t a surprise, but there didn’t seem to be any pressing need to renounce Brooks or Allen. There also was no apparent rush to cut Christmas quite yet, so it’s possible the Pacers have a move or two up their sleeves with their newly-expanded cap room.

Southeast Notes: Meeks, Porter, Reed, Magic

July 6th, 2017 at 2:56pm CST by Arthur Hill

The Wizards will use their mid-level exception instead of their bi-annual exception to sign Jodie Meeks, tweets Tim Bontemps of The Washington Post. The change was made to avoid being hard-capped by the expected re-signing of Otto Porter. Meeks will still receive $7MM over two seasons; the money will just come from a different source (Twitter link). The Wizards still haven’t received the Nets’ offer sheet for Porter, adds J. Michael of CSNMidAtlantic (Twitter link).

There’s more from the Southeast Division:

The Clippers, Warriors, Hawks, Sixers and Pacers all remain in the market for Heat back-up center Willie Reed, tweets David Aldridge of TNT. Miami also hopes to re-sign him.
The Magic’s new management team is taking a cautious attitude toward rebuilding, relays Josh Robbins of The Orlando Sentinel. Orlando has been quiet during the first week of free agency, despite coming off a 29-53 season and having up to $15.1MM available to spend. “There’s a lot less money in the free-agent market this year than there was last year,” said Jeff Weltman, the team’s new president of basketball operations. “And so, the approach that we’ve taken is to kind of wait and see how some of that shakes out towards the next phase of free agency and see which players we may be able to get into discussions with at that point. But we’ve been touching base with a lot of guys and just kind of gauging the market.”
The Hornets have promoted Buzz Peterson to assistant GM, the team announced on its website. A former standout at North Carolina and a head coach at five colleges, Peterson had been serving as the Hornets’ senior advisor to basketball operations. “He brings a wide breadth of basketball knowledge to the position, having been involved in the game at various levels for close to three decades,” said Charlotte GM Rich Cho. “I’m excited to be working more closely with Buzz in his new role and look forward to his continued contributions to our basketball team.”