Indiana Pacers Rumors | Hoops Rumors

Pacers Sign Edmond Sumner

July 5th, 2017 at 6:49pm CST by ChrisCrouse

The Pacers have signed Edmond Sumner, according to the team’s website. The terms of the agreement were not disclosed, but Scott Agness of Vigilant Sports hears (Twitter link) that the deal will be for two seasons and it will be the team’s first ever two-way contract.

Each team is allowed to sign two players to two-way deals, as our Two-Way Contracts Glossary page shows. Players under these contracts will spend most of their time in the G-League since they are only allowed to be with their NBA club for at most 45 days.

The Pelicans selected Sumner with the No. 52 overall selection in the 2017 draft before shipping his rights to Indiana for cash considerations. The Pacers came out of the draft with three prospects, having selected T.J. Leaf and Ike Anigbogu with its two original selections.

Sumner played three seasons for Xavier, scoring 14.3 points per game in his final season with the school. He added 4.8 assists and 1.2 steals per contest during his junior season.

Pacers Waive Monta Ellis

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

5:03pm: The Pacers have officially waived Ellis, per the NBA’s transactions log. According to David Aldridge of TNT (via Twitter), Indiana will use the stretch provision on Ellis, stretching his cap hit across five years.

That will create nearly $9MM in extra 2017/18 cap room for the Pacers, which they could use to make an offer to Kelly Olynyk or another free agent.

4:16pm: Confirming that Ellis is being waived, Nate Taylor of The Indianapolis Star tweets that there’s no buyout involved in the transaction, meaning Indiana will remain on the hook for Ellis’ 2017/18 salary unless another team claims him, which is extremely unlikely.

4:06pm: The Pacers are waiving veteran guard Monta Ellis, according to Shams Charania of The Vertical (Twitter link). Charania’s report doesn’t include any additional details yet, but the two sides were said to be discussing a buyout earlier this week, so it seems they’ve reached an agreement.

Ellis entered the 2016/17 season having started 677 of 710 regular season games since his rookie season, but saw his role with the Pacers reduced last season, and started just 33 of 74 games. The 31-year-old averaged 8.5 PPG and 3.2 APG in 27 MPG, which all represented the lowest marks since his rookie season back in 2005/06.

The contract Ellis signed with Indiana back in 2015 called for him to make $11.227MM in 2017/18 and featured a player option worth $11.69MM in 2018/19. Ellis’ player option is currently non-guaranteed, however, so the Pacers will only be on the hook for his ’17/18 salary if no buyout was reached.

Ellis will be suspended for the first five games of next season for violating the league’s anti-drug policy, but that shouldn’t have a substantial impact on his market as he seeks his next team. He’ll be an unrestricted free agent after he officially clears waivers.

Photo courtesy of USA Today Sports Images.

Pacers, Nets, Others Interested In Kelly Olynyk

July 5th, 2017 at 2:36pm CST by Luke Adams

The Pacers, Nets, Kings, and Jazz are among the teams “coming on strong” for Kelly Olynyk, according to Sam Amick of USA Today, who reports (via Twitter)

Gordon Hayward‘s decision on Tuesday likely helped jump-start the market for several other free agents, but none were impacted as directly as Olynyk. In order to help create cap room for Hayward’s maximum salary contract, the Celtics withdrew Olynyk’s qualifying offer, making him an unrestricted free agent rather than an RFA.

Olynyk is now eligible to sign outright with a new team, which has created significant interest around the league. The Pacers, Nets, Kings, and Jazz all have cap room left over, and would each likely be able to offer more than the mid-level exception, though Brooklyn may want resolution on Otto Porter‘s offer sheet first, and Indiana is trying to shed some salary, per Amick.

Olynyk, 26, appeared in 75 regular season games for the Celtics last season, averaging 9.0 PPG and 4.8 RPG and once again showed off an ability to make an outside shot (.368 career 3PT%). His most memorable performance in Boston came in Game 7 of the Eastern Conference semifinals against the Wizards, when he helped the C’s seal the series with a 26-point outburst.

Western Rumors: Gasol, Faried, T-Wolves, Young

July 5th, 2017 at 12:33pm CST by Luke Adams

While a handful of Western Conference teams have made major roster moves so far this offseason, the Grizzlies have been fairly quiet. The team reached an agreement to sign Ben McLemore, but also lost Zach Randolph and has yet to lock up its other free agents like JaMychal Green and Tony Allen.

With their window of contention potentially closing, would the Grizzlies consider moving Marc Gasol? Two league executives suggest to Chris Mannix of The Vertical that Gasol is a player worth keeping an eye on as a possible trade candidate. Mannix’s note is tucked away in a larger piece about the Celtics‘ next moves, and as he points out, Gasol would make a lot of sense as a target for Boston. However, there’s no indication that any talks have happened or that Memphis is even considering such a roster shake-up, so it sounds like speculation at this point.

Here’s more from around the Western Conference:

Teams are calling the Nuggets to inquire about Kenneth Faried, tweets Alex Kennedy of HoopsHype. With Paul Millsap arriving in Denver, the Nuggets’ frontcourt is getting crowded, and the team probably wouldn’t mind getting out from under Faried’s contract, so a trade remains a possibility.
Darren Wolfson of 5 Eyewitness News, who reported on Tuesday that the Pacers might be interested in working out a sign-and-trade deal with the Timberwolves for C.J. Miles, suggests that Indiana is further along on a Miles sign-and-trade scenario with another team (Twitter link). Meanwhile, Minnesota is waiting on Nick Young, having made him a two-year offer that is likely worth the room exception, tweets Wolfson.
In other Timberwolves news, first-round pick Justin Patton won’t be participating in Summer League with the club, having suffered a foot fracture during a workout, the team announced on Tuesday. Patton underwent surgery to repair a broken fifth metatarsal in his left foot and will be sidelined indefinitely, per the team.

Free Agent Rumors: Wolves, Knicks, Waiters, Jazz

July 4th, 2017 at 10:09pm CST by Luke Adams

The Timberwolves were linked to free agent swingman C.J. Miles earlier today, but weren’t necessarily considered a probable landing spot for Miles due to the team’s lack of cap flexibility. However, according to Darren Wolfson of 5 Eyewitness News (Twitter link), who passed along the initial report on Miles, the Pacers are open to the idea of a sign-and-trade which would net them Cole Aldrich‘s contract and OKC’s 2018 first-round pick from Minnesota.

Both teams would have to agree on that sign-and-trade scenario, and of course Miles would also have to be on board, so there may be some snags along the way. But as Wolfson points out, there are ways for the Wolves to get creative if they really want to land Miles or another free agent.

Wolfson has more on the Wolves, tweeting that he has heard the team made an offer to Nick Young. That offer would likely be worth the $4.3MM room exception, and Young turned down a $5.67MM player option with the Lakers last month, so I’d be surprised if Minnesota’s offer is enough to land him, but the club clearly remains on the lookout for shooting help.

Here’s more on free agency:

The Knicks continue to stay in touch with free agent guard Dion Waiters, according to Ramona Shelburne of ESPN, who reports (via Twitter) that Waiters and Rajon Rondo remain on the Lakers‘ radar.
With Gordon Hayward and Otto Porter off the board, the Jazz have expressed interest in Rudy Gay, says Alex Kennedy of Basketball Insiders (Twitter link). As Royce Young of ESPN tweets, Patrick Patterson essentially took the deal that Gay was unwilling to with the Thunder, so OKC may be out, leaving the Heat and Jazz as the top contenders for Gay.
Having already brought back nearly all of their key free agents, the Warriors are also considered likely to re-sign Zaza Pachulia, according to Sam Amick of USA Today.
After a strong showing for the Pistons in Summer League play, Eric Moreland is believed to have received a multiyear contract offer from Detroit, tweets Steve Kyler of Basketball Insiders.

Monta Ellis, Pacers Discussing Buyout

July 3rd, 2017 at 8:56pm CST by Dana Gauruder

Monta Ellis and the Pacers are discussing a possible buyout, sources told Nate Taylor of the Indianapolis Star (Twitter link). The buyout could be completed later this month, Taylor adds.

It wouldn’t be a major surprise for Ellis to be seeking a better situation or to join a contender, considering his diminished playing time last season. Ellis, 31, started 81 games for Indiana in 2015/16 but started just 33 of 74 games last season. He averaged 8.5 PPG and 3.2 APG in 27 MPG, all career lows except for his rookie season of 2005/06 with the Warriors.

Ellis is due to make $11.2MM next season and holds a player option for $11.69MM in 2018/19.

A buyout would leave the Pacers a little thin at both guard positions even with the addition of Victor Oladipo in the blockbuster trade with the Thunder that shipped Paul George to the Western Conference. Indiana also agreed in principle to a two-year contract with point guard Darren Collison on Monday. Ellis knows he’d likely be a backup at either spot for a team in a rebuilding phase.

Ellis will be suspended for the first five games of next season for violating the league’s anti-drug policy.

Pacers Sign Darren Collison

July 3rd, 2017 at 7:07pm CST by Dana Gauruder

JULY 7: The Pacers have formally announced the signing of Collison.

“Having had Darren here in the past, we obviously knew what we were getting, both on the floor and in the locker room,” Pacers president Kevin Pritchard said in a statement. “When you bring in a player like Darren, you know you’re not only getting a point guard, you’re adding a veteran presence to your team.”

JULY 3: Point guard Darren Collison has agreed in principle on a two-year, $20MM contract with the Pacers, Adrian Wojnarowski of ESPN tweets. Collison averaged 13.2 PPG and 4.6 APG in 68 games, including 63 starts, with the Kings last season.

The second year is partially guaranteed, Sam Amick of USA Today tweets. The agreement leaves the Pacers with approximately $13MM in cap space, Zach Lowe of ESPN tweets.

This is Collison’s second stint with Indiana. He was their starting point guard during the 2010/11 and 2011/12 seasons.

Indiana had a big hole to fill at that spot after Jeff Teague reached a three-year, $57MM agreement with the Timberwolves. They also have combo guards Monta Ellis and Victor Oladipo, who will be coming over from the Thunder in the Paul George deal.

The Knicks reached out to Collison but their interest was apparently lukewarm at best.

Collison served an eight-game suspension at the start of last season after a domestic battery incident. He has appeared in 563 career games, averaging 12.7 PPG and 4.8 APG while shooting 38% from long range.

The addition of Collison appears to be a stopgap move for a rebuilding Pacers club in the aftermath of trading their best player.

Photo courtesy of USA Today Sports Images.

Pacers Sign T.J. Leaf To Rookie Contract

July 3rd, 2017 at 1:58pm CST by Luke Adams

The Pacers have signed forward T.J. Leaf to this rookie contract, according to the NBA’s official transactions log. The team hasn’t officially announced the signing, but it appears Leaf made things official on Saturday before making his Summer League debut on Sunday.

Leaf, the 18th overall pick in last month’s draft, will be joining the Pacers as the club retools its roster, perhaps entering a full-fledged rebuilding phrase. He should have an opportunity to earn some frontcourt minutes in his rookie year for Indiana, alongside promising young bigs like Myles Turner and Domantas Sabonis.

An early entrant in this year’s draft, Leaf is coming off an impressive freshman campaign at UCLA in which he averaged 16.3 PPG, 8.2 RPG, 2.4 APG, and 1.1 BPG. He was also incredibly efficient from the floor, shooting 61.7% on field goal attempts, including 46.6% on threes.

Leaf’s rookie deal figures to be worth just over $2MM in year one, with a four-year total of more than $11.5MM, as our breakdown of this year’s rookie scale shows.

Raptors, Pacers Discuss Cory Joseph Trade

July 2nd, 2017 at 11:19am CST by Luke Adams

11:19am: The Raptors are seeking draft-pick compensation in exchange for Joseph in talks with the Pacers, writes Scotto in his full report for Basketball Insiders. With Ibaka returning to Toronto and Lowry a good bet to follow suit, the club is looking to clear salary.

10:13am: The Raptors and Pacers are engaged in discussions on Joseph, Chris Haynes of ESPN.com confirms (via Twitter).

9:53am: The Raptors have had discussions about a trade that would send point guard Cory Joseph to Indiana, reports Michael Scotto of Basketball Insiders (Twitter link). Based on the wording of Scotto’s report, it’s possible those discussions are simply internal ones for the Raptors, but I would imagine both teams have been involved in the talks.

Joseph, who will turn 26 next month, has played for the Raptors since 2015 after spending the first four years of his NBA career in San Antonio. He has steadily increased his production along with his playing time in each of his NBA seasons, averaging new career bests in PPG (9.3) and APG (3.3) with a .452/.356/.770 shooting line last season. Primarily a backup for Kyle Lowry in Toronto, Joseph stepped into the starting lineup down the stretch when Lowry was sidelined with a wrist injury.

If the Raptors are willing to consider moving Joseph, it may be a sign that the team believes Lowry will return. We heard on Saturday night that there’s a “growing sense” among NBA executives that the star point guard will remain in Toronto. If the Raps end up re-signing Lowry and trading Joseph, the team would likely lean on youngsters Delon Wright and Fred VanVleet as its backups at the point.

As for the Pacers, they’re in the market for point guard help after losing Jeff Teague, who has committed to sign with the Timberwolves. One report this weekend suggested Indiana is targeting players who haven’t necessarily reached their full potential with their current teams — Joseph, who has been solid but unspectacular for the Spurs and Raptors, may fit that bill.

Joseph, who will earn $7.63MM in 2017/18, has one guaranteed year left on his deal, with a $7.945MM player option for 2018/19. Moving his contract could help Toronto avoid going way over the tax line if the club reaches new deals with Lowry and Serge Ibaka.

Free Agent Rumors: Ibaka, Bogdanovic, Knicks

July 2nd, 2017 at 9:19am CST by Luke Adams

Addressing NBA-wide speculation that he’s older than his listed age of 27, Raptors free agent big man Serge Ibaka issued a statement expressing disappointment with the media for “prejudices” based on his origin. Within his written statement, Ibaka suggested that he needs to take a stand against the “false assumption” that has been circulating.

“I was born in the capital of the Republic of Congo, Brazzaville,” Ibaka wrote. “A city with a population bigger than 1 million. A city with hospitals, a civil registry, and an administration. I was born in a caring, loving and united family. I was not born in the jungle.”

Here’s more on free agency:

In addition to the Hawks, the Kings and Nuggets are among the teams showing legitimate interest in Wizards RFA sharpshooter Bojan Bogdanovic, tweets Chris Haynes of ESPN.com. Bogdanovic landing in Sacramento would be a fun scenario for play-by-play commentators, since the Kings have already reached a deal with Bogdan Bogdanovic.
Multiple agents who have been in touch with the Knicks get the impression that the team wants to add younger players and is reluctant to spend big money on a single free agent, writes Ian Begley of ESPN.com. That could mean that New York’s reported interest in George Hill has waned.
As they explore the free agent market, the Pacers intend to target young players with upside who may not have reached their full potential with their previous teams, says Nate Taylor of The Indianapolis Star. Victor Oladipo and Domantas Sabonis fit that bill, according to Taylor, who hears from a source that Pacers president Kevin Pritchard has “coveted Oladipo for years.”
Steve Bulpett of The Boston Herald lays out why the Celtics badly need to land Gordon Hayward this week. As Bulpett explains, Boston’s cap room will no longer be available next summer when new deals are due for Isaiah Thomas and perhaps Marcus Smart and Avery Bradley as well, meaning 2017 is likely the team’s last and best chance to land a top-tier free agent.