Indiana Pacers Rumors | Hoops Rumors

Siakam Trade Notes: Anunoby, Haliburton, Draft Pick Details, More

January 18th, 2024 at 7:45am CST by Luke Adams

Before OG Anunoby was sent from Toronto to New York last month, the Pacers actually had interest in attempting to land both Anunoby and Pascal Siakam from the Raptors, ESPN’s Adrian Wojnarowski said during an appearance on NBA Countdown on Wednesday night (YouTube link).

Indiana ultimately wasn’t willing to pay the price it would have taken to acquire both Raptors forwards, but the club “stayed on” Siakam even after Anunoby was off the board, according to Wojnarowski, who explains that the Pacers were willing to pull the trigger on the deal with Toronto due to their confidence that they’ll be able to re-sign the 29-year-old as a free agent this summer — likely at a maximum-salary price.

Wojnarowski adds that Siakam and Pacers point guard Tyrese Haliburton have been talking and are “both enthusiastic” about the trade and about teaming up in Indiana.

The Pacers will face the Kings in Sacramento on Thursday night, but it sounds like Siakam won’t be available for that game. According to Scott Agness of Fieldhouse Files (Twitter link), the plan is for the former All-NBA forward to travel to Indiana to take a physical, then to meet up with the team in Portland ahead of Friday’s contest vs. the Trail Blazers.

Here’s much more on an eventful Wednesday on the NBA trade market:

Dan Devine of Yahoo Sports lays out why trading for Siakam makes so much sense for the Pacers, who will benefit from the forward’s length on defense and will be able to give him more space to operate on offense than he had in Toronto.
Danny Chau of The Ringer, who also loves Siakam’s fit in Indiana, explores whether the former 27th overall pick can turn the Pacers into a contender.
Tony East of SI.com (Twitter links) provides some more details on the draft picks included in the trade, reporting that the Pacers’ 2024 first-rounder acquired by the Raptors will include top-three protection. Additionally, East says the top-four protected 2026 first-rounder sent from Indiana to Toronto would be top-four protected again in 2027 if it doesn’t convey in ’26. In the unlikely event that it lands in the top four in both years, Toronto would instead receive Utah’s 2027 second-round pick and Dallas’ 2028 second-rounder, tweets Bobby Marks of ESPN.
Marks also reports (via Twitter) that the Pacers sent the Pelicans $110K in cash in the Kira Lewis trade that preceded the Siakam blockbuster. That’s the minimum amount a team sending cash can include in a two-team trade.
The package the Raptors received for Siakam – heavy on draft picks rather than the young players Toronto sought – is a reflection of the two-time All-Star’s relatively limited trad value and the leverage he held in the situation, writes Josh Lewenberg of TSN.ca.
In an in-depth story for Sportsnet.ca published prior to the trade agreement with the Pacers, Michael Grange takes a look at how Siakam and the Raptors got to this point. The story includes several interesting details, including the fact that Siakam turned down a three-year, maximum-salary extension prior to the 2022/23 season. He wanted to try to become super-max-eligible by making another All-NBA team, even though the Raptors made it clear they likely wouldn’t offer the super-max in that scenario, Grange reports.
How will the Siakam trade affect the Raptors’ cap situation going forward? Blake Murphy of Sportsnet.ca digs into the subject, examining the impact on both this season and the 2024 offseason.

Raptors Trade Pascal Siakam To Pacers, Waive Christian Koloko

January 17th, 2024 at 9:56pm CST by Rory Maher

The Raptors have traded star forward Pascal Siakam to the Pacers for Bruce Brown, Kira Lewis, Jordan Nwora, two 2024 first-round picks, and a top-four protected 2026 first-rounder, Indiana announced in a press release.

“We’re incredibly excited to welcome Pascal to Indiana,” said president of basketball operations Kevin Pritchard. “As a two-time All-NBA selection and two-time NBA All Star, Pascal is a player that our organization has long admired and respected. We feel that his unique offensive skillset will complement our style of play, while his defensive versatility will be a valuable asset to our team.”

The Raptors also announced the trade is complete in their own press release.

“Pascal is a champion, an integral part of winning teams and an example of what can be achieved with dedication, perseverance, hard work and tenacity,” said Raptors vice chairman and president Masai Ujiri. “We’re lucky to have seen Pascal develop into the man and player that he is today – and we are grateful for everything he has done for our city and for our franchise. We wish him all good things.

“This is a time of change for our team, and we welcome Bruce, Jordan and Kira to the Raptors and to Toronto. Bruce is a world champion, and we look forward to his two-way play and added toughness on the court. We continue the work of getting better every day, and continue moving forward in our quest to win here in Toronto.”

The Raptors needed to release a player to complete the deal, and that roster casualty was second-year center Christian Koloko, who has yet to play this season due to a respiratory issue. Assuming he clears waivers, Toronto will be on the hook for Koloko’s full 2023/24 salary, which comes in at $1,719,864. His salary for next season was non-guaranteed.

As a rookie last season, Koloko showed promise as a rim protector, averaging 3.1 PPG, 2.9 RPG and 1.0 BPG in 58 games, including 19 starts (13.8 MPG).

According to Blake Murphy of Sportsnet.ca (Twitter link), the Raptors are still “very high” on Koloko, but since there’s no timeline for his return to action, he was the odd man out. Murphy wouldn’t be surprised if Toronto signs Koloko to a G League contract or re-signs him to an NBA deal in the future.

Echoing that last point, Michael Grange of Sportsnet.ca believes there’s “a good chance” Koloko will remain with the Raptors in some capacity (Twitter link). Grange also hears Koloko has been ramping up his activity lately, but it’s unknown when the Cameroonian big man will be cleared to play again.

As ESPN’s Bobby Marks tweets, all four players involved in the deal can be traded again prior to the February 8 deadline but cannot be aggregated with other salaries. The Raptors also created a $10.2MM traded player exception in the deal, per Marks (Twitter link).

The Raptors now have a full 15-man roster, while the Pacers have 13 players on standard deals. Teams aren’t permitted to carry fewer than 14 players on standard contracts for more than 14 days at a time, so Indiana will have two weeks to re-add a 14th man.

For more details on the blockbuster trade, check out our story from earlier in the day, before it became official.

Pelicans Trade Kira Lewis Jr. To Pacers

January 17th, 2024 at 6:24pm CST by Rory Maher

The Pelicans have traded fourth-year guard Kira Lewis Jr. and a 2024 second-round pick — the least favorable of New Orleans’ and Chicago’s second-rounders — to the Pacers in exchange for cash considerations, the two clubs confirmed in press releases.

Indiana waived James Johnson to create a roster spot for Lewis.

Lewis won’t be staying in Indiana. He’ll be part of the package heading to Toronto in the Pascal Siakam blockbuster. Lewis will be eligible for restricted free agency in the summer if the Raptors give him a qualifying offer.

By trading Lewis’ $5.7MM contract, the Pelicans moved under the luxury tax line — they’d previously been over and have never paid the tax — so it’s a straightforward salary dump from their perspective.

A former lottery pick (13th overall in 2020), the 22-year-old was unable to carve out a regular spot in New Orleans’ rotation over the past two seasons after returning from a torn ACL in 2022/23. He has appeared in just 15 games this season for an average of 9.8 minutes per night.

The Pacers are acquiring Lewis using cap room, which means they’ll be able to immediately aggregate his salary in the Siakam trade. Bruce Brown, Jordan Nwora, and three first-round picks will also be sent to the Raptors in that deal.

The Pelicans now have 13 players on standard contracts. Teams aren’t permitted to carry fewer than 14 players on standard deals for more than 14 days at a time, so they’ll have two weeks to re-add a 14th man.

Pacers Waive James Johnson

January 17th, 2024 at 5:09pm CST by Rory Maher

As expected, the Pacers have officially waived veteran forward James Johnson, the team announced in a press release.

Indiana needed to open a roster spot to acquire Kira Lewis Jr. from New Orleans. Lewis — along with Bruce Brown, Jordan Nwora and three first-round picks — will then be sent to Toronto in a separate deal for Pascal Siakam.

According to Tony East of SI.com (Twitter link), the Pacers hope to re-sign Johnson, assuming he clears waivers in a couple days. After the three-for-one trade is complete, Indiana will have two open roster spots.

Interestingly, Johnson was waived as part of a blockbuster trade last year as well, but the Pacers re-signed him a few days later. It sounds like that will be the case again in 2024.

If he clears waivers and becomes an unrestricted free agent, the Pacers will owe Johnson about $2.2MM — the prorated version of the veteran’s minimum — while the team will carry a $1.4MM cap hit, according to Spotrac. The 36-year-old signed a one-year deal with Indiana last month after going unsigned over the offseason, which is why his salary is prorated.

Johnson, who has played for 10 different different NBA teams, averaged 4.8 minutes per game across five appearances in 2023/24. He played 18 games for the Pacers last season.

While he hasn’t contributed much on the court the past two seasons, the Pacers clearly value Johnson’s leadership and professionalism, which is why they keep bringing him back.

Central Notes: DeRozan, J. Carter, Garland, Giannis, J. Walker

January 17th, 2024 at 4:53pm CST by Luke Adams

It has been up-and-down season so far for the Bulls, who got off to a 5-14 start and have gone 14-9 since then to move into a play-in spot in the East. Viewed back in the fall as a candidate to blow up their roster prior to the trade deadline, the Bulls no longer have a clear path at the deadline, especially with Zach LaVine generating little interest.

While fans and league observing will be keeping a close eye on the Bulls in the coming weeks to see which direction they go, DeMar DeRozan – a possible trade or extension candidate – made it clear he won’t be checking Hoops Rumors for updates.

“I don’t sit up here refreshing my apps in the morning to see what’s what, rumors or anything,” DeRozan said, per Joe Cowley of The Chicago Sun-Times. “Should we, shouldn’t we . . . it’s a tough question for me because being in the league so long, I can really be at a point where that [expletive] doesn’t bother me.

“… My focus is making sure we’re trending in the right direction, no matter what happens. … For me, I just have learned not to carry that emotion with me because it will drive you crazy, constantly worrying about what somebody else is going to do, blah, blah, blah. I really don’t worry about it. I can’t.”

Here’s more from around the Central:

A regular contributor off the Bulls‘ bench for most of the season, guard Jevon Carter was a DNP-CD twice last week before returning to the team’s rotation for the past two games. He’s unfazed by his inconsistent role, according to K.C. Johnson of NBC Sports Chicago (Twitter link). “In and out of the rotation, that don’t really mean nothing to me,” Carter said. “I’m in the NBA. I’m blessed to be here. I’m ready whenever my name is called. Whether that’s for 82 games or 2 games, I’m ready whenever.”
As expected, Cavaliers guard Darius Garland was cleared this week to resume basketball activities, according to Chris Fedor of Cleveland.com (subscription required). The former All-Star, who has been out for over a month due to a fractured jaw, will need some time to get back into game shape, but the hope is that he’ll be back on the court before the end of the month.
Bucks star Giannis Antetokounmpo will be sidelined for Wednesday’s contest in Cleveland due to a right shoulder contusion, tweets Eric Nehm of The Athletic. The two-time MVP was not previously listed on the injury report. There’s no indication yet of how long he might be out.
After being drafted eighth overall last June, Pacers forward Jarace Walker hasn’t played regular minutes as a rookie, but he logged a season-high 26 minutes in Monday’s loss to Utah. As Dustin Dopirak of The Indianapolis Star writes, Walker showed signs of promise, racking up four steals and two blocks, but also showed why the team has been reluctant to feature him more consistently — he made just 3-of-11 shots from the floor and Indiana was outscored by 17 points while he was on the court. With the Pacers poised to acquire Pascal Siakam, Walker will likely remain out of the rotation for the foreseeable future.

And-Ones: T. Davis, Trade Deadline, Team USA, Diamond Sports

January 17th, 2024 at 3:41pm CST by Luke Adams

After not finding an NBA opportunity when he became a free agent during the 2023 offseason, veteran guard Terence Davis eventually opted to sign a G League contract in December. Speaking to Cyro Asseo de Choch of HoopsHype, Davis said he gave up “a good amount of money” by turning down a EuroLeague opportunity with a Greek team, but that he didn’t want to move his family overseas and believed the G League was the best route back to the NBA.

Unfortunately, Davis’ comeback efforts will go on hold for the rest of the 2023/24 season and potentially beyond that. While playing for the Rip City Remix – the Trail Blazers‘ NBAGL team – the veteran guard recently suffered a torn Achilles, which will sideline him for the rest of ’23/24.

Davis told HoopsHype that he’s hopeful he’ll be able to recover quickly and be ready for training camps in the fall, but the rehab process for Achilles tear often takes longer than that. The 26-year-old admitted that there’s no specific return timetable yet.

“We haven’t had surgery. I get reevaluated in a week,” Davis said. “Then, I will get to fly home and probably won’t see Dr. (Richard) Ferkel again for another three or four weeks. So, that’s when I can start my rehab, and we’ll know the timelines.”

We have a few more odds and ends from around the basketball world:

In another story for HoopsHype, Mark Deeks previews the trade deadline for all 15 Eastern Conference clubs, exploring what each team will – or should – do.
At some point in the next few days, USA Basketball is expected to announce a pool of about 30 players who will be in the mix for spots on the 2024 Olympic roster, tweets Marc J. Spears of Andscape. The final 12-man roster likely won’t be announced until sometime after the season.
Fred Katz, Mike Vorkunov, and James Edwards of The Athletic ranked the 15 best in-season NBA trades of the past five years, focusing on which deals had the most significant impact on the teams involved. Their No. 1 pick was 2020’s Andrew Wiggins/D’Angelo Russell swap between the Warriors and Timberwolves, which beat out the 2022 Kings/Pacers blockbuster that included Tyrese Haliburton and Domantas Sabonis.
Amazon is partnering with Diamond Sports as part of restructuring agreement, per Joe Reedy of The Associated Press. Diamond Sports, which filed for bankruptcy last March, owns 18 Bally Sports networks that control the TV rights for 15 NBA teams. The agreement will give Amazon’s Prime Video access to Diamond’s content and should allow the company to emerge from bankruptcy and continue its operations, as Reedy details.

Pacers Finalizing Trade For Pascal Siakam

January 17th, 2024 at 1:24pm CST by Luke Adams

The Pacers and Raptors are finalizing an agreement on a trade that will send star forward Pascal Siakam to Indiana, sources tell Adrian Wojnarowski of ESPN (Twitter link).

The deal, whose framework was previously reported by Shams Charania and Jake Fischer, will send Bruce Brown, Jordan Nwora, and three first-round picks to Toronto, according to Wojnarowski. The Pelicans will also be involved, Wojnarowski notes, with fourth-year guard Kira Lewis headed to the Raptors.

Earlier reporting indicated that Indiana would likely include either Jalen Smith or Obi Toppin in their package for salary-matching purposes. However, by acquiring Lewis from New Orleans using their cap room, the Pacers will be able to immediately aggregate his salary with Brown’s and Nwora’s, making him the missing matching piece. As a result, the “three-team” deal will technically consist of two separate trades, ESPN’s Bobby Marks confirms (via Twitter).

The three first-rounders going to Toronto will be the Pacers’ own 2024 pick, a second ’24 first-rounder (via Oklahoma City), and Indiana’s 2026 pick, sources tell Wojnarowski (Twitter link). The 2024 pick from OKC will be the least favorable of the Thunder’s, Clippers’, Rockets’, and Jazz’s first-rounders. The 2026 pick will include top-four protection, according to Charania (Twitter link).

In the Pelicans/Pacers swap, New Orleans will receive cash from Indiana and will send a second-round pick to the Pacers, per ESPN’s Andrew Lopez and Wojnarowski (Twitter link). That will be a 2024 selection, tweets Christian Clark of NOLA.com, which means it’ll be the least favorable of the Pelicans’ and Bulls’ second-rounders.

The blockbuster deal is the culmination of several months of trade rumors involving Siakam. He was also at the center of speculation over the 2023 offseason, at which time the Raptors reportedly spoke to the Hawks and others about the two-time All-Star. The Mavericks, Warriors, Pistons, and Kings are among the teams that have been linked to him in recent weeks.

After getting a limited return for Kyle Lowry in a sign-and-trade deal in 2021 and then losing Fred VanVleet for nothing in 2023 free agency, the Raptors were more proactive this season in moving key players on expiring contracts ahead of February’s trade deadline. Toronto sent OG Anunoby and two other players to New York at the end of December in exchange for Immanuel Quickley, RJ Barrett, and a second-round pick.

The Pacers reportedly made an effort to acquire Anunoby before the Knicks landed him, but Siakam had been at the top of their wish list for over six months, tweets Scott Agness of Fieldhouse Files. While the Raptors were believed to be seeking a return headlined by a young player or two – like the one they got from the Knicks for Anunoby – Indiana was able to get the deal done with a pick-heavy package that didn’t include recent lottery selections Bennedict Mathurin or Jarace Walker.

By virtue of being traded, Siakam will no longer be eligible for a super-max contract in the event he makes an All-NBA team for a third time this season. Additionally, he won’t be able to sign an extension of more than two years with Indiana prior to free agency, since a longer-term extension deal isn’t permitted for six months after the trade.

However, the 29-year-old is excited to join the Pacers and is expected to be “eager” to figure out a new contract with the team this summer, sources tell Wojnarowski (Twitter link). The Pacers will hold his Bird rights, giving them the ability to offer up to five years once he becomes a free agent. They’ll have plenty of financial flexibility to make Siakam a part of the long-term core alongside star point guard Tyrese Haliburton.

“I’m excited that Pascal is getting a first class opportunity with the Pacers, being paired with Tyrese and Myles (Turner) and being coached by a great coach in Rick Carlisle,” Siakam’s agent Todd Ramasar said in a statement to Marc J. Spears of Andscape (Twitter link). “His future there looks bright there.”

The Raptors will now control at least two first-round picks in the 2024 draft, along with an early second-rounder from the Pistons that currently projects to be 31st overall. They traded their own ’24 first-rounder away to the Spurs in last season’s Jakob Poeltl deal, but it has top-six protection, so it’s not a lock to change hands — Toronto’s 15-25 record is tied for the sixth-worst mark in the NBA.

It’s unclear what Toronto’s plans are for Brown, who played an important role on the Nuggets’ championship team last season and could be a popular target for contenders on the trade market in the coming weeks.

Brown is on a pseudo-expiring $22MM contract — he has a $23MM club option for 2024/25, so if he remains a Raptor, the club could create in excess of $30MM in cap room by declining that option, notes Keith Smith of Spotrac (Twitter link). Nwora ($3MM) and Lewis ($5.7MM) are also on expiring deals.

While the Pacers’ 2023/24 team salary will increase beyond the cap once they officially acquire Siakam, the Raptors and Pelicans will gain significant cap relief. After being only slightly under the luxury tax line prior to the trade, Toronto will have about $9MM in breathing room below that threshold, tweets cap expert Yossi Gozlan.

New Orleans, meanwhile, will move from above the tax line to about $2.8MM below it, Gozlan adds (via Twitter). That will give the Pelicans – one of two NBA teams to never pay the tax – more room to operate on the trade market or in free agency in the coming weeks.

The Pacers will have to waive a player in order to acquire Lewis from New Orleans. Veteran forward James Johnson will be that roster casualty, per Tony East of SI.com (Twitter link). The Raptors, who currently have one open spot on their 15-man roster, will also need to make a cut in order to accommodate their three-for-one deal with Indiana.

Both the Pacers and Pelicans will end up with 13 players on standard contracts once the two trades are completed. Teams aren’t permitted to carry fewer than 14 players on standard deals for more than 14 days at a time, so both clubs will have two weeks to re-add a 14th man.

Raptors, Pacers Engaged In Serious Talks On Possible Siakam Trade

January 17th, 2024 at 11:18am CST by Dana Gauruder

JANUARY 17: Several parties familiar with the negotiations between the Raptors and Pacers were surprised that the two teams didn’t finalize an agreement before Tuesday’s games begin, according to Jake Fischer of Yahoo Sports.

One sticking point, per Fischer, has been Indiana’s unwillingness to include either of their two most recent lottery picks – Bennedict Mathurin and Jarace Walker – in a package for Siakam. Charania has also stated that the Pacers aren’t interested in giving up either of those young players (Twitter video link).

According to Fischer, the other pieces that would be sent to Toronto along with Brown in the latest framework of the proposed deal are Jordan Nwora and either Obi Toppin or Jalen Smith. Buddy Hield hasn’t been a part of the recent discussions between the two teams, says Fischer.

Fischer adds that two of the first-round picks in in Indiana’s proposal are 2024 selections (the Pacers’ own pick and a least favorable pick from Oklahoma City).

JANUARY 16: The Raptors and Pacers are engaged in serious talks about a potential trade that would send power forward Pascal Siakam to Indiana, The Athletic’s Shams Charania and Sam Amick report.

Indiana’s package would be built around swingman Bruce Brown, other salaries and three first-round draft picks, according to The Athletic’s duo.

The Raptors have discussed potential deals involving Siakam with several teams, but the talks with the Pacers have gained traction in recent days. They have yet to finalize or agree to a deal, although they are far along in the process, with proposals being made back and forth.

The Kings had pulled out of the Siakam sweepstakes in recent weeks, in part because the two-time All-NBA forward reportedly isn’t interested in re-signing with them after the season. The Warriors and Mavericks are among the other clubs that have expressed interest in the 29-year-old.

Siakam has an expiring $37.9MM contract and any acquiring team would want to have a strong indication if he’d commit to their organization beyond this season. Siakam is known to be seeking a max-salary deal and extension talks between the Raptors and his reps have not progressed in recent months.

Brown’s contract features a $22MM cap hit this season with a $23MM club option for 2024/25. Although Brown’s salary is well below Siakam’s, the Pacers have over $8MM in cap room and would only need to send out about $7.6MM in additional salary to make a deal legal, notes cap expert Yossi Gozlan (Twitter link).

As for the draft picks, the Pacers control all of their own future first-rounders, as well as a 2024 pick from Oklahoma City that includes “least favorable” language — it will almost certainly be either the Thunder’s or Clippers’ first-rounder.

The potential acquisition of Siakam would strengthen a Pacers starting lineup that also includes star guard Tyrese Haliburton — currently injured — and center Myles Turner and would make them a more dangerous playoff team.

Indiana reportedly made an effort to acquire OG Anunoby from Toronto before he was sent to New York.

Stein’s Latest: Hield, Wiggins, Finney-Smith, O’Neale, Fultz, McDermott, Osman

January 14th, 2024 at 5:26pm CST by Dana Gauruder

The Pistons and Wizards pulled off a trade involving four players and two draft picks on Sunday. Expect a lot more activity in the coming weeks, according to Marc Stein in his latest Substack post.

Stein offers a number of interesting tidbits from around the league:

Buddy Hield‘s name was prominently mentioned around the trade market after the veteran guard and the Pacers failed to reach an extension agreement during training camp. Sources tell Stein that Indiana continues to look for ways to move Hield. The Pacers are trying to package his expiring $18.6MM contract and a future first-rounder to get an impact player. Raptors forward Pascal Siakam continues to be talked about as a potential Pacers target. However, Indiana would be reluctant to give up second-year guard Bennedict Mathurin or rookie Jarace Walker in any trade.
Warriors forward Andrew Wiggins is looked upon as another potential Pacers target but it may be difficult for Golden State to create a market for him, Stein writes. Wiggins not only has three more years left on his contract, his production has nosedived.
Dorian Finney-Smith and Royce O’Neale could be on the move. The Nets are listening to offers for both of those forwards and Stein suggests the Cavaliers should pursue O’Neale, considering they need a wing and he’s close friends with Donovan Mitchell. O’Neale has an expiring contract, while Finney-Smith is signed through 2025/26.
Speaking of expiring contracts, the Magic are “exploring the trade market” the top pick of the 2017 draft. They’ve made guard Markelle Fultz and his $17MM expiring deal available, along with center Wendell Carter Jr, per Stein.
Another team dangling expiring contracts is the Spurs. Forwards Doug McDermott and Cedi Osman are available for teams looking to clear cap room this summer or upgrade their second unit, according to Stein.

Aaron Nesmith Ruled Out For Sunday

January 13th, 2024 at 7:11pm CST by Arthur Hill

Pacers forward Aaron Nesmith was able to play after being listed as questionable Friday night, but he will miss Sunday’s game at Denver due to bilateral shin soreness, according to Dustin Dopirak of The Indianapolis Star. Nesmith has started the last 10 games at small forward, and Dopirak notes that Indiana’s defense has improved since his move into the starting lineup.