Toppin was traded by the Knicks to the Pacers after being limited to 15 starts in 201 games through three seasons. He only averaged 14.7 minutes per game after being the eighth overall pick of the 2020 draft.
The NBA has announced the five-team groups that will used for the league’s first-ever in-season tournament, writes Tim Bontemps of ESPN. The unveiling took place Saturday during a special episode of ESPN’s “NBA Today” held at “NBA Con” in Las Vegas.
The groups were determined in a draw similar to what is used in soccer’s World Cup. There are six groups — three each from the Eastern Conference and Western Conference — and each conference was split into five pots based on last season’s standings. One team was randomly selected from each of the pots to determine the opening-round matchups.
The results are:
- Group 1: Sixers, Cavaliers, Hawks, Pacers and Pistons.
- Group 2: Bucks, Knicks, Heat, Wizards and Hornets.
- Group 3: Celtics, Nets, Raptors, Bulls and Magic.
- Group 4: Grizzlies, Suns, Lakers, Jazz and Trail Blazers.
- Group 5: Nuggets, Clippers, Pelicans, Mavericks and Rockets.
- Group 6: Kings, Warriors, Timberwolves, Thunder and Spurs.
The tournament will start with group play, which will match each team with the other four in its grouping. Those games will take place on Nov. 3, 10, 14, 17, 21, 24 and 28.
The winner of each group will advance to a knockout round, joined by the team with the best record in each conference among those who didn’t win a group. Quarterfinal games will be played Dec. 4 and 5, hosted by the higher-seeded teams. The four winners in that round will move on to T-Mobile Arena in Las Vegas for the Dec. 7 semifinals and the Dec. 9 championship game.
Bontemps points out that all teams will play within their conference until the last game, which guarantees an East vs. West matchup, just like the NBA Finals.
“Everybody’s not going to buy in right away,” admitted Joe Dumars, the NBA’s executive vice president of basketball operations. “So that can’t be the goal that everybody’s going to buy in from day one. These things take time. And I think, as time goes on, I think you can build this up and people can really get into it.”
The championship trophy will be called the NBA Cup, and players will receive $500K each for winning it. Other prize money includes $200K for second place, $100K for losing in the semifinals and $50K for losing in the quarterfinals. The league opted not to provide other incentives, such as a guaranteed playoff spot, for the tournament winner.
We passed along more details on the in-season tournament right here.
Bruce Brown revealed this week that the Knicks were the only other team he met with before deciding to sign with the Pacers, writes Stefan Bondy of The New York Daily News. Brown was one of the most sought-after free agents on the market after helping the Nuggets win the NBA title. Several teams, including New York, were hoping to land him with their mid-level exception, but Indiana blew away its competitors with a two-year, $45MM offer.
“The Knicks were the first (meeting). I think we had others lined up, but we didn’t make it there,” said Brown, who added that he was heavily recruited by Pacers star Tyrese Haliburton.
Bondy notes that Indiana is also the destination for Obi Toppin, who was acquired from New York in exchange for a pair of future second-round picks. Toppin was stuck behind Julius Randle with the Knicks and his defense wasn’t up to coach Tom Thibodeau’s standards, but Indiana views him as a perfect fit for its up-tempo style.
The trade leaves New York with an unbalanced roster that’s heavy on guards and doesn’t have an obvious replacement for Toppin, Bondy adds. The current options are either too small to play power forward or too inexperienced to be counted on for regular minutes.
There’s more on the Knicks:
- With a potential hole in their rotation and plenty of assets available to make an impact trade, the Knicks can’t be done with their offseason, says Peter Botte of The New York Post (subscriber link), arguing that the team still needs to take a big swing if it wants to have a legitimate chance to contend in the East next season.
- Jaylen Martin, who signed a two-way contract with New York after going undrafted, was one of Overtime Elite’s most talented players, his coach told Ian Begley of SNY.tv. Tim Fanning said a hamstring injury that forced Martin to miss two months of the season kept him from getting the same notice as the Thompson twins, who were both lottery picks. “He just ticks a lot of boxes in terms of what you want from a basketball player, especially on the wing,” Fanning said. “He was shooting the ball at a great clip from three. His defense and rebounding – his floor game – was spectacular. His transition, (attacking the) close out, also was on another level from the rest of the competition outside of the Thompsons in that first month of the season.”
- Mikal Bridges, now a cornerstone player for the cross-town Nets, said recently on the Tidal League podcast that he thought he’d be drafted by the Knicks back in 2018 (Twitter video link). “I thought I was going to go to New York at 9,” Bridges said (hat tip to Jeremy Layton of The New York Post). “I was excited though because I wanted to go to the Knicks, I wanted to be in New York, I’m like, ‘That’s lit.’ Like, still close to home, but a little further out – and I love MSG, all my best games in college were there.” New York ended up drafting Kevin Knox with the No. 9 pick, with Bridges going one spot later to Phoenix (via Philadelphia).
Luke Adams contributed to this post.
JULY 7: The trade is official, the Knicks announced today in a press release (Twitter link). Toppin has been traded into the Pacers’ cap room in exchange for the two second-round picks described below.
JULY 6: The Knicks will receive either the Suns’ or Pacers’ 2028 second-round pick (whichever is least favorable) and either the Pacers’ or Wizards’ 2029 second-round pick (whichever is least favorable) for Toppin, reports Dustin Dopirak of The Indianapolis Star (Twitter link).
JULY 1: The Knicks and Pacers are finalizing a trade that will send forward Obi Toppin to Indiana, reports Adrian Wojnarowski of ESPN (Twitter link).
According to Wojnarowski, the Knicks will acquire a pair of second-round picks in exchange for Toppin, who was the eighth overall pick in the 2020 draft.
Marc Stein and Ian Begley of SNY.tv reported prior to free agency that the Pacers were talking to the Knicks about Toppin and had emerged as the leading candidate to land him. It’s a logical fit, since Indiana has the cap room necessary to acquire the 25-year-old’s $6.8MM expiring contract without sending out any salary and has been in the market for another power forward.
While lottery pick Jarace Walker figures to see minutes for the Pacers as a rookie, Toppin should have an opportunity to play a bigger role in Indiana than he did in New York, where he spent the majority of his first three NBA seasons backing up Julius Randle.
In 139 games for the Knicks since the start of 2021/22, Toppin has averaged 8.2 PPG and 3.3 RPG on .491/.329/.772 shooting in 139 games (16.4 MPG). He’ll be eligible for a rookie scale extension this offseason, or restricted free agency in 2024 if he doesn’t sign a new deal before then.
It’s a somewhat disappointing outcome for the Knicks, whose lottery pick from three years ago will now turn into a pair of second-rounders. However, the move will help create some additional spending flexibility below the tax apron for the club, potentially opening up the full mid-level exception. It’ll also generate a $6.8MM trade exception and contribute a couple more draft assets to New York’s ever-growing stash.
- A handful of teams using cap room this season have renounced their free agent rights to one or more players in order to maximize their space. According to RealGM’s transaction log, the Pacers (George Hill), Kings (Terence Davis, Jeremy Lamb, Corey Brewer), Pistons (Hamidou Diallo, Rodney McGruder, and Buddy Boeheim), and Thunder (eight players, including Dario Saric, Jared Butler, and Nick Collison) all renounced players. In some cases, those cap holds had been on teams’ books for multiple seasons — they won’t be there going forward.
- The Pacers made it clear they wouldn’t sign a restricted free agent to an offer sheet this offseason after giving Deandre Ayton a four-year, $133MM offer sheet a year ago, ESPN’s Zach Lowe said on his latest Lowe Post podcast. “Remember, they were the ‘Herb Simon doesn’t let us do offer sheets’ team,” Lowe said, referring to the Pacers’ team owner. “And he made an exception for Ayton and it got matched and it was a little bit of a mess. They sent around the league, like, ‘We’re not doing offer sheets.'”
JULY 6, 8:15pm: The Pacers and Kings have officially completed the trade sending Duarte to Sacramento. The Kings put out a press release confirming the move.
JULY 6, 2:43pm: The Pacers and Kings are in agreement on their Duarte trade, according to ESPN’s Adrian Wojnarowski (Twitter link), who reports that the deal is expected to be finalized today.
Indiana will receive Dallas’ 2028 second-round pick and Sacramento’s own 2030 second-rounder, reports Dustin Dopirak of The Indianapolis Star (Twitter link).
JUNE 30, 9:41am: The Kings and Pacers are nearing an agreement on a trade that will send wing Chris Duarte to Sacramento, sources tell Shams Charania of The Athletic (Twitter link). According to Charania, Indiana would receive draft compensation in the deal.
Duarte, 26, was the 13th overall pick in the 2021 draft out of Oregon. He had a promising rookie season in 2021/22, averaging 13.1 PPG with a .369 3PT% in 55 games (28.0 MPG), but took a step back in his second year in the NBA.
The 6’6″ swingman battled injuries that limited him to 46 games in 2022/23 and his numbers dipped to 7.9 PPG with a .316 3PT%. The emergence of rookie Bennedict Mathurin and the addition of another former lottery pick, Aaron Nesmith, resulted in Duarte playing a diminished role (19.5 MPG) even when he was available.
The Kings appear willing to bet that Duarte can recapture his rookie former and will take on his $4.1MM guaranteed salary for 2023/24. They’ll have to make a decision by October 31 on his $5.9MM option for the ’24/25 season. If that option is picked up, Duarte would become extension-eligible during the 2024 offseason.
The Pacers also reportedly discussed Duarte in their trade talks with the Hawks about De’Andre Hunter.
JULY 6: The Pacers have officially Haliburton to his maximum-salary rookie scale extension, the team announced today.
The contract doesn’t feature a player option, but does have a 15% trade kicker, according to Tony East of SI.com (Twitter link), who confirms that a spot on any of the three All-NBA teams next season will bump Haliburton up to the full 30% max.
JUNE 30: Point guard Tyrese Haliburton is signing a five-year, rookie scale max extension with the Pacers, agents Dave Spahn and Aaron Mintz tell ESPN’s Adrian Wojnarowski (Twitter link).
As a designated rookie, Haliburton will earn at least 25% of the 2024/25 salary cap, which is when his extension will officially kick in. However, Wojnarowski suggests the contract will feature Rose rule language that could boost the value to 30% of the cap over five years.
To receive the 30% max, Haliburton will have to meet one of three performance criteria next season: All-NBA, Defensive Player of the Year, or MVP. If he earns one of those honors and the cap increases by 10% in ’24/25, Haliburton’s deal would be worth $260MM.
The 23-year-old averaged 20.7 PPG, 10.4 APG, 3.7 RPG and 1.6 SPG on an excellent .490/.400/.871 shooting line in 56 games (33.6 MPG) in ’22/23, earning his first All-Star nod in the process. The former first-round pick just finished his third season, making him eligible for a rookie scale extension.
Several draft analysts had Haliburton high on their boards, but he wound up falling to the Kings at No. 12 overall in 2020. He played very well in his stint with Sacramento, but his fit with fellow point guard De’Aaron Fox was less than perfect, particularly defensively, so the Kings memorably traded him in February 2022 for a package headlined by big man Domantas Sabonis.
The deal has worked out well for both teams. Sabonis helped the Kings break their record-long playoff drought, while Haliburton has shined in a featured role with Indiana.
Advanced stats nearly universally say Haliburton has been the top player from the 2020 draft class through three seasons. His efficiency and excellent decision-making stand out.
The 23-year-old only averaged 2.5 turnovers per game last season, good for a 4.15-to-1 assist-to-turnover ratio – an top-tier mark. Indiana went 28-28 with him in the lineup, versus 7-19 without him.
The Pacers are looking to take a step forward in ’23/24, which will be the final year of Haliburton’s rookie deal. They agreed to two-year, $45MM contract with Bruce Brown, who helped the Nuggets win their first championship in June, and have their eyes set on the playoffs.
Prior to signing his $7.9MM qualifying offer, Miles Bridges was seeking around $25MM per year in talks with the Hornets, sources tell Jake Fischer of Yahoo Sports. However, Charlotte was unwilling to approach that figure, which is why Bridges’ representatives quickly opted for unrestricted free agency in 2024.
Bridges was ineligible to be included in a sign-and-trade because he wasn’t on the team’s roster last season, having missed all of 2022/23 after facing a felony domestic violence charge. He agreed to a plea deal and was subsequently suspended by the NBA, who will require him to sit out the first 10 games of ’23/24.
Prior to that incident, Bridges was viewed as one of the top free agents of the 2022 class, having averaged 20.2 PPG, 7.0 RPG, and 3.8 APG on 49.1% shooting in 80 games (35.5 MPG) in ’21/22. There was talk of him receiving $30MM annually in an offer sheet last year, according to Fischer, with the Pacers, Pistons and Grizzlies all linked to the 25-year-old forward.
Here’s more from Fischer’s latest story for Yahoo Sports:
- Hornets restricted free agent forward P.J. Washington might have to wait a while in order to find the type of contract he’s seeking, and it might have to come via sign-and-trade. Marc Stein first reported that the former first-round pick is seeking around $18MM annually. According to Fischer, Washington is looking for $80MM over four years. Fischer writes that several agents seem to be pointing to Keldon Johnson‘s rookie scale extension with the Spurs as a benchmark of sorts in negotiations.
- The Pelicans continue to gauge the trade market for reserve guard Kira Lewis Jr. and starting center Jonas Valanciunas, sources tell Fischer. Lewis is entering the final year of his rookie scale contract and could become a restricted free agent next summer, while Valanciunas’ $15.4MM deal is expiring.
- Fischer hears the recent conversations between the Hawks and Raptors haven’t been very productive when it comes to a potential Pascal Siakam deal. On an unrelated note, Fischer also reports there’s optimism within Atlanta’s organization that the team will be able to extend Dejounte Murray.
- The Raptors have expressed interest in Bulls guard Ayo Dosunmu, Fischer reports. However, it’s unclear if they’ll try to make a run at the restricted free agent via an offer sheet or sign-and-trade.
- Like other reporters, Fischer has heard there’s mutual interest in a reunion between the Sixers and restricted free agent big man Paul Reed.
The Pistons didn’t have the “loud and exciting” free agency that some fans were anticipating, but they’ve added veteran depth to their young roster, according to James L. Edwards of The Athletic, who notes that former lottery picks like Marvin Bagley III, James Wiseman, and Killian Hayes project to be low enough on the depth chart that they’ll have to earn their minutes.
Edwards does believe that all three of Bagley, Wiseman, and Hayes are candidates to be traded before or during the 2023/24 season. While more established veterans like Bojan Bogdanovic or Alec Burks could theoretically be moved too, none of the public statements made by general manager Troy Weaver about the team’s roster suggests that’s in the cards at this point, Edwards writes.
Here’s more from around the Central:
- The Cavaliers‘ 2023 offseason hasn’t been as splashy as in 2022, when the club acquired Donovan Mitchell. However, the team has accomplished virtually everything it set out to do by lining up deals to add a starting-caliber wing (Max Strus), a frontcourt shooter (Georges Niang), and a reserve center (Damian Jones), says Chris Fedor of Cleveland.com. The club also re-signed its own top free agent, Caris LeVert, and will bring in a player Koby Altman has targeted in the past: Ty Jerome. Cleveland tried to sign Jerome to a two-way contract a year ago, per Fedor, but he joined Golden State instead.
- The Cavaliers announced minor some changes within their front office, having promoted Brendon Yu to be the team’s director of scouting. Yu previously held the position of Cleveland Charge general manager, a role that will be taken over by Liron Fanan, the first female G League GM in team history.
- Some of the top forwards on the free agent market – including Harrison Barnes and Kyle Kuzma – may have used the Pacers‘ interest as leverage to get better deals with their own teams, notes Dustin Dopirak of The Indianapolis Star. Still, even if it wasn’t Indiana’s Plan A in free agency, Bruce Brown and Obi Toppin represent solid additions who won’t necessarily compromise the team’s financial flexibility beyond 2023/24, as Dopirak details.
- Besides being able to play both forward spots and defend multiple positions, Torrey Craig will also bring some much-needed shooting to the Bulls, writes Darnell Mayberry of The Athletic. As Mayberry observes, Chicago has ranked dead last in the NBA in each of the two seasons. Craig, who agreed to a two-year deal with the team, made a career-best 39.5% of his attempts from beyond the arc last season.