Los Angeles Lakers Rumors | Hoops Rumors

Lakers Sign Frank Vogel To Contract Extension

August 6th, 2021 at 8:37pm CST by Luke Adams

After sending out a series of press releases today to announce their free agent signings and the acquisition of Russell Westbrook, the Lakers issued one more announcement on Friday night, stating that they’ve signed head coach Frank Vogel to a contract extension.

Vogel, who previously coached the Pacers and Magic, was hired by the Lakers in 2019 and led the team to a championship in his first season at the helm.

In total, Vogel has recorded a 94-49 (.657) regular season record since arriving in Los Angeles and has put up an 18-9 mark in the postseason. He has turned the Lakers’ defensive unit into one of the league’s strongest — the club finished third in defensive rating in 2019/20 and first this past season, despite LeBron James and Anthony Davis missing several weeks of action.

Vogel’s contract with the Lakers only covered three seasons, so he would’ve been entering a contract year if not for his extension. The new deal will ensure that the Lakers’ head coach doesn’t enter 2021/22 on a “lame-duck” deal.

Still, it will be interesting to learn how many years the new extension covers. Veteran NBA reporter Marc Stein wrote earlier today that he had heard some “increasingly pessimistic rumbles” about the odds of Vogel receiving more than a one-year extension.

Five-Team Russell Westbrook, Spencer Dinwiddie Trade Now Official

August 6th, 2021 at 8:08pm CST by Luke Adams

The five-team trade involving the Lakers, Wizards, Nets, Spurs, and Pacers, headlined by Russell Westbrook (to Los Angeles) and Spencer Dinwiddie (to Washington) is now official, according to press releases from multiple clubs.

The deal began as a two-team trade sending Westbrook from the Wizards to the Lakers, an agreement that was completed around the start of the draft last Thursday. Later that night, the Wizards and Pacers agreed to a deal sending Aaron Holiday that would be folded into the Westbrook blockbuster.

Subsequently, during free agency, the Wizards and Dinwiddie wanted to find a way to get the point guard to D.C. and ultimately convinced the Nets to accommodate a sign-and-trade. The Spurs entered the mix late to accommodate Washington’s salary-dump of Chandler Hutchison.

Here’s the full breakdown of the deal, based on reports to date:

To Lakers:
- Russell Westbrook (from Wizards)
- The Bulls’ 2023 second-round pick (from Wizards)
- Either the Wizards’ or Grizzlies’ 2024 second-round pick (whichever is least favorable; from Wizards)
- The Wizards’ 2028 second-round pick (from Wizards)
To Wizards:
- Spencer Dinwiddie (sign-and-trade; from Nets)
- Kyle Kuzma (from Lakers)
- Kentavious Caldwell-Pope (from Lakers)
- Montrezl Harrell (from Lakers)
- Aaron Holiday (from Pacers)
- The draft rights to Isaiah Todd (No. 31 pick; from Pacers)
- Cash (from Pacers; $1MM, per Fred Katz of The Athletic)
To Nets:
- Either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is most favorable; from Wizards)
- The right to swap the Warriors’ 2025 second-round pick for the Wizards’ 2025 second-round pick (from Wizards)
- The draft rights to Nikola Milutinov (from Spurs)
To Spurs:
- Chandler Hutchison (from Wizards)
- Either the Bulls’, the Lakers’, or the Pistons 2022 second-round pick (whichever is most favorable; from Wizards)
To Pacers:
- The draft rights to Isaiah Jackson (No. 22 pick; from Lakers)

The Nets also generated the most significant trade exception of any team in the deal — it’ll be worth about $11.5MM.

While it was a fairly minor move for Brooklyn, San Antonio, and Indiana, the deal will significantly reshape the Lakers’ and Wizards’ rosters for the 2021/22 season. Los Angeles consolidated its depth, acquiring a star player who wanted to team up with LeBron James and Anthony Davis, then filled out its roster in free agency.

The Wizards, meanwhile, traded one star for several depth pieces and managed to replace their old point guard with one who will earn less than half of Westbrook’s salary for the next couple seasons. The deal should increase the club’s cap flexibility while fortifying its bench.

Celtics Holding Discussions With Dennis Schröder

August 6th, 2021 at 4:34pm CST by Dana Gauruder

4:34pm: Although there’s mutual interest between the Celtics and Schröder, he’s still considering a few options, a source tell Adam Himmelsbach of The Boston Globe (Twitter link). Himmelsbach adds that if Schröder ends up in Boston, it’s unlikely to happen via sign-and-trade.

1:28pm: The Celtics are holding negotiations with Lakers free agent guard Dennis Schröder, Jake Fischer of Bleacher Report tweets.

Boston has been shopping for a point guard since trading Kemba Walker to Oklahoma City in a salary dump. It’s likely that the Celtics would dangle their mid-level exception to Schröder, whose value declined after a subpar postseason performance against Phoenix. Boston could theoretically pursue a sign-and-trade with the Lakers, but there would be a number of hurdles to clear to make that type of transaction.

Michael Scotto of HoopsHype, confirming the Celtics’ interest in Schröder, hears that the team could offer a one-year deal or a two-year deal with a player option.

Schröder’s foray into free agency has been a disappointment. He reportedly turned down a four-year, $84MM extension offer from the Lakers and bet on himself that he’d receive on the open market.

The door closed on a return to Los Angeles when the team agreed to acquire Russell Westbrook from the Wizards. Other clubs have not made an offer near what Schröder had hoped. The Knicks thought about signing Schröder but were lukewarm about that prospect even before they agreed to sign Walker (once he clears waivers) on a two-year deal in the $8-9MM annual range, according to Marc Stein of Substack.

If he fails to reach an agreement with Boston, it’s possible that Schröder could look to return to one of his former teams. according to Stein. The Thunder could give him a one-year contract above the $9.536MM mid-level exception that most teams can offer, though it’s unknown whether OKC would be interested in signing him.

Oklahoma City could use Schröder as a trade chip, while he could try to pump up his value and re-enter the market again next summer.

Andre Iguodala Signs One-Year Deal With Warriors

August 6th, 2021 at 10:10am CST by Luke Adams

AUGUST 10: Igoudala’s new deal with the Warriors is now official, the team announced today in a press release.

AUGUST 6: Free agent forward Andre Iguodala has agreed to return to the Warriors, telling Jonathan Abrams of The New York Times that he’ll sign a one-year deal with Golden State. His intention is to finish his career with the franchise.

According to Anthony Slater of The Athletic (Twitter link), Iguodala – like fellow free agents Otto Porter and Nemanja Bjelica – will receive the veteran’s minimum from Golden State.

A report on Thursday indicated that Iguodala – who became a free agent after the Heat turned down his $15MM team option – had narrowed his choices down to the Warriors, Lakers, and Nets, while a follow-up report this morning from Jordan Schultz of ESPN (Twitter link) suggested the decision would likely come down to Brooklyn vs. Golden State.

In the end, the opportunity to reunite with the Warriors won out for the 37-year-old, who previously earned three titles with the team.

“Who would have thought I’d have the opportunity to go back to the place where I was able to have, whatever you want to call it, legacy years, in terms of the accomplishments, winning multiple championships, the relationships that I was able to build with some of my closest friends and teammates?” Iguodala said. “The relationship with the fans, the relationship with the Bay, the opportunity to end it here, was just something special.”

Iguodala, who routinely averaged between 15-20 points per game for the 76ers early in his NBA career, is no longer much of an offensive threat, having put up just 4.4 PPG, 3.6 RPG, and 2.3 APG on .396/.323/.585 shooting in 84 games (20.9 MPG) over the last two seasons in Miami.

However, the veteran forward remains a reliable, versatile defender and brings veteran leadership to a locker room. He told Abrams that he’s looking forward to taking on a mentor role for the Warriors’ young players.

As for how much longer Iguodala plans to spend in the league before his retirement, that decision remains up in the air, as Abrams relays.

“I think I’ve got some more time left,” Iguodala said. “Where I’m comfortable at is I can decide when I’m ready to go. I think I want to leave with just a little bit left. I don’t want to go out on one leg. I know I’ve got a few more years. It’s just my decision whether it’s one or two or three or whatever it may be. I shouldn’t even say three. One or two.”

Free Agent Rumors: Iguodala, Oubre, Williams, Smith

August 5th, 2021 at 9:47pm CST by Dana Gauruder

A reunion between the Warriors and defensive specialist Andre Iguodala could be in the works. Iguodala has narrowed his choices to his former team along with the Nets and Lakers, Shams Charania of The Athletic tweets. Iguodala, 37, played 63 regular-season games with the Heat this past season and averaged a modest 4.4 PPG in 21.3 MPG, with a majority of his field-goal attempts coming from beyond the arc. Iguodala won three rings in six seasons with the Warriors.

We have more free agent buzz:

Free agent forward Kelly Oubre is in discussions with the Hornets, David Aldridge of The Athletic tweets. Oubre averaged 15.4 PPG and 6.0 RPG for Golden State last season but only made 31.6% of his 3-point attempts. The Hornets are also reportedly pondering an offer sheet to Bulls free agent Lauri Markkanen — with approximately $14MM in cap room remaining, they wouldn’t be able to sign both players unless one accepted a very team-friendly rate.
Before Lou Williams chose to return to the Hawks, the Lakers, Warriors and Bucks showed interest in the three-time Sixth Man of the Year award, according to Michael Scotto of HoopsHype. Williams opted for a one-year, $5MM agreement with Atlanta.
Free agent guard Dennis Smith Jr. won’t return to the Pistons, Marc Berman of the New York Post tweets. That’s no surprise, considering Detroit drafted Cade Cunningham with the No. 1 pick and reached an agreement with Cory Joseph after declining its team option on him.

Pacific Notes: DeRozan, Clippers, Curry, Vogel

August 5th, 2021 at 7:26pm CST by Luke Adams

About an hour before word broke on Tuesday that DeMar DeRozan had agreed to join the Bulls via sign-and-trade, Chris Haynes of Yahoo Sports reported that DeRozan intended to meet with the Clippers. So did that meeting actually happen before DeRozan reached a deal with Chicago? Haynes shared some details in the latest episode of his Posted Up with Chris Haynes podcast.

“The Clippers’ brass were on their way to DeMar’s house,” Haynes said. “Things got a little bit more interesting with the Bulls, it looked like a deal was going to get done with Chicago, and DeMar DeRozan’s agent Aaron Goodwin called the Clippers out of courtesy and was like, ‘You know what, let’s not waste anybody’s time. Out of respect to you guys, let’s cancel this meeting. (DeRozan)’s going to go elsewhere.'”

Haynes added that the Clippers were going to have to do “a ton of work” on their roster to be able to make DeRozan a competitive offer, suggesting that the veteran wing – who received an $85MM commitment from Chicago – wouldn’t have been willing to settle for the taxpayer mid-level exception ($5.9MM), which was all L.A. realistically had at its disposal.

“DeMar DeRozan was not going to any team and taking the mid-level. He wasn’t,” Haynes said. “Not the full mid-level, not the taxpayer mid-level. He wasn’t having it.”

Here are a few more updates from around the Pacific:

Speaking to Marcus Thompson II of The Athletic after news of his new $215MM extension with the Warriors broke, Stephen Curry said he loves the players Golden State drafted last Thursday and was happy to hear the team was pursuing veteran free agents this week, even if top targets like Patty Mills and Nicolas Batum are headed elsewhere. “I would be disappointed if there was ever a vibe that you’re complacent or that you’re not proactive and looking to always get better,” Curry said. “So if you’re telling me we’re trying to go after Batum, we’re trying to go after Patty, and things didn’t line up like that, then that’s just how the league works. But if there’s ever a situation where you don’t feel that commitment from upstairs, then we have issues. I haven’t felt that this summer.”
Thompson adds in the same story that the fourth year on Curry’s extension was a “minor sticking point,” given its unprecedented cap hit, but the Warriors ultimately relented. Curry, who will turn 38 during the 2025/26 season, will earn a staggering $59.6MM that year.
Now that the Lakers have nearly finished filling out their roster with a handful of free agent commitments, the next big question for the franchise to answer is Frank Vogel‘s status, writes Bill Oram of The Athletic. Vogel is a candidate for an extension, since he’s entering the final year of his contract as the team’s head coach.

Wizards Notes: Trade Negotiations, Dinwiddie, Kuzma, Neto, Avdija

August 5th, 2021 at 9:03am CST by Luke Adams

The Nets, who recognized that Bradley Beal wanted the Wizards to acquire Spencer Dinwiddie and knew they had some leverage in sign-and-trade talks, initially asked Washington for a first-round pick, reports Fred Katz of The Athletic. When they were unsuccessful, the Nets tried to get Washington to part with Deni Avdija or Rui Hachimura, according to Katz.

However, the Wizards held firm in those negotiations and ended up keeping their top assets, instead sending Brooklyn a future second-round pick and a second-round pick swap. The Nets will also generate an $11.5MM trade exception in the deal.

As Katz details, the Wizards also had to sweeten the deal for the Lakers to convince them to loop the Russell Westbrook trade agreement into Washington’s acquisition of Dinwiddie via sign-and-trade, which is why L.A. will be receiving three second-round selections from the Wizards instead of just two.

Finally, Katz reports that the final version of the complex five-team trade will see the Wizards acquire cash considerations from the Pacers. The full breakdown of the trade agreement can be seen on our offseason trade tracker.

Here’s more on the Wizards:

For much of this week, there had been a league-wide assumption that the Wizards may end up rerouting Kyle Kuzma to a new team as part of the Dinwiddie deal, but Washington never included him in trade discussions, according to David Aldridge of The Athletic, who notes that the club has significantly improved its depth with this week’s roster moves.
Raul Neto‘s new deal with the Wizards will be a one-year, minimum-salary contract, according to Katz. Neto will join Dinwiddie and Aaron Holiday on the club’s point guard depth chart.
Although Deni Avdija has been cleared for basketball activities, he’s not playing for the Wizards in Summer League, writes Katz. The club wants to limit the risk of a setback for 2020’s lottery pick, who is recovering from a right fibular hairline fracture.

Wizards To Acquire Spencer Dinwiddie Via Sign-And-Trade

August 4th, 2021 at 11:56pm CST by Luke Adams

11:56pm: The Spurs are sending the draft rights to 2015 first-round pick Nikola Milutinov to the Nets in the five-team trade, according to Fred Katz of The Athletic (Twitter link). That will satisfy the “touching” requirements we outlined below and allow the deal to be officially completed once the moratorium ends on Friday.

Katz adds (via Twitter) that the Wizards have also agreed to trade one more second-round pick (Chicago’s 2023 selection) to the Lakers. Washington is giving up five second-round selections in the deal (three to the Lakers, one to the Spurs, and one to the Nets), as well as a second-round swap (to the Nets).

Finally, Katz reports that the third year of Dinwiddie’s contract will be partially guaranteed (Twitter link).

5:04pm: The Wizards and Spencer Dinwiddie are in agreement on a three-year, $62MM deal that will land the veteran point guard in Washington, reports Shams Charania of The Athletic (Twitter link). The club will acquire Dinwiddie from the Nets via sign-and-trade.

That $62MM figure had been expected for Dinwiddie’s deal with the Wizards, since it’s the most the team could pay him by looping his sign-and-trade into the larger Russell Westbrook deal with the Lakers, notes Fred Katz of The Athletic (Twitter link).

According to Charania (Twitter link), the Nets will receive a second-round pick and a draft-pick swap from the Wizards in the sign-and-trade agreement. The move will also create an $11.5MM trade exception for Brooklyn.

Additionally, the Wizards will trade Chandler Hutchison and a second-round pick to the Spurs as part of the multi-team deal, Charania reports (via Twitter). Moving Hutchison’s $4MM+ salary will allow Washington to remain out of tax territory for now, tweets ESPN’s Bobby Marks.

Adrian Wojnarowski of ESPN (Twitter link) provides the details on the draft assets, reporting that the Wizards are sending a 2022 second-rounder to San Antonio and a 2024 second-rounder to Brooklyn, as well as a 2025 second-round pick swap to the Nets.

The 2022 second-round pick headed to San Antonio will be the most favorable of the Lakers’, Bulls’, and Pistons’ second-rounders, tweets Fred Katz of The Athletic.

That 2025 swap will give Brooklyn a chance to send Golden State’s second-rounder to Washington in exchange for the Wizards’ 2025 second-rounder, tweets Tim Bontemps of ESPN. The 2024 second-rounder will be the more favorable of the Wizards’ and Grizzlies’ selections, Bontemps adds.

In total, Wojnarowski tweets, the deal will include five teams: the Wizards, Nets, Spurs, Lakers, and Pacers. The Westbrook trade agreement and the Wizards’ deal for Aaron Holiday will become part of this larger deal once it’s officially completed after the moratorium lifts on Friday.

Here’s what the full trade should look like, based on the details reported to date:

Wizards to acquire Dinwiddie (via sign-and-trade), Kyle Kuzma, Kentavious Caldwell-Pope, Montrezl Harrell, Holiday, and the draft rights to Isaiah Todd (No. 31 pick).
Lakers to acquire Westbrook, either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is less favorable; from Wizards), and the Wizards’ 2028 second-round pick.
Nets to acquire either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is more favorable; from Wizards) and the right to swap their the Warriors’ 2025 second-round pick for the Wizards’ 2025 second-round pick.
Spurs to acquire Hutchison and either the Bulls’, Lakers,’, or Pistons 2022 second-round pick (whichever is most favorable; from Wizards).
Pacers to acquire the draft rights to Isaiah Jackson (No. 22 pick).

As Eric Pincus of Bleacher Report points out (via Twitter), there will likely be at least one more piece involved between the Nets and Spurs in order to satisfy the rule that every team in a multi-team trade must “touch” two other teams in the deal. As reported so far, Brooklyn and San Antonio are each only receiving assets from (or sending an asset to) the Wizards. That last piece would likely be something minor, such as cash or the draft rights to a stashed player.

In Dinwiddie, the Wizards are getting a 28-year-old point guard who is coming off a lost season. He appeared in just three games before missing the rest of the 2020/21 campaign due to a partially torn ACL. However, Dinwiddie was reportedly cleared for all basketball activities in June and the expectation is that he’ll be good to go for the fall.

In his last full season, Dinwiddie averaged 20.6 PPG and 6.8 APG on .415/.308/.778 shooting in 64 games (31.2 MPG) for Brooklyn in 2019/20.

Word broke on Monday night that the Wizards and Dinwiddie were nearing an agreement, but the club didn’t have the cap space necessary to acquire him without getting the Nets’ cooperation in a sign-and-trade. Because Brooklyn didn’t want to take on any salary but wanted an asset or two for agreeing to play ball, it took all involved parties a couple days to work out the details of the deal that would get the point guard to D.C.

Lakers Waive Alfonzo McKinnie

August 4th, 2021 at 4:58pm CST by Luke Adams

AUGUST 4: The Lakers have officially released McKinnie, the team confirmed today in a press release.

AUGUST 3: The Lakers will waive veteran forward Alfonzo McKinnie, according to Shams Charania of The Athletic (Twitter link).

McKinnie still had two more years left on his minimum-salary contract with the Lakers, but his salaries for the next two seasons were fully non-guaranteed. As such, the team won’t be on the hook for any dead money as a result of releasing McKinnie, who will get a chance to seek out a new opportunity.

McKinnie, who will turn 29 next month, averaged 3.1 PPG and 1.4 RPG on .516/.410/.556 shooting in 39 games (6.6 MPG) for the Lakers in 2020/21.

Although McKinnie had been on a minimum contract, his $1.91MM salary for 2021/22 would’ve been higher than the cap hit for a newly-signed one-year, minimum-salary contract. So the Lakers will likely replace McKinnie on the roster with a free agent and save a bit of money in the process. That’s not insignificant, since the club projects to be well over the tax line this season.

Free Agency Rumors: Paul, Caruso, Birch, Green, Heat

August 4th, 2021 at 1:37pm CST by Eli Cohen

The Pelicans offered Chris Paul a $100MM contract early in free agency, ESPN’s Brian Windhorst said on today’s episode of The Hoop Collective podcast. Windhorst believes the Pelicans’ offer helped convince the Suns to add a fourth year to their offer — that fourth year is not guaranteed, but it’s not clear if New Orleans’ offer would have been fully guaranteed either.

According to Windhorst, after new Pelicans head coach Willie Green tried to help recruit him, Paul entertained the idea for some time before ultimately committing to the Suns.

On the same episode of The Hoop Collective podcast, ESPN’s Ramona Shelburne stated that Alex Caruso was willing to go back to the Lakers for three years and $30MM, but that the Lakers weren’t willing to higher than about $7MM per year for the veteran guard. Concerns about an exorbitant luxury-tax penalty factored into that decision, per Shelburne.

We have more free agency rumors:

Khem Birch could be nearing a return to the Raptors, according to Michael Grange of Sportsnet.ca (Twitter link). Grange reports that there’s “growing momentum” toward the two sides reaching a deal. The 28-year-old center was extremely productive in his 19 games for the Raptors after coming over in a trade, and has turned himself into a solid starting center over the last couple seasons.
Add the Cavaliers to the list of teams interested in Danny Green, reports ESPN’s Jordan Schultz. Schultz also confirms, in a follow-up tweet, that the Lakers remain interested in a reunion with Green, which Chris Haynes of Yahoo Sports previously reported. It doesn’t appear the Lakers will be able to offer Green more than the veteran’s minimum though.
Following their deal with Victor Oladipo, the Heat remain interested in a low-cost veteran guard who will be healthy at the start of the season, according to Barry Jackson of The Miami Herald (Twitter link), who names Lou Williams as a player who would “welcome” interest from the team.