Los Angeles Lakers Rumors | Hoops Rumors

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.

Free Agency Rumors: D. Green, Hart, Cavs, Caruso, DeRozan

August 3rd, 2021 at 10:13pm CST by Eli Cohen

Free agent swingman Danny Green has been in contact with the Sixers multiple times over the past two days, according to Harrison Sanford, co-host of Green’s The Green Room podcast (Twitter link).

Sandford said that as of this afternoon, the two sides were nowhere close to a deal, and that the Bucks, Celtics, Bulls and Pelicans have all reached out as well. He adds in a separate tweet that Green has pre-existing relationships with both Ime Udoka of the Celtics and Mike Budenholzer of the Bucks from his time with the Spurs.

We have more free agency rumors:

The Cavaliers have had some discussions about the possibility of a sign-and-trade for Pelicans restricted free agent forward Josh Hart, sources tell Chris Fedor of Cleveland.com (Twitter link). Without a sign-and-trade agreement, Cleveland would be limited to offering Hart the full mid-level exception, which New Orleans would presumably match.
Alex Caruso agreed to sign with the Bulls for four years, $37MM, and according to Zach Lowe of ESPN (hat tip to RealGM), the Lakers‘ offer to keep him was nowhere close to what was offered by Chicago. Ramona Shelburne added that – before Caruso agreed to his deal with the Bulls – the Timberwolves inquired about acquiring him in a sign-and-trade that would have included Marc Gasol, but didn’t have any luck.
According to K.C. Johnson of NBC Sports Chicago (Twitter link), Bulls general manager Marc Eversley was crucial in securing a commitment from DeMar DeRozan, as the two had a long-standing relationship from when Eversley was the assistant general manager for the Raptors. The Bulls’ GM flew to Los Angeles to meet with DeRozan in person and had a “fruitful” two-hour meeting, per Marc J. Spears of The Undefeated (Twitter link).

Lakers Sign Kendrick Nunn

August 3rd, 2021 at 4:15pm CST by Luke Adams

AUGUST 6: The Lakers have made it official with Nunn, announcing his new deal in a press release.

AUGUST 3: The Lakers and point guard Kendrick Nunn are in agreement on a two-year contract with a player option in year two, reports ESPN’s Adrian Wojnarowski (Twitter link).

Agent Adam Pensack tells Shams Charania of The Athletic (Twitter link) that the two-year deal will be worth $10MM, an indication that the Lakers are using the taxpayer mid-level exception to complete the signing.

Nunn turned down more money from the Knicks and other suitors in order to join the Lakers, according to Charania (Twitter link). He should get the opportunity to be Russell Westbrook‘s primary backup at the point on the new-look Lakers in 2021/22.

After beginning the free agency period as a restricted free agent, Nunn had his $4.7MM qualifying offer rescinded by the Heat once it became clear that there wouldn’t be room under the team’s hard cap to fit in a new deal for the 6’2″ guard. That made him unrestricted, opening the door for him to complete a contract agreement with the Lakers.

Nunn, who is celebrating his 26th birthday today, was out of Miami’s rotation at times in 2020/21, but played well when he saw regular minutes, averaging 14.6 PPG, 3.2 RPG, and 2.6 APG on .485/.381/.933 shooting in 56 games (29.5 MPG).

Having committed to using their taxpayer MLE, the Lakers now have a projected tax bill of $42.3MM, notes ESPN’s Bobby Marks (via Twitter).

Lakers Re-Sign Talen Horton-Tucker To Three-Year Deal

August 3rd, 2021 at 4:04pm CST by Luke Adams

AUGUST 6: The Lakers have officially re-signed Horton-Tucker, the team confirmed today in a press release.

AUGUST 3: Restricted free agent guard Talen Horton-Tucker has agreed to a three-year, $32MM deal to return to the Lakers, agents Rich Paul and Lucas Newton tell ESPN’s Adrian Wojnarowski (Twitter link). The deal includes a third-year player option, according to Broderick Turner of The Los Angeles Times (Twitter link).

Horton-Tucker, a second-round pick in the 2019 draft, averaged 9.0 PPG, 2.8 APG, and 2.6 RPG on .458/.282/.775 shooting in 65 games (20.1 MPG) for the Lakers in 2020/21.

Those numbers don’t exactly jump off the page, but Horton-Tucker is being paid more for his potential than his past performance. He won’t turn 21 until November, making him one of the youngest free agents on the market this summer. The Lakers expect him to take a big step forward in 2021/22, according to Wojnarowski (Twitter link).

The Lakers had Early Bird rights on Horton-Tucker and will take full advantage of those rights to re-sign him. The Early Bird exception allowed the team to go up to about $10.4MM for the first year in the 20-year-old’s new contract, and it appears his salary will be something close to that.

With a player option in the third year of his new deal, Horton-Tucker will have the opportunity to hit the open market again at age 22 as an unrestricted free agent. If he takes a major step forward in the next two years, he’ll be in line for a substantial payday at that point.

Lakers Sign Malik Monk

August 3rd, 2021 at 2:11pm CST by Luke Adams

AUGUST 6: The Lakers have officially signed Monk, per a team release.

AUGUST 3: The Lakers are poised to add another sharpshooter to their roster, having agreed to a deal with free agent guard Malik Monk, according to ESPN’s Adrian Wojnarowski (Twitter link). It’s believed to be a minimum-salary contract, tweets Keith Smith of Spotrac.

Monk, a former 11th overall pick, struggled in his first three NBA seasons, making just 32.2% of his three-point attempts and serving a drug-related suspension in 2020. However, he emerged as a reliable role player in 2020/21, averaging 11.7 PPG on .434/.401/.819 shooting in 42 games (20.9 MPG).

The Hornets opted not to tender Monk a $7MM+ qualifying offer over the weekend, making him an unrestricted free agent and ensuring that a team like the Lakers can sign him outright without having to worry about an offer being matched.

After nearly acquiring Buddy Hield in a trade with Sacramento last week, the Lakers pivoted and agreed to acquire Russell Westbrook instead, creating a major need for shooting on the wing.

The team began to address that need by agreeing to minimum-salary deals with Wayne Ellington, Kent Bazemore, and Trevor Ariza on day one of free agency. Monk will give the Lakers another option for spacing the floor around their stars.

Lakers Sign Carmelo Anthony To One-Year Deal

August 3rd, 2021 at 2:09pm CST by Luke Adams

AUGUST 6: Anthony’s deal with the Lakers is now official, according to a press release from the team.

AUGUST 3: Carmelo Anthony will be teaming up with Russell Westbrook, Anthony Davis, and LeBron James in Los Angeles, according to ESPN’s Adrian Wojnarowski (Twitter link), who hears from Anthony’s manager Bay Frazier that the veteran forward has agreed to sign a one-year contract with the Lakers.

Anthony has confirmed the news in a video announcement on Twitter. He’ll get a minimum-salary contract.

Anthony was said to be weighing interest from both the Lakers and Knicks on the first day of free agency and ultimately opted to team up with his close friend James for the first time rather than pursuing a second stint in New York.

After consistently averaging 20+ points per game earlier in his NBA career, the 37-year-old forward has transitioned into a complementary role in Portland over the last two seasons.

He averaged 13.4 PPG and 3.1 RPG on .421/.409/.890 shooting in 69 games (24.5 MPG) for the Blazers in 2020/21, accepting a full-time role off the bench for the first time in his career.

The Lakers have been busy filling out their rotation around their stars since free agency began less than 24 hours ago. So far the team has come to terms with Anthony, Malik Monk, Kent Bazemore, Trevor Ariza, Wayne Ellington, and Dwight Howard.

Trade Rumors: Dinwiddie, Hornets, Ingles, T. Young

August 3rd, 2021 at 1:10pm CST by Arthur Hill

Spencer Dinwiddie is close to a deal with the Wizards, but it may take some complex maneuvering to get him there, Fred Katz writes in The Athletic’s free agency recap. The two sides are reportedly hammering out a three-year contract worth $60MM, but Washington is over the cap, so a sign-and-trade will have to be arranged involving the Nets and maybe more teams.

Katz points out that Brooklyn is already over the luxury tax threshold for next season and isn’t interested in adding salary. He suggests the teams may try to tie this deal to the trade sending Russell Westbrook to the Lakers. Katz is confident that Dinwiddie will eventually join the Wizards, but it won’t be easy to work through the details.

In the same piece, Alex Schiffer notes that Brooklyn has been trying to unload DeAndre Jordan‘s contract, which is worth nearly $20MM over the next two years. John Hollinger says the Lakers could send Kyle Kuzma directly to the Nets instead of the Wizards, which would enable Brooklyn to include Jordan and avoid a huge rise in its tax bill.

There’s more on potential trades to watch for:

The Hornets are one of the few teams that still has flexibility after an active first night of free agency, Hollinger adds. A sign-and-trade of Devonte’ Graham allows Charlotte to have $15MM in cap room or to expand the deal and bring another player, possibly Lauri Markkanen. Hollinger states that the Hornets still need one more guard and another big man.
The Warriors would be interested in trading for Joe Ingles if the Jazz make him available, sources tell Marcus Thompson II of The Athletic. Ingles will turn 34 soon, but his passing and shooting would be valuable in Golden State’s system, though Thompson cautions that actually acquiring him would be tricky from a cap perspective. The Warriors still have hope of signing longtime Spurs guard Patty Mills, Thompson adds.
Several contending teams and younger teams are interested in getting Thaddeus Young from the Bulls, tweets Joe Cowley of The Chicago Sun-Times. Chicago is hoping to resolve the situation with Markkanen before making a decision on Young.
There’s still a chance the Raptors could keep Goran Dragic– who is being acquired from the Heat in the Kyle Lowry sign-and-trade – rather than flipping him to another team, according to Michael Grange of Sportsnet (Twitter link).

Western Notes: J. Jackson, Gasol, Blazers, Kings, Christie

August 3rd, 2021 at 8:33am CST by Luke Adams

A total of 56 free agents reached contract agreements with teams around the NBA on Monday, but not a single one of those players is signing with the Grizzlies. That’s by design though, according to Evan Barnes of The Memphis Commercial Appeal, who writes that Memphis’ plan was always to have a quiet free agent period and focus on negotiating a potential contract extension with Jaren Jackson Jr.

One of 24 players eligible for a rookie scale extension this offseason, Jackson won’t get a maximum-salary deal like Luka Doncic, Trae Young, and Shai Gilgeous-Alexander. But Grizzlies head of basketball operations Zach Kleiman has suggested that the former fourth overall pick remains very much in the franchise’s long-term plans.

“I think we’re going to be our best selves over time with Jaren,” Kleiman said after the draft, per Barnes. “Spacing the floor, attacking, creating, defensively taking advantage of the versatility he brings to the table.”

Here’s more from around the West as we wait for day two of free agency to start heating up:

When Marc Gasol signed a two-year, minimum-salary contract with the Lakers last summer, there was some speculation that he might decide to retire after the 2020/21 season. That’s not his plan though. As Brian Windhorst of ESPN tweets, Gasol told reporters following Spain’s elimination from the Olympics on Tuesday that he intends to continue his NBA career and finish his contract with L.A.
The Trail Blazers formally announced Chauncey Billups‘ coaching staff in a press release on Monday, confirming that previously-reported assistant coaching hires such as Scott Brooks, Roy Rogers, Steve Hetzel, and Edniesha Curry are now official. Former Long Island Nets assistant Milt Palacio will also be part of Billups’ staff, according to the team.
Doug Christie is moving from the broadcast booth to the sidelines, as the Kings officially announced the former NBA player and veteran TV analyst will be joining Luke Walton‘s staff as an assistant coach. Christie, who played for Sacramento from 2000-05, said in a statement that coaching for the Kings has been a “dream of mine.”