Los Angeles Lakers Rumors | Hoops Rumors

Raptors Notes: VanVleet, Schroder, Anunoby, Coaching Staff

July 1st, 2023 at 10:20pm CST by Arthur Hill

The Raptors and Rockets both increased their offers to Fred VanVleet Friday night before he decided to sign with Houston, according to Michael Grange of Sportsnet.ca.

Toronto had been hesitant to exceed $90MM over three years, with one source describing it to Grange as a “glass ceiling.” Although VanVleet is one of the most accomplished players in franchise history, he has missed 30 combined games due to injury over the last two years and he shot career lows both from the field and from three-point range last season. There were also concerns that going beyond that limit would inhibit the team’s ability to make other moves, such as re-signing center Jakob Poeltl.

The situation changed when rumors of James Harden returning to Houston died down and the Raptors realized that VanVleet had become the Rockets’ number one target. During a meeting with VanVleet shortly after the start of free agency, Raptors officials presented him with an expanded offer that brought it to $120MM for four seasons.

Sources tell Grange that VanVleet next met with the Rockets, who also added a year to their offer, increasing it to three years at nearly $129MM. After nearly three hours of waiting, the Raptors learned that they were losing their starting point guard.

There’s more from Toronto:

Lakers players will miss Dennis Schröder, whom the Raptors quickly signed as VanVleet’s replacement, per Dave McMenamin of ESPN. Austin Reaves called Schroder “one of the best teammates I’ve met” and said his commitment to winning over everything else made him stand out.
Before OG Anunoby finalized a change in his representation, he told prospective agents that he wants a situation with more ball-handling and playmaking responsibilities when he signs his next contract, according to Jake Fischer of Yahoo Sports. VanVleet’s departure and the addition of Darko Rajakovic as head coach might provide that opportunity for Anunoby in Toronto, Fischer suggests.
James Wade is the latest addition to Rajakovic’s coaching staff, tweets James Kay of TheNextHoops. Wade had been the general manager and head coach of the WNBA’s Chicago Sky.

Lakers Sign D’Angelo Russell To Two-Year Deal

July 1st, 2023 at 6:48pm CST by Alex Kirschenbaum

July 7: Russell’s new contract is now official, the Lakers announced (Twitter link via Jovan Buha of The Athletic).

July 1: The Lakers and point guard D’Angelo Russell have reached an agreement on a two-year contract that will be worth $37MM, his agents at CAA Basketball tell Adrian Wojnarowski of ESPN. According to Wojnarowski, Russell will hold a player option for 2024/25 as part of the deal.

Los Angeles acquired the 6’4″ vet, whom the Lakers initially drafted with the second pick in 2015, from the Timberwolves this past February. The Russell acquisition headlined a flurry of tactical moves designed to improve the club’s positional balance and add more shooting around stars LeBron James and Anthony Davis.

The 27-year-old performed exceptionally well as a supplemental scorer and passer upon being installed as L.A.’s starting point guard. Across his 17 healthy regular season contests with Los Angeles, he averaged 17.4 PPG on .484/.414/.735 shooting splits, plus 6.1 APG and 2.9 RPG.

The playoffs were a different story. His jump shooting took a major dive, and opposing teams often targeted him on defense. Russell averaged 13.3 PPG on a .426/.310/.769 slash line, 4.6 APG, 2.9 RPG and 0.7 SPG in the playoffs.

Yesterday’s announced signing of ex-Heat point guard Gabe Vincent, a better defender who enjoyed a much better postseason, made Russell’s future in Los Angeles seem a bit more tenuous. Though Russell’s contract makes it seem like he will at least begin the season as the team’s starter, one wonders if that will be the case at the end of the season.

Russell Westbrook Re-Signs With Clippers

July 1st, 2023 at 5:41pm CST by Arthur Hill

JULY 6: Westbrook’s new deal with the Clippers is official, according to NBA.com’s transaction log.

JULY 1: Russell Westbrook will re-sign with the Clippers for nearly $8MM over two years, tweets ESPN’s Adrian Wojnarowski. Westbrook will receive a player option for the second season, Wojnarowski adds.

L.A. will use the Non-Bird exception for Westbrook, who joined the team in February after being traded to the Jazz and negotiating a buyout. The Clippers are limited to a 20% raise for Westbrook over the veteran’s minimum contract he played under last season.

He will receive $3,835,738 for the 2023/24 season and $4,027,525 for the following year if he exercises the option. The deal gives Westbrook a chance to opt out and test the market again next summer as an unrestricted free agent.

Westbrook struggled through the season and a half he spent with the Lakers, but he was able to revive his reputation somewhat with the cross-town Clippers. He became a full-time starter again after the move and averaged 15.8 points, 4.9 rebounds and 7.6 assists in 21 games while helping the team avoid falling into the play-in tournament.

The Clippers were “eager” to keep Westbrook after his late-season performance, Wojnarowski adds.

The former MVP and nine-time All-Star is considered a shoo-in Hall of Famer, but his standing around the league has fallen in recent years due to his declining shooting percentage, his penchant for turnovers and the number of times he has changed teams. After spending the first 11 seasons of his career in Oklahoma City, the Clippers marked Westbrook’s fifth team in six years.

He also became a scapegoat for an underachieving Lakers team, and trade rumors started circulating shortly after he was acquired in a 2021 deal. The Lakers had to part with a future first-round pick to send him to Utah, but before that happened, he experienced a coaching change and was made a full-time bench player for the first time in his career.

Clippers management was originally cool on the idea of adding Westbrook in February, but they relented after lobbying from Paul George and Kawhi Leonard.

L.A. was considered to be among the front-runners to land Chris Paul after the Suns traded him to Washington last month, but the Warriors snagged Paul by agreeing to part with Jordan Poole. The Clippers indicated that they would have considered re-signing Westbrook even if they had traded for Paul.

Lakers Re-Sign Austin Reaves To Four-Year Contract

July 1st, 2023 at 2:07pm CST by Luke Adams

JULY 6: Reaves is officially back under contract with the Lakers. The team issued a press release announcing the signing.

JULY 1: Restricted free agent guard Austin Reaves will be returning to the Lakers, per Shams Charania of The Athletic (Twitter link), who hears from agents Aaron Reilly and Reggie Berry that Reaves will be signing a four-year contract worth the full Early Bird amount to remain in Los Angeles.

The deal will be worth just shy of $54MM. It will include a fourth-year player option, per Michael Scotto of HoopsHype (Twitter link), and will feature a 15% trade kicker, according to Charania (Twitter link).

It’s a great outcome for the Lakers, who only held Reaves’ Early Bird rights and couldn’t legally offer him any more than approximately $54MM over four years. Because he was an Arenas provision free agent, Reaves would have been eligible for a back-loaded offer sheet worth in excess of $100MM from a rival suitor, which Los Angeles could have matched.

However, either that offer sheet didn’t materialize or Reaves simply opted to negotiate directly with the Lakers in order to stay with the club that helped facilitate his breakout season in 2022/23.

The No. 12 free agent on our top-50 list, Reaves averaged 13.0 points, 3.4 assists, and 3.0 rebounds in 28.8 minutes per game with an excellent .529/.398/.864 shooting line in 64 regular season appearances last season. He was a full-time starter in the postseason and played even better, putting up 16.9 PPG, 4.6 APG, and 4.4 RPG on .464/.443/.895 shooting in 16 contests (36.2 MPG).

It has been a busy 24 hours for the Lakers, who also reached agreements to re-sign D’Angelo Russell and Rui Hachimura and lined up deals with Gabe Vincent, Taurean Prince, Cam Reddish, and Jaxson Hayes.

Assuming they sign Maxwell Lewis to a rookie-minimum contract, the Lakers will be right up against the luxury tax line with at least one roster spot still to fill, tweets Yossi Gozlan of HoopsHype. However, they’ll have plenty of breathing room below the first tax apron ($172.3MM), which will be their hard cap for the season.

The Lakers will likely seek one more big man with their 14th roster spot and will plan on keeping the 15th slot open to begin the 2023/24 season, tweets Dave McMenamin of ESPN.

Pacific Notes: Lakers, Draymond, Preston, Duarte, Kings

July 1st, 2023 at 10:58am CST by Rory Maher

The Lakers made some roster changes yesterday, agreeing to free agent deals with guard Gabe Vincent and forwards Taurean Prince and Cam Reddish. They’re also signing big man Jaxson Hayes to fortify their frontcourt depth.

Vincent will replace Dennis Schröder, who wound up signing with Toronto after the Raptors lost Fred VanVleet in free agency. That transaction came after the Vincent deal was reported.

Team sources tell Jovan Buha of The Athletic that the Lakers contemplated re-signing Schröder, but believe Vincent is a better player and will provide more value. According to Buha, head coach Darvin Ham was one of the people “strongly in favor” of bringing Schröder back.

Despite waiving Mohamed Bamba before his $10.3MM salary became guaranteed, the center is still interested in returning to Los Angeles, a source tells Buha. However, Buha’s article was released before the team agreed to sign Hayes, and the Lakers still have Wenyen Gabriel and Tristan Thompson as free agents.

Here’s more from the Pacific:

Draymond Green and the Warriors both had negotiating wins for his new four-year, $100MM contract, writes Anthony Slater of The Athletic. As Slater explains, the Warriors got significant tax savings for 2023/24 by Green taking a first-year pay cut compared to his declined player option, while Green got a fourth year tacked on to the end of the deal.
Clippers and guard Jason Preston mutually agreed to push back his salary guarantee date to July 18, a source tells Andrew Greif of The Los Angeles Times (Twitter link). The 33rd pick of the 2021 draft out of Ohio University, Preston missed his entire rookie season after undergoing right foot surgery. Preston only appeared in 14 regular season games for a total of 124 minutes this past season. The 23-year-old spent most of ’22/23 in the G League with the team’s G League affiliate. His salary will remain non-guaranteed for now.
The Kings and Pacers were reportedly nearing an agreement Friday morning on a trade that would send wing Chris Duarte to Sacramento in exchange for draft compensation. However, as of Friday night, the two teams had yet to agree to terms, a league source tells Jason Anderson of The Sacramento Bee.

Lakers Sign Jaxson Hayes To Two-Year Deal

July 1st, 2023 at 8:38am CST by Rory Maher

JULY 6: The Lakers have officially signed Hayes, they announced today in a press release.

JULY 1: The Lakers are signing Jaxson Hayes to a two-year contract, sources tell ESPN’s Adrian Wojnarowski (Twitter links). The second year will be a player option, Woj adds.

It seems likely that Hayes will be receiving the veteran’s minimum, barring a sign-and-trade with New Orleans.

Hayes, 23, was the eighth overall pick of the 2019 draft after one college season at Texas. He spent his first four NBA seasons with the Pelicans, who chose not to give him a qualifying offer in order to make him a restricted free agent.

A 6’11” big man who has played both forward and center but is primarily viewed as a five, Hayes has yet to live up to his draft status, averaging 7.5 points and 4.0 rebounds in 241 regular season games with the Pelicans over the past four years (16.8 minutes). In 610 total minutes in 2022/23, he had the worst on/off differential on the team, per NBA.com.

Still, while Hayes doesn’t have a great basketball IQ, he’s young and is a strong run-and-jump athlete. Considering he’s probably getting a minimum-salary deal, he was worth a flier as a potential buy-low candidate given the dearth of available big men on the market.

Spurs, Rockets Have Most Remaining Cap Room

July 1st, 2023 at 7:41am CST by Luke Adams

As we enter the first day of the NBA’s 2023/24 league year, two Southwest rivals – the Spurs and Rockets – are the teams with the most projected cap room still available, according to ESPN’s Bobby Marks (Twitter links) and Keith Smith of Spotrac (Twitter link).

San Antonio and Houston were active on Friday night. The Spurs reached agreements to re-sign restricted free agents Tre Jones and Julian Champagnie, while the Rockets made one of the biggest splashes of the summer so far by agreeing to a three-year, maximum-salary contract with Fred VanVleet. However, Jones and Champagnie have cap holds below their projected salaries, while Houston entered the offseason with approximately $64MM in room, so both teams still have plenty of flexibility.

Marks projects the Spurs at $29MM in remaining space, while Smith suggests they could actually still create up to $34MM+ if needed. Either way, they still have more spending power than any team in the NBA. Both Marks and Smith have the Rockets at approximately $25MM.

The Kings, Jazz, and Pacers are among the other clubs that still project to have more than $10MM in cap room remaining, though Sacramento’s and Indiana’s figures are hard to pin down because they’ll hinge on whether the teams complete their rumored trade involving Chris Duarte. The Kings also still have a path to remain an over-the-cap team if they want to, since none of their reported moves so far absolutely require cap space.

Here are a few other things to watch as the second day – and first full day – of the free agent period gets underway:

While our top seven free agents of 2023 came off the board in the first several hours of free agency, plenty of players in our top 20 are still available: Miles Bridges (No. 8), D’Angelo Russell (9), P.J. Washington (11), Austin Reaves (12), Brook Lopez (15), Max Strus (16), Dillon Brooks (18), Grant Williams (19), and Donte DiVincenzo (20).
The Cavaliers are reportedly trying to acquire Strus in a sign-and-trade deal involving the Heat and a third team, rumored to be the Spurs. Cleveland doesn’t have the mid-level available for Strus, having committed it to Georges Niang, but Miami doesn’t appear to have interest in taking back salary in a deal, so San Antonio’s cap space could come in handy.
The Lakers were busy on the first day of free agency, agreeing to re-sign Rui Hachimura and reaching deals to bring in Gabe Vincent and Taurean Prince. However, Russell and Reaves don’t have deals yet. Sources tell Jovan Buha of The Athletic that the Lakers remain interested in re-signing both players and are still in position from a financial perspective to bring them back.
Tyrese Haliburton and Desmond Bane agreed to maximum-salary rookie scale extensions late on Friday night. Will other extension-eligible players join them on Saturday? Rising Timberwolves star Anthony Edwards looks like the best bet among the rookie scale candidates. Celtics big man Kristaps Porzingis, Raptors swingman Gary Trent Jr., and Jazz guard Jordan Clarkson were among the players said to be making progress in extension talks on Friday, so perhaps they’ll reach agreements soon. As for Jaylen Brown, who is eligible for a super-max contract with the Celtics, a league source tells Adam Himmelsbach of The Boston Globe that the All-NBA wing isn’t expected to agree to terms immediately, but both sides are confident that a deal will be made sooner or later.
Of course, James Harden remains the biggest name on the trade block, but by all accounts, the Sixers aren’t eager to rush into a deal, so we shouldn’t necessarily expect resolution on that front right away.
We’ll be tracking all the latest news and rumors all day, and updating our free agent tracker with the newest free agent agreements.

Free Agent Rumors: G. Williams, Lakers, Gordon, Vincent, Brooks

July 1st, 2023 at 1:39am CST by Alex Kirschenbaum

The Celtics are letting the market dictate how they proceed with the contract of restricted free agent power forward Grant Williams.

Sources tell Adam Himmelsbach of The Boston Globe that, since Boston has the right of first refusal on Williams, the team is waiting to see if he gets an offer sheet before making a decision on his future.

The 3-and-D role player could be feeling some roster squeeze if he does return to the Celtics next season, as the club will now boast a frontcourt that features Kristaps Porzingis in addition to Al Horford and Robert Williams III.

Here’s more from around the league:

The Lakers may be open to bringing back unrestricted free agent shooting guard Malik Beasley for next season, even after deciding not to pick up their $16.5MM option on him for 2023/24. Sources tell Jake Fischer of Yahoo Sports that team president Rob Pelinka still appreciates Beasley as a player and the club has some interest in re-signing him on what would have to be a significantly smaller deal. Fischer adds that the Lakers have not yet made a determination on the future of starting point guard D’Angelo Russell, though both Russell’s management and L.A. had been hopeful about reaching a new long-term deal earlier Friday.
Fischer adds that the Raptors were viewed as a prime suitor Gabe Vincent as it became increasingly clear that Fred VanVleet would sign a huge new contract with the Rockets. However, after Lakers mid-level target Bruce Brown joined the Pacers early on in free agency, Los Angeles weighed a pursuit of shooting guard Eric Gordon before ultimately deciding on Vincent. Sources tell Fischer that the Raptors didn’t end up reaching out to Vincent during free agency.
The Heat offered Vincent a four-year, $34MM contract to stay in Miami, a source tells Tim Reynolds of The Associated Press (via Twitter). The 27-year-old instead opted for a shorter-term deal with a higher annual salary, accepting a three-year, $33MM offer from the Lakers.
The Rockets‘ anticipated meeting with small forward Dillon Brooks is taking place either late on Friday or at some point on Saturday, reports Kelly Iko of The Athletic. According to Iko, the defensive-oriented 6’7″ swingman has had conversations with the Bucks and Lakers on Friday while Houston focused on locking up VanVleet. Now that the Lakers have committed most of their mid-level exception to Vincent, they’re likely no longer a viable landing spot for Brooks, Iko notes.

Lakers Sign Cam Reddish To Two-Year Contract

June 30th, 2023 at 8:09pm CST by Alex Kirschenbaum

JULY 6: The Lakers have officially signed Reddish, the team confirmed in a press release.

JUNE 30: The Lakers are signing free agent forward Cam Reddish to a two-year contract, per Brad Turner of The Los Angeles Times and Shams Charania of The Athletic (Twitter links).

Klutch Sports CEO Rich Paul informs Dave McMenamin of ESPN that the second year of the agreement will be a player option. Michael Scotto of HoopsHype reveals (via Twitter) that the contract will be a minimum deal.

The athletic 6’8″ small forward is already pretty well-traveled as he embarks on just his fifth NBA season in 2023/24. The Hawks selected him with the tenth overall pick in the 2018 draft out of Duke. He has since suited up, briefly, for the Knicks and Trail Blazers.

Splitting his 2022/23 season between New York and Portland, he averaged 9.7 PPG, 2.2 RPG, 1.4 APG and 1.0 APG in 40 contests.

Los Angeles has enjoyed a very proactive first few hours of free agency. Beyond taking this flyer on Reddish, the Lakers have also already re-signed restricted free agent power forward Rui Hachimura and added point guard Gabe Vincent and combo forward Taurean Prince.

L.A. will now determine the fates of restricted free agent shooting guard Austin Reaves, plus unrestricted free agent guards D’Angelo Russell, Dennis Schroder, and Lonnie Walker IV, all of whom helped the club return to its first Western Conference Finals since 2020.

Lakers Sign Rui Hachimura To Three-Year Deal

June 30th, 2023 at 7:44pm CST by Rory Maher

JULY 6: The Lakers have officially re-signed Hachimura, the team confirmed today in a press release.

JUNE 30: The Lakers have reached an agreement with Rui Hachimura, according to Shams Charania of The Athletic (Twitter link). Sources tell Charania that the restricted free agent forward will sign a three-year, $51MM contract to remain in Los Angeles.

According to Brad Turner of The Los Angeles Times (Twitter link), Hachimura’s deal will be fully guaranteed.

The ninth pick of the 2019 draft, Hachimura spent his first three-plus NBA seasons with the Wizards, averaging 13.0 PPG and 5.1 RPG on .479/.356/.776 shooting in 177 games over that span (118 starts, 27.8 MPG). In 30 games with the Wizards in 2022/23, he averaged 13.0 PPG and 4.3 RPG on .488/.337/.759 shooting in 24.3 MPG off the bench.

Hachimura was traded to the Lakers in January in exchange for Kendrick Nunn and three second-round picks. His regular-season numbers actually declined with L.A., with the Japanese forward posting 9.6 PPG and 4.7 RPG on .485/.296/.721 shooting in 33 games (nine starts, 22.4 MPG).

However, he had a scorching hot playoff run, posting a .557/.487/.882 shooting line across 16 postseason appearances. He also chipped in 12.2 PPG and 3.6 in 24.3 MPG during the Lakers’ journey to the Western Conference Finals.

Hachimura was eligible for a rookie scale extension before last season started and reportedly received an offer in the range of $12-14MM per year, but passed on that opportunity in search of a bigger deal in free agency. It turned out to be a wise financial decision, as he’ll be making $17MM annually on his new contract.

In case you missed it, the Lakers have also reached free agent agreements with guard Gabe Vincent and forward Taurean Prince.