Memphis Grizzlies Rumors | Hoops Rumors

Grizzlies Trade Adams To Rockets For Oladipo, Second-Round Picks

February 2nd, 2024 at 5:40am CST by Tristan Tucker

FEBRUARY 2: The trade is official, according to press releases from both the Rockets and Grizzlies.

The three draft picks sent from Houston to Memphis in the deal are as follows, per Wojnarowski (Twitter link) and The Athletic’s John Hollinger:

The Thunder’s 2024 second-round pick.
Either the Nets’ 2024 second-round pick (protected 55-58) or the Warriors’ 2024 second-round pick (protected 56-58) (whichever is most favorable).
Either the Rockets’ 2025 second-round pick or the Thunder’s 2025 second-round pick (whichever is most favorable).

FEBRUARY 1: The Grizzlies are trading center Steven Adams to the Rockets in exchange for Victor Oladipo and three second-round picks, according to ESPN’s Adrian Wojnarowski (Twitter link). Adams is out for the season with a knee injury while Oladipo is also battling a long-term left patellar tendon injury.

According to Wojnarowski (Twitter link), the Grizzlies are acquiring two 2024 second-round picks and a 2025 second-round pick in the trade.

The move is a primarily financial one from Memphis’ side, according to Wojnarowski (Twitter link). The Grizzlies were and are facing tough contract decisions with an expensive roster set for 2024/25. Ja Morant, Desmond Bane, Jaren Jackson Jr. and Marcus Smart are among players set to make $20MM or more next season and, before acquiring Oladipo, their only free-agent-to-be next season was Xavier Tillman. Adams is set to make $12.6MM next season while Oladipo is on an expiring deal.

Not including the cap hold for a likely lottery pick, the Grizzlies had $186MM in salary for next season with the second apron projected for $190MM, according to Marks (Twitter link). Moving Adams creates some breathing room to the club, who may also look to shed additional salary ahead of next week’s deadline.

While Tillman was the Grizzlies’ only projected standard free agent, they also could look to move Luke Kennard, who possesses a $14.7MM team option for next season. While they could simply decline the option, it may make sense to try and extract value for the career 43.7% three-point shooter. Alternatively, they could exercise Kennard’s team option and look to make smaller moves to duck out of tax territory, according to Spotrac’s Keith Smith.

If they don’t flip him in another trade, the Grizzlies could buy out Oladipo in order to create an opening on their 15-man roster. Two-way player GG Jackson is impressing and is only under contract through the season. Memphis could work out a longer-term deal with him and have the 19-year-old forward take Oladipo’s roster spot, if they so choose.

The Rockets are getting a quality big man when healthy who can play alongside or behind rising star Alperen Sengun. Although Adams is out for the rest of the season, he’s the kind of physical big man the team was seeking. A Wednesday report indicated players like Portland’s Robert Williams and Atlanta’s Clint Capela were among the centers on Houston’s radar.

In the end, the Rockets landed on Adams, who should be full recovered for next season, according to Wojnarowski (Twitter link). Houston’s front office believes in the toughness and leadership he can bring to the team. Adams averaged 8.6 points, 11.5 rebounds, 1.1 blocks and 0.9 steals across 42 games with the Grizzlies in ’22/23.

Smith observes that while three second-round picks looks steep on paper for the Rockets, none of those picks are projected to be near the top of the second round. While the exact picks are unknown, the Rockets have second-rounders from Brooklyn, Golden State and Oklahoma City in 2024 and their only 2025 second-rounder is from the Thunder. Additionally, the Rockets are still well below the luxury tax for next season and can dip further by moving off of Jock Landale.

Memphis will be taking on Oladipo’s expiring contract using the $12.4MM disabled player exception they were granted as a result of Ja Morant‘s season-ending injury. That will allow the team to create a $12.6MM trade exception (equivalent to Adams’ full outgoing salary). As explained in our glossary, that trade exception would be good to use for one year.

Checking In On Active 10-Day Contracts, Roster Addition Deadlines

January 31st, 2024 at 4:00pm CST by Luke Adams

As our 10-day contract tracker shows, there are currently six 10-day deals active around the NBA. Here are those contracts, along with their expiry dates:

Malcolm Hill, Pelicans (runs through 2/5)
James Johnson, Pacers (runs through 2/7)
Matthew Hurt, Grizzlies (runs through 2/7)
Tosan Evbuomwan, Grizzlies (runs through 2/8)
Trey Jemison, Grizzlies (runs through 2/8)
Taj Gibson, Knicks (runs through 2/8)

Of those six 10-day deals, three are “hardship” signings — the Grizzlies have a full 15-man roster, but have allowed to sign three additional players to 10-day contracts, increasing their standard roster count to 18, since they’ve been hit so hard by injuries.

Hardship exceptions can only be granted 10 days at a time, so Memphis’ situation will need to be reassessed once the contracts for Hurt, Evbuomwan, and Jemison expire. If any of the six Grizzlies players affected by longer-term injuries are nearing a return at that point, the team won’t qualify for three hardship exceptions again, but could still be granted one or two.

If Memphis isn’t granted three hardship exceptions and wants to retain all three players, the club would need to make room for them on the 15-day roster.

The Pelicans and Pacers currently have 13 players on standard full-season contracts, so once Hill’s and Johnson’s 10-day contracts expire, they’ll have up to two weeks to re-add a 14th man. Teams can’t carry fewer than 14 players on their standard roster for more than 14 days at a time.

This is Johnson’s second 10-day deal with Indiana, meaning he’d be ineligible to sign another one — the Pacers would need to give him a rest-of-season contract to bring him back after February 7.

The Cavaliers and Trail Blazers have already dipped to 13 players on standard contracts after 10-day deals for Pete Nance and Taze Moore recently expired. Cleveland is permitted to keep those two 15-man open roster spots until February 10, while Portland can do so until February 12.

It’s worth noting that, in addition to only being able to carry fewer than 14 players for up to two weeks at a time, NBA teams aren’t permitted to do so for more than 28 days in a season. The Cavaliers and Blazers each used up 14 of those 28 days prior to signing Nance and Moore, respectively, so if they take the full two weeks again, they’ll be prohibited from dropping below 14 players on standard contracts for the rest of 2023/24.

For more information on which NBA teams have open roster spots, be sure to check out our tracker.

Derrick Rose Nearing Return

January 31st, 2024 at 3:00pm CST by Luke Adams

Grizzlies point guard Derrick Rose is nearing a return from the left hamstring strain that has sidelined him for nearly a full month, writes Damichael Cole of The Memphis Commercial Appeal. Rose, who hasn’t played since January 2, is participating in five-on-five work and is in the “latter stages” of his recovery, per head coach Taylor Jenkins. The hope is that he’ll be able to return within Memphis’ next three games.

Marc Gasol Announces Retirement

January 31st, 2024 at 11:54am CST by Luke Adams

Longtime NBA center Marc Gasol officially announced his retirement as a player on Wednesday, as relayed by Spanish outlet Diario Sport. Gasol has posted a formal five-minute video announcement on his Twitter account.

The 48th overall pick in the 2007 draft, Gasol didn’t enter the NBA with significant fanfare as a draft-and-stash prospect in 2008 after his rights were traded from the Lakers to the Grizzlies in a package for his brother Pau Gasol. However, he quickly emerged as a reliable starter in the middle and became a key member of the “Grit and Grind” Grizzlies, spending more than 10 seasons with the franchise.

An All-Star in 2012, 2015, and 2017 and the NBA’s Defensive Player of the Year in 2013, Gasol was eventually traded from Memphis to Toronto at the 2019 deadline and was the starting center for the Raptors team that won a championship that season. After one more year in Toronto, he spent the 2020/21 season with the Lakers.

In an echo of the start of his NBA career, Gasol was once again traded in September of 2021 from the Lakers to the Grizzlies, who subsequently waived him. That was the last time he was on an NBA roster. The 39-year-old spent the next two seasons with Basquet Girona, the team he owns and runs in Spain.

While Gasol indicated about two years ago that he hadn’t ruled out the possibility of an NBA return, he’s closing that door today with his official retirement announcement.

Gasol averaged 14.0 points, 7.4 rebounds, 3.4 assists, and 1.4 blocks in 891 career regular season NBA games (32.2 MPG), posting a shooting line of .481/.360/.776. He also appeared in 99 playoff contests with the Grizzlies, Raptors, and Lakers and earned a pair of All-NBA nods, including a spot in the First Team in 2015.

In addition to returning to his home country of Spain to conclude his playing career, Gasol also represented the Spanish national team in many international competitions, winning World Cup championships in 2006 and 2019 and taking home Olympic silver medals from Beijing in 2008 and London in 2012.

Grizzlies owner Robert Pera said at the time of Gasol’s trade to the Raptors that the franchise would one day retire his jersey (No. 33). The team could move forward on those plans now that the big man has formally retired.

And-Ones: Cauley-Stein, Rondo, Curry/Ionescu, Silver, Morant

January 30th, 2024 at 1:56pm CST by Luke Adams

Longtime NBA big man Willie Cauley-Stein, whose last brief stint in the league came with the Rockets at the end of the 2022/23 season, has signed with Indios de Mayaguez, the Puerto Rican team announced (Facebook link).

The sixth overall pick in 2015, Cauley-Stein signed with Italian club Pallacanestro Varese last summer, but the two sides parted ways in December, freeing up the veteran center to join a new team.

Here are a few more odds and ends from around the basketball world:

Four-time NBA All-Star Rajon Rondo was arrested on Sunday in Indiana for unlawful possession of a firearm, drug paraphernalia, and marijuana, reports Jason Riley of WDRB.com. An initial court hearing has been scheduled for February 27. Rondo appeared in nearly 1,100 total regular season and playoff games from 2006-22 but hasn’t been in the NBA since finishing the 2021/22 season with Cleveland.
The NBA confirmed on Tuesday in a press release that Warriors star Stephen Curry and WNBA sharpshooter Sabrina Ionescu will compete in a one-on-one three-point contest for charity on All-Star Saturday next month. Ionescu, who racked up 37 of 40 possible points in the final round of last season’s WNBA three-point contest, will shoot from the WNBA three-point line using WNBA balls, while Curry shoots from the NBA three-point line using NBA balls.
Tim Reynolds of The Associated Press lays out why Adam Silver‘s contract extension as NBA commissioner was seemingly a “no-brainer,” noting that that seems to be the consensus among players around the league as well. “Our league, from the time that I came in until now, it’s 10 times better,” Bucks star Giannis Antetokounmpo said. “Everything’s more organized. … I think he’s done a tremendous job. He’s definitely a max player.”
Grizzlies star Ja Morant is launching an AAU basketball program called “Twelve Time” that will be based in South Carolina and Georgia. Damichael Cole of The Memphis Commercial Appeal has the story.

Grizzlies Sign Tosan Evbuomwan, Trey Jemison Via Hardship Exceptions

January 30th, 2024 at 10:15am CST by Luke Adams

10:15am: The signings are official, the Grizzlies confirmed in a press release (Twitter link).

9:52am: The Grizzlies are signing forward Tosan Evbuomwan and center Trey Jemison to 10-day contracts, reports Adrian Wojnarowski of ESPN (Twitter links).

Memphis has a full 15-man standard roster and is actually carrying a 16th man – Matthew Hurt – after having been granted a hardship exception. According to Wojnarowski (Twitter link), the Grizzlies have been granted two additional hardship exceptions, so no cuts will be necessary to accommodate the new additions to the roster.

As we explain in our glossary, an NBA team qualifies for a hardship exception when it has four players unavailable due to injury or illness, assuming those players have missed at least three consecutive games and are expected to remain sidelined for two or more weeks. The Grizzlies have been granted three hardship spots because they have a total of six injured players who meet the criteria: Ja Morant, Steven Adams, Brandon Clarke, Desmond Bane, Marcus Smart, and Jake LaRavia.

Evbuomwan, a rookie, went undrafted out of Princeton in 2023 and spent training camp with the Pistons before being designated as an affiliate player for Detroit’s G League affiliate, the Motor City Cruise. In 29 games for the Cruise this season, he has averaged 15.1 points, 8.6 rebounds, and 3.9 assists in 34.5 minutes per contest, with a shooting line of .559/.347/.731. He’ll get a chance to make his regular season NBA debut in Memphis.

Jemison, meanwhile, had been on a 10-day contract with the Wizards after spending most of the season with the Birmingham Squadron. The rookie big man, who went undrafted out of UAB last June, very briefly saw the floor in two games with Washington before his 10-day deal expired last night.

Well out of the play-in race in the Western Conference and with two of their most important players – Morant and Adams – sidelined for the rest of the season, the Grizzlies are using their hardship exceptions to take a look at some younger players rather than focusing on adding win-now veterans to a depleted roster.

If their deals are finalized today, Evbuomwan and Jemison will remain under contract through next Thursday (February 8). They’ll earn $64,343 apiece during their 10 days with the Grizzlies.

GG Jackson May Have Been Top Pick This Year

January 29th, 2024 at 9:18pm CST by Dana Gauruder

Did GG Jackson come out too soon to the NBA? One talent evaluator interviewed by Damichael Cole of the Memphis Commercial Appeal feels that way. Jackson was selected with the No. 45 pick by the Grizzlies last June. Rafael Barlowe said Jackson might have cashed in as the top pick in this year’s draft if he had stayed in college. Jackson has scored in double digits in five of his last eight NBA appearances. “If he stayed in this class, he would have had another year of maturity, and the things that he’s doing right now, he’d be doing them on the college level,” Barlowe said. “I don’t think there would be anybody better.”

Grizzlies Sign Matthew Hurt To 10-Day Hardship Deal

January 29th, 2024 at 4:40pm CST by Dana Gauruder

5:09pm: Hurt has officially signed his 10-day contract, the team tweets.

4:40pm: The injury-ravaged Grizzlies are signing forward Matthew Hurt to a 10-day contract via the hardship exception, Shams Charania of The Athletic tweets.

Hurt has been playing for their NBA G League affiliate, the Memphis Hustle, averaging 22.2 points and 7.4 rebounds per game.

The Grizzlies list eight players as out for their home game tonight against Sacramento (Twitter link). John Konchar and Ziaire Williams are listed as doubtful and Vince Williams Jr. is listed as questionable.

Starters Ja Morant and Steven Adams are out with season-ending injuries, while key rotation player Brandon Clarke has yet to play this season and Desmond Bane, Marcus Smart, and Jake LaRavia have been out for multiple weeks.

Yet the Grizzlies have somehow remained competitive, winning three of their last four games.

Hurt was on Memphis’ training camp roster but was waived in mid-October. He also played for the Grizzlies’ G League affiliate last season, averaging 13.9 points, 3.9 rebounds and 1.3 assists in 45 G League Showcase and regular season games.

Stein’s Latest: Lakers, Murray, TV Deal, Tillman, J. Allen

January 28th, 2024 at 4:00pm CST by Luke Adams

There has been “little to no” dialogue in recent days between the Lakers and Hawks about a potential Dejounte Murray trade, league sources tell veteran NBA reporter Marc Stein (Substack link). The clubs reportedly previously discussed the possibility of a deal that would include D’Angelo Russell, the Lakers’ 2029 first-round pick, a pick swap, and possibly rookie Jalen Hood-Schifino.

As Stein notes, there’s still more than enough time before the February 8 trade deadline for the two teams to reengage, but he spoke to one source briefed on the talks who believes it’s “unrealistic” that Murray ends up with the Lakers.

One factor for the disconnect between the two clubs, Stein explains, is a gap in how they value Russell. The veteran point guard has been playing some of the best basketball of his career as of late, averaging 27.5 points and 6.4 assists per game since being reinserted into the Lakers’ starting lineup on January 13.

However, the Hawks appear to have no real interest in acquiring D-Lo and would want to flip him to a third team in a potential Murray trade. With Russell performing so well recently, the Lakers’ pursuit of Murray seems to have been “dialed back,” Stein writes.

Here’s more from Stein’s latest Substack article:

Some industry insiders think the NBA’s next media rights deal will be a shorter-term agreement than the league’s current nine-year pact, which is expiring in 2025. As Stein points out, a five-year media rights deal could put commissioner Adam Silver in position to lead negotiations on the next contract after that, before his new extension expires.
Grizzlies big man Xavier Tillman is a player to watch as a possible trade candidate in the next week-and-a-half, according to Stein. Tillman is the only one of 15 Grizzlies on standard deals who doesn’t have a contract for next season — 13 have guaranteed salaries, while Memphis holds a team option on Luke Kennard.
Stein also passes along some reporting from his podcast co-host Chris Haynes, who stated on his latest Bleacher Report live stream that the Cavaliers have zero interest in fielding inquiries on Jarrett Allen at this season’s trade deadline.

Southwest Notes: J. Smith, Eason, McCollum, Spurs, Grizzlies

January 27th, 2024 at 1:05pm CST by Luke Adams

Rockets forward Jabari Smith will miss a fourth consecutive game on Saturday due to a sprained left ankle, tweets Jonathan Feigen of The Houston Chronicle. Houston will also continue to be without forward Tari Eason, who has been hampered by a lower left leg injury for the entire season. Eason has appeared in 22 games, but has been sidelined since January 1 and his return isn’t imminent.

“He’s been doing a little bit here and there, getting shots up, just not doing the contact,” head coach Ime Udoka said of Eason earlier this week, per Feigen. “He’s feeling better. We still don’t have a definite date (for Eason to return) but the fact he’s getting out here, getting shots up, moving, it’s a good sign. It’s more week-to-week. We were giving him a few weeks initially. He’ll be reevaluated soon, and we’ll go from there.”

According to Feigen, Eason is expected to begin contact work next week and ramp up from there.

Here’s more from around the Southwest:

Nearly two years after the Pelicans acquired CJ McCollum from Portland, William Guillory of The Athletic explores how the veteran guard has adjusted to a new city, a new team, and a new role, which continue to evolve. McCollum has served as more of a floor spacer than a point guard this season. “I think originally we approached it as, ‘Yeah, (CJ’s) the smallest player (in our starting lineup), so he’s the point guard,'” Larry Nance Jr. told Guillory. “But it doesn’t have to be that way. He can be, but he doesn’t have to be. We can run offense through (Brandon Ingram), (Zion Williamson) or a bunch of other people in the lineup. That was one of the biggest realizations for our team and for CJ. We don’t have a Tyrese Haliburton who sets the table for everybody. We have a lot of guys who are good at passing and seeing the court. We can run the offense through a few people and that makes us harder to defend.”
Jeff McDonald of The San Antonio Express-News passes along a couple Spurs updates, writing that Blake Wesley appears to have taken over Malaki Branham‘s role as the backup point guard and tweeting that Victor Wembanyama is confident he’ll be available for the second end of the team’s back-to-back set on Saturday after playing on Friday. Wembanyama hasn’t played in both games of a back-to-back since November.
Damichael Cole of The Memphis Commercial Appeal takes a look at how the Grizzlies may approach the trade deadline, noting that the team currently has something of a roster logjam, with 14 of the 15 players on standard deals also under contract for next season. Xavier Tillman is the only one who is on track for free agency, while Luke Kennard has a team option — the other 13 have guaranteed salaries.