Pelicans Only Team With Two-Way Opening As Deadline Looms
It’s Wednesday, March 4, which means today is the last day that teams can sign players to two-way contracts for the 2025/26 season, as we outlined earlier this week.
As the day begins, 87 of the 90 two-way slots around the NBA are currently occupied, with two more set to be filled shortly. The Hawks and Cavaliers both have two-way openings, but Atlanta is reportedly signing guard Keshon Gilbert and Cleveland is set to add big man Olivier Sarr.
That leaves the Pelicans as the league’s only team with a two-way contract spot available. In all likelihood, New Orleans will fill that slot by the end of the day on Wednesday, since the financial cost would be minimal and the cap impact would be nonexistent.
That doesn’t necessarily mean the Pelicans will be the only team to make a two-way roster move today. Other clubs could make some last-minute changes by either waiving current two-way players or promoting them to standard contracts in order to back-fill their two-way slot with a newcomer. While two-way players can be elevated to the 15-man roster anytime up until the last day of the regular season, a team that does so after Wednesday wouldn’t be able to sign a new two-way player in his place.
Trail Blazers guard Caleb Love, Grizzlies forward Olivier-Maxence Prosper, and Mavericks big man Moussa Cisse are among the notable players on two-way contracts who are nearing their respective games played limits and could be candidates for promotions, though not all of those clubs currently have space available on their 15-man rosters.
A year ago on March 4, seven players officially signed new two-way contracts, with one two-way player waived and four others promoted to standard contracts. Two years ago, March 4 brought six two-way signings and a pair of cuts involving two-way players.
It remains to be seen how busy today will be relative to the last couple two-way contract deadline days, but we’ll be monitoring transaction reports and announcements throughout Wednesday and bringing you all the latest updates.
Grizzlies’ Zach Edey Undergoes Left Ankle Surgery
March 3: Edey underwent surgery on Tuesday to address ongoing discomfort and bone stress in his left ankle, the team tweets. He’ll miss the remainder of the season but is expected to make full recovery prior to next season.
March 1: Second-year center Zach Edey will undergo left ankle surgery, the Grizzlies announced in a press release (Twitter link). According to the team, the procedure will “resolve ongoing discomfort and talar bone stress” in Edey’s left ankle.
The 23-year-old big man underwent left ankle surgery last June to address laxity in and re-stabilize the lateral ankle joint. Memphis consulted with several medical experts who unanimously agreed that Edey’s lateral ligaments are stable, but he continues to experience pain because of “progressive laxity of the deltoid (medial) ligaments.”
Edey’s latest left ankle surgery is being performed to “reinforce the medial ligament complex and accelerate bone healing,” per the Grizzlies.
2025/26 has been a season to forget for Edey, who played very well when active but has been limited to just 11 games played. Across those 11 outings, Edey averaged 13.6 points, 11.1 rebounds and 1.9 blocks in 25.8 minutes per game.
More notable than those stats were his on/off-court numbers — the Grizzlies outscored opponents by 18.3 points per 100 possessions and posted a defensive rating of 94.5 during Edey’s 284 minutes on the court.
The 23-year-old was a two-time AP Player of the Year at Purdue prior to being selected ninth overall in the 2024 draft. Edey’s season debut was delayed until Nov. 15 as he recovered from his initial surgery, then was diagnosed with a stress reaction in his left ankle less than a month later.
While the Grizzlies said a return timeline will be provided post-surgery, it seems safe to assume Edey won’t play again this season. The 7’3″ Canadian is expected to make a full recovery, the team added.
Memphis also provided an injury update on Brandon Clarke, who has been out since Dec. 20 due to a Grade 2 right calf strain. The veteran forward/center, who has been plagued by a injuries the past few years, will be out at least two more weeks, which is the next time he’ll be reevaluated.
The 29-year-old underwent an arthroscopic procedure in September to address synovitis in his right knee after having his 2024/25 season cut short due to a PCL sprain in that same knee. Clarke sustained the calf strain in his second game of the ’25/26 season.
He also suffered an Achilles tear in March 2023, which ended his ’22/23 campaign prematurely and limited him to just six outings in ’23/24.
Kon Knueppel, Dylan Harper Named Rookies Of The Month
Hornets wing Kon Knueppel has won a fourth consecutive Eastern Conference Rookie of the Month award, the NBA announced today (via Twitter). No other Eastern rookie has earned the honor in 2025/26, as Knueppel has now claimed the award in October/November, December, January, and February.
Knueppel continued to solidify his case for Rookie of the Year recognition by leading Charlotte to an 8-3 record in 11 games in February. He averaged 21.5 points, 5.7 rebounds, and 2.7 assists in 31.5 minutes per game while knocking down more than half of his field goal attempts (50.3%).
Perhaps most impressively, Knueppel made 49-of-101 three-pointers, averaging 4.5 makes per game at a 48.5% clip.
Knueppel had shared Rookie of the Month honors with his former Duke teammate Cooper Flagg three times in a row, but with Flagg sidelined for much of February due to a foot injury, Spurs guard Dylan Harper became the first non-Blue Devil to break through this season, earning the Rookie of the Month award in the West.
Harper’s Spurs didn’t lose a single game in February, going 10-0 when he was active. The No. 2 overall pick registered 12.5 PPG, 4.9 APG, and 3.9 RPG in 25.1 MPG while shooting 55.4% from the floor. San Antonio had a +21.0 net rating during Harper’s 252 minutes on the court in February.
Sixers guard VJ Edgecombe, Wizards forward Will Riley, and Nets guard Nolan Traore were also nominated for Rookie of the Month in the Eastern Conference, while Jazz forward Ace Bailey, Grizzlies guard Javon Small, Kings big man Maxime Raynaud, and Mavericks forward Flagg were the other nominees in the West, per the league (Twitter link).
Southwest Notes: Middleton, Nembhard, Murphy, Prosper, Barnes
Mavericks head coach Jason Kidd was pleased with Khris Middleton‘s decision to remain in Dallas for the rest of the season rather than seeking a buyout to get to a playoff team, tweets Mike Curtis of The Dallas Morning News.
“It’s great,” Kidd said. “Khris is a vet. He’s already had some impact with us, on and off the floor. For him to be able to stay, it’s great. We’ll try not to play him 40 minutes a night, but his ability as a vet to score and to lead is something that’s needed in that locker room, so we’re happy he stayed.”
Although Middleton stayed put, another veteran – Tyus Jones – negotiated his release from the Mavericks, which opened up a roster spot on Dallas’ 15-man roster. The team used that newly created opening to promote standout rookie guard Ryan Nembhard from his two-way contract.
According to Curtis (subscription required), Nembhard said after signing the deal that it “feels great” to get his first real NBA contract and that he’s “looking forward to building on this.” The former Gonzaga standout added that he has long felt valued by the Mavs, who tried to acquire a second-round pick to acquire him last June before ultimately signing him as an undrafted free agent.
“They showed a lot of love,” Nembhard told Curtis. “They got me in for a workout the day before the draft. I feel like there was an opportunity for me. That’s the biggest thing.”
We have more from around the Southwest:
- Pelicans wing Trey Murphy III played on Sunday for the first time since before the All-Star break, returning from a right shoulder contusion that kept him on the shelf for five games, writes Rod Walker of NOLA.com (subscription required). “A versatile player playing at a high level,” interim head coach James Borrego said of Murphy, who generated significant interest from rival teams ahead of February’s trade deadline. “He just raises our level, our standard, our ceiling. He’s having a tremendous year to this date. The energy, the vibe, the spirit, the competitiveness and the belief. I know he’s happy to be out there with his brothers.”
- Two-way forward Olivier-Maxence Prosper has taken on an increased role for the Grizzlies as of late, starting five straight games, playing small-ball center, and averaging 15.2 points per night on .628/.471/.867 shooting since February 6. Grant Afseth of Dallas Hoops Journal takes an in-depth look at Maxence-Prosper, who only has six games of eligibility left on his two-way deal and is making a strong case for a promotion to the standard roster. “All of O-Max’s energy is just contagious,” head coach Tuomas Iisalo told Afseth. “He’s one of the highest-motor players in the whole league. He’s had to basically shift up a position or two spots and is doing a great job. He’s improved his shooting from the outside and is shooting with a lot of confidence. … How he’s improving in the little facets of the game overall, it’s a testament to the hard work he’s putting in.”
- Removed last month from the Spurs‘ starting lineup after making 775 consecutive starts for four NBA teams, veteran forward Harrison Barnes continues to play regular minutes off the bench and has taken his new role in stride, notes Jeff McDonald of The San Antonio Express-News (subscription required). “Harrison Barnes is as professional and as good of a veteran as you could want in your locker room,” Spurs forward Keldon Johnson said of his teammate, who will be an unrestricted free agent this summer.
Kyle Anderson Signs With Wolves After Grizzlies Buyout
March 2: Anderson has officially signed with the Timberwolves, according to a team press release.
February 26: Veteran forward Kyle Anderson has agreed to a buyout with the Grizzlies and intends to sign with the Timberwolves after he clears waivers, sources tell Shams Charania of ESPN (Twitter link).
Anderson has been placed on waivers following his buyout agreement, the Grizzlies confirmed (via Twitter).
As Charania notes, Anderson previously played two seasons in Minnesota, including helping the Wolves reach the Western Conference finals in 2023/24.
Anderson opened the season with Utah, appearing in 20 games prior to being traded to Memphis earlier this month in the Jaren Jackson Jr. blockbuster. The 32-year-old’s second stint with the rebuilding Grizzlies will be very brief (he appeared in four games), as he’ll return to a Minnesota team hoping to make another deep playoff run.
According to Jon Krawczynski of The Athletic (Twitter links), at least one other contending team was eyeing Anderson, who is a 12-year veteran. He was a locker-room leader in his first stint with the Timberwolves and amicably parted ways with the organization in 2024 (via sign-and-trade), Krawczynski adds.
Known for his versatility and solid defense, Anderson has averaged 7.5 points, 3.3 rebounds, 2.7 assists and 1.2 steals in 20.4 minutes per game across his 24 appearances this season. He has shot 56.3% from the field and 67.4% from the free throw line.
As ESPN’s Bobby Marks tweets, Anderson was under contract through next season, but his $9.7MM salary for 2026/27 was non-guaranteed. He was still owed $2.3MM of his $9.2MM salary for this season, per Marks.
Anderson will be the latest addition for the Wolves, who traded for Ayo Dosunmu and Julian Phillips at the deadline, re-signed Mike Conley after trading him (he was involved in a second deal before being waived), and added Jules Bernard on a two-way contract, Marks notes (via Twitter).
As we relayed in a separate story, Memphis will fill Anderson’s roster spot by signing veteran big man Taj Gibson, who had been out of the league this season until now.
Grizzlies Sign Taj Gibson To Two-Year Deal
10:03 pm: Gibson’s two-year contract with the Grizzlies is now official, the team announced (via Twitter). Anderson was officially waived following his buyout.
Gibson’s minimum-salary contract for next season is non-guaranteed, confirms Michael Scotto of HoopsHype (Twitter link). It’s worth noting that since he signed a two-year deal, Gibson’s $3.8MM salary for 2026/27 will be his cap hit as well.
5:58 pm: The Grizzlies plan to sign free agent big man Taj Gibson, agent Mark Bartelstein tells Shams Charania of ESPN (Twitter link). In a full story for ESPN.com, Charania states that Gibson is signing a two-year deal with Memphis, though the second season seems likely to be non-guaranteed.
Memphis is opening up a roster spot after reaching a buyout agreement with Kyle Anderson, who plans to sign with Minnesota.
Gibson, 40, appeared in 37 games with Charlotte last season, averaging 2.9 points and 3.2 rebounds in 11.1 minutes per contest. He had been out of the NBA this season, but the longtime veteran is widely respected around the league for his leadership and professionalism, Charania notes (via Twitter).
Gibson will join a Grizzlies club which has pivoted to a full-fledged rebuild after trading Desmond Bane last summer, struggling amid another wave of injuries in 2025/26, and then sending Jaren Jackson Jr. to Utah earlier this month. The 6’9″ forward/center will serve as a mentor and add size to Memphis, which has several frontcourt players sidelined.
This will be Gibson’s 17th NBA season, and if he plays in a game for the Grizzlies, he will become just the 35th player in league history to appear in a game at age 40, per Charania.
Southwest Notes: Bagley, Flagg, Coward, Plumlee
With the announcement that Kyrie Irving would not play this year, the rest of the Mavericks’ season is expected to function as something of a fact-finding mission, Mike Curtis writes for the Dallas Morning News.
Dallas has five players set to hit unrestricted free agency this summer, and one newcomer who has shown enough to warrant long-term consideration is Marvin Bagley III, who was a part of the Anthony Davis trade between the Mavs and Wizards.
“He’s a really good player,” coach Jason Kidd said of the former No. 2 overall pick. “He’s a grown-up and understands the NBA game a little bit. Sometimes it takes time. We all want it to happen overnight. I think the coaching staff, the media, everyone that’s been on this road trip or with him, has made him comfortable and you can see the way he’s playing.”
Since arriving in Dallas, Bagley has averaged 13.5 points and 8.8 rebounds in six games as a reserve and has three double-doubles in that span. Curtis points to the 26-year-old’s energy on the glass as a major factor in his success. Bagley is averaging 3.7 offensive rebounds per game with the Mavs and is a different archetype of big man than their top two centers, Dereck Lively II and Daniel Gafford.
Curtis writes that Bagley has yet to find a franchise that will commit to him, but a deal to keep him in Dallas as a reserve center could be mutually beneficial.
We have more from around the Southwest Division:
- Cooper Flagg remains out for the Mavericks‘ game against the Kings on Thursday, Curtis notes (via Twitter). This will mark the fifth absence in a row for Flagg, who is dealing with a midfoot sprain, after he had previously missed just four games all season. Even if Flagg were to miss extended time, he’s not in danger of missing out on any end-of-year awards, as the 65-game rule does not apply to Rookie of the Year or All-Rookie.
- Having traded Jaren Jackson Jr. for picks and unproven players and with Ja Morant‘s future with the team still up in the air, the Grizzlies may be in need of a new face of the franchise, prompting Damichael Cole of the Memphis Commercial Appeal to wonder if Cedric Coward can step into that role. As Cole writes, Coward is notably self-assured for a rookie. “He’s a very mature kid for his age,” coach Tuomas Iisalo said. “I think that’s a very valuable commodity to have.” Coward has been injured since early February, but has still been very engaged with the team, both during games and practices, teammate Jaylen Wells noted. For his part, Coward is trying to keep a level head with the prospect of such expectations being placed on his relatively inexperienced shoulders. “You just try to make the best of whatever situation it is,” he said. “Whether it’s franchise cornerstone, whether it’s a building block — no matter what it is, the title doesn’t mean anything to me.“
- Mason Plumlee knows he won’t be playing major minutes with the Spurs, but he’s excited to take advantage of whatever opportunities present themselves, Tom Orsborn writes for the San Antonio Express-News. “I think I’ve seen guys check in for five minutes and turn a game around,” he said. “That’s the way I look at it.” The soon-to-be 36-year-old is inactive due to “return to competition reconditioning” as he makes his way back from groin surgery, but he says he feels great and is ready to get started with an organization he’s long admired. “When I came into the league (as a late-first round pick in 2013), the Spurs had all the guys that were winning championships, and I just remember them being so sharp in everything they did on the court, and you hear about how well it’s run behind the scenes and everybody gets hired (to become head coaches) out of here,” he said. “So you kind of know coming in that there’s something that works, there’s something unique.”
Pippen Jr., Gardner Fined $35K Apiece For Altercation
Grizzlies guard Scotty Pippen Jr. and Heat forward Myron Gardner have each been fined $35K by the NBA for their roles in an on-court altercation, the league announced on Monday (Twitter link).
The scuffle occurred with 1:55 remaining in the fourth quarter of the Heat’s 136-120 victory over the Grizzlies on Saturday. According to the league, Gardner initiated the incident by bumping Pippen from behind, causing the Memphis guard to fall to the floor. Pippen further escalated the altercation by forcefully shoving Gardner in response.
Several players and coaches quickly ran over, and Pippen and Gardner were eventually separated. Both players were assessed technical fouls and ejected from the game.
“I thought it was kind of a cheap shot,” Pippen said to the media afterward. “He kind of hit me from when I didn’t see him. So I thought it was a soft move.”
The good news for both players is that they avoided suspensions.
Fischer’s Latest: Antetokounmpo, Morant, Bulls, Yabusele
The rumors circulating about the Bucks trading Giannis Antetokounmpo didn’t amount to anything at the February 5 deadline, but that will only postpone speculation about Antetokounmpo’s future in Milwaukee rather than ending it.
Jake Fischer, writing for The Stein Line (Substack link), says his sources around the situation still believe that a move to what he calls “a true title contender” is the most likely outcome for Giannis this summer, especially since many of those contenders will be able to offer more than they did at the deadline.
According to Fischer, many people around the league are also expecting the Nets to emerge as a legitimate suitor for the two-time MVP, either using a package built around Michael Porter Jr. and draft picks or one that keeps Porter in Brooklyn.
Fischer adds that how teams like the Rockets and Spurs fare in the playoffs could impact Antetokounmpo’s trade market too.
We have more from around the league:
- Ja Morant wasn’t traded at the deadline, with reports indicating that the Grizzlies weren’t ready to accept a package similar to the one the Hawks received for Trae Young. While there wasn’t a strong market for the Memphis point guard at the deadline, multiple teams believe that the Bucks have real interest in bringing Morant in, Fischer reports, whether as a successor to Antetokounmpo in their next phase of team-building or as a complement to him.
- Trade deadline moves by the Wizards and Jazz reduced the future financial flexibility of two of the projected cap space teams in 2026, leaving Chicago, Brooklyn, and the two Los Angeles teams as the summer’s probable cap room clubs. According to Fischer, the Bulls have signaled that their primary directive in free agency will be going after wings. The list of free agent wings ranges from unrestricted veterans like Khris Middleton and Tobias Harris to younger restricted FAs such as Bennedict Mathurin and Tari Eason. In addition to wings, the guard-heavy Bulls will also need to find a starting center.
- After removing his second-year player option in order to facilitate a trade from the Knicks to the Bulls, Guerschon Yabusele is expected to have a competitive EuroLeague market this summer, Fischer writes, noting that the French forward had considered signing with the Nuggets prior to joining the Knicks.
Grizzlies Sign Rayan Rupert To 10-Day Deal
8:00 pm: Rupert’s 10-day contract is official, per NBA.com’s transaction log.
4:25 pm: The Grizzlies are signing Rayan Rupert to a 10-day contract, Shams Charania reports for ESPN (Twitter link).
The 6’7″ wing was the 43rd overall pick in the 2023 draft and spent his first two-and-a-half seasons with the Blazers, averaging 3.2 points in 12.0 minutes per game.
Rupert played three games for the Rip City Remix G League team this season, averaging 12.7 points, 9.0 rebounds, and 4.0 assists per contest while hitting 36.4% of his threes.
Rupert played in 48 games for Portland this season, but the trade for Vit Krejci, along with Blake Wesley‘s return from injury, moved him down the wing pecking order. He was waived by the Blazers on Friday to make room for Sidy Cissoko‘s two-year deal.
Memphis has an open spot on its 15-man roster, so no corresponding move will be necessary to make room for Rupert. If the deal is finalized on Sunday, he’ll be available for the Grizzlies’ next five games before his contract expires.