Memphis Grizzlies Rumors | Hoops Rumors

Suns Acquire Three Second-Rounders From Grizzlies For Todd, First-Round Swaps

July 11th, 2023 at 1:53pm CST by Dana Gauruder

JULY 11: The Grizzlies and Suns have officially announced the trade (Twitter links).

JULY 6: The Grizzlies are trading three second-round picks to the Suns for Isaiah Todd and first-round pick swap rights in 2024 and 2030, ESPN’s Adrian Wojnarowski tweets.

The second-rounders are a 2025 pick originally owned by the Pelicans, as well as Memphis’ own 2028 and 2029 picks.

The first-round pick swaps will involve the less favorable of the Suns and Wizards‘ picks, Wojnarowski adds (Twitter link). Phoenix gave Washington the right to swap first-rounders in those years as part of the Bradley Beal blockbuster. Todd was also included in the Beal trade, so he’s been involved in two deals so far this summer.

Todd, an early second-round pick in 2021, only appeared in six games for the Wizards last season and wasn’t in the Suns’ plans going forward. He’s owed a guaranteed $1.84MM salary for the 2023/24 season, with a $1.99MM team option for ’24/25.

The trade will allow the Suns to move off Todd’s guaranteed salary and get down to 15 players on standard contracts without requiring the team to waive him and take the luxury-tax hit that would come from adding a replacement. Phoenix will also acquire some future second-rounders after dealing six away to Washington in the Beal trade, putting the team in position to use one or more of those picks as part of a future deal.

While it’s unclear whether or not Todd will still be on their roster by the start of the regular season, the Grizzlies are essentially betting on their future in the short and long term by giving themselves an opportunity to move up in the first round next June, as well as in 2030.

Desmond Bane's New Deal Includes 15% Trade Kicker

July 11th, 2023 at 1:42pm CST by Luke Adams

Kyrie Irving‘s new three-year, $120MM+ contract with the Mavericks features a 15% trade kicker, per Michael Scotto of HoopsHype (Twitter link). There’s also a 15% trade kicker in Desmond Bane‘s five-year, $197MM+ extension with the Grizzlies, Hoops Rumors has learned.
New Houston forward Dillon Brooks sees similarities between his new team and his old one, suggesting that the Rockets are where the Grizzlies were a few years ago, per Jonathan Feigen of The Houston Chronicle (subscriber link). “I feel like it’s almost the exact same team,” Brooks said. “Three, four years ago, we had almost the same type of players. Jalen Green (is) like Ja Morant. Jabari (Smith) is like Jaren (Jackson Jr.). Young guys that can expand their game to be among the best or the best in the league. I feel like those two guys are almost the same type of deal.”

Contract Details: Brooks, Bane, DiVincenzo, Ball, Clarkson

July 9th, 2023 at 6:48pm CST by Dana Gauruder

Dillon Brooks will receive even more money from the Rockets, thanks to their complex five-team sign-and-trade, ESPN’s Adrian Wojnarowski tweets.

Brooks’ four-year, front-loaded contract agreement with Houston was originally reported to be worth $80MM. He’ll now receive at least $86MM through the life of the contract and can reach $90MM if he reaches certain incentives.

The sign-and-trade involving Memphis, Houston, and three other teams was finalized on Saturday.

The four guaranteed years are spread out in this fashion: $22.6MM next season; $22.3MM on 2024/25; $21.1MM in 2025/26; and $20MM in 2026/27, ESPN’s Bobby Marks tweets.

We have more contract-related news:

The five-year rookie scale extension that the Grizzlies gave Desmond Bane isn’t quite a max contract because it includes some incentives. Bane will receive $197.2MM in guaranteed money and can make an additional $8.7MM if he reaches certain incentives, Tim MacMahon of ESPN tweets.
Unlike Brooks, Donte DiVincenzo‘s four-year contract with the Knicks includes typical raises. He’ll receive $10.9MM next season; $11.4MM in 2024-25; $12MM in 2025-26; and $12.5MM in 2026/27, Fred Katz of The Athletic tweets. The contract, which is guaranteed for $47MM, also includes $750K per year in unlikely bonuses, including Defensive Player of the Year, Most Valuable Player, Most Improved Player, Sixth Man of the Year and All-NBA.
LaMelo Ball‘s five-year max designated rookie extension with the Hornets doesn’t include a player option, Michael Scotto of HoopsHype tweets. The pact does, however, feature a 15% trade kicker.
Jordan Clarkson renegotiation and extension deal with the Jazz begins with a salary of $23.5MM for next season, MacMahon tweets. It drops down to $14.1MM in 2024/25 and inches up to $14.3MM for the 2025/26 season. The contract also has $1.1MM in incentives.

Southwest Notes: Wembanyama, Kareem, Bane, Pelicans

July 9th, 2023 at 3:25pm CST by Alex Kirschenbaum

The Spurs’ prized 2023 draft pick, power forward Victor Wembanyama, may not be a superstar immediately when his rookie year begins, but San Antonio will need to give him a long leash, notes Jake Fischer of Yahoo Sports.

The 7’4″ big man submitted a middling first Summer League game against the Hornets, scoring nine points on 2-of-13 shooting from the floor and pulling down eight boards. Fischer notes that Wembanyama will be playing against veteran pros who could weigh as much as 60 pounds more than him. Adding muscle and improving his jump shooting could be the keys to his long-term growth.

There’s more out of the Southwest Division:

Wembanyama recently received some advice from one of the other most highly-touted NBA prospects ever, Hall of Fame Bucks and Lakers center Kareem Abdul-Jabbar, at the first ever NBA Con in Las Vegas, writes Jeff Maillet of The Athletic. “We were overcoached,” Abdul-Jabbar opined about his own era of players. “I wanted to bring the ball up (like Wembanyama did in his summer-league opener) but wasn’t allowed to. If I did, I would’ve had splinters in my ass (from sitting on the bench).” The first-year Spurs big man will certainly have the option of running more plays himself than Abdul-Jabbar did in his era.
Signing Grizzlies shooting guard Desmond Bane to a five-year, $200MM+ contract extension was a fairly straightforward choice for the Memphis front office brain trust, writes Damichael Cole of The Memphis Commercial Appeal. “He is what we’re about and what we’re pushing for together,” team president Zach Kleiman said. “We want people who are wired like Des driving us to get there, so [not] the most complicated decision on our end.”
The Pelicans are kicking off a crucial 2023/24 run without huge personnel adjustments, writes Christian Clark of NOLA.com. Clark notes that, though the Pelicans potentially had the assets to trade up for the draft rights to now-Trail Blazers point guard Scoot Henderson, the team reportedly never made an offer. Clark observes that, under team president David Griffin‘s guidance for the past four years, the team has never had better than the ninth-best record in the West. The team did make the playoffs in 2022 thanks to a strong play-in contest showing, but the health issues of stars Zion Williamson and Brandon Ingram seem to have impeded the club’s growth.
Within that same story, Clark reports that the Pelicans extended Griffin’s contract in the spring.

NBA Reveals Dates, Groups For In-Season Tournament

July 8th, 2023 at 7:40pm CST by Arthur Hill

The NBA has announced the five-team groups that will used for the league’s first-ever in-season tournament, writes Tim Bontemps of ESPN. The unveiling took place Saturday during a special episode of ESPN’s “NBA Today” held at “NBA Con” in Las Vegas.

The groups were determined in a draw similar to what is used in soccer’s World Cup. There are six groups — three each from the Eastern Conference and Western Conference — and each conference was split into five pots based on last season’s standings. One team was randomly selected from each of the pots to determine the opening-round matchups.

The results are:

Group 1: Sixers, Cavaliers, Hawks, Pacers and Pistons.
Group 2: Bucks, Knicks, Heat, Wizards and Hornets.
Group 3: Celtics, Nets, Raptors, Bulls and Magic.
Group 4: Grizzlies, Suns, Lakers, Jazz and Trail Blazers.
Group 5: Nuggets, Clippers, Pelicans, Mavericks and Rockets.
Group 6: Kings, Warriors, Timberwolves, Thunder and Spurs.

The tournament will start with group play, which will match each team with the other four in its grouping. Those games will take place on Nov. 3, 10, 14, 17, 21, 24 and 28.

The winner of each group will advance to a knockout round, joined by the team with the best record in each conference among those who didn’t win a group. Quarterfinal games will be played Dec. 4 and 5, hosted by the higher-seeded teams. The four winners in that round will move on to T-Mobile Arena in Las Vegas for the Dec. 7 semifinals and the Dec. 9 championship game.

Bontemps points out that all teams will play within their conference until the last game, which guarantees an East vs. West matchup, just like the NBA Finals.

“Everybody’s not going to buy in right away,” admitted Joe Dumars, the NBA’s executive vice president of basketball operations. “So that can’t be the goal that everybody’s going to buy in from day one. These things take time. And I think, as time goes on, I think you can build this up and people can really get into it.”

The championship trophy will be called the NBA Cup, and players will receive $500K each for winning it. Other prize money includes $200K for second place, $100K for losing in the semifinals and $50K for losing in the quarterfinals. The league opted not to provide other incentives, such as a guaranteed playoff spot, for the tournament winner.

We passed along more details on the in-season tournament right here.

Rockets Acquire Dillon Brooks In Five-Team Deal

July 8th, 2023 at 7:03pm CST by Luke Adams

JULY 8: The complex five-team trade that sends Brooks to Houston has been finalized, the Rockets announced in a press release The breakdown of the deal, which combined several separate trade agreements, is as follows:

Rockets acquire Brooks (via sign-and-trade), the Clippers’ 2026 second-round pick, the Grizzlies’ 2027 second-round pick (from Clippers), and the draft rights to Alpha Kaba (from Hawks).
Hawks acquire Usman Garuba, TyTy Washington, the Timberwolves’ 2025 second-round pick (from Rockets), the Rockets’ 2028 second-round pick, and cash (from Thunder).
Grizzlies acquire Josh Christopher.
Thunder acquire Patty Mills, a 2024 second-round pick (from Rockets), the Rockets’ 2029 second-round pick, and the Rockets’ 2030 second-round pick.
Clippers acquire Kenyon Martin Jr.

In a separate deal, Oklahoma City will ship Mills to Atlanta in exchange for Garuba, Washington, Rudy Gay and a second-round pick.

6:04pm: The Rockets will acquire Brooks via sign-and-trade, generating a trade exception for the Grizzlies, Wojnarowski confirms (via Twitter).

Sources tell Kelly Iko of The Athletic (Twitter link) that Houston is trading Josh Christopher to Memphis. Although Iko doesn’t specify it will be part of a Brooks sign-and-trade, that seems logical.

The Grizzlies’ trade exception for Brooks would be $11.4MM due to base year compensation rules, notes Yossi Gozlan of HoopsHype (Twitter link). If Christopher heads to Memphis in the deal, that TPE would shrink to $8.9MM, Gozlan adds.

5:20pm: The Rockets and Brooks have agreed to a four-year deal worth $80MM, agent Mike George tells Adrian Wojnarowski of ESPN (Twitter link).

The deal will have a descending structure, tweets Wojnarowski. It will be fully guaranteed, with no player or team option, per Kelly Iko of The Athletic (Twitter link).

As with VanVleet, Houston’s offer in order to secure a commitment ended up being for more years and more money than initially anticipated.

JULY 1, 4:35pm: The Rockets are close to reaching a contract agreement with unrestricted free agent Dillon Brooks, reports Shams Charania of The Athletic (Twitter link).

While Houston has the cap room necessary to sign Brooks outright, the team has been engaged in trade talks around the league, according to Charania, who says a sign-and-trade with the Grizzlies is a possibility if the Rockets reach a deal with the veteran forward.

Brooks was frequently linked to the Rockets in the days leading up to free agency. One report indicated that Houston was preparing to offer him a deal in the range of $14-16MM annually, while another stated the team had a meeting lined up for Friday or Saturday with the 27-year-old.

Brooks is a talented perimeter defender who earned All-Defensive Second Team honors this spring, but he has become an increasingly erratic shooter, making a career-worst 39.6% of his field goal attempts in 2022/23. His three-point percentage dipped to 32.1% on 5.6 attempts per game during the last two seasons after he converted 35.3% of 4.5 threes per game in his first four seasons, all with the Grizzlies.

On top of his offensive struggles, Brooks’ outsized personality and aggressive playing style have gotten him into trouble both on the court and in interviews off it. He received three one-game suspensions this season, once for an on-court altercation with Cavaliers star Donovan Mitchell and twice for accumulating so many technical fouls.

Brooks ultimately wore out his welcome in Memphis, with a report after the season indicating that the Grizzlies didn’t plan to bring him back “under any circumstances.” His performance during the team’s first-round loss to the Lakers was reportedly considered to be a breaking point. Brooks referred to Lakers star LeBron James as “old” following Memphis’ Game 2 win, suggesting the NBA’s all-time leading scorer was well past his prime.

He was then ejected from Game 3 for hitting James in the groin, surrendered a pair of key baskets to LeBron in a Game 4 loss, and was eventually fined $25K for declining to speak to reporters after three games of the series (all losses). Offensively, Brooks shot just 31.2% from the field and 23.8% on three-pointers across six playoff games.

A change of scenery could benefit Brooks, and the Rockets have reportedly been prioritizing tough, defensive-minded veterans under new head coach Ime Udoka. Houston has reached an agreement with Fred VanVleet and was said to be aggressive in its pursuit of Defensive Player of the Year runner-up Brook Lopez, who ultimately decided to remain in Milwaukee.

Desmond Bane Signs Five-Year Max Extension With Grizzlies

July 8th, 2023 at 3:41pm CST by Alex Kirschenbaum

JULY 8: The Grizzlies have officially completed Bane’s extension, the team announced in a press release (via Twitter).

JUNE 30: The Grizzlies are signing shooting guard Desmond Bane to a five-season maximum rookie scale extension, agents Jim Tanner, Max Wiepking and Terrence Felder tell Adrian Wojnarowski of ESPN.

While Wojnarowski says the deal will be worth $207MM, that amount is a projection, as the exact sum will be tied into the league’s salary cap.

Based on Woj’s wording in his reports on the new extensions for Bane and Pacers All-Star point guard Tyrese Haliburton, it sounds as if Bane’s deal will likely not include the Rose rule escalator, which would have allowed him to qualify for a starting salary worth up to 30% of the cap.

If that’s the case, Bane’s new deal will feature a starting salary worth 25% of the 2024/25 salary cap when it goes into effect next year.

As Damichael Cole of The Memphis Commercial tweets, Bane’s new agreement will now leapfrog All-Star Memphis point guard Ja Morant‘s contract as the priciest in team history. Morant agreed to his five-year, maximum-salary rookie scale extension exactly one year ago.

Bane has quickly outperformed his selection as the No. 30 pick out of TCU in the 2020 draft. Last season, the 25-year-old averaged a career-high 21.5 PPG on .479/.408/.883 shooting splits. He also chipped in 5.0 RPG, 4.4 APG and 1.0 SPG in his 58 healthy games with Memphis. Thanks to the strong play of Morant, Bane and Defensive Player of the Year Jaren Jackson Jr., the Grizzlies finished with the West’s second seed for the second straight season, this time with a 51-31 record.

Injuries to starting center Steven Adams and reserve big man Brandon Clarke greatly impeded Memphis’ frontcourt during its first-round playoff series against the seventh-seeded Lakers, and the Grizzlies fell in six games.

Marcus Smart Eager To Get Started In Memphis; GG Jackson May Progress Beyond Two-Way Deal

July 8th, 2023 at 9:01am CST by Arthur Hill

Marcus Smart admits being shocked upon learning that he had been traded to the Grizzlies, but he’s looking forward to becoming part of the team’s “Grind City” tradition, per Tim MacMahon of ESPN. Memphis general manager Zach Kleiman feels fortunate to be able to acquire Smart after the original version of a three-team deal sending Kristaps Porzingis to the Celtics fell apart. “We’re looking for someone who can be the lockdown defender, versatile across positions,” Kleiman said. “We’re looking for more playmaking. We’re looking for someone who’s battle-tested at the highest levels of the NBA. (We were able) to find someone — and I don’t think there’s many players in the NBA and I think Marcus is the very best of them — who kind of checks all those boxes. But much more importantly, somebody who also just passes the gut test. Marcus is someone that is just a flat-out winner.”
The Grizzlies plan to start GG Jackson on a two-way contract, but his Summer League performance suggests he might soon be headed for a standard deal, suggests Damichael Cole of The Memphis Commercial Appeal. The second-round pick is averaging 13.7 PPG in his first three games and is coming off a 23-point, 10-rebound outing Thursday night.

Rockets Notes: Brooks Deal, Green, Harden, Martin

July 7th, 2023 at 11:48am CST by Luke Adams

The Rockets‘ multi-team sign-and-trade deal for Dillon Brooks will expand further to include the trade agreement between Houston and the Clippers involving Kenyon Martin Jr., according to Jonathan Feigen of The Houston Chronicle (subscription required).

Houston’s deal that sends TyTy Washington and Usman Garuba to the Hawks will also be part of the Brooks sign-and-trade with the Grizzlies. With the Clippers involved and the Thunder set to take on Patty Mills in the complex transaction, it will be at least a five-team trade.

The Rockets, who acquired a second-round pick from Brooklyn for Mills and are getting two more from the Clippers for Martin, will send out five second-rounders in the deal — two to Atlanta and three to Oklahoma City. Those three picks going to the Thunder haven’t been reported yet, so it’s possible they’ll just be the three selections that Houston is receiving from the Nets and Clippers.

As we wait for the Rockets to complete their offseason moves, here are a few more notes out of Houston:

Jeff Green‘s contract with the Rockets, originally reported to be worth $6MM for one year, will actually be for $16MM over two, with a non-guaranteed second year, tweets Bobby Marks of ESPN. Marks adds that Green’s first-year cap hit will be $8MM. If that figure is precise, rather than rounded, it means the forward will have to be signed using cap room rather than the room exception, which maxes out at $7.7MM.
The hiring of Ime Udoka as head coach was a major factor in the Rockets’ decision to pivot away from James Harden and toward Fred VanVleet in free agency, a league source tells Steve Bulpett of Heavy.com. “From everything we’ve gotten out of there, it was a matter that Ime didn’t want him,” the source said. “At the beginning, were they thinking about Harden? Yeah. But then they hired Ime, and Ime said, ‘It’s not going to work here.'”
Appearing on The IkoSystem podcast, Kenyon Martin Jr. spoke to Kelly Iko of The Athletic about the trade that will send him from the Rockets to the Clippers. Martin said that he appreciates the opportunity the Rockets gave him and added that Houston “will always have a place in my heart,” but admitted he’s looking forward to returning home to Los Angeles, where he was born and raised (Twitter audio clip).

Southwest Notes: Bullock, Wembanyama, Grizzlies, Kleber

July 6th, 2023 at 3:54pm CST by Rory Maher

The sign-and-trade agreement that is sending Reggie Bullock and a 2030 first-round pick swap (via Dallas) to the Spurs could help them both now and in the future, according to Jeff McDonald of The San Antonio Express-News (subscriber link).

As McDonald writes, Bullock will immediately become the oldest player (32) on the roster, with an opportunity to serve as a veteran mentor while competing for rotation minutes. His $10.5MM expiring contract will also push the Spurs above the salary cap floor, giving them access to the annual tax payment from the league’s biggest spenders.

However, the pick swap could turn out to be the real prize, McDonald notes. No. 1 overall pick Victor Wembanyama theoretically will be in his prime in seven years, which might give San Antonio an edge in terms of having a better record than Dallas in 2030 (and thus the swap conveying).

Here’s more from the Southwest:

Speaking of Wembanyama, the Spurs will be cautious with their franchise player, but that doesn’t mean they have durability concerns about the 7’4″ big man, writes Mark Medina of Sportsnaut. It’s normal for top draft picks to have their minutes limited during Summer League action, as Wembanyama will when he makes his debut on Friday in Las Vegas, Medina notes. People around the league believe the Spurs are focused on Wembanyama’s transition to the NBA being as seamless as possible, which is why they want to limit his workload early on.
The Grizzlies‘ playing style won’t change with Ja Morant suspended for the first 25 games of 2023/24, head coach Taylor Jenkins said on NBA TV. “Our system doesn’t change,” Jenkins said, per Damichael Cole of The Memphis Commercial Appeal. “What we emphasize offensively — the pace, the space, the unselfishness — defensively, the discipline nature that we got to have every single night, that’s what we’re going to lean on.” The Grizzlies will also be looking for internal development from Desmond Bane and Jaren Jackson Jr. to fill Morant’s void, Jenkins added.
Maxi Kleber‘s ’22/23 campaign was ravaged by injury, having suffered a torn hamstring in December that required surgery. The Mavericks big man is healthy again now and feels much more like himself, he tells Eddie Sefko of Mavs.com. “I’m ready, yeah. That’s what I’ve been preparing for,” Kleber said when asked if he’s ready for an injury-free season. “Last year was obviously frustrating because I was out for so long. And even coming back, I had so many issues. I couldn’t move properly. It’s something you don’t want to have to deal with during the season. So it was good to have this summer actually to recover and do some work.” Kleber also told Sefko he’ll play for Germany in the World Cup next month, his first national team appearance in several years due to various injuries.