Memphis Grizzlies Rumors | Hoops Rumors

Grizzlies Sign Three Draft Picks, Kenneth Lofton Jr.

July 2nd, 2022 at 10:27am CST by Dana Gauruder

The Grizzlies have signed first-round draft picks Jake LaRavia and David Roddy to multi-year contracts, the team tweets.

LaRavia, who played for Wake Forest last season, was acquired by Memphis with the No. 19 overall pick pursuant to a draft-night trade with the Timberwolves. His rookie scale contract, under the latest salary cap, could go four years and can be worth up to $14,763,367.

Roddy, who played for Colorado State last season, was acquired by the Grizzlies with the No. 23 overall pick after a trade with the 76ers. His rookie scale deal can go four years and be worth up to $12,985,886.

The Grizzlies also announced that wing Vince Williams Jr. and big man Kenneth Lofton Jr. have signed two-way contracts (Twitter link).

Williams Jr., the No. 47 overall pick of this year’s draft, was selected to the 2021/22 All-Atlantic 10 First Team during his senior year at VCU.

The Grizzlies’ decision to give Lofton a two-way deal was previously reported. He was named to the All-Conference USA First Team during his sophomore year at Louisiana Tech last season but went undrafted.

With Williams and Lofton on two-way deals, the Grizzlies have waived guard Tyrell Terry, who signed a two-year, two-way contract last season. Terry, drafted by Dallas in 2020, appeared in two games with Memphis in ’21/22.

The Grizzlies still have one unsigned draftee, No. 38 pick Kennedy Chandler. His deal will likely be completed once the July moratorium ends.

Grizzlies Re-Sign Tyus Jones

June 30th, 2022 at 5:24pm CST by Luke Adams

JULY 6: The Grizzlies have officially re-signed Jones, the team announced today in a press release.

JUNE 30: The Grizzlies are re-signing point guard Tyus Jones, according to Adrian Wojnarowski of ESPN (Twitter link). Agent Kevin Bradbury tells Wojnarowski that Jones is signing a two-year, $30MM contract to remain in Memphis.

Jones was expected to draw significant interest from teams in need of help at the point this summer, but many of those teams only had the mid-level exception available. Jones’ new deal with the Grizzlies will be worth significantly more than that.

The NBA’s leader in assist-to-turnover ratio for four straight seasons, Jones has turned the ball over just 326 times in 8,377 career NBA minutes. Besides taking care of the ball and distributing it, the 26-year-old also set career highs in PPG (8.7) and 3PT% (.390) in 2021/22.

Although he has never been a full-time starter for the Grizzlies, Jones plays an important role alongside Ja Morant and provides the team with a solid insurance policy if Morant, who plays at a breakneck pace, continues to deal with injury issues going forward.

Memphis also traded De’Anthony Melton to Philadelphia earlier in the offseason, which could lead to a slightly expanded role for Jones in 2022/23.

Jaren Jackson Jr. Underwent Foot Surgery, Out 4-6 Months

June 30th, 2022 at 4:53pm CST by Rory Maher

Grizzlies big man Jaren Jackson Jr. underwent foot surgery on Wednesday and is expected to miss four-to-six months, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

Memphis confirmed the news (via Twitter), noting that Jackson had a stress fracture in his right foot and is expected to make a full recovery, with further updates provided when appropriate.

The optimistic end of Jackson’s estimated recovery timeline would have him returning shortly after next season begins, but the more cautious route would have him potentially missing the first few months.

Jackson, still just 22, led the league in blocks per game (2.3) last season, earning a berth on the All-Defensive First Team for his efforts. Importantly, he also cut his foul rate, which had been an issue earlier in his career.

Jackson appeared in a career-high 78 games (27.3 MPG) for the Grizzlies, averaging 16.3 PPG and 5.8 RPG on .415/.319/.823 shooting.

He’s set to earn $28.95MM in 2022/23 after coming to terms on a four-year, $104.7MM rookie scale extension prior to last season.

Extensions Imminent For Jokic, Booker, Towns, Morant, More

June 30th, 2022 at 3:41pm CST by Rory Maher

Nuggets center Nikola Jokic, Suns guard Devin Booker, Timberwolves big man Karl-Anthony Towns, and Grizzlies guard Ja Morant are all expected to reach verbal agreements with their respective teams on new long-term contract extensions soon after the NBA’s new league year begins tonight, according to Marc Stein (Twitter link).

Pelicans forward Zion Williamson and Cavaliers guard Darius Garland are also “widely expected” to receive extensions this offseason, Stein notes (via Twitter).

Morant, Williamson, and Garland will be eligible for rookie scale extensions, with the exact figures yet to be determined. Rookie scale extensions are available for former first-round picks entering their fourth seasons. The three players’ offers will likely include Rose Rule language that allows them to earn a starting salary of up to 30% of the 2023/24 salary cap (instead of 25%) if they meets certain performance criteria.

Even though Morant, for example, earned an All-NBA spot this year, he would have to make an All-NBA team again next season to qualify for the higher max — the Rose Rule criteria require a player to make All-NBA in either the season before his new contract goes into effect or in two of the three prior seasons.

Williamson’s extension could take a little longer to figure out, given that he’s appeared in just 85 career games and missed all of last season after setbacks following foot surgery last summer. Still, Pelicans executive VP of basketball operations David Griffin said he was “confident” that an agreement would be reached, the only question is how much money will be guaranteed up front.

Jokic, Booker, and Towns will all be eligible for super-max extensions, also known as Designated Veteran Extensions, worth up to 35% of the salary cap. At least one of the following must be a true for a player to be eligible for a Designated Veteran Extension:

He was named to an All-NBA team in the most recent season, or in two of the last three seasons.
He was named NBA MVP in any of the three most recent seasons.
He was named NBA Defensive Player of the Year in the most recent season, or in two of the last three seasons.

Booker and Towns both made All-NBA teams this past season, and Jokic was named the back-to-back MVP in addition to making All-NBA teams the past four seasons.

Trail Blazers guard Damian Lillard is also likely to receive a two-year extension worth in excess of $100MM once the new league year begins, as relayed by Sean Highkin of The Rose Garden Report and Stein (Twitter links).

Free Agent Rumors: Brunson, Oladipo, Ingles, Rockets

June 30th, 2022 at 12:55pm CST by Arthur Hill

Jalen Brunson appears ready to leave the Mavericks and sign with the Knicks for a reported $110MM over four years, but money may not be the only factor, writes Tim Cato of The Athletic. Sources tell Cato that Brunson might not be willing to re-sign with the Mavs even if they agree to match New York’s offer, which has led to pessimism in Dallas about keeping the 25-year-old guard.

Cato adds that as of Tuesday, there’s no indication that the Mavericks are considering making a larger offer to Brunson.

In the same story, Cato examines Dallas’ system for evaluating how much players are worth and explains why the team decided not to offer Brunson a four-year, $55MM extension last summer.

There’s more on the free agent market:

The Kings are expected to be one of the teams reaching out to Victor Oladipo, according to Ian Begley of SNY.tv. Injuries limited Oladipo to eight games during the regular season, but he was part of the rotation during the Heat’s playoff run. Oladipo is looking for a starting position and a salary in the $10MM range, tweets John Gambadoro of Arizona Sports 98.7.
The Grizzlies are interested in Joe Ingles, Begley adds in the same piece. Ingles is rehabbing after his season was ended by a torn ACL in late January.
Rumors have linked the Rockets to several centers in free agency, but Jonathan Feigen of The Houston Chronicle isn’t convinced that it’s a position of need. Second-year center Alperen Sengun is projected to be the starter and the team plans to use a small-ball approach, with no traditional center, for eight to 10 minutes per game. Feigen notes that the Rockets want to be careful with their cap space beyond this season and suggests they may not make a large offer to a free agent this year.

Eastern Free Agent Rumors: Sexton, Bagley, Claxton, Hartenstein, Bridges

June 29th, 2022 at 11:48am CST by Arthur Hill

The Cavaliers are trying to re-sign Collin Sexton, but their first offer was short of what he’s hoping for, according to Jake Fischer of Bleacher Report.

The free agent guard wants a new deal that averages about $20MM per year, sources tell Fischer, but Cleveland’s early offer in extension talks was below that number. Fischer says it was similar to Jordan Clarkson‘s “three-year, $51MM” deal, but Clarkson’s contract is actually worth $52MM over four years, so it’s unclear which of those figures was closer to Cleveland’s initial offer.

Sexton missed most of last season with a torn meniscus in his left knee. He was recently cleared for full basketball activities and should be ready for training camp.

There’s more on Eastern Conference free agents, all from Fischer:

Marvin Bagley III, who was acquired at the trade deadline, is expected to re-sign with the Pistons for more than $10MM per year. Fischer compares the expected deal to what the Hornets gave Kelly Oubre, which was two seasons at $24.6MM with a partial guarantee on the second year.
Fischer confirms a report that Nic Claxton will likely remain with the Nets, probably for an amount in the neighborhood of the full MLE.
The Bulls and Magic could be among the suitors for center Isaiah Hartenstein now that the Clippers are expected to give their full taxpayer MLE to John Wall. Chicago has been linked to several centers, but Fischer hears that the team would prefer not to use its entire non-taxpayer MLE of $10.1MM, so Hartenstein may be a lower-cost option. Rumors have emerged that Orlando may have interest in Hartenstein, but Fischer adds that he could also decide to remain in L.A. on a cheaper deal and hope to cash in later.
The Pacers are considering an offer for Hornets forward Miles Bridges, but Fischer says it’s not clear if Indiana is ready to hand out such a large contract. Fischer adds that the Grizzlies have been considered a “sleeper candidate” due to the presence of Jaren Jackson Jr., his former college teammate, but sources tell Fischer that Memphis isn’t expected to pursue Bridges.

Wizards Rumors: T. Jones, Wright, Brogdon, Murray, Kuzma, KCP

June 29th, 2022 at 7:29am CST by Luke Adams

While the Timberwolves are expected to have interest in a reunion with Tyus Jones, the rival team that has been linked most frequently to the Grizzlies‘ free agent point guard is the Wizards, says Jake Fischer of Bleacher Report.

According to Fischer, Jones is believed to be seeking a multiyear deal worth in excess of the non-taxpayer mid-level exception, which projects to come in at $10.35MM.

The Wizards, who are in the market for a starting point guard, will be over the cap, limiting their ability to offer more than the full MLE. However, they could potentially get there if Jones is interested in coming to D.C. and they can figure out a sign-and-trade deal that the Grizzlies would get on board with.

Here’s more on the Wizards:

Delon Wright has been mentioned as another free agent guard who is on the Wizards’ radar, per Fischer. Wright will be an unrestricted free agent after spending the season in Atlanta.
Although Malcolm Brogdon still looks like a viable trade target for the Wizards, the team never seriously considered including the No. 10 pick in last week’s draft in an offer for him, Fischer writes.
Sources tell Bleacher Report that the Wizards are among the teams to inquire on Spurs guard Dejounte Murray, though Washington probably doesn’t have the assets necessary to make the best trade offer for Murray.
Forward Kyle Kuzma and guard Kentavious Caldwell-Pope continue to be identified by league personnel as players who are available in trade scenarios, according to Fischer. Caldwell-Pope’s full $14MM salary for 2022/23 became guaranteed after he wasn’t waived on Tuesday, notes Chase Hughes of NBC Sports Washington (Twitter link).

Grizzlies, Danny Green Agree To Push Back Guarantee Date

June 28th, 2022 at 1:57pm CST by Luke Adams

The Grizzlies and swingman Danny Green have reached an agreement to push his salary guarantee date back by more than six months, according to Michael Scotto and Yossi Gozlan of HoopsHype (Twitter link).

Green is under contract for $10MM in 2022/23. That figure had been non-guaranteed, but became partially guaranteed for $6,964,781 in order to meet salary-matching rules when he was traded from Philadelphia to Memphis in exchange for De’Anthony Melton.

The remainder of Green’s $10MM salary was scheduled to become guaranteed on July 1, this Friday. However, that deadline has been scrapped and Green will now receive his full guarantee only if he remains under contract through January 7, the NBA’s league-wide salary guarantee date.

The move will give the Grizzlies the flexibility to hang onto Green deeper into the offseason in case a trade opportunity arises.

Green is unlikely to play much, if at all, in 2022/23 after tearing his ACL in the playoffs this spring, so it’s unclear if Memphis would carry him on its 15-man roster in the fall if he’s still with the team by that point. Players often take a full calendar year to return from an ACL tear, but the 35-year-old wing has talked about wanting to return to the court by the All-Star break.

At the very least, the Grizzlies should have the opportunity to assess how Green’s recovery process is progressing and make a more informed decision on whether to hang onto him in October if he’s not included in another trade before then.

Green's Status Has Yet To Be Determined

June 27th, 2022 at 5:28pm CST by Dana Gauruder

Grizzlies general manager Zach Kleiman says the status of Danny Green, who was traded from Philadelphia to Memphis, has yet to be determined, Damichael Cole of the Memphis Commercial Appeal writes. The Grizzlies have a July 1 deadline to decide whether to guarantee the remainder of his contract or cut loose Green, who tore his ACL in the playoffs and is expected to miss most or all of next season.

Green received a $6,964,781 guarantee on his $10MM salary as part of the trade, as Eric Pincus of SportsBusinessClassroom.com explains. That was the minimum amount that had to be guaranteed in order to legally match De’Anthony Melton‘s salary. If they waive Green by July 1, the Grizzlies would avoid paying the remaining $3MM+ owed to Green.

The Grizzlies wound up with four players via the draft and the common denominator was 3-point shooting, Cole writes in a separate story. Each player shot at least 38% from deep in their final college season. “That’s going to open things up for us,” Kleiman said. “That was a priority for us.”

Grizzlies Adding Dakota Mathias To Summer League Roster

June 27th, 2022 at 1:37pm CST by JD Shaw

The Grizzlies are adding shooting guard Dakota Mathias to their summer league roster, his agency Edge Sports told Hoops Rumors. Mathias holds two-way experience with the Sixers.