- The Grizzlies, who were overwhelmed by injuries to key players last season, didn’t do much this offseason beyond drafting two-time National Player of the Year Zach Edey to fill their void in the middle and re-signing Luke Kennard on a one-year deal. They also hired six new assistant coaches. Damichael Cole of the Memphis Commercial Appeal gives the front office high marks for its approach to this offseason.
Free agent forward Timmy Allen, who played five games with the Grizzlies at the end of the 2023/24 season while on a 10-day contract, has signed with BC Oostende, the Belgian team announced in a press release (hat tip to Keith Smith of Spotrac).
Allen, 24, played college basketball at Utah and Texas prior to going undrafted last year. He spent most of his first professional season playing for the Grizzlies’ NBA G League affiliate, the Memphis Hustle, averaging 9.5 PPG, 4.1 RPG, 2.7 APG and 1.0 SPG on .432/.341/.738 shooting in 46 Showcase Cup and regular season games (26.4 MPG).
In his five games with the injury-ravaged Grizzlies, who cycled through numerous young players last season via 10-day hardship contracts, Allen averaged 2.6 PPG, 3.4 RPG and 1.0 APG in 25.0 MPG, going 6-of-23 (.261%) from the floor.
Oostende is the most successful domestic club in Belgium’s history, having dominated the county’s top basketball league until 2021, when the PBL was succeeded by the Belgian-Dutch BNXT League.
Oostende won 10 straight PBL titles before the BNXT was formed and was champion of the ’23/24 season in the new league, which combined the top basketball divisions of Belgium and the Netherlands.
The Lakers, Celtics and Cavaliers are the only three teams who haven’t added any new players through free agency or trade this offseason. Of the three, Los Angeles is the one with the least clarity about its lineup for next season.
Jovan Buha of The Athletic evaluates the Lakers’ depth chart and offers his predictions about who will take the fifth starter spot. With LeBron James, Anthony Davis, Austin Reaves and D’Angelo Russell looking like surefire starters, Buha lands on Rui Hachimura over Jarred Vanderbilt for the fifth slot.
Buha points to L.A.’s offensive production and 22-10 record with Hachimura in the lineup to close last season as major reasons why he views him as the frontrunner.
We have more from around the Western Conference:
- Lauri Markkanen‘s massive payday with the Jazz is a testament to patience, perseverance, and opportunity, according to Tony Jones of The Athletic. As Jones details, Markkanen didn’t often look like a future star in Chicago or Cleveland, but continued to work on improving his skill set and got the kind of runway in Utah that he hadn’t received at his previous NBA stops. Two years after joining the Jazz, Markkanen has an All-Star berth, a Most Improved Player award, and a new $200MM+ contract under his belt.
- With Luke Kennard back in the fold, marginal moves are the ones that will define the rest of the Grizzlies‘ offseason, Damichael Cole of The Memphis Commercial Appeal writes. Deciding whether or not to keep Mamadi Diakite is the most significant move involving players currently on the roster. Parting ways with Diakite would open a spot on the 15-man roster, but there’s no urgency to make a decision right away. Outside of that, a possible rookie scale extension for Santi Aldama is another piece of offseason or preseason business to watch.
- The difference in outside discourse regarding Jamal Murray between this offseason and last year is drastic, Bennett Durando of The Denver Post observes. Murray was fresh off playing a key role in the Nuggets winning their first championship a year ago, but underachieved in the 2024 playoffs and in the Olympics, Durando writes. While it shouldn’t be discounted that he was playing a different role – and played through injury – Murray’s struggles this year are poorly timed, given that he’s expected to sign a lucrative long-term extension this summer.
Luke Adams contributed to this post.
A handful of NBA teams are making contingency plans for local broadcasting deals during the upcoming season. If Diamond Sports Group emerges from bankruptcy in the coming weeks or months, the company has discussed eliminating the RSN contracts for as many as five of its NBA teams — the Pelicans, Thunder, Grizzlies, Mavericks and Pistons, Tom Friend of the Sports Business Journal reports.
The decision is fluid, Friend adds, who hears the number could drop to three teams. Those five franchises are aware of the situation and most likely will offer their games over-the-air for free, if necessary. They would also each add a direct-to-consumer digital product.
We have more news from around the basketball world:
- The USA’s 3×3 team in the Olympics failed to challenge for medal contention at the Paris Olympics. Adding injury to insult, its most prominent member — former NBA guard Jimmer Fredette — suffered an adductor tear that will require a six-month recovery period, Eurohoops.net relays. Fredette revealed the injury on social media. “I had an injury that took place in the beginning minutes of our second game against Poland,” he wrote. “I tore two different ligaments completely in my adductor, which prevented me from being able to compete. This will lead me to have a recovery of around six months.”
- Another former NBA player, Chase Budinger, had his dreams of an Olympic medal dashed on Monday. Budinger and his beach volleyball partner, Miles Evans, won their first match against a duo from France but then lost to the Netherlands and Spain before falling to Norway’s Anders Mol and Christian Sorum, the defending gold medalists from Tokyo. Budinger will still cherish the memories, per ESPN News Services. “Playing in the Olympics, playing in this venue, will definitely be up there with some of my greatest basketball moments, for sure,” Budinger said.
- Will the Kyle Anderson and Isaiah Hartenstein additions prove disappointing to the Warriors and Thunder, respectively? Will Tyus Jones and Chris Paul end up as the biggest bargains in free agency? The Athletic’s Josh Robbins, Kelly Iko and Darnell Mayberry provide their insights and opinions on the free agent moves and trades made during this offseason.
Luke Kennard‘s new one-year contract with the Grizzlies, originally reported to be worth $11MM, actually has a base salary of just $9.25MM, Hoops Rumors has learned. Kennard can also earn an additional $1,387,500 in unlikely incentives, so his deal can max out at $10,637,500.
That disparity between the reported terms and the actual terms is important, given Memphis’ proximity to the luxury tax line. An $11MM cap hit would have put the Grizzlies over the luxury tax line by about $1MM, but because Kennard counts for just $9.25MM against the cap, the team’s salary is hovering right around $170MM, a little below the tax line ($170,814,000).
Kennard, Desmond Bane, and Brandon Clarke have unlikely contract incentives that could make Memphis a taxpayer if they’re earned. Given how close they are to the luxury tax line, I’d expect the Grizzlies to keep a close eye on each player’s progress toward his respective bonuses and make a minor cost-cutting move by February’s trade deadline if necessary — finishing the season just slightly above that tax threshold would cost the team a significant end-of-season payout that’s only available to non-taxpayers.
Here are more details on some recently signed contracts from around the NBA:
- Bruno Fernando signed a one-year, minimum-salary deal with the Raptors. It’s non-guaranteed for the time being, but Fernando’s full $2,425,403 salary (and $2,087,519 cap hit) would become guaranteed if he remains under contract beyond the first day of the regular season, Hoops Rumors has learned.
- Devonte’ Graham‘s one-year, non-guaranteed training camp contract with the Trail Blazers includes Exhibit 9 language, but not Exhibit 10 language, Hoops Rumors has learned. That suggests Graham probably isn’t planning to join the Rip City Remix (Portland’s G League team) as an affiliate player if he’s waived by the Blazers this fall.
- Jarrett Allen‘s three-year, $90.72MM extension with the Cavaliers is a straightforward, fully guaranteed contract with no options on the final year and no trade kicker, Hoops Rumors has confirmed.
9:10pm: The signing is official, the team announced in a press release (Twitter link).
11:54am: Free agent sharpshooter Luke Kennard is returning to the Grizzlies, according to Adrian Wojnarowski of ESPN, who hears from sources that the two sides have reached an agreement on a one-year, $11MM deal.
The Grizzlies turned down Kennard’s $14.8MM team option for the 2024/25 season on June 29, making him an unrestricted free agent, but the expectation was always that he’d agree to a more team-friendly deal to remain in Memphis.
Reporting at the time his option was declined indicated that Kennard and the team were “eager” to discuss a new contract, and the 28-year-old was never linked to any other suitors during the month he spent on the open market.
Kennard was limited to just 39 games (22 starts) this past season for health reasons, including a left knee bone bruise, but was effective when he was available, with averages of 11.0 points, 3.5 assists, and 2.9 rebounds in 25.6 minutes per game.
One of the NBA’s best three-point shooters, the 6’5″ wing has made at least 44.6% of his attempts from beyond the arc in each of the past four seasons, including 45.0% in 2023/24.
Kennard was the No. 29 player on our list of this summer’s top 50 free agents. He was the only unrestricted free agent in the top 40 who remained unsigned.
Prior to officially re-signing Kennard, the Grizzlies are carrying 13 players on standard contracts, with a team salary of approximately $160.75MM. Assuming the $11MM salary reported by Wojnarowski is accurate, Kennard’s new deal would push team salary above the luxury tax line by about $1MM. That figure would increase if Memphis wants to add a 15th man or decides to waive Mamadi Diakite (whose salary is partially guaranteed) to replace him with another minimum-salary player.
Still, as Keith Smith of Spotrac tweets, that surplus is small enough that it likely wouldn’t be too difficult for the Grizzlies to duck out of luxury tax territory at some point later in the season. A team’s tax bill isn’t calculated until the end of the season.
- Could the NBA’s new broadcasting deals, which will lead to significant salary cap growth, facilitate the Grizzlies’ efforts to retain Jaren Jackson Jr. in the long-term? Jackson is extension-eligible next offseason when the new TV deal kicks in, Damichael Cole of the Memphis Commercial Appeal notes. The 2023 Defensive Player of the Year could become eligible for a five-year, $318MM super-max extension if he’s named Defensive Player of the Year once again or earns an All-NBA spot in 2025. Of course, Memphis wouldn’t be obligated to put a full super-max offer on the table for Jackson if he meets the performance criteria.
Of the 20 NBA executives and scouts polled by Jonathan Givony and Jeremy Woo of ESPN.com (Insider link), 15 predicted that Hawks forward Zaccharie Risacher, the No. 1 pick in this year’s draft, will have a more successful NBA career than No. 2 pick Alex Sarr of the Wizards.
However, only one of those 20 respondents predicted that Risacher will end up being the best pick of the 2024 draft. Seven voters chose No. 3 pick Reed Sheppard for that honor, per Givony and Woo.
“Sheppard is going to help Houston right away, and I think he has a chance to be an All-Star down the road,” one high-level Eastern Conference executive told ESPN.
Trail Blazers center Donovan Clingan, who went seventh overall, was the second-leading vote-getter for the best pick of the draft, earning three votes.
“I thought [Clingan] was a steal on draft night at 7, but the things he did defensively in summer league were unreal with the impact he made,” one respondent said. “Now they have him shooting trail and pick-and-pop threes. If he starts making those consistently, that’s a game-changer with the way he can pass and protect the rim.”
Here are a few more of the most notable answers from the poll conducted by ESPN’s draft experts:
- Pistons forward Ron Holland (No. 5 overall) and Bucks guard AJ Johnson (No. 23) each earned four votes for the biggest reach of the draft. “I feel bad for Cade Cunningham,” one source told ESPN. “They’ve been rebuilding for years even though they never planned on it, and this pick signals they might need to blow up the roster and start over again. I just don’t see how [Holland] plays with Ausar Thompson, Jaden Ivey and all their other young guys. That situation is a mess. Even when Holland was scoring in Vegas, it was so ugly to watch.”
- Five of the 20 respondents picked Wizards guard Carlton Carrington (No. 14 overall) as the player who will become the biggest steal of this year’s draft, with one Western Conference executive comparing him to Tyrese Maxey.
- Sheppard (seven votes), Grizzlies center Zach Edey (four), Spurs guard Stephon Castle (three), and Clingan (two) were the only players who were chosen by multiple respondents as their Rookie of the Year pick.
- Feedback on this year’s two-day draft format was generally positive, according to Givony and Woo, with executives expressing appreciation for the break in between the two rounds that allowed them to do additional research ahead of day two. However, one GM criticized the decision to invite so many prospects to the green room, since it resulted in multiple players leaving Barclays Center after day one without being selected.
- Here’s how one of ESPN’s 20 respondents evaluated the two-day format: “Some of the people in our front office didn’t like how much this second day helps the disorganized teams who typically wing it and can be taken advantage of from a strategy standpoint. But the pros far outweigh the cons when it comes to better drafting and decision-making. There were a ton of trades and I think next year you’ll see some real creativity now that we have a better idea for how the evening looks.”
Guard Yuki Kawamura, a member of Japan’s National Team, has agreed to an Exhibit 10 contract with the Grizzlies.
Kawamura’s agreement was announced in a press release by the Yokohama B-Corsairs, his current team.
Kawamura is scheduled to sign the NBA contract with the Grizzlies in September. He’ll continue to play for the Japanese team until he signs the contract. He averaged 20.9 points and 8.0 assists per game for the Yokohama B-Corsairs last season.
Kawamura, 23, had a stellar game in the Paris Olympics on Tuesday, posting 29 points, six rebounds and six assists in Japan’s near-upset of France. The 5’8” Kawamura was whistled for a controversial foul call which led to Matthew Strazel‘s four-point play in the closing seconds of regulation. France won in overtime, 94-90.
Exhibit 10 deals, which are non-guaranteed, can be converted to two-way contracts. They can also ensure a player receives a bonus worth up to $77.5K if he’s waived before the regular season begins and then spends at least 60 days with his club’s G League affiliate.
JULY 29: Jones’ deal with the Suns is official, according to NBA.com’s transaction log.
JULY 27: Free agent point guard Tyus Jones has agreed to sign with the Suns, agent Kevin Bradbury tells Adrian Wojnarowski of ESPN. According to Wojnarowski, Jones will sign a one-year, minimum-salary contract.
Jones confirmed his decision in a statement to ESPN, as Wojnarowski relays (via Twitter).
“The chance to play for the Phoenix Suns made the most sense on a lot of levels to me and my family – beginning with the way (Suns owner) Mat Ishbia and the front office recruited me to how coach (Mike Budenholzer) showed me how I can significantly impact a team that has a real opportunity to challenge for an NBA title as their starting point guard,” Jones said.
“My agent (Bradbury) walked me and my family through multiple free agent offers and sign-and-trade proposals at a number of different financial levels but the Suns’ opportunity is where I can best maximize my value for a return to free agency next year as well as give myself a chance to be part of what I think will be a special team and season.”
A nine-year veteran, Jones was long considered one of the NBA’s top backup point guards while playing in Minnesota and Memphis. He got the chance with the Wizards in 2023/24 to become a full-time starter and made good on that opportunity by establishing new career highs in field goal percentage (48.9%), three-point percentage (41.4%), points per game (12.0), and assists per game (7.3) while continuing to take excellent care of the ball (he has never averaged more than 1.0 turnover per game).
We ranked Jones 15th overall on our list of top 50 free agents entering the offseason, but it quickly became clear that there wouldn’t be an opportunity for him to be the starting point guard on a contending team while earning a salary in the neighborhood of the $14MM he made last year in D.C.
Jones’ statement to Wojnarowski, which mentions that he expects to start in Phoenix, suggests that he’ll at least meet two of those three criteria. While he’s accepting a major pay cut, he’s in position to play a significant role on a team that has championship aspirations.
[RELATED: Tyus Jones Expected To Start At Point Guard For Suns]
The Suns’ three stars – Kevin Durant, Devin Booker, and Bradley Beal – are all relatively ball-dominant, but none of them are true point guards, so the team entered the offseason seeking a veteran who could organize the offense. Prior to signing Jones, Phoenix – which could only offer minimum-salary contracts while operating above the second tax apron – also added point guard Monte Morris on a one-year deal.
Jones will earn $3,003,427 on his minimum-salary contract, while the Suns will carry a cap hit of $2,087,519. John Gambadoro of Arizona Sports 98.7, who confirmed earlier today that the Suns were eyeing Jones, tweets that the 28-year-old chose Phoenix over the Hawks and Grizzlies.
The expectation is that, after trading David Roddy for E.J. Liddell, the Suns will waive Liddell in order to create room on the projected 15-man roster for Jones. As Bobby Marks of ESPN points out (via Twitter), Phoenix is saving about $727K in the Roddy/Liddell swap and would remove another $1.41MM from its cap if Liddell is waived using the stretch provision.
Those two moves would essentially cancel out the impact of Jones’ deal on the Suns’ 2024/25 cap, providing crucial savings for a team whose salary is so far over the luxury tax line.