Memphis Grizzlies Rumors | Hoops Rumors

Grizzlies Waive Sean McDermott To Complete Trade With Wolves

August 25th, 2021 at 1:44pm CST by Luke Adams

In order to create room on their 20-man roster to accommodate a one-for-two trade with the Timberwolves, the Grizzlies have waived wing Sean McDermott, the team announced today in a press release.

McDermott, who went undrafted out of Butler in 2020, quickly caught on with the Grizzlies, signing a two-way deal with the team last November. He appeared in 18 NBA games during his rookie season, averaging 2.2 PPG and 1.1 RPG in limited action (8.8 MPG).

Because McDermott’s two-way contract covered two seasons, he had remained under team control to start the 2021/22 league year, but it looks like he’s no longer in the team’s plans for the time being.

Memphis now has an open two-way contract slot, with Killian Tillie occupying the other one. Yves Pons, who is on an Exhibit 10 contract, looks like a candidate to claim the second two-way deal before the regular season, notes Chris Herrington of The Daily Memphian (Twitter link).

Besides Tillie and Pons, the Grizzlies’ other 18 players are on guaranteed contracts. That includes Juan Hernangomez and Jarrett Culver, who were acquired from Minnesota in exchange for Patrick Beverley in the trade that was completed today, and Rajon Rondo, whom Herrington doesn’t expect to still be on the team when the season begins (Twitter link).

Grizzlies Trade Beverley To Wolves For Culver, Hernangomez

August 25th, 2021 at 1:42pm CST by Luke Adams

AUGUST 25: Over a week after agreeing to terms, the Grizzlies and Timberwolves have completed their trade, according to press releases sent out by both teams. Memphis waived Sean McDermott in order to make room on the 20-man roster for the extra incoming player.

AUGUST 17: A day after acquiring him from the Clippers, the Grizzlies have lined up a deal to flip veteran guard Patrick Beverley to the Timberwolves, reports Adrian Wojnarowski of ESPN (Twitter link).

According to Wojnarowski, Memphis will receive wing Jarrett Culver and forward Juan Hernangomez from Minnesota in the trade.

As Wojnarowski observes (via Twitter), Timberwolves president of basketball operations Gersson Rosas worked in the Rockets’ front office when Beverley was in Houston and appreciates the toughness and leadership he can bring to a young team. Minnesota lost some point guard depth when the team shipped Ricky Rubio to Cleveland, so Beverley will help fortify that position.

Beverley, 33, averaged 7.5 PPG, 3.2 RPG, and 2.1 APG on .423/.397/.800 shooting in 37 games (22.5 MPG) for the Clippers in 2020/21 and is considered a strong perimeter defender.

Moving Hernangomez will reduce the Wolves’ options at an already-thin power forward spot, but it may have been a necessary move. There was reportedly tension between the player and the team after Minnesota’s medical staff prevented the 25-year-old from representing Spain at the Tokyo Olympics last month due to a shoulder injury.

Culver, meanwhile, was the No. 6 overall pick in the 2019 draft. One of Rosas’ first moves after being hired by the Wolves was to trade Dario Saric and the No. 11 pick (Cameron Johnson) in order to move up for Culver, but he struggled during his first two years in the NBA, putting up a modest 7.8 PPG and 3.3 RPG on .406/.288/.503 shooting in 97 total games (20.7 MPG).

After taking on some extra 2021/22 money in their trade with the Clippers, the Grizzlies will reduce this year’s team salary a little in this deal — the combined salaries for Culver ($6.4MM) and Hernangomez ($6.9MM) come in slightly lower than Beverley’s cap hit ($14.32MM). Neither player is owed any guaranteed money in 2022/23 yet either, though Culver has an $8.11MM team option and Hernangomez has a $7.42MM non-guaranteed salary.

It’s unclear how Culver and Hernangomez fit into Memphis’ plans. The deal certainly doesn’t help the Grizzlies’ roster crunch — they already had 17 players on guaranteed contracts before swapping out Beverley for two new players, and will actually have to waive someone from their 20-man roster in order to complete the one-for-two trade.

There are likely more moves to come for the Grizzlies, so we’ll have to wait to see what they have in mind for Culver and Hernangomez, but it’s worth noting that Culver is still just 22 years old — the club may seem some untapped potential there. Memphis will have to make a decision on his $8.1MM option for 2022/23 this fall.

Kevin Pangos Drawing Interest From Cavaliers, Others

August 23rd, 2021 at 9:33am CST by Luke Adams

Former Gonzaga guard Kevin Pangos, who has spent the last several seasons playing in Europe, is garnering interest from the Cavaliers, according to reports from Chris Fedor of Cleveland.com and Donatas Urbonas of BasketNews.com.

Pangos, 28, has carved out an impressive career overseas, having spent time in Spain, Lithuania, and Russia since going undrafted in 2015. In 2020/21, he averaged 13.5 PPG and 6.6 APG on .449/.390/.845 shooting in 39 EuroLeague contests (28.9 MPG) for Zenit Saint Petersburg, earning a spot on the All-EuroLeague First Team.

According to Fedor, Pangos has received “big” offers to remain in Europe, but it sounds like he’s interested in making the move to the NBA. Urbonas and Blake Murphy of The Athletic (Twitter link) both suggest that the Canadian guard would likely need a guaranteed contract offer to justify a return stateside.

As Urbonas writes, the Grizzlies are among the other teams eyeing Pangos, but they already have too many players on guaranteed salaries on their roster and likely aren’t in position to offer more than an Exhibit 10 contract. Murphy names the Raptors as another NBA club with interest.

Cleveland could ultimately be the best fit for Pangos. As Fedor has previously reported, the team remains in the market for one more point guard even after acquiring Ricky Rubio earlier this offseason. The Cavs also have plenty of roster flexibility, with just 10 players on guaranteed contracts so far — Lamar Stevens, Damyean Dotson, Dean Wade, and Mfiondu Kabengele don’t have full guarantees.

Examining Which Grizzlies Newcomers Might Stay

August 22nd, 2021 at 8:03pm CST by JD Shaw

Chris Herrington of the Daily Memphian takes a closer look at some of the Grizzlies‘ newcomers, exploring which are likely to stick around. Memphis recently acquired Rajon Rondo and Daniel Oturu as part of the trade involving Eric Bledsoe, with both players facing uncertain futures in the present day. The team also acquired Patrick Beverley in the deal, but has reportedly agreed to move Beverley to Minnesota in exchange for Jarrett Culver and Juan Hernangomez.

Dillon Brooks, Kyle Anderson Available On Trade Market

August 22nd, 2021 at 6:41pm CST by JD Shaw

Grizzlies forwards Dillon Brooks and Kyle Anderson are said to be available on the trade market for the right price, sources tell Chris Fedor of Cleveland.com.

Brooks and Anderson have both been with the Grizzlies for quite some time – Brooks since 2017/18 and Anderson since 2018/19 – and played significant roles for the team last season. Brooks, who is under contract for two more years and $23.6MM, averaged 29.8 minutes per game, while Anderson, who is on an expiring $9.9MM deal, saw 27.3 minutes per contest.

Memphis currently has 17 guaranteed contracts, and that number could increase to 18 once the team’s trade with Minnesota (Patrick Beverley for Jarrett Culver and Juan Hernangomez) becomes official. In addition to Culver and Hernangomez, the team also recently acquired Rajon Rondo and Daniel Oturu.

The franchise must open one roster spot to complete its deal with Minnesota, so a player with a guaranteed contract could be traded, waived, or bought out to accommodate the one-for-two swap. The Grizzlies, who also have two players on two-way deals and Yves Pons on an Exhibit 10 contract, can carry up to 20 players in the offseason, but will have to trim their roster to 15 (plus two-ways) once the regular season begins.

Since Brooks and Anderson are productive wings on team-friendly contracts, Memphis would only move either player in a favorable deal — not just to address the club’s roster crunch.

Along with Brooks and Anderson, the Grizzlies boast a relatively young core consisting of Ja Morant and Jaren Jackson Jr., among others. They finished last season with a 38-34 record and claimed the final playoff spot in the West.

Team Keeps Accumulating Bad Contracts

August 18th, 2021 at 7:31pm CST by Dana Gauruder

The Grizzlies have become a proverbial dumping ground for teams looking to move contracts they’re trying to shed, says Mark Giannotto of the Memphis Commercial Appeal. Their recent acquisition of Patrick Beverley – who is being flipped to Minnesota – and Rajon Rondo from the Clippers demonstrates that strategy. Memphis has made a number of similar moves in recent years, stockpiling first-round draft picks and opening up cap space after this season with the hope landing another star to join Ja Morant and Jaren Jackson Jr.

Grizzlies Trade Bledsoe To Clippers For Beverley, Rondo, Oturu

August 16th, 2021 at 12:21pm CST by Luke Adams

AUGUST 16: The Grizzlies and Clippers have put out press releases officially announcing the trade.

AUGUST 15: The Grizzlies and Clippers have agree to a trade that will send veteran point guard Eric Bledsoe back to Los Angeles in exchange for Patrick Beverley, Rajon Rondo, and Daniel Oturu, reports ESPN’s Adrian Wojnarowski (Twitter link).

Bledsoe, who began his NBA career with the Clippers back in 2010, was traded from New Orleans to Memphis earlier in the offseason as part of a salary-dump deal that also sent Steven Adams to the Grizzlies. A report at the time of the agreement indicated that Bledsoe was unlikely to remain in Memphis, though it was unclear if the plan was to trade him or buy him out.

This trade, a three-for-one swap, will help generate some roster flexibility for a Clippers team that had been carrying 16 players on fully guaranteed contracts. Los Angeles will now have 14 players on guaranteed deals, plus Yogi Ferrell on a non-guaranteed salary.

Swapping out Beverley ($14.32MM), Rondo ($8.25MM), and Oturu ($1.52MM) for Bledsoe ($18.13MM) will also save the Clippers some money on a tax bill that was projected to be worth $125MM. According to ESPN’s Bobby Marks (via Twitter), that projection will dip to about $95MM.

The three outgoing players are all on expiring contracts, while Bledsoe is on a pseudo-expiring deal — his $19.38MM salary for 2022/23 is only partially guaranteed for $3.9MM. Because only Beverley and Oturu are required for salary-matching purposes, L.A. will generate a trade exception worth Rondo’s $8.25MM salary, Marks notes.

Although the Clippers will sacrifice a little depth in the trade, Bledsoe is a bounce-back candidate who could conceivably provide the club with some of the play-making and defense lost by moving Beverley and Rondo. Bledsoe had a down year with the Pelicans in 2020/21, but he averaged 5.5 assists per game during his time in Milwaukee from 2018-20 and earned All-Defensive nods in both seasons.

The Grizzlies, meanwhile, save a little 2022/23 money in the deal while taking on some extra salary for ’21/22. Memphis is now facing a roster crunch of its own, with 17 players on fully guaranteed contracts.

According to Wojnarowsi (Twitter link), the Grizzlies will be “open-minded” in weighing additional roster moves involving Beverley, Rondo, and/or Oturu and will likely consider flipping one or more of them in separate deals.

Memphis is already relatively deep at the point guard spot, with Tyus Jones backing up Ja Morant and De’Anthony Melton also capable of playing the position. As such, it’s hard to imagine both Beverley and Rondo starting the season with the club.

Because they’re on smaller expiring deals, Beverley and Rondo should be easier for the Grizzlies to move in subsequent trades than Bledsoe was. The move to turn one bigger contract into multiple smaller ones is somewhat reminiscent of a trade the team completed during the 2019 offseason, sending out Chandler Parsons‘ oversized expiring deal for Solomon Hill and Miles Plumlee, who were each earning about half of what Parsons was.

Central Notes: Pistons, Bucks, Dosunmu, Mobley

August 12th, 2021 at 9:56pm CST by Dana Gauruder

The Pistons have a logjam and will need to make some moves to create roster space, according to Keith Langlois of Pistons.com. They’re already at the 15-player limit for standard contracts and a decision on restricted free agent Hamidou Diallo is still looming. They also have only one two-way contract slot available and have yet to sign second-round draft picks Luka Garza and Balsa Koprivica.

We have more from the Central Division:

The Bucks gave up two second-round picks in the Grayson Allen deal with the Grizzlies. The picks they’re giving up are owed to Milwaukee from previous deals, Chris Herrington of The Daily Memphian tweets. The first of those picks will either the Pacers’ pick or the less favorable of Cavaliers’ or Jazz’s pick in 2024. The second will be conveyed in 2026, the highest of either the Pacers’ or Heat’s pick.
Bulls second-rounder Ayo Dosunmu is off to a rough shooting start in the summer league, Joe Cowley of the Chicago Sun-Times notes. He’s shooting 7-for-24 (29%) from the field through three games. “The advice I got was go out there and play hard,’’ said Dosunmu, the 38th overall selection. “Just try to learn something new each game. That’s the best way you’re going to get better.”
The No. 3 overall pick, Evan Mobley, is showing the Cavaliers in summer league play how he can impact their offense in a number of ways, Chris Fedor of the Cleveland Plain Dealer writes. His passing ability, in particular, can diversify their attack. “He’s going to be an extremely integral piece for us throughout the season and his willingness to share the ball and then also be able to get his own shot when he wants it is extremely important,” Cavaliers summer league coach J.J. Outlaw said. “But as you can see his teammates trusted that he would deliver the ball on time, on target when they would cut and they just kept cutting.”

Grizzlies Re-Sign Killian Tillie To Two-Way Contract

August 12th, 2021 at 10:27am CST by Luke Adams

The Grizzlies have officially re-signed free agent forward/center Killian Tillie to a two-way contract, the team announced today in a press release.

Tillie, who went undrafted out of Gonzaga in 2020, caught on quickly with Memphis last fall, signing a two-way deal with the team in November. He played sparingly for the NBA club as a rookie, averaging 3.2 PPG and 1.3 RPG in 18 games (10.1 MPG), but made enough an impression to earn a qualifying offer from the team prior to free agency.

That qualifying offer, which made Tillie a restricted free agent, was equivalent to another two-way deal with a $50K partial guarantee. It’s unclear if the 23-year-old simply accepted his QO or if he and the team negotiated a new agreement with a more significant guarantee.

Either way, Tillie now occupies one of Memphis’ two-way contract slots. Sean McDermott currently holds the other, as our tracker shows.

Southwest Notes: Z. Collins, Grizzlies, Doncic, Pelicans

August 12th, 2021 at 9:32am CST by Luke Adams

Zach Collins‘ new three-year deal with the Spurs, reported to be worth $22MM, will technically come in at $22.05MM, but a significant chunk of the deal is non-guaranteed, reports ESPN’s Bobby Marks (Twitter link).

According to Marks, Collins will earn a fully guaranteed $7MM salary in 2021/22, but only half of his $7.35MM salary in ’22/23 is guaranteed and his $7.7MM cap hit for ’23/24 is fully non-guaranteed.

Collins, who has undergone multiple foot surgeries during the last two seasons and has been limited to 11 total games during that time, is assured of receiving at least $10.675M on his new contract. However, if he continues to battle health problems, the Spurs could cut ties as early as next summer without a major financial hit.

Here’s more from around the Southwest:

In a look at the Grizzlies‘ roster situation, Chris Herrington of The Daily Memphian notes that it remains unclear what the team’s plan is for Eric Bledsoe. When Memphis first agreed to its trade with New Orleans in July, a report indicated that Bledsoe likely wouldn’t play for the Grizzlies, but the veteran guard remains on the roster for the time being.
Appearing at Summer League in Las Vegas after returning from Slovenia, new Mavericks president of basketball operations Nico Harrison said the front office’s trip to Luka Doncic‘s home country was “bigger than just a big contract” and was about showing “respect” to the team’s franchise player. Brad Townsend of The Dallas Morning News has the story.
Exploring the NBA’s investigation into the Bulls’ and Heat’s sign-and-trade acquisitions of Lonzo Ball and Kyle Lowry, respectively, veteran NBA reporter Marc Stein suggests the Pelicans and Raptors may not face any penalties if last year’s Bogdan Bogdanovic case is any indication — Milwaukee was fined and docked a draft pick, but Sacramento wasn’t disciplined. While Stein may be right, I think the Pelicans have reason to be concerned. If the league’s focus is on sign-and-trade acquisitions completed suspiciously quickly, it’s worth noting that New Orleans received Garrett Temple via sign-and-trade as part of the Ball deal.