- The Grizzlies received a B-minus from ESPN’s Kevin Pelton for Friday’s trade that sent Grayson Allen to the Bucks in exchange for Sam Merrill and two second round picks. Pelton states that Allen wasn’t in Memphis’ long-term plans and may not have gotten another contract after his rookie deal expires next summer.
AUGUST 7: The trade is now official, the Grizzlies announced in a press release. While Merrill’s salary for 2021/22 is not yet fully guaranteed, Memphis intends to guarantee his deal and keep him on the roster, reports Tony Jones of The Athletic (Twitter link).
AUGUST 6: The Grizzlies have agreed to deal guard Grayson Allen to the Bucks for guard Sam Merrill and two future second-round picks, ESPN’s Adrian Wojnarowski tweets.
Allen, who is entering his fourth NBA season, had a breakout year for Memphis in which he started 38 of 50 games and averaged 10.6 PPG, 3.2 RPG and 2.2 APG. The former Duke star has knocked down 38.1% of his 3-point attempts during his three-year career and will give the Bucks another perimeter option.
Milwaukee will absorb Allen’s contract using a $4.89MM traded player exception generated by a deal this past winter that sent guard D.J. Augustin to the Rockets, according to Bleacher Report’s Jake Fischer (Twitter link).
Allen has an expiring $4.1MM contract and is eligible for a rookie scale extension. Merrill has a $500K guarantee on his contract and his $1.5MM deal will become fully guaranteed if he’s on Memphis’ roster through Sunday, ESPN’s Bobby Marks tweets. It’s uncertain whether Memphis plans to keep Merrill, a 2020 second-pick who appeared in 30 regular season games with the Bucks.
Milwaukee’s projected luxury tax bill will jump via this acquisition. The team’s luxury tax penalty will increase from $36MM to $44MM, Marks notes in a separate tweet. Milwaukee is right at $200MM in salary and luxury tax, Marks adds.
AUGUST 7: The draft-night trade between the Jazz and Grizzlies is now complete, per a team release from Memphis. The two teams had to wait until the Grizzlies officially acquired the rights to No. 40 pick Jared Butler from New Orleans before they could officially complete this deal.
As detailed below, the final trade is the Grizzlies receiving Almada’s draft rights in exchange for the rights to Butler and two future second-round picks. Those second-rounders heading to Utah are Memphis’ own selections in 2022 and 2026, per Chris Herrington of The Daily Memphian (Twitter link).
JULY 29: The Jazz will send the 30th pick to the Grizzlies, tweets ESPN’s Adrian Wojnarowski. Memphis will select Loyola Maryland forward Santi Aldama, Woj adds (via Twitter).
Utah will receive the 40th pick and two future second-rounders in return, according to Chris Herrington of The Daily Memphian (Twitter link). The 40th pick was part of a trade with the Pelicans earlier this week that won’t become official until the moratorium ends.
The Grizzlies believed the Thunder were targeting Aldama in the second round, so they thought they had to trade up ahead of the 34-36 range to make sure he didn’t go to OKC, tweets Jeremy Woo of Sports Illustrated.
The 6’11” Aldama turned down an invitation to the combine and didn’t conduct any publicly-known workouts before the draft, notes Jonathan Givony of ESPN. Aldama said he preferred to play in his native Spain and discouraged teams from drafting him. That led many people around the league to believe he had a promise from somebody, and Memphis likely shut him down several months ago.
The Pelicans have officially announced a pair of previously–reported trades, having combined their acquisitions of center Jonas Valanciunas and point guard Devonte’ Graham into a single transaction involving both the Grizzlies and Hornets. Memphis and Charlotte have put out press releases as well.
The details of the three-team deal are as follows:
- To Pelicans:
- Valanciunas (from Grizzlies)
- Graham (sign-and-trade; from Hornets)
- The draft rights to Trey Murphy (No. 17 pick; from Grizzlies)
- The draft rights to Brandon Boston (No. 51 pick; from Grizzlies)
- Note: Boston will be rerouted to the Clippers in a subsequent trade.
- To Grizzlies:
- Eric Bledsoe (from Pelicans)
- Steven Adams (from Pelicans)
- The draft rights to Ziaire Williams (No. 10 pick; from Pelicans)
- The draft rights to Jared Butler (No. 40 pick; from Pelicans)
- Note: Butler will be rerouted to the Jazz in a subsequent trade.
- The Lakers’ 2022 first-round pick (top-10 protected; from Pelicans)
- To Hornets:
- Wesley Iwundu (from Pelicans)
- The Pelicans’ 2022 first-round pick (top-14 protected; from Pelicans)
- Note: If the Pelicans’ 2022 first-rounder falls in the top 14, the Hornets will instead receive New Orleans’ 2022 and 2024 second-round picks, per Rod Boone of SI.com.
- Cash (from Pelicans)
- The draft rights to Tyler Harvey (from Grizzlies)
The details of the three-team trade essentially line up with what was previously reported, with two new pieces added — Iwundu going from New Orleans to Charlotte and Harvey’s draft rights going from Memphis to Charlotte. Harvey was presumably only included to ensure that the Grizzlies and Hornets were “touching,” since otherwise Memphis would only have been exchanging assets with the Pelicans.
Looping their sign-and-trade acquisition of Graham into the trade suggests the Pelicans will operate over the cap, using Bledsoe’s and Adams’ outgoing salaries in order to match both Valanciunas and Graham instead of signing Graham into cap space.
As Bobby Marks of ESPN notes (via Twitter), it also allows New Orleans to generate a $17MM+ trade exception in the deal. Only Bledsoe’s and Iwundu’s outgoing salaries are needed for matching purposes to take on Valanciunas and Graham, meaning the Pelicans’ new TPE is worth Adams’ salary ($17,073,171).
Graham reportedly signed a four-year, $47MM contract with the Pelicans as part of the trade. He and Tomas Satoransky appear set to play the majority of the minutes at point guard in New Orleans, barring further roster changes. The team is sending Lonzo Ball to Chicago in a separate sign-and-trade deal.
Graham made just 37.7% of his field goal attempts in 2020/21, but his three-point mark was a very respectable 37.5%. In addition to his ability to make threes, Graham is an above-average play-maker (6.5 APG over the last two seasons) and a respectable defender.
Swapping out Adams for Valanciunas should allow the Pelicans to improve their frontcourt spacing. Valanciunas isn’t exactly a long-distance marksman, but has a solid mid-range game and will shoot the occasional three-pointer, which should create more room for Zion Williamson to operate. The former No. 5 overall pick averaged an impressive 17.1 PPG and 12.5 RPG with a .592/.368/.773 shooting line in 62 games (28.3 MPG) this past season.
From the Grizzlies’ perspective, the deal was a way to improve their draft assets in both 2021 and 2022 as a result of their willingness to take on Adams’ and Bledsoe’s pricey contracts. The team moved up from No. 17 to No. 10 to snag Williams, and later flipped the No. 40 pick (Butler) to Utah in a separate trade to move up to No. 30 for Santi Aldama.
[RELATED: 2021 NBA Offseason Trades]
The Hornets, meanwhile, decided to move on from Graham and got a protected first-round pick from New Orleans in exchange for waiving their right to match an offer sheet for the restricted free agent. Iwundu’s guaranteed $1.82MM salary for 2021/22 will eat up a small amount of Charlotte’s cap room, but the team will still have enough flexibility to complete its signing of Kelly Oubre to a two-year deal in the range of $12-13MM per year.
A total of 56 free agents reached contract agreements with teams around the NBA on Monday, but not a single one of those players is signing with the Grizzlies. That’s by design though, according to Evan Barnes of The Memphis Commercial Appeal, who writes that Memphis’ plan was always to have a quiet free agent period and focus on negotiating a potential contract extension with Jaren Jackson Jr.
One of 24 players eligible for a rookie scale extension this offseason, Jackson won’t get a maximum-salary deal like Luka Doncic, Trae Young, and Shai Gilgeous-Alexander. But Grizzlies head of basketball operations Zach Kleiman has suggested that the former fourth overall pick remains very much in the franchise’s long-term plans.
“I think we’re going to be our best selves over time with Jaren,” Kleiman said after the draft, per Barnes. “Spacing the floor, attacking, creating, defensively taking advantage of the versatility he brings to the table.”
Here’s more from around the West as we wait for day two of free agency to start heating up:
- When Marc Gasol signed a two-year, minimum-salary contract with the Lakers last summer, there was some speculation that he might decide to retire after the 2020/21 season. That’s not his plan though. As Brian Windhorst of ESPN tweets, Gasol told reporters following Spain’s elimination from the Olympics on Tuesday that he intends to continue his NBA career and finish his contract with L.A.
- The Trail Blazers formally announced Chauncey Billups‘ coaching staff in a press release on Monday, confirming that previously-reported assistant coaching hires such as Scott Brooks, Roy Rogers, Steve Hetzel, and Edniesha Curry are now official. Former Long Island Nets assistant Milt Palacio will also be part of Billups’ staff, according to the team.
- Doug Christie is moving from the broadcast booth to the sidelines, as the Kings officially announced the former NBA player and veteran TV analyst will be joining Luke Walton‘s staff as an assistant coach. Christie, who played for Sacramento from 2000-05, said in a statement that coaching for the Kings has been a “dream of mine.”
The Grizzlies have declined the $13MM team option in Justise Winslow‘s contract for next season, Shams Charania of The Athletic reports (Twitter link).
This move was expected from Memphis, since the team needed to remove Winslow’s salary from its books to create space for Eric Bledsoe and Steven Adams. The Grizzlies are reportedly set to acquire the duo in a trade with the Pelicans, sending back center Jonas Valanciunas in return.
The 25-year-old Winslow has missed several games due to injuries over the past two seasons, appearing in just 37 total contests as a result. He spent the first five seasons of his career in Miami before being traded to Memphis in February of 2020.
In the 26 games he did play during the 2020/21 season, Winslow averaged 6.8 points and 4.5 rebounds in 19.5 minutes per contest. Memphis had to make a decision on his option by 5:00pm ET on Sunday.
- Ziaire Williams was hoping the Grizzlies would use the No. 10 pick on him, Evan Barnes of the Memphis Commercial Appeal writes. “I kept it a secret because I didn’t want to mess it up,” Williams said. “But truthfully, my family will tell you, (VP of basketball affairs) Tayshaun Prince, (GM) Zach (Kleiman), everyone, this is where I really wanted to be.”
- Ben Moore will play on the Grizzlies’ summer league team, Nicola Lupo of Sportando tweets. Moore, who spent last season in Australia with South East Melbourne, played two games with the Pacers in 2017/18.
The Warriors have issued a qualifying offer to two-way player Nico Mannion, making him a restricted free agent, tweets Keith Smith of Spotrac. Because Mannion, the 48th overall pick in the 2020 draft, was on a two-way contract during his rookie season, his qualifying offer will be the equivalent of another two-way deal, with a partial guarantee worth $50K. The QO will give Golden State matching rights in the event that another team signs Mannion to an offer sheet next week.
Here are more updates on players on two-way contracts receiving qualifying offers:
- Saben Lee, a 2020 second-round pick who spent his rookie season on a two-way deal, has received a qualifying offer from the Pistons, making him a restricted free agent, tweets Smith. As expected, Detroit also officially renounced the draft rights to Jaylen Hands, Smith notes.
- The Bulls issued a qualifying offer to two-way player Devon Dotson, making him a restricted free agent, tweets Smith. Chicago also gave a QO to Lauri Markkanen on Friday.
- Nuggets guard Markus Howard, another two-way player, received a qualifying offer that makes him a restricted free agent, tweets Smith. Howard appeared in 37 games for Denver last season as an undrafted rookie out of Marquette.
- The Spurs extended a qualifying offer to forward Keita Bates-Diop to make him an RFA, tweets Smith. Like the other players listed above, Bates-Diop has fewer than four years of NBA experience and is therefore eligible to sign another two-way contract after spending the 2020/21 season on a two-way deal.
- The Cavaliers gave a qualifying offer to two-way shooting guard Brodric Thomas, tweets Chris Fedor of Cleveland.com (Twitter link). Thomas appeared in a total of 32 games for Houston and Cleveland as a rookie in 2020/21.
- The Grizzlies announced they’ve issued a qualifying offer to big man Killian Tillie, making him a restricted free agent. Tillie appeared in 18 games for Memphis as a rookie on his two-way deal.
Since all of these players are coming off two-way contracts and have only spent one season with their respective teams, their QOs are one-year, two-way offers with $50K guarantees.
As long as Ben Simmons remains in Philadelphia and Kyle Lowry hasn’t reached an agreement in free agency, league sources aren’t ruling out the possibility of a deal between the Sixers and Raptors that would send Lowry to his hometown via sign-and-trade, says Jake Fischer of Bleacher Report. However, with several suitors expected to pursue Lowry aggressively in free agency, that doesn’t appear to be a likely outcome for the time being.
According to Fischer, one intriguing trade framework that the Raptors have discussed with the Trail Blazers would involve Pascal Siakam and CJ McCollum. But those talks haven’t gathered any real momentum yet, Fischer cautions.
Here are a few more trade-related rumors and notes from around the NBA:
- Although Shai Gilgeous-Alexander‘s name popped up in trade rumors leading up to the draft, the Thunder never offered him to the Cavaliers in negotiations for the No. 3 pick, according to Fischer, who reports that Oklahoma City only made present and future draft assets available in those discussions. The expectation is that the Thunder and Gilgeous-Alexander will reach an agreement on a maximum-salary contract extension this offseason, Fischer adds.
- Before agreeing to a deal to acquire Josh Richardson from Dallas, the Celtics also expressed trade interest in Grizzlies wing Kyle Anderson, sources tell Fischer.
- The Timberwolves, who have long been in the market for a power forward, inquired on Danilo Gallinari before agreeing to send Ricky Rubio to Cleveland, says Chris Kirschner of The Athletic. The Hawks turned down Minnesota’s offer for Gallinari.
The Grizzlies have waived big man Jontay Porter, the team’s PR department tweets.
Porter came off the bench in 11 games last season but only averaged 4.9 MPG. Porter, 21, went undrafted in 2019 out of Missouri.
Porter, the brother of Nuggets forward Michael Porter Jr., underwent multiple knee surgeries before making his NBA debut in April. He also played for the team’s G League affiliate, the Memphis Hustle, at the Orlando bubble.
Porter was signed to a three-year, $6MM deal last November but the salaries in the last two years of the deal were not fully guaranteed. He would have been owed $1.95MM for next season if he had remained on the roster past August 18th.
Memphis will incur a $300K cap hit for waiving Porter, ESPN’s Bobby Marks tweets.