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FA Rumors: KCP, Pacers, Mid-Level Usage, Suns, Gillespie, Bullock

June 30th, 2024 at 1:53pm CST by Luke Adams

While teams with cap room have been mentioned most frequently as the top suitors for Kentavious Caldwell-Pope, Mike Singer of The Denver Post (Twitter link) has continually heard the Pacers mentioned as a team to watch for the veteran swingman.

A previous report suggested that a cap-room club like the Sixers or Magic could make an oversized short-term offer (e.g. two years, $50MM) for Caldwell-Pope, but Singer says he’s heard KCP would prefer a longer-term deal.

As John Hollinger of The Athletic writes, if the Nuggets are willing to negotiate a sign-and-trade deal, a package along the lines of Aaron Nesmith and Jarace Walker might work financially, based on Caldwell-Pope’s projected salary range. However, a sign-and-trade involving Caldwell-Pope would hard-cap the Pacers at the first tax apron and the Nuggets at the second apron, so some financial creativity could be required, especially on Denver’s end.

Here are a few more free agency rumors and notes from around the NBA:

Within his latest round-up of rumors, Jake Fischer of Yahoo Sports says not many teams around the NBA are expected to use the full mid-level exception to sign a player, since it can now be used as a de facto trade exception, so there’s some value in retaining a portion of it. Of course, even last season, before the mid-level could be used to accommodate trades, only one team used the entire amount on a single player (Toronto on Dennis Schröder).
The Suns have been linked to a ton of potential minimum-salary point guards, according to Fischer, who names Kyle Lowry and Monte Morris as two of the players viewed as possible targets for Phoenix. There has even been some chatter about the possibility of a reunion with Chris Paul if he’s waived by Golden State, Fischer adds.
After being made an unrestricted free agent by Denver, guard Collin Gillespie is expected to receive interest from the Hawks, Hornets, Suns, and Timberwolves, sources tell Fischer. Gillespie may have to accept a two-way contract and compete for a standard roster spot, Fischer adds. Darren Wolfson of 5 Eyewitness News and SKOR North (Twitter link) confirms Minnesota’s interest in Gillespie but says the team doesn’t seem likely to land him.
Veteran wing Reggie Bullock is unlikely to re-sign with the Rockets, sources tell Kelly Iko of The Athletic (Twitter link). According to Iko, multiple teams have interest in Bullock, who figures to be a minimum-salary target.

Hawks, Bruno Fernando Agree To Push Back Guarantee Date

June 29th, 2024 at 9:36pm CST by Luke Adams

For a second straight year, the Hawks and Bruno Fernando have reached an agreement to push back his salary guarantee date, reports Lauren L. Williams of The Atlanta Journal-Constitution (Twitter link).

In 2023, Atlanta moved Fernando’s salary guarantee deadline from June 29 to July 10, then ultimately kept him on the roster, guaranteeing his full $2.58MM salary for ’23/24. The guarantee date for his $2.72MM salary for ’24/25 has been pushed from June 29 into next month, Williams says, though there are no specific details yet on the new date.

Fernando is one of several players around the league who had a June 28 or June 29 salary guarantee date on his contract for 2024/25. Here are updates on a few of the others:

T.J. McConnell‘s $9.3MM salary for 2024/25, which had been partially guaranteed for $5MM, became fully guaranteed when the Pacers guard remained under contract through Friday, as Tony East of SI.com tweets. Given McConnell’s on-court value to Indiana, he was obviously never in danger of being waived.
That’s also true of Lauri Markkanen, whose contract with the Jazz featured a salary guarantee deadline on Friday. We can safely assume the team didn’t make any effort to push that date back, so the star forward’s $18MM salary for next season is now guaranteed.
Dante Exum remains in the Mavericks‘ plans going forward, according to Tim MacMahon of ESPN, who notes (via Twitter) that the guard’s $3.15MM salary for 2024/25 became guaranteed when he wasn’t waived on Friday. Exum had a very successful return to the NBA last season after two years in Europe, averaging 7.8 PPG, 2.9 APG, and 2.7 RPG with a .533/.491/.779 shooting line in 55 games (19.8 MPG) for Dallas.
Josh Minott‘s $2.02MM salary with the Timberwolves for 2024/25 is now guaranteed, tweets Dane Moore of Blue Wire Podcasts. Minott’s cap hit is a little less than that of a two-year veteran’s minimum, so in addition to having the opportunity to continue developing the 2022 second-round pick, Minnesota will save a little money by carrying him in place of a minimum-salary signing.
Reporting last week suggested that the Rockets planned to keep center Jock Landale through his guarantee date on Saturday, and there have been no indications since then that the plan has changed or that his deadline has been pushed back, so we’re assuming his $8MM salary for 2024/25 is now fully guaranteed. Landale, who had an inconsistent role last season, could be used as a salary-matching piece in a Houston trade at some point during the coming league year.
Our early salary guarantee date tracker has been updated to reflect all of these updates.

James Borrego Pulls Out Of Pistons’ Coaching Search

June 28th, 2024 at 1:10pm CST by Luke Adams

Pelicans associate head coach James Borrego has removed his name from consideration for the Pistons‘ head coaching vacancy, league sources tell Chris Haynes of Bleacher Report (via Twitter). Justin Napoli of Boot Krewe Media first tweeted on Thursday that he was hearing Borrego would remain in New Orleans.

Borrego, who also received serious consideration for the Lakers’ and Cavaliers’ head coaching jobs this offseason, was immediately identified as a candidate for Detroit following the dismissal of Monty Williams last week.

The veteran assistant, who served as the head coach of the Hornets from 2018-22, has spent the last two seasons on Willie Green‘s staff in New Orleans, overlapping with new Pistons president of basketball operations and former Pelicans general manager Trajan Langdon.

One recent report from Marc Stein indicated that the Lakers would also have interest in Borrego as an assistant if he didn’t get a head coaching job, though Stein stressed that the Pelicans would be determined to hang onto him in that scenario.

With Borrego off the table, Timberwolves assistant Micah Nori, Mavericks assistant Sean Sweeney, and former Cavs head coach J.B. Bickerstaff are among the candidates to watch for the Pistons. All three have had interviews with the team, per James L. Edwards III of The Athletic.

Grizzlies To Acquire No. 53 Pick Cam Spencer From Wolves

June 28th, 2024 at 10:33am CST by Dana Gauruder

JUNE 28, 10:33am: The Timberwolves will acquire a future second-round pick from the Grizzlies to move down from No. 53 to No. 57, and cash considerations from the Raptors for No. 57, reports Jon Krawczynski of The Athletic (Twitter link).

JUNE 27, 5:16pm: The Timberwolves are swapping the No. 53 pick to the Grizzlies for the No. 57 pick, Shams Charania of The Athletic and Stadium tweets. Minnesota will then send the No. 57 pick to the Raptors, ESPN’s Adrian Wojnarowski tweets.

UConn shooting guard Cam Spencer was taken with the No. 53 and he’ll now join the Grizzlies. Spencer played a key role in UConn’s championship run this past season, averaging 14.3 points, 4.9 rebounds and 3.6 assists after transferring from Rutgers. He also played three seasons at Loyola Maryland. Spencer shot 44% from beyond the 3-point arc for the Huskies and knocked 41.7% of his 3s in 132 college games.

He’s the fourth UConn player to get selected in this draft. Stephon Castle and Donovan Clingan were chosen in the lottery and Tristen Newton was also selected in the second round.

Cameroon big man Ulrich Chomche was chosen at No. 57 and he’ll join Toronto. He spent this past season with the NBA Academy Africa. He only played three games during the Basketball Africa League qualifiers, in which he averaged 13 points, nine rebounds, three assists, three blocks and one steal per game. Overall, he averaged 8.5 points, 2.4 assists and 2.1 blocks in 26 games last season.

He’s the first player from the NBA Academy to be drafted.

Minnesota, in a cap-saving move, agreed to trade shooting guard Wendell Moore Jr. and the 37th pick to Detroit earlier in the day. The Pistons used that pick to select forward Bobi Klintman.

Essentially, the Timberwolves made three deals to trade out of the second round.

Northwest Notes: Dillingham, Wolves, Blazers, Thunder, Topic

June 27th, 2024 at 4:31pm CST by Luke Adams

Due to team-building restrictions from the second tax apron, the Timberwolves knew they were limited in their ability to acquire impact players this summer. Instead of standing pat, they decided to make another aggressive move, trading an unprotected first-round pick in 2031 and a top-one protected 2030 first-round swap to the Spurs for the rights to Kentucky guard Rob Dillingham, the No. 8 pick.

As Jon Krawczynski of The Athletic writes, Wolves president of basketball operations Tim Connelly views Dillingham as the top shot creator in the draft, a major need for a Minnesota team that struggled to score at times during the 2023/24 regular season and playoffs.

“I don’t know how we can achieve that in the next two or three years via free agency,” Connelly said. “We don’t want to trade our core guys. It’s pretty simplistic. I think we’ve checked a major box that we lacked last year.”

“He’s a guy who, from Day 1, is going to have a role and a responsibility,” Connelly continued, per Chris Hine of The Star Tribune. “Certainly it’s going to be hard for him. But I don’t think you’re that aggressive in the top 10 [of the draft] with a guy you don’t think can play right away.”

Here’s more from around the Northwest:

Somak Sarkar, the former Timberwolves employee who was fired for stealing thousands of files, had a felony third-degree burglary charge dismissed but pled guilty on Wednesday to a misdemeanor charge of unauthorized computer access, reports Baxter Holmes of ESPN. Sarkar is scheduled to be sentenced on July 9.
Asked about using the No. 7 pick on Wednesday to draft Donovan Clingan with centers Deandre Ayton and Robert Williams already on the roster, Trail Blazers general manager Joe Cronin downplayed the idea of a logjam up front, per Bill Oram of The Oregonian. “We’re not good enough to be content at any one position or even just at the starting positions,” Cronin said.
Cronin also made an interesting comment when discussing the rest of the Trail Blazers‘ offseason, telling reporters, “We’re committed to Scoot (Henderson) and Shaedon (Sharpe) being a massive part of what we’re doing, and how do we find ways to give them the support they need and maximize their development?” As Oram points out, there was no mention of guard Anfernee Simons there alongside his backcourt mates, which may be a hint that Portland doesn’t view Simons as part of the team’s young long-term core.
Serbian guard Nikola Topic, whom the Thunder selected 12th overall on Wednesday, said he has never been to Oklahoma and had no clue which team would draft him, writes Joel Lorenzi of The Oklahoman. Head of basketball operations Sam Presti said he doesn’t expect the 18-year-old to play in 2024/25 due to his partially torn ACL, but Topic will spend what could end up being a redshirt season around the team.

Rory Maher contributed to this post.

Wolves Trading Wendell Moore Jr. To Pistons In Pick Swap

June 27th, 2024 at 12:20pm CST by Arthur Hill

The Pistons will acquire shooting guard Wendell Moore Jr. and the 37th pick in today’s draft from the Timberwolves, according to Shams Charania of The Athletic (Twitter link). Minnesota will receive the 53rd selection in return.

The trade serves as a slight salary dump for the Wolves, who unload Moore’s $2.5MM contract for next season and will likely fill that roster spot with a minimum-salary player. Minnesota picked up the third-year option on Moore last October.

Moore, 22, was drafted by Dallas with the 26th pick in the 2022 draft and was shipped to Houston and then Minnesota in a pair of draft-day trades. He has seen limited playing time at the NBA level, appearing in 54 total games, including 25 this past season when he averaged just 3.0 minutes per night.

The Pistons will move up 16 spots in the second round, putting them in position to grab a player ranked higher on their board without sacrificing much of their projected cap room. They’re still on track to create over $60MM in room once the new league year begins.

Detroit will have until the end of October to decide whether or not to exercise the $4.57MM option on Moore’s contract for the 2025/26 season. Turning down that option would put him on track for unrestricted free agency next summer, while picking it up would set him up for possible restricted free agency in 2026.

This is the first reported deal on what is expected to be an active day of trading as the NBA draft has expanded to two days for the first time.

Trade/Draft Rumors: Kuzma, Kings, Kispert, Durant, Raptors, More

June 27th, 2024 at 7:42am CST by Luke Adams

Exploring a potential deal for Wizards forward Kyle Kuzma on Wednesday, the Kings discussed a framework that would have sent their No. 13 overall pick to Washington as part of the package and moved Sacramento down to No. 26, according to Jake Fischer of Yahoo Sports. If that deal had happened, the Wizards would’ve had a third lottery pick to go along with No. 2 and No. 14, but no agreement was reached and Washington ultimately traded up from No. 26 to No. 24 instead.

Still, after agreeing to trade Deni Avdija to Portland on Wednesday, it seems safe to assume the Wizards will continue to listen to inquiries on their veteran players, including Kuzma, Fischer writes. Fischer has also heard that fourth-year Washington sharpshooter Corey Kispert is generating trade interest from rival teams (Twitter link).

Here are a few more trade and draft rumors as we prepare for day two of the 2024 draft:

Just in case more confirmation was required after various reports – and team owner Mat Ishbia – stated that the Suns have no plans to trade Kevin Durant, general manager James Jones reiterated that message on Wednesday night, tweets Duane Rankin of The Arizona Republic. “It’s the stuff that gets clicks and that everyone wants to talk about, but I think I said it specifically back on May 19th when I was asked are we trading Kevin Durant,” Jones said. “I said no then, I’ll say no now. I’ll continue to get asked.”
According to Sam Vecenie of The Athletic, the Raptors are expected to receive significant interest in the No. 31 pick ahead of the resumption of the draft on Thursday, with presumed first-round picks like Johnny Furphy, Kyle Filipowski, and Tyler Kolek still on the board (those are also the top three remaining prospects on ESPN’s best-available list). Vecenie has Furphy penciled in at No. 31 in his mock draft of the second round, writing that most league sources expected the Kansas wing to be drafted in the top 23.
Former G League Ignite big man Tyler Smith is viewed as another prospect who could entice a team to trade for an early second-round pick, Fischer reports.
Elsewhere in his second-round mock, Vecenie says Spanish point guard Juan Nunez has been connected to the Timberwolves by league sources throughout the pre-draft process, while San Francisco forward/center Jonathan Mogbo has been frequently linked to the Knicks. Minnesota and New York currently control the 37th and 38th picks, respectively, with New York also picking at No. 51.

Timberwolves Acquire No. 8 Pick Rob Dillingham From Spurs

June 26th, 2024 at 11:17pm CST by Luke Adams

11:17pm: The deal is official, the Spurs announced in a press release.

8:04pm: The Spurs used the No. 8 pick in tonight’s draft on Kentucky guard Rob Dillingham, but he won’t begin his NBA career in San Antonio, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that the Timberwolves are acquiring Dillingham’s rights from the Spurs.

According to Wojnarowski (via Twitter), San Antonio is receiving Minnesota’s unprotected 2031 first-round pick and a 2030 pick swap in the deal. The ’30 swap will be top-one protected, tweets Shams Charania of The Athletic.

Neither of the Wolves’ 2024 picks (No. 27 and No. 37) are involved in the trade, confirms Jake Fischer of Yahoo Sports (Twitter link).

Minnesota’s ability to make roster moves this offseason will be extremely limited due to the fact that team salary will be above the second tax apron. That means the Wolves won’t be able to aggregate players in trades, take back more salary than they send out in trades, or sign outside free agents to contracts worth more than the minimum.

However, the second apron doesn’t prohibit them from acquiring a player’s draft rights, which don’t count as incoming salary for trade purposes as long as the player has not yet signed his rookie contract. That means they’ll be able to trade for Dillingham without sending out any players.

In his first and only college season with the Wildcats, Dillingham averaged 15.2 points, 3.9 assists, and 2.9 rebounds in 23.3 minutes per game, posting an impressive shooting line of .475/.444/.796

Despite the Wolves’ ongoing ownership dispute, it appears management has been given the go-ahead to keep adding pieces. The addition of Dillingham, who projects to earn about $6.28MM as a rookie, will increase the club’s projected tax bill to approximately $100MM, according to cap expert Yossi Gozlan (Twitter link). Bobby Marks of ESPN (Twitter link) estimates Minnesota’s projected tax bill at $84MM, but that number is fluid depending on how the club fills out its roster.

As for the Spurs, after adding Stephon Castle with the No. 4 pick, they clearly weren’t in love with any of the prospects available to them at No. 8, opting instead to continue adding to their stockpile of future draft picks by acquiring a pair of assets far down the road with little to no protection.

Clearing the $6.28MM cap hold for the No. 8 pick from their books will put the Spurs in position to create additional cap room this summer.

Nuggets Acquire No. 22 Pick DaRon Holmes

June 26th, 2024 at 11:05pm CST by Alex Kirschenbaum

11:05pm: The trade is official, the Suns announced in a press release, confirming the terms outlined below. Phoenix used the No. 28 pick to select Virginia’s Ryan Dunn.

Speaking on Wednesday night to reporters, Nuggets general manager Calvin Booth said the team views Holmes as a four (rather than a five) going forward, adding that the team didn’t necessarily make a promise to draft him but certainly targeted him (Twitter links via Vinny Benedetto of The Denver Gazette and Bennett Durando of The Denver Post).

“Once we got into the 20s and there was a chance to get him, we wanted to go get our guy, essentially,” Booth said.

The Knicks (initially at 24 and 25) and the Timberwolves (at 27) were considered teams that might be eyeing Holmes, compelling Denver to move up, according to Harrison Wind of DNVR Sports and Durando (Twitter links).

9:28pm: The Nuggets and Suns have agreed to a trade that will allow Denver to move up from No. 28 to No. 22 to select Dayton forward DaRon Holmes, reports Shams Charania of The Athletic (Twitter links).

According to Charania, in addition to the 28th pick, Phoenix is receiving the No. 56 pick in this draft and two future second-round picks from Denver. Those future second-rounders are the Nuggets’ own picks in 2026 and 2031, per Jake Fischer of Yahoo Sports (Twitter link).

The 6’10” forward was a three-time All-A10 honoree and a consensus All-American selection during his tenure with Dayton. During his final collegiate season in 2023/24, he averaged 20.4 points on .544/.386/.713 shooting splits, plus 8.5 rebounds, 2.6 assists, 2.1 blocks and 0.9 steals per night.

Last week, ESPN’s Jonathan Givony indicated that teams had been operating as if Denver had promised to select Holmes in the draft. Some recent reports denied that any promise had been made, but it certainly appears now that the 2023 champions had their eye on Holmes.

With the deal, the Suns are able to replenish their war chest of second-round picks after having traded so many away in deals over the last few seasons. As Bobby Marks of ESPN notes (via Twitter), Phoenix has increased its tally of future second-round selections from just two to five, including the No. 56 pick this year.

The Nuggets, weighed down by a pricey starting five, are clearly looking to add win-now young role player talent to their bench. Last season, they lost sixth man extraordinaire Bruce Brown in free agency. This year, the team is at risk of losing starting shooting guard Kentavious Caldwell-Pope, who has a $15.4MM player option for the 2024/25 season and could likely fetch a raise in free agency.

Luke Adams contributed to this report.

Looking To Retain Towns Despite Tax Issues

June 26th, 2024 at 12:30pm CST by Dana Gauruder

Timberwolves owner Glen Taylor made stability a priority regarding the franchise’s leadership positions while his ongoing dispute with prospective majority owners Marc Lore and Alex Rodriguez plays out, Jon Krawczynski of The Athletic reports. That resulted in head coach Chris Finch signing a four-year extension, though Lore and A-Rod were also in favor of extending Finch.

“They broke open the contract and redid it,” Finch said of the Timberwolves. “That doesn’t often happen and I’m extremely grateful for that.”

Will the Timberwolves make a blockbuster trade to alleviate some of their luxury tax issues? It doesn’t appear so, according to Zach Lowe of ESPN. Minnesota is looking to retain its most talked-about trade piece, Karl-Anthony Towns, who has been the subject of many rumors in recent years. His four-year max extension kicks in next season.
The Timberwolves hold the 27th and 37th picks in the draft and if history is a guide, they might trade one of those picks or acquire another one. Chris Hine of the Minneapolis Star Tribune notes that head of basketball operations Tim Connelly has made draft-night trades during each of the past two years.