Pelicans Rumors

Pelicans Sign Didi Louzada To Four-Year Contract

AUGUST 13: The Pelicans have officially re-signed Louzada, per NBA.com’s transactions log.


AUGUST 3: The Pelicans have agreed to a new four-year contract with swingman Didi Louzada, according to ESPN’s Adrian Wojnarowski (Twitter link).

New Orleans had been hoping to keep Louzada after declining his $1.5MM team option for 2021-22 last weekend. By declining the option and re-signing him on a new deal, the team now has the ability to keep him for years to come.

Louzada, 22, was the No. 35 pick in 2019. He signed with New Orleans toward the end of last season after spending two years overseas, appearing in three games.

The Pelicans finished the 2020/21 season with a 31-41 record — the 11th best in the Western Conference. The franchise parted ways with head coach Stan Van Gundy at the end of the campaign, hiring former NBA guard Willie Green in his place.

Young, Satoransky, Brunson Receive Salary Guarantees

Bulls forward Thaddeus Young ($14.2MM) and guard Tomas Satoransky ($10MM) both saw their contracts for next season become fully guaranteed on Monday, tweets Bobby Marks of ESPN. Satoransky is reportedly on the way to the Pelicans as part of a sign-and-trade involving Lonzo Ball.

Also having his salary guaranteed Monday was Mavericks guard Jalen Brunson ($1.8MM), Marks adds (via Twitter). Marks identifies Brunson as a potential extension candidate.

All three players will be in line for unrestricted free agency next summer.

Free Agency Rumors: Oubre, Mills, Dinwiddie, Carmelo, More

Free agent swingman Kelly Oubre received interest from the Heat after free agency began, but didn’t set a meeting with Miami because he is hoping to net a contract “well above” the mid-level exception, according to Barry Jackson of the Miami Herald (via Twitter).

Now that Miami has committed to using most of its mid-level exception on P.J. Tucker, Oubre is almost certainly off the table for the Heat, even if his asking price drops.

Here are more free agency rumors from around the NBA world:

  • Free agent sharpshooting combo guard Patty Mills has received interest from the Lakers and Nets, per Marc Stein of Substack (via Twitter). Anthony Slater of The Athletic adds (Twitter link) that the Warriors could also pursue Mills and posits that he may fetch a deal that within range of the taxpayer mid-level. Jordan Schultz of ESPN tweets that the Nets are apparently a distant third in the sweepstakes to sign Mills.
  • Jordan Schultz of ESPN reports (Twitter link) that free agent point guard Spencer Dinwiddie appears unlikely to sign with the Mavericks.
  • 37-year-old free agent forward Carmelo Anthony continues to weigh interest from the Lakers and Knicks, according to Marc Stein (Twitter link).
  • Before Alex Caruso finalized his four-year agreement with the Bulls, Caruso’s camp checked back in with the Lakers and was told L.A. wouldn’t be putting a counter-offer on the table, a source with knowledge of the situation tells Sam Amick of The Athletic.
  • Newly re-signed Nuggets reserve power forward JaMychal Green fielded richer offers in free agency than the two-year, $17MM contract he ultimately signed to remain in Denver, according to Mike Singer of the Denver Post. Singer says the Pelicans, Timberwolves, and Spurs were the other teams most interested in Green.

Luke Adams contributed to this report.

Pelicans To Acquire Devonte’ Graham Via Sign-And-Trade

The Pelicans are acquiring restricted free agent point guard Devonte’ Graham in a sign-and-trade deal with the Hornets, reports Shams Charania of The Athletic (Twitter link). Graham will be signing a four-year, $47MM contract with New Orleans, his agents Ty Sullivan and Austin Brown tell Adrian Wojnarowski of ESPN (Twitter link).

According to Charania, Charlotte is getting a first-round pick back in the deal. Wojnarowski reports (via Twitter) that it’ll be the Pelicans’ own 2022 first-rounder, with top-14 protection.

Having approached free agency hoping to land a top-tier point guard such as Chris Paul or Kyle Lowry, the Pelicans were forced to pivot as those All-Stars committed to other teams. Instead, the team will end up with Tomas Satoransky (via the Lonzo Ball sign-and-trade with Chicago) and Graham, who emerged as a reliable start during the last two years in Charlotte.

Graham isn’t an especially efficient scorer, having made just 37.7% of his field goal attempts in 2020/21. However, that’s primarily a result of his struggles scoring inside the arc — 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.

Moving on from Graham shouldn’t be a major blow to the Hornets, since they still have a solid backcourt that features LaMelo Ball, Terry Rozier, and lottery pick James Bouknight. Charlotte could also now have an extra pick in the first round of the 2022 draft, and with Graham no longer on the books, the club will create a little extra cap flexibility in both the short- and long-term.

Free Agency Rumors: Bulls, Galloway, Bullock, Caruso, Dinwiddie, Theis

The Bulls appear to be aware that they need to upgrade their playmaking. Brian Windhorst of ESPN reports (Twitter video link) that Chicago could be looking to add Pelicans guard Lonzo Ball and Spurs guard DeMar DeRozan to their roster.

Windhorst notes that the Bulls may be able to extract Ball from the Pelicans in a sign-and-trade deal, provided the Pelicans can add a point guard replacement for Ball either in the trade or elsewhere. The notion of DeRozan joining the Chicago backcourt as well is intriguing. “From what I am told, [the Bulls] are also interested in DeMar DeRozan, and are interested in pulling off a possible double sign-and-trade where they would send [Chicago’s restricted free agent power forward] Lauri Markkanen to San Antonio,” Windhorst said in an ESPN segment.

Here are more free agency rumors from around the NBA, with the official start of the signing season just moments away:

  • After averaging a career-low 4.8 PPG in a career-low 40 games as essentially a part-time player for the eventual 2021 championship runner-up Suns, Langston Galloway appears ready to move on. “I was on a team that made it to the finals, but my biggest thing is getting an opportunity to play,” Galloway told Michael Scotto of HoopsHype. “Being on a team like that, I learned a lot, and all I need is someone that’s going to believe in me. That’s going to go a long way, and it’s going to pay dividends for whatever team I get the chance to play for next year.”
  • Free agent Knicks shooting guard Reggie Bullock may have suitors offering him new deals in the range of a three-year mid-level contract, tweets Marc Berman of the New York Post. The Knicks still hope to bring Bullock back. Berman adds that the Knicks are also rumored to have interest in free agent shooting guard Evan Fournier, and if they were to add him and Bullock, the incumbent Bullock would be demoted to the New York bench.
  • Unrestricted free agent Lakers reserve point guard Alex Caruso will speak with several clubs and is intent on picking a free agent destination expediently, writes Marks Medina of USA Today (Twitter link). Medina writes that the Lakers, who hold Caruso’s Bird rights, could look to retain him, especially since he could provide their suddenly top-heavy roster with some much-needed shooting and defense in the backcourt.
  • Nets point guard Spencer Dinwiddie apparently will decide between the Pelicans, Knicks and Wizards, though the Celtics could also a candidate, reports Jordan Schultz of ESPN (Twitter link). Sources inform Schultz that the Pelicans at least are prepared to offer Dinwiddie a long-term deal that could pay $20MM or more annually. Shams Charania reports (Twitter video link) that Dinwiddie will meet with the Wizards at the start of free agency. “They have made him an ultimate target early in this free agency process,” Charania said.
  • Free agent Bulls center/power forward Daniel Theis could be a target for several clubs looking for a big man upgrade, writes Michael Scotto of HoopsHype. Scotto lists teams like the Rockets, Spurs, Raptors, Pistons and the playoff-contending Heat as candidates for Theis this summer.

Trade Rumors: Simmons, Baynes, Lakers, Cash

David Aldridge of The Athletic is the latest reporter to confirm that the Sixers‘ asking price for Ben Simmons remains “sky high.” According to Aldridge, the 76ers are seeking a minimum of two future first-round picks, two first-round pick swaps, and an All-Star level player in most of their discussions about Simmons. A handful of other reports within the last week have passed along details on what kind of packages Philadelphia sought from Toronto, San Antonio, and Golden State for Simmons.

Here are a few more trade rumors from around the NBA, with free agency about to begin:

  • The Raptors are exploring the trade market for center Aron Baynes, reports Michael Scotto of HoopsHype. Baynes has a non-guaranteed $7.35MM salary for 2021/22 and seems unlikely to return to Toronto. If the team doesn’t find a taker on the trade market, he’s a candidate to be released.
  • In an in-depth look at how the Lakers‘ acquisition of Russell Westbrook came about, ESPN’s Ramona Shelburne shares several fascinating tidbits, including the fact that Westbrook called Kawhi Leonard in 2019 to talk about playing together in Los Angeles. According to Shelburne, the Lakers had been prepared to move forward on a Buddy Hield acquisition before the opportunity to land Westbrook arose.
  • Within his recap of last week’s draft activity, John Hollinger of The Athletic provides a housekeeping notes on trades, writing that the Trail Blazers sent $2MM in cash to the Pelicans as part of their trade for the No. 43 pick, while the Thunder sent $2MM in cash to the Jazz in the Derrick Favors trade.

Fischer’s Latest: Bulls, Ball, Pelicans, Hornets, Lakers, Schröder, Knicks, More

While it’s possible the Bulls will sign restricted free agent point guard Lonzo Ball to an offer sheet in the four-year, $80MM range, doing so would be a risk, since the Pelicans could match that offer and leave Chicago empty-handed. According to Jake Fischer of Bleacher Report, a possible three-team deal involving the Bulls, Pelicans, and Hornets could eliminate that risk and ensure Ball lands in Chicago.

The structure – which John Hollinger of The Athletic alluded to earlier today and which has seemingly gained traction, per Fischer – would see Ball going to the Bulls, Devonte’ Graham to the Pelicans, and Tomas Satoransky, Josh Hart, and draft assets to the Hornets.

Fischer cautions that this is only one idea in play and that things should become clearer once free agency opens. A sign-and-trade that only involves the Bulls and Pelicans – with Satoransky going to New Orleans – is also a possibility, he adds.

Here’s more from Fischer’s latest rumor roundup:

  • The Lakers haven’t given up on the possibility of acquiring Buddy Hield from the Kings, but they don’t appear to be working closely with Dennis Schröder‘s camp on a possible sign-and-trade arrangement, per Fischer.
  • The Knicks and Wizards are still considered possibilities for Schröder, according to Fischer. The veteran point guard is also believed to be one of the Bulls‘ targets if they can’t land Ball, Fischer notes, writing that Chicago has done its homework on DeMar DeRozan and Richaun Holmes as well.
  • The Knicks are widely believed to be a frontrunner to sign Evan Fournier, perhaps for a three-year deal worth about $18MM annually, Fischer reports. Alec Burks and Nerlens Noel are also strong candidates to re-sign with New York for deals worth about $10MM per year, Fischer adds.
  • Will Barton appears likely to return to the Nuggets, according to Fischer, who says a two-year, $32MM+ contract is a real possibility.
  • Cameron Payne is considered a good bet to re-sign with the Suns for a deal in the $6MM-per-year range, says Fischer.

Free Agent Rumors: Lowry, DeRozan, Knicks, Graham, Jackson, More

Now considered to be favorites to land Kyle Lowry in free agency, the Heat may try to bring in DeMar DeRozan as well, tweets Jordan Schultz of ESPN, confirming a series of reports from the last 24 hours.

Lowry and DeRozan were backcourt partners in Toronto for many years and have remained close friends. Miami is looking at a sign-and-trade as the best way to add Lowry, and is hoping that DeRozan might be available for the mid-level exception. That represents a big pay cut, but sources tell Schultz he might be interested if it means a chance to play alongside Lowry again.

If DeRozan turns down the MLE, the Heat will focus on finding a stretch four, says Barry Jackson of The Miami Herald (Twitter link). There is support among the front office for Jeff Green, according to Jackson, who mentions Bobby Portis, Rudy Gay and Otto Porter as other options.

Meanwhile, Goran Dragic is expected to be part of a sign-and-trade with Toronto for Lowry, but the Raptors are unlikely to keep him. The Mavericks will be among the teams with interest in Dragic, according to Jackson (Twitter link).

Miami would also like to bring back reserve center Dewayne Dedmon, but he may get better offers, says Jackson (Twitter link). The Heat, who only hold Non-Bird rights on Dedmon, may have to offer part of their $3.6MM biannual exception to be competitive.

There’s more as the start of free agency draws closer:

  • The Knicks have some mutual interest with DeRozan, as well as Celtics shooting guard Evan Fournier, writes Ian Begley of SNY.tv. Begley also hears that Bulls guard Tomas Satoransky would be part of the potential return in a sign-and-trade if Chicago lands Pelicans RFA Lonzo Ball, while rival teams expect Duncan Robinson to re-sign with the Heat.
  • While he isn’t necessarily their Plan A or B, Cameron Payne is one of the free agent point guards on the Knicks‘ radar, writes Marc Berman of The New York Post. New York has considered a Payne/Derrick Rose tandem at point guard for next season, Berman adds.
  • The Thunder are seen by rival executives as a possible suitor for Hornets guard Devonte’ Graham, tweets Chris Haynes of Yahoo Sports. Graham is a restricted free agent, so Charlotte can match any offer, but Oklahoma City has the cap flexibility necessary to put pressure on the Hornets.
  • The Pelicans, Knicks, Celtics, and Nuggets are among the teams expected to express interest in point guard Reggie Jackson, per Sam Amick of The Athletic (Twitter link).
  • EuroLeague standout Tyler Dorsey, who previously played for Atlanta and Memphis, is positioned for a return to the NBA and is drawing interest from several teams, tweets ESPN’s Adrian Wojnarowski.

Luke Adams contributed to this post.

Mannix’s Latest: Smart, Ball, Blazers, Simmons, Oladipo, Z. Collins

Celtics guard Marcus Smart is extension-eligible this offseason, but president of basketball operations Brad Stevens – who has coached Smart for the last several seasons – has been frustrated by his “unpredictable play,” sources tell Chris Mannix of SI.com.

Two people familiar with the Celtics’ thinking tell Mannix that Smart appears more likely to be traded than extended before the start of the 2021/22 season. When Boston shopped Smart last season, the team sought multiple first-round picks, but one Eastern Conference executive who spoke to Mannix suggests the guard’s value is more along the lines of one first-rounder and possibly a rotational player.

Here’s more from Mannix:

  • Although re-signing Lonzo Ball doesn’t seem to be the Pelicans‘ top priority in free agency, several rival executives expect New Orleans to match any offer Ball receives if the club strikes out on its top free agent point guard targets, writes Mannix. That would allow the Pels to avoid losing Ball for nothing and would create the option of trading him down the road.
  • The Trail Blazers haven’t given any indications at this point that they intend to deal Damian Lillard or CJ McCollum, according to Mannix, who says forward Nicolas Batum is among the free agents on Portland’s radar.
  • The Sixers‘ asking price for Ben Simmons remains high. “Forget a Harden haul,” one exec in contact with the 76ers said to Mannix. “They want what Boston got for KG and Pierce.”
  • Mannix adds the Mavericks to the list of teams that are expected to show interest in point guard Dennis Schröder.
  • Teams are “increasingly wary” of Victor Oladipo‘s long-term health and multiple executives believe the two-time All-Star may go unsigned for a few months while he gets healthy following his latest quad tendon surgery, says Mannix.
  • Mannix believes the Thunder could be in the mix for Zach Collins, observing that the big man is the kind of low-risk/high-reward player that Sam Presti loves.

Hollinger’s Latest: CP3, Knicks, Fournier, Bulls, Rose, Pacers, More

There was talk last week that the Pelicans would be a serious suitor for Chris Paul in free agency, but that chatter seems to have faded, according to John Hollinger of The Athletic, who says the veteran point guard is now widely expected to re-sign with the Suns.

As Hollinger explains, he heard the Suns’ initial offer to Paul when the two sides were discussing a possible extension was somewhat “underwhelming,” but the club now appears prepared to offer a more serious package. No one around the league will be surprised if the total value of Paul’s new deal gets up to $100MM or more, Hollinger adds.

Here are several more free agent rumors from Hollinger:

  • Amidst rumors that Evan Fournier‘s price tag may be too high for the Celtics‘ liking, Hollinger suggests that the Knicks may be the team preparing to make an aggressive offer to the free agent wing. Hollinger adds that it’s worth keeping an eye on Mitchell Robinson and the Knicks, since a renegotiate-and-extend deal is a possibility for the two sides. That sort of agreement would give Robinson a raise for 2021/22 and lock him up for multiple seasons.
  • If the Bulls don’t land Lonzo Ball, one of their backup plans may be offering Derrick Rose a deal in the neighborhood of $12MM per year, says Hollinger.
  • Hollinger’s sources expect T.J. McConnell to stick with the Pacers for a deal worth around – or slightly above – the taxpayer mid-level exception ($5.9MM), but the competition for Doug McDermott will be fiercer and Indiana will face tax issues if the team wants to re-sign both players without trimming salary elsewhere.
  • If Richaun Holmes‘ presumed suitors – such as Charlotte and Toronto – end up using their cap room in other ways, he might be squeezed in free agency, allowing the Kings to re-sign him despite only holding his Early Bird rights. If that scenario plays out, Hollinger expects Holmes to sign a two-year deal with a player option so that he can hit the open market again in 2022 with full Bird rights.
  • There hasn’t been much free agent chatter surrounding Nuggets guard Will Barton or Trail Blazers Norman Powell, according to Hollinger, who writes that teams seems to be assuming those two players will remain with their respective clubs.
  • It has been tricky to figure out what the Spurs plan to do with their projected cap room, says Hollinger. Daniel Theis is the most prominent free agent target Hollinger has heard linked to San Antonio.