New Orleans Pelicans Rumors | Hoops Rumors

Pelicans Sign Center Karlo Matkovic To Three-Year Deal

July 14th, 2024 at 7:27pm CST by Dana Gauruder

7:27pm: The signing is official, according to a press release from the Pelicans.

7:04pm: The Pelicans are signing 2022 second-round pick Karlo Matkovic to a three-year contract, Shams Charania of The Athletic tweets. The third year will be a team option, Will Guillory of The Athletic tweets.

While Charania pegs the value of the contract at $4.9MM, a three-year, minimum-salary deal for a rookie would be worth approximately $5.4MM, so it sounds like Matkovic is getting the minimum via the second-round exception.

Matkovic provides depth at center for a team that lost Jonas Valanciunas in free agency. He played 34 games for the Slovenian club Cedevita Olimpija Ljubljana last season, then joined the Birmingham Squadron. In 10 games with New Orleans’ G League squad, he averaged 17.3 points, 7.9 rebounds, 1.9 assists and 1.5 blocks in 31.3 minutes per contest.

Matkovic was selected 52nd overall in the 2022 NBA draft by the Pelicans and had remained overseas until his G League stint.

Matkovic, 23, had six points and six rebounds in 16 minutes in the Pelicans’ Summer League opener this weekend.

The low-cost signing will aid New Orleans regarding its luxury tax concerns, John Hollinger of The Athletic tweets. Matkovic will have a first-year salary of $1,157,153 in 2024/25.

Southwest Notes: Dudley, Lawson, Popovich, Hawkins

July 14th, 2024 at 2:58pm CST by Alex Kirschenbaum

Mavericks assistant coach Jared Dudley has made no secret of the fact that he’s hoping to one day serve as a head coach in the league, per Joey Mistretta of ClutchPoints (Twitter video link).

“I want to head coach, that’s my dream and ambition is to be able to do that,” Dudley said. “But at the same time as you can have that, some us aren’t J.J. Redick and get to go right away. I’ve got to be able to do two, three years, four or five years as an assistant. We all have different years, and my time will come later on. My time will eventually come.”

Redick, a one-time former Maverick, took over as the Lakers’ head coach this offseason without any assistant coach experience at the NBA or college level.

Dudley, a 14-year combo forward as a pro, has served as an assistant coach under Jason Kidd since the 2021/22 season. During that window, the Mavericks have appeared in a pair of Western Conference Finals and one NBA Finals. Currently, Dudley is the head coach of the Mavs’ Summer League squad.

There’s more out of the Southwest:

High-flying Mavericks wing A.J. Lawson is looking to show he belongs in the league as a regular rotation player, writes Eddie Sefko of Mavericks.com. Though he’s now on a standard contract, Lawson is still trying to prove his mettle on the club’s Summer League team. “The emphasis for me is definitely going to be defending,” Lawson said of his focus this summer. “I want to show I can defend one through four (point guards to power forwards). And also to be able to knock down the open shot. Everybody knows I got speed.”
Longtime Spurs head coach Gregg Popovich discussed San Antonio’s offseason roster additions Chris Paul and Harrison Barnes in a courtside conversation with ESPN’s Doris Burke and Mark Jones (YouTube video link). “I think [Paul’s] going to teach everybody a whole lot better than I did,” Popovich said. “Having he and Harrison come into the fold at this stage in their career is really wonderful for the youth that we have.” Popovich also raved about No. 4 draft pick Stephon Castle: “I love his seriousness for such a young kid. I love his pace – you see his expression never changes – he doesn’t go too fast, doesn’t go too slow. He reads the situations. The more minutes he gets, the better he is going to be. He seeks contact, he is an excellent defender and he makes wonderful decisions.”
Second-year Pelicans shooting guard Jordan Hawkins, the No. 14 pick out of UConn in 2023, knows exactly where he wants to improve his game this offseason, writes Christian Clark of NOLA.com. “Definitely the defensive end,” Hawkins said. “I think that’s what held me back a little bit. Not being able to guard. So I think my big focus is going to be on guarding. Trying to guard wings. Trying to get bigger. Shooting. Being a 40% three-point shooter for our team. We have guys who can penetrate, get to the hoop. I just have to be able to knock shots down.”

Jamal Cain Signs Two-Way Deal With Pelicans

July 13th, 2024 at 7:00am CST by Tristan Tucker

JULY 13: The Pelicans have officially signed Cain, per the transaction log at NBA.com.

JULY 12: Free agent wing Jamal Cain has agreed to a two-way deal with the Pelicans, Adrian Wojanrowski of ESPN reports (Twitter link).

Cain, 25, spent the first two seasons of his career with the Heat. He appeared in 44 games with the Heat from 2022-24, averaging 4.4 points and 2.0 rebounds per contest.

The 6’6″ guard/forward has impressed in limited stints with Miami, averaging 8.0 points and 5.3 boards in a three-game win streak in 2022/23 as well as recording 18 points and six rebounds in a win over the Warriors in ’23/24.

Cain played the first four seasons of his collegiate career for Marquette before transferring to Oakland. After going undrafted in 2022, he joined the Heat and earned a two-way contract.

While he played sparingly for the Heat in the regular season, he saw much more playing time in Summer League, preseason and the G League in Miami’s system. He averaged 10.9 PPG across nine games in two seasons with Miami in preseason games and then averaged 21.6 PPG, 9.3 RPG and 1.6 SPG on .540/.372/.815 shooting splits in two years with the Skyforce.

Cain angled for a standard contract last offseason but ultimately didn’t receive one before re-upping with Miami on a two-way deal. Due to the Heat’s roster crunch with their young two-way players, Cain didn’t receive a promotion from his two-way deal over the two seasons he spent in the organization. After the Heat filled out all three of their two-way spots early in free agency and then filled out their regular roster, it was clear Cain wouldn’t be returning.

Now, the Pelicans land a productive wing who spent two years in Miami’s successful development program. As our two-way contract tracker for 2024/25 shows, the Pelicans only have one such spot filled — with Malcolm Hill occupying a spot. For what it’s worth, No. 47 overall pick Antonio Reeves hasn’t signed his rookie contract with the Pelicans, so it’s possible he will fill one of those two open spots alongside Cain.

Former Cavs Assistant Joining Green's Staff

July 12th, 2024 at 10:48pm CST by Dana Gauruder

Dan Geriot is joining the Pelicans as an assistant coach under Willie Green, ESPN’s Tim Bontemps tweets. Geriot spent the past nine years with the Cavaliers. New Orleans’ interest in Geriot was reported earlier this week.

Pelicans wing Trey Murphy, who is participating this summer with the Select Team, said that if Zion Williamson can stay healthy, New Orleans will be a serious contender. “You get to see what a generational talent looks like with a healthy team. That’s the biggest thing. We’ve got to be healthy,” Murphy told Michael Scotto of HoopsHype. “That’s always been our thing for my entire time in New Orleans. If we have a healthy team, I think we can make a deep run.”

Groups Revealed For 2024 NBA Cup

July 12th, 2024 at 7:28pm CST by Tristan Tucker

The NBA has announced the five-team groups for this year’s in-season tournament, now renamed the Emirates NBA Cup, the league announced in a release on Friday (Twitter link).

Like last year, there are six groups — three each from the Western Conference and Eastern Conference — and each conference was split into five groups based on last year’s standings. One team was selected at random from each group to determine the group round matchups.

The results are:

West Group A: Timberwolves, Clippers, Kings, Rockets and Trail Blazers
West Group B: Thunder, Suns, Lakers, Jazz and Spurs
West Group C: Nuggets, Mavericks, Pelicans, Warriors and Grizzlies
East Group A: Knicks, Magic, Sixers, Nets and Hornets
East Group B: Bucks, Pacers, Heat, Raptors and Pistons
East Group C: Celtics, Cavaliers, Bulls, Hawks and Wizards

The NBA Cup begins with group play, which runs from Nov. 12 to Dec. 3. Each team plays one game against each of the four opponents in its group. The NBA released a matchup matrix to help fans follow along (Twitter link).

Just like last season, the winner of each group advances to a knockout round alongside the team with the best record in each conference that didn’t win a group. The semifinals and finals will again be played in T-Mobile Arena in Las Vegas.

Last year, the Lakers won the inaugural in-season tournament over the Pacers. LeBron James was named the tournament MVP after dropping 24 points in the title game.

The full game and broadcast schedule for group play will be announced next month.

Stein’s Latest: Ingram, Lakers, Fournier, Hawks

July 11th, 2024 at 10:54pm CST by Alex Kirschenbaum

Pelicans star forward Brandon Ingram has been one of the most frequently-floated names in trade discussions this summer.

According to Marc Stein at Substack, Ingram’s performance in the 2024 playoffs against the Thunder is among the factors that have given New Orleans’ potential trade partners pause. Stein also indicates that Ingram is seeking a four-year, $208MM contract extension on his current expiring deal.

League sources tell Stein that Ingram’s management is striving to help the Pelicans find a willing trade partner. As Stein writes, having the former All-Star play out his current expiring contract with the Pelicans and become an unrestricted free agent next summer likely isn’t the preferred outcome for either the player or team.

Here are more rumors from Stein:

The Lakers are looking to create some additional cap flexibility in order to make use of their $5.2MM taxpayer mid-level exception. The team is currently right at the second tax apron, prohibiting L.A. from signing an outside free agent for more than the minimum. If the Lakers can shed some salary, free agent sharpshooter Gary Trent Jr. could be among the targets that make sense, Stein notes. The club currently has a full 15-man roster, so any cost-cutting move intended to make room for a free agent would also need to open up a roster spot.
Sources inform Stein that the rebuilding Wizards have registered interest in free agent wing Evan Fournier, who could be a mentor to recent lottery picks and fellow Frenchmen Alex Sarr and Bilal Coulibaly.
While starting center Clint Capela has been on the trade block for more than a year, new Hawks big man Larry Nance Jr. – added via the Dejounte Murray trade earlier this summer – is drawing more trade interest from rival teams, Stein writes. According to Stein, multiple clubs in need of more size have expressed interest in Nance.

Murray Plans To Push Zion

July 11th, 2024 at 9:16am CST by Dana Gauruder

The Pelicans’ success next season will likely hinge on the partnership between newly acquired Dejounte Murray and incumbent franchise player Zion Williamson. Murray wants to make Williamson an ever bigger threat, according to Brett Martel of The Associated Press.

“I told him I’m going to push him,” said Murray, who was officially dealt to the Pelicans over the weekend. “If I see something I think he can be better at, if he sees something to me, we’re going to be open to that. … I’m excited to push him to the next level because there are a bunch of levels he can reach.”

Murray’s name was prominent in the rumor mill prior to last season’s trade deadline. He made it known through his agent, Klutch Sports CEO Rich Paul, that the Pelicans appealed to him.

“One of the things Rich said to us was, ‘You really need to go try to get Dejounte Murray,'” said Pelicans executive VP David Griffin, per Christian Clark of the New Orleans Times-Picayune. “We sort of laughed. We said, ‘We tried to do that at the trade deadline. We weren’t able to make something happen that made sense for both sides.’ But when he shared for us the excitement Dejounte had for our situation, it was really an eye-opening thing. It was meaningful to us.”

Cavs Notes: Wade, Hendry, Geriot, Travers, Okoro

July 10th, 2024 at 1:44pm CST by Luke Adams

Dean Wade missed the last 19 games of the Cavaliers‘ regular season and was only able to suit up for three of the team’s 12 playoff contests due to a right knee sprain. However, according to Chris Fedor of Cleveland.com (Twitter link), Wade is no longer experiencing any pain in that knee.

As Fedor details, the veteran forward took a few weeks off after the Cavs were eliminated from the postseason and then resumed working out in mid-June. He has been conducting full-court workouts in recent weeks with no issues, Fedor adds.

Here’s more out of Cleveland:

Trevor Hendry, who worked under Kenny Atkinson for three years in Brooklyn, is joining Atkinson’s new staff in Cleveland as an assistant coach, league sources tell Michael Scotto of HoopsHype (Twitter link). Hendry was Brooklyn’s head video coordinator during Atkinson’s tenure but was later promoted to an assistant coaching role under Jacque Vaughn.
The Cavaliers are still working through various coaching staff changes, according to Fedor, who tweets that veteran assistant Dan Geriot likely won’t remain with the team. The former head coach of Cleveland’s G League team, Geriot has been a Cavs assistant for several years, but appears likely to join the Pelicans in a front-of-the-bench role, says Fedor.
Luke Travers, the 56th overall pick in the 2022 draft, will be with the Cavaliers for a third straight Summer League in Las Vegas. A 22-year-old guard/forward, Travers remains under contract with Melbourne in Australia’s National Basketball League, but has an NBA out in that deal and would be interested in making the move to Cleveland if the opportunity arises, Fedor writes for Cleveland.com. “ASAP,” Travers said of his timeline for making the move to the NBA. “You’re trying to get there as soon as possible, and you don’t want to wait around and stuff. I’ve just been trying to put in the work. … It’s all been positive talks (with the Cavaliers). They’re always trying to help me in any way they can and give me a little feedback here and there.”
Sources tell Fedor that a spot on the Cavaliers’ roster for 2024/25 is unlikely for Travers, though there’s some curiosity within the organization about how he’d look in Atkinson’s system. The Cavs continue to negotiate with restricted free agent forward Isaac Okoro and are operating under the assumption that they’ll have just one roster spot left to fill if Okoro returns, Fedor explains. Cleveland currently has just 12 players on standard contracts, so that suggests the team doesn’t plan to immediately fill its 15th spot.

Contract Details: Quickley, Barnes, Batum, Jones, CP3, Oubre, More

July 10th, 2024 at 7:15am CST by Luke Adams

Initially reported to be worth $175MM over five years, Immanuel Quickley‘s new contract with the Raptors actually has a base value of $162.5MM, according to Blake Murphy of Sportsnet (Twitter link). It also features $12.5MM in unlikely incentives – $2.5MM per year – that would allow the guard to max out at $175MM if he earns all of them. But for now the cap hits for Quickley will be $32.5MM annually.

Meanwhile, the “Rose rule” language in Scottie Barnes‘ new five-year, maximum-salary extension with the Raptors is fairly straightforward, Murphy notes (Twitter link). Barnes will have a starting salary worth 30% of the 2025/26 salary cap if he makes any All-NBA team – first, second, or third – next season, or if he wins MVP or Defensive Player of the Year. If he doesn’t earn any of those honors, his starting salary will be 25% of the ’25/26 cap, with 8% annual raises from there.

Based on the NBA’s latest salary cap projection, Barnes’ five-year extension would be worth $224,238,150 if it starts at 25% next year’s cap, or $269,085,780 if it starts at 30%.

Here are more details on a few of the contracts recently finalized around the NBA:

Nicolas Batum (15%) and Derrick Jones (5%) each received trade kickers on their new contracts with the Clippers, Hoops Rumors has learned. Batum’s deal is worth the full bi-annual exception ($9,569,400 over two years) with a second-year player option, while Jones’ three-year, $30MM deal was completed using a significant portion ($9,523,810) of the mid-level exception. Los Angeles still has $3,298,190 left on its MLE for now.
Chris Paul‘s one-year contract with the Spurs has a guaranteed base value of $10.46MM, with unlikely incentives that could push his total earnings as high as about $12.03MM, tweets Michael Scotto of HoopsHype. That structure allowed San Antonio to create the extra cap room necessary to accommodate Harrison Barnes‘ incoming salary while also putting Paul in position to earn more his initially reported salary of $11MM.
Kelly Oubre, whose two-year, $16,365,150 contract is worth the Sixers‘ entire room exception (and features a player option), waived his right to veto a trade in 2024/25, tweets Keith Smith of Spotrac. Kings center Alex Len gave up that right as well on his one-year, minimum-salary contract, Hoops Rumors has learned.
As expected, the contracts signed by new Kings guard Jordan McLaughlin and new Pelicans center Daniel Theis are one-year deals worth the veteran’s minimum.

Southwest Notes: Ingram, Grizzlies, Barnes, Spurs

July 8th, 2024 at 5:17pm CST by Luke Adams

The Hawks were considered a possible trade suitor for Brandon Ingram this offseason, but they ended up not having much interest in giving the forward his next contract or surrendering either Clint Capela or Onyeka Okongwu in a trade with the Pelicans, league sources tell William Guillory of The Athletic.

As a result, the Pelicans and Hawks instead made a deal involving Dejounte Murray that didn’t include Ingram or either of Atlanta’ centers. Now it’s unclear whether New Orleans will be able to find a trade partner for Ingram, who will be on an expiring contract in 2024/25.

According to Guillory, both the Pelicans and Ingram would prefer not to go into training camp without an extension, since it may become a distraction. That could mean New Orleans will be looking to complete a trade by late September, but it also doesn’t sound like a new contract for the former All-Star is out of the question. Guillory cites “some optimism within the building” that Ingram and the Pelicans could work out an extension below the max that leaves both sides happy.

Here’s more from around the Southwest:

The Grizzlies have officially announced Taylor Jenkins‘ new-look coaching staff for the 2024/25 season (Twitter link). Anthony Carter and Patrick St. Andrews are the only returning assistants, though one newcomer (Jason March) had been coaching the Memphis Hustle, while another (Erik Schmidt) was the Grizzlies’ head video coordinator. Joe Boylan (formerly of the Timberwolves), Patrick Mutombo (from the Bucks), Tuomas Iisalo (Paris Basketball), and Noah LaRoche are the other additions. Former assistants Blake Ahearn, Brad Jones, Scoonie Penn, Sonia Raman, and Vitaly Potapenko have all been replaced, writes Damichael Cole of The Memphis Commercial Appeal.
LJ Ellis of SpursTalk shares his thoughts on the Spurs‘ impending acquisition of Harrison Barnes, explains why he likes the fit and why he expects the veteran forward to be a starter in San Antonio. As Ellis notes, more minor roster moves will be necessary to open up enough cap room to accommodate Barnes’ incoming salary, so he’s reluctant to give his final assessment of the deal until it’s clear what those moves will be.
As Mike Finger of The San Antonio Express-News points out (via Twitter), the Spurs wouldn’t have been in position to add both Barnes and Chris Paul if they had kept the No. 8 overall pick in the draft, which carried a cap hit of $6.26MM.