New Orleans Pelicans Rumors | Hoops Rumors

Pelicans Sign Jarrod Uthoff To Non-Guaranteed Deal

November 30th, 2020 at 12:57pm CST by Luke Adams

DECEMBER 2: The Pelicans have officially signed Uthoff, according to RealGM’s transactions log.

NOVEMBER 30: The Pelicans are signing free agent forward Jarrod Uthoff to one-year contract, reports Will Guillory of The Athletic (Twitter link). The minimum-salary deal will be non-guaranteed, Guillory adds.

Uthoff, 27, has played for a handful of teams in the NBA and the G League since going undrafted in 2016, as well as spending a stint in Russia in 2018/19. Last season, he signed a 10-day contract with the Grizzlies in February and then joined the Wizards as a substitute player during the summer restart.

Although Uthoff only got into seven NBA games in 2019/20, he had a big year in the G League, averaging 19.0 PPG, 10.7 RPG, and 3.1 APG with a shooting line of .491/.367/.790 in 34 games (34.9 MPG) for the Memphis Hustle. He was named to the All-NBAGL First Team.

Uthoff is probably unlikely to make the Pelicans’ regular season roster, but the team doesn’t have a full 15-man squad of guaranteed salaries, so the door’s not entirely closed if he impresses during the preseason.

New Orleans has also officially announced its previously–reported deals with free agents Willy Hernangomez and Wenyen Gabriel.

Pelicans Sign Kira Lewis Jr. To Rookie Contract

November 30th, 2020 at 12:26pm CST by Luke Adams

The Pelicans have officially signed first-round pick Kira Lewis Jr. to his rookie contract, the team announced today in a press release.

A sophomore at Alabama in 2019/20, Lewis averaged a team-high 18.5 PPG to go along with 5.2 APG, 4.8 RPG, and 1.8 SPG in 31 games (37.6 MPG). After leaving the Crimson Tide to enter the draft pool, Lewis became a lottery pick, going 13th overall to New Orleans.

Lewis will join a solid group of Pelicans point guards that also includes Eric Bledsoe and Lonzo Ball. As the No. 13 pick, he’ll be in line for a four-year contract worth over $17MM, including a first-year salary of $3.64MM.

Nineteen of the 30 players drafted in the first round on November 18 have now signed their rookie contracts, as our tracker shows.

Pelicans Re-Sign Brandon Ingram To Five-Year Max Contract

November 30th, 2020 at 11:03am CST by Luke Adams

NOVEMBER 30: Ingram has officially signed his new max contract with the Pelicans, the team announced today (via Twitter).

NOVEMBER 24: The top restricted free agent of 2020 is officially off the board, as the Pelicans and forward Brandon Ingram have reached an agreement on a five-year, maximum-salary contract, agents Jeff Schwartz and Jordan Gertler tell ESPN’s Adrian Wojnarowski (Twitter link). The deal will be worth $158.25MM over five seasons.

Ingram, who was ranked No. 2 on our list of 2020’s top free agents, figures to sign the biggest free agent contract of the ’20 offseason, unless Anthony Davis opts for a long-term deal with the Lakers.

After being traded from Los Angeles to New Orleans as part of the package for Davis in 2019, Ingram – who was coming off a blood clot issue that prematurely ended his 2018/19 season – turned down a “more modest” extension offer from the Pelicans, per Wojnarowski (Twitter link).

Ingram’s bet on himself paid off in a big way, as he morphed into the Pelicans’ go-to scorer in 2019/20, averaging 23.8 PPG, 6.1 RPG, and 4.2 APG with a .463/.391/851 shooting line in 62 games (33.9 MPG). The 23-year-old also made an All-Star team for the first time in his career, setting himself up for a maximum-salary deal with New Orleans.

Although Ingram and the Pelicans took a few days to formally reach an agreement, this outcome was always expected — New Orleans would have matched any offer sheet the 6’7″ forward signed, so it made sense for the two sides to negotiate directly and take their time to get something done.

Ingram, whose new contract will run through 2025, represents one of the cornerstone pieces in the Pelicans’ rebuild, alongside Zion Williamson. A young core that also includes Lonzo Ball, Jaxson Hayes, Kira Lewis Jr., and Nickeil Alexander-Walker will be complemented in 2020/21 by newly-acquired veterans Steven Adams and Eric Bledsoe, as well as sharpshooter J.J. Redick.

With Ingram back under contract, the Pelicans’ major offseason moves should be complete. The team has a tiny of bit of breathing room below the tax line and doesn’t plan to fill its 15th roster spot with another guaranteed contract for now, per Will Guillory of The Athletic.

Photo courtesy of USA Today Sports Images.

Exploring Whether Lack Of Spacing Could Hurt Pelicans; Lewis Jr. Remains Student Of Game

November 29th, 2020 at 7:35pm CST by JD Shaw

William Guillory of The Athletic explores how much spacing could be a concern for the Pelicans this year. New Orleans has transformed its roster ahead of the 2020/21 season, hiring head coach Stan Van Gundy and his staff, inking Brandon Ingram to a multi-year extension and acquiring Steven Adams to bolster the frontcourt. The team possesses the talent needed to reach the playoffs next season, though it remains unclear whether it has enough shooting to be a legitimate contender.
Pelicans rookie Kira Lewis Jr. is a student of the game at just 19 years old, Christian Clark of Nola.com writes. Lewis was drafted by the team with the No. 13 pick this month, having spent the past two seasons at Alabama. “He’s a student of the game,” former AAU coach Cory Underwood said. “That’s why he’s going to find a way to succeed in the NBA somehow, someway. He’s been doing things like that since he was young. A lot of guys now, you’ll find NBA guys. The Anthony Edwards thing was a big thing. He said he doesn’t watch basketball. A lot of kids don’t watch basketball. Kira Lewis watches basketball.”

Pelicans Show Ingram He's Part Of Their Future

November 28th, 2020 at 7:16pm CST by Arthur Hill

Brandon Ingram‘s new contract shows the Pelicans consider him as much a part of their future as Zion Williamson, notes William Guillory of The Athletic. Ingram signed the largest contract of the offseason, earning $158.25MM over the next five years.

Will Magnay Signs Two-Way Contract With Pelicans

November 26th, 2020 at 4:40pm CST by Alex Kirschenbaum

DECEMBER 1: Magnay has formally signed his two-way deal with New Orleans, according to the NBA’s official transactions log.

NOVEMBER 26: The Pelicans have agreed to sign center Will Magnay to a two-way contract, according to Olgun Uluc of ESPN (via Twitter).

The 22-year-old most recently played in the Australian NBL. The 6’10” big man was voted that league’s Most Improved Player for the 2019/20 season, while playing for the Brisbane Bullets. For the season, Magnay tallied averages of 8.1 PPG, 6.1 RPG, and an NBL-leading 2.1 BPG. Magnay went undrafted in 2018.

The Pelicans have been active in reshaping their center rotation this offseason. They recently traded for former Thunder center Steven Adams and signed former Hornets big man Willy Hernangomez to be his primary backup. Raw second-year center Jaxson Hayes remains on the roster as well.

Magnay joins undrafted forward Naji Marshall in reportedly filling out both of New Orleans’s two-way contract slots. This year, two-way players can partake in up to 50 games for their NBA clubs.

Contract Details: Adams, Hernangomez, Bol, Bacon, McDermott

November 26th, 2020 at 11:04am CST by Luke Adams

After receiving a trade bonus worth $2MM as part of the deal that sent him from Oklahoma City to New Orleans, Pelicans center Steven Adams will have a new 7.5% trade kicker on his two-year extension with his new team, tweets Eric Pincus of Bleacher Report. That kicker will give Adams a rare opportunity to potentially cash in on two trade bonuses between free agencies.

Meanwhile, Keith Smith of Yahoo Sports reports (via Twitter) that another new Pelicans center, Willy Hernangomez, will only have a partial guarantee on his new deal with the team. Hernangomez is assured of receiving at least $700K of his $1.74MM minimum salary for 2020/21, Smith notes.

Here are a few more notes on recently-signed contracts from around the NBA:

Both years on Bol Bol‘s two-year contract with the Nuggets are fully guaranteed, tweets Eric Pincus. Denver used a portion of its mid-level exception to complete the $4.2MM deal.
Dwayne Bacon‘s new two-year contract with the Magic is for the veteran’s minimum and will be non-guaranteed for 2021/22, tweets Keith Smith. If Bacon remains under contract for more than three days after 2021’s free agency moratorium ends, he’ll get that full guarantee on year two, Smith adds.
While most of the two-way contracts that have been signed by players in the last week are only for one year, Sean McDermott’s deal with the Grizzlies will cover two years, tweets Smith.

Pelicans Sign Steven Adams To Extension

November 24th, 2020 at 3:12pm CST by Luke Adams

NOVEMBER 24: Now that the trade sending him to New Orleans has been completed, the Pelicans have officially announced their extension agreement with Adams.

NOVEMBER 23: As part of the trade that will send center Steven Adams from Oklahoma City to New Orleans, the Pelicans are signing Adams to a two-year contract extension worth $35MM, sources tell Zach Lowe and Adrian Wojnarowski of ESPN (Twitter links). The deal, which will run through 2022/23, will be fully guaranteed, per the ESPN duo.

Teams are permitted to extend players as part of trades, though those deals are limited to three total years, including the ones remaining on the player’s current contract. Since Adams is on an expiring contract, the Pelicans are able to tack on two new years. Worth $17.5MM annually, the extension will represent a dip from the big man’s current $27.5MM salary.

As we relayed earlier tonight, the Pelicans reportedly pursued Adams during the 2019 offseason. Their willingness to surrender a first-round pick for him and sign him to an extension are two more signs that he’s a player they value significantly.

In 2019/20, Adams averaged 10.9 PPG, 9.3 RPG, and 2.3 APG in 63 games (26.7 MPG) as Oklahoma City’s starting center, helping to anchor the team’s defense. He’ll presumably take on a similar role in New Orleans, playing alongside Zion Williamson in the Pelicans’ starting five.

Adams is now on track to reach unrestricted free agency at age 30 in 2023.

Photo courtesy of USA Today Sports Images.

Four-Team Jrue Holiday, Steven Adams Trade Officially Complete

November 24th, 2020 at 9:15am CST by Luke Adams

The Pelicans, Thunder, Bucks, and Nuggets have officially completed the four-team trade that will send Jrue Holiday to Milwaukee and Steven Adams to New Orleans, the Pelicans announced today in a press release.

In total, the mega-deal involves 10 players, five draft picks, and two future pick swaps. The trade breaks down as follows:

Bucks acquire Holiday and the draft rights to Sam Merrill (No. 60 pick; from Pelicans).
Pelicans acquire Adams, Eric Bledsoe, the Bucks’ 2025 first-round pick (unprotected), the Bucks’ 2027 first-round pick (unprotected), and the right to swap first-round picks with the Bucks in 2024 and 2026.
Thunder acquire George Hill, Darius Miller, Kenrich Williams (sign-and-trade), Josh Gray (sign-and-trade), Zylan Cheatham (sign-and-trade), the Nuggets’ 2023 first-round pick (top-14 protected), the Wizards’ 2023 second-round pick (from Pelicans), and the Hornets’ 2024 second-round pick (from Pelicans).
Nuggets acquire the draft rights to RJ Hampton (No. 24 pick; from Bucks).

The deal began when the Bucks and Pelicans reached an agreement on a trade sending Holiday to Milwaukee last week. From there, the Thunder got involved when New Orleans agreed to flip Hill to Oklahoma City in a trade for Adams.

A draft-night deal between the Nuggets and Pelicans that involved the Nuggets’ 2023 first-rounder and the Bucks’ No. 24 pick (sent to New Orleans as part of the original Holiday agreement) was folded in to make it a four-team trade when the Pels agreed to flip Denver’s ’23 pick to OKC as part of the Adams package.

As cap expert Albert Nahmad has pointed out (via Twitter), it’s an intricate, complex transaction that had to make use of a slew of CBA rules. The Pelicans, who are signing Adams to a two-year extension as part of the trade, needed to sign-and-trade Williams, Gray, and Cheatham to Oklahoma City and guarantee most or all of Miller’s $7MM salary in order to abide by salary-matching rules.

Meanwhile, Adams gets a trade bonus worth a little over $2MM as part of the deal, while the Thunder create the largest trade exception in NBA history, worth $27.5MM, per ESPN’s Bobby Marks (Twitter link).

Unfortunately, as Nahmad observes (via Twitter), Oklahoma City will likely have to use that massive TPE immediately to accommodate the acquisition of Al Horford. Still, as John Hollinger of The Athletic writes, the Thunder should come out of their series of transactions with a handful of usable trade exceptions, including one worth $15.4MM.

A full breakdown of this offseason’s trades – including the ones not yet made official – can be found right here.

Photo courtesy of USA Today Sports Images.

Pelicans Targeted Adams Last Offseason

November 23rd, 2020 at 7:47pm CST by Dana Gauruder

The Thunder are trading center Steven Adams to the Pelicans and it isn’t the first time New Orleans tried to make that happen, ESPN’s Royce Young tweets. The Pelicans pursued an Adams trade last offseason when the Thunder shook up their roster by trading Paul George and Russell Westbrook but the teams couldn’t work out an agreement at that time.