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Free Agency Rumors: Theis, Magic, Heat, Raptors, Rockets

July 2nd, 2024 at 9:19am CST by Luke Adams

Veteran center Daniel Theis has received interest in free agency from several suitors, including the Grizzlies, Pelicans, and Bucks, reports Kelly Iko of The Athletic (Twitter link).

Theis won the 2023 FIBA World Cup with Germany last year, then joined the Clippers in the fall after negotiating a buyout with the Pacers. He served as the backup center in Los Angeles while Mason Plumlee missed time due to an injury and averaged 6.3 points, 4.1 rebounds, and 0.9 blocks in 17.1 minutes per game across 59 outings.

A second-apron team, Milwaukee is limited to offering minimum-salary contracts to outside free agents, while Memphis and New Orleans have financial constraints of their own to consider, so Theis is unlikely to secure a big payday from any of those suitors. Still, they could certainly offer him a path to playing time.

The Grizzlies traded away Steven Adams and Xavier Tillman last season, while New Orleans lost Jonas Valanciunas and Larry Nance Jr. this summer. Milwaukee has Brook Lopez manning the middle, but his name came up in trade rumors last month.

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

Although the Magic still have a chunk of cap room left over, they don’t appear to be aggressively pursuing outside free agents using that room. Jason Beede of The Orlando Sentinel (subscription required) hears that there continues to be mutual interest in new deals for free agents Moritz Wagner and Joe Ingles — if both players return, Orlando would have 15 players on standard contracts. A report on Monday suggested the team is also exploring using some cap room to renegotiate and extend Jonathan Isaac‘s contract.
Caleb Martin doesn’t have a deal in place with a new team yet, but Ira Winderman of The South Florida Sun Sentinel (Twitter link) still views him as “all but gone” from the Heat. Re-signing Haywood Highsmith remains a possibility for Miami, per Winderman, who says the team may also sign another veteran free agent for the minimum. Winderman names Dennis Smith Jr. as a possible Heat target.
Free agent wing Gary Trent Jr. appears likely to leave the Raptors, according to Eric Koreen of The Athletic. As Koreen details, Toronto’s agreement with Garrett Temple means there are already 15 players projected to be on guaranteed contracts if second-round picks Jonathan Mogbo and Jamal Shead are signed using the second-round exception, as expected. In other words, the team’s free agent business might be just about done.
Kelly Iko of The Athletic hears that Trent had some interest in reuniting with former teammate Fred VanVleet in Houston, but the Rockets are another team who likely won’t do much more free agent shopping. Following the additions of Reed Sheppard and AJ Griffin, along with a new deal with Aaron Holiday, Houston projects to have 15 players under contract. While the Rockets would certainly still be interested in acquiring a young star, the two players they’ve been monitoring most closely, per Iko – Donovan Mitchell and Devin Booker – aren’t available, and the asking price for Jazz forward Lauri Markkanen was considered too high.

Fischer’s Latest: Markkanen, Isaac, DeRozan, Lakers, D-Lo, Nets

July 1st, 2024 at 6:51pm CST by Luke Adams

The Jazz are “welcoming” inquiries on Lauri Markkanen, according to Jake Fischer of Yahoo Sports, who wonders if Utah’s offseason could play out like Brooklyn’s has. The Nets agreed to trade Mikal Bridges after efforts to pair him with an impact player came up short. Utah has also explored the trade market for a possible second star to complement Markkanen, talking to Brooklyn about Bridges (as previously reported) and to the Hawks about both Dejounte Murray and Trae Young, sources tell Fischer.

While it’s possible the Jazz will follow the Nets’ lead, selling off their lone star after failing to land another one, they don’t appear eager to part with Markkanen. According to Fischer, the Jazz have conveyed that they remain interested in renegotiating and extending Markkanen’s contract later this offseason and that listening to every offer for the star forward is just about due diligence.

As reported earlier today, both the Warriors and Spurs have interest in Markkanen, Fischer confirms, naming the Kings and Timberwolves as a couple more teams to watch. However, Sacramento’s reluctance to put Keegan Murray on the table in trade scenarios – which NBA personnel believe would be necessary to land Markkanen – may result in the Kings shifting their trade focus to Pelicans forward Brandon Ingram, Fischer writes. As for the Wolves, they’re operating over the second apron and barely have any future draft capital available, so it’s hard to envision a way for them to make a serious play for Markkanen.

Here’s more from Fischer:

The Magic may not end up using all of their cap room on free agents or trades — according to Fischer (Twitter link), they’re working on possibly renegotiating and extending forward Jonathan Isaac‘s contract. A team with cap space can use it to give a player a raise on his current-year salary, then reduce his salary by up to 40% in the first year of an extension, so Orlando may be looking at essentially giving Isaac a bonus this season to get him a team-friendly deal beginning in 2025/26.
Although LeBron James has expressed a willingness to take a pay cut if it allows the Lakers to bring in an impact player, Fischer writes that the team seems to be running out of potential targets – and time – to make that happen. The Lakers “hold an affinity” for DeMar DeRozan, but they’d likely have to incorporate a third team to move off some salary, including perhaps D’Angelo Russell or Gabe Vincent, to have a shot at DeRozan, according to Fischer.
The Nets could be a trade destination for Russell. Sources tell Fischer that Brooklyn has been open to the idea of a reunion with Russell since February’s trade deadline.
If Klay Thompson had re-signed with the Warriors, the plan was to bring him off the bench next season behind second-year guard Brandin Podziemski, according to Fischer. Thompson appears likely to be a starter in Dallas.

FA/Trade Rumors: Hartenstein, Ingram, Harris, A. Holiday

June 30th, 2024 at 6:45pm CST by Rory Maher

With free agency officially underway, sources tell Shams Charania of The Athletic and Stadium that the Thunder are meeting with UFA center Isaiah Hartenstein in his hometown of Eugene, Oregon (Twitter link).

According to Charania, the Magic — who just agreed to a three-year, $66MM deal with Kentavious Caldwell-Pope — are prioritizing wings with their cap room, while the Knicks are trying to figure out how to avoid being hard-capped at the first apron as part of the Mikal Bridges trade, possibly opening the door for Oklahoma City. Charania also lists the Jazz as a team with interest in Hartenstein, but Utah is “focused on current roster decisions.”

Hartenstein, 26, is the top center on the open market after Nic Claxton agreed to a four-year, $100MM deal to return to Brooklyn.

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

Sean Cunningham of Fox40 KTXL confirms the Kings have interest in trading for Pelicans forward Brandon Ingram (Twitter link). As Cunningham observes, Ingram previously played under Alvin Gentry, who is now in a front office role with Sacramento. A one-time All-Star, Ingram will earn $36MM in 2024/25, which is the final year of his contract. New Orleans is reportedly unwilling to give the 26-year-old a maximum-salary extension, making Ingram a prime trade candidate.
The Pistons, Jazz, Spurs and Mavericks are among the teams interested in free agent forward Tobias Harris, who is meeting with potential suitors in California, a source tells Keith Pompey of The Philadelphia Inquirer. All four clubs have previously been linked to Harris, who has spent the past five-plus seasons with the 76ers. With no cap room available, Dallas would only be able to acquire Harris in a sign-and-trade, Pompey notes.
While the Rockets have interest in a reunion with veteran guard Aaron Holiday, they also recognize that he might find an opportunity for more minutes elsewhere, according to Kelly Iko of The Athletic. The 27-year-old has multiple suitors in free agency, Iko adds. It’s worth noting that Houston drafted Kentucky guard Reed Sheppard with the No. 3 overall pick last week.

FA/Trade Rumors: Wings, Pistons, Pelicans, Valanciunas

June 30th, 2024 at 4:55pm CST by Rory Maher

The free agent wing market could be held up temporarily until Paul George, Klay Thompson and Kentavious Caldwell-Pope have agreed to new contracts, says Jake Fischer of Yahoo Sports.

That outcome was always expected, with those three swingmen likely limiting other players’ options. Cap-room playoff teams like the Sixers and Magic reportedly have interest in both George and Caldwell-Pope, while the Mavericks, Lakers and Clippers are among Thompson’s suitors.

The Pistons are another team with significant cap room, but Fischer hears Detroit is more interested in taking on unwanted salaries in exchange for draft assets rather than pursuing marquee names like George.

Here are a couple more items of interest from Fischer:

The Pelicans are trading for former All-Star Dejounte Murray, who has a 15% trade kicker. However, sources tell Fischer there’s a chance that Murray may not receive that full 15% for salary-matching and cap reasons, describing the situation as “open-ended.” New Orleans is also on the hunt for a starting center with Jonas Valanciunas an unrestricted free agent — the team was recently linked to Magic big man Wendell Carter.
Speaking of Valanciunas, Fischer hears from sources who say the Lithuanian veteran is expected to draw interest from the Lakers and Wizards.

Trade Rumors: LaVine, Johnson, Ingram, Pacers, Carter

June 30th, 2024 at 2:18pm CST by Luke Adams

The Bulls don’t appear to have made any progress on the Zach LaVine trade front, according to ESPN’s Bobby Marks (YouTube link). Chicago has made an effort this offseason to find a taker for LaVine, but hasn’t found many teams with interest — even if a draft pick is attached to the two-time All-Star.

“Literally, there is no market for Zach LaVine,” Marks said. “They are trying to give him away and attach a first-round pick. I’ve been told that by multiple people.”

LaVine’s maximum-salary contract looks especially onerous as teams grapple with the implications of the new Collective Bargaining Agreement. He’s owed $43MM next season coming off foot surgery and has a guaranteed salary of $46MM in 2025/26, with a player option worth nearly $49MM for ’26/27.

Here are a few more trade rumors from across the league:

Nets forward Cameron Johnson is generating trade interest from the Raptors and Kings, with the Pacers and Magic among the other teams to register exploratory interest, reports Michael Scotto of HoopsHype. The Cavaliers have been mentioned as another possible suitor for Johnson, but “nothing has materialized on that front” yet, according to Scotto. Brookyn is believed to be open to inquiries to most of the veterans on its roster after having agreed to send Mikal Bridges to New York.
The Kings are a team to keep an eye on as a possible suitor for Pelicans forward Brandon Ingram, Scotto writes, confirming reporting from Jake Fischer. For now, Sacramento’s interest in Ingram has only been exploratory, Scotto notes.
Teams talking to the Pacers have inquired about youngsters Bennedict Mathurin and Jarace Walker, per Scotto. While there has been no indication that Indiana is looking to move either player, the team made the Eastern Conference finals without Mathurin available and has reached lucrative new free agent deals for two power forwards who are ahead of Walker on the depth chart (Pascal Siakam and Obi Toppin), so it’s fair to wonder whether they’ll be available this summer.
With the Magic considered a potential suitor for Isaiah Hartenstein, teams have expressed interest in trading for Orlando center Wendell Carter, according to Scotto, who says the Pelicans are among the clubs to inquire on Carter.

Fischer’s Latest: Clippers, George, Warriors, Mavs, KCP, Klay, Nuggets, More

June 30th, 2024 at 12:53pm CST by Luke Adams

As they navigate the challenges of the second tax apron for 2024/25 and beyond, the Clippers have been adamant to this point that they don’t want to complete a contract longer than three years for any players, reports Jake Fischer of Yahoo Sports. Barring a change of heart, that means Los Angeles will be unwilling to go higher than three years for its own star free agents, Paul George and James Harden.

While Harden seems likely to end up on a new three-year agreement with the Clippers, per Fischer, that three-year limit has been a point of contention in negotiations with George. Both the Sixers and Magic – who are set to meet with George late on Sunday night – are willing to offer the star forward a four-year, maximum-salary contract, Fischer confirms.

Outside of the Clippers, Sixers, and Magic, there’s another team “lingering on the periphery” of the George situation, according to Fischer, who says the Jazz‘s “dreamiest plot” for the offseason would be to use their trade assets to acquire an impact player on the trade market (they pursued Mikal Bridges before Brooklyn agreed to send him to New York) and to use their cap room to land George. However, as Fischer acknowledges, it’s extremely unlikely that George will decide to sign in Utah.

Here’s more from Fischer’s latest rumor round-up, with the official start of free agency just hours away:

The trade options the Warriors have considered – using Chris Paul and/or Andrew Wiggins as outgoing pieces – range from giving up draft picks in a deal for Pelicans forward Brandon Ingram to acquiring a pick along with Bulls guard Zach LaVine, sources tell Fischer. If they don’t find a trade they like and lose Klay Thompson via free agency, the Warriors will have the full mid-level exception available. They’re considering possible targets using that MLE, says Fischer.
The Mavericks likely would have attempted to make a trade with the Nuggets to acquire Kentavious Caldwell-Pope if he had picked up his $15.4MM player option, Fischer reports. Now that Caldwell-Pope has opted for free agency, Thompson appears to be the free agent wing most likely to end up in Dallas, according to Fischer, who says Thompson also continues to be one of the Sixers‘ secondary targets if they miss out on George.
As for Caldwell-Pope, the Nuggets are preparing to lose him, with the Sixers and Magic both holding “strong” interest in the veteran swingman, per Fischer. A deal with one of those cap-room teams in the range of $50MM over two years could be a possibility for KCP, Fischer adds.
Having traded away Reggie Jackson, the Nuggets are in the market for a backup point guard. Sources tell Fischer that Russell Westbrook would have been a target using the taxpayer mid-level exception if he had opted out of his contract with the Clippers. Fischer also mentioned Hornets guard Vasilije Micic as a Denver target, noting that Zeke Nnaji – who is on the trade block – could be sent out in a deal for Micic.
The Nuggets have also long had interest in big man Dario Saric, who could be a target in free agency, Fischer says.
While it won’t be one of their top short-term priorities as free agency begins, the Clippers are expected to eventually work out an extension with center Ivica Zubac, sources tell Yahoo Sports.

QO Decisions: Jazz, Okeke, Pacers, Krejci, Celtics, More

June 29th, 2024 at 8:09pm CST by Luke Adams

The Jazz declined to issue qualifying offers to guard Kira Lewis or center Micah Potter ahead of Saturday’s deadline, reports Tony Jones of The Athletic (Twitter links). As a result, both players will be unrestricted free agents this summer rather than restricted.

Lewis, the 13th overall pick in the 2020 draft, didn’t establish himself as a rotation player during three-and-a-half seasons in New Orleans. He was traded from the Pelicans to the Pacers to the Raptors to the Jazz during the 2023/24 season, and played a limited role in Utah after arriving from Toronto as a salary-matching piece in the deal involving Kelly Olynyk and Ochai Agbaji. His qualifying offer would have been worth $7.74MM, so it comes as no surprise that it wasn’t tendered.

Potter also played sparingly for the Jazz last season while on a two-way contract, though he has shown some promise in the G League and is part of the U.S. Select Team that will scrimmage with Team USA ahead of the Olympics. His qualifying offer would’ve been for a partially guaranteed minimum-salary deal. According to Jones, a return to Utah is possible, though Potter may receive interest from other teams.

The only Jazz player eligible for restricted free agency who received a qualifying offer is guard Johnny Juzang, Jones reports (Twitter link). Since he has finished each of the past two seasons on a two-way contract with Utah, Juzang wasn’t eligible for another two-way qualifying offer, so his QO is for a partially guaranteed one-year minimum deal.

Here are more qualifying offer updates from around the NBA:

Former Magic first-round pick Chuma Okeke didn’t receive a qualifying offer that would’ve been worth about $7.4MM and will become an unrestricted free agent, per Jason Beede of The Orlando Sentinel. Okeke, 25, has played good defense since entering the league in 2020, but hasn’t contributed much offensively, averaging 6.3 points per game on .383/.318/.789 shooting in 189 career contests (20.3 MPG).
The Pacers have tendered qualifying offers to Obi Toppin ($7.74MM), Oscar Tshiebwe (two-way), and Quenton Jackson (two-way), according to a pair of stories from Tony East of SI.com. All three players will now be restricted free agents.
The Hawks have issued a two-way qualifying offer to guard Vit Krejci, making him a restricted free agent, a league source tells Lauren L. Williams of The Atlanta Journal-Constitution (Twitter link). Krejci is a candidate to negotiate a standard contract with Atlanta after finishing the 2023/24 season as a rotation player. He could also sign an offer sheet with another team, but the Hawks would have the right to match it.
After declining Neemias Queta‘s team option for 2023/24, the Celtics tendered him a qualifying offer, according to Keith Smith of Spotrac (Twitter link). Two-way player Drew Peterson also got a qualifying offer from Boston, but JD Davison didn’t, Smith adds. Queta’s QO will be worth approximately $2.37MM, while Peterson’s will be for another two-way contract.
The following players also received two-way qualifying offers, according to Smith: Lakers big man Colin Castleton (Twitter link), Bulls forward Adama Sanogo (Twitter link), Spurs wing David Duke (Twitter link), and former Warriors guard Nico Mannion (Twitter link), whose RFA rights continue to held by Golden State as he continues his career overseas. San Antonio issued a $2.7MM qualifying offer to big man Sandro Mamukelashvili too, making him a restricted free agent, tweets Smith.
The Clippers opted not to extend qualifying offers to two-way players Xavier Moon and Moussa Diabate, according to Law Murray of The Athletic (Twitter links). The door isn’t closed on a new deal for either player, but it sounds like they’ll explore their options as unrestricted free agents, per Murray. The qualifying offers for Moon and Diabate would have been partially guaranteed minimum-salary offers, since they were ineligible for another two-way QO.
Neither Nate Hinton nor Jermaine Samuels received a two-way qualifying offer from the Rockets, tweets Kelly Iko of The Athletic. Both players will be unrestricted free agents.

Western Notes: Boston Jr., Holmes, Grizzlies Draft, Pelicans, Collier

June 29th, 2024 at 9:22am CST by Tristan Tucker

The Clippers are not issuing a qualifying offer to 22-year-old wing Brandon Boston Jr., Adrian Wojnarowski of ESPN reports (Twitter link). That means Boston will become an unrestricted free agent.

Boston was the No. 51 overall pick in the 2021 draft, spending each of his first three seasons in the league with the Clippers. He played well in limited action, averaging 6.2 points in just 12.9 minutes across 105 appearances with Los Angeles from 2021-24. Per 36 minutes, his career averages jump to 17.4 points and 5.1 rebounds.

Still, Boston never broke through into the main rotation with the Clippers. There’s a chance he remains in Los Angeles on a new deal, but if not, it wouldn’t be surprising to see a younger team take a flier on him.

The No. 4 ranked prospect in the 2020 recruiting class, Boston played one season at Kentucky in 2020/21, averaging 11.5 points in 25 games.

We have more from the Western Conference:

It’s easy to envision how rookie DaRon Holmes II can fit on the Nuggets, with his rim protection and ability to stretch the floor standing out as key elements of his game, The Denver Post’s Bennett Durando writes. Holmes will man the second unit for now, giving the team a breath of fresh air there, but he might be a starter down the line. “I definitely see [playing the four] in the future, especially the way the game is now,” Holmes said. “You look at the Grizzlies. They just got Zach Edey. They’re probably gonna play him and [Jaren Jackson Jr.] together. I think that’s perfectly fine for me. Small-ball five will be good at times. I don’t think that will be an all-time thing for me. I’m probably not gonna start at the five if I’m gonna be a starter [someday].”
The Grizzlies draft selections were all highly coveted by the franchise, Damichael Cole of Memphis Commercial Appeal writes. Outside of No. 9 overall pick Edey, Memphis selected Jaylen Wells and acquired Cam Spencer in the second round. “To come out of day two of the draft with both of them joining us, that’s an outcome that we thought was zero chance of,” general manager Zach Kleiman said.
At the end of the season, Pelicans general manager David Griffin said changes would be necessary so the team could keep up with the rest of the West. Trading for Dejounte Murray shows Griffin is backing up those words, William Guillory of The Athletic writes, but there’s more work to be done. The roster is unbalanced, with a lack of frontcourt depth standing out as an issue. Guillory writes that trading Brandon Ingram or CJ McCollum in a deal for a starting center would be a sensible move, with Ingram the likelier option due to his trade value and contract status. Some trade options could include Deandre Ayton, Brook Lopez and Mitchell Robinson, though it’s hard to gauge whether opposing teams would have interest in extending Ingram.
The Jazz played the waiting game in the draft after considering options to trade up, and USC guard Isaiah Collier fell into their lap at pick No. 29, Andy Larsen of The Salt Lake Tribune writes. “As the draft started to fall, there was a very high percentage chance on our probability markers that the guys that we liked were going to be there [at 29],” general manager Justin Zanik said. “So we are absolutely thrilled that Isaiah was available for us to take.”

Southwest Notes: Rockets, Mavs, Thompson, Pelicans, Cissoko

June 28th, 2024 at 2:27pm CST by Luke Adams

The Rockets will have enough cap flexibility to use the full non-taxpayer mid-level exception this offseason, but Jonathan Feigen of The Houston Chronicle (subscription required) is skeptical that they’ll do so. As Feigen explains, Houston will have nearly all of last year’s rotation players back, with No. 3 pick Reed Sheppard joining the mix and Steven Adams and Tari Eason returning from injuries, so there may not be a role available for a mid-level signee.

Since the mid-level exception can be used for the first time in 2024/25 as a de facto trade exception, Feigen expects Houston to be fine with the idea of hanging onto it into the regular season in case it comes in handy on the trade market.

Within that same story, Feigen also briefly touches on the contract situations for Alperen Sengun and Jalen Green, who will both be eligible for rookie scale extensions beginning in July. While the Rockets are expected to explore deals with both players, they’re unlikely to offer either Sengun or Green a maximum-salary contract, says Feigen.

Here’s more from around the Southwest:

Marc Stein adds another team to the list of possible Klay Thompson suitors, reporting on Substack that the Mavericks will explore the feasibility of adding the veteran Warriors sharpshooter. Dallas will have a little flexibility below the first tax apron after agreeing to send Tim Hardaway to Detroit, but won’t have cap room, so a sign-and-trade deal looks like the only way the Mavs would have any chance at Thompson.
Pelicans head of basketball operations David Griffin vowed in April that the front office would operate with a sense of “urgency” to upgrade the roster this offseason. He reiterated that message this week, as Christian Clark of NOLA.com relays. “We need to be aggressive,” Griffin said. “I think it’s really a positive thing for our organization that we’ve won more games three years in a row. We’ve built what we’ve built in terms of players wanting to stay here. That’s tremendous. That’s not why we are doing this. We are doing this to win.”
Spurs forward Sidy Cissoko underwent an arthroscopic clean-up procedure on his right knee last month, according to Tom Orsborn of The San Antonio Express-News (subscription required), who says Cissoko’s participation in Summer League could be limited as a result. While the Spurs are hopeful that the 2023 second-rounder will be able to suit up at the Las Vegas Summer League, he won’t play in the California Classic Summer League that tips off on July 6, per Orsborn.

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.