New Orleans Pelicans Rumors | Hoops Rumors

Pelicans Add Martin, Smart; Waive Butler, Petty Jr.

October 10th, 2022 at 4:43pm CST by Dana Gauruder

The Pelicans signed forward Kelan Martin and guard Javonte Smart while waiving two-way forward John Butler and guard John Petty Jr., according to a team press release.

Terms weren’t disclosed but Martin and Smart likely signed Exhibit 10 contracts. They would presumably be candidates for the team’s open two-way slot, since Butler had his camp deal converted to a two-way last week.

Otherwise, they’ll likely be waived and join the G League Birmingham Squadron, which would make them each eligible for a $50K bonus if they spend at least 60 days with that club.

Martin has appeared in 96 NBA games since 2019 with Minnesota, Indiana and Boston, averaging 5.5 points, 2.4 rebounds and 0.6 assists. Martin appeared in 30 games last season with the Celtics and Pacers.

Smart, who went undrafted in 2021 out of LSU, appeared in 17 games with the Bucks and Heat last season, averaging 3.0 points, 1.4 rebounds and 0.9 assists.

Butler played last season at Florida State, where he averaged 5.9 points, 3.2 rebounds and 1.2 blocks in 31 games. He saw action in one preseason game.

Petty Jr. appeared in 31 games for the Birmingham Squadron last season. Petty was on an Exhibit 10 deal and will likely return to the Squadron, with Butler joining him.

Hollinger Questions McCollum Extension, But High On Pelicans

October 10th, 2022 at 12:58pm CST by Luke Adams

Even though John Hollinger of The Athletic thinks the Pelicans‘ decision to extend CJ McCollum “feels like a double-down on an iffy bet against Father Time,” he likes the team’s potential to take a major step forward in 2022/23. Hollinger projects a 48-34 record and a sixth-place finish in the West, writing that New Orleans could realistically get to 55 wins if Zion Williamson stays healthy and “everything clicks.”

Jose Alvarado Worked With Tony Parker This Offseason

October 9th, 2022 at 7:02pm CST by Luke Adams

Second-year Pelicans guard Jose Alvarado has long admired Tony Parker‘s game and got the chance to work with the former Spurs star this offseason, meeting Parker at the Las Vegas Summer League and then traveling to San Antonio to train with him. “Actually, I (direct messaged) him and said, ‘I’m a big fan of you,'” Alvarado said, per Christian Clark of NOLA.com. “‘Is there any chance me and you can get in the gym this summer? I would love that.’ He replied right away.”

Jaxson Hayes To Miss At Least Two Weeks With Elbow Injury

October 8th, 2022 at 5:34pm CST by Arthur Hill

Jaxson Hayes suffered a torn UCL in his left elbow during Friday’s preseason game, the Pelicans announced in a press release.

Hayes will go through a rehab program, and his condition will be reevaluated in two weeks. That means he’ll miss at least the first two games of the regular season, Oct. 19 at Brooklyn and Oct. 21 at Charlotte.

The 22-year-old center appeared in 70 games last season and averaged 9.3 points and 4.5 rebounds in 20 minutes per night. He’s had a steady role as a backup big man since being selected with the eighth pick in the 2019 draft.

Hayes is among 18 players eligible to receive rookie scale extensions before the October 17 deadline. If he and the team don’t come to an agreement, Hayes will be a restricted free agent next summer.

Lewis Jr. Cleared For 3-On-3 Work

October 8th, 2022 at 10:37am CST by Dana Gauruder

Pelicans guard Kira Lewis continues to progress in his rehab of a torn ACL. He has been cleared for 3-on-3 scrimmages, ESPN’s Andrew Lopez tweets. Lewis tore his ACL last December and the recovery period for a torn ACL is typically 12-plus months.

Pelicans' 2021 Offseason Looks Better In Retrospect

October 4th, 2022 at 7:33pm CST by Luke Adams

The Pelicans‘ 2021 offseason looks much better in retrospect than it did at the time, writes Christian Clark of NOLA.com. The Pelicans let Lonzo Ball go and missed out on top target Kyle Lowry in free agency, but with Ball injured and Lowry perhaps losing a step, New Orleans is better off having instead fortified its backcourt by acquiring CJ McCollum at the 2022 deadline, according to Clark. That move wouldn’t have happened if the team had retained Ball or signed Lowry.

NBA GMs High On Cavs’ Offseason Moves, Bucks’ Title Chances

October 4th, 2022 at 11:28am CST by Luke Adams

The Cavaliers‘ acquisition of Donovan Mitchell made their offseason the most successful of any NBA team, according to the league’s general managers. In his annual survey of the NBA’s top basketball decision-makers, John Schuhmann of NBA.com writes that 41% of the GM respondents picked Cleveland as having made the best offseason moves, while 59% chose the addition of Mitchell as the move that will have the biggest impact.

The Timberwolves and Jazz were on opposite ends of one of the summer’s other blockbuster trades, but the two clubs tied for second (along with the Sixers) in the GM vote for which teams made the best overall offseason moves. Minnesota’s trade for Rudy Gobert was the second-leading vote-getter for the offseason’s most impactful single acquisition, earning 31% of the vote.

The team viewed by the majority of GMs as the title favorite for 2023 didn’t earn any votes for having the best offseason. According to Schuhmann, 43% of the poll respondents picked the Bucks to win next year’s Finals, with GMs apparently betting on continuity in Milwaukee. The Warriors (25%), Clippers (21%), and Celtics (11%) also received votes.

Here are a few more interesting results from Schuhmann’s GM survey, which is worth checking out in full:

NBA general managers expect the Clippers – who will have Kawhi Leonard back – to be the most improved team in 2022/23. L.A. received 41% of the vote, with the Cavaliers and Pelicans at 17% apiece.
The Celtics‘ trade for Malcolm Brogdon earned the most votes (28%) for the summer’s most underrated acquisition. The Sixers‘ signing of P.J. Tucker and the Clippers‘ addition of John Wall were the runners-up, with 14% each.
Asked which team has the most promising young core, NBA GMs overwhelmingly chose the Cavaliers (41%) and Grizzlies (38%). The Pistons (10%) were the only other club to get multiple votes.
NBA GMs view Magic forward Paolo Banchero as the best bet to win Rookie of the Year (79%) and also chose him as the 2022 draftee most likely to be the best player in five years (31%), narrowly edging Thunder big man Chet Holmgren (28%). As for the steal of the draft, GMs were split between Pistons big man Jalen Duren and Rockets forward Tari Eason (14% apiece), among many others.
Mavericks star Luka Doncic was picked as the favorite to win MVP, earning 48% of the vote from NBA GMs. Giannis Antetokounmpo of the Bucks came in second with 34%.

Contract Details: Fernando, Herro, Nance, Adams

October 4th, 2022 at 7:46am CST by Luke Adams

The Rockets used a portion of their mid-level exception to give Bruno Fernando a four-year deal and a guaranteed salary of $2,717,391 for the 2022/23 season, Hoops Rumors has confirmed. Fernando’s salary will dip to $2,581,522 for 2023/24 before rising back up to $2,717,391 for ’24/25 and increasing to $2,853,260 for ’25/26. As Michael Scotto of HoopsHype tweets, the second and third years of Fernando’s deal are non-guaranteed, while the fourth year is a team option.

Here are some details on a few more new contracts from around the NBA:

Tyler Herro‘s four-year extension with the Heat will pay him annual salaries of $27MM, $29MM, $31MM, and $33MM beginning in 2023/24, for a base value of exactly $120MM, tweets ESPN’s Bobby Marks. The deal also includes $2.5MM in annual incentives that are currently considered unlikely.
Larry Nance Jr.‘s two-year extension with the Pelicans will pay him $10,375,000 in 2023/24 and $11,205,000 in ’24/25, tweets Anil Gogna of NoTradeClause.com. Because Nance’s second-year raise exceeds 5%, he’ll be ineligible to be traded during the 2022/23 season.
Steven Adams‘ two-year extension with the Grizzlies features a flat base salary of $12.6MM in both 2023/24 and ’24/25, with no options or incentives, Hoops Rumors has confirmed. Adams’ new deal doesn’t exceed the extend-and-trade limits, so he’ll remain trade-eligible this season.
As expected, the recent contracts signed by Kaiser Gates (Nets), Brandon Rachal (Nets), and Sacha Killeya-Jones (Thunder) all included Exhibit 10 language.

Pelicans Sign Larry Nance Jr. To Two-Year Extension

October 3rd, 2022 at 10:48pm CST by Dana Gauruder

OCTOBER 3: Nance has officially signed the extension, according to a team press release.

OCTOBER 1: The Pelicans and forward Larry Nance Jr. have reached an agreement on a two-year, $21.6MM extension, Adrian Wojnarowski of ESPN tweets.

Nance is entering the final year of a four-year, $44.8MM contract. He’ll make $9,672,727 this season.

There are no team or player options included in the new extension, Will Guillory of The Athletic tweets.

Nance, 29, has bounced around the league a little bit but has always been coveted for his versatility. He launched his career with the Lakers and played three-and-a-half seasons with Cleveland. He began last season on Portland’s roster but was part of the blockbuster deal that brought CJ McCollum to New Orleans.

Nance appeared in a total of 46 regular season games last season. Overall, he’s appeared in 396 regular season contests, averaging 8.1 PPG, 6.5 RPG, 1.9 APG and 1.2 SPG in 24.1 MPG.

He projects as Zion Williamson‘s backup this season and now, apparently, for the next two seasons as well.

As Christian Clark of the New Orleans Times-Picayune notes (Twitter link), the Pelicans will now have eight players — McCollum, Brandon Ingram, Williamson, Devonte’ Graham, Dyson Daniels, Trey Murphy, Jose Alvarado and Nance — under contract for the next three seasons.

Pelicans Convert John Butler To Two-Way Contract

October 3rd, 2022 at 5:20pm CST by Dana Gauruder

John Butler has received a two-way contract from the Pelicans, Michael Scotto of HoopsHype tweets.

New Orleans signed Butler to an Exhibit 10 contract late last month.

Butler, a 7’2″ center, played four games with the Pelicans during summer league this year. He averaged 8.5 points, 3.8 rebounds and 1.0 blocks in 16.7 minutes, shooting 12-of-16 from the floor (75%) and 6-of-9 from three-point range (67%). The 19-year-old went undrafted out of Florida State in June.

An intriguing prospect, Butler will likely spend the bulk of his rookie season in the G League. He spent only one season in college and posted modest stats for the Seminoles despite starting 24 of 31 games. He averaged 5.9 points, 3.2 rebounds and 1.2 blocks in 19 minutes per game but showed a nice 3-point touch (39.3%).

The Pelicans had an open two-way slot, with Dereon Seabron in possession of the other two-way deal.