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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.

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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.

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Southwest Notes: Zion, McDermott, Branham, Silas

October 1st, 2022 at 9:45pm CST by Arthur Hill

Zion Williamson was the star attraction for Pelicans fans at this year’s open practice, writes Christian Clark of NOLA.com. After missing all of last season following foot surgery, Williamson has been impressive during training camp, with coach Willie Green saying he “dominated” the team’s first scrimmage. This is the first time Williamson has been able to take part in an open practice since his rookie year, so he tried to put on a show for the crowd.

“I haven’t been in that environment where I have been able to play and interact with the fans,” he said. “Once I hit one group, I looked around and was like, ‘I’m going to have to make a 360.'”

Williamson also talked about having stability for the first time in his NBA career. He agreed to a five-year, maximum-salary extension during the offseason, and he has watched the team reach new deals with CJ McCollum and Larry Nance Jr. in the past week.

“My first three years, it was always a different cast of guys,” Williamson said. “To see some vet guys stay around and build something special here, it means a lot. Last season after the final game, I just wanted to be part of something special. Seeing CJ, Larry, some of the other guys stick around, I’m excited for the process.”

There’s more from the Southwest Division:

  • Even though they aren’t that old, Doug McDermott and Josh Richardson have to fill the role of veteran leaders on a young Spurs team, per Jeff McDonald of The San Antonio Express-News. The Spurs have 10 players on their 20-man roster who are 22 or younger, and five are still teenagers. “There is something to be said that we are still here and kind of leading the locker room,” the 30-year-old McDermott said. “It’s a blessing honestly that they value me and Josh and Jakob (Poeltl) to be those guys. Because we don’t have any egos and want to see those guys thrive just as much as they do.”
  • The Spurs‘ six rookies, including three first-round picks, will get their first taste of NBA competition Sunday night, McDonald adds in a separate story. There has been plenty to absorb in a short time for the group, which has been through only four practices together. “It’s been a lot of learning,” said 20th overall pick Malaki Branham. “Fast-paced, but it’s been good. We’re all fast learners so I feel like we all kind of get it.”
  • Rockets coach Stephen Silas will focus on working out his rotations during the preseason, according to Jonathan Feigen of The Houston Chronicle. “Still trying to figure out which groups play well together,” Silas said. “Tomorrow gives us a chance to do it against another team, which is huge. It’s hard when you’re evaluating both teams at the same time. But when you’re playing against a team, you can really dive into what works well offensively or defensively.”
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Southwest Notes: Ingram, Hearn, Vassell, King, Rockets

September 30th, 2022 at 8:43pm CST by Rory Maher

Fans and people around the league didn’t think very highly of the Pelicans when Brandon Ingram signed a five-year extension with the team back in 2020, but that perception is changing, writes Christian Clark of NOLA.com (subscription required). Clark notes that Jonas Valanciunas, Zion Williamson and most recently CJ McCollum have all signed extensions with the franchise after Ingram inked his deal a couple years ago.

“It’s a good place to be,” Ingram said about New Orleans. “They see what’s going on. They see how we bond with each other. How we play on the floor. It’s kind of unheard of in the league, having 14 or 15 guys care about each other and believe in each other and actually want to know about each other. It’s pretty different here.”

The Pelicans have historically struggled in the postseason, having failed to advance past the second round in their 20-year existence. Ingram says the team has its sights set on loftier goals.

“The expectation is to win, especially for our team,” Ingram said. “We just have some added fans. We always believed in what we were doing. The expectation is still the same. I don’t know what the outside expectation is. But for us, it’s to bring a championship to New Orleans.”

Ingram had a great playoff run with New Orleans last season. Despite falling to Phoenix in the first round, the Pelicans and Ingram put up a good fight, with the star forward averaging 27.0 PPG, 6.2 RPG and 6.2 APG on .475/.407/.830 shooting in six games (39.3 MPG).

Here’s more from the Southwest:

  • Guard Reggie Hearn has decided to retire after nine professional seasons, having agreed to join the Spurs as a scout, sources tell our JD Shaw (Twitter link). As Shaw notes, Hearn spent the majority of his career in the G League, holding career averages of 11.0 PPG and 4.3 RPG on .431/.392/.799 shooting in 317 games (218 starts, 27.7 MPG). Hearn also made a brief appearance with the Pistons in 2018, playing three games while on a two-way contract.
  • After increasing his averages across the board in year two, former lottery pick Devin Vassell is hoping to have a breakout third season with the Spurs in 2022/23, according to Jeff McDonald of The San Antonio Express-News. “I don’t think I can put into words how excited I am,” Vassell said. “I think it’s going to be a big year, not only for me but for this organization to grow and build. I can’t wait to get this thing going.”
  • The Rockets‘ G League affiliate, the Rio Grande Valley Vipers, have acquired the returning player rights to Louis King from the Westchester Knicks, Shaw tweets. Rio Grande sent Westchester its first-round pick and a second-rounder (via the Maine Celtics) in the NBAGL draft to complete the deal. King holds three years of NBA experience with the Pistons and Kings on two-way contracts. He was waived by Sacramento in February.
  • In the recently completed eight-player trade that saw Derrick Favors head to Houston, the Rockets received a staggering $6,363,000 in cash from Oklahoma City, per Eric Pincus of Bleacher Report (Twitter links). That’s the maximum amount of cash a team can send in a trade in 2022/23. The Thunder, meanwhile, generated two traded player exceptions worth $10.18MM (Favors) and $4.22MM (Ty Jerome), Pincus adds.
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Contract Details: Lakers, Galloway, DSJ, McCollum, More

September 30th, 2022 at 7:59am CST by Luke Adams

When the Lakers signed Matt Ryan and Dwayne Bacon to non-guaranteed training camp contracts earlier this month, both players received Exhibit 9 clauses in their new deals, but not Exhibit 10s, Hoops Rumors has learned.

Exhibit 9 contracts are non-guaranteed camp deals that don’t count against the cap during the preseason and offer teams some protection in the event of an injury. Exhibit 10s are similar, but also allow teams to convert the player to a two-way deal (if he’s eligible) or to give him a bonus worth up to $50K if he’s waived and then spends at least 60 days with the team’s G League affiliate.

As a general rule, a player who signs a training camp contract without an Exhibit 10 clause is usually just competing for a spot on his team’s 15-man regular season roster and won’t end up playing for the club’s G League affiliate if he doesn’t make the cut.

Langston Galloway (Pacers), Dennis Smith Jr. (Hornets), LiAngelo Ball (Hornets), Cody Zeller (Jazz), Timothe Luwawu-Cabarrot (Suns), and Wes Iwundu (Trail Blazers) are among the other recently signed free agents who signed Exhibit 9 – not Exhibit 10 – contracts.

Here are a few more contract details from around the NBA:

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Southwest Notes: Pelicans, Williamson, Silas, Adams, Lecque

September 29th, 2022 at 8:15am CST by Dana Gauruder

The Pelicans have never paid the luxury tax but that could change soon, Christian Clark of the New Orleans Times-Picayune reports.

Owner Gayle Benson is willing to pay the tax, according to Pelicans executive VP David Griffin, since the team has the ability to become a serious contender.

“We’re not bound by, ‘We won’t pay the tax,'” Griffin said. “We will not frivolously pay the tax. If this team is in a position to be as good as we hope to be, I don’t think resources are going to be the reason we won’t get where we need to go.”

The Pelicans are currently approximately $3.6MM below the NBA’s luxury tax line of $150.3MM.

We have more from the Northwest Division:

  • Following a season in which he rehabbed a foot injury, Pelicans big man Zion Williamson left his coach and teammates awestruck in two practices Tuesday, according to Andrew Lopez of ESPN. “What stood out was his force more than anything,” coach Willie Green said. “He got down the floor quickly. When he caught the ball, he made quick decisions. Whether it was scoring, finding a teammate. It was really impressive to see.” Williamson inked a five-year, max extension this summer.
  • Rockets coach Stephen Silas wasn’t thrilled by what he saw during Wednesday’s practice, according to Jonathan Feigen of the Houston Chronicle. “I saw we have a lot of work to do,” Silas said. “(It’s) day two, obviously. We did a good job of putting things in. We scrimmaged quite a bit today and it’s evident, it doesn’t happen overnight. It’s going to be a process for us. We’re going to have to learn from mistakes and watch film and get better as a result.”
  • Steven Adams taking 3-pointers this season? It’s not out of the question. “He’s definitely putting in the work over the summer,” Grizzlies coach Taylor Jenkins told Damichael Cole of the Memphis Commercial Appeal. “I even told him if you’re open, shoot it. I want him to be aggressive.” However, Adams hopes to keep it a secret weapon. He’s only made one 3-pointer in 14 career attempts.
  • The Rio Grande Valley Vipers, the Rockets’ G League affiliate, acquired the returning player rights to guard Jalen Lecque from the Raptors 905, the team tweets. The Vipers traded away the returning player rights to Christian Vital. Lecque played four games with the Pacers in 2020/21.
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Pelicans Notes: Zion, Lewis, Luxury Tax, Coaching Changes

September 26th, 2022 at 2:22pm CST by Rory Maher

Appearing on The Hoop Collective (video link), Brian Windhorst’s podcast, ESPN’s Andrew Lopez said Pelicans star Zion Williamson is “ready to go” for the 2022/23 season. Williamson, who missed all of last season after undergoing surgery and subsequently experiencing setbacks from a broken foot, has been working out with his trainer as opposed to the team’s staff since he was cleared to play with no restrictions at the end of May, Lopez added.

“He is now working with Jasper Bibbs, his strength and conditioning coach, he has a chef, he has taken steps to improve his body so we don’t have a situation where he is only playing 85 games in a three-year stretch, or missing an entire season,” Lopez said.

In an interview last week with William Guillory of The Athletic, Bibbs said Williamson was in “fantastic shape” and “a better athlete now than he’s ever been.” The former No. 1 overall pick signed a five-year, maximum-salary extension in July, and will reportedly be required to undergo regular weigh-ins throughout the duration of his new contract due to a conditioning clause.

Here’s more on the Pelicans:

  • Speaking at Media Day on Monday, general manager Trajan Langdon said guard Kira Lewis Jr. is not ready for five-on-five yet action yet, according to Lopez (Twitter link), who notes that Lewis tore his ACL last December. The recovery period for a torn ACL is typically 12-plus months, so it might be a while until we see the 21-year-old former lottery pick back in action.
  • When asked about paying the luxury tax, executive VP of basketball operations David Griffin said that ownership was willing to commit when appropriate. “When it’s time to really go all-in on something, we will,” Griffin said (Twitter link via Christian Clark of NOLA.com). New Orleans is currently about $3.5MM under the $150,267,000 luxury tax line for ’22/23.
  • The Pelicans announced a series of front office and coaching promotions and additions in a press release. Sammy Gelfand is the team’s new senior director of basketball analytics. Ryan Pannone, formerly the head coach of the Birmingham Squadron, the Pelicans’ G League affiliate, is now an assistant coach. Jordan Kincaide has also been added as an assistant strength and conditioning coach. Ryan Frazier has been promoted to assistant coach; Both Corey Brewer and Darnell Lazare have been promoted to assistant coach/player development coach; Brandon Demas has been elevated to two-way coach; Jordan McGuire and D’Or Fischer have been elevated to player development assistant, with McGuire also serving as an assistant shooting coach.
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CJ McCollum Signs Two-Year Extension With Pelicans

September 26th, 2022 at 10:32am CST by Arthur Hill

SEPTEMBER 26: McCollum’s extension is now official, according to Pelicans head of basketball operations David Griffin, who praised the veteran guard for “taking less money in his extension to keep this group together” (Twitter links via Andrew Lopez of ESPN and Christian Clark of NOLA.com).

SEPTEMBER 24: The Pelicans and CJ McCollum have reached an agreement on a two-year extension valued at $64MM, writes Adrian Wojnarowski of ESPN. This deal, which was confirmed by McCollum’s agent, Sam Goldfeder of Excel Basketball, will run through the end of the 2025/26 season.

McCollum made an immediate impact in New Orleans after being acquired from the Trail Blazers in February. He averaged 24.3 points, 4.5 rebounds and 5.8 assists per game as the Pelicans stormed back from a slow start and earned a spot in the play-in tournament. He was equally effective in the playoffs as New Orleans took the top-seeded Suns to six games in their first-round matchup.

The 31-year-old shooting guard is part of what looks to be a strong foundation that could keep the Pelicans in playoff contention for the next few years. Brandon Ingram provides another consistent scoring threat, and the return of Zion Williamson could round out one of the league’s most dangerous offenses.

All three players are now under contract for the next three seasons, notes Christian Clark of NOLA.com (Twitter link).

The extension was a priority for Pelicans senior vice president of basketball operations David Griffin and general manager Trajan Langdon, Wojnarowski adds. They were impressed by the way McCollum was able to transform the team with his production and leadership after the trade.

McCollum was a fixture in Portland after being selected with the 10th pick in the 2013 draft. He spent eight and a half seasons with the Blazers and ranks fifth on the team’s career scoring list.

McCollum will earn $33.3MM this season and $35.8MM in 2023/24 before the new extension takes effect.

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Pelicans Sign Cheatham, Butler; Waive Brockington

September 24th, 2022 at 12:57pm CST by JD Shaw

The Pelicans have signed forwards Zylan Cheatham and John Butler ahead of training camp, the team announced in a press release today. New Orleans also waived two-way guard Izaiah Brockington.

Cheatham, 26, is a 6″6″ guard who played for the Pelicans’ G League affiliate last season. In 21 outings, he scored 14.0 points per game on 55% shooting from the floor and 38% shooting from distance. He signed a 10-day hardship deal last season and was a two-way player for New Orleans in 2019.

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.

The Pelicans signed Brockington, a 23-year-old guard who also went undrafted in June, to a two-way deal earlier this month. The team’s roster now stands at 20 players, which includes two-way swingman Dereon Seabron.

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