- 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.
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%.
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.
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.
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.
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.”
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.
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:
- The exact cap hits on CJ McCollum‘s new extension with the Pelicans are $33,333,333 for 2024/25 and $30,666,666 for ’25/26, Hoops Rumors has confirmed. The deal is fully guaranteed, with no options or bonuses.
- Veteran players who recently signed Exhibit 10 contracts include Justin Anderson (Pacers), Norvel Pelle (Pacers), Jalen Harris (Knicks), Kostas Antetokounmpo (Bulls), PJ Dozier (Timberwolves), Brodric Thomas (Celtics), Juwan Morgan (Clippers), Zylan Cheatham (Pelicans), Zavier Simpson (Magic), and Aleem Ford (Magic), Hoops Rumors has confirmed. Anderson and Pelle were subsequently waived by Indiana.
- RaiQuan Gray (Nets), Justin Bean (Grizzlies), Jacob Gilyard (Grizzlies), Jules Bernard (Pistons), Stanley Umude (Pistons), John Butler (Pelicans), Garrison Brooks (Knicks), and Nuni Omot (Knicks) are among the rookies who recently signed Exhibit 10 contracts with their respective teams, Hoops Rumors has confirmed. Brooks and Omot have since been waived by New York.
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.
- CJ McCollum‘s new two-year contract extension with the Pelicans has a declining structure, according to Bobby Marks of ESPN (Twitter link). McCollum will earn $33.3MM in 2024/25 and $30.7MM in ’25/26.