New York Knicks Rumors | Hoops Rumors

12 Two-Way Restricted Free Agents Remain Unsigned

July 18th, 2023 at 10:24am CST by Luke Adams

The action on the NBA’s free agent market has slowed since the start of July, but there are still many FAs seeking new deals, including a notable group of under-the-radar players whose situations will need to be resolved in the coming days, weeks, and months.

A total of 12 two-way restricted free agents are still available, as our up-to-date list shows. Those players are as follows:

Trent Forrest (Hawks)
Theo Maledon (Hornets)
Terry Taylor (Bulls)
Lester Quinones (Warriors)
Kendall Brown (Pacers)
Jamal Cain (Heat)
Matt Ryan (Timberwolves)
Trevor Keels (Knicks)
Duane Washington (Knicks)
Dominick Barlow (Spurs)
Jeff Dowtin (Raptors)
Ron Harper Jr. (Raptors)

That group doesn’t include a 13th player, Neemias Queta, who is also a restricted free agent after finishing last season on a two-way deal. Although he remains eligible to sign another two-way contract, Queta was ineligible for a two-way qualifying offer after having played on a two-way with the Kings for consecutive seasons — his QO is a one-year, minimum-salary contract with a small ($75K) partial guarantee.

For the rest of these players, their qualifying offer is simply another one-year, two-way deal, which limits their leverage to negotiate a more lucrative standard contract.

Some two-way RFAs have managed to earn standard deals this offseason. A.J. Green of the Bucks was one. Julian Champagnie of the Spurs was another. Ty Jerome (Warriors) and Jack White (Nuggets) received standard contract offers from the Cavaliers and Thunder, respectively, that their former teams were unwilling to match, so Golden State and Denver simply withdrew their respective qualifying offers, making Jerome and White unrestricted free agents.

Offer sheets for two-way restricted free agents essentially never happen though. And in general, unless a team has earmarked a 15-man roster spot for a two-way free agent, it’s an uphill battle for these players to earn offseason promotions.

As a result, the majority of the dozen restricted free agents listed above will likely end up accepting their qualifying offers and hoping that their play in 2023/24 forces their clubs to find 15-man roster spots for them later in the season.

Still, it’s worth keeping an eye on this group to see if any of them can do better than another two-way — and to see how long some of them might be willing to wait in the hope of earning that opportunity.

Draft-And-Stash Player Remains In Spain

July 17th, 2023 at 10:35pm CST by Dana Gauruder

Rokas Jokubaitis, a Lithuanian guard whose rights are held by the Knicks, had the option on his contract picked up by FC Barcelona, according to BasketNews.com. He played all 39 games in the EuroLeague last season and averaged 5.3 points, 2.0 rebounds, and 2.6 assists. The Knicks made Jokubaitis a draft-and-stash second-round pick in 2021.

Atlantic Notes: Embiid, G. Williams, Stevens, Raptors

July 17th, 2023 at 10:58am CST by Arthur Hill

Joel Embiid has shaken up Sixers fans with comments he made during an interview at the Uninterrupted Film Festival in Los Angeles, tweets Derek Bodner of The Daily Six. The reigning MVP talked about his desire to capture an NBA title, but he raised the possibility that it may not happen in Philadelphia (video link).

“I just want to win a championship. Whatever it takes,” Embiid said. “I don’t know where that’s gonna be, whether it’s in Philly or anywhere else, I just want to have a chance to accomplish that.”

The 29-year-old center hasn’t advanced past the second round of the playoffs in his nine years with the Sixers, including a seven-game loss to the Celtics in the Eastern Conference semifinals last season. The team’s status as a legitimate title contender may be in jeopardy in the wake of James Harden‘s trade request.

The Knicks have been repeatedly mentioned as a potential landing spot for Embiid if he ever decides to ask the Sixers for a trade. He’s under contract for three more seasons and has a $59MM player option for 2026/27.

Whether it was his intention or not, Embiid’s comments sent a clear message to the Sixers front office that they have to handle the Harden situation correctly, observes Kyle Neubeck of The Philly Voice. Management can’t afford to take a step back this season, knowing that its best player might be starting to consider other options.

There’s more from the Atlantic Division:

Grant Williams tells Adam Himmelsbach of The Boston Globe that he began to realize his future was somewhere else when he and the Celtics failed to reach an agreement on a rookie scale extension last summer. “I kind of had perspective,” said Williams, who was shipped to the Mavericks in a sign-and-trade deal. “Even after the season and before the Kristaps (Porzingis) trade, I had some understanding of what I was trying to accomplish in free agency, and where I saw myself moving forward.”
Celtics president of basketball operations Brad Stevens landed one first-round pick, six second-rounders and a second-round swap this summer, but he’s not intending to use most of them, Himmelsbach adds in another Boston Globe story. “The coach in me would tell you I don’t have a ton of interest in picking eight second-round picks,” Stevens said. “But eventually those are trade chips. Those are potentially good second-round picks that you can use.”
Rival teams are skeptical that the Raptors really plan to part with Pascal Siakam or any of their other top players, Marc Stein states in his latest Substack column. However, Stein said that after being at Summer League, he got the “distinct impression” that Toronto will explore making another significant move or two before training camp.

Atlantic Notes: DiVincenzo, Sims, Nowell, Reed

July 16th, 2023 at 2:26pm CST by Alex Kirschenbaum

Warriors superstar point guard Stephen Curry praised the Knicks’ free agent signing of former Golden State shooting guard Donte DiVincenzo, writes Stefan Bondy of The New York Daily News.

“He knows how to play the game,” Curry said. “You can tell he won at the highest level in college. The Knicks got a good one and I’m happy that he got his fair share of that CBA, too. So it was good.”

DiVincenzo joined the Knicks earlier this month on a four-year, $47MM contract that far exceeded what the Warriors were able to offer him. Across his 72 healthy regular season contests with Golden State last season, the 6’4″ wing averaged 9.4 PPG, 4.5 RPG and 3.5 APG.

“He’s all about basketball, he’s all about winning,” Curry said. “He’s good on both sides of the ball. He can play-make better than most people probably realize. So he fills a lot of holes on teams. And he’s not selfish in the respect of — I know he wants to start and be that guy, but he also understands where the value can be created on a team no matter what role you’re asked to do. And he bought in right away. And he got rewarded for it.”

There’s more out of the Atlantic Division:

Knicks reserve center Jericho Sims will not be cut by the team prior to today’s salary guarantee deadline, tweets Fred Katz of The Athletic. The $600K partial guarantee on Sims’ contract for 2023/24 will increase to $1.2MM after today; his full minimum-salary deal will become guaranteed if he remains under contract through August 20, which should be a lock.
Raptors rookie two-way guard Markquis Nowell is striving to become the latest undersized guard to succeed in Toronto, writes Doug Smith of The Toronto Star. As Smith notes, the 5’8″ Nowell is looking to former shorter-statured Toronto guards Fred VanVleet, Kyle Lowry, Muggsy Bogues and Damon Stoudamire for inspiration on his NBA journey. “They’re (people) I studied growing up, knowing that I wasn’t going to be a bigger guard,” he said of the likes of ex-Raptors Stoudamire and Bogues. “I kind of had to study them, study how they stood in the league, how they impacted the game at this level. Anyone I can learn from, I do.”
Newly re-signed Sixers backup center Paul Reed took to The John Kincade Show on Philadelphia’s 97.5 FM The Fanatic to discuss his restricted free agency and eventual return to the club. The 6’9″ big man inked a three-year, $23MM offer sheet with the Jazz, which the Sixers opted to match. “I’m glad they [were] able to match the offer,” Reed said (hat tip to Ky Carlin of USA Today for the transcription). “The goal this offseason is to keep developing and keep finding ways to get better. I know I got an opportunity this year to play a little 4. Especially, with [new head coach] Nick Nurse. Just working on stretching the floor, driving out the corners, just little things like that.”

Does Quentin Grimes Still Have Place In Knicks' Long-Term Plans?

July 16th, 2023 at 8:14am CST by Luke Adams

Following the signing of Donte DiVincenzo, Zach Braziller of The New York Post wonders if Quentin Grimes – who started 66 games and averaged 29.9 MPG last season – will still play a significant role for the Knicks going forward or if he might become more valuable to the team as a trade chip in a deal that would help balance the roster and/or add an impact player.

Scotto’s Latest: Suns, Pacers, Knicks, Wright, Hornets, More

July 15th, 2023 at 2:32pm CST by Rory Maher

The Suns, Pacers and Knicks recently had exploratory trade talks on a deal that would have sent Cameron Payne to New York, T.J. McConnell to Phoenix, and Evan Fournier and draft picks to Indiana, league sources tell Michael Scotto of HoopsHype. Other iterations of the deal included Jordan Nwora, according to Scotto, though it’s unclear where the Pacers forward would have ended up in that framework.

However, the talks on the three-team trade have stalled, Scotto reports. Jake Fischer of Yahoo Sports was first to report the Suns and Pacers discussed a deal involving Payne and McConnell, and suggested the Knicks may have been involved as well.

Here’s more from Scotto’s latest article for HoopsHype:

League sources tell Scotto that the Hornets are on the hunt for a backup point guard after Dennis Smith Jr. signed with the Nets in free agency. As Scotto previously reported, Charlotte had interest in Aaron Holiday, but he wound up signing with the Rockets. According to Scotto, one player on Charlotte’s radar is Wizards guard Delon Wright, who will make $8.2MM next season in the final year of his contract. The Wizards traded for Tyus Jones and Jordan Poole, and Wright was signed by the previous front office regime. The 31-year-old has already seen his name pop up in a few other trade rumors this offseason.
Scotto recently spoke to a handful of second-round picks at Summer League about their goals entering their rookie seasons. Those players are Nuggets guard Jalen Pickett, Celtics forward Jordan Walsh, and Mouhamed Gueye and Seth Lundy of the Hawks. Walsh, the No. 38 pick of the 2023 draft, has high expectations for himself, he told Scotto. “If I get a chance to play with these guys and help the team, I want to be on the All-Defensive First or Second Team or Defensive Player of the Year,” Walsh said. “My goals are defensively oriented and winning a championship, which is No. 1. If I’m able to accomplish any of those things, I’d feel my rookie year went pretty well.”
In case you missed it, we passed along some Raptors rumors and free agent rumors from Scotto as well.

Free Agent Rumors: Oubre, Jones, Brooks, Smith, Giles

July 15th, 2023 at 1:43pm CST by Rory Maher

The Mavericks are actively looking to improve their roster and have shown “exploratory interest in several free agent forwards,” including veterans Kelly Oubre and Derrick Jones Jr., league sources tell Michael Scotto of HoopsHype.

Although Dallas technically still has a good chunk of its full mid-level exception available, the team has yet to sign first-rounder Olivier-Maxence Prosper, and once that occurs the Mavs will be pretty close to the luxury tax line. They do have an open standard roster spot and could offer a free agent more money than the veteran’s minimum, but not much more unless other moves are made.

On a related note, Scotto confirms that the Mavs continue to shop Tim Hardaway Jr. and JaVale McGee in trade talks. Recent rumors have indicated Dallas tried to package Hardaway and McGee to the Pistons for Bojan Bogdanovic and Killian Hayes.

Scotto hears Detroit was looking for “essentially two first-round picks” in exchange for Bogdanovic last season, though Hayes could available with a glut of guards on the Pistons’ roster.

Here are more free agent rumors from Scotto:

Free agent guard Armoni Brooks, who has been playing well for the Nets in Summer League, could be a candidate for a two-way deal from Brooklyn, according to Scotto. However, if that doesn’t transpire, the 25-year-old has also drawn interest from “multiple EuroLeague teams,” Scotto reports. Brooks holds two years of NBA experience with the Rockets and Raptors. He played for Atlanta’s G League affiliate, the College Park Skyhawks, in 2022/23.
League sources tell Scotto that the Hornets offered Dennis Smith Jr. more than the veteran’s minimum to return to Charlotte, but the Nets reached out to the point guard right after free agency opened and he saw an opportunity for more playing time in Brooklyn. The fact that he was a priority for the Nets also appealed to the former lottery pick, says Scotto.
The Pistons, Cavaliers, Knicks and Bucks were among the teams who watched Harry Giles‘ recent workout in Las Vegas, sources tell Scotto. Darren Wolfson of 5 Eyewitness News recently reported that members of the Timberwolves attended as well, which Scotto confirms. A former first-round pick, Giles has been out of the league the past two seasons after playing with the Kings and Trail Blazers from 2018-21. Still just 25 years old, Giles recently discussed his attempt to make it back into the NBA.

And-Ones: Team Canada, Ownership Stakes, Cap Room, Giles

July 15th, 2023 at 9:20am CST by Luke Adams

While a Team USA roster led by Jalen Brunson, Anthony Edwards, Brandon Ingram, and Mikal Bridges will enter the 2023 World Cup as the frontrunner next month, Team Canada’s initial 18-man group features some real star power.

The extended roster, announced this week by Canada Basketball, is headlined by Nuggets guard Jamal Murray, Thunder guard Shai Gilgeous-Alexander, Thunder forward Luguentz Dort, Knicks forward RJ Barrett, and Rockets forward Dillon Brooks.

It also features five other players currently on NBA rosters: veteran big men Dwight Powell (Mavericks) and Kelly Olynyk (Jazz), guards Nickeil Alexander-Walker (Timberwolves) and Cory Joseph (Warriors), and forward Oshae Brissett (Celtics). Purdue’s star center Zach Edey is on the roster too.

Team Canada will have to make a few cuts to get down to 12 players for the World Cup, and it’s possible some of the more notable names will drop out in order to focus on the NBA season. However, league sources tell Joe Vardon of The Athletic that Murray has reaffirmed his commitment to the team despite a lengthy postseason run with the Nuggets this spring.

Here are a few more odds and ends from around the basketball world:

The minimum stake that someone can own in an NBA franchise has been lowered, according to Mike Vorkunov of The Athletic, who says a minority shareholder can now control as little as 0.5% of a team, down from 1%.
A total of eight teams operated below the cap this offseason, having entered the league year with $277MM in combined cap room, per Yossi Gozlan of HoopsHype. As Gozlan outlines, over half of that league-wide cap space was used to accommodate trades or contract negotiations rather than free agent signings.
Sean Cunningham of FOX40 in Sacramento (video link) caught up with free agent big man Harry Giles to talk about the 25-year-old’s efforts to make it back into the NBA, as well as the new rule related to two-way contracts that will unofficially be named after him.

And-Ones: Waiters, Wade, Hernangomez, C. Brown

July 14th, 2023 at 12:24pm CST by Luke Adams

Speaking to Chris Haynes of Bleacher Report after a workout for teams in Las Vegas this week, veteran guard Dion Waiters openly discussed the reasons he has been out of the NBA for the last three seasons and what he feels he needs to do to earn another shot. According to Waiters, he took his time in the NBA for granted, so his exit from the league has been a learning experience that he has been able to pass along to his son.

“I told him, ‘Bro, your dad is not [out of] the league because of talent. It was my attitude, my character, and not understanding that it’s bigger than me,'” Waiters said. “I feel like I had to go through this so I could explain that to my son, and that’s the dead truth.”

A former fourth overall pick, Waiters has appeared in 419 regular season games, but hasn’t played in the NBA since 2020. Still just 31, the former Syracuse standout tells Haynes that he feels like he still has “a lot left in the tank” and that he believes he can be a positive leader in the locker room in addition to helping a team on the court.

“I’m healthy. I just want that opportunity just to show I’m not who I once was. And I know a lot of people talk about that, but for me, I think it’s more about showing that I’ve changed,” Waiters said. “That’s why I’m here, man. I still got that love. I still got that itch.”

Here are a few more odds and ends from around the basketball world:

Dwyane Wade, a 13-time NBA All-Star who will be inducted into the Hall of Fame in August, has invested in the WNBA’s Chicago Sky and will become part of the team’s ownership group, writes Alexa Philippou of ESPN.com. “It’s a great opportunity to be a part of the league in its very early stages,” Wade said. “… Growth is going to happen, and so I want to be a part of the growth of this league.”
While there have been rumblings that Juancho Hernangomez may join brother Willy Hernangomez in signing with FC Barcelona, Juancho said in a conversation with Spanish outlet Marca that “speculation is just speculation” and stressed that he remains focused on finding another NBA job, as Alessandro Maggi of Sportando relays.
Free agent guard Charlie Brown Jr. has been a standout for the Knicks at the Las Vegas Summer League, averaging 17.3 PPG and 6.0 RPG in three games (28.4 MPG). Zach Braziller of The New York Post takes a closer look at the play of Brown, who is hoping that his performance in Vegas will inspire a team to sign him for training camp.
In an entertaining article for The Athletic, John Hollinger discusses the eight “nerdiest” things that happened in free agency, digging into the details of the Rockets’ sign-and-trade for Dillon Brooks, Paul Reed‘s offer sheet, and Oklahoma City becoming a dumping ground for unwanted contracts, among other moves.

Atlantic Notes: Siakam, Wieskamp, Anunoby, Harden, Walsh

July 13th, 2023 at 6:01pm CST by Alex Kirschenbaum

Raptors forward Pascal Siakam is still a potential trade candidate for Toronto, but the club is taking its time and showing no urgency to make a move, writes Doug Smith of The Toronto Star.

There’s “more smoke than fire” around Siakam, according to Star, who says the Raptors do not feel a particular obligation to move their veteran star, who at present appears happy to remain with the only NBA team he’s ever known.

The 6’9″ forward submitted his most prolific scoring season yet on a middling 41-41 club in 2022/23, averaging 24.2 PPG, 7.8 RPG, 5.8 APG, 0.9 SPG and 0.5 BPG.

Smith adds that the $1.9MM non-guaranteed contract of sharpshooter Joe Wieskamp is due to be fully guaranteed Monday, but predicts that Wieskamp is more likely be released than retained.

There’s more out of the Atlantic Division:

The Knicks, who boast one of the best collections of assets in the league, may have the inclination and the pieces to make a trade for Raptors 3-and-D swingman OG Anunoby, writes Zach Braziller of The New York Post. Anunoby was one of the most coveted players to not be moved during this past season’s trade deadline. The 2022/23 All-Defensive Second Teamer averaged 16.8 PPG on .476/.387/.838 shooting splits, 5.0 RPG, 2.0 APG, 1.9 SPG across his 67 available contests last year.
Although rival front offices believe the Sixers are hoping to hold on to star point guard James Harden, a source close to the 2018 MVP says he still wants to be traded for the third time in three seasons, according to Sam Amick of The Athletic.
Celtics rookie forward Jordan Walsh has been solid enough during his Summer League run with Boston that it’s conceivable he could eventually slot into the team’s rotation as a possible Grant Williams replacement this year, opines Jared Weiss of The Athletic. Williams, of course, was sent to Dallas in a three-team sign-and-trade earlier this week.