Mobile Menu
HEADLINES

Newsstand

Pistons Sign Cole Swider To Two-Way Contract

October 21st, 2024 at 9:49am CST by Luke Adams

As expected, the Pistons have filled one of their open two-way slots by signing forward Cole Swider to a two-way contract, the team announced today in a press release (Twitter link).

Reporting on Saturday indicated that Detroit planned to sign Swider and Alondes Williams to two-way deals after they were waived by the Pacers and Clippers, respectively. Swider cleared waivers on Sunday, while Williams will do so later today, assuming he goes unclaimed.

Swider, 25, played his college ball at Villanova and Syracuse before going undrafted in 2022. He spent his rookie season on a two-way contract with the Lakers and the 2023/24 campaign on a two-way deal with the Heat, appearing in 25 total NBA regular season games during that time.

Although the 6’8″ forward didn’t see much NBA action in his first two professional seasons, he excelled in the G League. In 21 outings last season for the Sioux Falls Skyforce, he averaged 24.5 points, 7.5 rebounds, and 2.9 assists per game on .485/.471/.846 shooting, knocking down an impressive 4.7 three-pointers per contest.

Swider was in camp with the Pacers this fall on a non-guaranteed deal and appeared to have a shot to make the team’s regular season roster. However, Indiana – without much breathing room below the luxury tax line – opted to keep its 15th roster spot open to begin the season, which freed up Swider to join the Pistons.

Swider and Williams will join Daniss Jenkins as Detroit’s two-way players to open the 2024/25 season.

Retweet 0 Share 0 Send via email0

Contract, Roster Deadlines Loom For NBA Teams

October 21st, 2024 at 7:40am CST by Luke Adams

We’re one day away from the start of the NBA’s 2024/25 regular season, making Monday the last day of the 2024 offseason. Today serves as the deadline for a number of contract- and roster-related decisions around the league. Here are the most important ones:

Rookie Scale Extensions

A total of 24 players entered the offseason eligible for rookie scale extensions.

Four of those players – Scottie Barnes, Cade Cunningham, Evan Mobley, and Franz Wagner – have already signed new deals, and a fifth (Moses Moody) has agreed to an extension that will be officially completed today.

That leaves the following 19 players eligible to sign rookie scale extensions on Monday:

The majority of these guys won’t sign new deals until the 2025 offseason, when they’re eligible for restricted free agency. But it would be a surprise if at least a couple more players from this list don’t finalize rookie scale extensions today.

Giddey, Green, Johnson, Kuminga, Murphy, Sengun, and Suggs are among the notable names in this group, but finding a price point that works for them and their respective teams may be a challenge. Some of the role players on this list who are willing to settle for more modest deals might also agree to terms today — Grimes is said to be a prime candidate for a new deal, for instance.

The deadline for rookie scale extensions is at 5:00 pm Central time.

Certain Veteran Contract Extensions

A veteran player who signed his current contract at least two years ago (or three years ago if it was a five-year deal) is eligible to sign an extension. That means many veterans around the NBA are eligible to sign contract extensions today, but that number will significantly drop as of tomorrow.

Once the regular season begins, only veterans in the final year of their contracts can sign extensions — a player who has multiple years remaining is no longer extension-eligible until the following offseason.

[RELATED: Hoops Rumors Glossary: Veteran Contract Extension]

Let’s use the Hawks as an example. Trae Young, Clint Capela, Larry Nance Jr., and Garrison Mathews are all eligible for veteran extensions right now, but Capela, Nance, and Mathews are on expiring deals, whereas Young is not. That means Capela, Nance, and Mathews will be able to sign extensions anytime between now and June 30, 2025, but Young’s eligibility window will close after Monday and won’t reopen until next July.

An extension-eligible veteran who has a player option for 2025/26 could still sign a new deal later in the ’24/25 league year, but he’d have to eliminate that option to do so. Picking up the option would make him ineligible to complete an extension between Tuesday and the start of the ’25/26 league year, since it would turn his contract into a multiyear deal, not an expiring one.

With the help of information from Bobby Marks of ESPN (Insider link), here are the 24 players who have a Monday deadline to sign a veteran extension if they want to lock in a new deal before next July:

A few of these players who are prime candidates for extensions aren’t expected to sign this year because they would qualify for more years and more money if they wait until next offseason.

That group includes Bridges, who continues to face extend-and-trade limitations due to his recent move to the Knicks, and Fox, who would become eligible for a super-max (Designated Veteran) extension if he makes an All-NBA team in 2025. It also includes Doncic and Gilgeous-Alexander, who have already met the performance criteria for super-max deals but won’t have enough years of service to sign them until after the 2024/25 season.

The deadline for veteran extensions for players on non-expiring contracts is at 10:59 pm CT tonight.

Regular Season Rosters

Nearly every NBA team finalized its roster cuts on Saturday for financial reasons, as we explained over the weekend. However, today is the official deadline to reduce offseason rosters to the regular season limit of 15 players on standard contracts (plus three on two-way contracts).

While there will could very well be some additional roster shuffling today as teams tweak their back-end roster spots or fill two-way openings, only one team – the Timberwolves – absolutely has to make a move, as we detailed on Sunday. Minnesota’s transaction appears likely to involve Keita Bates-Diop, though that’s not set in stone yet.

That roster move is due by 4:00 pm CT.

The final day of the offseason is also the last day for teams to convert Exhibit 10 contracts into two-way deals, but there are no candidates left after Kai Jones, Quincy Olivari, Liam Robbins, Yuki Kawamura, Mac McClung, Jamison Battle, Riley Minix, Tyrese Martin, E.J. Liddell, and Jazian Gortman were all converted on either Friday or Saturday.

The only player still on an Exhibit 10 deal is Bulls guard Talen Horton-Tucker, and he has too many years of NBA service to qualify for a two-way. The expectation is that Horton-Tucker will make Chicago’s standard opening night roster, meaning his Exhibit 10 contract will turn into a one-year, non-guaranteed deal and will begin counting against the salary cap.

Finally, Monday is the last day for a free agent to be signed-and-traded during the 2024/25 league year. However, there have been no indications that any sign-and-trades are in the works.

Retweet 0 Share 0 Send via email0

Knicks’ Achiuwa Strains Hamstring, Will Be Reassessed in 2-4 Weeks

October 20th, 2024 at 1:04pm CST by Alex Kirschenbaum

Knicks forward/center Precious Achiuwa has strained his left hamstring and will be sidelined for at least the next two-to-four weeks, New York has announced (Twitter link). At that point, the 6’8″ big man will have the injury reevalauted.

It’s a big blow for New York’s frontcourt depth, compounding the health issues the team was already facing in that department to kick off its 2024/25 season. New York is already expecting to be without center Mitchell Robinson until at least January.

Losing Robinson and now Achiuwa means the Knicks will have to lean on deeper-bench options behind All-Star big man Karl-Anthony Towns, with Jericho Sims seemingly the likeliest player to benefit from a major minutes uptick. Seven-foot rookie center Ariel Hukporti, the No. 58 pick in this year’s draft, could conceivably even get a look. Forwards such as OG Anunoby could also see action at the five in smaller lineups.

As James L. Edwards of The Athletic notes (via Twitter), the Knicks’ bench will be exceedingly green to start the year. Only three of the team’s healthy reserves have prior NBA playing experience.

New York first acquired Achiuwa as part of its trade for Anunoby midway through 2023/24. He proved his mettle as a talented two-way presence in the paint for a 50-win Knicks squad. Across his 49 contests with the team (18 starts), Achiuwa posted solid averages of 7.6 PPG, 7.2 RPG, 1.1 APG, 1.1 BPG and 0.6 SPG.

The Memphis alum earned a one-year, $6MM deal to stick with New York as a free agent this summer.

New York’s starting unit of Towns, Anunoby, All-NBA point guard Jalen Brunson, three-and-D shooting guard Josh Hart, and newly acquired All-Defensive forward Mikal Bridges is shaping up to be one of the most fearsome in the entire league. With health-related challenges emerging early on, it remains to be seen how head coach Tom Thibodeau will balance a desire to lean heavily on his starters for early wins with the team’s bigger postseason aspirations.

Retweet 0 Share 0 Send via email0

Pistons Plan To Sign Alondes Williams, Cole Swider

October 19th, 2024 at 5:43pm CST by Arthur Hill

The Pistons plan to sign Alondes Williams and Cole Swider, who were both placed on waivers this weekend, to two-way contracts, sources tell Shams Charania of ESPN (Twitter links).

Williams, a 25-year-old shooting guard, was released by the Clippers earlier today. He signed a two-way contract with Miami in February and made brief appearances in seven games. He also got into one game with Brooklyn during the 2022/23 season.

Swider, a 25-year-old small forward, was let go by the Pacers on Friday. He spent all of last season on a two-way deal with Miami, averaging 2.3 PPG in 18 games. He played seven games with the Lakers in 2022/23.

Williams and Swider will have to clear waivers before they can sign with Detroit. The 48-hour waiting period means Swider will become a free agent on Sunday and Williams will be available on Monday if they don’t get claimed.

The Pistons currently have 13 players with fully guaranteed contracts, along with Paul Reed, whose $7.7MM salary is non-guaranteed. Daniss Jenkins currently holds the team’s lone two-way deal.

Retweet 0 Share 0 Send via email0

Wizards Waive Jared Butler

October 19th, 2024 at 4:39pm CST by Luke Adams

The Wizards have waived guard Jared Butler, according to a press release from the club. Michael Scotto of HoopsHype first reported (via Twitter) that Butler was being cut by Washington.

The 40th overall pick in the 2021 draft, Butler spent time with Utah and Oklahoma City before playing for the Wizards in 2023/24. He was on a two-way contract for most of the season before being converted to a multiyear standard contract in April.

Butler appeared in a total of 40 NBA games last season, averaging 6.3 points, 3.2 assists, and 1.5 rebounds in 14.2 minutes per night, with a .488 FG%. He also had a strong preseason this month, with averages of 6.8 PPG and 4.2 APG on .536/.400/.667 shooting in five games (14.3 MPG).

Reporting leading up to the roster cut-down deadline indicated that the Wizards wanted to find a way to keep Butler, but he was on a non-guaranteed contract and the team is carrying 15 players on fully guaranteed deals. Hanging onto Butler would’ve meant trading or waiving a player with a guaranteed salary.

The front office explored the market to try to find a trade involving a player like Johnny Davis or Patrick Baldwin Jr., tweets Keith Smith of Spotrac, but wasn’t willing to give up a draft pick to move off either player or to eat money this early in the season by cutting one of them. That made Butler the victim of the roster crunch in D.C.

Butler is a candidate to be claimed on waivers, but if he becomes a free agent, he could return to the Wizards on a two-way contract. He’ll likely draw interest from other teams as a two-way target too.

Retweet 0 Share 0 Send via email0

Cavs’ Strus Expected To Miss At Least Six Weeks With Ankle Sprain

October 19th, 2024 at 4:22pm CST by Luke Adams

Max Strus sprained his right ankle during individual workouts on Thursday, according to the Cavaliers, who announced in a press release that the veteran swingman underwent an X-ray and an MRI to confirm the severity of the sprain.

The plan is for Strus to be reevaluated after going through six weeks of treatment and rehabilitation, per the team. That timeline suggests he’ll remain sidelined for all of November in addition to the rest of this month. The Cavaliers will play 20 games during that time.

Strus had missed some time this preseason due to a right hip contusion, but appeared to be on the verge of making it back for the team’s regular season opener, so this is a disappointing setback for him and for the Cavs, who had the 28-year-old in their starting lineup for 70 regular season games and 12 more playoff contests last season.

Strus was a solid contributor in his first year in Cleveland after signing a four-year, $62MM contract in free agency. He averaged 12.2 points, 4.8 rebounds, and 4.0 assists per game with a .351 3PT%.

With Strus on the shelf, the Cavs will likely lean more on sixth man Caris LeVert, who could move into the starting lineup. Sam Merrill, Dean Wade, Georges Niang, and Ty Jerome are among the other candidates for increased roles.

Retweet 0 Share 0 Send via email0

Suns Cut Frank Kaminsky

October 19th, 2024 at 4:11pm CST by Luke Adams

The Suns have placed veteran big man Frank Kaminsky on waivers, league sources tell Michael Scotto of HoopsHype (Twitter link). Duane Rankin of The Arizona Republic first reported (via Twitter) that Kaminsky wouldn’t make Phoenix’s opening night roster.

An eight-year veteran who has appeared in 413 regular season games, Kaminsky has a solid career résumé that includes averages of 8.8 points and 3.8 rebounds in 19.8 minutes per game, along with a three-point rate of 34.9% on 3.0 attempts per contest.

However, he was out of the NBA last season, which he spent in Serbia with Partizan Belgrade. On top of that, hanging onto him would cost the Suns exponentially more in projected tax penalties beyond his minimum-salary contract, so he was considered more of a luxury than a necessity.

It’s worth noting that Kaminsky’s training camp contract included Exhibit 10 language, which suggests he may be open to the idea of reporting to the Valley Suns and trying to earn another shot in the NBA by impressing at the G League level.

Having already waived their other non-guaranteed players, the Suns are now carrying 14 players on standard contracts and three on two-way deals, so their roster looks ready for the regular season.

Retweet 0 Share 0 Send via email0

Knicks Waive Landry Shamet, Chuma Okeke, T.J. Warren

October 19th, 2024 at 3:53pm CST by Luke Adams

3:53pm: The Knicks announced that they’ve officially waived Shamet, Okeke, and Warren (Twitter link).

Okeke and Warren were always considered long shots to make the team once Shamet emerged as the frontrunner, but if Shamet requires a lengthy recovery process, it’s possible one of them could return to the Knicks 14 days into the season when they need to add a 13th man (Ariel Hukporti is expected to be promoted from his two-way deal to become the 14th man).

Warren plans to join the Westchester Knicks and will be a candidate for a promotion at some point this season, Ian Begley of SNY.tv confirms (via Twitter).

3:44pm: The Knicks are waiving injured guard Landry Shamet, sources tell Shams Charania and Bobby Marks of ESPN (Twitter link).

As we covered in detail this week, Shamet left Tuesday’s preseason game against Charlotte with an injury and was subsequently diagnosed with a dislocated right shoulder. Prior to going down in that game, he appeared on track to make the Knicks’ roster on his non-guaranteed minimum-salary contract, having enjoyed a solid preseason in which he averaged 10.8 points per game in four appearances.

However, the Knicks have very little roster and financial flexibility — after accounting for their 12 players on guaranteed contracts, they’re only about $3.58MM away from their hard cap, which they can’t surpass at any point during the 2024/25 season. As such, hanging onto Shamet and continuing to pay him while he recovers from his shoulder injury isn’t the best use of the team’s limited resources.

According to Charania, the Knicks will likely open the season with just their 12 players on standard guaranteed contracts. They’re allowed to carry fewer than 14 players for up to two weeks at a time and for up to 28 total days during the 2024/25 season, so they’ll have to add 13th and 14th men during the first week of November. They’d like to eventually bring back Shamet when he recovers from his shoulder injury, Charania adds.

Because Shamet had Exhibit 9 language in his training camp contract, the Knicks were protected in the event of a preseason injury and will only owe the 27-year-old just $15K rather than having to continue to pay his minimum salary until he’s healthy.

While Charania and Marks didn’t explicitly report it, Charania’s claim that New York will likely open the season with just 12 players on standard deals suggests that the team will also waive Chuma Okeke and T.J. Warren, the other veterans on non-guaranteed contracts.

Retweet 0 Share 0 Send via email0

Clippers Convert Kai Jones To Two-Way Contract

October 19th, 2024 at 1:58pm CST by Tristan Tucker

3:05pm: Jones’ two-way deal is official, per NBA.com’s transaction log.

1:58pm: The Clippers are converting big man Kai Jones to a two-way contract from his previous Exhibit 10 pact, according to NBA insider Chris B. Haynes (Twitter link).

Jones, a former 19th overall pick, impressed in recent weeks. He averaged 8.0 points, 5.0 rebounds and 2.4 blocks in five preseason games, serving as L.A.’s primary backup center while Mohamed Bamba dealt with an injury. Head coach Tyronn Lue recently made sure to note Jones’ importance to the team.

The 6’11” Texas product spent the first two years of his career with the Hornets, but didn’t crack the rotation. That, paired with a personal mental health struggle, led to his release. He signed a 10-day contract with the Sixers in March but wasn’t brought back after it expired.

Jones then landed with the Clippers at the end of the regular season. He didn’t appear in a game last season, however. He had a team option for 2024/25, which was declined this offseason, before he was brought back on the Exhibit 10 contract.

The Clippers are still at the offseason limit of 21 players, but Jones being converted likely means we will see all of Elijah Harkless, Braxton Key and Alondes Williams — their other Exhibit 10 players — waived in the coming hours. The Clippers don’t have a vacant spot on their 15-man roster and they have all three two-way slots filled. They’re also reportedly planning on signing Tosan Evbuomwan, presumably to an Exhibit 10 deal in order to subsequently waive him and have him join their G League affiliate.

Retweet 0 Share 0 Send via email0

Bulls To Retain Talen Horton-Tucker

October 19th, 2024 at 1:14pm CST by Luke Adams

Talen Horton-Tucker will open the season with the Bulls, according to Jamal Collier of ESPN, who reports (via Twitter) that the sixth-year guard has made the team as its 15th man.

The 46th overall pick in the 2019 draft, Horton-Tucker spent his first three NBA seasons with the Lakers and his last two in Utah. While he showed some promise with each team and logged regular rotation minutes in each of the past four seasons, he hadn’t taken a significant step forward during that time — his 39.6% field goal percentage last season represented a career low.

Still, Horton-Tucker is just 23 years old (24 in November) and made a strong impression this fall in Chicago on a non-guaranteed Exhibit 10 contract.

The 6’4″ guard averaged 13.0 points per game in five preseason outings despite playing just 17.8 minutes per contest. He also took good care of the ball (0.8 turnovers per game) and knocked down three-pointers at a better rate (33.3%) than he has in any of his five NBA seasons.

Horton-Tucker is on a minimum-salary contract that will pay him $2,425,403 and will count against Chicago’s cap for $2,087,519 if it becomes fully guaranteed. For now, he’ll earn $13,939 for each day he spends on the roster, with the Bulls having the option of waiving him on or before January 7 to open up that 15th spot and avoid paying his full-season salary.

Barring any last-minute moves, the Bulls’ roster looks ready for the regular season, with 14 players on guaranteed contracts, Horton-Tucker on his non-guaranteed deal, and three players occupying the two-way slots.

Horton-Tucker is the first player on an Exhibit 10 contract confirmed to be making his team’s standard opening night roster.

Retweet 0 Share 0 Send via email0
Load More Posts