Newsstand Rumors | Hoops Rumors

Wolves Cut Matt Ryan, Convert Daishen Nix To Two-Way Deal

October 20th, 2023 at 1:20pm CST by Luke Adams

1:20pm: The moves are official, per RealGM’s transaction log.

11:16am: The Timberwolves are making a roster change ahead of the regular season, according to Shams Charania of The Athletic, who reports (via Twitter) that Minnesota will waive sharpshooter Matt Ryan and convert Daishen Nix‘s Exhibit 10 contract to a two-way deal.

Ryan appeared in 34 total games for the Lakers and T-Wolves in 2022/23, averaging 3.6 points in 9.1 minutes per game while making 38.1% of his three-point attempts.

Ryan’s ability to hit outside shots – he’s a career 40.1% three-point shooter in 37 G League regular season appearances – helped earn him a two-way qualifying offer from Minnesota in June, and he eventually accepted that QO in September. However, he’ll lose his two-way spot just a few days ahead of opening night.

Nix, 21, had a solid preseason for the Wolves after joining the team on a non-guaranteed camp deal, averaging 6.0 points and 3.3 assists in just 10.6 minutes per contest, with a red-hot shooting line of .571/.750/1.000.

The young guard already has 81 games of NBA experience under his belt with the Rockets, having spent the last two seasons in Houston. He averaged 3.7 PPG and 2.3 APG in 16.0 MPG (57 appearances) in 2022/23.

Nix will join Luka Garza and Jaylen Clark as Minnesota’s two-way players, while Ryan will become an unrestricted free agent if he passes through waivers without being claimed.

Andre Iguodala Confirms Decision To Retire

October 20th, 2023 at 8:48am CST by Luke Adams

Longtime NBA guard/forward Andre Iguodala has confirmed that he intends to retire as a player, telling Michael de la Merced of DealBook in The New York Times that he’ll focus going forward on his work as a start-up investor.

When Iguodala announced last September that he was re-signing with the Warriors, he indicated it would be his last season. However, following the conclusion of the 2022/23 campaign, he didn’t officially confirm that he still planned to hang up his sneakers and remained noncommittal this offseason about his next steps.

Speaking to DealBook, Iguodala said it has been “a blessing” to play in the NBA as long as he has (19 years) and admitted that he’s not sure if the decision to retire has “actually hit me yet.” According to de la Merced, the 39-year-old is directing his attention now to Mosaic, the $200MM venture capital fund that he’ll run with business partner Rudy Cline-Thomas.

Iguodala is also interested in owning an NBA franchise someday and currently has stakes in a pair of soccer teams – Leeds United (EFL) and Bay Area FC (NWSL) – as well as the San Francisco branch of the TGL, a golf league created by Tiger Woods and Rory McIlroy.

The ninth overall pick in the 2004 draft, Iguodala spent his first eight seasons with the Sixers, earning an All-Star nod during his final year in Philadelphia and recording the highest scoring averages of his career during that time (including 19.9 points per contest in 2007/08).

After being traded from the 76ers to the Nuggets and playing for one year in Denver, Iguodala headed to Golden State, where he spent eight of his final 10 years in the league, with two separate Warriors stints sandwiching a two-season run in Miami (2019-21). He won championships with the Warriors in 2015, 2017, 2018, and 2022 and earned NBA Finals MVP honors in ’15.

For his career, Iguodala averaged 11.3 points, 4.9 rebounds, 4.2 assists, and 1.4 steals in 32.1 minutes per game across 1,231 regular season appearances and played in another 177 postseason games. The former Arizona Wildcat also made the All-Defensive first team in 2014 and the second team in 2011.

Kings Waiving Jaylen Nowell, Two Others

October 20th, 2023 at 5:16am CST by Luke Adams

The Kings are waiving guard Jaylen Nowell following their preseason finale, reports Shams Charania of The Athletic (Twitter link).

Nowell averaged 10.8 points, 2.6 rebounds, and 2.0 assists in 19.3 minutes per game across 65 appearances in 2022/23 as a regular part of the Timberwolves’ rotation. However, after becoming an unrestricted free agent, he remained on the open market for nearly three months before eventually settling for an Exhibit 10 contract with Sacramento.

Most players who sign Exhibit 10 deals are waived before the regular season begins and then join their team’s G League affiliate. However, there was a sense that Nowell might have a path to a regular season roster spot, since the Kings only had 14 players on standard guaranteed contracts. With Nowell seemingly no longer in the mix for that spot, Sacramento may not carry a 15th man to start the season.

Nowell appeared in just two preseason games for the Kings, scoring five points on 1-of-6 shooting in 13 total minutes of action.

The Kings are also cutting center Jake Stephens and guard Dane Goodwin after signing them on Thursday, tweets Sean Cunningham of Fox 40 in Sacramento. According to Cunningham, both players will immediately head to Stockton to join the Kings’ G League team.

It’s unclear whether joining the Stockton Kings is also the plan for Nowell, but he’d receive a bonus worth $75K if he reports to the NBAGL club and spends at least 60 days there.

The moves will reduce Sacramento’s roster count to 17 players — 14 on standard deals and three on two-way contracts. While the Kings’ roster would be ready for the regular season, they could still sign-and-waive players for G League purposes or add a 15th man before Monday’s deadline.

Suns Waive Ishmail Wainright

October 19th, 2023 at 4:43pm CST by Dana Gauruder

The Suns are waiving forward Ish Wainright, Michael Scotto of HoopsHype tweets. The move has been announced in a press release, Gerald Bourguet of PHNX Sports tweets.

The Suns exercised their club option on Wainright’s contract in June but his salary remained non-guaranteed and wouldn’t have become fully guaranteed until January 10. Wainright dealt with a right calf strain during training camp, which didn’t help his cause.

As our roster count shows, the Suns had 17 players on standard contracts, including 15 with full guarantees. Wainright’s status was shaky entering camp and now he’ll be looking for another team.

Wainright, 29, appeared in 105 regular season games over the last two seasons. He appeared in 60 games last season, including two starts, averaging 4.2 points and 2.3 rebounds in 15.3 minutes per game.

Warriors Waive Javonte Green

October 19th, 2023 at 4:27pm CST by Rory Maher

The Warriors have waived Javonte Green, the team announced on Thursday (via Twitter).

Green, 30, has spent the past four seasons playing for Boston and Chicago. The 6’4″ guard/forward was limited to 32 games in 2022/23 due to a lingering right knee problem.

A strong athlete and defender who is limited offensively, Green holds career averages of 5.1 PPG and 2.8 RPG on .534/.342/.753 shooting in 186 regular season contests (15.8 MPG).

While it was previously reported that Green was expected to be waived and play for the Santa Cruz Warriors, Golden State’s NBA G League affiliate, we later learned that he had signed an Exhibit 9 contract, not an Exhibit 10 deal. That means he may not be headed to Santa Cruz after all, and it’s unclear what’s next for the former Radford Highlander, who played four seasons in Europe from 2015-19 after going undrafted.

Knicks Waive Knight; Sign Diakite, Goodwin

October 19th, 2023 at 4:18pm CST by Rory Maher

4:18pm: Knight has officially been waived. The Knicks have also signed free agents Mamadi Diakite and Brandon Goodwin to Exhibit 10 contracts (Twitter links). New York now has 20 players under contract.

4:09pm: The Knicks are waiving big man Nathan Knight, league sources tell Fred Katz of The Athletic (Twitter link).

As Katz notes, Knight was signed to a two-way contract, and New York also recently waived Jaylen Martin, so the team now has a pair of two-way spots open.

Knight, who starred in college at William & Mary, has played in 108 NBA games over the past three seasons after going undrafted in 2020. He spent his rookie season with the Hawks on a two-way deal and spent the past two seasons with the Timberwolves.

The Wolves had a minimum-salary team option on Knight for the 2023/24 season but turned it down and opted not to issue him a qualifying offer, so he became an unrestricted free agent on July 1. He signed a two-way deal with the Knicks a couple weeks later.

The 26-year-old forward/center holds career averages of 3.7 points and 2.0 rebounds in 7.8 minutes per night.

Sixers Hire Neil Olshey As Basketball Operations Consultant

October 19th, 2023 at 3:42pm CST by Rory Maher

Former Clippers and Trail Blazers executive Neil Olshey has been serving as a basketball operations consultant with the Sixers since early June, a team spokesperson tells Kyle Neubeck of PHLY Sports.

According to Neubeck, Olshey will report to general manager Elton Brand and president of basketball operations Daryl Morey, with his contract being “open-ended.” For now, Olshey’s focus is on college scouting, but that could change over time, Neubeck notes.

“I am grateful to Daryl and Elton for this opportunity to consult for a storied franchise like the 76ers,” Olshey said in a statement. “I’m thrilled to support a strong front office and contribute to the overall success of the team in any way I can.”

Olshey, 58, worked his way up the Clippers organization prior to being named general manager in 2010. A couple years later, he was hired by the Blazers as their new GM, serving in that role until December 2021, when he was terminated following a month-long investigation into workplace misconduct allegations. He was also Portland’s president of basketball operations.

The Sixers are aware of why Portland fired Olshey and are comfortable having him as a consultant, Neubeck writes. Part of that stems from Olshey’s “extensive executive coaching” over the past couple years, Neubeck adds.

“I’ve had a strong working relationship with Neil for nearly two decades,” Morey said in a statement to PHLY Sports. “I have always admired his approach to talent evaluation and think he’s been one of the very best in that area. I’m happy he’s consulting for our group. He’s already proven to be a valuable resource.”

Nets Waive Darius Bazley

October 19th, 2023 at 2:00pm CST by Rory Maher

2:00pm: Bazley has been released, according to the Nets (Twitter link).

12:56pm: The Nets intend to waive big man Darius Bazley, sources tell Shams Charania of The Athletic (Twitter link).

A former first-round pick (23rd overall in 2019), Bazley signed a one-year deal with Brooklyn this summer as an unrestricted free agent after he didn’t receive a qualifying offer from Phoenix. However, his contract was non-guaranteed, and he was trying to make the Nets’ opening night roster.

With Bazley set to hit the waiver wire, it seems as though Harry Giles and Trendon Watford might have secured roster spots. The three players — all of whom are on non-guaranteed deals — appeared to be competing for the final two spots on the 15-man roster, with Brooklyn having 13 players on guaranteed standard contracts.

A 6’8″ forward/center, Bazley holds career averages of 9.1 PPG and 5.3 RPG on .411/.310/.673 shooting in 228 regular season games (118 starts, 23.6 MPG) with the Thunder and Suns. He averaged 5.7 PPG, 6.3 RPG and 1.0 SPG while shooting 42.9% from deep in three preseason contests with the Nets and is expected to draw interest as a free agent, according to Charania.

The Nets will have 19 players under contract once Bazley is officially released. They have one two-way slot open.

Spurs Waive Khem Birch

October 19th, 2023 at 1:15pm CST by Arthur Hill

1:15pm: Birch has officially been waived, the Spurs announced in a press release.

10:09am: Center Khem Birch will be waived by the Spurs, sources tell Shams Charania of The Athletic (Twitter link).

Birch was part of the return San Antonio received when it traded Jakob Poeltl to Toronto in February. He never appeared in a game for the Spurs, as a right knee issue sidelined him for the rest of the season.

With 16 fully guaranteed contracts, San Antonio had to get rid of at least one of them before Monday’s league-wide cutdown date. Unless Birch gets claimed on waivers, the team will be on the hook for all of his $6,985,000 expiring deal.

The 31-year-old big man appeared in 20 games for Toronto last season, averaging 2.2 points and 1.3 rebounds in 8.1 minutes per night. He went undrafted out of UNLV in 2014 and played six NBA seasons with the Magic and Raptors.

Once the move is finalized, the Spurs will have 18 players on their preseason roster with one two-way spot open.

Sixers’ James Harden Misses Practice Again Thursday

October 19th, 2023 at 11:40am CST by Rory Maher

Sixers guard James Harden missed practice for the second consecutive day on Thursday, a source tells ESPN’s Adrian Wojnarowski (Twitter link).

A team spokesperson said Harden is “away from the team due to a personal matter,” tweets Kyle Neubeck of PHLY Sports.

Harden has reportedly been in Houston since Philadelphia’s practice on Sunday and is frustrated that he hasn’t been traded to the Clippers. The former league MVP requested a trade to Los Angeles after picking up his $35.6MM player option this summer.

Harden told reporters last week that he didn’t see a path to reconciliation with Philadelphia. He previously called president of basketball operations Daryl Morey a “liar” and that he would “never be a part of an organization that he’s a part of.”

Sam Amick of The Athletic reported yesterday evening that the Clippers and Sixers remain at an impasse in trade talks, despite more conversations in recent days. L.A. doesn’t want to bid against itself and has been unwilling to include Terance Mann in a deal, according to Amick.

Shams Charania of The Athletic reported on Tuesday that even though Harden has been professional when he’s been around the team, he hasn’t attended any of the 76ers’ preseason games, skipped at least one shootaround, and has only participated in one five-on-five scrimmage (on October 7) since rejoining the club. The 34-year-old was also absent for media day at the beginning of the month and missed the first day of training camp as well.

As Bobby Marks of ESPN noted on Wednesday (Twitter link), the fine for missing a practice is modest (starting at $2,500), but if Harden skips a game without the team’s consent, he could face fines of $389K per contest. It’s unclear if the missed practices the past couple days will be excused by the Sixers now that the team is saying Harden is attending to a personal matter.

For example, Ramona Shelburne of ESPN stated on Wednesday (video link) that Harden’s absence is the latest step in his desire to create an uncomfortable situation for the Sixers until he’s traded.

“Somebody close to him told me this is only the beginning of what he plans to do here,” Shelburne said.