Newsstand Rumors | Hoops Rumors

Bulls Waive Onuralp Bitim, Kenneth Lofton Jr.

October 17th, 2024 at 10:30am CST by Dana Gauruder

The Bulls have waived Onuralp Bitim and Kenneth Lofton Jr., the team tweets.

Bitim was battling for the last spot on the roster on a non-guaranteed contract. The 25-year-old would have received $350K if he had made the opening night roster. He underwent surgery for a detached retina in the spring.

Bitim began last season on a two-way contract but was promoted to Chicago’s standard roster in February. After making his NBA debut on February 22, he appeared in 22 total games for Chicago, averaging 3.6 points and 1.5 rebounds in 12.0 minutes per contest, with a shooting line of .381/.273/.800.

Lofton, who signed an Exhibit 10 contract in August, began last season on the Grizzlies’ 15-man roster, but was waived in December. He spent a couple months on a two-way deal with Philadelphia, then was waived again in March and signed a rest-of-season contract with the Jazz, who cut him before his ’24/25 salary became partially guaranteed.

Assuming Lofton isn’t claimed, he’ll receive a bonus worth $77.5K if he joins the G League’s Windy City Bulls and remains with them for at least 60 days.

The Bulls camp roster now stands at 18, including a pair of two-way players.

These moves would seemingly improve the chances of Talen Horton-Tucker making the roster. He signed an Exhibit 10 contract last month.

Isaiah Hartenstein Fractures Left Hand

October 17th, 2024 at 8:49am CST by Dana Gauruder

Thunder center Isaiah Hartenstein, one of the summer’s top free agent acquisitions, sustained a small, non-displaced fracture in his left hand during the second half of Tuesday’s preseason game in Denver. He will be reevaluated in five-to-six weeks, the Thunder announced on Thursday.

Given that timeline, Hartenstein will be sidelined until at least late November.

The injury temporarily derails Oklahoma City’s plans for a bigger lineup pairing Hartenstein and Chet Holmgren. Oklahoma City was already dealing with frontcourt injuries — Jaylin Williams is nursing a right hamstring strain, while Kenrich Williams had a knee procedure last month.

Jalen Williams figures to reclaim the power forward starting role until Hartenstein returns.

Hartenstein had a breakout season with the Knicks in his walk year and cashed in, signing a three-year, $87MM deal with the Thunder that includes a team option for 2026/27. Hartenstein averaged 7.8 points, 8.3 rebounds, 2.5 assists, 1.2 steals and 1.1 blocks in 25.3 minutes per game last season. He also started 13 postseason contests with Mitchell Robinson sidelined.

Hartenstein had appeared in three preseason games with the Thunder.

Kings Sign Doug McDermott

October 16th, 2024 at 10:34pm CST by Luke Adams

10:34pm: The signing is official, tweets Sean Cunningham of KTXL.

1:50pm: The Kings have reached an agreement on a one-year contract with free agent sharpshooter Doug McDermott, reports Shams Charania of ESPN (Twitter link).

While there has been no confirmation that McDermott’s contract is guaranteed, it likely won’t be the same sort of sign-and-waive Exhibit 10 agreement we’ve seen so often in recent weeks for G League purposes.

McDermott is a 10-year NBA veteran who appeared in 64 regular season games in 2023/24 and the Kings have a pair of openings on their projected 15-man regular season roster after trading Jalen McDaniels to San Antonio, so there’s a clear path for him to claim a spot on the opening night squad.

McDermott, 32, is a career 41.0% three-point shooter across 655 total contests with the Bulls, Thunder, Knicks, Mavericks, Pacers, and Spurs. He spent the first half of last season in San Antonio before being traded to Indiana in the three-team deadline deal that sent Buddy Hield to Philadelphia.

Although McDermott was part of his teams’ rotations for much of the season, he averaged just 14.1 minutes per game, his lowest mark since his rookie year in 2014/15. In his reduced role, he contributed 5.5 points per night on .433/.410/.579 shooting.

Sacramento sent out Harrison Barnes, Sasha Vezenkov, and Chris Duarte in a pair of offseason deals, so it certainly won’t hurt the team to add another reliable outside shooter at the back end of its bench.

Assuming McDermott signed for the veteran’s minimum (which is highly likely) and makes the regular season roster, he’ll count against the Kings’ cap for about $2.09MM, leaving the team’s salary roughly $3.74MM below the luxury tax line with 14 players under contract.

Aron Baynes Retires From Basketball

October 16th, 2024 at 6:21pm CST by Arthur Hill

Former NBA center Aron Baynes has officially ended his basketball career, agent Daniel Moldovan of Lighthouse Sports announced (via Twitter).

The Australian native spent time with the Spurs, Pistons, Celtics, Suns and Raptors during his nine NBA seasons. He left the league after the 2020/21 season and played the last two years with the Brisbane Bullets of Australia’s National Basketball League.

Baynes, who will turn 38 in December, said last month that he didn’t feel ready to retire and was hoping for another opportunity in the NBL. That hasn’t materialized, so he decided to bow out.

After playing four years in Europe, Baynes signed with San Antonio midway through the 2012/13 season. He spent two more years with the Spurs and was a backup center on their 2014 title team. He signed with Detroit as a free agent in 2015 and moved on to the Celtics two years later. Boston traded him to Phoenix during the 2019 offseason, and he joined Toronto as a free agent in 2020.

Baynes played in 522 career games, averaging 6.0 points and 4.6 rebounds in 16 minutes per night.

Baynes was also a fixture for many years on the Australian national team, competing in numerous international tournaments, including three Olympics. He suffered a spinal cord injury at the Tokyo Games that sidelined him for more than a year.

Montrezl Harrell, Adelaide 36ers Agree To Rest-Of-Season Deal

October 16th, 2024 at 3:59pm CST by Luke Adams

Former NBA Sixth Man of the Year Montrezl Harrell has agreed to sign with the Adelaide 36ers of Australia’s National Basketball League for the rest of the 2024/25 season, agent Darrell Comer tells Michael Scotto of HoopsHype (Twitter link).

Harrell initially joined the 36ers as a short-term replacement for injured forward Jarell Martin, but has performed well enough to prompt the team to try to work out a deal to keep him around after Martin returns. Olgun Uluc of ESPN first reported that the two sides were in talks about a longer-term contract, noting that Adelaide will have to deactivate a local player in order to have both Martin and Harrell active.

Harrell, 30, has 515 regular season NBA appearances under his belt, with career averages of 12.1 points and 5.0 rebounds in 20.5 minutes per contest. He earned Sixth Man of the Year votes for four straight years from 2019-22 with the Clippers, Lakers, Wizards, and Hornets, winning the award as a Clipper in 2020 when he averaged 18.6 PPG and 7.1 RPG in 63 games.

The 6’7″ forward/center spent the 2022/23 season with the Sixers and re-signed with Philadelphia during the 2023 offseason, but suffered a torn ACL and medial meniscus tear shortly after finalizing that contract. That injury, which required surgery, cost him the entire ’23/24 campaign and prompted the 76ers to waive him last October.

Harrell has looked fully recovered during his first few games in Australia though. He has averaged a double-double in his first six games for the 36ers, scoring 15.7 points and grabbing a team-high 10.3 rebounds per contest.

The NBL regular season ends around the time of the NBA trade deadline in February, with the playoffs wrapping up in March. That means – as Scotto tweets – that if Harrell impresses in Adelaide, he’d be a free agent to watch in the late winter or early spring for NBA clubs seeking frontcourt help.

Pistons Waive Tosan Evbuomwan

October 16th, 2024 at 8:52am CST by Luke Adams

The Pistons have waived second-year forward Tosan Evbuomwan, reports Tim Bontemps of ESPN (Twitter link).

Evbuomwan had been on a two-way contract, so his release leaves Detroit with a pair of two-way openings. Daniss Jenkins is the only two-way player left on the roster.

After going undrafted out of Princeton in 2023, Evbuomwan spent his rookie season primarily with the Motor City Cruise, Detroit’s G League affiliate, though he signed 10-day contracts with the Grizzlies and Pistons midway through the year and then earned a two-way deal from the Pistons in February. That deal covered two seasons and kept him under contract with Detroit until now.

A 6’8″ forward, Evbuomwan averaged 5.9 points and 3.5 rebounds in 21.6 minutes per game in 17 total NBA appearances (eight starts) with Memphis and Detroit, posting a shooting line of .507/.375/.680. In 34 G League outings with the Cruise, he put up averages of 15.1 PPG, 8.6 RPG, and 3.8 APG on .554/.361/.754 shooting in 34.2 MPG.

The roster move suggests the Pistons may plan on converting one or two of their Exhibit 10 camp invitees to two-way contracts. Tolu Smith, Javante McCoy, Dereon Seabron, and Aaron Estrada are the candidates — Lamar Stevens is also in camp on an Exhibit 10 deal, but isn’t two-way eligible due to his four years of NBA service.

Detroit could also look outside the organization to fill one or both of those two-way openings.

Kings Trade Jalen McDaniels, Second-Round Pick To Spurs

October 16th, 2024 at 7:09am CST by Luke Adams

OCTOBER 16, 7:09am: The Spurs and Kings officially completed their trade on Tuesday, according to NBA.com’s transaction log.

As outlined below, the deal sent McDaniels, cash, and the Kings’ unprotected 2031 second-round pick to San Antonio in exchange for the Bulls’ top-55 protected 2025 second-round pick. Sacramento also created a $4.74MM trade exception.

The Spurs, who cut Isaiah Miller in order to complete the trade, also intend to waive McDaniels but haven’t officially done so yet.

OCTOBER 14, 5:15pm: The Kings are sending their 2031 second-round pick to San Antonio along with McDaniels and cash, Charania writes in his full story at ESPN.com.

The Spurs will send Sacramento the Bulls’ top-55 protected 2025 second-rounder, tweets Michael Scotto of HoopsHype. If it lands in the top 55, which is highly likely, San Antonio will keep the pick.

OCTOBER 14, 3:02pm: The Kings and Spurs have agreed to a trade that will send forward Jalen McDaniels and a second-round pick to San Antonio, reports Shams Charania of ESPN (Twitter links).

It’s a salary-dump deal for Sacramento, while San Antonio will take on McDaniels’ $4.74MM expiring contract in order to acquire that second-round draft pick. According to Charania, the Spurs intend to waive McDaniels after the trade is official, so his salary will remain on their cap as dead money for the rest of 2024/25.

The 52nd overall pick in the 2019 draft, McDaniels showed some promise during the first four years of his career, which he spent primarily in Charlotte. His height (6’9″), wingspan (7’0″), and athleticism made him a versatile piece on defense, and he displayed a little outside shooting ability, making 34.2% of his three-point tries with the Hornets. The Sixers traded for him at the 2023 trade deadline.

However, McDaniels’ production and playing time cratered last season in Toronto after he signed a two-year, $9.26MM contract with the Raptors. He was sent to Sacramento in another Kings salary dump at the start of the 2024 offseason — in that trade, the Kings sent Sasha Vezenkov and Davion Mitchell to the Raptors, trimming over $8MM in salary by moving off two players who were each due salaries over $6MM.

The Kings still had financial constraints entering the preseason though, with a total team salary of about $169.7MM for 14 players. That gave them just over $1MM in breathing room below the luxury tax line, making it impossible to open the season with a full 15-man roster while staying out of tax territory. They also have some players who have unlikely incentives in their contracts, so their team salary could rise higher if those bonuses are earned.

Last month, when we identified five teams who could make cost-cutting moves, we mentioned the Kings, singling out McDaniels as a trade candidate, given his contract situation and his place on the team’s depth chart. At the time, we suggested it would likely take a second-round pick to move off his deal, which turned out to be the case.

Once the trade is official, the Kings will be carrying 13 players on standard contracts (11 fully guaranteed) and will have enough spending room below the tax line to fill out their 15-man regular season roster with minimum-salary players. Of course, they could still choose to open the season with fewer than 15 players in order to maximize their flexibility, if they so choose.

Sacramento will also create a trade exception worth McDaniels’ $4.74MM salary.

For their part, the Spurs can comfortably take on McDaniels’ contract using a portion of their $8MM room exception, so no outgoing matching salary is required. The Spurs have one of the lowest team salaries in the NBA and will still have plenty of room below the tax line after eating that contract.

For their troubles, they’ll add another second-round pick to their growing collection of draft assets. The incoming pick from the Kings will be unprotected, while the Spurs will send back a heavily protected future second-rounder to make the trade legal, tweets Jeff McDonald of The San Antonio Express-News.

San Antonio has a full 21-man roster, so a player will have to be waived in order to make room for McDaniels — one of the Spurs’ camp invitees on an Exhibit 10 deal figures to be the roster casualty.

Grizzlies Convert Scotty Pippen Jr. To Four-Year Contract

October 15th, 2024 at 6:37pm CST by Dana Gauruder

6:37pm: Pippen Jr. has officially signed his new contract, the team’s PR department tweets.

5:02pm: The Grizzlies are promoting Scotty Pippen Jr. from his two-way contract to their standard roster and signing him to a new four-year deal, Michael Scotto of HoopsHype tweets.

Pippen appeared in 21 games for the injury-ravaged Grizzlies last season, including 16 starts, and averaged 12.9 points, 4.7 assists, 3.2 rebounds and 1.7 steals. He continued to play well in Summer League games, averaging 21.5 PPG, 8.7 APG and 5.0 RPG in six Las Vegas contests.

Pippen has the inside track at backing up Ja Morant if the club doesn’t acquire another point guard. Heading into camp, Pippen and Derrick Rose were the main candidates for that spot, but that changed quickly when Rose announced his retirement.

Pippen, 23, went undrafted in 2022. He signed a two-way deal with the Lakers that year and spent most of his time in the G League while appearing in six NBA contests. The Lakers waived him during training camp last October and he signed with the Grizzlies on that two-way contract in mid-January.

The Grizzlies will still have an open spot on their projected 15-man regular season roster, though they don’t necessarily need to add another player for opening night.

Pacers Sign, Cut Jahlil Okafor; Kendall Brown Also Waived

October 15th, 2024 at 4:40pm CST by Dana Gauruder

The Pacers have signed veteran big man Jahlil Okafor to an Exhibit 10 contract and subsequently waived him, according to a team press release. The team has also cut Kendall Brown.

Okafor was the third pick of the 2015 draft and began his career in Philadelphia but never quite lived up to his draft status. The 28-year-old has been out of the NBA since the 2020/21 season, when he appeared in 27 games with Detroit. He was traded to Brooklyn that summer and later signed with Atlanta, but wasn’t able to win a roster spot with either team.

Okafor resumed his basketball career overseas, playing in China and Spain before signing with a Puerto Rican team in February. He also spent time in the G League and was among the players selected by Phoenix’s new affiliate in the expansion draft in June. The Pacers’ affiliate, the Indiana Mad Ants, recently acquired Okafor’s rights in a G League trade.

Indiana’s intention to sign Okafor was reported late last month. The fact that it didn’t officially happen until now signals he never had a chance to make the regular season roster and that it was exclusively about getting him a bonus if he reports to the G League. Okafor will earn a bonus worth up to $77.5K if he joins the Mad Ants and remains with them for at least 60 days.

As for Brown, he had his two-way contract with the team last season converted into a three-year standard deal in March. However, the last two seasons of the new contract were non-guaranteed. He would have received $250K if he had made the opening-night roster.

The decision on Brown improves the chances of Cole Swider securing the 15th spot on the regular season roster.

By waiving Brown and his $2.1MM salary, the Pacers are now $2.5MM below the luxury tax with an open roster spot, ESPN’s Bobby Marks tweets.

Paul George Suffers Hyperextended Left Knee

October 14th, 2024 at 9:33pm CST by Dana Gauruder

Paul George left the Sixers’ preseason game against Atlanta on Monday with a hyperextended left knee, according to the team.

George, the biggest free agent acquisition of the offseason, suffered the non-contact injury during the first half. The injury puts George’s availability for the start of the regular season in jeopardy. Philadelphia opens at home against Minnesota on Oct. 23 and has three more regular season games before the end of the month.

George was signed away from the Clippers on a four-year, maximum-salary contract as Philadelphia’s top target. George appeared in 74 regular season games last season, the most he played since the 2018/19 season with Oklahoma City. He averaged 22.6 points, 5.2 rebounds and 3.5 assists per contest. He also played in all six postseason games against Dallas.

Sixers head coach Nick Nurse sounded somewhat optimistic about George’s injury after the game, Gina Mizell of the Philadelphia Inquirer tweets.

“Certainly trying to work him into things, and he wants to work into things, too. So this doesn’t give him a chance to do that,” Nurse said about George getting acclimated with his new teammates. “Hopefully, it’ll be OK so he’s back with us right away.”

George told Mizell he was “not too concerned” about his knee (Twitter link).

Sixers superstar Joel Embiid has already been ruled out for the rest of the preseason due to left knee management.