Newsstand Rumors | Hoops Rumors

Nuggets’ Vlatko Cancar Suffers Torn ACL

August 5th, 2023 at 11:08am CST by Tristan Tucker

Nuggets forward Vlatko Cancar suffered a torn ACL in his left knee on Friday while playing for Slovenia in an exhibition game against Greece leading up to the 2023 World Cup, per The Denver Post’s Mike Singer. According to Singer, there’s no timetable as of yet for the surgery.

A torn ACL typically necessitates upward of a year of recovery time, meaning it would be somewhat surprising to see Cancar suit up in 2023.

It’s unfortunate news for the 26-year-old, who began carving out a bigger role with the Nuggets last season. With Jeff Green and Thomas Bryant, along with hybrid guard Bruce Brown, departing Denver in free agency, it looked like Cancar was in line for an even larger responsibility this upcoming season.

Cancar is in the second year of a three-year, $6.8MM deal he signed in 2022. He has a team option for next season, his final year of club control before he hits the open market. Given that Cancar made noticeable strides last season and the fact that he’s been in Denver’s system for so long, it’s possible that the Nuggets will keep him around through next season, despite the injury.

The 6’8″ forward joined the Nuggets in 2019 after being selected by the team with the No. 49 overall pick in the 2017 NBA draft. In his first three seasons with Denver, Cancar averaged 2.3 points per game in 70 appearances. This past season, Cancar averaged 5.0 points and 2.1 rebounds in 60 contests (nine starts).

Cancar wasn’t just an important piece for the Nuggets, but also for Slovenia, who are aiming to medal in the World Cup. Cancar averaged 12.8 points in six games in the 2020 Olympics and averaged 11.6 points in seven EuroBasket contests in 2022.

Ricky Rubio Pausing Career To Focus On Mental Health

August 5th, 2023 at 10:11am CST by Tristan Tucker

Cavaliers guard Ricky Rubio, the MVP of the 2019 FIBA World Cup, won’t be participating in the 2023 World Cup this summer, announcing in a statement through the Spanish Basketball Federation (Twitter link) that he’s taking a break from basketball to focus on his mental health.

“I have decided to stop my professional activity to take care of my mental health,” Rubio said. “I want to thank all the support I have received from the FEB (Federación Española de Baloncesto) to understand my decision. Today #LaFamilia makes more sense than ever. Thank you. I ask to respect my privacy to be able to face these moments and to be able to give more information when the time is right.”

Rubio’s Spanish teammates Willy Hernangomez, Rudy Fernandez and Sergio Llull were among those who took to social media to post messages in support of his decision, while Spain head coach Sergio Scariolo wrote in depth about Rubio.

“In La Familia, people have always come before results,” Scariolo said. “All my love and support to Ricky, and my admiration for his transparency and, through it, his ability once again to lead by example.”

The decision to release the news through the Spanish Basketball Federation – rather than the Cavaliers – suggests that, for now, Rubio’s hiatus will only affect the national team. But with no timeline specified for his return to basketball, there’s no guarantee he’ll be available this fall for Cleveland. Of course, Rubio’s mental well-being comes before basketball.

Rubio, 32, is a 12-year NBA veteran who has made 712 total appearances (614 starts) across the regular season and playoffs. The Spanish guard began his career as the fifth overall pick in the 2009 NBA draft by the Timberwolves. He stayed in Spain for a couple more seasons before suiting up for Minnesota in 2011. After departing the Wolves, Rubio made stops in Utah and Phoenix before rejoining the Timberwolves in 2020/21. Following that season, Rubio was acquired by Cleveland via trade.

The veteran guard hasn’t yet played a full season with the Cavaliers. Rubio tore his ACL in December 2021 after appearing in 34 games for Cleveland and thus, wasn’t able to make his ’22/23 debut until January 2023.

Frank Ntilikina Signs With Hornets

August 5th, 2023 at 9:56am CST by Luke Adams

AUG. 5: Ntilikina’s deal with the Hornets is official, per team release (Twitter link).

AUG. 4: The Hornets are signing free agent guard Frank Ntilikina to a one-year contract, agents Sam Rose and Olivier Mazet tell Adrian Wojnarowski of ESPN (Twitter link).

Wojnarowski says that Ntilikina’s deal will be partially guaranteed, while Rod Boone of The Charlotte Observer (Twitter link) hears that it will be non-guaranteed — we’ll have to wait for more clarity on the exact details, but it’s a safe bet it’ll be worth the veteran’s minimum.

Ntilikina, who turned 25 last week, was selected eighth overall in the 2017 draft by the Knicks. He spent his first four NBA seasons in New York before joining the Mavericks for the last two years.

Ntilikina has never developed into much of an offensive threat at the NBA level, averaging a modest 4.8 points and 2.2 assists per game in 316 career contests (17.1 MPG), with a shooting line of .371/.323/.760. However, he’s considered a strong perimeter defender.

While Ntilikina’s partially guaranteed contract won’t necessarily assure him of a regular season roster spot in Charlotte, he has the opportunity to follow in the footsteps of another former Knicks guard who was drafted in the 2017 lottery – Dennis Smith Jr. earned regular playing time in the Hornets’ rotation last season due to his strong defensive play. He parlayed that showing into a guaranteed contract with Brooklyn this offseason.

Charlotte only has 12 players on fully guaranteed contracts – not counting restricted free agent P.J. Washington – and doesn’t have much point guard depth behind starter LaMelo Ball, so Ntilikina should have an inside track on a 15-man roster spot as long as he performs well in training camp. It’s also worth noting that two-way player Theo Maledon is still a restricted free agent, so his potential return could affect Ntilikina’s role in Charlotte.

If Ntilikina doesn’t claim a spot on the Hornets’ 15-man roster, it will be interesting to see whether the Frenchman catches on with another team or considers a move back to Europe. As Sportando relays, there had been rumors that French club ASVEL Basket made an offer to Ntilikina.

Terrence Williams Sentenced To 10 Years In Prison

August 3rd, 2023 at 8:45pm CST by Alex Kirschenbaum

Former Nets swingman Terrence Williams has been sentenced to 10 years in prison for defrauding the NBA’s Health and Welfare Benefit Plan for former players, per Priscilla DeGregory of The New York Post.

In 2021, Williams and 17 other ex-NBA pros were charged for an elaborate plot to steal $5MM from the league. Last year, he pled guilty to coordinating the scheme, which required he and his fellow ex-players cumulatively submit at least that amount in phony claims between 2017 and 2021. Williams also earned $346K in kickbacks for setting up the operation, DeGregory notes.

The most notable name on the list of additional players charged was former six-time All-Defensive Team shooting guard Tony Allen, who won a title with the Celtics as a reserve in 2008.

As part of an already established plea agreement, Williams was also ordered to pay $3.1MM in restitution and forfeitures. $2.5MM of that sum will be doled out in restitution to the league’s health care plan, while $650K will be forfeited to the federal government.

“Williams recruited medical professionals and others to expand his criminal conspiracy and maximize his ill-gotten gains,” the case’s prosecutor said, per DeGregory. “Williams not only lined his pockets through fraud and deceit, but he also stole the identities of others and threatened a witness to further his criminal endeavors.”

The then-New Jersey Nets selected Williams with the No. 11 pick in the 2009 draft out of Louisville. He spent just a year-and-a-half with the Nets, and subsequently bounced around during a brief four-season NBA career. Across 153 regular season games with the Nets, Rockets, Kings and Celtics, Williams averaged 7.1 PPG on .412/.317/.659 shooting splits, 3.6 RPG, 2.4 RPG and 0.5 SPG.

In addition to a later stint with the Lakers’ NBAGL affiliate, then called the Los Angeles D-Fenders, the 6’6″ shooting guard/small forward also played for international clubs in China, Turkey, the Dominican Republic, the Philipines, Puerto Rico, Mexico, Israel, and Venezuela.

Nets Sign Trendon Watford

August 3rd, 2023 at 3:25pm CST by Rory Maher

3:25pm: Watford’s contract is non-guaranteed, per NetsDaily (Twitter link).

2:27pm: The Nets have signed free agent forward/center Trendon Watford, the team announced (via Twitter).

According to Brian Lewis of The New York Post, Watford received a standard contract (Twitter link). It’s unclear if the deal is guaranteed.

Watford was surprisingly waived by the Trail Blazers at the end of June before his minimum-salary contract for 2023/24 became guaranteed. He went unclaimed and became an unrestricted free agent a couple days later.

The 22-year-old averaged 7.4 points, 3.8 rebounds and 2.1 assists with a shooting line of .560/.391/.720 in 62 appearances (19.1 MPG) in 2022/23.

Watford, who played two seasons of college ball at LSU, went undrafted in 2021 and caught on with the Blazers, initially signing a two-way deal. His contract was converted to a standard deal in February 2022 during his solid rookie season.

After officially signing Watford, the Nets are now carrying 17 players on their roster — 15 on standard contracts and a pair on two-way deals.

Sale Of Hornets Finalized

August 3rd, 2023 at 9:34am CST by Arthur Hill

The purchase of Michael Jordan’s majority stake in the Hornets by a group led by Gabe Plotkin and Rick Schnall has been finalized, the team announced in a press release. The sale was approved by the NBA’s Board of Governors last month.

Plotkin and Schnall will immediately take over controlling interest in the team. They will serve as co-chairmen of Hornets Sports & Entertainment and will rotate the governorship every five years, starting with Schnall.

“Our vision is to take the Hornets to the next level, both on and off the court,” the new owners stated in the release. “We will look to build a highly competitive basketball team, develop innovative business practices, give back to our community and connect with our fans. We plan to further invest in the team, the facilities and the fan experience, with the goal of delivering a winner to our fans throughout the Carolinas. We are confident that our successful business backgrounds and our previous experience as NBA minority owners will be beneficial as we shape the future of the franchise as a best-in-class organization.”

Schnall had been a minority owner of the Hawks and an alternative on the league’s Board of Governors since 2015. Plotkin has held a minority stake in the Hornets since 2019 and served as a Board of Governors alternate as well. Their ownership group includes entertainers J. Cole and Eric Church, who are both from North Carolina.

Jordan, who has owned the team since 2010, will remain a minority owner and an alternate governor, the press release confirms. The purchase price isn’t disclosed, but ESPN’s Adrian Wojnarowski has reported that the franchise is being valued at $3 billion for the sale.

“The opportunity to be the majority owner of the Charlotte Hornets in my home state of North Carolina for the last 13 years has been a tremendous honor,” Jordan said. “I’m proud of all that the organization accomplished: the exciting on-court moments, the return of the Hornets name, Charlotte hosting the 2019 NBA All-Star Game and HSE becoming a true pillar of this community. Through the years, the unwavering commitment, passion and loyalty of our Hornets fans has been incredible.

“As I transition into a minority ownership role, I’m thrilled to be able to pass the reins to two successful, innovative and strategic leaders in Gabe and Rick. I know the Hornets organization is in great hands moving forward. I’m excited about the future of the team and will continue to support the organization and the community in my new role in the years ahead.”

Sixers’ Montrezl Harrell Has Torn ACL, Meniscus

August 2nd, 2023 at 3:41pm CST by Luke Adams

Sixers center Montrezl Harrell underwent an MRI on Wednesday to evaluate swelling in his right knee following offseason workouts, and the results weren’t good. According to the team, Harrell has been diagnosed with a torn ACL and a medial meniscus tear (Twitter link via Keith Pompey of The Philadelphia Inquirer).

It’s a brutal blow for both Harrell and the Sixers, who re-signed the big man to a guaranteed one-year, minimum-salary contract last month after he turned down a player option to reach free agency.

Harrell, 29, didn’t see significant playing time in Philadelphia’s rotation last season, averaging 5.6 points and 2.8 rebounds in just 11.9 minutes per game across 57 appearances.

However, the 76ers will have a new head coach in 2023/24, with Nick Nurse replacing Doc Rivers, so Harrell wasn’t necessarily in line for the same limited role going forward. In his previous five seasons, he had put up 14.5 PPG and 5.9 RPG in 361 games (23.3 MPG), earning Sixth Man of the Year honors in 2020.

The Sixers’ announcement today didn’t include any sort of recovery timeline for Harrell, but a torn ACL typically requires upwards of a year – if not more – to come back from. We’ll have to wait more clarity on the veteran’s prognosis and the team’s plans for him, but if the injury is deemed season-ending and Philadelphia is comfortable eating the salary and accompanying luxury tax hit, Harrell could be waived to open up a roster spot for another player.

The 76ers should still have a good amount of depth up front with or without Harrell. Mohamed Bamba, Paul Reed, and Filip Petrusev are expected to compete for frontcourt minutes behind reigning MVP Joel Embiid.

Devonte’ Graham Suspended Two Games By NBA

August 2nd, 2023 at 1:20pm CST by Luke Adams

Spurs guard Devonte’ Graham has been suspended without pay for two games by the NBA, the league announced today in a press release (Twitter link).

The suspension stems from a 2022 misdemeanor charge of driving while impaired. Graham pleaded guilty to the charge in June and was subsequently sentenced to 12 months of probation, per TMZ Sports.

As TMZ details, Graham was initially charged in July 2022 after police alleged that he was driving 63 miles per hour in a 40 MPH zone while intoxicated in his hometown of Raleigh, North Carolina. The incident occurred at around 3:00 am.

Graham was a member of the Pelicans at the time of his arrest but was traded from New Orleans to San Antonio at the 2023 deadline in a deal involving Josh Richardson. He appeared in a total of 73 games for the two teams last season, averaging 7.4 points and 2.7 assists in 18.3 minutes per night, with a shooting line of .374/.352/.748.

Graham remains under contract with the Spurs on a guaranteed $12.1MM cap hit for 2023/24; his contract also covers ’24/25, but only $2.85MM of his $12.65MM salary for that year is guaranteed.

The two-game suspension, which Graham will serve during the first two games of the 2023/24 regular season as long as he’s healthy and remains under contract, will cost him $166,897. That figure represents 2/145ths of his $12.1MM salary.

If the Spurs, who are facing a potential roster crunch this fall, waive Graham prior to the season and he doesn’t sign a new contract right away, he’ll be considered to have served his suspension following San Antonio’s third game of the season.

Celtics Waive Justin Champagnie

August 1st, 2023 at 4:22pm CST by Dana Gauruder

The Celtics have waived swingman Justin Champagnie, Shams Charania of The Athletic tweets.

Champagnie, 22, appeared in two regular season and four postseason games for Boston last season. The front office had a deadline today regarding Champagnie’s contract. He had a $50K guarantee if he remained on the roster through Tuesday.

Champagnie signed a two-year, minimum-salary contract in April but it was non-guaranteed for next season. By shedding Champagnie, the Celtics now have two openings on the 15-man roster.

He could benefit in the long run, Blake Murphy of Sportsnet notes (Twitter link). This frees him up to seek a two-way or camp deal where he could conceivably end up with more guaranteed money — the maximum Exhibit 10 bonus and the partial guarantee on a two-way contract are each worth $75K.

After going undrafted out of Pittsburgh in 2021, the 6’6″ swingman inked a two-way deal with the Raptors for the 2021/22 season. The team brought him back aboard for 2022/23, but after he had appeared in just three games for Toronto, he was cut in December.

Latest On Damian Lillard

August 1st, 2023 at 11:09am CST by Tristan Tucker

The Trail Blazers remain “disinclined” to engage with the Heat about a potential trade package to send Damian Lillard to Miami, according to the Miami Herald’s Barry Jackson (Twitter link), who says that Portland is “acting disinterested” in dealing the star guard to the Heat.

Jackson’s update comes on the heels of a TV appearance by ESPN’s Adrian Wojnarowski in which he reported that there has been little traction on a deal involving Lillard with Miami or any other team. According to Wojnarowski, the biggest impediment to a deal is Lillard’s contract — he’s due $45.6MM in 2023/24 and will make an average of $60MM in the final two years of his four-year deal — rather than his desire to end up in Miami.

Meanwhile, The Athletic’s Shams Charania hears that the Heat are preparing an offer for Lillard that would include three or four first round picks going to Portland. According to Charania, the framework of a potential Lillard-to-Miami deal would involve the aforementioned picks, expiring contracts, at least one young player, and Tyler Herro being re-routed to a third team, as well as possibly pick swaps and second-round picks.

The Heat only have one expiring contract with a significant salary, Kyle Lowry‘s $29.7MM deal. Miami’s 2023 first round selection Jaime Jaquez Jr. and Nikola Jovic fit the bill for young players who could interest Portland.

Miami is currently ineligible to trade more than two of its own future first-round picks due to the Stepien rule, but there are scenarios in which the club could free up an extra first-rounder or two — a third team that acquires Herro may also be willing to send a first-round pick to Portland.

All of this reporting comes in the wake of a July 28 memo sent out by the league warning Lillard and his agent, Aaron Goodwin, about discouraging non-Heat teams from pursuing the seven-time All-Star.

Portland general manager Joe Cronin is clearly in no rush to send one of the best players in franchise history away, especially if Miami’s package isn’t strong enough. With training camp just under two months away, Cronin could opt to hold Lillard until the last minute or, if nothing comes to fruition, could even hold him into the season. As Jackson notes (Twitter link), it took two other recent prominent trade demands (Kevin Durant and Anthony Davis) around seven months to be moved following their requests.

On the other hand, if Lillard and his camp continue to make things uncomfortable, you’d think Cronin would begin to become more receptive to Miami’s offers. The Heat lost key contributors from their 2023 Finals roster in free agency and haven’t been able to add many other players from this year’s free agent class due to not knowing how many roster spots will be up for grabs if a Lillard trade occurs. In other words, the Heat’s push for Lillard could get more urgent, allowing the Blazers to extract more value. If Cronin wants more picks, the Heat could look to trade pieces like Caleb Martin for assets, for example.

Regardless, it doesn’t appear as though anything on the Lillard trade front is imminent or even close to it, at this point.