Newsstand Rumors | Hoops Rumors

Knicks Hire Patrick Ewing As Basketball Ambassador

October 4th, 2024 at 9:25am CST by Rory Maher

The Knicks have hired Patrick Ewing as a basketball ambassador (Twitter link), a new position in which the Hall of Famer will assist both the basketball and business operations departments. ESPN’s Malika Andrews and Chris Herring were first to report the news.

“As I said the day my number 33 jersey lifted into the rafters at MSG, I will always be a Knick and I will always be a New Yorker,” Ewing said. “I can’t wait to get started in this new position and to officially be back with the organization I love so much. The Garden has always been my home and I’m looking forward to working with (president of basketball operations) Leon Rose, Coach (Tom) Thibodeau, the team and everyone else that makes this place so special.”

Sources tell ESPN that Ewing will work directly with Thibodeau and the front office in his new role.

A franchise legend, Ewing was selected by the Knicks with the No. 1 overall pick of the 1985 draft. He made 11 All-Star appearances, seven All-NBA teams, and earned three All-Defensive nods during his 15 seasons with New York and is the team’s all-time leading scorer.

The Knicks made two trips to the NBA Finals with Ewing, losing on both occasions (to the Rockets and Spurs, respectively).

As Herring writes, Ewing was a longtime NBA assistant coach following his playing career and was head coach at his alma mater, Georgetown, prior to being fired last year. He most recently served as a coaching consultant with the Hornets.

Ewing, who won two gold medals (in 1984 and 1992) with Team USA, was also named an assistant coach for USA Basketball ahead of the AmeriCup qualifiers in November and February, per a press release. Former Rockets coach Stephen Silas will serve as head coach for the qualifiers, while veteran NBA coach Keith Smart will be another assistant on Silas’ staff.

Pelicans’ Trey Murphy Out At Least 3 Weeks With Hamstring Strain

October 3rd, 2024 at 3:50pm CST by Rory Maher

Pelicans wing Trey Murphy sustained a right hamstring strain during Wednesday’s practice, the team announced (via Twitter). An MRI on Thursday confirmed the injury, and Murphy will be reevaluated in approximately three weeks.

The timing of the injury is certainly unfortunate for Murphy, who is eligible for a rookie scale extension until Oct. 21, the day before the 2024/25 regular season begins. It’s obviously discouraging news for New Orleans as well, which will be without one of its best shooters for the rest of training camp and preseason.

It seems likely that Murphy will miss some regular season games as a result of the injury. Soft-tissue injuries are notoriously tricky to manage, and Murphy will be reexamined in three weeks; that doesn’t mean he’ll be ready to play at that point. Three weeks from today is Oct. 24, and the Pelicans season-opener is Oct. 23 vs. Chicago. They also have five more games at the end of October.

Murphy, 24, was the No. 17 pick of the 2021 draft. The start of his ’23/24 season was delayed by knee surgery, which caused him to miss the team’s first 19 games. Overall, he averaged 14.8 PPG, 4.9 RPG, 2.2 APG and 0.9 SPG on .443/.380/.815 shooting in 57 regular season games last season (29.6 MPG).

Murphy will make $5.16MM in ’24/25, which is the final season of his rookie scale contract. If he doesn’t sign an extension this fall, he will be eligible for restricted free agency next summer.

Frank Vogel Joins Mavericks As Coaching Consultant

October 2nd, 2024 at 2:47pm CST by Luke Adams

After being fired by the Suns in the spring, Frank Vogel is working with the Mavericks as a coaching consultant, head coach Jason Kidd said today, according to Marc Stein (Twitter link). Kidd referred to Vogel as “part of our coaching staff.”

“It took a lot of begging,” the Mavs’ head coach joked, “but he was talked into it and I’m happy he said yes.”

It’s a reversal of roles for Kidd and Vogel, who previously worked together in Los Angeles. Kidd was an assistant on Vogel’s staff with the Lakers for two years from 2019-21 before accepting Dallas’ job three years ago. The two men won a title together with the Lakers in 2020.

Vogel still had four seasons left on the five-year contract worth a reported $31MM that he received from Phoenix in 2023, so he’s still getting pay checks from the Suns and didn’t have to rush into another job. Still, consulting for the Mavs will give him a chance to work with a colleague he’s comfortable with and to have a role with the reigning Western Conference champions.

In addition to having coached the Suns and Lakers, Vogel also had previous head coaching stints in Orlando and Indiana. Before that, he worked as an assistant for the Pacers, Sixers, and Celtics.

Knicks Officially Acquire Karl-Anthony Towns In Three-Team Trade With Wolves, Hornets

October 2nd, 2024 at 1:56pm CST by Luke Adams

The Karl-Anthony Towns blockbuster involving the Knicks, Timberwolves, and Hornets is now official, according to press releases from each of the three teams involved in the deal.

Word first broke last Friday night that an agreement had been reached, with more details reported on Tuesday. The full terms of the trade are as follows:

Knicks acquire Towns and the draft rights to James Nnaji.
Timberwolves acquire Julius Randle, Donte DiVincenzo, Keita Bates-Diop, and the Pistons’ 2025 first-round pick (top-13 protected; from Knicks).
Hornets acquire DaQuan Jeffries (sign-and-trade), Charlie Brown Jr. (sign-and-trade), Duane Washington (sign-and-trade), either the Nuggets’ or Sixers’ 2025 second-round pick (whichever is least favorable; from Timberwolves), the Warriors’ 2026 second-round pick (from Knicks), the Knicks’ 2031 second-round pick, and cash ($7.2MM; from Knicks).

“We are beyond excited to welcome Karl-Anthony Towns to the New York Knicks family,” Knicks president of basketball operations Leon Rose said in a statement. “Karl-Anthony brings a skillset that is unique to the game of basketball. He possesses a blend of playmaking, shooting, rebounding and defending that in combination with his size allows him to compete at a level that is rare in this league. Karl-Anthony has demonstrated throughout his career to be a high caliber player and person on and off the court who will complement the type of team and culture we continue to build in New York.”

Minnesota waived camp invitee Jaedon LeDee in order to accommodate the one-for-three swap, while Charlotte cut guards Marcus Garrett and guard Caleb McConnell to make room on its roster for the three incoming players.

Both the Wolves and Hornets are now at their 21-man preseason limits, while the Knicks have five open spots on their 21-man squad. They’ll reportedly fill one of those spots by re-signing Chuma Okeke.

Our original report on the trade includes more details on the on-court implications of the move for the Knicks and Timberwolves. We also discussed how it will affect New York’s ability to fill out the rest of its regular season roster.

Here are a few more additional notes on the transaction:

Randle received his full 15% trade bonus as part of the transaction, confirms ESPN’s Bobby Marks (via Twitter). That bumps the forward’s cap hit for 2024/25 from $28,939,680 to $33,073,920. The cap charge for Randle’s ’25/26 player option ($30,935,520) remains unchanged, since the trade bonus doesn’t affect option years.
Towns also had a trade kicker in his contract, but it’s voided because he’s already earning his maximum salary, Marks adds (via Twitter).
The three players the Knicks signed-and-traded to the Hornets will each earn exactly $1 more than their respective minimum salaries, per Marks. That works out to $2,425,404 for Jeffries, $2,237,692 for Brown, and $2,162,607 for Washington. Teams aren’t permitted to aggregate multiple minimum-salary contracts for matching purposes in offseason trades, and since Bates-Diop is on a minimum deal, Jeffries, Brown, and Washington couldn’t be. Fred Katz of The Athletic (Twitter link) has heard that the NBA “isn’t thrilled” about the way in which the Knicks circumvented that rule, but it’s technically legal.
The Hornets used their $7,983,000 room exception to accommodate those three incoming salaries, becoming the first team to take advantage of the new rule allowing clubs to use their non-taxpayer mid-level exception, room exception, or bi-annual exception to acquire a player via trade. Charlotte now has just $1,157,297 left on that exception.
The Timberwolves will create a $4,686,880 trade exception in the deal, which they’d be allowed to use this season despite being a second-apron team. Teams operating above either tax apron are prohibited from using trade exceptions that were generated during the previous season, but can use newly created TPEs.
Because they sent approximately $7.2MM to the Hornets in the deal, were responsible for paying Randle’s $4.13MM trade bonus, and will reportedly pay Partizan Belgrade an estimated $850K for Washington’s buyout, the Knicks are on the hook for more than $12MM in cash, separate from player salaries, as a result of the deal.

Mavs’ Doncic Sidelined With Calf Contusion

October 2nd, 2024 at 1:37pm CST by Luke Adams

All-NBA guard Luka Doncic has been diagnosed with a left calf contusion, the Mavericks announced today (via Twitter). According to the team, Doncic will be reevaluated in approximately one week.

Doncic has a history of left calf issues, though in the past he has dealt with primarily non-contact injuries (strains), whereas his latest ailment is the result of the calf taking a hit during a weekend workout in Dallas, per NBA reporter Marc Stein (Twitter link).

While it doesn’t sound as if the injury a serious one, it’s worth noting that the one-week timeline provided by the Mavericks doesn’t necessarily mean that Doncic will be recovered by that point — just that he’ll be evaluated then.

Still, there’s no reason to believe at this point that the superstar’s availability for the Mavs’ regular season opener on October 24 vs. San Antonio is in jeopardy, as Tim MacMahon of ESPN confirms (via Twitter).

Doncic was an MVP finalist last season after leading the NBA with 33.9 points per game to go along with 9.2 rebounds and a career-high 9.8 assists per contest. He also set new career bests in three-point percentage (38.2%) and three-pointers per game (4.1), then led Dallas to the first NBA Finals appearance of his career.

Wizards Hire Ish Smith As Scout

October 2nd, 2024 at 1:13pm CST by Luke Adams

The Wizards have hired veteran NBA point guard Ish Smith as a pro scout, team officials said on Wednesday, per Josh Robbins of The Athletic (Twitter link).

Smith, 36, appeared in 43 games for the Hornets last season and was on Charlotte’s roster until being waived at the trade deadline in February. However, after not catching on with a new team during the final two months of 2023/24 and not signing a new contract this offseason, it appears he’s moving onto the next stage of his career.

An undrafted free agent out of Wake Forest, Smith never stuck in one NBA city for long, but played in an impressive 805 regular season contests and 23 playoff games over 14 seasons from 2010-24. The six-foot point guard set an NBA record by suiting up for 13 different teams and had two separate stints with the Wizards, first from 2019-21 and then again at the end of the ’21/22 season.

In total, Smith averaged 7.1 points, 3.8 assists, and 2.4 rebounds in 19.2 minutes per game over the course of his career for the Wizards, Rockets, Grizzlies, Warriors, Magic, Bucks, Suns, Thunder, Sixers, Pelicans, Pistons, Hornets, and Nuggets.

Clippers Sign Terance Mann To Three-Year Extension

October 2nd, 2024 at 12:06pm CST by Dana Gauruder

OCTOBER 2: Mann’s extension is now official, the Clippers announced today in a press release.

“We place tremendous value on the competitiveness, consistency, durability, and hard work that T Mann continues to demonstrate year after year,” president of basketball operations Lawrence Frank said in a statement. “Since we drafted him in 2019, T Mann has turned himself into the ultimate glue guy, a two-way player who takes tough assignments and hits big shots. When we think about the qualities that make a young player a Clipper, we often wind up with a description of T Mann, and we’re thrilled he will remain a vital part of us.”

SEPTEMBER 27: The Clippers and guard Terance Mann have agreed to a three-year, fully-guaranteed $47MM contract extension, Shams Charania of The Athletic tweets. The new deal will run through the 2027/2028 season.

Mann, who is making $11,423,077 this season, had been due to enter unrestricted free agency next summer.

Mann, 27, was a second-round draft pick in 2019 who has far exceeded expectations. He made 85 starts during his first four seasons, then became a full-time starter in 2023/24.

Mann started 71 of 75 games last season and averaged 8.8 points, 3.4 rebounds and 1.6 assists per night. Although he hasn’t been asked to play a major role during his first five seasons, the 6’5″ wing is valued as a ‘glue guy,’ providing solid defense and playing within the framework of the team’s schemes.

“Super excited to re-sign with the team who has been with me from the beginning. It’s been a great five seasons with this organization and I’m excited to see where it goes from here,” Mann told ESPN’s Marc Spears (Twitter link).

Mann’s new salary is very reasonable for a starter, given that the salary cap is projected to increase by 10% annually in the coming years.

Mann will earn $15.5MM in 2025/26, when the extension begins, and will remain trade-eligible because the terms of the deal fall within extend-and-trade limits, per ESPN’s Bobby Marks (via Twitter)

The Clippers lost Paul George in free agency but the front office has been busy locking up their other starters. Kawhi Leonard signed a three-year extension last season, James Harden was re-signed in free agency and Ivica Zubac signed an extension earlier this month.

Hornets To Receive Three Second-Rounders, Three Players In Towns Blockbuster

October 1st, 2024 at 7:31pm CST by Dana Gauruder

The Hornets are receiving three second-round picks along with DaQuan Jeffries, Charlie Brown Jr. and Duane Washington Jr. as the third team in the Knicks–Timberwolves blockbuster trade, Shams Charania, Jon Krawczynski and Fred Katz of The Athletic report (via Twitter). A pair of those second-rounders are coming from the Knicks, while the Timberwolves will provide the other one.

The Knicks, of course, are acquiring Karl-Anthony Towns in the trade, while Julius Randle, Donte DiVincenzo, Keita Bates-Diop and a protected Pistons first-round pick controlled by New York are headed to Minnesota.

The Knicks will also receive the rights to 2023 draft pick James Nnaji from Charlotte, Katz tweets.

Jeffries has appeared in a total of 64 NBA games for four different teams. He saw action in 17 games off the bench for New York last season.

Brown has appeared in NBA games for five organizations since entering the league in 2019/20. He played eight games for the Knicks last season.

Washington has played a total of 79 games for Indiana and Phoenix. Washington, who didn’t appear in an NBA game last season, signed a two-year contract with Serbia’s Partizan Belgrade in July.

ESPN’s Bobby Marks provides more details on Charlotte’s haul (Twitter link). Minnesota is shipping a 2025 second-rounder (the least favorable of Denver’s or Philadelphia’s picks). The Knicks are giving up a 2026 pick that Golden State owed them and their own 2031 second-rounder.

The trio of veteran players are involved in sign-and-trades and Charlotte will also collect a total of $7.2MM in cash from the Knicks, Marks notes. That’s the maximum amount of cash a team can trade in 2024/25, so New York won’t be permitted to sent out cash in any subsequent deals.

The cash Charlotte receives will offset the salaries of the three players, who will earn a combined $6.8MM, Marks adds (Twitter link). The Hornets are using their room exception to make those acquisitions, making them the first team to take advantage of new rules allowing teams to trade for players using the non-taxpayer mid-level, room, or bi-annual exception.

Partizan and Washington will agree to a buyout freeing him up for the sign-and-trade deal, but Charlotte plans to waive him, so he could re-sign with the Belgrade-based club, Ian Begley of SNY TV tweets.

Nnaji, the 31st pick of the 2023 draft, is a draft-and-stash prospect who struggled to get rotation minutes with Spanish powerhouse Barcelona in ’23/24. He’s playing for Spain’s Girona on loan from Barcelona this season.

As we outlined on Saturday when we discussed the cap implications of the trade for the Knicks, they’ll have just 12 players under contract once the deal is official and won’t have enough room under their hard cap to carry two more players on veteran minimum deals.

In all likelihood, they’ll carry a 13th man on a minimum-salary contract (possibly Landry Shamet) and will promote either Kevin McCullar or Ariel Hukporti to the standard roster. They’d also have the option of signing a draft-and-stash prospect as their 14th man, though most viable candidates for an NBA roster spot are under contract with teams elsewhere.

“Legitimate Chance” Rockets, Sengun Will Agree To Extension

October 1st, 2024 at 4:00pm CST by Luke Adams

There’s a “legitimate chance” that the Rockets and big man Alperen Sengun will agree to terms on a rookie scale contract extension by the October 21 deadline, a source with knowledge of the negotiations tells Jonathan Feigen of The Houston Chronicle (subscription required).

Speaking to reporters on Monday, Sengun expressed a desire to get a long-term deal done.

“We’ve been talking,” he said. “I want to get the contract, and (the Rockets are) trying to negotiate with us and we’re trying to negotiate with them. So, it’s been good. We’re going to make it work. We still have time, you know, and hopefully we can make it work.”

Sengun, 22, enjoyed a breakout season in his third year in the NBA in 2023/24, finishing as a Most Improved Player finalist. He averaged 21.1 points, 9.3 rebounds, and 5.0 assists in 32.5 minutes per game across 63 outings (all starts).

While those numbers make Sengun a strong candidate for a lucrative extension this fall, there has been a belief that the Rockets may prefer to wait on a new deal, since doing so would allow them to maximize their cap flexibility. The Sixers took a similar approach last offseason with Tyrese Maxey, putting off a new contract until this summer for cap reasons. After using up their cap room this summer, the 76ers were able to go over the cap to re-sign Maxey using his Bird rights.

If he’s a restricted free agent next summer, Sengun would have a cap hold of approximately $16.3MM, approximately three times his 2024/25 salary of $5.42MM but still well below his potential first-year salary on an extension. He could earn a projected maximum of up to $38.7MM in 2025/26.

Fellow 2021 first-rounder Jalen Green is also eligible for a rookie scale extension up until October 21. He downplayed the urgency to reach a new deal with the Rockets.

“That’s not really the focus right now,” Green said. “Whatever happens, obviously I want to be here. But the main focus is the season. The main goal is (making the) playoffs. That’s where the focus is.”

Besides Sengun and Green, 18 other players are eligible for rookie scale extensions this fall. Scottie Barnes, Franz Wagner, Cade Cunningham, and Evan Mobley have already signed them.

Jalen Suggs, Magic Express Optimism About Extension

October 1st, 2024 at 12:48pm CST by Luke Adams

Magic guard Jalen Suggs is eligible for a rookie scale extension up until October 21 and expressed optimism on Monday at Orlando’s media day that he and the team will be able to work something out, as Jason Beede of The Orlando Sentinel relays. President of basketball operations Jeff Weltman echoed that optimism.

“Jalen is a big part of what we’re doing and everybody knows that,” Weltman said. “For the person that he is, for the player that he is, I’m always hopeful that we can get something done. We have great relations with his representatives. I know that Jalen wants to be a part of the Magic. He’s an integral part of the chemistry and the team on and off the court. … We’ve had communications with his reps, but beyond that I won’t speak on those conversations.”

The No. 5 overall pick in the 2021 draft, Suggs struggled to score efficiently during his first two NBA seasons but enjoyed a breakout year in 2023/24.

In 75 games (all starts), the 23-year-old averaged a career-high 12.6 points per game on .471/.397/.756 shooting while also chipping in 3.1 rebounds, 2.7 assists, and 1.4 steals per night. He earned a spot on the All-Defensive Second Team and showed up on Most Improved Player and Defensive Player of the Year ballots.

After the Magic parted with Markelle Fultz in free agency and opted not to pursue an upgrade at the point guard spot, Suggs figures to see a “significant” bump in offensive responsibilities, head coach Jamahl Mosley said on Monday. The fourth-year guard is welcoming that challenge.

“It’s something that I’ve wanted from the day I’ve stepped into this league,” Suggs said. “I wasn’t prepared for it (before). I wasn’t ready for it. God knew that and He slowed me down through injuries, bad times and trials, and really tested my resolve and how badly I wanted to be here. And I want to be here. I don’t want to be anywhere else.”

As we noted within our check-in on the Magic’s offseason, Suggs’ representatives at Wasserman Basketball will likely bring up the five-year, $131MM rookie scale extension Jaden McDaniels signed last fall in their conversations with Orlando’s front office.

The Timberwolves forward averaged 12.1 PPG with a .398 3PT% and excellent defense during the 2022/23 season before signing that contract, so Suggs’ reps could argue that their client deserves a similar deal, given his similar third-year numbers — or perhaps even a more lucrative one, after accounting for his added offensive responsibilities.

If Suggs and the Magic don’t agree to terms on an extension this fall, he’ll be eligible for restricted free agency next summer.