Newsstand Rumors | Hoops Rumors

Evan Fournier To Sign With Olympiacos

September 2nd, 2024 at 11:26am CST by Arthur Hill

11:26am: Fournier’s deal with Olympiacos covers two years and is worth more than $4MM, sources tell Shams Charania of The Athletic (Twitter link).

10:24am: Fournier has decided to accept the offer from Olympiacos and is finalizing a three-year contract, tweets Aris Barkas of Eurohoops.

9:03am: Olympiacos is among the European teams talking to longtime NBA guard Evan Fournier, according to Pantelis Diamantopoulos of Sport24.

With few NBA roster spots still available, Fournier has “started to ferment” the idea of returning to Europe, according to Diamantopoulos. A report late last week indicated that several clubs from Spain, Italy and France have either made formal offers or expressed interest in signing him.

Diamantopoulos states that Fournier wants to join a team with a legitimate shot at winning the EuroLeague and has already turned down Milan. Olympiacos reached the EuroLeague Final Four last season and upgraded its roster this summer with the addition of former Kings power forward Sasha Vezenkov.

Fournier is seeking a salary of two million Euros (roughly $2.2MM) from interested teams, which could present an obstacle to a deal with Olympiacos, reports Konstantinos Melagies of Gazzetta in Greece. Melagies adds that the “red and whites” already have a large roster in place, and coach George Bartzokas likes the players he has now. The team may have to give up additional money to part with any of its current contracts. However, Melagies believes that Olympiacos may be motivated to make another big move in hopes of winning a title while celebrating its 100th season.

After helping France capture a silver medal at the Olympics last month, Fournier and his agent approached NBA teams to see if there was any renewed interest, according to Melagies, but the effort was unsuccessful. He describes negotiations as “hot” and states that a resolution is expected within the next few days.

Fournier, 32, began last season with the Knicks but only appeared in three games before being traded to Detroit at the February deadline. He has previous experience in Europe, playing for JSF Nanterre and Poitiers Basket 86 in France before coming to the NBA, where he has spent the past 12 seasons.

Grizzlies’ GG Jackson II Injures Foot, Requires Surgery

August 30th, 2024 at 7:47pm CST by Dana Gauruder

Grizzlies second-year forward GG Jackson II has suffered a foot injury that will require surgery, according to a team press release (Twitter link).

Jackson sustained the injury playing basketball outside of Dallas on Tuesday. He attempted a contested layup and experienced an unstable landing on his right foot.

Subsequent imaging revealed a broken fifth metatarsal in his right foot. The surgery is scheduled to be performed on Wednesday.

Memphis was snake-bit by injuries last season and its run of bad luck continues with Jackson’s offseason ailment.

Jackson excelled in the Las Vegas Summer League last month, getting named to the All-Summer League First Team.

In his first season, Jackson earned All-Rookie Second Team honors. Jackson was the only All-Rookie member who wasn’t drafted in the first round; he was selected 45th overall in 2023 and initially signed a two-way contract before being promoted to the 15-man roster in February. He received a four-year deal at that time.

Jackson appeared in 48 games, including 18 starts. He averaged 14.6 points and 4.1 rebounds in 25.7 minutes per contest, attempting an average of six 3-pointers per game and making 35.7%.

The 6’9” Jackson projects as a backup at both forward spots but he’ll likely miss some early-season action as his foot heals.

Celtics Sign Lonnie Walker To Exhibit 10 Deal

August 30th, 2024 at 3:56pm CST by Alex Kirschenbaum

AUGUST 30: Walker’s Exhibit 10 deal is official, according to RealGM’s transaction log.

AUGUST 28: The Celtics are signing free agent shooting guard Lonnie Walker IV, reports Adrian Wojnarowski of ESPN. According to Shams Charania of The Athletic (via Twitter), Walker will receive an Exhibit 10 training camp contract.

The 6’4″ swingman will be competing for the reigning champs’ 15th and final regular season roster spot. If Walker is waived before the regular season begins and decides to play in the G League with the Celtics’ affiliate, his Exhibit 10 contract would make him eligible for a bonus worth up to $77.5K.

Should he make Boston’s regular season roster, Walker could actually compete for rotation minutes off the bench, at least during the regular season. Kevin O’Connor of The Ringer notes (via Twitter) that the veteran wing connected on almost 40% of his catch-and-shoot three-point tries across his past two seasons, while with the Lakers and Nets.

The 25-year-old is also deceptively athletic, and can finish effectively around the rim when given more extended time on the ball.

The high-flying guard spent his first four pro seasons with the Spurs, who selected him with the No. 18 pick out of Miami in 2018. He spent 2022/23 with the Lakers, providing useful bench minutes sporadically during L.A.’s run to the Western Conference Finals. In 2023/24, while on the lottery-bound Nets, Walker averaged 9.7 points, 2.2 rebounds, 1.3 assists and 0.6 steals across 17.4 minutes per game, with a shooting line of .423/.384/.763.

Boston’s interest in Walker dates back at least to last season. Ahead of February’s trade deadline, the Celtics inquired with Brooklyn about a potential deal for Walker, tweets Jake Fischer of Yahoo Sports.

Omer Yurtseven Signs With Panathinaikos

August 30th, 2024 at 9:08am CST by Luke Adams

Free agent center Omer Yurtseven has signed a contract with Panathinaikos, the Greek club announced today in a press release. The two sides worked out an agreement after Panathinaikos’ interest in Yurtseven was reported several weeks ago, finalizing a two-year deal that includes a second-year option.

Yurtseven, 26, spent the past three seasons in the NBA, appearing in a total of 113 games for the Heat and Jazz during that time and posting averages of 5.0 points and 4.6 rebounds in 11.8 minutes per contest.

The seven-footer showed promise as a rookie in 2021/22, earning backup center minutes for the Heat for a significant chunk of the season, but was limited to just nine appearances the following year due to an ankle injury. He inked a multiyear contract with the Jazz during the 2023 offseason, but it wasn’t guaranteed for 2024/25, so Utah cut him loose at the start of free agency.

Yurtseven’s deal with Panathinaikos will reunite him with head coach Ergin Ataman, who also coaches the Turkish national team. In a statement passed along by the team, the big man cited Ataman’s presence as a “very important” factor in his decision to join the Greek club.

Panathinaikos is coming off a dominant season in which it went 26-1 in Greek League play and defeated Olympiacos to win the championship. The team also had a 23-11 regular season record in EuroLeague competition and knocked off Maccabi Tel Aviv, Fenerbahce, and Real Madrid in the postseason to win its seventh EuroLeague title.

Bruno Caboclo Signs With Hapoel Tel Aviv

August 30th, 2024 at 7:46am CST by Luke Adams

Former NBA first-round pick Bruno Caboclo has signed with Hapoel Tel Aviv, the Israeli club formally announced today (via Twitter). According to a Sport5 report relayed by Sportando, the contract covers two seasons. Previous reporting indicated the second year would be a team option.

Caboclo was said to be working out with the Warriors this week in the hopes of landing an NBA contract. While it’s possible Caboclo’s deal includes an NBA opt-out clause in the event that he receives an offer from Golden State or another team, the fact that he’s officially moving forward with Tel Aviv suggests that no NBA opportunity he likes has materialized.

The 20th overall pick in the 2014 draft, Caboclo spent parts of seven seasons in the NBA, but appeared in just 105 total games for the Raptors, Kings, Grizzlies, and Rockets from 2014-21. He averaged 4.2 points and 2.6 rebounds in 12.3 minutes per contest.

Caboclo has been more effective on the international stage, winning a German League (BBL) title in 2023 with Ratiopharm Ulm and earning All-EuroCup Second Team honors that season before spending the 2023/24 campaign with Partizan Belgrade in the EuroLeague. He also represented Brazil in this year’s Olympics, leading the national team with 17.3 points and 7.0 rebounds in 22.1 minutes per game across four outings.

Hapoel Tel Aviv, which is aiming to earn a promotion to the EuroLeague by winning a EuroCup title in 2024/25, also added NBA veterans Patrick Beverley and Ish Wainright earlier this summer.

Wizards Sign Kira Lewis, Jaylen Nowell, Leaky Black

August 30th, 2024 at 6:45am CST by Luke Adams

SEPTEMBER 30: Over a month after agreeing to terms with them, the Wizards have officially signed Lewis, Nowell, and Black, having listed all three players as part of their 21-man training camp roster.

AUGUST 28: The Wizards have reached contract agreements with free agents Kira Lewis, Jaylen Nowell, and Leaky Black, league sources tell Josh Robbins and Shams Charania of The Athletic (Twitter link).

According to Robbins and Charania, all three players will sign Exhibit 10 contracts with Washington and will be given an opportunity to compete in training camp for regular season roster spots.

Lewis, 23, was the 13th overall pick in the 2020 draft, but only appeared in 131 games across his first four NBA seasons due in large part to injuries, including a torn ACL he suffered during the 2021/22 season. The 6’1″ guard has averaged 5.2 points and 1.8 assists in 13.3 minutes per game for the Pelicans, Raptors, and Jazz. Last season, he was traded three times – from New Orleans to Indiana to Toronto to Utah – before reaching unrestricted free agency when the Jazz declined to issue a qualifying offer.

Nowell, a 6’4″ shooting guard, spent his first four NBA seasons in Minnesota from 2019-23, averaging 9.1 points per game on .447/.322/.798 shooting in 184 appearances for the Timberwolves. Despite showing promise as a scorer, Nowell was unable to find a regular NBA job last season — he was waived by Sacramento ahead of opening night, then signed two 10-day contracts apiece with the Grizzlies and Pistons during the season. The 25-year-old spend most of the 2023/24 campaign with the Stockton Kings in the G League.

Black, 25, spent his rookie season with the Hornets after going undrafted out of UNC in 2023. The 6’6″ forward saw limited action in 26 NBA games while on a two-way contract with Charlotte. He played a larger role for the Greensboro Swarm in the NBAGL, posting averages of 7.1 PPG, 6.2 RPG, and 2.1 APG in 24.8 MPG across 25 total Showcase Cup and regular season outings. His two-way deal covered two seasons, but he was waived by the Hornets about four weeks ago.

Exhibit 10 contracts allow players to earn bonuses worth up to $77.5K if they’re waived by their NBA teams and then spend at least 60 days with the club’s G League affiliate, so it’s possible Lewis, Nowell, and/or Black will end up playing for the Capital City Go-Go. Exhibit 10 deals can also be converted to two-way contracts prior to opening night, but Lewis and Nowell have more than three years of NBA service and are therefore ineligible to be two-way players.

The Wizards currently have 16 players on standard contracts (15 guaranteed), with a pair on two-way deals. While Black figures to be in the mix for the team’s open two-way slot, it will be an uphill battle for Lewis or Nowell to make the standard regular season roster unless Washington intends to trade or waive a player with a guaranteed contract.

Stephen Curry Signs One-Year Extension With Warriors

August 29th, 2024 at 6:33pm CST by Rory Maher

6:33pm: Curry has signed the extension, the team’s PR department announced (via Twitter).

11:28am: Two-time MVP Stephen Curry has agreed to a one-year, $62.6MM extension with the Warriors, agent Jeff Austin tells Adrian Wojnarowski of ESPN (Twitter link).

Curry was limited to a one-year extension due to the Over-38 rule. He was already under contract for the next two seasons, with salaries of $55.8MM in 2024/25 and $59.6MM in 2025/26. His new extension will cover the 2026/27 campaign, meaning he won’t hit free agency until 2027.

Curry’s salary on the one-year extension won’t be affected by where the ’26/27 cap lands, since he’ll be eligible for a 5% raise on his previous salary, even though that figure will exceed that season’s league-wide maximum.

Widely regarded as the greatest shooter in basketball history, Curry holds career averages of 24.8 points, 4.7 rebounds, 6.4 assists and 1.5 steals on .473/.426/.910 shooting in 956 regular season games (34.2 minutes per contest). The 10-time All-NBA guard, who has won four championships and made six NBA Finals appearances, has spent his entire 15-year career with Golden State.

The Warriors had an up-and-down season in ’23/24. They went 46-36 and were eliminated in the play-in tournament by the Kings. The 36-year-old still performed at a very high level though, averaging 26.4 points, 4.5 rebounds and 5.1 assists on .450/.408/.923 shooting in 74 regular season games (32.7 minutes). Curry earned an All-NBA Third Team nod for his efforts.

Curry is coming off a star showing at the 2024 Olympics in Paris, when he was dominant in both the semifinal (vs. Serbia) and final (vs. France) en route to his first gold medal with Team USA. He had struggled for much of the tournament leading up to those games, but obviously stepped up in a major way when he was needed most.

As ESPN’s Bobby Marks tweets, Curry will surpass $500MM+ in career on-court earnings with the new extension, joining LeBron James and Kevin Durant as the only players to reach that threshold.

Curry, general manager Mike Dunleavy Jr., and owner Joe Lacob have all expressed a desire for the 6’2″ guard to remain with the Warriors for the rest of his illustrious career. The extension agreement has both sides one step closer to achieving that goal.

Sixers Sign Guerschon Yabusele To One-Year Contract

August 29th, 2024 at 3:58pm CST by Rory Maher

After parting ways with Real Madrid, forward Guerschon Yabusele has officially signed with the Sixers, Philadelphia announced in a press release.

The 76ers did not disclose the terms of Yabusele’s contract, but reporting from a couple weeks ago — when the news first broke that he would be landing with Philadelphia — indicated that the 28-year-old would sign a one-year, minimum-salary deal. Since he has two years of NBA experience, his salary for 2024/25 will be $2,087,519.

The 16th overall pick of the 2016 draft, Yabusele spent a year as a draft-and-stash prospect in China, then played for the Celtics for two seasons from 2017-19. He appeared in 74 games with Boston and had a modest role, averaging 2.3 points and 1.4 rebounds in 7.1 minutes per contest.

While his first NBA stint didn’t go the way he hoped, Yabusele has thrived overseas in recent years, winning a EuroLeague title (2023) and two Spanish League (Liga ACB) titles (2022, 2024) with Real Madrid after claiming a French League (LNB Pro A) championship with ASVEL in 2021. He was also one of the key contributors to the French national team that won a silver medal at the Paris Olympics this summer.

Last season with Real Madrid, Yabusele appeared in 64 Liga ACB and EuroLeague games, averaging 9.7 points and 4.0 rebounds, with a shooting slash line of .531/.445/.813. In six games with France at the 2024 Olympics, he averaged 14.0 points and 3.3 rebounds on .519/.286/.815 shooting, earning second-team honors for the tournament.

The Sixers now have 17 players under contract, four shy of the offseason limit.

Real Madrid, Guerschon Yabusele Officially Part Ways

August 29th, 2024 at 7:57am CST by Luke Adams

Real Madrid and forward/center Guerschon Yabusele have reached an agreement to end his contract with the Spanish club, the team officially announced today in a press release. The move helps clear the way for Yabusele to finalize his reported deal with the Sixers.

Yabusele’s contract with Real Madrid included an NBA-opt out clause with a buyout reportedly worth $2.5MM. NBA rules allow the 76ers to contribute up to $850K of that amount without it counting toward their cap, but that left $1.65MM still to cover.

A team with more cap flexibility could’ve accommodated that remaining amount within Yabusele’s cap hit (e.g. paying him a $3MM salary and taking on a $4.65MM cap charge). However, because Yabusele is signing a veteran’s minimum contract with Philadelphia, his salary will be just $2,087,519, so taking the $1.65MM from that amount would essentially wipe out his NBA earnings for 2024/25.

Yabusele and Madrid were said to be negotiating the terms of his buyout. No details have been reported yet, so it’s unclear if the Spanish team may have agreed to reduce the $2.5MM total or worked out some sort of payment plan. Either way, the situation has been resolved, putting Yabusele on track to officially sign with Philadelphia once he receives FIBA clearance.

Yabusele didn’t emerge as a regular rotation player during his previous NBA stint from 2017-19 in Boston, but has thrived overseas in recent years, winning a EuroLeague title (2023) and two Spanish League (Liga ACB) titles (2022, 2024) with Real Madrid after claiming a French League (LNB Pro A) championship with ASVEL in 2021. He was also one of the key contributors to the French national team that won a silver medal at the Paris Olympics this summer.

Cavaliers Sign Luke Travers To Two-Way Deal

August 28th, 2024 at 4:30pm CST by Luke Adams

4:30pm: The signing is official, according to the Cavaliers.

3:39pm: Draft-and-stash prospect Luke Travers has agreed to sign a two-way contract with the Cavaliers, agent Daniel Moldovan tells Adrian Wojnarowski of ESPN (Twitter link).

Travers, who will turn 23 next Tuesday, was the 56th overall pick in the 2022 draft. Rather than signing an NBA contract at that time, however, he continued to play professionally in his home country of Australia, suiting up for the Perth Wildcats in 2022/23 and Melbourne United in ’23/24.

A 6’7″ wing, Travers enjoyed a strong season in Melbourne this past year, averaging 12.0 points, 7.6 rebounds, and 1.9 assists in 26.3 minutes per game, with a shooting line of .516/.327/.671, across 25 appearances. He has also suited up for Cleveland’s Summer League team in each of the past three offseasons, averaging 7.4 PPG, 5.3 RPG, 1.9 APG, and 1.4 BPG in 15 outings (24.7 MPG) in Las Vegas.

Word broke earlier this month that Travers had left Melbourne United to pursue NBA opportunities, and while a two-way deal with Cleveland always appeared to be the most likely outcome, that wasn’t considered a certainty until now. The Cavs could’ve traded his NBA rights to another team or used a 15-man roster spot to sign him.

Instead, Travers will begin his NBA career in Cleveland on a two-way contract that will pay him $578,577, half of the rookie minimum. He’s eligible to appear in a maximum of 50 NBA games while on that deal, though if the Cavs hold an open spot on their standard 15-man roster, they’ll be limited to 90 total NBA games for their three two-way players (Travers, Emoni Bates, and JT Thor). As a result, the Australian wing will likely spend plenty of time in the G League with the Cleveland Charge.

Once their reported deals with Travers and Thor are official, the Cavs will have 15 players under contract — 12 on standard deals and three on two-ways, with Isaac Okoro still a restricted free agent.