Newsstand Rumors | Hoops Rumors

Isaiah Thomas Works Out For Bucks

July 17th, 2024 at 6:36pm CST by Arthur Hill

Free agent guard Isaiah Thomas was one of several players who attended a workout with the Bucks today in Las Vegas, sources tell Shams Charania of The Athletic (Twitter video link).

At 35, Thomas is looking for another NBA opportunity after finishing last season with Phoenix, where he saw limited playing time in six games. He signed a pair of 10-day contracts with the Suns in March and was given a standard deal through the end of the season.

Thomas was a two-time All-Star in Boston, but he has bounced around the league over the past seven years and hasn’t played regularly since appearing in 40 games with Washington in the 2019/20 season.

At his peak, Thomas was an explosive scorer who averaged 28.9 PPG during the 2016/17 season and finished fifth in the MVP voting. At 5’9″, he relied on his quickness and ball-handling skills to get off shots over much taller players. However, he hasn’t been the same since suffering a hip injury during the 2017 playoffs.

Other players at today’s workout, according to Charania, were Justise Winslow, Hamidou Diallo, Will Barton and Jaylen Nowell.

The Bucks reached an agreement on Tuesday with free agent Gary Trent Jr., which will give them 15 standard contracts once it’s finalized. That includes Andre Jackson on a partially guaranteed deal, so Milwaukee has some flexibility if wants to add another player. The team is limited to offering minimum-salary contracts to outside free agents because it’s operating over the second tax apron.

WBD Reportedly Plans To Match Amazon’s Media Rights Package

July 17th, 2024 at 5:11pm CST by Arthur Hill

The NBA’s Board of Governors ratified the league’s new media rights deal Tuesday night, according to Tom Friend of Sports Business Journal, but the process is still far from over.

Sources tell Friend that Warner Bros. Discovery — the owner of TNT Sports, a longtime NBA media partner — is expected to match the “C” package given to Amazon, which could set off a contentious legal battle. Commissioner Adam Silver hinted at that possibility in a press conference Tuesday night when he said work remains to be done “with existing partners.”

The next step will be for the league to give WBD written copies of the three contracts. Their annual value was originally reported as $2.6 billion for ESPN, $2.5 billion for NBC Universal and $1.8 billion for Amazon, although Friend hears the current numbers are slightly higher. That begins a five-day timeframe in which WBD CEO David Zaslav has the option to match the deal with either NBC or Amazon.

Friend’s sources say that Zaslav views Amazon’s streaming deal — which includes alternating conference finals, a Thursday package, Friday or Saturday games, the NBA Cup (in-season tournament), early-round playoffs and international rights — as the most fiscally responsible. Friend adds that WBD plans to match Amazon with its own streaming service, Max, while running simulcasts on TNT.

According to Friend’s sources, the NBA will likely argue that Max doesn’t possess nearly the same reach as Amazon, which has 200 million worldwide customers compared to about 100 million for Max. Friend notes that the league’s stance could lead to a lawsuit, a financial settlement for WBD, or possibly a fourth broadcast package.

Friend reports that the Board of Governors approved the media rights package in a 29-1 vote, with the only opposition coming from the Knicks, which isn’t surprising given owner James Dolan’s public criticism of the deal and the NBA’s revenue sharing policies.

Sources told Friend that the three-hour meeting in which the rights deal was approved was “a breeze,” and owners received a memo Tuesday informing them that its total value has increased to $77 billion over 11 years. The price tag had many owners questioning whether WBD can really afford to match to match the Amazon bid, Friend adds, noting that the company laid off 1,000 employees this week after similar cutbacks in 2022 and 2023.

Friend points out that streaming has become an increasingly popular option in sports television, and the NBA appears to want to get involved. His sources say that cable TV wasn’t mentioned at all during the BOG meeting or by Silver at his session with reporters.

Friend also cites speculation that NBA TV, which is produced in Atlanta by Turner Sports, could eventually be moved to a studio in New York or New Jersey. His sources indicate that Silver wants the league to continue owning the network regardless of where it’s based.

Spurs Re-Sign Charles Bassey On One-Year Contract

July 17th, 2024 at 3:25pm CST by Dana Gauruder

JULY 17: Bassey’s new deal has been officially completed, the Spurs announced in a press release.

JULY 16: The Spurs are re-signing center Charles Bassey to a fully guaranteed one-year, $2.2MM contract, Shams Charania of The Athletic tweets.

Bassey has played with San Antonio the past two seasons. The addition of Bassey will give San Antonio a full 15-man roster. San Antonio also reached an agreement with Sandro Mamukelashvili on Tuesday.

San Antonio waived Bassey earlier this month in order to complete the three-team trade with the Kings and Bulls highlighted by DeMar DeRozan and Harrison Barnes.

Bassey, 23, suffered a torn left ACL in December while playing for San Antonio’s G League affiliate, the Austin Spurs. Bassey was averaging 3.3 points and 4.0 rebounds in 10.8 minutes per game with the NBA club in 19 appearances prior to the injury. He made $2.6MM last season.

There haven’t been any updates on Bassey’s condition but obviously the Spurs felt comfortable enough about his rehab to give him a guaranteed deal. The terms reported by Charania suggest it’ll be worth the minimum — for a player with Bassey’s three years of service, that would be $2,162,606.

The big man was drafted by the Sixers in the 2021 second round and spent one year in Philadelphia.

Khris Middleton Recovering From Two Ankle Surgeries

July 17th, 2024 at 3:00pm CST by Luke Adams

After Bucks head coach Doc Rivers said on ESPN’s Summer League broadcast on Tuesday (Twitter video link) that Khris Middleton underwent surgery this summer, Shams Charania and Eric Nehm of The Athletic have provided the details. According to Charania and Nehm, Middleton is actually recovering from two separate procedures.

The first was an arthroscopic surgery on Middleton’s left ankle to address an injury that plagued him throughout the 2023/24 season. The Bucks forward originally sprained the ankle on February 6 and said a month later that he had never experienced a sprain as bad as that one — it ultimately kept him on the shelf for nearly a month-and-a-half, costing him 16 games.

Middleton also underwent an arthroscopic procedure on his right ankle, per The Athletic’s duo, to clean up a lingering issue. He sprained his right ankle in Game 2 of the team’s first-round postseason series vs. Indiana.

The procedure on Middleton’s left ankle occurred shortly after the Bucks were eliminated in the playoffs in May, while the second procedure on the right ankle was completed in mid-June.

Although it may not be welcome news for Bucks fans that Middleton – whose effectiveness has been compromised by injury issues in recent years – is recovering from surgeries on both ankles, Charania and Nehm say the recovery process is going well.

The 32-year-old was walking around without pain or discomfort in Las Vegas over the weekend and has already begun light on-court workouts, league sources tell The Athletic. The expectation is that Middleton will be ready to go for the start of the 2024/25 season.

Middleton’s numbers are down over the past two regular seasons as he has struggled to stay healthy, but he performed more like his old self during the postseason this spring, helping to keep the Bucks in the series vs. the Pacers with Giannis Antetokounmpo unavailable and Damian Lillard sidelined for two games. He averaged 24.7 points, 9.2 rebounds, and 4.7 assists in those six games, making 48.2% of his shots from the field and 90.0% of his free throws.

Kyrie Irving Undergoes Surgery For Broken Hand

July 16th, 2024 at 7:39pm CST by Dana Gauruder

Mavericks star gaurd Kyrie Irving underwent surgery to repair a broken left hand, according to a team press release. He sustained the injury earlier this month while training.

Irving was coming off a stellar postseason in which he averaged 22.1 points, 5.1 assists and 3.7 rebounds per game as he and backcourt partner Luka Doncic lifted Dallas to the NBA Finals.

He averaged 25.6 points, 5.2 assists and 5.0 rebounds during the regular season while appearing in 58 games. He missed time in December and late January due to heel and thumb injuries.

With training camps opening in two-and-a-half months, it stands to reason Irving should be healed by that time. To that end, a team source expressed optimism to ESPN’s Tim MacMahon that Irving will be able to participate in camp (Twitter link).

Still, the injury will disrupt his usual offseason regimen.

Irving will make $41MM next season and has a $43.96MM player option next offseason on the final year of his current contract.

Patrick Beverley Plans To Sign With Hapoel Tel Aviv

July 16th, 2024 at 12:48pm CST by Luke Adams

Veteran NBA guard Patrick Beverley is headed back overseas, announcing via his podcast’s Twitter account that he intends to sign with Hapoel Tel Aviv in Israel.

“They gave me everything I asked for,” Beverley said of the Israeli team. “… I couldn’t refuse.”

Beverley, who turned 36 last Friday, began his professional career by playing in Ukraine, Greece, and Russia from 2008-12, so he’s no stranger to international basketball. However, he has been in the NBA for the past 12 seasons, appearing in 666 total regular season games with the Rockets, Clippers, Timberwolves, Lakers, Bulls, Sixers, and Bucks during that time.

Known for his defensive tenacity, Beverley holds career averages of 8.3 points, 4.1 rebounds, and 3.4 assists in 26.6 minutes per game, with a shooting line of .413/.371/.760.

While his fiery personality can sometimes be an asset, Beverley’s 2023/24 season ended on a sour note due to a sideline outburst — he repeatedly threw a basketball at Pacers fans in Indiana during the waning moments of the Bucks’ season, at one point hitting an unsuspecting female fan in the side of the head.

The incident resulted in a police investigation and a four-game suspension, which Beverley would have had to serve at the start of the 2024/25 season if he had signed with an NBA team this summer.

Instead, the former Arkansas standout will cross the Atlantic, joining a Hapoel Tel Aviv squad that also recently signed NBA veteran Ish Wainright. The team finished second in the Israeli Basketball Premier League standings in 2023/24 with a 21-8 record, losing the best-of-three championship series to Maccabi Tel Aviv.

Knicks’ Dolan Rips NBA’s Media Deal, Revenue Sharing Policies

July 16th, 2024 at 8:02am CST by Luke Adams

Knicks owner James Dolan sent a letter to the NBA’s Board of Governors blasting the league’s new $74.6 billion media rights deal and renewing his criticisms of the league’s revenue sharing policies, according to ESPN’s Adrian Wojnarowski.

The new media rights deal has expanded to include three national partners instead of two and is expected to significantly increase the number of nationally televised games, reducing the number of available games for regional sports networks and cutting into the revenue generated by those local broadcasts.

“The increased number of exclusive and non-exclusive games means that national partners would have the ability to air nearly half of the regular season and all postseason games,” Dolan wrote in his letter, per Wojnarowski. “This reduction in available games for RSNs risks rendering the entire RSN model unviable. The inclusion of streaming partners in the proposal (e.g., Amazon Prime Video, Peacock) allows fans in all NBA markets to bypass their RSN to watch certain games in their local market. The proposal offers no local protections for RSNs.”

As Wojnarowski details, the NBA has also reportedly proposed that the league office receive an 8% cut of the revenue from that media deal, as opposed to 0.5% under the previous agreement. That would work out to about $6 billion over 11 seasons, beginning in 2025/26. Dolan said there has been no “sufficient justification” for that exponential increase.

“(There is no) transparency into how (the NBA) arrived at the sum, how these fees will be allocated or to what extent the league will utilize this purported revenue growth to incur new and incremental costs and further expand the league’s ever growing expense level,” Dolan wrote.

Dolan has long had an adversarial relationship with the league office and commissioner Adam Silver. He stepped down from his positions on the NBA’s influential advisory/finance and media committees last year, with reporting at the time indicating that the Knicks owner had been “increasingly critical” of Silver and the NBA on a number of issues.

The Knicks questioned Silver’s impartiality when they filed suit against the Raptors last year, arguing that the court system ought to rule on a dispute between the two teams due to Silver’s allegedly tight relationship with Raptors governor Larry Tanenbaum.

Dolan, who has also been a critic of the NBA’s revenue sharing system over the years, argued in his letter to the Board of Governors that the new TV deal will hurt local team sponsors and partners, since the visibility those sponsors receive in locally televised games won’t be afforded to them in national broadcasts. He added that “pride of ownership” is being sacrificed and that the league is becoming a “one size fits all, characterless organization” by taking away agency from its individual teams.

“The NBA has made the move to an NFL model — de-emphasizing and de-powering the local market,” Dolan wrote. “Soon, your only revenue concern will be the sale of tickets and what color next year’s jersey will be. Don’t worry, because due to revenue pooling, you are guaranteed to be neither a success nor a failure. Of course, to get there, the league must take down the successful franchises and redistribute to the less successful. This new media deal goes a long way to accomplishing that goal.”

The NBA’s Board of Governors is reportedly set to meet on Tuesday in Las Vegas. Dolan, who has declined to attend those meetings since stepping down from the league’s committees last year, wrote in his letter that he believes the Knicks’ concerns are “shared by many of our counterparts across the league.”

Seth Curry Returns To Hornets On One-Year Deal

July 15th, 2024 at 9:11pm CST by Dana Gauruder

Seth Curry is returning to the Hornets on a one-year deal, Adrian Wojnarowski of ESPN tweets. The signing is official, according to a Hornets press release.

Curry, who turns 34 next month, was waived by Charlotte last month before his $4MM salary for next season became guaranteed. It was noted at that time both sides were interested in exploring another contract. He’ll provide depth at the shooting guard spot.

The younger brother of Stephen Curry, Seth actually has a better career three-point percentage (43.1%) than his superstar sibling (42.6%). However, the 33-year-old – who obviously isn’t Steph’s equal as a play-maker or all-around scorer – is coming off a down year in 2023/24. He appeared in a total of 44 games for the Mavericks and Hornets, averaging just 5.1 points per game on .392/.352/.903 shooting.

The younger Curry, who was sent from Dallas to Charlotte in February as part of the trade package for P.J. Washington, was able to suit up for just eight games down the stretch for his hometown Hornets, as his season ended early due to a sprained ankle.

While the terms of Curry’s new contract weren’t reported, a minimum-salary agreement seems likely.

Knicks Sign Cameron Payne To One-Year Contract

July 15th, 2024 at 6:20pm CST by Dana Gauruder

8:06pm: The Knicks have officially signed Payne, the team’s PR department tweets.

6:20pm: The Knicks are signing reserve point guard Cameron Payne to a one-year contract, Chris Haynes of Bleacher Report and TNT tweets.

The Knicks are using the veteran’s minimum exception to sign Payne, Ian Begley of SNY TV tweets. The deal will be worth approximately just over $3MM.

Payne will immediately jump into the mix for backup minutes behind star floor leader Jalen Brunson.

Payne, 29, will be joining his seventh team since entering the league in 2015. He split his time between the Bucks and Sixers last season.

Milwaukee traded Payne and a 2027 second-round pick to Philadelphia for Patrick Beverley at the trade deadline. With Milwaukee, Payne appeared in 47 games and averaged 6.2 points and 2.3 assists in 14.9 minutes. With the Sixers, Payne saw action in 31 regular-season contests, averaging 9.3 points and 3.1 assists in 19.4 minutes. He also appeared in a handful of Philadelphia’s playoff games.

The addition of Payne makes it less likely that second-round pick Tyler Kolek will play a rotation role in his rookie year. Miles McBride is another candidate for regular minutes among the backcourt reserves.

The Knicks had also expressed interest in free agent point man Tyus Jones, according to Begley, who says that Payne’s playoff experience added to his appeal. The addition of Payne gives the Knicks 13 players on the roster, Begley notes (Twitter link), so at least one more move is coming.

Payne was arrested in Arizona this offseason after he made a false report and would not identify himself.

Knicks’ Mikal Bridges Expected To Sign Team-Friendly Extension

July 15th, 2024 at 3:51pm CST by Rory Maher

After being acquired in a blockbuster trade with the Nets, new Knicks wing Mikal Bridges is expected to “follow (Jalen) Brunson‘s lead” and sign a relatively team-friendly contract extension with New York when he becomes eligible to, according to veteran NBA reporter Marc Stein (Substack link).

As Stein writes, Bridges will be eligible for a less appealing ($72.5MM) two-year extension as of October 1. He will also be eligible for more lucrative three- and four-year extensions during the 2025 offseason. Either way, an extension isn’t imminent, since it isn’t even currently permitted.

Still, it’s a noteworthy development considering what the Knicks gave up to acquire Bridges — five first-round picks (four unprotected), one swap, Brooklyn’s own 2025 second-rounder, and veterans Bojan Bogdanovic, Shake Milton (sign-and-trade), and Mamadi Diakite.

The 10th pick of the 2018 draft, Bridges signed a four-year, $90MM rookie scale extension in October 2021, which kicked in starting in 2022/23. He will earn $23.3MM in ’24/25, followed by $24.9MM in ’25/26. A potential extension wouldn’t begin until ’26/27.

Bridges, 27, was the runner-up for the 2021/22 Defensive Player of the Year award, also earning a spot on the All-Defensive First Team that season. He starred in college at Villanova, playing alongside Brunson, Donte DiVincenzo and Josh Hart. That surely factors in with Brunson’s deal as well.

Bridges has yet to miss a game in his six-year NBA career. In 82 appearances last season (34.8 MPG), the 6’6″ guard/forward averaged 19.6 PPG, 4.5 RPG, 3.6 APG and 1.0 SPG on .436/.372/.814 shooting.