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Mavs’ Jaden Hardy On Trade Block?

Following up on his report yesterday with colleague Marc Stein, Jake Fischer reiterates in his latest story for The Stein Line (Substack link) that the Mavericks are actively exploring ways to bring back Dante Exum. Dallas’ primary focus on that front, Fischer writes, has been trying to trade former first-round pick Olivier-Maxence Prosper.

However, Prosper isn’t the only player Dallas is open to moving. According to Fischer, Jaden Hardy is another candidate to be sent out in a deal, and resolution on the trade front is expected by tomorrow evening.

The reason for that specific timeline is because of the Friday 4:00pm CT deadline for waiving and stretching players — multiple sources have told Fischer the Mavs might be forced to go that route, as they’re reluctant to part with either of their two remaining second-round picks to shed salary and create a roster spot.

Fischer doesn’t state it outright, but Prosper figures be the main candidate to be stretched, as his $3MM contract for 2025/26 could be treated as expiring if his $5.3 team option for ’26/27 is declined. That would spread his $3MM cap hit across three seasons at approximately $1MM per year, opening up an extra $2MM in room below the 2025/26 second tax apron.

Dallas reached an agreement to re-sign Exum to a one-year deal way back in July 2, but the transaction still hasn’t been officially finalized. That’s because the Mavericks’ team salary for apron purposes currently sits at approximately $206.2MM, which is about $1.6MM below the second apron ($207,824,000).

The Mavericks hard-capped themselves at the second apron by using the taxpayer mid-level exception to sign D’Angelo Russell last month. That means their team salary can’t surpass $207,824,000 at any point for the rest of the 2025/26 league year. A minimum-salary deal for Exum would carry a $2,296,274 cap hit.

Hardy, 23, was the 37th pick of the 2022 draft after spending one season with the now-defunct G League Ignite. He inked a three-year, $18MM extension with Dallas last October — that deal begins in ’25/26 and includes a flat $6MM per year structure, with a team option in ’27/28.

The 6’4″ shooting guard made 57 appearances for the Mavs last season, averaging 8.7 points, 1.6 rebounds, 1.4 assists and 1.4 turnovers in 15.7 minutes per game. His shooting line was .435/.386/.698.

The Mavs are currently carrying 15 players on guaranteed or partially guaranteed contracts for ’25/26, so moving off Prosper, Hardy or another player is also necessary to open up a spot for Exum on their projected 15-man regular season roster.

Suns Sued By Two Minority Shareholders

A pair of Suns minority shareholders – Andy Kohlberg of Kisco WC Sports and Scott Seldin of Kent Circle Investments – have sued the team in a Delaware Chancery Court, reports Michael McCann of Sportico. The minority owners say in their complaint that they’re “dissatisfied” with the way Suns Capital Group LLC (Mat Ishbia‘s group) has managed the team.

As McCann details, Kisco and Kent Circle claim they haven’t been allowed to view records and financial information that would help them understand how the franchise is being run and how much their shares are worth. They’re demanding a court order that would allow them to look into alleged “potential breaches of a limited liability company agreement, mismanagement of the team and conflicts of interest,” McCainn writes.

According to Gerald Bourguet of PHNX Sports, when Ishbia took over as the Suns’ controlling owner in 2023, he gave the team’s 16 limited partners the opportunity to sell their stakes in the team at the same $4 billion valuation that applied to his majority stake. Fourteen of the 16 partners took that buyout offer, with Kisco and Kent Circle representing the only two holdouts.

Kisco has since sought a buyout from Ishbia’s group; there are conflicting reports on whether Kent Circle has done the same. Bourguet’s report suggests both minority stakeholders have looked to be bought out, while McCann says Kent Circle hasn’t done so but has expressed “growing concerns” about management.

The price that Kisco and Kent Circle are demanding from Suns Capital Group LLC to buy them out is based on a valuation in excess of $6 billion, according to Bourguet. The complaint, per McCann, alleges that Ishbia’s LLC didn’t respond in good faith to Kisco’s efforts to divest its shares by June 1 and instead issued a capital call for June 2 with “no advance notice.” The per-unit valuation conveyed on that call was “strikingly low and bears no relationship to the actual value of the company which is worth billions,” according to the plaintiffs.

In a letter to Kisco and Kent Circle, Suns Capital Group LLC indicated it has no objections to the minority partners finding another buyer for their shares, per Bourguet. However, the majority ownership groups insists that the minority stakeholders have no right to demand Ishbia’s LLC be the one to buy them out at a significantly higher valuation than the 2023 price.

Kisco and Kent Circle, meanwhile, argue in their complaint that the majority ownership group has been putting pressure on and diluting the team’s minority owners, citing “mismanagement and lack of transparency.”

According to Bourguet, the plaintiffs suspect Ishbia’s group of entering into undisclosed side deals and also raised questions about the funding of a practice facility for the WNBA’s Phoenix Mercury. As McCann writes, the complaint states that facility was “seemingly paid for using” team funds but that the minority stakeholders were “provided virtually no information” about how it was funded or the process used to determine its funding.

Attorneys for Suns Capital Group LLC will have the opportunity to respond to the complaint, McCann notes.

Mavs Reportedly Shopping Olivier-Maxence Prosper

The Mavericks have intensified their efforts to open up room below a second-apron hard cap to sign free agent guard Dante Exum, according to NBA insiders Marc Stein and Jake Fischer, who report (via Twitter) that those efforts have centered around finding a new home via trade for forward Olivier-Maxence Prosper.

Dallas reached an agreement to re-sign Exum to a one-year deal way back in July 2, but the transaction still hasn’t been officially finalized. That’s because the Mavericks’ team salary for apron purposes currently sits at approximately $206.2MM, which is about $1.6MM below the second tax apron ($207,824,000).

The Mavs hard-capped themselves at the second apron by using the taxpayer mid-level exception to sign D’Angelo Russell last month. That means their team salary can’t surpass $207,824,000 at any point for the rest of the 2025/26 league year. A minimum-salary deal for Exum would carry a $2,296,274 cap hit.

With training camps still over a month from getting underway, there has been little urgency for the Mavs to resolve the apron crunch to this point. However, it sounds as if they’re ramping up their attempts to find a solution, and trading Prosper has long been considered a path they’ll explore.

The 24th overall pick in the 2023 draft, Prosper has played a very limited role during his first two years in Dallas, averaging 3.5 points and 2.2 rebounds in 10.0 minutes per game across 92 regular season outings, with a .396/.260/.658 shooting line. Given that he’s buried on the depth chart and isn’t owed any guaranteed money beyond his $3MM salary for 2025/26 (his deal includes a $5.3MM rookie scale team option for ’26/27), the 23-year-old is the team’s most obvious trade candidate to make room for Exum.

Dallas has the ability to send out up to nearly $8MM in cash in a trade, which would more than cover Prosper’s 2025/26 salary, but potential trade partners will likely be seeking a second-round draft pick in order to take on that $3MM cap hit. The most recent trade completed this summer, for example, saw the Heat send a future second-rounder to the Nets along with Haywood Highsmith and his $5.6MM expiring salary in order to get below the tax.

The Mavs only have two tradable second-round picks: Philadelphia’s 2030 selection and their own 2032 second-rounder. If they don’t want to give up any draft equity and can’t find a trade partner willing to accept cash, waiving and stretching Prosper’s $3MM salary would be an option, though it would have to be done by this Friday to ensure he clears waivers on August 31. That would spread his cap hit across three seasons at approximately $1MM per year, opening up an extra $2MM in room below the 2025/26 second apron.

The Mavs are currently carrying 15 players on guaranteed or partially guaranteed contracts for ’25/26, so moving off Prosper (or another player) is also necessary to open up a spot for Exum on their projected 15-man regular season roster.

Timberwolves Hire NHL Panthers’ Caldwell As CEO

The Timberwolves have hired Matthew Caldwell as Chief Executive Officer of the organization, effective Sept. 2, according to a team press release.

Caldwell will oversee day-to-day business operations and high-level strategic initiatives for the Timberwolves, WNBA Lynx, and G League Iowa Wolves. New team owners Marc Lore and Alex Rodriguez gave Caldwell, who had served as President and CEO of the NHL Florida Panthers the past nine years, a 10-year contract.

Caldwell is the first major hire by Lore and Rodriguez since the NBA’s Board of Governors unanimously approved the sale of the franchise following a lengthy legal battle with previous majority owner Glen Taylor. The Panthers have won the last two Stanley Cups.

“I’m honored and humbled to join the Timberwolves and Lynx organization at such a pivotal moment in its history,” Caldwell said in a statement. “I am inspired by Marc and Alex’s vision and passion for Minnesota basketball and their commitment to excellence. I look forward to making my mark across the organization, and to building a lasting foundation that gives Minnesota basketball fans what they deserve – the best experience in sports, bar none.”

Caldwell’s leadership played an instrumental role behind the Panthers’ most successful period in franchise history which culminated with the organization being named 2025 Sports Business Journal Team of the Year. Caldwell first joined the Panthers in 2014 as Chief Operating Officer, before being appointed CEO in 2016, at which time he was the youngest CEO in U.S. professional sports at age 36.

“Our vision is for the Timberwolves and Lynx to set a new standard of excellence in pro sports and we’re confident that Matthew is the leader needed to make that a reality,” Lore and Rodriguez said in a joint statement. “Leading our organization into an innovative new era requires an exceptional individual at the helm and Matthew’s proven track record leading the business of the Florida Panthers is undeniable. We can’t wait to see the remarkable impact his bold leadership will have on this organization.”

Panthers owner Vincent Viola calls Caldwell’s departure “bittersweet,” according to Jon Krawczynski of The Athletic (Twitter link).

“There are very few opportunities I would advise him to pursue, but working with Alex Rodriguez and Marc Lore on a global platform like the NBA is at the top of that list,” Voila said.

Caldwell will take over responsibilities from interim CEO Kelly Laferriere, who has led the organization during its ownership transition period. Laferriere will assume the role of senior advisor to ownership. Tim Connelly will continue to oversee oversee basketball operations.

28 Current NBA Players Competing In FIBA EuroBasket 2025

On the heels of the FIBA World Cup in 2023 and the Paris Olympics in 2024, the 2025 NBA offseason doesn’t feature a major international tournament in which the United States’ top stars are competing.

However, several of the league’s biggest names – including three-time Most Valuable Player Nikola Jokic, two-time MVP Giannis Antetokounmpo, and five-time All-NBA first-teamer Luka Doncic – are taking part in FIBA EuroBasket 2025, which tipped off on Wednesday.

The tournament, also known as the European Basketball Championship, takes place every four years and features 24 European countries vying for a gold medal. The 24 teams who qualified for EuroBasket are split up into four groups and will face the other teams in their group across five games from August 27 to September 4.

At the end of group play, the top four teams from each group will advance to the knockout round, which is a single-elimination tournament featuring the remaining 16 countries.

By our count, 28 active NBA players are taking part in EuroBasket 2025, along with 30 former NBA players and several more who were selected in an NBA draft but have yet to play in the league.

Here’s the full list of current and former NBA players set to compete in EuroBasket, sorted by group and country:


Group A

Czechia (Czech Republic)

  • Current NBA players: Vit Krejci (Hawks)
  • Former NBA players: None

Estonia

  • Current NBA players: None
  • Former NBA players: Henri Drell

Latvia

Portugal

  • Current NBA players: Neemias Queta (Celtics)
  • Former NBA players: None

Serbia

Serbia’s roster also includes Nikola Milutinov and Vanja Marinkovic, who are former NBA draft picks but have never played in the league.

Turkey

Group B

Finland

Germany

Great Britain

Lithuania

Lithuania’s roster also includes Rokas Jokubaitis, a former NBA draft pick who has never played in the league, and Azuolas Tubelis, who was on a two-way contract with the Sixers during the 2023 offseason but was waived before the season began.

Montenegro

Sweden

  • Current NBA players: Pelle Larsson (Heat)
  • Former NBA players: None

Group C

Bosnia and Herzegovina

  • Current NBA players: Jusuf Nurkic (Jazz)
  • Former NBA players: None

Cyprus

  • Current NBA players: None
  • Former NBA players: None

Georgia

Greece

Italy

Italy’s roster also includes Matteo Spagnolo, Gabriele Procida, and Saliou Niang, who are former NBA draft picks but have never played in the league.

Spain

Group D

Belgium

  • Current NBA players: None
  • Former NBA players: None

France

France’s roster also includes Isaia Cordinier, a former NBA draft pick who has never played in the league.

Iceland

  • Current NBA players: None
  • Former NBA players: None

Israel

  • Current NBA players: Deni Avdija (Trail Blazers)
  • Former NBA players: None

Israel’s roster also includes Yam Madar, a former NBA draft pick who has never played in the league.

Poland

  • Current NBA players: None
  • Former NBA players: Jordan Loyd

Slovenia

  • Current NBA players: Luka Doncic (Lakers)
  • Former NBA players: None

Cuban Regrets Not Opening Bidding Process During Mavs’ Sale

Former Mavericks majority owner Mark Cuban doesn’t regret his decision to sell a large portion of his stake in the team but wishes he’d have opened up the process, he stated during an interview on the DLLS podcast (hat tips to Jasmyn Wimbish of CBSSports.com and Tim Cato of AllDllls.com).

“I don’t regret selling the team, I regret how I did it,” Cuban said. “Would I still sell the team? Yes, for all the same reasons I’ve said 100 times. Would I do it the same way? Absolutely not. I would have put it out to bid, but I didn’t so it doesn’t matter.”

Mavericks are now primarily owned by Miriam Adelson and Patrick Dumont, her son-in-law and the team’s governor.

Dumont’s role as team governor wasn’t in Cuban’s plans. Cuban kept a 27% stake in the Mavericks intentionally, since a part owner needs at least a 15% stake to remain governor of the team. When the sale was made official, there was nothing to indicate Cuban would continue his role in running the team’s basketball operations. He blames the league for losing his governor title.

“I did have it in writing,” Cuban said. “… Like I said before, there was a clause in there that gave me the right to be in every meeting, every trade discussion, everything, and the NBA took that out.”

Commission Adam Silver denied earlier this year that it was a league decision.

“Any decision as to what Mark’s role would be in basketball operations was a function of an arrangement to be made between Mark Cuban and Patrick,” Silver said in March.

But Cuban reiterated during the podcast that the league was to blame.

“Who the hell do you think took it out?” Cuban said. “I’ve got a letter from my lawyer saying the NBA made us remove it.”

However, Cuban says he has a good relationship with Dumont.

“I still talk to (him) a fair amount,” Cuban said. “He does care. And he cares when we lose. He’s spending time to learn. He’s learn a ton in time. Now I can talk to him about analytics. I can talk to him about our roster.”

However, Cuban says he doesn’t stay in contact with general manager Nico Harrison, who made the controversial trade that sent fan favorite and franchise player Luka Doncic to the Lakers. Cuban made it known publicly shortly after the trade occurred that he had no say in the matter and was against the idea of dealing Doncic.

“We all were hurt when Luka got traded — me as much as anyone, because I felt like I let people down by not being there,” Cuban said. “But what’s done is done. And we got Cooper (Flagg) — the basketball gods were looking down on us and he’s the real deal.”

The entire interview with Cuban can be accessed here.

Wolves Among Teams To Touch Base With Malik Beasley

The Timberwolves are among the teams that have been in contact with Malik Beasley‘s camp about the free agent swingman, according to Michael Scotto of HoopsHype (Twitter link).

Minnesota joins the Pistons, Cavaliers, and Knicks as the teams known to have expressed interest in Beasley, Scotto notes.

As we detailed earlier today, while the 28-year-old is no longer a target of a federal investigation into unusual gambling and prop betting activity, he’s still considered a subject of that probe, so he hasn’t been fully cleared by either investigators or the NBA. However, his outlook has apparently improved enough that teams are increasingly willing to explore the idea of signing him.

Beasley spent two-and-a-half seasons with the Timberwolves from 2020-22 before being traded to Utah as part of the Rudy Gobert mega-deal during the ’22 offseason. He put up some of the best scoring numbers of his career in Minnesota, averaging 15.1 points per game in 130 outings, with a 38.9% mark on three-point tries.

The Timberwolves have 13 players under contract and are operating about $5.9MM below the second tax apron, so they would have the ability to offer Beasley more than a minimum-salary contract using the taxpayer mid-level exception, especially if they’re not committed to carrying a 15th man to open the regular season.

The Pistons still control Beasley’s Non-Bird rights, giving them the ability to offer him a first-year salary worth up to $7.2MM. However, their level of interest in re-signing him after adding Caris LeVert and Duncan Robinson this summer is unclear.

The Knicks and Cavaliers are both limited to minimum-salary offers. As Scotto points out, Cleveland’s desire to add another wing may have increased in the wake of Max Strusfoot surgery.

Cavs’ Strus Undergoes Foot Surgery, Out At Least 3-4 Months

Cavaliers wing Max Strus underwent surgery on Tuesday to repair a Jones fracture in his left foot, the team announced today (Twitter link). The injury occurred during an offseason workout.

According to the Cavs, Strus is expected to resume basketball activities in approximately three to four months. That means he’ll be sidelined for the start of the regular season, which will tip off in less than two months.

It’s a tough break for the Cavs and for Strus, who averaged 9.4 points, 4.3 rebounds, and 3.2 assists in 25.5 minutes per game during his second year in Cleveland in 2024/25. He’s one of the team’s most reliable three-point shooters, knocking down 38.6% of 5.9 attempts per game last season, and finished the year as the starting small forward.

The silver lining for the Cavs is that there should be enough wing depth on the roster to get by without Strus during the first half of the season. De’Andre Hunter is the leading candidate to move into the starting lineup, with newly re-signed sharpshooter Sam Merrill likely in line for an increased role off the bench.

Veteran forward Dean Wade and second-year wing Jaylon Tyson are among the other reserves who should move up on the depth chart this fall.

A Jones fracture is a break in the fifth metatarsal, the bone that connects the pinkie toe to the base of the foot. Zach LaVine (2024), Dariq Whitehead (2023), and Ryan Rollins (2023) are among the NBA players who have dealt with similar injuries in recent years.

The three-to-four month timeline provided today by the Cavs is a projection for when Strus will resume basketball activities, so his absence will likely extend beyond that. But for what it’s worth, four months from today would be right around Christmas.

Jazz Sign John Tonje To Two-Way Contract

The Jazz have officially signed second-round pick John Tonje to a two-way contract, according to NBA.com’s transaction log (hat tip to Michael Scotto of HoopsHype).

Tonje, 24, spent four seasons at Colorado State, then transferred to Missouri in 2023 for his super-senior season, but was limited to eight appearances due to a season-ending foot injury. He was granted a medical redshirt and made the most of his final year of college eligibility with a breakout season at Wisconsin in 2024/25.

In 37 games for the Badgers, Tonje averaged 19.6 points, 5.3 rebounds, and 1.8 assists in 31.1 minutes per game, posting a shooting line of .465/.388/.909. The 6’5″ shooting guard was a consensus second-team All-American and was named to the All-Big Ten first team.

Using a pick they’d previously acquired from the Clippers, the Jazz selected Tonje with the No. 53 overall pick in June.

Tonje will fill Utah’s lone remaining two-way opening, joining Oscar Tshiebwe and Elijah Harkless as the team’s two-way players. The club now officially has 19 players under contract, two shy of the offseason limit.

P.J. Washington Likely To Reach Extension With Mavericks

After Dallas unexpectedly earned the No. 1 pick and the ability to draft Cooper Flagg this spring, the team’s crowded frontcourt has been a popular topic of speculation. In Anthony Davis, Dereck Lively II, the recently extended Daniel Gafford, and Dwight Powell, the team has a number of talented big men. Add in Flagg, Naji Marshall and Caleb Martin as forwards who can play the four, and the rotation quickly fills up.

However, P.J. Washington shouldn’t be considered the odd man out, according to Marc Stein of The Stein Line (Substack link). It’s a sentiment shared by general manager Nico Harrison, who has expressed enthusiasm this summer about the idea of Washington and Flagg sharing the floor together.

Washington will become extension-eligible this Friday, two years after he signed his current contract, for a four-year deal worth nearly $90MM, according to Stein, who hears from league sources that the two sides are expected to reach a deal.

Stein notes that the newly-27-year-old Washington has admirers around the league following a productive season-and-a-half in Dallas, including the 2024 Finals run in which he averaged 13.0 points and 6.6 rebounds per game and hit the clutch free throws that helped the Mavs advance to the Western Conference Finals.

However, due to extend-and-trade restrictions, any extension that includes a first-year raise exceeding 20%, has a subsequent raise exceeding 5%, or adds four new years to his deal would make Washington ineligible to be traded before the 2026 deadline, ensuring he plays out the season in Dallas.

Washington started all but one of his 57 games last year for the Mavs, averaging 14.7 points, a career-high 7.8 rebounds, 2.3 assists, and 1.1 blocks per contest while shooting 38.1% from three.