Newsstand Rumors | Hoops Rumors

Pacers Re-Sign James Johnson To One-Year Deal

July 25th, 2024 at 5:46pm CST by Luke Adams

JULY 25: The Pacers have officially re-signed Johnson, the team confirmed today in a press release.

JULY 24: The Pacers are bringing back James Johnson, according to Adrian Wojnarowski of ESPN (Twitter link), who hears from agent Mark Bartelstein that the veteran forward has agreed to a one-year, $3.3MM deal with Indiana.

Johnson, 37, has played for 10 NBA teams since entering the league as the 16th overall pick in the 2009 draft, but he hasn’t signed with any club besides the Pacers since September 2022. He has been on and off Indiana’s roster since his initial arrival — this will be the seventh contract he has signed with the team in the last two years.

Johnson has only appeared in 27 games as a Pacer, averaging a modest 2.2 points and 1.3 rebounds in 7.7 minutes per game during those outings. However, he’s valued within the organization for his toughness, veteran leadership, and presence in the locker room.

The minimum salary for a player with Johnson’s years of service is $3,303,771, so it’s safe to assume that’s what his contract will be worth. The Pacers will carry a cap hit of $2,087,519, with the league picking up the balance.

It’s unclear if the deal will be fully guaranteed. Last season, Johnson signed a non-guaranteed minimum-salary contract with the Pacers in December, was waived in January before it became fully guaranteed, then was brought back on a pair of two-way contracts and eventually a rest-of-season agreement.

Prior to officially signing Johnson, the Pacers are carrying 12 players on fully guaranteed salaries for 2024/25, with James Wiseman on a partially guaranteed deal and Kendall Brown on a non-guaranteed contract.

Nets To Sign Killian Hayes

July 25th, 2024 at 5:20pm CST by Luke Adams

5:20pm: Hayes’ deal with the Nets will be a non-guaranteed Exhibit 10 contract, tweets Stefan Bondy of The New York Post.

4:25pm: The Nets have agreed to a deal with former lottery pick Killian Hayes, according to Shams Charania of The Athletic, who reports (via Twitter) that Hayes will sign a one-year contract and will have an opportunity to compete for a regular season roster spot in Brooklyn.

The seventh overall pick in the 2020 draft, Hayes spent three-and-a-half seasons with the Pistons before being waived this February at the trade deadline. He has been an unrestricted free agent since then.

Hayes, who will turn 23 on Saturday, entered the NBA with a reputation for being a solid defender and passer whose offensive game was a work in progress, and that’s essentially still the case, as his shooting percentages increased only marginally over the course of his four years in the league.

Hayes averaged 6.9 points, 4.9 assists, and 2.8 rebounds in 24.0 minutes per game across 42 appearances (31 starts) this past season, with a shooting line of .413/.297/.660. Those field goal and three-point percentages actually represent career bests. His career NBA averages are 8.1 PPG, 5.2 APG, and 2.9 RPG on .382/.277/.775 shooting in 210 games (145 starts).

While the exact details of Hayes’ deal have yet to be reported, it’ll almost certainly be a minimum-salary contract. And since he isn’t assured of a 15-man roster spot, I’d expect his salary to either be non-guaranteed or to include just a modest partial guarantee.

The Nets are carrying 15 players on standard contracts prior to officially signing Hayes. Of those players, 13 are on fully guaranteed deals. Keon Johnson has a $250K partial guarantee, while Jalen Wilson has a partial guarantee of $75K.

Anthony Gill Re-Signs With Wizards

July 25th, 2024 at 1:58pm CST by Dana Gauruder

1:58pm: While we don’t yet know the terms of the contract, Gill has officially re-signed with the Wizards, according to NBA.com’s transactions log.

10:25am: Free agent forward Anthony Gill is re-signing with the Wizards, ESPN’s Tim Bontemps tweets.

Gill, 31, has played the last four seasons with Washington. Last season, he appeared in 50 games (three starts) and averaged 3.8 points and 1.9 rebounds in 9.3 minutes per contest.

Gill reached double figures in points in six of the last 11 games of the season when he saw regular playing time on a depleted roster. His two-year, veteran’s-minimum deal expired at the end of the season.

He’ll add depth, experience and leadership to a mostly young roster. No details of the agreement have been reported but the addition of Gill would give the Wizards 19 players on their training camp roster, including 17 on standard contracts. Two of those players on standard deals (Eugene Omoruyi and Jared Butler) have non-guaranteed salaries.

Over his four-year career, Gill has averaged 3.6 points and 1.8 rebounds in 9.9 minutes per game across 179 outings.

Gill had reportedly drawn interest from multiple European teams, including Barcelona and Anadolu Efes, but preferred to remain in the NBA. Gill started his professional career in Europe, having played for Russian club Khimki from 2017-20 after going undrafted out of Virginia.

Heat Sign Josh Christopher To Two-Way Contract

July 25th, 2024 at 1:27pm CST by Rory Maher

The Heat have signed free agent guard Josh Christopher to a two-way contract, the team announced (via Twitter). To create a two-way roster spot, Miami waived undrafted rookie Zyon Pullin.

Christopher is a former first-round pick (24th overall in 2021) who spent his first two NBA seasons in Houston before being traded to Memphis last summer. The Grizzlies eventually waived Christopher and his guaranteed contract for 2023/24 in late September, which also effectively declined his fourth-year team option for ’24/25.

Christopher later caught on with the Jazz, spending a few months with Utah on a two-way deal before being released in January. Despite being eligible to, he did not appear in an NBA game last season, having split the campaign with the Salt Lake City Stars, Utah’s NBA G League affiliate, and the Sioux Falls Skyforce, Miami’s affiliate.

The 22-year-old Christopher is being rewarded for his standout playing during Las Vegas Summer League, which saw the Heat win the championship in dramatic fashion, an overtime finish over Memphis. Christopher was named the title game’s MVP after registering a team-high 24 points, including six 3-pointers. He also added four rebounds, one assist, three steals and two blocks.

“I think this Heat culture thing just brought the best out of me. I don’t think I’ve had a series of games better than this in my life, honestly,” said Christopher, who averaged 19.3 points, 3.0 rebounds, 1.8 assists and 2.0 steals on .541/.525/.1.000 shooting in his six appearances in Vegas (25.9 MPG).

As for Pullin, the 23-year-old point guard showed flashes during Summer League, but he also didn’t earn much playing time (11.9 MPG). The former UC-Riverside and Florida star will be an unrestricted free agent in a couple days if he clears waivers.

Dru Smith and Keshad Johnson occupy the Heat’s other two-way spots, as shown by our tracker.

Stephen Curry Prefers To Stay With Warriors, But Not As “Bottom Feeder”

July 24th, 2024 at 11:01pm CST by Arthur Hill

In an interview with Marc J. Spears of Andscape, Stephen Curry emphasizes his desire to finish his career with the Warriors, but admits there are circumstances that could make him think about leaving. Curry’s comments are in response to a question about whether he would be willing to follow the path of Kobe Bryant and Dirk Nowitzki, who remained loyal to one franchise but wound up playing on average teams late in their careers.

“It’s tough, right? I’ve always said I want to be a Warrior for life,” Curry said. “At this stage in my career, I feel like that’s possible. And you can still be competitive, it doesn’t mean you guaranteed the championship. It doesn’t mean winning. Winning is always a priority, but obviously you’re realistic. It doesn’t mean that it’s going to happen if you stay the course. You need to shake things up and keep re-imagining what it looks like to evolve with what the league is at right now, with where some of these talented teams are now.

“I’m taking it one step at a time to be honest. I think that’s the only way that will protect my happiness. Also, it allows me to enjoy being myself when I’m out there playing. And I’ll continue to make the decisions that are best for me and for my career at the end of the day when it comes to just the imagination. I want to win. Let’s put it this way, it’s a long-winded way of saying that it if it is a situation where you’re a bottom feeder and it’s just because you want to stay there, I’d have a hard time with that. But I don’t think that’s going to be the reality.”

Curry is only two years removed from a championship, but Golden State was knocked out of the play-in tournament last season and the roster is starting to undergo significant changes. Klay Thompson, Curry’s longtime backcourt partner, was sent to Dallas in a sign-and-trade earlier this month, taking away an important element of the group that captured four titles over the past decade.

Curry said it still feels “weird” to think about the Warriors without Thompson, and he doesn’t expect his absence to fully sink in until the start of training camp.

“All things have to come to an end at some point. I wish it would’ve turned out differently,” Curry said. “I wish we could have rode into the sunset, all three of us [Curry, Draymond Green and Thompson] as Warriors for our whole career. [Thompson] made a decision that he felt was best for himself. What we were able to do for how long we were able to do it and together, it’s special and it speaks to how hard it is to do that. So, I’m going to choose to celebrate all the things we accomplished and all the experiences we had instead of feeling any type of resentment.”

The Warriors have retooled their roster this summer, adding De’Anthony Melton, Kyle Anderson and Buddy Hield since the loss of Thompson. Curry also pointed to Jonathan Kuminga, Brandin Podziemski and Trayce Jackson-Davis as young players who have to take on greater responsibilities for the Warriors to become title contenders again.

“You have to make the necessary adjustments and evolve how we play to maximize the team that we have,” he added. “I have an optimistic attitude that it’s going to work and that we are going to be a competitor, be in the mix until proven otherwise. That’s the only way I can think right now.”

NBA Rejects TNT’s Proposal To Match Amazon’s Media Rights Offer

July 24th, 2024 at 5:49pm CST by Luke Adams

5:49pm: TNT has promised to take “appropriate action” in a statement regarding the media rights deal (Twitter link).

“We have matched the Amazon offer, as we have a contractual right to do, and do not believe the NBA can reject it,” the network states. “In doing so, they are rejecting the many fans who continue to show their unwavering support for our best-in-class coverage, delivered through the full combined reach of WBD’s video-first distribution platforms including TNT, home to our four-decade partnership with the league, and Max, our leading streaming service.

We think they have grossly misinterpreted our contractual rights with respect to the 2025/26 season and beyond, and we will take appropriate action. We look forward, however, to another great season of the NBA on TNT and Max including our iconic Inside the NBA.”

3:42pm: Just two days after TNT Sports announced it had submitted paperwork to the league office exercising its matching rights on Amazon’s new media rights deal with the NBA, the league has responded by rejecting TNT’s proposal.

“Warner Bros. Discovery’s most recent proposal did not match the terms of Amazon Prime Video’s offer and, therefore, we have entered into a long-term arrangement with Amazon,” the league’s statement reads.

“Throughout these negotiations, our primary objective has been to maximize the reach and accessibility of our games for our fans. Our new arrangement with Amazon supports this goal by complementing the broadcast, cable and streaming packages that are already part of our new Disney and NBCUniversal arrangements. All three partners have also committed substantial resources to promote the league and enhance the fan experience.

“We are grateful to Turner Sports for its award-winning coverage of the NBA and look forward to another season of the NBA on TNT.”

This process is playing out as expected so far. As a longtime NBA broadcast partner, Warner Bros. Discovery (TNT’s parent company) was given some form of matching rights in its previous agreement with the league. However, the belief was that the NBA wouldn’t recognize those rights when TNT matched Amazon’s offer, given the differences between the two companies’ distribution methods and the sort of reach they can offer.

TNT could simply accept the NBA’s decision and back down. However, the expectation is that the company will strongly consider a legal challenge in response to the NBA’s ruling. That could result in an in-court battle over Amazon’s package or perhaps a financial settlement for WBD.

In any case, it seems more certain than ever that the NBA will move forward without TNT Sports as a partner beginning in 2025/26, when its new media rights deals go into effect. That would mean the 2024/25 season will be the last one that features national games and the popular “Inside the NBA” studio show on the network.

The league issued a separate press release officially announcing its agreements with Disney, NBCUniversal, and Amazon Prime Video.

Darius Bazley, Kenneth Lofton Jr. Waived By Jazz

July 24th, 2024 at 4:31pm CST by Arthur Hill

The Jazz have waived Darius Bazley and Kenneth Lofton Jr., the team announced in a press release.

Both players had upcoming salary guarantee dates, so it’s possible they could re-sign with Utah on new deals later in the offseason. They would have been guaranteed $400K apiece if they had remained with the team through Thursday and $600K if they had been on the opening night roster. Bazley was set to make $2.5MM this season, while Loften was signed for $2.1MM on their non-guaranteed contracts.

Bazley, a 24-year-old power forward/center, signed with Utah on March 12 and appeared in six games, averaging 8.0 points and 4.5 rebounds in 23.7 minutes per night. After being waived by Brooklyn in October, he spent most of last season with Delaware in the G League, other than a three-game stint with Philadelphia on a 10-day contract.

Lofton, a 21-year-old power forward, signed with the Jazz on March 11 and saw action in four games, averaging 13.8 points, 5.0 rebounds and 4.8 assists in 22.8 minutes per night. He appeared in 15 games with Memphis at the start of last season before being waived in December and got into two games with Philadelphia on a two-way contract.

Both players were part of Utah’s Summer League roster.

NBA Announces Details Of Media Deals With Disney, NBC, Amazon

July 24th, 2024 at 4:21pm CST by Luke Adams

After announcing that it has rejected TNT’s proposal to match Amazon’s media rights offer, the NBA formally confirmed the renewal of its broadcast agreement with Disney (ESPN/ABC) and its new deals with NBCUniversal (NBC/Peacock) and Amazon (Prime Video).

The new media deals will cover 11 years, beginning with the 2025/26 season and running through ’35/36. While the league’s announcement doesn’t share any financial details, Andrew Marchand of The Athletic pegs the value of the agreements at about $77 billion in total, with Disney paying approximately $2.6 billion per year, NBC at $2.5 billion per year, and Amazon around $1.93 billion annually.

The NBA states that the new deals will significantly increase the number of games available on broadcast television, bumping that number to about 75 per season. All national games will also be available on streaming services (Prime Video, Peacock, or ESPN’s forthcoming service).

Here are some additional details from the league:

Disney:

Disney will broadcast 80 regular season games per year, including 20+ on ABC and up to 60 on ESPN. ABC’s games will air on Saturdays and Sundays, with ESPN’s airing on Wednesdays and some Fridays.
ABC and ESPN will broadcast about 18 games in the first two rounds of the playoffs each season.
In 10 of the 11 seasons in the agreement, ABC and ESPN will air one of the two conference finals.
ABC will continue to air the NBA Finals.
ABC/ESPN will continue to air the draft, the draft lottery, and half of the Summer League games.

NBCUniversal:

NBCUniversal will distribute as many as 100 regular season games per year. More than half of those games will be broadcast on NBC on Sunday and Tuesday nights. Peacock will stream Monday night doubleheaders throughout the regular season.
The All-Star Game and All-Star Saturday Night (including the dunk contest and three-point competition) will air on NBC.
NBC and/or Peacock will air about 28 games in the first two rounds of the playoffs each season.
In six of the 11 seasons in the agreement, NBC will broadcast one of the two conference finals. They’ll rotate with Amazon beginning in 2025/26.

Amazon:

Amazon will distribute 66 regular season games per year on Prime Video. Those will include Thursday doubleheaders (beginning in January), Friday doubleheaders, some Saturday games, and at least one game on Black Friday.
Prime Video will broadcast the quarterfinals, semifinals, and final of the NBA Cup (in-season tournament).
Prime Video will broadcast all six games in the play-in tournament.
Prime Video will air approximately a third of the games in the first two rounds of the playoffs each season.
In six of the 11 seasons in the agreement, Amazon will air one of the two conference finals. They’ll rotate with NBC beginning in 2025/26.
- Note: Because NBC and Amazon will each broadcast six conference finals, there will be one year in which they each get one and Disney doesn’t.
Prime Video will air half of the Summer League games.

A lawsuit from TNT Sports – a longtime NBA broadcast partner and the odd man out in this round of negotiations – is possible after the NBA rejected TNT’s right to match Amazon’s deal.

However, according to Marchand, neither side would want an extended legal battle in which private conversations could be made public during the discovery process. That means a lawsuit may lead to a settlement, either in the form of other NBA rights or financial compensation.

Thunder’s Nikola Topic Undergoes ACL Surgery

July 24th, 2024 at 3:11pm CST by Luke Adams

Thunder rookie Nikola Topic has undergone successful surgery to address his torn left ACL, the team announced today.

According to Thunder, the procedure was performed in Los Angeles by Dr. Neal ElAttrache, with team medical personnel in attendance. As expected, Topic is projected to miss the entire 2024/25 season, postponing his NBA debut until the fall of 2025.

Word initially broke in early June that Topic had suffered a partially torn ACL, so the Thunder weren’t caught off guard by the need for surgery when they drafted the Serbian point guard with the No. 12 overall pick a few weeks later. Head of basketball operations Sam Presti confirmed when speaking to reporters following the first round of the draft that Oklahoma City expected the lottery pick to be unavailable for all of ’24/25.

Topic will be the second Thunder lottery pick in the past three years to essentially get a redshirt season. Chet Holmgren, the No. 2 overall pick in the 2022 draft, suffered a foot injury later that summer that cost him all of ’22/23.

Topic is still expected to join the Thunder shortly and spend his rookie season around the team like Holmgren did two years ago. That experience benefited Holmgren, who finished second in Rookie of the Year voting this spring after averaging 16.5 points, 7.9 rebounds, and 2.3 blocks per contest while starting all 82 games for the Thunder.

Topic will earn a $4.9MM salary in 2024/25 while he recovers from ACL surgery. He has a guaranteed salary of $5.2MM in ’25/26, followed by team options of $5.4MM and $7.5MM in his third and fourth seasons.

Knicks, Tom Thibodeau Agree To Three-Year Extension

July 24th, 2024 at 12:32pm CST by Luke Adams

The Knicks and head coach Tom Thibodeau have reached an agreement on a three-year extension, reports Adrian Wojnarowski of ESPN.

Thibodeau had one year left on his current contract, so the new deal will begin 2025 and will run through the 2027/28 season.

An extension for Thibodeau had been expected for much of the offseason after he led a banged-up roster to its second consecutive Eastern Conference semifinal this spring.

The Knicks have finished at least 10 games above .500 in three of Thibodeau’s four years at the helm, compiling a 175-143 (.550) regular season record during that time, including a 50-32 mark in 2023/24, which was the team’s best single-season record in over a decade.

As Wojnarowski observes (via Twitter), New York was one of just four teams to finish in the NBA’s top 10 in both offensive and defensive efficiency in ’23/24. The NBA’s Coach of the Year in 2011 (with the Bulls) and 2021 (with the Knicks), Thibodeau finished fifth in voting for the award this season.

Thibodeau’s extension is the latest major move in what has been an eventful offseason for the Knicks’ front office. The team kicked off the summer by making a deal with the cross-town Nets to land Mikal Bridges, then locked up top free agent OG Anunoby to a five-year contract and signed All-NBA guard Jalen Brunson to a below-market, long-term extension.

The financial terms of Thibodeau’s extension aren’t yet known. There has been speculation that his new contract will exceed $10MM per year, given the eight-figure annual salaries that coaches like Monty Williams, Erik Spoelstra, Gregg Popovich, Steve Kerr, Mike Budenholzer, and Tyronn Lue have received since last spring.