Newsstand Rumors | Hoops Rumors

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.

Spurs Inquired On Young Point Guards Before Signing CP3

July 24th, 2024 at 11:06am CST by Luke Adams

Before they signed future Hall of Famer Chris Paul to a one-year contract, the Spurs made several calls to teams around the NBA to inquire about the availability of younger point guards who have yet to enter their prime years, according to Jake Fischer of Yahoo Sports.

Darius Garland of the Cavaliers and Andrew Nembhard of the Pacers were among the players the Spurs called about, Fischer reports. Cleveland has shown no interest in moving Garland and the Pacers presumably weren’t keen on trading Nembhard either — he has agreed to a three-year contract extension with Indiana that will make him ineligible to be dealt for six months.

Fischer also mentions Hawks star Trae Young and Josh Giddey – who was sent from the Thunder to the Bulls last month – as players who had San Antonio among their preferred destinations in the event of a trade. However, Young and Giddey now appear on track to open the 2024/25 season in Atlanta and Chicago, respectively, and Fischer doesn’t specify to what level the Spurs reciprocated either player’s interest.

While Paul will be Victor Wembanyama‘s primary pick-and-roll partner for the 2024/25 season, the Spurs figure to remain on the lookout for a player who can ideally fill that role for the next decade, Fischer writes.

No. 4 overall pick Stephon Castle is one candidate — he considers himself a point guard and San Antonio targeted the former UConn star for much of the pre-draft process, sources tell Yahoo Sports. However, as Fischer observes, Castle showed with the Huskies that he can thrive alongside another point guard, so even if they’re bullish on his NBA upside, the Spurs may not be prepared yet to pencil in the 19-year-old as the long-term answer at the position.

In addition to Paul and Castle, the Spurs also still have Tre Jones in the point guard mix. Jones is in the final year of his current contract and will reach unrestricted free agency next summer.

Sam Hauser Signs Four-Year Extension With Celtics

July 23rd, 2024 at 3:42pm CST by Arthur Hill

JULY 23: The Celtics have officially signed Hauser to his extension, the team confirmed in a press release.

“You can count on Sam. He comes to work every single day with the right mindset and attitude,” president of basketball operations Brad Stevens said in a statement. “His shooting gets most of the attention – but his feel for the game, defensive versatility, and his consistency as a teammate have allowed him to impact our team in the biggest of moments. We are excited Sam has decided to extend his contract with the Celtics.”

JULY 21: The Celtics have reached an agreement with Sam Hauser on a four-year, $45MM contract extension, agent Jason Glushon tells ESPN’s Adrian Wojnarowski (Twitter link).

It’s a significant raise for the 26-year-old forward, who will make a little more than $2MM for the upcoming season. Boston picked up its team option on Hauser’s contract in late June with the intention of signing him to an extension.

There are no options in the final year so the deal is fully guaranteed, a league source tells Adam Himmelsbach of The Boston Globe (Twitter link).

Hauser is coming off a career-best season in which he played an important role off the bench in the Celtics’ run to an NBA title. He appeared in 79 games, making 13 starts and averaging 9.0 points, 3.5 rebounds and 1.0 assists per night, with a .446/.424/.895 shooting line.

Hauser has become one of the NBA’s top three-point shooters since joining the Celtics on a two-way deal after going undrafted out of Virginia in 2021. He spent most of his first season in the G League, then signed a standard contract in the summer of 2022.

Hauser’s extension is the third of the summer for Boston, which also reached long-term deals with Jayson Tatum and Derrick White. In addition, the team has signed Jaylen Brown, Jrue Holiday and Kristaps Porzingis to extensions within the past year.

In a full story on the extension, Wojnarowski notes that the Celtics now have a projected $225MM payroll for the 2025/26 season, which would result in a $210MM tax penalty and create the largest combined salary/tax bill in league history. They are also in position to exceed the second apron for each of the next two seasons, which will prevent them from being able to trade their first-round picks for 2032 and 2033.

The franchise could be in new hands by then, as the majority ownership group announced earlier this month that it plans to sell its shares in the team.

Reggie Jackson To Join Sixers After Being Waived By Hornets

July 23rd, 2024 at 9:33am CST by Luke Adams

The Hornets are waiving veteran point guard Reggie Jackson, league sources tell Roderick Boone of The Charlotte Observer. Boone had previously reported that the move was expected, and it’s now official, per NBA.com’s transaction log.

According to Adrian Wojnarowski of ESPN (Twitter link), Jackson intends to sign with the Sixers once he clears waivers.

Prior to Wojnarowski’s report, Keith Pompey of The Philadelphia Inquirer had tweeted that the 76ers would have interest in Jackson, who played with Paul George in Los Angeles from 2020-23.

A 13-year NBA veteran, Jackson spent the 2023/24 season in Denver, backing up Jamal Murray at the point. He averaged 10.2 points, 3.8 assists, and 1.9 rebounds in 22.2 minutes per game, posting a .431/.359/.806 shooting line in 82 outings (23 starts).

Jackson exercised a $5.25MM player option in June, but the Nuggets wanted to go in a different direction with their backup point guard spot and traded the 34-year-old to Charlotte along with multiple second-round picks in a salary-dump deal. Denver is poised to sign Russell Westbrook to fill the backcourt hole created by that deal.

The Hornets, meanwhile, made their trade with Denver in order to acquire those future second-round picks rather than Jackson, who wasn’t in their plans for 2024/25. It’s the second time in the last two years that Charlotte has traded for Jackson and waived him shortly thereafter — it also happened in February 2023, when the Clippers sent him to the Hornets in a deal for Mason Plumlee. Jackson was cut three few days later and caught on with Denver on the buyout market at that time.

Waiving Jackson will create an opening on Charlotte’s 15-man roster, leaving the team with 13 players on fully guaranteed contracts and one (Taj Gibson) on a partially guaranteed deal.

The Sixers, meanwhile, figure to bring Jackson aboard on a minimum-salary contract, since that’s all they can offer to free agents after having used up their cap space and their room exception. The veteran guard will be the 13th man on Philadelphia’s standard roster, providing additional depth in a backcourt that includes rising star Tyrese Maxey, veterans Kyle Lowry and Eric Gordon, and rookie Jared McCain.

A minimum deal for Jackson will pay him about $3.3MM while counting against the 76ers’ cap for just $2.09MM.