Newsstand Rumors | Hoops Rumors

Nets Convert Tyrese Martin To Two-Way; Waive Killian Hayes, Amari Bailey

October 19th, 2024 at 9:42am CST by Tristan Tucker

The Nets have converted forward Tyrese Martin to a two-way contract and waived guards Killian Hayes and Amari Bailey, according to HoopsHype’s Michael Scotto and New York Post’s Brian Lewis (Twitter links).

Brooklyn’s roster now stands at the regular season limit of 18 players, with 15 on standard contracts and all three two-way slots filled.

Martin, the No. 51 overall pick in the 2022 draft, spent the first year of his career with the Hawks. He only saw action in 16 games and was waived the following offseason. Martin played last season for the Timberwolves’ G League affiliate in Iowa, averaging 16.9 points and 7.7 rebounds in 39 games.

A former UConn standout, Martin signed to an Exhibit 10 deal with Brooklyn this offseason. He stood out in four preseason appearances with the Nets, averaging just 4.8 PPG but often receiving playing time alongside the Nets’ bench players and other two-ways. He was ahead of Bailey and the other non-guaranteed training camp invitees in minutes.

Hayes spent the first four seasons of his career in Detroit after being drafted with the No. 7 overall pick in 2020. He showed chops as a play-maker, averaging 5.2 assists per game across 210 career appearances, but he only shot 38.2% from the field in those games. After being waived by the Pistons at last season’s trade deadline, he didn’t catch on with another team for the rest of 2023/24.

This offseason, Hayes signed an Exhibit 10 deal with the Nets. While his four years of NBA service made him ineligible for a two-way deal, he’ll still qualify for a bonus worth $77.5K if he spends at least 60 days with Brooklyn’s G League affiliate in Long Island.

Hayes didn’t suit up in a preseason game with the Nets while dealing with a hip injury. According to Charania, he’ll rehab the injury in the G League this season.

Bailey was a one-and-done prospect after suiting up for UCLA in 2022/23. He was the 41st pick in the 2023 draft by the Hornets and spent last season on a two-way deal. However, Bailey only got into 10 NBA games and the Hornets opted not to bring him back in free agency, leading to him signing an Exhibit 10 deal with the Nets.

He played more extensively in the G League as a rookie, averaging an impressive 18.8 points and 4.3 assists on a .452/.358/.705 shooting split. Like Hayes, he’ll be eligible for a $77.5K bonus if he winds up spending at least two months with Long Island.

Given that both players are 23 or younger, there’s a chance the rebuilding Nets could revisit one or both if they open up roster spots via trade this season.

Blazers’ Thybulle Out 3-4 Weeks Due To Knee Procedure

October 18th, 2024 at 7:34pm CST by Luke Adams

Trail Blazers swingman Matisse Thybulle will miss the start of the regular season after undergoing a procedure on Thursday to address inflammation in his right knee, the team announced (via Twitter).

According to the Blazers, Thybulle will resume rehabilitation work on the knee and is expected to be sidelined for three or four weeks.

Thybulle, who was acquired by the Blazers in a trade at the 2023 deadline, appeared in 65 games in his first full season in Portland in 2023/24, making 19 starts and averaging 22.9 minutes per night. His contributions on offense were modest (5.4 PPG on .397/.346/.759 shooting), but he’s a talented, versatile wing defender, having made a pair of All-Defensive Second Teams during his time in Philadelphia.

Even if Thybulle is only out for the next three weeks, he’ll miss the first 10 games of Portland’s season, so the team will need to get by without him on the wing until then. The Blazers will also be without Shaedon Sharpe to open the season due to a shoulder injury.

With Thybulle on the shelf, second-year forward Toumani Camara should play more minutes behind veteran starters Deni Avdija and Jerami Grant, or even alongside them. Camara has impressed during the preseason and was pushing for a bigger role before Thybulle’s injury, as Sean Highkin of The Rose Garden Report details in a Substack article.

Reserves Jabari Walker, Kris Murray, and Dalano Banton are among the other candidates to move up the depth chart in Thybulle’s absence.

Knicks’ Shamet Diagnosed With Dislocated Shoulder

October 18th, 2024 at 5:15pm CST by Luke Adams

Knicks wing Landry Shamet, who suffered an injury during Tuesday’s preseason game against Charlotte, has been diagnosed with a dislocated right shoulder and will be reevaluated at a later date, the team announced today (via Twitter).

According to Ian Begley of SNY.tv (Twitter link), Shamet’s injured right shoulder continues to be examined, but there’s “initial optimism” about his odds of avoiding surgery.

Although Shamet is with the Knicks this fall on a non-guaranteed minimum-salary contract, reports throughout the preseason indicated he was a strong contender to earn a spot on the team’s regular season roster. His injury complicates matters, since New York lacks back-end roster depth and spending flexibility below its hard cap — retaining and paying Shamet while he’s injured may not be the best use of a roster spot or of the team’s limited spending room.

The Knicks’ 12 players on fully guaranteed salaries count for about $185.35MM against the apron, leaving just $3.58MM in wiggle room below the team’s second apron ($188.93MM) hard cap. That’s not even enough for two minimum-salary veterans, so the club will likely fill its roster with one minimum-salary vet and one minimum-salary rookie (Ariel Hukporti is reportedly the frontrunner to be converted).

As James L. Edwards III of The Athletic points out (via Twitter), the fact that the Knicks said Shamet will be evaluated “at a later date” may be a signal that they don’t plan to waive him, though that’s hardly a sure thing. If Shamet is cut, the Exhibit 9 language in his contract means the team would only be on the hook for $15K rather than having to pay his salary until he gets healthy.

We should get clarity soon on the Knicks’ plans, but it’s worth noting that the team is permitted to carry fewer than 14 players on standard contracts for up to two weeks at a time and for up to 28 total days during the 2024/25 season. That means New York could opt to waive Shamet and its other camp invitees while postponing Hukporti’s conversion for now, rolling with just 12 players on the standard roster for the season’s first 14 days. The Knicks could then bring back Shamet at a later date.

Pacers Exercise Three 2025/26 Options, Waive Cole Swider

October 18th, 2024 at 4:23pm CST by Luke Adams

The Pacers have completed a series of transactions, announcing in a press release that they’ve exercised their 2025/26 team options on swingman Bennedict Mathurin, forward Jarace Walker, and guard Ben Sheppard. The team also requested waivers on forward Cole Swider.

The option pick-ups are fairly routine housekeeping moves that ensure all three recent first-round picks now have guaranteed salaries for at least one more season beyond ’24/25. Mathurin’s fourth-year option is worth $9,187,573, while Walker’s third-year option is worth $6,665,520 and Sheppard’s will pay him $2,790,720.

Mathurin will be eligible for a rookie scale extension during the 2025 offseason, while Indiana will have fourth-year option decisions to make on Walker and Sheppard next fall.

The release of Swider is the most notable transaction in the bunch, as the Pacers’ decision to cut Kendall Brown earlier this week seemingly paved the way for Swider to earn a spot on the 15-man regular season roster. Still, Indiana isn’t far below the luxury tax line, so the club may opt to open the regular season with just 14 players on standard contracts, leaving that final spot open to maximize its roster and financial flexibility.

Of course, regular season rosters don’t have to be finalized until Monday, so there’s still time for the Pacers to make additional moves. As Dustin Dopirak of The Indianapolis Star writes, the team could theoretically promote one of its current two-way players to a standard deal and bring back Swider on a two-way contract. However, there have been no reports yet suggesting that’s the plan.

Swider’s non-guaranteed training camp contract with the Pacers didn’t include Exhibit 10 language, so it doesn’t appear likely that he’ll end up with the Indiana Mad Ants, the team’s G League affiliate.

Hornets’ Charlie Brown Jr. Among Latest NBA Cuts

October 18th, 2024 at 10:10am CST by Rory Maher

The Hornets have waived Charlie Brown Jr., Harry Giles and Keyontae Johnson, the team confirmed in a press release. Rod Boone of The Charlotte Observer was first to report the moves (Twitter link).

Brown has appeared in 49 regular season games with Atlanta, Oklahoma City, Dallas, Philadelphia and New York over the course of his four NBA seasons. The 27-year-old was signed-and-traded to the Hornets from the Knicks as part of the Karl-Anthony Towns blockbuster.

While it’s not surprising that Brown was released given Charlotte’s roster situation, it’s still a noteworthy event because he will be owed a guaranteed $2,237,692 for the 2024/25 season. Assuming he goes unclaimed, the Hornets will carry that salary as a dead-money cap hit on their books.

Notably, veteran swingman DaQuan Jeffries — another player acquired via sign-and-trade from the Knicks — was not cut today. That could mean the Hornets plan to keep him into the start of the regular season even though he fractured a bone in his hand last week. The team didn’t give a timetable for his return.

Both Giles and Johnson were on non-guaranteed training camp deals. A North Carolina native who played college ball at Duke, Giles is a former first-round pick (No. 20 overall in 2017) whose career was derailed by a series of major knee injuries. The 26-year-old big man split last season with the Nets and Lakers.

As for Johnson, he spent 2023/24 — his rookie season — on a two-way contract with the Thunder, but they chose not to give him a two-way qualifying offer over the summer, making him an unrestricted free agent.

Johnson, who had Exhibit 10 language in his contract, can earn a bonus worth $77.5K if he spends at least 60 days with the Greensboro Swarm, Charlotte’s NBA G League affiliate. Giles’ deal didn’t include an Exhibit 10 clause, so he wouldn’t be eligible for the same bonus and therefore seems unlikely to end up with the Swarm.

The Hornets now have 17 players under contract, with 14 players on guaranteed standard deals, Taj Gibson with a significant partial guarantee on his minimum-salary deal, and a pair of players on two-way contracts. NBA teams are permitted to carry three two-way players, so the team still has one roster vacancy ahead of the regular season.

Here are a few more players who were waived on Friday — all three were on non-guaranteed training camp deals:

The Kings have waived undrafted rookie Boogie Ellis, reports Michael Scotto of HoopsHype (via Twitter). The former USC guard, who had a solid preseason showing with Sacramento, will likely be headed to the Stockton Kings to begin his first professional season. Sacramento will still have to waive at least a couple more players beyond Ellis to set its regular season roster.
The Thunder announced that they have released Buddy Boeheim and Cormac Ryan. Both players will likely be headed to the Oklahoma City Blue, the Thunder’s NBAGL affiliate. The Thunder now have 18 players under contract, which is the regular season limit.

Kevin Durant: “Not Even Thinking About” Possible Extension

October 17th, 2024 at 4:14pm CST by Rory Maher

Speaking on Thursday to reporters, including Duane Rankin of The Arizona Republic, Suns star Kevin Durant downplayed the possibility of signing a one-year, $59.5MM extension prior to Monday’s deadline.

“I’m not even thinking about it,” Durant said after Thursday’s shootaround. “I’m just going to play out my contract really, and just focus on that. Focus on the team. I haven’t even really had conversations with anybody about a contract. Trying to focus on basketball.”

Durant, who became the first men’s basketball player to win four Olympic gold medals over the summer, will earn $51.8MM in 2024/25, followed by $54.7MM in ’25/26.

He can currently only tack on one year to his current contract due to the Over-38 rule. If he doesn’t sign a new contract by Monday, he’ll be ineligible to complete an extension during the season, but will be eligible again during the 2025 offseason.

According to ESPN’s Bobby Marks (Insider link), there’s a “strong likelihood” that Durant will hold off on extension talks until next offseason, when he’d be eligible to sign a two-year, $123.8MM extension.

Durant, 36, is one of the most accomplished players in NBA history, with 14 All-Star nods, 11 All-NBA appearances, four scoring titles, an MVP, two championships, and two Finals MVPs on his résumé.

In 75 regular season games last season, the 6’11” forward averaged 27.1 PPG, 6.6 RPG, 5.0 APG, 0.9 SPG and 1.2 BPG on .523/.413/.856 shooting (37.2 MPG).

Trail Blazers Waive Devonte’ Graham

October 17th, 2024 at 3:19pm CST by Rory Maher

The Trail Blazers have waived veteran guard Devonte’ Graham, the team confirmed in a press release (Twitter link). Aaron Fentress of The Oregonian was first to report the move.

Assuming he goes unclaimed, Graham will become an unrestricted free agent on Saturday.

Graham signed a non-guaranteed Exhibit 9 contract with Portland in August in the hope of making the regular season roster. He was competing with Dalano Banton for the 15th and final standard roster spot — Graham being released drastically improves Banton’s odds of making the team.

The news doesn’t come as a surprise, but it was still a key roster battle to monitor. Banton impressed the Blazers down the stretch of last season, and they picked up their 2024/25 team option on his contract at the end of June, giving him a partial guarantee of $217,533, with the remainder of his $2,196,970 salary still non-guaranteed. If Banton makes the opening night roster, his partial guarantee will increase to $1,098,485.

A former second-round pick (No. 34 overall in 2018) who played four years of college ball at Kansas, Graham had some productive seasons with Charlotte in his first few NBA seasons, including averaging 18.2 points, 7.5 assists, 3.4 rebounds and 1.0 steal per contest in 63 games in ’19/20 (35.1 MPG).

However, the six-year veteran only appeared in 23 games for San Antonio last season, averaging a career-low 13.6 minutes, and was traded to the Hornets in July in a salary dump. Charlotte promptly waived him before his full $12,650,000 salary became guaranteed, but Graham will still be paid his $2.85MM partial guarantee, with the Hornets carrying that figure as a dead-money cap hit.

Portland’s roster could be ready for the regular season, though there’s still time to make some minor additions for G League purposes. The team now has 18 players under contract, with 15 players on standard deals and all three of its two-way slots filled.

Clippers’ Kawhi Leonard Out Indefinitely With Knee Issue

October 17th, 2024 at 2:07pm CST by Rory Maher

Clippers star forward Kawhi Leonard is expected to be out indefinitely as he continues to rehab from right knee inflammation, league sources tell Shams Charania and Ohm Youngmisuk of ESPN.

At the team’s media day on September 30, Leonard expressed optimism about being ready for the regular season opener on October 23. Based on ESPN’s report, there’s essentially no chance of that happening.

Leonard, who dealt with inflammation in his right knee at the end of last season and underwent surgery during the offseason, has yet to take part in contact drills and is working on strengthening the knee. He was ruled out for the remainder of preseason earlier this week.

“He has not been a part of what we’ve been doing on a daily basis,” Clippers assistant coach Brian Shaw said after Wednesday’s practice. “I know the company line has been that we’re going to be patient with him, so he’s doing everything that he can to rehab it and strengthen that knee on his own with our medical staff. And we’re just dealing with the guys that we have [available].”

According to ESPN’s duo, the Clippers and Leonard are working together to find the best long-term solution to keep the two-time Finals MVP healthy. The team plans to be cautious with Leonard, who tore his right ACL in 2021, then his right meniscus in 2023. He missed the entire 2021/22 season while recovering from the ACL injury.

A two-time Defensive Player of the Year, the 33-year-old remains a two-way force when active. He appeared in 68 games last season (34.3 MPG), averaging 23.7 PPG, 6.1 RPG, 3.6 APG, 1.6 SPG and 0.9 BPG on .525/.417/.885 shooting. However, as previously mentioned, he was hampered by the knee inflammation to end ’23/24, including in L.A.’s first-round playoff loss to Dallas.

Leonard was originally on USA Basketball’s roster for the 2024 Olympics in Paris over the summer, but he was replaced with Derrick White before the event began. Team USA claimed the gold medal after edging past Serbia and France in the semifinal and final, respectively.

With Leonard sidelined to open the season and Paul George departing for Philadelphia in free agency, the Clippers will have a difficult task in replacing their production, particularly on offense. They’ll need multiple players to step up, with offseason additions Derrick Jones and Nicolas Batum among the candidates for more playing time.

Leonard is under contract through ’26/27 after signing a three-year, $152MM extension last season.

Bulls Waive Onuralp Bitim, Kenneth Lofton Jr.

October 17th, 2024 at 10:30am CST by Dana Gauruder

The Bulls have waived Onuralp Bitim and Kenneth Lofton Jr., the team tweets.

Bitim was battling for the last spot on the roster on a non-guaranteed contract. The 25-year-old would have received $350K if he had made the opening night roster. He underwent surgery for a detached retina in the spring.

Bitim began last season on a two-way contract but was promoted to Chicago’s standard roster in February. After making his NBA debut on February 22, he appeared in 22 total games for Chicago, averaging 3.6 points and 1.5 rebounds in 12.0 minutes per contest, with a shooting line of .381/.273/.800.

Lofton, who signed an Exhibit 10 contract in August, began last season on the Grizzlies’ 15-man roster, but was waived in December. He spent a couple months on a two-way deal with Philadelphia, then was waived again in March and signed a rest-of-season contract with the Jazz, who cut him before his ’24/25 salary became partially guaranteed.

Assuming Lofton isn’t claimed, he’ll receive a bonus worth $77.5K if he joins the G League’s Windy City Bulls and remains with them for at least 60 days.

The Bulls camp roster now stands at 18, including a pair of two-way players.

These moves would seemingly improve the chances of Talen Horton-Tucker making the roster. He signed an Exhibit 10 contract last month.

Isaiah Hartenstein Fractures Left Hand

October 17th, 2024 at 8:49am CST by Dana Gauruder

Thunder center Isaiah Hartenstein, one of the summer’s top free agent acquisitions, sustained a small, non-displaced fracture in his left hand during the second half of Tuesday’s preseason game in Denver. He will be reevaluated in five-to-six weeks, the Thunder announced on Thursday.

Given that timeline, Hartenstein will be sidelined until at least late November.

The injury temporarily derails Oklahoma City’s plans for a bigger lineup pairing Hartenstein and Chet Holmgren. Oklahoma City was already dealing with frontcourt injuries — Jaylin Williams is nursing a right hamstring strain, while Kenrich Williams had a knee procedure last month.

Jalen Williams figures to reclaim the power forward starting role until Hartenstein returns.

Hartenstein had a breakout season with the Knicks in his walk year and cashed in, signing a three-year, $87MM deal with the Thunder that includes a team option for 2026/27. Hartenstein averaged 7.8 points, 8.3 rebounds, 2.5 assists, 1.2 steals and 1.1 blocks in 25.3 minutes per game last season. He also started 13 postseason contests with Mitchell Robinson sidelined.

Hartenstein had appeared in three preseason games with the Thunder.