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Celtics Sign Jrue Holiday To Four-Year Extension

April 11th, 2024 at 12:15pm CST by Rory Maher

April 11: Holiday’s extension is now official, the Celtics announced in a press release.

“In addition to being one of the more accomplished players in the league, Jrue is an elite teammate and competitor,” said president of basketball operations Brad Stevens. “He is simply a person who raises everyone’s level around him. He combines an unselfishness to do whatever is best for the team with an edge to take on any challenge at any time. We are grateful that Jrue is a Celtic.”

April 10: The Celtics are signing Jrue Holiday to a four-year, $135MM contract extension, agent Jason Glushon tells ESPN’s Adrian Wojanrowski.

A source tells Adam Himmselsbach of The Boston Globe (Twitter link) that the final season (2027/28) of Holiday’s new deal is a player option.

As Wojnarowski writes, Holiday is declining his $37.3MM player option for 2024/25 in order to sign a long-term deal with Boston that will save the team “several million dollars” toward next season’s salary cap.

According to ESPN’s Bobby Marks (Twitter links), Holiday’s extension will pay him $30.1MM next season, reducing the Celtics’ projected luxury tax bill by over $35MM. There’s also a scenario in which Boston could get under the second tax apron next season if the club trims payroll this summer, Marks adds.

The old Collective Bargaining Agreement did not permit players to decline an option and replace it with a lower salary via an extension, making Holiday the first player to utilize the change in the new CBA, notes cap expert Yossi Gozlan (via Twitter).

Holiday, who was traded from Milwaukee to Portland in late September before being re-routed to Boston on October 1, is a two-time All-Star and five-time All-Defensive team member. The Celtics were limited to offering Holiday a two-year extension until April 1, when the six-month post-trade restriction lifted.

Chris Mannix of SI.com hears (via Twitter) the Celtics and Holiday “have been thrilled” with their partnership, and Boston knew it would take a lucrative long-term deal in order to retain the veteran guard and have him avoid free agency.

Interestingly, Holiday’s new extension is essentially an exact replica of the four-year, $135MM extension he signed three years ago with Milwaukee, per Wojnarowski. Holiday, 33, becomes the fourth player in league history to sign a guaranteed $100MM+ contract at 33 years old or older, joining LeBron James, Stephen Curry and Al Horford.

Since he’s often a fourth or fifth option on offense for Boston, Holiday’s scoring (12.5 PPG) and assists (4.9 APG) are down this season. However, he’s averaging a career-high 5.4 rebounds per game while shooting a career-best 43.1% from deep in 68 games (32.9 MPG).

The Celtics are currently 62-17, holding by far the best record in the NBA. They’re 14 games ahead of the East’s No. 2 seed, Milwaukee, and lead the top Western teams by seven games.

Hawks’ Johnson, Okongwu To Miss Multiple Weeks

April 11th, 2024 at 11:55am CST by Rory Maher

Hawks forward Jalen Johnson underwent an MRI on Wednesday that revealed a Grade 2 lateral ankle sprain. He’ll be reevaluated in about three weeks, Atlanta announced in a press release.

Johnson, 22, has had a breakout third season for the Hawks, averaging 16.0 PPG, 8.7 RPG, 3.6 APG and 1.2 SPG on .511/.355/.728 shooting in 56 games (33.7 MPG). He sustained the injury in Tuesday’s double-overtime loss to Miami.

The former first-round pick will be eligible for a rookie scale extension in the offseason. If no deal is reached, Johnson will hit restricted free agency in 2025.

The Hawks also provided an injury update on backup big man Onyeka Okongwu, who has been limited to just two games since the All-Star break due to a left big toe sprain. Okongwu underwent a non-surgical procedure in California on Tuesday in order to address ongoing inflammation in the toe, per the team. He’ll be reevaluated in approximately four weeks.

Okongwu, 23, has averaged 10.2 PPG, 6.8 RPG and 1.1 BPG on .611/.333/.793 shooting in 55 games in 2023/24 (25.5 MPG). He signed a four-year, $62MM rookie scale extension last offseason that begins in ’24/25.

The injuries are devastating for the Hawks, who just got Trae Young back from hand surgery on Wednesday but will now be missing three of their top frontcourt players entering the play-in tournament. Forward Saddiq Bey is also out for the season after suffering a torn ACL.

Atlanta is currently 36-44, the No. 10 seed in the East, and trail the No. 9 Bulls by 1.5 games with two games remaining in the regular season.

Forward De’Andre Hunter and center Bruno Fernando will likely receive extra playing time entering the postseason. Guard/forward Vit Krejci is also a candidate to be promoted from his two-way deal, but the Hawks have a full 15-man roster, so they’d have to waive someone in order to convert the former second-round pick.

Adam Silver On Wolves Dispute, Porter Investigation, More

April 10th, 2024 at 11:02pm CST by Rory Maher

Speaking to the media on Wednesday following a two-day meeting of the league’s Board of Governors, commissioner Adam Silver said the NBA likely won’t get involved in the Timberwolves‘ ownership dispute between current majority shareholder Glen Taylor and minority stakeholders Marc Lore and Alex Rodriguez, writes Chris Hine of The Star Tribune.

“It’s not clear whether there will be a role for the league to get involved,” Silver said. “… They have a purchase agreement and there’s a dispute now in the purchase agreement and in their purchase agreement, they, in essence, pre-agreed to a dispute resolution mechanism that includes mediation and arbitration, and that’s where it stands.

“There is no role for the league in that process.”

At Taylor’s request, Lore and Rodriguez agreed to buy the Timberwolves in three parts over multiple years. Lore and Rodriguez made the first two payments and currently control a 36% stake in the franchise, but Taylor voided the contract when he said the duo didn’t complete their final purchase option for another 40% on March 27. Silver suggested the unique structure of the deal may not permitted in future ownership transactions.

“It’s certainly not ideal to have a stepped transaction like this,” Silver said. “I mean, it met our rules from that standpoint. And it’s what Glen Taylor wanted and it’s what they were willing to agree to at the time. But I think once the dust clears on this deal, it may cause us to reassess what sort of transactions we should allow.”

Here’s more from Silver’s press conference, which covered several other topics:

Raptors big man Jontay Porter, who is on a two-way deal, is under league investigation following multiple instances of betting irregularities related to his on-court performance. According to Brian Mahoney of The Associated Press, Silver said Porter could be permanently barred from the NBA if what he’s accused of is discovered to be true. “I have enormous range of discipline available to me,” Silver said. “It’s cardinal sin what he’s accused of in the NBA. The ultimate extreme option I have is to ban him from the game. That’s the level of authority I have here because there’s nothing more serious.” Porter has been listed as out for personal reasons for the past 10 games.
The NBA has multiple partnerships with gambling companies. Silver suggested the incident may cause the league to reevaluate those relationships going forward, per Tim Bontemps of ESPN. “At the end of the day, there’s nothing more important than the integrity of the competition,” Silver said. “And so, any issue raised around that is of great concern to me and to all commissioners, to all people who are safeguards, who are all people who are in a position and have a responsibility to safeguard the game. Again, this is a burgeoning industry in the United States. It’s been legal in other places in the world for decades. There’s lessons to be learned from the way that sports betting is monitored and regulated in other jurisdictions. And again, I think as these unfortunate examples come along, we may have to adjust our rules and our partner gaming companies and those companies that aren’t our partners may have to adjust their behavior as well.”
Silver said foul calls are down about four per game since the All-Star break and that’s something the league is pleased about, Mahoney writes. “I think there was a sense earlier in the season that there was too much of an advantage for the offensive players,” Silver said as part of a larger quote. “But again, the context is two fouls per team per game, and the end result, most importantly, we think is a better game.”
According to Mahoney, Silver once again reiterated that expansion won’t be on the table until the league finishes a new media rights deal. While Seattle and Las Vegas have long been rumored as frontrunners to land new teams, Silver said no talks have begun and “no one has an inside track to getting a deal done.”
Silver said star players have averaged 15% more games played this season with the additions of the player participation policy and 65-game requirements, tweets Jeff Zillgitt of USA Today. The NBA will set an attendance record in ’23/24 as well, Silver added.

Lore, A-Rod Reportedly Projected Reduced Payroll For Wolves

April 10th, 2024 at 8:54pm CST by Rory Maher

As part of their final option to purchase a majority stake, Timberwolves minority owners Marc Lore and Alex Rodriguez projected a team payroll of $171MM for the 2024/25 season in documents shared with current majority stakeholder Glen Taylor, the NBA, and The Carlyle Group, a private equity firm, sources tell Adrian Wojnarowski of ESPN.

As Wojnarowski writes, the Wolves currently project to have a payroll of about $198MM in ’24/25. $171MM is obviously a significant reduction from that figure. It’s also just shy of the projected $171.3MM luxury tax line.

Lore and Rodriguez are currently in a contractual dispute with Taylor for majority ownership of the Wolves. Both sides declined to comment for the story, which isn’t surprising, as Wojnarowski hears the NBA asked those involved not to discuss the matter publicly. All three owners gave several interviews a couple weeks ago after Taylor announced he was retaining majority ownership of the Wolves and WNBA’s Lynx.

According to Wojnarowski, the reduced payroll for next season was one factor that led Taylor to void the contract with Lore and A-Rod. Taylor was concerned that such a cut “would jeopardize the franchise’s ability to compete for a championship,” Woj adds.

Of course, there’s some irony there, since Taylor isn’t exactly known for being a big spender. Since he bought the Wolves in 1994, he has only paid a total of $25MM in luxury tax penalties, with less than $2MM coming since 2005. The Wolves project to be above the second tax apron next season, with a tax bill exceeding $25MM.

“I just think (we) built this team,” Taylor told The Athletic in explaining why he’s not putting the team back on the market. “We’ve got the players now. And it appears to me that we should have a very positive run for a number of years, and I want to be a part of that.”

While there have been rumors about Lore and Rodriguez’s ability to spend on the team going forward, since neither is a billionaire, they did approve of the contract extensions for Jaden McDaniels and Mike Conley as minority owners, sources tell Wojnarowski. Those deals increased Minnesota’s projected tax bill for ’24/25.

Lore and Rodriguez were also reportedly instrumental in hiring president of basketball operations Tim Connelly, who made the blockbuster trade for Defensive Player of the Year frontrunner Rudy Gobert. That move was quite controversial at the time, but it has paid off thus far in ’23/24, with the Wolves currently 55-24, the No. 1 seed in the West.

Giannis Antetokounmpo To Miss Rest Of Regular Season With Left Soleus Strain

April 10th, 2024 at 4:50pm CST by Dana Gauruder

APRIL 10, 4:50pm: According to the Bucks (Twitter link), an MRI confirmed that Antetkounmpo sustained a left soleus strain on Tuesday. He will miss the final three games of the regular season and will receive “daily treatment and evaluation,” per the team, with no return timeline provided.

APRIL 10, 6:42am: Antetokounmpo hasn’t sustained any damage to his left Achilles tendon, league sources tell Shams Charania of The Athletic (Twitter link).

While that’s good news for the Bucks and their star forward, Charania notes (via Twitter) that calf strains typically necessitate a recovery timeline of at least a week or two. Antetokounmpo’s return to play will be based on how his calf responds to treatment and rehab, Charania adds.

APRIL 9: Bucks superstar Giannis Antetokounmpo will undergo an MRI on his strained left calf, ESPN’s Adrian Wojnarowski tweets.

Antetokounmpo injured himself merely jogging up the court during the third quarter against the Celtics on Tuesday. He crumbled to the ground in the backcourt and grabbed his left leg. He was carried back to the locker room by teammates, ESPN’s Jamal Collier writes.

The injury has been described as a left soleus strain. The soleus is a muscle in the back part of the calf.

Milwaukee coach Doc Rivers said after the game that his franchise player would also have his Achilles tendon evaluated, Jim Owczarski of the Milwaukee Journal Sentinel tweets. “So, we’re just gonna hope for the best,” Rivers said.

It’s an ominous development with the postseason fast approaching. Antetokounmpo missed two games during the first round of the playoffs last season due to a back injury. Miami upset top-seeded Milwaukee, 4-1.

Antetokounmpo was listed on the injury report prior to Tuesday’s game with left hamstring tendinopathy before being upgraded to probable. Milwaukee defeated Boston to strengthen its hold on the second seed in the Eastern Conference. The Bucks had lost their previous four games.

USC’s Isaiah Collier Entering 2024 NBA Draft

April 10th, 2024 at 11:28am CST by Luke Adams

USC freshman Isaiah Collier is entering the 2024 NBA draft, he tells Adrian Wojnarowski of ESPN.

According to Wojnarowski, Collier will be represented by agent B.J. Armstrong of Wasserman. Since Armstrong isn’t on the list of NCAA-certified agents, that means Collier will be forgoing his remaining college eligibility and going pro this spring.

Once listed as the top prospect on ESPN’s big board of 2024 prospects, Collier now ranks 11th following an up-and-down season that was interrupted for several weeks in January by a fractured hand.

Collier finished strong after returning from that injury, posting full-season averages of 16.3 points, 4.3 assists, 2.9 rebounds, and 1.5 steals in 30.0 minutes per game across 27 contests. The 6’5″ guard made 49.0% of his shot attempts from the floor, but just 33.8% of his threes and 67.3% of his free throw tries.

According to ESPN’s Jonathan Givony, Collier is highly regarded by NBA evaluators due to his “combination of size, changing speeds, live-dribble passing and bully-ball finishing.” A former No. 1 high school recruit, Collier is one of the few players in the 2024 draft class with legitimate star-level upside, Givony adds.

Trae Young Could Return As Soon As Wednesday

April 10th, 2024 at 9:27am CST by Luke Adams

Trae Young is nearing a return to action, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that the Hawks‘ star guard could play as soon as Wednesday vs. Charlotte.

The team announced earlier this week that Young, who underwent left hand surgery in February after tearing a ligament in his finger, had been cleared for practice and contact, so Wojnarowski’s report doesn’t come as a major surprise.

It sounds like Atlanta’s goal will be to get Young back on the court for at least a couple games before the team’s play-in matchup vs. Chicago next week. After tonight’s contest vs. the Hornets, the Hawks will wrap up their regular season schedule by visiting Minnesota on Friday and Indiana on Sunday.

Although they’re locked into the No. 9 vs. 10 play-in game, the Hawks could gain home court advantage for that win-or-go-home showdown with a strong finish. They’re currently one game back of Chicago in the standings, though the Bulls hold the tiebreaker.

The Hawks won 12 of their first 20 games after Young went down in February, but are currently in the midst of a three-game losing streak and will welcome the return of their leading scorer. An All-Star this season for the third time in his career, Young has averaged 26.4 points and a career-high 10.8 assists in 51 games (36.5 MPG), with a shooting line of .426/.371/.856.

Kentucky’s Rob Dillingham Declares For 2024 NBA Draft

April 9th, 2024 at 3:01pm CST by Luke Adams

Following his freshman season at Kentucky, guard Rob Dillingham told Malika Andrews of ESPN on NBA Today this afternoon that he’ll declare for the 2024 NBA draft and go pro. As Jonathan Givony of ESPN relays, Dillingham said he has hired Klutch Sports for representation.

Dillingham came off the bench for the Wildcats in 2023/24, but put up big numbers in a somewhat limited role, averaging 15.2 points and 3.9 assists in just 23.3 minutes per game across 32 appearances. He also posted an impressive .475/.444/.796 shooting line.

Dillingham was named the SEC’s Sixth Man of the Year and earned a spot on the All-SEC second team as he raised his draft stock significantly over the course of his freshman year. Givony cites the 19-year-old’s “open-court explosiveness, advanced ball-handling ability, (and) creativity as a passer and finisher” as a few reasons why he’s now viewed as a potential top-five pick.

Dillingham currently ranks fourth overall on ESPN’s list of top 100 prospects for 2024. He’s the second-highest ranked NCAA prospect and the No. 1 point guard on ESPN’s board, though he says he’s not concerned about how high he gets drafted.

“It doesn’t matter what pick I am, if I get picked 60th,” Dillingham said. “I want to go to a team that trusts me and can help me build, and I can build with them, and make me better. I just want to help my team win, and they can develop me and teach me things.”

Suns Sign Isaiah Thomas For Rest Of Season

April 9th, 2024 at 12:47pm CST by Rory Maher

APRIL 9: Thomas’ rest-of-season contract with the Suns is now official, per NBA.com’s transaction log.

APRIL 8: The Suns intend to make veteran guard Isaiah Thomas playoff-eligible by signing him for the rest of the 2023/24 season, reports Shams Charania of The Athletic (via Twitter).

Thomas signed a pair of 10-day contracts with Phoenix, the second of which expires tonight. The 35-year-old will fill the 15th and final spot on the Suns’ standard roster.

A former two-time All-Star, Thomas had been out of the NBA for a couple years prior to getting another shot with Phoenix. He has only played 14 minutes of garbage time across four appearances this season, but he has reportedly played well in practices and has drawn praise from head coach Frank Vogel for being a good locker room presence.

Thomas, who has played for 10 different teams in his 12 seasons, will be an unrestricted free agent this offseason.

John Gambadoro of Arizona Sports 98.7 first reported around the time that Thomas signed his first 10-day deal last month that he was expected to eventually get a rest-of-season commitment from the Suns.

The move signals that Saben Lee and Phoenix’s other two-way players will remain on their current contracts and won’t become playoff-eligible.

Grizzlies Sign Zavier Simpson, Jack White Via Hardship Exceptions

April 9th, 2024 at 9:58am CST by Luke Adams

The Grizzlies have re-signed guard Zavier Simpson following the expiration of his initial 10-day contract, the team announced today in a press release (Twitter link).

Simpson, 27, appeared in three games during his first 10 days with Memphis, averaging 5.3 points, 3.7 assists, 2.3 rebounds, and 1.7 steals in 24.0 minutes per night. He made just 22.7% of his field goal attempts, though he did knock down 3-of-8 three-pointers (37.5%).

The Grizzlies have also signed forward Jack White, according to today’s announcement. It will be White’s first time back on an NBA roster since he was waived by Oklahoma City in October.

White, who appeared in 17 NBA regular season games in 2022/23 as a member of the Nuggets, has spent this season with the South Bay Lakers in the G League. In 29 total appearances for the Lakers’ NBAGL affiliate, he averaged 9.6 PPG, 6.2 RPG, and 1.8 APG on .442/.321/.595 shooting.

Both Simpson and White were technically signed to 10-day contracts via hardship exceptions, which the Grizzlies qualified for due to the number of injured players on their roster. The deals will cover only the six days left in the regular season, however, before both players return to free agency. The club won’t hold any form of Bird rights this offseason on either player.

White will take Maozinha Pereira‘s spot on Memphis’ roster. Like Simpson, Pereira was on a 10-day contract that expired overnight on Monday, but it was his second 10-day deal with the Grizzlies, so he was ineligible to sign another one. The team is now carrying three extra players beyond its standard 15, with Simpson and White joining hardship signee Timmy Allen.