Newsstand Rumors | Hoops Rumors

Pacers’ James Wiseman Suffers Torn Achilles Tendon

October 24th, 2024 at 4:04pm CST by Rory Maher

Pacers backup center James Wiseman sustained a torn left Achilles tendon in Wednesday’s season opener vs. Detroit, reports Shams Charania of ESPN (via Twitter).

According to Charania, Wiseman and the team are working together to evaluate treatment options. Wiseman underwent an MRI on Thursday which confirmed the injury, according to a press release from the Pacers.

Wiseman suffered the injury in the first quarter while backpedaling after a missed three-point attempt (YouTube link via ESPN). He glanced behind him as though someone had kicked his leg, but there was no contact, a common sign of an Achilles injury.

It’s a devastating blow for the former No. 2 overall pick, who signed a two-year, minimum-salary deal with Indiana as a free agent over the summer. While Wiseman’s $2.2MM salary for 2024/25 is currently only partially guaranteed for $500K, it will likely become fully guaranteed due to the injury, per ESPN’s Bobby Marks (Twitter link). The Pacers hold a team option on Wiseman’s contract for ’25/26.

Wiseman had played well in the preseason, Marks notes, averaging 8.5 points and 5.8 rebounds in 12.8 minutes per game. The 23-year-old big man seemed to be ahead of fourth-year center Isaiah Jackson on the depth chart, and had six points in four minutes on Wednesday prior to the injury.

Wiseman has dealt with several injuries in his young career, including missing the entire ’21/22 season following knee surgery. Through four seasons, he was limited to just 148 games, and now will likely be out until at least next fall after tearing his Achilles.

The Pacers, who have an open roster spot, have a few different options for replacing Wiseman’s minutes. Jackson is the other primary center off the bench, but they could also go small, with forwards Obi Toppin, Jarace Walker and Enrique Freeman all receiving playing time yesterday.

Dejounte Murray Breaks Hand In Pelicans Debut

October 23rd, 2024 at 10:47pm CST by Alex Kirschenbaum

OCTOBER 24: Imaging has indeed revealed that Murray broke his left hand, sources tell Charania. He now faces a lengthy recovery before he can play his second game for the Pelicans.

OCTOBER 23: The Pelicans are concerned that combo guard Dejounte Murray may have fractured his left hand during his New Orleans regular season debut on Wednesday, sources inform Shams Charania of ESPN (Twitter link).

The 6’5″ vet was acquired in a blockbuster trade with the Hawks this summer that saw New Orleans give up multiple role players and draft picks. In the Pelicans’ 123-111 victory over the Bulls, Murray scored 14 points on 4-of-15 shooting from the floor and 6-of-7 shooting from the charity stripe. He also handed out 10 assists and pulled down eight boards.

New Orleans won 49 contests last season, but was quickly swept out of the playoffs by the Thunder in the first round in the spring. In making a play for Murray, team president David Griffin opted to load up on two-way backcourt talent. Should the injury be a break, that move could come back to bite the Pelicans during the regular season.

A former All-Star and All-Defensive player with the Spurs, Murray struggled to find his footing during his two seasons in Atlanta, playing alongside another ball-dominant guard in All-Star Trae Young.

While plying his trade for the Hawks, Murray averaged 21.5 points, 6.3 assists, 5.3 rebounds and 1.5 steals per game on .462/.355/.810 shooting splits. The team, however, made the playoffs only once during his tenure.

New Orleans represented a far more balanced squad for Murray, perhaps his best chance yet to make at least the second round of the playoffs. With his health now a long-term concern this year, the Pelicans’ fate is suddenly far more tenuous in what figures to be a competitive Western Conference race.

Sixers Facing NBA Investigation Over Embiid’s Early-Season Absence

October 23rd, 2024 at 2:55pm CST by Luke Adams

The NBA is expected to launch an investigation into Joel Embiid‘s absence from the Sixers‘ lineup this week to determine whether the team is violating the league’s player participation policy, according to Shams Charania of ESPN.

The player participation policy requires stars (defined as players who have made an All-Star or All-NBA team in the past three seasons) to suit up for nationally televised games. If they’re held out of action without an injury or without the league granting an exception, the team is subject to a fine.

The Sixers have already stated that Embiid will miss the first three games of the season, including Wednesday’s home opener vs. Milwaukee, which is being nationally broadcast on ESPN.

Embiid dealt with a left knee injury last season and the Sixers have referred to his absence this fall (he also sat out the preseason) as “left knee injury management.” However, Embiid played in the postseason and in the Olympics and head coach Nick Nurse told reporters on Tuesday that the star center hasn’t suffered any setbacks, so the league clearly has questions about whether there’s legitimate cause for him to be held out for the start of the season.

Leading up to the season, the Sixers have repeatedly and publicly made it clear that they’ll handle Embiid extremely cautiously this season in the hopes of having him healthy for the playoffs. According to Charania, the club’s plan is expected to include “periodic time off during the regular season and routine evaluations from doctors and the 76ers medical staff.”

There’s enough wiggle room within the player participation policy (which also discourages teams from resting more than one star in the same game, frequently resting a star during road games, or resting a star during an in-season tournament game) for the Sixers to adhere to its rules and still get Embiid plenty of off-days during the season. But if they want to manage the former MVP’s participation on their own terms rather than on the NBA’s terms, the 76ers may have to prepare to pay some fines.

While Paul George has also been ruled out for Philadelphia’s regular season opener on Wednesday, he recently sustained a knee injury that he’s still recovering from, so there’s no potential violation of the participation policy there.

Hardy Signs Three-Year Extension With Mavs; No Extension For Grimes

October 22nd, 2024 at 6:35pm CST by Dana Gauruder

OCTOBER 22: Hardy has officially signed his extension, according to Mavs PR (Twitter link).

OCTOBER 21: Third-year guard Jaden Hardy has agreed to a three-year, $18MM extension with the Mavericks, ESPN’s Shams Charania tweets. The final year of Hardy’s extension will include a team option, Tim MacMahon of ESPN tweets.

Hardy was a second-round pick in 2022 and the contract he’s signing is considered a veteran extension rather than a rookie scale extension.

He was eligible to sign at any point this season, unlike some other veterans who faced a Monday deadline. However, Hardy and the team chose to get the deal done sooner rather than later.

In related news, the Mavericks won’t be signing Quentin Grimes to a rookie scale extension, The Athletic’s Fred Katz tweets. Grimes will be headed to restricted free agency next summer.

Hardy has proved to be a valuable rotation player in his two NBA seasons. He saw action in 73 regular season games last season, including seven starts, averaging 7.3 points, 1.8 rebounds and 1.5 assists in 13.5 minutes per contest. He’s established himself as a reliable three-point threat in his two seasons in Dallas (37.9%).

The 6’4” Hardy also played regularly in the postseason, albeit in limited minutes. He averaged 4.2 PPG in 6.8 MPG. He could have an opportunity for more minutes early in the 2024/25 season with Dante Exum sidelined due to wrist surgery.

Low-cost rotation players are extremely valuable to contenders with max contract players on their ledger, so Hardy’s willingness to sign for an average of $6MM per season was naturally an incentive for the Western Conference champions.

The Grimes news comes somewhat as a surprise, considering he was reportedly negotiating a three-year extension with Dallas. According to Marc Stein (Twitter link), despite some initial optimism, the two sides were unable to bridge a gap in their discussions during the final days leading up to Monday’s deadline.

Grimes, a late first-rounder in 2021, spent two-and-a-half seasons with the Knicks, then was dealt to the Pistons at the February trade deadline. Detroit included Grimes in the offseason Tim Hardaway Jr. deal.

Aaron Gordon Signs Long-Term Extension With Nuggets

October 21st, 2024 at 11:00pm CST by Dana Gauruder

11:00pm: Gordon’s new deal with the Nuggets is official, per NBA.com’s transaction log.

7:38pm: The Nuggets and forward Aaron Gordon have agreed on a contract extension, NBA insider Chris Haynes tweets. The deal will include a player option and a trade kicker, Shams Charania of ESPN tweets.

While Haynes and Charania refer to the contract as a four-year extension, the agreement will actually adding three new years to Gordon’s current contract and will begin in 2026.

Gordon, who is earning a base salary of $22.84MM in 2024/25, will exercise his $22.84MM player option for ’25/26 as part of the agreement, then receive his maximum salary for the next three seasons after that, Charania adds (Twitter link).

Because Gordon is eligible for a 40% raise on his option salary, the extension will start at $31.98MM, with a ’27/28 salary of $34.54MM and a player option worth $37.1MM in ’28/29. The deal will include $103.61MM in total new money over those three seasons, plus incentives that could increase the total value to approximately $109MM.

Gordon is the second Nuggets starter to get a major extension this offseason. Denver locked up point guard Jamal Murray with a four-year, maximum-salary extension in September.

Superstar center Nikola Jokic and forward Michael Porter Jr. are both signed through the 2026/27 season, with Jokic also holding a player option for ’27/28.

The Nuggets lost Kentavious Caldwell-Pope in free agency in July and were intent on keeping their remaining core intact. Gordon would have remained extension-eligible during the season if he had declined his ’25/26 option as part of an agreement, but had to get the deal done by Monday night in order to pick up that option and extend off that number.

If he had declined his option, Gordon would have eligible for up to $143.3MM on a four-year extension starting in 2025, so the Nuggets managed to get the deal done somewhat lower than that figure. That should help the team better manage its luxury tax situation in ’25/26.

Gordon has proven to be a versatile starter since he was acquired from Orlando during the 2020/21 season, fitting in well with Jokic on offense and providing solid defense on the wing. He has appeared in at least 68 regular season games in each of his three full seasons with Denver. Last season, Gordon averaged 13.9 points, 6.5 rebounds and 3.5 assists per game while struggling with his shooting from deep (29.0%).

Wizards Re-Sign Jared Butler On Two-Way Deal, Waive Dennis

October 21st, 2024 at 6:21pm CST by Dana Gauruder

10:42pm: Butler has officially signed his two-way deal, according to the NBA transactions log.

6:21pm: The Wizards are bringing back free agent guard Jared Butler on a two-way deal, Marc Stein tweets.

Butler was on a standard contract with Washington entering training camp but was cut on Saturday. He cleared waivers on Monday.

It’s not surprising that Butler was brought back by the Wizards, who reportedly explored ways to keep Butler on the 15-man roster. He was on a non-guaranteed contract and the team was already carrying 15 players on fully guaranteed deals. It’s entirely possible Butler will wind up signing another standard contract at some point this season.

To make room for Butler, the Wizards waived guard RayJ Dennis, according to the NBA transactions log.

The 40th overall pick in the 2021 draft, Butler spent time with Utah and Oklahoma City before playing for the Wizards in 2023/24. He was on a two-way contract for most of the season before being converted to a multiyear standard contract in April.

Butler appeared in a total of 40 NBA games last season, averaging 6.3 points, 3.2 assists, and 1.5 rebounds in 14.2 minutes per night, with a .488 FG%. He also had a strong preseason this month, with averages of 6.8 PPG and 4.2 APG on .536/.400/.667 shooting in five games (14.3 MPG).

Dennis was just signed to a two-way contract over the weekend. The undrafted Baylor guard averaged 13.6 points, 6.7 assists, and 3.9 rebounds in 34.3 minutes per game across 35 contests last season (all starts).

The Wizards opted to retain Justin Champagnie and Tristan Vukcevic with their other two-way deals.

Rockets, Alperen Sengun Finalize Five-Year Extension

October 21st, 2024 at 5:35pm CST by Luke Adams

5:35pm: Sengun has officially signed his new contract with the Rockets, per NBA.com’s transaction log.

4:49pm: The Rockets and big man Alperen Sengun have reached an agreement on a five-year rookie scale extension, agents Sean Kennedy and Jeff Schwartz tell Bobby Marks of ESPN (Twitter link). The deal is worth $185MM, with a fifth-year player option, according to Marks.

Sengun, 22, is coming off a breakout season that saw him finish third in Most Improved Player voting. He set new career highs in points (21.1), rebounds (9.3), assists (5.0), and steals (1.2) per game while making 53.7% of his field goal attempts in 63 starts (32.5 MPG) before ankle and knee injuries prematurely ended his season.

Despite Sengun’s star turn, there was uncertainty entering the fall about whether or not he and the Rockets would work out a rookie scale extension, since Houston wasn’t expected to offer him a maximum-salary deal at this time and was in position to maximize its 2025 cap room by postponing a new deal for Sengun. If he had entered next offseason as a restricted free agent, Sengun would have had a cap hold of just $16.3MM.

However, Sengun said on media day that he was interested in signing an extension before the 2024/25 season tipped off and Jonathan Feigen of The Houston Chronicle reported at the time that there was a “legitimate chance” the two sides would reach a deal.

Having agreed to terms with both Sengun and Jalen Green, who signed a three-year, $105.3MM extension, the Rockets now appear poised to operate over the cap next summer rather than under it.

They also have two of their cornerstone players locked up for multiple seasons beyond 2024/25. In addition to Sengun and Green, Rockets youngsters Amen Thompson, Cam Whitmore, and Reed Sheppard are also under contract through at least 2027.

Sengun is one of seven players to complete a rookie scale extension in the past 24 hours, joining Jalen Johnson, Jalen Suggs, Trey Murphy, Corey Kispert, Moses Moody, and his teammate Green.

Hawks Sign Jalen Johnson To Five-Year Extension

October 21st, 2024 at 5:34pm CST by Luke Adams

5:34pm: Johnson’s extension, which just narrowly beat the 5:00 pm Central time deadline, is official, according to NBA.com’s transaction log.

5:07pm: The Hawks have agreed to sign forward Jalen Johnson to a five-year rookie scale extension worth $150MM, agent Rich Paul tells NBA reporter Chris Haynes (Twitter link). The deal will be fully guaranteed, according to Shams Charania of ESPN (Twitter link).

Johnson, who will turn 23 in December, has steadily gained a bigger foothold in the Hawks’ rotation since seeing limited action in 22 games as a rookie in 2021/22. He broke out in a major way in his third NBA season, averaging 16.0 points, 8.7 rebounds, 3.6 assists, and 1.2 steals in 33.7 minutes per game while posting a shooting line of .511/.355/.728 in 56 outings (52 starts).

Injuries prevented Johnson from playing a full season in 2023/24, but he’s healthy this fall and appears poised to take another step forward for a retooling Hawks team that traded away one of its primary offensive options (Dejounte Murray) over the summer. Johnson has been one of the betting favorites for the Most Improved Player award ahead of the season.

With Johnson poised to take on a more significant role in year four, it made sense for the Hawks to move now to secure him to a long-term contract, since he could further increase his value with a big season in ’24/25.

Johnson’s $30MM-per-year extension puts him right in line with the five-year, $150.5MM deal that Jalen Suggs completed with the Magic and is the seventh-biggest rookie scale extension signed this offseason, behind Suggs, Alperen Sengun, and the four players who got maximum-salary commitments (Scottie Barnes, Cade Cunningham, Evan Mobley, and Franz Wagner).

Johnson and No. 1 overall pick Zaccharie Risacher project to be long-term cornerstones in Atlanta, while young center Onyeka Okongwu is also under contract for the next four seasons. Atlanta’s performance in 2024/25 may go a long way toward determining whether three-time All-Star Trae Young is also considered a part of that future core beyond his current contract, which has two guaranteed years remaining.

Wizards Sign Corey Kispert To Four-Year Extension

October 21st, 2024 at 5:16pm CST by Luke Adams

5:16pm: Kispert’s extension is official, the Wizards announced in a press release.

“Corey is someone who positively impacts our environment daily. He consistently shows up for the organization as both a player and a teammate, embodying the passion and professionalism we value,” Dawkins said in a statement. “We are excited that he has the opportunity to continue his growth and development in Washington. He’s a relentless worker who has added to his game each season. We look forward to his further evolution in the coming years.”

3:53pm: The Wizards are signing swingman Corey Kispert to a four-year, $54MM rookie scale extension, agents Mark Bartelstein and Andy Shiffman tell Marc Stein (Twitter link).

The deal will include a team option on the fourth year, according to Josh Robbins of The Athletic (Twitter link).

Kispert, 25, has been a regular part of Washington’s rotation since being selected out of Gonzaga with the 15th overall pick in the 2021 draft. He averaged a career-high 13.4 points per game last season while also chipping in 2.8 rebounds and 2.0 assists in 25.8 minutes per night across 80 outings (22 starts).

Kispert’s calling card is his ability to knock down outside shots. Over the past two seasons, he has converted 40.2% of 5.6 three-point attempts per contest, making him a valuable floor-spacer.

Since Kispert was drafted by the Wizards’ previous front office, it wasn’t clear leading up to Monday’s extension deadline whether the current decision-makers would value him highly enough to sign him to a long-term deal.

However, president Michael Winger and general manager Will Dawkins showed last fall in extending Deni Avdija that they’re willing to lock up young talent if the price is reasonable, even if that player was a carryover from the previous regime and isn’t necessarily a lock to be in the team’s long-term plans — Avdija was traded this July.

It’s possible Kispert could eventually emerge as a trade candidate too for the rebuilding Wizards, though moving him in 2024/25 would be tricky due to the poison pill provision.

A full four-year mid-level exception contract in 2025 is projected to be worth just over $60MM, so Kispert’s contract will come in a little below that figure.

Pelicans, Trey Murphy Complete Four-Year Extension

October 21st, 2024 at 5:03pm CST by Luke Adams

5:03pm: Murphy has officially signed his contract, the Pelicans announced (via Twitter).

11:05am: The Pelicans have reached an agreement with Trey Murphy on a four-year rookie scale extension worth $112MM, agents Sean Kennedy and Jeff Schwartz tell Marc Stein (Twitter link).

The deal, which will begin in 2025/26 and will keep Murphy out of restricted free agency next summer, won’t include a player option, tweets Christian Clark of NOLA.com. It also doesn’t feature any incentives, per Shams Charania of ESPN (Twitter link).

The 17th overall pick in the 2021 draft, Murphy has emerged as an integral part of the Pelicans’ rotation. In 57 games last season, he set new career highs in points (14.8), rebounds (4.9), and assists (2.2) while knocking down 38.0% of 7.8 three-point attempts per game. The 24-year-old is quickly becoming one of the NBA’s most dangerous outside shooters, with a career rate of 39.2% from beyond the arc.

Murphy’s extension isn’t far off from the five-year, $135MM deal that Devin Vassell signed with the Spurs last October. Vassell’s contract features one extra year and a slightly lower average annual value ($27MM per year, compared to $28MM for Murphy).

Murphy is the sixth player to agree to a rookie scale extension in 2024, joining Scottie Barnes, Cade Cunningham, Evan Mobley, Franz Wagner, and Moses Moody. The deadline for those deals is now just a few hours away.

Signing Murphy to a rookie scale extension ensures that the Pelicans now have four of their core players – Murphy, Zion Williamson, Dejounte Murray, and Herbert Jones – locked up through at least 2027.

One notable exception is Brandon Ingram, who is entering the final year of a five-year, maximum-salary contract. As Bobby Marks of ESPN observes (via Twitter), after accounting for Murphy’s extension, New Orleans projects to be about $31MM below the tax line in 2025/26, so a new deal for Ingram would almost certainly push the club beyond that threshold. That will be an important factor to consider for a Pelicans team that has never been a taxpayer.

Murphy is expected to miss some time at the start of this season, according to Charania. The Pelicans announced 18 days ago that Murphy has a right hamstring strain and will be reevaluated in three weeks.