Oklahoma City Thunder Rumors | Hoops Rumors

Thunder Hiring Former Knicks Coach Mike Miller As Assistant

November 25th, 2020 at 9:54am CST by Luke Adams

The Thunder are adding former Knicks head coach Mike Miller to Mark Daigneault‘s staff as an assistant, reports ESPN’s Adrian Wojnarowski (Twitter link).

Not to be confused with former NBA sharpshooter Mike Miller, this Miller is a 56-year-old who started his coaching career over three decades ago at Western Illinois. He served as David Fizdale‘s interim replacement on the sidelines for the Knicks last season.

After New York got off to a 4-18 start under Fizdale, Miller led the club to a 17-27 (.386) record the rest of the way, earning himself an interview for the permanent head coaching position. However, the team eventually opted for Tom Thibodeau.

Although Miller’s performance down the stretch last season reportedly impressed some members of the Knicks, who were interested in bringing him back as an assistant, the veteran coach didn’t end up joining Thibodeau’s staff and sought out a new coaching opportunity. He’ll get that opportunity in Oklahoma City under a first-time head coach in Daigneault.

Gallinari Acquired By Hawks In Sign-And-Trade

November 24th, 2020 at 6:45pm CST by Dana Gauruder

The Hawks have officially acquired forward Danilo Gallinari as part of a sign-and-trade with the Thunder, according to a team press release.

The Hawks also received cash considerations from the Thunder. Oklahoma City received a conditional 2025 second-round pick and create a large traded player exception through the transaction. According to ESPN’s Bobby Marks, it’s a $19.5MM exception (Twitter link).

The Thunder also created a $27.5MM exception by officially trading Steven Adams to New Orleans earlier in the day, though they’ll have to use it to take on Al Horford from Philadelphia (creating a new $15.4MM TPE for sending out Danny Green).

Gallinari signed a three-year contract reportedly worth $61.5MM. He reached an agreement with Atlanta on Friday, the first day of free agency.

“Danilo checks a lot of boxes for what we have prioritized,” Hawks GM Travis Schlenk said in the release. “We wanted to add productive veterans and high-level shooting to our group and he provides both. At his size, he is one of the league’s most versatile and efficient scorers and he has proven to be the type of veteran you want in your locker room.”

Gallinari, 32, had a strong season in Oklahoma City in 2019/20, averaging 18.7 PPG and 5.2 RPG on .438/.405/.893 shooting in 62 games (29.6 MPG). He’ll slot in at small forward, though he could also see extensive action the “four” in smaller lineups.

Thunder Sign Frank Jackson

November 24th, 2020 at 5:59pm CST by Luke Adams

DECEMBER 4: The Thunder have officially signed Jackson, the team announced today in a press release.

NOVEMBER 24: The Thunder have agreed to sign free agent guard Frank Jackson, reports ESPN’s Adrian Wojnarowski (via Twitter). Terms of the deal aren’t known, but Oklahoma City has already reportedly lined up players for its two-way slots, so it figures to be a standard contract.

Jackson, the 31st overall pick in the 2017 draft out of Duke, missed his entire rookie season with a foot injury, but has appeared in 120 games for the Pelicans over the last two years, averaging 7.2 PPG, 1.8 RPG, and 1.1 APG on .422/.319/.743 shooting during that time.

The 22-year-old was eligible for restricted free agency this fall, but the Pelicans opted not to tender him a qualifying offer, making him an unrestricted free agent. So he can sign with Oklahoma City outright.

Five players who finished the season under contract with the Pelicans are now on track to become members of the Thunder — New Orleans sent Darius Miller, Kenrich Williams, Josh Gray, and Zylan Cheatham to Oklahoma City in the Steven Adams blockbuster that was completed earlier today.

Western Contract Details: Grizzlies, KCP, Hood, Thunder

November 24th, 2020 at 5:21pm CST by Luke Adams

John Konchar‘s new deal with the Grizzlies, which will use part of the team’s mid-level exception, is guaranteed for the first two seasons, according to Keith Smith of Yahoo Sports (Twitter link). In 2022/23, only $840K of Konchar’s full $2.3MM salary is guaranteed, and his $2.4MM salary for ’23/24 is non-guaranteed, Smith adds.

Konchar was one of a handful of Grizzlies who signed a multiyear contract that isn’t fully guaranteed on the back end. As Smith explains (via Twitter), De’Anthony Melton‘s four-year contract, which has a descending structure, only has a partial guaranteed of $1.5MM on his $8MM salary for 2023/24.

Meanwhile, Jontay Porter, who got a three-year deal, has a partial guarantee of $300K on his $1.95MM salary for 2021/22, then has a non-guaranteed $2MM salary in ’22/23, per Smith (Twitter link). Porter’s contract also came out of Memphis’ MLE.

Here are a few more contract details from around the Western Conference, all courtesy of Smith:

Kentavious Caldwell-Pope‘s new three-year deal with the Lakers is worth about $39.12MM in total and features exactly $30MM in guaranteed money. Only $4.89MM of $14MM is guaranteed in year three (Twitter link).
Rodney Hood, who re-signed with the Trail Blazers, will earn $10.05MM in 2020/21 and then will have to be retained through June 23, 2021 in order to have his second-year salary of $10.85MM guaranteed (Twitter link).
As expected, the three players who were signed-and-traded from the Pelicans to the Thunder for salary-matching purposes in the Steven Adams trade received three-year contracts with only the first year guaranteed. Zylan Cheatham ($1,445,697) and Josh Gray ($1,620,564) will make the minimum, while Kenrich Williams gets $2MM (Twitter links).

Four-Team Jrue Holiday, Steven Adams Trade Officially Complete

November 24th, 2020 at 9:15am CST by Luke Adams

The Pelicans, Thunder, Bucks, and Nuggets have officially completed the four-team trade that will send Jrue Holiday to Milwaukee and Steven Adams to New Orleans, the Pelicans announced today in a press release.

In total, the mega-deal involves 10 players, five draft picks, and two future pick swaps. The trade breaks down as follows:

Bucks acquire Holiday and the draft rights to Sam Merrill (No. 60 pick; from Pelicans).
Pelicans acquire Adams, Eric Bledsoe, the Bucks’ 2025 first-round pick (unprotected), the Bucks’ 2027 first-round pick (unprotected), and the right to swap first-round picks with the Bucks in 2024 and 2026.
Thunder acquire George Hill, Darius Miller, Kenrich Williams (sign-and-trade), Josh Gray (sign-and-trade), Zylan Cheatham (sign-and-trade), the Nuggets’ 2023 first-round pick (top-14 protected), the Wizards’ 2023 second-round pick (from Pelicans), and the Hornets’ 2024 second-round pick (from Pelicans).
Nuggets acquire the draft rights to RJ Hampton (No. 24 pick; from Bucks).

The deal began when the Bucks and Pelicans reached an agreement on a trade sending Holiday to Milwaukee last week. From there, the Thunder got involved when New Orleans agreed to flip Hill to Oklahoma City in a trade for Adams.

A draft-night deal between the Nuggets and Pelicans that involved the Nuggets’ 2023 first-rounder and the Bucks’ No. 24 pick (sent to New Orleans as part of the original Holiday agreement) was folded in to make it a four-team trade when the Pels agreed to flip Denver’s ’23 pick to OKC as part of the Adams package.

As cap expert Albert Nahmad has pointed out (via Twitter), it’s an intricate, complex transaction that had to make use of a slew of CBA rules. The Pelicans, who are signing Adams to a two-year extension as part of the trade, needed to sign-and-trade Williams, Gray, and Cheatham to Oklahoma City and guarantee most or all of Miller’s $7MM salary in order to abide by salary-matching rules.

Meanwhile, Adams gets a trade bonus worth a little over $2MM as part of the deal, while the Thunder create the largest trade exception in NBA history, worth $27.5MM, per ESPN’s Bobby Marks (Twitter link).

Unfortunately, as Nahmad observes (via Twitter), Oklahoma City will likely have to use that massive TPE immediately to accommodate the acquisition of Al Horford. Still, as John Hollinger of The Athletic writes, the Thunder should come out of their series of transactions with a handful of usable trade exceptions, including one worth $15.4MM.

A full breakdown of this offseason’s trades – including the ones not yet made official – can be found right here.

Photo courtesy of USA Today Sports Images.

Williams, Gray, Cheatham Being Signed-And-Traded To Thunder In Adams Trade

November 22nd, 2020 at 7:28pm CST by Luke Adams

Kenrich Williams, Josh Gray, and Zylan Cheatham will be dealt from the Pelicans to the Thunder as part of the massive multi-team trade that will send Jrue Holiday to Milwaukee and Steven Adams to New Orleans, reports Shams Charania of The Athletic (via Twitter).

The Pelicans needed to send out a little more salary in order to accommodate the incoming contracts of Adams ($27.5MM) and Eric Bledsoe ($16.9MM). Because Williams, Gray, and Cheatham were free agents, they’ll have to be signed-and-traded to be included in the deal.

Sign-and-trade contracts must run for at least three seasons, with a fully guaranteed first year, so being included in the trade will work out well for Williams, Gray, and Cheatham, as Bobby Marks of ESPN notes (via Twitter). They would have been hard-pressed to find fully guaranteed minimum-salary contracts on the open market.

Darius Miller – who is also being sent to Oklahoma City from New Orleans – is another big winner in the swap, as he’ll have his $7MM salary guaranteed for salary-matching purposes.

With all of those players being included in the deal, Adams will no longer be required to waive his trade kicker, worth about $2MM, tweets Marks. That’ll bump the veteran center’s cap hit to about $29.6MM.

As reported by Charania, the blockbuster Holiday/Adams deal currently looks like this:

Bucks to acquire Holiday and the draft rights to Sam Merrill (No. 60 pick; from Pelicans).
Pelicans to acquire Adams, Bledsoe, the Bucks’ 2025 first-round pick (unprotected), the Bucks’ 2027 first-round pick (unprotected), and the right to swap first-round picks with the Bucks in 2024 and 2026.
Thunder to acquire George Hill, Miller, Williams, Gray, Cheatham, the Nuggets’ 2023 first-round pick (top-14 protected), the Wizards’ 2023 second-round pick (from Pelicans), and the Hornets’ 2024 second-round pick (from Pelicans).
Nuggets to acquire the draft rights to RJ Hampton (No. 24 pick; from Bucks).

It’s not clear if that’s what the trade will look like in its final form or if more pieces will be added before it becomes official.

The Bucks are taking the protections off the 2022 first-round pick they previously sent to the Cavaliers, and Cleveland is getting an extra second-round pick for Milwaukee for accommodating that change, which frees up the future first-rounders to be sent to New Orleans. That pick going to the Cavs will be Indiana’s 2025 second-rounder, per John Hollinger of The Athletic.

The Bucks/Cavaliers aspect of the deal could be completed separately, as cap expert Albert Nahmad tweets. But if it gets rolled into this trade, it would mean a fifth team joining the fray once it becomes official.

Thunder Complete Trade Sending Kelly Oubre To Warriors

November 22nd, 2020 at 2:43pm CST by Luke Adams

NOVEMBER 22, 2:43pm: Erik Horne of The Athletic confirms (via Twitter) that the Warriors’ first-round pick headed to Oklahoma City will be top-20 protected. If it doesn’t convey, per Horne, the Thunder will instead receive Minnesota’s 2021 second-round pick (along with the Nuggets’ 2021 second-rounder, which they’ll get either way).

NOVEMBER 22, 2:27pm: The trade is now official, the Thunder announced in a press release. Oubre is headed to Golden State in exchange for the Warriors’ protected 2021 first-round pick and Denver’s 2021 second-round pick, per the team.

NOVEMBER 19, 8:10pm: The Thunder and Warriors are finalizing a swap that will send Oubre to Golden State in exchange for the Warriors’ protected 2021 first-round pick, reports Wojnarowski (via Twitter). Anthony Slater of The Athletic tweets that it has top-20 protection.

The Thunder will create a trade exception worth Oubre’s $14.4MM salary, assuming they intend to remain over the cap as they complete their offseason moves.

NOVEMBER 19, 3:55pm: The Thunder are engaged in serious talks about a trade that would send Kelly Oubre to the Warriors, according to Shams Charania of The Athletic (Twitter link). The two sides are nearing an agreement, adds Adrian Wojnarowsi of ESPN (Twitter link).

It remains to be seen what the Thunder would acquire in a deal involving Oubre, but it’s a safe bet that GM Sam Presti would be looking to add at least one more future draft pick to his constantly-growing collection of them.

A deal sending Oubre to Golden State would almost certainly see the Warriors absorb his $14.4MM salary using the team’s $17.2MM trade exception. That exception allows the Dubs to acquire up to $17.2MM in salary without sending out any salary themselves.

Although a trade along these lines has long been the subject of speculation, it’s still a little surprising that the Warriors are willing to take on the increased tax bill that adding Oubre’s salary would create. As Bobby Marks of ESPN explains (via Twitter), based on current projections, Oubre would increase Golden State’s projected tax payment by about $68MM, resulting in a total increase of over $82MM after taking into account his actual salary.

The Warriors would likely get a bit of a break on that, since the NBA has said tax penalties will be reduced by the same amount that the league falls short of its revenue projection in 2020/21, but it’s still a massive commitment by the franchise.

However, Warriors ownership has exhibited a willingness to spend, and Oubre – who turns 25 next month – is a logical addition for a team that needed help on the wing even before word broke that Klay Thompson had suffered a torn Achilles.

In 2019/20, Oubre averaged a career-high 18.7 PPG in 56 games (34.5 MPG) for the Suns, chipping in 6.4 RPG and 1.3 SPG with a .453/.352/.780 shooting line. Phoenix, recognizing he wasn’t part of the team’s long-term plans, sent him to Oklahoma City in the Chris Paul blockbuster earlier this week.

Photo courtesy of USA Today Sports Images.

Steven Adams Was Last Link To Glory Days

November 22nd, 2020 at 10:01am CST by Arthur Hill

The trade that will send Steven Adams to New Orleans removes the last link to the Thunder’s best seasons, notes Joe Mussatto of The Oklahoman. Adams, who was set to make $27.5MM in the final year of his contract, was part of a four-team deal that will bring George Hill, Darius Miller and three draft picks to OKC.

Thunder Trading Steven Adams To Pelicans

November 21st, 2020 at 9:00am CST by Luke Adams

9:00am: Wojnarowski has another update on this deal, reporting (via Twitter) that George Hill will indeed end up with the Thunder rather than the Pelicans. New Orleans will also send Oklahoma City Darius Miller‘s $7MM expiring contract, Washington’s 2023 second-round pick, and Charlotte’s 2024 second-round pick, Woj adds.

New Orleans is still acquiring Bledsoe in the multi-team trade, per Woj (Twitter link), so Miller’s contract will likely need to become fully guaranteed for salary-matching purposes and the Pelicans will still probably have to send out a bit more salary. So I expect there are still more parts of this deal to be reported.

ESPN’s Bobby Marks notes (via Twitter) that Adams may also need to amend his trade kicker to make the money work.

12:41am: The lottery-protected 2023 first-round pick that the Nuggets agreed to send to the Pelicans on draft night in order to land RJ Hampton will be rerouted to Oklahoma City as part of this deal, according to ESPN’s Adrian Wojnarowski (via Twitter). The Thunder will also receive two future second-round picks from New Orleans, per ESPN.

12:00am: Having already traded away guards Chris Paul and Dennis Schröder, the Thunder are now finalizing a trade that will send veteran center Steven Adams to the Pelicans, according to Shams Charania of The Athletic (Twitter link).

The deal is becoming a part of the Jrue Holiday blockbuster that New Orleans and the Bucks previously agreed upon, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that the Holiday trade will expand to include more teams and players. It still has “a lot of moving parts” and will take some work to finish, tweets Wojnarowski.

The Thunder will be receiving a first-round pick and second-round picks as part of the expanded swap, per Woj (Twitter link).

While it’s tricky to evaluate the deal before we know all those moving parts, we can at least break down Adams’ fit in New Orleans. He’ll fill the hole in the frontcourt created by the free agent departures of Derrick Favors and Jahlil Okafor earlier this evening. The Pelicans were said to have interest in Aron Baynes, among other big men, but it looks like Adams will be the team’s new man in the middle.

In 2019/20, Adams averaged 10.9 PPG, 9.3 RPG, and 2.3 APG in 63 games (26.7 MPG) as Oklahoma City’s starting center. His contract is somewhat onerous, with a $27.5MM cap hit for 2020/21. However, it’ll be an expiring deal and will come off the Pelicans’ cap next summer.

With the Pelicans now taking on Adams’ salary, it seems likely that at least one of the point guards they were set to receive in the Holiday trade – Eric Bledsoe and George Hill – will be rerouted elsewhere — most likely to OKC.

Photo courtesy of USA Today Sports Images.

Timberwolves Trade For Ricky Rubio

November 20th, 2020 at 3:42pm CST by Arthur Hill

NOVEMBER 20: The trade is now official, according to the Timberwolves, who announced it in a press release. As expected, Johnson was sent to the Thunder along with the rights to Pokusevski in exchange for Rubio, the No. 25 pick, and the No. 28 pick. Oklahoma City also received the Timberwolves’ 2024 second-round pick in the deal.

Minnesota subsequently flipped the No. 25 pick (Immanuel Quickley) to New York in a deal for Leandro Bolmaro (No. 23). The Wolves have also confirmed that trade.

NOVEMBER 19: Darren Wolfson of 5 Eyewitness News (Twitter link) confirms that Johnson will be a part of this deal for salary-matching purposes. The veteran forward will still need to pick up his option before he can officially be traded.

NOVEMBER 18: The Timberwolves will acquire point guard Ricky Rubio from the Thunder, along with the 25th and 28th picks in this year’s draft, in exchange for the 17th selection, tweets ESPN’s Adrian Wojnarowski.

Oklahoma City will receive Serbian 7-footer Aleksej Pokusevski, whom Minnesota selected at No. 17. The Thunder had expressed interest in Pokusevski throughout the past two weeks.

Although it hasn’t been reported yet, James Johnson will likely have to be included in the deal to match salaries. Rubio will earn $17MM during the upcoming season, while Johnson has a $16MM player option that he is virtually certain to pick up.

The deal represents a homecoming for Rubio, who spent six seasons with the Wolves at the start of his career. He began looking for a trade after being sent to OKC in the Chris Paul deal and was receptive to the idea of returning to Minnesota. Rubio wants to help the Wolves get back to the playoffs, tweets Jon Krawczynski of The Athletic.

Rubio will share ball-handling duties in the Minnesota backcourt with D’Angelo Russell, who was acquired at the trade deadline, and will reunite with former teammate Karl-Anthony Towns.

In addition to the 25th and 28th picks, the Wolves also own the 33rd pick in tonight’s second round. The Thunder, who have been stockpiling picks, will select again at 34 and 53.