Orlando Magic Rumors | Hoops Rumors

Magic, Terrence Ross Finalize Buyout Agreement

February 12th, 2023 at 12:37pm CST by Luke Adams

FEBRUARY 12: Ross has officially been released by Orlando, the team has revealed in a press release (via Twitter). He’ll reportedly sign with the Suns upon clearing waivers.

11:06am: The Magic and veteran swingman Terrence Ross are finalizing a buyout agreement that will put him on track for free agency, reports Adrian Wojnarowski of ESPN (Twitter link).

Ross, 32, has been with the Magic since being traded from Toronto to Orlando at the 2017 deadline.

He averaged 14.4 points in 27.2 minutes per game in 220 contests during his first four full seasons with the team, but has seen his role cut back in the last two seasons as the Magic have gone through a rebuilding process. He has averaged just 9.2 PPG in 22.8 MPG across 105 appearances since the start of last season.

Ross has been viewed as a trade candidate since Orlando’s 2021 fire sale that saw Nikola Vucevic, Aaron Gordon, and Evan Fournier all dealt. However, he stuck around for an extra two years beyond that, as the Magic never got the sort of offer they sought for the veteran shooter, who has made 36.2% of his 3,500 career three-point attempts.

Given that Ross is on an expiring contract and suggested last spring he’d welcome a change of scenery, it comes as no surprise that he’s seeking his exit from Orlando after staying put through the trade deadline.

Michael Scotto of HoopsHype, who first reported that Ross was a buyout candidate, says the Mavericks and Suns are two potential suitors to keep an eye on. Marc Stein (Twitter link) has also heard word of Dallas’ interest in the veteran wing.

Magic Heard From Other Teams Before Dealing Bamba To Lakers

February 11th, 2023 at 7:10pm CST by Arthur Hill

The Hawks believe they improved their rotation at the deadline, assuming one of their deals goes through, writes Lauren Williams of The Atlanta Journal-Constitution. The team is still waiting to find out if it will add Saddiq Bey, who was acquired from the Pistons in a four-team trade that’s still pending after Gary Payton II failed his physical with the Warriors. Golden State has until Sunday night to make a final decision.

Atlanta, which also added Bruno Fernando and Garrison Mathews in a separate trade with Houston, believes Bey can be part of its long-term future. The 23-year-old can play either forward spot and would add another dimension to the offense with his outside shooting.

“He was a starter for Detroit a couple years ago and this season, and some of last season he started to come off the bench,” Atlanta coach Nate McMillan said. “But he’s a guy who can put the ball in the basket, who can help spread the floor for you.”

There’s more from the Southeast Division:

Reggie Jackson and the Hornets have reached an agreement that he doesn’t have to report to the team, tweets Rod Boone of The Charlotte Observer. Boone adds that buyout talks are ongoing with Jackson, who was acquired from the Clippers on Thursday. The Suns and Nuggets are believed to be among the teams with the greatest interest in Jackson once he hits the open market.
Svi Mykhailiuk, whom the Hornets landed from the Knicks in a four-team trade, told reporters before Saturday’s game that he originally believed he was heading to the Trail Blazers in the deal, Boone relays (via Twitter). Mykhailiuk’s agent informed him about an hour before the deadline that he was going to Charlotte.
The Magic have more roster and salary cap flexibility after sending center Mohamed Bamba to the Lakers on Thursday, notes Khobi Price of The Orlando Sentinel. Orlando selected Bamba with the sixth pick in the 2018 draft, but he fell out of the rotation and didn’t appear to have a future with the team. Bamba began the season as the primary backup to Wendell Carter Jr., but Moritz Wagner has taken over that role. The Magic wanted to ship Bamba to a team where he’s likely to play more often and were happy to get a future second-round pick in return, according to Price, who hears from league sources that the Clippers, Raptors and Celtics also expressed interest.

NBA Teams With Open Roster Spots

February 11th, 2023 at 1:00pm CST by Luke Adams

In the wake of Thursday’s trade deadline, several rosters around the NBA remain in flux. Some players will be waived or bought out in the coming days, while others will sign with new teams as free agents, either on 10-day contracts or rest-of-season deals.

With that in mind, we’re doing a Saturday afternoon check-in on open roster spots across the league. Given how much action we expect on the transaction wire in the coming days, it may not take long for this list to become outdated, but this is a snapshot of where things stand as of 1:00 pm Central time on February 11.

With the help of our roster counts page, which will continue to be updated for the rest of the season to account for each new transaction, here are the teams that currently have open roster spots:

Teams with two open roster spots:

Milwaukee Bucks
New York Knicks
Phoenix Suns

These three teams all sent out more players than they received in trade-deadline deals and are carrying just 13 players apiece on standard contracts.

Technically, NBA teams are required to carry a minimum of 14 players on standard contracts, but they’re allowed to dip to 13 for up to two weeks at a time, so these clubs will have until February 23 to fill at least one of their two openings.

Teams with one open roster spot:

Boston Celtics
Brooklyn Nets
Charlotte Hornets
- Note: The Hornets are reportedly likely to buy out Reggie Jackson, which would open up a second roster spot.
Cleveland Cavaliers
Denver Nuggets
Golden State Warriors
Los Angeles Clippers
Los Angeles Lakers
Miami Heat
- Note: The Heat’s 14th roster spot is occupied by Jamaree Bouyea, who is on a 10-day contract, so they’ll open up a second roster spot when his deal expires during the All-Star break.
Oklahoma City Thunder
- Note: The Thunder have a full 15-man roster, but one of their two-way contract slots is open.
Philadelphia 76ers
Utah Jazz

We’re still waiting to see which players are officially bought out, but more roster spots will open when those moves are completed. For instance, the Magic currently have a full 15-man roster, but would create two openings if they finalize buyouts for both Terrence Ross and Patrick Beverley — they’re said to be in talks with both players.

The Jazz would open up a second spot on their 15-man roster if they buy out Russell Westbrook.

The Rockets and Pacers currently have full 15-man rosters, but will create openings by officially waiving John Wall and Serge Ibaka, respectively. However, the expectation is that they’ll re-sign Boban Marjanovic and James Johnson, respectively, to fill those newly opened spots.

The Wizards are in a similar situation — they’re reportedly working on a buyout with Will Barton, but the expectation is that they’d use their 15th roster spot in that scenario to promote Jordan Goodwin from his two-way deal. That would create a two-way opening for the team.

Finally, while the Mavericks and Pistons technically have full rosters at this time, each team’s 15th man (Chris Silva for Dallas, Stanley Umude for Detroit) is in a 10-day contract, so they’re both in good position to open up a spot if they need it.

And-Ones: Taxpayers, Cap Room, Traded Cash, Sims, Lue, More

February 11th, 2023 at 8:56am CST by Luke Adams

Prior to the trade deadline, 10 NBA teams projected to be taxpayers this season and the 20 non-taxpayers were each projected to receive $17.2MM as a result of those tax penalties, according to ESPN’s Bobby Marks (Twitter link).

However, one of those 10 taxpayers – the Sixers – ducked below the tax line with a deadline deal, and the Nets‘ Kevin Durant and Kyrie Irving trades reduced Brooklyn’s projected end-of-season tax bill by approximately $100MM, Marks notes. As a result of those changes, among others, the luxury tax distribution at the end of the season will now be split among 21 teams and will be worth a projected $14.5MM, based on current team salaries, says Marks.

Danny Leroux of The Athletic also considers the financial impact of a busy trade deadline week, though he’s looking ahead to the offseason, breaking down which teams project to have the most cap room in the summer of 2023.

Leroux anticipates there will be eight teams with the ability to generate significant cap space, ranging from the Rockets at $61MM to the Pacers at $28MM. The Spurs ($40-48MM), Jazz ($31-45MM), Magic ($22-58MM), Hornets ($27-37MM), Thunder ($31MM), and Pistons ($30MM) are also in position to operate under the cap, Leroux writes. The range in projections for some of those teams is related to decisions on options and non-guaranteed salaries.

Here are a few more odds and ends from around the basketball world:

Eric Pincus of Bleacher Report has the details on the cash that changed hands at the trade deadline. In a series of tweets, Pincus reports that the Lakers sent $2MM to Magic in the Mohamed Bamba trade, the Suns sent $1MM to the Thunder in the Darius Bazley trade, the Clippers sent $1MM to the Hornets in the Mason Plumlee trade, and the Nets sent $1.36MM to the Pacers in the four-team Durant blockbuster.
Who will be available on the buyout market in the coming weeks? John Hollinger of The Athletic lists and ranks 32 buyout candidates (or players who have already been cut), starting with veteran guards Russell Westbrook and Reggie Jackson.
Circling back to a pair of pre-deadline stories: Knicks center Jericho Sims has committed to take part in this year’s dunk contest after Trail Blazers rookie Shaedon Sharpe dropped out, according to Shams Charania of The Athletic (Twitter link). And Clippers head coach Tyronn Lue will replace Suns head coach Monty Williams as an assistant on Steve Kerr‘s Team USA coaching staff, per a press release.
Disney CEO Bob Iger said this week that his company doesn’t plan to sell ESPN, according to Daniel Kaplan of The Athletic, who adds that Iger expressed a desire for ESPN to retain NBA rights when the league negotiates its next media deal.

Buyout Rumors: Green, Westbrook, Bulls, Beverley, Ibaka, Heat, Sixers, Grizzlies

February 10th, 2023 at 3:23pm CST by Luke Adams

After Rockets general manager Rafael Stone confirmed in a Friday press conference that Houston will simply waive John Wall, with no buyout required, Adrian Wojnarowski of ESPN said during an appearance on NBA Today (YouTube link) that Danny Green would welcome a similar arrangement.

Both Wall and Green were acquired by Houston as salary-matching chips in the team’s Eric Gordon trade on Thursday. It’s unclear if Green would be willing to give up money as part of a buyout agreement.

If Green does become a free agent, teams like the Celtics and Cavaliers would be among those with interest, according to Wojnarowski. Woj also mentions “Los Angeles” as a potential Green suitor, though it’s unclear if he means the Lakers, the Clippers, or both — they each have an open spot on their 15-man roster.

Here’s more on the NBA’s buyout market:

Jazz general manager Justin Zanik told reporters on Friday that no decisions have been made yet on Russell Westbrook‘s future and that the veteran guard is open to the idea of playing for Utah to finish the season, tweets Tony Jones of The Athletic. Westbrook is considered a strong candidate to be bought out.
Wojnarowski said today on NBA Today (YouTube link) that if Westbrook does become available, the Bulls are a team to watch as a potential frontrunner. Head of basketball operations Arturas Karnisovas said today that the team plans to “look at” the buyout market, per Joe Cowley of The Chicago Sun-Times. The Clippers have also been linked to Westbrook, but Andrew Greif of The Los Angeles Times says the Clips aren’t expected to be overly active in the buyout market, adding that insiders around the league are skeptical about Westbrook landing with L.A.
The Magic and Patrick Beverley are working on a contract buyout, reports Shams Charania of The Athletic (via Twitter). The Magic said on Thursday that they weren’t requiring Beverley to report to the team, so that news comes as no surprise.
Big man Serge Ibaka, who will be waived by Indiana, has some interest in joining the Heat, but it’s unclear if that interest is mutual, writes Anthony Chiang of The Miami Herald.
The Sixers and Grizzlies will take decidedly different approaches to the buyout market. Sixers executive Daryl Morey said today that moving under the tax line at the trade deadline sets up the team to potentially pursue “multiple” targets on the buyout market, per Kyle Neuback of PhillyVoice.com. Grizzlies head of basketball operations Zach Kleiman, on the other hand, said he doesn’t envision his team looking at the buyout market, per Damichael Cole of The Memphis Commercial Appeal.

Lakers, Nuggets, Magic, Clippers Roll Three Trade Agreements Into Single Deal

February 9th, 2023 at 5:35pm CST by Luke Adams

5:35pm: The four-team trade is now official, according to a press release from the Magic.

4:46pm: The Lakers, Nuggets, Magic, and Clippers will combine three separately reported trade agreements into a single four-team trade, according to Khobi Price of The Orlando Sentinel (Twitter links).

As Price explains, the Patrick Beverley/Mohamed Bamba swap between the Lakers and Magic, the deal sending Bones Hyland from the Nuggets to the Clippers, and the Nuggets’ acquisition of Thomas Bryant from the Lakers are the trades affected. The new-look deal is as follows:

Lakers to acquire Bamba, Davon Reed, the Clippers’ 2024 second-round pick, and the Clippers’ 2025 second-round pick.
Magic to acquire Beverley, the Nuggets’ 2024 second-round pick, and cash.
Clippers to acquire Hyland.
Nuggets to acquire Bryant.

The original terms of the trades called for the Clippers to send their 2024 and 2025 second-round picks to Denver for Hyland, with the Nuggets sending their own 2025, 2026, and 2029 second-rounders to the Lakers for Bryant and the Lakers sending an unspecified second-round pick to the Magic in the Beverley/Bamba swap.

Under the new terms of the deal, the two Clippers picks will be rerouted from the Nuggets (for Hyland) to the Lakers (for Bryant). Denver will keep its 2025, 2028, and 2029 second-rounders. The third pick the Nuggets are sending out for Bryant is now Denver’s 2024 second-rounder — it will be flipped from the Lakers to the Magic for Bamba.

The Magic won’t require Beverley to report to the team, according to Price, which is a strong signal they intend to buy him out or simply waive him.

Buyout Rumors: Love, Ross, Beverley, Sixers

February 9th, 2023 at 3:31pm CST by Arthur Hill

Cavaliers president of basketball operations Koby Altman doesn’t expect to have buyout talks with veteran big man Kevin Love, tweets Chris Fedor of Cleveland.com.

Love has an expiring $28.9MM contract and was recently removed from coach J.B. Bickerstaff’s rotation after Dean Wade returned from injury. Love hasn’t played at all since logging 12 minutes in a January 24 game.

Love is the last link to the Cleveland teams that made the NBA Finals in four straight seasons, and he can serve as a mentor to a Cavs roster with little playoff experience.

There’s more news on the buyout market:

Magic swingman Terrence Ross is a potential buyout candidate to keep an eye on, league sources tell Michael Scotto of HoopsHype (Twitter link). Ross is making 38.1% of his three-pointers this season and would appeal to teams in need of another shooter.
Patrick Beverley was an emotional leader for the Timberwolves last season, but Minnesota doesn’t plan to pursue him if he agrees to a buyout, sources tell Marc Stein (Twitter link). The 34-year-old guard was traded today from the Lakers to the Magic, who aren’t expected to keep him.
Kyle Neubeck of PhillyVoice.com speculates about which veteran buyout candidates might be targets for the Sixers.
As we relayed in earlier stories, buyouts are considered likely for Reggie Jackson (Hornets), John Wall (Rockets), and Russell Westbrook (Jazz).

Luke Adams contributed to this post.

Lakers To Send Beverley To Magic For Bamba

February 9th, 2023 at 1:26pm CST by Arthur Hill

The Lakers will acquire center Mohamed Bamba from the Magic in exchange for veteran guard Patrick Beverley, tweets Shams Charania of The Athletic.

Orlando will also receive a second-round draft pick and cash in the deal, according to Tim Reynolds of The Associated Press (Twitter link).

Bamba will take the place of Thomas Bryant, who was traded to Denver earlier today, alongside LeBron James and Anthony Davis in L.A.’s frontcourt. Bamba signed a new two-year deal with Orlando over the summer, so he’s under contract for one more season at $10.3MM.

Through 40 games this season with the Magic, the 24-year-old averaged 7.3 PPG, 4.6 RPG and 1.0 BPG on .495/.398/.686 shooting. After starting 69 of his 71 games in ’21/22 and averaging 25.7 minutes per contest, Bamba saw his role reduced in ’22/23, only receiving six spot starts and 17.0 minutes per game.

Moving off Bamba creates a more clear-cut rotation for Orlando and picking up a second-round pick helps somewhat, but it’s hard to say that his tenure with the Magic was anything but a disappointment. He was selected sixth overall back in 2018, ahead of players like Collin Sexton, Mikal Bridges, Shai Gilgeous-Alexander, Michael Porter Jr., Kevin Huerter and Robert Williams, among others.

Bamba is currently serving a suspension as part of his role in an altercation with the Wolves, so he will be ineligible to play for two more games.

As Reynolds notes, the 34-year-old Beverley is unlikely to remain with the Magic, who have a slew of young guards. He’s making $13MM in the final year of his contract.

Beverley will have suitors if he’s bought out or waived by Orlando. He isn’t the defensive player he once was, but he plays hard and with a lot of energy, so contenders will be interested in his services.

In addition to saving a significant amount of money in luxury tax payments with the trade, the Lakers continue to add younger players. They had their own backcourt logjam to deal with, and moving Beverley helps in that regard as well, though he was arguably the team’s best perimeter defender (which, frankly, isn’t saying much given the team’s lack of talent on that end — the Lakers are 20th in the league in defensive rating).

Adding Bamba’s $10.3MM salary for ’23/24 is further evidence that the Lakers are unlikely to operate as an under-the-cap team in the offseason. However, his deal is non-guaranteed, so they could still go that route by waiving or renouncing the cap holds for all of the players they acquired ahead of the deadline (Bamba, Davon Reed, Rui Hachimura, Jarred Vanderbilt, Malik Beasley and D’Angelo Russell). Only Vanderbilt has guaranteed money next season, and it’s a very small ($300K) partial guarantee.

Rory Maher contributed to this post.

Celtics Rumors: Pritchard, Gallinari, Poeltl, Bamba

February 8th, 2023 at 4:00pm CST by Luke Adams

The Celtics have been exploring the possibility of pairing Payton Pritchard and Danilo Gallinari in an outgoing trade package as they seek frontcourt reinforcements, according to Jake Fischer of Yahoo Sports (Twitter link).

Pritchard and Gallinari are earning a total of approximately $8.72MM this season, so if the Celtics traded them together, they could take back a player earning up to nearly $11MM (125% of the outgoing salary, plus $100K).

As Fischer observes, the group of players earning less than $11MM includes centers like Jakob Poeltl of the Spurs and Mohamed Bamba of the Magic, though I suspect Boston would need to include at least one more sweetener to land Poeltl and may be hesitant to part with Pritchard in a deal for Bamba.

Here’s more on the Celtics:

Pritchard spoke to Adam Himmelsbach of The Boston Globe about his role in Boston, expressing conflicted feelings about having the opportunity to play for a legitimate title contender while not seeing the court as much as he’d like. The third-year guard said the team’s success doesn’t “necessarily” make it easier to accept his limited minutes. “I’m a competitor and I want to play,” Pritchard said. “I’d play this game for no money if that’s what it means, because I love it. So the biggest thing for me is being somewhere I’ll play and really contribute to winning.”
Speaking to Jared Weiss of The Athletic, Gallinari addressed his ongoing ACL recovery process and said he’s prepared for the possibility of being on the move at the trade deadline. “(The front office and I) haven’t talked about the trade situation,” Gallinari said. “But I’m 34 years old, I’ve been in the league 15 years. Whatever happens, happens. It’s out of my control, and I’m focused in on my job.”
Jay King of The Athletic evaluates several hypothetical trade proposals submitted by fans, considering whether any of them are realistic. King’s favorite of the bunch is a theoretical deal that would send Pritchard and a second-round pick to Utah for Jarred Vanderbilt.

Trade Rumors: Poeltl, Wizards, G. Harris, Noel, Warriors, Knicks, More

February 8th, 2023 at 11:26am CST by Luke Adams

The Wizards are among the teams to register trade interest in Spurs center Jakob Poeltl, Marc Stein reports at Substack. As Stein writes, Boston and Toronto have been the clubs most frequently cited as suitors for the big man in recent weeks — Washington is a new addition to the Poeltl sweepstakes. Still, Stein hears that as of Wednesday morning, there didn’t appear to be a logical trade match between the Wizards and Spurs.

Here are a few more trade rumors from around the NBA:

Although Gary Harris has been mentioned as a trade candidate in Orlando, Stein hears that the Magic may prefer to hang onto the veteran swingman through Thursday’s deadline, since the team values his locker room presence on a young roster.
Nerlens Noel is the Pistons veteran most likely to be on the move this week, according to Stein, who says the Heat and Sixers continue to convey interest in the veteran center.
Multiple rival executives consider the Warriors good bets to make a move by Thursday’s deadline, according to Steve Bulpett of Heavy.com. “To me, there’s nobody more incentivized toward making a deal than the Warriors,” one league exec told Bulpett, pointing to Golden State’s veteran stars and pricey payroll. “Now. Right now. This is one of those years. You can’t waste this year. You’ve got to roll with this year.”
As of late Tuesday night, there was pessimism that the Knicks will make a deal with the Jazz for Jarred Vanderbilt and/or Malik Beasley, says Ian Begley of SNY.tv. Although the two teams have discussed a potential trade, as HoopsHype reported over the weekend, some people in New York’s front office aren’t sold on Vanderbilt’s and Beasley’s fit with the current roster, Begley explains.
Although there has been some speculation that the Nuggets may be reluctant to deal with the Timberwolves after how Tim Connelly‘s move from Denver to Minnesota played out, a Nuggets team source insisted to Sam Amick of The Athletic that Connelly’s history wouldn’t be a roadblock if the two teams wanted to make a deal involving Bones Hyland or another player.