Orlando Magic Rumors | Hoops Rumors

FA Rumors: KCP, Harden, Kennard, Hartenstein, Jones, Highsmith, More

June 30th, 2024 at 2:59pm CST by Luke Adams

After Jake Fischer of Yahoo Sports reported earlier today that the Nuggets are preparing to lose Kentavious Caldwell-Pope, Michael Scotto of HoopsHype confirms there’s a growing belief around the league the veteran wing won’t remain in Denver.

The Magic have “significant” interest in Caldwell-Pope and there has been growing buzz about the possibility of Orlando aggressively pursuing him, Scotto says, adding that the Magic’s interest in Klay Thompson has cooled by comparison. Multiple executives who spoke to HoopsHype believe Caldwell-Pope will sign for $20-25MM per year.

The Sixers, who have also frequently been cited as a Caldwell-Pope suitor, have been exploring the feasibility of landing both KCP and Paul George using their cap room, tweets Marc Stein.

Here are several more rumors with the official start of free agency just a couple hours away:

While James Harden has been mentioned as a possible mid-level ($12.9MM) target for the Lakers, the expectation is that the Clippers will be willing to pay him approximately double that amount, Scotto writes, echoing a comment made by Adrian Wojnarowski on ESPN (YouTube link).
Rival executives aren’t expecting Luke Kennard to be truly available as an unrestricted free agent, according to Fischer, who says Kennard and the Grizzlies seem to be interested in continuing their relationship after the team turned down its option the sharpshooter on Saturday.
New Pistons head of basketball operations Trajan Langdon is known to be a fan of center Isaiah Hartenstein, so Detroit is considered a candidate to make a play for the Knicks big man, Fischer reports. A return to the Knicks still hasn’t been entirely ruled out for Hartenstein, though the Thunder continue to be viewed as a probable suitor as well, Fischer notes.
With point guard Tyus Jones seeking starter-level money as a free agent this offseason and the Wizards still in the early stages of their rebuilding project, there’s a growing sense that Washington will be open to moving Jones via sign-and-trade, per Scotto.
Free agent wing Haywood Highsmith is expected to draw interest from a mix of cap-room teams such as the Pistons, Hornets, Jazz, Spurs, and Sixers, as well as over-the-cap clubs like the Pacers, Kings, and Warriors, league sources tell Scotto, who suggests the 27-year-old could end up with a deal in the range of the full mid-level.
The Lakers are expected to have interest in re-signing both Taurean Prince and Spencer Dinwiddie, with Dinwiddie also likely to draw interest from the Mavericks, Scotto writes. NBA executives who spoke to HoopsHype projected Prince to potentially land a contract in the range of $5MM+ annually over two years.

Trade Rumors: LaVine, Johnson, Ingram, Pacers, Carter

June 30th, 2024 at 2:18pm CST by Luke Adams

The Bulls don’t appear to have made any progress on the Zach LaVine trade front, according to ESPN’s Bobby Marks (YouTube link). Chicago has made an effort this offseason to find a taker for LaVine, but hasn’t found many teams with interest — even if a draft pick is attached to the two-time All-Star.

“Literally, there is no market for Zach LaVine,” Marks said. “They are trying to give him away and attach a first-round pick. I’ve been told that by multiple people.”

LaVine’s maximum-salary contract looks especially onerous as teams grapple with the implications of the new Collective Bargaining Agreement. He’s owed $43MM next season coming off foot surgery and has a guaranteed salary of $46MM in 2025/26, with a player option worth nearly $49MM for ’26/27.

Here are a few more trade rumors from across the league:

Nets forward Cameron Johnson is generating trade interest from the Raptors and Kings, with the Pacers and Magic among the other teams to register exploratory interest, reports Michael Scotto of HoopsHype. The Cavaliers have been mentioned as another possible suitor for Johnson, but “nothing has materialized on that front” yet, according to Scotto. Brookyn is believed to be open to inquiries to most of the veterans on its roster after having agreed to send Mikal Bridges to New York.
The Kings are a team to keep an eye on as a possible suitor for Pelicans forward Brandon Ingram, Scotto writes, confirming reporting from Jake Fischer. For now, Sacramento’s interest in Ingram has only been exploratory, Scotto notes.
Teams talking to the Pacers have inquired about youngsters Bennedict Mathurin and Jarace Walker, per Scotto. While there has been no indication that Indiana is looking to move either player, the team made the Eastern Conference finals without Mathurin available and has reached lucrative new free agent deals for two power forwards who are ahead of Walker on the depth chart (Pascal Siakam and Obi Toppin), so it’s fair to wonder whether they’ll be available this summer.
With the Magic considered a potential suitor for Isaiah Hartenstein, teams have expressed interest in trading for Orlando center Wendell Carter, according to Scotto, who says the Pelicans are among the clubs to inquire on Carter.

FA Rumors: KCP, Pacers, Mid-Level Usage, Suns, Gillespie, Bullock

June 30th, 2024 at 1:53pm CST by Luke Adams

While teams with cap room have been mentioned most frequently as the top suitors for Kentavious Caldwell-Pope, Mike Singer of The Denver Post (Twitter link) has continually heard the Pacers mentioned as a team to watch for the veteran swingman.

A previous report suggested that a cap-room club like the Sixers or Magic could make an oversized short-term offer (e.g. two years, $50MM) for Caldwell-Pope, but Singer says he’s heard KCP would prefer a longer-term deal.

As John Hollinger of The Athletic writes, if the Nuggets are willing to negotiate a sign-and-trade deal, a package along the lines of Aaron Nesmith and Jarace Walker might work financially, based on Caldwell-Pope’s projected salary range. However, a sign-and-trade involving Caldwell-Pope would hard-cap the Pacers at the first tax apron and the Nuggets at the second apron, so some financial creativity could be required, especially on Denver’s end.

Here are a few more free agency rumors and notes from around the NBA:

Within his latest round-up of rumors, Jake Fischer of Yahoo Sports says not many teams around the NBA are expected to use the full mid-level exception to sign a player, since it can now be used as a de facto trade exception, so there’s some value in retaining a portion of it. Of course, even last season, before the mid-level could be used to accommodate trades, only one team used the entire amount on a single player (Toronto on Dennis Schröder).
The Suns have been linked to a ton of potential minimum-salary point guards, according to Fischer, who names Kyle Lowry and Monte Morris as two of the players viewed as possible targets for Phoenix. There has even been some chatter about the possibility of a reunion with Chris Paul if he’s waived by Golden State, Fischer adds.
After being made an unrestricted free agent by Denver, guard Collin Gillespie is expected to receive interest from the Hawks, Hornets, Suns, and Timberwolves, sources tell Fischer. Gillespie may have to accept a two-way contract and compete for a standard roster spot, Fischer adds. Darren Wolfson of 5 Eyewitness News and SKOR North (Twitter link) confirms Minnesota’s interest in Gillespie but says the team doesn’t seem likely to land him.
Veteran wing Reggie Bullock is unlikely to re-sign with the Rockets, sources tell Kelly Iko of The Athletic (Twitter link). According to Iko, multiple teams have interest in Bullock, who figures to be a minimum-salary target.

Fischer’s Latest: Clippers, George, Warriors, Mavs, KCP, Klay, Nuggets, More

June 30th, 2024 at 12:53pm CST by Luke Adams

As they navigate the challenges of the second tax apron for 2024/25 and beyond, the Clippers have been adamant to this point that they don’t want to complete a contract longer than three years for any players, reports Jake Fischer of Yahoo Sports. Barring a change of heart, that means Los Angeles will be unwilling to go higher than three years for its own star free agents, Paul George and James Harden.

While Harden seems likely to end up on a new three-year agreement with the Clippers, per Fischer, that three-year limit has been a point of contention in negotiations with George. Both the Sixers and Magic – who are set to meet with George late on Sunday night – are willing to offer the star forward a four-year, maximum-salary contract, Fischer confirms.

Outside of the Clippers, Sixers, and Magic, there’s another team “lingering on the periphery” of the George situation, according to Fischer, who says the Jazz‘s “dreamiest plot” for the offseason would be to use their trade assets to acquire an impact player on the trade market (they pursued Mikal Bridges before Brooklyn agreed to send him to New York) and to use their cap room to land George. However, as Fischer acknowledges, it’s extremely unlikely that George will decide to sign in Utah.

Here’s more from Fischer’s latest rumor round-up, with the official start of free agency just hours away:

The trade options the Warriors have considered – using Chris Paul and/or Andrew Wiggins as outgoing pieces – range from giving up draft picks in a deal for Pelicans forward Brandon Ingram to acquiring a pick along with Bulls guard Zach LaVine, sources tell Fischer. If they don’t find a trade they like and lose Klay Thompson via free agency, the Warriors will have the full mid-level exception available. They’re considering possible targets using that MLE, says Fischer.
The Mavericks likely would have attempted to make a trade with the Nuggets to acquire Kentavious Caldwell-Pope if he had picked up his $15.4MM player option, Fischer reports. Now that Caldwell-Pope has opted for free agency, Thompson appears to be the free agent wing most likely to end up in Dallas, according to Fischer, who says Thompson also continues to be one of the Sixers‘ secondary targets if they miss out on George.
As for Caldwell-Pope, the Nuggets are preparing to lose him, with the Sixers and Magic both holding “strong” interest in the veteran swingman, per Fischer. A deal with one of those cap-room teams in the range of $50MM over two years could be a possibility for KCP, Fischer adds.
Having traded away Reggie Jackson, the Nuggets are in the market for a backup point guard. Sources tell Fischer that Russell Westbrook would have been a target using the taxpayer mid-level exception if he had opted out of his contract with the Clippers. Fischer also mentioned Hornets guard Vasilije Micic as a Denver target, noting that Zeke Nnaji – who is on the trade block – could be sent out in a deal for Micic.
The Nuggets have also long had interest in big man Dario Saric, who could be a target in free agency, Fischer says.
While it won’t be one of their top short-term priorities as free agency begins, the Clippers are expected to eventually work out an extension with center Ivica Zubac, sources tell Yahoo Sports.

FA Rumors: Lakers, LeBron, Harden, Klay, George, Magic, DeRozan, More

June 30th, 2024 at 7:31am CST by Luke Adams

Having confirmed on Saturday that LeBron James would be open to accepting less than the maximum salary in certain scenarios, agent Rich Paul tells Dave McMenamin of ESPN that the idea would be for the Lakers to add an “impact player” using that extra flexibility.

James Harden, Klay Thompson, and Jonas Valanciunas are a few of the “impact” players who might fit that criteria, sources tell McMenamin. While it might be difficult to convince Harden or Thompson to settle for the mid-level (worth approximately $12.9MM), a sign-and-trade could also be a possibility to land that sort of player. Acquiring a player via sign-and-trade would hard-cap the Lakers at the first tax apron for 2024/25, but so would using more than the taxpayer portion ($5.2MM) of the mid-level exception.

If the Lakers aren’t able to add a player of that caliber, the plan would be for James to seek a max deal to return to the Lakers, Paul tells McMenamin. If LeBron does accept a pay cut, the most likely scenario would see him accept a two-year deal with a 2025/26 player option so that he’d have the ability to negotiate a raise a year from now, sources tell Jovan Buha of The Athletic.

Elsewhere on the Lakers front, after tendering a qualifying offer to Max Christie to make him a restricted free agent, the team would like to retain the 21-year-old guard, envisioning him as a rotation player next season, sources tell Buha. However, if L.A. hard-caps itself by adding an impact player via sign-and-trade or the MLE, fitting a new deal for Christie under the first apron could be a challenge.

Here are a few more rumors from around the NBA ahead of the official start of free agency on Sunday evening:

Adrian Wojnarowski of ESPN referred to the Sixers this morning on SportsCenter as a “legitimate threat” to sign Paul George away from the Clippers (hat tip to Adam Zagoria of NJ.com), while Marc Stein writes in his latest Substack story that Philadelphia has a “significant measure of renewed hope” in its ability to land the star forward.
Although the Magic are one of three teams to secure a meeting with George, the free agents connected most frequently to Orlando by league insiders are Knicks center Isaiah Hartenstein and Nuggets wing Kentavious Caldwell-Pope, per Stein.
There’s a belief that DeMar DeRozan may wait to see what happens with George’s free agency before making a decision, according to Stein, since he’d have a better feel for his options outside the Bulls at that point. Multiple reports this offseason have suggested the Clippers could be a suitor for DeRozan (likely via sign-and-trade) if they lose George.
While the Lakers have emerged as a legitimate option for Klay Thompson, the Mavericks have made the veteran sharpshooter their top free agent priority, even ahead of starting small forward Derrick Jones, says Stein. Dallas hasn’t ruled out the possibility of signing both players – that would require a sign-and-trade for Thompson and an MLE deal for Jones – which would be the team’s true “Plan A,” Stein writes, adding that Naji Marshall continues to be mentioned as a likely Mavs target if they lose Jones.
The Clippers and Spurs are among the teams expected to have interest in Chris Paul if the veteran point guard ends up being waived by Golden State and becoming a free agent, reports Stein.

QO Decisions: Jazz, Okeke, Pacers, Krejci, Celtics, More

June 29th, 2024 at 8:09pm CST by Luke Adams

The Jazz declined to issue qualifying offers to guard Kira Lewis or center Micah Potter ahead of Saturday’s deadline, reports Tony Jones of The Athletic (Twitter links). As a result, both players will be unrestricted free agents this summer rather than restricted.

Lewis, the 13th overall pick in the 2020 draft, didn’t establish himself as a rotation player during three-and-a-half seasons in New Orleans. He was traded from the Pelicans to the Pacers to the Raptors to the Jazz during the 2023/24 season, and played a limited role in Utah after arriving from Toronto as a salary-matching piece in the deal involving Kelly Olynyk and Ochai Agbaji. His qualifying offer would have been worth $7.74MM, so it comes as no surprise that it wasn’t tendered.

Potter also played sparingly for the Jazz last season while on a two-way contract, though he has shown some promise in the G League and is part of the U.S. Select Team that will scrimmage with Team USA ahead of the Olympics. His qualifying offer would’ve been for a partially guaranteed minimum-salary deal. According to Jones, a return to Utah is possible, though Potter may receive interest from other teams.

The only Jazz player eligible for restricted free agency who received a qualifying offer is guard Johnny Juzang, Jones reports (Twitter link). Since he has finished each of the past two seasons on a two-way contract with Utah, Juzang wasn’t eligible for another two-way qualifying offer, so his QO is for a partially guaranteed one-year minimum deal.

Here are more qualifying offer updates from around the NBA:

Former Magic first-round pick Chuma Okeke didn’t receive a qualifying offer that would’ve been worth about $7.4MM and will become an unrestricted free agent, per Jason Beede of The Orlando Sentinel. Okeke, 25, has played good defense since entering the league in 2020, but hasn’t contributed much offensively, averaging 6.3 points per game on .383/.318/.789 shooting in 189 career contests (20.3 MPG).
The Pacers have tendered qualifying offers to Obi Toppin ($7.74MM), Oscar Tshiebwe (two-way), and Quenton Jackson (two-way), according to a pair of stories from Tony East of SI.com. All three players will now be restricted free agents.
The Hawks have issued a two-way qualifying offer to guard Vit Krejci, making him a restricted free agent, a league source tells Lauren L. Williams of The Atlanta Journal-Constitution (Twitter link). Krejci is a candidate to negotiate a standard contract with Atlanta after finishing the 2023/24 season as a rotation player. He could also sign an offer sheet with another team, but the Hawks would have the right to match it.
After declining Neemias Queta‘s team option for 2023/24, the Celtics tendered him a qualifying offer, according to Keith Smith of Spotrac (Twitter link). Two-way player Drew Peterson also got a qualifying offer from Boston, but JD Davison didn’t, Smith adds. Queta’s QO will be worth approximately $2.37MM, while Peterson’s will be for another two-way contract.
The following players also received two-way qualifying offers, according to Smith: Lakers big man Colin Castleton (Twitter link), Bulls forward Adama Sanogo (Twitter link), Spurs wing David Duke (Twitter link), and former Warriors guard Nico Mannion (Twitter link), whose RFA rights continue to held by Golden State as he continues his career overseas. San Antonio issued a $2.7MM qualifying offer to big man Sandro Mamukelashvili too, making him a restricted free agent, tweets Smith.
The Clippers opted not to extend qualifying offers to two-way players Xavier Moon and Moussa Diabate, according to Law Murray of The Athletic (Twitter links). The door isn’t closed on a new deal for either player, but it sounds like they’ll explore their options as unrestricted free agents, per Murray. The qualifying offers for Moon and Diabate would have been partially guaranteed minimum-salary offers, since they were ineligible for another two-way QO.
Neither Nate Hinton nor Jermaine Samuels received a two-way qualifying offer from the Rockets, tweets Kelly Iko of The Athletic. Both players will be unrestricted free agents.

Atlantic Notes: Stevens, Celtics, Sixers, George, Nets

June 29th, 2024 at 7:58pm CST by Arthur Hill

Since the Celtics won the NBA title 12 days ago, team president Brad Stevens has watched other contenders make roster moves to try to catch up, writes Gary Washburn of The Boston Globe. The battle to keep Boston from repeating next season will kick into high gear when free agency starts Sunday evening.

The Celtics won’t be very active because their status as a second-apron team places restrictions on what they’re permitted to do. The offseason focus will be on extensions for Jayson Tatum, Derrick White and Sam Hauser and possibly re-signing one or more of their free agent big men. Stevens understood the limits his team would face when he traded for Kristaps Porzingis and Jrue Holiday last offseason.

“You saw a couple of moves today where people are setting themselves up to sign the next contract or to do things they can to dance around that second apron,” he said. “Obviously, we’re projected to be a little bit above, but we projected to that last year when we made those trades and we knew what we were getting ourselves into. We just have to all navigate it. We all know the basketball penalties that are associated with it. We have to look at A) How are we going to be able to navigate that world from a financial standpoint, from a basketball standpoint, from a penalty standpoint, and B) Put the best roster together than you can.”

There’s more from the Atlantic Division:

Stevens also talked about the importance of hitting on draft choices for second-apron teams and expressed confidence that first-round pick Baylor Scheierman and second-rounder Anton Watson will both have a future with the Celtics, Washburn adds. “The draft is important, and if you have a chance to get a really good player, it could make a huge difference,” Stevens said. “We’re hopeful that these two guys come in with the right mindset. I have no doubt that they’ll have good careers and we look forward to playing a part in it.”
Keith Pompey of The Philadelphia Inquirer examines the Sixers‘ chances of landing Paul George in free agency now that he has declined his $48.8MM option for next season. George will meet with Sixers officials Sunday night, but Pompey notes that the Magic are also a strong contender and there’s a chance he’ll remain with the Clippers if they add a fourth year to their current offer. Sources tell Pompey that George is expected to be involved in helping to recruit role players if he signs with Philadelphia.
With the Nets over the salary cap, their significant moves are likely to happen on the trade market, observes Brian Lewis of The New York Post. Lewis points to Cameron Johnson and Dorian Finney-Smith as players who would be better fits on contenders and states that the Cavaliers, Kings and Lakers have expressed interest in Johnson.

Paul George Declines Option, Will Take Free Agent Meetings

June 29th, 2024 at 6:15pm CST by Luke Adams

6:15pm: George intends to meet with the Clippers, Sixers, and Magic late on Sunday night and into Monday, according to reports from Wojnarowski and Shams Charania of The Athletic (Twitter links).

3:43pm: Clippers star forward Paul George has decided to turn down his $48.8MM player option for the 2024/25 season, reports Adrian Wojnarowski of ESPN (Twitter link).

The move puts George on track to become an unrestricted free agent, and he intends to schedule meetings with the Clippers – who control his Bird rights – and other suitors with cap room beginning on Sunday evening, says Wojnarowski.

The decision also means that an opt-in-and-trade scenario is off the table for George, so over-the-cap teams who were hoping to acquire him – including the Warriors – will no longer have a realistic path to do so.

George turned 34 in May but has continued to produce like one of the NBA’s best wings in recent years. In 74 games in 2023/24, he averaged 22.6 points, 5.2 rebounds, 3.5 assists, and 1.5 steals in 33.8 minutes per game, posting a strong shooting line of .471/.413/.907.

The Clippers signed their other star forward – Kawhi Leonard – to a three-year, $152MM contract extension in January and have reportedly attempted to get George locked up to a similar deal, which is below his maximum in terms of both years (he can get up to four) and dollars. The Los Angeles native has been unwilling to sign what his hometown team has put on the table so far and – with the two sides apparently at a stalemate – will weigh his options on the open market.

The Sixers, who will have more than enough cap room to accommodate a maximum-salary contract, have long been viewed as the biggest threat to the Clippers for George. A report last week indicated that Philadelphia’s interest in pursuing George had “waned,” but Chris Haynes of Bleacher Report (Twitter link) hears from sources that the 76ers are still expected to aggressively try to lure George away from the West Coast. The Magic are another team with significant cap room that has been mentioned as a potential suitor.

As our maximum-salary projections for 2024/25 show, rival suitors will be able to offer George up to a projected $212.2MM over four years, while the Clippers could bid up to about $221MM over those four years. Typically, Los Angeles would be able to offer a fifth year to a Bird-rights free agent, but that’s not an option for George due to the over-38 rule.

While a sign-and-trade deal sending George to a new team is technically possible, it likely won’t be a practical option for over-the-cap suitors. A team that takes back salary in exchange for a signed-and-traded player becomes hard-capped at the second tax apron, so acquiring upwards of $40MM in salaries for George probably won’t be viable for the Clippers.

Warriors Preparing To Lose Klay Thompson

June 29th, 2024 at 4:58pm CST by Luke Adams

With Klay Thompson just 24 hours away from reaching unrestricted free agency, the Warriors are preparing to lose their longtime sharpshooter and four-time NBA champion, league sources tell Shams Charania and Anthony Slater of The Athletic.

According to Charania and Slater, the Warriors and Thompson haven’t had much contact as of late and the team hasn’t made him a formal contract offer since the exclusive negotiating window opened after the NBA Finals.

The club has expressed interest in circling back to the five-time All-Star after addressing other business, including figuring out what to do with Chris Paul and his non-guaranteed $30MM expiring salary.

However, Thompson’s side believes Golden State’s interest in a reunion has been “disingenuous,” per The Athletic’s duo, who say he “never felt reciprocated love from management about his firm place in the franchise’s plans.”

As a result, the 34-year-old is determined to find a new home, league sources tell Charania and Slater, and both sides believe their 13-year run together is about to come to an end.

The Lakers, Clippers, and Mavericks are expected to be among Thompson’s top suitors, though all three teams project to be over the cap and would have to negotiate a sign-and-trade. Golden State has been open to the idea of accommodating such a deal in order to maximize Thompson’s earning potential, sources tell The Athletic.

Multiple clubs with cap room are expected to be in the mix too, per Charania and Slater. The Sixers and Magic are among the cap-space teams that have been linked to the longtime Warrior in recent days.

Marc Stein, who reported on Friday night that there’s “strong” mutual interest between Thompson and the Mavericks, tweets that LeBron James is hopeful the Lakers can make a bid to challenge Dallas for the veteran swingman. For his part, Thompson is intrigued by the Lakers possibility and plans to talking to both them and the Mavs, among other potential suitors, tweets Broderick Turner of The Los Angeles Times.

Magic Decline $8MM Team Option On Moritz Wagner

June 29th, 2024 at 4:34pm CST by Arthur Hill

The Magic aren’t picking up their $8MM team option for Moritz Wagner for next season, but both sides have interest in negotiating a new contract, according to ESPN’s Adrian Wojnarowski (Twitter link).

The decision means the 27-year-old big man will become an unrestricted free agent Sunday afternoon and will be free to talk with anyone. Wagner has spent the past four seasons in Orlando and presumably enjoys playing alongside his brother, Franz Wagner, so the team should have an advantage in trying to re-sign him.

The Magic are expected to be major players on the free agent market, and the extra $8MM in cap room could turn out to be valuable. Orlando is projected to have upwards of $52MM to work with and is considered to be a suitor for Clippers forward Paul George, who is declining his $48.8MM option for next season.

One possibility for Wagner suggested by Yossi Gozlan of HoopsHype (Twitter link) is for Orlando to use its $8MM room exception to give him the same salary as his option. The team would have to exhaust its cap space before that pathway becomes available.

Wagner played an important role off Orlando’s bench this season, averaging 10.9 points, 4.3 rebounds and 1.2 assists in 80 games.