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Raptors Trade Pascal Siakam To Pacers, Waive Christian Koloko

January 17th, 2024 at 9:56pm CST by Rory Maher

The Raptors have traded star forward Pascal Siakam to the Pacers for Bruce Brown, Kira Lewis, Jordan Nwora, two 2024 first-round picks, and a top-four protected 2026 first-rounder, Indiana announced in a press release.

“We’re incredibly excited to welcome Pascal to Indiana,” said president of basketball operations Kevin Pritchard. “As a two-time All-NBA selection and two-time NBA All Star, Pascal is a player that our organization has long admired and respected. We feel that his unique offensive skillset will complement our style of play, while his defensive versatility will be a valuable asset to our team.”

The Raptors also announced the trade is complete in their own press release.

“Pascal is a champion, an integral part of winning teams and an example of what can be achieved with dedication, perseverance, hard work and tenacity,” said Raptors vice chairman and president Masai Ujiri. “We’re lucky to have seen Pascal develop into the man and player that he is today – and we are grateful for everything he has done for our city and for our franchise. We wish him all good things.

“This is a time of change for our team, and we welcome Bruce, Jordan and Kira to the Raptors and to Toronto. Bruce is a world champion, and we look forward to his two-way play and added toughness on the court. We continue the work of getting better every day, and continue moving forward in our quest to win here in Toronto.”

The Raptors needed to release a player to complete the deal, and that roster casualty was second-year center Christian Koloko, who has yet to play this season due to a respiratory issue. Assuming he clears waivers, Toronto will be on the hook for Koloko’s full 2023/24 salary, which comes in at $1,719,864. His salary for next season was non-guaranteed.

As a rookie last season, Koloko showed promise as a rim protector, averaging 3.1 PPG, 2.9 RPG and 1.0 BPG in 58 games, including 19 starts (13.8 MPG).

According to Blake Murphy of Sportsnet.ca (Twitter link), the Raptors are still “very high” on Koloko, but since there’s no timeline for his return to action, he was the odd man out. Murphy wouldn’t be surprised if Toronto signs Koloko to a G League contract or re-signs him to an NBA deal in the future.

Echoing that last point, Michael Grange of Sportsnet.ca believes there’s “a good chance” Koloko will remain with the Raptors in some capacity (Twitter link). Grange also hears Koloko has been ramping up his activity lately, but it’s unknown when the Cameroonian big man will be cleared to play again.

As ESPN’s Bobby Marks tweets, all four players involved in the deal can be traded again prior to the February 8 deadline but cannot be aggregated with other salaries. The Raptors also created a $10.2MM traded player exception in the deal, per Marks (Twitter link).

The Raptors now have a full 15-man roster, while the Pacers have 13 players on standard deals. Teams aren’t permitted to carry fewer than 14 players on standard contracts for more than 14 days at a time, so Indiana will have two weeks to re-add a 14th man.

For more details on the blockbuster trade, check out our story from earlier in the day, before it became official.

Josh Giddey Won’t Face Criminal Charges Following Allegations

January 17th, 2024 at 8:30pm CST by Rory Maher

8:30pm: In a press release (Twitter link), the Newport Beach Police Department confirmed that Giddey won’t face criminal charges.

7:40pm: The Newport Beach Police Department has concluded its investigation into Thunder guard/forward Josh Giddey and he will not be charged with a crime after no corroborating evidence was found, as first reported by TMZ Sports. Shams Charania of The Athletic later confirmed the news.

In November, a series of posts on social media accused Giddey of having an inappropriate relationship with an underage girl who is a student at Newport Harbor High School in Newport Beach. That prompted both the NBA and the Newport Beach Police Department to open investigations into the claims.

However, TMZ reported at the time that the alleged minor and her family were unwilling to cooperate with law enforcement officials. Now, the case is considered closed, according to TMZ.

The NBA’s investigation is technically still active, but it seems unlikely to turn out differently considering Giddey won’t face criminal charges.

The sixth overall pick of the 2021 draft, Giddey is averaging 11.8 PPG, 6.1 RPG and 4.6 APG in 39 games this season for Oklahoma City (24.8 MPG).

Pelicans Trade Kira Lewis Jr. To Pacers

January 17th, 2024 at 6:24pm CST by Rory Maher

The Pelicans have traded fourth-year guard Kira Lewis Jr. and a 2024 second-round pick — the least favorable of New Orleans’ and Chicago’s second-rounders — to the Pacers in exchange for cash considerations, the two clubs confirmed in press releases.

Indiana waived James Johnson to create a roster spot for Lewis.

Lewis won’t be staying in Indiana. He’ll be part of the package heading to Toronto in the Pascal Siakam blockbuster. Lewis will be eligible for restricted free agency in the summer if the Raptors give him a qualifying offer.

By trading Lewis’ $5.7MM contract, the Pelicans moved under the luxury tax line — they’d previously been over and have never paid the tax — so it’s a straightforward salary dump from their perspective.

A former lottery pick (13th overall in 2020), the 22-year-old was unable to carve out a regular spot in New Orleans’ rotation over the past two seasons after returning from a torn ACL in 2022/23. He has appeared in just 15 games this season for an average of 9.8 minutes per night.

The Pacers are acquiring Lewis using cap room, which means they’ll be able to immediately aggregate his salary in the Siakam trade. Bruce Brown, Jordan Nwora, and three first-round picks will also be sent to the Raptors in that deal.

The Pelicans now have 13 players on standard contracts. Teams aren’t permitted to carry fewer than 14 players on standard deals for more than 14 days at a time, so they’ll have two weeks to re-add a 14th man.

Killian Hayes Meets Starter Criteria

January 17th, 2024 at 6:15pm CST by Luke Adams

Pistons guard Killian Hayes has met the “starter criteria” for potential restricted free agents by making his 26th start of the season on Wednesday night vs. Minnesota.

An RFA-to-be meets the starter criteria – which dictates the value of his qualifying offer – when he starts 41 games or plays 2,000 minutes in the final season of his contract, or when he averages 41 starts (or 2,000 minutes) in his last two seasons before free agency. Hayes made 56 starts in 2022/23, so he has now made 82 over the past two seasons, for an average of 41.

As a result of meeting the starter criteria, Hayes’ qualifying offer, if the Pistons opt to issue one this summer to make him a restricted free agent, will be worth $9,942,114. Had he failed to meet the criteria, the value of that QO would have been $7,744,600.

For a player who is expected to sign a lucrative long-term contract, the value of that qualifying offer generally doesn’t matter much, since it essentially functions as a placeholder while he negotiates a multiyear deal.

However, for a player like Hayes, who isn’t assured of a major payday in free agency, that figure looms larger. Now that he has bumped the value of his qualifying offer from $7.7MM to $9.9MM, the Pistons may be less inclined to give him that QO — and if they do, Hayes may be more inclined to accept it, locking in a one-year salary just shy of $10MM.

The No. 7 overall pick in the 2020 draft, Hayes has averaged 8.2 points, 5.2 assists, and 2.9 rebounds per game in 203 career appearances (26.3 MPG). The 22-year-old has put up 7.4 PPG, 4.8 APG, and 2.9 RPG on .400/.279/.681 shooting this season. He reclaimed his spot in Detroit’s starting five after Cade Cunningham was sidelined last week due to a knee injury.

Pacers Waive James Johnson

January 17th, 2024 at 5:09pm CST by Rory Maher

As expected, the Pacers have officially waived veteran forward James Johnson, the team announced in a press release.

Indiana needed to open a roster spot to acquire Kira Lewis Jr. from New Orleans. Lewis — along with Bruce Brown, Jordan Nwora and three first-round picks — will then be sent to Toronto in a separate deal for Pascal Siakam.

According to Tony East of SI.com (Twitter link), the Pacers hope to re-sign Johnson, assuming he clears waivers in a couple days. After the three-for-one trade is complete, Indiana will have two open roster spots.

Interestingly, Johnson was waived as part of a blockbuster trade last year as well, but the Pacers re-signed him a few days later. It sounds like that will be the case again in 2024.

If he clears waivers and becomes an unrestricted free agent, the Pacers will owe Johnson about $2.2MM — the prorated version of the veteran’s minimum — while the team will carry a $1.4MM cap hit, according to Spotrac. The 36-year-old signed a one-year deal with Indiana last month after going unsigned over the offseason, which is why his salary is prorated.

Johnson, who has played for 10 different different NBA teams, averaged 4.8 minutes per game across five appearances in 2023/24. He played 18 games for the Pacers last season.

While he hasn’t contributed much on the court the past two seasons, the Pacers clearly value Johnson’s leadership and professionalism, which is why they keep bringing him back.

Central Notes: DeRozan, J. Carter, Garland, Giannis, J. Walker

January 17th, 2024 at 4:53pm CST by Luke Adams

It has been up-and-down season so far for the Bulls, who got off to a 5-14 start and have gone 14-9 since then to move into a play-in spot in the East. Viewed back in the fall as a candidate to blow up their roster prior to the trade deadline, the Bulls no longer have a clear path at the deadline, especially with Zach LaVine generating little interest.

While fans and league observing will be keeping a close eye on the Bulls in the coming weeks to see which direction they go, DeMar DeRozan – a possible trade or extension candidate – made it clear he won’t be checking Hoops Rumors for updates.

“I don’t sit up here refreshing my apps in the morning to see what’s what, rumors or anything,” DeRozan said, per Joe Cowley of The Chicago Sun-Times. “Should we, shouldn’t we . . . it’s a tough question for me because being in the league so long, I can really be at a point where that [expletive] doesn’t bother me.

“… My focus is making sure we’re trending in the right direction, no matter what happens. … For me, I just have learned not to carry that emotion with me because it will drive you crazy, constantly worrying about what somebody else is going to do, blah, blah, blah. I really don’t worry about it. I can’t.”

Here’s more from around the Central:

A regular contributor off the Bulls‘ bench for most of the season, guard Jevon Carter was a DNP-CD twice last week before returning to the team’s rotation for the past two games. He’s unfazed by his inconsistent role, according to K.C. Johnson of NBC Sports Chicago (Twitter link). “In and out of the rotation, that don’t really mean nothing to me,” Carter said. “I’m in the NBA. I’m blessed to be here. I’m ready whenever my name is called. Whether that’s for 82 games or 2 games, I’m ready whenever.”
As expected, Cavaliers guard Darius Garland was cleared this week to resume basketball activities, according to Chris Fedor of Cleveland.com (subscription required). The former All-Star, who has been out for over a month due to a fractured jaw, will need some time to get back into game shape, but the hope is that he’ll be back on the court before the end of the month.
Bucks star Giannis Antetokounmpo will be sidelined for Wednesday’s contest in Cleveland due to a right shoulder contusion, tweets Eric Nehm of The Athletic. The two-time MVP was not previously listed on the injury report. There’s no indication yet of how long he might be out.
After being drafted eighth overall last June, Pacers forward Jarace Walker hasn’t played regular minutes as a rookie, but he logged a season-high 26 minutes in Monday’s loss to Utah. As Dustin Dopirak of The Indianapolis Star writes, Walker showed signs of promise, racking up four steals and two blocks, but also showed why the team has been reluctant to feature him more consistently — he made just 3-of-11 shots from the floor and Indiana was outscored by 17 points while he was on the court. With the Pacers poised to acquire Pascal Siakam, Walker will likely remain out of the rotation for the foreseeable future.

And-Ones: T. Davis, Trade Deadline, Team USA, Diamond Sports

January 17th, 2024 at 3:41pm CST by Luke Adams

After not finding an NBA opportunity when he became a free agent during the 2023 offseason, veteran guard Terence Davis eventually opted to sign a G League contract in December. Speaking to Cyro Asseo de Choch of HoopsHype, Davis said he gave up “a good amount of money” by turning down a EuroLeague opportunity with a Greek team, but that he didn’t want to move his family overseas and believed the G League was the best route back to the NBA.

Unfortunately, Davis’ comeback efforts will go on hold for the rest of the 2023/24 season and potentially beyond that. While playing for the Rip City Remix – the Trail Blazers‘ NBAGL team – the veteran guard recently suffered a torn Achilles, which will sideline him for the rest of ’23/24.

Davis told HoopsHype that he’s hopeful he’ll be able to recover quickly and be ready for training camps in the fall, but the rehab process for Achilles tear often takes longer than that. The 26-year-old admitted that there’s no specific return timetable yet.

“We haven’t had surgery. I get reevaluated in a week,” Davis said. “Then, I will get to fly home and probably won’t see Dr. (Richard) Ferkel again for another three or four weeks. So, that’s when I can start my rehab, and we’ll know the timelines.”

We have a few more odds and ends from around the basketball world:

In another story for HoopsHype, Mark Deeks previews the trade deadline for all 15 Eastern Conference clubs, exploring what each team will – or should – do.
At some point in the next few days, USA Basketball is expected to announce a pool of about 30 players who will be in the mix for spots on the 2024 Olympic roster, tweets Marc J. Spears of Andscape. The final 12-man roster likely won’t be announced until sometime after the season.
Fred Katz, Mike Vorkunov, and James Edwards of The Athletic ranked the 15 best in-season NBA trades of the past five years, focusing on which deals had the most significant impact on the teams involved. Their No. 1 pick was 2020’s Andrew Wiggins/D’Angelo Russell swap between the Warriors and Timberwolves, which beat out the 2022 Kings/Pacers blockbuster that included Tyrese Haliburton and Domantas Sabonis.
Amazon is partnering with Diamond Sports as part of restructuring agreement, per Joe Reedy of The Associated Press. Diamond Sports, which filed for bankruptcy last March, owns 18 Bally Sports networks that control the TV rights for 15 NBA teams. The agreement will give Amazon’s Prime Video access to Diamond’s content and should allow the company to emerge from bankruptcy and continue its operations, as Reedy details.

Warriors Assistant Dejan Milojevic Dies At Age 46

January 17th, 2024 at 2:33pm CST by Luke Adams

Warriors assistant coach Dejan Milojevic has passed away at age 46, according to reports from several outlets in Milojevic’s native Serbia. The team has confirmed the tragic news in an official press release (Twitter link).

Having accompanied the Warriors to Utah for a Wednesday game vs. the Jazz (which has since been postponed), Milojevic was rushed to the hospital in Salt Lake City on Tuesday after experiencing a medical emergency during a private team dinner with players and coaches.

The Warriors didn’t initially release any details on the nature of Milojevic’s health issue, but confirmed in their latest statement that he suffered a heart attack.

“We are absolutely devastated by Dejan’s sudden passing,” head coach Steve Kerr said in a statement. “This is a shocking and tragic blow for everyone associated with the Warriors and an incredibly difficult time for his family, friends, and all of us who had the incredible pleasure to work with him.

“In addition to being a terrific basketball coach, Dejan was one of the most positive and beautiful human beings I have ever known, someone who brought joy and light to every single day with his passion and energy. We grieve with and for his wife, Natasa, and their children, Nikola and Masa. Their loss is unfathomable.”

A former star player in Europe and the longtime head coach of Mega Basket in Serbia, where he coached future NBA MVP Nikola Jokic from 2012-15, Milojevic made the move to the NBA in 2021. He joined Kerr’s staff in Golden State and won a title in 2022 to cap off his first year with the franchise.

Milojevic previously worked with the Hawks, Spurs, and Rockets during Summer Leagues from 2016-18 and was in his third season as a Warriors assistant. As a player, he primarily competed for teams in Serbia, but also spent time in Spain, Turkey, and Montenegro. He was a three-time MVP of the ABA League from 2004-06.

Our heartfelt condolences go out to Milojevic’s friends and family.

Pacers Finalizing Trade For Pascal Siakam

January 17th, 2024 at 1:24pm CST by Luke Adams

The Pacers and Raptors are finalizing an agreement on a trade that will send star forward Pascal Siakam to Indiana, sources tell Adrian Wojnarowski of ESPN (Twitter link).

The deal, whose framework was previously reported by Shams Charania and Jake Fischer, will send Bruce Brown, Jordan Nwora, and three first-round picks to Toronto, according to Wojnarowski. The Pelicans will also be involved, Wojnarowski notes, with fourth-year guard Kira Lewis headed to the Raptors.

Earlier reporting indicated that Indiana would likely include either Jalen Smith or Obi Toppin in their package for salary-matching purposes. However, by acquiring Lewis from New Orleans using their cap room, the Pacers will be able to immediately aggregate his salary with Brown’s and Nwora’s, making him the missing matching piece. As a result, the “three-team” deal will technically consist of two separate trades, ESPN’s Bobby Marks confirms (via Twitter).

The three first-rounders going to Toronto will be the Pacers’ own 2024 pick, a second ’24 first-rounder (via Oklahoma City), and Indiana’s 2026 pick, sources tell Wojnarowski (Twitter link). The 2024 pick from OKC will be the least favorable of the Thunder’s, Clippers’, Rockets’, and Jazz’s first-rounders. The 2026 pick will include top-four protection, according to Charania (Twitter link).

In the Pelicans/Pacers swap, New Orleans will receive cash from Indiana and will send a second-round pick to the Pacers, per ESPN’s Andrew Lopez and Wojnarowski (Twitter link). That will be a 2024 selection, tweets Christian Clark of NOLA.com, which means it’ll be the least favorable of the Pelicans’ and Bulls’ second-rounders.

The blockbuster deal is the culmination of several months of trade rumors involving Siakam. He was also at the center of speculation over the 2023 offseason, at which time the Raptors reportedly spoke to the Hawks and others about the two-time All-Star. The Mavericks, Warriors, Pistons, and Kings are among the teams that have been linked to him in recent weeks.

After getting a limited return for Kyle Lowry in a sign-and-trade deal in 2021 and then losing Fred VanVleet for nothing in 2023 free agency, the Raptors were more proactive this season in moving key players on expiring contracts ahead of February’s trade deadline. Toronto sent OG Anunoby and two other players to New York at the end of December in exchange for Immanuel Quickley, RJ Barrett, and a second-round pick.

The Pacers reportedly made an effort to acquire Anunoby before the Knicks landed him, but Siakam had been at the top of their wish list for over six months, tweets Scott Agness of Fieldhouse Files. While the Raptors were believed to be seeking a return headlined by a young player or two – like the one they got from the Knicks for Anunoby – Indiana was able to get the deal done with a pick-heavy package that didn’t include recent lottery selections Bennedict Mathurin or Jarace Walker.

By virtue of being traded, Siakam will no longer be eligible for a super-max contract in the event he makes an All-NBA team for a third time this season. Additionally, he won’t be able to sign an extension of more than two years with Indiana prior to free agency, since a longer-term extension deal isn’t permitted for six months after the trade.

However, the 29-year-old is excited to join the Pacers and is expected to be “eager” to figure out a new contract with the team this summer, sources tell Wojnarowski (Twitter link). The Pacers will hold his Bird rights, giving them the ability to offer up to five years once he becomes a free agent. They’ll have plenty of financial flexibility to make Siakam a part of the long-term core alongside star point guard Tyrese Haliburton.

“I’m excited that Pascal is getting a first class opportunity with the Pacers, being paired with Tyrese and Myles (Turner) and being coached by a great coach in Rick Carlisle,” Siakam’s agent Todd Ramasar said in a statement to Marc J. Spears of Andscape (Twitter link). “His future there looks bright there.”

The Raptors will now control at least two first-round picks in the 2024 draft, along with an early second-rounder from the Pistons that currently projects to be 31st overall. They traded their own ’24 first-rounder away to the Spurs in last season’s Jakob Poeltl deal, but it has top-six protection, so it’s not a lock to change hands — Toronto’s 15-25 record is tied for the sixth-worst mark in the NBA.

It’s unclear what Toronto’s plans are for Brown, who played an important role on the Nuggets’ championship team last season and could be a popular target for contenders on the trade market in the coming weeks.

Brown is on a pseudo-expiring $22MM contract — he has a $23MM club option for 2024/25, so if he remains a Raptor, the club could create in excess of $30MM in cap room by declining that option, notes Keith Smith of Spotrac (Twitter link). Nwora ($3MM) and Lewis ($5.7MM) are also on expiring deals.

While the Pacers’ 2023/24 team salary will increase beyond the cap once they officially acquire Siakam, the Raptors and Pelicans will gain significant cap relief. After being only slightly under the luxury tax line prior to the trade, Toronto will have about $9MM in breathing room below that threshold, tweets cap expert Yossi Gozlan.

New Orleans, meanwhile, will move from above the tax line to about $2.8MM below it, Gozlan adds (via Twitter). That will give the Pelicans – one of two NBA teams to never pay the tax – more room to operate on the trade market or in free agency in the coming weeks.

The Pacers will have to waive a player in order to acquire Lewis from New Orleans. Veteran forward James Johnson will be that roster casualty, per Tony East of SI.com (Twitter link). The Raptors, who currently have one open spot on their 15-man roster, will also need to make a cut in order to accommodate their three-for-one deal with Indiana.

Both the Pacers and Pelicans will end up with 13 players on standard contracts once the two trades are completed. Teams aren’t permitted to carry fewer than 14 players on standard deals for more than 14 days at a time, so both clubs will have two weeks to re-add a 14th man.

Fischer’s Latest: Tucker, Suns, Warriors, Mavs, Blazers, Graham

January 17th, 2024 at 12:28pm CST by Luke Adams

After being traded from Philadelphia to the Clippers earlier this season, veteran forward P.J. Tucker is a “strong” candidate to be moved again ahead of the February 8 deadline, says Jake Fischer of Yahoo Sports.

According to Fischer, Washington is viewed as a potential trade destination for Tucker, who would likely be bought out if he’s sent to the Wizards. In that scenario, the Suns and Bucks would be among the teams expected to pursue the 38-year-old on the buyout market, Fischer adds.

Tucker is earning $11MM this season, with an $11.5MM player option for 2024/25, so unless he gives up a significant portion of his remaining money in a buyout agreement, he’d still have a real impact on his team’s salary cap for next season. With that in mind, the Wizards (or another trade partner) would presumably want a solid asset or two as a sweetener to take on his contract, especially if they’re also giving up a rotation-caliber player in the process.

Here’s more from Fischer:

The Suns are one of the more active teams on the trade market and have explored what a package that includes Grayson Allen and Nassir Little could bring back, Fischer reports. Those efforts are complicated by the fact that Phoenix’s draft assets consist of just four second-round picks, according to Fischer, who points out too that Allen has been arguably the team’s most important players outside of its three stars.
Although the Warriors and Mavericks have displayed interest in Raptors forward Pascal Siakam, Golden State has shown little desire to part with either Jonathan Kuminga or Moses Moody, Fischer writes. As for the Mavs, they’ve been linked to many forwards, per Fischer, including Andrew Wiggins, P.J. Washington of the Hornets, and former Mav Dorian Finney-Smith, now a member of the Nets.
Jerami Grant is the sort of player who would appeal to teams like the Mavericks and Kings, but the Trail Blazers aren’t expected to seriously consider offers for the veteran forward, according to Fischer. Portland guard Malcolm Brogdon, on the other hand, is viewed as a more viable trade candidate.
In addition to veterans like Doug McDermott and Cedi Osman, who were previously identified as trade candidates, guard Devonte’ Graham is another Spurs player who is available via trade, sources tell Fischer. Graham has been out of San Antonio’s rotation all season and has a $12.1MM cap hit for this season, with a $2.85MM partial guarantee for 2024/25, so he presumably won’t have positive value.