Kentavious Caldwell-Pope To Decline Option, Become Free Agent

Kentavious Caldwell-Pope has decided to decline his $15.4MM player option with the Nuggets for the 2024/25 season, according to Shams Charania and Tony Jones of The Athletic, who report (via Twitter) that the veteran wing will become an unrestricted free agent.

The decision doesn’t necessarily mean Caldwell-Pope won’t return to Denver, but the Nuggets figure to face plenty of competition for the three-and-D specialist. Multiple teams with cap room are expected to pursue him, per Charania and Jones.

Caldwell-Pope, 31, played an important role on the Lakers team that won a title in 2020 and the Nuggets squad that won the 2023 championship. He has knocked down 40.3% of his three-point attempts over the last five seasons and is a strong perimeter defender.

While Denver would obviously like to bring back its starting shooting guard, a strong offer for Caldwell-Pope would likely push the team’s salary above the restrictive second tax apron. Speaking to reporters on Wednesday, Nuggets general manager Calvin Booth expressed a desire to re-sign Caldwell-Pope but suggested that the team has contingency plans prepared – including potentially sliding Christian Braun into the starting five – in the event that KCP leaves.

“I think we have to look at everything, and the nature of free agency is, he’s unrestricted,” Booth said. “So we can try to bring him back, and if he doesn’t want to come back or opts to go somewhere else, that’s his prerogative. So we’ll have to work with that. But I think we’re prepared to plug and play, so to speak.”

The Sixers and Magic are among the cap-room teams who have been mentioned as possible suitors for Caldwell-Pope, the No. 11 free agent on our top-50 list.

Southeast Notes: Ware, Highsmith, Martin, Wizards, Lee, Ball

Kel’el Ware gained a reputation of having a low motor during his one season at Oregon. He played with much more effort during his one season with Indiana and that’s why the Heat had no qualms about selecting him with the No.  15 pick, Ira Winderman of the South Florida Sun Sentinel writes.

“I think that’s a low-hanging-fruit description of him,” Adam Simon, the Heat’s VP of basketball operations, said. “Kel’el is not that. I think he went to Oregon, was playing behind an established player, an older player. He played in every game out there, saw a better situation for himself to go to Indiana. For him, he showed what he can do. He played with a motor. He played with intensity. And I think we’re talking about a young player that has an edge to him.”

Simon has another description of Ware in terms of what he brings to the table, according to Anthony Chiang of the Miami Herald.

“Kel’el is a three-and-D center,” he said. “It is not easy to find 7-footers who can play out on the perimeter offensively and also be able to defend with his ability to shot block and defend the post. For us, that was very appealing.”

We have more from the Southeast Division:

  • Don’t expect the Heat to re-sign both Haywood Highsmith and Caleb Martin in free agency, Chiang reports in a separate story. Highsmith is set to become an unrestricted free agent and Martin holds a $7.1MM option on his contract, which he will likely decline. With the Heat’s payroll already near the second apron, the best Miami can realistically hope for is to re-sign one or the other, Chiang writes.
  • The Wizards’ moves in recent days signal that they’re attempting to build for four or five years down the road, while focusing on the crucial 2025 and 2026 draft lotteries, Josh Robbins of The Athletic opines. They made three selections in Wednesday’s first round. If that trio plays significant minutes as rookies, it’s almost a given the Wizards will be on the fast track to the bottom of the standings the next two seasons as they develop.
  • Charles Lee, the new Hornets coach, said that LaMelo Ball is focused on being durable next season after a couple of injury-riddle campaigns. “I think that he’s just doing all that he can possibly do to make sure that he’s more available this year, a little bit healthier,” Lee told Roderick Boone of the Charlotte Obersver. “Injuries are going to happen, but if you can do a lot of the work on the front end, hopefully you can create some luck where you avoid one or two of these little minor, nagging injuries. And then outside of that, I just think that offensively, he’s going to be a big component or a big part of us being able to play fast.”
  • The Hornets are coming off a 21-win season but Lee is impressed with the talent level within the roster, according to the Associated Press. “We have a very, very good team here,” Lee said. “We’ve been snakebit with some injuries. … But this group is focused on the right things. The expectations are that we are going to compete every night, whether it’s a home game, road game or whoever is playing. This is going to be a group that is together offensively and defensively, no matter who is on the floor.”

Knicks Notes: Dadiet, Hartenstein, McBride, Brunson

The Knicks selected French wing Pacome Dadiet with the No. 25 pick in the 2024 draft. Still just 18 years old, Dadiet spent last season playing for Ratiopharm Ulm in Germany.

Given his age and New York’s financial situation — the team will be hard-capped at the $178.7MM first tax apron if the Mikal Bridges trade is finalized as currently constructed — it would make sense for the Knicks to try and stash Dadiet overseas for at least one season, delaying when he signs his rookie scale contract. However, Dadiet said he plans to play in the NBA next season, which may complicate matters (Twitter link via Fred Katz of The Athletic).

Assuming he signs for 120% of the rookie scale, which virtually every first-round draft pick does, Dadiet would project to earn $2,720,040 in 2024/25. That figure might sound relatively modest by NBA standards, but the Knicks are nearly at the first apron already with just eight players under contract.

Here’s more on the Knicks:

  • As Ian Begley of SNY.tv writes, the Knicks gained a little financial wiggle room by trading the No. 26 pick (Dillon Jones) to Oklahoma City for five future second-rounders. However, they’ll still need to add about $4.4MM in salary to the Bridges deal to avoid being hard-capped at the first apron — doing so would instead hard cap the Knicks at the second apron ($189.5MM). That would give New York the ability to offer Isaiah Hartenstein his Early Bird max of $72.5MM over four years. Still, Begley says Hartenstein is “unlikely” to return unless he’s willing to take a discount, since he has become the top free agent center available after Nic Claxton agreed to a four-year, $100MM deal with Brooklyn.
  • Sources tell Fred Katz of The Athletic that the Knicks have indeed been exploring ways to add salary to the Bridges deal to avoid the first apron hard cap. New York contemplated including Miles McBride, but the team has since “shied away” from that idea, according to Katz, who also hears the Knicks have become “pessimistic” about their chances of re-signing Hartenstein.
  • Speaking of McBride, the 23-year-old guard underwent surgery on his right pinky toe this week, the Knicks announced (via Twitter). McBride is expected to resume basketball activities later this offseason.
  • It would be far less lucrative than if he were to wait a year, but a league source tells Katz that Jalen Brunson is still considering signing an extension this offseason. Brunson will be eligible to sign a four-year extension worth approximately $157MM this summer. Waiting until 2025 would make him eligible for a deal worth up to a projected $270MM over five years.

2024 NBA Offseason Trades

As we did with last year’s offseason trades and the in-season swaps from 2023/24, Hoops Rumors will be keeping track of all of the trades made this offseason, right up until the start of the 2024/25 season, updating this post with each transaction.

Trades are listed here in reverse chronological order, with the latest on top. So, if a player has been traded multiple times, the first team listed as having acquired him is the one that ended up with him. If a trade has not yet been formally finalized, it will be listed in italics. The terms or structures of those deals could still change before they’re officially completed.

For our full story on each trade, click on the date above it. For more information on the specific conditions dictating if and when draft picks involved in these deals will actually change hands, be sure to check out RealGM.com’s breakdown of the details on traded picks.

We’ll continue to update this list with the latest specific details on picks and other compensation, as they’re reported.

Here’s the full list of the NBA’s 2024 offseason trades:


2024/25 League Year

October 15

  • Spurs acquire Jalen McDaniels, the Kings’ 2031 second-round pick, and cash ($1MM).
  • Kings acquire the Bulls’ 2025 second-round pick (top-55 protected).

October 2

July 29

July 19

July 18

  • Clippers acquire Kris Dunn (sign-and-trade).
  • Jazz acquire Russell Westbrook, the right to swap their own 2030 second-round pick for the Clippers’ 2030 second-round pick, the draft rights to Balsa Koprivica, and cash ($4.3MM).

July 8

  • Kings acquire DeMar DeRozan (sign-and-trade).
  • Bulls acquire Chris Duarte, RaiQuan Gray (two-way), the Kings’ 2025 second-round pick, the Kings’ 2028 second-round pick, and cash (from Kings).
  • Spurs acquire Harrison Barnes and the right to swap their own 2031 first-round pick for the Kings’ 2031 first-round pick.

July 6

  • Mavericks acquire Klay Thompson (sign-and-trade) and either the Nuggets’ or Sixers’ 2025 second-round pick (whichever is more favorable; from Hornets/Nuggets).
  • Warriors acquire Kyle Anderson (sign-and-trade) and Buddy Hield (sign-and-trade).
  • Hornets acquire Josh Green, Reggie Jackson, the Nuggets’ 2029 second-round pick, and the Nuggets’ 2030 second-round pick.
  • Timberwolves acquire either the Nuggets’ or Sixers’ 2025 second-round pick (whichever is least favorable; from Hornets/Nuggets), the right to swap their own 2031 second-round pick for the Warriors’ 2031 second-round pick, and cash (from Warriors).
  • Sixers acquire the Mavericks’ 2031 second-round pick.
  • Nuggets acquire cash (from Hornets).

July 6

  • Knicks acquire Mikal Bridges, Keita Bates-Diop, the draft rights to Juan Pablo Vaulet, and either the Pistons’, Bucks’, or Magic’s 2026 second-round pick (whichever is least favorable).
  • Nets acquire Bojan Bogdanovic, Shake Milton (sign-and-trade), Mamadi Diakite, the Knicks’ 2025 first-round pick, the Bucks’ 2025 first-round pick (top-four protected), the Knicks’ 2027 first-round pick, the Knicks’ 2029 first-round pick, the Knicks’ 2031 first-round pick, the right to swap a 2028 first-round pick (their own or the Suns’; whichever is most favorable) for the Knicks’ 2028 first-round pick, and the Nets’ 2025 second-round pick.

July 6

July 6

  • Pistons acquire Wendell Moore and the draft rights to Bobi Klintman (No. 37 pick).
  • Grizzlies acquire the draft rights to Cam Spencer (No. 53 pick).
  • Raptors acquire the draft rights to Ulrich Chomche (No. 57 pick).
  • Timberwolves acquire the Grizzlies’ 2030 second-round pick (top-50 protected) and cash ($1MM; from Raptors).

July 6

  • Hornets acquire Devonte’ Graham and the Pelicans’ 2025 second-round pick.
  • Spurs acquire cash ($110K).

July 6

  • Wizards acquire Jonas Valanciunas (sign-and-trade).
  • Pelicans acquire the Bulls’ 2027 second-round pick (top-50 protected).

July 6

  • Trail Blazers acquire Deni Avdija.
  • Wizards acquire Malcolm Brogdon; the draft rights to Carlton Carrington (No. 14 pick); either the Trail Blazers’, Celtics’, or Bucks’ 2029 first-round pick (whichever is second-most favorable); the Warriors’ 2028 second-round pick; and the Trail Blazers’ 2030 second-round pick.

July 6

  • Warriors acquire the draft rights to Quinten Post (No. 52 pick).
  • Trail Blazers acquire cash.

July 6

  • Pacers acquire the draft rights to Johnny Furphy (No. 35 pick).
  • Spurs acquire the draft rights to Juan Nunez (No. 36 pick) and cash ($1MM).

July 6

  • Pistons acquire Tim Hardaway Jr., the Raptors’ 2025 second-round pick, the Heat’s 2028 second-round pick, and either the Clippers’ or Hornets’ 2028 second-round pick (whichever is least favorable).
  • Mavericks acquire Quentin Grimes.

2023/24 League Year

June 28

June 27

  • Suns acquire the draft rights to Oso Ighodaro (No. 40 pick).
  • Knicks acquire the draft rights to Kevin McCullar (No. 56 pick) and the Celtics’ 2028 second-round pick (top-45 protected).

June 27

  • Thunder acquire the draft rights to Ajay Mitchell (No. 38 pick).
  • Knicks acquire the draft rights to Oso Ighodaro (No. 40 pick) and cash ($500K).

June 27

  • Thunder acquire the draft rights to Oso Ighodaro (No. 40 pick).
  • Trail Blazers acquire the draft rights to Quinten Post (No. 52 pick) and cash.

June 27

June 27

June 27

  • Pelicans acquire the draft rights to Antonio Reeves (No. 47 pick).
  • Magic acquire the right to swap their own 2030 second-round pick with the Pelicans’ 2030 second-round pick and the right to swap their own 2031 second-round pick with the Pelicans’ 2031 second-round pick.

June 27

June 27

  • Knicks acquire the draft rights to Tyler Kolek (No. 34 pick).
  • Trail Blazers acquire the Timberwolves’ 2027 second-round pick; either the Pacers’ or Wizards’ 2029 second-round pick (whichever is least favorable); and the Knicks’ 2030 second-round pick.

June 27

  • Thunder acquire the draft rights to Dillon Jones (No. 26 pick).
  • Knicks acquire either the Celtics’ or Grizzlies’ 2025 second-round pick (whichever is more favorable); the Warriors’ 2026 second-round pick; the Timberwolves’ 2027 second-round pick; either the Thunder’s, Rockets’, Heat’s, or Pacers’ 2027 second-round pick (whichever is second-most favorable), and either the Thunder’s, Rockets’, Heat’s, or Pacers’ 2027 second-round pick (whichever is third-most favorable).

June 27

  • Wizards acquire the draft rights to Kyshawn George (No. 24 pick).
  • Knicks acquire the draft rights to Dillon Jones (No. 26 pick) and the No. 51 pick in the 2024 draft.

June 26

  • Nuggets acquire the draft rights to DaRon Holmes (No. 22 pick).
  • Suns acquire the draft rights to Ryan Dunn (No. 28 pick), the No. 56 pick in the 2024 draft, the Nuggets’ 2026 second-round pick, and the Nuggets’ 2031 second-round pick.

June 26

  • Timberwolves acquire the draft rights to Rob Dillingham (No. 8 pick).
  • Spurs acquire the Timberwolves’ 2031 first-round pick and the right to swap their 2030 first-round pick for the Timberwolves’ 2030 first-round pick (top-one protected).

June 26

  • Nets acquire their own 2026 first-round pick and control of their own 2025 first-round pick (negating the Rockets’ right to swap either their own 2025 first-rounder or the Thunder’s 2025 first-rounder for Brooklyn’s pick).
    • Note: The Nets’ 2026 first-round pick was previously traded to the Rockets.
  • Rockets acquire the Suns’ 2027 first-round pick; either the Mavericks’ or the Suns’ 2029 first-round pick (whichever is more favorable); the right to swap either their own 2025 first-round pick or the Thunder’s 2025 first-round pick for the Suns’ 2025 first-round pick; and the right to swap their own 2029 first-round pick for either the Mavericks’ or Suns’ 2029 first-round pick (whichever is least favorable).

June 21

Suns’ Eric Gordon To Opt For Free Agency

Suns veteran wing Eric Gordon will turn down his $3.36MM player option for the 2024/25 season and become an unrestricted free agent, reports Shams Charania of The Athletic (Twitter link).

While a recent report from The Athletic had indicated that Gordon was “50-50” on his player option decision, plugged-in local reporter John Gambadoro of Arizona Sports 98.7 subsequently stated that he didn’t expect the 35-year-old to be back in Phoenix next season. According to Charania, multiple contenders are expected to pursue Gordon.

Gordon is no longer the 20+ PPG scorer that he was earlier in his career, but the 16-year veteran has remained a reliable rotation piece for contending teams in recent years. After accepting a minimum-salary contract to join the Suns last summer, he averaged 11.0 points, 2.0 assists, and 1.8 rebounds in 27.8 minutes per game, with a shooting line of .443/.378/.797.

During his foray into free agency in 2023, Gordon prioritized the ability to play a significant role for a contending team over seeking out the most lucrative offer, since he almost certainly could’ve earned more than the veteran’s minimum from another club. We’ll see if his priorities remain the same this summer.

Gordon is one of four Suns who had a player option decision to make by June 29 and will join Drew Eubanks among those who are opting out. Josh Okogie‘s and Damion Lee‘s decisions have yet to be reported.

Warriors To Acquire Lindy Waters From Thunder For 52nd Pick

The Thunder will send Lindy Waters to the Warriors in exchange for the 52nd pick in today’s draft, sources tell Jake Fischer of Yahoo Sports (Twitter link).

Oklahoma City holds a $2.2MM non-guaranteed team option on Waters that must be exercised before the deal can be completed. Golden State views Waters as a potential rotation player and plans to guarantee his salary, keeping him on the roster, tweets Anthony Slater of The Athletic.

The 26-year-old shooting guard spent the past three years with OKC, mostly on two-way contracts before receiving a standard deal in February. He appeared in 38 games this season, averaging 3.6 points and 1.1 rebounds per game in 7.4 minutes per night.

The Thunder don’t have any other second-round picks, and there’s a belief that they might want to trade up even further, Fischer adds (Twitter link). Oklahoma City traded into the late first round Wednesday night, acquiring the 26th pick from New York to draft Dillon Jones.

OKC could be targeting San Francisco forward/center Jonathan Mogbo in the second round, speculates Rylan Stiles of Inside the Thunder. The team needs to find a replacement for two-way big man Olivier Sarr, who is expected to miss all of next season after suffering an Achilles injury in the G League Finals.

Wolves Trading Wendell Moore Jr. To Pistons In Pick Swap

The Pistons will acquire shooting guard Wendell Moore Jr. and the 37th pick in today’s draft from the Timberwolves, according to Shams Charania of The Athletic (Twitter link). Minnesota will receive the 53rd selection in return.

The trade serves as a slight salary dump for the Wolves, who unload Moore’s $2.5MM contract for next season and will likely fill that roster spot with a minimum-salary player. Minnesota picked up the third-year option on Moore last October.

Moore, 22, was drafted by Dallas with the 26th pick in the 2022 draft and was shipped to Houston and then Minnesota in a pair of draft-day trades. He has seen limited playing time at the NBA level, appearing in 54 total games, including 25 this past season when he averaged just 3.0 minutes per night.

The Pistons will move up 16 spots in the second round, putting them in position to grab a player ranked higher on their board without sacrificing much of their projected cap room. They’re still on track to create over $60MM in room once the new league year begins.

Detroit will have until the end of October to decide whether or not to exercise the $4.57MM option on Moore’s contract for the 2025/26 season. Turning down that option would put him on track for unrestricted free agency next summer, while picking it up would set him up for possible restricted free agency in 2026.

This is the first reported deal on what is expected to be an active day of trading as the NBA draft has expanded to two days for the first time.

Leonard, Haliburton, Embiid Expected To Be Ready For Team USA

Head coach Steve Kerr expects a fully healthy roster when Team USA begins training for the Olympics next week in Las Vegas, according to Joe Vardon of The Athletic. That means Clippers forward Kawhi Leonard, Pacers guard Tyrese Haliburton and Sixers center Joel Embiid, who were all sidelined with injuries late in the season or during the playoffs, are likely to participate.

Right knee inflammation prevented Leonard from playing in the final eight games of the regular season and limited him to two playoff games as L.A. lost to Dallas in the first round. Kerr cautioned that there could still be a late surprise, but staff members have been in frequent contact with Leonard and they expect him to be ready for camp. Sources tell Vardon that there’s no new structural damage to Leonard’s knee, and the inflammation is the result of previous surgeries.

Haliburton suffered a strained left hamstring in Game 2 of the Eastern Conference Finals and wasn’t able to return as Indiana was swept by Boston. He was concerned about his availability for the Olympics when the injury occurred, but Vardon states that the Pacers training staff always believed he would be ready in time.

Embiid missed more than two months after meniscus surgery on his left knee in late January. He was back in time for the playoffs, but appeared to be affected by the knee during the first-round series with New York. He also experienced a mild case of Bell’s palsy, which causes weakness or paralysis in the facial muscles.

Training camp for team USA will open July 6, followed by an exhibition game against Canada four days later in Las Vegas. The team will travel to Abu Dhabi and London for more exhibition contests before heading to Paris.

Bucks star Giannis Antetokounmpo is expected to see limited action when Greece takes on the Bahamas this afternoon, tweets Harris Stavrou of SPORT24. A left calf strain forced Antetokounmpo to miss all of Milwaukee’s first-round series with Indiana. Greece has to advance through an Olympic qualifying tournament next week to earn a spot in the Summer Games.

Bulls Notes: DeRozan, Giddey, Ball, Craig

The Bulls appear to be “open for business” following Wednesday night’s draft and could emerge as the NBA’s biggest wild card when free agency begins this weekend, writes Darnell Mayberry of The Athletic. Reading between the lines of a post-draft press conference held by executive vice president of basketball operations Arturas Karnisovas, Mayberry suggests the organization may be recognizing the need to assemble to a younger and more athletic team.

That could mean parting with free agent DeMar DeRozan, possibly in a sign-and-trade, and taking the best deal they can find for Zach LaVine. Mayberry notes that Karnisovas sidestepped a question Wednesday night about the team’s commitment to keeping DeRozan.

“As I said also before, we’re going to look at everything,” he responded. “Everything is on the table. It’s still an option.”

DeRozan has been Chicago’s best player since joining the team in 2021, and he’s coming off another stellar season, averaging 24 points, 4.3 rebounds and 5.3 assists in 79 games. However, he’ll turn 35 this summer and may not be a wise long-term investment for a team that’s trying to escape mediocrity.

Mayberry also points out that this would be a good time for the Bulls to consider rebuilding because their first-round pick in what’s viewed as a strong draft next year is top-10 protected. If it falls outside that range, it will convey to San Antonio as part of the sign-and-trade deal that brought DeRozan to Chicago.

There’s more on the Bulls:

  • Karnisovas defended the price he paid for Josh Giddey twice during his 17-minute meeting with reporters, Mayberry adds. Many observers were surprised that the Bulls didn’t receive any draft compensation when they acquired the 21-year-old guard from Oklahoma City last week in a one-for-one deal for Alex Caruso, one of the league’s best defensive guards. “Bringing a very talented guard that is an elite play-maker and rebounder with elite size, his game is predicated on making everyone better around him, those guys are hard to find and they’re not available,” Karnisovas said. “We were fortunate to get him. And it comes at a high price, which was A.C.”
  • Karnisovas said Lonzo Ball, who has been sidelined with knee issues since January of 2022, is “moving along” in his recovery, per Kyle Williams of The Chicago Sun-Times. Ball has already picked up his $21.4MM player option for next season, which marks the final year of his contract. “We don’t know what he’s going to look like in a month or two, so we’re just going to take one step at a time, and hopefully he’s going to be ready for training camp,” Karnisovas said.
  • The Bulls haven’t received any indication of whether Torrey Craig plans to exercise his $2.8MM player option for next season, tweets K.C. Johnson of NBC Sports Chicago. The veteran forward has until Saturday to make his decision.

Kristaps Porzingis Will Be Sidelined 5-6 Months Following Surgery

The Celtics have announced that Kristaps Porzingis will be sidelined for five to six months after undergoing surgery for a torn retinaculum and dislocated posterior tibialis tendon in his left leg, tweets Tim Bontemps of ESPN. His projected recovery timeline means he’ll miss at least the first month or two of next season.

Porzingis wasn’t available for most of the Celtics’ playoff run because of a strained right calf he suffered in the first-round series against Miami. He was able to return for the start of the NBA Finals, but was knocked out of action in Game 2 with the new left leg injury that forced him to have surgery. He made a brief return as Boston won the title in Game 5, but he admitted that he probably made his condition worse by playing.

Injuries have plagued Porzingis throughout his career, but he was relatively healthy for most of the regular season, appearing in 57 games and averaging 20.1 points, 7.2 rebounds and 2.0 assists in 29.6 minutes per night. He negotiated a two-year, $60MM extension after being traded to Boston last summer and is under contract through 2025/26.

Porzingis’ early-season absence increases the Celtics’ urgency to keep at least one of their backup centers. The team will want to be careful with Porzingis when he does return, along with veteran big man Al Horford, who recently turned 38.

Boston holds a $2.2MM team option on Neemias Queta, but Luke Kornet and Xavier Tillman are unrestricted free agents.

Brian Robb of MassLive suggests the front office should be aggressive on the free agent market in trying to find another big man willing to accept a veteran’s minimum contract, which is all Boston can offer as a second-apron team. He lists former Celtic Daniel Theis as one possibility, along with Mason Plumlee, Andre Drummond and Drew Eubanks.