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Knicks To Trade No. 38 Pick To Thunder

June 27th, 2024 at 3:57pm CST by Rory Maher

The Knicks are trading the No. 38 pick in the 2024 draft to the Thunder, reports ESPN’s Adrian Wojnarowski (via Twitter). Oklahoma City will be sending New York the No. 40 pick and cash, according to Shams Charania of The Athletic, who reports that the Thunder will select UC Santa Barbara guard Ajay Mitchell (Twitter links).

A native of Belgium, Mitchell had an impressive junior season for the Gauchos in 2023/24, averaging 20.0 points, 4.0 rebounds, 4.0 assists and 1.2 steals on .504/.393/.858 shooting in 29 games (31.5 minutes per contest).

According to Jake Fischer of Yahoo Sports, the Thunder previously agreed to acquire the No. 40 pick from the Trail Blazers in exchange for the No. 52 pick. OKC intially secured the 52nd pick in the deal that sent Lindy Waters to Golden State (Twitter links).

Portland will receive cash from Oklahoma City for moving down from No. 52 to No. 40.

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And-Ones: France, Japan, FAs, Klutch, West, Wright

June 27th, 2024 at 3:10pm CST by Rory Maher

Ahead of the 2024 Olympics in Paris, host nation France has announced that two players from its preliminary 19-man roster have been cut (Twitter link): former NBA guard Killian Hayes, who is currently an unrestricted free agent, and Thunder forward Ousmane Dieng.

Neither Hayes nor Dieng have ever suited up for the senior national team, according to Eurohoops, but they did represent their home country at the youth level. The French national team will need to trim its roster down to 12 players from the current 17 before the Olympics begin at the end of July.

Japan recently announced its own 16-man preliminary roster ahead of the Olympics, per Eurohoops. Lakers forward Rui Hachimura headlines the group, which also features Yuta Watanabe. France, Japan, Germany and the winner of the Olympic qualifying tournament in Latvia will comprise Group C of the 12-team tournament.

Here’s more from around the basketball world:

  • John Hollinger of The Athletic ranks the top free agent small forwards and power forwards, respectively. Hollinger’s BORD$ formula rates LeBron James as the top overall free agent regardless of position, with Paul George the top small forward. Free agents can begin negotiating with other teams on June 30.
  • Klutch Sports Group and Rich Paul have been sued in federal court by longtime NBA agent Mark Termini, writes Mark Vorkunov of The Athletic. Termini, a former associate of Klutch, is suing for $4.9MM plus interest for an alleged breach of contract. Termini claims Klutch began paying him less than he was owed as the “lead negotiator” on several contracts from 2018-20. “This lawsuit is inaccurate and misguided,” a Klutch spokesperson said. “And will be addressed in the proper forum.”
  • Virginia prosecutors have dropped a pair of criminal charges — felony drug possession and violation of pretrial conditions — against former NBA guard Delonte West, reports Baxter Holmes of ESPN. The 40-year-old is still facing two other charges (resisting arrest and obstruction of justice) stemming from his arrest earlier this month, according to Holmes, who adds that West is due in court on July 11.
  • The Knicks will soon have four former Villanova Wildcats on their roster, but former Nova coach Jay Wright has no intention of becoming a coach with New York or any other NBA team, he told Zach Braziller of The New York Post.
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Jamal Murray Expected To Agree To Four-Year Max Extension

June 27th, 2024 at 2:54pm CST by Dana Gauruder

The Nuggets and point guard Jamal Murray are making progress toward a four-year, $208.45MM maximum contract extension this offseason, Shams Charania of The Athletic reports (Twitter link). The Nuggets will present the offer to Murray and both sides expect an agreement.

Murray is entering the final season of a five-year, $182.8MM contract. He’s due to make $36MM in 2024/25

Under the terms of the extension, Murray would make approximately $46.53MM in 2025/26, $50.25MM in 2026/27, $53.97MM in 2027/28 and $57.7MM in 2028/29, according to cap expert Yossi Gozlan. He could’ve added a fifth year worth $61.4MM if he re-signed as a free agent in 2025, according to Gozlan, but Murray has apparently chosen to lock into the long-term security now (Twitter link).

These salary estimates are based on a $141MM cap in 2024/25, then a 10% increase in 2025/26.

Murray won a championship with the Nuggets in 2023 and is generally considered the best active player never to be selected as an All-Star. During the title run, Murray averaged 26.1 points, 5.7 rebounds and 7.1 assists in 20 games.

Injuries limited him to 59 regular-season games this past season, when he averaged 21.2 points, 4.1 rebounds and a career-best 6.5 assists. In Denver’s 12 postseason games, he averaged 20.6 points, 4.3 rebounds and 5.6 assists.

He’s a career 45.2% shooter, including 38% from beyond the 3-point line. A 2016 lottery pick, Murray is still just 27 years old.

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Kentavious Caldwell-Pope To Decline Option, Become Free Agent

June 27th, 2024 at 2:53pm CST by Luke Adams

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.

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

June 27th, 2024 at 2:41pm CST by Dana Gauruder

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.”
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Knicks Notes: Dadiet, Hartenstein, McBride, Brunson

June 27th, 2024 at 2:11pm CST by Rory Maher

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.
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2024 NBA Offseason Trades

June 27th, 2024 at 2:09pm CST by Luke Adams

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

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Suns’ Eric Gordon To Opt For Free Agency

June 27th, 2024 at 1:41pm CST by Luke Adams

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.

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Warriors To Acquire Lindy Waters From Thunder For 52nd Pick

June 27th, 2024 at 1:05pm CST by Arthur Hill

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.

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Wolves Trading Wendell Moore Jr. To Pistons In Pick Swap

June 27th, 2024 at 12:20pm CST by Arthur Hill

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.

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