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Timberwolves Acquire No. 8 Pick Rob Dillingham From Spurs

June 26th, 2024 at 11:17pm CST by Luke Adams

11:17pm: The deal is official, the Spurs announced in a press release.

8:04pm: The Spurs used the No. 8 pick in tonight’s draft on Kentucky guard Rob Dillingham, but he won’t begin his NBA career in San Antonio, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that the Timberwolves are acquiring Dillingham’s rights from the Spurs.

According to Wojnarowski (via Twitter), San Antonio is receiving Minnesota’s unprotected 2031 first-round pick and a 2030 pick swap in the deal. The ’30 swap will be top-one protected, tweets Shams Charania of The Athletic.

Neither of the Wolves’ 2024 picks (No. 27 and No. 37) are involved in the trade, confirms Jake Fischer of Yahoo Sports (Twitter link).

Minnesota’s ability to make roster moves this offseason will be extremely limited due to the fact that team salary will be above the second tax apron. That means the Wolves won’t be able to aggregate players in trades, take back more salary than they send out in trades, or sign outside free agents to contracts worth more than the minimum.

However, the second apron doesn’t prohibit them from acquiring a player’s draft rights, which don’t count as incoming salary for trade purposes as long as the player has not yet signed his rookie contract. That means they’ll be able to trade for Dillingham without sending out any players.

In his first and only college season with the Wildcats, Dillingham averaged 15.2 points, 3.9 assists, and 2.9 rebounds in 23.3 minutes per game, posting an impressive shooting line of .475/.444/.796

Despite the Wolves’ ongoing ownership dispute, it appears management has been given the go-ahead to keep adding pieces. The addition of Dillingham, who projects to earn about $6.28MM as a rookie, will increase the club’s projected tax bill to approximately $100MM, according to cap expert Yossi Gozlan (Twitter link). Bobby Marks of ESPN (Twitter link) estimates Minnesota’s projected tax bill at $84MM, but that number is fluid depending on how the club fills out its roster.

As for the Spurs, after adding Stephon Castle with the No. 4 pick, they clearly weren’t in love with any of the prospects available to them at No. 8, opting instead to continue adding to their stockpile of future draft picks by acquiring a pair of assets far down the road with little to no protection.

Clearing the $6.28MM cap hold for the No. 8 pick from their books will put the Spurs in position to create additional cap room this summer.

Nuggets Acquire No. 22 Pick DaRon Holmes

June 26th, 2024 at 11:05pm CST by Alex Kirschenbaum

11:05pm: The trade is official, the Suns announced in a press release, confirming the terms outlined below. Phoenix used the No. 28 pick to select Virginia’s Ryan Dunn.

Speaking on Wednesday night to reporters, Nuggets general manager Calvin Booth said the team views Holmes as a four (rather than a five) going forward, adding that the team didn’t necessarily make a promise to draft him but certainly targeted him (Twitter links via Vinny Benedetto of The Denver Gazette and Bennett Durando of The Denver Post).

“Once we got into the 20s and there was a chance to get him, we wanted to go get our guy, essentially,” Booth said.

The Knicks (initially at 24 and 25) and the Timberwolves (at 27) were considered teams that might be eyeing Holmes, compelling Denver to move up, according to Harrison Wind of DNVR Sports and Durando (Twitter links).

9:28pm: The Nuggets and Suns have agreed to a trade that will allow Denver to move up from No. 28 to No. 22 to select Dayton forward DaRon Holmes, reports Shams Charania of The Athletic (Twitter links).

According to Charania, in addition to the 28th pick, Phoenix is receiving the No. 56 pick in this draft and two future second-round picks from Denver. Those future second-rounders are the Nuggets’ own picks in 2026 and 2031, per Jake Fischer of Yahoo Sports (Twitter link).

The 6’10” forward was a three-time All-A10 honoree and a consensus All-American selection during his tenure with Dayton. During his final collegiate season in 2023/24, he averaged 20.4 points on .544/.386/.713 shooting splits, plus 8.5 rebounds, 2.6 assists, 2.1 blocks and 0.9 steals per night.

Last week, ESPN’s Jonathan Givony indicated that teams had been operating as if Denver had promised to select Holmes in the draft. Some recent reports denied that any promise had been made, but it certainly appears now that the 2023 champions had their eye on Holmes.

With the deal, the Suns are able to replenish their war chest of second-round picks after having traded so many away in deals over the last few seasons. As Bobby Marks of ESPN notes (via Twitter), Phoenix has increased its tally of future second-round selections from just two to five, including the No. 56 pick this year.

The Nuggets, weighed down by a pricey starting five, are clearly looking to add win-now young role player talent to their bench. Last season, they lost sixth man extraordinaire Bruce Brown in free agency. This year, the team is at risk of losing starting shooting guard Kentavious Caldwell-Pope, who has a $15.4MM player option for the 2024/25 season and could likely fetch a raise in free agency.

Luke Adams contributed to this report.

Trade Rumors: Kings, Wizards, THJ, Grizzlies, Rockets

June 26th, 2024 at 10:07pm CST by Luke Adams

In the minutes and hours leading up to their No. 13 pick in tonight’s draft, the Kings were engaged in trade talks involving that selection, according to Jason Anderson of The Sacramento Bee (Twitter link).

Sacramento ultimately used that pick to select Providence guard Devin Carter and it doesn’t appear that there are any plans to trade him, but it seems safe to assume the Kings will remain on the lookout for help on the wing. Anderson says Wizards forward Kyle Kuzma and Nets sharpshooter Cameron Johnson were among the names he heard linked to the Kings, while Jake Fischer of Yahoo Sports (Twitter link) notes that Sacramento expressed interest in another Net, Dorian Finney-Smith, prior to February’s trade deadline.

Here are a few more draft-day trade rumors:

The Wizards have emerged as another “viable” trade partner for the Mavericks with Tim Hardaway Jr., according to Marc Stein (Twitter link), who previously identified Detroit as a possible landing spot for Hardaway. Unlike the Pistons, Washington doesn’t project to have cap room this offseason, so Dallas would likely have to take back some salary in a deal with the Wizards. As Stein points out, the two teams have already made one trade this year, with Washington sending Daniel Gafford to the Mavs in February.
Before drafting Ron Holland at No. 5, Detroit talked to the Grizzlies about a trade back to No. 9, but Memphis didn’t present anything “substantial” to convince the Pistons to make a deal, reports James L. Edwards III of The Athletic. The Grizzlies, who were believed to be eyeing Donovan Clingan, also spoke to the Hornets about the No. 6 pick, according to Fischer (Twitter link). Clingan ultimately went to Portland at No. 7, with Memphis opting for another center, Zach Edey, at No. 9.
Despite rumors that the Rockets want to turn around and immediately trade the draft assets they got from Brooklyn for a star – possibly Kevin Durant – Jonathan Feigen of The Houston Chronicle believes the team will take a longer-term outlook. As Feigen writes in a subscriber-only story, if Houston were prioritizing making a deal in the short term, the Nets picks they gave up would’ve been valuable assets. By kicking those picks down the road, the Rockets created a longer runway to explore the trade market and pursue possible deals.

Jimmy Butler To Stay With Heat, Won’t Sign Offseason Extension

June 26th, 2024 at 8:46pm CST by Alex Kirschenbaum

Star Heat swingman Jimmy Butler is set to remain with Miami for the 2024/25 season, according to Shams Charania of The Athletic.

The six-time All-Star and five-time All-NBA honoree, who has a player option for 2025/26, will not complete a contract extension with the Heat or agitate for a trade prior to the 2025 offseason, sources inform Charania, who says Butler “has an affinity” for Miami and wants to remain with the organization.

While Miami could still unilaterally decide to trade Butler, there’s no indication they want to do so, Charania adds, especially since he’s reportedly unwilling to sign an extension with any team, which would limit his value on the trade market.

There had been speculation this spring that Butler may seek a change of scenery due to the fact that he was reportedly seeking a two-year, maximum-salary extension and Heat president Pat Riley publicly expressed reluctance to put that deal on the table for the 34-year-old, who has battled injuries in recent years.

ESPN’s Brian Windhorst (YouTube video link) stated earlier today during an appearance on The Pat McAfee Show that Butler had informed rival clubs of his preference to stick with the Heat, even without a new deal in place.

“Even if there’s no extension, he’s going to focus on next season. He’s got a player option in the summer of 2025 next year that he can use,” Windhorst reported on The Pat McAfee Show. “I think Jimmy Butler wants to be in Miami. There’s teams that have definitely said ‘Hey, are you looking to get out?’ And I think he said, ‘I’m solid in Miami.’ I think that’s been communicated with the Heat. We’ll see what happens next summer.”

The 6’7″ swingman submitted another impressive season when he was available. Across 60 healthy contests, Butler averaged 20.8 points (on .499/.414/.858 shooting), 5.3 rebounds, and 5.0 assists per game for the 46-36 Heat in 2023/24. However, he was unavailable for the team’s first-round series loss to Boston due to an MCL sprain.

Since joining Miami in a sign-and-trade during the summer of 2019, the Marquette alum has led the team to two Finals appearances, plus three Eastern Conference Finals berths.

According to Ira Winderman of The South Florida Sun Sentinel (Twitter link), Butler and the Heat could revisit extension talks at some point in the 2024/25 season.

Hoops Rumors Draft Chat Transcript: 6/26/2024

June 26th, 2024 at 8:41pm CST by Arthur Hill

Hoops Rumors hosted interactive chat for the first round of the 2024 draft. Click here to read the transcript.

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Hoops Rumors Chats

Rockets Draft Reed Sheppard With No. 3 Pick

June 26th, 2024 at 7:24pm CST by Luke Adams

Kentucky’s Reed Sheppard is the first college player to come off the board in the 2024 NBA draft, heading to the Rockets with the third overall pick.

Sheppard wasn’t even a starter in his lone college season at Kentucky, but he averaged 28.9 minutes per game as the Wildcats’ sixth man and impressed NBA evaluators with his shooting, play-making, and good hands on defense.

In 33 games, Sheppard averaged 12.5 points, 4.5 assists, 4.1 rebounds, and 2.5 steals per contest while making 53.6% of his field goals, including 52.1% of his three-point tries. He also shot 83.1% from the free throw line.

There had been rumors in the days and weeks leading up to the draft that Houston was very open to trading the third overall pick, either in a package for an impact player or as part of a deal that would provide them with additional future draft assets.

But no trade materialized with the Rockets on the clock, and Sheppard has been the player long viewed as their likely target if they were to keep the pick. According to Jake Fischer of Yahoo Sports (Twitter link), they intend to hang onto Sheppard, who will add shooting to a talented young Houston core headed by Alperen Sengun, Jalen Green, Amen Thompson, and Jabari Smith.

Wizards Use No. 2 Pick On Alexandre Sarr

June 26th, 2024 at 7:19pm CST by Alex Kirschenbaum

The Wizards have selected power forward/center Alexandre Sarr with the No. 2 pick in the 2024 draft.

In a rarity for the draft, top-two picks Sarr and newly-drafted Hawks small forward Zaccharie Risacher are both Frenchmen.

Sarr’s athleticism and dominant defensive presence make him one of the top prospects in this year’s class. The seven-footer played this season with the Perth Wildcats of Australia’s National Basketball League. He averaged 9.4 points, 4.3 rebounds and 1.5 blocks per game.

Sarr has drawn comparisons with Memphis center Jaren Jackson Jr. for his defensive instincts and rim protection. He may be a bit small to thrive as an NBA center right away, so it’s possible he’ll see more time at power forward early in his career. If Sarr can improve his outside shooting, he has the physical skills to develop into an All-Star big man.

In 2023/24, the Wizards posted a 15-67 record, their worst in history. The team has enjoyed an active offseason already, having agreed to acquire the No. 14 pick in this draft’s lottery, a 2029 first, two second rounders and the contract of Malcolm Brogdon, from the Trail Blazers in exchange for swingman Deni Avdija.

Sarr is the younger brother of Thunder reserve center Olivier Sarr.

Arthur Hill contributed to this post.

Hawks Select Zaccharie Risacher With No. 1 Pick

June 26th, 2024 at 7:12pm CST by Luke Adams

The Hawks have made Zaccharie Risacher the No. 1 pick in the 2024 NBA draft.

Atlanta unexpectedly moved up from No. 10 to No. 1 at the draft lottery last month, despite having just a 3% chance to get that first overall pick. While there was no consensus number one prospect in this year’s class like Victor Wembanyama a year ago, the jump to the top of the draft gave the Hawks the opportunity to take their pick of this year’s draft-eligible prospects.

According to Adrian Wojnarowski of ESPN (Twitter video link), the Hawks ultimately narrowed their choices to Risacher and Kentucky guard Reed Sheppard before selecting Risacher.

A 19-year-old French forward who was born in Spain, Risacher began his professional career with ASVEL Basket in France in 2021. He spent the past season on loan to another French team, JL Bourg, where he showed promise as a shooter, ball-handler, and versatile defender.

The 6’9″ forward averaged 13.1 points, 3.6 rebounds, and 1.1 assists in 24.0 minutes per game across 17 EuroCup appearances in 2023/24, with a .566/.561/.659 shooting line. In 32 contests in France’s LNB Elite, he averaged 10.1 PPG, 3.8 RPG, and 0.9 APG on .439/.352/.740 shooting.

This pick is just the beginning of what promises to be an eventful offseason in Atlanta. The Hawks are widely expected to trade one of their two star guards – Trae Young or Dejounte Murray – and may make additional changes to their rotation, with Clint Capela among the other Atlanta veterans mentioned as a trade candidate.

Draft Rumors: Hornets, Salaun, Nets, Celtics, Spurs

June 26th, 2024 at 6:39pm CST by Arthur Hill

The Hornets are considering Tidjane Salaun with the No. 6 pick, sources tell Krysten Peek of Yahoo Sports (Twitter link). The French power forward has been rising up draft boards recently.

Salaun had to cancel workouts with Charlotte and Detroit after spraining his ankle during a recent session in San Antonio, according to Jonathan Givony of ESPN. He did work out for the Trail Blazers, who hold the seventh pick, and the Spurs are believed to have interest at No. 8, so there’s a good chance he’ll be selected somewhere in the middle of the lottery. Oklahoma City (No. 12) and Sacramento (No. 13) also hosted workouts with Salaun.

Here are a few more rumors as the draft draws closer:

The Nets are “open for business” after reaching an agreement to trade Mikal Bridges to New York, tweets Jake Fischer of Yahoo Sports. Cameron Johnson and Dorian Finney-Smith are among the players believed to be available as Brooklyn tries to move into the first round.
The Celtics are shopping the final pick in the first round in hopes of acquiring some extra selections later on, a source tells Brian Robb of MassLive. Robb notes that Boston sent out two second-round picks to acquire Xavier Tillman from Memphis and another in the Jaden Springer deal with Philadelphia, so the team is short on second-rounders. A source tells Robb the Celtics are planning offseason extensions with Derrick White and Sam Hauser, so it will be important to fill out the roster as inexpensively as possible.
The Spurs will be looking for shooters with at least one of their lottery picks, general manager Brian Wright told Jeff McDonald of The San Antonio Express-News. The team ranked 28th in three-point shooting percentage this season. “We broke the (franchise) record for (total) three-pointers, but then percentage-wise we’re towards the bottom end of the league, right?” Wright said. “So I think you obviously want to add shooting.” McDonald views Kentucky guard Reed Sheppard as a possible shooting upgrade with the fourth pick if he slips past Houston at No. 3, while Tennessee forward Dalton Knecht is in the mix at No. 8.

Mat Ishbia Says Suns Are Keeping Kevin Durant

June 26th, 2024 at 5:00pm CST by Arthur Hill

Suns owner Mat Ishbia sent out a Twitter message this afternoon to try to quash rumors about a Kevin Durant trade. Speculation regarding a potential deal has increased since the Rockets reached an agreement with Brooklyn to acquire three future Phoenix first-round picks.

“NBA Draft night is the best,” Ishbia wrote. “Everyone talking about the drama and storylines, some are right and some are just wrong. My turn. Phoenix loves Kevin Durant and Kevin Durant loves Phoenix, and we are competing for a championship this year because we have the team to do it. Gotta love draft night! Go Suns.”

Ishbia provided confirmation to a report this morning that there’s “zero chance” Durant will be traded. While Ishbia didn’t mention Devin Booker, another possible Rockets target, it’s believed that Phoenix isn’t looking to move any of its current core players.

Durant has two years left on his contract at $51.2MM and $54.7MM, so there’s no urgency for the Suns to trade him and no indication that he’s unhappy with his current situation. Phoenix was the destination Durant chose when he submitted his second trade request to Brooklyn two years ago. He was also Ishbia’s first major acquisition after purchasing the team, so it’s understandable that the owner would be reluctant to part with him already.

At 36, Durant might be an awkward fit with Houston’s roster, which is still mostly young. Booker, 28, fits the timeline better, but he’s under contract through the 2027/28 season.