NBA Rumors - HoopsRumors.com

Central Notes: Cavs, Gohlke, Bucks, Pistons, DeRozan

June 26th, 2024 at 3:41pm CST by Dana Gauruder

The Cavaliers hold the No. 20 pick in tonight’s draft and currently don’t have another selection. However, they’re actively looking to get involved in Thursday’s second round, according to Cleveland.com’s Chris Fedor in a subscriber-only story. Sources tell Fedor that the Cavs have had numerous talks with each team holding a second-round pick to determine the cost of moving into Thursday’s portion of the draft. Cleveland’s own second-rounder is currently owned by the Pacers.

We have more from the Central Division:

Guard Jack Gohlke recently worked out for the Bucks, Jim Owczarski of the Milwaukee Journal Sentinel tweets. The three-point specialist made a big splash in the NCAA Tournament when Oakland University shocked Kentucky in the opening round.
If the Bucks want to draft a center, it’s probably best to just wait and see who falls to them at No. 23 tonight, Eric Nehm of The Athletic writes. Nehm doesn’t believe that packaging the No. 23 and 33 picks will be enough to make a significant move up the draft board, plus there are a number of center prospects who could be available in the latter stages of the first round.
There’s a “very high” chance the Pistons will trade the No. 5 pick and move into the back half of the lottery, according to James Edwards III of The Athletic. He views the Bulls, Grizzlies, Thunder and Trail Blazers as the most likely candidates to work out a deal for that pick. Cody Williams and Tidjane Salaun could be targeted in the back half of the lottery if Detroit moves down. ESPN’s Jonathan Givony has reported that the Jazz, who have the No. 10 overall pick, might look to move into the No. 5 slot.
If Paul George leaves the Clippers, they might target Bulls free agent wing DeMar DeRozan, K.C. Johnson of NBC Sports Chicago tweets. There reportedly has been little traction in talks between the Bulls and DeRozan, who will be an unrestricted free agent if those negotiations fizzle.

Pacific Notes: Thompson, Kerr, Durant, Dunn, Vezenkov, Clippers, Lakers, Casey, Vaughn

June 26th, 2024 at 2:34pm CST by Dana Gauruder

Warriors coach Steve Kerr doesn’t want to go into next season without Klay Thompson.

Kerr told Tristi Rodriguez on the Jim Rome Show (hat tip to Zach Bachar of Bleacher Report) he doesn’t want to see the Splash Brothers broken up. Thompson is headed to unrestricted free agency unless he signs an extension in the coming days. The Athletic reported this week that negotiations between the two parties are “essentially frozen.”

“I want him back desperately,” Kerr said. “And we will have our conversations and he’s got to make whatever decision he makes, but we really want him back. He’s Klay Thompson.”

We have more from the Pacific Division:

The Rockets swapped future draft picks with the Nets, acquiring numerous Phoenix first-rounders with an eye toward pushing the Suns to trade Kevin Durant or Devin Booker. However, the Suns are intent on “riding” with Booker, Bradley Beal and Durant, according to Duane Rankin of the Arizona Republic (Twitter link).
The Suns might target veteran guard Kris Dunn in free agency, according to ESPN’s Jonathan Givony (subscription required). Phoenix, in the market for point guard depth, is limited to offering veteran’s minimum deals to free agents and rival teams expect them to take a long look at Dunn, who started 32 games for Utah last season.
Sasha Vezenkov would prefer to remain in the NBA, Johnny Askounis of Eurohoops.net relays. There have been conflicting reports on whether the former Euroleague star wants to stay in the NBA, though the Kings wing has a fully guaranteed contract for next season. “Panathinaikos called me sometimes and expressed interest,” Nick Lotsos, Vezenkov’s rep, told the Greek newspaper Fos. “I told them that both Vezenkov and myself want to see if he will continue in the NBA first. If he leaves the NBA, we will give priority to his last European team, Olympiacos, in discussions. If negotiations do not succeed, then we will probably open talks with other teams.”
The Clippers don’t have a first-round pick but they do own the No. 46 overall pick. Law Murray of The Athletic explores which players the Clippers might target in the second round.
Former Raptors and Pistons coach Dwane Casey and former Nets coach Jacque Vaughn are candidates to join J.J. Redick’s staff with the Lakers, according to Marc Stein. The Lakers want to surround Redick with experienced voices.

Northwest Notes: Finch, Towns, Wolves, Jazz, Caruso

June 26th, 2024 at 12:30pm CST by Dana Gauruder

Timberwolves owner Glen Taylor made stability a priority regarding the franchise’s leadership positions while his ongoing dispute with prospective majority owners Marc Lore and Alex Rodriguez plays out, Jon Krawczynski of The Athletic reports. That resulted in head coach Chris Finch signing a four-year extension, though Lore and A-Rod were also in favor of extending Finch.

“They broke open the contract and redid it,” Finch said of the Timberwolves. “That doesn’t often happen and I’m extremely grateful for that.”

We have more from the Northwest Division:

Will the Timberwolves make a blockbuster trade to alleviate some of their luxury tax issues? It doesn’t appear so, according to Zach Lowe of ESPN. Minnesota is looking to retain its most talked-about trade piece, Karl-Anthony Towns, who has been the subject of many rumors in recent years. His four-year max extension kicks in next season.
The Timberwolves hold the 27th and 37th picks in the draft and if history is a guide, they might trade one of those picks or acquire another one. Chris Hine of the Minneapolis Star Tribune notes that head of basketball operations Tim Connelly has made draft-night trades during each of the past two years.
There have been plenty of rumors about the Jazz packaging their No. 29 and 32 picks to move up the draft but could they include their lottery selections at No. 10? Kevin O’Connor of The Ringer hears Utah may be looking to move up in the lottery by consolidating those picks in a trade. The Jazz could be looking for a backcourt partner to pair with point man Keyonte George.
Jazz general manager Justin Zanik acknowledged that adding three rookies after drafting three players in the first round last year might make the roster too young, Andy Larsen of the Salt Lake Tribune writes. “If that’s the case, you want to make sure you have enough veterans on the team. They can’t raise themselves, can’t raise each other,” Zanik said. “That will factor into some of the things we do in free agency or trades.”
Alex Caruso is excited to join a contender that has other rotation players with established defensive credentials, according to Gracie Rawlings of The Oklahoman. “I mean long, athletic, competitive, tough, those are all things that we described as all-defensive caliber players and good defensive teams,” Caruso said of being traded to the Thunder. “They have a lot of that. They have active hands. They are willing to sacrifice for the team. Those are all things that are important, and I am excited to add to that. But I also know that I’m not going to be the main focus every night defensively. I think in Chicago, everyone had me as No. 1 on the radar for the defensive game plan.”

Multiple Suitors Reportedly Willing To Offer Paul George Four-Year Deal

June 26th, 2024 at 11:09am CST by Luke Adams

The Clippers and Paul George appear to still be in a stand-off, with his player option decision just three days away. Appearing on ESPN’s Get Up on Wednesday morning (YouTube link), Brian Windhorst provided an update on where things stand with the star forward, who could pick up his option and push for a trade, opt out to become a free agent, or sign a new deal to remain in Los Angeles.

“I have been told that multiple teams out there are willing to trade for him and offer him the four-year max contract that he’s not currently being offered by the Clippers,” Windhorst said. “That means he’s got a set of options. But the question is, are the Clippers going to play ball with such a deal, or are they going to risk losing him for nothing if he can walk to a team like Philadelphia or Orlando?

“… At the end of the day, what I think he really wants to do is get that four-year max offer from the Clippers. They have not been willing to go there yet, especially after giving Kawhi Leonard just a three-year deal at less than the max. So this is really a bit of a stare-down right now. At the moment, at least it appears the Clippers (are) kind of calling a bluff from Paul George (about whether) he actually wants to leave his hometown.”

While an opt-in-and-trade scenario remains in play for George, one of his potential suitors likely took itself out of the running on Tuesday night, as the Knicks agreed to give up five first-round picks and a first-round swap in a deal for Brooklyn’s Mikal Bridges. New York had frequently been mentioned recently as a team with potential trade interest in George.

The Warriors and Rockets are among the other clubs who have been linked to the 34-year-old, and Windhorst hinted during the most recent Hoop Collective podcast (YouTube link) that Golden State could have a geographical edge.

“I’m not so sure Paul George really wanted to leave the West Coast,” Windhorst said in explaining why the Knicks are acquiring Bridges instead of pushing for George. “I think that was something that Philadelphia kind of ran into when they kicked the tires there.”

A report last week indicated that the Sixers‘ interest in pursuing George has “waned.” While there has been some push-back on that report in the days since then, Windhort stated on the Hoop Collective podcast that he thinks Philadelphia has “moved past the idea” of landing George, though he cautions that it’s not “dead” yet.

In the event that George opts in for 2024/25 and is traded to a new team, he would be able to sign a three-year extension worth up to a projected $171MM without having to wait six months, since the extend-and-trade rules will become more lenient beginning in July.

Taking into account his $48.8MM player option, that would put George in line to earn nearly $220MM over the next four seasons, which is more than the maximum four-year contract he could get if he signs with a cap-room team like the Sixers or Magic as a free agent this summer (such a deal would be worth a projected $212.2MM). Those $171MM and $220MM figures are based on the assumption that the salary cap will increase by the maximum allowable 10% in 2025.

Typically, the Clippers would have the option of going all the way up to five years for George, since they hold his Bird rights, but he can’t get a contract longer than four years this offseason due to the over-38 rule.

Rockets Rumors: No. 3 Pick, Smart, Williams, Sheppard

June 26th, 2024 at 10:18am CST by Luke Adams

The Rockets continue to field inquiries on the No. 3 overall pick in Wednesday’s draft and are seriously considering the possibility of making a move, according to Kelly Iko of The Athletic, who says there are multiple teams with genuine interest in acquiring that pick and some possible trade structures already in place.

That doesn’t mean Houston won’t still ultimately decide to stand pat and make a pick at No. 3, but Iko considers the odds of a Rockets trade higher than they were in any of the previous three lotteries.

While Houston would love to use that No. 3 pick as part of a package to acquire an impact player, there’s no indication that any real progress has been made on a deal along the lines. The expectation, team and league sources tell Iko, is that the Rockets will instead instead prioritize future draft assets (preferably unprotected ones) if they decide to move down from No. 3, like they did in last night’s draft-pick swap with Brooklyn.

According to Iko, the Rockets have received offers that include a 2024 first-round pick and a future pick for No. 3, as well as offers that don’t include a ’24 first-rounder at all. Houston may wait until its on the clock at No. 3 tonight to make a decision in the hopes that those offers improve, Iko adds.

Here’s more on the Rockets:

Although team sources have pushed back against a rumor linking the Rockets to Marcus Smart, rival teams still believe Houston would have interest in the Grizzlies guard in a trade-down scenario, says Iko. Smart played for Rockets head coach Ime Udoka in Boston in 2021/22.
The Hornets are among the teams that have expressed interest in the No. 3 pick, Iko writes, adding that a Western Conference executive named Charlotte big man Mark Williams as someone who would likely be of interest to the Rockets.
In a separate story for The Athletic, Iko and Sam Vecenie break down the Rockets’ draft options at No. 3, with Vecenie explaining why he believes Kentucky’s Reed Sheppard would be a perfect fit in Houston alongside the club’s existing core.
Jonathan Feigen of The Houston Chronicle (subscription required) also takes a closer look at Houston’s options if the team keeps its current pick, evaluating both Donovan Clingan‘s potential fit and the possibility that Zaccharie Risacher could slip to No. 3.

Nets Notes: Johnson, Finney-Smith, Sharpe, Claxton, Bridges

June 26th, 2024 at 9:04am CST by Luke Adams

Mikal Bridges was the first player the Nets agreed to trade this offseason, but he seems unlikely to be the last. According to Michael Scotto of HoopsHype, Cameron Johnson, Dorian Finney-Smith, Dennis Schröder, Ben Simmons, Day’Ron Sharpe, and newcomer Bojan Bogdanovic are among the potential trade candidates to keep an eye on Brooklyn going forward.

Johnson, in particular, could appeal to teams in the market for shooting help, Scotto notes. The former Sun has made 39.2% of his career-three point attempts and is under contract for three more seasons on a deal that declines to $22.5MM in 2024/25 and to $20.5MM in ’25/26 before returning to $22.5MM in ’26/27.

Here’s more on the Nets:

The package Brooklyn is receiving for Bridges doesn’t include any 2024 draft picks, but the Nets still believe they’ll be able to move into the 20s on Wednesday night if there’s a specific player they like in the range, according to Scotto, who points to Finney-Smith as a player who may be dangled in that scenario.
Sharpe has drawn trade interest from teams around the league beyond just the Grizzlies. Executives who spoke to Scotto believe Brooklyn could demand multiple second-round picks in exchange for the young big man, who is entering the final year of his rookie scale contract.
The Nets’ desire to re-sign free agent center Nic Claxton doesn’t appear to have diminished, according to Scotto, who hears from sources that the team wants to hang onto the big man going forward. The Pelicans – who were among the teams pursuing Bridges, sources tell HoopsHype – have “several admirers” of Claxton in their front office and are one of the clubs curious to see if he might become available via sign-and-trade, Scotto adds.
While there were conflicting reports on Tuesday about whether Bridges explicitly requested a trade to the Knicks, Brian Lewis of The New York Post hears that the forward at least “quietly angled” to get to Brooklyn’s cross-town rivals. The deal – along with the Nets’ trade to regain control of their 2025 and 2026 first-round picks – has “turbocharged” the organization’s rebuild, Lewis writes.

Draft Rumors: Knicks, Sixers, Dillingham, Heat, Jazz, Lakers, More

June 26th, 2024 at 8:17am CST by Luke Adams

After surrendering several future first-round picks in their trade agreement for Mikal Bridges, the Knicks are now considered more likely to keep their three picks – No. 24, No. 25, and No. 38 – in this year’s draft, which begins on Wednesday night, Jonathan Givony writes in ESPN’s latest mock draft (Insider link).

The updated mock draft from Givony and ESPN’s Jeremy Woo includes several more notable tidbits, including the fact that the Sixers have conducted perhaps the fewest pre-draft workouts of any team with a first-round pick, resulting in speculation that the No. 16 selection will be traded.

Givony also provides an update on Kentucky’s Rob Dillingham, who wasn’t able to work out for teams for most of the pre-draft process due to an ankle injury. According to Givony, teams picking both earlier and later in the first round are trying to figure out where they might need to get to in order to land Dillingham, who has been considered a candidate to fall further than initially anticipated.

The Heat at No. 15 would be one option for Dillingham, as rival teams expect them to select a guard at that spot. Jared McCain, Isaiah Collier, and Carlton Carrington have also been mentioned as candidates for Miami at No. 15, Givony writes.

Here’s more on the 2024 NBA draft, which gets underway in less than 11 hours:

According to Givony, the Jazz (No. 10) have looked into some trade-up scenarios involving the Pistons‘ No. 5 overall pick. Their likely target would be UConn’s Stephon Castle, who is considered a possibility for the Hornets at No. 6 but may also come off the board at No. 4 to the Spurs, Givony explains.
Some rival executives think the Lakers will attempt to move up from No. 17 in the draft in order to target a specific player, according to Dan Woike of The Los Angeles Times, who says Providence’s Devin Carter and Baylor’s Ja’Kobe Walter are two prospects the team likes.
Within his final look at the Spurs‘ draft options at No. 4 and 8, LJ Ellis of SpursTalk says a rumor that San Antonio has made a promise to French forward Tidjane Salaun has been “spreading like wildfire in the draft world,” though he hasn’t been able to confirm it himself. Ellis lists Salaun at No. 5 on his big board of Spurs draft prospects.
Salaun is also a potential target to watch for the Trail Blazers at No. 7, according to Sean Highkin of The Rose Garden Report (Substack link), who identifies Donovan Clingan, Cody Williams, Dalton Knecht, and Salaun as the prospects he believes Portland is most interested in. At No. 14, Highkin views Kyshawn George, Tristan Da Silva, Kel’el Ware, and Zach Edey as the Blazers’ most likely targets.

Fischer’s Latest: Draft Rumors, Marshall, Young, Kings, Topic, Knicks, Lowry

June 26th, 2024 at 7:10am CST by Luke Adams

As several of this year’s green room invitees gathered on Tuesday to speak to the media, there was a sense of uncertainty about how Wednesday’s draft will play out, according to Jake Fischer of Yahoo Sports, who says that many prospects don’t have a real sense of where they’ll be picked.

According to Fischer, the Spurs conducted a meeting with Donovan Clingan over Zoom this past weekend and have been linked to the UConn center more in recent days than they were earlier in the pre-draft process. However, many people around the league believe that’s a smokescreen to entice a team like the Trail Blazers or Grizzlies to trade up to No. 4 to draft him.

If the Grizzlies end up trading down from No. 9, the Heat (No. 15) are viewed as a team that may have interest in moving up, Fischer writes, adding that the Cavaliers at No. 20 have also received a number of calls from teams drafting near the end of the first round with interest in trading up.

The Thunder, who hold the No. 12 pick, have more than enough ammunition in future picks to move up from there if they want to, but if they stand pat, Pittsburgh’s Carlton Carrington is viewed as one possibility for that pick, Fischer reports. Meanwhile, Indiana big man Kel’el Ware has been repeatedly mentioned by league personnel as a candidate to be drafted at No. 19 by the Raptors, Fischer says.

As for the Bucks at No. 23, with rumors circulating that they could move Brook Lopez this offseason, rival teams believe they may be targeting a possible center of the future at that spot. Sources tell Yahoo Sports that Dayton’s DaRon Holmes is one player Milwaukee tried to bring in for a workout, but he declined that invitation. However, Fischer confirms – as Michael Scotto of HoopsHype previously reported – that Holmes, who has also been linked to the Kings, doesn’t have a promise from the Nuggets.

Here’s more from Fischer:

If the Mavericks are unable to re-sign Derrick Jones and have a hole to fill on the wing, they’re expected to show interest in Pelicans free agent Naji Marshall, sources tell Fischer, who adds that the Pistons are another potential suitor to watch for Marshall.
The Lakers, Pelicans, and Spurs are among the possible destinations that would appeal to Trae Young if the Hawks decide to move him, Fischer says.
While the Kings continue to explore the market for a potential deal involving the No. 13 pick and one or both of Harrison Barnes and Kevin Huerter, they don’t appear to have gained any momentum toward a deal for either Hawks guard (Young or Dejounte Murray), Pelicans forward Brandon Ingram, or any other player of that caliber, Fischer writes.
The Magic hired Milenko Topic – Nikola Topic‘s father and a former coach in Serbia and Hungary – to a front office role this past season, per Fischer. That’s a key reason why people around the league believe Orlando at No. 18 is the floor for Nikola in Wednesday’s draft, though he may not make it that far.
After agreeing to acquire Mikal Bridges from Brooklyn, the Knicks might not be done adding former Villanova Wildcats. In a separate Yahoo Sports story on the Bridges deal, Fischer cites sources who say veteran point guard Kyle Lowry has been mentioned as a possible free agent target for New York.

Nets, Rockets Officially Complete Swap Of Draft Assets

June 26th, 2024 at 3:49am CST by Luke Adams

The Nets and Rockets have officially announced their trade involving a series of future draft assets, with each team issuing a press release to confirm the move. We previously covered the deal within our story on the Mikal Bridges trade between the Nets and Knicks, but here are the full terms of the Brookyn/Houston swap:

Nets acquire:

Control of their own 2025 first-round pick (negating the Rockets’ right to swap either its own 2025 first-rounder or the Thunder’s 2025 first-rounder for Brooklyn’s pick).
Their own 2026 first-round pick.

Rockets acquire:

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.
The Suns’ 2027 first-round pick.
Either the Mavericks’ or the Suns’ 2029 first-round pick (whichever is more favorable).
The right to swap their own 2029 first-round pick with either the Mavericks’ or the Suns’ 2029 first-round pick (whichever is least favorable).
- Note: Houston now essentially controls the two most favorable of the Mavericks’, Suns’, and Rockets’ 2029 first-rounders, with the Nets retaining control of the least favorable of the three.

The Nets’ motivation for the deal seems clear — their decision to trade Bridges signals that they’re prepared to take a step back in the short term rather than pushing toward contention. Having control of their own first-round picks for 2025 and 2026 will aid their rebuilding process, reducing the need to accelerate that process.

As cap expert Yossi Gozlan notes (via Twitter), Brooklyn will be in position to create more than $60MM in cap room in 2025, so the team will have no shortage of cap flexibility going forward in addition to being flush with future draft assets.

As for the Rockets, a report back in early May suggested they had interest in talking to the Nets about returning some of Brooklyn’s draft assets in exchange for some of those future Suns picks. Houston is pushing its collection of draft assets down the road a little and making a bet against Phoenix’s sustainability as a contender for the next several years.

As Adrian Wojnarowski of ESPN (Twitter links) has reported, the Rockets believe acquiring those future Suns assets puts them in a good position to pursue a star like Kevin Durant or Devin Booker in the event that they submit trade requests, or in the event that Phoenix eventually decides to break up its roster.

As the Nets showed with this deal, if a team pivots to a rebuild, it’s crucial for that team to control its own first-round draft picks — the Rockets now essentially own the Suns’ picks in 2025, 2027, and 2029 and could offer those assets back to Phoenix in any major trade between the two teams.

Still, for the time being at least, the Suns have no interest in considering a trade involving Durant or Booker, according to John Gambadoro of Arizona Sports 98.7, who responded to Wojnarowski’s report about Houston’s interest in acquiring Durant by tweeting that there’s “zero chance” that happens. Woj followed up on his initial report by clarifying (via Twitter) that the Rockets won’t necessary wait for a Suns star to become available and will also shop those picks to other teams in an effort to upgrade their roster.

Knicks To Acquire Mikal Bridges From Nets For Bogdanovic, Multiple First-Rounders

June 25th, 2024 at 10:47pm CST by Dana Gauruder

The Nets have agreed in principle to trade forward Mikal Bridges to the Knicks for Bojan Bogdanovic, four unprotected first-round picks, a protected first-round pick via the Bucks, an unprotected pick swap, and a second-rounder, ESPN’s Adrian Wojnarowski reports.

It’s a stunning development for both New York clubs, who haven’t made a trade with one another since 1983, as Fred Katz of The Athletic tweets.

The Knicks’ draft capital heading to Brooklyn will be their 2025, 2027, 2029 and 2031 first-rounders. The pick that the Bucks owed the Knicks was their 2025 first-rounder (top-four protected). The unprotected pick swap will come in 2028, while the second-rounder will be in 2025 (Brooklyn’s own). The Knicks will receive a 2026 second-round pick along with Bridges, according to Wojnarowski (Twitter link).

It’s a huge haul for the Nets, who acquired Bridges from the Suns in the 2023 Kevin Durant blockbuster. Bridges appeared in all 82 games this past season, averaging 19.6 points, 4.5 rebounds and 3.6 assists per contest.

Bridges made a trade request to be dealt to the Knicks, Ian Begley of SNY TV tweets. The forward is entering the third season of a four-year, $90MM contract and wanted to rejoin former Villanova teammates Jalen Brunson, Donte DiVincenzo and Josh Hart. He was prepared to tell any other teams looking to trade for him that he’d eventually sign with the Knicks as a free agent, Begley adds (via Twitter).

The Grizzlies and Jazz were among the other suitors who were prepared to offer “significant draft packages” for Bridges, sources tell Wojnarowski. The Rockets also had interest in Bridges, according to Jake Fischer of Yahoo Sports, who disputes Begley’s claim that the 27-year-old requested a trade but confirms he was interested in joining the Knicks.

Bridges will take some of the scoring load off of Brunson and Julius Randle while providing New York head coach Tom Thibodeau with another versatile piece on defense. The former Sun and Net will be eligible to sign a two-year extension as of October 1, or a longer deal next offseason.

Bridges is due to make $23.3MM next season. Bodganovic, who has a $19MM expiring contract for next season, looks more like a salary-matching piece than a player Brooklyn is specifically targeting, so he may not be a Net for long.

While only $2MM of Bogdanovic’s salary for 2024/25 is currently guaranteed, that partial guarantee will have to be increased to at least $14.2MM to make this trade work. That means he could end up be dealt again, as his larger partial guarantee makes him less likely to be waived, cap expert Yossi Gozlan notes (Twitter link). Bogdanovic is projected to return in October from the foot and wrist surgeries he required this spring, sources tell Fischer.

The Knicks will apparently still look to re-sign OG Anunoby, who has decided to opt out of his contract and become an unrestricted free agent, Wojnarowski tweets. However, New York is preparing to lose Isaiah Hartenstein in free agency, according to Begley (Twitter link). Hartenstein is expected to be a top target for several teams in free agency, and the Knicks — who only hold his Early Bird rights — can offer a max of four years and approximately $72.5MM.

Assuming the trade is completed as reported, without additional players added, the Knicks will be hard-capped at the first tax apron (projected to come in around $178.7MM) for the 2024/25 league year, since they’ll be taking back more salary than they send out. That will put a limit on New York’s spending power to fill out the roster, though the team should still have enough wiggle room to make a strong offer to Anunoby.

The Nets, meanwhile, are in position to create a new traded player exception worth $21.7MM if they take Bogdanovic into their previously created $20MM+ exception, Gozlan observes (via Twitter). If they go that route, they’d be hard-capped at the first apron in ’24/25 as well, since they’d be using a trade exception created prior to this offseason.

The Nets have also worked out a separate deal with the Rockets involving draft picks, according to Wojnarowski.

In that agreed-to trade with Houston, Nets are trading a 2025 Suns pick swap, a 2027 Suns first-rounder, and a first-rounder and swap in 2029 in exchange for their own 2025 pick swap and 2026 first-rounder from the James Harden trade, The Athletic’s Shams Charania tweets.

The Rockets’ motivation is to use the draft capital to help acquire an impact player. While the Rockets are intrigued about pursuing a Kevin Durant deal, Phoenix is inclined to run it back with its core group. Thus, the Rockets are now determined to use the Suns picks to be aggressive on deals elsewhere, Wojnarowski tweets.

Luke Adams contributed to this post.