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Pistons Re-Sign Simone Fontecchio To Two-Year Deal

July 12th, 2024 at 7:17pm CST by Luke Adams

JULY 12: The Pistons have officially re-signed Fontecchio, according to the NBA’s transaction log.

JULY 6: The Pistons and free agent wing Simone Fontecchio are in agreement on a two-year, $16MM contract, reports ESPN’s Adrian Wojnarowski (Twitter link).

Fontecchio, 28, played professionally in Europe from 2012-22 before signing with the Jazz two summers ago. He spent a season-and-a-half in Utah, then was traded to Detroit at this year’s trade deadline.

In 66 total games (43 starts) for the Jazz and Pistons in 2023/24, the Italian wing averaged 10.5 points, 3.7 rebounds, and 1.5 assists in 24.9 minutes per game, with a strong shooting line of .460/.401/.818.

Because he only has two years of NBA experience under his belt, Fontecchio was eligible for restricted free agency, and the Pistons issued him a $5.2MM qualifying offer to ensure that he wouldn’t be able to sign with another team without Detroit getting a chance to match.

It didn’t come to that, however, as the Pistons and Fontecchio have worked out a new deal directly, less than a week after the free agent period officially opened.

Fontecchio will provide additional shooting on a team that is prioritizing spacing the floor around rising star guard Cade Cunningham. Detroit has also agreed to sign Malik Beasley and Tobias Harris while acquiring Tim Hardaway Jr. in a trade with Dallas.

Fontecchio’s new deal won’t affect the Pistons’ cap room, since his $5.2MM cap hold has already been accounted for in the team’s cap projections. Detroit will be able to go over the cap to officially re-sign him using his Early Bird rights.

Scotto’s Latest: Jones, Kennard, Martin, Okogie, Knicks, Shamet, Klintman

July 12th, 2024 at 6:31pm CST by Tristan Tucker

The Clippers are showing interest in free agent guard Tyus Jones in sign-and-trade scenarios, Michael Scotto of HoopsHype reports in his latest around-the-league notebook.

While this is just speculation on Scotto’s part, the Clippers could look to use some combination of the expiring contracts of P.J. Tucker and Russell Westbrook or draft compensation and Bones Hyland in sign-and-trade scenarios for the Wizards guard.

Jones, our No. 15-ranked free agent, averaged 12.0 points and 7.3 assists per game last season while shooting 48.9% from the field and 41.4% from beyond the arc.

We have more from Scotto:

The leaguewide expectation is that Luke Kennard will return to the Grizzlies after the organization declined his team option before free agency, Scotto writes. Kennard averaged 11.0 PPG on 45.0% shooting from deep last season.
As we noted earlier Friday, it’s likely the Sixers look to use newly signed KJ Martin‘s contract as a trade chip when he becomes eligible to be moved on Jan. 15. The Sixers could trade for a player making $14MM if they packaged Martin alongside three minimum-salary players in a trade.
The Suns gave Josh Okogie a similar deal to what Martin got and could also look to utilize his salary as a trade chip, Scotto reports. However, unlike Martin, Okogie’s deal can’t be aggregated with other players on Phoenix’s roster due to the team’s position relative to the second tax apron.
The Knicks are trying to add both size and shooting to their roster this offseason, Scotto writes. Davis Bertans has previously been mentioned as an option for the Knicks, and they’re also expressing interest in free agent guard Landry Shamet. As reported, New York has shown interest in Walker Kessler but Utah’s asking price remains high. Meanwhile, Precious Achiuwa remains open to a return to New York.
Outside of the Knicks, Scotto reports that Shamet has drawn “exploratory interest” from the Bucks, Heat and Timberwolves. A return to the Wizards isn’t out of the question either.
The Pistons are attempting to finalize a contract with their No. 37 overall pick Bobi Klintman. Klintman is expected to end up on the 15-man roster on a multiyear contract, according to Scotto. The Pistons were intrigued by his size and shooting ability and are hoping to have him on a standard deal.

Dario Saric Signs With Nuggets

July 12th, 2024 at 6:11pm CST by Arthur Hill

July 12: Saric’s deal with the Nuggets is now official, the team announced in a press release (Twitter link).

July 6: The Nuggets will add veteran power forward/center Dario Saric on a two-year, $10.6MM deal, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Saric will have a player option on the second season of the contract, Wojnarowski adds.

Denver will use its $5.2MM taxpayer mid-level exception and will become hard capped at the $188.9MM second apron, according to cap expert Yossi Gozlan (Twitter link). The Nuggets are currently $12.6MM below the apron with 12 players under contract. They will be limited to minimum signings to fill out the roster.

Jake Fischer of Yahoo Sports revealed last week that Denver had ongoing interest in signing Saric. He reportedly also had an opportunity to join Panathinaikos in Greece if he didn’t receive an NBA offer to his liking.

Saric earned $2.7MM last season with the Warriors on a one-year, veteran’s minimum contract. He appeared in 64 games, making nine starts, and averaged 8.0 points, 4.4 rebounds and 2.3 assists in 17.2 minutes per night.

He’ll likely fill a similar role with the Nuggets, who have been looking to add some experience to their roster after suffering significant free agent losses since winning the 2023 championship. His signing may also clear the way for a trade of forward/center Zeke Nnaji, who is reportedly being made available. Nnaji saw limited playing time last season, and his four-year, $32MM contract extension will begin with the 2024/25 season.

Saric, 30, was selected with the 12th pick in the 2014 draft. Before coming to Golden State, he spent time with Philadelphia, Minnesota, Phoenix and Oklahoma City.

Jalen Brunson Signs Four-Year Extension With Knicks

July 12th, 2024 at 4:55pm CST by Tristan Tucker

4:55pm: Brunson’s extension with the Knicks is now official, according to a team press release (Twitter link).

“Jalen signing his extension to remain with the Knicks for the long-term shows the dedication and passion he has for the organization, the fans and this city,” Knicks president Leon Rose said in a statement. “Jalen has often called the Knicks his family and we are beyond proud to have him wear and represent our orange and blue for years to come. Jalen has embraced every challenge since he’s come to New York and has been committed since day one to the vision and plan we set forth for the future of this team.

“Since Jalen joined us two years ago, he has consistently led by example and continues to show a willingness to sacrifice for this organization, his teammates and everyone in the Knicks family.”

4:10pm: Knicks star guard Jalen Brunson has agreed to a four-year, $156.5MM contract extension, Adrian Wojnarowski of ESPN reports (Twitter link).

As Wojnarowski observes, the deal is a massive financial concession for a contender, since Brunson could have been eligible for a five-year, $269MM deal next offseason. By signing an extension now, Brunson is allowing the Knicks to maintain some spending power to retain a contending core — highlighted by Brunson, Julius Randle, OG Anunoby, Mikal Bridges, Josh Hart and more — for at least the next few seasons.

Because Brunson can’t receive more than a 40% raise on his 2024/25 salary of $24,960,001 in the first year of an extension, his new deal will start at $34,944,001 in ’25/26, replacing the player option on his current contract.

It’s an unprecedented move for the All-Star guard who finished fifth in MVP voting last season. The deal does cost Brunson $37.1MM over the next three years, but there’s a way for the Villanova product to recoup the value he’s sacrificing in the short term down the line. Brunson’s deal includes a fourth-year player option. He could sign a four-year, $323MM extension in 2028 or a new, five-year, $418MM deal in 2029.

The Knicks signaled their belief in this being a championship core when they traded multiple first-round picks to acquire Bridges earlier this summer. Bridges is only under contract for two more seasons at a modest AAV of $24.1MM over those two seasons. With Brunson taking this short-term paycut, the Knicks have more flexibility to re-up Bridges for the long term. Bridges is eligible for a four-year, $156MM deal next offseason — if he were to sign that deal, it would represent another below-market rate to help keep this Knicks team together.

This move by Brunson also allows New York to duck the second apron in the first year of the extension, thereby allowing them to dodge the restrictive penalties that would have followed.

According to Fred Katz of The Athletic, Brunson will receive a 50% advance on his salary at the start of each season of the extension (Twitter link).

A solid rotation player in Dallas during the first four years of his career, Brunson has become a star over the past two seasons with New York, averaging 26.5 points and 6.5 assists while shooting 48.4% from the field and 37.3% from beyond the arc during that time. Those two seasons have been among the most successful in recent Knicks history. The team’s .610 win percentage last season has only been topped once since 2000 (in 2012/13).

Eastern Notes: Bickerstaff, Allen, Travers, Bey, Sixers

July 12th, 2024 at 4:04pm CST by Rory Maher

It didn’t take long for J.B. Bickerstaff to find a new job after being fired by Cleveland, having been hired by the Pistons as their new head coach. At his introductory press conference on Wednesday, Bickerstaff discussed why he found Detroit’s vacancy appealing, per James L. Edwards III of The Athletic.

“It was my conversations with (president of basketball operations) Trajan (Langdon), to begin with,” Bickerstaff said. “I had a great feeling that this organization was heading in the right direction and was being led by the right people. For me, going through some of the things that I’ve gone through in the past, the people that you work with … being of a shared vision and willingness to commit to one another and partner with one another, I thought this group, as a whole, had a great vision. (team owner) Tom (Gores) has given every resource to go out and execute that vision.

“Then, obviously, you study the team. I took a deep dive as soon as I could. Obviously, I have experience of playing against them four times a year for so many years, but I knew the players well. I believed in their ability and talent. There is a steps process that we have to take, and we’re really aware of that and Trajan and I are united in that. It just doesn’t happen for everyone overnight.”

Bickerstaff pointed to his success with Cleveland as proof that he can turn the Pistons around, writes Larry Lage of The Associated Press. Detroit finished with the worst record in the NBA last season. Langdon said he was looking for a veteran coach to lead a young team, as Lage relays.

“You want somebody who can come in here and hit the ground running, and who’s done this before,” Langdon said. “Especially with a young team coming off a difficult season, positivity was important. We felt experience was important. The players needed to feel like the person coming in here knew what he was talking about.”

Here’s more from the Eastern Conference:

The Cavaliers have been receiving trade inquiries on former All-Star center Jarrett Allen, but they continue to rebuff those overtures, ESPN’s Brian Windhorst said on his Hoop Collective podcast (YouTube link). Allen, who averaged 16.5 PPG, 10.5 RPG, 2.7 APG and 1.1 BPG in 77 games last season (31.7 MPG), will earn $40MM over the next two seasons.
Australian wing Luke Travers, a second-round pick (No. 56) by the Cavaliers in 2022, is dealing with a sore hamstring that sidelined him for the team’s Summer League opener in Las Vegas on Friday, tweets Chris Fedor of Cleveland.com. Travers has expressed a strong desire to come stateside in 2024/25, though it’s unclear if he’ll be able to earn a roster spot.
New Wizards forward Saddiq Bey will earn $6,440,678 in 2024/25, $6,118,644 in ’25/26, and $6,440,678 again in ’26/27, a source tells cap expert Yossi Gozlan (Twitter link). Bey will likely miss most — if not all — of his first season with Washington after tearing his ACL in March. The 25-year-old’s new three-year deal also includes $1MM in incentives.
Mike Sielski of The Philadelphia Inquirer argues that free agent signee Caleb Martin will bring a much-need infusion of “Heat Culture” to the Sixers, pointing to the 28-year-old’s success with Miami as evidence. According to Sielski, the 76ers have had plenty of talent in recent years, but the team has often lacked an identity, which Martin should help fortify with his willingness to make winning energy plays.
Former NBA forward Demetris Nichols has joined the Sixers as a player development coach, per Mike Waters of Syracuse.com (subscriber link). The No. 53 pick of the 2007 draft, Nichols appeared in 18 NBA games with Cleveland, Chicago and New York before spending several years overseas. The 39-year-old was an assistant with Wake Forest last season, Waters notes.

Southeast Notes: Hornets, Fields, Murray, Hawks, Magic

July 12th, 2024 at 1:28pm CST by Rory Maher

Australian swingman Josh Green told Roderick Boone of The Charlotte Observer that he was asleep when his agents phoned him around 3:00 am to inform him he was being traded to the Hornets.

The 23-year-old, who is on the Australian national team that will compete in the Paris Olympics, was sent to Charlotte from Dallas in the six-team mega-deal that saw Klay Thompson land with the Mavs. He says he’s “super excited” for a fresh start.

“It’s such a young team and they play at a fast pace,” Green said, “and I think I’m able to thrive in transition, being able to pick up the ball and play defense and just continue to grow my game. I’m still a young guy and it gets fun to be around older guys in Dallas and learn from them, and take that to Charlotte and just come in with a winning mindset, and, yeah, be ready to go.”

Here’s more from the Southeast:

Boone also recently spoke to the Hornets‘ 2024 draft picks, Tidjane Salaun (No. 6 overall) and KJ Simpson (No. 42). French forward Salaun, who doesn’t turn 19 until next month, says he didn’t watch the NBA growing up as he didn’t think he’d make it to the league. He says being a lottery pick is a surreal experience. “Yeah, it’s weird. Yes.” Salaun told Boone. “For sure because before I became a professional I was in (France) with my teammates, some guys we go to school every day without crowds. And now I have some fans … just all of this is crazy. Just to have a practice facility … I have a practice facility that’s different than the arena. Everything, everything. The weight room. They have many things to be the best possible and in shape.” Simpson, meanwhile is nursing a hamstring strain that will sideline him for all of Las Vegas Summer League, but he’s still actively involved on the sidelines, encouraging teammates and analyzing film. The 6’0″ guard, who is on a two-way contract, says he wants to hone his decision-making and defensive skills, according to Boone.
Hawks GM Landry Fields says it was a tough choice to trade Dejounte Murray, but ultimately it was a necessary one, per Lauren L. Williams of The Atlanta Journal-Constitution. “It was a hard decision,” Fields said. “It was challenging. We knew that where we ultimately want to be was gonna require some challenging decisions. Just not being at that point, currently, where we felt like we can continue on with what we have. So wanted to reshape some things and this is an unfortunate part of the of the business. Dejounte is a fantastic player. … But we’re also very excited about the guys that we got back, got a few assets with it, too, which are going to be helpful for us to continue to build, so I wish him nothing but the best. He and his family have been great with us.” Fields also acknowledged Atlanta is facing a “roster crunch” after acquiring four players for one in the deal. The Hawks have 15 players on guaranteed standard contracts now that Vit Krejci‘s four-year deal is official, plus Bruno Fernando on a non-guaranteed contract with a early guarantee date of August 1.
In a subscriber-only story for The Orlando Sentinel, Jason Beede lists five things to watch for the Magic heading into Las Vegas Summer League, including second-year guard Anthony Black‘s growth as a leader. As Beede writes, Orlando’s Summer League squad features recent first-rounders in Black, Jett Howard, and Tristan Da Silva, plus a handful of former NBA veterans trying to make it back in the league (such as Jarrett Culver and Theo Maledon).

Hawks Sign Vit Krejci To Four-Year Contract

July 12th, 2024 at 1:16pm CST by Rory Maher

July 12: Krejci’s four-year deal is official, the Hawks announced in a press release.

July 10: The Hawks are re-signing Vit Krejci on a four-year, $10MM contract, agents Alex Saratsis and Phillip Parun tell Adrian Wojnarowski of ESPN (Twitter link).

Atlanta issued Krejci a qualifying offer last month, making him a restricted free agent. The 24-year-old, who hails from Czechia, was the 37th overall pick of the 2020 draft.

There was speculation late last season that Atlanta might promote Krejci from his two-way contract to a standard deal in order to make him eligible for the postseason. That did not occur, but Lauren L. Williams of The Atlanta Journal-Constitution reported at the time that the Hawks hoped to re-sign Krejci on a four-year deal, which is now about to come to fruition.

A 6’8″ combo guard, Krejci spent his first post-draft season rehabbing a torn ACL. He signed a multiyear contract with the Thunder prior to the 2021/22 season, playing 30 games for the club as a rookie.

Oklahoma City traded Krejci to Atlanta in a September 2022 move that was mostly about finances for the Hawks. He appeared in 29 games for Atlanta in ’22/23, averaging a modest 5.3 MPG.

The Hawks waived Krejci last August when he was on a non-guaranteed deal and the team was facing a roster crunch. He later signed an Exhibit 10 training camp deal with Minnesota, but was cut before the ’23/24 season began.

Krejci returned to the Hawks on a two-way contract in December. In part due to injuries, he became a rotation regular down the stretch last season, averaging 6.1 points, 2.4 rebounds and 2.3 assists on .490/.412/.833 shooting in 22 games, including 14 starts (24.6 minutes per contest).

Based on the reported terms, Krejci almost certainly received a minimum-salary contract. Since he has three years of NBA experience, Kreji’s four-year deal will technically pay him $10,185,213, though we’ll have to wait and see how much of it is guaranteed.

Olympic Notes: Kawhi, Durant, Coulibaly, Germany

July 12th, 2024 at 11:59am CST by Luke Adams

The decision to remove Kawhi Leonard from the roster for the U.S. Olympic team was made by USA Basketball, managing director Grant Hill told reporters this week (story via Tim Bontemps of ESPN). Reports on Wednesday suggested that Leonard’s camp had expressed concerns to Team USA about the forward’s knee, but Hill took responsibility for the move to replace Leonard with Derrick White.

“We just felt that we had to pivot, and not to get into the particulars, in terms of what went into the decision, but we just felt it was in our best interest, but also in the Clippers’ and Kawhi’s best interest, to move into a different direction,” Hill said. “We tried. I think we all tried and we gave it a valiant effort, and unfortunately, we have to move forward.”

Asked directly if Team USA made that call, Hill replied, “We did. Ultimately he was sent home, but we were in conversation with the Clippers on that.”

Another one of Team USA’s forwards – Kevin Durant – is dealing with an injury of his own, but Hill expressed optimism that KD’s calf strain won’t keep him sidelined for much longer. It’s unclear if Durant will actually play in either of the team’s exhibition games in Abu Dhabi, per Marc J. Spears of Andscape (Twitter link). However, it sounds like he’ll return to practice soon.

“Durant will be on the plane, unless you know something,” Hill said. “He has been working, rehabbing, he’s looked great. I think we’re just being cautious and conservative. I think we expect to see him on the court when we’re in Abu Dhabi.”

Here’s more on Team USA and the upcoming Olympics:

Team USA looked just fine without Leonard and Durant on Wednesday in an exhibition game against Team Canada. While the U.S. struggled offensively, the team played excellent defense against a strong Canadian roster led by Shai Gilgeous-Alexander and Jamal Murray and won by a comfortable 86-72 margin. A panel of ESPN experts shares their takeaways from that game, while Bontemps passes along post-game quotes from head coach Steve Kerr and a handful of U.S. players about their performance.
Speaking to Bontemps (YouTube link), Durant pushed back on the idea that he, LeBron James, and Stephen Curry are viewing the 2024 Olympics as a “last hurrah” or “farewell tour” playing for Team USA. “These guys are still playing at an elite level,” Durant said. “I feel like ‘Bron could play four or five more (seasons), he might be here in 2028 in L.A. Steph’s still playing great ball. I’m doing alright too. So I don’t want to look at it that way. I think we’ve still got some good ball in the tank.”
Still just 19 years old, Wizards forward Bilal Coulibaly will get the opportunity this summer to represent the French national team at the Olympics in his home country. He tells Sapna Bansil of The Washington Post that he views it as a “once-in-a-lifetime moment” and that he’s enjoying being able to reunite with former Metropolitans 92 teammate Victor Wembanyama. “I forgot how easy it was to play with him,” Coulibaly said. “… Even with the friendly games, he’s been doing his thing, I’ve been doing my thing. We just complement each other very well.”
Coming off a gold medal at the 2023 World Cup, Germany has finalized its roster for the Paris Olympics, formally announcing the 12-man group in a press release. As expected, NBA veterans Dennis Schröder, Franz Wagner, Moritz Wagner, and Daniel Theis are among the headliners.

Rockets Guarantee Jeff Green’s Salary For 2024/25

July 12th, 2024 at 10:20am CST by Luke Adams

The Rockets have guaranteed Jeff Green‘s salary for the 2024/25 season, confirms Michael Scotto of HoopsHype (Twitter link). Houston exercised Green’s team option at the June 29 deadline, but his salary didn’t become fully guaranteed for another couple weeks.

As our list of early salary guarantee dates shows, Houston would have had to waive Green on or before July 11 in order to avoid being on the hook for his $8MM base salary in 2024/25. There were reports leading up to free agency indicating that the Rockets had no plans to cut the veteran forward, so it comes as no surprise that the two sides didn’t agree to push back that guarantee date.

Green will turn 38 years old next month and will be entering his 18th NBA season this fall. He continued to play a regular rotation role for the Rockets last season, though his 16.8 minutes per game represented a new career low. He averaged 6.5 points, 2.3 rebounds, and 0.9 assists in 78 appearances (six starts), posting a shooting line of .456/.331/.819.

Green’s contract also includes $1.6MM in annual incentives, but he didn’t earn those bonuses last season, so they’re considered unlikely in 2024/25 and have been removed from his cap hit, lowering that figure from $9.6MM to $8MM. Green would have to appear in at least 55 games and average 19 or more minutes per contest in order to earn that extra $1.6MM.

Green is one of a handful of players on Houston’s roster who could become a trade chip for salary-matching purposes if the team looks to make a major move before or during the season. Green ($8MM), Jock Landale ($8MM), and Jae’Sean Tate ($7.57MM) are all on contracts that don’t include any guaranteed money beyond ’24/25.

Northwest Notes: Murray, Nuggets, Trent, Joe, Sharpe, Markkanen

July 12th, 2024 at 9:58am CST by Luke Adams

Shams Charania reported back on June 27 that the Nuggets and Jamal Murray were “working toward” a four-year, maximum-salary contract extension, with the team expected to make the offer and the star guard expected to accept it. Over two weeks later, there’s still no deal in place.

A report earlier this week indicated that the Nuggets and Murray will likely wait until after the Olympics to finalize an agreement, and the 27-year-old Canadian essentially confirmed as much when asked this week by Troy Renck of The Denver Post about his contract situation.

“When we get there, we get there,” Murray said after the Canadian team lost an exhibition game to Team USA in Las Vegas on Wednesday. “I’m playing games right now for Canada, so that’s not on my mind.”

A maximum-salary extension for Murray, who is entering the final year of his current deal, would be worth a projected $207.85MM over four seasons.

Here’s more from around the Northwest:

Gary Trent Jr. isn’t a viable target for the Nuggets in free agency, according to Harrison Wind of DNVR Sports (Twitter link), who hears that the 25-year-old swingman isn’t interested in accepting a minimum-salary contract and that there may not be much interest on Denver’s side anyway.
Isaiah Joe‘s new four-year, $48MM contract with the Thunder includes a fourth-year team option and has a descending salary structure, tweets Michael Scotto of HoopsHype. Joe’s cap hit in 2024/25 will be $12,991,650 before dipping to $12,362,338 in ’25/26, with third- and fourth-year salaries of $11,323,006.
Although he attended Team Canada’s pre-Olympic training camp this summer, Trail Blazers guard Shaedon Sharpe wasn’t in the mix for a spot on the 2024 Paris roster. But Sharpe, who has been medically cleared following his core muscle surgery in February, is in Canada’s future plans, head coach Jordi Fernandez tells Sean Highkin of Rose Garden Report (Substack link). “We value him as an important player in the future, being a big part of this program,” Fernandez said. “We don’t only care about this tournament. We care about AmeriCup and the World Cup and L.A. in 2028. We want Shaedon to be a part of that.”
Andy Larsen of The Salt Lake Tribune takes a closer look at the Lauri Markkanen situation in Utah, exploring why the Jazz might be motivated to move the star forward and what they could reasonably expect to get in return.