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Contract Details: Omoruyi, Wilson, Freeman-Liberty, Bolden

March 5th, 2024 at 8:53am CST by Luke Adams

Eugene Omoruyi‘s new two-year standard contract with the Wizards will pay him $900K for the rest of this season, Hoops Rumors has learned. Washington dipped into its mid-level exception in order to give Omoruyi that $900K, since using the minimum salary exception would have resulted in a rest-of-season salary worth approximately $522K.

Omoryui’s 2024/25 salary is worth the minimum and is non-guaranteed for the time being. If he remains under contract until the start of the ’24/25 regular season in the fall, he’ll earn a partial guarantee of $1MM. He’d receive his full guarantee for next season if he’s not cut on or before January 7, 2025.

Here are a few more details on recently signed contracts from around the NBA:

  • Jalen Wilson‘s three-year contract with the Nets is worth approximately $4.96MM in total, with a $850K rest-of-season salary for 2023/24 and minimum salaries for the following two years. Brooklyn used its mid-level exception to give him a contract that covers three seasons and a starting salary well above the prorated rookie minimum. Wilson is also assured of a $75K partial guarantee next season, which will increase to $325K if he makes the opening-night roster.
  • The standard contract that Javon Freeman-Liberty received from the Raptors is a two-year, minimum-salary deal that includes a $100K partial guarantee for next season and multiple trigger dates for his 2024/25 salary. Freeman-Liberty’s partial guarantee would increase to $150K if he’s not waived by July 23 and to $800K if he’s still under contract at the start of the ’24/25 regular season.
  • Marques Bolden‘s two-way contract with the Hornets is a two-year agreement, so it will cover next season in addition to the rest of 2023/24.
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Hornets Hire Jeff Peterson As New Head Of Basketball Operations

March 5th, 2024 at 8:36am CST by Arthur Hill

MARCH 5: The Hornets have officially announced in a press release that Peterson has been hired as the club’s executive vice president of basketball operations. The team confirmed that he’ll be the primary basketball decision-maker in addition to leading the front office’s day-to-day operations.

“We’re excited to have Jeff join the Charlotte Hornets as the new leader of our basketball operations,” co-owners Schnall and Gabe Plotkin said in a statement. “He shares our vision, our values and our goal of becoming the premier franchise in the NBA.

“Jeff is a rising star in our league who is known for his player evaluation, his communication skills and his ability to develop strong relationships. His experience of having worked with multiple organizations and different general managers will be a great benefit to us. We look forward to working with Jeff as we continue to build our team and we want to welcome him to Charlotte.”

FEBRUARY 29: Nets executive Jeff Peterson will become the Hornets‘ new head of basketball operations, according to Adrian Wojnarowski of ESPN.

The report is confirmed by Rod Boone of The Charlotte Observer (Twitter link), who states that rumors regarding Peterson potentially coming to Charlotte began last summer.

Peterson, 35, worked under Hornets co-owner Rick Schnall in Atlanta early in his career, Wojnarowski notes. Schnall was a minority owner with the Hawks when Peterson started as an intern and worked his way up to assistant general manager within f0ur years.

Peterson also established a strong relationship with Charlotte coach Steve Clifford, who served as a coaching consultant for Brooklyn during the 2021/22 season, Wojnarowski adds.

Sources tell Wojnarowski that the Hornets talked to roughly a dozen candidates before deciding on Peterson. He has been with the Nets since 2019, which is when he became an assistant GM under Sean Marks.

Bobby Marks of ESPN (Twitter link) points out that the Hornets already have some assets in place for their rebuilding project as Peterson takes over. LaMelo Ball and Brandon Miller appear to be long-term foundational pieces, and Charlotte will have a high lottery pick in this year’s draft, along with Houston’s second-round selection, which is likely to fall in the top 40.

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Shake Milton Signs With Knicks

March 5th, 2024 at 8:28am CST by Arthur Hill

MARCH 5: The Knicks have officially signed Milton, the team announced today in a press release.

MARCH 2: Shake Milton plans to join the Knicks after clearing waivers, according to Adrian Wojnarowski of ESPN (Twitter link).

Multiple contenders were reportedly interested in the 27-year-old shooting guard, who reached a buyout agreement with the Pistons on Friday night, allowing him to appear in the playoffs with another team.

New York will be the third team of the season for Milton, who signed with Minnesota last summer and was shipped to Detroit at the trade deadline. He appeared in just four games for the Pistons and didn’t appear to be in the team’s long-range plans with a non-guaranteed $5MM contract for next season.

The Knicks contacted the Wolves about Milton prior to the deadline, tweets Ian Begley of SNY.

Averaging 4.9 points, 1.6 rebounds and 1.3 assists in 42 combined games this season, Milton will provide another wing scoring threat for New York, which is dealing with injuries throughout its roster. He will compete for playing time with two other former Pistons, Bojan Bogdanovic and Alec Burks, who were both acquired in a trade with Detroit last month.

Milton should clear waivers Monday, tweets Steve Popper of Newsday. The Knicks have two roster spots available, with a third opening over night when DaQuan Jeffries‘ 10-day contract expires, so they can add Milton without a corresponding move.

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NBA’s Two-Way Signing Deadline Has Now Passed

March 5th, 2024 at 7:12am CST by Luke Adams

The deadline for NBA teams to sign players to two-way contracts was Monday, March 4. Since that deadline has now passed, no two-way deals can be signed between now and the end of the 2023/24 league year. Clubs will be permitted to begin signing two-way contracts for the ’24/25 season on July 1.

Under the NBA’s previous Collective Bargaining Agreement, two-way signings weren’t permitted after January 15. Teams took advantage of the extended window to complete two-way deals this season, completing 29 of them between the February 8 trade deadline and Monday’s deadline. During that same period, teams promoted 17 players from two-way contracts to standard deals.

There were only seven teams – the Celtics, Nuggets, Rockets, Clippers, Timberwolves, Magic, and Jazz – that didn’t make any moves involving their two-way players between last month’s trade deadline and the two-way signing deadline. An eighth team – the Knicks – made a pair of two-way transactions but ended up with the same three two-way players under contract.

As our tracker shows, all 90 two-way slots around the NBA are now filled.

Still, that doesn’t mean the 90 players that are currently on two-way contracts will all finish the season on those deals. There are still a handful of two-way players who could receive standard deals before the regular season ends. The Celtics and Suns, for instance, are two teams who have open spots on their 15-man rosters and legitimate candidates for promotions (Neemias Queta and Saben Lee, respectively).

A team can promote one of its two-way players to its standard roster at any time between now and the end of the season — that team simply wouldn’t be permitted to sign a new player to fill the empty two-way slot.

Here are all the transactions related to two-way players that have been finalized since the trade deadline, sorted by team and listed in the order they were completed:

Atlanta Hawks

Brooklyn Nets

Charlotte Hornets

Chicago Bulls

Cleveland Cavaliers

Dallas Mavericks

Detroit Pistons

Golden State Warriors

Indiana Pacers

Los Angeles Lakers

Memphis Grizzlies

Miami Heat

Milwaukee Bucks

New Orleans Pelicans

New York Knicks

Oklahoma City Thunder

Philadelphia 76ers

Phoenix Suns

Portland Trail Blazers

Sacramento Kings

San Antonio Spurs

Toronto Raptors

Washington Wizards

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Steve Kerr, Erik Spoelstra Named Coaches Of The Month

March 4th, 2024 at 10:32pm CST by Tristan Tucker

Warriors coach Steve Kerr and Heat coach Erik Spoelstra were named the NBA’s Coaches of the Month for the month of February, the league announced (Twitter link).

Kerr led the Warriors to an 11-3 record in February, with victories over the Suns and Lakers highlighting the month. February saw Klay Thompson take on a reserve role and flourish, as well as young players helping guide Golden State back into the playoff picture. Golden State is 32-28 and ninth in the West, 2.5 games behind the Kings for No. 6 in the conference and avoiding the play-in.

The Heat went 8-3 in February behind Spoelstra’s leadership, and they’ve lost just once since the All-Star break. Even with players in and out of the lineup, the Heat have gotten impressive contributions from about everyone in the rotation. Their month featured big wins over the Bucks, Magic and Sixers. Miami defeated the Bucks by 26 points without Jimmy Butler in the lineup on Feb. 13.

The other nominees for Coach of the Month in the West were Oklahoma City’s Mark Daigneault, Minnesota’s Chris Finch, L.A.’s Darvin Ham, Dallas’s Jason Kidd and Denver’s Michael Malone (Twitter link). Meanwhile, in the East, Cleveland’s J.B. Bickerstaff, Boston’s Joe Mazzulla and Orlando’s Jamahl Mosley were nominated.

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Jalen Brunson Avoids Major Injury, Questionable For Tuesday

March 4th, 2024 at 9:07pm CST by Tristan Tucker

Knicks star guard Jalen Brunson is listed as questionable for New York’s Tuesday game against the Hawks after exiting in the first minute on Sunday against the Cavaliers, according to SNY’s Ian Begley (Twitter link). As was expected, it seems Brunson has avoided a major injury.

Brunson departed on Sunday with a left knee injury that looked scarier than it ended up being after colliding with Isaiah Hartenstein while running around a screen. As we wrote earlier on Monday, coach Tom Thibodeau was among those who expressed optimism for Brunson’s ability to play sooner rather than later.

It’s obviously a major sigh of relief for a Knicks team that’s been battling major health issues for the past couple months. After looking impressive and soaring up the standings after acquiring OG Anunoby, the Knicks withstood injuries to the likes of Anunoby and Julius Randle and are now 3-7 in their last 10 games. At fourth in the East at 36-25, they’re closer to the No. 8 seed (2.5 games) than No. 3 (3.5 games).

If Brunson isn’t able to go against the Hawks, his next chance to suit up will be on Friday when the Knicks play the Magic. If he’s unable to play Tuesday, Miles McBride is the most obvious candidate to see an increase in his workload — he didn’t sit for a single second after Brunson went down on Sunday.

Brunson is averaging 27.2 points and 6.6 assists per game while shooting 47.7% from the floor and 40.7% from three in his first career All-Star season.

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Scottie Barnes Undergoes Surgery For Fractured Hand

March 4th, 2024 at 7:30pm CST by Tristan Tucker

Raptors forward Scottie Barnes underwent surgery on the third metacarpal bone in his left hand on Monday, the team announced in a press release. The surgery was performed in Los Angeles and while no timetable was provided in the release, the expectation is he’ll miss the remainder of the regular season, according to TSN’s Josh Lewenberg (Twitter link).

As Lewenberg observes, the average time lost for fractured metacarpal bones is 18 games (Twitter link). It was already expected when he was injured, but with 21 games left in Toronto’s season, there’s no sense in rushing Barnes — a staple for the future of the franchise — back from injury in a year where the Raptors will almost certainly miss the postseason.

Barnes enjoyed his first All-Star appearance in his third season with the Raptors, improving his averages across the board to 19.9 points, 5.9 rebounds, 6.1 assists, 1.3 steals and 1.5 blocks per game as he became the face of the franchise.

He will likely finish the year with 60 games played, which means he’s ineligible for postseason awards, since those require 65 games played as of this season.

Ochai Agbaji, acquired at the deadline, took over the majority of Barnes’ minutes. He drew a start in the team’s Sunday win over the Hornets and recorded 13 points and nine rebounds in over 32 minutes. Toronto will likely use the rest of the season to continue dedicating playing time to their young, end-of-bench pieces to determine who will be part of the long-term core.

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Knicks Sign Jacob Toppin To Two-Way Contract

March 4th, 2024 at 7:00pm CST by Tristan Tucker

The Knicks have signed Jacob Toppin to a two-way contract, according to a release from the team (Twitter link).

Toppin has spent most of the season on a two-way with New York, but was briefly promoted to the 15-man roster on a 10-day deal. Now that that’s expired, he’s back on a two-way contract.

Toppin, 23, has appeared in eight games with New York so far this season, averaging 1.6 points per contest. He’s been more productive in the G League, averaging 18.0 points and 7.8 rebounds in 32 regular season and Showcase Cup appearances with the Westchester Knicks.

The 6’9″ forward went undrafted last year out of Kentucky after averaging 12.4 points and 6.8 rebounds in his final collegiate season. He spent training camp with the Knicks before earning a two-way deal before the season. He went on to appear in the Slam Dunk Contest during All-Star weekend this year.

With Toppin signed, the Knicks have filled all three of their two-way contract spots. He joins Duane Washington Jr. and Charlie Brown Jr. as New York’s two-way players. Once the reported Shake Milton signing is finalized, the Knicks will have 13 players on standard deals and three players on two-way contracts.

Today is the deadline for teams to sign players to two-way deals. New York was the final team left with an open two-way spot and now, all 90 available two-way slots are filled league-wide.

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Suns Sign Ish Wainright To Two-Way Contract

March 4th, 2024 at 6:40pm CST by Rory Maher

6:40pm: The Suns have officially signed Wainright, according to a release from the team (Twitter link via PHNX Sports’ Gerald Bourguet). As we outlined in a separate story, Theo Maledon was waived to open up a two-way slot for Wainright.

3:37pm: The Suns are signing free agent forward Ish Wainright to a two-way contract, reports Shams Charania of The Athletic (via Twitter).

Wainright, 29, played 105 regular season games and 13 playoff contests with Phoenix from 2021-23. However, his non-guaranteed minimum-salary contract was released before the 2023/24 season began due to a roster crunch, and he was claimed off the waiver wire by the Trail Blazers.

Before he was claimed by Portland, a report stated that Phoenix had interest in bringing back Wainright, and several months later, that will come to fruition.

In part due to injuries, Wainright only appeared in seven games for the Blazers. They cut him in January before his contract became fully guaranteed, making him an unrestricted free agent.

Known more for his defense than his offense, Wainright has averaged 3.4 PPG and 1.8 RPG while shooting 33.1% from deep in 112 career regular season games over the past three seasons (11.8 MPG).

As Gerald Bourguet of PHNX Sports observes (Twitter link), the Suns currently have three players — the maximum allowed — on two-way contracts, but a report last week indicated Saben Lee was a strong candidate to be converted to a standard deal. If Lee is promoted to Phoenix’s open standard roster spot, the team wouldn’t need to release anyone to add Wainright, as he would just fill Lee’s vacated spot.

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Russell Westbrook Undergoes Surgery On Fractured Hand

March 4th, 2024 at 6:31pm CST by Tristan Tucker

Clippers guard Russell Westbrook underwent surgery on his fractured left hand on Monday, according to ESPN’s Adrian Wojnarowski (Twitter link). The hope is that Westbrook will be able to return before the playoffs, Wojnarowski adds.

Westbrook suffered his broken right hand on Friday in a game against Washington. According to Wojnarowski, he’s now starting rehabilitation so he can be back before the postseason starts in April.

Westbrook, 35, has been one of the league’s top bench players after accepting the role change earlier this season. He’s averaging 11.1 points, 5.1 rebounds and 4.4 assists in 58 games.

Bones Hyland took over for Westbrook after he went down and played the backup point guard spot in L.A.’s win over the Timberwolves on Sunday.

It has been a roller coaster season for Hyland, who admitted the season was “challenging” and was sent home before the All-Star break. He’s averaging 5.7 points and 2.0 assists this season.

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