Atlantic Notes: Knicks, Anthony, Sixers, Thomas

The Knicks are facing much higher expectations in 2024/25 than in most recent seasons, Stefan Bondy of the New York Post writes. New York is projected to finish second in the East by most sportsbooks after the team acquired Mikal Bridges via trade this offseason. Their over/under for regular season wins is set at 53.5 by BetMGM and FanDuel despite New York only surpassing 53 wins in a season once since 1997.

On top of adding Bridges, the Knicks are set to be healthier to open next season with Julius Randle back in the fold.

“It’s nice to hear that we’re contenders, but I think we have to go into training camp without having that word be spoken,” star guard Jalen Brunson said. “Obviously, I said I want to get past the second round after getting there two straight years. But we can’t just go into the season and jump right back into the second round. We’ve got to go back and start all over again.”

While the Knicks are in prime position to make it to at least the conference finals, they still have some obstacles to overcome, Bondy writes. For one, they’ll need to be healthier after missing several members of their rotation in the ’23/24 postseason. They’re also not the only Eastern Conference team that improved in the offseason, meaning the playoff competition could be stiffer next spring.

We have more from the Atlantic Division:

  • Knicks and NBA legend Carmelo Anthony revealed on the 7PM in Brooklyn podcast that he was offered an end-of-bench role by New York in 2022 (YouTube link). “We sat down and had a real conversation. ‘Listen, here’s a spot. You can be on the team tomorrow, but this is the spot,” Anthony said. The 10-time All-Star explained that he always had a goal of returning to New York, but after a handful of successful sixth-man seasons with the Lakers and Trail Blazers, Anthony didn’t want to be relegated to the end of the roster. “The not knowing of when you’re going to play and not play—I’d rather not go through that,” Anthony said. “I’mma bow out gracefully. … Basketball ain’t the issue. I can’t do that. That’s a hell of a decline. When I look at it overall, the overall big picture, that’s a hell of a decline. So I just had to stand on that. No disrespect, but I can’t accept that.
  • A city-sponsored impacts study intended to guide decision-makers regarding the Sixers‘ plan for a new downtown arena was released on Monday, per Jeff Gammage and Sean Collins Walsh of The Philadelphia Inquirer. According to the report, the proposed 18,500-seat arena would generate about $1.8 billion in additional economic activity during its construction and planned 30 years of operation. The study showed the arena could cause indirect housing displacement through gentrification. Additionally, concerns were raised about impact on transit, a lack of outdoor spaces at the arena and a disparity between the actual amount of new concerns the venue would be able to hold.
  • Isaiah Thomas established himself as a key figure in Celtics history after a pair of All-Star seasons and a year in which he averaged 28.9 points per game. However, his exit from Boston was a rocky one after he was traded following a postseason in which he battled through a hip injury and the death of his sister to play for the team. Thomas further explained the situation on the Knuckleheads Podcast (YouTube link). “When I got traded to Cleveland, I was upset because at that point, I put my career on the line for something you could have just broken down to me and told me, ‘If you do play, or if we do this, it could possibly be what it happened to be,’” Thomas said (hat tip to HoopsHype). “It took me three years to really get back to who I am and figure out what was going on. But it was a tough situation. It was a learning experience for myself. I got real love for Boston and everybody in that organization, but it was definitely the wrong way to go about things.” Thomas said that nobody was there to explain that if he played, his could have jeopardized his career by worsening the injury.

Suns Waive Nassir Little, E.J. Liddell

AUGUST 27: The cuts are official, according to PHNX Sports’ Gerald Bourguet (Twitter link). Both players will become unrestricted free agents if they clear waivers later this week.

With just one year of service, Liddell is eligible for a two-way contract with any team besides the Suns. Little, with five seasons of experience, is not two-way eligible.


AUGUST 21: The Suns are waiving forwards Nassir Little and E.J. Liddell, according to Shams Charania of The Athletic (Twitter link). Both players will become unrestricted free agents.

Liddell being waived doesn’t come as much of a surprise. He looked like the odd man out for the projected 15-man regular season roster after the Suns acquired him a few weeks ago in a salary dump of David Roddy.

The former Ohio State forward missed his rookie season due to an ACL tear, but played in eight games with New Orleans last season. He was sent from the Pelicans to the Hawks in the Dejounte Murray trade this offseason before being rerouted to Phoenix.

Liddell is still just 23 and had a tremendously impressive junior season in college before his injury (19.4 PPG, 2.6 BPG, .374 3PT%) and he played well in the G League last year, averaging 17.3 points per game). The No. 41 overall pick from the 2022 draft is a candidate to catch on elsewhere.

Little being waived is more surprising, since he’s owed $21.75MM over the next three years and seemed like a candidate to be traded for salary-matching purposes down the line. However, the Suns will instead use the stretch provision in removing him from the roster.

There were rumblings in July that Phoenix cutting Little was a possibility. As Charania writes, the Suns moved forward with that plan in order to open up a roster spot and to create more flexibility for signings or trades.

A former first-round pick, Little wasn’t a huge part of Phoenix’s roster last season, averaging 3.4 points in 45 appearances. He was acquired from the Trail Blazers in last September’s three-team Damian Lillard trade after spending the first four years of his career in Portland. In 237 career games, Little holds averages of 5.5 points and 2.9 rebounds per game. The 25th pick in the 2019 draft, Little is still just 24 and it wouldn’t be surprising to see him earn another guaranteed contract down the line.

In addition to creating more roster flexibility, the Suns are now better positioned to give Ryan Dunn and Oso Ighodaro an opportunity to earn immediate minutes, according to Charania, who notes that the team is high on both rookies (Twitter link). Phoenix landed Dunn 28th overall and Ighodaro at No. 40 in June’s draft.

With Little and Liddell waived, the Suns have 14 players on standard contracts and three players on two-way deals, so their opening day roster looks to be mostly set.

The Suns had until Aug. 31 to waive Little and stretch his contract through 2030/31 while reducing his $6.75MM cap hit this season. Under the stretch provision, his remaining salary will be paid over twice the number of seasons remaining on his contract, plus one year. Because he had three years left on his contract, Little’s remaining $21.75MM will be paid out equally over the next seven seasons (through ’30/31), for an annual hit of about $3.1MM.

While reducing their team salary by $3.65MM might not seem worth it at face value, given the long-term impact, the Suns are drastically reducing their tax burden by moving Little. They’re over $36MM over the second tax apron, so the tax savings on that $3.65MM will be significant. Based on their current payroll, stretching Little’s salary will save the Suns approximately $40MM in tax penalties across the next two seasons, tweets John Hollinger of The Athletic.

And-Ones: Sophomores, PFs, Title Favorites, 2025 Cap Room

The 2023 draft class was a massive success, with rookies like Victor Wembanyama and Brandon Miller looking like stars for their respective teams. The depth and variety in last season’s rookies was noteworthy, with some like Jaime Jaquez and Brandin Podziemski impressing for playoff contenders as later and older draft picks, while others like Amen Thompson and Dereck Lively shouldered big minutes as younger players.

That doesn’t even factor in Chet Holmgren, who missed what would have been his rookie season in 2022/23 with an injury. In most years, the competition between Wembanyama and other rookies would’ve been nonexistent, but Holmgren stepped forward as another star rookie who helped the Thunder secure the No. 1 seed.

In an article for ESPN+, Jeremy Woo takes a look at and ranks the NBA’s 10m most interesting sophomores. Woo’s list is subjective, so he didn’t include players like Jaquez, Podziemski and Lively since they don’t have as much to gain as others on this list in his eyes, focusing instead on players who hold more intrigue due to their upside

Unsurprisingly, Wembanyama (No. 1), Holmgren (No. 3) and Miller (No. 4) all rank highly. Woo has Houston’s Thompson twin ranking in at No. 2 though, explaining that he has the highest potential of any player on the Rockets and opining that he’s in an ideal situation for his development. Orlando’s Anthony Black also ranks highly as an impact player who has the potential to help shape the Magic’s future.

We have more from around the basketball world:

  • After ranking other positions, HoopsHype released their power forward rankings ahead of the 2024/25 season. Giannis Antetokounmpo is the obvious pick at No. 1, but both Zion Williamson (No. 2) and Paolo Banchero (No. 3) rose after successful seasons. GG Jackson came in at No. 22 in the rankings following an impressive rookie season as a second-round pick. Jackson came in at No. 10 on Woo’s list of intriguing sophomores.
  • The Celtics rank as an early favorite to become repeat champions after an offseason in which they retained all their key pieces and extended some. However, health and general luck could work against them next season, Eric Pincus of Bleacher Report opines. No team has repeated as champs since the Warriors in 2017 and 2018, so a Boston repeat is far from a given, even though they had a tremendous offseason. Pincus ranks the top 10 contenders in the NBA and offers arguments against each one winning next year’s title.
  • Based on current projections, only the Nets and the Wizards will have enough cap space to offer a max contract next summer, as Danny Leroux of The Athletic observes. Leroux looks over the projected 2025 cap sheets for all 30 teams across the league, identifying the Rockets, Heat and Bulls as some of the more interesting cases in 2025. The Rockets could keep the roster together or might be inclined to part with Fred VanVleet and Jalen Green while opening up as much as $69MM in space. Meanwhile, the Heat’s situation is dependent on what Jimmy Butler wants to do, while the Bulls could create space if they move off Zach LaVine or Nikola Vucevic.

Bucks Sign James Akinjo, Liam Robbins To Exhibit 10 Deals

The Bucks have signed guard James Akinjo and center Liam Robbins, the team announced today in a press release. Both players received Exhibit 10 contracts, according to The Athletic’s Eric Nehm (Twitter link).

Both Akinjo and Robbins have previously spent time with other teams on training camp contracts but haven’t yet seen regular season NBA action.

Akinjo is a 6’1″ guard out of Baylor who has signed Exhibit 10 deals with the Knicks and Kings, as well as previously spending summer league with the Hawks. He played this summer for the Bucks, appearing in two games and totaling four points in Las Vegas.

Akinjo has played more extensively at the G League level. In 2022/23 with the Westchester Knicks, Akinjo averaged 14.7 points and 7.8 assists per game while making 37.4% of his threes. Last season, he split time between the Stockton Kings and Wisconsin Herd, averaging 9.6 PPG and 4.2 APG in 31 G League appearances.

Robbins, a 7’0″ center from Vanderbilt, signed with the Pelicans on an Exhibit 10 deal last summer but suffered a stress reaction in his fibula and was waived. Before the injury, he seemed like a prime candidate to compete for a two-way contract. He had an impressive final college season at Vanderbilt, averaging 15.0 points, 6.9 rebounds and 3.2 blocks while shooting 36.5% from three.

Robbins still ended up being allocated to the Birmingham Squadron but was deactivated in January without playing a game in the G League due to his injury.

The Bucks have all three of their two-way contract spots filled, so Akinjo and Robbins will have an uphill climb to make Milwaukee’s roster. By signing Exhibit 10 deals, Akinjo and Robbins will receive bonuses worth up to $77.5K on top of their standard G League salaries as long as they spend at least 60 days with the Herd after being waived by the Bucks.

Milwaukee now has 20 players officially under contract, with Philip Alston also reported to be joining the team on an Exhibit 10 deal.

Matt Ryan Re-Signs With Pelicans On Camp Deal

AUGUST 27: Ryan’s new deal with the Pelicans is now official, as Michael Scotto of HoopsHype tweets.

Ryan’s non-guaranteed minimum-salary contract includes Exhibit 9 language (protecting the team in the event of a preseason injury), but not Exhibit 10 language, Hoops Rumors has learned.

That means it can’t be converted into a two-way deal and won’t award Ryan a bonus if he’s waived and then spends time with the Birmingham Squadron, New Orleans’ G League team.


AUGUST 26: The Pelicans are re-signing Matt Ryan on a reworked one-year contract, Shams Charania of The Athletic tweets. Ryan was waived on Friday.

Ryan, 27, appeared in 28 games for New Orleans in 2023/24, averaging 5.4 points and 1.4 rebounds while shooting 45.1% from three-point range in 13.9 minutes per contest. He missed several weeks of action last season due to a right calf strain and a right elbow injury, which required surgery in December.

New Orleans claimed Ryan off waivers last October, inheriting the two-way contract he signed with Minnesota shortly before the start of training camp. He also had brief stints with the Celtics and Lakers earlier in his career.

The Pelicans converted Ryan to a standard contract at the very end of last season, making him playoff-eligible. However, his three-year deal — which featured a significant end-of-season payday in ’23/24 — was non-guaranteed for the ’24/25 and ’25/26 seasons.

Ryan’s salary for ’24/25 would have become guaranteed if he had remained under contract through the start of the regular season. While we don’t know the details of the new contract yet, it’s likely another minimum-salary deal that won’t become guaranteed until the league-wide date of January 10. It should also have a cap hit of $2,087,519 instead of $2,196,970.

The Pelicans now have 15 players on standard contracts, with 13 players on guaranteed salaries.

Hoops Rumors Glossary: Sign-And-Trade

Each summer when the NBA offseason arrives, a multitude of free agents sign new contracts and teams around the league consummate dozens of trades. On some occasions, these two forms of transactions are combined into something called a sign-and-trade deal.

What is a sign-and-trade?

Sign-and-trades occur when a team re-signs its own free agent, only to immediately send him to another team in exchange for players, draft picks, and/or cash. For the most part, they function like a normal NBA trade, except one of the pieces involved in the trade is a free agent who receives a new contract as part of the deal.

In order for a sign-and-trade deal to be completed, the following criteria must be met:

  • A free agent must be signed-and-traded by the team with whom he finished the most recent season. For instance, the Cavaliers could sign-and-trade Isaac Okoro this offseason, but another team couldn’t sign Okoro and immediately move him. Cleveland also wouldn’t be permitted to sign-and-trade Raul Neto, even though the Cavs were his most recent team, because he finished the 2022/23 season with the club, rather than the ’23/24 season.
  • If the free agent is restricted, he can’t be signed-and-traded after he signs an offer sheet with a rival team.
  • A team acquiring a player via sign-and-trade cannot be over the first tax apron upon the conclusion of the deal and becomes hard-capped at the first apron for the rest of the league year.
  • A free agent can’t be signed-and-traded once the regular season is underway.
  • A free agent can’t be signed-and-traded using any exception that doesn’t allow for a three-year contract.
  • A player receiving a designated veteran contract can’t be signed-and-traded.

Sign-and-trade contracts must cover either three or four seasons. However, only the first year of the deal needs to be fully guaranteed.

A sign-and-trade contract can be worth any amount up to the player’s maximum salary (with 5% annual raises) for a player who has full Bird rights. However, players with Non-Bird or Early Bird rights are subject to the restrictions of those exceptions.

For example, a player who only has Non-Bird rights and is signed-and-traded would be limited to a first-year salary worth up to 120% of his previous salary, 120% of his minimum salary, or the amount of his qualifying offer (if the player is a restricted free agent)

If a sign-and-trade contract includes a signing bonus, either team can agree to pay it, though if the signing team pays it, it counts toward that club’s limit for cash included in trades for that league year, so that’s uncommon. If a trade bonus is included, it would kick in upon any subsequent trade rather than as part of the sign-and-trade transaction itself.

The benefits and challenges of the sign-and-trade

Prior to the NBA’s 2011 Collective Bargaining Agreement, a free agent could receive a five-year contract via sign-and-trade, but that’s no longer the case — the contract restrictions for players acquired via sign-and-trade are the same as those that apply to a player signing outright with a new team via cap room (four years and 5% raises).

The goal of that change was to encourage top free agents to remain with their own clubs in order to maximize their earnings, rather than allowing them to sign similarly lucrative long-term contracts while changing teams.

In more recent CBAs, including the 2023 agreement, a specific set of circumstances is often required for teams and players to be incentivized to participate in sign-and-trades. If a player wants to change teams, it often makes more sense for him to sign with the new team outright, rather than making that club give up assets to complete the acquisition. Even the player’s old team may prefer to simply let the free agent walk and claim the resulting cap space, rather than taking back unwanted assets in a sign-and-trade.

There are other potential roadblocks complicating sign-and-trade deals as well. A signed-and-traded player’s salary may be viewed differently for salary-matching purposes than it would be in a standard trade, which can compromise a team’s ability to meet those salary-matching requirements. We outline those rules in our glossary entry on base year compensation.

However, if a potential suitor is operating over the cap and under the first apron, a sign-and-trade can make sense — especially if that club wants to sign the player for more than the mid-level amount, or if the club can offer the free agent’s prior team something of value.

Sign-and-trades can also come in handy when a team needs to aggregate one more contract in a trade for salary-matching purposes, or when a team that has already used its mid-level exception wants to add a second free agent in that mid-level range.

2024 sign-and-trades

During the 2024 offseason, eight players have changed teams via sign-and-trade. Five of those players were what we’d call “traditional” sign-and-trade participants — DeMar DeRozan (Kings), Klay Thompson (Mavericks), Buddy Hield (Warriors), Kyle Anderson (Warriors), and Kris Dunn (Clippers) were each acquired by teams who didn’t otherwise have the ability to offer the salaries those players received via sign-and-trade.

DeRozan’s and Thompson’s deals exceeded the mid-level exception and were completed by teams without cap room available; Hield, Anderson, and Dunn all got contracts in the mid-level range from clubs who had already used their MLE on another player.

A sixth player, Jonas Valanciunas, could’ve been signed using the Wizards‘ mid-level exception, but the Pelicans agreed to sign-and-trade him to Washington because it was a win-win for the two teams — New Orleans received a heavily protected second-round pick and a trade exception in the deal, while the Wizards absorbed Valanciunas using a trade exception and preserved their full MLE. They used a portion of that mid-level to sign Saddiq Bey, while the remainder could prove useful later in 2024/25.

The final two sign-and-trade contract recipients of the 2024 offseason, Shake Milton and Cody Zeller, were used as salary-matching pieces in the Mikal Bridges and Dejounte Murray trades, respectively.

Because Milton and Zeller were essentially salary filler in those deals and the Nets and Hawks weren’t specifically targeting them, both players received salaries just large enough to meet the matching rules and received only one guaranteed season on their new three-year contracts.

The second apron tweak

While it has become relatively common knowledge among NBA fans that teams above the first tax apron can’t acquire a player via sign-and-trade, a new wrinkle was introduced in the 2023 CBA affecting teams above the second tax apron.

A team that sends out a player via sign-and-trade cannot take back salary – either simultaneously or non-simultaneously – in exchange for that outgoing player if that team is operating above the second tax apron. A team that takes back salary for a signed-and-traded player becomes hard-capped at the second apron for the rest of the season.

For example, when the Timberwolves – who are operating above the second apron in 2024/25 – signed-and-traded Anderson to Golden State, they were prohibited from taking back any salary using Anderson’s outgoing salary for matching purposes. Although the Wolves technically created a trade exception worth approximately $8.8MM (Anderson’s new salary) in that deal with the Warriors, they’ll be ineligible to use that exception as long as their team salary remains above the second apron.


Note: This is a Hoops Rumors Glossary entry. Our glossary posts will explain specific rules relating to trades, free agency, or other aspects of the NBA’s Collective Bargaining Agreement. Larry Coon’s Salary Cap FAQ was used in the creation of this post.

Earlier versions of this post were published in 2013, 2019, and 2020.

Blazers Assistant GM Oliva Named Head Coach Of Rip City Remix

A Trail Blazers assistant general manager is moving from the front office to the sidelines for the coming season, according to the team, which announced today that Sergi Oliva has been named the new head coach of the team’s G League affiliate, the Rip City Remix (Twitter link).

Adrian Wojnarowski of ESPN (Twitter link) and Sean Highkin of Rose Garden Report reported the move ahead of the official announcement. Oliva is replacing Jim Moran, the former Rip City head coach who left the organization this offseason for a job with the Kings.

As Highkin explains, the Trail Blazers, with support from head coach Chauncey Billups, want to implement “new developmental strategies” at their G League affiliate that they feel will benefit the franchise in the long term. Oliva will lead those efforts.

While he has been a basketball operations executive since arriving in Portland in 2022, Oliva has previous coaching experience under Quin Snyder in Utah and Brett Brown in Philadelphia. His role with the Sixers was a dual coaching/front office position, Highkin notes.

According to Wojnarowski, the expectation is that Oliva will resume his assistant GM role with the Blazers at the end of the 2024/25 G League season, so the Remix will be in the market for a new coach at that time.

Justin Minaya and Bryce McGowens are currently on two-way contracts with Portland and figure to be regular contributors for Rip City this season. Henri Drell, who is on an Exhibit 10 deal, and Yongxi Cui, who reportedly reached an Exhibit 10 agreement with the Blazers, are other candidates to suit up for the Remix.

International Notes: Yurtseven, Lessort, Sochan, Beverley, Cousins

Sani Becirovic, the technical director Panathinaikos, confirmed this week that the Greek club has interest in free agent big man Omer Yurtseven, who has spent the past three seasons in the NBA. Panathinaikos’ interest in Yurtseven was reported earlier this month.

“The truth has been written,” Becirovic said, per Alessandro Maggi of Sportando. “We have nothing to hide: he is one of the players we are interested in. There have been contacts, we have studied the case to see if he is a realistic option or not. But there is still some work to be done to reach an agreement.”

If Panathinaikos is able to finalize a deal with Yurtseven, the veteran center would join a frontcourt that also includes Mathias Lessort, whose play at the Olympics helped generate some NBA buzz. However, Becirovic said that he wasn’t worried about Lessort – whose NBA rights are controlled by the Knicks – making the move stateside this offseason.

“Obviously, we want him to stay as long as possible and we will do everything we can to keep him,” Becirovic said. “No, I wasn’t nervous about him leaving because he didn’t have a contract with the NBA. So I was pretty calm about it. There were also rumors that there was a lot of interest in him. The interest was there, but we never got into serious negotiations to make something happen, like with (Guerschon) Yabusele (leaving Real Madrid for the Sixers) for example.”

Here are a few more items of interest from around the international basketball world:

  • Spurs forward Jeremy Sochan, who played for the Polish national team during the 2024 Olympic qualifiers, has committed to representing the country next summer at EuroBasket, as Johnny Askounis of Eurohoops relays. As one of the four countries co-hosting EuroBasket 2025, Poland has automatically qualified for the tournament.
  • Patrick Beverley, who is playing for Hapoel Tel Aviv in Israel in 2024/25, has lofty goals for his new club, as he stated in a video recently posted to his Twitter account. “I don’t want to win, I want complete domination,” Beverley said. “… I don’t even want games to be close. I just want us to stomp the s–t out of everybody.” The veteran guard is aiming to help lead Hapoel Tel Aviv to a EuroCup title next season in order to earn the team a promotion to the EuroLeague.
  • Four-time NBA All-Star DeMarcus Cousins has joined Wuxi WenLv, a Chinese team on the FIBA 3×3 World Tour, according to an announcement from FIBA (Twitter link). Cousins, who has been out of the NBA since 2022, has played for professional teams in Puerto Rico, Taiwan, and the Philippines since then.

Grizzlies Waive Mamadi Diakite

11:24am: The move is official. The Grizzlies have formally announced that Diakite has been waived (Twitter link).


11:21am: After acquiring him from Brooklyn last month, the Grizzlies will waive big man Mamadi Diakite, reports Shams Charania of The Athletic (Twitter link).

Diakite, 27, finished last season with the Knicks, then was traded to Brooklyn in the Mikal Bridges blockbuster last month. He was flipped from the Nets to the Grizzlies in a subsequent deal that sent Ziaire Williams to Brooklyn and allowed Memphis to re-sign Luke Kennard while staying out of luxury tax territory.

A 6’9″ forward/center who played his college ball at Virginia, Diakite has appeared in a total of 55 regular season games for the Bucks, Thunder, Cavaliers, Spurs, and Knicks since making his NBA debut in 2021. He holds career averages of 3.1 points and 2.3 rebounds in 9.6 minutes per contest.

Diakite has a $2,273,252 cap hit for the 2024/25 season, but only $1,392,150 is guaranteed, so the Grizzlies will be on the hook for that partial guarantee if he goes unclaimed on waivers. While they have the option of carrying the full amount on this season’s cap, they instead intend to stretch it across three seasons at a rate of $464,050 through 2026/27, according to Chris Herrington of The Daily Memphian (Twitter link).

Using the stretch provision on Diakite’s partial guarantee will create a little extra spending flexibility below the luxury tax line, giving Memphis enough breathing room to sign a 15th man without becoming a taxpayer, as we recently noted in our look at the club’s offseason.

Once the move is official, the Grizzlies will have 17 players under contract — 14 on guaranteed standard salaries and three on two-way deals.