NBA Rumors - HoopsRumors.com

Raptors To Re-Sign Garrett Temple

July 1st, 2024 at 5:47pm CST by Luke Adams

Veteran swingman Garrett Temple is returning to the Raptors for the 2024/25 season, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that it’ll be a one-year deal for Temple.

While Wojnarowski’s report doesn’t provide any additional details on the agreement, it would be surprising if Temple signs for a salary higher than the veteran’s minimum.

Temple, 38, played for 11 teams across 13 NBA seasons before joining Toronto as a free agent last summer. He played sparingly for the Raptors, averaging 3.3 points, 1.7 rebounds, and 1.0 assists in 10.7 minutes per game across 27 appearances.

While Temple’s on-court contributions were modest, he was an “important voice in the locker room” for the young Raptors, says Josh Lewenberg of TSN.ca (Twitter links). With the club seemingly prepared to get even younger after drafting four prospects last week, Temple’s role behind the scenes will be “essential,” Lewenberg adds.

Over the course of his 14-year NBA career, Temple has averaged 6.1 PPG, 2.3 RPG, and 1.7 APG in 743 regular season games. He serves as a vice president on the National Basketball Players Association.

Magic To Re-Sign Goga Bitadze On Three-Year Deal

July 1st, 2024 at 5:10pm CST by Dana Gauruder

The Magic have reached a three-year agreement with one of their own free agents, center Goga Bitadze, ESPN’s Adrian Wojnarowski tweets. The contract will be worth $25MM.

Orlando signed Bitadze midway through the 2022/23 season after the Pacers waived the former first-round selection. The Magic then exercised their $2.07MM team option on him last summer.

Bitadze started 33 games last season, appearing in 62, and averaged 5.0 points, 4.6 rebounds, 1.3 assists and 1.2 blocks per contest.

Bitadze has a minimum cap hold that will put the Magic in position to go over the cap to re-sign him with his Early Bird rights, cap expert Yossi Gozlan tweets. That would allow the Magic to preserve their remaining $27MM in cap space and still have the $8MM room exception at their disposal.

The Knicks were viewed as a possible suitor for Bitadze, but reporting earlier today indicated that the Magic were prepared to offer more for him that New York could realistically put on the table.

Bitadze figures to once again back up Wendell Carter Jr. Orlando declined its team option on Moritz Wagner but could still work out another contract with the 27-year-old big man.

Thunder To Add Buddy Boeheim On Exhibit 10 Deal

July 1st, 2024 at 4:49pm CST by Dana Gauruder

The Thunder have agreed to an Exhibit 10 contract with wing Buddy Boeheim, The Athletic’s Shams Charania tweets.

Boeheim cleared waived on Monday after the Pistons cut him loose over the weekend. He had a two-way contract that ran through next season.

Boeheim, 24, appeared in 10 games for the Pistons last season, averaging 3.4 points per contest on .310/.320/.800 shooting. He appeared in 31 games for the G League Motor City Cruise, averaging 17.2 points, 4.1 rebounds and 2.0 assists while draining 43.1% of his 3-point attempts.

The son of longtime Syracuse coach Jim Boeheim also appeared in 10 games with Detroit during the 2022/23 season.

An Exhibit 10 contract is a non-guaranteed minimum-salary deal that doesn’t count against a team’s cap unless the player makes the regular season roster. It can be converted to a two-way contract before the season begins or can put a player in line to earn a bonus if he’s waived and then spends at least 60 days with his team’s G League affiliate.

Celtics, Jayson Tatum Agree To Super-Max Extension

July 1st, 2024 at 4:43pm CST by Luke Adams

The Celtics and Jayson Tatum have agreed to terms on a five-year, super-max extension that will begin in 2025/26 and will start at 35% of the salary cap, reports Chris Haynes of TNT and Bleacher Report (Twitter link).

Based on the NBA’s latest cap projection, the five-year contract will start at approximately $54.13MM and will be worth a total of $313.93MM, making it the largest deal in league history. It will replace the $37MM player option for 2025/26 from Tatum’s current contract and will run through the ’29/30 season.

Tatum, who won his first championship this spring, earned All-NBA First Team honors for a third straight season after averaging 26.9 points, 8.1 rebounds, and 4.9 assists in 35.7 minutes per game with a .471/.376/.833 shooting line for the league’s top team.

The star forward met the super-max criteria, increasing his maximum salary from 30% of the cap to 35%, by making the All-NBA team in both 2022 and 2023. He needed one more year in the NBA in order to meet the service time criteria of at least seven years, but this move had been expected since last spring once he became eligible.

Tatum’s deal, which can be officially signed as early as July 6, is on track to be completed less than one year after his teammate Jaylen Brown signed a five-year super-max extension of his own. Brown’s deal, which went into effect today and previously held the title of biggest contract in NBA history, is worth approximately $285.4MM.

Having also agreed to a four-year, $125.9MM extension with guard Derrick White earlier today, the Celtics have locked up three of their five starters through at least the 2027/28 season, with a fourth (Jrue Holiday) holding a player option for that year. Boston’s fifth starter (Kristaps Porzingis) is under contract through ’25/26. It projects to be one of the league’s priciest rosters going forward, but the Celtics now have their championship core under team control for the long term.

The Celtics will become one of four teams who have multiple players on maximum-salary contracts that began at 35% of the cap. The Bucks (Giannis Antetokounmpo, Damian Lillard) and Sixers (Joel Embiid, Paul George) will have two apiece, while the Suns (Kevin Durant, Devin Booker, Bradley Beal) are carrying three.

Cavs President Believes Mitchell Will Sign Extension

July 1st, 2024 at 4:18pm CST by Dana Gauruder

Cavaliers president of basketball operations Koby Altman expressed optimism that the club will reach an extension agreement with star guard Donovan Mitchell this offseason, Chris Fedor of the Cleveland Plain Dealer reports.

Altman and new head coach Kenny Atkinson visited Mitchell this past weekend in Los Angeles when the guard hosted a summer camp.

“We feel good about Donovan,” Altman said. “He’s in a great space mentally. He’s healthy. He was out there with those young high school players, hooping in a really good space. Really enjoyed the fact that him and Kenny could sit down and talk about the future, talk about the team. He is still under contract right now, so I think we can talk about him as a Cavalier. He’s invested. He’s really invested in what we’re doing, and hopefully soon we’ll have more of a decisive answer on [a contract extension] for you. But he’s been great. He’s been super involved and super collaborative and very, very much pro-Cleveland.”

Mitchell is eligible to sign a four-year, $200MM+ extension as early as Saturday (July 6), when the league’s moratorium ends. A new deal would see the see the 27-year-old decline his $37.1MM player option for 2025/26. He’ll make $35.41MM in ’24/25.

Mitchell’s involvement with the franchise this offseason included his input during the Cavs’ coaching search. He had a conversation with Atkinson and at least one other candidate during the search, according to Fedor. Mitchell endorsed the hiring of the former Warriors assistant.

Atkinson said they connected on a personal level. That’s a key, since Mitchell reportedly was unhappy with former coach J.B. Bickerstaff last season over a number of issues.

“We had a great sitdown,” Atkinson said. “We also have a little bit of East Coast, similar backgrounds. We didn’t grow up far from each other really, if you think about it.”

If Mitchell decides not to sign an extension, Cleveland would look into potential trades, Fedor writes. However, he says all the momentum is headed in the other direction.

Jazz Waive Omer Yurtseven

July 1st, 2024 at 3:55pm CST by Dana Gauruder

JULY 1: The Jazz have officially waived Yurtseven, the team announced today in a press release. He’ll become a free agent on Wednesday if he goes unclaimed.

JUNE 30: The Jazz are planning to waive center Omer Yurtseven, ESPN’s Adrian Wojnarowski tweets.

Yurtseven, who spent one season with Utah after two years with the Heat, had a non-guaranteed $2.66MM contract. Yurtseven appeared in 48 games this past season, including 12 starts, and averaged 4.6 points and 4.3 rebounds in 11.4 minutes per game.

With the Jazz drafting Kyle Filipowski in the second round, Yurtseven became more expendable, though it’s certainly not out of the question they could re-sign Yurtseven on a more cap-friendly deal. A new minimum-salary pact would have a lower cap hit than his previous contract.

Yurtseven became an unrestricted free agent last summer when the Heat opted not to give him a qualifying offer. He had a promising rookie year, but was limited to nine games in 20222/23 after undergoing ankle surgery.

With a glut of centers on the free agent market, it wouldn’t be surprising if he looked at overseas options. He received interest from two Turkish teams before deciding to sign with the Jazz last year.

Heat Officially Sign Zyon Pullin To Two-Way Contract

July 1st, 2024 at 3:52pm CST by Luke Adams

The Heat have officially signed undrafted rookie free agent Zyon Pullin to a two-way contract, the team confirmed in a press release. Reporting after last week’s draft indicated the two sides had reached an agreement.

A 6’4″ guard out of Florida, Pullin played for UC Riverside from 2019-23 before transferring to the Gators for his super-senior year. He was an All-SEC honoree in 2023/24 after averaging 15.5 points, 4.9 assists, 3.9 rebounds, and 0.9 steals per contest in 33 games (27 starts), with a shooting line of .444/.449/.847.

Miami also reportedly reached a two-way agreement with Arizona forward Keshad Johnson, so he and Pullin appear poised to fill two of the team’s three two-way slots heading into the fall.

While many transactions can’t be completed during the NBA’s ongoing moratorium period, two-way signings are among the moves that can be officially finalized, so we’ll likely see plenty of them announced in the coming days.

Trade/FA Rumors: Markkanen, Westbrook, DeRozan, Achiuwa, Trent

July 1st, 2024 at 3:44pm CST by Rory Maher

Appearing on SportsCenter, ESPN’s Adrian Wojnarowski confirmed a report from his ESPN colleague Brian Windhorst stating that the Warriors are among the teams with interest in trading for Jazz forward Lauri Markkanen (YouTube link).

“Utah is not sure it wants to trade (Markkanen), but they have to listen; they’ve been listening,” Wojnarowski said. “And a lot of the teams that missed out on Mikal Bridges from Brooklyn have transferred over to try and see if they can land Lauri Markkanen from Utah. Golden State is one of those teams.”

Here are a few more trade and free agency rumors from around the NBA:

According to Harrison Wind of DNVR Sports (Twitter link), three-time MVP Nikola Jokic has “pushed behind the scenes” for the Nuggets to trade for Clippers guard Russell Westbrook, himself a former NBA MVP. Wind hears Jokic has wanted to play with Westbrook for multiple seasons. Joey Linn of Sports Illustrated confirms (via Twitter) Wind’s reporting, adding that DeAndre Jordan has been supportive of the idea of adding Westbrook as well. According to Linn, the Clips are exploring “several” trade possibilities for Westbrook, and even if he isn’t traded to Denver directly, it’s possible he might eventually land with the Nuggets.
The Bulls and DeMar DeRozan appear destined to part ways, with a source telling Joe Cowley of The Chicago Sun-Times that the six-time All-Star will be landing elsewhere. According to Cowley, DeRozan made up his mind to leave once Chicago traded Alex Caruso to Oklahoma City for Josh Giddey. The Bulls have been targeting younger players in free agency, re-signing restricted free agent Patrick Williams and agreeing to a three-year deal with big man Jalen Smith.
While the Knicks chose not to tender a qualifying offer to forward/center Precious Achiuwa, they are still open to a potential reunion with the 24-year-old, a source tells Fred Katz of The Athletic. Ian Begley of SNY.tv hears (via Twitter) interest in a reunion is mutual, but the young big man is also drawing interest from “several” contenders, so he could have multiple options to choose from.
There hasn’t been much news related to Raptors guard Gary Trent Jr., a 25-year-old unrestricted free agent who earned $18.6MM last season. As Michael Grange of Sportsnet.ca writes, GM Bobby Webster said before free agency opened that a return to Toronto was still possible, assuming the terms were agreeable for both sides. “You want to be strategic about what’s tradable, what’s not tradable,” Webster said of Trent. “We have some big contracts coming up in the future, so it’ll just have to be something that makes sense for everyone.”

Bucks, Stanley Umude Agree To Two-Way Contract

July 1st, 2024 at 2:58pm CST by Rory Maher

The Bucks are signing free agent wing Stanley Umude to a two-way contract, confirms Eric Nehm of The Athletic. Will Whitson of The Walk Pod first reported (via Twitter) that Umude was heading to Milwaukee.

A former Arkansas Razorback, Umude went undrafted in 2022 and spent the majority of his first pro season in the NBA G League with the Motor City Cruise, Detroit’s affiliate. He appeared in one game with the Pistons as a rookie in 2022/23 while on a 10-day contract.

Umude returned to the Pistons on an Exhibit 10 training camp deal last summer, receiving a promotion to a two-way contract just before the ’23/24 season opened. The 25-year-old played well in his limited minutes, averaging 5.2 points and 2.1 rebounds while shooting 45.3% in 24 games (12.8 minutes), earning another promotion to a two-year standard contract in February.

Umude sustained a fractured ankle in March, ending his ’23/24 season a few weeks early. The Pistons declined their minimum-salary team option on Umude a couple days ago, making him an unrestricted free agent.

While Umude has good size for a guard/forward and is known for playing hard, he has struggled with scoring efficiency with the Cruise over the past two seasons, seemingly making his (small sample size) NBA three-point percentage more of an aberration. Still, two-way contracts don’t count against the salary cap and Milwaukee needs help on the wing, so it’s a low-risk signing.

Rockets To Re-Sign Aaron Holiday

July 1st, 2024 at 2:33pm CST by Luke Adams

The Rockets and veteran guard Aaron Holiday have struck a new deal, according to Shams Charania of The Athletic, who reports (via Twitter) that Holiday is signing a two-year, $10MM contract to remain in Houston. The second year will be a team option, per Jonathan Feigen of The Houston Chronicle (Twitter link).

The younger brother of fellow NBAers Jrue Holiday and Justin Holiday, Aaron played a regular rotation role off the bench in Houston last season, averaging 6.6 points, 1.8 assists, and 1.6 rebounds in 16.3 minutes per game across 78 appearances. He posted a solid shooting line of .446/.387/.921.

After spending his first three NBA seasons in Indiana, Holiday has bounced around the league in recent years, spending time in Washington, Phoenix, and Atlanta in addition to Houston. This will be the first time since his Pacers days that the 27-year-old will return to a team for a second season.

Because he signed as a free agent with the Rockets last season, Holiday only has Non-Bird rights this summer, meaning the team can’t give him a deal worth more than 20% above the veteran’s minimum without using a different exception. As a result, Houston has to dip into either its mid-level exception or bi-annual exception to complete the signing.

Using the non-taxpayer MLE to sign Holiday to a starting salary worth a little less than $5MM would leave the Rockets with about $8MM of that exception left over. Using the bi-annual exception would result in a maximum two-year total of about $9.57MM for Holiday and would leave the MLE untouched. Kelly Iko of The Athletic (Twitter link) hears the club plans to take the latter route, using the BAE to bring back the reserve guard.