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Nets Notes: Future Trades, Schröder, Staff Changes

August 19th, 2024 at 8:04pm CST by Alex Kirschenbaum

After the Mikal Bridges trade, it was widely speculated that the Nets would begin offloading a lot of their movable veteran contracts sooner rather than later. Now, as NetsDaily’s Net Income notes, the consensus among NBA observers is that players like Cameron Johnson and Dorian Finney-Smith will open the season in Brooklyn.

The Nets accrued a massive haul for Bridges, whose only individual accolade during his NBA career is one All-Defensive Team honor. Brooklyn has five new first-round picks plus a swap from New York, in addition to a second-round selection and a massive trade exception.

As Net Income points out, the deals Brooklyn made this summer sending out Bridges and regaining control of the team’s 2025 and 2026 first-round picks arguably turned out better than those rumored at the trade deadline, so the front office figures to take a similar patient approach in its discussions involving players like Johnson and Finney-Smith.

The article dives into a variety of intriguing offseason plot lines:

Point guard Dennis Schröder, who is on an expiring $13MM contract, is another intriguing Nets trade candidate. The 31-year-old was the offensive fulcrum of a deep German national team this summer, although that program came up short of a medal. As Net Income observes, there has yet to be much chatter about a Schröder trade, but given how well he plays alongside Team Germany comrades Franz Wagner and Moritz Wagner, and the Magic‘s need for a point guard upgrade, Orlando feels like a potential trade partner.
Head video coordinator Travis Bader has taken an assistant coaching gig with the Nets, while former assistant video coordinator Jim McDonnell has taken Bader’s old job, per NetsDaily. Capologist Makar Gevorkian has been promoted to vice president of basketball operations for alignment and strategic planning. Brooklyn still needs a new assistant general manager and a new co-head of the performance team.
In a separate two-part story at NetsDaily, Net Income takes an in-depth look at how the franchise has grown a significant global fan base under current team owner Joe Tsai.

Udoka Azubuike Signs With Montenegrin Team

August 19th, 2024 at 5:30pm CST by Alex Kirschenbaum

Free agent center Udoka Azubuike has signed on with Montenegrin club KK Buducnost Voli, the team has announced in a press statement.

The 6’10” big man was initially drafted by the Jazz in 2020, following an All-American career at Kansas. Utah selected him with the No. 27 overall pick.

Azubuike never made a consistent, long-term impact in either of his two NBA stops, in part due to health issues. He has yet to play more than 36 games in a single season. Across 84 contests (10 starts) in four years, he has averaged a scant 3.0 points and 2.8 rebounds in just 8.6 minutes per night.

Following three years split between the Jazz and their NBAGL affiliate, the Salt Lake City Stars, Azubuike inked a two-way deal with a starry Suns club for 2023/24. Last year, he appeared in just 16 games for Phoenix, averaging 7.1 minutes per contest.

Clearly, the NBA market for his services has proven somewhat finite this summer. Given that he’s still all of 24, an impressive international showing could help bolster his value stateside once again, and he might eventually be able to earn his next opportunity here that way.

NBA 2024 Offseason Check-In: Chicago Bulls

August 19th, 2024 at 4:00pm CST by Luke Adams

Hoops Rumors is checking in on the 2024 offseason for all 30 NBA teams, recapping the summer’s free agent signings, trades, draft picks, departures, and more. We’ll take a look at each team’s offseason moves and consider what might still be coming before the regular season begins. Today, we’re focusing on the Chicago Bulls.

Free agent signings

Patrick Williams: Five years, $90,000,000. Fifth-year player option. Re-signed using Bird rights.
Jalen Smith: Three years, $27,000,000. Signed using non-taxpayer mid-level exception.
Marcus Domask: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.
Kenneth Lofton Jr.: One year, minimum salary. Non-guaranteed (Exhibit 10). Signed using minimum salary exception.

Trades

Acquired Josh Giddey from the Thunder in exchange for Alex Caruso.
Acquired Chris Duarte, RaiQuan Gray (two-way), the Kings’ 2025 second-round pick, the Kings’ 2028 second-round pick, and cash in a three-team trade in exchange for DeMar DeRozan (signed-and-traded to Kings).
- Note: Gray was subsequently waived.

Draft picks

1-11: Matas Buzelis
- Signed to rookie scale contract (four years, $23,950,723).

Two-way signings

Adama Sanogo
DJ Steward

Departed/unsigned free agents

DeMar DeRozan (Kings)
Henri Drell (Trail Blazers)
Andre Drummond (Sixers)
Javonte Green (unsigned)

Other moves

Waived Andrew Funk (two-way).

Salary cap situation

Operating over the cap ($140.6MM) and below the luxury tax line ($170.8MM).
Carrying approximately $166.1MM in salary.
Hard-capped at $178,132,000.
$4,250,571 of mid-level exception available.
Full bi-annual exception available.
Two traded player exceptions available (largest worth $17,506,232).

The offseason so far

There was some good news for fans in Chicago this summer, as the Bulls’ front office finally accepted that roster changes were needed and that the group in place since 2021 wasn’t about to finally break through and become a contender.

The bad news? That decision probably came too late for the Bulls to get the most out of their veteran trade chips.

Chicago acquired a pair of future second-round picks along with Chris Duarte – a former first-round pick still on his rookie contract – in a sign-and-trade deal sending DeMar DeRozan to Sacramento. That’s a better outcome for the Bulls than letting their top scorer walk for nothing, but it’s a pretty modest return compared to what they might’ve gotten for DeRozan if they’d put him on the trade block before he reached unrestricted free agency.

The other two members of the Bulls’ one-time “big three” – Zach LaVine and Nikola Vucevic – didn’t go anywhere this offseason and may both still be on the roster on opening night. Their contracts (three years, $138MM for LaVine; two years, $41.5MM for Vucevic) are viewed as somewhat onerous relative to their on-court contributions.

While they could be traded, Chicago shouldn’t expect to receive much of value in return for either LaVine, who is coming off season-ending foot surgery, or Vucevic, who will turn 34 years old this October. In fact, moving off LaVine’s maximum-salary deal would probably require attaching assets at this point, so it might make more sense for the team to retain him in the hopes that he’ll increase his value by playing well this fall.

The most interesting move of the Bulls’ summer was trading defensive ace Alex Caruso for former lottery pick Josh Giddey, who had a tumultuous season both on and off the court in 2023/24. Based on reports that Chicago was seeking multiple first-rounders for Caruso, it came as a surprise that the club didn’t acquire a single pick in the deal, especially from a Thunder team loaded with future draft assets.

I understand the Bulls’ thinking to some extent. While his unreliable outside shot made him something of a liability in the postseason, Giddey is a talented ball-handler and play-maker who is still just 21 years old and is on his way to becoming a better pro than most mid-first-rounders in a typical draft class. A player with Giddey’s three-season track record certainly has a higher floor than an untested 19-year-old prospect.

On the other hand, Giddey is entering his fourth season and is currently eligible for a rookie scale extension. Even if he’s not extended by October 21, he’ll be due a major raise next summer when he reaches restricted free agency, whereas a draftee would’ve been on a team-friendly rookie contract for four seasons.

With Giddey expected to take over point guard duties, Patrick Williams back under contract on a five-year, $90MM deal, Jalen Smith added to the frontcourt on a three-year, $27MM contract, and lottery pick Matas Buzelis on track to play a role as a rookie, the Bulls are well on their way to leaning into a youth movement. However, the ongoing presence of LaVine and Vucevic complicates matters, leaving the team somewhat caught in the middle between play-in/playoff contention and a full-fledged rebuild.

Up next

Assuming there are no trades involving LaVine, Vucevic, or any other Bulls before opening night, 14 standard roster spots look spoken for, while the 15th is up for grabs.

Onuralp Bitim and Kenneth Lofton are among the players on non-guaranteed deals who appear to be in the mix for that last roster spot, and it’s possible the club will bring in one or two more players to compete for it in camp. Carrying a player with a non-guaranteed salary as the 15th man would give Chicago the flexibility to make an in-season change if need be.

The Bulls also have an open two-way slot, with Adama Sanogo and DJ Steward occupying two of those three openings for now. It’s possible that spot could be up for grabs in a camp competition too — Lofton and Marcus Domask are both on Exhibit 10 contracts that could be converted into two-way deals before the season begins.

Newcomers Giddey and Duarte are eligible for rookie scale extensions and I’d expect the Bulls to seriously consider signing Giddey. His stock could be much higher in a year than it is right now, assuming he thrives in Chicago with the ball in his hands more often, so locking him up sooner rather than later could pay off in the long run. A preseason agreement with Duarte, who has seen his playing time and production decline in each of his three NBA seasons, is hard to envision.

The only other Bull who is eligible for an extension is Lonzo Ball, but it’s safe to say that’s not happening either. Just getting on the court this fall would be a huge win for Ball, who has been sidelined for over two-and-a-half years due to knee issues. Barring an unlikely bounce-back season for the former No. 2 overall pick, he’s a strong candidate to have his expiring contract traded by February’s trade deadline — or to be waived before the end of the season, if he continues to miss time for health reasons.

Partizan Belgrade Confirms Additions Of Pokusevski, Other Former NBAers

August 19th, 2024 at 2:41pm CST by Luke Adams

The Serbian club KK Partizan, which is based in Belgrade and competes in the EuroLeague, held an event on Monday to formally introduce its roster for the 2024/25 season, according to Eurohoops.

Partizan’s squad features several players with NBA experience, including guards Frank Ntilikina and Gabriel Lundberg, whose deals were previously announced.

On Monday, the team also confirmed several signings which had been reported earlier in the summer but hadn’t yet been officially confirmed, such as Aleksej Pokusevski, Sterling Brown, Isaac Bonga, Duane Washington, and Brandon Davies.

Pokusevksi is perhaps the most notable name in the group. The 22-year-old forward was the 17th overall pick in the 2020 NBA draft and spent most of the past four seasons with the Thunder before being waived in February. He finished the season in Charlotte, averaging 7.4 points, 4.4 rebounds, and 1.7 assists in 19.2 minutes per game across 18 outings down the stretch for the Hornets.

Brown has 268 NBA regular season appearances under his belt, while Bonga has 143, Washington has 79, and Davies has 78. However, none of the four played in the league in 2023/24.

As Eurohoops notes, former NBA guard Carlik Jones will also play for KK Partizan this season, but wasn’t at Monday’s event — his flight was delayed, according to a report from Mozzart Sport, which indicates that Jones will be at the team’s first practice of the season this week.

Former NBA first-rounder Bruno Caboclo is also under contract with Partizan, but wasn’t in attendance on Monday and isn’t a lock to return to the club. He has reportedly received an offer from Hapoel Tel Aviv, a team in Israel.

Mid-Level, Bi-Annual Projections For 2025/26

August 19th, 2024 at 1:20pm CST by Luke Adams

The mid-level exception and bi-annual exception are the two key tools that an over-the-cap team typically has at its disposal to sign free agents from other clubs — or to re-sign one of its own free agents, if the player’s Bird rights aren’t available or aren’t sufficient.

The values of the mid-level, room, and bi-annual exceptions are tied to the salary cap and the percentage that it shifts in a given year. Here’s how that math works:

Non-taxpayer mid-level exception: Worth 9.12% of salary cap.
Taxpayer mid-level exception: Increases at the same rate as the salary cap.
Room exception: Worth 5.678% of the salary cap.
Bi-annual exception: Worth 3.32% of the salary cap.

As such, we don’t know yet exactly what those exceptions will be worth in 2025/26, but we can make an educated estimate. The NBA’s most recent projection for ’25/26 called for a cap of $154,647,000, which is the number we’ll use to project next season’s mid-level and bi-annual exceptions.

Based on a $154,647,000 cap, here’s what the mid-level and bi-annual exceptions would look like in 2025/26:

Mid-Level Exception

Year	Standard MLE	Taxpayer MLE	Room MLE
2025/26	$14,104,000	$5,685,000	$8,781,000
2026/27	$14,809,200	$5,969,250	$9,220,050
2027/28	$15,514,400		$9,659,100
2028/29	$16,219,600	–	–
Total	$60,647,200	$11,654,250	$27,660,150

The standard mid-level exception is available to over-the-cap teams who haven’t dipped below the cap to use room and whose team salary remains below the first tax apron. It can run for up to four years, with 5% annual raises. Once a team uses the standard/non-taxpayer MLE, that team is hard-capped at the first tax apron for the rest of the league year.

The taxpayer mid-level exception is for a team whose salary is between the first and second tax aprons, or teams who want the flexibility to surpass the first apron later. It can run for up to two years, with 5% annual raises. Once a team uses the taxpayer MLE, that team is hard-capped at the second tax apron for the rest of the league year.

The room exception is for teams who go under the cap and use their space. Once they’ve used all their cap room, they can use this version of the mid-level exception, which runs for up to three years with 5% annual raises.

Teams can use the non-taxpayer mid-level exception or the room exception – but not the taxpayer mid-level – to acquire a player via trade or waiver claim. The taxpayer MLE can only be used to sign players to new contracts.

Bi-Annual Exception

Year	BAE Value
2025/26	$5,134,000
2026/27	$5,390,700
Total	$10,524,700

The bi-annual exception – which can be used for contracts up to two years, with a 5% raise after year one – is only available to teams that are over the cap and below the first tax apron.

It can also only be used once every two years, which will disqualify the Rockets and Clippers from using it in 2025/26, since Houston and Los Angeles have used their BAEs in 2024/25.

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Hoops Rumors Originals

Raptors Sign Jared Rhoden To Exhibit 10 Contract

August 19th, 2024 at 11:56am CST by Arthur Hill

The Raptors have signed free agent guard Jared Rhoden, the team announced (via Twitter).

It’s an Exhibit 10 deal, a source tells Blake Murphy of Sportsnet (Twitter link), which means Rhoden will be invited to camp with no assurances of earning a roster spot or a two-way contract. He can receive a bonus worth up to $77.5K if he’s waived and spends at least 60 days with Toronto’s G League affiliate.

Rhoden, 24, played the past two years on two-way contracts with the Pistons, appearing in 31 total games. Last season he averaged 4.9 points and 1.9 rebounds in 17 games while shooting 50% from the field and 38.7% from three-point range.

A former standout at Seton Hall, Rhoden signed with the Trail Blazers after going undrafted in 2022. He was waived before the start of the season and claimed by the Hawks, who waived him the next day.

Toronto has now reached the training camp limit of 21 players, Murphy adds (Twitter link). That total breaks down to 14 guaranteed contracts, Bruno Fernando‘s non-guaranteed deal, three two-way players and three with Exhibit 10 contracts. That includes Quincy Guerrier, whose Exhibit 10 deal has been reported, but not confirmed by the Raptors. Murphy notes that the team has plenty of room below the tax line to make in-season roster moves.

Atlantic Notes: Yabusele, T. Jones, Randle, Brown

August 19th, 2024 at 11:05am CST by Arthur Hill

The roughly $2MM salary that Guerschon Yabusele will receive from the Sixers is less than his $2.5MM buyout with Real Madrid, but there’s another important financial consideration behind his decision to return to the NBA, according to BasketNews. Yabusele played two seasons with Boston after being selected with the 16th pick in the 2016 draft. Appearing in just one game this season will give him three years of NBA service, which makes him eligible for a pension and other benefits.

Under the NBA’s collective bargaining agreement, eligible players receive $1,001.47 per month for each year they spent in the league, up to a maximum of 10 years. If he leaves the NBA after his third season, Yabusele will begin receiving $36,052.92 each year after his 62nd birthday. Life insurance, disability insurance and dental, vision, and prescription drug insurance are also available for players who qualify.

It’s also unlikely that Yabusele will face financial hardship due to his buyout, BasketNews adds. NBA rules allow the Sixers to contribute $850K of that amount, and it has become common for teams to let players pay off the rest in installments, as Gabriel Deck and Facundo Campazzo recently did when they left their teams.

There’s more from the Atlantic Division:

Before signing with the Suns, Tyus Jones considered an offer from the Knicks worth about $10MM over two years, Ian Begley of SNY states in a mailbag column. Begley hears that Jones received at least one other offer that was significantly higher, and there were also sign-and-trade scenarios and the option to re-sign with Washington that would have paid him more than the minimum deal he accepted from Phoenix. However, Jones wanted to be starter on a contending team, and no one else in the market was able to offer him that chance.
Neither the Knicks nor Julius Randle appear to be in a hurry to reach an extension, Begley adds in the same piece. Randle became eligible for a new deal on August 3, but the two sides have until June 30 to hammer out an agreement. Begley notes that Randle is excited about the changes the team made this summer, specifically the addition of Mikal Bridges, and he’s looking forward to returning healthy for the start of camp.
On his social media account, Celtics swingman Jaylen Brown shared photos of intense underwater workouts over the weekend, relays Nick Goss of NBC Sports Boston.

International Notes: Yurtseven, Petrusev, T. Williams, 2028 Olympics

August 19th, 2024 at 9:31am CST by Arthur Hill

Omer Yurtseven has an agreement in principle to sign with Panathinaikos in Greece, according to Eurohoops, relaying a report from Greek news outlet SDNA. Panathinaikos has reportedly made an official offer for the 26-year-old center, and coach Ergin Ataman has given the club president a “green light” for the signing.

Sources tell Eurohoops that even though Yurtseven has reached an agreement with the team, he has requested a few more days to explore his NBA options before finalizing it. He has spent the past three years in the NBA, playing for Utah last season after two years in Miami. He had a $2.66MM non-guaranteed salary for 2024/25, but the Jazz opted to waive him in July.

Yurtseven started his career in Europe with Fenerbahce before heading to the U.S. to play collegiately with North Carolina State and Georgetown.

There’s more international news to pass along:

Filip Petrusev, who played three combined games with Philadelphia and Sacramento last season, may be returning to Crvena Zvezda, writes Johnny Askounis of Eurohoops. Petrusev remains under contract with Olympiacos after signing with the Greek team in November, but the 24-year-old big man is reportedly discussing a return to Belgrade. “We have not reached an agreement, yet. We were in talks,” team president Nebojsa Covic told Serbian television network Prva. “He expressed his desire. We worked on it and are working on it, especially with (Sasha) Vezenkov back.” Olympiacos doesn’t appear willing to part with Petrusev, issuing a statement in response that reads, “Mr. Covic should occupy himself with the players of his team instead of those of Olympiacos.” Petrusev played for Serbia in the Olympics.
Trevion Williams is part of the roster announced by ALBA Berlin for the upcoming season, per Eurohoops. The 23-year-old big man, who played four years at Purdue, was selected by the Suns’ new G League affiliate in the June expansion draft.
Danny Chau of The Ringer looks ahead to the 2028 Olympics, including some international prospects who are likely to make their debuts.

Jared McCain Seeks Veterans’ Advice As He Prepares For First NBA Season

August 19th, 2024 at 8:05am CST by Arthur Hill

Sixers first-round pick Jared McCain is trying to soak up as much knowledge as he can as he gets ready for his rookie season, writes Keith Pompey of The Philadelphia Inquirer. The 16th selection in this year’s draft is studying film and seeking advice from NBA veterans while preparing to carve out a role on a team that’s expected to be among the top contenders in the East.

“Kyle (Lowry) is somebody I watched his college highlights,” McCain said. “Obviously, his NBA highlights, just being a bigger, stockier guard. Tyrese (Maxey) is a younger player that I can learn from. And Joel (Embiid) as an MVP, I can learn just any ins and outs. Paul George, Reggie Jackson, the whole lineup is just people I can learn from. That’s really what I’m most excited for. Even if I don’t play, whatever happens, I’m just here to learn as much as possible so I can take it as far as I can.”

McCain has reached out to a number of current and former NBA point guards to get insight on their approach to the game, Pompey adds. That list includes former Sixers guard Patrick Beverley, who is headed to Hapoel Tel Aviv in Israel after finishing last season with Milwaukee.

“It’s funny, he gets a lot of slack for going overseas, not being in the NBA,” McCain said. “But the dude has made over $100 million in the NBA. You can kind of call it what it is. He has done really well in the NBA, and he’s been able to stay on teams. So that’s something that I can do. I just want to learn as much as I can whether it’s bringing energy or being that guy that can be the glue guy.”

Since draft night, McCain has been traveling the country to work on his game. He started with Summer League appearances in Salt Lake City and Las Vegas, then returned to Duke to work out with former college teammates. The next stop was the Sixers’ practice facility in Camden, New Jersey, before participating in an unofficial team minicamp held that Sixers assistant coach Rico Hines holds in Los Angeles.

According to Pompey, McCain was back in Philadelphia this week before flying to Carroll, Iowa, for head coach Nick Nurse’s charity golf tournament. He then returned to California to continue working out with his new teammates in preparation for the start of training camp next month.

“I got to do the Podcast P with Paul George podcast,” he said. “Tyrese was in there all of the time. The summer league team was mostly there. So, yeah, it was just getting to know everybody and seeing everybody back.”

McCain was an outstanding three-point shooter in college, connecting at 41.4% from beyond the arc in his only season with the Blue Devils and setting a Duke freshman record by sinking eight threes in a game. That didn’t carry over to Summer League, though, as he shot just 28.6% from the field and 25.5% from long distance. McCain is confident that he can help space the floor for the Sixers, but added that he’ll be happy with any role that gets him on the court.

“If it’s playing team defense and knowing rotations, and being out there, knowing how to play with everybody,” he said, “if that’s what it is, that’s what it is. I just want any chance to play, whether it’s point guard, or shooting guard or anything.”

Community Shootaround: Clippers’ Offseason

August 18th, 2024 at 7:19pm CST by Dana Gauruder

The Clippers’ brand new arena, the Intuit Dome, opened this week. They were hoping that by the time the building was ready, they’d have a title in hand or at least a championship-caliber club to entertain their fans.

Those plans haven’t panned out. The Clippers have been bounced in the opening round of the playoffs the past two seasons and lost one of their superstars in free agency this summer.

Paul George‘s departure to Philadelphia left the Clippers scrambling to piece together a contending club. The front office didn’t replace George with another star player.

Instead, they signed a younger forward in Derrick Jones Jr., who has been utilized mainly as a defensive stopper since he entered the league in 2016. Jones appeared in 76 regular-season games, including 66 starts, for Dallas last season. However, he was a relative afterthought on the offensive end, attempting only 6.5 shots per game in 23.5 minutes. His modest 8.6 PPG scoring average was still a career best, mainly due to the fact he got more playing time than in any previous season.

Kawhi Leonard‘s three-year extension kicks in this season but there are major questions regarding his long-term health. He dealt with right knee inflammation late in the regular season and missed four of the Clippers’ playoff games against Dallas. Leonard was replaced on the Team USA roster just prior to the Olympics due to lingering concerns about his knee.

The team’s other star, James Harden, was retained on a two-year deal. Harden averaged 16.6 points last season, his lowest figure since he was a sixth man with Oklahoma City early in his career. He will probably have to take a bigger scoring load to make up for the loss of George.

Los Angeles added some veteran frontcourt depth by signing Mohamed Bamba and Nicolas Batum. They also acquired Kris Dunn in a sign-and-trade to fortify the backcourt.

Their most eye-opening move was signing Kevin Porter Jr. in free agency. The talented but troubled young guard could be a facing a league suspension over a past domestic violence case. He may be the team’s most significant addition if all goes well — in his last season with Houston, he averaged 19.2 points and 5.7 assists per game.

That brings us to our topic of the day: Where you feel the Clippers rank in the Western Conference? Can they still be considered a playoff team or do you feel they might end up on the outside looking in?

Please take to the comments section to weigh in on this topic. We look forward to your input.

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