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Fischer’s Latest: Markkanen, Isaac, DeRozan, Lakers, D-Lo, Nets

July 1st, 2024 at 6:51pm CST by Luke Adams

The Jazz are “welcoming” inquiries on Lauri Markkanen, according to Jake Fischer of Yahoo Sports, who wonders if Utah’s offseason could play out like Brooklyn’s has. The Nets agreed to trade Mikal Bridges after efforts to pair him with an impact player came up short. Utah has also explored the trade market for a possible second star to complement Markkanen, talking to Brooklyn about Bridges (as previously reported) and to the Hawks about both Dejounte Murray and Trae Young, sources tell Fischer.

While it’s possible the Jazz will follow the Nets’ lead, selling off their lone star after failing to land another one, they don’t appear eager to part with Markkanen. According to Fischer, the Jazz have conveyed that they remain interested in renegotiating and extending Markkanen’s contract later this offseason and that listening to every offer for the star forward is just about due diligence.

As reported earlier today, both the Warriors and Spurs have interest in Markkanen, Fischer confirms, naming the Kings and Timberwolves as a couple more teams to watch. However, Sacramento’s reluctance to put Keegan Murray on the table in trade scenarios – which NBA personnel believe would be necessary to land Markkanen – may result in the Kings shifting their trade focus to Pelicans forward Brandon Ingram, Fischer writes. As for the Wolves, they’re operating over the second apron and barely have any future draft capital available, so it’s hard to envision a way for them to make a serious play for Markkanen.

Here’s more from Fischer:

The Magic may not end up using all of their cap room on free agents or trades — according to Fischer (Twitter link), they’re working on possibly renegotiating and extending forward Jonathan Isaac‘s contract. A team with cap space can use it to give a player a raise on his current-year salary, then reduce his salary by up to 40% in the first year of an extension, so Orlando may be looking at essentially giving Isaac a bonus this season to get him a team-friendly deal beginning in 2025/26.
Although LeBron James has expressed a willingness to take a pay cut if it allows the Lakers to bring in an impact player, Fischer writes that the team seems to be running out of potential targets – and time – to make that happen. The Lakers “hold an affinity” for DeMar DeRozan, but they’d likely have to incorporate a third team to move off some salary, including perhaps D’Angelo Russell or Gabe Vincent, to have a shot at DeRozan, according to Fischer.
The Nets could be a trade destination for Russell. Sources tell Fischer that Brooklyn has been open to the idea of a reunion with Russell since February’s trade deadline.
If Klay Thompson had re-signed with the Warriors, the plan was to bring him off the bench next season behind second-year guard Brandin Podziemski, according to Fischer. Thompson appears likely to be a starter in Dallas.

Mavericks To Acquire Klay Thompson In Three-Team Sign-And-Trade

July 1st, 2024 at 6:49pm CST by Luke Adams

6:49pm: The Warriors will receive a pair of second-round picks from Dallas to complete the Thompson sign-and-trade, according to reports from Shams Charania of The Athletic and Wojnarowski (Twitter links).

One of those picks will be the Mavs’ own 2031 second-rounder, Woj adds (via Twitter). The other will be the least favorable of the Sixers’ and Nuggets’ 2025 second-rounders, tweets Anthony Slater of The Athletic. That 2025 pick belonged to the Hornets, so it appears one of the second-rounders Charlotte is sending to Dallas is immediately being rerouted to Golden State.

Combining all of today’s reporting, it sounds like the trade will break down as follows:

Mavericks to acquire Thompson (via sign-and-trade) and a future second-round pick (from Hornets).
Hornets to acquire Green (into cap room).
Warriors to acquire either the Nuggets’ or Sixers’ 2025 second-round pick (whichever is least favorable; from Hornets) and the Mavericks’ 2031 second-round pick, in addition to generating a trade exception worth about $16MM.

1:34pm: After spending his first 13 NBA seasons with the Warriors, Klay Thompson is reportedly headed to Dallas. Thompson intends to sign a three-year, $50MM contract with the Mavericks, according to Adrian Wojnarowski of ESPN (Twitter links).

As Wojnarowski outlines, the plan is for the Mavs to acquire Thompson from Golden State in a three-team sign-and-trade, with swingman Josh Green heading from Dallas to the Hornets in the deal.

The Warriors and Mavericks are still working through the sign-and-trade details, according to reports from Chris Haynes of Bleacher Report and Anthony Slater of The Athletic (Twitter links), who both say that the deal isn’t considered done from Golden State’s perspective.

Jake Fischer of Yahoo Sports tweets that there’s a framework in place for a deal sending Green to Charlotte, while Rod Boone of The Charlotte Observer (Twitter link) also hears that the Hornets are in agreement on their part of the deal.

As Marc Stein tweets, it sounds like Thompson, the Mavs, and the Hornets are all on board, with just the Warriors left to sign off. Golden State doesn’t want to take back salary in the transaction, Stein adds.

Wojnarowski reports (via Twitter) that the Hornets will be sending Dallas a pair of second-round picks for Green and that one of those second-rounders may be rerouted to Golden State.

The 11th pick of the 2011 draft, Thompson is one of the most accomplished shooters in league history, ranking sixth all-time in three-pointers made. The 34-year-old, who has knocked down 41.3% of his attempts from long distance over the course of his career, made five All-Star teams and won four championships with the Warriors.

While Thompson has remained an extremely productive rotation player, averaging 17.9 points per game with a .387 3PT% in 77 games (29.7 MPG) this past season, he has lost a step since suffering a torn ACL in 2019 and a torn Achilles in 2020. He was removed from the starting lineup in Golden State this season and his relationship with the franchise appeared to fray leading up to the expiration of his contract, resulting in Saturday’s news that he intended to leave the Warriors for a new team.

Thompson reportedly intended to talk to the Lakers, Clippers, and Sixers in addition to the Mavs when free agency opened on Sunday, with the Magic among the other teams said to have interest in the veteran sharpshooter. According to Wojnarowski (Twitter link), Thompson had four-years offers worth more overall money available, but the opportunity to win another championship and the difference in state taxes were among the factors that made him choose Dallas.

Thompson will give the Mavs another shooter on the wing alongside star guards Luka Doncic and Kyrie Irving. So far this offseason, the team has essentially swapped out three wings – Tim Hardaway, Derrick Jones, and now Green – for three new ones: Thompson, Naji Marshall, and Quentin Grimes.

Assuming the deal is completed as reported, the Mavs’ team salary will be a few million above the tax line and about $3MM below the first apron, which will be their hard cap, per cap experts Bobby Marks of ESPN and Yossi Gozlan (Twitter links).

The Hornets were interested in Green back at the trade deadline when they worked out a separate deal with Dallas involving P.J. Washington, notes Fischer (via Twitter). They’ll get their man now and – based on the details reported so far – figure to operate as an under-the-cap team in order to take the incoming salaries of both Green and Reggie Jackson, whom they’re acquiring in a trade with Denver.

The Warriors, meanwhile, will be in position to create a trade exception worth Thompson’s new salary if they don’t take back any contracts in the deal. With Thompson and Chris Paul off their books for 2024/25, the Dubs have some newfound financial flexibility and appear poised to use their full mid-level exception to sign free agent guard De’Anthony Melton.

Hinton, Samuels Rejoining Rockets On Exhibit 10 Deals

July 1st, 2024 at 6:16pm CST by Dana Gauruder

Nate Hinton and Jermaine Samuels Jr. have agreed to Exhibit 10 deals with the Rockets that are expected to eventually be converted to two-way deals, according to Jonathan Feigen of the Houston Chronicle.

They were on two-way deals with Houston last season, then briefly became unrestricted free agents when Houston didn’t extend a qualifying offer to either player.

Hinton appeared in 15 games with Houston last season but only averaged 5.0 minutes in those outings. He’s also played for Dallas (21 games) and Indiana (two games) after going undrafted out of the University of Houston.

Samuels played 14 games as a rookie last season but only averaged 4.3 minutes. He went undrafted out of Villanova.

Both players spent a chunk of time last season with the G League Rio Grande Valley Vipers.

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.

Hinton got a “max” Exhibit 10 deal, Kelly Iko of The Athletic tweets, meaning he could earn a bonus of $77.5K. The maximum Exhibit 10 bonus, which was $75K last season, increases at the same rate as the salary cap.

Magic Re-Sign Goga Bitadze On Three-Year Deal

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

JULY 6: The Magic have officially re-signed Bitadze, the team announced today in a press release.

JULY 1: 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.

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 Sign Stanley Umude To Two-Way Contract

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

JULY 9: Umude has officially signed with the Bucks, according to the NBA’s transaction log.

JULY 1: 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.