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Celtics Sign Anton Watson To Two-Way Contract

August 2nd, 2024 at 3:38pm CST by Arthur Hill

3:38pm: Watson’s two-way contract with the Celtics is official, according to the team (Twitter link).

12:39pm: Second-round pick Anton Watson will sign a two-way contract with the Celtics, a league source tells Adam Himmelsbach of The Boston Globe (Twitter link).

The 23-year-old small forward was the 54th selection in this year’s draft after playing five seasons at Gonzaga. He averaged career highs of 14.5 points, 7.1 rebounds and 2.6 assists last season while shooting 57.8% from the field and 41.2% from three-point range.

Watson played for Boston’s entry in the Las Vegas Summer League, putting up 11.8 points and 5.2 rebounds in five games.

Watson is eligible to appear in up to 50 NBA games on his two-way deal, but he’ll likely spend most of his rookie season in the G League given the quality of the Celtics’ roster. Once Watson’s signing is complete, he’ll join JD Davison and Drew Peterson as Boston’s two-way players.

TyTy Washington Signs Two-Way Contract With Suns

August 2nd, 2024 at 2:34pm CST by Arthur Hill

2:33pm: Washington’s contract is official, the Suns announced (via Twitter).

10:12am: Free agent guard TyTy Washington will sign a two-way contract with the Suns, agent Kevin Bradbury of Lift Sports tells ESPN’s Adrian Wojnarowski (Twitter link).

Washington, 22, appeared in 11 games with Milwaukee last season on a two-way deal, averaging 1.3 PPG in 5.1 minutes per night. He spent much of the season in the G League with the Wisconsin Herd.

Washington was a first-round selection out of Kentucky in the 2022 draft, taken by Houston with the 29th pick. He was limited to 31 games as a rookie while also splitting time in the G League.

The Rockets shipped Washington to Atlanta last summer as part of a complex five-team deal. Four days later, the Hawks moved him to Memphis, which eventually waived him, and he signed with the Bucks in late August.

The addition of Washington will fill Phoenix’s last open two-way slot. Collin Gillespie and Jalen Bridges were signed to two-way deals last month.

Olympic Notes: Greece, Fernandez, L. Brown, Hachimura

August 2nd, 2024 at 1:54pm CST by Arthur Hill

Nobody was cheering harder for Canada in today’s Olympic matchup than the Greek basketball team. After defeating Australia this morning, Greece needed a Canadian victory over Spain to have an opportunity to advance out of pool play. Canada improved to 3-0 with an 88-85 win, leaving three teams tied at 1-2 in Group A. Under the Olympic tie-breakers, Australia finishes second, with Greece third and Spain eliminated at fourth.

Greece’s fate still hasn’t been decided, explains Eric Nemh of The Athletic. There are several scenarios that could still work in their favor, but the easiest is for Serbia to defeat South Sudan by at least three points on Saturday in the final game of pool competition.

Giannis Antetokounmpo led the way for Greece again today with 20 points, seven rebounds and six assists. Although Antetokounmpo has been brilliant throughout the tournament, teammate Thomas Walkup told BasketNews that Greece shouldn’t be viewed as a one-man team.

“He [Giannis] would say the same thing — it doesn’t really matter,” Walkup said. “We win as a team, we lose as a team. You know, this Australia versus Giannis isn’t how it is for us.”

There’s more from the Olympics:

Spain’s loss ends the long international career of Rudy Fernandez, who was playing in his fifth Olympics. The 39-year-old has three Olympic medals and is a two-time FIBA World Cup champion. “Being so competitive, being so committed to this team. It was no matter his health or how his personal situation was. He was always there,” Spain coach Sergio Scariolo said in a separate BasketNews story. “That’s a great example for his teammates here in this team, for the ones who are coming after him and, for sure, for players from all over the world because not everybody can have the jumping ability, the skills, the talent, or the size, but everybody should try. I would say not everybody can have a talent, for sure, but at least they should try to look at this example and see that there is a kind of room for compensating different liabilities or flows with a superior mental and emotional effort.”
Spanish teammate Lorenzo Brown doesn’t consider his Olympic career to be over, even though he’ll be close to 38 by the 2028 Games, per Donatas Urbonas of BasketNews (Twitter link). “No way, no way, man,” said Brown, who played five NBA seasons before continuing his career internationally. “I want to get back to the Olympics and give it another shot at it.”
Lakers forward Rui Hachimura wasn’t available for Japan’s final game on Friday due to an injured left calf, writes Kyle Hightower of The Associated Press. Hachimura left the team after an MRI confirmed an injury to his gastrocnemius muscle.

Cavs Sign Jarrett Allen To Three-Year Extension

August 2nd, 2024 at 1:22pm CST by Luke Adams

AUGUST 2: Allen’s extension is official, the Cavaliers announced in a press release.

“We couldn’t be more excited that Jarrett Allen chose to extend in Cleveland for the prime of his career,” president of basketball operations Koby Altman said. “Jarrett’s growth as a player, at just 26 years old, was accelerated when he earned his first All-Star selection in 2022. He is the anchor of our core group of players and his presence fits our vision for sustainable success. Jarrett also embodies the culture and values of our organization, and we look forward to achieving even greater things together.”

JULY 31: The Cavaliers and center Jarrett Allen have agreed to a three-year extension that will begin in 2026/27, when the big man’s current deal expires, agent Derrick Powell tells Adrian Wojnarowski of ESPN.

According to Wojnarowski, the deal will be worth the maximum that Allen can receive on a veteran extension, which is just shy of $91MM over three years.

Players are permitted to receive up to 40% raises in the first year of an extension and Allen will make $20MM in 2025/26. That means he’ll earn $28MM in the first year of his new deal, followed by salaries of $30.24MM in ’27/28 and $32.48MM in ’28/29, for a total of $90.72MM.

Allen, 26, has spent the past three-and-a-half seasons in Cleveland, emerging as one of the NBA’s most reliable starting centers during that time. After starting his career in Brooklyn, he became a Cavalier as a result of the four-team blockbuster trade in January 2021 that sent James Harden to Brooklyn, then re-signed with the Cavs on a five-year, $100MM contract during the summer of 2021.

Allen was named an All-Star in 2022 and has averaged 15.1 points, 10.3 rebounds, 2.0 assists, and 1.2 blocks in 31.8 minutes per game with a .642 FG% across 252 outings (241 starts) since arriving in Cleveland. He established new career highs in PPG (16.5) and APG (2.7) this past season, but a rib injury in April ended his season early, sidelining him for the Cavs’ last eight playoff games, including the entire second-round series vs. Boston.

Allen is the third Cavaliers starter to agree to a lucrative multiyear contract extension this offseason, joining Donovan Mitchell and Evan Mobley. Cleveland will now have its top four players – Mitchell, Mobley, Allen, and Darius Garland – under contract through at least 2027 — Mitchell holds a player option for 2027/28.

While Allen has been the subject of some trade speculation in recent years – the Pelicans are known to have significant interest in him – signing this extension will make him ineligible to be dealt for six months.

Unless he waits until August 7 or later to sign his new contract, Allen will become trade-eligible prior to the February 6 trade deadline.

Sixers, Cavs Among Teams In Mix For Marcus Morris

August 2nd, 2024 at 8:58am CST by Luke Adams

Veteran forward Marcus Morris remains unsigned over a month into free agency, but it sounds like he has no shortage of options. Sources tell Keith Pompey of The Philadelphia Inquirer that the Sixers, Cavaliers, Hornets, Pistons, Heat, Pelicans, and Timberwolves have all shown some level of interest in Morris.

According to Pompey, Philadelphia and Cleveland appear to be the most likely landing spots for Morris. The Sixers are the 34-year-old’s hometown team and could use a power forward, but they’re limited to offering a minimum-salary contract. Morris finished last season with the Cavaliers, who are willing to offer him nearly double the minimum salary, sources tell Pompey.

Morris said that he “really enjoyed” his time in Cleveland and referred to the organization as “top-notch,” but also admitted he likes the idea of returning to his hometown team in Philadelphia.

“It felt like it was something that just helped my career,” Morris said of playing for the Sixers earlier in the 2023/24 season. “You know sometimes you’ve been doing it for so long that you find different things that get you up for playing. Being home is one of those things for me. … I just felt so free. I just felt so much love. So it’s like, yeah, man, I would definitely entertain coming back. I just hope … we can get something going hopefully.”

As Pompey explains, the 76ers currently have 13 players on standard contracts and will likely keep a 15-man roster spot open to start the regular season, so they’ll likely add just one more player. It’s unclear if Morris is their top target. Sources tell The Inquirer that Philadelphia also has some interest in sharpshooting power forward Davis Bertans.

As for the Cavs, this is just my speculation, but they may want resolution on Isaac Okoro‘s restricted free agency before they move forward with other free agents. Whether they re-sign Okoro or sign-and-trade him, resolving his situation would give them a better idea of where their team salary stands relative to the luxury tax line and tax aprons.

As Morris weighs his options and waits for offers, he tells Pompey that he’s willing to be patient as he prioritizes finding the right fit.

“I know the game. I’ve been around 14 years. I’m still playing,” the veteran forward said. “I just want to come in and help a team, be a voice, be a vet, but still compete at a high level. I also want to be somewhere I already know what the team needs. I want to be a piece that’s versatile and playing, either starting or coming off (the bench), and helping younger guys and things like that.

“… I’m just taking my time, because everybody needs a vet that can still play and (be a part of a) good situation in the locker room. I’m just taking my time to see what comes to be, what’s good for both sides.”

The Complexities Of The Lauri Markkanen Situation

August 2nd, 2024 at 8:15am CST by Luke Adams

On the surface, the Lauri Markkanen situation in Utah looks relatively straightforward.

The Finnish forward is a star on an expiring contract playing for a team very much still in a rebuilding stage. The Jazz will have to make a decision that lottery teams face all the time. Does it makes more sense to trade Markkanen now in order to bottom out ahead of the 2025 draft and ensure they don't lose him later for nothing, or to hang onto the 27-year-old and attempt to sign him long-term to make him part of the core moving forward?

It's not simply a matter of choosing one course or the other though. A confluence of factors, such as the Jazz's $30MM+ in cap room, Markkanen's contract situation (including an unusually low cap hit for a former All-Star), and a series of rules in the NBA's Collective Bargaining Agreement, create added complications.

The Jazz will have decisions to make beyond just whether or not to trade Markkanen. He, in turn, will face decisions of his own, as soon as next week.

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Olympic Notes: Maluach, Deng, Tatum, Embiid, Team USA

August 1st, 2024 at 10:09pm CST by Alex Kirschenbaum

Seventeen-year-old South Sudan center and projected 2025 NBA lottery pick Khaman Maluach recently expressed his gratitude to be enjoying an Olympic experience so early in his career, writes Marc J. Spears of Andscape. The 7’2″ big man will play for Duke in the fall.

“To me, this whole experience is sometimes feels like I’m living in a dream at 17 years old. Big dreams. And I’m just a small-town kid chasing big dreams in the big city,” Maluach told Spears.

As Spears notes, South Sudan only gained its independence from Sudan in 2011. The country does not yet have a single indoor basketball court, but that didn’t stop it from qualifying for the Olympics this year.

“Right now, we’re going to celebrate our win, be grateful for our first Olympic game and our first win,” Maluach said after Team South Sudan bested Team Puerto Rico on Sunday, 90-79. “So, I’m going to celebrate until 12 midnight. We put this game aside and get ready for the next game.”

Following South Sudan’s loss to Team USA on Wednesday, the team can qualify for the quarterfinals either with a win over Serbia on Sunday or with some tiebreaker luck in the event of a Sunday loss.

There’s more out of the Olympics:

Former two-time All-Star Luol Deng, who has been self-funding South Sudan’s basketball program since 2021, is watching his vision for the team get fully realized in these Olympics, writes Marcus Thompson II of The Athletic. “Every time we play, the whole nation stops to watch us play,” head coach Royal Ivey said. “We’re bringing them together. We’re uniting the fans and the people of South Sudan. And that’s way bigger than wins and losses.” According to Thompson, Deng was offered front office work by his old team, the Bulls, as well as the Bucks after he retired in 2019. But he felt the pull to return to South Sudan and build up the basketball club. “It was never about being famous or making money and leaving home,” Deng said of his NBA career. “It was all about being successful and returning home. So it’s kind of cool that I can come back and get things done now — which is just, in a way, it’s a dream come true.”
Eastern Conference All-Stars Jayson Tatum, and Joel Embiid are undergoing a rare-for-them humbling experience through Team USA’s group play games, writes Joe Vardon of The Athletic. Both have been healthy scratches for one of the club’s two group play blowout victories at the Paris Olympics. Pacers All-Star point guard Tyrese Haliburton has too. “Definitely a humbling experience, right?” Tatum said. “Win a championship, new contract, cover of (NBA) 2K (video game) and then you sit a whole game. Cover of Sports Illustrated. So it was definitely a humbling experience.”
After playing a few unexpectedly close tune-up games prior to the official start of the Olympics, a loaded Team USA looked vulnerable against a field with more NBA talent than ever. Two games into the pool play phase, the U.S. has left little doubt that it’s by far the best club out there, writes Chris Mannix of Sports Illustrated. Head coach Steve Kerr‘s multifaceted team has looked virtually unbeatable since Kevin Durant returned to the lineup. The Suns All-NBA forward had missed all five of Team USA’s exhibition matchups with a calf strain.

Spurs To Fully Guarantee Julian Champagnie’s 2024/25 Salary

August 1st, 2024 at 8:07pm CST by Alex Kirschenbaum

The Spurs will fully guarantee the 2024/25 salary for small forward/shooting guard Julian Champagnie, sources tell Michael Scotto of HoopsHype (Twitter link).

The 6’8″ swingman will earn $3MM in 2024/25 for a rebuilding San Antonio club. The team would have had to waive him on or before Thursday to avoid guaranteeing that $3MM.

As Scott observes, Champagnie started in 59 of his 74 contests with the club last year during a 22-60 season.

Across those 74 healthy games, he averaged 6.8 points per contest with a .408/.365/.815 shooting line. Champagnie also recorded 2.8 rebounds, 1.4 assists, 0.6 blocks and 0.6 steals in just 19.8 minutes per night.

The 23-year-old wing went undrafted out of St. John’s in 2022, where he had earned a pair of First-Team All-Big East accolades.

The Sixers signed him to a two-way deal in 2022/23, though Philadelphia eventually cut him that February. San Antonio quickly snagged him off waivers.

Nothing is guaranteed beyond 2024/25 for Champagnie on the final two seasons of his four-year deal. He’s owed $3MM in 2025/26, which is non-guaranteed until August 1, 2025. The Spurs hold a $3MM team option for the 2026/27 season.

San Antonio now has 15 players on guaranteed standard contracts for ’24/25.

Bucks Waive Jaylin Galloway

August 1st, 2024 at 7:18pm CST by Alex Kirschenbaum

The Bucks have waived two-way player Jaylin Galloway to create a roster spot for reported new two-way addition Anzejs Pasecniks, per Keith Smith of Spotrac (Twitter link).

An Australian-born swingman, Galloway opted to forgo college in favor of playing for the Sydney Kings in Australia’s National Basketball League as a developmental prospect beginning in 2020. He eventually won a championship with Sydney in 2022 and has also played for a pair of NBL1 North semi-pro teams, the Mackay Meteors and Ipswich Force.

Galloway, 21, inked a two-way deal with the Bucks in March this past season. However, he didn’t appear in a game for Milwaukee during his tenure with the team.

Across seven contests with the Bucks’ NBAGL affiliate squad, the Wisconsin Herd, Galloway averaged 4.7 points on a .406/.143/.667 shooting line, along with 3.4 rebounds, 1.4 assists and 1.3 blocks per game.

In Galloway’s stead, Pasecniks now joins the Bucks’ two remaining two-way players, point guard Ryan Rollins and shooting guard Stanley Umude.

Knicks Sign Chuma Okeke

August 1st, 2024 at 6:16pm CST by Rory Maher

6:16pm: The Knicks have officially announced (via Twitter) the signing of Okeke to an Exhibit 10 deal.

12:04pm: The Knicks plan to sign free agent forward Chuma Okeke, sources tell Michael Scotto of HoopsHype (Twitter link).

Okeke, who played a couple of college seasons at Auburn, was the 16th overall pick of the 2019 draft. He has spent the past five years with the Magic, holding career averages of 6.3 points, 3.7 rebounds and 1.5 assists in 189 regular season games, including 55 starts (20.3 minutes per contest). He posted a .383/.318/.789 shooting line over that span.

Okeke had an unusual start to his professional career, as he didn’t sign his rookie scale contract until 2020, a year after he was drafted, due to a torn ACL. That meant he hit free agency a year later than his 2019 first-round draft classmates as well. He became an unrestricted free agent when Orlando chose not to give him a $7.4MM qualifying offer.

Known primarily for his excellent work on the defensive end, Okeke has unfortunately battled injuries since he turned pro, playing between 27 and 47 games in three of his four active seasons. He was not a rotation regular in 2023/24 for Orlando, averaging a career-low 9.2 minutes per contest.

While the terms of the contract were not disclosed, it seems likely be a one-year, minimum-salary deal, perhaps with a partial guarantee. The Knicks currently have 14 players on standard contracts, so Okeke could be battling for a potential 15th spot in training camp, assuming the team decides to carry a full roster.