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Hawks Waive Bruno Fernando

July 30th, 2024 at 2:28pm CST by Luke Adams

2:28pm: The Hawks have officially cut Fernando, according to a press release from the team.

1:08pm: The Hawks are waiving big man Bruno Fernando, according to Shams Charania of The Athletic (Twitter link).

The move will let Atlanta off the hook for Fernando’s $2,717,391 salary for the 2024/25 season. That money was set to become fully guaranteed if the 25-year-old remained under contract through this Thursday. By waiving him before then, the Hawks will be able to remove it all from their cap, taking the team’s salary below the luxury tax line.

Fernando’s salary guarantee date was originally set for June 29. He and the Hawks reached an agreement to move it back to July 10, then pushed it back again to August 1.

Given that Atlanta likely would have waived him on June 29 or July 10 if he hadn’t agreed to move back his guarantee date, Fernando had some incentive to play ball in the hopes of receiving his full salary, like he did a year ago after the team postponed his guarantee deadline, then ultimately hung onto him.

It looks like it won’t work out for him this year though, and it may be more difficult for him to find a new NBA home this late in the offseason, with fewer roster spots available around the league. Still, the free agent market for centers has been picked pretty clean, so he should immediately become one of the most intriguing options available.

A five-year veteran who was a second-round pick in 2019, Fernando began his NBA career with the Hawks and was traded back to Atlanta in February 2023.

After playing eight games for the Hawks down the stretch of the 2022/23 season, he didn’t play much at all in the first half of ’23/24, appearing in just 13 of Atlanta’s first 49 games for an average of 6.5 minutes per contest. However, he was thrust into a larger role in the second half due to a series of frontcourt injuries, averaging 7.6 PPG and 5.2 RPG while shooting 59.4% from the floor and 70.1% from the line over his final 32 games (18.7 MPG).

Assuming the Hawks officially waive Fernando before 4:00 pm CT on Tuesday, he’ll be on track to clear waivers on Thursday. A team interested in placing a claim would have to commit to guaranteeing his 2024/25 salary.

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Nuggets Sign Spencer Jones To Two-Way Contract

July 30th, 2024 at 2:22pm CST by Luke Adams

JULY 30: The Nuggets have officially signed Jones to a two-way contract, they confirmed today in a press release.

JULY 19: The Nuggets will fill their open two-way contract slot by signing undrafted rookie free agent Spencer Jones to a two-way deal, reports Bennett Durando of The Denver Post (Twitter link).

A 6’7″ forward, Jones spent all five of his college seasons at Stanford from 2019-24, starting 139 of his 146 games during that time. As a super-senior last season, he averaged 11.7 points, 4.1 rebounds, 2.0 assists, and 1.4 steals in 29.1 minutes per game, with a shooting line of .438/.409/.645.

Jones was a 39.7% three-point shooter on 5.4 attempts per contest across his five seasons with the Cardinal, setting a school record with 315 career made three-pointers. Denver likes his combination of size, skill, and shooting, according to Durando.

Jones was on the Trail Blazers’ Summer League roster in Las Vegas. He came off the bench in Portland’s first game last Saturday, but was ruled out for Monday’s contest due to an illness and hasn’t played since.

Denver filled its other two-way slots earlier this month by signing two other undrafted rookies, Trey Alexander and PJ Hall. Once they complete their reported signings of Jones, Russell Westbrook, and DeAndre Jordan, the Nuggets will have 15 players on guaranteed standard contracts and three on two-way deals, so they’ll essentially be set for the regular season.

A player who spends the entire 2024/25 season on a two-way deal will be eligible to appear in up to 50 NBA regular season games and will earn a salary of $578,577.

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Hawks Sign Dominick Barlow To Two-Way Deal

July 30th, 2024 at 2:18pm CST by Luke Adams

4:41pm: The signing is official, according to a team press release.

2:18pm: The Hawks and free agent forward Dominick Barlow have agreed to terms on a two-way contract, agent Todd Ramasar tells Adrian Wojnarowski of ESPN (Twitter link).

Barlow, 21, spent most of the past two seasons on two-way contracts with the Spurs, earning a promotion to San Antonio’s standard roster in early March. The Spurs signed Barlow to a rest-of-season contract that expired this summer and then didn’t issue him a qualifying offer in June, so he became an unrestricted free agent.

Barlow appeared in 61 NBA games with the Spurs across his two seasons with the club, averaging 4.2 points, 3.5 rebounds, and 1.0 assist in 13.6 minutes per contest. The former Overtime Elite prospect impressed at the G League level, putting up 23.7 PPG, 7.7 RPG, and 1.7 APG with a .569 FG% in 19 Showcase Cup and regular season games (33.2 MPG) for the Austin Spurs in 2023/24.

The Hawks previously signed Seth Lundy and Keaton Wallace to two-way deals, so Barlow will fill the lone remaining opening.

While there’s nothing to stop Atlanta from moving players in and out of those two-way slots up until (and beyond) the start of the regular season, for the time being there’s no room for second-round pick Nikola Djurisic, who underwent foot surgery last week.

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Blazers’ Grant, Simons Still Candidates To Be Traded

July 30th, 2024 at 12:42pm CST by Luke Adams

The Trail Blazers made a handful of trades right around this year’s draft in June, including agreeing to acquire Deni Avdija from Washington in a deal that was eventually finalized in July. Portland hasn’t been active on the trade market since then, but Aaron Fentress of The Oregonian wouldn’t be shocked if the club makes one more big move later this summer or in the fall.

“I would be surprised if Jerami (Grant) or Anfernee Simons, if one of the two is not moved,” Fentress said during an appearance on Sactown Sports 1140 in Sacramento (YouTube link; hat tip to HoopsHype). “I was told that that’s definitely the goal, that one of the two would probably be gone before training camp. Both being gone? That might be different. They obviously have time. They can wait until the trade deadline and see if someone else will offer more.”

As Fentress explains, the Trail Blazers have made it clear that they view Scoot Henderson and Shaedon Sharpe as franchise building blocks in the backcourt, but Simons is probably better than both of them right now.

That could create problems this fall, Fentress suggests, since the Blazers will have to decide whether they want to start all three guards or if Simons will be in the lineup over one of those cornerstone players. If Simons isn’t in the starting five, he likely wouldn’t be thrilled with his situation, Fentress speculates.

As for Grant, there’s no real urgency for the Blazers to make a move there, since they don’t have a similar logjam at forward and the 30-year-old is under contract for at least three more seasons. But Fentress believes Grant would like to spend his remaining prime years with a team closer to contention rather than one going through a rebuild.

“I predict both of them will be gone by next summer,” Fentress said.

While Fentress didn’t mention the center position, that may be another spot where something has to give sooner or later. Portland selected Donovan Clingan in this year’s draft lottery, adding the rookie to a group of fives that already includes Deandre Ayton and Robert Williams. Williams has battled injuries and Clingan may not be ready to play a significant role right away, so the club may stick with all three big men in the short term, but it seems unlikely they’ll all be part of the Blazers’ long-term future.

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Signed Second-Rounders To Count Against Cap As Of Wednesday

July 30th, 2024 at 10:55am CST by Luke Adams

Between July 1 and July 30 of each NBA league year, a player signed using the second-round pick exception doesn’t count toward his team’s cap, but that changes as of July 31. Beginning on Wednesday, each of the second-rounders signed using that exception will begin carrying 2024/25 cap hits.

[RELATED: 2024 NBA Draft Pick Signings]

Twenty-eight of the NBA’s 30 teams are operating over the cap, so this change will really only affect two teams: Detroit and Utah.

The Pistons signed No. 37 overall pick Bobi Klintman on July 13 to a contract that will be worth $1,257,153 in 2024/25. His $1,257,153 salary hasn’t counted against Detroit’s cap up until today, but it will count starting on Wednesday. That means Detroit’s cap room will be reduced from $11,496,652 to $10,239,499.

The impact that change will have on the Pistons’ rest-of-summer plans is minimal, bordering on nonexistent. But it’s still worth noting since it slightly affects the kind of moves the team can make. For example, as of today, Detroit could accommodate a P.J. Tucker salary dump from the Clippers without sending back any salary. As of Wednesday, that wouldn’t be possible.

Interestingly, the Jazz have yet to sign No. 32 overall pick Kyle Filipowski, so their cap situation will remain unchanged on Wednesday. With reported deals for Drew Eubanks and Johnny Juzang still not official yet either, Utah could create up to about $35MM in space by renouncing various cap holds.

I expect the Jazz are waiting to resolve their Lauri Markkanen situation – either via trade or renegotiation-and-extension – before signing Filipowski and formally finalizing their other agreements. Trading Markkanen could mean taking on additional salary in a deal, while renegotiating his contract could require up to $24MM+ in cap room to bump his 2024/25 salary to the max.

Having resolution on Markkanen – which could happen in about a week when he becomes renegotiation-eligible – will give Utah’s front office a better sense of its cap situation going forward, allowing the team to move forward with its other business.

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Jazz Rumors: Markkanen, Lineup, Collins, Clarkson

July 30th, 2024 at 9:34am CST by Luke Adams

Jazz forward Lauri Markkanen will become eligible to renegotiate and extend his contract on August 6. Signing on that day would make him ineligible to be traded for six months, with the trade restriction lifting on the day of the 2025 trade deadline (February 6).

Making a Monday appearance on The Drive with Spence Checketts on ESPN 700 in Salt Lake City (audio link), Tony Jones of The Athletic explained why he’s not counting on an Aug. 6 announcement.

“I would expect him to sign on August 7th, or after August 6th,” Jones said (hat tip to HoopsHype). “Lauri doesn’t want to be traded, so if he signs the renegotiation and extension, which I expect him to do, I expect him to do it after August 6th so there’s no trade talk this year. I don’t even think him signing on August 6th is even that much of an option. We’re almost 100% trending towards him signing on August 7th.

“Lauri has really taken to Utah. His family has taken to Utah. Obviously the Jazz can trade him between now and August 6th, and Lauri knows that, but Lauri has forged a really close relationship with (head coach) Will Hardy. And Will Hardy has really found a way to unlock his career in a manner that hasn’t been accomplished before. Lauri really recognizes that, understands that, and appreciates that. He wants to be a part of the rebuild.”

Jones confirms that the Jazz explored making “win-now” transactions at the start of the offseason, including pursuing Mikal Bridges. After those moves didn’t come to fruition, the expectation was that Utah might pivot to a more full-fledged rebuild by trading Markkanen. But Jones says the Jazz believe the 27-year-old’s game will age well and that he should still be in his prime when the team is ready to contend again.

“The likely scenario is Lauri signs on August 7th, the Jazz prioritize the young guys during the season, and they try to enter the Cooper Flagg sweepstakes in the draft in 2025,” Jones said.

Here are a few more highlights from Jones’ ESPN 700 radio appearance:

  • Later in his conversation with Checketts, Jones stressed that he doesn’t believe a Markkanen trade is likely to happen this offseason. Asked to rate the odds of a deal on a scale from one to 10, Jones said he’d “probably put it at a two” for the time being. “I think we’re trending toward the Jazz not trading Lauri,” he said. “I don’t think that there’s a package out there that they’re overly interested in.”
  • Asked what it would look like for the Jazz to “prioritize the young guys” in 2024/25, Jones said he expects the team to start Walker Kessler over John Collins at center while also potentially starting Keyonte George at point guard and Taylor Hendricks at power forward (with Markkanen at the three). Jones added that he could see 2024 lottery pick Cody Williams playing double-digit minutes “from day one.”
  • According to Jones, making sure the Jazz keep their top-10 protected 2025 first-round pick and end up in the top half of the lottery figures to be a priority for management. “I think that the front office is going to go into this with the mindset of, ‘We have to do anything we can to get a top-five pick in this draft,'” Jones said. “I believe that if the Jazz accomplish that, I think any of the top five picks in next year’s draft is a guy with franchise-level talent. … I think the Jazz realize how good this draft is. And I think they are going to act accordingly, whether they have Lauri on the roster or not.”
  • Jones thinks the Jazz would have liked to move Collins and/or Jordan Clarkson this offseason, but acknowledges that both veterans will probably open the season on the roster since they haven’t generated real interest on the trade market. “You can’t trade people if there aren’t people who want to trade for them,” Jones said. “John makes a little bit too much money. I don’t anticipate the Jazz being able to trade him until the last year of his contract. Jordan Clarkson is the one that surprises me because I thought he’d have a lot more of a market this summer, but it just hasn’t materialized.”
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Chimezie Metu Signs With Barcelona

July 30th, 2024 at 8:26am CST by Luke Adams

After spending his first six professional seasons in the NBA, free agent big man Chimezie Metu will continue his career overseas, having signed a one-year contract with Barcelona, the Spanish club announced in a press release.

The 49th overall pick in the 2018 draft, Metu began his career with the Spurs before signing with the Kings in 2020. He emerged as a regular rotation player in Sacramento, starting 20 of his 60 games in 2021/22 and averaging 8.9 points and 5.6 rebounds in 21.3 minutes per game.

After spending two years in San Antonio and three in Sacramento, Metu inked a one-year, minimum-salary contract with the Suns last summer. However, the 27-year-old played sparingly for the club, averaging 12.1 MPG in 37 appearances before being sent to Memphis in the three-team deadline deal that saw Royce O’Neale and David Roddy land in Phoenix.

Metu, who was immediately waived by Memphis, signed a 10-day contract with the Pistons in March, then agreed to a two-year deal with the club when that contract expired. The former USC star appeared in 14 games for Detroit down the stretch, averaging 10.5 PPG and 6.0 RPG in 29.4 MPG, but the Pistons declined their minimum-salary team option on him for 2024/25, making him an unrestricted free agent.

Metu will join a Barcelona team that posted a 23-11 record in Spanish League (ACB) play and a 22-12 mark in EuroLeague play in 2023/24. Barca lost to eventual champion Real Madrid in the ACB postseason and was denied a spot in the EuroLeague Final Four by Olympiacos.

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Sixers Sign Reggie Jackson

July 30th, 2024 at 7:20am CST by Luke Adams

The Sixers have officially signed veteran guard Reggie Jackson, the team announced today in a press release. He received a one-year contract, according to Keith Pompey of The Philadelphia Inquirer.

The move had been anticipated since last Tuesday, when word broke that Jackson would be cut by the Hornets and that he intended to join the 76ers after clearing waivers. The 34-year-old gave up approximately $3.3MM in a buyout agreement with Charlotte, which is the amount he’ll earn on his new minimum-salary deal with Philadelphia.

“Reggie is a playoff-tested veteran who brings leadership and experience to our backcourt,” Sixers president of basketball operations Daryl Morey said in a statement. “He’s been a dynamic offensive player throughout his 13 seasons in the league.”

Jackson spent the 2023/24 season in Denver, backing up Jamal Murray at the point. He averaged 10.2 points, 3.8 assists, and 1.9 rebounds in 22.2 minutes per game, posting a .431/.359/.806 shooting line in 82 outings (23 starts).

Jackson exercised a $5.25MM player option in June, but the Nuggets wanted to go in a different direction with their backup point guard spot and traded the 34-year-old to Charlotte along with multiple second-round picks in a salary-dump deal. Denver signed Russell Westbrook to fill the backcourt hole created by that trade. The Hornets, meanwhile, made that deal with Denver in order to acquire those future second-rounders rather than Jackson, who wasn’t in their plans for 2024/25.

Now that their addition of Jackson is official, the Sixers have 13 players on standard contracts — 12 are on fully guaranteed deals, while Ricky Council‘s salary is non-guaranteed. Philadelphia figures to add at least one more player on a standard contract at some point between now and opening night, though it remains to be seen if the team will fill both 15-man roster openings.

Jackson will provide additional depth in a Sixers backcourt that features rising star Tyrese Maxey, veterans Kyle Lowry and Eric Gordon, and rookie Jared McCain.

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Southeast Notes: Hornets, Adebayo, Jovic, Gill, Wizards

July 29th, 2024 at 10:40pm CST by Tristan Tucker

The Hornets have largely done well for themselves this offseason, retaining some players, drafting Tidjane Salaun , and adding Josh Green for cheap.

They still have one standard roster spot open and Roderick Boone of The Charlotte Observer predicts that spot will remain open until closer to the start of the season. It would make sense for the Hornets to wait for roster cuts if there’s no one on the market they wish to reward with a standard deal and see if they can claim a talented young player on waivers. Boone thought summer league standout Mouhamadou Gueye might compete for a two-way deal, but the Hornets are reportedly filling their final such deal with Moussa Diabate.

Boone’s mailbag also checks in on the rest of the team, including the health of center Mark Williams. Boone opines that adding a power forward/center would be a wise option if Williams isn’t ready to go for the start of the season, since Nick Richards is the only true backup there, while Taj Gibson could fill in in an emergency.

As for Green, Boone says he’s currently penciled in to play two-guard position, but coach Charles Lee doesn’t want to pigeonhole him into a specific role until he’s spent more time with the roster.

We have more from the Southeast Division:

  • The Heat‘s Bam Adebayo is participating in his second Olympics after winning gold in Tokyo in 2021. He played 20 minutes off the bench and recorded four points, two rebounds and two assists on Sunday vs. Serbia, Anthony Chiang of the Miami Herald observes. While he didn’t score much, Adebayo held the task of guarding Nikola Jokic in the team’s first Olympic outing. Adebayo’s found success off the bench alongside Anthony Davis for Team USA.
  • The Heat had a second player in the Olympic opener, with Nikola Jovic suiting up for Serbia. The 21-year-old had five points and two rebounds in his first Olympic experience of his career, Chiang writes. He took a starting role for Miami and is expected to be a big part of their future moving forward. In his matchup against Team USA, his primary assignment was LeBron James on both ends.
  • The Wizards signed Anthony Gill to a two-year, minimum-salary ($4.78MM) contract, Michael Scotto of HoopsHype tweets. The deal is fully guaranteed for 2024/25 and is non-guaranteed for ’25/26. Gill has appeared in 179 games with the Wizards since 2020 but only averages 9.9 minutes for the only team he’s called home in the league. The Wizards like Gill, signing Virginia product to three standard deals so far.
  • Following the addition of Gill, it’s even more clear the Wizards aren’t done making moves this offseason. As Spotrac’s Keith Smith observes (Twitter link), the team has 17 players on standard contracts, with only Jared Butler and Eugene Omoruyi on non-guaranteed deals. While their decision-making could be as simple as waiving both players, they have a need at point guard, where Butler showed flashes last season and they value Omoruyi. Other players could be on the move as the offseason wears on.
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