NBA Rumors - HoopsRumors.com

Second-Round Pick Mogbo Agrees To Three-Year Deal With Raptors

July 4th, 2024 at 8:50am CST by Dana Gauruder

The Raptors have agreed to a three-year, $6.11MM contract with forward Jonathan Mogbo, Michael Scotto of HoopsHype reports (Twitter link).

It’s the maximum amount allowed under the current CBA’s second-round exception, as our breakdown shows. Mogbo will earn about $1.86MM as a rookie, which is equivalent to this year’s minimum salary for a player who already has one year of NBA experience. The third year will be a team option.

Mogbo played last season with San Francisco, averaging 14.2 points, 10.2 rebounds, 3.6 assists, 1.6 steals and 0.8 blocks. With the draft split into two rounds last month, Mogbo was the first pick of the second round.

Toronto resisted offers for the pick because they liked Mogbo’s versatility. He’s also a childhood friend of franchise player Scottie Barnes.

Under the previous CBA, over-the-cap teams would have needed to use a chunk of their mid-level exception to give a second-round pick like Mogbo a third year, as we outline in our glossary entry on the second-round pick exception.

Latest On Lauri Markkanen

July 4th, 2024 at 8:16am CST by Luke Adams

A report earlier this week indicated that the Warriors and Spurs are considered the most serious trade suitors for Lauri Markkanen, but they’re not the only teams in the running for the Jazz forward, as Tony Jones of The Athletic confirmed on Wednesday during an appearance on Sactown Sports 1140 (Twitter video link).

“Sacramento is very interested. Sacramento has what the Kings think is a strong offer on the board,” Jones said (hat tip to Bleacher Report). “But at the end of the day, the only thing that matters is what the Jazz think. Utah’s stance on Lauri is the same and it has been the same for a long time: We don’t want to trade Lauri, so you’re going to have to make us trade him.”

In the latest episode of the No Cap Room podcast, Jake Fischer of Yahoo Sports (YouTube link) also mentioned the Kings as a legitimate suitor for Markkanen.

“The Sacramento Kings, to my knowledge, earlier this week were close to a deal. I do think that, based off of conversations I’ve had,” Fischer said. “I can’t say more than that, but there were calls made to people around the NBA that would have indicated that talks have been legitimate there.”

Utah pursued Mikal Bridges before Brooklyn agreed to send him to New York and envisioned adding more impact talent in free agency if they were able to land the Nets’ standout three-and-D forward and pair him with Markkanen, according to Jones. But with Bridges off the board and no obvious opportunities left to upgrade the roster in the short term, Jones wouldn’t be surprised if Utah pivots to trying to keep its top-10 protected pick in a strong 2025 draft.

Still, that wouldn’t necessarily mean trading Markkanen. As Jones points out, even with the former All-Star on the roster, the Jazz project to be among the worst teams in a competitive Western Conference, so they could extend him while continuing to add and develop young talent around him.

Rival teams, recognizing that the Jazz could benefit long-term from leaning even further into their rebuild, are pursuing Markkanen in the hopes of convincing Utah to make a deal, but the price will be high. A previous report suggested the return would probably have to be similar in value to what Brooklyn got for Bridges (four unprotected first-round picks, an unprotected pick swap, and one more lightly protected first-rounder, with only expiring salary attached).

The Warriors and Kings aren’t in position to offer that many draft picks, but they have young players who could be included to strengthen their bids (though Sacramento reportedly remains resistant to including former No. 4 overall pick Keegan Murray in any deal).

“There’s been a lot of noise the last few days and that’s because teams have ramped up,” Jones said. “They’ve actually put tangible offers on the table. Sacramento has a tangible offer on the table; the Golden State Warriors have a tangible offer on the table. The San Antonio Spurs, they’ve expressed a lot of interest.

“To my knowledge, 20 teams around the league have called one way or another about Lauri in the offseason for the Jazz. Interest obviously is there, obviously the noise is there. It’s just a matter of does it meet Utah’s threshold? And it’s going to be a very, very high threshold to have to meet to get the Jazz to trade him.”

Fischer agreed that actually prying Markkanen out of Utah will be difficult.

“I’ve still been told that Utah prefers to keep Lauri and renegotiate and extend him,” he said. “They can’t do that though until August 6, so why not spend the next month fielding offers, and telling the Kings, ‘Yeah, we’d do it if you give us Keegan Murray,’ and telling the Warriors, ‘Yeah, give us three picks and Podz (Brandin Podziemski) and whatever.’ … It doesn’t hurt to listen.

“I still don’t think he’s going to get traded. As someone told me (Jazz general manager) Justin Zanik told them, Utah is conducting their business with a 10% chance they’re going to move him.”

Eastern Notes: Cavs, Ott, Nets, Celtics, Hawks

July 3rd, 2024 at 11:21pm CST by Luke Adams

After spending the past two seasons as a Lakers assistant, Jordan Ott has agreed to join Kenny Atkinson‘s coaching staff with the Cavaliers, sources tell Adrian Wojnarowski of ESPN (Twitter link).

Ott, who previously worked under Atkinson in Brooklyn, interviewed for Charlotte’s head coaching position this spring. According to Wojnarowski, Ott was a finalist in that process before the Hornets ultimately chose Charles Lee.

Michael Scotto of HoopsHype first reported that Ott was expected to land in Cleveland as an assistant if the Cavs decided to hire Atkinson.

Here are a few more notes from around the Eastern Conference:

Agents and league executives who have spoken to Brian Lewis of The New York Post don’t expect the Nets to opt for an extended rebuilding process that would see them slowly stockpile draft assets and sacrifice their projected 2025 cap room by taking on unwanted multiyear contracts. According to Lewis, the team is considered more likely to hang onto its biggest expiring contracts – including Ben Simmons‘ – and to pursue roster upgrades a year from now when could have upwards of $80MM in cap space.
Fred Katz of The Athletic takes a wide-ranging look at the Knicks‘ free agent and trade options to add a backup center, suggesting that Precious Achiuwa might be the top free agent candidate to end up in New York, even though he’s not the sort of “conventional” shot blocker and rim protector that head coach Tom Thibodeau would prefer.
In a pair of stories for MassLive.com, Brian Robb examines what the Derrick White contract extension means for the Celtics going forward – from both a roster and cap perspective – and notes that Boston will have a couple holes to fill on its coaching staff after the Hornets announced that former Blaine Mueller and Jermaine Bucknor are joining Charles Lee in Charlotte. Mueller coached the Maine Celtics last season, while Bucknor was a player development coach in Boston. Another Celtics assistant, Sam Cassell, was “heavily targeted” by rival teams seeking an experienced assistant, but appears likely to remain in Boston, Robb adds.
The Hawks are being sued by longtime executive and former team president Robert “Bob” Williams, who has accused the team of breach of contract and claims he’s owed a $660K bonus. Rosie Manins of The Atlanta Journal-Constitution has the details in a subscriber-only story.

Bulls Re-Sign Adama Sanogo To Two-Way Deal

July 3rd, 2024 at 10:30pm CST by Luke Adams

JULY 6: Sanogo has officially signed his two-way contract with the Bulls, per a team press release.

JULY 3: After spending the 2023/24 season on a two-way contract with the Bulls, forward/center Adama Sanogo has agreed to return to Chicago on a new two-way deal, reports Chris Haynes of TNT and Bleacher Report (Twitter link).

Sanogo, who won a national championship with UConn in 2023, declared for the draft as an early entrant that spring. While he wasn’t selected on draft night, he quickly caught on with the Bulls, signing a two-way contract last July.

Sanogo appeared in just nine games at the NBA level as a rookie, but he was productive in his limited action, racking up 36 points and 36 rebounds in 66 total minutes. He also played well in the G League, averaging a double-double (20.4 points, 12.0 rebounds) in just 29.2 minutes per game across 45 total appearances for the Windy City Bulls. He earned a spot on both the NBAGL All-Rookie Team and the All-NBAGL Third Team.

The Bulls issued a qualifying offer to Sanogo last week, making him a restricted free agent. That QO was equivalent to another one-year, two-way contract, so the 22-year-old will likely just accept that offer.

Once Sanogo officially signs, Chicago will have two of its three two-way slots filled, with Andrew Funk‘s deal from February having carried over for a second season.

Free Agent Rumors: DeRozan, Kings, Spurs, Morris, Bridges, Jones

July 3rd, 2024 at 9:59pm CST by Luke Adams

Following up on a report from Marc J. Spears stating that Sacramento is a “dark horse” suitor to watch for DeMar DeRozan, Barry Jackson of The Miami Herald confirms (via Twitter) that the Kings and Bulls have had discussions about a possible sign-and-trade deal involving the free agent forward.

The Spurs have also emerged as a possibility for DeRozan, Jackson adds. The 34-year-old previously spent three seasons playing for Gregg Popovich in San Antonio from 2018-21.

While Jackson (Twitter link) isn’t entirely ruling out the Heat for DeRozan, he notes that the club’s cap situation makes it impossible to give the forward the kind of contract he’s seeking, so the front office seems more likely to preserve its assets in case a better trade opportunity arises — as a first-apron team, Miami would be in a better position to acquire a player who is already under contract than a free agent like DeRozan via sign-and-trade.

Here are a few more free agent rumors and notes from around the NBA:

The Sixers have expressed interest in the possibility of a reunion with free agent forward and Philadelphia native Marcus Morris, multiple sources tell Keith Pompey of The Philadelphia Inquirer. However, the 76ers aren’t the only team eyeing Morris. The Pistons, Hornets, Cavaliers, Mavericks, Heat, and Timberwolves have all expressed some level of interest too, Pompey writes.
It’s unclear where Miles Bridges will end up, according to Rod Boone of The Charlotte Observer, who says that the Pistons‘ interest seems to have dwindled following their front office and coaching changes, while the Sixers were “never in” on the free agent forward. The Hornets and Bridges publicly expressed interest in a new deal earlier in the offseason, but they’ve had over two weeks to talk and still don’t appear to have momentum toward an agreement. “I think they end up signing and trading Bridges,” a rival executive told Boone.
The Clippers continue to have interest in bringing back Kai Jones, but the free agent big man has an ankle injury that will prevent him from suiting up for Summer League, a source tells Law Murray of The Athletic (Twitter link).
The Pistons are one of the only teams that still has significant cap room available and they’ll need to at least reach the minimum salary floor before the season begins. Omari Sankofa II of The Detroit Free Press (subscription required) suggests a few potential free agents targets for Detroit, including Malik Beasley and Gary Trent Jr., while James L. Edwards III of The Athletic considers trade scenarios that might make sense for the club’s cap room.

Hornets’ Tidjane Salaun Signs Rookie Contract

July 3rd, 2024 at 9:12pm CST by Luke Adams

The Hornets have signed lottery pick Tidjane Salaun to his rookie scale contract, the team announced today in a press release.

Salaun is headed to Charlotte after spending the past two seasons with Cholet Basket in France’s top basketball league (LNB Elite). In 54 games with the team in 2023/24, the 6’9″ forward averaged 9.7 points, 3.9 rebounds, and 1.1 steals per contest.

The No. 6 overall pick Salaun was one of three French prospects selected in the top half of the 2024 lottery, joining countrymen Zaccharie Risacher (No. 1) and Alex Sarr (No. 2). He’s also one of the youngest players in this year’s draft class — he won’t turn 19 next until next month.

As our breakdown of rookie scale salaries show, Salaun will earn nearly $7.5MM in 2024/25 and approximately $34MM over the next four years, assuming he signed for the usual 120% of the rookie scale amount and eventually has his third- and fourth-year options exercised.

And-Ones: Porter, Pate, Adams, 2025 Mock, Ownership Changes

July 3rd, 2024 at 8:14pm CST by Tristan Tucker

Former Raptors forward Jontay Porter is being charged with a federal felony in connection to the sports betting scandal that caused him to be banned from the NBA in April, according to a report from The Associated Press.

While a specific court date and charges haven’t been specified, the case is known to be related to an existing charge of four men who schemed with a player to cash in on tips from said player (Porter) regarding his plans to exit two games early. The four men appeared in court in June, but haven’t yet entered pleas. They were charged with conspiracy to commit wire fraud, according to the AP.

The NBA’s investigation into Porter found that he tipped off those four men about his health and then exited one game with illness, causing anyone who bet his unders to cash in. He also gambled on games he didn’t play in, including against his own team.

Porter appeared in 26 games with the Raptors last season on a two-way contract. He is not permitted to sign another NBA contract, as per his ban.

We have more from around the basketball world:

With the G League Ignite shut down, projected 2025 first-round pick Dink Pate is signing with the G League’s Mexico City Capitanes for next season, according to ESPN’s Adrian Wojnarowski. Pate became the youngest professional basketball player last season at age 17 — he was not eligible for the 2024 draft because he doesn’t turn 19 until the 2025 calendar year. In 31 games with the Ignite last season, Pate averaged 8.0 points, 3.8 assists and 2.9 rebounds per contest. The G League formally announced the move in a press release (Twitter link).
Alabama’s men’s basketball program is hiring Pistons assistant coach Brian Adams as an assistant under head coach Nate Oats, according to Wojnarowski (Twitter link). Adams had NBA experience with both the Sixers and Clippers before joining Detroit midway through last season. He’s served as a collegiate assistant at Harvard and Marist as well.
Duke’s Cooper Flagg is ESPN’s top prospect for 2025, but a pair of Rutgers guards aren’t far behind in a mock draft from Jonathan Givony and Jeremy Woo (ESPN+ link). Ace Bailey and Dylan Harper sit at No. 2 and 3, respectively, in the mock, and are each currently viewed by some teams as the top prospect in the class. Givony and Woo name Pate, Duke’s Tyrese Proctor, South Carolina’s Collin Murray-Boyles and UConn’s Alex Karaban as some of the top returning players to watch.
The NBA has made a change to its ownership rules, according to The Athletic’s Mike Vorkunov. Ownership groups are no longer allowed to have governors rotate control. The Bucks did this with Marc Lasry and Wes Edens, with Lasry serving as governor until he sold his share with Edens taking over in 2028. The Hornets are doing the same with Rick Schnall and Gabe Plotkin. Those two franchises will be grandfathered in, according to Vorkunov, meaning they aren’t impacted by this rule change.

Heat Re-Sign Thomas Bryant

July 3rd, 2024 at 7:54pm CST by Luke Adams

7:54pm: Bryant has officially re-signed with the Heat, the team confirmed in a press release.

12:49pm: The Heat and Thomas Bryant have reached an agreement on a new one-year contract for the free agent center, league sources tell Marc Stein (Twitter link). The deal will be worth the veteran’s minimum, tweets Anthony Chiang of The Miami Herald.

Bryant, who initially signed a two-year, minimum-salary contract with the Heat last summer, averaged 5.7 points and 3.7 rebounds in just 11.6 minutes per game across 38 appearances.

Miami had envisioned him as the backup at the five behind Bam Adebayo, but the fit wasn’t quite as smooth as either side has hoped, and the 26-year-old was in and out of the rotation for much of the season.

Because the second year of that initial contract was a player option (worth $2.85MM), Bryant was able to opt out and talk to other potential suitors on the open market. However, it seems as if he wasn’t offered any opportunities he liked more than one to remain in Miami for another season.

Bryant will earn slightly less ($2.8MM) on his new contract than he would have on his option, while the Heat’s charge for cap and tax purposes will be just $2.09MM. He’ll join a group of centers that features Kevin Love (who also agreed to a new deal with the Heat) and rookie Kel’el Ware.

Orlando Robinson also remains on the roster on a non-guaranteed contract, but the new deals with Bryant and Love, along with the selection of Ware, make it less likely that he’ll be back, tweets Ira Winderman of The South Florida Sun Sentinel.

Clippers, Mo Bamba Finalize One-Year Deal

July 3rd, 2024 at 7:17pm CST by Luke Adams

JULY 3: Bamba has officially signed with the Clippers, according to the transaction log at NBA.com.

JULY 1: The Clippers and free agent center Mohamed Bamba have reached an agreement on a one-year deal, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

It’ll be worth the veteran’s minimum, tweets Law Murray of The Athletic. That’ll work out to a $2.61MM salary for Bamba and a $2.09MM cap hit for the team.

Bamba, the sixth overall pick in the 2018 draft, spent his first five-and-a-half seasons in Orlando before being traded to the Lakers at the 2023 deadline. After finishing that season in Los Angeles, he signed with the 76ers last summer and averaged 4.4 points, 4.2 rebounds, and 1.1 blocks in 13.0 minutes per game across 57 appearances (17 starts) for Philadelphia. He’s a career 36.1% three-pointer shooter on 2.3 attempts per game.

Ivica Zubac is the Clippers’ starting center, but both of the team’s backups at the five – Mason Plumlee and Daniel Theis – entered free agency this weekend. While Theis remains unsigned, Plumlee has committed to join the division-rival Suns, so L.A. had been in the market for at least one big man.

Outside of the 2021/22 season, when he started 69 games in the middle for Orlando, Bamba has primarily played a modest reserve role across his six years in the NBA, with a career average of 17.2 minutes per contest.

The Clippers have been busy during the first couple days of free agency, reaching contract agreements with James Harden (two years, $70MM), Derrick Jones (three years, $30MM), Nicolas Batum (two years, $9.6MM), Kevin Porter Jr. (two years, minimum salary), and Kris Dunn (terms unknown). They’re also reportedly scouring the market for a possible Russell Westbrook trade and, of course, saw Paul George depart for Philadelphia.

Suns Re-Sign Damion Lee To One-Year Contract

July 3rd, 2024 at 7:16pm CST by Rory Maher

7:16pm: Lee has officially re-signed with the Suns, per NBA.com’s transaction log.

1:04pm: Lee’s new deal is for the veteran’s minimum, tweets Gerald Bourguet of PHNX Sports. He’ll earn slightly less ($2.8MM) than he would’ve on his option, while the Suns’ cap hit will be just $2.09MM instead of $2.85MM, saving them some additional money in tax penalties.

11:23am: Free agent guard Damion Lee is re-signing with the Suns on a one-year contract, tweets ESPN’s Adrian Wojnarowski.

Lee became an unrestricted free agent when he declined his $2.85MM player option for 2024/25 on Saturday. However, he’s returning to Phoenix on a new one-year deal.

A former undrafted free agent who played college ball at Drexel and Louisville, Lee missed the entire ’23/24 season after suffering a meniscus tear in his right knee, which ultimately required surgery.

Lee, 31, initially signed a one-year, minimum-salary contract to join the Suns in the summer of 2022. He then inked a one-and-one contract with Phoenix last summer. During his healthy season with the Suns in ’22/23, Lee averaged 8.2 PPG and 3.0 RPG on a .442/.445/.904 shooting line across 74 contests (20.4 MPG).

Lee started his professional career in the NBA G League before signing a pair of 10-day deals and then later a rest-of-season contract with Atlanta in 2018. He spent the next four years with Golden State, winning a championship with the Warriors as a role player in 2022. He holds career averages of 8.2 PPG and 3.4 RPG on .436/.379/.878 shooting in 290 games, including 58 starts (20.8 MPG).