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Kings Sign Keon Ellis To Three-Year Deal

February 9th, 2024 at 2:05pm CST by Luke Adams

2:05pm: The Kings have issued a press release officially confirming Ellis’ new deal and his promotion to the 15-man roster.

The three-year contract will be worth approximately $5.56MM, reports Michael Scotto of HoopsHype (Twitter link). As cap expert Yossi Gozlan points out (via Twitter) that figure suggests Sacramento used the remainder of its room exception on Ellis, with minimum salaries in years two and three. It’s unclear whether the deal features guaranteed money beyond this season.

11:40am: The Kings will use the open spot on their 15-man roster to promote two-way player Keon Ellis, according to ESPN’s Adrian Wojnarowski (Twitter link). Agent Corey Marcum tells Wojnarowski that the Kings and Ellis have agreed to a new three-year contract.

Ellis signed a two-year deal with Sacramento in July 2022 after going undrafted out of Alabama. The 24-year-old didn’t play much as a rookie at the NBA level, making just 16 brief appearances over the course of the season, but he has been in and out of the Kings’ rotation in 2023/24.

A 6’6″ guard, Ellis has averaged 3.8 points, 1.3 rebounds, and 1.2 assists in 11.9 minutes per game across 29 appearances (three starts) this season, posting a shooting line of .429/.377/.647.

Although he’s not a true point guard, Ellis was De’Aaron Fox‘s primary backup for much of December. Davion Mitchell has reclaimed that role as of late, but the Kings remain high on the former Crimson Tide standout.

Sacramento acquired Robin Lopez in a salary dump trade with the Bucks on Thursday, taking him into the open spot on the 15-man roster, but waived him shortly after completing that deal, so Ellis will now fill that opening. The promotion will create a two-way vacancy for the Kings alongside Jordan Ford and Jalen Slawson.

In order to sign Ellis to a contract exceeding two years, the Kings figure to use a leftover portion of their room exception. The 2023/24 league year represents the first time that the room exception can be used to complete a deal of up to three years instead of just two.

Grizzlies Notes: Deadline Moves, Bane, Smart, Clarke, Jackson

February 9th, 2024 at 1:58pm CST by Luke Adams

Victor Oladipo and Chimezie Metu have already been waived, but the two other players acquired by the Grizzlies in their recent series of trades – Lamar Stevens and Yuta Watanabe – are expected to get an opportunity to play over the next couple months, writes Damichael Cole of The Memphis Commercial Appeal. Stevens is on an expiring deal, while Watanabe holds a minimum-salary player option for 2024/25.

The Grizzlies also hope to get a longer look down the stretch at Ziaire Williams and Jake LaRavia, two former first-round picks who are currently sidelined due to injuries. As Cole writes, head of basketball operations Zach Kleiman showed by trading David Roddy on Thursday that he’s willing to move on from recent first-rounders who haven’t established themselves as consistent, productive rotation contributors, but that doesn’t mean he’s ready to give up on players like Williams or LaRavia.

“We’re in a spot where we have a lot of young players,” Kleiman said. “Nothing has been ruled out. Let me say that. I think that everyone at the very least has shown that in stretches, there’s a lot to be encouraged by. What we’re focused on right now is giving those guys opportunity. Wouldn’t surprise me if some guys emerge and maybe surprise people.”

Here’s more on the Grizzlies:

Having traded away Steven Adams and Xavier Tillman, the Grizzlies’ plans at center going forward are unclear. Their 2024 first-round pick, which projects to be a top-10 selection, may factor into that equation, Cole notes, since it could serve as a valuable trade asset or an opportunity to add a young blue-chipper to the roster. “Wherever that pick might be, we want to be in a position where we’re able to kind of navigate and steer that in different directions,” Kleiman said.
The Grizzlies project to be a luxury tax team next season based on their current commitments. Kleiman told reporters, including Cole, that’s not something the club is actively working to avoid. “There’s not a budget that we have to operate from,” Kleiman said. “There’s not a place that we need to be relative to any marker or luxury tax. . . . Those are all things we’ll have to weigh from a team-building standpoint.”
There’s still no timeline for the returns of Desmond Bane (left ankle), Marcus Smart (right ring finger), or Brandon Clarke (left Achilles), according to Kleiman. He indicate that Bane and Smart are expected to be out at least through the All-Star break and expressed optimism Clarke can return this season. “Brandon’s doing really well in his recovery,” Kleiman said, per Cole. “We’ll make a determination when we get a little bit closer. . . . Regardless of record, a little cameo at the end of the season just to build momentum going into next season, I think that’s something that’s potentially still on the table.”
As Jonah Dylan of The Memphis Commercial Appeal details, the Grizzlies players who remained on the roster through Thursday’s trade deadline were sorry to see Tillman and Roddy go. “I’m obviously upset and gutted and I feel bad,” said Jaren Jackson Jr., who played with Tillman at Michigan State before spending the past four seasons with him in Memphis. “It’s just part of the business. I’ve been here a long time. But it doesn’t get easier, for sure.”
GG Jackson‘s new four-year deal with the Grizzlies will be worth $8.5MM over four seasons, with $6.1MM in guaranteed money, tweets Michael Scotto of HoopsHype. A minimum-salary deal would be worth in the range of $7MM, so it sounds like Jackson will receive significantly more than the prorated rookie minimum for the rest of the 2023/24 season.

Shaedon Sharpe Undergoes Core Muscle Surgery

February 9th, 2024 at 1:51pm CST by Dana Gauruder

FEBRUARY 9: Sharpe has undergone his core muscle procedure, according to a press release from the Trail Blazers, who stated that the guard will be reevaluated in six weeks.

FEBRUARY 6: Trail Blazers shooting guard Shaedon Sharpe will undergo corrective surgery to fix a core muscle injury, the team announced in a press release.

Sharpe hasn’t played since January 11 due to a lower abdominal strain. While attempting to ramp up his basketball activities during his rehab, Sharpe experienced worsening of his symptoms. Due to his lack of progression, it was determined that surgery was necessary. The procedure is tentatively planned for later this week.

While a timetable has yet to be determined, it’s fair to assume Sharpe’s injury could end his season, especially given that the Blazers are well out of the playoff race. The No. 7 pick in the 2022 draft, Sharpe is averaging 15.9 points, 5.0 rebounds and 2.9 assists in 33.1 minutes per game this season. He has started 25 of 32 games.

As a rookie, Sharpe appeared in 80 games (15 starts), averaging 9.9 points, 3.0 rebounds and 1.2 assists in 22.2 minutes per game.

Mavs Notes: Kuzma, Newcomers, Williams, Luka, Dinwiddie, Green

February 9th, 2024 at 12:06pm CST by Luke Adams

The Wizards came close to accepting a trade offer for forward Kyle Kuzma this week, team sources tell Josh Robbins of The Athletic. While those sources didn’t identify the team Washington was talking to, reporting from The Athletic suggests it was the Mavericks. Adrian Wojnarowski of ESPN also stated during The Woj Pod on Thursday (YouTube link) that Dallas was trying to get Kuzma from Washington earlier in the week.

The Wizards were seeking a “home-run” return for Kuzma rather than simply a fair offer, according to Robbins, so the Mavericks shifted their focus and ultimately came away with P.J. Washington from the Hornets in addition to Daniel Gafford in a separate deal with Washington.

The trade with Charlotte sent out Grant Williams, whom the Mavericks signed to a fully guaranteed four-year, $53MM contract in a sign-and-trade last summer, giving up unprotected swap rights to their 2030 first-round pick as part of that transaction.

While Thursday’s deals improved their roster, making that sort of investment in Williams, only to trade him several months later after his value had declined, represents a “massive whiff” for the Mavs, according to Tim MacMahon of ESPN. MacMahon stated on the latest episode of the Hoop Collective podcast that there were “personality clashes” involving Williams in Dallas and that the Mavs seemed “determined” to move him.

“He rubbed a lot of people the wrong way,” MacMahon said.

Here’s more on the Mavs:

Luka Doncic was “very enthusiastic” about the idea of the Mavs acquiring Washington, according to Wojnarowski, who suggests that was likely one factor motivating Dallas to get the deal across the finish line.
The Mavericks have an open spot on their 15-man roster and general manager Nico Harrison indicated on Thursday they’ll continue exploring ways to upgrade the roster, including on the buyout market, tweets Brad Townsend of The Dallas Morning News. According to Townsend (Twitter link), the belief within the organization about Dallas’ odds of landing Spencer Dinwiddie, who sat near the Mavs’ bench during Thursday’s game in New York, ranges from “cautious optimism to confident.”
Tim Cato of The Athletic explores how Washington and Gafford will fit in Dallas, pointing out that – since both players are still just 25 years old and are under contract for multiple seasons beyond this one – their value as trade assets should remain strong if the Mavs decide to move them down the road.
Confirming previous reporting, Cato cites league sources who say the Hornets had initially been unwilling to trade Washington to the Mavericks without getting Josh Green back, but relented on that stance in the final hours leading up to the deadline.
Sam Vecenie of The Athletic also assesses the Mavericks’ two deadline deals, expressing some reservations about the move for Washington but dubbing the Gafford acquisition a major win.

Grizzlies Sign Trey Jemison To Two-Way Contract

February 9th, 2024 at 10:24am CST by Luke Adams

The Grizzlies have filled their open two-way slot by signing rookie center Trey Jemison to a two-way contract, the team announced today in a press release (Twitter link).

Undrafted out of UAB in 2023, Jemison was with the Pelicans in training camp and began the regular season with the Birmingham Squadron in the G League before signing 10-day deals with Washington and Memphis.

Jemison appeared in six total games for those two clubs and has played a key role for the Grizzlies as of late, averaging 5.8 points, 4.0 rebounds, and 1.3 blocks in 21.0 minutes per night across four contests (21.0 MPG). He was the starting center for the injury-plagued team on both Sunday and Tuesday.

Jemison’s hardship 10-day contract with the Grizzlies expired following Thursday’s game, but the club isn’t wasting any time bringing him back. Memphis opened up a two-way spot on Friday by promoting GG Jackson to the 15-man roster.

Jemison will join Scotty Pippen Jr. and Jacob Gilyard as the Grizzlies’ two-way players, and Chris Herrington of The Daily Memphian tweets that his contract will have the same structure as Pippen’s, which suggests it’ll be a two-year deal.

Memphis now has a full roster, but may still be eligible to add extra bodies via the hardship provision. Like Jemison, Matthew Hurt and Tosan Evbuomwan were on 10-day hardship deals with the team that expired this week.

And-Ones: Embiid, NBA Cup, Taxpayers, Sochan, Rising Stars, More

February 9th, 2024 at 9:43am CST by Luke Adams

Team USA head coach Steve Kerr, who texted Sixers center Joel Embiid this week to say hello and wish him well in his recovery from knee surgery, remains hopeful that the reigning MVP will be able to play in this summer’s Olympics, writes Dan Gelston of The Associated Press.

“Our fingers are crossed he’ll be healthy this summer and able to play,” Kerr said. “He’s an amazing player and we’re really excited to have him be part of the program.”

While the Sixers are hopeful that Embiid will be able to return before the end of the season and compete in the playoffs, it wouldn’t be surprising if the big man decided to forgo the Olympics and take the summer to rest and recuperate, given the nature of his injury. There’s still plenty of time to figure out his plan though, since the Paris games are still over five months away.

Here are a few more odds and ends from around the basketball world:

The NBA’s in-season tournament will have a new name going forward, according to the league, which announced on Thursday in a press release that the event will be known as the NBA Cup and will be sponsored by the airline Emirates. NBA referees will also begin wearing Emirates patches on their uniforms later this month, per the announcement.
Bobby Marks of ESPN (Twitter link) breaks down what the luxury tax figures for 2023/24 look like after the trade deadline, noting that nine of the 10 teams projected to be taxpayers a month ago either shed salary or stood pat. The Sixers and Pelicans ducked out of the tax, while the Suns were the only one of those 10 teams to increase their payroll. The 22 non-taxpayers currently project to receive $11.5MM apiece this offseason, Marks adds.
Spurs sophomore Jeremy Sochan has replaced injured Trail Blazers guard Shaedon Sharpe in next weekend’s Rising Stars game, the NBA announced in a press release. The league also shared (via Twitter) the results of the Rising Stars draft, with coaches Jalen Rose, Pau Gasol, and Tamika Catchings building seven-man rosters from a 21-player pool.
Nuggets center DeAndre Jordan would be open to the possibility of playing in Europe later in his career, he said during an interview with Toni Canyameras from Mundo Deportivo (hat tip to BasketNews). Jordan specifically named Barcelona as a team that would pique his interest, since he loves Spain.
John Hollinger of The Athletic shares some observations on the trade deadline, noting that many of the would-be buyers didn’t have the assets necessary to take a big swing this week.

Nets Waive Jordan Goodwin

February 9th, 2024 at 9:05am CST by Tristan Tucker

FEBRUARY 9: The Nets have officially waived Goodwin, per Brian Lewis of The New York Post (Twitter link).

FEBRUARY 8: The Nets are waiving guard Jordan Goodwin after acquiring him in the three-team trade that sent Royce O’Neale to Phoenix, according to Michael Scotto of HoopsHype (Twitter link).

After waiving Goodwin, the Nets will have 14 players on standard contracts and two players on two-way deals, giving them two open roster spots in total (one standard, one two-way).

The 25-year-old point guard played sparingly for the Suns after arriving in the Bradley Beal trade, averaging 5.0 points, 2.9 rebounds and 2.0 assists in 14.0 minutes and 40 games. Last season with the Wizards, he averaged 6.6 points and 2.7 assists in 62 games (seven starts).

Goodwin was on a minimum contract with a partially guaranteed team option for next season. The Nets will be on the book for his hit this season ($1.93MM). He’ll be eligible to sign with any team as a free agent other than the Suns.

Grizzlies Sign GG Jackson To Four-Year Deal

February 9th, 2024 at 9:02am CST by Luke Adams

FEBRUARY 9: The Grizzlies officially announced their new deal with Jackson, confirming in a press release that Metu has been waived to make room on the 15-man roster for Jackson’s promotion (Twitter link).

FEBRUARY 8: The Grizzlies and rookie GG Jackson have agreed to a four-year deal that will include three guaranteed seasons, reports Adrian Wojnarowski of ESPN (Twitter link). The agreement will promote Jackson, who had been on a two-way contract, to Memphis’ standard 15-man roster.

The 45th overall pick in the 2023 draft, Jackson is the youngest player in the NBA this season and wasn’t part of the Grizzlies’ rotation to open the 2023/24 campaign. However, with the team plagued by injuries and no longer in serious contention for a playoff spot, Jackson has been given an opportunity in recent weeks and has run with it.

The former South Carolina standout had averaged 12.2 points, 4.1 rebounds, and 1.1 assists in 23.4 minutes per game with a shooting line of .445/.385/.692 in his previous 13 games entering play on Thursday. He had the best game of his young career against the Bulls on Thursday night, racking up 27 points on 9-of-18 shooting and grabbing nine rebounds in 32 minutes off the bench.

After making a pair of trades at the deadline with Boston and Phoenix, the Grizzlies have a full 15-man roster, but they reportedly intend to waive newly acquired big man Chimezie Metu, which would open a spot for Jackson to slide into. Once his promotion is official, Memphis will have an open two-way contract slot.

The Grizzlies figure to use a portion of their mid-level exception to sign Jackson to his new deal.

Raptors Notes: Deadline, Brown, Olynyk, Agbaji, Trent, Dinwiddie, Barnes

February 9th, 2024 at 8:25am CST by Luke Adams

The Raptors made a pair of deals on deadline day, but they did their most significant work on the trade market earlier in the season when they sent OG Anunoby to New York and Pascal Siakam to Indiana. In the view of general manager Bobby Webster, Thursday’s moves were more about balancing the roster a little and preparing for the offseason, as Josh Lewenberg of TSN.ca relays.

“We did our heavy lifting about a month ago,” Webster said. “So I feel like this trade deadline we cleaned up a lot of things and we addressed some of the things we talked about after the OG and Pascal trades.”

The new-look Raptors currently have an 18-33 record, the sixth-worst mark in the league. A poor finish to the season could put them in position to hang onto their own 2024 first-round pick, which will be sent to San Antonio if it doesn’t land in the top six.

However, as Webster pointed out on Thursday, the NBA’s lottery system offers no assurances – the sixth-worst team is more likely to end up in the No. 7-9 range than to pick in the top six – so there will be no effort to game the system down the stretch. Toronto’s focus will be on developing young talent and getting the new core players familiar with one another.

“We’re going to prioritize seeing this group play,” Webster said. “If it ends up that we’re in the top six, sure. But especially with the way the new NBA rules are, to try to game that doesn’t make a ton of sense. At the end of the day, it’s going to [come down to] the lottery balls. I think the big priority for us is playing that young group together, getting (2023 lottery pick) Gradey (Dick) in there with that group, seeing how they fit together because that will give us a lot more information about how to build this team and what moves to make this summer.”

Here’s more on the Raptors:

Toronto was seeking a first-round pick beyond 2024 for Bruce Brown and didn’t want to take back multiyear money, according to Lewenberg. With no team willing to meet that asking price, the Raptors hung onto the veteran wing, whose deal includes a $23MM team option for next season. “Had we gotten the offers we wanted for Bruce we would’ve done something,” Webster said (Twitter link). “At the same time, Bruce is 27, he has a really interesting contract, he provides a professionalism and toughness that we value, and there’s options with Bruce this summer.”
The Raptors will look to sign newly acquired big man Kelly Olynyk to a new contract and keep him beyond the current season, sources tell Jake Fischer of Yahoo Sports. Webster said on Thursday that Olynyk wants to be in his hometown of Toronto, per Eric Koreen of The Athletic. “We’ve been big fans of Kelly,” Webster said. “I think the way we view him specifically is he’s a steady hand and I think we’ve seen it with the bench units, especially with the bigs, he’s going to provide a skill set of veteran presence, a voice that we think that unit could use some help with.”
Reiterating that the Raptors never intended to use all the 2024 draft picks they controlled, Webster suggested the team was happy to use one of those lesser assets to acquire Olynyk and to add a young player in Ochai Agbaji, tweets Lewenberg. Webster described Agbaji as a “hard-working, high-character” player with “a lot of upside.”
Gary Trent Jr., who is on an expiring contact, remained with the Raptors through the trade deadline. Webster said the plans for Trent are “a little TBD” and that the team is looking forward to evaluating him down the stretch (Twitter link via Lewenberg).
The decision to waive Spencer Dinwiddie after acquiring him from Brooklyn means that Scottie Barnes will get more point guard reps the rest of the way, according to Blake Murphy of Sportsnet.ca (via Twitter). Murphy adds that Toronto intends to fill its two open 15-man roster spots and will consider all avenues, including prospects from the G League and overseas.
In a story for Sportsnet.ca, Murphy explores how the Raptors’ latest in-season trades alter their salary cap outlook going forward.

Fischer’s Latest: Hield, Sixers, George, Pacers, Trae, Murray, More

February 9th, 2024 at 7:08am CST by Luke Adams

Buddy Hield rejected a “significant” extension offer from Indiana in the fall, and with a lucrative new deal for Pascal Siakam to account for, the Pacers’ ability to retain Hield as a free agent this offseason was in doubt, which is why they sent him to the Sixers on Thursday, writes Jake Fischer of Yahoo Sports.

Philadelphia, which doesn’t currently have any guaranteed money on its books beyond 2023/24 besides Joel Embiid‘s contract, is much better positioned to retain Hield, though the 76ers will likely consider many options with their projected cap room.

Echoing Chris Haynes of Bleacher Report (Twitter video link), Fischer says star forward Paul George figures to be a top target for the Sixers if he doesn’t sign an extension with the Clippers in the coming weeks or months. Nuggets wing Kentavious Caldwell-Pope, who holds a player option for 2024/25, has also been mentioned as a possible Philadelphia target, per Fischer.

The Sixers wouldn’t be the only team in play for George if he reaches free agency, according to Fischer, who suggests there have been whispers that the veteran is intrigued by the possibility of returning to Indiana and teaming up with Tyrese Haliburton. Such a move would be tricky – but certainly not impossible – from a cap perspective.

Philadelphia’s offseason outlook will hinge in part on what the team’s plans are for Tobias Harris. According to Fischer, the Sixers weren’t willing to include him in a deadline deal that would have sent him to Detroit, with Pistons wings Bojan Bogdanovic and Alec Burks going to Philly. The Pistons may be in the mix for Harris in free agency this summer, Fischer notes, adding that Hornets forward Miles Bridges is another player expected to be on Detroit’s radar.

Here are a few more post-deadline items of interest from Fischer:

Multiple front offices came away from their conversations with the Hawks believing that Atlanta could make star guard Trae Young available this summer, says Fischer. However, he cautions that could “prove to be wishful thinking,” since the information is coming from rival teams rather than from the Hawks themselves. If Young were to hit the trade market, the Lakers and Spurs are among the clubs widely viewed as potential fits, Fischer adds.
League personnel anticipate that the Lakers will resume conversations with the Hawks about Dejounte Murray in the offseason, according to Fischer, who notes that the Pelicans could revisit their Murray talks at that point too. Atlanta is known to value multiple players on New Orleans’ roster, league sources Fischer, though one of those players – Naji Marshall – will be an unrestricted free agent this July.
Although there were several teams open to the idea of acquiring D’Angelo Russell, many front offices viewed his $18.7MM player option for 2024/25 as having negative value, Fischer reports. That thinking, along with Russell’s strong recent play, factored into the Lakers‘ decision to hang onto him through the deadline.
In addition to the recently released players who will hit the free agent market shortly, center Bismack Biyombo, forward Rudy Gay, and swingman Danny Green are among the veterans who were waived earlier in 2023/24 and continue to seek new NBA homes, Fischer writes, singling out Biyombo as a player expected to generate interest.