Nets Sign Keon Johnson To Two-Year Deal

JULY 21: The signing is official, according to the NBA transactions log.


JULY 20: The Nets are re-signing free agent shooting guard Keon Johnson to a standard contract, sources tell Shams Charania of The Athletic (Twitter link).

According to Michael Scotto of HoopsHype (Twitter link), Johnson is inking a two-season agreement with the Nets. The contract is partially guaranteed for 2024/25 and will have a team option for ’25/26.

Johnson has enjoyed an outstanding run throughout this year’s Las Vegas Summer League thus far. He’s averaging 16.3 points, 5.8 assists and 4.8 rebounds per game for Brooklyn this offseason.

The 6’5″ swingman was selected with the No. 21 overall pick in the 2021 draft out of Tennessee. Johnson, then just 19, split his rookie season between the Clippers and Trail Blazers. He stayed with Portland for the 2022/23 season, but broke a finger midway through the year, cutting him off at just 40 games.

Johnson was shipped out to the Suns as part of the three-team deal that landed All-Star point guard Damian Lillard with the Bucks and was cut prior to the start of the 2023/24 season.

He ultimately landed with the Nets on a two-way deal last season, appearing in just five games for Brooklyn. Across those contests, Johnson averaged 6.2 points per contest on .381/.400/.917 shooting splits. He also chipped in 1.4 rebounds, 0.6 assists and 0.6 steals per night.

Bulls Sign DJ Steward To Two-Way Contract

7:34pm: The signing is official, according to a team press release.


9:00am: Summer League standout DJ Steward has agreed to a two-way contract with the Bulls, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

The 22-year-old guard is coming off a 37-point performance in Friday’s win over Atlanta. He averaged 17.4 PPG in five Summer League games with Chicago while shooting 47% from the field and 40% from three-point range.

Steward is a Chicago-area player who was a highly regarded recruit out of high school in 2020. He played one season at Duke, then signed with the Kings after going undrafted in 2021.

Steward spent two years in the G League with Stockton before signing an Exhibit 10 contract with the Celtics last September. He played for Boston’s G League affiliate in Maine last season.

The addition of Steward fills the Bulls’ last two-way opening. Andrew Funk and Adama Sanogo are also on two-way deals.

Ricky Rubio Reportedly Signing With Spain’s Joventut Badalona

Longtime NBA guard Ricky Rubio is reportedly signing with Spanish club Joventut Badalona, Eurohooops.net relays.

According to Jordi Valle Simo of EFE Deportes, Rubio is returning to the team where he began his professional career in 2005. He spent his first four saysons in Badalona.

After agreeing to a buyout with the Cavaliers and retiring from the NBA in January, Rubio signed with Barcelona in February on a one-year contract. After his Spanish team lost to Real Madrid in the Liga ACB semifinals, he expressed uncertainty about his basketball future.

These months, I’ve felt strange; I’ve wanted to change some things,” Rubio said. “Coming in the middle of the season is not easy, my way of being, more reserved and not feeling 100%. I don’t think I’ve been everything I expected, but I didn’t have any expectations either, but it’s clear that the balance is not good.”

By rejoining Joventut Badalona, Rubio will continue playing in the ACB League. Last season, he made 13 EuroLeague appearances and averaged 17 minutes on the court, posting 4.7 points, 4.3 assists, and 3.2 rebounds per game. He also played 15 Liga Endesa games for Barcelona, averaging 6.0 PPG, 4.1 APG, and 3.1 RPG.

Stein’s Latest: Kuminga, Podziemski, Markkanen, Jones, Thibodeau, Dinwiddie, Morris

There’s a growing belief in league circles that the Warriors are more willing to trade Jonathan Kuminga than Brandin Podziemski in a blockbuster deal for Lauri Markkanen or another impact player, Marc Stein reports in his latest Substack notebook.

Rumors of Golden State’s interest in Markkanen have been floated for weeks. According to Stein’s sources, the Jazz have enough interest in a package of Podziemski and future draft compensation that they could move Markkanen before Aug. 6, when Markkanen becomes eligible to renegotiate and extend his contract. He has an expiring $18MM deal.

The Warriors are reluctant to part with Podziemski not only because of how highly they value his on-court contributions but also for financial reasons. He has three years left on his rookie contract while Kuminga is eligible for a rookie scale extension this offseason. Any raise for Podziemski wouldn’t come onto the books until the contracts of Draymond Green and Andrew Wiggins expire in the summer of 2027.

Cade Cunningham, Evan Mobley, Scottie Barnes and Franz Wagner — members of the same rookie class as Kuminga — have all signed max extensions. It’s unlikely Golden State will make that type of offer to him, but he’s due for a large raise.

It remains to be seen if adding Kuminga to a trade package would move the needle for Utah’s front office. Thus far, Golden State’s offers for Markkanen have centered around a combination of Moses Moody and other contracts, plus draft compensation, without including Podziemski or Kuminga, Stein adds.

The Warriors wouldn’t be able to immediately extend Markkanen since renegotiation-and-extension scenarios are only available to teams with cap space. But their continued interest in him suggests they’re confident they can lock him up long-term next offseason if they acquire him.

Here’s more from Stein:

  • Carlik Jonestriple-double for South Sudan against Team USA could lead to renewed interest from NBA teams. Jones recently signed a two-year deal with Serbia’s Partizan Belgrade but the contract includes an NBA escape clause, valid through Thursday. Jones was the NBA G League MVP for the 2022/23 season, when he had a two-way deal with the Bulls. Last season, Jones played in China for the Zhejiang Golden Bulls.
  • Expect a contract extension for Knicks coach Tom Thibodeau in the near future. Thibodeau would be entering the final season of his original five-year contract without an extension but he’s expected to sign a new deal with a value of at least $10MM annually.
  • The Mavericks have a roster opening and they’re interested in re-signing Spencer Dinwiddie. Two other guards, Dennis Smith Jr. and Talen Horton-Tucker, are also under consideration but Dinwiddie is believed to be the team’s top choice. They’re also interested in retaining forward Markieff Morris, who is considered a lock to return, says Stein.

Olympics Notes: Kerr, LeBron, Hayes-Davis, K. Antetokounmpo

As Team USA gears up to try to earn its fifth consecutive gold medal at the Olympics, head coach Steve Kerr has been impressed by the efforts of 39-year-old Lakers All-Star forward LeBron James, both during practices and exhibition games, writes Cesare Milanti of Eurohoops.

“I’m blown away by his effort, concentration, and focus every single drill,” Kerr said. “He talks, and even in a shootaround, he walks through his voice behind the play, yelling out the scheme. His leadership by example. The guy is incredible. I’ve known that forever, but to see it out close, it’s pretty special.”

James is participating in his fourth Olympic games with Team USA, but his first since 2012. After settling for bronze in 2004, Team USA re-tooled, and James won gold in 2008 and ’12 with more team-oriented rosters.

There’s more from the Olympics:

  • Former NBA forward Nigel Hayes-Davis has been suiting up for the USA Select Team, playing alongside Team USA ahead of the Paris Olympics this week. The 6’8″ Fenerbahce swingman discussed his tenure with the Select Team, per Cesare Milantiigel of Eurohoops. “My agent Kevin Bradbury told me something about the USA thing. It was during the season, so I really didn’t pay attention to it. I had other things I was focusing on,” Hayes-Davis said. “I didn’t know what my duties and roles would be. But it’s a tremendous opportunity and it surpasses even what I imagined it would be. I apologize for being long with it, but this is something you couldn’t pay money to be a part of as a basketball player.”
  • Former Mavericks and Lakers forward Kostas Antetokounmpo is waiting on a medical green light with regard to whether or not he can suit up for Olympic competition for the Greek national team, according to Eurohoops. The program will make a final determination on Monday.
  • After almost falling to South Sudan in a Saturday pre-Olympics warm-up game, Team USA can now better appreciate just how formidable some of its foes may be this summer.

Southwest Notes: Jackson, Hawkins, Paul, Rockets

Grizzlies forward GG Jackson is already making strides as a rebounder in Summer League play, writes Damichael Cole of The Memphis Commercial Appeal. Jackson notched two straight double-doubles in scoring and rebounding during his first four Summer League contests. Cole notes that Memphis is frequently tasking the second-year forward with some of the team’s toughest defensive assignments.

On Thursday, Jackson helped the Grizzlies stay undefeated, showing off his improved play-making skills with a six-assist performance, adds Cole in another story. Memphis beat the Clippers in their Summer League semifinal matchup Sunday, and on Monday will square off against the winner of an ongoing Heat-Warriors playoff semifinal.

Jackson was selected with the No. 45 pick out of South Carolina in last year’s draft. The 6’9″ forward quickly emerged as one of the most impressive players in the 2023 class, earning an All-Rookie Team berth for his efforts. Across 48 games (18 starts), Jackson averaged 14.6 points on a .428/.357/.752 shooting line while also chipping in 4.1 rebounds, 1.2 assists, 0.6 steals and 0.5 blocks per night.

There’s more out of the Southwest Division:

  • Second-year Pelicans shooting guard Jordan Hawkins departed his last game of Summer League with an ankle injury, but X-rays on the ailment were negative, reports Christian Clark of NOLA.com (Twitter link). The No. 14 pick out of UConn, Hawkins averaged 7.8 points, 2.2 rebounds, and 1.0 assists during his 2023/24 rookie season.
  • In a new interview with Cyro Asseo de Choch of HoopsHype, third-year Spurs guard Blake Wesley reflected on the club’s decision to add 12-time All-Star veteran Chris Paul in free agency over the summer. “He’s a great dude,” Wesley said. “We just worked out with him not too long ago at Summer League. Yeah. So it’s good. He’s a great dude. He’s talking to me, coaching me, telling me to go handle the ball. So I’m enjoying it so far, and I can’t wait to learn and get the knowledge. Really take what he has. So I’m excited.” One of the great facilitators and shooters in the history of the game, Paul has shown an ability to help develop younger guards, so his addition could greatly abet Wesley.
  • The Rockets enjoyed an active Summer League run, writes Jonathan Feigen of The Houston Chronicle in a piece unpacking his takeaways from the event. No. 3 draft pick Reed Sheppard has already impressed as a scorer, averaging 20 points per game, though he has struggled with protecting the ball.

California Notes: Bronny, Post, Podziemski, Clippers

Following a pair of promising Summer League outings, Lakers rookie point guard Bronny James sat out the team’s Las Vegas finale, a 107-81 blowout of the Bulls, writes Mark Anderson of The Associated Press.

Across his last two available games, the 6’2″ USC alum scored 25 points while shooting 10-of-21 from the floor, including going a respectable 3-of-8 on three-pointers after missing all 15 of his outside attempts prior to that.

“He had two pretty good games last two,” Summer League head coach Dane Johnson said. “I think it’s just going to help him going into the summer so we can work on different things with him. Just that confidence and knowing he can play at this level. It’s still going to take a lot of time and a lot of reps.”

There’s more out of California:

  • After dealing with a leg injury, rookie Warriors big man Quinten Post had a stellar Summer League debut on Friday, writes Monte Poole of NBC Sports Bay Area. “We wanted to make sure he was healthy before he got on the floor, so he was on a minutes restriction, from 12 to 15,” assistant general manager Larry Harris told Poole. “The biggest thing we saw right away is that offensively he was what we’re hoping he can be… Moves well, can run up and down the floor and he can pass. He handles the ball for a big guy and, obviously, shoots the three well. The offensive side, we feel pretty good about.” The seven-footer was selected with the No. 52 pick out of Boston College. In a 90-83 win, Post notched 10 points while shooting 4-of-7 from the floor (2-of-4 from long range), three rebounds, one dime and one steal in just 14 minutes of action.
  • Speaking to Chris Haynes on ESPN’s Summer League broadcast on Saturday (YouTube video link), rising second-year Warriors guard Brandin Podziemski discussed Klay Thompson‘s decision to depart the team for the Mavericks in free agency. “So for me, just appreciating his presence, appreciating everything he shared with me from an on-court and off-court perspective, and getting a call from him a couple days ago and just, him telling me I’ll always have a brother in him for life is pretty cool,” the All-Rookie First Teamer said.
  • The Clippers will debut on owner Steve Ballmer‘s brand-new home court, the Intuit Dome, at the start of the 2024/25 season. Ohm Youngmisuk of ESPN revealed details of the new $2 billion arena, which includes a state-of-the-art video halo called the “Halo Board.” Ballmer is looking forward to having far more scheduling flexibility than he had previously experienced while sharing space with the Lakers and the NHL’s L.A. Kings at Crypto.com Arena. “We got to build a place that is our house,” Ballmer said. “We got to put the energy in our house. We didn’t want to play too many Monday nights against Monday Night Football. We don’t want to play as many Saturday games.”

Suns Notes: Okogie, Dunn, Durant, Madkins

With a new two-year contract in hand, Josh Okogie hopes to help the Suns become a legitimate contender in the West, writes Dave McMenamin of ESPN. Okogie, who has been a valuable reserve in Phoenix for the past two years, was rewarded with a $16MM deal, although only the first season at $8.25MM is guaranteed.

“My mentality is just to go out there and just try to try to give this team the energy that they need on both sides of the floor,” Okogie said. “We have a lot of talent on this team, but I want to be the battery of this team, if that makes sense. The motor of this team, to get people going, get people excited to play, get people moving. … Just, when JO steps on this court, everybody’s intensity level just rises.”

Okogie is with the team in Las Vegas, but he’s concentrating on his photography skills rather than basketball. After trying out his new hobby during Fashion Week in Milan, Italy, Okogie is learning how to shoot the action of Summer League.

“I’m still not good,” Okogie said. “I’ll say 90-95% of my pictures are B.S., but I feel like I’ve gotten better — slightly — each day I’ve taken pictures. I’ve kind of figured out how the camera works, how to do the settings, how to do the white balance and all that. So it’s been pretty cool.”

There’s more on the Suns:

  • First-round pick Ryan Dunn didn’t play on Saturday as Phoenix closed out its Summer League schedule with a loss to Sacramento, writes Duane Rankin of The Arizona Republic. Playing for the fourth time in five days, the Suns chose to rest their top rookie, who displayed elite defensive instincts but struggled with his shot. In four games, Dunn averaged 5.8 PPG on 34.4% shooting, along with 3.8 rebounds, 1.8 assists, 1.5 blocks and 1.3 steals. “Our guys loved him,” owner Mat Ishbia said in an NBA TV interview. “His work ethic. His defensive ability. His athleticism. He’s the kind of guy that fits in well with our team. We’re looking for some young guys that have energy and some positivity while playing great defense. He’s long, athletic and in the Summer League he’s performed just as we expected. It’s been fun having him so far and we’re excited to see what he can do during the season, too.”
  • After going through his first practice with Team USA on Friday, Kevin Durant sat out Saturday’s close call against South Sudan. Monday’s game with Germany will be Durant’s last opportunity to take the floor before the start of the Olympics.
  • Assistant general manager Gerald Madkins won’t return to the Suns next season, sources tell Michael Scotto of HoopsHype (Twitter link). Also leaving are personnel evaluation manager David Sevush and scouts Charles Payne and Darrel Johnson.

Olympics Notes: Team USA’s Near Upset, Ivey, South Sudan, Embiid

It was only an exhibition game, but South Sudan had an opportunity to pull off the greatest upset in international basketball history Saturday in London, writes Brian Windhorst of ESPN. Team USA needed a driving layup by LeBron James with eight seconds remaining and a crucial defensive stop to escape with a 101-100 victory.

It marked the first real taste of adversity for a U.S. team that’s heavily favored to win the gold medal in France. South Sudan built its lead as high as 16 points as the Americans’ offense looked badly out of sync for most of the first half.

“I did not do a great job preparing our team, I think we did not focus enough on what they’re capable of and that’s on me,” head coach Steve Kerr said.“They played a wonderful game and the ending was good for us just to feel that. To feel what it’s going to be like in Paris and Lille. … A good reminder that when we play against teams, it’s the biggest game of their lives and we have to expect everyone to play like that.”

Kerr shook things up by using a completely different lineup to start the second half. That sparked a comeback that featured a 23-5 run covering the late third and early fourth quarters, but South Sudan still grabbed a late lead on a three-pointer by JT Thor that set up James’ heroics.

“I think the whole team was embarrassed at halftime to be totally outplayed and down 14,” Kerr said. “And I don’t think [James] was real thrilled about me not starting him in the third quarter. But I thought that next group that we put out there really did a good job defensively. And I looked down a couple of times and I can see LeBron chomping at the bit to be out on the floor as soon as he got out there and he went to work, so he was brilliant.”

There’s more Olympics news to pass along:

  • Rockets assistant Royal Ivey, who serves as head coach for South Sudan, believes the experience will help his team in the Olympics even though it didn’t quite get the victory, Windhorst adds. In addition to Thor, South Sudan was led by 2022/23 G League Player of the Year Carlik Jones, who posted a triple-double with 15 points, 11 rebounds and 11 assists, and Marial Shayok, a second-round pick by the Sixers in 2019, who had 24 points. “We want to take the momentum, the mindset, the tenaciousness that we had [to the Olympics],” Ivey said. “We didn’t flinch.”
  • South Sudan is already a remarkable story by reaching the Olympics in only its 13th year as a nation, notes Danielle Lerner of The Houston Chronicle. Former NBA star Luol Deng, who serves as president of the country’s basketball federation, personally funded the program and picked Ivey to serve as head coach in 2021. The Bright Stars qualified for the Olympics with their performance in last year’s FIBA World Cup.
  • In an episode of The Interview podcast, Joel Embiid explained that his decision to join Team USA was influenced by pressure from France (hat tip to HoopsHype). “It didn’t help that, you know, France that put an ultimatum on, you know, when the decision had to be made,” Embiid said.

Nets Notes: Bridges Trade, Wilson, Whitehead, Z. Williams

Nets general manager Sean Marks said the trade that sent Mikal Bridges to the Knicks came together quickly, but an unidentified source tells Brian Lewis of The New York Post that the framework was actually set at the trade deadline. Although Bojan Bogdanovic and Shake Milton may not have been mentioned in the original discussions, it appears the idea of five first-round picks and a swap was discussed in February.

“We were always prepared for a rebuild. It wasn’t like, oh, let’s wait to be lucky to find the star that’s coming into free agency. We were always prepared to pivot in the other direction if we could see the right opportunity to do that,” the source said. “And who would’ve thought we could trade Mikal Bridges for five first-round draft picks? And who would’ve thought we were able to find that window of opportunity to get Houston to agree to get our picks back?

“It was eye-opening to see the Knicks offer these kinds of assets for Mikal. If you look at our ability to reload our assets, particularly in the draft year of 2025, we have one pick that’s our own that could be very. very good. … We’ve got three more first-round picks that probably will be in the 20s but it’s a very deep draft. Plus, we have our own second-round pick. That’s a class we can get very excited about.”

Lewis adds that the Nets began to strongly consider a Bridges trade after he openly criticized the team’s direction following a lopsided loss to Boston on February 14. Up to that point, the focus had been on finding an All-Star to pair with him.

There’s more on the Nets:

  • Jalen Wilson is a leading contender for Summer League MVP honors, Lewis states in a subscriber-only story. Through four games, Wilson is averaging 24.3 PPG with 46.3/55.6/88.2 shooting figures. His three-point shooting is especially significant because he only connected at 31.6% from beyond the arc in college, 27.5% last season in the G League and 32.4% in 43 NBA games. Concerns about Wilson’s shooting caused him to fall to the 51st pick in the 2023 draft, but he becomes much more valuable if he can maintain anything close to his Summer League pace. “Shooting helps everything at any level of basketball because it provides space on the floor for his teammates,” said Nets Summer League coach Steve Hetzel.
  • It’s been a difficult Summer League for Dariq Whitehead, who’s trying to return to the court after three surgeries severely limited his playing time in college and during his rookie season, Lewis adds. Whitehead shot 4-of-34 from the field and 2-of-21 from three-point range in his first three games before being held out of Thursday’s contest against Orlando for “rest.” “I’d just like for him to step on the court and play as hard as he can and don’t worry about the makes or misses,” Hetzel said. “That’s been our message from Day 1. … He’s had a tough journey being out as long as he has, and I don’t think any of us can know what he’s going through. It’s our job to just keep encouraging him, put him back out there and have him play as hard as he can the next year.”
  • Lewis suggests more trades could be in the works after Friday’s deal to acquire Ziaire Williams from Memphis. The Nets are determined to stay under the luxury tax, and their cushion dropped from $8.2MM to $4.3MM by adding Williams. League sources told Lewis “there are still moving pieces,” possibly involving Dorian Finney-Smith and Cameron Johnson.