NBA Rumors - HoopsRumors.com

Suns Re-Sign Josh Okogie To Two-Year Contract

July 13th, 2024 at 12:55pm CST by Alex Kirschenbaum

JULY 13: The Suns have officially re-signed Okogie to his two-year contract, according to the transaction log at NBA.com.

JULY 11: Free agent wing Josh Okogie has agreed to a two-year, $16MM contract to stay with the Suns, reports Shams Charania of The Athletic (Twitter link).

Sources tell Michael Scotto of HoopsHype (via Twitter) that the second season of the 6’4″ guard/forward’s deal will be non-guaranteed.

According to Charania and Gerald Bourguet of PHX Sports (Twitter links), Okogie had drawn some interest from several other clubs before ultimately deciding to return to Phoenix. Bourguet notes that the Suns used Okogie’s Early Bird rights to bring him back into the fold.

Cap expert Yossi Gozlan tweets that Okogie’s new detail will increase the Suns’ luxury tax penalty by an eye-popping $47MM.

The 25-year-old arrived in Phoenix in the 2022 offseason as a free agent after spending his first four pro seasons with the Timberwolves. Minnesota initially selected him with the No. 20 pick out of Georgia Tech in the 2018 draft.

Okogie has emerged as a valuable role player across two playoff seasons in the competitive Western Conference. In his 60 healthy games last season, Okogie averaged a modest 4.6 points, 2.6 rebounds, 1.1 assists and 0.8 steals in just 16.0 minutes per night, with a shooting line of .417/.309/.745. He is more valued for his multifaceted defense than his scoring, however, a skill set that may be a bit harder to measure.

Pistons Sign Bobi Klintman To Four-Year Deal

July 13th, 2024 at 12:52pm CST by Rory Maher

12:52pm: Klintman’s deal is official, according to the NBA’s transaction log.

11:39am: The Pistons are signing Bobi Klintman to a four-year contract worth just under $8MM, sources tell Shams Charania of The Athletic and Stadium (Twitter link). The first two seasons are fully guaranteed, Charania adds.

Detroit selected Klintman, 21, with the 37th overall pick in last month’s draft. Michael Scotto of HoopsHype first reported that the Pistons were hoping to sign the Swedish forward to a multiyear standard contract.

Scotto confirms Klintman’s salary will be worth more than the minimum in 2023/24 (Twitter link) — a four-year, minimum-salary deal for a rookie would work out to $7,895,796, so it sounds like Klintman will earn an extra $100K or so next season. The Pistons will almost certainly use the second-round exception to sign the 6’9″ combo forward.

After spending his freshman season at Wake Forest in 2022/23, Klintman decided to play in Australia last season as part of the NBL’s Next Stars program. He appeared in 23 games for the Cairns Taipans in ’23/24, averaging 9.7 PPG, 4.8 RPG and 0.8 SPG on .443/.357/.793 shooting (21.3 MPG).

Warriors Notes: Curry, Kuminga, Moody, Jackson-Davis

July 13th, 2024 at 12:37pm CST by Rory Maher

While it isn’t Golden State’s top priority this offseason, Warriors general manager Mike Dunleavy Jr. told reporters on Friday that discussing an extension with Stephen Curry is on the team’s radar, as Kendra Andrews of ESPN writes.

“That guy can get whatever he wants,” Dunleavy said of Curry. “It’s been a sprint here getting through the draft and free agency and summer league, but all of that will get figured out. Steph, I think I can say pretty confidently, that he will be a Warrior for life.”

Curry, a two-time MVP, is currently training for the Paris Olympics with Team USA. The 36-year-old is under contract for two more seasons (at $55.8MM and $59.6MM). He would be limited to a one-year extension worth $62.6MM in 2026/26 due to the Over-38 rule, as ESPN’s Bobby Marks notes (via Twitter).

Dunleavy also said signing former lottery picks Jonathan Kuminga and Moses Moody to rookie scale extensions is important to the club (Twitter video link via Anthony Slater of The Athletic). Both players will be extension-eligible until the day before the ’24/25 regular season begins.

Here’s more on the Warriors:

Addressing this summer’s roster moves – including parting with Chris Paul and Klay Thompson and bringing in Buddy Hield, De’Anthony Melton, and Kyle Anderson – Dunleavy said that changes were needed after the way the Warriors’ 2023/24 season ended. “I think it would have been hard to run the same team back,” Dunleavy said, per Andrews. “Although 46 wins is pretty good, we didn’t make the playoffs. But this isn’t something where it’s like broken completely. We just need to tune some things up. I think we’ve been able to do that, and we’re excited about this group.”
The Warriors’ offseason work isn’t necessarily complete, but adding another free agent to fill the 15th roster spot won’t be an option for the time being, with the team right up against its hard cap (the first tax apron). “Free agency stuff has calmed down. We’ve got 14 guys and are against the first apron, so adding in that regard right now would be tough,” Dunleavy said. “But you’re always looking around the league to get better, talking to teams and exploring stuff. I like our team, but there’s also some things that we can look to improve at.”
Asked during an appearance on 95.7 The Game (Twitter links) whether the Warriors would be willing to trade Kuminga in a deal for an impact player, head coach Steve Kerr didn’t directly answer the question, but suggested no one on the roster besides Curry is absolutely untouchable. “There’s very few players in the league who are not talked about in trade discussions,” Kerr said. “Steph Curry is not being discussed in trade talks. Everybody else is. If you went down the list of NBA teams, the Lakers (are) probably not talking to anybody about LeBron (James). Everybody’s got maybe one or two guys who are off the table. The vast majority of NBA players are constantly going to be discussed in trade talks because everyone’s trying to do the same thing, which is improve their team.”
In a conversation with Mark Medina of Sportskeeda, second-year big man Trayce Jackson-Davis discussed a handful of topics, including the experience of being on the U.S. Select Team and what sort of role he expects to have in Golden State next season. “(Kerr) wants me to be more offensive-minded and continue to make plays out of the dunker (spot), almost like the way (Domantas) Sabonis plays,” Jackson-Davis said. “That’s similar to what he wants me to be.”

Luke Adams contributed to this post.

Veteran Big Man Mike Muscala Retiring

July 13th, 2024 at 8:42am CST by Rory Maher

Veteran big man Mike Muscala is ending his playing career, telling Joel Lorenzi of The Oklahoman that he plans to retire.

Muscala’s father, Bob, informed Lorenzi that Mike plans to pursue a graduate degree in sports management, with an eye on continuing his basketball career in coaching and/or management.

The No. 44 overall pick of the 2013 draft, Muscala has spent the past 11 NBA seasons playing for the Hawks, Sixers, Lakers, Thunder, Celtics, Wizards and Pistons. He finished last season in Oklahoma City, returning to the Thunder in March after playing for them from 2019-23.

Muscala, 33, spent the first five seasons of his career with Atlanta. He was traded multiple times during the 2018/19 season before finding a home in Oklahoma City for a few years. He spent the past year-plus playing for four different teams — OKC, Boston, Washington, Detroit and finally OKC again. According to Lorenzi, Muscala said relocating so many times in a short period of time took its toll on him, but he was grateful to finish his career with the Thunder.

“It means a lot,” Muscala said of his time with the Thunder back in May. “I went through a lot in my life when I was here, just the city, the fans, the way that they support the team, what the team means to the community, those are things that I feel like I can relate to.

“I’ll always be a Thunder fan no matter what happens in my life.”

In 548 regular season contests, including 45 starts, the former Bucknell star averaged 5.9 PPG and 3.1 RPG in 15.0 MPG. The 6’10” center/forward was known mostly for his outside shooting ability (37.3% career from three-point range) and for being a positive locker-room presence.

Mavericks Sign Emanuel Miller

July 13th, 2024 at 7:08am CST by Tristan Tucker

The Mavericks have signed forward Emanuel Miller, according to a team press release. While the terms of the deal weren’t revealed, the move was announced alongside the signing of Jazian Gortman, who agreed to an Exhibit 10 deal. It stands to reason that Miller is likely also joining the team on an Exhibit 10 contract.

Miller went undrafted in 2024 after playing five collegiate seasons — first at Texas A&M and then at TCU. In his final season of college ball, Miller averaged 15.8 points, 6.1 rebounds, 2.6 assists and 1.1 steals while shooting 48.6% from the field and 38.3% from beyond the arc.

According to Mike Curtis of Dallas Morning News (Twitter link), Mavericks summer league coach Jared Dudley referred to Miller as one of the most physical players on the team.

Miller ranked as ESPN’s 22nd-best available undrafted free agent. Most of the players on the list ranked ahead of them have signed or agreed to two-way deals. If Miller signed an Exhibit 10 deal, he could have it converted to a two-way contract at a later date. The Mavericks currently have one two-way contract opening, with Alex Fudge and Brandon Williams occupying two of the team’s three spots.

An Exhibit 10 contract is a non-guaranteed minimum-salary deal that doesn’t count against a team’s cap unless the player makes the regular season roster. It can be converted to a two-way contract before the season begins or the player can earn a bonus of up to $77.5K if he’s waived and then spends at least 60 days with his team’s G League affiliate.

Jamal Cain Signs Two-Way Deal With Pelicans

July 13th, 2024 at 7:00am CST by Tristan Tucker

JULY 13: The Pelicans have officially signed Cain, per the transaction log at NBA.com.

JULY 12: Free agent wing Jamal Cain has agreed to a two-way deal with the Pelicans, Adrian Wojanrowski of ESPN reports (Twitter link).

Cain, 25, spent the first two seasons of his career with the Heat. He appeared in 44 games with the Heat from 2022-24, averaging 4.4 points and 2.0 rebounds per contest.

The 6’6″ guard/forward has impressed in limited stints with Miami, averaging 8.0 points and 5.3 boards in a three-game win streak in 2022/23 as well as recording 18 points and six rebounds in a win over the Warriors in ’23/24.

Cain played the first four seasons of his collegiate career for Marquette before transferring to Oakland. After going undrafted in 2022, he joined the Heat and earned a two-way contract.

While he played sparingly for the Heat in the regular season, he saw much more playing time in Summer League, preseason and the G League in Miami’s system. He averaged 10.9 PPG across nine games in two seasons with Miami in preseason games and then averaged 21.6 PPG, 9.3 RPG and 1.6 SPG on .540/.372/.815 shooting splits in two years with the Skyforce.

Cain angled for a standard contract last offseason but ultimately didn’t receive one before re-upping with Miami on a two-way deal. Due to the Heat’s roster crunch with their young two-way players, Cain didn’t receive a promotion from his two-way deal over the two seasons he spent in the organization. After the Heat filled out all three of their two-way spots early in free agency and then filled out their regular roster, it was clear Cain wouldn’t be returning.

Now, the Pelicans land a productive wing who spent two years in Miami’s successful development program. As our two-way contract tracker for 2024/25 shows, the Pelicans only have one such spot filled — with Malcolm Hill occupying a spot. For what it’s worth, No. 47 overall pick Antonio Reeves hasn’t signed his rookie contract with the Pelicans, so it’s possible he will fill one of those two open spots alongside Cain.

Nuggets Rookie DaRon Holmes Tears Right Achilles

July 13th, 2024 at 5:36am CST by Luke Adams

DaRon Holmes‘ rookie season appears to be over before it started. According to Shams Charania of The Athletic (Twitter link), Holmes sustained a torn right Achilles tendon during his Summer League debut on Friday and is expected to miss all of 2024/25.

It’s a brutal blow for a player whom the Nuggets were so high on that they surrendered three second-round picks in order to move up from No. 28 to No. 22 in last month’s draft to make sure they got him.

While there was no guarantee Holmes would have played rotation minutes in his first NBA season, he likely would have been given the opportunity to earn a regular role on a Denver team that will need contributions from a few of its younger players. Instead, the forward/center’s NBA debut will almost certainly be delayed until the fall of 2025.

Prior to entering this year’s draft, Holmes compiled an impressive résumé in three college seasons at Dayton, earning All-Atlantic 10 honors in all three years, including a First Team spot in 2023 and 2024. He was named the Atlantic 10 co-Player of the Year and Defensive Player of the Year in 2024 after averaging 20.4 points, 8.5 rebounds, 2.6 assists, and 2.1 blocks in 32.5 minutes per game across 33 starts in 2023/24. He also posted a shooting line of .544/.386/.713.

Prior to his injury on Friday, Holmes had been enjoying a solid Summer League debut, with 11 points and seven rebounds. His parents and agent were in attendance at the game, notes Bennett Durando of The Denver Post.

With Holmes sidelined for the 2024/25 season, the Nuggets figure to lean more on Zeke Nnaji and newly signed big men Dario Saric and Vlatko Cancar for frontcourt depth. DeAndre Jordan will also be back, though his new deal with the team isn’t yet official.

As Harrison Wind of DNVR Sports observes (via Twitter), Denver could apply for a disabled player exception following Holmes’ injury, but it would be worth just $1,532,820, half of the rookie’s $3,065,640 salary, so it wouldn’t be very useful. You can learn more about how disabled player exceptions work in our glossary.

Southwest Notes: Geriot, Murphy, Edey, Castle

July 12th, 2024 at 10:48pm CST by Dana Gauruder

Dan Geriot is joining the Pelicans as an assistant coach under Willie Green, ESPN’s Tim Bontemps tweets. Geriot spent the past nine years with the Cavaliers. New Orleans’ interest in Geriot was reported earlier this week.

We have more from the Southwest Division:

Pelicans wing Trey Murphy, who is participating this summer with the Select Team, said that if Zion Williamson can stay healthy, New Orleans will be a serious contender. “You get to see what a generational talent looks like with a healthy team. That’s the biggest thing. We’ve got to be healthy,” Murphy told Michael Scotto of HoopsHype. “That’s always been our thing for my entire time in New Orleans. If we have a healthy team, I think we can make a deep run.”
Grizzlies lottery pick Zach Edey sat out Friday’s Summer League game against the Kings with a mild ankle sprain, according to Michael Wallace of Grizzlies.com (Twitter link). Edey is expected to return to action in Las Vegas at some point.
Spurs lottery pick Stephon Castle has aspirations to be a starting point guard but it probably won’t happen this year with Chris Paul signing with the club. Castle says he’s looking forward to the experience of playing with and learning from the future Hall of Famer. “I’m super happy about that,” Castle told Jeff McDonald of the San Antonio Express-News. “To have a guy like that and play alongside him and have him mentor me a bit, it’s going to be fun.”

New York Notes: Johnson, Hetzel, McCullar, Jokubaitis, Brunson

July 12th, 2024 at 9:40pm CST by Dana Gauruder

Keon Johnson played on a two-way contract with the Nets last season and is now an unrestricted free agent. He’s trying to earn another NBA deal while playing on Brooklyn’s Summer League team.

Johnson appeared in five Nets games last season.

“It’s really their interest that they’ve shown to me at the beginning,” Johnson told Brian Lewis of the New York Post. “Brooklyn had interest in me during the draft. They couldn’t get me in the draft, but really just having an organization around me that is hands-on and wants to see me grow. So I feel like with the free agency that I have right now, all I’m focused on is just someone giving me the opportunity to play ball. I feel like everything else will settle itself whenever I step out onto the court. But right now I’m just focused on step [one], being on the court and showing what I can do.”

We have more New York notes:

Jordi Fernandez and his Nets coaching staff want to establish their philosophy and approach during the Summer League, according to Brian Lewis of The New York Post. “From our standpoint, as a group, as a coaching staff from Jordi and also the front office, we don’t see our style of play changing necessarily with our roster compared to the summer league,” Summer League coach Steve Hetzel said. “And that’s the importance of summer league is to set a foundation of how we want to play. … We want our Brooklyn Nets team to be disruptive, physical and help, and we want to play fast and share the ball. So the messaging, it will just carry over into that team.”
Knicks second round pick Kevin McCullar won’t play in the Summer League, The Athletic’s Fred Katz tweets. The 56th pick of the draft out of Kansas is still rehabbing a knee injury he suffered in his final college season.
Rokas Jokubaitis, a 2021 draft pick, is on the Knicks’ Summer League roster but he’s apparently returning to Europe, rather than coming to the Knicks’ training camp. After three years with Barcelona, the draft-and-stash prospect is close to returning to Zalgiris Kaunas in his home country Lithuania, according to Donatas Urbonas of Basket News.
Jalen Brunson‘s extension includes a 15% trade kicker, Katz tweets. The Knicks star guard signed the four-year extension on Friday.

Kyle Lowry Signs One-Year Deal With Sixers

July 12th, 2024 at 9:32pm CST by Alex Kirschenbaum

JULY 12: Lowry has officially signed his new contract, according to a team press release.

“Kyle is a floor general, the ultimate competitor, and a proven winner who has experienced success at the highest level. His return is vital to our quest toward bringing a championship back to the City of Philadelphia,” Morey said in a statement.

JULY 11: Free agent point guard Kyle Lowry is signing a new one-year contract to return to his hometown Sixers, sources inform Shams Charania of The Athletic (Twitter link). Charania didn’t report the terms of the deal, but Philadelphia can only offer the veteran’s minimum to free agents after using all of its cap space and its room exception.

Lowry shared the news himself in a fresh Instagram video.

The 38-year-old will be playing in his 19th NBA season in 2024/25. Adrian Wojnarowski of ESPN tweets that conversations between Philadelphia team president Daryl Morey and Lowry’s agent Mark Bartelstein of Priority Sports increased over the last week.

According to Woj, the Villanova alum had been weighing his options and considering several playoff hopefuls as he looks to win his second championship.

After starting out the 2023/24 season with the Heat, Lowry and his expiring $29.7MM contract were traded to the Hornets in exchange for the younger Terry Rozier, currently a more prolific offensive threat. Lowry negotiated a buyout and signed on with his hometown Sixers, where he quickly earned a backcourt starting role alongside All-Star point guard Tyrese Maxey with De’Anthony Melton injured.

Though he’s no longer a high-volume scorer, Lowry remains an efficient three-point threat and a surprisingly savvy defender whose solid frame allows him to match up with bigger players despite his 6’0″ height. Across his 23 regular season contests with the Sixers last year (20 starts), the six-time All-Star posted averages of 8.0 points, 4.6 assists, 2.8 rebounds, and 0.9 steals per night, with a shooting line of .444/.404/.848.

The Sixers have enjoyed perhaps the most productive offseason of any team this summer. Morey cleared out more than $53MM in cap space and pounced when star Clippers forward Paul George became available, quickly signing him to a four-year, maximum deal worth nearly $212MM.

Philadelphia also signed three-and-D small forward Caleb Martin, brought back rebounder extraordinaire Andre Drummond after his two-year Bulls stint, used their full room exception to re-sign swingman Kelly Oubre, signed sharpshooter Eric Gordon to a minimum contract, and signed restricted free agent Tyrese Maxey to a maximum deal via his Bird rights. The Sixers could still conceivably bring back free agent swingman KJ Martin, too, if the price is right.

All told, with this depth surrounding a new core of George, Maxey and perennial MVP candidate Joel Embiid, Philadelphia now looks like one of the best-equipped clubs in the East to challenge the Celtics for conference supremacy next season.