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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.

Pistons Hiring Luke Walton As Assistant Coach

July 12th, 2024 at 7:52pm CST by Tristan Tucker

The Pistons are hiring Luke Walton to join J.B. Bickerstaff‘s coaching staff as the lead assistant, according to The Athletic’s Shams Charania (Twitter link). As noted by Charania, Walton has spent the last two seasons serving as an assistant coach in Cleveland under Bickerstaff.

Walton played in the NBA for the Lakers from 2003-12 and then spent the 2012/13 season with the Cavs before retiring. He then enjoyed brief stints as an assistant for the University of Memphis and the now-South Bay Lakers of the G League.

Walton got his first NBA coaching job in 2014 as an assistant for the Warriors for two seasons. He helped the organization win a title in ’14/15 and earn an all-time best 73-9 record in ’15/16. Filling in as Golden State’s interim head coach at the start of the ’15/16 season while Steve Kerr recovered from back surgery, Walton led the Warriors to a 24-game winning streak and a 39-4 overall record. He was hired by the Lakers the following season as a first-time head coach.

The Lakers went 98-148 in three years under Walton. After leaving the Lakers, Walton was hired as the head coach in Sacramento, where he won 68 games in a little more than two seasons. In all, Walton owns a 166-241 record as a head coach.

Groups Revealed For 2024 NBA Cup

July 12th, 2024 at 7:28pm CST by Tristan Tucker

The NBA has announced the five-team groups for this year’s in-season tournament, now renamed the Emirates NBA Cup, the league announced in a release on Friday (Twitter link).

Like last year, there are six groups — three each from the Western Conference and Eastern Conference — and each conference was split into five groups based on last year’s standings. One team was selected at random from each group to determine the group round matchups.

The results are:

West Group A: Timberwolves, Clippers, Kings, Rockets and Trail Blazers
West Group B: Thunder, Suns, Lakers, Jazz and Spurs
West Group C: Nuggets, Mavericks, Pelicans, Warriors and Grizzlies
East Group A: Knicks, Magic, Sixers, Nets and Hornets
East Group B: Bucks, Pacers, Heat, Raptors and Pistons
East Group C: Celtics, Cavaliers, Bulls, Hawks and Wizards

The NBA Cup begins with group play, which runs from Nov. 12 to Dec. 3. Each team plays one game against each of the four opponents in its group. The NBA released a matchup matrix to help fans follow along (Twitter link).

Just like last season, the winner of each group advances to a knockout round alongside the team with the best record in each conference that didn’t win a group. The semifinals and finals will again be played in T-Mobile Arena in Las Vegas.

Last year, the Lakers won the inaugural in-season tournament over the Pacers. LeBron James was named the tournament MVP after dropping 24 points in the title game.

The full game and broadcast schedule for group play will be announced next month.

Pistons Re-Sign Simone Fontecchio To Two-Year Deal

July 12th, 2024 at 7:17pm CST by Luke Adams

JULY 12: The Pistons have officially re-signed Fontecchio, according to the NBA’s transaction log.

JULY 6: The Pistons and free agent wing Simone Fontecchio are in agreement on a two-year, $16MM contract, reports ESPN’s Adrian Wojnarowski (Twitter link).

Fontecchio, 28, played professionally in Europe from 2012-22 before signing with the Jazz two summers ago. He spent a season-and-a-half in Utah, then was traded to Detroit at this year’s trade deadline.

In 66 total games (43 starts) for the Jazz and Pistons in 2023/24, the Italian wing averaged 10.5 points, 3.7 rebounds, and 1.5 assists in 24.9 minutes per game, with a strong shooting line of .460/.401/.818.

Because he only has two years of NBA experience under his belt, Fontecchio was eligible for restricted free agency, and the Pistons issued him a $5.2MM qualifying offer to ensure that he wouldn’t be able to sign with another team without Detroit getting a chance to match.

It didn’t come to that, however, as the Pistons and Fontecchio have worked out a new deal directly, less than a week after the free agent period officially opened.

Fontecchio will provide additional shooting on a team that is prioritizing spacing the floor around rising star guard Cade Cunningham. Detroit has also agreed to sign Malik Beasley and Tobias Harris while acquiring Tim Hardaway Jr. in a trade with Dallas.

Fontecchio’s new deal won’t affect the Pistons’ cap room, since his $5.2MM cap hold has already been accounted for in the team’s cap projections. Detroit will be able to go over the cap to officially re-sign him using his Early Bird rights.

Scotto’s Latest: Jones, Kennard, Martin, Okogie, Knicks, Shamet, Klintman

July 12th, 2024 at 6:31pm CST by Tristan Tucker

The Clippers are showing interest in free agent guard Tyus Jones in sign-and-trade scenarios, Michael Scotto of HoopsHype reports in his latest around-the-league notebook.

While this is just speculation on Scotto’s part, the Clippers could look to use some combination of the expiring contracts of P.J. Tucker and Russell Westbrook or draft compensation and Bones Hyland in sign-and-trade scenarios for the Wizards guard.

Jones, our No. 15-ranked free agent, averaged 12.0 points and 7.3 assists per game last season while shooting 48.9% from the field and 41.4% from beyond the arc.

We have more from Scotto:

The leaguewide expectation is that Luke Kennard will return to the Grizzlies after the organization declined his team option before free agency, Scotto writes. Kennard averaged 11.0 PPG on 45.0% shooting from deep last season.
As we noted earlier Friday, it’s likely the Sixers look to use newly signed KJ Martin‘s contract as a trade chip when he becomes eligible to be moved on Jan. 15. The Sixers could trade for a player making $14MM if they packaged Martin alongside three minimum-salary players in a trade.
The Suns gave Josh Okogie a similar deal to what Martin got and could also look to utilize his salary as a trade chip, Scotto reports. However, unlike Martin, Okogie’s deal can’t be aggregated with other players on Phoenix’s roster due to the team’s position relative to the second tax apron.
The Knicks are trying to add both size and shooting to their roster this offseason, Scotto writes. Davis Bertans has previously been mentioned as an option for the Knicks, and they’re also expressing interest in free agent guard Landry Shamet. As reported, New York has shown interest in Walker Kessler but Utah’s asking price remains high. Meanwhile, Precious Achiuwa remains open to a return to New York.
Outside of the Knicks, Scotto reports that Shamet has drawn “exploratory interest” from the Bucks, Heat and Timberwolves. A return to the Wizards isn’t out of the question either.
The Pistons are attempting to finalize a contract with their No. 37 overall pick Bobi Klintman. Klintman is expected to end up on the 15-man roster on a multiyear contract, according to Scotto. The Pistons were intrigued by his size and shooting ability and are hoping to have him on a standard deal.

Dario Saric Signs With Nuggets

July 12th, 2024 at 6:11pm CST by Arthur Hill

July 12: Saric’s deal with the Nuggets is now official, the team announced in a press release (Twitter link).

July 6: The Nuggets will add veteran power forward/center Dario Saric on a two-year, $10.6MM deal, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Saric will have a player option on the second season of the contract, Wojnarowski adds.

Denver will use its $5.2MM taxpayer mid-level exception and will become hard capped at the $188.9MM second apron, according to cap expert Yossi Gozlan (Twitter link). The Nuggets are currently $12.6MM below the apron with 12 players under contract. They will be limited to minimum signings to fill out the roster.

Jake Fischer of Yahoo Sports revealed last week that Denver had ongoing interest in signing Saric. He reportedly also had an opportunity to join Panathinaikos in Greece if he didn’t receive an NBA offer to his liking.

Saric earned $2.7MM last season with the Warriors on a one-year, veteran’s minimum contract. He appeared in 64 games, making nine starts, and averaged 8.0 points, 4.4 rebounds and 2.3 assists in 17.2 minutes per night.

He’ll likely fill a similar role with the Nuggets, who have been looking to add some experience to their roster after suffering significant free agent losses since winning the 2023 championship. His signing may also clear the way for a trade of forward/center Zeke Nnaji, who is reportedly being made available. Nnaji saw limited playing time last season, and his four-year, $32MM contract extension will begin with the 2024/25 season.

Saric, 30, was selected with the 12th pick in the 2014 draft. Before coming to Golden State, he spent time with Philadelphia, Minnesota, Phoenix and Oklahoma City.