Philadelphia 76ers Rumors | Hoops Rumors

Scotto’s Latest: Markkanen, Achiuwa, Knicks, Kessler, Vucevic, Sixers

July 2nd, 2024 at 3:57pm CST by Luke Adams

The expectation around the NBA, according to Michael Scotto of HoopsHype, is that the Jazz will only seriously consider trading Lauri Markkanen if they receive a huge offer similar in value to the one Brooklyn got for Mikal Bridges, which included four unprotected first-round picks, an unprotected first-round swap, and one more lightly protected first-rounder.

The decision on Markkanen is viewed as an inflection point for the Jazz, who could accelerate their timeline by trying to find another star to join him in Utah or extend their timeline by moving the star forward and continuing to stockpile assets ahead of a loaded 2025 draft.

In addition to confirming the four teams previously reported to have interest in Markkanen (the Warriors, Spurs, Kings, and Timberwolves), Scotto adds the Pelicans to the list of potential suitors for the star forward. However, he says New Orleans has been reluctant to discuss valuable young role players like Trey Murphy and Herbert Jones.

Brandon Ingram, the most obvious trade candidate on the Pelicans’ roster, wouldn’t be a logical target for Utah in a Markkanen trade. New Orleans is including a pair of first-round picks in its deal for Dejounte Murray but could still offer as many as four first-rounders (2025, 2027, 2029, and 2031) in a package for a player like Markkanen.

Here’s more from Scotto:

Unrestricted free agent Precious Achiuwa – who is drawing interest from multiple contenders, per Ian Begley of SNY.tv – liked playing in New York and remains open to re-signing with the Knicks, Scotto writes. The Knicks’ search for help at center has also involved making trade calls to the Jazz about Walker Kessler and the Hornets about Nick Richards, according to Scotto, who says rival executives think the Jazz are more willing to listen to inquiries on Kessler than they would’ve been a year ago.
With DeMar DeRozan seemingly on the verge of leaving Chicago, there’s a belief around the league that the Bulls may look to trade Nikola Vucevic and make the roster even younger, league sources tell Scotto.
Providing several Sixers-related updates, Scotto says Philadelphia is expected to either trade or waive Paul Reed and his $7.7MM non-guaranteed contract, has exploratory trade interest in Nets forward Dorian Finney-Smith, and wants to add more shooting and guard depth, with Lester Quinones and Kyle Lowry among the players on its radar. Additionally, second-round pick Adem Bona is expected to get a standard contract and a place on the 76ers’ 15-man roster, Scotto reports.

A Closer Look At How Paul George Wound Up In Philadelphia

July 2nd, 2024 at 1:54pm CST by Arthur Hill

Bad weather caused a two-hour flight delay for Sixers owner Josh Harris and franchise legend Julius Erving as they headed to Los Angeles to meet with Paul George on Sunday, writes Ramona Shelburne of ESPN. But they found a pleasant surprise when they arrived, as their No. 1 free agent target showed up wearing a T-shirt featuring another Sixers icon, Allen Iverson.

George’s other options were mostly exhausted by that point, so the late-night meeting was more or less a formality. The Clippers weren’t willing to give him the four-year contract he wanted, and the Magic, who were the other team George agreed to meet with, had already reached an agreement with Kentavious Caldwell-Pope that limited their remaining cap space.

George happily accepted the four-year max offer, giving Sixers brass the player they had been hoping to acquire since James Harden demanded a trade last summer. Sources tell Shelburne that when Clippers executive Lawrence Frank originally called to ask about Harden, Philadelphia president of basketball operations Daryl Morey asked for George in return. Frank wasn’t willing to consider it because L.A. was trying to compete for a title, but the team’s concerns about a long-term stay in the second apron eventually made George available in free agency.

Shelburne hears that after Kawhi Leonard agreed to a three-year, $150MM extension in January — after being eligible for four years at $221MM — there was pressure on George to accept a similar deal. At age 34, George was hoping to maximize what could be his final NBA contract, so he began to consider other options.

Sources tell Shelburne that the Clippers’ offers to George were for less guaranteed money than what Leonard received. She adds that George was aware that other teams were willing to give him a four-year max contract and he was disappointed by the Clippers’ resistance.

Shelburne confirms a weekend report that the Warriors made a serious effort to trade for George on Saturday as the deadline for picking up his $48.8MM option approached. Chris Paul‘s agreement to push back the guarantee date on his $30MM salary for next season was done in case Golden State needed to include all or part of that money in a deal with L.A.

Shelburne’s sources say there were talks at both the ownership and executive levels as the Warriors made numerous offers consisting of expiring contracts, young players and a 2027 first-round pick that would have been unprotected. The Clippers asked for Jonathan Kuminga to be included, but Shelburne hears that Golden State was unwilling to part with the talented young forward because they feared George’s interest in joining the Warriors would dip if they gave up too much to acquire him.

The trade ultimately died because of the Clippers’ reluctance to take back contracts that would push them into the second apron unless the talent level justified it.

L.A. Notes: Lakers, Klay, DeRozan, Clippers, George, Batum

July 2nd, 2024 at 7:53am CST by Luke Adams

The Lakers are believed to have made a bid for Klay Thompson that would’ve been for more years and more overall money than the three-year, $50MM deal he accepted from the Mavericks, according to reports from Dan Woike of The Los Angeles Times and Tim MacMahon of ESPN on the Hoop Collective podcast (hat tip to RealGM). Los Angeles would have had to send out salary and assets in a sign-and-trade to make such an offer.

The Lakers were “extremely intriguing” to Thompson, says ESPN’s Adrian Wojnarowski. However, sources tell Wojnarowski that the Mavericks’ NBA Finals run and the financial advantages of living in Texas were among the deciding factors for the veteran sharpshooter, who will be joining a new team for the first time since entering the NBA in 2011.

LeBron James reportedly made a recruiting call to Thompson when free agency opened and the Lakers had a face-to-face meeting with the 34-year-old on Sunday night, per Marc Stein (Twitter link). But, as Stein writes, the Mavs had Thompson’s former USA Basketball teammate Kyrie Irving on their side for recruiting purposes and were able to secure Thompson’s commitment following their own face-to-face meeting.

Here’s more out of Los Angeles:

Having missed out on Thompson, the Lakers shifted their focus to DeMar DeRozan, Jovan Buha of The Athletic confirms. LeBron James would reportedly be willing to accept a pay cut to accommodate the acquisition of DeRozan, so L.A. could theoretically offer the free agent forward more than the full mid-level exception via a sign-and-trade. But negotiating such a deal would be tricky, since the Bulls will want assets in return and likely won’t be open to taking back much – if any – salary due to their own financial situation.
It’s unclear if there are any other free agent targets left on the board for whom James would take a discount, so if the Lakers are unable to land DeRozan, LeBron would likely be on track to sign a maximum-salary contract with the team, Buha notes.
Buha adds that the Lakers have been active in trade talks in recent days, discussing possible deals with the Trail Blazers, Nets, and Jazz, among other clubs. Previous reporting has suggested the Lakers have some level of interest in Jerami Grant (Portland) and Cameron Johnson (Brooklyn); Utah has plenty of cap room available and could potentially take on salary as a third team in a sign-and-trade for DeRozan, though that’s just my speculation. The Jazz are also believed to be open to listening to inquiries on some of their veterans, including Lauri Markkanen (to be clear, the Lakers aren’t among the teams that have been linked to Markkanen so far).
Besides being unwilling to offer Paul George a fourth year, the Clippers also didn’t include a no-trade clause in their proposal to the star forward, ESPN’s Wojnarowski said during a SportsCenter appearance (hat tip to RealGM). George would have been eligible for a no-trade clause with the Clippers because he was signing a free agent contract, had at least eight years of NBA experience, and had spent at least four years with the team.
Sixers star Joel Embiid was pushing for a return to Philadelphia for Nicolas Batum, who also drew interest from the Bucks, among other teams, reports Tomer Azarly of ClutchPoints. However, Batum – who played for the Clippers from 2020-23 – still has family in Los Angeles and considers it home, per Azarly. Azarly adds that the forward’s relationships with head coach Tyronn Lue and some front office members also factored into his decision to return to L.A. on a two-year deal.

Atlantic Notes: Hartenstein, Pagliuca, George, Nets Rebuild

July 1st, 2024 at 9:24pm CST by Dana Gauruder

Money talks and that’s one big reason why Isaiah Hartenstein walked away from the Knicks in free agency. It was a difficult decision for Hartenstein, Stefan Bondy of the New York Post writes, because he wanted to stay in New York.

But as a player who had earned approximately $23MM so far in his NBA career, Hartenstein couldn’t pass up on the Thunder‘s three-year, $87MM offer, which will pay him about $30MM in year one, especially given the more favorable cost of living in Oklahoma City, Bondy writes. The Knicks held the center’s Early Bird rights, limiting them to a four-year, $72.5MM offer.

We have more from the Atlantic Division:

Celtics co-owner Steve Pagliuca suggested in a statement relayed by Adam Himmelsbach of the Boston Globe (Twitter link) that he’s not looking to divest from the team. Earlier on Monday, it was made public that the team’s majority ownership group, led by Wyc Grousbeck, intended to put the franchise up for sale. Pagliuca’s statement reads in part, “Being a co-investor and managing partner of the Celtics has been a great honor and a labor of love. I hope to be a part of the Celtics moving forward and will be a proud participant in the bidding process that has been announced today.”
The Sixers had little choice but to pursue Paul George on the free agent market in order to keep up with the Eastern Conference contenders, Sam Amick of The Athletic opines. It was the best move available on the board, according to Amick, and keeps them alive in the chase for next year’s conference title.
The Nets must choose among two paths in their rebuild, according to Brian Lewis of the New York Post. They could make up to four first-round picks in a loaded 2025 draft and spend $80MM in free agency in an effort to accelerate the process or they could take a longer route. In that scenario, they could trade Ben Simmons, Bojan Bogdanovic and Dennis Schröder — players that come off the cap next summer — this offseason for unwanted multiyear contracts and more picks.

FA/Trade Rumors: Lakers, Klay, Mavs, DeRozan, Markkanen, Bey, Bullock

July 1st, 2024 at 11:05am CST by Luke Adams

LeBron James and agent Rich Paul talked to the Lakers last week and conveyed that the star forward would be willing to accept a pay cut in 2024/25 in the event that the team was able to land one of the players on a “short list” of free agent targets, ESPN’s Brian Windhorst confirmed on Monday’s Hoop Collective podcast (YouTube link).

Previous reporting identified three of those possible Lakers targets as James Harden, Klay Thompson, and Jonas Valanciunas. Of the three, only Thompson is still on the board after Harden reached a deal to re-sign with the Clippers and Valanciunas agreed to terms with the Wizards, and ESPN’s Adrian Wojnarowski said on SportsCenter on Sunday night (YouTube link) that James called Thompson right when free agency opened.

The Mavericks continue to be considered a strong contender for Thompson, but would have to negotiate a sign-and-trade agreement with the Warriors in order to acquire him into the $16MM+ trade exception they’re creating in the Tim Hardaway Jr. deal. According to Ian Begley of SNY.tv (Twitter video link), a third team may be needed in that scenario to take on an outgoing player from Dallas. While Begley doesn’t mention any specific names, that outgoing Mavs player would almost certainly be either Josh Green or Maxi Kleber.

Even if Thompson ends up in Dallas, the Lakers may still have other names on that “short list” of targets that the team discussed with James, per Windhorst.

“I think there’s more than three,” Windhorst said on the Hoop Collective podcast. “I think DeMar DeRozan is on that list as well, and there may be another one or so.”

Here are a few more trade and free agency rumors from around the NBA:

During that same episode of the Hoop Collective podcast (YouTube link), Windhorst suggested that teams who have talked to the Jazz believe Lauri Markkanen could be had for the right price. According to Windhorst, the Warriors are “definitely investigating” Markkanen and the Spurs may also be among the teams with interest. “The teams who are negotiating with the Jazz do think there’s a good chance they’re going to move him,” Windhorst said (hat tip to RealGM). “Sometimes, (Jazz CEO) Danny Ainge will act like he’s going to do a trade and then there’s no trade. Maybe that will happen again here. But the teams negotiating think (he’s available).”
Despite not tendering him a qualifying offer to make him a restricted free agent, the Hawks remain in discussions with forward Saddiq Bey, according to Brad Rowland of Locked on Hawks and Lauren L. Williams of The Atlanta Journal-Constitution (Twitter links). Bey will likely miss most or all of next season due to a torn ACL, so if Atlanta wants to keep him, it makes more sense to discuss a longer-term deal without the risk that the 25-year-old will accept his one-year, $8.5MM QO.
Free agent wing Reggie Bullock has met with the Suns, Nuggets, Clippers, and Sixers so far in free agency, according to Kelly Iko of The Athletic (Twitter link), who says the veteran swingman is expected to talk to more teams in the coming days. Bullock’s market figures to be for the vet minimum.

Sixers Re-Sign Kelly Oubre On Two-Year Contract

July 1st, 2024 at 12:51am CST by Luke Adams

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

“Kelly was one of our most important contributors last season, bringing physicality, energy, and toughness to the table on a nightly basis,” top executive Daryl Morey said. “We’re excited to have him back and believe he’ll play a key role in our pursuit of a championship.”

JULY 1: Kelly Oubre is returning to Philadelphia, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that the free agent forward is in agreement with the Sixers on a new two-year, $16.3MM deal. The contract will include a second-year player option, Wojnarowski adds.

After averaging 20.3 points per game with the Hornets in 2022/23, Oubre accepted a one-year, minimum-salary contract with Philadelphia last summer and played a significant role for the club this past season, averaging 15.4 PPG, 5.0 RPG, and 1.5 APG in 68 games.

An athletic, versatile defender with good size, Oubre made 52 starts and averaged 30.2 minutes per night, logging more total minutes in ’23/24 than any Sixer besides Tyrese Maxey and Tobias Harris. He came in at No. 31 on our list of this year’s top 50 free agents.

The terms of Oubre’s new deal suggest he’ll be re-signed using Philadelphia’s room exception once the team has used up its cap space. As we outlined earlier, based on the $140.59MM salary cap for 2024/25, that exception for cap-room teams will start at just under $8MM and can be worth up to about $16.37MM over two years.

The 76ers have had a busy first day in free agency, reaching contract agreements with Andre Drummond (two years, $10MM), and Eric Gordon (veteran’s minimum) in addition to Oubre. Philadelphia is also the strong frontrunner to land star forward Paul George after the Clippers issued a statement on Sunday announcing that George will be signing with a new team.

Paul George To Leave Clippers, Likely Headed To Sixers

June 30th, 2024 at 7:31pm CST by Dana Gauruder

The Clippers were unable to gain any traction in negotiations with Paul George‘s representative and the veteran forward will sign elsewhere, according to ESPN’s Adrian Wojnarowski (Twitter link)

Aaron Mintz of CAA, George’s agent, and Clippers president Lawrence Frank spoke a short time ago, Woj reports, but there was no new movement on a contract and George is prepared to join a new team. The Clippers have released a lengthy statement confirming the news, as Ohm Youngmisuk of ESPN relays (via Twitter).

“Paul has informed us that he is signing his next contract with another team,” the Clippers announced. “… We negotiated for months with Paul and his representative on a contract that would make sense for both sides, and we were left far apart. The gap was significant. We understand and respect Paul’s decision to look elsewhere for his next contract. We explored an opt-in and trade scenario, but it would have left us in a similar position under the new CBA, with very little asset value to justify the restrictions.

“We will miss Paul. At the same time, we’re excited by the opportunities we’ve now been afforded, including greater flexibility under the new CBA.”

The Clippers now project to operate well below the first tax apron, so they’ll have the $12.9MM mid-level exception and a $4.7M bi-annual exception at their disposal. However, they won’t have the cap room necessary to sign a player capable of replicating George’s production.

Meanwhile, the Sixers will meet with George in California this evening and are the strong frontrunners to sign him, Wojnarowski confirms (Twitter links).

A report earlier on Sunday expressed optimism on the 76ers’ front that they’d land their top free agent target. The Athletic’s Law Murray now reports that George will likely make a decision tonight and no other teams besides Philadelphia are in the running for his services (Twitter link).

Philadelphia is armed with ample cap room to sign a max-level free agent and is reportedly prepared to offer George the four-year, maximum-salary contract the Clippers were unwilling to put on the table. Throughout their negotiations with George, the Clippers remained steadfast on a three-year deal, similar to Kawhi Leonard’s contract extension. Leonard signed a three-year, $152.4MM contract in January.

Another potential suitor, the Magic, essentially took themselves out of the picture by reaching a three-year agreement with another high-level wing, Kentavious Caldwell-Pope.

Nicolas Batum Reportedly Won’t Re-Sign With Sixers

June 30th, 2024 at 6:17pm CST by Rory Maher

Veteran forward Nicolas Batum will not be re-signing with the Sixers in free agency, sources tell Kelly Iko of The Athletic (Twitter link).

The news is mildly surprising, as Batum was viewed as perhaps the team’s most likely unrestricted free agent to return to Philadelphia after he played well for the 76ers during the regular season and playoffs. In addition to heady play-making and solid defense, the 35-year-old converted 39.9% of his three-point attempts in 57 regular season games with the Sixers (25.9 MPG).

Batum made $11.7MM last season and has a $17.5MM cap hold. In order to create significant cap room, the Sixers have to renounce Batum’s cap hold and will thus lose his Bird rights. That means the only practical ways to retain him would be to either use cap room or the room exception, which starts at just under $8MM. Considering Philadelphia is trying to sign Paul George and just agreed to a two-year, $10MM deal with Andre Drummond, there might not be much money left for Batum.

If he wants to continue his NBA career, Batum should draw interest from a variety of contenders on the open market — there were rumors last August that he might retire after the 2023/24 season, though he does plan to suit up for his native France in the Paris Olympics this summer.

Sixers Sign Andre Drummond To Two-Year Deal

June 30th, 2024 at 6:07pm CST by Luke Adams

JULY 7: Drummond has officially signed his contract with the Sixers, the team announced today in a press release.

“I am thrilled that Andre is coming back to the 76ers. A tremendous presence, and one of the best rebounders the modern NBA has seen, he made a great impact with us during his first stint in Philly and we know he’ll do the same this time around,” president of basketball operations Daryl Morey said in a statement. “Andre possesses an innate ability to attack the glass and will fortify our formidable front-court.”

JUNE 30: Free agent center Andre Drummond is headed back to Philadelphia, having reached an agreement with the Sixers on a two-year deal worth more than $10MM, reports Michael Scotto of HoopsHype (Twitter link). The contract will feature a second-year player option, Scotto adds.

A few minutes before Scotto published his report, Drummond hinted at the deal himself, tweeting, “I’m in the mood for a Philly cheesesteak.”

A two-time All-Star, Drummond originally signed with the 76ers in 2021 to back up Joel Embiid and to fill in as the starter when Embiid was unavailable. However, he was sent to Brooklyn later that season as part of the trade package for James Harden.

After finishing the 2021/22 season with the Nets, Drummond has spent the past two seasons in Chicago as Nikola Vucevic‘s backup. He averaged just 15.1 minutes per game in 146 contests during his time as a Bull, well below his career average. However, he remained extremely productive on a per-minute basis, averaging 7.3 points and 7.9 rebounds in that limited role.

The Sixers, who attempted to acquire Drummond from the Bulls at the 2024 trade deadline, clearly made it a priority to land a reliable backup for Embiid, who has battled injuries over the years and appeared in just 39 games in 2023/24. Philadelphia reached a deal with Drummond just one hour into the free agent period — he’s the first FA reported to have an agreement in place with a new team.

Based on the reported terms of Drummond’s deal, it won’t necessarily need to come out of the Sixers’ $60MM+ in cap room. The team could use up that space, then sign the 30-year-old using a portion of its $8MM room exception.

Klay Thompson, Warriors Parting Ways

June 30th, 2024 at 5:04pm CST by Rory Maher

Veteran sharpshooter Klay Thompson is leaving the Warriors, the only franchise he’s known in his 13 NBA seasons, reports Shams Charania of The Athletic and Stadium (Twitter link).

According to Charania, the two sides are set to begin exploring sign-and-trade options for the five-time All-Star. Sources tell ESPN’s Adrian Wojnarowski that Thompson will talk to the Mavericks, Lakers, Clippers and Sixers with free agency officially underway (Twitter link).

The 11th pick of the 2011 draft, Thompson is one of the most accomplished shooters in league history, ranking sixth all-time in three-pointers made. The 34-year-old has knocked down 41.3% of his attempts from long distance over the course of his career.

The second “splash brother” next to Stephen Curry, Thompson played a key role in helping Golden State win four championships during his tenure with the team. Earlier in his career, he made a couple of All-NBA Third Team appearances, plus an All-Defensive Second Team nod back in 2018/19.

However, a torn ACL and a torn Achilles tendon cost Thompson two full seasons during his prime. While he has remained one of the NBA’s top three-point marksmen since he returned from those injuries in January 2022, he doesn’t have the same athleticism or defensive versatility he once did.

Thompson, who earned $43.2MM in 2023/24 during the final year of his max contract, reportedly turned down a two-year, $48MM extension from Golden State before last season began. Talks between the two sides went quiet leading up to free agency, which is always an ominous sign.

In 77 regular season games in ’23/24, Thompson averaged 17.9 PPG, 3.3 RPG and 2.3 APG on .432/.387/.927 shooting (29.7 MPG). He scored zero points and went 0-10 from the field as the No. 9 Warriors fell to the No. 10 Kings in the play-in tournament.

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