Philadelphia 76ers Rumors | Hoops Rumors

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.

FA/Trade Rumors: Wings, Pistons, Pelicans, Valanciunas

June 30th, 2024 at 4:55pm CST by Rory Maher

The free agent wing market could be held up temporarily until Paul George, Klay Thompson and Kentavious Caldwell-Pope have agreed to new contracts, says Jake Fischer of Yahoo Sports.

That outcome was always expected, with those three swingmen likely limiting other players’ options. Cap-room playoff teams like the Sixers and Magic reportedly have interest in both George and Caldwell-Pope, while the Mavericks, Lakers and Clippers are among Thompson’s suitors.

The Pistons are another team with significant cap room, but Fischer hears Detroit is more interested in taking on unwanted salaries in exchange for draft assets rather than pursuing marquee names like George.

Here are a couple more items of interest from Fischer:

The Pelicans are trading for former All-Star Dejounte Murray, who has a 15% trade kicker. However, sources tell Fischer there’s a chance that Murray may not receive that full 15% for salary-matching and cap reasons, describing the situation as “open-ended.” New Orleans is also on the hunt for a starting center with Jonas Valanciunas an unrestricted free agent — the team was recently linked to Magic big man Wendell Carter.
Speaking of Valanciunas, Fischer hears from sources who say the Lithuanian veteran is expected to draw interest from the Lakers and Wizards.

Report: Growing Optimism Sixers Will Land Paul George

June 30th, 2024 at 3:11pm CST by Luke Adams

There’s “growing optimism” that the Sixers will be able to win the Paul George sweepstakes and land the star forward, reports Chris Haynes of Bleacher Report (Twitter link).

George, who declined his 2024/25 player option with the Clippers on Saturday, is expected to meet with the 76ers, the Magic, and the Clips on Sunday night after the free agent period officially opens. Both Philadelphia and Orlando are said to be willing to offer a four-year, maximum-salary contract for George and have the cap room necessary to do so.

In addition to putting a four-year max deal on the table for him, the Sixers can offer George the opportunity to team up with 2023 MVP Joel Embiid and 2024 Most Improved Player Tyrese Maxey, creating a formidable big three that would make Philadelphia a legitimate contender in the Eastern Conference.

Marc Stein reported this afternoon that the Sixers are exploring ways to maximize their cap room and land both George and Kentavious Caldwell-Pope. As cap expert Yossi Gozlan tweets, a maximum-salary contract for George would leave Philadelphia with only about $13MM in cap room, plus the $8MM room exception.

Acquiring either George or Caldwell-Pope via sign-and-trade could allow for a higher starting salary for KCP, but would require the cooperation of the player’s old team and would hard-cap the 76ers’ team salary at the first tax apron.

Teams aren’t permitted to negotiate or reach agreements with outside free agents until after the NBA’s free agent period officially opens at 5:00 pm Central time today.

FA Rumors: KCP, Harden, Kennard, Hartenstein, Jones, Highsmith, More

June 30th, 2024 at 2:59pm CST by Luke Adams

After Jake Fischer of Yahoo Sports reported earlier today that the Nuggets are preparing to lose Kentavious Caldwell-Pope, Michael Scotto of HoopsHype confirms there’s a growing belief around the league the veteran wing won’t remain in Denver.

The Magic have “significant” interest in Caldwell-Pope and there has been growing buzz about the possibility of Orlando aggressively pursuing him, Scotto says, adding that the Magic’s interest in Klay Thompson has cooled by comparison. Multiple executives who spoke to HoopsHype believe Caldwell-Pope will sign for $20-25MM per year.

The Sixers, who have also frequently been cited as a Caldwell-Pope suitor, have been exploring the feasibility of landing both KCP and Paul George using their cap room, tweets Marc Stein.

Here are several more rumors with the official start of free agency just a couple hours away:

While James Harden has been mentioned as a possible mid-level ($12.9MM) target for the Lakers, the expectation is that the Clippers will be willing to pay him approximately double that amount, Scotto writes, echoing a comment made by Adrian Wojnarowski on ESPN (YouTube link).
Rival executives aren’t expecting Luke Kennard to be truly available as an unrestricted free agent, according to Fischer, who says Kennard and the Grizzlies seem to be interested in continuing their relationship after the team turned down its option the sharpshooter on Saturday.
New Pistons head of basketball operations Trajan Langdon is known to be a fan of center Isaiah Hartenstein, so Detroit is considered a candidate to make a play for the Knicks big man, Fischer reports. A return to the Knicks still hasn’t been entirely ruled out for Hartenstein, though the Thunder continue to be viewed as a probable suitor as well, Fischer notes.
With point guard Tyus Jones seeking starter-level money as a free agent this offseason and the Wizards still in the early stages of their rebuilding project, there’s a growing sense that Washington will be open to moving Jones via sign-and-trade, per Scotto.
Free agent wing Haywood Highsmith is expected to draw interest from a mix of cap-room teams such as the Pistons, Hornets, Jazz, Spurs, and Sixers, as well as over-the-cap clubs like the Pacers, Kings, and Warriors, league sources tell Scotto, who suggests the 27-year-old could end up with a deal in the range of the full mid-level.
The Lakers are expected to have interest in re-signing both Taurean Prince and Spencer Dinwiddie, with Dinwiddie also likely to draw interest from the Mavericks, Scotto writes. NBA executives who spoke to HoopsHype projected Prince to potentially land a contract in the range of $5MM+ annually over two years.

FA Rumors: KCP, Pacers, Mid-Level Usage, Suns, Gillespie, Bullock

June 30th, 2024 at 1:53pm CST by Luke Adams

While teams with cap room have been mentioned most frequently as the top suitors for Kentavious Caldwell-Pope, Mike Singer of The Denver Post (Twitter link) has continually heard the Pacers mentioned as a team to watch for the veteran swingman.

A previous report suggested that a cap-room club like the Sixers or Magic could make an oversized short-term offer (e.g. two years, $50MM) for Caldwell-Pope, but Singer says he’s heard KCP would prefer a longer-term deal.

As John Hollinger of The Athletic writes, if the Nuggets are willing to negotiate a sign-and-trade deal, a package along the lines of Aaron Nesmith and Jarace Walker might work financially, based on Caldwell-Pope’s projected salary range. However, a sign-and-trade involving Caldwell-Pope would hard-cap the Pacers at the first tax apron and the Nuggets at the second apron, so some financial creativity could be required, especially on Denver’s end.

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

Within his latest round-up of rumors, Jake Fischer of Yahoo Sports says not many teams around the NBA are expected to use the full mid-level exception to sign a player, since it can now be used as a de facto trade exception, so there’s some value in retaining a portion of it. Of course, even last season, before the mid-level could be used to accommodate trades, only one team used the entire amount on a single player (Toronto on Dennis Schröder).
The Suns have been linked to a ton of potential minimum-salary point guards, according to Fischer, who names Kyle Lowry and Monte Morris as two of the players viewed as possible targets for Phoenix. There has even been some chatter about the possibility of a reunion with Chris Paul if he’s waived by Golden State, Fischer adds.
After being made an unrestricted free agent by Denver, guard Collin Gillespie is expected to receive interest from the Hawks, Hornets, Suns, and Timberwolves, sources tell Fischer. Gillespie may have to accept a two-way contract and compete for a standard roster spot, Fischer adds. Darren Wolfson of 5 Eyewitness News and SKOR North (Twitter link) confirms Minnesota’s interest in Gillespie but says the team doesn’t seem likely to land him.
Veteran wing Reggie Bullock is unlikely to re-sign with the Rockets, sources tell Kelly Iko of The Athletic (Twitter link). According to Iko, multiple teams have interest in Bullock, who figures to be a minimum-salary target.

Fischer’s Latest: Clippers, George, Warriors, Mavs, KCP, Klay, Nuggets, More

June 30th, 2024 at 12:53pm CST by Luke Adams

As they navigate the challenges of the second tax apron for 2024/25 and beyond, the Clippers have been adamant to this point that they don’t want to complete a contract longer than three years for any players, reports Jake Fischer of Yahoo Sports. Barring a change of heart, that means Los Angeles will be unwilling to go higher than three years for its own star free agents, Paul George and James Harden.

While Harden seems likely to end up on a new three-year agreement with the Clippers, per Fischer, that three-year limit has been a point of contention in negotiations with George. Both the Sixers and Magic – who are set to meet with George late on Sunday night – are willing to offer the star forward a four-year, maximum-salary contract, Fischer confirms.

Outside of the Clippers, Sixers, and Magic, there’s another team “lingering on the periphery” of the George situation, according to Fischer, who says the Jazz‘s “dreamiest plot” for the offseason would be to use their trade assets to acquire an impact player on the trade market (they pursued Mikal Bridges before Brooklyn agreed to send him to New York) and to use their cap room to land George. However, as Fischer acknowledges, it’s extremely unlikely that George will decide to sign in Utah.

Here’s more from Fischer’s latest rumor round-up, with the official start of free agency just hours away:

The trade options the Warriors have considered – using Chris Paul and/or Andrew Wiggins as outgoing pieces – range from giving up draft picks in a deal for Pelicans forward Brandon Ingram to acquiring a pick along with Bulls guard Zach LaVine, sources tell Fischer. If they don’t find a trade they like and lose Klay Thompson via free agency, the Warriors will have the full mid-level exception available. They’re considering possible targets using that MLE, says Fischer.
The Mavericks likely would have attempted to make a trade with the Nuggets to acquire Kentavious Caldwell-Pope if he had picked up his $15.4MM player option, Fischer reports. Now that Caldwell-Pope has opted for free agency, Thompson appears to be the free agent wing most likely to end up in Dallas, according to Fischer, who says Thompson also continues to be one of the Sixers‘ secondary targets if they miss out on George.
As for Caldwell-Pope, the Nuggets are preparing to lose him, with the Sixers and Magic both holding “strong” interest in the veteran swingman, per Fischer. A deal with one of those cap-room teams in the range of $50MM over two years could be a possibility for KCP, Fischer adds.
Having traded away Reggie Jackson, the Nuggets are in the market for a backup point guard. Sources tell Fischer that Russell Westbrook would have been a target using the taxpayer mid-level exception if he had opted out of his contract with the Clippers. Fischer also mentioned Hornets guard Vasilije Micic as a Denver target, noting that Zeke Nnaji – who is on the trade block – could be sent out in a deal for Micic.
The Nuggets have also long had interest in big man Dario Saric, who could be a target in free agency, Fischer says.
While it won’t be one of their top short-term priorities as free agency begins, the Clippers are expected to eventually work out an extension with center Ivica Zubac, sources tell Yahoo Sports.

Sixers Rumors