Philadelphia 76ers Rumors | Hoops Rumors

Pacers Waive Furkan Korkmaz

February 9th, 2024 at 3:32pm CST by Luke Adams

FEBRUARY 9: The Pacers have officially waived Korkmaz, the team confirmed today in a press release.

FEBRUARY 8: The Pacers will waive shooting guard Furkan Korkmaz after they officially acquire him from the Sixers, sources tell Adrian Wojnarowski of ESPN (Twitter link).

Indiana agreed to trade Buddy Hield to Philadelphia in exchange for Marcus Morris, Korkmaz, and three second-round picks. Given that the Pacers immediately made a deal to flip Morris to San Antonio and will cut Korkmaz, it’s clear those draft picks were the assets they were after, with the two former 76ers just viewed as salary-matching pieces.

Korkmaz has been with the Sixers since 2017 and played a regular rotation role for several seasons from 2019-22. However, his minutes have significantly declined in the past two seasons. In 2023/24, he has averaged 2.5 points per game on .395/.350/.700 shooting in 35 appearances off the bench (8.6 MPG).

Korkmaz is on an expiring $5,370,370 contract, so Indiana will be on the hook for that cap hit once he clears waivers.

The 26-year-old will be eligible to sign as a free agent with any NBA team except the Sixers, though he likely wouldn’t have pursued a reunion with his former team anyway, given that he has sought a trade out of Philadelphia multiple times in recent years.

And-Ones: Embiid, NBA Cup, Taxpayers, Sochan, Rising Stars, More

February 9th, 2024 at 9:43am CST by Luke Adams

Team USA head coach Steve Kerr, who texted Sixers center Joel Embiid this week to say hello and wish him well in his recovery from knee surgery, remains hopeful that the reigning MVP will be able to play in this summer’s Olympics, writes Dan Gelston of The Associated Press.

“Our fingers are crossed he’ll be healthy this summer and able to play,” Kerr said. “He’s an amazing player and we’re really excited to have him be part of the program.”

While the Sixers are hopeful that Embiid will be able to return before the end of the season and compete in the playoffs, it wouldn’t be surprising if the big man decided to forgo the Olympics and take the summer to rest and recuperate, given the nature of his injury. There’s still plenty of time to figure out his plan though, since the Paris games are still over five months away.

Here are a few more odds and ends from around the basketball world:

The NBA’s in-season tournament will have a new name going forward, according to the league, which announced on Thursday in a press release that the event will be known as the NBA Cup and will be sponsored by the airline Emirates. NBA referees will also begin wearing Emirates patches on their uniforms later this month, per the announcement.
Bobby Marks of ESPN (Twitter link) breaks down what the luxury tax figures for 2023/24 look like after the trade deadline, noting that nine of the 10 teams projected to be taxpayers a month ago either shed salary or stood pat. The Sixers and Pelicans ducked out of the tax, while the Suns were the only one of those 10 teams to increase their payroll. The 22 non-taxpayers currently project to receive $11.5MM apiece this offseason, Marks adds.
Spurs sophomore Jeremy Sochan has replaced injured Trail Blazers guard Shaedon Sharpe in next weekend’s Rising Stars game, the NBA announced in a press release. The league also shared (via Twitter) the results of the Rising Stars draft, with coaches Jalen Rose, Pau Gasol, and Tamika Catchings building seven-man rosters from a 21-player pool.
Nuggets center DeAndre Jordan would be open to the possibility of playing in Europe later in his career, he said during an interview with Toni Canyameras from Mundo Deportivo (hat tip to BasketNews). Jordan specifically named Barcelona as a team that would pique his interest, since he loves Spain.
John Hollinger of The Athletic shares some observations on the trade deadline, noting that many of the would-be buyers didn’t have the assets necessary to take a big swing this week.

Fischer’s Latest: Hield, Sixers, George, Pacers, Trae, Murray, More

February 9th, 2024 at 7:08am CST by Luke Adams

Buddy Hield rejected a “significant” extension offer from Indiana in the fall, and with a lucrative new deal for Pascal Siakam to account for, the Pacers’ ability to retain Hield as a free agent this offseason was in doubt, which is why they sent him to the Sixers on Thursday, writes Jake Fischer of Yahoo Sports.

Philadelphia, which doesn’t currently have any guaranteed money on its books beyond 2023/24 besides Joel Embiid‘s contract, is much better positioned to retain Hield, though the 76ers will likely consider many options with their projected cap room.

Echoing Chris Haynes of Bleacher Report (Twitter video link), Fischer says star forward Paul George figures to be a top target for the Sixers if he doesn’t sign an extension with the Clippers in the coming weeks or months. Nuggets wing Kentavious Caldwell-Pope, who holds a player option for 2024/25, has also been mentioned as a possible Philadelphia target, per Fischer.

The Sixers wouldn’t be the only team in play for George if he reaches free agency, according to Fischer, who suggests there have been whispers that the veteran is intrigued by the possibility of returning to Indiana and teaming up with Tyrese Haliburton. Such a move would be tricky – but certainly not impossible – from a cap perspective.

Philadelphia’s offseason outlook will hinge in part on what the team’s plans are for Tobias Harris. According to Fischer, the Sixers weren’t willing to include him in a deadline deal that would have sent him to Detroit, with Pistons wings Bojan Bogdanovic and Alec Burks going to Philly. The Pistons may be in the mix for Harris in free agency this summer, Fischer notes, adding that Hornets forward Miles Bridges is another player expected to be on Detroit’s radar.

Here are a few more post-deadline items of interest from Fischer:

Multiple front offices came away from their conversations with the Hawks believing that Atlanta could make star guard Trae Young available this summer, says Fischer. However, he cautions that could “prove to be wishful thinking,” since the information is coming from rival teams rather than from the Hawks themselves. If Young were to hit the trade market, the Lakers and Spurs are among the clubs widely viewed as potential fits, Fischer adds.
League personnel anticipate that the Lakers will resume conversations with the Hawks about Dejounte Murray in the offseason, according to Fischer, who notes that the Pelicans could revisit their Murray talks at that point too. Atlanta is known to value multiple players on New Orleans’ roster, league sources Fischer, though one of those players – Naji Marshall – will be an unrestricted free agent this July.
Although there were several teams open to the idea of acquiring D’Angelo Russell, many front offices viewed his $18.7MM player option for 2024/25 as having negative value, Fischer reports. That thinking, along with Russell’s strong recent play, factored into the Lakers‘ decision to hang onto him through the deadline.
In addition to the recently released players who will hit the free agent market shortly, center Bismack Biyombo, forward Rudy Gay, and swingman Danny Green are among the veterans who were waived earlier in 2023/24 and continue to seek new NBA homes, Fischer writes, singling out Biyombo as a player expected to generate interest.

Sixers Trade Jaden Springer To Celtics

February 8th, 2024 at 9:38pm CST by Rory Maher

9:38pm: The deal is official, according to announcements from the Sixers and Celtics.

2:00pm: The Sixers and Celtics have agreed to a trade that will send third-year guard Jaden Springer to Boston in exchange for a second-round pick, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

The 2024 second-rounder the 76ers are receiving will either be Chicago’s or New Orleans’, whichever is more favorable, per Keith Pompey of The Philadelphia Inquirer (Twitter link).

Boston will acquire Springer using its $6.2MM traded player exception, tweets ESPN’s Bobby Marks. Moving Springer means Joel Embiid will be the only player on Philadelphia’s roster with a guaranteed contract for 2024/25, Marks adds.

The 28th pick of the 2021 draft, Springer only appeared in 18 regular season games for 95 total minutes over his first two NBA seasons. Still just 21 years old, the former Tennessee Volunteer has played 32 games this season, averaging 4.0 points in 11.8 minutes per contest.

At 6’4″ and 204 pounds, Springer has a sturdy build for a guard, and he put up strong defensive stats in the NBA G League from 2021-23. He hasn’t provided much on offense at the NBA level, however, with a career shooting line of .416/.238/.810.

Springer makes $2.2MM this season and will earn a guaranteed $4MM next season after the Sixers picked up their option on the final year of his rookie scale contract. While it’s hard to envision him playing much for Boston this season, he didn’t cost much to acquire, and the team clearly likes him as a prospect. His contract could be also useful for salary-matching purposes in 2024/25.

Bucks Acquire Beverley From Sixers For Payne, Second-Rounder

February 8th, 2024 at 8:38pm CST by Rory Maher

8:38pm: The Bucks and Sixers have each put out a press release officially confirming the deal.

12:43pm: The Bucks are acquiring Patrick Beverley from the Sixers, he announced (via Twitter). Philadelphia will receive Cameron Payne and Milwaukee’s 2027 second-round pick, according to reports from Adrian Wojnarowski of ESPN and Shams Charania of The Athletic (All Twitter links).

Both players are on expiring minimum-salary contracts, so neither the Bucks nor the 76ers will have financial commitments to the veteran guards beyond this season.

The Bucks have reportedly been scouring the trade market in search of help on the defensive end. The team is currently 33-18, but Milwaukee ranks just 18th in the league in defense.

Beverley, 35, is a three-time All-Defensive team member, and while he’s no longer in his prime, he still ranks as a positive contributor on that end. It’s worth noting that Beverley previously played under new Bucks head coach Doc Rivers while they were employed by the Clippers.

As Ira Winderman of The South Florida Sun Sentinel tweets, sending out a defensive-minded veteran like Beverley might mean Philadelphia is confident about signing Kyle Lowry via buyout. Lowry is currently on the Hornets after being traded by the Heat.

Jake Fischer of Yahoo Sports reported (via Twitter) on Thursday afternoon that Milwaukee was looking at Jazz guard Kris Dunn and Pelicans wing Naji Marshall to improve its defense. Perhaps the asking price for Dunn was too steep, and the Bucks decided to pivot to Beverley.

Payne, 29, is a former lottery pick who didn’t find much success over his first four seasons, but he resurrected his NBA career after a solid multiyear stint with Phoenix. Payne was traded to San Antonio in the offseason, waived, and then signed a one-year deal with Milwaukee. He has averaged 6.2 points and 2.3 assists while shooting 39.7% from three-point range in 47 games this season (14.9 minutes).

Sixers, Pacers, Spurs Complete Hield, McDermott Deals As Three-Team Trade

February 8th, 2024 at 6:40pm CST by Luke Adams

The Pacers, Sixers, and Spurs have folded a pair of separate trade agreements into a single transaction, announcing in a series of press releases that the deals sending Buddy Hield to Philadelphia and Doug McDermott to Indiana have been officially completed as a three-team trade.

The Pacers initially agreed to acquire Marcus Morris, Furkan Korkmaz, three second-round picks, and cash from Philadelphia in exchange for Hield, then reached a deal to flip Morris, one of those second-rounders to San Antonio, and cash for McDermott. Those three pieces will go directly to the Spurs instead.

Here are the full details:

Sixers acquire Hield.
Pacers acquire McDermott, Korkmaz, the Raptors’ 2024 second-round pick (from Sixers), the Trail Blazers’ 2029 second-round pick (from Sixers), and cash (from Sixers).
Spurs acquire Morris, the Clippers’ 2029 second-round pick (from Sixers), and cash (from Sixers).

The 2024 second-round pick going from Philadelphia to Indiana technically includes “most favorable” language and could come from a different team, but there’s essentially no chance it won’t be Toronto’s second-rounder, given their place in the standings.

Folding the two trades into one deal doesn’t materially change much, but it will introduce one notable new wrinkle. If Morris had been traded to Indiana, then sent to San Antonio in a separate deal, he would’ve been eligible to re-sign with the Sixers in the event the Spurs buy him out. However, due to the structure of the deal, he now won’t be permitted to sign with Philadelphia if he’s waived by San Antonio.

A player is prohibited from rejoining a team that traded him if his new team waives him, but if he’s traded twice before being cut, he’s only ineligible to join the club that traded him most recently.

Korkmaz, who is being waived by the Pacers, will also be prohibited from re-signing with the Sixers, though as we noted in a separate story, that was never a likely outcome.

For more details on the Hield and McDermott deals, check out our full stories on the trade agreements.

Buyout Rumors: Tucker, Lowry, Dinwiddie, Harris

February 8th, 2024 at 5:40pm CST by Tristan Tucker

Clippers forward P.J. Tucker is not requesting a buyout and is expected to remain with the team through the remainder of the season, according to TNT and Bleacher Report’s Chris Haynes (Twitter link). This comes after trade attempts involving Tucker fell short, Haynes adds. This was the expected outcome if Tucker wasn’t moved at the deadline.

It’s no secret Tucker wasn’t thrilled with his role after landing with the Clippers in the James Harden trade at the beginning of the season. After starting in all 78 of his appearances with the Sixers after signing there in 2022, Tucker has only played in just 12 games with Los Angeles. averaging 14.4 minutes per game.

“I want to be somewhere where I’m needed, wanted and can do it all. I don’t know what’s going to happen but I have my fingers crossed and I’m hoping to go somewhere else whether I get bought out and choose where I go or where I can play,” Tucker said before the deadline to Andscape’s Marc J. Spears (Twitter link).

Tucker was once seen as a “strong” candidate to be moved before the deadline, but the fact that he has an $11.5MM player option for next season appears to have been an issue for opposing teams. The most likely step forward for both sides is Tucker accepting his player option in the offseason and then the two sides working together to find a deal that suits him when teams have a clearer idea of their 2024/25 plans.

For what it’s worth, Tucker seemingly expressed frustration at the situation in an Instagram story following the deadline, with the story reading “All this s— is a f—ing joke” (Instagram link).

We have more rumors regarding the buyout market:

Hornets point guard Kyle Lowry is the Sixers‘ top priority on the market if he and Charlotte come to terms on a buyout agreement, according to NBA insider Marc Stein (Twitter link). The Sixers have been making moves all day to clear salary (Danuel House) and playing time (Jaden Springer, Patrick Beverley) in the guard room, so Lowry is a sensible addition.
The Lakers, Mavericks, Pelicans and Sixers are expected to have interest in Spencer Dinwiddie after he was waived by the Raptors earlier Thursday, The Athletic’s Shams Charania said on Stadium’s live trade deadline show (hat tip to RealGM). Dinwiddie is ineligible to sign with the Celtics, Nuggets, Warriors, Clippers, Heat, Bucks and Suns, whose team salaries are above the tax apron, so that list of four interested teams includes some of the top playoff contenders available for Dinwiddie to sign with. He averaged 12.6 points and 6.0 assists in 48 games (all starts) with the Nets this season.
The Lakers are indeed among the frontrunners to sign Dinwiddie, confirms ESPN’s Dave McMenamin (Twitter link). Los Angeles is a good position to land the 6’5″ guard, because the Lakers are able to offer around $1.5MM prorated because they didn’t give Gabe Vincent the full mid-level exception in the offseason, McMenamin adds (Twitter link). Other teams are only able to offer around $1MM.
The Bulls stood pat at the trade deadline and are likely to make moves to supplement a potential playoff push, according to NBC Sports Chicago’s K.C. Johnson. Former Pistons sharpshooter Joe Harris could be a target for Chicago on the buyout market after he was waived by Detroit. Johnson adds the Bulls tried to acquire Bojan Bogdanovic from Detroit.

Spurs Trading Doug McDermott To Pacers

February 8th, 2024 at 1:52pm CST by Arthur Hill

The Pacers will acquire Doug McDermott from the Spurs, tweets ESPN’s Adrian Wojnarowski.

San Antonio will receive Marcus Morris, a second-round pick, and cash in return, sources tell Shams Charania of The Athletic (Twitter link). One of the picks is in 2029, according to Jake Fischer of Yahoo Sports (Twitter link).

Morris, whom Indiana is acquiring from Philadelphia in the Buddy Hield trade, will likely be bought out by San Antonio, Charania adds (Twitter link).

If Morris becomes a free agent, he would be ineligible to return to the Pacers or join the seven teams operating above the first or second tax apron: the Celtics, Nuggets, Warriors, Clippers, Heat, Bucks and Suns. Morris would be able to return to the Sixers if the trades involving Hield and McDermott are separate, rather than one three-team transaction.

The Pacers will create a $3.4MM trade exception in the deal, according to Yossi Gozlan of HoopsHype (Twitter link). They also get a useful shooter after sending Hield to Philadelphia, while adding some draft assets.

McDermott returns to Indiana, where he spent three seasons before leaving for San Antonio in a sign-and-trade deal in 2021. The 32-year-old forward has seen his playing time reduced this season, but he’s a career 41.2% career shooter from long distance and is connecting at 43.9% through 46 games this season.

Although Morris is unlikely to join the Spurs, it’s something of a reunion for him as well. Gozlan notes that he was close to signing with San Antonio five years ago before changing his mind.

Sixers Trade Danuel House, Second-Round Pick To Pistons

February 8th, 2024 at 1:11pm CST by Luke Adams

1:11pm: The trade is official, per NBA.com’s transaction log.

According to Shams Charania of The Athletic (Twitter links), the Pistons have already waived House, who is expected to receive interest from playoff teams.

9:59am: The Sixers have agreed to trade swingman Danuel House and a 2024 second-round pick to the Pistons, reports Adrian Wojnarowski of ESPN (Twitter link). According to Wojnarowski, the second-rounder will be New York’s pick.

The Pistons are also receiving some cash from the 76ers and will send out a top-55 protected 2028 second-round pick, per James L. Edwards III of The Athletic (Twitter link).

The move is a relatively straightforward salary dump, since shedding House’s expiring $4.3MM contract will allow Philadelphia to move from about $1.6MM above the luxury tax line to $2.7MM below it. The Pistons will get a second-round pick for their willingness to take on House’s salary and accommodate the move.

As Wojnarowski notes (via Twitter), moving off of House will allow the Sixers to be active in the buyout market without surpassing the tax line. Kyle Lowry is one notable potential target in that scenario, assuming he’s bought out by Charlotte.

Philadelphia will have a pair of open 15-man roster spots after completing its deal with the Pistons, as well as its acquisition of Buddy Hield. The 76ers will also create a trade exception worth $4.3MM.

The Pistons, meanwhile, intend to take House into the trade exception they created in last month’s deal with Washington, sources tell Edwards (Twitter link).

Detroit has agreed to a series of deals that will increase its roster count, so the Pistons will have to make at least a couple cuts to accommodate those moves and likely won’t retain some of the players they’re acquiring today. It’s unclear whether they intend to hang onto House after acquiring him.

In 34 appearance (four starts) for Philadelphia this season, House averaged 4.2 points and 1.7 rebounds in 15.0 minutes per game, with a .448/.300/.761 shooting line.

Pacers To Trade Buddy Hield To Sixers

February 8th, 2024 at 9:26am CST by Luke Adams

The Pacers and Sixers have agreed on a trade that will send sharpshooter Buddy Hield to Philadelphia, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that Indiana will receive forward Marcus Morris, guard Furkan Korkmaz, and three second-round picks.

The Sixers will also sent the Pacers $1.5MM in cash, a league source tells Keith Pompey of The Philadelphia Inquirer (Twitter link). Pompey reports that the draft picks involved in the deal will be the Raptors’ 2024 second-rounder, and the Clippers’ and Trail Blazers’ 2029 second-rounders.

Shams Charania of The Athletic first reported (via Twitter) that the two teams were nearing a deal for Hield.

Although he’s having a down year relative to his career rates, Hield remains one of the NBA’s most dangerous outside shooters. The 31-year-old is averaging 12.0 points, 3.2 rebounds, and 2.7 assists in 25.7 minutes per night (52 games) so far in 2023/24, with a 38.4% three-point rate on 6.9 attempts per contest.

Hield saw his role cut back this season on a deep Indiana roster — his 9.9 field goal attempts per game represent his lowest mark since he was a rookie in 2016/17.

However, he’s a career 40.1% three-point shooter and has knocked down at least 262 total threes in each of the past five seasons prior to this one. His now-former teammate Tyrese Haliburton raved this week about Hield’s ability to space the floor and create room for others to operate.

The Sixers had been in the market for size and shooting ahead of the trade deadline and will achieve one of those goals without compromising their projected cap room for this offseason, since Hield – like Morris and Korkmaz – is on an expiring contract. They also didn’t have to give up a first-round pick, which Indiana had been seeking for Hield as recently as Wednesday, tweets Kyle Neubeck of PHLY Sports.

As cap expert Yossi Gozlan notes (via Twitter), Hield’s $19.3MM cap hit for this season will be adjusted upward to $19.8MM as a result of the trade, since some of the playoff-related bonuses in his contract that were considered unlikely will now be deemed likely. Hield is extension-eligible through June 30, though he’d be limited to a two-year deal and 5% raises if he inks a new deal prior to free agency.

Philadelphia remains about $1.6MM above the luxury tax line, Gozlan adds (via Twitter), and can create a $5.4MM trade exception in the deal.

Hield had long been considered a trade candidate for the Pacers, who explored a preseason extension with the veteran shooting guard and couldn’t agree to terms. Recognizing that they likely wouldn’t keep Hield beyond this season, Indiana decided to get what it could for him now.

The Pacers won’t have to waive a player to complete the deal, since they have two open spots on their 15-man roster following the expiration of James Johnson‘s 10-day contract on Wednesday night.

It’s unclear if Indiana intends to hang onto both Morris and Korkmaz. A physical, versatile forward and a Philadelphia native, Morris averaged 6.7 PPG and 2.9 RPG on .439/.400/.861 shooting in 37 games (17.2 MPG) for the Sixers this season, while Korkmaz chipped in 2.5 PPG on .395/.350/.700 shooting in 35 contests (8.6 MPG).

Morris is making $17.1MM; Korkmaz’ cap hit is $5.4MM.

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