Philadelphia 76ers Rumors | Hoops Rumors

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.

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.

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.

Eastern Notes: Bickerstaff, Allen, Travers, Bey, Sixers

July 12th, 2024 at 4:04pm CST by Rory Maher

It didn’t take long for J.B. Bickerstaff to find a new job after being fired by Cleveland, having been hired by the Pistons as their new head coach. At his introductory press conference on Wednesday, Bickerstaff discussed why he found Detroit’s vacancy appealing, per James L. Edwards III of The Athletic.

“It was my conversations with (president of basketball operations) Trajan (Langdon), to begin with,” Bickerstaff said. “I had a great feeling that this organization was heading in the right direction and was being led by the right people. For me, going through some of the things that I’ve gone through in the past, the people that you work with … being of a shared vision and willingness to commit to one another and partner with one another, I thought this group, as a whole, had a great vision. (team owner) Tom (Gores) has given every resource to go out and execute that vision.

“Then, obviously, you study the team. I took a deep dive as soon as I could. Obviously, I have experience of playing against them four times a year for so many years, but I knew the players well. I believed in their ability and talent. There is a steps process that we have to take, and we’re really aware of that and Trajan and I are united in that. It just doesn’t happen for everyone overnight.”

Bickerstaff pointed to his success with Cleveland as proof that he can turn the Pistons around, writes Larry Lage of The Associated Press. Detroit finished with the worst record in the NBA last season. Langdon said he was looking for a veteran coach to lead a young team, as Lage relays.

“You want somebody who can come in here and hit the ground running, and who’s done this before,” Langdon said. “Especially with a young team coming off a difficult season, positivity was important. We felt experience was important. The players needed to feel like the person coming in here knew what he was talking about.”

Here’s more from the Eastern Conference:

The Cavaliers have been receiving trade inquiries on former All-Star center Jarrett Allen, but they continue to rebuff those overtures, ESPN’s Brian Windhorst said on his Hoop Collective podcast (YouTube link). Allen, who averaged 16.5 PPG, 10.5 RPG, 2.7 APG and 1.1 BPG in 77 games last season (31.7 MPG), will earn $40MM over the next two seasons.
Australian wing Luke Travers, a second-round pick (No. 56) by the Cavaliers in 2022, is dealing with a sore hamstring that sidelined him for the team’s Summer League opener in Las Vegas on Friday, tweets Chris Fedor of Cleveland.com. Travers has expressed a strong desire to come stateside in 2024/25, though it’s unclear if he’ll be able to earn a roster spot.
New Wizards forward Saddiq Bey will earn $6,440,678 in 2024/25, $6,118,644 in ’25/26, and $6,440,678 again in ’26/27, a source tells cap expert Yossi Gozlan (Twitter link). Bey will likely miss most — if not all — of his first season with Washington after tearing his ACL in March. The 25-year-old’s new three-year deal also includes $1MM in incentives.
Mike Sielski of The Philadelphia Inquirer argues that free agent signee Caleb Martin will bring a much-need infusion of “Heat Culture” to the Sixers, pointing to the 28-year-old’s success with Miami as evidence. According to Sielski, the 76ers have had plenty of talent in recent years, but the team has often lacked an identity, which Martin should help fortify with his willingness to make winning energy plays.
Former NBA forward Demetris Nichols has joined the Sixers as a player development coach, per Mike Waters of Syracuse.com (subscriber link). The No. 53 pick of the 2007 draft, Nichols appeared in 18 NBA games with Cleveland, Chicago and New York before spending several years overseas. The 39-year-old was an assistant with Wake Forest last season, Waters notes.

How The Sixers Used Every Dollar Of Their Cap Room

July 11th, 2024 at 7:15pm CST by Luke Adams

It has been rare in recent years for contending teams to operate under the cap in order to pursue star free agents. In each of the four NBA offseasons prior to 2024, between four and eight teams opened up cap room, and the majority of those clubs were coming off losing seasons and weren't going after top-tier free agents.

Prior to 2024, the last time an All-NBA-caliber free agent changed teams using cap room was in 2019, when Kawhi Leonard headed to Los Angeles and Kevin Durant and Kyrie Irving landed in Brooklyn. Both the Clippers and Nets were coming off winning seasons and viewed their free agent additions as moves that would help push them over the top, cementing their place among the NBA's top tier.

Despite the fact that no team had replicated that free agency feat in five years, Sixers president of basketball operations Daryl Morey began heading down that path over a year ago. When word broke in June of 2023 that Philadelphia wouldn't be pursuing a rookie scale extension with rising star Tyrese Maxey, it became clear that Morey's front office was prioritizing 2024 cap flexibility in the hopes of adding another All-Star to the club's core.

Not only did the 76ers achieve that goal, but they cleverly made use of every single dollar of their cap space and their room exception to sign nine-time All-Star Paul George and three additional rotation players while preserving a possible trade chip who could help them further maximize their flexibility.

Let's take a closer look at how the Sixers have navigated the cap and made the math work so far this offseason:

The 76ers had 13 of 16 players from last season's roster become free agents on July 1, as RealGM's transaction log shows, meaning they entered the new league year with just three players under contract: star center Joel Embiid ($51,415,938), backup big man Paul Reed ($7,723,000), and 22-year-old guard Ricky Council ($1,891,857).

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Atlantic Notes: Whitehead, Bridges, MacDonald, Embiid

July 11th, 2024 at 10:57am CST by Dana Gauruder

With Mikal Bridges joining the other New York City team, Nets forward Dariq Whitehead knows he could be in line for more playing time next season, Adam Zagoria of NJ.com writes. Whitehead has undergone foot and shin surgeries that limited him to two NBA appearances in his rookie year after getting selected with the No. 22 pick.

“I look at it as an opportunity for me to get on the court and a bunch of other young guys to grow our games and develop into who we want to be in the NBA,” Whitehead said. “And eventually be on their level, if not higher than where they were….and look it as an opportunity for us young guys.”

We have more from the Atlantic Division:

Speaking of Bridges, he’s not worried about fitting in with his new Knicks teammates, some of whom played with him collegiately at Villanova, Zach Braziller of the New York Post relays. “I think it’s not going to be that hard honestly,” Bridges said. “I think it’s just knowing the brand we play here, and playing the right way is who I am. It’s like a natural thing. It’s kind of like going to [Team] USA, kind of the same thing where obviously, going to USA last year, the role’s going to change.”
The Long Island Nets, Brooklyn’s NBA G League affiliate, have named Matt MacDonald their general manager, according to a press release. “We are excited to have Matt step into this role and lead our G League program with the Long Island Nets,” Brooklyn Nets GM Sean Marks said. “Since starting out in our front office, Matt has continually been elevated into a variety of positions spanning both player personnel and administration and has proven to have the acumen and diverse skillset required to thrive with each opportunity.” MacDonald was Long Island’s assistant GM for the last two seasons.
Sixers superstar Joel Embiid says any concern about him getting injured during Team USA’s Olympic run is overshadowed by his quest for a gold medal, according to Shaun Powell of NBA.com. “For me, being part of the Olympics was always the goal. It was an opportunity and a chance I couldn’t pass up. And I don’t think there is a big risk,” he said.

Sixers Sign Eric Gordon To Minimum-Salary Deal

July 10th, 2024 at 9:50am CST by Luke Adams

JULY 10: Gordon’s minimum-salary contract with the Sixers is now official, the team confirmed in a press release.

“Eric is a proven shot-maker whose ability to create space and punish defenses that overextend will help solidify an already dynamic offense,” team president of basketball operations Daryl Morey said in a statement. “He plays bigger as the moments get bigger which will be key for our playoff run. I’ve known Eric for many years – he is devoted to his craft and continuously works on his game, allowing him to have such a long and successful career. We are lucky to have him in Philly.”

Gordon’s new contract will actually be for two years, with a second-year player option, Hoops Rumors has learned.

JUNE 30: Free agent guard Eric Gordon has agreed to sign with the Sixers, according to Shams Charania of The Athletic (Twitter link). Kyle Neubeck of PHLY Sports reports (via Twitter) that it’ll be a minimum-salary contract, while Keith Pompey of The Philadelphia Inquirer (Twitter link) says it’ll be for one year.

Gordon inked a two-year minimum-salary deal with the Suns last season and averaged 11.0 points, 2.0 assists, and 1.8 rebounds in 27.8 minutes per game, with a shooting line of .443/.378/.797.

Because his deal included a second-year player option, he was able to opt out and return to the free agent market this summer in search of a new opportunity.

By signing in Philadelphia, Gordon will reunite with Sixers president of basketball operations Daryl Morey, who oversaw the Rockets’ front office during most of the veteran guard’s tenure with the franchise from 2016-23.

Since Gordon is receiving the veteran’s minimum, the 76ers will be able to wait until after they’ve used up all their cap room to officially sign him and won’t need to dedicate a chunk of that space to the 35-year-old.

Contract Details: Quickley, Barnes, Batum, Jones, CP3, Oubre, More

July 10th, 2024 at 7:15am CST by Luke Adams

Initially reported to be worth $175MM over five years, Immanuel Quickley‘s new contract with the Raptors actually has a base value of $162.5MM, according to Blake Murphy of Sportsnet (Twitter link). It also features $12.5MM in unlikely incentives – $2.5MM per year – that would allow the guard to max out at $175MM if he earns all of them. But for now the cap hits for Quickley will be $32.5MM annually.

Meanwhile, the “Rose rule” language in Scottie Barnes‘ new five-year, maximum-salary extension with the Raptors is fairly straightforward, Murphy notes (Twitter link). Barnes will have a starting salary worth 30% of the 2025/26 salary cap if he makes any All-NBA team – first, second, or third – next season, or if he wins MVP or Defensive Player of the Year. If he doesn’t earn any of those honors, his starting salary will be 25% of the ’25/26 cap, with 8% annual raises from there.

Based on the NBA’s latest salary cap projection, Barnes’ five-year extension would be worth $224,238,150 if it starts at 25% next year’s cap, or $269,085,780 if it starts at 30%.

Here are more details on a few of the contracts recently finalized around the NBA:

Nicolas Batum (15%) and Derrick Jones (5%) each received trade kickers on their new contracts with the Clippers, Hoops Rumors has learned. Batum’s deal is worth the full bi-annual exception ($9,569,400 over two years) with a second-year player option, while Jones’ three-year, $30MM deal was completed using a significant portion ($9,523,810) of the mid-level exception. Los Angeles still has $3,298,190 left on its MLE for now.
Chris Paul‘s one-year contract with the Spurs has a guaranteed base value of $10.46MM, with unlikely incentives that could push his total earnings as high as about $12.03MM, tweets Michael Scotto of HoopsHype. That structure allowed San Antonio to create the extra cap room necessary to accommodate Harrison Barnes‘ incoming salary while also putting Paul in position to earn more his initially reported salary of $11MM.
Kelly Oubre, whose two-year, $16,365,150 contract is worth the Sixers‘ entire room exception (and features a player option), waived his right to veto a trade in 2024/25, tweets Keith Smith of Spotrac. Kings center Alex Len gave up that right as well on his one-year, minimum-salary contract, Hoops Rumors has learned.
As expected, the contracts signed by new Kings guard Jordan McLaughlin and new Pelicans center Daniel Theis are one-year deals worth the veteran’s minimum.

Suns Notes: Durant, Okogie, Lowry, Morris, Kessler, Plumlee

July 9th, 2024 at 4:13pm CST by Luke Adams

Despite both Suns owner Mat Ishbia and general manager James Jones shooting down the notion that the team is entertaining the idea of trading Kevin Durant, ESPN’s Stephen A. Smith advised viewers on draft day to “pay no attention” to what the Suns were saying publicly, suggesting that the franchise wanted to move the star forward.

Speaking to Vincent Goodwill of Yahoo Sports, Durant didn’t name Smith specifically, but appeared to reference that comment in dismissing the trade rumors that keep popping up around him.

“You could just press the ‘KD wants to leave’ button anytime you want some attention,” Durant said. “Yes, it’s a button. What else is gonna get people going around this time? Besides, ‘Oh, the journeyman is leaving again.’ That story is always gonna hit.

“… For somebody to say, ‘Phoenix wants to get out of the KD (business),’ I’m sitting here like, where is this coming from?” he continued. “It bothers me that people lie like that and that the audience eats up the headline. I get sad when people buy into lies and just make up s–t. It’s bigger than ball at that point for me. I can’t control that. I feel for people. It’s a bad practice to have when you just believe anything, for one. Just believe what you see on TV. And then it’s another bad habit when you’re just lying.”

Durant will turn 36 this September and could be entering the final stage of his Hall of Fame career, but he told Goodwill that he’s not thinking about retirement yet and suggested he’d be comfortable transitioning into a lesser role during his twilight years as a player.

“I just love to play the game. If it’s a good situation, if I’m still enjoying the game of basketball, my goal is to play this (game) till the wheels fall off, for whatever role that is, so we’ll see,” Durant said.

Here’s more on the Suns:

Team USA head coach Steve Kerr told reporters on Tuesday that Durant, who missed his fourth consecutive with a calf strain, won’t play in Wednesday’s exhibition vs. Team Canada (Twitter link via Tim Bontemps of ESPN).
The Suns continue to work on re-signing free agent wing Josh Okogie and remain engaged in talks with veteran guard Kyle Lowry, according to Gerald Bourguet of PHNX Sports (Twitter links). If Lowry ends up signing elsewhere – Bourguet suggests a return to the Sixers is in play – then Phoenix would be “more than comfortable” with Monte Morris in the backup point guard role, since he was one of the team’s top three offseason targets, says Bourguet.
Responding to an inquiry about whether the Suns could trade for Walker Kessler, John Gambadoro of Arizona Sports 98.7 rejects the idea, tweeting that the Jazz have already declined offers from two separate teams that featured two first-round picks apiece for the young center.
In a story for GoPHNX.com, Bourguet takes a closer look at what veteran big man Mason Plumlee will bring to the Suns, outlining why he’s a clear upgrade over Drew Eubanks at the five.

Heat Notes: Rozier, Highsmith, Martin, Roster, Burks

July 9th, 2024 at 1:25pm CST by Luke Adams

Veteran Heat guard Terry Rozier, who missed the team’s final four regular season games and five playoff contests in the spring due to a neck injury, revealed on Tuesday that he was cleared to resume full basketball activities a couple weeks ago and has been doing on-court workouts, per Anthony Chiang of The Miami Herald. Rozier said it was difficult not to be able to contribute to the team during its biggest games of the year after arriving in Miami in a midseason trade

“Obviously we all know why I came here, to be a big help for the playoffs and just to try to get this team some life,” Rozier said. “It just sucks that I couldn’t play in the most important part of the season, and I had to watch the guys that I go to war with. So it was tough. … It was just nonstop thinking about me just wishing I was out there with my guys. That’s why I’m glad that I’m cleared and everything else will take care of itself when the time comes.”

Rozier had to wear a neck brace while he recovered from the injury, but he made it clear on Tuesday that he never felt as if his career might be in jeopardy due to the ailment. The 30-year-old also indicated that he fully believes the Heat are capable of improving on last season’s result (46-36; No. 8 seed) even without any significant changes to the roster.

“I think the fans are bored right now, and they want to put as many scenarios as they can for us,” Rozier said. “But at the end of the day, we want to run it back with our same team, and we want to show the fans what we can bring to Miami. Obviously last year was tough on us, all of it as a whole. But we’re looking to get out there and impact, and make an impact all together.”

Here’s more on the Heat:

After officially re-signing with the Heat on Monday, Haywood Highsmith admitted that his first real foray into free agency was an “up-and-down roller coaster,” but said he was “really satisfied” with the two-year, $11MM contract he received from Miami, according to Chiang.
Asked about reports that he turned down a four-year, $58MM extension from the Heat prior to free agency, Caleb Martin explained why he passed on Miami’s offer and ultimately settled for a more modest free agent deal from the Sixers. “Just certain things didn’t work. There’s a lot of things behind the scenes that went on, but ultimately, there was a lot in making that decision and there’s a lot that contributed to how everything went, but past is past,” Martin said (Twitter link via Keith Pompey of The Philadelphia Inquirer). “Can’t do nothing about that and like I said, I’m looking forward to being here and being a part of Philly and try to bring everything I can in order to try to win a championship so that’s my main focus now.” Martin’s offer from the Heat would’ve required him to pick up his $7.1MM player option for 2024/25, so he’ll at least earn a higher first-year salary in Philadelphia than he would’ve if he’d opted in.
Examining the Heat’s financial situation, Ira Winderman of The South Florida Sentinel lays out why the roster is essentially set for the season unless they make a trade, since signing another free agent currently isn’t a viable option for the team.
Veteran guard Alec Burks will be earning a minimum salary for just the second time in his NBA career in 2024/25, but he feels good about ending up in Miami, as Winderman writes for The Sun Sentinel. “The Heat Culture from afar, then I talked to (head coach Erik Spoelstra), made my decision,” Burks said when asked about choosing to sign with the Heat. “We had a great conversation. I think that’s the real reason I picked the team.”

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