Philadelphia 76ers Rumors | Hoops Rumors

Paul Reed Receives Offer Sheet From Jazz

July 8th, 2023 at 10:32am CST by Arthur Hill

Restricted free agent Paul Reed has signed an offer sheet with the Jazz worth $23MM over three years, according to ESPN’s Adrian Wojnarowski. The Sixers will have until 11:59 p.m. on Sunday to match the offer if they want to keep Reed.

Sources tell Wojnarowski that the offer contains a unique provision that guarantees the first season of the new contract, while the other two will only become guaranteed if his team reaches the conference semifinals in 2023/24. That would total $15.7MM over two years, and Wojnarowski points out that Philadelphia is much more likely than Utah to advance in the playoffs during the upcoming season.

Woj also notes that the Sixers will exceed the $165MM luxury tax threshold if they match Reed’s offer, which would cost them an estimated $14MM in tax penalties. Reed would have the option to veto trades for a year if he stays with Philadelphia.

The Jazz will use their $7.7MM room exception to complete Reed’s offer sheet, tweets Bobby Marks of ESPN. He points out that Utah used its cap space in its trade for John Collins and its renegotiation-and-extension with Jordan Clarkson, whose salary for 2023/24 rose from $14.3MM to $23.5MM.

Reed saw his role expand in his third NBA season as he averaged 4.2 points and 3.8 rebounds in 69 games. He emerged as the primary backup to Joel Embiid as the season wore on and appeared in all 11 playoff contests.

The Sixers are re-signing Montrezl Harrell and are adding free agent center Mohamed Bamba, so Reed’s role might not be as secure if he stays in Philadelphia for another season.

Stein’s Latest: Wood, Saric, Bol, Mavs, Pelicans, Reed

July 7th, 2023 at 10:50pm CST by Rory Maher

Christian Wood and Dario Saric are two of the top unrestricted free agents who have yet to find new teams. There’s a good reason for that, according to Marc Stein at Substack: Both big men have only received contract offers for the veteran’s minimum thus far and are presumably looking for more money.

Stein says Saric will likely land with the Warriors if he’s unable to find a higher-paying offer. The Croatian big man is reportedly Golden State’s top remaining target.

Here’s more from Stein:

The Magic released Bol Bol on Tuesday and he cleared the waiver wire despite having a relatively modest $2.2MM salary. The Suns have a “level of interest” in the 7’2″ big man, according to Stein. John Gambadoro of Arizona Sports 98.7 FM said on Thursday (via Twitter) that he believed Phoenix might “take a hard look” at potentially signing Bol. Jake Fischer of Yahoo Sports reported when Bol was waived that the Suns contemplated trading for him on the night of last month’s draft.
The Mavericks aren’t done reshaping their roster this offseason, Stein reports. Dallas is expected to trade Tim Hardaway Jr. at some point, with JaVale McGee another candidate to be on the move, whether it’s via trade or being waived. Stein also hears Theo Pinson‘s time with the Mavs is likely over. The veteran guard remains an unrestricted free agent.
The Pelicans are just above the luxury tax threshold and have reportedly been active in trade talks for weeks. Like Fischer, Stein hears New Orleans is shopping guard Kira Lewis Jr. and center Jonas Valanciunas, with Lewis’ name surfacing more frequently in recent days. The Pelicans also unsuccessfully attempted to pry Jarrett Allen away from the Cavaliers, according to Stein.
There hasn’t been much buzz about possible offer sheets for restricted free agent Paul Reed, but Stein writes that the Jazz are worth monitoring. However, the Sixers are reportedly keen on retaining Reed, so it’s unclear if that might work out for Utah. The Jazz also already have several frontcourt players, so Reed would be a bit of an odd fit from a roster standpoint.

Trade/FA Rumors: Lillard, LaVine, Sixers, Reed, Reaves, Spurs

July 7th, 2023 at 2:11pm CST by Luke Adams

The Trail Blazers are believed to be seeking a package in the neighborhood of four first-round picks and two quality players in exchange for Damian Lillard, according to Aaron Fentress of The Oregonian, who spoke to Lillard’s agent Aaron Goodwin about the negotiations. Goodwin reiterated that he’s telling other teams that his client only wants to play for the Heat.

“It’s not fair to a team to allow them to engage in a negotiation that could be futile in the end,” Goodwin told Fentress.

While Lillard may be focused on the Heat, it would require the involvement of at least one more team for the Blazers to get a package anywhere near the level they’re looking for. Having traded its 2025 first-round pick to Oklahoma City, Miami can only currently offer two first-rounders.

As we wait to see if negotiations between Portland and Miami gather any momentum with teams convening at the Las Vegas Summer League, here are a few more trade and free agency rumors from around the NBA:

League sources tell K.C. Johnson of NBC Sports Chicago that Zach LaVine‘s name has come up in preliminary trade discussions with both the Sixers and Trail Blazers. Neither of those conversations gained traction, according to Johnson, who hears that the Bulls‘ asking price for LaVine has been “extremely high.” Still, Johnson says the team has “fluctuated in its belief in LaVine’s consistency as a lead option.”
Kyle Neubeck of PhillyVoice.com hears from sources familiar with the situation that the conversations between the Sixers and Bulls were really just “check-in” talks prior to the draft and didn’t evolve beyond that. So there’s no indication at this point that any multi-team deal involving LaVine and James Harden is on the way, Neubeck writes.
The Sixers‘ deals with centers Mohamed Bamba and Montrezl Harrell haven’t diminished their desire to retain restricted free agent Paul Reed, a team source tells Noah Levick of NBC Sports Philadelphia.
The Spurs legitimately considered the possibility of an offer sheet for restricted free agent guard Austin Reaves, ESPN’s Zach Lowe said on his Lowe Post podcast. The Lakers ultimately re-signed Reaves on a four-year, $54MM deal, which was the most that they could give him directly — another team could’ve tested Los Angeles’ resolve by making a four-year offer worth up to $102MM. “I know San Antonio was going back and forth on it and for whatever reason didn’t do it,” Lowe said.

Latest On Damian Lillard

July 6th, 2023 at 6:50pm CST by Dana Gauruder

Damian Lillard‘s agent, Aaron Goodwin, confirms that his client only wants to be traded to the Heat, according to Barry Jackson of the Miami Herald.

ESPN’s Adrian Wojnarowski previously reported that Goodwin was attempting to steer his client to Miami while discouraging other teams from pursuing a trade for the perennial All-Star guard. In comments to Jackson, Lillard’s agent responded to that ESPN report.

“I do what I should for my client. Some teams I did call. Other teams have called me,” Goodwin said. “It’s a respectful relationship with most teams. Truthfully, he wants to play in Miami. Period.”

Despite Lillard’s focus on Miami, Trail Blazers general manager Joe Cronin plans to speak with other GMs and team presidents during the Las Vegas Summer League. Still, Goodwin believes Cronin will eventually grant Lillard’s wish, Aaron Fentress of The Oregonian tweets.

“I had a positive conversation with Joe and I made it clear that Damian would want them to sit down and have a meaningful negotiation with Miami.” Goodwin said. “And I think that’s something that Joe and the Blazers will do.”

We have more on Lillard:

So what if Lillard gets traded to another team besides the Heat? A source familiar with his thinking claims that the star guard would hold out, according to Mark Medina of Sportsnaut.com. “He just wouldn’t go,” the source said. “He just wouldn’t report. … I don’t think the other team would trade for him knowing that he doesn’t want to be there.” While it’s possible that source is right about how Lillard would respond to being traded to a non-Heat team, it’s hard not to interpret it as a leverage play, given that Lillard has four years remaining on his contract.
The Jazz made a call to to the Blazers regarding Lillard but didn’t make any type of formal offer, according to ESPN’s Adrian Wojnarowski. Although Utah could dangle draft picks and developing young players for Lillard, he doesn’t fit the timeline for its young core, Wojnarowski points out.
A couple of league sources close to the situation told the Miami Herald’s Anthony Chiang that it wouldn’t be surprising if Lillard remains in limbo for weeks while Portland waits for better trade offers. Lillard’s desire to go to Miami could depresses the market. With the start of training camp still three months away. the Heat don’t have to push the panic button and increase whatever offer they have on the table.
The Sixers haven’t entirely ruled out the possibility of trading for Lillard, but they’ve “consistently underplayed” the odds of it happening, sources tell Kyle Neubeck of PhillyVoice.com.

Atlantic Notes: Beverley, Sumner, Harden, G. Williams, Raptors

July 6th, 2023 at 11:19am CST by Arthur Hill

In his latest podcast, Patrick Beverley said he consulted with former Sixers coach Doc Rivers before deciding to sign with Philadelphia (video link from Barstool Sports). Beverley describes Rivers as a “mentor” and said he often reaches out to him before making important decisions.

“This is a Hall of Fame coach who just got fired, and his exact words: ‘I love Philadelphia for you; they need you,'” Beverley said. “‘You will be great with Joel (Embiid). James (Harden), he respects you, you will be great with him. If I had you last season, we would have been a different team.'”

Beverley, who agreed to a one-year, minimum-salary deal, said he was planning to talk to the Celtics and Wizards, but changed his mind after getting Rivers’ endorsement of the Sixers.

There’s more from the Atlantic Division:

The Nets and guard Edmond Sumner have agreed to push back his salary guarantee date, tweets Michael Scotto of HoopsHype. Sumner’s $2,239,943 non-guaranteed salary for 2023/24 had previously been on track to fully guarantee if he wasn’t waived today, as our tracker shows. His new guarantee date is July 15, tweets Brian Lewis of The New York Post.
Sixers president of basketball operations Daryl Morey showed good judgment by not letting his fondness for Harden affect what’s best for the team, writes Marcus Hayes of The Philadelphia Inquirer. Morey has a long relationship with Harden going back to Houston, but he wasn’t willing to give the 34-year-old former MVP the pricey long-term contract he wanted. Hayes states that the first indication that Morey wouldn’t give in to Harden came when he hired Nick Nurse as his new head coach instead of Mike D’Antoni, a longtime Harden favorite.
Under different circumstances, the Celtics might have been willing to give Grant Williams the four-year, $54MM deal he received from the Mavericks, suggests Chris Forsberg of NBC Sports Boston. Forsberg believes the Celtics would have paid that price for Williams before last season started or if they had been able to unload Malcolm Brogdon‘s salary. But the addition of Kristaps Porzingis affected Boston’s financial picture and likely would have reduced Williams’ role on the team. Forsberg points out that the Celtics are about $7MM below the second apron and have limited options to replace Williams, which should result in more playing time for Sam Hauser and other young players.
Eric Koreen of The Athletic looks at potential deals for the Raptors after losing point guards Fred VanVleet and Dalano Banton in free agency. The most prominent name is Brogdon, whom Koreen believes might be available in exchange for Gary Trent Jr. Koreen also eyes trades involving Delon Wright, Ricky Rubio, Devonte’ Graham, Payton Pritchard, Killian Hayes, Cole Anthony and Kira Lewis.

Fischer’s Latest: Bridges, Washington, Pelicans, Dosunmu, More

July 5th, 2023 at 9:21pm CST by Rory Maher

Prior to signing his $7.9MM qualifying offer, Miles Bridges was seeking around $25MM per year in talks with the Hornets, sources tell Jake Fischer of Yahoo Sports. However, Charlotte was unwilling to approach that figure, which is why Bridges’ representatives quickly opted for unrestricted free agency in 2024.

Bridges was ineligible to be included in a sign-and-trade because he wasn’t on the team’s roster last season, having missed all of 2022/23 after facing a felony domestic violence charge. He agreed to a plea deal and was subsequently suspended by the NBA, who will require him to sit out the first 10 games of ’23/24.

Prior to that incident, Bridges was viewed as one of the top free agents of the 2022 class, having averaged 20.2 PPG, 7.0 RPG, and 3.8 APG on 49.1% shooting in 80 games (35.5 MPG) in ’21/22. There was talk of him receiving $30MM annually in an offer sheet last year, according to Fischer, with the Pacers, Pistons and Grizzlies all linked to the 25-year-old forward.

Here’s more from Fischer’s latest story for Yahoo Sports:

Hornets restricted free agent forward P.J. Washington might have to wait a while in order to find the type of contract he’s seeking, and it might have to come via sign-and-trade. Marc Stein first reported that the former first-round pick is seeking around $18MM annually. According to Fischer, Washington is looking for $80MM over four years. Fischer writes that several agents seem to be pointing to Keldon Johnson‘s rookie scale extension with the Spurs as a benchmark of sorts in negotiations.
The Pelicans continue to gauge the trade market for reserve guard Kira Lewis Jr. and starting center Jonas Valanciunas, sources tell Fischer. Lewis is entering the final year of his rookie scale contract and could become a restricted free agent next summer, while Valanciunas’ $15.4MM deal is expiring.
Fischer hears the recent conversations between the Hawks and Raptors haven’t been very productive when it comes to a potential Pascal Siakam deal. On an unrelated note, Fischer also reports there’s optimism within Atlanta’s organization that the team will be able to extend Dejounte Murray.
The Raptors have expressed interest in Bulls guard Ayo Dosunmu, Fischer reports. However, it’s unclear if they’ll try to make a run at the restricted free agent via an offer sheet or sign-and-trade.
Like other reporters, Fischer has heard there’s mutual interest in a reunion between the Sixers and restricted free agent big man Paul Reed.

Trade Rumors: Harden, Lillard, Knicks, George

July 5th, 2023 at 4:02pm CST by Luke Adams

Appearing on SportsCenter on Tuesday (Twitter video link), ESPN’s Adrian Wojnarowski suggested that the Sixers may take the same approach to James Harden‘s trade request that they did to Ben Simmons‘ in 2021. In other words, the team will exercise patience waiting for the right deal to materialize, hoping in the meantime that its star guard will eventually have a change of heart about his desire to leave Philadelphia.

“If it was up to the Sixers, they would get James Harden enthusiastic about playing next season with the Sixers,” Wojnarowski said. “… The Sixers have been talking to teams about trades for James Harden (but) their asking price is really high.”

As Wojarowski points out, Harden has a better relationship with Sixers president of basketball operations Daryl Morey than Simmons did with the team leaders in Philadelphia. However, the 76ers’ apparent unwillingness to put a lucrative, long-term contract offer on the table for Harden has created some discontent.

“There’s a lot of work that’s gotta be done with Harden before he’s really enthusiastic about a return there,” Wojnarowski said.

Here are a few more trade-related notes and rumors from around the NBA:

Unlike the 76ers with Harden, the Trail Blazers are under no illusions that they’ll be able to convince Damian Lillard to continue his career in Portland, Wojnarowski said during an NBA Today appearance on Wednesday (YouTube link). “I think both sides realize that this is over,” Wojnarowski said. “This is not a situation necessarily where the Blazers are trying to talk Damian Lillard back in.”
ESPN’s Tim Bontemps said on ESPN’s Get Up on Wednesday that he’s not expecting the Lillard situation to be resolved in the short-term future, noting that the Trail Blazers will want to take plenty of time to sort through all their options and get the best possible return. “I think we’re in for a bit of a wait,” Bontemps said (YouTube link). “That’s because we are on Portland Trail Blazers time.”
The Knicks‘ offseason feels somewhat incomplete, according to Fred Katz of The Athletic, who suggests the team could still have a move to make on the trade market. League sources tell Katz that the Knicks have contacted multiple teams this summer in search of a veteran in his prime who would fit the current roster.
While the Knicks may still have a trade up their sleeves, it doesn’t sound like it will be for Clippers forward Paul George. New York was linked to George earlier in the offseason, but Alan Hahn of ESPN Radio and MSG Network said on the Bart & Hahn podcast (Twitter audio link) that the Knicks deemed it too “expensive” to both acquire George and give him the extension he’s believed to be seeking.

Washington, Williams, Thybulle Among RFAs Still Available

July 4th, 2023 at 1:00pm CST by Luke Adams

Of the eight free players on our list of top 50 free agents who have yet to reach new deals, five are restricted free agents. Those five restricted free agents are also the only ones still available at all (not including those coming off on two-way deals). Those players are as follows:

P.J. Washington (Hornets)
Grant Williams (Celtics)
Matisse Thybulle (Trail Blazers)
Ayo Dosunmu (Bulls)
Paul Reed (Sixers)

While I’m sure these five players would’ve preferred to agree to lucrative new contracts in the opening hours of free agency, it’s not necessarily an ominous sign that they’ve yet to line up new deals four days later. It can sometimes take a little longer for the market for restricted free agents to develop, but it doesn’t mean they won’t get paid.

A year ago, for instance, Deandre Ayton didn’t sign his maximum-salary offer sheet with the Pacers (which was quickly matched by the Suns) until July 14, two weeks after the start of free agency. Collin Sexton, who received a four-year, $71MM in a sign-and-trade deal that sent him to Utah as part of the Donovan Mitchell blockbuster, didn’t resolve his restricted free agency until September.

The same thing happens with a few restricted free agents just about every year. In 2021, RFAs like Josh Hart (three years, $38MM) and Lauri Markkanen (four years, $67MM) took multiple weeks to reach new contract agreements.

In other words, there’s still plenty of time for Washington, Williams, Thybulle, Dosunmu, and Reed to find deals they like.

Washington, Williams, and Thybulle, in particular, seem like good bets to cash in sooner or later. A report over the weekend indicated that Washington was drawing interest from multiple teams besides the Hornets. Williams has reportedly received interest from Charlotte and Dallas, with the Mavericks also said to be keeping an eye on Thybulle.

It would be a surprise if any of them had to settle for a below-market deal. It sounds like teams are still in the process of figuring out if an offer sheet will be an exercise in futility or if there’s a legitimate chance to pry away one of those players from his current club — and if so, what the price point would be.

There hasn’t been as much chatter about Dosunmu or Reed, but there haven’t been any red flags on either front. Their qualifying offers ($5.2MM for Dosunmu; $2.3MM for Reed) remain in place as one-year fallback options.

The Spurs are the one team that still has enough cap room to make a strong play for any of those top RFAs, if they so choose. The Rockets may also be able to offer more than the full mid-level, depending on how all their moves shake out, and teams below the tax apron are free to try to negotiate sign-and-trades.

It has become pretty rare for restricted free agents to change teams via offer sheets, but sign-and-trade deals aren’t uncommon — they get the player to his preferred landing spot while ensuring that his old team picks up an asset or two.

There are still several unrestricted free agents whose landing spots will be worth watching too, including Christian Wood, Kelly Oubre, Hamidou Diallo, Jaylen Nowell, and Dario Saric. But at this point in free agency, it’s the RFA market that looks more intriguing.

Fischer’s Latest: Lillard, Harden, Saric, Christopher, N. Powell

July 3rd, 2023 at 8:59pm CST by Luke Adams

After a busy first two days of free agency on Friday and Saturday, the pace has slowed down on Sunday and Monday, with minimum-salary deals, rookie agreements, and two-way signings dominating headlines at Hoops Rumors.

While that shift is partly due to the fact that most of this year’s top free agents have come off the board, it’s also related to the trade requests submitted by Damian Lillard and James Harden, according to Jake Fischer of Yahoo Sports, who suggests that neither the Trail Blazers nor the Sixers are in a rush to make a deal. Some areas of the free agency market may be on hold until those situations are resolved, Fischer explains.

For instance, the Heat – who are Lillard’s top suitor – have told several free agents, including Malik Beasley, that they won’t be moving forward with veteran’s minimum signings until they have more clarity on the Lillard situation. Miami would presumably be a more attractive destination for veteran free agents with Lillard on the roster — and would have more roster openings to fill.

According to Fischer, Dario Saric and Josh Christopher are among the players who “could be involved” with the Heat depending on what happens with Lillard. Saric is a free agent, while Christopher is reportedly being traded from Houston to Memphis, so perhaps there are scenarios in which he’d be re-routed to Miami. Beasley apparently decided not to wait on the Heat, having agreed to sign with Milwaukee.

Here’s more from Fischer:

Like Lillard with the Heat, Harden has conveyed a strong preference that he end up with the Clippers, according to Fischer. The fact that the two stars are each focused on a single destination is one reason why the Trail Blazers and Sixers are moving so deliberately, Fischer notes, since they don’t want to be “backed into a corner” and accept pennies on the dollar. It will be a challenge for Portland and Philadelphia to extract the best possible package they can for their respective stars without opening up the market to other teams, either as potential Lillard/Harden destinations or as third or fourth clubs in multi-team deals that get the star guards to their desired landing spots.
The Clippers appear better positioned to work out a deal with the Sixers for Harden than the Heat are with the Trail Blazers for Lillard, in part because Philadelphia is prioritizing expiring contracts and Los Angeles has plenty of those to offer, Fischer says. Still, he wonders if Clippers swingman Norman Powell – who has three years left on his contract – might hold some appeal for the Sixers, whose new head coach Nick Nurse had Powell on his 2019 title team in Toronto.
The fact that Harden has just one year left on his contract – compared to Lillard’s four – may make a dark-horse suitor more comfortable about rolling the dice on the Sixers guard, knowing that if it doesn’t go well, he’ll be off the books in a year and it won’t be a long-term problem, Fischer writes. On the other hand, team executives around the NBA aren’t necessarily convinced that Lillard, who has a reputation for being a consummate professional and can’t reach free agency until at least 2026, would play hardball and refuse to report to camp if he’s sent to a non-Heat team, Fischer adds.

Atlantic Notes: J. Brown, Embiid, Knicks, Raptors

July 3rd, 2023 at 2:55pm CST by Luke Adams

A handful of players have agreed to contract extensions since the new league year began on Saturday, but Celtics wing Jaylen Brown isn’t among them — yet.

Appearing on ESPN’s SportsCenter on Monday (YouTube video link), Brian Windhorst said the Celtics and Brown have mutual interest in getting something done and that he expects things to “head in that direction.” However, he also referred to the deal as “fragile.” Asked to clarify what he meant by that, Windhorst explained that Brown having qualified for a super-max extension doesn’t mean no negotiations will be required.

“I think it’ll get done, but he’s eligible for up to 35% of the salary cap, but he doesn’t have to get that,” Windhorst said. “The Celtics could negotiate on that. They could negotiate on a player option. They could negotiate on several things. So it’s not as simple as saying, ‘Jaylen, here’s your contract, sign it or not.'”

While most players who have signed designated veteran (super-max) contracts have received a full 35% starting salary, Rudy Gobert is one notable exception. When he signed his super-max extension with Utah, it began at 31.4% of the cap.

Here’s more from around the Atlantic:

Rival executives have no expectation that the drama in Philadelphia related to James Harden‘s trade request will prompt Sixers center Joel Embiid to seek a change of scenery himself, writes Sean Deveney of Heavy.com. “No, just no way,” one general manager replied when asked about the possibility. “He is a different kind of character. He is a lot more like (Damian) Lillard and (Bradley) Beal because he wants to be loyal to the team, he wants to stay there, he has a lot of appreciation for how he has been treated there.” Of course, Lillard and Beal eventually did request trades, so – as the GM notes – if the 76ers haven’t moved any closer to title contention two or three years from now, it could be a different story.
While the Knicks got better by adding a shot-maker and creator in Donte DiVincenzo, their rotation took a hit with the trade of Obi Toppin, who was the power forward on the second unit, writes Zach Braziller of The New York Post. It remains to be seen what the plans are for that spot, according to Braziller, who notes that New York’s excess backcourt depth could set the team up for a roster-balancing trade.
Barring a trade that shakes up the roster, the Raptors aren’t in position to make another significant move this offseason. So in order for the team to take any sort of step forward after losing Fred VanVleet, Toronto may need the hiring of head coach Darko Rajakovic to be its most impactful move of the offseason, Doug Smith of The Toronto Star suggests.

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