Phoenix Suns Rumors | Hoops Rumors

Suns Sign Point Guard Ricky Rubio

July 8th, 2019 at 9:33pm CST by ChrisCrouse

JULY 8, 9:33pm: The Suns have officially signed Rubio, according to a team press release.

JUNE 30, 5:37pm: In a shocking development, the Suns have stolen presumed Pacers target Ricky Rubio. Phoenix will sign him to a three-year, $51MM deal, according to Shams Charania of The Athletic tweets.

Multiple reports this week indicated that Rubio was expected to join the Pacers once free agency began, with one story calling it a “virtual done deal.” Indiana saw point guard Darren Collison retire and it left them extremely thin at the position. However, the team was able to add Malcolm Brogdon via sign-and-trade.

As for the Suns, they haven’t had stability at the point guard spot since they traded Eric Bledsoe away. Rubio and newcomer Dario Saric, who came to the team in a draft night trade, will add veteran presence to a team looking to make the postseason.

A former fifth overall pick, Rubio averaged 12.7 PPG, 6.1 APG, and 3.6 RPG in 68 games (27.9 MPG) for the Jazz last season. He’s not a great shooter, but Phoenix will lean on him for his play-making, passing, and defense.

The Suns will need to make an additional roster move to fit Rubio in under the cap, if they plan to keep Kelly Oubre‘s cap hold on their books, notes ESPN’s Bobby Marks.

Photo courtesy of USA Today Sports Images.

Suns Waive Kyle Korver

July 8th, 2019 at 5:09pm CST by Luke Adams

After being traded from the Jazz to the Grizzlies to the Suns, Kyle Korver has now been placed on waivers by Phoenix, according to NBA.com’s log of official transactions.

The move was expected, since only $3.44MM of Korver’s $7.5MM salary for 2019/20 was guaranteed. The Suns needed to open up extra cap room to sign Ricky Rubio to his three-year, $51MM contract, and releasing Korver helps pave the way.

Korver is now on track to clear waivers and become an unrestricted free agent on Wednesday evening. When he first reported that Korver would be cut, ESPN’s Adrian Wojnarowski identified the Lakers, Bucks, and Sixers as the probable frontrunners to sign the veteran sharpshooter once he reaches the open market.

Korver averaged 8.6 PPG on .416/.397/.822 shooting in 70 games (19.1 MPG) last season for the Cavaliers and Jazz. A June report indicated that the 38-year-old – who is a career 42.9% three-point shooter – is expected to play for at least one more year.

Grizzlies, Suns Swap Kyle Korver, Josh Jackson In Multi-Player Trade

July 7th, 2019 at 12:05pm CST by Luke Adams

JULY 7: The trade is official, the Suns announced in a press release.

JULY 3: The Grizzlies and Suns have agreed to a trade that will send newly-acquired Memphis sharpshooter Kyle Korver to Phoenix along with Jevon Carter, reports ESPN’s Adrian Wojnarowski (via Twitter). According to Wojnarowski, the Grizzlies will receive Josh Jackson, De’Anthony Melton, a 2020 second-round pick, and a conditional 2021 second-round pick in the deal.

That 2021 Suns second-rounder will only change hands if it falls between 31-35, tweets Chris Herrington of The Daily Memphian. Brooklyn will receive it if it lands between 36-60.

Because Korver is part of the Mike Conley trade with Utah that hasn’t yet been completed, this deal can’t be made official until after the one is finalized. Once both deals are done, the Grizzlies will pick up a former No. 4 overall pick (Jackson), as well as a second-rounder from last year’s draft (Melton), along with at least one future second-round pick.

In two NBA seasons, Jackson has been inconsistent for the Suns, averaging 12.3 PPG and 4.5 RPG but shooting just .415/.294/.650 in 156 total contests (25.3 MPG). He has also faced questions about his maturity and off-court behavior.

However, he’s still just 22 years old, so the Grizzlies will get the opportunity to see if they can continue to develop him and help him reach his ceiling. They’ll also have to decide by the end of October whether to pick up $8.9MM option for 2020/21 — at this point, I’d be surprised if they do.

Melton, the 46th overall pick in 2018’s draft, is another intriguing roll of the dice for Memphis, one the team has long had its eye on, per Wojnarowski (Twitter link). The former USC Trojan is considered a strong defender, and started 31 games for the Suns in his rookie season, averaging 5.0 PPG, 3.2 APG, 2.7 RPG, and 1.4 SPG in 50 total contests.

As for the Suns’ side, the move looks like it’s primarily designed to clear the cap room necessary to complete their other reported moves this week, including Ricky Rubio‘s three-year, $51MM deal. They’ll also be able to retain Kelly Oubre‘s cap hold, and will presumably see if Carter can earn some minutes in their backcourt rotation.

According to Wojnarowski (via Twitter), Korver is expected to be bought out by Phoenix before his $7.5MM salary for 2019/20 becomes fully guaranteed. Korver’s deal is only partially guaranteed for $3.44MM as long as he doesn’t remain under contract through July 7.

If and when Korver clears waivers, the Lakers, Bucks, and Sixers will be the frontrunners to sign him, says Wojnarowski.

As cap expert Albert Nahmad observes (via Twitter), the Grizzlies will be able to use trade exceptions to absorb Jackson’s and Melton’s contracts, generating two new trade exceptions worth $3.44MM (Korver’s partial guarantee) and $1.42MM (Carter’s salary).

Photo courtesy of USA Today Sports Images.

Suns Sign Cameron Johnson, Ty Jerome, Jalen Lecque

July 6th, 2019 at 9:51pm CST by Arthur Hill

First-round pick Cameron Johnson has signed his rookie scale contract with Phoenix, according to the NBA’s transactions log.

The Suns selected the sharpshooting forward out of North Carolina with the No. 11 pick after trading down from No. 6 in a deal with the Timberwolves. The move represented the biggest surprise in the lottery.

[RELATED: 2019 NBA Draft Pick Signings]

Terms of Johnson’s contract weren’t announced, but under the rookie scale he is eligible to earn $4,033,440, $4,235,160, $4,437,000 and $5,887,899 in his first four seasons.

Phoenix also signed the 24th pick, Ty Jerome, who was acquired in a trade with the Celtics, and Jalen Lecque, who agreed to sign with the Suns shortly after he went undrafted (Twitter link). Like Johnson, Jerome will get a standard rookie scale contract, but terms of Lecque’s deal aren’t known.

Celtics Trade Aron Baynes, Ty Jerome To Suns For 2020 First-Rounder

July 6th, 2019 at 1:32pm CST by clarkcrum

JULY 6: The trade between the Celtics and Suns is now official, Boston announced today (via Twitter).

JUNE 20: The Celtics, who obtained the No. 24 selection from the Sixers earlier tonight, have agreed to trade the pick to the Suns, who have drafted Virginia point guard Ty Jerome (per Adrian Wojnarowski of ESPN). The Celtics also included big man Aron Baynes in the deal, tweets Shams Charania of The Athletic and Stadium.

According to Adam Himmelsbach of The Boston Globe, Boston received a future draft pick from Phoenix in exchange for the rights to draft Jerome, and both Woj and Tim Bontemps of ESPN (link) report that the Suns are sending the Celtics the Bucks’ 2020 first-round pick. All told, the Suns will obtain both Baynes and Jerome, while the Celtics, who were said to be looking to move on from Baynes, pick up a first-rounder in next year’s draft.

The Bucks, of course, are expected to be one of the better teams in the league next season, so Boston’s selection will likely fall near the end of the first round, but they were evidently willing to wait a year for the first-round pick in order to move Baynes.

ESPN’s cap guru Bobby Marks notes that Phoenix is now down to a projected $14MM in cap space after accounting for Baynes’ salary and the cap hold for Jerome, which will surely curtail the level of free agent point guard Phoenix will be able to pursue on the free agent market this summer.

As for the Celtics, salary cap expert Albert Nahmad (link) notes that by trading Baynes and both the No. 20 and No. 24 picks away, Boston now has the ability to increase its cap room to $34.8MM, if Terry Rozier‘s cap hold is renounced (h/t to Marks).

Suns Acquire Saric, Johnson From Wolves For Culver

July 6th, 2019 at 12:55pm CST by Luke Adams

JULY 6: The Timberwolves have officially acquired the draft rights to No. 6 pick Jarrett Culver in exchange for Saric and the rights to No. 11 pick Cameron Johnson, the team announced today in a press release.

JUNE 20: The Timberwolves and Suns have reached an agreement on a trade, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that Minnesota is moving up to No. 6. In exchange for the sixth overall pick, Phoenix is receiving Dario Saric and the No. 11 overall pick, says Woj.

It’s the second trade agreement of the day for the Suns, who also reached a deal to send T.J. Warren and the No. 32 pick to the Pacers. Saric will help fill in the gap in the frontcourt created by Warren’s departure, slotting in as a stretch four alongside franchise center Deandre Ayton.

Saric, 25, averaged 10.6 PPG and 5.6 RPG with a .437/.365/.880 shooting line last season in 81 games for the Sixers and Timberwolves. He was part of the package Philadelphia sent to Minnesota in exchange for Jimmy Butler, and has now been dealt twice in the last year.

Meanwhile, new Timberwolves head of basketball operations Gersson Rosas, who wasn’t part of the front office when the team acquired Saric last fall, is showing right away that he’s not afraid to be aggressive. Minnesota is now in position to potentially draft one of the top point guards of the 2019 class — with the Hawks expected to draft De’Andre Hunter at No. 4, at least one of Darius Garland or Coby White should still be on the board at No. 6.

There have been rumors in recent weeks linking the Timberwolves to point guards, since Tyus Jones and Derrick Rose are headed for free agency and Jeff Teague is entering the final year of his contract. We’ll have to wait to see what Rosas has in mind for the No. 6 pick though.

According to Wojnarowski (via Twitter), Rosas had been trying to move up to No. 4 or No. 5 before ultimately reaching a deal with the Suns for No. 6.

Heat Acquire KZ Okpala’s Draft Rights

July 6th, 2019 at 11:41am CST by Dana Gauruder

JULY 6: The Heat have officially acquired Okpala’s draft rights, sending the Pacers their 2022, 2025, and 2026 second-round picks, Miami announced in a press release. The deal technically became a three-team trade, having merged with the Pacers’ acquisition of T.J. Warren from the Suns.

JUNE 20: The Pacers agreed to send the No. 32 pick to the Heat, who selected Stanford small forward KZ Okpala, Adrian Wojnarowski tweets. The Pacers gained the rights to that pick earlier in the day in a trade with the Suns.

Indiana will receive three future second-round picks from Miami. The Heat had traded away their second-round pick.

Indiana also acquired forward T.J. Warren from Phoenix, which used cap room to make that deal in a salary dump. The Suns received cash considerations.

The 6’9” Okpala averaged 16.8 PPG and 5.7 RPG last season.

Suns Trade T.J. Warren To Pacers

July 6th, 2019 at 11:40am CST by Luke Adams

JULY 6: The trade is official, according to an announcement from the Pacers. It became a three-team trade, with Indiana sending the rights to No. 32 pick KZ Okpala to Miami in exchange for three second-rounders.

JUNE 20: The Pacers and Suns have reached a trade agreement that will send T.J. Warren to Indiana, reports ESPN’s Adrian Wojnarowski (Twitter link). According to Wojnarowski (Twitter links), the Pacers will also acquire the No. 32 overall pick from Phoenix and will take on Warren using cap room, sending cash to the Suns to complete the deal.

The trade looks like a straight salary dump for the Suns, who will move Warren with three years and $35.25MM left on his contract. Phoenix wanted to unload Warren – who will earn $10.81MM in 2019/20 — in order to open up more cap space, per Wojnarowski.

The Suns had a logjam at the small forward position and didn’t project to have much – if any – cap room this offseason, so the trade addresses both issues, though it will cost them a pretty good draft pick and a pretty good player with little return.

Injuries limited Warren to just 43 games in 2018/19, but he was a very effective scorer when he did play, averaging 18.0 PPG, 4.0 RPG, 1.5 APG, and 1.2 SPG with a .486/.428/.815 shooting line.

Assuming Phoenix keeps the cap hold for restricted free agent Kelly Oubre on its books, the team now projects to have about $21MM in cap room once the trade is finalized in July, tweets ESPN’s Bobby Marks. That space will give the club more flexibility to go after a starting-caliber point guard on the open market, but still won’t be enough for a maximum-salary offer.

As for the Pacers, many of their key rotation players are headed for free agency this summer, so they’ll have plenty of cap room to take on Warren. Acquiring him will also reduce some of the uncertainty surrounding those free agents — the team could have a little added leverage in negotiations with the likes of Bojan Bogdanovic or Thaddeus Young with Warren now under control.

According to Marks, the Pacers will still have nearly $31MM in cap room available once the acquisition of Warren is finalized, though that projection doesn’t account for Bogdanovic’s cap hold.

[RELATED: Pacers eyeing Ricky Rubio]

Indiana now controls three picks in tonight’s draft, adding the No. 32 selection to Nos. 18 and 50. The Suns are left with just the No. 6 overall pick.

Tim MacMahon of ESPN.com first reported earlier today that the Pacers were among the teams with interest in Warren.

Photo courtesy of USA Today Sports Images.

Suns Unload High-Risk, High-Reward Asset In Josh Jackson

July 4th, 2019 at 9:28pm CST by Austin Kent

The Phoenix Suns unloaded 2017 fourth-overall pick Josh Jackson on the Memphis Grizzlies yesterday, after a tumultuous but oh-so-promising two-year stint with the franchise. Duane Rankin of the Arizona Republic broke down exactly what went wrong for the once-prized prospect.

A plethora of red flags spoiled Jackson’s reputation off the court and eventually that proved to trump even his best performances on it. To Jackson’s credit, he managed to show high-ceiling talent despite playing for three different head coaches with three different playing styles, but the downside proved to much to bear for a young Suns organization that desperately needs to start moving forward.

Jackson averaged 17.0 points and 6.1 rebounds with over a block and a steal per games in games in which he played 30 or more minutes, but those flashes of excellence were few and far between as the Suns swingman struggled with his shot and controlling his emotions.

The Grizzlies, another team in the midst of a rebuild, will hope that a fresh start is enough to put the former Suns prospect back on the right track.

Free Agent Rumors: Holiday, Cousins, Burke, More

July 4th, 2019 at 3:58pm CST by Luke Adams

Free agent swingman Justin Holiday has received interest from the Lakers, Clippers, Bulls, Raptors, Pacers, Wizards, Hornets, and Cavaliers, league sources tell Michael Scotto of The Athletic (Twitter link).

Given how quickly most of the top players came off the market, Holiday represents one of the more intriguing options available, given his ability to knock down three-pointers (1.8 3PG on 35.4% shooting over the last three years) and defend on the perimeter.

According to Scotto, the Grizzlies are open to the idea of accommodating a sign-and-trade deal involving Holiday, so a team with interest in him could potentially acquire him using a trade exception if it doesn’t want to cut into its mid-level.

Here’s more on a few NBA free agents:

Wizards interim head of basketball operations Tommy Sheppard briefly spoke with free agent big man DeMarcus Cousins in Las Vegas, according to Candace Buckner of The Washington Post (Twitter link). A previous report indicated there was virtually no chance of Cousins signing with Washington, and Buckner cautions that the conversation was described as small talk, but she still refers to it as an “interesting development.”
The Lakers are in the mix for free agent point guard Trey Burke, according to Marc Berman of The New York Post (Twitter link). Los Angeles still has plenty of roster spots to fill, so it’s not clear how high Burke is on the team’s wish list.
Veteran NBA big man Darrell Arthur, who sat out last season after being waived by Phoenix in October, is considering a comeback and is open to continuing his career overseas, tweets Emiliano Carchia of Sportando.
ESPN’s Tim MacMahon, Marc J. Spears, and Ohm Youngmisuk spoke to coaches, scouts, and executives at the Utah and California Summer Leagues to get their thoughts on free agency so far. Among the highlights: McMahon writes that a number of rival executives and scouts believe the Rockets dodged a bullet by not landing Jimmy Butler.
The Suns have formally renounced their free agent rights to several players, including Dragan Bender, Jamal Crawford, Jimmer Fredette, and Ray Spalding, per RealGM’s transactions log.