Phoenix Suns Rumors | Hoops Rumors

Suns, Royce O’Neale Complete Four-Year Deal

June 29th, 2024 at 12:40pm CST by Luke Adams

JULY 6: O’Neale’s new contract with the Suns is official, according to the NBA’s transaction log. It has a base value of $42MM, with an additional $2MM in unlikely incentives, Hoops Rumors has learned.

JUNE 29: Free agent forward Royce O’Neale intends to sign a four-year, $44MM contract to remain with the Suns, according to Adrian Wojnarowski of ESPN (Twitter link).

The deal won’t feature either a team or player option and will be fully guaranteed, reports Zach Lowe of ESPN (Twitter link). It will be the most lucrative contract of O’Neale’s career, topping his previous four-year, $36MM extension that’s about to expire.

The No. 19 player on our list of this year’s top 50 free agents, O’Neale has been a reliable, durable wing since entering the league in 2017, never appearing in fewer than 69 games in a season across stints in Utah, Brooklyn, and Phoenix. The Suns acquired the former Baylor standout from Brooklyn in a three-team deal at February’s trade deadline.

A versatile defender with the size to match up against bigger wings and forwards, O’Neale isn’t much of an offensive threat, having never averaged more than 8.8 points per game in a season. But he’s a solid three-point shooter, with a career rate of 38.1% from beyond the arc, and he has averaged 3.2 assists per game over the past two seasons.

Because Phoenix projects to operate over the second tax apron in 2024/25, the team would have had no means to replace O’Neale or Grayson Allen with an equivalent player in free agency, so there was an expectation that both players would be re-signed. The Suns extended Allen in April and have now reached a deal to retain O’Neale as well.

Since O’Neale was expected to receive interest on the open market from rival suitors, the belief was that Phoenix would have to go up to three or four years to beat out clubs who might offer a higher starting salary. That turned out to be the case, with the Suns making a guaranteed four-year commitment to the 31-year-old.

As cap expert Yossi Gozlan tweets, adding O’Neale’s new deal to the Suns’ books increases their projected team salary for next season to nearly $217MM. The luxury tax line is expected to come in around $171.3MM. There may be more moves to come that push the Suns’ salary in one direction or the other, but based on the current projections – and accounting for tax penalties – it would be the second-most expensive roster in NBA history, says Gozlan.

Suns’ Josh Okogie To Decline Player Option

June 28th, 2024 at 11:06am CST by Arthur Hill

Suns guard Josh Okogie will turn down his $2.95MM player option for next season and test free agency, sources tell Michael Scotto of HoopsHype (Twitter link).

Okogie, 25, came to Phoenix as a free agent in 2022 and re-signed with the team last summer on a two-year deal that included the option. The Suns used him mainly in a backup role, as he averaged 4.6 points, 2.6 rebounds and 1.1 assists in 60 games this season while playing 16 minutes per night.

A recent report indicated that Phoenix was hoping Okogie would exercise the option to help with roster stability. Only seven members of this year’s 15-man roster are currently under contract for 2024/25.

The Suns still want to re-sign the veteran wing, according to Gerald Bourguet of PHNX Sports, who suggests (via Twitter) the team has interest in a deal a little above the veteran’s minimum. Phoenix holds Okogie’s Early Bird rights.

Okogie was selected by Minnesota with the 20th pick in the 2018 draft. He spent four years with the Wolves before accepting an offer in Phoenix.

Okogie joins Suns teammates Eric Gordon and Drew Eubanks in declining their options for next season. The team is still awaiting a decision from Damion Lee, who must determine whether to pick up his $2.8MM option by Saturday.

Trade Rumors: Wiggins, Warriors, Rockets, Ingram, Kings, Jazz

June 28th, 2024 at 10:54am CST by Luke Adams

Andrew Wiggins is no longer in the mix for the Canadian national team this summer, according to Doug Smith of The Toronto (Twitter link), who says the Warriors are “playing hardball” with a player they are “looking to move.”

Wiggins was insured and medically cleared by Canada Basketball, tweets Michael Grange of Sportsnet.ca, but it sounds like the Warriors don’t want to risk his health during trade negotiations after he dealt with an ankle issue last season. While Grange says the veteran forward isn’t thrilled about the decision, Anthony Slater of The Athletic (Twitter link) refers to it as a mutual one.

According to Jake Fischer of Yahoo Sports, Wiggins is one of several Warriors veterans who is considered a potential outgoing piece if Golden State makes a major deal. Kevon Looney and Gary Payton II fall into that category, as does Chris Paul, whose $30MM salary remains non-guaranteed for the time being. The Warriors’ decision on Paul’s non-guaranteed salary is due on Friday, but it’s possible the team will give him a partial guarantee in exchange for pushing back that deadline, says Fischer.

Here are a few more trade rumors from around the NBA:

While some trade rumors earlier this week linked Kevin Durant to Houston, the Rockets are more interested in pursuing younger trade targets whose timeline matches up better with their core, according to Sam Amick and Anthony Slater of The Athletic. Amick and Slater name Suns guard Devin Booker, Cavaliers guard Donovan Mitchell, and Pelicans forward Zion Williamson as some players who would fit that bill for Houston, acknowledging that there’s no indication any of those players will be available this summer.
Exploring potential trade partners for the Pelicans and forward Brandon Ingram, Fischer mentions the Kings, Sixers, Hawks, and Cavaliers as possibilities. However, he says that Atlanta and New Orleans haven’t had substantive discussions since talking about Dejounte Murray in February, while Cleveland remains reluctant to part with any of its four core players, including potential Pels target Jarrett Allen. It’s also unclear how high Ingram ranks on Philadelphia’s list of possible targets, Fischer adds. Sacramento, meanwhile, has been in the market for help on the wing this offseason, though Fischer doesn’t explicitly say the Kings have talked to New Orleans about Ingram.
Although rival teams are expected to continue calling to register interest in Lauri Markkanen, the Jazz‘s goal continues to be extending the veteran forward and acquiring another star to complement him, Fischer writes. Adrian Wojnarowski expressed a similar sentiment during ESPN’s draft broadcast this week. Utah talked to the Hawks about Murray in February and also expressed interest in Mikal Bridges before Brooklyn agreed to send him to New York, says Fischer.

Pacific Notes: George, Harden, Bronny, Knecht, Carter, Dunn

June 27th, 2024 at 10:16pm CST by Luke Adams

Speaking to reporters on Thursday night, president of basketball operations Lawrence Frank said the Clippers “love” Paul George and “very much want to retain” him, but acknowledged that the team doesn’t have full control over the process, per Ohm Youngmisuk of ESPN. George holds a $48.8MM player option for 2024/25. If he doesn’t get a contract offer he likes from the Clippers, he could turn down that option to become a free agent — or pick it up and request a trade.

“We hope Paul’s decision is to be here. He’s been awesome,” Frank said. “He’s been an All-Star. He’s one of the best two-way players in the league. He’s a terrific person. He’s got great family, so we hope he’s here but also respect the fact that if he chooses to opt out, that’s his choice. He’s earned it and we’ll see how things play out.”

In addition to George, the Clippers have another key player facing unrestricted free agency, with James Harden set to reach the open market on Sunday if he doesn’t agree to a new deal before then. Frank said talks with Harden’s camp so far have been productive.

“We think James has been terrific for us,” Frank said. “We hope he’s had a great experience while he has been here and we hope he decides to continue to be here. … We very much want James to remain a Clipper and hope he decides to do the same.”

Re-signing both George and Harden would likely make the Clippers a second-apron team for a second straight season, with more punitive roster-building restrictions taking effect this offseason for clubs above the second tax apron. Frank admitted that’s a factor the organization can’t ignore as it weighs potential roster moves.

“This is a business and the reality of the new CBA impacts teams like us,” he said, according to Youngmisuk. “When your better players are in their 30s and you’re trying to build a sustainable roster, it impacts it. Like if there was no CBA, with (Clippers owner) Steve Ballmer, it would be carte blanche. With the new CBA, it’s not even about the money as it is how are you going to build a sustainable roster, maintain your tools to have transactional flexibility? And with that comes really, really hard decisions.”

Here’s more from around the Pacific:

Discussing the Lakers‘ decision to draft Bronny James with the No. 55 pick on Thursday, head of basketball operations Rob Pelinka praised the former USC guard’s character, work ethic, and three-and-D potential, and said it would be “magical” to see him and his father LeBron James play alongside one another next season, per Dave McMenamin of ESPN. While it’s safe to assume LeBron is happy with the pick, McMenamin says star big man Anthony Davis supported it too. “He’s very good defensively,” Davis said of Bronny. “He can read the floor very well. I think he’s a really good play-maker. I saw him work out a couple times besides the (Klutch Sports) pro day and working with a big — his reads, reading the defense, making the right passes — that was really impressive to me. I think he’s going to be fine, man.”
The Lakers were thrilled to land Tennessee’s Dalton Knecht at No. 17 on the first day of the draft, McMenamin writes in a separate story for ESPN. “If we would have had the 10th pick in the draft, we would have taken him. So, to get that value at 17 is really extraordinary,” Pelinka said, adding that new head coach J.J. Redick immediately started drawing up plays for the sharpshooter in the Lakers’ draft room. Viewed as a potential top-10 pick, Knecht slipped due to concerns about his age (23) and defense, sources tell Jovan Buha of The Athletic.
No. 13 overall pick Devin Carter is dealing with a shoulder injury and his status for Summer League is up in the air, Kings general manager Monte McNair told reporters on Wednesday. However, McNair suggested the injury isn’t a serious one, according to Jason Anderson of The Sacramento Bee. “I think we got to get him in here and get with our doctors and just see what it is,” the Kings’ GM said. “But when we get through the draft process, our docs are confident. We’ve been in touch with his team. We’re confident it’s not a long-term issue.”
Suns general manager James Jones acknowledged that first-round pick and defensive standout Ryan Dunn has room to improve as a shooter, but expressed confidence that will be possible in Phoenix, as Gerald Bourguet of PHNX Sports relays (Twitter video link). “I’m confident with our staff, with (Mike Budenholzer), our coaches, that he’ll be primed to improve as a shooter,” Jones said. “If he can do that and do it quickly, I think we found a gem.”

Samuel, Buie Signing Exhibit 10 Deals With Suns

June 27th, 2024 at 9:15pm CST by Alex Kirschenbaum

The Suns are signing all-time Northwestern leading scorer Boo Buie and Florida forward Tyrese Samuel to a pair of Exhibit 10 deals, sources inform Jon Chepkevich of DraftExpress.com (Twitter links).

Buie, a 6’2″ two-time All-Big Ten guard, scored a total of 2,187 points during his five-season Wildcats tenure. In 2023/24, he posted a career-high 19.0 points per game on .438/.434/.858 shooting. His 5.0 assists, 3.3 rebounds, and 1.4 steals across 34 games this season all also represent career highs.

Samuel, a 6’10” All-SEC big man, spent his first four collegiate seasons at Seton Hall before transferring to the Gators in 2023/24. He scored 13.9 points per game on 56.4% field goal shooting and 56.2% foul shooting, plus 7.4 rebounds, 1.9 assists, 1.1 steals and 1.1 blocks per contest.

Exhibit 10 agreements are non-guaranteed, but can be converted into two-way contracts before the start of the regular season. If a player on an Exhibit 10 contract is waived and then links up with a team’s NBAGL affiliate club for at least 60 days, he’s eligible to earn a bonus, expected to be worth in the range of $78K this season.

Suns Acquire No. 40 Pick Oso Ighodaro From Knicks

June 27th, 2024 at 7:59pm CST by Luke Adams

7:59pm: The trade is official, according to a press release from the Suns. Rather than trading the No. 51 pick back and forth, the Knicks are simply receiving No. 56 pick Kevin McCullar and the Celtics’ top-45 protected 2028 second-round pick in exchange for Ighodaro.

4:32pm: Gerald Bourguet of PHNX Sports has clarified (via Twitter) that the Suns sent Boston’s 2028 second-round pick (top-45 protected) to the Knicks for No. 51, then traded No. 51 back to New York along with No. 56 in exchange for No. 40.

Essentially, then, the Knicks are receiving No. 56 and Boston’s protected 2028 second-rounder for No. 40 (Ighodaro), while still holding No. 51.

4:21pm: Marquette forward Oso Ighodaro was selected with the 40th overall pick in Thursday’s draft. We can say that with certainty. Tracking which team controls that pick is a little trickier.

While the Trail Blazers entered the day with control of No. 40, they agreed to trade it in a deal with the Thunder involving the No. 52 pick, per Jake Fischer of Yahoo Sports (Twitter link). Oklahoma City then agreed to send it – along with cash – to the Knicks in a deal for the No. 38 pick, according to Shams Charania of The Athletic (Twitter link).

According to Adrian Wojnarowski of ESPN (Twitter link), the Knicks subsequently reached a deal to send No. 40 to the Suns, who will ultimately control Ighodaro’s draft rights. Phoenix is sending No. 56 to New York as part of that trade, tweets Charania.

We’re still waiting for details on what else Portland is getting to move down from No. 40 to No. 52 and what else the Knicks are getting to move down from No. 40 to No. 56. Wojnarowski reported (via Twitter) that New York is receiving the No. 51 pick in addition to 56, but the Knicks already acquired that pick from Washington in an earlier deal.

We’ll update this story when we have more clarity on those trade details.

Suns’ Eric Gordon To Opt For Free Agency

June 27th, 2024 at 1:41pm CST by Luke Adams

Suns veteran wing Eric Gordon will turn down his $3.36MM player option for the 2024/25 season and become an unrestricted free agent, reports Shams Charania of The Athletic (Twitter link).

While a recent report from The Athletic had indicated that Gordon was “50-50” on his player option decision, plugged-in local reporter John Gambadoro of Arizona Sports 98.7 subsequently stated that he didn’t expect the 35-year-old to be back in Phoenix next season. According to Charania, multiple contenders are expected to pursue Gordon.

Gordon is no longer the 20+ PPG scorer that he was earlier in his career, but the 16-year veteran has remained a reliable rotation piece for contending teams in recent years. After accepting a minimum-salary contract to join the Suns last summer, he 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.

During his foray into free agency in 2023, Gordon prioritized the ability to play a significant role for a contending team over seeking out the most lucrative offer, since he almost certainly could’ve earned more than the veteran’s minimum from another club. We’ll see if his priorities remain the same this summer.

Gordon is one of four Suns who had a player option decision to make by June 29 and will join Drew Eubanks among those who are opting out. Josh Okogie‘s and Damion Lee‘s decisions have yet to be reported.

Trade/Draft Rumors: Kuzma, Kings, Kispert, Durant, Raptors, More

June 27th, 2024 at 7:42am CST by Luke Adams

Exploring a potential deal for Wizards forward Kyle Kuzma on Wednesday, the Kings discussed a framework that would have sent their No. 13 overall pick to Washington as part of the package and moved Sacramento down to No. 26, according to Jake Fischer of Yahoo Sports. If that deal had happened, the Wizards would’ve had a third lottery pick to go along with No. 2 and No. 14, but no agreement was reached and Washington ultimately traded up from No. 26 to No. 24 instead.

Still, after agreeing to trade Deni Avdija to Portland on Wednesday, it seems safe to assume the Wizards will continue to listen to inquiries on their veteran players, including Kuzma, Fischer writes. Fischer has also heard that fourth-year Washington sharpshooter Corey Kispert is generating trade interest from rival teams (Twitter link).

Here are a few more trade and draft rumors as we prepare for day two of the 2024 draft:

Just in case more confirmation was required after various reports – and team owner Mat Ishbia – stated that the Suns have no plans to trade Kevin Durant, general manager James Jones reiterated that message on Wednesday night, tweets Duane Rankin of The Arizona Republic. “It’s the stuff that gets clicks and that everyone wants to talk about, but I think I said it specifically back on May 19th when I was asked are we trading Kevin Durant,” Jones said. “I said no then, I’ll say no now. I’ll continue to get asked.”
According to Sam Vecenie of The Athletic, the Raptors are expected to receive significant interest in the No. 31 pick ahead of the resumption of the draft on Thursday, with presumed first-round picks like Johnny Furphy, Kyle Filipowski, and Tyler Kolek still on the board (those are also the top three remaining prospects on ESPN’s best-available list). Vecenie has Furphy penciled in at No. 31 in his mock draft of the second round, writing that most league sources expected the Kansas wing to be drafted in the top 23.
Former G League Ignite big man Tyler Smith is viewed as another prospect who could entice a team to trade for an early second-round pick, Fischer reports.
Elsewhere in his second-round mock, Vecenie says Spanish point guard Juan Nunez has been connected to the Timberwolves by league sources throughout the pre-draft process, while San Francisco forward/center Jonathan Mogbo has been frequently linked to the Knicks. Minnesota and New York currently control the 37th and 38th picks, respectively, with New York also picking at No. 51.

Nuggets Acquire No. 22 Pick DaRon Holmes

June 26th, 2024 at 11:05pm CST by Alex Kirschenbaum

11:05pm: The trade is official, the Suns announced in a press release, confirming the terms outlined below. Phoenix used the No. 28 pick to select Virginia’s Ryan Dunn.

Speaking on Wednesday night to reporters, Nuggets general manager Calvin Booth said the team views Holmes as a four (rather than a five) going forward, adding that the team didn’t necessarily make a promise to draft him but certainly targeted him (Twitter links via Vinny Benedetto of The Denver Gazette and Bennett Durando of The Denver Post).

“Once we got into the 20s and there was a chance to get him, we wanted to go get our guy, essentially,” Booth said.

The Knicks (initially at 24 and 25) and the Timberwolves (at 27) were considered teams that might be eyeing Holmes, compelling Denver to move up, according to Harrison Wind of DNVR Sports and Durando (Twitter links).

9:28pm: The Nuggets and Suns have agreed to a trade that will allow Denver to move up from No. 28 to No. 22 to select Dayton forward DaRon Holmes, reports Shams Charania of The Athletic (Twitter links).

According to Charania, in addition to the 28th pick, Phoenix is receiving the No. 56 pick in this draft and two future second-round picks from Denver. Those future second-rounders are the Nuggets’ own picks in 2026 and 2031, per Jake Fischer of Yahoo Sports (Twitter link).

The 6’10” forward was a three-time All-A10 honoree and a consensus All-American selection during his tenure with Dayton. During his final collegiate season in 2023/24, he averaged 20.4 points on .544/.386/.713 shooting splits, plus 8.5 rebounds, 2.6 assists, 2.1 blocks and 0.9 steals per night.

Last week, ESPN’s Jonathan Givony indicated that teams had been operating as if Denver had promised to select Holmes in the draft. Some recent reports denied that any promise had been made, but it certainly appears now that the 2023 champions had their eye on Holmes.

With the deal, the Suns are able to replenish their war chest of second-round picks after having traded so many away in deals over the last few seasons. As Bobby Marks of ESPN notes (via Twitter), Phoenix has increased its tally of future second-round selections from just two to five, including the No. 56 pick this year.

The Nuggets, weighed down by a pricey starting five, are clearly looking to add win-now young role player talent to their bench. Last season, they lost sixth man extraordinaire Bruce Brown in free agency. This year, the team is at risk of losing starting shooting guard Kentavious Caldwell-Pope, who has a $15.4MM player option for the 2024/25 season and could likely fetch a raise in free agency.

Luke Adams contributed to this report.

Mat Ishbia Says Suns Are Keeping Kevin Durant

June 26th, 2024 at 5:00pm CST by Arthur Hill

Suns owner Mat Ishbia sent out a Twitter message this afternoon to try to quash rumors about a Kevin Durant trade. Speculation regarding a potential deal has increased since the Rockets reached an agreement with Brooklyn to acquire three future Phoenix first-round picks.

“NBA Draft night is the best,” Ishbia wrote. “Everyone talking about the drama and storylines, some are right and some are just wrong. My turn. Phoenix loves Kevin Durant and Kevin Durant loves Phoenix, and we are competing for a championship this year because we have the team to do it. Gotta love draft night! Go Suns.”

Ishbia provided confirmation to a report this morning that there’s “zero chance” Durant will be traded. While Ishbia didn’t mention Devin Booker, another possible Rockets target, it’s believed that Phoenix isn’t looking to move any of its current core players.

Durant has two years left on his contract at $51.2MM and $54.7MM, so there’s no urgency for the Suns to trade him and no indication that he’s unhappy with his current situation. Phoenix was the destination Durant chose when he submitted his second trade request to Brooklyn two years ago. He was also Ishbia’s first major acquisition after purchasing the team, so it’s understandable that the owner would be reluctant to part with him already.

At 36, Durant might be an awkward fit with Houston’s roster, which is still mostly young. Booker, 28, fits the timeline better, but he’s under contract through the 2027/28 season.