Cameron Payne Rumors | Hoops Rumors

Spurs Waive Cameron Payne

September 11th, 2023 at 4:20pm CST by Rory Maher

4:20pm: The Spurs have officially waived Payne, the team announced in a press release.

1:01pm: The Spurs are releasing Cameron Payne, league sources tell ESPN’s Adrian Wojnarowski.

Assuming he goes unclaimed on the waiver wire, San Antonio will be on the hook for Payne’s 2023/24 salary, which is fully guaranteed at $6.5MM. Wojnarowski says there will be a “significant market of contending teams” interesting in signing the veteran guard if he clears waivers.

Phoenix traded Payne to San Antonio a couple months ago in a salary-dump deal. The Spurs picked up a 2025 second-rounder and $5.7MM in cash as part of the trade, while the Suns received a protected 2024 second-rounder.

Payne appeared in 48 games for the Suns last season, averaging 10.3 points, 4.5 assists, and 2.2 rebounds in 20.2 minutes per night, with a shooting line of .415/.368/.766. The 29-year-old will be one of the top players left on the free agent market after a solid run as a backup with Phoenix.

As ESPN’s Bobby Marks tweets, the Spurs are facing a roster crunch — even after waiving Payne, they still have 17 players on guaranteed contracts. That number will need to be trimmed to 15 by the start of the season.

Payne freely admitted last month that he’d rather be in Phoenix than San Antonio. However, league rules forbid Payne from re-signing with the Suns, Marks notes.

With a packed roster and in the midst of a rebuild, Payne clearly wasn’t part of the Spurs’ plans. They now have 19 players under contract, two shy of the offseason limit.

Pacific Notes: Payne, Durant, Queta

August 11th, 2023 at 1:20pm CST by Dana Gauruder

Cameron Payne isn’t hiding his feelings about the Suns dealing him to the rebuilding Spurs. Payne admits he’d rather be in Phoenix, Duane Rankin of the Arizona Republic relays via an Instagram Live post from the point guard.

“Man, I love Phoenix, bro, I miss Phoenix already,” Payne said. “I wish I was in Phoenix still but hey, it is where it is, man. They’re trying to win a chip and I respect it. I feel like they could’ve won a chip with me though ’cause like, I’m tough.”

Payne was dealt, along with the Pelicans’ 2025 second-rounder acquired in a previous deal, to the Spurs for a protected 2024 second-rounder. Phoenix reduced its luxury tax bill by trading Payne’s $6.5MM salary and also acquired a trade exception of the same value.

We have more from the Pacific Division:

Due to injury and other factors, Kevin Durant hasn’t played in Golden State since he left the Warriors and signed with the Nets in 2019. As long as he’s not injured coming out of training camp, Durant will finally make his return to the Warriors’ home floor when the Suns open their regular season there on Oct. 24, according to Rankin.
The Kings signed Neemias Queta to a two-year, $4.2MM contract, according to Michael Scotto of Hoops Hype (Twitter link). The first year is partially guaranteed and the second season salary is non-guaranteed. Queta, who played with Sacramento on a two-way contract last season, signed a standard contract earlier this week. According to Ricardo Brito Reis (Twitter link), Queta’s $2,019,706 salary for next season includes a $250K guarantee. It’s guaranteed for $500K if he’s on the Opening Day roster and becomes fully guaranteed on Jan. 10. His 2024/25 salary of $2,196,970 becomes guaranteed for $1,098,485 on July 10 and fully guaranteed on Jan. 10, 2025.
In case you missed it, the Clippers have guaranteed the final year of Tyronn Lue’s contract. Get the details here.

Suns’ James Jones Talks About Rebuilding Roster

July 24th, 2023 at 10:40am CST by Arthur Hill

In an interview with Duane Rankin of The Arizona Republic, Suns president of basketball operations James Jones gives himself an “eight out of 10” for how he was able to construct the team’s roster around its new Big Four. Jones was limited in the moves he could make after trading for Bradley Beal to team with Devin Booker, Kevin Durant and Deandre Ayton, but he found an intriguing mix of veterans and young talent.

Eric Gordon turned down better offers and accepted a veteran’s minimum deal for the chance to win a title. Yuta Watanabe, Chimezie Metu, Drew Eubanks, Keita Bates-Diop and Bol Bol also agreed to sign for the minimum.

“We knew going into it who our four top players were,” Jones said. “The guys who were going to lean on heavily to reach our goals. I think that gave us more clarity and I think it gave the players more clarity around how we would play and how they could fit with our team.

“So when it comes to minimums, I think it’s that label or contract value that people look at, but I look at it more from a perspective of identifying the guys who have the attributes and skills that would complement our group and finding players that believe that this environment will increase their productivity and give them a boost for their careers going forward. This was more forward looking than backwards looking for us and for the players that we targeted.

“I think that clarity allowed us to move quickly and efficiently through the free agency process because we knew exactly who we wanted and we knew exactly who wanted us.”

Jones addresses several other topics in the discussion with Rankin:

On the decisions to re-sign Josh Okogie and trade Cameron Payne to the Spurs:

“Just balancing versatility, and I’m not just talking about from a player skill set and roster construction perspective, but it just gives us options. It gives us options from a roster perspective. It also gives us options going forward. JO is someone who had a tremendous impact on our team last year in a specific role that we think can grow and Cam was someone who had an impact on our team, but he was part of a team that was a different team that played differently. Those two moves allowed us to create balance and gave us some versatility and options to continue to build a more complete team.”

On Bol’s potential after a promising season with Orlando:

“He’s going to get a chance to compete. He fits the profile of the team we’re trying to build. Long, athletic, skilled. Has played some high-level basketball. Has dealt with high expectations and has bounced back from some tough setbacks. The mental grit, the resilience and adaptability that he’s displayed is something that I think will help improve our team and if he can play the way he envisions himself playing, it just gives us another high-level player that we can count on and rely on as we try to march toward a championship.”

On new owner Mat Ishbia’s input during his first offseason with the team:

“He talked about speed, focus and understand what it is we’re trying to accomplish and get after it. Don’t second-guess it, don’t overthink it. Trust your instincts, trust your team and then go out there, find the best options for us and then make those options work. For me, it’s clear focus. He’s given me clear direction that allows me to focus on the things I enjoy the most, which is figuring out how to maximize the environment for our players and coaches and get a win.”

Texas Notes: Spurs, Payne, Kleber, Holmes

July 20th, 2023 at 6:45pm CST by Alex Kirschenbaum

Following the addition of No. 1 draft pick Victor Wembanyama to their roster, the Spurs appear to be taking a long-term approach to their future, writes Mike Finger of The San Antonio Express-News.

Finger observes that president/head coach Gregg Popovich, general manager Brian Wright, and CEO R.C. Buford opted to not sign a top free agent into cap space or use their significant future draft equity to trade for a veteran star, instead hoping to develop their current youth around Wembanyama and make bigger moves in the future.

There’s more out of the Lone Star State:

Newly acquired Spurs point guard Cameron Payne may not be long for San Antonio, writes Jeff McDonald of The San Antonio Express-News. McDonald notes that Payne and other new veteran personnel additions Reggie Bullock and Cedi Osman may eventually be offloaded by the team as it looks to build around Wembanyama.
Mavericks big man Maxi Kleber has opted out of playing for his native Germany in this summer’s FIBA World Cup, Brad Townsend of The Dallas Morning writes. In withdrawing from the competition, Kleber noted that it was “100% clear that I am not unreservedly welcome,” which Townsend considers a direct response to comments made by Team Germany point guard Dennis Schröder. Schröder seemed to take umbrage with Kleber not participating in EuroBasket competition in 2022. “Maxi wasn’t there last year,” Schröder said. “If you didn’t commit — that was actually the message for all of us — then you won’t be there next year either.”
New Mavericks big man Richaun Holmes has resolved the lawsuit he filed against the parent company of the Sacramento Bee, writes Sam Stanton of The Bee. Holmes sued McClatchy Co. and Bee columnist Robin Epley for defamation after an op-ed column from Epley detailed damaging accusations from Holmes’ ex-wife Alexis. “We’re pleased the matter has now been resolved and Mr. Holmes is enthusiastic about a new chapter in his life as a father and basketball player,” his attorney Camille Vasquez said in a statement. According to Stanton, McClatchy and The Bee did not make any payment to Holmes as part of the settlement.

Suns Trade Cameron Payne To Spurs

July 17th, 2023 at 5:03pm CST by Luke Adams

JULY 17: The trade is official, the Suns PR department tweets. The Spurs have also confirmed the deal, announcing in a press release that the pick they acquired from Phoenix is the Pelicans’ 2025 second-rounder. San Antonio surrendered a protected 2024 second-rounder in the swap.

JULY 16: The Suns have agreed to trade point guard Cameron Payne to the Spurs, according to Shams Charania of The Athletic (Twitter link), who reports that San Antonio will also acquire a second-round pick and cash in the deal.

Confirming Charania’s report, Adrian Wojnarowski of ESPN (Twitter link) says Phoenix will receive a future second-round pick in the swap. That selection will be protected, sources tell Duane Rankin of The Arizona Republic (Twitter link).

Payne, whose name had popped up in trade rumors as of late, appeared in 48 games for the Suns last season, averaging 10.3 points, 4.5 assists, and 2.2 rebounds in 20.2 minutes per night, with a shooting line of .415/.368/.766.

Following Phoenix’s trade of Chris Paul earlier in the offseason, Payne had his $6.5MM salary for 2023/24 guaranteed and looked like he’d get a chance to vie for the final spot in the team’s starting lineup, alongside Devin Booker, Kevin Durant, Bradley Beal, and Deandre Ayton.

Instead, the Suns are offloading the veteran guard in order to open up a spot on the roster for Bol Bol, who has agreed to sign a one-year deal with the club. John Gambadoro of Arizona Sports 98.7 (Twitter link) suggests that Payne would’ve been behind Jordan Goodwin on the depth chart, so the team was comfortable moving him.

According to Yossi Gozlan of HoopsHype (via Twitter), the move from Payne to Bol will reduce Phoenix’s projected luxury tax penalty by approximately $18MM and will generate a $6.5MM trade exception for the team. ESPN’s Bobby Marks (Twitter link) estimates that the tax savings will be $26.4MM. Still, it’s a little odd to see the Suns essentially dumping Payne’s contract when it had only been partially guaranteed (for $2MM) until June 29.

The Spurs, who will absorb Payne’s $6.5MM salary into their cap room, will still have a little over $5MM in space available once the trade is official, tweets Gozlan.

It remains to be seen whether San Antonio envisions Payne opening the 2023/24 season with the team — once Tre Jones and Sandro Mamukelashvili officially sign their agreed-upon deals and the Spurs acquire Payne, they’ll have 18 players on standard contracts. They’ll have to reduce that number to 15 ahead of opening night in October.

Scotto’s Latest: Suns, Pacers, Knicks, Wright, Hornets, More

July 15th, 2023 at 2:32pm CST by Rory Maher

The Suns, Pacers and Knicks recently had exploratory trade talks on a deal that would have sent Cameron Payne to New York, T.J. McConnell to Phoenix, and Evan Fournier and draft picks to Indiana, league sources tell Michael Scotto of HoopsHype. Other iterations of the deal included Jordan Nwora, according to Scotto, though it’s unclear where the Pacers forward would have ended up in that framework.

However, the talks on the three-team trade have stalled, Scotto reports. Jake Fischer of Yahoo Sports was first to report the Suns and Pacers discussed a deal involving Payne and McConnell, and suggested the Knicks may have been involved as well.

Here’s more from Scotto’s latest article for HoopsHype:

League sources tell Scotto that the Hornets are on the hunt for a backup point guard after Dennis Smith Jr. signed with the Nets in free agency. As Scotto previously reported, Charlotte had interest in Aaron Holiday, but he wound up signing with the Rockets. According to Scotto, one player on Charlotte’s radar is Wizards guard Delon Wright, who will make $8.2MM next season in the final year of his contract. The Wizards traded for Tyus Jones and Jordan Poole, and Wright was signed by the previous front office regime. The 31-year-old has already seen his name pop up in a few other trade rumors this offseason.
Scotto recently spoke to a handful of second-round picks at Summer League about their goals entering their rookie seasons. Those players are Nuggets guard Jalen Pickett, Celtics forward Jordan Walsh, and Mouhamed Gueye and Seth Lundy of the Hawks. Walsh, the No. 38 pick of the 2023 draft, has high expectations for himself, he told Scotto. “If I get a chance to play with these guys and help the team, I want to be on the All-Defensive First or Second Team or Defensive Player of the Year,” Walsh said. “My goals are defensively oriented and winning a championship, which is No. 1. If I’m able to accomplish any of those things, I’d feel my rookie year went pretty well.”
In case you missed it, we passed along some Raptors rumors and free agent rumors from Scotto as well.

Fischer’s Latest: Blazers, Simmons, Payne, McConnell, Fournier

July 12th, 2023 at 7:14pm CST by Rory Maher

Trail Blazers general manager Joe Cronin didn’t appear to be posturing when he recently commented on the status of Damian Lillard‘s trade request, according to Jake Fischer of Yahoo Sports, who writes that there wasn’t any buzz at Summer League about progress between the Blazers and the Heat on a possible deal.

Based on the way Portland has patiently handled the situation thus far, Fischer believes the process could indeed take months. The Blazers are said to be looking for something in the neighborhood of a Kevin Durant-type return in exchange for Lillard — a couple of very good young players and four first-round picks.

Here’s more from Fischer:

The Nets have been linked as a possible third team trade partner in talks between Portland and Miami (with rumored interest in Tyler Herro), but league sources tell Fischer that Brooklyn hasn’t had any serious talks involving Ben Simmons on that front. As Fischer points out, the Nets are surely aware that Simmons’ value has cratered, but they also seem “genuinely intrigued” by pairing a healthy Simmons with a much different roster in 2023/24 after trading Durant and Kyrie Irving.
The Suns have been involved in trade talks regarding point guard Cameron Payne, with Phoenix targeting Pacers point guard T.J. McConnell, perhaps in a multi-team deal, Fischer reports. Payne recently had his expiring $6.5MM contract fully guaranteed, while McConnell will earn $18MM over the next two seasons, $13.7MM of which is guaranteed.
The Knicks continue to actively explore Evan Fournier trades and are open to multi-team scenarios, sources tell Fischer. Fournier was pulled from New York’s rotation fairly early last season, only appearing in 27 contests and struggling with his shot in limited minutes. The 30-year-old will earn $18.86MM in 2023/24 and has a $19MM team option for ’24/25 that is highly likely to be declined.

Suns Guaranteeing Last Season Of Cameron Payne’s Contract

June 29th, 2023 at 5:02pm CST by Alex Kirschenbaum

The Suns are fully guaranteeing the final season of point guard Cameron Payne‘s contract for 2023/24, sources tell Duane Rankin of The Arizona Republic (Twitter link).

Payne’s deal had been partially guaranteed for $2MM, and now will become fully guaranteed for $6.5MM.

With injury-prone former starter Chris Paul having been offloaded as part of the deal that brought veteran guard Bradley Beal to Phoenix, the club may have an opening at starting point guard. Beal and All-Star guard Devin Booker both could handle the team’s primary play-making duties at the position, but Payne may also be utilized as the official starter while Beal and Booker are used at shooting guard and small forward.

During Beal’s introductory Suns presser today, head coach Frank Vogel said that Payne would be “in the mix” for a starting role, depending on how the rest of the team’s offseason roster building played out, Rankin tweets.

The 6’1″ vet, inked his current three-year, $19MM deal with the Suns in 2021, after reviving his career as a productive 2020/21 as Paul’s backup on an NBA Finals-bound club.

Last season, the 28-year-old averaged 10.3 PPG, 4.5 APG, 2.2 RPG, and 0.7 SPG in his 48 healthy games with Phoenix last year. He posted that scoring number on a slash line of .415/.368/.766. Injuries to his foot and lower back limited his availability for the club, both during the regular season and playoffs.

Suns Notes: Beal, Paul, Ayton, Draft Picks

June 19th, 2023 at 10:03am CST by Arthur Hill

The Suns realized the NBA’s new second tax apron was already going to be an issue for them, so they decided not to let it stand in the way of pursuing Bradley Beal when the Wizards made him available, writes Brian Windhorst of ESPN (subscription required). Phoenix reached an agreement on Sunday to trade for Beal, adding the $208MM he’s owed over the next four years to an already expensive roster.

Suns management had been considering cost-cutting moves, according to Windhorst, including a recent meeting with Chris Paul to discuss the possibility of waiving him and saving half the cost of his $30.8MM salary for next season. They decided to reverse course when the opportunity with Beal arose and will likely guarantee Paul’s entire salary before sending him to Washington, sources tell Windhorst.

New owner Mat Ishbia appears to be committed to the super-team philosophy despite a new Collective Bargaining Agreement that was designed to impose heavy sanctions against free-spending teams. The trades for Beal and Kevin Durant have created a significant jump in salary since Ishbia took over the team in February.

The Suns’ spending spree is likely to continue, according to Windhorst, who says they will try to re-sign free agents Torrey Craig, Josh Okogie, Damion Lee, Jock Landale, Bismack Biyombo and Terrence Ross. Windhorst also expects Phoenix to retain Cameron Payne, who only has a $2MM guarantee on his $6.5MM salary for next season through June 29, and the Suns may add to their roster with a $5MM trade exception that doesn’t expire until February.

There’s more from Phoenix:

Paul was flying to New York for an appearance on “Good Morning America” when he learned about the trade, tweets Chris Haynes of Bleacher Report. “In this league, anything can happen, so you just figure out what’s next,” said Paul, who was on the morning show to promote his new book.
The Suns could avoid the second apron by trading Deandre Ayton for little to no salary in return, which would give them access to the mid-level exception, according to Yossi Gozlan of HoopsHype. However, he believes it’s more likely that Ayton will be shopped for low-salaried role players, which would help ease the potential tax bill. According to Gozlan, Phoenix is currently looking at a payroll in excess of $190MM, which would result in a luxury tax penalty of about $90MM.
Once the Beal trade is complete, the Suns won’t control any of their first-round picks for the rest of the decade, tweets NBA writer Evan Sidery. The Nets own their selections in 2023, 2025, 2027 and 2029, along with the right to swap picks in 2028. The Wizards are expected to get pick swaps in 2024 and 2026.

Suns Notes: Paul, Payne, Ross, Warren, Irving, Ayton

May 3rd, 2023 at 8:47pm CST by Arthur Hill

Chris Paul didn’t participate in the Suns‘ practice on Wednesday and he’s not expected to play when their series with the Nuggets resumes Friday night in Phoenix, writes Duane Rankin of The Arizona Republic. Although the team is listing Paul as day-to-day with a strained left groin, sources tell Rankin that he’s expected to miss at least a week, which lines up with another report from Tuesday night.

Paul suffered the injury midway through the third quarter of Game 2 while jumping for a defensive rebound. He grabbed at his groin area when he landed and was quickly replaced. Game 4 is Sunday, and it appears Paul’s next realistic chance to play will be next Tuesday in Game 5 if the Suns can extend the series without their veteran leader.

“Gratefully, he didn’t tear it or something like that where he’s done for the season,” coach Monty Williams said. “You always have to look at the bright side of a tough situation. We’re just grateful that it wasn’t worse than we thought.”

There’s more from Phoenix:

Paul’s spot in the starting lineup is likely to go to Cameron Payne, Rankin adds. Payne, who replaced Paul after the Game 2 injury, started a career-high 15 games this season when Paul was unavailable. Payne recently returned from a lower back injury that limited him to four total minutes in the first-round series.
With the team needing more production from its bench, Williams indicated that Terrence Ross and T.J. Warren could have larger roles in Game 3, Rankin adds in another Arizona Republic story. Both players were acquired in February to boost the Suns’ offense, but they’ve seen limited action during the playoffs. “I can do a better job of putting more scorers on the floor and living with whatever warts may come with that just to free those guys up so they don’t have to do it every single time down the floor,” Williams said. “We’ll make those adjustments accordingly.”
Phoenix could try to land Kyrie Irving in a sign-and-trade deal this summer, speculates John Gambadoro of Arizona Sports 98.7 FM (audio link). His reasoning is that Kevin Durant enjoys having Irving as a teammate, even though things didn’t work out as planned in Brooklyn, and Irving faces a limited market in free agency. Gambadoro states that the deal could see Deandre Ayton shipped to the Mavericks, who need to find a reliable center.