Chris Paul Rumors | Hoops Rumors

Warriors Waive Chris Paul

June 30th, 2024 at 5:25pm CST by Dana Gauruder

5:25pm: The Warriors have officially waived Paul, the team confirmed (via Twitter).

4:45pm: The Warriors are waiving point guard Chris Paul, Chris Haynes of TNT and Bleacher Report tweets. Paul will now become an unrestricted free agent once he clears waivers.

Golden State had to make a decision today whether to guarantee Paul’s $30MM salary for the 2024/25 season. Both the Warriors and Paul agreed to push back the guarantee date from Friday to Sunday.

The Warriors had attempted to include Paul’s contract in a blockbuster deal, including a potential swap with the Clippers for Paul George. However, they were unable to pull anything off.

Paul, who turned 39 in May, remained productive in 2023/24, averaging 9.2 points, 6.8 assists, and 3.9 rebounds in 26.4 minutes per game in 58 appearances (18 starts) for the Warriors. He posted a shooting line of .441/.371/.827.

The rule prohibiting tax-apron teams from signing a waived player whose previous salary was higher than the full mid-level exception only applies if the player is cut during the regular season. Thus, Paul is free to sign with anyone.

The Suns, who can only offer veteran’s minimum contracts, could be an option for Paul, though John Gambadoro of Arizona Sports 98.7 (Twitter link) dismissed that possibility. The Clippers have also been mentioned as a potential landing spot.

Another intriguing possibility is the Spurs, according to Marc Stein (Twitter link), who says San Antonio has “strong” interest. The 12-time All-Star could be a natural, if short-term, pick-and-roll partner for Victor Wembanyama. There will undoubtedly be other suitors for the future Hall of Famer.

The Warriors, meanwhile, are in the unusual position of being under the tax aprons by shedding Paul’s contract. They currently have $147.2MM in salary commitments among 12 players, nearly $31MM under the first tax apron, ESPN’s Bobby Marks tweets. That puts them in position to potentially use the full mid-level exception and/or bi-annual exception. Klay Thompson and Dario Saric are now free agents.

FA Rumors: KCP, Pacers, Mid-Level Usage, Suns, Gillespie, Bullock

June 30th, 2024 at 1:53pm CST by Luke Adams

While teams with cap room have been mentioned most frequently as the top suitors for Kentavious Caldwell-Pope, Mike Singer of The Denver Post (Twitter link) has continually heard the Pacers mentioned as a team to watch for the veteran swingman.

A previous report suggested that a cap-room club like the Sixers or Magic could make an oversized short-term offer (e.g. two years, $50MM) for Caldwell-Pope, but Singer says he’s heard KCP would prefer a longer-term deal.

As John Hollinger of The Athletic writes, if the Nuggets are willing to negotiate a sign-and-trade deal, a package along the lines of Aaron Nesmith and Jarace Walker might work financially, based on Caldwell-Pope’s projected salary range. However, a sign-and-trade involving Caldwell-Pope would hard-cap the Pacers at the first tax apron and the Nuggets at the second apron, so some financial creativity could be required, especially on Denver’s end.

Here are a few more free agency rumors and notes from around the NBA:

Within his latest round-up of rumors, Jake Fischer of Yahoo Sports says not many teams around the NBA are expected to use the full mid-level exception to sign a player, since it can now be used as a de facto trade exception, so there’s some value in retaining a portion of it. Of course, even last season, before the mid-level could be used to accommodate trades, only one team used the entire amount on a single player (Toronto on Dennis Schröder).
The Suns have been linked to a ton of potential minimum-salary point guards, according to Fischer, who names Kyle Lowry and Monte Morris as two of the players viewed as possible targets for Phoenix. There has even been some chatter about the possibility of a reunion with Chris Paul if he’s waived by Golden State, Fischer adds.
After being made an unrestricted free agent by Denver, guard Collin Gillespie is expected to receive interest from the Hawks, Hornets, Suns, and Timberwolves, sources tell Fischer. Gillespie may have to accept a two-way contract and compete for a standard roster spot, Fischer adds. Darren Wolfson of 5 Eyewitness News and SKOR North (Twitter link) confirms Minnesota’s interest in Gillespie but says the team doesn’t seem likely to land him.
Veteran wing Reggie Bullock is unlikely to re-sign with the Rockets, sources tell Kelly Iko of The Athletic (Twitter link). According to Iko, multiple teams have interest in Bullock, who figures to be a minimum-salary target.

Fischer’s Latest: Clippers, George, Warriors, Mavs, KCP, Klay, Nuggets, More

June 30th, 2024 at 12:53pm CST by Luke Adams

As they navigate the challenges of the second tax apron for 2024/25 and beyond, the Clippers have been adamant to this point that they don’t want to complete a contract longer than three years for any players, reports Jake Fischer of Yahoo Sports. Barring a change of heart, that means Los Angeles will be unwilling to go higher than three years for its own star free agents, Paul George and James Harden.

While Harden seems likely to end up on a new three-year agreement with the Clippers, per Fischer, that three-year limit has been a point of contention in negotiations with George. Both the Sixers and Magic – who are set to meet with George late on Sunday night – are willing to offer the star forward a four-year, maximum-salary contract, Fischer confirms.

Outside of the Clippers, Sixers, and Magic, there’s another team “lingering on the periphery” of the George situation, according to Fischer, who says the Jazz‘s “dreamiest plot” for the offseason would be to use their trade assets to acquire an impact player on the trade market (they pursued Mikal Bridges before Brooklyn agreed to send him to New York) and to use their cap room to land George. However, as Fischer acknowledges, it’s extremely unlikely that George will decide to sign in Utah.

Here’s more from Fischer’s latest rumor round-up, with the official start of free agency just hours away:

The trade options the Warriors have considered – using Chris Paul and/or Andrew Wiggins as outgoing pieces – range from giving up draft picks in a deal for Pelicans forward Brandon Ingram to acquiring a pick along with Bulls guard Zach LaVine, sources tell Fischer. If they don’t find a trade they like and lose Klay Thompson via free agency, the Warriors will have the full mid-level exception available. They’re considering possible targets using that MLE, says Fischer.
The Mavericks likely would have attempted to make a trade with the Nuggets to acquire Kentavious Caldwell-Pope if he had picked up his $15.4MM player option, Fischer reports. Now that Caldwell-Pope has opted for free agency, Thompson appears to be the free agent wing most likely to end up in Dallas, according to Fischer, who says Thompson also continues to be one of the Sixers‘ secondary targets if they miss out on George.
As for Caldwell-Pope, the Nuggets are preparing to lose him, with the Sixers and Magic both holding “strong” interest in the veteran swingman, per Fischer. A deal with one of those cap-room teams in the range of $50MM over two years could be a possibility for KCP, Fischer adds.
Having traded away Reggie Jackson, the Nuggets are in the market for a backup point guard. Sources tell Fischer that Russell Westbrook would have been a target using the taxpayer mid-level exception if he had opted out of his contract with the Clippers. Fischer also mentioned Hornets guard Vasilije Micic as a Denver target, noting that Zeke Nnaji – who is on the trade block – could be sent out in a deal for Micic.
The Nuggets have also long had interest in big man Dario Saric, who could be a target in free agency, Fischer says.
While it won’t be one of their top short-term priorities as free agency begins, the Clippers are expected to eventually work out an extension with center Ivica Zubac, sources tell Yahoo Sports.

Warriors Believed They Were Close To Trading For Paul George

June 30th, 2024 at 10:47am CST by Arthur Hill

The Warriors believed several times on Saturday that they were close to a deal to acquire Paul George from the Clippers, sources tell Tim Kawakami of The Athletic.

Kawakami hears that the teams were involved in “very serious negotiations” right up until the Saturday afternoon deadline for George to decide on his $48.8MM player option for next season. George ultimately declined the option, putting him out of the reach of Golden State, which doesn’t have any cap space to pursue him in free agency.

The Warriors had committed to giving George a four-year maximum-salary contract (ie. a three-year extension on top of his option year) if the deal had gone through, Kawakami adds. That was the main holdup with L.A., which has been unwilling to go beyond three total years in its talks with the 34-year-old forward.

There were several versions of a trade that the Clippers seemed willing to accept, Kawakami states, and Stephen Curry and Draymond Green both endorsed the idea of adding George.

George also provided “strong indications” that he wanted to be traded to the Warriors, according to Kawakami’s sources, but L.A. never gave final approval to the deal and George opted for free agency.

According to Kawakami, Andrew Wiggins, Chris Paul, Jonathan Kuminga, Moses Moody, and a first-round pick were among the Warriors’ potential outgoing trade chips that came up in discussions. If the two sides had agreed to a deal, it would have included some – but not all – of those pieces.

It’s a potentially devastating outcome for Golden State because George would have been an ideal replacement for Klay Thompson, who appears likely to be headed elsewhere. Even though Thompson can’t start talking to rival teams for a few more hours, an NBA source tells Kawakami that he has already said goodbye to several high-ranking members of the front office.

FA Rumors: Lakers, LeBron, Harden, Klay, George, Magic, DeRozan, More

June 30th, 2024 at 7:31am CST by Luke Adams

Having confirmed on Saturday that LeBron James would be open to accepting less than the maximum salary in certain scenarios, agent Rich Paul tells Dave McMenamin of ESPN that the idea would be for the Lakers to add an “impact player” using that extra flexibility.

James Harden, Klay Thompson, and Jonas Valanciunas are a few of the “impact” players who might fit that criteria, sources tell McMenamin. While it might be difficult to convince Harden or Thompson to settle for the mid-level (worth approximately $12.9MM), a sign-and-trade could also be a possibility to land that sort of player. Acquiring a player via sign-and-trade would hard-cap the Lakers at the first tax apron for 2024/25, but so would using more than the taxpayer portion ($5.2MM) of the mid-level exception.

If the Lakers aren’t able to add a player of that caliber, the plan would be for James to seek a max deal to return to the Lakers, Paul tells McMenamin. If LeBron does accept a pay cut, the most likely scenario would see him accept a two-year deal with a 2025/26 player option so that he’d have the ability to negotiate a raise a year from now, sources tell Jovan Buha of The Athletic.

Elsewhere on the Lakers front, after tendering a qualifying offer to Max Christie to make him a restricted free agent, the team would like to retain the 21-year-old guard, envisioning him as a rotation player next season, sources tell Buha. However, if L.A. hard-caps itself by adding an impact player via sign-and-trade or the MLE, fitting a new deal for Christie under the first apron could be a challenge.

Here are a few more rumors from around the NBA ahead of the official start of free agency on Sunday evening:

Adrian Wojnarowski of ESPN referred to the Sixers this morning on SportsCenter as a “legitimate threat” to sign Paul George away from the Clippers (hat tip to Adam Zagoria of NJ.com), while Marc Stein writes in his latest Substack story that Philadelphia has a “significant measure of renewed hope” in its ability to land the star forward.
Although the Magic are one of three teams to secure a meeting with George, the free agents connected most frequently to Orlando by league insiders are Knicks center Isaiah Hartenstein and Nuggets wing Kentavious Caldwell-Pope, per Stein.
There’s a belief that DeMar DeRozan may wait to see what happens with George’s free agency before making a decision, according to Stein, since he’d have a better feel for his options outside the Bulls at that point. Multiple reports this offseason have suggested the Clippers could be a suitor for DeRozan (likely via sign-and-trade) if they lose George.
While the Lakers have emerged as a legitimate option for Klay Thompson, the Mavericks have made the veteran sharpshooter their top free agent priority, even ahead of starting small forward Derrick Jones, says Stein. Dallas hasn’t ruled out the possibility of signing both players – that would require a sign-and-trade for Thompson and an MLE deal for Jones – which would be the team’s true “Plan A,” Stein writes, adding that Naji Marshall continues to be mentioned as a likely Mavs target if they lose Jones.
The Clippers and Spurs are among the teams expected to have interest in Chris Paul if the veteran point guard ends up being waived by Golden State and becoming a free agent, reports Stein.

Warriors, Paul Agree To Push Guarantee Date Back To Sunday

June 28th, 2024 at 12:20pm CST by Luke Adams

The Warriors and Chris Paul have agreed to push back his salary guarantee deadline from Friday to Sunday, according to ESPN’s Adrian Wojnarowski (Twitter link).

Paul’s $30MM salary for 2024/25 will now become fully guaranteed if he remains under contract through June 30 rather than June 28. The move will give Golden State a couple more days to continue exploring trades involving Paul’s expiring contract.

Paul, who turned 39 in May, remained productive in 2023/24, averaging 9.2 points, 6.8 assists, and 3.9 rebounds in 26.4 minutes per game in 58 appearances (18 starts) for the Warriors. He posted a shooting line of .441/.371/.827.

While those are solid numbers for a backup point guard, they don’t warrant a $30MM investment. Still, rather than simply waiving the 12-time All-Star, the Warriors have been scouring the trade market to see if they can use his expiring salary to accommodate a trade.

The NBA’s salary-matching rules only count the guaranteed portion of a player’s cap hit for outgoing purposes in a trade (his incoming value for a trade partner would be his full $30MM), so in order to use CP3 as a trade chip, Golden State will have to partially or fully guaranteed the contract. That scenario would benefit Paul, who wouldn’t make any of that $30MM otherwise if he’s waived, so he has some incentive to lend the Warriors a hand by giving them more time to find a deal.

Paul George is one possible trade candidate who has been linked to the Warriors this week, with Marc Stein reporting on Substack that Golden State has been “prioritizing the pursuit of George above all other business.” The Clippers forward would have to pick up his 2024/25 player option and request a trade for that to be a feasible possibility.

What happens with Paul could have an impact on the Warriors’ negotiations with Klay Thompson. The team will be hard-capped at the second tax apron in 2024/25 after agreeing to send out cash in a trade on Thursday, so there may not be room under that apron to acquire another player with a significant salary and then re-sign Thompson.

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.

Trade Rumors: Rockets, Smart, George, Warriors, Nets, More

June 25th, 2024 at 8:27am CST by Luke Adams

The Rockets are a team worth keeping a close eye on this week, according to Marc Stein, who writes in his latest Substack report that the possibility of a trade that sees the No. 3 overall pick sent to the Grizzlies in a package for the No. 9 pick and Marcus Smart has been “mentioned with increasing regularity by various league insiders.” Memphis has been identified as one of the teams that has interest in UConn center Donovan Clingan, and moving up to No. 3 would likely put the Grizzlies in position to draft him.

Of course, if possible, the Rockets would like to use that third overall pick in a deal for a bigger star, so Stein suggests that Jimmy Butler, Brandon Ingram, and Paul George are a few of the possible targets to watch.

Discussing George’s situation, Stein cites a “growing feeling” around the league that the Clippers forward may end up picking up his player option for 2024/25 and forcing a trade, since Los Angeles still seems unwilling to offer him a contract that’s longer or richer than the one Kawhi Leonard signed in January (three years, $152MM). The Knicks have been mentioned as a possible trade suitor for George, and Stein says it’s probably safe to add the Warriors to that list too.

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

During a pre-draft press conference on Monday, Warriors general manager Mike Dunleavy Jr. expressed a reluctance to move any of the team’s young players – Jonathan Kuminga, Moses Moody, Brandin Podziemski, or Trayce Jackson-Davis – in a trade, per Tim Kawakami of The Athletic. “We really value those guys,” Dunleavy said. “We’ve drafted them. We’ve grown them. They have played really well. We are excited about them. A scenario to move them would take a lot. It’s important for us to be good now and then be good also in the future.” Of course, to acquire a star player like George, Golden State would almost certainly have to surrender at least one player from that group.
As Kendra Andrews of ESPN relays, Dunleavy also briefly addressed Chris Paul‘s situation on Monday, suggesting that the Warriors continue to consider a handful of options, including possibly trading the point guard or waiving him before his $30MM salary for 2024/25 becomes guaranteed on Friday. “We’re looking through everything,” Dunleavy said. “A lot of options are still on the table in terms of keeping Chris. Obviously there’s a scenario where he gets waived … but I’d say everything is open.”
The Nets have conveyed optimism as of late about their ability to trade into the 2024 NBA draft, sources tell Ian Begley of SNY.tv. Brooklyn is currently the only team in the league without a pick in either round of this year’s draft, but has reportedly been exploring ways to acquire one.
Donovan Mitchell was long viewed as a possible trade candidate leading up to this offseason, but there’s still zero indication that he’ll be made available. According to Shams Charania of Stadium (Twitter video link), there continues to be plenty of optimism within the Cavaliers‘ organization that Mitchell – who had input on the team’s head coaching search – will sign an extension this summer. Charania suggests such a deal could be worth nearly $209MM over four years, though if Mitchell wants to put himself in position to get the higher maximum salary (35% of the cap instead of 30%) as soon as he gains 10 years of NBA service, he may opt for a shorter-term extension.

Stein’s Latest: Caldwell-Pope, Sixers, Westbrook, Paul, Clippers, Lakers

June 23rd, 2024 at 4:32pm CST by Alex Kirschenbaum

Current Nuggets shooting guard Kentavious Caldwell-Pope will be among the top potential free agents this summer if he declines his $15.4MM player option for 2024/25. A three-and-D swingman still in his prime at age 31, Caldwell-Pope has been a starter on a pair of title teams this decade, with the 2020 Lakers and the 2023 Nuggets.

A pair of Eastern Conference contenders with major projected cap space have interest in the 6’5″ wing, according to Marc Stein (Substack link), who hears from sources that the Magic and Sixers are considering pursuing Caldwell-Pope.

Across 76 contests last season, the former Georgia standout averaged 10.1 points on .460/.406/.894 shooting splits, along with 2.4 rebounds, 2.4 assists, 1.3 steals and 0.6 blocks a night.

Here’s more from Stein’s most recent NBA intel:

Should the Sixers be unable to add a top potential free agent like Paul George, OG Anunoby or Caldwell-Pope, Stein notes that Philadelphia could opt to trade for Pelicans forward Brandon Ingram or Heat wing Jimmy Butler, the latter a former Sixer. Bulls forward DeMar DeRozan, who could reach free agency should he not agree to an extension by June 30, is also an option, Stein adds.
Former MVP Russell Westbrook, now a bench guard for the Clippers, has a $4MM player option for 2024/25, but that may not stop L.A. from considering an upgrade at the position. The team has been linked to veterans Chris Paul and Kyle Lowry, both of whom are significantly better shooters and also more comfortable playing off the ball.
Stein hears that Paul would also draw interest from the Lakers if he reaches free agency, though the team’s interest in him may not be unanimous within the organization.
As far as the league’s two head coaching vacancies go, Stein reports that the Cavaliers are expected to make a decision soon, while the Pistons may wait until at least July to select their Monty Williams replacement. That would take Detroit through the draft this week and the start of free agency next weekend without a head coach.

Warriors Rumors: Thompson, Paul, Trade Market, Looney

June 22nd, 2024 at 1:05pm CST by Luke Adams

Contract talks between the Warriors and Klay Thompson are “essentially frozen,” according to Anthony Slater of The Athletic, who reports that Thompson’s departure from Golden State feels more plausible than ever.

There’s no offer currently on the table for Thompson, and no productive talks have taken place recently between the Warriors and the veteran’s representatives, Slater writes, explaining that the team has been focused on other offseason issues, including the possibility of finding a trade involving Chris Paul‘s expiring contract.

Paul’s $30MM salary for 2024/25 is non-guaranteed but could be partially or fully guaranteed if Golden State wants to use it as a salary-matching piece. Guaranteeing it for 50%, for example, would allow it to count as $15MM in outgoing salary in a trade. League sources tell The Athletic that there have been discussions with Paul about the possibility of moving his guarantee date from June 28 to July, which could push back potential resolution with Thompson even further.

As Slater observes, if the Warriors are able to acquire an impact, high-salary player in a deal involving Paul, it would affect what they might be willing to offer Thompson, since they’d like to move below the second tax apron this offseason, or perhaps even out of the tax altogether.

Here’s more from Slater:

One factor the Warriors are weighing in their approach to contract talks with Thompson is a belief that his free agent market may not be robust as expected. According to Slater, there has been chatter that teams may prefer shorter-term contracts for veteran free agents this summer, so Golden State may not have to top a big, longer-term bid from a rival suitor. There hasn’t been any traction between the Magic and Thompson, despite some reported mutual interest, sources tell Slater.
Still, even if Thompson’s price comes in lower than anticipated, that doesn’t mean he’ll end up back with the Warriors. It’s “increasingly conceivable” that the five-time All-Star and four-time champion could seek a fresh start elsewhere, per Slater, who cites some “built-up friction” from the past couple seasons.
While Kevon Looney has been viewed as a possible candidate to be released due to the structure of his contract (only $3MM of his $8MM salary is guaranteed), that’s not the Warriors’ plan right now, Slater reports. Looney’s contract will become fully guaranteed if he remains under contract through Monday, and there’s no indication at this point that he’ll be waived before then. However, that doesn’t necessarily mean he’ll remain in Golden State, since his expiring contract could be useful in a trade, Slater adds.
As Slater explains, waiving Looney and replacing him with a minimum-salary center wouldn’t create significant cap or tax savings, and cutting him to try to re-sign him on a minimum deal isn’t an option being seriously considered, since he might get a more lucrative offer from another team in that scenario. According to Slater, the big man is still one of head coach Steve Kerr‘s favorite players and his voice is valued in the locker room.