Dennis Schröder Rumors | Hoops Rumors

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.

Contract Details: Okogie, Phillips, Schröder, Williams, Stewart, Wagner

July 13th, 2023 at 7:51am CST by Luke Adams

Suns wing Josh Okogie received a Non-Bird deal when he re-signed with the team, according to Bobby Marks of ESPN (Twitter link). Rather than earning the veteran’s minimum, Okogie will make 20% above the minimum on his new two-year contract, which includes a second-year player option. His salary in 2023/24 is $2,815,937, while his ’24/25 player option is worth $2,956,734.

As Marks notes, the Suns have now signed six free agents to two-year contracts with second-year player options — Okogie joins Keita Bates-Diop, Drew Eubanks, Eric Gordon, Damion Lee, and Yuta Watanabe in that group. The other five players received minimum-salary deals.

The offers, which include some security beyond 2023/24, may have helped the Suns land their preferred targets on the free agent market. However, they’ll also increase the club’s total salary and end-of-season luxury tax bill. As we’ve previously outlined, the NBA covers of portion of veteran’s minimum salaries for players who sign for a single season, but not for players who sign multiyear minimum contracts.

For instance, Gordon would have earned a $3,196,448 salary in 2023/24 regardless of whether he signed for one year or two. But because he received a second year, Phoenix will be responsible for paying that full salary (and the accompanying tax penalty based on that full salary). On a one-year deal, the Suns would’ve paid Gordon a reduced amount ($2,019,706), with the league making up the difference.

Here are a few more contract details from around the NBA:

Julian Phillips‘ first NBA contract is a four-year deal, according to Marks (Twitter link), who says the Bulls second-round pick will earn $1.6MM in year one and the minimum in the following three seasons. The deal, which was completed using the NBA’s new second-round pick exception, will include a fourth-year team option but is guaranteed for the first three years. As Marks observes, Phillips will receive the second-most guaranteed money of any 2023 second-rounders who have signed so far, behind only No. 32 pick Jalen Pickett.
Dennis Schröder‘s two-year deal with the Raptors is worth the full mid-level amount, Hoops Rumors has confirmed: $12,405,000 in year one and $13,025,250 in year two. Grant Williams‘ fully guaranteed four-year contract with the Mavericks is also worth the exact amount of the full non-taxpayer mid-level exception ($53,341,500 in total), though Dallas acquired him via sign-and-trade and still has its MLE available.
Isaiah Stewart‘s four-year, $60MM extension with the Pistons and Moritz Wagner‘s two-year, $16MM deal with the Magic each have flat annual cap hits – $15MM each year for Stewart and $8MM each year for Wagner – with team options on the final season. As previously reported, Stewart’s deal also includes $1MM per year in incentives, so it could be worth up to $64MM. Meanwhile, as part of his agreement with Orlando, Wagner waived his right to veto a trade during the 2023/24 season, becoming the third player to do so under the new CBA.

Eastern Notes: Kuzma, Coulibaly, Walker, Schröder

July 12th, 2023 at 10:16pm CST by Rory Maher

With his new four-year, $90MM contract in hand, Wizards forward Kyle Kuzma achieved his rookie goal of earning more than $100MM in his NBA career, he tells Marc J. Spears of Andscape. Kuzma has earned about $34.5MM through six seasons to this point.

The 27-year-old says he’s ready to take on the responsibility he’ll be given after the team traded away Bradley Beal and Kristaps Porzingis, making Kuzma one of the faces of the franchise.

“It’s dope. That’s all I wanted. I’m hyped,” Kuzma said. “It’s just a great feeling. How many people in their lifetime can say they’re the face of the franchise? Someone that can help steer the direction of franchise for years to come. Yeah. It’s a once-in-a-lifetime opportunity. So, I’m just extremely grateful for it.”

Here’s more from the East:

Wizards lottery pick Bilal Coulibaly appears to be uncommonly grounded for an 18-year-old who just became a multimillionaire, which could portend well for his development, per Josh Robbins of The Athletic. “He’s a great kid,” said Summer League coach Landon Tatum. “He listens to anything you say. He’s also a guy that can take the information we give him, especially if he’s wrong, and understand right away that he’s made the mistake. Being an NBA player, it’s all about how quickly you can correct yourself sometimes, not so much the coaches (correcting you), and he’s a guy that does it really well.”
Lonnie Walker spoke on Tuesday about why he chose to sign with the Nets in free agency, writes Brian Lewis of The New York Post. “(I saw) opportunity, understanding this is a very young core group looking to build, looking to grow, and I fit perfectly with the fellas that’s amongst the team as far as Cam (Johnson) and Mikal Bridges,” Walker said. “Off the court we have similar outlooks on life, and on the court we play very well. Our chemistry as far as growth and becoming a very special team is going to be something really nice.” Walker received a one-year deal for the veteran’s minimum, according to Lewis.
Dennis Schröder‘s preexisting relationship with new head coach Darko Rajakovic factored into the veteran guard signing a two-year, $25.4MM deal with the Raptors, according to Doug Smith of The Toronto Star. Schröder also spoke about what he’ll bring to the club. “This year, I wanted a situation where I could handle the ball a little bit more … and I think with my teammates now, the length we have and how we can defend and the style we have is a great situation for me … being a veteran out there, making sure the young guys can be great,” Schröder said. “I have proven over the years I can be a starting point guard. (And) with those young guys who are really talented, Scottie Barnes, (OG) Anunoby and the other guys, I think we can be competitive and that’s what I’m about.”

Raptors Sign Dennis Schröder To Two-Year Contract

July 12th, 2023 at 2:23pm CST by Rory Maher

JULY 12: The Raptors have officially signed Schröder, the team confirmed today in a press release.

“Dennis is fierce, he’s creative, and above all, he’s competitive,” Raptors president Masai Ujiri said in a statement. “We’re excited to welcome Dennis to Toronto, and are looking forward to seeing him on the Scotiabank Arena court.”

JUNE 30: After losing Fred VanVleet to Houston, the Raptors have moved quickly to add a point guard in free agency. Toronto has agreed to sign Dennis Schröder to a two-year, $26MM contract, agent Mark Bartelstein tells ESPN’s Adrian Wojnarowski (Twitter link).

The terms suggest that the Raptors will be signing Schröder using their full non-taxpayer mid-level exception, which would be worth about $25.4MM over two years. The deal is fully guaranteed, per Michael Grange of Sportsnet.ca (Twitter link).

As Yossi Gozlan of HoopsHype tweets, the Raptors are about $10MM below the luxury tax line after the signing, with 14 players on standard deals. Toronto could choose to waive Thaddeus Young‘s partially guaranteed contract (it’s only guaranteed for $1MM but has a total value of $8MM — the guarantee deadline is today) to create more flexibility, but they’ll still have the bi-annual exception to work with, Gozlan notes.

Schröder brings plenty of experience to table, having just completed his 10th NBA season. The veteran guard is still only 29 years old, however, and won’t turn 30 until September.

The 17th pick of the 2013 draft out of Germany, Schröder spent his first five seasons with the Hawks. He’s bounced around quite a bit since then, playing for the Thunder, Lakers (twice), Celtics and Rockets over the past five seasons.

While Schröder isn’t a great outside shooter (33.7% from three career), he’s solid from mid-range, has a nice teardrop floater, can draw fouls, and is a good pick-and-roll ball-handler. He also played excellent on-ball defense with the Lakers in 2022/23, playing an important role during the club’s run to the Western Conference Finals.

Still one of the quickest players in the league, Schröder averaged 12.6 PPG, 4.5 APG and 2.5 RPG on .415/.329/.857 shooting in 66 games (30.1 MPG). Those numbers don’t tell the whole story, as the Lakers were much better when he was on the court in both the regular season and the postseason.

Schröder was playing on a minimum-salary deal last season, so he got a nice raise for his solid second stint with Los Angeles.

Raptors Notes: VanVleet, Schroder, Anunoby, Coaching Staff

July 1st, 2023 at 10:20pm CST by Arthur Hill

The Raptors and Rockets both increased their offers to Fred VanVleet Friday night before he decided to sign with Houston, according to Michael Grange of Sportsnet.ca.

Toronto had been hesitant to exceed $90MM over three years, with one source describing it to Grange as a “glass ceiling.” Although VanVleet is one of the most accomplished players in franchise history, he has missed 30 combined games due to injury over the last two years and he shot career lows both from the field and from three-point range last season. There were also concerns that going beyond that limit would inhibit the team’s ability to make other moves, such as re-signing center Jakob Poeltl.

The situation changed when rumors of James Harden returning to Houston died down and the Raptors realized that VanVleet had become the Rockets’ number one target. During a meeting with VanVleet shortly after the start of free agency, Raptors officials presented him with an expanded offer that brought it to $120MM for four seasons.

Sources tell Grange that VanVleet next met with the Rockets, who also added a year to their offer, increasing it to three years at nearly $129MM. After nearly three hours of waiting, the Raptors learned that they were losing their starting point guard.

There’s more from Toronto:

Lakers players will miss Dennis Schröder, whom the Raptors quickly signed as VanVleet’s replacement, per Dave McMenamin of ESPN. Austin Reaves called Schroder “one of the best teammates I’ve met” and said his commitment to winning over everything else made him stand out.
Before OG Anunoby finalized a change in his representation, he told prospective agents that he wants a situation with more ball-handling and playmaking responsibilities when he signs his next contract, according to Jake Fischer of Yahoo Sports. VanVleet’s departure and the addition of Darko Rajakovic as head coach might provide that opportunity for Anunoby in Toronto, Fischer suggests.
James Wade is the latest addition to Rajakovic’s coaching staff, tweets James Kay of TheNextHoops. Wade had been the general manager and head coach of the WNBA’s Chicago Sky.

Pacific Notes: Lakers, Draymond, Preston, Duarte, Kings

July 1st, 2023 at 10:58am CST by Rory Maher

The Lakers made some roster changes yesterday, agreeing to free agent deals with guard Gabe Vincent and forwards Taurean Prince and Cam Reddish. They’re also signing big man Jaxson Hayes to fortify their frontcourt depth.

Vincent will replace Dennis Schröder, who wound up signing with Toronto after the Raptors lost Fred VanVleet in free agency. That transaction came after the Vincent deal was reported.

Team sources tell Jovan Buha of The Athletic that the Lakers contemplated re-signing Schröder, but believe Vincent is a better player and will provide more value. According to Buha, head coach Darvin Ham was one of the people “strongly in favor” of bringing Schröder back.

Despite waiving Mohamed Bamba before his $10.3MM salary became guaranteed, the center is still interested in returning to Los Angeles, a source tells Buha. However, Buha’s article was released before the team agreed to sign Hayes, and the Lakers still have Wenyen Gabriel and Tristan Thompson as free agents.

Here’s more from the Pacific:

Draymond Green and the Warriors both had negotiating wins for his new four-year, $100MM contract, writes Anthony Slater of The Athletic. As Slater explains, the Warriors got significant tax savings for 2023/24 by Green taking a first-year pay cut compared to his declined player option, while Green got a fourth year tacked on to the end of the deal.
Clippers and guard Jason Preston mutually agreed to push back his salary guarantee date to July 18, a source tells Andrew Greif of The Los Angeles Times (Twitter link). The 33rd pick of the 2021 draft out of Ohio University, Preston missed his entire rookie season after undergoing right foot surgery. Preston only appeared in 14 regular season games for a total of 124 minutes this past season. The 23-year-old spent most of ’22/23 in the G League with the team’s G League affiliate. His salary will remain non-guaranteed for now.
The Kings and Pacers were reportedly nearing an agreement Friday morning on a trade that would send wing Chris Duarte to Sacramento in exchange for draft compensation. However, as of Friday night, the two teams had yet to agree to terms, a league source tells Jason Anderson of The Sacramento Bee.

Western FA Rumors: D-Lo, Lakers, H. Jones, Suns, Warriors

June 30th, 2023 at 2:27pm CST by Luke Adams

There are “strong” indications that the Lakers are trending toward a new two-year deal with free agent point guard D’Angelo Russell, reports Jake Fischer of Yahoo Sports. According to Fischer, that two-year contract could be worth in the neighborhood of $40MM in total, though the second season may be a team option or non-guaranteed.

While the Lakers have interest in re-signing both Dennis Schröder and Lonnie Walker, it’s unclear which one the club is prioritizing, Fischer writes. Schröder will likely require a raise that exceeds the Non-Bird exception, so if Los Angeles uses its mid-level exception on an outside free agent, the team may have to allot its bi-annual exception to him, Fischer explains. In that scenario, it’s unclear whether the team would have enough room to re-sign Walker to a market-value deal as well while remaining below a hard cap.

Another potential path would see L.A. splits its mid-level between Schröder and a frontcourt player such as Mason Plumlee, sources tell Yahoo Sports. If Schröder doesn’t end up back with the Lakers, a reunion with Bulls coach Billy Donovan in Chicago is possible, Fischer writes. Donovan previously coached the point guard in Oklahoma City.

Finally, Fischer is one of a handful of reporters who have linked free agent forward Cam Reddish to Los Angeles. The Lakers were said to have some trade interest in Reddish – a Klutch Sports client – during each of the past two seasons. He’d be a minimum-salary target, Fischer notes.

Here are a few more free agency rumors from around the Western Conference:

Two forwards who had their team options declined by the Pelicans on Thursday figure to take very different paths this summer. According to Fischer, Herbert Jones will likely end up back in New Orleans on a four-year deal worth a little more than $50MM, which would presumably be his Early Bird maximum. Willy Hernangomez, on the other hand, is considered a good bet to accept a lucrative offer from a EuroLeague team rather than seeking another minimum-salary NBA deal, Fischer reports.
The Suns intend to bring back several of their own free agents, including Torrey Craig, Damion Lee, Jock Landale, and Josh Okogie, according to Fischer, who says agent big man Drew Eubanks is another strong candidate to end up in Phoenix. Fischer is also the latest reporter to link Yuta Watanabe and Mike James to the Suns.
The Lakers and Warriors are among the teams eyeing free agent guard Shake Milton, per Fischer. Free agent forward Dario Saric has also received “strong” interest from Golden State, sources tell Yahoo Sports.

Stein’s Latest: Mavs, D. Powell, VanVleet, Schröder, D. Hall

June 30th, 2023 at 11:00am CST by Luke Adams

The Mavericks “fully intend” to re-sign center Dwight Powell in free agency, Marc Stein reports in his latest rumor round-up at Substack. According to Stein, the Cavaliers and Rockets are also expected to show interest in Powell once he hits the open market, but the Mavs value him both on and off the court and are confident about their chances to retain him.

With Powell, Richaun Holmes, and lottery pick Dereck Lively II expected to be in the mix at center in Dallas, it didn’t make sense for Andre Drummond to turn down his player option with the Bulls in the hopes of signing with the Mavericks, Stein explains, following up on a previous rumor. If the Mavs had been able to trade Holmes, it might’ve been a different story, but Drummond opted for the guaranteed money and a clearer path to rotation minutes in Chicago.

Here’s more from Stein:

Fred VanVleet‘s current plan is to meet with both the Raptors and Rockets in person in Los Angeles when free agency opens on Friday, Stein tweets, reiterating in today’s article that Houston looks like a serious threat to sign the point guard away from Toronto.
The Lakers are “eager” to bring back point guard Dennis Schröder and would like to give him a raise, but will have a limited ability to do so with his Non-Bird rights. Echoing ESPN’s Dave McMenamin, Stein says there’s a scenario in which Los Angeles commits a portion of its mid-level exception to Schröder and uses the rest on another player.
Former NBA big man Donta Hall, who is in the midst of a multiyear contract with AS Monaco in Europe, has an NBA opt-out in his deal and is attracting some interest from teams stateside, according to Stein, who names the Grizzlies and Trail Blazers as a couple of the clubs eyeing Hall.
One Western Conference front office executive was surprised by how many potential free agents exercised their player options. “I’ve never seen this many good players opt in,” the executive told Stein.

Scotto’s Latest: DiVincenzo, VanVleet, Poeltl, Lakers, Niang, Gallinari, More

June 29th, 2023 at 8:10pm CST by Luke Adams

Donte DiVincenzo is expected to be a popular target on the free agent market, according to Michael Scotto of HoopsHype, who identifies the Knicks, Timberwolves, Pistons, Pelicans, Rockets, Magic, and Bulls as teams that have interest in the veteran swingman. After settling for a $4.5MM salary in his last foray into free agency a year ago, DiVincenzo could get offers in the neighborhood of the full non-taxpayer mid-level exception ($12.4MM) this time around, says Scotto.

Here are a few more highlights from Scotto’s latest round-up of news and rumors from around the NBA:

The Raptors are hoping to re-sign Fred VanVleet on a three-year deal in the range of $90-100MM, says Scotto. The team is also looking to bring back center Jakob Poeltl, but may face serious competition from the Rockets on both players. Although Brook Lopez has been considered Houston’s primary target at center, there’s a belief that Lopez would prefer to return to the Bucks as long as their offer is in the same ballpark as Houston’s, Scotto explains. That could prompt Houston to pivot to Poeltl, who is also expected to receive from the Spurs, as previously reported.
While the Lakers would like to re-sign Dennis Schröder, they’re keeping an eye on several other free agent point guards, including Shake Milton, Cory Joseph, and Jevon Carter, says Scotto. In addition to the Bucks and Lakers, Carter is expected to receive interest from the Timberwolves and Suns, among others, Scotto adds.
Scotto is the second reporter to link Georges Niang to the Cavaliers today, noting that Cleveland offered a pair of second-round picks for him at the trade deadline. The Sixers, Bulls, and Spurs are a few of the other clubs expected to express interest in Niang, league sources tell HoopsHype.
Despite a report indicating that the Wizards are likely to buy out Danilo Gallinari, the two sides haven’t had any discussions about that possibility yet, per Scotto, who writes that the veteran forward is comfortable with the idea of opening the season in D.C.
According to Scotto, former NBA wing Glenn Robinson III is attempting a comeback, having signed with agent Keith Kreiter and scheduled workouts with a handful of NBA teams in Las Vegas last month. A career 37.3% three-point shooter, Robinson has been out of the league for the last two seasons.
Vin Bhavnani and Mike Batiste are expected to join the Raptors as assistants on Darko Rajakovic‘s new coaching staff, Scotto reports. Bhavnani is a former Thunder assistant, while Batiste was on Stephen Silas‘ staff in Houston last season.

Free Agent Rumors: Brown, Mavs, Lakers, Gordon, Yurtseven, Kuzma, Barnes

June 29th, 2023 at 6:30pm CST by Alex Kirschenbaum

Unrestricted free agent Nuggets forward Bruce Brown plans to meet with the Mavericks at the start of free agency on Friday, reports Tim MacMahon of ESPN (Twitter link).

Many teams appear primed to pursue Brown, according to MacMahon (Twitter link), who anticipates his market to be around the $12.4MM non-taxpayer mid-level exception, if not higher. The Lakers are one suitor said to be confident about their chances. MacMahon adds that Brown may be open to taking a discount to return to the champs, who only have his Non-Bird rights available, which would cap them at a $7.8MM offer for next season.

The 6’4″ vet proved invaluable as a versatile, defense-first sixth man during Denver’s 16-4 run to the title this spring. Across 20 playoff games off the bench, he averaged 12.0 PPG, 4.0 RPG, 1.9 APG, 1.1 SPG and 0.5 BPG.

Here are more of the latest free agent rumors from around the league:

After opting not to retain shooting guard Malik Beasley and center Mohamed Bamba, the Lakers now project to remain well below the $172MM tax apron for 2023/24, which will enable them to use the full $12.4MM non-taxpayer mid-level exception, writes Dave McMenamin of ESPN, suggesting that Brown and Brook Lopez will be among Los Angeles’ targets. According to McMenamin (via Twitter), the Lakers may also consider adding more than one player with its mid-level exception money. In that scenario, point guard Dennis Schröder and shooting guard Eric Gordon could be targets, sources tell McMemamin.
Gordon is looking to land with a contender that will have a defined rotation gig for his services, per Kelly Iko of The Athletic. Beyond the Lakers, sources tell The Athletic that the Grizzlies, Timberwolves, Bucks, Suns, and Trail Blazers have some interest.
After declining to tender a qualifying offer to center Omer Yurtseven, the Heat don’t appear to be focused on trying to re-sign him to a minimum-salary deal, according to Barry Jackson of The Miami Herald (Twitter link). “We’re grateful we got a chance to be there,” agent Keith Glass said, per Jackson. “We’ll try to find a place that values him and helps him reach his potential.”
Free agent power forward Kyle Kuzma appears more likely to end up with the Rockets than the Kings, but Sacramento shouldn’t be ruled out entirely as a Kuzma landing spot, per James Ham of Kings Beat. Sources inform Ham that the Kings’ own incumbent free agent starting power forward, Harrison Barnes, is hoping to earn a deal that pays him $20MM annually.