Kelly Oubre

Hornets Sign Kelly Oubre To Two-Year Deal

AUGUST 7: Oubre and the Hornets have now finalized a two-year, $25MM contract, agent Torrel Harris tells Chris Haynes of Yahoo Sports (Twitter link). Charlotte announced the signing in a press release.

It appears Oubre’s starting salary will come in slightly lower than initially expected after Charlotte took on Wesley Iwundu in a trade with New Orleans.

The deal won’t feature any options, per Michael Scotto of HoopsHype (Twitter link). However, Rod Boone of SI.com (Twitter link) says the second year will be partially guaranteed and Anthony Slater of The Athletic provides the specifics, tweeting that $5MM of Oubre’s $12.6MM salary for 2022/23 will be guaranteed.


AUGUST 5: The Hornets and free agent wing Kelly Oubre are in agreement on a two-year deal that will be worth $26MM+, sources tell Shams Charania of The Athletic (Twitter link).

David Aldridge of The Athletic reported earlier on Thursday that the Hornets and Oubre had engaged in discussions, while Chris Haynes of Yahoo Sports was first to report that the two sides were finalizing a multiyear deal expected to exceed $12MM per year.

Charlotte, one of the only NBA teams that still had the cap room necessary to make an offer worth more than the full mid-level exception ($9.5MM), had also reportedly been mulling an offer sheet for Lauri Markkanen. However, the Hornets’ agreement with Oubre will eat up most – if not all – of their remaining cap room, presumably taking an aggressive bid for the Bulls‘ restricted free agent forward off the table.

Oubre, 25, has spent time with the Wizards, Suns, and Warriors since entering the league as the 15th overall pick in the 2015 draft. In 2020/21, he averaged 15.4 PPG and 6.0 RPG on .439/.316/.695 shooting in 55 games (30.7 MPG) for Golden State.

While Oubre possesses good size and athleticism for a three-and-D wing, his three-point shot has been inconsistent over the course of his career (32.6%).

Charlotte will be hoping to get the 2019/20 version of Oubre, who averaged 18.7 PPG with a .352 3PT% for the Suns. The former Kansas Jayhawk will join a talented group of Hornets forwards that includes Gordon Hayward, Miles Bridges, and P.J. Washington.

Since the Hornets have the ability to sign Oubre outright using their cap room and his new contract will only be for two years, it won’t be a sign-and-trade deal involving the Warriors.

Hornets Waive Caleb Martin

The Hornets have waived shooting guard Caleb Martin, according to a team press release.

Martin had a $1,782,621 salary for next season that was due to guarantee on August 15. By releasing him now, Charlotte won’t carry any dead on its cap for him in 2021/22.

Martin averaged 5.0 PPG, 2.7 RPG and 1.3 APG in 15.4 MPG while seeing action in 53 games. Martin, who went undrafted in 2019, appeared in 71 games the last two seasons.

The move clears some additional cap space for Charlotte to officially sign Kelly Oubre Jr., who agreed to a two-year deal on Friday.

Blazers Notes: Lillard, Free Agency, Roster, McCollum

Asked on Friday in Tokyo about the Trail Blazers‘ moves in free agency, star point guard Damian Lillard suggested that the team missed out on some of its top targets, as Joe Vardon of The Athletic relays.

“You never know where guys are going to end up and why they go there. You just try to have conversations and convince guys to be a part of our team,” Lillard said. “And obviously, this go around, we weren’t able to go out there and just get some of the guys that we would have liked.

“(So) you go down the list and you go through the guys that are out there that you like who haven’t committed to a team or were a part of your plans in free agency and you get the ones that want to be a part of what you’re doing. And I think that’s what we did.”

The Trail Blazers’ free agent additions include Cody Zeller, Tony Snell, and Ben McLemore. According to Jason Quick of The Athletic, the team also had interest in Nicolas Batum, and made an effort to lure Kelly Oubre to Portland with the taxpayer mid-level exception. Oubre ended up elsewhere even though Damian Lillard made a pitch to him at the end of the regular season.

“It wasn’t anything deep other than ‘Would he be open to it?’ and he said he was,” Lillard told Quick. “I liked Oubre as a complement to other guys I thought we would be able to get. We didn’t get them.”

As Quick outlines, the Blazers’ “real” offseason will begin when Lillard finishes his Olympics run and returns to Portland to evaluate the roster and assess his options. There are three roads the rest of the Blazers’ summer could take, in Quick’s view: Portland convinces Lillard that running it back and being patient is the right approach; the team makes a major trade that changes Lillard’s view of the Blazers’ trajectory; or the All-NBA guard asks to be traded.

Here’s more on the Blazers:

  • Quick confirms that the deals Zeller, McLemore, and Snell are signing are all worth the veteran’s minimum. The Blazers still have the taxpayer mid-level exception available, but aren’t aggressively pursuing any players left on the market and will likely hang onto that exception for now, Quick adds.
  • The Blazers have 13 players projected for the regular season roster for now. They plan to enter the season with 14, but they’re keeping that 14th spot open for now to maintain flexibility, according to Quick, who notes that the spot may be useful for a trade in which Portland takes back more players than it sends out.
  • While CJ McCollum is perhaps the most obvious trade candidate on the Blazers’ roster, it doesn’t sound like he’s being actively shopped, says Quick. Quick isn’t sure whether other teams simply don’t value McCollum like the Blazers do, but says the club won’t move him just to shake up the roster — a deal would have to improve the roster. So far, no opportunities fit that bill.

Free Agent Rumors: Iguodala, Oubre, Williams, Smith

A reunion between the Warriors and defensive specialist Andre Iguodala could be in the works. Iguodala has narrowed his choices to his former team along with the Nets and Lakers, Shams Charania of The Athletic tweets. Iguodala, 37, played 63 regular-season games with the Heat this past season and averaged a modest 4.4 PPG in 21.3 MPG, with a majority of his field-goal attempts coming from beyond the arc. Iguodala won three rings in six seasons with the Warriors.

We have more free agent buzz:

  • Free agent forward Kelly Oubre is in discussions with the Hornets, David Aldridge of The Athletic tweets. Oubre averaged 15.4 PPG and 6.0 RPG for Golden State last season but only made 31.6% of his 3-point attempts. The Hornets are also reportedly pondering an offer sheet to Bulls free agent Lauri Markkanen — with approximately $14MM in cap room remaining, they wouldn’t be able to sign both players unless one accepted a very team-friendly rate.
  • Before Lou Williams chose to return to the Hawks, the Lakers, Warriors and Bucks showed interest in the three-time Sixth Man of the Year award, according to Michael Scotto of HoopsHype. Williams opted for a one-year, $5MM agreement with Atlanta.
  • Free agent guard Dennis Smith Jr. won’t return to the Pistons, Marc Berman of the New York Post tweets. That’s no surprise, considering Detroit drafted Cade Cunningham with the No. 1 pick and reached an agreement with Cory Joseph after declining its team option on him.

Free Agency Rumors: Oubre, Mills, Dinwiddie, Carmelo, More

Free agent swingman Kelly Oubre received interest from the Heat after free agency began, but didn’t set a meeting with Miami because he is hoping to net a contract “well above” the mid-level exception, according to Barry Jackson of the Miami Herald (via Twitter).

Now that Miami has committed to using most of its mid-level exception on P.J. Tucker, Oubre is almost certainly off the table for the Heat, even if his asking price drops.

Here are more free agency rumors from around the NBA world:

  • Free agent sharpshooting combo guard Patty Mills has received interest from the Lakers and Nets, per Marc Stein of Substack (via Twitter). Anthony Slater of The Athletic adds (Twitter link) that the Warriors could also pursue Mills and posits that he may fetch a deal that within range of the taxpayer mid-level. Jordan Schultz of ESPN tweets that the Nets are apparently a distant third in the sweepstakes to sign Mills.
  • Jordan Schultz of ESPN reports (Twitter link) that free agent point guard Spencer Dinwiddie appears unlikely to sign with the Mavericks.
  • 37-year-old free agent forward Carmelo Anthony continues to weigh interest from the Lakers and Knicks, according to Marc Stein (Twitter link).
  • Before Alex Caruso finalized his four-year agreement with the Bulls, Caruso’s camp checked back in with the Lakers and was told L.A. wouldn’t be putting a counter-offer on the table, a source with knowledge of the situation tells Sam Amick of The Athletic.
  • Newly re-signed Nuggets reserve power forward JaMychal Green fielded richer offers in free agency than the two-year, $17MM contract he ultimately signed to remain in Denver, according to Mike Singer of the Denver Post. Singer says the Pelicans, Timberwolves, and Spurs were the other teams most interested in Green.

Luke Adams contributed to this report.

Heat Rumors: DeRozan, Oubre, Gay, Ariza, Butler

The Heat, who are reportedly considered the frontrunners to land Kyle Lowry in free agency, may also be eyeing another longtime Raptors guard.

Multiple reporters and outlets, including Marc Stein, Five Reasons Sports, and The Miami Herald (all four Twitter links), have suggested that the Heat are exploring ways to add free agent guard DeMar DeRozan. Miami has pursued DeRozan multiple times over the years, even inquiring on him earlier this season, and the veteran holds the Heat in high regard, tweets Barry Jackson of The Miami Herald.

However, landing DeRozan won’t be easy, since Miami has no clear pathway to acquiring both Lowry and DeRozan via sign-and-trade.

There has been some speculation about the possibility of DeRozan taking a discount to play for the Lakers or Clippers — if he’s open to that idea, it would open the door for the Heat to make a similar path. However, Jake Fischer of Bleacher Report said on The Alex Kennedy Podcast that he’s not sure DeRozan – who earned $27MM this past season – would be willing to settle for the mid-level.

Here’s more on the Heat:

  • The Heat tried to acquire Kelly Oubre at this year’s trade deadline and figure to be interested in him again as a free agent, tweets Barry Jackson of The Miami Herald. However, Jackson views it as an unlikely match, since Oubre will likely want more than mid-level money.
  • Jackson also names Rudy Gay as a free agent forward who will receive interest from the Heat this week (Twitter link). Miami may look to re-sign Trevor Ariza too, Jackson adds.
  • There’s optimism that the Heat and Jimmy Butler will be able to reach an agreement on a contract extension this offseason, writes Anthony Chiang of The Miami Herald. Butler’s maximum extension would be a four-year deal worth up to a projected $181MM.

Free Agent Rumors: Dinwiddie, Schröder, Oubre, Cauley-Stein

The idea of Nets free agent Spencer Dinwiddie replacing Russell Westbrook as the Wizards‘ point guard seems to be gaining momentum.

After multiple reporters mentioned the Dinwiddie-to-D.C. possibility earlier in the week, Bleacher Report’s Jake Fischer writes today that with Chris Paul likely to return to the Suns, Dinwiddie is expected to be the next free agent point guard off the board. A sign-and-trade that sends either Kyle Kuzma or Montrezl Harrell to the Nets and Dinwiddie to the Wizards is a real possibility, Fischer suggests.

Fischer adds that the Nets are continuing to look for ways to move off of DeAndre Jordan‘s contract.

We have more free agency rumors:

  • According to Zach Lowe of ESPN neither the Wizards nor the Kings are interested in a sign-and-trade for Dennis Schröder. That means Buddy Hield may be out as an option for the Lakers, and it will be a challenge to expand the Lakers/Wizards blockbuster any further using Schröder. As Lowe notes, a handful of teams in need of a point guard have ample cap space, so there will be few paths for the Lakers to recoup value for losing Schröder.
  • Kelly Oubre has interest in the Spurs and believes his career could flourish under Gregg Popovich and the team’s renowned development staff, writes Tom Orsborn of The San Antonio Express-News. If the Spurs renounce some of their current free agents, they’d have more than enough space to make a big free agent signing, though it’s unclear whether Oubre would be at the top of their list, especially given his skill-set/positional overlap with Keldon Johnson.
  • The Mavericks are leaning toward picking up the $4.1MM team option on center Willie Cauley-Stein, which would keep him off the free agent market, tweets ESPN’s Tim MacMahon. MacMahon writes that Dallas likes the young rim-running big man, but the decision will ultimately hinge on whether or not an opportunity comes up that requires the team to move on from Cauley-Stein.

Free Agent Notes: McConnell, McDermott, Theis, DeRozan, Oubre

The Pacers are more likely to retain T.J. McConnell than Doug McDermott in free agency in August, according to J. Michael of The Indianapolis Star (subscription required). Michael suggests that Indiana is likely to re-sign McConnell, but will probably lose McDermott due to his “escalating price tag” following a career year.

If the Pacers bring back McConnell, it may affect what the team does with Aaron Holiday. According to Michael, the 24-year-old point guard – who is entering the final year of his rookie contract – has been hoping for a change of scenery since the 2021 trade deadline, so he could emerge as a trade candidate again this offseason.

Here are a few more notes related to free agency:

  • Chatter around the NBA suggests that Daniel Theis will be seeking a “big payday” in free agency, according to K.C. Johnson of NBC Sports Chicago, who suggests the veteran center may not be back with the Bulls.
  • Appearing on the Club Shay Shay podcast (video link), Spurs guard DeMar DeRozan said that his free agency decision will be “all about winning.” Asked by host Shannon Sharpe what that means for his salary expectations, DeRozan admitted he’d like to be well-compensated too, but said he feels more urgency to compete for a title as he enters his age-32 season.
  • Speaking to Michael Scotto of HoopsHype, Kelly Oubre didn’t offer many specific details about his plans for free agency, but hinted that a new deal with the Warriors may not be his top priority. “I want to continue to expand my game, grow and spread my wings. I want to continue to show all the things I’m capable of and not be put in a box,” Oubre said. “I felt like the universe was trying to put me in a box last year.”

Knicks Notes: Ntilikina, Murphy, Oubre, Toppin

Knicks guard Frank Ntilikina looks at the Olympics as a chance to rebuild his reputation after a rough start to his NBA career, writes Marc Berman of The New York Post. The French guard was considered among the best prospects in the world when he was selected with the eighth pick in the 2017 draft. He was a modest contributor during his first three years, but had his playing time cut in half when new coach Tom Thibodeau took over.

“Not playing is not easy for a player,’’ Ntilikina said in a recent interview with the French publication L’equipe. “I would definitely like to play more. But I train all season long. And because I’m still a young player, I know I have a lot of things of my game that I can improve on in future seasons. This is what I did this season offensively in games with the Knicks as soon as I had playing time, being at my advantage over the opponent’s point guards.’’

With his 23rd birthday looming next week, Ntilikina may be ready for a fresh start. He will hit the open market when free agency begins in August, and the Knicks will have to make a $7MM+ qualifying offer to keep him restricted. Berman notes that would carry an $18MM cap hold.

For now, Ntilikina’s priority is the Olympic Games and trying to win a gold medal for France.

“My approach to the Olympics is a bit the same as the one I had for the World Cup,’’ he said. “I try to bring as much as possible to the team. It’s the Olympics, it’s not just anything, it’s something I watched every four years. Now having the chance to go with the France team is a childhood dream.’’

There’s more on the Knicks:

  • In a separate piece, Berman takes a closer look at Virginia forward Trey Murphy III, who could be in play for the Knicks with the 19th or 21st pick in Thursday’s draft. A source says Murphy had a “solid showing” in his workout for New York last week.
  • Kelly Oubre‘s desire to join a team that plays “hard-nosed defense, scrappy, fast-paced, athletic open-floor offense” may make him a good fit for the Knicks. The Warriors’ free agent forward made the comments in a recent interview with Ian Begley and Chris Williamson of SNY.tv.
  • Begley also talked with Obi Toppin about his experiences during his rookie season (video link). Toppin is doing offseason workouts with teammates RJ Barrett, Kevin Knox and Immanuel Quickley.

Celtics, Sixers, Lakers Interested In Reggie Bullock

Two Atlantic Division rivals are among the teams that may try to lure free agent swingman Reggie Bullock away from the Knicks, according to Marc Berman of The New York Post.

A source tells Berman that the Celtics and Sixers have expressed interest in Bullock, and the Lakers may also get involved. Bullock played alongside LeBron James in L.A. during the 2018/19 season.

Bullock prefers to stay in New York, Berman adds, but he’s hoping for a three-year contract worth in the neighborhood of the full mid-level exception ($9MM+). The Knicks have Early Bird rights on Bullock, so they can go above the cap to re-sign him after using their space. They’ll likely be able to offer up to about $10.3MM for the first year, according to Berman.

Bullock became a dependable contributor during his second year with the team, starting 64 of the 65 games he played and averaging 10.9 PPG per night while shooting 41% from three-point range. However, a disappointing playoff performance may have dragged down his value.

The Knicks have other options if they don’t re-sign Bullock, although they may be much more expensive, Berman adds. Coach Tom Thibodeau is a fan of Trail Blazers guard Norman Powell, who opted out of his contract Tuesday, and New York has also expressed interest in Warriors forward Kelly Oubre.

Berman suggests the Knicks might be willing to match a minimal offer to restricted free agent Frank Ntilikina if they lose Bullock. Ntilikina didn’t play much in Thibodeau’s first season with the team, but a source tells Berman that the Knicks haven’t ruled out a possible return.