Klay Thompson

Mavericks Sign Naji Marshall To Three-Year Deal

JULY 6: Marshall has officially signed with the Mavericks, the team announced today (via Twitter).


JUNE 30: The Mavericks are signing free agent wing Naji Marshall to a three-year, $27MM contract, reports Adrian Wojnarowski of ESPN (via Twitter).

A former undrafted free agent who played college ball at Xavier, Marshall has spent his entire four-year NBA career with New Orleans, initially starting out on a two-way contract. Known for his energy and tenacious defense, the 26-year-old had a career year from deep in 2023/24, converting 38.7% of his three-point looks, though it was on very low volume (2.3 attempts per game).

Notably, Marshall was one of the Pelicans’ top performers in their first-round loss to the Thunder, averaging 9.0 points and 2.8 rebounds while shooting 40% from long distance in 21.0 minutes per contest. He averaged 7.1 points and 3.6 rebounds in 19.0 minutes across 66 regular season appearances last season, almost entirely off the bench (he made one start).

It’s a huge raise for Marshall, who finished last season on a minimum-salary contract. A report last month indicated New Orleans didn’t expect Marshall back next season due to financial reasons.

Marshall was considered a fallback option for Dallas if the team was unable to re-sign starting forward Derrick Jones, whose free agency was complicated by the fact that he recently switched agents. Veteran reporter Marc Stein confirms the Mavs are preparing to move on from Jones, citing league sources who say the team is still focused on landing Klay Thompson in a sign-and-trade with Golden State (Twitter links).

ESPN’s Tim MacMahon says (via Twitter) the Mavs are using a significant portion of their non-taxpayer mid-level exception to sign Marshall. As ESPN’s Bobby Marks has noted, there’s an expectation that Dallas will use its bi-annual exception to acquire Quentin Grimes from Detroit, creating a trade exception worth Tim Hardaway Jr.‘s full outgoing salary (nearly $16.2MM). If a deal comes to fruition, Thompson’s contract would fit into that new TPE.

The 2024 offseason is the first time that the MLE and BAE can be used to acquire players in trades or waiver claims, not just to sign free agents.

The first tax apron for the 2024/25 league year ($178,132,000) will be the hard cap for any team that acquires a player via sign-and-trade, signs a player using more than the taxpayer portion of the mid-level exception, signs or acquires a player using a bi-annual exception, uses any portion of its mid-level exception to add a player via trade or waiver claim, acquires more than 100% of the outgoing salary in a trade, or uses a trade exception generated prior to the start of the 2024 offseason. The Mavs will meet several of those criteria, which means they cannot exceed the first apron salary threshold.

Marshall came in at No. 33 on our list of 2024’s top 50 free agents.

Klay Thompson, Warriors Parting Ways

Veteran sharpshooter Klay Thompson is leaving the Warriors, the only franchise he’s known in his 13 NBA seasons, reports Shams Charania of The Athletic and Stadium (Twitter link).

According to Charania, the two sides are set to begin exploring sign-and-trade options for the five-time All-Star. Sources tell ESPN’s Adrian Wojnarowski that Thompson will talk to the Mavericks, Lakers, Clippers and Sixers with free agency officially underway (Twitter link).

The 11th pick of the 2011 draft, Thompson is one of the most accomplished shooters in league history, ranking sixth all-time in three-pointers made. The 34-year-old has knocked down 41.3% of his attempts from long distance over the course of his career.

The second “splash brother” next to Stephen Curry, Thompson played a key role in helping Golden State win four championships during his tenure with the team. Earlier in his career, he made a couple of All-NBA Third Team appearances, plus an All-Defensive Second Team nod back in 2018/19.

However, a torn ACL and a torn Achilles tendon cost Thompson two full seasons during his prime. While he has remained one of the NBA’s top three-point marksmen since he returned from those injuries in January 2022, he doesn’t have the same athleticism or defensive versatility he once did.

Thompson, who earned $43.2MM in 2023/24 during the final year of his max contract, reportedly turned down a two-year, $48MM extension from Golden State before last season began. Talks between the two sides went quiet leading up to free agency, which is always an ominous sign.

In 77 regular season games in ’23/24, Thompson averaged 17.9 PPG, 3.3 RPG and 2.3 APG on .432/.387/.927 shooting (29.7 MPG). He scored zero points and went 0-10 from the field as the No. 9 Warriors fell to the No. 10 Kings in the play-in tournament.

FA Rumors: KCP, Harden, Kennard, Hartenstein, Jones, Highsmith, More

After Jake Fischer of Yahoo Sports reported earlier today that the Nuggets are preparing to lose Kentavious Caldwell-Pope, Michael Scotto of HoopsHype confirms there’s a growing belief around the league the veteran wing won’t remain in Denver.

The Magic have “significant” interest in Caldwell-Pope and there has been growing buzz about the possibility of Orlando aggressively pursuing him, Scotto says, adding that the Magic’s interest in Klay Thompson has cooled by comparison. Multiple executives who spoke to HoopsHype believe Caldwell-Pope will sign for $20-25MM per year.

The Sixers, who have also frequently been cited as a Caldwell-Pope suitor, have been exploring the feasibility of landing both KCP and Paul George using their cap room, tweets Marc Stein.

Here are several more rumors with the official start of free agency just a couple hours away:

  • While James Harden has been mentioned as a possible mid-level ($12.9MM) target for the Lakers, the expectation is that the Clippers will be willing to pay him approximately double that amount, Scotto writes, echoing a comment made by Adrian Wojnarowski on ESPN (YouTube link).
  • Rival executives aren’t expecting Luke Kennard to be truly available as an unrestricted free agent, according to Fischer, who says Kennard and the Grizzlies seem to be interested in continuing their relationship after the team turned down its option the sharpshooter on Saturday.
  • New Pistons head of basketball operations Trajan Langdon is known to be a fan of center Isaiah Hartenstein, so Detroit is considered a candidate to make a play for the Knicks big man, Fischer reports. A return to the Knicks still hasn’t been entirely ruled out for Hartenstein, though the Thunder continue to be viewed as a probable suitor as well, Fischer notes.
  • With point guard Tyus Jones seeking starter-level money as a free agent this offseason and the Wizards still in the early stages of their rebuilding project, there’s a growing sense that Washington will be open to moving Jones via sign-and-trade, per Scotto.
  • Free agent wing Haywood Highsmith is expected to draw interest from a mix of cap-room teams such as the Pistons, Hornets, Jazz, Spurs, and Sixers, as well as over-the-cap clubs like the Pacers, Kings, and Warriors, league sources tell Scotto, who suggests the 27-year-old could end up with a deal in the range of the full mid-level.
  • The Lakers are expected to have interest in re-signing both Taurean Prince and Spencer Dinwiddie, with Dinwiddie also likely to draw interest from the Mavericks, Scotto writes. NBA executives who spoke to HoopsHype projected Prince to potentially land a contract in the range of $5MM+ annually over two years.

Derrick Jones’ Free Agency Complicated By Agent Change

Fresh off a 50-32 season and a run to the NBA Finals, the Mavericks are hoping to build on their success this offseason. As Jake Fischer of Yahoo Sports writes, Dallas agreed to ship the expiring $16.2MM contract of bench swingman Tim Hardaway Jr. to the Pistons in part to create the financial flexibility to re-sign starting small forward Derrick Jones, whose defensive ferocity helped the minimum-salaried vet emerge as a critical role player during the Mavericks’ Finals run.

Across 76 healthy regular season contests last year with Dallas, Jones averaged 8.6 points on .483/.343/.713 shooting, along with 3.3 rebounds, 1.0 dimes, 0.7 steals and 0.7 rejections per game. The Hardaway deal should open up the Mavs’ non-taxpayer mid-level exception for the 6’5″ wing.

However, according to the CBA, players are not officially permitted to sign a deal with a new agent for 15 days after ending their contracts with their prior representatives, Fischer notes. Because Jones ended his association with his most recent reps on June 26, that could throw a wrench in the Mavericks’ plans to retain him.

According to Tim Cato of The Athletic, Jones’ new agency, Klutch Sports, will thus be unable to negotiate on his behalf until July 11, by which time most top free agents will be off the board. This could complicate a Jones return to a Mavericks team looking to build up its roster through a series of connected moves.

Cato notes that Jones could theoretically still work out a future contract with now-terminated representative Aaron Turner of Verus Management negotiating on his behalf. Turner and Jones could also reach an agreement to disregard the standard 15-day waiting period between representatives, which would let Klutch instantly take over.

Despite the complications created by Jones’ agency change, the Mavericks remain optimistic about their chances of retaining him, tweets Marc Stein.

In addition to hoping to re-sign Jones, the Mavs are also considered a top suitor for Warriors sharpshooter Klay Thompson. A league source tells Monte Poole of NBC Bay Area (Twitter link) that Dallas is “chasing Thompson extremely hard.” The plan would be to acquire Thompson via sign-and-trade and re-sign Jones with the mid-level exception.

The Mavs’ thinking, according to Stein, is that if they have to trade away Josh Green as part of a sign-and-trade deal for Thompson, the club would still have plenty of wing depth, with Thompson coming aboard, Quentin Grimes being acquired in the Hardaway trade, and Jones potentially returning.

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

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

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

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.

[RELATED: Lakers, Clippers, Mavericks among Klay Thompson’s suitors]

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 Preparing To Lose Klay Thompson

With Klay Thompson just 24 hours away from reaching unrestricted free agency, the Warriors are preparing to lose their longtime sharpshooter and four-time NBA champion, league sources tell Shams Charania and Anthony Slater of The Athletic.

According to Charania and Slater, the Warriors and Thompson haven’t had much contact as of late and the team hasn’t made him a formal contract offer since the exclusive negotiating window opened after the NBA Finals.

The club has expressed interest in circling back to the five-time All-Star after addressing other business, including figuring out what to do with Chris Paul and his non-guaranteed $30MM expiring salary.

However, Thompson’s side believes Golden State’s interest in a reunion has been “disingenuous,” per The Athletic’s duo, who say he “never felt reciprocated love from management about his firm place in the franchise’s plans.”

As a result, the 34-year-old is determined to find a new home, league sources tell Charania and Slater, and both sides believe their 13-year run together is about to come to an end.

The Lakers, Clippers, and Mavericks are expected to be among Thompson’s top suitors, though all three teams project to be over the cap and would have to negotiate a sign-and-trade. Golden State has been open to the idea of accommodating such a deal in order to maximize Thompson’s earning potential, sources tell The Athletic.

Multiple clubs with cap room are expected to be in the mix too, per Charania and Slater. The Sixers and Magic are among the cap-space teams that have been linked to the longtime Warrior in recent days.

Marc Stein, who reported on Friday night that there’s “strong” mutual interest between Thompson and the Mavericks, tweets that LeBron James is hopeful the Lakers can make a bid to challenge Dallas for the veteran swingman. For his part, Thompson is intrigued by the Lakers possibility and plans to talking to both them and the Mavs, among other potential suitors, tweets Broderick Turner of The Los Angeles Times.

Klay Thompson, Mavericks Have “Strong Mutual Interest”

“Strong mutual interest” is expected between Klay Thompson and the Mavericks when free agency opens on Sunday night, NBA insider Marc Stein writes in his latest Substack post.

Reports have long indicated the lack of contact between Thompson and the Warriors, the team with which he’s won four rings and played since 2011. Now, Stein says he’s heard from multiple sources that the Mavs are likely to emerge as the favorites to sign the Splash Brother.

Having agreed to send Tim Hardaway Jr. to the Pistons, the Mavericks will have some additional financial flexibility and are expected to be able to make a competitive multiyear contract offer to the five-time All-Star, Stein writes. However, with no cap room available, Dallas would likely need Golden State’s cooperation for a sign-and-trade deal — it’s not “immediately clear” whether such a deal could be negotiated, Stein acknowledges.

It’s also not known whether the Mavs would be able to retain Derrick Jones Jr. if they were to land Thompson, Stein adds. Jones, who was an instrumental piece en route to the Mavs’ NBA Finals appearance, is poised to sign with Klutch Sports for representation as he prepares to enter free agency, per Michael Scotto of HoopsHype (Twitter link).

As has been reported, teams with cap space like Orlando and Philadelphia are expected to show interest in Thompson if he doesn’t return to the Warriors, but it’s believed that his preference is to remain in the Western Conference, according to Stein.

Southwest Notes: Rockets, Mavs, Thompson, Pelicans, Cissoko

The Rockets will have enough cap flexibility to use the full non-taxpayer mid-level exception this offseason, but Jonathan Feigen of The Houston Chronicle (subscription required) is skeptical that they’ll do so. As Feigen explains, Houston will have nearly all of last year’s rotation players back, with No. 3 pick Reed Sheppard joining the mix and Steven Adams and Tari Eason returning from injuries, so there may not be a role available for a mid-level signee.

Since the mid-level exception can be used for the first time in 2024/25 as a de facto trade exception, Feigen expects Houston to be fine with the idea of hanging onto it into the regular season in case it comes in handy on the trade market.

Within that same story, Feigen also briefly touches on the contract situations for Alperen Sengun and Jalen Green, who will both be eligible for rookie scale extensions beginning in July. While the Rockets are expected to explore deals with both players, they’re unlikely to offer either Sengun or Green a maximum-salary contract, says Feigen.

Here’s more from around the Southwest:

  • Marc Stein adds another team to the list of possible Klay Thompson suitors, reporting on Substack that the Mavericks will explore the feasibility of adding the veteran Warriors sharpshooter. Dallas will have a little flexibility below the first tax apron after agreeing to send Tim Hardaway to Detroit, but won’t have cap room, so a sign-and-trade deal looks like the only way the Mavs would have any chance at Thompson.
  • Pelicans head of basketball operations David Griffin vowed in April that the front office would operate with a sense of “urgency” to upgrade the roster this offseason. He reiterated that message this week, as Christian Clark of NOLA.com relays. “We need to be aggressive,” Griffin said. “I think it’s really a positive thing for our organization that we’ve won more games three years in a row. We’ve built what we’ve built in terms of players wanting to stay here. That’s tremendous. That’s not why we are doing this. We are doing this to win.”
  • Spurs forward Sidy Cissoko underwent an arthroscopic clean-up procedure on his right knee last month, according to Tom Orsborn of The San Antonio Express-News (subscription required), who says Cissoko’s participation in Summer League could be limited as a result. While the Spurs are hopeful that the 2023 second-rounder will be able to suit up at the Las Vegas Summer League, he won’t play in the California Classic Summer League that tips off on July 6, per Orsborn.