Larry Nance Jr. Rumors | Hoops Rumors

Contract Details: Fernando, Herro, Nance, Adams

October 4th, 2022 at 7:46am CST by Luke Adams

The Rockets used a portion of their mid-level exception to give Bruno Fernando a four-year deal and a guaranteed salary of $2,717,391 for the 2022/23 season, Hoops Rumors has confirmed. Fernando’s salary will dip to $2,581,522 for 2023/24 before rising back up to $2,717,391 for ’24/25 and increasing to $2,853,260 for ’25/26. As Michael Scotto of HoopsHype tweets, the second and third years of Fernando’s deal are non-guaranteed, while the fourth year is a team option.

Here are some details on a few more new contracts from around the NBA:

Tyler Herro‘s four-year extension with the Heat will pay him annual salaries of $27MM, $29MM, $31MM, and $33MM beginning in 2023/24, for a base value of exactly $120MM, tweets ESPN’s Bobby Marks. The deal also includes $2.5MM in annual incentives that are currently considered unlikely.
Larry Nance Jr.‘s two-year extension with the Pelicans will pay him $10,375,000 in 2023/24 and $11,205,000 in ’24/25, tweets Anil Gogna of NoTradeClause.com. Because Nance’s second-year raise exceeds 5%, he’ll be ineligible to be traded during the 2022/23 season.
Steven Adams‘ two-year extension with the Grizzlies features a flat base salary of $12.6MM in both 2023/24 and ’24/25, with no options or incentives, Hoops Rumors has confirmed. Adams’ new deal doesn’t exceed the extend-and-trade limits, so he’ll remain trade-eligible this season.
As expected, the recent contracts signed by Kaiser Gates (Nets), Brandon Rachal (Nets), and Sacha Killeya-Jones (Thunder) all included Exhibit 10 language.

Pelicans Sign Larry Nance Jr. To Two-Year Extension

October 3rd, 2022 at 10:48pm CST by Dana Gauruder

OCTOBER 3: Nance has officially signed the extension, according to a team press release.

OCTOBER 1: The Pelicans and forward Larry Nance Jr. have reached an agreement on a two-year, $21.6MM extension, Adrian Wojnarowski of ESPN tweets.

Nance is entering the final year of a four-year, $44.8MM contract. He’ll make $9,672,727 this season.

There are no team or player options included in the new extension, Will Guillory of The Athletic tweets.

Nance, 29, has bounced around the league a little bit but has always been coveted for his versatility. He launched his career with the Lakers and played three-and-a-half seasons with Cleveland. He began last season on Portland’s roster but was part of the blockbuster deal that brought CJ McCollum to New Orleans.

Nance appeared in a total of 46 regular season games last season. Overall, he’s appeared in 396 regular season contests, averaging 8.1 PPG, 6.5 RPG, 1.9 APG and 1.2 SPG in 24.1 MPG.

He projects as Zion Williamson‘s backup this season and now, apparently, for the next two seasons as well.

As Christian Clark of the New Orleans Times-Picayune notes (Twitter link), the Pelicans will now have eight players — McCollum, Brandon Ingram, Williamson, Devonte’ Graham, Dyson Daniels, Trey Murphy, Jose Alvarado and Nance — under contract for the next three seasons.

Southwest Notes: KPJ, Bane, McCollum, Nance

August 4th, 2022 at 7:15pm CST by Alex Kirschenbaum

Rockets point guard Kevin Porter Jr. appears to have earned a long-term look with the franchise. Houston and Porter have had initial discussions about the future of the extension-eligible 22-year-old, prompting Kelly Iko and Danny Leroux of The Athletic take a deep dive into what a new deal might look like for the fourth-year guard.

Leroux projects an annual number in the range of $10-15MM for Porter. Should the Rockets opt to not extend Porter and instead let him reach restricted free agency in the summer of 2023, Leroux notes that the market for the 6’4″ guard’s services could be dampened. Currently, just seven NBA clubs, including the Rockets, project to have cap space available to sign Porter for more than the mid-level exception.

There’s more out of the Southwest Division:

Third-year Grizzlies shooting guard Desmond Bane has evolved into a reliable locker-room leader, despite his relative greenness, writes Damichael Cole of the Memphis Commercial Appeal. “I’ve always been a vet [in terms of personal comportment], but now I’m a vet for real,” Bane said. “I don’t really think that too much has to change. I’ve always been the guy to lead by example, put my best foot in front of the other. That’s half of leadership right there.”
Pelicans veteran players CJ McCollum and Larry Nance Jr., new additions to the team at the 2022 trade deadline, are extension-eligible this summer. Will Guillory and Danny Leroux of The Athletic consider potential extension contracts for both New Orleans players. Christian Clark of NOLA.com writes that McCollum contributed as a versatile scorer and consistent ball-handler, while Nance helped the team in the less-glamorous role of flexible bench big. Clark notes that both players have shown interest in sticking around long term with an exciting young Pelicans club hot off its first playoff appearance in four years.
In case you missed it, the lucrative new extension inked by Pelicans power forward Zion Williamson includes a caveat that requires him to get consistent weigh-ins by New Orleans. Should the total of his body fat percentage and weight exceed 295, the team will be able to reduce the guaranteed portion of his salary.

Pelicans Notes: McCollum, Nance Jr., Zion, Graham

July 7th, 2022 at 1:59pm CST by Rory Maher

It sounds like the Pelicans might be interested in extending the contracts of a couple of mid-season additions. Speaking on his latest Hoop Collective podcast (hat tip to RealGM), ESPN’s Brian Windhorst said he’s heard that New Orleans is interested in coming to agreements with CJ McCollum and Larry Nance Jr., who were both acquired from Portland in February prior to the trade deadline.

“It sounds like CJ McCollum is having some contract extension talks with the Pelicans,” said Windhorst. “I’m not sure when he can actually sign that. I know he signed his last contract extension in 2019.”

“I believe it is next month when they can start talking about that,” said ESPN’s Andrew Lopez. “I know it’s before the season…”

“Maybe they haven’t ‘talked’, but I heard they ‘talked’, don’t tell anybody,” Windhorst replied in a hushed voice.

“I think the Pelicans are also interested in extending Larry Nance’s contract,” Windhorst added. “We’ll see if that gets done.”

McCollum, who turns 31 in September, is under contract for the next two seasons at a combined $69.13MM, while Nance, who turns 30 in January, has one year left on his deal at $9.67MM.

Here’s more from New Orleans:

Zion Williamson offically signed his five-year, designated rookie max extension on Wednesday. At the press conference to announce the deal, he said he’s determined to show the world that he’s a winning player, Lopez relays in a story for ESPN.com. “I want to prove that I’m a winner,” Williamson said. “It’s as simple as that. I want to win with coach. As well as with my teammates. The ultimate goal is to win the championship. I feel like that’s what we’re all striving for. Like Griff (executive VP of basketball operations David Griffin) said, we’re hungry. Y’all saw this past year what the team did and I’m just excited to add to that.”
With Williamson locked in for the next six years, the Pelicans could be ‘scary’ for the rest of the NBA, according to Christian Clark of NOLA.com. “Now it’s going to take work to get there,” head coach Willie Green said at Williamson’s press conference. “What groups play well together? How can we take advantage of different mismatches? How can we put all of our guys on the floor and give them an opportunity to be successful? That takes work. But it all comes together at some point throughout the course of the season, and when it does I think we can be a scary team.” Adding Williamson to a group that made an impressive turnaround to reach the postseason after a miserable start will certainly make the Pelicans an interesting team to follow in 2022/23.
Guard Devonte’ Graham, whom the Pelicans acquired in a sign-and-trade last summer, was arrested for driving while impaired on Thursday morning, Clark writes in a separate piece for NOLA.com. The incident occurred in Raleigh, North Carolina, Graham’s hometown. The 27-year-old averaged 11.9 PPG, 2.3 RPG and 4.2 APG on .363/.341/.843 in 76 games (63 starts, 28.3 MPG) with New Orleans last season. He was limited to just 10 MPG in the team’s first-round playoff loss to Phoenix. Graham is under contract through ’24/25 for a total of $36.3MM, but the final year is only partially guaranteed at $2.85MM, making the guaranteed portion of his deal $26.5MM.

Pelicans Notes: Nance, Griffin, McCollum, Zion

April 30th, 2022 at 10:55pm CST by Arthur Hill

Larry Nance Jr. hasn’t enjoyed much stability in his seven-year NBA career, but he hopes to find it with the Pelicans, writes Christian Clark of NOLA.com. Nance was a perfect fit in New Orleans after being acquired from the Trail Blazers in February, and with one year left on his contract, he’s hoping for an extension.

“Willie (Green) is my eighth head coach,” Nance said. “I have had seven different general managers. I am so tired of it. This organization has been incredible since I got here. The people are great. The fan base is incredible. I would love to make this a permanent stay. But again, that’s not up to me.”

The first order of business for Nance after the trade was arthroscopic surgery to fix his right knee, which kept him sidelined until late March. Clark notes that Nance was much more explosive when he resumed playing.

“The little piece of meniscus in my knee was bothering me for the past few years,” Nance said. “I didn’t even realize it. Getting that cleaned up and cleaned out and getting to play that last stretch of games was fully healthy was great. I still feel great. My body is in a great place right now.”

There’s more from New Orleans:

The Pelicans have 14 players under contract for next season, but there are some important decisions to make this offseason, Clark adds. CJ McCollum, who came to New Orleans in the same deal as Nance, will also be eligible for an extension, and the team has to figure out whether to make a maximum extension offer to Zion Williamson. Executive vice president of basketball operations David Griffin said those situations will be addressed and called it “a real blessing” that all three players want to remain with the Pelicans.
McCollum attracted headlines at the All-Star break when he said that he hadn’t been able to speak with Williamson, who was working out away from the team. On Friday, Williamson offered an explanation, tweets Andrew Lopez of ESPN. “Honestly, I was focused on rehabbing around that time,” he said. “I texted CJ shortly after to apologize about that. Like I said, I was mentally not in a good space. Mr. McCollum, he was cool about it.”
Williamson’s comments at Friday’s media session that he still wants a future in New Orleans were exactly what the organization needed to hear, contends Rod Walker of NOLA.com, as Williamson did his best to silence persistent speculation that he would rather be in a bigger market. “I can’t control rumors and how people feel about certain things,” Williamson said. “I said this in my interview with (Pelicans TV announcer) Antonio (Daniels). Anybody who knows me, knows I want to be here. If they feel otherwise, I can’t help that. But if you know me, you know I want to be here.”

Western Notes: Prince, Dinwiddie, Nance, Kings

April 29th, 2022 at 3:00pm CST by Luke Adams

Timberwolves forward Taurean Prince will be an unrestricted free agent this summer, but he said on Friday that he “plans to return” to Minnesota for next season, as Darren Wolfson of 5 Eyewitness News relays (video link).

Prince told reporters that the strong camaraderie in the Wolves’ locker room is something he hasn’t experienced since college and praised head coach Chris Finch, comparing him to Mike Budenholzer, who coached Prince in Atlanta at the start of his NBA career. The 28-year-old added that he hopes Minnesota reciprocates his interest.

Prince averaged 7.3 PPG and 2.5 RPG on .454/.376/.756 shooting in 69 regular season games (17.1 MPG) during his first year in Minnesota. The Wolves will hold his Bird rights this summer, so they would be able to go over the cap to re-sign him without using any of their mid-level exception.

Here’s more from around the Western Conference:

Mavericks guard Spencer Dinwiddie earned a $100K bonus on Thursday when Dallas beat Utah to advance to the second round, tweets ESPN’s Bobby Marks. Dinwiddie would receive another $571K if the Mavs get past Phoenix and earn a spot in the Western Conference Finals.
Having played for four teams and eight head coaches since entering the NBA in 2015, Pelicans forward Larry Nance Jr. would welcome some stability and said on Friday that he’d like to make New Orleans his permanent home, tweets William Guillory of The Athletic. Nance has just one year left on his current contract, but will be extension-eligible this offseason.
With Monte McNair believed to be entering the final guaranteed year of his contract with the Kings, Jason Anderson of The Sacramento Bee wonders if the general manager will feel pressure to hire a veteran head coach such as Mike D’Antoni instead of a candidate without any head coaching experience.

Pelicans Notes: Offseason, Jones, Murphy, Alvarado, Zion

April 29th, 2022 at 11:11am CST by Luke Adams

When the Pelicans got off to a 1-12 start this season, it looked like the team was headed for another lottery finish and some difficult offseason questions. Instead, New Orleans managed to turn things around, earned a playoff berth via the play-in tournament, and gave the NBA-best Suns all they could handle in the first round of the playoffs.

“To get to the playoffs, we continued to believe in ourselves. Continued to get better, believing in this organization,” Brandon Ingram said after Thursday’s Game 6 loss, according to Will Guillory of The Athletic. “New coach. New players. Figuring it out so fast. You don’t think about it in the moment because we just lost, but we definitely came a long way from the beginning of the season.”

As Guillory writes, the first-round loss to Phoenix was a tough one, given how competitive the Pelicans made the series (they were outscored by a total margin of 668-659 across six games). But after laying a strong foundation of young talent, the franchise looks poised to remain competitive and continue improving in the coming years.

There are still some pressing offseason questions facing the Pelicans, with both Zion Williamson and Jaxson Hayes eligible for rookie scale extensions, but all of the team’s young players are under contract for 2022/23, Guillory notes. And while there has been plenty of speculation about Williamson’s long-term commitment to New Orleans, the team couldn’t have done much more this spring to make him want to be part of the future.

Here’s more on the Pelicans:

The Pelicans wouldn’t have gotten as far as they did this season without the contributions they received from a trio of unheralded rookies, according to Andrew Lopez of ESPN, who spotlights Herbert Jones, Trey Murphy, and Jose Alvarado. Jones emerged as a legitimate All-Defensive candidate, Murphy knocked down 38.2% of his three-point attempts, and Alvarado provided energy and hustle plays off the bench. All three players are under contract for multiple years going forward.
In his Pelicans offseason preview, ESPN’s Bobby Marks (Insider link) examines the big decision the team must make on a potential Williamson extension and points out that veterans like CJ McCollum and Larry Nance Jr. will be extension-eligible this summer as well.
Yossi Gozlan of HoopsHype also looks ahead to the Williamson contract negotiations and the other key roster decisions facing the Pelicans this summer. As Gozlan writes, New Orleans doesn’t have much breathing room below the projected luxury tax line, which will affect the club’s ability to make full use of its mid-level exception.

Southwest Notes: Pelicans, Nance, Wall, Spurs

April 24th, 2022 at 3:31pm CST by Alex Kirschenbaum

The Pelicans are aware that evening their current first-round playoff matchup against the top-seeded Suns will require them to keep their cool, writes Christian Clark of NOLA.com.

In the middle of Game 3’s second quarter, Pelicans big man Jaxson Hayes was ejected from the contest, an eventual Suns win, after aggressively pushing Phoenix forward Jae Crowder. New Orleans would go on to lose at home by a narrow margin (114-111). The Suns now have a 2-1 series edge.

Pelicans head coach Willie Green acknowledged that Hayes let his emotions get the best of him in that instance, but that the team overall has been effective at managing its emotions in a playoff environment.

“I thought we’ve done a really good job of that this series,” Green said of the Pelicans’ approach to their emotions. “We had a moment — the Jaxson-Jae Crowder thing. But other than that, it was a close game coming down the stretch, the last five minutes. They pulled away a bit. But we’re doing a lot of good. We just have to be better down the stretch.”

New Orleans will face off against the Suns in a big Game 4 today.

There’s more out of the Southwest Division:

Pelicans forward Larry Nance Jr. is confident in the team’s core even without star forward Zion Williamson, writes Logan Murdock of The Ringer. “We’re the real deal,” Nance tells Murdock. “This team is here and this team is for real… And we have a top-10 asset that hasn’t even touched the court yet.” Murdock notes that three promising New Orleans rookies have emerged as key additions to the club’s playoff rotation: Herbert Jones, Jose Alvarado, and Trey Murphy III. Star veterans CJ McCollum and Brandon Ingram have proven they belong in these playoffs thus far.
Rockets veteran point guard John Wall is expected to opt in to the final season on his max deal, worth $47.3MM in 2022/23. Jake Fischer of Bleacher Report suggests that Wall’s agents and Houston brass will discuss the possibility of a buyout arrangement if the Rockets are unable to find a trade partner for Wall before the 2022 draft in June. Should Wall be bought out, the Heat and Clippers may have interest in adding the former All-Star, says Fischer.
With the team’s youth movement fully underway, the Spurs are ready for an offseason typical of San Antonio head coach Gregg Popovich: one full of Popovich’s exacting standards, per Jeff McDonald of the San Antonio Express-News. Third-year forward Keldon Johnson knows what to expect from Popovich, who wants to see Johnson improve his defense. “He’s hard on me because he wants me to be great,” Johnson said. “If it was anything different, I wouldn’t want that.” McDonald writes that San Antonio All-Star guard Dejounte Murray will need Johnson, forward Devin Vassell, and rookie shooting guard Joshua Primo to develop for the Spurs to return to the playoffs.

Western Notes: Bane, Grizzlies, Wolves, Nance Jr., Gordon

April 17th, 2022 at 9:50pm CST by JD Shaw

Grizzlies guard Desmond Bane believes his team needs to play more physical against the Timberwolves in Game 2, according to Damichael Cole of the Memphis Commercial Appeal. Memphis lost 130-117 in Game 1 on Saturday, allowing Minnesota to shoot 50% from the field and win the rebound battle 46-35.

That rebounding clash included 11 offensive rebounds from the Wolves. Minnesota was led by Anthony Edwards (36 points and six assists), along with Karl-Anthony Towns (29 points and 13 rebounds). Game 2 of the series is on Tuesday.

“Physicality is something that we felt like we addressed coming into the series, and I didn’t think that it was there tonight,” Bane said of the Game 1 loss. “At least at the level it needed to be to win. We’re going to have to get grimy out there to win a playoff series.”

We have more from the Western Conference:

The young Timberwolves are establishing themselves as a problem this year, Jon Krawczynski of The Athletic writes. Minnesota has gained confidence as the campaign moves on, showing potential by defeating Memphis (30-11 home record) on the road in Game 1.
Pelicans forward Larry Nance Jr. is a key part of the team’s culture change, Christian Clark of NOLA.com opines. Nance finished with 14 points and 16 rebounds off the bench in the club’s play-in tournament win over the Clippers. The seven-year veteran is well-respected by his teammates and coaches. “Look at what we got,” Nance said. “This is a situation anybody can look at from the outside. When I was in Portland, I knew it. Then when I got here, I really knew it. We have Brandon Ingram, who is an All-Star at 25 years old. We have CJ, who is playing like an All-Star. And a freak (Zion Williamson) on ice right now. Who wouldn’t be thrilled about coming to the situation? This summer, I left Cleveland and wanted to go to a playoff team. Now, look, here we sit. I’m thrilled to be here.”
In order to beat the Warriors, Nuggets forward Aaron Gordon must have a good series, Harrison Wind of DNVR Sports writes. “Aaron Gordon is at his best when he’s attacking,” head coach Michael Malone said. “We don’t want to just settle for 3s as a team.” Gordon finished with just eight points and five rebounds in 26 minutes on Saturday. Denver lost the first game of the series 123-107, shooting 11-of-35 from three-point range (31%).

Pelicans Notes: Zion, Alvarado, Nance, Hart

March 25th, 2022 at 4:04pm CST by Luke Adams

As William Guillory of The Athletic observes, it’s no coincidence that Zion Williamson – typically not very active on social media – posted a video of him throwing down a between-the-legs windmill dunk just days after Shams Charania reported that he likely won’t return this season. It also doesn’t seem like a coincidence that the Pelicans cleared him for increased activity shortly after that video was posted, Guillory writes.

There’s “an air of silent cold war brewing” between the Pelicans and Williamson, according to Scott Kushner of NOLA.com, who writes that the star forward clearly wants to play this season, while the team – wary of risking his long-term health – is reluctant to let him.

It’s a difficult spot for the Pelicans, who reportedly frustrated Williamson during his rookie year by playing it safe with his knee injury and holding him out longer than he felt was necessary. The two sides are about to enter a crucial offseason, with the former No. 1 overall pick eligible for a rookie scale extension.

Before that offseason begins, Williamson, his camp, and the Pelicans’ top decision-makers need to come together to agree on a decision about his status for this season, Guillory opines. If all the involved parties can get on the same page on that issue, it should create a more comfortable starting point when they approach extension talks in the summer.

Here’s more on the Pelicans:

Christian Clark of NOLA.com examines some of the similarities and differences between Williamson’s lengthy injury rehab process this season and Kawhi Leonard‘s injury recovery process during his final year in San Antonio.
Within his weekly “10 Things” column for ESPN, Zach Lowe highlights the impact that Jose Alvarado has had in New Orleans and says he’d be shocked if the team doesn’t convert Alvarado’s two-way contract to a standard deal soon. Doing so would ensure that the rookie guard is eligible for the play-in tournament and playoffs.
William Guillory and John Hollinger of The Athletic discuss several topics related to the Pelicans’ future, weighing the possibility of a Williamson extension, considering whether or not Alvarado’s emergence changes the backcourt plans going forward, and evaluating the team’s chances of earning a playoff spot next month.
Following up on last month’s revelation that good friends Larry Nance Jr. and Josh Hart temporarily swapped houses when they were traded for one another, Andrew Lopez of ESPN takes an entertaining, in-depth look at what that arrangement has looked like.