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P.J. Washington

Hornets Notes: Washington, Bouknight, Jones, Martin

July 29th, 2023 at 10:45pm CST by Arthur Hill

The situation surrounding Hornets forward P.J. Washington has been “amazingly quiet,” Marc Stein states in his latest Substack chat. With nearly a month elapsed since free agency began, Washington remains the most prominent player without a new contract and there’s little indication that the impasse will be resolved soon.

Washington is restricted, so Charlotte can match any offer sheet he might receive, but free agency money dried up weeks ago. No one has the resources to offer him a contract starting at more than the non-taxpayer mid-level exception of about $12.4MM without working out a sign-and-trade. Stein speculates that Washington may decide to accept the Hornets’ $8.5MM qualifying offer and test the market again next summer when he’s unrestricted.

That same theory is floated by Roderick Boone of The Charlotte Observer, who notes that threatening to take the QO is the only way Washington can gain any leverage in negotiations. Like Stein, Boone reports that everything appears to be “status quo,” but cautions that doesn’t mean progress isn’t being made behind the scenes.

There’s more from Charlotte:

  • There’s no clear path to playing time for either James Bouknight or Kai Jones, Boone adds in the same piece. The selection of Brandon Miller with the No. 2 pick in the draft creates another obstacle for Bouknight, who hasn’t made a significant impression during his first two NBA seasons. Another wing player may have to be injured for Bouknight to get a shot at rotation minutes. As for Jones, he’s third on the depth chart behind Mark Williams, a first-round pick last year, and Nick Richards, who recently signed a three-year, $15MM extension. Boone states that coach Steve Clifford doesn’t like using three centers, so there doesn’t seem to be a role for Jones.
  • The Hornets may be in the market for a ball-handling guard after Dennis Smith Jr. signed with the Nets, according to Boone. He notes that there’s no one on the roster who would be a natural backup to LaMelo Ball, so that role would likely go to Terry Rozier, which would push his minutes above where the team wants them to be.
  • It’s encouraging that Cody Martin hasn’t undergone surgery for the knee issues that limited him to seven games last season, Boone adds. However, he points out that the Hornets won’t know how Martin’s knee will hold up until he resumes playing a regular schedule. The small forward has three seasons left on his four-year, $31MM contract.
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Cavaliers Continue To Eye Free Agent Market

July 16th, 2023 at 9:41am CST by Luke Adams

The Cavaliers remain interested in adding at least one more free agent to their roster before training camp, sources tell Chris Fedor of Cleveland.com (subscriber link). According to Fedor, the team isn’t targeting any specific position and is simply focused on “playable depth.”

As Fedor outlines, the Cavaliers currently have 12 players on guaranteed contracts, plus Sam Merrill on a non-guaranteed deal. The club has about $3MM in breathing room below the luxury tax line and has no interest in becoming a taxpayer, so the 15th roster spot will probably remain open to start the season. In all likelihood, the Cavs would add one more player on a minimum-salary contract (or two, if Merrill is cut) in order to set the regular season roster.

Sources tell Fedor that Cleveland has registered interest in some of the top unrestricted free agents still available on the open market, including forward Kelly Oubre and center Christian Wood. Oubre was viewed as the Cavs’ Plan B if they hadn’t been able to land Max Strus via sign-and-trade, Fedor adds.

Fedor also mentions restricted free agent P.J. Washington, noting that the Cavs might have enough expendable salary (starting with Ricky Rubio and Dean Wade) to build a sign-and-trade package for the Hornets forward. However, I don’t see a scenario in which Cleveland could put together an offer that appeals to Charlotte, pays Washington the sort of money he’s seeking, and keeps the Cavs out of the tax.

Cleveland’s next signing will probably be a “minor” one, Fedor acknowledges, with the team looking to land a “cheaper-than-expected” rotation player at the veteran’s minimum like Golden State did with Dario Saric.

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Fischer’s Latest: Washington, Stewart, Hornets, Herro

July 14th, 2023 at 10:51am CST by Luke Adams

After Miles Bridges put himself on track for unrestricted free agency in 2024 by accepting his qualifying offer as a restricted free agent last week, the Hornets will probably want to avoid putting P.J. Washington on a similar path, writes Jake Fischer of Yahoo Sports. However, it remains to be seen whether the Hornets and Washington will be able to find common ground on a multiyear deal.

According to Fischer, coming into Summer League, league personnel believed that Washington and the Hornets remained far apart in their discussions on a four-year contract, though there was some optimism they’d come to terms after Summer League.

Marc Stein has reported that Washington is seeking $18MM+ annually, while Fischer previously suggested that the Charlotte forward may be looking for $20MM per year. In his latest article, Fischer says Washington still hasn’t received an offer from the Hornets that matches or exceeds what Isaiah Stewart got on his new extension with Detroit ($15MM in guaranteed money per year; up to $16MM annually with incentives).

Because teams around the NBA are essentially limited to mid-level money at this point, a sign-and-trade would be necessary to get Washington his desired salary from a non-Hornets team. While it’s not clear whether there’s a club out there with serious interest in such a scenario, Fischer says Charlotte would probably prefer a sign-and-trade over Washington accepting his qualifying offer.

Here’s more from Fischer:

  • Before he signed his extension, Stewart had generated more trade inquiries in 2023 than any player on the Pistons‘ roster besides Cade Cunningham, sources tell Fischer. The fact that the big man signed a rookie scale extension so early in the offseason indicates that he’s not going anywhere anytime soon.
  • With the Hornets undergoing an ownership change, there’s a sense in league circles that president of basketball operations Mitch Kupchak and head coach Steve Clifford could be on the hot seat in 2023/24, Fischer writes. Even if the Hornets’ new owners aren’t eager to make an immediate change, Kupchak and Clifford are each entering the final guaranteed year of their respective contracts, Fischer notes, so next offseason might be a logical time to shake things up anyway.
  • According to Fischer, league personnel are optimistic that if Tyler Herro is included in a Damian Lillard trade with the Heat, the Trail Blazers will be able to flip Herro to a third team for at least a first-round pick.
  • In case you missed it, we passed along several notes and rumors from Fischer on Wednesday.
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Hornets Notes: Washington, Bouknight, Nnaji, Smith

July 10th, 2023 at 11:59am CST by Arthur Hill

P.J. Washington is willing to consider accepting his qualifying offer if he can’t reach an agreement on a new contract with the Hornets, sources tell Sean Deveney of Heavy.com. Some progress has been made in negotiations, according to Deveney’s sources, but the team still hasn’t offered a number that would convince Washington to commit to a long-term deal. Accepting the $8.5MM QO would make him an unrestricted free agent in 2024.

Washington is the best player on our list of the top 50 free agents who remains unsigned. He reclaimed his role as a full-time starter last season and averaged a career-best 15.7 PPG in 73 games.

Teammate Miles Bridges accepted his $7.9MM qualifying offer after originally seeking a new deal starting at $20MM per season, so the Hornets could have more money than expected to offer Washington, Deveney adds. Charlotte might be reluctant to have both Washington and Bridges on the open market next summer, and Deveney points out that the new ownership group may also work in Washington’s favor.

There’s more on the Hornets:

  • James Bouknight has been spending a lot of time in the weight room as he tries to earn a spot in the team’s rotation, writes Roderick Boone of The Charlotte Observer. Bouknight was a lottery pick in 2021, but he h as only played in 65 combined games during his first two seasons. He hopes to impress the coaching staff with his approach to the game during Summer League. “I’m not going out there and trying to score 20 points, 30 points,” Bouknight said. “I’m just going out there and working on the stuff that we need to use during the season. Continue to be in the right spots on defense — whether it’s making the right pass, making the right decision. Just working on what we need during the year.” 
  • James Nnaji‘s debut was delayed while he awaited his international clearance from FIBA, Boone adds. The second-round pick missed Charlotte’s first three practices and its first game at the California Classic while waiting for the clearance to be approved. “It was frustrating because I thought FIBA could write it and give it right away,” Nnaji said. “But they were delayed the whole time, and it was out of my control.”
  • The Hornets feel fortunate that they were able to grab Nick Smith Jr. with the 27th pick after concerns about his knees caused him to slide, per Matt Ryan of The Charlotte Observer. Summer League head coach Marlon Garnett has been impressed with Smith’s work ethic. “I would much rather have a guy like that,” Garnett said, “that you have to tone down a little bit so he can channel all that energy and make sure he’s in the right place at the right time, that he’s not getting spread out in situations, than to have somebody who maybe comes off as really lazy and casual and you got to kind of like amp him up.”
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Fischer’s Latest: Bridges, Washington, Pelicans, Dosunmu, More

July 5th, 2023 at 9:21pm CST by Rory Maher

Prior to signing his $7.9MM qualifying offer, Miles Bridges was seeking around $25MM per year in talks with the Hornets, sources tell Jake Fischer of Yahoo Sports. However, Charlotte was unwilling to approach that figure, which is why Bridges’ representatives quickly opted for unrestricted free agency in 2024.

Bridges was ineligible to be included in a sign-and-trade because he wasn’t on the team’s roster last season, having missed all of 2022/23 after facing a felony domestic violence charge. He agreed to a plea deal and was subsequently suspended by the NBA, who will require him to sit out the first 10 games of ’23/24.

Prior to that incident, Bridges was viewed as one of the top free agents of the 2022 class, having averaged 20.2 PPG, 7.0 RPG, and 3.8 APG on 49.1% shooting in 80 games (35.5 MPG) in ’21/22. There was talk of him receiving $30MM annually in an offer sheet last year, according to Fischer, with the Pacers, Pistons and Grizzlies all linked to the 25-year-old forward.

Here’s more from Fischer’s latest story for Yahoo Sports:

  • Hornets restricted free agent forward P.J. Washington might have to wait a while in order to find the type of contract he’s seeking, and it might have to come via sign-and-trade. Marc Stein first reported that the former first-round pick is seeking around $18MM annually. According to Fischer, Washington is looking for $80MM over four years. Fischer writes that several agents seem to be pointing to Keldon Johnson‘s rookie scale extension with the Spurs as a benchmark of sorts in negotiations.
  • The Pelicans continue to gauge the trade market for reserve guard Kira Lewis Jr. and starting center Jonas Valanciunas, sources tell Fischer. Lewis is entering the final year of his rookie scale contract and could become a restricted free agent next summer, while Valanciunas’ $15.4MM deal is expiring.
  • Fischer hears the recent conversations between the Hawks and Raptors haven’t been very productive when it comes to a potential Pascal Siakam deal. On an unrelated note, Fischer also reports there’s optimism within Atlanta’s organization that the team will be able to extend Dejounte Murray.
  • The Raptors have expressed interest in Bulls guard Ayo Dosunmu, Fischer reports. However, it’s unclear if they’ll try to make a run at the restricted free agent via an offer sheet or sign-and-trade.
  • Like other reporters, Fischer has heard there’s mutual interest in a reunion between the Sixers and restricted free agent big man Paul Reed.
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Stein’s Latest: RFAs, Washington, Mavs, Bol, JVG, Bojan

July 5th, 2023 at 2:23pm CST by Luke Adams

There has been more buzz in recent days about restricted free agents Grant Williams and Matisse Thybulle – who reportedly intends to sign an offer sheet with Dallas – than Hornets RFA P.J. Washington, Marc Stein writes in his latest Substack article. As Stein explains, there are a couple reasons for that.

For one, the Hornets are in a better position to a match a rival offer sheet than Boston or Portland. The Celtics project to be well over the luxury tax line, while the Trail Blazers still aren’t certain what their books will look like after they finalize a Damian Lillard trade.

Additionally, while the Celtics and Trail Blazers would both have to weigh whether or not to match offer sheets signed using the mid-level exception, such a deal would presumably be an automatic match for the Hornets with Washington. According to Stein, Washington is believed to be seeking a deal in the range of $18MM per year.

Here’s more from Stein:

  • Following up on a report that the Magic and Mavericks discussed a trade involving Bol Bol around the time of the draft, Stein explains that Dallas pitched the idea of taking on Bol as a salary dump along with Orlando’s No. 36 overall pick. The Magic turned down that proposal and ended up moving No. 36 for a 2030 second-round pick and cash.
  • Jeff Van Gundy, who was recently let go by ESPN, told the Mavericks he wasn’t interested in a job as an assistant on Jason Kidd‘s coaching staff, according to Stein, who says that it’s not yet known whether Van Gundy will attempt to return to coaching in some form or seek another broadcasting opportunity.
  • While teams around the league remain interested in acquiring forward Bojan Bogdanovic, the Pistons have held firm on their stance that they plan to keep the sharpshooting veteran, says Stein. There seems to be little concern about the Achilles issue that sidelined Bogdanovic for Detroit’s final 18 games, Stein adds, noting that the general sense is that the Pistons were just being “extra cautious,” with little to play for.
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Washington, Williams, Thybulle Among RFAs Still Available

July 4th, 2023 at 1:00pm CST by Luke Adams

Of the eight free players on our list of top 50 free agents who have yet to reach new deals, five are restricted free agents. Those five restricted free agents are also the only ones still available at all (not including those coming off on two-way deals). Those players are as follows:

While I’m sure these five players would’ve preferred to agree to lucrative new contracts in the opening hours of free agency, it’s not necessarily an ominous sign that they’ve yet to line up new deals four days later. It can sometimes take a little longer for the market for restricted free agents to develop, but it doesn’t mean they won’t get paid.

A year ago, for instance, Deandre Ayton didn’t sign his maximum-salary offer sheet with the Pacers (which was quickly matched by the Suns) until July 14, two weeks after the start of free agency. Collin Sexton, who received a four-year, $71MM in a sign-and-trade deal that sent him to Utah as part of the Donovan Mitchell blockbuster, didn’t resolve his restricted free agency until September.

The same thing happens with a few restricted free agents just about every year. In 2021, RFAs like Josh Hart (three years, $38MM) and Lauri Markkanen (four years, $67MM) took multiple weeks to reach new contract agreements.

In other words, there’s still plenty of time for Washington, Williams, Thybulle, Dosunmu, and Reed to find deals they like.

Washington, Williams, and Thybulle, in particular, seem like good bets to cash in sooner or later. A report over the weekend indicated that Washington was drawing interest from multiple teams besides the Hornets. Williams has reportedly received interest from Charlotte and Dallas, with the Mavericks also said to be keeping an eye on Thybulle.

It would be a surprise if any of them had to settle for a below-market deal. It sounds like teams are still in the process of figuring out if an offer sheet will be an exercise in futility or if there’s a legitimate chance to pry away one of those players from his current club — and if so, what the price point would be.

There hasn’t been as much chatter about Dosunmu or Reed, but there haven’t been any red flags on either front. Their qualifying offers ($5.2MM for Dosunmu; $2.3MM for Reed) remain in place as one-year fallback options.

The Spurs are the one team that still has enough cap room to make a strong play for any of those top RFAs, if they so choose. The Rockets may also be able to offer more than the full mid-level, depending on how all their moves shake out, and teams below the tax apron are free to try to negotiate sign-and-trades.

It has become pretty rare for restricted free agents to change teams via offer sheets, but sign-and-trade deals aren’t uncommon — they get the player to his preferred landing spot while ensuring that his old team picks up an asset or two.

There are still several unrestricted free agents whose landing spots will be worth watching too, including Christian Wood, Kelly Oubre, Hamidou Diallo, Jaylen Nowell, and Dario Saric. But at this point in free agency, it’s the RFA market that looks more intriguing.

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Checking In On NBA’s Top Remaining Free Agents

July 2nd, 2023 at 7:29am CST by Luke Adams

Technically, most of this year’s top free agents remain unsigned. Until the moratorium in place at the start of the 2023/24 league year lifts at 11:01 am Central time on July 6, most of them are ineligible to sign their new contracts.

However, within the last 40-ish hours, 36 of the players from our list of 2023’s top 50 free agents have taken themselves off the market by reaching contract agreements with teams around the league.

[RELATED: 2023 NBA Free Agent Tracker]

While those are just tentative agreements and could still fall apart, that usually doesn’t happen more than once or twice in a given offseason, so it’s safe to pencil those deals in for the time being and assume those free agents are off the board.

So who does that leave? As of early Sunday morning, here are the top free agents from our top-50 list who have yet to agree to new deals:

  1. Miles Bridges, F, Hornets (RFA)
  2. P.J. Washington, F, Hornets (RFA)
  3. Grant Williams, F, Celtics (RFA)
  4. Christian Wood, F/C
  5. Kelly Oubre, F
  6. Eric Gordon, G
  7. Malik Beasley, G/F
  8. Matisse Thybulle, F, Trail Blazers (RFA)
  9. Lonnie Walker, G/F
  10. Mason Plumlee, C
  11. Ayo Dosunmu, G, Bulls (RFA)
  12. Torrey Craig, F
  13. Hamidou Diallo, G
  14. Paul Reed, F/C, Sixers (RFA)

The Hornets are very much in the mix for all three of the remaining free agents in our top 20. As long as their qualifying offers to Washington and Bridges remain on the table, they control those players’ free agencies, with the ability to match any offer sheet they sign.

A report on Saturday indicated Charlotte is also mulling the possibility of an offer sheet for Williams. If the Hornets went ahead with a pursuit of the Celtics forward, it would presumably mean moving on from at least one of Bridges or Washington. According to Michael Scotto of HoopsHype, Washington has received interest from a few other teams and may be looking at a deal in the range of the one Rui Hachimura got from the Lakers (three years, $51MM).

Since being restricted can slow down the free agency process for players who don’t quickly negotiate a deal with their own teams, it’s possible there won’t be resolution right away for Thybulle, Dosunmu, and Reed. However, the rest of the players in this group are unrestricted and could move faster.

Scotto also has an update on Beasley, reporting today that the veteran shooter has drawn interest from the Sixers, Suns, Raptors, Mavericks, Bucks, and Warriors since reaching free agency. Some of those teams are limited to a minimum-salary offer.

The Kings and Pistons are among the teams that have displayed interest in Craig, according to Scotto, who notes that Detroit’s new head coach Monty Williams was a fan of the wing in Phoenix.

The following free agents were noted in the honorable mention section of our top-50 list and aren’t yet spoken for:

Here are our full lists of free agents by position/type and by team.

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Free Agency Rumors: G. Williams, Hornets, VanVleet, Blazers, Tavares

July 2nd, 2023 at 12:17am CST by Luke Adams

The Hornets are mulling the possibility of an offer sheet for Celtics restricted free agent forward Grant Williams, sources tell Michael Scotto of HoopsHype (Twitter link). Williams has also drawn some interest from the Mavericks, according to Scotto.

The Hornets are currently operating as an over-the-cap team, which means they could offer up to the full $12.4MM mid-level exception in a deal for Williams. They have a potential path to creating cap room to make a stronger bid, but it would require renouncing the cap holds for multiple free agents, including their own RFA forwards P.J. Washington and Miles Bridges. The Hornets have also engaged in contract discussions with Washington, Scotto reports.

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

  • The third and final season of Fred VanVleet‘s new three-year deal with the Rockets will be a team option, according to Jackson Gatlin of Locked on Rockets (Twitter link). A non-guaranteed third year makes the deal look considerably more team-friendly — and considerably more like the two-year offer the Rockets were originally said to be preparing for the veteran point guard.
  • Veteran center Edy Tavares, a second-round pick in 2014, has received a contract offer from the Trail Blazers, sources tell Donatas Urbonas of BasketNews.com. Tavares played just 13 games during his initial NBA stint, but is apparently earning another look after several strong seasons with Real Madrid, with whom he has won two EuroLeague titles and earned three All-EuroLeague First Team nods. However, Tavares’ contract includes a significant buyout, which may preclude a move stateside, Urbonas explains. His deal with Real Madrid will expire in 2024 if he doesn’t sign an extension before then.
  • Donte DiVincenzo drew “strong” interest from three other teams during his free agency before he agreed to sign with New York, reports Ian Begley of SNY.tv (Twitter link). While DiVincenzo’s Villanova connection to Jalen Brunson and Josh Hart was a factor in his decision to join the Knicks, he also believes his new team can be a contender. “He wants to win and has a great opportunity to do so in New York,” a source said to Begley.
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Hornets Extend QOs to Washington, Bridges, Maledon

June 28th, 2023 at 4:44pm CST by Arthur Hill

The Hornets have made qualifying offers to P.J. Washington, Miles Bridges and Theo Maledon, the team announced (via Twitter). All three players will be restricted when free agency begins on Friday.

Washington will be a highly sought-after target on the free agent market, and extending the QO gives Charlotte the opportunity to match any offer he receives. The 24-year-old power forward is coming off his best NBA season, averaging 15.7 points, 4.9 rebounds and 2.4 assists in 73 games. His qualifying offer will be $8,486,620.

Charlotte is reportedly interested in bringing back Bridges, who sat out sat out all of last season after pleading no contest to felony domestic violence. General manager Mitch Kupchak declined to comment on Bridges at a post-draft press conference, but rival front offices believe he’ll re-sign with the Hornets. Bridges’ qualifying offer is worth $7,744,600.

Maledon appeared in 44 games for Charlotte after signing a two-way contract shortly before the start of last season. His qualifying offer is equivalent to another one-year, two-way deal.

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