Pete Nance Rumors | Hoops Rumors

Sixers Trade Reggie Jackson, First-Round Pick To Wizards For Jared Butler, Four Second-Rounders

February 6th, 2025 at 1:20pm CST by Luke Adams

1:20 pm: The trade is official, according to a press release from the Sixers. Philadelphia waived two-way player Pete Nance in order to complete the deal.

9:19 am: The Sixers and Wizards have agreed to a trade, according to Michael Scotto of HoopsHype, who reports (via Twitter) that Washington will acquire a 2026 first-round pick from Philadelphia in exchange for four second-rounders.

A pair of players will also be involved in the deal, per Marc Stein of The Stein Line (Twitter link), with veteran guard Reggie Jackson headed to the Wizards and two-way player Jared Butler going to the 76ers.

According to Stein (Twitter links), the 2026 first-rounder Washington is acquiring will be the least favorable of the Thunder’s, Rockets’, and Clippers’ picks for that year. Houston’s first-rounder is technically top-four protected, though that’s extremely unlikely to affect which pick the Wizards receive.

Philadelphia, meanwhile, will receive second-rounders in 2027 and 2028, along with two in 2030, Stein adds. Here are the exact details on those four second-rounders, per Adam Aaronson of PhillyVoice (Twitter link):

Either the Warriors’ or Suns’ 2027 second-round pick (whichever is most favorable).
The Warriors’ 2028 second-round pick.
The Wizards’ 2030 second-round pick.
Either the Suns’ or Trail Blazers’ 2030 second-round pick (whichever is most favorable).

It’s a consolidation trade for the Wizards, who are taking on a little extra salary (Jackson is on a one-year, minimum-salary contract) and dipping into their huge collection of excess second-round picks in order to add a guaranteed first-round selection. Washington will still have 14 second-rounders at its disposal going forward.

As for the Sixers, they’re sacrificing a first-round pick that will likely end up in the 20s — or even at No. 30, if the Thunder are as good next season as they’ve been this year. They’ll also still control their own first-rounder in 2026 (assuming their top-six protected 2025 pick conveys this year) and have now replenished their collection of second-rounders going forward.

On top of that, Philadelphia will create a little extra financial flexibility below the luxury tax line – they’re now $3.5MM below that threshold, according to ESPN’s Bobby Marks (Twitter link) – and will get a chance to take a flier on Butler, who has been solid in a limited role in Washington.

Butler has averaged 6.9 points, 2.6 assists, and 1.3 rebounds in 11.3 minutes per game, with a shooting line of .483/.366/.778, across 32 appearances off the bench this season. The former No. 40 overall pick could be a candidate for a promotion to the Sixers’ standard roster, since he’s nearing his 50-game NBA limit for the season.

Conversely, I wouldn’t expect Jackson to factor into the Wizards’ rest-of-season plans. The veteran guard is averaging just 4.4 PPG and 1.5 APG in 12.4 MPG (31 games) this season, with a .391/.338/.778 shooting line. Josh Robbins of The Athletic confirms (via Twitter) that Jackson will likely be traded or waived by Washington.

Having waived Sidy Cissoko earlier today, Washington has an open spot on its standard roster to take in Jackson. The move will create an open two-way slot for the Wizards.

The Sixers will create another opening on their 15-man roster – they’ll have three once this deal and their KJ Martin trade are official – but will need to cut a two-way player to acquire Butler.

Sixers Notes: Injuries, Nance, Athleticism, Arena

January 14th, 2025 at 5:44pm CST by Luke Adams

In addition to being without Joel Embiid, Kyle Lowry, and Andre Drummond, as we relayed earlier, the Sixers have also ruled out Paul George (right ankle soreness), Tyrese Maxey (left hand sprain), and Caleb Martin (right groin soreness) for Tuesday’s game vs. Oklahoma City, per Keith Pompey of The Philadelphia Inquirer (Twitter links).

On the plus side, Drummond and KJ Martin, who has been out since December 23 due to a left foot stress reaction, have resumed on-court work, Pompey notes (via Twitter). Drummond and Embiid are considered day-to-day, while KJ Martin’s return timeline is TBD.

In total, eight players are unavailable against the Thunder, so the Sixers will roll with a skeleton crew that includes a starting lineup of Reggie Jackson, Eric Gordon, Ricky Council, Kelly Oubre, and Guerschon Yabusele, tweets Pompey. It’s the first end of a back-to-back set for Philadelphia, so the team will hope to be a bit more whole on Wednesday vs. New York.

Here’s more on the 76ers:

After waiving Pete Nance last Tuesday, the Sixers spent the week surveying the free agent market and considering other options for their open two-way slot, Pompey reports (Twitter link). However, given Embiid’s and Drummond’s injuries, the club ultimately decided that a big man was its biggest need, which is why Nance was re-signed to a new two-way deal earlier today.
Within his takeaways from Sunday’s loss to Orlando, Pompey writes that the veteran Sixers couldn’t keep up with the more youthful Magic, suggesting that Philadelphia’s roster could benefit from an influx of athleticism.
In an in-depth story for The Inquirer, Sean Collins Walsh and Alex Coffey take a closer look at how the Sixers and Comcast Spectacor reached an agreement to keep the team in South Philadelphia, including the role that NBA commissioner Adam Silver played in thawing out an icy relationship between the two sides.

Pete Nance Returns To Sixers On Two-Way Contract

January 14th, 2025 at 8:59am CST by Arthur Hill

After waiving Pete Nance last week, the Sixers announced (via Twitter) that they have re-signed him to a two-way contract.

The 24-year-old power forward originally joined the team on a two-way deal on December 3. Philadelphia saved a little bit of money by parting with Nance for a week, but his new contract – which doesn’t count against the cap – will be guaranteed for the rest of the season.

Nance appeared in one game with the Sixers, playing three minutes December 30 at Portland. He also saw action in 14 G League contests with the Cleveland Charge and Delaware Blue Coats, averaging 16.7 points, 6.9 rebounds, 3.2 assists and 1.6 blocked shots while shooting 50% from the field.

Nance, the younger brother of Hawks big man Larry Nance Jr., appeared in eight games last year on a two-way contract with Cleveland. He was waived in October just before the season started and got the opportunity with Philadelphia a few weeks later.

The Sixers have all three of their two-way slots filled again, with Justin Edwards and Jeff Dowtin holding the other two. Golden State and Orlando are the only remaining teams with openings, as our two-way contract tracker shows.

Sixers Cut Two-Way Player Pete Nance

January 7th, 2025 at 4:15pm CST by Luke Adams

The Sixers have placed two-way player Pete Nance on waivers, the team announced today (via Twitter).

Nance, who is the younger brother of Hawks big man Larry Nance Jr., signed with Philadelphia a little over a month ago after beginning the season with the Cleveland Charge, the Cavaliers’ G League affiliate. He appeared in one NBA game for the Sixers and five G League contests for the Delaware Blue Coats during his time on a two-way deal with the organization.

Across 13 total NBAGL outings for the Charge and the Blue Coats this season, Nance has averaged 17.1 points, 6.8 rebounds, 3.2 assists, and 1.8 blocks in 34.3 minutes per game. He posted a solid shooting line of .500/.375/.731 in those 13 appearances.

The Charge would hold Nance’s rights if he decides to return to the G League.

Although the contracts for two-way players don’t count against the salary cap, their salaries become fully guaranteed if they remain under contract through January 7. Nance will receive only a prorated portion of his two-way salary for the month-plus he spent under contract with the 76ers, who will become one of three teams around the NBA with an open two-way slot.

Sixers Sign Pete Nance To Two-Way Deal, Waive Quinones

December 3rd, 2024 at 9:19am CST by Dana Gauruder

DECEMBER 3: The Sixers have officially signed Nance and waived Quinones, the team announced today in a press release.

DECEMBER 2: The Sixers have agreed to a two-way contract with Pete Nance, ESPN’s Tim Bontemps tweets.

Nance is the younger brother of veteran NBA forward Larry Nance Jr. Pete has played eight games this season in the G League’s Showcase Cup for the Cleveland Charge, the Cavaliers’ affiliate. He’s averaging 18.2 points, 6.8 rebounds, 3.5 assists and 2.0 blocks per contest.

The 6’10” Nance also played in the NBAGL for most of last season. He made eight NBA appearances with the Cavs but averaged just 3.4 minutes in those games.

Nance participated in camp with the Cavs this fall, but was waived in October. He signed a two-way contract with Cleveland in February but wasn’t offered another one. He went undrafted in 2023.

With centers Joel Embiid and Andre Drummond sidelined by injuries and — in Embiid’s case — personal reasons, the Sixers were seeking another frontcourt option in the short run.

As our two-way contract tracker shows, Philadelphia has three players currently signed to two-ways and will have to drop one of them to make room for Nance. According to Michael Scotto of HoopsHype (Twitter link), the odd man out will be guard Lester Quinones.

Quinones, who has appeared in four games with the Sixers this season, signed a two-way contract in September after playing for Golden State last season.

Cavaliers Waive Pete Nance, Jules Bernard

October 19th, 2024 at 3:53pm CST by Tristan Tucker

The Cavaliers waived forward Pete Nance and guard Jules Bernard, according to a team press release. Cleveland also formally announced the previously reported Zhaire Smith and Jacob Gilyard cuts.

Nance spent most of last season in the G League with the Cleveland Charge before signing a two-way contract with the team in February. He only played in eight NBA games with limited minutes, but he averaged 13.3 points, 8.1 rebounds, 2.9 assists and 1.4 blocks while making 35.8% of his three-point attempts.

The five-year college player spent time at Northwestern before transferring to UNC for his final season. He then went undrafted in 2023. Nance, the younger brother of Pelicans forward Larry Nance Jr., wasn’t kept on a two-way deal this season but is expected to once again suit up for Cleveland’s G League affiliate.

Like Nance, Bernard began his career in the G League. The UCLA product played four years collegiately before going undrafted in 2022. He suited up for Washington’s G League affiliate the past two seasons before agreeing to a two-way deal with the Wizards in December of last year.

Bernard played a bit at the NBA level, getting into 19 games and averaging 3.9 PPG. He played more in the G League, averaging 20.0 points, 6.1 rebounds and 3.8 assists while shooting 35.9% from three. The Wizards opted not to bring him back, leading to him catching on with the Cavs for training camp.

Both players are eligible for a bonus worth $77.5K if they spend at least 60 days with Cleveland’s G League team, the Charge.

The Cavaliers’ roster now stands at 17 players, with 14 on standard deals and three on two-way contracts.

Cavaliers Sign Jacob Gilyard, Zhaire Smith

September 25th, 2024 at 7:14am CST by Luke Adams

SEPTEMBER 25: Gilyard and Smith have each officially signed with the Cavs, per RealGM’s transaction log.

Having cut Tomlin and Osabuohien on Tuesday, Cleveland is back up to 21 players under contract, with Nance’s deal now official too.

SEPTEMBER 24: Free agent guards Jacob Gilyard and Zhaire Smith are signing Exhibit 10 contracts with the Cavaliers, reports Chris Fedor of Cleveland.com (subscription required).

Gilyard, 26, spent last season on two-way deals with the Grizzlies and Nets, appearing in a total of 41 games for the two teams. The 5’9″ point guard held his own in a rotation role for Memphis, averaging 4.7 points and 3.5 assists with a .425 3PT% in 17.7 minutes per game across 37 outings (14 starts).

However, two-way players can’t be active for more than 50 NBA games, so with Gilyard just about at that limit, the Grizzlies opted to waive him rather than promote him, putting him on track to finish the season in Brooklyn. He became an unrestricted free agent this summer after the Nets opted not to tender him a two-way qualifying offer.

As for Smith, the former No. 16 overall pick spent most of last season with the Cleveland Charge in the G League, briefly earning an NBA call-up on a 10-day contract with the Cavaliers in February. In 47 Showcase Cup and regular season games for the Cavs’ NBAGL affiliate, the 6’4″ guard averaged 13.3 points, 4.1 rebounds, and 1.8 assists in 33.0 minutes per contest, posting an impressive shooting line of .539/.394/.836.

Since Cleveland controls Smith’s G League returning rights and recently acquired Gilyard’s rights in a trade with the Memphis Hustle, the plan will likely be for both players to report back to the Charge this fall. Their Exhibit 10 contracts will make them eligible for bonuses worth up to $77.5K as long as they spend at least 60 days with the Cavs’ G League team.

According to Fedor, before they’re waived, Gilyard and Smith will get the opportunity to attend training camp with the Cavs along with fellow invitees Pete Nance and Jules Bernard. A report on Monday indicated that those two players, along with Nae’Qwan Tomlin and Gabe Osabuohien, had agreed to Exhibit 10 deals with Cleveland. Fedor confirms that reporting, but says Tomlin and Osabuohien are expected to be waived before camp begins.

The Cavs’ deals with Bernard, Tomlin, and Osabuohien are now official, per RealGM’s transaction log.

The Cavs are already carrying 14 players on standard contracts and three on two-way deals, so they’ll be at the 21-man limit once their back-of-the-roster transactions are complete.

Cavs Adding Four Players To Fortify Camp Roster

September 23rd, 2024 at 8:06pm CST by Dana Gauruder

The Cavaliers have agreed to training camp deals with Pete Nance, Jules Bernard, Nae’Qwan Tomlin and Gabe Osabuohien, Michael Scotto of HoopsHype tweets.

Cleveland had 17 players, including two-way contracts, on its roster. If the Cavs don’t make any additional moves after finalizing these newly reported deals, they’ll have a full 21-man roster entering training camp.

Nance is a familiar name to Cavs fans. He finished last season on a two-way contract with Cleveland and also played on the Cavs’ Summer League team. The 24-year-old forward appeared in eight Cavs games last season.

Bernard, a 24-year-old guard, played 19 games for the Wizards last season on a two-way contract. The Cleveland Charge, the team’s NBA G League squad, recently acquired his returning rights.

Tomlin is an undrafted rookie forward out of Memphis. Osabuohien, another forward, has spent the last two seasons with the Charge.

Cavs Notes: Roster, Okoro, Bates, Nance, Travers

August 10th, 2024 at 2:27pm CST by Luke Adams

The Cavaliers are still carrying just 10 players on standard guaranteed contracts for the 2024/25 season. However, the team doesn’t appear likely to make a series of roster additions before the regular season begins.

Craig Porter, who has a partially guaranteed salary, and Sam Merrill, who has a non-guaranteed deal, are penciled in as the 11th and 12th players on the 15-man regular season roster. And, as Chris Fedor of Cleveland.com explains, one of the other roster openings remains earmarked for restricted free agent Isaac Okoro. There hasn’t been any movement recently in negotiations with Okoro, per Fedor, with Cleveland having made its position clear to the forward’s camp.

If Okoro returns as the 13th man, the 14th spot on the roster would likely be reserved for a “cost-effective, playable, end-of-bench veteran,” according to Fedor, who suggests that the ideal target would be a player who could provide depth and locker room leadership, like Tristan Thompson did last season.

New Cavaliers head coach Kenny Atkinson, who is serving as an assistant for the French national team, is expected to meet with members of Cleveland’s front office after the Olympics to discuss what he’s looking for with that 14th roster spot, as well as possible targets, Fedor writes.

As for the 15th spot, the plan is to leave it open to begin the regular season in order to save some money and maximize the team’s roster flexibility, Fedor concludes.

Here’s more on the Cavs:

Cleveland doesn’t yet have any players signed to two-way contracts for the coming season, but Fedor expects Emoni Bates to return in one of those slots. A two-way qualifying offer remains on the table for Bates, making him a restricted free agent. Pete Nance, who finished last season on a two-way contract and played a significant role on the Cavs’ Summer League team, is another strong candidate for a two-way deal, Fedor adds.
When draft-and-stash prospect Luke Travers left Melbourne United to pursue other professional opportunities, he made that decision in conjunction with the Cavs, sources tell Cleveland.com. However, the plan for Travers remains up in the air — having him sign a two-way contract is the most logical outcome, but it isn’t a certainty yet, says Fedor.
As Fedor observes, as long as the Cavs are carrying just 14 players on their standard roster instead of 15, their two-way players are limited to 90 total games (instead of 50 apiece), meaning Travers could spend plenty of time in the G League with the Cleveland Charge if he comes stateside on a two-way deal. That might be fine with him, but Fedor suggests that a deal in Europe – where he’d presumably have a bigger role than he would in the NBA – is another option that may still be in play for the 22-year-old Australian wing. The Cavs could also trade Travers’ NBA rights, though there’s no indication they’re pursuing that path.

Cavaliers Sign Pete Nance To Two-Way Deal

February 19th, 2024 at 3:50pm CST by Rory Maher

The Cavaliers have signed free agent forward Pete Nance to a two-way contract, the team announced in a press release.

An undrafted rookie who played four college seasons at Northwestern and a fifth at North Carolina, Nance made two brief appearances with the Cavs last month while on a 10-day contract. That deal expired on January 27, making Nance an unrestricted free agent.

Nance was signed to an Exhibit 10 contract in September by the Cavs, then waived during training camp. He has spent the majority of 2023/24 with the Cleveland Charge, the Cavs’ G League affiliate.

In 29 Showcase Cup and regular season games with the Charge, he has averaged 13.6 PPG, 7.9 RPG, 3.1 APG and 1.5 BPG on .471/.353/.795 shooting.

The Cavs had an open two-way slot after promoting Craig Porter, so no further roster moves were necessary to sign Nance, who turned 24 years old today. Nance is the son of former Cavs legend Larry Nance and the younger brother of Larry Nance Jr., who spent parts of four seasons with Cleveland.