Spencer Dinwiddie Rumors | Hoops Rumors

Southeast Notes: Butler, Thor, Magic, Dinwiddie

August 9th, 2021 at 8:19pm CST by Alex Kirschenbaum

After finalizing his new four-year, maximum contract extension over the weekend, All-NBA Heat swingman Jimmy Butler spoke about why he wanted to commit to Miami long-term, according to Anthony Chiang of the Miami Herald.

“They allow me to be me here, love who I am as a person and player,” Butler said of the Heat organization. “Love the guys I have an opportunity to hoop with. I think we’ll be a really good team. We’re consistently getting better, adding the right amount of vets to get over the hump and win a championship. It means everything to me to represent this great organization.”

Butler, who turns 32 in September, said that he wants to finish his career in Miami.

“It’s a place for me,” Butler said. “Teammates allow me to be me. When I’m wrong, they’re going to tell me I’m wrong. When I’m right they still probably tell me I’m wrong. I love them for that. Blessing to play with these guys and [head coach Erik Spoelstra] and [team president] Pat Riley.”

A four-time All-NBA selection, five-time All-Star, and five-time All-Defensive Team member while with the Bulls, Timberwolves and Heat (he did not earn any of these honors with his other NBA team, the Sixers), Butler showed no signs of slowing down during the 2020/21 regular season. He averaged 21.5 PPG on 49.7% shooting from the field and 86.3% from the free-throw line, as well as career-best averages of 7.1 APG, 6.9 RPG, and 2.1 SPG.

There’s more out of the Southeast Division:

Hornets rookie power forward JT Thor was signed to a four-year deal, with the first two seasons guaranteed, using some of Charlotte’s cap space, reports Bobby Marks of ESPN (Instagram video link). The 18-year-old big man was selected with the No. 37 pick out of Auburn in this year’s draft.
The young core of the rebuilding Magic – including rookie lottery picks Jalen Suggs and Franz Wagner, along with second-year point guard Cole Anthony – is exhibiting encouraging signs of development during NBA Summer League in Las Vegas, writes Dan Savage of Magic.com. “It’s about them developing camaraderie, and their ability to just tie together and move forward growing together,” new head coach Jamahl Mosley said of the Summer League squad. “Just continuing to build off each other and for each other.”
After having waived shooting guard Dwayne Bacon this weekend, the Magic project to have an open 15th roster spot, Josh Robbins of The Athletic tweets. Robbins anticipates Orlando will probably leave this final roster spot available in case an opportunity arises for the team to take on an unwanted contract – along with a draft pick – into its sizable trade exception.
New Wizards starting point guard Spencer Dinwiddie has several intriguing incentives in his three-year, $62MM deal with Washington, as Michael Scotto of HoopsHype details (Twitter link). Dinwiddie will earn a $1.5MM bonus if he plays in 50+ games, $100K if the Wizards win a first-round playoff series, $571K should the Wizards make the Eastern Conference Finals, and $400K if the Wizards qualify for the NBA Finals. As Bobby Marks of ESPN (Instagram video link) first reported, Dinwiddie would net a scant $1 bonus for winning the NBA Finals. Marks added in the same video that the partial guarantee on Dinwiddie’s 2023/24 salary will become fully guaranteed if he plays in 50+ games during the 2022/23 season.

Eastern Contract Details: Lowry, Birch, Heat, Dinwiddie, Niang, More

August 8th, 2021 at 4:30pm CST by Luke Adams

Kyle Lowry‘s new three-year, $85MM contract with the Heat is a standard increasing deal, starting at about $26.98MM and rising annually by 5%, tweets Keith Smith of Spotrac.

Based on Lowry’s 2021/22 salary, we now know the value of the traded player exception the Raptors created in their sign-and-trade deal with the Heat, tweets Blake Murphy of The Athletic. That TPE will be worth $4,832,848, which is the difference between Lowry’s new salary and the combined cap hits of Goran Dragic and Precious Achiuwa.

Murphy also confirms that Khem Birch‘s three-year, $20MM deal with the Raptors is a standard increasing contract with no options or partial guarantees — it eats up about $6.35MM of Toronto’s mid-level exception, leaving $3.187MM on that MLE.

Here are more contract details from around the East, courtesy of Smith:

As expected, the new deals for Max Strus, Omer Yurtseven, and Gabe Vincent with the Heat are each two-year, minimum-salary contracts with one year guaranteed and the second year non-guaranteed (Twitter link). P.J. Tucker, meanwhile, got a two-year, $14.35MM contract that uses $7MM of Miami’s mid-level exception in year one. Tucker’s second year is a player option (Twitter link).
Spencer Dinwiddie‘s three-year contract with the Wizards only has a base value of $54MM, rather than the previously-reported total of $60MM+ (Twitter link). The deal, which features unlikely incentives that could push its value higher, has a partial guarantee worth $10MM (of $18.86MM) in year three.
Georges Niang‘s deal with the Sixers came in at $6.765MM over two years, both of which are fully guaranteed (Twitter link).
Trae Young‘s five-year, maximum-salary extension with the Hawks includes a 15% trade kicker (Twitter link).
The numbers are also in for the finalized deals between Jarrett Allen and the Cavaliers (Twitter link), Bobby Portis and the Bucks (Twitter link), George Hill and the Bucks (Twitter link), and Danny Green and the Sixers (Twitter link), with no surprises among that group. As expected, Green’s second year is non-guaranteed and Portis has a second-year player option, while Allen and Hill have fully guaranteed salaries.

Five-Team Russell Westbrook, Spencer Dinwiddie Trade Now Official

August 6th, 2021 at 8:08pm CST by Luke Adams

The five-team trade involving the Lakers, Wizards, Nets, Spurs, and Pacers, headlined by Russell Westbrook (to Los Angeles) and Spencer Dinwiddie (to Washington) is now official, according to press releases from multiple clubs.

The deal began as a two-team trade sending Westbrook from the Wizards to the Lakers, an agreement that was completed around the start of the draft last Thursday. Later that night, the Wizards and Pacers agreed to a deal sending Aaron Holiday that would be folded into the Westbrook blockbuster.

Subsequently, during free agency, the Wizards and Dinwiddie wanted to find a way to get the point guard to D.C. and ultimately convinced the Nets to accommodate a sign-and-trade. The Spurs entered the mix late to accommodate Washington’s salary-dump of Chandler Hutchison.

Here’s the full breakdown of the deal, based on reports to date:

To Lakers:
- Russell Westbrook (from Wizards)
- The Bulls’ 2023 second-round pick (from Wizards)
- Either the Wizards’ or Grizzlies’ 2024 second-round pick (whichever is least favorable; from Wizards)
- The Wizards’ 2028 second-round pick (from Wizards)
To Wizards:
- Spencer Dinwiddie (sign-and-trade; from Nets)
- Kyle Kuzma (from Lakers)
- Kentavious Caldwell-Pope (from Lakers)
- Montrezl Harrell (from Lakers)
- Aaron Holiday (from Pacers)
- The draft rights to Isaiah Todd (No. 31 pick; from Pacers)
- Cash (from Pacers; $1MM, per Fred Katz of The Athletic)
To Nets:
- Either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is most favorable; from Wizards)
- The right to swap the Warriors’ 2025 second-round pick for the Wizards’ 2025 second-round pick (from Wizards)
- The draft rights to Nikola Milutinov (from Spurs)
To Spurs:
- Chandler Hutchison (from Wizards)
- Either the Bulls’, the Lakers’, or the Pistons 2022 second-round pick (whichever is most favorable; from Wizards)
To Pacers:
- The draft rights to Isaiah Jackson (No. 22 pick; from Lakers)

The Nets also generated the most significant trade exception of any team in the deal — it’ll be worth about $11.5MM.

While it was a fairly minor move for Brooklyn, San Antonio, and Indiana, the deal will significantly reshape the Lakers’ and Wizards’ rosters for the 2021/22 season. Los Angeles consolidated its depth, acquiring a star player who wanted to team up with LeBron James and Anthony Davis, then filled out its roster in free agency.

The Wizards, meanwhile, traded one star for several depth pieces and managed to replace their old point guard with one who will earn less than half of Westbrook’s salary for the next couple seasons. The deal should increase the club’s cap flexibility while fortifying its bench.

Wizards Notes: Trade Negotiations, Dinwiddie, Kuzma, Neto, Avdija

August 5th, 2021 at 9:03am CST by Luke Adams

The Nets, who recognized that Bradley Beal wanted the Wizards to acquire Spencer Dinwiddie and knew they had some leverage in sign-and-trade talks, initially asked Washington for a first-round pick, reports Fred Katz of The Athletic. When they were unsuccessful, the Nets tried to get Washington to part with Deni Avdija or Rui Hachimura, according to Katz.

However, the Wizards held firm in those negotiations and ended up keeping their top assets, instead sending Brooklyn a future second-round pick and a second-round pick swap. The Nets will also generate an $11.5MM trade exception in the deal.

As Katz details, the Wizards also had to sweeten the deal for the Lakers to convince them to loop the Russell Westbrook trade agreement into Washington’s acquisition of Dinwiddie via sign-and-trade, which is why L.A. will be receiving three second-round selections from the Wizards instead of just two.

Finally, Katz reports that the final version of the complex five-team trade will see the Wizards acquire cash considerations from the Pacers. The full breakdown of the trade agreement can be seen on our offseason trade tracker.

Here’s more on the Wizards:

For much of this week, there had been a league-wide assumption that the Wizards may end up rerouting Kyle Kuzma to a new team as part of the Dinwiddie deal, but Washington never included him in trade discussions, according to David Aldridge of The Athletic, who notes that the club has significantly improved its depth with this week’s roster moves.
Raul Neto‘s new deal with the Wizards will be a one-year, minimum-salary contract, according to Katz. Neto will join Dinwiddie and Aaron Holiday on the club’s point guard depth chart.
Although Deni Avdija has been cleared for basketball activities, he’s not playing for the Wizards in Summer League, writes Katz. The club wants to limit the risk of a setback for 2020’s lottery pick, who is recovering from a right fibular hairline fracture.

Wizards To Acquire Spencer Dinwiddie Via Sign-And-Trade

August 4th, 2021 at 11:56pm CST by Luke Adams

11:56pm: The Spurs are sending the draft rights to 2015 first-round pick Nikola Milutinov to the Nets in the five-team trade, according to Fred Katz of The Athletic (Twitter link). That will satisfy the “touching” requirements we outlined below and allow the deal to be officially completed once the moratorium ends on Friday.

Katz adds (via Twitter) that the Wizards have also agreed to trade one more second-round pick (Chicago’s 2023 selection) to the Lakers. Washington is giving up five second-round selections in the deal (three to the Lakers, one to the Spurs, and one to the Nets), as well as a second-round swap (to the Nets).

Finally, Katz reports that the third year of Dinwiddie’s contract will be partially guaranteed (Twitter link).

5:04pm: The Wizards and Spencer Dinwiddie are in agreement on a three-year, $62MM deal that will land the veteran point guard in Washington, reports Shams Charania of The Athletic (Twitter link). The club will acquire Dinwiddie from the Nets via sign-and-trade.

That $62MM figure had been expected for Dinwiddie’s deal with the Wizards, since it’s the most the team could pay him by looping his sign-and-trade into the larger Russell Westbrook deal with the Lakers, notes Fred Katz of The Athletic (Twitter link).

According to Charania (Twitter link), the Nets will receive a second-round pick and a draft-pick swap from the Wizards in the sign-and-trade agreement. The move will also create an $11.5MM trade exception for Brooklyn.

Additionally, the Wizards will trade Chandler Hutchison and a second-round pick to the Spurs as part of the multi-team deal, Charania reports (via Twitter). Moving Hutchison’s $4MM+ salary will allow Washington to remain out of tax territory for now, tweets ESPN’s Bobby Marks.

Adrian Wojnarowski of ESPN (Twitter link) provides the details on the draft assets, reporting that the Wizards are sending a 2022 second-rounder to San Antonio and a 2024 second-rounder to Brooklyn, as well as a 2025 second-round pick swap to the Nets.

The 2022 second-round pick headed to San Antonio will be the most favorable of the Lakers’, Bulls’, and Pistons’ second-rounders, tweets Fred Katz of The Athletic.

That 2025 swap will give Brooklyn a chance to send Golden State’s second-rounder to Washington in exchange for the Wizards’ 2025 second-rounder, tweets Tim Bontemps of ESPN. The 2024 second-rounder will be the more favorable of the Wizards’ and Grizzlies’ selections, Bontemps adds.

In total, Wojnarowski tweets, the deal will include five teams: the Wizards, Nets, Spurs, Lakers, and Pacers. The Westbrook trade agreement and the Wizards’ deal for Aaron Holiday will become part of this larger deal once it’s officially completed after the moratorium lifts on Friday.

Here’s what the full trade should look like, based on the details reported to date:

Wizards to acquire Dinwiddie (via sign-and-trade), Kyle Kuzma, Kentavious Caldwell-Pope, Montrezl Harrell, Holiday, and the draft rights to Isaiah Todd (No. 31 pick).
Lakers to acquire Westbrook, either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is less favorable; from Wizards), and the Wizards’ 2028 second-round pick.
Nets to acquire either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is more favorable; from Wizards) and the right to swap their the Warriors’ 2025 second-round pick for the Wizards’ 2025 second-round pick.
Spurs to acquire Hutchison and either the Bulls’, Lakers,’, or Pistons 2022 second-round pick (whichever is most favorable; from Wizards).
Pacers to acquire the draft rights to Isaiah Jackson (No. 22 pick).

As Eric Pincus of Bleacher Report points out (via Twitter), there will likely be at least one more piece involved between the Nets and Spurs in order to satisfy the rule that every team in a multi-team trade must “touch” two other teams in the deal. As reported so far, Brooklyn and San Antonio are each only receiving assets from (or sending an asset to) the Wizards. That last piece would likely be something minor, such as cash or the draft rights to a stashed player.

In Dinwiddie, the Wizards are getting a 28-year-old point guard who is coming off a lost season. He appeared in just three games before missing the rest of the 2020/21 campaign due to a partially torn ACL. However, Dinwiddie was reportedly cleared for all basketball activities in June and the expectation is that he’ll be good to go for the fall.

In his last full season, Dinwiddie averaged 20.6 PPG and 6.8 APG on .415/.308/.778 shooting in 64 games (31.2 MPG) for Brooklyn in 2019/20.

Word broke on Monday night that the Wizards and Dinwiddie were nearing an agreement, but the club didn’t have the cap space necessary to acquire him without getting the Nets’ cooperation in a sign-and-trade. Because Brooklyn didn’t want to take on any salary but wanted an asset or two for agreeing to play ball, it took all involved parties a couple days to work out the details of the deal that would get the point guard to D.C.

Eastern Rumors: Dinwiddie, Wizards, Avdija, Oladipo, Knicks, Bitadze

August 4th, 2021 at 2:51pm CST by Luke Adams

The Wizards continue to work through their complicated sign-and-trade acquisition of Spencer Dinwiddie, according to multiple reports.

Quinton Mayo (Twitter link) has heard the Bulls and Thunder mentioned as teams that could end up getting involved in a multi-team trade involving Dinwiddie. Mayo also reports that the Nets asked the Wizards for Deni Avdija during those negotiations, which Kristian Winfield of The New York Daily News (twitter link) corroborates.

If and when the Wizards, Nets, and other potential trade partners figure out a deal, Dinwiddie is expected to get a three-year, $62MM deal from Washington, reports Winfield (Twitter link).

Here are a few more updates from around the East:

Although Victor Oladipo‘s camp is optimistic that he’ll be able to return to action sometime between late December and early February, some Heat people believe March is a more realistic target, tweets Barry Jackson of The Miami Herald. Oladipo, who underwent quad tendon surgery in May, agreed to a minimum-salary contract with Miami.
Following up on an Ian Begley report that stated the final year in the Knicks‘ deals with Nerlens Noel, Alec Burks, Derrick Rose, and Evan Fournier aren’t guaranteed, ESPN’s Zach Lowe (Twitter link) clarifies that all four deals are expected to have standard team options in their last years. Noel, Burks, and Rose will have those options in year three, while Fournier’s will be in year four.
Pacers big man Goga Bitadze wanted to play for the team in Summer League this month, but he missed Indiana’s first two SL practices due to back soreness and is now away from the club due to a personal matter, writes Scott Agness of Fieldhouse Files.

Eastern Notes: Bulls, Dinwiddie, Nets, Celtics, Cavs, Pistons

August 3rd, 2021 at 8:49pm CST by Luke Adams

The first-round pick the Bulls will send to the Spurs in the DeMar DeRozan sign-and-trade will be top-10 protected in the first year and top-eight protected in the second and third years if it doesn’t convey immediately, reports John Hollinger of The Athletic.

That pick will tentatively be the Bulls’ 2025 first-rounder, but that’s conditional on Chicago sending its 2023 pick to Orlando. If the 2023 first-rounder falls in its protected range (top four) and the Bulls keep it, the Bulls would have to wait until at least 2026 to send a first-rounder to the Spurs in order to avoid running afoul of the Stepien rule, which prohibits teams from trading back-to-back future first-round picks.

Here’s more from around the East:

In an in-depth look at the challenges facing the Wizards in their efforts to acquire Spencer Dinwiddie via sign-and-trade, Danny Leroux and Fred Katz of The Athletic cite sources who say the Nets are seeking a significant asset (besides a trade exception) from Washington in any agreement.
The Celtics are taking a conservative approach to free agency this year in part because they want to maintain a salary structure that allows them to be players for a major free agent in 2022, as Mark Murphy of The Boston Herald explains (via Twitter).
The Cavaliers continue to scour the market for shooting help, according to Chris Fedor of Cleveland.com, who says Doug McDermott was the team’s top target entering free agency. McDermott, who agreed to a three-year deal with San Antonio, was one of a number of players on Cleveland’s wish list that opted to go elsewhere.
Pistons head coach Dwane Casey envisions Cade Cunningham and Killian Hayes sharing the play-making responsibilities for the team in 2021/22, as Keith Langlois of Pistons.com writes. “Both of ’em are 1A and 1B,” Casey said of his two young guards. ” Either one can bring it up. Either one can initiate offense. Either one can run pick and roll. What we want to work to is position-less basketball.”

Free Agency Rumors: DeRozan, Bulls, Wizards, McLaughlin, Rose, Heat

August 3rd, 2021 at 1:27pm CST by Luke Adams

A sign-and-trade deal that sends DeMar DeRozan to the Bulls remains a possibility for the veteran free agent wing, league sources tell Marc Stein (Twitter link). Chicago has previously been mentioned as a possible suitor for DeRozan, and Stein’s report suggests the team remains interested even after reaching agreements with Lonzo Ball and Alex Caruso.

A Monday report from Brian Windhorst of ESPN suggested that a double sign-and-trade sending DeRozan to the Bulls and Lauri Markkanen to the Spurs could be one possibility that the two sides would explore. Chicago also expiring contracts belonging to Thaddeus Young ($14.19MM) and Al-Farouq Aminu ($10.18MM), both of which would theoretically make for good salary-matching pieces.

Here are a few more rumors related to free agency:

As Spencer Dinwiddie and the Wizards continue to work toward a possible agreement that would land the point guard in D.C., Jake Fischer of Bleacher Report says (via Twitter) that Washington has begun exploring the possibility of trading Chandler Hutchison and a second-round pick as part of a potential sign-and-trade deal for Dinwiddie.
Jordan McLaughlin and his camp are optimistic about reaching a new multiyear contract agreement with the Timberwolves, according to Chris Hine of The Star Tribune (Twitter link). McLaughlin, a restricted free agent, met face-to-face with the Wolves when free agency opened on Monday, tweets Darren Wolfson of 5 Eyewitness News.
The Knicks are expected to re-sign Derrick Rose using his Early Bird rights, which means they can keep his smaller cap hold on their books for now and then eventually go over the cap to complete his deal, tweets Steve Popper of Newsday. Popper estimates that New York could still have upwards of $9MM in cap room to work with, or even more if the team waives Luca Vildoza‘s non-guaranteed salary.
The Heat had interest in Rudy Gay, but weren’t going to match Utah’s two-year, $12MM offer, preferring to commit most of their mid-level to a strong defensive player in P.J. Tucker, tweets Barry Jackson of The Miami Herald.

Trade Rumors: Dinwiddie, Hornets, Ingles, T. Young

August 3rd, 2021 at 1:10pm CST by Arthur Hill

Spencer Dinwiddie is close to a deal with the Wizards, but it may take some complex maneuvering to get him there, Fred Katz writes in The Athletic’s free agency recap. The two sides are reportedly hammering out a three-year contract worth $60MM, but Washington is over the cap, so a sign-and-trade will have to be arranged involving the Nets and maybe more teams.

Katz points out that Brooklyn is already over the luxury tax threshold for next season and isn’t interested in adding salary. He suggests the teams may try to tie this deal to the trade sending Russell Westbrook to the Lakers. Katz is confident that Dinwiddie will eventually join the Wizards, but it won’t be easy to work through the details.

In the same piece, Alex Schiffer notes that Brooklyn has been trying to unload DeAndre Jordan‘s contract, which is worth nearly $20MM over the next two years. John Hollinger says the Lakers could send Kyle Kuzma directly to the Nets instead of the Wizards, which would enable Brooklyn to include Jordan and avoid a huge rise in its tax bill.

There’s more on potential trades to watch for:

The Hornets are one of the few teams that still has flexibility after an active first night of free agency, Hollinger adds. A sign-and-trade of Devonte’ Graham allows Charlotte to have $15MM in cap room or to expand the deal and bring another player, possibly Lauri Markkanen. Hollinger states that the Hornets still need one more guard and another big man.
The Warriors would be interested in trading for Joe Ingles if the Jazz make him available, sources tell Marcus Thompson II of The Athletic. Ingles will turn 34 soon, but his passing and shooting would be valuable in Golden State’s system, though Thompson cautions that actually acquiring him would be tricky from a cap perspective. The Warriors still have hope of signing longtime Spurs guard Patty Mills, Thompson adds.
Several contending teams and younger teams are interested in getting Thaddeus Young from the Bulls, tweets Joe Cowley of The Chicago Sun-Times. Chicago is hoping to resolve the situation with Markkanen before making a decision on Young.
There’s still a chance the Raptors could keep Goran Dragic– who is being acquired from the Heat in the Kyle Lowry sign-and-trade – rather than flipping him to another team, according to Michael Grange of Sportsnet (Twitter link).

Free Agency Notes: Fournier, Knicks, Dinwiddie, Wolves, Markkanen

August 3rd, 2021 at 9:38am CST by Luke Adams

Veteran swingman Evan Fournier agreed to a four-year deal with the Knicks on the first day of free agency on Monday, but that hadn’t necessarily been his plan entering the summer. Fournier tells Gary Washburn of The Boston Globe that he had initially hoped to stick with the Celtics.

“That was my priority going into the summer,” Fournier said. “Because I knew the place. I talked to (Celtics president of basketball operations) Brad (Stevens) and we couldn’t get a deal done, obviously. But I had my options. It wasn’t necessarily Boston only, but I was more inclined to sign there because they traded for me and I felt good while I was there. That’s the thing with free agency. It can go both ways.”

While working out a new deal with Boston was his top priority entering free agency, Fournier is happy to land with the Knicks.

“New York has been on my radar for a while now,” he said. “I’ve always said the Knicks are the Knicks. And I’m honestly extremely happy I’ll be there next year.”

Here are a few more notes related to free agency:

Although the Knicks are short on cap space, they’re still exploring the possibility of adding another point guard either in a trade or using their $4.9MM room exception, sources tell Marc Berman of The New York Post.
The Knicks never made a formal contract offer to free agent point guard Spencer Dinwiddie, who was believed to be one of their potential targets, tweets Stefan Bondy of The New York Daily News. Dinwiddie appears likely to end up with Washington.
The Timberwolves have been in contact with Bulls restricted free agent forward Lauri Markkanen, tweets Darren Wolfson of 5 Eyewitness News. Minnesota doesn’t have a ton of cap flexibility, so figuring out a way to land Markkanen would be a challenge.