Sacramento Kings Rumors | Hoops Rumors

Kings Notes: Monk, DeRozan, Triano, Markkanen

July 7th, 2024 at 5:40pm CST by Dana Gauruder

Malik Monk might have found a better offer on the open market but he was content to stay with the Kings on a four-year, $78MM contract. Monk choose comfort over a few more dollar signs.

“It just felt right. Everything felt right,” Monk told Jason Anderson of the Sacramento Bee and other media members. “I don’t go anywhere and feel uncomfortable. I go everywhere and feel comfortable, and that’s a home, I feel like, so I’m back.”

Monk might have received close to $25MM per year and a starting role with some teams. Instead, he’ll likely resume his role as sixth man on the Kings. Monk informed the team 10 days before free agency began that he was staying put.

“Being a team player,” Monk said. “I could have took my money somewhere, but it felt like home here. Letting the organization know early was the least I could do, for sure, because we need a few more pieces and they’re looking for a few more pieces, so I think they’re doing their job.”

We have more on the Kings:

The Athletic’s John Hollinger is conflicted over the Kings’ decision to pursue a sign-and-trade for DeMar DeRozan. The addition of DeRozan probably doesn’t vault them into the top five in the Western Conference, even during the regular season, Hollinger opines. However, they’re too good to tank, so there’s nothing wrong with upgrading the team methodically for a future run at the title.
The team’s recruitment of DeRozan included having Jay Triano, the Kings’ lead assistant coach and DeRozan’s first NBA head coach, at the airport, according to The Athletic’s Anthony Slater. De’Aaron Fox also played a key role in DeRozan’s recruitment. DeRozan agreed to a three-year, $74MM deal with the third season partially guaranteed.
In the same story, Slater notes that the Kings made a strong pitch early last week to acquire the Jazz’sLauri Markkanen in a trade. However, they were unwilling to give up Keegan Murray in a proposed deal. Instead, they made a substantial picks-based offer. They put a deadline on pursuing a trade with Utah and the Jazz didn’t meet it. There’s growing skepticism league-wide that Jazz executive Danny Ainge will actually move Markkanen, Slater adds.

New York Notes: Bridges Trade, Hartenstein, Nets, Gaitley

July 7th, 2024 at 10:29am CST by Rory Maher

The Knicks‘ blockbuster trade with the Nets to acquire Mikal Bridges stunned his former Villanova teammates Jalen Brunson and Josh Hart, as Bradley Locker of The New York Post relays.

“I never thought it would happen,” Brunson said on the Roommates Show podcast he co-hosts with Hart. “When’s the last time the Nets made a trade with the Knicks?”

Hart answered Brunson’s question — 1983 — and elaborated on his own skepticism of a deal coming together.

“You don’t think it’s really going to happen, but you’re like, ‘You know what? Let me just go mess with ‘kal,’” Hart said, referring to postgame discussions in matchups between the Knicks and Nets. “Because that’s my guy.”

Here’s more on the NBA’s two New York-based teams:

Isaiah Hartenstein left the Knicks to join the Thunder in part because he believes he’ll have an opportunity to broaden his game, “especially offensively,” writes Stefan Bondy of The New York Post. “If you’re an NBA player, you have to adapt to certain roles. And that’s what I did in New York,” Hartenstein said. “My passing only came out in the last year. My first year, I had to adapt to a certain role. So I feel like I can get back to that shooting aspect. Before, I was shooting, so I want to get back to that even more.” Hartenstein’s front-loaded three-year contract with Oklahoma City became official on Saturday. It will guarantee him $58.5MM over the next two seasons, with a third-year team option.
On the same Roommates Show podcast, Hart and Brunson expressed frustration that the Knicks were only able to offer Hartenstein a four-year, $72.5MM contract because he only had Early Bird rights, per Steve Popper of Newsday (subscriber link). “I feel like in those situations, you shouldn’t be restricted on what you can sign your own guys for,” Hart said of Hartenstein. “Especially, like, he signed a two-year, $16 [million contract], he played well for you guys, under your coaches, your system. Then you should be rewarded in helping develop that guy and should be able to offer him whatever. You guys did really good, he played well. [But] let’s slow down, you can only offer him this? That’s idiotic.”
New head coach Jordi Fernandez will have his work cut out for him with the rebuilding Nets, according to Evan Barnes of Newsday (subscription required). Although there may be less pressure on Fernandez in some ways since Brooklyn will likely be a lottery team in 2024/25, trying to get buy-in from veterans on the trade block while developing the team’s young players will be a difficult balance to strike, Barnes observes.
The Nets are hiring Dutch Gaitley as an assistant coach, a source tells Net Income of NetsDaily.com (Twitter link). Gaitley, who previously spent four years with Charlotte, worked with Fernandez the past two years in Sacramento as the Kings‘ director of player development.

Kings Sign Jordan McLaughlin To One-Year Deal

July 7th, 2024 at 6:32am CST by Luke Adams

JULY 9: McLaughlin has officially signed with the Kings, according to the NBA’s transaction log. It’s a minimum-salary deal, Hoops Rumors has confirmed.

JULY 7: The Kings and free agent point guard Jordan McLaughlin have agreed to a one-year contract, agent Greg Lawrence tells Adrian Wojnarowski of ESPN (Twitter link). Sean Cunningham of FOX 40 Sacramento (Twitter link) was the first to report that the two sides were nearing a deal.

McLaughlin, 28, has spent all five of his NBA seasons to date with the Timberwolves, providing backcourt depth behind the team’s various starting point guards — he has come off the bench in 235 of 242 career regular season outings. In 2023/24, the former USC standout averaged 3.5 points and 2.0 assists in 11.2 minutes per game across 56 appearances.

While McLaughlin’s counting stats are modest, he does a good job taking care of the ball, having averaged just 0.3 turnovers per game last season, and is a solid shooter. His .472 3PT% in ’23/24 was an outlier, but he has made 36.9% of his career three-point attempts.

McLaughlin will give Sacramento another option behind De’Aaron Fox in a backcourt that will no longer feature former lottery pick Davion Mitchell, who was traded to Toronto in June.

While terms of the agreement have yet to be reported, the Kings project to have little breathing room below the luxury tax line once they complete their sign-and-trade deal for DeMar DeRozan, so I’d expect McLaughlin to sign for the veteran’s minimum. For a player with his five years of experience, that would work out to a salary of about $2.43MM for him, with Sacramento carrying a cap hit of approximately $2.09MM.

Kings To Acquire DeMar DeRozan In Three-Team Trade

July 6th, 2024 at 9:26pm CST by Arthur Hill

DeMar DeRozan is headed from the Bulls to the Kings in a three-team deal that also includes the Spurs, sources tell ESPN’s Adrian Wojnarowski (Twitter link). San Antonio will receive Harrison Barnes, while Chicago will get Chris Duarte, two second-round picks and cash. In addition, the Spurs will get an unprotected pick swap from Sacramento in 2031.

The deal is a sign-and-trade for DeRozan, who ranked sixth on our list of the top 50 free agents for this summer. His new contract will be worth approximately $76MM over three years, according to Chris Haynes of TNT and Bleacher Report (Twitter link), who adds that the first two seasons are fully guaranteed with a partial guarantee for the final year.

The contract includes $49MM in guaranteed money over the first two seasons, per Sean Cunningham of FOX 40 Sacramento (Twitter link). It also features bonuses for being named an All-Star, tweets ESPN’s Bobby Marks.

The trade leaves the Kings hard capped at the $178.1MM first apron, per cap expert Yossi Gozlan (Twitter link). They’re about $5.8MM beneath the $170.8MM luxury tax with 12 players under contract. Gozlan points out that Sacramento can add two more players to its roster without going into tax territory, but using most of its remaining $12.8MM non-taxpayer mid-level exception will push the team over the threshold.

Sacramento will also create a $5.9MM trade exception in the deal, Gozlan adds.

The Kings were heavily pursing DeRozan, who traveled to Sacramento for a meeting today with team officials. The 34-year-old forward was extremely productive during his three seasons in Chicago, averaging 25.5 points, 4.7 rebounds and 5.1 assists and finishing near the top in the Clutch Player of the Year balloting the past two seasons.

The six-time All-Star will now team with De’Aaron Fox, Domantas Sabonis, Malik Monk and Keegan Murray on what should be one of the league’s most exciting offenses. The Kings will be counting on that group to lead them back to the playoffs after being eliminated in the play-in tournament last season.

Parting with DeRozan is the latest step in an offseason roster shakeup in Chicago, which has already traded Alex Caruso and lost Andre Drummond in free agency. The Bulls are shifting to a younger and less expensive roster in hopes of eventually rebuilding into a more competitive team.

Duarte, a 27-year-old swingman with three years of NBA experience, is the latest addition, but it’s uncertain how large his role will be. He appeared in 59 games with Sacramento last season, but averaged just 3.9 points and 1.8 rebounds in 12.2 minutes per night. Duarte is under contract for one more season at $5.9MM and is eligible for an extension through October 21. Chicago will create a $17.6MM trade exception in the deal, according to Bobby Marks of ESPN (Twitter link).

Barnes joins Chris Paul as veteran offseason additions in San Antonio. The 32-year-old is extremely durable, playing in all 82 games the past two seasons. He can handle either forward spot and he figures to get plenty of open looks alongside Paul and Victor Wembanyama. Barnes averaged 12.2 points, 3.0 rebounds and 1.2 assists last season with .474/.387/.801 shooting stats.

The Spurs will use their cap space to absorb Barnes’ $18MM salary for the upcoming season, Wojnarowski and Tim Bontemps write in a full story on the trade. Barnes will make $19MM in 2025/26 before becoming an unrestricted free agent.

Barnes’s contract includes a $3.7MM trade kicker that Sacramento will be responsible for, Marks adds (Twitter link), broken up into $1.85MM for each of the next two seasons. That number could be negotiated down, but only with Barnes’ consent.

San Antonio will likely need to make one or two minor cost-cutting moves (they have Charles Bassey and Julian Champagnie on non-guaranteed contracts) in order to accommodate both Barnes and Paul.

Spurs Trade Graham, Second-Round Pick To Hornets; Graham Waived

July 6th, 2024 at 3:35pm CST by Alex Kirschenbaum

3:35pm: After officially waiving three players to create additional cap room, the Hornets have completed their trade for Graham and New Orleans’ 2025 second-round pick, per a team release. They sent out cash to San Antonio and immediately waived Graham, as expected.

2:26pm: The Hornets will receive New Orleans’ 2025 second-round pick in the deal, while the Spurs receive cash, sources tell Andrew Lopez of ESPN (Twitter link).

12:41pm: The Spurs are trading Devonte’ Graham and a second-round draft pick to the Hornets, one of the veteran guard’s former teams, reports Adrian Wojnarowski of ESPN (Twitter link).

Graham won’t be back in Charlotte for long, though. According to Wojnarowski, the Hornets plan to waive Graham, making him an unrestricted free agent. The guard’s $12.65MM is partially guaranteed for $2.85MM, so Charlotte will have to take his fully salary into its cap room but will only end up on the hook for $2.85MM.

The 6’1″ Kansas alum, 29, played sparingly with the Spurs last season, averaging just 5.0 points per game on a .352/.301/.813 shooting line. He appeared in just 23 contests, logging 13.6 minutes per night.

Graham kicked off his NBA career with the Hornets, for whom he played from 2018-21. He spent 2021/22 and part of ’22/23 with the Pelicans before being traded to San Antonio midway through that season. During his best year, 2019/20, Graham finished fifth in Most Improved Player voting, averaging 18.2 points, 7.5 assists, 3.4 rebounds and 1.0 steals per game.

As cap expert Yossi Gozlan notes (via Twitter), this deal will give San Antonio some additional cap relief — the team now projects to have up to about $19MM in cap space.

As Gozlan notes, the Spurs could theoretically take back the mid-sized contract of a veteran wing like Harrison Barnes or Kevin Huerter to help orchestrate a three-team sign-and-trade with the Bulls and Kings to send All-Star wing DeMar DeRozan to Sacramento. San Antonio likely has something specific up its sleeve that will require a bit of extra breathing room below the cap, since Graham’s $2.85MM partial guarantee was pretty minimal.

The Hornets are reportedly waiving Davis Bertans in order to open up the cap room necessary to take on Graham’s salary.

DeMar DeRozan To Meet With Kings In Sacramento

July 6th, 2024 at 1:18pm CST by Luke Adams

Free agent forward DeMar DeRozan and his representation are traveling to Sacramento to meet with the Kings, according to reports from Shams Charania of The Athletic and Chris Haynes of TNT and Bleacher Report (Twitter links).

It’s the latest signal that there’s serious mutual interest between DeRozan and the Kings, as multiple recent reports have indicated. James Ham of The Kings Beat (Twitter link) says there’s “positive momentum” between the two sides, with the in-person meeting giving them a chance to potentially seal the deal.

The Kings don’t have the cap room necessary to sign DeRozan, who’s seeking a salary above the full mid-level exception ($12.9MM), but the Bulls are reportedly willing to work with Sacramento or another team on a sign-and-trade deal to get DeRozan a higher salary. Still, Chicago isn’t far below the luxury tax line and doesn’t want to take on much salary in the transaction, so the two teams need a third club to serve as a facilitator and take on a contract or two from the Kings.

Reporting earlier in the day indicated that San Antonio appear to be emerging as that facilitator, and the Spurs‘ trade agreement with the Hornets – in which they’ll move off of Devonte’ Graham‘s $2.85MM partial guarantee – is a signal that they’re opening up cap room for a specific move.

While Harrison Barnes and Kevin Huerter have been mentioned most frequently as trade candidates for the Kings, they’re not the only players who could serve as outgoing salary-matching pieces in a sign-and-trade for DeRozan. A package of Trey Lyles‘ and Chris Duarte‘s expiring contracts could theoretically work, for instance, if DeRozan’s starting salary is in the $20MM range. To accommodate a higher salary, at least one of Barnes or Huerter would likely need to be included.

Of course, even if the Kings, Bulls, and Spurs have an idea of what a three-team trade agreement would look like, Sacramento would still need to secure DeRozan’s commitment, which is presumably the goal of this weekend’s meeting.

Kings Re-Sign Malik Monk To Four-Year Contract

July 6th, 2024 at 12:32pm CST by Luke Adams

JULY 6: The Kings have officially re-signed Monk, the team announced today (via Twitter).

According to Anthony Slater of The Athletic (Twitter link), Monk told reporters today that he’s fully recovered from the MCL injury that ended his season. He added that he could’ve taken more money from another team but that Sacramento “felt like home.”

JUNE 20: Free agent guard Malik Monk intends to re-sign with the Kings, according to ESPN’s Adrian Wojnarowski, who reports that Monk has agreed to a four-year contract worth approximately $78MM. The deal will include a fourth-year player option, Wojnarowski adds.

Monk, 26, spent his first four NBA seasons in Charlotte and one year with the Lakers before signing a two-year, $19.4MM contract with the Kings in 2022. He has enjoyed two of the best seasons of his career in Sacramento, emerging as a crucial scorer and play-maker off the bench and earning Sixth Man of the Year votes in both seasons — he finished fifth in 2023 and was the runner-up award for the award in 2024.

Monk set new career highs with 15.4 points and 5.1 assists per game for the Kings in 2023/24. While his three-point percentage has slipped a little since his final year with the Hornets (40.1%) and his one season in Los Angeles (39.1%), he has still knocked down 35.4% of his 5.5 attempts per contest during his time in Sacramento while taking his game to new heights as a ball-handler and play-maker.

Having just spent two years in Sacramento so far, Monk has Early Bird rights this offseason, which means the Kings are limited to giving him a 75% raise on his 2023/24 salary. That works out to a starting salary of $17,405,203 and a four-year total of $77,975,309.

There was a belief that another team might outbid the Kings’ max offer if Monk had made it to the open market. However, he either got early signals that a more lucrative offer wouldn’t be out there or simply decided that he preferred to remain in Sacramento, regardless of the other options that may have been available on June 30.

The NBA’s free agency rules changed this offseason, allowing teams to negotiate with their own free agents beginning one day after the end of the NBA Finals instead of having to wait until June 30. That allowed the Kings to strike an early deal with Monk, though the contract won’t be officially signed until July 6.

Monk is the second free agent to reach a tentative agreement with his team this week, joining Pascal Siakam of the Pacers. Unless one of those deals falls through, two of the top 10 players on our list of 2024’s top 50 free agents are now off the board. Monk came in at No. 10 on that list.

Free Agent Rumors: DeRozan, Westbrook, Fournier, Saric

July 6th, 2024 at 10:38am CST by Tristan Tucker

The Spurs have emerged as a potential third-team facilitator as the Kings continue to pursue free agent forward DeMar DeRozan via sign-and-trade, NBA insider Marc Stein reports (Twitter link). Previous reports have indicated that Chicago is willing to facilitate a sign-and-trade but is insistent on a third team being involved so as to not take back much, if any, salary.

On the #thisleague UNCUT podcast (Twitter link), Chris Haynes of TNT and Bleacher Report stated that the Kings, Heat and Clippers are teams exploring avenues to acquire DeRozan via a three-team sign-and-trade. Haynes also mentions San Antonio as a landing spot for unwanted salary alongside Detroit.

We have more free agent rumors:

Russell Westbrook may be more likely to go to the Nuggets through free agency rather than by way of trade, DNVR Sports’ Harrison Wind opines (Twitter link). The Clippers could either buy out Westbrook or send him to another team that would buy him out, clearing the path for him to sign with Denver. For what it’s worth, finding a trade that makes sense for both sides appears difficult.
As was reported earlier this year, Stein indicates in his latest Substack post that free agent swingman Evan Fournier‘s preference is to remain in the NBA rather than to accept a EuroLeague deal. According to Stein, Fournier is expected to receive some NBA interest as free agency winds on.
Greek club Panathinaikos is reportedly interested in adding free agent forward Dario Saric, according to Sportando. The 30-year-old forward averaged 8.0 points, 4.4 rebounds and 2.3 assists while shooting 37.6% from deep as a reserve for the Warriors last season. It would be a little surprising to see Saric make the jump to Europe so soon after free agency begins given his productive season last year and the chance for more NBA interest to trickle in.

Trade Rumors: DeRozan, Kings, Lakers, Grant, Cavs, Finney-Smith, Okoro, More

July 5th, 2024 at 11:05pm CST by Luke Adams

While the Kings are among the teams believed to have some interest in Pelicans forward Brandon Ingram, there has been a growing sense entering the weekend that Sacramento is more focused on free agent forward DeMar DeRozan, league sources tell Michael Scotto of HoopsHype.

Earlier reporting from Adrian Wojnarowski named the Kings as a legitimate suitor for DeRozan, who would need to be acquired via sign-and-trade, with a third team likely taking on salary from Sacramento in the deal.

Sean Cunningham of FOX 40 Sacramento (Twitter link) confirms there’s “mutual interest” between DeRozan and the Kings, while James Ham of The Kings Beat (Twitter link) confirms Sacramento has talked to the Bulls about a sign-and-trade and suggests that a third team has been “lined up.”

However, there continues to be competition from rival suitors for the 34-year-old’s services, Ham adds. As John Hollinger of The Athletic writes, it also won’t be easy to construct a three-team trade that gets DeRozan the type of salary he wants, ensures the Bulls don’t take back much money, and has the Kings sending out enough assets to Chicago and a third team to incentivize them to make the deal.

Although there are other teams who could open up a little cap room, Detroit and Utah are the only two teams with significant space still available, and the Pistons are rumored to be keeping their room open for trade opportunities, so it wouldn’t surprise me if Chicago and Sacramento have been talking to Detroit in relation to a possible DeRozan deal.

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

The Trail Blazers and Lakers have had conversations about Jerami Grant, but if the Blazers are going to send him to Los Angeles, they’d want both of the future first-round picks the Lakers can trade (2029 and 2031), along with matching salaries, according to Sean Highkin of Rose Garden Report. The Lakers have been unwilling to meet that price and Portland isn’t in any rush to move its top forward, so the talks haven’t gotten far, Highkin writes, noting that – outside of Rui Hachimura – the Blazers wouldn’t have much interest in the players L.A. could put in a package for Grant.
After Zach Lowe reported earlier today that Nets forward Dorian Finney-Smith is a possible trade target to watch for the Cavaliers, Scotto confirms that Cleveland likes Finney-Smith and has monitored him since Brooklyn acquired him in 2023. Scotto adds that Cavs restricted free agent Isaac Okoro is viewed as a potential sign-and-trade candidate (in general, not specifically for Finney-Smith).
Nuggets forward/center Zeke Nnaji and Sixers free agent KJ Martin are two trade candidates to keep an eye on, according to Scotto. Nnaji is beginning a four-year, $32MM contract after not playing a regular role in Denver last season, so his value on the market would be limited. As for Martin, his small cap hold could allow the Sixers to get creative by signing-and-trading him in order to take back more salary than they would be able to accommodate with the cap room they’ll have left over once their major signings are complete.
Speaking of the Sixers, they’re on track to add Paul George as a straight free agent signing rather than in a sign-and-trade, according to Marc Stein at Substack. That comes as no surprise, since acquiring George via sign-and-trade would hard-cap Philadelphia at the first tax apron, potentially limiting the team’s flexibility for the rest of 2024/25.

Western Notes: Carter, Suns, Nunez, Thunder, Jazz

July 5th, 2024 at 9:02pm CST by Luke Adams

Kings first-round pick Devin Carter will miss both the California Classic and Las Vegas Summer Leagues due to a left shoulder injury, writes Jason Anderson of The Sacramento Bee (subscription required).

General manager Monte McNair acknowledged after drafting Carter last week that the former Providence guard was dealing with a shoulder ailment and said the Kings’ doctors would be taking a closer look at it. While the injury will keep Carter out of action this month, McNair expressed confidence that it’s “not a long-term issue.”

The No. 13 overall pick told The Sacramento Bee that he suffered the injury in a pre-draft workout. Asked if he’s feeling pain or discomfort, Carter replied, “I’m feeling fine. I just want to get the team doctor’s opinion and go from there.”

Here’s more from around the Western Conference:

Within a story grading the Suns‘ re-signing of Damion Lee, Gerald Bourguet of PHNX Sports says the team remains interested in bringing back Josh Okogie on a new deal worth more than the minimum. Phoenix currently has just one open spot on its 15-man roster, but Bourguet hears from a source that waiving a player like David Roddy or Nassir Little might be a possibility if Okogie is re-signed and another top free agent target (possibly Kyle Lowry) is available. I’d be pretty shocked if the Suns cut Little, who has three guaranteed years left on his contract, but Roddy isn’t owed any guaranteed money beyond this season.
Spurs second-round pick Juan Nunez appears unlikely to sign an NBA contract immediately. A report from Spanish outlet Encestando (hat tip to Sportando) suggests Nunez is on track to join Barcelona on a deal that will give him the option to leave for the NBA next summer. The Spanish point guard was the No. 36 selection in last week’s draft.
In a pair of stories for The Oklahoman, Joel Lorenzi explores Isaiah Hartenstein‘s fit in Oklahoma City and examines what the Thunder‘s roster will look like after trading for Alex Caruso and adding Hartenstein in free agency. Lorenzi, who is projecting Caruso to start and Hartenstein to come off the bench, suggests the veteran center’s play-making and screening will help make the offense more versatile, which the Thunder could’ve used in this year’s playoffs.
The Lauri Markkanen trade rumors are a reflection of the Jazz‘s awkward current position, according to Andy Larsen of The Salt Lake Tribune (subscription required). As Larsen details, if they hang onto Markkanen, the Jazz risk winning too many games next season to have a legitimate shot at landing a future star in the 2025 draft; but there are no guarantees they’ll be able to draft that future star even if they do trade him, and going that route would further delay their timeline for contending.