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Team Canada Finalizes 2024 Olympic Roster

July 10th, 2024 at 12:19pm CST by Luke Adams

The Canadian national team has formally announced its 12-man roster for the Paris Olympics, making its final cuts ahead of Wednesday’s exhibition games against Team USA.

Team Canada’s 12-man squad is as follows:

While the group obviously isn’t as star-studded as the U.S. roster, it’s headed up by a 2024 MVP finalist (Gilgeous-Alexander) and a guard who was the second-best player on the 2023 NBA champions (Murray). In total, it features 10 active NBA players, and all of them played regular roles for their respective teams in 2023/24.

The only two non-NBA players are Birch, who spent six seasons in the league but now plays in Spain, and Ejim, a former Iowa State standout and a Team Canada veteran who has been a productive contributor for several teams in Europe since 2014.

Andrew Wiggins is among the notable names missing from Team Canada’s squad for Paris. He was on the original training camp roster but withdrew right before camp began due to what the Warriors referred to a mutual decision. Various reports, however, suggested that Golden State was the party driving that decision.

Grizzlies rookie Zach Edey also removed his name from the training camp roster in order to focus on Summer League and his first NBA season.

Trail Blazers guard Shaedon Sharpe and Pacers guard Bennedict Mathurin, both of whom were coming off injuries that ended their 2023/24 seasons, were among the players who attended training camp but weren’t in the mix for roster spots for the Paris Olympics. Timberwolves forward Leonard Miller was in that group too.

This will be the first time Canada has been in the men’s basketball event at the Olympics since 2000.

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Contract Details: Quickley, Barnes, Batum, Jones, CP3, Oubre, More

July 10th, 2024 at 7:15am CST by Luke Adams

Initially reported to be worth $175MM over five years, Immanuel Quickley‘s new contract with the Raptors actually has a base value of $162.5MM, according to Blake Murphy of Sportsnet (Twitter link). It also features $12.5MM in unlikely incentives – $2.5MM per year – that would allow the guard to max out at $175MM if he earns all of them. But for now the cap hits for Quickley will be $32.5MM annually.

Meanwhile, the “Rose rule” language in Scottie Barnes‘ new five-year, maximum-salary extension with the Raptors is fairly straightforward, Murphy notes (Twitter link). Barnes will have a starting salary worth 30% of the 2025/26 salary cap if he makes any All-NBA team – first, second, or third – next season, or if he wins MVP or Defensive Player of the Year. If he doesn’t earn any of those honors, his starting salary will be 25% of the ’25/26 cap, with 8% annual raises from there.

Based on the NBA’s latest salary cap projection, Barnes’ five-year extension would be worth $224,238,150 if it starts at 25% next year’s cap, or $269,085,780 if it starts at 30%.

Here are more details on a few of the contracts recently finalized around the NBA:

  • Nicolas Batum (15%) and Derrick Jones (5%) each received trade kickers on their new contracts with the Clippers, Hoops Rumors has learned. Batum’s deal is worth the full bi-annual exception ($9,569,400 over two years) with a second-year player option, while Jones’ three-year, $30MM deal was completed using a significant portion ($9,523,810) of the mid-level exception. Los Angeles still has $3,298,190 left on its MLE for now.
  • Chris Paul‘s one-year contract with the Spurs has a guaranteed base value of $10.46MM, with unlikely incentives that could push his total earnings as high as about $12.03MM, tweets Michael Scotto of HoopsHype. That structure allowed San Antonio to create the extra cap room necessary to accommodate Harrison Barnes‘ incoming salary while also putting Paul in position to earn more his initially reported salary of $11MM.
  • Kelly Oubre, whose two-year, $16,365,150 contract is worth the Sixers‘ entire room exception (and features a player option), waived his right to veto a trade in 2024/25, tweets Keith Smith of Spotrac. Kings center Alex Len gave up that right as well on his one-year, minimum-salary contract, Hoops Rumors has learned.
  • As expected, the contracts signed by new Kings guard Jordan McLaughlin and new Pelicans center Daniel Theis are one-year deals worth the veteran’s minimum.
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Boogie Ellis Isn't Jealous Of Bronny

July 9th, 2024 at 10:40pm CST by Dana Gauruder
  • Boogie Ellis is playing for the Kings’ Summer League team after going undrafted out of USC. Ellis led the Trojans in scoring and is trying to earn an NBA contract. Meanwhile, Bronny James got drafted by the Lakers despite posting modest stats at USC. However, Ellis has no hard feelings for his former college teammate, he told Jason Anderson of the Sacramento Bee. “I’m happy for him,” Ellis said. “That’s one of my brothers, so I’m glad he got the opportunity, but at the end of the day this is business. Everybody’s trying to feed their family, so I definitely have a chip on my shoulder. I believe I’m a great basketball player and I’m better than a lot the guys who were picked, but at the end of the day I’ve got to go show my hard work, show what I do. So just continue to work, keep my head down and keep working, and it’s going to pay off.”
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Kings Sign First-Rounder Devin Carter

July 9th, 2024 at 2:45pm CST by Luke Adams

The Kings have officially signed lottery pick Devin Carter to his first NBA contract, the team confirmed today in a press release (Twitter link via Jason Anderson of The Sacramento Bee).

Carter had a big junior year in 2023/24 at Providence, averaging 19.7 points, 8.7 rebounds, 3.6 assists, and 1.8 steals in 35.3 minutes per game across 33 outings (all starts). He made 47.3% of his shot attempts from the floor, including 37.7% of 6.8 three-pointers per contest and claimed Big East Player of the Year honors.

The 6’3″ guard was selected 13th overall by the Kings, but was ruled out of the California Classic and Las Vegas Summer Leagues due to a left shoulder issue (which the team was aware of prior to drafting him). A report on Sunday indicated that Carter will undergo surgery on that shoulder, potentially jeopardizing his availability for the start of the season this fall.

Assuming he signed for the maximum allowable 120% of the rookie scale, Carter will earn $4.69MM as a rookie, while his four-year deal will be worth $22.14MM in total. Rookie scale contracts include two guaranteed seasons, with team options on the third and fourth years.

Now that Carter has officially signed, there’s just one 2024 first-rounder – Nuggets forward DaRon Holmes – who still needs to finalize his rookie contract, as our tracker shows.

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L.A. Notes: Davis, Lakers, DeRozan, Batum, Clippers, Christie

July 9th, 2024 at 12:09pm CST by Luke Adams

After LeBron James downplayed any concerns over what has been a quiet offseason so far for the Lakers, his star teammate Anthony Davis followed suit from Team USA’s training camp in Las Vegas, as Dan Woike of The Los Angeles Times relays. Davis pointed out that injuries to presumptive rotation players like Jarred Vanderbilt and Gabe Vincent had an impact on last year’s team and that having better health luck in 2024/25 could make a difference.

“We don’t know what we could have been if we had those guys, especially in the playoffs,” Davis said. “You know especially Vando because he’s a big part of what we do defensively. But, so we look at the lineup, and you know we come in ready to work.

“And last year is last year. We can’t say, ‘Oh this is the same team.’ It could be a different result. For us it’s about coming in with the mindset of getting to work and seeing how it plays out.”

Of the 15 players who finished last season on the Lakers’ roster, 13 remain under contract for the coming season. The only two newcomers to this point are the team’s two draft picks, Dalton Knecht and Bronny James.

Here’s more on the NBA’s two Los Angeles-based teams:

  • Although DeMar DeRozan was said to be on the short list of “impact” Lakers targets that LeBron James would have been willing to take a significant discount for, Shams Charania of The Athletic and Stadium stated during an appearance on The Rally (Twitter video link) that it came down to the Kings and Heat for DeRozan. “I’m told the Lakers never went beyond expressing just simple interest in DeRozan,” Charania said. “There were no offers or tangible conversations with the Bulls on a sign-and-trade deal.”
  • Speaking to reporters after he agreed to re-sign with the Clippers, veteran forward Nicolas Batum indicated that he chose to reunite with his former team and former head coach (Tyronn Lue) after receiving interest from over half the league. “I had several options, a lot of options, I actually had 17,” Batum said (French link via BasketUSA.com).
  • The Clippers, who had the NBA’s oldest roster last season, haven’t exactly been a player development hub in recent years, according to Law Murray of The Athletic, who takes a look at how the team could change that going forward, starting with this year’s second-round pick Cam Christie.
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DeRozan Trade Notes: Contract, Draft Picks, Spurs’ Moves, CP3

July 9th, 2024 at 7:35am CST by Luke Adams

DeMar DeRozan‘s new three-year contract with the Kings is worth $73.7MM, according to ESPN’s Adrian Wojnarowski (Twitter link), who says the third year is partially guaranteed for $10MM.

If we assume the contract has a standard ascending structure with 5% annual raises, that would work out to about $48MM in guaranteed money for DeRozan across the first two seasons, with $58MM guaranteed in total.

Here’s more on the three-team sign-and-trade deal sending DeRozan to Sacramento that was officially finalized on Monday:

  • The two second-round picks the Kings sent to the Bulls in the trade are Sacramento’s own 2025 and 2028 second-rounders, per RealGM. The Kings have also traded away their own 2025 first-round pick (top-10 protected) and recently dealt Portland’s 2025 second-rounder to Toronto, so they currently don’t control any selections in next year’s draft.
  • The fact that the Spurs only had to make one roster move (waiving Charles Bassey) to finalize the trade suggests that Harrison Barnes gave up his $3.7MM trade kicker in order to make the math work, as LJ Ellis of SpursTalk writes. Even with Barnes waiving that trade bonus, the numbers still don’t quite add up unless Chris Paul‘s cap hit comes in a little lower than the $11MM figure initially reported — Paul’s deal may include unlikely incentives that wouldn’t count against the cap but could push the value of his deal to $11MM (or higher), as cap expert Yossi Gozlan speculates (via Twitter).
  • Prior to completing the deal, the Spurs renounced their rights to a handful of free agents, including two players to whom they previously issued qualifying offers: Sandro Mamukelashvili and David Duke (Twitter link via Keith Smith of Spotrac). That doesn’t preclude bringing back either player, but Mamukelashvili and Duke are now unrestricted free agents, so San Antonio wouldn’t have the right to match an offer they get from another team.
  • The inclusion of RaiQuan Gray, who is on a two-way contract, was necessary in order for the Spurs and Bulls to “touch” in the three-team trade (ie. each club has to send or receive an asset from the other two teams in the deal). However, Gray – who was sent from San Antonio to Chicago – will be waived by the Bulls, as K.C. Johnson of NBC Sports Chicago reported (via Twitter). The Spurs now have two open two-way slots, while Chicago will have one once Gray is officially cut.
  • Barnes, who had been a King since 2019, published a pair of tweets thanking the franchise, city, and fans for the experience. “To Kings fans and all of SAC, this city will always hold a special place in my heart,” Barnes wrote as part of a longer statement. “Thank you for embracing me and making this city feel like home. Your passion and love for the game are unmatched. Grateful for the memories we made together!”
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Kings Officially Acquire DeRozan, Spurs Get Barnes In Three-Team Swap

July 8th, 2024 at 6:22pm CST by Dana Gauruder

The blockbuster three-team deal involving DeMar DeRozan and Harrison Barnes is official, according to a Spurs press release, Kings press release, and Bulls press release.

The Spurs acquired Barnes from the Kings. In addition, San Antonio received the right to swap first-round picks with the Kings in 2031 while sending two-way player RaiQuan Gray to Chicago. 

Additionally, the Spurs are waiving Charles Bassey to complete the trade, Jeff McDonald of the San Antonio Express-News tweets. However, San Antonio is exploring ways to bring Bassey back in the fold.

Sacramento acquired DeRozan from the Bulls while sending Chris Duarte, two second-round picks and cash considerations to Chicago, along with Barnes and the 2031 pick swap to San Antonio.

The Bulls will waive Gray, K.C. Johnson of NBC Sports Chicago tweets.

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

The 34-year-old DeRozan was extremely productive during his three seasons in Chicago, averaging 25.5 points, 4.7 rebounds and 5.1 assists per game 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 significant trade exception in the deal $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’ 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.

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Central Notes: Furphy, Walker, LaVine, Pistons’ Moves

July 7th, 2024 at 8:47pm CST by Dana Gauruder

Johnny Furphy had the unfortunate experience of sitting in the green room during the first day of the draft and not getting selected. The Pacers nabbed the former Kansas forward early in the second round. He came to the Summer League team ready to go.

“It’s something I’d been working for my whole life,” Furphy told Dustin Dopirak of the Indianapolis Star. “It was just a massive relief. It was great to have my family there to share those moments with them. It was a dream come true. It’s pretty surreal, it’s just slowly settling in now that this is reality. It’s exciting.”

We have more from the Central Division:

  • The Pacers drafted Jarace Walker last year as a power forward. With Pascal Siakam re-signing with the club, Walker will get extended minutes at small forward during Summer League play. He’ll also get opportunities to handle the ball, according to Dopirak. “I feel like playing the three, I’m bigger and longer. I’m usually stronger so I’m probably going to have a smaller, quicker matchup,” he said. “Being able to move my feet, stay in front of those matchups and keep them from going downhill. That’s always been kind of my strong suit almost, my defensive versatility being able to guard multiple positions. It will be a challenge, but nothing I haven’t done for.”
  • The Bulls and Kings worked out a three-team deal in which DeMar DeRozan will head to Sacramento in a sign-and-trade. Chicago attempted to trade another starter to the Kings before the DeRozan deal materialized, according to K.C. Johnson of NBC Sports Chicago. The two teams held trade talks centered on Zach LaVine. The Bulls will continue their efforts to trade LaVine and they now have two second-round picks coming in the DeRozan deal to help facilitate a potential trade.
  • So far, Trajan Langdon has shown patience in his first year as the Pistons’ president of basketball operations and that’s a good thing, James Edwards III of The Athletic opines. Langdon has brought in veterans on short-team contracts with proven shooting ability to help out Cade Cunningham. He’s also got more cap space available to acquire other players in salary dumps with assets attached, as he did with Dallas in the Tim Hardaway Jr. trade.
  • In a similar piece, Shawn Windsor of the Detroit Free Press asserts that the moves Langdon and his front office staff have made gives the Pistons some semblance of a modern NBA roster. Doubling last season’s 14-win total isn’t out of the question with the veterans they’ve added to help balance the roster, Windsor adds.
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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.
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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.
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