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Free Agency Rumors: Oubre, Mills, Dinwiddie, Carmelo, More

August 2nd, 2021 at 10:38pm CST by Alex Kirschenbaum

Free agent swingman Kelly Oubre received interest from the Heat after free agency began, but didn’t set a meeting with Miami because he is hoping to net a contract “well above” the mid-level exception, according to Barry Jackson of the Miami Herald (via Twitter).

Now that Miami has committed to using most of its mid-level exception on P.J. Tucker, Oubre is almost certainly off the table for the Heat, even if his asking price drops.

Here are more free agency rumors from around the NBA world:

  • Free agent sharpshooting combo guard Patty Mills has received interest from the Lakers and Nets, per Marc Stein of Substack (via Twitter). Anthony Slater of The Athletic adds (Twitter link) that the Warriors could also pursue Mills and posits that he may fetch a deal that within range of the taxpayer mid-level. Jordan Schultz of ESPN tweets that the Nets are apparently a distant third in the sweepstakes to sign Mills.
  • Jordan Schultz of ESPN reports (Twitter link) that free agent point guard Spencer Dinwiddie appears unlikely to sign with the Mavericks.
  • 37-year-old free agent forward Carmelo Anthony continues to weigh interest from the Lakers and Knicks, according to Marc Stein (Twitter link).
  • Before Alex Caruso finalized his four-year agreement with the Bulls, Caruso’s camp checked back in with the Lakers and was told L.A. wouldn’t be putting a counter-offer on the table, a source with knowledge of the situation tells Sam Amick of The Athletic.
  • Newly re-signed Nuggets reserve power forward JaMychal Green fielded richer offers in free agency than the two-year, $17MM contract he ultimately signed to remain in Denver, according to Mike Singer of the Denver Post. Singer says the Pelicans, Timberwolves, and Spurs were the other teams most interested in Green.

Luke Adams contributed to this report.

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Trey Lyles Signs Two-Year Deal With Pistons

August 2nd, 2021 at 8:01pm CST by Dana Gauruder

AUGUST 6: Lyles’ deal is now official, according to NBA.com’s transactions log.

AUGUST 2: Free agent forward Trey Lyles has reached a two-year agreement with the Pistons worth approximately $5MM, agent Rich Paul told Chris Haynes of Yahoo Sports (Twitter link).

A two-year, minimum-salary deal for Lyles would work out to about $4.44MM, so it sounds like he may get something a little higher than the minimum.

Lyles has spent the last two seasons with the Spurs. He also had two-year stints in Utah and Denver. Lyles saw his playing time diminish last season, as he appeared in just 23 games. His representatives were eager to find a new home for their client, who was looking for a fresh start. He started 53 of 63 games in his first year with San Antonio.

Lyles has averaged 7.3 PPG and 4.2 RPG in 15.6 MPG through 374 career games. He’s a 34.1% 3-point shooter.

He’ll provide insurance at the power forward spot behind Jerami Grant and Sekou Doumbouya.

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Spurs Sign Zach Collins To Three-Year Contract

August 2nd, 2021 at 7:01pm CST by Dana Gauruder

AUGUST 11: The signing is official, the team confirms in a press release.

AUGUST 2: The Spurs have decided to roll the dice on injury-plagued free agent forward Zach Collins. 

Collins is departing the Trail Blazers on a three-year, $22MM deal, agent Mark Bartelstein told ESPN’s Adrian Wojnarowski (Twitter link). 

The 10th pick of the 2017 draft, Collins has seen his career sidetracked by injuries. The Trail Blazers decided not to extend him a $7MM qualifying offer, making Collins an unrestricted free agent.

Collins has only appeared in 11 games the past two seasons due to shoulder, foot and ankle injuries.

Collins had a major setback in late June when another fracture was discovered in his left foot. He underwent a second revision surgery to repair a left medial malleolus stress fracture and will require another 4-6 month recovery period.

“Obviously with me being a free agent, it makes it tough,” Collins said last month. “But I’m less concerned about what type of deal I’m going to get, or how many years it’s going to be, or who I’m going to play for … I’m more focused on this rehab and getting this ankle right.”

Bartelstein was confident he could land a multi-year contract for his client, even though Collins will miss at least a portion of next season.

San Antonio is adding at least one other free agent forward, as it also reached a three-year agreement with Doug McDermott.

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Free Agency Rumors: Bulls, Galloway, Bullock, Caruso, Dinwiddie, Theis

August 2nd, 2021 at 4:54pm CST by Alex Kirschenbaum

The Bulls appear to be aware that they need to upgrade their playmaking. Brian Windhorst of ESPN reports (Twitter video link) that Chicago could be looking to add Pelicans guard Lonzo Ball and Spurs guard DeMar DeRozan to their roster.

Windhorst notes that the Bulls may be able to extract Ball from the Pelicans in a sign-and-trade deal, provided the Pelicans can add a point guard replacement for Ball either in the trade or elsewhere. The notion of DeRozan joining the Chicago backcourt as well is intriguing. “From what I am told, [the Bulls] are also interested in DeMar DeRozan, and are interested in pulling off a possible double sign-and-trade where they would send [Chicago’s restricted free agent power forward] Lauri Markkanen to San Antonio,” Windhorst said in an ESPN segment.

Here are more free agency rumors from around the NBA, with the official start of the signing season just moments away:

  • After averaging a career-low 4.8 PPG in a career-low 40 games as essentially a part-time player for the eventual 2021 championship runner-up Suns, Langston Galloway appears ready to move on. “I was on a team that made it to the finals, but my biggest thing is getting an opportunity to play,” Galloway told Michael Scotto of HoopsHype. “Being on a team like that, I learned a lot, and all I need is someone that’s going to believe in me. That’s going to go a long way, and it’s going to pay dividends for whatever team I get the chance to play for next year.”
  • Free agent Knicks shooting guard Reggie Bullock may have suitors offering him new deals in the range of a three-year mid-level contract, tweets Marc Berman of the New York Post. The Knicks still hope to bring Bullock back. Berman adds that the Knicks are also rumored to have interest in free agent shooting guard Evan Fournier, and if they were to add him and Bullock, the incumbent Bullock would be demoted to the New York bench.
  • Unrestricted free agent Lakers reserve point guard Alex Caruso will speak with several clubs and is intent on picking a free agent destination expediently, writes Marks Medina of USA Today (Twitter link). Medina writes that the Lakers, who hold Caruso’s Bird rights, could look to retain him, especially since he could provide their suddenly top-heavy roster with some much-needed shooting and defense in the backcourt.
  • Nets point guard Spencer Dinwiddie apparently will decide between the Pelicans, Knicks and Wizards, though the Celtics could also a candidate, reports Jordan Schultz of ESPN (Twitter link). Sources inform Schultz that the Pelicans at least are prepared to offer Dinwiddie a long-term deal that could pay $20MM or more annually. Shams Charania reports (Twitter video link) that Dinwiddie will meet with the Wizards at the start of free agency. “They have made him an ultimate target early in this free agency process,” Charania said.
  • Free agent Bulls center/power forward Daniel Theis could be a target for several clubs looking for a big man upgrade, writes Michael Scotto of HoopsHype. Scotto lists teams like the Rockets, Spurs, Raptors, Pistons and the playoff-contending Heat as candidates for Theis this summer.
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Stein’s Latest: Lakers, Thomas, Holmes, Portis, More

August 2nd, 2021 at 1:26pm CST by Arthur Hill

Dwight Howard appears to be a strong candidate to rejoin the Lakers, who are also interested in veteran shooters Patty Mills and Wayne Ellington, according to Marc Stein of Substack. L.A. is looking for low-cost options to fill out its roster after the trade that brought Russell Westbrook from the Wizards, and Howard, Mills and Ellington may be willing to accept minimal deals for the chance to play for a title contender.

Given their financial position, the Lakers could have trouble holding onto Alex Caruso, Stein adds. The fourth-year guard has been effective in a bench role during his time in Los Angeles, and many teams are expected to pursue him.

There’s more from Stein:

  • The Celtics are interested in bringing back Isaiah Thomas, who was an All-Star in Boston before being sent out in the Kyrie Irving trade. New president of basketball operations Brad Stevens is a strong supporter of Thomas, who played three games for the Pelicans last season.
  • The Kings are expected to give center Richaun Holmes an offer in the four-year, $50MM range. However, he may do better on the open market after back-to-back strong seasons in Sacramento.
  • Several teams would like to add Bobby Portis, but there’s a belief around the league that he will stay with the Bucks despite their limited resources to re-sign him.
  • The Mavericks are virtually certain to keep center Boban Marjanović, who is a close friend of Luka Doncic.
  • There were some pre-draft trade rumors involving Shai Gilgeous-Alexander, but the Thunder still see him as a franchise cornerstone and plan to use their draft capital to build around him. Gilgeous-Alexander is expected to receive a maximum extension on his rookie contract this summer, which would pay him $168MM over five years.
  • John Collins was the top target for the Spurs, who will have about $40MM to spend, but now that he’s expected to stay in Atlanta, San Antonio may shift to restricted free agent Lauri Markkanen.
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2021 NBA Qualifying Offer Recap

August 2nd, 2021 at 10:41am CST by Luke Adams

Players eligible for restricted free agency don’t become restricted free agents by default. In order for a team to make a player a restricted free agent, it must extend a qualifying offer to him. The qualifying offer, which is essentially just a one-year contract offer, varies in amount depending on a player’s previous contract status.

A qualifying offer is designed to give a player’s current team the right of first refusal. Because the qualifying offer acts as the first formal contract offer a free agent receives, his team then has the option to match any offer sheet the player signs with another club. If a player doesn’t receive a qualifying offer, he becomes an unrestricted free agent and is free to sign with any team — his previous club is given no formal opportunity to match.

You can read more about qualifying offers here.

Listed below are the details on which players did and didn’t receive qualifying offers this summer. Our list is based on various reports and team announcements leading up to the August 1 deadline, along with information from RealGM’s official NBA transactions log.

It’s possible that one or two qualifying offers slipped through the cracks and will be reported later today before free agency officially gets underway — if so, we’ll update this list. For now though, this is what the qualifying offer landscape looks like. The players who received QOs will be restricted free agents, while the players who didn’t will be unrestricted.

Received qualifying offers:

Players on standard contracts:

Players on two-way contracts:

Note: Qualifying offers for two-way players are one-year, two-way contracts with a $50K guarantee unless otherwise indicated.

Did not receive qualifying offers:

Players on standard contracts:

Players on two-way contracts:

Note: Some players who finished the season on two-way contracts signed two-year deals, making them ineligible for free agency this summer. They remain under contract. Additionally, some of the players listed below did not have spent enough time on an NBA active roster to be eligible for a qualifying offer.

Salary information from Basketball Insiders was used in the creation of this post.

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Hollinger’s Latest: CP3, Knicks, Fournier, Bulls, Rose, Pacers, More

August 2nd, 2021 at 10:28am CST by Luke Adams

There was talk last week that the Pelicans would be a serious suitor for Chris Paul in free agency, but that chatter seems to have faded, according to John Hollinger of The Athletic, who says the veteran point guard is now widely expected to re-sign with the Suns.

As Hollinger explains, he heard the Suns’ initial offer to Paul when the two sides were discussing a possible extension was somewhat “underwhelming,” but the club now appears prepared to offer a more serious package. No one around the league will be surprised if the total value of Paul’s new deal gets up to $100MM or more, Hollinger adds.

Here are several more free agent rumors from Hollinger:

  • Amidst rumors that Evan Fournier‘s price tag may be too high for the Celtics‘ liking, Hollinger suggests that the Knicks may be the team preparing to make an aggressive offer to the free agent wing. Hollinger adds that it’s worth keeping an eye on Mitchell Robinson and the Knicks, since a renegotiate-and-extend deal is a possibility for the two sides. That sort of agreement would give Robinson a raise for 2021/22 and lock him up for multiple seasons.
  • If the Bulls don’t land Lonzo Ball, one of their backup plans may be offering Derrick Rose a deal in the neighborhood of $12MM per year, says Hollinger.
  • Hollinger’s sources expect T.J. McConnell to stick with the Pacers for a deal worth around – or slightly above – the taxpayer mid-level exception ($5.9MM), but the competition for Doug McDermott will be fiercer and Indiana will face tax issues if the team wants to re-sign both players without trimming salary elsewhere.
  • If Richaun Holmes‘ presumed suitors – such as Charlotte and Toronto – end up using their cap room in other ways, he might be squeezed in free agency, allowing the Kings to re-sign him despite only holding his Early Bird rights. If that scenario plays out, Hollinger expects Holmes to sign a two-year deal with a player option so that he can hit the open market again in 2022 with full Bird rights.
  • There hasn’t been much free agent chatter surrounding Nuggets guard Will Barton or Trail Blazers Norman Powell, according to Hollinger, who writes that teams seems to be assuming those two players will remain with their respective clubs.
  • It has been tricky to figure out what the Spurs plan to do with their projected cap room, says Hollinger. Daniel Theis is the most prominent free agent target Hollinger has heard linked to San Antonio.
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Fischer’s Latest: Iguodala, Millsap, Mills, Robinson, McDermott, More

August 2nd, 2021 at 9:18am CST by Luke Adams

The Lakers and Warriors, a pair of Pacific rivals, may be competing for some of the same veterans in free agency, according to Jake Fischer of Bleacher Report, who notes that both teams are believed to be eyeing Andre Iguodala.

League sources tell Bleacher Report that Paul Millsap would be interested in joining the Warriors for a deal in the range of the taxpayer mid-level exception (approximately $5.9MM), though a reunion with the Hawks is also a possibility for Millsap, Fischer adds.

The Lakers, meanwhile, have been linked to Patty Mills, according to Fischer, who notes that the team would likely have to offer Mills more than the minimum to lure him to L.A.

Here are a few more free agency rumors from Fischer:

  • Fischer says the numbers floating around for Duncan Robinson‘s next contract are about $16-18MM per year, which is the range I previously speculated for the Heat forward, given last year’s market for top shooters.
  • Another three-point marksman, Pacers wing Doug McDermott, is expected to get a deal worth more than the $9.5MM mid-level exception, per Fischer.
  • The Spurs and Pistons are among the teams with Bulls restricted free agent forward Lauri Markkanen on their radar, according to Fischer.
  • Veteran swingman Danny Green is thought to have interest in playing for the Heat, Fischer reports.
  • Gorgui Dieng will likely be in line for a deal worth about the bi-annual exception ($3.7MM), with the Suns and Spurs among his potential suitors, writes Fischer.
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Free Agent Rumors: Dinwiddie, Ball, DeRozan, Pistons, Clippers

August 2nd, 2021 at 8:58am CST by Luke Adams

There are conflicting rumors on the possibility of the Wizards acquiring Spencer Dinwiddie via sign-and-trade, according to John Hollinger of The Athletic, who says that one source described that scenario as “pure vapor,” while another insisted that it’s real if the Nets can dump DeAndre Jordan‘s contract in the process.

As Hollinger points out, if the Wizards expand their Russell Westbrook trade with the Lakers to include Brooklyn, they could theoretically flip Kyle Kuzma to the Nets and acquire Dinwiddie via sign-and-trade while also taking on Jordan’s contract.

However, there are other scenarios in play for both Dinwiddie and the Wizards. Both Hollinger and Jake Fischer of Bleacher Report suggest that the idea of the Thunder signing Dinwiddie for a deal in the two-year, $40MM range has been floating around the league, and Fischer reiterates that Dinwiddie is a viable Plan B for the Pelicans if they miss out on Kyle Lowry.

Meanwhile, both Hollinger and Fischer say the Wizards are also believed to have interest in point guard Alex Caruso, whose market could be in the neighborhood of the full mid-level exception. Hollinger adds that there has been “some hum” about the possibility of Washington having interest in Pacers guard Malcolm Brogdon.

Here are a few more rumors on some of this year’s top free agents:

  • Hollinger and Fischer identify the Bulls as the most likely team to sign Lonzo Ball to an offer sheet, likely in the four-year, $80-84MM range. However, Chicago would have to dump some salary to make room for such an offer sheet, and it’s unclear if the team is prepared to make those moves without being certain the Pelicans won’t match the offer, notes Hollinger.
  • The Celtics continue be mentioned as a possible Ball suitor, per Fischer and Sam Amick of The Atheltic. Amick also names the Mavericks as a possibility for Ball, while Hollinger dubs the Pacers a “dark horse” in the Ball sweepstakes, suggesting that a deal sending Malcolm Brogdon to the Pelicans could tempt New Orleans. Finally, Hollinger mentions an intriguing double sign-and-trade possibility that would send Lonzo to the Hornets to team up with his brother LaMelo Ball, with Devonte’ Graham going to the Pelicans.
    • Note: Hollinger has since amended this last item, suggesting that Lonzo and Graham could be involved in a double-sign-and-trade, but that Ball would likely be rerouted to a team besides Charlotte in that scenario.
  • The idea of DeMar DeRozan signing with the Heat for their mid-level exception has been a hot rumor lately, according to Hollinger. However, Fischer says DeRozan is also said to have interest from the Knicks, Pistons, and Mavericks, while Amick indicates a return to the Spurs remains “very possible.”
  • According to both Hollinger and Fischer, Kelly Olynyk has been increasingly mentioned as a target for the Pistons, who also may re-sign Cory Joseph at a lesser rate after waiving him over the weekend.
  • Outside of bringing back Kawhi Leonard, the Clippers‘ top priorities in free agency are re-signing Reggie Jackson and Nicolas Batum, sources tell Amick.
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Scotto’s Latest: Markkanen, Noel, Raptors, Pistons, L. Williams

August 1st, 2021 at 7:29am CST by Luke Adams

The Bulls and Lauri Markkanen are open to working out a sign-and-trade deal that would send him to a new team, league sources tell Michael Scotto of HoopsHype. Chicago issued Markkanen a qualifying offer this week that will ensure he’s a restricted free agent, giving the team some leverage in negotiations.

Scotto identifies the Timberwolves – who have long been on the hunt for a power forward – as one team to watch as a possible sign-and-trade destination for Markkanen. The Spurs and Thunder are also among the teams with Markkanen on their radar, per Scotto. San Antonio and Oklahoma City would have the cap flexibility necessary to issue Markkanen an offer sheet without giving up an asset in a sign-and-trade if they’re confident Chicago won’t match.

Here are a few more updates on free agency from Scotto:

  • Following a strong season in New York, free agent big man Nerlens Noel is expected to draw interest from the Raptors, Knicks, Pistons, and Kings, writes Scotto.
  • The Raptors and Pistons should have a little cap flexibility and will likely look to the free agent market to address the center position. Scotto reiterates that Jarrett Allen and Richaun Holmes are on Toronto’s radar, and names Kelly Olynyk as a potential Detroit target. Some people around the league believe Olynyk will end up signing a deal worth $10-12MM per year, Scotto adds.
  • Despite mutual interest in a new deal between the Hawks and Lou Williams, the three-time Sixth Man of the Year will receive interest from other clubs, including the Pacers and Bucks, says Scotto. Williams is seeking a multiyear deal.
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