San Antonio Spurs Rumors | Hoops Rumors

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.

Southwest Notes: Ingram, Grizzlies, Barnes, Spurs

July 8th, 2024 at 5:17pm CST by Luke Adams

The Hawks were considered a possible trade suitor for Brandon Ingram this offseason, but they ended up not having much interest in giving the forward his next contract or surrendering either Clint Capela or Onyeka Okongwu in a trade with the Pelicans, league sources tell William Guillory of The Athletic.

As a result, the Pelicans and Hawks instead made a deal involving Dejounte Murray that didn’t include Ingram or either of Atlanta’ centers. Now it’s unclear whether New Orleans will be able to find a trade partner for Ingram, who will be on an expiring contract in 2024/25.

According to Guillory, both the Pelicans and Ingram would prefer not to go into training camp without an extension, since it may become a distraction. That could mean New Orleans will be looking to complete a trade by late September, but it also doesn’t sound like a new contract for the former All-Star is out of the question. Guillory cites “some optimism within the building” that Ingram and the Pelicans could work out an extension below the max that leaves both sides happy.

Here’s more from around the Southwest:

The Grizzlies have officially announced Taylor Jenkins‘ new-look coaching staff for the 2024/25 season (Twitter link). Anthony Carter and Patrick St. Andrews are the only returning assistants, though one newcomer (Jason March) had been coaching the Memphis Hustle, while another (Erik Schmidt) was the Grizzlies’ head video coordinator. Joe Boylan (formerly of the Timberwolves), Patrick Mutombo (from the Bucks), Tuomas Iisalo (Paris Basketball), and Noah LaRoche are the other additions. Former assistants Blake Ahearn, Brad Jones, Scoonie Penn, Sonia Raman, and Vitaly Potapenko have all been replaced, writes Damichael Cole of The Memphis Commercial Appeal.
LJ Ellis of SpursTalk shares his thoughts on the Spurs‘ impending acquisition of Harrison Barnes, explains why he likes the fit and why he expects the veteran forward to be a starter in San Antonio. As Ellis notes, more minor roster moves will be necessary to open up enough cap room to accommodate Barnes’ incoming salary, so he’s reluctant to give his final assessment of the deal until it’s clear what those moves will be.
As Mike Finger of The San Antonio Express-News points out (via Twitter), the Spurs wouldn’t have been in position to add both Barnes and Chris Paul if they had kept the No. 8 overall pick in the draft, which carried a cap hit of $6.26MM.

Spurs Officially Sign Chris Paul

July 7th, 2024 at 4:21pm CST by Dana Gauruder

The Spurs have officially signed 11-time All-NBA guard Chris Paul, according to a team press release relayed by ESPN’s Andrew Lopez (Twitter link).

Paul’s intention to sign with San Antonio was made public a week ago. The contract will reportedly be a one-year deal worth more than $11MM.

Paul was waived by the Warriors at the start of free agency. The 12-time All-Star figures to be a natural, if short-term, pick-and-roll partner for Victor Wembanyama.

Paul came off the bench a majority of the season for Golden State but will likely start for the Spurs. San Antonio used a variety of players to initiate the offense in Wembanyama’s rookie season with Tre Jones getting a majority of the starts at that position. Still, given that the Spurs seemed reluctant to make Jones their starter and didn’t do so until January, it seems unlikely that he would get the nod in next year’s starting five over the veteran Paul.

San Antonio’s cap space gave it an advantage over some other potential suitors for Paul. Golden State had to make a decision prior to free agency whether to guarantee Paul’s $30MM salary for the 2024/25 season. The Warriors were unsuccessful in their attempts to include Paul’s contract in a blockbuster deal, including a potential swap with the Clippers for Paul George.

Paul, who turned 39 in May, remained productive in 2023/24, averaging 9.2 points, 6.8 assists, and 3.9 rebounds in 26.4 minutes per game in 58 appearances (18 starts) for the Warriors. He posted a shooting line of .441/.371/.827.

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.

Spurs Trade Furphy To Pacers For Nunez, Cash

July 6th, 2024 at 12:00pm CST by Luke Adams

JULY 6: The trade sending No. 35 pick Furphy to Indiana in exchange for No. 36 pick Nunez and cash is officially complete, the Pacers announced in a press release. The deal couldn’t be completed until the start of the 2024/25 league year because San Antonio had reached its cash received limit for ’23/24.

JUNE 27: The Pacers and Spurs have agreed to swap places in the second round of the draft, with Indiana moving up one spot to No. 35 and San Antonio moving down to No. 36, per Shams Charania of The Athletic (Twitter links).

The Pacers used the No. 35 pick to select Kansas wing Johnny Furphy, while the Spurs picked Spanish point guard Juan Nunez at No. 36.

The Spurs are receiving cash from the Pacers in exchange for moving down one spot, reports Jake Fischer of Yahoo Sports (Twitter link). That means Indiana will be hard-capped at the second tax apron for the 2024/25 league year, since second-apron teams aren’t permitted to send out cash in trades. That shouldn’t have a major impact on the Pacers’ plans, since they were very unlikely to spend that much on next season’s roster anyway.

Furphy, a 6’9″ Australian who was widely viewed as a potential first-round pick, averaged 9.0 points and 4.9 rebounds in 24.1 minutes per game in his first and only college season with the Jayhawks, posting a shooting line of .466/.352/.765. He’s the first player selected in this draft by the Pacers, who sent their first-round pick to Toronto in the Pascal Siakam trade.

As for Nunez, it’s unclear whether or not he’ll join the Spurs for the 2024/25 season, since he has widely been viewed as a draft-and-stash candidate.

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.

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.

Trade Rumors: Markkanen, DeRozan, Young, Cavaliers

July 5th, 2024 at 4:09pm CST by Rory Maher

The Jazz continue to listen to trade offers for Lauri Markkanen, according to ESPN’s Zach Lowe (subscriber link), who hears from sources who say the Heat are among the teams interested in the star forward.

As Lowe writes, Markkanen’s situation is complicated because he’s on a below-market contract that will pay him $18MM in 2024/25, which is the final season of his contract. That makes a standard contract extension – which can’t start above 40% of his current salary – unlikely. Rival teams may not be willing to give up a major haul of assets with no guarantees that the 27-year-old would stick around beyond next season.

Utah could potentially get more value in return for Markkanen in several months if the team renegotiates and then extends his contract. However, that scenario is also tricky.

As Marc Stein details (Substack link), Markkanen becomes eligible for a renegotiation and extension on August 6, but he won’t be trade-eligible for six months if he signs a new deal. That means if he signs the extension on the first day he’s eligible to, he would only be eligible to be traded for one day during the season: February 6, the day of the deadline. If the extension is signed on August 7 (or later), Markkanen would not be eligible to traded during the upcoming season.

While it’s not surprising that the Heat have shown interest in the Finnish star, Barry Jackson of The Miami Herald casts doubt (via Twitter) on the feasibility of the team actually acquiring him. As Jackson notes, Utah has placed a high asking price in previous talks with Miami, which lacks future first-round picks to offer.

One team interested in Markkanen seems confident that he’ll eventually be traded, per Stein. Utah’s own 2025 first-round pick is top-10 protected, so the Jazz could be incentivized to tank ahead of a strong draft class. Utah has also struggled to acquire a second star to build the roster around him.

Here are some more trade rumors from around the NBA:

The Kings appear to be the frontrunner to acquire DeMar DeRozan in a sign-and-trade with the Bulls, according to ESPN’s Adrian Wojnarowski, who made the comments on SportsCenter (Twitter video link; hat tip to RealGM). However, Wojnarowski said a third team would likely to be need to be involved to absorb salaries, as Chicago is reluctant to add to its payroll. A six-time All-Star, DeRozan remains the top free agent left on the market.
According to Lowe, the trade market for Hawks point guard Trae Young “is as chilly as it has ever been.” Sources tell Lowe that the Spurs and Lakers — two teams linked to Young — haven’t expressed much recent interest in the three-time All-Star. Lowe says San Antonio appears unmotivated to help Atlanta regain control of its own first-round picks in a deal for Young.
Lowe hears rumors of Darius Garland potentially requesting a trade from the Cavaliers following Donovan Mitchell‘s extension have “quieted,” which confirms a report from his ESPN colleague Brian Windhorst. According to Lowe’s sources, the Cavs are still on the hunt for a 3-and-D wing, with Nets forwards Cameron Johnson and Dorian Finney-Smith worth monitoring, though Cleveland only has one tradable first-round pick (2031). Stein has also heard that center Jarrett Allen will likely be difficult to acquire after Kenny Atkinson was hired as head coach, which means the Cavs could have the same core together entering next season.