- The Spurs intend to sign future Hall of Famer Chris Paul to a one-year, $11MM+ contract once he clears waivers. That one-year agreement isn’t a coincidence, according to Jeff McDonald of The San Antonio Express-News, who hears the team is prioritizing short-term contracts to maximize financial flexibility for the 2025 offseason (Twitter link). The list of free agents for next year can be found here. Of course, it’s possible the Spurs may be more focused on trade possibilities in 2025 than free agency, as they control several future first-round picks.
- Spurs No. 4 overall pick Stephon Castle is thrilled to team up with reigning Rookie of the Year Victor Wembanyama, writes Andrew Lopez of ESPN. “Just the thought of playing with him, of course it circulates in your mind, but it really doesn’t feel real until it becomes reality,” Castle said. “So I mean, just to know that that’s going to be my future teammate now, I’m just really excited for what our future looks like.” Castle won a championship with UConn in his lone collegiate season.
Chris Paul intends to sign with the Spurs once he clears waivers, Chris Haynes of TNT and Bleacher Report tweets.
Paul was waived by the Warriors at the start of free agency. He’ll be an unrestricted free agent once he goes through waivers but he didn’t wait that long to choose his new team.
He’ll sign a one-year deal worth more than $11MM, ESPN’s Adrian Wojnarowski tweets.
Earlier on Sunday, Marc Stein (Twitter link) reported that San Antonio has “strong” interest. The 12-time All-Star figures to be a natural, if short-term, pick-and-roll partner for Victor Wembanyama.
It’s unclear whether the Spurs intend to use Paul as their starting point guard or if they’ll have him coming off the bench, as he did a majority of this past season in his one year with the Warriors.
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. The Spurs could sign him without waiving Devonte’ Graham, whose guarantee date was pushed back to July 8.
Graham’s contract is already partially guaranteed for $2.85MM for next season, but it will increase to $12.65MM if the Spurs retain him. If they waive Graham and their other non-guaranteed players, they would still have a $16MM in cap space at their disposal to sign Paul, cap expert Yossi Gozlan tweets.
At the moment, the Spurs are considered an over-the-cap team. If they stay that way, they could instead sign Paul by using a majority of their $12.8MM mid-level exception, ESPN’s Bobby Marks tweets.
Golden State had to make a decision today whether to guarantee Paul’s $30MM salary for the 2024/25 season. Both the Warriors and Paul agreed to push back the guarantee date from Friday to Sunday. The Warriors had attempted to include Paul’s contract in a blockbuster deal, including a potential swap with the Clippers for Paul George. However, they were unable to pull anything off.
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.
With free agency officially underway, sources tell Shams Charania of The Athletic and Stadium that the Thunder are meeting with UFA center Isaiah Hartenstein in his hometown of Eugene, Oregon (Twitter link).
According to Charania, the Magic — who just agreed to a three-year, $66MM deal with Kentavious Caldwell-Pope — are prioritizing wings with their cap room, while the Knicks are trying to figure out how to avoid being hard-capped at the first apron as part of the Mikal Bridges trade, possibly opening the door for Oklahoma City. Charania also lists the Jazz as a team with interest in Hartenstein, but Utah is “focused on current roster decisions.”
Hartenstein, 26, is the top center on the open market after Nic Claxton agreed to a four-year, $100MM deal to return to Brooklyn.
Here are a few more trade and free agency rumors from around the NBA:
- Sean Cunningham of Fox40 KTXL confirms the Kings have interest in trading for Pelicans forward Brandon Ingram (Twitter link). As Cunningham observes, Ingram previously played under Alvin Gentry, who is now in a front office role with Sacramento. A one-time All-Star, Ingram will earn $36MM in 2024/25, which is the final year of his contract. New Orleans is reportedly unwilling to give the 26-year-old a maximum-salary extension, making Ingram a prime trade candidate.
- The Pistons, Jazz, Spurs and Mavericks are among the teams interested in free agent forward Tobias Harris, who is meeting with potential suitors in California, a source tells Keith Pompey of The Philadelphia Inquirer. All four clubs have previously been linked to Harris, who has spent the past five-plus seasons with the 76ers. With no cap room available, Dallas would only be able to acquire Harris in a sign-and-trade, Pompey notes.
- While the Rockets have interest in a reunion with veteran guard Aaron Holiday, they also recognize that he might find an opportunity for more minutes elsewhere, according to Kelly Iko of The Athletic. The 27-year-old has multiple suitors in free agency, Iko adds. It’s worth noting that Houston drafted Kentucky guard Reed Sheppard with the No. 3 overall pick last week.
5:25pm: The Warriors have officially waived Paul, the team confirmed (via Twitter).
4:45pm: The Warriors are waiving point guard Chris Paul, Chris Haynes of TNT and Bleacher Report tweets. Paul will now become an unrestricted free agent once he clears waivers.
Golden State had to make a decision today whether to guarantee Paul’s $30MM salary for the 2024/25 season. Both the Warriors and Paul agreed to push back the guarantee date from Friday to Sunday.
The Warriors had attempted to include Paul’s contract in a blockbuster deal, including a potential swap with the Clippers for Paul George. However, they were unable to pull anything off.
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.
The rule prohibiting tax-apron teams from signing a waived player whose previous salary was higher than the full mid-level exception only applies if the player is cut during the regular season. Thus, Paul is free to sign with anyone.
The Suns, who can only offer veteran’s minimum contracts, could be an option for Paul, though John Gambadoro of Arizona Sports 98.7 (Twitter link) dismissed that possibility. The Clippers have also been mentioned as a potential landing spot.
Another intriguing possibility is the Spurs, according to Marc Stein (Twitter link), who says San Antonio has “strong” interest. The 12-time All-Star could be a natural, if short-term, pick-and-roll partner for Victor Wembanyama. There will undoubtedly be other suitors for the future Hall of Famer.
The Warriors, meanwhile, are in the unusual position of being under the tax aprons by shedding Paul’s contract. They currently have $147.2MM in salary commitments among 12 players, nearly $31MM under the first tax apron, ESPN’s Bobby Marks tweets. That puts them in position to potentially use the full mid-level exception and/or bi-annual exception. Klay Thompson and Dario Saric are now free agents.
After Jake Fischer of Yahoo Sports reported earlier today that the Nuggets are preparing to lose Kentavious Caldwell-Pope, Michael Scotto of HoopsHype confirms there’s a growing belief around the league the veteran wing won’t remain in Denver.
The Magic have “significant” interest in Caldwell-Pope and there has been growing buzz about the possibility of Orlando aggressively pursuing him, Scotto says, adding that the Magic’s interest in Klay Thompson has cooled by comparison. Multiple executives who spoke to HoopsHype believe Caldwell-Pope will sign for $20-25MM per year.
The Sixers, who have also frequently been cited as a Caldwell-Pope suitor, have been exploring the feasibility of landing both KCP and Paul George using their cap room, tweets Marc Stein.
Here are several more rumors with the official start of free agency just a couple hours away:
- While James Harden has been mentioned as a possible mid-level ($12.9MM) target for the Lakers, the expectation is that the Clippers will be willing to pay him approximately double that amount, Scotto writes, echoing a comment made by Adrian Wojnarowski on ESPN (YouTube link).
- Rival executives aren’t expecting Luke Kennard to be truly available as an unrestricted free agent, according to Fischer, who says Kennard and the Grizzlies seem to be interested in continuing their relationship after the team turned down its option the sharpshooter on Saturday.
- New Pistons head of basketball operations Trajan Langdon is known to be a fan of center Isaiah Hartenstein, so Detroit is considered a candidate to make a play for the Knicks big man, Fischer reports. A return to the Knicks still hasn’t been entirely ruled out for Hartenstein, though the Thunder continue to be viewed as a probable suitor as well, Fischer notes.
- With point guard Tyus Jones seeking starter-level money as a free agent this offseason and the Wizards still in the early stages of their rebuilding project, there’s a growing sense that Washington will be open to moving Jones via sign-and-trade, per Scotto.
- Free agent wing Haywood Highsmith is expected to draw interest from a mix of cap-room teams such as the Pistons, Hornets, Jazz, Spurs, and Sixers, as well as over-the-cap clubs like the Pacers, Kings, and Warriors, league sources tell Scotto, who suggests the 27-year-old could end up with a deal in the range of the full mid-level.
- The Lakers are expected to have interest in re-signing both Taurean Prince and Spencer Dinwiddie, with Dinwiddie also likely to draw interest from the Mavericks, Scotto writes. NBA executives who spoke to HoopsHype projected Prince to potentially land a contract in the range of $5MM+ annually over two years.
Having confirmed on Saturday that LeBron James would be open to accepting less than the maximum salary in certain scenarios, agent Rich Paul tells Dave McMenamin of ESPN that the idea would be for the Lakers to add an “impact player” using that extra flexibility.
James Harden, Klay Thompson, and Jonas Valanciunas are a few of the “impact” players who might fit that criteria, sources tell McMenamin. While it might be difficult to convince Harden or Thompson to settle for the mid-level (worth approximately $12.9MM), a sign-and-trade could also be a possibility to land that sort of player. Acquiring a player via sign-and-trade would hard-cap the Lakers at the first tax apron for 2024/25, but so would using more than the taxpayer portion ($5.2MM) of the mid-level exception.
[RELATED: Lakers, Clippers, Mavericks among Klay Thompson’s suitors]
If the Lakers aren’t able to add a player of that caliber, the plan would be for James to seek a max deal to return to the Lakers, Paul tells McMenamin. If LeBron does accept a pay cut, the most likely scenario would see him accept a two-year deal with a 2025/26 player option so that he’d have the ability to negotiate a raise a year from now, sources tell Jovan Buha of The Athletic.
Elsewhere on the Lakers front, after tendering a qualifying offer to Max Christie to make him a restricted free agent, the team would like to retain the 21-year-old guard, envisioning him as a rotation player next season, sources tell Buha. However, if L.A. hard-caps itself by adding an impact player via sign-and-trade or the MLE, fitting a new deal for Christie under the first apron could be a challenge.
Here are a few more rumors from around the NBA ahead of the official start of free agency on Sunday evening:
- Adrian Wojnarowski of ESPN referred to the Sixers this morning on SportsCenter as a “legitimate threat” to sign Paul George away from the Clippers (hat tip to Adam Zagoria of NJ.com), while Marc Stein writes in his latest Substack story that Philadelphia has a “significant measure of renewed hope” in its ability to land the star forward.
- Although the Magic are one of three teams to secure a meeting with George, the free agents connected most frequently to Orlando by league insiders are Knicks center Isaiah Hartenstein and Nuggets wing Kentavious Caldwell-Pope, per Stein.
- There’s a belief that DeMar DeRozan may wait to see what happens with George’s free agency before making a decision, according to Stein, since he’d have a better feel for his options outside the Bulls at that point. Multiple reports this offseason have suggested the Clippers could be a suitor for DeRozan (likely via sign-and-trade) if they lose George.
- While the Lakers have emerged as a legitimate option for Klay Thompson, the Mavericks have made the veteran sharpshooter their top free agent priority, even ahead of starting small forward Derrick Jones, says Stein. Dallas hasn’t ruled out the possibility of signing both players – that would require a sign-and-trade for Thompson and an MLE deal for Jones – which would be the team’s true “Plan A,” Stein writes, adding that Naji Marshall continues to be mentioned as a likely Mavs target if they lose Jones.
- The Clippers and Spurs are among the teams expected to have interest in Chris Paul if the veteran point guard ends up being waived by Golden State and becoming a free agent, reports Stein.
Saturday represented the deadline for teams and players to exercise 2024/25 contract options and for teams to issue qualifying offers to players eligible for free agency. While there was a flurry of news about those options and QO decisions yesterday, a few players still slipped through the cracks.
We’ll start with Rockets forward Jeff Green. Reporting last week indicated that Houston planned to exercise his $8MM team option for 2024/25 and the team did just that, per RealGM’s transaction log. Green’s salary technically remains non-guaranteed until July 11 even now that his option has been picked up, but the expectation is that he’ll be retained — his expiring deal could be a useful salary-matching piece in a trade, and he also played rotation minutes for Houston last season, averaging 16.8 MPG in 78 appearances.
While there was no official confirmation on Saturday (as far as we could tell), Grizzlies forward Yuta Watanabe had long been expected to decline his $2.65MM player option for the 2024/25 season, since he’s on track to return to his home country of Japan and play for the Chiba Jets. There’s no indication that those plans have changed or that he picked up his option, so we’re assuming it was declined and that he’ll be off the board for NBA teams this offseason.
Finally, Davis Bertans‘ option with the Hornets was technically an early termination option rather than a player option, meaning that instead of needing to actively exercise it if he wanted to opt in, he needed to do nothing to opt in. He did just that, and will remain under contract with Charlotte for the time being, rather than becoming a free agent. However, his $16MM option salary is only partially guaranteed for $5.25MM, so he’s not assured of having the rest of that salary guaranteed, especially if the Hornets are looking to maximize their cap flexibility this offseason.
Here are a few more updates left over from a busy Saturday:
- Dominick Barlow, a 21-year-old forward who has spent the past two seasons with the Spurs, didn’t receive a qualifying offer to make him a restricted free agent, per Adrian Wojnarowski of ESPN (Twitter link). San Antonio isn’t necessarily planning to part ways with Barlow, according to Tom Orsborn of The San Antonio Express-News, who tweets that the Spurs still have interest in discussing a new deal. However, he’ll have interest from other teams as well, says Wojnarowski.
- The Kings didn’t tender qualifying offers to their three players eligible for restricted free agency (Kessler Edwards, Jordan Ford, or Jalen Slawson), confirms Sean Cunningham of FOX 40 Sacramento (Twitter link). All three players will be unrestricted free agents.
- According to RealGM, players who did receive qualifying offers that weren’t previously reported (that we saw) include no-brainers like Sixers guard Tyrese Maxey and Raptors guard Immanuel Quickley, as well as Mavericks two-way player Brandon Williams.
- We’ve previously published trackers for this year’s team option decisions and player option decisions, which are now fully up to date. We’ll be posting a full qualifying offer recap later this morning.
The Jazz declined to issue qualifying offers to guard Kira Lewis or center Micah Potter ahead of Saturday’s deadline, reports Tony Jones of The Athletic (Twitter links). As a result, both players will be unrestricted free agents this summer rather than restricted.
Lewis, the 13th overall pick in the 2020 draft, didn’t establish himself as a rotation player during three-and-a-half seasons in New Orleans. He was traded from the Pelicans to the Pacers to the Raptors to the Jazz during the 2023/24 season, and played a limited role in Utah after arriving from Toronto as a salary-matching piece in the deal involving Kelly Olynyk and Ochai Agbaji. His qualifying offer would have been worth $7.74MM, so it comes as no surprise that it wasn’t tendered.
Potter also played sparingly for the Jazz last season while on a two-way contract, though he has shown some promise in the G League and is part of the U.S. Select Team that will scrimmage with Team USA ahead of the Olympics. His qualifying offer would’ve been for a partially guaranteed minimum-salary deal. According to Jones, a return to Utah is possible, though Potter may receive interest from other teams.
The only Jazz player eligible for restricted free agency who received a qualifying offer is guard Johnny Juzang, Jones reports (Twitter link). Since he has finished each of the past two seasons on a two-way contract with Utah, Juzang wasn’t eligible for another two-way qualifying offer, so his QO is for a partially guaranteed one-year minimum deal.
Here are more qualifying offer updates from around the NBA:
- Former Magic first-round pick Chuma Okeke didn’t receive a qualifying offer that would’ve been worth about $7.4MM and will become an unrestricted free agent, per Jason Beede of The Orlando Sentinel. Okeke, 25, has played good defense since entering the league in 2020, but hasn’t contributed much offensively, averaging 6.3 points per game on .383/.318/.789 shooting in 189 career contests (20.3 MPG).
- The Pacers have tendered qualifying offers to Obi Toppin ($7.74MM), Oscar Tshiebwe (two-way), and Quenton Jackson (two-way), according to a pair of stories from Tony East of SI.com. All three players will now be restricted free agents.
- The Hawks have issued a two-way qualifying offer to guard Vit Krejci, making him a restricted free agent, a league source tells Lauren L. Williams of The Atlanta Journal-Constitution (Twitter link). Krejci is a candidate to negotiate a standard contract with Atlanta after finishing the 2023/24 season as a rotation player. He could also sign an offer sheet with another team, but the Hawks would have the right to match it.
- After declining Neemias Queta‘s team option for 2023/24, the Celtics tendered him a qualifying offer, according to Keith Smith of Spotrac (Twitter link). Two-way player Drew Peterson also got a qualifying offer from Boston, but JD Davison didn’t, Smith adds. Queta’s QO will be worth approximately $2.37MM, while Peterson’s will be for another two-way contract.
- The following players also received two-way qualifying offers, according to Smith: Lakers big man Colin Castleton (Twitter link), Bulls forward Adama Sanogo (Twitter link), Spurs wing David Duke (Twitter link), and former Warriors guard Nico Mannion (Twitter link), whose RFA rights continue to held by Golden State as he continues his career overseas. San Antonio issued a $2.7MM qualifying offer to big man Sandro Mamukelashvili too, making him a restricted free agent, tweets Smith.
- The Clippers opted not to extend qualifying offers to two-way players Xavier Moon and Moussa Diabate, according to Law Murray of The Athletic (Twitter links). The door isn’t closed on a new deal for either player, but it sounds like they’ll explore their options as unrestricted free agents, per Murray. The qualifying offers for Moon and Diabate would have been partially guaranteed minimum-salary offers, since they were ineligible for another two-way QO.
- Neither Nate Hinton nor Jermaine Samuels received a two-way qualifying offer from the Rockets, tweets Kelly Iko of The Athletic. Both players will be unrestricted free agents.
The Hawks‘ trade of Dejounte Murray will make the roster cheaper, more coherent, and a better fit around star guard Trae Young, The Athletic’s John Hollinger writes. However, it’s not clear whether Young remains in the franchise’s long-term plans.
While the roster might fit better together now, the Hawks have gone 161-157 over the past four seasons and don’t necessarily appear any closer to being a contender in the Eastern Conference. However, due to the original acquisition of Murray, the Spurs control the Hawks’ first-round picks for the next three drafts (unprotected in 2025 and 2027 and an unprotected swap in 2026)
That’s why, Hollinger writes, the Spurs are the most logical trade partner for any deal involving Young. San Antonio is looking for an elite point guard to pair with Victor Wembanyama, and the combined salaries of Devonte’ Graham (whose guarantee date was just pushed back), Zach Collins and Tre Jones match Young’s, Hollinger points out.
Outside of Young, offers for the likes of Clint Capela and De’Andre Hunter have been lacking, Hollinger hears from league sources, but more moves out of Atlanta are expected.
For now though, this is Young’s team and the trade of Murray allows for more roster flexibility, including unlocking the non-taxpayer mid-level exception as a result of ducking under the luxury tax line.
We have more from the Southeast Division:
- Heat star Jimmy Butler is planning to play out the 2024/25 season and then opt out of his contract and hit unrestricted free agency next year, without signing an extension. While it isn’t the ideal outcome for either side, it represents a middle ground that allows Butler to bet on himself and buys the Heat time to figure out their future. As William Guillory of The Athletic writes, Miami understands Butler is the key to any postseason success this season. Still, Guillory wonders if it might make more sense to turn the page on the Butler era as the team quietly continues building a strong young core.
- The Heat introduced the newest member of that young core to the media on Friday, with No. 15 overall pick Kel’el Ware making his press debut. “We feel very fortunate that we were able to get the specific player we wanted, that can complement our team, can complement Bam [Adebayo],” Heat president Pat Riley said, per the Miami Herald’s Anthony Chiang. Ware immediately becomes the tallest player on Miami’s roster.
- The Hornets waiving Seth Curry and declining the team option on JT Thor‘s contract suggest they’re preparing to operate as a cap room team if they lose free agent forward Miles Bridges, Hollinger writes in a separate post. The Hornets could create up to $23MM in cap space if they waive the non-guaranteed contracts of Aleksej Pokusevski and Bryce McGowens.
- The Hornets also introduced draft picks Tidjane Salaün and KJ Simpson on Friday. The duo represents vice president of basketball operations Jeff Peterson‘s first two pieces of his roster vision and culture. “[Salaün and Simpson] just embody everything that we want to be about,” Peterson said, per The Charlotte Observer’s Roderick Boone. “They are extremely unselfish. They work, they understand the importance of putting the time in. It’s the only way you are going to get the results that you want. They compete and they just have an amazing outlook and approach in terms of how to get better on a daily basis. So these two guys just embody exactly what we want to be about going forward.“
The Spurs and guard Devonte’ Graham are moving back his contract guarantee date to July 8, according to ESPN’s Andrew Lopez (Twitter link).
Graham’s contract is already partially guaranteed for $2.85MM for next season, but it was set to increase to $12.65MM by July 1. Now, the Spurs have an extra week to mull over options for Graham, including potential trades.
The Spurs acquired Graham in 2023 from New Orleans in a move that also involved Josh Richardson going to the Pelicans.
In one-and-a-half seasons with the Spurs, Graham has averaged 8.7 points, 3.0 assists, and 2.0 rebounds per game and has shot 33.8% from beyond the arc. The 34th overall pick in the 2018 draft began his career with the Hornets, playing modest minutes in his first season before breaking out and averaging 18.2 points and 7.5 assists in 2019/20, finishing fifth in Most Improved Player voting.
However, his production has gradually declined since that season. At 29 years old and a career 35.4% shooter from beyond the arc, Graham could provide value to prospective playoff teams, but likely not on his current contract. In 336 career games (171 starts), Graham holds career averages of 11.1 points and 4.3 assists per game.