San Antonio Spurs Rumors | Hoops Rumors

Spurs Sign Stephon Castle To Rookie Scale Contract

July 2nd, 2024 at 10:59am CST by Luke Adams

No. 4 overall pick Stephon Castle has signed his first NBA contract, having finalized his rookie scale deal with the Spurs, according to NBA.com’s transaction log. The team has confirmed the news in a press release.

Castle, 19, is entering the NBA after winning a national championship at UConn in his first and only college season. The 6’6″ guard averaged 11.1 points, 4.7 rebounds, and 2.9 assists in 27.0 minutes per game for the Huskies, earning Big East Freshman of the Year honors and cementing his place as an NBA lottery pick.

Castle struggled as a shooter last season, making just 26.7% of his three-point tries, but he’s a strong defender who will become part of the long-term core in San Antonio alongside Victor Wembanyama. While he views himself as a point guard, the rookie is unlikely to start at the point in 2024/25 for the Spurs, who are poised to bring in Chris Paul in free agency.

As our breakdown of this year’s rookie scale salaries show, Castle’s four-year contract is expected to be worth about $41.4MM, with a first-year salary of $9.1MM.

Fischer’s Latest: Markkanen, Isaac, DeRozan, Lakers, D-Lo, Nets

July 1st, 2024 at 6:51pm CST by Luke Adams

The Jazz are “welcoming” inquiries on Lauri Markkanen, according to Jake Fischer of Yahoo Sports, who wonders if Utah’s offseason could play out like Brooklyn’s has. The Nets agreed to trade Mikal Bridges after efforts to pair him with an impact player came up short. Utah has also explored the trade market for a possible second star to complement Markkanen, talking to Brooklyn about Bridges (as previously reported) and to the Hawks about both Dejounte Murray and Trae Young, sources tell Fischer.

While it’s possible the Jazz will follow the Nets’ lead, selling off their lone star after failing to land another one, they don’t appear eager to part with Markkanen. According to Fischer, the Jazz have conveyed that they remain interested in renegotiating and extending Markkanen’s contract later this offseason and that listening to every offer for the star forward is just about due diligence.

As reported earlier today, both the Warriors and Spurs have interest in Markkanen, Fischer confirms, naming the Kings and Timberwolves as a couple more teams to watch. However, Sacramento’s reluctance to put Keegan Murray on the table in trade scenarios – which NBA personnel believe would be necessary to land Markkanen – may result in the Kings shifting their trade focus to Pelicans forward Brandon Ingram, Fischer writes. As for the Wolves, they’re operating over the second apron and barely have any future draft capital available, so it’s hard to envision a way for them to make a serious play for Markkanen.

Here’s more from Fischer:

The Magic may not end up using all of their cap room on free agents or trades — according to Fischer (Twitter link), they’re working on possibly renegotiating and extending forward Jonathan Isaac‘s contract. A team with cap space can use it to give a player a raise on his current-year salary, then reduce his salary by up to 40% in the first year of an extension, so Orlando may be looking at essentially giving Isaac a bonus this season to get him a team-friendly deal beginning in 2025/26.
Although LeBron James has expressed a willingness to take a pay cut if it allows the Lakers to bring in an impact player, Fischer writes that the team seems to be running out of potential targets – and time – to make that happen. The Lakers “hold an affinity” for DeMar DeRozan, but they’d likely have to incorporate a third team to move off some salary, including perhaps D’Angelo Russell or Gabe Vincent, to have a shot at DeRozan, according to Fischer.
The Nets could be a trade destination for Russell. Sources tell Fischer that Brooklyn has been open to the idea of a reunion with Russell since February’s trade deadline.
If Klay Thompson had re-signed with the Warriors, the plan was to bring him off the bench next season behind second-year guard Brandin Podziemski, according to Fischer. Thompson appears likely to be a starter in Dallas.

Clippers Sign Nicolas Batum To Two-Year Deal

July 1st, 2024 at 1:42pm CST by Rory Maher

JULY 9: Batum’s new deal with the Clippers has been finalized, per the NBA’s official transaction log. In case you missed it, the veteran forward said he received interest from 17 teams as a free agent.

JULY 1: Free agent forward Nicolas Batum is returning to Los Angeles, having agreed to a two-year, $9.6MM contract with the Clippers, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

Veteran reporter Marc Stein first reported (via Twitter) that the Clips were a “strong contender” to land the 35-year-old, who also drew interest from the Spurs and Warriors, according to Jake Fischer of Yahoo Sports (Twitter links).

Based on the reported terms, it seems very likely that L.A. will use the bi-annual exception to sign Batum. If that’s the case, the exact value of the two-year pact will be $9,569,400.

Batum has long been a highly versatile player who can fulfill multiple roles on both ends of the court. He has a great feel for the game and is a very smart ball-mover and passer, on top of being a strong three-point shooter — he has converted 39.8% of his long-distance looks over the past four seasons.

After an ill-fated yet highly lucrative stint with Charlotte from 2015-20, Batum had a career renaissance with the Clippers from ’20-23. He spent most of last season with Philadelphia, however, after he was traded to the Sixers in the James Harden deal. Kelly Iko of The Athletic reported yesterday that Batum would not be returning to Philly.

The 25th pick of the 2008 draft, Batum spent his first seven NBA seasons in Portland. The 16-year veteran will be playing for his native France in the Paris Olympics later this month.

FA/Trade Rumors: Lakers, Klay, Mavs, DeRozan, Markkanen, Bey, Bullock

July 1st, 2024 at 11:05am CST by Luke Adams

LeBron James and agent Rich Paul talked to the Lakers last week and conveyed that the star forward would be willing to accept a pay cut in 2024/25 in the event that the team was able to land one of the players on a “short list” of free agent targets, ESPN’s Brian Windhorst confirmed on Monday’s Hoop Collective podcast (YouTube link).

Previous reporting identified three of those possible Lakers targets as James Harden, Klay Thompson, and Jonas Valanciunas. Of the three, only Thompson is still on the board after Harden reached a deal to re-sign with the Clippers and Valanciunas agreed to terms with the Wizards, and ESPN’s Adrian Wojnarowski said on SportsCenter on Sunday night (YouTube link) that James called Thompson right when free agency opened.

The Mavericks continue to be considered a strong contender for Thompson, but would have to negotiate a sign-and-trade agreement with the Warriors in order to acquire him into the $16MM+ trade exception they’re creating in the Tim Hardaway Jr. deal. According to Ian Begley of SNY.tv (Twitter video link), a third team may be needed in that scenario to take on an outgoing player from Dallas. While Begley doesn’t mention any specific names, that outgoing Mavs player would almost certainly be either Josh Green or Maxi Kleber.

Even if Thompson ends up in Dallas, the Lakers may still have other names on that “short list” of targets that the team discussed with James, per Windhorst.

“I think there’s more than three,” Windhorst said on the Hoop Collective podcast. “I think DeMar DeRozan is on that list as well, and there may be another one or so.”

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

During that same episode of the Hoop Collective podcast (YouTube link), Windhorst suggested that teams who have talked to the Jazz believe Lauri Markkanen could be had for the right price. According to Windhorst, the Warriors are “definitely investigating” Markkanen and the Spurs may also be among the teams with interest. “The teams who are negotiating with the Jazz do think there’s a good chance they’re going to move him,” Windhorst said (hat tip to RealGM). “Sometimes, (Jazz CEO) Danny Ainge will act like he’s going to do a trade and then there’s no trade. Maybe that will happen again here. But the teams negotiating think (he’s available).”
Despite not tendering him a qualifying offer to make him a restricted free agent, the Hawks remain in discussions with forward Saddiq Bey, according to Brad Rowland of Locked on Hawks and Lauren L. Williams of The Atlanta Journal-Constitution (Twitter links). Bey will likely miss most or all of next season due to a torn ACL, so if Atlanta wants to keep him, it makes more sense to discuss a longer-term deal without the risk that the 25-year-old will accept his one-year, $8.5MM QO.
Free agent wing Reggie Bullock has met with the Suns, Nuggets, Clippers, and Sixers so far in free agency, according to Kelly Iko of The Athletic (Twitter link), who says the veteran swingman is expected to talk to more teams in the coming days. Bullock’s market figures to be for the vet minimum.

Looking Ahead To 2025; Castle "Excited" To Team Up With Wemby

June 30th, 2024 at 10:45pm CST by Rory Maher

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 Join Spurs After Clearing Waivers

June 30th, 2024 at 7:37pm CST by Dana Gauruder

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.

FA/Trade Rumors: Hartenstein, Ingram, Harris, A. Holiday

June 30th, 2024 at 6:45pm CST by Rory Maher

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.

Warriors Waive Chris Paul

June 30th, 2024 at 5:25pm CST by Dana Gauruder

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.

FA Rumors: KCP, Harden, Kennard, Hartenstein, Jones, Highsmith, More

June 30th, 2024 at 2:59pm CST by Luke Adams

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.

FA Rumors: Lakers, LeBron, Harden, Klay, George, Magic, DeRozan, More

June 30th, 2024 at 7:31am CST by Luke Adams

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.

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.