Spurs Rumors

Cavs Acquire Max Strus In Three-Team Sign-And-Trade

JULY 6: The trade is official, the Heat announced (via Twitter). As part of the deal, Miami will also swap second-round picks with the Spurs, with Miami receiving a 2027 selection and San Antonio receiving a 2026 pick. The Cavs are also sending cash to the Spurs.


JULY 1: The Cavaliers, Heat, and Spurs have agreed to a three-team deal that will land Max Strus in Cleveland via sign-and-trade, reports Adrian Wojnarowski of ESPN (Twitter link). Agent Mark Bartelstein tells Wojnarowski that Strus has agreed to a four-year, $63MM contract with the Cavs.

Miami will acquire a second-round pick and will create a trade exception in the deal, while San Antonio will receive Cedi Osman, Lamar Stevens, and a second-round pick, according to Wojnarowski.

The second-rounder going to Miami is the Lakers’ 2026 pick, while the one headed to San Antonio is Cleveland’s 2030 selection, reports Chris Fedor of Cleveland.com.

Strus had been repeatedly mentioned as a top target for the Cavs in the days and hours leading up to free agency. A report on Thursday indicated Cleveland hoped its $12.4MM mid-level exception would be enough to land the 27-year-old, but with rumors suggesting his market was above the MLE, a report on Friday suggested the Cavs were looking into three-team sign-and-trade scenarios.

Right before free agency opened, Marc Stein reported that a scenario in which the Cavs sign-and-trade for Strus and use their mid-level exception to add Georges Niang appeared “increasingly likely.” Sure enough, Cleveland is poised to add both players, having reached an agreement with Niang on Friday night.

A former undrafted free agent who had brief stints in Boston and Chicago early in his career, Strus blossomed into a reliable rotation player in Miami during the last two seasons. In 148 games since the start of 2021/22, he has averaged 11.1 points and 3.1 rebounds in 26.1 minutes per night, with a shooting line of .423/.376/.845. He moved ahead of Duncan Robinson in the Heat’s rotation during that time in large part due to his more stable presence on defense.

The Cavs had been on the lookout for a wing to complement starters Donovan Mitchell, Darius Garland, Jarrett Allen, and Evan Mobley for the better part of the year. Strus should slot into that role nicely along with Caris LeVert, who also agreed to return to Cleveland.

In moving off Osman and Stevens in this trade, the Cavs should still be about $12.5MM below the luxury tax line with 10 players on the books, tweets Yossi Gozlan of HoopsHype.

The Heat, who project to be a taxpayer in 2023/24, had been bracing for Strus’ departure, recognizing that they weren’t prepared to match his price on the open market. They reportedly didn’t want to take any salary back in a sign-and-trade and were able to achieve that goal. The traded player exception they generate as part of the transaction will be worth half of Strus’ first-year salary — based on the reported terms of his deal, that TPE should come in at about $7MM.

As for the Spurs, they entered the day with more leftover cap room than any other NBA team and will use a portion of it to add a second-round pick and two forwards who are on expiring contracts and who should be in the mix for rotation roles if they remain on San Antonio’s roster.

Osman, who will earn $6.7MM in 2023/24 before reaching unrestricted free agency, has been a rotation player in Cleveland for the last six seasons, averaging 9.7 PPG, 3.0 RPG, and 2.0 APG with a .353 3PT% in 404 games (23.6 MPG) during that time.

Stevens, a solid defensive wing who doesn’t provide much on offense, has a $1.93MM non-guaranteed salary — some or all of that money will become guaranteed as part of this deal in order to satisfy the NBA’s salary-matching rules.

The Spurs will still have approximately $23-26MM in cap space available.

Southwest Notes: Bullock, Wembanyama, Grizzlies, Kleber

The sign-and-trade agreement that is sending Reggie Bullock and a 2030 first-round pick swap (via Dallas) to the Spurs could help them both now and in the future, according to Jeff McDonald of The San Antonio Express-News (subscriber link).

As McDonald writes, Bullock will immediately become the oldest player (32) on the roster, with an opportunity to serve as a veteran mentor while competing for rotation minutes. His $10.5MM expiring contract will also push the Spurs above the salary cap floor, giving them access to the annual tax payment from the league’s biggest spenders.

However, the pick swap could turn out to be the real prize, McDonald notes. No. 1 overall pick Victor Wembanyama theoretically will be in his prime in seven years, which might give San Antonio an edge in terms of having a better record than Dallas in 2030 (and thus the swap conveying).

Here’s more from the Southwest:

  • Speaking of Wembanyama, the Spurs will be cautious with their franchise player, but that doesn’t mean they have durability concerns about the 7’4″ big man, writes Mark Medina of Sportsnaut. It’s normal for top draft picks to have their minutes limited during Summer League action, as Wembanyama will when he makes his debut on Friday in Las Vegas, Medina notes. People around the league believe the Spurs are focused on Wembanyama’s transition to the NBA being as seamless as possible, which is why they want to limit his workload early on.
  • The Grizzlies‘ playing style won’t change with Ja Morant suspended for the first 25 games of 2023/24, head coach Taylor Jenkins said on NBA TV. “Our system doesn’t change,” Jenkins said, per Damichael Cole of The Memphis Commercial Appeal. “What we emphasize offensively — the pace, the space, the unselfishness — defensively, the discipline nature that we got to have every single night, that’s what we’re going to lean on.” The Grizzlies will also be looking for internal development from Desmond Bane and Jaren Jackson Jr. to fill Morant’s void, Jenkins added.
  • Maxi Kleber‘s ’22/23 campaign was ravaged by injury, having suffered a torn hamstring in December that required surgery. The Mavericks big man is healthy again now and feels much more like himself, he tells Eddie Sefko of Mavs.com. “I’m ready, yeah. That’s what I’ve been preparing for,” Kleber said when asked if he’s ready for an injury-free season. “Last year was obviously frustrating because I was out for so long. And even coming back, I had so many issues. I couldn’t move properly. It’s something you don’t want to have to deal with during the season. So it was good to have this summer actually to recover and do some work.” Kleber also told Sefko he’ll play for Germany in the World Cup next month, his first national team appearance in several years due to various injuries.

Scotto’s Latest: Beasley, Bucks, Plumlee, Spurs, McDaniels, McLemore

Before he agreed to join the Bucks on a minimum-salary deal, free agent swingman Malik Beasley received interest from several teams, including the Mavericks, writes Michael Scotto of HoopsHype. According to Scotto, Dallas considered the possibility of acquiring Beasley from the Lakers via sign-and-trade, but it didn’t work out.

New Bucks head coach Adrian Griffin was a factor in getting Beasley to Milwaukee, having spoken to the veteran wing during the team’s recruiting pitch, sources tell Scotto.

The Bucks currently have 12 players pencil in for standard contracts in 2023/24. Scotto hears that Thanasis Antetokounmpo and No. 36 pick Andre Jackson are candidates to end up on the 15-man roster. The team also needs to decide what type of contract No. 58 pick Chris Livingston will sign, Scotto notes. Currently, Lindell Wigginton and Omari Moore are on two-way contracts with Milwaukee, leaving one open two-way slot.

Here’s more from Scotto:

  • Veteran center Mason Plumlee drew interest in free agency from a number of playoff teams, including the Warriors and Hawks, before deciding to remain with the Clippers, league sources tell Scotto.
  • The Spurs, having already agreed to get involved in deals that will land them Cedi Osman, Lamar Stevens, and Reggie Bullock, remain open to taking on unwanted contracts in order to add more draft assets, reports Scotto.
  • Before signing forward Jalen McDaniels as a free agent, the Raptors tried to trade for him multiple times, including at the 2023 deadline, according to Scotto, who says Toronto has been closely monitoring McDaniels since he was at San Diego State.
  • Veteran guard Ben McLemore, who was out of the NBA last season, will work out for multiple NBA teams during the Las Vegas Summer League, per Scotto. McLemore played in China last season after averaging 10.2 PPG in 64 games for Portland in 2021/22.
  • In case you missed it, we also rounded up several Knicks-related rumors from Scotto.

Northwest Notes: Lillard, Rupert, Reid, Gillespie

In an effort to steer Damian Lillard to the Heat, agent Aaron Goodwin has been contacting other teams and warning them not to pursue a trade with the Trail Blazers, according to ESPN’s Adrian Wojnarowksi. Several executives around the league told Wojnarowski that Goodwin is claiming Lillard won’t be happy if he gets dealt anywhere but Miami.

General managers have insisted to Woj that the tactic is fairly common and won’t impact their interest in a potential Lillard deal. He remains under contract, and the opinion throughout the league is that he’ll play equally well no matter where he winds up.

The two-year, maximum-salary extension that Lillard received last summer makes it more difficult for Portland to find value in return for its star guard, Wojnarowski adds. Although Lillard is under contract through 2026/27, his salary for that season will be more than $63MM, which a lot of teams don’t want to take onto their cap.

Some progress toward a Lillard deal could be made this week as executives gather for the Las Vegas Summer League, but Wojnarowski doesn’t expect a quick resolution. He suggests it may take most of the summer for Portland to find an acceptable offer and that Miami’s best chance could be for the process to drag on so long that other teams in the market for Lillard drop out of the bidding.

There’s more from the Northwest Division:

  • Rayan Rupert‘s new contract with the Trail Blazers is fully guaranteed for two seasons and carries a team option for the third year, tweets Michael Scotto of HoopsHype. The New Zealand Breakers star was selected with the 43rd overall pick.
  • The Spurs or Cavaliers might have offered him more, but Naz Reid was happy to bypass free agency in favor of a three-year extension with the Timberwolves, per Chris Hine of The Star Tribune. Reid was hoping to remain in Minnesota after spending his first four NBA seasons there. “I started my career here. I wanted to continue my career here,” Reid said. “I’ve gotten better each and every year here as well, so it only made sense. I didn’t want to go anywhere else and continue my journey, as far as I’ve gone. I’ve felt all my teammates and coaches and everybody has been great to me.”
  • Collin Gillespie is eager to show the Nuggets what he can do after suffering a lower left leg fracture last summer, writes Ryan McFadden of The Denver Post. Gillespie received a two-way contract and remained on Denver’s roster even though he wasn’t able to play. “When I got injured, I was like ‘Man, this is not good,’” he said. “But it just tells you about the organization (and) what kind of people they are. It’s a special organization. I was extremely grateful that they stuck with me.”

Fischer’s Latest: Bridges, Washington, Pelicans, Dosunmu, More

Prior to signing his $7.9MM qualifying offer, Miles Bridges was seeking around $25MM per year in talks with the Hornets, sources tell Jake Fischer of Yahoo Sports. However, Charlotte was unwilling to approach that figure, which is why Bridges’ representatives quickly opted for unrestricted free agency in 2024.

Bridges was ineligible to be included in a sign-and-trade because he wasn’t on the team’s roster last season, having missed all of 2022/23 after facing a felony domestic violence charge. He agreed to a plea deal and was subsequently suspended by the NBA, who will require him to sit out the first 10 games of ’23/24.

Prior to that incident, Bridges was viewed as one of the top free agents of the 2022 class, having averaged 20.2 PPG, 7.0 RPG, and 3.8 APG on 49.1% shooting in 80 games (35.5 MPG) in ’21/22. There was talk of him receiving $30MM annually in an offer sheet last year, according to Fischer, with the Pacers, Pistons and Grizzlies all linked to the 25-year-old forward.

Here’s more from Fischer’s latest story for Yahoo Sports:

  • Hornets restricted free agent forward P.J. Washington might have to wait a while in order to find the type of contract he’s seeking, and it might have to come via sign-and-trade. Marc Stein first reported that the former first-round pick is seeking around $18MM annually. According to Fischer, Washington is looking for $80MM over four years. Fischer writes that several agents seem to be pointing to Keldon Johnson‘s rookie scale extension with the Spurs as a benchmark of sorts in negotiations.
  • The Pelicans continue to gauge the trade market for reserve guard Kira Lewis Jr. and starting center Jonas Valanciunas, sources tell Fischer. Lewis is entering the final year of his rookie scale contract and could become a restricted free agent next summer, while Valanciunas’ $15.4MM deal is expiring.
  • Fischer hears the recent conversations between the Hawks and Raptors haven’t been very productive when it comes to a potential Pascal Siakam deal. On an unrelated note, Fischer also reports there’s optimism within Atlanta’s organization that the team will be able to extend Dejounte Murray.
  • The Raptors have expressed interest in Bulls guard Ayo Dosunmu, Fischer reports. However, it’s unclear if they’ll try to make a run at the restricted free agent via an offer sheet or sign-and-trade.
  • Like other reporters, Fischer has heard there’s mutual interest in a reunion between the Sixers and restricted free agent big man Paul Reed.

Spurs Officially Sign Victor Wembanyama

The Spurs have officially signed 2023 No. 1 overall pick Victor Wembanyama, the team announced in a press release.

While the terms of the contract were not disclosed, Wembanyama will have a $12,160,680 salary in 2023/24, which is the maximum he can receive in the first year of his rookie scale contract. As with all first-round picks, San Antonio will hold team options in years three and four.

Wembanyama, a 7’3″ big man, was MVP and Defensive Player of the Year of the LNB Pro A, France’s top basketball league. He averaged 21.6 points, 10.4 rebounds, 2.4 assists and 3.0 blocks in 34 games last season (32.1 minutes per contest).

The 19-year-old is widely considered to be the best NBA prospect since LeBron James was selected first overall 20 years ago. Wembanyama will participate in Summer League with the Spurs later this month, per the team.

Trail Blazers’ Damian Lillard Requests Trade

Trail Blazers star Damian Lillard has requested a trade out of Portland, sources tell Chris Haynes of TNT and Bleacher Report (Twitter link). The team is expected to work to accommodate the request, according to ESPN’s Adrian Wojnarowski and Ramona Shelburne (Twitter link).

Lillard’s future in Portland has been the subject of speculation for several years, as the team hasn’t made it out of the first round of the postseason since 2019 and has missed the playoffs entirely in each of the last two seasons.

The seven-time All-Star, who has spent his entire 11-year NBA career with the Trail Blazers, has repeatedly expressed his loyalty to the organization and conveyed a desire to stick it out in Portland. However, Lillard – who will turn 33 later this month – has also made it clear that he wants to have a chance to contend for a championship during his remaining prime years.

Lillard spoke earlier this year about his preference that the Blazers look to build out their roster with veterans rather than prioritizing youth. So when the franchise landed the No. 3 overall pick in this year’s draft, there was a sense that what Portland did with that selection would significantly influence Lillard’s next move.

Rather than trading the No. 3 pick for an impact player, the Blazers kept it and drafted Scoot Henderson, a 19-year-old guard who has superstar upside but who will need some time to develop at the NBA level. Portland also reached an agreement on a five-year, $160MM deal with free agent forward Jerami Grant on Friday, but Lillard has apparently determined that the team’s moves early in the offseason won’t substantially increase its chances of contending in the short term.

According to Shelburne (Twitter link), Lillard considered asking for a trade when he met with the Blazers’ front office on Monday, but wanted to give them every opportunity to make roster upgrades this week. He decided on Friday night to request a move, Shelburne adds.

Haynes initially reported (via Twitter) the Heat and Nets are the preferred landing spots for the former No. 6 overall pick. Vincent Goodwill of Yahoo Sports adds (via Twitter) that no other teams – including the Sixers – are on Lillard’s wish list for now, though Shelburne (Twitter link) adds that he has a “deep respect” for the Spurs.

While Brooklyn could put together a competitive offer of players and draft picks, it sounds like Lillard is focused specifically on Miami. League sources tell Shams Charania of The Athletic (Twitter link) that the Blazers were told that Dame wants to end up with the Heat.

Lillard spoke to some Heat players recently about how a deal might work, tweets Tim Reynolds of The Associated Press. According to Barry Jackson of The Miami Herald (Twitter link), the star guard loves the city of Miami, is good friends with Bam Adebayo, has “great respect” for Jimmy Butler, and views the Heat as a legitimate contender.

Lillard doesn’t have a no-trade clause, so he could be dealt to any team, but the Blazers likely won’t want to reward his 11 years of service to the franchise by sending him somewhere he doesn’t want to be. If Portland does open up the Lillard sweepstakes to other suitors, Philadelphia would have interest in exploring a deal, as would the Clippers, tweets Wojnarowski.

The Heat are expected to “vigorously” pursue a trade for Lillard, according to Jackson and Anthony Chiang of The Miami Herald. Miami was reportedly in the mix for Bradley Beal in June, but after Phoenix traded for the longtime Wizards star, reports indicated that the Heat were focused on Lillard and were willing to wait for him to ask out of Portland.

A Miami offer for Lillard would almost certainly include at least two of Tyler Herro, Kyle Lowry, and Duncan Robinson. The Heat also have at least two tradable future first-round picks (2028 and 2030) and could sweeten their offer by attaching young prospects such as Nikola Jovic or 2023 first-rounder Jaime Jaquez, or a veteran on a team-friendly contract like Caleb Martin. They could also offer multiple first-round pick swaps.

According to Wojnarowski, the Trail Blazers will prioritize young players and draft picks in their Lillard trade negotiations. In Henderson and 2022 lottery pick Shaedon Sharpe, the club already has two young potential cornerstones to build around.

Spurs, Rockets Have Most Remaining Cap Room

As we enter the first day of the NBA’s 2023/24 league year, two Southwest rivals – the Spurs and Rockets – are the teams with the most projected cap room still available, according to ESPN’s Bobby Marks (Twitter links) and Keith Smith of Spotrac (Twitter link).

San Antonio and Houston were active on Friday night. The Spurs reached agreements to re-sign restricted free agents Tre Jones and Julian Champagnie, while the Rockets made one of the biggest splashes of the summer so far by agreeing to a three-year, maximum-salary contract with Fred VanVleet. However, Jones and Champagnie have cap holds below their projected salaries, while Houston entered the offseason with approximately $64MM in room, so both teams still have plenty of flexibility.

Marks projects the Spurs at $29MM in remaining space, while Smith suggests they could actually still create up to $34MM+ if needed. Either way, they still have more spending power than any team in the NBA. Both Marks and Smith have the Rockets at approximately $25MM.

The Kings, Jazz, and Pacers are among the other clubs that still project to have more than $10MM in cap room remaining, though Sacramento’s and Indiana’s figures are hard to pin down because they’ll hinge on whether the teams complete their rumored trade involving Chris Duarte. The Kings also still have a path to remain an over-the-cap team if they want to, since none of their reported moves so far absolutely require cap space.

Here are a few other things to watch as the second day – and first full day – of the free agent period gets underway:

Free Agent Rumors: Lopez, Banton, T. Davis, Strus

Multiple NBA clubs are awaiting word on the future of unrestricted free agent center Brook Lopez, who has spent his past five seasons with the Bucks, per Jake Fischer of Yahoo Sports (Twitter link).

Fischer reports that “increasing word” on Friday suggests the Rockets may bid in excess of the two-year, $40MM deal that has been floated as a possibility.

Lopez, 35, has enjoyed a fruitful relationship with Milwaukee. The seven-footer has been named to two All-Defensive Teams and won his first championship during his Bucks tenure, while totally transforming his game, from being a fringe All-Star post scorer while with the Nets to the gritty 3-and-D role player he is now.

In 78 regular season games for the 58-24 Bucks last season, the former Stanford big man posted averages of 15.9 PPG on .531/.374/.784 shooting splits, in addition to 6.7 RPG, 2.5 BPG and 1.3 APG. He was the runner-up for Defensive Player of the Year honors.

Here are further free agent rumors:

  • Free agent point guard Dalano Banton met with the Celtics on Friday, according to Rafael Barlowe of NBA Big Board (via Twitter). The 6’9″ vet out of Nebraska had spent both of his NBA seasons to date with the Raptors. In 31 contests, last year, he averaged 4.6 PPG, 1.5 RPG and 1.2 APG.
  • The Celtics, Suns, Bucks, Mavericks and Raptors are among the teams with some level of interest in free agent former Kings shooting guard Terence Davis, according to Mark Jones of ESPN and Michael Scotto of HoopsHype (Twitter links).
  • According to Fischer (Twitter link), the Spurs have emerged as a possible third team in a rumored sign-and-trade deal that would send Heat free agent shooting guard Max Strus to the Cavaliers. Sources tell Fischer that Cleveland has been looking to offload the contract of swingman Cedi Osman, whom Miami presumably has no interest in taking on. Barry Jackson of The Miami Herald reports (via Twitter) that the Heat are aiming to create a trade exception and a future second-round draft selection in any sign-and-trade involving Strus.

Julian Champagnie Signs Four-Year Deal With Spurs

JULY 6: Champagnie’s deal with the Spurs is official, the team announced in a press release.


JUNE 30: Spurs forward Julian Champagnie is re-signing with San Antonio, but instead of receiving another two-way contract, he’ll receive $12MM over four years on a standard deal, according to Adrian Wojnarowski of ESPN (Twitter links). The final year is a team option, Woj adds.

Champagnie went undrafted last year after three college seasons at St. John’s, catching on with the Sixers on a two-way deal. He only made three NBA appearances with Philadelphia, spending most of his rookie year in the G League with the team’s affiliate, the Delaware Blue Coats.

The 22-year-old averaged 21.9 PPG, 7.0 RPG, 1.2 BPG and 1.1 SPG on .465/.347/.839 shooting in 14 games (35.1 MPG) during the fall Showcase Cup, then put up 14.3 PPG, 5.7 RPG, 1.8 APG and 0.9 BPG on .419/.352/.875 shooting in 18 regular season games with the Blue Coats.

The 76ers released Champagnie in February and his two-way deal was claimed on waivers by the Spurs. He spent eight games with their affiliate in Austin, but impressed the NBA club in 15 games down the stretch of the 2022/23 season.

He averaged 11.0 PPG and 4.0 RPG on .461/.407/.824 shooting in 20.9 MPG over that span for San Antonio, which he parlayed into a multiyear standard contract.

Champagnie is the twin brother of Celtics forward Justin Champagnie.