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And-Ones: Smith, Biyombo, Spurs, Hall, Almansa, Trade Market

August 7th, 2021 at 10:45am CST by Dana Gauruder

The Pistons officially renounced their rights to Wayne Ellington, who has signed with the Lakers, and Dennis Smith Jr., according to the RealGM transactions log. The Hornets renounced four players, including Bismack Biyombo, while the Spurs renounced their rights to a whopping 13 players. San Antonio’s list includes Donatas Motiejunas and David Lee, who haven’t appeared in an NBA game for years. Renouncing those rights allows teams to maximize their cap room in free agency.

We have more from the basketball world:

Donta Hall has signed with France’s Betclic Elite side AS Monaco, Sportando relays. Hall, who turns 24 on Saturday, played 13 games with the Magic this past season on two 10-day contracts and an end-of-the-season deal via the hardship exception. The power forward also played a total of nine games for the Pistons and Nets in 2019/20.
Overtime Elite has added another top European prospect. Izan Almansa has signed with the league, Jonathan Givony of ESPN tweets. The 6’9” Almansa, a 16-year old Spanish power forward, is the second player OTE has signed from Real Madrid’s youth program and seventh international prospect.
While free agency is winding down, the trade market could continue to percolate in the coming weeks, John Hollinger of The Athletic writes. Ben Simmons and Damian Lillard top the list of stars who could be on the move, while the Raptors and Magic are teams to watch, with the latter possibly taking on an onerous contract in order to acquire future assets.
The ESPN duo of Tim Bontemps and Bobby Marks also take a look at unresolved storylines this month involving free agency, the trade market and potential extensions.

Five-Team Russell Westbrook, Spencer Dinwiddie Trade Now Official

August 6th, 2021 at 8:08pm CST by Luke Adams

The five-team trade involving the Lakers, Wizards, Nets, Spurs, and Pacers, headlined by Russell Westbrook (to Los Angeles) and Spencer Dinwiddie (to Washington) is now official, according to press releases from multiple clubs.

The deal began as a two-team trade sending Westbrook from the Wizards to the Lakers, an agreement that was completed around the start of the draft last Thursday. Later that night, the Wizards and Pacers agreed to a deal sending Aaron Holiday that would be folded into the Westbrook blockbuster.

Subsequently, during free agency, the Wizards and Dinwiddie wanted to find a way to get the point guard to D.C. and ultimately convinced the Nets to accommodate a sign-and-trade. The Spurs entered the mix late to accommodate Washington’s salary-dump of Chandler Hutchison.

Here’s the full breakdown of the deal, based on reports to date:

To Lakers:
- Russell Westbrook (from Wizards)
- The Bulls’ 2023 second-round pick (from Wizards)
- Either the Wizards’ or Grizzlies’ 2024 second-round pick (whichever is least favorable; from Wizards)
- The Wizards’ 2028 second-round pick (from Wizards)
To Wizards:
- Spencer Dinwiddie (sign-and-trade; from Nets)
- Kyle Kuzma (from Lakers)
- Kentavious Caldwell-Pope (from Lakers)
- Montrezl Harrell (from Lakers)
- Aaron Holiday (from Pacers)
- The draft rights to Isaiah Todd (No. 31 pick; from Pacers)
- Cash (from Pacers; $1MM, per Fred Katz of The Athletic)
To Nets:
- Either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is most favorable; from Wizards)
- The right to swap the Warriors’ 2025 second-round pick for the Wizards’ 2025 second-round pick (from Wizards)
- The draft rights to Nikola Milutinov (from Spurs)
To Spurs:
- Chandler Hutchison (from Wizards)
- Either the Bulls’, the Lakers’, or the Pistons 2022 second-round pick (whichever is most favorable; from Wizards)
To Pacers:
- The draft rights to Isaiah Jackson (No. 22 pick; from Lakers)

The Nets also generated the most significant trade exception of any team in the deal — it’ll be worth about $11.5MM.

While it was a fairly minor move for Brooklyn, San Antonio, and Indiana, the deal will significantly reshape the Lakers’ and Wizards’ rosters for the 2021/22 season. Los Angeles consolidated its depth, acquiring a star player who wanted to team up with LeBron James and Anthony Davis, then filled out its roster in free agency.

The Wizards, meanwhile, traded one star for several depth pieces and managed to replace their old point guard with one who will earn less than half of Westbrook’s salary for the next couple seasons. The deal should increase the club’s cap flexibility while fortifying its bench.

Southwest Notes: Spurs, Batum, Finley, Kerr, Green

August 5th, 2021 at 8:28pm CST by Dana Gauruder

The five-team trade the Spurs are involved in continues a trend of the teamstockpiling draft picks, Tom Orsborn of the San Antonio Express-News notes. The Spurs will gain a 2022 second-round pick along with Chandler Hutchison from the Wizards in the agreed-upon multi-team swap, highlighted by the Lakers’ acquisition of Russell Westbrook. San Antonio is also acquiring three picks – a first-rounder and two second-rounders – in the DeMar DeRozan sign-and-trade with the Bulls.

We have more from the Southwest Division:

The Mavericks were among the teams interested in Clippers forward Nicolas Batum before he agreed to re-sign with Los Angeles, Marc Stein of Substack tweets. The Warriors also checked in on Batum before he chose to take a two-year deal with a player option from the Clippers.
The Mavericks have officially announced the promotion of Michael Finley to assistant GM/VP of basketball operations, the team’s PR department tweets. Finley will work under new president of basketball operations Nico Harrison in his expanded front office role.
Warriors coach Steve Kerr is ecstatic that one of his former assistants, Willie Green, got the Pelicans‘ head coaching job and believes he’ll have little trouble growing into the role, Kerr told William Guillory of The Athletic. “There’s just kind of this quiet dignity and intelligence about him that the players will really appreciate,” Kerr said. “And then I think, like all coaches, he’s going to have to find his voice and find his style. I’m sure he’s going to hire a great staff to help him do that. And he’ll grow into the job, but I think he’ll be fantastic.”

Wizards To Acquire Spencer Dinwiddie Via Sign-And-Trade

August 4th, 2021 at 11:56pm CST by Luke Adams

11:56pm: The Spurs are sending the draft rights to 2015 first-round pick Nikola Milutinov to the Nets in the five-team trade, according to Fred Katz of The Athletic (Twitter link). That will satisfy the “touching” requirements we outlined below and allow the deal to be officially completed once the moratorium ends on Friday.

Katz adds (via Twitter) that the Wizards have also agreed to trade one more second-round pick (Chicago’s 2023 selection) to the Lakers. Washington is giving up five second-round selections in the deal (three to the Lakers, one to the Spurs, and one to the Nets), as well as a second-round swap (to the Nets).

Finally, Katz reports that the third year of Dinwiddie’s contract will be partially guaranteed (Twitter link).

5:04pm: The Wizards and Spencer Dinwiddie are in agreement on a three-year, $62MM deal that will land the veteran point guard in Washington, reports Shams Charania of The Athletic (Twitter link). The club will acquire Dinwiddie from the Nets via sign-and-trade.

That $62MM figure had been expected for Dinwiddie’s deal with the Wizards, since it’s the most the team could pay him by looping his sign-and-trade into the larger Russell Westbrook deal with the Lakers, notes Fred Katz of The Athletic (Twitter link).

According to Charania (Twitter link), the Nets will receive a second-round pick and a draft-pick swap from the Wizards in the sign-and-trade agreement. The move will also create an $11.5MM trade exception for Brooklyn.

Additionally, the Wizards will trade Chandler Hutchison and a second-round pick to the Spurs as part of the multi-team deal, Charania reports (via Twitter). Moving Hutchison’s $4MM+ salary will allow Washington to remain out of tax territory for now, tweets ESPN’s Bobby Marks.

Adrian Wojnarowski of ESPN (Twitter link) provides the details on the draft assets, reporting that the Wizards are sending a 2022 second-rounder to San Antonio and a 2024 second-rounder to Brooklyn, as well as a 2025 second-round pick swap to the Nets.

The 2022 second-round pick headed to San Antonio will be the most favorable of the Lakers’, Bulls’, and Pistons’ second-rounders, tweets Fred Katz of The Athletic.

That 2025 swap will give Brooklyn a chance to send Golden State’s second-rounder to Washington in exchange for the Wizards’ 2025 second-rounder, tweets Tim Bontemps of ESPN. The 2024 second-rounder will be the more favorable of the Wizards’ and Grizzlies’ selections, Bontemps adds.

In total, Wojnarowski tweets, the deal will include five teams: the Wizards, Nets, Spurs, Lakers, and Pacers. The Westbrook trade agreement and the Wizards’ deal for Aaron Holiday will become part of this larger deal once it’s officially completed after the moratorium lifts on Friday.

Here’s what the full trade should look like, based on the details reported to date:

Wizards to acquire Dinwiddie (via sign-and-trade), Kyle Kuzma, Kentavious Caldwell-Pope, Montrezl Harrell, Holiday, and the draft rights to Isaiah Todd (No. 31 pick).
Lakers to acquire Westbrook, either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is less favorable; from Wizards), and the Wizards’ 2028 second-round pick.
Nets to acquire either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is more favorable; from Wizards) and the right to swap their the Warriors’ 2025 second-round pick for the Wizards’ 2025 second-round pick.
Spurs to acquire Hutchison and either the Bulls’, Lakers,’, or Pistons 2022 second-round pick (whichever is most favorable; from Wizards).
Pacers to acquire the draft rights to Isaiah Jackson (No. 22 pick).

As Eric Pincus of Bleacher Report points out (via Twitter), there will likely be at least one more piece involved between the Nets and Spurs in order to satisfy the rule that every team in a multi-team trade must “touch” two other teams in the deal. As reported so far, Brooklyn and San Antonio are each only receiving assets from (or sending an asset to) the Wizards. That last piece would likely be something minor, such as cash or the draft rights to a stashed player.

In Dinwiddie, the Wizards are getting a 28-year-old point guard who is coming off a lost season. He appeared in just three games before missing the rest of the 2020/21 campaign due to a partially torn ACL. However, Dinwiddie was reportedly cleared for all basketball activities in June and the expectation is that he’ll be good to go for the fall.

In his last full season, Dinwiddie averaged 20.6 PPG and 6.8 APG on .415/.308/.778 shooting in 64 games (31.2 MPG) for Brooklyn in 2019/20.

Word broke on Monday night that the Wizards and Dinwiddie were nearing an agreement, but the club didn’t have the cap space necessary to acquire him without getting the Nets’ cooperation in a sign-and-trade. Because Brooklyn didn’t want to take on any salary but wanted an asset or two for agreeing to play ball, it took all involved parties a couple days to work out the details of the deal that would get the point guard to D.C.

Trade Rumors: Kings, Siakam, Raptors, Dragic, Spurs, Markkanen

August 4th, 2021 at 2:07pm CST by Luke Adams

The Kings “definitely” have trade interest in Raptors forward Pascal Siakam, Sam Amick of The Athletic said during an appearance on The Deuce & Mo Podcast (video link).

There have whispers this offseason – particularly since the Raptors used the No. 4 overall pick to draft Scottie Barnes – that Siakam is available via trade, but Amick says the Kings have been waiting for clarity on just how willing Toronto might be to move him. Sacramento would likely pursue Siakam if given the chance, though it’s unclear how much interest the Raptors would have in possible trade chips like Buddy Hield and Marvin Bagley.

Here are a few more trade-related rumors and notes from around the NBA:

It’s looking more and more like Goran Dragic and Precious Achiuwa – the two primary outgoing pieces in the Heat‘s Kyle Lowry sign-and-trade – will end up with the Raptors, at least for the time being, tweets Michael Grange of Sportsnet.ca. The Raptors are believed to be exploring flipping Dragic to a third team, such as the Mavericks, but apparently haven’t found a deal they like yet.
Dragic, for his part, offered the following update on Slovenian television on Tuesday, per Iztok Franko of Mavs Moneyball (Twitter link): “I haven’t heard from Toronto yet, I’m still waiting for the news. Everything depends on the third team, we’ll have the news in the next few days.”
Before agreeing to acquire Thaddeus Young and Al-Farouq Aminu in their DeMar DeRozan sign-and-trade with the Bulls, the Spurs were interested in landing Lauri Markkanen via sign-and-trade, ESPN’s Brian Windhorst said on the latest episode of his Hoop Collective podcast. However, according to Windhorst, Markkanen sought a larger contract than the Spurs were comfortable offering, prompting the team to pivot to the veterans on expiring contracts. Windhorst believes there’s a “decent chance” Markkanen – a restricted free agent – will end up returning to Chicago.

Eastern Notes: Bulls, Dinwiddie, Nets, Celtics, Cavs, Pistons

August 3rd, 2021 at 8:49pm CST by Luke Adams

The first-round pick the Bulls will send to the Spurs in the DeMar DeRozan sign-and-trade will be top-10 protected in the first year and top-eight protected in the second and third years if it doesn’t convey immediately, reports John Hollinger of The Athletic.

That pick will tentatively be the Bulls’ 2025 first-rounder, but that’s conditional on Chicago sending its 2023 pick to Orlando. If the 2023 first-rounder falls in its protected range (top four) and the Bulls keep it, the Bulls would have to wait until at least 2026 to send a first-rounder to the Spurs in order to avoid running afoul of the Stepien rule, which prohibits teams from trading back-to-back future first-round picks.

Here’s more from around the East:

In an in-depth look at the challenges facing the Wizards in their efforts to acquire Spencer Dinwiddie via sign-and-trade, Danny Leroux and Fred Katz of The Athletic cite sources who say the Nets are seeking a significant asset (besides a trade exception) from Washington in any agreement.
The Celtics are taking a conservative approach to free agency this year in part because they want to maintain a salary structure that allows them to be players for a major free agent in 2022, as Mark Murphy of The Boston Herald explains (via Twitter).
The Cavaliers continue to scour the market for shooting help, according to Chris Fedor of Cleveland.com, who says Doug McDermott was the team’s top target entering free agency. McDermott, who agreed to a three-year deal with San Antonio, was one of a number of players on Cleveland’s wish list that opted to go elsewhere.
Pistons head coach Dwane Casey envisions Cade Cunningham and Killian Hayes sharing the play-making responsibilities for the team in 2021/22, as Keith Langlois of Pistons.com writes. “Both of ’em are 1A and 1B,” Casey said of his two young guards. ” Either one can bring it up. Either one can initiate offense. Either one can run pick and roll. What we want to work to is position-less basketball.”

Bulls To Acquire DeMar DeRozan From Spurs Via Sign-And-Trade

August 3rd, 2021 at 3:06pm CST by Luke Adams

Free agent wing DeMar DeRozan is expected to sign a three-year, $85MM contract with the Bulls, reports Shams Charania of The Athletic (Twitter links).

According to Charania, the Bulls and Spurs are finalizing a sign-and-trade deal that will send DeRozan to Chicago in exchange for Thaddeus Young, a future first-round pick, and two second-round picks. Al-Farouq Aminu will go to San Antonio in the deal too, per ESPN’s Adrian Wojnarowski (Twitter link).

Wojnarowski also provides the details on the draft picks headed to the Spurs, reporting (via Twitter) that the future first-round pick will convey in 2025 at the earliest, since the Bulls owe their 2023 first-rounder to Orlando. The second-rounders Chicago is sending to San Antonio are the Lakers’ 2022 pick and the Bulls’ own 2025 pick, Woj adds.

Chris Haynes of Yahoo Sports (Twitter links), who first reported DeRozan was nearing a deal with Chicago, says his three-year deal will be fully guaranteed.

It’s a fascinating turn of events for the Bulls and for DeRozan, who had reportedly been planning to meet with the Clippers despite their limited cap flexibility. Because acquiring a player via sign-and-trade hard-caps a team at the tax apron, a sign-and-trade for DeRozan likely wasn’t an option for the Clippers, who project to be taxpayers.

However, the Bulls, who had already agreed to acquire Lonzo Ball via sign-and-trade and had two sizeable – and expendable – expiring contracts belonging to Young and Aminu, were in a far better position to make DeRozan an aggressive offer. And they did just that, agreeing to a deal that will add DeRozan to a core that now includes Zach LaVine, Nikola Vucevic, and Ball.

While DeRozan’s lack of a three-point shot (he has made 35 in the last three seasons) is an oddity for a wing in the modern NBA, his mid-range game is deadly and he has become a legitimately dangerous play-maker, averaging a career-best 6.9 assists per game in 2020/21. Opponents will have a tough time stopping lineups featuring him, LaVine, and Vucevic, though it won’t be the most stout group defensively.

Based on their reported moves, the Bulls still have about $19.5MM in breathing room below the tax and $26MM below the hard cap, according to ESPN’s Bobby Marks, who notes (via Twitter) that the team still holds Lauri Markkanen‘s Bird rights.

The Spurs, who have free agent deals in place with Zach Collins and Doug McDermott, still have about $6MM in projected cap space to work with, Marks adds.

Free Agency Rumors: DeRozan, Bulls, Wizards, McLaughlin, Rose, Heat

August 3rd, 2021 at 1:27pm CST by Luke Adams

A sign-and-trade deal that sends DeMar DeRozan to the Bulls remains a possibility for the veteran free agent wing, league sources tell Marc Stein (Twitter link). Chicago has previously been mentioned as a possible suitor for DeRozan, and Stein’s report suggests the team remains interested even after reaching agreements with Lonzo Ball and Alex Caruso.

A Monday report from Brian Windhorst of ESPN suggested that a double sign-and-trade sending DeRozan to the Bulls and Lauri Markkanen to the Spurs could be one possibility that the two sides would explore. Chicago also expiring contracts belonging to Thaddeus Young ($14.19MM) and Al-Farouq Aminu ($10.18MM), both of which would theoretically make for good salary-matching pieces.

Here are a few more rumors related to free agency:

As Spencer Dinwiddie and the Wizards continue to work toward a possible agreement that would land the point guard in D.C., Jake Fischer of Bleacher Report says (via Twitter) that Washington has begun exploring the possibility of trading Chandler Hutchison and a second-round pick as part of a potential sign-and-trade deal for Dinwiddie.
Jordan McLaughlin and his camp are optimistic about reaching a new multiyear contract agreement with the Timberwolves, according to Chris Hine of The Star Tribune (Twitter link). McLaughlin, a restricted free agent, met face-to-face with the Wolves when free agency opened on Monday, tweets Darren Wolfson of 5 Eyewitness News.
The Knicks are expected to re-sign Derrick Rose using his Early Bird rights, which means they can keep his smaller cap hold on their books for now and then eventually go over the cap to complete his deal, tweets Steve Popper of Newsday. Popper estimates that New York could still have upwards of $9MM in cap room to work with, or even more if the team waives Luca Vildoza‘s non-guaranteed salary.
The Heat had interest in Rudy Gay, but weren’t going to match Utah’s two-year, $12MM offer, preferring to commit most of their mid-level to a strong defensive player in P.J. Tucker, tweets Barry Jackson of The Miami Herald.

Free Agency Rumors: DeRozan, Smart, Dragic, Tucker

August 3rd, 2021 at 1:28am CST by Alex Kirschenbaum

It appears that several teams remain interested in adding veteran free agent Spurs guard DeMar DeRozan, but are trying to gauge his market. Jordan Schultz of ESPN reports (Twitter link) that the Clippers would like to sign DeRozan, as would the Spurs if the price is right.

Schultz notes that there are other clubs interested in DeRozan, but – assuming he’s is not offered an overwhelming deal – the former four-time All-Star will take his time in determining a destination.

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

With Lonzo Ball now headed to the Bulls in a sign-and-trade deal as a restricted free agent, another team that had been floated as a potential destination, the Celtics, will most likely not attempt to move on from guard Marcus Smart, tweets Mark Murphy of the Boston Herald. Murphy adds (Twitter link) that Smart is hoping to earn a four-year, $80MM contract extension from Boston.
Veteran guard Goran Dragic , who is expected to be sent from the Heat to the Raptors in an upcoming sign-and-trade for veteran free agent point guard Kyle Lowry, is hoping to be rerouted to the Mavericks, per Michael Grange of Sportsnet (Twitter link). The details of a sign-and-trade agreement between Miami and Toronto have not yet been fully reported.
Now that the news has broken that newly-minted NBA champion P.J. Tucker will be joining the Heat rather than return to the Bucks in free agency, Sam Amick of The Athletic notes a big part of the reason was Milwaukee’s exorbitant projected tax bill if Tucker had returned. The Bucks appear hopeful to replace Tucker’s versatile defensive contributions by agreeing to a deal with former Celtics forward Semi Ojeleye.

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

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

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

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

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

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

Luke Adams contributed to this report.