Transactions Rumors | Hoops Rumors

Vit Krejci Waived By Timberwolves

October 18th, 2023 at 10:02pm CST by Arthur Hill

The Timberwolves have waived guard/forward Vit Krejci, according to NBA.com’s transactions log.

The 23-year-old signed with Minnesota last month after the Hawks released him in August. He appeared in just one of the team’s four preseason games, scoring four points and grabbing two rebounds in a little more than seven minutes of action.

The 37th pick in the 2020 draft, Krejci spent one season with Oklahoma City before being traded to Atlanta. He appeared in 59 combined games with the two teams, averaging 3.8 points and 2.2 rebounds in 14.5 minutes per night.

Because he had an Exhibit 10 contract with the Wolves, Krejci is eligible for a bonus worth up to $75K if he spends at least 60 days with the team’s G League affiliate in Iowa. He has previous G League experience with Oklahoma City Blue and the College Park Skyhawks.

The move brings the Wolves’ roster down to 20 players.

Cavaliers Exercise 2024/25 Option On Evan Mobley

October 18th, 2023 at 9:08pm CST by Arthur Hill

The Cavaliers have exercised their fourth-year option on Evan Mobley, a source tells Chris Fedor of Cleveland.com (Twitter link).

The move guarantees Mobley’s $11,227,657 salary for the 2024/25 season. He will become eligible for a rookie scale extension next summer and could be a restricted free agent in 2025 if he doesn’t reach a new deal before then.

The No. 3 overall pick in the 2021 draft, Mobley became an immediate starter in Cleveland and helped transform the Cavs into a playoff team. At age 22, he is one of the building blocks of an organization that hopes to take the next step after last year’s first-round ouster.

Mobley averaged 16.2 points and 9.0 rebounds per game last season while shooting 55.4% from the floor. He also blocked 1.5 shots per night and is already considered one of the best defensive big men in the league.

As our rookie scale option decision tracker shows, Mobley’s option is the only one the Cavaliers have to address this fall.

Lakers Sign Louis King

October 18th, 2023 at 8:39pm CST by Arthur Hill

8:39pm: The signing is official, tweets Jovan Buha of The Athletic.

6:18pm: Free agent Louis King is signing with the Lakers, tweets Michael Scotto of HoopsHype. The deal was confirmed by King’s agent, George Langberg of GSL Sports Group.

The 24-year-old combo forward made a brief NBA appearance last season, getting into one game with the Sixers after signing a two-way contract in late December. King spent most of the season in the G League, where he averaged 16.5 points, 4.7 rebounds and 5.0 assists in 32 regular season games with the Delaware Blue Coats.

King became an unrestricted free agent in July when Philadelphia decided not to make a qualifying offer. He had a tryout with the Celtics in August, but remained unsigned.

King will likely head to the G League again once his contract with the Lakers is finalized. Assuming it’s an Exhibit 10 deal, he will be eligible for a bonus of up to $75K if he spends at least 60 days with L.A.’s South Bay affiliate.

The signing will bring the Lakers’ offseason roster to 18 players. L.A. has 14 fully guaranteed contracts, and all three of its two-way slots filled.

Grizzlies Sign Adonis Arms, David Johnson

October 18th, 2023 at 7:00pm CST by Arthur Hill

The Grizzlies tweaked their preseason roster by signing Adonis Arms and David Johnson, the team announced in a press release. Jason Preston and Timmy Allen, who both signed with the team on Monday, were waived to make room.

Because Memphis already has 15 guaranteed contracts and all three of its two-way slots filled, all four players are likely to end up in the G League. Assuming they all have Exhibit 10 deals, they can earn up to a $75K bonus by spending at least 60 days with the Memphis Hustle.

Arms, a 25-year-old guard, finished last season with the Hustle after being acquired from Grand Rapids in a G League trade. He spent time with both Denver and Phoenix during the 2022 preseason and played for the Nets in this year’s Summer League.

Johnson, a 22-year-old guard, was drafted in the second round by Toronto in 2021, but only appeared in two NBA games before being waived last October. He spent most of his time with Raptors 905 in the G League, but was traded to the Hustle in late August.

The moves leave the Grizzlies with 21 players on their preseason roster, with three needing to be trimmed by Monday’s league-wide cutdown date.

Isaiah Roby, Jaylen Martin Waived By Knicks

October 18th, 2023 at 4:37pm CST by Arthur Hill

The Knicks have waived forward Isaiah Roby and swingman Jaylen Martin, the team announced (via Twitter).

Roby, 25, signed with New York on the final day of the 2022/23 regular season. He spent most of the season with the Spurs, appearing in 42 games and averaging 4.1 points and 2.5 rebounds in 11.3 minutes per night before being released in early March. Roby spent his first three NBA seasons with Oklahoma City.

Martin signed a two-way contract with the Knicks this summer after going undrafted out of the Overtime Elite League. His departure leaves New York with an open two-way slot as the others are currently held by Nathan Knight and Dylan Windler.

Roby got into two of the team’s three preseason games and averaged 8.0 PPG and 2.5 RPG. Martin made one three-minute appearance during the preseason.

Neither player had any guaranteed money for this season, so the moves won’t cost the Knicks anything. The team is down to 19 players on its roster, with 12 fully guaranteed contracts.

Nuggets Sign Bryce Wills, Waive Three Players

October 18th, 2023 at 1:45pm CST by Luke Adams

The Nuggets confirmed a series of roster moves today in a press release, announcing that they’ve signed guard Bryce Wills and requested waivers on Amida Brimah, Au’Diese Toney, and Jamorko Pickett.

Wills, who was a member of Denver’s Summer League team in Las Vegas in July, went undrafted out of Stanford in 2021 and has played in the G League for the last two years, spending time with the Capital City Go-Go as well as the Nuggets’ affiliate, the Grand Rapids Gold.

In 44 games last season for Grand Rapids, Wills averaged 5.6 points, 4.2 rebounds, and 1.5 assists in 22.3 minutes per contest, with a shooting line of .463/.340/.485. He’s known for more his defense than his offensive ability, having been named to the Pac-12’s All-Defensive team in 2020.

Brimah, Toney, and Pickett signed Exhibit 10 contracts with Denver last Friday. It looks like the plan is for all three of those players – as well as Wills, who figures to be waived in the coming days – to report to the Gold for the 2023/24 season. Their Exhibit 10 deals will make them eligible for bonuses worth up to $75K if they spend at least 60 days with the Nuggets’ NBAGL team.

Denver now has 19 players under contract.

Warriors Cut Yuri Collins

October 18th, 2023 at 1:44pm CST by Luke Adams

The Warriors have placed guard Yuri Collins on waivers two days after signing him, the team announced today (via Twitter).

A 6’0″ point guard who went undrafted in June out of Saint Louis, Collins averaged 11.2 points, 10.1 assists, 3.3 rebounds, and 1.3 steals with a .442/.319/.735 shooting line in 32 games (35.1 MPG) as a senior in 2022/23. An All-Atlantic 10 First Team member each of the past two seasons, he also suited up for the Warriors in Summer League action.

Collins signed an Exhibit 10 contract with Golden State for G League purposes — his deal didn’t even include Exhibit 9 language protecting the Warriors in the event of an injury, an indication that the team never planned to have him suit up for a game.

The plan will be for Collins to report to the Santa Cruz Warriors, Golden State’s G League affiliate, when training camps begin later this month. Assuming he spends at least 60 days with Santa Cruz, he’ll receive a $25K bonus on top of his NBAGL salary.

Thunder Sign Hunter Maldonado, K.J. Williams

October 18th, 2023 at 1:06pm CST by Luke Adams

The Thunder have added a pair of undrafted rookies to their preseason roster, announcing today that they’ve signed guard Hunter Maldonado and forward K.J. Williams.

Maldonado spent six years at Wyoming, including a redshirt season in 2018/19 and a “super-senior” year in 2022/23. He earned three All-Mountain West nods during that time, claiming a spot on the All-MWC first team in 2021/22 when he averaged a career-best 18.5 points and 6.3 assists per night in 33 games (37.3 MPG).

Like Maldonado, Williams went undrafted earlier this year following his super-senior college season. The 6’10” forward played four years at Murray State before transferring to LSU in 2022. He averaged 17.7 PPG and 7.7 RPG in 33 games (32.8 MPG) last season, posting an impressive shooting line of .490/.411/.785.

In all likelihood, both Maldonado and Williams signed Exhibit 10 contracts that will make them eligible to earn bonuses worth up to $75K if they spend at least 60 days with the Thunder’s G League affiliate, the Oklahoma City Blue, after being waived by the NBA club. Even after Tuesday’s trade with Houston, the Thunder have a roster crunch, so there’s no clear path for Maldonado or Williams to make the regular season roster.

Oklahoma City now has a full 21-man preseason roster.

Bucks Waive Omari Moore, Two Others

October 18th, 2023 at 12:16pm CST by Luke Adams

The Bucks have trimmed their preseason roster from 21 players to 18, announcing today in a press release that they’ve waived guards Omari Moore and Jazian Gortman, as well as forward Drew Timme.

Although teams are permitted to carrying 18 players into the regular season (15 on standard contracts and three on two-way deals), Milwaukee’s roster isn’t ready for opening night. Gortman and Timme were on training camp contracts, but Moore was a two-way player, so the Bucks are now carrying 15 players on guaranteed deals, one (Marques Bolden) on a camp contract, and a pair on two-way pacts.

The decision to waive Moore comes as a bit of a surprise, even though he hadn’t made much of an impact on the court in Summer League or the preseason. The undrafted rookie out of San Jose State signed a two-year, two-way contract with the Bucks in early July — that level of team control is rare, since most two-way deals only cover a single season.

Gortman and Timme also joined the Bucks as undrafted free agents this summer after playing for Overtime Elite and Gonzaga, respectively. Both players were on Exhibit 10 contracts and now appear on track to become affiliate players for the Wisconsin Herd, Milwaukee’s G League team. If Gortman and Timme spend at least 60 days with the Herd, they’ll each earn a bonus worth $75K.

It remains to be seen whether the Bucks will set their regular season roster by simply converting Bolden to a two-way contract or whether they have more moves on tap in the coming days.

Magic Sign Daeqwon Plowden, Waive Miye Oni

October 18th, 2023 at 11:26am CST by Luke Adams

The Magic continue to move players in and out of their back-end roster spots, announcing today in a press release that they’ve signed wing Daeqwon Plowden and waived swingman Miye Oni.

After going undrafted out of Bowling Green in 2022, Plowden spent his first professional season playing for New Orleans’ G League affiliate, the Birmingham Squadron. In 42 total regular season and Showcase Cup games with the Squadron, he averaged 8.3 points, 3.4 rebounds, and 1.3 assists in 22.0 minutes per night, posting a shooting line of .415/.333/.755.

The Osceola Magic – Orlando’s NBAGL team – acquired Plowden’s returning rights from the Squadron last month.

Based on that trade and today’s announcement, it sounds like the 25-year-old signed an Exhibit 10 contract and will be waived before the regular season begins. He’d then be in line to receive an Exhibit 10 bonus worth up to $75K – in addition to his base G League salary – if he spends at least 60 days with Osceola.

That’s also believed to be the plan for Oni, who spent less than a week on Orlando’s roster after signing last Friday.