Transactions Rumors | Hoops Rumors

Nuggets Sign Braxton Key On Two-Way Deal

July 18th, 2023 at 3:43pm CST by Alex Kirschenbaum

JULY 18: The signing is official, according to a team press release.

JULY 13: The Nuggets are signing combo forward Braxton Key on a two-way contract, his Excel Sports agents Anthony Coleman and Max Lipsett tell Adrian Wojnarowski of ESPN (Twitter link).

Prior to this agreement, Key had been turning heads as an athletic finisher and defender for the Mavericks’ Summer League team.

Since going undrafted out of Virginia in 2020, the 6’8″ high flyer has bounced around a bit between the G League and the NBA proper. He also enjoyed a brief stint with a club in a Puerto Rican league earlier this year.

Key has served two separate stints on the Sixers’ NBAGL affiliate, the Delaware Blue Coats, in addition to suiting up for two contests with Philadelphia proper on a 10-day contract. He also inked 10-day and two-way deals with the Pistons during the 2021/22 season. He has cumulatively appeared in 14 total NBA games to date.

That said, he has been racking up accolades in the G League of late. With the Blue Coats in 2022/23, Key averaged 13.7 PPG, 7.7 RPG, 4.1 APG, 1.7 SPG and 1.2 BPG with a .523/.402/.638 shooting line en route to a a G League title with Delaware last season. Key was also named to the All-NBA G League Second Team and the NBA G League All-Defensive Team while with the Blue Coats in 2021/22.

Denver extended point guard Collin Gillespie, a two-way player last season, a qualifying offer earlier this summer, making him a restricted free agent. With Key forthcoming, the reigning champs will still have two other two-way vacancies available, with Gillesepie a prime candidate to occupy one of those slots.

Jay Huff Signs Two-Way Deal With Nuggets

July 18th, 2023 at 3:41pm CST by Alex Kirschenbaum

JULY 18: The signing is official, according to a team press release.

JULY 16: Free agent center Jay Huff has agreed to sign a two-way deal with the Nuggets, reports Adrian Wojnarowski of ESPN (Twitter link).

This will mark the third two-way contract for Huff, a 7’1″ big man out of Virginia. The 2019 NCAA champion first joined the Lakers on a two-way agreement in 2021/22, and most recently was a two-way player for the Wizards in 2022/23.

Huff has spent most of his pro time with the G League affiliates of those clubs, having appeared in a grand total of just 11 NBA games. In those contests, he’s posted averages of 4.6 PPG on .536/.429/.938 shooting splits, along with 2.3 RPG and 1.0 APG.

Across 28 total regular season appearances split between the Lakers’ NBAGL team, the South Bay Lakers, and then eventually the Wizards’ affiliate, the Capital City Go-Go, Huff posted averages of 15.0 PPG, 7.8 RPG, 2.9 BPG and 1.3 SPG in 2022/23.

For his efforts last season, he was named the NBA G League Defensive Player of the Year, as well as an All-NBA G League First Teamer and an NBA G League All-Defensive Teamer.

Most recently, Huff has been playing for the Rockets’ Summer League club.

The Nuggets also recently agreed to a two-way deal with forward Braxton Key, and have a two-way qualifying offer on the table for guard Collin Gillespie.

Nets Sign Armoni Brooks To Two-Way Contract

July 18th, 2023 at 2:34pm CST by Luke Adams

The Nets have signed free agent guard Armoni Brooks to a two-way contract, the team announced today (via Twitter). Michael Scotto of HoopsHype (Twitter link) first reported the agreement.

Brooks, 25, has appeared in 74 games for the Rockets and Raptors since the start of the 2020/21 season, averaging 6.9 PPG and 2.3 RPG on .366/.330/.758 shooting. He was in camp with Atlanta last fall before being waived in October.

Although he hasn’t really shown it at the NBA level yet, Brooks is a solid outside shooter, having made 38.6% of his career three-pointers on 7.2 attempts per game in 86 G League contests. He also played well for the Nets’ Summer League team in Las Vegas this month, putting up 17.8 PPG on a scorching hot .500/.476/.875 shooting line.

Brooks and Jalen Wilson now occupy two of Brooklyn’s three two-way contract slots. RaiQuan Gray had also been on a two-way deal with the team, but was waived this afternoon, so the Nets still have one slot open.

Nets Waive RaiQuan Gray

July 18th, 2023 at 2:34pm CST by Luke Adams

The Nets have officially waived forward RaiQuan Gray, the team announced today (Twitter link). Gray had been on a two-way contract with the team.

The 59th overall pick in the 2021 draft out of Florida State, Gray spent his first professional season in the G League with the Long Island Nets. He signed a training camp contract with Brooklyn in the fall of 2022 but didn’t make the regular season roster and was cut before opening night, ultimately spending a second season in Long Island before being promoted to a two-way deal during the final week of the 2022/23 season in April.

After an underwhelming rookie season at the G League level, Gray emerged as a full-time starter this past year, averaging 15.4 PPG, 7.6 RPG, and 2.6 APG with a .578/.382/.629 shooting line in 18 games (30.6 MPG).

Because the two-way deal he signed in the spring included a second year, Gray remained under contract with the Nets when the ’22/23 league year ended and the ’23/24 league year began. However, it seems he wasn’t in the team’s plans for the coming season after all.

With Gray on waivers, Brooklyn now has Jalen Wilson and Armoni Brooks, who signed with the team today, on two-way contracts.

Spurs Re-Sign Tre Jones To Two-Year Deal

July 18th, 2023 at 2:19pm CST by Rory Maher

JULY 18: Nearly three weeks after initially agreeing to terms with the Spurs, Jones has officially signed his new contract, the club announced today in a press release. The deal will eat up the remainder of San Antonio’s cap room, putting the team’s salary over the cap.

JUNE 30: Tre Jones is re-signing with the Spurs, having agreed to a two-year, $20MM contract, agent Kevin Bradbury tells ESPN’s Adrian Wojnarowski (via Twitter).

Jones was a restricted free agent after San Antonio issued him a $5,216,324 qualifying offer. He didn’t need to sign an offer sheet from a rival team to nearly double that figure.

The 41st overall pick of the 2020 draft, the former Duke point guard has spent his entire pro career with the Spurs. He played sparingly as a rookie, had a regular bench role in 2021/22, and emerged as a full-time starter in ’22/23 after the club traded Dejounte Murray to Atlanta last summer.

In 68 games last season (29.2 MPG), Jones averaged 12.9 PPG, 6.6 APG, 3.6 RPG and 1.3 SPG on .459/.285/.860 shooting. I’m sure he’d like to boost that three-point percentage, but Jones provides value in other areas, including solid play-making while taking excellent care of the ball — he posted a 4.1-to-1 assist-to-turnover ratio in ’22/23.

Still just 23 years old, Jones will hit unrestricted free agency in a couple years when he’s 25.

Montrezl Harrell Returns To Sixers On One-Year Deal

July 18th, 2023 at 12:00pm CST by Dana Gauruder

JULY 18: Harrell has officially re-signed with the Sixers, according to NBA.com’s transaction log.

JULY 6: Free agent big man Montrezl Harrell is returning to the Sixers on a one-year contract, ESPN’s Adrian Wojnarowski reports (via Twitter).

Harrell became a free agent when he declined his veteran’s minimum-salary option for next season. He settled for another veteran’s minimum contract that’s fully guaranteed, Kyle Neubeck of Philly Voice tweets.

Because Harrell’s option salary had been based on a 5% raise and the cap increased by 10%, his new salary ($2.89MM) will top the one he would’ve received on his old contract ($2.76MM), so he made the right call to opt out. Philadelphia will carry a $2.02MM cap hit for the 29-year-old in 2023/24.

Harrell appeared in 57 games for the Sixers in 2022/23, averaging 5.6 points and 2.8 rebounds in 11.9 minutes per night. He only appeared in two postseason games.

Prior to last season, Harrell had posted career averages of 12.9 PPG and 5.3 RPG in 21.5 MPG across 458 games, earning Sixth Man of the Year honors in 2020. His numbers this past season were his lowest since his rookie year (2015/16).

Harrell will once again fight for rotation minutes in Philadelphia, this time with Nick Nurse making those decisions.

The agreement between Harrell and the Sixers puts into question the status of restricted free agent Paul Reed. Philadelphia is adding another big man, Mohamed Bamba, on a one-year deal.

Bucks Sign Jazian Gortman

July 18th, 2023 at 9:19am CST by Luke Adams

The Bucks have signed rookie free agent Jazian Gortman, according to RealGM’s log of official NBA transactions.

Gortman, 20, played for the YNG Dreamers in the Overtime Elite program before becoming draft-eligible this spring. He averaged 13.9 PPG, 4.8 RPG, 3.9 APG, and 2.5 SPG while shooting 45.3% from the floor and 80.8% from the free throw line.

After going undrafted, Gortman joined the Bucks’ Summer League team, though he saw limited action in Las Vegas, logging just 45 minutes across five games. He scored a total of 24 points on 10-of-24 shooting to go along with five assists and four rebounds.

While the exact details of the agreement aren’t yet known, RealGM doesn’t classify it as a multiyear or two-way contract, so by process of elimination, it sounds like it’s a one-year standard deal.

I’d expect the contract will be non-guaranteed and will include Exhibit 10 language, putting Gortman in position to either have it converted to a two-way deal or to become an affiliate player for the Wisconsin Herd (Milwaukee’s G League team) if he’s waived.

Jerome Robinson To Sign Camp Deal With Warriors

July 17th, 2023 at 8:53pm CST by Dana Gauruder

Free agent guard Jerome Robinson has agreed to a training camp deal with the Warriors, ESPN’s Adrian Wojnarowski tweets. Robinson will compete for a regular season roster spot, according to Wojnarowski.

Golden State currently has two spots open on its 15-man roster, though the Warriors are likely to carry only 14 players on standard contracts due to their luxury tax issues.

Robinson has played with the Warriors’ G League affiliate, Santa Cruz, in each of the past two years. Robinson was a 2018 lottery pick for the Clippers but was traded during his second season to the Wizards. He hasn’t played an NBA game since the 2020/21 season, when he made 17 appearances with Washington. Overall, he has appeared in 113 NBA games, including 12 starts.

Robinson has averaged 4.5 points, 1.8 rebounds and 1.2 assists in 14.2 minutes per game during those NBA games. He averaged 14.8 points, 4.8 assists and 4.3 rebounds in 29.2 minutes per game during 24 regular-season games with Santa Cruz last season.

Nuggets Re-Sign Collin Gillespie On Two-Way Deal

July 17th, 2023 at 5:46pm CST by Dana Gauruder

The Nuggets have retained Collin Gillespie on a two-way deal, according to the NBA’s transactions log.

Gillespie suffered a lower left leg fracture last summer but still received a two-way contract and remained on Denver’s roster despite the injury. The Nuggets extended him a qualifying offer last month, making him a restricted free agent.

An undrafted guard out of Villanova, Gillespie averaged 15.6 PPG for the Wildcats in his final college season, shooting 41.5% from three-point range. Gillespie averaged 11.3 PPG, 5.3 RPG, 4.3 APG and 1.5 SPG in four Summer League contests last year before sustaining the injury.

He saw action in four Summer League games this month, averaging 7.8 points, 4.2 rebounds, 4.6 assists and 2.4 steals in 29.7 minutes per game.

With Gillespie back in the fold, the Nuggets have filled their three two-way spots. Forward Braxton Key and center Jay Huff will reportedly take the other two spots, though those transactions aren’t yet official.

Thunder Sign Vasilije Micic To Three-Year Deal

July 17th, 2023 at 5:07pm CST by Rory Maher

JULY 17: The Thunder have officially signed Micic, according to a team press release.

JULY 1: European star Vasilije Micic has agreed to a three-year, $23.5MM contract with the Thunder, agent Jason Ranne tells ESPN’s Adrian Wojnarowski.

Micic traveled to Oklahoma City a few weeks ago to discuss a potential contract with the Thunder. A report last week from Christos Tsaltas of Sportal.gr stated that Micic was “determined” to play in the NBA in 2023/24, and now he’ll be coming stateside on a lucrative multiyear deal.

Micic, 29, was selected by Philadelphia with the 52nd overall pick in the 2014 draft. The Sixers traded his draft rights in 2020 to the Thunder, who have held them for the last three years.

The 6’5″ guard has been playing in Europe since 2010 and has been a member of Anadolu Efes since 2018. He won back-to-back EuroLeague championships with the club in 2021 and 2022 and was named the EuroLeague’s Most Valuable Player in 2021. He and Anadolu Efes have also claimed Turkish League titles in 2019, 2021, and 2023, with Micic earning Finals MVP honors this year.

The Thunder already have several young guards on their roster, but they seem quite high on the Serbian veteran. According to Jake Fischer of Yahoo Sports (Twitter link), several teams trade to acquire Micic’s rights during last month’s NBA draft, including the Jazz, but OKC decided to retain him.

Micic averaged 16.0 points, 5.4 assists and 3.2 rebounds in 31 EuroLeague contests last season, posting a .435/.357/.870 shooting line in 31 games (31.3 minutes).

The Thunder may have their room exception, which can now be used on signings of up to three years, earmarked for Micic.