Transactions Rumors | Hoops Rumors

Rockets Sign Amen Thompson, Cam Whitmore

July 3rd, 2023 at 1:37pm CST by Rory Maher

Former Overtime Elite guard Amen Thompson and Villanova forward Cam Whitmore have officially signed their rookie scale contracts with the Rockets, per NBA.com’s official transactions log.

Known as a top-tier athlete, Thompson averaged 16.4 points, 5.9 assists, 5.9 rebounds and 2.3 steals on .566/.250/.656 shooting last season for the City Reapers, who won the Overtime Elite championship. He was the fourth overall pick in this year’s draft, one spot ahead of his twin brother Ausar Thompson.

Whitmore was viewed as a potential top-five pick early in the pre-draft process, but his stock was said to be falling in the days leading up to June 22, as rumors of medical concerns and poor workouts circulated. He ultimately slipped all the way to Houston at No. 20 after a freshman year in which he averaged 12.5 PPG and 5.3 RPG and earned Big East Rookie of the Year honors.

As our chart of rookie scale salaries for 2023 first-rounders shows, Thompson should have a cap hit around $8.8MM this season, while Whitmore’s figures to be $3.2MM. They’ll earn up to $40MM and $15.6MM, respectively, over the course of their four-year rookie deals.

We’re tracking all of this year’s draft pick signings right here.

Luke Adams contributed to this post.

Mason Plumlee Re-Signs With Clippers On One-Year Deal

July 3rd, 2023 at 1:20pm CST by Rory Maher

JULY 6: The Clippers have officially completed their new deal with Plumlee, per NBA.com’s transaction log.

JULY 3: Mason Plumlee is re-signing with the Clippers on a one-year, $5MM contract, agent Mark Bartelstein tells ESPN’s Adrian Wojnarowski.

A longtime NBA center, Plumlee was an unrestricted free agent after his three-year, $25MM deal expired at the end of 2022/23.

He’ll be taking a pay cut to return to Los Angeles after making $9.08MM in 2022/23. According to Wojnarowski, the veteran received more lucrative offers from rival suitors in free agency.

The 22nd pick of the 2013 draft, Plumlee has played for the Nets, Trail Blazers, Nuggets, Pistons, Hornets and Clippers over the course of his 10 NBA seasons. He was having a strong season with Charlotte in ’22/23, averaging 12.2 PPG, 9.7 RPG and 3.7 APG in 56 games (28.5 MPG) as a full-time starter, before being sent to L.A. at the February trade deadline.

Plumlee’s role was slightly diminished playing behind Ivica Zubac, but he still brought solid production and size off the bench, averaging 7.5 PPG, 6.9 RPG and 1.7 APG in 23 regular season games (19.9 MPG). Overall, he shot a career-best 68% from the field last season.

A report last week stated that the Clippers might be open to moving Zubac and were comfortable having Plumlee as the starting center. It remains to be seen if that will transpire, but he’s a nice insurance policy to have either way.

The Clippers are one of the league’s top spenders, far above the luxury tax line. However, they held Plumlee’s Bird rights, so they were able to pay him more than the veteran’s minimum.

As ESPN’s Bobby Marks notes (via Twitter), the Clippers now have 16 players on standard contracts, including Jason Preston, whose contract is non-guaranteed. The young guard recently agreed to push back his salary guarantee date until July 18.

Plumlee was No. 36 on our list of this summer’s top 50 free agents.

Pelicans Sign Jordan Hawkins To Rookie Deal

July 3rd, 2023 at 11:29am CST by Arthur Hill

Jordan Hawkins has signed his rookie scale contract with the Pelicans, according to NBA.com’s transactions log.

Hawkins was the No. 14 pick in last month’s draft after helping Connecticut win the national championship as a sophomore.

The 21-year-old shooting guard earned first-team All-Big East honors by averaging 16.2 points, 3.8 rebounds and 1.3 assists last season.

Hawkins is eligible to receive $4,310,160 in his first season and can earn $20,599,055 over the four-year contract, as our breakdown of rookie scale salaries shows.

Hawkins is the 17th first-rounder to reach a contract agreement. You can track the status of all 58 draft picks in our round-up of signings.

The Pelicans didn’t have a second-round pick this year, so Hawkins was their only draftee.

Suns Sign Yuta Watanabe, Chimezie Metu

July 3rd, 2023 at 10:37am CST by Alex Kirschenbaum

JULY 3: The Suns have officially signed Watanabe and Metu to their minimum-salary contracts, per NBA.com’s transaction log.

JUNE 30: The Suns are reportedly adding two new free agents to surround their starry core of Devin Booker, Kevin Durant, Bradley Beal and Deandre Ayton.

Sources inform Shams Charania of The Athletic (Twitter link) that sharpshooting ex-Nets small forward Yuta Watanabe has reached an agreement to join the Suns. Meanwhile, sources tell Adrian Wojnarowski of ESPN (via Twitter) that former Kings big man Chimezie Metu is also signing a one-year deal with the team.

Exact terms of these new contracts have yet to be revealed. Presumably, both these deals would be for veteran’s minimums, due to Phoenix’s current spending restrictions.

Watanabe, a 6’9″ swingman out of George Washington, gives Phoenix some lethal long range versatility on the wing following a breakout season in Brooklyn, most of which was spent playing alongside fellow ex-Net Durant. The 28-year-old averaged 5.6 PPG on a .491/.444/.723 slash line, along with 2.4 RPG, in his 58 contests with Brooklyn.

Metu, a 6’9″ power forward/center out of USC, had spent all five of his prior NBA seasons with Sacramento. In 2022/23 under new head coach Mike Brown, he saw his numbers and role take a bit of a dip while the club improved to a 48-34 record and its first playoff berth since 2006. Across 66 contests, Metu averaged 4.9 PPG and 3.0 RPG in 10.4 MPG. He will for now serve as a key frontcourt backup.

Suns Officially Sign Drew Eubanks, Keita Bates-Diop

July 3rd, 2023 at 10:34am CST by Luke Adams

The Suns have made it official with two free agents who agreed to join the team early in free agency, having officially signed center Drew Eubanks and forward Keita Bates-Diop, according to NBA.com’s transaction log.

While many deals reported over the weekend can’t be formally completed until this Thursday, minimum-salary signings are one of the transactions that can be finalized during the July moratorium. Both Eubanks and Bates-Diop agreed to two-year, veteran’s minimum deals that feature second-year player options.

Eubanks, 26, emerged as a reliable rotation player in Portland over the last season-and-a-half, averaging 8.4 points, 6.0 rebounds, and 1.1 blocks in 22.3 minutes per game across 100 appearances (50 starts). He also shot 64.3% from the floor during his time as a Blazer. He’ll have an opportunity to back up Deandre Ayton in Phoenix, with Jock Landale leaving the Suns for the Rockets and Bismack Biyombo seemingly unlikely to return.

Bates-Diop, a second-round pick in 2018, is coming off his best season as an NBA player. He averaged 9.7 points, 3.7 rebounds, and 1.5 assists with a .508/.394/.793 shooting line in 67 games (21.7 MPG), including 42 starts, for the Spurs last season. He’ll be among the Suns’ minimum-salary signings who will vie for minutes in a rotation headed by the star trio of Devin Booker, Kevin Durant, and Bradley Beal.

The Suns still have several more reported signings to officially complete, including minimum-salary deals with veteran guard Eric Gordon and forward Yuta Watanabe.

Kings Sign Jalen Slawson On Two-Way Deal

July 2nd, 2023 at 8:53pm CST by Alex Kirschenbaum

Former Furman small forward Jalen Slawson has signed a two-way contract with the Kings, per a team press release.

Sacramento selected the 6’7″ forward with the No. 54 pick in this year’s draft. The 23-year-old was voted the Southern Conference Player of the Year and Defensive Player of the Year for his efforts in the 2022/23 NCAA season.

He was also a two-time All-Southern Conference First Team selection during his collegiate tenure.

Across 36 contests last year, he averaged 15.6 PPG on .556/.394/.775 shooting splits, along with 7.1 RPG, 3.2 APG, 1.5 SPG and 1.5 BPG.

Considered a skilled creator with intriguing upside, his lack of athleticism and an occasional tendency for turnovers limited his draft stock somewhat.

Kings Sign Colby Jones To Four-Year Deal

July 2nd, 2023 at 8:35pm CST by Luke Adams

The Kings have become the first team to use the NBA’s cap exception for second-round picks, having signed No. 34 overall pick Colby Jones, per NBA.com’s official transactions log.

According to Shams Charania of The Athletic (Twitter link), Sacramento agreed to give Jones a four-year contract worth $8.76MM. The first two years will be guaranteed, Charania adds.

The second-round pick exception is a new addition to the league’s Collective Bargaining Agreement. It allows teams to sign their second-rounders without requiring cap room or a cap exception like the mid-level. In past years, the Kings would have had to use a portion of their cap space (or the non-taxpayer mid-level, if they’d operated over the cap) in order to give Jones a four-year contract.

The second-round pick exception requires four-year deals to include a team option in the final year. It allows Jones to receive salaries worth more than the rookie minimum in the first two seasons of the deal, with minimum salaries in the last two.

The signing also won’t count against the Kings’ cap room until the end of July — this is to ensure a club can sign its second-rounders for Summer League play without having to worry about the impact on the team’s financial flexibility.

Jones is coming off a strong junior season at Xavier, where he averaged 15.0 PPG, 5.7 RPG, and 4.4 APG with a .509/.378/.653 shooting line in 36 games (34.0 MPG) in 2022/23.

Jones has already been part of two trades in his brief NBA career. The Hornets technically drafted the 6’6″ wing, but his rights were flipped to the Celtics and then to Sacramento. The Kings sent a future second-round pick to Boston in order to move up four spots from No. 38 to land Jones.

Taking into account their reported deals with Alex Len, Trey Lyles, and Sasha Vezenkov, as well as PJ Dozier‘s non-guaranteed contract, the Kings now have 14 players on standard contracts.

Warriors Sign Cory Joseph To One-Year Deal

July 2nd, 2023 at 7:42pm CST by Luke Adams

JULY 6: Joseph is officially a Warriors, according to a press release from the club.

JULY 2: Free agent point guard Cory Joseph is headed to Golden State, having agreed to sign a one-year contract with the Warriors, agents Rich Paul and Brandon Cavanaugh tell Adrian Wojnarowski of ESPN (Twitter link).

Joseph has been one of the NBA’s steadiest backup point guards for years, making stops in San Antonio, Toronto, Indiana, Sacramento, and Detroit during the first 12 years of his career.

He was traded from the Kings to the Pistons at the 2021 deadline and has spent the last two-and-a-half seasons in Detroit, averaging 8.1 points, 3.8 assists, and 2.3 rebounds per game with a .450/.397/.854 shooting line in 146 appearances (22.8 MPG) during that time.

Golden State’s massive team salary means the team is limited to minimum-salary offers to outside free agents this summer, and Joseph will indeed be receiving a veteran’s minimum deal, Anthony Slater of The Athletic confirms (via Twitter).

Joseph, who is entering his age-32 season, was one of the oldest players on a rebuilding Pistons squad in 2022/23. He shouldn’t be leaned on as much for veteran leadership as part of a Warriors backcourt that also features Chris Paul (38), Stephen Curry (35), Klay Thompson (33), and Gary Payton II (30), but will provide head coach Steve Kerr with an experienced, reliable backup to the team’s stars.

As Slater tweets, the Warriors’ deal with Joseph will bring them to 12 players on standard contracts. They’re not expected to carry a full 15-man roster to open the season, Slater says, but will need to add at least two more players to fill out their squad. Veteran forward Dario Saric remains on their radar, Slater adds.

Kings Re-Sign Keon Ellis To Two-Way Contract

July 2nd, 2023 at 7:06pm CST by Luke Adams

The Kings have re-signed shooting guard Keon Ellis to a two-way contract, according to NBA.com’s transaction log.

Sacramento had tendered Ellis a two-way qualifying offer in the days leading up to free agency, making him a restricted free agent, so he may have simply accepted that QO.

Ellis, who went undrafted out of Alabama in 2022, signed a two-way contract with the Kings last July and spent his entire rookie season within the organization. He was deployed sparingly at the NBA level in 2022/23, appearing in 16 games and playing just 71 total minutes.

Ellis played extensively for the Stockton Kings in the G League, however, averaging 16.8 points, 5.3 rebounds, and 3.4 assists per night in 23 regular season appearances (30.4 MPG) while registering an impressive shooting line of .517/.444/.784.

Sacramento still has two-way slots available for 2023/24 after bringing back Ellis. The team also tendered a qualifying offer to its other two-way player from ’22/23, Neemias Queta, but because Queta has been on a two-way deal with the Kings for two seasons instead of just one, his QO is equivalent to a standard (partially guaranteed) minimum-salary deal rather than another two-way contract.

Jazz Sign All Three First-Round Picks

July 2nd, 2023 at 4:57pm CST by Dana Gauruder

The Jazz have signed their three first-round picks — forward Taylor Hendricks, guard Keyonte George, and forward Brice Sensabaugh — to rookie scale contracts, according to a team press release.

Hendricks, the No. 9 overall pick, will make $5,569,920 in his first season. He’ll bank $25,351,580 over the life of the four-year contract. The UCF product averaged 15.2 points, 7.0 rebounds and 1.7 blocks in 34.7 minutes during his only college season.

George will receive $3,889,800 in his first season. The four-year contract is worth $18,816,885.

The No. 16 pick started 33 games for Baylor in his lone collegiate season and averaged 15.3 points, 4.2 rebounds, 2.8 assists, and 1.1 steals in 28.7 minutes per game. He was named the Big 12 Freshman of the Year.

Sensabaugh, taken with the 28th pick out of Ohio State, will bring in $2,448,600 as a rookie. The four-year deal is worth $12,576,077. He appeared in 33 games last season and averaged 16.3 points. 5.4 rebounds, and 1.2 assists in 24.5 minutes per game.

First-round picks virtually always sign contracts worth 120% of their rookie scale amount and the above figures represent those amounts. Rookie scale contracts are guaranteed for the first two years, with team options on the third and fourth years.