Transactions Rumors | Hoops Rumors

Pistons Sign Stanley Umude To Camp Contract

August 8th, 2023 at 3:25pm CST by Luke Adams

The Pistons have officially signed free agent guard Stanley Umude, per RealGM’s transaction log. According to Keith Smith of Spotrac (Twitter link), it’s a non-guaranteed training camp contract.

Umude, who went undrafted out of Arkansas in 2022, signed an Exhibit 10 contract with Detroit last September and was waived before the regular season began. He spent most of his rookie year as an affiliate player for the Motor City Cruise, the Pistons’ G League team, earning a brief NBA call-up when he signed a 10-day contract with Detroit in February.

Umude appeared in just one NBA game, but was a rotation regular for the Cruise throughout the NBAGL’s Showcase Cup and regular season. He played in 43 total games for Motor City, averaging 15.4 points and 5.1 rebounds in 27.5 minutes per contest, with a shooting line of .414/.369/.775.

The Pistons are carrying 14 players on guaranteed standard contracts and a pair on two-way deals, so it’s possible Umude will given the opportunity to compete for the final 15-man or two-way spot on the regular season roster. If he’s waived before the season begins, the 24-year-old looks like a good candidate to rejoin the Cruise as a returning rights player.

Mavs Agree To Camp Deals With Greg Brown, Joe Wieskamp

August 8th, 2023 at 12:59pm CST by Luke Adams

Free agent forward Greg Brown and wing Joe Wieskamp have agreed to sign training camp contracts with the Mavericks, league sources tell Shams Charania of The Athletic.

The 43rd overall pick in the 2021 draft, Brown spent his first season-and-a-half as a pro in Portland, appearing in 64 games for the Trail Blazers during that time. He didn’t establish himself as a regular rotation player, averaging just 4.0 points and 2.4 rebounds in 11.5 minutes per night with a shooting line of .422/.294/.636.

Because the Blazers didn’t have a G League affiliate of their own during Brown’s time with the team, they couldn’t send him to their own NBAGL program for developmental purposes. The 21-year-old ended up being waived in February to accommodate Portland’s trade deadline moves, then finished the season with the Ontario Clippers in the G League.

Wieskamp was drafted two spots ahead of Brown in 2021 and appeared in 29 games for the Spurs as a rookie, but he wasn’t retained for a second season in San Antonio. He inked a pair of 10-day contracts with the Raptors in January of this year, then signed a multiyear deal in February. That contract was only guaranteed for the rest of the 2022/23 season though, so he was waived by Toronto last month before his 2023/24 salary became guaranteed.

Wieskamp, who will turn 24 later this month, has only made 30.9% of his 55 three-point shots at the NBA level in 38 appearances, but has shown his ability to stretch the floor at the G League level, hitting 38.0% of 237 attempts across 32 NBAGL regular season contests.

Dallas currently has 14 players on guaranteed standard contracts and a pair on two-way deals, so adding Brown and Wieskamp on camp deals would bring the team’s total roster count to 18 players, leaving three open spots.

Clippers Sign Jordan Miller To Two-Way Deal

August 7th, 2023 at 3:10pm CST by Rory Maher

The Clippers have signed Jordan Miller to a two-way contract, the team announced (via Twitter).

A versatile guard/forward, Miller was the 48th overall pick of June’s draft. He was one of six 2023 second-round picks who had yet to sign an NBA contract; that list is now down to five players, two of whom are expected to play overseas.

Miller, 23, had a strong “super senior” season for Miami (FL) in 2022/23, averaging 15.3 points, 6.2 rebounds, 2.7 assists and 1.2 steals on .545/.352/.784 shooting in 37 games (35.0 minutes per night). He helped the Hurricanes reach the Final Four of the NCAA tournament, where they fell to eventual champion UConn.

The Clippers currently have 16 players on standard contracts, with 15 of those deals being guaranteed. Miller will occupy the second of three possible two-way slots; Moussa Diabate holds the other.

Anthony Davis Signs Three-Year Extension With Lakers

August 6th, 2023 at 4:11pm CST by Luke Adams

AUGUST 6: Davis’ new three-year extension is now official, the Lakers announced (Twitter link via ESPN’s Dave McMenamin). According to Michael Scotto of HoopsHype, the final year is a player option (Twitter link).

AUGUST 4: The Lakers and star big man Anthony Davis are in agreement on a three-year, maximum-salary contract extension, agent Rich Paul tells Adrian Wojnarowski of ESPN. The two sides wasted little time in reaching a deal after Davis became extension-eligible on Friday.

Although Wojnarowski refers to it as a $186MM extension, the exact value of the three-year contract won’t be determined until June 2025. Davis will earn a starting salary worth 35% of the salary cap in 2025/26, with subsequent 8% annual raises.

As we outlined earlier today, in order for the deal to be worth $186MM, the cap would have to increase by the maximum allowable 10% in each of the next two seasons, reaching nearly $164.6MM by ’25/26. That would be a best-case scenario, but the NBA is currently projecting more modest cap increases. If the cap is instead at $150MM in ’25/26, for example, Davis’ three-year deal would be worth about $170MM.

Either way, the long-term agreement – which was reached quickly and seemingly without any drama – is good news for both Davis and the Lakers, who are now tied to one another through the 2027/28 season.

Davis has shown a tendency in the past to take long-term guaranteed money when it’s on the table rather than trying to maximize his earnings with shorter-term deals. He’s sticking to that approach here, accepting a max extension offer when it’s available rather than playing out the 2023/24 season in the hopes of signing a bigger deal as a free agent in 2024, when he would have been eligible to opt out of his current contract.

It’s possible that accepting an extension now will cost him a little money in the long run, but for a player who has battled injuries throughout his career, it’s hard to argue with the decision. Davis has been limited to 132 of 236 regular season games over the past three years and hasn’t played more than 62 games in a season since 2017/18.

For the Lakers, meanwhile, it’s a massive investment in a player who has Davis’ injury history, but it’s an investment that could pay dividends, given that the alternative may have been negotiating a maximum-salary free agent contract of up to five years in 2024.

By signing Davis to an extension now, Los Angeles ensures that he’s locked into his current deal through the 2024/25 season, when he’ll be earning a salary ($43.2MM) well below his potential maximum. The team also won’t have to commit to him beyond 2028, when he’ll be 35 years old.

And when healthy, Davis has continued to be one of the NBA’s most dominant two-way stars. The 30-year-old averaged 25.9 points, 12.5 rebounds, 2.6 assists, and 2.0 blocks per game in 56 appearances (34.0 MPG) during the 2022/23 season, shooting 56.3% from the floor.

Davis is also an elite rim protector whose performance on that end of the court was a major factor the Lakers’ run to the Western Conference Finals this spring. He ranked first in the postseason with 14.1 RPG and 3.1 BPG.

Davis will earn $40.6MM in 2023/24, so he’s now in line to make up to approximately $270MM over the next five seasons if the cap continues to rise by 10% annually.

Davis and LeBron James have been the cornerstones of the Lakers over the last few seasons, including in the 2020 championship season. James’ future with the team beyond the 2023/24 season remains up in the air, since he has the ability to opt out of his deal and – at 38 years old – has alluded to the possibility of retirement. But whether or not LeBron remains in Los Angeles for the long term, it appears the franchise is committed to building around Davis for the foreseeable future.

Souley Boum Signs With Nuggets

August 5th, 2023 at 8:21pm CST by Arthur Hill

The Nuggets have signed free agent guard Souley Boum, tweets Keith Smith of Spotrac. It’s a training camp contract with no guaranteed money, a source tells Smith. The signing was completed on Thursday, per RealGM’s transaction log.

Boum, 24, went undrafted out of Xavier this year after averaging 16.4 points, 4.3 rebounds and 4.3 assists as a super senior. He began his college basketball career at San Francisco before transferring to UTEP for three seasons.

Boum played for the Kings during Summer League, averaging 7.3 PPG in three games.

The defending champions are now at the summer maximum with 21 players under contract.

Hornets Signing R.J. Hunter

August 5th, 2023 at 6:45pm CST by Arthur Hill

Free agent shooting guard R.J. Hunter has reached an agreement with the Hornets, agent Daniel Hazan tells Chris Haynes of TNT and Bleacher Report (Twitter link). It’s a one-year, non-guaranteed deal, tweets Rod Boone of The Charlotte Observer.

The 29-year-old last played in the NBA in 2018/19 when he appeared in one game with the Celtics on a two-way contract. He had short stays with a series of overseas teams since then, but sat out last season with a ruptured left patellar tendon he suffered in 2022 while playing in Australia for the Sydney Kings.

Boston selected Hunter with the 28th pick in the 2015 draft, but he was waived after just one year. He signed with the Bulls before the start of the 2016/17 season, but only got into three games before being released. He also appeared in five games with the Rockets on a two-way deal.

The addition of Hunter, along with the recent signing of Frank Ntilikina, will bring Charlotte up to 16 players on standard deals. They also have a pair of players on two-way contracts.

Frank Ntilikina Signs With Hornets

August 5th, 2023 at 9:56am CST by Luke Adams

AUG. 5: Ntilikina’s deal with the Hornets is official, per team release (Twitter link).

AUG. 4: The Hornets are signing free agent guard Frank Ntilikina to a one-year contract, agents Sam Rose and Olivier Mazet tell Adrian Wojnarowski of ESPN (Twitter link).

Wojnarowski says that Ntilikina’s deal will be partially guaranteed, while Rod Boone of The Charlotte Observer (Twitter link) hears that it will be non-guaranteed — we’ll have to wait for more clarity on the exact details, but it’s a safe bet it’ll be worth the veteran’s minimum.

Ntilikina, who turned 25 last week, was selected eighth overall in the 2017 draft by the Knicks. He spent his first four NBA seasons in New York before joining the Mavericks for the last two years.

Ntilikina has never developed into much of an offensive threat at the NBA level, averaging a modest 4.8 points and 2.2 assists per game in 316 career contests (17.1 MPG), with a shooting line of .371/.323/.760. However, he’s considered a strong perimeter defender.

While Ntilikina’s partially guaranteed contract won’t necessarily assure him of a regular season roster spot in Charlotte, he has the opportunity to follow in the footsteps of another former Knicks guard who was drafted in the 2017 lottery – Dennis Smith Jr. earned regular playing time in the Hornets’ rotation last season due to his strong defensive play. He parlayed that showing into a guaranteed contract with Brooklyn this offseason.

Charlotte only has 12 players on fully guaranteed contracts – not counting restricted free agent P.J. Washington – and doesn’t have much point guard depth behind starter LaMelo Ball, so Ntilikina should have an inside track on a 15-man roster spot as long as he performs well in training camp. It’s also worth noting that two-way player Theo Maledon is still a restricted free agent, so his potential return could affect Ntilikina’s role in Charlotte.

If Ntilikina doesn’t claim a spot on the Hornets’ 15-man roster, it will be interesting to see whether the Frenchman catches on with another team or considers a move back to Europe. As Sportando relays, there had been rumors that French club ASVEL Basket made an offer to Ntilikina.

Dmytro Skapinstev Signs Exhibit 10 Deal With Knicks

August 3rd, 2023 at 5:35pm CST by Alex Kirschenbaum

The Knicks have inked center Dmytro Skapintsev to an Exhibit 10 contract, the team announced on Thursday (Twitter link).

The 7’1″ big man most recently suited up for the Knicks’ Summer League team, where he averaged 7.4 PPG, 6.6 RPG, 2.6 APG and 1.8 BPG.

Skapintsev played internationally for clubs in his native Ukraine and in Lithuania before joining New York’s G League affiliate, the Westchester Knicks, for the 2022/23 season.

Across 28 regular season games with Westchester last year, including eight starts, Skapintsev averaged 8.1 PPG, 5.9 RPG, 1.6 APG, and 0.6 BPG. He shot 60.8% from the floor and 77.8% from the field in those contests.

Exhibit 10 deals can include optional bonuses worth up to $75K. If the 25-year-old is cut prior to the regular season, he could rejoin Westchester as a returning rights player. Should he stay with Westchester for at least 60 days, he would earn that bonus.

New York now has a full 21-man offseason roster, with 12 players on fully or partially guaranteed contracts, six on non-guaranteed deals, and three on two-way pacts.

Knicks Sign Obadiah Noel To Exhibit 10 Deal

August 3rd, 2023 at 5:32pm CST by Rory Maher

5:32pm: New York has officially announced the signing of Noel to an Exhibit 10 deal (Twitter link).

1:12pm: The Knicks intend to sign free agent guard Obadiah Noel to an Exhibit 10 contract, league sources tell Michael Scotto of HoopsHype (Twitter link).

It will be the first NBA contract for Noel, who went undrafted in 2021 after four college seasons at UMass-Lowell. The 24-year-old has spent his first two professional seasons playing in the G League.

During the 2021/22 season, Noel played for the Raptors 905, Toronto’s NBAGL affiliate. He held modest averages of 6.2 points on .393/.232/.783 shooting in 22 regular season games (17.1 minutes).

The 6’4″ guard began the ’22/23 G League season with the Raptors 905 during the fall Showcase Cup, but his minutes were further reduced, and he caught on with the Westchester Knicks, New York’s affiliate. He had a solid showing during the regular season, averaging 10.6 points, 2.9 rebounds, 2.1 assists and 1.4 steals on .487/.382/.689 shooting in 29 games (26.8 minutes).

With a crowded backcourt and all three two-way slots filled, the most likely outcome is that Noel will be waived by the Knicks before the season starts. In that scenario, he would be eligible for a bonus worth up to $75K if he spends at least 60 days with Westchester in ’23/24.

Hornets Waive Xavier Sneed

August 3rd, 2023 at 3:58pm CST by Rory Maher

The Hornets have waived forward Xavier Sneed, who was on a two-way contract, per a team press release.

Sneed, 25, spent most of the 2022/23 season with the Greensboro Swarm, Charlotte’s NBAGL affiliate, appearing in a total of 44 games with the club across the Showcase Cup and regular season. In 32 regular season appearances (31.2 MPG), Sneed averaged 12.5 points, 4.7 rebounds, and 2.4 assists per night with a .393/.318/.738 shooting line.

He received a 10-day contract from Charlotte at the end of last season and then signed a two-way deal just before the season ended. He appeared in four games with the Hornets, averaging 4.3 points in 12.0 minutes.

Sneed, who also had brief NBA stints with the Grizzlies and Jazz, has spent the bulk of his three-year professional career playing in the G League, primarily with the Swarm. The former Kansas State product went undrafted in 2020.

As our roster count shows, the Hornets currently have 14 players on standard contracts (12 guaranteed), a pair on two-way deals after releasing Sneed, two unsigned restricted free agents (P.J. Washington and Theo Maledon), and one unsigned draft pick (James Nnaji, who was selected 31st overall).