Transactions Rumors | Hoops Rumors

Bucks Re-Sign Thanasis Antetokounmpo

July 28th, 2023 at 3:58pm CST by Luke Adams

3:58pm: The Bucks have officially re-signed Antetokounmpo, the team announced in a press release.

2:51pm: Free agent forward Thanasis Antetokounmpo has agreed to re-sign with the Bucks, reports Shams Charania of The Athletic (Twitter link).

The older brother of Bucks star Giannis Antetokounmpo, Thanasis has spent the last four seasons in Milwaukee, averaging 2.7 points and 1.8 rebounds in 8.3 minutes per game (162 games) during that time. Prior to 2019, he primarily played overseas and in the G League, though he did have a brief NBA stint with New York in 2015/16.

According to Charania (Twitter link), Thanasis chose the Bucks over multiple other options, including the Knicks.

Given Thanasis’ limited contributions at the NBA level, it would be a little surprising if multiple teams were vying to offer the 31-year-old a fully guaranteed contract — we’ll have to wait to see what the details of his new deal are. Based on the Bucks’ financial situation, it figures to be worth the veteran’s minimum.

Milwaukee currently has 14 players on guaranteed contracts, so if the team plans to have Thanasis on its regular season roster, he would fill the 15th and final spot, barring additional moves. In that scenario, the Bucks would be carrying two pairs of brothers on their 2023/24 squad, with Brook Lopez and Robin Lopez also under contract.

Wizards Sign Jared Butler To Two-Way Deal

July 28th, 2023 at 12:42pm CST by Alex Kirschenbaum

JULY 28: The Wizards have officially signed Butler, according to a press release from the team. The club has one open two-way slot remaining.

JULY 24: The Wizards have agreed to sign free agent point guard Jared Butler to a two-way deal, his agent Mark Bartelstein at Priority Sports informs Adrian Wojnarowski of ESPN (Twitter link).

Butler, 22, was selected with the No. 40 overall pick out of Baylor in 2021. He played out his rookie season with the Jazz, who waived him ahead of the 2022/23 season. He joined the Nuggets’ NBAGL affiliate, the Grand Rapids Gold, at the start of last season, before eventually latching on with the Thunder on a two-way deal this past March.

Across 48 total NBA contests in his two seasons of experience, Butler holds averages of 4.1 PPG on .415/.343/.688 shooting, along with 1.5 APG.

Last year in the NBAGL, he enjoyed significantly more run, and accordingly had more impressive stats. He posted averages of 16.7 PPG, 6.3 APG, 3.3 RPG, and 0.9 SPG in his 27 total games split between the Grand Rapids Gold and the Thunders’ G League affiliate, the Oklahoma City Blue.

Trail Blazers Waive Jeenathan Williams

July 28th, 2023 at 11:37am CST by Luke Adams

11:37am: The Blazers have officially waived Williams, the team confirmed today in a press release.

9:52am: The Trail Blazers will waive shooting guard Jeenathan Williams before his salary for the 2023/24 season becomes guaranteed, according to Shams Charania of The Athletic (Twitter link).

Williams’ $1,719,864 salary for ’23/24 is fully non-guaranteed — it would have become guaranteed if he had remained under contract through August 1, as our tracker shows.

Sean Highkin of Rose Garden Report previously noted that the 24-year-old was unlikely to be retained through that date.

Williams, who went undrafted out of Buffalo in 2022, spent most of his first professional season with the Salt Lake City Stars, Utah’s G League affiliate. In 32 regular season appearances for Salt Lake City, he averaged 14.4 points, 4.5 rebounds, and 2.2 assists in 29.8 minutes per game, posting an impressive .523/.417/.848 shooting line.

That G League performance earned Williams a late-season call-up with the Blazers, who signed him to a multiyear deal on April 1. He played a major role for the lottery-bound club down the stretch, averaging 10.6 PPG, 3.0 RPG, and 2.0 APG on .615/.375/.667 shooting in five contests (25.4 MPG), including four starts.

Releasing Williams will leave Portland with 12 players on standard contracts and a pair on two-way deals. If they’d like to keep Williams around without having to guarantee his salary, the Blazers could try to re-sign him on a new non-guaranteed or two-way contract, but he would have to pass through waivers first.

Spurs Re-Sign Sandro Mamukelashvili To One-Year Deal

July 27th, 2023 at 5:56pm CST by Rory Maher

JULY 27: Mamukelashvili’s new contract is official, the Spurs announced in a press release.

JULY 1: The Spurs are re-signing forward/center Sandro Mamukelashvili, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that the Georgian big man will be receiving a one-year, $2MM contract. That means he’ll be receiving the veteran’s minimum.

After spending four college seasons at Seton Hall, Mamukelashvili was selected 54th overall in the 2021 draft. He spent the majority of his first two NBA seasons on a two-way contract with the Bucks, but his playing time was very limited at the NBA level — he averaged 3.2 PPG and 2.1 RPG on .439/.345/.750 shooting in 65 games (9.6 MPG) from 2021-23.

Milwaukee waived the 24-year-old in March, and he was claimed by the Spurs, who converted his two-way deal into a rest-of-season standard contract.

As Tom Orsborn of The San Antonio Express-News writes, Mamukelashvili impressed the Spurs down the stretch by averaging 10.8 PPG, 6.8 RPG and 2.4 APG on .453/.343/.692 shooting in 19 games (seven starts, 23.3 MPG). Head coach Gregg Popovich seemed particularly fond of the former second-round pick, Orborn adds.

“He is athletic, he’s got size, he’s European, which makes me love him right off that bat because I think those guys are unbelievably well-coached and overall understand the game better than most of us here,” Popovich said. “He moves without the ball, he shoots it pretty well, he can pass, he’s got good speed. I like everything about him.”

Spurs Sign Sidy Cissoko To Three-Year Deal

July 27th, 2023 at 11:04am CST by Arthur Hill

Second-round pick Sidy Cissoko has agreed to a three-year contract with the Spurs, tweets Michael Scotto of HoopsHype. His signing is confirmed in the NBA.com transactions log.

Although a source confirms to Tom Orsborn of The San Antonio Express News (Twitter link) that it’s a standard contract, no details are provided on how many years are guaranteed. The signing will add to a crowded roster, as the Spurs already have 17 players with standard deals.

The French forward was selected with the 44th pick in last month’s draft after playing one year with the G League Ignite. He was the first European player to sign with the G League team. Cissoko played for San Antonio during Summer League and impressed team officials with his aggressiveness on offense.

Dominick Barlow Returns To Spurs On Two-Way Deal

July 27th, 2023 at 10:50am CST by Arthur Hill

JULY 27: Barlow’s signing is official, the Spurs confirmed (via Twitter).

JULY 26: Power forward Dominick Barlow will remain with the Spurs on a two-way contract, tweets ESPN’s Adrian Wojnarowski. The news was confirmed by his agent, Todd Ramasar of Life Sports Agency, Wojnarowski adds.

Barlow, 20, was a restricted free agent after receiving a qualifying offer from San Antonio last month. His new deal amounts to another two-way contract with a small guarantee for the upcoming season.

Barlow inked a two-way deal with the Spurs last summer after going undrafted following a year with Overtime Elite. He spent much of the season in the G League, but he appeared in 28 NBA games and averaged 3.9 points and 3.6 rebounds in 14.6 minutes per night. He put up some impressive numbers in April, including 21 points and 19 rebounds on the final day of the NBA’s regular season.

Once Barlow’s signing becomes official, the Spurs will have one open two-way slot on their roster. Sir’Jabari Rice is also signed to a two-way deal.

Pistons Sign Tosan Evbuomwan To Exhibit 10 Deal

July 27th, 2023 at 6:31am CST by Dana Gauruder

JULY 27: Evbuomwan’s Exhibit 10 deal with the Pistons is official, according to RealGM’s log of NBA transactions.

JUNE 23: The Pistons have agreed to a contract with undrafted Princeton forward Tosan Evbuomwan, Michael Scotto of HoopsHype tweets. Evbuomwan is signing an Exhibit 10 deal, Adam Zagoria tweets.

The 6’8” Evbuomwan spent three seasons with the Tigers and averaged 15.1 PPG, 6.3 RPG and 4.9 APG last season. The native of England was named the Ivy League Player of the Year.

He spearheaded Princeton’s run through the league tournament and also excelled in the NCAA Tournament. Evbuomwan had 24 points, nine assists and six rebounds against Creighton in the Sweet 16.

Players on Exhibit 10 deals can earn a bonus of up to $75K by joining the team’s G League affiliate — in this case, the Motor City Cruise — and spending at least 60 days with them if they’re waived by the NBA squad. Exhibit 10 contracts can also be converted into two-way deals, and Evbuomwan will compete for one of the Pistons’ three slots, his agent George Langberg told Zagoria.

Knicks Sign Dylan Windler To Two-Way Deal, Waive Trevor Keels

July 26th, 2023 at 7:00pm CST by Rory Maher

JULY 26: The Knicks have confirmed the signing of Windler and the previously reported release of Keels (Twitter link).

JULY 24: The Knicks are signing free agent wing Dylan Windler to a two-way contract, agents Andy Shiffman and Mark Bartelstein tell Adrian Wojnarowski of ESPN (Twitter link).

The 26th pick of the 2019 draft, Windler spent all four of his NBA seasons with the Cavaliers, who chose not to give him a qualifying offer last month, making him an unrestricted free agent.

As Bobby Marks of ESPN observes (via Twitter), Windler would previously have been ineligible to receive a two-way contract, but a new provision in the CBA means he’s only counted as having three years of service because he missed his entire rookie season with an injury.

According to Stefan Bondy of The New York Daily News (Twitter link), even though it was reported that Nathan Knight would receive a two-way deal (and confirmed by Bondy himself), the team’s press release didn’t specify that he actually received said two-way deal. However, NBA.com’s official transactions log has Knight on a two-way deal.

Knight’s contract situation is relevant because the Knicks would have all three two-way slots filled if the big man is indeed on a two-way deal. Jaylen Martin and Trevor Keels occupy the other two-way slots, while Duane Washington could still accept his two-way qualifying offer.

A source tells Fred Katz of The Athletic that Knight is on a one-year, two-way contract, so the Knicks will have to either convert one of their players on a two-way deal to a standard contract or release someone (Twitter links).

Windler, 26, only appeared in 84 games during his time with Cleveland, including three games for just 10 total minutes in 2022/23. He holds career averages of 3.3 PPG and 2.3 RPG in 11.7 MPG.

The former Belmont star played 11 regular season games (22.2 MPG) for the Cavs’ G League affiliate (the Cleveland Charge) last season, averaging 12.2 PPG and 5.9 RPG on .523/.407/.632 shooting.

Lakers Sign Alex Fudge To Two-Way Deal, Waive Cole Swider

July 26th, 2023 at 4:33pm CST by Arthur Hill

4:51pm: The contract with Fudge is official, the Lakers announced (via Twitter).

4:33pm: The Lakers will sign Alex Fudge to a two-way contract, tweets ESPN’s Adrian Wojnarowski. They will open up a two-way slot by waiving Cole Swider, according to Michael Scotto of HoopsHype (Twitter link).

Fudge, a 20-year-old forward, put up modest numbers during his college career at LSU and Florida, averaging 4.6 and 3.9 rebounds over two seasons.

Fudge played for L.A.’s Summer League team, and although his statistics didn’t stand out, he impressed the Lakers enough with his athleticism to earn a two-way opportunity. A previous report had indicated he would be signing an Exhibit 10 contract with the team.

Swider, a 24-year-old small forward, signed a two-way contract with L.A. last summer after going undrafted out of Villanova. He appeared in just seven games for the Lakers, spending most of his rookie year in the G League, where he averaged 17.1 points, 4.8 rebounds and 1.8 assists in 27 regular season games.

Swider’s contract for the upcoming season is non-guaranteed, so L.A. won’t be on the hook for any more money. Colin Castleton and D’Moi Hodge occupy the team’s other two-way spots.

Celtics Sign Jaylen Brown To Super-Max Extension

July 26th, 2023 at 3:02pm CST by Luke Adams

JULY 26: Brown has officially signed his super-max extension, the Celtics announced today (via Twitter).

JULY 25: The Celtics and star wing Jaylen Brown are in agreement on a five-year, super-max contract extension, agent Jason Glushon tells Marc J. Spears of Andscape (Twitter link).

The deal, which is worth a projected $304MM, is fully guaranteed and includes a trade kicker, but doesn’t feature a fifth-year player option, tweets Shams Charania of The Athletic.

It’s the most lucrative deal in NBA history, and a massive investment by the Celtics in Brown, who became eligible for a super-max extension – with a starting salary worth 35% of the cap instead of 30% – by making the All-NBA Second Team this spring.

The 26-year-old averaged a career-best 26.6 points per game on .491/.335/.765 shooting while also contributing 6.9 rebounds, 3.5 assists, and 1.1 steals per night across 67 appearances (35.9 MPG). He earned his second All-Star nod and helped the Celtics get to within one game of the NBA Finals.

Brown had been entering a contract year in 2023/24 and there was a belief that it would be difficult for the Celtics to extend him if he hadn’t become super-max eligible, due to the NBA’s limitations on veteran extensions. Once Brown made an All-NBA team, it opened the door for the two sides to reach an agreement on a deal that will tack on five years to his current contract and ensure he’s under team control through 2028/29, keeping him off next summer’s free agent market.

While it took a few weeks for the two sides to come to terms, reports throughout July consistently maintained that there was optimism it would eventually get done — now it has.

The projected $304MM figure is based on an assumption that the NBA’s salary cap will increase by 10% again in 2024/25, as it has in each of the last two seasons. Assuming that’s the case, Brown will earn approximately $52.4MM in the first year of his new contract; that number would jump all the way up to $69.1MM by year five, resulting in a total of about $303.7MM.

Before his new extension takes effect, Brown will earn a base salary of $28.5MM in 2023/24, with an additional $3.3MM available in incentives.

Brown will become the 12th player to sign a designated veteran contract since the NBA introduced it in 2017. Even if the cap doesn’t increase by a full 10% next offseason, the value of Brown’s extension will comfortably surpass Nikola Jokic‘s five-year, $276.1MM contract with Denver — Jokic’s deal was previously the most lucrative in NBA history.

Brown’s teammate Jayson Tatum also achieved the super-max performance criteria this spring, but won’t have the service time necessary to sign a designated veteran extension of his own until the 2024 offseason. Assuming the Celtics also ink Tatum to a super-max deal, which could become the new richest contract in league history, they’ll have to figure out a way to build and maintain a competitive roster around two massive contracts in the coming years.

As Bobby Marks of ESPN notes (via Twitter), once Brown officially signs his extension, he’ll be ineligible to be traded for a full calendar year.