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Kings Sign Harrison Barnes To Three-Year Extension

June 29th, 2023 at 10:00pm CST by Luke Adams

10:00pm: The extension is official, per NBA.com’s transaction log.

7:11pm: The Kings will keep veteran forward Harrison Barnes off the free agent market, having reached an agreement on a three-year, $54MM contract extension, agent Jeff Schwartz tells Adrian Wojnarowski of ESPN (Twitter link).

The deal will include a 10% trade kicker, reports Sam Amick of The Athletic (via Twitter).

Barnes has been a full-time starter for the Kings since they acquired him from Dallas at the 2019 trade deadline. The 31-year-old has appeared in 317 games since then, averaging 15.4 PPG, 5.3 RPG, and 2.3 APG with a .472/.387/.827 shooting line in 34.0 minutes per contest.

Barnes signed a four-year, $94MM contract as a free agent in 2016 and got $85MM for four years in 2019. Given his age and the fact that so few teams had cap room this summer, it makes sense that he’d have to settle for a slightly lesser annual salary.

However, it’s also not a surprise that he’ll receive well above the mid-level, since his performance hasn’t noticeably dropped off in recent years. Barnes had a disappointing playoff showing vs. Golden State, but was as solid as ever during the 2022/23 regular season, with averages of 15.0 PPG and 4.5 RPG on .473/.374/.847 shooting. He was also one of just 10 NBA players not to miss a single game this year.

The Pacers were reportedly among the teams believed to have interest in Barnes, but he’ll officially sign a new deal with Sacramento before reaching free agency, since he remained extension-eligible until June 30.

Barnes’ new contract will cut into the Kings’ projected cap room, but the team should still have approximately $18MM in space, according to Yossi Gozlan of HoopsHype (Twitter link).

As Gozlan observes, Sacramento could use that room to give Domantas Sabonis a raise via a contract renegotiation-and-extension while still having enough left to go after another rotation player in free agency. The club would also have the room exception – projected to get a bump to $7.7MM – once it uses up its cap room.

The Kings would also have the ability to operate as an over-the-cap team, which would allow them to access their full $12.4MM mid-level exception and $4.5MM bi-annual exception, but would remove the option of a Sabonis renegotiation.

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Nets To Make David Duke Jr. Unrestricted Free Agent

June 29th, 2023 at 7:45pm CST by Alex Kirschenbaum

Nets combo guard David Duke Jr.. is not going to receive a qualifying offer from Brooklyn and will thus enter unrestricted free agency, reports Brian Lewis of The New York Post (Twitter link).

Nets shooting guard Dru Smith, inked to a two-way contract last season, was also not given a qualifying offer by Brooklyn, Lewis adds. He, too, will become an unrestricted free agent.

The 23-year-old Duke first joined Brooklyn on a two-way deal after going undrafted out of Providence in 2021. He returned to the Nets on another two-way contract for the 2022/23 season, but saw his agreement converted to a standard roster deal this past April, ending the year on the club’s 15-man roster.

Across 23 games for Brooklyn in 2023/24, Duke averaged 3.7 PPG, 1.3 RPG and 0.9 APG. In 22 games for Brooklyn’s G League affiliate, the Long Island Nets, Duke averaged 22.9 PPG, 6.0 RPG, 3.8 APG, and 1.9 SPG.

Smith, 25, barely played for the Nets during his inaugural NBA season. In 10 games for Brooklyn, he averaged just 3.3 PPG, 1.7 RPG and 1.5 RPG across 9.1 MPG. Smith played 14 contests for the Long Island Nets, starting just three. He averaged 14.1 PPG on .500/.426/.667 shooting splits, along with 5.4 RPG.

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Raptors To Make Dalano Banton Unrestricted Free Agent

June 29th, 2023 at 6:36pm CST by Alex Kirschenbaum

The Raptors are not extending a qualifying offer to reserve point guard Dalano Banton, making him an unrestricted free agent this summer, per Blake Murphy of Sportsnet.ca (Twitter links).

Toronto’s decision on the qualifying offer doesn’t necessarily rule out the possibility of a new deal with Banton, Murphy notes. However, the Raptors are declining his qualifying offer because it would be worth more than a two-year veteran’s minimum deal.

During his second NBA season, the 23-year-old out of Nebraska saw limited run with the Raptors. He averaged 4.6 PPG, 1.5 RPG and 1.2 APG in 9.0 MPG across 31 contests with the club.

Toronto is, however, extending qualifying offers to the team’s two two-way signings from 2022/23, point guard Jeff Dowtin and power forward Ron Harper Jr., Murphy reports.

While Murphy believes Dowtin could possibly return to the Raptors next season, either on a standard or two-way deal, he believes Harper may have to compete for a spot this summer.

In 25 games with the Raptors proper, Dowtin averaged 2.4 PPG, 1.2 APG and 0.9 RPG. In 19 games for Toronto’s NBAGL affiliate, the Raptors 905, the 6’3″ guard out of Rhode Island averaged a more robust 16.9 PPG on .502/.413/.771 shooting splits, plus 6.1 APG, 4.2 RPG, and 1.7 SPG.

Harper similarly appeared sparingly with Toronto’s NBA franchise, averaging 2.2 RPG in just nine games. Like, Dowtin, the 6’6″ forward also enjoyed a strong showing for the Raptors 905. He logged 16.7 PPG on .501/.366/.776, while also chipping in 5.1 RPG, 4.0 APG, 1.2 BPG and 1.0 SPG.

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Lakers Waive Shaquille Harrison

June 29th, 2023 at 5:06pm CST by Rory Maher

The Lakers have waived Shaquille Harrison, the team announced (via Twitter).

Harrison’s $2,413,304 salary for 2023/24 was non-guaranteed, so the move creates some cap space and roster flexibility ahead of free agency.

The veteran guard spent most of the ’22/23 season in the G League for the South Bay Lakers, L.A.’s affiliate, earning a spot on the NBAGL All-Defensive Team. He signed a 10-day deal with the Blazers at the end of the season before signing with the Lakers for the playoffs.

Harrison didn’t appear in any regular season games for the Lakers, but did play 28 minutes over eight playoff games. The 29-year-old defensive stalwart will hit unrestricted free agency in a couple days assuming he clears the waiver wire.

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No QOs For Suns’ Bazley, Cavs’ Windler, Heat’s Yurtseven

June 29th, 2023 at 4:52pm CST by Luke Adams

The Suns opted not to issue a qualifying offer to forward Darius Bazley, league sources tell Michael Scotto of HoopsHype (Twitter link). As a result, Bazley will become an unrestricted free agent rather than restricted.

The decision doesn’t come as a huge surprise, since Bazley’s qualifying offer would have been worth approximately $6.2MM. While it’s not clear if Phoenix is interested in re-signing the former first-round pick, the team will hold his Bird rights and could probably re-sign him at a more team-friendly rate.

Cavaliers wing Dylan Windler also didn’t receive a qualifying offer and will become an unrestricted free agent, reports Scotto (Twitter link).

Windler was never considered likely to get a QO, which would’ve been worth just shy of $6MM. He has been limited by injuries in his first four NBA seasons and hasn’t become a rotation player in Cleveland, appearing in just 84 total games.

Heat center Omer Yurtseven is another player who was eligible for a qualifying offer but didn’t receive one, according to Tim Reynolds of The Associated Press (Twitter link).

Yurtseven’s QO is only worth a projected $2.22MM ($200K more than his minimum salary), but the Heat will be cost-conscious about how they fill out their roster, given that their team salary projects to go well beyond the luxury tax line.

The following players did receive qualifying offers and will be restricted free agents:

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Magic Exercise Option On Bitadze, Decline Two Others

June 29th, 2023 at 4:40pm CST by Alex Kirschenbaum

The Magic have exercised their team option on reserve center Goga Bitadze for the 2023/24 season, while turning down their options on veteran point guard Michael Carter-Williams and combo forward Admiral Schofield, the club has announced in a press release (Twitter link).

Bitadze’s team option is worth $2,066,585. Carter-Williams would have earned $3.1MM next year, while Schofield’s option was worth $2MM.

Bitadze, still just 23, joined the Magic midway through 2022/23 after spending his prior three-and-a-half NBA seasons with the Pacers. He carved out a role as a valuable bench option for a super-sized young Orlando club after being waived by Indiana.

Across his 17 healthy contests for Orlando, the 6’11” big man averaged 5.8 PPG, 5.2 RPG, 1.2 APG and 0.9 BPG in just 15.0 MPG.

Though Orlando finished outside of the postseason picture with a 34-48 record last year, the rebuilding team is loaded with intriguing lottery talent among its starters, including the two picks the Magic added in last week’s draft, former Arkansas guard Anthony Black and ex-Michigan swingman Jett Howard. Bitadze makes sense for the timeline of the team as a young, cost-efficient option off the bench with plenty of upside left.

Carter-Williams, the 2013/14 Rookie of the Year, returned to the Magic in February after the club waived him during the 2021/22 season, as he was recovering from a left ankle surgery. He appeared in just four games during this most recent stint with Orlando, averaging 4.3 PPG, 1.8 APG and 1.3 RPG in 11 MPG. It remains to be seen if the well-traveled 31-year-old will get another league opportunity.

The 6’5″ Schofield has spent two of his three NBA seasons thus far with the Magic. In 37 games last year, he averaged 4.2 PPG on .451/.324/.913 shooting splits.

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Pelicans Decline Options On Jones, Hernangomez; Will Make Hayes UFA

June 29th, 2023 at 4:29pm CST by Rory Maher

The Pelicans are declining their team options on Herbert Jones and Willy Hernangomez and opted against issuing a qualifying offer to Jaxson Hayes, according to reports from Shams Charania of The Athletic (via Twitter) and Christian Clark of NOLA.com (Twitter link).

Declining Jones’ $1.84MM option makes him a restricted free agent and the two sides plan to discuss a long-term contract, per Charania. The move is a little odd though, because he would have been a restricted free agent in 2024 even if the Pelicans had picked up the option.

Since he just finished his second season, New Orleans will only have Jones’ Early Bird rights, so he’ll be an Arenas provision restricted free agent, the same as Lakers guard Austin Reaves. It seems likely that the Pelicans have a good sense of what he might sign for by going this route, though they’ll be limited in what they can offer him outright.

Jones has made a major impact for the Pelicans after being selected 35th overall two years ago, averaging 9.7 PPG, 3.9 RPG, 2.3 APG and 1.6 SPG on .473/.336/.802 shooting in 144 games (135 starts, 29.8 MPG). He’s a top-tier defender, earning All-Defensive votes as a rookie.

Unlike Jones, Hernangomez and Hayes are headed for unrestricted free agency. Both centers were reserves in ’22/23, receiving situational minutes but not much more.

Hernangomez, 29, just completed his seventh season, having made previous stops with the Knicks and Hornets. He averaged 6.9 PPG and 4.7 RPG in 38 games last season (12.1 MPG) and is reportedly a positive locker room presence.

Hayes, meanwhile, has mostly disappointed after being picked eighth overall in 2019, averaging just 5.0 PPG and 2.8 RPG in 47 games (13.0 MPG) in ’22/23. He’s still only 23, is a strong athlete, and there are a dearth of big men on the market, so he could be a buy-low candidate in free agency.

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Josh Hart Picking Up Player Option With Knicks

June 29th, 2023 at 4:14pm CST by Alex Kirschenbaum

Veteran Knicks swingman Josh Hart is picking up his $12.9MM player option for the 2023/24 season and will return to New York, sources inform Shams Charania of The Athletic (Twitter link).

Per Ian Begley of SNY.tv (via Twitter), the 6’5″ small forward will now be eligible for a four-year extension worth over $80MM starting in August.

Hart has enjoyed a well-traveled journeyman career as a 3-and-D wing, having played for four clubs in his six NBA seasons. He was selected with the No. 30 pick out of Villanova in 2017, and spent his first two seasons with the Lakers as an intriguing reserve. He was included as a portion of the trade package that sent Anthony Davis to Los Angeles from the Pelicans. New Orleans then flipped him to Portland in during the 2021/22 season.

The 28-year-old was flipped to the Knicks by the Trail Blazers in 2022/23, and emerged as a critical two-way piece on a solid 47-35 Eastern Conference playoff club.

Across his 25 regular season contests with New York, Hart averaged 10.2 PPG on .586/.519/.789 shooting splits, along with 7.0 RPG, 3.6 APG, 1.4 SPG, and 0.5 BPG.

During his first-ever playoffs this spring, Hart averaged comparable numbers, though his shooting efficiency took a major hit while he exerted himself defensively against tougher competition.

He logged postseason averages of 10.4 PPG on .479/.313/.636 shooting splits, 7.4 RPG, 2.2 APG and 0.8 SPG in 11 games with New York, including five starts.

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James Harden Picking Up Option, Working With Sixers On Trade

June 29th, 2023 at 3:50pm CST by Luke Adams

Sixers star James Harden has decided to exercise his $35.6MM player option for 2023/24, but he doesn’t intend to return to Philadelphia, reports Shams Charania of The Athletic (Twitter link). According to Charania, the plan is for Harden to work together with the 76ers to find him a new home via trade.

Adrian Wojnarowski of ESPN (Twitter link) confirms that Philadelphia and Harden have begun to explore trade scenarios, adding that the expectation is that the 10-time All-Star has played his last game as a Sixer.

The news comes as a major surprise. For several months, Harden’s anticipated free agency was considered likely to be a battle between the Sixers and his former team, the Rockets.

Within the last week or two, Philadelphia had seemingly emerged as a clear frontrunner based on reporting from several outlets. However, the 33-year-old won’t actually reach free agency after all, opting into the second season of his two-year deal with the 76ers in order to make it easier to trade him.

The Clippers have expressed interest in acquiring Harden, a league source tells Kyle Neubeck of PhillyVoice.com (Twitter link). Wojnarowski (Twitter link) confirms L.A.’s interest and says the Knicks are also expected to engage in trade conversations with the Sixers.

The Clippers, armed with several movable contracts and a long-standing desire to add a backcourt play-maker, are an intriguing potential trade partner for Philadelphia. According to Jake Fischer of Yahoo Sports (Twitter link), Los Angeles – which has been gauging the trade market for Marcus Morris and Norman Powell – have also inquired about Sixers forward Tobias Harris.

The Knicks, meanwhile, also possess a handful of tradable contracts, including Evan Fournier‘s expiring $18.9MM deal, and control several extra future first-round picks.

Still, Chris Mannix of SI.com (Twitter link) cautions that the Clippers and Knicks won’t be Harden’s only suitors. Philadelphia is already casting a “wide net,” according to Mannix, who says the club will be seeking a package of players who can fit alongside reigning MVP Joel Embiid.

The Rockets could make a play for Harden via trade if they so choose, but they’ve seemingly shifted their focus to free agent point guard Fred VanVleet, and Harden is focused on a move to a contender, according to Wojnarowski.

Although Harden missed out on All-Star honors this year for the first time since 2012, he still posted strong numbers during the regular season, averaging 21.0 points, a league-leading 10.7 assists, and 6.1 rebounds per game with a .441/.385/.867 shooting line in 58 appearances (36.8 MPG). He was expected to be among the top free agents available this weekend if he had opted out.

Because Harden is on a two-year contract, he won’t be eligible to sign an extension before he reaches unrestricted free agency in 2024. If he’s moved, he’ll be playing for his fourth team in four years. He was dealt from Houston to Brooklyn in January 2021 and from Brooklyn to Philadelphia in February 2022.

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Lakers To Decline Malik Beasley’s Team Option

June 29th, 2023 at 3:31pm CST by Rory Maher

In addition to waiving Mohamed Bamba before his salary became guaranteed, the Lakers also won’t exercise their team option on Malik Beasley for 2023/24, making him an unrestricted free agent, league sources tell Dave McMenamin of ESPN (Twitter link).

However, a reunion could still be in the works. As ESPN’s Bobby Marks tweets, the Lakers will retain Beasley’s Bird rights, and McMenamin reports that the Lakers plan to keep in touch with both players, with new contracts a possibility. Los Angeles will lose Bamba’s Bird rights after waiving him.

As our team option tracker shows, Beasley’s option was worth $16,524,106. He didn’t play up to that type of contract in ’22/23, so it’s not a surprise that it will be declined, though there was some thought that it might be exercised in order to explore sign-and-trade scenarios.

A long-range shooting specialist who holds a career mark of 37.8% from deep, Beasley shot just 35.7% last season, including 35.3% with the Lakers. He was acquired from Utah at the trade deadline in the deal involving Russell Westbrook.

Overall, the 26-year-old appeared in 81 games last season, including 27 starts (25.8 MPG). The Lakers had hoped he would provide an offensive jolt, but his numbers declined with L.A. and he was a non-factor in the postseason, appearing in 11 games while shooting 26.9% from three in 8.3 MPG.

While Beasley is an extremely streaky shooter who doesn’t bring a whole lot else to the table, he did shoot 38.9% from beyond the arc in 252 games from 2018-2022. That, combined with his age, should make him a popular target in free agency.

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