Transactions Rumors | Hoops Rumors

Magic Waive Bol Bol

July 4th, 2023 at 3:55pm CST by Luke Adams

The Magic have waived forward/center Bol Bol, the team announced today in a press release (Twitter link).

Bol had been on an expiring contract, with a non-guaranteed $2.2MM salary for 2023/24. That money was originally on track to become guaranteed if the big man remained on the roster through June 30, but he and the team agreed to push back the deadline.

The new guarantee date was Tuesday, tweets ESPN’s Bobby Marks, so Orlando decided to cut Bol before locking in his $2.2MM for the coming season.

Bol’s unique skill for his slender 7’2″ frame – including an ability to handle the ball – has long intrigued teams and fans, but he was limited to 53 games in Denver during his first three NBA seasons due to injuries. He enjoyed his best NBA season in 2022/23, staying on the floor for 70 games and averaging 9.1 points, 5.8 rebounds, and 1.2 blocks in 21.5 minutes per night.

While Bol’s overall numbers were solid, it was a tale of two seasons for the former second-round pick. He put up 11.9 PPG, 6.8 RPG, and 1.6 BPG with an impressive .584/.361/.740 shooting line in his first 41 appearances. In his final 29 games, he scored double-digit points just three times and had averages of 5.1 PPG, 4.3 RPG, and 0.7 BPG on .447/.098/.806 shooting.

It sounds like the Magic determined after the season that Bol wasn’t part of their plans going forward. According to Jake Fischer of Yahoo Sports (Twitter link), Orlando was exploring trading him around the time of the draft. The Suns and Mavericks were two teams mentioned as possible landing spots, though it’s not clear if either would still have interest, Fischer says.

A team would require $2.2MM in cap room or a trade exception that could cover that amount in order to place a waiver claim on Bol. If he’s not claimed, he’ll become an unrestricted free agent on Thursday.

The roster move gets Orlando down to 15 players on standard contracts for 2023/24.

Trail Blazers Sign No. 43 Pick Rayan Rupert

July 4th, 2023 at 1:45pm CST by Luke Adams

The Trail Blazers have officially signed second-round pick Rayan Rupert to his first NBA contract, the team announced today in a press release.

Rupert, who just turned 19 in May, played for the New Zealand Breakers last season as part of the Next Stars program in Australia’s National Basketball League. A broken wrist limited him to 20 regular season games, in which he averaged 6.6 PPG and 2.5 RPG on 36.4% shooting.

Although Rupert’s numbers for the Breakers weren’t great, NBA teams were intrigued by his size – 6’7″ with a 7’3″ wingspan – as well as his maturity and his unselfish playing style, as Jonathan Givony of ESPN wrote when the French teenager declared for the draft. He has also flashed some potential as a three-point shooter, making 10-of-16 attempts during the NBL Blitz preseason tournament in September.

International prospects drafted in the second round frequently end up being stashed overseas for at least a year or two, but that clearly wasn’t the plan for Rupert — the No. 43 overall pick immediately received an NBA contract and will be in Portland in 2023/24.

The Blazers’ announcement doesn’t include any further details on Rupert’s deal, but there’s no indication it’s a two-way contract, so the team likely gave him three or four years using the NBA’s new second-round pick exception.

Cavs Sign Isaiah Mobley, Craig Porter To Two-Way Deals

July 4th, 2023 at 8:56am CST by Luke Adams

The Cavaliers have filled two of their three two-way slots for the 2023/24 season by signing forward Isaiah Mobley and guard Craig Porter to two-way contracts, per NBA.com’s official transaction log.

Neither move comes as a surprise. Mobley was on a two-way deal last season and received a two-way qualifying offer last week that made him a restricted free agent. As for Porter, his agreement with Cleveland was reported shortly after he went undrafted on June 22.

Mobley, the older brother of rising Cavs star Evan Mobley, appeared in just 12 games and logged 84 total minutes at the NBA level last season after being drafted 49th overall out of USC. He played a much bigger role for the Cleveland Charge, the Cavs’ G League affiliate, averaging 21.0 points, 8.6 rebounds, and 4.0 assists with a .517/.353/.730 shooting line in 33.2 minutes per game across 22 regular season contests.

Porter, who went undrafted out of Wichita State, was a fifth-year senior who played three seasons with the Shockers after transferring from Vincennes. He had by far his best year in 2022/23, averaging 13.5 points, 6.2 rebounds and 4.9 assists in 31 games (33.6 MPG) and earning third-team All-AAC honors.

The Cavs have one open two-way slot left and it’s not yet clear who will fill it. Last season’s other two-way player, Mamadi Diakite, didn’t receive a qualifying offer, so No. 49 pick Emoni Bates looks like the leading candidate, unless he earns a spot on the standard 15-man roster.

Suns Sign Second-Rounder Toumani Camara

July 3rd, 2023 at 9:30pm CST by Dana Gauruder

9:30pm: Camara signed a four-year contract that features a fully guaranteed first-year salary, reports Michael Scotto of HoopsHype (Twitter link). In past years, the Suns wouldn’t have had the ability to sign Camara for four years, but they used the NBA’s new cap exception for second-round picks to complete the signing.

8:30pm: The Suns have signed second-round pick Toumani Camara, the team’s PR department tweets.

Terms of the contract have yet to be revealed.

The 6’8” forward out of Dayton was selected with the No. 52 pick of the draft. Camara played two seasons with the Flyers after a two-year stint at Georgia. Last season, he averaged 13.9 points, 8.6 rebounds, 1.7 assists and 1.2 steals. In 125 career games, Camara posted averages 11.0 points, 6.9 rebounds and 1.4 assists.

Phoenix now has 16 players on the roster, counting their free agent agreements, Gerald Bourguet of PHNX Sports tweets. Ish Wainright (non-guaranteed until January), Jordan Goodwin (partially guaranteed) or Isaiah Todd (guaranteed) could eventually be the odd man out.

Grizzlies Sign Derrick Rose To Two-Year Deal

July 3rd, 2023 at 9:23pm CST by Luke Adams

JULY 3: Rose’s two-year, minimum-salary deal is official. The Grizzlies put out a press release announcing the signing.

JUNE 30: Free agent point guard Derrick Rose intends to sign a multiyear contract with the Grizzlies, sources tell Ian Begley of SNY.tv (Twitter link).

According to Adrian Wojnarowski of ESPN (Twitter link), it will be a two-year deal for the former MVP. Shams Charania of The Athletic has more details, tweeting that it’ll be a fully guaranteed minimum-salary contract.

A former Memphis Tigers star before he entered the NBA, Rose has battled injuries over the last several seasons and fell out of the Knicks’ rotation this past season even when he was healthy. In 27 total appearance for New York in 2022/23, he averaged a career-worst 5.6 points per game on .384/.302/.917 shooting.

Still, Rose put up solid numbers during the two prior seasons (13.8 PPG, 4.1 APG, .462/.394/.886 shooting in 76 games), and the Grizzlies seem to believe the 34-year-old still has something left in the tank.

According to Wojnarowski, Memphis envisions Rose as a player who can contribute on the floor and be a leader in the locker room. He and recently acquired guard Marcus Smart will give a new look to a Grizzlies backcourt that no longer features Tyus Jones and will be without star point guard Ja Morant for the first 25 games of the season.

The Grizzlies already have 14 players on guaranteed salaries for 2023/24 even before adding Rose, but that doesn’t necessarily mean they have to complete the signing and call it an offseason. The team still has flexibility to make trades or to use the mid-level exception.

Hawks Sign First-Round Pick Kobe Bufkin

July 3rd, 2023 at 8:00pm CST by Dana Gauruder

The Hawks have signed first-round pick Kobe Bufkin to a rookie scale contract, according to a team press release.

As the 15th overall pick, Bufkin will make $4,094,280 in his rookie season. His four-year contract is worth $19,801,203.

Bufkin appeared in 61 games (33 starts) throughout his two-year career at Michigan, averaging 9.0 points, 3.0 rebounds, and 1.7 assists in 23.3 minutes. The 6-4 guard started 33 games last season, averaging 14.0 points, 4.5 rebounds, 2.9 assists, and 1.3 steals in 34.0 minutes.

Bufkin moved up the draft board due to his offensive skills and he’ll compete for backcourt minutes behind starters Trae Young and Dejounte Murray.

The salary figures represent 120% of the rookie scale amount, which first-rounders typically sign. Rookie scale contracts are guaranteed for the first two years, with team options on the third and fourth years.

Hawks Sign Rookie Mouhamed Gueye To Four-Year Deal

July 3rd, 2023 at 7:18pm CST by Dana Gauruder

The Hawks have officially signed second-round draft pick Mouhamed Gueye, the team’s PR department tweets. Gueye agreed to a four-year, $7.64MM deal, Michael Scotto of HoopsHype tweets

Gueye was the 39th overall pick, which the Hawks acquired in a draft-night trade with the Celtics. The Hawks sent their 2027 second-round pick to Boston in exchange for the rights to Gueye. The No. 39 pick was originally held by Charlotte.

A 6’11” power forward out of Washington State, Gueye was an All-Pac-12 First Team selection during his second and final NCAA season. Across 33 contests in 2022/23, he averaged 14.3 PPG, 8.4 RPG, 1.9 APG, 0.8 SPG and 0.8 BPG for the Cougars.

Gueye is a developmental player. He led the Pac-12 in double-doubles, even though he’s played the sport for just three-and-a-half years. He grew up as a soccer player, Scotto notes.

Though terms of the four-year deal weren’t disclosed, it won’t be fully guaranteed. As Lauren L. Williams of The Atlanta Journal-Constitution confirms (Twitter link), the Hawks completed the signing using the new cap exception for second-round picks, which requires that the final season be a team option. The guarantee details on the first three years aren’t yet known.

Clippers Sign First-Rounder Kobe Brown

July 3rd, 2023 at 6:30pm CST by Dana Gauruder

The Clippers have signed late first-round pick Kobe Brown, according to the team’s PR department.

The 6’7” forward played four seasons at Missouri. He averaged 15.8 points, 6.4 rebounds, 2.5 assists and 1.5 steals last season for the Tigers.

As the last first-round selection in last month’s draft at No. 30 overall, Brown will make $2,413,320 in his rookie season. His four-year rookie scale contract will total $12,394,178.

The salary figures represent 120% of the rookie scale amounts for 2023’s first-round picks. Rookie scale contracts are guaranteed for the first two years, with team options on the third and fourth years.

The 23-year-old Brown has much more experience than a typical rookie and the Clippers could look to get him some meaningful minutes early in his career.

Malik Beasley To Sign One-Year Contract With Bucks

July 3rd, 2023 at 6:07pm CST by Dana Gauruder

Free agent guard Malik Beasley is signing a one-year contract with the Bucks, Shams Charania of The Athletic tweets.

A seven-year veteran, Beasley is signing for the veteran’s minimum of $2,709,849, ESPN’s Adrian Wojnarowski tweets. Milwaukee will carry a cap hit of $2,019,706.

Beasley entered the free agent market when the Lakers declined their $16.5MM option on his contract for next season. Beasley had multiple suitors who were seeking a low-cost perimeter option and the Bucks’ interest in him had previously been reported.

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). He was a non-factor in the postseason, appearing in 11 games while shooting 26.9% from long distance in 8.3 MPG.

If he regains his previous form, Beasley could play major minutes as the backup shooting guard behind Grayson Allen. Beasley was a 2016 first-round pick for Denver and spent three-and-a-half seasons there before a two-and-a-half-year stint with Minnesota. He’s averaged 10.8 points in 21.9 minutes through 417 regular-season games.

Warriors Sign First-Round Pick Brandin Podziemski

July 3rd, 2023 at 6:00pm CST by Dana Gauruder

The Warriors have signed first-round draft pick Brandin Podziemski to a rookie scale contract, the team’s PR department tweets.

The No. 19 selection in last month’s draft, Podziemski started 32 games for Santa Clara this past season and averaged 19.9 points, 8.8 rebounds, 3.7 assists and 1.8 steals in 36 minutes per game. He was named West Coast Conference Co-Player of the Year after transferring from Illinois.

Assuming he received 120% of the rookie scale amount — which virtually every first-rounder does — he will make $3,352,440 in his first season. The total value of Podziemski’s four-year contract will be $16,239,818.

Rookie scale contracts are guaranteed for the first two years, with team options on the third and fourth years. The 6’5” Podziemski, 20, figures to spent most of his rookie campaign in the G League.