Transactions Rumors | Hoops Rumors

Suns Trade David Roddy To Hawks For E.J. Liddell

July 29th, 2024 at 11:55am CST by Dana Gauruder

JULY 29: The trade is now official, according to a press release from the Suns. As we detailed in separate stories, Phoenix isn’t expected to retain Liddell into the regular season, since the team has 16 players on guaranteed contracts after signing Tyus Jones.

JULY 26: The Suns and Hawks have agreed to a minor trade, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that Phoenix is sending forward David Roddy to Atlanta in exchange for forward E.J. Liddell.

It’s a cost-saving move for Phoenix, which is above the second tax apron and cannot take in more salary than it ships out in a trade.

Liddell has a $2.1MM contract and a $2.3MM team option for 2025/26. Roddy has a $2.8MM salary and a $4.8MM team option for 2025/26. Atlanta has until October 31st to exercise its ’25/26 option on Roddy, ESPN’s Bobby Marks notes (Twitter link).

Roddy was shipped from Memphis to Phoenix in a three-team deal at last season’s trade deadline. The 23rd overall pick of the 2022 draft will be entering his third season. He started 13 of 48 games for the banged-up Grizzlies last season, averaging 8.4 points, 4.2 rebounds and 1.4 assists in 23.7 minutes per contest. He saw less action in a Suns uniform, appearing in 17 games off the bench and averaging just 3.7 minutes in those outings.

It remains to be seen how Roddy slots in to the Hawks’ plans, since they have a number of options at both forward spots. It stands to reason they value him over Liddell, since they’ll add some salary in this transaction. Indeed, Lauren Williams of the Atlanta Journal Constitution (Twitter link) reports via a source that the Hawks view Roddy as a better roster fit than Liddell.

Liddell, a 2022 second-rounder out of Ohio State, has only been under contract with Atlanta since July 6. He was thrown into the Dejounte Murray blockbuster with New Orleans for salary-matching purposesl

Liddell had his rookie season delayed by a devastating right knee injury in July 2022. Last season, he appeared in just eight games off the bench for New Orleans. He played 26 games for the Birmingham Squadron in the G League, averaging 17.6 points, 7.9 rebounds and 1.9 blocks per contest.

Tyus Jones Signs With Suns

July 29th, 2024 at 10:14am CST by Luke Adams

JULY 29: Jones’ deal with the Suns is official, according to NBA.com’s transaction log.

JULY 27: Free agent point guard Tyus Jones has agreed to sign with the Suns, agent Kevin Bradbury tells Adrian Wojnarowski of ESPN. According to Wojnarowski, Jones will sign a one-year, minimum-salary contract.

Jones confirmed his decision in a statement to ESPN, as Wojnarowski relays (via Twitter).

“The chance to play for the Phoenix Suns made the most sense on a lot of levels to me and my family – beginning with the way (Suns owner) Mat Ishbia and the front office recruited me to how coach (Mike Budenholzer) showed me how I can significantly impact a team that has a real opportunity to challenge for an NBA title as their starting point guard,” Jones said.

“My agent (Bradbury) walked me and my family through multiple free agent offers and sign-and-trade proposals at a number of different financial levels but the Suns’ opportunity is where I can best maximize my value for a return to free agency next year as well as give myself a chance to be part of what I think will be a special team and season.”

A nine-year veteran, Jones was long considered one of the NBA’s top backup point guards while playing in Minnesota and Memphis. He got the chance with the Wizards in 2023/24 to become a full-time starter and made good on that opportunity by establishing new career highs in field goal percentage (48.9%), three-point percentage (41.4%), points per game (12.0), and assists per game (7.3) while continuing to take excellent care of the ball (he has never averaged more than 1.0 turnover per game).

We ranked Jones 15th overall on our list of top 50 free agents entering the offseason, but it quickly became clear that there wouldn’t be an opportunity for him to be the starting point guard on a contending team while earning a salary in the neighborhood of the $14MM he made last year in D.C.

Jones’ statement to Wojnarowski, which mentions that he expects to start in Phoenix, suggests that he’ll at least meet two of those three criteria. While he’s accepting a major pay cut, he’s in position to play a significant role on a team that has championship aspirations.

The Suns’ three stars – Kevin Durant, Devin Booker, and Bradley Beal – are all relatively ball-dominant, but none of them are true point guards, so the team entered the offseason seeking a veteran who could organize the offense. Prior to signing Jones, Phoenix – which could only offer minimum-salary contracts while operating above the second tax apron – also added point guard Monte Morris on a one-year deal.

Jones will earn $3,003,427 on his minimum-salary contract, while the Suns will carry a cap hit of $2,087,519. John Gambadoro of Arizona Sports 98.7, who confirmed earlier today that the Suns were eyeing Jones, tweets that the 28-year-old chose Phoenix over the Hawks and Grizzlies.

The expectation is that, after trading David Roddy for E.J. Liddell, the Suns will waive Liddell in order to create room on the projected 15-man roster for Jones. As Bobby Marks of ESPN points out (via Twitter), Phoenix is saving about $727K in the Roddy/Liddell swap and would remove another $1.41MM from its cap if Liddell is waived using the stretch provision.

Those two moves would essentially cancel out the impact of Jones’ deal on the Suns’ 2024/25 cap, providing crucial savings for a team whose salary is so far over the luxury tax line.

Nuggets Sign Jahmir Young To Training Camp Deal

July 27th, 2024 at 6:55pm CST by Arthur Hill

Jahmir Young has signed a training camp contract with the Nuggets, per Keith Smith of Spotrac (Twitter link). Denver’s agreement with Young was first reported after last month’s draft.

The 23-year-old point guard earned All-Big Ten honors in each of the last two seasons at Maryland. Prior to that, he played three years at Charlotte and was named to the All-Conference USA team each season.

Young appeared in 32 games with the Terrapins as a super senior, averaging 20.4 points, 4.9 rebounds and 4.2 assists in 35.4 minutes per night. He played for Denver’s Summer League team in Las Vegas, posting 9.2 points, 3.2 rebounds and 2.8 assists in five games.

Denver also recently signed forwards Gabe McGlothan and Jaylin Williams to training camp deals.

Boogie Ellis To Sign With Kings

July 27th, 2024 at 5:54pm CST by Arthur Hill

Boogie Ellis has reached a contract agreement with the Kings and will compete for a roster spot in training camp, sources tell Shams Charania of The Athletic (Twitter link).

The 23-year-old guard played for Sacramento’s Summer League team after going undrafted out of USC last month. He averaged 11.2 PPG in five games while shooting 51.3% from the field and 54.5% from three-point range.

Ellis began his college career at Memphis in 2019 before transferring to USC two years later. He earned second-team All-Pac 12 honors last season while averaging 16.5 points, 3.5 rebounds and 3.0 assists in 29 games with the Trojans.

The Kings currently have 13 players with standard contracts, and that number will grow with the expected signing of Orlando Robinson. Sacramento’s three two-way slots are filled by Mason Jones, Isaiah Crawford and Isaac Jones.

Pacers Sign Tristen Newton To Two-Way Deal

July 27th, 2024 at 11:52am CST by Dana Gauruder

The Pacers have signed second-round pick Tristen Newton to a two-way contract, according to Scott Agness of Fieldhouse Files (Twitter link).

The floor leader for national champion UConn, Newton appeared in five Summer League games in Las Vegas, averaging 9.0 points, 4.6 assists, 3.8 rebounds and 1.2 steals in 21.6 minutes.

Newton, 23, started all 40 games for the Huskies this past season and averaged 15.1 points, 6.6 rebounds and 6.2 assists. He was taken with the 49th overall pick in the draft.

Newton was one of four UConn starters selected in the draft. He’ll provide more backcourt depth for Indiana.

Newton joins Quenton Jackson, who was re-signed this weekend, on two-way deals. That leaves Indiana with one more available two-way spot. The team still has one unsigned second-round pick (Enrique Freeman) and has a two-way qualifying offer out to Oscar Tshiebwe.

Nuggets Sign McGlothan, Williams To Camp Deals

July 27th, 2024 at 11:01am CST by Dana Gauruder

The Nuggets have added forwards Gabe McGlothan and Jaylin Williams on training camp deals, according to Spotrac contributor Keith Smith (Twitter links).

McGlothan went undrafted after playing the last four collegiate seasons at Grand Canyon. He averaged 12.8 points and 7.3 rebounds in 34 starts last season.

Denver’s intention to sign McGlothan to an Exhibit 10 deal was reported last month. McGlothan helped Grand Canyon to a victory in the NCAA Tournament and went on to win the collegiate slam dunk contest.

Not to be confused with the Thunder forward of the same name, Williams went undrafted out of Auburn. He averaged 12.4 points, 4.4 rebounds and 1.9 assists for the Tigers in 34 games last season. Denver’s intention to sign Williams was also previously reported.

An Exhibit 10 contract is a non-guaranteed minimum-salary deal that doesn’t count against a team’s cap unless the player makes the regular season roster. It can be converted to a two-way contract before the season begins or the player can earn a bonus of up to $77.5K if he’s waived and then spends at least 60 days with his team’s G League affiliate.

Pacers Re-Sign Quenton Jackson On Two-Way Deal

July 27th, 2024 at 9:20am CST by Dana Gauruder

The Pacers have re-signed Quenton Jackson to a two-way contract, according to the NBA transactions log.

Jackson was on a two-way deal last season. He became a restricted free agent after receiving a qualifying offer prior to free agency.

Jackson was part of Indiana’s Summer League team in Las Vegas, where he averaged 11.0 points, 4.2 assists and 1.8 steals in 21.2 minutes per contest.

The Texas A&M product went undrafted in 2022, then played nine games for Washington in 2022/23. He was released by the Wizards last summer. He spent a majority of the 2023/24 season with the G League’s Windy City Bulls before Indiana signed him to a two-way deal in March.

Jackson appeared in three games with the Pacers last season. He saw action in a total of 32 G League contests, averaging 18.8 points, 5.6 assists and 1.8 steals in 33.8 minutes per game.

Indiana had all three of its two-way slots open, so more moves could be forthcoming.

Nuggets Sign Russell Westbrook To Two-Year Deal

July 26th, 2024 at 10:11pm CST by Luke Adams

10:11pm: The Nuggets have officially signed Westbrook, according to a team press release.

1:05pm: The Nuggets will sign veteran point guard Russell Westbrook to a two-year contract, according to Shams Charania of The Athletic (Twitter link).

Denver has long been the expected landing spot for the former MVP, but the details of Westbrook’s new deal hadn’t been reported until now. The 35-year-old earn the minimum salary of $3,303,771 in 2024/25, with a minimum-salary player option worth $3,468,960 for ’25/26. He could become a free agent again in a year if he declines that option.

After joining the Clippers on the buyout market in February 2023, Westbrook spent his first full season with the team in ’23/24, shifting to a bench role following the November acquisition of James Harden. In 68 appearances, the nine-time All-Star averaged 11.1 points, 5.0 rebounds, and 4.5 assists in a career-low 22.5 minutes per game, with a shooting line of .454/.273/.688.

Although Westbrook exercised his $4MM+ player option for 2024/25, his camp and the Clippers quickly began working to find a new home for the former UCLA star. The Nuggets, whose star center Nikola Jokic endorsed the pursuit of Westbrook, were immediately identified as the frontrunner but weren’t in a great position to acquire the guard via trade.

Instead, Westbrook was sent to Utah as part of a deal sending Kris Dunn to the Clippers via sign-and-trade. He subsequently agreed to a buyout with the Jazz, clearing the way for him to sign with Denver as a free agent.

Westbrook is on track to serve as Jamal Murray‘s primary backup at the point and will play a significant role next season for a Nuggets team that struggled to find reliable depth outside of its starting five in the playoffs this past spring.

Trey Jemison Claimed Off Waivers By Pelicans

July 26th, 2024 at 6:20pm CST by Dana Gauruder

The Pelicans have claimed Trey Jemison off waivers, Michael Scotto of HoopsHype tweets. The Grizzlies placed the big man on waivers on Wednesday in order to make room for Jay Huff.

Jemison was on a two-way contract with Memphis. He signed a 10-day contract with the Grizzlies in January, then agreed to a two-year, two-way deal when that contract expired.

He earned regular minutes down the stretch on a Memphis roster hit hard by injuries, averaging 7.4 PPG, 5.8 RPG, and 1.2 BPG in 23 games (24.9 MPG).

With the free agent loss of Jonas Valanciunas, New Orleans has been busy this summer adding other options. The Pelicans signed free agents Daniel Theis and Karlo Matkovic and drafted Yves Missi. Jemison gives them yet another option in the middle.

Jemison, who also played two games with Washinigton last season, went undrafted out of UAB.

New Orleans has two other players —Malcolm Hill and Jamal Cain — signed to two-way deals, so Jemison will fill the third slot.

Spurs Re-Sign David Duke Jr. On Two-Way Deal

July 26th, 2024 at 3:40pm CST by Luke Adams

3:40pm: The Spurs have officially re-signed Duke to a two-way contract, the team confirmed today in a press release.

1:54pm: Free agent guard David Duke Jr. will return to San Antonio, having agreed to sign a new two-way contract with the Spurs, agents Todd Ramasar and Mike Simonetta tell Adrian Wojnarowski of ESPN (Twitter link).

Duke, 24, signed a two-way deal with the Spurs last December and spent the rest of the season on that contract. He appeared in just four games at the NBA level for San Antonio, with all of those appearances coming during the final week of the regular season.

Up until that point, Duke had been playing for the Austin Spurs in the G League. He appeared in 34 regular season contests for the NBAGL club, averaging 19.9 points, 6.7 rebounds, and 4.5 assists in 33.3 minutes per game, with a shooting line of .449/.377/.788.

The Spurs issued Duke a qualifying offer at the end of the season, and while they withdrew it to maximize their cap room, they clearly maintained interest in bringing him back. Since the 6’5″ guard spent two seasons in Brooklyn from 2021-23 to start his career, his two-way contract will only cover the 2024/25 season — he wouldn’t be eligible for a two-way deal in ’25/26 once he has four years of NBA service under his belt.

Duke will join Jamaree Bouyea as the Spurs’ two-way players for now. Second-round pick Harrison Ingram is considered the favorite to fill the third open two-way slot.