Transactions Rumors | Hoops Rumors

Spurs Trade Josh Richardson To Pelicans

February 9th, 2023 at 9:47pm CST by Dana Gauruder

9:47pm: The trade sending Richardson to New Orleans and Graham to San Antonio is now official, the Pelicans announced in a press release.

According to Andrew Lopez of ESPN (Twitter link), the 2024 second-rounder going to the Spurs will be either the Bulls’ or Pelicans’ pick (whichever is more favorable), while the 2026 second-rounder will be either the Pelicans’ or Trail Blazers’ pick (whichever is less favorable).

The 2028 and 2029 second-round picks headed to San Antonio are New Orleans’ own.

1:30pm: The Spurs and Pelicans are in agreement on a trade that will send veteran swingman Josh Richardson to New Orleans, according to Shams Charania of The Athletic (Twitter links). Sources tell Charania that San Antonio will receive guard Devonte’ Graham and four second-round picks in the deal.

The four picks are the Pelicans’ second-rounders in 2024, 2026, 2028 and 2029, Jeff McDonald of the San Antonio Express-News tweets.

Richardson has bounced around the league in recent years but he provides another versatile two-way option for a Pelicans club that has won three straight after a lengthy losing streak dropped them under the .500 mark.

Richardson has appeared in 41 games, including five starts, for San Antonio this season. He averaged 11.4 points and 3.3 assists in those contests.

The 29-year-old played for the Celtics and San Antonio last season and has also worn the uniforms of the Heat, Sixers and Mavericks during his career. He’s a career 36.5 percent 3-point shooter who has averaged 12 points in 479 NBA games.

Richardson will be an unrestricted free agent after making $12.2MM this season.

Graham is making $11.55MM this season and is signed through the 2024/25 season, though the final year is only partially guaranteed. Graham has been a regular member of New Orleans’ rotation, averaging 5.3 points and 2.2 assists in 15.3 minutes in 53 games.

New Orleans had to surrender draft capital to unload its salary commitment to Graham. San Antonio now has 23 draft picks in the next five drafts, according to McDonald’s count (Twitter link).

Wiseman To Pistons, Bey To Hawks, Payton To Warriors In Four-Team Deal

February 9th, 2023 at 9:01pm CST by Arthur Hill

9:01pm: The trade is now official, the Hawks announced in a press release. According to Atlanta’s announcement, three of the five second-round picks the team is sending out in the deal are going to Portland, while the other two are going to Golden State. Here’s the breakdown:

To the Blazers:

Either the Hawks’, Nets’, or Hornets’ 2023 second-round pick (whichever is second-most favorable).
The Hawks’ 2024 second-round pick (the Hawks previously traded this pick to Portland with top-55 protection; those protections are now removed).
The Hawks’ 2025 second-round pick (protected 41-60).
- Note: Portland will receive this pick if it’s between 31-40 and Oklahoma City will receive it if it’s between 41-60 (based on a prior trade).

To the Warriors:

The Hawks’ 2026 second-round pick.
The Hawks’ 2028 second-round pick.

The Blazers are still receiving five second-rounders in total, however. According to the Warriors’ own press release announcing the deal, they’ve sent two other second-round picks to Portland. Those picks are the Grizzlies’ 2026 second-rounder (top-42 protected) and the Warriors’ own 2028 second-rounder.

1:55pm: The trade is being expanded further, according to Wojnarowski, who reports (via Twitter) that the Warriors are sending five second-round picks and Knox to the Trail Blazers in exchange for Gary Payton II.

It’s unclear if those are the same five second-rounders Golden State is getting from the Hawks, but the Warriors are essentially trading out Wiseman and getting back Payton, who was a key rotation player on last season’s championship team.

Interestingly, the Warriors just faced the Blazers last night, getting an up-close look at the defensive stalwart, who will now rejoin Golden State. Payton signed a three-year, $26.1MM deal with Portland in the offseason, but has only appeared in 15 games in 2022/23 — he was slow to recover from abdominal surgery.

In addition to getting back a player they’re very familiar with, the Warriors will also save a good chunk of money toward the luxury tax over the next two seasons, as Payton’s cap hit is smaller than Wiseman’s.

1:34pm: Kevin Knox is headed from Detroit to Golden State in the trade for salary-matching purposes, reports Wojnarowski (via Twitter). Knox isn’t a lock to remain with the Warriors, Woj notes.

1:04pm: The Pistons will acquire James Wiseman from the Warriors in a three-team trade that will send Saddiq Bey to the Hawks, tweets ESPN’s Adrian Wojnarowski. Golden State will get five second-round picks from Atlanta in the deal, Wojnarowski adds (Twitter link).

Detroit needs to send out another $2.5MM to match salaries, so at least one more player will be involved in the deal, tweets Yossi Gozlan of HoopsHype.

According to Jake Fischer of Yahoo Sports (Twitter link), the Warriors also had Wiseman discussions with the Trail Blazers and Spurs. The Pistons and Hawks discussed a separate deal involving John Collins, but sources tell Fischer that those talks have stalled.

Reports that the Pistons and Warriors were discussing a deal involving Wiseman broke earlier this afternoon. Detroit has been interested in the 21-year-old center since the 2020 draft, and Golden State was willing to move on from a player who never lived up to expectations after being the second overall pick.

He has appeared in just 21 games this season after sitting out all of 2021/22 with injuries and has spent a significant portion of the season in the G League. The Warriors picked up Wiseman’s fourth-year option, so he will be under contract for $12.1MM next season. He will be eligible for an extension this summer, but it’s extremely unlikely that the Pistons will want to make that type of commitment.

Bey has been a productive forward for Detroit since being selected 19th overall in 2019. Through 52 games (30 starts, 28.8 MPG) in ’22/23, he’s averaging 14.8 PPG, 4.7 RPG, 1.6 APG and 1.0 SPG on .404/.345/.861 shooting.

The 23-year-old is still on his rookie contract, which is very affordable considering he’s been a regular contributor in each of his first three seasons. He’s making $2.96MM this season and will make $4.56MM in ’23/24. Like Wiseman, he will eligible for a rookie scale extension in the offseason.

Rory Maher contributed to this post.

Suns Trade Saric, Second-Rounder To Thunder For Bazley

February 9th, 2023 at 7:53pm CST by Rory Maher

7:53pm: The trade is now official, according to a press release from the Thunder. Phoenix sent its own 2029 second-round pick and cash to Oklahoma City in the deal.

1:00pm: The Suns are trading forward/center Dario Saric and a second-round pick to the Thunder in exchange for forward/center Darius Bazley, reports Shams Charania of The Athletic (via Twitter).

As John Hollinger of The Athletic tweets, the deal was possible because of a large traded player exception the Thunder created when they dealt Derrick Favors to Houston before the 2022/23 season started (Favors was subsequently waived).

Both players are impending free agents — Saric will be unrestricted and makes $9.24MM in the final year of his contract, while Bazley is earning $4.26MM and will be a restricted free agent if Phoenix gives him a qualifying offer.

Considering the Suns went all-in in their blockbuster trade to acquire superstar forward Kevin Durant, I’m a little surprised that they’re moving a second-round pick — and perhaps the better player — to save money in this deal. Saric missed all of last season while recovering from a torn ACL and he had a very slow start to ’22/23, but he has played his best basketball as of late, averaging 8.8 PPG, 5.4 RPG and 2.3 APG on .485/.438/.800 shooting over the past 15 games (seven starts, 18.5 MPG).

It’s definitely not certain that Saric is a better player than Bazley right now. Both players have been in-and-out of their teams’ rotations, but Bazley (22) is six years younger than Saric (28) and is a superior athlete and defender, while the Crotian veteran has been a better all-around offensive player to this point in their careers.

Perhaps the Suns didn’t want to bring back Saric in free agency, or they were worried about his fit with the new roster. Either way, they will save a significant amount of money toward the luxury tax and get a look at a versatile defensive player who might have some untapped upside in Bazley — his next contract should be relatively affordable, if they choose to re-sign him.

For the Thunder, they add a veteran in the frontcourt after agreeing to trade Mike Muscala to Boston, and add another second-round pick to their ever-growing draft cache. Stylistically, Saric fits well with what the Thunder like to do offensively, as he’s a good screener, passer and play-maker, while Bazley is more limited in that regard.

Hawks, Rockets Finalize Four-Player Swap

February 9th, 2023 at 7:04pm CST by Dana Gauruder

7:04pm: The trade is now official, the Rockets and Hawks formally confirmed in a pair of press releases.

1:33pm: The Hawks are trading Justin Holiday and Frank Kaminsky to the Rockets for Garrison Mathews and Bruno Fernando, ESPN’s Adrian Wojnarowski tweets.

The Rockets are also acquiring two second-round picks that the Thunder owed the Hawks in 2024 and 2025, Kelly Iko of The Athletic tweets.

The trade provides some salary cap relief for Atlanta. Holiday is making approximately $6.3MM and Kaminsky is on a veteran’s minimum deal (approximately $2.46MM). Fernando ($2.7MM) and Mathews ($2MM) have non-guaranteed contracts for next season, Bobby Marks of ESPN tweets. There’s also a team option on Matthews’ contract for 2024/25.

None of the players in the deal were playing significant minutes. Holiday has played in 28 game this season, averaging 4.5 points in 14.7 minutes. Kaminsky has seen spot duty in 26 games.

Fernando has played 30 games (four starts) this season, averaging 4.0 points and 3.7 rebounds in 11.7 minutes. Mathews has appeared in 45 games off the bench this season, averaging 4.8 points in 13.4 minutes.

The 34th overall pick in 2019, Fernando spent his first two seasons in Atlanta, so the Hawks are familiar with him as a person and player.

Kevin Durant Trade Officially Completed As Four-Team Deal

February 9th, 2023 at 5:51pm CST by Luke Adams

Kevin Durant has officially been traded from Brooklyn to Phoenix, according to press releases from the Suns and Nets.

The blockbuster trade has been combined with the three-team trade agreement involving the Bucks, Nets, and Pacers that sends Jae Crowder to Milwaukee, turning the two deals into a single four-team transaction.

It breaks down as follows:

Suns acquire Durant and T.J. Warren.
Nets acquire Mikal Bridges, Cameron Johnson, the Suns’ 2023 first-round pick (unprotected), the Suns’ 2025 first-round pick (unprotected), the Suns’ 2027 first-round pick (unprotected), the Suns’ 2029 first-round pick (unprotected), the right to swap first-round picks with the Suns in 2028, the Bucks’ 2028 second-round pick, the Bucks’ 2029 second-round pick, and the draft rights to Juan Pablo Vaulet (from Pacers).
Bucks acquire Crowder.
Pacers acquire Jordan Nwora, George Hill, Serge Ibaka, either the Bucks’ 2023 second-round pick or the least favorable of the Cavaliers’ and Warriors’ 2023 second-round picks (whichever is most favorable), the Bucks’ 2024 second-round pick, their own 2025 second-round pick (from Bucks; it was traded away in a prior deal), and cash (from Nets).

“Today is a transformative day for this organization,” new Suns owner Mat Ishbia said in a statement. “We are thrilled to welcome Kevin and T.J. to the Valley as we build a championship culture both on and off the court.

“Not only is Kevin one of the greatest and most accomplished players in the history of the sport, but his character also embodies the world class commitment to excellence we are instilling across every facet of this organization. T.J. is a natural leader whose work ethic and commitment to getting better every day make him an important addition to the team as he returns to the Valley. Phoenix will be one of the best organizations in all of sports and we are so excited to start our journey with this incredibly dynamic team.”

Nets general manager Sean Marks offered a statement of his own in Brooklyn’s press release:

“After thorough evaluation of the best path forward, we believe making this trade now positions the franchise for long-term success. Mikal and Cam are elite, ascending, versatile wings, plus the draft capital provides us additional avenues to continue to acquire talent. We remain steadfast in our commitment to building the team Brooklyn deserves. We are excited to welcome Mikal, Cam and their families to Brooklyn and thank Kevin for the moments and memories he delivered our fanbase.”

As expected, the Pacers waived Goga Bitadze and Terry Taylor to accommodate their new additions. The team also waived veteran forward James Johnson, per a press release. All three players will become unrestricted free agents if they clear waivers this weekend. Indiana will also cut Ibaka, as we previously relayed.

Because they no longer have to take on Crowder’s salary, the Nets will create a trade exception worth $18MM+ for Durant instead of $8MM, notes Yossi Gozlan of HoopsHype (Twitter link).

For more details on the trade, be sure to read our previous stories breaking down the Durant and Crowder trades.

Lakers, Nuggets, Magic, Clippers Roll Three Trade Agreements Into Single Deal

February 9th, 2023 at 5:35pm CST by Luke Adams

5:35pm: The four-team trade is now official, according to a press release from the Magic.

4:46pm: The Lakers, Nuggets, Magic, and Clippers will combine three separately reported trade agreements into a single four-team trade, according to Khobi Price of The Orlando Sentinel (Twitter links).

As Price explains, the Patrick Beverley/Mohamed Bamba swap between the Lakers and Magic, the deal sending Bones Hyland from the Nuggets to the Clippers, and the Nuggets’ acquisition of Thomas Bryant from the Lakers are the trades affected. The new-look deal is as follows:

Lakers to acquire Bamba, Davon Reed, the Clippers’ 2024 second-round pick, and the Clippers’ 2025 second-round pick.
Magic to acquire Beverley, the Nuggets’ 2024 second-round pick, and cash.
Clippers to acquire Hyland.
Nuggets to acquire Bryant.

The original terms of the trades called for the Clippers to send their 2024 and 2025 second-round picks to Denver for Hyland, with the Nuggets sending their own 2025, 2026, and 2029 second-rounders to the Lakers for Bryant and the Lakers sending an unspecified second-round pick to the Magic in the Beverley/Bamba swap.

Under the new terms of the deal, the two Clippers picks will be rerouted from the Nuggets (for Hyland) to the Lakers (for Bryant). Denver will keep its 2025, 2028, and 2029 second-rounders. The third pick the Nuggets are sending out for Bryant is now Denver’s 2024 second-rounder — it will be flipped from the Lakers to the Magic for Bamba.

The Magic won’t require Beverley to report to the team, according to Price, which is a strong signal they intend to buy him out or simply waive him.

Trail Blazers To Waive Greg Brown III

February 9th, 2023 at 4:48pm CST by Rory Maher

The Trail Blazers intend to waive Greg Brown III, a source tells Chris Haynes of Bleacher Report (Twitter link).

Portland was very active ahead of the trade deadline, and while the team had an open roster spot, it is acquiring three players for one as part of the Josh Hart deal, so Brown will be the odd man out.

Still just 21 years old, Brown was the 43rd overall pick in 2021 after spending one college season at Texas. The raw, athletic forward has only made 16 appearances for a total of 93 minutes in 2022/23.

Brown was a highly touted prospect entering college, but hasn’t found much success in the pros in his first two seasons. He holds career averages of 4.0 PPG and 2.4 RPG on .422/.294/.636 shooting in 64 games (11.5 MPG).

Brown will receive his full $1.54MM salary for ’22/23, but his deal was non-guaranteed next season, so waiving him will only affect Portland’s cap for this season.

Boban Marjanovic To Be Waived, Re-Signed By Rockets

February 9th, 2023 at 4:38pm CST by Rory Maher

The Rockets intend to waive and then re-sign Boban Marjanovic, according to Jonathan Feigen of The Houston Chronicle (subscriber link).

Houston is receiving two players as part of the Eric Gordon trade and needs to release one from its current roster to finalize the deal, and Marjanovic will temporarily be the odd man out, Feigen writes.

However, assuming he goes through the waiver wire without getting claimed (which is a formality, as he makes $3.5MM and seldom plays), the Rockets will re-sign Marjanovic to a minimum-salary contract and retain his Bird rights, a person with knowledge of the situation tells Feigen.

The 34-year-old backup center will earn an additional $1MM this season as part of the moves, Feigen adds. Marjanovic has only appeared in 17 games for a total of 72 minutes this season, but he’s held in high regard as a locker room presence.

Bucks Acquire Jae Crowder In Three-Team Deal

February 9th, 2023 at 4:24pm CST by Rory Maher

[UPDATE: This trade was folded into the Durant blockbuster and turned into a four-team deal. It’s now official.]

4:24pm: Eric Nehm of The Athletic has the details on the second-round picks the Bucks are trading in the three-team deal. They are as follows:

To the Pacers:

Either the Bucks’ own 2023 second-round pick or the least favorable of the Cavaliers’ and Warriors’ 2023 second-round pick.
- Note: If the season ended today, the Bucks would get the Cavaliers’ second-round pick (which is less favorable than the Warriors’ pick) and then would send the Cavs’ pick to Indiana, since it’s more favorable than Milwaukee’s second-rounder.
The Bucks’ own 2024 second-round pick.
The Pacers’ 2025 second-round pick (which was traded to Milwaukee in a prior deal).

To the Nets:

The Bucks’ 2028 second-round pick.
The Bucks’ 2029 second-round pick.

As we relayed in a separate story, Terry Taylor is also being waived by the Pacers to help accommodate the incoming players.

11:05am: Veteran forward Jae Crowder is being traded to the Bucks, according to Shams Charania of The Athletic (Twitter link), who reports that the Nets have agreed to a trade that will send Crowder to Milwaukee, with the Bucks giving up a total of five second-round picks.

Sources tell Charania (via Twitter) that it will be a three-team trade, with Bucks forward Jordan Nwora and two second-round picks (via the Bucks) heading to the Pacers. Indiana is waiving reserve center Goga Bitadze to make room for Nwora, Charania adds (Twitter link).

In addition, the Pacers will receive guard George Hill, an Indianapolis native who had a previous five-year stint with Indiana, and a third second-round pick, ESPN’s Adrian Wojnarowski reports (via Twitter). Center Serge Ibaka will also be heading to the Pacers, per Charania (Twitter link). Both players were previously on the Bucks.

Here’s the deal as we know it so far, with bits and pieces coming in over time:

Bucks receive Crowder ($10.18MM)
Nets receive two second-round picks via Milwaukee (not confirmed), save a ton of money toward the luxury tax
Pacers receive Nwora ($3MM), Hill ($4MM), Ibaka ($2.9MM salary, $1.8MM cap hit) and three second-rounders (not confirmed) via Milwaukee; will waive Bitadze.

The Pacers are one of only two NBA teams with cap space available — the Spurs are the other — so they can take on money without having to worry about matching salaries. As the deal stands, Indiana will have to waive two more players and its cap space is down to $1.9MM, tweets Yossi Gozlan of HoopsHype. Only Nwora is under contract beyond this season — Hill and Ibaka are on expiring deals.

Crowder, 32, has sat out the entire 2022/23 season while awaiting a trade. He was sent to the Nets as part of the blockbuster trade that will send Kevin Durant to Phoenix, and now will be rerouted to Milwaukee.

The Bucks had been linked to Crowder for months in trade rumors — they were recently granted permission to speak with him, and now they are finally acquiring him.

In 67 games (28.1 MPG) with Phoenix in ’21/22, Crowder averaged 9.3 PPG, 5.3 RPG, 1.9 APG and 1.4 SPG on .399/.348/.789 shooting. He makes $10.18MM in the final year of his contract.

According to John Gambadoro of Arizona Sports 98.7 FM (Twitter link), Suns head coach Monty Williams spoke to Crowder over the summer to inform him that Cameron Johnson (who was also sent to the Nets in the Durant deal) would be the starting power forward in ’22/23.

Crowder responded by saying he would prefer a contract extension or a trade. Evidently Williams found the 3-and-D specialist “too difficult to manage” and preferred to have him away from the team, per Gambadoro.

Bitadze is earning $4.77MM in the final season of his rookie scale contract. The former 18th overall pick has only appeared in 21 games for an average of 9.6 minutes per contest this season. He will become an unrestricted free agent if he clears waivers.

Nwora, meanwhile, was the 45th overall pick of the 2020 draft. He re-signed with the Bucks on a two-year, $6.2MM contract in the offseason, but hasn’t played much, appearing in 38 games with averages of 6.0 PPG and 3.1 RPG in 15.7 MPG.

The 24-year-old has some offensive upside — he has converted 37.6% of his career three-pointers, including 39.2% this season. However, he’s a subpar defender and obviously wasn’t in the Bucks’ long-term plans. The Pacers will be taking a flyer on him in addition to adding a trio of second-rounders.

Ibaka seems likely to be bought out or waived by the Pacers and headed elsewhere as a free agent. Hill is less certain — as previously mentioned, he likely he has fans in the organization due to his previous run with the team.

Spurs Release Dewayne Dedmon

February 9th, 2023 at 4:17pm CST by Alex Kirschenbaum

4:20pm: The Spurs have officially waived Dedmon, according to a press release from the team.

4:17pm: Veteran journeyman center Dewayne Dedmon will be waived by the Spurs just days after San Antonio acquired him via trade, per Shams Charania of The Athletic (Twitter link).

The Heat flipped a 2028 second-round draft pick to the Spurs to get off of Dedmon’s money earlier this week, while the Spurs sent Miami back $110K.

The 33-year-old seven-footer was in the midst of his third season with the Heat after inking a two-year, $9MM free agent deal to return in 2022. He had been squeezed out of the rotation by the emergence of two-way big Orlando Robinson in recent weeks. A minutes-related squabble on the bench prompted Miami to take the extreme step of suspending Dedmon for a game.

Provided Dedmon clears waivers, he will become an unrestricted free agent, and be free to latch on with any team besides the Heat.

Across his 30 games behind All-Star Heat center Bam Adebayo this season, Dedmon averaged 5.7 PPG and 3.6 RPG, while posting shooting splits of .496/.297/.727.