Transactions Rumors | Hoops Rumors

Raptors Waive Justin Champagnie

December 29th, 2022 at 11:00pm CST by Alex Kirschenbaum

Raptors small forward Justin Champagnie has been waived by the team, per Blake Murphy of Sportsnet.ca (Twitter link). The club officially confirmed the move in a press release.

An injury after training camp seemed to kill Champagnie’s chances of making the club’s rotation, Murphy observes. He appeared in just three games for Toronto this year.

Champagnie’s contract was only partially guaranteed for $825K. Toronto would have owed the 6’6″ swingman the entirety of his $1,637,966 contract for 2022/23 if he had remained on the roster beyond January 1, tweets Bobby Marks of ESPN.

Murphy believes Champagnie has a good chance to join another club on a two-way deal at some point this season. Since making his NBA debut in October 2021, the former Pitt standout has appeared in 39 games for Toronto, averaging 2.2 PPG and 1.9 RPG across just 7.5 MPG.

With Champagnie coming off their books, the Raptors now have an available spot on their 15-man standard roster. Murphy adds that, thanks to that opening, Toronto will have more flexibility when discussing trades and will be in better position to consider 10-day signings. As we outlined earlier this week, teams can begin signing players to 10-day contracts as of January 5.

Pistons Waive Braxton Key, Sign Jared Rhoden To Two-Way Deal

December 27th, 2022 at 6:38am CST by Rory Maher

DECEMBER 27: The Pistons officially waived Key and signed Rhoden on Monday, per NBA.com’s transaction log.

DECEMBER 26: The Pistons are waiving two-way forward Braxton Key and signing guard/forward Jared Rhoden to fill their open two-way spot, reports Shams Charania of The Athletic (via Twitter).

Rhoden, 23, went undrafted over the summer after four years with Seton Hall. He played for Sacramento’s Summer League team and then signed an Exhibit 10 deal with the Trail Blazers, but Portland doesn’t have a G League affiliate and he was waived before the season started.

The College Park Skyhawks (Atlanta’s affiliate) secured Rhoden’s G League rights in the NBA G League draft in October. In 16 games (25.3 minutes) with the Skyhawks, he put up 13.9 points and 6.4 rebounds on .547/.514/.821 shooting.

Rhoden is the second Skyhawk who will be promoted to a two-way deal today, joining A.J. Lawson, who is reportedly signing with the Mavericks.

Key, 25, spent most of last season in the G League with Philadelphia’s affiliate, the Delaware Blue Coats, earning a spot on the NBAGL All-Defensive Team. He signed a 10-day hardship deal with the Sixers and appeared in a couple games, then caught on with the Pistons at the end of 2021/22, first on a 10-day contract, then a two-way deal, averaging 8.6 points, 5.3 rebounds, 1.0 steal and 1.2 blocks in nine games (21.2 minutes).

The 6’8″ forward has rarely seen the court for the Pistons this season, making just three appearances for nine total minutes. He has spent most of ’22/23 with their G League affiliate, the Motor City Cruise, averaging 17.0 points, 7.9 rebounds, 3.2 assists, 1.5 steals and 1.1 blocks on .441/.256/.615 shooting in 13 games (31.3 minutes).

Sixers Waive Saben Lee, Sign Louis King To Two-Way Deal

December 26th, 2022 at 4:30pm CST by Rory Maher

4:30pm: King’s two-way deal and Lee’s release are now official, the Sixers announced in an email.

3:28pm: The Sixers are signing forward Louis King to a two-way contract, his agent George Langberg tells ESPN’s Adrian Wojnarowski (Twitter link).

Both of Philadelphia’s two-way spots are currently occupied, so the team will be waiving guard Saben Lee to make room for King, per Michael Scotto of HoopsHype (via Twitter).

King spent one college season at Oregon before going undrafted in 2019. He has three years of NBA experience with the Pistons and Kings, all on two-way contracts. Sacramento waived him in February, making him a free agent.

In 26 career games (9.7 MPG), King holds averages of 4.2 PPG and 1.5 RPG on .392/.327/.684 shooting. Houston’s G League affiliate, the Rio Grande Valley Vipers, acquired hiss returning player rights at the end of September and he’s been playing for them in 2022/23. In 18 games with the Vipers, the 23-year-old averaged 19.9 PPG, 4.4 RPG, 3.6 APG, 1.4 SPG and 0.9 BPG on .451/.314/.778 shooting.

The 38th pick of the 2020 draft out of Vanderbilt, Lee spent his first two seasons with the Pistons, averaging 5.6 PPG, 2.2 RPG, 3.3 APG and 0.8 SPG on .434/.265/.731 shooting in 85 games (16.3 MPG). He was sent to Utah as part of the Bojan Bogdanovic trade in the offseason and was subsequently waived by the Jazz, despite having a guaranteed $1.84MM salary.

The 23-year-old signed contracts with Phoenix and Toronto in the preseason, but he was cut shortly after each deal was completed. Lee signed a two-way deal with the Sixers on November 23, though he hasn’t made an impact at the NBA level, appearing in just two games for 10 total minutes. However, he has put up big numbers in the G League this season, averaging a combined 23.3 PPG, 4.7 RPG, 6.4 APG and 1.5 SPG on .531/.308/.753 shooting splits with the Raptors 905 and the Delaware Blue Coats (Philadelphia’s affiliate).

Mavs Waive Tyler Dorsey, Sign A.J. Lawson To Two-Way Deal

December 26th, 2022 at 3:35pm CST by Rory Maher

3:35pm: The moves are now official, the Mavericks announced (via Twitter).

12:25pm: The Mavericks are waiving Tyler Dorsey, who is on a two-way contract, and plan to sign A.J. Lawson to fill the open two-way spot, sources tell Shams Charania of The Athletic (Twitter link).

Lawson, a 6’6″ wing, went undrafted out of South Carolina in 2021. He signed a training camp deal with the Hawks last fall, but was waived before the season started and spent his first year as a pro with the College Park Skyhawks, Atlanta’s G League affiliate.

The 22-year-old has had a busy 2022. He attended a free agent mini-camp with the Mavs over the summer and then played for their Summer League squad. At the end of July, the Wolves signed him to a two-way deal, waived him before the season started, and then re-signed him to another two-way contract in mid-November.

However, he was waived again on December 6 to make room for Matt Ryan, and thus became a free agent. Lawson has only made one NBA appearance (for two minutes), so he’s technically still a rookie, but he has been a G League fixture over the past two seasons and obviously the Mavs liked what they saw from him during Summer League action as well.

Dorsey, the 41st pick of the 2017 draft, played 104 games over two seasons with the Hawks and Grizzlies from 2017-19. The former Oregon star averaged 6.7 points and 2.3 rebounds before heading overseas in 2019.

The 6’5″ shooting guard had strong showings for Israel’s Maccabi Tel Aviv and Greece’s Olympiacos before returning stateside over the summer and inking his two-way deal with the Mavs. He only appeared in three NBA games for Dallas, but he put up big numbers for the Texas Legends, the Mavs’ G League affiliate, averaging 24.4 PPG, 4.9 RPG and 2.2 APG on .466/.467/.842 shooting.

According to Aris Barkas of Eurohoops (Twitter link), Dorsey is expected to draw significant interest from EuroLeague clubs, including Olympiacos, once he becomes a free agent in a couple days.

Bulls Waive Kostas Antetokounmpo, Sign Carlik Jones To Two-Way Deal

December 16th, 2022 at 4:19pm CST by Rory Maher

The Bulls have waived forward Kostas Antetokounmpo, who was on a two-way deal, and signed guard Carlik Jones to fill their two-way opening, the team announced (via Twitter).

Jones, who turns 25 next week, was a rookie last season after going undrafted out of Louisville. He appeared in five NBA games in 2021/22 on 10-day hardship deals with the Mavericks and Nuggets, but spent most of his rookie year playing with the Texas Legends, the Mavs’ G League affiliate.

Jones played for the Bulls’ Summer League team in 2022 and was later signed to an Exhibit 10 deal, but was waived before the season started. He has spent all of this season with Chicago’s G League affiliate, the Windy City Bulls, averaging 20.9 PPG, 5.3 RPG, 7.6 APG and 1.2 SPG on .529/.431/.667 shooting through 14 games (34.4 MPG).

The second-year guard was on our list of five G League players making bids for NBA call-ups due to their strong performances, and now that has come to fruition.

Although he has appeared in NBA games in three separate seasons (from 2018-21), Antetokounmpo has never played a regular rotation role during previous stops with the Mavericks and Lakers. The 25-year-old has logged just 87 total minutes in 22 games, putting up 21 points and 23 rebounds during his limited action.

Antetokounmpo, who spent last season with French club ASVEL, originally signed an Exhibit 10 contract with the Bulls this fall, but had it converted to a two-way deal before the season started. He didn’t appear in any NBA games, but played in 12 games (28.9 MPG) for Windy City, averaging 11.7 PPG, 6.3 RPG, 1.2 SPG and 1.3 BPG on .670/.200/.500 shooting.

According to a report from Eurohoops.net, at least three EuroLeague teams are interested in Antetokounmpo’s services, including Greece’s Panathinaikos, Turkey’s Fenerbahce, and Israel’s Maccabi Tel Aviv. Antetokounmpo is the younger brother of two-time MVP Giannis Antetokounmpo.

Spurs Sign Stanley Johnson, Waive Alize Johnson

December 13th, 2022 at 11:04am CST by Luke Adams

3:07pm: The Spurs have officially signed Stanley Johnson, the team announced in a press release.

11:04am: The Spurs have waived big man Alize Johnson, who was on a non-guaranteed contract, the team announced today in a press release.

Johnson initially signed with San Antonio two weeks ago when the club was seeking frontcourt depth following injuries to forward Jeremy Sochan and center Jakob Poeltl. During his brief tenure in San Antonio, he logged 30 minutes across four games, scoring seven points and grabbing 10 rebounds.

Poeltl, who has a bone bruise in his knee, isn’t taking contact yet, so he’s probably still a ways off from playing, tweets Jeff McDonald of The San Antonio Express-News. However, as Tom Orsborn of The San Antonio Express-News notes (via Twitter), Sochan returned to action on Monday, reducing the need for Johnson, who hadn’t appeared in the Spurs’ last two games.

With their newly opened 15th roster spot, the Spurs intend to sign free agent swingman Stanley Johnson to a one-year contract, sources tell Shams Charania of The Athletic (Twitter link).

The eighth overall pick in the 2015 draft, Stanley Johnson recently signed a G League contract and joined the Sioux Falls Skyforce, Miami’s affiliate. He has appeared in three games since then and was off to a slow start, averaging 2.3 PPG, 3.7 RPG, and 3.0 APG in 19.2 minutes per game. The 26-year-old has converted just 2-of-16 field goal attempts, including 1-of-11 three-pointers.

Stanley Johnson appeared in 48 games for the Lakers last season, starting 27 of them and averaging 6.7 PPG, 3.2 RPG, and 1.7 APG on .466/.314/.716 shooting in 22.8 minutes per contest. He’s primarily known for his defensive versatility and the energy he brings to the court, having never made much of an impact on the offensive end.

The last two players the Spurs have signed to fill their 15th roster spot – Jordan Hall and Alize Johnson – have been on non-guaranteed deals, so it seems likely that Stanley Johnson’s contract will also be non-guaranteed. However, Charania’s report doesn’t confirm that.

Heat Sign Orlando Robinson, Waive Dru Smith

December 11th, 2022 at 11:35am CST by Arthur Hill

The Heat have brought back center Orlando Robinson on a two-way contract and waived guard Dru Smith, the team announced (via Twitter).

Miami has switched the two players several times this season. Smith originally won a roster spot on a two-way deal, but he was waived in favor of Robinson on November 13 as injuries provided a need for more depth in the middle. Twelve days later, the Heat re-signed Smith to a two-way contract and unloaded Robinson to make room on the roster.

Robinson, a rookie out of Fresno State, appeared in two games during his first stint with Miami, averaging 7.0 points and and 4.5 rebounds in 20 minutes per night.

Smith saw limited playing time in five games, but made one start. He will likely rejoin Miami’s G League affiliate in Sioux Falls if he’s not claimed on waivers.

Timberwolves Sign Matt Ryan To Two-Way Deal, Waive Lawson

December 8th, 2022 at 12:25pm CST by Dana Gauruder

DECEMBER 8: The Timberwolves have put out a press release officially announcing that they’ve signed Ryan to a two-way contract and waived Lawson.

DECEMBER 6: The Timberwolves are signing forward Matt Ryan to a two-way contract, Shams Charania and Jon Krawczynski of The Athletic tweet. Minnesota will waive A.J. Lawson to make room for Ryan, Krawczynski adds in another tweet.

Ryan was waived by the Lakers last week.

Minnesota ranks 28th in 3-point shooting at 32.6% and hopes that Ryan can help in that area. He joined the Lakers on a non-guaranteed minimum-salary contract in September and earned a spot on the regular season roster.

Ryan made 13-of-35 attempts 3-point attempts (37.1%) for L.A. this season but only converted 2-of-14 two-pointers. In total, he averaged 3.9 PPG in 12 appearances (10.8 MPG).

Ryan went undrafted out of Chattanooga in 2020 and eventually landed with the Grand Rapids Gold in the G League in 2021/22. He made his NBA debut with the Celtics this past spring.

Lawson appeared in just one game for the Timberwolves after signing a two-way contract in mid-November. He was playing for the Hawks’ G League affiliate prior to inking that contract.

It’s the second time Minnesota has waived Lawson. He was previously signed on a two-way deal in July. The Wolves initially waived him to add Luka Garza in mid-October.

Lakers Waive Matt Ryan

December 1st, 2022 at 3:38pm CST by Luke Adams

3:38pm: The Lakers have officially waived Ryan, the team confirmed (Twitter link).

7:05am: The Lakers are waiving sharpshooter Matt Ryan, reports Shams Charania of The Athletic (via Twitter). The move will open up a spot on Los Angeles’ standard 15-man roster and the team has no plans to immediately fill it.

Ryan, who has talked about working as a DoorDash driver after going undrafted out of Chattanooga in 2020, eventually landed with the Grand Rapids Gold in the G League in 2021/22, then made his NBA debut with the Celtics this past spring. He joined the Lakers on a non-guaranteed minimum-salary contract in September and earned a spot on the regular season roster.

Although Ryan has exhibited the ability to knock down three-pointers, having made 13-of-35 attempts (37.1%) for L.A. this season, he only converted 2-of-14 two-pointers. In total, he averaged 3.9 PPG in 12 appearances (10.8 MPG).

Both Charania and Dave McMenamin of ESPN (Twitter link) frame the decision to waive Ryan as one the Lakers made to give themselves extra roster flexibility when several of their players become trade-eligible on December 15 and they start to seriously consider potential deals.

However, as Bobby Marks of ESPN and Eric Pincus of Bleacher Report (Twitter links) note, Ryan’s full-season salary wouldn’t have become guaranteed for another six weeks, so the Lakers could’ve waived him anytime before January 7 if they needed his roster spot to accommodate a trade.

Marks points out (via Twitter) that the Lakers, given their tax position, will save $61K per day without Ryan on the roster. Pincus, meanwhile, suggests that the decision to release the 25-year-old now may be partly logistical, since the team is about to embark upon a six-game road trip and likely determined it didn’t make sense to bring Ryan on that trip if he was already on the chopping block.

Assuming Ryan is officially cut on Thursday, he’ll have earned $442,439 for the 45 days he spent on the Lakers’ roster and the two he’ll spend on waivers.

Celtics Sign Al Horford To Two-Year Extension

December 1st, 2022 at 8:31am CST by Luke Adams

3:00pm: Horford’s two-year extension is now official, the Celtics announced in a press release.

“Al is such an important part of our team,” president of basketball operations Brad Stevens said in a statement. “He’s a high-level player who enhances everyone around him on both ends of the court. His work ethic, commitment to his body and craft, and his unselfishness set a daily example on how to win big in the NBA. His leadership has had a big impact on the coaches and players he’s competed alongside here in Boston, and we’re excited that he and his family are choosing to remain Celtics for years to come.”

8:31am: Horford’s two-year, $20MM extension will be fully guaranteed and will include a trade kicker, a source tells Adam Himmelsbach of The Boston Globe (Twitter link).

8:02am: The Celtics and center Al Horford have agreed to a two-year contract extension worth $20MM, agent Jason Glushon tells ESPN’s Adrian Wojnarowski. The new deal will begin in 2023/24 and will keep Horford under team control until 2025.

Horford is currently earning $26.5MM in the final season season of the four-year, $109MM contract he signed with the Sixers in 2019, the last time he reached free agency. The veteran big man left Boston for Philadelphia that offseason despite a widespread expectation that he and the Celtics would work out a new deal.

This time around, he and the C’s have finalized an agreement well ahead of his free agency to avoid a repeat of that situation. Horford had stated last month that he wanted to play for two or three more seasons and finish his career in Boston.

Horford is 36 years old and his new contract will expire when he’s 39. However, he has remained extremely effective into his mid-30s and the Celtics’ commitment to him reflects a confidence that his solid play will continue for at least a couple more years.

In 18 games (all starts) this season, Horford has averaged 10.9 points, 6.3 rebounds, and 2.8 assists in 31.3 minutes per contest, with a shooting line of .555/.488/.625. As Wojnarowski observes within his report, the five-time All-Star is also highly respected within the locker room and in the wider Boston community.

Prior to this agreement, only $19.5MM of Horford’s $26.5MM salary for 2022/23 was guaranteed, but it was always a safe bet that he’d earn that full amount — this deal will formalize that, as Bobby Marks of ESPN tweets.

The extension signals that Boston is comfortable remaining a taxpayer beyond this season. Prior to signing Horford, the club had already committed $145MM+ in guaranteed money to eight players for 2023/24 (including Danilo Gallinari‘s player option). Barring cost-cutting moves, the Celtics’ team salary is now on track to comfortably surpass the projected $162MM luxury tax line for next season, especially if they re-sign Grant Williams.

As our tracker shows, Horford will become the 17th player to sign a veteran extension during the 2022/23 league year.