Transactions Rumors | Hoops Rumors

Magic Waive R.J. Hampton

February 21st, 2023 at 1:55pm CST by Luke Adams

2:12pm: The Magic have officially waived Hampton, the team confirmed in a press release.

1:55pm: The Magic are waiving former first-round pick R.J. Hampton, according to Khobi Price of The Orlando Sentinel (Twitter link).

The No. 24 pick in the 2020 draft, Hampton was part of Orlando’s return in the 2021 trade that sent Aaron Gordon to Denver. He had a rotation role in his first season-and-a-half with the Magic, but has seen his playing time decline precipitously in 2022/23 after the team declined the ’23/24 team option on his rookie scale contract.

Hampton, who turned 22 earlier this month, appeared in just 26 contests for the Magic this season, averaging 5.7 points, 1.5 rebounds, and 1.3 assists on .439/.340/.838 shooting in 13.9 minutes per game. He wasn’t a regular contributor in a crowded backcourt that features Markelle Fultz, Cole Anthony, Jalen Suggs, and Gary Harris.

Considered a trade candidate for much of this season, Hampton remained in Orlando through the February 9 deadline. A report surfaced shortly after the deadline suggesting that his days with the Magic were numbered.

Hampton has a $2,412,840 cap hit for 2022/23, so a team with cap room or a trade exception big enough to absorb that amount could place a waiver claim. The more likely scenario is that he’ll go unclaimed and seek out a new home as an unrestricted free agent.

The Magic are also promoting two-way player Admiral Schofield to a standard contract, so once officially they complete both transactions, they’ll have two spots available on their 17-man roster — one standard and one two-way.

Magic Promote Admiral Schofield To Standard Roster

February 21st, 2023 at 1:22pm CST by Luke Adams

2:11pm: The move is official, the Magic announced in a press release.

1:22pm: The Magic are signing forward Admiral Schofield to a new two-year standard contract, agents Mark Bartelstein and George Roussakis tell Adrian Wojnarowski of ESPN (Twitter link).

Schofield had been on a two-way deal since re-signing with Orlando last July. The new agreement will promote him to the 15-man roster with no corresponding move necessary, since the Magic are currently carrying only 14 players on standard contracts.

A second-round pick in 2019 out of Tennessee, Schofield began his professional career with the Wizards but has spent most of the last two seasons with the Magic, providing depth in Orlando’s frontcourt. In 2022/23, he has averaged 4.6 PPG and 1.9 RPG in 27 appearances (13.0 MPG), while posting career-best shooting marks (.478/.333/.895).

The exact terms of Schofield’s new deal aren’t known, but it’s unlikely to include much – if any – guaranteed money beyond this season. A minimum-salary contract seems probable, but the Magic do have an unused portion of their mid-level exception available if they want to give the 25-year-old more than the minimum.

Heat Sign Cody Zeller

February 20th, 2023 at 6:33pm CST by Luke Adams

FEBRUARY 20: The Heat have officially signed Zeller, the team tweets.

FEBRUARY 19: In addition to reaching an agreement to sign Kevin Love, the Heat plan to fortify their frontcourt depth by adding Cody Zeller to their 15-man roster, per Adrian Wojnarowski of ESPN (Twitter link).

Tim Reynolds of The Associated Press first reported (via Twitter) that Zeller was “targeting” signing with the Heat, after Michael Scotto of HoopsHype stated on Saturday that the veteran center had worked out for Miami.

The fourth overall pick in the 2013 draft, Zeller spent his first eight NBA seasons in Charlotte, then played for Portland in 2021/22. He had a limited role for the Blazers last season, averaging 5.2 PPG and 4.6 RPG in a career-low 13.1 minutes off the bench in 27 games before a right patellar avulsion fracture ended his season.

Zeller signed a non-guaranteed training camp deal with Utah this past September, but failed to earn a spot on the Jazz’s regular season roster and was waived at the end of the preseason. He has been seeking a new NBA home since then, having also worked out for the Lakers earlier in the season.

The Heat’s salary-dump trade of center Dewayne Dedmon prior to the deadline created some extra breathing room below the luxury tax for the organization, putting Miami in position to fill its 14th and 15th roster spots without becoming a taxpayer. The deal also thinned out the team’s frontcourt depth, so when the Heat went shopping on the buyout market following the deadline, they were said to be focusing on frontcourt players rather than guards.

Zeller will give Miami an experienced veteran option on the depth chart behind All-Star center Bam Adebayo. Omer Yurtseven, Orlando Robinson, and Udonis Haslem are also in the mix at the five, but Yurtseven is coming off ankle surgery and hasn’t played at all this season, Robinson is on a two-way contract and is nearing his games-played limit, and Haslem hasn’t played regular minutes for the last few years.

Assuming Love and Zeller both officially sign, as expected, the Heat would have a full 15-man roster, leaving no room for Robinson to get a promotion or Jamaree Bouyea to get another 10-day deal unless another player is waived.

We’ll see how that situation plays out, but if Robinson isn’t in the franchise’s plans going forward, Miami could cut him when he reaches his games-played limit, then bring back Bouyea to a two-way contract.

Kevin Love Signs With Heat

February 20th, 2023 at 5:28pm CST by Luke Adams

FEBRUARY 20: Love has officially signed with the Heat, the team announced (via Twitter).

FEBRUARY 19: Veteran forward Kevin Love intends to sign with the Heat after he clears waivers, agent Jeff Schwartz has confirmed to ESPN’s Adrian Wojnarowski (Twitter link).

Miami had been considered the frontrunner to sign Love after he completed a buyout agreement with the Cavaliers on Saturday. However, reports at the time indicated that he hadn’t yet made a final decision, with Wojnarowski noting that the 34-year-old still wanted to meet with the Sixers. Now, following that conversation with Philadelphia, it appears Love has made up his mind (Twitter link).

The Heat were viewed as a logical landing spot for Love because they can offer him the ability to play a key role right away. Miami has been on the lookout for power forward help for months, following P.J. Tucker‘s exit in free agency last summer. Caleb Martin has been the de facto starter at that spot for much of the season, but the 6’5″ wing lacks the size to match up with stronger, more physical fours.

Love, who fell out of the rotation in Cleveland last month and played his last game as a Cavalier on January 24, can’t replicate what Tucker did for the Heat last season, since he’s not as stout or as versatile defensively. But the five-time All-Star will bring some size, scoring, and rebounding to a Miami team that ranks 26th in the NBA in offensive rating (111.1) and 27th in rebounds per game (41.4) at the All-Star break.

Love’s averages of 8.5 PPG and 6.8 RPG on .389/.354/.889 shooting in 41 games (20.0 MPG) for the Cavs this season are somewhat underwhelming, but he put up 13.6 PPG, 7.2 RPG, and a .430/.392/.838 shooting line in a similar role (22.5 MPG) across 74 appearances for Cleveland last season.

The Heat won’t have to make a corresponding roster move to sign Love, since they have two open spots on their 15-man roster following the expiration of Jamaree Bouyea‘s 10-day deal with the team. Even after signing Love, Miami will have one more opening to either bring back Bouyea on another 10-day contract, promote Orlando Robinson from his two-way deal, or sign someone else.

According to Tim Reynolds of The Associated Press (Twitter link), Cody Zeller – who recently worked out for the Heat – has emerged as a strong candidate to fill that final open roster spot.

Having been officially waived on Saturday, Love will clear waivers on Monday, so the Heat are in position to sign him before their season resumes on Friday in Milwaukee. Miami has a portion of its mid-level exception and its full bi-annual exception available, giving the club the ability to offer Love more than the veteran’s minimum, but the terms of his deal haven’t yet been reported.

In addition to Miami and Philadelphia, the Suns and Lakers were among the other teams believed to have some level of interest in Love.

Clippers Sign Nate Darling To Two-Way Deal

February 17th, 2023 at 6:45pm CST by Rory Maher

The Clippers have signed Nate Darling to a two-way contract, the team announced.

A native of Halifax, Nova Scotia, Darling went undrafted out of Delaware in 2020 and spent his rookie season on a two-way contract with Charlotte, appearing in seven games for the Hornets.

The 6’6″ shooting guard has spent the past couple seasons with the Clippers’ G League affiliate in Ontario, California.

He had a strong showing during the fall Showcase Cup, averaging 20.1 PPG, 4.4 RPG and 2.5 APG on .469/.440/.828 shooting in 19 games (31.1 MPG). That has carried over to the 2022/23 regular season with Ontario, as he’s averaging 21.4 PPG, 3.7 RPG, 1.8 APG and 1.0 SPG on .464/.389/.868 shooting in 20 games (31.7 MPG).

The Clippers waived Moses Brown earlier today, which was reportedly a mutual decision after he had reached his two-way games played limit. Darling will fill that two-way opening and can be active for up to 15 regular season games. He won’t be playoff-eligible.

Los Angeles still has one standard roster spot open, but both two-way slots are now filled.

Clippers Waive Moses Brown

February 17th, 2023 at 3:12pm CST by Luke Adams

The Clippers have officially waived center Moses Brown, the team announced today. Brown had been on a two-way contract, but reached his games-played limit when he was active for a 50th time on Thursday, as Law Murray of The Athletic notes (via Twitter).

Murray first reported (via Twitter) that the Clippers would cut Brown to free up his two-way slot. Agent Luke Glass tells ESPN’s Bobby Marks (Twitter link) that it was a mutual decision, since the 23-year-old was ineligible to play another game for the Clippers this season while on his two-way deal.

Brown appeared in 34 games for the Clippers, averaging 4.6 points and 4.1 rebounds in just 8.5 minutes per night. He served as a backup center behind Ivica Zubac, but wasn’t always a part of the rotation and slid further down the depth chart following L.A.’s trade-deadline acquisition of Mason Plumlee.

Brown, who is in his fourth NBA season, will have the ability to sign a standard or two-way deal with any team if he clears waivers on Sunday. He has previously spent time with Portland, Oklahoma City, Dallas, and Cleveland.

The Clippers now have two openings on their 17-man roster — one on their standard 15-man squad and one two-way slot.

Jazz Waive Leandro Bolmaro

February 16th, 2023 at 7:30pm CST by Rory Maher

7:30pm: Bolmaro actually reached a buyout agreement with the Jazz, reports Eric Walden of The Salt Lake Tribune (via Twitter). Bolmaro wanted to return to Europe in order to get playing time and Utah accommodated his request, per Walden.

4:55pm: The Jazz have officially waived Bolmaro, per NBA.com’s transaction log. Utah now has 13 players on standard contracts and will have up to two weeks to add a 14th man.

2:24pm: The Jazz intend to waive Leandro Bolmaro, sources tell Shams Charania and Tony Jones of The Athletic (Twitter link).

Bolmaro, a 6’6″ guard from Argentina, was the 23rd overall pick of the 2020 draft, but wound up signing his contract a year later, so he’s only in his second NBA season. The Jazz declined their third-year team option on the 22-year-old before the 2022/23 season began, which indicated that he might not be in Utah’s long-term plans.

As Andy Larsen of The Salt Lake Tribune notes (via Twitter), the Jazz’s backcourt was shorthanded during Wednesday’s loss to Memphis — Russell Westbrook is away from the team as he explores his options, and Collin Sexton exited the game early with a left hamstring injury (Twitter link via Larsen). The fact that Utah opted not to use Bolmaro in that situation was a pretty ominous sign.

Larsen has heard the Spurs may have been interested in Bolmaro in the past. San Antonio’s 17-man roster is full at this point, however.

Bolmaro spent his rookie season with the Timberwolves, but was sent to Utah as part of the Rudy Gobert trade. In 49 career games, including 14 this season with the Jazz, Bolmaro has averaged just 6.3 minutes per contest.

If he clears waivers, the former first-round pick will receive $2,471,160 from Utah and will become an unrestricted free agent.

Julian Champagnie Claimed Off Waivers By Spurs

February 16th, 2023 at 6:02pm CST by Rory Maher

6:02pm: San Antonio confirmed in an email that it claimed Champagnie. He will wear No. 30 for the Spurs.

4:20pm: The Spurs have claimed Julian Champagnie off waivers, sources tell ESPN’s Adrian Wojnarowki (Twitter link).

An undrafted rookie out of St. John’s, Champagnie had been with Philadelphia on a two-way contract, but he was recently waived in favor of Mac McClung. The Spurs have an open two-way spot, so they won’t need to release anyone to acquire Champagnie.

The 21-year-old spent three college seasons with the Red Storm, averaging 19.2 PPG, 6.6 RPG, 2.0 APG, 2.0 SPG and 1.1 BPG on .414/.337/.781 shooting in 31 games (34.2 MPG) as a junior. He only appeared in two games with the Sixers for a total of seven minutes, having spent the majority of his first pro season with their G League affiliate, the Delaware Blue Coats.

The 6’8″ forward had an impressive run during the fall Showcase Cup, averaging 21.9 PPG, 7.0 RPG, 1.1 SPG and 1.2 BPG on .465/.347/.839 shooting in 14 games (35.1 MPG). His numbers have declined since the regular season began, with Champagnie recording 14.3 PPG, 5.7 RPG and 0.9 BPG on .419/.352/.875 shooting in 18 games (28.7 MPG) for the Blue Coats.

The Spurs now have a full 15-man standard roster and both two-way slots filled — Dominick Barlow occupies the other.

Kevin Love, Cavaliers Nearing Buyout Agreement

February 16th, 2023 at 12:11am CST by Alex Kirschenbaum

Longtime Cavaliers power forward Kevin Love is working toward a buyout agreement with the team, sources inform Shams Charania and Jason Lloyd of The Athletic.

Love is currently making $28.9MM in the final season of a four-year, $120MM contract extension he signed with the team in 2018. The deal kicked in the following season.

According to The Athletic’s writers, the Heat are already said to be interested in procuring Love’s services. Given Miami’s issues with floor spacing and its lack of traditionally sized power forwards, this would feel like a natural fit.

The 34-year-old big man has been with the Cavaliers since he was traded to the club by the Timberwolves ahead of the 2014/15 NBA season.

Love, a five-time All-Star, won a title in Cleveland in 2016 alongside All-Stars LeBron James and Kyrie Irving. As Charania and Lloyd note, the former No. 5 pick out of UCLA was the only remaining player from that title team who was part of the exciting ’22/23 club that is currently the fourth seed in the East.

The 6’10” vet had fallen out of Cleveland rotation last month around the same time Dean Wade returned from a shoulder injury. Love played what could be his last game for the team on January 24, a 105-103 loss to the Knicks.

Even before that, Love had taken more of a backseat to Cleveland’s starting frontcourt tandem of Evan Mobley and Jarrett Allen this season. 6’7″ Cedi Osman has taken on more minutes as the team’s de facto reserve power forward of late.

Across 41 games while still in the team’s rotation, Love posted averages of 8.5 PPG and 6.8 RPG, with shooting splits of .389/.354/.889.

Justin Holiday Signs With Mavs After Buyout With Rockets

February 15th, 2023 at 5:14pm CST by Rory Maher

FEBRUARY 15: Holiday’s new contract with the Mavericks is official, the team announced (via Twitter).

FEBRUARY 13, 9:05pm: Holiday has officially been waived by the Rockets, according to the NBA transactions log.

FEBRUARY 13, 12:17pm: Veteran swingman Justin Holiday has reached a buyout agreement with the Rockets and intends to sign with the Mavericks after he clears waivers, sources tell Brian Windhorst of ESPN.

Marc Stein reported Sunday evening (via Twitter) that the Mavs would be interested in Holiday if he was bought out by Houston. Dallas was also reportedly interested in Terrence Ross, who plans to sign with the Suns after being bought out by Orlando. However, according to Tim MacMahon of ESPN, Holiday was the Mavs’ top potential buyout target (Twitter link).

Holiday, 34, was sent to Houston from Atlanta as part of a cost-cutting trade by the Hawks. Now in his 10th season, Holiday didn’t get much playing time with Atlanta in 2022/23, making 28 appearances while averaging 4.5 points in 14.7 minutes per game.

A report after the trade indicated that the Rockets were interested in keeping Holiday around, perhaps even beyond this season. Obviously that didn’t work out, with Holiday spotted having an extended conversation with coach Stephen Silas during Monday’s shootaround (Twitter link via Kelly Iko of The Athletic).

The Mavs dealt away Dorian Finney-Smith as part of the Kyrie Irving trade, so Holiday will provide some additional depth on the wing. Dallas technically has a full 15-man roster, but big man Chris Silva is only on a 10-day deal — if Dallas wants to sign Holiday before the All-Star break, Silva’s contract would likely be ended early to make room for the newcomer.