Transactions Rumors | Hoops Rumors

Derrick Favors Signs 10-Day Deal With Hawks

January 11th, 2023 at 9:49am CST by Dana Gauruder

JANUARY 11: Favors has officially signed with the Hawks, the team announced today in a press release. His 10-day contract will run through January 20, making him eligible for Atlanta’s next six games.

As our tracker shows, Favors’ deal is the fifth 10-day contract signed so far this season.

JANUARY 10: Veteran power forward Derrick Favors is signing a 10-day contract with the Hawks, ESPN’s Adrian Wojnarowski tweets.

Favors, 31, has been out of the league since the Rockets waived him during training camp. Houston made that move even though Favors’ $10,183,800 salary was guaranteed, due to a roster crunch. He was acquired by the Rockets in an eight-player trade with the Thunder in September.

The third overall pick of the 2010 draft, Favors has appeared in 790 regular season games (503 starts, 24.3 MPG) with averages of 10.6 PPG, 7.1 RPG and 1.2 BPG while shooting 53.4% from the floor and 66.3% from the foul line. His mobility and production have declined in recent seasons — he averaged career-lows of 5.3 PPG and 4.7 RPG in 38 games (18 starts, 16.7 MPG) with the Thunder in 2021/22.

Atlanta has an open roster spot, so no corresponding move will be necessary. Favors will provide more depth up front, which could come in handy since Clint Capela is dealing with a calf injury. Capela won’t play against Milwaukee on Wednesday.

Favors could also be a longer-term option as a backup in case the Hawks deal power forward John Collins, whose name has frequently come up in trade rumors.

It’s a homecoming for Favors, who played for Georgia Tech after attending South Atlanta High School.

PJ Dozier Signs 10-Day Deal With Kings

January 9th, 2023 at 1:08pm CST by Alex Kirschenbaum

JANUARY 9: Dozier’s 10-day contract with the Kings is now official, per Sean Cunningham of Fox 40 News (Twitter link).

JANUARY 8: Veteran shooting guard PJ Dozier is signing a 10-day deal with the Kings, Dozier’s agent Kevin Bradbury informs Adrian Wojnarowski of ESPN (Twitter link).

Dozier signed a training camp deal with the Timberwolves this summer, but did not make the team’s opening night standard roster. Most recently, the 6’6″ swingman had been playing with Minnesota’s NBAGL affiliate, the Iowa Wolves.

During Iowa’s Showcase Cup run this fall, Dozier averaged 14.4 PPG on .444/.353/.722 shooting splits. He also contributed 6.8 RPG, 2.5 APG, 1.2 SPG and 0.8 BPG across 13 contests, including seven starts.

Across five NBA seasons with the Thunder, Celtics, and Nuggets, the 26-year-old out of South Carolina holds career averages of 6.4 PPG, 3.0 RPG, 1.8 APG and 0.6 SPG. He tore his ACL in December 2021 while with Denver, and indicated in June of 2022 that he had been cleared to resume all basketball activities.

James Ham of ESPN 1320 Sacramento tweets that Dozier has an ally on the Kings bench. Current Sacramento associate head coach Jordi Fernandez was previously an assistant coach with the Nuggets, with whom Dozier also spent the past three NBA seasons.

Ham adds that the Kings view Dozier as an intriguing two-way option. Sacramento could especially use Dozier’s help on the defensive side of the ball, where the team has been struggling.

Spurs Sign Gorgui Dieng To 10-Day Contract

January 8th, 2023 at 10:57am CST by Luke Adams

10:57am: The deal is now official, per NBA.com’s transaction log. It will run through Tuesday, January 17.

7:14am: Just days after waiving him, the Spurs have agreed to re-sign big man Gorgui Dieng, according to ESPN’s Adrian Wojnarowski (Twitter link). A source tells Wojnarowski that San Antonio is bringing back Dieng on a 10-day contract.

Dieng, who will turn 33 later this month, signed a one-year, minimum-salary contract with San Antonio over the summer. The former Louisville standout played sparingly for the team in the first half of the season, averaging 4.1 points, 3.2 rebounds, and 2.0 assists in 13 appearances (11.6 MPG), and was perhaps valued more for his veteran leadership in the locker room than his contributions on the court.

Because the Spurs had a full 15-man standard roster, they had to cut a player when they agreed to acquire Noah Vonleh and cash in a salary-dump trade with the Celtics. Dieng was the odd man out, despite having a fully guaranteed salary.

Having already locked in his full-season $2.64MM salary, Dieng will now get the opportunity to double-dip with the Spurs on a 10-day deal, which will pay him approximately $152K.

No corresponding roster move will be necessary for San Antonio to open up a spot for Dieng, since the club waived Vonleh shortly after trading for him. Assuming the signing becomes official today or tomorrow, Dieng will be eligible to play in the Spurs’ next five games, starting with Monday’s contest in Memphis.

Raptors Sign Joe Wieskamp To 10-Day Contract

January 7th, 2023 at 9:31am CST by Luke Adams

JANUARY 7: The Raptors have officially signed Wieskamp to a 10-day contract, the team announced today in a press release. The deal will run through January 16, covering Toronto’s next five games.

JANUARY 6: The Raptors are signing free agent swingman Joe Wieskamp to a 10-day contract, agents Kyle McAlarney and Mark Bartelstein tell Adrian Wojnarowski of ESPN (Twitter link).

Wieskamp, 23, was drafted 41st overall in 2021 by the Spurs and spent most of his rookie season on a two-way contract with the team. The 6’6″ wing was converted to a rest-of-season standard contract in March, then re-signed with San Antonio in August on a two-year deal that included a guaranteed $2.175MM salary for 2022/23. However, he was the victim of a roster crunch and was waived by the Spurs in October just before the regular season tipped off.

A former Iowa standout, Wieskamp appeared in 29 games for the Spurs in his first pro season, playing a very limited role for the NBA club. He averaged 2.1 PPG and 0.5 RPG in 7.1 MPG.

Wieskamp has seen more of the court at the G League level in the last two seasons. After playing for the Austin Spurs in 2021/22, he was the second overall pick in this season’s NBAGL draft and has spent this season with the Wisconsin Herd, Milwaukee’s affiliate. In 11 Showcase Cup games for the Herd (28.5 MPG), he averaged 17.0 PPG and 5.9 RPG on .504/.406/.842 shooting.

The Raptors won’t need to make a roster move to clear space for Wieskamp, since they have an opening on their 15-man squad after waiving Justin Champagnie last week.

Kings Waive Chima Moneke

January 6th, 2023 at 6:30pm CST by Rory Maher

The Kings have waived forward Chima Moneke, a source tells James Ham of ESPN 1320 and TheKingsBeat.com (Twitter link).

Moneke was one of three players on Sacramento’s roster on partially guaranteed contracts — Matthew Dellavedova and KZ Okpala are the others. The deadline to waive partially and non-guaranteed deals before they become fully guaranteed is tomorrow, January 7.

The 27-year-old rookie out of Australia only appeared in two NBA games this season for a total of eight minutes. He spent the majority of the season with the team’s G League affiliate, the Stockton Kings, averaging 17.6 PPG, 11.3 RPG, 2.8 APG, 1.6 SPG and 0.8 BPG in 16 games (36.3 MPG) during the Showcase Cup.

After going undrafted in 2018, Moneke played internationally for teams in France and Spain, first competing in the French LNB Pro B league before receiving a promotion to Orléans Loiret Basket of LNB Pro A, the top league in France, in 2020/21.

Last season he played for Baxi Manresa of Liga ACB, the top Spanish league, averaging 14.5 PPG, 8.2 RPG and 1.6 SPG on .521/.290/.735 shooting in 36 games (30 starts, 24.1 MPG). He was also named the MVP of the Basketball Champions League with Baxi Manresa in ’21/22.

Moneke was on a standard contract, so the Kings now have 14 players on their 15-man roster, with both two-way contracts filled.

Lakers Sign Sterling Brown To 10-Day Contract

January 6th, 2023 at 12:56pm CST by Arthur Hill

12:56pm: The Lakers have officially signed Brown to a 10-day contract, according to the team.

The first recipient of a 10-day deal in 2023, Brown will be eligible for the team’s next five games — his contract will expire after the Lakers play Philadelphia next Sunday (January 15).

11:26am: The Lakers are “progressing toward” signing free agent wing Sterling Brown to a 10-day contract, tweets Shams Charania of The Athletic.

Brown, 27, is playing with the Raptors 905 after being waived by the Thunder before the start of the season. He has appeared in six games for the G League team.

Brown spent last season with the Mavericks, averaging 3.3 points and 3.0 rebounds per night while seeing limited playing time in 49 games. During the offseason, he was sent to the Rockets as part of the Christian Wood trade and was later shipped to Oklahoma City in an eight-player deal.

The Lakers currently have a roster opening, so no corresponding move would have to be made before signing Brown.

Mavericks Waive Kemba Walker

January 6th, 2023 at 10:19am CST by Arthur Hill

10:48am: The move is official, the Mavericks confirmed (via Twitter).

10:19am: Kemba Walker‘s comeback with the Mavericks only lasted nine games, according to Tim MacMahon of ESPN, who tweets that Dallas will waive the veteran guard before his contract becomes fully guaranteed this weekend.

Walker, 32, signed with the team in late November, hoping to resurrect his NBA career after knee issues cut short his stays with the Knicks and Celtics. Walker averaged 8.0 points in 16.0 minutes per game during his time in Dallas and even turned in a 32-point outing.

MacMahon states that the Mavs want to dedicate more playing time to young guard McKinley Wright IV, who has been earning minutes on a two-way contract, and second-round pick Jaden Hardy, who may get a larger role in the second half of the season. A source told MacMahon that Walker was an “ultimate pro” in his short stay with the Mavs.

The team will have a $684,712 cap hit for Walker, according to Bobby Marks of ESPN (Twitter link).

A four-time All-Star with Charlotte and Boston, Walker is in his 12th NBA season. His performance in Dallas may lead to other opportunities now that teams are able to offer 10-day contracts.

Celtics Trade Vonleh To Spurs; Spurs Waive Dieng, Vonleh

January 5th, 2023 at 3:18pm CST by Rory Maher

3:18pm: The trade is now official, per Boston. The Celtics acquired a future protected second-round pick from the Spurs to complete the deal.

The Spurs have waived both Dieng and Vonleh, as expected, per NBA.com’s transaction log.

1:08pm: The Celtics are trading big man Noah Vonleh and cash considerations to the Spurs, sources tell Shams Charania of The Athletic (Twitter link).

The Spurs are waiving center Gorgui Dieng to create a roster spot for Vonleh, who will also be waived, according to ESPN’s Adrian Wojnarowski (Twitter link).

It’s a salary dump move for Boston, as Vonleh’s salary is non-guaranteed and would have become fully guaranteed if he remained under contract through Saturday. The Celtics will free up a roster spot and save $7.15MM toward their projected luxury tax bill, tweets ESPN’s Bobby Marks.

The Celtics will also generate a small $1.16MM traded player exception, Marks notes (via Twitter). That’s the amount of guaranteed money owed to Vonleh.

The 27-year-old was a deep-bench reserve for Boston. In 23 games, he averaged just 7.4 minutes per contest. The ninth overall pick of the 2014 draft, Vonleh has played for eight different teams in as many NBA seasons. He played in China in 2021/22.

San Antonio has plenty of cap room available — $27.1MM, per Marks — to waive Dieng’s guaranteed salary without worrying about the financial implication. He was on a veteran’s minimum deal and rarely saw the court this season, appearing in just 13 games with averages of 4.1 PPG, 3.2 RPG and 2.0 APG in 11.6 MPG.

In fact, the Spurs are well below the salary cap “floor” of $111,290,000, so it was an easy decision for them from a financial standpoint — adding more money to the books just means they’ll be that much closer to the floor. If they don’t reach the threshold, the Spurs are obligated to make up the difference by distributing the shortfall to the players on their roster.

San Antonio will also open a roster spot with an eye toward flexibility ahead of the February 9 trade deadline. Since the Spurs still have so much cap room available, they’re likely to be involved in more minor trades that involve dumping salary.

The Spurs will have to send something back to Boston to make the trade official, tweets John Hollinger of The Athletic, likely something with little-to-no value, like a heavily protected second-round pick or the rights to a draft-and-stash player.

As Hollinger tweets, it’s possible that a couple more players with non-guaranteed contracts could be traded in advance of the January 7 deadline, with an eye on savings toward the luxury tax.

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).