Transactions Rumors | Hoops Rumors

Jazz Trade Bojan Bogdanovic To Pistons

September 26th, 2022 at 9:00pm CST by Luke Adams

SEPTEMBER 26, 9:00pm: The Jazz and Pistons both issued press releases on Monday evening confirming the trade, which signals that all the required physicals have been completed.

As previously reported, Utah received $1,752,638 in cash along with Olynyk and Lee, which is the exact amount of Lee’s 2022/23 salary.

SEPTEMBER 22, 5:00pm: The trade is official, according to NBA.com’s transaction log. In addition to Olynyk and Lee, the Jazz acquired cash in the deal, per RealGM’s transaction log.

SEPTEMBER 22, 8:39am: The Pistons and Jazz are finalizing a trade that will send forward Bojan Bogdanovic to Detroit, sources tell Shams Charania and James L. Edwards III of The Athletic (Twitter links). According to Charania and Edwards, Utah will receive big man Kelly Olynyk and guard Saben Lee in the deal.

Bogdanovic is set to earn $19.55MM in the final year of his contract after averaging 18.1 points, 4.3 rebounds, and 1.7 assists per game in 69 appearances (30.9 MPG) for the Jazz in 2021/22. A strong frontcourt scorer and shooter, Bogdanovic has made his 39.2% of his career three-point attempts, including 40.3% over the last five seasons.

With the Jazz in the process of tearing down their roster, Bogdanovic was widely viewed as a strong candidate to be moved before the start of the season. On Wednesday, Andy Larsen of The Salt Lake Tribune cited a source close to Bogdanovic who said the forward expected to be traded soon.

Still, while a trade had been anticipated, Bogdanovic’s destination comes as a surprise. Teams like the Suns, Lakers, Mavericks, and Knicks had been cited as possible suitors for the 33-year-old, but it will be the retooling Pistons who land him. Bogdanovic’s ability to stretch the floor and hit outside shots should help create more room in the paint and play-making opportunities for Detroit’s dynamic young guards, Cade Cunningham and Jaden Ivey.

The Pistons will take advantage of their leftover cap room in acquiring Bogdanovic, sending out only Olynyk ($12.8MM) and Lee ($1.75MM) in the deal. The move will also help clear a roster logjam in Detroit — the club had 17 players on fully guaranteed salaries, but will have just 16 after completing the trade for Bogdanovic. Buyout candidate Kemba Walker is expected to be the odd man out.

As for the Jazz, they’re trading yet another productive veteran after having already found takers this offseason for Rudy Gobert, Donovan Mitchell, and Royce O’Neale. It appears they won’t continue to add to their collection of future draft assets in the Bogdanovic swap, but they’ll add a much-needed center in Olynyk to their roster, will take a shot on the 23-year-old Lee, and will create some additional breathing room below the luxury tax line.

As Yossi Gozlan of HoopsHype observes (via Twitter), the trade should move Utah from about $2MM below the luxury tax threshold to $7MM below the tax line. The team also should create a trade exception worth about $6.75MM in the deal.

While they’ll reduce this year’s team salary, the Jazz will now be on the hook for Olynyk’s $3MM partial guarantee in 2023/24. They’d owe the big man that $3MM, instead of his full $12.2MM salary, if they waive him before next year’s free agent period. Lee, meanwhile, has a $1.9MM team option for ’23/24.

The Jazz will now have 18 players on guaranteed contracts, so they’ll have to trade or release three players before opening night to get their roster down to 15.

Lakers Sign Matt Ryan, Dwayne Bacon

September 26th, 2022 at 7:40pm CST by Luke Adams

7:40pm: The Lakers have officially signed both Ryan and Bacon, the team tweets.

7:03am: The Lakers intend to sign free agent swingman Matt Ryan to a non-guaranteed contract, reports Shams Charania of The Athletic (Twitter link). According to Charania, the team is also working toward an agreement on a camp deal with free agent wing Dwayne Bacon.

Ryan, 25, signed a two-way contract with the Celtics in February and finished the season with the team. While he only appeared in a single regular season game for Boston, the former Chattanooga sharpshooter had a big year at the G League level, averaging 19.4 PPG on .469/.413/.860 shooting in 30 total regular season games (33.5 MPG) for the Grand Rapids Gold and Maine Celtics.

Ryan also made a strong impression at the Las Vegas Summer League this July, putting up 19.0 PPG on .550/.526/1.000 shooting in two appearances (22.9 MPG) for Boston before suffering an ankle sprain.

As for Bacon, the 2017 second-round pick has appeared in 207 regular season games for Charlotte and Orlando since making his debut five years ago, but didn’t play in the NBA last season after being waived by the Knicks in October. Bacon signed with AS Monaco shortly after being cut by New York and competed in France’s top basketball league in 2021/22.

The Lakers currently have two openings on their 20-man training camp roster, so they could add Ryan and Bacon without making any cuts.

Andre Iguodala Returns To Warriors For One More Season

September 26th, 2022 at 3:23pm CST by Arthur Hill

SEPTEMBER 26: The Warriors have officially re-signed Iguodala, the team announced today in a press release.

SEPTEMBER 23: Andre Iguodala will play his 19th and final NBA season with the Warriors, tweets Shams Charania of The Athletic. Iguodala made the announcement on his Point Forward podcast (video link).

Golden State had been keeping a roster spot open in hopes that Iguodala would return. His decision gives the team a full complement of 20 players heading into camp.

Iguodala played an important role in the Warriors’ ascension into title contenders in the latter part of the last decade. He was traded in 2019 to help clear salary, but he returned to the team as a free agent last summer after spending two seasons with Miami.

Iguodala, who remains one of Golden State’s most reliable perimeter defenders, appeared in 31 games last season, averaging 4.0 points, 3.2 rebounds and 3.7 assists in 19.5 minutes per night. He saw only minimal playing time in seven postseason games during the Warriors’ title run.

The Warriors will presumably sign Iguodala to a guaranteed minimum-salary contract. Such a deal would make him the 14th Golden State player with a guaranteed salary for the 2022/23 season.

The team could carry one more player when the regular season begins, but may opt to keep that 15th spot open to maintain flexibility and avoid pushing its record-setting luxury tax bill any higher.

Pistons Pick Up Options For Cunningham, Hayes, Stewart, Bey

September 26th, 2022 at 12:45pm CST by Rory Maher

The Pistons have exercised their 2023/24 team options for Cade Cunningham, Killian Hayes, Isaiah Stewart and Saddiq Bey, the team announced (via Twitter). The moves were expected, as all four players have been productive in different aspects of the game on their rookie contracts.

Cunningham, the No. 1 overall pick of last year’s draft, finished third in Rookie of the Year voting in ’21/22 after averaging 17.4 PPG, 5.5 RPG, 5.6 APG and 1.2 SPG on .416/.314/.845 shooting in 64 games (32.6 MPG). He put up big counting stats post-All-Star break, averaging 21.1 PPG, 5.7 RPG, 6.5 APG and 1.1 SPG, though his three-point percentage dipped (.457/.275/.833 shooting line). ’23/24 will be Cunningham’s third season, and he’ll earn $11,055,360.

Hayes was the only player of the group who might not have been viewed as a lock to have his team option picked up, as he’s dealt with injuries (he’s appeared in 92 of 154 games) and has struggled to score (6.8 PPG on .374/.268/.780 shooting) through two seasons. However, he’s a solid play-maker (6.4 assists per 36 minutes) and an above-average defender for a guard, plus he was the No. 7 overall pick in 2020 and is only 21 years old, so it’s not like the Pistons were in a rush to give up on him. Hayes will earn $7,413,955 in his fourth season.

Stewart, the No. 16 overall pick in 2020, started all 71 of his games last season (25.6 MPG), averaging 8.3 PPG, 8.7 RPG and 1.1 BPG on .510/.326/.718 shooting. A tenacious offensive rebounder, Stewart will earn $5,266,713 in year four, making him a relative bargain.

Bey, the No. 19 overall pick in 2020, appeared and started in all 82 games (33.0 MPG) for Detroit in ’21/22, averaging 16.1 PPG, 5.4 RPG and 2.8 APG on .396/.346/.827 shooting. He had a memorable 51-point outburst in a win over Orlando in March and will make $4,556,983 in the final season of his rookie deal.

Nuggets Sign Grant Golden To Exhibit 10 Contract

September 26th, 2022 at 11:56am CST by Luke Adams

The Nuggets have filled their 20-man roster by signing undrafted rookie forward Grant Golden to an Exhibit 10 contract, a source tells Mike Singer of The Denver Post (Twitter link).

Golden, who spent his entire college career at Richmond, averaged 13.7 PPG, 6.0 RPG, and 2.9 APG on .506/.280/.706 shooting in 37 games (27.6 MPG) as a “super senior” in 2021/22. After going undrafted, the 6’10” forward played for the Hawks’ Summer League team in Las Vegas, logging limited minutes in four appearances.

Golden will take the spot on the Nuggets’ roster that opened up when the team waived Justin Tillman. It’s unclear whether he’ll be a full participant in training camp or whether his time under contract in Denver will be more short-lived.

Signing Golden to an Exhibit 10 contract ensures that the Nuggets will have his G League rights and means he’ll be eligible for a bonus worth up to $50K if he’s waived and subsequently spends at least 60 days with Denver’s NBAGL affiliate, the Grand Rapids Gold.

PJ Dozier Signs With Timberwolves

September 26th, 2022 at 11:35am CST by Dana Gauruder

SEPTEMBER 26: The Timberwolves have officially signed Dozier, finalizing their training camp roster, the team announced in a press release.

SEPTEMBER 17: Free agent swingman PJ Dozier is signing a contract with the Timberwolves, ESPN’s Adrian Wojnarowski tweets.

The former Nuggets wing tore his ACL in December. He was cleared for full basketball activities in mid-June.

Noted for his defense, Dozier emerged as a key reserve for Denver in recent years, appearing in 97 games from 2019-21. He averaged 6.7 PPG and 3.1 RPG on .408/.321/.676 shooting in 19.0 minutes per contest.

After Dozier was injured, he was traded from the Nuggets to the Celtics in January, then to the Magic at the February trade deadline. Orlando waived him shortly after acquiring him, making him an unrestricted free agent.

New Timberwolves president of basketball operations Tim Connelly is naturally quite familiar with Dozier since he was Denver’s top exec up until this offseason.

Minnesota already had 19 players on its roster — 12 with fully guaranteed salaries, three with partially guaranteed or non-guaranteed standard contracts, two on Exhibit 10 deals, and two more on two-way pacts. Dozier will fill the 20th spot for now.

Terms of Dozier’s contract were not disclosed, but it’s likely to be a non-guaranteed or partially guaranteed contract, giving him the opportunity to fight for a spot on the 15-man opening day roster.

Kostas Antetokounmpo Joins Bulls On Training Camp Deal

September 26th, 2022 at 10:48am CST by Arthur Hill

SEPTEMBER 26: The Bulls have officially announced their 20-man camp roster and Antetokounmpo is on it, signaling that his deal with the team is now official.

SEPTEMBER 18: The Bulls will sign Kostas Antetokounmpo to a training camp contract, tweets Shams Charania of The Athletic.

Antetokounmpo will be given a chance to compete for a two-way roster spot, sources tell Charania. Those slots are currently filled by Justin Lewis, who recently suffered a torn ACL, and Malcolm Hill.

Antetokounmpo, 24, hopes to return to the NBA after spending last season with the French team ASVEL in the EuroLeague. After being selected with the final pick in the 2018 draft, he earned two-way contracts with the Mavericks and Lakers and won a championship ring in 2020. Antetokounmpo appeared in 22 total games over three seasons, averaging 1.0 points and 1.0 rebounds in four minutes per night.

Chicago has an open spot remaining on its 20-man offseason roster, so no corresponding move will be necessary to add Antetokounmpo.

CJ McCollum Signs Two-Year Extension With Pelicans

September 26th, 2022 at 10:32am CST by Arthur Hill

SEPTEMBER 26: McCollum’s extension is now official, according to Pelicans head of basketball operations David Griffin, who praised the veteran guard for “taking less money in his extension to keep this group together” (Twitter links via Andrew Lopez of ESPN and Christian Clark of NOLA.com).

SEPTEMBER 24: The Pelicans and CJ McCollum have reached an agreement on a two-year extension valued at $64MM, writes Adrian Wojnarowski of ESPN. This deal, which was confirmed by McCollum’s agent, Sam Goldfeder of Excel Basketball, will run through the end of the 2025/26 season.

McCollum made an immediate impact in New Orleans after being acquired from the Trail Blazers in February. He averaged 24.3 points, 4.5 rebounds and 5.8 assists per game as the Pelicans stormed back from a slow start and earned a spot in the play-in tournament. He was equally effective in the playoffs as New Orleans took the top-seeded Suns to six games in their first-round matchup.

The 31-year-old shooting guard is part of what looks to be a strong foundation that could keep the Pelicans in playoff contention for the next few years. Brandon Ingram provides another consistent scoring threat, and the return of Zion Williamson could round out one of the league’s most dangerous offenses.

All three players are now under contract for the next three seasons, notes Christian Clark of NOLA.com (Twitter link).

The extension was a priority for Pelicans senior vice president of basketball operations David Griffin and general manager Trajan Langdon, Wojnarowski adds. They were impressed by the way McCollum was able to transform the team with his production and leadership after the trade.

McCollum was a fixture in Portland after being selected with the 10th pick in the 2013 draft. He spent eight and a half seasons with the Blazers and ranks fifth on the team’s career scoring list.

McCollum will earn $33.3MM this season and $35.8MM in 2023/24 before the new extension takes effect.

Bucks Re-Sign Jordan Nwora To Two-Year Deal

September 26th, 2022 at 10:29am CST by Alex Kirschenbaum

SEPTEMBER 26: Nwora has officially re-signed with the Bucks, the team announced today in a press release.

SEPTEMBER 25: The Bucks are bringing back restricted free agent small forward Jordan Nwora on a two-year, $6.2MM contract, agents Mark Bartelstein and George Roussakis tell Adrian Wojnarowski of ESPN (Twitter link).

Nwora, 24, averaged 7.9 PPG, 3.6 RPG, and 1.0 APG, over 19.1 MPG, across 62 contests for the Bucks in 2021/22, including 13 starts. He posted shooting splits of .403/.348/.837 last year.

Nwora was selected with the No. 45 pick in 2020 out of Louisville. Though he played a relatively limited role with the club as a rookie, Nwora was a part of the team’s 2020/21 championship-winning roster.

During Bucks Media Day remarks to the press earlier today, team president Jon Horst alluded to the fact that Nwora was slated to join the team for the start of training camp Monday, tweets Jim Owzcarski of the Milwaukee Journal Sentinel.

The 6’8″ swingman will be the 15th player to receive a guaranteed 2022/23 salary from the Bucks, so the team’s regular season roster looks pretty much set.

There had been some uncertainty about whether Milwaukee would be willing to carry a 15th man into the regular season, since doing so will push the team’s salary further over the tax line. Unless a trade is coming before opening night, it appears the club is comfortable taking on that extra cost.

Pistons Finalize Camp Roster, Announce Injury Updates

September 26th, 2022 at 10:23am CST by Luke Adams

The Pistons officially announced their training camp roster on Monday, and it includes two new names. According to the team, guards Jules Bernard and Stanley Umude have signed Exhibit 10 contracts, filling out the 20-man roster.

Bernard, a 6’7″ swingman, went undrafted out of UCLA earlier this year. As a senior in 2021/22, he averaged 12.8 PPG and 4.7 RPG with a shooting line of .419/.337/.818 in 35 games (30.1 MPG). He subsequently played for the Pistons’ Summer League team in Las Vegas.

Umude, whose agreement with the Pistons was previously reported, spent his first four college seasons at South Dakota from 2017-21, averaging 21.6 PPG, 7.0 RPG, and 3.0 APG as a senior in 2020/21. He transferred to Arkansas for his “super-senior” season last year and played more of a complementary role for the Razorbacks, putting up 11.9 PPG, 4.6 RPG, and 1.1 APG on .460/.371/.724 shooting in 37 games (27.8 MPG).

Like Bernard, Umude went undrafted and then played for the Pistons’ Summer League team in July. Both players will likely end up playing for the Motor City Cruise, Detroit’s G League affiliate.

Here are a few more updates from the Pistons today:

While Kemba Walker is listed on Detroit’s training camp roster, he’s marked as “not with team,” which had been expected. Bojan Bogdanovic is the lone Piston missing from the team’s camp roster — while NBA.com’s transaction log indicates the trade sending him to Detroit was completed last Thursday, he may still need to conduct a physical with his new team before it’s officially official.
In a separate press release, the Pistons announced that guard Alec Burks will miss the start of training camp as he continues his rehab following a navicular fracture. Burks will be reevaluated in three weeks, according to the team.
Kevin Knox (right gastroc strain) and Nerlens Noel (reconditioning / plantar fasciitis) will be limited participants to open training camp, the Pistons announced.