Transactions Rumors | Hoops Rumors

Three Players Signed, Waived By Jazz

October 15th, 2022 at 7:34pm CST by Arthur Hill

The Jazz have placed forward Tyler Cook and guards Frank Jackson and Isaiah Miller on waivers, the team announced in a press release. Their signings were announced earlier today, as Andy Larsen of The Salt Lake Tribune tweets.

Cook, a 25-year-old forward, appeared in 20 games with the Bulls last season on a two-way contract. He entered the league with the Cavaliers in 2019 and has also played for the Nuggets, Pistons and Nets.

Jackson spent the past two seasons with the Pistons and played two years with the Pelicans as well. The 24-year-old guard was the 31st pick in the 2017 draft.

Miller, a 24-year-old point guard, was waived by the Trail Blazers earlier this week. He spent last season with the Iowa Wolves, Minnesota’s G League affiliate.

All three players are likely to end up with Utah’s G League team, the Salt Lake City Stars, once they clear waivers.

Raptors Sign, Waive Four Players

October 15th, 2022 at 7:00pm CST by Arthur Hill

The Raptors have signed and waived David Johnson, Reggie Perry, Christian Vital and Ryan Hawkins, tweets Blake Murphy of Sportsnet.ca. All four players got Exhibit 10 contracts and will be eligible for a bonus worth up to $50K if they spend at least 60 days with Raptors 905 in the G League.

Toronto selected Johnson with the 47th pick in the 2021 draft and signed him to a two-way contract last season. He saw minimal playing time in two NBA games, but averaged 11.5 points, 3.3 rebounds and 2.3 assists in 23 G League contests.

Perry played nine games for the Trail Blazers and one with the Pacers last season, all on 10-day contracts.

Vital joined the Raptors for Summer League action, and the team recently acquired his rights in a G League trade. Hawkins also played for Toronto’s Summer League team after going undrafted out of Creighton.

Pistons Waive Devontae Cacok, Stanley Umude

October 15th, 2022 at 6:33pm CST by Arthur Hill

The Pistons have waived forward Devontae Cacok and guard Stanley Umude, according to NBA.com’s official transactions log.

Both players held Exhibit 10 contracts and are likely to end up with Detroit’s G League affiliate, the Motor City Cruise. They will be eligible for a $50K bonus if they spend at least 60 days with the Cruise. Cacok signed with Detroit on Friday, while Umude joined the team in late September, shortly before the start of training camp.

The Pistons still have 16 players with fully guaranteed contracts, but they are expected to waive Kemba Walker before the deadline for rosters to be finalized Monday afternoon.

Hawks, Mavs, Celtics, Thunder, Spurs Make Minor Cuts

October 15th, 2022 at 6:32pm CST by Luke Adams

The Hawks, Mavericks, Celtics, Thunder, and Spurs have each waived a player who had been under contract on a non-guaranteed training camp deal, per NBA.com’s transaction log. Those cuts are as follows:

Atlanta Hawks: Jared Rhoden
Boston Celtics: Marial Shayok
Dallas Mavericks: Grant Riller
Oklahoma City Thunder: Scotty Hopson
San Antonio Spurs: Jalen Adaway

In each of these cases, the player’s stint on his team’s roster was short-lived and his deal was aimed at either securing his G League rights or ensuring that he receives a bonus worth up to $50K for returning to his old NBAGL team this season.

Adaway’s Exhibit 10 agreement with the Spurs was reported in August, but wasn’t actually completed until today — by the time we knew he had officially signed his contract, he had already been cut.

The Hawks, Celtics, and Mavericks are now in compliance with the NBA’s regular season roster limit. Atlanta and Dallas each have 14 players on standard contracts, while Boston has 15. The Mavs are expected to add Facundo Campazzo as a 15th man before the regular season begins next week.

The Thunder and Spurs still have more moves to make before their regular season rosters are set. Both teams are expected to waive players with guaranteed contracts, so there was no need to finalize those moves today, as we explained on Saturday morning.

Thunder Exercise Options For Giddey, Mann, Pokusevski

October 15th, 2022 at 6:19pm CST by Arthur Hill

The Thunder have picked up third-year options for guards Josh Giddey and Tre Mann and a fourth-year option for forward Aleksej Pokusevski, the team announced in a press release.

Giddey, the sixth pick in last year’s draft, is now locked into a $6,587,040 salary for the 2023/24 season. He was a member of the All-Rookie Second Team last season and was named Western Conference Rookie of the Month four times. He averaged 12.5 points, 7.8 rebounds and 6.4 assists in 54 games before a hip issue ended his season in February.

Mann, a part-time starter last season, will earn $3,191,400 in 2023/24. He averaged 10.4 points, 2.9 rebounds and 1.5 assists and ranked among the top 10 rookies in three-point percentage, free throw percentage and points scored.

Pokusevski will make $5,009,633 for the 2023/24 season and will be eligible for restricted free agency that summer. The 17th pick in the 2020 draft, Pokusevski averaged 7.6 points, 5.2 rebounds and 2.1 assists last season.

Bucks Cut Lindell Wigginton, Marques Bolden

October 15th, 2022 at 6:11pm CST by Luke Adams

The Bucks have waived guard Lindell Wigginton and center Marques Bolden as they prepare for the regular season, per NBA.com’s transaction log.

Wigginton, 24, played 19 games (10.5 MPG) as a rookie for Milwaukee last season while on a two-way contract, averaging 4.2 PPG, 1.3 RPG and 1.2 APG. The Canadian point guard spent most of last season with the Bucks’ G League affiliate, the Wisconsin Herd, averaging 16.7 PPG, 5.1 RPG and 4.9 APG in 25 total games.

Bolden, 24, has spent most of his professional career in the G League since going undrafted out of Duke in 2019. In 69 career appearances for the Cavaliers’ and Jazz’s NBAGL affiliates, he has averaged 10.2 PPG, 7.4 RPG, and 1.6 BPG in 23.1 minutes per contest. The big man also spent time in the NBA with Cleveland from 2019-21, first on a 10-day contract and later on a two-way deal, playing a very limited role in seven games for the Cavs.

The Bucks also signed and waived former second-round pick Elijah Hughes today, per NBA.com. That move will secure Hughes’ G League rights for the Wisconsin Herd, Milwaukee’s affiliate.

Hughes spent most of his first two NBA seasons in Utah, playing sparingly for the Jazz, then was traded to Portland along with Joe Ingles at the 2022 deadline. He averaged 3.8 PPG and 1.9 RPG with a dismal .296/.224/.667 shooting line in 22 games (14.6 MPG) for the Blazers down the stretch.

The Bucks now have 15 players on standard guaranteed contracts and a pair on two-way deals, so they’re set for the regular season.

Spurs Waive Alize Johnson

October 15th, 2022 at 6:04pm CST by Arthur Hill

The Spurs have placed Alize Johnson on waivers, tweets Michael Scotto of Hoops Hype.

The move was confirmed by Tom Orsborne of The San Antonio Express-News (Twitter link), who adds that the team still has one roster cut to make before Monday afternoon’s deadline. He points to Joe Wieskamp and Romeo Langford as being “on the bubble.”

Johnson joined the Spurs in August on a training camp deal. It was non-guaranteed and included an Exhibit 9 clause, which carries fewer protections than the more common Exhibit 10.

The 26-year-old power forward started last season with the Bulls before being waived in mid-December. He signed a 10-day contract with the Wizards later that month, then inked a pair of 10-day deals with the Pelicans in March. He played 23 combined games with the three teams, averaging 1.8 points and 2.7 rebounds in 7.3 minutes per night.

Johnson broke into the league with the Pacers, who made him the 50th pick in the 2018 draft. He also spent time with the Nets.

Heat Waive D.J. Stewart, Jon Elmore

October 15th, 2022 at 6:00pm CST by Luke Adams

The Heat made a pair of roster cuts today, waiving guards D.J. Stewart Jr. and Jon Elmore, according to NBA.com’s transaction log.

Stewart is a 23-year-old guard who went undrafted out of Mississippi State in 2021 and spent most of his rookie season playing for the Sioux Falls Skyforce, Miami’s G League affiliate. In 36 total NBAGL regular season appearances for the Skyforce and the Austin Spurs last season, Stewart averaged 17.6 PPG, 4.5 RPG, and 3.1 APG on .480/.361/.764 shooting in 34.1 minutes per contest.

Miami claimed Stewart off waivers from Dallas on Friday, and it appears the plan is to have him report back to the Skyforce to open the 2022/23 season.

Elmore is likely also headed for the Skyforce after spending a day with the Heat on an Exhibit 10 contract. The 26-year-old went undrafted in 2019 after a standout college career at Marshall. He has played professionally for European clubs in Italy, Hungary, Greece and Lithuania over the past three years.

With today’s cuts, the Heat’s roster now appears set for the regular season. The team has 13 players on guaranteed contracts, Haywood Highsmith with a partial guarantee, and Dru Smith and Jamal Cain on two-way deals.

Suns Waive Timothe Luwawu-Cabarrot, Adonis Arms

October 15th, 2022 at 5:36pm CST by Arthur Hill

The Suns have waived Timothe Luwawu-Cabarrot and Adonis Arms, the team announced in a press release relayed by Gerald Bourguet of PHNX Sports (Twitter link). Phoenix also confirmed that it has waived Saben Lee, whose release showed up earlier this week on NBA.com’s transactions log.

The moves bring the team’s roster down to 14 players, plus two on two-way deals. The Suns have 13 players with fully guaranteed contracts, along with Jock Landale, who appears to have made the team with a partially guaranteed deal.

Luwawu-Cabarrot has been a journeyman since being selected with the 24th pick in the 2016 draft, playing for five teams in six years. He appeared in 52 games with the Hawks last season and signed with Phoenix shortly before the start of training camp.

Arms signed with the Suns on Tuesday after he was waived by the Nuggets. Phoenix doesn’t have a G League team, so it’s not able to secure Arms’ G League rights.

Warriors Sign Andrew Wiggins To Four-Year Extension

October 15th, 2022 at 4:25pm CST by Luke Adams

The Warriors have signed former No. 1 overall pick Andrew Wiggins to a contract extension, according to NBA.com’s official transaction log.

After Wiggins’ surprise extension showed up in the transaction log, his agents Drew Morris and Steven Heumann of CAA Sports confirmed the deal, telling ESPN’s Adrian Wojnarowski and Kendra Andrews (Twitter link) that it’s a four-year, $109MM extension.

The deal includes a player option on year four, Wojnarowski adds (via Twitter).

Wiggins, 27, enjoyed perhaps the best year of his career in 2021/22 with the Warriors. Although he fell short of the scoring averages he posted in earlier seasons with the Timberwolves, he earned his first All-Star nod and emerged as a reliable two-way player, making a career-high 39.3% of his three-pointers and handling challenging defensive assignments on the wing.

Wiggins averaged 17.2 PPG, 4.5 RPG, and 2.2 APG in 73 games (31.9 MPG) during the regular season, then played a crucial role in the Warriors’ title run, putting up 16.5 PPG, 7.5 RPG, and 1.8 APG on .469/.333/.646 shooting in 22 playoff contests (34.9 MPG).

Having signed a five-year, maximum-salary rookie scale extension while he was still in Minnesota, Wiggins will earn $33,616,770 this season in the final year of that deal, then take a pay cut on his new extension, which will be worth just over $27MM per year. According to Anthony Slater of The Athletic (Twitter link), Wiggins’ salary will dip to about $24.3MM in the first year of his next contract, which begins in 2023/24.

Wiggins’ agreement comes on the heels of Jordan Poole striking a four-year, $123MM+ deal with the Warriors earlier today. Golden State has now made nine-figure commitments to two of its key extension-eligible rotation players in less than 24 hours, further increasing the franchise’s record-setting payroll in the coming years.

With Wiggins and Poole locked up, the future of Draymond Green looms as a major question mark for the Warriors. Although it’s still possible that he’ll remain in Golden State for years to come, Green probably can’t realistically expect to receive a long-term contract that has an average annual value matching or exceeding his $27.6MM option for 2023/24.

If Green picks up that option, the cost of the Warriors’ ’23/24 roster – taking into account both player salaries and luxury tax penalties – is projected to exceed $500MM, according to ESPN’s Bobby Marks (Twitter link).