Transactions Rumors | Hoops Rumors

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).

Knicks Waive James Akinjo, Jalen Harris, DaQuan Jeffries

October 15th, 2022 at 4:23pm CST by Arthur Hill

The Knicks have waived James Akinjo, Jalen Harris and DaQuan Jeffries, the team announced (via Twitter). All three were on Exhibit 10 contracts, so they are likely to wind up with Westchester in the G League.

The moves leave New York with 15 players on standard contracts, including non-guaranteed deals for Ryan Arcidiacono and Svi Mykhailiuk. A report earlier today confirmed that Arcidiacono has earned a roster spot, and it appears Mykhailiuk has as well.

Akinjo, a 21-year-old guard, just signed with the Knicks on Friday. He went undrafted out of Baylor and played for the Hawks during Summer League.

Harris is attempting to make a comeback after a one-year ban for violating the NBA’s anti-drug program. The 24-year-old shooting guard played 13 games for the Raptors during the 2020/21 season.

Jeffries, a 25-year-old shooting guard, appeared in three games for the Grizzlies last season after signing a 10-day contract at the start of January. He has also spent time with the Kings and Rockets.

Kings Waive Sam Merrill, Set Roster For Season

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

Veteran guard Matthew Dellavedova and forwards KZ Okpala and Chima Moneke have claimed the final three spots on the Kings‘ 15-man roster to open the regular season, according to ESPN’s Adrian Wojnarowski (Twitter link).

Veteran wing Sam Merrill had also been vying for a regular season roster spot, but the Kings have opted to waive him, as Jason Anderson of The Sacramento Bee tweets.

The team also cut Jeriah Horne and Alex O’Connell, per James Ham of ESPN 1320 Sacramento (Twitter link), who says the plan is for both players to join the Stockton Kings, Sacramento’s G League affiliate.

Okpala earned some starts at power forward for Sacramento this preseason and always seemed like a safe bet to make the roster. Dellavedova, meanwhile, looked like a logical keeper after the team waived another veteran point guard, Quinn Cook. Moneke has spent the last several years playing in international leagues and will be getting his first shot in the NBA as a 26-year-old rookie.

Okpala and Moneke currently have partial guarantees worth $250K and will earn another $250K if they remain on the roster through Wednesday. Dellavedova is on a non-guaranteed contract and will also get $250K for sticking through Wednesday.

Merrill’s contract included a $150K partial guarantee. The Kings will be on the hook for that amount unless he’s claimed on waivers on Monday.

Nuggets Waive Chasson Randle, Grant Golden

October 15th, 2022 at 3:52pm CST by Rory Maher

The Nuggets have waived guard Chasson Randle and undrafted rookie forward Grant Golden, according to Mike Singer of The Denver Post, who adds that both players are expected to land with the Grand Rapids Gold, Denver’s G League affiliate (Twitter links).

Randle and Golden were signed to Exhibit 10 contracts, so they could each receive a bonus worth up to $50K if they spend at least 60 days with the Gold.

Randle, 29, has appeared in a total of 119 NBA regular season games for the Sixers, Knicks, Wizards, Warriors and Magic since making his debut in January 2017. He holds career averages of 5.7 points, 1.4 rebounds and 1.8 assists on .401/.361/.799 shooting in 16.1 minutes per contest.

Golden, 24, spent his entire college career at Richmond, averaging 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.

The Nuggets now have a full 15-man standard roster (all on guaranteed contracts) and both two-way slots filled, so it appears as though their regular season roster is set.

Wizards Convert Jordan Goodwin To Two-Way Deal, Waive Four Players

October 15th, 2022 at 3:45pm CST by Luke Adams

3:45pm: The Wizards have, as expected, waived Sword, Dotson, and Jackson, the team confirmed in a press release.

The Wizards also announced that they signed and waived center Jaime Echenique today. He’s a safe bet to return to the Capital City Go-Go, Washington’s G League affiliate, which is where he spent most of last season.

The team’s roster is now set for the regular season, with 15 players on standard contracts and a pair on two-ways.

2:03pm: The Wizards have converted Jordan Goodwin‘s Exhibit 10 contract into a two-way deal, according to NBA.com’s transaction log.

Goodwin, who will turn 24 next Sunday, spent his rookie season in the Wizards’ organization after going undrafted out of Saint Louis in 2021. For most of the year, he was a member of the Capital City Go-Go, averaging 16.1 PPG, 6.1 RPG, 4.6 APG, and 2.0 SPG with a .412/.302/.792 shooting line in 31 NBAGL games (32.4 MPG).

Goodwin also got a chance to make his NBA debut when he was signed to a 10-day hardship contract in December. He appeared in two games for Washington during that time.

The Wizards had been carrying four players on Exhibit 10 contracts. Goodwin’s conversion to a two-way deal likely means that Craig Sword, Devon Dotson, and Quenton Jackson will be waived. That would leave the team with 15 players on guaranteed standard contracts, plus Goodwin and Jordan Schakel on two-ways.

Grizzlies Waive Killian Tillie, Pick Up Options On Three Players

October 15th, 2022 at 3:40pm CST by Luke Adams

The Grizzlies have officially completed a series of roster moves, setting their roster for the 2022/23 regular season and picking up multiple rookie scale options for ’23/24.

Most notably, Memphis has waived big man Killian Tillie, whose expiring $1,901,625 salary is fully guaranteed. Tillie has spent the last two seasons with the Grizzlies, averaging 3.3 PPG and 1.7 RPG in 36 games (12.8 MPG) in 2021/22.

The Grizzlies had 16 players with fully or partially guaranteed contracts, so one of them had to be cut to get to the 15-man regular season limit. Tillie, who will still receive his full salary, was the odd man out, as the club opted to keep Danny Green while he recovers from an ACL tear.

Memphis also waived Dakota Mathias, who was signed to an Exhibit 10 contract earlier in the week for G League purposes. Mathias is expected to report to the Memphis Hustle, the Grizzlies’ NBAGL affiliate.

The Grizzlies also announced today that they’ve exercised their 2023/24 team options on Desmond Bane, Ziaire Williams, and Santi Aldama. All three players will now have guaranteed salaries for ’23/24, with Bane earning $3,845,083, Williams earning $4,810,200, and Aldama making $2,194,200.

The moves had been expected, since Bane, Williams, and Aldama all appear set to play regular rotation roles for Memphis this coming season.

Clippers Sign, Waive Bryson Williams

October 15th, 2022 at 3:37pm CST by Dana Gauruder

3:37pm: As expected, the Clippers have waived Williams, per a team announcement.

10:41am: The Clippers have signed Bryson Williams, the team announced today.

The rookie power forward out of Texas Tech went undrafted this year. He played five summer league games with the Heat.

Williams averaged 14.1 points and 4.2 rebounds in 37 games last season with the Red Raiders.

It’s likely Williams will soon be waived and then join the Ontario Clippers, L.A.’s G League affiliate. Williams would be eligible for a bonus up to $50K if he stays with that club for at least 60 days.

Cavs Exercise Options On E. Mobley, Okoro; Waive Five Players

October 15th, 2022 at 3:36pm CST by Rory Maher

The Cavaliers are exercising their 2023/24 rookie scale options on Evan Mobley and Isaac Okoro, sources tell Chris Fedor of Cleveland.com (Twitter link). The team has officially confirmed the moves (Twitter link).

The news was expected, as both 21-year-olds are key members of a young Cleveland squad. Mobley will earn $8,882,640 in his third season, while Okoro will make $8,920,795 in his fourth. Exercising Okoro’s fourth-year option also makes him eligible for a rookie scale extension next summer.

Mobley was the Rookie of the Year runner-up in ’21/22 after averaging 15 PPG, 8.3 RPG, 2.5 APG and 1.7 BPG in 69 games (33.8 MPG). The 7’0″ big man was the third overall pick in 2021.

Okoro was the fifth overall pick in 2020. The 6’5″ wing is an impressive athlete and strong defender, but needs to develop his offensive game. He’s averaged 9.2 PPG, 3.0 RPG, 1.9 APG and 0.9 SPG over his first two seasons (134 games, 31 MPG).

In unrelated news, the Cavs have waived Mamadi Diakite, Sharife Cooper, Nate Hinton, Jamorko Pickett and RJ Nembhard, tweets Kelsey Russo of The Athletic. The team officially confirmed the roster cuts (via Twitter). The Cavs now have 14 players on standard contracts and one two-way spot open after waiving Nembhard.

The Cavaliers plan to keep their 15th standard roster spot open to start the season, according to Fedor (Twitter link), who adds that Cooper, Hinton and Pickett are expected to join the Cleveland Charge, the Cavs’ G League affiliate. If they spend at least 60 days with the Charge, they could each receive a bonus worth up to $50K due to their Exhibit 10 contracts.

Diakite had a strong preseason showing for the Cavs, and Fedor wondered last night if they might keep him around. Obviously he won’t receive the final standard roster spot right now, but there’s a chance they could re-sign him to a two-way contract if he clears waivers. He was on an Exhibit 9 training camp deal, which cannot be converted into a two-way deal.

Lakers Cut Shaq Harrison, Jay Huff, Nate Pierre-Louis

October 15th, 2022 at 3:19pm CST by Luke Adams

The Lakers have waived guard Shaquille Harrison, center Jay Huff, and guard Nate Pierre-Louis, the team announced today in a press release.

The cuts had been expected after word broke that sharpshooter Matt Ryan secured a spot on the Lakers’ 15-man regular season roster. The team is carrying 12 players on fully guaranteed contracts, plus Ryan, Austin Reaves, and Wenyen Gabriel on non-guaranteed deals.

Harrison, Huff, and Pierre-Louis were all with the Lakers on non-guaranteed training camp contracts that included Exhibit 10 language. All three are candidates to join the South Bay Lakers, L.A.’s G League affiliate, assuming they clear waivers.

While it’s possible that a last-minute move is coming, the Lakers’ roster is now set for the regular season, with 15 players on standard contracts and a pair on two-way deals.