Transactions Rumors | Hoops Rumors

Nuggets Pick Up 2025/26 Options On Braun, Strawther, Watson

October 10th, 2024 at 11:04am CST by Dana Gauruder

The Nuggets have picked up the 2025/26 rookie scale team options for Christian Braun, Julian Strawther and Peyton Watson, the team announced (via Twitter).

The front office’s decisions on their contracts come as no surprise, since the trio will all play prominent roles in Denver this season. Braun and Strawther are battling for the starting job vacated by Kentavious Caldwell-Pope, while Watson is one of the team’s top reserves.

Braun’s fourth-year option is worth $4,921,797, while Strawther’s third-year option is worth $2,674,148. The fourth-year option on Watson’s contract is pegged at $4,356,476.

Those were the only option decisions Denver needed to make before the Oct. 31 deadline.

Braun and Watson will be eligible for rookie scale extensions next offseason. The Nuggets will have until the end of October 2025 to make a decision on Strawther’s fourth-year option for 2026/27.

Clippers Waive RayJ Dennis, Re-Sign Elijah Harkless

October 9th, 2024 at 3:25pm CST by Luke Adams

3:25pm: The Clippers wasted little time in filling their open roster spot, announcing that they’ve re-signed free agent guard Elijah Harkless, who was on an Exhibit 10 contract earlier this summer but was waived before camp began.

Harkless played for the Clips’ G League affiliate last season and will likely report back to the team this fall, but it looks like he’ll get a chance to spend some time with the NBA club and perhaps play in a preseason game before he heads to San Diego.

3:12pm: Camp invitee RayJ Dennis has been placed on waivers by the Clippers, the team announced today. The move leaves L.A. with 20 players under contract, one shy of the preseason limit.

Dennis signed an Exhibit 10 contract with the Clippers last month after going undrafted out of Baylor in June. A fifth-year super-senior with the Bears in 2023/24, the 6’2″ point guard averaged 13.6 points, 6.7 assists, and 3.9 rebounds in 34.3 minutes per game across 35 contests (all starts). His shooting line was .479/.328/.731.

Dennis went scoreless in 11 of minutes of action in the Clippers’ first preseason game on Saturday, then was the only one of 17 active players not to see the floor at all in the team’s second preseason contest on Tuesday.

Barring something unexpected, Dennis’ next stop will probably with the San Diego Clippers, L.A.’s G League affiliate. If he spends at least 60 days with San Diego, the rookie will receive an Exhibit 10 bonus worth $77.5K on top of his standard NBAGL salary.

Knicks Waive Damion Baugh, Alex O’Connell

October 9th, 2024 at 10:58am CST by Luke Adams

After cutting Boo Buie earlier today in order to sign Moses Brown to an Exhibit 10 contract, the Knicks have parted with two more players, announcing (via Twitter) that Damion Baugh and Alex O’Connell have been placed on waivers.

New York initially signed Baugh and O’Connell to Exhibit 10 deals a week ago. They spent training camp with the Knicks, though neither saw any action in the team’s preseason opener on Sunday.

The plan is likely for both players to report to the Westchester Knicks, where they’ll receive bonuses worth $77.5K apiece if they spend at least 60 days with New York’s G League affiliate.

Westchester acquired O’Connell’s returning rights in a trade with the Stockton Kings last month and will need to do the same with Baugh’s rights, which are still controlled by the South Bay Lakers.

New York now has 19 players under contract, including 12 on guaranteed deals and three on two-ways. It’s possible the club will continue to use those openings at the back end of its roster to shuffle players in and out for G League purposes in the next week-and-a-half. The Knicks must set their regular season roster by October 21.

Hornets Waive Duane Washington

October 9th, 2024 at 8:59am CST by Luke Adams

One week after acquiring him via sign-and-trade in the three-team Karl-Anthony Towns blockbuster, the Hornets have waived guard Duane Washington, the club announced today in a press release.

The move had been expected, since Washington was only included in the Towns trade for salary-matching purposes — if he hadn’t been part of the deal, New York would have had to add another player from its active roster to the deal to make it a legal trade. Even though he never actually appeared in a game for them, the Knicks were able to sign-and-trade Washington because he finished last season on a two-way contract with the club.

Prior to being signed-and-traded from New York to Charlotte, Washington had been playing for KK Partizan in Belgrade, Serbia. The Knicks had to pay Partizan a buyout (believed to be worth $850K) to free him up for the Towns deal. The expectation is that the 24-year-old will now rejoin the Serbian club on a new contract.

Washington’s $2,162,607 salary for 2024/25 was fully guaranteed and will remain on the Hornets’ books for the rest of the season. However, Charlotte acquired more than enough cash from New York in the Towns trade ($7.2MM) to cover the salaries for Washington and the two others players sent to the Hornets (DaQuan Jeffries and Charlie Brown).

The second and third years of Washington’s contract were non-guaranteed, so they’ll come off Charlotte’s cap now that he has been placed on waivers.

As a result of the transaction, the Hornets are now carrying 15 players on fully guaranteed contracts, with Taj Gibson on a minimum-salary contract that’s partially guaranteed for about $1.08MM. In all likelihood, Charlotte will end up waiving at least one of Jeffries or Brown prior to opening night in order to make room for Gibson on the team’s 15-man regular season roster.

Celtics Sign Jay Scrubb, Waive Tristan Enaruna

October 9th, 2024 at 7:51am CST by Luke Adams

The Celtics have made a change at the back end of their 21-man preseason roster, signing free agent guard Jay Scrubb and waiving forward Tristan Enaruna, according to the official transaction logs at RealGM and NBA.com.

Bobby Manning of CLNS, who first reported during the offseason that Boston was expected to sign Scrubb to an Exhibit 10 contract once he had fully recovered from his ACL injury, confirms (via Twitter) that the 24-year-old did in fact receive an Exhibit 10 deal.

A second-round pick in 2020, Scrubb appeared in 24 games for the Clippers and Magic across his first three NBA seasons. He signed a two-way contract with the Celtics last July, but tore his right ACL during a practice during the preseason and was waived before the regular season began. The 6’5″ shooting guard announced on Instagram on Tuesday that he has been “fully cleared,” approximately a year after sustaining that knee injury.

Scrubb remains eligible for a two-way contract, so his Exhibit 10 deal could be converted before opening night. However, it’s more likely that he’ll be waived and will report to the Maine Celtics, Boston’s G League affiliate. Maine acquired Scrubb’s returning rights from the South Bay Lakers last month.

If Scrubb is waived and then spends at least 60 days with the Celtics’ NBAGL team, he’ll earn an Exhibit 10 bonus worth up to $77.5K.

Nuggets Sign Richardson, Funk, Bediako To Exhibit 10 Deals

October 8th, 2024 at 5:42pm CST by Dana Gauruder

The Nuggets have signed Will Richardson, Andrew Funk and Charles Bediako, according to a team press release. All three players signed Exhibit 10 deals, according to the Denver Gazette’s Vinny Benedetto (Twitter link).

The Nuggets made room for the trio by waiving Gabe McGlothan, Jaylin Williams, and Jahmir Young.

Richardson went undrafted in 2023 before signing with the Grand Rapids Gold last season. The former Oregon guard averaged 7.0 points, 2.1 rebounds and 2.9 assists in 17.8 minutes per contest for Denver’s G League affiliate.

Funk also went undrafted last year before joining the Nuggets during training camp. Funk, who played college ball at Bucknell and Penn State, also appeared in four of the Nuggets’ Summer League games in 2023. He eventually signed a two-way contract with the Bulls in February, but was waived in July.

The seven-foot Bediako played two college season at Alabama. Bediako, who was also undrafted in 2023, has appeared in Summer League games for both the Spurs and the Magic. Denver’s intent to sign Bediako was previously reported.

It’s likely all three will be waived. They’ll each be eligible for a bonus worth up to $77.5K if they join the Gold and remain with the G League club for at least 60 days.

Jazz Cut Max Abmas, Taevion Kinsey, Isaiah Wong

October 8th, 2024 at 2:21pm CST by Luke Adams

The Jazz have trimmed their preseason roster from 21 players to 18, announcing today in a press release that they’ve waived camp invitees Max Abmas, Taevion Kinsey, and Isaiah Wong.

Abmas, Kinsey, and Wong joined Utah in September on non-guaranteed Exhibit 10 contracts. They remained on the roster through training camp and a pair of preseason games, but none of them saw any action in either of those contests.

In all likelihood, the trio is now headed for the Salt Lake City Stars, the Jazz’s G League affiliate. Hoops Rumors can confirm all three players received maximum Exhibit 10 bonuses, so as long as they spend at least 60 days with the Stars, they’ll earn $77.5K apiece on top of their standard G League salaries.

Utah is now carrying 15 players on guaranteed standard contracts and three on two-way deals. The team will likely enter the regular season with those 18 players, but could continue to shuffle others in and out of the final three spots on its 21-man preseason roster for G League rights/bonus purposes during the next couple weeks.

Mavericks Waive A.J. Lawson

October 8th, 2024 at 12:31pm CST by Luke Adams

The Mavericks have waived shooting guard A.J. Lawson, the team announced today (via Twitter).

Although Lawson was on a non-guaranteed contract, his release is a little more notable than many roster cuts this month, since he was on a standard multiyear deal that had carried over to this season, rather than an Exhibit 10/training camp contract.

Lawson, 24, signed a two-year, two-way contract with Dallas back in December 2022, shortly after being waived by Minnesota. He remained on that deal until March 2024, when he was promoted to the standard roster on a new four-year contract that was only guaranteed for the remainder of the 2023/24 season.

Lawson appeared in a total of 56 NBA games for the Mavericks during his two seasons with the team, including 42 in 2023/24. He averaged 3.4 points and 1.3 rebounds in 7.4 minutes per contest and posted a shooting line of .457/.307/.548 at the NBA level. The former South Carolina standout also played seven times for the Texas Legends in the G League last season, averaging 20.7 PPG and 7.0 RPG with a .530 FG%.

Dallas is carrying 14 players on guaranteed contracts. Veteran forward Markieff Morris, who has a non-guaranteed salary, is considered the heavy favorite to claim the 15th standard roster spot, assuming the team carries a full roster to open the season.

It’s worth noting that the Mavs do have a two-way slot available, so if they still like Lawson and want to bring him back, they could re-sign him to a two-way contract as long as he clears waivers — his multiyear deal wasn’t eligible to be directly converted into a two-way.

Hawks Sign, Waive Tony Bradley

October 8th, 2024 at 9:11am CST by Dana Gauruder

OCTOBER 8: The Hawks have put out a second press release indicating that Bradley has been waived.

The quick turnaround signals that he was signed for G League purposes and will receive an Exhibit 10 bonus if he spends at least 60 days with the Skyhawks, as noted below.

OCTOBER 7: The Hawks have signed center Tony Bradley, according to a team press release.

Bradley, a six-year NBA veteran, has appeared in 179 NBA contests (18 starts) over the course of his career with Utah (2017-20), Philadelphia (2020-21), Oklahoma City (2020-21) and Chicago (2021-23), averaging 4.4 points and 4.1 rebounds in 11.1 minutes.

He was signed and waived by the Mavericks during training camp last season. He then spent the 2023/24 campaign with the Texas Legends, the Mavericks’ affiliate in the NBA G League. He appeared in 17 games (10 starts), averaging 14.0 points, 9.4 rebounds, 1.9 assists and 1.7 blocks in 21.3 minutes.

The signing of Bradley brings Atlanta to full training camp roster of 21 players. It’s likely to be an Exhibit 10 deal, which would make him eligible for a bonus up to $77.5K if he’s waived and then spends at least 60 days with the College Park Skyhawks, who acquired his returning rights from the Legends last month.

Nuggets Waive Three Camp Invitees

October 8th, 2024 at 7:11am CST by Luke Adams

The Nuggets have waived forwards Gabe McGlothan and Jaylin Williams, along with guard Jahmir Young, according to NBA.com’s official transaction log. McGlothan, Williams, and Young were in camp with Denver on Exhibit 10 deals.

With the Nuggets carrying 15 players on guaranteed contracts and three on two-way contracts, it always appeared the plan was to have the trio eventually report to the Grand Rapids Gold, Denver’s G League affiliate. That’s likely to be the next stop for all three players, who will receive Exhibit 10 bonuses worth $77.5K apiece if they spend at least 60 days with the Gold.

Young got a chance to play 14 minutes in the team’s second exhibition game in Abu Dhabi against Boston on Sunday and delivered eight points, two rebounds, and two assists. However, Williams (not to be confused with the Jaylin Williams in Oklahoma City) didn’t see action in either of those preseason contests and McGlothan appeared only very briefly in Friday’s game, checking in with three seconds left in the fourth quarter.

The cuts leave Denver with 18 players on its roster, three shy of the preseason limit. The Nuggets have reportedly reached an agreement to sign big man Charles Bediako and it wouldn’t be a surprise if they rotate other players in and out of those back-end roster spots before the season begins, primarily for G League purposes.

Signing and waiving players on Exhibit 10 contracts before the season allows teams to secure players’ NBAGL rights and/or ensure those players will receive bonus money for spending 60+ days with the team’s G League affiliate.