Transactions Rumors | Hoops Rumors

Magic Waive Devin Cannady, Jay Scrubb, Simi Shittu

October 15th, 2022 at 9:33am CST by Luke Adams

The Magic have waived guards Devin Cannady and Jay Scrubb, along with big man Simisola Shittu, the team announced today in a press release.

Cannady finished the 2021/22 season in Orlando, signing a multiyear deal that kept him under contract with the team offseason. However, his ’22/23 salary was non-guaranteed, so he had an uphill battle to crack the regular season roster on a team that already had 15 players on guaranteed contracts.

Cannady averaged 10.0 PPG and 2.0 APG in five games (29.0 MPG) with the Magic last season, knocking down 15-of-37 three-pointers (40.5%) in those five appearances.

Scrubb and Shittu both signed their Exhibit 10 contracts within the last week, so it comes as no surprise that they’ve been released. There’s a good chance we’ll see both players suit up for the Lakeland Magic, Orlando’s G League affiliate, and it’s possible Cannady will join them — Lakeland still holds his returning rights.

The Magic now have a legal regular season roster, with 15 players on standard contracts and a pair on two-way deals. It’s unclear if the club intends to make any more moves between now and Monday’s roster deadline.

Thunder Sign Scotty Hopson, Waive Adam Mokoka

October 15th, 2022 at 9:14am CST by Luke Adams

The Thunder have signed free agent guard Scotty Hopson, waiving recently signed guard Adam Mokoka to create room on their 20-man preseason roster, the team announced on Saturday.

Hopson, who appeared in one game for the Thunder last season while on a 10-day contract, has been a regular for the Oklahoma City Blue for the last few seasons. In 2021/22, he averaged 13.5 PPG, 4.8 RPG, and 3.2 APG in 32 games (27.8 MPG) for OKC’s G League team.

Mokoka, 24, spent two seasons on a two-way contract with the Bulls from 2019-21. During that time, he appeared in 25 games at the NBA level, averaging 1.9 points in 6.7 minutes per game. The Frenchman returned to his native country last year to spend the season with Nanterre 92.

Mokoka will likely report to the OKC Blue as an affiliate player, while Hopson figures to join the Blue as a returning-rights player once he has been waived, which could happen later today. Assuming both players signed Exhibit 10 contracts, they’ll be eligible to earn bonuses worth up to $50K if they spend at least 60 days with the Blue.

The Thunder still have a full 20-man roster and will need to get down to 17 players (15 on standard contracts, plus two on two-way deals) by Monday evening.

Bulls Cut Carlik Jones, Okaro White

October 15th, 2022 at 8:18am CST by Luke Adams

The Bulls have made multiple cuts, waiving guard Carlik Jones and forward Okaro White, according to NBA.com’s transaction log. The team also officially released two-way player Justin Lewis, as was reported on Friday.

Jones had been in camp with the Bulls in recent weeks after a strong Summer League showing with the team. He appeared in three preseason games. White, meanwhile, just signed with Chicago earlier this week.

It’s possible – but not certain – that both players will end up suiting up for the Windy City Bulls, Chicago’s G League affiliate.

Lewis, meanwhile, is recovering from an ACL injury and is expected to remain around the team as he goes through his rehab process, as K.C. Johnson of NBC Sports Chicago reported on Friday.

The Bulls now have 15 players on standard contracts and a pair on two-way deals, so their roster is ready for the regular season, though that doesn’t mean they won’t make any last-minute moves before Monday’s deadline.

Hawks Claim Jared Rhoden

October 15th, 2022 at 8:10am CST by Dana Gauruder

The Hawks have claimed guard Jared Rhoden, according to the NBA transactions log. Rhoden was waived earlier this week by the Trail Blazers.

It’s unlikely Rhoden will wind up on Atlanta’s 15-man opening night roster. By claiming him, the Hawks can make him an affiliate player with the College Park Skyhawks, since he was on an Exhibit 10 deal. Portland doesn’t have a G League affiliate.

He can become an affiliate player with Atlanta’s franchise if he’s waived and then joins the Skyhawks.

Rhoden, who went undrafted out of Seton Hall in June, played for Sacramento’s Summer League teams in July before signing a training camp contract with Portland.

Pacers Waive Langston Galloway, Deividas Sirvydis

October 15th, 2022 at 6:37am CST by Luke Adams

The Pacers have cut a pair of veterans from their preseason roster, announcing in a press release that they’ve placed guard Langston Galloway and swingman Deividas Sirvydis on waivers.

In a series of corresponding moves, the team has completed its previously reported deals with forward Jermaine Samuels and guards Tevin Brown and Eli Brooks. All three players, who reached Exhibit 10 agreements with Indiana shortly after going undrafted in June and have now officially signed their contracts, will likely be waived on Saturday, clearing a path for them to join the Fort Wayne Mad Ants, the Pacers’ G League affiliate.

Galloway has appeared in over 450 regular season NBA games, spending time with the Knicks, Pelicans, Kings, Pistons, Suns, Nets, and Bucks since entering the league in 2014. He has averaged 8.1 PPG on .397/.368/.816 shooting during that time, though he hasn’t played significant minutes since his last season in Detroit in 2019/20.

Sirvydis, 22, was the No. 37 pick in the 2019 draft. Born in Lithuania, he holds two years of NBA experience with the Pistons and played for the Pelicans’ Summer League team in July, averaging 15.5 PPG in just 22.5 minutes per game in four contests.

Galloway’s deal with the Pacers didn’t include an Exhibit 10 clause, but Sirvydis’ did, and the Mad Ants acquired his G League rights over the summer, so he’s a candidate to head to Fort Wayne as a returning-rights player.

Not counting their three new Exhibit 10 signees, the Pacers are carrying 17 players — 13 on guaranteed contracts, Oshae Brissett and James Johnson on non-guaranteed deals, and Kendall Brown and Trevelin Queen on two-way pacts.

Warriors Convert Ty Jerome, Anthony Lamb To Two-Way Contracts

October 15th, 2022 at 5:59am CST by Luke Adams

The Warriors have made a series of roster moves in advance of the regular season deadline, announcing that they’ve converted guard Ty Jerome and swingman Anthony Lamb to two-way contracts while waiving guards Jerome Robinson and Pat Spencer (Twitter links).

All four players were in training camp on Exhibit 10 contracts, which can be converted to two-way deals or can make a player eligible for a bonus worth up to $50K if he spends at least 60 days with the team’s G League affiliate. Robinson and Spencer look like candidates to take the latter route and join the Santa Cruz Warriors if they clear waivers.

The 24th pick in the 2019 draft, Jerome spent his rookie season with the Suns before being sent to the Thunder as part of the Chris Paul trade. The 6’5″ guard, who helped Virginia win an NCAA championship in 2018/19, spent the last two seasons with Oklahoma City, averaging 8.6 PPG, 2.1 RPG and 2.6 RPG on .410/.353/.790 shooting in 81 total games with the Thunder (19.6 MPG). He was traded to Houston last month and was subsequently waived by the Rockets.

Lamb went undrafted out of Vermont in 2020 and signed a two-way contract with the Rockets during the ’20/21 season, appearing in 24 games (17.3 MPG) while averaging 5.5 PPG and 2.9 RPG on .390/.324/.857 shooting. He spent most of last season in the G League with Houston’s affiliate, the Rio Grande Valley Vipers, averaging 17.3 PPG, 8.2 RPG, 4.8 APG and 1.3 BPG on .466/.390/.757 shooting in 31 regular season games (34.4 MPG).

Jerome and Lamb will provide depth in the Warriors’ backcourt and are eligible to play in up to 50 regular season games on their two-way deals. They’ll earn $508,891 apiece this season.

While it’s possible Golden State will sign-and-waive more players on Saturday, the team’s roster looks fairly set for the regular season. The Warriors will keep the 15th spot on their standard roster open to start the year, tweets Anthony Slater of The Athletic.

Jazz Waive Stanley Johnson

October 14th, 2022 at 11:46pm CST by Rory Maher

The Jazz have waived forward Stanley Johnson, according to Sarah Todd of The Deseret News (Twitter link).

The Jazz are facing a roster crunch with 17 players on guaranteed standard contracts, and with the regular season limit set at 15, they’ll need to release at least one more player by October 17. Utah will be on the hook for Johnson’s fully guaranteed $2,351,521 salary in 2022/23 if he goes unclaimed on the waiver wire.

Johnson was acquired by the Jazz as a salary-matching piece in the trade that saw Talen Horton-Tucker head to Utah, with Patrick Beverley sent to the Lakers. As Danny Leroux of The Athletic notes (via Twitter), the Lakers cannot sign Johnson for the rest of the league year due to a rule in the collective bargaining agreement.

According to Andy Larsen of The Salt Lake Tribune (Twitter link), the Jazz tried to deal Johnson this week and were unable to find any takers despite playing decently for Los Angeles last season and having some good moments for Utah during preseason.

He averaged 6.7 PPG, 3.2 RPG, 1.7 APG and 0.9 SPG on .466/.314/.716 shooting in 48 games (27 starts, 22.8 MPG) for the Lakers in ’21/22.

The eighth overall pick of the 2015 draft, Johnson has played for the Pistons, Pelicans and Raptors in addition to the Lakers. His relative lack of an offensive game is the main reason why he struggled to find an NBA contract last season before landing a 10-day hardship deal with Chicago last December (he never played for the Bulls), then multiple 10-day deals and later a two-year contract with the Lakers.

Justin Champagnie Earns Raptors’ 15th Roster Spot

October 14th, 2022 at 10:48pm CST by Rory Maher

Justin Champagnie has won the training camp battle for the Raptors‘ 15th and final standard roster spot, sources tell Michael Grange of Sportsnet (Twitter link).

Toronto has waived the three other contenders for the last spot on the 15-man roster, tweets Josh Lewenberg of TSN.ca. Those players are Josh Jackson, D.J. Wilson and Gabe Brown, and they’ll clear waivers on Monday, assuming they go unclaimed.

Champagnie, 21, went undrafted last year after starring in two college seasons at Pitt. He signed a two-way deal with the Raptors as a rookie, averaging 2.3 points and 2.0 rebounds in 7.8 minutes per night in 36 games last season.

Though his role with the NBA club was modest, Champagnie averaged 21.1 points, 8.3 boards, 1.2 steals and 1.1 blocks on .489/.409/.778 shooting in 14 regular season games (35.9 minutes) for the Raptors 905, Toronto’s G League affiliate, and clearly made a strong impression on the organization. His contract was previously partially guaranteed for $325K, but now he’s set to have his $1,637,966 deal for 2022/23 fully guaranteed.

Wilson had a $250K partial guarantee on his deal, and the Raptors will be on the hook for that amount. Jackson’s deal was non-guaranteed, as was Brown’s, but unlike Jackson, Brown signed an Exhibit 10 contract, so he will earn a $50K bonus if he spends at least 60 days with the Raptors 905.

Wolves Converting Luka Garza To Two-Way Deal

October 14th, 2022 at 10:47pm CST by Rory Maher

10:50pm: Lawson will be waived to make room for Garza, sources tell Jon Krawczynski of The Athletic (Twitter link). Minnesota was high on Lawson, but didn’t want to lose Garza, per Krawczynski.

10:26pm: The Timberwolves are signing center Luka Garza to a two-way deal, according to Shams Charania of The Athletic (Twitter link).

While Charania says “signing,” Garza is already under contract with the team, so the Wolves are technically converting his Exhibit 10 contract into a two-way deal. Minnesota’s two-way slots are currently occupied by A.J. Lawson and Eric Paschall, so they’ll need to waive one of them in order to convert Garza.

Garza, 23, was selected by the Pistons with the 52nd overall pick in the 2021 draft and spent his rookie season in Detroit, averaging 5.8 PPG and 3.1 RPG in 32 games (12.2 MPG). He was a standout for the Motor City Cruise, Detroit’s G League affiliate, putting up 20.6 PPG and 9.5 RPG in 16 games (29.8 MPG) and earning a spot on the All-NBAGL Third Team.

The former Iowa star’s contract with the Pistons was for two years, but the 2022/23 season was a team option, which Detroit declined, making him an unrestricted free agent. Garza signed an Exhibit 10 deal with the Wolves in August.

Wolves head coach Chris Finch recently stated that he likes what Garza has brought to the team during training camp.

“He’s the perfect system fit for us. Great acquisition by our front office,” Finch said. “He’s a guy I think can really grow into our system here. He can stretch the floor and he can score around the basket. That’s a great combo. Not a lot of bigs can do that.”

Nets Waive Donovan Williams; Heat Adding Jon Elmore

October 14th, 2022 at 8:30pm CST by Rory Maher

In a pair of unrelated moves, the Nets have waived Donovan Williams (Twitter link via Chris Milholen of NetsDaily), while the Heat are signing Jon Elmore to an Exhibit 10 contract, reports Anthony Chiang of The Miami Herald (via Twitter).

Williams, who was also on an Exhibit 10 deal, went undrafted this year out of UNLV. The 6’6” wing averaged 12.7 PPG and 3.3 RPG as a junior at UNLV last season, knocking down 43.6% of his 3-point attempts. If he goes unclaimed, he’ll be eligible for a $50K bonus if he spends at least 60 days with the Long Island Nets, Brooklyn’s G League affiliate.

Elmore, 26, went undrafted in 2019 after a standout college career at Marshall. He’s played professionally for European clubs in Italy, Hungary, Greece and Lithuania over the past three years.

According to Chiang, Elmore will report to Miami’s practice on Saturday prior to being waived, with the 6’3″ guard heading to the Heat’s G League affiliate, the Sioux Falls Skyforce. If he spends at least 60 days with the Skyforce, Elmore would receive a bonus worth up to $50K.