Transactions Rumors | Hoops Rumors

Celtics Expected To Sign Jake Layman, Justin Jackson

September 13th, 2022 at 2:55pm CST by Luke Adams

The Celtics intend to sign free agent forward Jake Layman to a training camp contract, a source tells Bobby Manning of CLNS Media. The report has since been confirmed by Souichi Terada and Brian Robb of MassLive.com.

A second-round pick in 2017, Layman has appeared in 243 regular season games across six NBA seasons in Portland and Minnesota. Although he was a regular rotation player for the Timberwolves in 2019/20 after signing a three-year contract with the team, Layman was limited to 23 appearances that season due to a toe injury and didn’t have a consistent role during the following two seasons.

In total, the former Maryland forward – who is a Massachusetts native – has averaged 4.8 PPG and 1.7 RPG on .460/.300/.719 shooting in 12.8 minutes per contest over the course of his NBA career.

Within his report on Layman, Manning says the same source confirmed that Justin Jackson will be joining the Celtics for training camp as well. Jackson, a forward who was drafted with the No. 15 overall pick in 2017, had a strong Summer League run with Boston in July and has long been rumored as a possible camp invitee.

Jackson signed two 10-day contracts with the Suns last season and one with the Celtics, appearing in seven total games (just one with Boston). In Las Vegas this summer, he averaged 15.0 PPG in four appearances (29.0 MPG) for Boston’s Summer League squad.

Assuming the Celtics make it official with both Layman and Jackson, the two veterans join the competition for one of the team’s open regular season roster spots. Boston has 10 players with guaranteed contracts, plus Al Horford with a significant partial guarantee. That leaves three – or possibly four – spots available for a group of players with non-guaranteed or partially guaranteed salaries.

Luke Kornet, Noah Vonleh, and Bruno Caboclo have already been added to the Celtics’ training camp roster. Layman, Jackson, and Denzel Valentine are expected to join them. If all three officially sign, the club will have 19 total players under contract, including JD Davison and Mfiondu Kabengele on two-way deals.

Sixers Sign Montrezl Harrell To Two-Year Deal

September 13th, 2022 at 12:29pm CST by Luke Adams

SEPTEMBER 13: Harrell’s contract is official, the Sixers announced in a press release.

SEPTEMBER 6: Free agent big man Montrezl Harrell has agreed to sign a two-year contract with the Sixers, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that the second year will be a player option.

While Wojnarowski doesn’t specify the terms of the agreement, Philadelphia has already used its full mid-level exception and bi-annual exception to sign P.J. Tucker and Danuel House, respectively, and doesn’t have a ton of breathing room below the hard cap. As such, it seems safe to assume Harrell’s deal will be worth the veteran’s minimum.

A minimum-salary contract would pay Harrell $2,463,490 in 2022/23, with a $2,760,026 player option for ’23/24.

Harrell’s deal with the Sixers comes less than a week after word broke that the felony drug trafficking charge he had faced in Kentucky was reduced to a misdemeanor possession charge. If the 28-year-old remains in good legal standing for the next 12 months, the misdemeanor charge will be removed from his record.

Harrell was initially charged after police found three pounds of marijuana in his vehicle during a traffic stop in Richmond, Ky. His legal situation appeared to affect his free agent market, as it took more than two months for him to find a new NBA home after he spent last season in Washington and Charlotte.

A seven-year veteran, Harrell appeared in 71 total games for the Wizards and Hornets in 2021/22, averaging 13.1 PPG, 6.1 RPG, and 2.0 APG on 64.5% shooting in 23.1 minutes per contest. He’s just two years removed from winning a Sixth Man of the Year award with the Clippers in 2020.

Harrell will provide the 76ers with some reliable depth at the five behind perennial MVP candidate Joel Embiid, who has battled a series of injuries over the course of his career. Veterans like Dwight Howard, Andre Drummond, and DeAndre Jordan had filled that role within the last couple seasons, but none are still under contract with the team, leaving youngsters Paul Reed and Charles Bassey as the top candidates to back up Embiid.

With Harrell under contract, it’s no longer a lock that both Reed and Bassey will make the 15-man regular season roster. Assuming Harrell’s contract is fully guaranteed, Philadelphia will have 13 players on guaranteed deals, with Trevelin Queen, Isaiah Joe, Reed, and Bassey on partially guaranteed or non-guaranteed contracts. The team will have to trade or release at least two players before opening night.

Following the signing of Harrell, the Sixers will be just $766K below the hard cap, but they should get some extra relief if and when they waive players who don’t have guaranteed salaries, notes ESPN’s Bobby Marks (Twitter link).

Wizards Sign Davion Mintz To Exhibit 10 Contract

September 13th, 2022 at 9:32am CST by Luke Adams

The Wizards have officially signed undrafted rookie guard Davion Mintz, according to RealGM’s NBA transaction log. We reported shortly after the draft in June that Mintz had agreed to an Exhibit 10 deal with Washington.

Mintz, who finished his college career at Kentucky, spent the last two years with the Wildcats after transferring from Creighton. In those two seasons, he averaged 9.8 PPG, 2.6 RPG, and 2.4 APG with a .362 3PT% in 56 games (27.4 MPG).

As is the case with Quenton Jackson – another newly-signed Wizard who received an Exhibit 10 contract after playing for the team’s Summer League squad – Mintz is a long shot to earn a spot on Washington’s 15-man regular season roster. However, his new deal suggests the Wizards are interested in keeping him in the organization for developmental purposes.

If Mintz doesn’t have his contract converted into a two-way deal, he’ll likely end up becoming an affiliate player for the Capital City Go-Go, the Wizards’ G League team. The Exhibit 10 language in Mintz’s contract makes him eligible for a bonus worth up to $50K if he spends at least 60 days with the Go-Go.

Washington now has 19 players officially under contract — 15 on standard guaranteed deals, one on a two-way pact, and three on Exhibit 10 contracts. The club has room for one more player on its 20-man training camp roster.

Pistons Sign Micah Potter To Exhibit 10 Deal

September 13th, 2022 at 9:26am CST by Luke Adams

SEPTEMBER 13: The Pistons have officially signed Potter, per RealGM’s NBA transaction log.

AUGUST 26: The Pistons are signing free agent center Micah Potter to an Exhibit 10 contract, according to Michael Scotto of HoopsHype (Twitter link).

Potter, 24, initially signed an Exhibit 10 contract with Miami last fall after going undrafted out of Wisconsin. He was waived before the regular season began and spent most of his rookie year with the Sioux Falls Skyforce, the Heat’s G League affiliate, averaging 17.2 PPG and 9.8 RPG on .539/.445/.731 shooting in 33 NBAGL games (28.8 MPG).

In addition to earning him a spot on the All-NBAGL Rookie Team, Potter’s strong performance at the G League level earned him a brief look at the NBA level. The Pistons signed him to a 10-day contract in December and he appeared in three regular season contests, scoring 12 points and grabbing nine rebounds in 31 total minutes.

Potter also suited up in five games for the Knicks’ Summer League team in Las Vegas last month.

Potter’s Exhibit 10 contract means he’ll be eligible for a bonus worth up to $50K if he’s waived this fall and then spends at least 60 days with the Motor City Cruise, Detroit’s G League team. The Cruise acquired Potter’s returning NBAGL rights from the Skyforce on Thursday, according to a press release.

Wizards Officially Sign Quenton Jackson

September 13th, 2022 at 7:01am CST by Luke Adams

The Wizards‘ deal with former Texas A&M guard Quenton Jackson, which we first reported in June, is now official. Jackson signed an Exhibit 10 contract with the Wizards, who now have 18 players under contract.

Jackson earned All-SEC Second Team honors in his final college season in 2021/22, averaging 14.8 PPG, 3.5 RPG, 2.0 APG, and 1.8 SPG in 40 games (26.4 MPG) for the Aggies. He posted a solid shooting line of .490/.346/.828, but went undrafted in June before quickly reaching a deal with Washington.

Jackson suited up for the Wizards’ Summer League team in Las Vegas in July, averaging 9.3 points in just 13.2 minutes per contest in four appearances.

Given that Washington already has 15 players on guaranteed standard contracts, there’s no clear path for Jackson to earn a regular season roster spot, but one of the club’s two-way slots remains available (Jordan Schakel occupies the other). It’s possible Jackson will be a candidate to fill that opening.

Exhibit 10 contracts can be converted into two-way deals. They also make players eligible for bonuses worth up to $50K if they’re waived and then spend at least 60 days with their team’s G League affiliate. Makur Maker is the other Wizard currently on an Exhibit 10 contract, while Davion Mintz is expected to sign one as well.

Magic Sign Guard Joel Ayayi

September 12th, 2022 at 9:06pm CST by Dana Gauruder

The Magic have signed free agent guard Joel Ayayi, according to a team press release.

Ayayi appeared in seven games with the Wizards last season but only played a total of 20 minutes. He was on a two-way contract but was waived in March.

After going undrafted out of Gonzaga last summer, Ayayi signed a two-way deal with the Lakers, but was cut just before the season began. The Frenchman was claimed off waivers by Washington.

Ayayi started 29 games for the Capital City Go-Go, the Wizards’ G League affiliate, and averaged 10.7 PPG, 6.6 APG and 5.7 RPG.

The Magic already have 15 players on guaranteed contracts and both two-way slots filled, so it’s almost certainly an Exhibit 10 deal for Ayayi. Orlando has also reportedly reached Exhibit 10 agreements with four other players.

Exhibit 10 deals are non-guaranteed and carry a minimum salary, but Ayayi could receive a $50K bonus if he’s waived before the start of the regular season and joins the team’s G League affiliate in Lakeland.

Izaiah Brockington Signs Two-Way Deal With Pelicans

September 12th, 2022 at 5:56pm CST by Rory Maher

5:56pm: Brockington’s two-way contract is now official, per NBA.com’s transactions log.

2:17pm: The Pelicans are signing undrafted free agent Izaiah Brockington to a two-way contract, his agent Darnell Comer tells ESPN’s Adrian Wojnarowski (Twitter link).

According to Wojnarowski, the 23-year-old guard suffered an ACL injury prior to this year’s draft, but is hopeful of making a return at some point during the season. ESPN’s Andrew Lopez reports (via Twitter) that Brockington sustained the injury during a workout with the Pelicans, who were thinking about selecting him with one of their second-round picks and remain high on his upside.

It was reported the day after the draft that Brockington would be signing an Exhibit 10 deal with New Orleans, but that was never officially confirmed. Now he’ll be getting a pay increase on a two-way deal.

Brockington played four collegiate seasons for three teams. He started out at St. Bonaventure, spent two seasons with Penn State and finished up Iowa State. In 2021/22 with the Cyclones, Brockington averaged team-highs of 16.9 PPG and 6.8 RPG on a .447/.362/.775 shooting line.

Once Brockington officially signs, the Pelicans will have both of their two way spots filled — Dereon Seabron occupies the other.

Second-round pick E.J. Liddell, who suffered a torn ACL during Summer League, remains unsigned and doesn’t have a clear path to a roster spot — the 15-man roster has 14 players with guaranteed contracts and Jose Alvarado with a large partial guarantee as the 15th. Alvarado made a big impact as an undrafted rookie last season, so I’m sure he’ll be sticking around.

Kings Waive DJ Steward

September 12th, 2022 at 5:52pm CST by Rory Maher

5:52pm: Steward has officially been waived, per NBA.com’s transactions log.

4:05pm: The Kings are waiving DJ Steward, a source tells James Ham of ESPN 1320 and TheKingsBeat.com (Twitter links).

According to Ham, if Steward doesn’t sign with another team, Sacramento is hopeful that he will rejoin the team’s G League affiliate in Stockton, who hold his returning player rights. His new deal, which he just inked last week, included a small partial guarantee for $50K.

A former McDonald’s All American, Steward spent his lone college season with Duke before going undrafted in 2021. He signed a training camp deal with the Kings last year but was waived before the start of the 2021/22 season.

Steward spent all of last season with the Stockton Kings, appearing in 30 regular season games (21 starts, 29.2 MPG) with averages of 14.6 PPG, 3.7 RPG, 3.4 APG and 1.0 SPG on .463/.331/.884 shooting. The 6’2″ guard also played 12 games (four starts, 21.9 MPG) with Stockton during the Showcase Cup last fall, averaging 12.0 PPG, 2.3 RPG, 2.2 APG and 1.1 SPG on .394/.383/.923 shooting.

The Kings have one of the more unique roster situations right now because they only have 12 players on guaranteed contracts, have reportedly reached agreements with four others — Kent Bazemore, Quinn Cook, KZ Okpala and Jeriah Horne — that have yet to become official, plus three players with relatively small partial guarantees in Matthew Dellavedova, Chima Moneke and Sam Merrill.

It appears as though they’ll have a true training camp competition to determine the last few spots on the standard roster, with both two-way spots currently filled by Keon Ellis and Neemias Queta.

Jarrett Culver Signs Two-Way Deal With Hawks

September 12th, 2022 at 12:06pm CST by Arthur Hill

The Hawks have signed Jarrett Culver to a two-way contract, the team announced in a press release.

The 23-year-old shooting guard spent last season with the Grizzlies, appearing in 37 games and averaging 3.5 points and 1.3 rebounds in 9.1 minutes per night. Memphis acquired him in a trade with the Timberwolves last summer.

Culver was the sixth overall pick in the 2019 draft, but he wasn’t able to establish himself in a regular role with either the Grizzlies or Wolves. The Hawks are taking a low-risk gamble on his youth and potential.

Culver was a star at Texas Tech, where he averaged 14.9 points, 5.6 rebounds and 2.8 assists in 75 games. He led the Red Raiders to the first NCAA Championship Game in school history and earned a spot on the 2019 Final Four All-Tournament Team.

The Hawks opened up a two-way slot on Sunday by waiving Chaundee Brown. The team’s other two-way contract belongs to guard Trent Forrest.

The addition of Culver brings Atlanta’s roster back to 18 players, two below the offseason limit, with the start of training camp 15 days away.

Hornets Sign Four Players To Exhibit 10 Deals

September 12th, 2022 at 11:12am CST by Arthur Hill

The Hornets have signed Jalen Crutcher, Anthony Duruji, Jaylen Sims and Isaiah Whaley, the team announced in a press release. They all received Exhibit 10 contracts, sources tell Rod Boone of The Charlotte Observer (Twitter link). Whaley was the only name that had been previously reported.

All four players will join Charlotte for the start of training camp on September 27. The Exhibit 10 deals are non-guaranteed and carry a minimum salary, but the players are eligible to receive $50K bonuses if they’re waived before the start of the regular season and join the team’s G League affiliate in Greensboro.

The Hornets now have 18 players on their offseason roster, leaving two openings ahead of camp. Charlotte has 13 players with guaranteed contracts and Bryce McGowens on a two-way deal.

Crutcher, a 23-year-old point guard, was in camp with the Hornets last fall. He spent the season as an affiliate player in the G League, averaging 16.2 points and 6.0 assists in 33 games with the Swarm.

Duruji, 24, split his college career between Louisiana Tech and Florida. The forward averaged 7.4 points and 4.2 rebounds over the past two seasons with the Gators.

Sims averaged 12.1 points, 4.8 rebounds and 1.6 assists per game in four seasons at UNC Wilmington. The 23-year-old guard is a native of Charlotte.

Whaley, 23, spent five years at Connecticut and was named Big East Defensive Player of the Year for the 2020/21 season. The power forward was part of the Hornets’ Summer League team, but didn’t appear in any games.