Transactions Rumors | Hoops Rumors

Hawks Re-Sign Sharife Cooper To Two-Way Deal

July 22nd, 2022 at 1:58pm CST by Luke Adams

Free agent guard Sharife Cooper is back under contract with the Hawks on a new two-way deal, according to NBA.com’s transactions log.

Cooper, 21, was the 48th overall pick in the 2021 draft. He spent his rookie season on a two-way contract with the Hawks and appeared in only 13 games at the NBA level, logging 39 total minutes and making just 3-of-14 shots from the field.

The former Auburn standout saw much more action at the G League level, averaging 17.1 PPG and 6.9 APG on .431/.361/.907 shooting in 22 regular season appearances (30.2 MPG) for the College Park Skyhawks, Atlanta’s NBAGL affiliate.

The Hawks issued Cooper a one-year, two-way qualifying offer in June to make him a restricted free agent, so he simply accepted that QO, as Michael Scotto of HoopsHype confirms (via Twitter). Atlanta has now filled both its two-way slots, with Chaundee Brown holding the other two-way contract.

In addition to having a pair of players on two-way deals, the Hawks are currently carrying 14 players on standard contracts — 13 of those are on fully guaranteed deals, while Tyrese Martin has a partial guarantee.

Timberwolves Sign Austin Rivers

July 21st, 2022 at 4:05pm CST by Alex Kirschenbaum

JULY 21: Minnesota has officially announced the signing of Rivers, confirming the move in a press release.

JULY 14: The Timberwolves have made a move to bolster their bench as they continue to reshape their roster this summer. Minnesota is signing veteran combo guard Austin Rivers to a one-year contract, agents Dave Spahn and Aaron Mintz inform Adrian Wojnarowski of ESPN.

The 6’4″ vet will be signing on for the veteran’s minimum, per Darren Wolfson of 5 Eyewitness News (Twitter link).

Rivers will be reuniting with a familiar face in the Timberwolves front office — Minnesota team president Tim Connelly, who signed a lucrative deal of his own with the club this summer after a successful extended tenure with the Nuggets. Rivers spent parts of the last two NBA seasons as a key reserve in Denver under Connelly.

After signing a 10-day deal with the Nuggets in April 2021, Rivers quickly proved himself worthy of a roster spot on a postseason contender, and was promptly brought back on a rest-of-season deal. He further solidified his role with the club by stepping up as a scorer during the 2021 playoffs. In Denver’s first-round matchup against the Trail Blazers, Rivers averaged 11.5 PPG (while shooting 48.3% from deep), 2.3 APG and 2.2 RPG.

The 29-year-old journeyman re-signed with Denver during the 2021 offseason. He would go on to play a crucial role, largely off the bench, for a guard-deprived Denver club. Across 67 contests, including 18 starts, Rivers averaged 6.0 PPG on .417/.342/.727 shooting splits during 22.1 MPG of game action. He also pulled down 1.7 RPG, dished out 1.3 APG, and snagged 0.8 SPG.

Rivers joins a revamped Minnesota team that offloaded much of its veteran depth to add three-time Defensive Player of the Year Rudy Gobert. He’ll serve as a helpful ball-handler off the bench behind projected backcourt starters D’Angelo Russell and Anthony Edwards. Another new free agent signee, Kyle Anderson, will likely start at small forward, while Gobert will join All-Star big man Karl-Anthony Towns to form a jumbo-sized frontcourt tandem.

JaMychal Green Bought Out By Thunder, Plans To Join Warriors

July 20th, 2022 at 4:38pm CST by Dana Gauruder

JULY 20: Green has officially been waived by the Thunder, the team announced (via Twitter). He will clear waivers on Friday.

JULY 19: Veteran forward JaMychal Green is negotiating a contract buyout with the Thunder, Adrian Wojnarowski of ESPN tweets. Once it is completed and he clears waivers, Green intends to sign with the defending champion Warriors.

Oklahoma City had sought to deal Green after acquiring him from the Nuggets last month. That didn’t happen and now Green is looking to help Golden State defend its latest title.

Green, 32, is at the stage of his career where he provides greater value to a contender than a rebuilding team. He’s on an $8.2MM expiring contract for 2022/23.

On a veteran’s minimum deal for a player with eight years of service, Green can sign with the Warriors for $2,628,597. Golden State’s cap hit would be $1,836,090, Bobby Marks of ESPN tweets.

Golden State only has 11 players on its 15-man roster, along with two unsigned second-round picks. Thus, there’s plenty of roster room for the Warriors to bring in Green.

Denver dealt Green to the Thunder in June. The Nuggets also sent a protected 2027 first-round pick to the Thunder in exchange for the draft rights to No. 30 pick Peyton Watson and two second-rounders (one in 2023 and one in 2024).

Green had a down year in 2021/22, averaging 6.4 PPG and 4.2 RPG on .486/.266/.871 shooting in 67 games (16.2 MPG) for the Nuggets, but has proven to be an effective stretch four over the years. Entering ’21/22, he had knocked down 38.0% of his three-point attempts in his first seven NBA seasons.

He’ll provide depth for Golden State at power forward behind Draymond Green and Jonathan Kuminga.

Oklahoma City is still in the process of paring down its overloaded roster. The team will have 19 players officially under contract once Green is officially cut.

Thunder Sign Kenrich Williams To Four-Year Extension

July 20th, 2022 at 3:58pm CST by Luke Adams

JULY 20: The Thunder have officially finalized Williams’ extension, the team announced today in a press release.

JULY 18: The Thunder have reached an agreement with forward Kenrich Williams on a four-year contract extension worth $27.2MM, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

Williams, who will earn $2MM this season, is in the final year of his current contract, so his new deal will begin a year from now and will run through the 2026/27 campaign. His $2MM salary for ’22/23 had been non-guaranteed, but it’ll become protected as part of the extension agreement, tweets ESPN’s Bobby Marks.

According to Joe Mussatto of The Oklahoman (Twitter link), the first three years of the extension will be guaranteed, while the fourth will be a team option.

Williams, 27, is an unlikely extension recipient. The veteran swingman, who began his college career at New Mexico Junior College and went undrafted in 2018, spent his first two professional seasons with the Pelicans before being signed-and-traded to Oklahoma City in the Steven Adams deal during the 2020 offseason as a throw-in piece for salary-matching purposes.

After shooting just .371/.304/.489 in 85 games with New Orleans, Williams developed a more reliable three-point shot in Oklahoma City, boosting his shooting percentages to .501/.391/.559 in 115 games over the last two seasons. He’s also a solid, versatile defender who has now averaged 21-plus minutes per game for four straight years.

Williams is the eight player to agree to a veteran contract extension so far during the 2022/23 league year, as our tracker shows.

Because his extension exceeds three total years (including the one left on his current deal), Williams will be ineligible to be traded for six months once he officially signs his deal.

Nuggets Sign Jack White To Two-Way Contract

July 19th, 2022 at 9:45pm CST by JD Shaw

JULY 19: The signing is official, according to a team press release.

JULY 17: The Nuggets are signing Australian forward Jack White to a two-way contract, according to ESPN’s Adrian Wojnarowski (Twitter link). As Wojnarowski notes, White is coming off a strong summer league stint with the team.

White, 6’7″, played four seasons at Duke before going undrafted in 2020. He signed with the NBL’s Melbourne United that summer, helping the team win a title in his first professional season. The 24-year-old also averaged 9.5 points and 6.6 rebounds in 22.5 minutes per game this past year.

“This is an amazing opportunity for me to take another step towards living out my dream of playing in the NBA, so I couldn’t be more grateful to the Nuggets for giving me a shot,” White said, as relayed in Melbourne United’s press release.

Denver now has both two-way spots and every spot on its 15-man roster filled. The team has a strong nucleus of Jamal Murray, Michael Porter Jr., Aaron Gordon and Nikola Jokic and expects to be a perennial championship contender next season.

Taj Gibson Signs One-Year Deal With Wizards

July 19th, 2022 at 4:19pm CST by Luke Adams

JULY 19: Gibson has officially signed with the Wizards, per NBA.com’s transactions log.

JULY 10: Gibson has cleared waivers and agreed to a one-year contract with the Wizards, his agent Mark Bartelstein tells ESPN’s Adrian Wojnarowski (Twitter link). Gibson will receive a minimum-salary deal, tweets Josh Robbins of The Athletic.

JULY 8, 4:35pm: Gibson intends to sign with the Wizards once he clears waivers, according to Shams Charania of The Athletic (Twitter link). He’ll provide Washington with some additional frontcourt depth following the free agent departure of Thomas Bryant.

JULY 8, 3:59pm: The Knicks have officially waived big man Taj Gibson, the team announced today in a press release. He’ll clear waivers on Sunday, assuming he goes unclaimed.

Gibson, 37, appeared in 52 games for the Knicks last season, averaging 4.4 PPG and 4.4 RPG in 18.2 minutes per contest. He has long been a Tom Thibodeau favorite, having also played for the Knicks’ head coach in Chicago and Minnesota.

Gibson signed a two-year contract with the Knicks during the 2021 offseason, but his second-year salary of $5,155,500 for 2022/23 was non-guaranteed. By cutting him, New York will avoid being on the hook for any of that money.

In addition to waiving Gibson, New York has renounced Ryan Arcidiacono‘s free agent rights, according to Fred Katz of The Athletic (Twitter link). The two moves are strong signals that the Knicks intend to go under the cap in order to complete their reported signings of Jalen Brunson, Isaiah Hartenstein, and Jericho Sims, rather than remaining over the cap by acquiring Brunson via sign-and-trade.

If the Knicks had been able to turn their Alec Burks/Nerlens Noel trade with Detroit into a three-team deal involving Dallas and Brunson, they could theoretically have used their mid-level exception to sign Hartenstein and Sims, retaining a $9MM+ trade exception and the $4.1MM bi-annual exception. However, clearing cap room for their signings is the simplest path, and will leave them with the $5.4MM room exception available.

As for Gibson, there’s a chance he could re-sign with the Knicks once he clears waivers, though a few other teams have expressed interest in him, notes Ian Begley of SNY.tv (Twitter link).

Raptors Sign Jeff Dowtin To Two-Way Deal

July 19th, 2022 at 4:00pm CST by Arthur Hill

4:00pm: The Raptors have officially signed Dowtin to a two-way contract, the team confirmed in a press release.

12:46pm: Free agent guard Jeff Dowtin will sign a two-way contract with the Raptors, tweets Shams Charania of The Athletic.

Dowtin is coming off a strong Summer League performance with Toronto, averaging 16.0 PPG while shooting 57.1% from the field in four games in Las Vegas.

The 25-year-old signed with the Magic last September, then was claimed off waivers by the Warriors before the start of the season. He played four games for Golden State before being waived again, then signed 10-day contracts with Milwaukee and Orlando.

Ron Harper Jr. holds the Raptors’ other two-way contract, so both slots will be filled once Dowtin’s signing becomes official.

Jaylin Williams Signs Four-Year Contract With Thunder

July 19th, 2022 at 2:51pm CST by Arthur Hill

JULY 19: The Thunder have officially signed Williams, the team announced today in a press release.

JULY 9: The Thunder have reached an agreement with second-round pick Jaylin Williams, tweets Shams Charania of The Athletic.

Williams’ new contract will be worth $8.2MM over four seasons, per Charania. The team will use part of its non-taxpayer mid-level exception to complete the signing.

Oklahoma City took the 20-year-old big man – not to be confused with Thunder first-rounder Jalen Williams – with the 34th pick in last month’s draft. He was among four draft-night selections for OKC and should compete for playing time in the front court.

Williams played two years at Arkansas and averaged 10.9 points and 9.8 rebounds per game as a sophomore. He was a first-team all-SEC selection by the coaches this season and earned a spot on the conference’s All-Defensive Team.

Bucks Sign Serge Ibaka To One-Year Deal

July 19th, 2022 at 10:26am CST by Luke Adams

JULY 19: Ibaka’s deal is now official, according to NBA.com’s transactions log.

JULY 4: Free agent big man Serge Ibaka has agreed to re-sign with the Bucks on a one-year contract, according to Shams Charania of The Athletic (Twitter link).

Ibaka, 32, was traded from the Clippers to the Bucks at the 2022 trade deadline and appeared in 19 regular season games for Milwaukee down the stretch, averaging 7.0 PPG and 5.3 RPG with a .519/.351/.800 shooting line in 17.8 MPG. He wasn’t part of the team’s playoff rotation.

Ibaka is a three-time All-Defensive player who led the NBA in blocks per game in 2012 and 2013 and was a key member of the Raptors’ 2019 championship team.

However, back issues have slowed him down to some extent in recent years — he underwent surgery in 2021 and didn’t look like his old self upon returning.

While terms of Ibaka’s new deal aren’t yet known, it appears the Bucks are confident in his ability to be a useful depth piece in the frontcourt now that he’s another year removed from that procedure on his back.

Ibaka is the fifth free agent to agree to terms with the Bucks in the last few days, joining Bobby Portis, Joe Ingles, Jevon Carter, and Wesley Matthews. Milwaukee also has eight players on existing guaranteed contracts, with first-rounder MarJon Beauchamp set to join that group.

Suns Re-Sign Deandre Ayton After Matching Pacers’ Offer Sheet

July 18th, 2022 at 9:14pm CST by Rory Maher

JULY 18: The Suns have officially re-signed Ayton, Duane Rankin of the Arizona Republic tweets via a team press release.

“Deandre is a force at both ends of the floor, who has elevated his game every year and will continue to do so,” GM James Jones said in a statement. “DA is so important to what we do and without him we could not have reached our recent levels of success.”

JULY 14, 7:28pm: The Suns have indeed opted to match the Pacers’ offer sheet for Ayton, tweets Shams Charania of The Athletic. Ayton’s four-year deal is fully guaranteed, according to Bobby Marks of ESPN (YouTube video link).

As detailed below, Ayton is now ineligible to be traded until January 15, and will possess veto power over any trade after that until next July.

With the new Ayton deal on their books, the Suns are facing a projected $32MM tax penalty for the 2022/23 season, per Marks (via Twitter).

7:10pm: Ayton has now signed his offer sheet with the Pacers, starting the clock for the Suns to match, Woj reports (via Twitter).

2:54pm: The Suns haven’t shown any inclination to work out a sign-and-trade with Indiana for Ayton, but they are expected to match the offer sheet once Ayton signs it, sources tell Wojnarowski (Twitter link).

2:02pm: The Pacers are signing restricted free agent Deandre Ayton to a four-year, $133MM offer sheet, his agents Nima Namakian and Bill Duffy tell ESPN’s Adrian Wojnarowski.

Once Ayton inks the deal, the Suns will have 48 hours to match the largest offer sheet in league history, Wojnarowski adds. ESPN’s Bobby Marks tweets that Phoenix technically has until 11:59pm ET on Saturday to match the deal.

Sign-and-trades are not permissible once an offer sheet has been signed, so a potential swap for Pacers center Myles Turner is off the table once Ayton signs the deal. As Marks notes, if the Suns match the offer sheet, Ayton will have the ability to veto any trade starting January 15, which is when he’d be trade-eligible. He also cannot be traded to Indiana for a year.

However, in a follow-up tweet, Marks says that because Ayton hasn’t put pen to paper yet, the Suns and Pacers have until midnight ET to work out a possible sign-and-trade that might be mutually beneficial. What Indiana might get out of that arrangement is unclear.

John Gambadoro of Arizona Sports 98.7 FM Phoenix reports (Twitter links) that Ayton’s agents had been waiting for the right moment when they thought the Suns wouldn’t match an offer. The Pacers have no interest in a sign-and-trade, according to Gambadoro, who says Indiana knows the Suns don’t want to give Ayton — or any other center — a max deal.

According to Wojnarowski, the Suns never made Ayton a formal offer in free agency. Ayton’s agents told the team they’d be able to find a max offer, and now the Pacers are putting the Suns to the test.

As Marks observes (via Twitter), the Pacers technically can’t sign Ayton without making moves to clear additional cap space. They need to clear another $4.7MM to reach Ayton’s first-year starting salary of $30.9MM in 2022/23, so more maneuvers are imminent.

Marks noted in a recent appearance on 107.5 The Fan that the Pacers have multiple pathways to clear the needed cap space, as James Boyd of The Indianapolis Star relayed. Once those moves are made, they cannot be reversed if Phoenix decides to match.

Ayton, who turns 24 on July 23, was the No. 1 overall pick of the 2018 draft. In 58 games last season (29.5 MPG), the 6’11” center averaged 17.2 PPG and 10.2 RPG while shooting 63.4% from the floor and 74.6% from the line.

Ayton holds career averages of 16.3 PPG and 10.5 RPG in 236 regular season games (30.7 MPG). He was a key component of the Suns’ run to the NBA Finals in ’20/21, averaging 15.8 PPG, 11.8 RPG and 1.1 BPG in 22 postseason games (36.4 MPG).

An excellent finisher around the basket with a soft touch, Ayton has developed into a very solid defensive player over the past couple of years, anchoring Phoenix’s third-ranked defense last season. However, some have been critical about his shortcomings, mainly that he doesn’t get to the free throw line much despite a muscular frame.

The Pacers have been repeatedly linked to Ayton over the past several weeks, and clearly that interest did not wane.

If the Suns match, they project to be a taxpaying team, something owner Robert Sarver has consistently avoided during his tenure. If they don’t, Myles Turner seems very likely to be headed out of Indiana.

It also complicates Phoenix’s pursuit of Kevin Durant, since the Suns will lose Ayton as a possible trade chip. Even if they match the offer, as was previously noted, Ayton can’t be traded until January 15 and can veto any deal for a full year.