Transactions Rumors | Hoops Rumors

Warriors Sign Pat Spencer To Exhibit 10 Deal

July 25th, 2022 at 12:29pm CST by Luke Adams

The Warriors have signed free agent guard Pat Spencer to an Exhibit 10 contract, agents Luke Glass and Keith Glass tell our JD Shaw (Twitter link).

Spencer, 26, finished his college career at Northwestern in 2019/20 and joined the Capital City Go-Go, the Wizards’ G League affiliate, last season. He appeared in 15 regular season games and nine Showcase Cup contests for the Go-Go, playing a limited role off the bench.

Spencer suited up for Washington’s Summer League team in Las Vegas earlier this month, averaging 6.5 PPG, 4.0 APG, and 3.8 RPG in four games (13.1 MPG).

While Spencer will occupy a spot on the Warriors’ 20-man offseason roster, he’s probably a long shot to make the regular season squad. The most likely outcome for Spencer is that he’s waived before the regular season begins and subsequently joins Golden State’s G League team, the Santa Cruz Warriors, as an affiliate player. In that scenario, he’d receive a $50K bonus if he spends at least 60 days with Santa Cruz.

Exhibit 10 contracts can also be converted into two-way deals before the regular season begins, though both of the Warriors’ two-way slots are currently filled.

Lakers Officially Sign Javante McCoy, Fabian White Jr. To Exhibit 10 Deals

July 24th, 2022 at 5:00pm CST by JD Shaw

The Lakers have officially signed undrafted players Javante McCoy and Fabian White Jr. to Exhibit 10 contracts, the team announced on social media today (Twitter link). Both agreements were reported shortly after the draft last month.

McCoy, a 6’5″ guard, averaged an impressive 17.4 points per game for Boston University last season. He also shot a scorching 49.5% from the floor and 42.5% from three-point range.

White, a 6’8″ forward, played five seasons at Houston before declaring for the draft. He averaged 12.5 points and 5.7 rebounds per game last season, shooting 49% from the floor.

McCoy and White both played for the Lakers during the Las Vegas Summer League. So far, they are the only players Los Angeles has signed to Exhibit 10 deals. McCoy and White could compete for a spot in training camp or play for the team’s G League affiliate this season.

The Lakers have now filled 18 spots on their 20-man offseason roster.

Timberwolves Re-Sign Nathan Knight

July 24th, 2022 at 9:52am CST by Arthur Hill

10:30am: Knight’s contract carries a partial guarantee for the upcoming season, according to Jon Krawczynski of The Athletic (Twitter link).

9:52am: Power forward Nathan Knight has re-signed with the Timberwolves, according to the NBA’s transactions log.

Knight received a two-year contract with a team option on the second season, tweets Michael Scotto of HoopsHype.

Knight, 24, was a restricted free agent after playing on a two-way contract with Minnesota last August. He appeared in 37 games, making two starts, and averaged 3.7 points and 2.3 rebounds in 7.2 minutes per night.

Knight signed a two-way deal with the Hawks after going undrafted out of William & Mary in 2020. He played 33 games for Atlanta as a rookie.

Mavericks Sign Tyler Dorsey To Two-Way Deal

July 24th, 2022 at 8:49am CST by Arthur Hill

11:04am: Dorsey’s signing is official, the Mavericks announced (via Twitter).

8:49am: Tyler Dorsey will return to the NBA on a two-way contract with the Mavericks, tweets Shams Charania of The Athletic.

The 26-year-old shooting guard worked out for Dallas earlier this month and was rumored to be discussing a two-way deal with the organization. He played last season for Olympiacos, helping the team win both the Greek League title and the Greek Cup.

Dorsey reportedly had an extension offer from Olympiacos as well as a contract offer from Fenerbahce in Turkey, but his preference was to return to the NBA. He not only wants to prove he can play at the NBA level, he’s also hoping to qualify for a pension, according to Aris Barkas of Eurohoops. Players become fully vested after three years in the league.

Dorsey, the 41st pick in the 2017 draft, has already played 104 games over two seasons with the Hawks and Grizzlies. The former Oregon star averaged 6.7 points and 2.3 rebounds before heading overseas in 2019.

Dallas currently has both two-way slots open.

Timberwolves Sign Josh Minott To Four-Year Deal

July 22nd, 2022 at 8:54pm CST by JD Shaw

JULY 22: Minnott’s deal with the Wolves is now official, per NBA.com’s transactions log.

JULY 16: The Timberwolves are signing forward Josh Minott to a four-year contract, according to Shams Charania of The Athletic (Twitter link). Minott was originally selected No. 45 overall by the Hornets last month, then was traded to Minnesota on the night of the draft.

Before declaring for the draft, Minott played one season at Memphis, averaging 6.6 points and 3.8 rebounds per game. The 19-year-old also shot 52% from the field, playing an average of 14.6 minutes per contest.

At 6’8″ and notably athletic, Minott has the potential to be a combo forward and excel on both ends. He can still improve his shooting — he only made two 3-pointers in 33 games last season — but that typically isn’t more pressing than work ethic, athleticism and size for young, developing players.

The Timberwolves also recently signed veteran guard Austin Rivers and still have an open roster spot to use. The team expects to compete for a title in the coming years, especially after adding Rudy Gobert to a core that already includes D’Angelo Russell, Anthony Edwards and Karl-Anthony Towns. Minott will be able to learn from a blend of young players and veterans during his rookie season.

Although Charania pegs the value of Minott’s new deal at $6.8MM, a four-year minimum-salary contract would be worth $6.94MM, so that’s likely what the former Memphis Tiger is receiving. The Wolves still had a portion of their mid-level exception remaining after signing Kyle Anderson, and will use some of that MLE to complete Minott’s deal.

Warriors Re-Sign Quinndary Weatherspoon To Two-Way Deal

July 22nd, 2022 at 8:49pm CST by Rory Maher

The Warriors have re-signed Quinndary Weatherspoon to a two-way deal, according to NBA.com’s transactions log.

Weatherspoon was the 49th pick of the 2019 draft after four college seasons at Mississippi State. He spent his first two seasons with the Spurs on a two-way deal, appearing in 31 NBA games with modest averages in limited minutes. Players are only able to spend two years on two-way contracts with the same team, and he didn’t get promoted to a standard deal.

The 25-year-old guard caught on with the Warriors, signing an Exhibit 10 training camp deal, but was waived before the season started and spent the first few months with Golden State’s G League affiliate in Santa Cruz. He signed a 10-day hardship club with the Warriors at the end of December, and when that ran out, he received a two-way contract which he remained on for the rest of 2021/22.

Weatherspoon averaged 2.7 PPG and 1.3 RPG in 11 games (6.6 MPG) for the defending champions, but he was much more product for the G League squad, averaging 25.3 PPG, 6.7 RPG, 3.1 APG and 2.1 SPG on .523/.282/.887 shooting in 20 regular season games (30.9 MPG).

Golden State issued Weatherspoon a one-year, two-way qualifying offer in June to make him a restricted free agent, and Michael Scotto of HoopsHype confirms (via Twitter) that he signed that QO.

The Warriors now have both two-way slots filled. Undrafted rookie Lester Quinones holds the other.

Magic Re-Sign Admiral Schofield To Two-Way Deal

July 22nd, 2022 at 8:24pm CST by Rory Maher

The Magic have re-signed Admiral Schofield to a two-way contract, the team announced (via Twitter).

Khobi Price of The Orlando Sentinel was the first to report that Schofield was sticking with the Magic (Twitter link). The 25-year-old forward was issued a one-year, two-way qualifying offer in June to make him a restricted free agent, so he likely just accepted that QO.

The 42nd pick of the 2019 draft, Schofield spent his rookie season with the Wizards, appearing in 33 games (11.2 MPG) with modest averages of 3.0 PPG and 1.4 RPG. He was traded to the Thunder in the 2020 offseason and subsequently waived.

Schofield signed an Exhibit 10 deal with the Magic last year, was waived before the season started, and spent the first few months of 2021/22 with Orlando’s affiliate in Lakeland before signing a couple of 10-day hardship deals during the winter COVID-19 outbreak.

He performed well enough to be promoted to a two-way contract in January, which he remained on until the end of the season. In 38 games (12.3 MPG) with the Magic last season, he averaged 3.8 PPG and 2.3 RPG on .419/.329/.800 shooting.

The Magic now have one of their two-way slots filled, but the second remains open.

Trevion Williams Signs Exhibit 10 Deal With Warriors

July 22nd, 2022 at 8:01pm CST by Rory Maher

The Warriors are signing rookie Trevion Williams to an Exhibit 10 deal, sources tell Shams Charania of The Athletic (Twitter link).

Williams, who is ranked No. 7 on ESPN’s best available undrafted players, most recently suited up for the Celtics in Summer League, averaging 7.4 PPG and 6.6 RPG in five games (14.2 MPG), per RealGM.

The 6’10” big man had a productive college run with the Purdue Boilermakers, earning a couple of All-Big Ten honors the past two seasons while averaging a combined 13.5 PPG, 8.2 RPG and 2.7 APG while shooting 53.5% from the floor and 55.2% from the line in 65 games (30 starts, 22.3 MPG). He was named Big Ten Sixth Man of the Year in 2021/22.

An Exhibit 10 deal is non-guaranteed and worth the minimum, but it could put Williams on track to receive a $50K bonus if he’s waived before the regular season and then joins the Santa Cruz Warriors, Golden State’s G League affiliate.

Williams’ Exhibit 10 contract could also be converted into a two-way deal if he impresses in training camp, although both of Golden State’s two-way spots are currently filled (by Lester Quinones and Quinndary Weatherspoon).

Mac McClung Signs Non-Guaranteed Deal With Warriors

July 22nd, 2022 at 7:00pm CST by Rory Maher

JULY 22: The signing is now official, according to RealGM’s transactions log.

JULY 20: Free agent guard Mac McClung is signing a one-year, non-guaranteed contract with the Warriors, his agent Dan Poneman tells Shams Charania of The Athletic (Twitter links). According to Charania, the contract won’t include Exhibit 10 language, so it can’t be converted to a two-way deal.

McClung most recently appeared in Summer League action for the Warriors, averaging 13.4 PPG, 3.6 RPG, 4.8 APG and 1.0 SPG on .456/.500/.818 shooting in five games (24.4 MPG), per RealGM.

The 23-year-old was an undrafted rookie in 2021 after three college seasons, the last spent with Texas Tech. He signed an Exhibit 10 deal with the Lakers last summer, but was waived in October before the season began.

He signed a couple of 10-day hardship contracts with the Bulls in December and January, but only appeared in one NBA game for just three minutes. He spent the majority of last season in the G League with the Lakers’ affiliate, South Bay, where he was named NBAGL Rookie of the Year.

In 35 NBAGL appearances, including 33 with South Bay, McClung stuffed the stat sheet with averages of 21.0 points, 6.7 rebounds, 7.5 assists and 1.4 steals on .459/.365/.857 shooting.

At the end of last season, the Lakers promoted him to a two-way deal and he appeared in the team’s final game of the season, posting six points and three boards in nearly 22 minutes. However, the contract was only for the remainder of 2021/22, so it was mostly ceremonial.

Golden State is expected to leave its 15th standard roster spot open, with a training camp battle to determine who makes the team, tweets Anthony Slater of The Athletic. There’s also a possibility the Warriors could leave the final spot vacant in order to save money via a lower luxury tax payment, Slater adds.

Andrew Nembhard Signs Four-Year Deal With Pacers

July 22nd, 2022 at 3:03pm CST by Rory Maher

JULY 22: The Pacers have officially signed Nembhard, the team announced today in a press release.

“I’m excited to get my career and rookie season started with the Pacers,” Nembhard said in a statement. “I’m thankful for the opportunity to be a part of such a first-class organization and I can’t wait to play in front of the league’s best fans at Gainbridge Fieldhouse this year!”

JULY 20: The Pacers are signing second-rounder Andrew Nembhard to a four-year, $8.6MM deal, his agents Jaafar Choufani and Todd Ramasar tell ESPN’s Jonathan Givony (Twitter link). Nembhard’s deal includes $6.4MM in guaranteed money over the first three years, which is the most ever for a second-round pick who attended college, Givony reports.

As ESPN’s Bobby Marks observes (via Twitter), the 22-year-old will receive more guaranteed money than several first-round picks, whose contracts are only guaranteed for the first two seasons (years three and four being team options), though that is slightly misleading because Nembhard’s guarantee is spread out over three years instead of two.

Indiana has a team option on the fourth year of the deal, the 2025/26 season, sources tell Scott Agness of Fieldhouse Files. The signing will be completed using a small portion of the Pacers’ cap room.

After a strong showing at the draft combine, Nembhard shot up draft boards, going from a possible late second-rounder to a borderline first-round selection. He was ultimately taken with the first pick of the second round, 31st overall.

The 6’5″ guard spent four years in college, the first two with Florida and then the final two with Gonzaga after transferring before his junior season. In 32 games (32.2 MPG) with the Bulldogs last season, Nembhard averaged 11.8 PPG, 3.4 RPG, 5.8 APG and 1.6 SPG on .452/.383/.873 shooting. He also posted a very solid assist-to-turnover ratio of 2.97-to-1, a strong benchmark for a lead ball-handler.

Once Nembhard’s deal is official, the Pacers will still have one draft pick who is unsigned — Kendall Brown, the 48th selection. The Pacers have an opening on the 15-man roster and both two-way spots available, so either might be a possibility for the athletic forward out of Baylor.