Transactions Rumors | Hoops Rumors

Kings Sign Terry Taylor To Training Camp Deal

September 23rd, 2024 at 6:30pm CST by Alex Kirschenbaum

SEPTEMBER 23: The signing is official, KTXL’s Sean Cunningham tweets.

SEPTEMBER 6: The Kings are signing free agent forward Terry Taylor to a training camp contract, according to NBA insider Chris Haynes (Twitter link).

Exact terms of the agreement have not been reported, but it seems likely to be an Exhibit 10 deal.

Taylor, 24, spent parts of the last two seasons with the Bulls, where the 6’5″ vet played as an undersized small forward.

After going undrafted in 2021, Taylor began his pro career as an affiliate player for the Pacers’ NBAGL team, the Fort Wayne Mad Ants. He inked a two-way deal that December with the Pacers, who converted his contract to a standard deal in April of that same season. Indiana eventually waived him in February 2023.

Taylor was quickly snatched up by the Bulls, on a two-way deal. Ahead of the 2023/24 season, his agreement was converted into a standard contract.

Last year with Chicago in a deep-bench role, Taylor averaged just 1.5 points and 1.2 rebounds across 31 games in 2023/24.

The Kings have 14 players on their standard roster, and all three of their two-way slots occupied. Power forward/center Skal Labissiere and guard Boogie Ellis are currently signed to training camp agreements for Sacramento.

If waived and then signed by a club’s G League affiliate, players who ink Exhibit 10 contracts are eligible for bonuses worth up to $77.5K should they stick around with those affiliate squads for at least 60 days.

Grizzlies Waive Derrick Rose

September 23rd, 2024 at 5:54pm CST by Dana Gauruder

5:54pm: The Grizzlies have officially waived Rose, according to the NBA’s transactions log.

4:00pm: The Grizzlies plan to waive veteran point guard Derrick Rose, sources tell Shams Charania of The Athletic (Twitter link).

Rose had one year left on the two-year, veteran’s minimum contract he signed with Memphis last offseason.

According to Ian Begley of SNY TV (Twitter link), Rose requested to be released from his contract. Expect the former MVP to provide an update on his status later in the week, Begley adds. It remains to be seen whether Rose is contemplating retirement or seeking out another opportunity.

Rose had been expected to battle for playing time behind starting point guard Ja Morant. Memphis’ decision to waive Rose may signal that it will offer a standard contract to Scotty Pippen Jr., who is currently on a two-way deal. However, the Grizzlies will likely target more depth at that position, according to Damichael Cole of the Memphis Commercial Appeal (Twitter link).

There are some veteran point men still on the free agent market, including Markelle Fultz and Dennis Smith Jr. As our Offseason Check-In displays, the Grizzlies have exceptions available if they choose to use them but would risk surpassing the luxury tax line if they offer anyone more than the veteran’s minimum, assuming Rose didn’t give up any of his salary.

Rose, who turns 36 next month, only appeared in 24 games with the Grizzlies last season, including seven starts. He averaged 8.0 points and 3.3 assists in 16.6 minutes. He battled knee, hamstring, ankle and back ailments last season. He hasn’t appeared in more than 27 games in any of the past three seasons after playing in a combined 50 games with Detroit and New York in 2020/21.

The first overall pick of the 2008 draft, Rose made three All-Star teams before knee injuries plagued his career. He has appeared in 723 regular season games, averaging 17.4 points and 5.2 assists in 30.5 minutes.

Jazz Sign, Waive Keshawn Justice

September 23rd, 2024 at 5:52pm CST by Luke Adams

SEPTEMBER 23: The Jazz have waived Justice, according to the NBA’s transactions log.

SEPTEMBER 20: Justice has officially signed with the Jazz, the team confirmed in a press release.

SEPTEMBER 19: The Jazz are expected to sign free agent forward Keshawn Justice to an Exhibit 10 contract, reports Tony Jones of The Athletic (Twitter link).

Justice went undrafted in 2023 after five seasons at Santa Clara. He caught on with the Jazz’s Summer League squad and then spent his first professional season with the team’s G League affiliate, the Salt Lake City Stars.

In 31 Showcase Cup and regular season outings for the Stars, Justice registered averages of 8.8 points, 3.6 rebounds, and 1.4 assists in 23.8 minutes per game. He shot just 38.2% from the field, but made 39.0% of his three-point attempts and 75.0% of his free throws.

The Jazz’s deal with Justice suggests they likely plan on having him rejoin the Stars, who hold his NBAGL returning rights. Justice’s Exhibit 10 contract will put him in line to receive a bonus worth up to $77.5K (on top of his standard G League salary) if he spends at least 60 days with Utah’s G League squad.

Utah has one opening on its 21-man offseason roster, so no corresponding move will be necessary to make room for Justice.

Raptors Sign, Waive Dylan Disu

September 23rd, 2024 at 3:02pm CST by Luke Adams

3:02pm: Just hours after signing him, the Raptors have waived Disu, according to Murphy (Twitter link). They now have 20 players under contract.

9:10am: The Raptors have signed free agent forward Dylan Disu to an Exhibit 10 contract, reports Blake Murphy of Sportsnet.ca (Twitter link).

Disu, 23, began his college career at Vanderbilt in 2019 before transferring to Texas in 2021. Knee surgery limited his effectiveness during his first year with the Longhorns, but he eventually became a crucial part of Texas’ lineup, averaging 15.5 points, 5.0 rebounds, 1.5 assists, 1.3 steals, and 1.1 blocks in 25.8 minutes per game across 25 outings (20 starts) as a super-senior in 2023/24. He posted a shooting line of .465/.451/.812 last season.

After going undrafted in June, Disu joined the Raptors’ Summer League roster in July and saw action in three games in Las Vegas.

In all likelihood, the Raptors are planning on having Disu eventually join their G League team, the Raptors 905. His Exhibit 10 contract will make him eligible for a bonus worth up to $77.5K if he spends at least 60 days with Toronto’s affiliate. While Exhibit 10 deals can also be converted into two-way contracts prior to the season, the club doesn’t currently have a two-way spot available.

The Raptors now have a full 21-man roster, though that doesn’t necessarily mean the team won’t make additional moves between now and the start of training camp next Tuesday.

Hawks Waive Joey Hauser

September 23rd, 2024 at 12:44pm CST by Rory Maher

The Hawks have waived forward Joey Hauser, the team announced today in a press release. Hauser was signed to an Exhibit 10 deal last week.

Hauser, who went undrafted out of Michigan State in 2023, signed a two-way contract with the Jazz last July, but was cut during the preseason. He caught on with the Clippers as a G League affiliate player and spent his rookie season with the Ontario Clippers (now called the San Diego Clippers), appearing in 50 total Showcase Cup and NBAGL regular season games and averaging 7.1 points and 3.4 rebounds in 21.8 minutes per game.

The younger brother of Celtics wing Sam Hauser, Joey made 41.6% of his three-point attempts in his college career at Marquette and MSU, then converted 36.4% of his tries from beyond the arc in the G League last season. He suited up for the Pelicans at the Las Vegas Summer League last month.

The College Park Skyhawks, Atlanta’s NBAGL affiliate, acquired Hauser’s returning rights from the San Diego Clippers a couple weeks ago. Now that he’s been released, the 25-year-old could receive a bonus worth up to $77.5K if he spends at least 60 days with College Park.

The Hawks now have 19 players on their roster, two shy of the offseason limit.

Warriors Waive Donta Scott

September 22nd, 2024 at 5:25pm CST by Dana Gauruder

The Warriors have waived forward Donta Scott, according to NBA.com’s official transaction log.

Scott was signed to an Exhibit 10 contract last week. He was officially cut on Saturday.

Scott wrapped up a five-year college career at Maryland this past spring. As a super-senior in 2023/24, he averaged 11.2 PPG, 4.7 RPG, and 1.1 APG in 33 games (30.2 MPG), with a shooting line of .407/.335/.812. He went undrafted in June, then played for the Warriors in the California Classic and Las Vegas Summer Leagues.

Under the terms of Scott’s Exhibit 10 deal, he’ll make $25K (on top of his standard G League salary) if he spends at least 60 days with Golden State’s affiliate in Santa Cruz after clearing waivers.

By waiving Scott, the Warriors now have three openings on their training camp roster.

Nets Waive Patrick Gardner

September 22nd, 2024 at 3:35pm CST by Alex Kirschenbaum

Center Patrick Gardner has been waived by the Nets, per Brian Lewis of The New York Post (Twitter link). Brooklyn had initially signed the 25-year-old to an Exhibit 10 contract earlier this week.

Last year, the 6’11” big man inked the same training camp deal and was quickly waived after going undrafted out of Marist. He spent the 2023/24 season with Brooklyn’s G League affiliate club, the Long Island Nets. Across 28 Showcase Cup and regular season bouts, Gardner averaged 7.7 points and 5.1 rebounds per game on .500/.364/.731 shooting splits.

It seems quite likely he is bound for the same fate with Long Island again this season as a returning rights player, Lewis notes. Should he report back to the G League and spend at least 60 days with the Nets’ NBAGL affiliate, Gardner will earn a bonus worth up to $77.5K.

Gardner recently played for Basketball Africa League champions Petro de Luanda of Angola at the FIBA Intercontinental Cup in Singapore. He appeared in three games for the team, averaging 11.7 PPG and 5.7 RPG on .444/.333/.727 shooting.

Isaiah Wong, Jazz Reach Agreement On Exhibit 10 Deal

September 22nd, 2024 at 10:30am CST by Arthur Hill

Isaiah Wong will join the Jazz for training camp on an Exhibit 10 contract, agent Darrel Comer of Tandem tells Michael Scotto of HoopsHype (Twitter link).

The 23-year-old shooting guard spent last season as a two-way player with the Pacers. He made just one brief NBA appearance, but he averaged 14.8 points, 3.6 rebounds and 3.2 assists in 30 regular season games with the team’s G League affiliate.

Wong was selected with the 55th pick in the 2023 draft after four seasons at Miami, Florida, where he was named ACC Player of the Year in 2023. He was chosen to participate in the G League Invitational tournament earlier this month, and he took part in the Next Up Game at All-Star Weekend.

The Exhibit 10 contract gives Wong an opportunity to earn a bonus of up to $77.5K if he’s waived by Utah and spends at least 60 days with the franchise’s G League team.

The Jazz are already at the 21-player limit for their preseason roster, so another move will be necessary before Wong’s contract can be finalized.

Nets Sign Amari Bailey To Exhibit 10 Contract

September 21st, 2024 at 7:38pm CST by Luke Adams

SEPTEMBER 21: Bailey has officially signed with the Nets, according to RealGM’s NBA transaction log.

SEPTEMBER 19: Free agent guard Amari Bailey has agreed to sign a non-guaranteed Exhibit 10 contract with the Nets, agent Kevin Bradbury tells Michael Scotto of HoopsHype (Twitter link).

A one-and-done college player at UCLA, Bailey was drafted 41st overall by the Hornets in 2023. He spent his rookie year on a two-way deal with the club, appearing in just 10 games at the NBA level for Charlotte but playing a significant role for the Greensboro Swarm in the G League.

In 36 Showcase Cup and regular season games for the Swarm, Bailey averaged 18.8 points, 4.8 rebounds, and 4.2 assists in 30.9 minutes per contest. His shooting line was .451/.358/.695.

The Hornets opted not to tender Bailey a qualifying offer in June. As a result, he became an unrestricted free agent.

Bailey is one of several players to have reached Exhibit 10 agreements with the Nets this offseason, along with Killian Hayes, Mark Armstrong, and KJ Jones. Brooklyn has a pair of two-way contract slots available, so it’s possible Bailey will get a chance to compete for one of those spots this fall.

Rockets Reach Buyout Agreement With AJ Griffin

September 20th, 2024 at 10:00pm CST by Luke Adams

10:00pm: Griffin has been placed on waivers, according to NBA.com’s official transaction log.

4:28pm: The Rockets have reached a buyout agreement with forward AJ Griffin, reports Jonathan Feigen of The Houston Chronicle (subscription required).

Reporting last week indicated that Griffin was “seriously considering” the possibility of stepping away from basketball and that the Rockets were preparing for his departure from the sport. The buyout agreement between the two sides will allow Griffin to sit out the 2024/25 season while weighing whether or not he wants to continue his career beyond that, a source tells Feigen.

The 16th overall pick of the 2022 draft and the son of longtime NBA assistant and former Bucks head coach Adrian Griffin, AJ Griffin had a promising rookie season with the Hawks, averaging 8.9 points per game with a .465/.390/.894 shooting line in 72 contests (19.5 MPG).

However, he missed time due to leg and ankle issues and personal reasons in 2023/24 and didn’t play much when he was available, averaging just 8.6 minutes per contest in 20 appearances. The former Duke Blue Devil’s scoring numbers cratered to 2.4 PPG on 29.0% shooting, including 25.6% on three-point attempts.

The Rockets attempted to buy low on Griffin earlier this offseason, trading the No. 44 pick to Atlanta in exchange for the 21-year-old. That transaction was eventually turned into a three-team deal that saw Atlanta move up to No. 43, flipping No. 44 and cash to Miami.

The Rockets had reportedly long been interested in Griffin, and in July he expressed excitement about having a fresh start with Houston. But his struggles continued in Summer League, where he shot just 38.2% from the field, including 28.0% from beyond the arc, in a setting where former first-round picks with multiple years of NBA experience typically thrive.

According to Feigen, the buyout agreement between Griffin and the Rockets is worth $250K. It’s unclear whether that means the forward is giving up $250K, slightly reducing his $3.89MM cap hit for 2024/25, or giving up nearly his entire salary and leaving Houston with a cap charge of just $250K. We’ll have to wait for the official details to confirm the specific numbers.

Griffin’s rookie scale contract included a $5.97MM team option for 2025/26. That option will be declined automatically when Houston places him on waivers.

The move opens up a spot on Houston’s projected 15-man regular season roster. The club doesn’t have to carry a 15th man to open the season, but has more than enough breathing room below the luxury tax line to accommodate a minimum-salary signing.