Transactions Rumors | Hoops Rumors

Pacers Sign Reggie Perry To 10-Day Hardship Deal

February 4th, 2022 at 12:53pm CST by Luke Adams

The Pacers have signed big man Reggie Perry to a 10-day contract, the team announced today in a press release. The deal will run through February 13, covering Indiana’s next five games.

According to the Pacers, Perry has been signed using a COVID-related hardship exception. Domantas Sabonis is currently listed in the health and safety protocols, though he’s expected to exit soon, tweets Scott Agness of Fieldhouse Files.

As long as Sabonis or another Pacer is in the protocols, Perry can be active. If Sabonis exits the protocols and no other players enter, Perry can finish his 10-day contract with the team, but would no longer be eligible to play.

The 57th overall pick in the 2020 draft, Perry spent his rookie year in ’20/21 on a two-way contract with the Nets, averaging 3.0 PPG and 2.8 RPG in 26 games (8.1 MPG) at the NBA level and putting up 18.1 PPG and 8.9 RPG in 15 games (28.8 MPG) for the Long Island Nets in the G League.

Perry signed with the Raptors for training camp this fall, then joined Toronto’s G League affiliate after failing to secure a spot on the regular season roster. He has averaged a double-double (18.7 PPG, 10.8 RPG) in 24 games (29.9 MPG) for the Raptors 905 this season.

Perry previously signed a 10-day hardship contract with Portland in late December and appeared in two games for the Trail Blazers. He was paid $85,578 for that deal and will get the same amount for the 10 days he spends with the Pacers. That money won’t count against team salary for cap or tax purposes.

The Pacers are dealing with a frontcourt shortage, missing both Myles Turner and Isaiah Jackson due to injuries while Sabonis remains in the protocols. As a result, Perry could see minutes immediately for Indiana.

Lance Stephenson Signs With Pacers For Rest Of Season

February 3rd, 2022 at 10:57am CST by Arthur Hill

FEBRUARY 3: Stephenson has signed with the Pacers for the rest of the season, according to Scott Agness of Fieldhouse Files and Stephenson’s agency, Priority Sports (Twitter links). Agness confirms (via Twitter) that the deal won’t cover multiple seasons, so the veteran swingman will be a free agent this summer.

FEBRUARY 2: The Pacers will sign Lance Stephenson for the remainder of the season, tweets Shams Charania of The Athletic. Stephenson’s latest 10-day contract expired on Wednesday night.

Stephenson came to Indiana at the beginning of January on a pair of 10-day hardship deals while the team dealt with a COVID-19 outbreak. When those expired, he signed two standard 10-day contracts. In total, he has appeared in 17 games, averaging 9.4 points and 4.2 assists per night.

Stephenson isn’t eligible to sign another standard 10-day deal with the team this season. Marc Stein of Substack notes that he could have inked another hardship contract as long as Domantas Sabonis remains in the league’s health and safety protocols (Twitter link). However, if Sabonis were to exit before the 10 days are up, Stephenson would be ineligible to play.

The Pacers have known for some time that they were going to sign Stephenson for the rest of the season, Stein tweets. There has been discussion about keeping a roster spot open for added flexibility heading into next Thursday’s trade deadline, so we’ll have to wait to see when Stephenson’s contract becomes official.

Justin Jackson Signs Second 10-Day Deal With Suns

February 1st, 2022 at 5:00pm CST by Alex Kirschenbaum

The Suns have signed forward Justin Jackson to a second 10-day contract, the team announced today (via Twitter). Last month, Phoenix signed Jackson to a 10-day deal via a hardship exemption, as the team had several players in the NBA’s COVID-19 health and safety protocols at the time.

The Suns don’t currently have any players in the protocols, but they also have a full 15-man roster. It seems likely that Phoenix was granted a more traditional (non-COVID) hardship exception due to its injury situation. Dario Saric, Frank Kaminsky, Abdel Nader, and Cameron Payne are all currently sidelined with longer-term ailments.

Jackson, 26, was selected with the No. 15 pick in the 2017 draft out of North Carolina in 2017 and spent his first season with the Kings. He next suited up for the Mavericks, Thunder, and Bucks.

Earlier this season, Jackson signed a 10-day hardship exception deal with the Celtics, appearing in one game for Boston. He then joined the reigning Western Conference champs in Phoenix in January. Across three games with the Suns, Jackson is averaging 4.3 PPG and 2.0 RPG in 7.7 MPG, shooting 71.4% from the field and 60% on 1.7 looks from the three-point line per game.

In 252 total NBA games, the 6’8″ tweener forward holds career averages of 6.6 PPG, 2.5 RPG, and 1.1 APG, with shooting splits of .428/.323/.799.

Thunder Re-Sign Mamadi Diakite To 10-Day Deal

January 31st, 2022 at 11:54am CST by Luke Adams

The Thunder have brought back forward Mamadi Diakite on another 10-day contract, the team announced today in a press release. Diakite’s previous 10-day deal expired on Sunday night.

Diakite, 25, has averaged 3.0 PPG and 3.3 RPG in eight games (11.6 MPG) with the Thunder over the course of a pair of 10-day contracts. This will be Diakite’s third 10-day pact with Oklahoma City — the first was a hardship deal and the second was a standard agreement.

The Thunder don’t currently have any players in the health and safety protocols, so this new deal will be a standard contract too. Assuming they aren’t eligible for a hardship exception when Diakite’s 10-day deal expires, the Thunder will have to either sign him to a rest-of-season contract or let him go at that point.

Diakite was in training camp with Oklahoma City in the fall, but fractured his hip and was waived at the end of the preseason. He spent his rookie year in 2020/21 with the Bucks after going undrafted out of Virginia, appearing in 14 regular season games and seven postseason contests for the NBA champions.

The 6’9″ forward will earn another $85,578 over the course of his 10 days with Oklahoma City. That figure will count against team salary for cap and tax purposes, which won’t be a problem for a Thunder club that remains significantly below the league’s minimum salary floor.

Diakite’s contract will run through February 9, covering OKC’s next six games.

Heat Sign Chris Silva To Fourth 10-Day Contract

January 31st, 2022 at 8:42am CST by Luke Adams

The Heat have signed forward Chris Silva to a fourth 10-day contract, according to Ira Winderman of The South Florida Sun Sentinel (Twitter link). Silva’s third 10-day deal with the team expired on Sunday night.

Silva, 25, has appeared in a total of seven games for Miami since first signing with the club back on December 31. He has averaged 3.4 PPG and 3.7 RPG in 9.0 minutes per contest while providing depth in the frontcourt.

A player is typically limited to no more than two 10-day contracts with the same team in a single season, but that restriction doesn’t apply to 10-day deals completed using a COVID-related hardship exception. All four of Silva’s contracts have been hardship deals, since the Heat have had players in and out of the health and safety protocols for over a month.

Omer Yurtseven entered the protocols over the weekend and is currently the only Heat player affected. If he exits the protocols before Silva’s new 10-day deal expires and no one new enters, Silva will be ineligible to play at that point.

Silva has earned $95,930 on each of his 10-day contracts this season, including one with Minnesota in December. By the time his new deal expires (on the night of February 9), he’ll have received nearly $480K in total, which exceeds the minimum salary for a player on a two-way contract in 2021/22.

Silva is the second player to sign four 10-day contracts with the same club this season, joining Lance Stephenson (Pacers).

Pelicans Sign Wenyen Gabriel Via Hardship Exception

January 29th, 2022 at 10:25am CST by Dana Gauruder

The Pelicans have signed forward Wenyen Gabriel to a 10-day contract via the hardship exception, according to a team press release.

This is fourth time Gabriel has signed a 10-day under the hardship provision this season after being waived by the Bucks during training camp. He had a pair of those contracts with the Clippers and an earlier one with the Nets. He has appeared in seven NBA games this season, averaging 2.0 PPG and 2.1 RPG in 6.7 MPG. Gabriel played 21 games for the Pelicans last season.

New Orleans rookie Trey Murphy has been in the league’s health and safely protocols since Monday and the team also listed Didi Louzada in the protocols prior to Friday’s game.

Gabriel has also worn a Trail Blazers and Kings uniform after going undrafted in 2018. He’s appeared in 58 career games, averaging 2.6 PPG and 2.1 RPG in 9.0 MPG.

Most recently, Gabriel has appeared in 14 games (12 starts) for the Wisconsin Herd, Milwaukee’s NBA G League affiliate, averaging 14.1 PPG, 8.2 RPG and 2.1 BPG in 25.9 MPG.

DeMarcus Cousins Cut, Re-Signed By Nuggets

January 29th, 2022 at 7:43am CST by Dana Gauruder

DeMarcus Cousins was cut by the Nuggets on Friday and then re-signed to a standard 10-day contract, Katy Winge of Altitude TV tweets. The signing was confirmed on NBA.com’s transactions log.

Cousins signed a 10-day contract under the hardship exception on January 21. That contract was initially reported as a standard 10-day deal and the team’s press release did not indicate the hardship exception was used. However, if it had been a standard 10-day, the team wouldn’t have needed to re-sign him within that time frame.

Jamal Murray was still listed on Friday as being in protocols, so perhaps this is an indication he’ll soon be removed from that list. It’s also possible that Cousins wasn’t deemed eligible to play on his hardship deal while Murray was the only Nugget in the protocols, since Murray is still recovering from an injury and wouldn’t have been available anyway.

Cousins has appeared in four games as Nikola Jokic‘s backup, averaging 6.3 PPG and 6.5 RPG in 12.5 MPG.

Cousins, 31, spent a little over five weeks with the Bucks from late November to early January, averaging 9.1 PPG and 5.8 RPG in 17 games (16.9 MPG) for the defending champs. Milwaukee opted to waive the veteran center before his salary for 2021/22 could become fully guaranteed, making him a free agent.

He can sign one more standard 10-day deal with the Nuggets before they must decide whether to give him a rest-of-the-season contract or let him walk.

Jazz Sign Danuel House To Third 10-Day Contract

January 28th, 2022 at 12:09pm CST by Luke Adams

12:09pm: House has officially signed his new 10-day contract with the Jazz, according to NBA.com’s transactions log.

8:10am: The Jazz are re-signing forward Danuel House to a new 10-day contract, league sources tell Tony Jones of The Athletic (Twitter link). House’s previous 10-day deal with the club expired on Thursday night.

House, 28, has appeared in six games so far with Utah, averaging 6.2 PPG, 2.7 RPG, and 1.7 APG in 19.8 minutes per contest. He has a shooting line of .429/.333/.636 in those six games and has played his usual solid defense on the wing.

House, who began the season with the Rockets, was waived in December by Houston and quickly caught on with the Knicks on a 10-day hardship deal. After that deal expired, he signed with the Jazz, first on a 10-day hardship contract, then on a standard 10-day pact.

A player typically isn’t permitted to sign more than two 10-day contracts with the same time in a season, but hardship deals don’t count toward that limit, so House is permitted to sign a third 10-day contract with the Jazz, since it’s only his second standard 10-day.

According to Jones, House is expected to finalize his new deal on Friday and to be active for tonight’s game in Memphis. That means his contract would run through February 6, covering the Jazz’s next four games. At that point, Utah would have to either sign him for the rest of the season or let him walk, since he wouldn’t be eligible for another standard 10-day deal.

The Jazz currently only have 13 players on standard, full-season contracts, so even if they were to make a rest-of-season commitment to House before the trade deadline, they’d still have an opening on their 15-man roster, giving them some roster flexibility.

Lakers Sign Stanley Johnson To Two-Year Deal

January 27th, 2022 at 11:12am CST by Luke Adams

JANUARY 27: The Lakers have officially signed Johnson, per a team press release.

JANUARY 26: The Lakers and forward Stanley Johnson have agreed to a two-year deal, according to Shams Charania of The Athletic (Twitter link). The second year will be a team option, per ESPN’s Adrian Wojnarowski, who says (via Twitter) the contract is expected to be signed on Thursday.

Johnson has been with Los Angeles for the last month, having initially signed a hardship 10-day contract with the team on December 24. That was followed by two standard 10-day deals, the second of which will expire on Wednesday night.

Because a team can’t sign a player to more than two standard 10-day contracts in a season, the Lakers would’ve had to let Johnson walk if they weren’t prepared to give him a rest-of-season commitment.

However, Johnson has become a key part of Los Angeles’ rotation since his arrival, playing strong defense and averaging 6.4 PPG and 2.6 RPG on .516/.344/.789 shooting in 14 games (21.2 MPG). Letting him go wasn’t something L.A. wanted to do, even if it would’ve allowed the team to keep a 15-man roster spot open for added flexibility leading up to the February 10 trade deadline.

According to Wojnarowski (via Twitter), Johnson’s willingness to accept a team option for 2022/23 was a factor in the Lakers’ decision to commit its 15th roster spot to him, since that option will give the club some roster flexibility in the offseason.

Prior to signing with the Lakers last month, Johnson had been playing with the team’s G League affiliate, the South Bay Lakers. The 25-year-old signed a 10-day hardship deal with the Bulls earlier in December, but entered the health and safety protocols before appearing in a game with the team, then joined L.A. after that deal expired and he was cleared from the protocols. The No. 8 overall pick in the 2015 draft, Johnson has also played for the Pistons, Pelicans, and Raptors since entering the NBA.

Assuming Johnson signs his contract on Thursday and it’s worth the veteran’s minimum, he’ll earn $888,616 for the rest of the season. The agreement will ultimately cost the Lakers more than that, since they’re well above the luxury tax line.

A minimum-salary team option for Johnson for 2022/23 would be worth $2,351,521.

Pacers Sign Lance Stephenson To Fourth 10-Day Contract

January 24th, 2022 at 12:37pm CST by Luke Adams

The Pacers have signed Lance Stephenson to a second standard 10-day contract, the team announced today in a press release. It’s Stephenson’s fourth overall 10-day deal with Indiana this season, since he also inked two hardship contracts with the club.

Stephenson, 31, quickly became a regular rotation player for the Pacers after first rejoining the organization on January 1. He has appeared in 11 games so far, averaging 9.5 PPG, 3.6 APG, and 2.5 RPG on .462/.281/.800 shooting in 19.0 minutes per contest.

There was an expectation at one point earlier this month that Indiana would lock up Stephenson for the rest of the season, but the team has opted to continue the relationship 10 days at a time for now. That allows the Pacers to remain flexible with their roster ahead of the February 10 trade deadline.

A player typically isn’t allowed to sign more than two 10-day contracts with the same team in a given league year, but that restriction only applies to standard 10-day agreements, not to those completed using a COVID-related hardship exception.

While several players have signed three 10-day deals with the same club so far this season, Stephenson is the first to get a fourth. He signed hardship contracts on January 1 and January 11, then completed a new standard 10-day deal on January 14 so that he could remain active when the Pacers no longer had any players in the health and safety protocols — that contract expired on Sunday night.

Because this is Stephenson’s second standard 10-day deal, the Pacers will face a decision on his future soon. Assuming Indiana doesn’t have any players in the protocols when his new contract expires next week, Stephenson would have to be signed for the rest of the season or let go.