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Suns, Mamadi Diakite Agree To Exhibit 10 Contract

September 13th, 2024 at 1:54pm CST by Rory Maher

The Suns are signing free agent big man Mamadi Diakite to an Exhibit 10 contract, sources tell Michael Scotto of HoopsHype (Twitter link).

While it’s possible that Diakite could impress Phoenix during training camp and earn a spot on the team’s standard roster, it seems more likely the move was designed for him to open the season in the NBA G League. The Suns currently have 14 players on guaranteed standard contracts, but they’re well over the second luxury tax apron — adding a 15th standard deal would be very expensive and inhibit roster flexibility.

Earlier on Friday, the Valley Suns, Phoenix’s new NBAGL affiliate, announced that they had acquired Diakite’s returning player rights from the Westchester Knicks (New York’s affiliate) in exchange for the returning player rights to Theo Maledon and Trevion Williams (Twitter link).

If Diakite is waived before the 2024/25 season begins, he’ll be eligible for a bonus worth up to $77.5K (on top of his regular NBAGL salary) if he spends at least 60 days with the Valley Suns. As a four-year veteran, he is no longer eligible for a two-way contract.

A 6’9″ forward/center who played his college ball at Virginia, Diakite has appeared in a total of 55 regular season games for the Bucks, Thunder, Cavaliers, Spurs, and Knicks since making his NBA debut in 2021. He holds career averages of 3.1 points and 2.3 rebounds in 9.6 minutes per contest.

Diakite, 27, finished last season with the Knicks, then was traded to Brooklyn in the Mikal Bridges blockbuster in July. He was flipped from the Nets to the Grizzlies in a subsequent deal that sent Ziaire Williams to Brooklyn and allowed Memphis to re-sign Luke Kennard while staying out of luxury tax territory.

The Grizzlies wound up waiving Diakite last month, using the stretch provision to spread his $1,392,150 partial guarantee over the next three seasons ($464,050 annually through 2026/27).

As Scotto observes, Diakite won a title with Milwaukee in 2021. At the time, the Bucks were led by Mike Budenholzer, who is now Phoenix’s head coach.

Heat Waive Bryson Warren, Malik Williams

September 12th, 2024 at 12:43pm CST by Rory Maher

The Heat have waived Bryson Warren and Malik Williams, the team announced (via Twitter). Both players were signed to Exhibit 10 contracts on Wednesday.

As Barry Jackson of The Miami Herald points out (Twitter link), the moves were procedural, as both players are expected to spend the upcoming season with the Sioux Falls Skyforce, Miami’s NBA G League affiliate. If they spend at least 60 days with the Skyforce, each player could earn a bonus worth up to $77.5K on top of their regular NBAGL salary.

Warren, a 6’3″ guard, spent all of last season with Sioux Falls, averaging 6.9 PPG and 1.8 APG on .376/.325/.800 shooting in 27 total games (17.4 MPG). The 19-year-old turned pro early, previously playing in the Overtime Elite league, but technically didn’t declare for the NBA draft until this year, when he went undrafted.

Williams, a 6’11” center, spent most of last season with Sioux Falls before receiving a 10-day contract and a rest-of-season deal from Toronto at the end of ’23/24. Overall, the 26-year-old big man played in 42 games with the Skyforce and seven with the Raptors. He went undrafted out of Louisville in 2022 and spent his first pro season in Poland.

The Heat are back down to 19 players under contract, two shy of the offseason maximum.

Magic Sign Jarrett Culver, Two Others To Exhibit 10 Deals

September 11th, 2024 at 7:34pm CST by Alex Kirschenbaum

7:43pm: The Magic have confirmed the new signings in a press statement (Twitter link).

7:34pm: Free agent journeyman guard Jarrett Culver has agreed to a deal with the Magic, his agents BJ Bass and Cam Brennick inform Michael Scotto of HoopsHype (Twitter link).

Jason Beede of The Orlando Sentinel reports (via Twitter) that Culver’s contract will include Exhibit 10 language and reveals that free agent forwards Tre Scott and Jalen Slawson are also signing Exhibit 10 training camp deals.

The Suns selected Culver, a 6’6″ shooting guard/small forward out of Texas Tech, with the No. 6 pick in the 2019 draft and sent him to the Timberwolves in a draft-night deal. The 25-year-old has since also suited up for the Grizzlies and Hawks. Across 144 regular season NBA contests (43 starts), Culver has averaged 6.5 points on .401/.276/.509 shooting splits. He also registered averages of 2.8 rebounds, 1.2 assists and 0.7 steals per game.

Scott, 27, has mostly suited up for G League affiliate teams since going undrafted out of Cincinnati in 2020. All told, he has appeared on one 10-day hardship deal with the Cavaliers during the 2021/22 season, earning minutes in a pair of NBA games.

The 24-year-old Slawson was drafted by the Kings out of Furman with the No. 54 pick in 2023. Sacramento inked the 6’7″ wing to a two-way contract. He played in 12 games for the Kings during the 2023/24 season, averaging a scant 3.1 minutes per contest.

Orlando has a tandem of two-way contract slots available heading into training camp. According to Beede, Scott and Slawson will now compete against previously-announced signings Myron Gardner and Mac McClung for those two openings. As Beede tweets, Culver will be ineligible to compete for a two-way deal because he has too many NBA years of service.

Exhibit 10 deals can be converted into two-way agreements ahead of an NBA season. If, however, a player is waived by a team, they’ll still have access to a bonus worth as much as $77.5K — provided they spend at least 60 days with their club’s G League affiliate.

Nuggets Sign Jamal Murray To Four-Year Max Extension

September 11th, 2024 at 6:30pm CST by Luke Adams

SEPTEMBER 11: Murray’s extension is official, the Nuggets confirmed in a press release.

SEPTEMBER 7: The Nuggets and star guard Jamal Murray have reached an agreement on a four-year, maximum-salary contract extension that will begin in 2025/26, agents Jeff Schwartz and Mike George tell Adrian Wojnarowski of ESPN.

Assuming the salary cap increases by the maximum allowable 10% next summer, as projected, Murray’s four-year deal will be worth $207,845,568. Taking into account his $36,016,200 salary for the ’24/25 season, the 27-year-old is now on track to earn just shy of $244MM over the next five seasons.

Murray is considered perhaps the most accomplished active player not to have made an All-Star team. He holds career averages of 17.5 points, 4.5 assists, and 3.7 rebounds in 30.7 minutes per game, with a .452/.380/.867 shooting line across 469 total appearances for the Nuggets, who drafted him with the seventh overall pick in 2016.

Murray has been even better (24.2 PPG, 6.2 APG, 4.9 RPG, .459/.389/.911 shooting) in 65 postseason contests and played a key role in helping Denver win the 2023 championship.

Last season, he matched his career high with 21.2 PPG. His 6.5 APG and .425 3PT% were also career bests, though he was limited to 59 games due to health issues.

Word broke in late June that Murray and the Nuggets were expected to finalize a four-year max extension. When more than two months passed without a deal, there was speculation that Denver may be rethinking that $52MM-per-year investment, especially after the veteran guard struggled in the 2024 postseason and at the Paris Olympics as a member of the Canadian national team.

However, it seems the Nuggets’ commitment to Murray hasn’t wavered. His new contract will make him one of the NBA’s highest-paid guards and will run through the 2028/29 season.

Murray, superstar center Nikola Jokic, and forward Michael Porter Jr. will earn a combined $140MM for Denver in 2025/26, with that total increasing to roughly $150MM in ’26/27. Jokic and Porter are each eligible to reach unrestricted free agency in 2027 (Jokic holds a ’27/28 player option).

The Nuggets’ roster may get even more expensive if the team is able to work out a new contract with its other starting forward, Aaron Gordon. Gordon will earn $22.8MM in 2024/25 and holds a player option worth the same amount for ’25/26. He’ll become extension-eligible later this month and would be able to negotiate a new deal at any time this season.

Markieff Morris Re-Signs With Mavericks

September 11th, 2024 at 5:14pm CST by Arthur Hill

SEPTEMBER 11: The agreement is now official, the Mavericks have announced. It’s a one-year, non-guaranteed deal for Morris, per Michael Scotto of HoopsHype (Twitter link).

The deal includes an Exhibit 9 clause for Morris, who gave up his right to veto a trade as part of the agreement, Hoops Rumors has learned.

SEPTEMBER 7: Markieff Morris has reached an agreement to return to the Mavericks, sources tell Shams Charania of The Athletic (Twitter link). The deal was confirmed by Morris’ agent, Yony Noy of LAA Partners, Charania adds (Twitter link).

Even though he didn’t see much playing time, the 35-year-old power forward was a strong veteran leader for Dallas during its run to the NBA Finals. Morris appeared in 26 games during the regular season and averaged 2.5 points and 1.5 rebounds in 8.3 minutes per night. He was only used in one postseason game.

Re-signing Morris was an offseason priority for the Mavs, Charania states. They currently have 14 players with fully guaranteed contracts, along with A.J. Lawson, whose $2.1MM salary for this season is non-guaranteed until the league-wide guarantee date of January 10.

Dallas will be at the limit of 21 players for training camp once Morris’ new deal is finalized.

This will be the 14th NBA season for Morris, who was selected by the Suns with the 13th pick in the 2011 draft. After four and a half seasons in Phoenix and three years in Washington, Morris has become somewhat of a journeyman, spending time with six teams in the past five years.

He came to the Mavericks from Brooklyn at the 2023 deadline as part of the trade that sent Kyrie Irving to Dallas. He was also a free agent last summer and signed a one-year deal in September.

Heat Sign Bryson Warren To Exhibit 10 Deal

September 11th, 2024 at 4:55pm CST by Alex Kirschenbaum

Free agent guard Bryson Warren has signed with the Heat, the team has announced (Twitter link).

Anthony Chiang of The Miami Herald (via Twitter) confirms that the deal is an Exhibit 10 training camp contract, which will put the Heat’s preseason roster at a capacity 21 players.

Following his sophomore high school season at Arkansas’ Little Rock Central HS, Warren opted to go pro, signing a deal with Overtime Elite in 2021.

He spent two seasons with OTE, then was selected with the No. 13 pick in the 2023 NBA G League draft by Miami’s NBAGL affiliate, the Sioux Falls Skyforce. In 2023/24, Warren averaged 6.9 points, 1.8 dimes, 1.4 boards, and 0.6 steals per game across 27 contests (two starts) between the G League’s regular season and Showcase Cup.

Warren played for the Heat’s Summer League squad this season. The 6’3″ guard averaged 7.9 minutes per game across his three appearances.

Exhibit 10 signees are eligible for bonuses worth as much as $77.5K, should they be waived by the team that signs them and subsequently log at least 60 days with that team’s G League affiliate club.

Magic Sign Myron Gardner To Exhibit 10 Contract

September 11th, 2024 at 3:50pm CST by Luke Adams

7:45pm: Orlando has now confirmed the signing of Garnder, via a press statement (via Twitter).

3:50pm: The Magic are signing free agent wing Myron Gardner to an Exhibit 10 contract, a league source tells Jason Beede of The Orlando Sentinel (Twitter link). Chris Haynes (Twitter link) first reported that the two sides had reached a deal, citing agent Jake Cohen.

Gardner, who began his college career at Georgetown, transferred to Little Rock and then went undrafted in 2023 after deciding to forgo his final year of NCAA eligibility.

Gardner caught on with the Osceola Magic, Orlando’s G League affiliate, and appeared in 47 Showcase Cup and regular season games for the team last season, averaging 5.4 points, 4.4 rebounds, and 1.1 assists in 15.4 minutes per contest. His shooting line was .425/.317/.600. He also played for Orlando’s Summer League team in Las Vegas this July.

Since the Magic control Gardner’s G League returning rights, signing him to an Exhibit 10 contract will allow the team to award him a bonus worth up to $77.5K if he’s waived by Orlando and then spends at least 60 days with Osceola.

Once Gardner’s signing is official, the Magic will have 17 players under contract, including 15 on guaranteed standard deals and Trevelin Queen on a two-way deal. The club still has a pair of two-way slots open, and while Gardner could theoretically vie for one of those spots, I’d be surprised if that’s the plan, given his limited contributions at the G League level in 2023/24.

Heat Sign Malik Williams To Exhibit 10 Contract

September 11th, 2024 at 12:24pm CST by Luke Adams

The Heat have signed free agent big man Malik Williams to their roster on an Exhibit 10 contract, according to Ira Winderman of The South Florida Sun Sentinel (Twitter link). Michael Scotto of HoopsHype (Twitter link) first reported that Miami was signing Williams to a camp deal.

Williams, who went undrafted out of Louisville in 2022, played in Poland during his first professional season, then spent most of last year with the Sioux Falls Skyforce, Miami’s G League affiliate. The 6’11” forward/center earned a call-up to the NBA in April, signing a 10-day contract and a rest-of-season deal with the Raptors just before the end of the regular season.

Williams started two of the seven games he played for Toronto, averaging 2.7 points and 5.4 rebounds in 15.3 minutes per night and making just 9-of-34 (26.5%) shots from the floor. The 26-year-old was more effective in Sioux Falls, where he put up 10.1 PPG, 8.0 RPG, and 1.3 BPG in 42 Showcase Cup and regular season games for the Skyforce. Still, his shooting numbers (.426/.311/.684) were below average, especially for a big man.

According to Winderman, Williams’ deal is “seen as more of a G League move” for the Heat, which suggests they expect to waive him and have him return to the Skyforce for the 2024/25 season rather than giving him a shot to compete for a spot on Miami’s 18-man regular season roster. If he spends at least 60 days with Sioux Falls, Williams will be eligible to earn a bonus worth up to $77.5K on top of his standard G League salary.

The Heat now have 20 players under contract, including 14 on standard guaranteed deals, three on two-ways, and three on Exhibit 10s.

Nets Sign, Waive Tyson Etienne

September 11th, 2024 at 11:40am CST by Dana Gauruder

SEPTEMBER 11: Brooklyn has now waived Etienne, according to Keith Smith of Spotrac (Twitter link). As detailed below, the guard is on track to become a returning rights player for the Long Island Nets.

SEPTEMBER 10: The Nets have signed guard Tyson Etienne, Evan Barnes of Newsday tweets. It’s likely an Exhibit 10 deal.

Brooklyn’s G League affiliate, the Long Island Nets, acquired Etienne’s returning rights from the College Park Skyhawks — Atlanta’s affiliate — last week.

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 if they remain with those affiliate squads for at least 60 days. It’s likely that’s what will happen in this case.

In 51 regular season games with the Skyhawks from 2022-24, Etienne averaged 7.6 points, 3.5 assists, 2.6 rebounds and 0.7 steals per contest, with a shooting line of .444/.356/.722.

Etienne went undrafted out of Wichita State in 2022. He is a nephew of former NBA player Marcus Camby and cousin of longtime NBA center DeAndre Jordan.

Brooklyn still has a few openings for its training camp roster, so it’ll add more players in the coming weeks. The club currently has 17 players under contract and has also reportedly reached Exhibit 10 agreements with Killian Hayes, Mark Armstrong, and KJ Jones.

Hornets Sign Marcus Garrett, Joel Soriano, Caleb McConnell

September 11th, 2024 at 8:23am CST by Luke Adams

8:23am: The Hornets have officially announced the signings and confirmed that all three players, plus Johnson, are on Exhibit 10 contracts, as expected.

8:13am: The Hornets are signing free agents Marcus Garrett, Joel Soriano, and Caleb McConnell to training camp contracts, league sources tell Rod Boone of The Charlotte Observer (Twitter link).

Garrett, a 6’5″ guard who went undrafted out of Kansas in 2021, spent part of his rookie season on a two-way contract with the Heat and appeared in 12 games for Miami. However, the former Naismith Defensive Player of the Year has primarily played in the G League since going pro. He spent last season with the Greensboro Swarm and played for the Hornets’ Summer League team in Las Vegas this July.

Soriano, a 6’10” center, went undrafted in June after finishing his college career at St. John’s. The big man averaged a double-double (14.5 points, 10.7 rebounds) in 66 games during his final two college seasons while also chipping in 1.6 blocks and 1.4 assists in 29.3 minutes per contest.

McConnell went undrafted out of Rutgers in 2023 and spent his rookie year with the Oklahoma City Blue, the Thunder’s G League affiliate. The 6’7″ wing, a two-time Big Ten Defensive Player of the Year in college, averaged 7.1 points, 5.7 rebounds, and 2.2 assists in 21.7 minutes per game across 47 Showcase Cup and regular season appearances for the Blue, who won the NBAGL championship in the spring. McConnell’s G League returning rights were recently traded from OKC to Greensboro.

Garrett, Soriano, and McConnell will almost certainly sign non-guaranteed Exhibit 10 contracts, which will put them in line to receive bonuses worth up to $77.5K if they’re waived by the Hornets, then spend at least 60 days with the Swarm. It’s worth noting that Exhibit 10 contracts can also be converted to two-way deals before opening night, and Charlotte does have a two-way slot open.

Prior to officially completing these three signings, the Hornets are carrying 17 players on their offseason roster — 14 on standard contracts, a pair on two-way deals, and one (Keyontae Johnson) on a camp contract. They’ve also reportedly agreed to an Exhibit 10 deal with Raequan Battle.