Transactions Rumors | Hoops Rumors

Charlie Brown Jr. To Sign With Grizzlies

September 24th, 2025 at 2:11pm CST by Arthur Hill

The Grizzlies have reached an agreement with free agent shooting guard Charlie Brown Jr., agent Eric Brest of Seros Partners tells Michael Scotto of HoopsHype (Twitter link).

Brown, 28, was sent to Charlotte last October as part of the three-team trade that brought Karl-Anthony Towns to New York. Brown was waived before the start of the season and played for the Raptors 905 in the G League. He averaged 12.5 points, 3.6 rebounds and 2.2 assists in 21 regular season contests and tied a league record with nine steals in a game.

Brown has appeared in 49 NBA games with five teams since going undrafted out of St. Joseph’s in 2019. However, his only NBA action since 2022 came during an eight-game stint with the Knicks on a two-way contract in 2023/24.

Brown has four years of NBA experience, so he’s not eligible to compete for a two-way deal with Memphis. Assuming he gets an Exhibit 10 contract, he’ll be able to earn a bonus worth up to $85,300 if he’s waived and spends at least 60 days with the G League’s Memphis Hustle.

The Grizzlies are currently at the offseason maximum of 21 players, so another roster move will be required before Brown’s contract can be finalized.

Nate Santos Signs With Timberwolves

September 24th, 2025 at 1:32pm CST by Arthur Hill

The Timberwolves have signed free agent forward Nate Santos, the team announced in a press release.

Santos earned second-team All-Atlantic 10 honors last season at Dayton, averaging 14.3 points, 5.6 rebounds and 1.6 assists in 34 games while shooting 44% from the field and 41.8% from three-point range. He transferred to Dayton in 2023 after playing his first two collegiate seasons at Pittsburgh.

After going undrafted in June, Santos joined the Magic for Summer League. He appeared in four games in Las Vegas with a total of five points, six rebounds and three steals.

Santos likely received an Exhibit 10 contract that will make him eligible for a bonus worth up to $85,300 if he gets waived and spends at least 60 days with Minnesota’s G League affiliate, the Iowa Wolves.

Santos was one of 44 players invited to participate in the G League Elite Camp in May.

The team’s press release also confirms the signing of guard CJ Fulton, bringing the Timberwolves to 20 players on their preseason roster.

Timberwolves Add CJ Fulton On Exhibit 10 Deal

September 24th, 2025 at 8:30am CST by Dana Gauruder

The Timberwolves have signed guard CJ Fulton to an Exhibit 10 contract, Spotrac contributor Keith Smith tweets.

A native of Belfast, Northern Ireland, Fulton played four seasons of college ball in the U.S. He had a two-year stint with Lafayette, then spent two seasons at Charleston.

As a senior, Fulton averaged 7.8 points, 4.1 rebounds and 6.5 assists. In 127 career NCAA games, the 6’2″ guard shot 42.7 percent from the field and 37.1 percent on three-point attempts. He also appeared in two games with the Timberwolves’ Summer League squad.

The addition of Fulton increases Minnesota’s camp count to 19, two shy of the limit.

Fulton will likely end up with the Iowa Wolves, the Timberwolves’ G League affiliate. If he’s waived and spends at least 60 days with the Iowa club, he’d earn a bonus up to $85,300.

Pacers Add Samson Johnson, Gabe McGlothan On Camp Deals

September 23rd, 2025 at 8:39pm CST by Dana Gauruder

The Pacers have added big man Samson Johnson and forward Gabe McGlothan on Exhibit 10 contracts and waived guards Steven Ashworth and RJ Felton, according to a team press release.

It’s expected that Johnson and McGlothan will also be waived in the near future with the intent of having them join their NBA G League franchise, the Noblesville Boom. Each player would be eligible for a bonus worth up to $85,300 if he spends at least 60 days with Noblesville.

Indiana’s intent to sign Johnson was reported just after he went undrafted in June. Johnson won back-to-back national championships with UConn in 2023 and 2024 as a role player for the Huskies. He averaged 7.5 points, 3.5 rebounds and 1.5 blocks in 19.4 minutes per contest as a senior last season (34 games) and played for the Pacers’ Summer League squad in July.

McGlothan was on the Nuggets’ training camp last year but was waived before opening night. He spent the season with the Grand Rapids Gold of the G League, averaging 8.7 points, 5.7 rebounds and 1.3 assists in 42 games. McGlothan went undrafted after playing four collegiate seasons at Grand Canyon and was on Dallas’ Summer League roster this July.

Ashworth and Felton were signed to Exhibit 10 deals on Monday.

Ashworth spent three years at Utah State before spending his final two college seasons at Creighton. As a “super senior” in 2024/25, he averaged 16.4 PPG, 4.1 RPG and a Big East-best 6.8 APG in 35 games (36.0 MPG) for the Blue Jays.

Felton, who played four years of college ball at East Carolina, averaged 18.8 PPG, 6.4 RPG, 2.5 APG and 1.2 SPG on .414/.376/.743 shooting splits in 30 games (34.5 MPG) last season for the Pirates.

Ashworth and Felton also suited up for the Pacers’ Summer League team in July.

Sixers Sign Four Players

September 23rd, 2025 at 4:36pm CST by Alex Kirschenbaum

September 23: Philadelphia has waived Martin, who is expected to join the Delaware Blue Coats, Kyle Neubeck of PHLY Sports tweets.

September 22: The Sixers have signed a quartet of free agents, forward Emoni Bates, point guard Kennedy Chandler, wing Malcolm Hill, and forward Jaylen Martin, according to the team.

Keith Pompey of The Philadelphia Inquirer reports (Twitter link) that all four players have been inked to Exhibit 10 deals.

The 6’10” Bates, still just 21, was selected with the No. 49 pick out of Eastern Michigan in 2023 by Cleveland. He played sparingly with the Cavaliers across his first two pro seasons as a two-way signing. In 25 appearances, he averaged 3.1 points and 0.8 rebounds per game.

The six-foot Chandler played for the Grizzlies 2022/23, suiting up for 36 contests. Chandler has been plying his trade in the G League ever since, suiting up for the Memphis Hustle, Long Island Nets and Raptors 905.

Hill, a 6’6″ swingman, played in just 24 games for Atlanta and Chicago from 2021-23. He was also signed to the Pelicans on a 10-day deal in 2024, although he never appeared in a game on that deal. A journeyman since going undrafted out of Illinois in 2017, Hill has played for NBAGL affiliates more than he has seen NBA action. Most recently, he played for New Orleans’ G League club, the Birmingham Squadron.

Martin split his rookie season in 2024/25 between the Nets and Wizards on two-way deals. In 16 games, he averaged 4.9 PPG, 2.8 RPG, 1.1 APG and 0.6 SPG.

Igor Milicic previously signed an Exhibit 10 contract with Philadelphia, while Izan Almansa reportedly agreed to an Exhibit 10 deal as well, though it has yet to be officially completed.

If an Exhibit 10 recipient is cut by his NBA squad before the season and then spends at least 60 days with that team’s G League affiliate, he’ll earn a bonus worth up to $85,300.

Jazz Waive Forward KJ Martin

September 23rd, 2025 at 4:12pm CST by Dana Gauruder

The Jazz have waived forward KJ Martin, according to a team press release. In the process, Utah shed Martin’s non-guaranteed $8MM contract for the upcoming season.

Martin appeared in 19 games (nine starts) last season with Utah, averaging 6.3 points, 2.8 rebounds, and 1.5 assists in 22.7 minutes per game. He wound up with the Jazz as part of February’s blockbuster five-team trade in which Jimmy Butler was dealt to Golden State.

While on the Sixers’ roster, Martin missed a big chunk of last season due to a foot injury. He appeared in 24 games with Philadelphia, including seven starts, averaging 6.4 points and 3.0 rebounds in 20.0 minutes per game.

The No. 52 pick of the 2020 draft, Martin spent his first three NBA seasons in Houston prior to being traded to the Clippers in a five-team deal in the 2023 offseason. He only played two games for Los Angeles, having been sent to Philadelphia in November 2023 as part of the James Harden blockbuster. After playing a modest role for the Sixers in 2023/24, Martin re-signed with the club on a two-year, $16MM deal.

By waiving Martin, the Jazz opened up a training camp spot. They have 15 players on guaranteed contracts.

According to Spotrac contributor Keith Smith (Twitter link), the Jazz could create up to $10.5MM in salary cap space but will continue to operate as an over-the-cap team for now. Utah has an $18.4MM traded player exception for John Collins that is keeping them over the cap.

Martin could be an interesting option for a team seeking help at the forward spots once he clears waivers.

Grizzlies Sign Braxton Key

September 23rd, 2025 at 1:36pm CST by Luke Adams

The Grizzlies have signed free agent forward Braxton Key, the team announced today in a press release (Twitter link). Memphis had an open spot on its 21-man offseason roster, so no corresponding move was necessary to make room for Key.

A 6’8″ forward who has played for the Sixers, Pistons, Nuggets, and Warriors, Key spent most of the 2024/25 season in the G League. He made a total of 49 appearances for the San Diego Clippers and Santa Cruz Warriors, averaging 16.5 points, 8.9 rebounds, 4.2 assists, 2.7 steals, and 1.1 blocks in 31.7 minutes per game.

Key’s strong play in the G League earned him a late-season call-up to the Warriors’ roster. He signed a two-way contract in March and was promoted to a standard deal on the final day of the season, though he only logged 11 total minutes in three garbage-time appearances for Golden State.

While the Grizzlies didn’t specify what kind of contract Key signed, it’s likely a non-guaranteed Exhibit 10 deal. If so, it could be converted to a two-way contract prior to the regular season or it could make Key eligible to earn a bonus worth up to $85,300 if he’s waived and then spends at least 60 days with the Memphis Hustle. The Grizzlies’ G League affiliate would need to acquire his returning rights from the Clippers’ affiliate for that to happen.

Assuming Key is in fact on an Exhibit 10 deal, he’s one of three Exhibit 10 signees on Memphis’ roster, along with Lawson Lovering and Tyler Burton. The team is also carrying 15 players on guaranteed deals and three on two-way contracts.

Hornets Sign Terrell Brown Jr.

September 23rd, 2025 at 12:38pm CST by Luke Adams

The Hornets continue to swap players in and out of the final spot on their 21-man offseason roster, announcing today (via Twitter) that they’ve signed guard Terrell Brown Jr.

Since waiving veteran wing DaQuan Jeffries last Thursday, the Hornets have rotated players on Exhibit 10 contracts through that 21st roster spot in order to ensure those players receive bonus money if and when they report to Charlotte’s G League affiliate, the Greensboro Swarm.

Prior to signing Brown, the Hornets also briefly carried DJ Rodman, Marcus Garrett, Brandon Slater, and Keyontae Johnson. Rodman was waived to make room for Brown.

Brown, who went undrafted out of Washington in 2022, has spent most of his first three professional seasons in the G League, including the past two years with the Greensboro Swarm. He appeared in 48 NBAGL games in 2024/25, averaging 7.6 points, 4.3 assists, 3.3 rebounds, and 1.2 steals in 22.0 minutes per contest, with a shooting line of .405/.229/.859.

In all likelihood, Brown will soon be waived and will have the opportunity to earn an Exhibit 10 bonus worth up to $85,300 if he spends at least 60 days with the Swarm this season.

Kings Re-Sign Terence Davis To Non-Guaranteed Contract

September 23rd, 2025 at 8:40am CST by Luke Adams

The Kings have re-signed guard Terence Davis to a non-guaranteed training camp contract, tweets Keith Smith of Spotrac.

Davis, who has appeared in 122 total games across four seasons for the Kings since being traded from Toronto to Sacramento in 2021, entered the summer on a non-guaranteed deal but was waived earlier this month.

While Davis’ previous contract was a standard deal, his new arrangement likely includes Exhibit 9 and/or Exhibit 10 language. An Exhibit 9 clause would give the Kings protection in the event that the 28-year-old suffers an injury during the training camp or preseason, while an Exhibit 10 clause would allow the team to give Davis a bonus if he’s waived before the season and then spends at least 60 days with Sacramento’s G League affiliate, the Stockton Kings.

Davis appeared in 64 games for the Kings in 2022/23 and averaged 6.7 points and 2.2 rebounds in 13.1 minutes per contest, with a .423/.366/.791 shooting line. However, he hasn’t spent much time on an NBA roster since then.

Davis opened the 2023/24 campaign with the Rip City Remix in the G League, but suffered a torn Achilles in December that ended his season. The 6’4″ guard spent the majority of ’24/25 with the Wisconsin Herd in the NBAGL, averaging 14.2 PPG, 4.7 RPG, and 3.1 APG with a .415 3PT%, before he was called up to the Kings on the last day of the season.

The Kings only have 14 players on standard contracts, so it’s possible there will be a path to a regular season roster spot for Davis if he impresses in camp, though he seems more likely to return to the G League. Sacramento now has 18 players under contract, includes its two-ways.

Heat Pick Up 2026/27 Options On Jaquez, Ware

September 23rd, 2025 at 8:27am CST by Luke Adams

The Heat have picked up their rookie scale team options on forward Jaime Jaquez Jr. and center Kel’el Ware for the 2026/27 season, tweets Keith Smith of Spotrac. Jaquez and Ware were already under contract for the upcoming season — now their salaries for ’26/27 are guaranteed as well.

Jaquez, the 18th overall pick in the 2023 draft, finished fourth in Rookie of the Year voting in his first season but saw his playing time cut back a little in his second year, as he averaged 8.6 points, 4.4 rebounds, and 2.5 assists in 20.7 minutes per game across 66 outings (17 starts).

Jaquez will earn $3.86MM in 2025/26 and $5.94MM in ’26/27 on his newly exercised fourth-year option. He’ll be eligible for a rookie scale extension during the 2026 offseason and would reach restricted free agency in 2027 if he hasn’t signed a new contract by that point.

Ware, who was drafted 15th overall in 2024, started 36 of the 64 games he played as a rookie last season, averaging 9.3 points, 7.4 rebounds, and 1.1 blocks in 22.2 minutes per night. The 21-year-old big man made the All-Rookie second team and finished sixth in Rookie of the Year voting.

Ware is now under contract for $4.44MM in 2025/26 and $4.65MM on his third-year option in ’26/27. The Heat will have to make a decision next fall on his $7.14MM fourth-year option for ’27/28 — at this point, it’s hard to envision a scenario in which it’s not exercised.

Miami is the first team to pick up any rookie scale options for the 2026/27 season. The deadline is October 31 and all the outstanding decisions can be viewed right here.