Transactions Rumors | Hoops Rumors

Rockets Claim Garrison Mathews, Waive Anthony Lamb

October 18th, 2021 at 5:02pm CST by Luke Adams

The Rockets have made a change to one of their two-way contract slots, waiving forward Anthony Lamb and replacing him with guard Garrison Mathews, reports Kelly Iko of The Athletic (Twitter links). According to Iko, Houston claimed Mathews off waivers and converted his Exhibit 10 contract to a two-way deal.

Mathews, who was on a two-way contract with Washington for each of the past two seasons after going undrafted out of Lipscomb in 2019, emerged as a regular rotation player for Washington in 2020/21, averaging 5.5 PPG in 64 games (16.2 MPG). The 24-year-old shooting guard has displayed a reliable outside shot since entering the NBA, making 38.9% of 244 total three-point attempts.

The Celtics signed Mathews to a training camp contract this offseason and he was a candidate to be converted to a two-way deal in Boston, but he reportedly asked the team not to do so. According to Jared Weiss of The Athletic, Mathews thought it was unlikely he’d be promoted to the Celtics’ standard roster during the season if he were on a two-way deal with the team. There’s a better path to a 15-man roster spot in Houston, where the Rockets will likely try to trade some veterans this season.

As for Lamb, he played in the G League bubble with the Canton Charge and Rio Grande Valley Vipers earlier this year after going undrafted out of Vermont in 2020. His solid showing for Houston’s G League affiliate (the Vipers) earned him a two-way deal with the Rockets in March. He averaged 5.5 PPG and 2.9 RPG in 24 games (17.3 MPG) for Houston, then accepted his two-way qualifying offer this offseason. He’s a candidate to return to the Vipers.

The Rockets also completed another minor transaction, quietly signing and waiving big man Mfiondu Kabengele, according to Jonathan Feigen of The Houston Chronicle. The sign-and-waive move ensures that Houston can make Kabengele an affiliate player for Rio Grande Valley, assuming he signs a G League contract.

Kabengele, 24, was the 27th overall pick in the 2019 draft, but barely played for the Clippers in his rookie year and had his rookie scale team option for the 2021/22 season turned down. He was traded to the Kings at the 2021 deadline, then caught on with the Cavaliers after being cut by Sacramento. The 6’9″ Canadian played in 16 games for the Cavs down the stretch, averaging 4.3 PPG and 2.9 RPG in 11.6 minutes per contest.

Because Kabengele signed his Exhibit 10 contract with Houston on Sunday and wasn’t cut until Monday, he’ll still be on waivers when the regular season begins. That means the Rockets will take on a small cap hit for a couple days worth of his minimum salary.

Spurs Claim Cacok, Hand Him Two-Way Deal

October 18th, 2021 at 4:30pm CST by Dana Gauruder

The Spurs have claimed former Lakers and Nets forward Devontae Cacok off waivers and converted his deal to a two-way contract, Shams Charania of The Athletic tweets.

Brooklyn placed Cacok on waivers over the weekend after choosing to sign David Duke Jr. to a two-way contract. Cacok was signed to a training camp deal last month.

Claims are relatively rare in the NBA, so the Spurs apparently believe Cacok, 25, could contribute this season. Swingman Joe Wieskamp has the Spurs’ other two-way deal.

Cacok, who went undrafted out of UNC Wilmington in 2019, spent his first two professional seasons on a two-way contract with the Lakers. He played sparingly as a rookie, but appeared in 20 regular season games in 2020/21, though his playing time was limited. He averaged 2.0 PPG and 1.6 RPG in 4.9 minutes per contest.

He excelled in the G League in 2019/20, putting up 19.3 PPG and 11.9 RPG with a .660 FG% in 33 games for the South Bay Lakers.

Brooklyn’s G League team, the Long Island Nets, acquired his rights on Friday. The Spurs’ two-way contract will override those returning rights. However, Long Island would still have his returning rights if he’s waived and signs a G League contract.

Spurs Exercise Options On Johnson, Vassell

October 18th, 2021 at 4:12pm CST by Dana Gauruder

The Spurs exercised their fourth-year option on forward Keldon Johnson, as well as their third-year option on swingman Devin Vassell, for the 2022/23 season, according to a team press release.

Johnson will make approximately $3.87MM next season, while Vassell will take in nearly $4.44MM.

Neither move came as a surprise.

Johnson has emerged as one of the team’s top players. He appeared in 69 games last season and averaging 12.8 PPG, 6.0 RPG and 1.8 APG in 28.5 MPG. Johnson, the 29th pick of the 2019 draft, was a member of this summer’s Team USA squad that captured the gold medal at the Tokyo Olympics.

Vassell, a lottery pick last year, averaged 5.5 PPG and 2.8 RPG in 17.0 MPG over 62 games during his rookie campaign. He projects to be one of San Antonio’s mainstays on its second unit this season.

Lakers Claim Avery Bradley Off Waivers

October 18th, 2021 at 4:10pm CST by Luke Adams

The Lakers have reunited with another old friend, having claimed guard Avery Bradley off waivers, according to Shams Charania of The Athletic (Twitter link). Bradley was released by the Warriors on Saturday.

Bradley was part of the Lakers’ championship team in 2019/20, averaging 8.6 PPG and 2.3 RPG on .444/.364/.833 shooting in 49 games (24.2 MPG) for the club. He signed with the Heat last offseason, then was traded to Houston at the March trade deadline. The Rockets turned down Bradley’s team option for 2021/22 and he subsequently joined the Warriors for training camp.

Bradley failed to earn the 15th spot on Golden State’s regular season roster, but will become the latest veteran to rejoin the Lakers after spending time away from the team. Dwight Howard, Rajon Rondo, Trevor Ariza, Wayne Ellington, and Kent Bazemore are among the others who fit that bill. Howard and Rondo, like Bradley, were members of the 2020 championship team.

The Lakers, who signed Jay Huff to a two-way contract earlier today, now have a full 17-man roster for the regular season. However, Bradley’s deal is non-guaranteed and Austin Reaves only has a small partial guarantee, so the team has the flexibility to make some changes in the coming days, weeks, or months, if necessary.

Knicks Pick Up 2022/23 Options On Barrett, Toppin, Quickley

October 18th, 2021 at 3:06pm CST by Luke Adams

The Knicks have picked up their fourth-year option on wing RJ Barrett, as well as their third-year options on forward Obi Toppin and guard Immanuel Quickley, reports Fred Katz of The Athletic (Twitter link). The three options are for the 2022/23 season.

As a result of the moves, all three players will now have guaranteed salaries for ’22/23. Barrett will make $10.9MM, Toppin will make $5.35MM, and Quickley will earn $2.32MM, as our tracker shows.

Barrett will now become eligible for a rookie scale extension during the 2022 offseason, while the Knicks will have to make decisions on Toppin’s and Quickley’s fourth-year options (for 2023/24) a year from now.

Toppin struggled to make an impact as a rookie last season, averaging just 4.1 PPG and 2.2 RPG in 62 games (11.0 MPG), but Barrett and Quickley played key roles for a Knicks team that ended a seven-year playoff drought.

Barrett put up 17.6 PPG, 5.8 RPG, and 3.0 APG in 72 games (34.9 MPG), while Quickley recorded 11.4 PPG with a .389 3PT% in 64 contests (19.4 MPG).

Hornets Release Wesley Iwundu

October 18th, 2021 at 2:44pm CST by Luke Adams

2:44pm: The Hornets have officially waived Iwundu, according to a press release from the team.

1:11pm: The Hornets will finalize their regular season roster by waiving swingman Wesley Iwundu, sources tell Shams Charania of The Athletic (Twitter link).

Iwundu, who will turn 27 in December, has been in the NBA for four seasons after being selected 33rd overall in the 2017 draft by the Magic. He spent his first three years in Orlando, then played for the Mavericks and Pelicans in 2020/21. In 223 total games (16.8 MPG), he has averaged 4.3 PPG and 2.4 RPG on .407/.286/.799 shooting.

The Pelicans sent Iwundu to Charlotte this summer as part of the Devonte’ Graham sign-and-trade. Iwundu was a late addition to the deal for salary purposes, as his inclusion allowed New Orleans to create a significant trade exception. With the Hornets carrying 16 players on guaranteed contracts this fall, Iwundu always seemed to be the likeliest victim of the club’s roster crunch.

Charlotte will take on a $1,824,003 cap hit for Iwundu, assuming he goes unclaimed on waivers on Wednesday. The Hornets now have 15 players on standard contracts and a pair on two-way deals.

Grizzlies Sign Jaren Jackson Jr. To Four-Year Extension

October 18th, 2021 at 1:55pm CST by Luke Adams

1:55pm: Jackson’s extension is now official, per NBA.com’s transactions log. According to ESPN’s Bobby Marks (Twitter link), the deal has a first-year salary of $28.9MM and declines annually from there. Marks also confirms that it’ll include prior injury exclusion (Exhibit 3) language related to Jackson’s left knee.

12:41pm: There will be injury protections in the deal, sources tell Joe Vardon of The Athletic. According to Vardon, if Jackson gets hurt again, the Grizzlies would have the ability to save some or all of the money they’d owe him.

We’ll have to wait for the specific details, but typically, that sort of contract language applies to a reoccurrence of a similar prior injury. For instance, the agreement might make Jackson’s future salaries non-guaranteed if he has more health issues related to his left knee.

Joel Embiid‘s rookie scale extension with Philadelphia had language along those lines. But again, we’ll have to wait for more specifics on Jackson’s deal.

10:40am: The Grizzlies and power forward Jaren Jackson Jr. have reached an agreement on a rookie scale extension, according to ESPN’s Adrian Wojnarowski. Agent Austin Brown of CAA Basketball tells Wojnarowski that Jackson is signing a four-year, $105MM extension with the team. It will go into effect in 2022/23.

Jackson, 22, was the fourth overall pick in the 2018 draft and started 113 of the 115 games he played for Memphis in his first two NBA seasons. In 2019/20, he averaged 17.4 PPG, 4.6 RPG, and 1.6 BPG on .469/.394/.747 shooting in 57 contests (28.5 MPG).

However, Jackson was sidelined for the majority of the ’20/21 campaign while recovering from surgery to repair a torn meniscus in his left knee. He returned late in the season for just 11 games and didn’t quite look like he was back up to full speed, averaging 14.4 PPG on a modest .424/.283/.833 shooting line.

Despite coming off a season nearly entirely lost to injury, Jackson remains a key part of the Grizzlies’ long-term plans, along with guard Ja Morant, who will be up for a rookie scale extension of his own in 2022.

As Wojnarowski writes, Memphis views Jackson as one of the more versatile and dynamic young bigs in the NBA. The team chose to lock him up now rather than risk paying an even higher price in restricted free agency a year from now.

Wojnarowski’s report doesn’t indicate that Jackson’s $105MM deal is fully guaranteed, so we’ll have to wait to see if that number is buoyed by incentives or whether the agreement includes some non-guaranteed money or injury language. Still, it’s a nice payday for a player who has only appeared in 126 total regular season games.

Jackson’s new deal puts this year’s crop of rookie scale extensions over the $1 billion mark, according to ESPN’s Bobby Marks (Twitter link). That figure includes massive, maximum-salary extensions for Luka Doncic, Trae Young, Shai Gilgeous-Alexander, and Michael Porter Jr., along with contracts ranging from $50-90MM for Mikal Bridges, Robert Williams, and Wendell Carter Jr.

The deadline to complete rookie scale extensions is at 5:00pm CT today, so more deals could still get done in the coming hours. We listed all the eligible players in an earlier story.

Suns Sign Mikal Bridges To Four-Year Extension

October 18th, 2021 at 1:50pm CST by Alex Kirschenbaum

OCTOBER 18: The Suns have officially completed Bridges’ extension, the team announced today in a press release.

OCTOBER 17: The Suns have reached a deal to sign swingman Mikal Bridges to a four-year, $90MM rookie contract extension, according to Adrian Wojnarowski of ESPN, who says the deal will be fully guaranteed. Bridges’ agents at Excel Sports Management, Sam Goldfeder and Jordan Gertler, informed Woj of the news.

Bridges, the tenth overall pick in the 2018 draft out of Villanova (where he won NCAA titles in 2016 and 2018), proved to be a crucial two-way contributor on a Phoenix club that broke through for its first NBA Finals appearance in 28 years during the 2020/21 season.

The 6’6″ small forward enjoyed a career year in 2020/21, averaging 13.5 PPG, 4.3 RPG, 2.1 APG, 1.1 SPG and 0.9 BPG for Phoenix, while appearing in all 72 games during the truncated season. Bridges posted an excellent shooting line of .543/.425/.840 and emerged as one of the league’s best young defenders.

Retaining Bridges, who still has All-Star upside, on a deal that will pay him $22.5MM annually through the 2025/26 season is a massive victory for Suns general manager James Jones.

Bridges’ teammate Deandre Ayton, Phoenix’s starting center selected in the same draft class out of Arizona, has yet to reach terms on his own rookie contract extension agreement with the club. The deadline for teams to reach rookie contract extensions is tomorrow at 5 p.m. CT.

Woj notes that the Suns are still having conversations about a possible extension for Ayton ahead of tomorrow’s deadline, in addition to newly-added reserve shooting guard Landry Shamet, the No. 26 selection in 2018 out of Wichita State.

“He is the player who buys into a culture as well as sets a culture,” Goldfelder said of his client.

“Mikal has worked tirelessly to bring winning basketball back to the Phoenix Suns,” Gertler said. “This is the culmination of his hard work.”

Lakers Sign Jay Huff To Two-Way Contract

October 18th, 2021 at 1:18pm CST by Luke Adams

The Lakers have signed rookie free agent big man Jay Huff to a two-way contract, the team announced today in a press release.

A 7’1″ forward/center, Huff spent his college career at Virginia and was a full-time starter for the first time as a senior in 2020/21. He averaged 13.0 PPG, 7.1 RPG, and 2.6 BPG with a stellar .585/.387/.837 shooting line in 25 games (27.0 MPG). Huff, who won a national title in 2019, made the All-ACC Second Team and the ACC All-Defensive Team in 2021.

After going undrafted in July, Huff caught on with the Wizards, signing an Exhibit 10 deal with the team in August and playing for Washington in both the Las Vegas Summer League and the preseason. He was cut last week, with the Wizards probably hoping he’d play for the Capital City Go-Go, their G League affiliate. Instead, Huff has caught on with another NBA team.

Huff is the fourth player the Lakers have signed to a two-way contract already since the new league year began in August. The team initially inked Austin Reaves and Joel Ayayi to two-way deals, but later promoted Reaves to the standard roster and released Ayayi. Sekou Doumbouya took Reaves’ two-way slot and now Huff has replaced Ayayi.

The Lakers still have an open spot on their 15-man roster.

Spurs Waive Al-Farouq Aminu

October 18th, 2021 at 12:30pm CST by Luke Adams

12:30pm: The Spurs have officially waived Aminu, per a team press release.

12:12pm: The Spurs are waiving veteran forward Al-Farouq Aminu, reports Shams Charania of The Athletic (Twitter link).

San Antonio had been carrying 16 players on guaranteed contracts, so cutting Aminu will ensure the team gets down to 15 for the start of the regular season. The Spurs will be on the hook for Aminu’s $10,183,800 salary, which will remain on their cap for the 2021/22 season.

Aminu, who signed a three-year, $29MM+ deal with Orlando in 2019, battled injuries throughout the contract, appearing in just 35 games for the Magic before he was sent to Chicago in the Nikola Vucevic trade at the 2021 deadline. He played in six games for the Bulls down the stretch, then was flipped to the Spurs in the DeMar DeRozan sign-and-trade this offseason.

A strong, versatile defender when healthy, Aminu was a starter in New Orleans and Portland earlier in his career, but was only traded to the Spurs for salary-matching purposes and wasn’t considered a keeper for the club. There was a little uncertainty about whether he’d be a victim of the preseason roster crunch, since his $10MM expiring deal could’ve been useful in a midseason trade, but it seems the Spurs decided it made more sense to release him than one of their younger players.

San Antonio also waived Luka Samanic last week in order to get down to 15 players on standard contracts for the regular season. The team does have an open two-way contract slot.