Transactions Rumors | Hoops Rumors

Cavaliers Officially Sign Tristan Thompson, JT Thor

September 9th, 2024 at 12:02pm CST by Luke Adams

SEPTEMBER 11: Thompson’s agreement is a one-year, non-guaranteed deal, sources inform Michael Scotto of HoopsHype (Twitter link).

SEPTEMBER 9: A pair of previously reported Cavaliers signings are official, according to the transaction log at NBA.com, which lists center Tristan Thompson and forward JT Thor as having completed their respective deals with the team.

Thompson, whose signing was also announced in a press release posted to the Cavaliers’ website, reportedly inked a one-year contract with the club. While the full details have yet to be confirmed, it’s believed to be a minimum-salary deal that’s either partially or fully guaranteed.

The fourth overall pick in the 2011 draft, Thompson spent his first nine NBA seasons with the Cavaliers before bouncing around the league and spending time with the Celtics, Kings, Pacers, Bulls, and Lakers from 2020-23. He returned to Cleveland last season, signing a one-year contract with the club almost exactly a year ago and appearing in 49 games in 2023/24.

Once a fixture in the Cavs’ starting lineup and one of the NBA’s top rebounders, Thompson played a limited role last season, contributing 3.3 points, 3.6 rebounds, and 1.0 assist in just 11.2 minutes per contest during the regular season.

The 33-year-old, who was suspended for 25 games from January to March for an SPED (steroids and performance enhancing drugs) violation, averaged only 8.7 MPG in 10 postseason appearances off the bench. However, the team is said to value his veteran leadership in the locker room.

Thor has signed a two-way contract with Cleveland, joining Emoni Bates and Luke Travers as the three players filling the club’s two-way slots.

The 37th overall pick in the 2021 draft, Thor spent the first three years of his career in Charlotte. He averaged 3.2 points and 2.1 rebounds in 165 games (11 starts; 12.2 MPG) with the Hornets from 2021-24, then became an unrestricted free agent this summer when the team turned down its option for 2024/25 and declined to issue him a qualifying offer.

Thor, a former Auburn standout, played for South Sudan’s national team at the Paris Olympics this summer, averaging 6.7 points and 4.7 rebounds in 16.5 minutes per game as the club went 1-2 in pool play, failing to advance to the single-elimination round.

The Cavs now have 16 players under contract, with 13 on standard deals and three on two-way pacts. Isaac Okoro, the NBA’s lone remaining restricted free agent, is the favorite to fill the 14th spot on the standard roster. Cleveland will likely keep the 15th spot open to start the season to maximize flexibility and save some money.

Bulls Sign E.J. Liddell To Exhibit 10 Contract

September 7th, 2024 at 4:00pm CST by Tristan Tucker

4:00pm: The signing is official, according to RealGM’s transaction log. It’s an Exhibit 10 deal, Hoops Rumors can confirm.

11:30am: The Bulls have agreed to a contract with forward E.J. Liddell, according to Michael Scotto of HoopsHype (Twitter link). While the details of the contract aren’t yet known, it’s probably safe to assume it’s an Exhibit 10 deal, with Chicago having also signed Talen Horton-Tucker and Kenneth Lofton Jr. to such contracts in recent weeks.

Liddell, the No. 41 pick in the 2022 draft, spent two years with the Pelicans. He missed what would have been his rookie season in 2022/23 with a knee injury before playing eight games with New Orleans last season.

This offseason, Liddell was moved to the Hawks as part of the trade that sent Dejounte Murray to the Pelicans. He was then re-routed to the Suns before being waived.

In 29 G League games last season, Liddell averaged 17.3 points, 8.0 rebounds and 1.8 blocks while shooting 50.8% from the floor and 27.0% from deep. The Ohio State product averaged 14.1 points across 92 career collegiate games as well.

If Liddell’s contract is an Exhibit 10 deal, he’ll be competing for one of the Bulls’ last remaining roster spots. As noted above, Chicago has Horton-Tucker and Lofton alongside Marcus Domask on training camp contracts. Chicago has 15 players on standard contracts but Onuralp Bitim‘s contract is non-guaranteed. The Bulls also have one two-way spot open.

It looks as though the Bulls are fielding an open competition heading into training camp. Bitim will battle to hold his 15th spot on the roster while the Exhibit 10 players compete for either that spot or the Bulls’ open two-way. It’s important to note that Liddell, Lofton and Domask are eligible for two-way deals while Horton-Tucker is not.

Lakers Sign Jordan Goodwin To Camp Deal

September 6th, 2024 at 7:20pm CST by Luke Adams

SEPTEMBER 6: The Lakers have officially signed Goodwin, the team announced in a press release. After signing and waiving Alex Fudge, the club is now back to a full 21-man offseason roster.

SEPTEMBER 3: Free agent guard Jordan Goodwin has agreed to sign with the Lakers, according to veteran NBA reporter Chris Haynes (Twitter link).

Haynes describes it as a “camp deal” for Goodwin, which suggests the contract will be non-guaranteed and worth the veteran’s minimum. It will likely include Exhibit 9 language and possibly Exhibit 10 language too, though that hasn’t been confirmed.

Goodwin, who will turn 26 in October, spent the first half of the 2023/24 season with the Suns before being sent to Brooklyn as part of the three-team trade that landed Royce O’Neale in Phoenix. After being waived by the Nets, the former Saint Louis standout inked a 10-day contract and then a two-way deal with the Grizzlies, finishing the season in Memphis.

In total, Goodwin appeared in 57 games for the Suns and Grizzlies, averaging 6.5 points, 4.4 rebounds, and 2.7 assists in 18.5 minutes per contest. His shooting efficiency dropped off significantly, however, as he made just 36.9% of his field goal attempts, including 29.8% of his three-pointers.

Goodwin previously appeared in 64 games for the Wizards from 2021-23, averaging 6.4 PPG, 3.2 RPG, and 2.6 APG in 17.4 MPG, with a shooting line of .444/.319/.768.

The Lakers have a full 15-man standard roster, with all three of their two-way slots filled, so the club would need to trade or waive one of those players in order to create a path for Goodwin to earn a regular season roster spot. For what it’s worth, if he signs an Exhibit 10 contract, Goodwin would be eligible to be converted to a two-way deal prior to opening night.

Lakers Waive Alex Fudge

September 6th, 2024 at 3:37pm CST by Alex Kirschenbaum

After announcing on Thursday night that they’d inked free agent small forward Alex Fudge to a contract, the Lakers announced on Friday that they’ve waived the 6’8″ Florida alum (Twitter link).

Fudge went undrafted last summer, but quickly latched on with L.A. via a two-way contract. He suited up for four contests with Los Angeles last season and 24 with the team’s G League affiliate, the South Bay Lakers. After being waived by the Lakers in January, Fudge joined the Mavericks on another two-way agreement, but was cut in August.

Between Los Angeles and Dallas, Fudge appeared in a grand total of six NBA contests in 2023/24, averaging 2.5 points and 0.8 rebounds. In 33 NBAGL total games for South Bay and Dallas’ affiliate, the Texas Legends, Fudge averaged 8.2 points and 4.4 boards across 18.5 minutes a night. He posted a shooting line of .480/.235/.550 during his G League tenure.

Because he almost certainly received an Exhibit 10 contract, Fudge is on track to rejoin South Bay as an affiliate player. Assuming he sticks with the team for at least 60 days, he’ll earn a bonus worth up to $77.5K.

Clippers Sign RayJ Dennis To Exhibit 10 Deal

September 6th, 2024 at 1:28pm CST by Luke Adams

SEPTEMBER 6: The deal is now official, according to RealGM’s NBA transaction log.

JUNE 27: The Clippers and undrafted rookie RayJ Dennis have agreed to an Exhibit 10 deal, reports Jon Chepkevich of DraftExpress.com (Twitter link).

According to Chepkevich, the expectation is that Dennis will be with the team in Summer League and training camp and will be given the chance to compete for one of L.A.’s two-way slots. An Exhibit 10 contract can be converted into a two-way deal any time between when it’s signed and the start of the regular season.

A fifth-year super-senior at Baylor in 2023/24, Dennis averaged 13.6 points, 6.7 assists, and 3.9 rebounds in 34.3 minutes per game across 35 contests (all starts). His shooting line was .479/.328/.731.

The 6’2″ guard also played for Boise State for two seasons and Toledo for two more before transferring to Baylor. He earned Mid-American Conference Player of the Year honors in 2023 with Toledo.

Grizzlies Sign Four Players To Exhibit 10 Contracts

September 6th, 2024 at 11:35am CST by Luke Adams

The Grizzlies have signed guards Miye Oni and Yuki Kawamura, forward Maozinha Pereira, and big man Armando Bacot to contracts, the team announced today in a press release (Twitter link). According to Damichael Cole of The Memphis Commercial Appeal (Twitter link), the four deals include Exhibit 10 language.

Oni, the 58th overall pick in the 2019 draft, appeared in 80 NBA games across two-and-a-half seasons with the Jazz before being traded to the Thunder, who waived him. The former Yale star signed a 10-day contract with the Pelicans in February 2022, but didn’t play a game for the team and hasn’t been in the NBA since then. He spent the 2022/23 season with the London Lions in the British Basketball League and ’23/24 with the Osceola Magic in the G League.

Kawamura, a 5’8″ guard whose agreement with the Grizzlies was reported earlier in the offseason, has spent the past five seasons playing in the B.League in Japan. The 23-year-old earned MVP honors in 2023 and averaged 20.9 points, 8.0 assists, and 3.0 rebounds in 30.6 minutes per game last season for the Yokohama B-Corsairs. He also played for Japan at this summer’s Olympics, pouring in 29 points in a near-upset of France in pool play.

Pereira, a 24-year-old from Brazil, signed a pair of 10-day contracts with the Grizzlies last season and and appeared in seven games for the club, averaging 6.9 PPG and 5.3 RPG with a .514/.385/.700 shooting line. He spent most of the season with the Mexico City Capitanes in the NBAGL.

Bacot is coming off a decorated five-year college career at North Carolina, where he became the men’s basketball program’s top rebounder for both a single season (511 in 2021/22) and a career (1,715). He averaged 13.9 PPG and 10.1 RPG over the course of 169 college games for the Tar Heels and earned All-ACC honors four times, including First Team nods in 2022 and 2023.

The Grizzlies’ offseason roster is now full, with 14 players on guaranteed standard contracts, three on two-way deals, and the four newcomers reportedly on Exhibit 10 pacts.

While one or more of Oni, Kawamura, Pereira, and Bacot could have their contracts converted to two-ways before the regular season begins, they’re more likely to be waived and then to report to the Memphis Hustle. Their Exhibit 10 deals will make them eligible to earn bonuses worth up to $77.5K if they spend at least 60 days with the Grizzlies’ G League affiliate.

Cavaliers, Tristan Thompson Agree To One-Year Deal

September 6th, 2024 at 10:53am CST by Luke Adams

Free agent center Tristan Thompson has reached an agreement on a one-year deal to return to the Cavaliers, reports ESPN’s Adrian Wojnarowski (Twitter links).

The fourth overall pick in the 2011 draft, Thompson spent his first nine NBA seasons with the Cavaliers before bouncing around the league and spending time with the Celtics, Kings, Pacers, Bulls, and Lakers from 2020-23. He returned to Cleveland last season, signing a one-year contract with the club almost exactly a year ago and appearing in 49 games in 2023/24.

Once a fixture in the Cavs’ starting lineup and one of the NBA’s top rebounders, Thompson played a limited role last season, contributing 3.3 points, 3.6 rebounds, and 1.0 assist in just 11.2 minutes per contest during the regular season.

The 33-year-old, who was suspended for 25 games from January to March for an SPED (steroids and performance enhancing drugs) violation, averaged 8.7 MPG in 10 postseason appearances off the bench.

Although Thompson is no longer a major contributor on the court, the Cavaliers value his leadership, Wojnarowski notes.

Chris Fedor of Cleveland.com suggested last month that the team remained on the lookout for a “cost-effective, playable, end-of-bench veteran” who could be a locker room leader like Thompson was last season. It now appears the Cavs may simply have Thompson fill that role again, though it’s unclear whether his new contract will be fully guaranteed. It at least seems safe to assume that it’s minimum-salary deal.

Prior to officially signing Thompson, Cleveland is carrying 12 players on standard contracts, with Isaac Okoro still a restricted free agent.

Lakers Sign Alex Fudge

September 6th, 2024 at 7:15am CST by Luke Adams

The Lakers have signed free agent forward Alex Fudge to a contract, the team announced in a press release.

While the terms of the deal weren’t specified, it’s highly likely to be a non-guaranteed Exhibit 10 contract, since Los Angeles already has 15 players on guaranteed standard contracts and three on two-way deals. The move pushes L.A.’s offseason roster count to the maximum 21 players.

Fudge, 21, signed a two-way contract with the Lakers last July after going undrafted out of Florida. He appeared in just four games at the NBA level for the team and was waived in January before his two-way salary could become fully guaranteed, but he was on the roster long enough to secure a lucrative bonus when L.A. won the in-season tournament.

Fudge caught on with the Mavericks in March on a two-year, two-way deal and finished the season in Dallas before being waived last month. He appeared in two games for the Mavs for a total of six NBA outings in his rookie season.

The 6’8″ forward, known more for his defense than his offense, played a more significant role in the G League for the South Bay Lakers and Texas Legends, averaging 8.2 points and 4.4 rebounds in 18.5 minutes per game across 33 contests, with a shooting line of .480/.235/.550.

Assuming Fudge’s new contract includes Exhibit 10 language, he could be converted to a two-way deal before the regular season begins or could qualify for a bonus worth up to $77.5K if he’s waived by the Lakers and then spends at least 60 days with the team’s South Bay G League affiliate.

Heat Exercise 2025/26 Options On Jaime Jaquez, Nikola Jovic

September 5th, 2024 at 4:04pm CST by Rory Maher

The Heat have exercised their 2025/26 team options on wing Jaime Jaquez and forward Nikola Jovic, the team announced (Twitter link via Tim Reynolds of The Associated Press).

Jaquez is now guaranteed to earn $3,861,600 in ’25/26, which will be his third season, while Jovic will earn $4,445,417 during his fourth campaign. Jovic will also become eligible for a rookie scale extension during the 2025 offseason.

As our tracker shows, Miami is the first NBA team to make decisions on its rookie scale team options for the ’25/26 season. The outcome was a mere formality after both players had strong seasons in ’23/24.

The No. 18 overall pick of the 2023 draft, Jaquez averaged 11.9 PPG, 3.8 RPG, 2.6 APG and 1.0 SPG in 75 regular season contests for the Heat (28.2 MPG). His excellent play earned him a spot on the All-Rookie First Team.

Jovic, who is two-plus years younger than Jaquez (21 vs. 23) despite being drafted a year earlier (No. 27 in 2022), spent the beginning of last season in the G League before emerging as a rotation regular down the stretch. In 46 regular season games (19.5 MPG), Jovic averaged 7.7 PPG, 4.2 RPG and 2.0 APG. The Serbian won a bronze medal this summer at the Olympics in Paris.

The deadline for teams to pick up 2025/26 rookie scale options is October 31, 2024.

Hornets Sign Keyontae Johnson

September 5th, 2024 at 2:52pm CST by Rory Maher

The Hornets have signed free agent forward Keyontae Johnson, according to RealGM’s log of official NBA transactions.

The news of Johnson landing with Charlotte was announced last month by his agency. At the time, it was unclear what type of contract he would be signing. By process of elimination, it appears the 24-year-old signed an Exhibit 9 contract, likely with Exhibit 10 language.

Players who sign Exhibit 9 or Exhibit 10 contracts don’t appear on NBA.com’s official transactions log, but RealGM does track those deals. Exhibit 9/10 players only show up on NBA.com’s log when they’ve been waived (Jared Brownridge is a recent example).

The No. 50 overall pick of the 2023 draft, Johnson spent his entire rookie campaign on a two-way contract with Oklahoma City. He only appeared in nine games with the Thunder last season for a total of 66 minutes, but had a significant role with their NBA G League affiliate, the Oklahoma City Blue.

The Thunder declined to give Johnson a two-way qualifying offer after the 2023/24 season, making him an unrestricted free agent.

Although they’re not technically required to, virtually every Exhibit 10 contract also contains an Exhibit 9 clause, which provides a team protections when a player on a non-guaranteed training camp contract suffers an injury. If a team wants to sign a player to a deal that includes both an Exhibit 9 and Exhibit 10 clause, it must already be carrying at least 14 players on standard contracts. The Hornets currently have 14 players on standard deals.

If Johnson signed an Exhibit 10 deal, he could receive a $77.5K bonus if he’s waived before the season starts and spends at least 60 days with the Greensboro Swarm, Charlotte’s NBA G League affiliate. Exhibit 10 contracts can also be converted to two-way deals, and the Hornets currently have one two-way opening.