Transactions Rumors | Hoops Rumors

Wendell Carter Jr. Signs Four-Year Extension With Magic

October 16th, 2021 at 9:02am CST by Luke Adams

OCTOBER 16: Carter has signed the extension, according to a team press release (Twitter link).

“Even in his relatively short time in the league, Wendell has proven to be a true professional,” team president Jeff Weltman said. “We are very happy that he will continue to build on his promising career here in Orlando.”

OCTOBER 15: The Magic have agreed to a four-year, $50MM contract extension for center Wendell Carter Jr., Anthony Fields of Vanguard Sports Group tells Shams Charania of The Athletic (Twitter link). According to Charania, the deal will be fully guaranteed.

Carter, 22, was selected by the Bulls with the seventh overall pick in the 2018 draft. Although he showed promise during his two-and-a-half years in Chicago, Carter battled injuries and didn’t substantially increase his rookie-year production in his second and third seasons.

The big man was dealt to Orlando at the 2021 trade deadline in the blockbuster deal that sent Nikola Vucevic in Chicago. He took over the Magic’s starting center job down the stretch and averaged 11.7 PPG, 8.8 RPG, and 1.6 APG in 22 games (26.5 MPG).

It wasn’t clear this offseason whether the Magic were ready to commit long-term to Carter or if they wanted to see more from him in 2021/22. It seems the team has answered that question, taking the same route with Carter than it did a year ago with Jonathan Isaac and Markelle Fultz, who both signed multiyear rookie scale extensions that kept them off the restricted free agent market in 2021.

Isaac got about $20MM more than Carter did on his own four-year extension. Fultz’s deal was also worth $50MM, but covers just three years. The closest recent comparable for Carter’s four-year, $50MM deal – which will go into effect in 2022/23 – is the extension that Robert Williams signed with the Celtics earlier this offseason. Williams will make $48MM over four years, with $6MM more available in incentives.

There are now 17 players still eligible for rookie scale extensions in advance of Monday’s deadline, as Carter joins Luka Doncic, Trae Young, Shai Gilgeous-Alexander, Michael Porter Jr., and Williams in this year’s class.

Deandre Ayton, Mikal Bridges, Collin Sexton, and Jaren Jackson Jr. are among the remaining extension candidates worth watching in the coming days. Carter’s fellow Magic center, Mohamed Bamba, is also among those eligible for a rookie extension, but is considered extremely unlikely to sign one.

Thunder Sign, Waive Zavier Simpson

October 16th, 2021 at 8:56am CST by Rory Maher

OCTOBER 16: As expected, Simpson has been waived, according to a tweet from their PR department. Simpson will likely play for the Blue once he clears waivers.

OCTOBER 15: The Thunder have signed Zavier Simpson to an Exhibit 10 deal, per Joe Mussatto of The Oklahoman (via Twitter). The move was first reported yesterday by Hoops Rumors’ JD Shaw.

Simpson will likely be waived before the start of the regular season. If he spends at least 60 days with the OKC Blue, the Thunder’s G League affiliate, he could earn a bonus of up to $50k.

Simpson, a 6’0″ point guard, went undrafted in 2019-20 after four seasons with the Michigan Wolverines. He played well as a senior, averaging 12.9 PPG, 4.5 RPG, and 6.9 APG (33.7 MPG) in 30 games. He spent last season with the OKC Blue in the G League bubble, averaging 9.8 PPG, 4.3 RPG, and 6.1 APG (28.5 MPG) in 15 games, all starts.

Sixers Waive Shaquille Harrison

October 16th, 2021 at 8:50am CST by Dana Gauruder

The Sixers have waived Shaquille Harrison, Keith Pompey of the Philadelphia Inquirer tweets. He’s expected to join the G League’s Delaware Blue Coats once he clears waivers, Pompey adds.

Harrison was signed to a camp deal late last month and was a longshot to make the roster. He appeared in four preseason games.

Harrison, 28, saw action in a total of 34 regular season games a year ago — 17 for Utah and 17 more for Denver, plus nine playoff contests for the Nuggets. Although he provided his usual stellar perimeter defense, he struggled offensively, averaging 2.1 PPG on .333/.188/.818 shooting in 9.8 minutes per contest during the regular season.

Pacers Sign Three Players, Waive Three

October 16th, 2021 at 6:15am CST by Luke Adams

The Pacers are doing some last-minute roster shuffling ahead of the regular season deadline, announcing on Friday night that they’ve waived three players and signed three more to fill their roster spots.

According to the team’s press release, camp invitees Keifer Sykes, Terry Taylor, and Nate Hinton are out, while Justin Anderson, Bennie Boatwright, and Derek Culver are in.

It’s unlikely that any of the six players will actually make the Pacers’ 15-man regular season roster — Anderson, Boatwright, and Culver will probably be released shortly.

They are, however, all good bets to play for the Fort Wayne Mad Ants, Indiana’s G League team. They’re receiving Exhibit 10 deals in order to secure their G League rights and/or ensure that they’re eligible for bonuses of up to $50K if they spend at least 60 days with the Mad Ants.

Teams are only eligible to carry up to four “affiliate players” on their G League rosters, but some of the six players involved in this series of transactions will qualify as returning-rights players, rather than affiliate players. Last month, Fort Wayne acquired the G League returning rights for Anderson (from the Long Island Nets) and Boatwright (from the Memphis Hustle).

As for the Pacers’ NBA roster, it appears mostly set, with 12 players on guaranteed contracts, a pair on two-way deals, and non-guaranteed players Kelan Martin, Oshae Brissett, and Brad Wanamaker still sticking around for now. Indiana could carry all three into the regular season, or waive one and begin the season with 14 players on standard contracts.

Warriors Waive Gary Payton II, Avery Bradley, Two Others

October 16th, 2021 at 5:47am CST by Luke Adams

The Warriors made several roster cuts late on Friday night following their final preseason game, announcing in a press release that they’ve cut guards Gary Payton II, Avery Bradley, and Mychal Mulder, as well as big man Jordan Bell.

The four players had been vying for the 15th spot on Golden State’s regular season roster. Instead, it seems the team has decided to keep that spot open — at least for now.

As Anthony Slater of The Athletic explains, if the Warriors had decided to carry a 15th man, it almost certainly would’ve been Payton. In fact, there’s a possibility the club could bring back the 28-year-old on a new deal if he clears waivers, according to Slater.

The language in Payton’s contract called for him to receive a $659K partial guarantee if he had made the opening-night roster. The Warriors, who are far over the luxury tax line, would face a tax penalty worth several million dollars if they were to commit to that partial guarantee, which they weren’t prepared to do.

According to Slater, if Golden State re-signs Payton, it would likely be to a non-guaranteed deal that doesn’t include any trigger dates, so the team would essentially be paying the guard by the day until the league-wide guarantee date in January.

Bradley, Mulder, and Bell, meanwhile, figure to be on the lookout for new jobs if and when they clear waivers on Monday. All three players have multiple years of NBA experience on their résumés and Bradley, in particular, will be among the more accomplished veterans hitting the market this week. However, many teams around the NBA don’t have the flexibility – or the desire – to make last-minute additions to their 15-man regular season rosters.

It’s worth noting that Golden State does still have an open two-way contract slot. However, of the four players released today, only Mulder qualifies to sign a two-way deal. Perhaps that’s a possibility if he goes unclaimed on waivers.

In addition to their four cuts, the Warriors also announced that they’ve signed free agent forward Axel Toupane. That move was almost certainly made for G League purposes — Toupane will likely be cut on Saturday.

Mavericks Waive Tyrell Terry, Carlik Jones, Feron Hunt

October 15th, 2021 at 10:06pm CST by Rory Maher

The Mavericks announced in a press release that they have waived Tyrell Terry, Carlik Jones, and Feron Hunt.

Terry, the 31st overall pick of the 2020 draft, was on a guaranteed contract worth more than $3.3MM over the next two seasons, including a bit more than $1.5MM this season. If no team claims him off waivers, Dallas will be responsible for the full amount of the guaranteed money left on his deal.

Terry played just 11 games as a rookie last season, missing significant time due to personal reasons. He had been away from the team during preseason action as well, reportedly due to a family matter.

The 21-year-old had a strong freshman season with Stanford in 2019/20, putting up 14.4 PPG, 4.5 RPG, and 3.2 APG (32.6 MPG) in 31 games, with a shooting line of .441/.408/.891. Many analysts considered him one of the best shooters in the 2020 draft, but had reservations about his slender frame and defense.

Jones and Hunt were undrafted rookies on Exhibit 10 contracts, and could see time with the Texas Legends, the Mavericks’ G League squad, if they’re not picked up by other teams. If they stick with the Legends for at least 60 days, they could earn bonuses of up to $50K. Both players played all four preseason contests with the Mavericks.

The moves bring the Mavericks to a full 15-man roster, with both two-way contracts filled. Terry being waived likely means that both Moses Brown and Frank Ntilikina made the team.

Heat Waive Potter, Smart, Smith, Stewart

October 15th, 2021 at 9:33pm CST by Rory Maher

The Heat have waived Micah Potter, Javonte Smart, Dru Smith, and D.J. Stewart, per a team press release. All four players were on Exhibit 10 contracts.

All four players were undrafted rookies, and if they spend at least 60 days with the Heat’s G League squad, the Sioux Falls Skyforce, they could earn a bonus of up to $50K.

Potter, 6’10”, played two seasons with Ohio State before transferring to Wisconsin. He showed an impressive shooting touch for a big man, connecting on 38.6% of his three-point attempts and 84% of his free throws as a senior. He also had a strong preseason showing with the Heat, appearing in three games with averages of 10.3 PPG and 11.3 RPG in 24.0 minutes.

Smart, a 6’4″ guard, played college ball at LSU, averaging 16.0 PPG, 3.7 RPG, and 4.0 APG (35.6 MPG) in 28 games as a senior. He appeared in five preseason contests with the Heat.

Smith, a 6’3″ guard, played for Evansville before transferring to Missouri. He averaged 14.3 PPG, 3.5 RPG, 3.8 APG, and 2.1 SPG (34.1 MPG) in 26 games as a senior. He appeared in three preseason games with the Heat.

Stewart, a 6’6″ wing, declared for the draft after two seasons at Mississippi State. He averaged 16.0 PPG, 3.4 RPG, and 3.1 APG (35.0 MPG) in 28 games as a sophomore and appeared in four preseason contests with the Heat.

The moves leave the Heat with 14 players on guaranteed contracts and both two-way slots filled.

Kings Release Emanuel Terry

October 15th, 2021 at 7:39pm CST by Rory Maher

The Kings announced in a press release that they have waived Emanuel Terry. He had been signed to an Exhibit 10 deal. The Kings previously secured his G League rights in a separate transaction.

Terry, a 6’9″ power forward, played for the Kings in both Summer League and preseason. The plan is for him to join the Stockton Kings, Sacramento’s G League affiliate, according to Jason Anderson of The Sacramento Bee (Twitter link). If he spends at least 60 days with Stockton, Terry could earn a bonus of up to $50k.

Terry made three brief NBA appearances in 2018-19, two with Phoenix and one with Miami. He played for teams in Israel and Serbia in 2020. A veteran of 54 total G League contests, he averaged a double-double with the Agua Caliente Clippers last season.

The move leaves the Kings with a full 15-man roster, with both two way contracts filled.

Bulls Sign Troy Baxter Jr.

October 15th, 2021 at 7:01pm CST by Rory Maher

The Bulls announced in a tweet that they have signed Troy Baxter Jr. Terms of the contract weren’t disclosed, but it’s likely to be an Exhibit 10 deal.

Baxter is a rookie after going undrafted in 2021, so the move secures his G League rights. It’s highly likely that he’ll be waived before the season starts, and if he spends at least 60 days with the Windy City Bulls, Baxter would be eligible for a bonus worth up to $50K.

Baxter, a 6’9″ forward, played for three different college teams prior going undrafted: UNLV, Florida Gulf Coast, and Morgan State. He averaged 15.5 PPG, 4.4 RPG, and 1.6 BPG in 27.0 MPG for Morgan State as a senior, with a .426/.350/.744 shooting line. He most recently suited up for the Bulls’ Summer League team, appearing in four contests with modest stats.

Knicks Waive Brandon Goodwin

October 15th, 2021 at 6:25pm CST by Rory Maher

The Knicks announced in a tweet that they have waived point guard Brandon Goodwin. He was signed to an Exhibit 10 deal yesterday.

Goodwin appeared in parts of the past three seasons with the Nuggets and Hawks. He played in 47 games as a backup for the Hawks last season, averaging 4.9 PPG, 1.5 RPG, and 2.0 APG (13.2 MPG) with a .377/.310/.651 shooting line. He also played in 43 G League games from 2018-20, averaging 20.5 PPG, 6.6, and 6.2 APG in 35.1 MPG.

Goodwin would be eligible for a bonus worth up to $50K if he spends at least 60 days with the Westchester Knicks, New York’s G League affiliate.

The move leaves the Knicks with 19 players under contract: 14 on guaranteed deals, both two-way spots filled, and three players (Wayne Selden, Aamir Simms and M.J. Walker) vying for the 15th roster spot, assuming the team carries 15 players to start the season.