Transactions Rumors | Hoops Rumors

Hornets Waive D.J. Carton, Xavier Sneed

October 8th, 2021 at 11:25am CST by Luke Adams

The Hornets have cut a pair of training camp invitees, announcing today in a press release that D.J. Carton and Xavier Sneed have been placed on waivers.

Carton, a 6’2″ guard, played for one year at Ohio State before transferring to Marquette last season. He averaged 13 points, 4.1 rebounds and 3.4 assists per game as a junior, then signed an Exhibit 10 contract with Charlotte in August after going undrafted in July.

Sneed, who went undrafted out of Kansas State in 2020, signed a training camp contract with Charlotte last offseason and then was waived at the end of the preseason. The 6’5″ wing played in 13 games (23.3 MPG) for the Greensboro Swarm, the Hornets’ G League affiliate, averaging 8.1 PPG, 4.0 RPG, 1.8 APG, and 1.8 SPG with a .360/.279/.875 shooting line.

Both Carton and Sneed seem likely to end up playing for the Swarm this season.

Charlotte now has 16 players on guaranteed contracts and a pair of players on two-way deals. The club will need to trade or release at least one player on a guaranteed contract before the regular season begins. The Hornets may also continue to move players in and out of their two open roster spots in order to secure their G League rights and/or ensure they receive an Exhibit 10 bonus.

Spurs Sign Jaylen Morris To Non-Guaranteed Contract

October 8th, 2021 at 8:21am CST by Luke Adams

The Spurs signed free agent guard Jaylen Morris to a contract on Thursday, according to the official transactions log at RealGM. It’s a non-guaranteed training camp contract, tweets Keith Smith of Spotrac.

Morris, 26, has played in the NBA, the G League, and multiple international leagues since going undrafted out of Molloy in 2017. He appeared in a total of 10 games for Atlanta and Milwaukee in 2018 and has played 78 games at the G League level, averaging 13.6 PPG, 4.9 RPG, and 2.5 APG on .527/.325/.732 shooting in 32.3 minutes per contest for four NBAGL clubs.

Morris also played in Greece in 2019/20 and in Israel in 2020, and suited up for San Antonio’s Summer League team this August.

The Spurs are carrying 17 players on fully guaranteed contracts, so there’s no path to a 15-man roster spot for Morris. Since he last played for the Austin Spurs, the 6’5″ shooting guard will likely return to San Antonio’s G League affiliate this season. Assuming his deal contains Exhibit 10 language, he’ll earn a bonus worth up to $50K if he spends at least 60 days with Austin.

Rockets Waive Sekou Doumbouya

October 7th, 2021 at 5:06pm CST by Dana Gauruder

The Rockets have waived third-year forward Sekou Doumbouya, Jonathan Feigen of the Houston Chronicle tweets.

The move was expected, as Houston had no plans to retain Doumbouya after it acquired him from the Nets earlier this week. The Rockets obtained an unprotected 2024 second-round pick from Brooklyn in the salary dump. Doumbouya had a guaranteed $3,613,680 salary.

Detroit had high hopes for Doumbouya after picking him in the middle of the first round in 2019. However, he fell out of favor last season after Troy Weaver took over as GM, struggling to get playing time on the rebuilding team. In 2020/21, he averaged 5.1 PPG and 2.6 RPG in 56 games, including 11 starts.

Doumbouya was dealt to Brooklyn in another salary dump transaction by the Nets (DeAndre Jordan) that netted the Pistons four second-round picks and some cash.

Doumbouya, who is on track to clear waivers this weekend if he goes unclaimed, will now try to find another opportunity in the league.

Magic Sign Jeremiah Tilmon, Waive Jon Teske

October 7th, 2021 at 4:48pm CST by Dana Gauruder

The Magic have signed undrafted rookie center Jeremiah Tilmon and waived center Jon Teske, the team’s PR department tweets.

The 6’10” Tilmon played in 24 games last season as a senior at Missouri, averaging 12.4 PPG, 7.3 RPG and 1.42 BPG in 27.6 MPG. He appeared in one summer league game at Las Vegas for Orlando.

Teske, who went undrafted in 2020 out of Michigan, played in two preseason games. He was signed by the Magic on September 8 to a camp deal.

Tilmon won’t be on Orlando’s opening-day roster. Both players are expected to wind up on the Magic’s G League team in Lakeland, according to Josh Robbins of The Athletic (Twitter link). Teske started 12 of 15 games for Lakeland at the Orlando bubble last season, recording 6.7 PPG and 3.4 RPG in 19.8 minutes per contest.

Denzel Mahoney Signs Camp Deal With Spurs

October 7th, 2021 at 4:47pm CST by Dana Gauruder

OCTOBER 7: The deal is now official, per RealGM’s transactions log.

OCTOBER 6: The Spurs have agreed to an Exhibit 10 contract with undrafted rookie guard Denzel Mahoney, Michael Scotto of HoopsHype tweets.

Mahoney spent the last two seasons at Creighton after a two-year stint with Southeast Missouri. He averaged 12.5 PPG, 4.1 RPG and 1.7 APG for the Bluejays last season.

Mahoney participated in the mini-combine in Minneapolis prior to the draft and was on the Hornets’ summer league team in Las Vegas. He appeared in three games there, posting modest numbers.

Given the terms of his deal, Mahoney will likely wind up with the G League’s Austin Spurs. The Exhibit 10 language in his contract would put him in line for a bonus worth up to $50K if he spends at least 60 days with San Antonio’s G League squad.

The Spurs are below the 20-man limit in training camp, so Mahoney can be added without immediately shedding another player.

Hawks Sign DaQuan Jeffries, Waive A.J. Lawson

October 7th, 2021 at 12:00pm CST by Luke Adams

12:00pm: In order to make room on the roster for Jeffries, the Hawks have waived guard A.J. Lawson, who had been on an Exhibit 10 contract, per a team press release confirming both transactions. Lawson could end up playing for the College Park Skyhawks, Atlanta’s G League affiliate.

10:57am: The Hawks have agreed to sign free agent wing DaQuan Jeffries, according to Chris Kirschner of The Athletic, who reports (via Twitter) that Jeffries will get a partially guaranteed contract.

Jeffries, 24, made his NBA debut with the Kings during the 2019/20 season and saw limited minutes for the team across two seasons before being released this past April. He was claimed off waivers by the Rockets and ended up averaging 4.1 PPG and 2.3 RPG in 31 games (15.9 MPG) for Sacramento and Houston in 2020/21.

The Rockets cut Jeffries during the final week of the regular season and he was once again claimed off waivers, this time by the Spurs. However, he didn’t appear in a regular season game with San Antonio and the club opted not to pick up his option for the 2021/22 season, making him a free agent.

The Hawks have a full 20-man roster and will have to trade or waive a player in order to officially add Jeffries. As for whether he has a chance to make the regular season squad, that remains to be seen — the size of his partial guarantee could provide a hint, once it’s reported.

Atlanta has 14 players on fully guaranteed salaries, so the 15th spot appears up for grabs. A player who spent training camp with the team might have a leg up for that spot, but camp invitees Jahlil Okafor and Timothe Luwawu-Cabarrot haven’t been particularly effective in the preseason so far. Of course, the Hawks may also elect not to carry a 15th man to start the season.

Pacers Sign Brad Wanamaker To Training Camp Contract

October 6th, 2021 at 2:55pm CST by Alex Kirschenbaum

OCTOBER 6: Having completed their trade sending Sumner to Brooklyn, the Pacers have officially signed Wanamaker to his camp contract, the team announced in a press release.

OCTOBER 5: The Pacers will sign free agent point guard Brad Wanamaker to a training camp contract, tweets Adrian Wojnarowski of ESPN. Terms of the deal have yet to be disclosed, but it will most likely be an Exhibit 10 agreement.

As Scott Agness of Fieldhouse Files tweets, because the Pacers had a full 20-man roster, the club is likely trading away injured guard Edmond Sumner to open up a roster slot for Wanamaker. Agness suggests that Wanamaker could serve as a third point guard in Indiana’s rotation, behind starter Malcolm Brogdon and chief backup T.J. McConnell, assuming he makes the regular season roster.

Wanamaker, 32, is a journeyman reserve who started the 2020/21 season with the Warriors before being dealt to the Hornets. He averaged 5.5 PPG, 2.9 APG and 1.7 RPG across 61 games for both clubs during the year.

The 6’3″ point guard went undrafted out of Pittsburgh in 2011. He played in Europe for a variety of clubs and had stateside cameos for the then-Austin Toros in 2012 and a few Summer League rosters. Wanamaker joined the Celtics as a free agent ahead of the 2018/19 season, and stayed in Boston for two seasons before signing up with Golden State.

Nets Trade Doumbouya To Rockets, Acquire Sumner From Pacers

October 6th, 2021 at 2:06pm CST by Alex Kirschenbaum

OCTOBER 6: The Nets have now completed both trades, announcing in a press release that their deal with the Pacers is complete.

As we relayed earlier today, Brooklyn and Houston completed their trade on Wednesday morning, with the Rockets waiving Khyri Thomas in order to finalize the move.

OCTOBER 5: The Nets are making a pair of minor trades, according to reports. Brooklyn will send power forward Sekou Doumbouya (and his $3,613,680 salary) and an unprotected 2024 second-round draft pick to the Rockets in exchange for $110K, per Shams Charania of The Athletic (Twitter link) and Tim MacMahon of ESPN (Twitter link). The Rockets will waive Doumbouya, sources inform MacMahon.

In their other deal, the Nets will receive guard Edmond Sumner and a 2025 Heat second-round draft selection from the Pacers, per Adrian Wojnarowski of ESPN (via Twitter). The Nets will subsequently waive Sumner, who is set to miss the entire 2021/22 season due to a torn left Achilles tendon. The Pacers will receive the draft rights to Juan Pablo Vaulet from Brooklyn in the deal, tweets Michael Scotto of HoopsHype.

Both of these transactions are essentially salary dumps. The Nets and Pacers are each attaching a second-round pick in order to avoid paying a player’s guaranteed salary. Both the Rockets and Nets have trade exceptions that will enable them to take on a new player without sending one out in a deal.

The Sumner deal creates extra breathing room below the tax line for the Pacers, as Bobby Marks of ESPN notes (Twitter link). The Pacers will save $2.3MM, dipping them to $2.8MM below the luxury tax line.

Meanwhile, Marks adds (via Twitter) that the Nets will save a total of $8.1MM as a result of the two deals: $6.8MM in projected luxury tax payments and $1.29MM in salary. Marks notes that Brooklyn was able to compensate for the outgoing 2024 second-rounder owed to Houston by adding the 2025 second-rounder in the Pacers transaction. So ultimately, the star-studded Nets saved $8.1MM while not losing cumulative draft equity.

The 6’8″ Doumbouya, 20, was selected with the No. 15 pick in the 2019 draft. Last season, he averaged 5.1 PPG and 2.6 RPG in 56 games with Detroit, including 11 starts.

Marks adds (Twitter link) that Brooklyn now gains a $3.6MM trade exception via the Doumbouya deal, and will probably use the exception to add Sumner. The Pacers have gained a $2.3MM trade exception.

Luke Adams contributed to this report.

Rockets Waive Khyri Thomas To Complete Trade With Nets

October 6th, 2021 at 10:24am CST by Luke Adams

The Rockets have officially waived wing Khyri Thomas, the team announced today in a press release.

The move was necessary in order to make room on Houston’s 20-man preseason roster for Sekou Doumbouya, whom the club agreed to acquire from the Nets. Even though the Rockets intend to waive Doumbouya, they needed an open roster spot to complete the trade, which is now official, according to press releases from both the Rockets and Nets.

Thomas, 25, was the 38th overall pick in the 2018 draft. He appeared in 34 games for Detroit in his first two NBA seasons, but saw limited action, averaging just 2.3 PPG and 1.0 RPG in 10.5 MPG.

After being traded to Atlanta and waived during the 2020 offseason, Thomas caught on with the Rockets near the end of the 2020/21 season, playing well in five games with the team (16.4 PPG, 5.0 APG, and 3.6 RPG in 30.6 MPG). Houston signed him to a multiyear contract, but it wasn’t guaranteed for 2021/22, so the team is able to waive him without taking on dead money.

Thomas will clear waivers on Thursday, assuming he goes unclaimed. Meanwhile, once they waive Doumbouya, the Rockets will have an open spot on their 20-man roster. The Nets will now be able to complete their trade with Indiana, acquiring Edmond Sumner using their newly-created trade exception from the Doumbouya deal.

Magic Exercise Third-Year Contract Options On Anthony, Hampton, Okeke

October 5th, 2021 at 6:23pm CST by Alex Kirschenbaum

The Magic announced in a press release (via Twitter) that they have opted to pick up their third-year team options on second-year players Cole Anthony, Chuma Okeke and R.J. Hampton. This move will keep them under contract through the 2022/23 season.

The conclusion of October serves as the deadline for rookie scale option decisions for 2022/23. The salaries for all three young Magic players through the ’22/23 season are now guaranteed. That year, Anthony will earn $3.6MM, Okeke will make $3.4MM, and Hampton will pull in $2.4MM.

When healthy, the 6’2″ Anthony, showed plenty of promise at the point. The No. 15 pick in the 2020 draft averaged 12.9 PPG, 4.7 RPG and 4.1 APG across 47 games.

Okeke, the No. 16 selection in the 2019 draft out of Auburn, only made his NBA debut during the 2020/21 season. The 6’6″ power forward averaged 7.8 PPG, 4.0 RPG and 2.2 APG in 45 appearances.

Hampton was drafted with the No. 24 pick and kicked off his NBA career with the Nuggets. After failing to carve out meaningful rotation minutes across 25 games with Denver, Hampton was sent to the Magic. In Orlando, the 6’4″ guard averaged 11.2 PPG, 5.0 RPG and 2.8 APG over 26 games.

You can track all of the rookie scale team option decisions for 2022/23 right here.