Transactions Rumors | Hoops Rumors

LJ Figueroa Signs With Warriors

October 13th, 2021 at 6:25pm CST by Arthur Hill

Free agent swingman LJ Figueroa has signed a training camp contract with the Warriors, the team announced (via Twitter). No details of the deal were released, but it’s likely intended as a way to get Figueroa to Golden State’s G League affiliate in Santa Cruz.

After two years at St. John’s, the 23-year-old played for Oregon last season, averaging 12.3 points and 6.1 rebounds in 26 games. He went undrafted, then played for the Mavericks during Summer League.

The move brings the Warriors to the preseason roster limit of 20 players.

Pelicans Exercise Options For Williamson, Alexander-Walker, Hayes, Lewis

October 13th, 2021 at 5:57pm CST by Arthur Hill

The Pelicans have picked up rookie-scale options on four players, including Zion Williamson, the top overall pick in 2019, the team announced in a press release. New Orleans exercised the fourth-year option for Williamson, guaranteeing his $13.5MM salary for the 2022/23 season.

It’s a routine move that sets the stage for next summer, when Williamson will be eligible for an extension that could tie him to the franchise for an additional five seasons. Although those offers are nearly always accepted, there have been rumblings that Williamson might consider turning it down because of pressure from family members to play elsewhere and an uneasy relationship with head of basketball operations David Griffin.

The Pelicans also exercised fourth-year options on guard Nickeil Alexander-Walker ($5MM) and center Jaxson Hayes ($6.8MM). Point guard Kira Lewis had his third-season option picked up, which will pay him $4MM for 2022/23.

Warriors Sign, Waive Quinndary Weatherspoon

October 13th, 2021 at 4:03pm CST by Luke Adams

OCTOBER 13: The Warriors have waived Weatherspoon, according to the team.

OCTOBER 11: The Warriors have signed free agent shooting guard Quinndary Weatherspoon, the team announced today in a press release. Weatherspoon claims the 20-man roster spot previously occupied by Langston Galloway, who was cut over the weekend.

Weatherspoon was selected by San Antonio with the 49th overall pick in the 2019 draft and spent his first two professional seasons on a two-way deal with the Spurs. He appeared in just 31 total NBA games during that time, averaging 1.9 PPG in 6.4 MPG.

The 25-year-old saw more action at the G League level, recording 14.9 PPG and 5.1 APG on .455/.333/.795 shooting in 37 games (29.1 MPG) for the Austin Spurs. However, San Antonio opted not to give him a qualifying offer this summer, making him an unrestricted free agent.

Terms of Weatherspoon’s contract with the Warriors aren’t known, but it’s safe to assume it’s a non-guaranteed camp deal, likely with Exhibit 10 language. Weatherspoon almost certainly won’t make the 15-man regular season roster, but if he’s willing to play for the Santa Cruz Warriors in the NBAGL, Golden State could make Weatherspoon an affiliate player and give him a bonus worth up to $50K.

Cavaliers Sign Ed Davis, Justin James

October 13th, 2021 at 3:33pm CST by Luke Adams

The Cavaliers have announced a pair of signings, stating in a press release that they’ve added big man Ed Davis and guard Justin James to their roster. Cleveland now has a full 20-man squad.

Davis, 32, spent the 2020/21 season with the Timberwolves, playing a limited role in the team’s frontcourt. The center averaged 2.1 PPG and 5.0 RPG in 23 games (13.0 MPG).

Davis, an 11-year veteran who has 691 career regular season games under his belt, isn’t the kind of player who typically gets signed and quickly waived this week for G League purposes, so it will be interesting to see what the Cavs’ plan for him is. The team only has 11 players on fully guaranteed contracts, so there’s room for Davis to make the 15-man regular season roster.

As for James, he spent his first two NBA seasons with the Kings after being selected 40th overall in the 2019 draft out of Wyoming. He didn’t play a regular role for Sacramento, but appeared in 72 games across two seasons, averaging 3.2 PPG and 0.9 RPG with a shooting line of .446/.343/.544 in 7.5 minutes per contest.

The 24-year-old was waived by the Kings earlier this offseason, signed a two-way deal with Utah, and then was released by the Jazz as well. The Cavs may view him as a potential affiliate player for the Cleveland Charge.

Lakers Waive Mac McClung

October 13th, 2021 at 2:22pm CST by Luke Adams

The Lakers have waived former Texas Tech guard Mac McClung, according to Jovan Buha of The Athletic (Twitter link).

McClung signed an Exhibit 10 contract with Los Angeles as an undrafted rookie this offseason and played for the team at the Las Vegas Summer League and in the preseason. However, he struggled with his shot, making just 6-of-31 attempts (19.4%) in Vegas and 1-of-7 (14.3%) in three preseason contests.

McClung played two seasons for Georgetown before joining the Red Raiders as a junior. He averaged 15.5 points, 2.7 rebounds and 2.1 assists in 2020/21.

There was a sense that McClung could be a candidate for a two-way contract if he impressed the Lakers this fall, but the club signed Sekou Doumbouya on Tuesday to fill its open two-way slot. McClung’s next step will be with the South Bay Lakers, as he’s expected to be an affiliate player for L.A.’s G League team.

Raptors Waive Freddie Gillespie, Reggie Perry

October 13th, 2021 at 8:16am CST by Luke Adams

The Raptors have made a pair of roster cuts, announcing today in a press release that they’ve waived big men Freddie Gillespie and Reggie Perry.

Gillespie, who went undrafted out of Baylor in 2020, averaged a double-double (10.5 PPG, 10.3 RPG) with 2.3 BPG in 15 games (27.8 MPG) for the Memphis Hustle in the G League’s Orlando bubble. That performance earned him a pair of 10-day contracts, then a multiyear deal, with the Raptors. He appeared in 20 games for Toronto down the stretch, recording 5.6 PPG, 4.9 RPG, and 1.0 BPG in 19.6 MPG.

Because Gillespie’s contract wasn’t fully guaranteed beyond the 2020/21 season, the Raptors will only be on the hook for his modest partial guarantee ($50K).

Perry, who was on a non-guaranteed deal, was added to Toronto’s camp roster last month after being let go by Brooklyn earlier in the offseason. Perry spent his rookie year in 2020/21 on a two-way contract with the Nets, averaging 3.0 PPG and 2.8 RPG in 26 games (8.1 MPG) at the NBA level and putting up 18.1 PPG and 8.9 RPG in 15 games (28.8 MPG) for the Long Island Nets in the G League.

Perry initially received a qualifying offer, but didn’t accept it, and Brooklyn ultimately took it off the table in mid-August, making the forward/center an unrestricted free agent.

The Raptors will still need to make at least one more cut before opening night next week, since four players – Yuta Watanabe, Sam Dekker, Isaac Bonga, and Ishmail Wainright – remain in the mix for three spots on the 15-man roster. Watanabe is considered a good bet to make the team, so the other players three may be competing for two spots, assuming Toronto carries a full 15-man squad into the regular season.

Melvin Frazier Joins Thunder On Training Camp Deal

October 12th, 2021 at 9:16pm CST by Alex Kirschenbaum

Free agent swingman Melvin Frazier has joined the Thunder on an Exhibit 10 training camp deal, according to Joe Mussatto of The Oklahoman (via Twitter).

After being selected with the No. 35 pick in the 2018 NBA draft out of Tulane by the Magic, Frazier appeared sparingly for Orlando, logging time in just 10 games with the Magic during his rookie season in 2018/19. The 6’5″ 25-year-old played in 19 contests for Orlando during the 2019/20 season.

Frazier had a better showing with Orlando’s G League affiliate, the Lakeland Magic. He averaged 12.2 PPG and 4.7 RPG in 18 games during the 2018/19 season and 18.1 PPG and 6.6 RPG across 23 games in 2019/20.

After failing to develop in Orlando, Frazier next appeared in 12 games for the Oklahoma City Blue during the Orlando “bubble” NBAGL season in 2021, averaging 6.8 PPG and 3.4 RPG. His new deal with the Thunder suggests the plan is for him to return to the Blue in 2021/22.

Pelicans Waive Wenyen Gabriel, Malcolm Hill, James Banks

October 12th, 2021 at 5:31pm CST by Alex Kirschenbaum

The Pelicans have waived three players, per a team press release. New Orleans has cut training camp players James Banks and Malcolm Hill, plus the non-guaranteed contract of power forward Wenyen Gabriel. As Andrew Lopez of ESPN notes (Twitter link), this move reduces the team’s current roster to 15 players, plus two players on two-way contracts.

The Pelicans announced the additions of Banks and Hill over the weekend. Gabriel saw action in 21 games during the 2021/22 season.

It was generally considered an uphill battle for either Banks, a 6’10” center out of Georgia Tech, or Hill, a 6’6″ wing out of Illinois, to make the opening night roster for New Orleans. Both players had been inked to Exhibit 10 training camp contracts, and will now mostly likely join the Pelicans’ NBAGL affiliate club, the Birmingham Squadron.

After going undrafted in 2018 out of Kentucky, the 6’9″ Gabriel joined the Kings on a two-way deal for the 2018/19 season. His contract was converted to a standard deal ahead of the 2019/20, and he was eventually dealt to the Trail Blazers. He signed with the Pelicans as a free agent during the 2020 offseason. In his 21 games with the club, he averaged 3.4 PPG and 2.6 RPG across 11.5 MPG.

Thunder Sign, Waive Jaylen Hoard

October 12th, 2021 at 4:26pm CST by Dana Gauruder

OCTOBER 12: After announcing his signing on Monday, the Thunder have waived Hoard, per Mussatto (Twitter link). Mussatto expects that Hoard will join the club’s NBA G League affiliate, the Oklahoma City Blue.

OCTOBER 11: The Thunder have signed forward Jaylen Hoard on an Exhibit 10 contract, Joe Mussatto of The Oklahoman tweets.

Hoard is returning to the franchise after getting signed to a two-way contract last April. He saw action in 19 games, averaging 6.1 PPG and 3.4 RPG.

Oklahoma City opened up a camp roster spot by releasing Rob Edwards earlier on Monday.

Undrafted out of Wake Forest in 2019, Hoard spent his rookie season on a two-way deal with Portland, logging limited minutes in 13 games for the Trail Blazers. Hoard, 22, suited up for the Oklahoma City Blue at the Walt Disney World bubble in February and March, averaging 9.7 PPG and 4.9 RPG in 15 games (22.0 MPG) off the bench.

Hoard will likely end up with the Blue again this season and receive a $50K bonus if he remains on the G League roster for 60 days.

Magic Sign Devin Cannady, Cut Jeremiah Tilmon

October 12th, 2021 at 3:57pm CST by Luke Adams

The Magic have signed free agent guard Devin Cannady, waiving center Jeremiah Tilmon in order to clear room on their 20-man roster, the team announced today in a press release. While details weren’t disclosed, it figures to be a non-guaranteed camp contract for Cannady.

Undrafted in 2019, Cannady has spent most of his first two professional seasons in the G League. After playing for the Long Island Nets as a rookie, he joined the Magic for training camp in December, then suited up for Orlando’s G League affiliate, the Lakeland Magic, during the 2020/21 “bubble” season.

Cannady’s regular season numbers in 13 games (25.8 MPG) for Lakeland were relatively modest, as he averaged 11.7 PPG, 2.8 RPG, and 2.7 APG. However, the 24-year-old knocked down 40% of his three-point attempts and played a key part in the Magic’s postseason run, scoring 22 points in the team’s NBAGL championship win to earn Finals MVP honors.

That performance earned Cannady a 10-day deal with Orlando and then a two-way contract with the team. However, his season came to an early end in April when he suffered a significant ankle injury and underwent surgery.

It’s unclear when Cannady will be back to 100%, but – like Tilmon – he’s probably not in the mix for a spot on the Magic’s regular season roster at this point anyway. Orlando likely signed him in order to ensure he receives an Exhibit 10 bonus for returning to Lakeland.

The Magic have a full 20-man preseason roster, with 15 players on guaranteed contracts, four on non-guaranteed deals, and one on a two-way pact.