Transactions Rumors | Hoops Rumors

Quinn Cook Signs Non-Guaranteed Contract With Blazers

September 22nd, 2021 at 8:35am CST by Rory Maher

SEPTEMBER 22: Cook officially signed his contract with Portland on Tuesday, according to RealGM’s transactions log.

SEPTEMBER 21: Two-time NBA champion Quinn Cook is signing a non-guaranteed contract with the Trail Blazers, per Shams Charania of The Athletic (twitter link).

Cook struggled to find a permanent home last season, playing in 16 games with the Lakers before being waived in February, then playing seven games with the Cavs on a couple of 10-day contracts.

It was reported yesterday that the Warriors were planning on working out Cook this week, but it appears he’ll no longer be an option for Golden State.

Known for his strong locker-room presence and shooting ability, the Washington, D.C. native holds a career slash line of .461/.408/.795 in 14.1 MPG.

Once they officially finalize their agreement with Cook, the Blazers will have 18 players on their training camp roster, with two spots remaining, including an open two-way contract.

Pistons Sign Anthony Tarke To Camp Deal

September 22nd, 2021 at 8:11am CST by Luke Adams

The Pistons have signed rookie free agent wing Anthony Tarke to a non-guaranteed training camp contract, according to RealGM’s transactions log.

Tarke, 23, began his college career at NJIT before transferring to UTEP and then to Coppin State. He had his best season as a senior for Coppin State, filling up the box score with 16.1 PPG, 8.2 RPG, 3.6 APG, 2.6 SPG, and 1.9 BPG. He posted a .473/.321/.561 shooting line in 22 games (34.8 MPG).

Although he wasn’t selected in the July 29 draft, Tarke caught on with Detroit’s Summer League team in Las Vegas, appearing in four games for the club and averaging 4.0 PPG and 3.0 RPG in a limited role (15.8 MPG).

Having signed Tarke, the Pistons are now carrying 18 players — 14 on guaranteed contracts, two on two-way deals, and a pair on non-guaranteed camp contracts. The team has also reportedly reached an agreement to add Derrick Walton to its 20-man roster.

Theoretically, Tarke could be in play for a spot on the Pistons’ 15-man regular season roster – or a two-way contract, if Luka Garza is promoted – but he seems more likely to end up joining the Motor City Cruise, Detroit’s new G League affiliate. His Exhibit 10 contract would put him in line for a bonus worth up to $50K if he’s waived before the regular season and then spends at least 60 days with the Cruise.

Wizards Sign Jordan Schakel To Training Camp Contract

September 21st, 2021 at 8:08pm CST by Alex Kirschenbaum

8:08pm: The Wizards have officially inked Schakel to an Exhibit 10 deal, the team announced today (via Twitter).

7:40pm: Rookie wing Jordan Schakel has signed a training camp contract with the Wizards, sources inform JD Shaw of Hoops Rumors (Twitter link).

The 6’6″ Schakel went undrafted following a four-season San Diego State stint. During his final collegiate season in 2020/21, he averaged 14.4 PPG, 4.4 RPG, 1.0 APG, and 1.0 SPG on .473/.461/.908 shooting. The 23-year-old was named to the All-Mountain West Second Team and to the Mountain West All-Tournament Team for his efforts.

Shaw notes that Schakel most recently suited up for the Kings’ championship-winning 2021 Summer League squad.

The revamped Wizards have 14 guaranteed contracts on their books heading into the 2021/22 season. The minimum-salary contract of center Daniel Gafford only becomes fully guaranteed on January 7, 2022, but it seems highly likely that Washington will re-up on the springy big man. Washington has one of its two two-way contract openings still available.

Schakel could conceivably compete for the Wizards’ available two-way slot in training camp. Should that not transpire, he could still log time for the Wizards’ NBA G League affiliate, the Capital City Go-Go. If Schakel can stick with the Go-Go for at least 60 days, he will earn a $50K bonus.

JD Shaw contributed to this report.

Magic Add Admiral Schofield

September 21st, 2021 at 4:21pm CST by Alex Kirschenbaum

The Magic have finalized a deal with free agent forward Admiral Schofield, according to an official team press release.

Orlando currently has 15 guaranteed rosters, so the addition of Schofield appears most likely to be an Exhibit 10 training camp deal, though official terms of the contract have not been revealed. Schofield is the 20th player on the Magic’s 2021/22 roster ahead of the September 28 start of the team’s training camp.

This is not the first time Orlando has been interested in adding Schofield. Near the end of the 2021 season, with the Magic firmly ensconced in a full-on tank, chatter emerged about Schofield potentially getting a look with the club via a hardship exception. The Magic later moved on from the deal as a result of “inconsistencies” in Schofield’s COVID-19 testing, but clearly the team’s interest hasn’t waned.

Schofield could be competing for the Magic’s available two-way player slot. The undersized (6’5″) power forward out of Tennessee was originally drafted with the No. 42 pick in 2019 by the Sixers, before being sent to the Wizards in a draft-night trade. Schofield enjoyed a decorated NCAA run. He was named to the All-SEC First Team and the All-SEC Second Team during his four-year collegiate tenure.

Across 33 career NBA appearances (all during his rookie 2019/20 season), the 23-year-old Schofield holds averages of 3.0 PPG and 1.4 RPG in 11.2 MPG.

Schofield has also suited up for the NBAGL affiliates of both the Wizards and Hornets, the Capital City Go-Go and the Greensboro Swarm, respectively. In 47 G League contests, Schofield holds averages of 14.2 PPG, 5.5 RPG and 2.1 APG across 29.5 MPG.

Most recently, Schofield played for the Hawks’ 2021 Summer League roster.

Raptors Sign Reggie Perry

September 21st, 2021 at 11:37am CST by Rory Maher

The Raptors have signed second-year forward Reggie Perry, per a team press release.

Financial details of the move were not disclosed, but Blake Murphy (formerly of The Athletic) tweets that it will be an Exhibit 10 contract for training camp. Exhibit 10 contracts can be converted into standard or two-way deals and give players like Perry the opportunity to earn bonuses worth up to $50K if they end up joining the club’s G League affiliate after being cut, which seems pretty likely in this case, as Murphy notes.

Both of the Raptors’ two-way contract slots are currently filled, so they would have to waive one of those players in order to convert Perry to a two-way contract. The signing of Perry means that the team’s 20-man training camp roster is now full.

The 57th overall pick in the 2020 draft, Perry played sparingly for the Nets as a rookie last season, seeing action in 26 games and posting averages of 3.0 PPG and 2.8 RPG in just 8.1 MPG.

He did post strong numbers for their G League affiliate, the Long Island Nets, averaging 18.1 PPG, 8.9 RPG, and 2.9 APG in 28.8 MPG across 15 games. The team was reportedly high on the former SEC co-player of the year, and he definitely has a chance to make it back to the NBA at some point.

Timberwolves Sign Bowen, Silva, Lewis, Miller

September 20th, 2021 at 4:18pm CST by Dana Gauruder

The Timberwolves have signed forwards Brian Bowen II and Chris Silva and guards Matt Lewis and Isaiah Miller, according to a team press release.

The signings give Minnesota a full 20-man camp roster. Terms were not disclosed, but they’re all training camp deals.

Bowen started all five games for the Timberwolves in the Las Vegas summer league, averaging 8.4 PPG and 4.2 RPG in 24.5 MPG. He has played 12 games for the Pacers.

Silva saw action in 15 total games last season for the Heat and Kings, where he averaged 2.1 PPG and 1.8 RPG. Silva was dealt to the Kings at the trade deadline and waived in late April.

Lewis went undrafted out of James Madison University. He was named the CAA Player of the Year last season.

A report that the club was signing Miller to an Exhibit 10 contract came to light in late July. He also played in all five games of the summer league games, averaging 7.4 PPG, 4.0 RPG and 2.0 APG in 16.2 MPG.

Nets Sign Devontae Cacok

September 20th, 2021 at 2:52pm CST by Luke Adams

SEPTEMBER 20: The Nets have officially signed Cacok, the team confirmed today in a press release.

SEPTEMBER 17: The Nets are signing free agent forward Devontae Cacok to their 20-man preseason roster, reports Shams Charania of The Athletic (Twitter link). According to Charania, Cacok will attend training camp with the team and compete for a two-way contract.

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 barely played at the NBA level as a rookie, but appeared in 20 regular season games in 2020/21, albeit primarily in garbage time. The 24-year-old averaged 2.0 PPG and 1.6 RPG in 4.9 minutes per contest.

While his NBA impact has been limited, Cacok 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. He recorded a double-double and earned a spot on the All-NBAGL First Team while averaging just 23.9 minutes per game and coming off the bench in all but two contests.

The Nets have two open spots on their 20-man roster, so Cacok will fill one of them. Kessler Edwards holds one of Brooklyn’s two-way contract slots, but the other is up for grabs. Camp invitee David Duke figures to be in the mix for that opening, along with Cacok and perhaps one or both of the Nets’ unsigned second-round picks (Marcus Zegarowski and RaiQuan Gray).

Like Duke, Cacok is likely receiving an Exhibit 10 contract, which can be converted into a two-way deal before the start of the regular season without having to pass the player through waivers.

Hornets Sign Xavier Sneed

September 20th, 2021 at 2:46pm CST by Luke Adams

The Hornets have officially signed free agent swingman Xavier Sneed to a contract, the team announced today in a press release.

Terms of the deal weren’t disclosed, but it seems likely to be a non-guaranteed pact that includes Exhibit 10 language. That would allow the Hornets to give Sneed a bonus worth up to $50K if he’s waived before the regular season begins and then spends at least 60 days with their G League team.

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. He 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.

With the signing, Charlotte now has a full 20-man offseason roster, including 16 players with guaranteed salaries, two on Exhibit 10 deals (Sneed and D.J. Carton) and a pair on two-way contracts (Scottie Lewis and Arnoldas Kulboka).

In order to set their roster for the regular season, the Hornets will have to trade or release at least one player with a guaranteed salary, but that move doesn’t need to be completed until mid-October. However, the club also reportedly agreed to sign Cameron McGriff to an Exhibit 10 deal, so more transactions could be coming during the preseason.

Nets Opt Not To Retain Isaïa Cordinier

September 19th, 2021 at 3:35pm CST by Alex Kirschenbaum

The Nets have decided to not retain the NBA rights of guard Isaïa Cordinier, according to Adrian Wojnarowski of ESPN (Twitter link), who reports that the team didn’t extend the required tender to Cordinier prior to this year’s deadline.

The French guard was drafted with the No. 44 pick in 2016 as a “draft-and-stash” selection by the Hawks, and has remained overseas in the ensuing seasons, though he did log time for Atlanta in the 2016 Summer League. In recent years, Cordinier has suited up for the French clubs Antibes Sharks and Nanterre 92. He was named to the All-EuroCup First Team this year.

Cordinier was sent from Atlanta to Brooklyn in a 2018 Jeremy Lin deal.

Earlier during the offseason, it was announced that Cordinier would travel from France to Brooklyn for a workout with the Nets. Cordinier’s reps may have hoped that he would showcase enough promise in such a workout to merit a training camp appearance, but apparently, given that the Nets house a roster packed with vets and appealing prospects, Brooklyn is opting to move in a different direction.

Woj notes that Cordinier, 24, will now be a free agent, able to sign a new deal with any NBA club. The 6’5″ shooting guard averaged 15.8 PPG, 5.2 RPG, 3.2 APG and 1.7 SPG across 33.9 MPG for Nanterre 92, with an impressive shooting line of .526/.449/.816.

Wolves Sign Leandro Bolmaro To Rookie Contract

September 18th, 2021 at 8:42am CST by Luke Adams

SEPTEMBER 18: Bolmaro has officially signed his rookie deal, according to the NBA transactions log.

SEPTEMBER 14: Leandro Bolmaro, the No. 23 pick in the 2020 draft, will be signing his rookie scale contract with the Timberwolves this week, according to Dane Moore of Blue Wire (Twitter link). Darren Wolfson of 5 Eyewitness News adds (via Twitter) that the deal is expected to be completed in the next 24 hours.

The Wolves stashed Bolmaro overseas for a year after drafting him — he remained with Barcelona in Spain for another season in 2020/21 before coming stateside.

The 21-year-old guard won a Liga ACB championship and a Spanish Cup title with the team in 2021, and was named the ACB Most Spectacular Player (essentially an award for the player who shows up the most on the league’s highlight reel). He averaged 6.4 PPG, 1.8 APG, and 1.5 RPG on .500/.453/.867 shooting in 33 Liga ACB games (15.5 MPG).

As a No. 23 pick, Bolmaro will sign a rookie contract identical to the one signed by this year’s 23rd overall selection, Usman Garuba. That means he’ll earn about $2.35MM as a rookie and $11.8MM over four years, as our breakdown shows.

The Wolves, who also reached agreements with restricted free agents Jarred Vanderbilt and Jordan McLaughlin last week, are expected to formally announce those deals soon, per Wolfson. Once Vanderbilt, McLaughlin, and Bolmaro are locked up, Minnesota’s regular season roster looks set, barring a trade, according to Moore, who notes that the club would have to cross the luxury tax line in order to retain a 15th man.

The Wolves will have 12 players on guaranteed contracts, plus Naz Reid and Jaylen Nowell on non-guaranteed deals.