Transactions Rumors | Hoops Rumors

Alize Johnson Signs Two-Year Contract With Bulls

September 7th, 2021 at 7:49pm CST by Alex Kirschenbaum

SEPTEMBER 7: The Bulls have officially signed Johnson to his two-year deal, according to ESPN’s Bobby Marks (Twitter link), who reports that the big man will get a $250K partial guarantee if he’s not waived by opening night. The second year is non-guaranteed until July 2, 2022.

SEPTEMBER 6: After being waived by the Nets to make room for an un-retiring LaMarcus Aldridge, unrestricted free agent power forward Alize Johnson has agreed to a new two-year contract with the Bulls, per Adrian Wojnarowski of ESPN (Twitter link).

Wojnarowski reports that Johnson will sign a two-year, $3.6MM minimum-salary contract with Chicago. Johnson marks the third Bulls signing of the Labor Day weekend, to go along with 6’6″ forward Stanley Johnson and 6’4″ wing Matt Thomas.

The 6’7″ Alize Johnson was selected by the Pacers with the No. 50 pick in the 2018 draft out of Missouri State. After spending his first two NBA seasons with the Pacers and their NBAGL affiliate the Fort Wayne Mad Ants, he next suited up for the Raptors 905 during the pandemic-truncated 2021 G League Orlando “bubble” season. The 25-year-old averaged 16.6 PPG, 13.3 RPG, 4.2 APG and 1.3 SPG across 15 contests for the Raptors’ G League affiliate.

Johnson then joined the Nets for the remainder of the season, flashing some athletic promise in a deep-bench role. Over 18 games, he averaged 5.2 PPG and 5.0 RPG in 10.5 MPG for Brooklyn during the 2020/21 season.

Positionally, both Johnsons could help fill the void left by recently-departed reserve power forward Lauri Markkanen. Markkanen, a restricted free agent this summer, was moved to the Cavaliers through a four-year, $67MM sign-and-trade, in a three-team deal with the Blazers that netted Chicago future draft equity, as well as reserve forward Derrick Jones Jr.

Functionally, Jones and the Johnsons are very different players from Markkanen. The new reserve trio should collectively be able to provide versatile defense at either forward position, though none sport the long-range shooting acumen of seven-footer Markkanen.

It’s worth noting that, prior to the Bulls’ trio of deals, the team was carrying 13 players on guaranteed contracts. The details on Chicago’s latest contracts are unclear, but there won’t be room for both Johnsons and Thomas on the regular season roster unless another player is traded or waived.

Bulls Sign Ethan Thompson To Exhibit 10 Contract

September 7th, 2021 at 7:45pm CST by Luke Adams

SEPTEMBER 7: Over a month after the deal was officially reported, the Bulls have officially signed Thompson to a non-guaranteed camp deal, per ESPN’s Bobby Marks (Twitter link).

JULY 30: The Bulls have reached an agreement to sign former Oregon State shooting guard Ethan Thompson to an Exhibit 10 contract, according to Michael Scotto of HoopsHype (Twitter link).

Thompson, who went undrafted on Thursday night, spent his four-year college career with the Beavers, starting all 127 games he played for the team. In 2020/21, he averaged 15.7 PPG to go along with 4.0 RPG and 3.9 APG in 33.6 minutes per contest (33 games). The 22-year-old earned a spot on the All-Pac-12 First Team.

Exhibit 10 contracts give NBA teams a chance to bring players to training camp and get a look at them without guaranteeing them a regular season roster spot or any real salary. If Thompson ends up playing for the Windy City Bulls, Chicago’s G League affiliate, he could earn a $50K bonus due to the Exhibit 10 language in his deal.

Spurs Re-Sign Keita Bates-Diop To Two-Year Deal

September 7th, 2021 at 7:42pm CST by Luke Adams

7:42pm: The Spurs have officially re-signed Bates-Diop, the team announced in a press release.

9:34am: Restricted free agent forward Keita Bates-Diop has agreed to re-sign with the Spurs on a two-year contract, according to ESPN’s Adrian Wojnarowski (Twitter link).

Bates-Diop spent last season on a two-way deal with San Antonio. At season’s end, the club made him an RFA by tendering a qualifying offer that was equivalent to a one-year, two-way contract with a $50K partial guarantee. Based on Wojnarowski’s report, it sounds as if the 25-year-old was able to work out a new standard deal with the Spurs rather than accepting that QO and playing on a two-way contract again.

The 48th overall pick in the 2018 draft, Bates-Diop began his career with Minnesota and has since spent time in Denver and San Antonio. In 2020/21, he averaged 2.6 PPG and 1.6 RPG on .448/.294/.667 shooting in 30 games (8.2 MPG) for the Spurs.

Given Bates-Diop’s underwhelming numbers in his first three NBA seasons, it’s a little surprising that the Spurs were willing to give him a two-year deal, even if it’s almost certainly not fully guaranteed. San Antonio waived Chandler Hutchison over the weekend, but still has 16 other players on guaranteed contracts — adding Bates-Diop to the mix does nothing to clear that roster crunch.

We’ll have to wait for more details on Bates-Diop’s agreement with the Spurs to get a better sense of whether the team envisions him claiming a spot on the 15-man regular season roster. If so, San Antonio will have to trade or release two other players by opening night.

Pacers Sign Nate Hinton To Exhibit 10 Deal

September 7th, 2021 at 7:41pm CST by Luke Adams

7:41pm: The signing is official, according to a press release from the Pacers.

3:20pm: The Pacers have reached an agreement with free agent guard Nate Hinton on an Exhibit 10 deal, agent Tallen Todorovich tells our JD Shaw (Twitter link).

Hinton, 22, signed a two-way contract with the Mavericks during the 2020 offseason after going undrafted out of Houston. The 6’5″ shooting guard spent his rookie season in Dallas, appearing in 21 games for the club, but only played limited minutes, averaging 2.0 PPG in 4.4 MPG. He saw more action at the G League level for the Santa Cruz Warriors, putting up 10.6 PPG and 7.1 RPG in 10 games (23.0 MPG).

The Mavs issued a qualifying offer to Hinton earlier this summer to make him a restricted free agent and he accepted it, briefly returning to the team on a second two-way deal. However, Dallas waived him in August in order to open up a two-way slot for JaQuori McLaughlin.

The Pacers currently have a total of 19 players under contract, including 13 on guaranteed contracts, four on non-guaranteed deals, and a pair on two-way pacts. Hinton, who will join Keifer Sykes and Terry Taylor as the Pacers players with Exhibit 10 deals, will be the team’s 20th man.

Earning a regular season roster spot will be a challenge, but if Hinton ends up joining Indiana’s G League affiliate for at least 60 days, his Exhibit 10 contract would make him eligible to earn a bonus of up to $50K.

Spurs Sign Joe Wieskamp To Two-Way Contract

September 7th, 2021 at 7:10pm CST by Luke Adams

SEPTEMBER 7: The Spurs have officially announced the signing of Wieskamp to a two-way deal, per a team press release.

AUGUST 17: Former Iowa wing Joe Wieskamp will sign a two-way contract with the Spurs, according to Scott Dochterman of The Athletic (Twitter link; hat tip to RealGM).

Wieskamp, who will turn 22 next Monday, averaged 14.8 PPG and 6.6 RPG on .491/.462/.677 shooting in 31 games (29.3 MPG) as a junior in 2020/21. He earned All-Big Ten Second Team honors and was the 41st player to come off the board in the July 29 draft.

The Spurs already have 14 players on fully guaranteed contracts, with Drew Eubanks on a partially guaranteed deal and Bryn Forbes and Jock Landale still to sign. As such, there probably wouldn’t have a spot for Wieskamp on the 15-man regular season roster, so it makes sense that San Antonio will start him off on a two-way contract.

Once they sign Wieskamp, the Spurs will still have their second two-way slot open, though Keita Bates-Diop is a candidate to fill it — the team still has a two-way qualifying offer out to him.

Bulls Sign Matt Thomas

September 6th, 2021 at 4:42pm CST by Luke Adams

The Bulls have signed free agent sharpshooter Matt Thomas to a contract, according to RealGM’s log of official NBA transactions. The signing occurred on Saturday, per RealGM.

Thomas, who signed a multiyear deal with the Raptors in 2019 following an impressive stint overseas, spent a year-and-a-half with Toronto before being sent to Utah at the 2021 deadline. In total, he appeared in 86 games for the Raptors and Jazz, averaging 4.0 PPG in 8.9 minutes per contest.

Thomas is known for his ability to knock down three-point shots. He made 41.3% of his long-distance attempts during his two NBA seasons after making 48.1% for Valencia Basket during his last year in Europe in 2018/19.

While the specific details of Thomas’ deal aren’t known, RealGM classifies it as a one-year contract. And since it doesn’t show up NBA.com’s transactions log – which doesn’t list non-guaranteed signings – it’s probably safe to assume it’s not guaranteed.

Since Chicago has been carrying 13 players on guaranteed contracts, Thomas could get an opportunity to compete for a regular season roster spot. Stanley Johnson, another former Raptor who reached a deal with the Bulls today, also figures to be in the mix for a roster spot — it’s unclear whether or not Johnson’s salary will be guaranteed.

Clippers Waive Yogi Ferrell

September 5th, 2021 at 10:00pm CST by Luke Adams

The Clippers have waived guard Yogi Ferrell, the team announced on Sunday night in a press release. The move reduces L.A.’s total roster count to 15 players.

Ferrell, 28, signed a 10-day contract with the Clippers in April, then inked a multiyear deal with the team when his initial agreement expired. He appeared in eight total regular season games for L.A., averaging 4.6 PPG and 2.1 APG in 12.0 MPG, then logged garbage-time minutes in nine postseason contests.

Because Ferrell’s 2021/22 salary was non-guaranteed, the Clippers won’t be on the hook for any of his $1.98MM minimum salary. He’ll become an unrestricted free agent if and when he clears waivers later this week.

The Clippers now have 14 players on guaranteed contracts, plus Jay Scrubb on a two-way deal. The team has also reportedly agreed to an Exhibit 10 pact with George King and has a two-way qualifying offer out to Amir Coffey.

Spurs Waive Chandler Hutchison

September 4th, 2021 at 7:12pm CST by Arthur Hill

7:12pm: The move is official, tweets Tom Orsborn of The San Antonio Express-News.

4:40pm: The Spurs plan to release small forward Chandler Hutchison, tweets Fred Katz of The Athletic.

Hutchison’s salary for the upcoming season is guaranteed, so San Antonio will owe him the full amount of $4,019,459. He was acquired from the Wizards in a five-team trade last month.

Washington picked up the 25-year-old from the Bulls at the trade deadline in March. He appeared in 18 games with the Wizards, averaging 5.2 points and 3.2 rebounds in 15.7 minutes per night.

Chicago selected Hutchison with the 22nd pick in 2018, but he was never able to able to develop a consistent role. He played just seven games for the Bulls last season and sat out nearly two months before the trade for what the team listed as personal reasons.

The Spurs had 17 guaranteed contracts, so at least one more will need to be waived or traded to get down to the regular season roster limit. They have 16 players signed for camp, plus Joe Wieskamp set to fill one of the two-way slots. Keita Bates-Diop remains a restricted free agent and could fill the other two-way opening.

Anthony Lamb Accepts Qualifying Offer From Rockets

September 4th, 2021 at 6:02pm CST by Arthur Hill

Anthony Lamb has accepted the qualifying offer that the Rockets made at the end of July, according to Jonathan Feigen of The Houston Chronicle.

Because Lamb was on a two-way contract, the offer is the equivalent of another two-way deal that carries a $50K guarantee. He and rookie Matthew Hurt will be Houston’s two-way players heading into camp, and they will battle for roster spots along with guards Armoni Brooks and Daishen Nix and forward Tyler Bey, who all have Exhibit 10 deals. Lamb’s signing brings the team to the training camp limit of 20 players.

After going undrafted out of Vermont, Lamb went to camp with the Pistons last December but was cut before the season began. The 23-year-old played in the G League before joining the Rockets in March. He got into 24 games, starting three, and averaged 5.5 points and 2.9 rebounds in 17.3 minutes per night.

If Lamb makes the team, Feigen speculates that his future will be as a stretch four as he shot 39.2% from three-point range over his final 15 games. Lamb has upgraded his strength and fitness, according to Summer League coach Will Weaver.

“The biggest focus this summer is defense,” Lamb said. “I just went out trying to figure out how I can make myself more versatile, being able to switch onto multiple people, guard whoever comes against me. I’m trying to use my voice and talk to make sure that I’m really effective on that end.”

Nets Trade Jordan, Draft Picks To Pistons For Okafor, Doumbouya

September 4th, 2021 at 9:18am CST by Luke Adams

SEPTEMBER 4: The trade is official, according to a Brooklyn press release.

“We appreciate everything DeAndre has contributed to our organization over the past two seasons both on and off the court and wish him and his family the best moving forward,” Nets GM Sean Marks said in a statement.

SEPTEMBER 3: The Nets and Pistons have reached an agreement on a trade, according to ESPN’s Adrian Wojnarowski (Twitter link), who reports that Detroit will acquire center DeAndre Jordan, four second-round picks, and $5.78MM in cash. Brooklyn will receive Jahlil Okafor and Sekou Doumbouya in return.

The draft picks headed to Detroit in the deal are the Nets’ own 2022 and 2027 second-round picks, plus the Wizards’ or Grizzlies’ 2024 second-rounder (whichever is more favorable) and the Warriors’ or Wizards’ 2025 second-rounder (whichever is more favorable), sources tell ESPN (Twitter link).

According to Wojnarowski, the plan is for the Pistons to work out a buyout agreement with Jordan, who has about $20MM left on his contract over the next two years.

The Nets had been trying for much of the offseason to find a taker for Jordan, a three-time All-NBA center who joined the team as a free agent in 2019 along with Kevin Durant and Kyrie Irving but fell out of the rotation in 2020/21. A report earlier this week indicated Jordan and the Nets were exploring a possible buyout — now it’ll be up to the Pistons to complete those talks.

Although the Nets had to give up four second-round picks to dump Jordan’s salary, the financial benefits will be significant. Jordan is making more than Okafor and Doumbouya combined this year and has multiple years left on his contract, while Okafor and Doumbouya are on expiring deals. Wojnarowski estimates (via Twitter) that the club will save $47MM in the deal after accounting for salaries and projected tax penalties.

That money could be reinvested in buying back second-round picks down the road. However, as Woj points out, Brooklyn is confident in its ability to acquire minimum-salary talent to complement its Durant/Irving/James Harden core, as the team did this week by reaching an agreement with Paul Millsap.

The Nets will also acquire a pair of players in the deal, though it’s unclear if either Okafor or Doumbouya is in their plans. The team will have 14 players on guaranteed contracts and one (DeAndre’ Bembry) on a partial guarantee even before accounting for the incoming Pistons. Perhaps the Nets will give Doumbouya – 2019’s No. 15 pick – a shot, but I’d be surprised if they retain Okafor.

As ESPN’s Bobby Marks notes (via Twitter), Brooklyn will create a $6.27MM trade exception in the swap, which is the difference between Jordan’s $9.88MM salary and Doumbouya’s $3.61MM figure. Okafor can be acquired using the minimum salary exception, so the Nets don’t need to match his salary.

As for the Pistons, they’ll take on some dead money as a result of this transaction, but the pros outweigh the cons. Detroit had traded away its own second-round picks from 2022 through 2026 in previous deals, so this gives general manager Troy Weaver a chance to restock his cache of draft assets. Additionally, the $5.78MM in cash the Pistons are getting in the deal – which is the max the Nets could offer – will help cover some of Jordan’s salary.

On top of that, the Pistons had been facing a roster crunch, with 16 players on guaranteed contracts. A two-for-one trade, followed by a Jordan buyout, will reduce that number to 14, giving Detroit an open roster spot to work with. The club could give a camp invitee such as Jamorko Pickett the opportunity to earn that spot this fall or could simply carry 14 players to start the regular season.

Once Jordan is bought out, he’ll be officially placed on waivers and will become an unrestricted free agent two days later. Multiple recent reports have suggested the Lakers are a suitor to keep an eye on, and Wojnarowski reiterates that point today (via Twitter), calling Los Angeles a “serious contender” to sign the veteran center.