Transactions Rumors | Hoops Rumors

Kings Sign Neemias Queta To Two-Way Contract

August 8th, 2021 at 11:55pm CST by Luke Adams

Neemias Queta, the 39th overall pick in July’s NBA draft, has officially signed a two-way contract with the Kings, the club announced today in a press release.

Queta, 22, played his college ball at Utah State. As a junior in 2020/21, the young center averaged a double-double (14.9 PPG, 10.1 RPG) with an impressive 3.3 blocks per game in 29 contests (30.0 MPG).

The Kings carried over Louis King as a two-way player from last season, so King and Queta will occupy the team’s two-way contract slots.

Sacramento is currently carrying 12 players on guaranteed contracts, three players on non-guaranteed deals, and two on two-way pacts, for a total of 17. That number will increase to 20 (the offseason limit) if and when the Kings complete their previously-reported deals with Alex Len, Matt Coleman, and DJ Steward.

Bulls Acquire Lonzo Ball Via Sign-And-Trade

August 8th, 2021 at 11:07pm CST by Luke Adams

AUGUST 8: The Bulls have officially acquired Ball, the team announced late on Sunday night in a press release. As expected, the Pelicans acquired Satoransky, Temple, and a future second-round pick in the deal. The future second-rounder is Chicago’s 2024 selection, and New Orleans also received cash considerations.

This transaction continues to be investigated by the NBA due to possible “gun-jumping,” since it’s a complicated sign-and-trade deal that was reported as being done the minute that free agency opened on Monday.

The Pelicans and especially the Bulls may face discipline from the league based on that investigation’s findings. However, the fact that the trade was processed while the probe is ongoing is another sign the NBA isn’t going to disallow it.

Due to base year compensation rules affecting Ball’s new contract, neither the Bulls nor the Pelicans will create a trade exception in the deal.

AUGUST 2: The Bulls and point guard Lonzo Ball have agreed to a four-year, $85MM deal, Klutch Sports CEO Rich Paul tells Shams Charania of The Athletic (Twitter link). The contract will include a fourth-year player option, according to Michael Scotto of HoopsHype (Twitter link).

Ball is a restricted free agent, but the Bulls and Pelicans will work out a sign-and-trade to get him to Chicago, Paul tells ESPN’s Adrian Wojnarowski (Twitter link).

The Pelicans will receive Tomas Satoransky, Garrett Temple, and a second-round pick from the Bulls in the sign-and-trade agreement, according to Charania (Twitter link).

Temple is a free agent, so he’ll be signed-and-traded as well. He’s getting a three-year contract with the first two years guaranteed, according to David Aldridge of The Athletic, who adds that the deal is expected to be worth about $5MM per year (Twitter links).

It’s a major coup for the Bulls, who have been linked to Ball for the last several months. The team reportedly discussed a trade with the Pelicans at the deadline, but couldn’t reach a deal to land Ball at the time. Now, Chicago is in position to add the former No. 2 overall pick to a starting lineup led by Zach LaVine and Nikola Vucevic.

Ball, 23, had arguably the best season of his career in 2020/21, averaging 14.6 PPG, 5.7 APG, and 4.8 RPG in 55 games (31.8 MPG) and improving his shooting numbers to .414/.378/.781.

His deal is right in line with the four-year deals signed by fellow point guards Fred VanVleet and Malcolm Brogdon in recent free agencies.

While Pelicans stars Zion Williamson and Brandon Ingram expressed a desire to continue playing with Ball, the team’s front office never seemed sold on the idea of making him a long-term cornerstone. Adding Satoransky will give New Orleans some depth at the point, though the team will likely remain in the hunt for another point guard in free agency.

Clippers Sign Brandon Boston Jr. To Multiyear Deal

August 8th, 2021 at 10:53pm CST by Luke Adams

AUGUST 9: Boston’s deal is now official, according to an announcement from the Clippers.

AUGUST 8: The Clippers are signing rookie wing Brandon Boston Jr. to a multiyear deal, according to Shams Charania of The Athletic, who reports (via Twitter) that Boston will get two guaranteed years with a third-year team option.

In his single college season at Kentucky, Boston averaged 11.5 PPG, 4.5 RPG, and 1.6 APG on .355/.300/.785 shooting in 25 games (30.4 MPG) for the Wildcats. The 19-year-old is considered a raw prospect who is still adding bulk to his slender frame.

The Grizzlies technically selected Boston with the No. 51 pick on draft night, but by that point the selection had already been part of two trades agreed to before or during the draft. It was sent to the Pelicans as part of a bigger deal earlier in the week and then flipped to the Clippers for cash on draft night.

The Clippers’ willingness to buy their way back into the draft in order to nab Boston – and their willingness to give him two guaranteed years – signals how highly they regard him. According to Keith Smith of Spotrac (via Twitter), Boston’s $2.5MM in guaranteed money will be the most ever for a player drafted in the 50s who wasn’t stashed overseas before coming to the NBA.

Los Angeles will use a portion of its $5.9MM taxpayer mid-level exception to complete the signing. ESPN’s Bobby Marks reported on Instagram on Sunday that Justise Winslow got about $3.9MM of that exception, which leaves more than enough wiggle room to accommodate Boston’s first-year salary.

Grizzlies Sign Ziaire Williams, Santi Aldama To Rookie Deals

August 8th, 2021 at 10:09pm CST by Luke Adams

The Grizzlies‘ two first-round picks, forward Ziaire Williams and forward/center Santi Aldama, have officially signed their rookie contracts, the team announced today in a press release.

Williams, who spent a single season at Stanford before declaring for the draft, was the 10th overall pick on July 29. Memphis acquired the selection as part of the Jonas Valanciunas/Eric Bledsoe/Steven Adams deal with New Orleans, moving up from No. 17 in order to secure Williams.

Aldama, meanwhile, was the 30th overall pick in this year’s draft. The Grizzlies packaged the No. 40 selection with two future second-rounders in a deal with Utah in order to move up to the end of the first round to draft the 6’11” Spaniard, who played his college ball at Loyola (Maryland).

Assuming they both received the maximum allowable 120% of the rookie scale (which nearly all first-round picks do), Williams will earn $4.37MM in his first NBA season, while Aldama will make $1.99MM.

The Grizzlies now have 15 players on guaranteed contracts, meaning most of their offseason business is probably done. The team does still have one two-way slot open, with a two-way qualifying offer out to Killian Tillie.

Raptors Sign David Johnson To Two-Way Contract

August 8th, 2021 at 9:35pm CST by Luke Adams

The Raptors issued a press release on Sunday night announcing that they’ve signed former Louisville guard David Johnson to a two-way contract.

Johnson, the 47th overall pick in July’s draft, played college ball for the Cardinals for two years before declaring for the draft following his sophomore season. In 19 games (35.1 MPG) in 2020/21, he put up 12.6 PPG, 5.8 RPG, and 3.2 APG with a .411/.386/.700 shooting line.

The Raptors previously signed undrafted free agent Justin Champagnie to a two-way contract, so both of the team’s two-way slots have now been filled.

No. 46 pick Dalano Banton is the only one of Toronto’s three 2021 draft picks who remains unsigned, as Scottie Barnes finalized his rookie deal earlier today. The Raptors still project to have some openings on their 15-man regular season roster, so Banton seems likely to sign a standard multiyear contract at some point.

Nets Sign David Duke Jr.

August 8th, 2021 at 8:26pm CST by Luke Adams

The Nets have officially signed undrafted rookie guard David Duke Jr. to a contract, the team announced today in a press release. Duke first announced on Twitter shortly after the draft ended that he’d be joining Brooklyn — it appears it’ll be for more than just Summer League.

Duke, who declared for the draft following his junior season at Providence, averaged 16.8 PPG, 6.3 RPG, and 4.8 APG on .387/.389/.792 shooting in 26 games (37.1 MPG) in 2020/21.

The terms of Duke’s contract aren’t yet known, but it seems likely to be a training camp deal that includes Exhibit 10 language. Exhibit 10 contracts, which can be converted into standard or two-way deals, give players the opportunity to earn bonuses worth up to $50K if they end up joining the club’s G League affiliate after being cut.

The Nets now have 14 players under contract, with that total set to rise to 16 once Blake Griffin and Patty Mills officially sign. Three of Brooklyn’s second-round picks also remain unsigned, and the team has a two-way qualifying offer out to Reggie Perry.

Pistons Sign Cade Cunningham To Rookie Contract

August 8th, 2021 at 7:59pm CST by Luke Adams

This year’s No. 1 overall pick, Cade Cunningham, has signed his rookie contract, the Pistons announced today (via Twitter).

[RELATED: 2021 NBA Draft Pick Signings]

Viewed for months as the overwhelming favorite to come off the board first on draft night, Cunningham played a single season at Oklahoma State, averaging 20.1 PPG, 6.2 RPG, 3.5 APG, and 1.6 SPG on .438/.400/.846 shooting in 27 games (35.4 MPG). He was a consensus All-American and was named the Big 12 Player of the Year as a freshman.

Cunningham, who is making his Summer League debut in Las Vegas on Sunday night, will be the highest-paid rookie in the 2021 class. As our breakdown shows, he’s in line for a rookie salary of $10MM+ and will make more than $45MM over the life of his four-year contract with Detroit.

The Pistons also formally confirmed the signing of second-rounder Isaiah Livers, which we previously relayed.

Thunder Sign Josh Giddey, Tre Mann To Rookie Contracts

August 8th, 2021 at 5:24pm CST by Luke Adams

The Thunder have signed first-round picks Josh Giddey and Tre Mann to their rookie scale contracts, the team announced today in a press release.

Having entered draft night with the sixth, 16th, and 18th overall picks in the first round, Oklahoma City traded the No. 16 selection to Houston, but used No. 6 to pick Giddey and No. 18 to nab Mann. The two rookies are projected to earn first-year salaries of $5.99MM and $2.9MM, respectively.

Giddey, a member of the Adelaide 36ers in 2020/21, averaged 10.9 PPG, 7.5 APG, and 7.4 RPG in 28 games, earning NBL Rookie of the Year honors. The 18-year-old Australian was a surprise pick at No. 6 over the likes of Jonathan Kuminga and James Bouknight, but his size (6’8″) and play-making ability make him an intriguing fit for the rebuilding Thunder.

As for Mann, he spent two seasons in college, emerging as a full-time starter in the Florida Gators’ backcourt in 2020/21. The 6’5″ guard put up 16.0 PPG, 5.6 RPG, and 3.5 APG with a shooting line of .459/.402/.831 in 24 games as a sophomore before entering the draft.

As our tracker shows, No. 32 pick Jeremiah Robinson-Earl is now the Thunder’s lone unsigned 2021 draftee.

Knicks Sign Jericho Sims To Two-Way Deal

August 8th, 2021 at 3:51pm CST by Alex Kirschenbaum

The Knicks have added forward Jericho Sims on a two-way contract, the team announced today in a press release (Twitter link). The deal will cover two seasons, tweets Keith Smith of Spotrac.

Sims, selected with the No. 58 pick out of Texas, will be eligible to appear in 50 games with New York while on his two-way contract. If the Knicks want to play Sims in more than 50 games, his contract would need to be converted to a standard deal.

As a two-way player, Sims also figures to spend time with the Knicks’ Westchester affiliate during the season for further development. A four-year college player, the 22-year-old was honored with an All-Big 12 Team selection during his final season in Austin.

The 6’10” big man averaged 9.2 PPG, 7.2 RPG and 1.1 BPG across 27 games for the 2020/21 NCAA regular season, including 26 starts. He also connected on 69.6% shooting from the field, the second-best field goal percentage in UT’s history for a single year.

It was previously rumored that Sims, currently with New York’s Summer League squad in Las Vegas, would most likely join the Knicks on a two-way deal. The Knicks still have a second slot in which to ink a two-way player for the upcoming 2021/22 season.

Dwayne Bacon Waived By Magic

August 8th, 2021 at 3:14pm CST by Alex Kirschenbaum

Veteran shooting guard Dwayne Bacon has been waived by the Magic, the team announced today in a press release (Twitter link).

Bacon had joined Orlando on a two-year minimum deal during the 2020 offseason, but his $1,824,003 salary for the 2021/22 season was not yet guaranteed, so Orlando won’t carry any dead money as a result of the move.

The 6’6″ Bacon played in every single game for the Magic during the truncated 72-game 2020/21 NBA season, including 50 starts. He averaged 10.9 PPG, 3.1 RPG, 1.3 APG and 0.6 SPG across 25.7 MPG, with a shooting line of .402/.285/.824.

The 25-year-old was selected with the No. 40 pick in the 2017 draft out of FSU, and had spent his prior three seasons in the league with the Hornets, also moonlighting with Charlotte’s NBA G League affiliate, the Greensboro Swarm, during that time.

Bacon’s proven reliability during a compressed season and his positional fluidity could make him an appealing player for a playoff club looking to take a minimum-salary or partially-guaranteed contract flyer on a young wing with remaining upside.