Transactions Rumors | Hoops Rumors

Trail Blazers Sign Ben McLemore

August 5th, 2021 at 7:00pm CST by Alex Kirschenbaum

AUGUST 5: The team has officially signed McLemore, according to a team press release. It’s a one-year, minimum-salary deal.

AUGUST 2: The Trail Blazers will sign free agent shooting guard Ben McLemore, his agent Rich Paul has informed Michael Scotto of HoopsHype (via Twitter).

The athletic swingman flashed significant promise during his first few seasons with the Kings, who selected him with the seventh pick in the 2013 draft out of Kansas. He next proved himself to be a valuable role player while with the Grizzlies, and then suited up for an encore 2018/19 Sacramento season.

Armed with quickness and a reliable three-point shot, McLemore served as a helpful wing contributor on the Rockets’ most recent playoff team, operating as a role player to support All-Star guards James Harden and Russell Westbrook, during the 2019/20 season.

After the Rockets began a midseason 2020/21 fire sale, they sent McLemore to the Lakers. McLemore averaged 8.0 PPG and 1.6 RPG in 21 contests for Los Angeles, connecting on 36.8% of his 5.4 three-point attempts a night. He should prove a valuable floor-spacing role player on the perimeter for Portland.

Photo courtesy of USA Today Sports Images.

Raptors Re-Sign Khem Birch To Three-Year Contract

August 5th, 2021 at 6:32pm CST by Dana Gauruder

AUGUST 6: The Raptors have made it official with Birch, formally issuing a press release to confirm his new deal.

AUGUST 5: The Raptors have reached a three-year contract agreement with one of their own free agents, center Khem Birch, Adrian Wojnarowski of ESPN tweets.

The deal will be worth $20MM. Toronto only held Non-Bird rights on Birch, so it will likely use part of its mid-level exception to re-sign Birch. It’s also conceivable that the Raptors could open up sufficient cap room to make it happen, but if they take back Goran Dragic or another high-salary player in the Kyle Lowry sign-and-trade with Miami, they’ll need to use the mid-level.

Birch joined the Raptors in April after the rebuilding Magic bought him out. He started 17 of 19 regular-season appearances with the Raptors, averaging 11.9 PPG, 7.6 RPG and 1.2 BPG in 30.4 MPG. The 28-year-old Birch played his first three-and-a-half NBA seasons with Orlando but was mainly used off the bench.

The Raptors waived Aron Baynes on Wednesday, so Birch could compete with Chris Boucher for a starting role with the club.

Wizards Rescinding Garrison Mathews’ Qualifying Offer

August 5th, 2021 at 5:58pm CST by Luke Adams

The Wizards are pulling their qualifying offer to Garrison Mathews off the table, according to Fred Katz of The Athletic (Twitter link). The move will make Mathews an unrestricted free agent.

Mathews, who has been on a two-way contract with Washington for each of the past two seasons, emerged as a regular rotation player for the team in 2020/21, averaging 5.5 PPG in 64 games (16.2 MPG). The 24-year-old shooting guard has displayed a reliable outside shot since entering the NBA, making 38.9% of 244 total three-point attempts.

The Wizards issued Mathews a qualifying offer last week to make him a restricted free agent. That QO was a partially guaranteed one-year minimum-salary offer and gave Washington matching rights in the event that Mathews signed an offer sheet with another team.

However, as Katz explains, the Wizards’ roster is almost full as a result of the complex five-team trade that will send six players to D.C. — by my count, 14 of the 15 slots on Washington’s regular season roster are spoken for. The club is also close to the tax line, Katz notes, and may want to retain some flexibility with that 15th roster spot.

Mathews will now be free to sign outright with any other team.

Wizards Waive Caleb Homesley

August 5th, 2021 at 5:35pm CST by Luke Adams

The Wizards have waived shooting guard Caleb Homesley, according to NBA.com’s official transactions log.

Homesley, who went undrafted out of Liberty in 2020, joined the Wizards for training camp last fall but was waived before the regular season began. He later suited up for the Erie BayHawks (the G League team the Wizards shared with New Orleans in 2020/21) and appeared in 15 NBAGL games (24.9 MPG), averaging 9.3 PPG, 4.1 RPG, and 2.3 APG.

The Wizards liked what they saw from Homesley in the preseason and in the G League enough to sign him to a multiyear contract during the last week of the 2020/21 season. That was a four-year contract, but the last three years – including ’21/22 – were non-guaranteed, allowing Washington to cut him without incurring a cap hit.

Releasing Homesley doesn’t necessarily mean he’s no longer in the Wizards’ plans. He was listed on the team’s Las Vegas Summer League roster and could be a candidate to return to the club on a new Exhibit 10 deal or two-way contract. For now though, he’s on waivers — he’ll become a free agent this weekend if he goes unclaimed.

McKinley Wright Signs Two-Way Deal With Timberwolves

August 5th, 2021 at 5:33pm CST by Alex Kirschenbaum

AUGUST 5: Wright’s two-way contract with the Timberwolves is now official, according to the transactions log at NBA.com. Both of Minnesota’s two-way slots are now full, as our tracker shows.

JULY 30: The Timberwolves will sign a two-way deal with undrafted Colorado guard McKinley Wright IV, writes ESPN’s Adrian Wojnarowski (Twitter link).

The 6’0″ point guard enjoyed four decorated seasons with the Buffaloes. He was a three-time All-Pac-12 selection, a two-time All-Pac-12 Tourney honoree, and a 2020 Pac-12 All-Defensive Team member.

Wright, 22, ranks sixth on ESPN’s list of undrafted prospects. He averaged 15.2 PPG, 5.7 APG, 4.3 RPG and 1.1 SPG in 32 games for the Buffaloes, on .480/.301/.844 shooting during his senior season in 2020/21. Wright started in all but one of his 132 regular season games with the club.

Suns Re-Sign Frank Kaminsky

August 5th, 2021 at 4:47pm CST by Luke Adams

AUGUST 9: The Suns have officially announced the return of reserve center/power forward Frank Kaminsky.

AUGUST 5: Free agent big man Frank Kaminsky has agreed to return to the Suns on a one-year deal, his agents Mark Bartelstein and Andy Shiffman tell Marc Stein (Twitter link). Kaminsky’s one-year deal will be worth the veteran’s minimum, tweets John Gambadoro of Arizona Sports 98.7.

Kaminsky, 28, first joined the Suns for the 2019/20 season after four years in Charlotte. He signed with Sacramento during the 2020 offseason, but was released by the Kings at the end of the preseason and was claimed off waivers by the Suns, resulting in him spending another season in Phoenix.

Kaminsky appeared in 47 regular season games for the Suns in 2020/21, averaging 6.6 PPG, 4.0 RPG, and 1.7 APG with a shooting line of .471/.365/.617. He wasn’t in the club’s regular playoff rotation, making 10 appearances and logging just 6.8 minutes per contest.

With Dario Saric in danger of missing the entire 2021/22 season due to a torn ACL, there’s a viable path to play regular minutes for Kaminsky. Newcomer JaVale McGee and second-year big man Jalen Smith will be among the other reserves vying for playing time in the frontcourt, but Kaminsky’s ability to space the floor will make him a better fit in certain lineups.

Warriors Sign Moses Moody To Rookie Contract

August 5th, 2021 at 4:35pm CST by JD Shaw

The Warriors have signed swingman Moses Moody to his rookie scale contract, the team announced on social media today.

Moody, 19, averaged 16.8 points and 5.8 rebounds in 33.8 minutes per contest (32 games) as a freshman at the University of Arkansas last season.

Golden State picked Moody with the No. 14 pick in this year’s draft. The Warriors also held the No. 7 pick in the draft, choosing to select G League Ignite player Jonathan Kuminga.

The Warriors dealt with numerous injuries last season and finished with a 39-33 record. Having young pieces such as Kuminga and Moody will be imperative for the future, though the team remains focused on contending with Stephen Curry, Klay Thompson,and other veterans in the present day.

Moody is set to earn $3.56MM next season and $17MM in total on his four-year rookie contract. As we previously relayed, the Warriors signed Kuminga to his rookie scale deal as well. It will pay him $5.46MM next season and $24.85MM in total.

George Hill Signs With Bucks

August 5th, 2021 at 4:32pm CST by Luke Adams

AUGUST 6: Hill’s deal with the Bucks is now official, according to the team (Twitter link).

AUGUST 5: Having cleared waivers, Hill is now on track to sign with the Bucks, according to Charania, who reports (via Twitter) that the guard will sign a two-year, $8MM contract with Milwaukee. That money will come out of the team’s mid-level exception.

Both years of the deal will be guaranteed, tweets Eric Nehm of The Athletic.

AUGUST 3: Veteran point guard George Hill, who was released on Tuesday by the Sixers, intends to rejoin the Bucks after he clears waivers later this week, sources tell Shams Charania of The Athletic (Twitter link).

While it’s still possible that Hill could be claimed on waivers by a team with cap room or a large trade exception, it’s unlikely that any club would want to guarantee his $10MM+ salary, so it’s a safe bet he’ll become a free agent.

Hill played for the Bucks in 2019/20, averaging 9.4 PPG and 3.1 APG with a league-high .460 3PT% in 59 games as the club’s third guard. However, he became expendable when his contract was needed for salary-matching purposes in the Jrue Holiday trade.

Hill, who was sent to Oklahoma City in that Holiday blockbuster, averaged 8.7 PPG and 2.4 APG on .482/.388/.800 shooting in 30 total contests (22.4 MPG) for the Thunder and Sixers this past season.

He didn’t make much of an impact in the postseason for Philadelphia, with just 4.7 PPG and 1.5 APG in 12 playoff games (17.1 MPG). The 76ers opted to waive him before his salary for 2021/22 became fully guaranteed.

The Bucks are now eyeing deals with two veterans who are currently on waivers. A report earlier on Tuesday indicated that Milwaukee is expected to sign Rodney Hood, who was cut today by Toronto.

Cameron Thomas Signs Rookie Contract With Nets

August 5th, 2021 at 3:04pm CST by Luke Adams

Cameron Thomas, the 27th overall pick in this year’s draft, has signed his rookie contract with the Nets, the team announced today in a press release.

While terms weren’t officially disclosed, we can project what Thomas will earn based on the NBA’s rookie scale. If he signed for the maximum allowable amount – as most first-rounders do – the 6’4″ guard will earn a first-year salary of $2.04MM and a four-year total of $10.46MM. The third and fourth years of the deal will be team options.

Thomas, who declared for the draft following his freshman season at LSU, was one of college basketball’s top scorers in 2020/21, averaging 23.0 points per contest in 29 games (34.0 MPG). Although the 19-year-old struggled a little with his shot from the floor (40.6%) and from beyond the three-point line (32.5%), his ability to get to the free throw line (7.6 attempts per game) and make his foul shots (88.2%) was a big plus.

Brooklyn entered draft night last Thursday with four picks and – somewhat surprisingly – kept all of them and agreed to acquire another, drafting five players in total. We should hear more in the coming days about the Nets finalizing deals with some of their other draftees.

Pacers Announce Three Signings

August 5th, 2021 at 2:41pm CST by Luke Adams

The Pacers have officially confirmed three previously-reported signings, announcing today in a press release that they’ve added Duane Washington, Terry Taylor, and Keifer Sykes to their roster. Washington received a two-way deal, while Taylor and Sykes are believed to have signed Exhibit 10 contracts.

Washington, a 6’3″ shooting guard, went undrafted last Thursday out of Ohio State. A second-generation NBA pro, Washington is the son of former journeyman shooting guard Duane Washington Sr. and the nephew of five-time Lakers champion point guard (and current Sparks coach) Derek Fisher. Our full story on his two-way deal is here.

Taylor, a 6’5″ wing, who worked out for more than half the teams in the NBA during the pre-draft process, had a big senior year in 2020/21 for Austin Peay, averaging 21.6 points and 11.1 rebounds in 27 games (37.0 MPG). The full story on his training camp agreement with Indiana is here.

An undrafted free agent out of Green Bay in 2015, Sykes has spent most of the last several seasons playing in international leagues. The 27-year-old point guard participated in this summer’s The Basketball Tournament and hit the game-winning three-point shot on Tuesday night to clinch the title and the $1MM prize for Boeheim’s Army (video link). Our story on his Exhibit 10 deal is here.

Indiana’s roster is now officially at 16 players, with deals for T.J. McConnell, Torrey Craig, and Isaiah Jackson still to be finalized and Cassius Stanley‘s contract situation still to be resolved (he’s a two-way RFA). Teams can carry up to 20 players in the offseason.