Transactions Rumors | Hoops Rumors

JT Thor Agrees To Two-Way Contract With Cavaliers

August 17th, 2024 at 11:39am CST by Tristan Tucker

Former Hornets forward JT Thor is signing a two-way contract with the Cavaliers, Shams Charania of The Athletic reports (Twitter link).

Thor, the 37th overall pick in the 2021 draft, spent the first three years of his career with the Hornets. He didn’t play a major role with Charlotte, but earned a handful of spot starts across his tenure with the franchise. He averaged 3.2 points and 2.1 rebounds in 165 games (11 starts; 12.2 MPG) with the Hornets from 2021-24.

The former Auburn standout earned some first-round buzz in the 2021 draft after a freshman season that saw him average 9.4 points, 5.0 rebounds, 1.4 blocks and 0.8 steals while stretching out to the three-point line as a 6’10” forward. At 21 years old, he still has some untapped potential.

Thor most recently impressed in the Olympics, playing for South Sudan’s national team. He averaged about seven points and five rebounds for South Sudan.

Thor is the first reported two-way signing for the Cavs, giving them two other spots they can choose to fill. They have a two-way qualifying offer out for Emoni Bates, who finished last season on a two-way contract with the team.

Pete Nance and Isaiah Mobley also finished the 2023/24 season on two-way deals with Cleveland but are both unrestricted free agents, free to sign with any team.

Clippers, Kevon Harris Agree To Camp Deal

August 15th, 2024 at 6:46pm CST by Luke Adams

Free agent guard Kevon Harris has agreed to sign a training camp contract with the Clippers, agent Daniel Hazan tells Shams Charania of The Athletic (Twitter link).

According to Charania, Harris will get the opportunity to compete for a regular season roster spot in Los Angeles. However, that could be an uphill battle unless the Clippers trade or waive one of the players projected to be on their 15-man roster. The club is currently carrying 15 players on fully guaranteed contracts, plus Kai Jones on an Exhibit 10 deal.

Harris, 27, appeared in 34 games for the Magic in 2022/23 while on a two-way contract with the team. That deal covered the ’23/24 season as well, though he saw action in just two NBA contests this past year after missing the first half of the season due to a knee issue.

In 27 regular season outings for the Osceola Magic in the G League in ’23/24, Harris averaged 16.4 points, 5.3 rebounds, and 2.4 assists in 28.8 minutes per contest, posting a shooting line of .492/.381/.746. The 6’5″ shooting guard was selected to play in the NBAGL’s Up Next game at All-Star weekend.

The Clippers currently have 18 players officially signed to their offseason roster and have also reportedly reached agreements on training camp deals with Elijah Harkless, RayJ Dennis, and now Harris.

Lakers Sign Kylor Kelley, Quincy Olivari To Exhibit 10 Deals

August 14th, 2024 at 6:26pm CST by Luke Adams

6:26pm: Both moves are official, the Lakers announced (via Twitter).

1:09pm: The Lakers have signed free agents Kylor Kelley and Quincy Olivari to Exhibit 10 contracts, according to reports from Jovan Buha of The Athletic and Trevor Lane of Lakers Nation (Twitter links). Olivari’s agreement with the team was first reported in June, but Lane indicates that it’s official now (Twitter link).

Kelley, who went undrafted out of Oregon State in 2020, has played in the G League and a handful of other non-NBA leagues – including in England and Denmark – since going pro.

The 7’0″ center spent the 2023/24 season with the Maine Celtics, Boston’s affiliate, and earned NBAGL All-Defensive honors after averaging a league-leading 2.9 blocks per game in 29 regular season appearances (22.0 MPG). Kelley, 26, also contributed 7.8 points and 5.7 rebounds per contest.

Olivari, meanwhile, was a two-time All-CUSA honoree during his four seasons at Rice who transferred to Xavier for his final season of NCAA eligibility in 2023/24. The 6’2″ guard posted averages of 19.1 points, 5.6 rebounds, 2.1 assists and 1.4 steals per night last season, with shooting splits of .425/.409/.814.

Olivari played for the Lakers’ Summer League team last month, while Kelley suited up for the Thunder’s Summer League squad.

A player on an Exhibit 10 contract can earn a bonus worth up to $77.5K if he’s waived by his NBA team and then spends at least 60 days with his club’s G League affiliate. Exhibit 10 deals can also be converted to two-way contracts before the start of the regular season.

The Lakers now have 20 players under contract, including 15 on guaranteed standard deals and three on two-way pacts.

Knicks Re-Sign Jacob Toppin To Two-Way Deal

August 14th, 2024 at 2:53pm CST by Luke Adams

Restricted free agent forward Jacob Toppin is back under contract with the Knicks, according to the team, which announced today in a press release (Twitter link) that he has been re-signed to a two-way contract.

New York made Toppin a restricted free agent by issuing him a two-way qualifying offer after he finished the 2023/24 season on a two-way deal with the club. According to Michael Scotto of HoopsHype (Twitter link), the 24-year-old simply accepted that qualifying offer.

The younger brother of former Knicks forward Obi Toppin, Jacob signed a two-way contract with the organization last July after going undrafted out of Kentucky. He spent nearly his entire season with New York. He had his contract converted to a 10-day deal in February, then returned on a new two-way contract after those 10 days were up.

Toppin played sparingly at the NBA level, appearing in just nine games for New York, but he was a key contributor for the Westchester Knicks in the G League, averaging 17.8 points, 7.9 rebounds, and 2.6 assists in 35.1 minutes per game across 42 Showcase Cup and regular season contests. He registered a shooting line of .455/.323/.781.

Toppin also participated in the 2024 dunk contest, though he was eliminated before the final round.

The Knicks have filled all three of their two-way slots, with Toppin joining Ariel Hukporti and Kevin McCullar.

There are now just two restricted free agents left on the market, and both are Cavaliers: Isaac Okoro (standard) and Emoni Bates (two-way).

Trail Blazers Sign Henri Drell To Exhibit 10 Deal

August 14th, 2024 at 11:30am CST by Luke Adams

11:30am: It’s an Exhibit 10 deal for Drell, Sean Highkin of Rose Garden Report confirms (via Twitter).

7:19am: The Trail Blazers have signed free agent forward Henri Drell to a one-year, non-guaranteed training camp contract, according to RealGM’s transaction log.

Drell, 24, is a 6’9″ Estonian wing who spent several years playing overseas before joining the Windy City Bulls in the G League in January 2022. His play for Chicago’s G League affiliate across parts of three seasons eventually earned him a shot at the NBA level — he signed a two-way contract with the Bulls last December and spent the rest of the season with the club, though he logged just 30 total minutes across four NBA appearances.

Drell had his most productive G League season in 2023/24, averaging 14.5 points, 7.9 rebounds, 2.6 assists, and 1.8 steals in 32.6 minutes per game, with a shooting line of .435/.309/.757, across 42 Showcase Cup and regular season outings. However, the Bulls opted not to tender him a qualifying offer in June, so he became an unrestricted free agent, though he did play for Chicago in the Las Vegas Summer League last month.

The Trail Blazers now have 19 players under contract, including 14 on guaranteed standard deals, Dalano Banton and Devonte’ Graham on non-guaranteed contracts, and Justin Minaya and Bryce McGowens on two-way pacts. Yongxi Cui is also expected to sign an Exhibit 10 contract with the club.

It’s unclear if Drell’s deal includes Exhibit 10 language. If it does, he could be a candidate to have his deal converted to a two-way contract before the regular season begins.

Jazz Re-Sign Johnny Juzang To Four-Year Contract

August 13th, 2024 at 7:34am CST by Rory Maher

AUGUST 13: The Jazz have officially re-signed Juzang, according to NBA.com’s transaction log.

JULY 12: The Jazz are re-signing restricted free agent Johnny Juzang to a four-year, $12MM contract, reports Adrian Wojnarowski of ESPN.

A 6’7″ wing who starred in college at UCLA, Juzang went undrafted in 2022 before signing a two-way deal with Utah. He has spent his first two NBA seasons on two-way contracts with the Jazz, appearing in a total of 38 games.

Juzang played in 20 games for the Jazz in 2023/24, averaging 7.2 PPG, 1.8 RPG and 1.2 APG on .464/.416/.714 shooting in 18.6 MPG. Nearly all of those statistics were accumulated in the last month-plus of the season, with Juzang only making three appearances before March 4.

In addition to his NBA minutes, Juzang has been a regular contributor for the Salt Lake City Stars, Utah’s NBA G League affiliate. In 33 Showcase Cup and regular season games for the Stars last season (31.9 MPG), the 23-year-old averaged 20.6 PPG, 4.0 RPG and 2.5 APG on .465/.369/.904 shooting.

Based on the reported terms, it sounds like Juzang will receive more than a minimum-salary contract. The Jazz currently have the most cap room in the NBA, so they can afford to hand out a long-term deal in the hope that Juzang becomes a rotation regular going forward. If that occurs, the contract will look team-friendly; if not, it’s still a relatively modest cap hit.

While the exact details have yet to be confirmed, Juzang’s new deal is unlikely to be guaranteed for all four years.

Jazz Sign Oscar Tshiebwe To Two-Way Contract

August 12th, 2024 at 6:47pm CST by Dana Gauruder

The Jazz have signed forward Oscar Tshiebwe to a two-way contract, according to a team press release. Utah opened up a slot by waiving Taevion Kinsey on Monday, which was confirmed in the press release.

Tshiebwe spent the 2023/24 season on a two-way deal with the Pacers after going undrafted. He appeared in eight NBA games and averaged 3.3 points and 2.0 rebounds in 5.3 minutes per game.

Tshiebwe excelled at the G League level. He was named Rookie of the Year and All-NBA G League First Team after appearing in 23 regular season games (21 starts) for the Indiana Mad Ants and averaging 16.2 points, 16.0 rebounds, and 1.5 assists in 27.2 minutes per contest.

The Pacers had extended a two-way qualifying offer to Tshiebwe, which made him a restricted free agent and gave Indiana the right of first refusal. But all of the Pacers’ two-way slots are filled, so it appears they were willing to let him sign elsewhere.

Tshiebwe played for Indiana’s Summer League squad in Las Vegas last month, averaging 11.6 points and 8.6 rebounds in five games.

Tshiebwe was the unanimous National Player of the Year and Southeastern Conference Player of the Year for Kentucky as a junior in 2021/22. As a senior in 2022/23, he was a unanimous Second-Team All-America selection and led the nation in rebounding for a second straight season.

Jazz Waive Two-Way Player Taevion Kinsey

August 12th, 2024 at 4:46pm CST by Dana Gauruder

The Jazz are waiving two-way player Taevion Kinsey, Michael Scotto of HoopsHype tweets. A Jazz press release has confirmed that the move is official.

It’s a tough break for Kinsey, who signed his two-year, two-way deal in early July. Utah had all three of its two-way spots filled, so it now creates an opening to sign another player.

The Jazz’s front office has been busy in recent days. The team officially signed second-round rookie Kyle Filipowski and inked Svi Mykhailiuk to a four-year deal. Terms of Filipowski’s contract haven’t been revealed but he’ll be on a standard deal. Jason Preston and Micah Potter hold the other two-way slots.

Kinsey, 24, went undrafted in 2023 after playing five college seasons at Marshall. As a “super senior” for the Thundering Herd in 2022/23, he averaged 22.1 PPG, 5.4 APG, 4.9 RPG and 1.7 SPG on .542/.404/.744 shooting in 32 games (37.8 MPG), earning Sun Belt Player of the Year for his efforts.

A 6’5″ wing, Kinsey signed a training camp deal with Utah last summer and was waived in October before the ’23/24 season began. He wound up signing a 10-day contract with the Jazz in March, but he didn’t appear in a game.

Kinsey spent the majority of his first pro season playing for the Jazz’s NBA G League affiliate, the Salt Lake City Stars. In 50 Showcase Cup and regular season games with the Stars (29.6 MPG), he averaged 10.8 PPG, 3.2 RPG and 2.1 APG while posting a strong shooting line of .555/.427/.780.

Jazz Sign Kyle Filipowski

August 12th, 2024 at 11:32am CST by Luke Adams

The Jazz have signed second-round pick Kyle Filipowski to his first NBA contract, the team announced today in a press release.

Filipowski, a 7’0″ forward/center, declared for the draft this spring as an early entrant after averaging 16.4 points, 8.3 rebounds, 2.8 assists, and 1.5 blocks in 30.4 minutes per game across 36 starts in his sophomore year at Duke.

He posted a shooting line of .505/.348/.671 in his final college season for the Blue Devils and was a consensus second-team All-American.

Although he was invited to the green room for the first night of the 2024 draft, Filipowski fell out of the first round and was selected by Utah with the 32nd overall pick on day two. He impressed last month at the Las Vegas Summer League, averaging 16.4 PPG, 6.8 RPG, and 2.4 APG in five games (25.3 MPG).

While Filipowski’s contract details aren’t yet known, the Jazz’s announcement indicates he received a standard contract rather than a two-way deal, which was expected. Given his draft slot, a three- or four-year deal with at least a couple guaranteed seasons seems likely.

Filipowski was one of the last 2024 draftees to officially sign a contract, as the Jazz looked to maximize their cap room well into the offseason in case trade opportunities arose. They’ve been in the process of using up that cap space in recent days, renegotiating and extending Lauri Markkanen‘s contract, then officially signing Drew Eubanks and Svi Mykhailiuk.

Utah now has 13 players on standard contracts, with Johnny Juzang‘s reported four-year contract still to be finalized. The team has also filled all three of its two-way slots, so its roster could be almost ready for the regular season.

Jazz Sign Svi Mykhailiuk To Four-Year Deal

August 12th, 2024 at 6:37am CST by Rory Maher

AUGUST 12: The Jazz officially signed Mykhailiuk over the weekend, per NBA.com’s transaction log.

AUGUST 9: The Jazz plan to sign free agent swingman Svi Mykhailiuk to a four-year, $15MM contract, agent Michael Lelchitski tells Adrian Wojnarowski of ESPN (Twitter link).

A 27-year-old from Ukraine, Mykhailiuk was the No. 47 overall pick of the 2018 draft after playing four years of college ball at Kansas. He has bounced around the NBA over the course of his six seasons, playing for the Lakers, Pistons, Thunder, Raptors, Knicks and Hornets. He spent the 2023/24 campaign with the Celtics, winning an NBA championship as a role player.

In 41 appearances with Boston last season, Mykhailiuk averaged 4.0 PPG and 1.2 RPG while shooting 38.9% from three-point range (10.1 MPG). In 293 career regular season games, including 56 starts (15.8 MPG), Mykhailiuk has averaged 6.3 PPG, 1.7 RPG and 1.3 APG while shooting 36.3% from deep.

Based on the reported terms, Mykhailiuk may have received more than the veteran’s minimum, which would have been worth about $12.3MM over four years for a player with six years of experience. If that’s the case, the Jazz will have to use a portion of their cap room to complete the transaction.

While Mykhailiuk is signing a four-year deal, I’d be a little surprised if more than one year is fully guaranteed, given his previous team history. Still, he could be given a real opportunity to earn minutes with Utah, which only has 10 players on guaranteed standard contracts, plus the reported but not yet official deals for Drew Eubanks and Johnny Juzang. The Jazz also have an unsigned draft pick, former Duke big man Kyle Filipowski, who was selected 32nd overall in June.