Transactions Rumors | Hoops Rumors

Yuri Collins Returning To Warriors On Training Camp Contract

September 14th, 2024 at 7:00pm CST by Arthur Hill

The Warriors have signed point guard Yuri Collins to a deal for training camp, a source tells Keith Smith of Spotrac (Twitter link).

Collins was also in camp with Golden State last fall, but he was waived before the start of the season. He played for the team’s G League affiliate in Santa Cruz, averaging 3.5 points, 1.8 rebounds and 3.8 assists in 16 games as a reserve.

Collins was also part of the Warriors’ Summer League team in July, appearing in six total games between the California Classic and the Las Vegas Summer League.

Collins, 23, got an opportunity with Golden State after going undrafted out of St. Louis in 2023. He signed an Exhibit 10 contract and will likely get a similar deal this time, making him eligible for a $77.5K bonus if he spends at least 60 days with Santa Cruz.

Collins’ signing will bring the Warriors to 19 players on their offseason roster, two short of the limit for training camp.

Landry Shamet Signs Exhibit 9 Deal With Knicks

September 14th, 2024 at 3:18pm CST by Tristan Tucker

3:18pm: Shamet signed a non-guaranteed Exhibit 9 contract with New York, the team announced (via Twitter).

9:29am: Free agent guard Landry Shamet agreed to a one-year contract with the Knicks, according to ESPN’s Adrian Wojnarowski (Twitter link).

It’s unclear exactly what type of deal Shamet is signing with the Knicks, but I’d be somewhat surprised if it was fully guaranteed. New York signed Chuma Okeke to a non-guaranteed one-year deal earlier this season. Shamet, Okeke and perhaps other players seem poised to battle it out for New York’s final standard spot on the 15-man roster.

Shamet, 27, has spent time with the Sixers, Clippers, Nets, Suns and Wizards in six NBA seasons. He holds 348 games of NBA experience after being the 26th overall pick by Philadelphia in 2018.

The Wichita State product is a career 38.4% three-point shooter, averaging 4.9 attempts per game. He also holds averages of 8.7 points and 1.7 rebounds per contest, with 97 career starts under his belt.

Shamet has been involved in several blockbuster trades throughout his career. In his rookie season, he was part of the trade that brought Tobias Harris to Philadelphia. In the following year, he was moved in a three-team deal involving Bruce Brown. Then, in 2023, he was part of the trade that sent Bradley Beal from Washington to Phoenix.

The Knicks have 14 players on standard guaranteed deals. Kevin McCullar, Ariel Hukporti and Jacob Toppin hold two-way deals while Okeke and Alex O’Connell are on training camp deals. Shamet seems likely to be part of that latter group.

Celtics Sign, Waive Jordan Schakel

September 13th, 2024 at 8:31pm CST by Luke Adams

SEPTEMBER 13: The Celtics have waived Schakel, according to NBA’s official transaction log. Schakel’s Exhibit 10 deal includes a $77.5K bonus, which he’ll earn by spending at least 60 days with Maine.

SEPTEMBER 11: The Celtics have signed free agent swingman Jordan Schakel to an Exhibit 10 contract, sources tell Bobby Manning of CelticsBlog.

The move gives Boston a full 21-man offseason roster, with 14 players on standard contracts, three on two-way deals, and four on Exhibit 10 pacts.

A former San Diego State standout, Schakel has spent most of the past three seasons playing in the G League since going undrafted in 2021. He also had brief stints in the NBA with the Wizards in 2021/22 and ’22/23, appearing in six games for Washington during that time, and spent part of this summer playing in Puerto Rico for Leones de Ponce.

Before a knee injury prematurely ended his season, Schakel played for the Maine Celtics in ’23/24, averaging 13.0 points, 5.2 rebounds, and 1.2 assists in 28.1 minutes per game across 24 outings, with a shooting line of .417/.402/.826.

Although the Celtics’ roster is full for the time being, they’ll likely continue to make tweaks before training camp begins next month. Manning notes that the team is expected to sign Jay Scrubb to an Exhibit 10 contract once he fully recovers from ACL surgery.

Players on Exhibit 10 deals who are waived before the season begins are eligible to earn bonuses worth up to $77.5K if they spend at least 60 days with their team’s G League affiliate. That’s likely the plan for Schakel, who figures to return to Maine this fall.

Bucks Sign, Waive Ibou Badji

September 13th, 2024 at 8:28pm CST by Luke Adams

8:28pm: The Bucks officially signed Badji, per RealGM’s transaction log, and waived him, according to the transaction log at NBA.com.

As expected, it was an Exhibit 10 deal, Hoops Rumors can confirm, so Badji is on track to report to the Wisconsin Herd and earn a $77.5K bonus.

11:00am: The Bucks and free agent big man Ibou Badji have agreed to a contract, league sources tell Michael Scotto of HoopsHype (Twitter link).

While Scotto doesn’t specify what kind of deal Badji is signing, it will almost certainly be a non-guaranteed Exhibit 10 pact. Exhibit 10 contracts don’t count against the cap and be converted to two-way deals before opening night. They also put a player in line to receive a bonus worth up to $77.5K if he’s waived by his NBA team and then spends at least 60 days with the team’s G League affiliate.

Badji, who will turn 22 next month, went undrafted in 2022 and signed with the Bucks shortly thereafter. He was waived by Milwaukee ahead of the 2022/23 season and joined the Wisconsin Herd in the G League before being snatched up by the Trail Blazers that November, agreeing to a two-way contract with the club.

Badji subsequently spent most of the past two seasons on separate two-way deals with Portland, eventually making his NBA debut in December 2023 and appearing in 22 games last season for the Blazers. He averaged 1.5 points, 2.3 rebounds, and 0.9 blocks in 10.3 minutes per contest.

In 19 total G League games last season for the Herd and the Rip City Remix, Badji posted averages of 4.5 PPG, 3.5 RPG, and 2.7 BPG in 18.9 MPG.

The Bucks/Herd still hold Badji’s returning rights, so it appears the plan is for him to return to Milwaukee’s G League affiliate to start the 2024/25 season. The signing will give the Bucks a full 21-man offseason roster.

Trail Blazers Sign Taze Moore To Two-Way Deal

September 13th, 2024 at 2:52pm CST by Rory Maher

2:52pm: Moore’s two-way deal is official, the Blazers announced in a press release.

12:41pm: The Trail Blazers plan to sign free agent guard Taze Moore to a two-way contract, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

Moore, who went undrafted in 2022, spent his first professional season with the G League’s Dallas Legends after signing an Exhibit 10 deal with the Mavericks and being waived before 2022/23 began. Last season, he again spent most of the campaign in the NBAGL, splitting time between the Legends and the Rip City Remix, Portland’s affiliate.

The Blazers signed Moore to a 10-day contract in late January, though he only played a total of about 10 minutes over three appearances. In April, they brought him back on a 10-day hardship deal for the final day of the ’23/24 regular season, when he put up 12 points, eight rebounds, four assists and a steal in 30 minutes during a blowout loss to Sacramento.

In 22 regular season games with the Remix in ’23/24 (30.7 minutes per contest), Moore averaged 15.6 points, 5.1 rebounds, 7.2 assists and 1.4 steals on .498/.351/.733 shooting.

Known for his explosive athleticism, Moore joined the Vancouver Bandits in the Canadian Elite Basketball League after the NBA’s regular season concluded. The 26-year-old won MVP of the 10-team CEBL, according to Sean Highkin of Rose Garden Report, who notes that Moore recently participated in some exhibition games with G League United as well.

Back in 2022, Chris Baldwin of PaperCity Magazine wrote an interesting story about Moore, who was unable to play basketball for nearly two full years due to a major leg injury, which required five surgeries. The left-handed guard spent most of his college career at Cal State Bakersfield before transferring to Houston for the ’21/22 season.

As our tracker shows, Moore will fill Portland’s third and final two-way slot, joining Justin Minaya and Bryce McGowens. The Blazers will have 20 players under contract once the deal is official, one shy of the offseason limit.

Suns, Mamadi Diakite Agree To Exhibit 10 Contract

September 13th, 2024 at 1:54pm CST by Rory Maher

The Suns are signing free agent big man Mamadi Diakite to an Exhibit 10 contract, sources tell Michael Scotto of HoopsHype (Twitter link).

While it’s possible that Diakite could impress Phoenix during training camp and earn a spot on the team’s standard roster, it seems more likely the move was designed for him to open the season in the NBA G League. The Suns currently have 14 players on guaranteed standard contracts, but they’re well over the second luxury tax apron — adding a 15th standard deal would be very expensive and inhibit roster flexibility.

Earlier on Friday, the Valley Suns, Phoenix’s new NBAGL affiliate, announced that they had acquired Diakite’s returning player rights from the Westchester Knicks (New York’s affiliate) in exchange for the returning player rights to Theo Maledon and Trevion Williams (Twitter link).

If Diakite is waived before the 2024/25 season begins, he’ll be eligible for a bonus worth up to $77.5K (on top of his regular NBAGL salary) if he spends at least 60 days with the Valley Suns. As a four-year veteran, he is no longer eligible for a two-way contract.

A 6’9″ forward/center who played his college ball at Virginia, Diakite has appeared in a total of 55 regular season games for the Bucks, Thunder, Cavaliers, Spurs, and Knicks since making his NBA debut in 2021. He holds career averages of 3.1 points and 2.3 rebounds in 9.6 minutes per contest.

Diakite, 27, finished last season with the Knicks, then was traded to Brooklyn in the Mikal Bridges blockbuster in July. He was flipped from the Nets to the Grizzlies in a subsequent deal that sent Ziaire Williams to Brooklyn and allowed Memphis to re-sign Luke Kennard while staying out of luxury tax territory.

The Grizzlies wound up waiving Diakite last month, using the stretch provision to spread his $1,392,150 partial guarantee over the next three seasons ($464,050 annually through 2026/27).

As Scotto observes, Diakite won a title with Milwaukee in 2021. At the time, the Bucks were led by Mike Budenholzer, who is now Phoenix’s head coach.

Heat Waive Bryson Warren, Malik Williams

September 12th, 2024 at 12:43pm CST by Rory Maher

The Heat have waived Bryson Warren and Malik Williams, the team announced (via Twitter). Both players were signed to Exhibit 10 contracts on Wednesday.

As Barry Jackson of The Miami Herald points out (Twitter link), the moves were procedural, as both players are expected to spend the upcoming season with the Sioux Falls Skyforce, Miami’s NBA G League affiliate. If they spend at least 60 days with the Skyforce, each player could earn a bonus worth up to $77.5K on top of their regular NBAGL salary.

Warren, a 6’3″ guard, spent all of last season with Sioux Falls, averaging 6.9 PPG and 1.8 APG on .376/.325/.800 shooting in 27 total games (17.4 MPG). The 19-year-old turned pro early, previously playing in the Overtime Elite league, but technically didn’t declare for the NBA draft until this year, when he went undrafted.

Williams, a 6’11” center, spent most of last season with Sioux Falls before receiving a 10-day contract and a rest-of-season deal from Toronto at the end of ’23/24. Overall, the 26-year-old big man played in 42 games with the Skyforce and seven with the Raptors. He went undrafted out of Louisville in 2022 and spent his first pro season in Poland.

The Heat are back down to 19 players under contract, two shy of the offseason maximum.

Magic Sign Jarrett Culver, Two Others To Exhibit 10 Deals

September 11th, 2024 at 7:34pm CST by Alex Kirschenbaum

7:43pm: The Magic have confirmed the new signings in a press statement (Twitter link).

7:34pm: Free agent journeyman guard Jarrett Culver has agreed to a deal with the Magic, his agents BJ Bass and Cam Brennick inform Michael Scotto of HoopsHype (Twitter link).

Jason Beede of The Orlando Sentinel reports (via Twitter) that Culver’s contract will include Exhibit 10 language and reveals that free agent forwards Tre Scott and Jalen Slawson are also signing Exhibit 10 training camp deals.

The Suns selected Culver, a 6’6″ shooting guard/small forward out of Texas Tech, with the No. 6 pick in the 2019 draft and sent him to the Timberwolves in a draft-night deal. The 25-year-old has since also suited up for the Grizzlies and Hawks. Across 144 regular season NBA contests (43 starts), Culver has averaged 6.5 points on .401/.276/.509 shooting splits. He also registered averages of 2.8 rebounds, 1.2 assists and 0.7 steals per game.

Scott, 27, has mostly suited up for G League affiliate teams since going undrafted out of Cincinnati in 2020. All told, he has appeared on one 10-day hardship deal with the Cavaliers during the 2021/22 season, earning minutes in a pair of NBA games.

The 24-year-old Slawson was drafted by the Kings out of Furman with the No. 54 pick in 2023. Sacramento inked the 6’7″ wing to a two-way contract. He played in 12 games for the Kings during the 2023/24 season, averaging a scant 3.1 minutes per contest.

Orlando has a tandem of two-way contract slots available heading into training camp. According to Beede, Scott and Slawson will now compete against previously-announced signings Myron Gardner and Mac McClung for those two openings. As Beede tweets, Culver will be ineligible to compete for a two-way deal because he has too many NBA years of service.

Exhibit 10 deals can be converted into two-way agreements ahead of an NBA season. If, however, a player is waived by a team, they’ll still have access to a bonus worth as much as $77.5K — provided they spend at least 60 days with their club’s G League affiliate.

Nuggets Sign Jamal Murray To Four-Year Max Extension

September 11th, 2024 at 6:30pm CST by Luke Adams

SEPTEMBER 11: Murray’s extension is official, the Nuggets confirmed in a press release.

SEPTEMBER 7: The Nuggets and star guard Jamal Murray have reached an agreement on a four-year, maximum-salary contract extension that will begin in 2025/26, agents Jeff Schwartz and Mike George tell Adrian Wojnarowski of ESPN.

Assuming the salary cap increases by the maximum allowable 10% next summer, as projected, Murray’s four-year deal will be worth $207,845,568. Taking into account his $36,016,200 salary for the ’24/25 season, the 27-year-old is now on track to earn just shy of $244MM over the next five seasons.

Murray is considered perhaps the most accomplished active player not to have made an All-Star team. He holds career averages of 17.5 points, 4.5 assists, and 3.7 rebounds in 30.7 minutes per game, with a .452/.380/.867 shooting line across 469 total appearances for the Nuggets, who drafted him with the seventh overall pick in 2016.

Murray has been even better (24.2 PPG, 6.2 APG, 4.9 RPG, .459/.389/.911 shooting) in 65 postseason contests and played a key role in helping Denver win the 2023 championship.

Last season, he matched his career high with 21.2 PPG. His 6.5 APG and .425 3PT% were also career bests, though he was limited to 59 games due to health issues.

Word broke in late June that Murray and the Nuggets were expected to finalize a four-year max extension. When more than two months passed without a deal, there was speculation that Denver may be rethinking that $52MM-per-year investment, especially after the veteran guard struggled in the 2024 postseason and at the Paris Olympics as a member of the Canadian national team.

However, it seems the Nuggets’ commitment to Murray hasn’t wavered. His new contract will make him one of the NBA’s highest-paid guards and will run through the 2028/29 season.

Murray, superstar center Nikola Jokic, and forward Michael Porter Jr. will earn a combined $140MM for Denver in 2025/26, with that total increasing to roughly $150MM in ’26/27. Jokic and Porter are each eligible to reach unrestricted free agency in 2027 (Jokic holds a ’27/28 player option).

The Nuggets’ roster may get even more expensive if the team is able to work out a new contract with its other starting forward, Aaron Gordon. Gordon will earn $22.8MM in 2024/25 and holds a player option worth the same amount for ’25/26. He’ll become extension-eligible later this month and would be able to negotiate a new deal at any time this season.

Markieff Morris Re-Signs With Mavericks

September 11th, 2024 at 5:14pm CST by Arthur Hill

SEPTEMBER 11: The agreement is now official, the Mavericks have announced. It’s a one-year, non-guaranteed deal for Morris, per Michael Scotto of HoopsHype (Twitter link).

The deal includes an Exhibit 9 clause for Morris, who gave up his right to veto a trade as part of the agreement, Hoops Rumors has learned.

SEPTEMBER 7: Markieff Morris has reached an agreement to return to the Mavericks, sources tell Shams Charania of The Athletic (Twitter link). The deal was confirmed by Morris’ agent, Yony Noy of LAA Partners, Charania adds (Twitter link).

Even though he didn’t see much playing time, the 35-year-old power forward was a strong veteran leader for Dallas during its run to the NBA Finals. Morris appeared in 26 games during the regular season and averaged 2.5 points and 1.5 rebounds in 8.3 minutes per night. He was only used in one postseason game.

Re-signing Morris was an offseason priority for the Mavs, Charania states. They currently have 14 players with fully guaranteed contracts, along with A.J. Lawson, whose $2.1MM salary for this season is non-guaranteed until the league-wide guarantee date of January 10.

Dallas will be at the limit of 21 players for training camp once Morris’ new deal is finalized.

This will be the 14th NBA season for Morris, who was selected by the Suns with the 13th pick in the 2011 draft. After four and a half seasons in Phoenix and three years in Washington, Morris has become somewhat of a journeyman, spending time with six teams in the past five years.

He came to the Mavericks from Brooklyn at the 2023 deadline as part of the trade that sent Kyrie Irving to Dallas. He was also a free agent last summer and signed a one-year deal in September.