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Jamal Murray Expected To Agree To Four-Year Max Extension

June 27th, 2024 at 2:54pm CST by Dana Gauruder

The Nuggets and point guard Jamal Murray are making progress toward a four-year, $208.45MM maximum contract extension this offseason, Shams Charania of The Athletic reports (Twitter link). The Nuggets will present the offer to Murray and both sides expect an agreement.

Murray is entering the final season of a five-year, $182.8MM contract. He’s due to make $36MM in 2024/25

Under the terms of the extension, Murray would make approximately $46.53MM in 2025/26, $50.25MM in 2026/27, $53.97MM in 2027/28 and $57.7MM in 2028/29, according to cap expert Yossi Gozlan. He could’ve added a fifth year worth $61.4MM if he re-signed as a free agent in 2025, according to Gozlan, but Murray has apparently chosen to lock into the long-term security now (Twitter link).

These salary estimates are based on a $141MM cap in 2024/25, then a 10% increase in 2025/26.

Murray won a championship with the Nuggets in 2023 and is generally considered the best active player never to be selected as an All-Star. During the title run, Murray averaged 26.1 points, 5.7 rebounds and 7.1 assists in 20 games.

Injuries limited him to 59 regular-season games this past season, when he averaged 21.2 points, 4.1 rebounds and a career-best 6.5 assists. In Denver’s 12 postseason games, he averaged 20.6 points, 4.3 rebounds and 5.6 assists.

He’s a career 45.2% shooter, including 38% from beyond the 3-point line. A 2016 lottery pick, Murray is still just 27 years old.

Kentavious Caldwell-Pope To Decline Option, Become Free Agent

June 27th, 2024 at 2:53pm CST by Luke Adams

Kentavious Caldwell-Pope has decided to decline his $15.4MM player option with the Nuggets for the 2024/25 season, according to Shams Charania and Tony Jones of The Athletic, who report (via Twitter) that the veteran wing will become an unrestricted free agent.

The decision doesn’t necessarily mean Caldwell-Pope won’t return to Denver, but the Nuggets figure to face plenty of competition for the three-and-D specialist. Multiple teams with cap room are expected to pursue him, per Charania and Jones.

Caldwell-Pope, 31, played an important role on the Lakers team that won a title in 2020 and the Nuggets squad that won the 2023 championship. He has knocked down 40.3% of his three-point attempts over the last five seasons and is a strong perimeter defender.

While Denver would obviously like to bring back its starting shooting guard, a strong offer for Caldwell-Pope would likely push the team’s salary above the restrictive second tax apron. Speaking to reporters on Wednesday, Nuggets general manager Calvin Booth expressed a desire to re-sign Caldwell-Pope but suggested that the team has contingency plans prepared – including potentially sliding Christian Braun into the starting five – in the event that KCP leaves.

“I think we have to look at everything, and the nature of free agency is, he’s unrestricted,” Booth said. “So we can try to bring him back, and if he doesn’t want to come back or opts to go somewhere else, that’s his prerogative. So we’ll have to work with that. But I think we’re prepared to plug and play, so to speak.”

The Sixers and Magic are among the cap-room teams who have been mentioned as possible suitors for Caldwell-Pope, the No. 11 free agent on our top-50 list.

Suns’ Eric Gordon To Opt For Free Agency

June 27th, 2024 at 1:41pm CST by Luke Adams

Suns veteran wing Eric Gordon will turn down his $3.36MM player option for the 2024/25 season and become an unrestricted free agent, reports Shams Charania of The Athletic (Twitter link).

While a recent report from The Athletic had indicated that Gordon was “50-50” on his player option decision, plugged-in local reporter John Gambadoro of Arizona Sports 98.7 subsequently stated that he didn’t expect the 35-year-old to be back in Phoenix next season. According to Charania, multiple contenders are expected to pursue Gordon.

Gordon is no longer the 20+ PPG scorer that he was earlier in his career, but the 16-year veteran has remained a reliable rotation piece for contending teams in recent years. After accepting a minimum-salary contract to join the Suns last summer, he averaged 11.0 points, 2.0 assists, and 1.8 rebounds in 27.8 minutes per game, with a shooting line of .443/.378/.797.

During his foray into free agency in 2023, Gordon prioritized the ability to play a significant role for a contending team over seeking out the most lucrative offer, since he almost certainly could’ve earned more than the veteran’s minimum from another club. We’ll see if his priorities remain the same this summer.

Gordon is one of four Suns who had a player option decision to make by June 29 and will join Drew Eubanks among those who are opting out. Josh Okogie‘s and Damion Lee‘s decisions have yet to be reported.

Warriors To Acquire Lindy Waters From Thunder For 52nd Pick

June 27th, 2024 at 1:05pm CST by Arthur Hill

The Thunder will send Lindy Waters to the Warriors in exchange for the 52nd pick in today’s draft, sources tell Jake Fischer of Yahoo Sports (Twitter link).

Oklahoma City holds a $2.2MM non-guaranteed team option on Waters that must be exercised before the deal can be completed. Golden State views Waters as a potential rotation player and plans to guarantee his salary, keeping him on the roster, tweets Anthony Slater of The Athletic.

The 26-year-old shooting guard spent the past three years with OKC, mostly on two-way contracts before receiving a standard deal in February. He appeared in 38 games this season, averaging 3.6 points and 1.1 rebounds per game in 7.4 minutes per night.

The Thunder don’t have any other second-round picks, and there’s a belief that they might want to trade up even further, Fischer adds (Twitter link). Oklahoma City traded into the late first round Wednesday night, acquiring the 26th pick from New York to draft Dillon Jones.

OKC could be targeting San Francisco forward/center Jonathan Mogbo in the second round, speculates Rylan Stiles of Inside the Thunder. The team needs to find a replacement for two-way big man Olivier Sarr, who is expected to miss all of next season after suffering an Achilles injury in the G League Finals.

Wolves Trading Wendell Moore Jr. To Pistons In Pick Swap

June 27th, 2024 at 12:20pm CST by Arthur Hill

The Pistons will acquire shooting guard Wendell Moore Jr. and the 37th pick in today’s draft from the Timberwolves, according to Shams Charania of The Athletic (Twitter link). Minnesota will receive the 53rd selection in return.

The trade serves as a slight salary dump for the Wolves, who unload Moore’s $2.5MM contract for next season and will likely fill that roster spot with a minimum-salary player. Minnesota picked up the third-year option on Moore last October.

Moore, 22, was drafted by Dallas with the 26th pick in the 2022 draft and was shipped to Houston and then Minnesota in a pair of draft-day trades. He has seen limited playing time at the NBA level, appearing in 54 total games, including 25 this past season when he averaged just 3.0 minutes per night.

The Pistons will move up 16 spots in the second round, putting them in position to grab a player ranked higher on their board without sacrificing much of their projected cap room. They’re still on track to create over $60MM in room once the new league year begins.

Detroit will have until the end of October to decide whether or not to exercise the $4.57MM option on Moore’s contract for the 2025/26 season. Turning down that option would put him on track for unrestricted free agency next summer, while picking it up would set him up for possible restricted free agency in 2026.

This is the first reported deal on what is expected to be an active day of trading as the NBA draft has expanded to two days for the first time.

Thunder Acquire No. 26 Pick Dillon Jones From Knicks

June 27th, 2024 at 8:04am CST by Alex Kirschenbaum

JUNE 27: The trade is now official, the Knicks confirmed (via Twitter).

JUNE 26: The Thunder have agreed to acquire the No. 26 pick from the Knicks and are using it to draft Weber State’s Dillon Jones, according to reports from ESPN’s Adrian Wojnarowski and Shams Charania of The Athletic (Twitter links).

Oklahoma City will trade five second-round picks to New York in exchange for Jones’ rights at No. 26, per Charania (Twitter link). The five second-rounders are as follows, per Jake Fischer of Yahoo Sports (Twitter links):

Either the Celtics’ or Grizzlies’ 2025 second-round pick (whichever is more favorable).
The Warriors’ 2026 second-round pick.
The Timberwolves’ 2027 second-round pick.
Either the Thunder’s, Rockets’, Heat’s, or Pacers’ 2027 second-round pick (whichever is second-most favorable).
Either the Thunder’s, Rockets’, Heat’s, or Pacers’ 2027 second-round pick (whichever is third-most favorable).

Adding Jones at No. 26 is a surprise move from Thunder team president Sam Presti. As The Oklahoman’s Joel Lorenzi tweets, Jones – who was not invited to the green room – was ranked 50th on ESPN’s big board and 65th by The Athletic.

However, the three-time All-Big Sky honoree had a big senior season in his final year with the Wildcats in 2023/24, averaging 20.8 points, 9.8 boards, 5.2 dimes, and 2.0 steals per game across 31 starts (37.0 MPG), with a shooting line of .489/.324/.857.

The move will allow the Knicks to replenish their future draft assets to some extent after the Nets ransacked their stash in the Mikal Bridges trade. It should also save New York some money and create additional flexibility below the tax aprons, since the cap hold for the No. 26 would have been about $2.63MM. The Knicks could instead use that roster spot on a minimum-salary player.

Luke Adams contributed to this report.

Knicks Trade No. 24 Pick Kyshawn George To Wizards

June 27th, 2024 at 8:02am CST by Luke Adams

JUNE 27: The Knicks have officially confirmed (via Twitter) that their deal with the Wizards has been finalized.

JUNE 26: The Wizards have agreed to acquire the No. 24 overall pick from the Knicks and are using it to draft Miami guard Kyshawn George, reports ESPN’s Adrian Wojnarowski (Twitter links).

According to Shams Charania of The Athletic (Twitter link), Washington is giving up the 26th and 51th overall selections in exchange for George’s rights.

The Knicks had controlled both the No. 24 and No. 25 picks, so the Wizards presumably felt as if New York would use one of those selections to nab George, or that another team would move up ahead of them for the former Hurricane.

In his freshman season at Miami, George averaged 7.6 points, 3.0 rebounds, and 2.2 assists in 23.0 minutes per game, with a shooting line of .426/.408/.778. The Wizards will make the freshman wing their third draft pick of the night — he joins No. 2 pick Alexandre Sarr and No. 14 pick Carlton Carrington on the retooling squad, which is going all-in on player development and building through the draft.

The Knicks, meanwhile, essentially agreed to push their consecutive first-round picks by one spot – they now control the 25th and 26th picks instead of Nos. 24 and 25 – and acquired an extra second-round selection for their trouble.

They’ll reportedly flip that No. 26 pick to the Thunder in exchange for five future second-round picks.

Timberwolves Acquire No. 8 Pick Rob Dillingham From Spurs

June 26th, 2024 at 11:17pm CST by Luke Adams

11:17pm: The deal is official, the Spurs announced in a press release.

8:04pm: The Spurs used the No. 8 pick in tonight’s draft on Kentucky guard Rob Dillingham, but he won’t begin his NBA career in San Antonio, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that the Timberwolves are acquiring Dillingham’s rights from the Spurs.

According to Wojnarowski (via Twitter), San Antonio is receiving Minnesota’s unprotected 2031 first-round pick and a 2030 pick swap in the deal. The ’30 swap will be top-one protected, tweets Shams Charania of The Athletic.

Neither of the Wolves’ 2024 picks (No. 27 and No. 37) are involved in the trade, confirms Jake Fischer of Yahoo Sports (Twitter link).

Minnesota’s ability to make roster moves this offseason will be extremely limited due to the fact that team salary will be above the second tax apron. That means the Wolves won’t be able to aggregate players in trades, take back more salary than they send out in trades, or sign outside free agents to contracts worth more than the minimum.

However, the second apron doesn’t prohibit them from acquiring a player’s draft rights, which don’t count as incoming salary for trade purposes as long as the player has not yet signed his rookie contract. That means they’ll be able to trade for Dillingham without sending out any players.

In his first and only college season with the Wildcats, Dillingham averaged 15.2 points, 3.9 assists, and 2.9 rebounds in 23.3 minutes per game, posting an impressive shooting line of .475/.444/.796

Despite the Wolves’ ongoing ownership dispute, it appears management has been given the go-ahead to keep adding pieces. The addition of Dillingham, who projects to earn about $6.28MM as a rookie, will increase the club’s projected tax bill to approximately $100MM, according to cap expert Yossi Gozlan (Twitter link). Bobby Marks of ESPN (Twitter link) estimates Minnesota’s projected tax bill at $84MM, but that number is fluid depending on how the club fills out its roster.

As for the Spurs, after adding Stephon Castle with the No. 4 pick, they clearly weren’t in love with any of the prospects available to them at No. 8, opting instead to continue adding to their stockpile of future draft picks by acquiring a pair of assets far down the road with little to no protection.

Clearing the $6.28MM cap hold for the No. 8 pick from their books will put the Spurs in position to create additional cap room this summer.

Nuggets Acquire No. 22 Pick DaRon Holmes

June 26th, 2024 at 11:05pm CST by Alex Kirschenbaum

11:05pm: The trade is official, the Suns announced in a press release, confirming the terms outlined below. Phoenix used the No. 28 pick to select Virginia’s Ryan Dunn.

Speaking on Wednesday night to reporters, Nuggets general manager Calvin Booth said the team views Holmes as a four (rather than a five) going forward, adding that the team didn’t necessarily make a promise to draft him but certainly targeted him (Twitter links via Vinny Benedetto of The Denver Gazette and Bennett Durando of The Denver Post).

“Once we got into the 20s and there was a chance to get him, we wanted to go get our guy, essentially,” Booth said.

The Knicks (initially at 24 and 25) and the Timberwolves (at 27) were considered teams that might be eyeing Holmes, compelling Denver to move up, according to Harrison Wind of DNVR Sports and Durando (Twitter links).

9:28pm: The Nuggets and Suns have agreed to a trade that will allow Denver to move up from No. 28 to No. 22 to select Dayton forward DaRon Holmes, reports Shams Charania of The Athletic (Twitter links).

According to Charania, in addition to the 28th pick, Phoenix is receiving the No. 56 pick in this draft and two future second-round picks from Denver. Those future second-rounders are the Nuggets’ own picks in 2026 and 2031, per Jake Fischer of Yahoo Sports (Twitter link).

The 6’10” forward was a three-time All-A10 honoree and a consensus All-American selection during his tenure with Dayton. During his final collegiate season in 2023/24, he averaged 20.4 points on .544/.386/.713 shooting splits, plus 8.5 rebounds, 2.6 assists, 2.1 blocks and 0.9 steals per night.

Last week, ESPN’s Jonathan Givony indicated that teams had been operating as if Denver had promised to select Holmes in the draft. Some recent reports denied that any promise had been made, but it certainly appears now that the 2023 champions had their eye on Holmes.

With the deal, the Suns are able to replenish their war chest of second-round picks after having traded so many away in deals over the last few seasons. As Bobby Marks of ESPN notes (via Twitter), Phoenix has increased its tally of future second-round selections from just two to five, including the No. 56 pick this year.

The Nuggets, weighed down by a pricey starting five, are clearly looking to add win-now young role player talent to their bench. Last season, they lost sixth man extraordinaire Bruce Brown in free agency. This year, the team is at risk of losing starting shooting guard Kentavious Caldwell-Pope, who has a $15.4MM player option for the 2024/25 season and could likely fetch a raise in free agency.

Luke Adams contributed to this report.

Nets, Rockets Officially Complete Swap Of Draft Assets

June 26th, 2024 at 3:49am CST by Luke Adams

The Nets and Rockets have officially announced their trade involving a series of future draft assets, with each team issuing a press release to confirm the move. We previously covered the deal within our story on the Mikal Bridges trade between the Nets and Knicks, but here are the full terms of the Brookyn/Houston swap:

Nets acquire:

Control of their own 2025 first-round pick (negating the Rockets’ right to swap either its own 2025 first-rounder or the Thunder’s 2025 first-rounder for Brooklyn’s pick).
Their own 2026 first-round pick.

Rockets acquire:

The right to swap either their own 2025 first-round pick or the Thunder’s 2025 first-round pick for the Suns’ 2025 first-round pick.
The Suns’ 2027 first-round pick.
Either the Mavericks’ or the Suns’ 2029 first-round pick (whichever is more favorable).
The right to swap their own 2029 first-round pick with either the Mavericks’ or the Suns’ 2029 first-round pick (whichever is least favorable).
- Note: Houston now essentially controls the two most favorable of the Mavericks’, Suns’, and Rockets’ 2029 first-rounders, with the Nets retaining control of the least favorable of the three.

The Nets’ motivation for the deal seems clear — their decision to trade Bridges signals that they’re prepared to take a step back in the short term rather than pushing toward contention. Having control of their own first-round picks for 2025 and 2026 will aid their rebuilding process, reducing the need to accelerate that process.

As cap expert Yossi Gozlan notes (via Twitter), Brooklyn will be in position to create more than $60MM in cap room in 2025, so the team will have no shortage of cap flexibility going forward in addition to being flush with future draft assets.

As for the Rockets, a report back in early May suggested they had interest in talking to the Nets about returning some of Brooklyn’s draft assets in exchange for some of those future Suns picks. Houston is pushing its collection of draft assets down the road a little and making a bet against Phoenix’s sustainability as a contender for the next several years.

As Adrian Wojnarowski of ESPN (Twitter links) has reported, the Rockets believe acquiring those future Suns assets puts them in a good position to pursue a star like Kevin Durant or Devin Booker in the event that they submit trade requests, or in the event that Phoenix eventually decides to break up its roster.

As the Nets showed with this deal, if a team pivots to a rebuild, it’s crucial for that team to control its own first-round draft picks — the Rockets now essentially own the Suns’ picks in 2025, 2027, and 2029 and could offer those assets back to Phoenix in any major trade between the two teams.

Still, for the time being at least, the Suns have no interest in considering a trade involving Durant or Booker, according to John Gambadoro of Arizona Sports 98.7, who responded to Wojnarowski’s report about Houston’s interest in acquiring Durant by tweeting that there’s “zero chance” that happens. Woj followed up on his initial report by clarifying (via Twitter) that the Rockets won’t necessary wait for a Suns star to become available and will also shop those picks to other teams in an effort to upgrade their roster.