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Lakers Re-Sign Talen Horton-Tucker To Three-Year Deal

August 3rd, 2021 at 4:04pm CST by Luke Adams

AUGUST 6: The Lakers have officially re-signed Horton-Tucker, the team confirmed today in a press release.

AUGUST 3: Restricted free agent guard Talen Horton-Tucker has agreed to a three-year, $32MM deal to return to the Lakers, agents Rich Paul and Lucas Newton tell ESPN’s Adrian Wojnarowski (Twitter link). The deal includes a third-year player option, according to Broderick Turner of The Los Angeles Times (Twitter link).

Horton-Tucker, a second-round pick in the 2019 draft, averaged 9.0 PPG, 2.8 APG, and 2.6 RPG on .458/.282/.775 shooting in 65 games (20.1 MPG) for the Lakers in 2020/21.

Those numbers don’t exactly jump off the page, but Horton-Tucker is being paid more for his potential than his past performance. He won’t turn 21 until November, making him one of the youngest free agents on the market this summer. The Lakers expect him to take a big step forward in 2021/22, according to Wojnarowski (Twitter link).

The Lakers had Early Bird rights on Horton-Tucker and will take full advantage of those rights to re-sign him. The Early Bird exception allowed the team to go up to about $10.4MM for the first year in the 20-year-old’s new contract, and it appears his salary will be something close to that.

With a player option in the third year of his new deal, Horton-Tucker will have the opportunity to hit the open market again at age 22 as an unrestricted free agent. If he takes a major step forward in the next two years, he’ll be in line for a substantial payday at that point.

Blazers Sign Tony Snell To One-Year Deal

August 3rd, 2021 at 3:39pm CST by Luke Adams

AUGUST 10: The Blazers have officially signed Snell, the team announced today in a press release. Portland is now carrying 12 players on standard contracts, with Trendon Watford on a two-way deal and second-round pick Greg Brown still unsigned.

AUGUST 3: The Trail Blazers and free agent wing Tony Snell have agreed to a one-year contract, agent Austin Brown tells Adrian Wojnarowski of ESPN (Twitter link).

Snell, 29, will provide additional shooting on the wing for a Portland team that also reached deals with Norman Powell and Ben McLemore early in free agency.

Snell shot an otherworldly 56.9% on three-point attempts in 47 games (21.1 MPG) for Atlanta in 2020/21, albeit not on a particularly high volume (2.3 attempts per game). He has now knocked down at least 40% of his three-point attempts in four of the last five seasons, and narrowly fell short of that mark in 2018/19 (39.7%).

Terms of Snell’s new deal aren’t yet known, but I’d be a little surprised if it’s worth more than the veteran’s minimum.

Bulls To Acquire DeMar DeRozan From Spurs Via Sign-And-Trade

August 3rd, 2021 at 3:06pm CST by Luke Adams

Free agent wing DeMar DeRozan is expected to sign a three-year, $85MM contract with the Bulls, reports Shams Charania of The Athletic (Twitter links).

According to Charania, the Bulls and Spurs are finalizing a sign-and-trade deal that will send DeRozan to Chicago in exchange for Thaddeus Young, a future first-round pick, and two second-round picks. Al-Farouq Aminu will go to San Antonio in the deal too, per ESPN’s Adrian Wojnarowski (Twitter link).

Wojnarowski also provides the details on the draft picks headed to the Spurs, reporting (via Twitter) that the future first-round pick will convey in 2025 at the earliest, since the Bulls owe their 2023 first-rounder to Orlando. The second-rounders Chicago is sending to San Antonio are the Lakers’ 2022 pick and the Bulls’ own 2025 pick, Woj adds.

Chris Haynes of Yahoo Sports (Twitter links), who first reported DeRozan was nearing a deal with Chicago, says his three-year deal will be fully guaranteed.

It’s a fascinating turn of events for the Bulls and for DeRozan, who had reportedly been planning to meet with the Clippers despite their limited cap flexibility. Because acquiring a player via sign-and-trade hard-caps a team at the tax apron, a sign-and-trade for DeRozan likely wasn’t an option for the Clippers, who project to be taxpayers.

However, the Bulls, who had already agreed to acquire Lonzo Ball via sign-and-trade and had two sizeable – and expendable – expiring contracts belonging to Young and Aminu, were in a far better position to make DeRozan an aggressive offer. And they did just that, agreeing to a deal that will add DeRozan to a core that now includes Zach LaVine, Nikola Vucevic, and Ball.

While DeRozan’s lack of a three-point shot (he has made 35 in the last three seasons) is an oddity for a wing in the modern NBA, his mid-range game is deadly and he has become a legitimately dangerous play-maker, averaging a career-best 6.9 assists per game in 2020/21. Opponents will have a tough time stopping lineups featuring him, LaVine, and Vucevic, though it won’t be the most stout group defensively.

Based on their reported moves, the Bulls still have about $19.5MM in breathing room below the tax and $26MM below the hard cap, according to ESPN’s Bobby Marks, who notes (via Twitter) that the team still holds Lauri Markkanen‘s Bird rights.

The Spurs, who have free agent deals in place with Zach Collins and Doug McDermott, still have about $6MM in projected cap space to work with, Marks adds.

Lakers Sign Malik Monk

August 3rd, 2021 at 2:11pm CST by Luke Adams

AUGUST 6: The Lakers have officially signed Monk, per a team release.

AUGUST 3: The Lakers are poised to add another sharpshooter to their roster, having agreed to a deal with free agent guard Malik Monk, according to ESPN’s Adrian Wojnarowski (Twitter link). It’s believed to be a minimum-salary contract, tweets Keith Smith of Spotrac.

Monk, a former 11th overall pick, struggled in his first three NBA seasons, making just 32.2% of his three-point attempts and serving a drug-related suspension in 2020. However, he emerged as a reliable role player in 2020/21, averaging 11.7 PPG on .434/.401/.819 shooting in 42 games (20.9 MPG).

The Hornets opted not to tender Monk a $7MM+ qualifying offer over the weekend, making him an unrestricted free agent and ensuring that a team like the Lakers can sign him outright without having to worry about an offer being matched.

After nearly acquiring Buddy Hield in a trade with Sacramento last week, the Lakers pivoted and agreed to acquire Russell Westbrook instead, creating a major need for shooting on the wing.

The team began to address that need by agreeing to minimum-salary deals with Wayne Ellington, Kent Bazemore, and Trevor Ariza on day one of free agency. Monk will give the Lakers another option for spacing the floor around their stars.

Lakers Sign Carmelo Anthony To One-Year Deal

August 3rd, 2021 at 2:09pm CST by Luke Adams

AUGUST 6: Anthony’s deal with the Lakers is now official, according to a press release from the team.

AUGUST 3: Carmelo Anthony will be teaming up with Russell Westbrook, Anthony Davis, and LeBron James in Los Angeles, according to ESPN’s Adrian Wojnarowski (Twitter link), who hears from Anthony’s manager Bay Frazier that the veteran forward has agreed to sign a one-year contract with the Lakers.

Anthony has confirmed the news in a video announcement on Twitter. He’ll get a minimum-salary contract.

Anthony was said to be weighing interest from both the Lakers and Knicks on the first day of free agency and ultimately opted to team up with his close friend James for the first time rather than pursuing a second stint in New York.

After consistently averaging 20+ points per game earlier in his NBA career, the 37-year-old forward has transitioned into a complementary role in Portland over the last two seasons.

He averaged 13.4 PPG and 3.1 RPG on .421/.409/.890 shooting in 69 games (24.5 MPG) for the Blazers in 2020/21, accepting a full-time role off the bench for the first time in his career.

The Lakers have been busy filling out their rotation around their stars since free agency began less than 24 hours ago. So far the team has come to terms with Anthony, Malik Monk, Kent Bazemore, Trevor Ariza, Wayne Ellington, and Dwight Howard.

Pelicans Sign Didi Louzada To Four-Year Contract

August 3rd, 2021 at 1:54pm CST by JD Shaw

AUGUST 13: The Pelicans have officially re-signed Louzada, per NBA.com’s transactions log.

AUGUST 3: The Pelicans have agreed to a new four-year contract with swingman Didi Louzada, according to ESPN’s Adrian Wojnarowski (Twitter link).

New Orleans had been hoping to keep Louzada after declining his $1.5MM team option for 2021-22 last weekend. By declining the option and re-signing him on a new deal, the team now has the ability to keep him for years to come.

Louzada, 22, was the No. 35 pick in 2019. He signed with New Orleans toward the end of last season after spending two years overseas, appearing in three games.

The Pelicans finished the 2020/21 season with a 31-41 record — the 11th best in the Western Conference. The franchise parted ways with head coach Stan Van Gundy at the end of the campaign, hiring former NBA guard Willie Green in his place.

Nets Sign Patty Mills To Two-Year Deal

August 3rd, 2021 at 1:47pm CST by Luke Adams

AUGUST 10: Mills’ contract with the Nets is now official, the team announced today in a press release.

AUGUST 3: The Nets have agreed to sign free agent guard Patty Mills to a two-year, $12MM contract, agent Steven Heumann tells Adrian Wojnarowski of ESPN (Twitter link).

The deal will feature a second-year player option, according to Wojnarowski. Given Brooklyn’s cap situation, the team will complete the signing using the taxpayer version of the mid-level exception. As we outlined earlier today, a two-year deal worth the full taxpayer’s MLE is worth about $12.07MM.

Mills, who will turn 33 next Wednesday, had been one of the few players in the NBA who had spent the last decade with the same team, having made his Spurs debut way back in 2011.

He has been a reliable and consistent bench contributor for San Antonio during that stretch, knocking down 38.9% of his three-point attempts and never making fewer than 34.1% in a single season. In 2020/21, Mills averaged 10.8 PPG and 2.4 APG on .412/.375/.910 shooting in 68 games (24.8 MPG).

Nets general manager Sean Marks played alongside Mills in Portland during the 2010/11 season and then was in San Antonio’s front office and on the Spurs’ coaching staff during Mills’ first few years with the team, so he’s very familiar with the veteran guard.

The Spurs have been shifting more into rebuilding mode within the last couple years, so it made sense for Mills to seek out a contract with a contender. He had been a popular target on the free agent market, with the Lakers and Warriors among the other teams believed to be pursuing him.

The Nets’ willingness to use their full taxpayer mid-level on the veteran guard reflects how much they like him, as the deal will cost the team exponentially more in cap penalties than the $5.89MM Mills will earn in 2021/22. Bobby Marks of ESPN tweets that the signing will increase Brooklyn’s projected tax bill from $92.6MM to $121.8MM.

Suns Re-Sign Abdel Nader

August 3rd, 2021 at 1:35pm CST by Luke Adams

AUGUST 6: Nader’s deal is now official, the Suns announced in a press release.

AUGUST 3: The Suns and Abdel Nader are in agreement on a two-year, $4.2MM deal that will ensure the forward remains in Phoenix, agent Cervando Tejeda tells Shams Charania of The Athletic (Twitter link).

Nader, the 58th overall pick in the 2016 draft, was sent last offseason from Oklahoma City to Phoenix in the blockbuster Chris Paul deal. While he didn’t exactly make the impact that the Suns’ other acquisition in that trade did, Nader played well in limited rotation minutes, averaging 6.7 PPG and 2.6 RPG on .491/.419/.757 shooting in 24 games (14.8 MPG).

Nader dealt with some health issues this season and underwent arthroscopic surgery on his right knee in late April. He was cleared to return to action late in Phoenix’s postseason run.

A two-year, minimum-salary contract for Nader would be worth about $3.8MM, so it’s possible the Suns were willing to go a little higher than that using the 27-year-old’s Bird rights to make sure he remains on the roster. It’s also possible this is some generous rounding at work and Nader’s deal is actually worth the minimum. We’ll keep an eye out for further confirmation.

Magic Sign Robin Lopez To One-Year Contract

August 3rd, 2021 at 1:29pm CST by JD Shaw

AUGUST 6: The Magic have officially signed Lopez, according to an announcement from the team.

AUGUST 3: The Magic are signing veteran free agent center Robin Lopez to a one-year, $5MM deal, according to ESPN’s Adrian Wojnarowski (Twitter links). The 33-year-old is coming off a stint with the Wizards.

Lopez provides Orlando with a locker room presence, joining the likes of Wendell Carter Jr. (22 years old) and Mohamed Bamba (23 years old) at the center position. He was drafted No. 15 overall in 2008 after playing two collegiate seasons at Stanford.

In 71 games with Washington last season, Lopez averaged nine points, 3.8 rebounds and 19.1 minutes per contest. He’s also made stops with Phoenix, New Orleans, Portland, New York, Chicago and Milwaukee throughout his 15-year NBA career.

The Magic also signed lottery picks Jalen Suggs and Franz Wagner to their rookie contracts on Tuesday. As Bobby Marks of ESPN notes (via Twitter), Orlando will use part if its $9.5MM midlevel exception to sign Lopez and still owns a $17.2MM trade exception.

Magic Sign Jalen Suggs, Franz Wagner To Rookie Contracts

August 3rd, 2021 at 12:59pm CST by Arthur Hill

The Magic have signed lottery picks Jalen Suggs and Franz Wagner to their first NBA contracts, the team announced (via Twitter).

Suggs, a freshman guard out of Gonzaga, was expected to be a top four pick, but slid to Orlando at No. 5 on draft night. He will make about $6.59MM in his first season, assuming he receives the maximum 120% of the rookie scale.

Suggs was a standout player for the Zags, who went undefeated until the NCAA championship game, averaging 14.4 points, 5.3 rebounds and 4.5 assists in 30 games. He figures to make an immediate impact on the Magic’s young backcourt.

Wagner, the eighth overall pick, will make about $5MM as a rookie. He averaged 12.5 PPG and 6.5 RPG as a sophomore at Michigan.