Transactions Rumors | Hoops Rumors

Nets Re-Sign Blake Griffin

August 3rd, 2021 at 10:45am CST by Alex Kirschenbaum

AUGUST 9: The Nets have officially announced the re-signing of Griffin in a press release. Terms of the agreement weren’t disclosed, but as noted below, it’s reportedly worth the minimum. Nabbing Griffin at that price is a serious discount for a player who proved to be a solid starter on one of the best teams in the league.

AUGUST 3: Griffin’s one-year deal with the Nets will be worth the veteran’s minimum, tweets Michael Scotto of HoopsHype.

AUGUST 2: The Nets have agreed to terms with Blake Griffin on a one-year contract that will keep the veteran forward in Brooklyn, agent Sam Goldfeder tells ESPN’s Adrian Wojnarowski (Twitter link). Terms of the contract have yet to be disclosed.

After surrendering $13.3MM to the Pistons in a buyout agreement, Griffin signed on with the Nets for the rest of the year on a single-season veteran’s minimum contract.

A six-time All-Star with Detroit and the Clippers, Griffin’s tenure as an NBA first option was abbreviated due to a series of injuries.

The 32-year-old veteran thoroughly reinvented himself while with Brooklyn, maximizing some of his still-potent athleticism on a star-studded Nets team to become a valuable two-way big man, equally adept as a power forward and small ball center, and surprisingly agile as a defender.

Griffin boasts career averages of 20.9 PPG, 8.6 RPG, 4.3 APG and 0.9 SPG. In his new reality as a valuable role player, the 6’9″ Griffin had a significantly more modest output with Brooklyn.

In just 21.5 MPG across 26 regular season contests with the Nets, Griffin averaged 10.0 PPG, 4.7 RPG, 2.4 APG, 0.7 SPG and 0.5 BPG. He also posted a solid slash line of .492/.383/.782. After becoming Brooklyn’s full-time starting center in the playoffs, Griffin averaged 9.0 PPG, 5.9 RPG, 1.8 APG, 0.8 SPG and 0.5 BPG, with shooting stats of .532/.389/.714.

Retaining Griffin is a boon for Brooklyn, a team that boasts three expensive All-NBA talents (when healthy) in forward Kevin Durant and guards James Harden and Kyrie Irving, plus pricey sharpshooting wing Joe Harris. With Irving and Harden limited by injuries, the Nets lost a hotly-contested seven-game second round Eastern Conference playoff series to the eventual champion Bucks. If the team is healthy by the 2022 playoffs, it’s shaping up to once again be one of the most formidable clubs in the league.

Luke Adams contributed to this report.

Photo courtesy of USA Today Sports Images.

Rudy Gay Signs With Jazz

August 3rd, 2021 at 10:25am CST by Arthur Hill

AUGUST 6: Gay has officially signed his contract with the Jazz, the team announced today in a press release.

“Rudy brings a valuable veteran presence to the Jazz which will only enhance our group as it continues to evolve,” Jazz general manager Justin Zanik said in a statement. “He’s proven to be one of the most consistent players in the NBA over his 15-year career and we’re thrilled for him to join our club.”

AUGUST 3: The Jazz have reached an agreement with veteran forward Rudy Gay, tweets Shams Charania of The Athletic.

It will be a two-year deal worth $12.1MM with a player option for the second season, according to his agents, Raymond Brothers and Sam Permut (Twitter link). Utah will use its taxpayer mid-level exception, adds John Hollinger of The Athletic (Twitter link).

Gay, who will turn 35 this month, spent the last four seasons with the Spurs, where he was a reliable contributor off the bench for Gregg Popovich. He averaged 11.4 points and 4.8 rebounds in 63 games last season, which was his 15th in the NBA.

Gay will join Utah’s big man rotation in place of Derrick Favors, who was traded to the Thunder last week. He also reunites with re-signed point guard Mike Conley, a former teammate with the Grizzlies.

The Jazz will be limited to minimum-salary contracts for any further free agent signings.

Sam Dekker Signs With Raptors

August 3rd, 2021 at 10:03am CST by Arthur Hill

AUGUST 9: The Raptors’ signing of Dekker is now official, having been registered in the NBA’s transactions log. Dekker also tweeted about the signing, which marks his return to the league after a two-year hiatus.

AUGUST 5: The Raptors will sign forward Sam Dekker, who has been out of the NBA for the past two seasons, tweets Adrian Wojnarowski of ESPN. The move was confirmed by Dekker’s agents, Andy Shiffman and Mark Bartelstein of Priority Sports.

Dekker will receive a partial guarantee to come to training camp, a source tells Blake Murphy of The Athletic (Twitter link).

Dekker last played in the NBA in 2018/19, appearing in nine games with the Cavaliers and 38 with the Wizards. He spent two years with the Rockets after being selected with the 18th pick in the 2015 draft and played a year for the Clippers as well. Through 200 total NBA games, Dekker averages 5.5 points and 3.0 rebounds in 15.5 minutes per night.

The 27-year-old played last season for Turk Telekom of the Turkish Super League after spending the previous year with Lokomotive Kuban in Russia.

Timberwolves Trade Ricky Rubio To Cavaliers

August 3rd, 2021 at 9:52am CST by Luke Adams

AUGUST 3: The Timberwolves and Cavaliers have officially announced the trade in a pair of press releases.

The timing is curious, since the free agency moratorium is underway and trades can’t be formally completed during that time. However, the NBA’s official transactions log suggests the deal was finalized on Monday, presumably before the new league year began.

The announcement comes on the heels of Rubio racking up 38 points for the Spanish national team in a losing effort against Team USA on Tuesday.

JULY 29: The Timberwolves have agreed to trade Ricky Rubio to the Cavaliers in exchange for Taurean Prince, a 2022 second-round pick, and cash, sources tell Adrian Wojnarowski of ESPN (Twitter link).

Wojnarowski’s original report stated that the second-round pick and cash were going from Minnesota to Cleveland, but according to Jon Krawczynski of The Athletic (Twitter link), the Wolves are actually acquiring those assets along with Prince.

Subsequent reporting confirms as much — Jake Fischer of Bleacher Report tweets that the Cavs are sending $2.5MM to Minnesota as part of the deal, while Wojnarowski tweets that the pick changing hands is the Wizards’ 2022 second-rounder, which had been controlled by Cleveland.

It’s an interesting deal for the Cavaliers, who already have Darius Garland running the point and Collin Sexton acting as a secondary ball-handler. Giving up assets for Rubio doesn’t necessarily mean the Cavs have to move on from one of those players (likely Sexton), since the team needs depth at the point and was seeking a reliable veteran, per Chris Fedor of Cleveland.com (Twitter link). Still, that added depth would make it easier for Cleveland to move Sexton, who has been the subject of some trade rumors this month.

Rubio, who is currently representing Spain at the Tokyo Olympics, averaged a career-low 8.6 PPG for Minnesota in 2020/21 and shot just .388/.308/.867 in 68 games (26.1 MPG). However, the 30-year-old remains an effective play-maker (6.4 APG) and received praise for his leadership of the young Wolves.

The Timberwolves will create some extra financial flexibility below the luxury tax line as a result of this deal, as Rubio is on a $17.8MM expiring contract, while Prince is making $13MM in the last year of his contract. The team now projects to be about $5.4MM below the tax, tweets ESPN’s Bobby Marks.

It’s unclear if Minnesota intends to keep Prince, but the team was lacking in reliable forward depth this past season, so the former Baylor standout could help out there. He’s a career 37.0% three-point shooter and knocked down 40.0% of his attempts from beyond the arc for Brooklyn and Cleveland in 2020/21.

Heat Re-Sign Gabe Vincent

August 3rd, 2021 at 12:04am CST by Alex Kirschenbaum

AUGUST 6: Vincent’s deal is now official, the Heat announced today in a press release.

“Gabe has proven to us that he is more than just a point guard,” team president Pat Riley said in a statement. “He’s a two-way guard that can run the offense, make threes and pretty much defend any guard in this league. It’s good to have him as part of our young core of players that we feel blend perfectly with our veterans.”

AUGUST 3: The Heat are set to bring back free agent point guard Gabe Vincent on a two-year, $3.5MM minimum contract, Vincent’s agent Bill Neff informs Shams Charania of The Athletic (Twitter link).

Vincent, 25, appeared in 50 games for the Heat during the 2020/21 season, including seven starts. Vincent averaged 4.8 PPG, 1.3 APG and 1.1 RPG in 13.1 MPG last year.

After going undrafted out of UC Santa Barbara in 2018, Vincent played with the Stockton Kings, Sacramento’s NBAGL affiliate, for the 2018/19 season.

He then latched on with the Heat as a two-way player for the 2019/20 season. Vincent appeared in just nine games for Miami during his rookie season, spending most of his time with the Heat’s G League affiliate, the Sioux Falls Skyforce.

He was named the Most Improved Player in the G League for 2019/20 while with Sioux Falls, after averaging 21.1 PPG, 3.1 RPG, and 2.1 APG, while pouring in a .450/.406/.923 slash line. At the NBA level, he has been a gritty, defense-first option on the perimeter.

Photo courtesy of USA Today Sports Images.

Wizards Nearing Deal With Spencer Dinwiddie

August 2nd, 2021 at 11:25pm CST by Luke Adams

Free agent point guard Spencer Dinwiddie is nearing a deal to join the Wizards, according to Adrian Wojnarowski of ESPN (Twitter link). Jake Fischer of Bleacher Report (Twitter link) says the two sides are working toward a three-year deal that will be worth roughly $60MM.

Dinwiddie had been linked to Washington repeatedly in the days leading up to free agency, but there was some uncertainty about whether a union would be possible — the Wizards don’t have the cap space necessary to sign the point guard outright and the Nets will be averse to taking on any unwanted salary in a sign-and-trade arrangement.

If Dinwiddie is close to an agreement with the Wizards, perhaps the involved parties – Dinwiddie, the Wizards, and the Nets – are confident they’ll able to work out a deal that appeals to everyone. We’ll await further details.

If the Wizards land Dinwiddie, they’ll be getting a 28-year-old point guard who is coming off a lost season. He appeared in just three games before missing the rest of the 2020/21 campaign due to a partially torn ACL. However, Dinwiddie was reportedly cleared for all basketball activities in June and the expectation is that he’ll be good to go for the fall.

In his last full season, Dinwiddie averaged 20.6 PPG and 6.8 APG on .415/.308/.778 shooting in 64 games (31.2 MPG) for Brooklyn in 2019/20.

The Wizards have agreed to send their starting point guard, Russell Westbrook, to the Lakers for a package that doesn’t include a point guard, so addressing the position was a top priority for the team in free agency. That Westbrook trade is not yet official and could be expanded to include Brooklyn if necessary.

Warriors Sign Otto Porter

August 2nd, 2021 at 11:18pm CST by Luke Adams

AUGUST 6: The Warriors have officially signed Porter, according to a press release from the team.

AUGUST 2: The Warriors have reached a deal with free agent forward Otto Porter, according to Chris Haynes of Yahoo Sports (Twitter link). Porter turned down the mid-level exception elsewhere in order to join Golden State on a minimum-salary deal, sources tell Haynes (Twitter link).

Porter, 28, was a reliable three-and-D wing earlier in his career, earning a maximum-salary investment during the 2017 free agent period when the Wizards matched his four-year, $106MM+ offer sheet from Brooklyn.

However, injury issues derailed Porter’s career in recent years. He has played just 42 games since the start of the 2019/20 season and has spent time with the Bulls and Magic since being traded out of Washington in 2019.

If Porter stays healthy, he’d be a terrific fit on the wing in Golden State, helping the team space the floor on offense and handle opposing forwards on defense. Porter is a career 40.2% three-point shooter and has averaged 10.9 PPG and 5.0 RPG in 441 regular season contests since entering the league in 2013.

Bucks Sign Semi Ojeleye To One-Year Contract

August 2nd, 2021 at 10:43pm CST by Alex Kirschenbaum

AUGUST 6: The Bucks have officially signed Ojeleye, the team announced on Friday (via Twitter).

AUGUST 2: The 2021 NBA champion Bucks will be adding forward Semi Ojeleye to shore up their frontcourt depth, agent Sean Kennedy informs Adrian Wojnarowski of ESPN (via Twitter).

Eric Nehm of The Athletic reports (Twitter link) that Ojeleye is set to join the Bucks on a one-year, minimum-salary contract.

Selected with the No. 37 pick in the 2017 NBA draft out of SMU by the Celtics, the 6’6″ forward spent his first four NBA seasons in Boston. Though not much of a scorer (his career-best average thus far is 4.6 PPG in 2020/21), Ojeleye nevertheless found his way into the rotation for the Celtics’ various playoff-bound teams over the years, including two Eastern Conference Finals teams in 2018 and 2020.

A versatile defender, Ojeleye could fill the absence left by veteran tweener forward P.J. Tucker, who is expected to depart for the Heat after agreeing to a new two-year, $15MM deal.

In 2020/21, Ojeleye averaged the aforementioned 4.6 PPG, to go along with 2.6 RPG, in 17.0 minutes per contest. He played in 56 games, starting 15. The 26-year-old Ojeleye proved to be a reliable three-point shooter last year, albeit on a modest volume, connecting on 36.7% of his 2.8 looks from long range.

Photo courtesy of USA Today Sports Images.

Heat Re-Sign Max Strus To Two-Year Contract

August 2nd, 2021 at 9:43pm CST by Alex Kirschenbaum

AUGUST 6: The Heat and Strus have made it official, per a team release.

“As one of our young developing players, Max proved he can be very productive for us,” team president Pat Riley said in a statement. “He stepped up when needed last season and produced. His shooting and overall game is going to help our team immensely.”

AUGUST 2: The Heat will re-sign third-year free agent swingman Max Strus on a two-year contract worth $3.5MM, his agent Mark Bartelstein informs Adrian Wojnarowski of ESPN (via Twitter). This sum is in line with the amount of a veteran’s minimum deal for Strus.

After going undrafted in 2019 out of DePaul, the Hickory Hills, Illinois native joined his home state Bulls on a two-way contract for the 2019/20 season. Strus suited up for 13 games with Chicago’s NBAGL affiliate, the Windy City Bulls, and had a two-game cameo with Chicago, before suffering a season-ending left ACL tear.

Strus then inked a non-guaranteed Exhibit 10 camp deal with the Heat ahead of the 2020/21 season, and later was brought on as a two-way player for the rest of the year. The Heat extended a $50K qualifying offer to the 6’5″ wing this summer, making him a restricted free agent under team control.

During his 39 games with Miami, the 25-year-old Strus averaged 6.1 PPG in 13.0 MPG, while nailing 45.5% of his field goal looks, 33.8% of his three-point tries, and 66.7% of his free throws.

Photo courtesy of USA Today Sports Images.

Kent Bazemore Signs With Lakers

August 2nd, 2021 at 9:22pm CST by Dana Gauruder

AUGUST 6: The Lakers have officially signed Bazemore, the team announced today in a press release.

AUGUST 2: Kent Bazemore will remain in the Pacific Division but he isn’t re-signing with the Warriors. Bazemore has agreed to a one-year deal with the Lakers, Shams Charania of The Athletic tweets. It’ll be worth the veteran’s minimum, per Broderick Turner of The Los Angeles Times (Twitter link).

Bazemore had a good run this past season in his second stint with Golden State. He appeared in 67 games, including 18 starts, and averaged 7.2 PPG, 3.4 RPG and 1.6 APG in 19.9 MPG. Bazemore’s 40.8% success rate from 3-point range was a career best.

The Warriors were interested in re-signing Bazemore. In fact, they were willing to give him more money, but he took Los Angeles’ offer because he sees the Lakers as a title contender and was told he’d have a major role, Mark Medina of USA Today tweets.

Instead, Bazemore will join several other free agents — Wayne Ellington, Trevor Ariza and Dwight Howard — who agreed to contracts with the 2019/20 NBA champions. Bazemore previously played 23 games with the Lakers during the 2013/14 season.