Transactions Rumors | Hoops Rumors

Serge Ibaka Opting In For 2021/22 Season

July 31st, 2021 at 6:38pm CST by Arthur Hill

Clippers center/power forward Serge Ibaka will exercise his player option for next season, tweets Shams Charania of The Athletic.

Ibaka, 31, will make $9.7MM next season before becoming an unrestricted free agent in the summer of 2022. He signed a two-year, $19MM contract last November that included the player option in the second season.

Ibaka’s first season in L.A. was marred by injuries that limited him to 41 games during the regular season and two brief appearances in the playoffs. He was the starting center before back issues derailed his year, averaging 11.1 points, 6.7 rebounds and 1.1 blocks per night.

The decision by Ibaka virtually eliminates any thoughts the Clippers may have entertained about using the non-taxpayer mid-level exception this offseason, according to John Hollinger of The Athletic (Twitter link).

The Clippers, of course, are still waiting on another big player option decision, as Kawhi Leonard will have to decide whether to opt into a $36MM+ salary. Despite his ACL injury, the expectation is that Leonard will turn down his option to sign a more lucrative – and perhaps a longer-term – deal with Los Angeles.

Jarred Vanderbilt, Jordan McLaughlin Get QOs From Wolves

July 31st, 2021 at 6:09pm CST by Arthur Hill

The Timberwolves have made qualifying offers to Jarred Vanderbilt and Jordan McLaughlin, tweets ESPN’s Adrian Wojnarowski. Both players will be restricted heading into free agency.

Minnesota has full Bird rights on Vanderbilt and Early Bird rights on McLaughlin, notes Bobby Marks of ESPN (Twitter link). The Wolves are currently $7.9MM away from the luxury tax, including a first-round hold for Leandro Bolmaro, who may join the team next season.

Vanderbilt, a 22-year-old power forward, is coming off his most productive NBA season, averaging 5.4 points and 5.8 rebounds while starting 30 of the 64 games that he played. He was acquired from the Nuggets in a four-team trade in February of 2020.

McLaughlin, a 25-year-old point guard, appeared in 51 games this season, averaging 5.0 points, 2.1 rebounds and 3.8 assists per night. He has been a two-way player for the Wolves the past two years.

Pistons Waive Cory Joseph, Deividas Sirvydis, Tyler Cook

July 31st, 2021 at 5:07pm CST by Luke Adams

5:07pm: The Pistons have officially waived Joseph and Sirvydis, the team confirmed in a press release. Detroit also announced that Cook has been waived. As noted below, his salary for 2021/22 had been fully non-guaranteed.

3:36pm: The Pistons are waiving a pair of players from their roster, according to Shams Charania and James Edwards III of The Athletic, who report (via Twitter) that Cory Joseph and Deividas Sirvydis will be released.

Joseph’s $12.6MM salary for the 2021/22 season was only partially guaranteed for $2.4MM. Sirvydis had a fully guaranteed salary for the coming season, but his cap hit was just $1.52MM and his 2022/23 salary was non-guaranteed.

Detroit will have the option of either applying the dead money for Joseph and Sirvydis solely to the team’s 2021/22 cap or stretching those cap charges across multiple seasons to generate more space this offseason. That possibility shouldn’t be ruled out, since the Pistons’ trade of Mason Plumlee suggested the club is looking to open up cap room for free agency.

John Hollinger of The Athletic (Twitter link) estimates that Detroit could get up to about $22MM in cap space by stretching Joseph and Sirvydis and cutting Rodney McGruder and Tyler Cook, who have non-guaranteed contracts.

Joseph, who will turn 30 in August, began last season with Sacramento and was sent to Detroit at the March trade deadline. He played well with the Pistons down the stretch, averaging 12.0 PPG, 5.5 APG, and 3.2 RPG on .506/.368/.878 shooting in 19 games (26.4 MPG). Joseph should be an appealing target for teams in the market for a backup point guard.

A Lithuanian wing, Sirvydis was the No. 37 pick in the 2019 draft and was stashed for a year overseas before signing his first NBA contract in the 2020 offseason. His rookie season was uninspiring, as he played limited minutes in 20 games, averaging 2.1 PPG and 1.5 RPG in 6.7 MPG. A return to Europe seems like a possibility for Sirvydis.

Knicks Exercise Team Option On Mitchell Robinson, Waive Norvel Pelle

July 31st, 2021 at 5:05pm CST by Arthur Hill

The Knicks have picked up their option for next season on center Mitchell Robinson and have waived center Norvel Pelle, the team announced (via Twitter).

Robinson will make $1.8MM in the final season of the four-year deal he signed after being drafted in the second round in 2018. He was the team’s starting center before getting injured, so it was an easy decision for New York to exercise the option.

The 23-year-old averaged 8.3 points and 8.1 rebounds in 31 games before undergoing season-ending foot surgery in late March. He also suffered a broken hand during the season that caused him to miss 15 games.

Robinson is eligible for a four-year, $51MM extension during the offseason, tweets Bobby Marks of ESPN. The Knicks also have the option of using cap space to renegotiate his salary for next season and having that be the beginning of an extension. If no extension is reached, Robinson will be an unrestricted free agent next summer.

Pelle, 28, had a $1.7MM option for 2021/22 that New York chose not to exercise. He signed a pair of 10-day deals with the Knicks in April, shortly after Robinson broke his foot, and earned a contract through the end of the season. Pelle appeared in nine games, averaging 1.2 points and 1.2 rebounds in 5.8 minutes per night.

Pelicans Decline Team Option On Didi Louzada

July 31st, 2021 at 4:51pm CST by Arthur Hill

The Pelicans have turned down their $1,517,981 team option on Didi Louzada, tweets Andrew Lopez of ESPN. However, the rookie small forward still may have a future in New Orleans.

Sources tell Lopez that the Pelicans extended a qualifying offer to Louzada and hope to reach a long-term agreement in free agency.

Louzada, 22, signed with New Orleans in late April and appeared in three games before the season ended, averaging 2.7 PPG in 18.7 minutes per night. The Brazilian native was drafted by the Hawks with the 35th pick in 2019 and traded to the Pacers, but didn’t have any NBA experience until he joined the Pelicans.

Louzada, who is also known as Marcos Louzada Silva, spent the past two seasons with the Sydney Kings in Australia’s National Basketball League.

Wizards Issue QOs To Mathews, Winston; Will Make Bonga UFA

July 31st, 2021 at 2:11pm CST by Eli Cohen

The Wizards will not issue a qualifying offer to Isaac Bonga, thereby making him an unrestricted free agent, reports ESPN’s Adrian Wojnarowski (via Twitter).

The 6’8″ point forward saw his playing time cut nearly in half from the 2019/2020 season to last year. Despite the flashes of potential he showed, the Wizards now find themselves with a logjam of forwards, and Bonga appears to be the odd man out. His QO would’ve been worth about $2.08MM.

The Wizards are, however, extending qualifying offers to guards Garrison Mathews and Cassius Winston, according to a tweet from The Athletic’s Fred Katz. Both players finished the season on two-way contracts with Washington.

Mathews, who went undrafted in 2019, was a revelation as a feisty sharp-shooter for the Wizards this season, and even started 24 games. Winston, last year’s No. 53 overall pick, wasn’t able to crack Washington’s rotation in a major way during his rookie year, but the accomplished collegiate point guard has potential as a shooter and pick and roll play-maker, and the Wizards have need of guards.

Mathews’ qualifying offer will be a standard minimum-salary contract with a small partial guarantee, while Winston’s will be another two-way deal.

Pelicans Extend Qualifying Offers To Ball, Hart

July 31st, 2021 at 1:52pm CST by Eli Cohen

The Pelicans have extended qualifying offers to Lonzo Ball and Josh Hart, making them restricted free agents this summer, tweets Andrew Lopez of ESPN.

Ball’s qualifying offer is worth about $14.36MM, while Hart’s is approximately $5.24MM. Those are one-year contract offers that could theoretically be accepted, but Ball and Hart will likely earn more lucrative multiyear deals in free agency.

As long as the Pelicans keep those qualifying offers on the table, they’ll have the ability to match any offer sheet signed by Ball or Hart, and would have the leverage necessary to negotiate a sign-and-trade.

It remains unclear whether either Ball or Hart will return to New Orleans. The Pelicans’ agreement to trade Eric Bledsoe and Steven Adams creates some cap flexibility for a bigger free agent acquisition, and the team is said to be eyeing Kyle Lowry and other point guards, including Spencer Dinwiddie.

Ball is unlikely to return if the Pelicans land one of those targets, since he’d probably need to be renounced to clear the necessary cap space. But if New Orleans strikes out on the free agent market, it will be interesting to see how the club handles Ball’s situation. He has been linked to the Bulls, Celtics, Raptors, Pacers, and Knicks, among other teams.

The Pelicans could potentially clear enough space to land a top free agent point guard without renouncing Hart, so he looks – for now – like a decent bet to return to the team.

Luke Adams contributed to this story.

Bucks’ Bobby Portis Declining 2021/22 Player Option

July 31st, 2021 at 12:54pm CST by Luke Adams

Bucks forward/center Bobby Portis won’t pick up his player option for the 2021/22 season, agent Mark Bartelstein tells Adrian Wojnarowski of ESPN (Twitter link).

If Portis had opted into the final year of his deal, he would’ve earned a $3,804,150 salary. Instead, he’ll become an unrestricted free agent in search of a new contract.

Portis, 26, took a modest offer worth the bi-annual exception in free agency last fall in order to join the Bucks and played a key role in the team’s championship run. The veteran big man averaged 11.4 PPG and 7.1 RPG on .523/.471/.740 shooting in 66 regular season games (20.8 MPG), then contributed 8.8 PPG and 5.0 RPG in 20 postseason contests (18.3 MPG).

Declining his second-year option doesn’t preclude a return to the Bucks for Portis, who emerged as a fan favorite in Milwaukee. However, the club’s ability to offer him a raise will be limited.

The Bucks only hold Portis’ Non-Bird rights, which would allow them to offer a starting salary worth up to about $4.2MM. If they want to dip into their taxpayer mid-level exception, the Bucks could go up to about $5.9MM in year one. Portis will likely receive more lucrative offers on the open market.

Still, the former first-round pick accepted a discount to sign with Milwaukee once and could be open to doing so again if he wants to try to earn a second consecutive title with Giannis Antetokounmpo and company. The Bucks and Portis reportedly have mutual interest in a new deal.

Mavs Trade Josh Richardson To Celtics

July 31st, 2021 at 12:33pm CST by Dana Gauruder

JULY 31: The Celtics will send Moses Brown – recently acquired from Oklahoma City – to Dallas in the deal for Richardson, tweets Charania. A simple one-for-one swap, the trade is now official, according to an announcement from the Mavs.

JULY 30: The Mavericks are finalizing a trade that would send swingman Josh Richardson to the Celtics, Shams Charania of The Athletic tweets.

Richardson will exercise his $11.6MM option in order to make the deal happen, Charania adds.

The Celtics are using a $11.05MM trade exception acquire in the Gordon Hayward sign-and-trade last year in order to make the deal, Bobby Marks of ESPN tweets. Richardson made $10.86MM this past season, so Boston will finalize the deal on Saturday before the league calendar flips. The Mavericks will generate a trade exception worth the same amount.

Dallas could have up to $34MM in cap room entering free agency, though creating that much space would require renouncing Tim Hardaway Jr.‘s cap hold, Marks adds.

Richardson averaged 12.1 PPG and 2.6 APG in 59 regular-season games with Dallas this past season, including 56 starts. He’s a career 35.8% 3-point shooter and 83.2% free throw shooter with the reputation of being a quality perimeter defender.

The Celtics also agreed to a three-way deal on Friday in which they shipped big man Tristan Thompson to the Kings and acquired guard Kris Dunn from the Hawks. However, Dunn could be moved as part of another trade, according to Adam Himmelsbach of the Boston Globe (Twitter link).

Rockets Make Avery Bradley Unrestricted Free Agent

July 31st, 2021 at 11:58am CST by Dana Gauruder

The Rockets will not pick up their $5.9MM option on Avery Bradley, making the veteran guard an unrestricted free agent, Shams Charania of The Athletic tweets.

The move was expected, as Houston is in full rebuild mode. Bradley is expected to draw interest from multiple playoff contenders once he hits the open market on Monday.

Bradley wound up in Houston as a result of a deadline deal with the Heat during an injury-riddled season. Following the trade, Bradley averaged 5.2 PPG (while shooting 31.4% from the field and 27.0% from deep), 2.3 RPG and 1.9 APG across 23.0 MPG in 17 contests with the team.

Bradley, 30, has also played for Boston, Detroit, Memphis and both Los Angeles teams. He was on the Lakers’ roster in 2019/20 but opted not to play in the Orlando bubble when the Lakers won the NBA title.