Transactions Rumors | Hoops Rumors

Raptors Extend QOs To Gary Trent Jr., Nando De Colo

July 26th, 2021 at 2:57pm CST by Luke Adams

The Raptors have given qualifying offers to guards Gary Trent Jr. and Nando De Colo, the team announced today in a press release. As a result, both players will be restricted free agents.

The Raptors acquired Trent – along with Rodney Hood – in the deadline deal that sent Norman Powell to the Blazers. In 58 total games (31.1 MPG) with Portland and Toronto in 2020/21, the 22-year-old averaged 15.3 PPG on .408/.385/.783 shooting.

Because he met the starter criteria, Trent will receive a qualifying offer of $4.7MM+, which will also be his cap hold. If he accepts that one-year, $4.7MM offer, he’d be an unrestricted free agent in 2022, but he’s more likely to work out a longer-term deal with the Raptors or another team. Should he sign an offer sheet with a rival suitor, Toronto will be able to match it.

As for De Colo, he hasn’t played in the NBA since 2014, but the Raptors have now issued him a qualifying offer for eight straight years in order to retain matching rights in the event that he does return stateside.

There’s no indication that will happen anytime soon, or at all – he remains under contract with Fenerbahce in Turkey – but there’s no harm in Toronto making the procedural move. De Colo’s qualifying offer is worth $1.8MM.

Pistons Issue QOs To Hamidou Diallo, Frank Jackson

July 26th, 2021 at 11:43am CST by Luke Adams

The Pistons have extended qualifying offers to Hamidou Diallo and Frank Jackson, ensuring that both players will be restricted free agents this summer, reports James Edwards III of The Athletic (via Twitter).

Acquired from the Thunder in March in a deal that sent Sviatoslav Mykhailiuk and a second-round pick to Oklahoma City, Diallo averaged 11.2 PPG and 5.4 RPG on .468/.390/.662 shooting in 20 games (23.3 MPG) for Detroit.

The expectation when Diallo was acquired was that the Pistons would make a strong effort to lock him up to a new deal as a restricted free agent. His qualifying offer will be worth about $2.08MM and will give Detroit the right of first refusal in the event that he signs an offer sheet with another team.

As for Jackson, the former 31st overall pick spent the 2020/21 season on a two-way contract with the Pistons, averaging 9.8 PPG and 2.2 RPG on .457/.407/.813 shooting in 40 games (18.5 MPG).

Because he has four years of NBA service under his belt, Jackson is ineligible to sign another two-way contract, so his qualifying offer will be worth the minimum salary. However, it only needs to be partially guaranteed for the equivalent of a two-way salary (likely around $463K).

The Pistons have two more players eligible for restricted free agency this offseason. I’d expect one of those players – Saben Lee – to get a qualifying offer before this weekend’s deadline, but the other – Dennis Smith Jr. – will likely become an unrestricted free agent.

Nuggets’ JaMychal Green Declines Contract Option

July 23rd, 2021 at 5:03pm CST by Dana Gauruder

Nuggets forward JaMychal Green is headed to unrestricted free agency this summer. He’s declining the $7.56MM option on the final year of his contract, Shams Charania of The Athletic tweets.

The 31-year-old Green appeared in 58 regular-season games this past season, including five starts, and averaged 8.1 PPG and 4.8 RPG in 19.3 MPG. He also averaged 5.4 PPG and 5.2 RPG in 19 MPG during the postseason. He missed the first five games of the season with a calf strain.

Green has also played for the Clippers, Grizzlies and Spurs.

The Nuggets became a hard-capped team after signing Green with the mid-level exception last offseason. The mid-season acquisition of Aaron Gordon ate into his playing time.

Green might be taking a bit of a gamble, considering he’s been mainly a second-unit contributor much of his career. However, he’s a solid rotation player and could now find a new home where he might receive a bigger opportunity.

Cavs Make Jarrett Allen Restricted Free Agent

July 23rd, 2021 at 4:20pm CST by Dana Gauruder

To no one’s surprise, the Cavaliers have extended a qualifying offer to center Jarrett Allen, making him a restricted free agent, Chris Fedor of the Cleveland Plain Dealer reports.

The QO is worth just over $7.7MM with a cap hold of $11.73MM.

Cleveland acquired Allen in the multi-team James Harden blockbuster with the intention of locking him into a multi-year deal during the offseason. The addition of Allen led the Cavs to bench and eventually buy out Andre Drummond, who will be an unrestricted free agent this summer.

Allen will one of the more attractive names on the restricted free agent market, but a suitor will likely have to deliver a giant offer sheet to him to make the Cavs think twice about matching it.

The 23-year-old Allen averaged 13.2 PPG, 9.9 RPG and 1.4 BPG in 51 games after the trade. Cleveland is expected to retain Allen even if uses the No. 3 pick in next week’s draft on the top big man prospect, USC’s Evan Mobley.

Cavs’ Hartenstein Declines Player Option, Will Be Free Agent

July 23rd, 2021 at 9:46am CST by Luke Adams

Cavaliers big man Isaiah Hartenstein has decided not to exercise his player option for the 2021/22 season and will become a free agent, reports Shams Charania of The Athletic (via Twitter). The minimum-salary option would’ve paid Hartenstein about $1.76MM.

Multiple reports in June indicated that Hartenstein was expected to opt out, so his decision doesn’t come as a surprise. Those reports also suggested that the 23-year-old was a good bet to work out a new deal with the Cavaliers rather than leaving Cleveland for a new team.

Hartenstein is eligible for restricted free agency, which will give the Cavs some control over the process and increases the likelihood that he sticks around. The team will have to issue a qualifying offer worth about $2.03MM to avoid having him become an unrestricted free agent.

Hartenstein began the 2020/21 season in Denver, but played limited minutes with the Nuggets and was sent to Cleveland as part of the JaVale McGee trade at the March deadline. In 16 games with the Cavs, Hartenstein recorded 8.3 PPG, 6.0 RPG, 2.5 APG, and 1.2 BPG in 17.9 minutes per contest. All of those averages would’ve been career highs.

The Cavs’ frontcourt figures to undergo some changes this offseason, whether or not Hartenstein returns. Like Hartenstein, Jarrett Allen will be eligible for restricted free agency, though Cleveland is expected to bring him back. Kevin Love is considered very available in trade talks, and the club may end up adding big man Evan Mobley with the No. 3 pick in the draft.

Lakers Extend Qualifying Offer To Talen Horton-Tucker

July 22nd, 2021 at 5:26pm CST by JD Shaw

The Lakers have issued a $1.89MM qualifying offer to Talen Horton-Tucker, allowing him to enter restricted free agency, the team announced. Los Angeles will have the right to match any offer sheet Horton-Tucker signs with another club.

Horton-Tucker, 20, recently concluded his second season with the Lakers. He held per-game averages of nine points, 2.8 assists and 2.6 rebounds, playing 20.1 minutes per contest. He also shot 46% from the floor and just 28% from behind the arc.

In addition to Horton-Tucker, the Lakers will see Dennis Schroder, Andre Drummond, Alex Caruso, Wesley Matthews, Markieff Morris, Jared Dudley and Ben McLemore enter free agency — they’ll all be unrestricted. Big man Montrezl Harrell holds a $9.72MM player option for next season.

The Lakers were eliminated in the first round of the playoffs by the Suns this spring — less than a year removed from winning their first title since 2010. The team dealt with numerous injuries this season, finishing with the seventh-best record in the West at 42-30.

Hawks Issue Qualifying Offer To John Collins

July 22nd, 2021 at 12:23pm CST by Luke Adams

The Hawks have issued a qualifying offer to big man John Collins, officially making him a restricted free agent, reports Shams Charania of The Athletic (Twitter link).

That qualifying offer is a formality to ensure that Collins doesn’t become an unrestricted free agent. Although a qualifying offer technically represents a one-year contract offer, Atlanta’s 23-year-old forward/center is very unlikely to accept his QO, since he’s in line for a much more lucrative long-term deal.

Because he met the starter criteria earlier this year, Collins’ qualifying offer will be worth about $7.7MM. As long as it remains on the table, the Hawks will retain the right of first refusal, giving them the ability to match any offer sheet Collins signs.

Collins saw his numbers dip a little during the regular season in 2020/21, but he still put up an impressive 17.6 PPG and 7.4 RPG on .556/.399/.833 shooting in 63 games (29.3 MPG) and played a key role in helping Atlanta reach the Eastern Conference Finals.

Having reportedly turned down a four-year, $90MM+ extension from the Hawks last offseason, Collins figures to receive bigger offers as a restricted free agent, from Atlanta and other teams. There’s a sense that the Hawks will be reluctant to go all the way up to the max for Collins, but a rival suitor could force their hand with an aggressive offer sheet.

Assuming a 3% cap increase, a team looking to lure Collins away from Atlanta this offseason could offer a four-year contract worth up to nearly $121MM.

Will Barton To Decline Player Option

July 17th, 2021 at 4:58pm CST by Arthur Hill

Nuggets swingman Will Barton will opt out of his $14.7MM salary for next season, tweets Shams Charania of The Athletic. Both sides hope a new deal can be reached in free agency, Charania adds.

Today was the deadline for a decision from Barton, who has been in Denver since being acquired in a trade with Portland midway through the 2014/15 season. He is the longest-tenured player on the Nuggets’ roster and will be an offseason priority for president of basketball operations Tim Connelly, according to ESPN’s Adrian Wojnarowski (Twitter link).

Denver owns Bird rights on Barton and will be able to exceed the cap to re-sign him, notes Bobby Marks of ESPN (Twitter link). Even without Barton on the books, the Nuggets project to be over the cap for next season when taking into account the team’s first-round draft pick and a possible $7.6MM salary for JaMychal Green, whose player option decision is due by July 26.

Barton, 30, suffered a late-season hamstring injury that limited his availability in the playoffs. He appeared in 56 regular season games and averaged 12.7 points, 3.2 rebounds and 4.0 assists while shooting a career best 38.1% from three-point range.

Keep up with all the offseason decisions on player options here.

Kevon Looney Opting In For 2021/22 Season

June 29th, 2021 at 11:57am CST by Arthur Hill

Warriors big man Kevon Looney is picking up his $5.1MM option for next season, tweets ESPN’s Adrian Wojnarowski.

The 25-year-old averaged 4.1 points and 5.3 rebounds this season as a part-time starter. He split time in the starting lineup with rookie center James Wiseman and took over the job after Wiseman was injured in April.

Looney has spent six years with Golden State after being taken with the 30th pick in the 2015 draft. He’s a 56.6% shooter from the floor in his career and played significant minutes on the Warriors teams that reached the NBA Finals for five straight seasons.

Looney’s player option was the only one facing the team for 2021/22.

Spencer Dinwiddie To Decline Player Option

June 20th, 2021 at 9:21am CST by Arthur Hill

Nets guard Spencer Dinwiddie plans to decline his $12.3MM player option for next season and become a free agent, tweets ESPN’s Adrian Wojnarowski. His deadline to make an official decision is Monday.

Dinwiddie suffered a partially torn ACL early this season that limited him to three games. The 28-year-old has spent the past five seasons with Brooklyn and posted his best career numbers in 2019/20, averaging 20.6 points, 3.5 rebounds and 6.8 assists per night.

Keeping Dinwiddie may not be in the Nets’ plans because of their huge financial commitment to Kevin Durant, James Harden and Kyrie Irving. Brooklyn also has five other free agents to address this summer, including Bruce Brown, Jeff Green and Blake Griffin, who all played important roles during the postseason.

There should be a strong demand for Dinwiddie on the free agent market, and ESPN’s Bobby Marks suggests his future could depend on what fellow free agents Kyle Lowry and Dennis Schroder decide to do. With the Heat, Bulls and Knicks all needing point guard help, at least one of those teams could make an offer to Dinwiddie.

Brooklyn could consider a sign-and-trade deal involving Dinwiddie, but that may require the team to take back salary, which would inflate its luxury tax payment, Marks adds. He notes that the Nets already have a projected $53.4MM tax bill for next season, which would double if they add another $12MM to their payroll.

However, the team is also limited is what it can do to acquire new talent, so it may not want to let Dinwiddie leave without getting something in return. Marks notes that tax-paying teams received a break this season because of the decline in BRI (basketball-related income) caused by the pandemic. A similar tax break next season could influence the Nets’ thinking with Dinwiddie.

Another possibility Marks raises is to find a team this summer that’s willing to trade for veteran center DeAndre Jordan without sending any salary back to Brooklyn. That would likely cost the Nets their first-round pick in this year’s draft. Jordan wasn’t used in the postseason and still has two years and nearly $20MM left on his contract.

Photo courtesy of USA Today Sports Images.