Transactions Rumors | Hoops Rumors

Nuggets Sign Austin Rivers For Rest Of Season

April 30th, 2021 at 11:04am CST by Luke Adams

APRIL 30: The Nuggets have officially signed Rivers for the remainder of the season, the club confirmed today in a press release.

APRIL 29: The Nuggets and Austin Rivers have reached an agreement on a rest-of-season deal, which they’ll complete after his 10-day contract with the team expires on Thursday night, according to ESPN’s Adrian Wojnarowski (Twitter link).

As Mike Singer of The Denver Post explains (via Twitter), Rivers made a strong positive impression on the Nuggets’ coaching staff and front office during his first 10 days with the team. As a result, Denver will forgo a second 10-day contract for the veteran guard in favor of a rest-of-season commitment.

Rivers, who has been thrown into the deep end with guards Jamal Murray (ACL) and Will Barton (hamstring) both on the shelf, has averaged 24.2 minutes per game in his first five appearances with the Nuggets.

The 28-year-old’s numbers so far have been modest – 5.2 PPG, 2.0 RPG, 2.0 APG, and .345/.167/.750 shooting – but his career track record suggests he’s capable of more. He posted 7.3 PPG on .430/.364/.714 shooting in 21 games (21.0 MPG) with the Knicks earlier this season.

Assuming Rivers’ new contract is formally completed on Friday, it should pay him about $270K for the rest of the season. Denver would have a cap hit of approximately $189K.

With Rivers in the fold, the Nuggets have a full 17-man roster, so barring any cuts over the next couple weeks, they appear prepared to enter the postseason with their current group.

Photo courtesy of USA Today Sports Images.

Clippers Sign Yogi Ferrell To Multiyear Deal

April 29th, 2021 at 1:58pm CST by Luke Adams

1:58pm: The Clippers have officially announced their new multiyear deal with Ferrell.

1:20pm: The Clippers will bring back Yogi Ferrell after his 10-day contract with the club expired on Wednesday night, reports Adrian Wojnarowski of ESPN (Twitter link). According to Wojnarowski, Ferrell will sign a rest-of-season deal that includes a non-guaranteed salary for 2021/22.

Ferrell, who will turn 28 in May, signed a 10-day contract with the Clippers on April 29 and appeared in three games with the team over the course of those 10 days. The veteran point guard played well in a limited role, averaging 4.7 points and 3.3 assists with a .400/.500/1.000 shooting line in 9.7 minutes per contest. He didn’t commit a single turnover in those three games.

While Ferrell likely won’t have a role in the postseason, he’ll be an important depth piece down the stretch for the Clippers as long as Patrick Beverley (hand) remains sidelined.

The former Indiana Hoosier, who made his NBA debut in 2016, spent time with the Nets, Mavericks, Kings, and Cavaliers before arriving in Los Angeles. He also played in this year’s G League bubble at Walt Disney World, averaging 15.4 PPG and 4.0 APG in 14 games (28.3 MPG) for the Salt Lake City Stars, Utah’s NBAGL affiliate.

Once Ferrell’s new deal has been officially completed, the Clippers will have a full 15-man roster, with both two-way slots occupied as well. Unless a player with a guaranteed salary is released between now and the end of the regular season, the current group figures to be the one the team carries into the playoffs.

Rondae Hollis-Jefferson Signs With Blazers For Rest Of Season

April 28th, 2021 at 1:45pm CST by Alex Kirschenbaum

APRIL 28: The Blazers have officially signed Hollis-Jefferson to a deal for the rest of the season, the team announced in a press release.

APRIL 27: With the second 10-day contract he signed with the Trail Blazers set to expire, defensive-oriented reserve forward Rondae Hollis-Jefferson will ink a deal that will keep him in Portland for the rest of the 2020/21 season, tweets Adrian Wojnarowski of ESPN.

Because a player is not permitted to sign a third 10-day deal with a team during the same season, it became decision time in a hurry for Portland.

Hollis-Jefferson was actually selected with the No. 23 pick by Portland out of Arizona in 2015, but the Trail Blazers traded him to the Nets before he ever suited up for them. He spent four seasons in Brooklyn before landing with the Raptors for the 2019/20 season.

The 26-year-old Jefferson has appeared in just five games (including one start) for the Trail Blazers this season, averaging a respectable 12.6 MPG, but the athletic forward could help shore up the club’s frontcourt with his ability to cover multiple positions on defense.

If Jefferson officially completes his new deal on Wednesday after his second 10-day expires tonight, he’ll make $245,031 over the course of the season’s final 19 days. Portland’s cap hit would be $210,895.

Photo courtesy of USA Today Sports Images.

Kings Sign Damian Jones To Multiyear Deal

April 28th, 2021 at 11:35am CST by Luke Adams

APRIL 28: Jones’ deal is now official, the Kings announced in a press release.

“Damian provides a defensive presence and has fit in nicely with our group,” general manager Monte McNair said in a statement. “We are excited to see his continued growth in Sacramento.”

The team also announced that Silva has been officially released, which accommodated the promotion of Chimezie Metu to the 15-man roster.

APRIL 27: Damian Jones‘ second 10-day contract with the Kings expired on Monday night, but the club won’t let him get away. According to ESPN’s Adrian Wojnarowski (via Twitter), Jones is signing a rest-of-season contract with Sacramento that will also cover the 2021/22 season.

Although the Kings have an open spot on their 15-man roster and don’t need to cut anyone to make room for Jones, they’ll waive forward Chris Silva, Wojnarowski adds.

Jones, 25, has played for more than half the teams in the Pacific this season, having started the year with Phoenix before he was released by the Suns in February. He later signed a pair of 10-day contracts with the Lakers, then joined the Kings for two more 10-day deals.

In total, Jones has appeared in 28 games (10.7 MPG) in 2020/21, averaging 3.1 PPG and 2.4 RPG with a .696 FG%. He had one of his best games of the season on Monday, putting up eight points and seven rebounds in a Kings win over Dallas.

As for Silva, he was acquired by the Kings in a deadline deal that sent Nemanja Bjelica to the Heat and never seemed to be in Sacramento’s future plans. He logged just nine total minutes across four games for the Kings, racking up more fouls (four) than points (two). He’ll become an unrestricted free agent if and when he clears waivers.

Once the Kings complete both transactions, they’ll still have one open spot on their 15-man roster, which they could use to complete another 10-day or rest-of-season signing.

Kings Promote Chimezie Metu To 15-Man Roster

April 28th, 2021 at 11:33am CST by Luke Adams

11:33am: Metu’s deal is for three years, meaning the Kings used some of their mid-level exception to complete the signing, tweets Jones.

Metu received about $700K for the rest of the season, according to ESPN’s Bobby Marks, who tweets that the following two years are non-guaranteed.

11:17am: Kings big man Chimezie Metu has spent all of 2020/21 on a two-way contract, but with just 19 days left in the regular season, Sacramento is signing him to a standard contract, promoting him to the 15-man roster, reports Jason Jones of The Athletic (Twitter link). The team has confirmed Metu’s new multiyear deal, announcing it in a press release.

“Chimezie has worked hard this season and done a terrific job to earn his place on the team,” Kings general manager Monte McNair said in a statement. “He provides toughness and energy to the group. We are happy to watch his career develop in a Kings uniform.”

Metu, 24, initially came to training camp in December on a non-guaranteed contract, and while he didn’t earn a spot on the 15-man roster to start the season, the Kings liked him enough to bring him back on a two-way deal after he cleared waivers.

Metu has since emerged as a regular rotation player, appearing in 28 games (10.1 MPG) and averaging 5.1 PPG and 2.5 RPG. The former USC standout missed a chunk of the season after breaking his wrist on February 14, but he has appeared in all but one game since returning to action on March 24.

The Kings had one open spot on their 15-man roster before promoting Metu. They also intend to waive Chris Silva, opening up another spot in order to sign Damian Jones to a rest-of-season contract. Once all those moves are official, Sacramento will have a full 15-man roster, with an open two-way slot.

Although the exact terms of Metu’s new multiyear deal are unclear for now, the Kings could theoretically use their mid-level exception to sign him to a contract that goes beyond 2021/22 and/or exceeds the minimum. If they do, it would be the second time this season they’ve used a portion of their mid-level on Metu — his non-guaranteed camp deal was a three-year pact that took $1.6MM out of Sacramento’s $9.26MM MLE.

Photo courtesy of USA Today Sports Images.

Raptors Sign Freddie Gillespie To Two-Year Deal

April 28th, 2021 at 10:54am CST by Luke Adams

10:54am: The Raptors have officially signed Gillespie, the team announced in a press release.

According to Blake Murphy of The Athletic (Twitter link), next season’s salary is non-guaranteed. It has a $50K partial guarantee trigger date at some point, then would become fully guaranteed if Gillespie makes the regular season roster.

8:33am: The Raptors are set to sign big man Freddie Gillespie to a new contract after his second 10-day deal expired on Tuesday night, according to Shams Charania and Blake Murphy of The Athletic (Twitter link). Gillespie will receive a two-year contract from Toronto, per The Athletic’s duo.

Gillespie, who has appeared in 10 games for the Raptors this month, has made a strong impression both on and off the court during his first 20 days with the club. He averaged 5.3 points, 3.6 rebounds, and 1.0 block per game in 16.0 minutes per contest, racking up five blocked shots in just 14 minutes of action during Monday’s victory over Cleveland.

Last offseason, the Raptors re-signed Chris Boucher and added Aron Baynes and Alex Len to shore up a frontcourt rotation that no longer included Serge Ibaka and Marc Gasol. However, Len was waived early in the season, Baynes is no longer in the rotation, and Boucher is injured, leaving Gillespie as the team’s current backup center behind another recent addition, Khem Birch.

Because the Raptors used their full mid-level exception to sign Baynes and Len and don’t have a bi-annual exception available this season, they’re limited to the minimum salary exception on Gillespie, meaning they couldn’t have offered him more than two years or more than the rookie minimum.

Assuming he finalizes his new deal today, Gillespie will earn $116,903 over the final 19 days of the regular season. His salary for 2021/22 will be $1,517,981, though that figure likely won’t be fully guaranteed.

The Raptors will have a full 15-man roster once they officially re-add Gillespie. The club does still have an open two-way contract slot that could be filled before the end of the regular season.

For more on Gillespie’s unorthodox journey to the NBA, be sure to read our feature on the former Baylor standout from earlier this year.

Photo courtesy of USA Today Sports Images.

Cavs Sign Jeremiah Martin To Two-Way Contract

April 28th, 2021 at 10:21am CST by Luke Adams

APRIL 28: The Cavaliers have officially signed Martin to his two-way deal, a source tells our JD Shaw (Twitter link).

APRIL 22: The Cavaliers intend to fill their open two-way slot by signing free agent guard Jeremiah Martin to a two-way contract, sources tell Shams Charania of The Athletic (Twitter link).

Cleveland promoted two-way player Lamar Stevens to the 15-man roster last week, and a report at the time suggested that the club would sign a new two-way player soon.

Martin, 24, spent part of the 2019/20 season on a two-way contract with Brooklyn, averaging 7.1 points and 2.0 assists in nine games (11.0 MPG) for the Nets. He joined Brooklyn’s G League affiliate, the Long Island Nets, for the ’20/21 bubble season and played well, recording 18.5 PPG, 5.1 APG, and 2.3 SPG in 15 contests (31.8 MPG).

Once his deal with the Cavs is official, Martin will join Brodric Thomas as the team’s players on two-way contracts.

Pelicans Sign Didi Louzada To Multiyear Contract

April 27th, 2021 at 2:44pm CST by Luke Adams

The Pelicans have officially signed draft-and-stash prospect Didi Louzada to a multiyear contract, the team announced today in a press release.

A report earlier in the month indicated that the two sides were finalizing a deal, so this move was expected. Will Guillory of The Athletic said last week that Louzada’s first NBA contract is expected to be a two-year deal, though that’s not yet confirmed.

Louzada, who most recently played in Australia with the Sydney Kings, was the No. 35 pick in the 2019 NBA draft. The Brazilian guard averaged 8.8 points and 3.4 rebounds per game in 20 contests (24.1 MPG) with Sydney this season, shooting 39.1% from the field and 26.4% from behind the arc.

The Pelicans had been carrying 13 players on their 15-man roster since Isaiah Thomas‘ 10-day contract expired on April 13. Because teams are only permitted to dip below 14 players on standard deals for up to two weeks at a time, today was the deadline for New Orleans to re-add a 14th man. The club still has one open roster spot.

Magic Sign Moritz Wagner, Cut Robert Franks

April 27th, 2021 at 9:40am CST by Luke Adams

9:40am: The Magic have officially signed Wagner, the team announced in a press release. Franks has been released early from his 10-day contract in order to open up the necessary roster spot.

9:00am: The Magic have agreed to sign free agent big man Moritz Wagner, reports Adrian Wojnarowski of ESPN (Twitter link). It’ll be a standard contract for Wagner rather than a 10-day deal, Wojnarowski adds.

Wagner, who turned 24 on Monday, has already played for three teams since being selected with the 25th overall pick in the 2018 draft. He spent his rookie year with the Lakers, was traded to the Wizards in the three-team Anthony Davis blockbuster in 2019, then was flipped to the Celtics at this year’s deadline in a three-team deal that also involved the Bulls. Boston subsequently waived Wagner.

A 6’11” forward/center, Wagner has averaged 6.5 PPG and 3.2 RPG in 122 career games (14.1 MPG) as a pro. While the German has some potential as a floor-stretching big man, his three-point shot has been unreliable since he entered the NBA — he has made just 30.2% of his outside attempts.

Having shifted into rebuilding mode, the Magic will see what they can get out of Wagner down the stretch as he presumably auditions for a spot on next year’s roster. It’s not clear yet whether or not Wagner’s deal with the Magic will cover multiple seasons, but even if it’s just a rest-of-season pact, he’d be eligible for restricted free agency this offseason.

Orlando doesn’t currently have an open 15-man roster spot, but has two players on 10-day deals. As we noted earlier today, Robert Franks‘ and Donta Hall‘s 10-day contracts run through Saturday and Sunday, respectively. If the Magic want to officially sign Wagner before this weekend, they could terminate one of those two contracts early (the player would still be paid for 10 days of service).

Clippers Sign DeMarcus Cousins For Rest Of Season

April 26th, 2021 at 3:50pm CST by Luke Adams

3:50pm: The Clippers have made it official, announcing that they’ve signed Cousins to a rest-of-season contract.

12:04pm: The Clippers will sign big man DeMarcus Cousins to a contract that covers the remainder of the 2020/21 season, league sources Chris Haynes of Yahoo Sports (Twitter link).

Cousins previously signed a pair of 10-day deals with Los Angeles. The second of those contracts expired on Sunday night, and a team isn’t permitted to sign a player to a third 10-day pact in the same season, so the Clippers would’ve had to let Cousins go if they weren’t willing to commit to him for the rest of the season.

Cousins, who began the season with the Rockets, has now appeared in eight games as a Clipper, averaging 6.3 points and 4.5 rebounds in just 11.5 minutes per contest. He’s making 48.8% shots so far in L.A., scoring far more efficiently than he did in Houston, where he was converting just 37.6% of his attempts from the floor. He has also drawn six charges on the defensive end.

Although Cousins isn’t playing a major role for the Clippers, he has fit in well so far and has been an important depth piece with Serge Ibaka (back) sidelined. Head coach Tyronn Lue believes there’s room for him to continue improving and to perhaps play a larger role, as Mirjam Swanson of The Southern California News Group writes.

“Once (Cousins) learns the plays and sets, understands what we’re trying to do defensively, getting in a little better shape, I think he definitely can (help),” Lue said. “We have a month left before the playoffs start, and for him to get a month of just understanding what we’re trying to run, what we’re doing, I think it’ll make us so much better.”

If Cousins officially signs his new deal today, it would pay him $368,903 for the rest of the season, with the Clippers taking on a $233,095 cap hit.

Photo courtesy of USA Today Sports Images.