Transactions Rumors | Hoops Rumors

Raptors Trade Terence Davis To Kings

March 25th, 2021 at 9:30pm CST by Dana Gauruder

9:30pm: The Davis deal is official, per an official Kings press release.

“Terence is a talented young player that adds depth and scoring ability to our backcourt,” GM Monte McNair said. “We are excited to see what he brings to Sacramento.”

1:55pm: The Kings and Raptors have agreed to a trade that will send second-year guard Terence Davis to Sacramento in exchange for a future second-round pick, reports ESPN’s Adrian Wojnarowski (Twitter link). The second-rounder will be the Grizzlies’ second-rounder that was owed to the Kings in this year’s draft, Blake Murphy of The Athletic tweets.

Sacramento will need to clear a roster spot for Davis. It must do the same in its reported 2-for-1 deal with Miami that will send Nemanja Bjelica to the Heat for Maurice Harkless and Chris Silva.

The undrafted Davis, who played college ball at Ole Miss, made a surprisingly strong debut for the Raptors last season. He averaged 7.5 PPG, 3.3 RPG and 1.6 APG in 16.8 MPG while appearing in 72 regular-season contests. He has been less effective this season in 34 appearances, averaging 6.9 PPG, 1.9 RPG and 1.1 APG in 14.5 MPG.

The Kings can make him a restricted free agent this offseason by extending a qualifying offer of $2.06MM. They can evaluate how Davis fits into their future plans over the next two months.

Davis had a tumultuous offseason in which he was arrested in New York and had domestic assault charges filed against him. A handful of the seven charges against Davis were dismissed. The judge in the case technically granted an “adjournment in contemplation of dismissal” for criminal mischief and endangering the welfare of a child, which means those charges will also be dropped as long as the he doesn’t run afoul of the law again for the next year.

Clippers, Hawks Swap Rajon Rondo, Lou Williams

March 25th, 2021 at 8:35pm CST by Luke Adams

8:34pm: The exchange of Williams and Rondo is now official, per press releases from the Clippers and Hawks.

“Being able to acquire a respected veteran in Lou Williams, one of the best scorers and playmakers off the bench in league history, and two second-round picks accomplished a couple of the goals we had,” Hawks team president Travis Schlenk said in a statement.

“We could not be more excited to welcome Rajon to the Clippers,” Clippers team president Lawrence Frank said. “He is a proven winner, a relentless competitor, and one of the most skilled orchestrators of his era. We believe he will elevate our group and continue to propel us forward.”

The Clippers clarified in their announcement that the 2023 second-rounder headed to Atlanta in the deal is Portland’s pick.

1:32pm: The Hawks and Clippers have reached an agreement to swap Williams and Rondo, according to ESPN’s Adrian Wojnarowski (Twitter link).

Atlanta will also acquire a pair of second-round picks and cash in the deal, sources tell Charania and Amick (Twitter link). It’ll be a homecoming for Williams, who won’t be flipped to a third team, tweets Charania.

According to Chris Kirschner of The Athletic (Twitter link), the second-rounders going to Atlanta are 2023 and 2027 picks. That ’27 selection will be L.A.’s own. The Clippers control Portland’s 2023 second-rounder in addition to their own, so it’s not clear which of those picks the Hawks are getting.

1:30pm: Lou Williams has been discussed in the Clippers/Hawks negotiations, according to Charania and Sam Amick of The Athletic (Twitter link), who indicate that Williams could end up in Atlanta or be re-routed to a third team.

Williams is on an $8MM expiring contract.

1:27pm: The Clippers and Hawks are engaged in serious discussions about a deal that would send Rajon Rondo back to Los Angeles, according to Shams Charania of The Athletic (Twitter link). ESPN’s Brian Windhorst reported earlier today that the Clippers were eyeing Rondo.

Rondo, 35, signed a two-year, $15MM contract with Atlanta in the offseason after spending the previous two seasons with the Lakers, winning a championship with the team in 2020.

However, his numbers have dipped since joining the Hawks, as he’s averaged a career-low 3.9 points and 3.5 assists per game in just 14.9 minutes per contest. He has also been limited to 27 games due to injuries.

Despite his declining production, Rondo could still be an asset for a team like the Clippers that has been scouring the market for a play-making guard to complement its two star forwards, Kawhi Leonard and Paul George.

If the Clippers swing a deal for Rondo, they’ll have to send out some salary. As Bobby Marks of ESPN notes (via Twitter), the point guard’s salary is $7.5MM and the Clippers have just $2.6MM in breathing room below their hard cap.

Photo courtesy of USA Today Sports Images.

Kings Trade Nemanja Bjelica To Heat

March 25th, 2021 at 8:06pm CST by Luke Adams

8:06pm: The trade for Bjelica is now official, per a Heat press release.

11:46am: The Heat and Kings are finalizing a trade that will send forward Nemanja Bjelica to Miami, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Sacramento will receive Maurice Harkless and Chris Silva in the deal, Woj adds (via Twitter).

The Heat have been linked to the stretch four for several weeks. They could have fit Bjelica’s $7.15MM salary into a $7.5MM trade exception, which expired on Monday. Instead, Heat president Pat Riley opted to send out players in order to stay below the luxury tax line. Harkless has an expiring $3.623MM contract and Silva is making $1.52MM. There’s a $1.78MM team option attached to Silva’s contract for next season.

As ESPN’s Bobby Marks notes (Twitter link), Miami stays $3.3MM below the tax line and also opens up a roster spot in the two-for-one transaction. Sacramento will have to waive or trade a player to accommodate the extra incoming player.

Bjelica’s role was greatly diminished this season as the new front office and coach Luke Walton made Marvin Bagley III the starter at power forward following an injury-plagued season until he fractured his hand this month.

The 32-year-old Serbian has only appeared in 26 games this season, averaging 7.2 PPG and 3.8 RPG. He had a career year last season, averaging 11.5 PPG and 6.4 RPG in 72 games, including 67 starts. He’s a career 38.7% shooter from 3-point range.

Bjelica’s 3-point threat will likely make him a rotation player for the Heat the remainder of this season. They can then decide whether to re-sign the unrestricted free agent or let him walk to create additional cap flexibility. They’ll have his Bird rights and can go over the cap to re-sign him.

Harkless and Silva only appeared in 11 games apiece this season. They’ll get a fresh start in Sacramento, unless the Kings opt to waive one or both of them.

Photo courtesy of USA Today Sports Images.

Sixers Acquire George Hill In Three-Team Trade

March 25th, 2021 at 7:15pm CST by Luke Adams

7:15pm: The trade is now official, according to press releases from the Sixers and Knicks. The deal breaks down as follows:

Sixers acquire Hill and Brazdeikis.
Thunder acquire Bradley, Rivers, the Sixers’ 2025 second-round pick, and the Sixers’ 2026 second-round pick.
Knicks acquire Ferguson, Poirier, the Sixers’ 2021 second-round pick, the Heat’s 2024 second-round pick (top-55 protected; from Sixers), and the draft rights to Emir Preldzic (from Sixers).

The Knicks’ acquisitions of the Heat’s protected 2024 second-rounder and Preldzic’s rights weren’t reported earlier, but neither is a difference-making asset, as the pick will only be conveyed if it falls between 56-60 and Preldzic is unlikely to ever play in the NBA.

New York will waive Poirier now that the deal is official, as we relayed earlier.

11:52am: The Sixers, Thunder, and Knicks are finalizing a trade that will see George Hill land in Philadelphia, according to reports from Shams Charania of The Athletic and Adrian Wojnarowski of ESPN (all Twitter links).

The Thunder are receiving Tony Bradley and Austin Rivers, according to Wojnarowski, who says Philadelphia will send Terrance Ferguson to New York and will acquire Ignas Brazdeikis from the Knicks (Twitter link). Vincent Poirier will join Ferguson in heading from Philadelphia to New York, tweets Kyle Neubeck of PhillyVoice.

The Sixers are also sending a pair of second-round picks to Oklahoma City, per Wojnarowski, who tweets that those second-rounders will be Philadelphia’s own in 2025 and 2026. Meanwhile, Steve Popper of Newsday reports (via Twitter) that the Knicks are acquiring Philadelphia’s own 2021 second-rounder.

While the 76ers were viewed as one of the top suitors for Kyle Lowry, it appears they’ve opted to go in a different – and less costly – direction, addressing the point guard position by acquiring Hill, a steady veteran who has a ton of postseason experience.

The 34-year-old Hill averaged 11.8 PPG and 3.1 APG with a .508/.386/.840 shooting line in 14 games (26.4 MPG) for the Thunder before he was sidelined by a thumb injury. It’s not clear how much more time he’ll miss, but a report this week indicated he’s out of his cast and is working toward a return. Presumably, Philadelphia is confident about his ability to contribute down the stretch.

Hill’s $10MM salary for the 2021/22 season only has a small ($1.28MM) partial guarantee, so the Sixers will have some flexibility during the offseason as they consider whether or not to hang onto him.

As for the Thunder and Knicks, the two rebuilding clubs will add to their ever-growing collections of draft picks in this deal. Ferguson and Poirier probably aren’t in New York’s plans, but the two players headed to Oklahoma City are a little more intriguing.

Bradley, who is eligible for restricted free agency, had 18 points and 11 rebounds in his final game as a Sixer on Tuesday, while Rivers has been a rotation player for playoff clubs in the past and is on a team-friendly contract, with non-guaranteed cap hits of $3.33MM in 2021/22 and $3.15MM in ’22/23.

Photo courtesy of USA Today Sports Images.

Celtics Trade Daniel Theis To Bulls In Three-Team Deal

March 25th, 2021 at 6:27pm CST by Luke Adams

6:27pm: The trade is now official, per a press release from the Wizards.

2:57pm: Ryan McDonough of Radio.com provides the full details on the trade, explaining (via Twitter) that it’ll be folded into the previously-reported Bulls/Wizards swap that involved Wagner. The breakdown is as follows, per McDonough:

The Bulls will receive Theis, Green, Troy Brown, $1.3MM in cash from the Celtics, and $250K in cash from the Wizards.
The Celtics will receive Kornet and Wagner.
The Wizards will receive Daniel Gafford and Chandler Hutchison.

The C’s will end up $950K below the tax line as a result of their series of moves, tweets Marks.

2:31pm: The Celtics and Bulls have agreed to a deal that will send Daniel Theis to Chicago and Moritz Wagner to Boston, according to ESPN’s Adrian Wojnarowski (Twitter links). K.C. Johnson of NBC Sports Chicago first reported the talks between the two teams (Twitter link).

According to Johnson and Mark Murphy of The Boston Herald (Twitter links), Jeff Teague and Javonte Green were also discussed leading up to the deadline, with the possibility of a third team joining the mix. Teague will be sent to Orlando as part of the Evan Fournier trade and will subsequently be waived, per Josh Robbins and Jared Weiss of The Athletic.

It’s not clear if a third team will take on Green or if he’ll be end up going to the Bulls, but the Celtics are believed to be acquiring Luke Kornet from Chicago in the deal, tweets Murphy.

The move will get the Celtics get out of luxury tax territory following their acquisition of Fournier, as Bobby Marks of ESPN tweets. Meanwhile, it gives the Bulls a solid backup center following their earlier deal for Nikola Vucevic.

Thunder Release Meyers Leonard

March 25th, 2021 at 6:08pm CST by Luke Adams

6:08pm: Thunder GM Sam Presti has announced that the team has officially released Leonard, via a team press release.

4:17pm: The Thunder have waived veteran center Meyers Leonard, according to Shams Charania of The Athletic (Twitter link).

The move had been expected, as the Thunder only acquired Leonard in last week’s Trevor Ariza trade for salary-matching purposes. Oklahoma City kept him on the roster in case his $9.4MM salary proved useful in another deadline deal, but with the deadline now behind us, it didn’t take long for them to officially part ways with him.

Leonard is out for the season with a shoulder injury and was recently fined and suspended for using an anti-Semitic slur during a video game live stream. While his salary for this season is guaranteed, his $10.15MM salary for 2021/22 is a team option and has long been viewed as a lock to be declined. The Thunder won’t be on the hook for any of next season’s money.

The move will temporarily open up a spot on Oklahoma City’s roster, but it’ll be filled in the team’s two-for-one deal involving George Hill. With Hill and Leonard heading out, the Thunder are adding Tony Bradley and Austin Rivers.

Knicks Will Waive Vincent Poirier

March 25th, 2021 at 5:44pm CST by Alex Kirschenbaum

After acquiring him in a larger three-team deal, the Knicks will be waiving former Sixers center Vincent Poirier, Adrian Wojnarowski of ESPN tweets.

New York also will have gained a 2021 second-round pick and former Thunder swingman Terrance Ferguson from Philadelphia in the trade.

During his second NBA season, Poirier failed to crack Philadelphia’s big man rotation. This year, the 27-year-old seven-footer is averaging just 3.9 MPG across a scant 10 games, even with All-Star center Joel Embiid absent recently due to a bone bruise in his left knee.

Releasing Poirier will give New York an open roster spot, as Ian Begley of SNY observes (via Twitter). That roster spot may not stay open for long, however.

The Knicks may still be very much in the hunt for a new center on the buyout market, as Stefan Bondy of the New York Daily News reports that New York’s relatively quiet maneuvering at the deadline gives them plenty of available capital. As we relayed earlier today, the team could be looking to add Cavaliers center Andre Drummond, who is reportedly working towards a buyout with Cleveland.

Photo courtesy of USA Today Sports Images.

Spurs Buy Out LaMarcus Aldridge

March 25th, 2021 at 5:33pm CST by Arthur Hill

5:33pm: The amount of Aldridge’s buyout was actually $5.8MM, per Wojnarowski (via Twitter). While that’s not quite as high as Charania’s report suggested, it’s still a significant amount, considering he only had about $8.5MM left on his deal, tweets ESPN’s Bobby Marks.

4:31pm: Aldridge gave back $7.25MM in his buyout agreement with the Spurs, tweets Charania. That’s a sizeable portion of the money that was left on his $24MM expiring salary and more than players typically give up as part of a buyout.

Charania notes that the Trail Blazers will be in the mix to sign Aldridge, though he reiterates that Miami is the frontrunner.

4:08pm: The Spurs have completed their buyout with Aldridge and have placed him on waivers, according to Shams Charania of The Athletic (Twitter link). He’ll be able to sign with a new team as of Saturday evening.

2:47pm: LaMarcus Aldridge is negotiating a buyout with the Spurs, tweets Chris Haynes of Yahoo Sports.

San Antonio decided two weeks ago to part with the veteran big man, who is in his sixth season with the team. Aldridge lost his starting job earlier this year and saw his minutes reduced to 25.9 per game. He hasn’t played since March 1.

Aldridge will likely have to give up some of his $24MM salary to secure his freedom from the Spurs. The Heat are considered the favorites to sign Aldridge once he clears waivers, but he plans to talk with several teams before making a decision, according to ESPN’s Adrian Wojnarowski (Twitter link).

Photo courtesy of USA Today Sports Images.

Trail Blazers Acquire Norman Powell From Raptors

March 25th, 2021 at 5:07pm CST by Arthur Hill

5:07pm: The trade sending Powell to Portland is official, according to a team press release. Raptors team president Masai Ujiri lauded Powell’s contributions to Toronto in a statement.

“Norman accomplished so much with the Raptors,” Ujiri said in part. “Norman is an NBA Champion, and he has earned his place as one of the great success stories in franchise history.”

11:52am: The Raptors will send Norman Powell to the Trail Blazers in exchange for Gary Trent Jr. and Rodney Hood, tweets ESPN’s Adrian Wojnarowski.

Portland won the bidding war for Powell, who is expected to turn down an $11.6MM player option for next season and become a free agent. He will add another scoring option to a Blazers team that already has Damian Lillard and CJ McCollum in the backcourt.

It was reported that roughly half the league had called Toronto to inquire about Powell, who is having a career-best season at 19.5 PPG.

The Raptors opted for financial flexibility in the deal. Hood, 28, has a $10.86MM contract for next season that is non-guaranteed until June 23. Hood’s playing time has dropped off sharply this season and he’s shooting just 29.8% from beyond the arc.

Trent is making $1.66MM and will be a restricted free agent this summer if Toronto makes a $2.12MM qualifying offer. The third-year swingman became a part-time starter this season and is averaging a career-high 15.0 PPG. He has knocked down 40.7% of his three-point attempts over the last two seasons.

Since the Raptors will have the right to match any offer Trent receives, the team should have an easier time retaining him than it would have with Powell, who will be unrestricted. Trent’s cap hold will also be just $2.12MM, as Bobby Marks of ESPN notes (via Twitter), allowing the Raptors to open up more cap room.

Portland generates a $1.7MM trade exception in the deal, tweets Marks. Bird rights will accompany Powell and Trent, so their new teams can go over the cap to re-sign them.

Photo courtesy of USA Today Sports Images.

Magic Trade Nikola Vucevic To Bulls

March 25th, 2021 at 4:37pm CST by Luke Adams

4:37pm: The trade sending Vucevic to Chicago is official, according to a press release from the Magic.

“Anytime you trade a player like Nikola, it is a tough decision to make,” president of basketball operations Jeff Weltman said in a statement. “‘Vooch’ will go down as one of the best players to ever wear a Magic uniform and we can’t thank him enough for all the contributions he made to the organization, both on and off the court.”

10:05am: The Magic are trading All-Star center Nikola Vucevic and veteran forward Al-Farouq Aminu to the Bulls, reports ESPN’s Adrian Wojnarowski (all Twitter links).

According to Wojnarowski, Orlando will receive Wendell Carter, Otto Porter, and a pair of future first-round picks in the deal. Those picks will be the Bulls’ own 2021 and 2023 first-rounders, Woj adds (via Twitter). Both will be top-four protected, per Shams Charania of The Athletic and K.C. Johnson of NBC Sports Chicago (Twitter links).

The agreement comes as a major surprise. While Vucevic has been mentioned in some trade rumors in the weeks leading up to the deadline, he had talked about being happy with his current situation, and there was a belief that the Magic were reluctant to move their lone All-Star and shift into full-fledged retooling mode. Wojnarowski (Twitter link) had reported earlier today that Orlando was still listening to offers for the big man, but would have to receive a substantial package to pull the trigger on a deal.

The Magic apparently believe the Bulls’ offer qualifies as substantial. In addition to the future first-round picks, which are the prized assets in the return, Orlando will also receive a former lottery pick in Carter who was highly regarded coming out of Duke and is still just 21 years old. Carter has been plagued by injury issues through his first three NBA seasons and his production hasn’t really increased since his rookie year, but he’s still viewed as a player with upside.

Orlando will also gain some longer-term salary relief in the trade. While Porter is earning more ($28.5MM) this season than any of the other three players involved in the swap, his contract will expire this summer. Vucevic is owed and Aminu are owed a combined $34MM+ next season, and Vucevic is under contract for one more year beyond that, so the Magic will have much more cap flexibility going forward.

The move also signals that Aaron Gordon is even more likely to be dealt today, with the Magic headed for a reset. The odds of the team moving Evan Fournier and/or Terrence Ross figure to increase as well. As Keith Smith of Yahoo Sports tweets, Orlando will boost the odds of landing a top pick in the 2021 draft by trading away veterans — that lottery pick, combined with the return of Jonathan Isaac and Markelle Fultz next season, could help accelerate the team’s rebuild.

The Bulls, meanwhile, weren’t among the teams listed as having significant interest in Vucevic in a report earlier this month, but decided to take a big swing and will add a second All-Star to a core headlined by Zach LaVine.

The team’s front office wanted to bring in a “productive, serious-minded veteran” to be a cornerstone in Chicago, according to Wojnarowski (Twitter link), and zeroed in on Vucevic, who has posted a career-high 24.5 PPG this season to go along with 11.8 RPG and 3.8 APG. His .406 3PT% is also a career-best mark.

Taking on Aminu’s multiyear contract will add some money to the Bulls’ cap in 2021, but the club was projected to have plenty of flexibility, so that shouldn’t be an issue. Vucevic’s contract is also relatively team-friendly — he’s making $26MM this season, but that number will decline to $24MM in 2021/22 and $22MM in ’22/23.

It will be interesting to see whether the Bulls have more up their sleeve before today’s deadline. The team has been taking calls to gauge Thaddeus Young‘s value, per Joe Cowley of The Chicago Sun-Times (Twitter link), and remains in the mix for Pelicans point guard Lonzo Ball, according to Wojnarowski (Twitter link).

It will take more than just Lauri Markkanen to acquire Ball, tweets Johnson. New Orleans may want Chicago to take on an unwanted multiyear contract, such as Eric Bledsoe‘s.

Photo courtesy of USA Today Sports Images.