Transactions Rumors | Hoops Rumors

Bucks Trade Torrey Craig To Suns

March 18th, 2021 at 11:19am CST by Alex Kirschenbaum

MARCH 18: The Bucks have officially sent Craig to Phoenix in exchange for cash considerations, according to the club (Twitter link).

MARCH 17: The Bucks will trade reserve small forward Torrey Craig to the Suns, per Adrian Wojnarowski of ESPN (Twitter link). John Gambadoro of Arizona Sports 98.7 FM tweets that the Suns are sending out cash considerations in the deal.

Milwaukee will not be getting a player in return from Phoenix in the agreement, Woj adds (via Twitter).

After spending his first three NBA seasons with the Nuggets, Craig signed a one-year, veteran’s minimum contract with the Bucks during the 2020 offseason.

Undrafted out of the University of South Carolina Upstate in 2014, Craig began his pro career in Australia, where he played for several NBL teams from 2014-2017. He signed a two-way deal with the Nuggets in 2017, and eventually earned his way onto Denver’s regular 15-man roster.

The defensive-oriented Craig, 30, played in just 18 games with the Bucks, averaging 11.2 MPG as an occasional perimeter defender off the bench. He did improve his three-point shooting this season, connecting on 36.4% of his 1.2 long-range attempts per night. He could help spell starting Suns wings Devin Booker and Mikal Bridges in a limited role.

Phoenix’s 26-12 record currently makes the team the No. 2 seed in the Western Conference, and if Craig can have a good showing as a reserve for a potential powerhouse, he could attract some interest when he returns to free agency this summer.

The Bucks have been active today with trades, having also agreed to send backup point guard D.J. Augustin and reserve power forward D.J. Wilson to the Rockets in exchange for forwards P.J. Tucker and Rodions Kurucs. That move also involves a series of draft picks and swaps.

Thanks to these two deals, the small-market Bucks are now $3.5MM below the hard salary cap, as Bobby Marks of ESPN notes (via Twitter). Milwaukee also now has two open roster spots, which could serve the team well in future trades or in the buyout market this season.

Photo courtesy of USA Today Sports Images.

Heat, Thunder Finalize Trevor Ariza Trade

March 17th, 2021 at 5:22pm CST by Luke Adams

5:22pm: The Heat have officially announced the deal (via Twitter). As had been expected, the Thunder announced in a press release that Leonard would remain away from the team.

“Leonard will not be reporting to Oklahoma City and will not be an active member of the organization,” the statement read in part.

Ira Winderman of the South Florida Sun Sentinel tweets that Ariza has been undergoing tests for the novel coronavirus COVID-19 in anticipation of a potential deal, and hopes to suit up for Miami as soon as Friday, when the Heat host the Pacers.

1:57pm: As expected, Leonard has signed off on the trade, confirms Tim Reynolds of The Associated Press (Twitter link).

1:32pm: The Heat and Thunder are finalizing a trade that will send forward Trevor Ariza to Miami in exchange for center Meyers Leonard and a 2027 second-round pick, reports Adrian Wojnarowski of ESPN (Twitter link).

As Wojnarowski notes, Leonard’s contract gives him the option of vetoing a trade, but he’s expected to sign off on the deal. Although the veteran big man likely won’t ever play for Oklahoma City, he’ll probably remain on the roster through the deadline in case he can be used in another deal, tweets Joe Mussatto of The Oklahoman.

After starting the 2019/20 season in Sacramento, Ariza was dealt to Portland and played well for the Trail Blazers, averaging 11.0 PPG and 4.8 RPG on .491/.400/.872 shooting in 21 games (33.4 MPG). However, he opted out of the summer restart, then was traded multiple times in the 2020 offseason, ultimately landing in Oklahoma City. Ariza and the Thunder reached an agreement to have him remain away from the team.

Since he’s 35 years old and has essentially spent a full calendar year out of the NBA, it’s unclear how much Ariza has left in the tank, but the Heat will pay a very modest price to find out.

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 $9.4MM 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. He’s just being included in the deal to sufficiently match Ariza’s $12.8MM expiring contract.

The real asset going to the Thunder in the swap is the future second-round pick, which was one of the only picks Miami had left available to trade. Even though they won’t actually receive it for another six years, the Thunder will be happy to add that 2027 selection to their ever-growing stash of draft assets, especially for a player who didn’t play a single game for the club.

Even after trading for Ariza, the Heat will have a handful of assets to pursue other deals prior to next Thursday’s deadline, including Andre Iguodala‘s and Kelly Olynyk‘s expiring contracts, a $7.5MM trade exception, and a handful of promising young players. Because they’re trading Leonard, they’ll lose the $4.7MM disabled player exception they received after he suffered his season-ending injury, as ESPN’s Bobby Marks observes (via Twitter).

Miami remains about $5.4MM below the tax line and still has approximately $10.6MM of breathing room below the hard cap, Marks adds (via Twitter).

If the Thunder don’t use one of their existing traded player exceptions to take on Leonard’s salary, they’ll create a new $3.4MM TPE in the deal. They could very well be active again before the deadline, with veterans like George Hill, Al Horford, and Mike Muscala among their potential trade candidates.

Photo courtesy of USA Today Sports Images.

Bucks Sign Axel Toupane To Two-Way Contract

March 15th, 2021 at 8:00am CST by Arthur Hill

MARCH 15: The Bucks officially signed Toupane to his two-way deal on Sunday, per a team press release.

MARCH 13: The Bucks will sign swingman Axel Toupane to a two-way contract, tweets Shams Charania of The Athletic.

The 28-year-old played for Santa Cruz during the just-completed G League season, averaging 17.9 points, 8.1 rebounds and 3.3 assists in nine games. He was in training camp with the Warriors before being waived in December.

Toupane has previous NBA experience, playing 21 games for the Nuggets during the 2015/16 season, and two games each for the Bucks and Pelicans in 2016/17. He had been playing overseas before joining the G League this year.

Milwaukee has a two-way slot open after waiving Jaylen Adams last week. A report prior to the All-Star break suggested that Myles Powell would fill that slot, but that deal was never made official.

Thunder Trade Hamidou Diallo To Pistons

March 13th, 2021 at 3:50pm CST by Dana Gauruder

MARCH 13: The trade is official, according to press releases from both teams.

MARCH 12: The Thunder are trading guard Hamidou Diallo to the Pistons for swingman Svi Mykhailiuk and a 2027 second-round pick, Adrian Wojnarowski of ESPN tweets. The future pick was originally acquired by Detroit from Houston in the Christian Wood sign-and-trade.

Diallo will be a restricted free agent with his qualifying offer projected to be worth approximately $2.1MM. However, the Pistons didn’t acquire Diallo to let him walk in free agency. They view him as a core piece, Wojnarowski reports in a separate tweet. Luguentz Dort‘s emergence made Diallo expendable, as Woj explains.

Mykhailiuk will also be a restricted free agent this summer. Currently, his QO is the same as Diallo’s.

The swap was executed by OKC general manager Sam Presti and his former assistant Troy Weaver, who was hired by Detroit last year as its GM and has nearly turned over the entire roster since then.

A second-round pick in 2018, Diallo has enjoyed a breakout season in his third NBA year with the Thunder. The 22-year-old is averaging 11.9 PPG, 5.2 RPG and 2.4 APG in 23.8 MPG. He’s a subpar 3-point shooter (career 26.2%) and free throw shooter (62.9%).

The 6’5” Diallo has a 7-foot wingspan and is extremely athletic, Omari Sankofa II of the Detroit Free Press tweets. He’s currently sidelined by right groin soreness and hasn’t played since February 24.

Mykhailiuk, who began his career with the Lakers three seasons ago, has a different skill set. He’s a career 36.9% 3-point shooter and has knocked down 11 in Detroit’s last three games. He dished out a career-high eight assists in a loss to Charlotte on Thursday.

Overall, the 23-year-old Mykhailiuk is averaging 6.9 PPG, 2.1 RPG and 1.6 APG in 17.6 MPG over 36 games this season.

Photo courtesy of USA Today Sports Images.

Cavaliers Sign Quinn Cook To 10-Day Deal

March 12th, 2021 at 1:07pm CST by Arthur Hill

MARCH 12: The Cavaliers have officially signed Cook to his 10-day contract, the club announced today in a press release.

MARCH 10: Free agent guard Quinn Cook will sign a 10-day contract with the Cavaliers, tweets Brian Windhorst of ESPN.

[RELATED: 10-Day Contract Tracker]

Cook, 27, spent the past season and a half with the Lakers before being waived last month. He got into 16 games this season, averaging 2.1 points in 3.9 minutes per night.

The Cavs will be the fifth team in five seasons for the former Duke star, who began his NBA career in Cleveland’s training camp in 2015, but wasn’t able to win a roster spot. He had brief stays with the Mavericks and Pelicans before winning a rotation role with the Warriors for two seasons.

The Cavaliers have an open roster spot, so no move will be necessary before signing Cook.

Rockets Sign Mason Jones To 10-Day Contract

March 12th, 2021 at 12:29pm CST by Luke Adams

12:29pm: The Rockets have officially signed Jones to a 10-day deal, the team announced in a press release.

9:48am: The Rockets are bringing back shooting guard Mason Jones on a 10-day contract, sources tell Shams Charania of The Athletic (Twitter link). Jones had been with Houston on a two-way deal, but was waived on Monday to make room for Anthony Lamb.

An undrafted rookie out of Arkansas, Jones held his own in a part-time role for Houston in the first half, averaging 5.5 PPG and 2.1 RPG on .437/.367/.651 shooting in 22 games (11.1 MPG).

He received more playing time than initially anticipated due to the number of Rockets players who were affected by the COVID-19 protocols or missed time due to injuries — his return is presumably related to ongoing health issues as well, since Eric Gordon suffered a strained groin on Thursday night. Jones will provide some added depth on the wing and could immediately reenter the rotation.

The signing of Jones doesn’t mean that a trade of P.J. Tucker or another roster move is imminent. Houston already has an open spot on its 15-man roster, so no corresponding move will be necessary to make room for the 10-day signing.

Jones will earn $61,528, a prorated portion of the rookie minimum, on his 10-day contract, while the Rockets will take on an identical cap hit.

Lakers Sign Damian Jones To Second 10-Day Deal

March 11th, 2021 at 12:41pm CST by Luke Adams

MARCH 11: The Lakers have officially re-signed Jones to a second 10-day deal, the team announced today in a press release. It’ll run through March 20, covering L.A.’s next five games.

MARCH 10: The Lakers intend to re-sign center Damian Jones to a second 10-day contract, sources tell Adrian Wojnarowski of ESPN (Twitter link).

Jones made a good impression during his first 10 days as a Laker prior to the All-Star Game, putting up eight points in eight minutes in his first appearance and earning a start in Sacramento last Wednesday. Head coach Frank Vogel said prior to the break that Jones should be “optimistic about what’s ahead of him,” hinting that the big man could get another 10-day deal.

The Lakers have two open spots on their roster, so no corresponding move will be necessary to bring back Jones. With the March 25 trade deadline fast approaching, the team may leave its final roster spot open to maximize its flexibility for possible trades or buyout targets.

Since the Lakers aren’t in action until Friday, Jones likely won’t be officially re-signed until then — that would allow his new 10-day deal to run through March 21, covering the club’s first six second-half games. The contract will pay him $119K, with a $111K cap hit, per ESPN’s Bobby Marks, who tweets that L.A. remains about $1.5MM below the hard cap.

A player can only sign two 10-day contracts with the same team during a season, so if the Lakers want to bring back after his next deal expires, they’d need to sign him for the rest of 2020/21. That’s probably only a likely outcome if the team misses out on its top trade and buyout targets.

Sindarius Thornwell Gets Second 10-Day Contract With Pelicans

March 10th, 2021 at 7:50pm CST by Arthur Hill

The Pelicans have signed guard Sindarius Thornwell to a second 10-day contract, the team announced on Twitter.

This is the third contract of the season for Thornwell, even though he has been with New Orleans virtually the entire time. He signed a non-guaranteed deal in training camp, then was waived last month to avoid having his $1.62MM cap hit locked in for the entire season.

Teams can only offer players two 10-day deals, so if the Pelicans want to keep Thornwell after this one expires, they’ll have to sign him for the rest of the season. Thornwell has appeared in 11 games so far, starting one, and averages 1.4 PPG in 4.8 minutes per night.

The former South Carolina star was a second-round pick in 2017 and spent his first two NBA seasons with the Clippers. He joined the Pelicans as a substitute player for the restart last summer, but only played two games in Orlando.

The signing leaves New Orleans with one open roster spot.

Raptors Sign Henry Ellenson To 10-Day Contract

March 10th, 2021 at 5:18pm CST by Luke Adams

5:18pm: The signing is official, the team announced in a press release.

10:11am: The Raptors will fill the open spot on their 15-man roster by signing free agent power forward Henry Ellenson to a 10-day contract, reports ESPN’s Adrian Wojnarowski (via Twitter).

Ellenson, who was in camp with Toronto in December, had been playing for the Raptors 905 in the G League bubble for the last month. Toronto’s NBAGL affiliate was eliminated from the postseason on Tuesday night, and it appears the Raptors are wasting no time in calling up the 24-year-old to the NBA club.

The 18th overall pick in 2016, Ellenson has appeared in a total of 81 NBA regular season contests for the Pistons, Knicks, and Nets, averaging just 4.0 PPG and 2.4 RPG in 9.2 minutes per game.

He has played a more regular role in the G League across 74 career NBAGL games. This season, he recorded 21.2 PPG and 8.1 RPG on .493/.427/.882 shooting in 15 games (30.6 MPG) as a key contributor for a Raptors 905 squad that earned the No. 1 seed heading into the single-elimination playoffs. The team was knocked out in the semifinals.

Ellenson, who received a $50K partial guarantee on his initial preseason deal with the Raptors, will earn approximately $119K on his new 10-day deal, with Toronto taking on a $111K cap hit, per ESPN’s Bobby Marks (Twitter link). He’ll fill the roster spot that was vacated when Donta Hall‘s 10-day deal with the club expired over the weekend.

Jazz Sign Ersan Ilyasova

March 10th, 2021 at 3:42pm CST by Luke Adams

MARCH 10: The Jazz have officially signed Ilyasova, according to NBA.com’s transactions log.

MARCH 9: Free agent power forward Ersan Ilyasova has agreed to a sign a rest-of-season, minimum-salary contract with the Jazz, sources tell Jordan Schultz of ESPN (Twitter link). According to Schultz, Ilyasova is expected to officially sign on Wednesday after completing the COVID-19 protocol.

Ilyasova, who made his NBA debut back in 2006, has appeared in over 800 regular season contests for the Bucks and five other teams. In 2019/20, he averaged 6.6 PPG and 4.8 RPG with a .466/.365/.828 shooting line in 63 games (15.7 MPG) for Milwaukee.

Last season’s 36.5% mark from three-point range matches Ilyasova’s career rate, and his ability to stretch the floor from the power forward spot has been valuable over the years. While he’s not the most switchable or versatile defender, the 33-year-old has shown an uncanny knack over the years for taking charges on the defensive end.

Utah has had plenty of success this season with a forward rotation that includes Bojan Bogdanovic, Joe Ingles, Royce O’Neale, and Georges Niang, so it’s unclear if Ilyasova will see action outside of garbage time or if he’ll simply provide some extra frontcourt depth.

The Jazz had been carrying 13 players on standard contracts since waiving Shaquille Harrison on February 24. Since the NBA allows teams to dip below the required 14-player minimum for only two weeks at a time, they needed to add a player before the second half got underway this week, as we detailed on Monday. After signing Ilyasova, Utah will still have an open spot on its 15-man roster, but won’t have to fill it immediately — or at all.

Ilyasova will earn $17,567 per day for the rest of the regular season, with Utah’s cap hit working out to $11,100 per day. The exact rest-of-season figures will depend on when he officially signs — assuming it happens on Wednesday, he’ll earn $1,194,542 with a cap charge of $754,783.

Photo courtesy of USA Today Sports Images.