Transactions Rumors | Hoops Rumors

Jared Dudley Signs One-Year Contract With Lakers

November 30th, 2020 at 5:57pm CST by Dana Gauruder

DECEMBER 1: The Lakers’ signing of Dudley is now official, per Brad Turner of the Los Angeles Times (Twitter link).

NOVEMBER 30: Veteran forward Jared Dudley will sign a one-year, veteran’s minimum contract with the defending champion Lakers, Adrian Wojnarowski and Zach Lowe of ESPN tweet.

Dudley’s interest in rejoining the Lakers was reported earlier this month. The veteran’s minimum this season is $2,564,753.

Dudley, 35, has bounced around the league but won a ring this summer in Orlando. He appeared in 45 regular-season games with the Lakers, averaging 1.5 PPG and 1.2 RPG in 8.1 MPG. He also saw action in nine postseason games but did not score.

He’s also played for the Suns, Hornets, Clippers, Bucks, Wizards and Nets during a journeyman career that has spanned 892 games.

He’s well-respected in the locker room and adds another veteran option for coach Frank Vogel.

Nets To Sign Elie Okobo

November 30th, 2020 at 5:35pm CST by Luke Adams

After being waived by the Suns a week ago, Elie Okobo has lined up a new deal, according to Alex Schiffer and Shams Charania of The Athletic, who report (via Twitter) that the free agent point guard is signing with the Nets.

While details of Okobo’s deal haven’t been reported, I’d expect a minimum-salary contract and I’d be surprised if it includes much – if any – guaranteed money.

The 31st overall pick in the 2018 draft, Okobo spent two years in Phoenix, appearing in a total of 108 games. He averaged 4.8 PPG and 2.2 APG in 15.5 minutes per contest during those two seasons, but became expendable this offseason. The Suns released him before his 2020/21 salary became guaranteed last Thursday.

The Nets currently have 17 players under contract, but that doesn’t count Okobo, Jordan Bowden – who reportedly agreed to an Exhibit 10 deal, or Chris Chiozza, who is still a restricted free agent. Brooklyn may continue making minor tweaks to the back of its roster, but the team’s offseason looks just about done.

Sixers Sign Lamine Diane To Exhibit 10 Contract

November 30th, 2020 at 5:25pm CST by Luke Adams

The Sixers have officially signed undrafted rookie Lamine Diane, with president of basketball operations Daryl Morey posting a message on Twitter welcoming him to the organization. Diane’s deal with Philadelphia is an Exhibit 10 contract, tweets Ian Begley of SNY.tv.

A 6’7″ forward, Diane put up monster numbers for Cal State Northridge in his two college seasons, averaging 25.1 PPG, 10.8 RPG, and 2.1 BPG in a total of 52 games (35.5 MPG). He won the Big West Player of the Year award in consecutive years before declaring for the draft this spring.

Although Diane wasn’t drafted on November 18, he’ll head to training camp with the 76ers and should have a chance to land with the team’s G League affiliate – the Delaware Blue Coats – if he doesn’t make the regular season roster.

The Sixers now project to have a full 20-man roster once they sign first-rounder Tyrese Maxey and complete their agreed-upon Al Horford trade with Oklahoma City.

Pistons Waive Zhaire Smith

November 30th, 2020 at 4:12pm CST by Dana Gauruder

The Pistons have placed swingman Zhaire Smith on waivers, Shams Charania of The Athletic tweets.

The transaction was expected, as Detroit’s plan to waive Smith was previously reported. The Pistons officially acquired Smith from the 76ers in exchange for center Tony Bradley a week ago.

Smith was due to make $3.2MM during the upcoming season but that was the only guarantee left on his rookie contract. His $4.915MM salary for the 2021/22 season includes a team option.

There’s a good chance Detroit will use the stretch provision on Smith’s contract. Only the guaranteed money would count, so if the Pistons stretch his contract for three years, the cap hit would be around $1MM per season.

Smith was drafted just outside the lottery with the No. 16 pick in the 2018 draft but his first two seasons were marred by injuries. He’s appeared in just 13 NBA games.

Mavs Sign Josh Green To Rookie Contract

November 30th, 2020 at 3:54pm CST by Luke Adams

The Mavericks have officially signed No. 18 overall pick Josh Green to his first NBA contract, the team announced today in a press release.

Green, one of multiple Wildcats to declare for this year’s draft, was the first of three Arizona players selected on November 18, ahead of former teammates Zeke Nnaji and Nico Mannion. In 30 games (30.9 MPG) as a freshman, he averaged 12.0 PPG, 4.6 RPG, 2.6 APG, and 1.5 SPG with a .424/.361/.780 shooting line.

Assuming he signs for 120% of the standard rookie scale amount, as nearly every first-round pick does, Green will make $2.82MM as a rookie this season. His four-year deal will be worth about $13.64MM in total if his third- and fourth-year options are picked up.

The Mavericks also officially announced their two-way deal with Tyler Bey, which had been previously reported. As our roster counts page shows, Dallas has reached eight other contract agreements that aren’t yet official, so it’s safe to assume the club will be sending out a few more press releases pretty soon.

Wizards Sign Anthony Gill To Two-Year Deal

November 30th, 2020 at 3:16pm CST by Dana Gauruder

NOVEMBER 30: The Wizards have officially signed Gill, according to Fred Katz of The Athletic (Twitter link). Sources tell Katz that it’s a two-year, minimum-salary deal with a non-guaranteed second year.

NOVEMBER 20: The Wizards have reached a two-year agreement with power forward Anthony Gill, ESPN’s Adrian Wojnarowski tweets.

The 6’8″ Gill, 28, went undrafted out of Virginia in 2016 and has spent his professional career overseas. He’s played the last three seasons with Khimki in the EuroLeague.

In 70 career games with Khimki, Gill averaged 10.5 PPG, 4.3 RPG and 1.2 APG in 23.5 MPG. He’s a solid 3-point shooter, knocking down 40.6% of his attempts.

Gill adds more depth to Washington’s roster as a stretch four. The Wizards are still hoping to re-sign Davis Bertans.

Pelicans Sign Jarrod Uthoff To Non-Guaranteed Deal

November 30th, 2020 at 12:57pm CST by Luke Adams

DECEMBER 2: The Pelicans have officially signed Uthoff, according to RealGM’s transactions log.

NOVEMBER 30: The Pelicans are signing free agent forward Jarrod Uthoff to one-year contract, reports Will Guillory of The Athletic (Twitter link). The minimum-salary deal will be non-guaranteed, Guillory adds.

Uthoff, 27, has played for a handful of teams in the NBA and the G League since going undrafted in 2016, as well as spending a stint in Russia in 2018/19. Last season, he signed a 10-day contract with the Grizzlies in February and then joined the Wizards as a substitute player during the summer restart.

Although Uthoff only got into seven NBA games in 2019/20, he had a big year in the G League, averaging 19.0 PPG, 10.7 RPG, and 3.1 APG with a shooting line of .491/.367/.790 in 34 games (34.9 MPG) for the Memphis Hustle. He was named to the All-NBAGL First Team.

Uthoff is probably unlikely to make the Pelicans’ regular season roster, but the team doesn’t have a full 15-man squad of guaranteed salaries, so the door’s not entirely closed if he impresses during the preseason.

New Orleans has also officially announced its previously–reported deals with free agents Willy Hernangomez and Wenyen Gabriel.

Pelicans Sign Kira Lewis Jr. To Rookie Contract

November 30th, 2020 at 12:26pm CST by Luke Adams

The Pelicans have officially signed first-round pick Kira Lewis Jr. to his rookie contract, the team announced today in a press release.

A sophomore at Alabama in 2019/20, Lewis averaged a team-high 18.5 PPG to go along with 5.2 APG, 4.8 RPG, and 1.8 SPG in 31 games (37.6 MPG). After leaving the Crimson Tide to enter the draft pool, Lewis became a lottery pick, going 13th overall to New Orleans.

Lewis will join a solid group of Pelicans point guards that also includes Eric Bledsoe and Lonzo Ball. As the No. 13 pick, he’ll be in line for a four-year contract worth over $17MM, including a first-year salary of $3.64MM.

Nineteen of the 30 players drafted in the first round on November 18 have now signed their rookie contracts, as our tracker shows.

Pelicans Re-Sign Brandon Ingram To Five-Year Max Contract

November 30th, 2020 at 11:03am CST by Luke Adams

NOVEMBER 30: Ingram has officially signed his new max contract with the Pelicans, the team announced today (via Twitter).

NOVEMBER 24: The top restricted free agent of 2020 is officially off the board, as the Pelicans and forward Brandon Ingram have reached an agreement on a five-year, maximum-salary contract, agents Jeff Schwartz and Jordan Gertler tell ESPN’s Adrian Wojnarowski (Twitter link). The deal will be worth $158.25MM over five seasons.

Ingram, who was ranked No. 2 on our list of 2020’s top free agents, figures to sign the biggest free agent contract of the ’20 offseason, unless Anthony Davis opts for a long-term deal with the Lakers.

After being traded from Los Angeles to New Orleans as part of the package for Davis in 2019, Ingram – who was coming off a blood clot issue that prematurely ended his 2018/19 season – turned down a “more modest” extension offer from the Pelicans, per Wojnarowski (Twitter link).

Ingram’s bet on himself paid off in a big way, as he morphed into the Pelicans’ go-to scorer in 2019/20, averaging 23.8 PPG, 6.1 RPG, and 4.2 APG with a .463/.391/851 shooting line in 62 games (33.9 MPG). The 23-year-old also made an All-Star team for the first time in his career, setting himself up for a maximum-salary deal with New Orleans.

Although Ingram and the Pelicans took a few days to formally reach an agreement, this outcome was always expected — New Orleans would have matched any offer sheet the 6’7″ forward signed, so it made sense for the two sides to negotiate directly and take their time to get something done.

Ingram, whose new contract will run through 2025, represents one of the cornerstone pieces in the Pelicans’ rebuild, alongside Zion Williamson. A young core that also includes Lonzo Ball, Jaxson Hayes, Kira Lewis Jr., and Nickeil Alexander-Walker will be complemented in 2020/21 by newly-acquired veterans Steven Adams and Eric Bledsoe, as well as sharpshooter J.J. Redick.

With Ingram back under contract, the Pelicans’ major offseason moves should be complete. The team has a tiny of bit of breathing room below the tax line and doesn’t plan to fill its 15th roster spot with another guaranteed contract for now, per Will Guillory of The Athletic.

Photo courtesy of USA Today Sports Images.

Hornets Sign Vernon Carey Jr. To Four-Year Contract

November 30th, 2020 at 10:35am CST by Luke Adams

9:02pm: The signing is official, according to a team press release.

10:35am: Rookie center Vernon Carey Jr., the No. 32 pick in this year’s draft, is signing a four-year contract with the Hornets, according to ESPN’s Bobby Marks (Twitter link).

While the exact value of Carey’s deal isn’t yet known, Marks says it will likely have the most guaranteed money of any contract signed by a 2020 second-round pick this fall. Charlotte will use a small portion of its remaining cap room to complete the signing.

In his first and only college season at Duke, Carey averaged 17.8 PPG, 8.8 RPG, and 1.6 BPG in 31 games (24.9 MPG). He shot 57.7% from the field and even made 38.1% of his tries from beyond the arc, albeit on just 21 three-point attempts.

Carey is one of four players selected by the Hornets in this year’s draft. LaMelo Ball, the team’s lone first-rounder, will soon sign a rookie scale contract. I’d expect a standard contract for No. 42 pick Nick Richards and a two-way deal for No. 56 selection Grant Riller, but we’ll have to wait to see what Charlotte has in mind.