Transactions Rumors | Hoops Rumors

Cameron Reynolds Signs Exhibit 10 Deal With Spurs

November 21st, 2020 at 5:37pm CST by Arthur Hill

NOVEMBER 29: The Spurs have officially signed Reynolds, according to RealGM’s transactions log.

NOVEMBER 21: The Spurs will sign shooting guard Cameron Reynolds to an Exhibit 10 contract, tweets Tim MacMahon of ESPN.

Reynolds, 25, played 19 games for the Timberwolves during the 2018/19 season. He signed a two-way contract with the Bucks in July of 2019, but didn’t appear in any NBA games for Milwaukee. He averaged 14.4 points and 5.1 rebounds per game for the G League’s Wisconsin Herd.

Reynolds will be in training camp with San Antonio and can receive a guarantee of up to $50K if he’s waived and joins the organization’s G League affiliate.

Pacers To Sign Amida Brimah

November 21st, 2020 at 5:27pm CST by Arthur Hill

Former Connecticut center Amida Brimah will sign with the Pacers, tweets Chris Haynes of Yahoo Sports.

Brimah, 26, was in Indiana’s training camp last season on an Exhibit 10 contract and was expected to join the team’s G League affiliate, but he suffered a torn right ACL that required surgery.

Brimah’s previous NBA experience includes an Exhibit 10 deal with the Spurs in 2018 and a Summer League stint with the Bulls in 2017. He played two G League seasons with the Austin Spurs and spent one season in Belgrade.

Wizards To Sign Yoeli Childs

November 21st, 2020 at 5:14pm CST by Arthur Hill

BYU power forward Yoeli Childs will sign with the Wizards, tweets Jake Hatch of Zone Sports Net. Tony Jones of The Athletic confirms the report (Twitter link).

Childs had offers from more than five NBA teams, according to Hatch.

Childs turned in a stellar season for the Cougars as a senior, averaging 22.2 points and 9.0 rebounds and being nominated for the Karl Malone Award, which honors the top power forward in college basketball.

Isaac Okoro, Cole Anthony Sign Rookie Contracts

November 21st, 2020 at 5:02pm CST by Arthur Hill

The Cavaliers and Magic have both signed their first-round picks, the teams announced today.

Cleveland came to terms with Auburn forward Isaac Okoro, who was the fifth overall selection. Orlando reached a deal with North Carolina guard Cole Anthony, who was taken with the 15th pick.

Neither team announced the terms of the deals, but both players are eligible to receive up to 120% of the rookie scale. That would be $6,400,920 for Okoro and $3,285,120 for Anthony.

Knicks To Re-Sign Elfrid Payton

November 21st, 2020 at 4:24pm CST by Arthur Hill

NOVEMBER 29: The Knicks’ deal with Payton is now official, Marc Berman of the New York Post tweets.

NOVEMBER 27: Shortly after clearing waivers this afternoon, Elfrid Payton has reached a deal to return to the Knicks, his agents at CAA tell ESPN’s Adrian Wojnarowski (Twitter link).

New York waived Payton on Thursday and paid a $1MM partial guarantee on his previous contract rather than giving him the full amount of $8MM. Payton will receive $5MM for one season on his new pact, per Wojnarowski.

Given the reported price of Payton’s new deal, it’s possible the Knicks will look to fit him into their room exception ($4.77MM). In that scenario, the team would still have approximately $29MM in cap room to use, without Payton cutting into it. If he gets any amount over $4.77MM, he’ll have to be re-signed using some of that cap space.

Payton got the most use of New York’s point guard options last season, starting 36 of the 45 games he played. He averaged 10.0 points and 7.2 assists per game, but shot just 43.9% from the field and 20.3% from three-point range.

If they don’t make any more moves at the position, the Knicks will have the same three players at point guard as they did a year ago, with Payton battling Frank Ntilikina and Dennis Smith Jr. for playing time, and it will be up to new coach Tom Thibodeau to sort them out.

Trail Blazers Sign Carmelo Anthony To One-Year Contract

November 21st, 2020 at 4:15pm CST by Luke Adams

NOVEMBER 22, 8:32pm: The signing is official, according to a team press release.

NOVEMBER 21, 4:15pm: Carmelo Anthony is returning to Portland, according to Shams Charania of The Athletic, who reports (via Twitter) that the veteran forward is finalizing a new deal with the Trail Blazers. It’ll be for one year, Charania adds (via Twitter). It’ll be another minimum-salary contract, per Adrian Wojnarowski of ESPN (Twitter link).

The Knicks were among the teams believed to have interest in signing Anthony in free agency this fall. However, as Charania explains (via Twitter), Anthony wanted to show loyalty to the Blazers after they gave him an opportunity to return to the NBA last season, and he knows what sort of role to expect in Portland.

Anthony, who signed with the Blazers almost exactly a year ago, averaged 15.4 PPG and 6.3 RPG on .430/.385/.845 in 58 games (all starts) for the club in 2019/20.

It has been an active offseason so far for the Blazers, who agreed to re-sign Rodney Hood, struck a deal with free agent wing Derrick Jones, and reached trade agreements to acquire Robert Covington and Enes Kanter.

Although the Blazers barely squeaked into the Western Conference playoff picture this year, injuries played a major part in the club’s season-long struggles, and Portland looked like a different team during the restart when Jusuf Nurkic and Zach Collins returned. The Blazers will be looking to re-establish themselves as one of the West’s top teams in 2020/21.

Photo courtesy of USA Today Sports Images.

Rockets Claim Kenny Wooten Off Waivers

November 21st, 2020 at 4:10pm CST by Arthur Hill

Kenny Wooten has been claimed off waivers by the Rockets, two days after being let go by the Knicks, tweets Shams Charania of The Athletic.

The 22-year-old forward had a two-way contract in New York running through the 2020-21 season that Houston will inherit, although the Rockets can change it to a standard NBA deal or negotiate a longer agreement. Houston filled one of its two-way slots earlier this week by signing Mason Jones.

Wooten signed with the Knicks last fall after going undrafted out of Oregon, but didn’t get into any NBA games. A shot-blocking specialist, he averaged 3.6 rejections per game, along with 7.7 points and 6.1 rebounds, for the Westchester Knicks in the G League.

Wooten could be a cheap source of talent for the Rockets, who are hard-capped after a sign-and-trade deal for Christian Wood and will rely mostly on minimum-salaried players to fill out their roster.

Nuggets Re-Sign Paul Millsap

November 21st, 2020 at 3:49pm CST by Luke Adams

DECEMBER 3: The Nuggets have officially re-signed Millsap, the team announced today in a press release. All of Denver’s reported offseason moves have now been finalized.

NOVEMBER 21: The Nuggets lost Jerami Grant and Mason Plumlee on the first day of free agency, but they’re bringing back their other key frontcourt free agent. Denver has agreed to re-sign Paul Millsap to a one-year contract worth $10MM+, agent DeAngelo Simmons tells Shams Charania of The Athletic (via Twitter).

Millsap, 35, played fewer minutes per game (24.3) in 2019/20 than he had in any season since 2007/08, but he remained highly effective in those minutes. He averaged 11.6 PPG, 5.7 RPG, and 1.6 APG with a solid shooting line of .482/.435/.816 in 51 games (48 starts).

Since arriving in Denver in 2017, Millsap has helped stabilize the team’s defense alongside Nikola Jokic in the frontcourt. With Plumlee and Grant departing in free agency, Millsap will share time up front in 2020/21 with the newly-added JaMychal Green, with youngsters like Michael Porter and Bol Bol expected to take on larger roles too.

Millsap received interest from “over half of the league” as a free agent, according to Charania (via Twitter). Earlier today, the Celtics were cited as a strong contender for the big man. However, Adam Himmelsbach of The Boston Globe (Twitter link) hears that personal reasons played a major part in Millsap’s decision — he didn’t want to uproot his family from Denver.

Nuggets president of basketball operations Tim Connelly said back in September that he’d “love to see” Millsap spend the rest of his career in Denver. While this contract won’t guarantee that, it’s a good first step.

Photo courtesy of USA Today Sports Images.

Hawks Sign Rajon Rondo To Two-Year Deal

November 21st, 2020 at 3:31pm CST by Luke Adams

NOVEMBER 23: Rondo has officially signed his contract with the Hawks, the team announced in a press release.

“Rajon is an intense competitor, a proven winner and a true student of the game,” Hawks general manager Travis Schlenk said in a statement. “His resume and experience speak for themselves. We’re excited to add him to our group.”

NOVEMBER 21: The Hawks are signing free agent point guard Rajon Rondo to a two-year, $15MM deal, league sources tell Chris Haynes of Yahoo Sports (Twitter link). The contract won’t feature any team or player options, tweets Mark Medina of USA Today.

The Lakers and Clippers were both reportedly interested in signing Rondo as a free agent, but he’ll return to the Eastern Conference with a Hawks team that values his leadership and locker room presence and will be pushing hard to make it back to the playoffs in 2020/21.

Rondo is the third veteran free agent that has agreed to sign with Atlanta since free agency opened nearly 24 hours ago, joining Danilo Gallinari and Kris Dunn. As Adrian Wojnarowski of ESPN notes (via Twitter), the Hawks entered free agency determined to improve defensively in the backcourt, and will do so by adding Dunn and Rondo to the mix.

Rondo played an important role in helping the Lakers capture the NBA title in Orlando this past season. He suffered a fractured right thumb shortly after arriving at the Disney World complex, but was able to return in time for the playoffs, averaging 8.9 points, 4.3 rebounds and 6.6 assists off the bench in 16 games. He turned down a minimum-salary player option in order to reach free agency.

Frank Isola of SiriusXM NBA Radio first reported earlier in the week that the Hawks were expected to offer two years and $15MM to Rondo. As Bobby Marks of ESPN tweets, the club still projects to have upwards of $20MM in cap room available, so another splash – such as a potential offer sheet for Bogdan Bogdanovic – remains possible.

Photo courtesy of USA Today Sports Images.

Facundo Campazzo Signs Two-Year Deal With Nuggets

November 21st, 2020 at 3:27pm CST by Dana Gauruder

NOVEMBER 30: Campazzo has officially signed a multi-year deal, according to team press release.

NOVEMBER 21: The Nuggets will sign Campazzo using their bi-annual exception, according to Mike Singer of The Denver Post, who reports that the deal will have an overall value of $6MM.

NOVEMBER 20: The Nuggets have reached a two-year agreement with Argentinian guard Facundo Campazzo, HoopsHype tweets.

The contract is fully guaranteed, Marc Stein of the New York Times tweets.

The Real Madrid point man has been one of Europe’s top guards for several seasons. Campazzo, 29, has played overseas since 2008 and has been with Real Madrid since 2014.

Several NBA teams were reportedly interested in him, including the Spurs, Timberwolves and Mavericks. He could emerge as the top backup behind Jamal Murray in Denver.

A two-time EuroLeague champion and three-time Spanish League champion, Campazzo has also been part of four Argentine League championships. He’s also won a EuroCup Defensive Player of the Year award.

In 28 EuroLeague games last season, Campazzo averaged 9.9 PPG and 7.1 APG. His 3-point percentage slipped to 31.0% but he’s typically a reliable outside shooter, knocking down 37.5% of his long-range shots the previous two EuroLeague seasons.