Transactions Rumors | Hoops Rumors

Heat Re-Sign Goran Dragic

November 20th, 2020 at 5:05pm CST by JD Shaw

NOVEMBER 22: The first free agent to reach a deal on Friday has now officially signed his new contract, as the Heat issued a press release confirming Dragic’s deal.

“It was essential for us to bring Goran back,” Heat president Pat Riley said in a statement. “He is part of our team, part of our culture and part of our family. He provides backcourt veteran leadership and can still play at a very high level. I’m glad to have him back in the fold.”

NOVEMBER 20: The Heat are re-signing free agent point guard Goran Dragic, he announced on social media today. The deal is a two-year agreement with a team option in the second season, Tim Reynolds of the Associated Press tweets.

Shams Charania of The Athletic adds (via Twitter) that the agreement is worth $37.4MM, while Anthony Chiang of the Miami Herald reports that the deal will pay Dragic $18MM in 2020-21 and $19.5MM in 2020-21.

Dragic, 34, will enter his seventh campaign with the Heat. He was originally acquired via trade back in 2015, mostly serving as starting point guard ever since.

Dragic was a key cog in Miami’s postseason run this year, averaging 19.1 points and 4.4 assists per game. He also shot 44% from the field and 35% from behind-the-arc during those games, proving his worth as a veteran piece on the court and off.

The Heat also agreed to re-sign Meyers Leonard early in free agency. Miami strategically included team options in both players’ deals, working to preserve salary-cap space for the summer of 2021.

Photo courtesy of USA Today Sports Images.

Heat’s Gabe Vincent Signs Two-Way Qualifying Offer

November 20th, 2020 at 4:46pm CST by Luke Adams

Heat two-way player Gabe Vincent has signed his qualifying offer, according to the team (Twitter link).

The qualifying offer is a one-year, two-way contract with a $50K guarantee. So Vincent has secured that modest guarantee and currently occupies one of Miami’s two-way slots, though it wouldn’t be expensive for the team to eventually replace him with another two-way player if it so chooses.

Vincent was the G League’s Most Improved Player in 2019/20, averaging 20.9 PPG and making 40.3% of an impressive 10.3 three-point attempts per game in 31 contests for the Sioux Falls Skyforce. He saw limited action for the Heat in nine games at the NBA level.

Hornets To Sign Keandre Cook

November 20th, 2020 at 4:19pm CST by Dana Gauruder

The Hornets have reached an agreement with guard Keandre Cook, Bryan Kalbrosky of HoopsHype tweets. Cook, who played college ball at Missouri State, will receive an Exhibit 10 contract.

He’ll look to make an impression in training camp with the likelihood of spending next season in the G League. Cook played two seasons for the Bears and averaged 14.9 PPG and 4.6 RPG while draining 42.3% of his 3-point attempts. He scored 26 points against Valparaiso in the MVC Tournament in his last college outing.

The 6’5” Cook spent two seasons at a junior college prior to signing with Missouri State.

Timberwolves Acquire Leandro Bolmaro From Knicks

November 20th, 2020 at 3:46pm CST by Dana Gauruder

NOVEMBER 20: The deal is official, according to the Timberwolves. Because Minnesota structured its draft-night trades slightly differently than expected, the trade technically sends Bolmaro’s rights to the Wolves in exchange for Quickley (No. 25), the Pistons’ 2023 second-round pick, and the draft rights to Mathias Lessort.

All of this offseason’s trades to date can be found right here.

NOVEMBER 18: The Knicks selected Argentinian guard Leandro Bolmaro with the No. 23 pick, which they previously acquired from the Jazz, but he’s not going to New York. The Timberwolves are acquiring Bolmaro for the No. 25 and No. 33 selections in the draft, Shams Charania of The Athletic tweets.

Bolmaro, 20, is a 6’7” combo guard who played for FC Barcelona last season, though he only averaged 11.6 MPG in 16 games.

The Knicks had originally acquired the 23rd pick from Utah for the No. 27 and 38 selections, so they essentially parlayed those original picks and moved up a few slots in both the first and second rounds. They used the No. 25 pick on Kentucky point guard Immanuel Quickley, the SEC Player of the Year.

With the Timberwolves selecting shooting guard Anthony Edwards with the first pick and acquiring veteran guard Ricky Rubio, they have reshaped their backcourt overnight. Bolmaro would appear to be a developmental selection or possibly a draft-and-stash prospect.

Timberwolves Trade For Ricky Rubio

November 20th, 2020 at 3:42pm CST by Arthur Hill

NOVEMBER 20: The trade is now official, according to the Timberwolves, who announced it in a press release. As expected, Johnson was sent to the Thunder along with the rights to Pokusevski in exchange for Rubio, the No. 25 pick, and the No. 28 pick. Oklahoma City also received the Timberwolves’ 2024 second-round pick in the deal.

Minnesota subsequently flipped the No. 25 pick (Immanuel Quickley) to New York in a deal for Leandro Bolmaro (No. 23). The Wolves have also confirmed that trade.

NOVEMBER 19: Darren Wolfson of 5 Eyewitness News (Twitter link) confirms that Johnson will be a part of this deal for salary-matching purposes. The veteran forward will still need to pick up his option before he can officially be traded.

NOVEMBER 18: The Timberwolves will acquire point guard Ricky Rubio from the Thunder, along with the 25th and 28th picks in this year’s draft, in exchange for the 17th selection, tweets ESPN’s Adrian Wojnarowski.

Oklahoma City will receive Serbian 7-footer Aleksej Pokusevski, whom Minnesota selected at No. 17. The Thunder had expressed interest in Pokusevski throughout the past two weeks.

Although it hasn’t been reported yet, James Johnson will likely have to be included in the deal to match salaries. Rubio will earn $17MM during the upcoming season, while Johnson has a $16MM player option that he is virtually certain to pick up.

The deal represents a homecoming for Rubio, who spent six seasons with the Wolves at the start of his career. He began looking for a trade after being sent to OKC in the Chris Paul deal and was receptive to the idea of returning to Minnesota. Rubio wants to help the Wolves get back to the playoffs, tweets Jon Krawczynski of The Athletic.

Rubio will share ball-handling duties in the Minnesota backcourt with D’Angelo Russell, who was acquired at the trade deadline, and will reunite with former teammate Karl-Anthony Towns.

In addition to the 25th and 28th picks, the Wolves also own the 33rd pick in tonight’s second round. The Thunder, who have been stockpiling picks, will select again at 34 and 53.

Hawks Trade Dewayne Dedmon To Pistons For Tony Snell

November 20th, 2020 at 2:35pm CST by Luke Adams

NOVEMBER 20: The Hawks and Pistons have officially completed their swap, as detailed below, per a press release from Atlanta. As expected, the Hawks have already waived Thomas.

NOVEMBER 19: The Hawks and Pistons have agreed to a trade that will send center Dewayne Dedmon to Detroit, according to Shams Charania of The Athletic (Twitter link). Wings Tony Snell and Khyri Thomas will head to Atlanta in the swap, per ESPN’s Adrian Wojnarowski (Twitter link).

The move essentially sees both teams trade from areas of depth. Dedmon, acquired at last season’s deadline from Sacramento, became expendable in Atlanta with the Hawks expecting Clint Capela back from injury this year and also preparing to incorporate lottery pick Onyeka Okongwu into their frontcourt.

Meanwhile, trading Snell and Thomas will open up more minutes on the wing in Detroit for the likes of Sviatoslav Mykhailiuk, Sekou Doumbouya, and Saddiq Bey, observes James Edwards III of The Athletic (Twitter link).

Dedmon will earn $13.3MM in 2020/21 and also has a $13.3MM cap hit for ’21/22, though that second year is only partially guaranteed for $1MM, per Basketball Insiders. Snell is on a $12.2MM expiring contract, while Thomas’ minimum-salary contract for ’20/21 only includes a partial guarantee. In other words, the deal is close to salary-neutral.

It remains to be seen how many of these players will be part of their new teams’ plans for next season. Omari Sankofa II of The Detroit Free Press suggests (via Twitter) that the Pistons aren’t done dealing and he wouldn’t assume Dedmon will stick around.

Warriors Waive Ky Bowman

November 20th, 2020 at 1:07pm CST by Arthur Hill

1:33pm: The Warriors have officially confirmed in a press release that they’ve waived Bowman. If he clears waivers, he’ll be free to sign with any NBA team.

1:07pm: The Warriors will waive Ky Bowman, who saw significant playing time as Golden State dealt with injuries last season, tweets Shams Charania of The Athletic. Sources tell Charania that other teams have interest in signing the 23-year-old point guard.

Bowman inked a two-way deal with the Warriors last summer after going undrafted out of Boston College. That was converted in February to a standard contract, which included non-guaranteed minimum salaries for the next two seasons.

Bowman appeared in 45 games as a rookie, starting 12 of them. He averaged 7.4 points, 2.7 rebounds and 2.9 assists in about 22 minutes per night.

The move comes after the Warriors drafted point guard Nico Mannion in the second round of Wednesday’s draft.

Sixers Waive Marial Shayok

November 20th, 2020 at 12:54pm CST by Arthur Hill

Marial Shayok, a two-way player for the Sixers last season, has been waived, tweets Keith Pompey of The Philadelphia Inquirer.

A 25-year-old shooting guard, Shayok got into four games for Philadelphia, playing 28 total minutes. He was named to the G League’s All-Rookie Team, averaging 22.4 points, 5.8 rebounds and 3.7 assists per game with the Delaware Blue Coats.

A native of Ottawa, Shayok was invited to play for Canada’s World Cup team last summer, but elected not to participate.

Mavericks To Make Tyler Bey A Two-Way Player

November 20th, 2020 at 8:37am CST by Arthur Hill

The Mavericks plan to give a two-way contract to second-round pick Tyler Bey, tweets Brad Townsend of The Dallas Morning News. Coach Rick Carlisle talked about Bey during a radio interview Thursday and confirmed that Nate Hinton will be the team’s other two-way player.

Bey, a 6’7″ small forward out of Colorado, was taken with the 36th pick in Wednesday’s draft. He drew attention at the virtual combine with a 43.5-inch max vertical leap, the highest ever recorded for a forward.

Shooting guards Antonius Cleveland and Josh Reaves were the Mavericks’ two-way players last season.

Clippers Acquire Daniel Oturu

November 19th, 2020 at 10:10pm CST by Dana Gauruder

NOV 19: The trade sending Oturu’s draft rights to the Clippers is now official, the team announced in a press release. The Clippers actually acquired Oturu’s draft rights from the Timberwolves – rather than the Knicks – in exchange for Detroit’s 2023 second-round pick and the rights to 2017 second-rounder Mathias Lessort.

Minnesota will now flip Detroit’s 2023 second-rounder, along with Immanuel Quickley‘s draft rights, to the Knicks for the draft rights to Leandro Bolmaro. The eventual outcome will be the same, but the order of operations will be a little different than anticipated.

NOV 18: The Knicks selected University of Minnesota center Daniel Oturu with the No. 33 pick but will ship him to the Clippers for a 2023 second-rounder, ESPN’s Brian Windhorst tweets.

That future second-rounder will be a pick that the Pistons owe the Clippers, Windhorst adds another tweet.

After selecting Dayton forward Obi Toppin with their lottery pick at No. 8, New York have been bouncing up and down the first and second rounds.

The Knicks acquired the No. 23 overall selection from the Jazz for the No. 27 and 38 picks, then shipped that pick to the Timberwolves for the No. 25 and 33 picks. They used the No. 25 pick on Kentucky point guard Immanuel Quickley, the SEC Player of the Year.

Oturu averaged 20.1 PPG and 11.3 RPG in 33.9 MPG as a sophomore last season. He’ll give the Clippers another big body that new coach Tyronn Lue can try to mold into a rotation piece.