Transactions Rumors | Hoops Rumors

Sixers Waive Ricky Council IV

July 25th, 2025 at 4:13pm CST by Eli Cohen

The Sixers are waiving Ricky Counci l IV, the team announced in a press release (via Twitter).

Council signed a four-year, partially guaranteed deal with the Sixers in 2024, which included a non-guaranteed $2,221,677 salary for the 2025/26 season and a team option for ’26/27. Last season, he averaged 7.3 points, 2.9 rebounds, and 1.3 assists in 17.1 minutes per night.

As Kyle Neubeck of PHLY Sports notes (via Twitter), the timing of the move was unexpected, given that Council’s guarantee date is on January 10, 2026, and the team currently has an open roster spot if they need it to add restricted free agent Quentin Grimes.

While Council struggled with his three-point shot last season, he emerged as a reliable depth contributor, playing a team-high 73 games while bringing athleticism and energy from the wing positions.

Philadelphia is now carrying 13 players on standard contracts. Twelve of those 13 are fully guaranteed, while Adem Bona‘s deal has a 50% partial guarantee.

Hornets Sign Antonio Reeves To Two-Way Contract

July 25th, 2025 at 4:07pm CST by Luke Adams

July 25, 4:07 pm: The Hornets have officially signed Reeves and waived Baugh, the team confirmed in a press release.

July 23, 3:11 pm: The Hornets will waive Baugh to make room for Reeves, according to Michael Scotto of HoopsHype (Twitter link).

July 23, 3:03 pm: The Hornets have reached an agreement to sign free agent guard Antonio Reeves to a two-way contract, reports Shams Charania of ESPN (Twitter link).

Reeves, 24, was the 47th overall pick in the 2024 draft and appeared in 44 games as a rookie for the Pelicans, averaging 6.9 points and 1.4 rebounds in 15.0 minutes per game, with a solid shooting line of .456/.395/.800.

The former Kentucky standout also excelled at the G League level, putting up 24.9 PPG and 5.8 RPG on .470/.416/.800 shooting in 11 appearances for the Birmingham Squadron, New Orleans’ affiliate.

It came as a bit of a surprise when the Pelicans opted to waive Reeves earlier this month before his minimum salary for 2025/26 could become guaranteed, but there’s a new group of decision-makers in New Orleans’ front office who weren’t responsible for drafting him last June.

Charlotte doesn’t currently have a two-way slot open, so KJ Simpson, Damion Baugh, or Drew Peterson will need to be waived in order to create an opening for Reeves.

Peterson was just signed last week, which suggests that either Simpson or Baugh – both carryovers from last season – will be the odd man out. For what it’s worth, Simpson earned a spot on the All-Summer League second team, though Baugh played pretty well too for the summer champions in Las Vegas.

Heat Sign Myron Gardner To Two-Way Deal

July 25th, 2025 at 10:55am CST by Luke Adams

10:55 am: The Heat have officially signed Gardner, the team announced in a press release.

9:58 am: Free agent guard/forward Myron Gardner has agreed to sign a two-way contract with the Heat, agent Jake Cohen tells NBA insider Chris Haynes (Twitter link). The deal will cover two seasons, according to Ira Winderman of The South Florida Sun Sentinel (Twitter link).

Gardner, 24, went undrafted out of Little Rock in 2023 and has spent his first two professional seasons playing for the Osceola Magic, Orlando’s G League affiliate. In 50 total appearances for Osceola last season, he averaged 10.0 points, 6.2 rebounds, 1.5 assists, and 1.0 steal in 21.2 minutes per game, with a shooting line of .488/.353/.761.

Gardner impressed the Heat this month with his play at the California Classic and Las Vegas Summer Leagues. In four total outings, he put up 13.2 PPG, 4.2 RPG, 1.8 APG, and 2.8 SPG on .500/.615/1.000 shooting, earning praise from Summer League head coach Eric Glass, who praised the way that Gardner “assaults the paint.”

“He’s so aggressive, he’s so strong going downhill,” Glass said, per Anthony Chiang of The Miami Herald.

As our tracker shows, Gardner will fill the Heat’s second two-way slot, alongside big man Vladislav Goldin. The expectation is that guard Dru Smith will take the team’s third two-way contract sooner or later — Miami gave him a two-way qualifying offer last month.

Gardner will be eligible to appear in a maximum of 50 NBA regular season games in 2025/26 on his two-way deal, which will pay him $636,435.

Ron Harper Jr. Released By Pistons

July 24th, 2025 at 5:25pm CST by Rory Maher

Forward Ron Harper Jr., who was on a two-way contract, has been released by the Pistons, according to the official transaction log at NBA.com (hat tip to Michael Scotto of HoopsHype).

Harper, who went undrafted out of Rutgers in 2022, spent his first year-and-a-half in the NBA on two-way contracts with the Raptors. Toronto released him in December 2023, and he was a free agent until he signed a training camp deal with Boston last summer.

The 25-year-old didn’t make the Celtics’ standard roster for 2024/25, having been waived last October. He caught on with the Pistons in early January, but only appeared in one NBA game with Detroit.

A 6’6″ wing, Harper spent the majority of last season in the NBA G League, averaging 16.2 PPG, 3.9 RPG, 2.2 APG and 0.9 SPG in 37 total appearances with the Motor City Cruise and Maine Celtics (29.6 MPG). He shot 38.6% from three-point range on high volume (8.2 attempts per game).

The Pistons have a two-way qualifying offer on the table for Daniss Jenkins and are reportedly signing Colby Jones on a two-way deal as well. If Jenkins returns on a two-way contract, all three of their spots will be filled.

Harper only has three years of NBA experience, so he remains eligible for a two-way deal with another team. Harper is the son of former NBA veteran Ron Harper and the older brother of Dylan Harper, who was selected No. 2 overall by the Spurs in last month’s draft.

Spurs Sign Lindy Waters On One-Year Deal

July 24th, 2025 at 5:13pm CST by Dana Gauruder

July 24: Waters is officially a Spur, according to NBA.com’s transaction log. Michael Scotto of HoopsHype reports (via Twitter) that the minimum-salary deal includes a $500K partial guarantee.

July 23: Free agent swingman Lindy Waters III has agreed to a one-year contract with the Spurs, ESPN’s Shams Charania tweets.

San Antonio officially had 13 players on its 15-man roster entering Wednesday, as our roster counts show, so the team won’t have to make room for Waters.

Waters spent his first three NBA seasons with Oklahoma City. He finished last season with the Pistons after playing with the Warriors until the trade deadline. Waters was acquired by Detroit in the multi-team blockbuster deal that sent Jimmy Butler to Golden State.

Waters played 38 games for the Warriors, including nine starts, and averaged 5.5 points, 2.5 rebounds and 1.1 assists in 17.2 minutes per night. The Warriors acquired him in a draft-night trade with the Thunder.

Waters’ playing time dropped in Detroit, as its main motivation in the trade was to acquire backup guard Dennis Schroder. Waters made 14 appearances off the bench for the Pistons, averaging 3.4 PPG in 8.8 MPG.

Waters has 156 games of NBA experience and has taken a vast majority of his shot attempts from beyond the three-point arc. He’s had a 36.6 percent success rate from long range in his career.

With Rookie of the Year Stephon Castle, lottery pick Dylan Harper, Devin Vassell and Julian Champagnie among the Spurs’ options at the wing, there’s no clear path for Waters to gain rotation minutes but he’ll add depth at the shooting guard and small forward positions.

Lakers Add Christian Koloko, Chris Manon On Two-Way Deals

July 24th, 2025 at 5:08pm CST by Rory Maher

July 24: Manon is officially a Laker now as well, according to the team (Twitter link via Khobi Price of The Southern California News Group).

July 23: Koloko has officially been signed to a two-way contract, Dan Woike of The Athletic tweets.

July 21: The Lakers are filling two of their three two-way slots by signing Christian Koloko and Chris Manon, according to Shams Charania of ESPN (Twitter link).

L.A. made Koloko a restricted free agent in June when the team gave him a qualifying offer. There was an expectation he’d return to the Lakers, but he drew outside interest as well, tweets Charania.

The 7’1″ center from Cameroon showed promise as a rookie with Toronto in 2022/23 after being selected No. 33 overall in the 2022 draft, but his career was sidetracked by a blood clot issue which sidelined him for the entire 2023/24 season. He was medically cleared to continue playing last fall and wound up with the Lakers on a two-way contract.

Koloko made 37 appearances with the Lakers last season, averaging 2.4 points and 2.5 rebounds in 9.2 minutes per contest. He also played in 12 G League games with the Lakers’ affiliate (South Bay), averaging 14.5 PPG, 8.1 RPG and 3.3 BPG in 29.6 MPG.

The 25-year-old also made five Summer League appearances in Las Vegas, averaging 7.2 PPG, 4.0 RPG, 1.2 SPG and 2.6 BPG in 17.5 MPG.

Manon, a 6’5″ guard/forward, went undrafted out of Vanderbilt last month. He played for the Warriors in both the California Classic and Las Vegas Summer Leagues, Charania notes.

Manon thrived at creating turnovers in his four-year college career, the first three of which he spent with Cornell. He posted career averages of 9.9 PPG, 3.8 RPG, 2.1 APG and 2.0 SPG on .535/.304/.728 shooting in just 19.6 MPG.

The 23-year-old wing made seven total Summer League appearances for Golden State (17.1 MPG), per RealGM, averaging 9.0 PPG, 4.3 RPG, 1.9 APG, 1.6 SPG and 1.4 BPG, with a shooting line of .442/.286/.676.

All three of the Lakers’ two-way spots will be filled once the deals for Koloko and Manon are official, with center Trey Jemison currently the third player on a two-way contract.

The Lakers reportedly agreed to a two-way deal with former Villanova forward Eric Dixon shortly after he went undrafted in June. It’s unclear what will happen with Dixon now that all three spots are occupied, but it’s worth noting that two-way contracts are non-guaranteed and don’t count against the salary cap, so further changes are certainly possible.

Assuming L.A. eventually carries a full 15-man standard roster (the team may open the season with 14), both Koloko and Manon can be active for up to 50 games next season. Each player will earn $636,435 in ’25/26.

Pelicans Waive Lester Quinones

July 24th, 2025 at 5:01pm CST by Rory Maher

The Pelicans have waived Lester Quinones, tweets Keith Smith of Spotrac. The move is official, according to NBA.com’s log of transactions.

Quinones had been on a two-way contract with New Orleans. The team now has one two-way vacancy, with Trey Alexander and Hunter Dickinson holding the other two spots.

After going undrafted out of Memphis in 2022, Quinones spent most his first two seasons as a member of the Warriors organization. Last fall, he signed a two-way deal with Philadelphia, which released him in December.

The 24-year-old shooting guard caught on with the Pelicans in early March, appearing in nine games down the stretch of the 2024/25 season. In those nine contests, he averaged 8.6 points, 2.6 assists and 1.7 rebounds in 18.4 minutes. His shooting line was .386/.317/.833.

While Quinones has yet to carve out a major NBA role to this point in his career, he has put up some big counting stats in the G League. In 41 combined games (36.0 MPG) with the Birmingham Squadron and Delaware Blue Coats last season, he averaged 21.6 PPG, 6.8 RPG, 4.9 APG and 1.4 SPG, though he struggled a bit with efficiency (.431/.331/.713 shooting splits) and turnovers (3.7 per contest).

Quinones was signed by New Orleans’ previous front office regime, so the new executives in charge may not have been as high on him. Assuming he goes unclaimed, the 6’4″ guard will become a free agent on Saturday.

Celtics Release JD Davison

July 24th, 2025 at 4:24pm CST by Rory Maher

The Celtics have waived guard JD Davison, the team announced (via Twitter).

Boston exercised its 2025/26 team option on Davison at the end of June. However, as we noted at the time, Davison’s $2.27MM salary for next season is fully non-guaranteed, so the Celtics won’t incur a cap hit by releasing him.

According to Gary Washburn of The Boston Globe (Twitter link), cutting Davison has moved the Celtics under the punitive second tax apron, giving the team more maneuverability on the trade market.

The Celtics selected Davison 53rd overall in the 2022 draft after he played one college season at Alabama. The 22-year-old had spent virtually all of the past three campaigns on a two-way deal with Boston, but was converted to a multiyear standard contract just before the ’24/25 regular season ended.

While Davison’s NBA contributions have been very modest to this point – 36 total regular season appearances for a total of 198 minutes over his three seasons – he has been a standout performer in the G League, including winning the MVP award with the Maine Celtics in ’24/25.

Davison appeared in 45 combined games with Maine last season, averaging 25.6 points, 7.7 assists, 5.1 rebounds, and 1.4 steals in 34.6 minutes per game, with a shooting line of .482/.332/.762.

The Celtics now have 15 players on their standard roster.

Jared Butler Signs With Suns

July 24th, 2025 at 4:10pm CST by Arthur Hill

July 24: Butler’s deal with the Suns is official, per a team press release (Twitter link via Gerald Bourguet of PHNX Sports). According to Bourguet, Butler’s contract is non-guaranteed and he and Goodwin will be vying for a roster spot this fall.

July 23: The Suns have reached an agreement on a one-year contract with Jared Butler, agents Mark Bartelstein and Kieran Piller of Priority Sports tell Shams Charania of ESPN (Twitter link).

The 24-year-old guard became a free agent late last month when the Sixers declined their team option on his $2.35MM salary for 2025/26. He finished the season in Philadelphia after being acquired from Washington at the deadline, and the Sixers converted his two-way deal to a standard contract a week after the trade.

Butler appeared in 60 total games last season, and he put up the best numbers of his career in 28 games with Philadelphia. He averaged 11.5 points, 2.5 rebounds and 4.9 assists for the short-handed team, while making 17 starts and posting .426/.352/.870 shooting splits.

Butler began his career in Utah after being selected with the 40th pick in the 2021 draft. He also had a brief stay with Oklahoma City before joining the Wizards on a two-way contract in 2023.

The Suns are making another move to bolster their backcourt, claiming former Lakers guard Jordan Goodwin off waivers. Once both transactions are official, Phoenix will have a full roster with 15 players on standard contracts and three on two-way deals.

Jazz Waive Guard Jaden Springer

July 24th, 2025 at 3:49pm CST by Dana Gauruder

The Jazz have waived guard Jaden Springer, the team announced in a press release.

Utah had a Friday deadline to decide whether to give Springer a $400K partial guarantee to his $2,349,578 non-guaranteed contract. Springer will now look for another NBA opportunity, unless a team claims him.

After a 10-day contract with the Jazz expired, Springer signed a three-year contract with the club in March but the last two years were not guaranteed. Springer made 17 appearances for Utah, including two starts, and averaged 3.8 points, 2.0 rebounds and 1.4 assists in 13.2 minutes.

Boston traded the 6’4″ combo guard and a future second-round pick to Houston at February’s trade deadline. The Rockets soon waived Springer and he joined Utah after clearing waivers. Springer came off the bench in 26 games for the Celtics last season.

He was a late first-rounder pick by the Sixers in 2021 but struggled to establish a rotation role. Overall, he’s appeared in 110 NBA games, averaging 2.9 points in 8.8 minutes. He’s made just 23.8 percent of his 3-point attempts.

By releasing Springer, the Jazz now have 15 players on standard contracts.