Transactions Rumors | Hoops Rumors

Lakers, Thunder Finalize Dennis Schröder, Danny Green Trade

November 18th, 2020 at 11:46pm CST by Arthur Hill

NOVEMBER 18, 11:46pm: The deal is now official, the Lakers confirmed in a press release. The Lakers received Schröder in exchange for Green and the draft rights to No. 28 pick Jaden McDaniels, who will be flipped to Minnesota in a separate trade. Green will also be moved in another deal.

NOVEMBER 15, 10:56am: The teams have an agreement in principle on a deal, tweets Shams Charania of The Athletic.

NOVEMBER 15, 10:02am: The Lakers are expected to acquire guard Dennis Schröder from the Thunder when the trade moratorium lifts on Monday, tweets ESPN’s Adrian Wojnarowski. Oklahoma City will receive the 28th pick in Wednesday’s draft and guard Danny Green in return.

Woj adds that the trade is “well on course to be completed” and that other teams that were pursuing Schröder have moved on to different players.

L.A. owes a protected first-rounder in 2021 to the Pelicans, so the deal can’t be finalized until the Lakers make their draft pick Wednesday night, points out Bobby Marks of ESPN (Twitter link).

Schröder, 27, will make $15.5MM this season in the final year of his contract. He has spent two years in Oklahoma City and averaged 18.9 points and 4.0 assists off the bench last season. In Los Angeles, he’ll become a primary play-maker for the Lakers and could be the team’s third scoring option behind LeBron James and Anthony Davis.

Green, 33, will make $15.4MM in 2020/21, so the salaries match up for a deal. He signed with the Lakers last summer and averaged 8.0 PPG in 68 games. He has played for the last two NBA champions and will be a free agent again in 2021.

Schröder may be just the first of several veterans moved by Oklahoma City this fall — Chris Paul and Steven Adams are also considered trade candidates. Theoretically, the team could also immediately flip Green to a new team as well.

Photo courtesy of USA Today Sports Images.

Pistons To Sign Saben Lee To Two-Way Contract

November 18th, 2020 at 11:45pm CST by Dana Gauruder

The Pistons will sign second-round pick Saben Lee to a two-way contract, James Edwards III of The Athletic tweets.

Detroit acquired the No. 38 overall pick in a draft-night trade and selected Lee, a junior guard out of Vanderbilt who averaged 18.6 PPG. 3.5 RPG and 4.2 APG last season. The Pistons’ front office had graded Lee as a first-round prospect, according to Edwards.

The Pistons didn’t have a second-rounder entering the draft but acquired the 38th pick, along with center Tony Bradley, from the Jazz for future considerations and cash.

Teams frequently make bargains with agents of second-round prospects to take their clients if they’ll agree to a two-way deal. However, Lee could compete for minutes on a rebuilding team.

Nets, Clippers Flip Late Second-Rounders

November 18th, 2020 at 11:28pm CST by Dana Gauruder

The Nets and the Clippers swapped a couple of late-round picks, with Brooklyn choosing guard Jay Scrubb of John A. Logan College at No. 55 and shipping him to the Clippers, Shams Charania of The Athletic tweets.

The Nets received the No. 57 pick — Mississippi State big man Reggie Perry. Presumably, the Clippers added some sort of sweetener to move up two spots, though the details haven’t yet been reported. It’s also possible this pick swap will be part of the other trade the Nets and Clippers agreed to tonight, involving Luke Kennard and Landry Shamet.

Scrubb, 20, played two seasons for John A. Logan, which is in the National Junior College Athletic Association. He averaged 21.9 PPG as a sophomore. Scrubb committed to Louisville before deciding to enter his name in the draft.

Perry, 20, averaged 17.4 PPG and 10.1 RPG as a sophomore for the Bulldogs. He was named co-SEC Player of the Year.

Grizzlies To Acquire No. 30 Pick, Draft Desmond Bane

November 18th, 2020 at 9:57pm CST by Luke Adams

UPDATE: This trade was folded into a larger three-team deal and is now official.

The Grizzlies have agreed to acquire the No. 30 pick from the Celtics, according to ESPN’s Adrian Wojnarowski (Twitter links). Memphis will use the selection to draft TCU shooting guard Desmond Bane, Woj adds.

In exchange for that No. 30 pick, Boston will receive two future second-round picks from the Grizzlies, tweets Adam Himmelsbach of The Boston Globe.

The Celtics had three first-round selections but didn’t want to add that many rookies to a team with championship aspirations. They will apparently retain their first two picks — Vanderbilt’s Aaron Nesmith (No. 14) and Oregon’s Payton Pritchard (No. 26).

Bane, 22, is viewed as one of the draft’s best shooters and could compete for a rotation spot as a rookie. He improved his draft stock with strong workouts and interviews, according to ESPN’s Jonathan Givony.

A four-year college player, Bane averaged 16.6 PPG, 6.4 RPG and 3.9 APG as a senior.

Nuggets To Acquire RJ Hampton

November 18th, 2020 at 9:28pm CST by Arthur Hill

The Pelicans will trade 24th pick RJ Hampton to the Nuggets, tweets Shams Charania of The Athletic. New Orleans will receive a 2023 lottery-protected first-rounder in return, according to Zach Lowe of ESPN (Twitter link).

Denver was among a handful of teams that worked out Hampton during the pre-draft process. The Nuggets also own the 22nd pick, which they used to select forward Zeke Nnaji of Arizona.

Hampton spent last season with the New Zealand Breakers in Australia’s National Basketball League. He appeared in 15 games before leaving in early February and returning to the United States to prepare for the draft.

Kennard To Clippers, Shamet To Nets In Three-Team Trade

November 18th, 2020 at 8:48pm CST by Luke Adams

The Clippers, Nets, and Pistons have agreed to a trade, according to Adrian Wojnarowski of ESPN and Shams Charania of The Athletic (Twitter links).

Wojnarowski and Charania report that Brooklyn will acquire Landry Shamet in the three-team trade, with Luke Kennard going to the Clippers and the Pistons acquiring Rodney McGruder and the No. 19 overall pick in tonight’s draft (Twitter link). Detroit selected Villanova forward Saddiq Bey using that selection.

The Clippers are betting that Kennard, who averaged 15.8 PPG on .442/.399/.893 shooting in 28 games for Detroit last season, will be an upgrade on Shamet, who recorded 9.3 PPG on .404/.375/.855 shooting in 53 games.

The Clippers also discussed a bigger trade with the Celtics which included Shamet, Vincent Goodwill of Yahoo tweets.

Kennard has a slightly less favorable contract than Shamet — he’s extension-eligible this fall and will be a restricted free agent in 2021 if he doesn’t sign a new deal. He’ll earn $5.3MM in 2020/21. Shamet, meanwhile, will earn $2MM in ’20/21 and $3.8MM in ’21/22 before potentially reaching restricted free agency in 2022.

Kennard is coming off an injury-marred season in which he played just 28 games due to tendinitis in both knees. However, he looked completely healthy during the team’s workouts in September.

Shamet provides another rotation guard for the Nets at a reasonable salary.

Bey is the third first-round pick by Detroit. It earlier selected Euro guard Killian Hayes at No. 7 and Washington center Isaiah Stewart at No. 16.

Suns Pick Up Option On Cameron Payne

November 18th, 2020 at 6:37pm CST by Arthur Hill

The Suns have picked up their $1.98MM option on guard Cameron Payne, according to John Hollinger of The Athletic.

Payne’s contract for the upcoming season only carries a $25K guarantee. He is expected to be the primary backup to Chris Paul, according to Hollinger, unless Phoenix drafts another point guard tonight.

Payne signed with the Suns at the end of June and appeared in all eight games at the Disney World complex, averaging 10.9 points, 3.9 rebounds and 3.0 assists in a reserve role. A first-round pick by the Thunder in 2015, Payne also played for the Bulls and Cavaliers. He was in Toronto’s training camp last fall, but was released before the start of the season and didn’t get another NBA opportunity until joining the Suns.

Rockets To Trade Ariza, No. 16 Pick To Pistons For Future First-Rounder

November 18th, 2020 at 5:56pm CST by Luke Adams

UPDATE: This trade is being folded into a larger deal between the Rockets and Pistons, as described in a separate story.

The Rockets are trading Trevor Ariza and the No. 16 pick in tonight’s draft to the Pistons in exchange for a future first-round pick, according to ESPN’s Adrian Wojnarowski (via Twitter). Houston will also receive the Lakers’ 2021 second-round pick from Detroit as part of the swap, sending $4.6MM to the Pistons, Wojnarowski adds (via Twitter).

Ariza and the No. 16 pick are part of the package Houston will receive from Portland in exchange for Robert Covington. That deal – and this new one – can’t be completed until after the Blazers make the No. 16 pick tonight. Portland will now be making that pick on behalf on the Pistons.

Ariza, 35, was a solid contributor for the Blazers last season, averaging 11.0 PPG and 4.8 RPG with a .491/.400/.872 shooting line in 21 games (33.4 MPG) after being acquired in a trade-deadline deal. He opted out of the NBA’s restart this summer in Orlando.

Ariza will make $12.8MM this season, so the Pistons will absorb that money using their cap room, reducing the space they’ll have available in free agency. However, it’s not clear yet whether the entire amount will be guaranteed. Portland will have to be guarantee about $7.1MM to make the deal with Houston work, notes Eric Pincus of Bleacher Report (via Twitter). If it’s still only partially guaranteed, that would give the Pistons more flexibility.

It remains to be seen if Ariza will be part of Detroit’s plans in 2020/21 — this deal is presumably more about the No. 16 overall pick. New general manager Troy Weaver will now enter tonight’s draft armed with the seventh and 16th selections as he looks to add young talent to the roster.

As for the pick the Pistons are sending out, it will be heavily protected, says James Edwards III of The Athletic (Twitter link). According to Edwards, it’ll be top-16 protected for the next four years, starting in 2021, then top-10 protected for two years and top-nine protected for one year. It would become a second-rounder if it still hasn’t changed hands at that point.

The Rockets, meanwhile, will pick up a pair of future draft picks while clearing enough salary from their books for the coming season to use their full mid-level exception, according to Wojnarowski. While there still may be a number of dominoes to fall in Houston, that MLE could give the Rockets enough spending power to sign a free agent who would help convince James Harden and Russell Westbrook the team can contend in the West.

As ESPN’s Bobby Marks points out (via Twitter), Houston will also create a trade exception in the deal. It’ll be worth Ariza’s guaranteed amount.

Photo courtesy of USA Today Sports Images.

Sixers Trading Al Horford, Draft Picks To Thunder For Danny Green

November 18th, 2020 at 4:26pm CST by Luke Adams

The Sixers and Thunder have agreed to a trade that will send Al Horford and two draft picks to Oklahoma City and Danny Green to Philadelphia, reports ESPN’s Adrian Wojnarowski (via Twitter).

The two picks headed to Oklahoma City are the Sixers’ 2025 first-round pick – which will be “lightly” protected – and the 34th pick in tonight’s draft, sources tell Wojnarowski (Twitter link). Keith Pompey of The Philadelphia Inquirer clarifies (via Twitter) that the ’25 first-rounder will be top-six protected.

According to Woj (Twitter link), Philadelphia will also receive wing Terrance Ferguson in the swap, while OKC will acquire the rights to draft-and-stash prospect Vasilije Micic, a 26-year-old who is considered one of the top point guards in Europe.

For the Sixers, the move represents a way to get off the most cumbersome prospect on the team’s books. While Horford (owed $27.5MM in 2020/21) would only have been Philadelphia’s fourth highest-paid player, the other three – Ben Simmons, Joel Embiid, and Tobias Harris – all have clear roles on the team going forward, whereas Horford wasn’t a great fit during his first year as a Sixer.

The 76ers will replace Horford will Green, a three-and-D wing who adds some much-needed outside shooting to their lineup. Although Green struggled for the Lakers late in the postseason, he was a solid starter throughout the regular season, averaging 8.0 PPG with a .367 3PT% in 68 games (24.8 MPG). He has won championships in each of the last two seasons, having been a major part of Toronto’s rotation in 2018/19.

As Bobby Marks of ESPN details (via Twitter), the Sixers’ financial savings as a result of the deal should be substantial. Marks estimates it’ll save the team $18MM in tax penalties in 2020/21, as well as $7.7MM in salary. There will also be $42MM in long-term savings, with Green on a $15MM expiring contract and Horford still owed guaranteed money in ’21/22 and ’22/23.

The Thunder, who are acquiring Green in a not-yet-finalized deal with the Lakers, will either fold this deal into that one, making it a three-teamer, or renounce their free agents and use cap room to take on Horford, as Marks notes (via Twitter). If Oklahoma City takes the latter route, it would presumably close the door on the possibility of a Danilo Gallinari sign-and-trade scenario.

The Thunder now hold four picks in tonight’s draft — Nos. 25, 28, 34, and 53. And, of course, the 2025 pick is the latest in a long line of future first-rounders acquired by GM Sam Presti, who continues to stockpile assets for the franchise’s rebuild.

Photo courtesy of USA Today Sports Images.

Magic Trade No. 45 Pick To Bucks

November 18th, 2020 at 2:26pm CST by Alex Kirschenbaum

The Magic have traded their No. 45 pick in today’s draft to the Bucks in exchange for two future second-rounders, the team’s official PR account tweets.

One of the second-rounders headed to Orlando is a Pacers pick and will be conveyed in either 2022, 2023, or 2024. The other is the Bucks’ second-round pick in 2026. Should MVP forward Giannis Antetokounmpo opt to depart Milwaukee next summer, that pick could end up landing fairly high in the second round.

The Pacers owe their 2021 second-round pick to the Nets, but it has 45-60 protection in both ’21 and ’22, meaning it may not change hands until it becomes unprotected in 2023. The Magic will get a Pacers second-rounder one year after the Nets get theirs.

The Bucks appear to be interested in adding second-round picks this year because, due to a CBA quirk, those picks will only count for $898K against both the luxury tax and hard cap if they sign for the minimum. Undrafted rookie free agents, meanwhile, would count for $898K against the cap but about $1.62MM against the luxury tax.

These small savings are imperative for Milwaukee since the Bucks will lack much wiggle room after their Jrue Holiday and Bogdan Bogdanovic trades are finalized and will likely surpass the luxury tax line, approaching their hard cap.

The Magic also hold the No. 15 selection in today’s draft, while the Bucks also have the No. 60 pick. There are conflicting reports on whether or not Milwaukee will also receive the No. 42 pick from New Orleans in the Holiday deal, which is not yet official.

Luke Adams contributed to this report.