Transactions Rumors | Hoops Rumors

Warriors Sign Marquese Chriss To Two-Year Deal

February 7th, 2020 at 2:49pm CST by Luke Adams

2:49pm: Chriss’ new deal with the Warriors is now official, according to a press release from the club.

11:25am: The Warriors have reached an agreement to sign Marquese Chriss to a two-year deal, reports ESPN’s Bobby Marks (via Twitter).

A promotion to the 15-man roster for Chriss, who had been on a two-way contract, had been widely expected after Golden State traded more than a third of its roster at the deadline. The Warriors’ deadline deals left them with just nine players on their standard roster. The team has since reached agreements with Ky Bowman (promotion from two-way deal), Juan Toscano-Anderson (standard contract), Zach Norvell (10-day contract), and now Chriss.

A former lottery pick, Chriss earned the Warriors’ final roster spot in the preseason and has averaged 7.9 PPG and 5.4 RPG in 47 contests (18.6 MPG) so far this season.

He briefly reached free agency last month when Golden State waived him before his 2019/20 salary could become fully guaranteed. He returned to the club on a two-way contract within a week and now will be moved back to the standard roster. Details of his new contract aren’t yet known, but it figures to be a minimum-salary deal and probably won’t be fully guaranteed for next season.

Even after completing all their reported signings, the Warriors will still have just 13 players under contract, so another move will be required to reach the NBA-mandated minimum of 14.

With Golden State moving both Bowman and Chriss to the standard roster, the team won’t have any two-way players for the rest of the season, since the deadline to sign players to two-way contracts was January 15.

Photo courtesy of USA Today Sports Images.

Warriors Sign Juan Toscano-Anderson

February 7th, 2020 at 2:48pm CST by ChrisCrouse

FEBRUARY 7: The Warriors have officially announced their deal with Toscano-Anderson.

FEBRUARY 6: The Warriors have had a busy 24 hours. The team dealt away a pair of veterans to the Sixers late last night and followed that up today by trading D’Angelo Russell to the Wolves. The franchise inked Ky Bowman to a multi-year deal and now, Marcus Thompson of The Athletic tweets that they are signing Juan Toscano-Anderson to a contract for the remainder of the season.

Toscano, who is from the Bay Area, has been playing with for the Santa Cruz Warriors. He’s been with Golden State’s G League affiliate since the 2018/19 season, joining the NBA team last fall for training camp and the preseason.

This season, Toscano-Anderson has averaged 12.5 PPG, 9.2 RPG, and 2.6 APG in 31 games (29.0 MPG) in the G League. The 6’6″ forward played all four years of his college ball at Marquette University. He was not selected in the 2015 draft.

The Warriors, who dipped all the way to nine players after their trades earlier today, still have a handful of open roster spots.

Sixers Waive Jonah Bolden, Promote Norvel Pelle

February 7th, 2020 at 10:30am CST by Luke Adams

10:30am: The Sixers have officially waived Bolden and signed Pelle to his new contract, per Keith Pompey of The Philadelphia Inquirer (Twitter link).

10:23am: The Sixers are making a change to the back of their roster, according to Derek Bodner of The Athletic, who reports (via Twitter) that the team will waive Jonah Bolden in order to sign two-way player Norvel Pelle to a standard contract.

Bodner adds (via Twitter) that Pelle’s new contract will be a multiyear deal. This season will be fully guaranteed, and next year’s salary will become guaranteed if he remains on the roster through July 6, a source tells Bodner.

Pelle, who turned 27 on Monday, has averaged 2.5 PPG and 3.6 RPG in 14 appearances (11.1 MPG) for the 76ers this season. The big man, a member of the NBAGL All-Defensive Team in 2019, has put up flashier numbers for the Delaware Blue Coats, recording 14.1 PPG, 9.4 RPG, and 2.4 BPG in seven G League games (22.6 MPG) this season. He had reached his 45-day NBA limit and will now be permitted to rejoin the Sixers once his new deal is official.

As for Bolden, the 36th overall pick in the 2017 draft fell out of Philadelphia’s rotation entirely this season, logging just 14 minutes in four games for the club. He was under contract through 2022, but his salaries for the next two years are non-guaranteed, so the Sixers won’t be on the hook for any dead money beyond this season. He’ll become an unrestricted free agent if he clears waivers on Sunday.

The 76ers won’t be able to sign a two-way player to replace Pelle, since the deadline to do so was January 15.

Nets Sign Timothe Luwawu-Cabarrot To Multiyear Deal

February 7th, 2020 at 10:19am CST by Luke Adams

10:19am: The Nets have officially signed Luwawu-Cabarrot, according to a press release from the team.

9:33am: The Nets are signing wing Timothe Luwawu-Cabarrot to a multiyear contract, according to his agent Misko Raznatovic (Twitter link). Brooklyn had an open spot on its 15-man roster, so no corresponding move will be required to complete the deal.

Luwawu-Cabarrot, who inked a two-way contract with Brooklyn in October, was waived last month so the Nets could sign a new two-way player (Jeremiah Martin) who would have a fresh allotment of allowable NBA days. However, the club immediately brought back TLC on a pair of 10-day deals. The second of those contracts expired earlier this week, and now that the trade deadline has come and gone without the Nets needing to use that open roster spot, they’ll bring Luwawu-Cabarrot back into the fold.

A first-round pick in 2016, Luwawu-Cabarrot has bounced around the league in his four NBA seasons, playing for the Sixers, Thunder, and Bulls before arriving in Brooklyn. In 25 games (15.3 MPG) for the Nets this season, he has averaged 5.2 PPG and 2.1 RPG with a solid .448/.431/.767 shooting line.

While Raznatovic didn’t specify the terms on Luwawu-Cabarrot’s new contract, it figures to be a two-year, minimum-salary deal, given Brooklyn’s cap limitations. Next season is unlikely to be fully guaranteed.

Pistons Trade Andre Drummond To Cavaliers

February 6th, 2020 at 9:21pm CST by Dana Gauruder

9:21pm: It’s a done deal, with the Cavaliers and Pistons both issuing press releases to confirm the trade. Detroit announced in a separate release that, as expected, Frazier has been waived to make room on the roster for the incoming players.

1:19pm: The Cavaliers are finalizing a trade with the Pistons that will see them acquire center Andre Drummond, a league source tells ESPN’s Adrian Wojnarowski (Twitter link).

According to Kevin O’Connor of The Ringer (via Twitter), Detroit will receive Brandon Knight and John Henson, both of whom are on expiring contracts. Cleveland will also send the Pistons a second-round pick, per O’Connor.

The pick will be the lesser of Cleveland’s 2023 own pick or the 2023 second-rounder Golden State owes the Cavaliers, Chris Fedor of Cleveland.com tweets.

Drummond, the league’s premier rebounder, holds a $28.75MM option on his contract for next season and he’s expected to opt out and test a weak free agent market. The Pistons reportedly were prepared to retain Drummond after talks with the Hawks and Knicks fell through but ultimately decided to move on and go into rebuild mode. Detroit was looking for a first-round pick for Drummond but settled on the second-rounder, along with those expiring contracts.

The modest haul for Drummond was surprising but Detroit’s front office wanted to avoid the possibility of Drummond opting in, O’Connor adds in another tweet. It also gives Cleveland the opportunity to see how Drummond meshes with the young backcourt of Collin Sexton and Darius Garland.

The Pistons will now have approximately $35MM in cap space this summer, Bobby Marks of ESPN tweets. Cleveland will be close to the cap if Drummond opts in or re-signs with the starting salary in the $29-$30MM range, Marks adds.

Knight is making approximately $15.64MM and Henson has a $9.73MM contract, so the Pistons will shave some money off this year’s cap. They were perilously close to the luxury tax line prior to the proposed deal. Detroit was less than $4,000 under the tax line but moves to $1.7MM under the threshold via this trade, according to Marks (Twitter link).

Drummond has a $857K trade bonus that will be applied to his $27.1MM cap hit for this season, Marks relays in another tweet. Drummond, who has spent his whole career with Pistons since being chosen in the 2012 lottery, is averaging 17.8 PPG and an NBA-best 15.8 RPG this season.

The Pistons will have to open up a roster spot before making the trade official since it is at the 15-man limit. It’s likely that Tim Frazier, who has served as the No. 3 point guard behind Derrick Rose and Reggie Jackson, will be waived unless Detroit makes another trade, Vince Ellis of the Detroit Free Press tweets.

Photo courtesy of USA Today Sports Images.

Kings Trade Dewayne Dedmon To Hawks

February 6th, 2020 at 8:18pm CST by Arthur Hill

FEBRUARY 6: Nearly 24 hours after it was agreed upon, the Kings and Hawks have officially announced their trade sending Dedmon and a pair of second-round picks to Atlanta in exchange for Parker and Len. Sacramento also confirmed that the team has released Eric Mika, as we relayed in a separate story.

FEBRUARY 5: Dewayne Dedmon will return to Atlanta, as the Kings have reached a deal to send their unhappy center to the Hawks, tweets ESPN’s Adrian Wojnarowski. Sacramento will receive Jabari Parker and Alex Len in return, while Atlanta will get a pair of second-round picks.

The two second-round selections aren’t Sacramento’s own picks, according to Sam Amick of The Athletic (Twitter link), who reports that the Hawks will receive Houston’s 2020 second-rounder and Miami’s 2021 second-rounder. The Kings had been owed seven extra second-round selections through the 2025 draft, so they’ll still have a surplus of picks going forward.

Because the Kings have a full roster, they’ll have to open a spot before the deal can be completed. One possibility is an early release for Eric Mika, who signed a 10-day contract on February 1.

Dedmon was the Hawks’ starting center for the past two seasons before joining the Kings in free agency last summer on a three-year, $41MM contract. Things quickly went south in Sacramento as he lost his starting job to Richaun Holmes. He became outspoken about his lack of playing time and was fined $50K in early January for making a public trade request. Dedmon averaged 5.1 points and 4.9 rebounds in 34 games with the Kings.

Sacramento adds Parker, who holds a $6.5MM player option for next season, along with Len, who has a $4.16MM expiring contract. Both are former top-five draft picks who are trying to revive their careers after disappointing starts.

Parker averaged 15.0 points and 6.0 rebounds in 32 games after signing with the Hawks as a free agent last summer. He was also traded at last year’s deadline, making the Kings his fourth team in the past two seasons. Len was averaging 8.7 PPG and 5.8 RPG through 40 games in his second season with Atlanta.

The deal didn’t catch Len by surprise, according to Chris Kirschner of The Athletic. (Twitter link). When asked before tonight’s game about the trade that will bring Clint Capela to Atlanta, Len responded, “We have what like 24 hours left (until the trade deadline)? It’s going to be really interesting because we have four bigs. Something is probably going to happen now.”

Photo courtesy of USA Today Sports Images.

Clippers Acquire Marcus Morris In Three-Team Trade

February 6th, 2020 at 7:37pm CST by Luke Adams

7:37pm: The Clippers, Wizards, Knicks have issued press releases officially announcing this three-team trade sending Morris to the Clips.

Meanwhile, Mike Vorkunov of The Athletic clarifies (via Twitter) that the Knicks only have the rights to swap their own 2021 first-round pick with the Clippers’ 2021 first-rounder — New York can’t swap Dallas’ 2021 first-rounder selection for L.A.’s.

1:45pm: The Clippers and Knicks have reached an agreement on a trade that will send Marcus Morris to Los Angeles, sources tell Shams Charania of The Athletic (Twitter link). According to Marc Berman of the New York Post, the return for Morris will feature Maurice Harkless and multiple draft picks, including the Clippers’ 2020 first-rounder.

The deal will also include a third team, according to ESPN’s Adrian Wojnarowski (Twitter link), who reports that the Wizards will acquire Jerome Robinson from the Clippers, sending Isaiah Thomas to L.A.

The Knicks will get Detroit’s 2021 second-round pick from the Clippers, as well as the right to swap first-round picks with the Clippers in ’21, reports Ian Begley of SNY.tv (via Twitter). That pick swap will have top-four protection, adds Ohm Youngmisuk of ESPN (via Twitter). Draft-and-stash prospect Issuf Sanon will also go to New York (from Washington), tweets David Aldridge of The Athletic.

When Charania previously reported that the Knicks and Clippers were in serious discussions about Morris, Jovan Buha of The Athletic suggested that Los Angeles was offering Harkless, Mfiondu Kabengele, Terance Mann and its 2020 first-round pick. The final package for the Knicks is heavier on draft assets than NBA players, with Kabengele and Mann remaining in L.A.

Morris, 30, is having a career year in New York, with averages of 19.6 PPG and 5.4 RPG to go along with a .442/.439/.823 shooting line in 43 games (32.3 MPG). The Knicks were initially believed to be leaning toward keeping him and trying to re-sign him in free agency this summer, but changed course following Steve Mills‘ removal from the president of basketball operations role earlier this week.

Morris will join a talented Clippers frontcourt that features star forwards Kawhi Leonard and Paul George. According to Chris Haynes of Yahoo Sports (via Twitter), the team plans to start all three players when everyone’s healthy, alongside Patrick Beverley and Ivica Zubac.

The Lakers were among the other teams with interest in Morris, but were reportedly unwilling to include both Kyle Kuzma and Danny Green in a potential deal.

Photo courtesy of USA Today Sports Images.

Rockets, Grizzlies Swap Jordan Bell, Bruno Caboclo

February 6th, 2020 at 7:18pm CST by Arthur Hill

7:18pm: The trade is official, the Grizzlies and Rockets announced in a pair of press releases.

12:22pm: The Rockets have agreed to trade newly-acquired center Jordan Bell to the Grizzlies in exchange for Bruno Caboclo, tweets ESPN’s Adrian Wojnarowski.

The Grizzlies will receive a potential second-round pick swap as well, with Memphis having the choice to trade the least favorable of the Mavericks’ and Heat’s 2023 selections for Houston’s 2023 second-rounder as long as the Rockets’ pick isn’t No. 31 or 32, a source tells Wojnarowski (Twitter link).

Bell, 25, came to Houston in the four-team trade that was completed last night. He appeared in 27 games for the Timberwolves this season, averaging 3.1 points and 2.9 rebounds per night.

Caboclo, 24, was in his second season in Memphis, averaging 2.8 PPG and 2.0 RPG in 22 games. He was in training camp with Houston in 2018, but was waived before the start of the season.

The Rockets have been targeted Caboclo for a while and believed they had a good chance to acquire him on the day Gary Clark was waived last month, according to Jonathan Feigen of The Houston Chronicle (Twitter link).

Both teams will generate trade exceptions for their outgoing players and add their incoming players under the minimum exception, tweets Jeff Siegel of Early Bird Rights. Bell is making $1,620,564 this season, while Caboclo earns $1,845,301.

Heat Acquire Iguodala, Crowder In Three-Team Trade

February 6th, 2020 at 7:10pm CST by Luke Adams

7:10pm: The trade is now official, according to press releases from the Timberwolves, Heat, and Grizzlies. Minnesota became part of the deal by agreeing to acquire Johnson for Gorgui Dieng, as we outlined in a separate story, making it a three-team trade.

11:16am: The Grizzlies and Heat have agreed to a trade that will send Andre Iguodala, Jae Crowder, and Solomon Hill to Miami in exchange for Justise Winslow, Dion Waiters, and James Johnson, reports ESPN’s Adrian Wojnarowski (via Twitter). No draft picks will be included in the deal.

Shams Charania of The Athletic (all Twitter links) first reported that Crowder, Hill, and Waiters would be involved in the trade, which broke last night.

There’s still time for the agreement to be expanded to include the Thunder and Danilo Gallinari, but those talks between Oklahoma City and Miami have “fully stalled,” according to Woj (Twitter link).

The Heat were hoping to fold an acquisition of the veteran forward into the trade, perhaps extending his contract in the process. However, Wojnarowski tweets that the Grizzlies and Heat are focusing on officially finalizing a two-team deal for now, with Miami still unable to reach an agreement for Gallinari.

Barry Jackson of The Miami Herald has heard similar rumblings, tweeting that Crowder and Hill could be re-routed to Oklahoma City if the deal is expanded to include Gallinari, but for now Hill is under the impression he’ll end up in Miami, along with Crowder.

Even if the Heat can’t land Gallinari, they’ll add three veterans capable of playing rotation roles in Iguodala, Crowder, and Hill. Although Iguodala hasn’t appeared in a game at all since being traded from Golden State to Memphis in July, he played key minutes on the Warriors’ championship teams in recent years and will be well-rested for the stretch run.

As we detailed in a previous story, Iguodala and the Heat have reached an agreement on a two-year, $30MM contract extension as part of the trade. The second season of Iguodala’s extension will reportedly be a team option, allowing Miami to retain its financial flexibility to participate in a loaded free agent class in 2021. The Heat are expected to guarantee the second season of Iguodala’s deal for if they miss out on their top free agent targets in ’21, per Wojnarowski (Twitter link).

Crowder and Hill, meanwhile, have helped the Grizzlies exceed expectations and compete for a playoff spot this season. Crowder has started 45 games, averaging 9.9 PPG and 6.2 RPG and playing strong perimeter defense, while Hill has averaged 5.7 PPG with a .381 3PT% in 48 games (18.8 MPG).

The trade will also help the Heat out financially, since they’re sending out more money than they’re taking back. ESPN’s Bobby Marks tweets that Miami is now $3.4MM below its hard cap and reduced its projected tax bill by nearly $3.7MM. That could allow the Heat to be a player in the buyout market, though the team still has a full 15-man roster.

The franchise also cleared a significant amount of salary for 2020/21 in the deal, though Iguodala’s extension cuts into that newfound flexibility a little.

As for the Grizzlies, they’ll take on three pricey multiyear contracts in exchange for their three expiring deals. Having also extended Dillon Brooks on Wednesday, Memphis has gone from having $50MM in projected cap room to likely being over the cap this summer, tweets Jeff Siegel of Early Bird Rights.

Winslow is the prize of the deal for Memphis. The former lottery pick is under contract for $13MM annually through 2021/22, with a team option on the final year. Winslow has flashed tantalizing upside as a ball-handler and defender, but injuries have limited him to just 11 games this season. He’s currently sidelined with a lower back bone bruise.

Johnson and Waiters are on oversized contracts — Johnson is earning $15.35MM this season with a $16.05MM player option for 2020/21, while Waiters is owed $12.1MM this season and $12.65MM next year. Memphis’ willingness to take on those deals signals that the team is willing to roll over its cap room to 2021.

Both Johnson and Waiters have spent much of the season in the doghouse in Miami, but Johnson has at least appeared in 18 games, averaging 5.7 PPG and 2.9 RPG on .448/.356/.571 shooting in 15.6 minutes per contest.

Photos courtesy of USA Today Sports Images.

Nuggets Trade Napier To Wizards For McRae

February 6th, 2020 at 6:56pm CST by Arthur Hill

6:56pm: The Nuggets have officially announced their swap of Napier for McRae, issuing a press release to confirm the deal is done.

1:13pm: The Nuggets are trading newly-acquired point guard Shabazz Napier to the Wizards in exchange for guard Jordan McRae, reports Candace Buckner of The Washington Post (Twitter link).

Both players have expiring contracts ($1.6MM for McRae and $1.8MM for Napier), and the Nuggets will get early Bird rights when McRae hits free agency this summer, tweets Bobby Marks of ESPN.

Napier came to Denver from Minnesota in the four-team deal that was completed last night. He averaged 9.6 points and 5.2 assists in 36 games in his first season with the Timberwolves. He provides depth at point guard if John Wall winds up missing the rest of the season.

McRae gives the Nuggets another instant-offense option off their bench to help make up for the loss of Malik Beasley. In his second season in Washington, McRae was averaging 12.8 PPG and shooting 37.7% from 3-point range through 29 games.

McRae has missed the past four games with an injured right ankle, but is expected to be ready tomorrow, tweets Mike Singer of The Athletic. McRae can handle both backcourt spots and the Nuggets gave up a player they didn’t really need, adds Nick Kosmider of The Denver Post (Twitter link).