Transactions Rumors | Hoops Rumors

Cavs Sign Alfonzo McKinnie To Four-Year Contract

February 10th, 2020 at 4:05pm CST by Luke Adams

FEBRUARY 10: Alfonzo McKinnie will earn a $1.5MM salary for the remainder of the 2019/20 season, according to ESPN’s Bobby Marks (Twitter link). Following this year, however, McKinnie’s deal through the 2022/23 season is non-guaranteed.

FEBRUARY 8: The signing is official, the team announced in a press release.

FEBRUARY 7: After signing him to a pair of 10-day contracts, the Cavaliers are bringing back swingman Alfonzo McKinnie on a multiyear deal, league sources tell Adrian Wojnarowski of ESPN (Twitter link).

Since Cleveland still has its mid-level exception available, the team has the ability to lock McKinnie up long-term and has opted to do so, according to Kelsey Russo of The Athletic, who reports (via Twitter) that the two sides agreed to a four-year deal worth $7.2MM. We’ll have to wait for the full details on that agreement, but it sounds like McKinnie may receive more than the prorated minimum this year. The later seasons almost certainly won’t be fully guaranteed.

McKinnie, who was a rotation player for the Warriors team that won the West last season, was the victim of a cap crunch in the fall and was beaten out by Marquese Chriss for Golden State’s final roster spot. McKinnie was claimed off waivers by the Cavaliers, who released him in January before his salary for 2019/20 could become fully guaranteed. However, he remained in Cleveland’s plans, signing those two 10-day deals before agreeing to a long-term contract today.

In 35 games (14.3 MPG) for the Cavaliers this season, McKinnie has averaged a modest 4.2 PPG and 2.9 RPG on .414/.222/.704 shooting. While he has struggled with his outside shot, the 27-year-old has performed well on the defensive end of the court.

Cavaliers Sign J.P. Macura, Malik Newman To 10-Day Deals

February 9th, 2020 at 4:29pm CST by JD Shaw

The Cavaliers have signed guards J.P. Macura and Malik Newman to 10-day contracts, the team announced in a press release.

The transactions bring Cleveland’s total roster count to 17 players, which includes Dean Wade and Matt Mooney on two-way contracts.

Macura, 24, has appeared in 32 games with Cleveland’s G League affiliate, the Canton Charge. He’s averaged 14.8 points, 4.4 rebounds and 2.2 assists across those contests, playing 30.1 minutes per game.

Newman, 22, has appeared in 31 contests with Canton this season, holding per-game averages of 17.4 points, 3.4 rebounds and 4.1 assists in 30.9 minutes. He also spent time with the team during summer league in 2019.

Cleveland was active around the trade deadline last week, trading for star center Andre Drummond while sending Brandon Knight, John Henson and a future second-round pick to Detroit. The team has upcoming games against the Clippers on Sunday and Hawks on Wednesday before the All-Star break.

Macura and Newman will both be eligible to play in three games over the course of their 10-day deals, with Cleveland also visiting Washington the Friday after All-Star Weekend.

Grizzlies Waive Dion Waiters

February 9th, 2020 at 3:57pm CST by Alex Kirschenbaum

3:57pm: The Grizzlies officially confirmed that they have waived Waiters, via a team press release (Twitter link).

3:39pm: The Grizzlies have waived Dion Waiters, acquired from the Heat in a three-team deal that also sent Justise Winslow and Gorgui Dieng to Memphis, according to Shams Charania of The Athletic and Stadium (Twitter link). A prior report had suggested that Waiters would not be long for Memphis.

The 6’3″ shooting guard, 28, was taken with the No. 4 pick by the Cavaliers in the 2012 NBA draft. He had productive, albeit erratic, seasons with the Cavaliers, Thunder and Heat before injuries and off-court issues marred his output. Waiters has not played more than 46 games since the 2015/16 NBA season. He has suited up for just three games this season.

The 26-26 Grizzlies are prioritizing youth and upside as they build around promising young stars Jaren Jackson Jr. and Ja Morant. While Waiters had to be included in the deal with Miami for salary-matching purposes, he wasn’t in Memphis’ long-term plans.

Charania notes that Waiters will be paid in full by the Grizzlies for the remainder of this season and his complete $12.6MM salary for the 2020/21 season, the final year remaining on the four-year, $52MM deal he signed with the Heat in 2017.

Clippers Waive Isaiah Thomas

February 8th, 2020 at 4:54pm CST by Arthur Hill

As expected, the Clippers have waived veteran guard Isaiah Thomas, two days after acquiring him from the Wizards in a three-team trade, tweets Shams Charania of The Athletic.

The move gives L.A. two open roster spots as it prepares to compete in the buyout market. The Clippers are expected to be leading contenders, along with the Lakers, for ex-Pacers guard Darren Collison if he decides to make an NBA comeback.

Thomas was sent to L.A. as part of the Marcus Morris deal, which was announced just before Thursday’s deadline. He averaged 12.2 points and 3.7 assists per night in 40 games for Washington, starting 37 of them.

The Clippers were Thomas’s fifth team in the past three seasons as he tries to work his way back into a stable situation after a devastating hip injury. He has a $1.62MM salary on a veteran’s minimum deal, so any team that claims him off waivers wouldn’t need cap room or a trade exception.

Warriors Sign Jeremy Pargo To 10-Day Contract

February 8th, 2020 at 2:22pm CST by Luke Adams

FEBRUARY 8: Pargo has officially signed his 10-day deal with the Warriors, the club confirmed today in a press release. The Warriors have now signed five players since the deadline, getting their roster count back up to 14.

FEBRUARY 7: The Warriors‘ run of free agent contract agreements will continue with a 10-day deal for Jeremy Pargo, according to Shams Charania of Yahoo Sports (via Twitter). Pargo is the fifth player to agree to a contract with Golden State in the last 24 hours.

Pargo will be called up from the Santa Cruz Warriors, but his résumé looks much different than a typical G-Leaguer’s. A combo guard, Pargo entered the NBA in 2011 and hasn’t appeared in a game since the 2012/13 season. Since then, he has had stops in Russia, Israel, China, Italy, and Lebanon. He also had a stint in the BIG3.

Pargo, who will turn 34 next month, appeared in 11 games for Golden State’s G League affiliate in 2017/18, then rejoined the club for the 2019/20 season. He has averaged 17.2 PPG, 5.8 APG, and 3.7 RPG with a .469/.331/.733 shooting line in 31 NBAGL games (31.1 MPG) this season.

It’s very unlikely that Pargo is part of the Warriors’ future plans, so this 10-day contract looks like a reward for his solid work in Santa Cruz. If and when he takes the court for Golden State, it will be his first NBA appearance since March 29, 2013.

The Warriors had six open roster spots after completing a series of deadline deals. They’ve since agreed to sign Pargo, Juan Toscano-Anderson, and Zach Norvell, and are promoting two-way players Ky Bowman and Marquese Chriss to their standard roster.

Warriors Sign Zach Norvell To 10-Day Deal

February 8th, 2020 at 2:18pm CST by ChrisCrouse

FEBRUARY 8: The Warriors have signed Norvell to his 10-day deal, the team announced today in a press release. The contract will cover Golden State’s next three games and will expire during the All-Star break.

FEBRUARY 6: The Warriors are not done making moves. According to Anthony Slater of The Athletic (Twitter link), the team will sign Zach Norvell to a 10-day contract.

The shooting guard suited up for the Lakers earlier this season, as he was on a two-way deal with Los Angeles. He was waived in December with only five minutes of NBA playing time to his name.

The Warriors had several open roster spots after making a handful moves at the trade deadline. They’re on track to fill three vacancies with Norvell, Juan Toscano-Anderson, and Ky Bowman, with Marquese Chriss likely to be promoted to the 15-man roster at some point.

Even if all four of those players are officially added to the standard roster, Golden State would still have two open spots.

Hornets Waive Michael Kidd-Gilchrist

February 8th, 2020 at 1:15pm CST by marksuleymanov

1:15pm: The Hornets have officially waived Kidd-Gilchrist, according to Rick Bonnell of the Charlotte Observer.

Charlotte now has two open roster spots and $5.2MM of its mid-level exception for the 2019/20 season left to spend, which the team could use to add G-League prospects, according to ESPN’s Bobby Marks (via Twitter).

11:50pm: The Hornets are finalizing a buyout with forward Michael Kidd-Gilchrist, according to ESPN’s Adrian Wojnarowski and Tim MacMahon (Twitter link). The Mavericks have emerged as a favorite to sign Kidd-Gilchrist once he clears waivers, Wojnarowski adds.

We relayed earlier this week with the trade deadline looming that Dallas had “kicked the tires” on Kidd-Gilchrist, among others. The veteran forward was once a reliable starter for the Hornets, with whom he has spent his entire career after being the second overall pick in the 2012 NBA Draft.

This season, however, the 26-year-old has appeared in just 12 games and is averaging 4.0 PPG and 2.9 PPG. Kidd-Gilchrist opted in to his $13MM option over the summer and entered camp this past fall without a defined role.

As he heads for free agency this summer, Kidd-Gilchrist could set himself up for a decent payday by playing well with a contending team down the stretch.

Magic Sign Gary Clark For Remainder Of Season

February 8th, 2020 at 10:50am CST by marksuleymanov

10:50am: The Magic have officially signed Clark to his new deal, according to a press release issued by the team.

8:41am: The Magic will sign forward Gary Clark for the remainder of the season, sources tell Yahoo Sports’ Chris Haynes (Twitter link). Clark inked a pair of 10-day deals with the Magic in recent weeks after being waived by the Rockets.

Clark, 25, has appeared in nine games for Orlando over the course of his two 10-day pacts. He has averaged 2.9 PPG and 3.1 RPG in 13.4 minutes per contest for the Magic.

After emerging as a solid rotation piece for the Rockets last season, Clark saw his minutes decrease in Houston before he was waived. Clark was one of three players on Houston’s roster without a guaranteed contract and was the most expendable at the salary guarantee deadline last month.

Nuggets Waive Gerald Green

February 7th, 2020 at 4:49pm CST by Luke Adams

As expected, the Nuggets have waived Gerald Green, the team announced today in a press release. Green was part of the massive 12-player trade completed this week by Denver and three other teams. He was sent to the Nuggets by the Rockets, having waived his ability to veto his inclusion.

Green re-signed with Houston during the 2019 offseason after averaging 9.2 PPG on .400/.354/.838 shooting in 73 games (20.2 MPG) in 2018/19. He was expected to be a rotation player for the team again, but a foot injury derailed his season. The veteran swingman underwent surgery a week in October and was ruled out for six months.

Green said last month that he hadn’t given up hope on the idea of returning for the playoffs. That could still be a possibility if he makes good progress in his recovery. By waiving him before March 1, Denver has assured that Green could sign with a team anytime between now and the end of the season and still be playoff-eligible. He’d be ineligible to rejoin the Rockets, however.

Denver will be on the hook for Green’s $1,620,564 cap hit. The club now has an open spot on its 15-man roster.

Warriors Sign Ky Bowman To Multiyear Deal

February 7th, 2020 at 2:50pm CST by ChrisCrouse

FEBRUARY 7: The Warriors have officially promoted Bowman to the 15-man roster and signed him to his new contract, the team announced in a press release.

FEBRUARY 6: The Warriors have agreed to a multiyear deal with Ky Bowman, Shams Charania of The Athletic reports (Twitter link). Bowman had been on a two-way deal with the team.

Players on two-way contracts are subjected to at most 45 days with the NBA club, which includes non-game days. Bowman had used up his full 45 days with the Warriors, so once the new deal is official, he’ll be able to return to the NBA.

Bowman has appeared in 37 games for the Warriors this year. The point guard, who went undrafted last June, is averaging 7.3 points with a career-high of 24, which came in a late November contest against Oklahoma City. With D’Angelo Russell out of the picture, Bowman should get plenty of opportunity, though Andrew Wiggins looms as a competitor for shots.

The Warriors’ deadline deals left them with just nine players on their standard roster, so more signings will be coming, including the possible promotion of Marquese Chriss. Golden State won’t be able to sign two-way replacements for Bowman and/or Chriss, since the deadline for two-way signings passed on January 15.