Transactions Rumors | Hoops Rumors

Raptors Exercise Bruce Brown’s 2024/25 Team Option

June 28th, 2024 at 3:01pm CST by Luke Adams

The Raptors are exercising their $23MM team option on Bruce Brown‘s contract for the 2024/25 season, sources tell ESPN’s Adrian Wojnarowski (Twitter link). According to Josh Lewenberg of TSN.ca (Twitter link), the club has officially confirmed the move.

There had been some speculation that Toronto would pick up that option on Brown as part of a trade agreement, and Wojnarowski refers to the swingman as a “valuable trade asset.” However, it doesn’t sound like any deal is in place at this point to send Brown to a new team.

After playing a crucial role off the bench for the Nuggets during their 2022/23 championship season, Brown drew significant interest as a free agent last summer and eventually signed a two-year, $45MM contract with the Pacers. Indiana sent him to Toronto in January as part of a trade package for Pascal Siakam.

In 67 total appearances (44 starts) for the Pacers and Raptors, Brown averaged 10.8 points, 4.2 rebounds, and 2.9 assists in 27.9 minutes per game, posting a shooting line of .478/.323/.824. The 6’4″ wing is considered a solid, versatile perimeter defender who is a good fit next to more ball-dominant players on offense.

Exercising Brown’s $23MM option and taking on salary in their now-official trade with the Kings puts the Raptors on track to operate as an over-the-cap team this offseason. They’ll have a decision to make on another wing Gary Trent Jr., who will be an unrestricted free agent. Re-signing Trent would likely prevent Toronto from using the non-taxpayer mid-level exception while remaining out of tax territory, as Blake Murphy of Sportsnet.ca tweets.

Whether Brown plays out the season in Toronto or is dealt to a new team, he’ll return to unrestricted free agency in 2025, since he won’t become extension-eligible before his current deal expires.

Kings Trade Davion Mitchell, Sasha Vezenkov To Raptors

June 28th, 2024 at 2:36pm CST by Luke Adams

JUNE 28: The trade is official, the Raptors announced in a press release, confirming the details outlined below. Toronto used the No. 45 pick to select Houston Cougars guard Jamal Shead on Thursday.

“This trade provides us with a mix of young and veteran players, as well as future flexibility and draft assets, as we continue our quest to win, and so we’re pleased to welcome Davion, Sasha and Jamal to the Raptors and to Toronto,” Raptors general manager Bobby Webster said in a statement. “We thank Jalen for his contributions, and we wish him all the best in the future.”

Because the trade was completed before the new league year began, Toronto completed it using salary-matching and the Siakam trade exception (as explained below) rather than using cap room, which is a signal that they intend to operate over the cap this offseason.

JUNE 27: The Kings have agreed to trade guard Davion Mitchell and forward Sasha Vezenkov to the Raptors, reports Adrian Wojnarowski of ESPN (Twitter link). Toronto is also receiving the No. 45 pick in tonight’s draft, per Wojnarowski (Twitter link), as well as Portland’s 2025 second-round pick, according to Sean Cunningham of FOX 40 Sacramento (Twitter link).

Sacramento will acquire forward Jalen McDaniels from Toronto in the swap, Wojnarowski adds (via Twitter).

The ninth overall pick in the 2021 draft, Mitchell averaged 11.5 points per game as a rookie but is primarily known as a defensive specialist. In 2023/24, he averaged 5.3 points and 1.9 assists in 15.3 minutes per game across 72 appearances for the Kings, almost exclusively in a reserve role.

Keon Ellis‘ emergence last season and the arrival of No. 13 pick Devin Carter created a crowded backcourt picture in Sacramento and it appears Mitchell will be the odd man out.

Vezenkov, the 2022/23 EuroLeague MVP, was selected 57th overall in the 2017 draft but didn’t make the move to the NBA until last summer, when he signed a three-year, $20MM contract with the Kings. It was an up-and-down NBA rookie year for the 28-year-old, who converted 37.5% of his three-point tries but averaged just 12.2 minutes per game in 42 contests, contributing 5.4 PPG and 2.3 RPG.

A series of June reports suggested that a trade involving Vezenkov was a possibility for the Kings, who projected to be up against the luxury tax after agreeing to re-sign Malik Monk to a four-year, $78MM contract. As cap expert Yossi Gozlan tweets, swapping out Vezenkov’s $6.66MM salary and Mitchell’s $6.45MM cap hit for McDaniels’ incoming $4.74MM salary will give Sacramento about $7MM in spending flexibility below the tax heading into free agency.

The move will also open up a spot on the Kings’ 15-man roster and should generate a pair of trade exceptions for Sacramento, including one worth Vezenkov’s salary ($6.66MM).

McDaniels had a poor season in Toronto in 2023/24, averaging just 3.4 PPG on .344/.169/.730 shooting in 50 games (10.8 MPG). But the athletic 6’9″ wing is only one year removed from scoring a career-high 9.4 PPG, and he had a career shooting line of .465/.345/.784 prior to last season.

As for the Raptors, they’ll take on some extra salary for 2024/25 but neither Mitchell nor Vezenkov is owed guaranteed money beyond next season, and both players could vie for rotation minutes if they remain on the roster. Mitchell is extension-eligible this offseason before potentially reaching restricted free agency in 2025, while Vezenkov’s deal includes a $6.98MM team option for 2025/26.

Toronto now controls the No. 31 and No. 45 picks on Thursday after selecting Baylor’s Ja’Kobe Walter at No. 19 on Wednesday.

The Raptors have multiple options for how to complete the deal. If they intend to operate over the cap, they could use McDaniels’ outgoing salary to match Vezenkov’s incoming figure, then take Mitchell’s salary into a $10MM+ trade exception they created in January’s Pascal Siakam deal. If they plan to operate under the cap, they’ll simply absorb the two incoming salaries using their room. Taking the former route would hard-cap them at the first tax apron for 2024/25.

Pacers’ Jalen Smith To Decline Option, Become Free Agent

June 28th, 2024 at 1:22pm CST by Luke Adams

Pacers big man Jalen Smith has decided not to pick up his player option for the 2024/25 season, according to Michael Scotto of HoopsHype (Twitter link). Declining that $5.42MM option will make Smith an unrestricted free agent on Sunday.

Smith, one of Myles Turner‘s backups at center, was among the beneficiaries of the Pacers’ high-flying offense led by Tyrese Haliburton, setting new career highs in points per game (9.9), field-goal percentage (59.2%), and three-point percentage (42.4%) in 2023/24. He also contributed 5.5 rebounds per game in his part-time role (17.2 MPG).

Teams with interest in Smith may be wary of his leap in efficiency – he was a 48.5% career shooter, including 29.7% on three-pointers prior to ’23/24 – but he’s a versatile forward/center who is still just 24 years old and should get a long look from teams in need of frontcourt depth.

A new agreement with Indiana remains a possibility, since the team will hold his Bird rights and can go over the cap to re-sign him. However, Indiana has already committed to Pascal Siakam on a four-year, maximum-salary contract and will have to deal with Obi Toppin‘s restricted free agency as well.

With the luxury tax line to consider and Isaiah Jackson a candidate to take on a larger role at the five, the Pacers will likely be cautious about how high they go to retain Smith, who came in at No. 42 on our list of this year’s top 50 free agents.

Pacers To Sign Josiah-Jordan James To Exhibit 10 Contract

June 28th, 2024 at 12:57pm CST by Arthur Hill

Tennessee guard Josiah-Jordan James will join the Pacers on an Exhibit 10 contract, according to Mike Wilson of The Knoxville News Sentinel (Twitter link). He’ll be part of Indiana’s Summer League team and will be given a chance to earn a two-way roster spot, Wilson adds.

James is a fifth-year senior who appeared in 144 games during his time with the Volunteers. He helped Tennessee reach the Elite Eight this year for the second time in program history.

The 23-year-old appeared in 36 games this season, averaging 8.4 points, 6.4 rebounds and 1.9 assists in 29.2 minutes per night while shooting 46.3% from the field and 34.1% from three-point range.

An Exhibit 10 contract is a non-guaranteed minimum-salary deal that doesn’t count against a team’s cap unless the player makes the regular season roster. It can be converted to a two-way contract before the season begins or can put a player in line to earn a bonus if he’s waived and then spends at least 60 days with his team’s G League affiliate.

Pelicans Exercising Options On Alvarado, Robinson-Earl

June 28th, 2024 at 11:30am CST by Arthur Hill

The Pelicans will pick up their team options on point guard Jose Alvarado and power forward/center Jeremiah Robinson-Earl, a source tells Christian Clark of NOLA (Twitter link).

Alvardo, 26, has been a valuable reserve for New Orleans over the past three seasons and finished sixth in this year’s Sixth Man of the Year balloting after averaging 7.1 points, 2.3 rebounds and 2.1 assists in 56 games. His $1.99MM salary for next season will remain non-guaranteed, but he’s obviously still in the Pelicans’ plans and is in no danger of getting waived.

The decision means Alvarado’s free agency will be unrestricted in 2025, rather than restricted this summer. He will be eligible to sign an extension anytime during the 2024/25 league year.

Robinson-Earl, 23, signed a two-way contract with New Orleans in November after being waived by Houston. He was converted to a standard deal in February that included a $2.2MM team option for 2024/25. He appeared in 39 games last season, averaging 2.9 points and 1.9 assists in 8.6 minutes per night.

Robinson-Earl will also be on track for unrestricted free agency in 2025 with his option exercised.

Suns’ Josh Okogie To Decline Player Option

June 28th, 2024 at 11:06am CST by Arthur Hill

Suns guard Josh Okogie will turn down his $2.95MM player option for next season and test free agency, sources tell Michael Scotto of HoopsHype (Twitter link).

Okogie, 25, came to Phoenix as a free agent in 2022 and re-signed with the team last summer on a two-year deal that included the option. The Suns used him mainly in a backup role, as he averaged 4.6 points, 2.6 rebounds and 1.1 assists in 60 games this season while playing 16 minutes per night.

A recent report indicated that Phoenix was hoping Okogie would exercise the option to help with roster stability. Only seven members of this year’s 15-man roster are currently under contract for 2024/25.

The Suns still want to re-sign the veteran wing, according to Gerald Bourguet of PHNX Sports, who suggests (via Twitter) the team has interest in a deal a little above the veteran’s minimum. Phoenix holds Okogie’s Early Bird rights.

Okogie was selected by Minnesota with the 20th pick in the 2018 draft. He spent four years with the Wolves before accepting an offer in Phoenix.

Okogie joins Suns teammates Eric Gordon and Drew Eubanks in declining their options for next season. The team is still awaiting a decision from Damion Lee, who must determine whether to pick up his $2.8MM option by Saturday.

Cavaliers To Sign Darius Brown II To Exhibit 10 Deal

June 28th, 2024 at 10:51am CST by Rory Maher

Free agent guard Darius Brown II will be signing an Exhibit 10 contract with the Cavaliers, reports Jon Chepkevich of DraftExpress.com (via Twitter).

Brown, who went undrafted in 2024, had previous collegiate stops at Cal State Northridge and Montanta State before finishing out his career with Utah State in 2023/24. As a “super senior” this past season for the Aggies, he averaged 12.3 PPG, 4.3 RPG, 6.5 APG and 1.5 SPG on .446/.398/.865 shooting in 35 games (36.1 MPG).

An Exhibit 10 contract is a non-guaranteed minimum-salary deal that doesn’t count against a team’s cap unless the player makes the regular season roster. It can be converted to a two-way contract before the season begins or can put a player in line to earn a bonus if he’s waived and then spends at least 60 days with his team’s G League affiliate.

Clippers To Sign Trentyn Flowers

June 28th, 2024 at 10:15am CST by Rory Maher

The Clippers plan to sign free agent forward Trentyn Flowers, according to Law Murray of The Athletic (Twitter link).

It’s unclear what type of contract the 19-year-old will receive, but Flowers was considered a potential late second-round pick (No. 56) on ESPN’s big board before going undrafted in 2024. He was the fourth-best prospect available on the open market, per ESPN.

Considering he was called by president of basketball operations Lawrence Frank, owner Steve Ballmer and head coach Tyronn Lue (Twitter video link), it seems highly likely that Flowers received more than a summer league deal, but again, the terms have yet to be reported.

An American prospect who spent the 2023/24 season in the NBL’s Next Stars program, Flowers averaged 5.2 points and 2.9 rebounds on .458/.421/.613 shooting in 18 games (12.7 minutes) with the Adelaide 36ers. Flowers is considered a top-tier athlete with scoring upside, but the rest of his game isn’t very well rounded at this stage of his development.

Bulls Sign Marcus Domask To Exhibit 10 Contract

June 28th, 2024 at 8:20am CST by Luke Adams

JULY 9: The Bulls have officially signed Domask, according to RealGM’s transaction log.

JUNE 28: Undrafted rookie free agent Marcus Domask is expected to sign an Exhibit 10 contract with the Bulls, according to a tweet from the Illinois men’s basketball team.

A Wisconsin native, Domask played a “super-senior” year with the Illini in 2023/24 after spending his first four college seasons at Southern Illinois. In 2023/24, the 6’6″ wing started all 38 games he played, averaging 15.9 points, 5.0 rebounds, and 3.9 assists in 34.5 minutes per contest, with a shooting line of .453/.297/.872.

That three-point mark was well below Domask’s average at Southern Illinois, where he knocked down 35.9% of his tries from beyond the arc.

An Exhibit 10 contract is a non-guaranteed minimum-salary deal that doesn’t count against a team’s cap unless the player makes the regular season roster. It can be converted to a two-way contract before the season begins or can put a player in line to earn a bonus if he’s waived and then spends at least 60 days with his team’s G League affiliate.

Nuggets To Sign Auburn’s Jaylin Williams, Maryland’s Jahmir Young

June 27th, 2024 at 11:27pm CST by Luke Adams

The Nuggets have reached an agreement on an Exhibit 10 deal with Auburn forward Jaylin Williams, who went undrafted on Thursday, reports Bennett Durando of The Denver Post (Twitter link).

Not to be confused with the Jaylin Williams (or Jalen Williams) in Oklahoma City, this Jaylin Williams is a 6’8″ forward who has spent the past five years with the Tigers. He enjoyed his best college season in 2023/24, setting new career highs in PPG (12.4), FG% (.574), and 3PT% (.395) across 34 games (24.1 MPG).

Denver has also agreed to sign undrafted rookie free agent Jahmir Young to an Exhibit 10 contract, per Jon Chepkevich of DraftExpress.com (Twitter link).

Young has a decorated college résumé that includes a trio of All-Conference USA nods with Charlotte during his first three NCAA seasons and a pair of All-Big Ten berths during the past two seasons with Maryland. In 2023/24, the 6’2″ guard averaged 20.4 points, 4.9 rebounds, and 4.2 assists in 35.4 minutes per game across 32 starts, with a shooting line of .404/.324/.900.

The Nuggets have been busy since the second round of the draft ended on Thursday. Besides lining up Exhibit 10 deals for Williams and Young, they’ve also already reportedly reached two-way agreements with PJ Hall and Trey Alexander.