Transactions Rumors | Hoops Rumors

Heat Sign Davon Reed To Camp Deal

September 4th, 2019 at 2:54pm CST by Luke Adams

SEPTEMBER 4: The Heat have officially signed Reed, the team announced today in a press release.

SEPTEMBER 3: The Heat are expected to sign former Hurricanes guard Davon Reed to a training camp contract, reports Shandel Richardson of The Athletic (Twitter link). Barry Jackson of The Miami Herald confirms the agreement, tweeting that Reed will join the group of Heat players on Exhibit 10 contracts competing for a two-way deal.

Reed, 24, was the 32nd overall pick in the 2017 draft by the Suns, but lasted just one season in Phoenix before being cut last October. He quickly caught on with the Pacers on a two-way contract and spent most of the 2018/19 campaign playing for the Fort Wayne Mad Ants, Indiana’s G League affiliate.

Reed has put up modest numbers (2.4 PPG, 1.5 RPG) in limited playing time (9.3 MPG) in 31 NBA career games for the Suns and Pacers. He was a little more effective in 34 NBAGL contests last season, posting 13.9 PPG, 6.2 RPG, and 3.0 APG, but he struggled to score efficiently, with a shooting line of .398/.326/.753.

The Heat have 12 players on guaranteed salaries, with Duncan Robinson and Kendrick Nunn in position to claim the final two regular season roster spots. Jeremiah Martin, Kyle Alexander, Chris Silva, and Reed will be among the non-guaranteed camp invitees vying for the club’s two-way contracts. Miami could bring up to two more players to camp on Exhibit 10 deals.

Thunder Sign Devon Hall To Two-Way Contract

September 4th, 2019 at 1:39pm CST by Luke Adams

1:39pm: Hall’s two-way contract with the Thunder is now official, the team confirmed in a press release.

10:31am: After spending his first professional season overseas and then in the G League, 2018 second-round pick Devon Hall is joining the Thunder, per Chris Haynes of Yahoo Sports (Twitter link). League sources tell Haynes that Hall has agreed to a two-way contract with Oklahoma City.

The No. 53 pick in the 2018 draft, Hall joined the Cairns Taipans of Australia’s National Basketball League last summer due to a roster crunch in Oklahoma City. After spending most of the 2018/19 season down under, the Virginia alum signed a G League contract in late February and finished the year with the Oklahoma City Blue, averaging 7.3 PPG with a .422 3PT% in 10 NBAGL games (21.1 MPG).

When Hall first signed to play in Australia, his agent Daniel Curtin told a reporter that “we expect him to be with the Thunder next season.” That expectation has come to fruition, with the 24-year-old shooting guard poised to claim OKC’s second two-way contract slot.

[RELATED: 2019 NBA Draft-And-Stash Signings]

Hall will join rookie shooting guard Luguentz Dort as the Thunder’s two-way players. The team only has 15 players on standard contracts so far, leaving three openings on the 20-man offseason roster.

Rockets Sign Eric Gordon To Four-Year Extension

September 4th, 2019 at 12:16pm CST by Luke Adams

SEPTEMBER 4: Gordon’s extension with the Rockets is now official, the team announced today in a press release.

AUGUST 30: The Rockets and shooting guard Eric Gordon have reached an agreement on a four-year contract extension, according to Jonathan Feigen of The Houston Chronicle, who reports that the deal will be worth approximately $75.6MM.

Gordon had been entering the final year of his current contract and will earn a $14,057,730 salary in 2019/20. His new deal will lock him up through the 2023/24 season and brings the total value of his next five years to nearly $90MM.

However, Gordon isn’t assured of receiving that full amount, as the final year of his new contract is non-guaranteed, according to ESPN’s Adrian Wojnarowski (via Twitter). It would become guaranteed if he makes an All-Star team or the Rockets win a championship, a league source tells Woj.

The starting salary of a veteran contract extension can only be worth up to 120% of the player’s previous salary, so Gordon’s new deal will technically be worth his maximum extension value. A 120% bump on this year’s salary will bring him to $16.87MM in 2020/21. Annual 8% raises going forward will give him salaries of $18.21MM (2021/22), $19.57MM (2022/23), and $20.92MM (2023/24) over the rest of the contract.

Although Gordon could have potentially landed a larger payday on the open market as a free agent next summer, agreeing to a deal now gives him long-term security into his mid-30s and takes off some pressure in what would have been a contract year. It will also remove another talented unrestricted free agent from a 2020 free agent market that was already considered weak.

Gordon, 30, has spent the last three seasons with the Rockets, serving as one of the team’s go-to scoring options behind perennial MVP candidate James Harden. In 2018/19, the former No. 7 overall pick averaged 16.2 PPG on .409/.360/.783 shooting in 68 games (31.7 MPG). Gordon has also been Houston’s most consistent outside threat besides Harden, averaging exactly 8.8 three-point attempts per game in each of the last three years.

The Rockets now have virtually their entire core locked up for several years. Harden and Russell Westbrook are each under contract through at least 2022, with player options for the 2022/23 season. Clint Capela‘s fully guaranteed deal runs through ’22/23. P.J. Tucker, who is reportedly seeking an extension as well, has two more years left on his current pact.

As Jeff Siegel of Early Bird Rights observes (via Twitter), Gordon can’t be traded during the 2019/20 season as a result of the extension, since it exceeds the extend-and-trade restrictions and makes him ineligible to be dealt for six months. That restriction won’t lift until after the 2020 deadline.

Photo courtesy of USA Today Sports Images.

Cavs Officially Sign Four Players, Waive Two

September 4th, 2019 at 9:28am CST by Luke Adams

The Cavaliers have finalized a series of roster moves, according to RealGM’s log of official NBA transactions. Cleveland released a pair of players on non-guaranteed contracts, then signed four players to training camp deals, filling their 20-man offseason roster. Here’s a breakdown of the moves made by the Cavs:

Signed:

Marques Bolden, C (previous report)
Daniel Hamilton, G/F (previous report)
J.P. Macura, SG (previous report)
Sindarius Thornwell, SG (previous report)

Waived:

Malik Newman, SG
Levi Randolph, SG

Newman and Randolph signed with the Cavs nearly a month ago, but didn’t stick with the team long enough to attend training camp. Both players spent last season with the Canton Charge, Cleveland’s G League affiliate, and look like good bets to return to Canton in 2019/20. Their Exhibit 10 deals will entitle them to bonuses worth up to $50K if they spend at least two months with the Charge this season.

As for Bolden, Hamilton, Macura, and Thornwell, we provided more details on all four players in our previous stories on their deals with the Cavs, as linked above. They’ll fill out the team’s 20-man roster and will get an opportunity to compete in camp for a spot on the 15-man regular season roster or a two-way contract.

Currently, Cleveland is carrying 13 players with guaranteed salaries and one on a two-way deal. The newly-signed quartet will join Alex Robinson and Jarell Martin as non-guaranteed camp invitees who will look to make a positive impression in the preseason.

Timberwolves Sign Lindell Wigginton

September 4th, 2019 at 8:58am CST by Luke Adams

The Timberwolves have signed rookie free agent Lindell Wigginton to a contract, according to RealGM’s transactions log. RealGM classifies it as a one-year deal, so it figures to be a non-guaranteed Exhibit 10 pact.

Wigginton, who was a sophomore at Iowa State in 2018/19, declared for the draft as an early entrant this spring after averaging 15.3 PPG with a .397 3PT% in two college seasons. After going undrafted, the 6’2″ Canadian guard caught on with the Raptors for Summer League play, averaging 7.4 PPG on 33.3% shooting in five games (15.0 MPG) in Las Vegas.

Having officially signed Wigginton, the Timberwolves now have 19 players under contract, including 15 players with guaranteed salaries and two more on two-way deals. Tyrone Wallace is the other player without a guaranteed contract.

A post-draft report in June indicated that the Wolves would also sign undrafted rookie Tyus Battle to an Exhibit 10 deal, so he could ultimately fill out the team’s 20-man offseason roster.

Wigginton likely won’t make Minnesota’s regular season roster, but he’d be a good fit for the Wolves’ G League affiliate, which is based on Iowa.

Pacers Finalize Deal With Amida Brimah

September 3rd, 2019 at 12:28pm CST by Luke Adams

After reaching an agreement in July to sign him to a one-year contract, the Pacers finalized their deal with free agent center Amida Brimah today, tweets Scott Agness of The Athletic. With the signing, which Indiana confirmed in a press release, the team now has a full 20-man offseason roster.

Brimah, 25, went undrafted out of UConn in 2017 and appeared in 95 games for the G League’s Austin Spurs over the last two seasons. In 47 games in 2018/19, Brimah averaged 8.8 PPG, 8.2 RPG, and 2.9 BPG in 23.3 minutes per contest for San Antonio’s NBAGL affiliate. He earned G League All-Defensive honors for a second consecutive season.

More recently, Brimah appeared in six Summer League games for the Nets in Las Vegas in July, showing off his rim-protecting abilities by averaging 2.2 BPG in just 12.5 minutes per contest.

Because the Pacers already have 15 players with guaranteed salaries under contract, Brimah is unlikely to make the team’s regular season roster. Indiana’s own G League affiliate, the Fort Wayne Mad Ants, recently acquired the big man’s NBAGL rights from Austin, per Adam Johnson of 2 Ways & 10 Days (Twitter link). That’s a signal that Brimah will likely end up as an affiliate player for the Pacers and figures to start the 2019/20 regular season in Fort Wayne.

Cavaliers Agree To Deal With Daniel Hamilton

August 31st, 2019 at 9:03am CST by marksuleymanov

The Cavaliers have bolstered their training camp competition after agreeing to a one-year deal with swingman Daniel Hamilton, according to Cleveland.com’s Chris Fedor. Hamilton’s pact is an Exhibit 10 contract,

Hamilton, 24, was a second-round pick in the 2016 NBA Draft and has seen action in the past two seasons. In 19 games with the Hawks last season, Hamilton averaged 3.0 PPG on 38.3% shooting from the field. He was waived in early February.

On a two-way pact with the Thunder during the 2017/18 season, the UConn product saw action in six NBA contests while spending the rest of his time in the G League.

Cleveland intends to invite 20 players to training camp and the agreement with Hamilton makes him the 19th, per Fedor. Hamilton is poised to compete for one of the Cavs’ final roster spots with recent signees Sindarius Thornwell, Jarell Martin, Marques Bolden and J.P. Macura.

Bolden and Macura will also be on Exhibit 10 pacts, therefore Cleveland can deploy them to the G League if they do not crack the NBA roster out of training camp.

Thunder, Eric Moreland Agree To Training Camp Deal

August 30th, 2019 at 4:28pm CST by Austin Kent

The Thunder have agreed to a training camp deal with center Eric Moreland, Adrian Wojnarowski of ESPN reports. The 27-year-old will seek to crack the regular season roster of a retooling franchise that will feature plenty of new faces.

Moreland split last season between the Suns and Raptors but never saw consistent playing time. Moreland only played double digit minutes twice in 2018/19, which is considerably less than the previous year when he battled for the primary backup spot to Pistons center Andre Drummond.

Moreland joins a Thunder squad with only 13 guaranteed contracts, meaning it’s possible that he could stay with the team through to the regular season. He’ll presumably be in competition with fellow recent Thunder signee Justin Patton for reps in the team’s frontcourt, with Patton’s multiyear deal and $700K partial guarantee likely giving him a leg up on Moreland.

Mavericks Claim Aric Holman Off Waivers

August 29th, 2019 at 4:14pm CST by Luke Adams

The Mavericks have claimed rookie forward Aric Holman off waivers, reports Shams Charania of The Athletic (Twitter link). Holman was released earlier this week when the Lakers needed to create a spot on their 20-man roster for Dwight Howard.

Holman, 22, went undrafted out of Mississippi State this spring after averaging 9.5 PPG, 6.2 RPG and 1.6 BPG with a .473/.429/.701 shooting line in his senior year. He quickly caught on with the Lakers, joining the team for Summer League and later signing an Exhibit 10 contract.

Holman averaged 4.5 PPG and 3.8 RPG in 15.8 MPG in four appearances with the Lakers in Las Vegas in July, but was the odd man out when Howard came aboard. The club chose to keep camp invitees Devontae Cacok, Jordan Caroline, and Demetrius Jackson over Holman.

The Mavericks had 18 players under contract before claiming Holman, giving them flexibility to give the undrafted rookie a look. Barring another transaction, the youngster figures to attend training camp with Dallas this fall. Since the team already has 15 players on guaranteed contracts, he’s a long shot to make the Mavs’ regular season roster.

Clippers Sign Donte Grantham To Exhibit 10 Deal

August 29th, 2019 at 9:26am CST by Luke Adams

The Clippers have filled their 20-man offseason roster by signing free agent forward Donte Grantham. According to RealGM’s transactions log, the deal was finalized on Tuesday. Jovan Buha of The Athletic tweets that it’s an Exhibit 10 contract, giving Grantham the opportunity to compete for a roster spot in training camp.

Grantham, 24, went undrafted out of Clemson in 2018 and then spent most of his first professional season on a two-way contract with the Thunder. Although he played just two total minutes in three NBA games for Oklahoma City, the 6’8″ forward was a regular starter for the OKC Blue, the Thunder’s G League affiliate, averaging 10.5 PPG and 6.5 RPG on .404/.372/.804 shooting in 34 contests (26.5 MPG).

Grantham’s two-way deal included a second season, but the Thunder opted to go in a different direction, waiving him last month.

The Clippers are now carrying 14 players on guaranteed contracts, two on two-way deals, and four with non-guaranteed salaries. If the club plans to keep a 15th man on its roster to open the season, Grantham figures to compete with fellow camp invitees Derrick Walton Jr., Terry Larrier, and James Palmer Jr. for that spot.