Transactions Rumors | Hoops Rumors

Knicks Officially Sign Randle, Portis, Gibson, Ellington, Payton

July 9th, 2019 at 12:00am CST by Luke Adams

The Knicks officially finalized five of their free agent signings on Monday night, according to NBA.com’s transactions log, which lists the deals for Julius Randle, Bobby Portis, Taj Gibson, Wayne Ellington, and Elfrid Payton as having been completed.

Those deals are structured as follows:

Randle: Three years, $63MM. First two years guaranteed. (Story)
Portis: Two years, $31MM. First year guaranteed. (Story)
Gibson: Two years, $20MM. First year guaranteed. (Story)
Ellington: Two years, $16MM. First year guaranteed. (Story)
Payton: Two years, $16MM. First year guaranteed. (Story)

While those five signings will use up most of the club’s cap room, there’s still one notable signing to be finalized, as Reggie Bullock‘s two-year, $21MM deal is not yet official.

Warriors Sign Eric Paschall

July 8th, 2019 at 11:59pm CST by Luke Adams

The Warriors have officially signed second-round pick Eric Paschall to his first NBA contract, as the rookie forward himself announced today (via Twitter). NBA.com’s transactions log confirms the signing is complete.

Golden State used the 41st overall pick in the draft to select Paschall after acquiring the selection from the Hawks in exchange for cash a future second-round pick. The 22-year-old, who won a title with Villanova in 2018, followed it up with a solid senior year in which he averaged 16.5 PPG, 6.1 RPG, and 2.1 APG in 36 games.

Terms of Paschall’s contract weren’t released, but he’ll almost certainly receive the rookie minimum of $898K, given the Warriors’ cap constraints. As ESPN’s Bobby Marks observes (via Twitter), the Warriors will only be about $219K below their hard cap once they complete a series of moves that includes waiving and stretching Shaun Livingston‘s contract, as well as Paschall’s signing.

If they used their mid-level exception to complete the deal, the Warriors could go up to four years for Paschall.

Warriors Trade Graham, Napier To Timberwolves

July 8th, 2019 at 11:12pm CST by Luke Adams

JULY 8: The trade is official, with the Warriors receiving the draft rights to Lior Eliyahu in the swap, according to a press release from the team.

Because they had to be used for salary-matching purposes in the Kevin Durant sign-and-trade, Graham and Napier both received significant partial guarantees. Graham had about 90% of his $1.65MM salary guaranteed, tweets Darren Wolfson of SKOR North.

JULY 1: Treveon Graham and Shabazz Napier, two of the three players the Warriors are acquiring from the Nets in their sign-and-trade deal for D’Angelo Russell, will be re-routed to the Timberwolves, according to ESPN’s Adrian Wojnarowski (via Twitter). Minnesota will also receive cash in the deal, Woj notes.

As part of the agreement, Napier and Graham – who are both on non-guaranteed contracts – will receive partial guarantees, tweets ESPN’s Bobby Marks. Both players will have their minimum salaries for 2019/20 becomes guaranteed if they’re not waived by July 10, Marks adds (via Twitter).

It’s a cap-conscious move for the Warriors, for whom every dollar will count, since they face a hard cap of $138.9MM for this season. According to Marks (via Twitter), flipping Graham and Napier will save the team about $250K.

There’s a chance that one or both of Napier and Graham could stick in Minnesota for the season, according to Jon Krawczynski of The Athletic (Twitter link). However, that’s far from a certainty.

Lakers Sign Avery Bradley

July 8th, 2019 at 11:09pm CST by Luke Adams

11:09pm: The Lakers have officially signed Bradley, the team announced tonight (via Twitter).

12:00pm: Once he clears waivers later today after being released by the Grizzlies, veteran guard Avery Bradley intends to sign a two-year, $9.7MM contract with the Lakers, agent Bill Duffy tells ESPN’s Adrian Wojnarowski (Twitter link).

Los Angeles still has its full $4.8MM room exception available, so Bradley will slot into that exception now that the club has used all of its cap room. The second year of his new deal will be a player option, Wojnarowski notes.

Bradley, 28, has bounced around the league since spending the first seven seasons of his NBA career in Boston. The Celtics traded him to the Pistons during the 2017 offseason, but he was subsequently flipped to the Clippers and then the Grizzlies.

Despite the constant movement, Bradley finished strong in 2018/19, averaging 16.1 PPG, 4.0 APG, and 3.1 RPG with a .463/.384/.920 shooting line in 14 games (31.6 MPG) for Memphis. The combo guard is also considered a strong perimeter defender.

However, his $12.96MM salary for 2019/20 was only partially guaranteed for $2MM, and the rebuilding Grizzlies decided to create some extra cap flexibility by releasing him on Saturday and avoiding that guarantee. As cap guru Albert Nahmad observes (via Twitter), Memphis will also get to set off $1.66MM of that $2MM as a result of Bradley’s new deal with Los Angeles.

Bradley will slot into a Lakers backcourt that features Rajon Rondo and Quinn Cook at the point, with Danny Green, Troy Daniels, and Kentavious Caldwell-Pope among those who could see time at the two. Alex Caruso will also be in the mix.

By my count, the Lakers now have 13 players lined up for their regular-season roster, plus unsigned second-rounder Talen Horton-Tucker, who figures to occupy one of the final two roster spots. If the club adds a 15th man via free agency, he’ll have to sign a minimum-salary contract. Zach Norvell Jr. and a second two-way player will also factor into the equation.

Photo courtesy of USA Today Sports Images.

Warriors Sign Willie Cauley-Stein

July 8th, 2019 at 10:12pm CST by Luke Adams

JULY 8, 10:12pm: The signing is official, the team’s PR department tweets.

JULY 2, 4:31pm: Free agent center Willie Cauley-Stein has decided to join the Warriors, according to Marcus Thompson of The Athletic (Twitter link). Chris Haynes of Yahoo Sports confirms (via Twitter) that the two sides are in agreement on a deal.

Although Cauley-Stein opened the free agent period as a restricted free agent, he didn’t stay restricted for long — the Kings rescinded his qualifying offer in order to create the necessary cap room to sign their other targets, including Cory Joseph. As a result, Cauley-Stein is free to sign outright with any team.

The sixth overall pick in the 2015 draft, Cauley-Stein spent the first four years of his NBA career in Sacramento, though it became increasingly clear as the Kings were linked to free agent centers in recent weeks that he probably wasn’t part of the club’s plan going forward. The Kings ultimately struck deals with Dewayne Dedmon and Richaun Holmes to address the five spot.

Cauley-Stein will head to another Pacific team in the Warriors, which is a little surprising, given the lack of cap flexibility for Golden State. The team is expected to fill out its roster with mostly minimum-salary players after hard-capping itself at the tax apron by acquiring D’Angelo Russell via sign-and-trade. However, Cauley-Stein will get a salary slightly above the minimum, tweets ESPN’s Zach Lowe.

In 81 games (27.3 MPG) for the Kings in 2018/19, Cauley-Stein averaged 11.9 PPG, 8.4 RPG, and 2.4 APG. He’ll join a new-look Warriors roster that will no longer feature Kevin Durant and Andre Iguodala in 2019/20. In the wake of the team’s agreement with Cauley-Stein, it also seems increasingly unlikely that DeMarcus Cousins will return.

Photo courtesy of USA Today Sports Images.

Wilson Chandler Signs One-Year Deal With Nets

July 8th, 2019 at 10:02pm CST by Luke Adams

JULY 8, 10:02pm: The signing is official, the team’s PR department tweets.

JULY 2, 8:05pm: The Nets have reached an agreement to sign free agent forward Wilson Chandler, according to Chris Haynes of Yahoo Sports (Twitter links), who reports that the veteran will sign a one-year contract with the team.

Chandler will receive a minimum-salary deal, since Kevin Durant, Kyrie Irving, and DeAndre Jordan will take up Brooklyn’s cap space and Garrett Temple will be signed using the team’s room exception. Michael Scotto of The Athletic confirms (via Twitter) that the one-year contract will be worth $2,564,753, Chandler’s minimum salary for 2019/20.

Chandler, 32, had a down year for the Sixers and Clippers in 2018/19, averaging a career-worst 6.0 PPG with 4.2 RPG in 51 games (23.1 MPG). However, he still knocked down 37.3% of his three-point attempts and should be a solid addition to Brooklyn’s bench.

The Nets’ frontcourt has lost DeMarre Carroll and Jared Dudley so far this summer, so Chandler figures to take on some of the minutes that those two veterans played.

Pinson Signs Two-Year Deal With Nets

July 8th, 2019 at 9:56pm CST by Dana Gauruder

10:52pm: The signing is official, according to a team press release.

9:56pm: The Nets and Theo Pinson have reached an agreement on a two-year contract, Michael Scotto of The Athletic tweets.

The news comes one day after Brooklyn rescinded its qualifying offer to Pinson, making the shooting guard an unrestricted free agent.

Undrafted out of North Carolina, Pinson joined the Nets for training camp last season on an Exhibit 10 contract and earned a roster spot as a two-way player. His deal was converted to a standard NBA contract shortly before the end of the regular season.

Pinson appeared in 18 NBA games in his first season, averaging 4.5 PPG in 11.7 minutes per night. He posted a 20.7/5.9/6.1 line in 34 G League games with the Long Island Nets.

Suns Sign Point Guard Ricky Rubio

July 8th, 2019 at 9:33pm CST by ChrisCrouse

JULY 8, 9:33pm: The Suns have officially signed Rubio, according to a team press release.

JUNE 30, 5:37pm: In a shocking development, the Suns have stolen presumed Pacers target Ricky Rubio. Phoenix will sign him to a three-year, $51MM deal, according to Shams Charania of The Athletic tweets.

Multiple reports this week indicated that Rubio was expected to join the Pacers once free agency began, with one story calling it a “virtual done deal.” Indiana saw point guard Darren Collison retire and it left them extremely thin at the position. However, the team was able to add Malcolm Brogdon via sign-and-trade.

As for the Suns, they haven’t had stability at the point guard spot since they traded Eric Bledsoe away. Rubio and newcomer Dario Saric, who came to the team in a draft night trade, will add veteran presence to a team looking to make the postseason.

A former fifth overall pick, Rubio averaged 12.7 PPG, 6.1 APG, and 3.6 RPG in 68 games (27.9 MPG) for the Jazz last season. He’s not a great shooter, but Phoenix will lean on him for his play-making, passing, and defense.

The Suns will need to make an additional roster move to fit Rubio in under the cap, if they plan to keep Kelly Oubre‘s cap hold on their books, notes ESPN’s Bobby Marks.

Photo courtesy of USA Today Sports Images.

Atlantic Contract Notes: Durant, Jordan, Claxton, Milton, Brazdeikis

July 8th, 2019 at 8:27pm CST by Dana Gauruder

Kevin Durant‘s max contract with the Nets includes $4.3MM in likely bonuses, according to Jeff Siegel of EarlyBirdRights.com. It’s not clear how those bonuses can be earned but if they’re based on individual statistics, he can’t reach them next season due to his Achilles injury. His deal also includes a full 15% trade kicker. DeAndre Jordan‘s salary with Brooklyn starts at 9.9MM, rises 5% in the second year, dips back down to 9.9MM, then drops slightly in the fourth year for a total of 40MM, Siegel adds (Twitter links).

We have more contractual news from around the Atlantic Division:

The timeline of the Nets’ moves in free agency – signing Kyrie Irving and Jordan to free agent deals using salary-cap room and then acting like a team over the cap to pull off the Durant sign-and-trade with Golden State — also allowed them to give Nicolas Claxton a three-year contract, Bobby Marks of ESPN tweets. Without room, Claxton’s fully guaranteed deal would have been limited to two years. The University of Georgia big man was the first pick of the second round.
Shake Milton‘s four-year minimum contract with the Sixers includes a team option in the final year and is otherwise fully guaranteed, Siegel tweets. The shooting guard played last season on a two-way contract, splitting his time between the Sixers and their G League affiliate, the Delaware Blue Coats.
Knicks rookie forward Ignas Brazdeikis received a three-year minimum deal, according to Marc Berman of the New York Post. Brazdeikis will make approximately $900K as a rookie, $1.5MM in his second year and $1.8MM in his third season (team option).
The Celtics have been exploring a variety of contract terms with second-round pick Carsen Edwards, Adam Himmelsbach of the Boston Globe tweets. The negotiations with the Purdue guard include guaranteed amounts.

Grizzlies Sign-And-Trade Delon Wright To Mavericks

July 8th, 2019 at 7:17pm CST by Luke Adams

JULY 8, 7:17pm: The deal is official, according to a Dallas press release. The Mavs sent the draft rights to 2015 second-rounder Satnam Singh to the Grizzlies in addition to two second-round picks. A Memphis press release confirms the deal.

JULY 7, 3:47pm: The Mavericks, Grizzlies, and restricted free agent guard Delon Wright have reached an agreement on a sign-and-trade deal that will send Wright to Dallas, reports ESPN’s Adrian Wojnarowski (Twitter link). Memphis will receive two second-round picks from the Mavs in the deal, according to Wojnarowski.

Agent Greg Lawrence tells Woj (Twitter link) that Wright will be receiving a three-year, $29MM contract from the Mavericks.

We’d heard since Thursday that Dallas, one of the only teams that still had cap flexibility, was planning an offer sheet for Wright. As Brad Townsend of The Dallas Morning News tweets, the Grizzlies didn’t want to lose him for nothing but also weren’t committed to matching an offer sheet at any cost. The Mavs, on the other hand, were likely wary of having Memphis match their offer — or of having to overpay Wright to avoid that scenario.

The sign-and-trade agreement represents a compromise for the Southwest rivals, and is the latest example of what has become a summer-wide trend around the NBA — no restricted free agent has signed an offer sheet, but six RFAs have reached deals to join new teams via sign-and-trade.

The 20th overall pick in the 2015 draft, Wright spent the first three and a half seasons of his NBA career with the Raptors before being dealt to Memphis in the Marc Gasol trade at this year’s deadline. After never averaging more than 20.8 minutes per game in Toronto, the 27-year-old saw that number bumped to 30.8 MPG in 26 games with the Grizzlies and responded by averaging 12.2 PPG, 5.4 RPG, 5.3 APG, and 1.6 SPG.

In Dallas, Wright figures to share ball-handling duties with the likes of Jalen Brunson, J.J. Barea (when he’s healthy), and – of course – Luka Doncic.

After accounting for Wright’s contract, the Mavs project to have no more than $14.6MM in cap room, tweets cap expert Albert Nahmad. Dallas’ contract agreements with Dorian Finney-Smith, Maxi Kleber, and Kristaps Porzingis would eat up that room once they become official since their new salaries are much higher than their cap holds.

If the Mavs don’t have any other deals on tap, it’s possible they’ll remain an over-the-cap team, taking Wright into their $21.3MM trade exception and using the mid-level exception to sign Seth Curry. That would leave the team with the rest of that big trade exception to use during the season.

As for the Grizzlies, they’ll move forward with No. 2 pick Ja Morant handling point guard duties, but we’ll see if they look to add more depth after losing Wright. De’Anthony Melton is the other point guard on the roster. Memphis has about $115MM in projected team salary on its books and will create a trade exception worth half of Wright’s 2019/20 salary in this sign-and-trade, tweets ESPN’s Bobby Marks.

Photo courtesy of USA Today Sports Images.