Transactions Rumors | Hoops Rumors

Rodney McGruder Signs Three-Year Deal With Clippers

July 10th, 2019 at 8:13pm CST by ChrisCrouse

JULY 10: The contract between McGruder and the Clippers is now official, per a release from the team.

JULY 2: The Clippers have reached an agreement with shooting guard Rodney McGruder on a three-year deal, Chris Haynes of Yahoo Sports tweets. The contract will pay McGruder $15MM over the three years.

Los Angeles picked up McGruder after the Heat waived him at the end of the season to avoid the luxury tax. He was not eligible to play in the postseason for the Clippers, but the team retained his restricted free agency rights by tendering him a qualifying offer.

In 66 games (45 starts) last season for Miami, McGruder averaged 7.6 PPG, 3.6 RPG, and 1.7 APG with a shooting line of .403/.351/.722 in 23.5 minutes per contest.

McGruder’s deal does not significantly impact the Clippers’ ability to sign a max free agent (Kawhi Leonard), as Bobby Marks of ESPN.com tweets. McGruder’s modest $3MM cap hold has been factored into the equation for Los Angeles’ projected cap room all along.

Magic Re-Sign Michael Carter-Williams

July 10th, 2019 at 7:40pm CST by JD Shaw

JULY 10: Carter-Williams’ new deal with the Magic is official, per a press release from the team (Twitter link). Terms were not disclosed, but it figures to be a minimum-salary arrangement with Orlando up against the tax line.

JULY 1: The Magic have agreed to a one-year contract with free agent point guard Michael Carter-Williams, Adrian Wojnarowski of ESPN tweets.

Carter-Williams, who turns 28 in October, joined Orlando on two 10-day contracts in March and impressed the team with his play. He signed for the remainder of the season on April 4 and was a key cog off the bench entering the playoffs.

Carter-Williams joins D.J. Augustin and Markelle Fultz as current point guards in the Magic’s projected rotation, with the club also reaching free-agent agreements with Nikola Vucevic, Terrence Ross and Al-Farouq Aminu during the first day of free agency.

Named the NBA’s Rookie of the Year in 2014, Carter-Williams has played for the Sixers, Bucks, Bulls, Hornets, Rockets and Magic across his six year-career. He was selected 11th in the 2013 draft by Philadelphia.

Kings Sign Second-Rounder Justin James

July 10th, 2019 at 6:05pm CST by Luke Adams

JULY 10, 6:05pm: According to James Ham of NBC Sports California, James’ new contract with the Kings is a three-year, minimum-salary deal with the first two seasons guaranteed. The total value of James’s contract is $4,198,912.

JULY 10, 1:30pm: The Kings have officially signed another one of their second-round picks, announcing today in a press release that No. 40 overall selection Justin James is now under contract.

Terms of James’ first NBA deal aren’t yet known, but players selected in that range often sign contracts at or near the minimum that include at least a couple guaranteed seasons. Sacramento still had a little cap room left over after signing a handful of veteran free agents, so the team could go up to three or four years for James.

A 22-year-old guard out of Wyoming, James filled up the stat sheet during his senior season with the Cowboys, averaging 22.1 PPG, 8.5 RPG, and 4.4 APG in 32 games. However, he struggled with his efficiency, making just 40.9% of his attempts from the floor, including 29.6% from beyond the three-point line.

The Kings didn’t have a first-round pick in this year’s draft, but selected three players in the second round. The team has signed No. 55 pick Kyle Guy to a two-way contract and appears likely to stash No. 60 pick Vanja Marinkovic overseas.

Clippers Sign Ivica Zubac To Four-Year Deal

July 10th, 2019 at 5:56pm CST by Luke Adams

JULY 10: Zubac has signed his contract, per an official release from the Clippers.

JULY 6: The Clippers aren’t done making moves after agreeing to late-night deals to land Kawhi Leonard and Paul George. According to ESPN’s Adrian Wojnarowski, Los Angeles has also struck a deal with restricted free agent Ivica Zubac, agreeing to re-sign the young center to a four-year, $28MM contract.

Zubac, 22, was dealt from the Lakers to the Clippers along with Michael Beasley in exchange for Mike Muscala in a midseason trade that was viewed as a coup for the Clips.

Appearing in 26 games the rest of the way for his new team, Zubac established himself as the Clippers’ starting center, averaging 9.4 PPG, 7.7 RPG, and 1.5 APG in 20.2 minutes per contest.

Because he came into the league as a second-round pick and was on a minimum-salary contract last season, Zubac had a cap hold of less than $2MM as a restricted free agent. That allowed the Clippers to keep him under team control without having to renounce his rights to create the cap room necessary to sign Leonard.

Zubac will officially sign his new deal once L.A. has exhausted its cap space, since the team will be able to exceed the cap to lock him up.

Zubac will rejoin Montrezl Harrell in the frontcourt in 2019/20, as the two young big men appear set to play most of the minutes at center for the Clippers.

Photo courtesy of USA Today Sports Images.

Klay Thompson Signs Five-Year Max Deal With Warriors

July 10th, 2019 at 5:48pm CST by Luke Adams

JULY 10: Thompson’s five-year, maximum-salary contract is now official, the Warriors announced in a press release.

JULY 1: Wojnarowski provides another update on Thompson’s new contract, tweeting that it includes a 15% trade bonus. Trade bonuses can’t push a player’s salary beyond his max, so Klay wouldn’t receive it in the unlikely event he’s traded this season. That could change down the road.

JUNE 30: The Warriors and Thompson have a “done deal” in place, three sources confirm to Marc Stein of The New York Times (Twitter link). A source tells Anthony Slater of The Athletic (Twitter link) that it’s a standard five-year deal with no options and no no-trade clause.

JUNE 29: The Warriors and Thompson plan to reach an agreement on a five-year max deal shortly after free agency begins on Sunday, tweets Shams Charania of The Athletic.

JUNE 28: The Warriors are planning to offer All-Star guard Klay Thompson a five-year, maximum-salary contract when free agency opens on Sunday, reports ESPN’s Adrian Wojnarowski. According to Wojnarowski, that offer will likely accelerate Thompson’s free agency, as the two sides aren’t expected to take long to reach an agreement.

Reports this week have indicated that Thompson had considered meeting with the Lakers and Clippers if the Warriors didn’t put that five-year offer (worth a projected $189.66MM) on the table right away. However, there has been no indication – even after Thompson tore his ACL – that Golden State was wavering on making that commitment.

According to Wojnarowski, several teams that had Thompson on their wish lists have given up hope on that possibility in recent days, becoming convinced that the sharpshooter will remain in the Bay Area.

An ESPN report this morning suggested that Thompson’s camp might have been using those Los Angeles teams to create leverage to ask the Warriors for a fifth-year player option or a no-trade clause. Stephen Curry didn’t get either of those perks in his own five-year, maximum-salary deal, so Golden State may be reluctant to give them to Thompson. At this point, it’s not clear whether or not Klay’s camp intends to push for either one.

If the Warriors can lock up Thompson, they’ll be halfway to keeping their core intact for the 2019/20 season. The team also reportedly plans to offer a five-year maximum-salary (worth a projected $221MM+) to Kevin Durant.

[UPDATE: Durant has committed to the Nets]

Both Thompson and Durant – who is recovering from a ruptured Achilles – are expected to miss most or all of next season, but would be ready to go for 2020/21.

Photo courtesy of USA Today Sports Images.

Heat Sign Tyler Herro To Rookie Contract

July 10th, 2019 at 5:41pm CST by clarkcrum

The Heat have signed rookie shooting guard Tyler Herro to his rookie contract, the team announced in an official release. Herro, 19, was the No. 13 overall selection in last month’s 2019 NBA Draft.

Because Herro signed for the typical 120% of the rookie-scale (h/t to Ira Winderman of The Sun-Sentinel), he will earn $3,640,200 during his first year in the league and $17,188,836 over the life of the contract. If he ends up being a factor in a potential trade for Russell Westbrook, he can’t be traded for 30 days.

In his lone season at Kentucky, Herro started all 37 games he appeared in while averaging 14.0 points, 4.5 rebounds, and 2.5 assists in 32.6 minutes per game. He was named SEC Newcomer of the Year for his efforts.

As NBA cap expert Albert Nahmad notes (Twitter link), the Heat now have 14 players under contract after Herro’s signing. With a combined salary of $135.8MM, they’re $987K below the hard cap, which is not enough to add another free agent.

This is because while the rookie minimum salary is only $898K, the two-year minimum salary ($1.621MM) is used in place of the salary of a non-drafted rookie when determining a team’s salary in relation to the hard cap.

Celtics Waive Guerschon Yabusele

July 10th, 2019 at 4:02pm CST by Luke Adams

4:02pm: The Celtics have officially waived Yabusele, the team announced this afternoon (via Twitter).

11:08am: The Celtics will release former first-round pick Guerschon Yabusele, reports Chris Haynes of Yahoo Sports (via Twitter).

Yabusele has a $3,117,240 cap hit for the 2019/20 season, per Basketball Insiders, so a team with enough cap room or a trade exception big enough to absorb that number could claim him. Otherwise, he’ll become an unrestricted free agent and the Celtics will be on the hook for that dead money. Boston wouldn’t owe him his $4,781,846 salary for 2020/21, since that’s a team option that has not yet been exercised.

Yabusele, the 16th overall pick in the 2016 draft, remained overseas for a year before joining the Celtics in 2017. The 6’8″ power forward didn’t make much of an impact for the club in his two seasons in Boston, averaging 2.3 PPG and 1.4 RPG in just 6.6 minutes per contest (74 games).

As Keith Smith of RealGM notes (via Twitter), waiving Yabusele will create some extra roster flexibility for the Celtics, who had been projected to have 15 players on guaranteed contracts. The club now has an open regular-season roster spot available for a 15th man.

Warriors Waive Shaun Livingston

July 10th, 2019 at 2:33pm CST by ChrisCrouse

JULY 10: The Warriors have issued a press release to announce that Livingston has officially been waived and thanking him for “immense contributions” to the franchise. Assuming he goes unclaimed, as expected, he’ll clear waivers on Friday.

JULY 9: The Warriors have waived veteran guard Shaun Livingston, reports ESPN’s Adrian Wojnarowski (via Twitter). The move was a necessary one for the hard-capped Dubs, who needed to remove Livingston’s $7.7MM salary from their books before it became fully guaranteed.

Livingston had a $2MM partial guarantee, which the Warriors will stretch across three seasons at a rate of $666K per year. Golden State likely explored moving the 33-year-old in a trade to avoid eating that dead money, but would have had to attach an asset to him to find a taker.

According to Wojnarowski, Livingston is determined to continue his playing career after being cut by Golden State. He’ll clear waivers later this week and will likely be prioritizing contending teams as he seeks a new NBA home.

A member of the Warriors teams that have reached the NBA Finals in each of the last five years, Livingston played a regular rotation role in Golden State, averaging between 15.1 and 19.5 minutes per game in each season since 2014/15. He recorded 4.0 PPG, 1.8 APG, and 1.8 RPG in 64 games in 2018/19.

Here are a few more notes on the Warriors’ contracts and cap situation:

Second-round pick Eric Paschall received a three-year, guaranteed minimum-salary contract, per ESPN’s Bobby Marks (Twitter link). The Warriors used the mid-level exception to give him that third year.
The Warriors also used their mid-level exception to sign Willie Cauley-Stein, who got a two-year, $4.4MM deal with a second-year player option, tweets Shams Charania of The Athletic. That contract is worth a little more than the minimum.
While the Warriors still have some MLE money leftover, they’re unlikely to be able to use it this year. According to Marks (Twitter link), after waiving and stretching Livingston, the team projects to be just $219K below the $138.9MM hard cap once all its moves are complete.

Photo courtesy of USA Today Sports Images. Luke Adams contributed to this post.

Mavs Re-Sign Maxi Kleber To Four-Year Deal

July 10th, 2019 at 12:48pm CST by Luke Adams

JULY 10: The Mavericks have officially re-signed Kleber, per a team release.

The fact that Dallas has made this deal official signals that the club plans to function as an over-the-cap team, forfeiting potential cap room. That will allow Dallas to keep a trade exception worth about $12MM for a possible move down the road, as we detailed in a story earlier today.

JULY 1: The Mavericks have agreed to terms with restricted free agent forward Maxi Kleber, according to Marc Stein of The New York Times, who reports (via Twitter) that Kleber will sign a four-year, $35MM deal.

Tim MacMahon of ESPN.com (Twitter links) pegs the value at $33MM, but says it can be worth up to $35.9MM via incentives. The fourth year of Kleber’s new contract will be a team option, according to Stein (via Twitter).

Kleber, 27, has spent the last two seasons with the Mavericks after playing for teams in his home country of Germany for most of his professional career. In 2018/19, the 6’11” power forward was a regular part of Dallas’ rotation, averaging 6.8 PPG and 4.6 RPG with a .453/.353/.784 shooting line in 71 games (21.2 MPG).

Kleber’s raise won’t impact the Mavs’ ability to continue building their roster. Because he has a very modest cap hold of about $1.82MM, Dallas can keep that hold on its books to maximize its cap flexibility before going over the cap to sign him using his Early Bird rights.

This is the second four-year contract agreement of the day for the Mavs, who struck a similar deal with free agent guard Seth Curry.

Photo courtesy of USA Today Sports Images.

Sixers Re-Sign Tobias Harris To Five-Year Deal

July 10th, 2019 at 12:32pm CST by Luke Adams

JULY 10: The Sixers have officially re-signed Harris, according to NBA.com’s transactions log. The club has now exhausted its cap room for the summer.

JUNE 30: The Sixers and Tobias Harris have reached an agreement on a five-year deal that will pay the free agent forward $180MM, his agent (and father) Torrel Harris of Unique Sports Management tells ESPN’s Adrian Wojnarowski (Twitter link). The contract won’t include a player option, Woj adds (via Twitter).

After making blockbuster mid-season trades for both Harris and Jimmy Butler during the 2018/19 campaign, the Sixers will only retain one of the two, with Butler reportedly headed for the Heat in a sign-and-trade.

However, in Harris, Philadelphia will be bringing back a forward who received All-Star consideration in 2018/19, as he averaged 20.0 PPG, 7.9 RPG, and 2.8 APG on .487/.397/.866 shooting in 82 games for the Clippers and Sixers.

He’ll return to a new-look Sixers team that will feature Josh Richardson and Al Horford. Richardson will reportedly be acquired from Miami via the Butler sign-and-trade, while Horford will sign a four-year contract with Philadelphia as a free agent.

If Harris had signed a maximum-salary deal, it would have been worth approximately $189.9MM, so his annual salaries will come in a little below the max. Still, it’s a significant investment for the Sixers, who already have Joel Embiid under contract on a max deal of his own and may soon sign Ben Simmons to a max extension.

Harris reportedly received interest from the Clippers, Jazz, Nets, and Mavericks, among others, in free agency.

Photo courtesy of USA Today Sports Images.