Transactions Rumors | Hoops Rumors

Jaylen Adams Waived By Hawks

July 13th, 2019 at 12:49pm CST by Dana Gauruder

The Hawks have waived guard Jaylen Adams, JD Shaw of Hoops Rumors tweets.

Adams’ $1,416,852 salary for next season would have been guaranteed on July 19 if he hadn’t been waived. The Hawks will only incur a cap hit of $100K.

Atlanta now has $7MM in cap space and 13 players on guaranteed contracts, Bobby Marks of ESPN notes. The Hawks are short on point guards behind Trae Young, so they may be targeting a veteran at that spot.

Adams signed a two-way deal with Atlanta last summer, then had it converted to a standard contract in February. He went undrafted out of St. Bonaventure.

The 23-year-old Adams appeared in 34 NBA games last season, averaging 3.2 PPG and 1.9 APG in 12.6 MPG.

Timberwolves Sign Jordan Bell To One-Year Deal

July 12th, 2019 at 10:24pm CST by Luke Adams

JULY 12, 10:24pm: The signing is official, according to a team press release.

JULY 1, 6:02pm: The Timberwolves have reached an agreement on a guaranteed one-year deal with free agent big man Jordan Bell, agents Aaron Mintz and Michael Tellem of CAA tell Chris Haynes of Yahoo Sports (via Twitter).

According to Michael Scotto of The Athletic (via Twitter), it’s a one-year, $1.6MM deal. Bell’s minimum salary for the 2019/20 season will be $1,620,564, so it sounds like that will be the value of his new deal with Minnesota.

Bell is technically a restricted free agent, having received a qualifying offer from the Warriors last week. However, based on the reporting, it sounds like Golden State will probably rescind that QO, freeing Bell up to sign outright with Minnesota. Offer sheets must span at least two seasons, and a sign-and-trade deal must be for at least three years (albeit with just one guaranteed). We’ll wait on additional details to be sure.

A former second-round pick, Bell averaged 3.3 PPG and 2.7 RPG in 68 games (11.6 MPG) for the Warriors in his sophomore season. According to Mark Medina of The Mercury News (via Twitter), the 24-year-old also received interest from the Rockets, Thunder, and Jazz. Medina adds that Bell zeroed in on Minnesota since he felt like it was his best opportunity for a bigger role.

Wesley Matthews Signs With Bucks

July 12th, 2019 at 10:20pm CST by Luke Adams

JULY 12, 10:20pm: The signing is official, according to a team press release.

JULY 1, 3:14pm: Free agent swingman Wesley Matthews has agreed to sign with the Bucks, league sources tell ESPN’s Adrian Wojnarowski (Twitter link). In a follow-up tweet, Wojnarowski says it’s a minimum-salary deal.

Matthews, 32, spent most of the last four years in Dallas, but was traded to the Knicks this past winter and was subsequently bought out. He finished the season in Indiana, averaging 10.9 PPG with a .369 3PT% in 23 games (all starts) for the Pacers down the stretch.

Joining the Bucks will represent a homecoming for Matthews, who attended high school in Madison, Wisconsin and played his college ball at Marquette.

According to Wojnarowski, the veteran free agent drew interest from a handful of contenders – ESPN’s Tim MacMahon (Twitter link) names the Rockets as one – but he’ll become part of a Milwaukee squad that was just two wins away from the NBA Finals this spring.

Although the Bucks lost Malcolm Brogdon to the Pacers early in free agency, they’ll acquire draft picks from Indiana by signing-and-trading Brogdon, and they’ve otherwise enjoyed plenty of success on the free agent market. Milwaukee is bringing back Khris Middleton, Brook Lopez, and George Hill, and will add Robin Lopez with its room exception.

Photo courtesy of USA Today Sports Images.

Bucks Sign Center Robin Lopez

July 12th, 2019 at 10:18pm CST by ChrisCrouse

JULY 12, 10:18pm: The signing is official, according to a team press release.

JUNE 30, 10:47pm: The Bucks are signing Robin Lopez, sources tell Chris Haynes of Yahoo! Sports (Twitter link). Milwaukee re-signed his brother, Brook Lopez, earlier today.

Lopez will make approximately $9.77MM over the next two seasons, as Milwaukee is signing him via the room exception. The Bucks will not have access to any other exceptions this offseason, having used their bi-annual exception last offseason.

Lopez spent last season in Chicago, though for a large part of the year, it seems the team would work out a buyout arrangement with the big man and allow him to sign on with a contender. That never occurred and Lopez finished out his contract with the Bulls.

The Knicks were reportedly interested in signing Lopez to back up Mitchell Robinson. The center spent time with the team earlier in his career. He inked a four-year deal with the franchise when Phil Jackson was running the show in New York.

Raptors To Give Dewan Hernandez Three-Year Deal

July 12th, 2019 at 8:51pm CST by Dana Gauruder

The Raptors are signing late second-round selection Dewan Hernandez of Miami to a partially guaranteed three-year contract, Shams Charania of The Athletic tweets.

Hernandez, the second-to-last pick in June at No. 59 overall, averaged 11.4 PPG and 6.7 RPG in 25.8 MPG in 2017/18 for the University of Miami, but didn’t play last season due to eligibility issues. The 6’11” Hernandez, 22, did not make a 3-point shot in his two college seasons.

He will likely spent much of his rookie season with the Raptors’ G League affiliate. He has averaged 12.3 PPG and 7.5 RPG in 23.5 MPG over four summer league appearances.

Spurs Sign Forward Trey Lyles

July 12th, 2019 at 5:41pm CST by Luke Adams

JULY 12, 5:41pm: The signing is official, according to a team press release.

JULY 11, 6:39pm: The Spurs have reached a contract agreement with free agent forward Trey Lyles, reports ESPN’s Adrian Wojnarowski (via Twitter). It’ll be a two-year deal, according to Shams Charania of The Athletic (Twitter link). Jabari Young of The Athletic adds (via Twitter) that it’ll be worth about $11MM in total.

Lyles will be joining the Spurs in place of Marcus Morris, who tentatively agreed to a two-year, $19MM contract with San Antonio but will instead be signing a one-year, $15MM deal with New York. Wojnarowski suggests that the Spurs pulled their offer to Morris, but the veteran forward had reportedly been re-evaluating his options for at least a couple days.

Lyles is coming off a down year in Denver, having posted just 8.5 PPG and 3.8 RPG with a shooting line of .418/.255/.698 in 64 games (17.5 MPG). However, he flashed promising stretch-four potential in 2017/18, when he posted marks of 9.9 PPG and 4.8 RPG on .491/.381/.706 shooting.

The Nuggets originally tendered him a qualifying offer, but rescinded that QO after they acquired Jerami Grant in a trade with the Thunder, making Lyles an unrestricted free agent.

The Spurs had initially planned on signing DeMarre Carroll using their mid-level exception, but restructured that agreement to acquire Carroll via sign-and-trade, sending Davis Bertans to Washington and opening up the full mid-level for Morris. With that deal no longer happening, I’d expect Lyles to be signed using some of that MLE, though specific terms aren’t yet known.

Lyles may not provide the same sort of immediate impact that Morris would have, but he’s still just 23 years old and his ’17/18 performance suggests he has room to improve.

Photo courtesy of USA Today Sports Images.

Clippers Re-Sign Patrick Beverley

July 12th, 2019 at 2:06pm CST by Arthur Hill

JULY 12: The Clippers have officially re-signed Beverley, the team announced today in a press release. While agreeing to terms with Beverley was one of the club’s first moves of free agency last week, it was far from the last — L.A. has since acquired Leonard and Paul George while also reaching new deals with Ivica Zubac, Rodney McGruder, and JaMychal Green.

JULY 1: Patrick Beverley will remain with the Clippers on a three-year, $40MM deal, tweets ESPN’s Adrian Wojnarowski. It’s the exact contract that Beverley was rumored to be seeking in a report earlier this week.

Beverley was among the most highly sought after guards on the free agent market, with the Mavericks, Lakers, Bulls and Kings among the teams expressing interest.

Re-signing Beverley won’t affect the Clippers’ ability to get a deal done with Kawhi Leonard, notes Eric Pincus of Basketball Insiders (Twitter link), who observes that they can still add Leonard to the roster without needing to trade Danilo Gallinari.

The Clippers made it a priority to keep Beverley, who was an inspirational leader for the team, along with a dogged defender. He missed nearly all of the 2017/18 season after being acquired from Houston in the Chris Paul deal, but bounced back strong this year, posting a 7.6/5.0/3.8 line in 78 games.

Photo courtesy of USA Today Sports Images.

Mavs Re-Sign Kristaps Porzingis To Five-Year Max Deal

July 12th, 2019 at 10:44am CST by Luke Adams

JULY 12: Porzingis’ new deal with the Mavericks is now official, the team announced today in a press release.

JUNE 30: The Mavericks and Porzingis quickly reached agreement on a five-year, maximum-salary contract when free agency opened, tweets Marc Stein of The New York Times. According to Tim MacMahon of ESPN.com (Twitter link), the deal is fully guaranteed, and the Mavs didn’t push for any injury protection or incentives.

Porzingis’ new deal will be worth $158,253,000.

JUNE 25: The Mavericks will meet with Kristaps Porzingis when free agency opens on June 30, according to Shams Charania of The Athletic, who reports (via Twitter) that the team intends to offer a full maximum-salary contract to its top restricted free agent.

Based on current cap projections, a five-year max deal for Porzingis would work out to just over $158MM.

The Mavericks were always expected to be aggressive with Porzingis in free agency, despite the fact that he missed the entire 2018/19 season due to an ACL tear. Dallas surrendered a handful of assets – including multiple first-round picks – and took on a pair of multiyear contracts in order to acquire Porzingis from the Knicks prior to this year’s trade deadline.

The club’s intent was to build around KP and Luka Doncic, and it looks like that plan remains very much on track. According to Chris Mannix of SI.com (via Twitter), Porzingis has forged a strong connection with Doncic since arriving in Dallas and has enjoyed his experience with team owner Mark Cuban.

While Porzingis hasn’t played since 2017/18, he looked excellent during that season, averaging 22.7 PPG, 6.6 RPG, and 2.4 BPG with a .439/.395/.793 shooting line in 48 games for the Knicks, earning his first All-Star nod. He’s expected to be fully healthy for the 2019/20 season.

The fact that the Mavericks are prepared to make a substantial long-term investment in Porzingis suggests that the team may not believe the rape accusation he’s facing is fully credible. After dealing with allegations of sexual misconduct in the workplace last year, the franchise figured to be extra cautious as it navigated the Porzingis case.

Although Porzingis’ starting salary on a max deal projects to be worth more than $27MM, the Mavs can retain some extra cap flexibility by not officially completing the deal right away. Until it’s finalized, KP’s cap hold will be just $17MM, creating an extra $10MM in cap room for the club, which currently projects to have close to $30MM in space. Once that space is used, Dallas can go over the cap to re-sign Porzingis.

The Mavs have also officially tendered Porzingis his qualifying offer, ensuring that he’ll be a restricted free agent, per RealGM’s transactions log.

Photo courtesy of USA Today Sports Images.

Sixers Sign Raul Neto

July 12th, 2019 at 8:10am CST by Arthur Hill

JULY 12: The Sixers have officially signed Neto to his new contract, the team announced today in a press release.

“By adding Raul to our roster, we’ve gained an experienced and valuable veteran who is a tremendous passer with great court vision,” GM Elton Brand said in a statement. “We’re fortunate that he’s now a member of the 76ers and we’re eager to integrate him into our team.”

JULY 3: Raul Neto, who was waived Sunday by the Jazz, will sign with the Sixers when the moratorium lifts on Saturday, tweets Eric Woodyard of The Deseret News. It will be a one-year deal at the veteran’s minimum, according to Shams Charania of The Athletic (Twitter link).

Utah had to get rid of Neto’s $2.15MM salary to open enough cap space to complete a trade with Memphis for Mike Conley. Neto’s contract for next season would have become fully guaranteed on July 6.

Neto, 27, had spent his entire four-year career with the Jazz after they acquired his draft rights from the Hawks. He has been a valuable backup point guard at times, but has only played 40, 41 and 37 games the past three seasons. He averaged 5.3 points and 2.5 assists this year in about 13 minutes per night.

The Sixers need a new point guard off their bench after losing free agent T.J. McConnell, who will sign with the Pacers.

Sixers Re-Sign James Ennis To Two-Year Deal

July 12th, 2019 at 7:38am CST by Luke Adams

JULY 12: Ennis, who expressed his confidence in the Sixers’ 2019/20 outlook earlier this week, has now officially signed his new deal with the team, per a press release.

“We are excited to welcome James back to the 76ers,” GM Elton Brand said in a statement. “James had opportunities elsewhere, but he is determined to win here in Philadelphia. That’s the type of competitor he is, and it shows how much he cares about our fans and team. His heart, hustle and playmaking were integral to our success last season and we’re thrilled to have him back.”

JULY 2: Free agent swingman James Ennis has agreed to return to the Sixers on a two-year, $4.1MM deal, reports Shams Charania of The Athletic (Twitter link). The deal features a second-year player option, according to Charania, who adds that Ennis turned down bigger offers to stay in Philadelphia.

Ennis, who celebrated his 29th birthday on Monday, joined the 76ers in a midseason trade after beginning the 2018/19 season in Houston. In a total of 58 games for the two clubs, he averaged 6.7 PPG and 3.1 RPG on .469/.353/.716 shooting, serving as a three-and-D option.

Reports indicated that the Knicks, Lakers, and Clippers were among the teams that had interest in Ennis this week. A source told Hoops Rumors’ JD Shaw that the Bulls, Spurs, and Mavericks also had interest.

However, Ennis, who told Hoops Rumors last month that he’d “love to come back” to the Sixers, will do just that — Charania suggests that the opportunity to play for a championship contender appealed to the veteran free agent.

It’s not clear whether Ennis’ deal will be a minimum-salary pact or if the Sixers will use their last bit of remaining cap room to complete the deal. A two-year deal at the minimum would be worth $4,012,890, so that seems like a strong possibility.

While Philadelphia lost Jimmy Butler and J.J. Redick in free agency, the team has done a good job filling out its roster with both impact players and role players. Tobias Harris, Mike Scott, and Ennis will be back, and will be joined by new additions like Al Horford, Josh Richardson, and Kyle O’Quinn.

Photo courtesy of USA Today Sports Images.