Transactions Rumors | Hoops Rumors

Sixers Waive Haywood Highsmith

June 24th, 2019 at 4:42pm CST by Dana Gauruder

The Sixers have waived swingman Haywood Highsmith, Serena Winters of NBCSPhilly tweets.

That opens up a two-way contract slot, since Highsmith was signed in that manner during January.

The 6’7” Highsmith got a taste of NBA action, appearing in five games and averaging 1.8 PPG in 8.0 MPG. The 22-year-old Highsmith, a former Division II standout who played his college ball at Wheeling Jesuit, spent most of last season with the Delaware Blue Coats, Philadelphia’s G League affiliate. He appeared in 46 G League contests, averaging 12.2 PPG, 6.9 RPG and 2.7 APG in 32.2 MPG.

Suns To Decline Jimmer Fredette’s Team Option

June 24th, 2019 at 2:53pm CST by Luke Adams

As expected, the Suns will decline Jimmer Fredette‘s team option for the 2019/20 season, reports Shams Charania of The Athletic (via Twitter). The option would have paid Fredette a salary of $1,988,119 if it had been exercised, per Basketball Insiders.

Warriors assistant GM Larry Harris confirmed earlier today that Fredette would be a part of Golden State’s Summer League roster in July. It wouldn’t have been possible for the former BYU standout to play for the Warriors in Summer League if he were still under contract with Phoenix.

Fredette, 30, returned to the NBA near the end of the 2018/19 campaign after spending multiple seasons in China. The sharpshooter struggled in six games with Phoenix down the stretch, averaging 3.7 PPG on 27.6% shooting in six games (10.8 MPG). He missed all 13 of his three-point attempts.

Fredette had been lighting up in China in recent years, putting up massive scoring numbers for the Shanghai Sharks. While he has never developed into a particularly effective NBA rotation player since being drafted 10th overall in 2011, his Summer League agreement with the Warriors suggests that he’s going to keep trying to make his way onto an NBA roster for 2019/20.

Photo courtesy of USA Today Sports Images.

Raptors Issue QOs To Patrick McCaw, Nando De Colo

June 24th, 2019 at 1:58pm CST by Luke Adams

The Raptors have tendered qualifying offers to guards Patrick McCaw and Nando De Colo, making them restricted free agents, tweets Keith Smith of RealGM.com. RealGM’s log of official transactions confirms that Toronto issued those QOs on Friday.

As we explain in our glossary entry on the subject, qualifying offers are essentially one-year contract offers worth a set amount that give a team the right of first refusal on a free agent. If McCaw or De Colo signs an offer sheet with another team, Toronto will now have the opportunity to match that offer.

McCaw, who had a lengthy restricted free agency standoff with the Warriors last summer, briefly joined the Cavaliers before eventually ending up with the Raptors. The 23-year-old played a modest role in Toronto, averaging 2.7 PPG and 1.7 RPG in 26 games (13.2 MPG). McCaw, who won his third consecutive NBA title in 2019, has a QO worth about $1.88MM.

As for De Colo, he hasn’t actually played in the NBA since 2014, but the Raptors have held his rights since then by issuing him a qualifying offer every year while he played overseas. The veteran guard recently left CSKA Moscow and is looking to return to the NBA, so it will be interesting to see whether Toronto makes it a priority to retain him. His QO is worth about $1.83MM.

In other Raptors news, the team agreed to a deal with undrafted rookie Sagaba Konate out of West Virginia, a league source tells Michael Scotto of The Athletic (Twitter link). Scotto’s report doesn’t include additional details, but Blake Murphy of The Athletic suggests (via Twitter) that Kobate will sign an Exhibit 10 contract, which would give him a spot on Toronto’s 20-man offseason roster.

A 6’8″ forward, Konate was limited to just eight games in 2018/19 due to a lingering knee injury, but opted to go pro as an early entrant anyway. In his last full college season in ’17/18, he averaged 10.8 PPG, 7.6 RPG, and 3.2 BPG in 36 games as a sophomore.

Pistons, Louis King Agree To Two-Way Deal

June 24th, 2019 at 9:48am CST by Luke Adams

The Pistons have reached a deal with undrafted rookie Louis King, according to Shams Charania of The Athletic, who reports (via Twitter) that Detroit will sign the Oregon forward to a two-way contract once the new league year begins.

King, who declared for the draft as an early entrant after his freshman year, averaged 13.5 PPG and 5.5 RPG with a .435/.386/.785 shooting line in 31 games during his first and only season with the Ducks. Although he wasn’t one of the 60 players selected last Thursday, it didn’t take him long to find a new NBA home with one of the clubs that worked him out during the pre-draft process.

The Pistons are also reportedly signing No. 57 overall pick Jordan Bone to a two-way deal, so King and Bone appear set to occupy the team’s two-way slots to start the 2019/20 season. They’d supplant Isaiah Whitehead and Kalin Lucas, who were Detroit’s two-way players to end the ’18/19 season.

Meanwhile, Michael Scotto of The Athletic (Twitter link) hears from a league source that the Pistons have also agreed to a deal with former Michigan State guard Matt McQuaid, another undrafted rookie. Scotto doesn’t offer any more details on the move, so it’s not clear whether McQuaid will sign an Exhibit 10 agreement or another form of contract, but it sounds like the deal will cover more than just the Summer League.

In his senior year with the Spartans, McQuaid averaged 9.8 PPG, 3.0 RPG, and 2.1 APG and shot 42.2% on three-point attempts. In total, 173 of his 271 field goal attempts came from beyond the arc.

Kawhi Leonard Declines 2019/20 Player Option

June 23rd, 2019 at 6:35pm CST by JD Shaw

Raptors star Kawhi Leonard is declining his $21.3MM player option for the 2019/20 season and will test unrestricted free agency this summer, according to Chris Haynes of Yahoo Sports.

Leonard will seriously consider re-signing with the Raptors, Haynes adds, with several rival executives believing Toronto is the front-runner for his services on the open market.

Leonard is coming off an historic playoff stretch with the team that saw him average 30.5 points, 9.1 rebounds and 1.7 steals per contest, with the 27-year-old winning his second NBA championship and Finals MVP. He formed a strong bond with his teammates, coaches and fans this season, a positive sign for a franchise coming off its first NBA title.

Toronto is the only team that can offer Leonard a five-year, $190MM maximum-salary contract. The Clippers are expected to be a major suitor for Leonard, as Haynes notes, with the appeal of returning to southern California likely to be a strong factor in Leonard’s decision. A handful of other teams may also secure a meeting with him.

Free agency opens on June 30 at 6:00pm eastern time this year, with the moratorium period lasting until July 6 at noon. After that, teams can officially sign their respective players to contracts.

Photo courtesy of USA Today Sports Images.

Nuggets, Tyler Cook Agree To Deal

June 23rd, 2019 at 1:55pm CST by clarkcrum

The Nuggets have reached a deal with undrafted Iowa forward Tyler Cook, reports Mike Hlas of The Gazette. Per Hlas, the contract will contain a partial guarantee, but the value of that guarantee is unknown at this time.

Cook, a early entry for the 2019 NBA Draft, averaged 14.5 PPG, 7.6 RPG, and 2.4 APG in his junior year, while shooting 51.9% from the field. Unfortunately, Cook also posted a disappointing .143 three-point shooting percentage while in college, going 3-for-21 over three seasons in Iowa City.

Cook will not be joining the Nuggets for the 2019 NBA Summer League due to a high ankle sprain he suffered in a workout with the Pistons leading up to the draft, but he presumably expects to be ready for training camp. He worked out for the Nuggets back on May 22.

Wizards To Decline $20MM Option On Jabari Parker

June 22nd, 2019 at 4:12pm CST by Arthur Hill

The Wizards won’t exercise their $20MM team option on Jabari Parker, but they may try to re-sign him, according to Chris Haynes of Yahoo Sports.

The move has been expected, dating back to when Washington traded for Parker in February, Haynes adds. But he cites “mutual interest” between Parker and the team in working out a longer arrangement once he becomes an unrestricted free agent next weekend. The Wizards view him as a player with potential whose development has been slowed by ACL tears in 2014 and 2017.

Parker’s asking price will start at $15MM per year, sources tell Chase Hughes of NBC Sports Washington, and that number could rise or fall depending on the market. He adds that the Wizards will probably need Parker to relax that demand, especially after drafting Rui Hachimura, who has similar talents. Re-signing Thomas Bryant, Tomas Satoransky and possibly Bobby Portis will be higher priorites, according to Hughes.

Parker, 24, had a difficult time in Chicago after signing a two-year, $40MM deal last summer, especially once Jim Boylen replaced Fred Hoiberg as head coach. However, Parker was much better after the trade, averaging 15 points and 7.2 rebounds in 25 games with Washington.

Jalen Adams To Receive Exhibit 10 Deal With Pelicans

June 21st, 2019 at 8:42pm CST by Dana Gauruder

Undrafted University of Connecticut point guard Jalen Adams will sign an Exhibit 10 contract with the Pelicans, Emiliano Carchia of Sportando tweets.

Adams averaged 16.9 PPG, 4.0 RPG and 3.4 APG during his senior year, which was limited to 26 games due to a knee injury. He posted averages of 18.1/4.2/4.7 in the same categories as a junior. The 6’3” Adams started 99 of 124 career games with the Huskies.

He made the rounds prior to the draft, working out for a number of teams. He’ll look to earn a roster spot with New Orleans during camp.

Celtics, Tacko Fall Agree To Exhibit 10 Deal

June 21st, 2019 at 3:40pm CST by ChrisCrouse

The Celtics have agreed to sign center Tacko Fall to an Exhibit 10 deal, Jonathan Givony of Draft Express tweets.

The 7’6″ big man went undrafted out of the University of Central Florida. Fall spent four years at the school, posting career averages of 10.1 points, 7.7 rebounds, and 2.4 blocks per game.

Fall is expected to play for the Celtics in Summer League. Boston’s first game is July 8.

Tyler Johnson Picks Up Player Option

June 21st, 2019 at 2:39pm CST by ChrisCrouse

As expected, Tyler Johnson has exercised his player option for the 2019/20 season, according to ESPN’s Adrian Wojnarowski (Twitter link). Johnson will make approximately $19.25MM next year.

Back in 2016, the Nets presented Johnson with a backloaded, four-year, $50MM offer sheet, which was designed to make it difficult for Miami to match. However, the contract didn’t deter the Heat from keeping Johnson.

Johnson continued playing in Miami until February of this past year. The Suns then traded for Johnson as Miami was looking to clear some salary. Johnson suited up for 13 games for Phoenix, starting 12 of them at point guard.