Transactions Rumors | Hoops Rumors

Norvel Pelle Signs Two-Way Contract With Sixers

July 2nd, 2019 at 8:35am CST by Dana Gauruder

JULY 2: The Sixers have issued a press release formally announcing Pelle’s two-way contract.

JULY 1: The Sixers have signed center Norvel Pelle to a two-way contract, his agent BJ Bass told Hoops Rumors’ own JD Shaw (Twitter link). We initially reported last week that Pelle would get a two-way deal with Philadelphia.

Pelle, who went undrafted in 2014, played for the G League Delaware Blue Coats last season. The 6’11” big man was named to the NBAGL All-Defensive Team. Pelle, 26, also made a number of stops overseas during his career.

Haywood Highsmith previously occupied one of the team’s two-way contracts before being waived last week. Highsmith will join Philadelphia’s Summer League team in Las Vegas.

Blazers Sign First-Rounder Nassir Little

July 1st, 2019 at 8:23pm CST by Dana Gauruder

The Trail Blazers have signed their first-round pick, small forward Nassir Little, according to a team press release.

Little will make approximately $2.1MM in his first NBA season if he receives the max on the rookie scale.

The 25th overall pick played one season at North Carolina, where he averaged 9.8 PPG and 4.6 RPG and 18.2 MPG over 36 games as the team’s top reserve.

Heat’s Jimmy Butler Sign-And-Trade Deal To Include Clippers, Blazers

July 1st, 2019 at 7:58pm CST by Luke Adams

7:58pm: The 2023 first-round pick being sent from the Heat to Clippers will be lottery-protected through 2025, then unprotected in 2026, tweets Anthony Chiang of The Miami Herald.

5:00pm: The Clippers will receive a protected 2023 first-round pick from the Heat in the deal, according to ESPN’s full report.

4:17pm: The sign-and-trade deal that will send Jimmy Butler to the Heat and Josh Richardson to the Sixers has been agreed upon, according to ESPN’s Adrian Wojnarowski and Zach Lowe (Twitter link).

As Wojnarowski explains (via Twitter), the trade between the Trail Blazers and Heat that will send Hassan Whiteside to Portland is becoming part of the transaction, with Maurice Harkless being re-routed to the Clippers to make it a four-team deal.

The Clippers will also receive a future first-round pick from Miami, according to Wojnarowski. Since the Heat have already traded their 2021 first-round selection to the Clippers and can’t give away consecutive future first-rounders, the next one that is trade-eligible would be the 2023 selection, tweets ESPN’s Bobby Marks.

As part of the four-team swap, the Sixers will send the draft rights to 2017 second-rounder Mathias Lessort to the Clippers, reports Keith Pompey of The Philadelphia Inquirer (Twitter link).

As of now then, this is what the deal would look like:

To Heat: Jimmy Butler (via sign-and-trade, getting a four-year, $141MM contract) and Meyers Leonard.
To Sixers: Josh Richardson
To Clippers: Maurice Harkless, a future Heat first-round pick, and the draft rights to Mathias Lessort.
To Trail Blazers: Hassan Whiteside

After acquiring Harkless, the Clippers will still have a maximum-salary slot available in the event that Kawhi Leonard decides to join them, tweets Marks. It would be a tight fit though, notes ESPN’s Zach Lowe, who tweets that the club might have to renounce a couple of small cap holds. Obviously, if Leonard decides to go elsewhere, that wouldn’t be necessary.

As for the Heat, they had let Goran Dragic‘s camp know that they’d likely to need to move the point guard in order to complete the Butler acquisition, but that shouldn’t be necessary after all, tweets Barry Jackson of The Miami Herald.

Still, as Marks points out (via Twitter), Miami will have to make an additional move to make sure it gets below the hard cap $138.9MM that applies to teams that acquire a player via sign-and-trade. Waiving and stretching Ryan Anderson‘s contract looks like the most logical path for the Heat.

We have more details in other stories on the Butler/Richardson aspect of this deal, as well as the Blazers’ Whiteside acquisition.

Photo courtesy of USA Today Sports Images.

Hawks Sign Cam Reddish, Charlie Brown

July 1st, 2019 at 7:53pm CST by Dana Gauruder

The Hawks signed the No. 10 overall pick, Duke forward Cam Reddish, to a rookie contract, according to a team press release.

The 6’8” Reddish averaged 13.5 PPG and 3.7 RPG in 36 games in his lone year with the Blue Devils.

Reddish can receive a first-year max of $4.246MM under the rookie scale. He can make $4.458MM and $4.67MM during the next two seasons.

Atlanta also officially signed undrafted forward Charlie Brown Jr. to a two-way contract, according to another team press release. The 6’7” St. Joseph product was the Atlantic 10’s leading scorer last season at 19.0 PPG and also grabbed 6.2 RPG.

Brown’s agreement with the Hawks was reported shortly after the draft.

Lakers Sign Zach Norvell Jr. To Two-Way Contract

July 1st, 2019 at 7:25pm CST by Luke Adams

The Lakers have formally signed undrafted Gonzaga guard Zach Norvell Jr. to a two-way contract, the team announced today in a press release. Shams Charania of The Athletic reported shortly after the draft that the team would use one of its two-way slots on Norvell.

Norvell was a player viewed by many draft experts as a strong candidate to be selected last month after he left the Zags following his sophomore season. He ranked 15th on ESPN’s list of prospects who went undrafted.

The shooting guard was a top perimeter threat for the Zags in 2018/19, averaging 14.9 PPG and shooting 37.0% from outside the three-point line (2.6 makes per game).

The Lakers also have a two-way qualifying offer out to Johnathan Williams, who had a two-way deal with the club last season.

Wizards Sign First-Rounder Hachimura

July 1st, 2019 at 7:21pm CST by Dana Gauruder

The Wizards have signed their first-round pick, forward Rui Hachimura, the team’s PR department tweets.

The ninth overall pick in the draft can max out at $4.469MM in his first season under the rookie scale stipulations. He can make $4.693MM in his second season and $4.916MM in his third year.

The West Coast Conference Player of the Year, Hachimura averaged 19.7 PPG, 6.5 RPG, and 1.5 APG for Gonzaga in his junior season while shooting 59.1% from the field.

Spurs Sign First-Round Rookies

July 1st, 2019 at 6:35pm CST by Dana Gauruder

The Spurs signed both of their first-round selections, forward Luka Samanic and swingman Keldon Johnson, to rookie contracts, according to team press releases.

Assuming they received the max of 120 percent of the rookie scale, Samanic will make $2.69MM in his rookie year, ascending to 2.82MM and 2.959MM in the next two seasons. Johnson will get $1.95MM in the upcoming season and $2.05MM and $2.146MM in his second and third years.

Samanic was the 19th overall pick. The 6’10” Samanic spent last season with KK Olimpija in the Slovenian League, averaging 10.1 PPG and 5.9 RPG in 20.7 MPG over 17 games. The 19-year-old also saw action in 12 games in the FIBA Champions League, posting averages of 8.2 PPG and 5.0 RPG in 19.4 MPG.

Johnson was chosen with the No. 29 pick, which was acquired from Toronto as part of the Kawhi Leonard trade. The 6’6” Johnson averaged 13.5 PPG, 5.9 RPG and 1.6 APG in 30.7 MPG while playing 37 games for Kentucky last season.

Both will play on the Spurs’ summer league teams in Salt Lake City and Las Vegas.

Williamson, Morant Sign Rookie Contracts

July 1st, 2019 at 5:54pm CST by Dana Gauruder

The top two picks in the draft, Zion Williamson and Ja Morant, have officially signed their rookie contracts, according to a press release from the Pelicans and a tweet from the Grizzlies’ PR department.

Assuming he receives a max of 120% of the rookie-scale salary for the top pick, Williamson will earn approximately $9.757MM in his first year, according to Jeff Siegel of EarlyBirdRights.com (Twitter link). Morant would receive $8.73MM if he received the max for the second pick.

Williamson’s salary numbers for years 2-4 would be $10.245MM, $10.733MM and $13.535MM. Morant would get $9.167MM, $9.6MM and $12.1MM over those seasons.

Williamson appeared in 33 games for Duke, averaging 22.6 PPG, 8.9 RPG, 2.1 APG, 2.1 SPG and 1.8 BPG. With Anthony Davis‘ impending trade to the Lakers, he’ll immediately be the marquee attraction for the franchise.

Morant averaged 24.5 PPG, 10.0 APG and 5.7 RPG for Murray State. Morant should step right into the starting lineup after veteran point guard Mike Conley was shipped to the Jazz.

Trail Blazers Sign Jaylen Hoard To Two-Way Deal

July 1st, 2019 at 5:35pm CST by Arthur Hill

JULY 1: The Trail Blazers have officially signed Hoard to a two-way contract, the team announced today in a press release.

JUNE 21: The Trail Blazers have reached agreement on a two-way contract with Jaylen Hoard of Wake Forest, tweets ESPN’s Adrian Wojnarowksi.

The 6’8″ forward out of France had a strong freshman season with the Demon Deacons, averaging 13.1 points and 7.6 rebounds in 31 games. He has been playing internationally since 2015.

Portland didn’t issue any two-way deals last season. The Blazers are one of just two teams without a G League affiliate, so Hoard will get much of his training with another organization.

Jazz Waive Raul Neto

July 1st, 2019 at 4:52pm CST by JD Shaw

4:52pm: The Jazz have officially waived Neto, the team announced today in a press release.

12:37pm: The Jazz plan to waive point guard Raul Neto in order to create space for the Mike Conley trade with Memphis, according to Shams Charania of The Athletic (Twitter link).

Utah agreed to send Jae Crowder, Kyle Korver, Grayson Allen, the No. 23 pick in the draft and a future first-round pick to the Grizzlies for Conley in June, revamping their franchise with hopes of contending for a championship next season.

The Jazz also agreed to deals with free agents Bojan Bogdanovic (4-year/$73MM) and Ed Davis (2-year/$10MM) at the start of free agency. Utah has competed in the playoffs in each of the last three years, losing to the Rockets 4-1 in the opening round this past April.

Neto, 27, will become a strong option on the market for teams seeking a back-up guard, according to Charania. He’s spent all four of his seasons with the Jazz, holding career-averages of 4.8 points, 1.9 assists and 14.2 minutes per game.