Transactions Rumors | Hoops Rumors

Bucks To Waive George Hill

June 28th, 2019 at 3:19pm CST by Luke Adams

As expected, the Bucks will release George Hill, putting him on track to become an unrestricted free agent, league sources tell Shams Charania of The Athletic (Twitter link).

The final year of Hill’s contract in 2019/20 featured a $18MM salary, but only $1MM of that figure was guaranteed. By cutting the veteran guard before July 1, the Bucks will avoid having that full guarantee hit their cap for next season.

According to Charania, the Bucks are working to find the space to re-sign Hill, if possible. That suggests they won’t stretch his $1MM cap hit, since doing so would make them ineligible to sign him for 2019/20.

After trading away Tony Snell, the Bucks currently project to have about $13MM in cap room, as I noted in my preview of Milwaukee’s offseason this morning. However, the team is expected to use that room to try to re-sign Brook Lopez before going over the cap to lock up Khris Middleton and Malcolm Brogdon.

The Bucks could open up additional cap room for Hill by waiving and stretching Jon Leuer or by trading away Ersan Ilyasova without taking back salary. Alternately, the team could use its current cap room to try to bring back Hill if Lopez signs elsewhere.

If the Bucks aren’t able to re-sign Hill, he should draw interest from several other teams. He had a strong postseason run in Milwaukee, averaging 11.5 PPG, 3.5 RPG, and 2.8 APG with a .534/.417/.818 shooting line in 15 games (26.3 MPG). The Bulls are one team with interest, per K.C. Johnson of The Chicago Tribune (Twitter link).

Knicks To Decline John Jenkins’ Team Option

June 28th, 2019 at 9:57am CST by Luke Adams

The Knicks intend to decline John Jenkins‘ 2019/20 team option at tomorrow’s deadline, reports Marc Berman of The New York Post (via Twitter). If it had been exercised, the option would have paid Jenkins his minimum salary of $1,988,119.

Jenkins, 28, caught on with the Knicks last season after excelling for the club’s G League affiliate in Westchester. However, he played a limited role in 22 for the NBA club, averaging 5.2 PPG on .388/.357/.833 shooting in 14.5 minutes per contest.

The Knicks will be looking to maximize their cap flexibility this summer, so they’ve been opting against most of their team options and qualifying offers that would eat slightly into their cap room. Billy Garrett‘s team option was also turned down, and Emmanuel Mudiay and Luke Kornet won’t receive qualifying offers.

Despite passing on Jenkins’ option, the Knicks have some interest in bringing back the former Vanderbilt standout, according to Berman. He’s unlikely to receive offers that exceed the minimum, so he could even be an option for New York after the team uses up its cap room.

Lakers Trading Wagner, Bonga, Jones To Wizards; AD Waiving Trade Kicker

June 27th, 2019 at 1:20pm CST by Luke Adams

The Lakers have found a way to maximize their projected cap room for free agency, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that the team is sending Moritz Wagner, Isaac Bonga, and Jemerrio Jones to the Wizards as part of the Anthony Davis trade. Additionally, Davis has agreed to waive his $4MM trade kicker, per Wojnarowski.

As a result of those developments, the Lakers will be able to generate just over $32MM in cap room based on the projected $109MM cap. That’s more than enough space for a maximum salary for a player with less than seven years of NBA experience ($27.25MM), and puts them in the ballpark of the max for a player in the 7-9 year range ($32.7MM).

Here’s how the Lakers’ moves will work once the July moratorium lifts on July 6:

Prior to completing the Davis deal, the Lakers will have approximately $32MM in cap room after accounting for eight players, the cap hold for the No. 4 pick, and three empty roster charges. The team will use that room in free agency, with ESPN’s Bobby Marks tweeting that L.A. is still considering whether it will commit all that money to a single star or split it up among two or three players.

If the Lakers go after a single star, D’Angelo Russell and Kawhi Leonard are among the presumed targets. According to Wojnarowski, players like Danny Green, Terrence Ross, and Seth Curry could be among the club’s targets if it breaks up its cap space.

Once that space is used up, the Lakers will complete its agreements with the Pelicans and Wizards as part of a single three-way trade. In order to acquire Davis, whose salary is $27,093,018, the Lakers will have to send out at least $21,594,415 in total to meet salary-matching requirements as an over-the-cap team. They’ll do so with the following contracts:

To Pelicans:
- Lonzo Ball ($8,719,320)
- Brandon Ingram ($7,265,485)
- Josh Hart ($1,934,160)
To Wizards:
- Moritz Wagner ($2,063,520)
- Isaac Bonga ($1,416,852)
- Jemerrio Jones

Jones’ salary is non-guaranteed, which means it currently counts for $0 for salary-matching purposes. Without it, the Lakers would fall just under $200K shy of the salary they need, since the unsigned No. 4 pick would also count for $0 for matching purposes (draftees who sign rookie contracts can be used for salary matching, but can’t be traded for 30 days). As such, according to Marks (via Twitter), Jones’ salary will be partially guaranteed for $199K, allowing the Lakers to meet the necessary outgoing-salary threshold.

The Wizards, who will use trade exceptions to take on the incoming players, will also receive the Lakers’ 2022 second-round pick, tweets Shams Charania of The Athletic. In order to officially make it a three-team deal – and to incentivize the Pelicans to sign off – Washington will send $1.1MM in cash to New Orleans, tweets Candace Buckner of The Washington Post. That’s the minimum amount necessary to satisfy the “touch” rules in a three-team trade, tweets Marks.

While the Lakers’ motivation for the deal is obvious, it’s not a bad arrangement for the Wizards either. As an over-the-cap team, Washington didn’t have many other avenues to add talent this offseason, and have several rotation players facing free agency.

The Wizards will now get a chance to take fliers on Wagner and Bonga while also picking up a future second-round pick. They had interest in Wagner leading up to the 2018 draft, according to Wojnarowski, who tweets that the big man will get an opportunity in D.C.

In other Davis-related news, Chris Haynes of Yahoo Sports reports that LeBron James has agreed to give up his uniform number (No. 23) to AD in an effort to make the big man as comfortable as possible in Los Angeles. Davis is “extremely grateful,” Haynes adds. It’s not clear yet which number James will wear in 2019/20, but he was No. 6 during his years with the Heat.

Photo courtesy of USA Today Sports Images.

Thunder’s Nerlens Noel To Opt Out

June 27th, 2019 at 12:49pm CST by Luke Adams

Thunder center Nerlens Noel won’t exercise his 2019/20 player option, league sources tell Shams Charania of The Athletic (Twitter link). According to Charania, Noel and the Thunder figure to discuss a potential reunion, but the big man is expected to draw interest from other suitors as well.

If Noel had opted in for ’19/20, he would’ve locked in a salary worth his minimum, $1,988,119, per Basketball Insiders. Instead, he’ll become an unrestricted free agent on Sunday.

After signing a minimum-salary deal with Oklahoma City last summer, Noel enjoyed a solid season as Steven Adams‘ backup, averaging 4.9 PPG, 4.2 RPG, and 1.2 BPG in 77 games (13.7 MPG). The 25-year-old may not reach the ceiling that some experts anticipated when he was selected with the No. 6 overall pick in the 2013 draft, but his versatility and athleticism should appeal to some teams seeking frontcourt depth.

Assuming Noel signs elsewhere, the Thunder will have limited resources to replace him. OKC’s current commitments for 2019/20 already put team salary well above the projected tax threshold.

Now that we know which direction Noel is going, we’re just waiting for one last player-option decision, as our tracker shows. Nene‘s decision on a $3.8MM player option with the Rockets is the only one that has yet to be reported.

Frank Kaminsky, Tyler Dorsey To Become UFAs

June 27th, 2019 at 12:04pm CST by Luke Adams

The Hornets don’t plan to tender a qualifying offer to Frank Kaminsky, according to Rod Boone of The Athletic (Twitter link), and the Grizzlies won’t give a QO to Tyler Dorsey, per ESPN’s Adrian Wojnarowski (Twitter link). The decisions put Kaminsky and Dorsey on track to become unrestricted free agents on Sunday.

Kaminsky, the ninth overall pick in the 2015 draft, was the subject of trade and buyout speculation earlier this year as he fell out of the Hornets’ rotation for several weeks. The 26-year-old ultimately earned a more regular role in the second half, but had a down year in Charlotte, averaging 8.6 PPG and 3.5 RPG in 47 games (16.1 MPG).

The Hornets are wary of the cost of their roster if they re-sign Kemba Walker, and may not want to retain a veteran role player like Kaminsky if Walker leaves, so it makes some sense that they’d pass on a qualifying offer. Meanwhile, given his inconsistent role with the Hornets, Kaminsky will likely be seeking a new home as an unrestricted free agent. He should draw interest from teams seeking a big man who can shoot from outside and won’t break the bank.

As for Dorsey, the 23-year-old was sent from Atlanta to Memphis in a deadline deal and averaged 9.8 PPG, 3.3 RPG, and 1.9 APG on .429/.366/.629 shooting for the Grizzlies in 21 games (21.3 MPG) down the stretch.

The Grizzlies are open to the idea of revisiting a new deal with Dorsey as a UFA, per Wojnarowski. However, as Chris Herrington of The Daily Memphian notes (via Twitter), not making him a restricted free agent gives the team a little more roster flexibility in free agency.

Knicks Won’t Tender QO To Emmanuel Mudiay Or Luke Kornet

June 26th, 2019 at 10:46pm CST by clarkcrum

The Knicks, setting themselves up to have the maximum amount of cap space available once free agency begins, will not extend qualifying offers to former first-round pick Emmanuel Mudiay or big man Luke Kornet, reports Chris Haynes of Yahoo Sports (Twitter links). Both Mudiay and Kornet will be unrestricted free agents.

Haynes adds that the decision on Mudiay was solely to clear cap space for this summer, and that both Mudiay and the Knicks are interested in a reunion next season. However, because the Knicks will need to renounce the 23-year-old point guard’s Bird rights to clear his free agent cap hold of $12,883,440 off their books, they’ll need to use cap space or an exception to re-sign him.

As for Kornet, it’s unclear whether the Knicks have any interest in re-signing him. He played a significant role towards the end of the 2018/19 season, but the Knicks are clearly not looking at last year’s team as a building block for the future, and they already have a young big in Mitchell Robinson around whom to build.

Tomas Satoransky, Bobby Portis Receive Qualifying Offers

June 26th, 2019 at 10:10pm CST by clarkcrum

10:10pm: The Wizards are not tendering qualifying offers to Dekker or Chasson Randle, tweets Ben Standig of NBC Sports Washington. They’ll become unrestricted free agents.

9:29pm: Keith Smith of Yahoo Sports and Chase Hughes of NBC Sports Washington are reporting that the Wizards have extended qualifying offers to guard Tomas Satoransky and forward Bobby Portis just hours after also tendering a QO to center Thomas Bryant.

The qualifying offers for Satoransky ($3,911,484) and Portis ($3,611,813) are similarly affordable to Bryant’s QO ($3,021,354), so it comes as no surprise that Washington has made all three young players restricted free agents this summer.

Hughes also notes that while forward Sam Dekker has not yet been extended a qualifying offer by the team, they have until June 29 to make a final decision. His QO is similar in amount ($3,916,575) to the three aforementioned players.

Satoransky, 27, took on a larger role later on in the 2018/19 season after starting point guard John Wall went down with injury. He ended up averaging a career-best 8.9 PPG and 5.0 APG while starting 54 games.

Portis, 24 and a former first-round pick of the Bulls, also had a career season in Washington after being traded from Chicago before the trade deadline. He ended up starting 22 of the 28 games he played for the Wizards, and posted 14.3 PPG, 8.6 RPG, and a .458/.403/.809 shooting line.

Pistons Trade For No. 37 Pick Deividas Sirvydis

June 26th, 2019 at 8:51pm CST by Luke Adams

JUNE 26, 8:51pm: Per Keith Langlois of Pistons.com, the deal is official.

JUNE 20, 10:59pm: The Mavericks are receiving the 2020 and 2021 second-rounders that the Pistons acquired earlier in the evening from Cleveland, tweets Vince Ellis of The Detroit Free Press. The 2020 pick is Utah’s and the 2021 selection is Portland’s.

JUNE 20, 10:34pm: The Pistons and Mavericks have agreed to a trade that will send the rights of No. 37 pick Deividas Sirvydis to Detroit, reports ESPN’s Adrian Wojnarowski (via Twitter).

According to Marc Stein of The New York Times (via Twitter), Dallas is receiving the No. 45 pick from Detroit tonight, along with two future second-round picks. The Pistons just acquired four second-rounders for the No. 30 pick, so it wouldn’t be surprised if those two of those selections are being re-routed to the Mavs.

Sirvydis, a wing player, is expected to be a draft-and-stash pick for the Pistons, reports Vince Ellis of The Detroit Free Press (via Twitter).

Sirvydis, who declared the draft as an international early entrant, played in the Lithuanian league this season. He projects as a dangerous perimeter threat, as ESPN’s Jonathan Givony tweets.

Cavs Acquire No. 30, Draft Kevin Porter Jr.

June 26th, 2019 at 8:39pm CST by Luke Adams

JUNE 26, 8:39pm: The deal is official, per an announcement from the Cavaliers.

JUNE 20, 10:58pm: The Pistons are acquiring 2020, 2021, 2023, and 2024 second-round picks in this swap, tweets Vince Ellis of The Detroit Free Press. The picks are from Utah (2020), Portland (2021 and 2023), and Miami (2024; top-55 protected), according to Chris Fedor of Cleveland.com, who tweets that Cleveland also surrendered $5MM in cash.

JUNE 20, 9:48pm: After agreeing to acquire the No. 30 pick from the Bucks along with Tony Snell, the Pistons are flipping that pick to the Cavaliers, reports ESPN’s Adrian Wojnarowski (via Twitter). According to Wojnarowski, Cleveland will use the newly-acquired first-rounder to draft USC guard Kevin Porter Jr.

Shams Charania of The Athletic reports (via Twitter) that the Cavaliers are sending four future second-round picks to the Pistons in the deal, along with some cash. Detroit had traded away all of its second-rounders between 2020-23 in previous deals, so this move will help restock the club’s draft assets.

Porter had an up-and-down season at USC in 2018/19, averaging just 9.5 PPG and 4.0 RPG in 21 games. He also face questions about his maturity, which likely contributed to him slipping to the end of the first round. However, NBA evaluators believe he has the physical tools to become a talented shot creator and defender, per ESPN’s Jonathan Givony.

The Cavaliers have now added Darius Garland, Dylan Windler, and Porter in the first round of tonight’s draft. They don’t have any second-rounders, so their evening will be over unless they make more trades.

Stanley Johnson Won’t Receive QO From Pelicans

June 26th, 2019 at 8:34pm CST by clarkcrum

Not long after it was reported that the Pelicans opted not to extend a qualifying offer to Cheick Diallo, Shams Charania of The Athletic and Stadium is now reporting that New Orleans will also decline to tender a QO to swingman Stanley Johnson. As a result, Johnson will become an UFA when free agency begins on June 30.

As Charania notes, the Pelicans will now have somewhere in the vicinity of $28MM in cap space this summer after renouncing Johnson’s cap hold. Johnson, who failed to meet starter criteria this past season, only had a QO worth $4,485,665, but as a former first-round pick, his cap hold would have cost the Pelicans $11,821,206 (i.e. 300% of his 2018/19 salary) in valuable cap space.

Johnson, 23, was drafted 8th overall by Detroit back in 2015 but has largely under performed his draft position during his first four seasons in the league. Expected to come in and fill a role as a 3-and-D guy, Johnson has only converted on 29.3% of his career three-point attempts. The Pistons traded him to New Orleans last season, where he only averaged 13.7 minutes per contest in 18 games with the Pelicans.