Transactions Rumors | Hoops Rumors

Mavericks Sign Dwight Powell To Three-Year Extension

June 30th, 2019 at 5:30pm CST by Arthur Hill

JULY 6, 9:31pm: The Mavericks have officially signed Powell to his three-year extension, which will go into effect in 2020/21, per the NBA’s transactions log.

JUNE 30, 5:30pm: The Mavericks and Powell have agreed to terms on a three-year, $33MM extension, tweets Stein.

JUNE 30, 10:36am: The Mavericks are planning to make an extension offer to Dwight Powell when free agency officially begins later today, and the expectation is that an agreement will soon follow, tweets Marc Stein of The New York Times. The new deal will pay him $33MM over three seasons.

Dallas has made signing the 27-year-old center-forward one of its top offseason priorities, Stein adds (Twitter link). Powell averaged a career-best 10.6 PPG this season, along with 5.3 RPG, in 77 games.

Powell’s extension doesn’t take effect until the 2020/21 season, so it won’t affect the cap space that the Mavericks have this summer, notes Tim MacMahon of ESPN (Twitter link). Powell has already opted into his current deal for next season at $10.3MM.

Magic Sign Al-Farouq Aminu To Three-Year Deal

June 30th, 2019 at 5:27pm CST by ChrisCrouse

JULY 6: The Magic have officially signed Aminu, the team announced today in a press release.

JUNE 30: The Magic have agreed to a contract with Al-Farouq Aminu, according to Adrian Wojnarowski of ESPN.com (Twitter link).

The deal will be for three years and $29MM, which works out to the amount of the full non-taxpayer’s mid-level exception. It includes a player option on the final year.

Aminu, 28, averaged 9.4 PPG and 7.5 RPG in 81 games (28.3 MPG) as the Trail Blazers’ starting power forward last season. He’s also capable of knocking down three-pointers, having made 35.3% of his attempts during his four years in Portland, and is a strong defender.

With so many high-priced commitments in Portland, it’s no surprise that Aminu was forced to look elsewhere for a contract this offseason. Orlando has been busy this weekend, already agreeing to bring back Terrence Ross and Nikola Vucevic.

Photo courtesy of USA Today Sports Images.

Kings Sign Trevor Ariza

June 30th, 2019 at 5:17pm CST by JD Shaw

JULY 7: The Kings have officially signed Ariza, according to a press release.

JUNE 30: Free agent Trevor Ariza plans to sign a two-year, $25MM contract with the Kings, according to Shams Charania of The Athletic (Twitter link).

The second season of the deal contains a partial guarantee, as reported by The Athletic’s Sam Amick.

Sacramento also reached agreements with forward Harrison Barnes and center Dewayne Dedmon at the start of free agency. Barnes was awarded a four-year, $85MM deal, while Dedmon was given a three-year deal worth $41MM.

Ariza, who is celebrating his 34th birthday today, averaged 12.5 PPG, 5.4 RPG, and 3.7 APG last season in 69 total games for the Suns and Wizards. He was dealt from Phoenix to Washington early in the season after spending the previous four years with the Rockets.

Magic Re-Sign Terrence Ross

June 30th, 2019 at 5:16pm CST by ChrisCrouse

JULY 6: The Magic have officially re-signed Ross, the team announced today in a press release.

JUNE 30: The Magic will re-sign Terrence Ross to a four-year, $54MM deal, ESPN’s Adrian Wojnarowski tweets.

Orlando appears content to run it back with the team that made the playoffs this past season for the first time since it traded away Dwight Howard. The Magic also agreed to re-sign Nikola Vucevic, one of the pieces they received in that 2012 Howard deal.

The Magic acquired Ross in the Serge Ibaka deal during the 2016/17 campaign. He started 81 games for the club last season, posting 15.1 PPG in just 26.5 minutes per game as Orlando’s sixth man. He also knocked down 38.3% of his attempts from beyond the arc while jacking up 7.0 per game.

Because the Magic held Ross’ Bird rights, no other exception will be required to make the signing official.

We ranked Ross 19th in our list of this year’s top 50 free agents.

Photo courtesy of USA Today Sports Images.

Nets, Kyrie Irving Agree To Four-Year Deal

June 30th, 2019 at 5:08pm CST by Luke Adams

JUNE 30: The Nets and Irving have agreed to a four-year, $140,790,600 deal, tweets Shams Charania of The Athletic. According to Charania, it includes a fourth-year player option.

[UPDATE: Irving will accept less than the max to accommodate a $40MM deal for DeAndre Jordan]

JUNE 29: The Nets and free agent point guard Kyrie Irving are set to meet in New York on Sunday, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that the two sides are motivated to quickly agree to terms on a four-year, maximum-salary contract worth a projected $141MM.

Once Irving commits to the Nets, the team is expected to renounce restricted free agent D’Angelo Russell, allowing him to become unrestricted, league sources tell Wojnarowski (Twitter link). However, Brooklyn is also willing to work with Russell and his reps to help him get to the destination of his choice, and may not renounce his rights if there’s a sign-and-trade deal that appeals to the Nets, Woj adds (via Twitter).

[RELATED: Lakers reach out to Russell]

Whether or not Russell’s cap hold remains on their books, the Nets will have the room necessary to sign Irving outright. Renouncing Russell – or trading him without taking back any salary – would give the club the room to sign another max-level player to join Kyrie.

It has been a roller coaster year for Irving, who said during a preseason team event with the Celtics that he intended to re-sign with Boston at season’s end. A frustrating season with the C’s made him re-think that stance, and rumors in recent months suggested that he might be eyeing a move to the Knicks. However, within the last month, multiple reports indicated that it was New York’s other team, the Nets, that Irving was focused on joining.

Irving will be moving from one Atlantic playoff team to another after earning All-NBA Second Team honors with the Celtics this past season. He averaged 23.8 PPG and a career-high 6.9 APG and 5.0 RPG with impressive efficiency numbers (.487/.401/.873 shooting). However, locker-room and chemistry issues, as well as a disappointing second-round exit in the postseason, soured his second and final year in Boston.

The Celtics have already lined up a replacement for Irving, as All-NBA Third Team guard Kemba Walker reportedly plans to agree to terms on a four-year, maximum-salary deal with Boston once free agency officially begins on Sunday.

As Boston swaps one All-NBA point guard for another, the Nets will do the same with a pair of All-Star point guards, replacing Russell with Irving. While Russell had an impressive breakout season in Brooklyn in 2018/19, the Nets’ willingness to invest big money in Irving reflects the team’s belief that the former Cavalier and Celtic is the more dynamic play-maker and scorer.

Once they secure a commitment from Irving, the Nets are expected to pursue his good friend Kevin Durant. They’d need to make at least one more roster move to open up the room necessary to land Durant, since his maximum salary projects to be about $5.5MM higher than Kyrie’s due to his 10+ years of NBA experience.

If the Nets can’t land Durant, they’ll have plenty of other options on the free agent market. Tobias Harris is one name that has been frequently linked to Brooklyn.

Photo courtesy of USA Today Sports Images.

Kevin Durant To Sign With Nets

June 30th, 2019 at 5:08pm CST by Luke Adams

5:08pm: Durant has made it official by announcing via Instagram that he’ll sign with the Nets.

3:55pm: Free agent forward Kevin Durant plans to sign with the Nets, reports ESPN’s Adrian Wojnarowski (via Twitter). Durant will make a formal announcement via Instagram once free agency officially opens at 6:00pm eastern time, tweets Wojnarowski.

According to Shams Charania of The Athletic (via Twitter), Durant will sign a four-year, maximum-salary contract with Brooklyn. The deal will be worth $164,255,700.

[UPDATE: Durant will accept less than the max to accommodate a $40MM deal for DeAndre Jordan]

[UPDATE: Durant expected to be acquired via sign-and-trade involving D’Angelo Russell]

It’s a fascinating decision by Durant, who was long believed by league insiders to be eyeing a move to the Knicks if he opted not to return to the Warriors. However, as it became increasingly clear that KD’s good friend Kyrie Irving would sign with Brooklyn, there was increased speculation that the Nets could be in play for Durant too. He and Irving had reportedly discussed the idea of playing together, and now they’ll get that chance.

Of course, while the two stars will share a locker room in Brooklyn, they’ll have to wait a little longer to actually take the court together. Durant is expected to miss the full 2019/20 season as he recovers from the torn Achilles he suffered during Game 5 of the NBA Finals.

Additionally, the Nets will have to make at least one more roster move before they can technically sign both Irving and Durant. Because KD’s maximum salary is higher than Kyrie’s, Brooklyn is still about $1.2MM short of that second max slot, tweets ESPN’s Bobby Marks.

In addition to adding Durant and Irving, the Nets have reportedly lined up deals with DeAndre Jordan and Garrett Temple. They’ll join a core that features Caris LeVert, Jarrett Allen, Joe Harris, and Spencer Dinwiddie. All-Star point guard D’Angelo Russell will be headed elsewhere with Irving arriving in Brooklyn.

As for the Warriors, losing Durant means they’re no longer facing a record-setting luxury tax bill, but they figure to be aggressive in seeking ways to upgrade their roster with their two-time Finals MVP no longer in the mix.

Photo courtesy of USA Today Sports Images.

Pistons Sign Derrick Rose

June 30th, 2019 at 5:05pm CST by JD Shaw

JULY 6: The Pistons have officially signed Derrick Rose, according to NBA.com’s log of transactions.

JUNE 30: Free agent Derrick Rose has agreed to a two-year, $15MM deal with the Pistons, according to ESPN’s Adrian Wojnarowski (Twitter link).

Rose, 30, enjoyed a productive bounce-back season in Minnesota in 2018/19. While he was limited to 51 games due to injury issues, he averaged 18.0 PPG, 4.3 APG, and 2.7 RPG with an impressive .482/.370/.856 shooting line. It was the first time the former MVP had ever shot higher than 34.0% from beyond the arc in a season.

As for the Pistons, they were in the market for a point guard to join Reggie Jackson at the position, with Ish Smith and Jose Calderon headed for unrestricted free agency.

Detroit has the full mid-level exception at its disposal and will use a portion of that MLE to sign Rose. The deal should leave the Pistons with about $2MM on its mid-level.

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

Nets Sign Garrett Temple

June 30th, 2019 at 5:05pm CST by Luke Adams

JULY 8, 10:00pm: The Nets have officially signed Temple, the team announced today in a press release.

JUNE 30, 5:05pm: The Nets have agreed to a two-year, $10MM deal with Temple, agent Mark Bartelstein confirms to ESPN’s Adrian Wojnarowski (Twitter link).

JUNE 30, 3:41pm: Free agent guard/forward Garrett Temple is expected to sign with the Nets once he’s eligible to do so, reports Marc J. Spears of The Undefeated (via Twitter). According to Spears, Temple will likely sign a two-year, $10MM deal with a second-year team option.

Temple, 33, averaged 7.8 PPG, 2.9 RPG, and 1.4 APG in a total of 75 games last season for the Grizzlies and Clippers. He’s considered a solid defender and a fairly reliable three-point shooter too (.353 career 3PT%), though he struggled after a deadline deal sent him to the Clips.

Based on the reported terms of Temple’s deal, it sounds like the Nets will use the room exception to sign him. That’s the exception available to teams that go under the cap and then use up all their cap space. It starts at $4.77MM and has a two-year value of $9.77MM.

The Nets are reportedly planning to use a significant chunk of their cap room to sign Kyrie Irving, and they’re said to be confident in their chances to land Kevin Durant with the rest of their space.

Kings Sign Dewayne Dedmon

June 30th, 2019 at 5:03pm CST by Luke Adams

JULY 8, 1:30pm: The Kings have officially signed Dedmon, the team announced today in a press release.

JUNE 30, 5:03pm: The Kings have agreed to terms on a three-year, $41MM deal with Dedmon, his agents tells Shams Charania of The Athletic (Twitter link).

JUNE 30, 4:12pm: The Kings are expected to agree to terms quickly with center Dewayne Dedmon when free agency opens, according to Sam Amick of The Athletic, who reports (via Twitter) that the two sides will finalize a three-year, $40MM agreement. The third year will be partially guaranteed, Amick adds.

The team issued a qualifying offer to Willie Cauley-Stein, who is on the market as a restricted free agent. Perhaps the team brings WCS back in addition to Dedmon, but I’d speculate that we’ve seen the last of Cauley-Stein in Sacramento.

The Kings were eyeing an upgrade at the center spot. They reportedly had interest in Al Horford, though the organization feared that he would end up signing elsewhere. Sacramento was also in the mix for Clint Capela had the Rockets opted to trade him either by himself or via a sign-and-trade that involved Jimmy Butler. There’s no word yet on whether the Kings are done shopping at the center spot.

Dedmon, who is entering his age-30 season, spent his last two seasons in Atlanta. In 2018/19, he averaged 10.8 PPG, 7.5 RPG, 1.3 BPG, and 1.1 SPG with a .492/.382/.814 shooting line in 64 games (25.1 MPG) for the Hawks.

In a recent podcast, ESPN’s Zach Lowe identified Dedmon as “sneakily the most coveted under-the-radar free agent in the league,” suggesting that teams would be thrilled to land him at the mid-level. Sacramento had to go higher than that to secure a commitment, but will still have cap room left over after adding Dedmon and Harrison Barnes.

Chris Crouse contributed to this post. Photo courtesy of USA Today Sports Images.

Bulls Sign Thaddeus Young

June 30th, 2019 at 5:03pm CST by JD Shaw

JULY 6: The Bulls have officially signed Young, the team announced in a press release.

JUNE 30: Free agent forward Thaddeus Young has agreed to join the Bulls on a three-year, $41MM deal, according to Chris Haynes of Yahoo Sports (Twitter link).

Young, 31, spent the last three seasons in Indiana. In 2018/19, he averaged 12.6 PPG, 6.5 RPG, 2.5 APG, and 1.5 APG in 81 contests (30.7 MPG) for the Pacers, making 52.7% of his shots from the floor. He also provided defensive versatility in the club’s frontcourt.

However, with the Pacers apparently committed to playing Myles Turner and Domantas Sabonis alongside one another up front, and with T.J. Warren joining the power forward mix as well, Young was the odd man out.

In Chicago, he’ll join a Bulls frontcourt that features promising young prospects Lauri Markkanen and Wendell Carter.

Having committed a chunk of their cap room to Young, the Bulls should still have about $10MM available to spend. The team is rumored to be in the market for a veteran point guard.

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