Transactions Rumors | Hoops Rumors

Knicks Sign Henry Ellenson To 10-Day Deal

February 20th, 2019 at 2:59pm CST by ChrisCrouse

FEBRUARY 20: The Knicks have made it official, announcing in a press release that they’ve signed Ellenson to a 10-day contract.

FEBRUARY 19: The Knicks will sign Henry Ellenson to a 10-day contract, according to Shams Charania of The Athletic (Twitter link).

Detroit selected Ellenson with the No. 18 overall pick in the 2016 draft, but he never saw much action for the franchise, playing in a total of 59 games. He was waived by the team shortly after the trade deadline to make room for Wayne Ellington.

The decision to add Ellenson aligns with the Knicks recent strategy of adding former first-round picks who have fallen out of favor with their previous club. Dennis Smith Jr., Emmanuel Mudiay, Noah Vonleh, and Mario Hezonja are all other teams’ recent first-rounders that currently reside in New York.

The Knicks have been below the roster minimum of 14 players since waiving Enes Kanter and Wesley Matthews after the trade deadline, but will get back to the minimum by signing Ellenson and John Jenkins, who has reportedly agreed to a two-year deal with the team.

Heat Sign Emanuel Terry To 10-Day Contract

February 20th, 2019 at 10:50am CST by Luke Adams

The Heat have made a roster move, announcing today in a press release that rookie forward Emanuel Terry has signed a 10-day contract with the club. The move brings Miami’s roster count to 14 players, not including players on two-way deals.

Terry, 23, joined the Nuggets for training camp last fall after going undrafted out of Lincoln Memorial. Waived by Denver during the preseason, he has spent most of his rookie year with the Canton Charge and Sioux Falls Skyforce in the G League. In 29 NBAGL games (24.5 MPG) this season, Terry has averaged 10.7 PPG and 7.2 RPG with 1.6 BPG.

Terry’s G League play earned him an NBA shot last month, as he inked a 10-day deal with Phoenix last month, appearing in a pair of NBA games for the team. When the Suns didn’t re-sign him, he returned to Sioux Falls.

Terry had been set to participate in this week’s World Cup qualifiers for Team USA, having been named to the squad’s latest 12-man roster. However, he was replaced on Team USA’s roster when an opportunity in Miami emerged, and he’ll spend at least the next 10 days with the Heat.

The Heat are now in compliance with NBA roster rules after having carried 13 players for the last two weeks. Terry’s 10-day contract will count against their cap for approximately $47K.

Hawks Sign Jordan Sibert To 10-Day Deal

February 20th, 2019 at 10:33am CST by Luke Adams

10:33am: Sibert’s deal is now official, the Hawks confirmed in a press release. It will run through March 1, covering Atlanta’s next five games.

9:09am: The Hawks are set to sign G League guard Jordan Sibert to a 10-day contract, reports Chris Kirschner of The Athletic (Twitter link). The team has multiple openings on its 15-man roster, so no corresponding move will be necessary to create room.

Sibert, who played his college ball at Ohio State and Dayton, went undrafted in 2015 and has played in the G League and in international leagues since then. His only stint with an NBA team came in the fall of 2015, when he was in training camp with the Magic.

The 6’4″ guard has spent the 2018/19 season with the Erie BayHawks, Atlanta’s NBAGL affiliate, averaging 15.1 PPG, 4.5 RPG, 2.0 APG, and 1.4 SPG to go along with a .423/.373/.824 shooting line.

Atlanta currently has just 12 players on standard NBA contracts, meaning two roster moves are necessary to get back to the league-mandated 14-player minimum. Signing Sibert will get the Hawks halfway there, and they also reportedly intend to promote two-way player Jaylen Adams to the 15-man roster. Both moves should be finalized within the next day or two.

Kings To Sign Corey Brewer To Second 10-Day Deal

February 18th, 2019 at 2:42pm CST by Luke Adams

The Kings are planning to sign veteran swingman Corey Brewer to a second 10-day contract, a source tells JD Shaw of Hoops Rumors (Twitter link). Brewer’s initial 10-day deal with the club expired overnight.

Brewer, who will turn 33 next month, signed a pair of 10-day contracts with the Sixers earlier this year, then joined the Kings following the trade deadline. Having averaged 7.6 PPG, 2.4 RPG, and 1.7 SPG in seven games (20.0 MPG) in Philadelphia, Brewer didn’t see any action during his first 10 days with Sacramento.

Despite not using him yet, the Kings seem comfortable having a veteran like Brewer on their bench to play minutes at the two and three if necessary, having sent Iman Shumpert to Houston at the trade deadline. Sacramento is also carrying just 13 players after Brewer’s 10-day deal expired, so the team would have had to get back up to 14 eventually if he hadn’t been re-signed.

Waiting until Wednesday to complete Brewer’s next 10-day contract would allow the Kings to keep him under team control for their next five games, but NBA.com’s transactions log indicates that the move has already been finalized. If that’s the case, the deal will run through February 27, covering Sacramento’s next four contests. We’ll wait for official word from the team to be sure.

As we detailed earlier today, even before receiving his new 10-day deal, Brewer has already signed more 10-day contracts so far this season than any other NBA player.

Nuggets’ Tim Connelly Agrees To Extension

February 15th, 2019 at 5:16pm CST by Dana Gauruder

Nuggets president of basketball operations Tim Connelly has agreed to a contract extension, ESPN’s Adrian Wojnarowski tweets.

Connelly’s contract could have expired at the end of this season, but he has been in negotiations for several weeks with Nuggets president Josh Kroenke on a new deal, Wojnarowski adds in another tweet.

The team has confirmed the extension in a press release. General manager Arturas Karnisovas and the entire basketball operations staff in Denver have also received extensions, according to the release.

“It gives me immense pride to announce contract extensions for our entire front office, as our journey to this point has been one of hard work, patience and trust in one another,” Kroenke said in a statement. “When Tim joined us in 2013, he understood the vision that we had for the future of the Nuggets, and through his dedication our program is incredibly well positioned to compete at the highest level for years to come. Building a true championship contender in the NBA is a unique process for each franchise, and our path in Denver hasn’t always been clear. But Tim, Arturas and the rest of our staff continued to work through every challenge we faced along the way, and I hope Nuggets fans are as excited as we are about our future. We firmly believe we can bring an NBA championship to Denver, and are thrilled to continue our pursuit together.”

The Nuggets have emerged as one of the Western Conference’s top teams, mainly due to smart selections in the draft. Denver has drafted All-Star center Nikola Jokic and guards Jamal Murray, Gary Harris and Malik Beasley during Connelly’s regime.

This isn’t the first time Connelly received an extension. He got one from the Nuggets in 2016 when he held the title of GM. Karnisovas held the title of assistant GM at the time.

Thunder Sign Scotty Hopson To 10-Day Contract

February 14th, 2019 at 10:20am CST by Luke Adams

FEBRUARY 14: Hopson’s 10-day deal with the Thunder is now official, according to a press release issued by the club.

FEBRUARY 13: The Thunder plan to sign guard Scotty Hopson to a 10-day contract as they look to get back to the league-mandated roster minimum, reports Royce Young of ESPN.com (Twitter link). According to Young, the signing is expected to be finalized before OKC’s game against New Orleans on Thursday.

Hopson, 29, was briefly a member of the Thunder back in October when the team signed – and then waived – him in order to secure his G League rights. He has spent the season with the Oklahoma City Blue, averaging 17.0 PPG, 4.5 RPG, and 2.8 APG with a .551/.341/.725 shooting line in 25 NBAGL games (29.0 MPG).

This will be the second straight season in which Hopson has signed a 10-day contract. He received one from the Mavericks last February, appearing in a single game with Dallas. His only other NBA action came back in 2013/14, when he played two games for the Cavs.

The Thunder also reportedly intend to sign Richard Solomon to a 10-day contract. Assuming they finalize deals with both Solomon and Hopson on Thursday, they’ll be back to the minimum roster count of 14 players, and will keep the duo under contract for three games over the next 10 days — tomorrow’s contest, plus two after the All-Star break.

Thunder Sign Richard Solomon To 10-Day Deal

February 14th, 2019 at 10:19am CST by Luke Adams

FEBRUARY 14: The Thunder have officially signed Solomon to a 10-day contract, the team announced today in a press release.

FEBRUARY 12: The Thunder intend to fill one of the open spots on their 15-man roster by signing G League forward Richard Solomon to a 10-day contract, reports Shams Charania of The Athletic (Twitter link).

Solomon, 26, has never appeared in a regular season NBA game, though he spent training camp with the Thunder in 2014, the Hawks in 2016, and OKC again in 2018. This season, the former Cal standout has played for the Oklahoma City Blue, the Thunder’s NBAGL affiliate, averaging 13.6 PPG and 8.6 RPG on 59.8% shooting in 31 games (26.5 MPG).

Solomon is unlikely to see much action for the Thunder, who are required by NBA rules to add a player to their roster soon. Currently, Oklahoma City is carrying 12 players, two below the league-mandated 14-player minimum.

Most teams that dipped below that minimum at the trade deadline have until after the All-Star break to get their roster count back up to 14, since there’s a two-week grace period. However, the Thunder have been below the minimum since February 1, when they sent Timothe Luwawu-Cabarrot to Chicago, so they’ll have to make a move this week.

While this is just my speculation, it wouldn’t be a surprise if the Thunder wait until Thursday to finalize Solomon’s deal. That would allow the team to avoid keeping him on the roster for longer than 10 days — 10-day contracts must span at least three games, and OKC’s next three games fall on February 14, February 22, and February 23.

Trail Blazers Sign Enes Kanter

February 13th, 2019 at 10:15pm CST by Luke Adams

10:15pm: The Blazers have officially signed Kanter, the club confirmed in a press release.

3:50pm: After being released by the Knicks last week, Enes Kanter has lined up a new NBA home, reports ESPN’s Adrian Wojnarowski (via Twitter). According to Wojnarowski, Kanter and the Trail Blazers have reached an agreement on a deal.

Kanter confirmed the news himself, tweeting that he’s signing with Portland for the rest of the season. Wojnarowski adds (via Twitter) that the Trail Blazers beat out multiple suitors, including the Lakers, for the big man’s services.

Things have gone full circle now between Kanter and the Blazers, who originally signed him to a four-year, $70MM offer sheet during 2015’s free agent period. The Thunder matched that offer and retained Kanter, then later traded him to the Knicks. The veteran center was in the final year of that four-year contract this season before New York waived him, allowing him to return to the free agent market.

The Blazers roster that Kanter is joining now looks much different than it did in 2015, and the role he’ll play probably won’t be the same as the one the team envisioned four years ago. However, he’s expected to see a “good share of minutes” in Portland, according to Wojnarowski. The 26-year-old figures to slot in as Jusuf Nurkic‘s backup at the five, perhaps cutting into Meyers Leonard‘s and/or Zach Collins‘ playing time.

While he was ultimately removed the Knicks’ rotation in recent weeks as the team prioritized developing its youth, Kanter was as productive as ever in his 44 games this season, posting a double-double (14.0 PPG and 10.5 RPG) in just 25.6 minutes per contest.

The Blazers won’t have to make a corresponding roster move to officially sign Kanter, since they had an open roster spot.

Photo courtesy of USA Today Sports Images.

Raptors Sign Jeremy Lin

February 13th, 2019 at 4:47pm CST by Arthur Hill

Two days after agreeing to a buyout with the Hawks, Jeremy Lin has officially signed with the Raptors, the team announced on Twitter. Toronto has been the expected destination for the 30-year-old guard once he cleared waivers.

Lin will make approximately $697K for the rest of the season, which matches the amount he gave back to the Hawks in his buyout, and will carry a $487K cap hit, posts Bobby Marks on ESPN Now. The Raptors’ moves this month have saved them $13.5MM in luxury taxes and they have trimmed their projected tax bill to $21.2MM.

Lin played in 51 games for Atlanta, nearly all as a reserve, and posted a 10.7/2.3/3.5 line in 19.7 minutes per night. He also proved that he can stay healthy after missing significant time with injuries in each of the past two seasons.

Although he is far removed from his “Lin-sanity” days in New York, Lin still has the ability to help a contender. He arrives at a good time for the Raptors, who will be without reserve guard Fred VanVleet for around five weeks after he undergoes thumb surgery.

Toronto coach Nick Nurse had planned to use Lin as a combo guard, but he will inherit the role of backup point guard until VanVleet returns, tweets Ryan Wolstat of The Toronto Sun. Lin will make his Raptors debut tonight.

“He’s a good player,” Nurse said of Lin. “We want to get good players on the floor.”

Grizzlies Sign Bruno Caboclo To Multiyear Deal

February 13th, 2019 at 9:09am CST by Luke Adams

9:09am: Caboclo’s new deal with the Grizzlies is now official, according to the NBA’s transactions log.

7:56am: Bruno Caboclo‘s second 10-day contract with the Grizzlies expired overnight, but the team won’t be letting him get away, per reports from Chris Herrington of The Daily Memphian and Michael Wallace of Grizzlies.com (Twitter links). According to Herrington and Wallace, Memphis is signing Caboclo to a rest-of-season contract that will also include a salary for 2019/20.

The 20th overall pick in the 2014 draft, Caboclo never developed into a rotation piece for Toronto and didn’t play much for Sacramento last season after the Raptors traded him to the Kings in a deadline deal. However, he has earned regular playing time during his 20-day, 10-game stint with the Grizzlies so far, averaging 6.1 PPG and 3.2 RPG in 21.1 minutes per contest.

While Caboclo has continued to struggled with his shot (.333 FG%, .250 3PT%) in Memphis, the club’s coaching staff has been intrigued by his “size, length, defensive instincts, and offensive potential,” tweets Wallace. The Grizzlies view him as an asset and want to continue working on developing his game.

The exact details of Caboclo’s new contract aren’t known, but the Grizzlies don’t have their mid-level or bi-annual exceptions available, so it’ll be a minimum salary deal, and the second year seems unlikely to be fully guaranteed. The prorated cap charge for this season will be approximately $487K, assuming the deal is officially finalized today.

Caboclo will continue to fill the 15th and final spot on Memphis’ roster, meaning the Grizzlies would have to release someone with a guaranteed contract if they want to add any other new players down the stretch.

As our 10-day tracker shows, Caboclo will become the first player this season to parlay a pair of 10-day deal into a rest-of-season contract with that same team.