Transactions Rumors | Hoops Rumors

Hornets Waive Mangok Mathiang

August 15th, 2018 at 6:20pm CST by clarkcrum

The Hornets have waived big man Mangok Mathiang, per an official release from the team and announcement from President of Basketball Operations & General Manager Mitch Kupchak.

Mathiang, 25, signed a two-way contract with the Hornets a little over one year ago today. He played in four games during the 2017/18 season, averaging 2.0 points and 2.5 rebounds in 5.0 minutes per contest.

The 6’10” center also appeared in 43 games (36 starts) for Charlotte’s G League affiliate, the Greensboro Swarm, where he averaged 10.8 points, 9.2 rebounds, 1.4 blocks and 1.1 assists in 25.3 minutes per game.

After waiving Mathiang, the Hornets now have an open two-way spot on their roster, with rookie guard J.P. Macura holding down the other two-way contract for Charlotte.

Heat Sign Forward Marcus Lee

August 15th, 2018 at 11:08am CST by Dana Gauruder

The Heat have signed undrafted forward Marcus Lee, according to a team press release.

The terms of the contract were not released but it’s likely to be an Exhibit 10 deal, which would allow Miami to designate Lee as an affiliate player in order to retain his G League rights if he’s waived during training camp.

The 6’9′ Lee played one season at Cal, averaging 11.4 PPG, 7.2 RPG, 1.6 BPG and 1.3 APG in 27.8 MPG while shooting 56.3% from the field as a senior. He began his college career at Kentucky.

Lee was a member of the Cavaliers’ summer league squad, averaging 6.1 PPG, 4.7 RPG and 1.6 blocks in 15.9 MPG while appearing in seven games.

Nets Guarantee Spencer Dinwiddie’s Contract

August 14th, 2018 at 6:01pm CST by Dana Gauruder

The Nets have guaranteed the contract of point guard Spencer Dinwiddie, Adrian Wojnarowski of ESPN tweets. Dinwiddie will make $1,656,092 during the upcoming season.

Brooklyn didn’t have to fully guarantee Dinwiddie’s deal until January 10, so if nothing else this gives Dinwiddie some peace of mind when he heads to training camp.

The Nets have a muddled point guard situation with D’Angelo Russell and Shabazz Napier, a rotation player with the Trail Blazers last season, also in the mix.

The Nets could also sign Dinwiddie to an extension during the season, though not until December 8, the two-year anniversary of inking his current deal, ESPN’s Bobby Marks tweets.

Dinwiddie had a breakout season in his second year with the franchise, averaging 12.6 PPG and 6.6 APG in 28.8 MPG while appearing in 80 games. The 6’6” Dinwiddie also played two seasons with the Pistons.

Jazz Waive Guard David Stockton

August 14th, 2018 at 4:32pm CST by Dana Gauruder

The Jazz have waived guard David Stockton, the son of their Hall of Fame point guard John Stockton, Shams Charania of Yahoo Sports tweets.

This comes as no surprise since the younger Stockton had already signed to play in Germany with Medi Bayreuth. Stockton had a non-guaranteed contract with the Jazz for the upcoming season.

Stockton joined Utah on a pair of 10-day contracts, then signed for the rest of the season in early April. He appeared in three games and played nine total minutes. He also made a couple of playoff cameos.

With Stockton off the books, the Jazz now have a roster total of 18, with 14 guaranteed contracts, two non-guaranteed contracts and a pair of two-way deals. Stockton had no path to playing time on the Jazz with Ricky Rubio, Dante Exum and Raul Neto ahead of him on the point guard depth chart.

Stockton has previous overseas experience in Croatia and New Zealand. He also played three games for the Kings in 2015.

Bulls Sign Derrick Walton Jr.

August 14th, 2018 at 2:06pm CST by Luke Adams

AUGUST 14: The Bulls have made it official, announcing today in a press release that they’ve signed Walton.

AUGUST 10: Former Heat two-way player Derrick Walton Jr. intends to sign a new contract with the Bulls, agent Mark Bartelstein tells Barry Jackson of The Miami Herald.

Walton, 23, inked a two-way contract with the Heat last July after going undrafted out of Michigan. The 6’1″ point guard stuck with the franchise all season, appearing in 16 games for the NBA squad and 27 for the Sioux Falls Skyforce in the G League.

Although his role for the Heat was very limited, Walton averaged 16.1 PPG, 7.0 APG, and 4.0 RPG with a .442/.377/.902 shooting line in the NBAGL.

When Walton’s two-way agreement with the Heat expired at season’s end, the club tendered him a qualifying offer, retaining the right of first refusal. However, Miami withdrew that QO during the second week of July, allowing him to become an unrestricted free agent.

While details of Walton’s deal with Chicago aren’t yet known, the club has a little flexibility. The Bulls currently have 17 players under contract — 14 on fully guaranteed deals, two on non-guaranteed or partially guaranteed deals, and one on a two-way pact. As such, the team could give Walton a camp deal and allow him to compete for the last spot on the 15-man regular season roster, or it could ink him to a two-way contract.

Warriors Sign Marcus Derrickson

August 14th, 2018 at 1:00pm CST by Dana Gauruder

AUGUST 14: The Warriors have officially signed Derrickson, according to RealGM’s NBA transactions log.

AUGUST 10: Undrafted Georgetown forward Marcus Derrickson has agreed to an Exhibit 10 contract with the Warriors, Shams Charania of Yahoo Sports tweets.

Derrickson impressed in summer-league play, averaging 14.0 PPG and 4.8 RPG in 21.4 MPG with Golden State during five Las Vegas appearances. The 6’7” Derrickson averaged 15.9 PPG and 8.1 RPG while shooting 46% from 3-point range during his final college year.

Exhibit 10 contracts are one-year deals worth the minimum salary. Derrickson will have a chance to make the 15-man roster during training camp but will likely be designated an affiliate player for the Warriors’ G League team in Santa Cruz.

Thunder Sign Tyler Davis To Two-Way Deal

August 13th, 2018 at 6:06pm CST by Luke Adams

6:06pm: The signing is official, the team tweets.

8:55am: The Thunder are poised to fill their second two-way contract slot, according to Shams Charania of Yahoo Sports, who reports (via Twitter) that former Texas A&M big man Tyler Davis will sign a two-way deal with Oklahoma City.

Davis, who came in at No. 85 on Jonathan Givony’s big board of 2018 prospects at ESPN.com, went undrafted in June after forgoing his final year of college eligibility to declare as an early entrant. In his junior season at Texas A&M, the 6’10” center averaged 14.9 PPG, 8.9 RPG, and 1.3 BPG to go along with a .585 FG%.

The Thunder had previously signed Deonte Burton to fill one of their two-way contract slots, and will now use the other on Davis. Assuming Burton and Davis enter the season as OKC’s two-way players, it clouds the path to the NBA for 2018 second-rounder Kevin Hervey. I noted yesterday that Hervey would be a candidate for that second two-way slot, so we’ll see what the Thunder have in mind for him now.

Assuming Burton and Davis both remain under contract to start the 2018/19 campaign, the Thunder’s regular-season roster looks pretty much set. The team already has 15 players on standard NBA contracts who have guaranteed salaries for ’18/19.

Grizzlies Sign Markel Crawford

August 13th, 2018 at 2:40pm CST by Luke Adams

The Grizzlies have signed Markel Crawford to a training camp contract, according to RealGM’s NBA transactions log. While specific terms of the deal aren’t known, there’s a good chance it will be an Exhibit 10 contract.

Crawford, a 6’4″ guard, finished his college career at Ole Miss in 2017/18, averaging 9.2 PPG, 4.0 RPG, and 2.1 APG in his senior year. However, he’s a Memphis native and spent his first three college seasons with the Memphis Tigers. Crawford told Jessica Benson of WATN in Memphis (video link) that it was a dream come true to be joining his hometown NBA team.

“I just label myself a real Memphis guy,” Crawford said. “A real gritty guy. For me to be playing with a grit and grind type team, just means the world.”

Crawford first played for the Grizzlies in Utah and Las Vegas Summer League action last month. He was particularly effective in seven Vegas contests, averaging 9.6 PPG on 53.1% shooting.

The Grizzlies already have 15 players on guaranteed contracts and have filled both of their two-way contract slots, so Crawford is a long shot to make the team’s regular season roster. He may ultimately end up with the Grizzlies’ G League affiliate, the Memphis Hustle.

Raptors Sign Greg Monroe

August 13th, 2018 at 2:02pm CST by Arthur Hill

AUGUST 13: While the Raptors haven’t yet issued a press release confirming the move, Monroe has officially signed with the club, per the NBA’s transactions log.

AUGUST 6: Free agent center Greg Monroe has agreed to a contract with the Raptors, tweets Shams Charania of Yahoo Sports.

Monroe will get a one-year, $2.2MM deal, Charania adds (Twitter link) and will move from one Eastern Conference contender to another after finishing last season with the Celtics. Monroe will fill the backup center slot, according to Josh Lewenberg of TSN (Twitter link), who reported Toronto’s interest in Monroe last week.

The Raptors had their $5.3MM mid-level exception available, but are concerned about adding to their luxury tax bill. Toronto already had more than $137MM committed for next season before adding Monroe. He will become the 14th player on the roster with a fully or partially guaranteed contract.

An eight-year veteran, Monroe averaged 10.3 points and 6.9 rebounds last season while splitting time between the Bucks, Suns and Celtics. He was sent from Milwaukee to Phoenix in November as part of the Eric Bledsoe deal, then signed with the Celtics in February after agreeing to a buyout.

The addition of Monroe may signal the end of the Raptors’ relationship with Lucas Nogueira, who has been with the organization for the past four seasons. The free agent center got into 49 games last year and scored 2.5 points per night.

Photo courtesy of USA Today Sports Images.

Rockets Sign Carmelo Anthony

August 13th, 2018 at 12:21pm CST by clarkcrum

AUGUST 13, 12:21pm: Rockets general manager Daryl Morey has published a tweet welcoming Anthony to Houston, signaling that the signing is now official.

AUGUST 13, 8:21am: Anthony has traveled to Houston and is completing his physical on Monday, according to ESPN’s Adrian Wojnarowski, who tweets that the veteran forward should finally make his deal with the Rockets official today.

AUGUST 7, 4:17pm: Carmelo Anthony has verbally agreed to sign with the Rockets, league sources tell Shams Charania of Yahoo Sports. Anthony already made his plans known a few weeks back, but he still needed to be officially traded and waived before he could make a final decision.

Anthony reportedly drew interest from the Heat in addition to the Rockets, but Houston has always been seen as the frontrunner ever since it became public knowledge that the working relationship between Anthony and the Thunder was beyond repair.

The 34-year-old forward, who has long made it known that he sees himself as a starter in the NBA, will presumably get the chance to show he’s right after Houston lost both Trevor Ariza and Luc Mbah a Moute in free agency.

Anthony will reportedly sign a one-year, veteran’s minimum salary, leaving the Rockets with the remainder of their mid-level exception to use elsewhere.

Photo courtesy of USA Today Sports Images.