Transactions Rumors | Hoops Rumors

Heat Re-Sign Udonis Haslem

September 10th, 2018 at 5:43pm CST by Arthur Hill

SEPTEMBER 10: Haslem has officially re-signed, according to a team press release. “It’s great to have our captain back,” Heat president Pat Riley said. “We’re looking forward to having UD back for his 16th season with the Heat.”

SEPTEMBER 6: Veteran forward Udonis Haslem will return for another season with the Heat, tweets Shams Charania of The Athletic. He agreed to a one-year contract at the veteran’s minimum of about $2.4MM.

The contract will include an “implicit” no-trade clause, notes salary cap expert Albert Nahmad, but it’s almost unthinkable that Miami would try to include Haslem in a deal (Twitter link).

Haslem has spent 15 years in the NBA, all with the Heat, but has transitioned into a mentor’s role in the past two seasons. He got into just 14 games last year, played about five minutes per night and averaged less than a point and a rebound per contest.

Haslem originally signed with Miami in 2003 after going undrafted out of Florida. He became a starter in his second season and averaged close to a double-double in points and rebounds for several years. He provided toughness and leadership as a part-time starter during the Big Three era when the Heat made four straight trips to the NBA Finals.

Miami has been holding two roster spots open throughout the summer for Haslem and Dwyane Wade. Today’s signing brings the Heat’s training camp total to 19 with Wade expected to announce a decision soon. Thirteen players have guaranteed contracts with Duncan Robinson and Yante Maten holding two-way deals and Briante Weber, Marcus Lee, Malik Newman and Jarnell Stokes all having Exhibit 10s (Twitter link).

Luol Deng Signs With Wolves

September 10th, 2018 at 4:23pm CST by Arthur Hill

3:23pm: The signing is official, the team’s PR department tweets.

1:37pm: Minnesota has reached a one-year, $2.4MM agreement with free agent forward Luol Deng, according to Adrian Wojnarowski of ESPN.

Deng becomes the latest member of a group that has been dubbed the “Timber-Bulls,” made up of coach/executive Tom Thibodeau and former Chicago players Jimmy Butler, Derrick Rose and Taj Gibson. Deng reached his career peak playing for the Bulls under Thibodeau with a pair of All-Star appearances.

The low point of Deng’s career came last season with the Lakers, when he played 13 minutes on opening night and was benched for the rest of the year. Deng didn’t have any physical problems that kept him off the court, but he didn’t fit in with the youth movement launched by team president Magic Johnson and GM Rob Pelinka.

Deng agreed to a buyout last week that affects the final two seasons of the four-year, $72MM contract he signed in 2016. To get his freedom from the Lakers, Deng agreed to give back $7.5MM of the $36.8MM remaining, with 48.9% coming from this year’s salary and the rest from the 2019/20 figure.

Before being sidelined last year, Deng was coming off a disappointing debut season with the Lakers, posting a 7.6/5.3/1.3 line in 56 games while shooting 39% from the field. His last good season came with Miami in 2015/16 when averaged 12.3 PPG and 6.0 PPG in 74 games.

Minnesota has just 12 guaranteed contracts, so finding space for Deng won’t be an issue. The Wolves had their full $3.382MM bi-annual exception available, but Deng agreed to sign for the veteran’s minimum. The agreement doesn’t come with any guarantee of playing time, Wojnarowski adds.

Photo courtesy of USA Today Sports Images.

Devin Booker To Undergo Hand Surgery, Out Indefinitely

September 9th, 2018 at 7:59pm CST by Austin Kent

7:59pm: Booker’s procedure will take place on Monday, Adrian Wojnarowski of ESPN tweets and the team will have a better idea of the guard’s availability for the regular season then.

6:58pm: According to John Gambadoro of 98.7 FM Arizona’s Sports Station, Suns guard Devin Booker will be out indefinitely as he undergoes surgery on his hand.

While no set timetable has been revealed, it’s likely that the 21-year-old misses the start of training camp.

For those keeping track at home, Booker initially injured the hand last March and it caused him to miss the final 12 games of the 2017/18 season. There’s no indication at this point as to why the guard elected to wait until September to make the decision to go under the knife.

Booker, the prolific combo guard charged with leading the franchise’s rebuild, will hit the sidelines just weeks after the club dealt Brandon Knight to the Rockets, creating a vacancy at point guard.

The Suns, who are said to be on the hunt for guards, will need to address the dearth of playmakers sooner than later if it looks like Booker’s injury could stretch into the regular season.

Booker inked a five-year contract extension this summer for an estimated $158MM.

Rodney Hood Accepts Cavaliers’ Qualifying Offer

September 9th, 2018 at 12:58pm CST by Luke Adams

Restricted free agent wing Rodney Hood has accepted the Cavaliers‘ one-year qualifying offer, reports Joe Vardon of Cleveland.com. The one-year deal, worth $3,472,887, will set up Hood to become an unrestricted free agent during the summer of 2019.

Hood, who was traded from the Jazz to the Cavs midway through the 2017/18 season, struggled to produce consistently with his new club, averaging just 10.8 PPG on .442/.352/.813 shooting in 21 regular season games with Cleveland before falling out of the rotation for part of the postseason. He had recorded 16.8 PPG with a .424/.389/.876 shooting line in 39 contests for Utah.

Having spent more than two months as a restricted free agent, Hood was in a tough spot, given the lack of teams left with roster spots and the willingness to spend big on an offer sheet. According to Vardon, Hood was seeking a long-term contract in the range of $9MM per year.

The Cavs had been willing to offer a multiyear deal worth approximately $7MM annually, per Vardon, which the 25-year-old turned down in a bet on himself. If he has a big year in 2018/19 as a primary option in Cleveland’s offense, Hood could be in line for a bigger payday in 2019, when more teams will have cap space available. The Cavs will still hold his Bird rights at that time.

With Hood back in the fold and David Nwaba having signed a one-year, minimum-salary pact with the Cavaliers, the club is moving closer to being ready for opening night. The Cavs will now have 14 players with fully guaranteed salaries, totaling about $115.7MM. Isaiah Taylor will also attend training camp on a non-guaranteed contract, and the club figures to fill out its 20-man offseason roster with a few more camp invitees in the coming weeks.

A players who accepts his qualifying offer as a restricted free agent receives an implicit no-trade clause for that league year, since they’d lose their Bird rights if they’re traded. As such, Hood won’t be able to be dealt without his consent during the 2018/19 season.

Photo courtesy of USA Today Sports Images.

Cavaliers Sign David Nwaba

September 8th, 2018 at 12:02pm CST by marksuleymanov

The Cavaliers have officially signed guard David Nwaba to a one-year contract, the team announced in a press release. The two sides were close to an agreement early last month and today finalized the deal, which is worth approximately $1.5MM, Nwaba’s minimum salary.

Nwaba had a solid season for the Bulls in 2017/18, averaging 7.9 PPG and 4.7 RPG while playing strong perimeter defense in 70 games (21 starts). The former undrafted free agent has also suited up for the Lakers, appearing in 20 games during the 2016/17 season.

Initially a restricted free agent, the Los Angeles native had his qualifying offer rescinded by the Bulls in mid-July as Chicago prepared to finalize the signing of Jabari Parker. As an unrestricted free agent, Nwaba reportedly drew interest from the Lakers and Spurs, and had “dialogue” with the Timberwolves before agreeing to join the Cavs. Cleveland reportedly pursued Nwaba aggressively throughout July, contacting him shortly after the free agent period opened.

Nwaba’s new contract will be the 13th guaranteed deal on the Cavaliers’ roster, not counting restricted free agent Rodney Hood, whose negotiations with the organization have stalled.

Clippers Sign Desi Rodriguez

September 8th, 2018 at 11:10am CST by Luke Adams

The Clippers have officially added Desi Rodriguez to their offseason roster, signing him to a one-year deal, according to RealGM’s transactions log. It’s an Exhibit 10 contract, a source tells Keith Smith of RealGM.com (Twitter link). Los Angeles now has a full 20-man roster.

Rodriguez’s agreement with the Clippers was originally reported shortly after he went undrafted back in June. The Seton Hall forward averaged 17.5 PPG, 4.8 RPG, and 2.0 APG during his senior season in 2017/18. He also posted a shooting line of .498/.373/.736 and knocked down a career-best 1.8 threes per game.

The Clippers, who also signed Rodriguez’s college teammate Angel Delgado to a two-way contract this offseason, had Rodriguez play for their Summer League team in July. In six games in Las Vegas, the 22-year-old posted 7.0 PPG on 34.6% shooting.

While Rodriguez is poised to attend camp with the Clippers, he’s more likely to end up playing for the club’s G League affiliate, the Agua Caliente Clippers of Ontario. L.A.’s NBA squad has 15 players on guaranteed contracts, plus Patrick Beverley and Tyrone Wallace on non-guaranteed deals, and both of its two-way contract slots are full as well.

If Rodriguez is cut by the Clippers and then spends two months with the team’s G League affiliate, his Exhibit 10 deal will put him in line for a bonus worth up to $50K.

Hawks Sign R.J. Hunter

September 7th, 2018 at 12:02pm CST by Luke Adams

12:02pm: The Hawks have formally announced their deal with Hunter, issuing a press release to confirm the signing.

11:27am: The Hawks will announce the signing of free agent shooting guard R.J. Hunter today, according to Chris Vivlamore of The Atlanta Journal-Constitution (Twitter link). Once Atlanta officially signs both Hunter and Cole Aldrich, whose deal with the Hawks was reported on Thursday, the team’s 20-man offseason roster will be full.

Hunter, a 2015 first-round pick, spent just one season with the Celtics before being waived. Since then, Hunter has appeared in a handful of NBA games for the Bulls and Rockets. He was on a two-way contract with Houston before being waived by the club last month.

The Rio Grande Valley Vipers and Erie BayHawks – the G League affiliates for the Rockets and Hawks – completed a trade last week that saw the BayHawks acquire Hunter’s NBAGL rights. As Adam Johnson of 2Ways10Days.com noted at the time (via Twitter), there was a feeling that Atlanta would offer Hunter an Exhibit 10 contract after securing his G League rights.

With 15 players on guaranteed salaries and Thomas Robinson and Aldrich among the non-guaranteed players also vying for roster spots, there likely won’t be room on the Hawks’ regular season roster for Hunter, but he’ll apparently attend camp with Atlanta. If he’s waived and opts to play in the G League for the 2018/19 season, he’ll suit up for Erie.

Alfonzo McKinnie Gets Camp Deal From Warriors

September 7th, 2018 at 10:43am CST by Dana Gauruder

SEPTEMBER 7: McKinnie has officially signed with the Warriors, per RealGM’s log of NBA transactions.

SEPTEMBER 5: Former Raptors forward Alfonzo McKinnie has reached a training-camp agreement with the Warriors, Anthony Slater of The Athletic tweets.

The 6’8” McKinnie appeared in 14 games with Toronto last season, averaging 1.5 PPG in 3.8 MPG.

The Raptors waived McKinnie on July 17, just before his $1,378,242 salary for the upcoming season became guaranteed. Undrafted out of Wisconsin-Green Bay, McKinnie was signed to a two-year minimum contract last summer.

McKinnie, 25, spent most of the season with the G League’ Raptors 905. He posted averages of 14.0 PPG and 7.5 RPG in 35 starts.

He faces an uphill battle to make the club on a roster with 13 players on guaranteed deals and a trio of others currently with non-guaranteed pacts. Golden State also possesses plenty of other forward options beyond starters Kevin Durant and Draymond Green, including Andre Iguodala, Jonas Jerebko, Danuel House, Kevon Looney and Marcus Derrickson, as well as two-way player Damion Lee.

The Windy City Bulls still hold McKinnie’s G League rights, Adam Johnson of 2Ways10Days tweets.

Celtics Sign Bibbs, King, Roberson To Training Camp Deals

September 6th, 2018 at 9:57am CST by Arthur Hill

The Celtics have signed three players to training camp contracts, tweets Keith Smith of RealGM.com. The new additions are Justin Bibbs, Nick King and Jeff Roberson, all of whom agreed to Exhibit 10 deals. All three are rookies who weren’t selected in June’s draft.

A 6’5″ guard from Virginia Tech, Bibbs played for the Celtics’ entry in the Las Vegas Summer League, averaging 5.0 points in six games. King, a 6’7″ forward out of Middle Tennessee State, was with the Lakers this summer and played 10 games in the Las Vegas and Sacramento leagues, averaging 8.6 PPG and 4.7 RPG. Roberson, a 6’6″ forward from Vanderbilt, saw limited action with the Warriors’ Summer League team and posted 1.6 PPG in five games in Las Vegas.

The signings give Boston a full 20-man roster heading into training camp. The Celtics have 15 players with fully guaranteed contracts, along with the three Exhibit 10 deals and P.J. Dozier and Walt Lemon on two-way contracts.

Clippers Match Offer Sheet For Tyrone Wallace

September 5th, 2018 at 8:25pm CST by Dana Gauruder

The Clippers have matched the Pelicans’ offer sheet for guard Tyrone Wallace, according to a team press release.

“We identified Tyrone as a versatile, competitive and tough-minded player who adds to the organizational culture,” Clippers president of basketball operations Lawrence Frank said in a statement. “Ty worked hard with our staff at Agua Caliente and Los Angeles, and his growth has been a reflection of his commitment to getting better. Together with our team’s player development program, Ty demonstrated impressive improvement and contributed meaningfully to our team last season. We are excited to welcome Ty back to the Clippers.”

The Pelicans signed Wallace on Monday to an offer sheet worth the veteran’s minimum, approximately $2.9MM over two years. The Clippers had two days once Wallace signed the offer sheet to decide whether to match it or let him go.

It was generally assumed the Clippers wouldn’t match the offer sheet for the 6’5” restricted free agent, who played last season on a two-way deal. With Wallace back in the mix, the Clips now have 15 players with guaranteed deals, plus non-guaranteed contracts for Wallace and Patrick Beverley, so they’ll have to trade or release a couple of those players by the end of the preseason.

Still, as ESPN cap expert Bobby Marks points out (via Twitter), even though retaining Wallace doesn’t help the Clippers clear their roster logjam, there’s little risk involved in bringing him back for the time being. His new deal features a partial guarantee of $300K (as of September 12), but won’t become fully guaranteed until the new year, and the second season is fully non-guaranteed, with no trigger dates.

The Clippers will now have the opportunity to evaluate Wallace and the rest of their roster in training camp, and will only be out $300K if they decide that the second-year guard isn’t part of their plans after all. That wouldn’t be a terrible outcome for Wallace either, as he’d have the opportunity to reach unrestricted free agency after having collected $300K for a few weeks of work.

With 17 players now vying for 15 spots in L.A., Jawun Evans‘ roster spot becomes even more precarious. The 6’0″ Evans has a guaranteed contract, but it’s only worth the minimum and doesn’t feature any guaranteed money beyond 2018/19. The Clippers also have numerous point guard options, including Patrick Beverley, Avery Bradley, Milos Teodosic, and Shai Gilgeous-Alexander.

Photo courtesy of USA Today Sports Images.