Transactions Rumors | Hoops Rumors

Pistons Sign Jose Calderon

July 2nd, 2018 at 2:51pm CST by Luke Adams

JULY 7: The signing is official, the Pistons announced on Twitter.

JULY 2: The Pistons have reached an agreement with veteran point guard Jose Calderon, according to ESPN’s Chris Haynes (Twitter link). League sources tell Haynes that’s worth $2.4MM, which means it’s a minimum-salary deal.

The agreement will reunite Calderon with new Pistons head coach Dwane Casey, who coached the 36-year-old several seasons ago in Toronto.

A 13-year NBA veteran, Calderon spent the 2017/18 with the Cavaliers. Although he played a modest role with the club, he was solid when called upon, averaging 4.5 PPG and 2.1 APG with a .503/.464/.800 shooting line.

While it’s a low-cost investment for the Pistons, it’s a somewhat curious one. The team was already well-stocked at the point guard spot, with Reggie Jackson and Ish Smith atop the depth chart and Langston Galloway occasionally getting ball-handling duties too. However, it’s possible Detroit has another move in mind. The club is exploring possible trades, according to Rod Beard of The Detroit News (Twitter link), who identifies Smith, Galloway, and Jon Leuer as potential chips.

Calderon figures to take Dwight Buycks‘ place on Detroit’s roster. Buycks has a $1.6MM non-guaranteed salary for next season, but waiving him would help give the Pistons a little extra distance below the tax line, as ESPN’s Bobby Marks details (via Twitter).

Wolves Sign Anthony Tolliver

July 2nd, 2018 at 2:25pm CST by Luke Adams

JULY 8: The Tolliver signing is now official, according to the NBA’s transactions log.

JULY 2: The Timberwolves have withdrawn their qualifying offer for Nemanja Bjelica, reports ESPN’s Adrian Wojnarowski (via Twitter). The move will make Bjelica an unrestricted free agent, with Minnesota losing the right of first refusal.

With Bjelica expected to land elsewhere, the Wolves will fill his spot on the roster by signing Anthony Tolliver.

Shams Charania of Yahoo Sports first reported (via Twitter) that Minnesota was nearing an agreement on a one-year deal with Tolliver, while David Aldridge of TNT confirms (via Twitter) that they’ve come to terms.

According to Charania (via Twitter), Tolliver’s new one-year contract with the Timberwolves will be in the $5-6MM range, so it sounds like the team will sign him using its mid-level exception.

If the Wolves want to avoid becoming hard-capped for the 2018/19 league year, they’d have to ensure that Tolliver’s salary doesn’t exceed $5.337MM, the value of the taxpayer mid-level exception. However, Jon Krawczynski of The Athletic (Twitter link) pegs the value at $5.75MM. That would mean dipping into the full MLE and creating a hard cap.

The Timberwolves made Tolliver a priority when the free agent period opened, according to Darren Wolfson of 5 Eyewitness News, who tweets that Tom Thibodeau had two separate phone calls with the veteran forward. Tolliver also drew interest from the Clippers, Mavericks, and Sixers, but liked the idea of returning to Minnesota, where he spent two seasons earlier in his career.

In 2017/18, Tolliver – the No. 43 free agent on our top-50 list – enjoyed perhaps his best NBA season for the Pistons. Appearing in 79 regular season games, he averaged 8.9 PPG and 3.1 RPG with a shooting line of .464/.436/.797. His ability to stretch the floor will benefit the Wolves, particularly with Bjelica no longer in the mix.

Bjelica, 30, averaged 6.8 PPG and 4.1 RPG in 20.5 minutes per contest (67 games) for the Wolves last season. His .415 3PT% should appeal to teams in the market for a stretch four, especially now that he’s an unrestricted free agent.

Photo courtesy of USA Today Sports Images.

Spurs, Drew Eubanks Agree To Camp Deal

July 2nd, 2018 at 1:40pm CST by Luke Adams

The Spurs have reached an agreement with undrafted free agent Drew Eubanks on a training camp deal, reports Michael Scotto of The Athletic (Twitter link). Eubanks will attend camp this fall as a member of San Antonio’s 20-man offseason roster, but won’t be assured a regular-season roster spot.

Eubanks, who entered the 2018 draft following his junior year at Oregon State, averaged 13.2 PPG, 6.8 RPG, and 1.7 BPG in 2017/18. The 6’10” forward/center ranked 80th on Jonathan Givony’s big board at ESPN.com, and didn’t hear his name called on draft night last month.

While the terms of Eubanks’ agreement aren’t known, camp deals often include Exhibit 10 language, which allow for a guaranteed bonus of up to $50K if the player is cut by the NBA team and joins the club’s G League affiliate. Exhibit 10 contracts can also be converted into two-way deals.

Eubanks will also participate in the Summer League with the Spurs.

Warriors Sign First-Rounder Jacob Evans

July 2nd, 2018 at 1:03pm CST by Luke Adams

The Warriors have officially signed first-round pick Jacob Evans to his rookie scale contract, the team announced today in a press release. While most transactions can’t be completed until after the July moratorium ends, first-rounders can sign rookie deals this week.

Evans, the 28th pick in this year’s draft, played his college ball at Cincinnati, where he averaged 13.0 PPG, 4.7 RPG, and 3.1 APG in 2017/18. The 6’6″ wing, who made 37.7% of his three-pointers during his college career, projects as a potential three-and-D option at the NBA level.

The NBA’s rookie scale will result in a first-year salary of $1.6MM+ for Evans, who will get a four-year contract with two guaranteed seasons and two team options. Assuming he plays out the full contract, he’d be eligible for an extension during the 2021 offseason and would be on track for restricted free agency in 2022.

Hornets Sign J.P. Macura To Two-Way Deal

July 2nd, 2018 at 10:21am CST by Luke Adams

JULY 2: The Hornets have officially signed Macura to a two-way contract, the team confirmed today in a press release.

JUNE 23: Former Xavier wing J.P. Macura will sign a two-way contract with the Hornets for the 2018/19 season, reports Jonathan Givony of ESPN.com (Twitter link). Macura, whose deal can’t be finalized until the new NBA league year begins, went undrafted on Thursday night.

As a senior with the Musketeers in 2017/18, Macura averaged 12.9 PPG, 4.5 RPG, and 2.9 APG with a shooting line of .479/.377/.821. Givony, who had Macura ranked 84th on his big board, describes the youngster as a “tough, high-IQ shot maker with a ton of game.”

The Hornets were one of several teams to work out Macura during the pre-draft process, along with the Suns, Grizzlies, and Spurs.

After carrying Marcus Paige and Mangok Mathiang on two-way deals in 2017/18, Charlotte appears poised to give Macura one of those two slots. According to Basketball Insiders’ data, Mathiang’s agreement spans two years, so Macura seems more likely to take Paige’s spot. Teams can only carry two players on two-way contracts at a time during the regular season, along with 15 players on standard NBA deals.

Hornets Sign Miles Bridges To Rookie Contract

July 2nd, 2018 at 9:52am CST by Luke Adams

The Hornets have signed first-round pick Miles Bridges to his four-year rookie scale contract, a league source tells Michael Scotto of The Athletic (Twitter link). The deal will feature two guaranteed years, with team options for years three and four.

Bridges, who was selected with the No. 12 pick, was part of a draft-night trade. The Clippers technically drafted Bridges, sending his draft rights and two second-round picks to Charlotte in exchange for the draft rights to No. 11 pick Shai Gilgeous-Alexander.

Bridges is coming off a sophomore season at Michigan State in which he averaged 17.1 PPG, 7.0 RPG, and 2.7 APG with a shooting line of .457/.364/.853. He could potentially handle either forward position at the NBA level.

Assuming he signs for the full 120% of the rookie scale for the No. 12 pick, Bridges will earn a first-year salary of $3.2MM. He’ll be extension-eligible in 2021 and eligible for restricted free agency in 2022.

Pelicans Sign Elfrid Payton

July 2nd, 2018 at 9:30am CST by Luke Adams

JULY 8, 6:57pm: The Pelicans have officially signed Payton, according to the NBA’s transactions log. With Julius Randle taking up New Orleans’ mid-level exception, the team is expected to use its bi-annual exception on Payton.

JULY 2, 9:30am: Payton’s one-year deal with the Pelicans will pay him $2.7MM, sources tell ESPN’s Zach Lowe (Twitter link). Scott Kushner of The Advocate (Twitter link) first reported that it would be worth more than the minimum, but less than the bi-annual exception ($3.382MM).

JULY 1, 9:57pm: The Pelicans have reached an agreement on a deal with point guard Elfrid Payton, according to ESPN’s Adrian Wojnarowski (Twitter links), who reports that it’ll be a one-year contract. Payton, who didn’t receive a qualifying offer from the Suns, had been an unrestricted free agent.

Payton, 24, spent the first three and a half seasons of his NBA career in Orlando before being sent to Phoenix in a midseason trade earlier this year. In 19 games with the Suns, the former 10th overall pick averaged 11.8 PPG, 6.2 APG, and 5.3 RPG, numbers that were about in line with his career averages.

While Payton has the ability to fill up the stat sheet on a given night, his shooting and defensive shortcomings have limited his impact throughout his four-year NBA career. During his time in Phoenix, he shot just .435/.200/.685, and the team had a 115.7 defensive rating when he played (108.9 when he sat). He fell out of the Suns’ rotation by the end of the season.

Still, the Pelicans will look to unlock Payton’s full potential, adding him to a backcourt that features Jrue Holiday, E’Twaun Moore, and Frank Jackson. New Orleans also has interest in re-signing free agent point guard Rajon Rondo, and remains hopeful of bringing him back into the fold even after reaching a deal with Payton, tweets Marc Stein of The New York Times.

Payton’s deal with the Pelicans represents a homecoming for the 6’4″ guard, who was born in Gretna, Louisiana and played his college ball at Louisiana-Lafayette.

Photo courtesy of USA Today Sports Images.

Grizzlies Sign Jaren Jackson To Rookie Contract

July 1st, 2018 at 11:09pm CST by Luke Adams

The Grizzlies became the latest team to formally lock up their first-round pick to his rookie scale contract on Sunday, announcing in a press release that they’ve signed Jaren Jackson Jr.

Jackson, the fourth overall pick in the 2018 draft, elected to go pro after spending just one season at Michigan State. As a freshman, the 6’11” forward/center averaged 10.9 PPG, 5.8 RPG, and an impressive 3.0 BPG in just 21.8 minutes per contest. He also showed an ability to make outside shots, with a .396 3PT%.

As the No. 4 overall pick, Jackson figures to earn a first-year salary of approximately $5.9MM. That’s the maximum allowable 120% of the rookie scale amount for the fourth overall pick. His deal will feature two guaranteed years, with team options on the third and fourth seasons.

Three of this year’s top-five picks have now officially signed their rookie scale contracts, with Jackson joining Marvin Bagley III (Kings) and Trae Young (Hawks).

Jazz Guarantee Thabo Sefolosha’s Contract For 2018/19

July 1st, 2018 at 10:23pm CST by Austin Kent

The Jazz have elected to not waive veteran forward Thabo Sefolosha, Tony Jones of The Salt Lake Tribune tweets. The club could have cleared Sefolosha’s $5.2MM non-guaranteed salary had they released him prior to July 1, but it will now become guaranteed.

Sefolosha had an up-and-down first season in Utah after signing a two-year deal with the Jazz last summer. The 34-year-old was an effective part of the Jazz rotation in the fist half, averaging 8.2 PPG and 4.2 RPG with a .492/.381/.815 shooting line in 21.2 minutes per contest.

However, an MCL injury in his right knee ended Sefolosha’s season early, limiting him to just 38 games. Additionally, the NBA announced in April that Sefolosha would be suspended five games for violating the league’s anti-drug program. Since he couldn’t serve that ban will while he was injured, the 12-year veteran will miss the first five contests of the 2018/19 season.

Sefolosha was one of three notable Jazz veterans with non-guaranteed salaries for 2018/19. Utah will reportedly have to decide by July 9 whether to retain Jonas Jerebko ($4.2MM) and Ekpe Udoh ($3.36MM). Royce O’Neale and David Stockton also have non-guaranteed minimum salaries for next season.

With Sefolosha officially on the cap for 2018/19, the Jazz now have more than $80MM in guaranteed money on their books. Utah will likely remain an over-the-cap team, with cap holds for Derrick Favors, Dante Exum, and Raul Neto – along with the aforementioned non-guaranteed salaries – pushing them over the $101.87MM threshold.

Knicks Sign Mario Hezonja To One-Year Deal

July 1st, 2018 at 8:09pm CST by Austin Kent

JULY 6: The Knicks have officially signed Hezonja, according to the NBA’s transactions log.

JULY 1: The Knicks have agreed to a one-year, $6.5MM pact with small forward Mario Hezonja, Adrian Wojnarowski of ESPN tweets. The 23-year-old comes off of a career-best season in which he averaged 9.6 points in 22.1 minutes per game for the Magic.

Prior to the 2017/18 season, the Magic elected not to pick up the 2015 fifth-overall pick’s fourth-year option and the Croatian swingman responded with a notable increase in production. In 11 February contests, for example, Hezonja averaged 15.5 points and 5.0 rebounds per game.

As we relayed earlier today, Marc Berman of The New York Post had reported that the Knicks had put an offer on the table for Hezonja worth a portion of the club’s $8.641MM mid-level exception. These reported terms would fall in line with that, leaving enough of the MLE available for New York to ink second-round pick Mitchell Robinson, something the club had been set on doing.

While Hezonja had reportedly been seeking a multiyear deal, the Knicks want to retain as much cap flexibility as possible for the 2019 offseason, and only plan on offering one-year guarantees this summer.

The buy-low addition of Hezonja, a young, recent lottery pick, will add depth to New York’s rotation. Hezonja will compete with Tim Hardaway Jr. and Courtney Lee for minutes on the wing, assuming the latter remains on the roster.

The move will give the Knicks three of the top seven draft picks from 2015. Kristaps Porzingis (No. 4) and Emmanuel Mudiay (No. 7) were also top selections in that draft.

According to a subsequent Wojnarowski tweet, the Blazers, Kings and Grizzlies were also in the mix for Hezonja’s services.

Photo courtesy of USA Today Sports Images.