Transactions Rumors | Hoops Rumors

Pistons Sign Second-Rounder Bruce Brown

July 7th, 2018 at 8:40am CST by Luke Adams

The Pistons have signed second-round pick Bruce Brown to his first NBA contract, per RealGM’s official transactions log. While full details of the deal aren’t yet known, it’ll be a multiyear pact.

Detroit is over the cap, but the team could give Brown a contract longer than two years by using a portion of its mid-level exception to complete the signing. Glenn Robinson‘s agreement with the Pistons will eat up part of that MLE, but there’s more than enough remaining to sign Brown with it too.

Brown, a 6’5″ shooting guard, declared for the 2018 draft after a somewhat disappointing season for Miami. Despite a slight uptick in minutes, he saw his PPG (11.4), FG% (.415), 3PT% (.267), and FT% (.629) decline in his sophomore year, though he did increase his RPG (7.1) and APG (4.0). Brown’s season came to an early end due to a left foot injury — he played his last game on January 27.

The Pistons remained bullish enough on Brown – who is a strong perimeter defender – to make him the 42nd overall pick last month. While there’s no rookie scale for second-rounders, most of the players picked in the 40-45 range in 2017 still received two guaranteed years, so Brown could be in line for a similar deal.

DeAndre Jordan Signs One-Year Deal With Mavs

July 7th, 2018 at 7:38am CST by Austin Kent

JULY 7, 7:38am: Jordan’s new salary will be $22.9MM, but he won’t actually be taking a pay cut due to the lack of state income taxes in Texas, tweets Tim MacMahon of ESPN.com. MacMahon also relays comments from Mark Cuban on the signing, with the Mavs owner explaining that Jordan gives the team the best chance to “win now.”

JULY 6, 5:50pm: The signing is official, according to Eddie Sefko of the Dallas Morning News.

JUNE 30, 11:26pm: According to Jordan Schultz of Yahoo Sports, Jordan’s one-year deal is worth slightly less than the $24.1MM option he turned down in Los Angeles.

11:06pm: The Mavericks have agreed on a one-year deal with DeAndre Jordan, Marc Stein of The New York Times tweets. The verbal agreement is said to approach the $24.1MM mark, the amount Jordan surrendered on Friday when he turned down his player option with the Clippers.

The acquisition of Jordan is a long time coming for the Mavs – like, since Emojigate long – but the idea of the pairing picked up steam when the Texas-born big man shut the door on a return to Los Angeles by turning down his 2018/19 option.

The Mavs ensured that they would have plenty of cap space available with which to convince Jordan to join them when they turned down the 2018/19 team option on Dirk Nowitzki‘s contract.

It’s unclear exactly what the final figure for the one-year deal with Jordan will be, but Dallas had approximately $28MM to offer him. With the former Clipper apparently on track to join the Mavs, the club is probably out of the market for several other noteworthy big men that have been linked to Dallas in recent weeks — that list includes Julius Randle and DeMarcus Cousins, among others.

Jordan, fresh off of his fifth consecutive season averaging a double-double, will slot into Dallas’ suddenly impressive lineup and should give franchise pillar Nowitzki a significantly greater chance of playing competitive basketball in the twilight of his career.

Jordan was the 10th-ranked player on our list of the top 50 free agents of 2018.

Photo courtesy of USA Today Sports Images.

Warriors Sign DeMarcus Cousins

July 6th, 2018 at 10:10pm CST by Dana Gauruder

JULY 6th, 11:10pm: The signing is official, according to a team press release.

JULY 2nd, 7:36pm: The rich are about to get richer, as free agent center DeMarcus Cousins has agreed to a contract with the Warriors, Shams Charania of Yahoo Sports tweets. It’ll be a one-year, $5.3MM deal, with the Dubs using the taxpayer mid-level exception to add Cousins, tweets ESPN’s Adrian Wojnarowski.

It’s a shocking move for both Cousins and the defending champions, who initially didn’t appear to be locks to use their mid-level exception at all. However, when Kevin Durant agreed to a contract with a starting salary of $30MM rather than his max of $35.65MM, it opened the door for the Warriors to take advantage of the savings by using their MLE, which is worth $5.337MM.

Signing Cousins will cost the Warriors exponentially more than $5.337MM due to their projected luxury tax penalties, but the investment figures to be worth it for one of the NBA’s very best centers. Golden State will now have the opportunity to play an incredible five-man unit consisting of Cousins, Durant, Stephen Curry, Klay Thompson, and Draymond Green.

The club also retains key contributors like Andre Iguodala, Shaun Livingston, Jordan Bell, and Quinn Cook, with youngsters Damian Jones and Jacob Evans expected to contribute as well.

While others Cousins suitors like the Pelicans and Lakers will undoubtedly be upset about seeing him sign with the Warriors for a salary they could have topped, it didn’t appear that New Orleans, L.A. or any other team was willing to make a huge offer for the big man, with cap space drying up around the league.

Of course, it’s also extremely unlikely that Cousins would have accepted a $5.3MM offer from any other team. No other club gives him as clear a path to his first NBA title, and as one source close to him explains to Marc J. Spears of The Undefeated (Twitter link): “He’s about winning.”

Signing a one-year pact will also allow Cousins to rebuild his value after suffering a torn Achilles during the 2017/18 season. According to Wojnarowski (Twitter link), the Warriors have no intention of rushing their newly-added star back to the court, so a December or January return appears likely. If Cousins returns to form during the second half of the 2018/19 campaign, he’ll be able to reach the free agent market again a year from now and potentially land a more lucrative longer-term deal.

Before going down with that Achilles injury, Cousins was posting the best numbers of his career, filling up the stat sheet with 25.2 PPG, 12.9 RPG, 5.4 APG, 1.6 SPG, and 1.6 BPG. He also made 2.2 three-pointers per game at a 35.4% rate. Achilles tears aren’t easy to come back from, so there’s no guarantee that he’ll ever be the same player he was before the injury, but even if he’s operating at 60-70% capacity in 2018/19, he’ll make the already-stacked Warriors even more dangerous.

The move comes approximately 24 hours after LeBron James‘ agency announced that he’d be heading to the Lakers. While LeBron, Magic Johnson, and the new-look Lakers dominated much of the coverage during the first two days of NBA free agency, the Warriors’ latest splash signals that they have no intention of giving up control of the Pacific Division – or the Western Conference, or the NBA – anytime soon.

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

Thunder Sign Center Nerlens Noel

July 6th, 2018 at 10:00pm CST by Luke Adams

JULY 6th, 10:00pm: The signing is official, according to a team press release.

JULY 2nd, 1:55pm: Free agent center Nerlens Noel has reached an agreement to sign with the Thunder, league sources tell Shams Charania of Yahoo Sports. According to Charania, Noel will sign a two-year contract that includes a second-year player option. It’s a minimum deal, per Brett Dawson of The Oklahoman (Twitter link).

Noel, 24, began his NBA career with the Sixers as the sixth overall pick in the 2013 draft. After missing his rookie year with a knee injury, the big man played well in his next two seasons, averaging 10.5 PPG, 8.1 RPG, 1.8 SPG, and 1.7 BPG in 142 games.

However, with Joel Embiid, Jahlil Okafor, and Richaun Holmes in the mix at center for the 76ers in 2016/17 and Noel once again battling knee issues, he struggled to carve out a regular role and was eventually sent to Dallas at the trade deadline.

As a restricted free agent during the 2017 offseason, Noel reportedly passed on a four-year, $70MM offer from the Mavericks and ultimately signed his one-year qualifying offer, putting him on track for unrestricted free agency this summer. Once again limited by injuries, Noel appeared in just 30 games during his contract year in 2017/18, averaging 4.4 PPG and 5.6 RPG in 15.7 minutes per contest.

Noel will get an opportunity to rebuild his value in Oklahoma City, where he’ll presumably slot in as the team’s backup center behind Steven Adams. According to Charania, the Thunder “aggressively” pursued Noel in free agency, with head coach Billy Donovan meeting him on July 1. Russell Westbrook and Paul George pitched the young center on joining the club, Charania adds.

The Thunder’s agreement with Noel is the latest move in an eventful offseason for the franchise, which has already struck lucrative new deals with George and Jerami Grant.

The Thunder currently project to be way over the tax line, with team salary set to $160MM+, so cost-cutting moves are expected at some point along the way. Carmelo Anthony – who has an expiring contract worth $27.93MM – represents the most obvious candidate to be stretched, since the cap and tax savings created by reducing his cap hit to $9.31MM would be massive.

Photo courtesy of USA Today Sports Images.

Cavs Sign Billy Preston To Two-Way Contract

July 6th, 2018 at 9:40pm CST by Dana Gauruder

The Cavaliers have signed power forward Billy Preston to a two-way contract, Dave McMenamin of ESPN tweets.

The 6’10” Preston did not play college basketball last season. The McDonald’s All-American committed to Kansas but was the subject of an NCAA investigation into his eligibility. He wound up signing with a Bosnian team but only played three games there due to a shoulder injury.

Preston went undrafted before agreeing to join the Cavs’ summer-league team. He’ll fill one of Cleveland’s two-way slots, with John Holland currently penciled in for the other.

Zach LaVine Signs Kings’ Offer Sheet; Bulls To Match

July 6th, 2018 at 9:10pm CST by Dana Gauruder

9:10pm: The Bulls plan to match the offer sheet, ESPN’s Adrian Wojnarowski tweets. The cap hit for the Bulls will be $19.5MM annually, Bobby Marks of ESPN tweets.

7:04pm: Bulls shooting guard Zach LaVine has agreed a four-year, $80MM offer sheet from the Kings, Shams Charania of Yahoo Sports tweets. Chicago has 48 hours to match the offer for the restricted free agent.

The offer includes a full guarantee with no options, Michael Scotto of The Athletic tweets.

The Bulls made LaVine an offer, but not nearly for the amount Sacramento placed on the table, according to ESPN’s Marc Spears.

“I’m disappointed that I had to get an offer sheet from another team. But Sacramento stepped up and made a strong impression,” LaVine told Spears. “It appears that Sacramento wants me more than Chicago.”

Spears reports the offer as $78MM. In any case, Chicago will have to pony up to retain the talented wing.

LaVine averaged 16.7 PPG in 24 games last season after returning from a torn left ACL. He was traded last offseason by the Timberwolves in the Jimmy Butler blockbuster.

The Kings are the first rival suitor to make a concrete offer to a restricted free agent this summer.

Photo courtesy of USA Today Sports Images.

Paul George Re-Signs With Thunder

July 6th, 2018 at 6:46pm CST by Austin Kent

JULY 6th, 6:46pm: The signing is official, per team press release.

JUNE 30th, 11:19pm: According to ESPN’s Adrian Wojnarowski, the contract will be a four-year pact worth $137MM. The deal will include a player option.

10:45: Free agent guard Paul George has committed to re-signing with the Thunder, Adrian Wojnarowski of ESPN tweets. The news comes at the end of a year-long recruitment effort after the franchise acquired the former Pacers star in a stunning 2017 trade.

General manager Sam Presti and the Thunder wagered that the club would be able to convince George to stay in town despite the very public revelation that he had eyes for the Lakers.

While the Thunder didn’t make the playoff run they may have hoped this season, there’s no denying that the presence of George gives the team a higher long-term ceiling.

In 79 games with Oklahoma City, George averaged 21.9 points, 5.7 rebounds and 3.3 assists per game.

While he ultimately signed for less, George was eligible for a five-year, $177MM deal as a player with 7-9 years of experience signing with the same team. The 2018/19 cap hit for such a deal will be $30.6MM, per the recently revealed salary cap figures. Prior to the announcement of the deal, reports indicated that the star forward might prefer a shorter-term deal, possibly a two-year pact with a second-year option.

Now that George has signed on for the max, it will push the Thunder deep into luxury-tax territory. Carmelo Anthony, who has a $28MM salary for 2018/19, could be a candidate to be waived and stretched if Oklahoma City needs to cut costs.

Photo courtesy of USA Today Sports Images.

Lakers Sign Rookie Forward Isaac Bonga

July 6th, 2018 at 6:33pm CST by Dana Gauruder

The Lakers have signed second-round pick Isaac Bonga, according to a team press release. Bonga received a three-year contract, Michael Scotto of The Athletic tweets.

The Lakers acquired the No. 39 overall selection in a trade with the Sixers and used that pick on Bonga. When the selection was made, there was some speculation Bonga was a draft-and-stash prospect. The signing confirms that Bonga will at least be competing for a roster spot.

Bonga, 18, joins the Lakers from Fraport Skyliners in Germany. The 6’9” forward has played for the German National Team in qualifying rounds of the 2019 FIBA World Cup. He is expected to join the Lakers’ summer league team in Las Vegas.

Sixers Re-Sign J.J. Redick

July 6th, 2018 at 5:18pm CST by Luke Adams

JULY 6th, 5:18pm: The signing is official, according to a team press release.

JULY 2ND, 11:12 am: Free agent sharpshooter J.J. Redick has agreed to return to the Sixers, reports Adrian Wojnarowski of ESPN (Twitter link). According to Wojnarowski, Redick will sign a one-year deal in the $12-13MM range.

It will be the second consecutive one-year contract for Redick. In 2017, he received a $23MM deal from the Sixers, who had more cap room than they knew what to do with. This time around, with cap space at a premium around the NBA, the 12-year veteran will accept a more modest salary, albeit one still well above the mid-level.

[RELATED: 2018 NBA Free Agent Tracker]

In his first season with the Sixers, Redick – who celebrated his 34th birthday last month – provided exactly the sort of reliable outside shooting the team had hoped for, averaging 2.8 three-pointers per game a rate of 42.0%. In 70 games (all starts), he averaged 17.1 PPG, 3.0 APG, and 2.5 RPG.

With the 76ers out of the running for top free agents like LeBron James and Paul George, it made sense to shift their focus to Redick, whose new deal will eat into their available cap space, assuming the Sixers don’t remain an over-the-cap team.

Taking into account Redick’s new contract, the Sixers project to have about $14MM in cap room, according to ESPN’s Bobby Marks (Twitter link). Marks also notes that the shooting guard will have the ability to veto any trades involving him during the 2018/19 league year.

The Sixers could further increase their cap flexibility by trading or stretching Jerryd Bayless, who is on an expiring deal worth just over $8.5MM. We heard on Sunday that the 76ers and Bayless were considering a buyout agreement.

Even after re-signing Redick, the Sixers figure to explore the free agent market in an effort to add more shooting. The team has already lost three-point marksmen Ersan Ilyasova and Marco Belinelli since free agency opened on Saturday night.

Photo courtesy of USA Today Sports Images.

Dwight Howard Finalizes Buyout, Headed To Wizards

July 6th, 2018 at 4:41pm CST by Dana Gauruder

The Nets have finalized their buyout of Dwight Howard‘s contract, paving the way for the veteran center to join the Wizards, Adrian Wojnarowski of ESPN tweets. Howard will sign a two-year, $11MM contract that will include a player option for the second year, Wojnarowski adds.

Howard had one year and $23,819,725 remaining on his contract when he was dealt by the Hornets to the Nets, who had no intention of keeping him. The trade was agreed to last month but wasn’t officially announced until Friday.

By adding Howard, the Wizards now have 14 players with guaranteed contracts. Their projected luxury tax bill has increased from $11.5MM to $18.3MM, ESPN’s Bobby Marks tweets.

Howard will be worth any tax penalties if Washington can advance deeper in the postseason. The Wizards were bounced by the top-seeded Raptors in the first round of the Eastern Conference playoffs this past season.

The Wizards will make Howard their starting center after dealing Marcin Gortat to the Clippers for guard Austin Rivers. Howard averaged 16.6 PPG and 12.5 RPG in his lone season with the Hornets.

The buyout gives the Nets a projected $9-$11MM in cap space, Marks adds.