Transactions Rumors | Hoops Rumors

Clippers’ Wesley Johnson Exercises Player Option

May 10th, 2018 at 8:22am CST by Luke Adams

MAY 10, 8:22am: Johnson has officially opted in for next season, according to the Real GM Transactions Page.

MAY 2, 1:24pm: Clippers forward Wesley Johnson intends to play out the final year of his current contract, according to Shams Charania of Yahoo Sports, who reports (via Twitter) that Johnson will pick up his 2018/19 option.

An unrestricted free agent back in 2016, Johnson signed a three-year contract with the Clippers worth just shy of $18MM. The deal included a third-year player option for 2018/19, and by exercising that option Johnson will earn a guaranteed $6,134,520 salary next season.

Johnson’s option decision doesn’t come as a real surprise. Although he was a regular rotation piece for the Clippers, averaging 20.1 minutes per contest in 74 games (40 starts), his production was modest. For the season, the 30-year-old averaged 5.4 PPG and 2.9 RPG with a shooting line of .408/.339/.741.

Johnson is one of a handful of Clippers who have player option decisions to make this summer. While Johnson’s salary won’t have a major impact on the team’s cap situation, the Clips’ offseason outlook could vary significantly depending on whether DeAndre Jordan ($24,119,025), Austin Rivers ($12,650,000), and Milos Teodosic ($6,300,000) also exercise their respective options.

As our tracker shows, Johnson is already the fourth veteran who has exercised – or will exercise – a player option for 2018/19, suggesting we’ll see an uptick in opt-ins this year. Last summer, only five player options were picked up; in 2016, only three were exercised.

Photo courtesy of USA Today Sports Images.

Pacers’ Cory Joseph Picks Up Player Option

May 4th, 2018 at 9:28pm CST by Luke Adams

MAY 4: While there has been no formal announcement from the Pacers, Joseph has officially exercised his 2018/19 option, according to RealGM’s NBA transactions log.

MAY 2: Pacers guard Cory Joseph will exercise his player option to return to Indiana for one more season, reports ESPN’s Adrian Wojnarowski (via Twitter). The 2018/19 option will pay Joseph a salary of $7,945,000 before he becomes eligible for unrestricted free agency in the summer of 2019.

Joseph, 26, was a reliable rotation piece for the Pacers in his first season with the team, appearing in all 82 games and starting 17 when Darren Collison was unavailable. In 27.0 minutes per contest, Joseph averaged 7.9 PPG, 3.2 APG, and 3.2 RPG with a shooting line of .424/.353/.745.

If Joseph had faced this year’s player option decision in either of the last two offseasons, when NBA teams had more cap room available, he likely would’ve opted out. With teams expected to spend less aggressively in free agency this summer, it’s hard to blame the veteran point guard for playing it safe and exercising that option. Joseph is already the third veteran to pick up a 2018/19 option – joining Jeremy Lin and Wesley Matthews – and he certainly won’t be the last.

While Joseph’s opt-in will add more guaranteed money to the Pacers’ cap for next season, the team remains in very good financial shape, with just under $48MM in guaranteed salary on its books. If Thaddeus Young – like Joseph – picks up his player option, that would add another $13MM+ to that total. The Pacers will face decisions of their own on Collison, Bojan Bogdanovic, Lance Stephenson, Al Jefferson, and Joe Young, all of whom have team options or non-guaranteed contracts.

You can follow all of this year’s player option decisions using our tracker.

Photo courtesy of USA Today Sports Images.

Suns To Hire Igor Kokoskov As New Head Coach

May 2nd, 2018 at 6:10pm CST by clarkcrum

The Suns are hiring Utah Jazz assistant Igor Kokoskov as their new head coach, reports Adrian Wojnarowski of ESPN.

Wojnarowski adds that Kokoskov is signing a three-year deal with the Suns, while Tony Jones of The Salt Lake Tribune tweets that Kokoskov will remain with the Jazz through the remainder of their playoff run.

John Gambadoro of Arizona Sports 98.7 reports that the contract will contain no options and that the final decision to hire Kokoskov came when team representatives met with him in Houston yesterday in between Games 1 and 2 of the Jazz’ first round series against the Rockets.

The Suns have confirmed the news, writing that the hire will make Kokoskov the first NBA head coach born and raised outside North America in NBA history.

“We are thrilled to bring Valley resident Igor Kokoskov back to Arizona as head coach of the Phoenix Suns,” said GM Ryan McDonough. “Igor has been a pioneer throughout his basketball career and he brings a wealth of high level coaching experience to our club.

“He was one of the first non-American born assistant coaches at both the NCAA and NBA levels and his most recent head coaching stint includes leading the Slovenian national team to the 2017 EuroBasket title, which was the first European title in the history of the country. Igor’s teams have always had a player development focus, a creative style of play and a track record of success.”

Kokoskov, 46, will become the 19th head coach in Suns’ franchise history in his 19th season as an NBA coach. He was as an assistant coach with the Suns from 2008-2013 during their run of success with Steve Nash, including a trip to 2010 Western Conference Finals.

Kokoskov is also a successful international head coach, leading Slovenia to a first place finish at FIBA EuroBasket 2017 and also coaching the Georgian national team from 2008-2015. One member of the Slovenian national team he coached: potential top-pick Luka Doncic.

Mavs’ Wesley Matthews Picks Up Player Option

April 30th, 2018 at 10:14am CST by Luke Adams

Mavericks wing Wesley Matthews has officially exercised the player option on his contract for the 2018/19 season, reports Shams Charania of Yahoo Sports. The final year on Matthews’ four-year deal with Dallas will pay him a salary of $18,622,514.

The move doesn’t come as a surprise, as we heard just last week that Matthews intended to exercise his option. He would have had little chance of matching or exceeding that $18MM+ salary if he had opted out and tested the free agent market.

Matthews, 31, appeared in 63 games for the Mavs in 2017/18, averaging 12.7 PPG, 3.1 RPG, and 2.7 APG with a .406/.381/.822 shooting line. His season was cut short by a fractured fibula — he sustained the injury on March 10 and didn’t return before season’s end. However, Matthews confirmed earlier this month that he has been medically cleared to resume full basketball activities, so he should be back to 100% for the start of training camp in the fall.

The Mavs reportedly explored the possibility of moving Matthews at February’s trade deadline, but their asking price was high — the club was said to be seeking a first-round pick, which was unrealistic given the veteran’s modest production and his looming $18MM option.

Still, while Matthews may never replicate the numbers he posted in Portland earlier in his career, he has been a solid three-point shooter and defender during his time with Dallas, and could become more appealing as a trade chip now that he’ll be on an expiring contract. It will be interesting to see if the rebuilding Mavs revisit the trade market for Matthews during the offseason.

Matthews is the second player to formally pick up a player option for 2018/19, joining Jeremy Lin, as our tracker shows.

Photo courtesy of USA Today Sports Images.

Pelicans To Pick Up Option on Gentry’s Contract

April 23rd, 2018 at 5:29pm CST by Dana Gauruder

The Pelicans have told coach Alvin Gentry they will pick up their team option on his contract for next season, Adrian Wojnarowski of ESPN tweets. Gentry was given the good news prior to the team’s sweep of the Trail Blazers in the opening round of the playoffs, Wojnarowski adds.

Gentry’s job status was tenuous at best coming into the season. The team’s brass didn’t decide until mid-May last year to bring him back as the head coach. When the Pelicans got off to a slow start, the heat ramped up on Gentry.

Thanks to a banner season from MVP candidate Anthony Davis, the Pelicans turned things around and qualified for the playoffs despite the season-ending injury to DeMarcus Cousins. After finishing 22 and 14 games below .500 during Gentry’s first two seasons as head coach, the Pelicans had a 48-34 record. Then, behind Davis and the guard duo of Jrue Holiday and Rajon Rondo, the Pelicans stunned the third-seeded Blazers to advance to the Western Conference semifinals.

Gentry was the Warriors’ top assistant prior to signing a four-year, $13.7MM contract with the Pelicans in May 2015. He had previous stints as the head coach of the Pistons, Clippers and Suns.

Wizards Sign Ty Lawson

April 12th, 2018 at 9:40am CST by Luke Adams

The Wizards have signed Ty Lawson to the fill the final open spot on their roster, reports Shams Charania of Yahoo Sports. Per the NBA’s transactions log, the move was made official on Wednesday, the final day teams could sign players to their roster.

Lawson, 30, spent the 2017/18 season in China playing for the Shandong Golden Stars. In 46 Chinese League contests, the NBA veteran averaged 25.5 PPG, 6.5 APG, and 2.2 SPG, shooting 40.1% on three-point attempts.

The Wizards were linked to Lawson two months ago when John Wall was sidelined with his knee injury, but the team signed Ramon Sessions to help provide point guard depth. Even with Wall back in the lineup and Sessions still on the roster, Washington has circled back to Lawson, who received his letter of clearance once his playoff run in China on Wednesday, per Charania.

Because he wasn’t waived by an NBA team after March 1, Lawson will be eligible to play in the postseason for the Wizards, though he seems unlikely to see much – if any – action.

The Wizards had been one of two teams with an open spot on the 15-man roster, so they didn’t have to make a corresponding move to create space for the point guard. Charlotte will finish the 2017/18 season as the only club with fewer than 15 players on its standard NBA roster.

Rockets Sign Aaron Jackson, Cut Tim Quarterman

April 11th, 2018 at 8:34pm CST by clarkcrum

8:34pm: The moves are official, per Mark Berman of FOX 26 Houston.

7:18pm: The Rockets plan to sign guard Aaron Jackson for the remainder of the season, reports Shams Charania of Yahoo Sports. Jackson just recently finished his season as a member of the Beijing Ducks of the Chinese Basketball Association.

Jackson, 31, graduated from Duquesne in 2009, leaving as the school’s all-time leader in games played, third all-time in assists, and sixth all-time in steals. He was a member of CSKA Moscow in Russia from 2012 to 2017, winning a EuroLeague title in 2016.

Because Houston already has a full 15-man roster, the team plans to release recently signed guard Tim Quarterman in order to make room for Jackson, Charania adds.

Quarterman was signed on March 30 to a two-year deal, but next season’s contract was reportedly non-guaranteed. Quarterman should earn a little over $96K for his brief stint in Houston.

Wolves Convert Amile Jefferson To Standard Contract

April 11th, 2018 at 2:19pm CST by Luke Adams

The Timberwolves have converted Amile Jefferson‘s two-way contract to a standard NBA deal, the team announced today in a press release. The move ensures that the rookie forward will be eligible to play in the postseason, assuming Minnesota earns a spot.

Jefferson, who turns 25 next month, went undrafted out of Duke in 2017 and joined the Timberwolves for training camp. After being waived by the team prior to the start of the regular season, Jefferson headed to the Iowa Wolves for the 2017/18 season. He remained there all year, never appearing in a game for the NBA squad even after signing a two-way contract in January.

In 47 G League games, Jefferson averaged 17.8 PPG and 12.8 RPG for Iowa, making shots at a 62.4% rate. He set a new NBAGL record by racking up 36 double-doubles.

Minnesota still had an open spot on its 15-man squad, so no corresponding roster move was required to make room for Jefferson. With the Cavs, Lakers, Clippers, and Raptors having also made moves to fill their roster openings in recent days, the Hornets and Wizards are the only two teams that still have open spots. It’s not clear if Washington intends to sign a 15th man by the end of the day — Charlotte’s season ended on Tuesday, so the Hornets will head into the offseason without a full roster.

Raptors Convert Lorenzo Brown To Standard NBA Contract

April 11th, 2018 at 9:55am CST by ChrisCrouse

APRIL 11: The Raptors have formally converted Brown’s two-way contract to a standard NBA deal, the team announced today (via Twitter). Toronto now has a full 15-man roster heading into the postseason — two-way player Malcolm Miller is the only Raptor who won’t be eligible for the playoffs.

APRIL 10: The Raptors will sign Lorenzo Brown for the remainder of the season, according to Blake Murphy of Raptors Republic. Brown is currently on a two-way deal with Toronto.

The point guard won the G League’s Most Valuable Player Award this season, appearing in 32 games for the Raptors 905. He averaged 18.8 points, 8.8 assists, and 5.2 rebounds per game while playing for Toronto’s NBAGL affiliate.

By having his contract converted, Brown will be eligible to play for the Raptors in this year’s NBA postseason. Players on two-way deals are not eligible for postseason play, as Luke Adams of Hoops Rumors recently detailed.

Toronto had an open spot on its 15-man roster, so no corresponding move will be required to make room for Brown.

Cavs Sign Kendrick Perkins For Playoff Roster

April 11th, 2018 at 9:11am CST by Dana Gauruder

APRIL 11: The Cavaliers have officially signed Perkins, the team announced today in a press release. As cap expert Albert Nahmad tweets, Perkins will earn $13K+ for his one day of NBA service during the regular season, but the move will cost the team over $43K due to tax penalties.

APRIL 9: The Cavaliers will be signing veteran center Kendrick Perkins to the final spot on their playoff roster, ESPN’s Adrian Wojnarowski tweets. Perkins was released by the club during the preseason, then played 27 games for their G League affiliate, the Canton Charge.

Perkins, 33, averaged 8.7 PPG, 7.1 RPG in 21.3 MPG in G League play. He appeared to be on the verge of an agreement with Cleveland in February, so the imminent signing is not a major surprise.

It’s likely that Perkins will see little, if any, action in the playoffs. But he does give coach Tyronn Lue another big body as insurance. Perkins has not appeared in an NBA game since the 2015/16 season.

He spent his first 7 1/2 seasons with the Celtics before getting traded to the Thunder. He played four-plus seasons with Oklahoma City, then saw action in 17 games with Cleveland in 2014/15 season.

In his most recent NBA season, he played 37 games for the Pelicans.