Transactions Rumors | Hoops Rumors

Grizzlies Sign GG Jackson To Four-Year Deal

February 9th, 2024 at 9:02am CST by Luke Adams

FEBRUARY 9: The Grizzlies officially announced their new deal with Jackson, confirming in a press release that Metu has been waived to make room on the 15-man roster for Jackson’s promotion (Twitter link).

FEBRUARY 8: The Grizzlies and rookie GG Jackson have agreed to a four-year deal that will include three guaranteed seasons, reports Adrian Wojnarowski of ESPN (Twitter link). The agreement will promote Jackson, who had been on a two-way contract, to Memphis’ standard 15-man roster.

The 45th overall pick in the 2023 draft, Jackson is the youngest player in the NBA this season and wasn’t part of the Grizzlies’ rotation to open the 2023/24 campaign. However, with the team plagued by injuries and no longer in serious contention for a playoff spot, Jackson has been given an opportunity in recent weeks and has run with it.

The former South Carolina standout had averaged 12.2 points, 4.1 rebounds, and 1.1 assists in 23.4 minutes per game with a shooting line of .445/.385/.692 in his previous 13 games entering play on Thursday. He had the best game of his young career against the Bulls on Thursday night, racking up 27 points on 9-of-18 shooting and grabbing nine rebounds in 32 minutes off the bench.

After making a pair of trades at the deadline with Boston and Phoenix, the Grizzlies have a full 15-man roster, but they reportedly intend to waive newly acquired big man Chimezie Metu, which would open a spot for Jackson to slide into. Once his promotion is official, Memphis will have an open two-way contract slot.

The Grizzlies figure to use a portion of their mid-level exception to sign Jackson to his new deal.

Kings Waive Robin Lopez

February 8th, 2024 at 11:47pm CST by Luke Adams

The Kings have officially waived newly acquired center Robin Lopez, as expected, per an announcement from the team.

Sacramento acquired Lopez from Milwaukee in a salary dump deal on Thursday, with the Bucks sending enough cash to the Kings in the trade to make it worth their while. With JaVale McGee and Alex Len already on the roster as backups for starting center Domantas Sabonis, the Kings weren’t interested in hanging onto another veteran big man, preferring to open up that 15th roster spot.

Lopez appeared in 16 games for the Bucks this season, recording just 18 points, five rebounds, and four assists on 7-of-19 shooting in 65 total minutes of action.

Sacramento will eat Lopez’s minimum-salary ($2,019,706) cap hit and he’ll be free to sign with any team except for Milwaukee once he clears waivers.

Grizzlies To Waive Chimezie Metu

February 8th, 2024 at 10:50pm CST by Tristan Tucker

The Grizzlies are waiving forward/center Chimezie Metu, whom they acquired from the Suns in the deadline move that also brought Yuta Watanabe back to Memphis, according to HoopsHype’s Michael Scotto (Twitter link).

Metu, 26, averaged 5.0 points and 3.0 rebounds in 37 games (five starts) with the Suns this season. He signed with Phoenix on a one-year, minimum-salary deal after spending the previous three seasons with the Kings. In three seasons in Sacramento, Metu averaged 6.7 points and 4.0 rebounds in 162 games (26 starts).

Memphis will remain on the hook for Metu’s expiring minimum contract unless he’s claimed on waivers. He would be eligible to sign with any team other than the Suns.

Waiving Metu gives the Grizzlies room on the 15-man roster to add a player. GG Jackson II has been impressive all season, and on Thursday he became the youngest player since Kobe Bryant to score 25 or more points off the bench.

If they did convert the 19-year-old Jackson — who is averaging 8.9 points — from his current deal, it would open a two-way slot. Trey Jemison, who has drawn a couple starts, along with Matthew Hurt and Tosan Evbuomwan could be candidates there. All three players recently signed hardship 10-day contracts.

Bucks Send Robin Lopez, Cash To Kings

February 8th, 2024 at 10:13pm CST by Dana Gauruder

10:13pm: The trade is official, per a press release from the Bucks. Milwaukee acquired the draft rights to Dimitrios Agravanis, the 59th overall pick in 2015, from Sacramento in the deal.

1:59pm: The Bucks are dealing little-used big man Robin Lopez to the Kings along with cash considerations, ESPN’s Adrian Wojnarowski reports (Twitter links). He’s expected to be waived by Sacramento and become a free agent.

The cost-cutting move by Milwaukee will open up a roster spot and save it $8.6MM in luxury tax penalties. This trade deadline is the last time teams in the second tax apron are allowed to send out cash in trades, ESPN’s Bobby Marks notes (Twitter links).

Lopez was on a veteran’s minimum salary deal, so Sacramento didn’t have to match a salary or use a traded player exception to pull off the deal. The Kings had an open roster spot to make the trade.

Lopez, 35, has appeared in 16 this season, including two starts, but averaged just 4.1 minutes in those appearances.

Hornets Cut Ish Smith, Frank Ntilikina

February 8th, 2024 at 10:09pm CST by Luke Adams

The Hornets have officially waived veteran guards Ish Smith and Frank Ntilikina, the team announced today in a press release. Charlotte has now cut three backcourt players since the trade deadline, having also parted ways with James Bouknight.

The Hornets needed to make a series of cuts in order to accommodate their deadline deals. Dropping Smith and Ntilikina allowed the team to take on three players while sending Gordon Hayward to Oklahoma City.

A journeyman who has played for 13 teams across 14 NBA seasons, Smith was the Hornets’ primary backup point guard this season, averaging 3.2 points, 3.4 assists, and 1.8 rebounds in 17.2 minutes per game across 43 appearances (five stats). The 35-year-old shot 41.8% from the field.

Ntilikina was initially expected to be LaMelo Ball‘s backup this season, but leg and hip issues have sidelined him for nearly the entire 2023/24 campaign. He played only 43 minutes across five games for Charlotte prior to his release.

Tre Mann and Vasilije Micic, acquired from the Thunder in the Hayward trade, figure to get a shot to earn regular playing time at the point.

Smith and Ntilikina will both become free agents and will be able to sign with any team this weekend once they clear waivers. The Hornets will remain on the hook for their matching $2,019,706 (minimum-salary) cap hits.

Thunder Acquire Gordon Hayward From Hornets

February 8th, 2024 at 9:57pm CST by Arthur Hill

9:57pm: The trade is official, according to a press release from the Hornets. Charlotte received Bertans, Mann, Micic, and second-round picks in 2024 and 2025 in exchange for Hayward.

The Thunder announced in their own press release confirming the deal that the 2024 second-rounder is Houston’s and the 2025 second-rounder is Philadelphia’s. Oklahoma City also said it sent cash to Charlotte in the swap.

The Hornets waived guards Ish Smith and Frank Ntilikina to make room on their roster for the incoming players.

1:04pm: The Hornets will receive a pair of second-round picks from the Thunder in the deal, reports ESPN’s Zach Lowe (Twitter link).

11:17am: Oklahoma City will include Vasilije Micic in the deal for salary-matching purposes, Charania tweets. The 30-year-old point guard makes $7.7MM this season and next year, with an $8.1 team option for 2025/26. Charlotte will also receive draft compensation, Charania adds.

The trade will leave the Thunder $6.9MM below the tax threshold with two open roster spots, Gozlan notes (Twitter link).

9:54am: The Thunder are nearing a deal for Hornets forward Gordon Hayward, according to Shams Charania of The Athletic (Twitter link).

Tre Mann and Davis Bertans will be sent to Charlotte in return, sources tell Adrian Wojnarowski of ESPN (Twitter link).

Hayward’s contract includes a 15% trade bonus that will adjust his salary from $31.5MM to about $33.3MM tweets Yossi Gozlan of HoopsHype. That would move Oklahoma City into luxury tax territory unless Hayward opts to waive part of the bonus, but there’s been no indication yet that he will agree to that. Gozlan notes that Hayward is eligible for an extension of up to two seasons through the end of June.

The Thunder will have to take back more money for the deal to be finalized, points out Bobby Marks of ESPN (Twitter link). Bertans is making $17MM this season and Mann is at $3.2MM, which isn’t enough to match Hayward’s salary.

The 33-year-old Hayward brings a veteran presence to a young OKC team that has exceeded expectations this year. Injuries have limited him to 25 games, but he has been productive when he’s been able to play, averaging 14.5 points, 4.7 rebounds and 4.6 assists while shooting 46.8% from the field and 36.1% from three-point range.

Bertans, a 31-year-old power forward, is headed for his fourth team in the last three years. The veteran sharpshooter has been out of the Thunder’s rotation all season, with minimal playing time in 15 games. He holds a $5.25MM guarantee on his $16MM salary for 2024/25.

Mann, a third-year point guard, has seen limited action in 13 games this season. He was selected with the 18th pick in the 2021 draft and is under contract for one more season at $4.9MM.

Celtics Trade Dalano Banton, Cash To Trail Blazers

February 8th, 2024 at 9:39pm CST by Rory Maher

9:39pm: The Trail Blazers have officially acquired Banton and cash considerations from the Celtics for that heavily protected 2027 second-rounder, the teams confirmed in a pair of press releases.

2:26pm: The Celtics have agreed to trade guard Dalano Banton to the Trail Blazers, reports Adrian Wojnarowski of ESPN (Twitter link).

According to Jake Fischer of Yahoo Sports (Twitter link), Boston will receive a top-55 protected 2027 second-round pick in the swap, so it’s essentially just a salary dump from the Celtics’ perspective.

Banton spent his first two NBA seasons with Toronto before signing with the Celtics last summer. Portland will hold a $2.2MM team option for the 24-year-old in 2024/25.

At 6’9″, Banton has terrific length for a guard, but he has struggled mightily with offensive efficiency, posting a career shooting line of .410/.254/.670, including just .373/.125/.800 in 24 games with Boston this season (7.1 minutes per night).

It’s unclear if Banton will be in the Blazers’ future plans, but they’ll be able to evaluate him for at least the rest of the season if they so choose.

Sixers Trade Jaden Springer To Celtics

February 8th, 2024 at 9:38pm CST by Rory Maher

9:38pm: The deal is official, according to announcements from the Sixers and Celtics.

2:00pm: The Sixers and Celtics have agreed to a trade that will send third-year guard Jaden Springer to Boston in exchange for a second-round pick, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

The 2024 second-rounder the 76ers are receiving will either be Chicago’s or New Orleans’, whichever is more favorable, per Keith Pompey of The Philadelphia Inquirer (Twitter link).

Boston will acquire Springer using its $6.2MM traded player exception, tweets ESPN’s Bobby Marks. Moving Springer means Joel Embiid will be the only player on Philadelphia’s roster with a guaranteed contract for 2024/25, Marks adds.

The 28th pick of the 2021 draft, Springer only appeared in 18 regular season games for 95 total minutes over his first two NBA seasons. Still just 21 years old, the former Tennessee Volunteer has played 32 games this season, averaging 4.0 points in 11.8 minutes per contest.

At 6’4″ and 204 pounds, Springer has a sturdy build for a guard, and he put up strong defensive stats in the NBA G League from 2021-23. He hasn’t provided much on offense at the NBA level, however, with a career shooting line of .416/.238/.810.

Springer makes $2.2MM this season and will earn a guaranteed $4MM next season after the Sixers picked up their option on the final year of his rookie scale contract. While it’s hard to envision him playing much for Boston this season, he didn’t cost much to acquire, and the team clearly likes him as a prospect. His contract could be also useful for salary-matching purposes in 2024/25.

Clippers Acquire Draft Rights To Ismael Kamagate For Cash

February 8th, 2024 at 9:16pm CST by Arthur Hill

9:16pm: The trade is official, per an announcement from the Clippers.

2:30pm: The Clippers completed a minor deal before the trade deadline, sending cash to the Nuggets in exchange for the draft rights to Ismael Kamagate, tweets Law Murray of The Athletic.

Denver will receive $2.68MM in the deal, according to Bennett Durando of The Denver Post (Twitter link).

Because L.A. is over the second apron, the team won’t be able to send out cash in trades beginning this offseason, so it has made an effort to acquire the rights to some draft-and-stash players for future trade purposes.

The 6’11” Kamagate, a 23-year-old French center, was the 46th pick in the 2022 draft. Originally selected by Detroit, his draft rights were moved to Portland and then to Denver. He is currently playing for Bertram Derthona Tortona in Italy’s LBA league, on loan from Olimpia Milano.

Timberwolves, Pistons Complete Monte Morris Trade

February 8th, 2024 at 9:05pm CST by Luke Adams

FEBRUARY 8: The Pistons have officially traded Morris to Minnesota in exchange for Milton, Brown, and the Timberwolves’ 2030 second-round pick, according to announcements from both teams.

Danilo Gallinari was waived by Detroit to complete the transaction.

FEBRUARY 7: The Timberwolves and Pistons are finalizing a trade that will send point guard Monte Morris to Minnesota, reports Shams Charania of The Athletic (Twitter link).

According to Charania (Twitter link), Detroit will receive Shake Milton, Troy Brown, and a second-round pick in the swap. The pick will be Minnesota’s own 2030 second-rounder, per Chris Hine of The Star Tribune (Twitter link).

Morris was traded from Washington to Detroit during the 2023 offseason in exchange for a future second-round selection, but battled back and quad injuries that delayed his Pistons debut until late January. He has appeared in just six games so far this season and has made a limited impact, averaging 4.5 points, 2.0 rebounds, and 1.3 assists in 11.3 minutes per contest, with a shooting line of .364/.182/.500.

However, Morris has a solid track record, having averaged 10.5 PPG, 4.0 APG, and 2.5 RPG on .480/.392/.829 shooting in 339 games across five seasons for the Nuggets and Wizards from 2018-23. He was a key contributor for many years in Denver under current Timberwolves president of basketball operations Tim Connelly.

The Wolves had been in the market for a ball-handler who could back up starter Mike Conley. Jordan McLaughlin, Nickeil Alexander-Walker, and Kyle Anderson have all gotten some reps in that role, but Morris is a more reliable option as a backup point guard, assuming he stays healthy and rounds into his usual form.

Morris is on an expiring $9.8MM contract and will become an unrestricted free agent this summer if he doesn’t sign an extension before then. As cap expert Yossi Gozlan observes (via Twitter), the 28-year-old will remain eligible until June 30 to sign an extension of up to two years, but Minnesota already projects to be well into tax territory next season, so it’s possible he’ll end up being a rental.

The Wolves will remain about $1.6MM below the luxury tax line after the trade and will have a pair of open spots on their 15-man roster, Gozlan adds (via Twitter). They’ll also be able to create a $4MM trade exception in the deal.

By acquiring a second-round pick for Morris, the Pistons will recoup the price they initially paid for him and won’t impact their projected summer cap room. Milton is earning $5MM this season while Brown is making $4MM, and both players have identical non-guaranteed cap hits for next season.

Assuming the Pistons hang onto both Milton and Brown for the rest of the season, they’ll have to decide by the end of June whether they want to guarantee either player’s 2024/25 salary.

Detroit will have to trade or waive a player to complete the deal, since the club currently has a full 15-man roster.