Transactions Rumors | Hoops Rumors

Daniel Theis Agrees To Buyout With Pacers, Will Join Clippers

November 15th, 2023 at 1:25pm CST by Luke Adams

2:25pm: The Pacers have officially waived Theis, according to a team press release.

11:54am: Theis has agreed to a buyout with the Pacers and intends to sign with the Clippers upon clearing waivers, sources tell Adrian Wojnarowski of ESPN (Twitter link).

11:42am: The Pacers and center Daniel Theis are engaged in “serious” discussions about a potential contract buyout, according to Shams Charania of The Athletic, who reports (via Twitter) that an agreement between the two sides would clear a path for Theis to sign with the Clippers.

After previously reporting the Clippers’ interest in Theis, Charania doesn’t explicitly say that the big man has reached a deal to sign with Los Angeles. However, he suggests that the only obstacles standing in the way of a move to L.A. for the veteran big man are a finalized buyout with Indiana and a physical exam with the Clippers.

Theis, 31, was limited to just seven NBA appearances last season due to a knee injury, but had a strong summer in international competition. He started at center for the German national team that captured gold at the 2023 World Cup, averaging 10.9 points, 5.4 rebounds, and 1.9 assists in 21.8 minutes per game in the club’s eight FIBA contests.

Theis had hoped to carry over that success into the NBA season, but the Pacers have a crowded frontcourt behind starting center Myles Turner. Isaiah Jackson and Jalen Smith have both been ahead of Theis on the depth chart through the first three weeks of the season.

As a result, Theis has been limited to just one cameo appearance and admitted earlier this month that he’s “not happy” about his nonexistent role in Indiana. While the Pacers presumably explored trading the German, his pseudo-expiring $9.11MM contract (he has a $9.52MM team option for 2024/25) wouldn’t have positive or even neutral value, given his lack of NBA playing time in the last two seasons, so a buyout makes more sense.

For their part, the Clippers are in the market for help in the middle because reserve center Mason Plumlee is expected to miss a significant chunk of the season due to an MCL sprain. Since Plumlee went down, Los Angeles has had a tough time finding someone who can give the club reliable minutes at center behind Ivica Zubac.

The Clippers have been carrying just 13 players on standard contracts since making their trade for James Harden two weeks ago, so they’ll have an open spot for Theis even after completing their reported promotion of Joshua Primo from a two-way contract to the standard roster. That move was reported back on November 6, but hasn’t yet been made official — that will likely happen later today, since teams aren’t permitted to carry fewer than 14 players on standard contracts for more than two weeks at a time.

Scott Agness of Fieldhouse Files first reported on Tuesday that there was a “growing belief” Theis would soon land with the Clippers.

Jamaree Bouyea Signs Two-Way Contract With Trail Blazers

November 12th, 2023 at 2:14pm CST by Rory Maher

NOVEMBER 12: Bouyea’s two-way contract and Mays’ promotion to the standard roster are now official, Portland has confirmed in a pair of press releases.

NOVEMBER 11: The Trail Blazers plan to sign free agent guard Jamaree Bouyea to a two-way contract, sources tell Shams Charania of The Athletic and Stadium (Twitter link). Portland is creating a two-way opening for Bouyea by converting Skylar Mays to a standard deal.

A 6’2″ point guard who went undrafted in 2022 out of San Francisco, Bouyea signed an Exhibit 10 deal with Miami last summer and was waived before the 2022/23 season started. Although he spent most of his rookie season in the G League, he did play five NBA games for the Heat and Wizards while on 10-day contracts, averaging 3.0 PPG, 1.2 RPG and 0.8 SPG in 14.2 MPG.

The 24-year-old had a major role for the Sioux Falls Skyforce (Miami’s affiliate) last season, averaging 17.2 PPG, 6.2 APG, 6.0 RPG, 1.8 SPG and 0.9 BPG on .527/.321/.709 shooting across 38 Showcase Cup and regular season contests (35.0 MPG). Bouyea signed a two-way deal with the Heat this summer, but was waived a couple months later, making him an unrestricted free agent.

Portland’s 18-man roster will be full once Mays is promoted and Bouyea is signed.

Blazers Convert Skylar Mays To Standard Contract

November 11th, 2023 at 1:25pm CST by Rory Maher

NOVEMBER 12: Mays’ promotion is official, the Blazers confirmed in a press release.

NOVEMBER 11: Trail Blazers guard Skylar Mays is receiving a promotion from his two-way deal, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that Mays will be converted to a standard contract.

Portland’s backcourt has been hit hard by injuries early on in 2023/24, with Scoot Henderson (ankle), Malcolm Brogdon (hamstring strain) and Anfernee Simons (thumb surgery) all missing time. In their stead, head coach Chauncey Billups turned to Mays on Wednesday at Sacramento and he played well, recording 18 points (on 8-of-15 shooting), 11 assists (against three turnovers) and two steals in 37 minutes of action.

As Sean Highkin of the Rose Garden Report observes (Twitter link), the Blazers have an open standard roster spot, so no corresponding move will be necessary to promote Mays. Converting him will make Mays eligible to appear in every game for Portland — players on two-way deals can only be active for up to 50 games, Highkin notes.

Mays, who played four years of college ball at LSU, was the 50th overall pick in the 2020 draft and spent his first two professional seasons with the Hawks. He was on two-way contracts until being promoted to Atlanta’s standard 15-man roster during the final week of the 2021/22 regular season.

The 26-year-old spent most of last season in the G League, but caught on with Portland at the end of ’22/23. He impressed the club in his six games, averaging 15.3 PPG on excellent .500/.462/.923 shooting splits, while also chipping in 8.3 APG, 3.2 RPG and 1.0 SPG. The Blazers signed him to a two-way deal on October 1.

Portland will reportedly use its newly created two-way opening to sign Jamaree Bouyea, as we detailed in a separate story.

Pistons Sign Kevin Knox

November 8th, 2023 at 2:59pm CST by Luke Adams

2:59pm: The Pistons have officially signed Knox, the team confirmed today in a press release (Twitter link).

11:50am: The Pistons have reached an agreement to bring back free agent forward Kevin Knox on a one-year deal, reports Shams Charania of The Athletic (Twitter link).

The ninth overall pick in the 2018 draft, Knox spent his first three-and-a-half NBA seasons in New York but has bounced around since then, spending time with Atlanta, Detroit, and Portland from 2022-23.

He signed a two-year, $6MM contract with the Pistons during the 2022 offseason and appeared in 42 games last season for the club before being traded to the Trail Blazers in the four-team deadline deal that sent James Wiseman to Detroit.

Knox averaged 6.6 points and 2.8 rebounds in 15.1 minutes per game across 63 total appearances for the Pistons and Blazers in 2022/23, then had his $3MM team option for ’23/24 turned down by Portland in June.

The Blazers re-signed him, but Knox’s contract was non-guaranteed and he didn’t make the regular season roster. He reported to the Rip City Remix – Portland’s G League affiliate – last week for training camp.

Rather than opening the season in the NBAGL, however, Knox is being promoted back to the NBA, where he’ll fill the 15th spot on the Pistons’ roster. As we noted a few days ago when we examined the open roster spots around the NBA, Detroit was one of the few teams with an open 15-man spot and no luxury tax concerns, so we expected that opening to be filled sooner rather than later.

Knox will provide some depth for a club whose roster has been plagued by injuries this fall. Bojan Bogdanovic (calf), Alec Burks (forearm), Joe Harris (shoulder), Jaden Ivey (illness), Isaiah Livers (ankle), and Monte Morris (quad) are all currently on the shelf, while Jalen Duren (ankle) has been in and out of the lineup.

Beyond the fact that it’s a one-year deal, the details of Knox’s agreement with the Pistons have yet to be reported. A non-guaranteed minimum-salary contract is most likely, but we’ll have to wait for confirmation on that.

Warriors Sign Gui Santos To Three-Year Deal

November 7th, 2023 at 11:39am CST by Rory Maher

NOVEMBER 7: The Warriors have officially signed Santos, per NBA.com’s transaction log. His contract is worth the minimum across all three seasons, including a prorated $1,029,483 salary for the rest of the 2023/24 season.

Only $75K of that money is guaranteed, according to Michael Scotto of HoopsHype (Twitter link), who adds that the second and third seasons are non-guaranteed. The deal includes a third-year team option.

NOVEMBER 6: The Warriors are finalizing a three-year contract with 2022 second-round pick Gui Santos, report Adrian Wojnarowski and Ramona Shelburne of ESPN (Twitter link).

Golden State will use the second-round pick exception to sign Santos, notes ESPN’s Bobby Marks (via Twitter). Due to their tax situation, the Warriors can only offer free agents a minimum-salary contract, which can only run for up to two years. Using the second-round exception will allow the Warriors to give Santos a three-year deal.

Santos, 21, was selected No. 55 overall last year. He signed a G League contract with Santa Cruz (Golden State’s affiliate) in 2022/23 and was essentially a draft-and-stash prospect because the Warriors still held his NBA rights.

A 6’8″ forward from Brazil, Santos averaged 12.7 PPG, 6.0 RPG and 2.2 APG on .500/.333/.813 shooting in 26 regular season games with Santa Cruz last season. He had a strong Summer League showing for the Warriors this offseason and also played for the Brazilian national team at the World Cup.

A report at the end of August indicated that Santos was unlikely to play for the Warriors this season, in part because they would have to buy out his contract from Brazilian club Minas. That deal reportedly expires at the end of ’23/24. Evidently there was a change of plans, however, and now Golden State will be giving the young wing a three-year standard contract.

The Warriors only have 13 players on standard contracts after waiving several training camp invitees before the ’23/24 season started. Instead of signing an external free agent, they’ll be adding Santos for their 14th spot, which they were required to fill within 14 days.

Golden State will still have a standard roster opening even after signing Santos, but it seems unlikely that the team will sign a player to fill that 15th spot until later in the season in order to maintain roster and financial flexibility.

Joshua Primo Will Get Standard Contract With Clippers; Xavier Moon To Land Two-Way Deal

November 6th, 2023 at 10:17am CST by Arthur Hill

The Clippers will convert Joshua Primo‘s two-way contract to a standard deal, tweets Shams Charania of The Athletic. The two-way opening will go to Xavier Moon, who was waived before the start of the season.

The new contract signifies a major turnaround for Primo, who was released by the Spurs last year for engaging in “inappropriate and offensive behavior by exposing himself to women.” The NBA imposed a four-game suspension, and Primo has yet to appear in a game for the 3-2 Clippers.

Primo has been undergoing therapy for his behavior, which allegedly included multiple incidents with Dr. Hillary Cauthen, a sports psychologist who worked for San Antonio during Primo’s time with the organization. Cauthen filed a lawsuit against Primo and the Spurs that accused the team of being “willing to tolerate abhorrent conduct” from players.

The 20-year-old wing was the youngest player in the 2021 draft when the Spurs selected him with the 12th pick. He appeared in 50 games as a rookie, making 16 starts and averaging 5.8 points, 2.3 rebounds and 1.6 assists in 19.3 minutes per night. He got into just four games during his second season before being waived.

The Clippers were down to 13 players after last week’s James Harden trade, so another move won’t be needed to add Primo to the regular roster.

Moon, a 28-year-old shooting guard, made brief appearances with the Clippers over the past two years, playing in 14 total games. He spent last season with the organization’s G League affiliate in Ontario and was named to the All-NBAGL Third Team.

Pelicans Sign Jeremiah Robinson-Earl To Two-Way Contract

November 3rd, 2023 at 2:11pm CST by Tristan Tucker

NOVEMBER 3: The Pelicans have officially signed Robinson-Earl to a two-way contract and waived Gates, the team announced today in a press release.

NOVEMBER 2: The Pelicans are signing forward/center Jeremiah Robinson-Earl to a two-way contract, according to Shams Charania of The Athletic (Twitter link).

Robinson-Earl, 22, was the No. 32 overall pick in the 2021 NBA Draft. He holds career averages of 7.2 points and 4.9 rebounds in two seasons with the Thunder. Robinson-Earl appeared in 92 games (56 starts) with Oklahoma City. With the Thunder facing a roster crunch this season, they sent him in a trade to the Rockets, who waived him before the season.

According to Charania, the former Oklahoma City forward had standard contract offers elsewhere but chose to sign with the Pelicans for a potential better opportunity.

The Pelicans had all three of their two-way contract spots filled, with Dereon Seabron, Kaiser Gates and Matt Ryan under contract. New Orleans is waiving Gates to make room for Robinson-Earl, according to ESPN’s Andrew Lopez (Twitter link).

Gates signed a two-year, two-way contract with the Pelicans this offseason after averaging 14.0 points per game in the G League with the Long Island Nets last season. He shot 55.4% from beyond the arc on 5.0 attempts per game last year.

While the Pelicans have an opening on their 15-man standard roster, their proximity to the tax meant they were unlikely to convert one of their two-way guys to a standard deal.

In signing Robinson-Earl, the Pelicans are adding more depth to a frontcourt that has been affected by injuries. As a player with extensive NBA experience, it’s possible Robinson-Earl gets playing time right away, much like two-way player Ryan is.

Once Robinson-Earl officially joins the team, the Pelicans will still have three players on two-way deals and 14 players signed to standard contracts.

Bismack Biyombo Signs With Grizzlies

November 2nd, 2023 at 10:08am CST by Arthur Hill

NOVEMBER 2: Following their fifth game of the season on Wednesday, the Grizzlies have moved Morant to the suspended list and officially signed Biyombo, the team confirmed in a press release (Twitter link).

Biyombo received a one-year, $5MM contract with a $1MM guarantee, sources tell Shams Charania of The Athletic (Twitter link).

OCTOBER 28: The Grizzlies will add veteran center Bismack Biyombo, tweets Shams Charania of The Athletic.

Memphis will be able to transfer Ja Morant to the suspended list after he serves five games of his 25-game suspension, and Charania suggests the signing will occur once that happens. The Grizzlies are off to an 0-3 start with upcoming games Monday against Dallas and Wednesday at Utah.

The 31-year-old Biyombo will provide an interior presence for a team playing without starting center Steven Adams, who will undergo knee surgery and miss the entire season. The Grizzlies are also missing backup center Brandon Clarke, who is still recovering from a torn Achilles he suffered in March, and have been starting Xavier Tillman in the middle.

Biyombo is a free agent after spending the past two years in Phoenix. He got into 61 games last season, making 14 starts and averaging 4.3 points, 4.3 rebounds and 1.3 blocks in 14.3 minutes per night. He shot 57.8% from the field, but he brings a limited shooting range and hasn’t made a three-pointer in his career.

The Lakers reportedly considered signing Biyombo this summer, but opted for Christian Wood instead.

The Grizzlies have a full roster, so they can’t add Biyombo without cutting someone else until Morant is officially on the suspended list. They still have their entire $12.4MM non-taxpayer mid-level exception remaining, plus the $4.516MM bi-annual exception, if they want to offer Biyombo more than the veteran’s minimum salary, though it seems unlikely that will be necessary.

Clippers Trade Filip Petrusev, Cash To Kings

November 1st, 2023 at 8:23pm CST by Luke Adams

8:23pm: The trade is official, the Clippers announced (via Twitter).

7:59 pm: The Clippers will send Petrusev and cash to the Kings in exchange for the draft rights to Luka Mitrovic, a source tells Andrew Greif of The Los Angeles Times (Twitter link). Mitrovic, a 30-year-old forward currently playing in Serbia, was the final pick in the 2015 draft.

3:02pm: The Clippers and Kings have agreed to a trade that will send big man Filip Petrusev and cash to Sacramento, reports Adrian Wojnarowski of ESPN (Twitter link).

Petrusev was dealt to Los Angeles along with James Harden and P.J. Tucker in the blockbuster trade that was officially completed on Wednesday. However, Law Murray of The Athletic reported at the time of the agreement that the Serbian rookie wasn’t in the Clippers’ plans and wasn’t expected to remain on the roster.

By trading Petrusev to Sacramento, the Clippers will open up a second roster spot on their 15-man squad. Under the new Collective Bargaining Agreement, a team can only carry fewer than 14 players on standard contracts for up to 14 days at a time and 28 total days during a season, so Los Angeles will have to replace Petrusev on its roster sooner rather than later.

Even after the Clippers add a 14th man, I’d expect them to keep their 15th roster spot open for the time being in order to maintain some flexibility and to avoid increasing their projected luxury tax bill.

The Kings, meanwhile, entered the season with an open roster spot of their own and will now use it to take a look at Petrusev, a draft-and-stash prospect who was selected 50th overall in 2021 and joined the 76ers two years later.

The 6’11” forward/center, who played college ball at Gonzaga, won a EuroLeague championship with Anadolu Efes in 2022, earned a Serbian League title with Crvena Zvezda in 2023, and was part of the Serbian national team that finished second at the 2023 FIBA World Cup.

Assuming the terms of his contract aren’t being adjusted as part of the trade, Petrusev’s salary is currently only partially guaranteed for $559,782 (50% of his full salary), so the Kings could waive him at some point with no real financial penalty if they want to reopen that 15th roster spot. His full cap hit is $1,119,563.

It’s unclear what the Kings are sending the Clippers in the trade, but based on the structure of the deal and how it’s been reported, I expect it to be either a heavily protected second-round pick or the draft rights to a player who will likely never sign an NBA contract.

Keon Johnson Signs Two-Way Contract With Nets

November 1st, 2023 at 12:34pm CST by Rory Maher

NOVEMBER 1: The Nets have officially signed Johnson to a two-way contract, the team announced in a press release.

OCTOBER 31: Free agent guard Keon Johnson plans to sign a two-way deal with the Nets, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

As our tracker shows, the Nets have an open two-way spot, so they won’t need to waive anyone to sign Johnson. Their 18-man roster will be full once the move is official.

Johnson, the 21st overall pick of the 2021 draft, was sent to Phoenix from Portland in the three-team blockbuster that saw Damian Lillard land with Milwaukee. The 21-year-old was waived by the Suns last week, just before the season started, due to the team’s roster crunch.

The fourth-year option on Johnson’s rookie scale contract was declined when he was cut by Phoenix, though the team will still be paying his $2.8MM salary this season. After clearing waivers, the third-year guard became an unrestricted free agent, but he was ineligible to return to the Suns on a two-way deal since his contract was guaranteed for more than $75K (the maximum two-way protection amount). Phoenix is now the lone NBA team with a two-way opening.

An explosive athlete who was viewed as a developmental project when he declared for the draft after one college season at Tennesseee, Johnson struggled to score efficiently over his first two NBA seasons with the Clippers and Trail Blazers, averaging a combined 5.9 PPG, 1.8 APG and 1.6 RPG on .362/.343/.739 shooting in 77 games (14.4 MPG). Due to the Nets’ crowded backcourt, Johnson will likely be spending a good chunk of 2023/24 in the G League with their affiliate in Long Island.

If Johnson officially signs on Wednesday, he’ll earn a two-way salary of $534,045 and will be eligible to appear in up to 48 regular season games.