Transactions Rumors | Hoops Rumors

Cavaliers Waive JT Thor

March 2nd, 2025 at 6:31am CST by Luke Adams

The Cavaliers have waived forward JT Thor, who was on a two-way contract with the team, according to the official transaction log at NBA.com.

Thor, 22, was the 37th overall pick in the 2021 draft out of Auburn and spent three seasons with the Hornets before signing a two-way contract with Cleveland in September.

The 6’9″ forward was a regular in Charlotte, appearing in 165 total games as a Hornet, but played a limited role for the Cavaliers this season, appearing in just nine games and averaging 4.7 minutes per night. He was effective in his rare appearances, compiling 28 points on 9-of-15 shooting in 42 total minutes.

Thor also saw action in 24 Tip-Off Tournament and regular season games for the Cavs’ G League affiliate, the Cleveland Charge, averaging 14.3 points, 7.1 rebounds, and 2.1 assists in 31.8 minutes per contest, with an underwhelming shooting line of .434/.276/.762.

Waiving Thor opens up a two-way slot for the Cavaliers to sign Nae’Qwan Tomlin, who has reportedly agreed to a two-year, two-way deal with the team. Thor was technically waived on March 1, per NBA.com, so he would retain his playoff eligibility if he signs with a new team before the end of the season.

Pelicans Waive Jalen Crutcher

March 1st, 2025 at 6:11pm CST by Arthur Hill

The Pelicans have opened up a two-way roster spot by waiving Jalen Crutcher, according to NBA.com’s transaction log. Michael Scotto of HoopsHype (Twitter link) first reported the news.

The 25-year-old point guard was promoted from the G League on Wednesday when New Orleans converted Brandon Boston Jr.‘s two-way deal into a two-year standard contract. The Pelicans have played twice since then, but Crutcher didn’t get into either game.

Crutcher was in training camp with New Orleans on an Exhibit 10 contract, but he was waived before the season began. He had been playing for the team’s G League affiliate in Birmingham, averaging 17.9 points, 6.8 assists and 3.5 rebounds per game.

Crutcher has been a fixture in the G League since he signed with Charlotte in 2021 after going undrafted out of Dayton. He has appeared in just one NBA game, seeing three minutes of action while on a 10-day contract with the Pelicans last season.

New Orleans will have three days to fill the newly created opening before the March 4 deadline to sign two-way players. Jamal Cain and Keion Brooks hold the team’s other two-way contracts.

Clippers Sign Jordan Miller To Four-Year Deal, Waive MarJon Beauchamp

March 1st, 2025 at 4:29pm CST by Luke Adams

4:29pm: The Clippers have officially announced Miller’s new contract and placed Beauchamp on waivers.

12:17pm: The Clippers have agreed to a four-year deal with second-year wing Jordan Miller and will promote him from his two-way contract to the standard 15-man roster, sources tell Shams Charania of ESPN (Twitter links). According to Charania, Los Angeles will waive forward MarJon Beauchamp to open up a roster spot to complete the move.

The 48th overall pick in the 2023 draft, Miller played just 28 total minutes in eight NBA appearances for the Clippers as a rookie, but has seen more action at the NBA level in 2024/25, averaging 4.7 points, 1.7 rebounds, and 1.1 assists in 12.4 minutes per game across 30 outings.

Miller had been active for 49 NBA games, just one shy of the 50-game limit for two-way players, which explains the timing of the move. Promoting him now will also allow the Clippers to fill their newly opened two-way slot before the March 4 deadline.

While Miller’s contributions at the NBA level have been modest, he has thrived at the G League level with the San Diego Clippers (known as the Ontario Clippers last season). He averaged 20.9 PPG on .491/.355/.829 shooting in 39 NBAGL games last season and has bumped those averages to 23.9 PPG on .509/.350/.844 shooting in seven games in ’24/25.

Charania pegs the value of Miller’s new four-year deal at $8.3MM, but that would require a rest-of-season salary that would push the Clippers’ team salary slightly beyond the tax line.

Charania suggests that Miller will actually earn $1MM for the rest of the season, which would result in a four-year total closer to $8.1MM. That $1MM salary for the final six weeks of this season is well beyond Miller’s prorated minimum, so I’d expect the final three years of the contract to include little to no guaranteed money, giving the club plenty of flexibility to either move on from the 25-year-old or hang onto him at a team-friendly rate in future seasons.

The Clippers will use a portion of their mid-level exception to complete the signing.

Beauchamp, the 24th overall pick in 2022, is actually younger than Miller, having turned 24 just before the start of this season. But he has struggled to establish himself as a reliable NBA rotation player, averaging 4.2 PPG and 1.9 RPG in 129 career contests (11.2 MPG).

Beauchamp, who spent his first two-and-a-half NBA seasons with the Bucks, was traded from Milwaukee to Los Angeles at the deadline in exchange for Kevin Porter Jr. That was a salary-motivated move for the Clippers, who didn’t want to be on the hook for Porter’s 2025/26 player option and won’t carry any dead money beyond this season for Beauchamp.

Clippers Sign Patrick Baldwin, Seth Lundy; Waive Kai Jones

March 1st, 2025 at 4:11pm CST by Luke Adams

4:11pm: Jones has been waived, the Clippers announced (via Twitter). The team has also officially completed its two-way deals with Baldwin and Lundy, per NBA.com’s transaction log.

1:40pm: The Clippers are signing free agent wings Patrick Baldwin Jr. and Seth Lundy to two-way contracts, according to Shams Charania of ESPN (Twitter link).

Los Angeles will open up one two-way slot by promoting Jordan Miller to the standard 15-man roster, as Charania reported earlier this afternoon. The team will create a second opening by waiving big man Kai Jones, Charania adds.

Baldwin, 22, was selected 28th overall in the 2022 draft by Golden State. The 6’9″ forward has appeared in 91 total NBA regular season games, averaging 3.7 points and 2.0 rebounds in 9.0 minutes per night, with a shooting line of .401/.366/.658. He was traded from Washington to San Antonio in the four-team Kyle Kuzma/Khris Middleton deal last month, then was cut by the Spurs.

Lundy, who will turn 25 next month, was the 46th overall pick in the 2023 draft. He appeared in nine NBA games while on a two-way contract with the Hawks as a rookie and opened the 2024/25 campaign on a two-way deal too before being waived in December. Lundy was dealing with an ankle injury when he was cut by Atlanta and hasn’t played at all in the NBA or G League this season.

Jones, meanwhile, appeared in 28 games for the Clippers this season after spending most of 2023/24 out of the NBA. The former 19th overall pick, who fell out of favor in Charlotte after two years as a Hornet, averaged 2.2 points and 1.6 rebounds in 7.4 minutes per night for Los Angeles. He had a semi-regular rotation role earlier in the season but has played primarily in garbage time since the calendar turned to 2025.

Taking into account the Clippers’ roster moves reported earlier today, the team will be completing a total of five transactions — signing Baldwin and Lundy, waiving Jones and MarJon Beauchamp, and promoting Miller. Once the dust has settled, L.A. will once again have a full 18-man roster, with 15 players on standard contracts and three on two-way deals.

Hawks Sign Kevon Harris To 10-Day Contract

March 1st, 2025 at 2:36pm CST by Luke Adams

March 1: The Hawks have officially signed Harris to a 10-day deal, the team announced today in a press release. It will run through March 10.

February 28: The Hawks intend to sign swingman Kevon Harris to a 10-day contract, agent Daniel Hazan tells Shams Charania of ESPN (Twitter link).

Harris, who spent two seasons on a two-way contract with the Magic from 2022-24, was in camp with the Hawks last fall and joined Atlanta’s G League affiliate, the College Park Skyhawks, after being waived by the NBA team in October.

In 34 total outings for the Skyhawks during the 2024 Tip-Off Tournament and 2024/25 regular season, Harris has averaged 19.9 points, 6.9 rebounds, 3.8 assists, and 1.3 steals in 31.0 minutes per game, with a shooting line of .463/.447/.804. The 6’5″ guard/forward has had a career-best season as a three-point shooter, with 2.6 makes per contest.

Harris only appeared in two NBA games for Orlando last season, but saw more action in 2022/23, averaging 4.1 PPG, 2.1 RPG, and 0.5 APG in 34 appearances (13.4 MPG) off the bench for the Magic.

The Hawks have an open spot on their 15-man roster, so no corresponding move will be necessary to create an opening for Harris, who will earn $119,972 on his 10-day deal. Atlanta will carry an identical cap hit.

Assuming Harris officially signs his contract before Friday’s game vs. Oklahoma City, the deal would run through March 9, covering Atlanta’s next five games. If he doesn’t sign until Saturday, the 27-year-old could still be active for up to five games, since the Hawks play on March 10.

Sixers Sign Jalen Hood-Schifino To Two-Way Deal, Cut David Roddy

March 1st, 2025 at 1:21pm CST by Luke Adams

March 1: The Sixers have officially signed Hood-Schifino to a two-way contract and waived Roddy, the team announced today in a press release.

February 28: Free agent guard Jalen Hood-Schifino has agreed to sign a two-way contract with the Sixers, sources tell Shams Charania of ESPN (Twitter link).

Hood-Schifino was included in the Luka Doncic/Anthony Davis blockbuster earlier this month, having been sent from the Lakers to the Jazz in that deal for salary purposes. He was subsequently waived by Utah after the trade deadline passed.

Still only 21 years old, Hood-Schifino was selected No. 17 overall in the 2023 draft. He spent his first season-and-a-half with the Lakers, who decided not to pick up their 2025/26 team option on his rookie scale contract last fall after the former Indiana standout appeared in just 21 NBA games during his rookie campaign.

Hood-Schifino only made two appearances this season with Los Angeles, playing a total of 14 minutes. He missed a significant chunk of the season due to a left hamstring strain.

While his NBA role in L.A. was extremely limited, Hood-Schifino did put up some solid numbers in the G League last season, averaging 22.0 points, 5.3 assists and 4.7 rebounds in 35.4 minutes per game across 15 outings for the South Bay Lakers. He had a shooting line of .473/.432/.800.

The 76ers recently had a pair of two-way openings alongside guard Jeff Dowtin, but filled them by signing forwards David Roddy and Alex Reese within the past week.

Philadelphia will have to waive one of those players in order to make room for Hood-Schifino — according to Adam Aaronson of PhillyVoice.com (Twitter link), Roddy will be the odd man out and will be cut to open up a two-way slot.

Hornets Sign Malachi Flynn To 10-Day Deal

March 1st, 2025 at 11:53am CST by Arthur Hill

March 1: Flynn’s 10-day deal with the Hornets is now official, according to the team (Twitter link).

February 28: Malachi Flynn will join the Hornets on a 10-day contract, sources tell Shams Charania of ESPN (Twitter link).

The 26-year-old point guard was in training camp with San Antonio after signing an Exhibit 10 deal in August. He was waived before the start of the season and has been playing for the Spurs’ G League affiliate in Austin, where he’s averaging 21.3 points, 5.2 rebounds and 4.2 assists in 18 regular season games.

Flynn will take the place of Elfrid Payton, whose second 10-day contract expired on Thursday, according to Rod Boone of The Charlotte Observer (Twitter link). Payton was signed with a hardship exception that remains in effect due to long-term injuries affecting Tre Mann, Brandon Miller, Grant Williams, and Josh Okogie.

Payton appeared in six games for the Hornets, making two starts and posting 1.0 point, 2.2 rebounds and 3.3 assists in 20.5 minutes per night.

Charlotte will be Flynn’s fourth team in the past two seasons once his contract becomes official. He was selected by Toronto with the 29th pick in the 2020 draft and spent three and a half years with the Raptors before being sent to New York as part of the OG Anunoby deal. The Knicks shipped him to Detroit at last February’s trade deadline.

Flynn has appeared in 213 games through his first four NBA seasons, averaging 5.5 points, 1.8 rebounds and 2.1 assists in 14.2 minutes per night. His standout moment came last April when he scored 50 points off the bench for Detroit.

Assuming he’s signed before Saturday’s meeting with Washington, Flynn will be available for five games during the 10-day contract. He will be eligible to sign one more 10-day deal with Charlotte once this one expires.

Warriors Sign Kevin Knox To Second 10-Day Contract

March 1st, 2025 at 11:33am CST by Luke Adams

March 1: Knox’s second 10-day deal with the Warriors is official, according to a team release (Twitter link).

February 28: The Warriors intend to sign forward Kevin Knox to a second 10-day contract once his initial deal expires, sources tell Anthony Slater of The Athletic (Twitter link).

Knox’s current 10-day contract will expire tonight, so he’ll need to be re-signed on Saturday in order to be active for Golden State’s game in Philadelphia tomorrow.

Knox has been in the Warriors’ organization since last July, having played for Golden State in Summer League and during the preseason before spending the majority of the 2024/25 campaign with the Santa Cruz Warriors in the G League.

Although he played a modest role off the bench on his 10-day contract, Knox impressed the team with his contributions in limited action, according to Slater. The former ninth overall pick scored 23 points on 9-of-17 shooting in 29 minutes across four games while also contributing eight rebounds, three assists, and a pair of blocks.

Knox will earn $150,179 on his second 10-day contract, with the Warriors taking on a cap hit of $119,972.

Since Golden State is navigating a hard cap, it will be interesting to see whether the team signs a second player to a 10-day contract alongside Knox in order to remain at 14 on standard deals. With Yuri Collins‘ 10-day contract also set to expire on Friday night, the Warriors will temporarily dip down to 12 players before re-signing Knox to get to 13.

Golden State can only carry fewer than 14 players for up to 14 more days this season, so that clock would begin to tick again starting Saturday if the club doesn’t sign a second player, whether that’s Collins or someone else.

Raptors Waive P.J. Tucker

February 28th, 2025 at 5:36pm CST by Arthur Hill

5:36 pm: The Raptors officially placed Tucker on waivers on Friday, per NBA.com’s transaction log.

1:28 pm: Veteran forward P.J. Tucker is being waived by the Raptors, according to Shams Charania of ESPN (Twitter link).

Tucker, 39, hasn’t played this season, but he was traded twice before the deadline. The Clippers sent him to the Jazz in a February 1 deal, then Utah moved him to Toronto five days later as part of the complex five-team trade involving Jimmy Butler.

Tucker has been mentioned as a buyout candidate, but there’s no indication from Charania that he agreed to give up a portion of his $11.54MM salary to be released. Because he’ll be waived by the March 1 deadline, Tucker will be eligible for the postseason if he joins another team.

Because Tucker’s salary is below the $12.8MM non-taxpayer mid-level exception, he will be free to sign with anyone once he clears waivers. The only exception is Utah because he’s not permitted to return to the last team that traded him for at least a year.

While he hasn’t seen much on-court action over the past two years, Tucker has served as a valuable three-and-D contributor for several playoff teams throughout his career. His postseason experience and defensive prowess could be attractive to contenders now that he’s a free agent.

Tucker was in the final season of a three-year, $33MM contract the Sixers gave him in free agency in 2022. He was sent to L.A. as part of the James Harden trade in 2023, but never really had a consistent role with the Clippers, appearing in just 28 games after the deal.

Bucks Sign Pete Nance To Two-Way Contract

February 28th, 2025 at 10:54am CST by Earnest Marshall

February 28: The signing is official, the team announced today (via Twitter).

February 27: The Bucks are planning to sign Pete Nance to a two-way contract, according to ESPN’s Shams Charania (Twitter link). They’ll add the former Northwestern and UNC player using the open roster spot they created by waiving Liam Robbins, as we relayed earlier on Thursday.

Nance has played two seasons after going undrafted in 2023, appearing in eight games with the Cavaliers as a rookie in 2023/24 and seven this season with the Sixers. The 6’11” forward spent time on a 10-day pact and two-way contract with Cleveland last season.

Nance was waived by the Cavaliers this past October and was signed twice by the Sixers on a two-way deal, first in December and then in January. He was waived earlier this month.

The younger brother of Larry Nance Jr., Pete Nance has played much more at the G League level, appearing in 18 total games (17 starts) this season with Cleveland and Philadelphia’s developmental teams. In those 18 outings, he’s averaging 15.5 points per game while shooting 37.8% from three.

After Milwaukee adds Nance to his two-way deal, they’ll have 14 players on standard contracts and three on two-way deals. The deadline to sign players to two-way contracts is March 4. Two-way guard Ryan Rollins has just one game left before reaching his two-way limit, so the Bucks may opt to convert him to a standard deal and fill his two-way slot with someone new.

According to The Athletic’s Eric Nehm (Twitter link), Nance’s two-way contract will cover two years.