Transactions Rumors | Hoops Rumors

Zeke Nnaji Gets Four-Year, $32MM Extension From Nuggets

October 22nd, 2023 at 5:03pm CST by Arthur Hill

OCTOBER 22: The signing is now official, per a Denver press release.

OCTOBER 21: Zeke Nnaji has agreed to a four-year, $32MM extension with the Nuggets, agent Adam Pensack tells ESPN’s Adrian Wojnarowski (Twitter link).

The new contract includes a player option for the final season, Wojnarowski adds. Nnaji will earn $4,306,281 this year before the extension begins in 2024/25.

A 22-year-old power forward, Nnaji was selected with the 22nd pick in the 2020 draft. He has become a valuable reserve for the defending champions, averaging 5.2 points and 2.6 rebounds in 53 games last season while shooting 56.1% from the field.

Nnaji was on the court for 13.7 minutes per game in 2022/23, and he’s expected to see more playing time during the upcoming season after the loss of Jeff Green and Thomas Bryant in free agency.

Monday is the last day that teams can sign eligible players to rookie scale extensions. Those who don’t reach new agreements will become restricted free agents next summer.

Nnaji is the eighth player to agree to a rookie scale extension this year, joining LaMelo Ball, Anthony Edwards, Tyrese Haliburton, Desmond Bane, Devin Vassell, Isaiah Stewart, and Payton Pritchard.

Kings Pick Up 2024/25 Options On Murray, Mitchell, Duarte

October 22nd, 2023 at 4:40pm CST by Luke Adams

OCTOBER 22: Sacramento has officially announced that it has exercised its team options on Murray, Mitchel and Duarte.

OCTOBER 21: The Kings are exercising their 2024/25 rookie scale team options on forward Keegan Murray, guard Davion Mitchell, and swingman Chris Duarte, reports Adrian Wojnarowski of ESPN (Twitter link).

Murray’s third-year option will pay him $8,809,560 in ’24/25. It was a lock to be picked up after the fourth overall pick made the All-Rookie first team, averaging 12.2 points and 4.6 rebounds per night with a .411 3PT% last season as a full-time starter for the West’s No. 3 seed.

The fourth-year options for Mitchell and Duarte in ’24/25 will be worth $6,451,077 and $5,893,768, respectively.

The No. 9 overall pick in 2021, Mitchell was a rotation player off the bench for Sacramento last season, averaging 5.6 PPG and 2.3 APG in 80 games (18.1 MPG). He’s known more for his defensive abilities than his contributions on offense.

Duarte was acquired from the Pacers in an offseason trade and is expected to play a role on the wing for the Kings this season. He struggled with his shot and battled injuries last season, but showed promise as a two-way wing as a rookie in 2021/22 when he averaged 13.1 PPG with a .369 3PT%.

The Kings will have to exercise their fourth-year option on Murray for 2025/26 (worth about $11.1MM) by next October 31. Mitchell and Duarte are now on track to become eligible for rookie scale extensions next summer.

We’re tracking all of the 2024/25 rookie scale team option decisions right here.

Thunder Waive Jack White

October 22nd, 2023 at 2:57pm CST by Luke Adams

The Thunder have waived forward Jack White in order to get their roster to the regular season limit, the team announced today. Oklahoma City now has 15 players on standard contracts and three on two-way deals.

[RELATED: 2023/24 NBA Roster Counts]

White, 26, went undrafted out of Duke in 2020 and spent the next two years playing in his home country of Australia before coming stateside for the 2022/23 season. He was on a two-way contract with the champion Nuggets for all of last season, though he logged just 66 minutes across 17 regular season games at the NBA level.

White had a far greater role for the Grand Rapids Gold, Denver’s G League affiliate, averaging 19.2 points, 9.4 rebounds, and 1.9 assists in 33.2 minutes per game (26 contests), with a shooting line of .563/.438/.767.

The Nuggets issued White a qualifying offer, making him a restricted free agent, but withdrew it early in free agency, allowing him to sign a two-year, minimum-salary contract with Oklahoma City. Only $600K of that deal was guaranteed, however, making White a logical odd man out when the Thunder faced a roster crunch this month. OKC will remain on the hook for that $600K unless another team claims White off waivers.

Assuming he passes through waivers, White will likely receive interest from teams looking to fill out their two-way contract slots. He won’t be eligible to re-sign on a two-way deal with the Thunder, since his partial guarantee exceeded $75K.

Hawks Exercise 2024/25 Options On Johnson, Griffin

October 22nd, 2023 at 1:42pm CST by Luke Adams

The Hawks have exercised their rookie scale team options for the 2024/25 season on forward Jalen Johnson and guard AJ Griffin, the team announced in a press release.

The moves had been expected, given the relatively modest cost of Johnson’s and Griffin’s ’24/25 option salaries. Johnson’s fourth-year option is worth $4,510,905, while Griffin will earn $3,889,920 in his third NBA season. Those salaries are now fully guaranteed.

Johnson, who will turn 22 in December, emerged as a regular rotation player for Atlanta in 2022/23, averaging 5.6 points, 4.0 rebounds, and 1.2 assists in 14.9 minutes per game across 70 appearances. He’s expected to take on a more prominent role this fall following the offseason trade of John Collins.

Exercising Johnson’s fourth-year option means the Hawks will have the ability to sign him to a rookie scale extension next summer. If he doesn’t sign a new deal at that point, the former Duke standout will become eligible for restricted free agency in 2025.

As for Griffin, he had a promising rookie year that saw him average 8.9 PPG on .465/.390/.894 shooting in 72 games (19.5 MPG). Another ex-Blue Devil, the 20-year-old has a fourth-year option worth $5,967,137 for the 2025/26 season — Atlanta will have to decide by next October 31 whether to pick it up.

The full list of 2024/25 rookie scale team options decisions can be found right here.

Nathan Knight Signs Two-Way Deal With Celtics

October 22nd, 2023 at 12:04pm CST by Arthur Hill

12:04pm: The Celtics have officially signed Knight to a two-way contract, the team confirmed in a press release. As expected, Boston waived Scrubb to make room for Knight.

10:45am: The Celtics will sign Nathan Knight to a two-way contract, tweets ESPN’s Adrian Wojnarowski.

The 26-year-old big man was waived by the Knicks on Thursday. He signed a two-way deal with New York in July, but wasn’t able to secure a regular season roster spot.

At 6’10”, Knight will provide another big body for a Celtics team in need of frontcourt depth. He appeared in 38 games with Minnesota last season, averaging 3.7 points and 1.5 rebounds in 7.7 minutes per night. The Timberwolves declined their team option on Knight for the upcoming season and didn’t issue a qualifying offer, making him an unrestricted free agent.

The Celtics currently have all three of their two-way slots filled with JD Davison, Neemias Queta and Jay Scrubb, but Scrubb suffered a torn ACL earlier this month, making him the likeliest release candidate.

Knicks Convert Dylan Windler To Standard Contract

October 21st, 2023 at 11:03pm CST by Arthur Hill

The Knicks have converted Dylan Windler from a two-way deal to a standard contract, according to NBA.com’s transaction log. The contract covers one season and is non-guaranteed, tweets Fred Katz of The Athletic. It’ll be worth the minimum salary.

The Cavaliers selected Windler with the 26th pick in the 2019 draft, but he missed his first season with a leg injury and was never able to carve out a consistent role, averaging 3.3 points, 2.3 rebounds and 0.8 assists in 84 games. He dealt with injuries through much of that time and appeared in just three games last season.

Cleveland opted not to give Windler a qualifying offer this summer, making him an unrestricted free agent. The 27-year-old small forward signed with New York in July after spending his first four NBA seasons with the Cavaliers.

Windler will get a chance to revive his career in New York after earning a roster spot. He appeared in just one preseason game, going scoreless in about six minutes of action.

The Knicks now have 15 players on standard contracts, including DaQuan Jeffries and Ryan Arcidiacono, whose deals are also non-guaranteed. The team also has a two-way opening after converting Charlie Brown and Jacob Toppin to two-way contracts earlier today.

Jazz Sign, Waive Isaiah Miller

October 21st, 2023 at 5:50pm CST by Arthur Hill

Free agent shooting guard Isaiah Miller has been signed and waived by the Jazz, the team announced in a press release.

Miller, 25, played last year with Utah’s G League affiliate, the Salt Lake City Stars, after being signed and waived shortly before the start of the season. He averaged 7.8 points, 4.2 rebounds and 2.1 assists in 29 regular season games.

Assuming he received an Exhibit 10 contract, which is a safe bet, Miller can earn a bonus of up to $75K if he spends at least 60 days with Salt Lake City.

Rockets Cut Nate Hinton

October 21st, 2023 at 5:17pm CST by Luke Adams

The Rockets have officially waived camp invitee Nate Hinton, according to NBA.com’s transaction log.

Hinton, a 6’5″ wing who played his college ball at Houston, signed an Exhibit 10 contract with the Rockets in August. He has spent most of his three professional seasons on two-way contracts or G League deals, appearing in 23 NBA games for the Mavericks and Pacers since 2020.

The 24-year-old played for the Cleveland Charge – the Cavaliers’ NBAGL affiliate – during the 2022/23 season, averaging 12.0 PPG and 6.3 RPG on .466/.383/.789 shooting in 27 regular season games (33.9 MPG). He appeared in three preseason games for the Rockets, playing limited minutes.

The Rio Grande Valley Vipers, Houston’s G League team, acquired Hinton’s returning rights from the Charge earlier this week, signaling that the plan is to have him report to the Vipers once he clears waivers. His contract makes him eligible to earn a $75K bonus if he spends at least 60 days with the NBAGL club.

The Rockets still have 20 players under contract, so a couple more moves will be necessary to get the roster ready for the regular season. Interestingly, no transaction involving Jeenathan Williams – another camp invitee – shows up on NBA.com today. That could be a signal that Houston plans to convert him to a two-way deal — the team would have to cut one of its current two-way players to make that move.

In addition to Williams and their three two-way players, the Rockets are carrying 16 players who are on fully or partially guaranteed contracts. Because they’ll have to trade or release a player who is owed guaranteed money in order to set their standard 15-man roster, there’s no rush to finalize that move until Sunday or Monday, as we explained in a separate article.

Cavaliers Waive Seven Players

October 21st, 2023 at 5:07pm CST by Arthur Hill

The Cavaliers have released seven players, including three who were just signed, according to the NBA.com transactions log.

Point guard Sharife Cooper, forward Pete Nance, guard Justin Powell and swingman Zhaire Smith all have Exhibit 10 contracts, so they’re likely headed to the Cleveland Charge, the organization’s G League affiliate. They can earn bonuses of up to $75K if they spend at least 60 days with the team.

Also placed on waivers were shooting guard Rob Edwards, small forward Aleem Ford and guard Devontae Shuler, who hadn’t been listed on the Cavs’ roster prior to today. They were likely all signed and waived with Exhibit 10 deals and will be eligible for the same $75K bonus.

Two of the players have brief NBA experience, as Edwards played two games for the Thunder and Ford appeared in five games with the Magic, both during the 2021/22 season.

The moves leave Cleveland with 12 fully guaranteed salaries and all three of its two-way slots filled. Veteran center Tristan Thompson and shooting guard Sam Merrill remain with the team on non-guaranteed deals.

Pistons Sign, Waive David Nwaba, Three Others

October 21st, 2023 at 4:41pm CST by Luke Adams

The Pistons have completed a series of signings ahead of the regular season, announcing today (via Twitter) that wings David Nwaba and Treveon Graham, forward/center Nate Roberts, and forward Ryan Turell all received Exhibit 10 deals from the team.

All four players were later waived, per NBA.com’s transaction log. According to the Pistons (Twitter link), camp invitees Buddy Boeheim, Tosan Evbuomwan, Jontay Porter, and Zavier Simpson were originally cut to make room for the new signees.

Of the four newly signed players, Nwaba has the most NBA experience, having appeared in 237 regular season games from 2017-22 for the Lakers, Bulls, Cavaliers, Nets, and Rockets. He averaged 6.8 points and 3.7 rebounds in 19.3 minutes per game at the NBA level, but didn’t play in the league last season, instead spending most of the season with the Motor City Cruise’s Detroit’s G League affiliate.

Nwaba put up 15.8 PPG, 8.6 RPG, and 3.1 APG in 27 games (32.1 MPG) for the Cruise last season and appears likely to rejoin the team in 2022/23. His Exhibit 10 contract will put him in line for a bonus worth up to $75K as long as he spends at least 60 days with the club. Graham, Roberts, Turell, Boeheim, Evbuomwan, Porter, and Simpson figure to be headed to the Cruise as well.

Graham, who will turn 30 next Saturday, has 180 games of NBA experience under his belt, but hasn’t been in the league since the 2019/20 season. The former VCU standout has played in the G League and in the Canadian Elite Basketball League since then.

Roberts and Turrell – who went undrafted in 2022 out of Washington and Yeshiva, respectively – were both role players for Motor City last season. The Cruise still control their returning rights.

Notably, Detroit’s series of roster moves didn’t involve Stanley Umude, a training camp standout who was also on an Exhibit 10 deal. The Pistons still have one open 15-man slot and one open two-way slot — Umude looks like a prime candidate to fill one of those openings.