Transactions Rumors | Hoops Rumors

Bulls Waive Henri Drell, Max Heidegger

October 13th, 2023 at 3:51pm CST by Luke Adams

The Bulls have cut a pair of players from their preseason roster, announcing (via Twitter) that they’ve waived forward Henri Drell and guard Max Heidegger. Chicago, which had a full 21-man roster, now has two open spots available.

Drell, 23, has spent the last two seasons playing for the Windy City Bulls, Chicago’s G League affiliate. He didn’t have a major role in 2021/22, but became a starter last season, averaging 11.9 points, 5.9 rebounds, and 2.6 assists in 31.3 minutes per night (29 regular season games). He posted a shooting line of .486/.341/.750.

Heidegger, 26, has been playing professionally in Europe since going undrafted out of UC Santa Barbara in 2020, spending team with teams in Israel, Germany, Turkey, and Spain over the last three seasons. He was a lights-out three-point shooter during his college career, making 44.0% of 568 total attempts from beyond the arc, including 67-of-125 (53.6%) as a senior.

Neither Drell nor Heidegger saw much action in the Bulls’ first two preseason games — they each logged five minutes in the team’s opener vs. Milwaukee on Sunday, then didn’t play on Thursday vs. Denver.

In all likelihood, both Drell and Heidegger will join the Windy City Bulls, where they’ll earn Exhibit 10 bonuses worth $75K apiece, assuming they spend at least 60 days with the G League club.

Magic Sign Miye Oni, Waive D.J. Wilson

October 13th, 2023 at 3:43pm CST by Luke Adams

OCTOBER 13: The Magic have officially signed Oni, the team announced today in a press release. To make room on the 21-man roster, which is full, Orlando waived D.J. Wilson, who had been on an Exhibit 10 contract.

AUGUST 22: The Magic have reached an agreement on a one-year contract with free agent wing Miye Oni, reports Jason Beede of The Orlando Sentinel (Twitter link).

According to Beede, it will be a non-guaranteed Exhibit 10 agreement. A contract with Exhibit 10 language can be converted to a two-way deal or can put a player in line for a bonus worth up to $75K if he’s waived in the preseason and then spends at least 60 days with his team’s G League affiliate.

A former Yale standout who was drafted 58th overall in 2019, Oni appeared in 80 games for the Jazz across three seasons from 2019-22, but never developed into a consistent, reliable NBA rotation player. He averaged just 1.8 PPG and 1.4 RPG in 8.4 minutes per contest in those three years.

Oni, 26, was traded in January 2022 from the Jazz to the Thunder, who subsequently waived him. He signed a 10-day hardship contract with New Orleans later that season, but didn’t appear in a game for the Pelicans.

After reaching free agency last summer, Oni signed with the London Lions of the British Basketball League and had a strong season in England, helping the Lions claim a BBL championship and a spot in the EuroCup playoffs.

Pacers Exercise 2024/25 Options On Mathurin, Jackson

October 13th, 2023 at 3:04pm CST by Luke Adams

The Pacers have guaranteed a pair of salaries for the 2024/25 season, announcing today in a press release that they’ve picked up their rookie scale team options on wing Bennedict Mathurin and big man Isaiah Jackson.

The sixth overall pick in the 2022 draft, Mathurin made the All-Rookie first team this past spring after averaging 16.7 points, 4.1 rebounds, and 1.5 assists in 28.5 minutes per contest. The 21-year-old appears poised to become a full-time starter this fall after coming off the bench in 61 of his 78 games last season.

Mathurin’s $6.92MM salary for the coming season had already been guaranteed. As a result of the option pick-up, his $7.25MM cap hit for the ’24/25 season is locked in as well. Indiana will have decide a year from now whether to exercise his $9.19MM option for 2025/26.

As for Jackson, the 22nd overall pick from the 2021 draft has appeared in 99 games in his two seasons as a Pacer, averaging 7.6 PPG and 4.4 RPG in 16.0 MPG. He’s in the mix for backup center minutes behind Myles Turner this season, but will face competition from Daniel Theis and Jalen Smith.

Now that is has been exercised, Jackson’s 2024/25 team option will pay him a guaranteed salary of approximately $4.44MM. He’ll become eligible for a rookie scale extension next July as he enters the final year of his rookie deal.

We’re tracking all of year’s rookie scale team option decisions right here.

Jazz Sign Josh Christopher To Two-Way Contract

October 13th, 2023 at 11:49am CST by Tristan Tucker

OCTOBER 13, 11:49am: The Jazz have officially signed Christopher to a two-way contract, the team confirmed today in a press release.

OCTOBER 12, 8:24pm: Utah has waived Hauser to open up a two-way slot for Christopher, according to NBA.com’s transaction log.

OCTOBER 12, 6:32pm: The Jazz are signing former Rockets first-round pick Josh Christopher to a two-way contract, according to Shams Charania and Tony Jones of The Athletic (Twitter link).

Christopher, 21, was selected with the No. 24 overall pick in the 2021 NBA Draft. The former Arizona State wing averaged 6.9 points in 138 games (four starts) in his first two seasons in the league.

The 6’5″ Christopher was waived by the Grizzlies at the end of September after the team acquired him in an earlier offseason trade. Now, he’s heading to Utah after showcasing the ability to score in bunches at the NBA level. He holds career highs of 30 points, eight rebounds, seven assists and five steals.

Christopher can provide immediate wing and scoring depth for the Jazz and could look to carve out a role on the bench. He averaged 5.8 points per game last season.

The Jazz already have three players signed to two-way contracts – Joey Hauser, Johnny Juzang and Micah Potter – and will have to waive one to bring in Christopher. Utah has a full 21-man roster as of this moment.

Christopher joins Usman Garuba and TyTy Washington as recent former Houston first-round picks to sign two-way deals with other teams this offseason. Houston traded away the young trio in the same five-team deal that brought Dillon Brooks to the Rockets via sign-and-trade.

Spurs Sign, Waive Paul Watson, Erik Stevenson

October 12th, 2023 at 6:30pm CST by Luke Adams

OCTOBER 12: Watson and Stevenson have been waived by the Spurs, per NBA.com’s transaction log.

OCTOBER 10: The Spurs have signed free agent wing Paul Watson and guard Erik Stevenson, per RealGM’s transaction log. According to Keith Smith of Spotrac (Twitter link), both players received non-guaranteed training camp contracts.

Watson, 28, played in Germany briefly after going undrafted out of Fresno State in 2017, but has since bounced back and forth between the NBA and the G League. The 6’6″ guard/forward with some three-and-D potential, appeared in 46 total NBA games for the Hawks, Raptors, and Thunder from 2020-22, as well as 142 regular season and Showcase Cup NBAGL contests for the Westchester Knicks, Raptors 905, and Oklahoma City Blue from 2017-22.

Stevenson went undrafted earlier this year after playing five college seasons at four different schools. As a super-senior at West Virginia in 2022/23, he averaged 15.4 points, 3.4 rebounds, and 2.5 assists in 34 games (26.0 MPG) and posted a shooting line of .430/.379/.796.

In all likelihood, both Watson and Stevenson signed Exhibit 10 contracts that will make them eligible for bonuses worth up to $75K if they’re waived by San Antonio and then spend at least 60 days with the Spurs’ G League affiliate in Austin.

San Antonio now has a full 21-man preseason roster.

Chance Comanche, Deonte Burton Waived By Kings

October 12th, 2023 at 6:02pm CST by Tristan Tucker

The Kings have waived both center Chance Comanche and wing Deonte Burton, according to James Ham of The Kings Beat (Twitter link). Ham adds that the expectation is that both players will join the Stockton Kings, assuming they clear waivers.

Since Comanche and Burton signed Exhibit 10 contracts, they’ll both be eligible to receive a $75K bonus if they spend at least 60 days with Stockton. Both players have three or more years of experience in the G League and spent time in Stockton last season.

Comanche signed with the Kings on September 21 after averaging 12.9 points, 7.3 rebounds and 1.4 blocks across 43 regular season and Showcase Cup games with Stockton last season. His strong efforts in the G League turned into a 10-day contract with the Trail Blazers in April, and he put up seven points and three boards in one appearance with Portland. He did not appear in any preseason games with Sacramento this season.

Burton, who signed on September 23, averaged 11.5 points across 33 total appearances with the Stockton Kings last season. He holds averages of 2.5 points and 1.2 rebounds in 73 career NBA games. His play in the G League last season also resulted in a 10-day contract, but Burton’s was with the Kings, though he only appeared in two games and didn’t record a stat. Burton appeared in one preseason game with Sacramento this year.

After waiving Comanche and Burton, the Kings’ roster now stands at 18 players, with Jaylen Nowell the only currently signed Exhibit 10 player on the roster. Sacramento has one open spot for its 15-man regular season roster, so it’s possible the Kings are eyeing Nowell for that spot. It’s likely the team will cycle through more Exhibit 10 players for G League purposes in the coming days.

Pelicans Sign Jalen Crutcher, Waive Liam Robbins

October 12th, 2023 at 11:42am CST by Rory Maher

The Pelicans have made a minor change to their preseason roster, signing free agent guard Jalen Crutcher, the team announced in a press release. New Orleans waived Liam Robbins to create a roster opening for Crutcher.

A former college standout at Dayton, Crutcher played four years for the Flyers prior to going undrafted in 2021. He has spent his first two professional seasons playing in the G League for the Greensboro Swarm — Charlotte’s affiliate — after signing Exhibit 10 deals with and then being waived by the Hornets.

A 6’2″ point guard, Crutcher appeared in 57 regular season games (39 starts, 32.7 MPG) with the Swarm from 2021-23, averaging 15.8 PPG, 5.8 APG and 3.0 RPG with an impressive .473/.430/.774 shooting slash line.

The Birmingham Squadron — the Pelicans’ NBAGL affiliate — acquired Crutcher’s returning player rights last month in a deal with the Swarm. That means the 24-year-old likely signed an Exhibit 10 contract with New Orleans, which would entitle him to a $75K bonus if he’s waived and spends at least 60 days with the Squadron.

Robbins, a 7’0″ big man who went undrafted in June out of Vanderbilt, inked an Exhibit 10 deal with the Pelicans at the end of last month. It looked like he might be promoted to a two-way contract, but last week he unfortunately sustained a stress fracture in his right fibula and was ruled out indefinitely.

Nuggets Exercise 2024/25 Option On Peyton Watson

October 11th, 2023 at 11:15pm CST by Rory Maher

The Nuggets have exercised their third-year team option on Peyton Watson, a league source tells Vinny Benedetto of The Denver Gazette (Twitter link). The move has no impact on Watson’s status for the upcoming season, but locks in his $2,413,560 salary for the 2024/25 season.

A 6’8″ wing who played one college season at UCLA, Watson was the final first-round pick (30th overall) in 2022. He appeared in 23 games (8.1 MPG) as a rookie for the Nuggets last season, averaging 3.3 PPG and 1.6 RPG. He also made five brief playoff appearances during Denver’s championship run in ’22/23.

Watson, 21, played more extensively at the G League level, suiting up for 19 games with Denver’s affiliate, the Grand Rapids Gold.

The Nuggets are high on Watson, who is an outstanding athlete with a lot of defensive upside. He could be a rotation player in year two, and multiple outlets have cited the young forward as a possible under-the-radar contributor for Denver in ’23/24.

Denver will have to decide whether or not to pick up Watson’s fourth-year option — worth $4,356,476 — next October. The Nuggets picked up Christian Braun‘s third-year option on Tuesday, as expected.

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

Jazz Sign Devoe, Justice; Waive Kinsey, Ongenda

October 11th, 2023 at 7:25pm CST by Rory Maher

The Jazz have signed guard Michael Devoe and forward Keshawn Justice, the team announced in a press release. To create room on the 21-man offseason roster, Utah waived Taevion Kinsey and Nick Ongenda, both of whom were on training camp contracts.

While the terms of the agreements were not disclosed, it seems likely that Devoe and Justice signed Exhibit 10 deals and will eventually be waived and headed to the G League to play for the Jazz’s affiliate, the Salt Lake City Stars. In that scenario, both players could earn bonuses worth up to $75K if they spend at least 60 days with the Stars.

The Stars acquired Devoe’s returning player rights from the Rip City Remix (Portland’s new NBAGL affiliate) last month. The former Georgia Tech standout signed an Exhibit 10 deal with the Clippers last fall, was waived, and spent his first pro season playing for their affiliate, the Ontario Clippers.

Devoe had modest stats for Ontario (6.7 points, 3.2 rebounds and 1.9 assists in 20.8 minutes over 29 regular season games), but he had a strong Summer League showing for the Blazers, averaging 18.8 points, 3.3 rebounds, 4.5 assists and 1.3 steals in just 23.9 minutes. Of course, that was a small sample size, as he only played four games.

Justice went undrafted in June after five seasons at Santa Clara. As a “super senior” in 2022/23, the 23-year-old averaged 13.3 points, 4.1 rebounds and 2.5 rebounds in 33 games for the Broncos (34.9 minutes). He played for the Jazz’s Summer League squad, averaging 10.2 points, 6.8 rebounds and 1.2 steals in five games (23.4 minutes).

The Jazz’s roster remains at the offseason maximum of 21 players under contract, including 12 players on guaranteed standard deals. All three of Utah’s two-way slots are filled.

Hornets Waive Kai Jones

October 11th, 2023 at 3:59pm CST by Rory Maher

The Hornets have waived former first-round pick Kai Jones, according to Shams Charania of The Athletic (Twitter link). The team confirmed the news in a press release.

Jones had been away from the Hornets – with no timetable for a return – for personal reasons. The decision for him not to attend training camp was made after the 22-year-old made a series of unusual social media posts, calling out some of his teammates in a handful of tweets and videos.

The No. 19 overall pick in the 2021 draft, Jones averaged just 2.7 points and 2.0 rebounds in 9.1 minutes per game across 67 total appearances in his first two professional seasons. He had a much bigger role at the G League level, averaging 17.2 points, 9.9 rebounds, 1.2 steals and 2.1 blocks in 38 regular season games with the Greensboro Swarm — Charlotte’s affiliate — from 2021-23.

A 6’11” big man from the Bahamas, Jones publicly requested a trade a couple days ago. The Hornets decided to release him instead, and they will be on the hook for his full $3,047,880 salary for 2023/24 if he goes unclaimed on waivers. Charlotte also declined its fourth-year team option on Jones — worth $4,693,735 — as part of the move.

Charlotte originally acquired Jones’ rights in a draft-night trade with the Knicks. The first-round pick the Hornets sent New York as part of that deal still hasn’t conveyed and will be lottery-protected in 2024 and 2025. If it hasn’t conveyed by then, it will turn into two second-round picks.

As our roster count shows, the Hornets now have 20 players under contract, with all three two-way slots filled.

It’s worth noting that the Hornets have three players — Edmond Sumner (Exhibit 9), Frank Ntilikina ($200K partial guarantee) and JT Thor — on non-guaranteed contracts, not counting their players on Exhibit 10 deals. The odds of all three players making the opening night roster likely increased now that Jones is out of the picture, since Charlotte only has 12 players on guaranteed standard deals.