Transactions Rumors | Hoops Rumors

Trail Blazers Sign, Waive Ashton Hagans

October 1st, 2023 at 8:05pm CST by Rory Maher

OCTOBER 1: The Blazers officially signed and then waived Hagans, according to the NBA transactions log.

He was on an Exhibit 10 deal, meaning if he joins the G League’s Rip City Remix and remains with that team for 60 days, he could earn a bonus up to $75K.

AUGUST 18: The Trail Blazers are signing free agent guard Ashton Hagans to a one-year deal, according to Chris Haynes of TNT and Bleacher Report (Twitter link).

Hagans, who played college ball at Kentucky prior to going undrafted in 2020, spent part of 2020/21 — his rookie season — on a two-way contract with the Timberwolves. However, he only appeared in two games with Minnesota for a total of four minutes prior to being waived in February 2021.

The Raptors signed Hagans to an Exhibit 10 contract in October 2021, waiving him almost immediately. He spent ’21/22 playing for their NBA G League affiliate, the Raptors 905.

Last season, the 24-year-old played for the Hornets’ NBAGL affiliate, the Greensboro Swarm, holding modest averages of 6.8 points, 4.6 assists, 3.2 rebounds and 1.2 steals in 30 regular season games (21.1 minutes).

Haynes didn’t reveal the terms of Hagans’ contract, but it’s highly likely to be a training camp deal featuring an Exhibit 10 clause. If Hagans is waived before the ’23/24 starts, he could receive a bonus worth up to $75K if he spends at least 60 days with Portland’s new G League affiliate, the Rip City Remix.

The Blazers currently only have 14 players under contract — 12 on guaranteed standard deals, and a pair on two-way contracts.

Trail Blazers Sign Skylar Mays To Two-Way Deal

October 1st, 2023 at 5:49pm CST by Alex Kirschenbaum

7:49pm: The move is official, the Blazers announced in a press release.

3:45pm: The Trail Blazers are bringing back free agent combo guard Skylar Mays on a two-way deal, his agent Mark Bartelstein informs Adrian Wojnarowski of ESPN (Twitter link).

Sean Highkin of The Rose Garden Report tweets that Mays has been working out at Portland’s practice facility throughout the offseason.

The 6’4″ vet appeared in just six contests with the Trail Blazers in 2022/23 after inking a 10-day deal. He put up big numbers in those 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.

Mays was drafted with the No. 50 pick by the Hawks in 2020 out of LSU, but failed to carve out a major rotation role during his two seasons in Atlanta. He split most of the 2022/23 season between the Sixers’ NBAGL affiliate, the Delaware Blue Coats, and the Capitanes de Ciudad de México, before latching on in Portland.

Wizards Sign Jules Bernard, Waive Dejan Vasiljevic

October 1st, 2023 at 5:42pm CST by Dana Gauruder

The Wizards have signed Jules Bernard to an Exhibit 10 contract and placed Dejan Vasiljevic on waivers, the team tweets.

Bernard went undrafted in 2022 out of UCLA. He spent most of last season with the Wizards’ NBA G League affiliate, the Capital City Go-Go. He averaged 15.3 points, 4.6 rebounds and 2.3 assists in 32 G League games.

The 6’6” swingman appeared in four games for Washington’s Summer League team in July. He had a brief stint with the Pistons last year before getting waived during training camp.

Vasiljevic agreed to an Exhibit 10 contract two weeks ago. The former Miami Hurricanes guard has played for the Sydney Kings of Australia’s NBL since 2020 after going undrafted by NBA clubs.

In 36 games last season, Vasiljevic averaged 13.4 points, 4.3 rebounds and 1.8 assists per game. The 26-year-old opted out of his contract with the Australian club following the season.

If he clears waivers and joins the Wizards’ G League team for 60 days, he’ll be eligible for a bonus up to $75K.

Spurs Sign Charles Bediako

October 1st, 2023 at 4:12pm CST by Alex Kirschenbaum

The Spurs have officially signed free agent rookie center Charles Bediako, according to Keith Smith of Spotrac (Twitter link).

Bediako’s agreement with San Antonio was initially reported soon after the draft. Terms of the agreement have not yet been disclosed, though an Exhibit 10 training camp deal seems likely.

The seven-footer enjoyed a decorated NCAA run at Alabama. He was a 2023 SEC All-Defense and All-SEC Tourney honoree as a sophomore. During his two years with the program, Bediako posted averages of 6.6 PPG, 5.2 RPG, 1.7 BPG, 0.7 APG and 0.6 SPG in 19.3 MPG.

Assuming Bediako has signed an Exhibit 10 deal, he could see that agreement converted to a two-way contract or, more likely, be waived by the club ahead of the regular season. He would then become eligible for a bonus worth up to $75K should he log 60 days or more with the Spurs’ NBAGL affiliate, the Austin Spurs.

Celtics Land Jrue Holiday In Trade Involving Robert Williams, Malcolm Brogdon

October 1st, 2023 at 3:33pm CST by Arthur Hill

3:33pm: The Celtics have officially announced the acquisition of Holiday in a press statement.

11:02am: The Celtics will acquire Jrue Holiday from the Trail Blazers in exchange for Robert Williams, Malcolm Brogdon and draft assets, tweets ESPN’s Adrian Wojnarowski.

The draft picks are Golden State’s first-rounder in 2024 and Boston’s unprotected first-rounder in 2029, sources tell Wojnarowski. The Warriors’ pick is top-four protected.

The Celtics were among Holiday’s preferred destinations after he was sent from Milwaukee to Portland in the Damian Lillard deal, Woj adds. He notes that Boston had to make a significant offer to beat out several teams that were pursuing the 33-year-old guard.

Holiday will make roughly $35MM this season and holds a $37.4MM player option for 2024/25. The Celtics are believed to want to work a long-term deal, and he will become eligible for an extension during the second half of the season, tweets Bobby Marks of ESPN.

Marks also points out that the trade with Portland wouldn’t be permitted next year because Boston will be above the second apron. He notes that teams in that position have an incentive to maximize their assets before the strictest provisions in the new CBA take effect.

The addition of Holiday provides the Celtics with an emphatic answer to the Bucks’ acquisition of Lillard on Wednesday. Those two trades position Boston and Milwaukee as the clear favorites for the top seed in the Eastern Conference.

Holiday will help replace the tough defensive presence the Celtics lost when they traded Marcus Smart to Memphis. He can share ball-handling duties with Derrick White and won’t have to be a full-time point guard like he was with the Bucks.

Boston has a hole to fill with the loss of Williams, but the team holds a $6.2MM trade exception that it could use in its search for a replacement, points out Yossi Gozlan of HoopsHype (Twitter link). If the Celtics can’t find a big man they like, they could use they exception on another player and try to use him in a trade for a center in two months.

After facing a limited market for Lillard throughout the summer, the Trail Blazers have radically reshaped their roster with a pair of deals. In addition to Brogdon and Williams, Portland also acquired Deandre Ayton and Toumani Camara, along with three total first-rounders and a pair of pick swaps with Milwaukee.

Brogdon has two years left on his contract at $22.5MM each season, while Williams will make $11.6MM and $12.4MM over the next two years. Portland plans to hold onto Williams and pair him with Ayton in the frontcourt, Wojnarowski tweets. He adds that teams have expressed interest in Brogdon throughout the summer, and he seems to be a logical trade candidate with the Blazers committed to their young guards.

The Clippers, who nearly traded for Brogdon when the Celtics acquired Kristaps Porzingis, are an obvious choice to pursue him now, tweets Andrew Greif of The Los Angeles Times. Greif also hears that the competition for Holiday came down to L.A. and Boston.

Clippers Waive Jason Preston

October 1st, 2023 at 2:40pm CST by Alex Kirschenbaum

Clippers point guard Jason Preston is being waived by L.A., reports Law Murray of The Athletic (Twitter link). The team has officially confirmed the move.

Preston’s $1.8MM non-guaranteed salary for 2023/24 would have become fully guaranteed had he remained with the club through Sunday. Earlier this week, team president of basketball operations Lawrence Frank had indicated that the Clippers were still considering whether or not to retain Preston into training camp.

John Hollinger of The Athletic tweets that this move had been anticipated given that L.A. already has 15 players on guaranteed standard contracts. Hollinger adds that the 6’4″ guard may have intriguing upside as a two-way signing somewhere. The Clippers currently have all three of their two-way slots occupied.

Preston, 24, was selected with the No. 33 pick in the 2021 draft out of Ohio, but missed the entirety of what would have been his rookie campaign in 2021/22 after undergoing a preseason foot surgery. He appeared in a scant 14 games for the Clippers in 2022/23, averaging 2.9 PPG, 1.9 APG and 1.6 RPG across 8.9 MPG.

That said, Preston showed some promise with his club’s G League team in 2022/23. In 21 games with L.A.’s NBAGL affiliate, the Ontario Clippers, Preston averaged 16.7 PPG, 6.7 APG, 5.2 RPG and 0.7 SPG. He posted a shooting line of .486/.372/.844.

Kings Sign, Waive James Akinjo

September 30th, 2023 at 10:00pm CST by Rory Maher

10:00pm: The Kings have waived Akinjo, per RealGM’s transactions log.

3:02pm: The Kings have signed free agent guard James Akinjo to a training camp deal, a league source tells Keith Smith of Spotrac (Twitter link). The signing is official, according to RealGM’s transactions log.

The terms of the deal were not disclosed, but training camp contracts typically feature an Exhibit 10 clause. If that’s the case here, Akinjo would receive a $75K bonus if he’s waived before the season starts and spends at least 60 days with the Sacramento’s NBA G League affiliate in Stockton.

A couple weeks ago, Stockton acquired Akinjo’s returning player rights in a G League trade with the Westchester Knicks. That strongly suggests his new contract was designed for him to head to Stockton in 2023/24.

A 6’1″ point guard, Akinjo played four college seasons with Georgetown, Arizona and Baylor, respectively, prior to going undrafted in 2022. He signed an Exhibit 10 deal with the Knicks last fall and was waived prior to ’22/23.

Akinjo, 22, averaged 14.4 PPG, 6.3 APG, 3.3 RPG and 1.3 SPG in 20 regular season games (29.4 MPG) with Westchester last season, posting a .439/.340/.769 shooting line.

The Kings now have 20 players under contract.

Grizzlies Sign Mulder, Hurt; Waive Christopher, Todd

September 30th, 2023 at 6:32pm CST by Arthur Hill

The Grizzlies have signed guard Mychal Mulder and forward Matthew Hurt, the team announced on Twitter. Guard Josh Christopher and forward Isaiah Todd were waived to make room on the roster.

Mulder, 29, has 84 games of NBA experience with the Warriors, Magic and Heat. He spent last season in the G League with Sioux Falls, where he led the league by making 129 three-pointers.

Hurt, 23, played for the Grizzlies’ G League affiliate last season, averaging 13.9 points, 3.9 rebounds and 1.3 assists in 45 G League Showcase and regular season games with the Memphis Hustle.

The Grizzlies acquired Christopher from the Rockets in the five-team trade in July that sent Dillon Brooks to Houston. Christopher, 21, was the 24th pick in the 2021 draft and averaged 6.9 points, 1.9 rebounds and 1.6 assists in 138 games during his two seasons with the Rockets. Christopher’s $2.5MM salary for the upcoming season is guaranteed, so Memphis will be on the hook for the full amount unless he’s claimed on waivers.

Todd, 21, spent the past two seasons with the Wizards and came to Memphis in July in a trade with the Suns. His $1.8MM salary for 2023/24 is also guaranteed.

Today’s moves should clarify the Grizzlies’ roster situation heading into training camp. With Christopher and Todd gone, Memphis is down to 15 fully guaranteed contracts.

Spurs Buy Out Reggie Bullock

September 30th, 2023 at 6:23pm CST by Arthur Hill

6:23pm: The Spurs announced that Bullock has been waived, McDonald tweets.

4:09pm: The Spurs and veteran swingman Reggie Bullock have reached an agreement on a contract buyout, tweets Shams Charania of The Athletic. Several contending teams are expected to pursue Bullock once he clears waivers, Charania adds.

There’s no word on how much money Bullock gave up in the buyout, but he had one year remaining on his contract at $10.5MM.

There was speculation that Bullock might be competing for a roster spot with Cedi Osman, who was acquired from the Cavaliers during the offseason, according to Jeff McDonald of The San Antonio Express-News. Bullock’s departure seems to increase Osman’s chances of staying with the team, McDonald adds.

San Antonio acquired Bullock in July as part of the three-team deal that sent Grant Williams from Boston to Dallas. The Spurs also received the option to swap first-round picks with the Mavericks in 2030. Because of the trade, Dallas is the only team that won’t be eligible to sign Bullock once he becomes a free agent.

Bullock, 32, spent the past two seasons with Dallas, serving as a part-time starter. His scoring average fell to 7.2 PPG last season, the lowest since 2018/19, but he still shot 38% from three-point range. It’s his ability to stretch defenses that will make him popular on the open market.

The Spurs were Bullock’s seventh team in his 10 NBA seasons. The Clippers made him the 25th overall pick in 2015, but the only place he stayed for more than two years was Detroit.

The move eases the roster crunch for San Antonio, which has 16 players remaining on guaranteed contracts. At least one of them will have to be waived or traded before opening night.

Pacers Sign, Waive Elfrid Payton, Jordan Bell

September 30th, 2023 at 3:00pm CST by Rory Maher

SEPTEMBER 30: The Pacers have waived both Payton and Jordan Bell, per a press release. Bell was also signed to an Exhibit 10 contract. Indiana now has 18 players on its roster.

SEPTEMBER 29: The Pacers have signed free agent point guard Elfrid Payton, the team announced in a press release.

While the terms of the deal were not disclosed, Scott Agness of Fieldhouse Files tweets that the deal was designed for Payton to return to the Mad Ants, Indiana’s NBA G League affiliate. That strongly suggests Payton received an Exhibit 10 contract, which would entitle him to a bonus worth up to $75K if he’s waived before the season starts and spends at least 60 days with the Mad Ants.

A former lottery pick (10th overall in 2014), Payton appeared in 500 regular season games over eight seasons with the Magic, Suns (twice), Pelicans and Knicks. His last NBA stint came back in 2021/22 with Phoenix, when he averaged a career-low 11.0 minutes over 50 games with the Suns.

Last season, Payton had a brief stint playing professionally in Puerto Rico before joining the Mad Ants to finish out the campaign. In 10 regular season games (20.5 minutes) with the Mad Ants, the 29-year-old averaged 7.9 points, 6.0 assists, 3.9 rebounds and 1.4 steals, with a subpar .424/.286/.333 shooting line.

Payton reportedly had workouts with the Hornets and Timberwolves this offseason, but was unable to find an NBA contract. Instead, he’ll reportedly be heading back to the Mad Ants to open ’23/24.

The Pacers now have 20 players under contract, including 15 on guaranteed standard deals and all three two-way slots filled.