Transactions Rumors | Hoops Rumors

Warriors, Rudy Gay Agree To One-Year Deal

September 27th, 2023 at 10:35am CST by Luke Adams

The Warriors and free agent forward Rudy Gay are in agreement on a one-year contract, agent Sam Permut tells Adrian Wojnarowski of ESPN (Twitter link). According to Wojnarowski, Gay will compete in training camp for a spot on Golden State’s regular season roster.

Gay, 37, spent the last two seasons in Utah and exercised a player option to guarantee his $6.48MM salary for 2023/24. However, he was traded twice this offseason – first to Atlanta in the John Collins deal and then to Oklahoma City as part of a package for Patty Mills – and was subsequently waived by the Thunder, making him an unrestricted free agent in July.

A 17-year veteran who regularly averaged in the neighborhood of 20 points per game during stints in Memphis, Toronto, and Sacramento earlier in his career, Gay has seen his playing time and his production decline in recent seasons.

His 5.2 points, 2.9 rebounds, and 14.6 minutes per game in 56 appearances with the Jazz in 2022/23 were all career lows, as were his 38.0% field goal percentage and a 25.4% mark on three-point tries.

Still, Gay put up decent scoring numbers off the bench for several years prior to last season, so the Warriors – who were identified in July as one of several clubs to register interest in the forward and were rumored to be in the market for a wing – will take a flier on him this fall to see what he still has left in the tank.

Golden State currently has 13 players on fully guaranteed contracts and a pair on two-way deals, so the club could technically carry three additional players into the regular season — two on standard contracts and one on a two-way pact. However, Gay is ineligible to be a two-way player and it’s unclear whether the Warriors intend to fill all 15 of their standard roster slots. Leaving the 15th spot open would give the Dubs more in-season flexibility and would help reduce their end-of-season luxury tax bill.

If the Warriors only carry 14 players on standard contracts to open the season and don’t trade or waive anyone with a guaranteed salary, Gay would have to beat out fellow veteran wing Rodney McGruder and any other camp invitees for that final spot.

The full terms of Gay’s one-year deal aren’t yet known, but it will be worth the veteran’s minimum, which is all Golden State can offer. We’ll have to wait to see whether it includes any guaranteed money.

Pacers Sign Craig Sword, Pedro Bradshaw To Camp Deals

September 26th, 2023 at 3:08pm CST by Luke Adams

The Pacers have signed free agent guards Craig Sword and Pedro Bradshaw to training camp contracts, according to RealGM’s transaction log. The club now has 20 players under contract.

Tony East of SI.com (Twitter link) previously reported that Sword would be getting an Exhibit 10 contract from Indiana, while marketing agency RBA Showcase (Twitter link) confirmed Bradshaw’s signing.

In all likelihood, both Sword and Bradshaw will end up as returning rights players for the Indiana Mad Ants (formerly the Fort Wayne Mad Ants), the Pacers’ G League affiliate. Bradshaw played for the team last season, while Sword was a member of the Capital City Go-Go who had his rights acquired earlier this month by the Mad Ants.

An NBAGL veteran who has appeared in more than 200 games at that level, Sword averaged 7.8 points, 3.5 rebounds, and 1.1 steals in 22.2 minutes per game last season in 43 appearances for the Go-Go, with a solid shooting line of .566/.387/.725. Bradshaw was a role player for the Mad Ants, averaging 9.2 PPG and 6.0 RPG on .507/.423/.763 shooting in 45 appearances (20.0 MPG).

Both players will earn bonuses worth up to $75K if they’re waived by the Pacers before the regular season and then spend at least 60 days with the Mad Ants.

Wolves Sign Trevor Keels To Training Camp Deal

September 26th, 2023 at 3:07pm CST by Rory Maher

SEPTEMBER 26: Minnesota has officially signed Keels, according to RealGM’s transaction log.

SEPTEMBER 25: The Timberwolves plan to sign free agent guard Trevor Keels to a training camp contract, sources tell Jon Krawczynski of The Athletic (Twitter link).

The 42nd pick of the 2022 draft after one college season at Duke, Keels spent his rookie season on a two-way contract with the Knicks, who gave him a qualifying offer in June to make him a restricted free agent. Keels accepted his QO this summer to return to New York on a two-way deal, but his stint only lasted a week, as he was waived to make room for Dylan Windler.

Keels, 20, only appeared in three games for the Knicks in 2022/23 for a total of eight minutes. He was a starter for their G League affiliate in Westchester, however, averaging 13.9 points, 3.4 assists, 2.8 rebounds and 1.0 steal in 25 regular season games (30.2 minutes). He posted a shooting line of .425/.355/.710.

While the terms of the contract were not disclosed, Keels’ agreement with Minnesota likely features an Exhibit 10 clause, which would entitle him to a bonus worth up to $75K if he spends at least 60 days with the team’s G League affiliate, the Iowa Wolves. However, his NBAGL rights are currently held by the Knicks, so Iowa will have to make a trade with the Westchester Knicks — New York’s affiliate — to acquire his returning player rights.

Exhibit 10 contracts can also be converted into two-way deals, and the Timberwolves currently have one two-way opening, though they also have a two-way qualifying offer out to RFA Matt Ryan.

Once Keels is officially under contract, the Timberwolves will have 19 players on their roster, as our tracker shows.

Nets Sign Scottie Lindsey

September 26th, 2023 at 2:37pm CST by Luke Adams

The Nets have signed free agent shooting guard Scottie Lindsey to a training camp contract, according to announcements from the team and marketing agency RBA Showcase (Twitter link).

Lindsey, 27, has played primarily in the G League since going undrafted out of Northwestern in 2018, spending time with the Grand Rapids Drive, Erie BayHawks (now the Birmingham Squadron), Windy City Bulls, and Maine Celtics. He has also played in professional leagues in Portugal and Canada.

Last season, Lindsey appeared in a total of 44 regular season and Showcase Cup games for Maine, averaging 11.3 points and 3.7 rebounds in 24.3 minutes per contest with a shooting line of .435/.332/.860.

The Long Island Nets – Brooklyn’s G League affiliate – announced on Monday that they acquired the returning rights for Lindsey and A.J. Reeves from the Maine Celtics in exchange for the returning rights to Jordan Bowden and Noah Kirkwood, so it’s safe to assume the Nets view Lindsey as a player who will eventually suit up for their NBAGL squad.

Assuming Lindsey’s new deal with the team includes Exhibit 10 language, which is very likely, he’ll earn a bonus worth up to $75K if he spends at least 60 days with Long Island after being waived by Brooklyn.

The Nets, who have been busy making roster moves this week with an eye toward the G League season, now have 20 players under contract.

Matt Ryan Returns To Timberwolves On Two-Way Deal

September 26th, 2023 at 2:25pm CST by Luke Adams

2:25pm: Ryan has officially re-signed with the Wolves on a two-way contract, per NBA.com’s transaction log. As we relayed in a separate story, Ryan’s roster spot for the regular season isn’t necessarily safe, as he’ll have to compete with Minnesota’s camp invitees to retain his two-way spot.

7:57am: After remaining on the restricted free agent market for nearly three months, swingman Matt Ryan is signing a two-way contract to return to the Timberwolves, sources tell Shams Charania of The Athletic (Twitter link).

Ryan opened last season on a non-guaranteed contract with the Lakers, but was waived at the start of December and quickly caught on with the Timberwolves on a two-way deal, finishing the season in Minnesota.

He appeared in 35 total games for the two Western clubs in 2022/23, averaging 3.6 points in 9.1 minutes per game while making 38.1% of his three-point attempts.

Ryan’s ability to hit outside shots – he’s a career 40.1% three-point shooter in 37 G League regular season appearances – helped earn him a qualifying offer from the Timberwolves in June that made him a restricted free agent. He had the option of accepting that QO, equivalent to another one-year, two-way contract, or seeking out an offer sheet from a rival suitor, which Minnesota could have matched.

Given that he’s remaining with the Wolves, it appears Ryan was unable to find a viable offer from another team this summer. He was one of two restricted free agents still on the market, along with fellow two-way RFA Theo Maledon of the Hornets.

Once Ryan officially re-signs, Minnesota will have filled all three of their two-way slots. Luka Garza and Jaylen Clark are the other two Wolves on two-way deals.

Kelly Oubre Signs One-Year Contract With Sixers

September 26th, 2023 at 12:29pm CST by Dana Gauruder

SEPTEMBER 26: Oubre has officially signed with the Sixers, the team confirmed today in a press release. Philadelphia announced in the same release that it has waived Marcus Bagley. The corresponding move was necessary because the team had a full 21-man roster.

SEPTEMBER 18: Veteran forward Kelly Oubre is signing a one-year contract with the Sixers, ESPN’s Adrian Wojnarowski tweets.

Oubre was one of the last prominent free agents on the market. He struggled to find a contract to his liking in free agency despite averaging a career-best 20.3 points to go along with 5.2 rebounds, 1.1 assists and 1.4 steals per game in 48 appearances (32.3 MPG) last season with the Hornets.

He’s signing for the veteran’s minimum, Derek Bodner of PHLY Sports tweets. Having been in the league for eight seasons, Oubre is in line for a salary of $2,891,467.

Oubre spent the last two seasons in Charlotte and has also had stints with Washington, Phoenix and Golden State. In 527 career games, he has averaged 12.8 points in 25.8 minutes. The main drawback in his offensive game remains his spotty 3-point shooting (33.0% for his career, 31.9% last season).

The addition of Oubre will give the Sixers a full 21-man camp roster. If his deal is fully guaranteed, it would give Philadelphia 14 players on fully guaranteed contracts.

Given the uncertainty of James Harden‘s status, Oubre could be in line for major minutes. Philadelphia has a projected lineup of Harden, Tyrese Maxey, Tobias Harris, P.J. Tucker and Joel Embiid. Their wing depth consists mainly of Furkan Korkmaz, Danuel House and De’Anthony Melton.

The Sixers were not among the teams rumored to be interested in Oubre. The Cavaliers, Mavericks and Heat were mentioned, but this could be an even better opportunity for him.

Celtics Sign Lamar Stevens To Non-Guaranteed Deal

September 26th, 2023 at 11:55am CST by Luke Adams

SEPTEMBER 26: The Celtics have officially signed Stevens, per RealGM’s transaction log. He received a non-guaranteed Exhibit 9 contract, Hoops Rumors has learned.

SEPTEMBER 22: The Celtics have reached an agreement with free agent forward Lamar Stevens, reports Shams Charania of The Athletic (Twitter link).

Stevens spent the last three seasons in Cleveland after going undrafted out of Penn State in 2020. He appeared in 62 games last season, starting 25 of them and averaging 18.1 minutes per night. The 26-year-old recorded 5.3 PPG and 3.3 RPG on .448/.316/.702 shooting and was one of Cavaliers’ most reliable perimeter defenders.

After having his non-guaranteed team option picked up by the Cavs, Stevens was included as an outgoing piece in the three-team deal that sent Max Strus to Cleveland via sign-and-trade. He received a $400K partial guarantee and landed in San Antonio in that transaction, but was waived later in July by the Spurs before his $1.9MM+ salary for 2023/24 became fully guaranteed.

Stevens was said last week to be drawing interest from a handful of teams, including Houston, Miami, and Minnesota, but he ended up agreeing to sign with the Celtics after working out for the club in August.

The details of Stevens’ agreement with the Celtics aren’t yet known. Boston is currently carrying just 11 players on fully guaranteed salaries, with Dalano Banton, Svi Mykhailiuk, and Luke Kornet on non-guaranteed or partially guaranteed minimum-salary deals. It wouldn’t be a surprise if Stevens signs a similar contract, perhaps with a partial guarantee in the ballpark of the ones Banton and Mykhailiuk received ($200K apiece).

Nets Sign Kyler Edwards, Waive Two Players

September 26th, 2023 at 9:20am CST by Luke Adams

The Nets have made a handful of moves affecting the back of their offseason roster, signing Kyler Edwards and waiving Jordan Hall and Keifer Sykes, per the team.

Edwards, 24, went undrafted out of Houston in 2022 and spent his rookie season playing for the Motor City Cruise, the Pistons’ G League affiliate. In 41 regular season and Showcase Cup appearances for the Cruise, the 6’4″ shooting guard averaged 11.5 points, 4.0 rebounds, and 2.9 assists in 25.6 minutes per contest, posting a shooting line of .397/.335/.738.

Hall and Sykes had been on Exhibit 10 contracts and Edwards’ new contract will almost certainly be an Exhibit 10 deal as well. The terms of those deals make them eligible to earn bonuses worth up to $75K if they spend at least 60 days this season with the Long Island Nets, Brooklyn’s NBAGL team.

Long Island has acquired the returning rights to all three players, so Edwards – like Hall and Sykes – figures to be waived before the regular season begins and will likely start the year in the G League.

Brooklyn has 19 players under contract following its latest roster moves, including 13 on guaranteed salaries and a pair on two-way deals.

Clippers Sign Brodric Thomas To Exhibit 10 Contract

September 26th, 2023 at 7:49am CST by Luke Adams

The Clippers have signed free agent shooting guard Brodric Thomas, according to RealGM’s log of official NBA transactions. The agreement was first reported by Law Murray of The Athletic (Twitter link), who says it’s an Exhibit 10 deal.

Thomas, 26, appeared in a total of 44 NBA regular season games from 2020-22 for the Rockets, Cavaliers, and Celtics, averaging 3.3 points and 1.4 rebounds in 10.4 minutes per contest.

Although his impact at the NBA level has been limited, Thomas has played well in the G League, averaging 16.1 points, 6.3 rebounds, 3.7 assists, and 1.6 steals in 31.9 minutes per game across 36 regular season appearances for three NBAGL teams. He posted a .436/.384/.714 shooting line in those games.

Thomas played for the Clippers’ Summer League team in Las Vegas this July and now seems likely to end up with the Ontario Clippers, Los Angeles’ G League affiliate. His Exhibit 10 contract would put him in line for a bonus worth up to $75K if he’s waived by L.A. and then spends at least 60 days with Ontario.

Thomas could also be a candidate to fill one of the Clippers’ two-way contract slots. His Exhibit 10 deal can be converted into a two-way anytime up until the day before the regular season, and L.A. has an open spot alongside Jordan Miller and Moussa Diabate.

The Clippers now have 20 players under contract.

Warriors To Sign Rodney McGruder

September 25th, 2023 at 3:38pm CST by Rory Maher

The Warriors are signing free agent wing Rodney McGruder, sources tell Shams Charania and Anthony Slater of The Athletic (Twitter link). The veteran guard/forward will be competing for a standard roster spot in training camp, Charania adds.

McGruder, 32, is a seven-year NBA veteran, appearing in 317 regular season games with the Heat, Clippers and Pistons over that span. He has spent the past three seasons with Detroit.

McGruder’s on-court time has been limited in recent seasons — he appeared in 99 games for an average of 14.9 MPG during his Pistons tenure. However, he had solid production when he did play, averaging 5.5 PPG and 2.1 RPG on a .441/.412/.768 shooting line from 2020-23.

A former Kansas State Wildcat, McGruder was reportedly a highly respected locker-room leader for the Pistons, which is part of the reason why they kept bringing him back. Detroit renounced his rights this summer in order to maximize its cap space.

Slater previously reported the Warriors were prioritizing another wing (instead of a big man) to add to their roster ahead of training camp. McGruder will be part of that equation for now.

At a press conference on Monday, GM Mike Dunleavy Jr. said the team was still exploring its options with the final standard roster spots, which suggests McGruder might be on a non-guaranteed or partially guaranteed deal.

“We’re open and I think that’s a great position to be in where we have flexibility and can evaluate … We don’t have our sights set on one thing,” Dunleavy said, per ESPN’s Kendra Andrews (Twitter link).

The Warriors currently have 13 players on standard contracts and a pair of players — Lester Quinones and Usman Garuba — on two-way deals. McGruder will fill the 14th spot once his deal is official.