Transactions Rumors | Hoops Rumors

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.

Hawks Sign Chris Silva

September 25th, 2023 at 3:19pm CST by Rory Maher

The Hawks have signed free agent big man Chris Silva, the team announced in a press release.

Silva, 27, has appeared in 70 NBA games over four seasons with the Heat, Kings, Timberwolves and Mavericks, holding career averages of 2.8 PPG and 2.7 RPG in 7.6 MPG.

A 6’8″ power forward/center, Silva went undrafted out of South Carolina in 2019. He has spent most of his professional career with Miami, appearing in 64 games with the club.

Prior to 2022/23, Silva signed a non-guaranteed Exhibit 10 contract with the Hawks and was waived before the season started. That made him eligible for a bonus — on top of his G League salary — after he spent 60-plus days with Atlanta’s NBAGL affiliate, the College Park Skyhawks.

Silva signed a pair of 10-day deals with the Mavericks last season, marking his lone NBA action. His second 10-day deal with Dallas was cut short due to the addition of Justin Holiday, though Silva still received his full 10-day salary.

Atlanta currently has 15 players on guaranteed standard contracts and Silva is ineligible for a two-way deal. While the terms of his current agreement were not disclosed, he likely signed another Exhibit 10 contract to play for the Skyhawks again in 2023/24.

The Hawks now have 19 players on their roster, as our tracker shows.

Warriors Sign Usman Garuba To Two-Way Contract

September 25th, 2023 at 2:00pm CST by Luke Adams

SEPTEMBER 25: Garuba’s two-way contract is now official, the Warriors announced on Monday (via Twitter).

SEPTEMBER 15: The Warriors have agreed to sign free agent center Usman Garuba to a two-way contract, sources tell Shams Charania and Anthony Slater of The Athletic (Twitter link).

Golden State currently only has one player (Lester Quinones) on a two-way deal, leaving a pair of open slots, so no corresponding roster move will be necessary to create room for Garuba.

Garuba, 21, was the 23rd overall pick in the 2021 draft. He spent his first two years in the NBA with Houston, appearing in 99 total games for the Rockets and averaging 2.8 points and 3.9 rebounds in 12.2 minutes per night.

Garuba was included earlier this offseason in the five-team trade that landed Dillon Brooks in Houston. He was sent to the Hawks in that deal as a salary-matching piece, then was flipped to Oklahoma City as part of a trade package for Patty Mills. Oklahoma City subsequently waived him last month, making him an unrestricted free agent.

Garuba, who was born in Madrid and began his professional career with Real Madrid in 2017, represented Spain in the World Cup following his release from the Thunder, and reports last week indicated that a reunion with Real Madrid might be in the works. However, it seems the youngster will make every effort to try to stick in the NBA before seriously considering a return to his home country.

He’ll join a Warriors team that could use some additional frontcourt depth — outside of Kevon Looney and Draymond Green, there aren’t any centers on the roster, though forwards like Dario Saric and Trayce Jackson-Davis could perhaps handle the role in certain five-man lineups. The Dubs are said to be considering a handful of free agent big men, including Dwight Howard.

Garuba’s two-way deal will pay him $559,782 and will make him eligible to appear in up to 50 regular season contests. However, if the Warriors are carrying fewer than 15 players on standard contracts, they’ll only be able to use their two-way players for up to 90 combined games, as we explain in our glossary entry.

Jordan Bell To Sign Exhibit 10 Deal With Pacers

September 23rd, 2023 at 10:28am CST by Tristan Tucker

Free agent big man Jordan Bell is signing an Exhibit 10 deal with the Pacers, according to HoopsHype’s Michael Scotto (Twitter link).

Bell, 28, won an NBA championship with the Warriors in 2017/18 and has 161 games of NBA experience across five seasons with Golden State, Minnesota, Memphis, Washington and Chicago. The former Oregon big man holds career averages of 3.7 points and 3.1 rebounds per night.

The 6’8″ forward/center began his career in Golden State after being drafted with the No. 38 overall pick in the 2017 draft and spent the subsequent two seasons with the Warriors. Bell bounced around the league over the next few years, with his last NBA appearance coming with the Bulls in ’21/22 on a 10-day contract. He then played with the Guangzhou Loong Lions in China last season, appearing in 44 games, averaging 10.7 points, 8.9 rebounds, 2.0 steals and 2.0 blocks.

Scotto adds that Bell “will be a veteran leader” for the Indiana Mad Ants, the Pacers’ G League affiliate. Bell has 39 games of G League experience in the regular season and Showcase Cup, and he averaged 13.5 points with the Mad Ants last season.

If Scotto’s phrasing wasn’t enough indication that Bell is almost certainly headed to the G League, the Pacers also have what looks to be a set regular season roster. Barring a potential Buddy Hield trade, the Pacers have 15 players on standard, guaranteed contracts, as well as three players on two-way contracts. Indiana is also reportedly bringing Darius McGhee to training camp.

Bell’s Exhibit 10 deal will make him eligible for a bonus worth up to $75K if he’s waived by the Pacers and spends at least 60 days with the Mad Ants.