Utah Jazz Rumors | Hoops Rumors

Jazz Sign Jairus Lyles To Exhibit 10 Contract

July 12th, 2018 at 8:06pm CST by Arthur Hill

8:06pm: Lyles has an Exhibit 10 contract, according to Jones (Twitter link). He can make between $5K and $50K if he is waived by the Jazz, is assigned to the team’s G League affiliate and spends at least 60 days there.

JULY 12, 6:57pm: The Jazz have signed UMBC guard Jairus Lyles, the team announced on its website. Terms of the deal were not released, so it’s not clear if Lyles will receive any guaranteed money.

It’s not a two-way contract, tweets Tony Jones of the Salt Lake Tribune, who suggests it’s a path to get Lyles to the organization’s G League affiliate.

The 23-year-old is playing for Utah’s team in the Las Vegas Summer League, posting 11 points, four rebounds and four assists in his only appearance. He also played in two games in the Utah Jazz Summer League.

Lyles gained national prominence after his UMBC team upset top-seeded Virginia in this year’s NCAA Tournament. He put up a 20.2/5.5/3.5 line in 33 games with the Retrievers.

Cavaliers Notes: White, Doncic, Parker, Love

July 12th, 2018 at 5:03pm CST by Arthur Hill

Okaro White has a chance to win a roster spot with the Cavaliers, but first he has to overcome the effects of a broken left foot he suffered in November, writes Joe Vardon of Cleveland.com. White’s foot has fully healed, but he is still struggling with the psychological aspects of the injury and admits he’s “babying” it.

“I just gotta get through,” said White, who is part of the Cavaliers’ entry in the Las Vegas Summer League. “I’m old enough, I’m not young anymore, so I gotta get over it [mentally] and try to find a way to showcase my ability.”

White started four games for the Heat before the injury, but it wound up ending his season. He was shipped to the Hawks at the trade deadline, then signed with the Cavs in March, but never took the court for either team. The 25-year-old forward has a non-guaranteed $1,544,951 contract for 2018/19.

There’s more news out of Cleveland:

The Cavaliers passed on an opportunity to trade up on draft night and snag Luka Doncic, Vardon reports in a separate story. A source tells Vardon that Cleveland had an offer from Atlanta that included the No. 3 pick and Kent Bazemore, who will make more than $18MM next season with a $19.27MM option for 2019/20. However, the Cavs wanted Collin Sexton and were confident they could get him at No. 8.
With LeBron James gone, the Cavaliers should take a gamble on Jabari Parker, according to Greg Swartz of Bleacher Report. The second player taken in the 2014 draft, Parker could become a dynamic scorer and rebounder if he can fully bounce back from his second ACL surgery. Swartz suggests Cleveland should use its $8.6MM mid-level exception to offer Parker a two-year contract. That would give him $13.3MM more in guaranteed money than if he accepts his $4.3MM qualifying offer with the Bucks, and it would put him back on the open market in 2020 when he’ll only be 25. Swartz recommends a few other moves for the Cavs, including re-signing Rodney Hood, working out an extension with Larry Nance Jr., trying to trade veterans such as J.R. Smith and Tristan Thompson and taking on unwanted contracts to stockpile draft picks.
Chris Fedor of Cleveland.com suggests several trades involving Kevin Love, listing the Trail Blazers, Heat, Lakers, Suns and Jazz as possible destinations.

Warriors Sign Jonas Jerebko

July 12th, 2018 at 2:55pm CST by clarkcrum

JULY 12: The Warriors have officially signed Jerebko, the team announced today in a press release. The one-year deal with be worth the veteran’s minimum.

As Mark Medina of The San Jose Mercury News tweets, Golden State’s offseason roster activity figures to be almost over. The team has 13 players under contract and is expected to bring back Patrick McCaw. The Dubs will likely keep their 15th roster spot open to begin the regular season in order to save some money and retain flexibility.

JULY 7: Free agent Jonas Jerebko, who was waived by the Jazz earlier today, plans to sign with the Warriors after he clears waivers on Monday, per Adrian Wojnarowski of ESPN.

Jerebko is expected to clear waivers, as any team who makes a waiver claim for Jerebko would be required to to guarantee his $4.2MM salary for this season. It was already reported by Wojnarowski earlier this morning that there was strong mutual interest between Jerebko and Golden State, so Jerebko’s plans come as no surprise.

Because the Warriors already used their taxpayer mid-level exception on DeMarcus Cousins, have no cap room, and will assuredly be above the apron this season, Jerebko will only be eligible to sign a one- or two-year deal at the minimum salary.

Western Notes: Capela, Stephenson, Jazz

July 10th, 2018 at 9:33pm CST by ChrisCrouse

The Rockets and Clint Capela may not be that far apart in negotiations toward a new deal, as Jonathan Feigen of the Houston Chronicle (Twitter link) is hearing that the team’s initial offer was not as low as previously reported. Sources tell Feigen that the July 1 offer was for $85MM over five years with Capela having the ability to earn up to $90MM based on incentives.

Rumors claiming the center wanted an offer in the neighborhood of $100MM over four years, similar to Steven Adams‘ pact, surfaced recently. Previous reports had Houston offering approximately $60MM over four years.

One source tells Feigen that the Rockets are optimistic about reaching a deal. Houston has the ability to match any offer, as Capela is a restricted free agent.

Here’s more from the Western Conference:

Magic Johnson said he consulted LeBron James before bringing Lance Stephenson, Rajon Rondo, and JaVale McGee to the Lakers, as Mike Bresnahan of Spectrum SportsNet relays (Twitter link). “LeBron’s won championships, been to eight straight Finals. You think Rob [Pelinka] and I are not going to ask him? No, we’re going to definitely ask him his opinion because he knows those players better than us,” Johnson said.
Stephenson said the Lakers want him to “bring intensity” every night, as Spectrum SportsNet’s Mike Trudell passes along (Twitter link). The 27-year-old wing officially signed his one-year deal today.
Chemistry was a major reason why the Jazz decided to keep their core intact. “Chemistry is a hard thing,” GM Dennis Lindsey said (via the Associated Press). “It’s a hard thing to predict. You can get five great people in the room and have it just not click for whatever reason, so we didn’t want to overthink that.”

Jazz Have Kicked Tires On Nick Young

July 9th, 2018 at 1:37pm CST by Luke Adams

Free agent swingman Nick Young has received some interest from the Kings, Grizzlies, Rockets, Cavaliers, Jazz, and Timberwolves, among others, tweets Darren Wolfson of 5 Eyewitness News. According to Wolfson, Young views Minnesota as as “good opportunity” but the club’s interest hasn’t been as aggressive as it was a year ago.

Jazz To Guarantee Ekpe Udoh’s 2018/19 Salary

July 9th, 2018 at 7:23am CST by Luke Adams

The Jazz have informed center Ekpe Udoh and his representatives that they intend to keep him on their roster, guaranteeing his salary for the 2018/19 season, league sources tell Tony Jones of The Salt Lake Tribune.

Udoh, 31, returned to the NBA in 2017 after a two-season absence, inking a two-year deal with the Jazz. However, that contract was only guaranteed for the first year. Utah could have avoided the second-year guarantee for Udoh by waiving him today. Instead, his $3.36MM salary will become guaranteed.

Udoh didn’t have a significant role with the Jazz in 2017/18, averaging just 12.6 MPG in 63 contests. However, he showed off his impressive shot-blocking ability in those limited minutes, posting 1.2 BPG. As Jones writes, the big man also provided veteran leadership to younger teammates in the locker room.

With Udoh set to return, Utah’s roster for 2018/19 is all but set, according to Jones. The Jazz entered the offseason with seven players on guaranteed contracts. They’ve subsequently drafted Grayson Allen, re-signed Derrick Favors, Dante Exum, and Raul Neto, and guaranteed salaries for Thabo Sefolosha and Udoh.

Royce O’Neale‘s non-guaranteed salary is also a lock to be guaranteed, which increases the club’s roster count to 14 players, leaving one spot on the projected 15-man roster. For now, David Stockton occupies that spot, but he also doesn’t have a guaranteed salary. If the Jazz do add a 15th man in Stockton’s place, it figures to be a younger player, sources tell Jones.

Georges Niang, who is a two-way restricted free agent for the team, could be a candidate for that last roster spot based on his Summer League play so far.

Contract Details: Exum, Favors, Neto

July 8th, 2018 at 6:54pm CST by Luke Adams

Dante Exum can technically only earn the full $33MM on his three-year deal with the Jazz if he maxes out his incentives. The base value of the deal is $9.6MM per year, but it can drop to $9.1MM annually or increase to $11MM depending on his bonuses (Twitter link).
Derrick Favors can earn up to $18.8MM per year in his deal with the Jazz, or as little as $16MM annually (Twitter link). The cap hit for now is $16.9MM per year, with a July 6 guarantee date for year two.
Raul Neto‘s pact with the Jazz also includes modest incentives — he has an annual cap charge of $2.15MM, which can increase or decrease by $50K depending on his bonuses (Twitter link). Neto’s second year has a July 6 guarantee date.

Jazz Waive Jonas Jerebko

July 7th, 2018 at 11:06am CST by Luke Adams

The Jazz have officially waived Jonas Jerebko, the team announced today in a press release. He’ll become a free agent on Monday, assuming he goes unclaimed.

Jerebko’s 2018/19 salary was still non-guaranteed, but would’ve become fully guaranteed if Jerebko had remained on Utah’s roster through Monday. As a result of the move, the Jazz will clear the forward’s full $4.2MM cap hit from their books.

The move comes as a bit of a surprise, since Jerebko had a solid season as a reserve for the Jazz in 2017/18. In 74 games (19 starts), the 31-year-old averaged 5.8 PPG on .466/.414/.807 shooting, stretching the floor from the power forward spot.

Waiving Jerebko won’t free up any cap room for the Jazz, but it’ll create more breathing room below the tax line, perhaps opening up an opportunity for the team to use a chunk of its mid-level exception.

Utah’s offseason so far has been primarily focused on bringing back incumbent free agents, with Derrick Favors, Dante Exum, and Raul Neto inking new deals. Thabo Sefolosha had his 2018/19 salary guaranteed, and the Jazz will still need to make a decision on Ekpe Udoh, whose $3.36MM would also become guaranteed next week.

Jazz Re-Sign Derrick Favors

July 6th, 2018 at 11:55am CST by Luke Adams

JULY 6, 11:55am: The Jazz have officially re-signed their top free agent priority for the summer, the team announced on its website. Favors has been with Utah longer than anyone else currently on the roster and is the 12th player to reach 500 games for the franchise. The Jazz also finalized deals with Dante Exum and Raul Neto.

JULY 2, 2:02pm: The Jazz and free agent big man Derrick Favors have reached an agreement on a new contract that will keep Favors in Utah, reports Tony Jones of The Salt Lake Tribune (Twitter links).

League sources tell Jones that the deal will be for two years, while agent Wallace Prather informs Shams Charania of Yahoo Sports (Twitter link) that it’ll be worth $36MM. Michael Scotto of The Athletic adds (via Twitter) that Favors’ earnings over two years could exceed $37MM via incentives.

However, the second year on the agreement will be non-guaranteed, according to Jones (Twitter link). That will allow Utah to retain flexibility for 2019, when several contracts could come of the club’s books.

Favors, who will turn 27 later this month, enjoyed a strong bounce-back season for the Jazz in 2017/18 after an injury-plagued 2016/17 campaign. In 77 games (all starts) last season, Favors averaged 12.3 PPG, 7.2 RPG, and 1.1 BPG with a career-best .563 FG%.

While Favors probably isn’t an ideal frontcourt partner for Rudy Gobert, given their overlapping skill sets, the duo found a way to make it work last season. Favors also provides the Jazz with rim protection and rebounding at the five when Gobert is on the bench — or when Gobert misses time due to injury, as he did last season.

Favors reached his decision after meeting with the Jazz in Atlanta for a few hours on Sunday. According to Eric Woodyard of The Deseret News (via Twitter), “a couple” other teams were in the mix for the veteran.

With Favors back in the fold, the Jazz – who are focusing on internal growth and development – figure to focus on retaining point guards Dante Exum and Raul Neto. The team will also have decisions to make soon on the non-guaranteed salaries for Jonas Jerebko and Ekpe Udoh, which would become guaranteed next week.

Photo courtesy of USA Today Sports Images.

Nigel Williams-Goss To Sign With Olympiacos

July 4th, 2018 at 7:01pm CST by clarkcrum

The Jazz’ 2017 second-round draft pick, Nigel Williams-Goss, has agreed to terms on a new, three-year contract with EuroLeague club Olympiacos, reports Emiliano Carchia of Sportando.

We heard in May that the 23-year-old guard out of Gonzaga had drawn attention from a number of EuroLeague teams for next season, so the deal comes as no surprise, especially after Utah re-signed Raul Neto.

Williams-Goss, who played for the Jazz in last year’s summer league, spent last season with Serbian club Partizan.