Utah Jazz Rumors | Hoops Rumors

Northwest Notes: Murray, Nuggets, Trent, Joe, Sharpe, Markkanen

July 12th, 2024 at 9:58am CST by Luke Adams

Shams Charania reported back on June 27 that the Nuggets and Jamal Murray were “working toward” a four-year, maximum-salary contract extension, with the team expected to make the offer and the star guard expected to accept it. Over two weeks later, there’s still no deal in place.

A report earlier this week indicated that the Nuggets and Murray will likely wait until after the Olympics to finalize an agreement, and the 27-year-old Canadian essentially confirmed as much when asked this week by Troy Renck of The Denver Post about his contract situation.

“When we get there, we get there,” Murray said after the Canadian team lost an exhibition game to Team USA in Las Vegas on Wednesday. “I’m playing games right now for Canada, so that’s not on my mind.”

A maximum-salary extension for Murray, who is entering the final year of his current deal, would be worth a projected $207.85MM over four seasons.

Here’s more from around the Northwest:

Gary Trent Jr. isn’t a viable target for the Nuggets in free agency, according to Harrison Wind of DNVR Sports (Twitter link), who hears that the 25-year-old swingman isn’t interested in accepting a minimum-salary contract and that there may not be much interest on Denver’s side anyway.
Isaiah Joe‘s new four-year, $48MM contract with the Thunder includes a fourth-year team option and has a descending salary structure, tweets Michael Scotto of HoopsHype. Joe’s cap hit in 2024/25 will be $12,991,650 before dipping to $12,362,338 in ’25/26, with third- and fourth-year salaries of $11,323,006.
Although he attended Team Canada’s pre-Olympic training camp this summer, Trail Blazers guard Shaedon Sharpe wasn’t in the mix for a spot on the 2024 Paris roster. But Sharpe, who has been medically cleared following his core muscle surgery in February, is in Canada’s future plans, head coach Jordi Fernandez tells Sean Highkin of Rose Garden Report (Substack link). “We value him as an important player in the future, being a big part of this program,” Fernandez said. “We don’t only care about this tournament. We care about AmeriCup and the World Cup and L.A. in 2028. We want Shaedon to be a part of that.”
Andy Larsen of The Salt Lake Tribune takes a closer look at the Lauri Markkanen situation in Utah, exploring why the Jazz might be motivated to move the star forward and what they could reasonably expect to get in return.

Warriors Showing Patience In Pursuit Of Lauri Markkanen

July 9th, 2024 at 6:55pm CST by Dana Gauruder

The Warriors haven’t given up in their pursuit to acquire Jazz forward Lauri Markkanen but they’re willing to wait and see how the process plays out, Anthony Slater of The Athletic reports.

Markkanen, who has an expiring $18MM contract, becomes extension-eligible on Aug. 6. From what Slater is hearing, the Jazz plan to renegotiate-and-extend Markkanen by using their remaining cap space.

If Markkanen signs that type of contract on that date, he would still be eligible to be traded at the February deadline. However, if he signs any time after that (beginning on Aug. 7), he’d be ineligible to be dealt during the season due to the league’s six-month trade restriction on renegotiated contracts. That provides some extra leverage for Markkanen, which could dictate whether he gets moved this offseason to the Warriors or another suitor.

The Kings made a strong push to acquire Markkanen last week but they were unwilling to give up Keegan Murray in a proposed deal. Instead, they made a substantial picks-based offer. They put a deadline on pursuing a trade with Utah and the Jazz didn’t meet it, so Sacramento pivoted to a sign-and-trade for DeMar DeRozan.

The Warriors don’t feel that type of urgency, Slater continues. They’re comfortable with the 14-man roster they current have with the free agent additions of De’Anthony Melton, Kyle Anderson and Buddy Hield. There’s no room financially under the hard cap to fill the 15th spot.

Golden State appears, on paper, to need one more impact player to be a legitimate contender again. But Slater’s sources tell him that the front office and ownership don’t feel compelled to make that type of move right away unless the right opportunity comes along. It’s also noted that the front office is increasingly willing to add future first-round picks and make pick swaps in trade offers.

The Warriors are currently below the tax aprons but above the tax line. Owner Joe Lacob is still willing to spend to remain competitive.

Lindy Waters III and Gui Santos have non-guaranteed deals but the Warriors currently plan to keep both of those reserves. Second-round pick Quinten Post is expected to sign a two-way contract, Slater adds.

Suns Notes: Durant, Okogie, Lowry, Morris, Kessler, Plumlee

July 9th, 2024 at 4:13pm CST by Luke Adams

Despite both Suns owner Mat Ishbia and general manager James Jones shooting down the notion that the team is entertaining the idea of trading Kevin Durant, ESPN’s Stephen A. Smith advised viewers on draft day to “pay no attention” to what the Suns were saying publicly, suggesting that the franchise wanted to move the star forward.

Speaking to Vincent Goodwill of Yahoo Sports, Durant didn’t name Smith specifically, but appeared to reference that comment in dismissing the trade rumors that keep popping up around him.

“You could just press the ‘KD wants to leave’ button anytime you want some attention,” Durant said. “Yes, it’s a button. What else is gonna get people going around this time? Besides, ‘Oh, the journeyman is leaving again.’ That story is always gonna hit.

“… For somebody to say, ‘Phoenix wants to get out of the KD (business),’ I’m sitting here like, where is this coming from?” he continued. “It bothers me that people lie like that and that the audience eats up the headline. I get sad when people buy into lies and just make up s–t. It’s bigger than ball at that point for me. I can’t control that. I feel for people. It’s a bad practice to have when you just believe anything, for one. Just believe what you see on TV. And then it’s another bad habit when you’re just lying.”

Durant will turn 36 this September and could be entering the final stage of his Hall of Fame career, but he told Goodwill that he’s not thinking about retirement yet and suggested he’d be comfortable transitioning into a lesser role during his twilight years as a player.

“I just love to play the game. If it’s a good situation, if I’m still enjoying the game of basketball, my goal is to play this (game) till the wheels fall off, for whatever role that is, so we’ll see,” Durant said.

Here’s more on the Suns:

Team USA head coach Steve Kerr told reporters on Tuesday that Durant, who missed his fourth consecutive with a calf strain, won’t play in Wednesday’s exhibition vs. Team Canada (Twitter link via Tim Bontemps of ESPN).
The Suns continue to work on re-signing free agent wing Josh Okogie and remain engaged in talks with veteran guard Kyle Lowry, according to Gerald Bourguet of PHNX Sports (Twitter links). If Lowry ends up signing elsewhere – Bourguet suggests a return to the Sixers is in play – then Phoenix would be “more than comfortable” with Monte Morris in the backup point guard role, since he was one of the team’s top three offseason targets, says Bourguet.
Responding to an inquiry about whether the Suns could trade for Walker Kessler, John Gambadoro of Arizona Sports 98.7 rejects the idea, tweeting that the Jazz have already declined offers from two separate teams that featured two first-round picks apiece for the young center.
In a story for GoPHNX.com, Bourguet takes a closer look at what veteran big man Mason Plumlee will bring to the Suns, outlining why he’s a clear upgrade over Drew Eubanks at the five.

Atlantic Rumors: Trent, Quickley, Knicks, Kessler, Bertans, Celtics

July 9th, 2024 at 10:25am CST by Luke Adams

Although the Raptors haven’t entirely closed the door on the possibility of bringing back free agent wing Gary Trent Jr., his return appears increasingly unlikely based on how the team’s offseason has played out, says Josh Lewenberg of TSN.ca.

As Lewenberg observes, Toronto sacrificed much of its cap flexibility by taking on salary in a trade with the Kings and exercising Bruce Brown‘s team option. The club also added a wing in the first round of the draft, selecting Ja’Kobe Walter with the 19th overall pick. The 15-man roster is now full, with little breathing room below the luxury tax line.

When the Raptors’ negotiating window with Trent opened last month, they were willing to offer him an annual salary in the neighborhood of $15MM, a source tells Lewenberg, but the swingman’s camp was seeking a raise on last year’s $18.5MM salary, possibly up to $25MM or so.

Toronto wasn’t prepared to meet that price, and it doesn’t look like there are any rival suitors who will go that high either. One league insider tells TSN that Trent would be lucky at this point to receive the full mid-level exception (worth about $12.9MM). The Raptors no longer have on offer on the table for the 25-year-old, according to Lewenberg.

Here’s more from around the Atlantic:

The Jazz and Spurs, among other teams, had “real” interest in restricted free agent guard Immanuel Quickley before he agreed to sign a five-year, $175MM contract with the Raptors, Lewenberg writes, which is one reason why that deal came in higher than expected. Quickley’s new deal will be worth a flat $35MM across all five seasons, Lewenberg adds, so it’ll start at just under 25% of the salary cap in 2024/25 but that percentage will drop each year as the cap increases.
Echoing previous reporting, Ian Begley of SNY.tv (Twitter video link) confirms that the Knicks have inquired on Walker Kessler, but says he’d be surprised if New York makes a deal for the third-year center, given the Jazz‘s asking price, which includes “at least” a first-round pick.
The Knicks are among the teams that have expressed some level of interest in free agent sharpshooter Davis Bertans, sources tell Michael Scotto of HoopsHype (Twitter link).
After the Celtics officially re-signed centers Xavier Tillman, Luke Kornet, and Neemias Queta, director of player personnel Austin Ainge said he’s “extremely grateful” to have all those players back and suggested that one or more of them could have landed more lucrative deals elsewhere. “We had some guys turn down more money other places to come back,” Ainge said, according to Brian Robb of MassLive.com. “It feels really good that guys we care about a lot to come back and go for another run.”

Kessler Ready To Dominate Summer League

July 8th, 2024 at 10:42pm CST by Dana Gauruder

Given his strong rookie season, Walker Kessler might seem a little out of place on the Jazz‘s Summer League squad. After a disappointing sophomore campaign, the third-year center wants to reestablish himself as a major defensive factor. He told the Salt Lake Tribune’s Andy Larsen that improving his body had been his No. 1 overall focus in the two months since the season ended. “I’m going into it with the mentality of, ‘I’m gonna be dominant.’ I’m gonna show what I’ve been working on and I’m looking forward to it,” Kessler said.

Kings Notes: Monk, DeRozan, Triano, Markkanen

July 7th, 2024 at 5:40pm CST by Dana Gauruder

Malik Monk might have found a better offer on the open market but he was content to stay with the Kings on a four-year, $78MM contract. Monk choose comfort over a few more dollar signs.

“It just felt right. Everything felt right,” Monk told Jason Anderson of the Sacramento Bee and other media members. “I don’t go anywhere and feel uncomfortable. I go everywhere and feel comfortable, and that’s a home, I feel like, so I’m back.”

Monk might have received close to $25MM per year and a starting role with some teams. Instead, he’ll likely resume his role as sixth man on the Kings. Monk informed the team 10 days before free agency began that he was staying put.

“Being a team player,” Monk said. “I could have took my money somewhere, but it felt like home here. Letting the organization know early was the least I could do, for sure, because we need a few more pieces and they’re looking for a few more pieces, so I think they’re doing their job.”

We have more on the Kings:

The Athletic’s John Hollinger is conflicted over the Kings’ decision to pursue a sign-and-trade for DeMar DeRozan. The addition of DeRozan probably doesn’t vault them into the top five in the Western Conference, even during the regular season, Hollinger opines. However, they’re too good to tank, so there’s nothing wrong with upgrading the team methodically for a future run at the title.
The team’s recruitment of DeRozan included having Jay Triano, the Kings’ lead assistant coach and DeRozan’s first NBA head coach, at the airport, according to The Athletic’s Anthony Slater. De’Aaron Fox also played a key role in DeRozan’s recruitment. DeRozan agreed to a three-year, $74MM deal with the third season partially guaranteed.
In the same story, Slater notes that the Kings made a strong pitch early last week to acquire the Jazz’sLauri Markkanen in a trade. However, they were unwilling to give up Keegan Murray in a proposed deal. Instead, they made a substantial picks-based offer. They put a deadline on pursuing a trade with Utah and the Jazz didn’t meet it. There’s growing skepticism league-wide that Jazz executive Danny Ainge will actually move Markkanen, Slater adds.

Western Notes: Carter, Suns, Nunez, Thunder, Jazz

July 5th, 2024 at 9:02pm CST by Luke Adams

Kings first-round pick Devin Carter will miss both the California Classic and Las Vegas Summer Leagues due to a left shoulder injury, writes Jason Anderson of The Sacramento Bee (subscription required).

General manager Monte McNair acknowledged after drafting Carter last week that the former Providence guard was dealing with a shoulder ailment and said the Kings’ doctors would be taking a closer look at it. While the injury will keep Carter out of action this month, McNair expressed confidence that it’s “not a long-term issue.”

The No. 13 overall pick told The Sacramento Bee that he suffered the injury in a pre-draft workout. Asked if he’s feeling pain or discomfort, Carter replied, “I’m feeling fine. I just want to get the team doctor’s opinion and go from there.”

Here’s more from around the Western Conference:

Within a story grading the Suns‘ re-signing of Damion Lee, Gerald Bourguet of PHNX Sports says the team remains interested in bringing back Josh Okogie on a new deal worth more than the minimum. Phoenix currently has just one open spot on its 15-man roster, but Bourguet hears from a source that waiving a player like David Roddy or Nassir Little might be a possibility if Okogie is re-signed and another top free agent target (possibly Kyle Lowry) is available. I’d be pretty shocked if the Suns cut Little, who has three guaranteed years left on his contract, but Roddy isn’t owed any guaranteed money beyond this season.
Spurs second-round pick Juan Nunez appears unlikely to sign an NBA contract immediately. A report from Spanish outlet Encestando (hat tip to Sportando) suggests Nunez is on track to join Barcelona on a deal that will give him the option to leave for the NBA next summer. The Spanish point guard was the No. 36 selection in last week’s draft.
In a pair of stories for The Oklahoman, Joel Lorenzi explores Isaiah Hartenstein‘s fit in Oklahoma City and examines what the Thunder‘s roster will look like after trading for Alex Caruso and adding Hartenstein in free agency. Lorenzi, who is projecting Caruso to start and Hartenstein to come off the bench, suggests the veteran center’s play-making and screening will help make the offense more versatile, which the Thunder could’ve used in this year’s playoffs.
The Lauri Markkanen trade rumors are a reflection of the Jazz‘s awkward current position, according to Andy Larsen of The Salt Lake Tribune (subscription required). As Larsen details, if they hang onto Markkanen, the Jazz risk winning too many games next season to have a legitimate shot at landing a future star in the 2025 draft; but there are no guarantees they’ll be able to draft that future star even if they do trade him, and going that route would further delay their timeline for contending.

Trade Rumors: Markkanen, DeRozan, Young, Cavaliers

July 5th, 2024 at 4:09pm CST by Rory Maher

The Jazz continue to listen to trade offers for Lauri Markkanen, according to ESPN’s Zach Lowe (subscriber link), who hears from sources who say the Heat are among the teams interested in the star forward.

As Lowe writes, Markkanen’s situation is complicated because he’s on a below-market contract that will pay him $18MM in 2024/25, which is the final season of his contract. That makes a standard contract extension – which can’t start above 40% of his current salary – unlikely. Rival teams may not be willing to give up a major haul of assets with no guarantees that the 27-year-old would stick around beyond next season.

Utah could potentially get more value in return for Markkanen in several months if the team renegotiates and then extends his contract. However, that scenario is also tricky.

As Marc Stein details (Substack link), Markkanen becomes eligible for a renegotiation and extension on August 6, but he won’t be trade-eligible for six months if he signs a new deal. That means if he signs the extension on the first day he’s eligible to, he would only be eligible to be traded for one day during the season: February 6, the day of the deadline. If the extension is signed on August 7 (or later), Markkanen would not be eligible to traded during the upcoming season.

While it’s not surprising that the Heat have shown interest in the Finnish star, Barry Jackson of The Miami Herald casts doubt (via Twitter) on the feasibility of the team actually acquiring him. As Jackson notes, Utah has placed a high asking price in previous talks with Miami, which lacks future first-round picks to offer.

One team interested in Markkanen seems confident that he’ll eventually be traded, per Stein. Utah’s own 2025 first-round pick is top-10 protected, so the Jazz could be incentivized to tank ahead of a strong draft class. Utah has also struggled to acquire a second star to build the roster around him.

Here are some more trade rumors from around the NBA:

The Kings appear to be the frontrunner to acquire DeMar DeRozan in a sign-and-trade with the Bulls, according to ESPN’s Adrian Wojnarowski, who made the comments on SportsCenter (Twitter video link; hat tip to RealGM). However, Wojnarowski said a third team would likely to be need to be involved to absorb salaries, as Chicago is reluctant to add to its payroll. A six-time All-Star, DeRozan remains the top free agent left on the market.
According to Lowe, the trade market for Hawks point guard Trae Young “is as chilly as it has ever been.” Sources tell Lowe that the Spurs and Lakers — two teams linked to Young — haven’t expressed much recent interest in the three-time All-Star. Lowe says San Antonio appears unmotivated to help Atlanta regain control of its own first-round picks in a deal for Young.
Lowe hears rumors of Darius Garland potentially requesting a trade from the Cavaliers following Donovan Mitchell‘s extension have “quieted,” which confirms a report from his ESPN colleague Brian Windhorst. According to Lowe’s sources, the Cavs are still on the hunt for a 3-and-D wing, with Nets forwards Cameron Johnson and Dorian Finney-Smith worth monitoring, though Cleveland only has one tradable first-round pick (2031). Stein has also heard that center Jarrett Allen will likely be difficult to acquire after Kenny Atkinson was hired as head coach, which means the Cavs could have the same core together entering next season.

Jazz Sign Taevion Kinsey To Two-Way Contract

July 5th, 2024 at 3:22pm CST by Rory Maher

3:22pm: Kinsey has officially signed his two-way contract, according to the NBA’s transaction log. It’s a two-year deal, Hoops Rumors has learned.

8:08am: Free agent guard Taevion Kinsey has agreed to a two-way contract with the Jazz, sources tell Shams Charania of The Athletic and Stadium (Twitter link).

Kinsey, 24, went undrafted in 2023 after playing five college seasons at Marshall. As a “super senior” for the Thundering Herd in 2022/23, he averaged 22.1 PPG, 5.4 APG, 4.9 RPG and 1.7 SPG on .542/.404/.744 shooting in 32 games (37.8 MPG), earning Sun Belt Player of the Year for his efforts.

A 6’5″ wing, Kinsey signed a training camp deal with Utah last summer and was waived in October before the ’23/24 season began. He wound up signing a 10-day contract with the Jazz in March, but he didn’t appear in a game.

Kinsey spent the grand majority of his first pro season playing for the Jazz’s NBA G League affiliate, the Salt Lake City Stars. In 50 Showcase Cup and regular season games with the Stars (29.6 MPG), he averaged 10.8 PPG, 3.2 RPG and 2.1 APG while posting a strong shooting line of .555/.427/.780.

Latest On Lauri Markkanen

July 4th, 2024 at 8:16am CST by Luke Adams

A report earlier this week indicated that the Warriors and Spurs are considered the most serious trade suitors for Lauri Markkanen, but they’re not the only teams in the running for the Jazz forward, as Tony Jones of The Athletic confirmed on Wednesday during an appearance on Sactown Sports 1140 (Twitter video link).

“Sacramento is very interested. Sacramento has what the Kings think is a strong offer on the board,” Jones said (hat tip to Bleacher Report). “But at the end of the day, the only thing that matters is what the Jazz think. Utah’s stance on Lauri is the same and it has been the same for a long time: We don’t want to trade Lauri, so you’re going to have to make us trade him.”

In the latest episode of the No Cap Room podcast, Jake Fischer of Yahoo Sports (YouTube link) also mentioned the Kings as a legitimate suitor for Markkanen.

“The Sacramento Kings, to my knowledge, earlier this week were close to a deal. I do think that, based off of conversations I’ve had,” Fischer said. “I can’t say more than that, but there were calls made to people around the NBA that would have indicated that talks have been legitimate there.”

Utah pursued Mikal Bridges before Brooklyn agreed to send him to New York and envisioned adding more impact talent in free agency if they were able to land the Nets’ standout three-and-D forward and pair him with Markkanen, according to Jones. But with Bridges off the board and no obvious opportunities left to upgrade the roster in the short term, Jones wouldn’t be surprised if Utah pivots to trying to keep its top-10 protected pick in a strong 2025 draft.

Still, that wouldn’t necessarily mean trading Markkanen. As Jones points out, even with the former All-Star on the roster, the Jazz project to be among the worst teams in a competitive Western Conference, so they could extend him while continuing to add and develop young talent around him.

Rival teams, recognizing that the Jazz could benefit long-term from leaning even further into their rebuild, are pursuing Markkanen in the hopes of convincing Utah to make a deal, but the price will be high. A previous report suggested the return would probably have to be similar in value to what Brooklyn got for Bridges (four unprotected first-round picks, an unprotected pick swap, and one more lightly protected first-rounder, with only expiring salary attached).

The Warriors and Kings aren’t in position to offer that many draft picks, but they have young players who could be included to strengthen their bids (though Sacramento reportedly remains resistant to including former No. 4 overall pick Keegan Murray in any deal).

“There’s been a lot of noise the last few days and that’s because teams have ramped up,” Jones said. “They’ve actually put tangible offers on the table. Sacramento has a tangible offer on the table; the Golden State Warriors have a tangible offer on the table. The San Antonio Spurs, they’ve expressed a lot of interest.

“To my knowledge, 20 teams around the league have called one way or another about Lauri in the offseason for the Jazz. Interest obviously is there, obviously the noise is there. It’s just a matter of does it meet Utah’s threshold? And it’s going to be a very, very high threshold to have to meet to get the Jazz to trade him.”

Fischer agreed that actually prying Markkanen out of Utah will be difficult.

“I’ve still been told that Utah prefers to keep Lauri and renegotiate and extend him,” he said. “They can’t do that though until August 6, so why not spend the next month fielding offers, and telling the Kings, ‘Yeah, we’d do it if you give us Keegan Murray,’ and telling the Warriors, ‘Yeah, give us three picks and Podz (Brandin Podziemski) and whatever.’ … It doesn’t hurt to listen.

“I still don’t think he’s going to get traded. As someone told me (Jazz general manager) Justin Zanik told them, Utah is conducting their business with a 10% chance they’re going to move him.”