Orlando Magic Rumors | Hoops Rumors

Free Agent Rumors: Kings, Schröder, Horford, More

June 30th, 2025 at 8:52pm CST by Eli Cohen

Finding a point guard was a top priority for the Kings when free agency opened on Monday. According to NBA insider Chris Haynes (Twitter link), the team arranged meetings via Zoom with both Dennis Schröder and Russell Westbrook.

Sacramento was also planning to meet with Malcolm Brogdon, sources tell Jake Fischer of The Stein Line (Twitter link), who notes that the Wizards would be willing to accommodate a sign-and-trade deal involving Brogdon.

The Kings may end up adding more than one point guard, with Schröder looking like a lock to be one of them. Reports leading up to free agency indicated the two sides would likely agree to a two-year deal worth the full non-taxpayer mid-level exception, and Fred Katz of The Athletic (Twitter link) has since reported that Schröder will reach an agreement to sign with Sacramento.

Here are a few more free agent rumors from around the NBA:

Al Horford is commanding a lot of attention, reports HoopsHype’s Michael Scotto (via Twitter). Scotto says that the Warriors, Knicks, Nuggets, Lakers, and Cavaliers have all expressed interest in luring Horford away from the Celtics since free agency opened, but Boston is also interested in retaining him, especially after losing Luke Kornet earlier in the day to the Spurs.
After agreeing to sign Tyus Jones to be the team’s backup point guard, Tim Reynolds of the Associated Press hears that reserve big man Moritz Wagner is expected to return to the Magic (Twitter link). Orlando declined its team option on Wagner over the weekend, but retained his Bird rights. Jason Beede of the Orlando Sentinel echoes Reynolds’ report (via Twitter), saying that expects Wagner to re-sign with the Magic.
The Warriors feel good about their chances of re-signing restricted free agent forward Jonathan Kuminga, according to ESPN’s Marc Spears (Twitter video link). Spears says the money Kuminga and his representatives are looking for does not seem to be on the market this summer, which could result in him remaining in Golden State.

Magic To Sign Tyus Jones To One-Year Deal

June 30th, 2025 at 7:25pm CST by Eli Cohen

The Magic have agreed to a one-year, $7MM deal with free agent point guard Tyus Jones, Shams Charania reports for ESPN (Twitter link).

Yossi Gozlan of the Third Apron notes (via Twitter) that if the Magic intend to stay under the luxury tax, they will need to shed salary elsewhere.

As ESPN’s Bobby Marks tweets, Jones’ contract will come out of Orlando’s non-taxpayer mid-level exception, which will hard-cap the Magic at the first apron.

Jones played for the Suns last season, averaging 10.2 points and 5.3 assists while shooting 41.4% from three and 89.5% from the free throw line. He spent time as both a starter and a reserve for Phoenix as it searched for answers with an ill-balanced roster.

The 29-year-old Jones joins a rapidly improving Magic team as the backup point guard, bringing stability and depth to the backcourt rotation. He also reunites with former Grizzlies teammate Desmond Bane, having spent three seasons together in Memphis.

Jones provides injury insurance for Jalen Suggs, who has played 53 games or fewer in three of his four NBA seasons. A high-level shooter and decision-maker, Jones can slot into the starting lineup when needed and work as an off-ball player alongside star ball-handlers Paolo Banchero and Franz Wagner.

Free Agency Notes: Rockets, Ty. Jones, Heat, Raptors, More

June 30th, 2025 at 1:07pm CST by Rory Maher

The Rockets are diligently working secure meetings with Dorian Finney-Smith, Nickeil Alexander-Walker and Luke Kennard when free agency gets underway at 5:00 pm CT, according to Kelly Iko of The Athletic (Twitter link).

Houston is viewed as the frontrunner to land Finney-Smith after the veteran forward declined his $15.4MM player option and didn’t immediately work out a new deal with the Lakers. Marc Stein has reported multiple times that the Rockets are prepared to offer the 32-year-old a four-year deal worth most of the non-taxpayer mid-level exception.

Alexander-Walker, meanwhile, is expected to leave Minnesota after the Timberwolves agreed to lucrative new contracts with Naz Reid and Julius Randle. The Hawks have been rumored as the favorite to acquire the versatile guard, but several teams are said to be interested in his services.

Atlanta is also rumored to have interest in Kennard, who is the third-most accurate three-point shooter in NBA history at 43.8%. He has spent the past two-plus seasons in Memphis, but is expected to leave the Grizzlies in free agency.

Here are a few more free agency-related notes and rumors:

The Knicks could be a suitor for point guard Tyus Jones, per Ian Begley of SNY.tv (Twitter video link). “Tyus Jones is a name that I’m keeping an eye on,” Begley said. “Last summer, there was mutual interest…Jones was even willing to take a pay cut to come to New York. He ended up choosing Phoenix thinking it would be a very good situation for him — didn’t work out, so he’s back on the market.” New York can likely only offer the taxpayer mid-level exception or the veteran’s minimum, Begley notes.
The Magic also expressed prior interest in Tyus Jones and he could be a good fit with Orlando depending on how much money he’s seeking in free agency, according to Josh Robbins of The Athletic. If it’s not Jones, the Magic will likely look to add a different veteran point guard to improve their shooting and offense, Robbins writes.
Anthony Chiang of The Miami Herald released a guide for some of the options the Heat could explore in free agency. According to Chiang, guard Dru Smith is expected to return to Miami on a two-way deal after he was issued a two-way qualifying offer, but he has yet to accept that QO. Smith was on the verge of being promoted to a standard contract last season before suffering a torn Achilles tendon in late December.
As of now, Michael Grange of Sportsnet.ca expects the Raptors to be “fairly quiet” in free agency (Twitter link). Toronto will likely fill out the end of its roster with minimum-salary deals. A veteran extension for starting center Jakob Poeltl remains a possibility as well, Grange adds.
Zach Kram of ESPN.com lists seven “underrated players” who are about to hit the open market, including Chris Boucher, De’Anthony Melton and Gary Trent Jr.

Scotto’s Latest: Alexander-Walker, Richards, Capela, Kennard, Shamet

June 30th, 2025 at 10:34am CST by Arthur Hill

Echoing multiple reports, Michael Scotto of HoopsHype confirms that the Hawks and Pistons are considered to be the front-runners for Timberwolves guard Nickeil Alexander-Walker, but he lists other contenders as well. League sources tell Scotto that the Clippers and Raptors remain in pursuit of Alexander-Walker along with other teams. He adds that the Magic were also interested before trading for Desmond Bane.

Toronto may be a surprise considering its position near the bottom of the standings this year, but the Raptors are reportedly determined to make a quick turnaround. Scotto notes that Alexander-Walker is a Toronto native and the franchise has a history of bringing in Canadian players, with four on the roster this season.

Scotto talked with several executives around the league who expect Alexander-Walker to sign for at least the $14.1MM non-taxpayer mid-level exception. League sources told Scotto they don’t expect him to return to the Wolves after they reached new deals with Naz Reid and Julius Randle.

Scotto shares more rumors as the start of free agency draws near:

Center Nick Richards appears to be a trade candidate after the Suns drafted Khaman Maluach and agreed to acquire Mark Williams from Charlotte. Richards’ $5MM contract for next season became fully guaranteed on Sunday, and Scotto hears from league sources that the Knicks, Pacers and Lakers are among the teams with interest.
Clint Capela isn’t expected to return to the Hawks in the wake of the Kristaps Porzingis deal, and Scotto lists the Clippers, Lakers and Spurs as teams to watch for the free agent center.
Sources tell Scotto that Luke Kennard is likely to move on from the Grizzlies. The 29-year-old guard is one of the league’s top three-point shooters.
The Knicks would like to keep free agent guard Landry Shamet, but he’s being eyed by several contending teams, Scotto adds.

Stein/Fischer’s Latest: Jerome, Finney-Smith, Turner, Russell, T. Jones, Paul

June 30th, 2025 at 8:49am CST by Arthur Hill

The Grizzlies appear to be the leaders in the race to sign free agent guard Ty Jerome, according to Marc Stein and Jake Fischer of The Stein Line (Substack link). Jerome is coming off a breakout season, but his salary demands are too high for a Cleveland team on the brink of the second apron, so he’s considered a “lock” to leave in free agency. Stein previously mentioned Charlotte and Utah as other teams to watch for Jerome, but Memphis might be separating itself from the pack.

The main question, according to the authors, is how much the Grizzlies are willing to pay Jerome, who is believed to be seeking a deal starting around the $14.1MM non-taxpayer mid-level exception to Jerome. Memphis has been operating recently with the goal of creating enough financial flexibility to renegotiate and extend Jaren Jackson Jr. while matching any offers for restricted free agent forward Santi Aldama, so any offer for Jerome couldn’t get in the way of those goals.

League sources tell Stein and Fischer that the Grizzlies tried to find a taker for Cole Anthony over the weekend. Sending out Anthony’s $13.1MM contract could enable Memphis to acquire Jerome via sign-and-trade.

There’s more inside information from Stein and Fischer:

As reported on Sunday, the Rockets appear to be the top threat to sign Dorian Finney-Smith away from the Lakers. Houston has the $14.1MM MLE available, but the authors hear that its offer may cover four years at a little less than the full amount. L.A. is still hoping to re-sign the 32-year-old forward, who was a part-time starter after being acquired from Brooklyn in December. Finney-Smith turned down a $15.4MM player option on Sunday, and Stein and Fischer report surprise throughout the league that his announcement wasn’t accompanied by a new deal with the Lakers.
There’s “no tangible expectation” that Myles Turner will leave the Pacers in free agency, according to Stein and Fischer. There was some speculation that Indiana might reconsider a new deal with its starting center in the wake of Tyrese Haliburton‘s Achilles injury, but coach Rick Carlisle seemed to squash that when he said on a radio interview last week that re-signing Turner remains the team’s “No. 1 priority.”
The Mavericks are expected to use their $5.7MM taxpayer MLE to sign Nets guard D’Angelo Russell to a two-year deal, Stein and Fischer add. Even with that addition, which would be the team’s 15th standard contract, they state that Dallas still hopes to open a roster spot to re-sign Dante Exum. The authors expect the Mavs to search for a team willing to take on Olivier-Maxence Prosper‘s $3MM contract for next season. The 2023 first-round pick has a $5.3MM team option for 2026/27, so it’s potentially a one-year commitment.
The Magic‘s decision on Sunday to decline an $11MM option on Moritz Wagner and a $2.1MM option on Caleb Houstan could create an opportunity to sign free agent point guard Tyus Jones. If Jones leaves Phoenix, Stein and Fischer speculate it could lead to Chris Paul returning to the Suns, as they first reported on Sunday.

QO Updates: J. Walker, A. Mitchell, Two-Ways, Mann

June 30th, 2025 at 8:29am CST by Luke Adams

The Trail Blazers opted not to tender forward Jabari Walker a qualifying offer prior to Sunday’s deadline, reports Sean Highkin of The Rose Garden Report (Twitter link). As a result, Walker will become an unrestricted free agent.

Walker put up solid numbers in a limited role for Portland last season, averaging 5.2 points and 3.5 rebounds in 12.5 minutes per game, with a .515/.389/.690 shooting line, across 60 appearances. However, his playing time dropped off significantly from the previous year, a signal that the Blazers were prioritizing other young players over the 22-year-old.

Meanwhile, the Thunder issued Ajay Mitchell a qualifying offer, according to Keith Smith of Spotrac (Twitter link), who notes that it’s a procedural move for Oklahoma City, since the second-year guard has already agreed to sign a three-year, $9MM contract with the team. The QO will just ensure he’s a restricted free agent when free agency opens — he’ll be able to officially finalize that new deal on July 6.

The following players who finished the 2024/25 season on two-way contracts also received qualifying offers ahead of Sunday’s deadline, per Smith (unless otherwise indicated):

Branden Carlson, Thunder (link)
Jesse Edwards, Timberwolves (link)
Tyson Etienne, Nets (link)
Trentyn Flowers, Clippers (link)
Mac McClung, Magic (link)
Tristen Newton, Timberwolves (link)
Oscar Tshiebwe, Jazz (link via Tony Jones of The Athletic)

In each of these cases, the player’s qualifying offer is equivalent to another one-year, two-way deal, with a small portion (approximately $85K) guaranteed.

While a rival team could technically sign any of these players to an offer sheet during free agency, we essentially never see that happen with two-way free agents. Most of them end up either accepting their two-way QOs or agreeing to new standard contracts with their current teams.

While it’s possible that news of a qualifying offer slipped through the cracks within the last 24 hours, it appears that RealGM’s official transaction log is up to date with all of the QOs that were issued prior to Sunday’s deadline.

If that’s the case, one notable player who didn’t receive a qualifying offer is Hornets guard Tre Mann. His QO would have been worth about $6.96MM, but if Charlotte didn’t put it on the table, that means he’s on track to be unrestricted when free agency opens later today.

[UPDATE: Mann didn’t receive a qualifying offer, Michael Scotto of HoopsHype confirms (via Twitter).]

We’ll publish our full recap of 2025’s qualifying offer decisions later this morning.

Magic Decline Team Options On Moe Wagner, Caleb Houstan

June 29th, 2025 at 4:22pm CST by Eli Cohen

The Magic are declining the team options for Moritz Wagner and Caleb Houstan, reports ESPN’s Shams Charania (via Twitter), making the two players unrestricted free agents.

Wagner’s team option was for $11MM while Houstan’s was for $2.1MM. Turning down both will allow the Magic to retain some financial flexibility after they traded for Desmond Bane. Charania notes that the team retains both players’ Bird rights, meaning that a reunion remains possible for either or both of them.

Wagner has been with the Magic for over five seasons, and has averaged 10.5 points, 4.3 rebounds, and 1.3 assists while shooting 32.9% from three over the last four years as a reserve center. His 2024/25 season was cut short in December by a torn ACL, which he is still recovering from.

Wagner appeared well on his way to a career year in 2024/25, as he had averaged 12.9 points and 4.9 rebounds per game with a .360 3PT% through his first 30 contests. According to Michael Scotto of HoopsHype (Twitter link), the Magic have interest in bringing him back.

Houstan, the former 32nd pick in the 2022 draft, has been in and out of the rotation over his three seasons in Orlando, but has become a strong shooter at 6’8″ and is still only 22 years old. He converted a career-best 40.0% of his three-point tries in 2024/25.

Point Guard Rumors: Paul, Suns, Clippers, Hornets, Ty. Jones, Magic

June 29th, 2025 at 2:48pm CST by Luke Adams

A return to the Suns is a possible outcome for Chris Paul in free agency, according to Marc Stein and Jake Fischer of The Stein Line (Substack link).

As Stein and Fischer explain, the Suns are likely to be in the market for point guard help if Tyus Jones exits in free agency. Paul, meanwhile, is known to prefer to play closer to his family in Los Angeles. While an earlier report suggested the veteran point guard would like to play in L.A., it sounds like he’ll consider other options out west as well.

That doesn’t mean that playing with a Los Angeles team is off the table for Paul, however. According to Stein and Fischer, the Clippers are “weighing” a reunion with Paul, who played for the organization for six seasons from 2011-17. Even with James Harden expected to return, the Clips are known to be in the market for another guard, having been linked to Nickeil Alexander-Walker, among others.

While the Mavericks‘ interest in Paul has been reported for weeks, it doesn’t sound like CP3 is enthusiastic about spending another year in Texas, away his family, after playing in San Antonio in 2024/25. As Stein and Fischer note, there’s also a sense that the Mavs might be headed for a deal with D’Angelo Russell to address the point guard hole created by Kyrie Irving‘s ACL tear.

The Hornets had been mulling a run at Paul, a North Carolina native, but recognized that he was unlikely to have interest in playing for a rebuilding team so far away from his home, per Stein and Fischer. Charlotte pivoted to another veteran guard, having made a deal with Utah this afternoon to acquire Collin Sexton.

Meanwhile, with Jones seemingly headed for a split with the Suns, one of the teams with interest in him is the Magic, according to The Stein Line’s duo. While Jones wasn’t an ideal fit in Phoenix, the 29-year-old still put up solid offensive numbers, including 10.2 points and 5.3 assists per game with a 41.4% mark on three-point attempts.

Pistons, Clippers Eyeing Nickeil Alexander-Walker?

June 28th, 2025 at 1:00pm CST by Luke Adams

After the Timberwolves reached a five-year, $125MM contract agreement with big man Naz Reid on Friday, there’s a “growing belief” that they’ll bring back power forward Julius Randle on a new multiyear deal as well, reports Jake Fischer of The Stein Line (Substack link).

That might make Nickeil Alexander-Walker the odd man out in Minnesota, since re-signing the free agent guard to a market-value deal (perhaps in the range of the $14.1MM non-taxpayer mid-level exception) would push the Wolves’ salary well above the second tax apron, unless Randle takes a substantial pay cut.

According to Fischer, with Alexander-Walker’s future in Minnesota seemingly uncertain, the Pistons and Clippers have been continually identified as possible suitors for the veteran free agent guard. The Magic, who were previously identified as a team with potential interest in Alexander-Walker, are still being mentioned too, Fischer says, though their cap situation could complicate their ability to make a viable bid.

As Fischer details, it appears increasingly likely that Sacramento will make an aggressive play in free agency for Pistons free agent guard Dennis Schröder, so Detroit could look elsewhere for backcourt help and Alexander-Walker would make for an appealing target.

The Pistons have a few balls in the air, however. Sources tell Fischer that the club was prepared to make the roster moves necessary to put a competitive offer on the table for Reid before he agreed to re-sign with the Wolves. Detroit remains in the market for a floor-stretching big man, prompting Fischer to wonder if the front office might turn its attention to Santi Aldama, though the Grizzlies‘ power forward will be a restricted free agent.

The Pistons are also expected to work out a new multiyear deal with sharpshooter Malik Beasley, Fischer writes, despite only holding his Non-Bird rights. Given the team’s limited ability to offer a raise with the Non-Bird exception, Detroit would likely have to re-sign Beasley using cap room or its mid-level exception, which would further cut into the team’s spending flexibility.

As for the Clippers, the expectation is that they’ll be in the market for guard depth this summer. In Kris Dunn, L.A. already has one talented defensive stopper in its backcourt, but Alexander-Walker is more of an offensive threat than Dunn, having knocked down 38.6% of his three-point attempts over the past two seasons.

Depending on where a new contract for James Harden comes in, the Clippers should have their full non-taxpayer mid-level exception available this summer.

Southeast Notes: Jakucionis, Ware, Newell, White, Richardson, Penda

June 28th, 2025 at 8:24am CST by Earnest Marshall

New Heat guard Kasparas Jakucionis declined to conduct a pre-draft workout for the Heat because he thought he’d be off the board by the time they picked at No. 20, according to the Miami Herald’s Anthony Chiang. Miami also didn’t think Jakucionis, ranked in the top 10 on several big boards, would be available to them.

“We see tremendous potential with Kas,” Heat vice president of basketball operations and assistant general manager Adam Simon said. “You’re talking about a 6-5 [guard] with a plus-three [pointer], good athlete but with a high IQ. So if you combine all those things with a work ethic, there’s no reason why you can’t mold him into a very good NBA player. I think that’s why we were attracted to take him.”

The 6’5″ guard averaged 15.0 points, 5.7 rebounds and 4.7 assists per game in his first and only season at Illinois. He’ll serve as a lead play-maker and help assert Bam Adebayo and Kel’el Ware as lob threats and roll men. Jakucionis did average 3.7 turnovers per game last year, but the Heat downplayed concerns about that figure.

“Certainly the numbers are higher than you want, but he’s high usage and he’s processing things,” Simon said. “The turnovers were high, certainly. But I think they’re turnovers that you can work with. I think those are correctable, they’re teachable to see the game. But if you just watched all his film, he’s making good reads out there, he’s making plays.”

We have more from the Southeast Division:

The Heat are bullish on the future of Ware and this offseason is reflecting that, Chiang writes in another story. Ware was kept essentially off limits in Kevin Durant trade talks, and Jakucionis has the makings of a long-term running mate for the big man. “We’re excited about his growth, we really are,” franchise legend and current Heat executive Alonzo Mourning said of Ware. “This summer I’ve already seen him getting better in his workouts. He doesn’t have to be here, this is his time off. But that kind of speaks volumes that he has kind of blocked out all of the distractions as a kid.“
Former Georgia forward Asa Newell was ecstatic to land with his hometown Hawks in the draft, per Lauren L. Williams of the Atlanta Journal-Constitution. “I knew deep in my heart that I really wanted to go to the Hawks, and hearing about the trades, and me and DQ [Derik Queen] basically got traded for each other, it was pretty cool,” Newell said. “So that’s gonna be a fun matchup, for sure. But it was just like, ‘Wow.’ My heart was beating so fast when the camera came to my table, and I just, I was just so happy, especially getting dropped into a great organization.”
Australian forward Jack White, who previously played 21 games in the NBA with the Nuggets and Grizzlies from 2022-24, will work out for the Hawks and play with them in Summer League, according to ESPN’s Olgun Uluc (Twitter link). Uluc writes that an NBA return for White is a possibility.
The Magic drafted Jase Richardson and Noah Penda, targeting two players they valued for their character, Jason Beede of the Orlando Sentinel writes in a subscriber-only story. “The exciting part for us as always, as you guys know, we look for the person before the player, and we feel that these two young guys have our Magic DNA,” president of basketball operations Jeff Weltman said. “They’re about others and that reflects itself on the court.” According to Beede, Penda was disappointed to not hear his name called in the first round but is excited about landing with the Magic, who traded four seconds to move up to get him.