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Suns Placing Cody Martin On Waivers

June 30th, 2025 at 12:11pm CST by Rory Maher

The Suns are waiving Cody Martin, according to John Gambadoro of Arizona Sports 98.7 (Twitter link).

Martin’s $8.6MM salary for 2025/26 would have become guaranteed had he remained on Phoenix’s roster through June 30. Instead the Suns will cut him loose, making him eligible for unrestricted free agency in a couple days if he clears waivers, which seems likely.

Jake Fischer and Marc Stein of The Stein Line reported earlier this month that Martin had drawn interest from “several” teams as part of the wider trade talks involving Kevin Durant; the following day, Phoenix agreed to send Durant to Houston. Only one club was specifically mentioned as a possible Martin suitor at that time: the Heat.

Martin was acquired by Phoenix in February ahead of the trade deadline. He spent his first five-and-a-half seasons in Charlotte, the team that selected him 36th overall in 2019.

While the 29-year-old is a strong, versatile defender and solid play-maker, he hasn’t been much of a scoring threat in the NBA, holding career averages of 6.2 points, 3.7 rebounds, 2.2 assists and 1.0 steal on .436/.308/.661 shooting in 21.9 minutes per game across 259 appearances.

Martin has also been plagued by injuries the past few seasons, including a sports hernia ailment in 2024/25 which delayed his Suns debut. Still, he could hold appeal as a bench option for teams looking for defensive help.

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Suns Re-Sign Collin Gillespie

June 30th, 2025 at 11:41am CST by Luke Adams

July 2: Gillespie’s deal is now official, per NBA.com’s transaction log. The fact that it was signed during the July moratorium signals that it is, as expected, a minimum-salary contract.

“Collin earned this opportunity with his work ethic, toughness, and the way he competes every single day,” Suns general manager Brian Gregory said within a press release confirming the signing. “He brings a gritty edge and a high-energy presence that lifts everyone around him. He plays with heart, battles on every possession, and is the kind of guy you want in your organization.”

June 30: Restricted free agent point guard Collin Gillespie has agreed to a guaranteed one-year contract to return to the Suns, sources tell Shams Charania of ESPN (Twitter link).

The lack of financial details in Charania’s report suggests it’ll probably be a minimum-salary deal for Gillespie, though that hasn’t been confirmed.

Even if it is worth the minimum, that will represent a substantial pay increase for the 26-year-old, who has played on three consecutive one-year, two-way contracts since entering the NBA as an undrafted free agent out of Villanova in 2022.

After spending two seasons in Denver, Gillespie joined the Suns last summer and enjoyed his best season as a pro. He averaged 5.9 points, 2.4 assists, and 2.4 rebounds in 14.0 minutes per game across 33 appearances (nine starts) and made 43.3% of his three-point tries.

Phoenix made Gillespie a restricted free agent over the weekend by tendering him a qualifying offer that would have been the equivalent of another one-year, two-way contract. Many two-way free agents end up simply accepting that QO, but Gillespie’s solid play in 2024/25 gave his representatives the leverage to negotiate a fully guaranteed standard deal and a spot on the Suns’ 15-man roster.

A one-year, minimum-salary contract would pay Gillespie a projected $2.38MM while counting against the cap for just under $2.3MM.

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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.
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Cam Whitmore Has Drawn Trade Interest From Bulls, Nuggets

June 30th, 2025 at 10:22am CST by Luke Adams

The Bulls and Nuggets are among the teams that have registered some level of interest in Rockets forward Cam Whitmore, according to Michael Scotto of HoopsHype.

Kelly Iko of The Athletic reported last week that Houston had been engaged in trade discussions involving Whitmore. He’ll earn $3.54MM in 2025/26 with a team option for ’26/27 worth $5.46MM.

Whitmore, who will turn 21 next Tuesday, has seen limited playing time during his first two NBA seasons and has been unable to establish himself as a regular part of the Rockets’ crowded rotation. The former No. 20 overall pick appeared in 51 games this past season, averaging 9.4 points, 3.0 rebounds and 1.0 assists in 16.2 minutes per night with .444/.355/.750 shooting numbers. He was out of the rotation completely in the playoffs, making just three brief appearances.

According to Scotto, Whitmore was nearly sent from Houston to Phoenix in the Kevin Durant trade, but the Suns opted for additional second-round draft compensation instead.

The Bulls appear to be keeping an eye out for a forward who can score, having been also linked to Warriors restricted free agent Jonathan Kuminga earlier this offseason. While Isaac Okoro – who is more of a defensive specialist – doesn’t really fit that bill, it’s worth noting that Scotto says the Bulls’ interest in Whitmore predated their deal to acquire Okoro, so it’s unclear whether Chicago’s interest in a forward – and Whitmore specifically – persists.

The Nuggets, meanwhile, are looking to supplement a talented starting lineup with reliable depth options. While their pathways to upgrades via trades or free agency are limited, Whitmore’s salary is modest enough that he would be a realistic target.

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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.
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Blazers Buy Out Deandre Ayton

June 30th, 2025 at 6:53am CST by Eli Cohen

JUNE 30: The Trail Blazers put out a press release officially confirming that Ayton has been bought out and placed on waivers. He’s on track to become a free agent on Wednesday evening.

According to Sean Highkin of The Rose Garden Report (Twitter link), the big man gave up enough money in the buyout that Portland should be able to use the full non-taxpayer mid-level exception ($14.1MM) without going into luxury tax territory.

Meanwhile, Michael Scotto of HoopsHype reports (via Twitter) that the Blazers had trade talks about Ayton with a number of teams, but they didn’t want to take back multiyear salary in any deal, which made it difficult to find a match that made sense for both sides.

JUNE 29: The Trail Blazers have reached an agreement on a contract buyout with veteran center Deandre Ayton, reports ESPN’s Shams Charania (via Twitter).

Ayton had been about to enter the final season of a four-year, maximum-salary contract, which was set to pay him $35.5MM in 2025/26. The amount he’s giving up in the buyout has not yet been reported.

The Blazers have drafted centers in the first round of both 2024 (Donovan Clingan) and 2025 (Hansen Yang) and will use this opportunity to clear rotation minutes for their young big men. Portland also still has Robert Williams and Duop Reath under contract, though Williams has only played 61 games over the last three seasons due to health issues.

Ayton averaged 14.4 points and 10.2 rebounds, both of which were below his career rates, in 30.2 minutes per night this past season. He only made 40 appearances while dealing with a calf strain that kept him out of the lineup for much of the second half of the season.

Once he clears waivers, Ayton will become an unrestricted free agent and will have the ability to sign with any NBA team. The Collective Bargaining Agreement includes a rule prohibiting teams operating above either tax apron from signing a waived player who had been earning more than the non-taxpayer mid-level exception, but that restriction only applies during the regular season.

Ayton joins a free agent center group headlined by Myles Turner, Brook Lopez, Clint Capela, and Al Horford. The Lakers are the team most consistently linked to free agent centers and will likely become a top team to monitor for Ayton.

One team that will not be pursuing a partnership with Ayton is Phoenix, according to Gerald Bourguet of PHNX Sports. Bourguet reports, via Twitter, that the Suns have no interest in a reunion with their 2018 first overall pick, who helped them reach the 2021 NBA Finals.

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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.

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Suns To Guarantee Nick Richards’ $5MM Salary

June 29th, 2025 at 12:15pm CST by Dana Gauruder

The Suns are expected to guarantee Nick Richards’ $5MM salary for next season, The Athletic’s Fred Katz tweets.

Phoenix had to decide by today whether to make that guarantee or waive him. Richards was acquired from Charlotte in mid-season and wound up making 34 starts in 36 appearances with the Suns, averaging 9.3 points, 8.2 rebounds and 1.0 blocks in 22 minutes per game.

Where Richards fits into the Suns’ plans remains to be seen. The Suns are acquiring Richards’ former Hornets teammate, Mark Williams, in a deal that is not yet official. Phoenix also used a lottery pick acquired from Houston in the Kevin Durant deal on Duke big man Khaman Maluach. Additionally, the Suns have another young big in Oso Ighodaro.

Richards’ salary could be useful as part of another trade down the road. In any case, he’ll get the final year of his three-year, $15MM contract he signed with Charlotte guaranteed.

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Lakers’ Goodwin, Kings’ Jones Have Team Options Exercised

June 29th, 2025 at 9:05am CST by Luke Adams

The Lakers have exercised their minimum-salary team option for the 2025/26 season on guard Jordan Goodwin, while the Kings have done the same for forward/center Isaac Jones, according to Keith Smith of Spotrac (Twitter links).

Goodwin, 26, signed a two-way contract with the Lakers after the trade deadline in February and played well for the team in the second half of the season, earning a promotion to the standard roster in late March. In 29 total appearances (five starts), he averaged 5.6 points, 3.9 rebounds, 1.4 assists, and 1.0 steal in 18.7 minutes per game, posting a solid shooting line of .438/.382/.818.

As our team option tracker shows, the move doesn’t assure Goodwin of his full $2.35MM salary for next season — only about $25K is guaranteed as a result of the option pick-up. He would have to remain under contract through January 7 in order to be guaranteed the full amount, so his roster spot could still be up in the air depending on how the rest of Los Angeles’ offseason plays out.

As for Jones, the undrafted rookie out of Washington State had a promising debut season for Sacramento in 2024/25, averaging 3.4 points and 1.4 rebounds in 7.6 minutes per game across 40 outings. He made 65.1% of his field goal attempts and was promoted to the 15-man roster in March when he reached his limit of 50 active games.

There have been conflicting reports on whether or not Jones’ $1.96MM salary for 2025/26 will be fully guaranteed as a result of the Kings’ option pick-up.

In other team option news, the Suns have officially picked up guard Vasilije Micic‘s $8.1MM option for next season, Smith notes (via Twitter). That was a required procedural move in order for Micic to be included in the Mark Williams trade with Charlotte.

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Suns’ Gillepsie, Lakers’ Koloko Among Two-Way Players Receiving QOs

June 29th, 2025 at 8:59am CST by Luke Adams

A series of players who finished the 2024/25 season on two-way contracts have received qualifying offers from their respective teams, making them free agents, according to Keith Smith of Spotrac. Those players are as follows (all links go to Twitter):

In each case, 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.

Gillespie, who turned 26 on Wednesday, is among the players who made a strong case for a promotion to a standard contract this past season. He averaged 5.9 points, 2.4 assists, and 2.4 rebounds in 14.0 minutes per game for Phoenix across 33 appearances (nine starts) and made 43.3% of his three-point tries.

Koloko (2.4 PPG and 2.5 RPG in 37 games), Vukcevic (9.4 PPG, 3.7 RPG, and .496/.373/.776 shooting in 35 games), and Wallace (5.4 PPG and 2.6 APG in 31 games) also played rotation minutes for their respective clubs in 2024/25.

Sunday is the deadline for teams to make qualifying offers to players who are eligible for restricted free agency.

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