Cavs Sign Levi Randolph, Malik Newman
The Cavaliers have signed a pair of G League players, Levi Randolph and Malik Newman, to standard contracts, per RealGM’s log of official NBA transactions. RealGM classifies them as one-year deals, so they’re likely Exhibit 10 contracts.
Randolph, 26, is a 6’6″ guard who spent the 2018/19 season playing for the Canton Charge. He averaged 14.6 PPG, 4.1 RPG, and 2.0 APG with a .478/.451/.765 shooting line in 50 games (31.4 MPG). Assuming Randolph returns to Canton for the coming season, he’ll likely be in line for a bonus worth $50K, assuming his deal is in fact an Exhibit 10 contract.
Meanwhile, the Cavs probably also view Newman as a returning-rights player for the Charge. After going undrafted out of Kansas in 2018, the 6’3″ guard briefly signed a two-way contract with the Lakers, then caught on with the Heat for training camp. He eventually made his way to the G League, appearing in 17 games for the Sioux Falls Skyforce before Miami’s affiliate traded him to Canton for the rest of the season.
In 25 games off the bench for the Charge, Newman averaged 12.0 PPG, 3.0 RPG, and 2.1 APG in 24.5 minutes per contest. He also suited up for Cleveland’s Summer League squad last month in Las Vegas.
The Cavs now have 16 players under contract, including 13 on guaranteed standard deals and one on a two-way pact. Marques Bolden, J.P. Macura, and Sindarius Thornwell are also expected to sign non-guaranteed contracts with the club.
Timberwolves Sign Second-Rounder Jaylen Nowell
2:34pm: The Timberwolves have officially signed Nowell, the team confirmed today in a press release.
9:43am: The Timberwolves have agreed to sign second-round pick Jaylen Nowell to his first NBA contract, reports Darren Wolfson of SKOR North (Twitter links). Nowell is expected to formally sign the deal later today.
While exact terms of the agreement aren’t yet known, Wolfson suggests that it will feature a guaranteed $1.4MM salary in year one, and will span four years in total. He also notes that it will be similar to Naz Reid‘s contract, which is non-guaranteed in years two and three and has a fourth-year team option.
Because the deal will run longer than two years, the Wolves will use their mid-level exception. They’ve used that MLE to sign Reid and Noah Vonleh so far, but both players received modest salaries, so the team still has plenty of it available. Nowell also projects to be Minnesota’s 15th guaranteed contract for 2019/20, so the regular season roster looks pretty set, barring an unexpected move or two.
Nowell, the 43rd overall pick in the draft, is a 6’4″ guard who played his college ball at Washington. He declared for the draft this spring after averaging 16.2 PPG, 5.3 RPG, and 3.1 APG on .502/.440/.779 shooting as a sophomore, earning Pac-12 Player of the Year honors.
Now that Nowell has a deal in place, only six players from this year’s draft class remain unsigned, as our tracker shows.
Pelicans Sign Kavell Bigby-Williams
The Pelicans have signed forward/center Kavell Bigby-Williams to an NBA contract, per RealGM’s log of official NBA transactions. Andrew Lopez first reported last month that New Orleans was adding Bigby-Williams to its roster on an Exhibit 10 deal.
Bigby-Williams, who bounced around from school to school during his college career, played his senior season at LSU in 2018/19, recording 7.9 PPG, 6.7 RPG, and 1.9 BPG in 35 games (21.2 MPG). He previously spent time at Oregon and Gillette College.
After going undrafted in June, Bigby-Williams played for the Pelicans in last month’s Las Vegas Summer League, averaging 7.7 PPG and an impressive 7.8 RPG in just 16.5 minutes per contest (six games). Now, he’s on track to attend training camp with an up-and-coming New Orleans squad.
The Pelicans now have 18 players officially under contract, including a pair on two-way deals.
Hornets Sign Josh Perkins
The Hornets have signed undrafted Gonzaga guard Josh Perkins, the team announced today in a press release.
ESPN’s Jonathan Givony (Twitter link) first reported shortly after the June draft that Perkins would sign an Exhibit 10 deal with Charlotte, so today’s announcement doesn’t come as a surprise. The club also confirmed its new deal with Joe Chealey.
A fifth-year senior in 2018/19, Perkins averaged 11.0 PPG, 6.3 APG, and 2.7 RPG in 37 games for the Zags. Over the course of his college career, he knocked down 38.6% of 651 total three-point attempts.
While Perkins will likely end up playing for the Greensboro Swarm in his rookie year, it’s possible he’ll have a shot to earn a roster spot for the Hornets. The team is up to 17 players under contract after today’s signings, but only 13 have fully guaranteed salaries for 2019/20 (a 14th is on a two-way contract).
Hornets Re-Sign Joe Chealey
AUGUST 6: The Hornets’ new deal with Chealey is now official, the team announced today in a press release. It’s an Exhibit 10 contract, according to Rick Bonnell of The Charlotte Observer (Twitter link).
AUGUST 1: After spending the entire 2018/19 season on a two-way contract with the Hornets, former Charleston guard Joe Chealey is expected to rejoin the team as a free agent.
Edge Sports, Chealey’s agency, published a tweet this week congratulating him on his new deal with the Hornets. However, the announcement doesn’t specify what kind of contract he’ll sign, and the team has yet to issue an official update. An Exhibit 10 pact is probably the most likely outcome, but Charlotte does still have a two-way slot open too.
Chealey, 23, signed with the Hornets as an undrafted free agent in July 2018 and had his contract converted to a two-way deal in October. He only appeared in one game with the NBA club in his rookie season, but was a regular starter for the Greensboro Swarm, Charlotte’s G League affiliate.
In 43 NBAGL games (31.3 MPG), the young point guard averaged 16.3 PPG, 5.3 APG, and 3.7 RPG with a .436/.340/.773 shooting line. His season ended in March when he suffered a torn left meniscus.
Chealey and fellow two-way player J.P. Macura became unrestricted free agents this summer, with the Hornets signing Robert Franks to fill one of the newly-opened two-way contract slots. Second-round pick Jalen McDaniels looks like the best candidate for the second slot, but the team has yet to tip its hand.
Nets Notes: Holden, Chandler, Harris
The Nets are expected to hire Sixers international scout J.R. Holden to serve as the team’s new director of player personnel, a source tells Emiliano Carchia of Sportando. Holden, who played overseas from 1998-2011, winning a pair of EuroLeague championships during that time, has also scouted for the Pistons since retiring as a player.
Holden will inject some more new talent into a front office that lost multiple key executives this offseason. Gianluca Pascucci joined the Timberwolves, while Trajan Langdon headed to New Orleans. The Nets have also hired Andy Birdsong and Jeff Peterson as assistant GMs to help replenish the group around Sean Marks.
Michael Scotto of The Athletic has updates on a couple more changes by the Nets, reporting (via Twitter) that the club will name Ryan Forehan-Kelly as its player development coordinator, with Shaun Fein set to assume head coaching duties for the Long Island Nets, Brooklyn’s G League affiliate.
Here’s more on the Nets:
- Tom Noie of The South Bend Tribune profiled new Nets forward Wilson Chandler, who recognizes that he’s not being brought in to have the same sort of impact as fellow free agent signees like Kevin Durant and Kyrie Irving. “I’m one of the soldiers who goes out there for the generals and the captains. I’m on the support team and rightfully so,” Chandler said. “Whenever they need my help, they know they have a warrior besides themselves.”
- As Anthony Puccio of NetsDaily relays, Nets sharpshooter Joe Harris recently appeared on Barstool’s Pardon My Take podcast to discuss how he ended up in Brooklyn, the Nets’ outlook, and the club’s free agency success. While Harris is looking forward to playing with his new star teammates, he declined to take any credit for their decisions to sign with the team. “I didn’t take any part in the recruitment,” Harris said. “I let the other guys kind of the bulk of that stuff.”
- Sources tell Brian Lewis of The New York Post that Nets owner Mikhail Prokhorov is looking to sell off NYCB Live, the home of the Nassau Coliseum. Prokhorov is expected to cede control of the Nets to minority shareholder Joseph Tsai within the next year or two and may also look to sell ownership of Barclays Center at some point.
Hawks Sign Brandon Goodwin To Two-Way Deal
AUGUST 6: The Hawks have officially signed Goodwin to a two-way contract, the team announced today in a press release.
JULY 23: The Hawks will bring in Brandon Goodwin on a two-way deal, Shams Charania of The Athletic tweets. Each team is awarded a pair of two-way deals and Atlanta has already used one on Charlie Brown Jr., as our two-way contract tracker shows.
Goodwin was not selected in the 2018 NBA Draft. He went to camp with the Grizzlies last fall on an Exhibit 10 deal and latched on with the Nuggets later in the season, ultimately occupying one of their two-way deals.
The point guard played in 16 games for Denver last season, scoring a total of 23 points and dished out 14 assists over 57 minutes of action. In 27 G League games for the Memphis Hustle and Iowa Wolves, he averaged 21.3 PPG, 6.8 RPG, and 5.1 APG.
Goodwin most recently played for the Nuggets’ Summer League team.
NBA Teams With Hard Caps For 2019/20
The NBA salary cap is somewhat malleable, with various exceptions allowing every team to surpass the $109,140,000 threshold once their room is used up. In some cases, teams blow past not only the cap limit, but the luxury-tax limit of $132,627,000 as well — the Trail Blazers have this season’s highest payroll at the moment, more than $11MM above the tax line.
The NBA doesn’t have a “hard cap” by default, which allows a club like Portland to build a significant payroll without violating CBA rules. However, there are certain scenarios in which teams can be hard-capped.
When a club uses the bi-annual exception, acquires a player via sign-and-trade, or uses more than the taxpayer portion ($5,718,000) of the mid-level exception, that club will face a hard cap for the remainder of the league year.
When a team becomes hard-capped, it cannot exceed the “tax apron” at any point during the rest of the league year. The tax apron was set $6MM above the luxury tax line in 2017/18 (the first year of the current Collective Bargaining Agreement) and creeps up a little higher each season. For the 2019/20 league year, the tax apron – and hard cap for certain clubs – is set at $138,928,000.
More teams than ever this offseason have been willing to hard-cap themselves, and in at least a couple cases, it will significantly impact a team’s ability to add further reinforcements later in the league year. The Warriors and Heat are nearly right up against the hard cap, and won’t be players in free agency during the season unless they can shed salary.
So far this year, half the teams in the NBA have imposed a hard cap on themselves by using the bi-annual exception, using the non-taxpayer mid-level exception, or acquiring a player via sign-and-trade. Listed below are those 15 teams, along with how they created a hard cap.
Boston Celtics
- Acquired Kemba Walker from the Hornets via sign-and-trade.
Brooklyn Nets
- Acquired Kevin Durant from the Warriors via sign-and-trade.
Charlotte Hornets
- Acquired Terry Rozier from the Celtics via sign-and-trade.
Chicago Bulls
- Acquired Tomas Satoransky from the Wizards via sign-and-trade.
Dallas Mavericks
- Acquired Delon Wright from the Grizzlies via sign-and-trade.
- Used approximately $7.46MM of their mid-level exception to sign Seth Curry.
- Used their bi-annual exception to sign Boban Marjanovic.
Detroit Pistons
- Used approximately $7.32MM of their mid-level exception to sign Derrick Rose.
- Used their bi-annual exception to sign Markieff Morris.
Golden State Warriors
- Acquired D’Angelo Russell from the Nets via sign-and-trade.
Indiana Pacers
- Acquired Malcolm Brogdon from the Bucks via sign-and-trade.
Memphis Grizzlies
- Used their full mid-level exception ($9,258,000) to sign Tyus Jones.
- Used their bi-annual exception to sign Marko Guduric.
Miami Heat
- Acquired Jimmy Butler from the Sixers via sign-and-trade.
Minnesota Timberwolves
- Acquired Jake Layman from the Trail Blazers via sign-and-trade.
Orlando Magic
- Used their full mid-level exception ($9,258,000) to sign Al-Farouq Aminu.
San Antonio Spurs
- Acquired DeMarre Carroll from the Nets via sign-and-trade.
Toronto Raptors
- Used approximately $8.3MM of their mid-level exception to sign Patrick McCaw, Rondae Hollis-Jefferson, Matt Thomas, and Dewan Hernandez.
- Used their bi-annual exception to sign Stanley Johnson.
Washington Wizards
- Used approximately $7.9MM of their mid-level exception to sign Ish Smith, Admiral Schofield, and Justin Robinson.
Outside of the Warriors and Heat, no clubs on the list above are really being restricted by the hard cap at this time. A few teams – such as the Pistons and Magic – are near the luxury tax threshold, but that still gives them several million dollars in breathing room below the hard cap.
While it’s possible that trades could push some teams closer to the apron, Golden State and Miami appear to be the only clubs that will be noticeably affected by the hard cap in 2019/20.
Kyle Lowry Would “Love” Extension With Raptors
The NBA champion Raptors had two All-Stars on last season’s roster. One – Kawhi Leonard – has since left for Los Angeles and will play for the Clippers in 2019/20. However, the other – Kyle Lowry – told reporters on Monday at USA Basketball’s World Cup training camp that he hopes to remain in Toronto going forward.
“I want to be there,” Lowry said, per Chris Mannix of SI.com. “I would love to do an extension, but we’ll see what happens … I would love to be there long-term. We’ll have the discussion when the time is right.”
Lowry, who is entering the final year of his current contract, became eligible for an extension last month. Veterans who sign three- or four-year deals can ink extensions after the two-year anniversary of their signing — Lowry finalized his current contract on July 7, 2017.
There has been no indication yet that the Raptors have discussed a new contract with Lowry this offseason or plan to do so before the season begins. Lowry’s $35MM expiring salary is one of several that the team will have off its books next summer, along with Marc Gasol ($25.6MM), Serge Ibaka ($23.3MM), and Fred VanVleet ($9.3MM). To maximize flexibility, Toronto may want to keep its 2020/21 cap sheet as clean as possible for now.
Still, if the price is right, I expect the Raptors to be open to extending their relationship with their starting point guard. Another $100MM commitment seems unlikely, but Lowry was one of the club’s most important players last season and remains productive at age 33.
As for the departure of the Raptors’ Finals MVP, Lowry conveyed no disappointment or frustration with Leonard’s decision. As Ohm Youngmisuk of ESPN.com details, Lowry said he told his teammate, “I’m happy for you” when he heard the news of Kawhi’s move to the Clippers.
“I am happy for the guys that … especially a guy that helped do something fantastic and something great,” Lowry said. “He’s an unbelievable friend of mine and is a good guy. He made a decision to go home and he is happy with that and I am happy for him. Truly. I am genuinely happy for him. It gives him a chance to be around his family and friends. You got to respect the guy and be happy for him.”
Team Canada Dealing With Depleted Roster
Much has been made of the withdrawals from Team USA by prominent players as it prepares for the FIBA World Cup in China this summer. Team Canada has experienced similar issues.
Canada Basketball unveiled its training camp roster in a press release and many notable names are missing. Nickeil Alexander-Walker, Dillon Brooks, Brandon Clarke, Luguentz Dort, Shai Gilgeous-Alexander, Mfiondu Kabengele, Naz Mitrou-Long, Trey Lyles, Dwight Powell, Marial Shayok, Nik Stauskas, and Tristan Thompson were among the invitees who opted not to participate.
Knicks lottery pick RJ Barrett and Nuggets guard Jamal Murray are on the roster but will only participate in training camp. Barrett is dealing with a mild calf strain, while Murray is nursing an ankle injury, Blake Murphy of The Athletic tweets.
Among the NBA players who are on the roster and intend to participate in the tournament are Kings guard Cory Joseph, Heat forward Kelly Olynyk, Magic center Khem Birch and Raptors big man Chris Boucher. Toronto’s Nick Nurse is the head coach of the team, which will play seven exhibition games before its FIBA opener against Australia on September 1.