Free Agency Rumors: Bulls, Galloway, Bullock, Caruso, Dinwiddie, Theis

The Bulls appear to be aware that they need to upgrade their playmaking. Brian Windhorst of ESPN reports (Twitter video link) that Chicago could be looking to add Pelicans guard Lonzo Ball and Spurs guard DeMar DeRozan to their roster.

Windhorst notes that the Bulls may be able to extract Ball from the Pelicans in a sign-and-trade deal, provided the Pelicans can add a point guard replacement for Ball either in the trade or elsewhere. The notion of DeRozan joining the Chicago backcourt as well is intriguing. “From what I am told, [the Bulls] are also interested in DeMar DeRozan, and are interested in pulling off a possible double sign-and-trade where they would send [Chicago’s restricted free agent power forward] Lauri Markkanen to San Antonio,” Windhorst said in an ESPN segment.

Here are more free agency rumors from around the NBA, with the official start of the signing season just moments away:

  • After averaging a career-low 4.8 PPG in a career-low 40 games as essentially a part-time player for the eventual 2021 championship runner-up Suns, Langston Galloway appears ready to move on. “I was on a team that made it to the finals, but my biggest thing is getting an opportunity to play,” Galloway told Michael Scotto of HoopsHype. “Being on a team like that, I learned a lot, and all I need is someone that’s going to believe in me. That’s going to go a long way, and it’s going to pay dividends for whatever team I get the chance to play for next year.”
  • Free agent Knicks shooting guard Reggie Bullock may have suitors offering him new deals in the range of a three-year mid-level contract, tweets Marc Berman of the New York Post. The Knicks still hope to bring Bullock back. Berman adds that the Knicks are also rumored to have interest in free agent shooting guard Evan Fournier, and if they were to add him and Bullock, the incumbent Bullock would be demoted to the New York bench.
  • Unrestricted free agent Lakers reserve point guard Alex Caruso will speak with several clubs and is intent on picking a free agent destination expediently, writes Marks Medina of USA Today (Twitter link). Medina writes that the Lakers, who hold Caruso’s Bird rights, could look to retain him, especially since he could provide their suddenly top-heavy roster with some much-needed shooting and defense in the backcourt.
  • Nets point guard Spencer Dinwiddie apparently will decide between the Pelicans, Knicks and Wizards, though the Celtics could also a candidate, reports Jordan Schultz of ESPN (Twitter link). Sources inform Schultz that the Pelicans at least are prepared to offer Dinwiddie a long-term deal that could pay $20MM or more annually. Shams Charania reports (Twitter video link) that Dinwiddie will meet with the Wizards at the start of free agency. “They have made him an ultimate target early in this free agency process,” Charania said.
  • Free agent Bulls center/power forward Daniel Theis could be a target for several clubs looking for a big man upgrade, writes Michael Scotto of HoopsHype. Scotto lists teams like the Rockets, Spurs, Raptors, Pistons and the playoff-contending Heat as candidates for Theis this summer.

Trade Rumors: Simmons, Baynes, Lakers, Cash

David Aldridge of The Athletic is the latest reporter to confirm that the Sixers‘ asking price for Ben Simmons remains “sky high.” According to Aldridge, the 76ers are seeking a minimum of two future first-round picks, two first-round pick swaps, and an All-Star level player in most of their discussions about Simmons. A handful of other reports within the last week have passed along details on what kind of packages Philadelphia sought from Toronto, San Antonio, and Golden State for Simmons.

Here are a few more trade rumors from around the NBA, with free agency about to begin:

  • The Raptors are exploring the trade market for center Aron Baynes, reports Michael Scotto of HoopsHype. Baynes has a non-guaranteed $7.35MM salary for 2021/22 and seems unlikely to return to Toronto. If the team doesn’t find a taker on the trade market, he’s a candidate to be released.
  • In an in-depth look at how the Lakers‘ acquisition of Russell Westbrook came about, ESPN’s Ramona Shelburne shares several fascinating tidbits, including the fact that Westbrook called Kawhi Leonard in 2019 to talk about playing together in Los Angeles. According to Shelburne, the Lakers had been prepared to move forward on a Buddy Hield acquisition before the opportunity to land Westbrook arose.
  • Within his recap of last week’s draft activity, John Hollinger of The Athletic provides a housekeeping notes on trades, writing that the Trail Blazers sent $2MM in cash to the Pelicans as part of their trade for the No. 43 pick, while the Thunder sent $2MM in cash to the Jazz in the Derrick Favors trade.

Eastern Notes: Griffin, Nets, Harris, Cavs, Raptors Staff

The Nets plan to re-sign unrestricted free agent Blake Griffin and are also looking to add depth at center as the free agency period begins, general manager Sean Marks told ESPN’s Malika Andrews and other media members (Twitter link). Money does not appear to be an object — Marks said the Nets are “married to the luxury tax” and owner Joe Tsai is willing to spend whatever it takes to win.

We have more from the Eastern Conference

  • A report that the Sixers are shopping Tobias Harris isn’t accurate, a source familiar with the situation tells Kyle Neubeck of PhillyVoice. It’s likely that the Harris trade rumor is old news, since his name came up as part of a larger deal with the Rockets earlier this year before James Harden was dealt to the Nets.
  • Along with the pending acquisition of Ricky Rubio, the Cavaliers could look to add another veteran or two in free agency, particularly on the wing, Kelsey Russo of The Athletic writes. Doug McDermott and Reggie Bullock are two names to watch with Cleveland dangling all or part of its mid-level exception for their services. The Rubio deal with the Timberwolves can become official on Friday.
  • The Raptors have added Earl Watson, Trevor Gleeson and Nathaniel Mitchell to Nick Nurse‘s coaching staff. However, former assistant Nate Bjorkgren, who was fired after a season as the Pacers’ head coach, will not return to Toronto, according to Josh Lewenberg of TSN Sports (Twitter links).

Free Agency Notes: D. Robinson, Nuggets, Vanderbilt, Hezonja

Heat sharpshooter Duncan Robinson has told associates that his preference is to remain with the Heat, a source tells Tim Reynolds of The Associated Press (Twitter link). Robinson is a restricted free agent and Miami wants to retain him, so he wouldn’t have had much leverage if he wanted to go to a new team, but the fact that he wants to return is good news for the Heat. They’ll be able to keep his small cap hold on their books while they address other free agent business before circling back to finalize a new deal with Robinson.

Here are a few more updates related to free agency:

  • The Nuggets are unlikely to make any major splashes during free agency, as they’ll focus on re-signing their own free agents, writes Mike Singer of The Denver Post. Singer views Will Barton and JaMychal Green as good bets to return to Denver, and suggests that one of Paul Millsap and JaVale McGee could be back too. If the Nuggets are only able to re-sign one of Green, Millsap, and McGee, they’ll shop for another big man on the open market, according to Singer, who notes that Green’s market is expected to be in the $7-9MM range — a previous report stated a $16MM-per-year deal is a possibility for Barton.
  • The Timberwolves had discussions with forward Jarred Vanderbilt about a possible contract extension, according to Jon Krawczynski of The Athletic, but those talks went nowhere. Minnesota tendered Vanderbilt a qualifying offer, so the team will have the ability to match any offer he gets as a restricted free agent.
  • Former fifth overall pick Mario Hezonja, who played for Panathinaikos in Greece last season, won’t be returning to the NBA this offseason. As Ennio Terrasi Borghesan of Sportando relays, Russian club UNICS Kazan has signed Hezonja to a one-year contract with an option for a second season.

Cavs Preparing $100MM Offer To Jarrett Allen

The Cavaliers are preparing to give restricted free agent Jarrett Allen a five-year offer worth approximately $100MM, Marc Stein of Substack tweets.

Cleveland traded for Allen in the multi-team James Harden blockbuster this past season with the intent of retaining Allen for years to come. The Cavaliers drafted USC big man Evan Mobley with the No. 3 overall pick on Thursday and want to pair him up with Allen to form their long-term frontcourt duo.

The Cavaliers reportedly view the Raptors as their main threat to re-signing Allen but it’s widely speculated that Cleveland would match any offer sheet. The five-year offer would be a preemptive strike by Cleveland’s front office to lock up Allen.

Allen averaged 13.2 PPG, 9.9 RPG, and 1.4 BPG across 51 contests after the Cavs acquired him.

 

Fischer’s Latest: Bulls, Ball, Pelicans, Hornets, Lakers, Schröder, Knicks, More

While it’s possible the Bulls will sign restricted free agent point guard Lonzo Ball to an offer sheet in the four-year, $80MM range, doing so would be a risk, since the Pelicans could match that offer and leave Chicago empty-handed. According to Jake Fischer of Bleacher Report, a possible three-team deal involving the Bulls, Pelicans, and Hornets could eliminate that risk and ensure Ball lands in Chicago.

The structure – which John Hollinger of The Athletic alluded to earlier today and which has seemingly gained traction, per Fischer – would see Ball going to the Bulls, Devonte’ Graham to the Pelicans, and Tomas Satoransky, Josh Hart, and draft assets to the Hornets.

Fischer cautions that this is only one idea in play and that things should become clearer once free agency opens. A sign-and-trade that only involves the Bulls and Pelicans – with Satoransky going to New Orleans – is also a possibility, he adds.

Here’s more from Fischer’s latest rumor roundup:

  • The Lakers haven’t given up on the possibility of acquiring Buddy Hield from the Kings, but they don’t appear to be working closely with Dennis Schröder‘s camp on a possible sign-and-trade arrangement, per Fischer.
  • The Knicks and Wizards are still considered possibilities for Schröder, according to Fischer. The veteran point guard is also believed to be one of the Bulls‘ targets if they can’t land Ball, Fischer notes, writing that Chicago has done its homework on DeMar DeRozan and Richaun Holmes as well.
  • The Knicks are widely believed to be a frontrunner to sign Evan Fournier, perhaps for a three-year deal worth about $18MM annually, Fischer reports. Alec Burks and Nerlens Noel are also strong candidates to re-sign with New York for deals worth about $10MM per year, Fischer adds.
  • Will Barton appears likely to return to the Nuggets, according to Fischer, who says a two-year, $32MM+ contract is a real possibility.
  • Cameron Payne is considered a good bet to re-sign with the Suns for a deal in the $6MM-per-year range, says Fischer.

Jazz Rumors: Conley, Niang, MLE, Porter, Gay

The Jazz remain on track to finalize an agreement on a three-year contract with Mike Conley once free agency officially opens tonight, reports Tony Jones of The Athletic. Previous reports have indicated that Utah is the strong frontrunner to bring back Conley and that the team is preparing a three-year offer in the neighborhood of $75MM for the veteran point guard. Based on Jones’ report, it sounds like that hasn’t changed and a deal could be in place later today.

Here’s more on the Jazz:

  • League sources tell Jones that free agent forward Georges Niang is highly unlikely to return to the Jazz, since he’s unrestricted and is expected to draw significant interest from rival suitors.
  • Even though the Conley signing will take them well over the luxury tax line, the Jazz are willing to use the taxpayer’s mid-level exception (worth about $5.9MM) in free agency, writes Jones. However, the team won’t use it just for the sake of using it, and will want to land one of its primary targets.
  • Otto Porter and Rudy Gay are among the free agent forwards on Utah’s radar, according to Jones. However, Jones hears that Porter may be leaning toward the Nets, while Gay is believed to be eyeing the Lakers.
  • Following up on Utah’s trade that sent Derrick Favors to Oklahoma City, Jones reports that Favors will meet with the Thunder‘s front office on Tuesday. That meeting is expected to determine whether Favors sticks with OKC or whether another trade could be forthcoming. It’s worth noting that the Jazz wouldn’t be permitted to re-sign Favors if he were bought out by the Thunder, though a buyout is unlikely anyway since he has two years left on his contract.

Free Agent Rumors: Lowry, DeRozan, Knicks, Graham, Jackson, More

Now considered to be favorites to land Kyle Lowry in free agency, the Heat may try to bring in DeMar DeRozan as well, tweets Jordan Schultz of ESPN, confirming a series of reports from the last 24 hours.

Lowry and DeRozan were backcourt partners in Toronto for many years and have remained close friends. Miami is looking at a sign-and-trade as the best way to add Lowry, and is hoping that DeRozan might be available for the mid-level exception. That represents a big pay cut, but sources tell Schultz he might be interested if it means a chance to play alongside Lowry again.

If DeRozan turns down the MLE, the Heat will focus on finding a stretch four, says Barry Jackson of The Miami Herald (Twitter link). There is support among the front office for Jeff Green, according to Jackson, who mentions Bobby Portis, Rudy Gay and Otto Porter as other options.

Meanwhile, Goran Dragic is expected to be part of a sign-and-trade with Toronto for Lowry, but the Raptors are unlikely to keep him. The Mavericks will be among the teams with interest in Dragic, according to Jackson (Twitter link).

Miami would also like to bring back reserve center Dewayne Dedmon, but he may get better offers, says Jackson (Twitter link). The Heat, who only hold Non-Bird rights on Dedmon, may have to offer part of their $3.6MM biannual exception to be competitive.

There’s more as the start of free agency draws closer:

  • The Knicks have some mutual interest with DeRozan, as well as Celtics shooting guard Evan Fournier, writes Ian Begley of SNY.tv. Begley also hears that Bulls guard Tomas Satoransky would be part of the potential return in a sign-and-trade if Chicago lands Pelicans RFA Lonzo Ball, while rival teams expect Duncan Robinson to re-sign with the Heat.
  • While he isn’t necessarily their Plan A or B, Cameron Payne is one of the free agent point guards on the Knicks‘ radar, writes Marc Berman of The New York Post. New York has considered a Payne/Derrick Rose tandem at point guard for next season, Berman adds.
  • The Thunder are seen by rival executives as a possible suitor for Hornets guard Devonte’ Graham, tweets Chris Haynes of Yahoo Sports. Graham is a restricted free agent, so Charlotte can match any offer, but Oklahoma City has the cap flexibility necessary to put pressure on the Hornets.
  • The Pelicans, Knicks, Celtics, and Nuggets are among the teams expected to express interest in point guard Reggie Jackson, per Sam Amick of The Athletic (Twitter link).
  • EuroLeague standout Tyler Dorsey, who previously played for Atlanta and Memphis, is positioned for a return to the NBA and is drawing interest from several teams, tweets ESPN’s Adrian Wojnarowski.

Luke Adams contributed to this post.

Stein’s Latest: Lakers, Thomas, Holmes, Portis, More

Dwight Howard appears to be a strong candidate to rejoin the Lakers, who are also interested in veteran shooters Patty Mills and Wayne Ellington, according to Marc Stein of Substack. L.A. is looking for low-cost options to fill out its roster after the trade that brought Russell Westbrook from the Wizards, and Howard, Mills and Ellington may be willing to accept minimal deals for the chance to play for a title contender.

Given their financial position, the Lakers could have trouble holding onto Alex Caruso, Stein adds. The fourth-year guard has been effective in a bench role during his time in Los Angeles, and many teams are expected to pursue him.

There’s more from Stein:

  • The Celtics are interested in bringing back Isaiah Thomas, who was an All-Star in Boston before being sent out in the Kyrie Irving trade. New president of basketball operations Brad Stevens is a strong supporter of Thomas, who played three games for the Pelicans last season.
  • The Kings are expected to give center Richaun Holmes an offer in the four-year, $50MM range. However, he may do better on the open market after back-to-back strong seasons in Sacramento.
  • Several teams would like to add Bobby Portis, but there’s a belief around the league that he will stay with the Bucks despite their limited resources to re-sign him.
  • The Mavericks are virtually certain to keep center Boban Marjanović, who is a close friend of Luka Doncic.
  • There were some pre-draft trade rumors involving Shai Gilgeous-Alexander, but the Thunder still see him as a franchise cornerstone and plan to use their draft capital to build around him. Gilgeous-Alexander is expected to receive a maximum extension on his rookie contract this summer, which would pay him $168MM over five years.
  • John Collins was the top target for the Spurs, who will have about $40MM to spend, but now that he’s expected to stay in Atlanta, San Antonio may shift to restricted free agent Lauri Markkanen.

2021 NBA Free Agency Primer

The NBA’s 2021 free agency period officially begins on Monday at 5:00 pm central time. At that point, we can expect news of contract agreements to start pouring in, continuing well into the night.

By our count, 34 free agents agreed to deals on day one of free agency in 2020 — we’ll see if that number is matched or exceeded later today.

Here are a few links to prepare for you one of the most exciting days on the NBA calendar: