Pistons Waive Cory Joseph, Deividas Sirvydis, Tyler Cook
5:07pm: The Pistons have officially waived Joseph and Sirvydis, the team confirmed in a press release. Detroit also announced that Cook has been waived. As noted below, his salary for 2021/22 had been fully non-guaranteed.
3:36pm: The Pistons are waiving a pair of players from their roster, according to Shams Charania and James Edwards III of The Athletic, who report (via Twitter) that Cory Joseph and Deividas Sirvydis will be released.
Joseph’s $12.6MM salary for the 2021/22 season was only partially guaranteed for $2.4MM. Sirvydis had a fully guaranteed salary for the coming season, but his cap hit was just $1.52MM and his 2022/23 salary was non-guaranteed.
Detroit will have the option of either applying the dead money for Joseph and Sirvydis solely to the team’s 2021/22 cap or stretching those cap charges across multiple seasons to generate more space this offseason. That possibility shouldn’t be ruled out, since the Pistons’ trade of Mason Plumlee suggested the club is looking to open up cap room for free agency.
John Hollinger of The Athletic (Twitter link) estimates that Detroit could get up to about $22MM in cap space by stretching Joseph and Sirvydis and cutting Rodney McGruder and Tyler Cook, who have non-guaranteed contracts.
Joseph, who will turn 30 in August, began last season with Sacramento and was sent to Detroit at the March trade deadline. He played well with the Pistons down the stretch, averaging 12.0 PPG, 5.5 APG, and 3.2 RPG on .506/.368/.878 shooting in 19 games (26.4 MPG). Joseph should be an appealing target for teams in the market for a backup point guard.
A Lithuanian wing, Sirvydis was the No. 37 pick in the 2019 draft and was stashed for a year overseas before signing his first NBA contract in the 2020 offseason. His rookie season was uninspiring, as he played limited minutes in 20 games, averaging 2.1 PPG and 1.5 RPG in 6.7 MPG. A return to Europe seems like a possibility for Sirvydis.
Knicks Exercise Team Option On Mitchell Robinson, Waive Norvel Pelle
The Knicks have picked up their option for next season on center Mitchell Robinson and have waived center Norvel Pelle, the team announced (via Twitter).
Robinson will make $1.8MM in the final season of the four-year deal he signed after being drafted in the second round in 2018. He was the team’s starting center before getting injured, so it was an easy decision for New York to exercise the option.
The 23-year-old averaged 8.3 points and 8.1 rebounds in 31 games before undergoing season-ending foot surgery in late March. He also suffered a broken hand during the season that caused him to miss 15 games.
Robinson is eligible for a four-year, $51MM extension during the offseason, tweets Bobby Marks of ESPN. The Knicks also have the option of using cap space to renegotiate his salary for next season and having that be the beginning of an extension. If no extension is reached, Robinson will be an unrestricted free agent next summer.
Pelle, 28, had a $1.7MM option for 2021/22 that New York chose not to exercise. He signed a pair of 10-day deals with the Knicks in April, shortly after Robinson broke his foot, and earned a contract through the end of the season. Pelle appeared in nine games, averaging 1.2 points and 1.2 rebounds in 5.8 minutes per night.
Pelicans Decline Team Option On Didi Louzada
The Pelicans have turned down their $1,517,981 team option on Didi Louzada, tweets Andrew Lopez of ESPN. However, the rookie small forward still may have a future in New Orleans.
Sources tell Lopez that the Pelicans extended a qualifying offer to Louzada and hope to reach a long-term agreement in free agency.
Louzada, 22, signed with New Orleans in late April and appeared in three games before the season ended, averaging 2.7 PPG in 18.7 minutes per night. The Brazilian native was drafted by the Hawks with the 35th pick in 2019 and traded to the Pacers, but didn’t have any NBA experience until he joined the Pelicans.
Louzada, who is also known as Marcos Louzada Silva, spent the past two seasons with the Sydney Kings in Australia’s National Basketball League.
2021 NBA Offseason Trades
As we did with last year’s offseason trades and the in-season swaps from 2020/21, Hoops Rumors will be keeping track of all of the trades made this offseason, right up until the start of the 2021/22 season, updating this post with each transaction.
Trades are listed here in reverse chronological order, with the latest on top. So, if a player has been traded multiple times, the first team listed as having acquired him is the one that ended up with him. Trades that are agreed upon but aren’t yet official are listed in italics.
For our full story on each trade, click on the date above it. For more information on the specific conditions dictating if and when draft picks involved in these deals will actually change hands, be sure to check out RealGM.com’s breakdown of the details on traded picks. We’ll continue to update this list with the latest specific details on picks and other compensation, as they’re reported.
Here’s the full list of the NBA’s 2021 offseason trades:
2021/22 NBA League Year:
- Nets acquire Edmond Sumner and the Heat’s 2025 second-round pick (top-37 protected).
- Pacers acquire the draft rights to Juan Pablo Vaulet.
- Rockets acquire Sekou Doumbouya and the Nets’ 2024 second-round pick.
- Nets acquire cash ($110K).
- Celtics acquire Juan Hernangomez.
- Grizzlies acquire Kris Dunn, Carsen Edwards, and the right to swap either the Pacers’ or Heat’s 2026 second-round pick (whichever is most favorable) for the Celtics’ 2026 second-round pick.
- Grizzlies acquire Marc Gasol, the Lakers’ 2024 second-round pick, and cash ($250K).
- Lakers acquire the draft rights to Wang Zhelin.
- Pistons acquire DeAndre Jordan, the Nets’ 2022 second-round pick, either the Wizards’ or Grizzlies’ 2024 second-round pick (whichever is more favorable), either the Warriors’ or Wizards’ 2025 second-round pick (whichever is more favorable), the Nets’ 2027 second-round pick, and cash ($5.785MM).
- Nets acquire Jahlil Okafor and Sekou Doumbouya.
- Cavaliers acquire Lauri Markkanen (sign-and-trade).
- Trail Blazers acquire Larry Nance.
- Bulls acquire Derrick Jones, the Trail Blazers’ 2022 first-round pick (top-14 protected), and the Nuggets’ 2023 second-round pick (top-46 protected; from Cavaliers).
- Timberwolves acquire Patrick Beverley.
- Grizzlies acquire Jarrett Culver and Juan Hernangomez.
- Knicks acquire Evan Fournier (sign-and-trade), the Hornets’ 2022 second-round pick (top-55 protected), and either the Thunder’s, Wizards’, Heat’s, or Mavericks’ 2023 second-round pick (whichever is least favorable).
- Celtics acquire cash ($110K).
- Note: If either the Heat’s or Mavericks’ 2023 second-round pick is the least favorable of the four, the Knicks would instead receive the second-least favorable pick of the four.
- Clippers acquire Eric Bledsoe.
- Grizzlies acquire Patrick Beverley, Rajon Rondo, and Daniel Oturu.
- Bulls acquire DeMar DeRozan (sign-and-trade).
- Spurs acquire Thaddeus Young, Al-Farouq Aminu, the Bulls’ 2025 first-round pick (top-10 protected), either the Pistons’ or Bulls’ 2022 second-round pick (whichever is most favorable), and the Bulls’ 2025 second-round pick.
- Note: If the Bulls don’t convey their 2023 first-round pick (top-four protected) to Orlando in 2023, the first-round pick they send the Spurs will be pushed back until at least 2026.
- Note: The Spurs already had the ability to swap the Lakers’ 2022 second-round pick for either the Pistons’ or Bulls’ 2022 second-round pick (whichever is most favorable). Now they’ll receive the Lakers’ pick and the most favorable of the Pistons’ and Bulls’ picks.
- Bulls acquire Lonzo Ball (sign-and-trade)
- Pelicans acquire Tomas Satoransky, Garrett Temple (sign-and-trade), the Bulls’ 2024 second-round pick, and cash ($1.2MM).
- Spurs acquire Doug McDermott (sign-and-trade), the Pacers’ 2023 second-round pick (top-55 protected), and the right to swap their own 2026 second-round pick for either the Pacers’ or the Heat’s 2026 second-round pick (whichever is least favorable).
- Pacers acquire the Spurs’ 2023 second-round pick (top-55 protected).
- Rockets acquire Daniel Theis (sign-and-trade).
- Bulls acquire cash ($1.1MM).
- Celtics acquire Kris Dunn, Bruno Fernando, and the Trail Blazers’ 2023 second-round pick (from Hawks).
- Kings acquire Tristan Thompson.
- Hawks acquire Delon Wright.
- Bucks acquire Grayson Allen and cash ($1MM).
- Grizzlies acquire Sam Merrill, either the Pacers’, Cavaliers, or Jazz’s 2024 second-round pick (whichever is most favorable), and either the Pacers’ or the Heat’s 2026 second-round pick (whichever is most favorable).
- Note: If the Cavaliers’ and Jazz’s 2024 second-round picks are the two most favorable of the three, the Grizzlies would acquire the least favorable of those two picks.
- Jazz acquire Eric Paschall.
- Warriors acquire the Grizzlies’ 2026 second-round pick (top-42 protected).
- Grizzlies acquire the draft rights to Santi Aldama (No. 30 pick).
- Jazz acquire the draft rights to Jared Butler (No. 40) pick, the Grizzlies’ 2022 second-round pick, and the Grizzlies’ 2026 second-round pick.
- Clippers acquire the draft rights to Brandon Boston Jr. (No. 51 pick).
- Pelicans acquire the Kings’ 2022 second-round pick (top-54 protected) and cash ($2.5MM).
- Pelicans acquire Jonas Valanciunas, Devonte’ Graham (sign-and-trade), the draft rights to Trey Murphy (No. 17 pick), and the draft rights to Brandon Boston (No. 51 pick).
- Grizzlies acquire Eric Bledsoe, Steven Adams, the draft rights to Ziaire Williams (No. 10 pick), the draft rights to Jared Butler (No. 40 pick), and the Lakers’ 2022 first-round pick (top-10 protected; from Pelicans).
- Hornets acquire Wesley Iwundu, the Pelicans’ 2022 first-round pick (top-14 protected), the draft rights to Tyler Harvey, and cash ($2MM; from Pelicans).
- Lakers acquire Russell Westbrook, the Bulls’ 2023 second-round pick (from Wizards), either the Wizards’ or Grizzlies’ 2024 second-round pick (whichever is least favorable; from Wizards), and the Wizards’ 2028 second-round pick.
- Wizards acquire Spencer Dinwiddie (sign-and-trade), Kyle Kuzma, Kentavious Caldwell-Pope, Montrezl Harrell, Aaron Holiday, the draft rights to Isaiah Todd (No. 31 pick), and cash ($1MM; from Pacers).
- Nets acquire either the Wizards’ or the Grizzlies’ 2024 second-round pick (whichever is most favorable; from Wizards), the right to swap the Warriors’ 2025 second-round pick for the Wizards’ 2025 second-round pick (from Wizards), and the draft rights to Nikola Milutinov.
- Spurs acquire Chandler Hutchison and either the Bulls’, the Lakers’, or the Pistons’ 2022 second-round pick (whichever is most favorable; from Wizards).
- Pacers acquire the draft rights to Isaiah Jackson (No. 22 pick).
- Heat acquire Kyle Lowry (sign-and-trade).
- Raptors acquire Goran Dragic and Precious Achiuwa.
- Hornets acquire Mason Plumlee and the draft rights to JT Thor (No. 37 pick).
- Pistons acquire the draft rights to Balsa Koprivica (No. 57 pick).
- Suns acquire Landry Shamet.
- Nets acquire Jevon Carter and the draft rights to Day’Ron Sharpe (No. 29 pick).
2020/21 NBA League Year
- Cavaliers acquire Ricky Rubio.
- Timberwolves acquire Taurean Prince, the Wizards’ 2022 second-round pick, and cash ($2.5MM).
- Celtics acquire Josh Richardson.
- Mavericks acquire Moses Brown.
- Thunder acquire Derrick Favors and the Jazz’s 2024 first-round pick (top-10 protected).
- Jazz acquire either the Thunder’s, Rockets’, Pacers’, or Heat’s 2027 second-round pick (whichever is least favorable) and cash ($2MM).
- Note: If the Jazz don’t convey their 2022 first-round pick (top-six protected) to Memphis in 2022, the first-round pick they send the Thunder will be pushed back until at least 2025.
- Pacers acquire the draft rights to Isaiah Todd (No. 31 pick).
- Bucks acquire the draft rights to Sandro Mamukelashvili (No. 54 pick), the draft rights to Georgios Kalaitzakis (No. 60 pick), either the Pacers’, Cavaliers, or Jazz’s 2024 second-round pick (whichever is most favorable), and either the Pacers’ or the Heat’s 2026 second-round pick (whichever is most favorable).
- Note: If the Cavaliers’ and Jazz’s 2024 second-round picks are the two most favorable of the three, the Bucks would acquire the least favorable of those two picks.
- Hornets acquire the draft rights to Kai Jones (No. 19 pick).
- Knicks acquire the Hornets’ 2022 first-round pick (top-18 protected).
- Clippers acquire the draft rights to Keon Johnson (No. 21 pick).
- Knicks acquire the draft rights to Quentin Grimes (No. 25 pick) and the Pistons’ 2024 second-round pick.
- Thunder acquire the draft rights to Jeremiah Robinson-Earl (No. 32 pick).
- Knicks acquire the draft rights to Rokas Jokubaitis (No. 34 pick) and the draft rights to Miles McBride (No. 36 pick).
- Rockets acquire the draft rights to Alperen Sengun (No. 16 pick).
- Thunder acquire the Pistons’ 2022 first-round pick (top-16 protected) and the Wizards’ 2023 first-round pick (top-14 protected).
- Trail Blazers acquire the draft rights to Greg Brown (No. 43 pick).
- Pelicans acquire the Trail Blazers’ 2026 second-round pick and cash ($2MM).
- Clippers acquire the draft rights to Jason Preston (No. 33 pick).
- Magic acquire the Pistons’ 2026 second-round pick and cash.
- Sixers acquire the No. 53 pick in the 2021 draft.
- Pelicans acquire cash ($2MM).
- Thunder acquire Kemba Walker, the No. 16 pick in the 2021 draft, and either the Celtics’ or Grizzlies’ 2025 second-round pick (whichever is most favorable).
- Celtics acquire Al Horford, Moses Brown, and either the Thunder’s, Wizards’, Mavericks’, or Heat’s 2023 second-round pick (whichever is least favorable).
- Note: If the Mavericks’ and Heat’s 2023 second-round picks are the two least favorable of the four, the Celtics would acquire the most favorable of those two picks.
Jazz Not Expected To Extend QO To Juwan Morgan
The Jazz are not expected to tender a qualifying offer to 24-year-old forward Juwan Morgan, tweets Tony Jones of The Athletic. If Morgan doesn’t receive a QO, he’ll become an unrestricted free agent.
Although Morgan’s shooting dipped in his second season, Jones suggests that he is expected to have suitors on the open market because of his defense and his performance for the Jazz during the 2020 playoffs as a rookie, including starting multiple games.
Morgan saw his playing time drop in 2020/21, both in the regular season and the playoffs, though the fact that Utah’s better health luck and stronger depth played a part in that decline.
Jones adds that the two sides have not closed the door on a reunion, as the QO decision is more about the Jazz’s limited cap flexibility as they attempt to continue building a championship roster than it is about a lack of faith in Morgan as a player.
Free Agent Rumors: Dinwiddie, Schröder, Oubre, Cauley-Stein
The idea of Nets free agent Spencer Dinwiddie replacing Russell Westbrook as the Wizards‘ point guard seems to be gaining momentum.
After multiple reporters mentioned the Dinwiddie-to-D.C. possibility earlier in the week, Bleacher Report’s Jake Fischer writes today that with Chris Paul likely to return to the Suns, Dinwiddie is expected to be the next free agent point guard off the board. A sign-and-trade that sends either Kyle Kuzma or Montrezl Harrell to the Nets and Dinwiddie to the Wizards is a real possibility, Fischer suggests.
Fischer adds that the Nets are continuing to look for ways to move off of DeAndre Jordan‘s contract.
We have more free agency rumors:
- According to Zach Lowe of ESPN neither the Wizards nor the Kings are interested in a sign-and-trade for Dennis Schröder. That means Buddy Hield may be out as an option for the Lakers, and it will be a challenge to expand the Lakers/Wizards blockbuster any further using Schröder. As Lowe notes, a handful of teams in need of a point guard have ample cap space, so there will be few paths for the Lakers to recoup value for losing Schröder.
- Kelly Oubre has interest in the Spurs and believes his career could flourish under Gregg Popovich and the team’s renowned development staff, writes Tom Orsborn of The San Antonio Express-News. If the Spurs renounce some of their current free agents, they’d have more than enough space to make a big free agent signing, though it’s unclear whether Oubre would be at the top of their list, especially given his skill-set/positional overlap with Keldon Johnson.
- The Mavericks are leaning toward picking up the $4.1MM team option on center Willie Cauley-Stein, which would keep him off the free agent market, tweets ESPN’s Tim MacMahon. MacMahon writes that Dallas likes the young rim-running big man, but the decision will ultimately hinge on whether or not an opportunity comes up that requires the team to move on from Cauley-Stein.
Wizards Issue QOs To Mathews, Winston; Will Make Bonga UFA
The Wizards will not issue a qualifying offer to Isaac Bonga, thereby making him an unrestricted free agent, reports ESPN’s Adrian Wojnarowski (via Twitter).
The 6’8″ point forward saw his playing time cut nearly in half from the 2019/2020 season to last year. Despite the flashes of potential he showed, the Wizards now find themselves with a logjam of forwards, and Bonga appears to be the odd man out. His QO would’ve been worth about $2.08MM.
The Wizards are, however, extending qualifying offers to guards Garrison Mathews and Cassius Winston, according to a tweet from The Athletic’s Fred Katz. Both players finished the season on two-way contracts with Washington.
Mathews, who went undrafted in 2019, was a revelation as a feisty sharp-shooter for the Wizards this season, and even started 24 games. Winston, last year’s No. 53 overall pick, wasn’t able to crack Washington’s rotation in a major way during his rookie year, but the accomplished collegiate point guard has potential as a shooter and pick and roll play-maker, and the Wizards have need of guards.
Mathews’ qualifying offer will be a standard minimum-salary contract with a small partial guarantee, while Winston’s will be another two-way deal.
Pelicans Extend Qualifying Offers To Ball, Hart
The Pelicans have extended qualifying offers to Lonzo Ball and Josh Hart, making them restricted free agents this summer, tweets Andrew Lopez of ESPN.
Ball’s qualifying offer is worth about $14.36MM, while Hart’s is approximately $5.24MM. Those are one-year contract offers that could theoretically be accepted, but Ball and Hart will likely earn more lucrative multiyear deals in free agency.
As long as the Pelicans keep those qualifying offers on the table, they’ll have the ability to match any offer sheet signed by Ball or Hart, and would have the leverage necessary to negotiate a sign-and-trade.
It remains unclear whether either Ball or Hart will return to New Orleans. The Pelicans’ agreement to trade Eric Bledsoe and Steven Adams creates some cap flexibility for a bigger free agent acquisition, and the team is said to be eyeing Kyle Lowry and other point guards, including Spencer Dinwiddie.
Ball is unlikely to return if the Pelicans land one of those targets, since he’d probably need to be renounced to clear the necessary cap space. But if New Orleans strikes out on the free agent market, it will be interesting to see how the club handles Ball’s situation. He has been linked to the Bulls, Celtics, Raptors, Pacers, and Knicks, among other teams.
The Pelicans could potentially clear enough space to land a top free agent point guard without renouncing Hart, so he looks – for now – like a decent bet to return to the team.
Luke Adams contributed to this story.
Celtics Rumors: Richardson Trade, Fournier, Thompson, Parker
The Celtics may have been quiet on draft night, but they’re making noise now. After agreeing to trade Tristan Thompson for the Hawks’ Kris Dunn and Bruno Fernando and sending Moses Brown to the Mavericks for Josh Richardson, the Celtics have given themselves some extra flexibility from both a financial and roster perspective, writes The Athletic’s Jared Weiss.
Evan Fournier‘s market seems to be in the range of $12-$20MM per year, according to Weiss, who points out that dealing for Richardson affords the Celtics the option of walking away if the bidding war gets too rich for them. It sounds like that’s a very realistic possibility, as Mark Murphy of The Boston Herald hears from a source that Boston is unwilling to meet Fournier’s asking price of $80MM over four years.
“It’s not looking good,” Murphy’s source said of the Celtics’ negotiations with Fournier.
Meanwhile, there’s no guarantee that the Celtics will hang onto Dunn, according to Weiss, who says the former lottery pick could be flipped again. Weiss suggests that two viable options for dealing Dunn could be to the Cavaliers – along with one of the Celtics’ young players – in a deal for Larry Nance Jr., or to the Pelicans – with Marcus Smart – in a Lonzo Ball sign-and-trade.
We have more rumors on the Celtics:
- According to Weiss, while Thompson was beloved by teammates, he butted heads with the coaching staff and the organization throughout the year and was widely expected to be moved this offseason.
- In the same piece, Weiss cites The Athletic’s Danny Leroux, who explains that the Celtics now project to be about $4.36MM below the tax line if Jabari Parker (who has a non-guaranteed contract) is waived.
- The Celtics wanted to send more guaranteed money to the Mavericks in the Josh Richardson deal, but Dallas initially didn’t want to take any money back, tweets Keith Smith of Spotrac. Moses Brown was the compromise found, given the low guarantee on his deal ($500K).
- Chris Mannix of Sports Illustrated tweets that the Celtics’ front office, especially Brad Stevens, has long been a fan of Richardson, who will be looking to get back on track in Boston after a down year in Dallas.
Bucks’ Bobby Portis Declining 2021/22 Player Option
Bucks forward/center Bobby Portis won’t pick up his player option for the 2021/22 season, agent Mark Bartelstein tells Adrian Wojnarowski of ESPN (Twitter link).
If Portis had opted into the final year of his deal, he would’ve earned a $3,804,150 salary. Instead, he’ll become an unrestricted free agent in search of a new contract.
Portis, 26, took a modest offer worth the bi-annual exception in free agency last fall in order to join the Bucks and played a key role in the team’s championship run. The veteran big man averaged 11.4 PPG and 7.1 RPG on .523/.471/.740 shooting in 66 regular season games (20.8 MPG), then contributed 8.8 PPG and 5.0 RPG in 20 postseason contests (18.3 MPG).
Declining his second-year option doesn’t preclude a return to the Bucks for Portis, who emerged as a fan favorite in Milwaukee. However, the club’s ability to offer him a raise will be limited.
The Bucks only hold Portis’ Non-Bird rights, which would allow them to offer a starting salary worth up to about $4.2MM. If they want to dip into their taxpayer mid-level exception, the Bucks could go up to about $5.9MM in year one. Portis will likely receive more lucrative offers on the open market.
Still, the former first-round pick accepted a discount to sign with Milwaukee once and could be open to doing so again if he wants to try to earn a second consecutive title with Giannis Antetokounmpo and company. The Bucks and Portis reportedly have mutual interest in a new deal.