2022 June | Hoops Rumors

Bucks Re-Sign Joe Ingles, Wesley Matthews, Jevon Carter

June 30th, 2022 at 6:04pm CST by Luke Adams

JULY 6, 6:38pm: The Bucks’ deal with Ingles is now official, the team announced in a press release.

“Joe is a proven shot maker who will add great depth to our roster,” general manager Jon Horst said. “He is a terrific person and teammate who will fit in well with our team and community. We’re thrilled to welcome Joe and his family to Milwaukee.”

JULY 6, 2:29pm: The Bucks have issued a press release announcing their new deal with Carter and have also officially re-signed Matthews, per NBA.com’s transactions log. The Ingles signing figures to be formalized very soon.

JUNE 30, 6:04pm: Free agent forward Joe Ingles has agreed to a one-year contract with the Bucks worth $6.5MM, agent Mark Bartelstein tells Michael Scotto of HoopsHype (Twitter link). Ingles’ wife Renae first broke the news on Twitter.

The Bucks have also agreed to bring back a pair of their own free agents, agreeing to a one-year deal with swingman Wesley Matthews and a two-year pact with guard Jevon Carter, according to Shams Charania of The Athletic (Twitter links).

The $6.5MM salary for Ingles indicates he’ll be getting the team’s taxpayer mid-level exception. Carter’s deal will be worth $4.6MM over two years, with a player option on year two, tweets Michael Scotto of HoopsHype. That figure suggests Carter may be getting slightly above the veteran’s minimum using his Non-Bird rights.

It’s a somewhat surprising use of Milwaukee’s taxpayer mid-level exception, given that Ingles just underwent surgery on a torn ACL in February. The 34-year-old seems extremely unlikely to be ready to go by the fall and may not get back on the court until 2023. If and when he’s healthy though, he’ll be a nice fit for a Bucks team that could use his ball-handling, shooting, and defensive versatility.

As for Matthews and Carter, they played modest reserve roles for the Bucks in 2021/22, but should be useful depth pieces. Matthews, in particular, had a strong playoff run, starting all 12 of the Bucks’ postseason contests and making 40.0% of his threes.

Clippers Re-Sign Nicolas Batum To Two-Year Contract

June 30th, 2022 at 5:59pm CST by Alex Kirschenbaum

JULY 6: The Clippers have officially re-signed Batum, the team announced today in a press release.

“Nico is a selfless vet and a winning player whose intelligence, versatility and skill have lifted our team for the past two years,” president of basketball operations Lawrence Frank said in a statement. “We wanted to keep building with him and are honored he wanted the same.”

JUNE 30: Veteran Clippers forward Nicolas Batum has agreed to return to Los Angeles on a two-season, $22MM contract, according to Chris Haynes of Yahoo Sports.

After being selected with the No. 25 pick in 2008, Batum first established himself as a switchable, reliable 3-and-D wing with the Trail Blazers. After becoming a full-time starter on multiple Portland playoff teams, Batum was eventually traded to the Hornets in 2015.

Following a lackluster run with the Hornets on a lucrative five-year, $120MM deal, Batum was waived by Charlotte ahead of the 2020/21 season, which would have been the final year on his deal. Batum joined the Clippers on a minimum contract in 2020, and promptly rebuilt his NBA value as a solid forward on both ends of the floor, capable of playing either small or power forward.

During the 2021/22 season, Batum averaged 8.3 PPG, 4.3 RPG, 1.7 APG, 1.0 SPG and 0.7 BPG for the Clippers across 59 games, including 54 starts. He posted a shooting line of .463/.400/.658. Batum declined a $3.3MM player option with L.A. ahead of the start of free agency today.

Los Angeles is gearing up for an anticipated deep playoff run, with All-Star wings Kawhi Leonard and Paul George both projected to be healthy during the 2022/23 season. In addition to bringing back 33-year-old Batum, the Clippers also are set to add 31-year-old former five-time All-Star John Wall to a team-friendly contract as they shore up veteran depth.

The Clippers are re-signing Batum using the Early Bird exception, which requires the deal to be for at least two years, with no options.

Sixers Sign P.J. Tucker, Danuel House, Trevelin Queen

June 30th, 2022 at 5:42pm CST by Luke Adams

JULY 6: With the moratorium lifted, the Sixers have now made their deals with Tucker and House official as well.

“P.J. Tucker is one of the most respected and relentless competitors in our game and is the type of competitor our fans will love and embrace,” Morey said in a press release announcing the signing of Tucker. “We’re excited to add his leadership, toughness, defensive versatility and championship pedigree to our roster. P.J. wants to deliver an NBA title to Philadelphia and his work ethic and mentality make him an impactful addition to our team and city.”

JULY 1: Queen’s deal is now official, the Sixers announced in a press release. Minimum-salary contracts can be officially completed during the July moratorium.

JUNE 30: It’s fair to say Sixers president of basketball operations Daryl Morey has a type. Philadelphia has reportedly agreed to terms with three players who used to play for Morey’s former team in Houston.

Free agent forward P.J. Tucker is finalizing a three-year, $33.2MM fully guaranteed deal with the 76ers, agent Andre Buck tells Shams Charania of The Athletic (Twitter link). That long-rumored agreement will use the team’s full non-taxpayer mid-level exception.

The Sixers have also agreed to sign free agent forward Danuel House, tweets Charania. House is getting a two-year, $8.5MM deal, per Adrian Wojnarowski of ESPN (Twitter link).

House’s deal, which will be completed using the bi-annual exception, has a second-year player option, league sources tell Michael Scotto of HoopsHype (Twitter link).

Finally, Philadelphia has reached a deal with G League MVP Trevelin Queen, according to Wojnarowski (Twitter link). The guard will sign a two-year, minimum-salary contract with a partial guarantee ($300K) in year one, tweets Derek Bodner of The Athletic.

As a result of using their full MLE and BAE, the Sixers will be hard-capped for the coming season.

The 76ers were able to use those exceptions in full due to James Harden opting out of his contract and planning to accept a lower first-year salary on a new deal with the team. If Harden’s $47MM+ option had been on Philadelphia’s books, the club would’ve been hard-pressed to remain under a hard cap.

The Sixers have been mentioned as Tucker’s most likely landing spot for much of the last week. Star center Joel Embiid singled out Tucker in his comments to the media after the team lost to Miami in the playoffs, stating that Philadelphia needed a tough, versatile player like that in its frontcourt. Needless to say, Embiid will be happy that the Sixers went out and got the 37-year-old.

House, 29, helped shore up the Jazz’s perimeter defense and hit 41.5% of his three-pointers in a 25-game stint with the club this past season. He’ll give the Sixers another three-and-D rotation player.

Malik Monk Signs Two-Year Contract With Kings

June 30th, 2022 at 5:37pm CST by Rory Maher

JULY 6, 1:37pm: Monk’s new deal with the Kings is now official, according to a press release from the team.

“Malik Monk is an elite shooter, fierce competitor and tremendous athlete,” GM Monte McNair said in a statement. “We’re thrilled to have him join us in Sacramento.”

JUNE 30, 5:37pm: Monk will sign a two-year, $19MM contract with the Kings, reports Damian Barling of ESPN 1320 (Twitter link).

JUNE 30, 4:07pm: “There is a lot of smoke” about Malik Monk signing with the Kings once free agency opens at 5:00pm CT, multiple sources tell James Ham of ESPN 1320 and The Kings Beat (Twitter link).

Jason Anderson of The Sacramento Bee hears similarly, reporting (via Twitter) that he’s getting “strong indications” from sources that Monk could be reuniting with former Kentucky teammate De’Aaron Fox. Monk and Fox were both lottery picks in 2017.

Jake Fischer of Bleacher Report was the first to link Monk to the Kings on a Spotify Live appearance with Marc Stein late Wednesday night.

Monk struggled to find a team last summer after the Hornets didn’t tender him a qualifying offer, but became one of the best values in the league on a one-year, minimum-salary contract with the Lakers. Monk had a career-year last season, averaging 13.8 PPG, 3.4 RPG and 2.9 APG on .473/.391/.795 shooting in 76 games (37 starts, 28.1 MPG).

L.A. only holds Non-Bird rights on Monk and will be limited to a contract that starts at the taxpayer mid-level exception, which is projected to be $6.5MM next season.

The Kings could offer Monk the mid-level exception, projected to be worth about $10.5MM next season, for as many as four years. There’s also a possibility that Sacramento could open up some cap space to sign him outright, depending on if the team makes some trades and releases some of their cap holds.

Monk, 24, is reportedly looking for a role where he can receive significant minutes and “be himself,” as he recently told Jovan Buha of The Athletic.

Nets Acquire Royce O’Neale From Jazz

June 30th, 2022 at 5:34pm CST by Dana Gauruder

5:34pm: The trade is official, according to press releases from both teams.

2:05pm: The Jazz are trading starting forward Royce O’Neale to the Nets for a first-round pick, Shams Charania of The Athletic tweets.

Brooklyn is using a $11.3MM trade exception it created in the James Harden trade with Philadelphia to take on O’Neale’s salary, Bobby Marks of ESPN tweets. The Jazz will create a trade exeption worth O’Neale’s outgoing salary.

The pick headed to Utah is a 2023 first-rounder, Adrian Wojnarowski of ESPN tweets. Brooklyn is sending the lesser of its own, Houston’s, or Philadelphia’s first-round pick, Wojnarowski adds in another tweet.

The Sixers sent their first rounder for next season to the Nets in the same Harden deal. Houston has the right to swap its pick with Brooklyn’s next season, courtesy of the four-way swap in 2021 that landed Harden in Brooklyn.

O’Neale has a $9.2MM salary next season and a $9.5MM salary for 2023/24. However, the last year is guaranteed is only guaranteed for $2.5MM.

O’Neale, noted for his defensive prowess, has been a fixture in Utah’s lineup for the last three seasons. He averaged 7.4 PPG, 4.8 RPG and 2.5 APG in 31.2 MPG this past season while appearing in 77 regular season games.

The acquisition of O’Neale will likely diminish the possibility of the Nets re-signing free agent swingman Bruce Brown. On the flip side, Utah’s decision to trade one of its starters signals that other moves are on the way. The first-rounder will give it an asset to dangle for another trade.

Heat Re-Sign Dewayne Dedmon

June 30th, 2022 at 5:33pm CST by Luke Adams

JULY 6: The Heat have officially re-signed Dedmon, the club announced in a press release. According to Anthony Chiang of The Miami Herald (Twitter link), the deal is conditionally guaranteed for the second year.

“Dewayne brings essential attributes to the center position, including size, length, physicality, rebounding, scoring and a defensive mentality to protect the rim,” team president Pat Riley said in a statement. “He has proven to be a great veteran for us and we are fortunate to have him back.”

Oladipo and the Heat adjusted the terms of his deal, so he’ll be signing for two years instead of one.

JUNE 30: The Heat have reached agreements with a pair of their own free agents. Veteran guard Victor Oladipo is signing a one-year, $11MM contract to remain in Miami, while center Dewayne Dedmon has agreed to a two-year, $9MM pact, according to Shams Charania of The Athletic (Twitter links).

Miami had Oladipo’s Bird rights and Dedmon’s Early Bird rights, so the team won’t have to use its mid-level or bi-annual exception to complete the deals.

A two-time All-Star, Oladipo has appeared in just 60 regular season games since the start of the 2019/20 season due to a series of injuries related to his quad.

He missed most of the ’21/22 campaign while recovering from a surgery, but showed flashes of his old self down the stretch, averaging 12.4 PPG and 3.5 APG on .479/.417/.737 shooting in eight games (21.6 MPG). The former All-Defensive First Teamer also exhibited his old versatility on defense.

A report earlier this week stated that Oladipo was considered unlikely to remain with the Heat, but the two sides ultimately worked out an agreement. It’s possible the club increased its efforts to re-sign Oladipo as a result of losing P.J. Tucker to Philadelphia; it’s also possible Oladipo didn’t get the kind of offers he sought on the open market. Of course, that earlier report may have just been erroneous. In any case, the 30-year-old is on track to return to Miami for another season.

Dedmon will once again slot into the Heat’s depth chart as a backup at the five. The nine-year veteran, who will turn 33 next month averaged 6.3 PPG and 5.8 RPG in 67 games (15.9 MPG) this past season.

Grizzlies Re-Sign Tyus Jones

June 30th, 2022 at 5:24pm CST by Luke Adams

JULY 6: The Grizzlies have officially re-signed Jones, the team announced today in a press release.

JUNE 30: The Grizzlies are re-signing point guard Tyus Jones, according to Adrian Wojnarowski of ESPN (Twitter link). Agent Kevin Bradbury tells Wojnarowski that Jones is signing a two-year, $30MM contract to remain in Memphis.

Jones was expected to draw significant interest from teams in need of help at the point this summer, but many of those teams only had the mid-level exception available. Jones’ new deal with the Grizzlies will be worth significantly more than that.

The NBA’s leader in assist-to-turnover ratio for four straight seasons, Jones has turned the ball over just 326 times in 8,377 career NBA minutes. Besides taking care of the ball and distributing it, the 26-year-old also set career highs in PPG (8.7) and 3PT% (.390) in 2021/22.

Although he has never been a full-time starter for the Grizzlies, Jones plays an important role alongside Ja Morant and provides the team with a solid insurance policy if Morant, who plays at a breakneck pace, continues to deal with injury issues going forward.

Memphis also traded De’Anthony Melton to Philadelphia earlier in the offseason, which could lead to a slightly expanded role for Jones in 2022/23.

Bucks Re-Sign Bobby Portis To Four-Year Contract

June 30th, 2022 at 5:09pm CST by Rory Maher

JULY 6: The Bucks have officially re-signed Portis, the team announced today in a press release.

JUNE 30: The Bucks have reached an agreement to re-sign free agent big man Bobby Portis to a four-year, $49MM contract, agent Mark Bartelstein tells Adrian Wojnarowski of ESPN (Twitter link).

That’s the maximum amount that the Bucks could have given Portis using his Early Bird rights after he turned down his $4.6MM player option earlier this week.

The 6’10” Portis had a strong second season with Milwaukee, averaging career-highs in points (14.6) and rebounds (9.1) while appearing in 72 games (28.2 minutes per contest). He also started a career-high 59 games as center Brook Lopez dealt with a back injury which required surgery.

Portis, 27, is well-known for bringing lots of energy and intensity to the court, but he’s also a skilled offensive player, posting a .479/.393/.752 shooting line. He primarily served as a shooter for the Bucks to create space and driving lanes for two-time MVP Giannis Antetokounmpo, who has said he loves playing with Portis.

While Portis is a limited defender, he’s a good rebounder and gives solid effort, he just makes poor decisions and has trouble staying in front of smaller players. He also isn’t much of a rim protector, but Antetokounmpo is a very good backline anchor, which covers up for Portis’ weaknesses somewhat.

Portis was a key reserve when the Bucks won the title in 2020/21 and is a fan favorite in Milwaukee. Given he’s the same age as Antetokounmpo and Lopez is 34 and will be on an expiring deal, clearly the Bucks viewed Portis as a priority to retain, and since they’re over the cap, it’s not like they could easily find someone to replace his production.

Jaren Jackson Jr. Underwent Foot Surgery, Out 4-6 Months

June 30th, 2022 at 4:53pm CST by Rory Maher

Grizzlies big man Jaren Jackson Jr. underwent foot surgery on Wednesday and is expected to miss four-to-six months, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

Memphis confirmed the news (via Twitter), noting that Jackson had a stress fracture in his right foot and is expected to make a full recovery, with further updates provided when appropriate.

The optimistic end of Jackson’s estimated recovery timeline would have him returning shortly after next season begins, but the more cautious route would have him potentially missing the first few months.

Jackson, still just 22, led the league in blocks per game (2.3) last season, earning a berth on the All-Defensive First Team for his efforts. Importantly, he also cut his foul rate, which had been an issue earlier in his career.

Jackson appeared in a career-high 78 games (27.3 MPG) for the Grizzlies, averaging 16.3 PPG and 5.8 RPG on .415/.319/.823 shooting.

He’s set to earn $28.95MM in 2022/23 after coming to terms on a four-year, $104.7MM rookie scale extension prior to last season.

Taurean Prince Signs Two-Year Extension With Timberwolves

June 30th, 2022 at 4:47pm CST by Dana Gauruder

JUNE 30: Prince’s extension is now official, according to the Timberwolves (Twitter link).

JUNE 28: Taurean Prince is returning to the Timberwolves on a two-year, $16MM extension, ESPN’s Adrian Wojnarowski tweets.

Prince was headed to unrestricted free agency but had expressed a strong desire to remain in Minnesota, and the team is locking up to an extension that will keep him off the market.

Shortly after the season, Prince said he planned to return, adding that the strong camaraderie in the Wolves’ locker room is something he hasn’t experienced since college. He praised head coach Chris Finch, comparing him to Mike Budenholzer, who coached Prince in Atlanta at the start of his NBA career.

The second year of Prince’s new contract will be non-guaranteed, Jon Krawczynski of The Athletic tweets. It’ll represent a slight pay cut for Prince, who signed a two-year, $25.25MM contract with Brooklyn in 2019 and earned $13.3MM this past season.

Prince averaged 7.3 PPG and 2.5 RPG on .454/.376/.756 shooting in 69 regular season games (17.1 MPG) during his first year in Minnesota. The Wolves held his Bird rights, so they had the ability to go over the cap to re-sign him without using any other exceptions.

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