Jazz Waive Vernon Carey Jr.
The Jazz are waiving big man Vernon Carey Jr., reports Michael Scotto of HoopsHype (Twitter link). The move is official, per NBA.com’s transactions log.
The 32nd overall pick of the 2020 draft after one college season at Duke, Carey spent his rookie season with the Hornets, who shipped him to the Wizards at the 2022 trade deadline. He has barely played at the NBA level over the past three seasons, appearing in 37 total games for 187 minutes, including 28 minutes over 11 games with Washington last season.
Carey did have a solid stint with Washington’s G League affiliate, the Capital City Go-Go, in 2022/23. He averaged 20.7 PPG 8.3 RPG, 1.9 APG, 0.9 SPG and 0.9 BPG in 14 regular season games (27.6 MPG).
The 22-year-old was waived by the Wizards at the beginning of March and signed a multiyear deal with the Jazz during the season’s final weekend. His minimum-salary contract for ’23/24 was non-guaranteed, so Utah won’t have any cap charge for releasing him.
And-Ones: Howard, Team USA, F. Jackson, Zikarsky
Longtime NBA center Dwight Howard was out of the league during the 2022/23 season, which he spent in Taiwan. However, he still believes he can be a productive player in an NBA rotation, he said during a wide-ranging interview with Zion Olojede of Complex.com.
“I know that there’s at least 15 to 20 teams that I could play for,” Howard said. “And I know there’s teams that got great starting centers, but I know I could be a great backup center. I know I can provide a team with 25 minutes of dominant basketball. And that’s not even scoring, that’s just playing defense, locking people up, protecting the paint, rebounding, and finishing around the basket. I’ve had my fun in the game. I just want to go out like a champ like I’m supposed to.”
Referencing a June interview in which Howard said he’d love to join the Kings, Olojede asked the three-time Defensive Player of the Year which five teams he believes would be good matches for him.
“Okay, you got Miami Heat. You got obviously, the Lakers. The Warriors,” Howard said. “The Kings. But the Kings, I would say the Kings got a couple centers so they probably wouldn’t. But the Kings. The Hawks. I’m from Atlanta, go back home with the Hawks.”
Here are more odds and ends from around the basketball world:
- Discussing his roster for the upcoming FIBA World Cup for the first time on Friday, Team USA head coach Steve Kerr said he plans to lean heavily on Knicks guard Jalen Brunson and Nets forward Mikal Bridges. As Joe Vardon of The Athletic writes, Kerr envisions Brunson having “a pretty big role” and intends to rely on Bridges defensively to match up against opponents’ high-scoring wings.
- Veteran NBA guard Frank Jackson, who had a brief stint with the Jazz this past season, will continue his career overseas, having signed a deal with French team ASVEL, per a press release. Jackson had appeared in 214 career regular season NBA games since being drafted in 2017.
- Rocco Zikarsky, a 7’3″ Australian big man, has decided to forgo a move to the NCAA in favor of joining the Brisbane Bullets as part of the National Basketball League’s Next Stars program, he tells Jonathan Givony of ESPN. Zikarsky, who will turn 17 next week, won’t be draft-eligible until at least 2025, but is considered one of the world’s best basketball prospects, per Givony.
- John Hollinger of The Athletic doesn’t want to go so far as to call them the “losers” of free agency, but has questions about the offseason moves made so far by the Raptors, Pelicans, Kings, Trail Blazers, and Nuggets.
Miles Bridges Signs Hornets’ Qualifying Offer
JULY 7: In a press release confirming that Bridges has signed his qualifying offer to return with the Hornets, president of basketball operations Mitch Kupchak and Bridges himself both put out statements.
“Throughout this process, we have taken a measured and serious approach,” Kupchak said. “Several factors played a part in our decision to bring Miles back, including the conclusion of the legal process, the results of the NBA’s investigation and Miles’ commitment to counseling and community service. Our five-year relationship with Miles has allowed for open and honest dialogue. He has shown remorse, indicated that he has learned from this situation and expressed that it will not happen again. We look forward to Miles rejoining our team.”
Bridges statement reads as follows:
“I sincerely apologize for the pain, embarrassment and disappointment that last year’s incident caused so many people. Time away from the game allowed me to reflect, immerse myself in therapy and prioritize becoming a better person – someone my family and peers can be proud of. I’m grateful to the Hornets and the NBA community for giving me a second chance – most people don’t ever get one and I understand those questioning whether I deserve one. I will do everything I can to earn back the trust and confidence of my teammates, coaches, the Hornets organization and staff, fans, and the Charlotte community. I’m ready to return to work and can’t wait to rejoin my Hornets teammates.”
JULY 2: Restricted free agent Miles Bridges hasn’t been receiving the types of contract offers he was hoping for from the Hornets, so has signed his $7,921,300 qualifying offer in order to become an unrestricted free agent next year, sources tell ESPN’s Adrian Wojnarowski (Twitter links).
As ESPN’s Bobby Marks tweets, signing the one-year qualifying offer would give Bridges the power to veto trades. However, if he were to approve a trade, the team that acquires him would lose his Bird rights.
Shams Charania of The Athletic hears (via Twitter) that a final contract offer was presented on Sunday before talks broke down, but he doesn’t clarify whether that offer came from Charlotte or Bridges’ camp — or perhaps both.
The 25-year-old forward sat out the entire 2022/23 season after facing a felony domestic violence charge. He agreed to a plea deal and was subsequently suspended by the NBA, who will require him to sit out the first 10 games of ’23/24.
Prior to that incident, Bridges was viewed as one of the top free agents of the 2022 class, having averaged 20.2 PPG, 7.0 RPG, and 3.8 APG on 49.1% shooting in 80 games (35.5 MPG) in ’21/22.
Leading into free agency, it was impossible to know exactly how the Hornets and the rest of the NBA would value the former lottery pick, who was selected 12th overall in the 2018 draft. As valuable as Bridges can be on the court, the repugnant behavior he was accused of away from it likely gave potential suitors pause about pursuing him to represent their franchise.
Clearly, the Hornets had the leverage in contract negotiations after Bridges missed the entire season, which made him ineligible to be signed-and-traded. None of the teams with cap room decided to pursue him, but maybe that will change in 2024 if he has a strong season without further legal trouble.
Bridges was No. 8 on our list of 2023’s top 50 free agents.
Knicks Trade Obi Toppin To Pacers
JULY 7: The trade is official, the Knicks announced today in a press release (Twitter link). Toppin has been traded into the Pacers’ cap room in exchange for the two second-round picks described below.
JULY 6: The Knicks will receive either the Suns’ or Pacers’ 2028 second-round pick (whichever is least favorable) and either the Pacers’ or Wizards’ 2029 second-round pick (whichever is least favorable) for Toppin, reports Dustin Dopirak of The Indianapolis Star (Twitter link).
JULY 1: The Knicks and Pacers are finalizing a trade that will send forward Obi Toppin to Indiana, reports Adrian Wojnarowski of ESPN (Twitter link).
According to Wojnarowski, the Knicks will acquire a pair of second-round picks in exchange for Toppin, who was the eighth overall pick in the 2020 draft.
Marc Stein and Ian Begley of SNY.tv reported prior to free agency that the Pacers were talking to the Knicks about Toppin and had emerged as the leading candidate to land him. It’s a logical fit, since Indiana has the cap room necessary to acquire the 25-year-old’s $6.8MM expiring contract without sending out any salary and has been in the market for another power forward.
While lottery pick Jarace Walker figures to see minutes for the Pacers as a rookie, Toppin should have an opportunity to play a bigger role in Indiana than he did in New York, where he spent the majority of his first three NBA seasons backing up Julius Randle.
In 139 games for the Knicks since the start of 2021/22, Toppin has averaged 8.2 PPG and 3.3 RPG on .491/.329/.772 shooting in 139 games (16.4 MPG). He’ll be eligible for a rookie scale extension this offseason, or restricted free agency in 2024 if he doesn’t sign a new deal before then.
It’s a somewhat disappointing outcome for the Knicks, whose lottery pick from three years ago will now turn into a pair of second-rounders. However, the move will help create some additional spending flexibility below the tax apron for the club, potentially opening up the full mid-level exception. It’ll also generate a $6.8MM trade exception and contribute a couple more draft assets to New York’s ever-growing stash.
Timberwolves Sign Jaylen Clark To Two-Way Contract
Former UCLA wing Jaylen Clark has officially signed his first NBA contract, having inked a two-way deal with the Timberwolves, according to NBA.com’s transaction log.
Clark had a big junior year for the Bruins in 2022/23, increasing his scoring average to 13.0 PPG while also contributing 6.0 RPG and 2.6 SPG in 30 contests (30.5 MPG). He was named to the All-Pac-12 team and was the conference’s Defensive Player of the Year.
Clark, who injured his Achilles earlier this year and underwent surgery after the season, isn’t expected to be ready for the start of his rookie year. However, Minnesota is optimistic about what he’ll be able to bring to the team once he’s healthy — after selecting him with the No. 53 pick last month, president of basketball operations Tim Connelly referred to Clark as “the best perimeter defender in the draft.”
Luka Garza holds one of the two-way contract slots for the Timberwolves, so they have one opening remaining. The best candidate to fill it is Matt Ryan, who is still a restricted free agent after receiving a two-way qualifying offer in June.
Of the 58 players selected in the 2023 draft, 38 have now officially signed NBA contracts, as our tracker shows.
Trade/FA Rumors: Lillard, LaVine, Sixers, Reed, Reaves, Spurs
The Trail Blazers are believed to be seeking a package in the neighborhood of four first-round picks and two quality players in exchange for Damian Lillard, according to Aaron Fentress of The Oregonian, who spoke to Lillard’s agent Aaron Goodwin about the negotiations. Goodwin reiterated that he’s telling other teams that his client only wants to play for the Heat.
“It’s not fair to a team to allow them to engage in a negotiation that could be futile in the end,” Goodwin told Fentress.
While Lillard may be focused on the Heat, it would require the involvement of at least one more team for the Blazers to get a package anywhere near the level they’re looking for. Having traded its 2025 first-round pick to Oklahoma City, Miami can only currently offer two first-rounders.
As we wait to see if negotiations between Portland and Miami gather any momentum with teams convening at the Las Vegas Summer League, here are a few more trade and free agency rumors from around the NBA:
- League sources tell K.C. Johnson of NBC Sports Chicago that Zach LaVine‘s name has come up in preliminary trade discussions with both the Sixers and Trail Blazers. Neither of those conversations gained traction, according to Johnson, who hears that the Bulls‘ asking price for LaVine has been “extremely high.” Still, Johnson says the team has “fluctuated in its belief in LaVine’s consistency as a lead option.”
- Kyle Neubeck of PhillyVoice.com hears from sources familiar with the situation that the conversations between the Sixers and Bulls were really just “check-in” talks prior to the draft and didn’t evolve beyond that. So there’s no indication at this point that any multi-team deal involving LaVine and James Harden is on the way, Neubeck writes.
- The Sixers‘ deals with centers Mohamed Bamba and Montrezl Harrell haven’t diminished their desire to retain restricted free agent Paul Reed, a team source tells Noah Levick of NBC Sports Philadelphia.
- The Spurs legitimately considered the possibility of an offer sheet for restricted free agent guard Austin Reaves, ESPN’s Zach Lowe said on his Lowe Post podcast. The Lakers ultimately re-signed Reaves on a four-year, $54MM deal, which was the most that they could give him directly — another team could’ve tested Los Angeles’ resolve by making a four-year offer worth up to $102MM. “I know San Antonio was going back and forth on it and for whatever reason didn’t do it,” Lowe said.
Rockets Sign Fred VanVleet To Three-Year Contract
JULY 7: The Rockets have officially signed VanVleet, the team announced today in a press release.
As previously noted, VanVleet’s three-year deal includes a third-year team option.
JUNE 30: Fred VanVleet is leaving Toronto, according to Adrian Wojnarowski of ESPN (Twitter links), who hears from agents Rich Paul and Erika Ruiz that the free agent point guard will join the Rockets on a three-year, maximum-salary contract.
The No. 2 player on our list of 2023’s top 50 free agents, VanVleet is the first free agent to land a max deal this summer, Wojnarowski notes. The agreement will pay him a total of $128.5MM across three seasons, including a starting salary of $40.8MM in 2023/24, which will eat up a huge chunk of Houston’s cap room.
It’s a massive payday for VanVleet, who began his NBA career in 2016 as an undrafted free agent on a minimum-salary contract. Over the course of seven seasons in Toronto, he evolved from little-used reserve to key rotation member on a championship team to All-Star starting point guard.
The former Wichita State standout signed a four-year, $85MM contract during his last foray into free agency in 2020, but opted out of that deal after the third year in order to secure an even larger payday.
VanVleet is coming off a down season, having made a career-worst 34.2% of his three-point attempts in 2022/23 as his defense also took a step back. However, it appears the Rockets are willing to chalk up his struggles to nagging injuries and bad luck rather than assuming it’s the beginning of a downward trend. The 6’1″ guard has never been a great finisher around the rim, but he was a career 38.2% three-point shooter prior to last season and has been an asset on defense in the past.
The Rockets had more cap room (approximately $64MM) than any other team in the NBA entering free agency, putting them in position to aggressively pursue their preferred targets. While James Harden was mentioned earlier in the year as a candidate to return to Houston, VanVleet had clearly become the team’s top point guard target in the days leading up to free agency.
With the Raptors doing their best to bring back VanVleet, the Rockets apparently had to tack on an extra season to the two-year, maximum-salary offer they were said to be preparing for the 29-year-old in order to secure his commitment. Even with $40MM earmarked for VanVleet, Houston still has about $25MM in cap room available to continue making moves.
Meanwhile, it’s unclear how the Raptors intend to address their suddenly gaping hole at point guard. The club had spent the last year or two seeking a reliable backup for VanVleet and will now have to find a new starter too.
[UPDATE: Raptors to sign Dennis Schröder]
As Bobby Marks of ESPN tweets, Toronto could try to work out a sign-and-trade with Houston to generate a huge trade exception. However, there’s no reason for the Rockets to agree to that unless they’re incentivized to do so, so the Raptors would probably have to give up a second-round pick or two to make it happen.
Cavaliers Sign Emoni Bates To Two-Way Deal
The Cavaliers have officially signed second-round pick Emoni Bates to a two-way contract, the team announced today in a press release.
A former consensus five-star recruit and one of the top high school prospects in the country, Bates saw his stock slip when he averaged 9.7 points per game on .386/.329/.646 shooting as a freshman at Memphis in 2021/22, then was arrested on gun charges in September 2022.
Bates ultimately had his felony charge reduced to a misdemeanor and was sentenced to 18 months of probation. The 6’10” forward had a bounce-back season on the court in 2022/23 after transferring to Eastern Michigan, putting up 19.2 PPG on .405/.330/.782 shooting in 30 games (33.8 MPG). He declared for the draft as an early entrant following his sophomore year and was selected 49th overall by Cleveland.
While he’s no longer viewed as a future NBA star, the former High School Player of the Year still has intriguing upside. He’ll likely begin his professional career by seeing plenty of action for the Cleveland Charge, the Cavaliers’ G League affiliate, as a rookie.
The Cavaliers, who also confirmed the signings of Isaiah Mobley and Craig Porter to two-way deals, have become the second NBA team to fill all three two-way slots, joining the Lakers. The new Collective Bargaining Agreement allows clubs to carry up to three players on two-way contracts instead of just two.
Rockets Sign Jeff Green To Two-Year Contract
JULY 7: The Rockets have officially signed Green, the team announced today in a press release.
As we relayed in a separate story, the terms of Green’s deal have reportedly been amended — it’s now a two-year, $16MM contract, with a non-guaranteed second year. He was signed into Houston’s cap room.
JULY 1: The Rockets and free agent forward Jeff Green have agreed to a one-year, $6MM contract, league sources tell Michael Scotto of HoopsHype (Twitter link).
Green, who will turn 37 in August, is entering his 16th NBA season, but showed with the Nuggets in 2022/23 that he still has a little left in the tank. He averaged 7.8 points and 2.6 rebounds in 19.5 minutes per game across 56 appearances.
Green’s three-point percentage dipped to 28.8% last season, but he has a career 33.7% rate and can defend multiple frontcourt positions. He played rotation minutes during Denver’s championship run, appearing in all 20 playoff games and averaging 17.2 minutes per night.
The Nuggets were open to a reunion with Green, but not at the salary he’s getting from Houston, tweets Mike Singer of The Denver Post.
It has been a busy day for the Rockets, who have agreed to a series of moves that will eat up most of their cap room, including a free agent deal with Jock Landale, a sign-and-trade for Dillon Brooks, and a trade for Patty Mills, who will be rerouted as part of the Brooks sign-and-trade. Depending on how Houston structures its transactions, Green could either be signed into cap space or the room exception.
The Rockets likely envision Green as a player who can be a leader in the locker room and provide some veteran savvy on the court.
Rockets Notes: Brooks Deal, Green, Harden, Martin
The Rockets‘ multi-team sign-and-trade deal for Dillon Brooks will expand further to include the trade agreement between Houston and the Clippers involving Kenyon Martin Jr., according to Jonathan Feigen of The Houston Chronicle (subscription required).
Houston’s deal that sends TyTy Washington and Usman Garuba to the Hawks will also be part of the Brooks sign-and-trade with the Grizzlies. With the Clippers involved and the Thunder set to take on Patty Mills in the complex transaction, it will be at least a five-team trade.
The Rockets, who acquired a second-round pick from Brooklyn for Mills and are getting two more from the Clippers for Martin, will send out five second-rounders in the deal — two to Atlanta and three to Oklahoma City. Those three picks going to the Thunder haven’t been reported yet, so it’s possible they’ll just be the three selections that Houston is receiving from the Nets and Clippers.
As we wait for the Rockets to complete their offseason moves, here are a few more notes out of Houston:
- Jeff Green‘s contract with the Rockets, originally reported to be worth $6MM for one year, will actually be for $16MM over two, with a non-guaranteed second year, tweets Bobby Marks of ESPN. Marks adds that Green’s first-year cap hit will be $8MM. If that figure is precise, rather than rounded, it means the forward will have to be signed using cap room rather than the room exception, which maxes out at $7.7MM.
- The hiring of Ime Udoka as head coach was a major factor in the Rockets’ decision to pivot away from James Harden and toward Fred VanVleet in free agency, a league source tells Steve Bulpett of Heavy.com. “From everything we’ve gotten out of there, it was a matter that Ime didn’t want him,” the source said. “At the beginning, were they thinking about Harden? Yeah. But then they hired Ime, and Ime said, ‘It’s not going to work here.'”
- Appearing on The IkoSystem podcast, Kenyon Martin Jr. spoke to Kelly Iko of The Athletic about the trade that will send him from the Rockets to the Clippers. Martin said that he appreciates the opportunity the Rockets gave him and added that Houston “will always have a place in my heart,” but admitted he’s looking forward to returning home to Los Angeles, where he was born and raised (Twitter audio clip).