As part of his two-year contract agreement with the Nets, Day’Ron Sharpe waived his right to veto a trade during the 2025/26 season, Hoops Rumors has learned.
A player who re-signs with his previous team on a one-year deal or a two-year deal that includes a second-year option is typically given an implicit no-trade clause, but a team can ask the player to give up that no-trade clause upon signing. Because Sharpe agreed to do so, he would lose his Bird rights if he’s traded ahead of February’s deadline.
[RELATED: NBA Players Who Can Veto Trades In 2025/26]
Even though he re-signed with his previous team, got a raise exceeding 20%, and signed for more than the minimum, Sharpe will become trade-eligible on December 15 instead of January 15 because the Nets were still operating below the cap upon completing his deal.
Here are more details on a few recently signed contracts from around the NBA:
Tragedy has struck Timberwolves big man Naz Reid and his family. His sister, Toraya Reid, was shot and killed Saturday in New Jersey, Eva Herscowitz of the Minneapolis Star Tribune reports. A New Jersey prosecutor charged Shaquille Green, whom the Ocean County Prosecutor’s Office said was in a relationship with Toraya Reid, with her murder.
Reid’s former teammate, Knicks star Karl-Anthony Towns, was devastated by the news.
“Heartbroken. No words can ever take away the pain for my brother,” Towns tweeted. “Holding everyone close in prayer today.”
Lithuania faces Greece in the quarterfinals of the EuroBasket tournament on Tuesday. Lithuanian general manager Linas Kleiza admits it will be difficult to keep Greece’s star player, Giannis Antetokounmpo, under control, Arik Barkas of Eurohoops.net writes.
“It’s a very tough matchup,” he said. “You guys (Greek media) have a very good team and a major superstar, one of the best, if not the best, players in the world. So this is a huge challenge for us, and we’re going to try to do our best, play hard, work hard, and see where it goes. But you guys definitely have a great team.”
So what is Lithuania’s plan?
“I don’t know. We’ll see tomorrow. Hope he has a bad game,” Kleiza said. “That’s all you can hope for. We’re going to try our best, but that’s why he’s the MVP. How do you stop that?”
We have more on the EuroBasket tournament:
Talen Horton-Tucker agreed to a contract with perennial Turkish power Fenerbahçe at the beginning of the month but he was given a 21-day window to continue to search for an NBA deal, according to Marc Stein in his latest Substack article for The Stein Line.
Horton-Tucker was unable to find a guaranteed contract in free agency last year but wound up spending the season with the Bulls. He made the team’s regular season roster after having signed a non-guaranteed Exhibit 10 deal last September — he was the only player on an Exhibit 10 contract to have that deal become a standard non-guaranteed deal.
Horton-Tucker eventually had his contract guaranteed when the Bulls decided to keep him around beyond the league-wide salary guarantee date in January.
Here’s more from around the basketball world:
7:00 pm: The Knicks never made a formal offer to Simmons, league sources tell Ian Begley of SNY.tv (Twitter link).
The question of whether or not a “formal offer” was made can come down to semantics — it’s possible Simmons indicated he wouldn’t accept a minimum-salary offer from New York before the team ever officially put it on the table.
12:06 pm: The Knicks offered Ben Simmons a one-year contract at some point this offseason, according to NBA insider Marc Stein (Substack link), who reports that the free agent guard passed on that proposal.
Due to their proximity to a hard cap, the Knicks aren’t able to offer more than the veteran’s minimum to any free agent, so it’s safe to assume that’s what their offer to Simmons was worth. According to Stein, the former No. 1 overall pick remains hopeful of signing a contract worth more than the minimum.
Simmons, 29, was the NBA’s Rookie of the Year in 2018, made three All-Star teams from 2019-21, and was the Defensive Player of the Year runner-up in 2021. One of the NBA’s best passers and defenders earlier in his career, he signed a maximum-salary rookie scale extension in 2019 that ran from 2020-25 — he was bought out of that deal this February before signing with the Clippers for the rest of the 2024/25 season.
Multiple back surgeries have slowed Simmons in recent years and his offensive numbers have fallen off when he has been healthy enough to play. While he was never much of a shooter, the former LSU standout was more willing to attempt field goals earlier in his career. His shot attempts per 36 minutes have declined in every single one of his NBA seasons, from 13.2 in 2017/18 to 7.2 in ’24/25.
Although he accepted a rest-of-season minimum deal with the Clippers in February, Simmons seems to be struggling to come to terms with the idea that he’s now being considered a minimum-salary player, as Jake Fischer detailed in his latest Bleacher Report live stream (YouTube link). Recent reports indicated that agent Bernie Lee has parted ways with Simmons and that the three-time All-Star isn’t 100% sure he wants to continue playing.
According to Stein, the Knicks and Celtics are the teams that expressed the most significant interest in Simmons this summer. Boston would likely also be capped at a minimum-salary offer due to the team’s proximity to the tax aprons.
Landry Shamet remains under heavy consideration to fill the Knicks’ available roster opening for a veteran’s minimum contract, according to Stefan Bondy of the New York Post. Shamet was a key reserve for the club last season, appearing in 50 games. Shamet has reportedly been working out in New York while hoping to re-sign with the Knicks.
A report from Marc Stein earlier on Monday indicated that Ben Simmons turned down an offer from the Knicks. Another prominent free agent, Malik Beasley, is a long shot to sign with them, according to Bondy, who names Malcolm Brogdon as another possibility for that veteran-minimum slot.
We have more from the Eastern Conference:
The Lakers are open to upgrading on the wing if they can find a player who contributes on both ends of the court and is capable of helping the team raise its ceiling, Marc Stein reports for The Stein Line (Substack link).
Stein cautions that Los Angeles isn’t looking to trade just for the sake of revamping the roster, but the Lakers are hoping the right opportunity presents itself in the coming months.
According to Stein, the Lakers were believed to be reluctant to take on anything more than expiring contracts earlier in the offseason, but that stance has “thawed somewhat.” Several weeks ago, multiple reports stated that L.A. was prioritizing preserving cap room for the summer of 2027.
Stein points to Andrew Wiggins as the type of player the Lakers are likely to be interested in, though it’s unclear if the Heat would move him, having recently sent signals that the team expects the former No. 1 overall pick to open the season in Miami. But if the Heat eventually decide to trim their payroll, Wiggins is a name to watch.
Wiggins will earn about $28.2MM in 2025/26, with a $30.2MM player option for 2026/27.
Stein hears the possibility of Wiggins being pursued by the Lakers gained steam after Luka Doncic signed a three-year extension in early August.
Reporting earlier this summer indicated that the Lakers had checked in with the Heat about Wiggins, but found Miami’s asking price to be “pretty high.” Dan Woike of The Athletic reported in mid-July that he was “pretty confident” the Lakers weren’t interested in Wiggins, though that was a few weeks before Doncic’s extension.
The Mavericks have officially confirmed head coach Jason Kidd‘s staff for the 2025/26 season, making the announcement in a press release (via Twitter).
Here are the new hires, all of whom are assistant coaches:
Eric Hughes, Josh Broghamer and Keith Veney will return as assistant coaches, per the announcement.
During his latest Bleacher Report live stream (YouTube link), NBA insider Jake Fischer said there have been persistent rumblings that the Sixers may be considering a salary-dump deal to give them more financial flexibility to re-sign restricted free agent Quentin Grimes.
“There has been buzz all summer long about the Sixers looking to potentially move one of, if not both, Andre Drummond and/or Kelly Oubre,” Fischer said. “If they are able to find a deal for one of those two guys as we get closer to camp, that would open up some more wiggle room for Philadelphia to be able to pay Grimes a little bit more (money).”
Both Drummond ($5MM) and Oubre ($8.4MM) exercised their player options for 2025/26 and will be unrestricted free agents next offseason.
This isn’t the first time Drummond has been mentioned in trade rumors this summer — Tony Jones of The Athletic reported on June 30 that Philadelphia was trying to move the two-time All-Star center. But we haven’t heard anything else on that front until now.
Yossi Gozlan of The Third Apron (Substack link) noted a few days ago that the Sixers could potentially dip below the luxury tax line while re-signing Grimes if they traded both Drummond and Oubre. Gozlan pointed to the Nets — the lone NBA team with cap room remaining — as a potential match.
A source confirmed to Net Income of NetsDaily.com that acquiring Drummond (along with other assets) would be the type of move Brooklyn is looking for.
Oubre is also no stranger to trade rumors and makes logical sense as a player on an expiring contract who could be moved. But we haven’t seen any reports linking him to a specific team.
When our Luke Adams discussed yesterday in a Front Office article what a contract compromise might look like between Grimes and the Sixers, he floated the possibility of a four-year, $65MM deal with a partial guarantee in year four.
For what it’s worth, Grimes recently took to Instagram to post a picture of himself in a Sixers uniform, as Kyle Neubeck of PHLY Sports relays (via Twitter).
12:04pm: According to Jackson’s source, the Heat have not made a contract offer to Achiuwa due to their proximity to the luxury tax but expressed a possible interest in doing so in the future.
Jackson hears that Achiuwa “would welcome” a return to Miami, noting that the Nigerian big man still has a home in the area. The Heat will remain in contact with Achiuwa, who has received interest from “several other teams,” Jackson adds.
10:49am: The Heat have been engaged in ongoing discussions with free agent forward/center Precious Achiuwa, reports Ira Winderman of The South Florida Sun Sentinel (subscription required). According to Winderman, Achiuwa is one of multiple big men the team has been in touch with as it considers ways to upgrade its frontcourt rotation.
As Winderman details, Bam Adebayo has expressed a desire not to play significant minutes at the five, but Miami doesn’t have many other established options in the middle, with second-year center Kel’el Ware and rookie two-way big man Vladislav Goldin among the only alternatives. Nikola Jovic and Keshad Johnson are other frontcourt candidates for the Heat, but both are somewhat undersized for the center spot.
Reports last month indicated that the Heat were considering free agent big men, including Kai Jones and Trey Lyles. Former Heat center Thomas Bryant also remains unsigned, Winderman notes, though the club’s level of interest in him is unclear.
While Miami currently has an open spot on its projected 15-man regular season roster, adding a 15th man on a minimum-salary contract would push the team’s salary over the luxury tax line. As a result, the front office has considered the idea of waiving Terry Rozier, Winderman writes.
Buyout talks with Rozier haven’t gained any traction, Winderman clarifies, but the guard’s $26.64MM salary isn’t quite fully guaranteed — Rozier’s partial guarantee is worth $24.92MM, so waiving him would generate about $1.72MM in extra cap flexibility, which would give the Heat enough room below the tax line to replace him with a new 14th man.
According to Barry Jackson of The Miami Herald (Twitter links), the idea of cutting Rozier has been discussed “a lot” internally, but there are other pathways the Heat could take. Waiting until December, when a prorated veteran’s minimum contract would fit under the tax line, is one possibility.
Miami could also temporarily exceed the tax line by signing a 15th man now, then duck back below the tax by waiving Rozier on or before January 7, since his partial guarantee won’t increase at all by then. However, as Winderman points out, if Rozier were to suffer a season-ending injury, the Heat would be required to pay his full salary, which would mean they’d need to find another way to get out of tax territory.
Achiuwa, who will turn 26 later this month, began his career with the Heat as the No. 20 overall pick in 2020. He was sent to the Raptors as part of the Kyle Lowry sign-and-trade during the 2021 offseason and has spent the past season-and-a-half with the Knicks after being traded from Toronto to New York along with OG Anunoby in December 2023.
Achiuwa is a bit undersized for a center and isn’t a threat as an outside shooter, but he’s an athletic, high-energy player who rebounds well and is a versatile, switchable defender. In 57 games in 2024/25, he averaged 6.6 points, 5.6 rebounds, and 1.0 assists in 20.5 minutes per contest, with a .502/.278/.594 shooting line.