Bucks To Receive Cap Benefit From Lillard’s New Contract

The Bucks will receive a salary cap benefit as a result of Damian Lillard‘s new three-year contract with the Trail Blazers, according to Bobby Marks of ESPN and Sports Business Classroom (Twitter link).

Milwaukee waived Lillard earlier this month and used the stretch provision to spread the $112.6MM he was owed on his previous contract over the next five years, resulting in annual cap hits of about $22.5MM.

As Marks explains, since Lillard’s salary with Portland exceeds the one-year veteran’s minimum salary ($2,048,494) for each of the next two seasons, the Bucks will receive a set-off amount of approximately $11.65MM. The formula for determining the exact amount involves taking Lillard’s new salary with the Blazers, subtracting the one-year vet minimum, and dividing that amount in half.

The set-off, which will be applied after the 2025/26 regular season, will reduce Milwaukee’s annual dead-money cap hits from $22.5MM to $20.2MM through ’29/30.

While $2.3MM annual savings might not seem like much, every little bit of financial flexibility could be helpful for the Bucks as they try to retool around Giannis Antetokounmpo. The reduction of Lillard’s dead money may also help the team waive-and-stretch another contract down the road without exceeding the maximum allowable 15% of the cap.

Before word broke this evening of Lillard’s agreement with the Blazers, Marks predicted on ESPN’s NBA Today that the seven-time All-NBA guard would reunite with Portland (Twitter video link).

While the Bucks are benefiting a little financially as a result of Lillard signing a new contract, it’s worth noting that the same won’t be true of the Suns with Bradley Beal, since the right to set-off is typically forfeited as part of a buyout agreement — Milwaukee simply waived Lillard rather than buying him out.


Luke Adams contributed to this story.

Nuggets Notes: Valanciunas, Adelman, Rotation, Holmes, Wallace

While the Nuggets have made it clear they expect Jonas Valanciunas to honor his contract, which will pay him $10.4MM next season, they also recognize they will need to make a concerted effort to help the Lithuanian center feel “comfortable and content” with the idea of spending (at least) the next year with the team, according to Bennett Durando of The Denver Post.

Valanciunas was reportedly interested in signing a three-year deal with Greek club Panathinaikos this summer but he still has one guaranteed year left on his NBA contract. Denver went through with its trade for Valanciunas and intends to have him on the roster this fall, though it remains to be seen how the 33-year-old feels about that idea, since his public comments haven’t revealed much to this point, Durando notes.

Head coach David Adelman said during a Summer League broadcast that he viewed Valanciunas as a “point center” of sorts. In an interview with Durando, he clarified what he meant.

He’s a bona fide, big-time center over the last decade who you can put in a bunch of different spots all over the floor,” Adelman told The Post. “And when I say ‘point center,’ I mean someone you can play through in the half-court. I don’t envision him getting a rebound and pushing the ball up. I do think some of the things we already do (work with him): playing five-out with back-side dribble hand-offs, playing off the elbows, posting him up against smaller lineups, his ability to make others better.

It’s not the assist numbers that matter to me. It’s his ability to start ball movement through the impact of who he is. So he’s an enormous get. I’m super excited about getting him here, getting him acclimated.”

Here’s more on the Nuggets:

  • From his comments, it seems clear that Adelman envisions Valanciunas having a significant role off the bench. But Adelman told Durando that free agent additions Bruce Brown and Tim Hardaway Jr. will have to earn whatever minutes they receive next season. “Those guys have to compete for spots. That’s new guys included. They all know that,” the coach said. “We’re very excited about some of the things those guys have done through their careers. We expect them to come to compete like they’ve done, and there’s a reason they’ve all played in rotations across the league. But this is going to be an open competition. I hope our young guys understand that. … And all those guys will complement Jonas. It’s gonna be the guys who earn these spots that get to play with him.”
  • Second-year big man DaRon Holmes is back in action at Summer League a year after suffering a torn Achilles tendon, which sidelined him for his entire rookie season. Holmes recognizes it’s going to take him some time to adjust to playing five-on-five again, Durando writes in another story for The Denver Post. “I always see people that are like, ‘Hey, this guy didn’t play well! This guy didn’t!’ It’s Summer League,” Holmes said. “Not even just for me; for all the other athletes out here playing. A lot of the rooks. They’re getting used to it. So it just takes some time. It’s like when you’re first playing when you’re a freshman going into college. That’s how it feels.”
  • Vinny Benedetto of The Denver Gazette details how Nuggets executive vice president of player personnel Jon Wallace made a habit of proving people wrong during his time at Georgetown. Wallace’s former college coach thinks he’s well suited for his new job. “Jon Wallace is a hoop head, who, oh, by the way, is also extremely intelligent, who, oh, by the way, is a connector and understands the dynamics of putting a unit together,” John Thompson III told Benedetto. “He’ll be able to take the owner’s vision and be able to execute that. I think he will do many aspects of the job at a very high level.”

Fischer’s Latest: Nets, Thomas, Giddey, Grimes

Rival NBA executives and agents alike are curious about what the Nets will do with their remaining cap room, writes Jake Fischer of The Stein Line (Substack link). While general manager Sean Marks has aggressively signed restricted free agents to offer sheets in previous offseasons, that has not been the case this summer, Fischer notes.

According to Fischer’s sources, Brooklyn has yet to “significantly engage” in contract discussions with its own RFA, Cam Thomas.

As Brian Lewis of The New York Post tweets, the Nets are still below the minimum salary floor and could create about $25MM in cap space if they waive a handful of players on non-guaranteed (or lightly guaranteed) contracts. While some fans are “fretting” about Thomas’ situation, Lewis hears from a source (Twitter link) that neither the Nets nor the 23-year-old guard are in a rush to reach an agreement.

Here’s more from Fischer on a few noteworthy restricted free agents:

  • The agents of Bulls guard Josh Giddey “have not wavered” in their desire to secure their client a deal that would pay him $30MM per year. However, to this point, Chicago’s front office has presented offers “much closer” to $20MM in annual average value, sources tell Fischer.
  • While the Sixers have expressed a desire to retain Quentin Grimes, a deal has yet be finalized. Still, there’s an expectation that will eventually happen, according to Fischer, who writes that the 25-year-old wing is likely to sign a contract covering at least three years.
  • We highlighted in a separate story Fischer’s report that the Suns have expressed “exploratory interest” in Warriors forward Jonathan Kuminga but a sign-and-trade seems unlikely. John Gambadoro of Arizona Sports 98.7 confirms (via Twitter) that Phoenix is intrigued by Kuminga and says he isn’t entirely ruling out a deal coming together, but acknowledges the odds of it occurring are “in the low range.”

NBA Reportedly Concludes Kevin Porter Jr. Investigation

The NBA has concluded its investigation of Kevin Porter Jr.‘s domestic violence incident from September 2023, according to Law Murray of The Athletic, who reports (via Twitter) that the 25-year-old guard received a four-game suspension but won’t actually have to miss any games during the upcoming season.

As Murray tweets, Porter missed the entire 2023/24 season as a result of the incident, having been traded from Houston to Oklahoma City and subsequently cut by the Thunder in October 2023. Due to those circumstances and the information discovered in the league’s investigation, the four-game suspension will be considered already served, says Murray.

Porter was arrested in September 2023 following an altercation with his then-girlfriend, ex-WNBA player Kysre Gondrezick, and was originally charged with felony counts of assault and strangulation. He reached a plea deal in Manhattan in January 2024, agreeing to reckless assault in the third degree, a misdemeanor, as well as harassment in the second degree, which is considered a violation.

Several weeks after Porter’s arrest that September, Gondrezick disputed Manhattan prosecutors’ characterization of the incident that took place on September 11, telling Priscilla DeGregory and Emily Crane of The New York Post that Porter “never balled his fists up and hit me” and “definitely didn’t punch me in the face numerous times.”

A second-degree assault charge against Porter was dropped at that time after it was determined that Gondrezick’s vertebra fracture was a congenital defect and not caused by the former Rocket.

“It happened very fast, not to the degree of what was reported,” Gondrezick said of the altercation. “And it was an argument that occurred in the room for not even 10 seconds.”

The NBA put the Porter investigation on hold while he played in Greece during the ’23/24 campaign, but resumed it when he signed with the Clippers last July. Porter was traded to the Bucks in February and re-signed with Milwaukee on a two-year deal earlier this month.

And-Ones: Jokic, DiVincenzo, 2027 Draft, Sheehey

Superstar Nuggets center Nikola Jokic is expected to confirm that he’ll play for the Serbian national team at this summer’s EuroBasket tournament, according to Dorde Matic of Meridian Sport. In fact, the same group that led Serbia to a bronze medal at the 2024 Olympics in Paris is expected to be available when EuroBasket 2025 tips off in late August, Matic writes.

Jokic also won a silver medal with Serbia at the 2016 Olympics in Rio de Janeiro, notes Kevin Martorano of Sportando.

Here are a few more odds and ends from around the basketball world:

  • Timberwolves guard Donte DiVincenzo, who spoke in April about his desire to suit up for Italy at EuroBasket 2025, has been granted Italian citizenship, clearing the way for him to play at the tournament, per BasketNews.com. The 28-year-old will formally be sworn in as an Italian citizen in Chicago after Italy’s president, Sergio Mattarella, approved the proposal to make DiVicenzo a citizen on Thursday, reports Alessandro Maggi of Sportando.
  • While the top of the 2026 NBA draft class is viewed very favorably, executives are not enthusiastic about the prospects who could be selected in 2027, writes Jonathan Givony of ESPN. “This is one of the weakest high school classes I’ve seen in a long time,” one grizzled talent evaluator with extensive experience in the amateur youth space told ESPN. “There might not be a single All-Star in this group, and after the first few prospects, I’m not sure how many NBA starters I see either from the other five-star recruits. New players always emerge, but by now we usually have a pretty good idea of who the most elite prospects are, and it’s looking like slim pickings, even more so than the weak 2024 NBA draft, which at least had several high-end international prospects we could point to.”
  • Will Sheehey, who has spent the past four years in various coaching-related roles with the Warriors, has officially signed a one-year deal with the Bakken Bears to become an assistant coach and head of the Danish club’s player development program, as Johnny Askounis of Eurohoops relays. Sheehey’s most recent title with Golden State was assistant director of player development and innovation, Askounis adds.

Suns Show ‘Exploratory Interest’ In Jonathan Kuminga

The Suns have expressed “exploratory interest” in a sign-and-trade acquisition of Warriors restricted free agent Jonathan Kuminga, reports Jake Fischer of The Stein Line (Substack link).

After buying out Bradley Beal and using the stretch provision to gain some cap flexibility, the Suns contacted both Kuminga’s representation and the Warriors regarding a potential transaction. However, the Suns — who dropped under both tax aprons via Beal’s buyout — still face major obstacles in pulling off a deal for Kuminga.

Golden State wants some level of first-round draft compensation in any Kuminga trade and the Suns are lacking in draft capital, Fischer writes. The current Suns roster also doesn’t appear to feature the type of player that would interest the Warriors front office.

Phoenix’s interest in Kuminga stems back to the February trade deadline when the Warriors sought a potential trade for Kevin Durant.

It’s not out of the question that Kuminga could remain with Golden State, but one side or the other would have to blink. Agent Aaron Turner has held numerous discussions with Warriors officials in Las Vegas this month trying to secure a contract that pays at least $25MM in average annual salary, even in the short term, according to Fischer. The Warriors have been reluctant to meet that price in a long-term agreement.

In terms of other possible destinations for Kuminga, the Kings have seemingly shown the most interest but Kuminga’s camp has also held out hope for a potential sign-and-trade with the Bulls. That scenario has yet to materialize, as Chicago has its own concerns about trying to re-sign restricted free agent and starting point guard Josh Giddey.

New York Notes: Mann, Kolek, Demin, Wolf, Saraf

Veteran guard Terance Mann was acquired by the Nets from the Hawks in the three-team trade that sent Kristaps Porzingis from Boston to Atlanta. The main motivation for the Nets to take part in the deal was to acquire another first-rounder, which they used on Drake Powell.

Mann still has three years and $47MM remaining on his contract. He appeared in a combined 67 games with the Clippers and Hawks last season and is embracing a leadership role on a team filled with rookies and other young players.

“For sure. I’m the oldest on the team. Yeah, so definitely,” Mann told Brian Lewis of the New York Post. “It’s definitely new for me coming from the Clippers, where guys were a lot older than me. So, it’s an adjustment for me, for sure. But I’m excited to embrace the journey, taking these guys under my wing, showing them how to be professionals.”

We have more on the New York teams:

  • Heading into his second NBA season, Knicks guard Tyler Kolek bounced back from two subpar outings in Summer League play and lit up the Nets for 25 points, four steals and four assists on Tuesday. Kolek felt he was putting too much pressure on himself prior to Tuesday’s outburst. “When I’m playing at my best,” Kolek told Stefan Bondy of the New York Post (subscription required), “I got that swagger, I got that s— to me.”
  • The Nets collected their first Summer League win on Wednesday and Egor Demin and Danny Wolf were a big part of that success. Demin hit three key three-pointers in the late going and Wolf supplied 18 points, six rebounds and four assists. “I was just a little bit too sped up,” Wolf told Lewis. “I just went into this game with just a more relaxed mindset, just let the game come to me a little bit better and do what I do best and just play a little bit slower. And I think I did that to the best of my ability.”
  • Nets first-round pick Ben Saraf is struggling to adjust to the NBA style so far, Lewis writes (subscription required). The Israeli guard played in Germany last season and has found out quickly he has a lot to learn to be an effective player at this level. “I think the spacing, the pace and the athleticism are the most different things,” Saraf said. He has shown some hesitance to shoot and has not made a three-pointer in four attempts. “In Germany we had a lot of threes, but it’s different. Yeah, we need to make adjustments. Me and all the other guys, and we will do it,” Saraf said.

Nassir Little Signs With Chiba Jets

Veteran NBA forward Nassir Little will play overseas for the first time during the 2025/26 season, having signed a one-year contract with the Chiba Jets, according to a press release from the Japanese team.

“I’m excited about the opportunity to help the Chiba Jets win a championship!” Little said in a statement relayed by the club. “I know some of the players on the team and I’ve been to Japan for vacation so I really look forward to this experience. I’ve heard Chiba is a great club with a great new arena and great fans. I look forward to meeting everyone and I’m excited to have a great season!”

The 25th overall pick in the 2019 NBA draft out of UNC, Little spent the first four years of his NBA career with Portland before being traded to Phoenix during the 2023 offseason as part of the three-team Damian Lillard/Jrue Holiday blockbuster. After a single season with the Suns, he was waived and spent the 2024/25 campaign with the Sioux Falls Skyforce, Miami’s G League affiliate.

In 237 career NBA regular season games, Little has averaged 5.5 points and 2.9 rebounds in 15.8 minutes per contest, with a shooting line of .452/.330/.735.

The 25-year-old was a solid rotation piece during his last couple seasons with the Blazers, but dealt with shoulder and abdominal injuries during that time, then struggled to make an impact for the Suns, registering averages of 3.4 PPG and 1.7 RPG in 10.2 MPG across 45 outings and making just 30.0% of his three-point shots.

Former NBA forward Yuta Watanabe, who played with Little in Phoenix, is perhaps the most familiar name on the Chiba Jets’ roster. The club competes in Japan’s top basketball league (the B.League).

Raptors Notes: Poeltl, Webster, Ujiri, Ingram

Newly extended Raptors center Jakob Poeltl will serve as an integral frontcourt piece for Toronto this year, in part because the team is light at the center position beyond the 29-year-old, writes Michael Grange of Sportsnet.ca.

Earlier this summer, Poeltl inked a new four-year, $104MM deal that will keep him under contract through 2029/30. In 57 healthy games for Toronto last season, the seven-footer out of Utah averaged 14.5 points, 9.6 rebounds, 2.8 assists, 1.2 blocks, and 1.2 steals per contest.

Grange notes that free agent addition Sandro Mamukelashvili could add jump shooting and face-up scoring in spot minutes, but suggest that Poeltl being an established commodity means he will be heavily leaned upon.

No. 57 pick Ulrich Chomche may be raw, but Grange observes that the 19-year-old has shown some potential already in Summer League.

The Raptors, meanwhile, made a big front office move this summer when they parted ways with longtime team president Masai Ujiri. The move happened while Poeltl was in the midst of contract negotiations on his extension.

“Obviously that was an extra conversation there, like, ‘Hey, does this change anything, what’s going on, what’s the deal with our future?’” Poeltl said. “But honestly, at the end of the day, it didn’t change much.”

Here’s more on the Raptors:

  • According to Josh Lewenberg of TSN.ca, Toronto’s search for its new president — and a promise from the club’s new ownership group to continue making changes — has left people within the organization uneasy. “Everybody is scared,” a source told Lewenberg. “The closer you are to the top, the more you feel it.”
  • Lewenberg proceeds to make the case for Ujiri’s longtime second-in-command, general manager Bobby Webster, to become his permanent replacement. However, he says the Raptors’ ownership group (Maple Leaf Sports & Entertainment) enlisted the services of search firm CAA Executive Search, who submitted a list of recommended targets to the MLSE board last week.
  • What the team’s next personnel moves will be remain unclear. Several sources have described Ujiri as the “driving force” behind Toronto’s trade for former All-Star forward Brandon Ingram, per Lewenberg. Whether Ingram would remain a core part of the retooled roster under a new regime remains uncertain.
  • Lewenberg notes that the team could also potentially keep Webster in his current position, handling basketball operations, before making a long-term commitment to him.