Timberwolves Sign Jaedon LeDee To Exhibit 10 Contract
Former San Diego State forward Jaedon LeDee has agreed to an Exhibit 10 contract with the Timberwolves, sources tell Michael Scotto of HoopsHype (Twitter link). The deal is official, per RealGM’s transaction log.
LeDee, 25, joined Minnesota’s Summer League team after going unselected in this year’s draft. He appeared in five games in Las Vegas, averaging 2.6 points and 2.0 rebounds in 9.8 minutes per night.
LeDee began his collegiate career at Ohio State, but transferred to TCU after his freshman season. He moved on to San Diego State two years later and was part of the 2023 Final Four team. He originally declared for the draft in 2023, but withdrew his name to spend one more season in college.
The Wolves currently have 14 players on standard contracts and all three of their two-way slots filled, so LeDee faces long odds to earn a roster spot. He’ll likely end up with the team’s G League affiliate in Iowa, where he’ll be eligible to earn a bonus of up to $77.5K by remaining with the team for 60 days.
LeDee’s signing brings Minnesota’s roster to 20 players, one off the 21-man offseason limit.
Philadelphia Mayor Announces Agreement With Sixers For New Arena
A tentative agreement has been reached to keep the Sixers in Philadelphia, Mayor Cherelle L. Parker announced on Twitter (video link). The deal, which must be approved by city council, involves a new arena in Center City.
“This is a historic agreement,” Parker said. “It is the best financial deal ever entered into by a Philadelphia mayor for a local sports arena. I wholeheartedly believe it is the right deal for the people of Philadelphia.”
The new arena would be located on Market Street East, which Jeff Gammage, Sean Collins Walsh and Ximena Conde of The Philadelphia Inquirer describe as a “beleaguered” section of the city. Parker promises that the new facility will generate tax revenue for the city and local schools, create hundreds of new jobs and launch “the start of an unprecedented revival of Market Street.”
According to the Inquirer, Parker’s statement followed a meeting with leaders from Chinatown, who have opposed development in the area. Dozens of Chinatown residents gathered outside City Hall on Wednesday to protest the proposed arena, vowing that they will continue to fight it.
The agreement with the Sixers comes after an offer from New Jersey to provide $400MM in tax credits and build a multi-purpose arena once the lease at Wells Fargo Arena expires in 2031. The team currently rents the arena from Comcast Spectacor and has plans to build a $1.3 billion facility when a location is officially secured.
The Sixers released a statement expressing optimism about the new agreement, relays Kyle Neubeck of PHLY Sports (Twitter link).
“We are grateful to Mayor Parker and her team for their time and diligence in evaluating our proposal,” the statement reads, “and look forward to advancing to the next steps with City Council.”
Hoops Rumors Chat Transcript: 9/18/2024
Hoops Rumors hosted a live chat today at 11 a.m. Central time (noon Eastern). Click here to read the transcript.
Philip Alston Joins Bucks On Exhibit 10 Contract
SEPTEMBER 18: A month-and-a-half after the deal was first reported, Alston signed with the Bucks on Tuesday, according to RealGM’s log of official transactions.
AUGUST 2: Free agent Philip Alston will sign an Exhibit 10 contract with the Bucks, sources tell Jon Chepkevich of DraftExpress (Twitter link).
The 22-year-old forward went undrafted out of Loyola Chicago after averaging 12.2 points and 4.6 rebounds as a senior in 29 games with the Ramblers. He spent the last two seasons at Loyola after playing three years at California, Pa.
Alston was part of Milwaukee’s Summer League team, appearing in three games in Las Vegas and averaging 4.7 points and 2.3 rebounds in 12.3 minutes per contest. He was given a start in his final game and responded with 11 points, five rebounds, two assists and a steal.
The Bucks have a virtually full roster with 14 players holding guaranteed contracts, plus Andre Jackson on a partially guaranteed deal and no two-way spots available. There’s little chance that Alston will make the team in training camp, but the Exhibit 10 deal provides him with an opportunity to earn a bonus of up to $77.5K if he spends at least 60 days with the Bucks’ G League affiliate.
T.J. Warren, Nassir Little Working Out For Kings
T.J. Warren is among several veteran players working out for the Kings this week, sources tell Sam Amick of The Athletic (Twitter link). The team is also auditioning Nassir Little and Jae Crowder, whose workout was reported earlier.
Warren, 31, was out of the NBA for most of last year before landing a pair of two-way contracts with the Timberwolves in March and eventually signing for the rest of the season. He got into 11 games with Minnesota, averaging 3.7 points and 2.0 rebounds in 11.4 minutes per night, but made just three brief appearances during the playoffs.
Warren hasn’t played a full season with anyone since he suffered a left foot injury that caused him to miss the entire 2021/22 campaign. He spent most of his career with the Suns and Pacers and was a star with Indiana in the Orlando “bubble” after the 2020 hiatus ended.
Little, 24, has been a free agent since Phoenix waived him late last month. The combo forward appeared in 45 games for the Suns last season, making two starts and posting 3.4 points and 1.7 rebounds in 10.2 minutes per night. He spent his first four NBA seasons in Portland before coming to Phoenix in a three-team trade last September.
Crowder, 34, played the past year and a half with the Bucks and averaged 6.2 points and 3.2 rebounds in 50 games last season while making 25 starts.
The Kings already have 14 players on standard contracts and would move into luxury tax territory by filling their 15th roster spot. However, two of those contracts aren’t fully guaranteed, so they will have options if somebody is impressive in a workout.
Keon Ellis seems safe on a non-guaranteed contract, but Orlando Robinson only has a $500K partial guarantee. Their contracts won’t become fully guaranteed until January 10, the league-wide guarantee date.
With 20 players currently on its offseason roster, Sacramento can make one more addition before the start of training camp.
Wolves Notes: Financial Future, Dillingham, Ingles, Gobert
There’s been unprecedented offseason excitement surrounding the Timberwolves after they reached the Western Conference Finals, but their time as title contenders could be limited, writes Jon Krawczynski of the Athletic. While ticket sales and sponsorships have reached an all-time high, there are financial realities on the horizon that threaten the team’s future.
Minnesota already has an expensive roster with Karl-Anthony Towns, Rudy Gobert and Anthony Edwards playing on max contracts, and Jaden McDaniels, Naz Reid and Mike Conley all have lucrative deals as well. The Wolves are one of four teams operating above the second apron, which imposes significant financial penalties and severely restricts their ability to make roster moves.
Krawczynski points out that wealthier rivals like the Warriors and Clippers made roster decisions this summer to ease their financial burdens, even if those choices meant sacrificing talent. Both those teams have stable ownership situations, unlike the Wolves, who are the subject of a battle between Glen Taylor and the Marc Lore/Alex Rodriguez group that won’t be decided until after a November arbitration hearing.
Krawczynski also notes that Minnesota has rarely been a taxpaying team since Taylor took over as owner. He speculates that anything short of a championship season could result in a roster upheaval, speculating that rival teams already have their eyes on a potential breakup. Towns has long been involved in trade rumors, while Gobert is eligible for an extension with just one guaranteed year (plus a player option) left on his current deal, Reid holds a player option for the 2025/26 season, and Nickeil Alexander-Walker will be seeking a raise next offseason following the final year of his current contract.
There’s more from Minnesota, all from Krawczynski:
- The Wolves didn’t seek a veteran guard to back up Conley this summer because they have confidence in first-round picks Rob Dillingham and Terrence Shannon. They lost Kyle Anderson, Jordan McLaughlin and Monte Morris from last year’s roster, and Dillingham is the team’s only true point guard behind Conley. At Kentucky, Dillingham displayed a quick first step to get past defenders, and Krawczynski states that general manager Tim Connelly believes the young guard can create opportunities for his teammates.
- Minnesota hopes Joe Ingles will replace the play-making from the wing it lost when Anderson left, Krawczynski adds. Ingles, who signed as a free agent, also provides much better shooting, although he’ll turn 37 in October.
- Krawczynski notes that Gobert responded to offseason criticism last year by becoming a better fit in the Wolves’ offense and winning Defensive Player of the Year honors for the fourth time. The French big man may feel like he has something to prove again after his embarrassing lack of playing time during the Summer Olympics.
Kyle Kuzma Wants To Play In 2028 Olympics
Wizards forward Kyle Kuzma is hoping to play in the 2028 Olympics, and he’s willing to represent another nation if he doesn’t land a spot with Team USA. In an interview with All-Star Magazine (YouTube link), Kuzma talked about watching the U.S. win a gold medal in Paris last month and wanting to be part of that experience.
“My number one goal is to play with Team USA in the Olympics, 100%, in four years,” he said during a visit to Manila. “I had the opportunity to play for Team USA back in the 2019 FIBA World Cup before I broke my foot, but I think it’s really cool that other players are going other places to play. Because it’s very, very tough to play for Team USA. It’s the top of the top, and it’s a little political at some times. But I’m going to work really hard and hopefully one day I can get back there.”
Kuzma celebrated his 29th birthday this summer, so he’ll be 33 when the Olympic Games return to Los Angeles in four years, likely making it his last chance to participate. While the Flint, Michigan, native prefers to represent his native country, he expressed an openness to the idea of playing for the Philippines national team, which would require clearance from FIBA and Team USA.
“I could rock out with JC (Jordan Clarkson),” Kuzma said. “That’d be cool.”
Kuzma is currently preparing for his eighth NBA season and his fourth with Washington. He’s one of the few veteran players on the Wizards, who are in the midst of a youth movement and are likely to have one of the top picks in next year’s draft.
Kuzma’s long-term role with the franchise appears uncertain. He’s coming off one of the best seasons of his career — averaging 22.2 points, 6.6 rebounds and 4.2 assists in 70 games — so he could have more value to a contender, and the front office may be willing to part with him to add to its stockpile of draft assets. Kuzma has three seasons remaining on the extension he signed last summer, so he doesn’t have much leverage if he decides he’d rather play for a team with a better chance of winning.
Among the other topics Kuzma addressed in the interview was his admiration for Heat president Pat Riley, although their paths have never crossed in the NBA.
“I’ve always admired him,” Kuzma said. “I just admired his no-nonsense approach when it came to basketball, and being professional, because that’s me. When I’m off the court, I’m very fun, I have all these different passions, but when I step (on the court), I’m very serious because I love it and it’s important to me. I just love what he stands for and his tutelage of the sport. From the Showtime (Lakers) years up until just building what the Heat culture is, it’s pretty phenomenal.”
International Notes: Bertans, Caboclo, Yurtseven, Toohey
Davis Bertans‘ new contract with Dubai Basketball Club is one of the major international moves of the offseason, but general manager Dejan Kamenjasevic reveals that the team didn’t have to break the bank to sign the longtime NBA player, according to BasketNews. Without going into detail about the deal, Kamenjasevic states that he was able to add Bertans while staying within his planned budget.
“He played in the ABA League before moving to the NBA for seven seasons, where he earned millions, so he’s financially secure,” Kamenjasevic explained. “We’ve been saying this all along, but people didn’t believe us. Now, players, referees, and teams are starting to see that Dubai is a legitimate project with stability. The budget is still below the (4 million Euros) figure we mentioned, even though many think we paid more to sign Bertans. He didn’t come for the money. He came for the vision and the project.”
Bertans had been in the NBA since the 2016/17 season, playing for five teams and landing a five-year, $80MM contract in 2020. He’s joining a new venture in Dubai and will be the biggest star on a club that’s preparing for its first season in the ABA (Adriatic) League.
“If we look at the players who returned from the NBA to Europe this year — Cedi Osman, Sasha Vezenkov, Evan Fournier, Usman Garuba, and now Bertans — only Davis Bertans had a real role in the NBA,” Kamenjasevic added. “It’s a miracle because we didn’t just bring in someone who sat on the bench; we brought in a player who played.”
There’s more international news to pass along:
- In an interview with SDNA, Bruno Caboclo says he was waiting for another NBA opportunity, so his options were limited when he decided to play overseas. He reportedly had a workout with the Warriors in late August, but he wound up signing with Hapoel Tel Aviv in Israel. “It was a decision that came late for me,” Caboclo said. “I was trying to go to the NBA after the season ended. I didn’t have that opportunity in the end, all the clubs had already signed players and Hapoel was the only option but also the best possible for me.”
- Omer Yurtseven is happy to reunite with Panathinaikos head coach Ergin Ataman even though they have clashed during their time with the Turkish national team, Eurohoops relays. “The team welcomed me with open arms from the first day,” Yurtseven told COSMOTE TV. “I would like to thank everyone on the team, especially coach Ataman. I feel like I am playing at home.”
- Alex Toohey raised his draft stock with his performance during the NBL Blitz in Australia, according to Olgun Uluc of ESPN. The 20-year-old forward scored 26 and 24 points in the two games he played while displaying a larger frame and an improved outside jumper. Nets general manager Sean Marks was among several NBA executives and scouts who attended the event.
Spurs Waive Jamaree Bouyea
1:50pm: The Spurs have officially waived Bouyea, per a press release from the team.
10:40am: The Spurs will open up a two-way roster spot by waiving Jamaree Bouyea, league sources tell Michael Scotto of HoopsHype (Twitter link).
The 25-year-old guard signed a two-year contract with the team in March and appeared in three games. He spent most of last season in the G League, averaging 17.1 points, 7.3 assists, 6.0 rebounds, 2.1 steals and 1.4 blocks per game with Austin and Sioux Falls.
Bouyea’s NBA career began in 2022 when he signed with Miami after going undrafted following five collegiate seasons at San Francisco. He appeared in five total games with the Heat and Wizards during the 2022/23 season.
Bouyea inked a two-way contract with Miami last summer, but was waived before the start of the season. He joined the Trail Blazers on a two-way deal in November, but was released 10 days later.
The move provides the Spurs with a little bit of roster flexibility heading into training camp. David Duke and Harrison Ingram hold the team’s other two-way slots.
Klay Thompson: Mavericks “Can Do Something Special”
Klay Thompson is preparing for his first season with the Mavericks by immersing himself in the team’s history and culture, writes Grant Afseth of Dallas Hoop Journal. That experience continued Saturday at the Dirk Nowitzki Foundation Tennis Classic, where Thompson participated alongside franchise legends such as Nowitzki, Steve Nash and J.J. Barea.
“It’s a great opportunity to be a part of this and kind of get myself ingratiated into everything,” Thompson said. “I grew up watching Dirk and Steve, so I have great respect for those guys. I just wanted to get a feel for the city, and it’s fun to be out here. Tennis is a great sport. I’m just excited to play today and hopefully hit some good shots.”
At age 34, Thompson is beginning a new phase of his career after agreeing to a free agent deal with Dallas this summer and being acquired in a complex six-team trade. He won four titles with the Warriors and is counting on continuing that success with the Mavericks after their run to the NBA Finals last season.
According to Afseth, Thompson’s efforts to bond with his new teammates included a boat trip to Catalina Island.
“We had a great crossing; the water was beautiful that day, the sun was out, and it was awesome,” Thompson said. “We did a lot of fun things, whether it was diving off the boat, riding jet skis, or just swimming to shore. It was such a beautiful day, and I think those moments as teammates are the ones you cherish for life. Now it’s go time, so we don’t have as much leisurely time to do that, but I’ll cherish that memory forever. That’s the beauty of being a veteran—trying to show the younger guys another side of life that we don’t get to experience as much once the season starts. So that was really, really fun.”
“Go time” includes the start of training camp in a couple weeks, leading into a season where the Mavericks are expected to once again be title contenders. Thompson brings another element to the team as one of the top three-point shooters in NBA history, and he figures to get plenty of open looks playing alongside Luka Doncic and Kyrie Irving.
Even though Thompson’s game has declined somewhat due to age and a pair of serious injuries, he remains a prolific outside shooter that opposing defenses will have to account for. He averaged 17.9 PPG in 77 games for the Warriors last season while connecting at 43.2% from the field and 38.7% from three-point range.
To learn more about the Mavericks franchise, Thompson watched videos of the 2011 championship team that surprised the Heat in the Finals. He marveled at the chemistry that group displayed and hopes to emulate it this season.
“I’m excited; it’s a whole new chapter of my career that has the potential to be really special,” he said. “The team was so close last year—three wins away from a championship—so I know we have the ingredients for success. We just have to stay together and build week by week. I know we can do something special, and that’s why I’m here early, just to get a feel for the city and the lay of the land. And I’m having fun while doing it.”