Grizzlies Acquire No. 30 Pick Santi Aldama From Jazz
AUGUST 7: The draft-night trade between the Jazz and Grizzlies is now complete, per a team release from Memphis. The two teams had to wait until the Grizzlies officially acquired the rights to No. 40 pick Jared Butler from New Orleans before they could officially complete this deal.
As detailed below, the final trade is the Grizzlies receiving Almada’s draft rights in exchange for the rights to Butler and two future second-round picks. Those second-rounders heading to Utah are Memphis’ own selections in 2022 and 2026, per Chris Herrington of The Daily Memphian (Twitter link).
JULY 29: The Jazz will send the 30th pick to the Grizzlies, tweets ESPN’s Adrian Wojnarowski. Memphis will select Loyola Maryland forward Santi Aldama, Woj adds (via Twitter).
Utah will receive the 40th pick and two future second-rounders in return, according to Chris Herrington of The Daily Memphian (Twitter link). The 40th pick was part of a trade with the Pelicans earlier this week that won’t become official until the moratorium ends.
The Grizzlies believed the Thunder were targeting Aldama in the second round, so they thought they had to trade up ahead of the 34-36 range to make sure he didn’t go to OKC, tweets Jeremy Woo of Sports Illustrated.
The 6’11” Aldama turned down an invitation to the combine and didn’t conduct any publicly-known workouts before the draft, notes Jonathan Givony of ESPN. Aldama said he preferred to play in his native Spain and discouraged teams from drafting him. That led many people around the league to believe he had a promise from somebody, and Memphis likely shut him down several months ago.
Clippers Acquire No. 51 Pick Brandon Boston From Pelicans
AUGUST 7: The trade is official, according to a press release from the Pelicans.
New Orleans announced that the second-round pick it received in the deal is the Kings’ 2022 second-rounder. However, that pick was top-54 protected when it was initially sent to the Clippers and is unlikely to convey, so the cash included in the deal is the primary return for the Pels.
JULY 29: The Clippers are adding a late-round selection by trading with the Pelicans for the No. 51 pick, tweets Shams Charania of The Athletic. L.A. is using the pick to draft Kentucky guard Brandon Boston Jr.
New Orleans will receive cash and a future second-round choice in return, according to Andrew Lopez of ESPN (Twitter link).
The pick originally belonged to the Grizzlies and was included a trade that was agreed to earlier this week, but can’t be finalized until after the moratorium ends. The Clippers also acquired the No. 33 pick tonight in a trade with the Magic.
Boston, 19, played just one season with the Wildcats, averaging 11.5 points and 4.5 rebounds in 25 games.
Warriors Sign Stephen Curry To Four-Year, $215MM Extension
AUGUST 6: Curry’s extension is now official, according to an announcement from the Warriors.
“We’re thrilled to have Stephen in the fold for the next five years, with the vision of him playing his entire career with our franchise,” Warriors president of basketball operations Bob Myers said in a statement. “He epitomizes everything that you’d want in the leader of your basketball team with incredible character, humility, community-minded spirit and a team-oriented approach. On the court, he’s a generational player who has changed the game and won consistently at the highest level. We’re blessed and fortunate to have him on our team, and are thankful to be part of an organization, led by Joe Lacob and Peter Guber, that is committed to winning.”
AUGUST 3: The Warriors and Curry are in agreement on the new four-year, $215MM extension that will go into effect beginning in 2022/23, agent Jeff Austin tells ESPN’s Adrian Wojnarowski (Twitter link). The star guard will become the first player in NBA history to sign two separate contracts worth more than $200MM, Woj notes.
AUGUST 2: Stephen Curry is expected to sign a $215MM extension that will keep him with the Warriors for four more seasons beyond 2021/22, according to Marc Stein of Substack.
Curry, 33, has been a cornerstone of the organization since being drafted in 2009. He won two MVP awards and led Golden State to five straight NBA Finals and three championships.
Returning from a hand injury that caused him to miss most of the 2019/20 season, Curry turned in another spectacular campaign, leading the NBA in scoring at 32.0 points per game while shooting 48.2% from the field and 42.1% from three-point range. It was the second scoring crown of his career.
Curry’s current deal runs through the end of next season, so the extension will keep him under contract through 2025/26. The Warriors will have their core in place for next few years, with Klay Thompson signed through 2023/24 and Draymond Green with two more years on his contract, plus an option for the 2023/24 season.
Curry will earn $45,780,966 in 2021/22 before his extension takes effect the following year. He’s already making more than the default maximum for a player with his years of experience, but a player’s individual maximum is always at least 5% of his previous salary. As such, he’ll get a 5% raise to $48.07MM for ’22/23, with 8% raises in the following seasons, all the way up to a staggering $59.6MM in ’25/26.
Thunder Rescind Sviatoslav Mykhailiuk’s Qualifying Offer
The Thunder have pulled their qualifying offer for Sviatoslav Mykhailiuk, tweets Michael Scotto of HoopsHype. The third-year swingman will now be an unrestricted free agent.
The offer was valued at about $2.08MM and it covered just the upcoming season. By rescinding it, Oklahoma City no longer has the opportunity to match any offer that Mykhailiuk might receive in free agency.
The Thunder acquired Mykhailiuk in a March trade with the Pistons. He appeared in 30 games for OKC, starting nine, and averaged 10.3 points and 3.0 rebounds per night.
Nuggets Ink Bones Hyland To Rookie Deal
Bones Hyland, taken with the 26th pick in last week’s draft, has signed a rookie contract with the Nuggets, according to the NBA.com transactions page.
Hyland was a high-scoring guard who spent two years at Virginia Commonwealth. He earned Atlantic 10 Player of the Year honors as a sophomore, averaging 19.5 points, 4.7 rebounds, 2.1 assists and 1.9 steals per game.
Most first-year players receive 120% of the rookie salary scale, so Hyland will likely earn a little more than $2MM in 2021/22 and can get up to $10.76MM over the next four years. We track all of this season’s rookie scale salaries here.
Corey Kispert Signs Rookie Deal With Wizards
The Wizards have signed Corey Kispert to a rookie contract, according to NBA.com’s transactions page.
Kispert, 22, was the 15th pick in this year’s draft. He earned first-team All-America honors at Gonzaga and helped the Zags reach the national championship game. Kispert put up career-best numbers as a senior, averaging 18.6 points and 5.0 rebounds per game while shooting 52.9% from the field and 44.0% from three-point range.
Assuming he received 120% of the rookie salary scale, Kispert will earn about $3.38MM in his first season and can make up to $16.36MM over the four-year deal.
And-Ones: Bates, Olympics, Free Agents, VanDeWeghe
Emoni Bates, who is considered the best high school prospect in the country, will reclassify into the Class of 2021 but still won’t be eligible for the NBA draft until 2023, writes Jeff Borzello of ESPN.
A 6’9″ small forward from Ypsilanti, Michigan, Bates committed to Michigan State last summer, but reconsidered in April. The Spartans are still among the options he is considering, along with Oregon, Memphis and the G League. Wherever Bates goes, he may stay for two years.
NBA draft rules require players to be a year removed from their high school graduating class and turn 19 in that calendar year. Bates’ 19th birthday isn’t until January of 2023.
Here are a few more odds and ends from around the basketball world:
- Tuesday’s losses by Argentina and Spain probably ended the long Olympic careers of Luis Scola, Marc Gasol and Pau Gasol, notes Brian Mahoney of The Associated Press. All three players had success in the NBA, but they’re equally famous throughout the world for what they accomplished in international competitions. “I’m 41,” said Scola, who won an Olympic gold medal in 2004 and a bronze in 2008. “I don’t see that many people playing that are my age.”
- French teammates Evan Fournier and Nicolas Batum were both in Tokyo when their contract agreements were being finalized, writes Joe Vardon of The Athletic. They are among a handful of players who are having the unprecedented experience of focusing on the Olympics and NBA free agency at the same time. “This morning I woke up at 3:30, I called my agent, like, ‘You gotta get a deal done right now so I can move on from it,’” said Batum, who got a new two-year contract from the Clippers.
- Long-time NBA league office executive VP of basketball operations Kiki VanDeWeghe has moved into a new role as special advisor, tweets Shams Charania of The Athletic.
Raul Neto Re-Signs With Wizards
AUGUST 7: Neto has officially re-signed, according to a team press release.
“We are very pleased to bring Raul back after the career year he had for us last season,” Wizards GM Tommy Sheppard said. “He was one of our most consistent players with a toughness and tenacity on both ends of the floor that allowed him to lead our second unit and step in when called upon as a starter.”
AUGUST 4: The Wizards will re-sign free agent guard Raul Neto, tweets Shams Charania of The Athletic.
Neto, 29, signed with Washington as a free agent last November. He averaged 8.7 points, 2.4 rebounds and 2.3 assists as the primary backup to Russell Westbrook, but also made 22 starts. He figures to keep the same role this season now that the Wizards have a sign-and-trade agreement for Spencer Dinwiddie, although Aaron Holiday will be in the mix as well.
A native of Brazil, Neto was drafted in 2013, but didn’t come to the NBA until two years later. He spent his first four seasons with the Jazz before signing with the Sixers in 2019.
Free Agency Rumors: R. Jackson, Cavaliers, Suns, Wizards
Reggie Jackson is getting a lot of interest on the free agent market after his strong playoff run, but the Clippers remain hopeful about re-signing him, tweets Jordan Schultz of ESPN.
Jackson, 31, is coming off a strong season and playoff run with the Clippers — he topped 20 points nine times during the playoffs and shot a career-high 43.3% from three-point range last season. Los Angeles holds his Early Bird rights and can offer him a starting salary worth up to nearly $10.4MM.
Money will be a key factor in Jackson’s decision, according to Schultz (via Twitter), who adds that the Pelicans may be a “sleeper team” in the race for the veteran point guard. New Orleans general manager Trajan Langdon is known to be a fan of Jackson.
There’s more news on free agency:
- After completing a trade for Ricky Rubio, the Cavaliers are still searching for another point guard, writes Chris Fedor of Cleveland.com. Sources tell Fedor that Cleveland has looked at Raul Neto, who played for the Wizards last season, and Brad Wanamaker, who finished the season with the Hornets. Fedor lists a few other names still on the market, such as Frank Ntilikina, Ryan Arcidiacono, Tim Frazier, Jeff Teague, Elfrid Payton and Mike James. The Cavs still have their $9.5MM mid-level exception left, along with the flexibility to open spots on the roster.
- Neto is among the backcourt options the Suns might consider in completing their roster, tweets John Gambadoro of Arizona Sports 98.7. Some others are Elfrid Payton, Dante Exum, Quinn Cook and Ryan Arcidiacono. Up front, Phoenix will likely look at Paul Millsap and possibly Isaiah Hartenstein, although Gambadoro isn’t sure about a potential reunion with Aron Baynes (Twitter link).
- The Wizards have remade their roster in the past week, but the major moves may be done for now, according to Fred Katz of The Athletic (Twitter link). He notes that the Spencer Dinwiddie trade will leave Washington too close to the luxury tax line to consider using its mid-level exception.
Saben Lee Re-Signs With Pistons
AUGUST 6: Lee’s new deal with the Pistons is now official, per NBA.com’s transactions log. We’re still waiting on the exact terms of the contract.
AUGUST 4: After a promising rookie season, Saben Lee will sign a three-year contract to stay with the Pistons, tweets ESPN’s Adrian Wojnarowski. The deal includes a team option on the third year, according to Omari Sankofa II of The Detroit Free Press (Twitter link).
The 22-year-old guard was part of a strong rookie class that Detroit put together last season. Selected with the 38th pick, he was acquired from the Jazz in a draft-night trade. He earned a spot in the Pistons’ rotation and averaged 5.6 points, 2.0 rebounds and 3.6 assists in 48 games.
Lee, who spent last season on a two-way contract, was a restricted free agent after receiving a qualifying offer over the weekend. Because he spent a year on that two-way deal, Detroit had Non-Bird rights on Lee and was able to do the three-year deal without using cap room, tweets Bobby Marks of ESPN.
While the exact financial details aren’t yet known, the Non-Bird exception would allow the Pistons to give Lee a starting salary worth no more than 120% of the minimum.