Rudy Gay Signs With Jazz
AUGUST 6: Gay has officially signed his contract with the Jazz, the team announced today in a press release.
“Rudy brings a valuable veteran presence to the Jazz which will only enhance our group as it continues to evolve,” Jazz general manager Justin Zanik said in a statement. “He’s proven to be one of the most consistent players in the NBA over his 15-year career and we’re thrilled for him to join our club.”
AUGUST 3: The Jazz have reached an agreement with veteran forward Rudy Gay, tweets Shams Charania of The Athletic.
It will be a two-year deal worth $12.1MM with a player option for the second season, according to his agents, Raymond Brothers and Sam Permut (Twitter link). Utah will use its taxpayer mid-level exception, adds John Hollinger of The Athletic (Twitter link).
Gay, who will turn 35 this month, spent the last four seasons with the Spurs, where he was a reliable contributor off the bench for Gregg Popovich. He averaged 11.4 points and 4.8 rebounds in 63 games last season, which was his 15th in the NBA.
Gay will join Utah’s big man rotation in place of Derrick Favors, who was traded to the Thunder last week. He also reunites with re-signed point guard Mike Conley, a former teammate with the Grizzlies.
The Jazz will be limited to minimum-salary contracts for any further free agent signings.
Sam Dekker Signs With Raptors
AUGUST 9: The Raptors’ signing of Dekker is now official, having been registered in the NBA’s transactions log. Dekker also tweeted about the signing, which marks his return to the league after a two-year hiatus.
AUGUST 5: The Raptors will sign forward Sam Dekker, who has been out of the NBA for the past two seasons, tweets Adrian Wojnarowski of ESPN. The move was confirmed by Dekker’s agents, Andy Shiffman and Mark Bartelstein of Priority Sports.
Dekker will receive a partial guarantee to come to training camp, a source tells Blake Murphy of The Athletic (Twitter link).
Dekker last played in the NBA in 2018/19, appearing in nine games with the Cavaliers and 38 with the Wizards. He spent two years with the Rockets after being selected with the 18th pick in the 2015 draft and played a year for the Clippers as well. Through 200 total NBA games, Dekker averages 5.5 points and 3.0 rebounds in 15.5 minutes per night.
The 27-year-old played last season for Turk Telekom of the Turkish Super League after spending the previous year with Lokomotive Kuban in Russia.
Young, Satoransky, Brunson Receive Salary Guarantees
Bulls forward Thaddeus Young ($14.2MM) and guard Tomas Satoransky ($10MM) both saw their contracts for next season become fully guaranteed on Monday, tweets Bobby Marks of ESPN. Satoransky is reportedly on the way to the Pelicans as part of a sign-and-trade involving Lonzo Ball.
Also having his salary guaranteed Monday was Mavericks guard Jalen Brunson ($1.8MM), Marks adds (via Twitter). Marks identifies Brunson as a potential extension candidate.
All three players will be in line for unrestricted free agency next summer.
Free Agent Rumors: Lowry, DeRozan, Knicks, Graham, Jackson, More
Now considered to be favorites to land Kyle Lowry in free agency, the Heat may try to bring in DeMar DeRozan as well, tweets Jordan Schultz of ESPN, confirming a series of reports from the last 24 hours.
Lowry and DeRozan were backcourt partners in Toronto for many years and have remained close friends. Miami is looking at a sign-and-trade as the best way to add Lowry, and is hoping that DeRozan might be available for the mid-level exception. That represents a big pay cut, but sources tell Schultz he might be interested if it means a chance to play alongside Lowry again.
If DeRozan turns down the MLE, the Heat will focus on finding a stretch four, says Barry Jackson of The Miami Herald (Twitter link). There is support among the front office for Jeff Green, according to Jackson, who mentions Bobby Portis, Rudy Gay and Otto Porter as other options.
Meanwhile, Goran Dragic is expected to be part of a sign-and-trade with Toronto for Lowry, but the Raptors are unlikely to keep him. The Mavericks will be among the teams with interest in Dragic, according to Jackson (Twitter link).
Miami would also like to bring back reserve center Dewayne Dedmon, but he may get better offers, says Jackson (Twitter link). The Heat, who only hold Non-Bird rights on Dedmon, may have to offer part of their $3.6MM biannual exception to be competitive.
There’s more as the start of free agency draws closer:
- The Knicks have some mutual interest with DeRozan, as well as Celtics shooting guard Evan Fournier, writes Ian Begley of SNY.tv. Begley also hears that Bulls guard Tomas Satoransky would be part of the potential return in a sign-and-trade if Chicago lands Pelicans RFA Lonzo Ball, while rival teams expect Duncan Robinson to re-sign with the Heat.
- While he isn’t necessarily their Plan A or B, Cameron Payne is one of the free agent point guards on the Knicks‘ radar, writes Marc Berman of The New York Post. New York has considered a Payne/Derrick Rose tandem at point guard for next season, Berman adds.
- The Thunder are seen by rival executives as a possible suitor for Hornets guard Devonte’ Graham, tweets Chris Haynes of Yahoo Sports. Graham is a restricted free agent, so Charlotte can match any offer, but Oklahoma City has the cap flexibility necessary to put pressure on the Hornets.
- The Pelicans, Knicks, Celtics, and Nuggets are among the teams expected to express interest in point guard Reggie Jackson, per Sam Amick of The Athletic (Twitter link).
- EuroLeague standout Tyler Dorsey, who previously played for Atlanta and Memphis, is positioned for a return to the NBA and is drawing interest from several teams, tweets ESPN’s Adrian Wojnarowski.
Luke Adams contributed to this post.
Stein’s Latest: Lakers, Thomas, Holmes, Portis, More
Dwight Howard appears to be a strong candidate to rejoin the Lakers, who are also interested in veteran shooters Patty Mills and Wayne Ellington, according to Marc Stein of Substack. L.A. is looking for low-cost options to fill out its roster after the trade that brought Russell Westbrook from the Wizards, and Howard, Mills and Ellington may be willing to accept minimal deals for the chance to play for a title contender.
Given their financial position, the Lakers could have trouble holding onto Alex Caruso, Stein adds. The fourth-year guard has been effective in a bench role during his time in Los Angeles, and many teams are expected to pursue him.
There’s more from Stein:
- The Celtics are interested in bringing back Isaiah Thomas, who was an All-Star in Boston before being sent out in the Kyrie Irving trade. New president of basketball operations Brad Stevens is a strong supporter of Thomas, who played three games for the Pelicans last season.
- The Kings are expected to give center Richaun Holmes an offer in the four-year, $50MM range. However, he may do better on the open market after back-to-back strong seasons in Sacramento.
- Several teams would like to add Bobby Portis, but there’s a belief around the league that he will stay with the Bucks despite their limited resources to re-sign him.
- The Mavericks are virtually certain to keep center Boban Marjanović, who is a close friend of Luka Doncic.
- There were some pre-draft trade rumors involving Shai Gilgeous-Alexander, but the Thunder still see him as a franchise cornerstone and plan to use their draft capital to build around him. Gilgeous-Alexander is expected to receive a maximum extension on his rookie contract this summer, which would pay him $168MM over five years.
- John Collins was the top target for the Spurs, who will have about $40MM to spend, but now that he’s expected to stay in Atlanta, San Antonio may shift to restricted free agent Lauri Markkanen.
Knicks Notes: Point Guards, Rose, Grimes, Jokubaitis
Leon Rose has been conservative about spending since taking over as president of the Knicks, but he’s ready to put the team’s more than $50MM in cap space to good use, writes Marc Berman of The New York Post. New York has more money available than anyone heading into free agency, and the primary target will be a new point guard.
The dream scenario for Rose is to land his former CAA client, Chris Paul, who declined his $44.2MM player option on Sunday. The Knicks are one of two teams that can offer Paul $123MM over three seasons, but there are indications that he prefers to stay in Phoenix after leading the Suns to the NBA Finals.
New York is also interested in Kyle Lowry, who reportedly is leaning toward the Heat, but the Knicks can offer a starting salary up to $39MM, which is more than he could get in Miami. However, Berman notes that would limit the team’s other options, such as finding a scoring wing like Evan Fournier, Duncan Robinson, Norman Powell or Kelly Oubre.
The most likely option may be Dennis Schröder, who won’t be staying in L.A. now that the Lakers have Russell Westbrook. The Knicks scouted Schröder extensively this week, Berman adds, to make sure he’s a good fit for Tom Thibodeau’s system.
There’s more from New York:
- The free agency process will provide an indication of how much the Knicks value Derrick Rose, notes Ian Begley of SNY.tv. Rose played an important role after being acquired from the Pistons at midseason, but a rival team told Begley that some members of New York’s front office want to let him get other offers on the free agent market before making one of their own.
- The Knicks traded down before drafting Quentin Grimes, but they knew they couldn’t go lower than the 25th pick, according to Mike Vorkunov of The Athletic. Kelvin Sampson, Grimes’ college coach at Houston, talked to New York general manager Scott Perry during the draft and says the Nuggets were ready to take Grimes at No. 26 if had still been available.
- Second-round pick Rokas Jokubaitis is expected to spend another year overseas before joining the Knicks, Berman adds in a separate story. The Lithuanian guard will join Barcelona after playing the past three seasons for Zalgiris. New York is already looking at four potential rookies on its roster next season, and Jokubaitis is on board with the plan, according to Donatas Urbonas of BasketNews.
Olympic Notes: Tatum, Durant, Holiday, P. Gasol
Team USA has one Olympic loss already and now that the medal round is here, another defeat would end its gold medal hopes. The Americans will face Spain in the quarterfinals and Celtics forward Jayson Tatum could be the key to advancing, writes Joe Vardon of The Athletic.
Spain captured the FIBA World Cup in 2019, but Tatum played in just two games after being injured early in the tournament. He’s fully healthy now and has gotten over a slow start in the Olympics, scoring 27 points in Saturday’s rout of the Czech Republic.
“Our confidence never wavered,” said Tatum, whose team lost a pair of exhibition games in Las Vegas, then dropped its Olympic opener against France. “We understood that it wasn’t gonna be easy. We didn’t have our full team until four days ago, five days ago, so we knew that we had a lot of challenges ahead of us. And we also know that we would continue to get better every day. We would get better from each game, each practice, just the more time that we spent together, we were never going to be the same team, from day one, that we are now. And hopefully, we’re better this time next week than we were today.”
There’s more from Tokyo:
- Kevin Durant reached a milestone Saturday, passing Carmelo Anthony as Team USA’s all-time leading scorer in Olympic competition, Vardon adds in a separate story. Durant, who is seeking his third gold medal, now has 354 total points. “It is special to do something like that,” he said. “Scoring is something I worked on my whole career and something I’ve expanded my whole career, and being able to consistently do it is pretty cool.”
- The U.S. didn’t have a pure point guard until Jrue Holiday joined the team, says Jim Souhan of The Star Tribune. Holiday was busy with the playoffs during training camp and exhibition play and didn’t leave for Japan until after the Bucks’ championship parade. “His entry onto the team, late as it was, has had an immediate effect, because he garners so much respect from his teammates,” coach Gregg Popovich said.
- After undergoing surgery for a stress fracture in his left foot, Pau Gasol was determined not to let it end his career, writes Tim Reynolds of The Associated Press. The 41-year-old has battled back and is playing an important role for Spain. “I love the game,” Gasol said. “I wanted to finish my career playing. I had such an incredible, extraordinary career that I didn’t want the injury to finish it for me.”
Knicks Notes: Randle, Draft Night, Point Guards, Gibson
July 31 marked the trigger date for Julius Randle‘s contract guarantee, so the Knicks now owe him the full $19.8MM for next season, tweets Bobby Marks of ESPN. There was no suspense about whether New York would be willing to pay Randle that much in the wake of a career season that saw him win the Most Improved Player award and earn second-team All-NBA honors.
The real intrigue this offseason involves a four-year, $106MM+ extension that Randle is eligible to receive. The Knicks have plenty of incentive to sign him at that figure, as Randle could potentially make a lot more next summer as an unrestricted free agent, particularly if he puts together another All-NBA season. New York will have his Bird rights if that happens and can exceed the salary cap to re-sign him.
Randle joined the Knicks two years ago on a three-year, $63MM contract that carried just a $4MM guarantee for 2021/22. His game blossomed in New York, especially under new coach Tom Thibodeau, as he averaged 24.1 points, 10.2 rebounds and 6.0 assists per night while leading the team to the No. 4 seed in the East.
There’s more from New York:
- The Knicks’ decision to trade the 19th pick in this year’s draft to the Hornets for a heavily protected future selection was done to free up another $2.4MM for free agency, according to Marc Berman of The New York Post, citing an NBA executive who has talked to team president Leon Rose. New York never planned to use both of its first-round picks Thursday night and was happy to get Quentin Grimes and Miles McBride after trading down.
- Even if the Knicks can’t lure top targets Chris Paul and Kyle Lowry in free agency, they will have plenty of options at point guard, Berman adds. With more than $50MM in cap space, New York can outbid rival teams for Spencer Dinwiddie, Cameron Payne, Dennis Schroder or Reggie Jackson. Restricted free agent Lonzo Ball remains a possibility, but the Knicks saw him as a better fit in February than they do now, sources tell Berman. Re-signing Derrick Rose, a favorite of Thibodeau, remains on the table, although the front office is debating whether to make a long-term offer to Rose, who will turn 33 in October. The Bulls may get into the bidding for the Chicago native.
- Saturday’s decision to waive backup center Norvel Pelle increases the chances that Taj Gibson will be back on the roster next season, Berman states in a separate story. A source told Berman the Knicks would consider re-signing Pelle at some point during the season if injuries leave them needing help in the middle.
QO Roundup: Perry, Stanley, Brantley, Forrest, Coffey
The Nets will extend a qualifying offer to power forward Reggie Perry, tweets Michael Scotto of Hoops Hype. The 57th pick in the 2020 draft, Perry was acquired in a trade with the Clippers and earned a two-way contract as a rookie. He appeared in 26 games last season, averaging 3.0 points and 2.8 rebounds per night.
Because Perry was a two-way player with just one season in Brooklyn, his qualifying offer is limited to one year with a $50K guarantee. The QO means he will be restricted, giving the Nets the right to match any offer when free agency starts Monday.
There are a few more qualifying offers to round up:
- Cassius Stanley received a QO from the Pacers, according to J. Michael of The Indianapolis Star (Twitter link). The shooting guard was also a rookie two-way player, so his offer is subject to the same terms as Perry’s. Stanely got into 24 games, averaging 1.5 PPG.
- The Jazz extended qualifying offers to Jarrell Brantley and Trent Forrest, tweets Tony Jones of The Athletic. Brantley, a power forward, averaged 2.3 points and 1.0 rebounds in 28 games in his second NBA season, while Forrest, a rookie point guard, appeared in 30 games, averaging 2.9 points and 1.5 assists per night. Both are two-way players.
- The Clippers made a qualifying offer to Amir Coffey, according to Andrew Greif of The Los Angeles Times (Twitter link). The second-year shooting guard, also on a two-way contract, got into 44 games, averaging 3.2 PPG and 1.0 RPG.
Free Agency Rumors: Lowry, Dragic, Ball, Lakers, DeRozan, McGee
Miami is a legitimate option for Raptors guard Kyle Lowry in free agency, tweets Tim Reynolds of The Associated Press. A source tells Reynolds that the Heat “have his attention and have had it for a while.”
Lowry will be among the top point guards on the market when free agency begins Monday, with the Pelicans, Mavericks and Sixers all likely to be heavily involved. Toronto may also make a strong bid to hang onto Lowry, who has been with the organization since 2012.
There are plenty of rumors on the eve of free agency:
- Many teams are expected to be interested in veteran guard Goran Dragic if the Heat turn down their $19.4MM team option and make him a free agent, according to Shams Charania of The Athletic (Twitter link). Charania doesn’t identify any of the potential suitors, but says they include “several NBA title and postseason contenders.” Miami has a deadline of 5:00pm Eastern Time today to reach a decision on Dragic, along with a $15MM option on Andre Iguodala.
- William Guillory and John Hollinger of The Athletic break down sign-and-trade possibilities for the Pelicans involving Lonzo Ball. The Bulls, Pacers, Clippers, Celtics and Wizards are all mentioned as potential sign-and-trade partners.
- Dwight Howard could return to the Lakers to provide help at center, Broderick Turner of the Los Angeles Times suggests in a free agent roundtable on both L.A. teams. Howard helped the Lakers win a title in 2020 before signing with the Sixers last offseason. Turner names Patty Mills, Wayne Ellington, Trevor Ariza, Carmelo Anthony, Jeff Green, Iguodala, and Dragic as other possible targets. The Clippers may pursue DeMar DeRozan if he’s willing to take a pay cut, Andrew Greif states in the same piece.
- JaVale McGee would “definitely” consider returning to the Nuggets, stating that a chance to win will be his priority in free agency, as Mark Kiszla of The Denver Post details.