Kings Officially Acquire DeRozan, Spurs Get Barnes In Three-Team Swap
The blockbuster three-team deal involving DeMar DeRozan and Harrison Barnes is official, according to a Spurs press release, Kings press release, and Bulls press release.
The Spurs acquired Barnes from the Kings. In addition, San Antonio received the right to swap first-round picks with the Kings in 2031 while sending two-way player RaiQuan Gray to Chicago.
Additionally, the Spurs are waiving Charles Bassey to complete the trade, Jeff McDonald of the San Antonio Express-News tweets. However, San Antonio is exploring ways to bring Bassey back in the fold.
Sacramento acquired DeRozan from the Bulls while sending Chris Duarte, two second-round picks and cash considerations to Chicago, along with Barnes and the 2031 pick swap to San Antonio.
The Bulls will waive Gray, K.C. Johnson of NBC Sports Chicago tweets.
The deal is a sign-and-trade for DeRozan, who ranked sixth on our list of the top 50 free agents for this summer. His new contract is worth approximately $76MM over three years, according to Chris Haynes of TNT and Bleacher Report (Twitter link), who adds that the first two seasons are fully guaranteed with a partial guarantee for the final year.
The contract includes $49MM in guaranteed money over the first two seasons, per Sean Cunningham of FOX 40 Sacramento (Twitter link). It also features bonuses for being named an All-Star, tweets ESPN’s Bobby Marks.
The trade leaves the Kings hard-capped at the $178.1MM first apron, per cap expert Yossi Gozlan (Twitter link). Sacramento will also create a $5.9MM trade exception in the deal, Gozlan adds.
The 34-year-old DeRozan was extremely productive during his three seasons in Chicago, averaging 25.5 points, 4.7 rebounds and 5.1 assists per game and finishing near the top in the Clutch Player of the Year balloting the past two seasons.
The six-time All-Star will now team with De’Aaron Fox, Domantas Sabonis, Malik Monk and Keegan Murray on what should be one of the league’s most exciting offenses. The Kings will be counting on that group to lead them back to the playoffs after being eliminated in the play-in tournament last season.
Parting with DeRozan is the latest step in an offseason roster shakeup in Chicago, which has already traded Alex Caruso and lost Andre Drummond in free agency. The Bulls are shifting to a younger and less expensive roster in hopes of eventually rebuilding into a more competitive team.
Duarte, a 27-year-old swingman with three years of NBA experience, is the latest addition, but it’s uncertain how large his role will be. He appeared in 59 games with Sacramento last season, but averaged just 3.9 points and 1.8 rebounds in 12.2 minutes per night.
Duarte is under contract for one more season at $5.9MM and is eligible for an extension through October 21. Chicago will create a significant trade exception in the deal $17.6MM trade exception in the deal, according to Bobby Marks of ESPN (Twitter link).
Barnes joins Chris Paul as veteran offseason additions in San Antonio. The 32-year-old is extremely durable, playing in all 82 games the past two seasons. He can handle either forward spot and he figures to get plenty of open looks alongside Paul and Victor Wembanyama. Barnes averaged 12.2 points, 3.0 rebounds and 1.2 assists last season with .474/.387/.801 shooting stats.
The Spurs will use their cap space to absorb Barnes’ $18MM salary for the upcoming season, Wojnarowski and Tim Bontemps write in a full story on the trade. Barnes will make $19MM in 2025/26 before becoming an unrestricted free agent.
Barnes’ contract includes a $3.7MM trade kicker that Sacramento will be responsible for, Marks adds (Twitter link), broken up into $1.85MM for each of the next two seasons. That number could be negotiated down, but only with Barnes’ consent.
Knicks Sign Ariel Hukporti On Two-Way Deal
8:06pm: The signing is official, the team’s PR department tweets. It’s a one-year deal, The Athletic’s Fred Katz tweets.
6:04pm: The Knicks are signing the last pick of the draft, Ariel Hukporti, to a two-way contract, Michael Scotto of HoopsHype reports (Twitter link).
The German-born big man spent the 2023/24 season in Australia with Melbourne United, averaging 8.4 PPG, 7.0 RPG and 1.5 BPG in 28 games (18.4 MPG).
New York made multiple trades in the second round and wound up with the final pick in the draft, where it snagged Hukporti. All of the Knicks’ two-way slots are open, though they have a two-way qualifying offer on the table for Jacob Toppin.
Pelicans Sign Yves Missi To Rookie Scale Contract
The Pelicans have signed first-round pick Yves Missi to a rookie scale contract, according to the NBA transactions log. The Pelicans confirmed the signing via a press release.
Missi, a big man out of Baylor, was the 21st pick of the draft. Assuming he received the maximum 120% of this year’s rookie scale salaries, Missi will make $3,193,200 in his first season. He can earn a total of $15,654,827 over the next four seasons.
Rookie scale contracts are guaranteed for the first two years, with team options on the third and fourth years.
In his lone college season, Missi averaged 10.7 points, 5.6 rebounds and 1.5 blocks in 22.9 minutes per game while appearing in 34 contests, including 32 starts.
With the departure of Jonas Valanciunas, Missi has an opportunity to earn minutes in his rookie campaign.
LeBron Was Willing To Give Bigger Discount For Impact Player
LeBron James took less than the maximum in his latest two-year contract with the Lakers in order to give the front office more financial flexibility. He cited his strong “working relationship” with the club in an interview with ESPN’s Dave McMenamin.
“We are in a relationship and anybody knows relationships, [knows that] it’s all about committing,” James said. “It’s also about doing things to help both sides. So, we’ve been in a working relationship going on seven years … so that’s what it’s about.”
According to McMenamin, James left nearly $3MM on the table in order to help L.A. avoid the second tax apron. James, who opted out of his previous contract prior to free agency, signed his two-year pact over the weekend.
Rich Paul of Klutch Sports, James’agent, told McMenamin that James was willing to take even less money to open up the $12.9MM non-taxpayer mid-level exception for the Lakers to use to try to sign an “impact player.” The players that they hoped could be attainable for the mid-level or via sign-and-trade included Klay Thompson, James Harden, Jonas Valanciunas and DeMar DeRozan. The Lakers weren’t able to land any of them.
“It takes two to tango,” James said. “I think our front office, our coaching staff, they tried to do the job that they wanted to do or tried to get guys to come and it didn’t happen. And that’s OK. That’s part of the business. I’ve been in this business long enough to know that sometimes it happens, sometimes it don’t. So we don’t sit here and lie about or cry about it. We move on and Klay’s a great player. Obviously DeMar’s a great player. Valanciunas was one of those guys who ended up going to Washington, was someone that was in talks with us, but we move on to see how we continue to get better.”
Unless they make a trade down the road, Lakers are basically running it back with virtually the same roster. Yet, James isn’t discouraged.
“We’ve done it before and we still have two guys who commit every single day with myself and (Anthony Davis). We commit to excellence and commit to win,” he said. “And we feel like any situation, any given year, we can put ourselves in a position to be able to succeed. And we’re not that far off. We were one year removed from the Western Conference Finals. Obviously, this year it didn’t go as well this past year. Didn’t go as well as we would like, but we’re not that far off.”
Of course, James has another reason to feel good about the front office. The Lakers drafted son Bronny James in the second round, which touched off a wave of criticism that he was undeserving of being selected. However, LeBron says his son simply ignores the outside noise.
“I don’t know if people really understand Bronny,” he said. “He doesn’t care. I actually care a little bit. When I came in [as a rookie], I wanted people to like me and some of the things that people were saying about me kind of bothered me early on in my career. … He doesn’t give a (bleep). He does not care about nobody. He doesn’t even listen to that stuff. He’s like the coolest. He’s like the complete opposite of his dad.
Pacers Sign Johnny Furphy To Four-Year Deal
The Pacers have signed second-round pick Johnny Furphy to a four-year, $8.59MM contract, Michael Scotto of HoopsHype tweets. The fourth year is a team option.
Furphy was projected as a first-round pick and even had a green room invite but slipped to the second round. He was part of a draft night trade after being selected by the Spurs with the No. 35 selection.
Indiana is using the second-round exception to sign Furphy. The max allowed under the second-round exception on a four-year deal is around $9.06MM, so Furphy took a little less than that.
Players who are signed using the second-round pick exception won’t count against a team’s cap between July 1 and July 30 of their first season.
He averaged 9.0 points and 4.9 rebounds in 24.1 minutes per game in his one-and-done season at Kansas.
Central Notes: Furphy, Walker, LaVine, Pistons’ Moves
Johnny Furphy had the unfortunate experience of sitting in the green room during the first day of the draft and not getting selected. The Pacers nabbed the former Kansas forward early in the second round. He came to the Summer League team ready to go.
“It’s something I’d been working for my whole life,” Furphy told Dustin Dopirak of the Indianapolis Star. “It was just a massive relief. It was great to have my family there to share those moments with them. It was a dream come true. It’s pretty surreal, it’s just slowly settling in now that this is reality. It’s exciting.”
We have more from the Central Division:
- The Pacers drafted Jarace Walker last year as a power forward. With Pascal Siakam re-signing with the club, Walker will get extended minutes at small forward during Summer League play. He’ll also get opportunities to handle the ball, according to Dopirak. “I feel like playing the three, I’m bigger and longer. I’m usually stronger so I’m probably going to have a smaller, quicker matchup,” he said. “Being able to move my feet, stay in front of those matchups and keep them from going downhill. That’s always been kind of my strong suit almost, my defensive versatility being able to guard multiple positions. It will be a challenge, but nothing I haven’t done for.”
- The Bulls and Kings worked out a three-team deal in which DeMar DeRozan will head to Sacramento in a sign-and-trade. Chicago attempted to trade another starter to the Kings before the DeRozan deal materialized, according to K.C. Johnson of NBC Sports Chicago. The two teams held trade talks centered on Zach LaVine. The Bulls will continue their efforts to trade LaVine and they now have two second-round picks coming in the DeRozan deal to help facilitate a potential trade.
- So far, Trajan Langdon has shown patience in his first year as the Pistons’ president of basketball operations and that’s a good thing, James Edwards III of The Athletic opines. Langdon has brought in veterans on short-team contracts with proven shooting ability to help out Cade Cunningham. He’s also got more cap space available to acquire other players in salary dumps with assets attached, as he did with Dallas in the Tim Hardaway Jr. trade.
- In a similar piece, Shawn Windsor of the Detroit Free Press asserts that the moves Langdon and his front office staff have made gives the Pistons some semblance of a modern NBA roster. Doubling last season’s 14-win total isn’t out of the question with the veterans they’ve added to help balance the roster, Windsor adds.
12-Team Field Set For Paris Olympics
Brazil, Spain, Greece and Puerto Rico prevailed in their Olympic qualifying tournaments on Sunday. The 12-team field that will compete in the Paris Olympics has now been finalized.
The other eight teams had already secured spots in the 12-team tournament.
Bruno Caboclo scored 21 points as Brazil advanced with a 94-69 romp past Latvia. Lorenzo Brown had 18 points and Willy Hernangomez produced nine of his 15 points in the second half as Spain held off the Bahamas, 86-78.
Led by Giannis Antetokounmpo, Greece qualified for the Olympics for the first time since 2008. The Bucks superstar had 23 points and eight rebounds in 29 minutes as Greece eliminated Croatia, 80-69. Puerto Rico grabbed the last spot by dispatching Lithuania, 79-68. Jose Alvarado scored 23 points as Puerto Rico qualified for the first time since 20o4.
Here’s the group breakdown:
Group A
- Australia
- Canada
- Spain
- Greece
Group B
- Germany
- France
- Japan
- Brazil
Group C
- United States
- Serbia
- South Sudan
- Puerto Rico
Each team plays three games during the group stage (once vs. every group opponent), and the top-two finishers from each group — plus the two best third-place finishers — will qualify to the quarterfinals. The men’s tournament will begin on July 27.
Kings Notes: Monk, DeRozan, Triano, Markkanen
Malik Monk might have found a better offer on the open market but he was content to stay with the Kings on a four-year, $78MM contract. Monk choose comfort over a few more dollar signs.
“It just felt right. Everything felt right,” Monk told Jason Anderson of the Sacramento Bee and other media members. “I don’t go anywhere and feel uncomfortable. I go everywhere and feel comfortable, and that’s a home, I feel like, so I’m back.”
Monk might have received close to $25MM per year and a starting role with some teams. Instead, he’ll likely resume his role as sixth man on the Kings. Monk informed the team 10 days before free agency began that he was staying put.
“Being a team player,” Monk said. “I could have took my money somewhere, but it felt like home here. Letting the organization know early was the least I could do, for sure, because we need a few more pieces and they’re looking for a few more pieces, so I think they’re doing their job.”
We have more on the Kings:
- The Athletic’s John Hollinger is conflicted over the Kings’ decision to pursue a sign-and-trade for DeMar DeRozan. The addition of DeRozan probably doesn’t vault them into the top five in the Western Conference, even during the regular season, Hollinger opines. However, they’re too good to tank, so there’s nothing wrong with upgrading the team methodically for a future run at the title.
- The team’s recruitment of DeRozan included having Jay Triano, the Kings’ lead assistant coach and DeRozan’s first NBA head coach, at the airport, according to The Athletic’s Anthony Slater. De’Aaron Fox also played a key role in DeRozan’s recruitment. DeRozan agreed to a three-year, $74MM deal with the third season partially guaranteed.
- In the same story, Slater notes that the Kings made a strong pitch early last week to acquire the Jazz’sLauri Markkanen in a trade. However, they were unwilling to give up Keegan Murray in a proposed deal. Instead, they made a substantial picks-based offer. They put a deadline on pursuing a trade with Utah and the Jazz didn’t meet it. There’s growing skepticism league-wide that Jazz executive Danny Ainge will actually move Markkanen, Slater adds.
Spurs Officially Sign Chris Paul
The Spurs have officially signed 11-time All-NBA guard Chris Paul, according to a team press release relayed by ESPN’s Andrew Lopez (Twitter link).
Paul’s intention to sign with San Antonio was made public a week ago. The contract will reportedly be a one-year deal worth more than $11MM.
Paul was waived by the Warriors at the start of free agency. The 12-time All-Star figures to be a natural, if short-term, pick-and-roll partner for Victor Wembanyama.
Paul came off the bench a majority of the season for Golden State but will likely start for the Spurs. San Antonio used a variety of players to initiate the offense in Wembanyama’s rookie season with Tre Jones getting a majority of the starts at that position. Still, given that the Spurs seemed reluctant to make Jones their starter and didn’t do so until January, it seems unlikely that he would get the nod in next year’s starting five over the veteran Paul.
San Antonio’s cap space gave it an advantage over some other potential suitors for Paul. Golden State had to make a decision prior to free agency whether to guarantee Paul’s $30MM salary for the 2024/25 season. The Warriors were unsuccessful in their attempts to include Paul’s contract in a blockbuster deal, including a potential swap with the Clippers for Paul George.
Paul, who turned 39 in May, remained productive in 2023/24, averaging 9.2 points, 6.8 assists, and 3.9 rebounds in 26.4 minutes per game in 58 appearances (18 starts) for the Warriors. He posted a shooting line of .441/.371/.827.
Heat’s Bam Adebayo Signs Three-Year Max Extension
JULY 6: Adebayo has officially signed his maximum-salary extension with the Heat, the team announced in a press release. It includes a player option for the 2028/29 season, tweets Anthony Chiang of The Miami Herald.
JUNE 26: Heat big man Bam Adebayo intends to sign a three-year contract extension, Tim Reynolds of The Associated Press reports (Twitter link). It’ll be a maximum-salary extension, Shams Charania of The Athletic tweets.
Adebayo has two years left on his contract. He’s due to make $34,848,340 next season and $37,096,620 in 2025/26. The extension would take the 26-year-old through the 2028/29 season. He can sign the deal on July 6, by league rule, according to Reynolds.
Adebayo averaged 19.3 points, 10.4 rebounds and 3.9 assists per game this past season. His value goes well beyond offensive numbers. The Heat star has made the NBA’s All-Defensive team in each of the last five seasons, earning a First Team selection for the first time in 2023/24.
Adebayo could have waited until next offseason with the hope of making an All-NBA team or winning Defensive Player of the Year. In that scenario, he would have become eligible for a five-year super-max extension worth as much as $346MM, cap expert Yossi Gozlan notes (Twitter link).
Assuming a $141MM cap in 2024/25, with 10% raises in each of the next two seasons, Adebayo would earn a $51,183,000 in 2026/27; $55,277,640 in ’27/28; and $59,372,280 in ’28/29, for a total of $165,832,920.
While those salary numbers are eye-popping, Adebayo could have been eligible for even bigger salaries had he delayed an extension with the aim of making an All-NBA team, so this could turn out to be a team-friendly deal. Adebayo, who turns 27 next month, has spent his entire seven-year career with Miami.