Clint Capela Agrees To Three-Year Contract With Rockets
9:12pm: The Rockets are acquiring Capela in a sign-and-trade with the Hawks, according to Jake Fischer of The Stein Line (Twitter link), who reports that Houston is giving Atlanta a second-round pick swap in 2031 and cash to complete the deal.
7:03pm: The Rockets continued to retool their frontcourt by agreeing to a three-year, $21.5MM contract with Hawks free agent Clint Capela, ESPN’s Shams Charania tweets. The contract is fully guaranteed, Charania adds (Twitter link).
It’s no surprise that Capela, who lost his starting job in the second half of this past season, was leaving Atlanta. The Hawks are acquiring Kristaps Porzingis from the Celtics to be their starting big man, at least for next season.
Going to the Rockets, where he started his career, is somewhat of a surprise, given they already have one of the league’s top young big men in Alperen Sengun.
Houston also signed Steven Adams to a three-year extension in mid-June. Where Capela fits on the depth chart remains to be seen.
As for the contract terms, how they’ll acquire Capela is another mystery. Houston also agreed to a four-year deal with forward Dorian Finney-Smith on Monday, apparently via their non-taxpayer mid-level exception. That would mean the Rockets would have to work out a sign-and-trade to bring in Capela.
This past season, Capela started 41 of 55 games and averaged 8.9 points and 8.5 rebounds in 21.4 minutes. That was the first time in eight seasons Capela didn’t average a double-double. He was the Hawks’ regular starting center the previous four seasons after a six-year stay with Houston.
Kevon Looney Signs With Pelicans On Two-Year Deal
July 7: The Pelicans have put out a press release formally announcing their deal with Looney.
“Kevon Looney is an elite professional with a proven championship pedigree,” Pelicans executive VP of basketball operations Joe Dumars said in a statement. “He is a warrior in the trenches and brings an incredible work ethic along with invaluable experience, toughness, and selfless leadership to our locker room. His commitment to doing the little things that win games embodies our team values, and we’re excited to welcome him to New Orleans.”
Looney’s new contract includes a second-year team option, per Michael Scotto of HoopsHype (Twitter link).
June 30: Kevon Looney‘s lengthy stay with the Warriors is ending. The veteran big man has agreed to a two-year, $16MM contract with the Pelicans, ESPN’s Shams Charania tweets.
Looney joins a frontcourt that includes Yves Missi, late lottery pick Derik Queen, Zion Williamson and Herbert Jones, among others.
Looney is noted for his defensive work and durability. He has appeared in at least 74 games over the past four seasons, including 76 this past season.
He was on the second unit much of the season, as his minutes were cut to 15 per game while Trayce Jackson-Davis and Quinten Post saw their roles expand. Looney averaged 4.5 points, 6.1 rebounds and 1.6 assists.
Looney’s Pelicans debut will be his 600th career regular season appearances. He played a major role in Golden State’s run to the NBA championship in 2018 and 2022. He’s been on the Warriors’ roster since he was a late first-round pick in 2015.
The Pelicans will use a portion of their non-taxpayer mid-level exception to sign Looney. The signing will hard-cap the team at the first tax apron.
Bulls Re-Sign Tre Jones On Three-Year Contract
July 6: The signing is official, according to NBA.com’s transaction log. The deal includes a third-year team option, according to Michael Scotto of HoopsHype (Twitter link).
June 30: The Bulls have agreed to a three-year deal worth $24MM with one of their own free agents, guard Tre Jones, ESPN’s Shams Charania tweets.
Jones was acquired at the trade deadline from the Spurs in the three-team swap that sent Zach LaVine to Sacramento. In 18 appearances with Chicago, including nine starts, he averaged 11.5 points, 4.9 assists and 3.5 rebounds in 25.3 minutes per game while shooting 57.1 percent from the field.
Bulls head coach Billy Donovan repeatedly lauded the point guard down the stretch for his high basketball IQ and his knack for making winning plays.
This signing became increasingly likely in recent days. The agreed-upon deal sending Lonzo Ball to Cleveland opening up more backcourt minutes and Jones has an opportunity to fill them. Assuming restricted free agent Josh Giddey remains with the Bulls, Jones, entering his sixth NBA season, projects as the second unit point guard.
Jones spent his first four-and-a-half seasons with San Antonio. In 297 career regular season games, he has averaged 8.4 points and 4.7 assists in 21.7 minutes.
The Bulls held Jones’ Bird rights, so they won’t have to use any of their cap exceptions to complete the signing.
Pistons Re-Sign Paul Reed To Two-Year Deal
July 8: Reed has formally signed his new contract with the Pistons, according to the NBA’s official log of transactions.
June 30: The Pistons are bringing back free agent big man Paul Reed, according to Shams Charania of ESPN (Twitter link), who reports that the two sides are in agreement on a two-year, $11MM deal.
The second year of Reed’s new contract will be non-guaranteed, tweets Omari Sankofa II of The Detroit Free Press.
Reed is coming off a minimum-salary contract, so he has a minimum-salary cap hold, but Detroit holds Early Bird rights on him, cap expert Yossi Gozlan notes (Twitter link). That means if the Pistons operate under the cap, they can use up all their room before going over the cap to finalize Reed’s deal.
Reed had a bizarre year regarding his contract situation. He was waived by the Sixers last season when they were trying to open up as much cap space as possible. The Pistons claimed him and picked up his $7.7MM salary, then waived him in December before it became fully guaranteed. They re-signed him that month on a more team-friendly deal.
Reed spent most of the season as the third-string center behind Jalen Duren and Isaiah Stewart. After playing in every game with the Sixers the previous season, he only saw action in 45 games off the bench this past season. He averaged 4.1 points and 2.7 rebounds in 9.7 minutes per game.
Reed also played five games off the bench against the Knicks in the first round of the playoffs after Stewart was sidelined with a knee injury.
Reed is expected to return to that role in the coming season. The Pistons will now concentrate on bigger free agents, a process that became more complicated when gambling allegations surfaced against sixth man and unrestricted free agent Malik Beasley.
Jazz Guarantee Svi Mykhailiuk’s Salary For Next Season
The Jazz have guaranteed the $3.68MM salary of Svi Mykhailiuk for next season, Michael Scotto of HoopsHype tweets.
Utah had until today to decide whether to guarantee Mykhailiuk’s season or waive him. His contract, which he signed in August, runs through the 2027/28 season but the final two years are also non-guaranteed.
Utah has made several cost-cutting moves this week, including reaching a buyout agreement with Jordan Clarkson on Monday. However, the Jazz obviously believe Mykhailiuk’s low-cost contract is worth holding onto.
He appeared in 38 games this past season, including 13 starts. Mykhailiuk averaged 8.8 points, 2.4 rebounds and 2.0 assists while shooting 39.1 percent from the field and 34.5 percent from three-point distance.
The Ukrainian wing has bounced around the league, as the Jazz are the 28-year-old’s eighth club in seven NBA seasons.
Mike Brown Getting Second Interview For Knicks Head Coaching Job
The Knicks, who are still looking to fill their head coaching position, are bringing back Mike Brown for a second interview, Stefan Bondy of the New York Post reports. He’s the first candidate to get a follow-up interview but there could be more, Bondy adds.
He’s considered a “strong candidate” to get the job, according to ESPN’s Shams Charania (Twitter link), who confirms that Brown is receiving a second interview.
Taylor Jenkins, Micah Nori and James Borrego are also known to have interviewed for the head coaching position. Jenkins was let go by the Grizzlies late in the regular season. Nori is one of the Timberwolves top assistants, while Borrego is New Orleans’ associate head coach after a stint as the Hornets head coach.
Brown, who was fired by the Kings this past season, has been a head coach as far back as 2005, when Cleveland hired him. He had two head coaching stints with the Cavaliers, sandwiching a season with the Lakers. Brown was one of Steve Kerr’s top assistants with Golden State from 2016-22 before Sacramento hired him as its head coach.
The Kings had a 13-18 record when Brown was dismissed but the move didn’t produce the desired result, as Sacramento finished with a 40-42 mark.
The Knicks were rebuffed by numerous teams to interview their current coaches after they fired Tom Thibodeau despite reaching the Eastern Conference Finals.
Brown reportedly has a close relationship with Knicks executive William Wesley, Bondy notes.
Eric Gordon Declining Option But Interested In Re-Signing With Sixers
Veteran shooting guard Eric Gordon is declining his $3.4MM player option in order to become an unrestricted free agent, ESPN’s Shams Charania tweets. However, it’s still possible Gordon will remain with the Sixers.
According to The Athletic’s Tony Jones (Twitter link), there’s mutual interest between Philadelphia’s front office and Gordon. The Sixers view him as a possible mentor to No. 3 overall pick V.J. Edgecombe.
If Gordon were to re-sign with the Sixers on a new one-year, minimum-salary contract, his salary would increase to $3.6MM while his cap hit would drop to $2.3MM. He signed a two-year deal at the veteran’s minimum last season.
Gordon, who turns 37 on Christmas Day, is coming off an injury-marred season. He posted career-low averages of 6.8 points and 19.7 minutes per game, though he shot it well from three-point land (40.9%). He only appeared in 39 games before undergoing season-ending arthroscopic right wrist surgery on Feb. 26.
Gordon has appeared in 925 regular season games during his career, which began in 2008 with the Clippers. He’s averaged 15.3 points during his career and never averaged fewer than 11 points per game until this past season.
Kings Pick Up Option On Keon Ellis’ Contract
The Kings are picking up their $2.3MM option on Keon Ellis‘ contract, James Ham of The Kings Beat tweets. The guard’s salary for next season won’t be fully guaranteed until January.
If Sacramento had declined the option and instead given him a qualifying offer of approximately $2.9MM, Ellis would have been a restricted free agent. This move could signal that they’re confident an extension agreement can be reached prior to next offseason. If the two sides don’t agree to an extension, he’ll become an unrestricted free agent a year from now.
Ellis’ current contract is a bargain by any standard. He appeared in 80 games last season, including 24 starts. He averaged 8.3 points, 2.7 rebounds, 1.5 assists and 1.5 steals per night.
Entering his fourth season, the undrafted Ellis is valued for his defense and his ability to shoot beyond the arc. He has made 42.9 percent of his three-point attempts during his first three seasons.
He currently projects as backup to Zach LaVine but the Kings are expected to be very active in the free agent and trade markets.
Sixers To Decline Option On Lonnie Walker’s Contract
The Sixers are declining their $2.9MM option on Lonnie Walker IV’s contract, ESPN’s Shams Charania tweets.
Walker was productive for the injury-riddled Sixers during the second half of the season. He appeared in 20 games and averaged 12.4 points, 3.2 rebounds and 2.5 assists. However, Philadelphia has major salary cap concerns heading into free agency, which undoubtedly factored into the front office’s decision.
After being waived by Boston just before the start of the season, Walker spent time with Zalgiris Kaunas in the EuroLeague while awaiting his next NBA opportunity. He signed a two-year contract with Philadelphia in late February.
Prior to his stint with the Sixers, Walker appeared in 322 regular season games with the Spurs, Lakers, and Nets from 2018-24. He’ll now be seeking another opportunity as an unrestricted free agent.
Pacers Picking Up Option On Tony Bradley’s Contract
The Pacers are exercising their option on backup center Tony Bradley, Michael Scotto of HoopsHype tweets.
The option is worth $2.94MM. However, it doesn’t mean Bradley’s roster spot is necessarily safe. The option is non-guaranteed, so the team could decide at some point during the offseason to let Bradley go.
After not playing in an NBA game the previous season, Bradley saw action in 14 regular season contests for Indiana, averaging 4.4 points and 3.0 rebounds in 8.1 minutes. He played on a pair of 10-day contracts before receiving a standard deal in late March.
Bradley actually played a bigger role in the postseason, seeing action in 11 games in which he averaged 1.5 points and 1.9 rebounds in 7.1 minutes. He played in the last three games of the NBA Finals.
Bradley has had stints with Utah, Philadelphia, Oklahoma City and Chicago during his career.