Timberwolves Sign First-Round Pick Josh Okogie
The Timberwolves have signed first-round pick Josh Okogie, the team’s public relations department tweets.
Okogie, who was selected with the No. 20 overall pick, will receive approximately $2.16MM in the first year of his rookie contract. Okogie, a 6’4” shooting guard, departed Georgia Tech after his sophomore year, in which he averaged 18.2 PPG and 6.3 RPG. He turns 20 in September.
He’ll compete for minutes behind starter Jimmy Butler.
Trail Blazers Sign First-Rounder Anfernee Simons
The Trail Blazers have signed first-round pick Anfernee Simons, according to the team’s website.
Portland used the 24th overall pick on the 19-year-old Simons, who attended IMG Academy last year. The 6’4” Simons will receive approximately $1.8MM during his rookie year.
Simons could see playing time in his rookie season, even though the Trail Blazers just came to terms with free agent Seth Curry. Portland is still somewhat thin at the guard spots behind starters Damian Lillard and CJ McCollum.
Sixers Sign First-Rounder Zhaire Smith
The Sixers have signed first-round pick Zhaire Smith, according to the team’s website.
Smith, whose rights were acquired in a draft-night trade with Suns, will receive approximately $2.6MM in his first season.
The 6’5” swingman was selected No. 16 overall after playing one season at Texas Tech, where he averaged 11.3 PPG, 5.0 RPG, 1.8 APG, 1.1 BPG and 1.1 SPG in 28.4 MPG.
Smith is unlikely to receive significant playing time in his first season for one of the Eastern Conference’s top clubs. He will play on the Sixers’ summer league team.
Seth Curry Signs With Trail Blazers
JULY 6: Curry’s agreement with the Blazers is official, according to a press release from the team. “We expect Seth to be an impactful addition to our backcourt as his skill set will translate immediately,” president of basketball operations Neil Olshey said. “He is an elite shooter with the ability to play on or off the ball.”
JULY 2: Mavericks free agent guard Seth Curry has agreed to a two-year contract with the Trail Blazers, Adrian Wojnarowski of ESPN tweets. Curry will receive $2.75MM in the first year and have a player option on the second year, Wojnarowski adds.
Curry missed the entire 2017/18 season due to a stress fracture in his lower left leg. He underwent surgery in early February but has been medically cleared to play. He has participated in full basketball-related activities for over a month.
There’s a path for Curry to jump right into the rotation. Portland is currently thin at the guard spots behind starters Damian Lillard and CJ McCollum. The team allowed Shabazz Napier, a rotation player last season, to become an unrestricted free agent after declining to give him a qualifying offer.
Curry enjoyed a breakout season in 2016/17 with Dallas, playing in 70 games (42 starts) and averaging 12.8 PPG, 2.6 RPG and 2.7 APG.
The Trail Blazers figure to be well over the cap for 2018/19, so they’ll need to use an exception to sign Curry. The mid-level seems likely — Curry’s deal would fit in the bi-annual exception, but using the BAE would hard-cap Portland for the year.
Photo courtesy of USA Today Sports Images.
Free Agent Rumors: Crawford, Ellington, Bjelica, Williams
The Sixers are interested in veteran free agent guard Jamal Crawford, Keith Pompey of the Philadelphia Inquirer reports. Crawford could fortify a bench that has lost Ersan Ilyasovaand Marco Belinelli since the start of free agency. Crawford, 38, averaged 10.3 PPG in 20.7 MPG for the Timberwolves last season. The Pelicans, Cavaliers, Warriors and Nuggets are also reportedly in the mix for Crawford, who opted out of his contract with Minnesota and left $4.54MM on the table.
In other news regarding the free agent market:
- Unrestricted free agent shooting guard Wayne Ellington has drawn significant interest but he’s viewed as a good bet to re-sign with the Heat, Jordan Schultz of Yahoo Sports tweets. Miami has a cap hold of $8.15MM on Ellington, who appeared in 77 games and averaged 11.2 PPG in 26.5 MPG while shooting 39.2% from long range.
- The Jazz have a strong interest in Nemanja Bjelica, Tony Jones of the Salt Lake Tribune tweets. The Timberwolves pulled their qualifying offer to the power forward in order to sign Anthony Tolliver, thus making Bjelica an unrestricted free agent.
- The Knicks are interested in Alan Williams if he clears waivers, according to Marc Berman of the New York Post. The Suns waived the power forward/center on Monday. The Knicks have also reached out to free agent power forwards Amir Johnson and Trevor Booker, Berman adds.
- Williams hasn’t ruled out a return to the Suns but his agent has already heard from a handful of teams interested in his services, according to Scott Bordow of the Arizona Republic. Williams, who appeared in only five games last season due to a knee injury, had a non-guaranteed salary of $5.5MM for next season and will likely get through waivers.
- The Lakers have renounced their free-agent exception rights to guard Andre Ingram and power forward Travis Wear, according to the RealGM transactions log. The Lakers had a cap hold of $1.338MM on Ingram and $1.5MM on Wear. Ingram appeared in two games with Los Angeles last season, while Wear saw action in 17 games.
- The Suns renounced their free-agent exception rights to center Alex Len, according to the RealGM transaction log. The Suns had a $7.96MM cap hold on Len. He appeared in 69 games last season but became expendable when they drafted Deandre Ayton.
Pacers Waive Center Al Jefferson
The Pacers have waived veteran center Al Jefferson, Keith Smith of RealGM tweets.
Jefferson had a partial guarantee of $4MM on his $10MM salary for next season. Indiana gains $6MM in cap space by the move and could use the stretch provision to create even more room for thie summer.
Though the Pacers declined their $4.33MM option on Lance Stephenson‘s contract, they have added plenty of salary in recent days. They guaranteed Bojan Bogdanovic‘s $10.5MM salary and Darren Collison‘s $10MM deal.
Indiana also made a surprising three-year, $22MM free agent splurge for forward Doug McDermott and agreed to terms with first-round pick Aaron Holiday.
Jefferson, 33, has played for Indiana the past two seasons. He saw spot duty in 36 games last season as the No. 3 center, averaging 7.0 PPG and 4.0 RPG in 13.4 MPG.
Northwest Notes: Sefolosha, Reed, Withey, T-Wolves
Jazz forward Thabo Sefolosha should be fully cleared for basketball activities within six weeks, Tony Jones of the The Salt Lake Tribune tweets. Sefolosha underwent season-ending right knee surgery after appearing in 38 games. His status with the franchise remains cloudy. Sefolosha’s $5.25MM salary for next season becomes guaranteed if he’s still on the roster on Sunday.
In other news around the Northwest Division:
- The Thunder recently held a free-agent workout that included centers Willie Reed and Jeff Withey, according to Alex Kennedy of Hoops Hype. Reed played 39 games with the Clippers before he was thrown into the Blake Griffin blockbuster with the Pistons. He was traded to the Bulls shortly thereafter and then waived. Withey played nine games with the Mavericks last season. The cap-strapped Thunder will be seeking low-cost alternatives to fill out their bench.
- Salary-cap issues will force the Timberwolves to be frugal in free agency, the Associated Press reports. They’ll have to find some players on the market willing to team-friendly deals, perhaps for the veteran’s minimum, to fill out the bench, the report adds.
- Point guard Shabazz Napier played regularly for the Trail Blazers last season but they still decided to let him go rather than giving him a qualifying offer.
Lakers Plan To Guarantee Ivica Zubac’s Contract
The Lakers plan to guarantee center Ivica Zubac’s contract for next season, Shams Charania of Yahoo Sports tweets.
Los Angeles had a Saturday deadline to make the decision. Zubac will make $1,544,951.
The 7’1” Zubac will be entering his third season. He averaged 3.7 PPG and 2.9 RPG in 9.5 MPG while making 43 appearances last season.
Heat Expected To Guarantee Rodney McGruder’s Contract
The Heat plan to guarantee swingman Rodney McGruder‘s $1.5MM contract for next season, Ira Winderman of the South Florida Sun Sentinel reports.
The guaranteed kicks in if he’s on the roster through Saturday.
McGruder played 78 games during the 2016/17 season, in which he averaged 6.4 PPG, 3.3 RPG and 1.6 APG. He was limited to 18 games last season due to a stress fracture in his left tibia. He averaged 5.1 PPG upon his return.
Hawks Waive Guard Isaiah Taylor
The Hawks have waived guard Isaiah Taylor, Michael Cunningham of the Atlanta Journal-Constitution tweets.
The move saves Atlanta $300K, which Taylor would have received if he had remained on the roster through Saturday. His $1,544,951 salary for next season would have been fully guaranteed if he was still on the roster through July 27th.
The 6’3” point guard appeared in 67 games last season and averaged 6.6 PPG and 3.1 APG.
Atlanta acquired the rights of Oklahoma point guard Trae Young in a draft-night trade with the Mavericks. The Hawks also have last year’s starter, Dennis Schroder, on the roster though he’s been the subject of trade discussions.