Nets, Patrick Gardner Agree To Exhibit 10 Deal
JULY 26: Gardner’s deal will be an Exhibit 10 contract, according to Brian Lewis of The New York Post, who suggests that the rookie center will likely end up on Brooklyn’s G League team in Long Island.
JULY 25: The Nets and free agent center Patrick Gardner have agreed to a deal, sources tell Michael Scotto of HoopsHype (Twitter link). Gardner went undrafted out of Marist in June.
Scotto doesn’t specify the terms of the agreement, so a non-guaranteed training camp contract seems likely, though that’s not yet confirmed.
Gardner, who transferred to Marist for his final year of college ball, averaged 19.1 points and 6.6 rebounds in 30.9 minutes per game (33 games) in 2022/23. He also had a three-point percentage of 38.3%, an impressive mark for a 6’11” frontcourt player.
Gardner suited up for the Heat in Summer League play, scoring 23 points on 8-of-19 shooting (6-of-12 threes) and grabbing 13 rebounds in 47 total minutes across four appearances in Las Vegas and Sacramento.
Gardner is expected to play for Egypt’s national team at the World Cup in Asia next month, Scotto notes.
The Nets currently have 16 players under contract — 13 on guaranteed deals, one on a non-guaranteed pact, and a pair on two-way contracts. They can carry up to 21 players during the offseason, so they have plenty of room to continue making roster additions.
International Notes: Whiteside, Vonleh, Figueroa, Schakel, Schmidt
A former All-Defensive player and a former lottery pick are among the veteran NBA free agents reportedly receiving overseas interest.
Big man Hassan Whiteside, who led the league in blocks per game twice and made an All-Defensive team in 2016, has drawn interest from Israeli team Hapoel Tel Aviv, per Omri Manhime of Sport5 (Twitter link; hat tip to Sportando). Whiteside was out of the NBA in 2022/23 and played in Lebanon earlier in his professional career.
Meanwhile, Greek team Panathinaikos is said to be eyeing Noah Vonleh, according to Stavros Barbarousis of Eurohoops.net. The No. 9 overall pick in the 2014 draft, Vonleh has appeared in 362 career regular season NBA games, including 23 last season for Boston. He played for the Shanghai Sharks in 2021/22 but has never joined a European team.
Here are a few more notes from around the international basketball world:
- Former Oregon guard L.J. Figueroa, who has spent the last two seasons in the G League playing with the Santa Cruz Warriors and South Bay Lakers, has signed with German club Ratiopharm Ulm, per a press release from the team. Although Figueroa signed Exhibit 10 contracts with Golden State and L.A., he has yet to play in a regular season NBA game.
- Jordan Schakel, a member of the Wizards for parts of the last two seasons, is aiming to play for the German national team in the 2024 Olympics in Paris, agents Mike Naiditch and Daniel Poneman tell Michael Scotto of HoopsHype (Twitter link). Schakel has only appeared in six games at the NBA level, but made 39.9% of his three-point attempts in the G League last season.
- Ryan Schmidt has left his job as the head coach of the London Lions in the British Basketball League in order to take a coaching job with an NBA team, according to a press release. While his destination isn’t yet known, Schmidt will be joining an Eastern Conference club, reports Donatas Urbonas of BasketNews.com. He previously had a four-year stint as an assistant coach for the Raptors 905, Toronto’s G League team (2017-21).
James Harden On Lillard’s Push For Miami: “I See Both Sides”
Asked during an interview with Mackenzie Salmon of USA Today Sports (YouTube link) to weigh in on the Damian Lillard situation in Portland and the subject of NBA player empowerment in general, Sixers star James Harden says he understands the perspective of both the team and the player when a trade request is made.
“I see both sides because I went through it,” Harden said. “The organization wants to do what’s best for them. They don’t want to just give a player that basically is one of the best players they’ve ever had in the organization away for nothing, or for less than what (he’s worth). So I get the organization’s side.
“And then I get the player’s side, as far as wanting to play and wanting to be somewhere, whether it’s because it’s the right situation for you — for your family or yourself or whatever that person is going through. So I see both sides. If they can meet in the middle and kind of come to an agreement and figure it out, then that’s the best scenario.
“I wouldn’t want an organization to send someone somewhere where they wouldn’t (want to) be. Because you built a real relationship with that person. That person has done so many great things for your organization, your franchise. But then you don’t want to give that player for nothing, so I get both sides. It’s just find a balance, meet in the middle, and hopefully both sides can come to an agreement.”
Harden’s comments were ostensibly about the situation in Portland, where Lillard has requested a trade and has reportedly expressed that he only wants to play for the Heat.
However, Harden is also the NBA player whose current circumstances most closely resemble Lillard’s. Like Dame, Harden requested a trade right around the start of free agency this summer. And like Dame, he reportedly has a preferred landing spot that he’s solely focused on — in Harden’s case, it’s the Clippers. It’s easy to apply his statement to his own situation in addition to Lillard’s.
With all that in mind, Harden’s comments have to be at least a little encouraging for Sixers fans. As Kyle Neubeck of PhillyVoice.com writes, it’s “about as fair of a stance as Harden could have taken publicly.” The 33-year-old’s suggestion that a player and team should be willing to “meet in the middle” indicates he’s open to compromising.
Still, Neubeck isn’t sure what a middle ground might look like for Harden and the Sixers if the Clippers aren’t willing to increase their trade offer, and he’s unconvinced that the former MVP’s public comments mean he’ll be any more enthusiastic about a potential return to Philadelphia. While Harden may have expressed a reasonable stance when discussing another player’s trade request, that doesn’t mean he won’t continue to push as hard as he can to achieve his preferred outcome when it comes to his own request.
Pacers Re-Sign Kendall Brown To Two-Way Contract
The Pacers have officially re-signed Kendall Brown, announcing in a press release that the 6’8″ swingman is back with the team on another two-way contract.
The 48th overall pick in the 2022 draft, Brown appeared in just six games and played 40 total minutes at the NBA level as a rookie. He saw more action with Indiana’s G League affiliate, the Fort Wayne Mad Ants, averaging 9.6 points, 3.9 rebounds, and 2.2 assists in 23.8 minutes per night in 10 regular season games.
Brown’s first professional season was marred by a stress injury in his right tibia. He missed six weeks in December and January due to the injury, which was dubbed a stress reaction. He subsequently underwent surgery near the end of February to address what had become a stress fracture.
Indiana issued a two-way qualifying offer to Brown in June, making him a restricted free agent. In all likelihood, he simply accepted that qualifying offer, which will ensure that he’s back with the Pacers on a one-year two-way deal.
The Pacers have now filled all three of their two-way slots, as Brown joins Isaiah Wong and Oscar Tshiebwe. The team also has 15 players on standard guaranteed contracts, so its roster for training camp may be just about set.
Bronny James Suffers Cardiac Arrest, In Stable Condition
Incoming USC freshman and potential 2024 first-round pick Bronny James collapsed on the court during a workout on Monday at the Galen Center and suffered cardiac arrest, according to reports from TMZ and Shams Charania of The Athletic (Twitter link).
After being rushed to the hospital, James – the son of NBA superstar LeBron James – is said to be in stable condition. A family spokesperson issued the following statement to TMZ and Charania:
“Yesterday while practicing Bronny James suffered a cardiac arrest. Medical staff was able to treat Bronny and take him to the hospital. He is now in stable condition and no longer in ICU. We ask for respect and privacy for the James family and we will update media when there is more information.
“LeBron and Savannah wish to publicly send their deepest thanks and appreciation to the USC medical and athletic staff for their incredible work and dedication to the safety of their athletes.”
A 2023 McDonalds All-American and a consensus four-star recruit, Bronny committed to the Trojans for the 2023/24 season and is widely expected to enter the ’24 NBA draft. LeBron has spoken repeatedly about a desire to play alongside Bronny at the NBA level.
Bronny’s NBA potential has been a subject of much speculation leading up to his first college season, with ESPN placing him 17th on its most recent mock draft for 2024. For now though, his health is the primary concern. We at Hoops Rumors wish Bronny and his family all the best during his recovery.
Hoops Rumors Glossary: Exhibit 10 Contract
After the NBA’s biggest-name free agents come off the board, many teams shift their focus to filling out their training camp rosters. Teams can only carry 15 players on NBA contracts (plus three on two-way deals) during the regular season, but their maximum roster size increases to 21 players in the offseason, allowing clubs to bring a few extra players to camp to audition for a place on the regular season roster or a spot on the team’s G League affiliate.
Many of those players will sign a contract with an Exhibit 10 clause. Introduced in the NBA’s 2017 Collective Bargaining Agreement, Exhibit 10 contracts are one-year deals worth the minimum salary. They don’t come with any compensation protection, but can include an optional bonus worth as little as $5K and – in 2023/24 – as much as $75K.
Let’s say an undrafted rookie signs an Exhibit 10 contract with the Jazz that includes a $75K bonus. He attends camp with the Jazz, but is waived before the regular season begins, with Utah designating him an affiliate player in order to retain his G League rights. In that scenario, if the rookie elects to play in the G League for the Salt Lake City Stars and remains with the club for 60 days, he’d be entitled to his full $75K bonus.
The player wouldn’t receive that bonus if he opts to sign with a team overseas after being waived by the Jazz. Essentially, the Exhibit 10 bonus serves as an incentive for players to stick with their team’s G League affiliate — they must spend at least 60 days with the NBAGL club in order to get their bonus.
There’s another scenario in which that undrafted rookie who signs an Exhibit 10 deal with the Jazz would receive his $75K. Exhibit 10 contracts can be converted into two-way contracts before the regular season begins, so if Utah opted to do that, the $75K bonus would turn into a salary guarantee for the player. As soon as his contract becomes a two-way deal, he’s entitled to that bonus, even if the Jazz waive him a week later.
The maximum Exhibit 10 bonus will increase in future seasons at the same rate as the NBA salary cap. For instance, if the cap rises by 10% in 2024/25, the maximum Exhibit 10 bonus would rise by 10% too, from $75,000 to $82,500.
Only teams with a G League affiliate can include an Exhibit 10 bonus in a contract. In 2023/24, the Trail Blazers will become the 29th NBA team with its own affiliate, leaving only the Suns on the outside looking in (they’re aiming to get an NBAGL team in place by ’24/25). Phoenix could technically sign players to Exhibit 10 deals, but wouldn’t be able to include bonus money.
Exhibit 10 contracts don’t count against a team’s salary cap during the offseason. However, they would begin to count against the cap if a team decides to keep a player on an Exhibit 10 contract into the regular season, essentially converting his deal to a standard one-year, minimum-salary deal.
Although they’re not technically required to, virtually every Exhibit 10 contract also contains an Exhibit 9 clause, which provides a team protections when a player on a non-guaranteed training camp contract suffers an injury. If a team wants to sign a player to a deal that includes both an Exhibit 9 and Exhibit 10 clause, it must already be carrying at least 14 players on standard contracts.
Here are a few more notes relating to Exhibit 10 contracts:
- A team can’t carry more than six Exhibit 10 contracts at a time.
- An Exhibit 10 contract can only be converted to a two-way deal before the regular season begins.
- An Exhibit 10 contract that gets converted to a two-way deal can subsequently be converted into a standard NBA contract.
- An Exhibit 10 bonus earned by a player who ends up in the G League or on a two-way contract isn’t counted toward the NBA team’s total salary.
Note: This is a Hoops Rumors Glossary entry. Our glossary posts will explain specific rules relating to trades, free agency, or other aspects of the NBA’s Collective Bargaining Agreement. Larry Coon’s Salary Cap FAQ was used in the creation of this post.
Earlier versions of this post were published in 2018 and 2019.
Team USA Finalizes Select Team Roster
USA Basketball has officially announced its Select Team roster, announcing in a press release that 14 players will get the opportunity to train with and scrimmage against the primary 12-man national team roster as it prepares for the 2023 World Cup.
Those 14 players, most of whom have been previous reported, are as follows:
- Cade Cunningham, G (Pistons)
- Langston Galloway, G (free agent)
- Jalen Green, G (Rockets)
- Quentin Grimes, G (Knicks)
- John Jenkins, G (G League Ignite)
- Payton Pritchard, G (Celtics)
- Herbert Jones, F (Pelicans)
- Trey Murphy, F (Pelicans)
- Keegan Murray, F (Kings)
- Jalen Williams, F (Thunder)
- Naz Reid, F/C (Timberwolves)
- Jalen Duren, C (Pistons)
- Chet Holmgren, C (Thunder)
- Eric Mika, C (G League Ignite)
As Tim Reynolds of The Associated Press notes (via Twitter), Galloway, Jenkins, and Mika aren’t currently in the NBA but were among the players who suited up for Team USA during the qualifying games for the World Cup, ensuring that the U.S. earned a spot in the tournament. They’ll be rewarded for their contributions by getting spots on the select team and taking part in the lead-up to the World Cup.
“We are confident that our USA Men’s Select Team will do a great job helping prepare the men’s national team for the 2023 Men’s FIBA World Cup,” national team managing director Grant Hill said in a statement. “We have a good mix of young NBA players and those who helped us qualify for the World Cup, all of who will play a huge role in our success in Manila, as we continue to develop the national team pipeline for years to come.”
The select team will be coached by Magic head coach Jamahl Mosley, who will be joined by assistants Jim Boylen and Matt Painter. Boylen, a former Bulls head coach and current Pacers assistant, was Team USA’s head coach during the qualifying contests. Painter has been the longtime head coach at Purdue.
As we’ve previously noted, members of the U.S. select team would be candidates for promotion if any players from the national team roster have to withdraw from the World Cup for any reason.
Even if no substitutions are necessary, the players on the select team could eventually be called upon by USA Basketball to join future Olympic or World Cup teams. Brandon Ingram, Anthony Edwards, Tyrese Haliburton, Mikal Bridges, Jaren Jackson Jr., and Jalen Brunson are among those on this year’s World Cup roster who were members of the U.S. select teams for the 2016 Olympics, 2019 World Cup, or 2021 Olympics.
In addition to Ingram, Edwards, Haliburton, Bridges, Jackson, and Brunson, the U.S. World Cup roster consists of Cameron Johnson, Austin Reaves, Paolo Banchero, Bobby Portis, Josh Hart, and Walker Kessler.
Central Notes: Middleton, Rubio, Jerome, Morris, Pistons
Khris Middleton‘s new contract with the Bucks includes a series of bonuses related to his total games played and the team’s postseason success, as Jim Owczarski of The Milwaukee Journal Sentinel outlines (via Twitter).
According to Owczarski, Middleton will earn $1.5MM if he appears in at least 62 games in 2023/24 and $617K if the Bucks make the playoffs. He’ll also receive $206K if Milwaukee makes the Eastern Conference Finals, another $206K if the club makes the NBA Finals, and an additional $206K for a championship. Of those incentives, only the $617K playoff bonus is currently deemed likely, since Middleton and the Bucks didn’t achieve any of the other benchmarks last season.
Those figures add up to about $2.735MM — Middleton has approximately $2.963MM in total bonuses next season, so it sounds like at least one of his incentives is missing. However, Owczarski’s reporting gives us a pretty good sense of how the veteran forward would be able to max out his earnings in ’23/24.
Here’s more from around the Central:
- The Cavaliers are optimistic about Ricky Rubio‘s bounce-back potential in 2023/24, according to Chris Fedor of Cleveland.com (subscriber link). As Fedor explains, Rubio is another year removed from ACL surgery and is expected to play for Spain in the World Cup, which could be a spring-board to a successful season. The Cavs’ addition of Ty Jerome was more about acquiring “playable depth” than an expectation he’ll usurp Rubio on the depth chart, Fedor adds.
- Monte Morris, who was born in Grand Rapids and grew up in Flint, spoke on Saturday about what it means to him to get the opportunity to play for his hometown Pistons, per Omari Sankofa II of The Detroit Free Press. “I always dreamed about playing for the Pistons, just where I grew up,” Morris said. “I was at the Boys and Girls Club a lot. We would get a lot of Pistons gear and I remember when Chauncey (Billups), Ben (Wallace), Tayshaun (Prince), and Rip (Hamilton) came down, it was like 2003, I believe. I was 8 years old running around the Boys and Girls Club. … I used to watch the games in the nosebleeds at the Palace. That pride of just being a Piston, I know what it feels like.”
- In a separate subscriber-only story for The Free Press, Sankofa answers mailbag questions about the Pistons‘ rotation, Ausar Thompson‘s role, and Thompson’s potential ceiling, among other topics. Within a discussion of trade possibilities, Sankofa expresses skepticism that James Wiseman will be moved this offseason, but acknowledges that if the former lottery pick can’t crack the team’s rotation this season, his days in Detroit could be numbered.
Poll: Damian Lillard’s Team On Opening Night
When Damian Lillard initially submitted his trade request to the Trail Blazers on July 1, there was a very brief period in which it looked like the bidding for the seven-time All-Star could be wide open.
Lillard had previously mentioned in an interview that Brooklyn and Miami would be among his preferred landing spots if he were ever to ask out of Portland. But surely plenty of other teams would be prepared to get involved for a superstar player with four years remaining on his contract. After all, potential suitors could be confident that the veteran guard wouldn’t just be a rental, and perhaps recognized that his reputation as a consummate professional made him unlikely to be a candidate for a holdout.
In the wake of that trade request though, reports quickly emerged indicating that Lillard’s wish list consisted of just one team: the Heat. His agent Aaron Goodwin eventually confirmed as much, making it clear that any non-Miami club that acquired his client would be getting an unhappy player.
The stance has limited the Blazers’ leverage and cooled the trade market for Dame, resulting in a multi-week stand-off that doesn’t seem on the verge of resolution. But with just over two months until training camps begin and about three months until the 2023/24 regular season tips off, there’s plenty of time for the Trail Blazers to work out a trade involving their longtime franchise player.
At this point, three scenarios are in play. The Blazers and Heat find common ground and make a deal sending Lillard to Miami; another suitor willing to roll the dice on Dame swoops in and acquires him; or the Blazers, unsatisfied with the offers they’re getting, keep Lillard on their roster indefinitely until those offers improve.
While a trade to the Heat may feel like a foregone conclusion, Lillard’s leverage to force his way to Miami is limited by his contract situation and his lack of no-trade clause. Holding out – either in Portland or with a non-Heat team – would cost him pay checks, and for a player on a super-max contract, those checks are sizable. That’s not a viable four-year plan, and despite his stance in the early stages of negotiations, Lillard doesn’t seem like the type of player who would stop playing basketball indefinitely until his demands are met.
Non-Heat suitors may be nervous about how Lillard would respond to being sent somewhere besides Miami, but they also won’t want to allow the Heat to become the odds-on title favorite by acquiring the Blazers star for 25 cents on the dollar. The Heat may not have to meet Portland’s asking price in full in order to land Lillard, but they’ll probably have to at least get in the ballpark.
We want to know what you think. How does this situation get resolved? What jersey will Lillard be wearing on opening night this fall? Or, at least, which roster will he be on when the regular season begins?
Vote in our poll, then head to the comment section below to share your predictions!
Which team will Damian Lillard play for as of opening night?
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Portland Trail Blazers 39% (1,390)
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Miami Heat 38% (1,366)
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Another team 24% (853)
Total votes: 3,609
2023/24 NBA Draft-And-Stash Signings
Free agent signees, trade acquisitions, and 2023 draftees have been the most common additions to NBA rosters in recent weeks. However, a small number of players come via the draft-and-stash route, as teams bring aboard players drafted in previous years.
First-round draftees from the last three years are limited to the 2023 rookie scale, though there are no players who will fit that bill this season.
Players who were previously selected in the second round of a draft – or who were first-round picks more than three years ago – are free to sign any type of contract via cap room or exceptions. The new second-round pick exception can be used to sign draft-and-stash players who were second-rounders.
Listed below are the draft-and-stash prospects who have signed so far in 2023/24, with contract details noted.
If and when more teams add draft-and-stash players, we’ll update this list, which can be found at anytime on the right-hand sidebar of our desktop site under “Hoops Rumors Features,” or in the “Features” page in our mobile menu.
Vasilije Micic, G, Thunder
2014 draft (No. 52)
(story)
Originally drafted by Philadelphia, Micic had his NBA rights traded to Oklahoma City in 2020’s Al Horford/Danny Green deal.
As he developed into a star for Anadolu Efes in Turkey, earning EuroLeague MVP honors in 2021 and winning consecutive EuroLeague titles in 2021 and 2022, Micic seemed unlikely to find common ground with the rebuilding Thunder, given his desire to join an NBA playoff team. But OKC held onto his rights and – after earning a play-in spot in 2023 – was able to convince Micic to join an ascendant squad.
Contract:
- Three years, $23,555,150.
- First two years guaranteed. Third-year team option.
- Signed using room exception.
Sasha Vezenkov, F, Kings
2017 draft (No. 57)
(story)
Originally drafted by the Nets, Vezenkov had his NBA rights traded to Cleveland in 2021’s multi-team James Harden blockbuster, then was flipped to Sacramento along with cash for a second-round pick in 2022.
Like Micic, Vezenkov didn’t initially seem eager to join a non-playoff team, but both he and the Kings took huge steps forward in 2022/23 — Vezenkov was named the EuroLeague MVP, while Sacramento made the playoffs for the first time since 2006. That made them a better match this offseason.
Contract:
- Three years, $19,975,609.
- First two years guaranteed. Third-year team option.
- Signed using room exception.
Filip Petrusev, F/C, Sixers
2021 draft (No. 50)
(story)
After being drafted by the Sixers in 2021, Petrusev spent a year with Anadolu Efes in Turkey, then joined Crvena Zvezda in Serbia in 2022/23. Having won a EuroLeague title in 2022 and a Serbian League title in 2023, he was eager to test himself in the NBA, even if his pay and role will be modest.
Petrusev is part of a crowded frontcourt depth chart in Philadelphia, joining Paul Reed, Montrezl Harrell, and Mohamed Bamba behind Joel Embiid, and his minimum-salary deal is only partially guaranteed in year one.
[UPDATE: Petrusev has been traded twice, first to the Clippers and then to the Kings.]
Contract:
- Two years, $3,011,420 (minimum salary).
- First year partially guaranteed ($559,782). Second year non-guaranteed.
- Signed using minimum salary exception.
Gui Santos, F, Warriors
2022 draft (No. 55)
(story)
Santos signed a G League contract after being drafted by the Warriors in 2022, spending the season with Santa Cruz while Golden State retained his NBA rights.
After opening the 2023/24 season with just 13 players on standard contracts, the Warriors had two weeks to add a 14th man to reach the required roster minimum and chose to make Santos that player. While he’s getting a promotion to Golden State’s standard roster, Santos only has a lightly guaranteed contract and will still likely spend plenty of time assigned to Santa Cruz.
Contract:
- Three years, $5,143,017 (minimum salary).
- First year partially guaranteed ($75,000). Second and third years non-guaranteed. Third-year team option.
- Signed using second-round exception.