Trail Blazers Sign Nassir Little To Four-Year Extension
2:24pm: The Blazers have officially signed Little to his extension, the team confirmed today in a press release.
“Nassir is a talented player who has grown every year and has a very bright future,” general manager Joe Cronin said in a statement. “We are very excited that he chose to extend with us, and we look forward to continuing to see him shine on and off the court.”
10:31am: The Trail Blazers have agreed to sign forward Nassir Little to a four-year, $28MM rookie scale extension, sources tell ESPN’s Adrian Wojnarowski (Twitter link). The deal will be fully guaranteed, according to Wojnarowski (Twitter link).
The 25th overall pick in the 2019 draft, Little didn’t have much of a role in his first two seasons with the Blazers, averaging 4.1 PPG and 2.5 RPG on .450/.302/.719 shooting in 96 games (12.6 MPG).
However, he bumped those numbers to 9.8 PPG and 5.6 RPG on .460/.331/.734 shooting in 42 games (25.9 MPG) in 2021/22 and was playing especially well after entering the starting lineup in December.
Little’s breakout season in Portland came to an early end when he underwent surgery on February 1 to repair a torn labrum in his left shoulder. In May, he underwent abdominal surgery to repair a core muscle injury.
Little has since recovered from both of those procedures and is ready to go for the start of the 2022/23 season. He lost the battle for the starting small forward job to Josh Hart, but figures to be one of the first players off the bench for the team to open the year.
Even though Little’s new deal is reportedly fully guaranteed, it has the potential to be a steal for the Blazers. They’ll be on the hook for just $7MM per season through 2026/27 in order to lock up a 22-year-old wing who continues to improve. Even if Little doesn’t make huge strides in the coming years, that’s a very affordable price for a reliable rotation player.
For his part, Little has earned just $6.63MM through his first three NBA seasons and will make $4.17MM in 2022/23. Locking in $28MM in guaranteed money will increase his career earnings exponentially and will give him some long-term security in case he takes a step back or suffers a major injury going forward. It’s hard to fault him for accepting Portland’s offer rather than rolling the dice in restricted free agency next summer.
Little is the 10th player to agree to a rookie scale extension this season, as our tracker shows. The deadline for those deals is at 5:00 pm CT on Monday.
Western Notes: Lakers, Nuggets, Rockets, Potter, Liddell, Spurs
Although he didn’t play in the Lakers‘ preseason finale on Friday due to lower back soreness, Anthony Davis will have “no restrictions, whatsoever” when the team’s regular season tips off on Tuesday in Golden State, head coach Darvin Ham said (link via Broderick Turner of The Los Angeles Times).
Russell Westbrook, who sustained a left hamstring injury in Friday’s game, could “definitely” be available for the opener, according to Ham, but reserve point guard Dennis Schröder likely won’t be, as Turner writes.
Ham said that Schröder’s thumb ligament injury was still being evaluated as of Sunday, and while he’s still considered day-to-day, the ailment may take a little time to heal, tweets Kyle Goon of The Southern California News Group.
Here’s more from around the Western Conference:
- Nikola Jokic (wrist) and Jamal Murray (hamstring) are both expected to be available for the Nuggets‘ regular season opener on Wednesday in Utah, writes Mike Singer of The Denver Post. Barring an unexpected setback, it will be the first time Denver’s two stars have shared the court in a regular season game since April 2021.
- The Rockets will likely have a handful of players on the injury report to start the season, but head coach Stephen Silas said on Sunday that he’s hopeful rookie Jabari Smith (ankle) will be available for the team’s opener, according to Jonathan Feigen of The Houston Chronicle. Silas added that Garrison Mathews (illness) and Daishen Nix (back) are “close” to being ready too. Jae’Sean Tate (ankle) is the least likely of the group to be available for the opener, Feigen writes.
- The two-way contracts signed in recent days by Jazz center Micah Potter and Pelicans forward E.J. Liddell both cover two years, Hoops Rumors has confirmed. As our tracker shows, those are the fifth and sixth two-way deals signed this offseason that are for two years instead of one.
- Noting that the Spurs have had “so many guys over the years” develop their games in the G League, head coach Gregg Popovich said two-way players Dominick Barlow and Jordan Hall will likely spend most of their time in Austin this season, per Tom Orsborn of The San Antonio Express-News. “He’ll spend some time in the G League and play lots of minutes,” Popovich said, specifically addressing Barlow’s situation. “If he was with us right now, he’s not going to get on the court that much, which doesn’t help him develop.”
Rockets Sign Kevin Porter Jr. To Four-Year Extension
12:08pm: Porter’s extension is now official, the Rockets announced today in a press release.
“We value the player and the person that Scoot is becoming and are eager to invest in him and his journey,” Rockets general manager Rafael Stone said in a statement. “He’s expressed how happy he is to be with this organization and has shown his commitment to putting in the work both on and off the court. We are excited for the opportunity to continue to build something special with him.”
10:18am: Porter’s four-year extension will only be fully guaranteed for $15.86MM in year one, sources tell Charania (Twitter link).
ESPN’s Bobby Marks provides more details, tweeting that the Porter’s annual salaries in subsequent years will guarantee if he remains under contract through each June 30. For instance, his 2024/25 salary would guarantee if he hasn’t been waived by June 30, 2024.
Additionally, there’s language in the deal that will provide a path for Porter’s salaries in future seasons to become partially guaranteed before they become fully guaranteed, Marks adds (via Twitter).
Since Porter’s first-year salary is only worth $15.86MM, the total base value of the extension can only be worth up to about $71MM with 8% annual raises, so the $82.5MM total value (reported below) appears to include incentives. According to Marks, those incentives are related to games played and team success.
9:00am: The Rockets and guard Kevin Porter Jr. have agreed to a rookie scale contract extension, reports ESPN’s Adrian Wojnarowski (Twitter link).
Agent Sam Permut tells Wojnarowski that it’s a four-year, $82.5MM deal. However, according to Shams Charania and Kelly Iko of The Athletic (Twitter link), only the first season is fully guaranteed.
Wojnarowski (Twitter link) describes the extension as having a “unique” structure that will have major upside for Porter while also providing protections for the team. Mark Berman of FOX 26 Houston (Twitter link) says there are partial guarantees beyond the first year. The final season is a team option, tweets Tim MacMahon of ESPN.
Porter, 22, was the 30th overall pick in the 2019 draft and had a promising rookie season in Cleveland. However, he had some legal issues off the court prior to his second season and was then involved in a locker room incident early in 2021 that prompted the Cavaliers to trade him to Houston.
In his two seasons with the Rockets, Porter has established himself as the team’s starting point guard, averaging 15.9 PPG, 6.2 APG, and 4.2 RPG with a shooting line of .418/.357/.672 in 87 total games (31.5 MPG). Perhaps most importantly, there’s been no indication that his past behavior off the court and in the locker room has been a recurring issue in Houston.
We’ll have to wait for more details on the exact structure of Porter’s new contract, but the fact that it’s not fully guaranteed beyond the first year means the Rockets should have an out if they ultimately decide he’s not the right fit at point guard with the rest of their young core, or if any other off-court incidents take place down the road.
Even with a lucrative new deal for Porter on their books, the Rockets will still have plenty of financial flexibility during the summer of 2023. According to Yossi Gozlan of HoopsHype (Twitter link), the club should be able to create a minimum of $30MM in cap room, and could get to $50MM+ by waiving non-guaranteed players (including Eric Gordon).
As our extension tracker shows, Porter is the ninth player to agree to a rookie scale extension in 2022. If he earns his full $82.5MM, Porter’s deal would be the seventh-most lucrative of those extensions, ahead of Keldon Johnson and Brandon Clarke.
Extension Notes: Russell, G. Williams, Clarke, Poole
Timberwolves guard D’Angelo Russell is about to begin the final season of the four-year contract he signed in 2019, and will be eligible to sign an extension anytime up until June 30, 2023, the day before he reaches free agency. However, Brian Windhorst of ESPN and Darren Wolfson of SKOR North and 5 Eyewitness News suggested during the latest episode of Wolfson’s The Scoop podcast that an extension for Russell probably isn’t around the corner.
“I have not heard any discussion of him getting an extension,” Windhorst said, per RealGM.
Wolfson agreed, adding, “I think (Russell’s) representation has reached out to the Wolves, but it doesn’t seem like it’s being reciprocated.”
The Timberwolves already have significant financial commitments to Karl-Anthony Towns and Rudy Gobert on their books for the next several years, and will likely be signing Anthony Edwards to a lucrative long-term contract next summer, so it makes sense that the team would be unwilling to work out a big new deal with Russell before assessing how all the pieces fit together this season.
Here are a few more extension-related notes from around the NBA:
- Celtics forward Grant Williams, extension-eligible for a few more hours, recently spoke to Brian Robb of MassLive.com about the possibility of getting a new deal. Williams shared some interesting insights, including explaining why he doesn’t view recently extended power forwards like Larry Nance Jr. and Maxi Kleber as direct comparables. “It’s one of those things like — you look at guys across the league, they maybe play different roles and a different situation,” Williams said. “You bring up Nance Jr. with the Pelicans and he’s probably their ninth or 10th man. They are one of the teams that are on the edge of making a run. Similar to Kleber’s, who is 30. He doesn’t necessarily have the versatility, the guarding — I try my best not to look at those guys. I just feel like you make your own market and understand your value.”
- Brandon Clarke‘s four-year contract extension with the Grizzlies, reported to be worth $52MM, actually has a base value of $50MM, with $2MM in total incentives ($500K per year), tweets Fred Katz of The Athletic. The deal features four flat annual cap hits of $12.5MM, adds ESPN’s Bobby Marks (via Twitter).
- Warriors guard Jordan Poole, who officially signed a four-year, $123MM+ extension on Sunday, told reporters that he “couldn’t stop smiling” when he put pen to paper on his new deal, as Marcus Thompson II of The Athletic writes. Poole didn’t have much to say about his practice altercation with Draymond Green, downplaying the impact he expects the incident to have going forward: “He apologized and we’re professionals. We plan on handling ourselves that way.”
Nets Exercise 2023/24 Options On Cam Thomas, Day’Ron Sharpe
The Nets have picked up their team options on guard Cam Thomas and big man Day’Ron Sharpe for the 2023/24 season, the team announced today.
Thomas and Sharpe were the 27th and 29th overall picks, respectively, in the 2021 draft. Thomas’ rookie scale contract calls for a $2,240,160 third-year salary in 2023/24, while Sharpe will earn $2,210,040. Both of those salaries are now fully guaranteed.
[RELATED: Decisions On 2023/24 Rookie Scale Team Options]
Thomas, who was one of the top scorers in college basketball at LSU before going pro, averaged 8.5 PPG and 2.4 RPG in 67 games (17.6 MPG) for the Nets as a rookie. He showed off his scoring prowess at this year’s Summer League, averaging 27.4 PPG in just 30.3 MPG across five contests in Las Vegas.
Sharpe played a more limited role as a rookie, appearing in just 32 games and averaging 6.2 PPG and 5.0 RPG in 12.2 MPG. However, the 6’11” forward/center made a case for an increased role this year with a strong preseason, as we detailed on Sunday.
The Nets will have to decide on Thomas’ and Sharpe’s fourth-year options for the 2024/25 season next October. If those options are also exercised, the two players will become eligible for rookie scale extensions in July of 2024.
Bucks Hope To Get Khris Middleton Back In November
Bucks forward Khris Middleton is expected to miss the first few weeks of the regular season as he continues to recover from offseason wrist surgery, sources tell Shams Charania and Eric Nehm of The Athletic.
According to Charania and Nehm, the Bucks are hoping to get Middleton back in their lineup at some point in November. The team has six regular season games on its schedule for October, then 14 more in November.
Middleton had another productive season for Milwaukee in 2021/22, averaging more than 20 points per game (20.1) for a third straight season to go along with 5.4 RPG and a career-high 5.4 APG in 66 games (32.4 MPG). However, a sprained MCL sidelined him during the postseason and he was unavailable when the Bucks fell to Boston in a seven-game second round series.
In addition to Middleton, Pat Connaughton (calf strain) and Joe Ingles (ACL surgery recovery) will also be on the shelf for the Bucks to open the season, so the club will have to rely on its depth in the early going. Guards George Hill and Jevon Carter and wings Jordan Nwora and Wesley Matthews are among the players who could see increased roles in the coming weeks.
Contract, Roster Deadlines Loom For NBA Teams
We’re one day away from the start of the NBA’s 2022/23 regular season, making Monday the last day of the 2022 offseason. Today serves as the deadline for a number of contract- and roster-related decisions around the league. Here are the most important ones:
Rookie Scale Extensions
A total of 25 players entered the offseason eligible for rookie scale extensions. Eight of those players (Ja Morant, Zion Williamson, Darius Garland, Jordan Poole, Tyler Herro, RJ Barrett, Keldon Johnson, and Brandon Clarke) have already signed new deals, while one (Ty Jerome) was waived. That leaves the following 16 players eligible to sign rookie scale extensions on Monday:
- Nickeil Alexander-Walker (Jazz)
- Darius Bazley (Thunder)
- Goga Bitadze (Pacers)
- Rui Hachimura (Wizards)
- Jaxson Hayes (Pelicans)
- De’Andre Hunter (Hawks)
- Cameron Johnson (Suns)
- Romeo Langford (Spurs)
- Nassir Little (Trail Blazers)
- Kevin Porter Jr. (Rockets)
- Cam Reddish (Knicks)
- Matisse Thybulle (Sixers)
- P.J. Washington (Hornets)
- Coby White (Bulls)
- Grant Williams (Celtics)
- Dylan Windler (Cavaliers)
The majority of these guys won’t sign new deals until the 2023 offseason, when they’re eligible for restricted free agency. But it would be a surprise if at least a couple more players from this list don’t finalize rookie scale extensions today. Hunter, Johnson, Little, Porter, Thybulle, Washington, and Williams are some of the best candidates.
The deadline for rookie scale extensions is at 5:00pm central time.
Certain Veteran Contract Extensions
A veteran player who signed his current contract at least two years ago (or three years ago if it was a five-year deal) is eligible to sign an extension. That means many veterans around the NBA are eligible to sign contract extensions today, but that number will significantly drop as of tomorrow.
Once the regular season begins, only veterans in the final year of their contracts can sign extensions — a player who has multiple years remaining is no longer extension-eligible until the following offseason.
[RELATED: Hoops Rumors Glossary: Veteran Contract Extension]
Let’s use the Nets as an example. Ben Simmons, Joe Harris, and Seth Curry are all eligible for extensions right now, but of those three players, only Curry is on an expiring deal.
Simmons is under contract through 2024/25, while Harris’ deal runs through 2023/24, so each of them could sign an extension today. However, starting on Tuesday, Simmons and Harris will be ineligible to sign an extension until July of 2023, with only Curry remaining extension-eligible during the season.
An extension-eligible veteran who has a player option for 2023/24 could still sign a new deal later in the ’22/23 league year, but he’d have to eliminate that option to do so. Picking up the option would make him ineligible to complete an extension between Tuesday and the start of the ’23/24 league year, since it would turn his contract into a multiyear deal, not an expiring one.
Klay Thompson, Jaylen Brown, Pascal Siakam, and Jamal Murray are some of the notable players who are extension-eligible today, but won’t be as of Tuesday, since they have multiple years left on their contracts.
The deadline for veteran extensions for players on non-expiring contracts is at 10:59pm CT tonight.
Regular Season Rosters
Most teams around the NBA finalized their roster cuts on Saturday for financial reasons, as we explained over the weekend. However, today is the official deadline to reduce offseason rosters to the regular season limit of 15 players on standard contracts (plus two on two-way contracts).
While it’s certainly possible there will be some additional roster shuffling today as teams tweak their back-end roster spots or fill two-way openings, only four teams – the Pistons, Rockets, Thunder, and Spurs – absolutely have to make cuts, as we detailed on Sunday.
The Pistons and Rockets are expected to waive Kemba Walker and Derrick Favors, respectively, while the Thunder’s and Spurs’ cuts haven’t yet been reported. Oklahoma City will have to release three players (one will reportedly be David Nwaba); just one cut is required for San Antonio.
The final day of the offseason is also the last day for teams to convert Exhibit 10 contracts into two-way deals.
However, after Dru Smith, Olivier Sarr, Kostas Antetokounmpo, Ty Jerome, Anthony Lamb, McKinley Wright, Moses Brown, Luka Garza, Jordan Goodwin, and Michael Foster Jr. had their Exhibit 10 deals converted into two-ways within the last week, there’s just one candidate left for this maneuver: Rockets forward Darius Days. His deal is expected to be converted before today’s deadline.
Finally, Monday is the last day for a free agent to be signed-and-traded. But there’s no indication that any sign-and-trades are in the works.
Southwest Notes: Mavs, Campazzo, Spurs, Rockets, Pelicans
Argentinian point guard Facundo Campazzo has arrived in Dallas, league sources tell veteran NBA reporter Marc Stein (Twitter link). As previous reports indicated and as Stein confirms, Campazzo is on track to sign a one-year contract with the Mavericks after he completes a physical with the team.
The signing will likely become official on Monday or Tuesday, ahead of Dallas’ regular season opener in Phoenix on Wednesday, Stein adds. Because the Mavericks are currently only carrying 14 players on standard contracts, no corresponding roster move will be necessary to sign Campazzo as the team’s 15th man.
Here are a few more notes from around the Southwest:
- While San Antonio’s current players say they’re not thinking about next year’s draft and will be focused on winning games this season, the Spurs figure to be a key player in the Victor Wembanyama sweepstakes, with head coach Gregg Popovich acknowledging that the team won’t be a contender this season, per Jeff McDonald of The San Antonio Express-News. “To be a championship program, you have to have a couple superstars on your team,” Popovich said. “That doesn’t exist (here) right now. … It’s just a fact, and to avoid that fact seems kind of senseless to me.”
- With Dejounte Murray no longer in San Antonio, the Spurs may be the “Keldon Johnson show” this season, John Hollinger of The Athletic writes, noting that the team’s options on offense will be limited — especially if veterans Doug McDermott and Josh Richardson are traded before the deadline. Hollinger forecasts a 24-58 finish for the rebuilding Spurs, who currently have five teenagers on their roster.
- Like San Antonio, Houston doesn’t have championship aspiration this season, but the Rockets want to make things hard on their opponents as they focus on player development and growth, says Jonathan Feigen of The Houston Chronicle. “There’s a lot of teams around this league that think we’re still in rebuild and we’re still trying to figure things out,” Jae’Sean Tate said. “Our whole mindset is … trying to punch guys in the mouth, try to be the aggressors and I think you … are going to see that this year.”
- Zion Williamson will likely have plenty of different frontcourt partners this season, with Jonas Valanciunas, Larry Nance Jr., Jaxson Hayes, and Willy Hernangomez among the bigs he could play alongside. Will Guillory of The Athletic takes a closer look at how the pieces might fit together for the Pelicans.
Atlantic Notes: Sixers, Raptors, Brunson, Begarin
After converting Michael Foster Jr. to a two-way deal, the Sixers have an opening on their 15-man roster, and it sounds like the team doesn’t plan to fill that opening right away.
“We believe there’s a lot of guys out there that may become available,” Sixers head coach Doc Rivers said (Twitter link via Keith Pompey of The Philadelphia Inquirer). “We wanted to make sure we had a spot.”
Even if Philadelphia doesn’t end up finding a free agent or trade target to fill that 15th spot anytime soon, keeping it open will allow the team to maximize its financial flexibility. The Sixers are a few million dollars below their hard cap and have a chance to duck out of luxury tax territory altogether if they trim a little salary during the season.
Here’s more from around the Atlantic:
- The chances of Fred VanVleet or Pascal Siakam signing a contract extension with the Raptors before the regular season begins appear slim, according to Doug Smith of The Toronto Star (Twitter link). VanVleet could still negotiate an in-season extension if he turns down his 2023/24 player option, whereas Siakam would be ineligible to sign an extension until next summer if he doesn’t receive one by opening night.
- In a full story for The Toronto Star, Smith writes that Justin Champagnie earned the Raptors‘ 15th roster spot almost by default. Champagnie was sidelined for most of the preseason due to a hip injury, but the other challengers – D.J. Wilson, Josh Jackson, and Gabe Brown – didn’t do much in training camp or the preseason to stand out and seize the final regular season roster spot.
- Newly added free agent point guard Jalen Brunson has been everything the Knicks could’ve hoped for so far, according to Zach Braziller of The New York Post, who writes that Brunson’s selfless play seemed to be rubbing off on the other starters during the preseason. “It’s clear as day the impact he’s had on the team,” head coach Tom Thibodeau said.
- Former NBA assistant Will Weaver, who is now coaching Paris Basketball in France, loves what he has seen from Celtics draft-and-stash prospect Juhann Begarin so far this fall, according to Johnny Askounis of Eurohoops. “We all witnessed it today,” Weaver said on Sunday after Begarin scored 28 points in a loss to AS Monaco. “Juhann Begarin is an NBA player. He can make an impact in Boston.” The Celtics drafted Begarin with the 45th overall pick in 2021 and continue to hold his NBA rights.
Raptors Sign, Waive Saben Lee
The Raptors have signed and subsequently waived free agent guard Saben Lee, the team announced today.
The 38th overall pick in the 2020 draft, Lee spent his first two NBA seasons with the Pistons, first on a two-way contract and then on a standard deal. He appeared in 85 total games for the team, averaging 5.6 points, 2.9 assists, and 2.4 rebounds in 16.3 minutes per contest, with a shooting line of .434/.265/.731.
Lee was traded from Detroit to Utah last month in the Bojan Bogdanovic deal and was subsequently released by the Jazz. After clearing waivers, he signed a training camp contract with the Suns on Tuesday, but his stint in Phoenix was short-lived — he was cut by the team on Thursday.
Despite the fact that he spent time on three rosters leading up to the 2022/23 season, Lee’s G League rights weren’t held by any team until he signed with the Raptors, his fourth club of the last month. Toronto signed Lee to an Exhibit 10 contract that will ensure he receives a bonus worth up to $50K if he spends at least 60 days with the Raptors 905.
The Raptors didn’t have to make a corresponding roster move to make room for Lee, since the 15-man limit still won’t apply until after Monday’s cut-down deadline. Since Lee won’t clear waivers until Tuesday, Toronto will be on the hook for one day’s worth of dead money for him — that portion of prorated salary figures to be worth $10,552.