Bucks Re-Sign Joe Ingles, Wesley Matthews, Jevon Carter
JULY 6, 6:38pm: The Bucks’ deal with Ingles is now official, the team announced in a press release.
“Joe is a proven shot maker who will add great depth to our roster,” general manager Jon Horst said. “He is a terrific person and teammate who will fit in well with our team and community. We’re thrilled to welcome Joe and his family to Milwaukee.”
JULY 6, 2:29pm: The Bucks have issued a press release announcing their new deal with Carter and have also officially re-signed Matthews, per NBA.com’s transactions log. The Ingles signing figures to be formalized very soon.
JUNE 30, 6:04pm: Free agent forward Joe Ingles has agreed to a one-year contract with the Bucks worth $6.5MM, agent Mark Bartelstein tells Michael Scotto of HoopsHype (Twitter link). Ingles’ wife Renae first broke the news on Twitter.
The Bucks have also agreed to bring back a pair of their own free agents, agreeing to a one-year deal with swingman Wesley Matthews and a two-year pact with guard Jevon Carter, according to Shams Charania of The Athletic (Twitter links).
The $6.5MM salary for Ingles indicates he’ll be getting the team’s taxpayer mid-level exception. Carter’s deal will be worth $4.6MM over two years, with a player option on year two, tweets Michael Scotto of HoopsHype. That figure suggests Carter may be getting slightly above the veteran’s minimum using his Non-Bird rights.
It’s a somewhat surprising use of Milwaukee’s taxpayer mid-level exception, given that Ingles just underwent surgery on a torn ACL in February. The 34-year-old seems extremely unlikely to be ready to go by the fall and may not get back on the court until 2023. If and when he’s healthy though, he’ll be a nice fit for a Bucks team that could use his ball-handling, shooting, and defensive versatility.
As for Matthews and Carter, they played modest reserve roles for the Bucks in 2021/22, but should be useful depth pieces. Matthews, in particular, had a strong playoff run, starting all 12 of the Bucks’ postseason contests and making 40.0% of his threes.
Sixers Sign P.J. Tucker, Danuel House, Trevelin Queen
JULY 6: With the moratorium lifted, the Sixers have now made their deals with Tucker and House official as well.
“P.J. Tucker is one of the most respected and relentless competitors in our game and is the type of competitor our fans will love and embrace,” Morey said in a press release announcing the signing of Tucker. “We’re excited to add his leadership, toughness, defensive versatility and championship pedigree to our roster. P.J. wants to deliver an NBA title to Philadelphia and his work ethic and mentality make him an impactful addition to our team and city.”
JULY 1: Queen’s deal is now official, the Sixers announced in a press release. Minimum-salary contracts can be officially completed during the July moratorium.
JUNE 30: It’s fair to say Sixers president of basketball operations Daryl Morey has a type. Philadelphia has reportedly agreed to terms with three players who used to play for Morey’s former team in Houston.
Free agent forward P.J. Tucker is finalizing a three-year, $33.2MM fully guaranteed deal with the 76ers, agent Andre Buck tells Shams Charania of The Athletic (Twitter link). That long-rumored agreement will use the team’s full non-taxpayer mid-level exception.
The Sixers have also agreed to sign free agent forward Danuel House, tweets Charania. House is getting a two-year, $8.5MM deal, per Adrian Wojnarowski of ESPN (Twitter link).
House’s deal, which will be completed using the bi-annual exception, has a second-year player option, league sources tell Michael Scotto of HoopsHype (Twitter link).
Finally, Philadelphia has reached a deal with G League MVP Trevelin Queen, according to Wojnarowski (Twitter link). The guard will sign a two-year, minimum-salary contract with a partial guarantee ($300K) in year one, tweets Derek Bodner of The Athletic.
As a result of using their full MLE and BAE, the Sixers will be hard-capped for the coming season.
The 76ers were able to use those exceptions in full due to James Harden opting out of his contract and planning to accept a lower first-year salary on a new deal with the team. If Harden’s $47MM+ option had been on Philadelphia’s books, the club would’ve been hard-pressed to remain under a hard cap.
The Sixers have been mentioned as Tucker’s most likely landing spot for much of the last week. Star center Joel Embiid singled out Tucker in his comments to the media after the team lost to Miami in the playoffs, stating that Philadelphia needed a tough, versatile player like that in its frontcourt. Needless to say, Embiid will be happy that the Sixers went out and got the 37-year-old.
House, 29, helped shore up the Jazz’s perimeter defense and hit 41.5% of his three-pointers in a 25-game stint with the club this past season. He’ll give the Sixers another three-and-D rotation player.
Heat Re-Sign Dewayne Dedmon
JULY 6: The Heat have officially re-signed Dedmon, the club announced in a press release. According to Anthony Chiang of The Miami Herald (Twitter link), the deal is conditionally guaranteed for the second year.
“Dewayne brings essential attributes to the center position, including size, length, physicality, rebounding, scoring and a defensive mentality to protect the rim,” team president Pat Riley said in a statement. “He has proven to be a great veteran for us and we are fortunate to have him back.”
Oladipo and the Heat adjusted the terms of his deal, so he’ll be signing for two years instead of one.
JUNE 30: The Heat have reached agreements with a pair of their own free agents. Veteran guard Victor Oladipo is signing a one-year, $11MM contract to remain in Miami, while center Dewayne Dedmon has agreed to a two-year, $9MM pact, according to Shams Charania of The Athletic (Twitter links).
Miami had Oladipo’s Bird rights and Dedmon’s Early Bird rights, so the team won’t have to use its mid-level or bi-annual exception to complete the deals.
A two-time All-Star, Oladipo has appeared in just 60 regular season games since the start of the 2019/20 season due to a series of injuries related to his quad.
He missed most of the ’21/22 campaign while recovering from a surgery, but showed flashes of his old self down the stretch, averaging 12.4 PPG and 3.5 APG on .479/.417/.737 shooting in eight games (21.6 MPG). The former All-Defensive First Teamer also exhibited his old versatility on defense.
A report earlier this week stated that Oladipo was considered unlikely to remain with the Heat, but the two sides ultimately worked out an agreement. It’s possible the club increased its efforts to re-sign Oladipo as a result of losing P.J. Tucker to Philadelphia; it’s also possible Oladipo didn’t get the kind of offers he sought on the open market. Of course, that earlier report may have just been erroneous. In any case, the 30-year-old is on track to return to Miami for another season.
Dedmon will once again slot into the Heat’s depth chart as a backup at the five. The nine-year veteran, who will turn 33 next month averaged 6.3 PPG and 5.8 RPG in 67 games (15.9 MPG) this past season.
Grizzlies Re-Sign Tyus Jones
JULY 6: The Grizzlies have officially re-signed Jones, the team announced today in a press release.
JUNE 30: The Grizzlies are re-signing point guard Tyus Jones, according to Adrian Wojnarowski of ESPN (Twitter link). Agent Kevin Bradbury tells Wojnarowski that Jones is signing a two-year, $30MM contract to remain in Memphis.
Jones was expected to draw significant interest from teams in need of help at the point this summer, but many of those teams only had the mid-level exception available. Jones’ new deal with the Grizzlies will be worth significantly more than that.
The NBA’s leader in assist-to-turnover ratio for four straight seasons, Jones has turned the ball over just 326 times in 8,377 career NBA minutes. Besides taking care of the ball and distributing it, the 26-year-old also set career highs in PPG (8.7) and 3PT% (.390) in 2021/22.
Although he has never been a full-time starter for the Grizzlies, Jones plays an important role alongside Ja Morant and provides the team with a solid insurance policy if Morant, who plays at a breakneck pace, continues to deal with injury issues going forward.
Memphis also traded De’Anthony Melton to Philadelphia earlier in the offseason, which could lead to a slightly expanded role for Jones in 2022/23.
Spurs Withdrawing QO For Lonnie Walker, Making Him UFA
The Spurs are pulling their qualifying offer for wing Lonnie Walker, making him an unrestricted free agent, reports Shams Charania of The Athletic (Twitter link).
San Antonio initially issued Walker that qualifying offer, worth $6,311,564, on Wednesday, which came as a bit of a surprise, as I noted at the time. Unlike some of this summer’s top restricted free agents, the 23-year-old wasn’t a lock to receive his qualifying offer, given the up-and-down season he had in 2021/22.
Walker averaged a career-high 12.1 PPG and 2.2 APG, but saw his shooting percentages dip to 40.7% from the floor and 31.4% on threes, well below his career rates. The Spurs were better with him off the court (+2.1 net rating) than on it (-3.0). Furthermore, a Wednesday report stated that Walker was unlikely to remain in San Antonio.
With the QO off the table, the Spurs will create some extra cap flexibility and Walker will have the opportunity to sign anywhere without the risk of San Antonio matching an offer sheet.
Charania says to expect a “strong market” for the former first-round pick.
More Than Half Of NBA Teams Have Inquired On Durant
Since word broke this afternoon that Nets star Kevin Durant has requested a trade out of Brooklyn, more than half of the teams in the NBA have called to inquire about the former MVP, Adrian Wojnarowski of ESPN said during an appearance on NBA Today this afternoon (video link via Malika Andrews).
The Suns and Heat have been mentioned as two of Durant’s preferred landing spots, but the Nets are expected to take the best deal available to them rather than focusing on sending the veteran forward to a specific destination.
According to Jake Fischer of Bleacher Report, the Warriors are probably the only team that can be ruled out as a landing spot for Durant. I’d also be shocked if the Nets were willing to send him to the cross-town Knicks.
Early indications are that the Nets aren’t especially inclined to acquire Deandre Ayton via sign-and-trade as the centerpiece of a Durant deal, Fischer writes, adding that – from Brooklyn’s perspective – any deal with Phoenix or Miami would likely have to start with Devin Booker or Bam Adebayo. However, both of those players are on designated rookie extensions, prohibiting the Nets from acquiring either one unless they move Ben Simmons.
[RELATED: Hoops Rumors Glossary: Designated Rookies]
Given that the Rockets control the Nets’ draft picks (either outright or via swap rights) for the next several years, don’t expect Brooklyn to pivot to a full-fledged rebuild as part of a Durant trade, ESPN’s Brian Windhorst said during the same episode of NBA Today (video link)
Windhorst isn’t sure if the Nets will get a superstar in return, but expects them to target selfless, team-first players, citing Suns forward Mikal Bridges as an example. As Windhorst observes, those are the types of players GM Sean Marks spoke about wanting during his end-of-season media session in May.
“We’re looking for guys that want to come in here and be part of something bigger than themselves, play selfless, play team basketball, and be available,” Marks said at the time.
[RELATED: Nets To Acquire Royce O’Neale From Jazz]
Windhorst also says his phone is “blowing up” with executives wondering where Kyrie Irving is going to end up. There has been no indication that Irving has requested a trade, but he seems far less likely to remain in Brooklyn for the final year of his contract if Durant is traded.
“If Kevin Durant is on the first train out, Kyrie Irving will be on the caboose as far as the Nets are concerned,” Windhorst said.
According to Fischer, league sources “continue to whisper” about Irving’s desire to join the Lakers and reunite with LeBron James. However, a trade between L.A. and Brooklyn would be challenging, since the Nets reportedly have no interest in Russell Westbrook.
Spurs Trade Dejounte Murray To Hawks
JUNE 30: The trade is official, the Hawks announced in a press release.
“The opportunity to acquire a player of Dejounte’s caliber, just entering his prime, doesn’t come along too often,” Hawks president of basketball operations Travis Schlenk said in a statement. “He has developed into one of the elite two-way guards in the league and we’re thrilled to add him to our group.”
In addition to the pieces detailed below, Atlanta also acquired big man Jock Landale from San Antonio. As Yossi Gozlan of HoopsHype tweets, in order to complete the trade before the new league year began, the Spurs needed to add a little more salary to match Gallinari’s $21.45MM incoming figure, even though it’s not fully guaranteed.
According to Kirschner (Twitter link), it’s not clear yet whether the Hawks plan to keep Landale, whose minimum-salary contract for 2022/23 isn’t fully guaranteed.
JUNE 29: The Spurs have reached an agreement to trade guard Dejounte Murray to the Hawks for a package that includes Danilo Gallinari and multiple first-round picks, reports Adrian Wojnarowski of ESPN (Twitter link). San Antonio will receive three first-rounders and a draft swap, tweets Shams Charania of The Athletic.
According to Wojnarowski and Chris Kirschner of The Athletic (Twitter links), the three picks going to the Spurs will be Charlotte’s 2023 first-rounder (top-16 protected) and the Hawks’ own 2025 and 2027 first-rounders. San Antonio will also have the right to swap first-round selections with Atlanta in 2026.
Those 2025 and 2027 picks – along with the 2026 swap – will be unprotected, tweets John Hollinger of The Athletic.
Marc Stein first reported (via Twitter) that momentum was building toward a Murray trade, noting that the Knicks and Timberwolves were also among the guard’s known suitors. Atlanta has been the team most frequently linked to Murray though, having reportedly explored deals for him dating back to February’s trade deadline.
The deal represents a major backcourt upgrade for the Hawks, who will add an All-Star – and one of the league’s best perimeter defenders – to complement All-NBA guard Trae Young without giving up any players from their projected 2022/23 roster.
It’s not clear if trade candidate John Collins will still be in Atlanta when the ’22/23 season begins, but he’s not part of this deal after having being included in earlier Murray-related rumors.
Murray enjoyed a breakout season in 2021/22, averaging 21.1 PPG, 9.2 APG, 8.3 RPG, and a league-leading 2.0 SPG with a shooting line of .462/.327/.794 in 68 games (34.8 MPG). The 25-year-old was the runner-up for the Most Improved Player award.
Murray’s ability and versatility on defense make him an ideal backcourt partner for Young, who is said to be “ecstatic” about the move, according to Chris Haynes of Yahoo Sports (Twitter link). Murray is under contract for the next two seasons and is owed just over $34MM during that time.
The Spurs’ motives for making the deal are a little less obvious than the Hawks’, since it’s not as if Murray was on an entirely different timeline than the team’s young core, but perhaps he wasn’t part of the club’s plans beyond his current contract. San Antonio’s decision to accept a package heavy on distant draft picks rather than current players signals that short-term contention probably isn’t in the cards as the front office looks toward the future.
The Hornets’ 2023 pick will be lottery-protected in 2024 and 2025 if it doesn’t convey next year, then would turn into two second-round picks if it hasn’t conveyed by that point. The Hawks’ own picks – and the 2026 swap – could be more significantly more valuable, especially if the team takes a downturn within the next few years.
Gallinari’s $21.45MM salary had only been partially guaranteed for $5MM and was set to become fully guaranteed if he remained under contract through today.
The veteran forward probably isn’t in the Spurs’ plans at that full $21.45MM figure, so the most likely outcome is that he’ll have his partial guarantee increased by another $6MM-ish in order to legally match Murray’s salary, then will be waived. Gallinari may agree to push back his salary guarantee date in order to give the teams time to complete the trade and ensure that he receives that extra money, though that’s just my speculation at this point.
Nets’ Kevin Durant Requests Trade
Nets star Kevin Durant has requested a trade out of Brooklyn, sources tell Shams Charania of The Athletic (Twitter link).
Durant’s business manager Rich Kleiman tells Adrian Wojnarowski of ESPN (Twitter link) that he and Durant are working with Nets general manager Sean Marks to find a 
new home for the former MVP. Durant made his trade request directly to Nets owner Joe Tsai today, sources tell Wojnarowski (Twitter link).
Multiple reports last week suggested that Durant was mulling his long-term future in Brooklyn, despite being under contract for the next four years on a maximum-salary contract. At the time, those rumors were believed to be tied to Kyrie Irving‘s efforts to secure a long-term deal with the Nets — once Irving decided to opt in, there was a sense that things may quiet down in Brooklyn for the time being.
Clearly, that’s not the case.
Word of Durant’s newfound availability breaks with the start of 2022 free agency just hours away, potentially upending many teams’ offseason plans. The Suns, for instance are shifting their focus to Durant, per John Gambadoro of Arizona Sports 98.7. Gambadoro tweets that Phoenix doesn’t want to gut its roster to get Durant, but he’s the club’s new top priority.
The 33-year-old will be one of the most valuable trade assets to ever hit the market, according to ESPN’s Adrian Wojnarowski (Twitter link), who notes that Brooklyn will be seeking a “historic return.” No one on the roster is expected to be off-limits as the Nets engage in trade talks, Wojnarowski adds.
Durant has the Suns listed as one of his preferred destinations, per Chris Haynes of Yahoo Sports (Twitter link). The Heat have also been mentioned as a preferred landing spot for the 12-time All-Star, tweets Jake Fischer of Bleacher Report.
However, while Wojnarowski confirms that Phoenix and Miami are on Durant’s wish list, he says the Nets plan to get the best deal they possibly can (Twitter link). Since he’s under contract for four more seasons, Durant will have limited leverage to pick and choose his destination.
While the 2021/22 season was a disappointing one in Brooklyn from a team perspective, Durant was as good as ever. He appeared in just 55 games due to a knee injury, but averaged 29.9 PPG, 7.4 RPG, and 6.4 APG on .518/.383/.910 shooting in 37.2 minutes per contest. He’ll earn approximately $44.1MM in 2022/23 and about $197.7MM in total through ’25/26, with no option on the final year.
According to Wojnarowski (Twitter link), Irving and Durant had no contact with the Nets after Kyrie picked up his option earlier this week, creating a “sense of inevitability” that a Durant trade request might be coming. There has been no indication yet that Irving has made a similar request, but it’s safe to assume Brooklyn will consider its options with the star guard if Durant is on the move — especially if the team shifts to rebuilding mode.
As the Nets begin exploring potential trade packages for Durant, it’s worth noting that they’re ineligible to trade for a second player who is on a five-year rookie scale extension via the “designated rookie” rule, as ESPN’s Bobby Marks notes (via Twitter).
Teams are permitted to carry two “designated rookies” but only one can have been acquired via trade, and the Nets already have Ben Simmons. That rules out Brooklyn acquiring a player like, for instance, Bam Adebayo unless Simmons is dealt. And Sam Amick of The Athletic suggests (via Twitter) that the Nets are expected to hang onto Simmons.
The Nets would still be eligible to acquire a player like Deandre Ayton on a maximum-salary contract since he’s no longer eligible to receive a designated rookie extension. However, Ayton would have to be acquired via sign-and-trade, which would hard-cap the Nets for the 2022/23 league year, so the team would have to shed significant salary to make that a realistic option.
2022 NBA Free Agency Primer
The NBA’s 2022 free agency period officially begins on Thursday at 5:00 pm central time. At that point, we can expect news of contract agreements to start pouring in, continuing well into the night.
By our count, a staggering 56 free agents agreed to deals on day one of free agency in 2021 — we’ll see if that number is matched later today.
Here are a few links to prepare for you one of the most exciting days on the NBA calendar:
- Top 50 Free Agents Of 2022
Bradley Beal, Zach LaVine, James Harden, and Deandre Ayton lead the way on our list of the summer’s best available players. - 2022 Free Agents By Position/Type
2022 Free Agents By Team
Want the full breakdown of players available this summer? Take your pick from these two lists. - Key Offseason Dates/Deadlines
A breakdown of the important dates to watch beyond today. - Maximum Salary Projections For 2022/23
Minimum Salary Projections For 2022/23
Mid-Level, Bi-Annual Exception Projections For 2022/23
Our projections are based on a salary cap of $123,655,000. We should find out in a matter of hours what the exact cap for 2022/23 will look like. - Player Option Decisions For 2022/23
Team Option Decisions For 2022/23
The deadline for these decisions was on Wednesday, so they’re all in now. - 2022 Qualifying Offer Recap
We have the full list of which players are becoming restricted free agents. - 2022 Offseason Trades
Fifteen trades have been officially completed so far this offseason, with six more agreed upon and many more to come. - Outstanding Trade Exceptions
A number of teams have traded player exceptions available to take on salary without sending any salary back. - 2022 Offseason Preview Series
We took a closer look at all 30 teams’ cap situations and key offseason decisions. - Hoops Rumors Glossary
Need a refresher on how sign-and-trades work, what it means to have “Early Bird rights” on a player, or how a team becomes hard-capped? We explain all in our glossary.
Eastern Rumors: Gallinari, Celtics, Nets, O’Neale, Wizards, Turner
The Hawks and Danilo Gallinari have agreed to push back the forward’s salary guarantee date to July 8, reports Jake Fischer of Bleacher Report (Twitter link). Gallinari’s $21.45MM salary for 2022/23, which is currently only partially guaranteed for $5MM, was originally set to become fully guaranteed if he remained under contract through Wednesday.
However, with word breaking that he would be sent to San Antonio in a trade for Dejounte Murray, there was an expectation that Gallinari’s guarantee deadline would be moved, giving the two teams some time to complete the trade and assuring him of some extra money — it appears he’s in line to receive about an extra $6.57MM in order to ensure his guarantee is large enough to legally match Murray’s salary.
While Fischer suggests the new guarantee date opens the door for the Hawks to further expand the Murray trade before it becomes official, it will also simply ensure the Spurs and Hawks have a chance to complete the trade once the transaction moratorium ends on July 6 and that San Antonio can subsequently waive Gallinari before the rest of his salary becomes guaranteed. Assuming he’s released next week, Gallinari will have an opportunity to find a new landing spot without having to wait until later in the offseason to reach the open market.
Here’s more from around the East:
- Within their look at possible targets for the Celtics‘ $17MM+ trade exception, Jay King and Jared Weiss of The Athletic say that Boston has been exploring possible deals for Hawks wing Kevin Huerter “for some time now.” John Hollinger of The Athletic thinks a trade sending Huerter to Boston would make sense for both teams if the Celtics can handle the tax hit.
- The Nets are among the teams that have interest in trading for Jazz forward Royce O’Neale, sources tell Ian Begley of SNY.tv. A report last week indicated that O’Neale was generating serious trade interest.
- The Wizards and free agent point guard Delon Wright have mutual interest, according to Begley. Washington addressed its point guard hole by agreeing to acquire Monte Morris, but could still use another reliable option at the position, and Wright should be attainable using the mid-level exception.
- Whether he begins the 2022/23 season with the Pacers or a new team, center Myles Turner should be ready to play from day one. According to Scott Agness of Fieldhouse Files, Turner is now fully healthy, having experienced no setbacks in his recovery from a stress reaction in his left foot.