Pacers Sign Malcolm Brogdon To Two-Year Extension
5:53pm: The Pacers and Brogdon have officially completed their new deal, according to the transactions log at NBA.com.
2:14pm: The Pacers and guard Malcolm Brogdon have agreed to a two-year, $45MM extension, agent Austin Brown of CAA Sports tells Adrian Wojnarowski of ESPN (Twitter link).
Brogdon’s current contract covers the next two years, so his new deal will begin in 2023/24 and will lock him up through 2025. The 28-year-old is earning $21.7MM in ’21/22 and $22.6MM in ’22/23, for a total of $44.3MM over the next two seasons, so his new two-year extension figures to look pretty similar to the remainder of his current deal.
Brogdon, who will turn 29 in December, has spent the last two seasons in Indiana and enjoyed perhaps the best statistical season of his career in 2020/21. He averaged a career-high 21.2 PPG to go along with 5.9 APG and 5.3 RPG in 56 games (34.5 MPG), posting a shooting line of .453/.388/.864.
There had been some whispers throughout the offseason that Brogdon could be a trade candidate, and his name – as well as Caris LeVert‘s – surfaced in rumors related to the Ben Simmons trade talks between the Sixers and Pacers. However, subsequent reports suggested that Philadelphia wasn’t that enamored by the idea of a package centered around Brogdon and/or LeVert.
Now that he’s signing an extension, Brogdon won’t be a trade option for the Sixers or any other team this season. As Bobby Marks of ESPN tweets, Brogdon’s new deal exceeds the extend-and-trade limits in the Collective Bargaining Agreement, meaning he won’t become trade-eligible for six months. This season’s trade deadline is on February 10.
As we noted this morning, if Brogdon hadn’t finalized an extension today, he wouldn’t have been eligible to sign one until the 2022 offseason, since he still has multiple years left on his current deal.
Bucks Sign Grayson Allen To Two-Year Extension
5:52pm: The Bucks have officially signed Allen to his extension, per NBA.com’s transactions log. The deal’s overall base value is lower than $20MM, according to Jim Owczarksi of The Milwaukee Journal Sentinel, who reports that it can be worth up to $19.5MM if certain team and player incentives are met.
4:16pm: The Bucks have reached an agreement on a two-year, $20MM rookie scale contract extension with wing Grayson Allen, agent Mitch Nathan of CAA tells Adrian Wojnarowski of ESPN (Twitter link).
Allen, who is entering his fourth NBA season, had the best year of his career for the Grizzlies in 2020/21, starting 38 of 50 games and averaging 10.6 PPG, 3.2 RPG and 2.2 APG. The former Duke star has knocked down 39.5% of his 3-point attempts over the last two years while steadily increasing his volume.
The Bucks acquired Allen from Memphis over the summer in exchange for Sam Merrill and a pair of future second-round picks. He’ll play a rotation role on the wing in Milwaukee this season and would have been eligible for restricted free agency in 2022 if he hadn’t worked out a deal with the team today.
Allen’s two-year contract will give the Bucks some insurance in the event that they can’t complete a new contract with Donte DiVincenzo, who is also on track for potential restricted free agency next summer if he doesn’t sign an extension today. Allen’s new deal will pay him approximately the equivalent of the full mid-level exception.
Allen will earn just over $4MM this season before his extension goes into effect in 2022/23.
Suns Sign Landry Shamet To Four-Year Extension
5:49pm: Shamet’s extension is official, according to NBA.com’s transactions log. The deal will include a team option in year four, says Michael Scotto of HoopsHype (Twitter link).
4:20pm: The Suns are signing guard Landry Shamet to a four-year, $43MM rookie scale contract extension, agent George Landberg tells ESPN’s Adrian Wojnarowski (Twitter link).
The deal is almost identical to what a four-year deal using the full mid-level exception is projected to look like in 2022/23.
Shamet has yet to appear in a regular season game for Phoenix, having been acquired from Brooklyn in an offseason deal. However, as Wojnarowski notes (via Twitter), head coach Monty Williams pushed for that trade and is planning on having Shamet play a big role for the Suns.
The 24-year-old has bounced around the NBA since entering the league as the 26th overall pick, having already spent time with the Sixers, Clippers, and Nets. However, he has been considered a positive asset each time he has been traded — the Suns gave up Jevon Carter and the No. 29 pick for him this summer.
Shamet has also been a reliable outside shooter for each one of his teams so far, knocking down 39.7% of his career three-point attempts in 193 games. In 2020/21, he averaged 9.3 PPG in 61 games (23.0 MPG) for the Nets.
Even though the Suns were said to be high on Shamet, it’s still a little surprising that the team completed rookie scale extensions with two players this offseason and former No. 1 overall pick Deandre Ayton wasn’t one of them. Mikal Bridges also received a four-year deal from Phoenix, but extension negotiations with Ayton stalled and ended.
Outside of Ayton, the Suns now have their entire core locked up for multiple seasons. Devin Booker is under contract for the next three years, while Chris Paul‘s contract covers four seasons.
Rockets Claim Garrison Mathews, Waive Anthony Lamb
The Rockets have made a change to one of their two-way contract slots, waiving forward Anthony Lamb and replacing him with guard Garrison Mathews, reports Kelly Iko of The Athletic (Twitter links). According to Iko, Houston claimed Mathews off waivers and converted his Exhibit 10 contract to a two-way deal.
Mathews, who was on a two-way contract with Washington for each of the past two seasons after going undrafted out of Lipscomb in 2019, emerged as a regular rotation player for Washington in 2020/21, averaging 5.5 PPG in 64 games (16.2 MPG). The 24-year-old shooting guard has displayed a reliable outside shot since entering the NBA, making 38.9% of 244 total three-point attempts.
The Celtics signed Mathews to a training camp contract this offseason and he was a candidate to be converted to a two-way deal in Boston, but he reportedly asked the team not to do so. According to Jared Weiss of The Athletic, Mathews thought it was unlikely he’d be promoted to the Celtics’ standard roster during the season if he were on a two-way deal with the team. There’s a better path to a 15-man roster spot in Houston, where the Rockets will likely try to trade some veterans this season.
As for Lamb, he played in the G League bubble with the Canton Charge and Rio Grande Valley Vipers earlier this year after going undrafted out of Vermont in 2020. His solid showing for Houston’s G League affiliate (the Vipers) earned him a two-way deal with the Rockets in March. He averaged 5.5 PPG and 2.9 RPG in 24 games (17.3 MPG) for Houston, then accepted his two-way qualifying offer this offseason. He’s a candidate to return to the Vipers.
The Rockets also completed another minor transaction, quietly signing and waiving big man Mfiondu Kabengele, according to Jonathan Feigen of The Houston Chronicle. The sign-and-waive move ensures that Houston can make Kabengele an affiliate player for Rio Grande Valley, assuming he signs a G League contract.
Kabengele, 24, was the 27th overall pick in the 2019 draft, but barely played for the Clippers in his rookie year and had his rookie scale team option for the 2021/22 season turned down. He was traded to the Kings at the 2021 deadline, then caught on with the Cavaliers after being cut by Sacramento. The 6’9″ Canadian played in 16 games for the Cavs down the stretch, averaging 4.3 PPG and 2.9 RPG in 11.6 minutes per contest.
Because Kabengele signed his Exhibit 10 contract with Houston on Sunday and wasn’t cut until Monday, he’ll still be on waivers when the regular season begins. That means the Rockets will take on a small cap hit for a couple days worth of his minimum salary.
Lakers Claim Avery Bradley Off Waivers
The Lakers have reunited with another old friend, having claimed guard Avery Bradley off waivers, according to Shams Charania of The Athletic (Twitter link). Bradley was released by the Warriors on Saturday.
Bradley was part of the Lakers’ championship team in 2019/20, averaging 8.6 PPG and 2.3 RPG on .444/.364/.833 shooting in 49 games (24.2 MPG) for the club. He signed with the Heat last offseason, then was traded to Houston at the March trade deadline. The Rockets turned down Bradley’s team option for 2021/22 and he subsequently joined the Warriors for training camp.
Bradley failed to earn the 15th spot on Golden State’s regular season roster, but will become the latest veteran to rejoin the Lakers after spending time away from the team. Dwight Howard, Rajon Rondo, Trevor Ariza, Wayne Ellington, and Kent Bazemore are among the others who fit that bill. Howard and Rondo, like Bradley, were members of the 2020 championship team.
The Lakers, who signed Jay Huff to a two-way contract earlier today, now have a full 17-man roster for the regular season. However, Bradley’s deal is non-guaranteed and Austin Reaves only has a small partial guarantee, so the team has the flexibility to make some changes in the coming days, weeks, or months, if necessary.
Pacific Notes: Bradley, Bagley, Hartenstein, Lakers
Warriors stars Stephen Curry and Draymond Green had been in favor of keeping Avery Bradley on the team’s roster to open the regular season, sources tell Marcus Thompson II of The Athletic. As Thompson notes, Bradley didn’t have a great preseason for Golden State, but the team’s veterans liked the fact that he has significant playoff experience.
According to Thompson, there was even a sense from some people within the organization that Bradley could be a good fit in the Warriors’ starting lineup until Klay Thompson returns, since he’d be capable of handling tougher defensive assignments that Jordan Poole may not be ready for. With Poole in the starting lineup, it might fall to Curry to defend an opponent’s top guard.
Rather than hanging onto Bradley, the Warriors appear set to open the regular season with an open 15th roster spot. However, the team could choose to fill that opening at any time.
Here’s more from around the Pacific:
- League sources confirm to Marc Stein of Substack (Twitter link) that no rookie scale extension is expected for Kings big man Marvin Bagley III today. That comes as no surprise, given that Bagley has been the subject of trade rumors and has been limited to 56 games over the last two seasons due to foot and hand injuries.
- The Clippers liked what they saw in camp from Harry Giles, whom Tyronn Lue referred to as “definitely an NBA player,” but they believed Isaiah Hartenstein is a better fit for their roster, writes Andrew Greif of The Los Angeles Times. “He did a good job, he played well, kind of came in and fit in right away with his passing and being able to get guys shots and backdoor cuts for layups and things like that,” Lue said of Hartenstein, who beat out Giles for the 15th spot on the opening-night roster.
- It remains a mystery which two players will start for the Lakers alongside LeBron James, Anthony Davis, and Russell Westbrook on opening night on Tuesday. Head coach Frank Vogel told reporters today that he has made a decision, but doesn’t want to disclose it yet (Twitter link via Jovan Buha of The Athletic).
Knicks Pick Up 2022/23 Options On Barrett, Toppin, Quickley
The Knicks have picked up their fourth-year option on wing RJ Barrett, as well as their third-year options on forward Obi Toppin and guard Immanuel Quickley, reports Fred Katz of The Athletic (Twitter link). The three options are for the 2022/23 season.
As a result of the moves, all three players will now have guaranteed salaries for ’22/23. Barrett will make $10.9MM, Toppin will make $5.35MM, and Quickley will earn $2.32MM, as our tracker shows.
Barrett will now become eligible for a rookie scale extension during the 2022 offseason, while the Knicks will have to make decisions on Toppin’s and Quickley’s fourth-year options (for 2023/24) a year from now.
Toppin struggled to make an impact as a rookie last season, averaging just 4.1 PPG and 2.2 RPG in 62 games (11.0 MPG), but Barrett and Quickley played key roles for a Knicks team that ended a seven-year playoff drought.
Barrett put up 17.6 PPG, 5.8 RPG, and 3.0 APG in 72 games (34.9 MPG), while Quickley recorded 11.4 PPG with a .389 3PT% in 64 contests (19.4 MPG).
Hornets Release Wesley Iwundu
2:44pm: The Hornets have officially waived Iwundu, according to a press release from the team.
1:11pm: The Hornets will finalize their regular season roster by waiving swingman Wesley Iwundu, sources tell Shams Charania of The Athletic (Twitter link).
Iwundu, who will turn 27 in December, has been in the NBA for four seasons after being selected 33rd overall in the 2017 draft by the Magic. He spent his first three years in Orlando, then played for the Mavericks and Pelicans in 2020/21. In 223 total games (16.8 MPG), he has averaged 4.3 PPG and 2.4 RPG on .407/.286/.799 shooting.
The Pelicans sent Iwundu to Charlotte this summer as part of the Devonte’ Graham sign-and-trade. Iwundu was a late addition to the deal for salary purposes, as his inclusion allowed New Orleans to create a significant trade exception. With the Hornets carrying 16 players on guaranteed contracts this fall, Iwundu always seemed to be the likeliest victim of the club’s roster crunch.
Charlotte will take on a $1,824,003 cap hit for Iwundu, assuming he goes unclaimed on waivers on Wednesday. The Hornets now have 15 players on standard contracts and a pair on two-way deals.
No Contract Extension For Suns, Deandre Ayton
The Suns and center Deandre Ayton have ended their contract extension negotiations, reports ESPN’s Adrian Wojnarowski (Twitter link).
As Wojnarowski explains, Ayton expected a maximum-salary deal and team owner Robert Sarver has remained unwilling to offer one, so the two sides won’t reach an agreement by today’s rookie scale extension deadline. While Phoenix was able to work out an extension with Mikal Bridges, the team’s former No. 1 pick is now on track to become a restricted free agent in 2022.
Wojnarowski first reported nearly two weeks ago that discussions between the two sides had reached an impasse due to their difference in opinion on Ayton’s value. The 23-year-old’s representatives felt their client deserved a commitment like the ones Luka Doncic, Trae Young, and Shai Gilgeous-Alexander received from their respective teams this offseason, while the Suns’ ownership group felt Ayton wasn’t at the level of those young stars.
Ayton’s 14.4 PPG in 2020/21 was the lowest mark of his career, but he averaged double-digit rebounds (10.5 RPG) for a third straight season, made a career-best 62.6% of his shots from the field, improved as a defender, and played a key role in the Suns’ NBA Finals run. His modest scoring numbers were primarily a result of his willingness to accept a reduced role on offense following the arrival of Chris Paul to Phoenix. Ayton had averaged 18.2 PPG in ’19/20.
Since Ayton will be a restricted free agent in a year, Phoenix won’t be at any risk of losing him next summer. However, if these unsuccessful negotiations leave a bad taste in his mouth, Ayton could consider alternative options in free agency besides just reentering long-term contract talks with the Suns.
Accepting his qualifying offer would be one option for Ayton, though that’s not a path many high-level RFAs seriously consider. Signing the qualifying offer would be the equivalent of accepting a one-year contract and would put Ayton on track for unrestricted free agency in 2023. While it’s an unlikely scenario, it’s worth noting that Ayton’s qualifying offer will be worth $16.4MM, which I believe makes it the largest QO in NBA history to date.
Ayton would also have the option of going out and seeking an offer sheet from another team. The Suns would have the ability to match any offer sheet Ayton signs, but he could negotiate unfriendly terms, including perhaps an early opt-out and a 15% trade kicker.
Of course, it’s possible that when the Suns and Ayton return to the negotiating table next offseason, things go more smoothly and the two sides are able to work something out, like the Hawks did with John Collins this summer. For now though, it looks like we can safely pencil in Ayton as one of the top free agents in next year’s class.
Grizzlies Sign Jaren Jackson Jr. To Four-Year Extension
1:55pm: Jackson’s extension is now official, per NBA.com’s transactions log. According to ESPN’s Bobby Marks (Twitter link), the deal has a first-year salary of $28.9MM and declines annually from there. Marks also confirms that it’ll include prior injury exclusion (Exhibit 3) language related to Jackson’s left knee.
12:41pm: There will be injury protections in the deal, sources tell Joe Vardon of The Athletic. According to Vardon, if Jackson gets hurt again, the Grizzlies would have the ability to save some or all of the money they’d owe him.
We’ll have to wait for the specific details, but typically, that sort of contract language applies to a reoccurrence of a similar prior injury. For instance, the agreement might make Jackson’s future salaries non-guaranteed if he has more health issues related to his left knee.
Joel Embiid‘s rookie scale extension with Philadelphia had language along those lines. But again, we’ll have to wait for more specifics on Jackson’s deal.
10:40am: The Grizzlies and power forward Jaren Jackson Jr. have reached an agreement on a rookie scale extension, according to ESPN’s Adrian Wojnarowski. Agent Austin Brown of CAA Basketball tells Wojnarowski that Jackson is signing a four-year, $105MM extension with the team. It will go into effect in 2022/23.
Jackson, 22, was the fourth overall pick in the 2018 draft and started 113 of the 115 games he played for Memphis in his first two NBA seasons. In 2019/20, he averaged 17.4 PPG, 4.6 RPG, and 1.6 BPG on .469/.394/.747 shooting in 57 contests (28.5 MPG).
However, Jackson was sidelined for the majority of the ’20/21 campaign while recovering from surgery to repair a torn meniscus in his left knee. He returned late in the season for just 11 games and didn’t quite look like he was back up to full speed, averaging 14.4 PPG on a modest .424/.283/.833 shooting line.
Despite coming off a season nearly entirely lost to injury, Jackson remains a key part of the Grizzlies’ long-term plans, along with guard Ja Morant, who will be up for a rookie scale extension of his own in 2022.
As Wojnarowski writes, Memphis views Jackson as one of the more versatile and dynamic young bigs in the NBA. The team chose to lock him up now rather than risk paying an even higher price in restricted free agency a year from now.
Wojnarowski’s report doesn’t indicate that Jackson’s $105MM deal is fully guaranteed, so we’ll have to wait to see if that number is buoyed by incentives or whether the agreement includes some non-guaranteed money or injury language. Still, it’s a nice payday for a player who has only appeared in 126 total regular season games.
Jackson’s new deal puts this year’s crop of rookie scale extensions over the $1 billion mark, according to ESPN’s Bobby Marks (Twitter link). That figure includes massive, maximum-salary extensions for Luka Doncic, Trae Young, Shai Gilgeous-Alexander, and Michael Porter Jr., along with contracts ranging from $50-90MM for Mikal Bridges, Robert Williams, and Wendell Carter Jr.
The deadline to complete rookie scale extensions is at 5:00pm CT today, so more deals could still get done in the coming hours. We listed all the eligible players in an earlier story.