Suns Re-Sign Damion Lee To One-Year Contract
7:16pm: Lee has officially re-signed with the Suns, per NBA.com’s transaction log.
1:04pm: Lee’s new deal is for the veteran’s minimum, tweets Gerald Bourguet of PHNX Sports. He’ll earn slightly less ($2.8MM) than he would’ve on his option, while the Suns’ cap hit will be just $2.09MM instead of $2.85MM, saving them some additional money in tax penalties.
11:23am: Free agent guard Damion Lee is re-signing with the Suns on a one-year contract, tweets ESPN’s Adrian Wojnarowski.
Lee became an unrestricted free agent when he declined his $2.85MM player option for 2024/25 on Saturday. However, he’s returning to Phoenix on a new one-year deal.
A former undrafted free agent who played college ball at Drexel and Louisville, Lee missed the entire ’23/24 season after suffering a meniscus tear in his right knee, which ultimately required surgery.
Lee, 31, initially signed a one-year, minimum-salary contract to join the Suns in the summer of 2022. He then inked a one-and-one contract with Phoenix last summer. During his healthy season with the Suns in ’22/23, Lee averaged 8.2 PPG and 3.0 RPG on a .442/.445/.904 shooting line across 74 contests (20.4 MPG).
Lee started his professional career in the NBA G League before signing a pair of 10-day deals and then later a rest-of-season contract with Atlanta in 2018. He spent the next four years with Golden State, winning a championship with the Warriors as a role player in 2022. He holds career averages of 8.2 PPG and 3.4 RPG on .436/.379/.878 shooting in 290 games, including 58 starts (20.8 MPG).
Why Klay Thompson Left Warriors, Joined Mavericks
Several authors — including Anthony Slater of The Athletic, Sam Amick of The Athletic, and Ramona Shelburne and Kendra Andrews of ESPN — have written recent stories about Klay Thompson‘s departure from the Warriors, with various sourced details from within the organization and those close to Thompson.
All three stories indicate there have been multiple incidents from both sides over the years that “splintered” the relationship, but perhaps most importantly was majority owner Joe Lacob spearheading a “cold, mostly uncommunicative approach to Thompson’s next contract in his three summers of extension eligibility,” a source tell Slater. While that may have been a common negotiating tactic for Lacob with key Warriors stakeholders over the years, the 34-year-old swingman “operates on his own wavelength,” as Slater writes.
According to Shelburne and Andrews, Thompson was “miserable” over the past year-plus for several reasons, including disappointing contract negotiations and a perceived disrespect that the Warriors had chosen to extend or re-sign players like Andrew Wiggins, Jordan Poole and Draymond Green but were unwilling to give him long-term security. It was also difficult for Thompson to reconcile with the fact that he was no longer physically able to be the same player after a pair of major injuries — a torn ACL and a torn Achilles tendon — cost him two-and-a-half seasons.
Thompson’s discontent was palpable throughout the 2023/24 season, which saw him benched at one point before he reclaimed his starting job to close the campaign. Sources tell ESPN that Thompson’s actions exasperated “even his loyalists in the locker room” last season. He also had several “emotional meetings” with head coach Steve Kerr, who said after the season ended he wanted to bring Thompson off the bench and reduce his minutes in ’24/25, per Slater.
While it has been reported multiple times that the Warriors offered Thompson a two-year extension worth around $48MM last offseason, the team’s front office evidently did not keep that offer on the table during the season. According to ESPN’s duo, Thompson’s agents put “at least four” contract proposals on the table and each were declined, with the team saying it wanted to wait. The final offer came in at about $40MM over two seasons, per Shelburne and Andrews. The Warriors never made counteroffers, according to Amick.
Sources tell Slater that Thompson asked Stephen Curry not to put pressure on the front office and ownership to bring his longtime backcourt partner back, as Thompson wanted the team’s interest to come organically. ESPN’s authors hear that Thompson also spoke to Kerr and Green and told them similarly.
According to Slater, once it became clear that re-signing Thompson wasn’t a top priority for the Warriors and that they wanted him to be patient as they attended to other business, Thompson’s decision became “easy.” Thompson never received a formal offer from Golden State in free agency, but several sources tell Slater the 34-year-old unofficially decided to leave weeks prior.
Being heavily scrutinized in a large market weighed on Thompson, and he was looking for a “fresh start” with a new organization. He “loved watching” the Mavericks‘ run to the NBA Finals, and was also interested in playing for the Thunder and Lakers, per ESPN.
Dallas was Thompson’s top choice, both for his potential fit alongside Luka Doncic and Kyrie Irving and for being in a media environment that is a little more laid back. Thompson played with former rival Irving on Team USA in the 2016 Olympics and the two were in regular contact about the possibility of teaming up in Dallas, according to Amick, who adds that Thompson viewed the Mavs as his best chance to win a fifth championship ring.
Oklahoma City had interest in Thompson but used its cap room to sign Isaiah Hartenstein in free agency, Shelburne and Andrews note. Thompson had “positive” conversations with key Lakers stakeholders like LeBron James, J.J. Redick and Rob Pelinka, and L.A. was willing to offer him a four-year, $80MM contract as part of a sign-and-trade; however, sources tell Amick that offer was contingent on the Lakers convincing Golden State to take back D’Angelo Russell (he also could have been routed to a third team).
Ultimately, Thompson had reservations about the attention playing in Los Angeles would bring, thinking it would be too similar to the unhappy end to his tenure with Golden State, per ESPN’s authors. Despite offering less money (he’ll reportedly receive $50MM over three years in the sign-and-trade), Thompson liked the fit with the Mavs, who made him their top priority in a meeting led by GM Nico Harrison and VP of basketball operations Michael Finley, as Amick writes.
All three stories have more details on Thompson’s departure and decision to join the Mavericks and are worth reading in full.
Kings Sign Isaiah Crawford, Isaac Jones To Two-Way Deals
JULY 3: Both signings are now official, per NBA.com’s transaction log. For now, all three Kings two-way slots are full, with Mason Jones occupying the third.
JUNE 27: The Kings plan to sign a pair of undrafted free agents to two-way contracts, according to reports from Shams Charania of The Athletic and Adrian Wojnarowski of ESPN (Twitter links).
Louisiana Tech wing Isaiah Crawford, who is ranked No. 10 on ESPN’s best undrafted players list, will be heading to Sacramento, as will Washington State big man Isaac Jones, who is ranked No. 5 on ESPN’s list. Both players were viewed as fringe second-round picks heading into the 2024 draft, with Jones ranking No. 59 on ESPN’s big board and Crawford slotting in at No. 67.
Crawford had an impressive senior season for the Bulldogs in 2023/24, averaging 16.3 PPG, 6.2 RPG, 2.4 APG, 2.1 SPG and 1.7 BPG on .485/.414/.728 shooting in 32 games (32.9 MPG). The 6’5″ forward possesses a 7’0″ wingspan and has some 3-and-D upside, according to ESPN’s Jonathan Givony.
Jones, meanwhile, was one of the biggest risers in the pre-draft process even though he ultimately went undrafted, impressing at the Portsmouth Invitational Tournament and G League Elite Camp prior to being invited to the draft combine in Chicago. The 6’8″ forward/center is another prospect with excellent length, as he has a 7’3″ wingspan, per Givony.
Lakers To Hire Nate McMillan, Scott Brooks As Assistant Coaches
The Lakers plan to hire a couple of veteran head coaches to be the top assistants on J.J. Redick‘s staff, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that Nate McMillan and Scott Brooks are joining the team.
McMillan and Brooks are the first assistants confirmed to be joining Redick’s staff. The Lakers had been looking for experienced coaches as former NBA sharpshooter Redick is a first-time head coach. ESPN’s Dave McMenamin recently reported (via Twitter) that Dwane Casey, another longtime coach who is currently in a front office role with Detroit, withdrew from consideration for an assistant job with L.A., as he “did not want to uproot his family at this time.”
One of the NBA’s top perimeter defenders during his 12-year playing career with the Sonics, McMillan transitioned to coaching after he retired from playing, including multi-season head coaching stints with Seattle, Portland, Indiana and Atlanta. The 59-year-old holds a career regular season record of 760-668 (.532 win percentage) and 28-48 record in the postseason (.368%). McMillan took a year off to reportedly spend time with family after he was fired by the Hawks in 2023.
Brooks is another former NBA player turned coach, spending 10 years in the league as a backup point guard from 1988-98. He was the lead coach of the Thunder for seven seasons and the Wizards for five, compiling a 521-414 regular season record (.557%) and 49-48 mark (.505%) in the postseason. The 58-year-old has been an assistant with Portland the past three seasons.
Rajon Rondo, Sam Cassell, Jared Dudley, and Jacque Vaughn are among the other names that have been floated as possible candidates for Redick’s staff, though Cassell (Boston) and Dudley (Dallas) may not be available.
Suns Sign Jalen Bridges To Two-Way Contract
JULY 2: Bridges has officially signed his two-way contract with the Suns, per NBA.com’s transaction log.
JUNE 27: Baylor forward Jalen Bridges, who was ranked No. 53 on ESPN’s big board but ultimately went undrafted, has agreed to a two-way contract with the Suns, sources tell Shams Charania of The Athletic (Twitter link).
Charania hears Bridges was coveted by “several” suitors before accepting a two-way deal with Phoenix.
Bridges, who spent his first couple seasons with West Virginia before transferring to Baylor in 2022, averaged 12.2 PPG, 5.7 RPG and 1.1 SPG while converting 41.2% of his three-point looks in 35 games for the Bears in 2023/24 (31.7 MPG).
According to ESPN’s Jonathan Givony, Bridges has a sturdy frame and solid potential as a three-and-D role player if he can continue to make shots at a high level while minimizing mistakes on both ends of the court. However, he doesn’t provide much as a ball-handler or passer.
Bridges was ranked No. 3 on ESPN’s best available list among players who went undrafted.
Trade/FA Rumors: Markkanen, Westbrook, DeRozan, Achiuwa, Trent
Appearing on SportsCenter, ESPN’s Adrian Wojnarowski confirmed a report from his ESPN colleague Brian Windhorst stating that the Warriors are among the teams with interest in trading for Jazz forward Lauri Markkanen (YouTube link).
“Utah is not sure it wants to trade (Markkanen), but they have to listen; they’ve been listening,” Wojnarowski said. “And a lot of the teams that missed out on Mikal Bridges from Brooklyn have transferred over to try and see if they can land Lauri Markkanen from Utah. Golden State is one of those teams.”
Here are a few more trade and free agency rumors from around the NBA:
- According to Harrison Wind of DNVR Sports (Twitter link), three-time MVP Nikola Jokic has “pushed behind the scenes” for the Nuggets to trade for Clippers guard Russell Westbrook, himself a former NBA MVP. Wind hears Jokic has wanted to play with Westbrook for multiple seasons. Joey Linn of Sports Illustrated confirms (via Twitter) Wind’s reporting, adding that DeAndre Jordan has been supportive of the idea of adding Westbrook as well. According to Linn, the Clips are exploring “several” trade possibilities for Westbrook, and even if he isn’t traded to Denver directly, it’s possible he might eventually land with the Nuggets.
- The Bulls and DeMar DeRozan appear destined to part ways, with a source telling Joe Cowley of The Chicago Sun-Times that the six-time All-Star will be landing elsewhere. According to Cowley, DeRozan made up his mind to leave once Chicago traded Alex Caruso to Oklahoma City for Josh Giddey. The Bulls have been targeting younger players in free agency, re-signing restricted free agent Patrick Williams and agreeing to a three-year deal with big man Jalen Smith.
- While the Knicks chose not to tender a qualifying offer to forward/center Precious Achiuwa, they are still open to a potential reunion with the 24-year-old, a source tells Fred Katz of The Athletic. Ian Begley of SNY.tv hears (via Twitter) interest in a reunion is mutual, but the young big man is also drawing interest from “several” contenders, so he could have multiple options to choose from.
- There hasn’t been much news related to Raptors guard Gary Trent Jr., a 25-year-old unrestricted free agent who earned $18.6MM last season. As Michael Grange of Sportsnet.ca writes, GM Bobby Webster said before free agency opened that a return to Toronto was still possible, assuming the terms were agreeable for both sides. “You want to be strategic about what’s tradable, what’s not tradable,” Webster said of Trent. “We have some big contracts coming up in the future, so it’ll just have to be something that makes sense for everyone.”
Bucks Sign Stanley Umude To Two-Way Contract
JULY 9: Umude has officially signed with the Bucks, according to the NBA’s transaction log.
JULY 1: The Bucks are signing free agent wing Stanley Umude to a two-way contract, confirms Eric Nehm of The Athletic. Will Whitson of The Walk Pod first reported (via Twitter) that Umude was heading to Milwaukee.
A former Arkansas Razorback, Umude went undrafted in 2022 and spent the majority of his first pro season in the NBA G League with the Motor City Cruise, Detroit’s affiliate. He appeared in one game with the Pistons as a rookie in 2022/23 while on a 10-day contract.
Umude returned to the Pistons on an Exhibit 10 training camp deal last summer, receiving a promotion to a two-way contract just before the ’23/24 season opened. The 25-year-old played well in his limited minutes, averaging 5.2 points and 2.1 rebounds while shooting 45.3% in 24 games (12.8 minutes), earning another promotion to a two-year standard contract in February.
Umude sustained a fractured ankle in March, ending his ’23/24 season a few weeks early. The Pistons declined their minimum-salary team option on Umude a couple days ago, making him an unrestricted free agent.
While Umude has good size for a guard/forward and is known for playing hard, he has struggled with scoring efficiency with the Cruise over the past two seasons, seemingly making his (small sample size) NBA three-point percentage more of an aberration. Still, two-way contracts don’t count against the salary cap and Milwaukee needs help on the wing, so it’s a low-risk signing.
Warriors Sign De’Anthony Melton To One-Year Contract
JULY 8: Melton has officially signed his contract with the Warriors, the club confirmed today in a press release (Twitter link).
JULY 1: The Warriors are signing free agent guard De’Anthony Melton to a one-year, $12.8MM contract, sources tell Shams Charania of The Athletic and Stadium (Twitter link).
As cap expert Yossi Gozlan observes (via Twitter), Golden State can complete the deal by using either the non-taxpayer mid-level exception or via sign-and-trade. Either scenario will hard-cap the Warriors at the first apron, which is set at $178.1MM in 2024/25.
$12,822,000 is the full value of the non-taxpayer MLE for next season.
According to Anthony Slater of The Athletic (Twitter link), the Warriors have long been fans of Melton and believed he wasn’t optimally utilized when they faced Memphis in the playoffs a couple years ago.
A 6’2″ combo guard with a 6’8″ wingspan, Melton earned $8MM last season in the final campaign of a four-year, $35MM contract that declined over time. He’ll earn a raise next season with Golden State and an opportunity to boost his value ahead of 2025 free agency if he performs well with the Warriors.
Melton has been a valuable role player over the past four seasons, averaging 10.3 PPG, 3.9 RPG, 2.7 APG and 1.5 SPG while shooting 38.3% from three-point range in 240 regular season games over that span (24.5 MPG). The primary reason the 26-year-old only received a one-year deal is he was limited to just 38 games last season with the Sixers due to a back injury, making the signing somewhat risky for Golden State.
Still, if Melton is healthy, he could provide an infusion of youth, defense and athleticism to the Warriors. And his salary is large enough that even though they’ll only have his non-Bird rights a year from now, they could still make him a competitive offer in 2025 free agency, assuming things go well for both sides.
The 46th pick of the 2018 draft, Melton has played for Phoenix, Memphis and Philadelphia over the course of his six NBA seasons.
Clippers Sign Nicolas Batum To Two-Year Deal
JULY 9: Batum’s new deal with the Clippers has been finalized, per the NBA’s official transaction log. In case you missed it, the veteran forward said he received interest from 17 teams as a free agent.
JULY 1: Free agent forward Nicolas Batum is returning to Los Angeles, having agreed to a two-year, $9.6MM contract with the Clippers, sources tell ESPN’s Adrian Wojnarowski (Twitter link).
Veteran reporter Marc Stein first reported (via Twitter) that the Clips were a “strong contender” to land the 35-year-old, who also drew interest from the Spurs and Warriors, according to Jake Fischer of Yahoo Sports (Twitter links).
Based on the reported terms, it seems very likely that L.A. will use the bi-annual exception to sign Batum. If that’s the case, the exact value of the two-year pact will be $9,569,400.
Batum has long been a highly versatile player who can fulfill multiple roles on both ends of the court. He has a great feel for the game and is a very smart ball-mover and passer, on top of being a strong three-point shooter — he has converted 39.8% of his long-distance looks over the past four seasons.
After an ill-fated yet highly lucrative stint with Charlotte from 2015-20, Batum had a career renaissance with the Clippers from ’20-23. He spent most of last season with Philadelphia, however, after he was traded to the Sixers in the James Harden deal. Kelly Iko of The Athletic reported yesterday that Batum would not be returning to Philly.
The 25th pick of the 2008 draft, Batum spent his first seven NBA seasons in Portland. The 16-year veteran will be playing for his native France in the Paris Olympics later this month.
Celtics’ Ownership Group To Put Team Up For Sale
12:37pm: The Celtics confirmed in a press release that the majority ownership group plans to sell of its shares in the team (Twitter link via Chris Forsberg of NBC Sports Boston).
“The controlling family of the ownership group, after considerable thought and internal discussion, has decided to sell the team for estate and family planning considerations. The managing board of the ownership group expects to sell a majority interest in 2024 or early 2025, with the balance closing in 2028, and expects Wyc Grousbeck to remain as the Governor of the team until the second closing in 2028.”
12:13pm: On the heels of their record-setting 18th NBA championship, the Celtics will be hitting the market, according to ESPN’s Adrian Wojnarowski of ESPN (Twitter link). Sources tell Wojnarowski that the team’s majority ownership group, led by Wyc Grousbeck, intends to make the franchise available for sale.
Grousbeck has been the team’s Governor since his Boston Basketball Partners group purchased the Celtics for $360MM back in 2002. Boston has won two NBA titles under his stewardship, in 2008 and just a few weeks ago.
A source tells Adam Himmelsbach of The Boston Globe that while Grousbeck is selling his stake in the Celtics, other minority shareholders are expected to remain invested in the team (Twitter link).
As ESPN’s Bobby Marks tweets, the Celtics could be the most expensive team in NBA history in 2025/26, when a potential super-max extension for Jayson Tatum kicks in. Grousbeck will be looking to sell his stake just as severe roster-building restrictions are implemented in the new CBA.
As of December, Sportico had the Celtics ranked as the fourth-most valuable franchise in the NBA, with a valuation of $5.12 billion. That figure seems likely to have risen in the past eight months, given the team’s on-court success.
Grousbeck, 63, is a Massachusetts native who has built his wealth through various investments over the past few decades. His father, Irving, is a billionaire who co-founded Continental Cablevision.
