Pelicans Notes: McCollum, Nance Jr., Zion, Graham
It sounds like the Pelicans might be interested in extending the contracts of a couple of mid-season additions. Speaking on his latest Hoop Collective podcast (hat tip to RealGM), ESPN’s Brian Windhorst said he’s heard that New Orleans is interested in coming to agreements with CJ McCollum and Larry Nance Jr., who were both acquired from Portland in February prior to the trade deadline.
“It sounds like CJ McCollum is having some contract extension talks with the Pelicans,” said Windhorst. “I’m not sure when he can actually sign that. I know he signed his last contract extension in 2019.”
“I believe it is next month when they can start talking about that,” said ESPN’s Andrew Lopez. “I know it’s before the season…”
“Maybe they haven’t ‘talked’, but I heard they ‘talked’, don’t tell anybody,” Windhorst replied in a hushed voice.
“I think the Pelicans are also interested in extending Larry Nance’s contract,” Windhorst added. “We’ll see if that gets done.”
McCollum, who turns 31 in September, is under contract for the next two seasons at a combined $69.13MM, while Nance, who turns 30 in January, has one year left on his deal at $9.67MM.
Here’s more from New Orleans:
- Zion Williamson offically signed his five-year, designated rookie max extension on Wednesday. At the press conference to announce the deal, he said he’s determined to show the world that he’s a winning player, Lopez relays in a story for ESPN.com. “I want to prove that I’m a winner,” Williamson said. “It’s as simple as that. I want to win with coach. As well as with my teammates. The ultimate goal is to win the championship. I feel like that’s what we’re all striving for. Like Griff (executive VP of basketball operations David Griffin) said, we’re hungry. Y’all saw this past year what the team did and I’m just excited to add to that.”
- With Williamson locked in for the next six years, the Pelicans could be ‘scary’ for the rest of the NBA, according to Christian Clark of NOLA.com. “Now it’s going to take work to get there,” head coach Willie Green said at Williamson’s press conference. “What groups play well together? How can we take advantage of different mismatches? How can we put all of our guys on the floor and give them an opportunity to be successful? That takes work. But it all comes together at some point throughout the course of the season, and when it does I think we can be a scary team.” Adding Williamson to a group that made an impressive turnaround to reach the postseason after a miserable start will certainly make the Pelicans an interesting team to follow in 2022/23.
- Guard Devonte’ Graham, whom the Pelicans acquired in a sign-and-trade last summer, was arrested for driving while impaired on Thursday morning, Clark writes in a separate piece for NOLA.com. The incident occurred in Raleigh, North Carolina, Graham’s hometown. The 27-year-old averaged 11.9 PPG, 2.3 RPG and 4.2 APG on .363/.341/.843 in 76 games (63 starts, 28.3 MPG) with New Orleans last season. He was limited to just 10 MPG in the team’s first-round playoff loss to Phoenix. Graham is under contract through ’24/25 for a total of $36.3MM, but the final year is only partially guaranteed at $2.85MM, making the guaranteed portion of his deal $26.5MM.
Celtics Notes: Bryant, Trade Exception, Tax, Horford, Davison
The Celtics had an open offer out to Thomas Bryant to fill the backup center spot in the rotation, team sources tell Jared Weiss of The Athletic, but Bryant opted to join the Lakers on a one-year, minimum-salary deal because he has a chance to become the starting center. Other teams that were interested in Bryant’s services included the Raptors, Bucks and Jazz, according to Chris Haynes of Yahoo Sports, who reported that Bryant was signing with Los Angeles.
Weiss writes that Bryant was taking a wait-and-see approach to how the Kevin Durant situation might play out in case another opportunity arose, but he decided to accept the Lakers’ offer before it disappeared. As Weiss relays, with Bryant off the board and the free agent center options either aging or relatively unproven, it remains to be seen which player Celtics president of basketball operations Brad Stevens might find to fill the backup role.
Here are a few more notes from Weiss about Boston’s plans for the rest of the roster:
- The Celtics are still considering ways to use the $17,142,857 traded player exception (created by the Evan Fournier sign-and-trade to New York last summer) that expires on July 18, as our tracker shows. However, Weiss reports that the team is unlikely to use it on a high-salary player due to luxury tax concerns. According to Danny Leroux of The Athletic, Boston is $20.2MM over the tax line with 12 players on the standard roster, which amounts to a $45.8MM tax bill. If the team used the full $17.1MM trade exception, that bill would nearly triple, per The Athletic.
- The backup center spot will be important for next season because the Celtics plan to limit Al Horford‘s minutes in the regular season, including sitting out “most” back-to-backs, team sources tell Weiss. Horford turned 36 last month and appeared in 92 games last season (regular season and postseason combined), so ensuring that he’s as spry as he was in the playoffs in 2021/22 is certainly a logical move for a team that hopes to compete for a title again next season.
- JD Davison, whom the Celtics selected 53rd in the draft a couple of weeks ago, will sign a two-way deal with Boston, but sources tell Weiss that Davison will be given the opportunity to earn a standard roster spot over the coming months. Brodric Thomas, who was on a two-way contract with the Celtics last season and is currently a restricted free agent, will also be given a chance to win one of the final roster spots, according to Weiss.
Suns’ Devin Booker Signs Four-Year Super-Max Extension
JULY 6: Booker has officially signed his contract extension with the Suns, according to NBA.com’s transactions log. Booker confirmed as much, tweeting, “Signed sealed delivered.”
JUNE 30: Devin Booker is set to sign a four-year, super-max extension with the Suns as early as next week, sources tell Shams Charania of The Athletic and Stadium (Twitter link).
The 13th pick of the 2015 draft, Booker has spend his entire seven-year career with Phoenix. He’s been an All-Star each of the past three seasons, but more importantly, at least from a financial perspective, Booker was named to the All-NBA First Team last season, which made him eligible for the super-max, also known as the Designated Veteran Extension.
The 25-year-old is still under contract for a total of $69.83MM through 2023/24, so his extension won’t kick in until ’24/25. The deal will tentatively be worth $214MM from 2024-28, per Charania.
Booker led the Suns to a 64-18 regular season record last season, the best mark in the NBA by a full eight games. However, the team fell to the Mavericks in the second-round of the playoffs, losing in embarrassing fashion at home in Game 7.
Despite the disappointing ending, in many other ways it was a resounding success for both Booker and the Suns, who set a franchise record for wins. Booker averaged 26.8 PPG, 5.0 RPG, 4.8 APG and 1.1 SPG on .466/.383/.868 shooting in 68 regular season games (34.5 MPG) while showing improved defense.
Booker has also been an impressive postseason performer over the past couple seasons, helping lead the team to the Finals in ’20/21. He’s averaged a combined 26.1 PPG, 5.4 RPG and 4.5 APG on .448/.356/.900 shooting in 32 career playoff games (39.2 MPG).
Heat Re-Sign Caleb Martin To Three-Year Deal
9:25pm: The Heat have officially re-signed Martin, the team announced in a press release.
“Caleb is a multi-position player with tremendous energy that had a career year with us,” Heat president Pat Riley said in a statement. “He works hard and deserves this as much as any young player in the league. We are extremely happy he has decided to come back.”
11:26am: One of the NBA’s top remaining restricted free agents is coming off the board, according to Anthony Chiang, who reports (via Twitter) that the Heat and forward Caleb Martin are in agreement on a three-year contract worth “about” $20.5MM.
The Heat only held Martin’s Non-Bird rights entering this offseason, limiting their ability to offer him much of a raise after he finished the 2021/22 season on a minimum-salary contract. The terms reported by Chiang indicate that Miami will use the taxpayer portion of its mid-level exception to re-sign Martin and ensure that he gets a substantial pay bump.
As our breakdown of this season’s MLE values shows, a three-year deal worth the full taxpayer mid-level exception would top out at about $20.4MM. Martin’s deal will be fully guaranteed, sources tell Chiang (Twitter link).
Martin emerged as an important piece off the bench in Miami this past season, averaging 9.2 PPG and 3.8 RPG on .507/.413/.763 shooting in 60 games (22.9 MPG), which earned him a promotion from his two-way contract. He opted to just have his two-way deal converted into a rest-of-season contract rather than negotiating a multiyear deal, perhaps recognizing that he’d have a better chance of securing a raise in the offseason than he would have in February.
It turned out to be shrewd move by Martin and his representatives, as the $20.4MM in guaranteed money dwarfs his career earnings to this point. With P.J. Tucker‘s departure to Philadelphia, the 26-year-old Martin could be in line for a bigger role with the Heat in 2022/23.
As John Hollinger of The Athletic observes (via Twitter), signing Martin at the taxpayer mid-level exception likely means Miami will fill out the remainder of its roster with minimum-salary players in order to stay below the tax apron and maintain financial flexibility.
Trail Blazers Sign Anfernee Simons To Four-Year Contract
JULY 6: Simons’ new deal is now official, the Trail Blazers confirmed in a press release.
“Anfernee is already one of the league’s top shooters and this past season he showed elite ability as a shot creator and distributor,” GM Joe Cronin said as part of a larger statement. “We are excited for him to continue the growth he has shown in his first four seasons in Portland.”
The team announced its new deal with center Jusuf Nurkic within the same release.
JUNE 30: The Trail Blazers and restricted free agent guard Anfernee Simons have agreed to a four-year contract worth $100MM, agent Bill Duffy tells Adrian Wojnarowski of ESPN (Twitter link).
Reports leading up to free agency suggested Simons would likely be in line for a deal worth $80MM over four years, so it appears he did better than anticipated. It’s also possible that $100MM is the max Simons could earn on the new contract after incentives and the base value is lower.
Simons, who turned 23 earlier this month, had a breakout fourth season with Portland, posting career-highs in points (17.3), rebounds (2.6) and assists (3.9) in 57 games (30 starts, 29.5 minutes per night). He also had a very respectable .443/.405/.888 shooting line, good for a 58.3 true shooting percentage.
While Simons certainly earned a significant raise on the $3.9MM he made last season, there are some questions about how he might fit next to another ball dominant player like fellow guard Damian Lillard. Simons’ emergence came on the heels of injuries to Lillard and CJ McCollum, who was later traded to New Orleans.
For example, Simons averaged 12.1 points, 2.4 rebounds and 2.0 assists on .426/.385/.935 shooting (55.1% true) in 27 games (24.1 minutes) as a reserve in 2021/22, versus 22 points, 2.8 rebounds and 5.5 assists on .452/.415/.871 shooting (60% true) in 30 games (34.3 minutes) as a starter. He functioned as the primary ball-handler while starting and thrived in the role.
Simons is an excellent athlete, but he’s not very strong and has been a poor defender to this point in his career. Still, he’s young and could improve with time.
Luguentz Dort Re-Signs With Thunder On Five-Year Deal
JULY 6: Dort’s new deal with the Thunder is now official, the team announced in a press release.
JUNE 30: The Thunder are re-signing restricted free agent Luguentz Dort to a five-year, $87.5MM contract, Dort’s agent Thad Foucher tells ESPN’s Adrian Wojnarowski (Twitter link).
The barrel-chested Dort, who turned 23 in April, has showed continuous improvement after going undrafted out of Arizona State in 2019. He averaged 6.8 PPG and 2.3 RPG on .394/.297/.792 shooting in 36 games (22.8 MPG) as a rookie, with those averages increasing to 14 PPG and 3.6 RPG on .387/.343/.744 shooting in 2020/21 (52 games, 29.7 MPG).
Dort averaged 17.2 PPG and 4.2 RPG on .404/.332/.843 shooting in 51 games (32.6 MPG) last season. His shooting numbers seem fairly mediocre, but the majority of Dort’s shots come from three or at the rim, and he gets to the line a good amount, so his 54.1% true shooting percentage is actually decent.
Dort’s hallmark comes on the defensive end of the court, where his strength, toughness and versatility really shine. He’s an excellent athlete with a strong frame (6’3″, 215 pounds) and is capable of switching across multiple positions.
A report last week indicated that Oklahoma City would pick up Dort’s team option for ’22/23, which would have made him an unrestricted free agent in 2023, but clearly they had a change of heart after examining the amount of salary cap space rival teams will have next summer. Instead the Thunder chose to decline the option, making him a restricted free agent.
The modern NBA is dominated by wings capable of playing both sides of the ball, so his contract aligns with the value teams place on players of his mold. Considering his trajectory and the fact that he’s only entering his fourth season, there’s a good chance that it will be a very reasonable deal for both sides for years to come.
Nuggets Acquire Ismael Kamagate From Blazers
JULY 6: The trade between Denver and Portland is now official, the Blazers announced in a press release.
The Nuggets received the draft rights to Kamagate, while the Blazers will receive either the Timberwolves’ or Hornets’ second-round pick (whichever is more favorable).
JUNE 23: The Nuggets are acquiring French center Ismael Kamagate, the 46th pick of the 2022 NBA draft, from the Trail Blazers in exchange for a 2024 second-round pick, sources tell Mike Singer of The Denver Post (All Twitter links). Portland acquired the 46th pick from Detroit as part of the impending Jerami Grant trade.
In 34 appearances (27.1 MPG) for Paris Basketball of France’s LNB Pro A league (first division) this season, Kamagate averaged 11.3 PPG, 6.3 RPG and 1.6 BPG while shooting 64.3% from the floor and 65.4% from the free throw line.
According to Mike Schmitz, who used to work for ESPN but was recently hired as an assistant GM by the Blazers, the 6’11” big man has an impressive physical profile but is considered more of a long-term project than a player who’s ready for immediate action in the NBA. Kamagate is a strong inside finisher and a skilled offensive talent, per Schmitz, but he’s not a great rebounder and is a pretty poor defender at this point.
Based on Schmitz’ scouting report, Kamagate might be a draft-and-stash candidate for a Denver team that hopes to contend for a title next season.
New York Notes: Nets Assistants, Grimes, Hartenstein, Brunson
The Nets have added Igor Kokoškov, Adam Caporn and Trevor Hendry as assistant coaches on Steve Nash‘s staff, per a team press release.
Kokoškov has extensive NBA experience, having served as an assistant coach for 20 years with the Clippers, Pistons, Suns, Cavs, Magic, Jazz, Kings, and most recently with the Mavericks last season. He was the head coach of the Suns for one season, in 2018/19.
In addition to his NBA coaching jobs, Kokoškov has also led the Georgian, Slovenian and Serbian national teams. He was the head coach of Turkish club Fenerbahçe in ’20/21. Marc Stein reported last month that Kokoškov was expected to join Brooklyn.
Caporn was the head coach of Brooklyn’s G League affiliate, the Long Island Nets, last season. A native of Australia, Caporn played college ball at Saint Mary’s before joining the NBL for six seasons as a pro. He has extensive experience in player development and is currently an assistant with the Australian national team, helping the Boomers win a bronze medal at the Tokyo Olympics last summer.
Hendry has been the Nets’ head video coordinator for the past four seasons. He’s been with the organization since 2014, serving in a variety of roles in the basketball operations department prior to becoming video coordinator.
Here’s more from New York:
- Knicks guard Quentin Grimes has a simple goal for Las Vegas Summer League, writes Zach Braziller of The New York Post. “Really come out here and dominate,” Grimes said after the team’s first practice at Cox Pavillion. “I feel like I played well last year. Just coming in this year being a second-year guy, I know what to expect, I know how the games are. Just go out there and try to dominate every time offensively and defensively.” The 25th pick of the 2021 draft, Grimes averaged 6 PPG and 2 RPG while shooting 38.1% from three-point range and playing solid defense in 46 games (17.1 MPG) as a rookie last season. Grimes dealt with a dislocated knee cap towards the end of last season, but he says he’s fully healthy now, per Braziller.
- Fred Katz and Law Murray of The Athletic take a look at what the Knicks can expect from center Isaiah Hartenstein, who agreed to a two-year, $16.7MM deal with New York in free agency. A strong passer and play-maker, Hartenstein could unlock easy baskets for players like Grimes, Immanuel Quickley, Evan Fournier and RJ Barrett, according to Murray, who says Hartenstein was underutilized offensively by the Clippers last season. Although he isn’t the most athletic player, Murray notes that Hartenstein rotates well on defense and uses his length to effectively defend the paint. Hartenstein posted impressive per-36 averages of 1.5 steals and 2.3 blocks per game last season.
- Signing Jalen Brunson is a make-or-break move for Leon Rose‘s tenure as president of basketball operations, argues Ian Begley of SNY.tv. Begley details Rose’s 2021 offseason moves, which were considered low-risk at the time, yet the Knicks were forced to package various draft assets to move off the salaries of Kemba Walker, Nerlens Noel and Alec Burks in order to create cap space to sign Brunson. Sources tell Begley that one rival team was willing to trade a second-rounder to acquire Burks, but the Knicks ended up giving away two second-round picks and $6MM to Detroit to move Burks and Noel. Rose’s CAA connections haven’t led to sustained success to this point, per Begley, and signing Brunson needs to work out considering all the assets the Knicks gave up.
- Part of the reason Brunson decided to sign with the Knicks is because he thought he’d have a better chance at becoming an All-Star in the East than the West, Marc Stein writes in his latest article for Substack. As Stein relays, Brunson is the first player in league history to receive a nine-figure contract from a new club without making an All-Star team, per ESPN Stats & Info (Twitter link).
Wizards, Bradley Beal Complete Five-Year Max Deal
JULY 6: The Wizards have officially announced Beal’s new contract, putting out a press release to confirm the deal.
“I have been blessed to call the city of Washington my home and the Wizards organization and our fans my family for the last 10 years, growing as a player, a leader, a husband and a father along the way,” Beal said in a statement. “Today represents such a special moment in my life.
“I could not be more grateful to have the opportunity to continue to partner with (Wizards owner) Ted (Leonsis), (president of basketball operations) Tommy (Sheppard), (head coach) Wes (Unseld Jr.) and the entire organization in moving forward to achieve our dream of bringing championships to D.C. and, just as importantly, to help our community continue to accomplish amazing things together.”
JUNE 30: The Wizards and Bradley Beal have agreed to a five-year, maximum-salary contract that will keep the star guard in D.C., agent Mark Bartelstein tells Adrian Wojnarowski of ESPN (Twitter link).
Beal’s new contract will pay him a $251,019,650 over the five years. The most a rival team could have offered would have been $186,100,778 over four years.
Beal declined his $36.4MM player option for 2022/23 in order to become an unrestricted free agent and maximize his earnings. He indicated in both March and May that he was leaning toward re-signing with the Wizards, so the news is expected.
The 29-year-old missed the final 33 games of the season because of an injured left wrist. He recently said the recovery process is going well and estimates that 80-90% of his range of motion has returned.
A three-time All-Star, Beal has been the subject of trade rumors for years but has remained loyal to Washington. Now that loyalty has paid off in a major way. He’ll get a chance to play a full season with Kristaps Porzingis, who was acquired at the February trade deadline, for the first time next season.
Beal finished second in the NBA in scoring in both ’19/20 and ’20/21, averaging more than 30 PPG in each season, but slumped a bit last year by his lofty standards, averaging 23.2, 4.7 RPG and 6.6 APG in 40 games (36 MPG). One potentially alarming statistic is that Beal’s three-point percentage has declined each of the past three seasons, with a career-low 30% in ’21/22, although his 6.6 assists per game represented a career-high.
Beal’s contract will pay him through his age 33 season, at which point he’ll become a free agent. Given his mediocre defense, it’s fair to question whether he’s worth more than $57MM in ’26/27, but there was never any doubt that he’d receive a max contract this summer.
Central Notes: Cavaliers, Sexton, Bulls, Pacers, Stephenson
The Cavaliers were decisive and intentional in the areas they wanted to address in free agency, writes Chris Fedor of Cleveland.com (subscriber link). As Fedor previously outlined, bringing back Ricky Rubio was always the top priority in early free agency, but because Rubio is expected to miss at least the first few months of next season while recovering from a torn ACL, the Cavs needed to bring in a second backup point guard to fill in for a while, which is why they agreed to a deal with Raul Neto.
Rubio has been rehabbing in Spain, but sources tell Fedor that the point guard is expected to travel to Cleveland shortly after his signing becomes official so his progress can be checked by team doctors. Adding two backups point guards instead of one creates a roster crunch for the Cavaliers, as after reaching a deal with backup center Robin Lopez, the team will have 15 players under contract with Collin Sexton still a restricted free agent.
Cleveland expects Rubio’s on-court impact could be limited in the first year of his deal, per Fedor, which is why the Cavs brought him back on a three-year contract, with the third year being partially guaranteed. A sign-and-trade with Indiana to free up a roster spot and money remains an option, according to Fedor, who points to Dylan Windler and Cedi Osman as players who could be on the move — if the Pacers are interested.
As for Sexton, sources tell Fedor that the Cavs are determined to stay below the luxury tax line — they’re currently about $15MM below — and view Sexton as worthy of a deal that would pay him in the low-to-mid teens annually. However, despite positive developments in recent negotiations, sources tell Fedor that Sexton wants “starting guard money with an annual salary that starts with a 2, not a 1.”
“He has no market,” an opposing executive told Cleveland.com.
Fedor says the negotiations might take a while, and Sexton accepting his $7.2MM qualifying offer in an attempt to rebuild his value and reach unrestricted free agency in 2023 is a real possibility. Sources also tell Fedor that Darius Garland‘s five-year max extension with the Cavaliers is a straight five-year deal with no player option in the fifth season.
Here’s more from the Central Division:
- Zach LaVine outperformed his previous two contracts (rookie contract and then a four-year, $78MM deal that he just completed), but his new five-year max deal with the Bulls will be measured by the team’s postseason performance, not his individual statistics, according to Darnell Mayberry of The Athletic.
- In a couple of stories for NBC Sports Chicago, Rob Schaefer explores how impending free agent acquisitions Andre Drummond and Goran Dragic can help the Bulls. Schaefer notes that Drummond isn’t an All-Star-caliber player anymore, but he should still be a marginal upgrade over last season’s backup centers, especially on the boards. As for Dragic, Schaefer views the veteran guard as a low-risk insurance policy for Lonzo Ball, since Dragic is signed to a minimum contract.
- Don’t expect Lance Stephenson to re-sign with the Pacers anytime soon, per Scott Agness of Fieldhouse Files (Twitter link). Once Indiana’s trade with Boston is complete, the Pacers will have 19 players under contract for next season, so they’ll have to figure out how to trim the roster before anything happens with Stephenson — assuming they want him back.