Pistons Sign-And-Trade Dennis Schröder To Kings
July 7: The trade is official, according to a press release from the Kings.
In addition to receiving Schröder, Sacramento acquired the least favorable of the Bucks’, Knicks’, and Pistons’ 2029 second-round picks, per James Ham of The Kings Beat (Twitter link). Detroit generated a sizable trade exception and received the Hornets’ top-55 protected 2026 second-round pick.
July 2: Schröder will be sent to Sacramento via sign-and-trade, reports Omari Sankofa II of The Detroit Free Press (Twitter link).
Structuring the move that way will allow the Kings to take Schröder into their $16.8MM trade exception while preserving their full mid-level exception, and will let the Pistons either create a $14MM+ trade exception or expand the deal to take back a player earning up to nearly $23MM.
It’s not yet clear what the Kings will send to the Pistons as part of the deal, but it’ll likely be a minor asset. Although the two teams discussed Monk, as noted below, reporting on Tuesday indicated he wouldn’t be involved in this transaction.
July 1: The Kings are signing Dennis Schröder to a three-year contract worth $45MM, reports ESPN’s Shams Charania (Twitter link). The deal will be fully guaranteed through two years, with a partial guarantee on the third season, per Vincent Goodwill of Yahoo Sports (Twitter link).
Marc Stein and Jake Fischer reported a few hours before free agency opened that the German guard was expected to sign with Sacramento for the full non-taxpayer mid-level exception, while Fred Katz of The Athletic (Twitter link) said on Monday evening that Schröder would agree to a deal with Sacramento.
Those earlier reports pointed toward a two-year deal, but Schröder will get an extra year. It still could be a non-taxpayer MLE deal, which would be worth roughly $44.4MM over three years, though a sign-and-trade is a possibility — contracts signed via sign-and-trade must cover at least three seasons, which may explain the additional year.
There were rumors on Monday that Detroit and Sacramento were exploring a deal that would include Malik Monk. The Kings could also acquire Schröder via sign-and-trade using a sizable trade exception they created earlier this year. In that scenario, they wouldn’t have to send out any matching salary.
According to Goodwill, no sign-and-trade has been agreed to at this point, but that could change in the coming days.
After spending his first five NBA seasons in Atlanta, Schröder has bounced around the league over the past seven years, playing for eight different teams. That was particularly true of the 2024/25 campaign, when he was traded from Brooklyn to Golden State in December and then rerouted to Detroit before the February deadline.
Overall, the former first-round pick (No. 17 overall in 2013) played in 75 games last season, including 48 starts (28.1 minutes per contest), averaging 13.1 points, 5.4 assists and 2.6 rebounds on .406/.342/.838 shooting. He also had a strong playoff showing for the Pistons, averaging 12.5 PPG, 3.7 APG, 2.5 RPG and 1.2 SPG on .491/.476/.813 shooting in six games during the team’s first-round loss to New York (27.3 MPG).
Schröder, who turns 32 years old in September, will provide speed, ball-handling, and point-of-attack defense to a Kings team in need of point guard help after trading De’Aaron Fox to San Antonio in February. He marks the first significant free agent addition of the new front office, which is led by general manager Scott Perry.
Suns Notes: Booker, Green, Beal, Hayes-Davis
The Suns and Devin Booker are discussing a contract extension, according to NBA insider Chris Haynes, who notes (via Twitter) that the star guard will soon be eligible to add two years and $150MM onto his current deal.
Marc Stein and Brian Windhorst both reported last month that Phoenix was likely to offer Booker a maximum-salary extension once he’s eligible on July 6 and the 28-year-old was expected to accept it, so Haynes’ report doesn’t come as a surprise.
Here are few more notes and rumors out of Phoenix:
- Doug Haller of The Athletic spoke to a handful of Jalen Green‘s former coaches to get a better idea of how he and Booker will be able to coexist in the Suns’ backcourt. Green, a former No. 2 overall pick, will be sent to Phoenix from Houston as part of the Kevin Durant trade. “First off, they’re really good guys,” former Rockets head coach Stephen Silas said of Green and Booker. “They’re both selfless. They both want to win. They both have seen the goods and the bads and have a really good feel for team basketball and what it takes to help you get over the top and win. It remains to be seen, but I think when you start with the base that those two guys have, it could work.”
- Arizona Sports 98.7’s John Gambadoro has predicted that Phoenix will either trade or buyout Bradley Beal, who still has two years left on his maximum-salary contract, which features a full no-trade clause. While Beal would be open to certain trade scenarios, his preference is to stay with the Suns, as he doesn’t want to uproot his family or move away from them, a source close to the three-time All-Star tells Fred Katz of The Athletic.
- Katz also takes a look at why using the waive-and-stretch provision on Beal isn’t possible unless he gives up at least $13.8MM in a buyout and spoke to some NBA executives about what type of contract the veteran shooting guard might be able to get if he were a free agent (in the range of the non-taxpayer mid-level exception).
- Nigel Hayes-Davis‘ contract with Fenerbahce included a €1 million NBA buyout clause, notes Donatas Urbonas of BasketNews.com. The NBA’s “excluded international player payment amount” for 2025/26 is $875K, which means the Suns could pay up to that portion of Hayes-Davis’ buyout — the rest would come out of his NBA salary, unless Fenerbahce agrees to lower the amount of the buyout. The veteran forward agreed to a guaranteed one-year deal with Phoenix on Monday.
Luke Adams contributed to this article.
Bucks Trade Connaughton, Picks To Hornets For Micic
July 6: The Hornets have officially acquired Connaughton and the Bucks’ 2031 and 2032 second-round picks in exchange for Micic, the team confirmed today in a press release.
July 1: The Bucks have agreed to trade veteran forward Pat Connaughton and two second-round picks to the Hornets for guard Vasilije Micic, according to Shams Charania of ESPN (Twitter link).
The second-rounders heading to Charlotte will be Milwaukee’s own in 2031 and 2032, Charania adds.
As Yossi Gozlan of The Third Apron tweets, Micic ($8.1MM) only makes about $1.3MM less than Connaughton ($9.4MM) next season, but the Serbian has been repeatedly rumored to be seeking a return to Europe this summer, and could give up a significant portion of his salary in a buyout. Assuming that comes to fruition, it should give the Bucks enough cap room to sign Myles Turner after waiving and stretching Damian Lillard.
Connaughton, 32, was an important reserve for the Bucks when they won the title in 2021 and has been with the team for the past seven years. However, in part due to injuries, he hasn’t looked like the same player in recent years, having been out of Milwaukee’s rotation for much of 2024/25.
Connaughton averaged 5.2 points, 2.7 rebounds and 1.7 assists on .469/.321/.774 shooting in 41 regular season games last season (14.7 minutes per contest). He only played 14 minutes over three appearances during the Bucks’ first-round playoff series vs. Indiana, which Milwaukee lost in five games.
Charlotte will acquire a couple of second-round picks for taking on Connaughton’s expiring contract. The Hornets just reacquired Micic yesterday when the Mark Williams trade with Phoenix became official.
Kings Trading Valanciunas To Nuggets For Saric
The Kings have agreed to trade center Jonas Valanciunas to the Nuggets in exchange for forward/center Dario Saric, sources tell Shams Charania of ESPN (Twitter link).
Valanciunas will earn about $10.4MM in 2025/26, with a non-guaranteed $10MM salary for ’26/27. Saric is entering the final year of his contract, which will pay him approximately $5.4MM next season.
The Nuggets are able to take on Valanciunas’ higher salary due to the newfound roster-building flexibility they created as a result of the agreed upon trade that will send Michael Porter Jr. and a 2032 first-round pick to Brooklyn for Cameron Johnson.
Valanciunas spent his first six-plus NBA seasons with Toronto, the team that selected him No. 5 overall in the 2011 draft. He also played for Memphis and New Orleans prior to becoming a free agent last year.
The 33-year-old landed with the Wizards via sign-and-trade last summer, then was traded to Sacramento in February. The durable big man made 81 combined appearances last season, averaging 10.4 points, 7.7 rebounds and 2.0 assists in 18.8 minutes per contest.
While he’s a very limited defensive player, Valanciunas is a bruising low-post scorer and rebounder with a soft touch and should be a productive backup for three-time MVP Nikola Jokic.
As for the Kings, they were likely motivated to make the deal for financial reasons. As Yossi Gozlan of The Third Apron tweets, Sacramento will save about $5MM in the trade, which will give the team the flexibility to complete its reported deal with veteran guard Dennis Schröder without going into the tax.
Saric signed a two-year, $10.6MM deal with Denver last summer, but it didn’t work out the way either party had hoped. The 31-year-old only played in 16 games last season, averaging 3.5 PPG and 3.1 RPG in 13.1 MPG.
Bucks, Myles Turner Finalize Four-Year Deal
July 7: Turner is officially a Buck, per a press release from the team.
“We are thrilled that Myles chose our team and city!” general manager Jon Horst said in a statement. “He’s a winner and a dynamic player who fits us on both ends of the court. This is a big day for the Bucks and the Milwaukee community, and we are excited to welcome Myles and his family.”
July 1: Myles Turner is leaving Indiana after spending his entire 10-year career with the Pacers, according to Shams Charania of ESPN, who reports (via Twitter) that the veteran center has reached an agreement on a four-year, $107MM deal with the division-rival Bucks.
The contract will include a fourth-year player option and a 15% trade kicker, Charania adds.
According to Charania (Twitter links), Turner made it clear that he wanted to re-sign with the Pacers and tried to get a deal done with Indiana. However, ownership was reluctant to pay the luxury tax in 2025/26, particularly in the wake of Tyrese Haliburton‘s torn Achilles tendon.
Jake Fischer of The Stein Line also says (via Twitter) Turner wanted to remain with the Pacers, but hears they never offered him more than $60MM over three years.
Bucks GM Jon Horst worked with agent Austin Brown to secure Turner a nine-figure payday in a market with little cap space available, per Charania.
Turner’s floor-spacing and rim-protecting is somewhat similar to Brook Lopez, whom the Bucks lost to the Clippers in free agency. The big difference is Turner is 29, eight years younger than Lopez, and better fits Giannis Antetokounmpo‘s contention timeline.
Stunningly, the Bucks are waiving and stretching Damian Lillard — who also suffered a torn Achilles in the playoffs — to create the cap room necessary to sign Turner.
Turner helped the Pacers reach the NBA Finals for the second time in franchise history in 2024/25, pushing the heavily-favored Thunder to seven games before Haliburton’s untimely injury in the first quarter of the finale.
A former lottery pick (No. 11 overall in 2015), Turner averaged 15.6 points, 6.5 rebounds and 2.0 blocks on .481/.396/.773 shooting in 72 regular season games last season (30.2 MPG). In 23 playoff contests (29.3 MPG), Indiana’s longtime starting center averaged 13.8 PPG, 4.8 RPG and 2.0 BPG on .484/.344/.771 shooting.
This is just our speculation, but it’s possible that Indiana might pursue center Deandre Ayton in the wake of Turner’s departure. The Pacers are the team that signed him to a maximum-salary offer sheet three years ago and he’ll be a free agent soon after reaching a buyout with the Trail Blazers.
Pistons Add Caris LeVert On Two-Year Contract
July 8: LeVert has officially signed with the Pistons, according to a press release from the team (Twitter link).
June 30: The Pistons are signing free agent wing Caris LeVert to a two-year, $29MM contract, reports Shams Charania of ESPN (via Twitter).
It’s a straight two-year deal with no player or team option for the 2026/27 season, tweets Omari Sankofa II of The Detroit Free Press.
The signing could be completed using either the full mid-level exception or cap room, depending on whether the Pistons operate over or under the salary cap.
A nine-year veteran, LeVert split last season between Cleveland and Atlanta after the Cavaliers traded him to the Hawks in February as part of the De’Andre Hunter deal. He made 64 combined appearances in 2024/25, averaging 12.1 points, 3.4 assists and 3.2 rebounds on .467/.373/.710 shooting in 24.9 minutes per game.
LeVert, who played four years of college ball in Michigan with the Wolverines, will be 31 years old in late August.
In addition to his familiarity with Michigan, LeVert also played under Pistons head coach J.B. Bickerstaff for two-plus seasons while they were members of the Cavs.
Grant Afseth first reported that Detroit was viewed as the frontrunner to land LeVert, with The Stein Line later confirming the rumor. The Hawks are reportedly targeting Nickeil Alexander-Walker as their primary free agent addition, though it might take a sign-and-trade to land him.
LeVert will bring versatile offense and play-making to the Pistons and will likely come off the bench behind Cade Cunningham and Jaden Ivey. He could also slot in as a small forward in certain lineups.
The Pistons pivoted to signing LeVert in the wake of the Malik Beasley gambling allegations.
Mavericks Sign D’Angelo Russell To Two-Year Contract
July 6: Russell’s deal is official, according to the Mavericks (Twitter link).
June 30: The Mavericks are signing free agent guard D’Angelo Russell to a two-year contract, sources tell Shams Charania of ESPN (Twitter link). The second year will be a player option, Charania notes (via Twitter).
While Charania states that Russell’s deal is worth $13MM, veteran reporter Marc Stein hears (via Twitter) it’s just shy of $12MM.
ESPN’s Bobby Marks confirms (Twitter links) that Russell will be signed using the taxpayer mid-level exception, which will hard-cap the Mavs at the second tax apron. Dallas is about $1.6MM below the second apron, Marks adds.
Stein reported multiple times leading up to free agency that Dallas was the frontrunner to sign Russell to a two-year deal using the taxpayer version of the MLE. Assuming he received the full amount, he will earn $11,654,250 over the next two years.
Russell is a one-time All-Star who is taking a steep pay cut, having earned $18.7MM in 2024/25.
The second overall pick of the 2015 draft, Russell is coming off a down season in which he averaged 12.6 points, 5.1 assists, 2.8 rebounds and 1.0 steal in 58 combined appearances with the Lakers and Nets (25.5 minutes per game). 12.6 PPG and 25.5 MPG represented career lows for Russell, who also posted career-worst percentages from the field (39.0%) and from three-point range (31.4%).
While he is a talented scorer and play-maker who is capable of carrying an offense for stretches, Russell tends to be quite streaky and is a subpar defender. The 29-year-old will likely be the starting point guard for the Mavs until Kyrie Irving is able to return from the torn ACL he sustained in early March.
Grizzlies, Cam Spencer Agree To Two-Year Deal
The Grizzlies have agreed to a two-year, $4.5MM contract with guard Cam Spencer, sources tell Shams Charania of ESPN (Twitter link). The deal is fully guaranteed, Charania adds.
Memphis made Spencer a restricted free agent on Sunday by tendering him a qualifying offer. He spent 2024/25 — his rookie season — on a two-way contract with Memphis.
It’s likely that Spencer will sign a minimum-salary contract, which would be worth approximately $4.46MM over the next two seasons.
The 53rd pick of the 2024 draft after winning a national championship with UConn, Spencer appeared in 25 games with the Grizzlies last season, averaging 4.2 points, 1.2 rebounds and 1.4 assists in 10.1 minutes per contest. His shooting line was .415/.365/1.000.
The 25-year-old combo guard had a much bigger role in his eight appearances (32.2 MPG) with the Memphis Hustle in ’24/25, averaging 23.5 PPG, 3.6 RPG, 3.5 APG and 1.2 SPG on .538/.493/.765 shooting.
Spencer will provide depth and outside shooting to the Grizzlies’ backcourt after they traded Desmond Bane to Orlando. They’re also reportedly renegotiating and extending Jaren Jackson Jr. and re-signing Santi Aldama.
Hornets, Josh Okogie Agree To New Salary Guarantee Date
The Hornets and Josh Okogie have agreed to push back the veteran wing’s early salary guarantee date to July 15, reports Michael Scotto of HoopsHype (via Twitter).
Today was the original deadline for Charlotte to determine whether or not to guarantee Okogie’s $7.75MM salary for 2025/26. Both sides have agreed to delay that date, giving the Hornets a little more financial flexibility with free agency just a few minutes away.
Okogie was incentivized to agree to the new date because he seems unlikely to receive that much money on the open market. If the Hornets decide to keep him around past July 15, his contract could be useful for salary-matching purposes.
The 20th pick of the 2018 draft, Okogie was traded from Phoenix to Charlotte in January. The 26-year-old guard/forward appeared in 40 games last season (15.6 minutes per contest), averaging 7.1 points, 2.8 rebounds and 1.2 steals on .448/.348/.741 shooting.
Knicks Among Teams With Interest In Russell Westbrook
The Knicks are a possible suitor for Russell Westbrook with free agency drawing near, report Marc Stein and Jake Fischer of The Stein Line (Substack link).
The Kings are also rumored to be interested in the three-time scoring champion, the authors note, and a potential reunion with the Nuggets remains in play.
Westbrook, who played a significant role with Denver this past season, is currently recovering from a procedure to repair multiple ligament tears in his right hand. The 36-year-old opted out of his $3.47MM player option earlier this month, making him an unrestricted free agent.
New York is expected to kick the tires on Tyus Jones as well, The Stein Line duo confirm. Ian Begley of SNY.tv reported earlier today that Jones could be a target for the Knicks.
Generally speaking, the Knicks, Pelicans and Timberwolves are among an “ever-growing list” of teams looking to acquire veteran backcourt help, according to Stein and Fischer.