Mavericks Add Jazian Gortman On Exhibit 10 Deal
The Mavericks have signed free agent Jazian Gortman to an Exhibit 10 training camp deal, a league source tells Keith Smith of Spotrac (Twitter link). The move is official, per RealGM’s log of NBA transactions.
A 6’2″ guard, Gortman went undrafted in 2023 after playing for the YNG Dreamers in the Overtime Elite program. He signed an Exhibit 10 contract with the Bucks last summer and was waived before the 2023/24 season began.
The 21-year-old spent last season in the G League with the Wisconsin Herd (Milwaukee’s affiliate) and the Rip City Remix (Portland’s affiliate). In 41 combined games between the two clubs, he held fairly modest averages of 9.0 PPG, 2.3 RPG and 3.6 APG on .408/.308/.719 shooting in 18.4 MPG.
An Exhibit 10 contract is a non-guaranteed minimum-salary deal that doesn’t count against a team’s cap unless the player makes the regular season roster. It can be converted to a two-way contract before the season begins or can put a player in line to earn a bonus of up to $77.5K if he’s waived and then spends at least 60 days with his team’s G League affiliate.
Thompson Sees Mavs As Perfect Fit
- Klay Thompson said during his introductory press conference that the Mavericks are a perfect fit for him at this stage of his career, Eddie Sefko of Mavs.com relays. “Whether you play basketball or work in the corporate world, sometimes change can spur greatness and a new change of scenery can do wonders,” Thompson said. “And I’m very grateful for my time at Golden State. But I just felt like moving on could re-energize me and do something special for the rest of my career. … When I was watching the Mavs make a run for the championship, I just saw myself fitting in really well with this team. They looked like they had fun playing with each other and they played for each other. That was very attractive for me. That’s really all I needed to see.”
Mavericks Re-Sign Brandon Williams To Two-Way Contract
The Mavericks have re-signed point guard Brandon Williams to a two-way contract, the team announced today in a press release.
Williams, 24, has been playing professionally since going undrafted in 2021, bouncing between the G League and the NBA during the past three seasons. He joined the Mavericks last December on a two-way deal and appeared in 17 regular season games for Dallas the rest of the way, averaging 3.2 points and 1.0 assist in 6.6 minutes per night.
In 19 outings at the G League level for the Osceola Magic and the Texas Legends in 2023/24, Williams averaged an impressive 25.3 points, 6.1 assists, and 4.9 rebounds in 34.9 minutes per game, posting a shooting line of .475/.345/.842.
The Mavericks issued Williams a two-way qualifying offer at the end of June, ensuring they’d have the right to match any offer he received from another team. Instead, he’s back under contract with Dallas on a new two-way deal, possibly having simply accepted that QO.
Dallas now has one available two-way slot, with Alex Fudge and Williams filling two of the three.
Team Canada Finalizes 2024 Olympic Roster
The Canadian national team has formally announced its 12-man roster for the Paris Olympics, making its final cuts ahead of Wednesday’s exhibition games against Team USA.
Team Canada’s 12-man squad is as follows:
- Shai Gilgeous-Alexander, G (Thunder)
- Jamal Murray, G (Nuggets)
- Nickeil Alexander-Walker, G (Timberwolves)
- Andrew Nembhard, G (Pacers)
- RJ Barrett, G/F (Raptors)
- Luguentz Dort, G/F (Thunder)
- Dillon Brooks, F (Rockets)
- Melvin Ejim, F (Unicaja)
- Trey Lyles, F (Kings)
- Kelly Olynyk, F/C (Raptors)
- Dwight Powell, F/C (Mavericks)
- Khem Birch, C (Girona)
While the group obviously isn’t as star-studded as the U.S. roster, it’s headed up by a 2024 MVP finalist (Gilgeous-Alexander) and a guard who was the second-best player on the 2023 NBA champions (Murray). In total, it features 10 active NBA players, and all of them played regular roles for their respective teams in 2023/24.
The only two non-NBA players are Birch, who spent six seasons in the league but now plays in Spain, and Ejim, a former Iowa State standout and a Team Canada veteran who has been a productive contributor for several teams in Europe since 2014.
Andrew Wiggins is among the notable names missing from Team Canada’s squad for Paris. He was on the original training camp roster but withdrew right before camp began due to what the Warriors referred to a mutual decision. Various reports, however, suggested that Golden State was the party driving that decision.
Grizzlies rookie Zach Edey also removed his name from the training camp roster in order to focus on Summer League and his first NBA season.
Trail Blazers guard Shaedon Sharpe and Pacers guard Bennedict Mathurin, both of whom were coming off injuries that ended their 2023/24 seasons, were among the players who attended training camp but weren’t in the mix for roster spots for the Paris Olympics. Timberwolves forward Leonard Miller was in that group too.
This will be the first time Canada has been in the men’s basketball event at the Olympics since 2000.
Western Notes: Morant, Klay, Wiggins, Barnes, Avdija
Grizzlies guard Ja Morant has been cleared for all basketball activities, according to Damichael Cole of The Memphis Commercial Appeal.
Morant, who missed the first 25 games of the 2023/24 season due to a suspension, returned to action in December and immediately provided a spark for the Grizzlies, who won six of nine games with the star point guard in the lineup. However, a labral tear in Morant’s right shoulder ended his season after those nine games. He has been recovering from surgery in the months since then.
The Grizzlies were one of the NBA’s most injury-plagued teams in ’23/24, but head coach Taylor Jenkins told reporters back in April that only Morant projected to have a recovery timeline extending well into the offseason. With a fully healthy roster, there’s optimism in Memphis that the club can bounce back from a 27-55 year and look more like the club that went 107-57 over the previous two regular seasons.
We have more from around the Western Conference:
- Referring to his deal with the Mavericks as a “fresh start,” Klay Thompson told reporters on Tuesday that he’s optimistic about “kind of being rejuvenated” in Dallas, as Tim MacMahon of ESPN details. “Feeling just wanted again, like I bring great value, it just gets me excited to go out there and even work out after this press conference and get shots up,” Thompson said. “Yeah, there was times last year where it was tough, where it wasn’t as joyful as it was in the past. It’s nice to kind of shed that and have a whole new fresh start, whole new group of guys to get to know, co-workers, whole new city. It’s really cool, and I’m going to embrace the heck out of this opportunity.” In a story for The Athletic, Tim Cato takes a look at how Thompson will fit in on the Mavs’ roster.
- Aaron Wiggins‘ new five-year contract with the Thunder is worth $45MM, with $2MM in bonuses that could push it up to the initially reported total of $47MM, reports Michael Scotto of HoopsHype (Twitter link). The deal has a descending structure and includes a fifth-year team option, Scotto adds.
- New Spurs forward Harrison Barnes confirmed on Tuesday that he waived his $3.7MM trade kicker to facilitate his move to San Antonio, calling it a “pretty easy decision” and adding that he’s excited about playing for head coach Gregg Popovich, tweets Andrew Lopez of ESPN.
- New Trail Blazers forward Deni Avdija admitted on Monday that he was surprised to be traded by the Wizards, according to Sean Highkin of Rose Garden Report (Substack link). “I think they really love me,” Avdija said of his old team. “I’ve done a lot for that organization. It was just not the timeline, I guess.” Now that he has gotten past that initial surprise, the 23-year-old is “excited” about the new opportunity in front of him. “They’ve welcomed me very well, so it’s a good start,” he said. “I’m glad to be in a place where people embrace me and love me. I’m going to bring my competitiveness, and we’re going to have a lot of fun.”
Stephen Curry Talks About Losing Klay Thompson
Speaking to Kendra Andrews of ESPN, Stephen Curry speculated that the NBA’s new rules will make it difficult for another team to ever have long-term success like the Warriors.
Curry, Draymond Green and Klay Thompson won four titles together and formed the core of their team for more than a decade. With the introduction of an additional tax apron in the latest Collective Bargaining Agreement, the roster became too expensive and too restrictive to keep together and their partnership ended last week when Thompson reached an agreement with the Mavericks.
“I don’t think [it will be replicated] just because it’s very hard to keep things together in this league,” Curry said. “A lot more player movement. Me, Klay and Draymond, we complemented each other so well for so long. We all brought something different to the table, so we’ll see. Records are meant to be broken. Dynasties come all different shapes inside of us, so we’ll see.”
Curry told Andrews that he “desperately” wanted Thompson to return to the team. However, there have been indications for several months that he wouldn’t get the offer he wanted from Golden State and was planning to explore his options in free agency. Curry also said he understands that Thompson needs a fresh start after 13 years in the Bay Area and expressed hope that he can rediscover the joy he had earlier in his career.
“It’s something that I never imagined would be a reality, but we want him to be happy,” Curry said.
Known as the “Splash Brothers” for their exceptional shooting, Curry and Thompson will be remembered as one of the most successful backcourts in NBA history. They made six trips to the NBA Finals, with Curry twice earning league MVP honors and being named Finals MVP in 2022. Curry was a 10-time All-Star during their years together, while Thompson was selected to five All-Star games.
Warriors coach Steve Kerr also participated in the interview, saying it’s odd to have Thompson playing for another franchise. He added that the feeling won’t fully seem real until the Warriors gather for training camp.
“This has become a family over the years and people have watched us grow and stay together and succeed and fail,” Kerr said. “So Klay leaves, it’s like, yeah, it’s bizarre for us, it’s bizarre for everybody. [But] everybody is given a ton of freedom here and they have to do what’s in their heart. The best thing for Klay, he needed a change.”
The loss of Thompson is part of a roster overhaul as Golden State tries to create a younger team with a smaller tax bill while still getting the most out of the end of Curry’s career. Andrews notes that Kyle Anderson, De’Anthony Melton and Buddy Hield have all been brought in this summer, and larger roles are expected for Jonathan Kuminga, Moses Moody, Brandin Podziemski and Trayce Jackson-Davis.
“Being in one place for my own career, and it’s like a broken record, but I know it’s really hard to do that,” Curry said. “I want to be greedy and say we can be relevant and be in the mix and give ourselves a realistic chance to win while I’m still growing these gray hairs and doing high school visits in the Bay [Area] for my daughter. It’s crazy. [It’s] just the nature of where I’m at. But yes, all that to say I love the Bay and the Bay is home and I never want that to change.”
Contract Details: George, Martin, Wiseman, Isaac, Hield, More
Following the end of the July moratorium on Saturday, teams wasted no time in officially finalizing many of the contracts they’d agreed to up until that point.
Now that those contracts have been completed, we have the official details on many of them. Here, via several reporters – including Keith Smith of Spotrac, Michael Scotto of HoopsHype, and cap expert Yossi Gozlan – as well as our own sources, are some of those notable details:
Players with trade kickers:
Lakers forward LeBron James (15%), Knicks forward OG Anunoby (15%), Sixers forward Paul George (15%), Sixers forward Caleb Martin (15%), Mavericks sharpshooter Klay Thompson (15%), and Mavericks forward Naji Marshall (5%) received trade kickers on their new free agent deals, while Celtics guard Derrick White (15%) got one on his contract extension.
As an aside, James’ exact starting salary in 2024/25 is $48,728,845, which is $1,258,873 below the maximum he could have earned.
Players who waived their right to veto a trade:
A player who re-signs with his team on a one-year contract (or two-year contract with a second-year option) is typically awarded the right to veto a trade, but has the option to waive that option.
Heat center Thomas Bryant, Rockets guard Aaron Holiday, Raptors wing Garrett Temple, and Magic teammates Gary Harris and Moritz Wagner all surrendered their right to veto a trade in 2024/25 and could be moved freely.
Unlikely incentives:
Nets center Nic Claxton ($97MM base + $3MM incentives), Pacers forward Obi Toppin ($58MM +$2MM), Suns forward Royce O’Neale ($42MM +$2MM), and Sixers forward Martin ($35,040,704 + $5,256,106) are among the players whose contracts include unlikely bonuses that would boost the total guaranteed salary if those incentives are reached.
As cap expert Albert Nahmad observes, the structure of Martin’s contract helped the 76ers maximize their cap room, since his unlikely incentives don’t count toward the cap once he signs.
It wouldn’t surprise me if Martin’s “unlikely” incentives are easier to earn than a typical player’s incentives would be — I don’t expect them to be for making an All-Star team or anything like that. An incentive is considered unlikely for cap purposes if the player wouldn’t have met the criteria the year before. For example, as Nahmad suggests, a bonus related to Martin making 24 or more starts would be considered unlikely because he started 23 games last season. Martin’s bonuses – considered “unlikely” for cap purposes but perhaps “likely” to be earned in reality – could have served as a way to strengthen the Sixers’ offer without sacrificing that extra cap room.
It’s also worth noting that a player’s unlikely incentives can’t exceed 15% of his guaranteed base salary, and Martin’s $5,256,106 in incentives represent exactly 15% of his overall $35,040,704 salary.
Partial or non-guarantees and options:
James Wiseman‘s two-year, minimum-salary contract with the Pacers is guaranteed for $500K in year one, with a team option for 2025/26. That team option would be guaranteed for $569,041 if exercised (ie. the same percentage as his first-year salary).
Luka Garza got a similarly structured two-year, minimum-salary deal with the Timberwolves, except his first year is fully guaranteed prior to his second-year team option. That 2025/26 option would be guaranteed if picked up.
As previously reported, Isaiah Hartenstein‘s three-year, $87MM deal with the Thunder includes a team option for 2026/27. It’s worth $28.5MM, with $58.5MM in guaranteed money across the first two seasons.
Magic teammates Harris ($7.5MM) and Wagner ($11MM) each have second-year team options on their two-year deals.
The Rockets used their full bi-annual exception to give Holiday a two-year deal worth $9,569,400 that includes a second-year team option ($4,901,400).
Neemias Queta‘s three-year, minimum-salary contract with the Celtics is fully guaranteed in year one with a partial guarantee of exactly 50% ($1,174,789 of $2,349,578) in year two, plus a third-year team option for 2026/27. The third-year option ($2,667,944) would be guaranteed for 50% ($1,333,972) if exercised. Since his minimum deal covers more than two years, a team wouldn’t be able to acquire Queta via the minimum salary exception if he’s traded down the road.
Jonathan Isaac‘s new long-term deal with the Magic is partially guaranteed ($8MM of $14MM) in 2026/27, with non-guaranteed salaries of $14.5MM in 2027/28 and $15MM in 2028/29. However, each of those salaries would become fully guaranteed if Isaac plays at least 52 games in the prior season. For instance, if Isaac were to appear in 54 games in 2026/27, his $14.5MM salary for ’27/28 would be fully guaranteed.
Sign-and-trade contracts:
Interestingly, Kyle Anderson‘s and Buddy Hield‘s new contracts with the Warriors have the exact same salaries for the first three seasons: $8,780,488, $9,219,512, and $9,658,536. Anderson’s three-year deal is fully guaranteed for the first two years and non-guaranteed in year three.
As for Hield, his four-year contract is fully guaranteed for the first two years, with a partial guarantee of $3MM for year three. His fourth year is a $10,097,560 player option that would be partially guaranteed for $3,136,364 if exercised.
Klay Thompson’s three-year contract with the Mavericks comes in at exactly $50MM, as reported — it starts at $15,873,016 and features 5% annual raises.
Jonas Valanciunas‘ three-year contract with the Wizards is worth $30,295,000 in total, beginning at $9.9MM (which is the amount of the trade exception generated for the Pelicans). It’s fully guaranteed for the first two seasons and non-guaranteed in year three.
Cody Zeller got a three-year, $11,025,000 deal in the sign-and-trade that sent him from New Orleans to the Hawks. The first year is guaranteed for $3.5MM, with two non-guaranteed seasons after that.
Finally, as part of the Mikal Bridges trade, new Nets guard Shake Milton got a three-year, $9,162,405 contract that has a guaranteed first-year salary of $2,875,000, with two non-guaranteed years after that ($3MM in 2025/26 and $3,287,406 in ’26/27). His teammate Mamadi Diakite, who was also sent to Brooklyn in the trade, had his $2,273,252 salary partially guaranteed for $1,392,150.
Milton’s $2,875,000 salary, Diakite’s $1,392,150 partial guarantee, and Bojan Bogdanovic‘s $19,032,850 salary add up to $23.3MM, which is equivalent to Bridges’ salary — the exact amount of outgoing salary the Knicks needed to send to avoid being hard-capped at the first tax apron.
Klay Thompson Sign-And-Trade Completed As Six-Team Deal
The Mavericks announced on Saturday that they’ve acquired longtime Warriors sharpshooter Klay Thompson via sign-and-trade in the first six-team deal in NBA history (Twitter link).
“We’re thrilled to have Klay join us in Dallas,” Mavericks president of basketball operations Nico Harrison said in a statement. “As one of the league’s greatest shooters who competes on both ends, we feel Klay is a perfect fit for our team. He adds a strong, experienced veteran voice that will help us continue to build on the success we’ve seen in recent years. Klay’s championship experience, clutch performances and calm demeanor under pressure exemplify what it takes to win in the NBA at the highest level. He will help us continue to grow towards our goal of winning another championship.”
The Hornets, Timberwolves, Sixers, and Nuggets are also involved in the trade, with separate agreements involving Kyle Anderson (Minnesota to Golden State), Buddy Hield (Philadelphia to Golden State), and Reggie Jackson (Denver to Charlotte) all folded into a single mega-deal.
As best we can tell, the terms are as follows:
- Mavericks acquire Thompson (sign-and-trade) and a 2025 second-round pick.
- Warriors acquire Anderson (sign-and-trade) and Hield (sign-and-trade).
- Hornets acquire Josh Green, Jackson, the Nuggets’ 2029 second-round pick, and the Nuggets’ 2030 second-round pick.
- Timberwolves acquire a 2025 second-round pick, a 2031 second-round pick swap (from Warriors), and cash (from Warriors).
- Sixers acquire the Mavericks’ 2031 second-round pick.
- Nuggets acquire cash (from Hornets).
There’s at least one minor adjustment from the original agreements. Because the Warriors benefit most from turning multiple deals into a single trade (they can use Thompson’s outgoing salary to salary-match for both Anderson and Hield, allowing them to give the two players a higher combined salary than what Thompson’s will make), they’re no longer receiving a second-round pick from the Hornets. It appears that pick is being rerouted to the Wolves, who needed to send or receive an asset from another team besides Golden State.
We don’t yet know the exact details of the 2025 second-rounders being acquired by Dallas and Minnesota, but it looks like one of them is the 2025 Nuggets pick that Charlotte initially agreed to acquire as part of the Jackson trade and one of them is the 2025 Sixers pick that Charlotte already controlled. The Hornets were always going to send out two second-round picks for Green — they’re just going to Dallas and Minnesota now, instead of Dallas and Golden State.
There may be more moving pieces here though, since none of the announcements from the six teams involved have shared the full details, so we’ll keep an eye out for updates.
For more details on all these trades, be sure to check out our original stories:
Mavs Trade Hardaway, Second-Round Picks To Pistons For Grimes
JULY 6: The Mavericks and Pistons have issued press releases confirming that their trade is official and that the details reported below are accurate.
JUNE 28: The Mavericks and Pistons are in agreement on a trade that will send veteran wing Tim Hardaway Jr. and three second-round picks to Detroit in exchange for swingman Quentin Grimes, reports Adrian Wojnarowski of ESPN (Twitter link).
The three draft assets will be Toronto’s 2025 second-round pick and a pair of 2028 second-rounders, Wojnarowski adds (via Twitter). Dallas has previously traded away its own 2028 second-rounder, but controls Miami’s pick and the least favorable of the Clippers’ and Hornets’ selections for that year, so those figure to be the ones headed to the Pistons.
This deal was first mentioned as a possibility by Marc Stein on Tuesday.
By moving off of Hardaway’s $16.2MM expiring contract and taking back Grimes (who will make about $4.3MM next season), Dallas will create upwards of $15MM in breathing room below the first tax apron, tweets cap expert Yossi Gozlan, putting the club in a position to use the full non-taxpayer mid-level exception (projected to be worth about $12.9MM).
Besides creating financial flexibility, the Mavs will also receive an intriguing young three-and-D player in Grimes, who showed promise in 2022/23 by averaging 11.3 points, 3.2 rebounds, and 2.1 assists in 29.9 minutes per game (71 games), with a .468/.386/.796 shooting line. He saw his minutes cut back in New York last season, and a knee injury limited him to just six games after he was acquired by Detroit in February.
Grimes, who will be eligible for a rookie scale extension this offseason as he enters the final year of his rookie contract, also drew trade interest from the Heat and Hawks, per Michael Scotto of HoopsHype (Twitter link).
Meanwhile, new Pistons president of basketball operations Trajan Langdon had spoken openly about his club’s willingness to take on unwanted contracts if they’re attached to more valuable assets. While the previous front office regime appeared to be viewing Grimes as a potential keeper, Langdon clearly prioritized the draft picks he’ll receive in this swap.
Hardaway’s value as a player also shouldn’t be overlooked. He’s coming off a season in which he averaged 14.4 points, 3.2 rebounds, and 1.8 assists in 26.8 minutes per game across 79 appearances, with a shooting line of .402/.353/.852. After he played a limited role in the playoffs though, there had been a sense that his days with Dallas were numbered.
It’s unclear if the Pistons intend to hang onto Hardaway heading into the 2024/25 season, but the team reportedly has had interest in adding veterans and shooting this summer, making THJ a potential fit. He’s a career 36.0% three-point shooter.
Scotto’s Latest: Beasley, Hield, Nuggets, Martin, Pelicans, Mavs, Cavs
Coming off a season in which he made a career-high 41.3% of his three-point attempts, free agent swingman Malik Beasley was considered the Mavericks‘ Plan B for outside shooting help if they were unable to land Klay Thompson, reports Michael Scotto of HoopsHype.
With Dallas no longer in the mix for Beasley, the 27-year-old sharpshooter is receiving interest from the Pelicans, who like the idea of having him stretching the floor alongside Zion Williamson, league sources tell Scotto.
Meanwhile, the Pistons “flirted” with potentially offering Buddy Hield a one-year contract and have considered doing the same for Beasley, Scotto writes, but for now Detroit wants to keep its salary cap space open for trade purposes, since the team is well positioned to take on an unwanted contract or two and receive draft assets for its trouble.
Here’s more from Scotto:
- The Nuggets and Heat were among the teams to express interest in Hield before he agreed to join the Warriors, per Scotto. However, neither team could realistically match the $8.7MM starting salary Hield got from Golden State. Denver is shopping in free agency with its $5.2MM taxpayer mid-level exception in the hopes of adding a player who can help fill the Kentavious Caldwell-Pope-sized hole in the team’s rotation, Scotto notes.
- When he declined his $7.1MM player option with Miami, Caleb Martin was hoping for a deal worth at least the full mid-level exception ($12.9MM) and possibly more than that, sources tell HoopsHype, but nothing has materialized so far. The Sixers are among the teams with interest in Martin, but his asking price would have to drop for that to be realistic, according to Scotto.
- While the Pelicans continue to peruse the trade market for centers – with Wendell Carter of the Magic among the targets on their radar – veteran big man Daniel Theis has been linked to New Orleans as a possible cheaper option in free agency, Scotto writes.
- The Mavericks, in the market for one more guard, have considered a possible reunion with Spencer Dinwiddie or Dennis Smith Jr., according to Scotto, who hears that Malachi Flynn is another playing Dallas is considering if Dinwiddie and Smith end up elsewhere.
- Johnnie Bryant (Knicks), Jared Dudley (Mavericks), and Trevor Hendry (Nets) are among the coaches the Cavaliers are eyeing as possible assistants for Kenny Atkinson‘s staff, Scotto reports. Bryant was close with Donovan Mitchell from their days in Utah together, while Dudley and Hendry were with Atkinson in Brooklyn (Dudley as a player, Hendry as a staffer).