Nuggets Rumors

Western Notes: Markkanen, Warriors, Podziemski, Strawther, Holmes, Clippers

After sharing some reporting on Monday about the trade talks between the Warriors and Jazz concerning star forward Lauri Markkanen, Shams Charania of The Athletic appeared on SiriusXM NBA Radio later in the day to provide some additional insight into where things stand between the two Western Conference clubs.

“I don’t think (the Jazz) want to move Lauri Markkanen,” Charania said (Twitter video link; hat tip to Ali Thanawalla of NBC Sports Bay Area). “But if the Golden State Warriors put in a Brandin Podziemski and – from what I’m told – three first-round picks, three or four unprotected pick swaps, three or four second-round picks…”

Asked at that point if Jonathan Kuminga is a player the Jazz are seriously pursuing in their discussions with the Warriors, Charania’s downplayed the forward’s importance in getting a deal done, suggesting that Kuminga – who is eligible for a rookie scale extension this offseason – isn’t as high a priority for Utah as Podziemski is.

“From everything I’ve been told, the Jazz are more focused on Brandin Podziemski and his inclusion in the deal (and) all the picks being in the deal,” Charania said. “And I think from the Warriors’ perspective, (if) it’s Podziemski, then there’s not all the picks, and if it’s all the picks, then there’s not going to be a Podziemski.

“… Both sides are kind of entrenched right now at where they’re at. (I’m not) saying nothing is going to change. Only time will tell. But I think the Jazz are very comfortable with extending Lauri Markkanen, and at that point you’ll see more suitors potentially as well in on him — not just teams that feel like, ‘OK, we’ll be able to re-sign him.”

As we’ve previously outlined, Markkanen becomes eligible on August 6 for a renegotiation and extension. If the Jazz extend him on that day, he would become trade-eligible on February 6 – the day of the 2025 trade deadline – whereas if he were to sign an extension on August 7 or later, he would be ineligible to be dealt until the 2025 offseason.

Here’s more from around the West:

  • Tim Kawakami of The Athletic takes a look at where things stand for the Warriors after an eventful few weeks, noting that – with Klay Thompson and Chris Paul gone – Podziemski could have a chance to become the starting shooting guard and Stephen Curry‘s primary backup at point guard. As Kawakami observes, given the significant role the 21-year-old may play in Golden State going forward, it’s no surprise the team would prefer to keep him out of an offer for Markkanen.
  • Despite dealing with a sore right ankle, second-year Nuggets forward Julian Strawther has been a Summer League standout, averaging 28.5 PPG with a .409 3PT% in two games in Las Vegas. Strawther averaged just 10.9 MPG across 50 appearances as a rookie, but teammate Peyton Watson is optimistic that the 2023 first-rounder will play a larger role in 2024/25. “He obviously has a gift shooting the rock,” Watson told Bennett Durando of The Denver Post. “He’s a big-time shooter. That’s gonna be big for us this coming year. I’m super excited for him. He already showed flashes of what he can do this season, and he’s had some big games for us already. So I expect him to have plenty more, and I can’t wait to play a lot more with him.”
  • The Nuggets confirmed in a brief announcement on Monday that rookie forward DaRon Holmes has undergone a surgical repair of his right Achilles tendon. The team didn’t provide a specific recovery timeline for Holmes, but the expectation is that he’ll miss the entire 2024/25 season after tearing his Achilles in his Summer League debut.
  • The Clippers will return to Seattle for a third consecutive preseason, having announced on Monday in a press release that they’ll host the Trail Blazers on October 11 at Climate Pledge Arena.

Charania’s Latest: Markkanen, Warriors, Ingram, Bucks, Trent, Westbrook, More

The Warriors have been the “most engaged” trade suitor for Jazz forward Lauri Markkanen this offseason, but the two teams are divided on what a potential Golden State package would look like, writes Shams Charania of The Athletic.

According to Charania, the Warriors have discussed an offer that would center around Moses Moody and a number of draft assets, including multiple first-round picks, multiple second-rounders, and multiple pick swaps. However, Utah has sought “the bulk of young talent and capital” Golden State controls, including Brandin Podziemski and Jonathan Kuminga in addition to Moody and draft assets. Sources tell Charania that idea has been a “non-starter” for the Warriors.

Pelicans forward Brandon Ingram is another notable name still on the trade market, but teams around the league believe his market is limited, according to Charania, since some potential suitors (including the Kings and Spurs) made moves for other forwards and most other teams aren’t looking to make a major trade at this point in the offseason. If the market for Ingram remains quiet, New Orleans could assess its current group to open the regular season before deciding whether a trade is necessary, Charania suggests.

With most of the NBA’s other teams focused on tweaking their rosters around the edges, one high-ranking team official told Charania, “It might be one of the more quiet summers.”

Here’s more from Charania:

  • The Bucks are in the market for help at shooting guard and are among the contending teams pursuing Gary Trent Jr., sources tell The Athletic. However, due to its proximity to the second tax apron, Milwaukee is limited to a minimum-salary offer, and one recent report suggested that Trent isn’t interested in accepting a minimum deal. The Bucks are hosting a free agent workout this week in Las Vegas, Charania notes, with Will Barton expected to be among the participants.
  • While there has been no action on the Russell Westbrook front as of late, the Clippers and the former MVP still plan to part ways this offseason, says Charania. The Nuggets are considered the favorites to sign Westbrook if he reaches free agency, Charania adds, but Los Angeles is still discussing possible trades.
  • The Grizzlies are exploring trade possibilities involving former lottery pick Ziaire Williams, sources tell Charania. The Grizzlies aren’t far from the luxury tax line and will likely have to shed some salary if they want to use their full mid-level exception or re-sign Luke Kennard while staying out of tax territory.

Nuggets Rookie DaRon Holmes Tears Right Achilles

DaRon Holmes‘ rookie season appears to be over before it started. According to Shams Charania of The Athletic (Twitter link), Holmes sustained a torn right Achilles tendon during his Summer League debut on Friday and is expected to miss all of 2024/25.

It’s a brutal blow for a player whom the Nuggets were so high on that they surrendered three second-round picks in order to move up from No. 28 to No. 22 in last month’s draft to make sure they got him.

While there was no guarantee Holmes would have played rotation minutes in his first NBA season, he likely would have been given the opportunity to earn a regular role on a Denver team that will need contributions from a few of its younger players. Instead, the forward/center’s NBA debut will almost certainly be delayed until the fall of 2025.

Prior to entering this year’s draft, Holmes compiled an impressive résumé in three college seasons at Dayton, earning All-Atlantic 10 honors in all three years, including a First Team spot in 2023 and 2024. He was named the Atlantic 10 co-Player of the Year and Defensive Player of the Year in 2024 after averaging 20.4 points, 8.5 rebounds, 2.6 assists, and 2.1 blocks in 32.5 minutes per game across 33 starts in 2023/24. He also posted a shooting line of .544/.386/.713.

Prior to his injury on Friday, Holmes had been enjoying a solid Summer League debut, with 11 points and seven rebounds. His parents and agent were in attendance at the game, notes Bennett Durando of The Denver Post.

With Holmes sidelined for the 2024/25 season, the Nuggets figure to lean more on Zeke Nnaji and newly signed big men Dario Saric and Vlatko Cancar for frontcourt depth. DeAndre Jordan will also be back, though his new deal with the team isn’t yet official.

As Harrison Wind of DNVR Sports observes (via Twitter), Denver could apply for a disabled player exception following Holmes’ injury, but it would be worth just $1,532,820, half of the rookie’s $3,065,640 salary, so it wouldn’t be very useful. You can learn more about how disabled player exceptions work in our glossary.

Groups Revealed For 2024 NBA Cup

The NBA has announced the five-team groups for this year’s in-season tournament, now renamed the Emirates NBA Cup, the league announced in a release on Friday (Twitter link).

Like last year, there are six groups — three each from the Western Conference and Eastern Conference — and each conference was split into five groups based on last year’s standings. One team was selected at random from each group to determine the group round matchups.

The results are:

  • West Group A: Timberwolves, Clippers, Kings, Rockets and Trail Blazers
  • West Group B: Thunder, Suns, Lakers, Jazz and Spurs
  • West Group C: Nuggets, Mavericks, Pelicans, Warriors and Grizzlies
  • East Group A: Knicks, Magic, Sixers, Nets and Hornets
  • East Group B: Bucks, Pacers, Heat, Raptors and Pistons
  • East Group C: Celtics, Cavaliers, Bulls, Hawks and Wizards

The NBA Cup begins with group play, which runs from Nov. 12 to Dec. 3. Each team plays one game against each of the four opponents in its group. The NBA released a matchup matrix to help fans follow along (Twitter link).

Just like last season, the winner of each group advances to a knockout round alongside the team with the best record in each conference that didn’t win a group. The semifinals and finals will again be played in T-Mobile Arena in Las Vegas.

Last year, the Lakers won the inaugural in-season tournament over the Pacers. LeBron James was named the tournament MVP after dropping 24 points in the title game.

The full game and broadcast schedule for group play will be announced next month.

Dario Saric Signs With Nuggets

July 12: Saric’s deal with the Nuggets is now official, the team announced in a press release (Twitter link).


July 6: The Nuggets will add veteran power forward/center Dario Saric on a two-year, $10.6MM deal, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Saric will have a player option on the second season of the contract, Wojnarowski adds.

Denver will use its $5.2MM taxpayer mid-level exception and will become hard capped at the $188.9MM second apron, according to cap expert Yossi Gozlan (Twitter link). The Nuggets are currently $12.6MM below the apron with 12 players under contract. They will be limited to minimum signings to fill out the roster.

Jake Fischer of Yahoo Sports revealed last week that Denver had ongoing interest in signing Saric. He reportedly also had an opportunity to join Panathinaikos in Greece if he didn’t receive an NBA offer to his liking.

Saric earned $2.7MM last season with the Warriors on a one-year, veteran’s minimum contract. He appeared in 64 games, making nine starts, and averaged 8.0 points, 4.4 rebounds and 2.3 assists in 17.2 minutes per night.

He’ll likely fill a similar role with the Nuggets, who have been looking to add some experience to their roster after suffering significant free agent losses since winning the 2023 championship. His signing may also clear the way for a trade of forward/center Zeke Nnaji, who is reportedly being made available. Nnaji saw limited playing time last season, and his four-year, $32MM contract extension will begin with the 2024/25 season.

Saric, 30, was selected with the 12th pick in the 2014 draft. Before coming to Golden State, he spent time with Philadelphia, Minnesota, Phoenix and Oklahoma City.

Northwest Notes: Murray, Nuggets, Trent, Joe, Sharpe, Markkanen

Shams Charania reported back on June 27 that the Nuggets and Jamal Murray were “working toward” a four-year, maximum-salary contract extension, with the team expected to make the offer and the star guard expected to accept it. Over two weeks later, there’s still no deal in place.

A report earlier this week indicated that the Nuggets and Murray will likely wait until after the Olympics to finalize an agreement, and the 27-year-old Canadian essentially confirmed as much when asked this week by Troy Renck of The Denver Post about his contract situation.

“When we get there, we get there,” Murray said after the Canadian team lost an exhibition game to Team USA in Las Vegas on Wednesday. “I’m playing games right now for Canada, so that’s not on my mind.”

A maximum-salary extension for Murray, who is entering the final year of his current deal, would be worth a projected $207.85MM over four seasons.

Here’s more from around the Northwest:

  • Gary Trent Jr. isn’t a viable target for the Nuggets in free agency, according to Harrison Wind of DNVR Sports (Twitter link), who hears that the 25-year-old swingman isn’t interested in accepting a minimum-salary contract and that there may not be much interest on Denver’s side anyway.
  • Isaiah Joe‘s new four-year, $48MM contract with the Thunder includes a fourth-year team option and has a descending salary structure, tweets Michael Scotto of HoopsHype. Joe’s cap hit in 2024/25 will be $12,991,650 before dipping to $12,362,338 in ’25/26, with third- and fourth-year salaries of $11,323,006.
  • Although he attended Team Canada’s pre-Olympic training camp this summer, Trail Blazers guard Shaedon Sharpe wasn’t in the mix for a spot on the 2024 Paris roster. But Sharpe, who has been medically cleared following his core muscle surgery in February, is in Canada’s future plans, head coach Jordi Fernandez tells Sean Highkin of Rose Garden Report (Substack link). “We value him as an important player in the future, being a big part of this program,” Fernandez said. “We don’t only care about this tournament. We care about AmeriCup and the World Cup and L.A. in 2028. We want Shaedon to be a part of that.”
  • Andy Larsen of The Salt Lake Tribune takes a closer look at the Lauri Markkanen situation in Utah, exploring why the Jazz might be motivated to move the star forward and what they could reasonably expect to get in return.

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:

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.

Nuggets Sign DaRon Holmes To Rookie Contract

Nuggets first-round pick DaRon Holmes has officially signed his rookie scale contract, the team announced today in a press release.

Holmes built an extensive résumé in his three college seasons at Dayton, earning All-Atlantic 10 honors in all three years, including a First Team spot in 2023 and 2024. He was named the Atlantic 10 co-Player of the Year and Defensive Player of the Year in 2024 after averaging 20.4 points, 8.5 rebounds, 2.6 assists, and 2.1 blocks in 32.5 minutes per game across 33 starts in 2023/24. He also posted a shooting line of .544/.386/.713.

The Nuggets were linked to Holmes for much of the pre-draft process, and while there were conflicting reports on whether or not the team had made him a promise, it certainly appeared that Denver was targeting the 6’10” forward on draft night — the club traded three second-round picks in order to move up from No. 28 to No. 22 to nab him.

Assuming Holmes receives the maximum allowable 120% of the rookie scale amount, his four-year deal will be worth about $15.2MM, including a first-year salary of $3.07MM.

Holmes was the last 2024 first-round pick to sign his contract, so all 30 first-rounders are now officially on NBA rosters.

Murray's Extension Talks Placed On Back Burner

Jamal Murray and the Nuggets were reportedly progressing toward a four-year max extension agreement in late June. So what’s the holdup?

According to The Denver Post’s Bennett Durando, extension talks between the front office and the Nuggets’ point guard are temporarily on the backburner while Murray preparies for the Paris Olympics with Team Canada. The two sides will likely finalize an agreement after the Olympics are done, Durando adds. The only potential stumbling block could occur if Murray suffers a significant injury prior to signing an extension.

  •  The Nuggets viewed Dario Saric as a top-priority target and reached an agreement with the big man on a two-year, $10.6MM deal. Saric was unsure if he wanted to play in the NBA or Europe next season before choosing the Nuggets, according to Durando. Multiple NBA teams showed interest in him, as well as the Greek club Panathinaikos, but the Nuggets felt confident about landing Saric.

Vlatko Cancar Re-Signs With Nuggets

Vlatko Cancar has signed a new contract with the Nuggets, according to NBA.com’s transactions log.

Details of the deal weren’t released, but Vinny Benedetto of The Denver Gazette (Twitter link) says the deal is worth the veteran’s minimum. As we noted recently, a one-year minimum deal would pay Cancar $2.3MM while carrying a $2.09MM cap hit.

The 27-year-old power forward became an unrestricted free agent last month when the Nuggets declined their option for next season. However, the two sides continued to negotiate in hopes of keeping him in Denver. They wound up with a new agreement that gives Cancar a slight raise while decreasing his impact on the Nuggets’ cap number.

Cancar missed all of last season with a torn ACL, but he was able to play for Slovenia in this week’s Olympic qualifying tournament and he should be 100% when training camp opens in late September.

Cancar has spent his entire NBA career in Denver after being selected with the 49th pick in the 2017 draft. He was an important contributor during the Nuggets’ championship season, appearing in 60 games and averaging 5.0 points, 2.1 rebounds and 1.3 assists in 14.8 minutes per night.