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.
Warriors Notes: Curry, Kuminga, Moody, Jackson-Davis
While it isn’t Golden State’s top priority this offseason, Warriors general manager Mike Dunleavy Jr. told reporters on Friday that discussing an extension with Stephen Curry is on the team’s radar, as Kendra Andrews of ESPN writes.
“That guy can get whatever he wants,” Dunleavy said of Curry. “It’s been a sprint here getting through the draft and free agency and summer league, but all of that will get figured out. Steph, I think I can say pretty confidently, that he will be a Warrior for life.”
Curry, a two-time MVP, is currently training for the Paris Olympics with Team USA. The 36-year-old is under contract for two more seasons (at $55.8MM and $59.6MM). He would be limited to a one-year extension worth $62.6MM in 2026/26 due to the Over-38 rule, as ESPN’s Bobby Marks notes (via Twitter).
Dunleavy also said signing former lottery picks Jonathan Kuminga and Moses Moody to rookie scale extensions is important to the club (Twitter video link via Anthony Slater of The Athletic). Both players will be extension-eligible until the day before the ’24/25 regular season begins.
Here’s more on the Warriors:
- Addressing this summer’s roster moves – including parting with Chris Paul and Klay Thompson and bringing in Buddy Hield, De’Anthony Melton, and Kyle Anderson – Dunleavy said that changes were needed after the way the Warriors’ 2023/24 season ended. “I think it would have been hard to run the same team back,” Dunleavy said, per Andrews. “Although 46 wins is pretty good, we didn’t make the playoffs. But this isn’t something where it’s like broken completely. We just need to tune some things up. I think we’ve been able to do that, and we’re excited about this group.”
- The Warriors’ offseason work isn’t necessarily complete, but adding another free agent to fill the 15th roster spot won’t be an option for the time being, with the team right up against its hard cap (the first tax apron). “Free agency stuff has calmed down. We’ve got 14 guys and are against the first apron, so adding in that regard right now would be tough,” Dunleavy said. “But you’re always looking around the league to get better, talking to teams and exploring stuff. I like our team, but there’s also some things that we can look to improve at.”
- Asked during an appearance on 95.7 The Game (Twitter links) whether the Warriors would be willing to trade Kuminga in a deal for an impact player, head coach Steve Kerr didn’t directly answer the question, but suggested no one on the roster besides Curry is absolutely untouchable. “There’s very few players in the league who are not talked about in trade discussions,” Kerr said. “Steph Curry is not being discussed in trade talks. Everybody else is. If you went down the list of NBA teams, the Lakers (are) probably not talking to anybody about LeBron (James). Everybody’s got maybe one or two guys who are off the table. The vast majority of NBA players are constantly going to be discussed in trade talks because everyone’s trying to do the same thing, which is improve their team.”
- In a conversation with Mark Medina of Sportskeeda, second-year big man Trayce Jackson-Davis discussed a handful of topics, including the experience of being on the U.S. Select Team and what sort of role he expects to have in Golden State next season. “(Kerr) wants me to be more offensive-minded and continue to make plays out of the dunker (spot), almost like the way (Domantas) Sabonis plays,” Jackson-Davis said. “That’s similar to what he wants me to be.”
Luke Adams contributed to this post.
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.
Podziemski Has High Expectations For Next Season
- Heading into his second season with the Warriors, Brandin Podziemski told Mark Medina of Sportskeeda that he has lofty goals. “Individually, I want to be able to be in the conversation and win Most Improved Player of the Year,” he said. “I want to partake in the Rising Stars game again because it’s in San Francisco next season. I want to participate in the Skills Challenge. That would be fun. Then I want to put my name up there as an up-and-coming star of the league. I’m ready to make the year two jump. As far as team goals, obviously you want to win a title.”
- Coach Steve Kerr is impressed with how Warriors general manager Mike Dunleavy Jr. recovered from the loss of Klay Thompson by acquiring the services of free agents Buddy Hield, Kyle Anderson and De’Anthony Melton, Dalton Johnson of NBC Sports Bay Area relays. “To rebound from losing Chris (Paul) and then Klay, and then using the cap to his advantage – he and his group have done a great job,” Kerr said. “We’ve signed three really good players, managed our finances really well and Mike is wonderful at his job in every regard. He’s a great partner, too, through these difficult times. Great guy to be able to lean on.”
Warriors Showing Patience In Pursuit Of Lauri Markkanen
The Warriors haven’t given up in their pursuit to acquire Jazz forward Lauri Markkanen but they’re willing to wait and see how the process plays out, Anthony Slater of The Athletic reports.
Markkanen, who has an expiring $18MM contract, becomes extension-eligible on Aug. 6. From what Slater is hearing, the Jazz plan to renegotiate-and-extend Markkanen by using their remaining cap space.
If Markkanen signs that type of contract on that date, he would still be eligible to be traded at the February deadline. However, if he signs any time after that (beginning on Aug. 7), he’d be ineligible to be dealt during the season due to the league’s six-month trade restriction on renegotiated contracts. That provides some extra leverage for Markkanen, which could dictate whether he gets moved this offseason to the Warriors or another suitor.
The Kings made a strong push to acquire Markkanen last week but they were unwilling to give up Keegan Murray in a proposed deal. Instead, they made a substantial picks-based offer. They put a deadline on pursuing a trade with Utah and the Jazz didn’t meet it, so Sacramento pivoted to a sign-and-trade for DeMar DeRozan.
The Warriors don’t feel that type of urgency, Slater continues. They’re comfortable with the 14-man roster they current have with the free agent additions of De’Anthony Melton, Kyle Anderson and Buddy Hield. There’s no room financially under the hard cap to fill the 15th spot.
Golden State appears, on paper, to need one more impact player to be a legitimate contender again. But Slater’s sources tell him that the front office and ownership don’t feel compelled to make that type of move right away unless the right opportunity comes along. It’s also noted that the front office is increasingly willing to add future first-round picks and make pick swaps in trade offers.
The Warriors are currently below the tax aprons but above the tax line. Owner Joe Lacob is still willing to spend to remain competitive.
Lindy Waters III and Gui Santos have non-guaranteed deals but the Warriors currently plan to keep both of those reserves. Second-round pick Quinten Post is expected to sign a two-way contract, Slater adds.
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:
Warriors Acquire No. 52 Pick Quinten Post From Blazers
JULY 6: The trade sending Post’s rights from Portland to Golden State in exchange for cash is now official, according to announcements from both the Trail Blazers and Warriors.
JUNE 27: The Warriors have agreed to reacquire the No. 52 pick from the Trail Blazers in exchange for cash considerations, per Jake Fischer of Yahoo Sports and Sean Highkin of The Rose Garden Report (Twitter links).
The Warriors used the pick to select center Quinten Post out of Boston College.
As Highkin notes, Portland shipped out its No. 34 selection the Knicks for three future second-rounders, received cash from the Thunder to move down from No. 40 to 52, and have now moved off the No. 52 pick as well.
After starting the draft Wednesday with four draft selections, a rebuilding Portland club finishes with just one pick, No. 7, which it used on center Donovan Clingan. The Trail Blazers have $46.4MM in salaries committed to veteran centers Deandre Ayton and Robert Williams III.
Sending out cash to obtain the No. 52 selection will hard-cap Golden State at the NBA’s second apron for the 2024/25 season. The No. 52 pick was dealt by the Warriors to the Thunder in a trade for Lindy Waters earlier today, was sent from Oklahoma City to Portland, and has now has landed back in Golden State.
Warriors Notes: Hield, DeMarco, Thompson, Anderson
The Warriors conducted their recruitment of Buddy Hield while the veteran sharpshooter was in Valencia, Spain, where he’s looking to secure an Olympic berth for the Bahamian national team. According to reporting from The Athletic, Warriors assistant Chris DeMarco – who is the head coach for the Bahamas – served as a “helpful ally” for Golden State’s front office in those recruiting efforts.
Hield’s decision to join the Warriors had been trending in that direction for a couple days before he made up his mind, per The Athletic. A late Wednesday call from Warriors head coach Steve Kerr helped seal the deal for Hield, who slept on it before finalizing his decision on Thursday.
As Anthony Slater of The Athletic writes within the same story, Hield, De’Anthony Melton, and Kyle Anderson are three veterans with varying skill sets who will help the Warriors solidify their rotation, but the club is still probably “a large move away from being considered any type of fringe contender.”
Here’s more on the Warriors:
- When the Warriors negotiated the Klay Thompson sign-and-trade with the Mavericks, they had the option of taking back Josh Green or another one of Dallas’ mid-sized contracts (likely Maxi Kleber), but they preferred to use the Thompson trade exception to go shopping in free agency for a player they liked more, sources tell Slater of The Athletic.
- While Anderson averaged 22.6 minutes per game during the regular season for Minnesota last season, his playing time declined to 15.4 MPG in the playoffs. Slater suggests that – as long as the Warriors’ roster is healthy – the forward’s playing time in Golden State may end up closer to that postseason average.
- Thompson took to Instagram on Friday to send a heartfelt farewell to Warriors fans and his longtime franchise. “Oh Bay Area, there are not enough words and images to convey how I really feel about y’all,” he said as part of a longer statement. “From the bottom of my heart, thank you so much for the best times of my life. It was such an honor to put that Dubs jersey on from day one. … Don’t be sad it’s over, be happy it happened. Until we meet again. Sea captain out.”
- Marcus Thompson II of The Athletic takes a closer look at the legacy Thompson leaves behind in the Bay Area following his 13 years and four championships with the Warriors.