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Spurs, Rockets Have Most Remaining Cap Room

July 1st, 2023 at 7:41am CST by Luke Adams

As we enter the first day of the NBA’s 2023/24 league year, two Southwest rivals – the Spurs and Rockets – are the teams with the most projected cap room still available, according to ESPN’s Bobby Marks (Twitter links) and Keith Smith of Spotrac (Twitter link).

San Antonio and Houston were active on Friday night. The Spurs reached agreements to re-sign restricted free agents Tre Jones and Julian Champagnie, while the Rockets made one of the biggest splashes of the summer so far by agreeing to a three-year, maximum-salary contract with Fred VanVleet. However, Jones and Champagnie have cap holds below their projected salaries, while Houston entered the offseason with approximately $64MM in room, so both teams still have plenty of flexibility.

Marks projects the Spurs at $29MM in remaining space, while Smith suggests they could actually still create up to $34MM+ if needed. Either way, they still have more spending power than any team in the NBA. Both Marks and Smith have the Rockets at approximately $25MM.

The Kings, Jazz, and Pacers are among the other clubs that still project to have more than $10MM in cap room remaining, though Sacramento’s and Indiana’s figures are hard to pin down because they’ll hinge on whether the teams complete their rumored trade involving Chris Duarte. The Kings also still have a path to remain an over-the-cap team if they want to, since none of their reported moves so far absolutely require cap space.

Here are a few other things to watch as the second day – and first full day – of the free agent period gets underway:

While our top seven free agents of 2023 came off the board in the first several hours of free agency, plenty of players in our top 20 are still available: Miles Bridges (No. 8), D’Angelo Russell (9), P.J. Washington (11), Austin Reaves (12), Brook Lopez (15), Max Strus (16), Dillon Brooks (18), Grant Williams (19), and Donte DiVincenzo (20).
The Cavaliers are reportedly trying to acquire Strus in a sign-and-trade deal involving the Heat and a third team, rumored to be the Spurs. Cleveland doesn’t have the mid-level available for Strus, having committed it to Georges Niang, but Miami doesn’t appear to have interest in taking back salary in a deal, so San Antonio’s cap space could come in handy.
The Lakers were busy on the first day of free agency, agreeing to re-sign Rui Hachimura and reaching deals to bring in Gabe Vincent and Taurean Prince. However, Russell and Reaves don’t have deals yet. Sources tell Jovan Buha of The Athletic that the Lakers remain interested in re-signing both players and are still in position from a financial perspective to bring them back.
Tyrese Haliburton and Desmond Bane agreed to maximum-salary rookie scale extensions late on Friday night. Will other extension-eligible players join them on Saturday? Rising Timberwolves star Anthony Edwards looks like the best bet among the rookie scale candidates. Celtics big man Kristaps Porzingis, Raptors swingman Gary Trent Jr., and Jazz guard Jordan Clarkson were among the players said to be making progress in extension talks on Friday, so perhaps they’ll reach agreements soon. As for Jaylen Brown, who is eligible for a super-max contract with the Celtics, a league source tells Adam Himmelsbach of The Boston Globe that the All-NBA wing isn’t expected to agree to terms immediately, but both sides are confident that a deal will be made sooner or later.
Of course, James Harden remains the biggest name on the trade block, but by all accounts, the Sixers aren’t eager to rush into a deal, so we shouldn’t necessarily expect resolution on that front right away.
We’ll be tracking all the latest news and rumors all day, and updating our free agent tracker with the newest free agent agreements.

Free Agent Rumors: G. Williams, Lakers, Gordon, Vincent, Brooks

July 1st, 2023 at 1:39am CST by Alex Kirschenbaum

The Celtics are letting the market dictate how they proceed with the contract of restricted free agent power forward Grant Williams.

Sources tell Adam Himmelsbach of The Boston Globe that, since Boston has the right of first refusal on Williams, the team is waiting to see if he gets an offer sheet before making a decision on his future.

The 3-and-D role player could be feeling some roster squeeze if he does return to the Celtics next season, as the club will now boast a frontcourt that features Kristaps Porzingis in addition to Al Horford and Robert Williams III.

Here’s more from around the league:

The Lakers may be open to bringing back unrestricted free agent shooting guard Malik Beasley for next season, even after deciding not to pick up their $16.5MM option on him for 2023/24. Sources tell Jake Fischer of Yahoo Sports that team president Rob Pelinka still appreciates Beasley as a player and the club has some interest in re-signing him on what would have to be a significantly smaller deal. Fischer adds that the Lakers have not yet made a determination on the future of starting point guard D’Angelo Russell, though both Russell’s management and L.A. had been hopeful about reaching a new long-term deal earlier Friday.
Fischer adds that the Raptors were viewed as a prime suitor Gabe Vincent as it became increasingly clear that Fred VanVleet would sign a huge new contract with the Rockets. However, after Lakers mid-level target Bruce Brown joined the Pacers early on in free agency, Los Angeles weighed a pursuit of shooting guard Eric Gordon before ultimately deciding on Vincent. Sources tell Fischer that the Raptors didn’t end up reaching out to Vincent during free agency.
The Heat offered Vincent a four-year, $34MM contract to stay in Miami, a source tells Tim Reynolds of The Associated Press (via Twitter). The 27-year-old instead opted for a shorter-term deal with a higher annual salary, accepting a three-year, $33MM offer from the Lakers.
The Rockets‘ anticipated meeting with small forward Dillon Brooks is taking place either late on Friday or at some point on Saturday, reports Kelly Iko of The Athletic. According to Iko, the defensive-oriented 6’7″ swingman has had conversations with the Bucks and Lakers on Friday while Houston focused on locking up VanVleet. Now that the Lakers have committed most of their mid-level exception to Vincent, they’re likely no longer a viable landing spot for Brooks, Iko notes.

Free Agent Rumors: Lopez, Banton, T. Davis, Strus

June 30th, 2023 at 10:17pm CST by Alex Kirschenbaum

Multiple NBA clubs are awaiting word on the future of unrestricted free agent center Brook Lopez, who has spent his past five seasons with the Bucks, per Jake Fischer of Yahoo Sports (Twitter link).

Fischer reports that “increasing word” on Friday suggests the Rockets may bid in excess of the two-year, $40MM deal that has been floated as a possibility.

Lopez, 35, has enjoyed a fruitful relationship with Milwaukee. The seven-footer has been named to two All-Defensive Teams and won his first championship during his Bucks tenure, while totally transforming his game, from being a fringe All-Star post scorer while with the Nets to the gritty 3-and-D role player he is now.

In 78 regular season games for the 58-24 Bucks last season, the former Stanford big man posted averages of 15.9 PPG on .531/.374/.784 shooting splits, in addition to 6.7 RPG, 2.5 BPG and 1.3 APG. He was the runner-up for Defensive Player of the Year honors.

Here are further free agent rumors:

Free agent point guard Dalano Banton met with the Celtics on Friday, according to Rafael Barlowe of NBA Big Board (via Twitter). The 6’9″ vet out of Nebraska had spent both of his NBA seasons to date with the Raptors. In 31 contests, last year, he averaged 4.6 PPG, 1.5 RPG and 1.2 APG.
The Celtics, Suns, Bucks, Mavericks and Raptors are among the teams with some level of interest in free agent former Kings shooting guard Terence Davis, according to Mark Jones of ESPN and Michael Scotto of HoopsHype (Twitter links).
According to Fischer (Twitter link), the Spurs have emerged as a possible third team in a rumored sign-and-trade deal that would send Heat free agent shooting guard Max Strus to the Cavaliers. Sources tell Fischer that Cleveland has been looking to offload the contract of swingman Cedi Osman, whom Miami presumably has no interest in taking on. Barry Jackson of The Miami Herald reports (via Twitter) that the Heat are aiming to create a trade exception and a future second-round draft selection in any sign-and-trade involving Strus.

Free Agent Rumors: Lopez, Rockets, DiVincenzo, Warriors, Saric, Mavs, Gordon, FVV, More

June 30th, 2023 at 3:46pm CST by Dana Gauruder

Bucks center Brook Lopez is expected to be offered a two-year contract worth approximately $40MM from the Rockets, Jake Fischer of Yahoo Sports reports.

Houston, which has the most cap space this summer, has a meeting lined up with Lopez. The veteran center’s free agent decision is expected to come down to remaining in Milwaukee or joining the Rockets. The Rockets have a 20-year-old center in Alperen Sengun, a 2021 first-rounder, but Lopez could serve as a mentor to Houston’s youthful big men while stabilizing its defense and stretching the floor offensively.

We have more free agent news:

Warriors guard Donte DiVincenzo has four meetings lined up on Friday and Saturday, Steve Popper of Newsday tweets. DiVincenzo entered the market when he declined his $4.7MM option. The Knicks, Timberwolves, Pelicans, Pistons, Rockets, Magic, and Bulls have all been mentioned as potential pursuers for DiVincenzo, who could command the full $12.4MM non-taxpayer mid-level exception. The Warriors can only offer a four-year, $23.2MM deal due to cap restrictions since they only held his Non-Bird rights.
The Warriors are likely to land unrestricted free agent Dario Saric, according to Monte Poole of NBC Sports Bay Area (Twitter link). Golden State is looking for a stretch four with a high basketball IQ and solid all-around skills. The 29-year-old Saric would also fit the team’s win-now approach. Saric, who tore his ACL during the 2021 playoffs, appeared in a total of 57 regular-season games with the Suns and Thunder this past season. The Warriors are generally seeking to sign swingmen and frontcourt players who shoot well on veteran’s minimum contracts, ESPN’s Marc J. Spears tweets.
Celtics restricted free agent Grant Williams will likely have to be patient to find an interested bidder, according to Fischer. Though the Celtics have acquired Kristaps Porzingis, it’s not out of the question Boston could match an offer sheet for Williams, who reportedly will have difficulty finding an offer above the non-taypayer mid-level exception.
The Mavericks has been linked to various wings and forwards, including Williams, Jae Crowder, Eric Gordon, and Malik Beasley, Fischer adds. League executives who have spoken to Yahoo Sports believe Gordon, who will enter the market after the Clippers decided not to guarantee his contract, could command the full mid-level or close to it.
Raptors guard Fred VanVleet is meeting with Toronto’s brass at the start of free agency and there’s optimism within the organization they can keep him in the fold, Michael Grange of Sportsnet.ca tweets. According to Grange, a four-year deal averaging $30MM might be enough to convince VanVleet, who declined a $22.8MM option in order to enter free agency, to re-sign.

Eastern FA Rumors: Kuzma, Kyrie, Bridges, Crowder, Sixers

June 30th, 2023 at 3:05pm CST by Luke Adams

Free agent forward Kyle Kuzma is seeking a contract “well above the mid-level exception,” according to Jake Fischer of Yahoo Sports, but it’s unclear which cap-room team might give him that sort of offer, especially if the Rockets and Pacers use their space on other players.

As Fischer writes, the Jazz were viewed as a legitimate suitor for Kuzma, but that option is almost certainly off the table following Utah’s deal for John Collins. People around the league have begun to consider it increasingly likely that Kuzma could re-sign with the Wizards, according to Fischer. While the Wizards are in the process of reshaping their roster, they’ll have Kuzma’s Bird rights and could view him as a future tradable asset as long as they don’t overpay him.

Here are more free agent rumors from around the Eastern Conference:

Following up on a report stating that Kyrie Irving had the Heat on his list of teams to meet with in free agency, Anthony Chiang of The Miami Herald (Twitter link) cites a source who says the Heat have no meeting scheduled with the star point guard. Irving will, however, meet with the Rockets, sources tell Kelly Iko of The Athletic (Twitter link).
Interestingly, Fischer writes that the Hornets “don’t appear to have a straightforward path to re-sign” restricted free agent forward Miles Bridges. According to Fischer, Bridges and his representatives have broached the idea of Charlotte pulling its qualifying offer to make him unrestricted. Based on Fischer’s report, it sounds like Bridges’ camp may not feel confident about its leverage in talks with the Hornets entering the summer. The forward isn’t eligible to be signed-and-traded because he wasn’t on Charlotte’s roster last season.
Although Jae Crowder is considered likely to re-sign with the Bucks, the veteran forward has also drawn interest from the Heat, league sources tell Fischer.
While the Sixers may be fairly quiet at the start of free agency, it’s possible it won’t take the team long to come to an agreement with restricted free agent Paul Reed, according to Kyle Neubeck of PhillyVoice.com. The team’s odds of bringing back Georges Niang, Jalen McDaniels, or Shake Milton don’t appear as strong. A source tell Neubeck that Niang may get “a nice chunk of money” from a rival suitor on the first day of free agency. Milton is unlikely to return to Philadelphia, while McDaniels’ free agency could take some time to play out, Neubeck adds.

Pacers May Offer Bruce Brown More Than $20MM Per Year

June 30th, 2023 at 1:18pm CST by Arthur Hill

The Pacers may be prepared to offer Nuggets free agent Bruce Brown a contract worth more than $20MM per season, sources tell Jake Fischer of Yahoo Sports.

Brown has become one of the hottest names on the free agent market, and several teams are hoping to land him with the $12.4MM non-taxpayer mid-level exception. Brown has reportedly scheduled meetings with five teams — the Knicks, Rockets, Mavericks and Lakers as well as Indiana. The Cavaliers and Timberwolves also consider Brown their top target, according to Fischer.

The Pacers have roughly $30MM in cap room, so signing Brown would account for most of that and would take them out of the running for other free agents, such as Heat shooting guard Max Strus.

Returning to Denver is also in play for Brown, according to Fischer, although the Nuggets can only pay him $7.8MM next season. Brown would be eligible to earn more than $50MM over four years from Denver next summer, which is still well short of the Pacers’ reported offer.

Rockets Rumors: Free Agents, Martin, Clarkson, Capela

June 30th, 2023 at 11:56am CST by Arthur Hill

Rockets officials hope to meet with several of their top targets in Los Angeles when free agency begins in a few hours, writes Kelly Iko of The Athletic. Sources tell Iko that Houston has already set up meetings with Dillon Brooks and Brook Lopez and will try to arrange sessions with Fred VanVleet, Kyrie Irving, Bruce Brown, Dwight Powell, Jakob Poeltl and possibly Kyle Kuzma.

Brown is of particular interest because the Rockets would be willing to go above the $12.4MM non-taxpayer mid-level exception to sign him, according to Iko’s sources. Head coach Ime Udoka was an assistant in Brooklyn when Brown played there and they have maintained a good relationship, Iko adds.

With more than $60MM in cap space, Houston officials are confident about signing their main targets, according to Iko, although some may prefer teams with more recent success. He confirms that the Rockets are hoping to avoid long-term contracts and will compensate by offering players more money up front than they’re likely to get elsewhere. Shooting, defense and rim protection will be the main focus, Iko states.

There’s more on the Rockets, all courtesy of Iko:

Houston is hoping to land a veteran point guard in free agency, but there’s a back-up plan if they can’t sign VanVleet, Irving or someone of that stature. Sources tell Iko that the Rockets would pursue someone like Brown, a strong perimeter defender who can handle the ball, and give Jalen Green and first-round pick Amen Thompson a greater share of the playmaking duties.
Iko hears that a Kenyon Martin Jr. trade is increasingly likely, as talks with other teams have increased throughout the week. Martin may not have a place on the revamped roster, and the team could add cap room by unloading his $1.93MM contract for next season.
Jazz guard Jordan Clarkson and Hawks center Clint Capela are two names to watch if the Rockets opt to use their cap space through trades rather than free agency. Iko notes that Utah executive Danny Ainge is reported to have interest in acquiring Martin and suggests that Houston might be willing to include second-year point guard TyTy Washington and maybe a second-round pick in a potential deal. Iko points out that Clarkson is eligible for an extension after picking up his $14.26MM option for next season and says the Rockets may offer something along the lines of $32MM over two years. Iko adds that Capela could be available straight up for Martin as Atlanta tries to shed salary.

Stein’s Latest: Mavs, D. Powell, VanVleet, Schröder, D. Hall

June 30th, 2023 at 11:00am CST by Luke Adams

The Mavericks “fully intend” to re-sign center Dwight Powell in free agency, Marc Stein reports in his latest rumor round-up at Substack. According to Stein, the Cavaliers and Rockets are also expected to show interest in Powell once he hits the open market, but the Mavs value him both on and off the court and are confident about their chances to retain him.

With Powell, Richaun Holmes, and lottery pick Dereck Lively II expected to be in the mix at center in Dallas, it didn’t make sense for Andre Drummond to turn down his player option with the Bulls in the hopes of signing with the Mavericks, Stein explains, following up on a previous rumor. If the Mavs had been able to trade Holmes, it might’ve been a different story, but Drummond opted for the guaranteed money and a clearer path to rotation minutes in Chicago.

Here’s more from Stein:

Fred VanVleet‘s current plan is to meet with both the Raptors and Rockets in person in Los Angeles when free agency opens on Friday, Stein tweets, reiterating in today’s article that Houston looks like a serious threat to sign the point guard away from Toronto.
The Lakers are “eager” to bring back point guard Dennis Schröder and would like to give him a raise, but will have a limited ability to do so with his Non-Bird rights. Echoing ESPN’s Dave McMenamin, Stein says there’s a scenario in which Los Angeles commits a portion of its mid-level exception to Schröder and uses the rest on another player.
Former NBA big man Donta Hall, who is in the midst of a multiyear contract with AS Monaco in Europe, has an NBA opt-out in his deal and is attracting some interest from teams stateside, according to Stein, who names the Grizzlies and Trail Blazers as a couple of the clubs eyeing Hall.
One Western Conference front office executive was surprised by how many potential free agents exercised their player options. “I’ve never seen this many good players opt in,” the executive told Stein.

Bruce Brown Plans Meetings With Five Teams

June 30th, 2023 at 10:25am CST by Arthur Hill

Nuggets free agent Bruce Brown will meet with the Knicks, Rockets, Pacers, Mavericks and Lakers when free agency begins later today, tweets Ian Begley of SNY.tv.

Indiana was identified Thursday as a team to watch in the race for Brown. The Pacers have upwards of $30MM in cap room and can offer Brown more than the non-taxpayer mid-level exception. Houston is the only other team among those five that can exceed the MLE for the versatile guard, but the Rockets reportedly are focused on other targets.

The Lakers remain confident about their chances to land Brown with the MLE, but there are also indications that he may be open to a return to Denver, even though the Nuggets are limited to a $7.8MM offer with his non-Bird rights.

Clippers Are Harden’s Preferred Destination As Trade Talks Begin

June 30th, 2023 at 8:57am CST by Arthur Hill

James Harden‘s decision to exercise his $35.6MM player option and ask for a trade stems from displeasure with the Sixers over how they handled negotiations, according to Sam Amick of The Athletic.

Harden has a strong desire to join the Clippers and is optimistic that a deal will take place, sources tell Amick. He also hears that Kawhi Leonard and Paul George support the idea of adding Harden.

Amick cites a series of “silent signals” from the Sixers organization that led to Harden’s dissatisfaction. After turning down a $47.4MM player option last summer and signing for $33MM to give the team extra cap space to build its roster, Harden was expecting a generous offer from Philadelphia president of basketball operations Daryl Morey if he declined his current option and entered free agency as expected.

However, sources tell Amick that Morey’s position was to have Harden test the market before making an offer. With interest from the Rockets reportedly drying up, Harden feared that the Sixers would offer a short-term, bargain contract and that he would be stuck on the open market with no way to get the type of deal he believes he deserves.

A potential return to Houston had been rumored since Christmas when ESPN’s Adrian Wojnarowski broke the news that Harden was considering it. However, the Rockets decided weeks ago that Harden wasn’t a good fit under new coach Ime Udoka, according to Amick. Owner Tilman Fertitta, his son Patrick Fertitta and general manager Rafael Stone remain fond of Harden and are fans of what he can do on the court, Amick adds, but the organization decided to go in another direction with its $64MM in cap room.

Harden had been hoping to create a bidding war between the Sixers and Rockets to wind up with one last mega-deal — something in the range of $200MM over four years — according to Yaron Weitzman of Fox Sports. As of late May, Harden hadn’t communicated his intentions to Philadelphia’s front office, Weitzman adds, and there was concern than he planned to leave even after Nick Nurse replaced Doc Rivers as head coach.

However, Rockets executives have been letting the league know for several months that they weren’t convinced Harden was headed there, according to Weitzman’s sources. Also, per Weitzman, the Rockets have informed agents that they’re not interested in offering contracts longer than two years so they won’t run into a salary crunch when their young players start becoming eligible for extensions.

Amick reports that Harden had a desire to be traded to the Suns before they acquired Bradley Beal and that Kevin Durant was on board with the move. It also would have represented a homecoming for Harden, who played at Arizona State and still has a home in the Phoenix area, but Amick states that the Sixers never talked to the Suns about a possible deal before the Beal opportunity arose.

Shams Charania of The Athletic says Philadelphia has already started trade discussions and mentions the Clippers and Heat as the most likely destinations (Twitter link). He adds that there’s an understanding around the league that a player of Harden’s caliber will eventually reach his “preferred destination,” which seems to favor L.A.

Miami isn’t expected to aggressively pursue Harden, tweets Barry Jackson of The Miami Herald, who adds the Heat are preserving their assets in case there’s an opportunity to acquire Damian Lillard from the Trail Blazers.