Raptors Notes: VanVleet, Schroder, Anunoby, Coaching Staff
The Raptors and Rockets both increased their offers to Fred VanVleet Friday night before he decided to sign with Houston, according to Michael Grange of Sportsnet.ca.
Toronto had been hesitant to exceed $90MM over three years, with one source describing it to Grange as a “glass ceiling.” Although VanVleet is one of the most accomplished players in franchise history, he has missed 30 combined games due to injury over the last two years and he shot career lows both from the field and from three-point range last season. There were also concerns that going beyond that limit would inhibit the team’s ability to make other moves, such as re-signing center Jakob Poeltl.
The situation changed when rumors of James Harden returning to Houston died down and the Raptors realized that VanVleet had become the Rockets’ number one target. During a meeting with VanVleet shortly after the start of free agency, Raptors officials presented him with an expanded offer that brought it to $120MM for four seasons.
Sources tell Grange that VanVleet next met with the Rockets, who also added a year to their offer, increasing it to three years at nearly $129MM. After nearly three hours of waiting, the Raptors learned that they were losing their starting point guard.
There’s more from Toronto:
- Lakers players will miss Dennis Schröder, whom the Raptors quickly signed as VanVleet’s replacement, per Dave McMenamin of ESPN. Austin Reaves called Schroder “one of the best teammates I’ve met” and said his commitment to winning over everything else made him stand out.
- Before OG Anunoby finalized a change in his representation, he told prospective agents that he wants a situation with more ball-handling and playmaking responsibilities when he signs his next contract, according to Jake Fischer of Yahoo Sports. VanVleet’s departure and the addition of Darko Rajakovic as head coach might provide that opportunity for Anunoby in Toronto, Fischer suggests.
- James Wade is the latest addition to Rajakovic’s coaching staff, tweets James Kay of TheNextHoops. Wade had been the general manager and head coach of the WNBA’s Chicago Sky.
Trevor Hudgins Accepting QO From Rockets
Rockets two-way player Trevor Hudgins has accepted his qualifying offer from the team, his agent tells ESPN’s Adrian Wojnarowski (Twitter link). The offer will amount to another one-year deal as a two-way player with a small salary guarantee.
Hudgins signed with Houston last summer after going undrafted out of Northwest Missouri State. He spent the season almost entirely in the G League, where he averaged 19 PPG for Rio Grande Valley, but he did see minimal playing time in five NBA games.
The new Collective Bargaining Agreement has given each team a third two-way player, so Hudgins’ spot on the roster may be secure.
The Rockets also made a qualifying offer to Darius Days, their other two-way player from last season.
Rockets To Trade Kenyon Martin Jr. To Clippers
The Clippers have agreed to trade for Rockets forward Kenyon Martin Jr., according to Adrian Wojnarowski of ESPN (Twitter link), who reports that Houston will receive two second-round picks in the deal.
The two second-rounders will be the Clippers’ own 2026 pick and the Grizzlies’ 2027 pick, tweets Andrew Greif of The Los Angeles Times.
The Clippers have a $2,134,843 trade exception they can use to absorb Martin’s salary.
Martin spent three years in Houston after being acquired from the Kings, who selected him with the 52nd pick in the 2020 draft. He served as a valuable bench player for most of his time with the rebuilding Rockets, but became a full-time starter by the end of last season. He posted career highs with 12.7 points and 5.5 rebounds while shooting 56.9% from the field.
Martin is also an electrifying leaper who frequently posted highlight-worthy slams. He participated in this year’s Slam Dunk Contest, but didn’t get past the preliminary round.
The 22-year-old forward will get his first experience on a contender in L.A. He’ll provide additional depth behind Kawhi Leonard and Paul George, who both have a long history of battling injuries.
On Thursday, the Rockets picked up Martin’s $1.93MM option for 2023/24, so he’s set to be unrestricted free agent next summer. He will become eligible to sign a four-year extension worth up to $75MM six months after the trade is finalized.
Rockets Sign Jock Landale
JULY 6: Landale is officially a Rocket, according to a press release from the team.
JULY 1: The Rockets have agreed to sign free agent center Jock Landale, reports Shams Charania of The Athletic (Twitter link). Landale was originally tendered a qualifying offer by the Suns, but they withdrew it, making him an unrestricted free agent.
Landale’s new deal will be worth $32MM over four years, according to Charania. However, Adrian Wojnarowski of ESPN clarifies (via Twitter) that only the first season will be fully guaranteed. It will be non-guaranteed in years two and three, with a fourth-year team option, tweets Michael Scotto of HoopsHype.
Landale, 27, had a solid season in Phoenix in 2022/23 as a reserve behind starting center Deandre Ayton, averaging 6.6 points and 4.1 rebounds in 14.2 minutes per game across 69 appearances. He also played well in the Suns’ second-round series loss to Denver, including scoring 13 points on 5-of-6 shooting in the Game 6 loss that ended the team’s season.
Barring a sign-and-trade, it looks like Landale will be signed into the Rockets’ cap room. Although the room exception is worth $7.7MM+ this season, it can only be used to sign contracts up to three years.
Rockets Trading Garuba, Washington, Picks To Hawks
The Rockets are shipping out two young players still on their rookie scale deals, center Usman Garuba and point guard TyTy Washington, plus two future second-round draft picks and $1.1MM in cash considerations, to the Hawks in exchange for the draft rights to 2017 No. 60 pick Alpha Kaba, per Shams Charania of The Athletic and Lauren Williams of The Atlanta Journal-Constitution (Twitter links).
The picks the Hawks will be receiving are the Timberwolves’ 2025 second-round selection and Houston’s own 2028 second-rounder, per Williams. Atlanta has trade exceptions available to absorb Garuba and Washington without sending out any of the team’s own players.
Garuba, 21, might be able to carve out legitimate rotation minutes for a reconfigured Hawks frontline missing longtime starting power forward John Collins, who is being sent to the Jazz. The 6’8″ big man appeared in 75 games off the bench for a rebuilding Houston team last year, his second NBA season. He logged averages of 3.0 PPG on .486/.407/.617 shooting splits, 4.1 RPG and 0.9 APG in 12.9 MPG.
Upon being drafted out of Kentucky with the No. 29 pick last summer, the 6’3″ Washington played sparingly for Houston as a rookie in 2022/23, averaging 4.7 PPG, 1.5 APG and 1.5 RPG in just 31 contests. He posted much more robust numbers with Houston’s G League affiliate, the Rio Grande Valley Vipers, averaging 26.6 PPG, 7.6 APG, 6.6 RPG and 1.6 SPG.
Kaba, a 6’10” power forward/center, is currently playing for Montenegrin club KK Budućnost and seems unlikely to ever play at the NBA level.
For Atlanta, this appears to be an asset-gathering move, as the team adds future draft equity and two intriguing young prospects under cheap team control.
As for the Rockets, Yossi Gozlan of HoopsHype tweets that Houston now has carved out $29MM in available space under the salary cap. The team also opens up a couple extra roster spots and now has 11 players on guaranteed contracts for 2023/24, including Fred VanVleet, whose deal isn’t yet official.
Spurs, Rockets Have Most Remaining Cap Room
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
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
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
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
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.