- Pacers forward Pascal Siakam is still getting adjusted to playing with point guard Tyrese Haliburton. Siakam has been dazzled by Haliburton’s creativity, Tim Bontemps of ESPN writes. “I’ve just got to like always be ready and we’ve got to figure out rhythms. Him understanding my rhythms and me understanding also his rhythms,” Siakam said. “I definitely haven’t played with someone like him before, so I’m just learning on the fly and, and I think the more we’re out there we’ll get comfortable.”
The Pacers looked “lifeless” during a 22-point home loss to Golden State on Thursday, according to Dustin Dopirak of The Indianapolis Star. While it’s unlikely that Buddy Hield would have made up those 22 points and changed the outcome of Thursday’s game, the team seemed to be missing his “infectious spirit” hours after he was traded to Philadelphia, Dopirak observes.
“People just think about on the court,” Pacers center Myles Turner said in discussing Hield. “People don’t think about chemistry and energy and what he brings to our locker room, to our team. … His energy’s infectious. It’s something we’re definitely going to be missing. We gotta find a way to make it up somehow, someway. He’ll definitely be missed.”
The decision to trade the veteran sharpshooter to a conference rival was a bit of a curious one for a team that held the No. 6 seed in the East entering the deadline and was right on the heels of the No. 5 Sixers, Hield’s new team. However, Gregg Doyel of The Indianapolis Star has heard that Hield, who was unable to come to terms on an extension with Indiana earlier in 2023/24, asked to be dealt.
Explaining the move in the wake of the trade deadline, Pacers general manager Chad Buchanan referred to it as a “tough” decision to move Hield, but strongly hinted that the team wasn’t confident about its ability to re-sign him beyond this season. He said he hopes the Pacers players understand that the move – which netted multiple second-round picks – can pay dividends in the long run.
“Our team has done a great job of putting us in position to be a contender for a playoff spot,” Buchanan said. “Today was one of those decisions that maybe feels like it wasn’t helping the team now, but we’re trying to look long term and I can’t emphasize that enough with this group.
“… Any time you acquire draft capital, that puts you in position to make moves down the road to improve your team. I think you saw a lot of moves (Thursday) that involved a lot of second-round picks. There were players obviously involved, but draft capital is a really important thing to building a team and we acquired a lot of that today that we think could be beneficial down the road to help build the team. We acquired a pick last year at the draft that helped us obtain Pascal (Siakam). Draft capital is very valuable currency in the transaction business in our league.”
Here’s more on the Pacers:
- The Pacers also acquired Doug McDermott in their three-team deal with Philadelphia and San Antonio. They began pursuing McDermott, another three-point specialist, after realizing they wouldn’t be keeping Hield, according to Buchanan. “We knew when there was a possibility we were losing the caliber of shooter we were losing in Buddy, your first instinct is, ‘Can you replace it?'” the GM said, per Dopirak. “There were candidates we looked at for that. Some were available, some were not. Doug is a guy who Rick (Carlisle) has coached before, we’ve obviously had him here as a Pacer before, but he’s never played with our group. He’s super-excited to come play with this group, the way we play, the way the ball moves, the pace we play at.”
- The Pacers made their biggest in-season trade in January when they acquired Siakam from Toronto. As Dopirak relays, Buchanan also discussed that move this week, confirming that they view the forward as someone who will be with the team long-term: “That’s still the goal. He’s been a great fit so far. I think he’s happy so far.”
- In a separate story for The Indianapolis Star, Dopirak takes a look at the impact Indiana’s deadline moves will have on the team going forward. As Dopirak points out, although the Pacers received three second-round picks for Hield, they used one to bring in McDermott and sold another second-rounder to Golden State for cash. That means, with Cory Joseph and Furkan Korkmaz already waived and McDermott unlikely to be re-signed, the only deadline asset the Pacers will be left with beyond this season is a single second-rounder.
FEBRUARY 9: The Pacers have officially waived Korkmaz, the team confirmed today in a press release.
FEBRUARY 8: The Pacers will waive shooting guard Furkan Korkmaz after they officially acquire him from the Sixers, sources tell Adrian Wojnarowski of ESPN (Twitter link).
Indiana agreed to trade Buddy Hield to Philadelphia in exchange for Marcus Morris, Korkmaz, and three second-round picks. Given that the Pacers immediately made a deal to flip Morris to San Antonio and will cut Korkmaz, it’s clear those draft picks were the assets they were after, with the two former 76ers just viewed as salary-matching pieces.
Korkmaz has been with the Sixers since 2017 and played a regular rotation role for several seasons from 2019-22. However, his minutes have significantly declined in the past two seasons. In 2023/24, he has averaged 2.5 points per game on .395/.350/.700 shooting in 35 appearances off the bench (8.6 MPG).
Korkmaz is on an expiring $5,370,370 contract, so Indiana will be on the hook for that cap hit once he clears waivers.
The 26-year-old will be eligible to sign as a free agent with any NBA team except the Sixers, though he likely wouldn’t have pursued a reunion with his former team anyway, given that he has sought a trade out of Philadelphia multiple times in recent years.
Buddy Hield rejected a “significant” extension offer from Indiana in the fall, and with a lucrative new deal for Pascal Siakam to account for, the Pacers’ ability to retain Hield as a free agent this offseason was in doubt, which is why they sent him to the Sixers on Thursday, writes Jake Fischer of Yahoo Sports.
Philadelphia, which doesn’t currently have any guaranteed money on its books beyond 2023/24 besides Joel Embiid‘s contract, is much better positioned to retain Hield, though the 76ers will likely consider many options with their projected cap room.
Echoing Chris Haynes of Bleacher Report (Twitter video link), Fischer says star forward Paul George figures to be a top target for the Sixers if he doesn’t sign an extension with the Clippers in the coming weeks or months. Nuggets wing Kentavious Caldwell-Pope, who holds a player option for 2024/25, has also been mentioned as a possible Philadelphia target, per Fischer.
The Sixers wouldn’t be the only team in play for George if he reaches free agency, according to Fischer, who suggests there have been whispers that the veteran is intrigued by the possibility of returning to Indiana and teaming up with Tyrese Haliburton. Such a move would be tricky – but certainly not impossible – from a cap perspective.
Philadelphia’s offseason outlook will hinge in part on what the team’s plans are for Tobias Harris. According to Fischer, the Sixers weren’t willing to include him in a deadline deal that would have sent him to Detroit, with Pistons wings Bojan Bogdanovic and Alec Burks going to Philly. The Pistons may be in the mix for Harris in free agency this summer, Fischer notes, adding that Hornets forward Miles Bridges is another player expected to be on Detroit’s radar.
Here are a few more post-deadline items of interest from Fischer:
- Multiple front offices came away from their conversations with the Hawks believing that Atlanta could make star guard Trae Young available this summer, says Fischer. However, he cautions that could “prove to be wishful thinking,” since the information is coming from rival teams rather than from the Hawks themselves. If Young were to hit the trade market, the Lakers and Spurs are among the clubs widely viewed as potential fits, Fischer adds.
- League personnel anticipate that the Lakers will resume conversations with the Hawks about Dejounte Murray in the offseason, according to Fischer, who notes that the Pelicans could revisit their Murray talks at that point too. Atlanta is known to value multiple players on New Orleans’ roster, league sources Fischer, though one of those players – Naji Marshall – will be an unrestricted free agent this July.
- Although there were several teams open to the idea of acquiring D’Angelo Russell, many front offices viewed his $18.7MM player option for 2024/25 as having negative value, Fischer reports. That thinking, along with Russell’s strong recent play, factored into the Lakers‘ decision to hang onto him through the deadline.
- In addition to the recently released players who will hit the free agent market shortly, center Bismack Biyombo, forward Rudy Gay, and swingman Danny Green are among the veterans who were waived earlier in 2023/24 and continue to seek new NBA homes, Fischer writes, singling out Biyombo as a player expected to generate interest.
Following the expiration of his second 10-day contract with Indiana on Wednesday night, veteran forward James Johnson has re-signed with the Pacers, the team announced in a press release.
As expected, veteran point guard Cory Joseph was waived to open up a spot on the 15-man roster for Johnson. Indiana acquired Joseph from Golden State along with $5.68MM in cash earlier in the day.
Johnson has now signed four separate contracts with Indiana since the 2023/24 season began. He originally inked a non-guaranteed minimum-salary contract on December 15, but was waived to accommodate the trade for Pascal Siakam a month later. Johnson returned to the Pacers on a pair of 10-day contracts and now that he’s ineligible to sign another 10-day pact, has finalized a rest-of-season deal with the club.
Johnson, who will turn 37 later this month, doesn’t see much action for the Pacers, having logged just 24 total minutes across five appearances so far this season. However, he’s a valued veteran presence in the locker room and brings some toughness and physicality to a relatively young team.
A prorated minimum-salary contract for Johnson will pay him $1,230,816 the rest of the way and will count toward Indiana’s cap for $777,703.
The Pacers now have a full 15-man roster, but they’re expected to open up a spot by waiving Furkan Korkmaz, who was acquired from Philadelphia on Thursday.
The Pacers, Sixers, and Spurs have folded a pair of separate trade agreements into a single transaction, announcing in a series of press releases that the deals sending Buddy Hield to Philadelphia and Doug McDermott to Indiana have been officially completed as a three-team trade.
The Pacers initially agreed to acquire Marcus Morris, Furkan Korkmaz, three second-round picks, and cash from Philadelphia in exchange for Hield, then reached a deal to flip Morris, one of those second-rounders to San Antonio, and cash for McDermott. Those three pieces will go directly to the Spurs instead.
Here are the full details:
- Sixers acquire Hield.
- Pacers acquire McDermott, Korkmaz, the Raptors’ 2024 second-round pick (from Sixers), the Trail Blazers’ 2029 second-round pick (from Sixers), and cash (from Sixers).
- Spurs acquire Morris, the Clippers’ 2029 second-round pick (from Sixers), and cash (from Sixers).
The 2024 second-round pick going from Philadelphia to Indiana technically includes “most favorable” language and could come from a different team, but there’s essentially no chance it won’t be Toronto’s second-rounder, given their place in the standings.
Folding the two trades into one deal doesn’t materially change much, but it will introduce one notable new wrinkle. If Morris had been traded to Indiana, then sent to San Antonio in a separate deal, he would’ve been eligible to re-sign with the Sixers in the event the Spurs buy him out. However, due to the structure of the deal, he now won’t be permitted to sign with Philadelphia if he’s waived by San Antonio.
A player is prohibited from rejoining a team that traded him if his new team waives him, but if he’s traded twice before being cut, he’s only ineligible to join the club that traded him most recently.
Korkmaz, who is being waived by the Pacers, will also be prohibited from re-signing with the Sixers, though as we noted in a separate story, that was never a likely outcome.
For more details on the Hield and McDermott deals, check out our full stories on the trade agreements.
5:53pm: The trade is official, the Warriors confirmed in a press release (Twitter link).
3:47pm: The Pacers intend to waive Joseph, according to ESPN’s Adrian Wojnarowski (Twitter link). Essentially then, Indiana’s motive in the deal was to sell off the worst of its 2024 second-round picks.
2:23pm: The Pacers are acquiring veteran guard Cory Joseph from the Warriors, according to The Athletic’s Shams Charania. Indiana is sending out a second-round pick for Joseph and cash (Twitter links).
The pick will be in this year’s draft and will be the least favorable of the three second-rounders the Pacers currently control, per Anthony Slater of The Athletic (Twitter links). That second-rounder will likely be Milwaukee’s or Cleveland’s.
The Pacers are receiving $5.8MM in cash from Golden State and will also acquire Charlotte’s top-55 protected 2025 second-rounder, reports John Hollinger of The Athletic (Twitter link).
Golden State will reduce its luxury tax penalty by $13.5MM by lopping off Joseph’s $2MM cap hit, Yossi Gozlan of Hoops Hype tweets. The Warriors now have a $172.8MM projected luxury tax penalty with a $379MM combined payroll and tax payments.
Indiana has a roster spot opening, so it doesn’t need to waive a player to make room for Joseph. The Pacers have plenty of depth at point guard, so it’s unclear whether it has any plans for the 32-year-old. Joseph has appeared in 26 games off the bench this season, averaging 2.4 points and 1.6 assists in 11.4 minutes.
Joseph played the past two seasons and part of the previous campaign with Detroit.
The Pacers will acquire Doug McDermott from the Spurs, tweets ESPN’s Adrian Wojnarowski.
San Antonio will receive Marcus Morris, a second-round pick, and cash in return, sources tell Shams Charania of The Athletic (Twitter link). One of the picks is in 2029, according to Jake Fischer of Yahoo Sports (Twitter link).
Morris, whom Indiana is acquiring from Philadelphia in the Buddy Hield trade, will likely be bought out by San Antonio, Charania adds (Twitter link).
If Morris becomes a free agent, he would be ineligible to return to the Pacers or join the seven teams operating above the first or second tax apron: the Celtics, Nuggets, Warriors, Clippers, Heat, Bucks and Suns. Morris would be able to return to the Sixers if the trades involving Hield and McDermott are separate, rather than one three-team transaction.
The Pacers will create a $3.4MM trade exception in the deal, according to Yossi Gozlan of HoopsHype (Twitter link). They also get a useful shooter after sending Hield to Philadelphia, while adding some draft assets.
McDermott returns to Indiana, where he spent three seasons before leaving for San Antonio in a sign-and-trade deal in 2021. The 32-year-old forward has seen his playing time reduced this season, but he’s a career 41.2% career shooter from long distance and is connecting at 43.9% through 46 games this season.
Although Morris is unlikely to join the Spurs, it’s something of a reunion for him as well. Gozlan notes that he was close to signing with San Antonio five years ago before changing his mind.
The Pacers and Sixers have agreed on a trade that will send sharpshooter Buddy Hield to Philadelphia, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that Indiana will receive forward Marcus Morris, guard Furkan Korkmaz, and three second-round picks.
The Sixers will also sent the Pacers $1.5MM in cash, a league source tells Keith Pompey of The Philadelphia Inquirer (Twitter link). Pompey reports that the draft picks involved in the deal will be the Raptors’ 2024 second-rounder, and the Clippers’ and Trail Blazers’ 2029 second-rounders.
Shams Charania of The Athletic first reported (via Twitter) that the two teams were nearing a deal for Hield.
Although he’s having a down year relative to his career rates, Hield remains one of the NBA’s most dangerous outside shooters. The 31-year-old is averaging 12.0 points, 3.2 rebounds, and 2.7 assists in 25.7 minutes per night (52 games) so far in 2023/24, with a 38.4% three-point rate on 6.9 attempts per contest.
Hield saw his role cut back this season on a deep Indiana roster — his 9.9 field goal attempts per game represent his lowest mark since he was a rookie in 2016/17.
However, he’s a career 40.1% three-point shooter and has knocked down at least 262 total threes in each of the past five seasons prior to this one. His now-former teammate Tyrese Haliburton raved this week about Hield’s ability to space the floor and create room for others to operate.
The Sixers had been in the market for size and shooting ahead of the trade deadline and will achieve one of those goals without compromising their projected cap room for this offseason, since Hield – like Morris and Korkmaz – is on an expiring contract. They also didn’t have to give up a first-round pick, which Indiana had been seeking for Hield as recently as Wednesday, tweets Kyle Neubeck of PHLY Sports.
As cap expert Yossi Gozlan notes (via Twitter), Hield’s $19.3MM cap hit for this season will be adjusted upward to $19.8MM as a result of the trade, since some of the playoff-related bonuses in his contract that were considered unlikely will now be deemed likely. Hield is extension-eligible through June 30, though he’d be limited to a two-year deal and 5% raises if he inks a new deal prior to free agency.
Philadelphia remains about $1.6MM above the luxury tax line, Gozlan adds (via Twitter), and can create a $5.4MM trade exception in the deal.
Hield had long been considered a trade candidate for the Pacers, who explored a preseason extension with the veteran shooting guard and couldn’t agree to terms. Recognizing that they likely wouldn’t keep Hield beyond this season, Indiana decided to get what it could for him now.
The Pacers won’t have to waive a player to complete the deal, since they have two open spots on their 15-man roster following the expiration of James Johnson‘s 10-day contract on Wednesday night.
It’s unclear if Indiana intends to hang onto both Morris and Korkmaz. A physical, versatile forward and a Philadelphia native, Morris averaged 6.7 PPG and 2.9 RPG on .439/.400/.861 shooting in 37 games (17.2 MPG) for the Sixers this season, while Korkmaz chipped in 2.5 PPG on .395/.350/.700 shooting in 35 contests (8.6 MPG).
Morris is making $17.1MM; Korkmaz’ cap hit is $5.4MM.
The Mavericks and Hornets have discussed various P.J. Washington trade concepts that include a future first-round pick from Dallas, league sources tell Michael Scotto of HoopsHype.
According to Scotto, if Charlotte is going to agree to take back Richaun Holmes, who holds a $12.9MM player option for next season, in exchange for Washington, the Hornets want that Dallas first-rounder to be unprotected. The Mavs have resisted that idea so far, Scotto writes, adding that Seth Curry has also been part of those trade discussions between the two teams.
While Scotto doesn’t say that Grant Williams has come up in the trade talks between the Mavs and Hornets, he suggests it wouldn’t be a surprise if that’s the case, since Dallas has talked about Williams with multiple teams already.
In addition to Washington, the Mavs have expressed interest in Raptors wing Bruce Brown and Knicks wing Quentin Grimes, among others, Scotto reports. League sources tell HoopsHype that Dallas explored acquiring Grimes in exchange for a package headlined by Josh Green, but New York turned down the proposal.
Here’s more from Scotto, with just hours to go until Thursday’s trade deadline:
- Although Buddy Hield is considered Indiana’s top trade candidate, rival executives think the Pacers might move some of their frontcourt depth, with Obi Toppin and Jalen Smith among the players believed to be available, Scotto writes. Lottery pick Jarace Walker, on the other hand, remains off limits based on what the Pacers are telling other clubs, league sources tell HoopsHype.
- The Hornets have expressed interest in Bones Hyland, according to Scotto, who says the Clippers are seeking a pair of second-round picks in exchange for the third-year guard.
- Despite some speculation that the Nets are interested in D’Angelo Russell, Brooklyn hasn’t had any “substantive” talks with the Lakers and/or Hawks about getting involved in a potential Dejounte Murray trade to acquire Russell, Scotto reports.
- The Pistons and Grizzlies continue to talk about a possible Killian Hayes trade, with second-round draft compensation serving as the sticking point, per Scotto.