International Rumors | Hoops Rumors

Cavaliers Sign Cedi Osman

July 18th, 2017 at 11:30am CST by Luke Adams

JULY 18: The Cavaliers have officially announced their new deal with Osman, issuing a press release to confirm the signing.

JULY 12: The Cavaliers have agreed to sign draft-and-stash prospect Cedi Osman to a three-year contract worth $8.3MM, sources tell Brian Windhorst of ESPN (Twitter link). Jeff Zillgitt of USA Today adds (via Twitter) that there are no options in the deal.

Osman’s contract, which was first reported by Turkish outlet beIN Sports, will be finalized using a portion of the Cavaliers’ mid-level exception. With no cap room available, Cleveland had the ability to sign Osman using either the MLE or the minimum salary exception. The mid-level will allow the club to give him more than two years and more than the minimum salary.

A 22-year-old wing, Osman was the 31st overall pick in the 2015 draft but has remained overseas since then, playing for Anadolu Efes in Istanbul. In 2016/17, Osman was the club’s leading scorer in Turkish League play, averaging 13.4 PPG and shooting 38.7% on three-pointers in 34 games.

While it remains to be seen whether Osman will be able to contribute immediately in Cleveland, his arrival provides a much-needed injection of youth to an aging Cavaliers roster. With only the $5.192MM taxpayer mid-level exception available to add free agents, few valuable trade chips in hand, and no 2017 draft picks, the Cavs’ ability to add young talent this offseason was very limited.

Of course, while Osman’s new deal looks modest on the surface, the Cavs’ tax position makes it exponentially more expensive. As a repeater taxpaying team that’s already way over the tax threshold, the Cavs would pay more than $4.25 per dollar in tax penalties on Osman’s 2017/18 salary, as things stand.

Current projections have the Cavs on the hook for a $70MM+ tax bill and more than $210MM+ in total salary and taxes, per Bobby Marks of ESPN. The club could reduce its projected tax bill by dumping salary at some point, but that won’t be easy.

It’s also worth noting that the Cavs will contribute about $700K to Osman’s international buyout, according to Windhorst. Teams are permitted to pay up to $675K to a player’s international buyout this season without it counting against the cap (or having to pay tax on that contribution), so Cleveland likely chipped in that amount.

International Notes: Huertas, Hamilton, Langford

July 18th, 2017 at 8:53am CST by Luke Adams

Veteran guard Marcelo Huertas, who appeared in 76 games for the Lakers over the last two seasons, appears to be headed back overseas. According to international basketball journalist David Pick (Twitter link), Huertas is joining Spanish team Unicaja Malaga, this year’s EuroCup winners.

Huertas averaged 16.4 MPG in 53 contests during his first year in L.A., but saw his role reduced in 2016/17, playing in just 23 games before he was traded to Houston. The Rockets immediately waived Huertas, giving him the opportunity to return to Europe.

Here are a few more updates on international transactions with NBA connections:

Having been traded by the Nets and waived by the Raptors already this month, center Justin Hamilton appears poised to land in China. Eurohoops passes along a report from Sport 24 that suggests Hamilton is on the verge of signing a lucrative contract with the Beijing Ducks.
Another notable player is making the move to China, according to David Pick, who reports (via Twitter) that Euroleague scoring leader Keith Langford has agreed to a $2.1MM deal with the Shenzhen Leopards. Langford, 33, has had a long and successful career overseas, appearing only briefly in the NBA with the Spurs in 2007/08.
Veteran forward Cory Jefferson has signed in Italy with EA7 Milano, a source tells David Pick (Twitter link). It’ll be the first stint in Europe for Jefferson, who played for the Nets and Suns between 2014 and 2016 and was in camp with the Cavaliers last year.

Pacific Notes: Rondo, Clark, Caldwell-Pope, Perry

July 16th, 2017 at 12:08pm CST by Arthur Hill

The Lakers will have to find another option at point guard now that Rajon Rondo has signed with the Pelicans, writes Mark Medina of The Orange County Register. L.A. had talked to Rondo about serving as a mentor to a young roster and especially to rookie Lonzo Ball. Attention may now turn to re-signing 22-year-old Tyler Ennis, who was obtained from Houston in a February trade. Ennis averaged 7.7 points and shot 45% from the field in 22 games with the Lakers.

Other options include Rodney Stuckey and Ian Clark, although L.A. has only the $4.3MM room exception to offer apart from veterans minimum deals. The Lakers currently have 12 players under contract for the upcoming season, along with Alex Caruso signed to a two-way deal.

There’s more from the Pacific Division:

After struggling to make a roster in the early part of his NBA career, Clark is in position for a big payday, writes Joe Rexrode of The USA Today Network. The Lakers and Bucks are among the teams that have expressed interest in the free agent shooting guard, whose chance to return to the Warriors likely ended when Golden State signed Nick Young. “I can’t worry about this, I just have to let it fall into place,” Clark said. “At some point you stop worrying about surviving in this league and get determined to make your mark in it.”
The one-year, $18MM deal that Kentavious Caldwell-Pope signed with the Lakers includes a 15% trade kicker and a 50% advance, tweets Bobby Marks of ESPN.com.
Marcelo Huertas, who spent parts of the past two seasons with the Lakers, has signed with EuroCup champions Unicaja Malaga in Spain, tweets international basketball writer David Pick.
Scott Perry had a strong influence on the Kings during his three months as vice president of basketball operations, according to Ailene Voisin of The Sacramento Bee. Perry left this week to become GM of the Knicks, with Sacramento receiving a 2019 second-round pick and cash considerations in return. During Perry’s time with the Kings, Voison says he pushed for the free agency additions of veterans Zach Randolph, Vince Carter and George Hill and was a “strong advocate” for drafting De’Aaron Fox with the No. 5 pick. “This is a great opportunity for Scott professionally,” said GM Vlade Divac, “and it gets him back east, closer to his daughter. I was not going to stop him. The only thing I feel bad about is that we had everything in place in our front office. Our front office is strong. Now I have to find someone who can come in and do the things Scott did for us.”
The injury that forced Kings center Georgios Papagiannis to leave Friday’s summer league game has been diagnosed as just a bruise, according to a post on the team’s website.

Sergio Rodriguez Heading Back Overseas

July 15th, 2017 at 1:47pm CST by Dana Gauruder

Unrestricted free agent point guard Sergio Rodriguez has agreed to a three-year contract with CSKA Moscow, international journalist David Pick tweets.

Rodriguez, who played for the Sixers last season, reportedly preferred to stay in the NBA but CSKA Moscow made a strong push for him after losing its starting point guard, Milos Teodosic, to the Clippers this summer.

The former Euroleague MVP had not played in the NBA since the 2009/10 season before he signed with the Sixers. He appeared in 68 games last season, including 30 starts, and averaged 7.8 PPG and 5.1 APG in 22.3 MPG. Philadelphia filled its point guard spot by moving up to draft Markelle Fultz No. 1 overall.

There didn’t appear to be a whole lot of interest in Rodriguez, 31, in the free agent market as it was flooded with point guards. He played for Real Madrid from 2010-16.

FA Rumors: Muhammad, Farmar, Mbah a Moute, Allen

July 12th, 2017 at 10:56pm CST by Arthur Hill

The Hawks, Nets, Bucks, Knicks and Magic have all expressed interest in swingman Shabazz Muhammad, according to Marc J. Spears of ESPN.com (Twitter links). The Bulls are on that list as well, tweets Alex Kennedy of Hoops Hype. Muhammad became an unrestricted free agent last week when Minnesota pulled his qualifying offer to create enough cap room to sign Taj Gibson. He has been with the Wolves for all four of his NBA seasons and averaged 9.9 points in 78 games last year.

There’s more tonight on the free agent front:

Jordan Farmar is hoping to return to the NBA and spoke to Lakers coach Luke Walton today about a possible opportunity, Kennedy relays (Twitter link). The 30-year-old point guard played two games for the Kings in November of last season.
The Raptors have talked about making a play for former Clippers forward Luc Mbah a Moute, reports Michael Grange of Rogers Sportsnet (Twitter link).
The Clippers and Timberwolves are both considering Tony Allen, according to Tim MacMahon of ESPN.com (Twitter link). Coaches Doc Rivers in L.A. and Tom Thibodeau in Minnesota have connections with Allen from their time with the Celtics.
Veteran point guard Beno Udrih is talking to several teams in Las Vegas, tweets Steve Kyler of Basketball Insiders. Now 35, Udrih believes he can play for several more years. He got into 39 games with the Pistons last season.
Former Baylor standout Royce O’Neale is considering several NBA offers, according to Kyler (Twitter link). The 24-year-old forward went undrafted in 2015 and has been playing in Lithuania, but he has an NBA opt-out in his contract through July 20th.

International Notes: Marbury, Randolph, Austin, Vesely, Goudelock, Griffin

July 11th, 2017 at 5:05pm CST by Joshua Fischman

Two-time NBA All-Star Stephon Marbury will reportedly sign with the Chinese Basketball Association’s Beikong Fly Dragons, reports international basketball journalist David Pick (link via Twitter). This will be Starbury’s ninth season playing in China.

Marbury had played for the Beijing Ducks since 2011, but is now set to join his fourth different Chinese team. Since coming over to China, the star point guard has won three CBA championships, made six all-star teams, and been named both a CBA Foreign MVP and a CBA Finals MVP.

What else do you need to know from the international basketball scene?:

Former NBA player Shavlik Randolph will be joining Marbury with the Fly Dragons, as he has signed a contract with Beikong, tweets 247 Basketball (link via Sportando).
Former NBA prospect Isaiah Austin has also signed with a Chinese team, the Guanxi Rhinos, reports David Pick (Twitter link). The Rhinos play in the National Basketball League, which is the second-tier league to the Chinese Basketball Association. In November of 2016, Austin was medically cleared to return to basketball after his career had been on hold due to Marfan syndrome.
Three-year NBA veteran Jan Vesely is close to making a final decision that will keep him playing in Turkey despite NBA interest in him this offseason, according to Nikos Varlas of EuroHoops.net.
Former Lakers guard Andrew Goudelock announced on Twitter that he will be joining Olimpia Milano for next season, via Sportando. As first reported by EuroHoops, the deal is expected to be for two years.
Eric Griffin might opt out of his deal with the Italian team, Pallacanestro Cantù, as a result of the significant interest he is receiving from several NBA teams, including the Jazz, according to David Pick (Twitter link). Last season, Griffin was an Israeli Premier League All-Star.

Luis Scola Signs With Chinese Team

July 9th, 2017 at 9:56am CST by Arthur Hill

Veteran forward Luis Scola will play in China next season, according to a tweet from Sportando. The 37-year-old has signed a contract with the Shanxi Brave Dragons in the Chinese Basketball Association.

A 10-year NBA veteran, Scola played 36 games for the Nets last season, averaging 5.1 points and 3.9 rebounds in about 13 minutes per night. He was waived by Brooklyn on February 27th.

An Argentinian star and a veteran of international basketball, Scola was part of the gold-medal winners at the 2004 Summer Olympics. He also played for the Rockets, Suns, Pacers and Raptors.

And-Ones: Clark, Shved, Bogdanovic

July 6th, 2017 at 11:04pm CST by ChrisCrouse

Add Warriors guard Ian Clark to the list of wing players who interest the Timberwolves, tweets Darren Wolfson of 5 Eyewitness News. C.J. Miles remains their prime target, but Minnesota doesn’t have enough cap room left to make a competitive offer. The Wolves have discussed a sign-and-trade that would send center Cole Aldrich and Oklahoma City’s 2018 first-rounder to Indiana in exchange for Miles, according to an ESPN report.

Here’s more from around the league:

Alexey Shved may void the final year of his contract with Khimki Moscow in order to return to the NBA, a source tells international journalist David Pick (Twitter link). Shved last played in the NBA for the Knicks during the 2014/15 campaign.
The Kings are covering all of Bogdan Bogdanovic‘s $850K NBA buyout with Fenerbahce, a source tells Pick (Twitter link). Sacramento signed the swingman to a three-year deal worth $27MM, which is the richest contract for a rookie in league history.
Phil Ricci will join the Kings’ coaching staff as an assistant player development coach, James Ham of NBC Sports tweets. Ricci played professionally abroad for several seasons before coaching at the high school level.
Grizzlies GM Chris Wallace has penned a thank you letter to Zach Randolph for his contributions over the past eight years. The note, which is posted on the team’s website, credits Randolph for helping to establish Memphis’ “grit and grind” identity. Randolph agreed to a two-year, $24MM deal with the Kings on Tuesday. The Grizzlies also announced today that Randolph’s number will be retired.

Arthur Hill contributed to this post

Eastern Rumors: Ellington, Haslem, Smart, Hawks

July 6th, 2017 at 8:20am CST by Luke Adams

The belief among Heat players is that Wayne Ellington will be back with the team next season, tweets Tim Reynolds of The Associated Press. Ellington is a candidate to be released within the next 48 hours or so, since his $6.27MM salary for 2017/18 – currently non-guaranteed – will become fully guaranteed if he remains under contract.

Even if the Heat ultimately decide that they need to waive Ellington to create some extra cap room for another move, that doesn’t necessarily rule out his return — the team could eventually re-sign him to a deal worth the $4.3MM room exception, if he’s open to accepting a pay cut.

Here’s more from around the Eastern Conference:

Reynolds provides another Heat-related tidbit, tweeting that Udonis Haslem is on the Cavaliers‘ radar. Haslem, who has spent his entire career in Miami, wants to stay with the Heat, and that looks like the most probable outcome. But a conversation between Haslem and the Cavs is likely, per Reynolds.
On Wednesday, an ESPN report indicated that the Celtics had called the Knicks about Marcus Smart, but New York’s level of interest in Smart was unclear. Following up on that story, Marc Berman of The New York Post reports that the Knicks do indeed have interest in Smart and are considering trade options as a way of filling part or all of their remaining cap space.
Italian forward Nicolo Melli received a contract offer from the Hawks, according to international basketball journalist David Pick (Twitter link). However, Pick reports that Melli has turned down that offer and will sign a multiyear pact with Fenerbahce in Turkey. Per Sportando (Twitter link), Melli’s new deal isn’t done yet, but will be within a few days.
The Raptors are the latest team to line up a deal to add a sponsored patch to their jersey, according to TSN’s Rick Westhead, who reports that Toronto has signed a three-year agreement with insurance company Sun Life Financial. The deal will pay Raptors ownership more than $5MM annually, sources tell Westhead. The list of NBA clubs that have agreed to jersey sponsorship deals can be found here.

Sixers Sign Furkan Korkmaz To Rookie Contract

July 4th, 2017 at 3:41pm CST by Luke Adams

JULY 4, 3:41pm: The Sixers have officially signed Korkmaz to his rookie contract, the team announced today in a press release.

JUNE 30, 1:25pm: The Sixers aren’t quite ready to confirm an agreement with Korkmaz, with both Keith Pompey of The Philadelphia Inquirer and Jessica Camerato of CSPhilly.com reporting (via Twitter) that the team is still working on the details of his FIBA clearance and buyout. However, both Pompey and Camerato hear that it “very well” may happen.

12:51pm: A cryptic tweet from Furkan Korkmaz‘ agent today appears to signal that the 2016 first-rounder will be coming to Philadelphia for the 2017/18 season. Agent Misko Raznatovic took to Twitter to announce that Sixers fans will have a reason to drink Turkish beer, a reference to his client Korkmaz, who is a Turkish shooting guard. Anadolu Efes, Korkmaz’ current team in Turkey, has since confirmed that he’ll be headed to the NBA, according to David Pick (Twitter link).

Korkmaz had expressed a strong desire to come stateside this year, and head coach Brett Brown indicated after last week’s draft that he expected the 19-year-old to make the leap to the NBA. Korkmaz, who spent the 2016/17 season on loan to Banvit, averaged 10.8 PPG and shot 39.8% on three-pointers in 21 Turkish League games.

Korkmaz’ buyout with Anadolu Efes was believed to be a roadblock in the way of his potential move to the Sixers. That buyout is reportedly worth two million euros, and NBA teams are only allowed to pay up to $675K of an international buyout. For Korkmaz to officially sign with the Sixers, he’ll have to pay off the rest of the buyout himself, likely in installments. Eurohoops reports that the two sides are in negotiations now on that buyout.

Assuming Korkmaz finalizes a deal, he’ll be subject to the 2017/18 rookie scale. As the 26th overall pick last year, Korkmaz would be in line for the same contract as Caleb Swanigan, this year’s No. 26 pick. As I detailed last week, that deal figures to be worth $1,465,920 in 2017/18, and a total of $8,904,867 over four years.

While Korkmaz is poised to sign with the Sixers, one of the team’s 2017 first-rounders, Anzejs Pasecniks, is said to be staying in Spain for the upcoming season.