Memphis Grizzlies Rumors | Hoops Rumors

And-Ones: Brazdeikis, Hall, Harden, Johnson, Lofton Jr.

July 18th, 2022 at 7:58pm CST by Dana Gauruder

After finishing the 2021/22 season in Orlando, Ignas Brazdeikis remains on the free agent market and he’s drawing interest from two EuroLeague teams, according to Donatas Urbonas of BasketNews.com.

Baskonia Vitoria-Gasteiz and Zalgiris Kaunas are the teams pursuing Brazdeikis, though he’d prefer to stay in the NBA. Both Zalgiris and Baskonia are desperately looking for a perimeter player, according to Urbonas. Baskonia is trying to replace Simone Fontecchio, who is signing a two-year deal with the Jazz. Brazdeikis appeared in 42 games with the Magic last season.

We have more from the basketball world:

Former NBA forward Donta Hall has signed a three-year extension with AS Monaco, the team announced in a press release. Hall’s last NBA action came during the 2020/21 campaign, when he played 13 games with Orlando.
James Harden is a bargain? If he takes a pay cut and signs a two-year contract worth approximately $68MM with the Sixers, he’d rank as the best free agent value this offseason, Keith Smith writes in a Spotrac article. Keldon Johnson‘s four-year, $80MM extension with the Spurs and Kevon Looney‘s three-year, $25.5MM deal with the Warriors are also among the summer’s most team-friendly deals, in Smith’s estimation.
There were some eye-popping performances and some clunkers in the final Summer League games played over the weekend. Ethan Fuller of Basketball News takes a look at the “Studs,” including Kenneth Lofton Jr.’s 27-point, 12-rebound performance for the Grizzlies, and “Duds” from those contests.

Keegan Murray Named Las Vegas Summer League MVP

July 18th, 2022 at 1:16pm CST by Luke Adams

Kings forward Keegan Murray has been named the Most Valuable Player of the 2022 Las Vegas Summer League, according to an announcement from the NBA (Twitter link).

Murray, the fourth overall pick in this year’s draft, averaged 23.3 points, 7.3 rebounds, 2.0 assists, and 1.3 steals in his four Summer League games. He also made 50% of his shots from the field and knocked down 40% of his 8.8 three-point attempts per contest.

It was a terrific start for a rookie who figures to play a major role for a Kings team that badly wants to end its 16-year playoff drought. The first player selected after the consensus top three prospects were off the board, Murray was rated behind No. 5 pick Jaden Ivey on some experts’ draft boards, so the two youngsters will likely be measured against one another for at least the first year or two of their professional careers.

Murray looks like he’ll be an excellent fit on a Kings roster led by De’Aaron Fox and Domantas Sabonis, two talented scorers who aren’t elite defenders or reliable outside shooters. The former Iowa standout is capable of stretching the floor and handling a variety of defensive assignments, so he’ll presumably see plenty of action alongside Sacramento’s two stars.

Tari Eason (Rockets), Quentin Grimes (Knicks), Sandro Mamukelashvili (Bucks), and Cam Thomas (Nets) joined Murray on the All-Summer League First Team, according to the league (Twitter links). Thomas and another King, Davion Mitchell, shared the Summer League MVP award in 2021.

This year’s All-Summer League Second Team is made up of Santi Aldama (Grizzlies), Bennedict Mathurin (Pacers), Marko Simonovic (Bulls), Trendon Watford (Trail Blazers), and Lindell Wigginton (Bucks).

Southwest Notes: Jackson Jr., Irving, Poeltl, Wood

July 11th, 2022 at 6:37pm CST by Dana Gauruder

Jaren Jackson Jr. underwent foot surgery after the season but the Grizzlies remain confident he’ll be a major contributor in 2022/23, according to Damichael Cole of the Memphis Commercial Appeal. Jackson is expected to be out four-to-six months due to a stress fracture in his right foot.

“Jaren is going to be just fine,” Grizzlies executive VP of basketball operations Zach Kleiman said. “This is not a concerning injury. Jaren’s already putting in the work to get back. We know he’s going to be even better. Not worried about Jaren. He’s going to be a big part of our group this season.”

We have more from the Southwest Division:

The Nets reached out to the Mavericks regarding a potential Kyrie Irving trade but Dallas showed little interest, Callie Caplan of the Dallas Morning News tweets. Coach Jason Kidd has been emphasizing “chemistry and accountability” and Irving’s reputation would change that mantra. It would also be difficult for Dallas to put together a suitable package.
Jakob Poeltl‘s name has been bandied about in the trade market but he may wind up staying with the Spurs, according to Steve Bulpett of Heavy.com. The Spurs look at Poeltl as a stabilizing force on a rebuilding team. They were asking in the range of a rotation player and a first-round pick for Poeltl at February’s trade deadline and the price could be even higher now.
Officially a member of the Mavericks, Christian Wood took what appeared to be a dig at the Rockets during his introduction to the Dallas media, Caplan writes. Wood is thrilled to join a perennial playoff contender. “I’m thankful I came to a good organization,” he said. Wood is entering the final year of his contract and is extension-eligible this offseason.

Grizzlies, John Konchar Finalize Three-Year Extension

July 7th, 2022 at 5:00pm CST by Rory Maher

5:00pm: Konchar’s extension is now official, per NBA.com’s transactions log.

11:54am: The Grizzlies are signing John Konchar to a three-year, $19MM extension, his agent George Landberg tells ESPN’s Adrian Wojnarowski (Twitter links).

According to Wojnarowski, the deal will be fully guaranteed, and Konchar will now be locked up through the next five seasons, as he still has two years left on his current contract.

As we relayed a few days ago, Konchar’s $2.3MM salary for 2022/23 became guaranteed once he remained on the roster through this past Sunday. He had already been owed a partial guarantee of $840K.

Konchar, 26, went undrafted out of Purdue-Fort Wayne in 2019 after a four-year college career. As shown by Basketball Reference, Konchar is the only known former Mastodon to reach the NBA.

He was a solid role player for the Grizzlies in ’21/22, averaging 4.8 PPG, 4.6 RPG, and 1.5 APG on .515/.413/.551 shooting in 72 games (17.9 MPG). An excellent rebounder for a guard, Konchar holds a career mark of 8.9 boards per 36 minutes.

In addition to his rebounding prowess, Konchar holds impressive career shooting percentages of 61.2% on twos and 40.6% on threes in 134 games (52.2% from the field overall). He’s also an intelligent ball-mover and solid defender, with a career assist-to-turnover ratio of 3.3:1.

De’Anthony Melton, another backup guard, was traded to Philadelphia a couple of weeks ago, so it’s possible that Konchar could have a bigger role next season. Either way, clearly the Grizzlies value his contributions, as evidenced by the fact that Konchar is under contract through ’26/27.

Once the extension becomes official, Konchar won’t be trade-eligible for six months.

Western Notes: Wolves, Morant, Preston, Mahlalela

July 7th, 2022 at 12:38pm CST by Luke Adams

When Rudy Gobert first heard about the proposed deal sending him to the Timberwolves, he told his agent Bouna Ndiaye that he needed a day or two to think about it, writes Chris Hine of The Star Tribune. After some deliberation, the three-time Defensive Player of the Year got fully on board with the move.

“After one day, I told him it was probably the best, most exciting situation in terms of basketball for me,” Gobert told reporters on Wednesday.

As Michael Rand of The Star Tribune details, the deal will deplete the Timberwolves’ depth to some extent, but the trade-off should be worth it, as Minnesota will have one of the NBA’s best starting fives.

The deal has major boom-or-bust potential, according to John Hollinger of The Athletic, who notes that the Wolves are betting big on “big ball” by pairing Gobert with Karl-Anthony Towns. If the twin-towers approach works for Minnesota, it could “quickly spawn imitators,” says Hollinger. If it doesn’t, it’ll be a costly mistake that could set the franchise back for years to come.

Here’s more from around the Western Conference:

Ja Morant‘s new maximum-salary extension with the Grizzlies includes a 15% trade kicker, but it doesn’t feature a fifth-year player option, Hoops Rumors has learned. That means Morant will remain under team control through the 2027/28 season.
Jason Preston will be available for the Clippers‘ Summer League team after missing his entire rookie season due to right foot surgery. According to Andrew Greif of The Los Angeles Times, about three weeks after the Clippers’ season ended, Preston was able to start participating in 5-on-5 scrimmages without restrictions.
The Warriors are promoting assistant coach Jama Mahlalela to the front of their bench for the 2022/23 season, according to Anthony Slater of The Athletic (Twitter link). Mahlalela will fill the opening created by Mike Brown‘s departure to Sacramento, while Kenny Atkinson – who nearly departed for Charlotte himself – will replace Brown as Steve Kerr‘s lead assistant.

Contract Details: Monk, Bucks, Edwards, Dort, Jones

July 6th, 2022 at 9:37pm CST by Luke Adams

Malik Monk‘s two-year deal with the Kings is worth approximately $19.42MM in total, with a first-year salary of $9.47MM, Hoops Rumors has learned. While Sacramento used most of the mid-level exception to bring Monk aboard, the team still has $1,017,781 left on the MLE, which is the exact value of the rookie minimum salary.

The Kings didn’t have a second-round pick in this year’s draft, so that leftover mid-level money won’t go to a 2022 draftee. But the club may have it earmarked for a player like Sasha Vezenkov, a 2017 second-rounder whose draft rights were acquired from Cleveland last month. Using that leftover mid-level money, Sacramento could offer Vezenkov – or another player – a minimum-salary deal that exceeds two years.

Here are a few more details on recently-signed contracts from around the NBA:

As expected, Joe Ingles got the full taxpayer mid-level exception ($6.48MM) from the Bucks, while Bobby Portis‘s four-year deal is worth the most he could receive using his Early Bird rights ($48.58MM), Hoops Rumors has learned. Portis’ contract includes a 15% trade kicker and a fourth-year player option.
Wesley Matthews‘ new deal with the Bucks is a one-year, minimum-salary contract, while the team used Jevon Carter‘s Non-Bird rights to give him a first-year salary ($2.1MM) worth a little more than his minimum ($1.97MM). Carter’s second-year player option is for the veteran’s minimum.
Kessler Edwards‘ two-year deal with the Nets, which features a second-year team option, is – as expected – worth the minimum.
Luguentz Dort‘s five-year contract with the Thunder includes a team option in year five and has a total base value of $82.5MM. It can be worth up to $87.5MM if Dort earns $5MM in total unlikely bonuses ($1MM annually), tweets ESPN’s Bobby Marks.
Tyus Jones‘ two-year deal with the Grizzlies begins at $15MM and declines to $14MM in 2023/24, per Marks (Twitter link). The deal includes an additional $1MM in unlikely incentives related to the team’s performance, Marks adds.

Grizzlies, Ja Morant Finalize Five-Year Max Extension

July 6th, 2022 at 3:38pm CST by Luke Adams

JULY 6: Morant’s extension is now official, the Grizzlies announced today in a press release.

JUNE 30: The Grizzlies and star guard Ja Morant are in agreement on a five-year rookie scale extension worth the maximum salary, agent Jim Tanner tells ESPN’s Adrian Wojnarowski (Twitter link). The deal will go into effect when Morant’s rookie contract expires in 2023.

Morant’s extension will include Rose Rule language allowing him to earn a starting salary worth 30% of the 2023/24 cap instead of 25% if he makes an All-NBA team again next season.

Based on the NBA’s latest cap projection of $133MM for the ’23/24 season, Morant’s deal would be worth $231.42MM if he meets the Rose Rule criteria next season, or $192.85MM if he doesn’t.

It’s the biggest contract in Grizzlies history, according to Chris Herrington of The Daily Memphian (Twitter link), topping the $153MM deal Mike Conley signed in 2016.

Morant, who will turn 23 in August, has improved in each of his three NBA seasons, earning his first All-Star and All-NBA nods in 2021/22 and winning the league’s Most Improved Player award.

The former second overall pick averaged a career-high 27.4 PPG to go along with 6.7 APG, 5.7 RPG, and 1.2 SPG in 57 games (33.1 MPG). He also put up career-best shooting numbers of 49.3% from the floor and 34.4% on threes.

Morant is the first member of the 2019 draft class to reach an agreement on a rookie scale extension, and his new deal is one of several maximum-salary contract extensions agreed upon as the new NBA league year begins. Nikola Jokic, Karl-Anthony Towns, and Devin Booker have reportedly agreed to super-max veteran extensions tonight as well.

The Rose Rule criteria require a player to earn an All-NBA spot in the season before his rookie scale extension goes into effect to qualify for the 30% max, which is why Morant will have to make it again next year despite claiming a spot on the Second Team this spring.

Southwest Notes: Spurs, M. Wright, Rockets, Grizzlies

July 6th, 2022 at 8:04am CST by Luke Adams

Veteran center Jakob Poeltl has been the subject of trade speculation dating back to February’s deadline, and while Jeff McDonald of The San Antonio Express-News (Twitter link) doesn’t believe the Spurs‘ signing of Gorgui Dieng and waiver claim of Isaiah Roby signal the end of Poeltl’s time in San Antonio, he suggests the team should be gauging the trade market for the big man.

In the wake of the trade sending Dejounte Murray to Atlanta, McDonald (Twitter link) views anyone on the Spurs’ roster over the age of 24 as “imminently available.” That would include sharpshooter Doug McDermott in addition to Poeltl, though it sounds like that’s just speculation for the time being.

Here’s more from around the Southwest:

Despite earning a spot on the All-G League First Team as a rookie this past season, forward Moses Wright wasn’t tendered a two-way qualifying offer by the Mavericks and is now an unrestricted free agent. As Eddie Sefko of Mavs.com writes, Wright is playing for Dallas’ Summer League team in Las Vegas and is determined to show he deserves a training camp invite, whether from the Mavs or another team. “I want to be the most dominant big (man) out there,” Wright said. “Whether it’s talking, rebounding, defensive presence, no matter what I do, just be dominant at what I do.”
Kelly Iko of The Athletic wonders if there’s a way for the Rockets to get involved in a multi-team trade scenario involving Kevin Durant in order to land restricted free agent center Deandre Ayton. Iko acknowledges that Ayton’s positional overlap with Alperen Sengun isn’t ideal, but believes it would still make sense for Houston if the price was right.
The Grizzlies, whose only move in free agency has been a new two-year agreement with Tyus Jones, believe time is on their side and are operating with patience this summer rather than making any significant roster changes, according to Chris Herrington of The Daily Memphian (subscription required).

Grizzlies Sign Kennedy Chandler To Four-Year Deal

July 5th, 2022 at 7:02pm CST by Rory Maher

JULY 6: The Grizzlies have officially signed Chandler, according to the transactions log at NBA.com.

JULY 5: The Grizzlies are signing second-round pick Kennedy Chandler to a four-year, $7.1MM contract, his agent Ryan Davis tells Shams Charania of The Athletic and Stadium (Twitter link).

According to Charania, Chandler’s rookie contract contains $4.94MM in guaranteed money, which is the most an American second-rounder has ever received.

A four-year, minimum-salary contract would have been worth $6.94MM, so Chandler will likely receive a little more than the minimum in his rookie season.

The Grizzlies acquired Chandler in a draft-day trade from the Spurs in exchange for the Lakers’ 2024 second-round pick and cash. He was the 38th selection of the 2022 NBA draft.

Chandler was ranked 20th on ESPN’s big board prior to the draft, so he slid a bit to fall into the second round. The Memphis native averaged 13.9 PPG, 3.2 RPG, 4.7 APG and 2.2 SPG on .464/.383/.606 shooting in 34 games (30.8 MPG) as a freshman for Tennessee this past season.

Although he stands just 6’0″, Chandler is an excellent athlete and has a reputation as a strong defender. The 19-year-old recorded the highest max vertical leap (41.5″) and the second-fastest shuttle run (2.89) among all participants who were tested at the NBA draft combine in May.

Chandler is a true point guard, capable of distributing and getting to his spots at a high level. He’s currently starting for Memphis’ Summer League squad against Philadelphia in Salt Lake City, recording six points, three rebounds, three assists, two steals and two blocks through nearly three quarters of action, per ESPN.

As Chris Herrington of The Daily Memphian observes (Twitter links), Chandler’s deal is pretty similar to the contract Xavier Tillman received from the Grizzlies as the 35th pick in 2020 ($6.5MM over four years, with $4.6MM guaranteed). The Grizzlies had to use part of their mid-level exception to give Chandler a four-year deal, Herrington notes.

Contract Notes: Konchar, Roby, Landale

July 4th, 2022 at 2:14pm CST by Luke Adams

John Konchar‘s contract with the Grizzlies called for his $2.3MM salary for 2022/23 to become guaranteed if he remained on the roster through Sunday, and there has been no reporting indicating that he and the team agreed to move that date back. As such, we’re assuming Konchar’s salary for ’22/23 is now locked in.

If that’s the case, it doesn’t come as a surprise. Konchar was a solid role player for the Grizzlies in 2021/22, averaging 4.8 PPG, 4.6 RPG, and 1.5 APG with a .413 3PT in 72 games (17.9 MPG). His salary is relatively modest and he had already been owed a partial guarantee of $840K.

Konchar is one of many players on non-guaranteed contracts for 2022/23 whose salaries will become guaranteed this summer if they’re retained through certain dates. We’re tracking all of those players and decisions right here.

Here are a few more contract notes from around the NBA:

Although Isaiah Roby was earning a minimum salary ($1,930,681) when he was waived by the Thunder on Sunday, he had been on a four-year contract that was worth more than the minimum in year one, which means any team interested in claiming him off waivers can’t use the minimum salary exception to do so, as Eric Pincus of Bleacher Report tweets. A club that wants to put a claim in on Roby would need the cap space to absorb his salary or a trade exception worth at least $1,830,681. Waivers claims are rare for non-minimum players, but Roby showed promise in Oklahoma City last season and could draw some interest.
Jock Landale‘s non-guaranteed minimum salary became partially guaranteed for $46,120 when he was traded from San Antonio to Atlanta last week, Hoops Rumors has learned. That was the exact amount that needed to be guaranteed for salary-matching purposes, as Landale’s $46,120 was added to Dejounte Murray‘s 2021/22 cap hit ($15,428,880) to get to within $5MM of Danilo Gallinari‘s incoming $20,475,000 figure (it was also partially guaranteed, but San Antonio needed to be able to match the whole incoming amount). The Hawks have since agreed to flip Landale to the Suns, and it doesn’t appear his partial guarantee will increase any further in that trade, since no salary-matching is involved.
In case you missed it, we relayed earlier today that Otto Porter‘s new deal with the Raptors is worth $12.4MM over two years. We’ll get more info on the specific details of contracts like Porter’s and many others beginning later this week, when the July moratorium lifts and those signings start becoming official.