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Free Agent Rumors: Guards, Kuminga, Pacers, Hayes

July 7th, 2025 at 1:20pm CST by Luke Adams

An expectation that Bradley Beal will soon become an unrestricted free agent is affecting the markets for free agent guards Chris Paul, Russell Westbrook, and Malcolm Brogdon, who are drawing interest from many of the same teams, writes Jake Fischer of The Stein Line (Substack link).

According to Fischer, the Clippers, Lakers, Bucks, and Timberwolves are among the teams expected to have interest in signing Beal if and when he finalizes a buyout agreement with the Suns, which seems increasingly likely. A previous report also identified the Warriors as a possible suitor for Beal, with the Heat viewed as less likely after their trade for Norman Powell.

The Clippers and Bucks are known to have interest in Paul, Fischer points out, so if Beal ends up with one of those teams, it would likely rule that club out for CP3, perhaps increasing the odds of the 40-year-old reuniting with the Suns.

As for Brogdon, he has the Clippers, Suns, Lakers, Warriors, Timberwolves, and Bucks are also among the teams that have registered some level of interest in him, along with the Pelicans and Kings, Fischer reports.

Free agents like De’Anthony Melton and Ben Simmons may also find themselves involved in this game of backcourt musical chairs, according to Fischer, who suggests that their potential landing spots should become more clearer once one or two of those top guards – starting with Beal – finds a new home.

Here are a few more notes on free agents from around the NBA:

There was no traction on the Jonathan Kuminga front over the weekend, sources tell Anthony Slater of The Athletic (Twitter link). According to Slater, the Kings have been the most aggressive suitor for the Warriors restricted free agent so far, but nothing has come close. In fact, the market for all of the top restricted free agents remains “ice cold,” Slater adds.
The Pacers are expected to reunite with a pair of familiar faces to fill out their frontcourt. Speaking to reporters today, president of basketball operations Kevin Pritchard said the club is planning to re-sign James Wiseman and that things are trending in the right direction with restricted free agent Isaiah Jackson (Twitter links via Tony East).
Veteran center Jaxson Hayes gave up his right to veto a trade this season when he re-signed with the Lakers, reports Dan Woike of The Athletic (Twitter link). By default, a player re-signing with his previous team on a one-year contract gets a de facto no-trade clause, but a team can ask a player to waive that right as part of his new deal.

Pelicans Sign Micah Peavy

July 7th, 2025 at 11:23am CST by Arthur Hill

11:23am: Peavy’s new contract is worth $8.7MM over four years, sources tell Michael Scotto of HoopsHype (Twitter link). It includes two fully guaranteed years, a trigger date for the third season and a fourth-year team option.

10:55am: Second-round pick Micah Peavy has signed with the Pelicans, the team announced in a press release.

The 23-year-old shooting guard was selected by Washington with the 40th overall pick and was part of a trade that couldn’t become official until the moratorium was lifted on Sunday. Terms of his new contract were not announced.

Peavy was an All-Big East selection at Georgetown last season, averaging 17.2 points, 5.8 rebounds, 3.6 assists and 2.3 steals in 32 games. He played at Texas Tech as a freshman, then spent three years at Texas Christian before joining the Hoyas.

Throughout his five years in college, Peavy averaged 9.5 points, 5.8 rebounds, 2.0 assists and 1.2 steals in 159 total games.

New Orleans signed lottery picks Jeremiah Fears and Derik Queen on Saturday, so all three additions from this year’s draft are now under contract.

Wizards, Pelicans, Rockets Compete Three-Team Trade

July 6th, 2025 at 1:57pm CST by Luke Adams

As expected, the Wizards have rolled a pair of trade agreements with the Pelicans and Rockets into the same deal, officially completing the two deals as a single three-team transaction, per a press release from New Orleans.

The terms of the trade are as follows:

Wizards acquire CJ McCollum, Kelly Olynyk, Cam Whitmore, and the Bulls’ 2027 second-round pick (from Pelicans).
Pelicans acquire Jordan Poole, Saddiq Bey, and the draft rights to Micah Peavy (No. 40 pick).
Rockets acquire the draft rights to Mojave King, the Bulls’ 2026 second-round pick (from Wizards) and the Kings’ 2029 second-round pick (from Wizards).

The original trade agreement between Washington and New Orleans was reached on June 24, a day before the first round of the draft, with the Whitmore deal between Houston and Washington just agreed upon yesterday.

It was beneficial for the Wizards to combine the two deals into a single trade because they were sending out any matching salary to the Rockets for Whitmore. While they could have used one of several cap exceptions they had on hand to take on Whitmore’s $3.54MM salary for 2025/26, including him in this deal allows them to use their 125% allowance for Poole’s and Bey’s outgoing salary to acquire him, McCollum, and Olynyk.

The only new part of this deal is the Rockets acquiring the draft rights to King from New Orleans, which was necessary to ensure that Houston and New Orleans were “touching” as part of the three-team deal.

You can read our original story on the Wizards/Pelicans deal headlined by McCollum and Poole here, while our report on the Wizards’ deal for Whitmore is here.

Joe Dumars Takes Big Chance In First Year With Pelicans

July 5th, 2025 at 9:46pm CST by Arthur Hill

New Pelicans head of basketball operations Joe Dumars is taking a huge chance that the young roster he has assembled can be a playoff contender, observes William Guillory of The Athletic. If it doesn’t work out, Guillory believes Dumars will be facing a full rebuild that could include trading Zion Williamson and firing coach Willie Green.

Wizards Notes: Whitmore, Gill, Centers, Outlaw

July 5th, 2025 at 7:16pm CST by Arthur Hill

The Wizards‘ acquisition of Cam Whitmore from the Rockets will be folded into a four-player trade with the Pelicans that was reported last month, a source tells Varun Shankar of The Washington Post (subscriber link). That deal sends Jordan Poole, Saddiq Bey and the 40th pick in this year’s draft (Micah Peavy) to New Orleans in exchange for CJ McCollum, Kelly Olynyk and a future second-round selection.

Combining the two trades into one will allow the Wizards to acquire Whitmore without using a separate trade exception or a portion of their mid-level or bi-annual exception.

Houston is trading Whitmore to a rebuilding team to give him a shot at increased playing time, but Shankar points out that it might be just as difficult for Whitmore to get on the court in Washington as it was during his two seasons with the Rockets. He views Bilal Coulibaly, Alex Sarr, Bub Carrington, Kyshawn George and lottery pick Tre Johnson as locks to be in the rotation.

Whitmore will have to compete with young prospects Will Riley, AJ Johnson, Justin Champagnie and Dillon Jones, along with McCollum and fellow veterans Khris Middleton, Marcus Smart, Corey Kispert and Richaun Holmes.

Shankar also points out that Whitmore and Coulibaly were part of the same draft class in 2023, which means they’ll both be eligible for rookie scale extensions next summer.

There’s more from Washington:

The Wizards waived Anthony Gill last weekend to avoid paying his $2.5MM salary for the upcoming season, but he’s likely to be brought back as the team’s 15th man, Josh Robbins of The Athletic states in a mailbag column. A new deal will be a win for both sides, Robbins explains, as the 32-year-old forward will earn about $121K more on a veteran’s minimum contract and the league’s reimbursement policy will cause Gill to have a smaller salary cap hit. Washington has a minor roster crunch as a result of its moves so far, so the team would have to make additional trades or cuts to make room on the regular season roster for Gill.
The Wizards aren’t likely to pursue another center to join Sarr, Olynyk and Holmes, Robbins states in the same piece. Even though Washington ranked near the bottom of the league in defensive rebounding percentage, Robbins notes that there’s not a strong incentive to win this season because the team’s first-round draft pick will convey to New York if it falls out of the top eight. Robbins adds that the Wizards didn’t try to sign any big men when free agency began, and he doesn’t expect that stance to change unless Olynyk or Holmes gets traded.
Assistant J.J. Outlaw will serve as the Wizards’ Summer League coach, team sources tell Robbins (Twitter link). Outlaw joined Brian Keefe’s coaching staff last July after five seasons in Cleveland.

Pelicans Sign First-Rounders Jeremiah Fears, Derik Queen

July 5th, 2025 at 4:03pm CST by Luke Adams

The Pelicans have officially signed their two 2025 lottery picks, the team confirmed today, announcing in a press release that guard Jeremiah Fears and big man Derik Queen have inked their rookie scale contracts.

Fears, this year’s No. 7 overall pick, raised his stock significantly over the course of his first and only college season at Oklahoma — he didn’t show up at all on ESPN’s 59-player mock draft last November.

The former four-star recruit, who won’t turn 19 years old until October, was among the NCAA’s best ball-handlers and play-makers as a freshman. The 6’4″ guard averaged 17.1 points, 4.1 assists, 4.1 rebounds, and 1.6 steals per game in 34 outings (31 starts), though he knocked down just 28.4% of 3.9 three-point tries per game for the Sooners.

Queen, meanwhile, was selected with the 13th overall pick after the Pelicans sent Atlanta this year’s No. 23 pick and an unprotected 2026 first-rounder (the most favorable of New Orleans’ and Milwaukee’s picks) for the right to draft the Maryland big man.

Queen was highly productive in his freshman season with the Terrapins, averaging 16.5 points, 9.0 rebounds, 1.9 assists, 1.1 steals and 1.1 blocks in 30.4 minutes per contest across 36 total games. He helped guide Maryland to a 27-9 record and a spot in the Sweet 16, scoring 27 points in a loss to Florida, the eventual national champions.

As our breakdown of this year’s rookie scale shows, Fears will likely earn $7.5MM as a rookie and $34.2MM over the course of his four-year rookie contract. Queen should make $5.2MM in year one and $24.4MM in total.

Western Notes: Nuggets, Lakers, Coward, Queen, Jazz

July 4th, 2025 at 3:15pm CST by Luke Adams

After former Nuggets head coach Michael Malone spent years asking for more veteran depth, Denver’s new top decision-makers – led by general manager Ben Tenzer – have made the sort of moves this offseason that he would’ve appreciated, as Tim Bontemps and Brian Windhorst write for ESPN.com.

Even with Jonas Valanciunas‘ NBA future up in the air, the Nuggets did well to bring back Bruce Brown and add Tim Hardaway Jr. on minimum-salary deals. Executives around the league also took notice of their decision to part with their lone tradable future first-round pick (2032) and forward Michael Porter Jr. in a deal that netted them Cameron Johnson and took them out of the tax.

“That was a prized asset they gave up,” one general manager told ESPN, referencing the unprotected 2032 pick. “Teams have been eyeing that one to see if they’d actually use it.”

“I know Cam Johnson has some past health issues, but Porter’s back issues and knee issues make this move make sense to me,” another executive said to ESPN. “I think Cam and (Nikola) Jokic will connect on the floor well. They both think the game the same way.”

That last point could be an important one, according to one rival GM: “There is only one person who needs to be impressed with their offseason. That’s Jokic. Sometimes the best trades you make are the ones that engage your superstar. If Jokic is energized by those moves, then it was a great summer.”

Here’s more from around the Western Conference:

Within that same ESPN.com story, Bontemps and Windhorst check in on the Lakers, noting that the club has received a handful of inquiries from “eyebrow-raised” teams following Rich Paul‘s cryptic statement accompanying LeBron James‘ opt-in. There’s nothing happening on that front for now, but teams will certainly monitor the situation, according to ESPN’s duo, who add that there was a “small bidding war” early in free agency for forward Jake LaRavia. He ultimately agreed to join the Lakers.
No. 11 overall pick Cedric Coward, whom the Grizzlies traded up to draft, is doubtful to play in Summer League this month, a team spokesperson told Damichael Cole of The Memphis Commercial Appeal. Coward is still making his way back from a shoulder injury that limited him to just six games at Washington State last season. While the 21-year-old said last week that he feels ready to play, Grizzlies general manager Zach Kleiman told reporters at the time that the rookie wing had only done 1-on-0 work and would need to take part in 5-on-5 drills to be fully cleared.
When the Pelicans faced criticism in the wake of last week’s draft, it was more about giving up a valuable unprotected 2026 first-round pick to move up 10 spots from No. 23 to No. 13 than about the player they chose to pick at that spot. But big man Derik Queen is still taking that criticism personally and using it as motivation, writes Rod Walker of NOLA.com. “I don’t think anybody in that class ever is going to be better than me,” Queen said. “I block all the noise out. (Pelicans head of basketball operations) Joe (Dumars) has got a lot of faith in me. Most of these guys (in the draft), I beat in high school. It doesn’t really matter. I know the NBA is a whole different level. Don’t get too big-headed. Don’t get too low. And just beat on them next year when they come in, and make Joe look like a genius.”
Chuck Terrell, who had been working for the Jazz as their vice president of basketball intelligence, has left that position to become the general manager of Georgia Tech’s men’s basketball program, agent Andy Miller tells Michael Scotto of HoopsHype (Twitter link).

Stein/Fischer’s Latest: Beal, Suns, CP3, Bucks, Lillard, Heat

July 3rd, 2025 at 10:48pm CST by Luke Adams

The Suns and Heat had exploratory talks this week about the possibility of a Bradley Beal trade, according to Marc Stein and Jake Fischer of The Stein Line (Substack link). However, those discussions “ultimately collapsed,” resulting in a rising belief that the veteran guard will ultimately be bought out by Phoenix.

If the two sides do end up working out a buyout agreement, expect the Heat to show interest in signing Beal as a free agent, per Fischer and Stein, who say the Bucks would also be interested in adding the three-time All-Star if he reaches free agency.

Here’s more from The Stein Line duo:

In addition to looking more seriously at a possible Beal buyout, the Suns have also engaged in conversations with teams about various trade scenarios involving center Nick Richards and wings Grayson Allen and Royce O’Neale, Stein and Fischer say.
After turning away interest from the Mavericks and Hornets earlier in free agency, Chris Paul continues to consider the Suns and Clippers. Stein and Fischer confirm he’s also receiving interest from the Bucks, who have been on the lookout for another point guard in the hopes of filling the sizable hole left by Damian Lillard‘s Achilles injury (and impending release). ESPN’s Shams Charania said during a Thursday SportsCenter appearance that Paul, who is known to prefer playing closer to his family in Los Angeles, spoke to Bucks officials on Wednesday (hat tip to Scott Polacek of Bleacher Report).
Speaking of Lillard, Stein and Fischer classify the Heat‘s interest in signing the Oakland native as “serious,” but acknowledge that the injured star will likely be in no rush to sign his next contract.
The Pacers, Kings, and Pelicans are among the other teams who remain on the hunt for another point guard, Stein and Fischer write.

Pelicans Sign Trey Alexander, Hunter Dickinson To Two-Ways

July 3rd, 2025 at 6:48pm CST by Luke Adams

The Pelicans have filled their open two-way slots, having signed guard Trey Alexander and center Hunter Dickinson to two-way contracts, according to NBA.com’s transaction log.

New Orleans had carried over Lester Quinones from last season on a two-year, two-way deal, so all three of their two-way slots are now occupied.

Alexander, 22, joined the Nuggets on a two-way deal last offseason after going undrafted out of Creighton. He had an excellent G League season, earning NBAGL Rookie of the Year honors after racking up 25.8 points, 5.7 rebounds, 5.6 assists, and 1.6 steals in 37.0 minutes per game, with a shooting line of .462/.395/.817, across 30 total appearances in the Tip-Off Tournament and regular season.

However, he played sparingly at the NBA level for Denver and wasn’t issued a two-way qualifying offer this past weekend, making him an unrestricted free agent.

Dickinson, meanwhile, reached an agreement on a two-way deal with the Pelicans last week, shortly after going undrafted.

The two-time consensus AP All-American averaged 17.4 points, 9.2 rebounds, and 1.5 blocks per game over the course of his college career, while shooting 55.5% from the field. He spent three years at Michigan before playing for Kansas for the past two seasons.

A two-way deal allows a player to be active for up to 50 NBA regular season games and carries a salary of roughly $636K, which becomes guaranteed if the player remains under contract through January 7.

Pelicans Waive Antonio Reeves

July 3rd, 2025 at 4:28pm CST by Luke Adams

One year after drafting him with the 47th overall pick, the Pelicans have waived guard Antonio Reeves, per Michael Scotto of HoopsHype (Twitter link).

Reeves, 24, appeared in 44 games as a rookie in New Orleans, averaging 6.9 points and 1.4 rebounds in 15.0 minutes per game, with a solid shooting line of .456/.395/.800. He also excelled at the G League level, putting up 24.9 PPG and 5.8 RPG on .470/.416/.800 shooting in 11 appearances for the Birmingham Squadron.

However, the Pelicans’ front office has undergone several changes since Reeves was drafted in 2024, so the new group of decision-makers – led by executive VP of basketball operations Joe Dumars – have decided not to retain the former Kentucky standout.

Reeves’ $1.96MM salary for the 2025/26 season was non-guaranteed until July 23, so the Pelicans will create some minor cap savings as a result of the transaction.