New Orleans Pelicans Rumors | Hoops Rumors

Contract Details: Bridges, Springer, Two-Ways

August 5th, 2025 at 11:37am CST by Luke Adams

Mikal Bridges‘ new four-year contract extension with the Knicks will start at $33,482,145 in 2026/27, Hoops Rumors has learned. Bridges’ maximum first-year salary on a veteran extension would have been $34,860,000, so his actual deal will come in about $1.38MM below that.

Bridges will earn $36,160,714 in 2027/28 and $38,839,285 in ’28/29, with a ’29/30 player option worth $41,517,856, for a total of exactly $150MM.

Interestingly, while most trade kickers are worth either the maximum allowable 15% or a round number like 5% or 10%, the trade kicker on Bridges’ deal comes in at 5.69%.

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

Jaden Springer‘s one-year, minimum-salary contract with the Pelicans includes Exhibit 9 language but not an Exhibit 10 clause, Hoops Rumors has learned. Those terms Springer will be competing for a 15-man roster spot in training camp and likely doesn’t plan on joining New Orleans’ G League affiliate if he’s waived before opening night.
The two-way contracts recently signed by Enrique Freeman with the Timberwolves and Daeqwon Plowden with the Kings are both just for one year, Hoops Rumors has confirmed. Freeman got the maximum allowable $85,000 partial guarantee and will have 50% of his $636,435 salary guaranteed if he remains under contract through opening night, while Plowden received a $75K partial guarantee.
Max Shulga‘s two-way contract with the Celtics also just covers one season, Hoops Rumors has confirmed. That’s notable, since a handful of second-rounders drafted ahead of him signed two-year two-way deals. The No. 57 overall pick, who got a partial guarantee worth $85,300, will be eligible for restricted free agency in 2026.

Pelicans Sign Jaden Springer

August 1st, 2025 at 2:47pm CST by Luke Adams

2:47 pm: Springer’s contract is a non-guaranteed Exhibit 9 deal, according to Michael Scotto of HoopsHype, who tweets that the guard will compete for a roster spot in training camp.

7:22 am: The Pelicans have signed free agent guard Jaden Springer, the team announced in a press release.

The No. 28 pick in the 2021 draft, Springer played a limited role in Philadelphia across two-and-a-half seasons before being sent to Boston at the 2024 trade deadline. He spent roughly a full calendar year with the Celtics, then was rerouted to Houston in a salary-dump deal in February 2025.

After being cut by Houston, Springer signed a 10-day deal with the Jazz in February and agreed to a two-year contract with the team in March following that initial 10-day audition. However, he was waived by Utah last week before his minimum salary for the 2025/26 season could become partially guaranteed.

Springer, who is known more for his perimeter defense than his offensive game, has career averages of 2.9 points and 1.4 rebounds in 8.8 minutes per contest across 110 regular season outings. He played a significant role at the G League level during his first two years with the 76ers, but has only made two appearances in the NBAGL since the start of the 2023/24 season.

Details of the Pelicans’ deal with Springer aren’t yet known — it’s a pretty safe bet that it will be a minimum-salary contract, but it’s unclear whether or not it will include guaranteed money.

For what it’s worth, New Orleans has 14 players on standard guaranteed contracts and has enough breathing room below the luxury tax line to carry a 15th man into the regular season, so there could be a path for Springer to make the team this fall. Because he has four years of NBA experience, he’s no longer eligible for a two-way deal.

Signed Second-Round Picks Now Count Against Cap

July 31st, 2025 at 10:10am CST by Luke Adams

Between July 1 and July 30 of each NBA league year, a player signed using the second-round pick exception doesn’t count toward his team’s cap, but that changes as of July 31. Beginning on Thursday, each of the second-rounders signed using that exception will begin carrying 2025/26 cap hits.

[RELATED: 2025 NBA Draft Pick Signings]

The effect this will have on teams around the league is negligible. The only club still operating below the cap is Brooklyn, but the Nets didn’t make any second-round picks in this year’s draft and haven’t signed any second-rounders that were stashed from previous drafts, so this change won’t reduce their cap room at all.

The Nets are far from the only NBA team that hasn’t signed a second-round pick to a standard contract this offseason. In fact, only 11 of the league’s 30 clubs have done so.

The Suns, Magic, Hornets (two picks), Sixers, Lakers, Pistons, and Pacers made the top eight selections of the 2025 second round and have signed those players to standard deals, while the Pelicans (No. 40 pick Micah Peavy), Kings (No. 42 pick Maxime Raynaud), Cavaliers (No. 49 pick Tyrese Proctor), and Hawks (2024’s No. 43 pick Nikola Djurisic) have joined them. The rest of this year’s second-rounders are either still unsigned, will play overseas, or agreed to two-way contracts.

None of those 11 teams surpassed an apron threshold as a result of their second-rounders’ new cap hits. For example, the Cavs would be well over the second apron with or without Proctor on their books.

Since none of those teams will see their ability to make other roster moves affected by the new cap charges, this is really more of a housekeeping note than anything.

Pelicans Sign Bryce McGowens To Two-Way Contract

July 31st, 2025 at 9:11am CST by Alex Kirschenbaum

July 31: McGowens’ two-way contract with the Pelicans is now official, the team announced in a press release.

July 30: The Pelicans are signing free agent guard Bryce McGowens to a new two-way deal, his Priority Sports agents Kyle McAlarney and Mark Bartelstein tell Shams Charania of ESPN (Twitter link).

McGowens has split his three previous NBA seasons between the Hornets and Trail Blazers.

The Nebraska swingman inked a two-way deal with Charlotte as a rookie in 2022/23, toggling between Charlotte and its NBAGL affiliate, the Greensboro Swarm. His contract was converted to a multiyear standard deal midway through that first pro season. In 105 combined regular season bouts for the Hornets across two years, he averaged 5.2 PPG, 1.9 RPG, and 1.0 APG, with a shooting line of .419/.330/.764.

Charlotte cut McGowens in the summer of 2024, and he subsequently agreed to a two-way deal with the Blazers. The 6’7″ wing played a limited role at the NBA level for Portland, averaging just 2.5 MPG across 13 outings.

Still just 22, McGowens put up impressive numbers for the Rip City Remix, Portland’s NBAGL affiliate, in 2024/25. Across 16 regular season bouts, he averaged 29.3 PPG, 4.0 RPG, 3.4 APG, 1.5 SPG and 0.8 BPG on .487/.330/.806 shooting. A right rib fracture cut his season short.

McGowens will join fellow two-way signings Trey Alexander and Hunter Dickinson in New Orleans.

And-Ones: Spagnolo, Storylines, Offseason Grades, Givony

July 28th, 2025 at 8:32pm CST by Dana Gauruder

Matteo Spagnolo, whose NBA rights are held by the Timberwolves, will continue his EuroLeague career in Spain, having signed a three-year deal with Baskonia, according to Donatas Urbonas of BasketNews.com.

Minnesota selected Spagnolo with the 50th overall pick of the 2022 draft. The point guard’s contract with Baskonia includes NBA exit clauses, per Urbonas.

Spagnolo is coming off a second EuroLeague season with ALBA Berlin, for whom he averaged 9.6 points, 2.0 rebounds, and 3.8 assists in 21.0 minutes per game. He played for the Timberwolves’ Summer League team the year he was drafted but hasn’t since participated in any NBA contest.

Here’s more from around the international basketball world:

What are the big storylines still hovering over the NBA this offseason? ESPN’s Tim Bontemps and Bobby Marks examine that topic, citing Jonathan Kuminga‘s restricted free agency, Luka Doncic‘s extension talks and Russell Westbrook‘s free agency among the issues that have yet to be resolved.
The Hawks, Nuggets, Rockets get the highest marks from ESPN’s Kevin Pelton for their offseason moves. Pelton hands out grades for every team in the league, with the Pelicans receiving an F for their transactions.
Draft expert Jonathan Givony has left ESPN after an eight-year stint with the network, he announced on his Twitter page. ESPN offered him an extension but Givony declined, stating “we were unable to find alignment on my value to the company.” He will continue to analyze the draft as well as college, high school, and international basketball for the company he founded, DraftExpress.

Summer League Notes: Rookie Standouts, Maluach, Fears

July 27th, 2025 at 6:02pm CST by Eli Cohen

The 2025 Summer League gave fans and teams first impressions of most of this year’s incoming rookies, as well as serving as a showcase for several sophomores and younger veterans. In the wake of the event, Law Murray of the Athletic breaks down each rookie’s performance with an eye for what it could mean for the coming season.

Cooper Flagg (Mavericks), Dylan Harper (Spurs), and VJ Edgecombe (Sixers) were arguably the biggest names who participated in the Summer Leagues – headlined by the Las Vegas event – and despite some shooting efficiency concerns, all three gave their fans plenty of reason for excitement.

Flagg displayed a well-rounded on-ball skill set, Harper came up clutch in his last game to force overtime, and Edgecombe lived at the free throw line while displaying some advanced ball-screen offensive game, Murray observes.

The next three picks in the draft, Kon Knueppel (Hornets), Ace Bailey (Jazz), and Tre Johnson (Wizards), all showed off their shot-making capabilities, which will likely be what earns them regular playing time as rookies. Knueppel was rewarded for his play with the only All-Summer League Second Team selection among rookies, while Nique Clifford (Kings) was the lone rookie to make the First Team, thanks to his stellar all-around play.

Other rookies, such as Collin Murray-Boyles (Raptors), Carter Bryant (Spurs), Joan Beringer (Timberwolves), and Brooks Barnhizer (Thunder) flashed tantalizing defensive capabilities, though Murray-Boyles and Bryant were inconsistent offensively, Murray notes.

Here are a few more leftover Summer League notes:

John Hollinger of the Athletic takes a look at some of the low points of Summer League, including the worst ejection of the tournament, awarded to the Celtics‘ Jordan Walsh for not only having an excessive foul on the Heat’s Pelle Larsson, but for accidentally throwing him into Walsh’s own front office executives courtside.
In terms of players who struggled, Hollinger mentions Khaman Maluach (Suns), who had difficulty catching lobs and other passes, Jeremiah Fears (Pelicans), who was unable to spearhead an offense and create for others, and the limitations of the four Nets rookies who suited up, among others.
On the non-player side, Hollinger points to an abundance of turnovers caused by stepping out of bounds, as well as the prevalence of split-screen interviews that made following the games an exercise in patience and eagle-eyed vision.

Pelicans Waive Lester Quinones

July 24th, 2025 at 5:01pm CST by Rory Maher

The Pelicans have waived Lester Quinones, tweets Keith Smith of Spotrac. The move is official, according to NBA.com’s log of transactions.

Quinones had been on a two-way contract with New Orleans. The team now has one two-way vacancy, with Trey Alexander and Hunter Dickinson holding the other two spots.

After going undrafted out of Memphis in 2022, Quinones spent most his first two seasons as a member of the Warriors organization. Last fall, he signed a two-way deal with Philadelphia, which released him in December.

The 24-year-old shooting guard caught on with the Pelicans in early March, appearing in nine games down the stretch of the 2024/25 season. In those nine contests, he averaged 8.6 points, 2.6 assists and 1.7 rebounds in 18.4 minutes. His shooting line was .386/.317/.833.

While Quinones has yet to carve out a major NBA role to this point in his career, he has put up some big counting stats in the G League. In 41 combined games (36.0 MPG) with the Birmingham Squadron and Delaware Blue Coats last season, he averaged 21.6 PPG, 6.8 RPG, 4.9 APG and 1.4 SPG, though he struggled a bit with efficiency (.431/.331/.713 shooting splits) and turnovers (3.7 per contest).

Quinones was signed by New Orleans’ previous front office regime, so the new executives in charge may not have been as high on him. Assuming he goes unclaimed, the 6’4″ guard will become a free agent on Saturday.

And-Ones: Jefferson, ESPN, Vancouver, Expansion, 2024 Moves

July 22nd, 2025 at 11:38am CST by Luke Adams

Richard Jefferson has reached an agreement to return to ESPN (and ABC) for next season and is expected to remain on the network’s top broadcast team with Mike Breen, reports Andrew Marchand of The Athletic. However, Doris Burke‘s spot alongside Jefferson and Breen on that team remains up in the air, Marchand adds.

Jefferson reportedly drew interest from Amazon Prime Video before agreeing to remain with ESPN.

If ESPN does decide to replace Burke, Tim Legler is the leading candidate to replace her on the network’s top broadcasting team, according to Marchand, though he says that a two-person booth is also a possibility.

Here are more odds and ends from around the basketball world:

The Raptors and Nuggets will play a preseason game in Vancouver, B.C. on October 6 as part of the league’s Canada Series, the NBA announced today in a press release. It will be a busy week or two for Vancouver in terms of NBA activity, with the Mavericks also said to be holding their training camp in the city. The Raptors announced today that their training camp will take place in Calgary, Alberta, so it won’t be a long flight to Vancouver for them.
While NBA owners may not be eager to expand the league beyond its current 30 teams immediately, there’s still a sense that it will happen sooner or later, according to John Hollinger of The Athletic. As Hollinger explains, the NBA’s European league project is a bigger priority at the moment and the league likely also wants to get its local TV situation worked out before expanding.
Kevin Pelton of ESPN revisits the biggest offseason moves from 2024 in order to reevaluate the grades he gave them a year ago. In some cases, that meant a major readjustment downward — the Pelicans originally got a B-plus grade for their Dejounte Murray trade, for example, and now get an F. However, other moves look much better than did a year ago, including the Trail Blazers‘ acquisition of Deni Avdija, which Pelton bumped from a C-plus to an A-minus.

Promising Summer League Starts For Jeremiah Fears, Derik Queen

July 20th, 2025 at 11:59am CST by Arthur Hill

Pelicans rookies Jeremiah Fears and Derik Queen displayed their unique skills in Las Vegas, but they both have things to work on, observes Rod Walker of NOLA. Fears showed his quickness, elite handle and athleticism, but he didn’t finish well at the rim and only shot 18.2% from three-point range. Queen has a deft shooting touch and passing ability for a big man, but he battled turnover issues before sustaining a torn scapholunate ligament that required surgery and will keep him out of action until October.

Fischer’s Latest: Simmons, Brogdon, Kuminga, Celtics

July 20th, 2025 at 10:32am CST by Arthur Hill

The Kings and Knicks appear to be the most likely destinations for Ben Simmons in free agency, Jake Fischer said in a recent Bleacher Report stream (hat tip to BasketNews). Simmons, who played 51 combined games with the Nets and Clippers last season, is one of several prominent veterans who remain unsigned.

“We are still anticipating the Kings to be bringing in another veteran guard, and Ben Simmons is on that list of potential targets, in addition to Russell Westbrook, to Malcolm Brogdon, and I think he’d make an interesting addition there,” Fischer said. “I personally think Ben Simmons would be interesting in Minnesota, but I haven’t heard that they have interest in him.”

Sacramento currently has 12 players on fully guaranteed contracts, along with non-guaranteed deals for Keon Ellis ($2.3MM) and Terence Davis ($2.5MM), so there’s flexibility to add an established guard. The Kings are nearly $9.9MM below the first apron.

Simmons, 29, was a rotation player with Brooklyn before being waived in early February, averaging 6.2 points, 5.2 rebounds and 6.9 assists in 33 games. His role was reduced once he joined the Clippers, but he still offers versatility and defensive upside.

Fischer shared a few more rumors in his stream:

The Bucks likely won’t pursue Brogdon after landing Cole Anthony, but Fischer said there’s still plenty of interest around the league in the veteran guard. Along with the Kings, he names the Pelicans, Timberwolves and Warriors as potential landings spots for Brogdon, who appeared in 24 games with Washington last season.
Fischer doesn’t believe the Warriors have enough interest in Bulls center Nikola Vucevic to make him the main piece in a potential Jonathan Kuminga sign-and-trade. Vucevic has an expiring contract, and Golden State is expected to fill its need for a stretch five by signing Al Horford. Chicago is among several teams that have expressed interest in Kuminga, but Fischer says the most likely scenario has him remaining with the Warriors on “a short-term agreement.”
The Celtics remain active on the trade market as they try to get their roster younger and cheaper, Fischer adds. He states that Boston had discussions with the Grizzlies recently, but doesn’t provide any other details. He states that rival teams believe the Celtics are trying to unload both Anfernee Simons and Georges Niang.