New Orleans Pelicans Rumors | Hoops Rumors

James Borrego To Remain Pelicans’ Top Assistant

July 9th, 2025 at 11:32am CST by Dana Gauruder

Pelicans associate head coach James Borrego will remain in his current position on Willie Green‘s staff, Ian Begley of SNY TV tweets.

One of the finalists for the head coaching job in New York, Borrego was rumored to be a prime target for the Knicks as they seek an associate head coach under new head coach Mike Brown. He was also targeted by the Nuggets to be their lead assistant under David Adelman but the Pelicans denied Denver’s front office permission to interview him.

The 47-year-old Borrego has served as associate head coach under Green in New Orleans for the past two seasons. He has previous head coaching experience, compiling a 138-163 record in four seasons with the Hornets.

Borrego has worked in the league since 2010, spending time as an assistant coach with the Hornets, Magic and Spurs before getting the head coaching opportunity in Charlotte. He also served as the interim head coach in Orlando during the 2014/15 season, compiling a 10-20 record in 30 games.

Rick Brunson, who was Tom Thibodeau‘s lead assistant last season, reportedly will have a lesser role under Brown.

Where Things Stand In NBA Free Agency

July 8th, 2025 at 9:24am CST by Luke Adams

We’re now into the second week of the NBA’s 2025/26 league year, and while free agency has been resolved for many top players, there are still a number of intriguing names who don’t yet have new contract agreements in place.

Let’s check in on where things stand for some of those players…

The restricted free agents

While they’re not the only four restricted free agents still on the board, there are four names who make up the top tier of notable unsigned RFAs, with each of them ranking among our top 10 free agents as of June 30. Those four players are Josh Giddey (Bulls), Jonathan Kuminga (Warriors), Quentin Grimes (Sixers), and Cam Thomas (Nets).

The restricted free agent market will likely play out very slowly this summer, given that there are essentially no teams (with the possible exception of Brooklyn) in position to sign any one of those players to the kind of offer sheet that would give the player’s current team pause. Here’s what we know about each of those four RFAs:

Josh Giddey (Bulls)
The expectation is that Giddey will remain in Chicago, so it’ll just be a matter of figuring out exactly what his next contract looks like. His camp is reportedly hoping to match (or, presumably, exceed) the five-year, $150MM extension that Jalen Suggs signed with Orlando last fall. Whether the Bulls are willing to go that high in terms of annual salary and/or years remains to be seen.

Jonathan Kuminga (Warriors)
The Kings, Wizards, Heat, Bulls, Bucks, and Nets were among the teams said last week to have expressed varying level of interest in a sign-and-trade deal for Kuminga. However, some of those teams have since made moves that will make Kuminga a less appealing – or practical – fit.

Sacramento has reportedly been the most aggressive suitor for Kuminga so far, having “floated” the idea a package that included 2024 first-rounder Devin Carter and two second-round picks.

But with no deal imminent, the expectation is that the 22-year-old and his camp will meet at the Las Vegas Summer League with interested teams, including the Warriors. A return to Golden State remains very much in play despite Kuminga’s up-and-down tenure in Golden State so far.

Quentin Grimes (Sixers)
The Sixers remain very confident that they’ll re-sign Grimes sooner or later and have “splashed cold water” on possible sign-and-trade scenarios, league sources tell Tony Jones of The Athletic. As with Giddey, it seems like the main question with Grimes isn’t where he’ll end up, but what his new contract with his current team will look like.

Cam Thomas (Nets)
We’ve heard very little since free agency opened about Thomas. In a Bleacher Report stream last Thursday (YouTube link), NBA insider Jake Fischer said the Nets guard “does not really have a market, to my understanding.”

Brooklyn is the only team in the league operating below the minimum salary floor, so it’s not as if the Nets are going to be outbid by a rival suitor — it certainly seems as if the only way Thomas ends up on a new team this offseason is if Brooklyn doesn’t want to bring him back.

The veteran unrestricted free agents

The next four highest-ranked unsigned players from our top-50 list after those four restricted free agents are long-tenured veterans. Here’s what we know about those players:

Chris Paul
The Clippers, Suns, and Bucks have been the teams most frequently linked to Paul in recent days. Milwaukee probably offers the best path to a starting role, which is something that’s reportedly important to the longtime NBA point guard, but he also wants to be close to his family in Los Angeles, which could give an edge to those two Western Conference teams.

Russell Westbrook
Another L.A. native who would reportedly like to play closer to home, Westbrook was said to be drawing legitimate interest from the Kings, but that was when it looked like Sacramento was going to trade Malik Monk. If that doesn’t happen, there may not be a spot on the Kings’ backcourt (or on the team’s cap) for Westbrook.

Al Horford
While Horford has been linked to several teams in the last week or two, the one constant has been the Warriors, who continue to look like the frontrunner to land the big man if he doesn’t retire. Adam Himmelsbach of The Boston Globe (Twitter link) reported on Monday that Horford continued to mull his options, with no deal imminent.

I suspect Golden State wants to resolve its Kuminga situation before officially committing its taxpayer mid-level exception to Horford, since doing so would hard-cap the team at the second tax apron and potentially complicate its ability to match an aggressive offer sheet for Kuminga.

Malcolm Brogdon
Reporting on Monday indicated that the Clippers, Suns, Lakers, Warriors, Timberwolves, Bucks, Pelicans, and Kings have all conveyed at least some level of interest in Brogdon. With some other higher-profile guards still out there, Brogdon may be the Plan B for some teams, which would mean he’d have to wait for some of those other players to commit before his options really crystalize.

The two veteran guards who aren’t yet free agents

Damian Lillard is currently on waivers and Bradley Beal is still working on a buyout with the Suns, but the expectation is that both players will reach unrestricted free agency pretty soon.

Lillard is a bit of a wild card, since he’s likely to miss the 2025/26 season due to an Achilles tear. He hasn’t ruled out the possibility of signing with a team sooner rather than later, and there will certainly be no shortage of clubs who would welcome the opportunity to help him with his rehab process and get a leg up on retaining him for ’26/27. But he’s not the type of player who will help a team win in the short term.

Beal, on the other hand, is coming off a pretty solid offensive season and would become a much more valuable investment if he’s on a contract that’s closer to his minimum salary than his maximum. The Clippers, Lakers, Bucks, Timberwolves, and Warriors are among the teams believed to have interest in signing Beal.

With many of those clubs also eyeing Paul, Brogdon, or other guards, Beal may be the first domino to fall — if and when he finds a new team, the ones that miss out can shift their focus elsewhere in earnest. The Clippers are rumored to the favorites for Beal, per Kurt Helin of NBC Sports.

The trades that aren’t yet official

As our full breakdown of this offseason’s trades shows, there are only two agreed-upon deals that aren’t yet official: Denver’s acquisition of Cameron Johnson from the Nets, plus the Jonas Valanciunas/Dario Saric swap between the Nuggets and Kings.

There has been speculation that the Nuggets will combine both of those agreements into a single transaction to avoid creating a hard cap at the first tax apron. At the very least, as NBA insider Marc Stein tweets, Denver needs to get the Johnson/Michael Porter Jr. trade done before the deal with the Kings in order to be able to get below the first apron. That will allow the Nuggets to take back more salary than they send out for Saric.

The Nets may be thoroughly exploring scenarios for how to take full advantage of their current cap room before they finalize that trade with the Nuggets, since it will cut into their space significantly — swapping Johnson for Porter will use up $17MM+ of their room.

The delay on these deals is not an indication that the Valanciunas/Saric deal won’t eventually be finalized. Multiple reports have indicated it remains on track, despite Valanciunas’ reported desire to get out of his NBA contract and sign with the Greek team Panathinaikos. Multiple reports, including another one from Stein on Monday night (Twitter link), have also indicated that the Nuggets have told the veteran center they intend to keep him and want him to honor his contract.

For what it’s worth, a report from SDNA in Greece indicates that Panathinaikos was assured by Valanciunas’ representation that the Nuggets would let him out of his NBA deal and was surprised to find out that Denver hadn’t signed off on that plan at all.

Although those two Denver deals are the only ones we know about that aren’t official, that doesn’t mean there won’t be more trades still to come — the Clippers, Heat, and Jazz, for instance, agreed to a three-team trade on Monday and finalized it later in the day. It’s possible that more deals could be around the corner as teams and executives congregate for Summer League action.

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.