Bucks Re-Sign Bobby Portis To Four-Year Contract
JULY 6: The Bucks have officially re-signed Portis, the team announced today in a press release.
JUNE 30: The Bucks have reached an agreement to re-sign free agent big man Bobby Portis to a four-year, $49MM contract, agent Mark Bartelstein tells Adrian Wojnarowski of ESPN (Twitter link).
That’s the maximum amount that the Bucks could have given Portis using his Early Bird rights after he turned down his $4.6MM player option earlier this week.
The 6’10” Portis had a strong second season with Milwaukee, averaging career-highs in points (14.6) and rebounds (9.1) while appearing in 72 games (28.2 minutes per contest). He also started a career-high 59 games as center Brook Lopez dealt with a back injury which required surgery.
Portis, 27, is well-known for bringing lots of energy and intensity to the court, but he’s also a skilled offensive player, posting a .479/.393/.752 shooting line. He primarily served as a shooter for the Bucks to create space and driving lanes for two-time MVP Giannis Antetokounmpo, who has said he loves playing with Portis.
While Portis is a limited defender, he’s a good rebounder and gives solid effort, he just makes poor decisions and has trouble staying in front of smaller players. He also isn’t much of a rim protector, but Antetokounmpo is a very good backline anchor, which covers up for Portis’ weaknesses somewhat.
Portis was a key reserve when the Bucks won the title in 2020/21 and is a fan favorite in Milwaukee. Given he’s the same age as Antetokounmpo and Lopez is 34 and will be on an expiring deal, clearly the Bucks viewed Portis as a priority to retain, and since they’re over the cap, it’s not like they could easily find someone to replace his production.
Jaren Jackson Jr. Underwent Foot Surgery, Out 4-6 Months
Grizzlies big man Jaren Jackson Jr. underwent foot surgery on Wednesday and is expected to miss four-to-six months, sources tell ESPN’s Adrian Wojnarowski (Twitter link).
Memphis confirmed the news (via Twitter), noting that Jackson had a stress fracture in his right foot and is expected to make a full recovery, with further updates provided when appropriate.
The optimistic end of Jackson’s estimated recovery timeline would have him returning shortly after next season begins, but the more cautious route would have him potentially missing the first few months.
Jackson, still just 22, led the league in blocks per game (2.3) last season, earning a berth on the All-Defensive First Team for his efforts. Importantly, he also cut his foul rate, which had been an issue earlier in his career.
Jackson appeared in a career-high 78 games (27.3 MPG) for the Grizzlies, averaging 16.3 PPG and 5.8 RPG on .415/.319/.823 shooting.
He’s set to earn $28.95MM in 2022/23 after coming to terms on a four-year, $104.7MM rookie scale extension prior to last season.
More Than Half Of NBA Teams Have Inquired On Durant
Since word broke this afternoon that Nets star Kevin Durant has requested a trade out of Brooklyn, more than half of the teams in the NBA have called to inquire about the former MVP, Adrian Wojnarowski of ESPN said during an appearance on NBA Today this afternoon (video link via Malika Andrews).
The Suns and Heat have been mentioned as two of Durant’s preferred landing spots, but the Nets are expected to take the best deal available to them rather than focusing on sending the veteran forward to a specific destination.
According to Jake Fischer of Bleacher Report, the Warriors are probably the only team that can be ruled out as a landing spot for Durant. I’d also be shocked if the Nets were willing to send him to the cross-town Knicks.
Early indications are that the Nets aren’t especially inclined to acquire Deandre Ayton via sign-and-trade as the centerpiece of a Durant deal, Fischer writes, adding that – from Brooklyn’s perspective – any deal with Phoenix or Miami would likely have to start with Devin Booker or Bam Adebayo. However, both of those players are on designated rookie extensions, prohibiting the Nets from acquiring either one unless they move Ben Simmons.
[RELATED: Hoops Rumors Glossary: Designated Rookies]
Given that the Rockets control the Nets’ draft picks (either outright or via swap rights) for the next several years, don’t expect Brooklyn to pivot to a full-fledged rebuild as part of a Durant trade, ESPN’s Brian Windhorst said during the same episode of NBA Today (video link)
Windhorst isn’t sure if the Nets will get a superstar in return, but expects them to target selfless, team-first players, citing Suns forward Mikal Bridges as an example. As Windhorst observes, those are the types of players GM Sean Marks spoke about wanting during his end-of-season media session in May.
“We’re looking for guys that want to come in here and be part of something bigger than themselves, play selfless, play team basketball, and be available,” Marks said at the time.
[RELATED: Nets To Acquire Royce O’Neale From Jazz]
Windhorst also says his phone is “blowing up” with executives wondering where Kyrie Irving is going to end up. There has been no indication that Irving has requested a trade, but he seems far less likely to remain in Brooklyn for the final year of his contract if Durant is traded.
“If Kevin Durant is on the first train out, Kyrie Irving will be on the caboose as far as the Nets are concerned,” Windhorst said.
According to Fischer, league sources “continue to whisper” about Irving’s desire to join the Lakers and reunite with LeBron James. However, a trade between L.A. and Brooklyn would be challenging, since the Nets reportedly have no interest in Russell Westbrook.
Spurs Expected To Waive Danilo Gallinari
The Spurs are expected to waive forward Danilo Gallinari now that their blockbuster trade with the Hawks is official, Adrian Wojnarowski of ESPN tweets.
Gallinari is part of the Dejounte Murray deal. His partial guarantee was increased in order to complete the trade.
His $21.45MM salary next season had only been partially guaranteed for $5MM. His partial guarantee is believed to have been increased by an additional $5-6MM or so to match Murray’s incoming salary. San Antonio will get some cap relief by waiving him before his full salary becomes guaranteed.
Gallinari, 33, is expected to draw interest from contenders in both conferences. The Bulls, Celtics, and Heat are among the teams that have already been linked to him, and Gallinari has interest in those clubs, according to Dave McMenamin of ESPN, who tweets that the forward will be seeking mid-level type money.
Gallinari is a 38.1% career 3-point shooter and has averaged double digits in points since his second NBA season. He averaged 11.7 PPG and 4.7 RPG in 25.3 MPG over 66 regular season games (18 starts) last season.
Spurs Trade Dejounte Murray To Hawks
JUNE 30: The trade is official, the Hawks announced in a press release.
“The opportunity to acquire a player of Dejounte’s caliber, just entering his prime, doesn’t come along too often,” Hawks president of basketball operations Travis Schlenk said in a statement. “He has developed into one of the elite two-way guards in the league and we’re thrilled to add him to our group.”
In addition to the pieces detailed below, Atlanta also acquired big man Jock Landale from San Antonio. As Yossi Gozlan of HoopsHype tweets, in order to complete the trade before the new league year began, the Spurs needed to add a little more salary to match Gallinari’s $21.45MM incoming figure, even though it’s not fully guaranteed.
According to Kirschner (Twitter link), it’s not clear yet whether the Hawks plan to keep Landale, whose minimum-salary contract for 2022/23 isn’t fully guaranteed.
JUNE 29: The Spurs have reached an agreement to trade guard Dejounte Murray to the Hawks for a package that includes Danilo Gallinari and multiple first-round picks, reports Adrian Wojnarowski of ESPN (Twitter link). San Antonio will receive three first-rounders and a draft swap, tweets Shams Charania of The Athletic.
According to Wojnarowski and Chris Kirschner of The Athletic (Twitter links), the three picks going to the Spurs will be Charlotte’s 2023 first-rounder (top-16 protected) and the Hawks’ own 2025 and 2027 first-rounders. San Antonio will also have the right to swap first-round selections with Atlanta in 2026.
Those 2025 and 2027 picks – along with the 2026 swap – will be unprotected, tweets John Hollinger of The Athletic.
Marc Stein first reported (via Twitter) that momentum was building toward a Murray trade, noting that the Knicks and Timberwolves were also among the guard’s known suitors. Atlanta has been the team most frequently linked to Murray though, having reportedly explored deals for him dating back to February’s trade deadline.
The deal represents a major backcourt upgrade for the Hawks, who will add an All-Star – and one of the league’s best perimeter defenders – to complement All-NBA guard Trae Young without giving up any players from their projected 2022/23 roster.
It’s not clear if trade candidate John Collins will still be in Atlanta when the ’22/23 season begins, but he’s not part of this deal after having being included in earlier Murray-related rumors.
Murray enjoyed a breakout season in 2021/22, averaging 21.1 PPG, 9.2 APG, 8.3 RPG, and a league-leading 2.0 SPG with a shooting line of .462/.327/.794 in 68 games (34.8 MPG). The 25-year-old was the runner-up for the Most Improved Player award.
Murray’s ability and versatility on defense make him an ideal backcourt partner for Young, who is said to be “ecstatic” about the move, according to Chris Haynes of Yahoo Sports (Twitter link). Murray is under contract for the next two seasons and is owed just over $34MM during that time.
The Spurs’ motives for making the deal are a little less obvious than the Hawks’, since it’s not as if Murray was on an entirely different timeline than the team’s young core, but perhaps he wasn’t part of the club’s plans beyond his current contract. San Antonio’s decision to accept a package heavy on distant draft picks rather than current players signals that short-term contention probably isn’t in the cards as the front office looks toward the future.
The Hornets’ 2023 pick will be lottery-protected in 2024 and 2025 if it doesn’t convey next year, then would turn into two second-round picks if it hasn’t conveyed by that point. The Hawks’ own picks – and the 2026 swap – could be more significantly more valuable, especially if the team takes a downturn within the next few years.
Gallinari’s $21.45MM salary had only been partially guaranteed for $5MM and was set to become fully guaranteed if he remained under contract through today.
The veteran forward probably isn’t in the Spurs’ plans at that full $21.45MM figure, so the most likely outcome is that he’ll have his partial guarantee increased by another $6MM-ish in order to legally match Murray’s salary, then will be waived. Gallinari may agree to push back his salary guarantee date in order to give the teams time to complete the trade and ensure that he receives that extra money, though that’s just my speculation at this point.
Nets’ Kevin Durant Requests Trade
Nets star Kevin Durant has requested a trade out of Brooklyn, sources tell Shams Charania of The Athletic (Twitter link).
Durant’s business manager Rich Kleiman tells Adrian Wojnarowski of ESPN (Twitter link) that he and Durant are working with Nets general manager Sean Marks to find a 
new home for the former MVP. Durant made his trade request directly to Nets owner Joe Tsai today, sources tell Wojnarowski (Twitter link).
Multiple reports last week suggested that Durant was mulling his long-term future in Brooklyn, despite being under contract for the next four years on a maximum-salary contract. At the time, those rumors were believed to be tied to Kyrie Irving‘s efforts to secure a long-term deal with the Nets — once Irving decided to opt in, there was a sense that things may quiet down in Brooklyn for the time being.
Clearly, that’s not the case.
Word of Durant’s newfound availability breaks with the start of 2022 free agency just hours away, potentially upending many teams’ offseason plans. The Suns, for instance are shifting their focus to Durant, per John Gambadoro of Arizona Sports 98.7. Gambadoro tweets that Phoenix doesn’t want to gut its roster to get Durant, but he’s the club’s new top priority.
The 33-year-old will be one of the most valuable trade assets to ever hit the market, according to ESPN’s Adrian Wojnarowski (Twitter link), who notes that Brooklyn will be seeking a “historic return.” No one on the roster is expected to be off-limits as the Nets engage in trade talks, Wojnarowski adds.
Durant has the Suns listed as one of his preferred destinations, per Chris Haynes of Yahoo Sports (Twitter link). The Heat have also been mentioned as a preferred landing spot for the 12-time All-Star, tweets Jake Fischer of Bleacher Report.
However, while Wojnarowski confirms that Phoenix and Miami are on Durant’s wish list, he says the Nets plan to get the best deal they possibly can (Twitter link). Since he’s under contract for four more seasons, Durant will have limited leverage to pick and choose his destination.
While the 2021/22 season was a disappointing one in Brooklyn from a team perspective, Durant was as good as ever. He appeared in just 55 games due to a knee injury, but averaged 29.9 PPG, 7.4 RPG, and 6.4 APG on .518/.383/.910 shooting in 37.2 minutes per contest. He’ll earn approximately $44.1MM in 2022/23 and about $197.7MM in total through ’25/26, with no option on the final year.
According to Wojnarowski (Twitter link), Irving and Durant had no contact with the Nets after Kyrie picked up his option earlier this week, creating a “sense of inevitability” that a Durant trade request might be coming. There has been no indication yet that Irving has made a similar request, but it’s safe to assume Brooklyn will consider its options with the star guard if Durant is on the move — especially if the team shifts to rebuilding mode.
As the Nets begin exploring potential trade packages for Durant, it’s worth noting that they’re ineligible to trade for a second player who is on a five-year rookie scale extension via the “designated rookie” rule, as ESPN’s Bobby Marks notes (via Twitter).
Teams are permitted to carry two “designated rookies” but only one can have been acquired via trade, and the Nets already have Ben Simmons. That rules out Brooklyn acquiring a player like, for instance, Bam Adebayo unless Simmons is dealt. And Sam Amick of The Athletic suggests (via Twitter) that the Nets are expected to hang onto Simmons.
The Nets would still be eligible to acquire a player like Deandre Ayton on a maximum-salary contract since he’s no longer eligible to receive a designated rookie extension. However, Ayton would have to be acquired via sign-and-trade, which would hard-cap the Nets for the 2022/23 league year, so the team would have to shed significant salary to make that a realistic option.
P.J. Tucker Unlikely To Return To Heat
There will be significant interest in P.J. Tucker when free agency begins later today, and the veteran forward is considered unlikely to re-sign with the Heat, according to Alex Schiffer of The Athletic (Twitter link).
Schiffer mentions the Hawks, Timberwolves, Nets, Bulls and Sixers among the teams that plan to target Tucker, adding that they will offer either the non-taxpayers’ mid-level exception of $10.49MM, or in the case of the Nets and Hawks, the taxpayers’ MLE of $6.48MM. Atlanta could also make a trade to shed salary and get below the tax line, opening up the use of the full MLE.
A report earlier this week suggested that Miami is willing to give Tucker a guaranteed three-year deal, but at less than the full MLE. It appears several teams are ready to outbid the Heat for his services.
Philadelphia has been rumored as a prime suitor for Tucker, as president of basketball operations Daryl Morey also signed him in Houston. Atlanta and Brooklyn have been mentioned as well, but Minnesota and Chicago are new to the list.
The 37-year-old Tucker is an elite defender who was part of the Bucks’ title-winning roster in 2021 and helped the Heat become the No. 1 seed in the East this season. He averaged 7.6 points and 5.5 rebounds per game for Miami and shot 41.5% from three-point range.
2022 NBA Free Agency Primer
The NBA’s 2022 free agency period officially begins on Thursday at 5:00 pm central time. At that point, we can expect news of contract agreements to start pouring in, continuing well into the night.
By our count, a staggering 56 free agents agreed to deals on day one of free agency in 2021 — we’ll see if that number is matched later today.
Here are a few links to prepare for you one of the most exciting days on the NBA calendar:
- Top 50 Free Agents Of 2022
Bradley Beal, Zach LaVine, James Harden, and Deandre Ayton lead the way on our list of the summer’s best available players. - 2022 Free Agents By Position/Type
2022 Free Agents By Team
Want the full breakdown of players available this summer? Take your pick from these two lists. - Key Offseason Dates/Deadlines
A breakdown of the important dates to watch beyond today. - Maximum Salary Projections For 2022/23
Minimum Salary Projections For 2022/23
Mid-Level, Bi-Annual Exception Projections For 2022/23
Our projections are based on a salary cap of $123,655,000. We should find out in a matter of hours what the exact cap for 2022/23 will look like. - Player Option Decisions For 2022/23
Team Option Decisions For 2022/23
The deadline for these decisions was on Wednesday, so they’re all in now. - 2022 Qualifying Offer Recap
We have the full list of which players are becoming restricted free agents. - 2022 Offseason Trades
Fifteen trades have been officially completed so far this offseason, with six more agreed upon and many more to come. - Outstanding Trade Exceptions
A number of teams have traded player exceptions available to take on salary without sending any salary back. - 2022 Offseason Preview Series
We took a closer look at all 30 teams’ cap situations and key offseason decisions. - Hoops Rumors Glossary
Need a refresher on how sign-and-trades work, what it means to have “Early Bird rights” on a player, or how a team becomes hard-capped? We explain all in our glossary.
Latest On Jalen Brunson
JUNE 30, 10:04am: The Heat have now put out word that they never had a meeting scheduled with Brunson and won’t be meeting with him today, according to local reporters Ira Winderman, Tim Reynolds, and Anthony Chiang.
JUNE 29, 7:47pm: Point guard Jalen Brunson is scheduled to meet with the Knicks, Mavericks and Heat when free agency opens on Thursday, sources tell Chris Haynes of Yahoo Sports.
According to Haynes, the meetings will be held in New York, with the Knicks considered the strong frontrunners to land the unrestricted free agent on a four-year deal in the neighborhood of $110MM.
Mavericks owner Mark Cuban, GM Nico Harrison, and head coach Jason Kidd will attend the meeting, per Haynes, as will VP of basketball operations Michael Finley and “maybe one or two” players, sources tell veteran NBA reporter Marc Stein (Twitter link). Stein reports (via Twitter) that the Mavs are very pessimistic that they can convince Brunson to re-sign, but the 25-year-old’s camp sought out meetings with the three teams before coming to a decision.
A league source tells Stefan Bondy of The New York Daily News that the Mavericks have been unwilling to offer more than $106MM to this point, with Brunson reportedly seeking $125MM. Haynes confirms Bondy’s report, stating that Dallas has pitched a five-year, $106MM deal to Brunson, so it sounds like he might be open take a slight per-year discount ($125MM over five years vs. $110MM over four) if the Mavs are willing to go that high using his Bird Rights.
As Haynes observes, Miami’s only pathway to acquiring Brunson would be via sign-and-trade, because the team won’t have the necessary cap space to sign him outright. Such an agreement would be difficult to pull off due to sign-and-trades triggering a hard cap at the tax apron, which would limit Miami’s financial flexibility for the rest of 2022/23. That’s one reason why Haynes refers to the Heat as a “dark horse.”
Here are a couple more notes on Brunson’s free agency:
- “At least one high-ranking member of the Knicks” views Brunson as a top-10 point guard in the NBA, Bondy reports. Given the huge offer the Knicks are reportedly willing to extend, it makes sense that Brunson has fans in high places within the organization.
- In an appearance on “NBA Today,” ESPN’s Bobby Marks (video link) details why a sign-and-trade between the Mavericks and Knicks might make sense for both teams, assuming Brunson winds up with New York.
Pistons, Kemba Walker Finalizing Buyout Agreement
For a second straight summer, Kemba Walker is on track to be bought out. ESPN’s Adrian Wojnarowski reports (via Twitter) that the Pistons and Walker are finalizing a buyout agreement that will pave the way for him to become a free agent.
Technically, Walker isn’t even a Piston yet. The Knicks have agreed to a deal that will send him to Detroit, but it’s not official and likely won’t be until after the July moratorium ends next week, so the veteran point guard will have to wait a little longer to officially become a free agent.
Still, if he and the Pistons have a buyout agreement in place, the team presumably won’t stand in the way of him talking to potential suitors in the hopes of lining up a new deal.
Walker is under contract for $9.2MM next season. The veteran’s minimum salary for a player with more than 10 years of experience projects to be just shy of $3MM, according to Bobby Marks of ESPN (Twitter link), so Walker is likely to give up roughly that amount in his buyout with Detroit.
The Pistons intend to leave Walker’s dead money on their 2022/23 cap rather than stretching it across three seasons, tweets James L. Edwards III of The Athletic.
A four-time All-Star, the 32-year-old guard has been hampered by knee injuries the past two years. He appeared in 37 games for the Knicks this season, but was benched for a while in November and December and was eventually shut down in mid-February. He was limited to 25.6 minutes per night and averaged 11.6 points, 3.0 rebounds and 3.5 assists.
Walker also reached a buyout with the Thunder last August after the Celtics traded him to Oklahoma City. He signed with the Knicks four days later.