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Magic Acquire Desmond Bane From Grizzlies In Three-Player Deal

June 15th, 2025 at 4:02pm CST by Arthur Hill

4:02 pm: The trade is now official, per a Magic press release (Twitter link).

10:14 am: The Grizzlies will trade Desmond Bane to the Magic in exchange for Kentavious Caldwell-Pope, Cole Anthony, four unprotected first-round picks and one first-round pick swap, according to Shams Charania of ESPN (Twitter link).

Memphis will receive the 16th selection in this year’s draft, along with a “most favorable” 2026 first-round pick that will likely be Phoenix’s and unprotected first-rounders from Orlando in 2028 and 2030, Charania adds, noting that there’s light protection on the pick swap in 2029 (Twitter link).

Bane provides a potent offensive weapon for a Magic team that often struggled to score. He averaged 19.2 points, 6.1 rebounds and 5.3 assists in 69 games this season with a .484/.392/.894 shooting line. He’ll be another scoring threat to team with Paolo Banchero and Franz Wagner and should be a good complement to defensive specialist Jalen Suggs in the backcourt as Orlando looks to become a contender in what should be a weakened Eastern Conference.

The 27-year-old guard just completed the first season of a five-year, $197.2MM extension, so Orlando will be getting the security of a long-term contract. Bane will make $36.7MM next season, with that number rising to $44.9MM in the final year of his deal in 2028/29.

Caldwell-Pope wasn’t able to provide the Magic with consistent backcourt scoring after being signed away from Denver last offseason, but Charania notes that he’s a strong defensive wing who’ll bring championship experience to Memphis. Caldwell-Pope, 32, appeared in 77 games this season, averaging 8.7 PPG, his lowest scoring average since his rookie season. He shot 43.9% from the field and 34.2% from three-point range, significantly below the numbers he posted during his two years in Denver.

Caldwell-Pope has two years left on the deal he signed last summer and will earn $21,621,500 in each of the next two seasons.

Anthony has been a productive scorer during his five years in Orlando, but his playing time (18.4 minutes per game) and scoring average (9.4 PPG) both hit career lows this season. The 25-year-old guard will provide Memphis with instant offense off the bench and will make $13.1MM next season with a $13.1 team option for 2026/27.

Cap expert Yossi Gozlan tweets that the trade can be processed right away rather than waiting for the moratorium to be lifted on July 6. He adds that the Magic are required to do a 100% salary match because they project to be above the $195.9MM first apron next season. As a result of aggregating salaries, they will be hard-capped at the $207.8MM second apron in 2025/26, but can escape the luxury tax by declining team options on Moritz Wagner ($11MM) and Gary Harris ($7.5MM).

Gozlan also states that Orlando’s combined salary and tax bill could top $350MM in 2026/27 once Banchero’s expected max extension kicks in (Twitter link).

In addition, Gozlan notes that the deal will impact a possible renegotiation and extension for Jaren Jackson Jr. by decreasing the Grizzlies’ available cap space from $6.9MM to $4.5MM. Additional trades may be necessary to free up more money for Jackson.

ESPN’s Bobby Marks points out (via Twitter) that Bane has a 15% trade bonus in his contract, but it will be voided because it would push his salary over the maximum.

Steven Adams Signs Three-Year Extension With Rockets

June 14th, 2025 at 10:00pm CST by Rory Maher

10:00 pm: The extension is official, according to NBA.com’s transaction log.

1:35 pm: The Rockets and Steven Adams have agreed to a contract extension, according to Shams Charania of ESPN, who reports that the veteran center will receive a three-year, $39MM deal.

Adams’ extension is fully guaranteed, sources tell Charania, and does not feature a player or team option, per Kelly Iko of The Athletic (Twitter link). The big man from New Zealand earned $12.6MM this past season.

As ESPN’s Bobby Marks notes (Twitter link), Adams was extension-eligible until June 30, the last day of the current league year.

Adams, who turns 32 years old next month, missed about half of the 2022/23 season with a knee injury. That same injury, which eventually required surgery, kept him on the shelf for the entire ’23/24 campaign. After a 21-month absence, he returned to action in late October.

The Rockets brought Adams along slowly to open ’24/25, frequently giving him extra rest days and limiting his playing time. He wound up making 58 regular season appearances and averaging a career-low 13.7 minutes per game.

While his production looked fairly modest on the surface — he averaged 3.9 points and 5.6 rebounds — Adams quietly posted the best offensive rebounding percentage of his career. His +9.4 net rating during the regular season and +14.1 mark in the postseason were both team highs, making him a key reserve for Houston.

GM Rafael Stone said retaining Adams would be a high priority this offseason, and subsequent reporting confirmed as much. Instead of becoming an unrestricted free agent, he opted to remain with the Rockets.

While there has been no indication that Houston is interested in trading Adams, it’s worth noting that, depending on the structure of the deal, he may remain trade-eligible after signing his new extension (assuming his annual raises don’t exceed 5%). Had he re-signed with the team as a free agent, he would not have been trade-eligible until December 15.

Spurs, Rockets, Heat On Kevin Durant’s Wish List

June 14th, 2025 at 9:50pm CST by Arthur Hill

The Spurs and Rockets are Kevin Durant‘s preferred trade destinations, league sources tell Sam Amick of The Athletic, who provides an overview of the status of trade talks along with Athletic writers Kelly Iko and Jon Krawczynski. Amick cautions that Durant’s desire to play in San Antonio or Houston doesn’t mean he’ll wind up in one of those cities, as there are “complicating factors” with both teams that make deals difficult.

Shams Charania of ESPN shares a similar report, but says Durant is interested in joining the Heat as well as the two Texas teams. He states that “people across the NBA” have been told that those are the three teams Durant would consider signing an extension with. He has one year left on his contract at $54.7MM.

Charania notes that once the trade is complete, Durant will become eligible on July 6 for a two-year contract extension worth up to $122MM. If he waits until six months after the trade becomes official, the extension rises to a potential $124MM over two years.

Sources tell Charania that Durant is being pursued by six to eight “seriously interested teams.” The Suns have informed those teams that they plan to make the best deal for themselves, even if Durant winds up somewhere he doesn’t want to go.

Within the Athletic’s report, Iko notes that the Spurs have a base of young talent, no current cap worries and a wealth of draft assets (13 first-round picks through 2032), putting them in position for a “timeline-altering move” to speed up the building process around Victor Wembanyama. League sources tell Iko that San Antonio remains unwilling to part with the No. 2 pick in this year’s draft, which is expected to bring Rutgers guard Dylan Harper, but the Spurs would make the 14th pick available.

Echoing a report earlier today by Jake Fischer of The Stein Line, Iko states that Phoenix has been underwhelmed by offers constructed around Devin Vassell, Keldon Johnson and Harrison Barnes. Durant’s desire to join the Spurs will factor into the equation, but Iko sounds skeptical that a deal will happen unless their offers improve.

The Rockets are in a similar situation, Iko adds, as a young team that has to decide how badly it wants to disrupt its current timeline to add an aging and expensive player, even one as productive as Durant. He notes that Houston and Phoenix have been engaged in talks regarding Durant for more than a year, but the Suns’ decision to restructure their front office, with Brian Gregory taking over as general manager, have affected those negotiations.

Sources tell Iko that originally Phoenix was determined to regain control of its first-round picks that Houston owns in 2025, 2027 and 2029, and later switched to asking for multiple young players such as Alperen Sengun and Jalen Green. Team and league sources tell Iko that Jabari Smith Jr. has recently become the focus of the Suns’ pursuit. Iko hears that Green wants to stay in Houston and atone for his poor playoff performance and that the Rockets’ front office hasn’t shown much interest in breaking up its young core in pursuit of Durant.

Krawczynski discusses the challenge of bringing Durant’s contract to Minnesota, which is currently above the second apron, just like Phoenix. Wolves sources tell him that the team won’t part with Jaden McDaniels in a Durant trade, which means Julius Randle or Rudy Gobert would have to be included to help match salaries if Minnesota can regain the ability to aggregate by dropping below the second apron. Randle has a $30.9MM player option for next season that he would have to agree to pick up before being included in a deal, while Gobert is under contract for $35MM. Krawczynski notes that either player would be a solid addition alongside Devin Booker and could help the Suns get back into the playoff race.

He adds that another salary, such as Donte DiVincenzo’s $12MM, would have to be included, and Phoenix would probably want one of Minnesota’s young players thrown in, such as Rob Dillingham, Terrence Shannon or Jaylen Clark.

Latest On Kevin Durant

June 14th, 2025 at 5:13pm CST by Rory Maher

Although the Suns cannot aggregate salaries in trades, they have been exploring ways to move below the second tax apron to ease some of the restrictions they’re currently facing. According to Jake Fischer of The Stein Line (Substack link), as part of the Kevin Durant trade talks, Phoenix’s front office has larger constructs involving Grayson Allen and Royce O’Neale in an effort to reduce the team’s payroll.

Dropping below the second apron is believed to be one of Phoenix’s “primary objectives” in a Durant deal, Fischer writes. That doesn’t necessarily mean the Suns are trying to cut costs for financial reasons, they just recognize how difficult it is to operate over that threshold in the new Collective Bargaining Agreement, Fischer explains.

Sources tell Fischer that Phoenix hopes to acquire “starting-level talent” in exchange for Durant, with “quality draft capital” another desired part of the return package. Fischer hears the Suns have been evaluating first-round prospects “in the belief they will obtain at least one meaningful selection” in the 2025 draft.

While Shams Charania of ESPN reports that the Rockets are one of the teams most seriously engaged with the Suns for Durant, Fischer says Houston is “exceedingly reluctant” to meet Phoenix’s asking price. According to Fischer, the Suns view the Rockets as their ideal trade partner due to their combination of young talent and draft picks — Houston controls Phoenix’s first-rounders in 2025 (No. 10), 2027 and 2029.

Fischer adds that the Rockets’ front office recognizes this advantage and is “believed to be willing to go only so far” in its offer to Phoenix, indicating that the Suns might get more assets elsewhere.

League sources tell Fischer that the Timberwolves and Heat are the teams most frequently talked about as potential destinations for Durant. Fischer adds that the Spurs and Rockets have been cited by league executives as having interest in acquiring Durant, along with the Clippers and Raptors “to a lesser extent.”

Fischer also speculates that Durant would enjoy the idea of returning to Texas — where he played collegiately — either with San Antonio or Houston. John Gambadoro of Arizona Sports 98.7 previously stated that the Texas teams may be atop Durant’s wish list.

That could be an important consideration because Durant holds a $54.7MM expiring contract. Fischer says that front offices are considering whether it’s worth the gamble to trade for Durant with no assurances that he will re-sign after next season.

Jon Krawczynski of The Athletic tweets that there have been discussions between Minnesota and Phoenix regarding Durant, but “nothing is close” right now. Barry Jackson and Anthony Chiang of the Miami Herald reported on Wednesday that the Heat are interested in dealing for Durant, but “only at the right price.”

Ian Begley of SNY.tv considers it a “long shot” that the Knicks will get involved (Twitter link), echoing other reports from this week. Begley also points out that finding a starting center is among the Suns’ offseason priorities, and trading Durant may be their best opportunity to make that happen.

Fischer considers Minnesota’s Rudy Gobert the best center likely to be available in a Durant deal, but states that it’s difficult to create a workable trade scenario between the Wolves and Suns, who are both operating above the second apron for now. He points out that Minnesota will fall below the second apron if Naz Reid and Julius Randle both decline their player options, and Reid seems almost certain to do so. Otherwise, a trade between the two clubs would likely have to be agreed upon this month but not become official until after the moratorium is lifted in July.

Miami may be more realistic, according to Fischer, who notes that the city was on Durant’s list when he first asked the Nets for a trade. Fischer suggests that Andrew Wiggins and Duncan Robinson are among the players the Heat can send to Phoenix to help match salaries, and they have three first-rounders that can be moved: No. 20 this year, along with their picks in 2030 and 2032.

Sources tell Fischer that Miami was unwilling to part with Kel’el Ware and Jaime Jaquez at the trade deadline, and he speculates that its willingness to include Ware could be a “true swing factor” in a Phoenix deal.

The Spurs and other teams have been reluctant to surrender significant draft capital for Durant, according to Fischer, who reports that the Suns have limited interest in the players San Antonio has offered so far. Fischer states that it’s believed the Spurs are keeping Rookie of the Year Stephon Castle and the No. 2 pick in this year’s draft off limits and are only offering players such as Devin Vassell, Keldon Johnson and Harrison Barnes.

Arthur Hill contributed to this report.

Suns Engaged In KD Trade Talks With Rockets, Heat, Wolves

June 13th, 2025 at 12:31pm CST by Luke Adams

With trade negotiations heating up ahead of the June 25 draft, the Rockets, Heat, and Timberwolves have been the teams most seriously engaged with the Suns in recent days about a potential deal for Kevin Durant, ESPN’s Shams Charania said during an appearance on The Pat McAfee Show on Friday (Twitter video link).

“(The Suns have) had about six to eight teams reach out,” Charania said. “There’s been interest, there’s been some offers, there’s been some negotiations. But really in the last 24 to 48 hours, I’m told, the focus of the Suns’ conversations has been on a few of the teams: the Houston Rockets, the Miami Heat, and the Minnesota Timberwolves. I’m told those are the three teams right now where a lot of the focus for Durant lies.”

When Charania reported earlier this week that the Suns, Durant, and KD’s business partner and manager Rich Kleiman were sifting through potential trade scenarios, he mentioned those three clubs, along with the Knicks and Spurs, as possibilities for the superstar forward.

Since then, multiple reports from beat writers covering the Knicks have indicated New York isn’t pursuing Durant, while a report on Thursday suggested there’s growing skepticism about San Antonio acquiring the former MVP.

That doesn’t mean that Houston, Miami, and Minnesota are the only suitors still in the mix, however.

When John Gambadoro of Arizona Sports 98.7 (YouTube link) discussed the situation during a radio appearance on Thursday, he said he’s also keeping an eye on the Spurs, Raptors, and Clippers in addition to the Rockets, Heat, and Timberwolves, adding that there may be a couple other wild-card teams in play too. ESPN’s Tim Bontemps and Brian Windhorst also mentioned the Clippers today as a possible Durant suitor.

Gambadoro also mentioned that he believes Durant prefers to end up with one of the Texas teams – San Antonio and Houston – though that sounds more like informed speculation than hard reporting.

Interestingly, both Charania and Gambadoro believe a trade could be consummated well in advance of the draft. Gambadoro said during Thursday’s Burns & Gambo show that he’s predicting a deal will occur at some point next week. Asked on Friday on McAfee’s show about that report, Charania concurred.

“You said a week. I think it could be even sooner than that,” Charania said. “I think there’s some motivation with some teams. Potentially even sooner than seven days. Maybe in the next few days we could get some Kevin Durant trade action.”

As Kurt Helin of NBC Sports points out, commissioner Adam Silver and the league office have typically discouraged teams from making (or at least leaking) mid-June blockbuster trades that would upstage the NBA Finals, so even though there appears to be traction on the Durant front, that’s a factor to consider when projecting a timeline for an agreement.

The NBA Finals could end on Monday at the earliest, with a potential Game 6 scheduled for Thursday (June 19) and Game 7 to be played next Sunday (June 22), if necessary.

Nuggets’ Russell Westbrook To Opt Out Of Contract

June 13th, 2025 at 8:38am CST by Luke Adams

Nuggets point guard Russell Westbrook won’t exercise his $3.47MM player option for the 2025/26 season, league sources tell Marc Stein of The Stein Line (Twitter link).

Declining that option will put Westbrook on track to become an unrestricted free agent this summer. He would have the opportunity at that time to either re-sign with Denver or join a new team.

Westbrook, 36, played a significant role for the Nuggets after signing with the team as a free agent during the 2024 offseason. He averaged 13.3 points, 6.1 assists, 4.9 rebounds, and 1.4 steals in 27.9 minutes per game across 75 appearances (36 starts) during the regular season, with a .449/.323/.661 shooting line. He also contributed 11.7 PPG, 2.6 APG, and 3.7 RPG in 13 playoff contests (24.1 MPG).

A former MVP and a nine-time All-Star, Westbrook is a polarizing player for a future Hall of Famer. He was lauded by coaches and teammates in Denver this past season for his energy, competitiveness, and leadership, and remains an excellent play-maker and an elite rebounder at his position. However, he’s also an inefficient scorer whose high-energy style often results in out-of-control plays and a high turnover rate.

Despite his flaws, Westbrook has been a great value on minimum-salary contracts in recent years after earning the maximum for much of his playing career. Since being bought out by the Jazz in 2023, he has opted for situations with the Clippers and Nuggets where he can play a major role on a team with championship aspirations. If money were more of a priority, Westbrook could likely have done better than the veteran’s minimum on the open market over the last couple seasons.

His decision to decline his option doesn’t come as a major surprise, since his $3,468,960 option was based on a 5% raise on this past season’s minimum salary. With the salary cap expected to rise by 10%, Westbrook’s new minimum projects to be $3,634,153, so even if he wants to remain with the Nuggets, opting out to sign a new contract makes sense.

It’s also worth noting that if Westbrook signs a one-year minimum-salary deal with Denver or another team, his cap hit for 2025/26 would be just $2,296,274. If he signs another one-plus-one contract that includes a second-year option, his cap charge would be equivalent to his actual salary, whether or not he earns the minimum.

Westbrook is currently recovering from a procedure to repair multiple ligament tears in his right hand.

Dorian Finney-Smith Undergoes Left Ankle Surgery

June 12th, 2025 at 2:16pm CST by Rory Maher

Lakers forward Dorian Finney-Smith, who holds a $15.4MM player option for next season, recently underwent surgery to deal with a “lingering” left ankle injury and is expected to be ready for training camp in the fall, sources tell Dave McMenamin of ESPN.

According to McMenamin, Finney-Smith has been bothered by his left ankle for “several seasons,” but the 32-year-old was determined to play through the injury. The procedure will give him the ability to play without pain.

As McMenamin writes, Finney-Smith missed a total of 20 games last season related to issues with the ankle, including eight after being traded from Brooklyn to Los Angeles at the end of December.

While his counting stats — including 7.9 points and 3.6 rebounds in 28.8 minutes per game — with the Lakers were fairly modest, Finney-Smith shot 39.8% from long distance and provided the sort of versatile defense and toughness the team had long been seeking.

As our Luke Adams mentioned in his Offseason Preview, the Lakers were far better when the three-and-D forward was on the court, and went 29-14 in games he played during the regular season, McMenamin notes.

Kings Rumored To Have Interest In Holiday, Smart, Brogdon

June 12th, 2025 at 1:30pm CST by Rory Maher

As the Kings continue to explore pathways to improve their backcourt, Jrue Holiday of the Celtics, Marcus Smart of the Wizards, and impending free agent Malcolm Brogdon are among the players Sacramento is believed to be interested in, sources tell Jake Fischer of The Stein Line (Substack link).

The Kings have consistently come up as a suitor for point guards, having previously been linked to Tyus Jones and Cavaliers All-Star Darius Garland. Jones is another impending free agent, while Garland is on a maximum-salary contract with Cleveland for three more years.

Although Holiday, Smart and Brogdon are all capable of bringing the ball up the court and initiating an offense, they profile more as combo guards than traditional table-setters. Holiday has three years and $104.4MM left on his contract, while Smart is entering the final year of his deal, which will pay him $21.6MM in 2025/26.

According to Fischer, the Kings have also been looking at moving into the first round of the draft, and have “expressed confidence to various agents” that they could acquire a selection “as high as the early 20s.” Sacramento currently only controls one pick, a second-rounder at No. 42 overall.

For what it’s worth, any Kings offer for Holiday would likely have to include either DeMar DeRozan or Malik Monk for salary-matching purposes as the Celtics look to reduce their payroll and luxury tax bill in ’25/26.

Sixers Have Talked To Spurs About No. 2 Pick

June 12th, 2025 at 10:04am CST by Luke Adams

The Sixers have engaged in discussions with the Spurs about the possibility of moving up in the draft from No. 3 to No. 2, according to Michael Scotto of HoopsHype (Twitter link).

With Cooper Flagg viewed as a lock to be the first player drafted on June 25, Rutgers point guard Dylan Harper is widely considered the second-best prospect in this year’s class, making him the heavy favorite to be the No. 2 pick. However, it’s unclear how enthusiastic San Antonio is about the idea of adding Harper to a backcourt that already features former All-Star De’Aaron Fox and reigning Rookie of the Year Stephon Castle.

The Sixers have no shortage of talent at guard either, with Tyrese Maxey locked up to a long-term deal and Jared McCain making a strong first impression last season before a knee injury prematurely ended his rookie year. But Maxey and McCain are more reliable outside shooters than Fox and Castle, which should make them better suited to operate alongside another ball-handler.

If the Sixers do end up staying at No. 3, they’re zeroing in on four potential candidates for that pick, according to Scotto. A Wednesday report indicated that guard V.J. Edgecombe has made a strong case for consideration at No. 3, while forward Ace Bailey is also scheduled to make a pre-draft visit to Philadelphia for a private workout, so it seems safe to assume those are two of the four prospects in the mix.

A trade down has also been rumored as an option for the 76ers, though the team reportedly wants to add young talent to its roster and therefore isn’t looking to trade out of the first round entirely.

In addition to the No. 3 overall pick, Philadelphia holds the No. 35 selection in 2025. The club has traded away its own 2026 and 2028 first-rounders, but holds other future draft assets it could dangle in an effort to move up to No. 2, including the Clippers’ 2028 first-round pick, swap rights with the Clippers in 2029, their own first-rounders in 2030 and 2032, and an excess of second-rounders.

Taylor Jenkins, Mike Brown Reportedly Among Knicks’ Coaching Candidates

June 12th, 2025 at 9:34am CST by Luke Adams

The Knicks have reportedly been denied permission to speak to five head coaches currently employed by NBA teams, but their search for Tom Thibodeau‘s replacement isn’t entirely focused on candidates who already have head coaching jobs. Former Grizzlies coach Taylor Jenkins and former Kings coach Mike Brown are also said to be on New York’s radar.

Sam Amick of The Athletic cited league sources who say there’s an “increased Knicks focus” on Jenkins and Brown, while Stefan Bondy of The New York Post‘s list of potential candidates (subscription required), based on intel he has gathered, includes a “top contenders” tier that consists solely of Jenkins and Brown.

Jenkins, who was the head coach in Memphis from 2019-25, compiled a 250-214 (.539) record during that time and led the club to three playoff appearances — ’24/25 would have been a fourth, but he was fired with nine games left in the regular season.

Although Jenkins’ career postseason record of 9-14 is underwhelming and the Grizzlies were disappointed by his results this season, it’s worth noting that his ouster didn’t exactly jump-start this year’s team. The Grizzlies finished the regular season by going 4-5 under Tuomas Iisalo, then were swept out of the first round by Oklahoma City.

Brown, meanwhile, was dismissed by the Kings midway through the 2024/25 season after guiding the team to a 107-88 (.549) mark across two-and-a-half seasons, with one playoff appearance and one play-in exit. Brown, who also previously coached the Cavaliers and Lakers, earned Coach of the Year honors in 2009 and 2023.

As Amick observes, Brown interviewed for the Knicks’ head coaching position in 2020 before Thibodeau was hired, and league sources tell The Athletic he left a “very strong impression” on the club.

Here’s more on the Knicks and their head coaching vacancy:

After originally reporting that Michael Malone isn’t a candidate for the Knicks’ job, Bondy says it’s now not out of the question that the former Nuggets coach could get an interview. However, Malone remains a “long-shot” option, according to Bondy.
Although the Mavericks declined the Knicks’ request to speak to Jason Kidd, Bondy agrees with Newsday’s Steve Popper, who said on Wednesday that Dallas’ denial doesn’t necessarily spell the end of New York’s pursuit of Kidd. As Bondy explains, Kidd is believed to be seeking a contract extension from the Mavs — if he doesn’t get that new deal and New York is willing to offer him a long-term contract, Kidd could make things uncomfortable for his current team. Still, Bondy acknowledges there’s probably only a “small” chance of the situation playing out that way. One league source he spoke to was adamant that the Mavs won’t let Kidd go.
In a separate column for the Post, Bondy suggests Thibodeau’s dismissal was more about relationships than results and questions the statement put out by Leon Rose in which the Knicks’ president of basketball operations said the change was necessary because the team is “singularly focused on winning a championship.” No one in the organization, Bondy argues, was more “singularly focused on winning” than Thibodeau.

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