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Jase Richardson Signs Rookie Scale Contract With Magic

July 3rd, 2025 at 4:00pm CST by Rory Maher

Former Michigan State guard Jase Richardson has officially signed his rookie scale contract with the Magic, the team announced on Thursday.

Richardson had a strong freshman year for the Spartans, coming off the bench in his first 21 games before claiming a spot in the starting lineup starting in early February. In 36 total contests, he averaged 12.1 points, 3.3 rebounds, and 1.9 assists in 25.3 minutes per game, with an excellent .493/.412/.836 shooting line.

If the 19-year-old signs for 120% of the rookie scale amount, which almost all first-rounders do, he will earn approximately $2.98MM next season and a total of $15.31MM over the course of his four-year deal.

Richardson was selected 25th overall in the 2025 draft.

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Magic Withdraw Mac McClung’s Qualifying Offer

July 3rd, 2025 at 1:10pm CST by Rory Maher

The Magic have withdrawn their two-way qualifying offer to guard Mac McClung, making him an unrestricted free agent, per Keith Smith of Spotrac (Twitter links).

According to Smith, Orlando pulled McClung’s QO to give him a chance to pursue other opportunities without being a RFA. The Magic have a crowded backcourt and McClung didn’t have an obvious path to playing time, Smith adds.

Jason Beede of The Orlando Sentinel confirms the news (via Twitter).

McClung spent all of last season on a two-way deal with Orlando but only made two brief NBA appearances. In 44 combined appearances with the NBA G League’s Osceola Magic, he averaged 23.0 points, 5.4 assists and 3.9 rebounds in 32.4 minutes per game, with a shooting line of .481/.344/.828.

The 26-year-old guard was named first-team All-NBAGL in 2024/25 after winning G League MVP in ’23/24. McClung is most well known for winning the past three NBA dunk contests.

Even though he has only played in six games, McClung has three years of NBA experience, having made previous stops with the Bulls, Lakers and Sixers. He is eligible for a two-way deal for one more season.

Ethan Thompson is currently the only player on a two-way deal with Orlando, so the team has a pair of two-way openings.

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Coaching Rumors: Knicks, Borrego, Shammgod, Magic, Mavs, More

July 2nd, 2025 at 8:49pm CST by Luke Adams

After being denied permission to speak to five NBA head coaches already under contract with rival teams, the Knicks shifted their focus to Mike Brown and Taylor Jenkins, with Jenkins falling behind after “projecting less enthusiasm for the job,” writes Stefan Bondy of The New York Post.

The team spoke to other candidates, including James Borrego and Micah Nori, and Ian Begley of SNY.tv confirms that South Carolina women’s basketball coach Dawn Staley did, in fact, formally interview for the job as well. However, as Begley writes, the search was always expected to result in the Knicks hiring an experienced NBA head coach.

The Knicks ultimately decided Brown was their man in large part because they believe he’ll bring “leadership and collaboration” to the organization, tweets Steve Popper of Newsday. Casey Powell (aka CP The Fanchise) of Knicks Fan TV (Twitter link) notes that the club is also confident in Brown’s ability to maximize the talent on the roster.

While Brown won’t be forced to retain any of the assistants who worked under Tom Thibodeau, the expectation is that a few will be back, according to Begley, who specifically identifies Rick Brunson, Darren Ermann, Mark Bryant, and Maurice Cheeks as strong candidates to remain in New York.

Brown is targeting Borrego for his lead assistant role, viewing him as an ideal offensive coordinator, Begley writes. However, as Marc Stein of The Stein Line notes (via Twitter), the Pelicans want to keep Borrego as their associate head coach and don’t necessarily have to let him leave for what would be a lateral move in terms of his title.

According to Stein (Twitter link), New Orleans previously denied permission to the Nuggets, who wanted to speak to Borrego about their lead assistant role under David Adelman.

Here are a few more coaching-related notes and rumors from around the NBA:

  • As expected, Mavericks player development coach God Shammgod has reached a deal with the Magic to become an assistant on Jamahl Mosley‘s staff, reports Shams Charania of ESPN (Twitter link). Rumors about Orlando’s interest in Shammgod, who had been in Dallas since 2019, had circulated since mid-June.
  • With Shammgod departing, keep an eye on Phil Handy and Mike Penberthy as possible candidates to join the Mavericks‘ staff under Jason Kidd, according to Stein (Twitter links). Both Handy and Penberthy were part of the Lakers’ staff alongside Kidd when Frank Vogel – Dallas’ new lead assistant – was the head coach in Los Angeles.
  • Omar Cooper Jr., the twin brother of former NBA guard Sharife Cooper and the son of Ace Bailey‘s agent Omar Cooper, is serving as a guest coach for the Jazz during Summer League, per Andy Larsen of The Salt Lake Tribune. Cooper Jr. is looking to get into coaching after wrapping up his college playing career at McNeese State this past season.
  • In announcing its 15-man roster for EuroBasket 2025, the Spanish national team confirmed that former Raptors assistant Sergio Scariolo will be stepping down from his role as Spain’s head coach after the event. BasketNews.com has the story, along with Spain’s roster, which includes Grizzlies forward Santi Aldama.
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Free Agent Rumors: Kings, Schröder, Horford, More

June 30th, 2025 at 8:52pm CST by Eli Cohen

Finding a point guard was a top priority for the Kings when free agency opened on Monday. According to NBA insider Chris Haynes (Twitter link), the team arranged meetings via Zoom with both Dennis Schröder and Russell Westbrook.

Sacramento was also planning to meet with Malcolm Brogdon, sources tell Jake Fischer of The Stein Line (Twitter link), who notes that the Wizards would be willing to accommodate a sign-and-trade deal involving Brogdon.

The Kings may end up adding more than one point guard, with Schröder looking like a lock to be one of them. Reports leading up to free agency indicated the two sides would likely agree to a two-year deal worth the full non-taxpayer mid-level exception, and Fred Katz of The Athletic (Twitter link) has since reported that Schröder will reach an agreement to sign with Sacramento.

Here are a few more free agent rumors from around the NBA:

  • Al Horford is commanding a lot of attention, reports HoopsHype’s Michael Scotto (via Twitter). Scotto says that the Warriors, Knicks, Nuggets, Lakers, and Cavaliers have all expressed interest in luring Horford away from the Celtics since free agency opened, but Boston is also interested in retaining him, especially after losing Luke Kornet earlier in the day to the Spurs.
  • After agreeing to sign Tyus Jones to be the team’s backup point guard, Tim Reynolds of the Associated Press hears that reserve big man Moritz Wagner is expected to return to the Magic (Twitter link). Orlando declined its team option on Wagner over the weekend, but retained his Bird rights. Jason Beede of the Orlando Sentinel echoes Reynolds’ report (via Twitter), saying that expects Wagner to re-sign with the Magic.
  • The Warriors feel good about their chances of re-signing restricted free agent forward Jonathan Kuminga, according to ESPN’s Marc Spears (Twitter video link). Spears says the money Kuminga and his representatives are looking for does not seem to be on the market this summer, which could result in him remaining in Golden State.
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Magic To Sign Tyus Jones To One-Year Deal

June 30th, 2025 at 7:25pm CST by Eli Cohen

The Magic have agreed to a one-year, $7MM deal with free agent point guard Tyus Jones, Shams Charania reports for ESPN (Twitter link).

Yossi Gozlan of the Third Apron notes (via Twitter) that if the Magic intend to stay under the luxury tax, they will need to shed salary elsewhere.

As ESPN’s Bobby Marks tweets, Jones’ contract will come out of Orlando’s non-taxpayer mid-level exception, which will hard-cap the Magic at the first apron.

Jones played for the Suns last season, averaging 10.2 points and 5.3 assists while shooting 41.4% from three and 89.5% from the free throw line. He spent time as both a starter and a reserve for Phoenix as it searched for answers with an ill-balanced roster.

The 29-year-old Jones joins a rapidly improving Magic team as the backup point guard, bringing stability and depth to the backcourt rotation. He also reunites with former Grizzlies teammate Desmond Bane, having spent three seasons together in Memphis.

Jones provides injury insurance for Jalen Suggs, who has played 53 games or fewer in three of his four NBA seasons. A high-level shooter and decision-maker, Jones can slot into the starting lineup when needed and work as an off-ball player alongside star ball-handlers Paolo Banchero and Franz Wagner.

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Free Agency Notes: Rockets, Ty. Jones, Heat, Raptors, More

June 30th, 2025 at 1:07pm CST by Rory Maher

The Rockets are diligently working secure meetings with Dorian Finney-Smith, Nickeil Alexander-Walker and Luke Kennard when free agency gets underway at 5:00 pm CT, according to Kelly Iko of The Athletic (Twitter link).

Houston is viewed as the frontrunner to land Finney-Smith after the veteran forward declined his $15.4MM player option and didn’t immediately work out a new deal with the Lakers. Marc Stein has reported multiple times that the Rockets are prepared to offer the 32-year-old a four-year deal worth most of the non-taxpayer mid-level exception.

Alexander-Walker, meanwhile, is expected to leave Minnesota after the Timberwolves agreed to lucrative new contracts with Naz Reid and Julius Randle. The Hawks have been rumored as the favorite to acquire the versatile guard, but several teams are said to be interested in his services.

Atlanta is also rumored to have interest in Kennard, who is the third-most accurate three-point shooter in NBA history at 43.8%. He has spent the past two-plus seasons in Memphis, but is expected to leave the Grizzlies in free agency.

Here are a few more free agency-related notes and rumors:

  • The Knicks could be a suitor for point guard Tyus Jones, per Ian Begley of SNY.tv (Twitter video link). “Tyus Jones is a name that I’m keeping an eye on,” Begley said. “Last summer, there was mutual interest…Jones was even willing to take a pay cut to come to New York. He ended up choosing Phoenix thinking it would be a very good situation for him — didn’t work out, so he’s back on the market.” New York can likely only offer the taxpayer mid-level exception or the veteran’s minimum, Begley notes.
  • The Magic also expressed prior interest in Tyus Jones and he could be a good fit with Orlando depending on how much money he’s seeking in free agency, according to Josh Robbins of The Athletic. If it’s not Jones, the Magic will likely look to add a different veteran point guard to improve their shooting and offense, Robbins writes.
  • Anthony Chiang of The Miami Herald released a guide for some of the options the Heat could explore in free agency. According to Chiang, guard Dru Smith is expected to return to Miami on a two-way deal after he was issued a two-way qualifying offer, but he has yet to accept that QO. Smith was on the verge of being promoted to a standard contract last season before suffering a torn Achilles tendon in late December.
  • As of now, Michael Grange of Sportsnet.ca expects the Raptors to be “fairly quiet” in free agency (Twitter link). Toronto will likely fill out the end of its roster with minimum-salary deals. A veteran extension for starting center Jakob Poeltl remains a possibility as well, Grange adds.
  • Zach Kram of ESPN.com lists seven “underrated players” who are about to hit the open market, including Chris Boucher, De’Anthony Melton and Gary Trent Jr.
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Scotto’s Latest: Alexander-Walker, Richards, Capela, Kennard, Shamet

June 30th, 2025 at 10:34am CST by Arthur Hill

Echoing multiple reports, Michael Scotto of HoopsHype confirms that the Hawks and Pistons are considered to be the front-runners for Timberwolves guard Nickeil Alexander-Walker, but he lists other contenders as well. League sources tell Scotto that the Clippers and Raptors remain in pursuit of Alexander-Walker along with other teams. He adds that the Magic were also interested before trading for Desmond Bane.

Toronto may be a surprise considering its position near the bottom of the standings this year, but the Raptors are reportedly determined to make a quick turnaround. Scotto notes that Alexander-Walker is a Toronto native and the franchise has a history of bringing in Canadian players, with four on the roster this season.

Scotto talked with several executives around the league who expect Alexander-Walker to sign for at least the $14.1MM non-taxpayer mid-level exception. League sources told Scotto they don’t expect him to return to the Wolves after they reached new deals with Naz Reid and Julius Randle.

Scotto shares more rumors as the start of free agency draws near:

  • Center Nick Richards appears to be a trade candidate after the Suns drafted Khaman Maluach and agreed to acquire Mark Williams from Charlotte. Richards’ $5MM contract for next season became fully guaranteed on Sunday, and Scotto hears from league sources that the Knicks, Pacers and Lakers are among the teams with interest.
  • Clint Capela isn’t expected to return to the Hawks in the wake of the Kristaps Porzingis deal, and Scotto lists the Clippers, Lakers and Spurs as teams to watch for the free agent center.
  • Sources tell Scotto that Luke Kennard is likely to move on from the Grizzlies. The 29-year-old guard is one of the league’s top three-point shooters.
  • The Knicks would like to keep free agent guard Landry Shamet, but he’s being eyed by several contending teams, Scotto adds.
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Stein/Fischer’s Latest: Jerome, Finney-Smith, Turner, Russell, T. Jones, Paul

June 30th, 2025 at 8:49am CST by Arthur Hill

The Grizzlies appear to be the leaders in the race to sign free agent guard Ty Jerome, according to Marc Stein and Jake Fischer of The Stein Line (Substack link). Jerome is coming off a breakout season, but his salary demands are too high for a Cleveland team on the brink of the second apron, so he’s considered a “lock” to leave in free agency. Stein previously mentioned Charlotte and Utah as other teams to watch for Jerome, but Memphis might be separating itself from the pack.

The main question, according to the authors, is how much the Grizzlies are willing to pay Jerome, who is believed to be seeking a deal starting around the $14.1MM non-taxpayer mid-level exception to Jerome. Memphis has been operating recently with the goal of creating enough financial flexibility to renegotiate and extend Jaren Jackson Jr. while matching any offers for restricted free agent forward Santi Aldama, so any offer for Jerome couldn’t get in the way of those goals.

League sources tell Stein and Fischer that the Grizzlies tried to find a taker for Cole Anthony over the weekend. Sending out Anthony’s $13.1MM contract could enable Memphis to acquire Jerome via sign-and-trade.

There’s more inside information from Stein and Fischer:

  • As reported on Sunday, the Rockets appear to be the top threat to sign Dorian Finney-Smith away from the Lakers. Houston has the $14.1MM MLE available, but the authors hear that its offer may cover four years at a little less than the full amount. L.A. is still hoping to re-sign the 32-year-old forward, who was a part-time starter after being acquired from Brooklyn in December. Finney-Smith turned down a $15.4MM player option on Sunday, and Stein and Fischer report surprise throughout the league that his announcement wasn’t accompanied by a new deal with the Lakers.
  • There’s “no tangible expectation” that Myles Turner will leave the Pacers in free agency, according to Stein and Fischer. There was some speculation that Indiana might reconsider a new deal with its starting center in the wake of Tyrese Haliburton‘s Achilles injury, but coach Rick Carlisle seemed to squash that when he said on a radio interview last week that re-signing Turner remains the team’s “No. 1 priority.”
  • The Mavericks are expected to use their $5.7MM taxpayer MLE to sign Nets guard D’Angelo Russell to a two-year deal, Stein and Fischer add. Even with that addition, which would be the team’s 15th standard contract, they state that Dallas still hopes to open a roster spot to re-sign Dante Exum. The authors expect the Mavs to search for a team willing to take on Olivier-Maxence Prosper‘s $3MM contract for next season. The 2023 first-round pick has a $5.3MM team option for 2026/27, so it’s potentially a one-year commitment.
  • The Magic‘s decision on Sunday to decline an $11MM option on Moritz Wagner and a $2.1MM option on Caleb Houstan could create an opportunity to sign free agent point guard Tyus Jones. If Jones leaves Phoenix, Stein and Fischer speculate it could lead to Chris Paul returning to the Suns, as they first reported on Sunday.
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QO Updates: J. Walker, A. Mitchell, Two-Ways, Mann

June 30th, 2025 at 8:29am CST by Luke Adams

The Trail Blazers opted not to tender forward Jabari Walker a qualifying offer prior to Sunday’s deadline, reports Sean Highkin of The Rose Garden Report (Twitter link). As a result, Walker will become an unrestricted free agent.

Walker put up solid numbers in a limited role for Portland last season, averaging 5.2 points and 3.5 rebounds in 12.5 minutes per game, with a .515/.389/.690 shooting line, across 60 appearances. However, his playing time dropped off significantly from the previous year, a signal that the Blazers were prioritizing other young players over the 22-year-old.

Meanwhile, the Thunder issued Ajay Mitchell a qualifying offer, according to Keith Smith of Spotrac (Twitter link), who notes that it’s a procedural move for Oklahoma City, since the second-year guard has already agreed to sign a three-year, $9MM contract with the team. The QO will just ensure he’s a restricted free agent when free agency opens — he’ll be able to officially finalize that new deal on July 6.

The following players who finished the 2024/25 season on two-way contracts also received qualifying offers ahead of Sunday’s deadline, per Smith (unless otherwise indicated):

In each of these cases, the player’s qualifying offer is equivalent to another one-year, two-way deal, with a small portion (approximately $85K) guaranteed.

While a rival team could technically sign any of these players to an offer sheet during free agency, we essentially never see that happen with two-way free agents. Most of them end up either accepting their two-way QOs or agreeing to new standard contracts with their current teams.

While it’s possible that news of a qualifying offer slipped through the cracks within the last 24 hours, it appears that RealGM’s official transaction log is up to date with all of the QOs that were issued prior to Sunday’s deadline.

If that’s the case, one notable player who didn’t receive a qualifying offer is Hornets guard Tre Mann. His QO would have been worth about $6.96MM, but if Charlotte didn’t put it on the table, that means he’s on track to be unrestricted when free agency opens later today.

[UPDATE: Mann didn’t receive a qualifying offer, Michael Scotto of HoopsHype confirms (via Twitter).]

We’ll publish our full recap of 2025’s qualifying offer decisions later this morning.

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Magic Decline Team Options On Moe Wagner, Caleb Houstan

June 29th, 2025 at 4:22pm CST by Eli Cohen

The Magic are declining the team options for Moritz Wagner and Caleb Houstan, reports ESPN’s Shams Charania (via Twitter), making the two players unrestricted free agents.

Wagner’s team option was for $11MM while Houstan’s was for $2.1MM. Turning down both will allow the Magic to retain some financial flexibility after they traded for Desmond Bane. Charania notes that the team retains both players’ Bird rights, meaning that a reunion remains possible for either or both of them.

Wagner has been with the Magic for over five seasons, and has averaged 10.5 points, 4.3 rebounds, and 1.3 assists while shooting 32.9% from three over the last four years as a reserve center. His 2024/25 season was cut short in December by a torn ACL, which he is still recovering from.

Wagner appeared well on his way to a career year in 2024/25, as he had averaged 12.9 points and 4.9 rebounds per game with a .360 3PT% through his first 30 contests. According to Michael Scotto of HoopsHype (Twitter link), the Magic have interest in bringing him back.

Houstan, the former 32nd pick in the 2022 draft, has been in and out of the rotation over his three seasons in Orlando, but has become a strong shooter at 6’8″ and is still only 22 years old. He converted a career-best 40.0% of his three-point tries in 2024/25.

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