Nuggets Sign Andrew Funk, Armaan Franklin To Exhibit 10 Deals
8:41pm: The Nuggets have signed both players to training camp contracts, according to a team press release.
10:37am: The Nuggets have reached contract agreements with a pair of undrafted free agents, according to Mike Singer of The Denver Post, who reports (via Twitter) that rookie shooting guards Andrew Funk and Armaan Franklin will sign Exhibit 10 deals with the team.
Funk spent four years at Bucknell before transferring to Penn State for his final college season. He averaged 12.5 PPG and shot 41.2% on three-pointers as a “super-senior” in 2022/23. Of his 351 total field goal attempts, 272 came from beyond the arc.
Franklin spent two years at Indiana and then two at Virginia before forgoing his final season of NCAA eligibility. In 2022/23, he averaged 12.4 PPG and 4.1 RPG with a .373 3PT% in 33 games (29.5 MPG). His Exhibit 10 agreement with the Nuggets was first reported shortly after the draft.
Both Funk and Franklin played for Denver’s Summer League team in Las Vegas this month. Although neither had a significant role, the Nuggets apparently liked what they saw enough to add the duo to their training camp roster.
The Nuggets will have 15 players on guaranteed standard contracts and three on two-way deals once they complete their reported signings, so there probably won’t be room for Funk or Franklin on the regular season roster.
Funk and Franklin may end up becoming affiliate players for Denver’s G League team, the Grand Rapids Gold. Their Exhibit 10 agreements would make them eligible for bonuses worth up to $75K as affiliate players.
Jason Preston’s Salary Guarantee Date Moved To October
Jason Preston‘s salary guarantee date has been pushed back to October 1, Andrew Greif of the Los Angeles Times tweets.
The Clippers agreed at the start of the month to move Preston’s guarantee date to July 18. If they hadn’t pushed it back for a second time, they would have had to decide on Tuesday whether to fully guarantee his $1,836,096 salary for next season.
The early second-round pick in 2021 has been sidetracked by injuries during his first two seasons. He missed his entire rookie campaign after undergoing right foot surgery, then appeared in just 14 NBA games last season. He recently revealed he underwent LASIK eye surgery and had another procedure to fix a deviated septum.
Preston, who spent most of ’22/23 playing for the Clippers’ G League affiliate, averaged 9.0 points, 6.0 assists and 5.2 rebounds in Summer League competition this month.
The Clippers, of course, are rumored to be James Harden‘s preferred destination in a potential trade with Philadelphia. That possibility could have played a role in the team’s decision to delay Preston’s guarantee.
And-Ones: Towns, Smith, George, Moneke
The President of the Dominican Basketball Federation, Rafael Uribe, says there’s a “90 percent” chance that Timberwolves star Karl-Anthony Towns will play in this summer’s FIBA World Cup, Hoops Hype relays. The Dominican team also has several other NBA performers. Lester Quinones, Justin Minaya and Chris Duarte will be part of the Dominican squad that will play a warm-up match against the University of Memphis on August 2, Diamante Deportivo tweets.
We have more from around the basketball world:
- Jabari Smith‘s scoring explosion was one of the notable developments in the Summer League, The Athletic’s John Hollinger writes in a recap of this month’s action. The Rockets’ second-year forward scored 71 points in his 64 summer minutes, signaling that he could be a breakout performer next season after struggling through his rookie campaign.
- In a similar story, ESPN’s Insiders take a closer look at the Summer League’s surprises and disappointments. Kendra Andrews and Tim Bontemps both note that Jazz rookie Keyonte George, the 16th overall pick, was a standout.
- Former NBA forward Chima Moneke has finalized a two-year agreement with Spain’s Baskonia Vitoria-Gasteiz, according to BasketNews.com. Moneke played with AC Monaco last season after a stint with the Kings. Moneke appeared in two NBA games before Sacramento waived him in January.
Suns Sign Bol Bol
JULY 18: The signing is official, according to the NBA transactions log.
JULY 16: The Suns have reached an agreement to sign free agent forward/center Bol Bol to a one-year contract, reports Adrian Wojnarowski of ESPN (Twitter link). According to Shams Charania of The Athletic (Twitter link), Bol’s deal with Phoenix will be fully guaranteed.
The move had been expected since last weekend, when reports indicated that the Suns were the frontrunners to sign Bol. The 23-year-old was waived earlier this month by Orlando, as the Magic opted to move on from him before his salary for 2023/24 became guaranteed.
A second-round pick in 2019, Bol was limited to 53 games in Denver during his first three years in the NBA due to injuries, but enjoyed his best season in 2022/23 with the Magic. The 7’2″ big man stayed on the floor for 70 games and averaged 9.1 points, 5.8 rebounds, and 1.2 blocks in 21.5 minutes per night.
Given his modest $2.2MM salary and his unique skill set, it was a little surprising that the Magic decided to move on from Bol, but he struggled to consistently produce during the second half of last season. In his final 29 games, his playing time and shooting efficiency dropped off, as he scored double-digit points just three times and recorded averages of 5.1 PPG, 4.3 RPG, and 0.7 BPG on .447/.098/.806 shooting.
The Suns agreed to trade Cameron Payne to San Antonio in order to open up a roster spot for Bol, who will sign a minimum-salary contract. Once both moves are official, the club will be carrying 13 players on guaranteed contracts, plus Jordan Goodwin and Ish Wainright on non-guaranteed deals.
Bol figures to compete for minutes in a frontcourt that includes big men Deandre Ayton, Drew Eubanks, and Chimezie Metu.
Northwest Notes: Henderson, Billups, Towns, Juzang, Tyson
Trail Blazers coach Chauncey Billups said that developing lottery pick Scoot Henderson into a top-level point guard is a “personal” project, he told The Athletic’s David Aldridge.
“It’s personal for me,” said Billups, the 2004 Finals MVP. “‘Cause I just remember myself being that dude, third pick in the draft. The expectations. I want to give Scoot what I needed at the time. I can do that. I’ve done everything he wants to do in this league. I struggled mightily early, which I don’t see that happening with him.”
We have more from the Northwest Division:
- The Timberwolves had some pre-draft discussions about a possible Karl-Anthony Towns trade, Ian Begley of SNY TV said on ESPN’s Zach Lowe podcast (hat tip to RealGM). “There were talks between the Timberwolves and other teams before the draft and Towns’ name came up,” Begley said. “I don’t know how aggressive the Timberwolves were with Towns, if at all.” Towns is entering the first year of his four-year super max extension.
- Jazz summer league coach and developmental assistant Evan Bradds said he’s been pushing second-year swingman Johnny Juzang hard, Eric Walden of the Salt Lake Tribune writes. Juzang had a high efficient 26-point outing in the team’s second Summer League game. “I want him to succeed, and I think over the [past] year, we were able to build a good relationship,” Bradds said. “I think if you ask him, he would want to be coached hard. So if you tell me you want me to coach hard, I’m gonna coach you hard, no matter what — when you’re good, when you’re bad. Even during the game, we get a little heated, and that’s OK, that’s part of it.” Juzang is an unrestricted free agent after the Jazz pulled their qualifying offer.
- Second-round pick Hunter Tyson was a standout for the Nuggets in the Summer League, Matt Schubert of the Denver Post writes. Tyson averaged 20.8 points in five games and made half of his 3-point attempts. He also averaged 6.0 rebounds and 1.8 assists.
Nuggets Sign Braxton Key On Two-Way Deal
JULY 18: The signing is official, according to a team press release.
JULY 13: The Nuggets are signing combo forward Braxton Key on a two-way contract, his Excel Sports agents Anthony Coleman and Max Lipsett tell Adrian Wojnarowski of ESPN (Twitter link).
Prior to this agreement, Key had been turning heads as an athletic finisher and defender for the Mavericks’ Summer League team.
Since going undrafted out of Virginia in 2020, the 6’8″ high flyer has bounced around a bit between the G League and the NBA proper. He also enjoyed a brief stint with a club in a Puerto Rican league earlier this year.
Key has served two separate stints on the Sixers’ NBAGL affiliate, the Delaware Blue Coats, in addition to suiting up for two contests with Philadelphia proper on a 10-day contract. He also inked 10-day and two-way deals with the Pistons during the 2021/22 season. He has cumulatively appeared in 14 total NBA games to date.
That said, he has been racking up accolades in the G League of late. With the Blue Coats in 2022/23, Key averaged 13.7 PPG, 7.7 RPG, 4.1 APG, 1.7 SPG and 1.2 BPG with a .523/.402/.638 shooting line en route to a a G League title with Delaware last season. Key was also named to the All-NBA G League Second Team and the NBA G League All-Defensive Team while with the Blue Coats in 2021/22.
Denver extended point guard Collin Gillespie, a two-way player last season, a qualifying offer earlier this summer, making him a restricted free agent. With Key forthcoming, the reigning champs will still have two other two-way vacancies available, with Gillesepie a prime candidate to occupy one of those slots.
Jay Huff Signs Two-Way Deal With Nuggets
JULY 18: The signing is official, according to a team press release.
JULY 16: Free agent center Jay Huff has agreed to sign a two-way deal with the Nuggets, reports Adrian Wojnarowski of ESPN (Twitter link).

This will mark the third two-way contract for Huff, a 7’1″ big man out of Virginia. The 2019 NCAA champion first joined the Lakers on a two-way agreement in 2021/22, and most recently was a two-way player for the Wizards in 2022/23.
Huff has spent most of his pro time with the G League affiliates of those clubs, having appeared in a grand total of just 11 NBA games. In those contests, he’s posted averages of 4.6 PPG on .536/.429/.938 shooting splits, along with 2.3 RPG and 1.0 APG.
Across 28 total regular season appearances split between the Lakers’ NBAGL team, the South Bay Lakers, and then eventually the Wizards’ affiliate, the Capital City Go-Go, Huff posted averages of 15.0 PPG, 7.8 RPG, 2.9 BPG and 1.3 SPG in 2022/23.
For his efforts last season, he was named the NBA G League Defensive Player of the Year, as well as an All-NBA G League First Teamer and an NBA G League All-Defensive Teamer.
Most recently, Huff has been playing for the Rockets’ Summer League club.
The Nuggets also recently agreed to a two-way deal with forward Braxton Key, and have a two-way qualifying offer on the table for guard Collin Gillespie.
Morey Spells Out What He Wants In Potential Harden Deal
Sixers president of basketball operations Daryl Morey says he’s trying to honor James Harden‘s trade request but won’t make a deal unless he can get a top-level player in return, or enough assets to acquire a difference-maker in a separate trade.
In a revealing radio interview on The Anthony Gargano Show, Morey discussed the Harden situation, as well as other roster issues. The quotes were posted by 975TheFanatic.com. Morey said he’s seeking a “running mate” for Joel Embiid in a potential Harden trade, though he’s still hopeful Harden will change his mind.
“I do have a long relationship with him, and I am attempting to honor that,” Morey said. “If we do look at a trade, it will be for one of two things. Either a player who helps us be right there like we were last year. Up 3-2 on one of the best teams in the East, the Celtics. Obviously, we didn’t get it done, but James is one of the reasons we were up 3-2. Or we are going to do it where we get enough draft picks so we can turn those into a player who can be a running mate with Joel. If we don’t get either – a very good player or something we can turn into a very good player – then we will just not do it.”
In regard to finding another top talent to pair with Embiid, Morey expressed hope that Tyrese Maxey could develop into that type of player.
Here are some other highlights from the interview:
- Morey confirmed that the disconnect between Harden and the front office is due to the guard’s contract demands. Harden took a pay cut and signed a two-year deal last summer. He’s seeking a long-term deal, which Philly is reluctant to give him. “He is wishing for a different situation contractually,” Morey said. “That has been the main desire for looking for a new situation. At this point, if we can do something that is win–win, we will look at it. But if we can’t, then we won’t.” Harden picked up his option for next season prior to free agency.
- Morey realizes that fans are weary of the team’s playoff flameouts and says he feels their pain. “Losing the way we did, the fact that this has happened over and over. I do nothing else but try to figure out how to get this team over the hump.”
- Morey tried to calm down fans who are concerned about Embiid’s recent comments about wanting to win a championship “whether it’s in Philly or anywhere else.” He had some fun with that yesterday, that was a very Joel day yesterday. I spoke to him at length, he is very excited,” Morey said. “Coach (Nick) Nurse is planning to do some innovative things for training camp that Joel is excited about. ... He wants to win in Philly. That is the only place he wants to win. He was referencing the fact it is not totally in his control.”
- With Harden and Tobias Harris on expiring contracts, the Sixers could be in the rare position of a contending team with plenty of cap space next summer. Morey plans to protect that cap space as much as possible. He’s hopeful of acquiring another star in that fashion: “What we are attempting to do is not just have the best team this season, but also have the ability to be a very unique team with the most cap room for a team that is as good as us. The new CBA next year will put massive constraints downwards on salaries in the league. So us being the only team with a top player, where another player can join, puts us in a very unique situation.”
- That cap situation for 2024 is why the Sixers aren’t planning to extend Maxey this offseason, Mike Vurkonov of The Athletic tweets. “Because of the quirk of the CBA we will be able to add a significant player next year before we extend Maxey and he’ll be a cornerstone, once we do that, with the franchise for a very long time,” Morey said.
Nets Sign Armoni Brooks To Two-Way Contract
The Nets have signed free agent guard Armoni Brooks to a two-way contract, the team announced today (via Twitter). Michael Scotto of HoopsHype (Twitter link) first reported the agreement.
Brooks, 25, has appeared in 74 games for the Rockets and Raptors since the start of the 2020/21 season, averaging 6.9 PPG and 2.3 RPG on .366/.330/.758 shooting. He was in camp with Atlanta last fall before being waived in October.
Although he hasn’t really shown it at the NBA level yet, Brooks is a solid outside shooter, having made 38.6% of his career three-pointers on 7.2 attempts per game in 86 G League contests. He also played well for the Nets’ Summer League team in Las Vegas this month, putting up 17.8 PPG on a scorching hot .500/.476/.875 shooting line.
Brooks and Jalen Wilson now occupy two of Brooklyn’s three two-way contract slots. RaiQuan Gray had also been on a two-way deal with the team, but was waived this afternoon, so the Nets still have one slot open.
Nets Waive RaiQuan Gray
The Nets have officially waived forward RaiQuan Gray, the team announced today (Twitter link). Gray had been on a two-way contract with the team.
The 59th overall pick in the 2021 draft out of Florida State, Gray spent his first professional season in the G League with the Long Island Nets. He signed a training camp contract with Brooklyn in the fall of 2022 but didn’t make the regular season roster and was cut before opening night, ultimately spending a second season in Long Island before being promoted to a two-way deal during the final week of the 2022/23 season in April.
After an underwhelming rookie season at the G League level, Gray emerged as a full-time starter this past year, averaging 15.4 PPG, 7.6 RPG, and 2.6 APG with a .578/.382/.629 shooting line in 18 games (30.6 MPG).
Because the two-way deal he signed in the spring included a second year, Gray remained under contract with the Nets when the ’22/23 league year ended and the ’23/24 league year began. However, it seems he wasn’t in the team’s plans for the coming season after all.
With Gray on waivers, Brooklyn now has Jalen Wilson and Armoni Brooks, who signed with the team today, on two-way contracts.
