Fischer’s Latest: Beasley, Martin, Hyland, Cavaliers

Following the recent report that Malik Beasley is no longer the target of a federal gambling investigation, it is expected that the sharp-shooting free agent will rejoin the market as one of the more valuable players still available. One of the teams that has shown interest in his services is the Knicks, writes Jake Fischer for The Stein Line, confirming a report from Ian Begley of SNY.tv.

The Knicks currently have an open roster spot, and have been rumored to be considering Landry Shamet or Ben Simmons for the role, though there’s debate as to how real the Simmons interest is. Fischer notes that the Knicks’ interest in Beasley dates back to their first-round playoff series against the Pistons, who still hold his Non-Bird rights.

Begley, in a tweet, adds that it wouldn’t be surprising if Beasley’s market was more than the veteran minimum contract the Knicks would be able to offer. Beasley reportedly had a three-year, $42MM deal on the table from the Pistons before news of the gambling investigation broke and Detroit moved on to signing Duncan Robinson.

Beasley averaged 16.3 points per game last season while shooting 41.6% from three on 9.3 attempts and earning the runner-up status for Sixth Man of the Year. Despite coming off the bench for all but 18 games, Beasley ranked second in the league in total made three-pointers.

We have more news from Jake Fischer’s latest article:

  • While rival teams expect the Warriors to sign Al Horford, Gary Payton II, and De’Anthony Melton once their stalemate with Jonathan Kuminga is resolved, they will still have more moves to make. One name that they’re considering, according to Fischer, is Cody Martin. Fischer notes that Martin has interest from multiple playoff teams, and is waiting to determine if Golden State would offer the best situation or if it would be better to make his choice once training camps have started. The 6’5″ wing has struggled with his shot in recent years but is a strong athlete and capable defender.
  • The Timberwolves are hoping to bring Bones Hyland back with one of their two remaining roster spots, Fischer writes, confirming prior reporting from The Athletic. Hyland, a 24-year-old scoring guard, played just four games with the Wolves last year after starting the season with the Clippers, with whom he averaged 7.2 points and shot 38.8% on three-point attempts in 11.1 minutes per night. Hyland would provide depth for the Wolves’ point guard rotation, which currently features 38-year-old Mike Conley and 21-year-old Rob Dillingham,
  • The Cavaliers also have two open roster spots, but Fischer writes that they’re not expected to fill the 15th spot heading into the season. With a massive payroll and a punitive luxury tax bill, Fischer instead expects them to sign a a 14th man to a non-guaranteed contract and leave the 15th spot open.

Warriors, Spurs Interested in Trey Murphy III

The Warriors remain locked in a contract standoff with restricted free agent Jonathan Kuminga, but that hasn’t kept them from poking around the league for upgrades on the trade market. One name that has come up in their search, writes Jake Fischer for The Stein Line, is Pelicans wing Trey Murphy III.

Fischer says the Warriors approached the Pelicans about Murphy this summer. However, he notes that New Orleans has turned away offers for the recently-turned 25-year-old, who is coming off a breakout year that saw him score 21.2 points per game after averaging 14.6 PPG over the previous two years.

Murphy, who is on a favorable contract (four years, $112MM), is a 6’8″ wing who can shoot (career 38.3% from three), defend at a solid level, and has shown flashes of self-creation. The Warriors have placed a premium on shooting, as illustrated by Fischer’s report that they have refused to consider sign-and-trade offers that would force them to part with either Moses Moody or Buddy Hield, two of the team’s top marksmen outside of Stephen Curry.

Fischer adds another name to the list of potential suitors for Murphy: the Spurs. According to Fischer, San Antonio has also registered trade interest in the athletic wing.

Murphy would be a clean fit with the Spurs, who could use a big wing shooter to complement guards De’Aaron Fox, Dylan Harper, and Stephon Castle – an extremely talented trio that doesn’t feature a reliable outside shooter – as well as versatile forward Jeremy Sochan.

However, all the reasons teams such as the Spurs and Warriors are interested in Murphy’s services are also reasons the Pelicans would be reluctant to part with him. That’s especially true given the uncertainty surrounding Zion Williamson, both in terms of his long-term health and off-court allegations. Murphy, the recently extended Herb Jones, and Jose Alvarado have been on the team longer than anyone outside of Williamson, and Murphy’s game has grown tremendously in that time.

Warriors, Jonathan Kuminga Still Locked In Contract Standoff

Restricted free agent forward Jonathan Kuminga remains locked in a contract standoff with the Warriors nearly two months after free agency opened, reports Jake Fischer of The Stein Line (Substack link).

The Warriors been unwilling to offer Kuminga more than $45MM over two years, according to Fischer, who says Golden State has also been “unwavering” in its stance that the contract would feature a second-year team option and would require Kuminga to waive his right to veto trades.

Echoing previous reporting by Anthony Slater of ESPN, sources tell Fischer that Kuminga and agent Aaron Turner are looking for more long-term security and haven’t shown any interest to this point in the Warriors’ proposal, viewing it as an easy way for the team to trade him during the season.

To drive home that point, Fischer states that Golden State discussed sending Kuminga to Phoenix ahead of the February trade deadline when the Warriors were pursuing Kevin Durant, who essentially nixed the deal. Durant was later traded from the Suns to the Rockets.

According to Fischer, the Warriors have been “discouraging” sign-and-trade scenarios for Kuminga after previous proposals from the Kings and Suns failed to meet the team’s asking price.

While accepting his $7.98MM qualifying offer would cost Kuminga a substantial amount of short-term money, it would also put him in a better position to dictate his future, since it comes with a no-trade clause for 2025/26 and the ability to reach unrestricted free agency next summer. As Fischer writes, Kuminga could reasonably view offseason interest from Sacramento, Phoenix and Chicago as an encouraging sign for his potential market in 2026.

Signing the QO, which has a deadline of Oct. 1, would undoubtedly be risky for Kuminga, but it might be even riskier for the Warriors, Fischer notes, since they don’t want to lose the former No. 7 overall pick for nothing.

Pacers, Assistant Coach Mike Weinar Part Ways

The Pacers and assistant coach Mike Weinar have “mutually agreed to part ways,” the team announced Friday (link to press release).

Weinar has spent the majority of his NBA career working with head coach Rick Carlisle. He spent 13 seasons under Carlisle in Dallas, the last four as an assistant, prior to being hired by Indiana in 2021 when Carlisle rejoined the Pacers organization.

Mike Weinar has been a trusted friend and loyal colleague for 17-plus years,” Carlisle said in a statement. “As a coach, he is a proven winner with two National Championship rings with Florida Men’s Basketball in 2006 and 2007, and an NBA Championship ring from our 2011 championship run in Dallas. Mike also played a major role in this year’s historic Finals run with the Pacers.

Mike’s exemplary character as a father, husband, and man has been evident to me over nearly two decades. Professional success has followed Mike everywhere he has gone, and will no doubt continue to do so in the future.”

According to Scott Agness of Fieldhouse Files (Twitter link), Weinar was an “integral” part of the Pacers’ “game-planning, offense, and end-of-game scenarios.”

The 41-year-old was reportedly in the running to be the Knicks’ top assistant and offensive coordinator under new head coach Mike Brown. Weinar wound up withdrawing from that position, which went to veteran assistant Chris Jent.

Czechia’s Tomas Satoransky To Miss EuroBasket With Back Injury

Former NBA guard Tomas Satoransky will miss EuroBasket 2025 due to a lingering back injury, he announced today on social media (Instagram link). The tournament begins next week.

I had to make a very difficult decision today,” Satoransky wrote, per Sportando. “Those who know me understand what it means for me to play for the national team and how much I wanted to take part in my fifth European Championship in national colors. However, due to my current health condition, I cannot help the guys the way I would like and as expected of me. Therefore, I must apologize for withdrawing.

… Before the summer, I didn’t know if this would be my ‘last dance’ with the national team, but now I know for sure that I want to say goodbye on the court! I believe we will all see each other soon in the arena, and I’m keeping my fingers crossed from afar in Riga for the guys, hoping they can add another valuable result for Czech basketball.”

The 32nd pick of the 2012 draft, Satoransky spent several years in Spain before coming to North America, where he appeared in 388 NBA regular season games — including 182 starts — from 2016-22. He holds career averages of 6.9 points, 4.1 assists and 2.9 rebounds on .468/.354/.820 shooting in 22.2 minutes per game.

Since he returned to Europe in the summer of 2022, Satoransky has been a valuable role player for the Spanish EuroLeague club Barcelona. He turns 34 years old in a couple months.

Ex-NBA big man Jan Vesely, Satoransky’s teammate with Barca, will also miss the EuroBasket tournament for Czechia as he continues to rehab from injuries which plagued him in the second half of 2024/25.

Czechia’s official 12-man roster is headlined by Hawks guard Vit Krejci, according to FIBA. The other 11 players are Richard Balint, Jaromir Bohacik, Vojtech Hruban, Adam Kejval, Martin Kriz, Petr Krivanek, Tomas Kyzlink, Martin Peterka, Ondrej Sehnal, Martin Svoboda and Jak Zidek.

Suns Owner Mat Ishbia Talks Missteps, Culture Shift, Championship Window

Suns majority owner Mat Ishbia has conceded that he made some team- and culture-building missteps during his first few seasons at the helm. Ishbia is on his fourth head coach in as many years and has already cycled through multiple Hall of Fame players since the end of the 2022/23 season when he assumed control of the franchise.

In an interview on Arizona Sports’ Burns and Gambo show, Ishbia took the blame for the club’s struggles to define its culture. He has addressed this issue in other media appearances this offseason.

“We have young players that are ascending instead of players that are descending,” Ishbia said. “We have players that wanna be here, that are bought into the Phoenix Suns’ culture. I can take the criticism for not defining (that culture) well enough when I bought the team, but it is defined very clearly now.”

These pointed remarks certainly seem to be allusions to the awkward fit of two pricey veterans, All-Star forward Kevin Durant and former All-Star guard Bradley Beal. Neither player remains on the roster, although Phoenix reaffirmed its commitment to homegrown superstar guard Devin Booker this summer with a two-year extension that could be worth up to $145MM.

Here’s more from Ishbia’s interview, which is well worth hearing in full:

On the current roster’s buy-in:

“There is not a player on the team that does not understand what we’re about. There’s not a coach, there’s not anyone in the front office that does not understand that it’s for the fans, and we’re gonna develop a team that they’re gonna be proud of year in and year out.”

On the revamped team’s new long-term title trajectory:

“What I expect is we’re gonna be competitive, a team that you’re gonna be proud of and we’re gonna be building… Over the next couple years, you’re gonna see us follow that same Phoenix Mercury path to be competing for a championship, playing hard.”

On his original expectations for a ready-made champion when he bought the team:

“When I bought the Suns originally, I thought we were on third base… Now, I’ve set a vision. I’ve said, ‘Hey, I know what kind of guys I want, we ain’t trading for guys who aren’t like this.’ …Do I expect it to take a couple years to get to the point where you’re like, ‘Wow, I see the vision?’ Yes.”

NBA 2025 Offseason Check-In: Orlando Magic

Hoops Rumors is checking in on the 2025 offseason for all 30 NBA teams, recapping the summer’s free agent signings, trades, draft picks, departures, and more. We’ll take a look at each team’s offseason moves and consider what might still be coming before the regular season begins. Today, we’re focusing on the Orlando Magic.


Free agent signings

  • Tyus Jones: One year, $7,000,000. Signed using non-taxpayer mid-level exception.
  • Moritz Wagner: One year, $5,000,000. Re-signed using Bird rights.

Trades

  • Acquired Desmond Bane from the Grizzlies in exchange for Kentavious Caldwell-Pope, Cole Anthony, the No. 16 pick in the 2025 draft, the Magic’s 2026 first-round pick (with swap rights; details below), the Magic’s 2028 first-round pick, the Magic’s 2030 first-round pick, and the right to swap first-round picks with the Magic in 2029 (top-two protected).
    • Note: The Grizzlies will have the ability to swap the Magic’s 2026 first-round pick for the Suns’ 2026 pick (if the Wizards’ first-rounder lands outside of the top eight) or for the least favorable of the Suns’ and Wizards’ 2026 picks (if the Wizards’ first-rounder lands in the top eight).
  • Acquired the draft rights to Noah Penda (No. 32 pick) from the Celtics in exchange for the draft rights to Amari Williams (No. 46 pick), the draft rights to Max Shulga (No. 57 pick), either the Pistons’, Bucks’, or Magic’s 2026 second-round pick (whichever is most favorable), and either the Celtics’ or Magic’s 2027 second-round pick (whichever is most favorable).
    • Note: The Celtics had traded their 2027 second-round pick to the Magic in a previous deal.

Draft picks

  • 1-25: Jase Richardson
    • Signed to rookie scale contract (four years, $15,308,562).
  • 2-32: Noah Penda
    • Signed to four-year, $8,685,386 contract. First two years guaranteed. Third year non-guaranteed. Fourth-year team option.

Two-way signings

  • Jamal Cain
    • One year, $85,300 partial guarantee (will increase to $318,218 at start of regular season).
  • Orlando Robinson
    • One year, $85,300 partial guarantee (will increase to $318,218 at start of regular season).

Departed/unsigned free agents

Other roster moves

  • Signed Paolo Banchero to a five-year, maximum-salary rookie scale contract extension that begins in 2026/27. Projected value of $239,934,400. Projected value can increase to $287,921,280 if Banchero makes an All-NBA team or is named MVP or Defensive Player of the Year.
  • Declined their team options on Gary Harris and Cory Joseph.
  • Waived Ethan Thompson (two-way contract).

Salary cap situation

  • Operating over the cap ($154.6MM) and above the luxury tax line ($187.9MM).
  • Carrying approximately $193.5MM in salary.
  • Hard-capped at $195,945,000.
  • Portion of non-taxpayer mid-level exception ($7,104,000) available.
  • Full bi-annual exception ($5,134,000) available.

The offseason so far

The most significant roster move the Magic made since their season ended was actually completed before the summer or the NBA offseason officially began. While the NBA Finals were still in progress, the front office struck a deal to acquire swingman Desmond Bane from the Grizzlies, giving up four first-round picks and a first-round pick swap to get it done.

It was a steep price to pay for someone who has never made an All-Star team and who averaged fewer than 20 points per game in 2024/25, but Bane is exactly the type of player Orlando needed.

Even as the roster jelled and they returned to the playoffs during the past two seasons, three-point shooting remained an issue for the Magic. The team’s 31.8% success rate last season didn’t just rank dead last in the NBA — the gap between Orlando and 29th-place Washington was bigger than the gap between the third- and 17th-place teams in that category.

Bane is one of the NBA’s top marksmen from beyond the arc — he holds a career average of 41.0% on 6.3 attempts per game and has never made fewer than 38.1% in a season. And while he’s not an All-Defensive caliber player, he won’t hurt you at all on that end of the court, especially since he likely won’t handle the toughest assignments for a Magic team that ranked second in the league in defensive rating without him last season.

Of course, it’s worth noting that the Magic signed three-and-D specialist Kentavious Caldwell-Pope in free agency a year ago for many of the same reasons they acquired Bane this summer, and that was a bust. Caldwell-Pope’s 34.2% 3PT% in 2024/25 was his worst mark in nearly a decade. But Bane is a more well-rounded and dynamic player than KCP, has a more consistent track record as a shooter and scorer, and is five years younger. At age 27, Bane is still very much in his prime and should be part of Orlando’s core for years to come.

Besides ranking last in the NBA in three-point shooting last season, the Magic also finished 30th in assists per game. Jalen Suggs‘ lengthy injury absence was a factor, but even when he’s on the court, Suggs isn’t really a traditional point guard, so adding a player who better fit that bill was a top priority this summer. Orlando achieved that goal by using about half of its non-taxpayer mid-level exception to sign Tyus Jones to a one-year, $7MM contract.

Jones’ one-year stint in Phoenix was a disappointment, but little went right for the Suns in 2024/25, so it’s hard to place too much of the blame blame on Jones. He averaged double-digit points and at least five assists per game for a third straight season while continuing to take care of the ball at an elite level (his minuscule 1.1 turnovers per contest were, improbably, a career worst). Crucially, he matched a career high by making 41.4% of his three-pointers, an important consideration for a Magic team that won’t want to rely solely on Bane to upgrade its outside shooting.

With Bane and Jones on the books and Jase Richardson (No. 25) and Noah Penda (No. 32) added in June’s draft, the Magic were already moving into luxury tax territory, but they were still willing to go up to $5MM to re-sign Moritz Wagner to a one-year deal rather than targeting a 14th man willing to accept the veteran’s minimum.

That Wagner deal will make it a little more difficult for the Magic to duck under the tax line later in the season, but it could turn out to be a bargain if the big man is able to return during the first half of the season from the ACL tear he suffered last December. Prior to that injury, Wagner was on track for a career year, setting or matching career highs in several categories, including points (12.9) and rebounds (4.9) per game. He’ll provide important frontcourt depth if and when he’s back to 100%.

Given all the first-round picks the Magic gave up for Bane, we probably have to consider that trade the most meaningful transaction the team made this offseason. But if so, signing former No. 1 overall pick Paolo Banchero to a five-year, maximum-salary rookie scale extension comes a very close second.

Banchero was limited to 46 games due to an oblique injury and saw his shooting percentages drop a little in his third NBA season, but he averaged 25.9 points and 7.5 rebounds per game, both career highs. A year earlier, the Magic had signed Franz Wagner to a maximum-salary rookie scale extension after he experienced a similar shooting dip in his third year, so there was no doubt that Banchero would get the same commitment.

Now the big question is whether Banchero will make an All-NBA team in 2026. If he does, it would bump his projected first-year salary from $41.4MM (25% of the cap) to $49.6MM (30%), and the cap/apron crunch that’s already facing Orlando beginning in 2026/27 would only become more challenging to navigate.


Up next

The Magic have 14 players on guaranteed standard contracts and have a team salary of $193.5MM, which would seemingly give them just enough room below their $195.9MM hard cap to add a 15th man on a minimum-salary contract. However, because Bane’s contract includes $1.2MM in unlikely incentives that count against the apron, Orlando doesn’t have the ability at this time to fill that final roster spot. Unless the team makes a cost-cutting move, that will have to happen later in the season.

There is still a two-way opening on the roster though, alongside new additions Jamal Cain and Orlando Robinson. Last season’s two-way players Trevelin Queen and Mac McClung remain unsigned, but Queen is no longer eligible for a two-way deal and the Magic withdrew their qualifying offer for McClung last month, suggesting that they’ll go in another direction with that spot.

When Lester Quinones recently agreed to an Exhibit 10 contract with Orlando, reporting indicated he’ll be given a chance to compete for a two-way deal in training camp. I’d expect the Magic to sign at least a couple more players to get in on that competition before their camp gets underway.

With Banchero locked up, there are no extension candidates remaining for Orlando this fall. The team’s most important players – Banchero, Wagner (Franz, not Moritz), Bane, and Suggs – are all already under contract through at least 2028/29, while promising young guard Anthony Black won’t become eligible for a rookie scale extension until next July.

Miles Norris Signs With Barcelona

Less than two weeks after being waived by the Celtics, forward Miles Norris has lined up his next team, having agreed to a one-year deal with Barcelona, the Spanish club announced in a press release.

Norris, who went undrafted out of UC Santa Barbara in 2023, spent time on two-way contracts in each of his first two professional seasons, first with Atlanta during the first half of the 2023/24 season, then with Boston during the final month-plus of ’24/25. His deal with the Celtics covered two seasons, but he was cut earlier this month in order to open up a two-way slot for rookie Amari Williams.

Norris played sparingly in three total appearances for Boston at the NBA level, but was effective in the G League last season. The 6’9″ forward averaged 16.6 points, 5.6 rebounds, and 1.4 assists in 30.5 minutes per game across 44 total outings for the Memphis Hustle and Maine Celtics, with a shooting line of .464/.388/.791.

Norris is joining a Barcelona squad that finished fifth in both Spain’s Liga ACB and the EuroLeague last season, posting a 21-13 mark in domestic play and a 20-14 record in the EuroLeague. The team was eliminated in the quarterfinals of both leagues’ playoffs.

Barcelona’s roster also features former NBA players like Jan Vesely, Willy Hernangomez, Tornike Shengelia, and Tomas Satoransky. The club’s interest in Norris was reported earlier this week.

Kings’ Malik Monk Still On Trade Block?

The Kings have been “trying very hard” to trade guard Malik Monk this offseason, a league source tell Grant Afseth of Dallas Hoops Journal.

According to Afseth and Ashish Mathur of Dallas Hoops Journal, Sacramento would like to create an opening in its backcourt to sign Russell Westbrook, who would become the team’s sixth man behind new starting point guard Dennis Schröder.

The fact that Monk has been on the trade block this summer isn’t breaking news. His name has come up in rumors since even before the start of free agency, when word broke that the Kings’ front office was gauging the market for him and fellow guard Devin Carter.

During the opening days of the free agent period, Monk was linked to the Pistons as part of a potential sign-and-trade for Schröder, but Sacramento and Detroit ended up completing that deal without Monk’s involvement. The Kings took Schröder into an existing traded player exception and the Pistons generated a new TPE of their own by not taking any players back.

Monk is also said to be part of the Kings’ latest offer to the Warriors for restricted free agent Jonathan Kuminga, but Golden State isn’t interested in taking on the 27-year-old’s contract, which includes an $18.8MM cap hit for this season and has three years and $60.6MM remaining in total. Signing-and-trading Kuminga to Sacramento for Monk would either require the Warriors to include another mid-sized contract or would hard-cap them at the first tax apron, compromising their ability to fill out the rest of their roster.

Monk averaged a career-high 17.2 points per game last season and is just one year removed from finishing second in Sixth Man of the Year voting in 2024. He’s also nearly 10 years younger than Westbrook, so it’s a little surprising that the Kings would be looking to move Monk in order to sign the 36-year-old free agent, but that rumor has persisted since early July.

It’s worth noting that the Kings overhauled their basketball operations department this spring, with Scott Perry replacing former general manager Monte McNair. Sacramento’s new top decision-maker didn’t acquire Monk or sign him to his current extension and doesn’t appear to have the same level of attachment to him that the old front office did.

Malik Beasley No Longer Target Of Federal Investigation

Free agent wing Malik Beasley is no longer a target of the federal gambling investigation being conducted by the Eastern District of New York, attorneys Steve Haney and Mike Schachter tell Shams Charania of ESPN.

Word broke in June, just ahead of free agency, that Beasley was under federal investigation due to allegations related to gambling and prop bets made the 2023/24 season. According to Charania, Beasley’s lawyers have had “extensive” discussions with the Eastern District of New York in recent weeks and learned that the investigation isn’t targeting their client.

“Months after this investigation commenced, Malik remains uncharged and is not the target of this investigation,” Haney said. “An allegation with no charge, indictment or conviction should never have the catastrophic consequence this has caused Malik. This has literally been the opposite of the presumption of innocence.”

While Beasley is legally afforded the presumption of innocence, it wouldn’t have made sense for an NBA team to sign him without assurances that he would be cleared. A worst-case outcome for Beasley would have meant a lifetime ban from the league, similar to the one levied by the NBA on Jontay Porter after it was determined that Porter manipulated prop bets by exiting at least one game early, citing health reasons.

As Charania details, investigators in this case were believed to be focused on unusually heavy betting activity on Beasley’s statistics in January 2024, including a Jan. 31 game in which action on his “under 2.5 rebounds” prop bet surged significantly in the hours leading up to tip-off — he ended up grabbing six rebounds in that game.

Multiple reports published in late June and early July indicated that Beasley was dealing with a number of financial issues, including facing a lawsuit from his former marketing agency. Court records earlier this month suggested that the 28-year-old had been sued by his landlord and evicted from his apartment.

While Charania’s report doesn’t definitively state that Beasley is 100% in the clear, it doesn’t sound as if any charges are forthcoming, so it seems likely there will be renewed interest from NBA teams interested in signing him. He’s coming off a strong season in Detroit in which he was the Sixth Man of the Year runner-up after averaging 16.3 points per game and ranking second in the NBA in three-pointers made (319).

Before news of the investigation broke, the Pistons and Beasley were working toward a potential three-year deal worth roughly $42MM, according to Charania, who notes that other clubs had interest in the sharpshooter and some have stayed in touch with his representatives about his status.

Detroit no longer has the ability to sign Beasley for $42MM over three years — that would have required cap room or the non-taxpayer mid-level exception, which has since been used on Caris LeVert. But the Pistons do still hold his Non-Bird rights, giving them the ability to offer a 2025/26 salary up to $7.2MM (a 20% raise on last season’s $6MM salary). Few teams – and even fewer playoff contenders – still have the ability to offer more than that amount at this point in the offseason.

The Knicks are among the other teams that have done due diligence on Beasley’s situation, tweets Ian Begley of SNY.tv, though they could only offer a minimum-salary contract.