Kings To Sign Dennis Schröder To Three-Year Deal

July 2: Schröder will be sent to Sacramento via sign-and-trade, reports Omari Sankofa II of The Detroit Free Press (Twitter link).

Structuring the move that way will allow the Kings to take Schröder into their $16.8MM trade exception while preserving their full mid-level exception, and will let the Pistons either create a $14MM+ trade exception or expand the deal to take back a player earning up to nearly $23MM.

It’s not yet clear what the Kings will send to the Pistons as part of the deal, but it’ll likely be a minor asset. Although the two teams discussed Monk, as noted below, reporting on Tuesday indicated he wouldn’t be involved in this transaction.


July 1: The Kings are signing Dennis Schröder to a three-year contract worth $45MM, reports ESPN’s Shams Charania (Twitter link). The deal will be fully guaranteed through two years, with a partial guarantee on the third season, per Vincent Goodwill of Yahoo Sports (Twitter link).

Marc Stein and Jake Fischer reported a few hours before free agency opened that the German guard was expected to sign with Sacramento for the full non-taxpayer mid-level exception, while Fred Katz of The Athletic (Twitter link) said on Monday evening that Schröder would agree to a deal with Sacramento.

Those earlier reports pointed toward a two-year deal, but Schröder will get an extra year. It still could be a non-taxpayer MLE deal, which would be worth roughly $44.4MM over three years, though a sign-and-trade is a possibility — contracts signed via sign-and-trade must cover at least three seasons, which may explain the additional year.

There were rumors on Monday that Detroit and Sacramento were exploring a deal that would include Malik Monk. The Kings could also acquire Schröder via sign-and-trade using a sizable trade exception they created earlier this year. In that scenario, they wouldn’t have to send out any matching salary.

According to Goodwill, no sign-and-trade has been agreed to at this point, but that could change in the coming days.

After spending his first five NBA seasons in Atlanta, Schröder has bounced around the league over the past seven years, playing for eight different teams. That was particularly true of the 2024/25 campaign, when he was traded from Brooklyn to Golden State in December and then rerouted to Detroit before the February deadline.

Overall, the former first-round pick (No. 17 overall in 2013) played in 75 games last season, including 48 starts (28.1 minutes per contest), averaging 13.1 points, 5.4 assists and 2.6 rebounds on .406/.342/.838 shooting. He also had a strong playoff showing for the Pistons, averaging 12.5 PPG, 3.7 APG, 2.5 RPG and 1.2 SPG on .491/.476/.813 shooting in six games during the team’s first-round loss to New York (27.3 MPG).

Schröder, who turns 32 years old in September, will provide speed, ball-handling, and point-of-attack defense to a Kings team in need of point guard help after trading De’Aaron Fox to San Antonio in February. He marks the first significant free agent addition of the new front office, which is led by general manager Scott Perry.

Jazz Sign First-Rounders Ace Bailey, Walter Clayton Jr.

The Jazz have put out a press release officially announcing that they’ve signed first-round draft picks Ace Bailey and Walter Clayton Jr. to their rookie scale contracts.

Bailey, considered by many draft experts to be the third-best prospect in this year’s draft behind only Cooper Flagg and Rutgers teammate Dylan Harper, didn’t conduct any workouts during the pre-draft process as his camp appeared focused on getting him to a specific destination.

While Utah wasn’t believed to be that destination of choice, the Jazz’s front office decided Bailey’s upside was worth the risk, sight unseen — he didn’t make it past the team’s pick at No. 5 overall, and after some speculation about whether or not he’d report, he arrived in Utah as planned.

In 30 games for the Scarlet Knights last year, the 18-year-old averaged 17.6 points, 7.2 rebounds, and 1.3 blocks per contest, with shooting splits of .460/.346/.692.

Assuming he signed for the maximum allowable 120% of the rookie scale, which is a safe bet, Bailey will earn $9.1MM in 2025/26, and will net $41.2MM across the balance of his first four seasons.

[RELATED: Rookie Scale Salaries For 2025 NBA First-Round Picks]

Outside of the lottery, the Jazz traded up for the draft rights to Florida guard Clayton with the No. 18 pick. The 6’2″ guard is set to make nearly $4MM as a rookie, and will earn a total of $19.3MM over the course of his deal.

Clayton, a consensus first-team All-American who helped lead the Gators to the NCAA title last season, logged averages of 18.3 PPG, 4.2 APG, 3.7 RPG and 1.2 SPG in 39 healthy games. He posted a shooting line of .448/.386/.875.

Bucks Waive Chris Livingston

The Bucks have waived forward Chris Livingston, according to the official transaction log at NBA.com.

Livingston had two years left on the contract he signed with Milwaukee as a second-round pick in 2023, but his $2.22MM salary for 2025/26 was non-guaranteed as long as he was placed on waivers on or before July 15. As a result, it will no longer count against the Bucks’ cap.

[RELATED: Early NBA Salary Guarantee Dates For 2025/26]

The 58th overall pick in 2023 out of Kentucky, Livingston struggled to earn minutes over the course of two seasons in Milwaukee, making just 42 total appearances and averaging 1.3 points and 1.3 rebounds in 4.7 minutes per game.

The 21-year-old did show some promise at the G League level. In 18 outings for the Wisconsin Herd this past season, he averaged 18.1 points, 8.2 rebounds, 2.0 assists, and 1.1 steals in 29.5 minutes per game, with a shooting line of .485/.301/.828.

Releasing Livingston will generate a little extra cap room for the Bucks, who are making a series of transactions to create the space necessary to complete their four-year, $107MM deal with Myles Turner when the July moratorium ends.

Jalen Bridges To Sign Camp Deal With Celtics

The Celtics have added free agent forward Jalen Bridges to their Summer League squad and plan to bring him to training camp to compete for a roster spot, sources inform Jay King of The Athletic (Twitter link).

Bridges, who was on a two-way contract with the Suns during his 2024/25 rookie season, will likely end up signing an Exhibit 10 contract with Boston. Exhibit 10 deals can be converted into two-way contracts, which would be a pathway to making the roster.

On an Exhibit 10 deal, Bridges would also be eligible to earn a bonus worth up to $85K if Boston cuts him before the start of the season, provided he sticks with the club’s G League affiliate, the Maine Celtics, for at least 60 days.

A 6’8″ forward out of Baylor, Bridges appeared in just eight games and logged 30 total minutes at the NBA level for the Suns last season. However, across 31 regular season contests for Phoenix’s NBAGL squad, the Valley Suns, the 24-year-old put up solid averages of 14.3 points, 5.7 rebounds, 1.6 assists, 1.3 steals, and 0.7 blocks per game, with a shooting line of .425/.386/.794.

Phoenix didn’t give Bridges a two-way qualifying offer this past weekend, making him an unrestricted free agent.

Mavs To Name Frank Vogel Associate Head Coach

The Mavericks intend to make Frank Vogel their associate head coach under Jason Kidd, reports Michael Scotto of HoopsHype (Twitter link). Vogel served as a coaching consultant for the team last season.

Generally considered a defense-oriented coach, Vogel has had a good deal of success during prior stops with the Pacers (2011-16), the Lakers (2019-22), and even the Suns (2023-24), although he did spend two seasons (2016-18) struggling to make a misaligned Magic roster soluble.

All told, he boasts a 480-422 (.532) regular season coaching record and a 49-43 playoff mark. Vogel lead the Lakers to a championship in 2020 with Kidd on his staff as an assistant.

As Marc Stein of The Stein Line observes (via Twitter), Vogel is the second former NBA head coach to reach a deal with the Mavs this offseason, joining Jay Triano. Kidd’s staff is undergoing some changes, with lead assistant Sean Sweeney having departed for San Antonio in June after Alex Jensen left for the University of Utah in March.

Another Mavs assistant, Jared Dudley, is in advanced talks to join the rival Nuggets as the lead assistant under David Adelman, Stein notes, while God Shammgod may also end up leaving Dallas for Orlando.

The Mavs’ new-look staff will be tasked with maximizing the potential of a team incorporating No. 1 overall pick Cooper Flagg to a roster headlined by aging stars Anthony Davis, Kyrie Irving (who will be rehabbing an ACL injury for much of the year), and Klay Thompson.

Deandre Ayton To Sign With Lakers

After officially clearing waivers on Wednesday, center Deandre Ayton has agreed to sign with the Lakers as an unrestricted free agent, confirms Shams Charania of ESPN (Twitter link).

Ayton’s new deal with the Lakers will cover two years and will be worth $16.6MM, with a second-year player option, according to Jake Fischer of The Stein Line (Twitter links).

Fischer and Marc Stein of The Stein Line (Twitter link) first reported that rival teams with interest in Ayton were expecting him to commit to the Lakers after he cleared waivers, while NBA insider Chris Haynes (Twitter link) also reported that the former No. 1 overall pick was on track to end up in Los Angeles.

Ayton, who agreed to give up $10MM of his $35.6MM salary in a buyout with Portland, will be signed into the remainder of the Lakers’ non-taxpayer mid-level exception following their deal with Jake LaRavia, tweets cap expert Yossi Gozlan. In total, the big man will make about $34MM this season between his Blazers and Lakers contracts.

It’s a significant move for the Lakers, who had been on the hunt for a center since trading Anthony Davis to Dallas in the Luka Doncic trade in February. The club agreed in principle to acquire Mark Williams from the Hornets at February’s trade deadline, but nixed that deal a couple days later due to concerns about Williams’ physical.

The Lakers spent much of their first-round playoff series against Minnesota this spring playing without a traditional center on the floor and made it a top priority entering the summer to address that spot, scouring the trade market and free agency for viable options.

Ayton, who was selected two spots ahead of Doncic in the 2018 draft and shares an agent (Bill Duffy) with the Lakers star, has faced criticism over the years due to questions about his effort and focus. A report out of Portland following his release earlier this week indicated that he frustrated the Blazers by being late to team flights and practices, skipping injury rehab appointments, and throwing “tantrums” in the locker room when he was benched for poor effort.

However, it would be virtually impossible for the Lakers to find a center in free agency who is more talented as a scorer and rebounder than Ayton. He has averaged at least 14.4 points and 10.0 rebounds per game in all seven of his NBA seasons and was the starting center for a Suns team that made the NBA Finals in 2021. He’s also still very much in his prime — he’ll turn 27 years old later this month.

The Pacers, who signed Ayton to a four-year, maximum-salary offer sheet in 2022 that was matched by Phoenix, were among the other teams said to have interest in him, but the Lakers were consistently cited as the frontrunner.

As a result of using their non-taxpayer mid-level exception, L.A. will be hard-capped at the first tax apron in 2025/26. They’re currently about $5.6MM below that threshold for 13 players, tweets ESPN’s Bobby Marks.

Heat Rumors: Young Core, Adebayo, Herro, Rozier, Wiggins

It has been a relatively quiet free agency period so far for the Heat, who agreed to re-sign Davion Mitchell on Saturday and worked out a sign-and-trade deal sending Duncan Robinson to Detroit, but haven’t made any veteran roster additions outside of Simone Fontecchio, who will be sent to Miami in that trade with the Pistons.

According to Barry Jackson of The Miami Herald, Miami are content to “let our young guys show what they can do” this fall, with a full training camp together. As Jackson explains, the Heat believe they can’t accurately judge the current group based on last season’s results due to the Jimmy Butler chaos, changing roles, and Andrew Wiggins‘ health issues, among other factors.

The team also believes that its young prospects – Kel’el Ware, Jaime Jaquez, Nikola Jovic, Pelle Larsson, and Kasparas Jakucionis – all have a chance to be “really good players,” with some of them set to take on increased roles this season, Jackson writes.

The Heat are remaining open to taking a bigger swing if a star hits the trade market, but would only be aggressive if a player in his prime is available, Jackson continues. That’s why Miami wasn’t willing to go all-in for Kevin Durant, with multiple sources telling the Herald that the team never thought it was close to landing the 36-year-old forward.

Whether or not the Heat have the assets to beat out rival suitors if an in-his-prime star such as Giannis Antetokounmpo is on the trade block is a fair question, Jackson notes.

Here’s more on the Heat:

  • Miami haven’t considered the idea of trading Bam Adebayo and/or Tyler Herro in order to launch a rebuild, a source with knowledge of the situation tells the Herald. The Heat believe that tanking fails more often than it works and doesn’t plan to rethink that philosophy, according to Jackson.
  • The Heat also aren’t weighing the idea of waiving and stretching the final year of Terry Rozier‘s contract, which will pay him $26.6MM this season, Jackson says. Unlike Milwaukee with Damian Lillard, Miami doesn’t need the immediate cap savings, so the plan is to either trade Rozier at some point or simply keep him for next season, Jackson adds.
  • Although the Heat are entertaining inquiries on Wiggins, there’s no urgency to move him, according to Jackson, who says the club acquired him from Golden State in February because it likes his game, not to use his contract in a subsequent deal. The Heat view him as a player who can complement Adebayo and Herro.
  • The Heat officially signed undrafted rookie Vladislav Goldin to a two-way contract on Wednesday. Our story on the deal can be found here.

Mavericks To Re-Sign Dante Exum

The Mavericks and Dante Exum have reached an agreement on a one-year deal that will extend the veteran guard’s stay in Dallas, reports Shams Charania of ESPN (Twitter link).

According to Charania, Exum considered two other contenders before agreeing to re-sign with the Mavericks. The expectation is that he’ll take on some added ball-handling responsibilities alongside D’Angelo Russell, with Kyrie Irving expected to miss the start of the season while recovering from a torn ACL.

Exum, who will turn 30 later this month, spent the first seven years of his professional career in the NBA, playing for Utah and Cleveland after being selected fifth overall in the 2014 draft. However, he struggled to establish himself as a reliable rotation player, due in part to his lack of offensive production.

Exum played in Europe for two seasons from 2021-23, developing a reliable three-point shot during his time with Barcelona and Partizan Belgrade, then returned stateside during the 2023 offseason and has played in Dallas since then.

Injuries, which hampered Exum’s development earlier in his career, have continued to be an issue during his second NBA stint, limiting him to 75 total appearances across the past two seasons, including just 20 last season due to right wrist surgery and a broken left hand.

But he has been a very effective role player for the Mavs when healthy, averaging 8.0 points, 2.8 assists, and 2.4 rebounds in 19.5 minutes per game, with a shooting line of .516/.472/.768.

Once Irving’s new deal is done and Russell officially signs, the Mavs won’t have enough room below a hard cap at the second tax apron to re-sign Exum on a minimum-salary deal, so they’ll need to make a corresponding roster move at some point to finalize all those moves, as cap expert Yossi Gozlan notes (via Twitter).

Waiving Brandon Williams, whose salary is mostly non-guaranteed, would be the easiest path to creating that space below the second apron, but he was productive in a rotation role during the second half of last season. Olivier-Maxence Prosper, a 2023 first-round pick, has been considered a trade candidate.

Kings Sign Maxime Raynaud To Three-Year Deal

The Kings have signed former Stanford big man Maxime Raynaud to a three-year contract worth $5.95MM, sources tell Michael Scotto of HoopsHype (Twitter link).

The deal is fully guaranteed for the first two seasons, with a team option for 2027/28, Scotto adds. It has been officially completed, per NBA.com’s transaction log.

Sacramento completed the signing using the second-round pick exception. As we detailed earlier today, a three-year contract that uses that exception and starts at the rookie minimum is worth a total of $5,949,688. Second-round picks can sign their contracts during the July moratorium, which is why the Kings didn’t have to wait until July 6 to get it done.

Raynaud, who spent his full four-year college career at Stanford, had a massive season in 2024/25, averaging 20.2 points and a conference-high 10.6 rebounds, along with 1.4 blocks per game. He also began shooting from beyond the arc a little more, knocking down 34.7% of 5.5 three-pointers per game.

Raynaud was the No. 42 overall pick in last week’s draft.

Free Agent Notes: Simmons, Knicks, Shamet, Ayton, Bonga, More

The Knicks have “checked in” on former No. 1 overall pick Ben Simmons, reports Ian Begley of SNY.tv. Simmons has also met with three other teams and is expected to make a decision on his next destination soon, sources familiar with the situation tell Begley.

Simmons is a three-time All-Star who has made a pair of All-Defensive first teams, but has battled injuries in recent years, having appeared in just 108 regular season games since the start of 2021/22.

Begley adds in the same story that the Knicks maintain interest in re-signing free agent wing Landry Shamet, but have competition from teams in both conferences for the 28-year-old. Shamet made 50 appearances for New York last season, averaging 5.7 points per game on .461/.397/.667 shooting.

Given how close the Knicks are to the second tax apron, it would probably be a case of signing Simmons or Shamet (or another veteran free agent), rather than adding both, unless they create a little more spending flexibility via trade.

Given their roster situation

  • After Jake Fischer reported that the Pacers have some interest in center Deandre Ayton, David Aldridge of The Athletic suggests that interest will be reciprocated. According to Aldridge, a source close to Ayton said Indiana will be considered as a possible landing spot for the former No. 1 overall pick. The big man will clear waivers later today.
  • The Serbian club KK Partizan recently announced (via Twitter) a contract extension through 2027 for former NBA forward Isaac Bonga, who appeared in 143 regular season games for three teams from 2018-22. However, Bonga remains on NBA radars, according to Donatas Urbonas of BasketNews.com, who notes that the 25-year-old’s new deal includes an out clause that would give him the ability to return stateside later this summer if he gets an opportunity he likes.
  • Another former NBA forward is headed to Belgrade, with the Serbian club Crvena Zvezda announcing (via Twitter) that it has signed Semi Ojeleye. The 2017 second-round pick made 284 NBA appearances for three teams across five seasons, but hasn’t been in the league since 2022.
  • In accepting a one-year, minimum-salary offer from the Suns, veteran forward Nigel Hayes-Davis turned down a lucrative offer from Fenerbahce, his team in Turkey, that would have had made him one of the highest-paid players in the EuroLeague, Urbonas reports. While Hayes-Davis won’t earn as much in Phoenix, the 30-year-old will be back in the NBA for the first time since a brief stint in 2017/18.