Reid’s former teammate, Knicks star Karl-Anthony Towns, was devastated by the news.
“Heartbroken. No words can ever take away the pain for my brother,” Towns tweeted. “Holding everyone close in prayer today.”
The Suns signed Jaden Shackelford to an Exhibit 10 contract, Spotrac contributor Keith Smith tweets. Phoenix then placed him on waivers, according to the NBA transactions log.
It’s a bit of déjà vu for Shackelford, who also joined Phoenix on a training camp deal last season. He was waived in late September and wound up on the Valley Suns, Phoenix’s G League affiliate. He averaged 18.2 points, 3.6 rebounds and 2.8 assists in 50 games in 30.9 minutes per game.
The 6’3” guard was a member of the Warriors’ Summer League team this July.
After going undrafted out of Alabama, Shackelford spent two seasons in the G League as a member of the Thunder’s NBAGL affiliate, the Oklahoma City Blue.
Shackelford will be eligible for a bonus up to $85,300 if he spends at least 60 days with the Valley Suns again.
As part of his two-year contract agreement with the Nets, Day’Ron Sharpe waived his right to veto a trade during the 2025/26 season, Hoops Rumors has learned.
A player who re-signs with his previous team on a one-year deal or a two-year deal that includes a second-year option is typically given an implicit no-trade clause, but a team can ask the player to give up that no-trade clause upon signing. Because Sharpe agreed to do so, he would lose his Bird rights if he’s traded ahead of February’s deadline.
[RELATED: NBA Players Who Can Veto Trades In 2025/26]
Even though he re-signed with his previous team, got a raise exceeding 20%, and signed for more than the minimum, Sharpe will become trade-eligible on December 15 instead of January 15 because the Nets were still operating below the cap upon completing his deal.
Here are more details on a few recently signed contracts from around the NBA:
Tragedy has struck Timberwolves big man Naz Reid and his family. His sister, Toraya Reid, was shot and killed Saturday in New Jersey, Eva Herscowitz of the Minneapolis Star Tribune reports. A New Jersey prosecutor charged Shaquille Green, whom the Ocean County Prosecutor’s Office said was in a relationship with Toraya Reid, with her murder.
Reid’s former teammate, Knicks star Karl-Anthony Towns, was devastated by the news.
“Heartbroken. No words can ever take away the pain for my brother,” Towns tweeted. “Holding everyone close in prayer today.”
The Suns have waived Alex Schumacher, reports Keith Smith of Spotrac (Twitter link). The move, which was not unexpected, came just a day after the team officially signed him to an Exhibit 10 contract.
Phoenix already held Schumacher’s G League returning rights, since he finished last season with the Valley Suns. Signing him to an Exhibit 10 deal and then waiving him will allow the organization to give him a bonus on top of his standard NBAGL salary for rejoining the Suns’ G League affiliate this fall.
Schumacher, who played two seasons at Seattle University before going undrafted in the 2024 draft, split time between the Valley Suns and the Windy City Bulls last season, averaging 9.2 points and 3.1 assists per game in his G League rookie year.
The sign-and-waive is a common move for teams to retain the ability to keep players in their programs by creating a pathway to more money than a standard G League contract. If the player spends at least 60 days with the team’s affiliate, he can earn a bonus worth as much as $85,300.
The Suns have signed free agent guard Alex Schumacher to a training camp contract, per Paul Garcia of Spot Up Shot (Twitter link). It’s an Exhibit 10 deal, tweets Keith Smith of Spotrac.
Schumacher, who went undrafted out of Seattle University in 2024, spent his first professional season in the G League, appearing in a total of 48 games for the Windy City Bulls and the Valley Suns, who acquired his rights in a March trade. The 24-year-old averaged 8.2 points, 3.1 assists, and 2.7 rebounds in 22.6 minutes per game for the two teams, posting a shooting line of .395/.241/.825.
The Suns’ signing of Schumacher is almost certainly designed to ensure that he receives a bonus for returning to the Valley Suns this fall. His Exhibit 10 deal will make him eligible for a bonus worth up to $85,300 on top of his standard NBAGL salary as long as he spends at least 60 days with Phoenix’s affiliate.
With Schumacher on the roster, the Suns are carrying 19 players, two shy of the offseason limit.
We’re still 28 days away from most teams beginning training camp, which typically determines multiple positional battles for teams ahead of the coming season. Still, the majority of teams’ offseason roster moves have been completed and preliminary pecking orders are in place, meaning we can take a stab at identifying true breakout players for 2025/26.
In the space below, we’ll be focusing on players who appear poised to go from the fringes of rosters to rotational mainstays. Think of Guerschon Yabusele last season, who went from being out of the league to being one of the NBA’s most coveted role players.
Last year in this exercise, we included Max Christie, who increased his scoring average from 4.2 points to 9.6 points per game. So while Larry Nance Jr. seems primed for a massive year with the Cavaliers as a role player, he has 546 career games under his belt and doesn’t really fit our criteria.
The Celtics went out of their way to add both Garza and Minott to standard deals early in free agency after the Timberwolves declined options on both players. However, the Wolves opting to not bring them back isn’t necessarily an indictment — more of a testament to the win-now depth Minnesota built ahead of them.
Garza hasn’t played many minutes over the course of his four-year NBA career, but he has certainly produced when given the opportunity. He holds career averages of 4.9 points and 2.0 rebounds in 7.8 minutes per game, which works out to per-36 averages of 22.7 points and 8.9 rebounds.
It would be easy to write off that kind of production since per-36 is hardly an indicative statistic of one’s talents, but that sample comes across 124 career games. And in 39 career regular season G League games, Garza averaged 26.3 points and 9.8 rebounds per contest.
The Celtics lost Luke Kornet in free agency, traded away Kristaps Porzingis, and are not considered likely to bring back Al Horford. That leaves Neemias Queta, Chris Boucher and Xavier Tillman as the only players in front of Garza in the frontcourt. It isn’t out of the realm of possibility that Garza emerges as a starter down the line.
Minott is also included here after his training camp last season had coaches raving. While he never ended up in the rotation, it’s still noteworthy that the Celtics added him early in free agency. Minott will battle Jordan Walsh, Baylor Scheierman and rookie Hugo Gonzalez for minutes off the bench at the wing position. In 32 career regular season G League games, he has averaged 19.2 points, 7.5 rebounds, 1.1 steals and 1.8 blocks.
If there was an option to select “most likely to be this year’s Yabusele,” Hayes-Davis would have to rank near the top. Hayes-Davis established himself as one of the best international players after not playing in the league since 2017/18. The Suns gave him a standard guaranteed deal after he averaged 15.1 points per game for Fenerbahce. On a new-look Phoenix team, he should get plenty of chances to contribute.
The Timberwolves selected Clark with the No. 53 pick in the 2023 draft, with the Wolves essentially redshirting him while he recovered from injury in 2023/24. Last year, in his first healthy NBA season, Clark emerged as a reliable depth option, averaging 4.1 points across 13.1 minutes in 40 games.
With the loss of Nickeil Alexander-Walker to the Hawks in free agency, the Wolves will look to rely on their younger depth options to establish themselves this season. While all eyes are on Rob Dillingham and Terrence Shannon Jr. to take steps forward, look for Clark (and perhaps Leonard Miller), to gain more of a foothold in the rotation.
Every opportunity he received, Spencer impressed for the Grizzlies and their G League affiliate. In just 10.1 minutes per game last year (25 appearances), Spencer averaged 4.2 points. In eight regular season G League games, Spencer averaged 23.5 points and 3.5 assists while shooting 53.8% from the field and 49.3% on three-pointers.
Memphis drafted Spencer last year with the No. 53 overall pick, and he spent all of last year on a two-way deal. After standing out in their developmental system, the second-year guard was rewarded with a standard contract this offseason. Even though the Grizzlies are flush with rotation-caliber players, there could be an opportunity for Spencer to earn some bench minutes following the departure of Desmond Bane.
Timberwolves president of basketball operations Tim Connelly had the ability to opt out of his contract with the team this offseason but chose not to do so, as Jon Krawczynski of The Athletic tweets.
When Connelly was hired by the Wolves in 2022, he received a five-year deal that included an opt-out clause after the second season. He and the team agreed in 2024 to push that opt-out back by a year with the ownership situation still up in the air, but now that Marc Lore and Alex Rodriguez have assumed majority control, Connelly decided not to take advantage of the clause this summer.
Since he’s still on his initial five-year deal, Connelly is under contract with the Wolves for two more seasons, Krawczynski notes. Assuming Lore and Rodriguez are satisfied with the job he has done, the veteran executive figures to be an extension candidate in 2026.
Here’s more from around the Western Conference:
There’s little question who the most important Suns player is. Beyond recently extended All-Star guard Devin Booker, however, identifying the top talent on the current roster is more of an open question.
Duane Rankin of The Arizona Republic (subscriber link) tackles that question, ranking the five most important Phoenix players aside from the 6’5″ Kentucky alum. Second-year wing Ryan Dunn, new post-Durant trade additions Jalen Green and Dillon Brooks, and new centers Mark Williams and Khaman Maluach make the cut.
There’s more out of the Pacific Division:
A pair of Suns minority shareholders – Andy Kohlberg of Kisco WC Sports and Scott Seldin of Kent Circle Investments – have sued the team in a Delaware Chancery Court, reports Michael McCann of Sportico. The minority owners say in their complaint that they’re “dissatisfied” with the way Suns Capital Group LLC (Mat Ishbia‘s group) has managed the team.
As McCann details, Kisco and Kent Circle claim they haven’t been allowed to view records and financial information that would help them understand how the franchise is being run and how much their shares are worth. They’re demanding a court order that would allow them to look into alleged “potential breaches of a limited liability company agreement, mismanagement of the team and conflicts of interest,” McCainn writes.
According to Gerald Bourguet of PHNX Sports, when Ishbia took over as the Suns’ controlling owner in 2023, he gave the team’s 16 limited partners the opportunity to sell their stakes in the team at the same $4 billion valuation that applied to his majority stake. Fourteen of the 16 partners took that buyout offer, with Kisco and Kent Circle representing the only two holdouts.
Kisco has since sought a buyout from Ishbia’s group; there are conflicting reports on whether Kent Circle has done the same. Bourguet’s report suggests both minority stakeholders have looked to be bought out, while McCann says Kent Circle hasn’t done so but has expressed “growing concerns” about management.
The price that Kisco and Kent Circle are demanding from Suns Capital Group LLC to buy them out is based on a valuation in excess of $6 billion, according to Bourguet. The complaint, per McCann, alleges that Ishbia’s LLC didn’t respond in good faith to Kisco’s efforts to divest its shares by June 1 and instead issued a capital call for June 2 with “no advance notice.” The per-unit valuation conveyed on that call was “strikingly low and bears no relationship to the actual value of the company which is worth billions,” according to the plaintiffs.
In a letter to Kisco and Kent Circle, Suns Capital Group LLC indicated it has no objections to the minority partners finding another buyer for their shares, per Bourguet. However, the majority ownership groups insists that the minority stakeholders have no right to demand Ishbia’s LLC be the one to buy them out at a significantly higher valuation than the 2023 price.
Kisco and Kent Circle, meanwhile, argue in their complaint that the majority ownership group has been putting pressure on and diluting the team’s minority owners, citing “mismanagement and lack of transparency.”
According to Bourguet, the plaintiffs suspect Ishbia’s group of entering into undisclosed side deals and also raised questions about the funding of a practice facility for the WNBA’s Phoenix Mercury. As McCann writes, the complaint states that facility was “seemingly paid for using” team funds but that the minority stakeholders were “provided virtually no information” about how it was funded or the process used to determine its funding.
Attorneys for Suns Capital Group LLC will have the opportunity to respond to the complaint, McCann notes.
The Spurs and Hawks are considered the co-favorites to make the biggest leap in the NBA during the upcoming season, according to a panel of ESPN Insiders.
The panel made its predictions on a wide variety of topics, including the team most likely to make a big move before the trade deadline (the Warriors received the most votes) and the next superstar to request a trade (Zion Williamson was the top vote-getter).
Here’s more from around the international basketball world: