Aaron Holiday Rumors | Hoops Rumors

Offseason Observations: Apron Impact, Rockets, Spurs, Okogie

July 18th, 2024 at 11:52am CST by Luke Adams

The NBA's offseason is far from over. As we saw last summer, when Damian Lillard was traded to Milwaukee in late September and Jrue Holiday was flipped from Portland to Boston on October 1, the trade market stays open into the fall.

We also could still see impactful moves on the free agent market occurring much later in the offseason, as was the case a year ago when Derrick Jones and P.J. Washington - two key members of the Mavericks' team that made the NBA Finals - signed their respective contracts during the second half of August (Washington signed with the Hornets before being traded to Dallas later in the season).

Still, the pace of the offseason action has certainly slowed down since the start of July, giving us an opportunity to look back and reflect on all that's gone down in the last few weeks.

From one of the biggest storylines of the summer (the impact of the new tax apron rules) to some under-the-radar developments (like the structure of Josh Okogie's new deal with the Suns), we're taking a closer look today at some of the more curious offseason subplots.

Let's dive in...

Has the impact of the new apron restrictions been overstated?

The concept of the tax apron has existed in the NBA's Collective Bargaining Agreement for years, and a second apron was implemented in 2023, but the 2024 offseason is the first time all the new apron-related restrictions introduced in the current CBA have been in place. Those new restrictions affect the trade market most significantly, with teams operating over the first tax apron not permitted to take back more salary than they send out and teams over the second apron prohibited from aggregating player salaries.

While it's true that these rules have made it challenging for teams with high payrolls to make moves as easily as they used to, I think they've also become a convenient scapegoat for teams to justify certain roster decisions.

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Contract Details: George, Martin, Wiseman, Isaac, Hield, More

July 8th, 2024 at 6:49am CST by Luke Adams

Following the end of the July moratorium on Saturday, teams wasted no time in officially finalizing many of the contracts they’d agreed to up until that point.

Now that those contracts have been completed, we have the official details on many of them. Here, via several reporters – including Keith Smith of Spotrac, Michael Scotto of HoopsHype, and cap expert Yossi Gozlan – as well as our own sources, are some of those notable details:

Players with trade kickers:

Lakers forward LeBron James (15%), Knicks forward OG Anunoby (15%), Sixers forward Paul George (15%), Sixers forward Caleb Martin (15%), Mavericks sharpshooter Klay Thompson (15%), and Mavericks forward Naji Marshall (5%) received trade kickers on their new free agent deals, while Celtics guard Derrick White (15%) got one on his contract extension.

As an aside, James’ exact starting salary in 2024/25 is $48,728,845, which is $1,258,873 below the maximum he could have earned.

Players who waived their right to veto a trade:

A player who re-signs with his team on a one-year contract (or two-year contract with a second-year option) is typically awarded the right to veto a trade, but has the option to waive that option.

Heat center Thomas Bryant, Rockets guard Aaron Holiday, Raptors wing Garrett Temple, and Magic teammates Gary Harris and Moritz Wagner all surrendered their right to veto a trade in 2024/25 and could be moved freely.

Unlikely incentives:

Nets center Nic Claxton ($97MM base + $3MM incentives), Pacers forward Obi Toppin ($58MM +$2MM), Suns forward Royce O’Neale ($42MM +$2MM), and Sixers forward Martin ($35,040,704 + $5,256,106) are among the players whose contracts include unlikely bonuses that would boost the total guaranteed salary if those incentives are reached.

As cap expert Albert Nahmad observes, the structure of Martin’s contract helped the 76ers maximize their cap room, since his unlikely incentives don’t count toward the cap once he signs.

It wouldn’t surprise me if Martin’s “unlikely” incentives are easier to earn than a typical player’s incentives would be — I don’t expect them to be for making an All-Star team or anything like that. An incentive is considered unlikely for cap purposes if the player wouldn’t have met the criteria the year before. For example, as Nahmad suggests, a bonus related to Martin making 24 or more starts would be considered unlikely because he started 23 games last season. Martin’s bonuses – considered “unlikely” for cap purposes but perhaps “likely” to be earned in reality – could have served as a way to strengthen the Sixers’ offer without sacrificing that extra cap room.

It’s also worth noting that a player’s unlikely incentives can’t exceed 15% of his guaranteed base salary, and Martin’s $5,256,106 in incentives represent exactly 15% of his overall $35,040,704 salary.

Partial or non-guarantees and options:

James Wiseman‘s two-year, minimum-salary contract with the Pacers is guaranteed for $500K in year one, with a team option for 2025/26. That team option would be guaranteed for $569,041 if exercised (ie. the same percentage as his first-year salary).

Luka Garza got a similarly structured two-year, minimum-salary deal with the Timberwolves, except his first year is fully guaranteed prior to his second-year team option. That 2025/26 option would be guaranteed if picked up.

As previously reported, Isaiah Hartenstein‘s three-year, $87MM deal with the Thunder includes a team option for 2026/27. It’s worth $28.5MM, with $58.5MM in guaranteed money across the first two seasons.

Magic teammates Harris ($7.5MM) and Wagner ($11MM) each have second-year team options on their two-year deals.

The Rockets used their full bi-annual exception to give Holiday a two-year deal worth $9,569,400 that includes a second-year team option ($4,901,400).

Neemias Queta‘s three-year, minimum-salary contract with the Celtics is fully guaranteed in year one with a partial guarantee of exactly 50% ($1,174,789 of $2,349,578) in year two, plus a third-year team option for 2026/27. The third-year option ($2,667,944) would be guaranteed for 50% ($1,333,972) if exercised. Since his minimum deal covers more than two years, a team wouldn’t be able to acquire Queta via the minimum salary exception if he’s traded down the road.

Jonathan Isaac‘s new long-term deal with the Magic is partially guaranteed ($8MM of $14MM) in 2026/27, with non-guaranteed salaries of $14.5MM in 2027/28 and $15MM in 2028/29. However, each of those salaries would become fully guaranteed if Isaac plays at least 52 games in the prior season. For instance, if Isaac were to appear in 54 games in 2026/27, his $14.5MM salary for ’27/28 would be fully guaranteed.

Sign-and-trade contracts:

Interestingly, Kyle Anderson‘s and Buddy Hield‘s new contracts with the Warriors have the exact same salaries for the first three seasons: $8,780,488, $9,219,512, and $9,658,536. Anderson’s three-year deal is fully guaranteed for the first two years and non-guaranteed in year three.

As for Hield, his four-year contract is fully guaranteed for the first two years, with a partial guarantee of $3MM for year three. His fourth year is a $10,097,560 player option that would be partially guaranteed for $3,136,364 if exercised.

Klay Thompson’s three-year contract with the Mavericks comes in at exactly $50MM, as reported — it starts at $15,873,016 and features 5% annual raises.

Jonas Valanciunas‘ three-year contract with the Wizards is worth $30,295,000 in total, beginning at $9.9MM (which is the amount of the trade exception generated for the Pelicans). It’s fully guaranteed for the first two seasons and non-guaranteed in year three.

Cody Zeller got a three-year, $11,025,000 deal in the sign-and-trade that sent him from New Orleans to the Hawks. The first year is guaranteed for $3.5MM, with two non-guaranteed seasons after that.

Finally, as part of the Mikal Bridges trade, new Nets guard Shake Milton got a three-year, $9,162,405 contract that has a guaranteed first-year salary of $2,875,000, with two non-guaranteed years after that ($3MM in 2025/26 and $3,287,406 in ’26/27). His teammate Mamadi Diakite, who was also sent to Brooklyn in the trade, had his $2,273,252 salary partially guaranteed for $1,392,150.

Milton’s $2,875,000 salary, Diakite’s $1,392,150 partial guarantee, and Bojan Bogdanovic‘s $19,032,850 salary add up to $23.3MM, which is equivalent to Bridges’ salary — the exact amount of outgoing salary the Knicks needed to send to avoid being hard-capped at the first tax apron.

Rockets Re-Sign Aaron Holiday

July 1st, 2024 at 2:33pm CST by Luke Adams

JULY 6: The Rockets have officially re-signed Holiday, per the NBA’s transaction log.

JULY 1: The Rockets and veteran guard Aaron Holiday have struck a new deal, according to Shams Charania of The Athletic, who reports (via Twitter) that Holiday is signing a two-year, $10MM contract to remain in Houston. The second year will be a team option, per Jonathan Feigen of The Houston Chronicle (Twitter link).

The younger brother of fellow NBAers Jrue Holiday and Justin Holiday, Aaron played a regular rotation role off the bench in Houston last season, averaging 6.6 points, 1.8 assists, and 1.6 rebounds in 16.3 minutes per game across 78 appearances. He posted a solid shooting line of .446/.387/.921.

After spending his first three NBA seasons in Indiana, Holiday has bounced around the league in recent years, spending time in Washington, Phoenix, and Atlanta in addition to Houston. This will be the first time since his Pacers days that the 27-year-old will return to a team for a second season.

Because he signed as a free agent with the Rockets last season, Holiday only has Non-Bird rights this summer, meaning the team can’t give him a deal worth more than 20% above the veteran’s minimum without using a different exception. As a result, Houston has to dip into either its mid-level exception or bi-annual exception to complete the signing.

Using the non-taxpayer MLE to sign Holiday to a starting salary worth a little less than $5MM would leave the Rockets with about $8MM of that exception left over. Using the bi-annual exception would result in a maximum two-year total of about $9.57MM for Holiday and would leave the MLE untouched. Kelly Iko of The Athletic (Twitter link) hears the club plans to take the latter route, using the BAE to bring back the reserve guard.

FA/Trade Rumors: Hartenstein, Ingram, Harris, A. Holiday

June 30th, 2024 at 6:45pm CST by Rory Maher

With free agency officially underway, sources tell Shams Charania of The Athletic and Stadium that the Thunder are meeting with UFA center Isaiah Hartenstein in his hometown of Eugene, Oregon (Twitter link).

According to Charania, the Magic — who just agreed to a three-year, $66MM deal with Kentavious Caldwell-Pope — are prioritizing wings with their cap room, while the Knicks are trying to figure out how to avoid being hard-capped at the first apron as part of the Mikal Bridges trade, possibly opening the door for Oklahoma City. Charania also lists the Jazz as a team with interest in Hartenstein, but Utah is “focused on current roster decisions.”

Hartenstein, 26, is the top center on the open market after Nic Claxton agreed to a four-year, $100MM deal to return to Brooklyn.

Here are a few more trade and free agency rumors from around the NBA:

Sean Cunningham of Fox40 KTXL confirms the Kings have interest in trading for Pelicans forward Brandon Ingram (Twitter link). As Cunningham observes, Ingram previously played under Alvin Gentry, who is now in a front office role with Sacramento. A one-time All-Star, Ingram will earn $36MM in 2024/25, which is the final year of his contract. New Orleans is reportedly unwilling to give the 26-year-old a maximum-salary extension, making Ingram a prime trade candidate.
The Pistons, Jazz, Spurs and Mavericks are among the teams interested in free agent forward Tobias Harris, who is meeting with potential suitors in California, a source tells Keith Pompey of The Philadelphia Inquirer. All four clubs have previously been linked to Harris, who has spent the past five-plus seasons with the 76ers. With no cap room available, Dallas would only be able to acquire Harris in a sign-and-trade, Pompey notes.
While the Rockets have interest in a reunion with veteran guard Aaron Holiday, they also recognize that he might find an opportunity for more minutes elsewhere, according to Kelly Iko of The Athletic. The 27-year-old has multiple suitors in free agency, Iko adds. It’s worth noting that Houston drafted Kentucky guard Reed Sheppard with the No. 3 overall pick last week.

Pacific Notes: Westbrook, Reaves, Murray, Suns FA Targets

June 29th, 2024 at 2:45pm CST by Luke Adams

Although Russell Westbrook is exercising his player option to guarantee his $4MM salary for the 2024/25 season, his return to the Clippers isn’t a certainty, a league source tells Law Murray and Jenna West of The Athletic, who write that there’s a chance “the player and team move on” this offseason. The Clippers have been linked to other veteran point guards in recent weeks, including Chris Paul and Kyle Lowry.

Here’s more from around the Pacific:

Although the Lakers still had some interest in Dejounte Murray before Atlanta agreed to trade him to New Orleans, L.A. remained unwilling to give up Austin Reaves as part of its package and was out of the running as a result, sources tell Shams Charania, Sam Amick, and West of The Athletic.
John Gambadoro of Arizona Sports 98.7 (Twitter link) names Monte Morris and Aaron Holiday as a pair of potential free agent point guard targets to watch for the Suns. Phoenix will be limited to minimum-salary offers, which means Holiday may be a more viable option than Morris. Gambadoro adds that previously reported target Kris Dunn would be a logical fit for the Suns, but says he’s not sure if Dunn will be “gettable.”
Gerald Bourguet of PHNX Sports shares his Suns free agency primer, breaking down potential options for the team on the free agent and trade markets and detailing the restrictions the front office will face as it navigates the second tax apron.

Southwest Rumors: Rockets, George, Pelicans, Grizzlies, Sharpe, Doncic

June 24th, 2024 at 12:57pm CST by Arthur Hill

The Rockets are among the teams with interest in Paul George if he can’t work out an extension with the Clippers this week, league sources tell Michael Scotto of HoopsHype. Even though Houston is considered an unlikely destination for George, it’s an indication that the team is engaged in “big game hunting” ahead of the draft and free agency, Scotto adds.

He also hears that Rockets general manager Rafael Stone has been involved in exploratory conversations about dealing the No. 3 pick for a “win-now player upgrade” and possibly moving down in the draft.

For Houston to land George, he would have to exercise his $48.8MM player option for next season and request a trade. The organization has six recent first-round picks on its roster, along with the rights to Brooklyn’s first-rounders over the next three years.

Scotto notes that even if the Rockets don’t acquire George, they have plenty of flexibility for a major move, holding team options on Jeff Green ($8MM) and Jae’Sean Tate ($7.57MM), along with an $8MM non-guaranteed salary for Jock Landale. Houston is expected to hang onto all three of those players through their various option/guarantee deadlines, according to Jonathan Feigen of The Houston Chronicle (subscription required), who also reports that the team is open to re-signing free agent guard Aaron Holiday.

There’s more from the Southwest Division:

With Jonas Valanciunas considered likely to leave in free agency, the Pelicans are willing to trade the 21st pick in this year’s draft for center help, sources tell Scotto. Along with New Orleans, NBA executives consider the Grizzlies and Thunder to be possible destinations for Hawks center Clint Capela, Scotto adds. If the Pelicans keep their pick, Scotto sees Baylor center Yves Missi as a potential selection, comparing him to Capela as an athletic big man who should thrive in the pick and roll. Scotto also hears that the organization will target another former head coach for Willie Green’s staff if it loses associate head coach James Borrego.
The Grizzlies have renewed their interest in Nets backup center Day’Ron Sharpe after holding talks with Brooklyn at the trade deadline, Scotto states. He adds that Memphis considered making an offer for forward Dorian Finney-Smith before the Nets acquired him at the 2023 deadline. In his aggregate mock draft, Scotto suggests the Grizzlies might take Tennessee shooting specialist Dalton Knecht as a potential replacement for Luke Kennard, who has a $14.8MM team option for next season and is considered a possible trade candidate.
Mavericks star Luka Doncic has joined the Slovenian national team and plans to participate in an Olympic Qualifying Tournament July 2-7 in Greece, according to NBA reporter Marc Stein (Twitter link).

Officials Admit To Missed Last-Second Call In Knicks Loss

February 13th, 2024 at 8:42am CST by Luke Adams

The Knicks lost their third consecutive game on Monday night, as their comeback effort in Houston fell just short. However, the outcome might have been different if not for an error by the officiating crew during the game’s decisive final seconds.

With the score tied at 103 on the final possession of regulation, Rockets guard Aaron Holiday corralled a loose ball and fired up a desperation fade-away three-pointer as time expired (Twitter video link). The shot missed, but Knicks guard Jalen Brunson was called for a foul and Holiday made two game-winning free throws with 0.3 seconds left on the clock.

After the final buzzer sounded, crew chief Ed Malloy admitted in an interview with pool reporter Fred Katz of The Athletic that Brunson should not have been whistled for a foul. A no-call would have sent the game to overtime.

“After seeing it during postgame review, the offensive player was able to return to a normal playing position on the floor,” Malloy said. “The contact, which occurred after the release of the ball, therefore is incidental and marginal to the shot attempt and should not have been called.”

Knicks players and head coach Tom Thibodeau were relatively muted in their criticisms of the officiating after the game, clearly not looking to give the NBA a reason to fine them. Brunson repeatedly – and sarcastically – referred to the game-deciding foul as a “great call,” while Thibodeau said, “If you look at the film, you see it.”

After watching the Rockets go to the foul line 33 times while the Knicks attempted just 12 free throws, Thibodeau offered some broader thoughts about the way the game is refereed, as Katz details.

“The thing with the officials — this is the way I feel about that, in general — is I don’t really care how tight the game is called,” Thibodeau said. “You can call it tight or you can call it loose. I just want consistency to be the same. And they have a job. They have to control and manage the game. That’s their No. 1 responsibility. They have to use their judgment, and I have respect for that. It didn’t go our way tonight.”

As Katz notes, the Knicks could technically file a protest, but a successful protest requires the team to prove that a rule was misapplied, not just that a judgment call was wrong, so it would almost certainly be futile.

The banged-up Knicks, who lost yet another player – Donte DiVincenzo (hamstring) – on Monday due to an injury, have one more game on their schedule before the All-Star break. They’ll play on Wednesday in Orlando, then hope to come back healthier when their schedule resumes on February 22 in Philadelphia.

Trade Rumors: Tate, Mavs, Rockets, Suns, Porter, Raptors

February 8th, 2024 at 11:38am CST by Luke Adams

The Mavericks and Rockets spoke recently about Houston forward Jae’Sean Tate, according to Kelly Iko of The Athletic. However, league sources tell Iko that Dallas only offered a pair of second-round picks and Houston insisted on three, so the two sides didn’t reach a deal.

As Iko writes, if they do trade Tate, the Rockets would prefer to get a player who could contribute right away, but there was a belief that they could potentially reroute those second-round picks to land that sort of player.

With the trade deadline just over two hours away, the Rockets remain in the market for shooting help and a backup center, Iko reports. Houston traded for Steven Adams last week, but he’s out for the season, so the team wouldn’t mind acquiring a big man who could help in the short term.

Here a few more trade rumors from around the NBA:

According to Iko, the Rockets have received some inquiries on guard Aaron Holiday and forward Jeff Green, but won’t be looking to dump those players for minor returns, since they’ve established roles and have good relationships with head coach Ime Udoka.
Jake Fischer of Yahoo Sports (Twitter link) has heard veteran wing Otto Porter mentioned as a possible fallback trade option for the Suns. Toronto agreed to trade Porter to Utah earlier today, but there’s no guarantee the Jazz will keep him. Phoenix has no interest in Bulls center Andre Drummond, however, tweets John Gambadoro of Arizona Sports 98.7.
A league source tells Michael Grange of Sportsnet.ca (Twitter link) that there has been “not a peep” on Raptors trade candidates Bruce Brown, Chris Boucher, and Gary Trent Jr. so far today. However, it remains possible that will change in the next couple hours.

Western Rumors: Suns, Rockets, O’Neale, Tate, Jazz, Grizzlies

February 8th, 2024 at 8:43am CST by Luke Adams

The Suns continue to keep an eye on Nets forward Royce O’Neale and Rockets wing Jae’Sean Tate, according to Michael Scotto of HoopsHype, who hears from league sources that Phoenix has discussed a package of Nassir Little and second-round picks for one of those two players.

As Scotto details, the Suns are hoping to find a wing and/or a frontcourt piece on the trade market and will likely be aggressive on the buyout market looking for that sort of player if they’re unable to make a deal. Phoenix will be prohibited from signing a player whose pre-waiver salary exceeds $12.4MM, but not every player on the buyout market will fit that bill.

The Rockets, who are among the other teams with interest in O’Neale, have sought either a late first-round pick or multiple second-rounders to part with Tate, league sources tell Scotto. Aaron Holiday is another Houston player who has generated trade interest.

If the Rockets were to acquire draft assets for a player like Tate or Holiday, they could ultimately flip those picks for another rotation player, Scotto writes.

Here’s more from around the Western Conference in advance of today’s trade deadline:

Scotto hears from multiple executives who have explored trading for Kelly Olynyk that the Jazz are seeking draft compensation — ideally a first-round pick. Another potential Utah trade candidate, Kris Dunn, appears likely to stick with the team through the deadline unless the team gets an “unexpected” offer it can’t refuse, a league source tells HoopsHype.
The Jazz have had some talks with the Hornets about forward P.J. Washington, according to Ian Begley of SNY.tv, who says John Collins came up in those discussions.
Rival executives believe that some of the Grizzlies‘ recent first-round picks – Ziaire Williams, David Roddy, and Jake LaRavia – could be trade candidates, given the emergence of cheaper youngsters like Vince Williams and GG Jackson, says Scotto. Memphis is facing a bit of a roster and cap crunch for 2024/25, so creating a bit more flexibility in both areas would help.
Suns head coach Frank Vogel said on Wednesday won’t mind if his front office decides to stand pat at the deadline, per Duane Rankin of The Arizona Republic. “I’m very in the loop with all of those conversations, but as I said (Tuesday), we love where we’re at as a team,” Vogel said. “If we don’t do anything, I’ll be really happy with the group we have, but obviously, you always look at ways to improve your team.”

Rockets GM Stone Talks Strong Start, VanVleet, Green, Holiday, More

December 19th, 2023 at 10:26am CST by Luke Adams

After winning no more than 22 games in a season for three straight years from 2020-23, the Rockets are off to a 13-11 start in 2023/24, and while they’re currently outside of the top eight in the Western Conference, they’re within three games of the No. 3 seed.

General manager Rafael Stone is happy with what he has seen from the team so far, but he’s certainly not celebrating the results of the first two months of the season, as he tells Kelly Iko of The Athletic.

“December is not the right period of time to measure how good any team is,” Stone said. “We feel good about the progress we’ve made to date, but it’s just too early to tell where exactly we are. We’re a quarter of the way through the season, not at the end of the season.

“… I think we’re happy with where the group has been to date. But again, the challenge is to make sure that we’re not complacent and that we keep improving because we do need to improve in all facets of the game.”

Stone praised the progress that young Rockets players like Alperen Sengun, Jabari Smith, and Tari Eason have made so far this fall, especially on the defensive end, and lauded the work the coaching staff has done to maximize the players’ strengths.

Stone’s conversation with Iko also covers many more topics and is worth checking out in full if you’re an Athletic subscriber, but here are a few highlights:

On his early impressions of major offseason addition Fred VanVleet:

“With Fred, we had all heard good things. But again, I take all that with a grain of salt. And so one thing that’s been nice is not only has he lived up to kind of those expectations, but he’s exceeded them. He’s just a great guy off the court. He’s been great for our group. He’s willing to talk and able to talk and communicate, but he’s mostly a quiet guy. What’s awesome about him is that he says everything that absolutely needs to be said. He provides a voice every time we need a voice. A nice guy who’s incredibly tough, tough-minded, physically tough. We’ve been really happy with Fred.”

On the impact of under-the-radar free agent signings Jeff Green and Aaron Holiday:

“Well, both of those guys are guys that we’ve liked for a long time. We were lucky that they were free agents at a time when we could play in free agency. And so yeah, they’ve done well and I’m happy for that. Jeff’s a super veteran player, but Aaron’s been around for a while, too. So they both have come in and done exactly what we thought they would do. And we thought that with our current mix, they fit well. And it’s been nice that through a quarter season that’s been the way it’s played out.”

On whether the Rockets will continue to aggressively pursue roster upgrades leading up to the trade deadline:

“We like our current group. We like the way they are playing on the court, we like the way they’re interacting. We think there’s a lot of room for improvement just in the guys we have playing better and getting better. So by no means, this year at least, are we aggressively hunting a particular deal or series of deals.

“Having said that, it’s kind of my job to talk to everybody and to hear what other teams are trying to do and see if there are things that make sense for both parties. And we’ll make sure we make every phone call and run out every ground ball. At least right now, we need a better sense of exactly where our team is before we start thinking, ‘Oh, we need to add this.’ We’ll have a better sense, honestly, a game from now, right? Like every game gives us critical information.

“I think it’s too early to predict how active we will or will not be at the trade deadline or in the days in between. But we are not feeling any need to do something, per se. We like where this group is and mostly we want there to be internal improvement.”