Cole Anthony

Bucks GM Discusses Portis, Trent, Green, Anthony, More

We relayed several comments Bucks general manager Jon Horst made earlier this week an extensive interview with Eric Nehm of The Athletic, including the decision to waive-and-stretch Damian Lillard in order to sign center Myles Turner to a four-year, $109MM deal.

The second portion of Nehm’s interview with Horst is less focused on macro-level decision-making and more centered around the smaller — but perhaps no less important — moves Milwaukee has made this offseason, including re-signing Bobby Portis, Gary Trent Jr., Kevin Porter Jr., Ryan Rollins and Taurean Prince. Horst also discussed extension talks with sharpshooter A.J. Green and adding Cole Anthony in free agency, among other topics.

Here are a few highlights from Nehm’s conversation with Horst, which is worth checking out in full for those who subscribe to The Athletic:

On being “nervous as hell” about the possibility of losing Portis in free agency and the impact the veteran forward/center has had on the Bucks:

“I did not want to go through a season, a practice, a day without Bobby Portis as part of the team that I’m a part of. I think Bobby is so much the ethos of who we are. He is the underdog. He fights. He grinds. There’s no one that cares more, in my opinion, about the Milwaukee Bucks than Bobby. He loves the Milwaukee Bucks. He feels like it’s a family, it’s a city and a fan base that’s embraced him. It’s an organization that’s embraced him. And he continues to give back to our organization and take less on the margins and do different things here and there.

“I felt like it was a tough negotiation with his agent, Mark Bartelstein, who I love in this business as much as anybody, and I thought we got to the right place. But it was a tough negotiation. Bobby chose us. Bobby wasn’t short on options, but he wanted to be here. He wants to win, and he wants to with this group of guys. He loves playing with Giannis (Antetokounmpo). He loves the things that we’ve done in free agency. He was high on the guys that we brought back. He and I talked a lot about the roster and just his thoughts on different guys. And I’m just really excited he’s with us.”

On the strong playoff showings of Trent and Green:

“… I think Gary Trent had his two best games of the season, maybe, in our two most important games of the season. In two closeout opportunities, the guy played unbelievable. And A.J. Green was unbelievable also, and I think that says a lot about them. And don’t forget, these guys are 25, 26 years old, so they’re just entering their prime. And so I think the best is in front of those guys. I’m happy about them. They’re not just shooters. They’re tough, physical guys that can grind and defend, make a play off the bounce and those guys are going to be a lot better this year than they were last year.”

On extension talks with Green:

“First and foremost, the day that he became officially eligible to have extension conversations, he was the first call I made. I called him. We didn’t dive deep into negotiations, but I just told him how much we love him, believe in him, and want him here long term. And I did the same thing with his agent, Matt Bollero, who I love and respect in this business.

“And so we’ve already made the contact. A.J. wants to be here, A.J. wants to figure something out. Obviously, we’ve got to figure a deal out and we have the whole season to do it. I hope it doesn’t take that long. I think they hope it doesn’t take that long either, but as the dust starts to settle on a pretty busy offseason, that’ll be the most important thing for us to figure out with A.J. And I know he feels the same about trying to figure it out with us.”

On what Anthony can bring to Milwaukee:

“He’s electric with the ball, a very capable shooter. I think he can be one of the guys that you’ve seen year in and year out come into our system and get a higher dose of better shot quality because of playing with Giannis and playing in our system and improve as a shooter. I think he could have a huge shooting year, which would be massive for him and us.

“And he’s just got an edge to him. I hope he takes this as an affectionate thing, and this is true, when I saw the idea of Cole Anthony, him being free and our chance to get him, I think he’s like a guard version of Bobby Portis. I think he can bring so much swag and energy to our team.”

Eastern Notes: Sexton, Holland, Anthony, Embiid, Bassey

In a wide-ranging interview with Roderick Boone of The Charlotte Observer (subscription required), Hornets head coach Charles Lee spoke about the offseason additions to the roster, why he’s comfortable with the team’s frontcourt options, and how he expects LaMelo Ball to take another step forward as a leader next season, among other topics.

Discussing newly acquired veteran guard Collin Sexton, Lee suggested that the 26-year-old’s “fearlessness” and “competitiveness” are traits that stand out and joked that he’ll be expecting different treatment from Sexton during games now that they’re on the same side.

“From afar, he was very competitive. At times he would stare me down during games as the opposing coach or scout coach, and he’s always looking for some fuel to get him going,” Lee said. “So, when he first got here, I made sure to remind them of that, ‘Like, don’t be looking at me crazy like that anymore or your minutes are going to suffer now.’ But it’s great. I’m so glad to have him on our side.

“… I already appreciate so much of what he’s kind of giving to our group,” Lee continued. “Seeing him do group workouts with Melo, them having conversations, I just think is really important for our group to continue to grow. And he’s going to be a big part of that with his work ethic and then also with his competitiveness.”

Here’s more from around the Eastern Conference:

  • While Ron Holland has been impressive all around for the Pistons during Summer League play, with averages of 21.7 points, 6.0 rebounds, and 4.0 steals per game in three outings, his three-point shooting has perhaps been the most encouraging part of his performance, writes Omari Sankofa II of The Detroit Free Press (subscription required). It’s a small sample, but Holland has knocked down 7-of-15 threes (46.7%) after making just 23.8% as a rookie. “I feel like me and Freddie V have been in the gym, for sure,” Holland said on Sunday, referring to Pistons assistant coach and shooting guru Fred Vinson. “There’s no secret behind that.” Shawn Windsor of The Detroit Free Press (subscription required) also weighs in on Holland’s strong Summer League play, suggesting that the Pistons should be very encouraged by what he has shown.
  • Cole Anthony‘s new one-year contract with the Bucks is worth the veteran’s minimum, Hoops Rumors has confirmed. Anthony will earn $2,667,947 on the deal, while Milwaukee carries a cap hit of $2,296,274.
  • In a fascinating, in-depth feature, Dotun Akintoye of ESPN gets some candid comments out of Sixers star Joel Embiid, who discussed the media narratives that have followed him around, his altercation with local columnist Marcus Hayes, and his (successful) quest to find out who leaked details about a team meeting last fall, among many other topics.
  • Big man Charles Bassey has left the Celtics‘ Summer League team, as Souichi Terada of MassLive.com relays. Bassey’s deal with Boston only covered three games in Las Vegas, as he had other summer commitments. The former San Antonio center – who doesn’t yet have a contract in place for 2025/26 – performed well in Vegas, averaging a double-double (15.3 PPG, 11.0 RPG) and shooting 70.4% from the field.

Bucks Sign Cole Anthony

The Bucks have officially signed free agent guard Cole Anthony, the team announced today in a press release. The move had been expected since Anthony reached a buyout agreement with the Grizzlies, who waived him over the weekend.

Anthony, 25, spent the first five years of his NBA career in Orlando, appearing in a total of 320 regular season games (125 starts) with the Magic. He saw his role cut back in 2024/25, however, setting new career lows in points (9.4) and minutes (18.4) per game, among other categories.

Prior to last season, Anthony had career averages of 13.4 points, 4.6 rebounds, and 4.1 assists in 26.5 minutes per contest, with a shooting line of .418/.343/.851.

The Magic sent Anthony and Kentavious Caldwell-Pope to Memphis last month in a trade for Desmond Bane, but the former UNC guard wasn’t in the Grizzlies plans after they agreed to sign Ty Jerome in free agency. Memphis’ buyout of Anthony – who gave up $2MM of his $13.1MM expiring contract – helped the club create the cap room necessary to renegotiate Jaren Jackson Jr.‘s contract.

In Milwaukee, Anthony should have a path to rotation minutes in a backcourt that no longer features star point guard Damian Lillard. Kevin Porter Jr. and Ryan Rollins figure to be Anthony’s top competition for playing time at the point this fall.

While Anthony’s agreement with the Bucks was reported to be a one-year deal, it’s unclear if he signed for the minimum or if he’ll get the remainder of the team’s room exception — Milwaukee still had about $3.65MM left on that exception after using a portion of it to re-sign Porter.

Contract Details: Anthony, JJJ, Holmgren, J. Williams, Gafford

Cole Anthony, whose previous cap hit had been $13.1MM, gave up exactly $2MM as part of his buyout agreement with the Grizzlies, tweets Keith Smith of Spotrac. Memphis subsequently used the stretch provision to spread the $11.1MM still owed to Anthony across three seasons, resulting in annual cap hits of $3.7MM through 2027/28.

The move reduced Anthony’s 2025/26 cap charge by $9.4MM, generating the cap room necessary to renegotiate Jaren Jackson Jr.‘s ’25/26 salary from roughly $23.4MM up to $35MM, as Yossi Gozlan of The Third Apron tweets. That allowed the Grizzlies to give Jackson a $49MM salary (ie. a 40% raise) in the first year of his new extension, which increases to $50.5MM in 2027/28 and $52MM in ’28/29, with a $53.5MM player option for ’29/30.

Jackson is now owed exactly $240MM over the next five seasons, having received approximately $216.6MM in new money in his agreement with Memphis.

Here are a few more details on contracts from around the NBA:

  • Chet Holmgren‘s new five-year, maximum-salary rookie scale extension with the Thunder doesn’t include Rose Rule language, but Jalen Williams‘ five-year max extension does, per ESPN’s Bobby Marks at Sports Business Classroom. According to Marks, Williams’ deal will start at 30% of the 2026/27 salary cap if he wins MVP, is named Defensive Player of the Year, or makes the All-NBA first team next season. If he makes the All-NBA second team, it would start at 27% of the cap, while a spot on the All-NBA third team would result in a starting salary at 26%. No All-NBA berth, MVP, or DPOY for Williams would result in a salary worth 25% of next year’s cap, matching Holmgren’s deal.
  • As expected, the terms of Daniel Gafford‘s new three-year veteran extension with the Mavericks are the maximum the team could have given the big man while maintaining his trade eligibility, tweets Marc Stein. Gafford got a 20% raise for 2026/27 to $17,263,584, with 5% annual raises for the next two seasons. The new three-year contract is worth a total of $54.38MM, on top of the $14.39MM he’ll make in 2025/26.
  • Rockets forward Jeff Green, Spurs guard Jordan McLaughlin, and Bucks wing Gary Trent Jr. have joined the list of players who waived their right to veto a trade in 2025/26 when they re-signed with their respective teams, Hoops Rumors has learned. A player who signs a new one-year deal (or two-year deal with a second-year option) with his previous team typically gets trade veto rights for that season, but those can be forfeited as part of the contract agreement.

Cole Anthony Agrees To Buyout With Grizzlies, Plans To Join Bucks

July 13: The buyout is official, the Grizzlies announced (via Twitter).


July 12: Cole Anthony has reached a buyout agreement with the Grizzlies, sources tell Shams Charania of ESPN, who adds that Anthony plans to sign with the Bucks once he clears waivers.

Anthony, who was acquired from Orlando in last month’s Desmond Bane trade, has an expiring $12.9MM contract. Charania doesn’t say how much money Anthony is giving up in the buyout, but it’s expected to be similar to whatever salary he gets in Milwaukee, likely a veteran’s minimum contract for one year.

When the move becomes official, Memphis will be able to use cap room to renegotiate and extend Jaren Jackson Jr.‘s contract, per Bobby Marks of ESPN (Twitter link). Once that happens, the Grizzlies can officially re-sign forward Santi Aldama and finalize their reported deal with free agent guard Ty Jerome.

Selected with the 15th pick in the 2020 draft, Anthony spent his first five NBA seasons with the Magic. He had been a consistent double-digit scorer throughout his career, but his playing time decreased last season and his scoring average dropped to 9.4 PPG.

The addition of Anthony will give Milwaukee 14 standard contracts. That includes Andre Jackson, whose deal won’t become fully guaranteed until opening night.

Stein/Fischer’s Latest: Jerome, Finney-Smith, Turner, Russell, T. Jones, Paul

The Grizzlies appear to be the leaders in the race to sign free agent guard Ty Jerome, according to Marc Stein and Jake Fischer of The Stein Line (Substack link). Jerome is coming off a breakout season, but his salary demands are too high for a Cleveland team on the brink of the second apron, so he’s considered a “lock” to leave in free agency. Stein previously mentioned Charlotte and Utah as other teams to watch for Jerome, but Memphis might be separating itself from the pack.

The main question, according to the authors, is how much the Grizzlies are willing to pay Jerome, who is believed to be seeking a deal starting around the $14.1MM non-taxpayer mid-level exception to Jerome. Memphis has been operating recently with the goal of creating enough financial flexibility to renegotiate and extend Jaren Jackson Jr. while matching any offers for restricted free agent forward Santi Aldama, so any offer for Jerome couldn’t get in the way of those goals.

League sources tell Stein and Fischer that the Grizzlies tried to find a taker for Cole Anthony over the weekend. Sending out Anthony’s $13.1MM contract could enable Memphis to acquire Jerome via sign-and-trade.

There’s more inside information from Stein and Fischer:

  • As reported on Sunday, the Rockets appear to be the top threat to sign Dorian Finney-Smith away from the Lakers. Houston has the $14.1MM MLE available, but the authors hear that its offer may cover four years at a little less than the full amount. L.A. is still hoping to re-sign the 32-year-old forward, who was a part-time starter after being acquired from Brooklyn in December. Finney-Smith turned down a $15.4MM player option on Sunday, and Stein and Fischer report surprise throughout the league that his announcement wasn’t accompanied by a new deal with the Lakers.
  • There’s “no tangible expectation” that Myles Turner will leave the Pacers in free agency, according to Stein and Fischer. There was some speculation that Indiana might reconsider a new deal with its starting center in the wake of Tyrese Haliburton‘s Achilles injury, but coach Rick Carlisle seemed to squash that when he said on a radio interview last week that re-signing Turner remains the team’s “No. 1 priority.”
  • The Mavericks are expected to use their $5.7MM taxpayer MLE to sign Nets guard D’Angelo Russell to a two-year deal, Stein and Fischer add. Even with that addition, which would be the team’s 15th standard contract, they state that Dallas still hopes to open a roster spot to re-sign Dante Exum. The authors expect the Mavs to search for a team willing to take on Olivier-Maxence Prosper‘s $3MM contract for next season. The 2023 first-round pick has a $5.3MM team option for 2026/27, so it’s potentially a one-year commitment.
  • The Magic‘s decision on Sunday to decline an $11MM option on Moritz Wagner and a $2.1MM option on Caleb Houstan could create an opportunity to sign free agent point guard Tyus Jones. If Jones leaves Phoenix, Stein and Fischer speculate it could lead to Chris Paul returning to the Suns, as they first reported on Sunday.

Latest On Desmond Bane Trade

Several teams contacted the Grizzlies about Desmond Bane before they decided to trade him on Sunday, but nobody was as aggressive as the Magic, sources tell Tim Bontemps of ESPN. Orlando is determined to become a title contender and faced a glaring need to improve its three-point shooting after finishing last in the league in that category at 31.8%.

Bane is a 41% shooter from beyond the arc for his career and connected at 39.2% in 69 games last season. The 26-year-old shooting guard projects to be a perfect complement alongside Jalen Suggs in the Magic’s backcourt and should be more productive than Kentavious Caldwell-Pope, who was Orlando’s major addition last summer.

“He’ll be a good fit,” an assistant coach told Bontemps. “There’s not a lot of guys that you would want to grab as your third option that can do it to the level that he can do it.”

Even so, Bontemps notes that there was surprise throughout the league about the price the Magic were willing to pay to acquire Bane. In addition to Caldwell-Pope and Cole Anthony, they gave up four first-round picks and a 2029 pick swap, including the 16th selection in this year’s draft.

Orlando also took on a significant financial commitment with Bane, who has four years and $163MM left on his contract. The Magic are likely facing huge tax bills in the future, especially once Paolo Banchero‘s upcoming extension kicks in. One scout suggested to Bontemps that Memphis may have been relieved to unload Bane’s contract.

“[The Grizzlies] did that extension before the new second apron rules kicked in and they were looking at that deal and liking it less,” he said. “Really good guy, good player, but [I] never thought of him as a max guy.”

Bontemps notes that Memphis general manager Zack Kleiman promised changes after being swept in the first round by Oklahoma City, and Sunday’s deal was the first step in that direction. A complete rebuild doesn’t seem likely, as sources told Bontemps that Ja Morant and Jaren Jackson Jr. aren’t expected to be dealt, but more moves appear to be coming as the franchise tries to clear up cap room to renegotiate and extend Jackson’s contract before he reaches free agency in 2026.

With the Grizzlies shifting to an up-tempo approach under new coach Tuomas Iisalo, Bontemps hears they’re confident that Jaylen Wells can become a long-term starter. The second-round pick is coming off an outstanding first season, averaging 10.4 PPG and finishing third in the Rookie of the Year voting.

Memphis is also happy with the cache of draft assets it received in the deal, particularly the 2026 selection that will almost certainly be the less favorable pick between Phoenix and Washington. Considering the current state of those two teams, there’s a chance the Grizzlies could wind up with an early pick in a very strong draft.

Bontemps adds that the uncertainty at the top of the East could inspire several teams to emulate Orlando by making a big deal, and there’s a league-wide feeling that numerous trades could take place by draft night.

“For them, they got to give themselves a chance,” one executive said. “They have gone to the playoffs two years in a row and had a first-round exit, and they look around and they’ve got a young group that’s trying to figure out how to take the next step.”

Grizzlies Notes: Trade, Finances, Caldwell-Pope, Coaching Staff

In trading Desmond Bane, the Grizzlies moved on from a player who is possibly the best shooter in franchise history in a deal that has sweeping implications for the organization, writes Damichael Cole for Memphis Commercial Appeal. In addition to his offensive workload, Bane had also assumed a prominent leadership role in Memphis in recent years.

Despite moving Bane for a pick-heavy trade package, the Grizzlies aren’t expected to go into rebuild mode, Cole writes. Those picks will likely be used in trades, whether to bring in more talent or to clear cap room to help renegotiate Jaren Jackson Jr.‘s contract.

In the meantime, Kentavious Caldwell-Pope will help shore up the perimeter defense around Ja Morant. While the shot creation will take a hit with the loss of Bane, Caldwell-Pope should still be a helpful floor spacer, despite coming off a down year with the Magic.

We have more notes from the Grizzlies:

  • Grizzlies fans shouldn’t be shocked if Cole Anthony is moved in a subsequent trade, as his fit with high-end backup point guard Scotty Pippen Jr. is questionable, writes Spotrac’s Keith Smith. While the trade will provide long-term financial flexibility for Memphis, it eats into the team’s ability to create cap space this summer, Smith notes, especially given the salary slot for the newly acquired 16th pick in the 2025 draft.
  • Caldwell-Pope’s durability could be a valuable asset for a Grizzlies team that has struggled to keep its best players on the floor, writes Jonah Dylan for Memphis Commercial Appeal. Memphis’ new wing has never played fewer than 67 games in a season over his 12-year career. He also brings championship experience to a team that has struggled to make good on its potential in previous playoff runs.
  • The Grizzlies are searching for a new top assistant for head coach Tuomas Iisalo‘s coaching staff, writes Marc Stein for The Stein Line (Substack link). Names being considered include Adrian Griffin, Mavericks assistant Jared Dudley, and Magic assistant Dale Osbourne.

Magic Acquire Desmond Bane From Grizzlies In Three-Player Deal

4:02 pm: The trade is now official, per a Magic press release (Twitter link).


10:14 am: The Grizzlies will trade Desmond Bane to the Magic in exchange for Kentavious Caldwell-Pope, Cole Anthony, four unprotected first-round picks and one first-round pick swap, according to Shams Charania of ESPN (Twitter link).

Memphis will receive the 16th selection in this year’s draft, along with a “most favorable” 2026 first-round pick that will likely be Phoenix’s and unprotected first-rounders from Orlando in 2028 and 2030, Charania adds, noting that there’s light protection on the pick swap in 2029 (Twitter link).

Bane provides a potent offensive weapon for a Magic team that often struggled to score. He averaged 19.2 points, 6.1 rebounds and 5.3 assists in 69 games this season with a .484/.392/.894 shooting line. He’ll be another scoring threat to team with Paolo Banchero and Franz Wagner and should be a good complement to defensive specialist Jalen Suggs in the backcourt as Orlando looks to become a contender in what should be a weakened Eastern Conference.

The 27-year-old guard just completed the first season of a five-year, $197.2MM extension, so Orlando will be getting the security of a long-term contract. Bane will make $36.7MM next season, with that number rising to $44.9MM in the final year of his deal in 2028/29.

Caldwell-Pope wasn’t able to provide the Magic with consistent backcourt scoring after being signed away from Denver last offseason, but Charania notes that he’s a strong defensive wing who’ll bring championship experience to Memphis. Caldwell-Pope, 32, appeared in 77 games this season, averaging 8.7 PPG, his lowest scoring average since his rookie season. He shot 43.9% from the field and 34.2% from three-point range, significantly below the numbers he posted during his two years in Denver.

Caldwell-Pope has two years left on the deal he signed last summer and will earn $21,621,500 in each of the next two seasons.

Anthony has been a productive scorer during his five years in Orlando, but his playing time (18.4 minutes per game) and scoring average (9.4 PPG) both hit career lows this season. The 25-year-old guard will provide Memphis with instant offense off the bench and will make $13.1MM next season with a $13.1 team option for 2026/27.

Cap expert Yossi Gozlan tweets that the trade can be processed right away rather than waiting for the moratorium to be lifted on July 6. He adds that the Magic are required to do a 100% salary match because they project to be above the $195.9MM first apron next season. As a result of aggregating salaries, they will be hard-capped at the $207.8MM second apron in 2025/26, but can escape the luxury tax by declining team options on Moritz Wagner ($11MM) and Gary Harris ($7.5MM).

Gozlan also states that Orlando’s combined salary and tax bill could top $350MM in 2026/27 once Banchero’s expected max extension kicks in (Twitter link).

In addition, Gozlan notes that the deal will impact a possible renegotiation and extension for Jaren Jackson Jr. by decreasing the Grizzlies’ available cap space from $6.9MM to $4.5MM. Additional trades may be necessary to free up more money for Jackson.

ESPN’s Bobby Marks points out (via Twitter) that Bane has a 15% trade bonus in his contract, but it will be voided because it would push his salary over the maximum.

Florida Notes: Anthony, Bitadze, Ware, Heat

Guard Cole Anthony had an up-and-down fifth season with the Magic, writes Jason Beede of The Orlando Sentinel. While the 25-year-old had some big performances, including a team-high 26 points in Orlando’s play-in victory over Atlanta, he wound up averaging career lows in multiple counting stats, including points (9.4), rebounds (3.0), assists (2.9) and minutes (18.4) per game during the regular season.

After taking some time off to recuperate both physically and mentally after a long season, Anthony says he plans to work on all aspects of his game this summer, with one particular area of emphasis.

I just want to continue to become a better defender,” Anthony said. “That’s a big one for me. And just keep polishing my game, keep working on my jump shot, tighten up the handle, get stronger. … I don’t think there’s any part of the game I don’t want to improve. I’m just going to have a good summer and just lock in.”

Here a few more notes from the two Florida-based teams:

  • Although Magic center Goga Bitadze posted career-best numbers in several categories in 2024/25, he was out of the rotation by the end of the regular season and in the playoffs, Beede writes in another story for The Orlando Sentinel. Bitadze says he’s “super proud of himself” for the way he helped the team amid role changes and injuries, and he wants to continue to take strides in the offseason. “My shooting is going to be the first I’m going to work on,” Bitadze said. “Because it’s already there, it’s got to be a different mindset. All I’ve got to do is just trust in it and it’s going to help this team moving forward offensively. I’ve just got to keep working.”
  • Heat center Kel’el Ware will likely be named to one of the All-Rookie teams after a solid debut season, per Ira Winderman of The South Florida Sun Sentinel. The 21-year-old big man says he gained confidence over the course of the season and learned from Miami’s first-round thrashing by Cleveland, but he knows he needs to add more muscle to his frame this summer. “I would say definitely the strength part of it,” Ware said. “That was really the main thing for me. That’s probably going to be the main thing I continue to work on during the offseason, to get better and get stronger. I would say that, definitely that.”
  • Yossi Gozlan of The Third Apron (Substack link) previews the Heat‘s offseason, including whether the team can trade for a star, how Davion Mitchell‘s restricted free agency might play out, and potential extensions for Tyler Herro and Nikola Jovic (the latter Gozlan views as unlikely). Gozlan also discussed the team’s offseason on a YouTube stream with Ethan Skolnick of 5 Reasons Sports.