Davon Reed

Contract Details: Kornet, Wall, Jokic, Garland, Reed, More

Luke Kornet‘s new two-year, minimum-salary contract with the Celtics includes multiple salary guarantee dates this year, Hoops Rumors has learned.

Currently, Kornet’s $2.13MM salary for 2022/23 is only partially guaranteed for $100K, but that guarantee would increase to $300K if the big man remains under contract through August 15. If Kornet makes Boston’s regular season roster, half of his salary (approximately $1.07MM) would become guaranteed.

Kornet’s deal with the Celtics doesn’t include any guarantee triggers beyond that, so his ’22/23 salary would become fully guaranteed after the league-wide salary guarantee deadline in January. His ’23/24 salary is non-guaranteed and would become fully guaranteed if he remains under contract through January 7, 2024.

Here are a few more details on newly signed contracts:

  • The second year of John Wall‘s two-year deal with the Clippers is a team option, Hoops Rumors has learned. Los Angeles used its full $6,479,000 taxpayer mid-level exception to sign Wall.
  • Nikola Jokic‘s super-max extension with the Nuggets and Darius Garland‘s new maximum-salary extension with the Cavaliers both feature 15% trade kickers.
  • Davon Reed‘s two-year, minimum-salary contract with the Nuggets is fully guaranteed in year one and non-guaranteed in year two. Reed’s second-year salary will become fully guaranteed if he’s not waived by July 8, 2023.
  • The Magic used a portion of their mid-level exception to sign second-round pick Caleb Houstan to a four-year contract that includes guaranteed $2MM salaries in each of the first two seasons. The third and fourth years are worth the minimum and are non-guaranteed — there’s also a team option on the fourth year.
  • As expected, the Lakers signed second-rounder Max Christie to a two-year, minimum-salary contract. That deal will be fully guaranteed, Hoops Rumors has learned. L.A. couldn’t offer Christie more than two years or more than the rookie minimum after using the full taxpayer mid-level exception on Lonnie Walker.
  • Michael Foster Jr.‘s deal with the Sixers is an Exhibit 10 contract, meaning the team has the option of converting it into a two-way contract before the season.

Nuggets Sign Davon Reed To Two-Year Contract

JULY 9: The Nuggets have officially re-signed Reed, per NBA.com’s transactions log.

JUNE 30: The Nuggets are re-signing Davon Reed to a standard two-year deal, Mike Singer of the Denver Post tweets.

Reed appeared in 48 regular season games with Denver last season, including five starts. He averaged 4.4 PPG in 13.9 MPG.

He was on a two-way contract and received a qualifying offer this week, making him a restricted free agent. The terms of his new contract aren’t yet known.

Reed couldn’t play in the postseason because of the two-way deal. However, he earned high praise from coach Michael Malone.

“Every time Davon Reed has gotten a chance to play this year, he’s found a way to help this team,” Malone said late in the regular season.

The 6’5” guard has made 39.1% of his 3-pointers in his 79-game NBA career.

Deandre Ayton, Marvin Bagley III Among Players Receiving QOs

The Suns have issued a qualifying offer to center Deandre Ayton, making him a restricted free agent, reports Keith Smith of Spotrac (Twitter link). Ayton’s qualifying offer is worth $16,422,835.

[RELATED: Hoops Rumors Glossary: Qualifying Offers]

Although there have been consistent whispers about the possibility of Ayton leaving Phoenix in free agency this summer, there was never any doubt that he’d receive a qualifying offer. That QO ensures that he doesn’t become an unrestricted free agent and gives the Suns the opportunity to match any offer sheet he signs with a rival team. Ayton also has the option of signing the one-year, $16.4MM deal if he wants to become an unrestricted free agent in 2023, though that’s considered very unlikely.

Here are a few more updates on qualifying offer decisions from around the NBA:

  • The Pistons have tendered a qualifying offer worth $7,228,448 to big man Marvin Bagley III, making him a restricted free agent, tweets Smith. Multiple reports in recent weeks and months have indicated that re-signing Bagley will be a priority for Detroit this offseason. His cap hold will exceed $28MM, but if the two sides agree to terms quickly once free agency opens, the Pistons will be able to maximize their cap room by reducing that $28MM cap hold to a first-year salary that will come in much lower.
  • The Nets have issued qualifying offers to center Nic Claxton and two-way guard David Duke, per Smith (Twitter link). Claxton’s QO is worth $2,228,276 while Duke’s is for another two-way contract. Both players are now restricted free agents.
  • The Nuggets have extended qualifying offers to forward Vlatko Cancar and two-way swingman Davon Reed, according to Smith (Twitter link). Like Claxton, Cancar has a $2,228,276 qualifying offer. Reed’s is for another two-way contract, though it’s possible he could generate interest from teams interested in giving him a standard roster spot.
  • Wizards forward Anthony Gill received a qualifying offer making him a restricted free agent, according to Smith (Twitter link). Gill’s QO projects to be worth $2,011,516, though that could increase or decrease slightly depending on where the salary cap for 2022/23 ends up.
  • The Warriors have made swingman Quinndary Weatherspoon a restricted free agent by giving him a two-way qualifying offer, reports Smith (Twitter link). Golden State reportedly agreed to a deal with Lester Quinones to fill the team’s other two-way slot.

Tim Connelly Discusses Nuggets’ Roster, Future

Following the team’s first-round exit at the hands of Golden State, Nuggets president of basketball operations Tim Connelly discussed a number of topics on Friday at his season-ending press conference, writes Mike Singer of The Denver Post. Connelly said signing Nikola Jokic to a super-max extension this summer is a top priority.

It’s a pretty big (priority),” Connelly said. “… There’s nothing more important, organizationally, than to make sure Nikola stays here as long as he wants to play the game.”

Connelly also reflected on giving Michael Porter Jr. a five-year, maximum-salary extension prior to the 2021/22 season. Porter appeared in just nine games this season and clearly wasn’t himself prior to being shutdown and undergoing lumbar spine surgery in December, his third back surgery since 2017.

You analyze everything. Oftentimes the best indicator of future health is current health,” Connelly said. “Unfortunately, he had the injuries he dealt with this year. The previous couple years going into that contractual negotiation (last summer) we felt pretty good about it. Certainly his numbers were reflective of a guy that you’re going to have to give a lot of money.

“Hindsight is 20/20. I think we looked as much as we can. We’ve tended to be a team that rewards guys earlier instead of getting to the marketplace. We’re really looking forward to him being fully healthy, and I know he’s working his butt off to achieve that goal.”

The president said the reason the team never officially ruled out Porter or Jamal Murray for the season was because only the players knew how they felt: “It’s their body. … Whenever there’s an injury, the player has to have the loudest voice.”

Denver never applied pressure for either player to make a return if they felt they weren’t ready, Connelly added. Both players confirmed to the media that they were aligned with management’s thinking, Singer notes. Murray, who missed the entire season after suffering a torn left ACL last April, said he’s “not even sure if he’s 85% right now,” according to Singer (Twitter link).

Here are some more quotes from Connelly, courtesy of Singer:

  • Connelly said the small forward position and wing defense are areas that need to be addressed in the offseason. “Whenever you lose you have to be extremely self-critical and analyze areas where we’re not where we need to be. Losing Mike (Porter) was really big, but losing PJ Dozier, that was really two guys, all our depth at the small forward position, so we had to play some pretty wonky lineups. … I think it’s pretty evident where we need to get better.”
  • Connelly on DeMarcus “Boogie” Cousins, who’s an unrestricted free agent: “Boogie was fantastic. He brought a ton. … He helped stabilize that second unit.” The team plans to talk to Cousins about his future soon, Singer tweets.
  • Denver wants to retain two-way player Davon Reed and only decided against converting him to a standard deal (to become playoff-eligible) because it would’ve meant cutting someone else (Twitter link via Singer). “He’s a guy that we’re very high on for the future,” Connelly said.
  • Connelly on the possibility of paying the luxury tax next season and/or in the future: “If the team is good enough, (ownership will) pay accordingly.

Northwest Notes: Reed, Blazers, Grant, Mann, Jazz

Nuggets guard Davon Reed earned praise from star center Nikola Jokic and head coach Michael Malone after he scored 10 points on 3-of-4 shooting in the team’s win over the Lakers on Sunday. As Mike Singer of The Denver Post writes, Jokic lauded Reed’s defense, while Malone said the 26-year-old had an “unsung hero type-of-a-game.”

However, as Singer observes, because Reed is still on a two-way contract, he remains ineligible to participate in the playoffs for the Nuggets. The team would have to waive someone from its 15-man roster and promote Reed to a standard contract to make him available for the postseason. Asked about that possibility, Malone raved more about Reed and said it’s an issue the team will discuss.

“Every time Davon Reed has gotten a chance to play this year, he’s found a way to help this team,” Malone said, per Singer. “I mean look at his line tonight — here’s a guy that’s a two-way player, 23 minutes, 10 points, couple of assists, rebounds, steals and he had an impact on the game. He’s in the game in the fourth quarter in a must-win game. I think that, in and of itself, speaks to my level of confidence with him. … That’s something that (head of basketball operations) Tim (Connelly) and I can talk about as we move forward.”

Here’s more from around the Northwest:

  • Following up on reports from February that stated the Trail Blazers attempted to acquire Jerami Grant from the Pistons at the trade deadline, Marc Stein says in his latest Substack article that Portland’s offer was believed to include Josh Hart and draft compensation. Stein confirms the Blazers are expected to revisit the possibility of acquiring Grant in the offseason, as has been previously reported.
  • Tre Mann could be next to join the Thunder‘s growing list of players who have been ruled out for the season. Mann has been sidelined for the last four games due to a right hamstring strain and head coach Mark Daigneault doesn’t sound confident that the rookie guard will return this week, per Joe Mussatto of The Oklahoman. “We’re working through it,” Daigneault said before Sunday’s game.
  • The reeling Jazz can’t be saved by anyone but their players at this point, according to Tony Jones of The Athletic, who says the front office and head coach Quin Snyder have done all they can with the current group. Utah has dropped six of its last seven games and has blown double-digit fourth quarter leads in its last two losses.

Western Notes: Reed, Balcetis, Okogie, Richardson

Nuggets two-way guard Davon Reed probably won’t see much action when the team is fully healthy, but he has earned the team’s trust by taking advantage of his limited opportunities, writes Kyle Fredrickson of The Denver Post. Reed received nearly 20 minutes of playing time due to Will Barton‘s ankle injury on Monday night, scoring a career-high 17 points on just eight shot attempts (five of seven from deep) in Denver’s 131-124 win over the Warriors.

Reed is 30-for-64 from three-point range on the season, good for 46.9%. He says he puts in the work to stay ready for when his number is called.

If I don’t play, I’m upstairs after every game getting shots up. I’m getting my work in every day. All I can do is control what I can control by staying ready,” Reed said. “It’s not going to happen like this every night. But shots were able to go in. It’s a testament to the work.”

Reed’s impressive work ethic has earned praise from superstar teammate Nikola Jokic, as Fredrickson relays.

I always respect that,” Jokic said. “It’s something that shows to me that he cares. That he wants to be here and wants to be part of the team. He wants to get better. He performed well today. He knocked down some threes and played really (well). Just the respect of staying ready.”

In case you missed it, our JD Shaw interviewed Reed back in January.

Here’s more from the Western Conference:

  • Nuggets assistant GM Tommy Balcetis has had an unusual path to the NBA, Mike Vorkunov of The Athletic writes as part of his 40 under 40 series. Balcetis immigrated to the U.S. from Lithuania as a teenager, then played high school and college hoops. Unfortunately, his playing career was ended prematurely when it was discovered he had a heart condition. He was determined to work in the league, taking a pay cut work in the international media division a couple years after college, as Vorkunov details. Balcetis met president of basketball operations Tim Connelly at a Basketball Without Borders event in Russia in 2012, and sent Connelly a congratulatory text when he was hired by Denver in 2013. They’d only met once, but Connelly remembered him and asked for his résumé. “He impressed me with his passion and intelligence and knowledge of the game,” Connelly said, recalling what made him reach out. “I thought his story was really cool.”
  • Josh Okogie has seen scant playing time this season for the Timberwolves, but he’s providing leadership off the bench, per Chris Hine of The Star Tribune. “He has the same approach every single day,” head coach Chris Finch said. “I know a lot of times he’s been frustrated not being able to play or not being able to hold a consistent role as things changed around him, and sometimes it wasn’t his fault. … But he’s been a great pro. Really mature, into the game, into the practice and the preparation, and he has a bright future in this league.” Okogie will be a restricted free agent this summer if the Wolves tender him a qualifying offer.
  • Spurs guard Josh Richardson has embraced his new role as an elder statesman, but it’s unclear if he’ll remain in San Antonio beyond this season, according to Jeff McDonald of The San Antonio Express-News. At 28, Richardson is the second-oldest player on the team behind Doug McDermott (30). “When you come to a team that has a rotation set already, it’s going to be a little different,” Richardson said of his limited role thus far. “I knew that coming here. You’ve got to be professional and stay ready.” Richardson has one year left on his contract after signing an extension last summer. He’ll earn $12,196,094 in 2022/23.

Northwest Notes: Ingles, Edwards, Beverley, Reed

Jazz swingman Joe Ingles, recently ruled out for the season with an ACL tear, seems likely to either see his expiring $14MM contract traded or waived by Utah, writes Sarah Todd of the Deseret News.

Todd writes that wing Danuel House appears likely to ink a guaranteed deal with Utah, but that the team may need more help than that. The Jazz also have a $7.4MM trade exception they could use to their advantage. Until the team makes another addition to its roster, Todd projects Eric Paschall to see more run in the absence of Ingles.

Tony Jones of The Athletic concurs that it seems probable House will get a guaranteed deal in the wake of the Ingles injury. Jones opines that Ingles will be tough to replace as a reliable wing shooter and ball-handler, particularly in the pick-and-roll. Jones notes that the Jazz, hopeful to make a championship push this season, will most likely look to shore up their roster beyond just keeping House around.

There’s more out of the Northwest Division:

  • Timberwolves second-year swingman Anthony Edwards is confident he can reach All-Star levels, possibly even this season, writes Marc Spears of the Undefeated. “My main goal is to get into the All-Star Game,” Edwards said ahead of the NBA revealing coaches’ picks tonight for the 2022 game in Cleveland next month. “I know I am going to get in the Rising Stars Game [this season]. I want to be in [the] All-Star Game.” The 20-year-old is averaging 22.3 PPG, 5.0 RPG, and 3.7 APG, with shooting splits of .443/.363/.807 across 40 games for the 26-25 Timberwolves this year. Responding to a question about his ceiling as a player, Edwards was optimistic. “I don’t think I got one,” he said. “I think I can be as good as anyone.”
  • When asked about the possibility of being dealt at or before the impending trade deadline this season, Timberwolves guard Patrick Beverley indicated that he hopes to stick around in Minnesota, both for the rest of this season and perhaps past it, per Chris Hine of the Star Tribune (Twitter link). “It’s been great here,” Beverley said of his tenure in Minnesota. “Especially trying to establish a culture, a winning culture here … They allowed me to be myself here. Allowed me to do my thing, and that’s affected on and off the court on the team.”
  • Nuggets shooting guard Davon Reed expressed confidence that he has shown he can be more than a “fringe” player in the league, per Mike Singer of the Denver Post. “I can defend multiple positions, I can make open shots and, given the opportunity, I can make plays for my team as well,” Reed said. He has certainly earned rave reviews from head coach Michael Malone. “Every time that kid gets a chance to play, he goes out there and plays at a high level,” Malone said. Reed’s shooting numbers, albeit across a fairly modest 14.4 MPG while taking just 3.4 field goal attempts and 0.2 free throw looks a night, have been encouraging: .500/.476/.800.

Nuggets Notes: Cousins, Trade Deadline, Hyland, Nnaji, Reed, Porter Jr.

After the Nuggets signed veteran center DeMarcus Cousins to a 10-day contract on Friday, head coach Michael Malone hinted that Cousins might stick beyond those 10 days, Harrison Wind of DNVR Sports tweets“I anticipate it going well,” Malone said. Cousins didn’t play in the loss to the Grizzlies on Friday.

We have more on the Nuggets:

  • The Nuggets are looking for a bigger wing on the trade market, according to Mike Singer of the Denver Post. Ideally, they’d like to find a 3-and-D player who won’t cost an exorbitant amount. To that aim, Orlando, Indiana, Portland and Sacramento are potential trade partners, Singer adds.
  • Bones Hyland, Zeke Nnaji and Davon Reed have received significant playing time recently due to injuries but only Hyland is likely to remain in the rotation when the team gets healthier, Singer opines in the same mailbag post. That’s due to his ability to ignite and create offense on the second unit.
  • ESPN’s Adrian Wojnarowski said this week there’s growing optimism Michael Porter Jr. will play again this season. Wind posted a video on Twitter showing the forward, who underwent back surgery in early December, warming up prior to Friday’s game. Wind noted that the warmup looked similar to the one Porter typically does before actually playing.

Davon Reed Discusses New Two-Way Deal, Nuggets, Jokic, More

Nuggets two-way forward Davon Reed took an unorthodox path to where he is today.

Reed, who will turn 27 this year, has bounced around since being selected with the No. 32 pick in the 2017 draft, playing for multiple NBA and G League franchises and even making a stop overseas in Taiwan.

Fast-forward to Saturday night against the Lakers and he was being tasked with guarding LeBron James as a primary defender, registering a +33 net rating and helping Denver earn a blowout win.

“I can’t predict the future, but we’re just getting started here in Denver,” Reed told Hoops Rumors. “The community and the fans have embraced me. Obviously, my coach and my team have embraced me. I think it’s definitely the start of something special, and I would like everybody to know that I’m just getting started.

“Right now, I’m just trying to be impactful in any way that I can with the minutes that I’m getting. But once I can be on that court for more and more time, with more and more responsibility, I think people will be thoroughly impressed.”

Reed played for the Nuggets’ Summer League team in Las Vegas, signed a training camp contract with the team, joined the Grand Rapids Gold (the Nuggets’ G League affiliate), then inked three 10-day hardship deals with Denver before earning a two-way contract.

His infectious energy impressed the Nuggets, who felt compelled to keep him around when his hardship deals expired, rewarding him for his play.

Reed sat down with Hoops Rumors to discuss the promotion to the 17-man roster, his journey, his future goals, Denver’s season and more:

How does it feel to know that your work, particularly with this franchise, has paid off to this point?

“Man, it’s a good feeling. This is kind of the plan my agents and I set, seeing Denver’s track record, how they treat their players and remain loyal if you remain loyal to them. You know, as a player, you’re just excited. All you want to hear about is making that opening day roster and stuff like that. It was just a good transition from Summer League, to training camp, to being called up.”

How important do you find it to provide stable defense and bring it on that end of the floor every night?

“That’s something I’ve always prided myself on. I could see it was a need for our team and something I could provide immediately, each and every time I’m in the game. Like we talked about, it’s a natural instinct for me, but it’s also energy and effort. Just being able to provide more possessions for my team, being able to impact my team without necessarily having to put the ball in the hole is key. I look forward to doing that and all of the dirty work for my team.”

Speaking of your team, what do you think your role is on this Nuggets club?

“I think as everybody becomes more comfortable with me, they’ll realize I can bring a lot to the game on both ends of the floor. I do a little bit of everything. Versatile. I can score the ball, I can shoot the ball, but I’m also great at setting my teammates up. Just an overall, all-around player. At the end of the day, I just want to see us win.”

How supportive has head coach Michael Malone been to you throughout this process? What has he preached?

“Man, he’s been awesome. We didn’t really have too many conversations during Summer League, but he was the one who really encouraged me to come to training camp and stay patient. Since day one, he told me, ‘You’re an NBA player. I saw it all summer. Keep doing what you’re doing and bring that approach every day that you come in.’ Him being so vocal, getting me called up and getting me signed, giving me that opportunity — it’s been transformative for my career, since I really haven’t had those opportunities consistently in the past.”

What’s it like to play with Nikola Jokic?

“I tell everybody, he’s one of the best players I’ve ever seen with my own two eyes. Just his feel and control for the game. He’s not the most athletic guy, but he just sees the game and plays the game at his own pace. I definitely can learn a lot from him since I consider myself to be a play-maker, as well, and have a lot of control on the game. Just seeing how he’s able to pick the defense apart and things of that nature. I’m constantly observing. It’s obviously fun to play with.”

You worked your way up and earned this deal. Are you satisfied now?

“Absolutely not. At the beginning of the season, I spoke to my agents truthfully. I don’t want to go to the G League, not really trying to sign a two-way, you know. I feel that’s something that I’ve done for a while now and it wasn’t really something that I was trying to do at this point in my career. But, the opportunity that we needed to present itself presented itself. And we’re still working. The goal is to become a rotational player and get consistent minutes. I want to make an impact on this championship run. That’s my real goal.”

How challenging has this season been from a COVID perspective?

“We’ve had new players in and out, each and every day, with COVID or injuries. One thing I will say is that I’m happy to see how the NBA was able to keep the season going and give these G League players an opportunity to come up. There’s a lot of talent in the G League. Usually, there aren’t a lot of opportunities for certain guys. I’m glad to see that, but COVID has obviously caused a lot of complications this season. We’re just taking it one day at a time and trying to get through this as a league. Everybody’s going through the same stuff.”

What are your short-term and long-term goals?

“For this season, being a big impact and rotational player for this championship team on our run. Going forward, leaving no doubt that I’m an NBA player. Working on establishing myself as one of the top two-way wings in the league, making a whole lot of money and winning some championships.”

Nuggets Trade Bol Bol To Pistons, Sign Davon Reed To Two-Way Deal

JANUARY 10: The Nuggets have officially acquired McGruder and the Nets’ 2022 second-round pick in exchange for Bol, the team announced today in a press release. Denver also confirmed Reed’s two-way deal and Cornelie’s release in a separate announcement on Sunday.

JANUARY 9: The Pistons will be sending veteran shooting guard Rodney McGruder and a future second-round draft selection to the Nuggets in exchange for intriguing young power forward Bol Bol, reports Adrian Wojnarowski of ESPN.

The pick going to Denver in the deal will be a 2022 second-rounder that Detroit originally acquired from the Nets, per Woj and James Edwards III of The Athletic (Twitter link).

There is more personnel news out of Denver. The Nuggets will upgrade the contract of guard Davon Reed, currently signed to his third 10-day hardship exception contract, to a two-way deal, according to Mike Singer of the Denver Post. To make a two-way slot available for Reed, Denver will release current two-way player Petr Cornelie.

In 12 games with Denver, including two starts, Reed is averaging 4.4 PPG on a .457/.350/.800 shooting line, along with 3.0 RPG, 1.3 APG and 1.2 SPG.

Singer notes that Bol struggled to find a consistent position while with the Nuggets and thus toggled between spot minutes at small and power forward. Head coach Michael Malone and his coaching staff also apparently projected more upside out of big men Vlatko Cancar and Zeke Nnaji, who had moved ahead of Bol in the team’s rotation prior to Cancar’s recent foot fracture. Singer adds that the Nuggets plan to retain McGruder for the time being.

Omari Sankofa II of the Detroit Free Press opines that the addition of Bol will help a depleted Detroit squad up front, which Sankofa identifies as one of the 8-30 club’s key weaknesses. Woj writes in his piece that the addition of the 7’2″ forward will be an opportunity for the rebuilding Pistons to take a flyer on a young player with upside.

This season, Bol is averaging 2.4 PPG and 1.4 RPG in 5.8 MPG. Last season across eight games with the Windy City Bulls, the 22-year-old averaged 12.0 PPG, 5.8 RPG and 2.3 BPG. He recently had his best offensive game at the NBA level, scoring 11 points against the Rockets in 20 minutes on January 1.

ESPN’s Bobby Marks notes (Twitter link) that, by sending the expiring $2.15MM deal of Bol out in exchange for the $1.7MM expiring deal of McGruder, the Nuggets will carve out additional space below the NBA’s luxury tax. Denver is now $2.4MM under the tax line.

The 6’4″ McGruder has not made much of an impact during his time in Detroit. The 30-year-old re-signed with the Pistons on a veteran’s minimum deal this summer after spending the 2020/21 season in Detroit. This season, he is averaging just 2.5 PPG and 1.6 RPG in 9.5 MPG, across 17 of the club’s 38 contests.