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Jacob Gilyard

Contract Details: Samanic, Carey, Lakers, Cauley-Stein, More

April 11th, 2023 at 7:05am CST by Luke Adams

The Jazz used a portion of their mid-level exception to give Luka Samanic a rest-of-season salary of $432,795 on his new two-year deal, Hoops Rumors has learned. A minimum salary for 2022/23 for the final three days of the season would have paid Samanic just $32,795, so Utah took advantage of its flexibility with the MLE to give him significantly more than that.

In return, the Jazz will have Samanic under contract for a non-guaranteed minimum salary in 2023/24. His $2.07MM cap hit would become partially guaranteed for $400K if he isn’t waived on or before July 18. That partial guarantee would increase to $600K after October 23.

Vernon Carey Jr., the other player who signed with the Jazz during the season’s final weekend, also got a portion of the team’s mid-level exception, receiving $100K for the end of the 2022/23 season. Like Samanic, Carey has a non-guaranteed minimum salary for 2023/24 on his new deal. He doesn’t have any offseason guarantee dates, but would be assured of receiving his full ’23/24 salary (approximately $2MM) if he remains under contract through October 23.

We have a few more details on recently signed contracts:

  • Both Tristan Thompson and Shaquille Harrison signed minimum-salary contracts with the Lakers, but Thompson’s deal only covers the rest of this season, while Harrison’s includes a non-guaranteed salary for 2023/24.
  • The contract that Willie Cauley-Stein signed with the Rockets on the final day of the regular season was just a one-year deal, so he’ll be an unrestricted free agent again this summer.
  • Kobi Simmons received a two-year, minimum-salary deal with a non-guaranteed 2023/24 salary when he was promoted to the Hornets‘ standard roster from his two-way contract.
  • The two-way contracts recently signed by RaiQuan Gray (Nets), Dereon Seabron (Pelicans), Jacob Gilyard (Grizzlies), and Xavier Sneed (Hornets) all include a second year.
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Grizzlies Sign Matthew Hurt, Sean McDermott

October 10th, 2022 at 9:13am CST by Luke Adams

The Grizzlies have made some changes to the back end of their 20-man preseason roster, announcing today in a press release (via Twitter) that they’ve signed forward Matthew Hurt and swingman Sean McDermott. The team waived camp invitees Jacob Gilyard and Justin Bean to open up roster spots for the new additions.

The transactions are unlikely to have an impact on the Grizzlies’ projected regular season roster. Gilyard and Bean were in training camp on Exhibit 10 contracts and are safe bets to join the Memphis Hustle, the team’s G League affiliate. Hurt and McDermott will likely be waived before next Monday’s roster deadline and report to the Hustle as well.

Hurt, who signed an Exhibit 10 deal with the Grizzlies a year ago after going undrafted out of Duke, spent his first professional season with the Hustle, but a knee injury prevented him from appearing in any NBAGL regular season games.

McDermott, who went undrafted out of Butler in 2020, has spent the last two seasons in the Grizzlies’ organization. He was on a two-way contract as a rookie, then was an affiliate player with the Hustle in 2021/22. He has appeared in a total of 18 regular season games in the NBA and 17 in the G League.

The Grizzlies once again have a full 20-man preseason roster. They have 16 players on standard contracts (15 fully guaranteed, plus Danny Green with a partial guarantee), Hurt and McDermott presumably on Exhibit 10 deals, and Vince Williams and Kenneth Lofton Jr. on two-way pacts.

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Contract Details: Lakers, Galloway, DSJ, McCollum, More

September 30th, 2022 at 7:59am CST by Luke Adams

When the Lakers signed Matt Ryan and Dwayne Bacon to non-guaranteed training camp contracts earlier this month, both players received Exhibit 9 clauses in their new deals, but not Exhibit 10s, Hoops Rumors has learned.

Exhibit 9 contracts are non-guaranteed camp deals that don’t count against the cap during the preseason and offer teams some protection in the event of an injury. Exhibit 10s are similar, but also allow teams to convert the player to a two-way deal (if he’s eligible) or to give him a bonus worth up to $50K if he’s waived and then spends at least 60 days with the team’s G League affiliate.

As a general rule, a player who signs a training camp contract without an Exhibit 10 clause is usually just competing for a spot on his team’s 15-man regular season roster and won’t end up playing for the club’s G League affiliate if he doesn’t make the cut.

Langston Galloway (Pacers), Dennis Smith Jr. (Hornets), LiAngelo Ball (Hornets), Cody Zeller (Jazz), Timothe Luwawu-Cabarrot (Suns), and Wes Iwundu (Trail Blazers) are among the other recently signed free agents who signed Exhibit 9 – not Exhibit 10 – contracts.

Here are a few more contract details from around the NBA:

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Grizzlies Sign Justin Bean, Jacob Gilyard

September 23rd, 2022 at 6:51pm CST by Rory Maher

The Grizzlies have signed undrafted rookies Justin Bean and Jacob Gilyard, and their 20-man roster for training camp is now set, the team announced (via Twitter).

As a senior for Utah State last season, Bean averaged 17.4 PPG, 9.9 RPG, 2.6 APG and 1.6 SPG on .534/.465/.800 shooting in 34 games (35.4 MPG). For his efforts, he was named an All-Mount West Conference member for the third time in his college career, and earned a second berth on the MWC’s All-Defensive squad.

Gilyard spent his entire five-year college career at Richmond, averaging 13.3 PPG, 5.4 APG, 3.5 RPG, and 2.9 SPG on .395/.360/.860 shooting in 37 games (38.5 MPG) in 2021/22. He earned All-Atlantic 10 honors in four of his five college seasons, was named the A-10 Defensive Player of the Year in 2020, and became the all-time NCAA Division I leader in steals over the course of an impressive college career.

Bean, a 6’7″ forward, was reportedly joining the Clippers on an Exhibit 10 deal, but the transaction was never officially completed and now he’s joining Memphis. While the terms of Bean’s contract were not disclosed, it’s likely to be an Exhibit 10 contract. He played for the Clippers in Summer League, but struggled during his limited run, averaging just 2 PPG and 3.5 RPG in four games (12.2 MPG).

Gilyard, a 5’9″ point guard, was expected to join the Grizzlies on an Exhibit 10 contract, so that now move is now official. The 24-year-old suited up for the Warriors’ Summer League team at the California Classic earlier this month and then played for the Timberwolves in Las Vegas. He struggled with his shot, making just 5-of-18 field goal attempts (2-of-13 threes) across six games at the two events, but it appears the Grizzlies view him as a promising developmental project.

An Exhibit 10 deal is a one-year, minimum-salary contract that counts toward a team’s 20-man offseason roster limit, but doesn’t count against the cap unless the player makes the regular season roster. Although it’s not guaranteed, a player on an Exhibit 10 contract can earn a bonus of up to $50K if he’s waived and then joins his team’s G League affiliate — in this case, that would be the Memphis Hustle.

The Grizzlies are facing a regular season roster crunch because they have 15 players on fully guaranteed standard contracts, plus injured wing Danny Green with a nearly $7MM partial guarantee on his $10MM deal. Both of the team’s two-way slots are filled as well. As such, both Bean and Gilyard are likely to be waived and headed to the Hustle before the season starts.

The Grizzlies reportedly reached agreements with Keve Aluma and Dakota Mathias, but neither transaction was completed. It’s unclear if the players are still in Memphis’ plans, but if so, they’re likely headed to the Hustle as well if and when Gilyard and Bean are released.

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Jacob Gilyard Expected To Sign Exhibit 10 Deal With Grizzlies

July 27th, 2022 at 1:20pm CST by Luke Adams

Rookie free agent guard Jacob Gilyard is expected to sign an Exhibit 10 contract with the Grizzlies, agents Keith Glass and Luke Glass tell ESPN’s Bobby Marks (Twitter link).

Gilyard, who went undrafted last month, spent his entire five-year college career at Richmond, averaging 13.3 PPG, 5.4 APG, 3.5 RPG, and 2.9 SPG on .395/.360/.860 shooting in 37 games (38.5 MPG) in 2021/22.

Gilyard earned All-Atlantic 10 honors in four of his five college seasons, was named the A-10 Defensive Player of the Year in 2020, and became the all-time NCAA Division I leader in steals over the course of an impressive college career.

The 24-year-old suited up for the Warriors’ Summer League team at the California Classic earlier this month and then played for the Timberwolves in Las Vegas. He struggled with his shot, making just 5-of-18 field goal attempts (2-of-13 threes) across six games at the two events, but it appears the Grizzlies view him as a promising developmental project.

Memphis is facing a roster crunch and has already filled both its two-way contract slots, so Gilyard doesn’t have a clear path to a spot on the 17-man regular season roster. However, an Exhibit 10 deal would put him in line for a $50K bonus if he’s waived before the season and becomes an affiliate player for the Memphis Hustle, the Grizzlies’ G League affiliate.

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Summer League Commitments: Wolves, Warriors, Wizards, Magic

June 24th, 2022 at 5:11pm CST by JD Shaw

Kevon Harris has accepted a summer league invite from the Timberwolves, his agent Billy Davis of Family of Athletes told Hoops Rumors. Harris, a 6’6″ guard, averaged 14.9 points, 5.8 rebounds, 3.7 assists and 1.5 steals per game for the Raptors’ G League affiliate this season, shooting 49% from the floor and 39% from deep.

Harris went unselected in the 2020 NBA draft after spending four collegiate seasons at Stephen F. Austin. This will be the first summer league stint of his career. The event will be held from July 7-17 in Las Vegas, Nevada.

There’s more summer league news to report:

  • Richmond’s Jacob Gilyard has agreed to play summer league with the Warriors, a league source told Hoops Rumors. Gilyard, a 5’9″ point guard, averaged 13.3 points and 5.4 assists per game last season. He went undrafted on Thursday.
  • The Wizards are bringing guard Pat Spencer to their Las Vegas Summer League entry, agents Keith Glass and Luke Glass said. Spencer, 25, played for the team’s G League affiliate this season, averaging 7.5 points. Originally a lacrosse star at Loyola University Maryland, Spencer didn’t play organized basketball between 2016 and 2019. He left the school as the NCAA all-time leader in assists and second in points, then transitioned back to basketball.
  • Jared Wilson-Frame has committed to play with the Magic during summer league, agent Billy Davis told Hoops Rumors. Wilson-Frame averaged 16.4 points per game with the Jazz’s G League affiliate this season, shooting 41% from three-point range.
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Draft Workout Notes: Kings, Wizards, Wolves, Jazz, More

June 16th, 2022 at 4:19pm CST by Rory Maher

The Kings hosted several prospects for pre-draft workouts on Tuesday and Wednesday, the team announced (Twitter links).

The Tuesday group featured Trey McGowens, Ziga Samar, Ron Harper Jr., Brady Manek and Dallas Walton. Wednesday’s group was Jacob Gilyard, Fatts Russell, Yoan Makoundou, Karlo Matkovic, Yannick Nzosa and Kai Sotto.

The Kings control the fourth, 37th and 49th picks in the 2022 draft, and a handful of those players could be targets with one of those second-round picks. Nzosa, Samar, Harper and Matkovic are ranked between 53rd and 58th on ESPN’s big board.

Here are more workout-related notes from around the NBA:

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Northwest Notes: Gobert, Hunter, Jovic, Griffin, Maker

June 9th, 2022 at 8:09pm CST by Dana Gauruder

The Hawks have been identified in previous reports as a possible Rudy Gobert suitor, and multiple league sources have indicated the Jazz are interested in De’Andre Hunter, according to Matt Moore of ActionNetwork.com. Hunter is extension-eligible this offseason. However, according to Moore, the Hawks have tried to steer any teams inquiring on Hunter to players like Bogdan Bogdanovic and Kevin Huerter instead.

We have more from the Northwest Division:

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Northwest Notes: Forrest, Jazz Offseason, A-Rod, Wolves

May 13th, 2022 at 7:17pm CST by Rory Maher

Sarah Todd of The Deseret News wonders what’s next for Jazz guard Trent Forrest. The 23-year-old spent the past two seasons on a two-way deal with Utah after going undrafted out of Florida State, but his contract was converted to a standard deal on the last day of the regular season.

Although that technically made him eligible for the playoffs, Forrest was dealing with a left midfoot sprain, so the conversion was mostly ceremonial. The front office deferred to coach Quin Snyder‘s preference for the 15th roster spot, and Forrest was rewarded after earning the trust of Snyder, sources tell Todd.

As of last week, Forrest was still experiencing pain while rehabbing the injury and had yet to resume on-court work, but it’s not a long-term concern, Todd writes. Forrest will be a restricted free agent this summer if the team tenders him a qualifying offer worth just over $2MM.

Although he’s considered a strong defender, he knows he needs to work on his shot to have lasting success in the NBA.

“This summer is going to be a lot of the same thing,” Forrest said. “I don’t need much pick-and-roll or things like that. A lot of (my work) is just gonna be a lot of left hand finishing and working on my shot.”

Here’s more from the Northwest:

  • In a mailbag column about how the Jazz should approach their offseason, Tony Jones of The Athletic says he believes Utah should keep both Donovan Mitchell and Rudy Gobert and surround them with “bigger, longer, more athletic” players who are significantly better defensively. Juancho Hernangomez and Danuel House — two players who were on the verge of being out of the league — both made a big impact on the club due to their length, athleticism and competitive defense, and Jones thinks the Jazz need several more players in that mold. If he were part of the front office, he says he’d try to trade for a second-round pick in the draft and use the taxpayer mid-level exception (projected to be $6.4MM) to acquire players who meet that criteria. Utah does not own a pick at the moment.
  • After recent rumors that Timberwolves minority owner Alex Rodriguez might be interested in purchasing the Miami Marlins, his PR representative denied the claim. “Alex Rodriguez is 100 percent focused on owning the Minnesota Timberwolves and Minnesota Lynx. Any report of him having interest in also buying the Miami Marlins or any other MLB team is entirely false,” said Ron Berkowitz of Berk Communications (via Twitter). A-Rod and co-owner Marc Lore are set to become majority shareholders of the Wolves in 2023/24.
  • Darren Wolfson of 5 Eyewitness News reports that the Timberwolves worked out several draft prospects on Thursday and Friday, including UCLA’s Johnny Juzang, Maryland’s Fatts Russell, Alabama’s Keon Ellis, North Carolina’s Kerwin Walton, and Richmond’s Jacob Gilyard (all Twitter links here).
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Gilyard, Ado, Russell Withdrawing From NBA Draft

May 21st, 2020 at 11:31am CST by Luke Adams

Three early entrants have decided to pull their names out of the 2020 NBA draft poll and will return to school for one more year, according to reports from Jeff Goodman of Stadium and Jon Rothstein of CBS Sports.

Richmond guard Jacob Gilyard told Goodman (Twitter link) that he’ll withdraw from the draft, while Rothstein (Twitter links) hears that Mississippi State center Abdul Ado and Rhode Island guard Fatts Russell will do the same. All three players are coming off their junior years, so they’re now on track to become automatically draft-eligible in 2021.

Gilyard averaged 12.7 PPG, 5.7 APG, and an impressive 3.2 SPG for the Spiders in 31 games in 2019/20. Ado, who also appeared in 31 games, had a more modest stat line for the Bulldogs, recording 5.7 PPG, 6.7 RPG, and 1.9 BPG. Russell, meanwhile, led the Rams with 18.8 PPG while chipping in 4.6 APG, 3.4 RPG, and 2.9 SPG in 30 contests.

None of the three prospects held spots on ESPN’s top-100 list for the 2020 draft, so it doesn’t come as a major surprise that they’re holding off on going pro.

Our complete tracker of this year’s early entrants can be found right here.

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