Luke Kennard Rumors | Hoops Rumors

Grizzlies Trade Ziaire Williams, Second-Rounder To Nets For Diakite

July 19th, 2024 at 1:54pm CST by Rory Maher

1:54pm: The trade is now official, the Grizzlies announced in a press release (Twitter link).

12:25pm: The Grizzlies have agreed to a trade that will send Ziaire Williams and a 2030 second-round pick (via Dallas) to the Nets for Mamadi Diakite and the draft rights to Nemanja Dangubic, sources tell ESPN’s Adrian Wojnarowski.

It’s essentially a salary dump for Memphis, which had been looking to move Williams due to the team’s financial situation. The 22-year-old will earn $6.13MM in 2024/25, which is the final season of his rookie scale contract. The Grizzlies will generate a trade exception worth that amount.

After the transaction is complete, the Grizzlies project to be about $10MM below the luxury tax line and $14MM beneath the first apron, tweets ESPN’s Bobby Marks. The Nets will acquire Williams using one of their outstanding trade exceptions, Marks notes. It’ll likely be the one worth $9.5MM from sending Royce O’Neale to Phoenix in February.

According to Damichael Cole of The Memphis Commercial Appeal (Twitter link), the Grizzlies are likely to use their new cap flexibility to re-sign veteran sharpshooter Luke Kennard, who remains an unrestricted free agent. Wojnarowski confirms Memphis is working to bring back Kennard.

As for the rebuilding Nets, they’ll be taking a low-risk flyer on a former top prospect in Williams, who was selected 10th overall in the 2021 draft. And as a sweetener for taking on his salary, they’ll also add a future second-round pick.

Williams has averaged 7.5 points and 2.6 rebounds per game on .426/.301/.803 shooting over the past three seasons with Memphis (150 games; 20.4 minutes per contest). He’s eligible for a rookie scale extension until the day before the 2024/25 season begins; if no deal is reached, he’ll be eligible for restricted free agency in 2025.

Diakite, a forward/center who was sent from New York to Brooklyn in the Mikal Bridges trade and is now being re-routed to Memphis, could be waived. His salary for next season is only partially guaranteed for $1.39MM, and Cole recently reported that the Grizzlies want to keep an open roster spot entering the regular season; re-adding Kennard and retaining Diakite would push their standard roster count up to 15 players.

Diakite, 27, has bounced around the NBA over the course of his four seasons, suiting up for the Bucks, Thunder, Cavs, Spurs and Knicks. Overall, the Guinea native has appeared in 55 regular season games, with career averages of 3.1 points and 2.3 rebounds in 9.6 minutes.

Southwest Notes: Kennard, Pelicans, Murphy, Whitmore

July 18th, 2024 at 6:56pm CST by Luke Adams

Checking in on where things stand between the Grizzlies and Luke Kennard, Damichael Cole of The Memphis Commercial Appeal writes that the sharpshooter’s return to Memphis “still feels inevitable” even though it’s taking longer than expected.

The Grizzlies declined Kennard’s $14.8MM team option at the end of June, but the expectation has always been that he would return on a more team-friendly cap number. He hasn’t been linked to any other suitors since free agency began.

Sources tell Cole that the Grizzlies would like to keep their 15th roster spot for the sake of flexibility entering the regular season. Since the team currently has 14 players on guaranteed standard contracts, re-signing Kennard may mean trading someone else — Ziaire Williams is rumored to be on the block.

Here’s more from around the Southwest:

While head of basketball operations David Griffin said on an ESPN broadcast this week that the Pelicans are “really excited” about what they have at center and are looking forward to playing “small and fast,” it’s fair to wonder if one more move is coming to shore up the position, writes Christian Clark of NOLA.com. Veteran Daniel Theis currently sits atop New Orleans’ depth chart at the five, with rookies Yves Missi and Karlo Matkovic behind him and Jeremiah Robinson-Earl potentially in the mix as well.
Within the same story, Clark reports that the Pelicans and fourth-year wing Trey Murphy have opened discussions about a rookie scale extension. The two sides have “differing viewpoints” on Murphy’s value for now, but there’s optimism they’ll find a middle ground and make a deal before the October 21 deadline, Clark writes.
Rockets forward Cam Whitmore has been shut down for the rest of Summer League, but rookie guard Reed Sheppard will continue playing in Las Vegas, reports Kelly Iko of The Athletic (Twitter link). Last year’s Summer League MVP, Whitmore has struggled with his shooting efficiency this time around, making just 38.3% of his shot attempts, including 1-of-14 three-pointers, but Houston knows what he’s capable of offensively and he impressed in other areas (7.0 RPG, 4.3 APG, 3.3 SPG).

Scotto’s Latest: Jones, Kennard, Martin, Okogie, Knicks, Shamet, Klintman

July 12th, 2024 at 6:31pm CST by Tristan Tucker

The Clippers are showing interest in free agent guard Tyus Jones in sign-and-trade scenarios, Michael Scotto of HoopsHype reports in his latest around-the-league notebook.

While this is just speculation on Scotto’s part, the Clippers could look to use some combination of the expiring contracts of P.J. Tucker and Russell Westbrook or draft compensation and Bones Hyland in sign-and-trade scenarios for the Wizards guard.

Jones, our No. 15-ranked free agent, averaged 12.0 points and 7.3 assists per game last season while shooting 48.9% from the field and 41.4% from beyond the arc.

We have more from Scotto:

The leaguewide expectation is that Luke Kennard will return to the Grizzlies after the organization declined his team option before free agency, Scotto writes. Kennard averaged 11.0 PPG on 45.0% shooting from deep last season.
As we noted earlier Friday, it’s likely the Sixers look to use newly signed KJ Martin‘s contract as a trade chip when he becomes eligible to be moved on Jan. 15. The Sixers could trade for a player making $14MM if they packaged Martin alongside three minimum-salary players in a trade.
The Suns gave Josh Okogie a similar deal to what Martin got and could also look to utilize his salary as a trade chip, Scotto reports. However, unlike Martin, Okogie’s deal can’t be aggregated with other players on Phoenix’s roster due to the team’s position relative to the second tax apron.
The Knicks are trying to add both size and shooting to their roster this offseason, Scotto writes. Davis Bertans has previously been mentioned as an option for the Knicks, and they’re also expressing interest in free agent guard Landry Shamet. As reported, New York has shown interest in Walker Kessler but Utah’s asking price remains high. Meanwhile, Precious Achiuwa remains open to a return to New York.
Outside of the Knicks, Scotto reports that Shamet has drawn “exploratory interest” from the Bucks, Heat and Timberwolves. A return to the Wizards isn’t out of the question either.
The Pistons are attempting to finalize a contract with their No. 37 overall pick Bobi Klintman. Klintman is expected to end up on the 15-man roster on a multiyear contract, according to Scotto. The Pistons were intrigued by his size and shooting ability and are hoping to have him on a standard deal.

FA Rumors: KCP, Harden, Kennard, Hartenstein, Jones, Highsmith, More

June 30th, 2024 at 2:59pm CST by Luke Adams

After Jake Fischer of Yahoo Sports reported earlier today that the Nuggets are preparing to lose Kentavious Caldwell-Pope, Michael Scotto of HoopsHype confirms there’s a growing belief around the league the veteran wing won’t remain in Denver.

The Magic have “significant” interest in Caldwell-Pope and there has been growing buzz about the possibility of Orlando aggressively pursuing him, Scotto says, adding that the Magic’s interest in Klay Thompson has cooled by comparison. Multiple executives who spoke to HoopsHype believe Caldwell-Pope will sign for $20-25MM per year.

The Sixers, who have also frequently been cited as a Caldwell-Pope suitor, have been exploring the feasibility of landing both KCP and Paul George using their cap room, tweets Marc Stein.

Here are several more rumors with the official start of free agency just a couple hours away:

While James Harden has been mentioned as a possible mid-level ($12.9MM) target for the Lakers, the expectation is that the Clippers will be willing to pay him approximately double that amount, Scotto writes, echoing a comment made by Adrian Wojnarowski on ESPN (YouTube link).
Rival executives aren’t expecting Luke Kennard to be truly available as an unrestricted free agent, according to Fischer, who says Kennard and the Grizzlies seem to be interested in continuing their relationship after the team turned down its option the sharpshooter on Saturday.
New Pistons head of basketball operations Trajan Langdon is known to be a fan of center Isaiah Hartenstein, so Detroit is considered a candidate to make a play for the Knicks big man, Fischer reports. A return to the Knicks still hasn’t been entirely ruled out for Hartenstein, though the Thunder continue to be viewed as a probable suitor as well, Fischer notes.
With point guard Tyus Jones seeking starter-level money as a free agent this offseason and the Wizards still in the early stages of their rebuilding project, there’s a growing sense that Washington will be open to moving Jones via sign-and-trade, per Scotto.
Free agent wing Haywood Highsmith is expected to draw interest from a mix of cap-room teams such as the Pistons, Hornets, Jazz, Spurs, and Sixers, as well as over-the-cap clubs like the Pacers, Kings, and Warriors, league sources tell Scotto, who suggests the 27-year-old could end up with a deal in the range of the full mid-level.
The Lakers are expected to have interest in re-signing both Taurean Prince and Spencer Dinwiddie, with Dinwiddie also likely to draw interest from the Mavericks, Scotto writes. NBA executives who spoke to HoopsHype projected Prince to potentially land a contract in the range of $5MM+ annually over two years.

Grizzlies Decline Luke Kennard’s 2024/25 Team Option

June 29th, 2024 at 4:15pm CST by Luke Adams

The Grizzlies did not exercise Luke Kennard‘s $14.8MM team option for 2024/25 prior to Saturday’s deadline, reports Adrian Wojnarowski of ESPN (Twitter link).

While the move will make Kennard an unrestricted free agent, the two sides are “eager” to discuss a new, restructured deal, according to Wojnarowski.

Kennard was limited to just 39 games (22 starts) this past season for health reasons, including a left knee bone bruise, but was effective when he was available, with averages of 11.0 points, 3.5 assists, and 2.9 rebounds in 25.6 minutes per game.

One of the NBA’s best three-point shooters, the 28-year-old wing has made at least 44.6% of his attempts from beyond the arc in each of the past four seasons, including 45.0% in 2023/24.

A $14.8MM salary isn’t unreasonable for a shooter of that caliber, but the Grizzlies would have been above the first tax apron if they had exercised Kennard’s option. As Bobby Marks of ESPN tweets, team salary is now $8MM below the luxury tax line and $11.5MM below the first apron.

The Grizzlies value Kennard and what he brings to the rotation, according to Damichael Cole of The Memphis Commercial Appeal (Twitter link), so a new deal is possible. However, as Cole notes, the veteran sharpshooter figures to draw interest on the open market.

Southwest Notes: Ingram, Cash, Rockets, Sheppard, Kennard, Clarke

June 27th, 2024 at 6:38am CST by Luke Adams

With trade rumors swirling around forward Brandon Ingram, Pelicans head of basketball operations David Griffin spoke to reporters on Wednesday night about where things stand with the former All-Star, as Christian Clark of NOLA.com relays (via Twitter). Griffin didn’t explicitly say Ingram wouldn’t be traded this offseason, but suggested the situation is a complicated one.

“Brandon wants to stay here,” Griffin said. “He believes in what we are building. That is meaningful to us. That’s meaningful to him. That’s meaningful to his agent. At the same time, there is a financial reality that we all deal with. I think we’re excited about Brandon. We know he’s excited about us. Usually, those things yield good results one way or the other.”

Reports have indicated that the Pelicans are unwilling to put a maximum-salary contract extension on the table for Ingram this offseason as he enters the final year of his current contract, making him a logical candidate to be on the move in a deal that upgrades another area of New Orleans’ roster.

Here’s more from around the Southwest:

On the heels of losing a handful of front office executives this offseason, the Pelicans are promoting former WNBA star Swin Cash to senior vice president of basketball operations, reports Shams Charania of The Athletic (Twitter link). Cash, who has been in New Orleans’ basketball operations department since 2019, is one of the highest-ranking women by title in any NBA front office, Charania notes.
Speaking to reporters after the first round of the draft on Wednesday, Rockets general manager Rafael Stone said Houston considered Kentucky’s Reed Sheppard to be the top prospect in this draft and would have likely tried to trade out of No. 3 if he hadn’t been on the board (Twitter link via Jonathan Feigen of The Houston Chronicle).
With the deadline to exercise Luke Kennard‘s $14.8MM team option now just two days away, GM Zach Kleiman said the Grizzlies “still feel very strongly about Luke as someone who’s a great fit as part of this group,” writes Jonah Dylan of The Memphis Commercial Appeal. While Kennard is one of the NBA’s best shooters, Memphis has potential luxury tax concerns to consider as it weighs the decision on his 2024/25 option. One recent report indicated he might be a trade candidate if the option is exercised.
Grizzlies forward Brandon Clarke hopes to get a chance to represent his home country in international competition at some point, but it won’t happen this summer. Clarke, who missed most of the 2023/24 season while recovering from an Achilles tear, explained on Tuesday why he wasn’t on the preliminary Olympic roster recently released by Team Canada. “It’s tough for me,” he said, according to Dylan. “I have to work on my rehab still. I’m still really working on my calf rehab, I didn’t get to have the summer that I wanted the past couple summers. There might be a time where I can play in the future, but as of right now my time is best spent doing my own thing and getting ready for the season.”

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).

Fischer’s Latest: Bridges, Bulls, Kings, Magic, Smart, More

June 21st, 2024 at 4:32pm CST by Rory Maher

Free agent forward Miles Bridges‘ could receive $30MM+ annually on his next contract, league sources tell Jake Fischer of Yahoo Sports. However, it remains to be seen if that money will come from the Hornets or another team.

According to Fischer, Charlotte is “believed to be open” to sign-and-trade concepts involving Bridges if the right opportunity arises. Sources tell Fischer the Nets discussed a Bridges trade concept with Charlotte in February that would have sent Ben Simmons to Charlotte. The Kings also inquired about Bridges ahead of the deadline, per Fischer.

As Fischer writes, the Hornets are viewed as a “salary-dumping ground” this summer as their new front office and head coach spearhead a rebuild. The same is true of the Pistons, who are looking for a new coach after dismissing Monty Williams.

Bridges’ market value has been difficult to gauge due to his off-court history, which includes multiple domestic violence allegations. One of those cases was dropped, but the other caused him to miss the entire 2022/23 season after he pleaded no contest (accepting punishment without formally admitting guilt).

Here’s more from Fischer:

Confirming previous reporting, Fischer hears the Bulls remain active in trade talks around the league. The Thunder, Raptors and Hornets are among the teams with interest in restricted free agent Patrick Williams, Fischer writes.
The Kings appear to be the most likely suitor right now for Zach LaVine, according to Fischer, who adds that Sacramento has continued shopping Harrison Barnes and Kevin Huerter in trade talks. Huerter, in particular, has drawn a “healthy amount external interest.” Still, the Bulls haven’t gained serious traction on a potential LaVine deal in several months despite being active in negotiations, sources tell Fischer. The Kings are also contemplating moving the No. 13 pick in next week’s draft, Fischer adds.
In previous trade windows, the Bulls pushed for unprotected picks when discussing Alex Caruso, sources tell Fischer. One scenario saw the Bulls push for four first-rounders, though presumably that total would have included protected picks. Chicago officially traded Caruso to Oklahoma City on Friday for Josh Giddey.
Fischer confirms LaVine is a “backup option” for the Sixers and their significant cap room. Fischer also suggests (via Twitter) the 76ers shouldn’t be ruled out as a landing spot for Paul George, despite a report from Shams Charania of The Athletic stating that their interest in George has waned as of late.
Fischer says the Magic are looking for a veteran wing who can space the floor, naming Kentavious Caldwell-Pope as perhaps their top target. If they lose Williams, the Bulls could have interest in Caldwell-Pope, with the Sixers another potential landing spot depending on how things work out with other targets. There are scenarios in which Orlando would exercise its $11MM team option on Joe Ingles as well, sources tell Fischer. Fischer previously touched on Klay Thompson‘s fit with the Magic.
The Grizzlies, who control the No. 9 pick, are known to be looking for big men, with UConn’s Donovan Clingan one draft target in a move-up scenario. However, Fischer hears from sources who say Memphis is also open to moving back in the draft. The Grizzlies are unwilling to move Marcus Smart, but Luke Kennard has drawn “strong interest” in trade talks, according to Fischer — the team holds a $14.7MM option on Kennard for 2024/25.

Western Notes: George, Holmgren, Ingram, Kennard

April 21st, 2024 at 7:13pm CST by Dana Gauruder

Keyonte George became a big part of opponents’ game plans as the season wore on, and Jazz CEO Danny Ainge feels the young guard will benefit from that experience, Eric Walden of the Salt Lake Tribune relays.

“He had some ups and downs, and I kind of liked that he had those ups and downs,” Ainge said. “I kind of liked the fact that the scouting report — the most important person to stop on our entire team many nights the second half of the year was him. So the best defender was guarding him, the team defensive schemes were to stop him, and so he had to face some of that.”

Ainge believes George made bigger strides than another of the Jazz’s rookies this season, Taylor Hendricks.

“He’s just a little further behind than Keyonte,” Ainge said of Hendricks. “His shooting was getting better and better. He’s working a lot on his shooting. His arc of his shots has been a little bit flat. But he shot a pretty good percentage. That’s a big step for him, but he’s got to get a lot better defensively.”

We have more from the Western Conference:

The Thunder rolled into the playoffs as a No. 1 seed despite being one of the league’s youngest teams. Center Chet Holmgren, the likely runner-up in the Rookie of the Year, said his team must take an even-keeled approach to the postseason. “The playoffs are a time of huge swings,” Holmgren told Darnell Marberry of The Athletic. “And you can’t let the swing of things allow your emotions to run wild in one direction or the other, good or bad. If you win one game, the series isn’t over. If you lose one game, the series isn’t over. So it doesn’t matter what fashion you lose or win with. A buzzer-beater, a blowout, it doesn’t matter. You’ve got to get ready for the next game because no team’s going to roll over and give you anything.”
With Zion Williamson sidelined by a hamstring injury, the Pelicans will need big performances from Brandon Ingram to get out of the first round, Rod Walker of the New Orleans Times Picayune opines in a subscriber-only story. Ingram had 24 points, six rebounds and six assists in New Orleans win over Sacramento on Friday. “He is a leader for us and we follow his lead,” forward Larry Nance Jr. said. “Every single game, I tell him to be the best player on the court and (Friday) I believe he was the best player on the court.”
The Grizzlies have a $14.8MM option on Luke Kennard‘s contract for next season and Keith Smith of Spotrac believes they’ll pick it up, even though it would push them closer to the second tax apron. Smith, previewing the Grizzlies’ offseason, notes that Kennard is a solid backup wing due to his shooting ability and play-making.

Grizzlies Notes: Morant, Rose, Draft Pick, Kennard, More

April 15th, 2024 at 4:01pm CST by Luke Adams

Although the Grizzlies dealt with a ton of injuries this season, particularly down the stretch, there aren’t many long-term concerns among that group of injured players, according to head of basketball operations Zach Kleiman, who told reporters today that Ja Morant (right shoulder surgery) is the only one expected to have more than a month of recovery time, per Damichael Cole of The Memphis Commercial Appeal.

“I would say he is expected to be fully cleared for basketball activities maybe halfway through the offseason,” Kleiman said of Morant, who is expected to be in Memphis rehabbing for most of the summer. “… He’s been very diligent with his work. He’s been around the team pouring into that everyday.”

Another Grizzlies point guard who missed much of the 2023/24 season for health reasons, Derrick Rose said on Monday that he has no plans to retire and expects to be back in Memphis next season, according to Cole. Rose is under contract for a guaranteed salary worth approximately $3.4MM.

“Yes, I’m coming back,” Rose said. “I talked to Zach, I talked to coach (Taylor Jenkins). … This summer, it’s all about attacking my rehabs, my workouts and continuing to be disciplined.”

The Grizzlies signed Rose and traded for Marcus Smart last summer, envisioning the veteran guards serving as mentors and veteran leaders for Morant during and following his 25-game suspension. However, Rose appeared in just 24 games, Smart played in 20, and Morant suited up for only nine.

Here’s more out of Memphis:

While the Grizzlies used Jaren Jackson Jr. at the five frequently this season and will likely continue to do so, Kleiman wasn’t coy about the fact that Memphis intends to add at least one center to its roster this offseason, according to Cole. “I envision we’ll add at least one big,” he said. “Whether that’s a starting big or a rotation big, I think we have some work to do on the roster there. … We’re not trying to hide the ball on that.” The Grizzlies traded away centers Steven Adams and Xavier Tillman at February’s deadline.
Memphis projects to have a top-10 pick in this year’s draft, but hasn’t decided yet whether it will keep or trade that first-rounder, Cole writes. “I think we’re going to be open-minded on what we can do with that pick,” Kleiman said. Obviously, no decisions will be made until sometime after May’s lottery, since the team’s plans for a No. 1 or No. 8 overall pick could look very different.
Kleiman was noncommittal on the Grizzlies’ plans for Luke Kennard, whose contract includes a 2024/25 team option worth about $14.8MM. “Luke is someone we continue to feel strongly about,” Kleiman said. “Someone who is important for this team and this NBA. We have decisions that we have to make on him coming up.”
As Cole relays, Kleiman lauded second-year shooting guard Vince Williams for what he provided the Grizzlies this season and said Williams will be an important part of the club’s plans going forward: “He is someone that we have confidence in to play a significant role. He can play different kinds of roles, but it will be significant next season.”