Mikal Bridges

Nets, Knicks Officially Complete Mikal Bridges Trade

The Knicks have officially acquired star forward Mikal Bridges from the Nets, the teams announced today in a pair of press releases.

“We are thrilled to add a player of Mikal’s caliber to the Knicks family. His ability to score, shoot and defend at an elite level will add to a team that continues to grow,” Knicks president Leon Rose said in a statement. “Not only does he demonstrate excellence on the court but Mikal’s strength of character, diligence and dedication to the game of basketball are vital to the culture we continue to build in New York.”

The two clubs reached an initial agreement on June 25, then finalized an expanded version of the deal on Thursday to allow the Knicks to avoid becoming hard-capped at the first tax apron ($178.1MM). New York will instead be hard-capped at the second apron ($188.9MM).

The final terms are as follows:

  • Knicks acquire Bridges, Keita Bates-Diop, the draft rights to Juan Pablo Vaulet, and either the Pistons’, Bucks’, or Magic’s 2026 second-round pick (whichever is least favorable).
  • Nets acquire Bojan Bogdanovic, Shake Milton (sign-and-trade), Mamadi Diakite, the Knicks’ 2025 first-round pick, the Bucks’ 2025 first-round pick (top-four protected), the Knicks’ 2027 first-round pick, the Knicks’ 2029 first-round pick, the Knicks’ 2031 first-round pick, the right to swap a 2028 first-round pick for the Knicks’ 2028 first-round pick, and the Nets’ 2025 second-round pick.

The addition of Vaulet’s rights is new, and we now have the details on the draft pick headed to New York in the deal, but otherwise these are the terms that had been previously reported.

Milton’s new three-year contract is worth $9.16MM in total, with a $2.86MM guaranteed salary in year one, tweets Fred Katz of The Athletic. Brooklyn will be hard-capped at the first apron in 2024/25 as a result of acquiring him via sign-and-trade.

The Nets almost certainly used existing traded player exceptions to take on their incoming players, which means they’ll generate a sizable new TPE worth Bridges’ outgoing salary ($23.3MM). They’ll have one year to use it.

For more details on one of the summer’s biggest trades, be sure to check out our original stories on the agreement.

Nets Notes: Johnson, Finney-Smith, Sharpe, Claxton, Bridges

Mikal Bridges was the first player the Nets agreed to trade this offseason, but he seems unlikely to be the last. According to Michael Scotto of HoopsHype, Cameron Johnson, Dorian Finney-Smith, Dennis Schröder, Ben Simmons, Day’Ron Sharpe, and newcomer Bojan Bogdanovic are among the potential trade candidates to keep an eye on Brooklyn going forward.

Johnson, in particular, could appeal to teams in the market for shooting help, Scotto notes. The former Sun has made 39.2% of his career-three point attempts and is under contract for three more seasons on a deal that declines to $22.5MM in 2024/25 and to $20.5MM in ’25/26 before returning to $22.5MM in ’26/27.

Here’s more on the Nets:

  • The package Brooklyn is receiving for Bridges doesn’t include any 2024 draft picks, but the Nets still believe they’ll be able to move into the 20s on Wednesday night if there’s a specific player they like in the range, according to Scotto, who points to Finney-Smith as a player who may be dangled in that scenario.
  • Sharpe has drawn trade interest from teams around the league beyond just the Grizzlies. Executives who spoke to Scotto believe Brooklyn could demand multiple second-round picks in exchange for the young big man, who is entering the final year of his rookie scale contract.
  • The Nets’ desire to re-sign free agent center Nic Claxton doesn’t appear to have diminished, according to Scotto, who hears from sources that the team wants to hang onto the big man going forward. The Pelicans – who were among the teams pursuing Bridges, sources tell HoopsHype – have “several admirers” of Claxton in their front office and are one of the clubs curious to see if he might become available via sign-and-trade, Scotto adds.
  • While there were conflicting reports on Tuesday about whether Bridges explicitly requested a trade to the Knicks, Brian Lewis of The New York Post hears that the forward at least “quietly angled” to get to Brooklyn’s cross-town rivals. The deal – along with the Nets’ trade to regain control of their 2025 and 2026 first-round picks – has “turbocharged” the organization’s rebuild, Lewis writes.

Knicks To Acquire Mikal Bridges From Nets For Bogdanovic, Multiple First-Rounders

The Nets have agreed in principle to trade forward Mikal Bridges to the Knicks for Bojan Bogdanovic, four unprotected first-round picks, a protected first-round pick via the Bucks, an unprotected pick swap, and a second-rounder, ESPN’s Adrian Wojnarowski reports.

It’s a stunning development for both New York clubs, who haven’t made a trade with one another since 1983, as Fred Katz of The Athletic tweets.

The Knicks’ draft capital heading to Brooklyn will be their 2025, 2027, 2029 and 2031 first-rounders. The pick that the Bucks owed the Knicks was their 2025 first-rounder (top-four protected). The unprotected pick swap will come in 2028, while the second-rounder will be in 2025 (Brooklyn’s own). The Knicks will receive a 2026 second-round pick along with Bridges, according to Wojnarowski (Twitter link).

It’s a huge haul for the Nets, who acquired Bridges from the Suns in the 2023 Kevin Durant blockbuster. Bridges appeared in all 82 games this past season, averaging 19.6 points, 4.5 rebounds and 3.6 assists per contest.

Bridges made a trade request to be dealt to the Knicks, Ian Begley of SNY TV tweets. The forward is entering the third season of a four-year, $90MM contract and wanted to rejoin former Villanova teammates Jalen Brunson, Donte DiVincenzo and Josh Hart. He was prepared to tell any other teams looking to trade for him that he’d eventually sign with the Knicks as a free agent, Begley adds (via Twitter).

The Grizzlies and Jazz were among the other suitors who were prepared to offer “significant draft packages” for Bridges, sources tell Wojnarowski. The Rockets also had interest in Bridges, according to Jake Fischer of Yahoo Sports, who disputes Begley’s claim that the 27-year-old requested a trade but confirms he was interested in joining the Knicks.

Bridges will take some of the scoring load off of Brunson and Julius Randle while providing New York head coach Tom Thibodeau with another versatile piece on defense. The former Sun and Net will be eligible to sign a two-year extension as of October 1, or a longer deal next offseason.

Bridges is due to make $23.3MM next season. Bodganovic, who has a $19MM expiring contract for next season, looks more like a salary-matching piece than a player Brooklyn is specifically targeting, so he may not be a Net for long.

While only $2MM of Bogdanovic’s salary for 2024/25 is currently guaranteed, that partial guarantee will have to be increased to at least $14.2MM to make this trade work. That means he could end up be dealt again, as his larger partial guarantee makes him less likely to be waived, cap expert Yossi Gozlan notes (Twitter link). Bogdanovic is projected to return in October from the foot and wrist surgeries he required this spring, sources tell Fischer.

The Knicks will apparently still look to re-sign OG Anunoby, who has decided to opt out of his contract and become an unrestricted free agent, Wojnarowski tweets. However, New York is preparing to lose Isaiah Hartenstein in free agency, according to Begley (Twitter link). Hartenstein is expected to be a top target for several teams in free agency, and the Knicks — who only hold his Early Bird rights — can offer a max of four years and approximately $72.5MM.

Assuming the trade is completed as reported, without additional players added, the Knicks will be hard-capped at the first tax apron (projected to come in around $178.7MM) for the 2024/25 league year, since they’ll be taking back more salary than they send out. That will put a limit on New York’s spending power to fill out the roster, though the team should still have enough wiggle room to make a strong offer to Anunoby.

The Nets, meanwhile, are in position to create a new traded player exception worth $21.7MM if they take Bogdanovic into their previously created $20MM+ exception, Gozlan observes (via Twitter). If they go that route, they’d be hard-capped at the first apron in ’24/25 as well, since they’d be using a trade exception created prior to this offseason.

The Nets have also worked out a separate deal with the Rockets involving draft picks, according to Wojnarowski.

In that agreed-to trade with Houston, Nets are trading a 2025 Suns pick swap, a 2027 Suns first-rounder, and a first-rounder and swap in 2029 in exchange for their own 2025 pick swap and 2026 first-rounder from the James Harden trade, The Athletic’s Shams Charania tweets.

The Rockets’ motivation is to use the draft capital to help acquire an impact player. While the Rockets are intrigued about pursuing a Kevin Durant deal, Phoenix is inclined to run it back with its core group. Thus, the Rockets are now determined to use the Suns picks to be aggressive on deals elsewhere, Wojnarowski tweets.


Luke Adams contributed to this post.

Fischer’s Latest: Redick, Lakers, Valanciunas, Knicks, Jazz, Rockets, Bridges

J.J. Redick was just introduced as the Lakers head coach in a formal press conference on Monday, but he has already talked to members of the current roster about how he plans to maximize their personnel offensively, Jake Fischer of Yahoo Sports reports.

Redick is going to put a premium on positional versatility, three-point shooting, and play-making, and has discussed specific roles with the players. He’ll also utilize lineups that can optimize LeBron James — his former podcast partner — off the ball.

League insiders continue to push the notion that the Lakers will look to upgrade the center position so that Anthony Davis can spend more time at power forward, Fischer writes. Baylor freshman Yves Missi and Indiana sophomore Ke’lel Ware are two possibilities they’ll look at with the No. 17 pick. However, they might be willing to move down the first round.

The Knicks and Jazz are each willing to trade their latter first-round pick and second-round draft capital to move up into the teens of this draft, Fischer hears. Utah owns the No. 29 and 32 picks and the Lakers might consider drafting Bronny James at one of those spots, rather than hoping LeBron’s son is still available with their second-rounder at No. 55.

Here’s more intel from Fischer:

  • Pelicans center Jonas Valanciunas could be a free agent target for the Lakers if they decide to get veteran help at that spot. Hawks guard Dejounte Murray and Trail Blazers forward Jerami Grant remain potential trade targets.
  • As previously reported, the Rockets are expected to pick up their $7.56MM option on Jae’Sean Tate and guarantee the salaries of Jeff Green and Jock Landale at $8MM apiece. That doesn’t mean they will remain on the roster. Houston could use those contracts as trade pieces. The Rockets are open for business on the No. 3 overall pick as they’re looking for win-now upgrades.
  • Numerous teams continue to check on the availability of Nets forward Mikal Bridges, including the Rockets, Knicks and Jazz. Utah could be well-positioned to make a significant move. It can dangle some significant contracts — John Collins ($26.5MM) and Jordan Clarkson ($14MM) — along with its 2024 draft capital (No. 10, 29,  32) and future picks from the Rudy Gobert and Donovan Mitchell trades. The Jazz also have substantial cap room to absorb salary.
  • Along with the Knicks and Jazz, the Suns, Timberwolves and Celtics are among the teams with late first-rounders entertaining trade possibilities that could move them up or down in the draft.

Atlantic Notes: Carter, Payne, Nets, O’Connell

In a wide open draft, the Sixers will have an intriguing choice to make with their No. 16 first round draft pick. Kyle Neubeck of PHLY Sports makes the case for Providence point guard Devin Carter, one of the elite defenders in the NCAA during 2023/24.

A junior last season, he averaged 19.7 points on a .473/.377/.749 shooting line, along with 8.7 rebounds and 3.6 assists per game. Philadelphia could use a major influx of athleticism next season, and Neubeck contends that, given Carter’s experience, he should be able to earn rotation minutes right away.

There’s more out of the Atlantic Division:

  • Sixers reserve point guard Cameron Payne was arrested in Arizona after he made a false report and would not identify himself, reports Zach Buchanan of The Phoenix New Times. Both offenses are misdemeanors. Splitting his time between Milwaukee and Philadelphia last season (he was flipped for veteran Patrick Beverley midway through the year), Payne averaged a cumulative 7.4 points per game on .432/.390/.866 shooting, plus 2.5 assists, 1.5 rebounds and 0.5 steals.
  • The Nets face a fascinating offseason this summer, and will have some big decisions to make about two key starters, states longtime basketball insider Yossi Gozlan (YouTube video link). Center Nic Claxton is an unrestricted free agent, and is looking for a major raise coming off a two-year, $17.3MM deal with Brooklyn. In October, star forward Mikal Bridges will become eligible to ink a three-season, $113MM contract extension with the club. Gozlan notes that Brooklyn could make a move to trade for a star player now, or could explore a more thorough rebuild.
  • During a recent Knicks free agent minicamp, former Duke shooting guard Alex O’Connell led about 20 players in scoring, reports Ian Begley of SNY.tv (via Twitter). New York possesses the G League rights to O’Connell, who spent the 2023/24 season playing for Italian club Reyer Venezia.

Knicks Notes: George, Mitchell, Anunoby, Hartenstein

Paul George would be an “ideal fit” for the Knicks, but it won’t be easy to acquire him if he fails to reach a long-term deal with the Clippers, writes Fred Katz of The Athletic. The 34-year-old forward has a $48.8MM player option for next season that must be picked up by June 29. He’s eligible for a four-year, $221MM extension with Los Angeles, but negotiations have been at an impasse.

George’s three-point shooting, pick-and-roll skills and constant movement would help him blend seamlessly with the rest of New York’s roster, according to Katz, who adds that George and OG Anunoby would become the best pair of perimeter defenders in the league. Katz points out that George has a history of playing alongside other stars and he’s a client of CAA, which was formerly run by Knicks president Leon Rose.

New York won’t have cap space to sign George if he opts out, and the Clippers wouldn’t be permitted to sign and trade him because they’re above the second apron. The Knicks would need George to opt in to make a deal possible, and Katz is skeptical that L.A. would be in a hurry to move him if he’s under contract for another season.

Sources tell Katz that the Knicks have considered George in the past, but they’ve never made a serious offer to acquire him. That could change if he and the Clippers agree that picking up the option and being traded this summer is the best course of action.

There’s more from New York:

  • Sources also tell Katz that the Knicks’ desire to add Donovan Mitchell isn’t nearly as strong as it was two years ago. There has been speculation that the Cavaliers guard could be available again if he doesn’t agree to an extension this summer. New York made an offer to Utah for Mitchell in 2022, but Katz notes that Jalen Brunson‘s emergence into a star has diminished the need for another scoring guard. Katz also examines Mikal Bridges, Karl-Anthony Towns, Dejounte Murray and DeMar DeRozan as potential additions. Katz cites sources who say that the Nets have been offered multiple first-round picks for Bridges, but they continue to view him as part of the foundation and hope to eventually pair him with another star.
  • After their playoff run ended, members of the Knicks organization expressed confidence about their chances of re-signing both Anunoby and Isaiah Hartenstein, per Ian Begley of SNY. Begley adds that the team expects competition for both players and could be outbid for Hartenstein because league rules limit their offer to about $16MM for next season and $72.5MM over four years.
  • In a subscriber-only piece, Stefan Bondy of The New York Post examines Rose’s draft history to see if it offers any clues about what the Knicks might do with picks No. 24 and 25 this year.

Draft Rumors: Grizzlies, Rockets, Bridges, Hawks, Carter, Furphy, Nunez

The Grizzlies are exploring the possibility of trading up in the 2024 NBA draft and have talked to the Rockets about the No. 3 pick, league sources tell Kevin O’Connor of The Ringer. In O’Connor’s view, if Memphis or another team makes a trade with Houston for that third overall pick, UConn center Donovan Clingan is the likeliest target.

The Rockets, according to O’Connor, are holding out hope that the Nets would be open to moving Mikal Bridges for a package that includes that No. 3 pick, but Brooklyn’s preference is to retain Bridges and add pieces around him.

If Houston ultimately stays put at No. 3, O’Connor believes that either Clingan or Reed Sheppard is the best bet to come off the board in that spot.

Here are a few more draft-related notes and rumors:

  • While none of the top prospects in this year’s class have visited the Hawks yet, there’s an expectation that will change as the draft nears, writes O’Connor. Zaccharie Risacher told reporters today that he’ll travel to the U.S. soon to visit NBA teams, according to John Hollinger of The Athletic (Twitter link), who speculates that Atlanta could be the first stop for the French forward.
  • O’Connor’s sources say that Providence guard Devin Carter, the No. 13 player on ESPN’s big board, has received a promise somewhere in the lottery. However, O’Connor isn’t sure which team may have made that promise — he has Carter going to Chicago at No. 11 in his latest mock draft.
  • O’Connor refers to Kansas’ Johnny Furphy as one of the “biggest risers of the pre-draft process.” Furphy is up to No. 18 on ESPN’s big board, though O’Connor has him at No. 24 in his mock draft.
  • Spanish point guard Juan Nunez, who declared for the draft as an early entrant, remains undecided on whether or not he’ll withdraw before the NBA’s June 16 deadline, but says he’s leaning toward staying in, tweets Jonathan Givony of ESPN. The No. 37 prospect on ESPN’s board, Nunez added that he has worked out for the Timberwolves and Bucks so far.

Rockets Rumors: No. 3 Pick, Mitchell, Tate, Green, Landale, Beasley

Prior to the draft lottery, a report indicated that the Rockets were interested in trading their 2024 first-rounder for future draft assets. That’s still a possibility, but after moving up from No. 9 to No. 3 on lottery day, Houston has a more valuable asset on its hands and will consider all potential paths with that pick, writes Kelly Iko of The Athletic.

Team and league sources tell Iko that a handful of clubs have already expressed interest in the Rockets’ No. 3 overall selection, either in a trade-up scenario or by trading into the first round altogether. Houston is open to the idea of moving back and acquiring extra assets, Iko notes, though at the draft combine, the club was doing its homework on potential top-five picks. Team officials spoke to prospects like Donovan Clingan, Stephon Castle, Reed Sheppard, and Matas Buzelis, according to Iko, who hears from a source that Buzelis’ interview, in particular, was “excellent.”

Including that No. 3 pick in a trade package for an impact player is another avenue the Rockets figure to explore, and league sources tell Iko that Houston is among the teams with interest in Cavaliers guard Donovan Mitchell, having monitored his situation for the last several months. Mitchell wouldn’t be available if he ends up signing an extension to remain in Cleveland, but if he’s on the trade block, the All-NBA guard would be a more “suitable” target for the Rockets than players like Brandon Ingram or Mikal Bridges, opines Iko.

Here’s more on the Rockets:

  • Confirming a report from The Houston Chronicle, Iko says the Rockets have interest in the future Suns draft picks controlled by the Nets. Houston, which controls a handful of Brooklyn’s draft assets, is expected to reengage the Nets in trade talks prior to next month’s draft, team sources tell Iko.
  • According to Iko, “all signs point toward” the Rockets exercising their team options on Jae’Sean Tate ($7.07MM) and Jeff Green ($9.6MM) for 2024/25. That’s somewhat surprising, given that Tate’s role declined significantly last season and Green would be extremely unlikely to match his option salary as a free agent. But those expiring contracts for Tate and Green would perhaps have some value as salary-matching pieces in a trade. For what it’s worth, Houston could pick up Green’s option and then waive him by July 11 to avoid being on the hook for his ’24/25 salary.
  • Iko also suggests that the Rockets may retain Jock Landale, whose $8MM salary for 2024/25 is non-guaranteed until June 29. Landale played better in the second half of his first season in Houston, especially after Alperen Sengun went down, but he’s another player who wouldn’t be a bargain on his current deal and might have more value as a trade chip. He has non-guaranteed $8MM salaries for ’25/26 and ’26/27 too, so his contract could be treated as an expiring deal. If they hang onto Tate, Green, and Landale on their current contracts, the Rockets would still have plenty of breathing room below the projected luxury tax line, with access to the full mid-level exception.
  • Houston’s front office recognizes that outside shooting and floor spacing are areas of need this summer and has some interest in Bucks sharpshooter Malik Beasley, according to Iko, who hears from sources that Beasley is also generating early interest from the Magic and the Warriors.

Atlantic Notes: Porzingis, C. Johnson, Bridges, Sixers

The Celtics are hoping Kristaps Porzingis can recover from his right soleus (calf) strain in time for the Eastern Conference Finals, Chris Haynes reported tonight on TNT (video link via ClutchPoints).

Porzingis was ruled out for Game 5 after suffering the injury on Monday, but no official announcement has been made beyond that. Sources tell Haynes that the Celtics are preparing for Porzingis to be out for that second round but that team officials are optimistic that Porzingis can make a full recovery with some time off.

“The Celtics are very ecstatic and happy that this injury wasn’t anything more severe,” Haynes said. “He will use his time to rest and go through rehab and then around the six- or seven-day mark, they will reevaluate him to see how he is feeling and then go from there.”

Appearing on a Boston radio show, coach Joe Mazzulla confirmed that doctors will reexamine Porzingis next week to see how much progress he has made, writes Brian Robb of MassLive.

“I don’t know the specifics of it, they used a lot of fancy words,” Mazzulla said. “But I do know it’ll be kind of a more reevaluated next week. We’ll see how he responds to the treatment and how much better he gets here in the first week. I think that’s kind of the goal is to just get crazy in the next week and see where we’re at from there.”

There’s more from the Atlantic Division:

  • Cameron Johnson was one of two Nets players who showed up to welcome new head coach Jordi Fernandez at his introductory press conference, according to a NetsDaily article. Johnson admitted being disappointed by his performance this season, which played a role in the coaching change and caused him to be pulled from the starting lineup. “Nobody ever says anything will be handed to you, anything will be easy, adversity won’t come up, so it’s part of it,” he said. “You just got to take it, keep it pushing, keep working, and focus on tomorrow, focus on what we can do today.”
  • The Nets have to be careful in how they deal with Mikal Bridges, who will be eligible for an extension this summer, Keith Smith of Spotrac states in his offseason preview for the team. Smith believes Bridges is miscast as a franchise player in Brooklyn because he doesn’t score consistently enough to lead the offense and he doesn’t have enough size to anchor the defense. Smith sees a three-year extension in the range of $100MM to $120MM as reasonable, but adds that anything beyond that could be a bad use of resources.
  • The Sixers are taking steps to make sure Wells Fargo Center isn’t filled with Knicks fans for Game 6 like it was on Sunday, per David Aldridge of The Athletic. The team’s ownership joined with Fanatics CEO Michael Rubin – a former minority stakeholder in the franchise – to purchase and distribute more than 2,000 tickets from the secondary market.

Wolves’ Mike Conley Named 2023/24 Teammate Of The Year

Timberwolves point guard Mike Conley has been named the NBA’s Teammate of the Year for the 2023/24 season, the league announced today (via Twitter).

The Twyman-Stokes Teammate of the Year award “recognizes the player deemed the best teammate based on selfless play, on- and off-court leadership as a mentor and a role model to other players, and commitment and dedication to team,” per the NBA.

The award isn’t voted on by media members. A panel of league executives select the 12 finalists (six from each conference) for the award, while current players vote on the winner. Players receive 10 points for a first place vote, seven for second, five for third, three for fourth, and one point for fifth place.

Here are this season’s full voting results, according to the NBA, with the player’s point total noted in parentheses:

It’s the second Teammate of the Year award for Conley, won also won it in 2018/19 when he was a member of the Grizzlies.

The award, which was introduced in ’12/13, had gone to Jrue Holiday in each of the past two seasons (and three of the past four), with Damian Lillard taking it home in 2021.