Paul Reed Rumors | Hoops Rumors

Paul Reed Receives Offer Sheet From Jazz

July 8th, 2023 at 10:32am CST by Arthur Hill

Restricted free agent Paul Reed has signed an offer sheet with the Jazz worth $23MM over three years, according to ESPN’s Adrian Wojnarowski. The Sixers will have until 11:59 p.m. on Sunday to match the offer if they want to keep Reed.

Sources tell Wojnarowski that the offer contains a unique provision that guarantees the first season of the new contract, while the other two will only become guaranteed if his team reaches the conference semifinals in 2023/24. That would total $15.7MM over two years, and Wojnarowski points out that Philadelphia is much more likely than Utah to advance in the playoffs during the upcoming season.

Woj also notes that the Sixers will exceed the $165MM luxury tax threshold if they match Reed’s offer, which would cost them an estimated $14MM in tax penalties. Reed would have the option to veto trades for a year if he stays with Philadelphia.

The Jazz will use their $7.7MM room exception to complete Reed’s offer sheet, tweets Bobby Marks of ESPN. He points out that Utah used its cap space in its trade for John Collins and its renegotiation-and-extension with Jordan Clarkson, whose salary for 2023/24 rose from $14.3MM to $23.5MM.

Reed saw his role expand in his third NBA season as he averaged 4.2 points and 3.8 rebounds in 69 games. He emerged as the primary backup to Joel Embiid as the season wore on and appeared in all 11 playoff contests.

The Sixers are re-signing Montrezl Harrell and are adding free agent center Mohamed Bamba, so Reed’s role might not be as secure if he stays in Philadelphia for another season.

Stein’s Latest: Wood, Saric, Bol, Mavs, Pelicans, Reed

July 7th, 2023 at 10:50pm CST by Rory Maher

Christian Wood and Dario Saric are two of the top unrestricted free agents who have yet to find new teams. There’s a good reason for that, according to Marc Stein at Substack: Both big men have only received contract offers for the veteran’s minimum thus far and are presumably looking for more money.

Stein says Saric will likely land with the Warriors if he’s unable to find a higher-paying offer. The Croatian big man is reportedly Golden State’s top remaining target.

Here’s more from Stein:

The Magic released Bol Bol on Tuesday and he cleared the waiver wire despite having a relatively modest $2.2MM salary. The Suns have a “level of interest” in the 7’2″ big man, according to Stein. John Gambadoro of Arizona Sports 98.7 FM said on Thursday (via Twitter) that he believed Phoenix might “take a hard look” at potentially signing Bol. Jake Fischer of Yahoo Sports reported when Bol was waived that the Suns contemplated trading for him on the night of last month’s draft.
The Mavericks aren’t done reshaping their roster this offseason, Stein reports. Dallas is expected to trade Tim Hardaway Jr. at some point, with JaVale McGee another candidate to be on the move, whether it’s via trade or being waived. Stein also hears Theo Pinson‘s time with the Mavs is likely over. The veteran guard remains an unrestricted free agent.
The Pelicans are just above the luxury tax threshold and have reportedly been active in trade talks for weeks. Like Fischer, Stein hears New Orleans is shopping guard Kira Lewis Jr. and center Jonas Valanciunas, with Lewis’ name surfacing more frequently in recent days. The Pelicans also unsuccessfully attempted to pry Jarrett Allen away from the Cavaliers, according to Stein.
There hasn’t been much buzz about possible offer sheets for restricted free agent Paul Reed, but Stein writes that the Jazz are worth monitoring. However, the Sixers are reportedly keen on retaining Reed, so it’s unclear if that might work out for Utah. The Jazz also already have several frontcourt players, so Reed would be a bit of an odd fit from a roster standpoint.

Trade/FA Rumors: Lillard, LaVine, Sixers, Reed, Reaves, Spurs

July 7th, 2023 at 2:11pm CST by Luke Adams

The Trail Blazers are believed to be seeking a package in the neighborhood of four first-round picks and two quality players in exchange for Damian Lillard, according to Aaron Fentress of The Oregonian, who spoke to Lillard’s agent Aaron Goodwin about the negotiations. Goodwin reiterated that he’s telling other teams that his client only wants to play for the Heat.

“It’s not fair to a team to allow them to engage in a negotiation that could be futile in the end,” Goodwin told Fentress.

While Lillard may be focused on the Heat, it would require the involvement of at least one more team for the Blazers to get a package anywhere near the level they’re looking for. Having traded its 2025 first-round pick to Oklahoma City, Miami can only currently offer two first-rounders.

As we wait to see if negotiations between Portland and Miami gather any momentum with teams convening at the Las Vegas Summer League, here are a few more trade and free agency rumors from around the NBA:

League sources tell K.C. Johnson of NBC Sports Chicago that Zach LaVine‘s name has come up in preliminary trade discussions with both the Sixers and Trail Blazers. Neither of those conversations gained traction, according to Johnson, who hears that the Bulls‘ asking price for LaVine has been “extremely high.” Still, Johnson says the team has “fluctuated in its belief in LaVine’s consistency as a lead option.”
Kyle Neubeck of PhillyVoice.com hears from sources familiar with the situation that the conversations between the Sixers and Bulls were really just “check-in” talks prior to the draft and didn’t evolve beyond that. So there’s no indication at this point that any multi-team deal involving LaVine and James Harden is on the way, Neubeck writes.
The Sixers‘ deals with centers Mohamed Bamba and Montrezl Harrell haven’t diminished their desire to retain restricted free agent Paul Reed, a team source tells Noah Levick of NBC Sports Philadelphia.
The Spurs legitimately considered the possibility of an offer sheet for restricted free agent guard Austin Reaves, ESPN’s Zach Lowe said on his Lowe Post podcast. The Lakers ultimately re-signed Reaves on a four-year, $54MM deal, which was the most that they could give him directly — another team could’ve tested Los Angeles’ resolve by making a four-year offer worth up to $102MM. “I know San Antonio was going back and forth on it and for whatever reason didn’t do it,” Lowe said.

Fischer’s Latest: Bridges, Washington, Pelicans, Dosunmu, More

July 5th, 2023 at 9:21pm CST by Rory Maher

Prior to signing his $7.9MM qualifying offer, Miles Bridges was seeking around $25MM per year in talks with the Hornets, sources tell Jake Fischer of Yahoo Sports. However, Charlotte was unwilling to approach that figure, which is why Bridges’ representatives quickly opted for unrestricted free agency in 2024.

Bridges was ineligible to be included in a sign-and-trade because he wasn’t on the team’s roster last season, having missed all of 2022/23 after facing a felony domestic violence charge. He agreed to a plea deal and was subsequently suspended by the NBA, who will require him to sit out the first 10 games of ’23/24.

Prior to that incident, Bridges was viewed as one of the top free agents of the 2022 class, having averaged 20.2 PPG, 7.0 RPG, and 3.8 APG on 49.1% shooting in 80 games (35.5 MPG) in ’21/22. There was talk of him receiving $30MM annually in an offer sheet last year, according to Fischer, with the Pacers, Pistons and Grizzlies all linked to the 25-year-old forward.

Here’s more from Fischer’s latest story for Yahoo Sports:

Hornets restricted free agent forward P.J. Washington might have to wait a while in order to find the type of contract he’s seeking, and it might have to come via sign-and-trade. Marc Stein first reported that the former first-round pick is seeking around $18MM annually. According to Fischer, Washington is looking for $80MM over four years. Fischer writes that several agents seem to be pointing to Keldon Johnson‘s rookie scale extension with the Spurs as a benchmark of sorts in negotiations.
The Pelicans continue to gauge the trade market for reserve guard Kira Lewis Jr. and starting center Jonas Valanciunas, sources tell Fischer. Lewis is entering the final year of his rookie scale contract and could become a restricted free agent next summer, while Valanciunas’ $15.4MM deal is expiring.
Fischer hears the recent conversations between the Hawks and Raptors haven’t been very productive when it comes to a potential Pascal Siakam deal. On an unrelated note, Fischer also reports there’s optimism within Atlanta’s organization that the team will be able to extend Dejounte Murray.
The Raptors have expressed interest in Bulls guard Ayo Dosunmu, Fischer reports. However, it’s unclear if they’ll try to make a run at the restricted free agent via an offer sheet or sign-and-trade.
Like other reporters, Fischer has heard there’s mutual interest in a reunion between the Sixers and restricted free agent big man Paul Reed.

Washington, Williams, Thybulle Among RFAs Still Available

July 4th, 2023 at 1:00pm CST by Luke Adams

Of the eight free players on our list of top 50 free agents who have yet to reach new deals, five are restricted free agents. Those five restricted free agents are also the only ones still available at all (not including those coming off on two-way deals). Those players are as follows:

P.J. Washington (Hornets)
Grant Williams (Celtics)
Matisse Thybulle (Trail Blazers)
Ayo Dosunmu (Bulls)
Paul Reed (Sixers)

While I’m sure these five players would’ve preferred to agree to lucrative new contracts in the opening hours of free agency, it’s not necessarily an ominous sign that they’ve yet to line up new deals four days later. It can sometimes take a little longer for the market for restricted free agents to develop, but it doesn’t mean they won’t get paid.

A year ago, for instance, Deandre Ayton didn’t sign his maximum-salary offer sheet with the Pacers (which was quickly matched by the Suns) until July 14, two weeks after the start of free agency. Collin Sexton, who received a four-year, $71MM in a sign-and-trade deal that sent him to Utah as part of the Donovan Mitchell blockbuster, didn’t resolve his restricted free agency until September.

The same thing happens with a few restricted free agents just about every year. In 2021, RFAs like Josh Hart (three years, $38MM) and Lauri Markkanen (four years, $67MM) took multiple weeks to reach new contract agreements.

In other words, there’s still plenty of time for Washington, Williams, Thybulle, Dosunmu, and Reed to find deals they like.

Washington, Williams, and Thybulle, in particular, seem like good bets to cash in sooner or later. A report over the weekend indicated that Washington was drawing interest from multiple teams besides the Hornets. Williams has reportedly received interest from Charlotte and Dallas, with the Mavericks also said to be keeping an eye on Thybulle.

It would be a surprise if any of them had to settle for a below-market deal. It sounds like teams are still in the process of figuring out if an offer sheet will be an exercise in futility or if there’s a legitimate chance to pry away one of those players from his current club — and if so, what the price point would be.

There hasn’t been as much chatter about Dosunmu or Reed, but there haven’t been any red flags on either front. Their qualifying offers ($5.2MM for Dosunmu; $2.3MM for Reed) remain in place as one-year fallback options.

The Spurs are the one team that still has enough cap room to make a strong play for any of those top RFAs, if they so choose. The Rockets may also be able to offer more than the full mid-level, depending on how all their moves shake out, and teams below the tax apron are free to try to negotiate sign-and-trades.

It has become pretty rare for restricted free agents to change teams via offer sheets, but sign-and-trade deals aren’t uncommon — they get the player to his preferred landing spot while ensuring that his old team picks up an asset or two.

There are still several unrestricted free agents whose landing spots will be worth watching too, including Christian Wood, Kelly Oubre, Hamidou Diallo, Jaylen Nowell, and Dario Saric. But at this point in free agency, it’s the RFA market that looks more intriguing.

Eastern FA Rumors: Kuzma, Kyrie, Bridges, Crowder, Sixers

June 30th, 2023 at 3:05pm CST by Luke Adams

Free agent forward Kyle Kuzma is seeking a contract “well above the mid-level exception,” according to Jake Fischer of Yahoo Sports, but it’s unclear which cap-room team might give him that sort of offer, especially if the Rockets and Pacers use their space on other players.

As Fischer writes, the Jazz were viewed as a legitimate suitor for Kuzma, but that option is almost certainly off the table following Utah’s deal for John Collins. People around the league have begun to consider it increasingly likely that Kuzma could re-sign with the Wizards, according to Fischer. While the Wizards are in the process of reshaping their roster, they’ll have Kuzma’s Bird rights and could view him as a future tradable asset as long as they don’t overpay him.

Here are more free agent rumors from around the Eastern Conference:

Following up on a report stating that Kyrie Irving had the Heat on his list of teams to meet with in free agency, Anthony Chiang of The Miami Herald (Twitter link) cites a source who says the Heat have no meeting scheduled with the star point guard. Irving will, however, meet with the Rockets, sources tell Kelly Iko of The Athletic (Twitter link).
Interestingly, Fischer writes that the Hornets “don’t appear to have a straightforward path to re-sign” restricted free agent forward Miles Bridges. According to Fischer, Bridges and his representatives have broached the idea of Charlotte pulling its qualifying offer to make him unrestricted. Based on Fischer’s report, it sounds like Bridges’ camp may not feel confident about its leverage in talks with the Hornets entering the summer. The forward isn’t eligible to be signed-and-traded because he wasn’t on Charlotte’s roster last season.
Although Jae Crowder is considered likely to re-sign with the Bucks, the veteran forward has also drawn interest from the Heat, league sources tell Fischer.
While the Sixers may be fairly quiet at the start of free agency, it’s possible it won’t take the team long to come to an agreement with restricted free agent Paul Reed, according to Kyle Neubeck of PhillyVoice.com. The team’s odds of bringing back Georges Niang, Jalen McDaniels, or Shake Milton don’t appear as strong. A source tell Neubeck that Niang may get “a nice chunk of money” from a rival suitor on the first day of free agency. Milton is unlikely to return to Philadelphia, while McDaniels’ free agency could take some time to play out, Neubeck adds.

Paul Reed To Get Qualifying Offer From Sixers

June 28th, 2023 at 6:54pm CST by Arthur Hill

The Sixers will extend a $2.29MM qualifying offer to back-up big man Paul Reed, sources tell Michael Scotto of HoopsHype (Twitter link).

Reed, 24, set career highs in his third season with the team by appearing in 69 games and averaging 10.9 minutes per night. He contributed 4.2 points and 3.8 rebounds per game while shooting 59.3% from the field.

The qualifying offer means Reed will be a restricted free agent and Philadelphia can match whatever offer sheet he receives.

Paul said last month that he hopes to re-sign with the Sixers. He has the option of accepting the QO as a one-year contract or testing the open market.

Atlantic Notes: Reed, Quickley, Brunson, Hammon

May 9th, 2023 at 9:12pm CST by Dana Gauruder

Joel Embiid‘s backup, Paul Reed, says he’d like to stay with the Sixers, Keith Pompey of the Philadelphia Inquirer writes. Reed will be a restricted free agent this summer. Reed is averaging 5.9 points and 6.6 rebounds in 16.9 minutes over eight playoff games.

“If they would like to keep me, then I would like to come back for sure,” the Sixers big man said. “I really would like to come back.”

We have more from the Atlantic Division:

The Knicks are looking for answers as they try to stay alive in Game 5 of their series against the Heat. Immanuel Quickley apparently won’t be one of them. The guard, who was injured in Game 3, is listed as doubtful for Wednesday’s game due to a left ankle sprain, the team’s PR department tweets.
Speaking of Knicks injuries, Jalen Brunson is toughing it out despite clearly being well below 100%, Ian Begley of SNY TV writes. Brunson has gotten treatment basically around the clock for his ankle and foot ailments, according to Begley. However, the veteran guard hasn’t given an indication publicly about the extent of the injuries and how much they are limiting him.
Becky Hammon has earned serious consideration for the Raptors’ job, Michael Grange of Sportsnet.ca writes. The Raptors aren’t looking to make history by hiring a female head coach, he adds. If they choose Hammon, she will have to emerge as the best candidate for the job. Toronto is looking for a coach that will make his or her presence felt quickly and be judged by the win-loss mark.

Sixers Notes: Embiid, Reed, Harris, Maxey, Rivers

April 29th, 2023 at 6:22pm CST by Arthur Hill

Joel Embiid‘s right knee injury has been classified as a Grade 1 LCL sprain, but it’s actually more serious than that, tweets Shams Charania of The Athletic. The MVP candidate is considered doubtful for the opener of the second-round series against Boston on Monday, and there are questions about how many games he may have to miss.

Embiid has been able to do some individual shooting drills this week and his condition will be evaluated each day, Charania adds (Twitter link). Game 2 is set for Wednesday in Boston before the series shifts to Philadelphia on Friday and next Sunday.

Embiid hasn’t practiced since being injured, and coach Doc Rivers told reporters today that there’s nothing to update about his condition, writes Kyle Neubeck of The Philly Voice.

“There is no latest,” Rivers said. “Doctors looked at him and he didn’t do anything today. I’ll say this, if I was a betting man I would say doubtful for at least Game 1, but we’ll see.”

There’s more on the Sixers:

Paul Reed turned in a strong performance in the close-out game against the Nets and he’s ready to replace Embiid in the starting lineup for as long as necessary, Neubeck adds. Reed talked Saturday about earning the trust of his teammates over the course of the season and said the mental part of his game has improved since last year’s playoffs. “Knowing where they need me on the court, where I’m going to get my points, and knowing where I’m going to help my teammates get their points,” Reed said. “… My teammates know what to expect out of me now, and I know what they expect out of myself. It’s a lot more clear.”
The Sixers will need more production from their supporting cast against the Celtics, particularly if Embiid’s absence turns out to be lengthy, per Keith Pompey of The Philadelphia Inquirer. Pompey states that the coaching staff needs to find a way to get scoring punch from Tobias Harris throughout the game and it should try to run some of the offense through Tyrese Maxey.
Rivers discusses his future in Philadelphia, the Sixers’ title aspirations, his love for coaching, his recent playoff failures and several other topics in an interview with David Aldridge of The Athletic.

Sixers Notes: McDaniels, Embiid, Tucker, Reed

April 27th, 2023 at 11:00am CST by Arthur Hill

While Sixers forward Jalen McDaniels is enjoying his first playoff experience, he’s also working to improve his prospects in free agency, writes Gina Mizell of The Philadelphia Inquirer. McDaniels reached the play-in tournament a couple of times during his three-and-a-half years with the Hornets, but he got his first opportunity with a contender when Philadelphia traded for him in February.

“That shows I can play at the highest level,” he said. “That I can compete with the best guys. I can stop them. I can get to my spots (on offense and) make plays. … If you play the right way, which I feel I always do, you’re going to stand out in some type of way. Someone’s going to want you, just because you play the right way. Philly came and got me from Charlotte, because they saw I was playing the right way and needed a little piece. … Now I’m on a playoff team. Now I can showcase my game in front of everybody that’s watching. Now everybody can see what’s up.”

That includes teams with cap space this summer who can use an athletic, 25-year-old three-and-D wing. McDaniels likes his new situation in Philadelphia, but he understands that he has the chance to land a big contract when he hits the free agent market.

“It just all depends on what (the Sixers) see from me,” McDaniels said, “and what I see for myself.”

There’s more from Philadelphia:

The Sixers should find out more about Joel Embiid‘s availability for the start of their second-round series in the next day or so, writes Keith Pompey of The Philadelphia Inquirer. Embiid is scheduled to meet with his doctors to get an update on the sprained LCL in his right knee, and the team is being cautious as it awaits its next opponent. “He shot a little bit on the side, but not much movement,” coach Doc Rivers said following Wednesday’s practice. “No practice really.”
P.J. Tucker‘s leadership qualities don’t ease up between games, Pompey adds. The Sixers took a gamble by giving a three-year contract to the 37-year-old forward, but he has provided a level of toughness that the team needed. “Today he got angry in practice because it was sloppy and he went off when nobody else did,” Rivers said. “Those are the things that people don’t (see). He just does so many things that are visible only to his team. And that’s why you brought him here.”
The Sixers have engaged in extension talks with backup center Paul Reed, but he’s likely to test the market as a restricted free agent, Shams Charania of The Athletic states on FanDuel TV (video link).
Philadelphia will be among the participants in the Salt Lake City Summer League, along with the Jazz, Grizzlies and Thunder, Pompey tweets. Games are set for July 3, 5 and 6.