Richaun Holmes

Richaun Holmes Signs Two-Year Contract With Panathinaikos

As expected, free agent center Richaun Holmes has officially signed a two-year contract with Panathinaikos, the 2024 EuroLeague champions announced today (Instagram link).

According to the Greek club, Holmes’ deal features an option in year two, meaning he could become a free agent again in 2026. He will reportedly be one of the highest-paid players in Europe.

Holmes arrived in Athens on Friday night and was thrilled to be greeted by an enthusiastic crowd of Panathinaikos supporters, writes Apostolos Mavrakis of Sportal.gr (hat tip to Sportando).

I came here to win. I’m where I want to be, ready to play and to fight for victories,” Holmes said. “This is incredible — I can’t put it into words. I’ve never experienced anything like this in my life … the love was instant. I can’t wait to get on the court and give it back.”

When asked what convinced him to sign with Panathinaikos, the 31-year-old big man said it felt good to be wanted.

I think just how they came, how they pursued me, they wanted me,” Holmes said. “They sold me on the idea of the importance that they needed me here, they wanted me here, and that was everything to me. I just wanted to be pursued, wanted to be wanted.

I came here to do some great things. This is a powerhouse club and I’m looking to add to that and be a part of it. I’m just glad to be a part of this legacy, honestly.”

Holmes was the 37th overall pick in the 2015 draft out of Bowling Green and has spent the past decade in the NBA, suiting up for five different teams during that time. He had his best years in Sacramento, where he was the Kings’ full-time starting center and put up 14.2 points, 8.3 rebounds, and 1.6 blocks per game across 61 outings in 2020/21.

After becoming an unrestricted free agent, Holmes drew interest from a handful of EuroLeague clubs, including Fenerbahce in Turkey. A report last weekend stated he was mulling an offer from Panathinaikos while waiting to see if he’d be offered a guaranteed NBA contract — evidently he didn’t find an NBA deal to his liking.

Holmes will be looking to help lead Panathinaikos to a title or two in 2025/26 after the club fell just short this past season. The Greens went 22-0 during Greece’s regular season before losing to Olympiacos in the final. In the EuroLeague, Panathinaikos finished third with a 22-12 record but was defeated by Fenerbahce – the eventual champions – in the semifinals.

Holmes will be Panathinaikos’ final offseason signing, according to owner Dimitris Giannakopoulos (story via Aris Barkas of Eurohoops).

Richaun Holmes Expected To Sign With Panathinaikos

Following up on overseas reports indicating that big man Richaun Holmes was nearing a deal with Panathinaikos (hat tip to Eurohoops), Michael Scotto of HoopsHype (Twitter link) cites sources who say Holmes has agreed to sign a contract with the Greek club that will make him one of the highest-paid players in Europe.

Holmes, 31, was the 37th overall pick in the 2015 draft out of Bowling Green and has spent the past decade in the NBA, suiting up for five different teams during that time. He had his best years in Sacramento, where he was the Kings’ full-time starting center and put up 14.2 points, 8.3 rebounds, and 1.6 blocks per game across 61 outings in 2020/21.

Holmes has played a lesser role in recent years, including in 2024/25, when he made 31 appearances for the Wizards and averaged 7.4 points, 5.7 rebounds, and 0.7 blocks in 17.2 minutes per night. His contract with Washington included a second season, but his $13.3MM salary for 2025/26 was almost entirely non-guaranteed and he was waived by the club last month.

After becoming an unrestricted free agent, Holmes drew interest from a handful of EuroLeague clubs, including Fenerbahce in Turkey. A report over the weekend stated he was mulling an offer from Panathinaikos while waiting to see if he’d be offered a guaranteed NBA contract. Today’s update suggests he didn’t get an NBA offer to his liking.

Assuming the deal doesn’t fall through before it’s officially finalized, the signing will wrap up a weeks-long saga for Panathinaikos — the Athens-based team targeted Jonas Valanciunas in early July and appeared to be on the verge of signing him to a three-year contract, but ultimately wasn’t able to pry him away from the Nuggets. Having missed out on Valanciunas, Panathinaikos continued to seek frontcourt help with an eye on NBA free agents, including Holmes and Precious Achiuwa.

Holmes will be looking to help lead Panathinaikos to a title or two in 2025/26 after the club fell just short this past season. The Greens went 22-0 during Greece’s regular season before losing to Olympiacos in the final. In the EuroLeague, Panathinaikos finished third with a 22-12 record but was defeated by Fenerbahce – the eventual champions – in the semifinals.

Richaun Holmes Weighing Panathinaikos Offer, Hoping To Stay In NBA?

Free agent center Richaun Holmes was waived by the Wizards on July 14. At the end of July, reports indicated that his representatives were talking to Turkish club Fenerbahce, the reigning EuroLeague champions.

Evidently the talks with Fenerbahce weren’t fruitful, but Stavros Barbarousis of Eurohoops.net hears that Holmes now has a two-year offer on the table from 2024 EuroLeague champion Panathinaikos.

As Barbarousis explains, Holmes is reportedly still holding out hope of landing a guaranteed NBA contract. If that doesn’t happen in the near future, he’s expected to sign with the Greek powerhouse, which made an unsuccessful run at Jonas Valanciunas earlier this offseason.

The 37th pick of the 2015 draft after starring in college at Bowling Green, Holmes has spent the past 10 years in the NBA, suiting up for Philadelphia, Phoenix, Sacramento, Dallas and Washington. His most productive season was 2020/21, when he averaged 14.2 points, 8.3 rebounds, 1.7 assists and 1.6 blocks in 29.2 minutes per game across 61 appearances for the Kings.

Holmes, who will turn 32 years old in October, holds career averages of 8.5 PPG, 5.3 RPG and 0.9 BPG in 19.1 MPG (489 games, including 178 starts). He averaged 7.4 PPG, 5.4 RPG and 0.7 BPG in 31 games for the Wizards in ’24/25 (17.2 MPG).

Richaun Holmes Considering Fenerbahce Offer

Richaun Holmes is considering a move overseas, writes Kevin Martorano of Sportando. Mortando cites an original report by TeleSport, which states that Holmes has been in conversations with Fenerbahce, the reigning EuroLeague champion, about a contract that would pay him approximately $2.7MM per year.

Holmes, according to the report, has yet to agree to the deal, as he is waiting to see if an NBA offer materializes as the remaining bigger names in free agency go off the board. If he doesn’t get an offer from an NBA team that appeals to him, he is expected to join the Turkish powerhouse.

Holmes has played 10 years in the NBA, most recently for the Wizards, with whom he averaged 7.4 points, 5.7 rebounds, and 0.7 blocks in 17.2 minutes per night across 31 outings last saeson. He came into the league in 2015 as part of the “Process” Sixers and saw his most success as the part-time starter for the Kings from 2019-2022, averaging 12.5 points, 7.9 rebounds, and 1.3 blocks per game over three seasons.

Fenerbahce has reportedly prioritized adding a defensive center to its roster heading into next season.

Wizards Waive Richaun Holmes

The Wizards have waived veteran big man Richaun Holmes, Michael Scotto of HoopsHype tweets.

Holmes’ $13.28MM contract for next season only had a partial guarantee of $250K. He averaged 7.4 points and 5.7 rebounds in 17.2 minutes over 31 games (seven starts) last season.

Holmes will be an unrestricted free agent once he clears waivers. Given his age — 31 — and lack of playing time last season, it’s no surprise that Washington would clear salary by cutting Holmes loose.

Holmes declined a $12.88MM option on his contract last summer in order to sign a two-year, $25.9MM contract that included the partial guarantee on year two. He had been acquired during the trade deadline from Dallas in the deal that sent Daniel Gafford to the Mavs. He appeared in 17 games for Washington that season, making eight starts and averaging 7.1 points and 6.1 rebounds in 18.7 minutes per night.

Holmes was once one of the most sought-after big men in the league. He was signed by Sacramento on a four-year, $46MM contract in 2021 and averaged in double digits in three consecutive seasons for the Kings.

Once the Wizards signed free agent Marvin Bagley III to back up Alex Sarr, it was clear that Holmes was no longer in the Wizards’ plans. He should draw interest from teams seeking frontcourt depth.

Wizards Notes: Whitmore, Gill, Centers, Outlaw

The Wizardsacquisition of Cam Whitmore from the Rockets will be folded into a four-player trade with the Pelicans that was reported last month, a source tells Varun Shankar of The Washington Post (subscriber link). That deal sends Jordan Poole, Saddiq Bey and the 40th pick in this year’s draft (Micah Peavy) to New Orleans in exchange for CJ McCollum, Kelly Olynyk and a future second-round selection.

Combining the two trades into one will allow the Wizards to acquire Whitmore without using a separate trade exception or a portion of their mid-level or bi-annual exception.

Houston is trading Whitmore to a rebuilding team to give him a shot at increased playing time, but Shankar points out that it might be just as difficult for Whitmore to get on the court in Washington as it was during his two seasons with the Rockets. He views Bilal Coulibaly, Alex Sarr, Bub Carrington, Kyshawn George and lottery pick Tre Johnson as locks to be in the rotation.

Whitmore will have to compete with young prospects Will Riley, AJ Johnson, Justin Champagnie and Dillon Jones, along with McCollum and fellow veterans Khris Middleton, Marcus Smart, Corey Kispert and Richaun Holmes.

Shankar also points out that Whitmore and Coulibaly were part of the same draft class in 2023, which means they’ll both be eligible for rookie scale extensions next summer.

There’s more from Washington:

  • The Wizards waived Anthony Gill last weekend to avoid paying his $2.5MM salary for the upcoming season, but he’s likely to be brought back as the team’s 15th man, Josh Robbins of The Athletic states in a mailbag column. A new deal will be a win for both sides, Robbins explains, as the 32-year-old forward will earn about $121K more on a veteran’s minimum contract and the league’s reimbursement policy will cause Gill to have a smaller salary cap hit. Washington has a minor roster crunch as a result of its moves so far, so the team would have to make additional trades or cuts to make room on the regular season roster for Gill.
  • The Wizards aren’t likely to pursue another center to join Sarr, Olynyk and Holmes, Robbins states in the same piece. Even though Washington ranked near the bottom of the league in defensive rebounding percentage, Robbins notes that there’s not a strong incentive to win this season because the team’s first-round draft pick will convey to New York if it falls out of the top eight. Robbins adds that the Wizards didn’t try to sign any big men when free agency began, and he doesn’t expect that stance to change unless Olynyk or Holmes gets traded.
  • Assistant J.J. Outlaw will serve as the Wizards’ Summer League coach, team sources tell Robbins (Twitter link). Outlaw joined Brian Keefe’s coaching staff last July after five seasons in Cleveland.

Southeast Notes: Anthony, Wizards, Heat Play-In

Cole Anthony played a starring role in Orlando’s play-in victory over Atlanta on Tuesday, Josh Robbins of The Athletic writes. He scored 26 points and six assists to clinch the seventh seed for the Magic.

As Robbins writes, Anthony had a roller-coaster season in 2024/25, seeing his role fluctuate frequently as he averaged a career-low 18.4 minutes per game, so it was rewarding for him to help secure their spot in the playoffs.

It’s been up-and-down for him,” head coach Jamahl Mosley said. “But just his energy, his spark, his juice, what he provides for this team coming off that bench, he plays fearlessly and that’s how we need him to continue to play.

Now, the Magic are preparing for a first-round series against the 61-win Celtics.

It was awesome, and we need that from him, to be ready and plug in and give us instant offense like that and just make the right play,” teammate Franz Wagner said.

We have more from the Southeast Division:

  • Even though they won just 18 games, this was a successful season from a developmental perspective for the Wizards. Three rookies — Alex Sarr, Bub Carrington and Kyshawn George — started a significant number of games while players like Bilal Coulibaly showed signs of development. In a piece exploring learnings from the season, Varun Shankar of The Washington Post pinpoints Justin Champagnie as a valuable player but writes that players like Richaun Holmes and Malcolm Brogdon might be on the way out in the offseason.
  • In his offseason preview for the Wizards, Keith Smith of Spotrac writes that players like Khris Middleton and Marcus Smart might have value for contending teams this offseason due to their contracts set to expire in 2026. In potential trade scenarios involving those players, the Wizards could take back long-term salary. Brogdon will be a free agent and the Wizards could theoretically involve him in a sign-and-trade while getting a minor asset in return. Outside of that, the Wizards will keep adding to their young core. Smith writes that AJ Johnson and Tristan Vukcevic are two young players in house to watch for bigger roles next year.
  • The Warriors‘ play-in victory over the Grizzlies ensures the Heat will receive Golden State’s first-round pick in June, which will be either 18th, 19th or 20th overall, Barry Jackson of the Miami Herald writes. That pick order will be determined by random drawing. Golden State’s pick was top-10 protected. Whether or not the Heat hang onto their own first-round pick will hinge on whether or not they beat Atlanta on Friday.
  • The Heat defeated the Bulls in the play-in tournament for the third straight year, with Tyler Herro serving as a major offensive catalyst, Anthony Chiang of the Miami Herald writes. Pelle Larsson, who played many minutes toward the end of the season in a starting role, returned from an ankle injury and was available on Wednesday, but didn’t play. Forward Nikola Jovic is also close to making his return after not playing since late February. He was upgraded to questionable for the first time since then and could potentially return in the playoffs.

Wizards Notes: Smart, Sarr, Poole, Holmes, Middleton

Marcus Smart finds himself on one of the league’s worst teams. The veteran guard was dealt by Memphis to the Wizards last month and is attempting to make the best of it, he told Candace Buckner of the Washington Post.

“Controlling what I can control is my motto now as I’ve gotten older and I think that helps a lot because we are put to the test,” he said. “When you’re such a competitor and you’re so passionate, [then] to come to a team that’s young, rebuilding in a sense, you know, trying to figure it out. You know, it is frustrating, but the older you get, that experience, I went through it. So now I can see, sit down and understand by looking from 2017 till now, what can I do differently? And that is the way I respond.”

Smart, who is signed through next season, is trying to give his new teammates some tough love.

“They know I’m not here to hold your hand. I’m here to help you get better,” he said. “This group is very young but they have some talented guys who can be defensive players of the year, or all-star candidates, all-NBA candidates with some work. A little bit of experience, a little bit of guidance, and that’s what I’m here for.”

Here’s more on the Wizards:

  • Alex Sarr has struggled to score at the rim in his rookie season but he was an inside force against Utah on Wednesday, racking up 21 points and making all but one of his seven attempts in the lane. “Definitely just trying to be aggressive. Get some easy ones around the rim before spacing out,” he said, per Varun Shankar of the Washington Post.
  • Jordan Poole missed his third straight game with a right elbow hyperextension, Shankar notes. Coach Brian Keefe indicated that Poole did some on-court work, including shooting, on Wednesday. Big man Richaun Holmes missed his first game since late January with a left knee contusion, Shankar adds.
  • While Smart and Khris Middleton, another trade-deadline acquisition, are playing key roles as mentors for the younger players, it’s quite possible – or perhaps likely – the Wizards will attempt to trade them after this season or before the 2026 trade deadline, Josh Robbins of The Athletic writes in his latest mailbag. Robbins also fields questions on the draft and the organization’s player development program.

Scotto: Trae Young, LaMelo Ball Among Players To Monitor In Offseason

Hawks guard Trae Young has just one guaranteed year left on his contract after this season, with a player option for 2026/27. As he nears potential free agency, executives around the NBA are wondering whether Atlanta will be looking to extend Young this offseason or whether he might emerge as a trade candidate, writes Michael Scotto of HoopsHype.

As Scotto notes, Young has spoken about wanting to win a championship in Atlanta with head coach Quin Snyder, and the Hawks have an intriguing collection of young talent around him, including forward Jalen Johnson, defensive ace Dyson Daniels, and 2024’s No. 1 overall pick Zaccharie Risacher.

However, the Hawks have been a middle-of-the-pack team since making the Eastern Conference Finals in 2021, compiling between 36 and 43 wins and failing to get out of the first round of the playoffs in each of the three years since then — this season, they’re on pace for 37 wins and another play-in spot. They also don’t control their own first-round picks in any of the next three drafts.

Additionally, Scotto writes, Hawks ownership will be looking to avoid surpassing the luxury tax threshold in 2025/26, which could affect their ability to re-sign free agents such as Clint Capela, Caris LeVert, and/or Larry Nance Jr. — or to bring in additional talent.

Atlanta did have talks with the Pelicans prior to this year’s trade deadline about forward Brandon Ingram, with Capela, Onyeka Okongwu, De’Andre Hunter, and Bogdan Bogdanovic among the names that came up in those multi-team discussions, Scotto reports. Ingram was ultimately sent to Toronto, with the Hawks sending Hunter to Cleveland and Bogdanovic to the Clippers.

Shortly after the trade deadline passed last month, NBA insider Chris Haynes (Twitter link) referred to Young’s future in Atlanta as “murky,” while Kevin O’Connor of Yahoo Sports (Twitter link) wondered if the 26-year-old might request a trade this summer. Scotto doesn’t quite go that far, but says Young’s situation in Atlanta is one that executives around the league will be monitoring in the coming months.

Here’s more from Scotto on players to watch entering the 2025 offseason:

  • Rival executives are curious about whether point guard LaMelo Ball is still at the forefront of the Hornets‘ long-term plans and will be keeping an eye on him this offseason, Scotto reports. Veteran forward Miles Bridges is another name to watch in Charlotte, since his contract has a declining salary structure that was meant to make it more trade-friendly, Scotto adds. It also remains to be seen whether the Hornets will put center Mark Williams back on the trade block after a deadline deal with the Lakers fell through due to medical concerns.
  • RJ Barrett‘s name came up in the Ingram trade talks between the Raptors and Pelicans, but New Orleans didn’t view the forward as an ideal fit on their roster, according to Scotto, who suggests that Barrett could emerge as a trade candidate this summer with Toronto prioritizing Ingram, Scottie Barnes, and Gradey Dick. The former No. 3 overall pick is under contract for $57MM+ across two more years after this season.
  • NBA executives widely expect Wizards forward Khris Middleton to pick up his $33.35MM player option for 2025/26, Scotto reports. If he does, he and guard Marcus Smart – who will have an expiring $21.59MM deal, will be trade candidates to monitor in Washington. The same goes for Richaun Holmes, though his expiring $13.28MM contract only features a small partial guarantee ($250K), so he’s probably more likely to be waived than traded.

Wizards, Bucks Have Discussed Middleton, Kuzma

The Wizards and Bucks have explored a potential trade that would involve Milwaukee forward Khris Middleton and Washington forward Kyle Kuzma, two league sources tell Josh Robbins and David Aldridge of The Athletic. As we relayed on Monday, Jake Fischer of The Stein Line (Substack link) previously reported that the Bucks have had conversations about pursuing Kuzma.

Swapping Middleton for Kuzma would allow the Bucks to move below the second tax apron, Robbins and Aldridge outline, saving them money and generating more roster flexibility while also allowing them to avoid having their 2032 first-round pick become “frozen” at season’s end.

However, Kuzma is in the midst of the worst season of his career and The Athletic’s duo says the Wizards would be seeking draft capital in order to acquire Middleton, who has battled injuries in recent years.

A straight-up swap of the two players also wouldn’t quite be possible due to the difference in their salaries, so for matching purposes, the Wizards would have to send out a second player along with Kuzma ($23.5MM cap hit; $26.5MM apron hit) in order to take back Middleton ($31.7MM cap hit; $34MM apron hit).

The Bucks are operating about $6.5MM above the second apron and acquiring a second player would keep them above that threshold. So if getting out of second-apron territory is a goal, they’d need to either find a third-team facilitator or send out a second player themselves.

It’s unclear how much traction the two teams have gained in their talks, according to Robbins and Aldridge. When healthy, Middleton is a more valuable all-around player than Kuzma, but he also has been more injury-prone, is four years older, and is more expensive. Middleton holds a $34MM player option for next season, while Kuzma will make $21.5MM in 2025/26 and $19.4MM in ’26/27 on his declining contract.

As for the Wizards, they’re more willing to trade Kuzma now than they were a year ago, when they passed on an opportunity to send him to Dallas, according to The Athletic. But Robbins and Aldridge also note that the forward’s value is at its lowest point, given his struggles this season (.420/.281/.602 shooting), so it may not be the right time for Washington to move him.

Here’s more on the Wizards:

  • Washington is interested in using its $12.4MM trade exception to take on an unwanted contract in order to add more future draft assets, league sources tell Robbins and Aldridge. The club is operating nearly $12MM below the tax line, so it could use most of that exception without going into tax territory.
  • Malcolm Brogdon, Marvin Bagley III, and Richaun Holmes are among the other players on expiring or pseudo-expiring contracts whom the Wizards are willing to move, according to The Athletic. Bagley and Holmes aren’t positive assets and Brogdon’s trade value probably isn’t better than neutral, but their expiring money could be useful to a team looking to move off a multiyear contract.
  • None of the rival teams that have spoken to The Athletic’s duo have heard anything about Jordan Poole being available on the trade market. Poole’s sizable contract remains a potential impediment, but the Wizards are also happy about how he’s performed and bought into the team’s youth movement this season, Robbins and Aldridge explain.
  • While Corey Kispert isn’t off the table in trade talks, the poison pill provision will make any deal more challenging and the Wizards have genuine interest in keeping the fourth-year sharpshooter around through their rebuild, league sources tell The Athletic.