Rockets Sign Tristen Newton To Two-Way Contract
January 4: Newton has been signed and Smith has been waived, the Rockets announced in a press release. The moves were officially finalized on Saturday.
January 3: Tristen Newton is joining the Rockets on a two-way contract, a league source tells Jake Fischer of The Stein Line (Twitter link). Tyler Smith will be waived to create an opening.
Newton, a 24-year-old shooting guard, signed a two-way deal with Minnesota in September, but was waived prior to the start of the season. He has been playing for the Iowa Wolves in the G League, where he’s averaging 26.8 points, 7.7 assists, 4.9 rebounds and 1.7 steals per game while shooting 49.4% from the field and 37.6% from three-point range.
Newton was selected by Indiana with the 49th pick in the 2024 draft, and he appeared in five games on a two-way contract before being released early last January. Minnesota claimed him off waivers, and he saw action in three more NBA games.
Newton will be eligible to appear in up to 29 games with Houston if his new contract is finalized by the end of the day. His two-way salary will become fully guaranteed as long as he remains on the roster through Wednesday.
Smith, a 21-year-old power forward, hasn’t made any NBA appearances since signing his two-way deal with the Rockets on December 2. He was the 33rd pick in the 2024 draft and got into 23 games with Milwaukee last season.
And-Ones: Marjanovic, NBA Cup, Under-25s, FAs, Collins
Former NBA center Boban Marjanovic has signed with KK Ilirija, the Slovenian team announced in a press release.
Marjanovic, 37, made his NBA debut with San Antonio in 2015 and spent nine seasons in the league, appearing in 331 total regular season games for the Spurs, Pistons, Clippers, Sixers, Mavericks, and Rockets. After playing for Houston in 2023/24, he split last season between Fenerbahce in Turkey and the Zhejiang Lions in China.
Marjanovic’s new team competes in Slovenia’s domestic league and the ABA League, but isn’t part of the EuroLeague.
Here’s more from around the basketball world:
- How do players and coaches around the league feel about the NBA Cup? Most of the ones who spoke to The Athletic’s staff about the tournament offered positive feedback, with Bucks head coach Doc Rivers referring to it as “a benefit” for the league, while Timberwolves head coach Chris Finch called it a “perfect shot in the arm” for the first half of the season. “I think everybody’s taking it pretty serious, with what the stakes are, what the rewards are,” said Stephon Castle, whose Spurs advanced to the semifinals. “And again, being able to play in big-time games, it just amplifies the regular season a little bit.”
- Spurs big man Victor Wembanyama took the No. 1 spot in ESPN’s list of the top 25 players under 25 years old, just ahead of Minnesota guard Anthony Edwards and Detroit guard Cade Cunningham. San Antonio, which also has Castle and Dylan Harper in the top 25, is one of four teams with three players on the list, along with the Rockets, Pistons, and Magic.
- Eric Pincus of Bleacher Report ranks the top 20 free agents currently on the market, with Malik Beasley, Ben Simmons, and Tristen Newton leading the way. Newton has only played 16 total minutes in eight NBA appearances, but he’s averaging 26.3 points and 8.1 assists per game in the G League this fall.
- Former NBA center Jason Collins, whose family announced in September that he was being treated for a brain tumor, has revealed that he has Stage 4 glioblastoma, a deadly form of brain cancer. Collins, who told his story via Ramona Shelburne of ESPN, said the average prognosis for his condition is just 11 to 14 months.
Wolves’ Juzang Gets Two-Way Deal; Newton Among Cuts
4:14 pm: As expected, the Timberwolves confirmed in a press release that they’ve waived Newton, Johnson, Pullin, and Bernard. The team put out a separate announcement confirming Juzang’s conversion to a two-way deal.
3:34 pm: The Timberwolves are converting Johnny Juzang from his Exhibit 10 contract to a two-way deal on the heels of his strong preseason, reports Jon Krawczynski of The Athletic (Twitter link).
Juzang, who signed with Minnesota in September after being waived by Utah in June, put up 13.8 points in just 17.6 minutes per game in five preseason appearances for the team. His shooting line was a scorching .500/.483/.833, and he also grabbed 4.2 rebounds per contest.
The Timberwolves didn’t have a two-way spot open for Juzang, so the club has to make a cut. Tristen Newton is the odd man out and will be waived, according to Chris Hine of The Star Tribune (Twitter link).
Newton, the 49th pick in the 2024 draft, accepted his two-way qualifying offer in September after spending his rookie year on a two-way deal. A 6’5″ guard, Newton was much quieter during the preseason than Juzang, averaging 5.2 points, 1.6 assists, and 1.4 rebounds in 13.5 minutes per game while shooting 38.9% from the floor.
Newton isn’t the only Timberwolf being cut ahead of the season. Veteran forward Alize Johnson is also being placed on waivers, tweets Michael Scotto of HoopsHype.
Camp invitees Zyon Pullin and Jules Bernard, who are also on non-guaranteed Exhibit 10 contracts, seem likely to be waived too, though that hasn’t been confirmed yet.
Wolves Re-Sign Tristen Newton To Two-Way Contract
September 16: A month-and-a-half after their deal was first reported, the Timberwolves have officially re-signed Newton to a two-way deal, per NBA.com’s transaction log.
August 1: Restricted free agent guard Tristen Newton is signing his two-way qualifying offer from the Timberwolves, reports Michael Scotto of HoopsHype (via Twitter).
Newton, who was the 49th pick in the 2024 draft, split time between the Pacers and Wolves last season, playing five games in Indiana and three in Minnesota.
He spent the majority of his season in the G League, where he averaged 16.6 points, 6.6 assists, 6.5 rebounds, and 1.9 steals per game in 20 outings for the Iowa Wolves. In five Summer League appearances this offseason, Newton averaged 9.2 points, 3.8 assists, and 2.0 steals while shooting 47.6% from three.
The Wolves signed Enrique Freeman to a two-way deal earlier today, and already have 2025 second-round pick Rocco Zikarsky and second-year center Jesse Edwards occupying two-way slots, meaning someone will have to be waived to accommodate Newton’s return.
The expectation is that Edwards will be waived following the addition of Freeman and rookie big men Zikarsky and first-round pick Joan Beringer.
Timberwolves Expected To Waive Jesse Edwards
After reaching an agreement to sign forward Enrique Freeman to a two-way contract, the Timberwolves are expected to waive center Jesse Edwards from his own two-way deal, per Jon Krawczynski of The Athletic (Twitter link).
The Wolves don’t need to cut Edwards in order to make room on the roster for Freeman, so it’s not clear if the move will happen right away or later in the offseason. But after Minnesota added a pair of rookie big men in Joan Beringer and Rocco Zikarsky in this year’s draft, Edwards no longer appears to be in the team’s plans going forward, as Krawczynski explains.
Waiving Edwards would also create a two-way opening for Tristen Newton, a 2024 second-round pick who still has a qualifying offer on the table from the Wolves. Zikarsky and Freeman will occupy the club’s other two-way slots.
A Dutch-born seven-footer who played his college ball at Syracuse and West Virginia, Edwards joined the Timberwolves on a two-way deal last July after going undrafted. The 25-year-old appeared in just two NBA games, but played a major role for the Iowa Wolves in the G League, averaging 11.9 points, 7.6 rebounds, and 1.9 blocks in 25.1 minutes per game across 34 total outings.
Edwards was tendered a two-way qualifying offer in June and accepted it almost immediately. By signing that QO, he secured a partial guarantee worth $85,300, which won’t count against Minnesota’s cap.
QO Updates: J. Walker, A. Mitchell, Two-Ways, Mann
The Trail Blazers opted not to tender forward Jabari Walker a qualifying offer prior to Sunday’s deadline, reports Sean Highkin of The Rose Garden Report (Twitter link). As a result, Walker will become an unrestricted free agent.
Walker put up solid numbers in a limited role for Portland last season, averaging 5.2 points and 3.5 rebounds in 12.5 minutes per game, with a .515/.389/.690 shooting line, across 60 appearances. However, his playing time dropped off significantly from the previous year, a signal that the Blazers were prioritizing other young players over the 22-year-old.
Meanwhile, the Thunder issued Ajay Mitchell a qualifying offer, according to Keith Smith of Spotrac (Twitter link), who notes that it’s a procedural move for Oklahoma City, since the second-year guard has already agreed to sign a three-year, $9MM contract with the team. The QO will just ensure he’s a restricted free agent when free agency opens — he’ll be able to officially finalize that new deal on July 6.
The following players who finished the 2024/25 season on two-way contracts also received qualifying offers ahead of Sunday’s deadline, per Smith (unless otherwise indicated):
- Branden Carlson, Thunder (link)
- Jesse Edwards, Timberwolves (link)
- Tyson Etienne, Nets (link)
- Trentyn Flowers, Clippers (link)
- Mac McClung, Magic (link)
- Tristen Newton, Timberwolves (link)
- Oscar Tshiebwe, Jazz (link via Tony Jones of The Athletic)
In each of these cases, the player’s qualifying offer is equivalent to another one-year, two-way deal, with a small portion (approximately $85K) guaranteed.
While a rival team could technically sign any of these players to an offer sheet during free agency, we essentially never see that happen with two-way free agents. Most of them end up either accepting their two-way QOs or agreeing to new standard contracts with their current teams.
While it’s possible that news of a qualifying offer slipped through the cracks within the last 24 hours, it appears that RealGM’s official transaction log is up to date with all of the QOs that were issued prior to Sunday’s deadline.
If that’s the case, one notable player who didn’t receive a qualifying offer is Hornets guard Tre Mann. His QO would have been worth about $6.96MM, but if Charlotte didn’t put it on the table, that means he’s on track to be unrestricted when free agency opens later today.
[UPDATE: Mann didn’t receive a qualifying offer, Michael Scotto of HoopsHype confirms (via Twitter).]
We’ll publish our full recap of 2025’s qualifying offer decisions later this morning.
Timberwolves Claim Tristen Newton, Waive Daishen Nix
JANUARY 3: The Timberwolves have officially confirmed the moves in a press release.
JANUARY 2: The Timberwolves have claimed shooting guard Tristen Newton off waivers, cutting guard Daishen Nix to create room on their roster for the newcomer, according to Jon Krawczynski of The Athletic (Twitter link).
Michael Scotto of HoopsHype first reported (via Twitter) that Minnesota was claiming Newton, who was waived on Wednesday by the Pacers. At the time of Newton’s release, Scott Agness of Fieldhouse Files indicated that the rookie guard had asked Indiana to let him go.
The 49th overall pick in the 2024 draft out of UConn, Newton logged just eight total minutes across five appearances for the Pacers this season after signing a two-way contract with the club in July.
He has spent most of his rookie year to date with the Indiana Mad Ants, the Pacers’ G League affiliate, averaging 16.4 points, 6.7 assists, 5.8 rebounds, and 1.3 steals in 35.8 minutes per game across 14 total Tip-Off Tournament and regular season outings. His shooting line for the Mad Ants was .401/.396/.692.
Newton will remain on his two-way contract with the Timberwolves, who now control his NBA rights and could convert him to the 15-man roster or negotiate a longer-term standard deal with him later in the season, if they so choose. If he plays out the rest of the 2024/25 campaign on his two-way pact, he’ll be eligible for restricted free agency in the summer.
As for Nix, he’s in his final year of two-way eligibility after having spent four seasons with the Rockets and Timberwolves from 2021-25. He has appeared in just three games for Minnesota so far this season after making 96 total NBA appearances across his first three seasons.
Like Newton, Nix has seen more action in the G League, averaging 22.1 PPG, 7.3 APG, 5.0 RPG, and 2.9 SPG in 10 games in the Tip-Off Tournament. He recently missed time due to an ankle sprain.
Pacers Waive Tristen Newton, Sign RayJ Dennis To Two-Way Deal
JANUARY 3: Dennis’ two-way deal with the Pacers is now official, according to a press release. He will be eligible to play in up to 29 games with the NBA team between now and the end of the regular season.
JANUARY 1: The Pacers have waived two-way player Tristen Newton, the team announced in a press release. Scott Agness of Fieldhouse Files reports that the move was believed to be Newton’s preference.
Indiana selected the 6’5″ guard out of the University of Connecticut with the No. 49 overall pick in this summer’s draft, and ultimately signed him to a two-way deal. He appeared in just five games for the Pacers at the NBA level, averaging just 1.6 minutes per night.
Across 10 games for the Pacers’ NBAGL affiliate, the Indiana Mad Ants, Newton averaged 17.0 points, 6.8 rebounds, 5.9 assists and 1.3 steals per contest, with a shooting line of .424/.414/.688.
Newton was a core player on a pair of consecutive NCAA champions with the Huskies. Last year, he was honored as the NCAA Final Four Most Outstanding Player and a consensus All-American First Teamer.
Sources inform Michael Scotto of HoopsHype (via Twitter) that the Pacers are signing free agent guard RayJ Dennis to a new two-way deal to replace Newton. Dennis has been plying his trade as an affiliate player for the Clippers’ G League affiliate, the San Diego Clippers.
In 16 bouts with San Diego, Dennis has averaged 16.4 points, 6.1 dimes, 3.4 boards and 1.3 swipes per game on .461/.346/.810 shooting. The 6’2″ guard went undrafted out of Baylor following an All-Big 12 Second Team stint with the Bears.
Pacers Sign Tristen Newton To Two-Way Deal
The Pacers have signed second-round pick Tristen Newton to a two-way contract, according to Scott Agness of Fieldhouse Files (Twitter link).
The floor leader for national champion UConn, Newton appeared in five Summer League games in Las Vegas, averaging 9.0 points, 4.6 assists, 3.8 rebounds and 1.2 steals in 21.6 minutes.
Newton, 23, started all 40 games for the Huskies this past season and averaged 15.1 points, 6.6 rebounds and 6.2 assists. He was taken with the 49th overall pick in the draft.
Newton was one of four UConn starters selected in the draft. He’ll provide more backcourt depth for Indiana.
Newton joins Quenton Jackson, who was re-signed this weekend, on two-way deals. That leaves Indiana with one more available two-way spot. The team still has one unsigned second-round pick (Enrique Freeman) and has a two-way qualifying offer out to Oscar Tshiebwe.
Ten 2024 Draft Picks Have Yet To Sign NBA Contracts
Of the 58 players who were selected in last month’s draft, 48 have signed their first NBA contracts since the start of July. As our tracker shows, the breakdown is as follows:
- First-round picks signed using the rookie scale exception: 30
- Second-round picks signed using the second-round pick exception: 13
- Second-round picks signed to two-way contracts: 5
That leaves 10 players from the 2024 draft class who have yet to sign with their respective NBA teams. Here are those players:
- Utah Jazz: Kyle Filipowski, F/C, Duke
- San Antonio Spurs: Juan Nunez, G, Ratiopharm Ulm
- Atlanta Hawks: Nikola Djurisic, G, Mega Basket
- San Antonio Spurs: Harrison Ingram, F, UNC
- Indiana Pacers: Tristen Newton, G, UConn
- Indiana Pacers: Enrique Freeman, F, Akron
- Dallas Mavericks: Melvin Ajinca, G, Saint-Quentin
- Golden State Warriors: Quinten Post, C, Boston College
- Boston Celtics: Anton Watson, F, Gonzaga
- New York Knicks: Kevin McCullar, G/F, Kansas
Of these 10 players, one has already signed a non-NBA contract — French team ASVEL Basket announced earlier this week that it has added Ajinca to its roster, so it appears he’ll become a draft-and-stash prospect, spending at least one season overseas before joining the Mavericks.
That’s likely the path Nunez will follow as well. While nothing is official yet, a report earlier this month stated that the Spanish point guard is expected to sign with Barcelona on a deal that will give him an NBA out during the 2025 offseason. The Spurs haven’t been operating as if they expect Nunez to be on their roster next season, having filled their 15-man roster with players on standard contracts.
Djurisic is the other international prospect in this group and his plans for 2024/25 remain unclear. He fractured his left foot during Summer League play and the injury is expected to sideline him until at least late September, putting him behind schedule in his offseason workouts.
The Hawks don’t appear to have room on their 15-man roster for Djurisic at this point (they have 15 players on guaranteed deals, plus Bruno Fernando on a non-guaranteed contract), though they do have a two-way slot open. We’ll see if the plan is to have Djurisic take that spot or if he’ll continue playing overseas for another season.
The Jazz have space on their 15-man roster for Filipowski and I expect him to sign a three- or four-year contract sooner or later. Completing that move would cut into Utah’s cap room a little, so the club will likely handle its other offseason business to make sure it doesn’t need that room for other purposes — Filipowski can be signed using the second-round exception whether team salary is over or under the cap. The Jazz also have yet to formally finalize reported deals with Drew Eubanks and Johnny Juzang, which is another sign they’re keeping all options open with their cap room.
The other six unsigned second-rounders – Ingram, Newton, Freeman, Post, Watson, and McCullar – all look to me like obvious candidates for two-way contracts. As we detailed on Tuesday, the Spurs, Pacers, and Knicks each have multiple open two-way slots, while the Celtics have one open spot, so there’s nothing standing in the way of their draftees filling those openings.
It’s worth noting that Indiana has two-way qualifying offers on the table for two players (Quenton Jackson and Oscar Tshiebwe), so there won’t be room for those two guys and Newton and Freeman on two-way deals. With 14 players on standard contracts, the Pacers could give one of those four players a 15-man spot if they want to retain all of them.
The Warriors, meanwhile, don’t currently have an open two-way slot for Post. One of their two-way players – Pat Spencer – is a carry-over from last season, so his grip on a two-way spot might be weaker than more recent signees like Reece Beekman and Daeqwon Plowden, but Spencer had a strong Summer League showing, so I’m not necessarily assuming Post will take his spot.
For what it’s worth, Post was born and raised in the Netherlands before playing college basketball in the U.S., so spending a season in Europe wouldn’t be a total curveball for him. Still, at age 24, he’s probably NBA-ready. A standard contract isn’t an option for Post for now, since the Warriors are right up against their first-apron hard cap and can’t afford to sign a 15th man. That could change if they make a trade, but for now, his best hope of opening the season with Golden State would be for the team to waive one of its two-way players.
While it’s rare for U.S.-born players to be stashed overseas, it’s not unheard of, so that’s also a possibility for some of the other unsigned players from the back half of the second round.
Another potential option would be signing a G League contract that allows the player’s NBA team to retain his rights while not dedicating an 18-man regular season roster spot to him. There’s often at least one player per draft class who takes that route. Mojave King did it in 2023, Gui Santos did it in 2022, and two Nets draftees (RaiQuan Gray and Marcus Zegarowski) did it in 2021. McCullar, a late pick who is still recovering from a knee injury he sustained at Kansas, might be a candidate for this path.