Ty Jerome Rumors | Hoops Rumors

Grizzlies, Ty Jerome Agree To Three-Year Deal

June 30th, 2025 at 6:16pm CST by Rory Maher

The Grizzlies will sign free agent guard Ty Jerome to a three-year contract worth $28MM, per Shams Charania of The Athletic (Twitter link). The deal will include a third-year player option, Charania adds.

It has been a busy Monday evening for the Grizzlies, who had already agreed to new deals with Jaren Jackson Jr., Santi Aldama, and Cam Spencer. Jerome’s contract will come out of the room exception, which can be worth up to about $27.7MM over three seasons.

Reports leading up to free agency stated that Memphis was the frontrunner to sign Jerome, who is coming off a career year with Cleveland in which he averaged 12.5 points, 3.4 assists, 2.5 rebounds and 1.1 steals in 70 games (19.9 minutes per contest). He also posted an elite shooting line of .516/.439/.872.

While Jerome was excellent in the Cavaliers’ first-round playoff series vs. Miami, he struggled mightily on both ends of the court in their second-round loss to Indiana. That may have limited his earnings potential to an extent.

Still, it’s surprising that Jerome will “only” make $27.7MM over the next three years, considering the Cavs agreed to give another backup guard — Sam Merrill — a four-year, $38MM deal. Merrill is a better defender, but Jerome was far more productive on offense last season.

Either way, Jerome will secure the first major payday of his career as he nears his 28th birthday (July 8).

Stein/Fischer’s Latest: Jerome, Kennard, Capela, Lakers, Bulls, More

June 30th, 2025 at 2:42pm CST by Luke Adams

In their latest round-up of scuttlebutt ahead of the start of free agency on Monday, Marc Stein and Jake Fischer of The Stein Line (Substack link) reiterate or confirm a few of the rumors that have been percolating in recent days, writing that Dennis Schröder appears to be on track to join the Kings on a two-year deal worth the non-taxpayer mid-level exception, while D’Angelo Russell is widely expected to join the Mavericks on a two-year deal that utilizes the taxpayer mid-level.

Stein and Fischer also stress that the Grizzlies are increasingly regarded as the favorites to land free agent guard Ty Jerome, with rival teams expecting him to sign for a deal in the neighborhood of $9-10MM annually (Twitter link).

Additionally, Stein and Fischer confirm that the Rockets are now eyeing Luke Kennard in addition to Dorian Finney-Smith. Besides Houston, the Hawks and Nuggets are considered potential suitors for Kennard, one of the league’s best outside shooters, according to The Stein Line duo.

Here are a few more fresh pieces of intel from Stein and Fischer:

The Clippers are viewed as a viable candidate to land free agent center Clint Capela. Los Angeles is known to be in the market for an Ivica Zubac backup, with Drew Eubanks not expected to return.
If the Lakers end up losing Finney-Smith in free agency, they’re expected to express interest in another talented perimeter defender, De’Anthony Melton, Stein and Fischer report. Dan Woike of The Athletic (Twitter link) has also heard that there’s mutual interest between Melton and the Lakers. The veteran guard signed for the full non-taxpayer mid-level a year ago, but seems unlikely to land another deal in that range after missing nearly the entire season with a torn ACL.
There’s a “strong expectation” that free agent point guard Tre Jones will remain with the Bulls, Stein and Fischer say. K.C. Johnson of the Chicago Sports Network previously reported that the odds of a reunion between the two sides were rising following the team’s Lonzo Ball trade.
The Bucks are working on potential Pat Connaughton trade scenarios and have a couple possible pathways to a deal, per Stein and Fischer. Milwaukee would likely have to attach a sweetener to move Connaughton, but perhaps could acquire a player in return who would upgrade the rotation.
The Wizards have been gauging the trade market for a pair of veterans on expiring contracts, guard Marcus Smart and big man Kelly Olynyk, Stein and Fischer write. Olynyk technically isn’t even a Wizard yet, as the deal sending him from New Orleans to Washington will become official after the July moratorium — it sounds like there’s a chance he’s flipped to another team.
DeMarre Carroll and former Wizards assistant Brian Randle are expected to have two of the front-of-bench spots on Jordan Ott‘s coaching staff, but the new Suns coach is still seeking a lead assistant who has previous head coaching experience, according to Stein and Fischer.

Stein/Fischer’s Latest: Jerome, Finney-Smith, Turner, Russell, T. Jones, Paul

June 30th, 2025 at 8:49am CST by Arthur Hill

The Grizzlies appear to be the leaders in the race to sign free agent guard Ty Jerome, according to Marc Stein and Jake Fischer of The Stein Line (Substack link). Jerome is coming off a breakout season, but his salary demands are too high for a Cleveland team on the brink of the second apron, so he’s considered a “lock” to leave in free agency. Stein previously mentioned Charlotte and Utah as other teams to watch for Jerome, but Memphis might be separating itself from the pack.

The main question, according to the authors, is how much the Grizzlies are willing to pay Jerome, who is believed to be seeking a deal starting around the $14.1MM non-taxpayer mid-level exception to Jerome. Memphis has been operating recently with the goal of creating enough financial flexibility to renegotiate and extend Jaren Jackson Jr. while matching any offers for restricted free agent forward Santi Aldama, so any offer for Jerome couldn’t get in the way of those goals.

League sources tell Stein and Fischer that the Grizzlies tried to find a taker for Cole Anthony over the weekend. Sending out Anthony’s $13.1MM contract could enable Memphis to acquire Jerome via sign-and-trade.

There’s more inside information from Stein and Fischer:

As reported on Sunday, the Rockets appear to be the top threat to sign Dorian Finney-Smith away from the Lakers. Houston has the $14.1MM MLE available, but the authors hear that its offer may cover four years at a little less than the full amount. L.A. is still hoping to re-sign the 32-year-old forward, who was a part-time starter after being acquired from Brooklyn in December. Finney-Smith turned down a $15.4MM player option on Sunday, and Stein and Fischer report surprise throughout the league that his announcement wasn’t accompanied by a new deal with the Lakers.
There’s “no tangible expectation” that Myles Turner will leave the Pacers in free agency, according to Stein and Fischer. There was some speculation that Indiana might reconsider a new deal with its starting center in the wake of Tyrese Haliburton‘s Achilles injury, but coach Rick Carlisle seemed to squash that when he said on a radio interview last week that re-signing Turner remains the team’s “No. 1 priority.”
The Mavericks are expected to use their $5.7MM taxpayer MLE to sign Nets guard D’Angelo Russell to a two-year deal, Stein and Fischer add. Even with that addition, which would be the team’s 15th standard contract, they state that Dallas still hopes to open a roster spot to re-sign Dante Exum. The authors expect the Mavs to search for a team willing to take on Olivier-Maxence Prosper‘s $3MM contract for next season. The 2023 first-round pick has a $5.3MM team option for 2026/27, so it’s potentially a one-year commitment.
The Magic‘s decision on Sunday to decline an $11MM option on Moritz Wagner and a $2.1MM option on Caleb Houstan could create an opportunity to sign free agent point guard Tyus Jones. If Jones leaves Phoenix, Stein and Fischer speculate it could lead to Chris Paul returning to the Suns, as they first reported on Sunday.

Stein’s Latest: NAW, Schröder, Jerome, Grimes, Kornet, Nuggets

June 29th, 2025 at 10:32am CST by Luke Adams

The Pistons and the Hawks have been described as the two best bets to sign Nickeil Alexander-Walker away from the Timberwolves when free agency gets underway, according to Marc Stein of The Stein Line (Substack link).

Both Detroit and Atlanta have previously been reported as potential suitors for Alexander-Walker, along with teams like the Clippers and Magic. The expectation is that he’ll command offers in the range of the full non-taxpayer mid-level exception, which will start at a projected $14.1MM. He might even end up getting more than that, tweets Jon Krawczynski of The Athletic.

While Minnesota has expressed a desire to retain Alexander-Walker, the club has already committed to Naz Reid on a lucrative new five-year deal and is expected to retain Julius Randle as well. Re-signing Alexander-Walker to a market-value contract would likely send the Wolves’ team salary soaring beyond the second tax apron.

As for the Pistons, there has been consistent reporting this week indicating that their free agent guard Dennis Schröder may end up signing with the Kings. While Schröder didn’t exactly confirm that this weekend during a Twitch stream, he suggested he’s unlikely to return to Detroit.

“I want to stay in Detroit for sure, but Detroit ain’t waiting for me, I can tell you that much,” Schröder said (Twitter video link). “Detroit ain’t waiting for me.”

Here’s more from Stein:

The Hornets and Grizzlies have been consistently mentioned as teams expected to pursue free agent guard Ty Jerome, according to Stein. Reporting earlier today indicated that Utah also may be in the mix for the Sixth Man of the Year finalist, who is now considered a “lock” to leave the Cavaliers, per Stein.
Sixers restricted free agent Quentin Grimes is expected to land a starting salary of at least $16MM, Stein reports. Assuming he gets that offer from Philadelphia, it would be enough to outbid any rival suitors that might be willing to give him the full non-taxpayer mid-level exception.
The Clippers, who are in the market for a center to back up Ivica Zubac, are considered a team to watch for free agent big man Luke Kornet, writes Stein.
The Nuggets, who are eyeing potential assistant coaches for David Adelman‘s staff, have been granted permission to interview Mavericks assistant Jared Dudley and have also exhibited “strong” interest in former NBA guard J.J. Barea, per Stein (Twitter links). Barea had been coaching the Guaynabo Mets in his native Puerto Rico over the past couple years before being let go last month.

Jazz Reportedly Interested In Ty Jerome

June 29th, 2025 at 8:51am CST by Arthur Hill

The Jazz are among the teams hoping to sign free agent guard Ty Jerome, league sources tell Grant Afseth of RG.

The Cavaliers would prefer to keep the 27-year-old shooting guard, who’s coming off the best season of his career. However, they made several moves this week that indicate they might be preparing for his departure.

Cleveland added backcourt depth on Saturday by agreeing to a trade that will send Isaac Okoro to Chicago in exchange for Lonzo Ball. The Cavs also drafted Duke guard Tyrese Proctor with the 49th pick on Thursday and reached an early free agent agreement with guard Sam Merrill.

Cleveland is currently projected to have a payroll well above the second apron in 2025/26. A new contract with Jerome would result in significant luxury tax penalties.

Utah, which is in the market for experienced backcourt help, looks like a natural suitor. Sources tell Afseth that Collin Sexton and Jordan Clarkson, who are both entering the final year of their contracts, are considered to be trade candidates this summer. He adds that the team has “explored scenarios” involving both players.

Afseth also points out that the Jazz opted to pass on point guard Jeremiah Fears in the draft, even though they had expressed interest in him during the pre-draft process. They took forward Ace Bailey instead, which leaves an opportunity to upgrade the backcourt through trades or free agency.

Jerome was a finalist for Sixth Man of the Year honors after averaging 12.5 points, 2.5 rebounds and 3.4 assists in 70 games.

Cavs, Sam Merrill Agree To Four-Year Deal

June 28th, 2025 at 1:20pm CST by Luke Adams

The Cavaliers and free agent guard Sam Merrill have agreed to a four-year, $38MM contract that will keep him in Cleveland, sources tell Shams Charania of ESPN.

After spending some time in Milwaukee and Memphis at the beginning of his NBA career, Merrill has been with the Cavs for the past two-plus seasons. He initially signing a 10-day contract in March 2023 before receiving a multiyear minimum-salary commitment that has turned into a bargain for Cleveland.

Merrill, 29, established himself as a regular rotation player in 2023/24 and continued to play consistent minutes for the Cavs in ’24/25 as they racked up 64 regular season wins. Across those two years, he averaged 7.5 points, 2.1 rebounds, and 1.6 assists in 18.7 minutes per game, with a 38.8% mark on 5.5 three-point attempts per night.

In addition to providing important floor spacing for the Cavs, Merrill took a step forward as a defender this past season, earning kudos from coaches and teammates for his effort on that side of the ball. He ranked 35th in our list of 2025’s top 50 free agents.

There was some uncertainty about whether Cleveland would be able to re-sign Merrill due to the team’s rising payroll. Chris Fedor of Cleveland.com (subscriber link) wrote this morning that there had been a “pessimistic tone coming from the organization” about its odds of retaining Merrill and/or his fellow free agent Ty Jerome, though Fedor did say that re-signing one of the two remained in play.

Given that the Cavs reached a trade agreement for a point guard (Lonzo Ball) earlier in the day and has now struck a deal with Merrill, the odds of Jerome re-signing look increasingly slim. He’s believed to be seeking a contract that starts at or around the $14.1MM non-taxpayer mid-level exception, according to Jake Fischer of The Stein Line (Substack link).

Already projected to operate over the second tax apron next season, Cleveland will now move even further above that threshold. Cap expert Yossi Gozlan (Twitter link) estimates that re-signing Merrill will increase the Cavs’ tax penalty next season by about $50MM, to nearly $143MM, though that number is just a projection and could increase or decrease depending on what other moves the teams make.

Knicks Notes: Free Agency, Diawara, Borrego, Coaching Search

June 27th, 2025 at 11:51am CST by Arthur Hill

Memphis shooting guard Luke Kennard and Detroit point guard Dennis Schröder are among the targets the Knicks could pursue in free agency, according to James L. Edwards III of The Athletic. Those are probably the best-case scenarios for New York given its limited resources, and there should be league-wide demand for both players, so the team may have to consider other options.

As Edwards explains, assuming they pick up Ariel Hukporti‘s $1.96MM option and decline a $3.5MM option on P.J. Tucker, the Knicks will have 10 players under contract with a total payroll of $196.3MM, which is already above the first apron and a little more than $10MM away from the second apron.

That leaves New York with the $5.7MM taxpayer mid-level exception and minimum-salary contracts to fill out the roster, possibly along with second-round pick Mohamed Diawara.

Other free agents Edwards mentions as MLE possibilities are Cleveland guard Ty Jerome, Phoenix guard Tyus Jones and former Orlando guard Gary Harris. He adds that Knicks free agents Landry Shamet and Delon Wright could return on minimum salaries and points to Charlotte guard Seth Curry and Indiana center Thomas Bryant as other potential minimum-salary additions.

There’s more from New York:

The Knicks haven’t decided if Diawara, a 20-year-old French power forward, will be with the team next season or if he’ll be stashed overseas, according to Stefan Bondy of The New York Post. A league source tells Bondy that the Frenchman is expected to play in the Las Vegas Summer League next month. Diawara didn’t put up great numbers in France this season, but Bondy notes that the Knicks are intrigued by his athleticism and his 7’4″ wingspan. Bondy also hears that New York attempted to trade up for the top pick in the second round to grab St. Joseph’s forward Rasheer Fleming, who went to Phoenix instead.
Pelicans associate head coach James Borrego‘s interview for the Knicks’ coaching vacancy will take place this weekend, according to Jake Fischer of The Stein Line (Twitter link). He’ll be the fourth candidate to interview, joining Taylor Jenkins, Mike Brown and Micah Nori.
Andy Miller, an NBA agent who represents several members of the Mavericks‘ coaching staff, recently criticized the Knicks for their unusual approach to their coaching search, which included asking permission to interview five head coaches who are already under contract, per Adam Zagoria of NJ.com. “I don’t really know where Jason Kidd is in his process with the Knicks,” Miller said on Sirius XM Radio, “because I don’t really know what the process is with the Knicks. … I don’t even know if the Knicks know what their process is.”

Windhorst: Suns Asked For Darius Garland In Kevin Durant Trade Talks

June 25th, 2025 at 3:04pm CST by Arthur Hill

The Suns contacted the Cavaliers about Darius Garland while trying to put together a Kevin Durant trade, NBA insider Brian Windhorst reported in a discussion with Chris Oldach of ESPN Cleveland (YouTube link).

Windhorst emphasizes that Phoenix initiated the trade talks, stating that Cleveland isn’t reaching out to teams in an effort to unload Garland. He adds that the Cavs’ response was to ask for Durant and “other assets” in a potential deal, which likely would have been “multiple first-round picks.” Presumably that would have included a 2029 first-rounder that originally belonged to Cleveland (though the Jazz now control swap rights on that first-rounder, so there’s no guarantee the Suns will end up with the Cavs’ pick).

Windhorst states that Phoenix “didn’t hang up the phone” when presented with that scenario. He also notes that the Cavaliers would have needed to offload salary before taking on Durant, stating that they contacted at least one team to see if there was interest.

Ultimately, the talks ended before getting serious because Durant didn’t want to play in Cleveland, according to Windhorst, who points out that the forward had a limited number of desired destinations, reportedly Houston, San Antonio and Miami.

Windhorst indicates that several teams in need of point guard help have made inquiries about Garland, who will make $39.5MM next season and is under contract through 2027/28. He also states that Garland “might have been on the verge of asking for a trade” last summer, but he’s now happy in Cleveland after putting together an All-Star season.

Windhorst expects the Cavs to make “an aggressive offer” to keep free agent guard Ty Jerome, which means Isaac Okoro or Dean Wade may have to be moved to clear up salary. He adds that the team won’t trade any of its stars to save money, but it will face difficult decisions while operating in second-apron territory.

Bontemps/Windhorst’s Latest: Durant, Clippers, Knicks, Jerome

June 13th, 2025 at 10:58am CST by Luke Adams

Kevin Durant said in February that he was “blindsided” when he learned that the Suns were discussing potential trades involving him without his knowledge, and sources tell ESPN’s Tim Bontemps and Brian Windhorst that there was some disagreement within the organization about how those talks were handled.

According to ESPN’s duo, that situation is one reason why Suns owner Mat Ishbia and new general manager Brian Gregory have spoken repeatedly about a desire for all of the team’s leaders to be in “alignment” going forward. It’s also why Durant and his manager Rich Kleiman are being kept in the loop during this summer’s trade talks.

Still, while the Suns would ideally like to find a deal that Durant is happy with, finding “alignment” with the star forward on that front is ultimately less important for the franchise than maximizing its return in any KD trade, as Bontemps and Windhorst observe. League sources who have spoken to ESPN believe Phoenix may have a hard time finding a package the front office will be satisfied with, though there’s still a sense a deal could get done before or during the draft.

Bontemps and Windhorst identify the Clippers as one potential dark-horse suitor to watch in the Durant sweepstakes, echoing an earlier report from John Gambadoro of Arizona Sports 98.7.

Here are a few more highlights from that ESPN report:

Due in part to a lack of high-end free agents and teams with cap room, one source who spoke to ESPN predicted the draft will be busier than normal in terms of trades and might even be the summer’s “high point of activity.”
The Knicks were declined permission to speak to five head coaches currently under contract with rival teams, but there’s a belief that those initial denials may not be the end of the team’s pursuit of Mavericks coach Jason Kidd and/or Bulls coach Billy Donovan, per Bontemps and Windhorst. K.C. Johnson of the Chicago Sports Network (Twitter link) has heard similar rumblings, but he says Donovan “isn’t going anywhere” and is “in Chicago to stay.” We wrote more on Thursday about why New York may not be ready to move on from Kidd right away.
While there’s an expectation around the NBA that it may take the full non-taxpayer mid-level exception ($14.1MM) to sign free agent guard Ty Jerome this summer, the Cavaliers are hopeful that he’ll be willing to re-sign in Cleveland for a little less than that, sources tell ESPN. With starting point guard Darius Garland coming off toe surgery, the Cavs may feel some added pressure to bring back Jerome, but the cost would be high, since the club projects to operate above the second tax apron and will face a substantial luxury tax bill.
In case you missed it, Bontemps and Windhorst also shared a handful of Bucks-related notes and rumors, which we rounded up in a separate story.

Garland’s Injury Could Place Pressure On Cavs To Re-Sign Jerome

June 9th, 2025 at 7:08pm CST by Dana Gauruder

Darius Garland‘s toe surgery could put more pressure on the Cavaliers to re-sign backup point guard Ty Jerome despite the high penalty they’d have to pay in luxury taxes, according to Joe Vardon of The Athletic.

Garland is likely to miss the preseason and some regular season games as he rehabs from the toe surgery he underwent on Monday.

Jerome, who served as Cleveland’s backup point guard this season, is one of the more intriguing free agents on a limited market. He is coming off a career year in which he was a finalist for the NBA Sixth Man of the Year award.

Jerome played a huge role in the Cavaliers’ regular season success that buoyed them to the top seed in Eastern Conference playoffs. Jerome averaged 12.5 points and 3.4 assists per game while shooting 43.9 percent on his three-point attempts in 70 regular-season appearances. His playing time diminished during the second round against Indiana due to shooting woes, defensive issues and turnovers.

He is projected to get offers with a first-year salary at or near the projected non-taxpayer mid-level exception of $14.1MM.

Jerome, who made $2.6MM this season, is eligible for a four-year contract worth up to $63MM from Cleveland, which holds his Early Bird rights. However, the $14.3MM salary he would make on such a deal would cost the Cavs $80MM of luxury taxes since they’re projected to operate above the second tax apron next season, Vardon writes, citing an ESPN analysis.

Being above the second apron severely limits teams ability to sign quality free agents and make trades, which could give more incentive for Cleveland to retain Jerome.

The Spurs, Mavericks, Nuggets and Warriors are among the teams that have been mentioned as possible suitors for the 27-year old, who had previous stints with Phoenix, Oklahoma City and Golden State.