Tyrone Wallace Rumors | Hoops Rumors

Clippers Match Offer Sheet For Tyrone Wallace

September 5th, 2018 at 8:25pm CST by Dana Gauruder

The Clippers have matched the Pelicans’ offer sheet for guard Tyrone Wallace, according to a team press release.

“We identified Tyrone as a versatile, competitive and tough-minded player who adds to the organizational culture,” Clippers president of basketball operations Lawrence Frank said in a statement. “Ty worked hard with our staff at Agua Caliente and Los Angeles, and his growth has been a reflection of his commitment to getting better. Together with our team’s player development program, Ty demonstrated impressive improvement and contributed meaningfully to our team last season. We are excited to welcome Ty back to the Clippers.”

The Pelicans signed Wallace on Monday to an offer sheet worth the veteran’s minimum, approximately $2.9MM over two years. The Clippers had two days once Wallace signed the offer sheet to decide whether to match it or let him go.

It was generally assumed the Clippers wouldn’t match the offer sheet for the 6’5” restricted free agent, who played last season on a two-way deal. With Wallace back in the mix, the Clips now have 15 players with guaranteed deals, plus non-guaranteed contracts for Wallace and Patrick Beverley, so they’ll have to trade or release a couple of those players by the end of the preseason.

Still, as ESPN cap expert Bobby Marks points out (via Twitter), even though retaining Wallace doesn’t help the Clippers clear their roster logjam, there’s little risk involved in bringing him back for the time being. His new deal features a partial guarantee of $300K (as of September 12), but won’t become fully guaranteed until the new year, and the second season is fully non-guaranteed, with no trigger dates.

The Clippers will now have the opportunity to evaluate Wallace and the rest of their roster in training camp, and will only be out $300K if they decide that the second-year guard isn’t part of their plans after all. That wouldn’t be a terrible outcome for Wallace either, as he’d have the opportunity to reach unrestricted free agency after having collected $300K for a few weeks of work.

With 17 players now vying for 15 spots in L.A., Jawun Evans‘ roster spot becomes even more precarious. The 6’0″ Evans has a guaranteed contract, but it’s only worth the minimum and doesn’t feature any guaranteed money beyond 2018/19. The Clippers also have numerous point guard options, including Patrick Beverley, Avery Bradley, Milos Teodosic, and Shai Gilgeous-Alexander.

Photo courtesy of USA Today Sports Images.

Clippers’ Decision On Tyrone Wallace Due Soon

September 5th, 2018 at 8:51am CST by Luke Adams

The Clippers have until the end of Wednesday to decide whether or not to match the Pelicans‘ offer sheet for Tyrone Wallace, according to Keith Smith of RealGM.com (Twitter link), who hears from a source that L.A. received the signed offer sheet on Monday. RealGM’s log of NBA transactions confirms that Wallace signed his offer sheet with New Orleans on September 3.

Under the NBA’s current Collective Bargaining Agreement, a team has just two days after receiving an offer sheet to decide whether or not to exercise the right of first refusal. If the Clippers decide not to match the Pelicans’ offer for Wallace, his deal with New Orleans will become official.

Wallace, who finished last season on a two-way contract with the Clippers, received a qualifying offer from the team in June. For two-way players, a qualifying offer is equivalent to another two-way contract offer, with a $50K guarantee. So even though the reported terms of Wallace’s deal with the Pelicans are modest – the veteran’s minimum for two years, with a $300K partial guarantee due next week – they’re more player-friendly than his QO from L.A.

Matching Wallace’s offer sheet wouldn’t cost the Clippers much financially, but a roster logjam makes it unlikely that they’ll bring back the former second-round pick. For now, the Clippers have 15 players with guaranteed salaries, plus Patrick Beverley on a non-guaranteed deal, so they’ll already have to trade or release one veteran on a guaranteed contract to reach the 15-man regular season limit. Retaining Wallace would force the club to make another preseason roster decision.

Additionally, the Clippers’ backcourt is so crowded that there probably wouldn’t be many minutes available for Wallace if he were to return to Los Angeles. Beverley, Lou Williams, Avery Bradley, Milos Teodosic, Shai Gilgeous-Alexander, Jerome Robinson, Sindarius Thornwell, and Jawun Evans are all currently under contract with the franchise.

Pelicans, Tyrone Wallace Agree To Offer Sheet

September 4th, 2018 at 12:42pm CST by Luke Adams

SEPTEMBER 4, 12:42pm: Wallace’s two-year offer sheet with the Pelicans will feature a $300K partial guarantee as of September 12, according to Shams Charania of The Athletic (Twitter link).

SEPTEMBER 3, 11:55am: The Pelicans’ offer sheet for Wallace is a two-year, minimum salary deal that is partially guaranteed, sources tell ESPN’s Ian Begley (Twitter link). The cap hits would be $1,349,383 for year one and $1,588,231 for year two.

SEPTEMBER 3, 11:26am: The Pelicans have reached an agreement with restricted free agent guard Tyrone Wallace, according to Shams Charania of The Athletic, who reports (via Twitter) that Wallace will sign an offer sheet with New Orleans.

Wallace finished the 2017/18 season on a two-way contract with the Clippers, who extended a qualifying offer to the rookie guard. The 24-year-old isn’t a traditional restricted NBA free agent like Rodney Hood or Patrick McCaw, but he’s a two-way RFA, which essentially gives the Clips the same rights — they’d have the opportunity to match the Pelicans’ offer sheet.

A former second-round pick out of the University of California, Wallace made his NBA debut for the Clippers last season after signing a two-way deal with the club, and became a crucial part of L.A.’s rotation. In total, Wallace appeared in 30 games (19 starts), averaging 9.7 PPG, 3.5 RPG, and 2.4 APG in 28.4 minutes per contest.

Wallace was one of a handful of point guards to work out for the Pelicans in August as the club sought depth at the position. Ty Lawson, Darius Morris, and Erick Green were among the other free agents who earned a look from New Orleans, but the team apparently liked what it saw from Wallace. If the Pelicans add Wallace or another point guard to their regular season roster to join Elfrid Payton and Frank Jackson, it would allow Jrue Holiday to see more action off the ball.

Assuming Wallace officially signs his agreed-upon offer sheet with the Pelicans, the Clippers would have two days to decide whether or not to match it. The Clips already have an overcrowded backcourt and a full roster, so they may simply let Wallace go. Still, the Pelicans’ cap flexibility is limited and their offer will have to be for the minimum salary, so it’s not out of the question that L.A. would match the offer and figure out its roster logjam later.

The Clippers currently have 15 players on guaranteed salaries, plus Patrick Beverley‘s non-guaranteed contract.

Photo courtesy of USA Today Sports Images.

Western Rumors: Rozier, Williams, Durant, Rockets

September 3rd, 2018 at 5:41pm CST by Dana Gauruder

The Celtics’ Terry Rozier and the Nets’ Spencer Dinwiddie are two of the logical trade targets for the Suns in their search for a point guard, according to Frank Urbina of HoopsHype. Rozier is a solid two-way player coming off a career year but the Suns would likely have to offer a package that included an unprotected first-rounder to catch Boston’s attention. A trade for Dinwiddie would be more plausible and he’d be a good fit with Phoenix considering his size, perimeter shooting and pick-and-roll prowess, Urbina continues. The Clippers’ Patrick Beverley, the Cavaliers’ George Hill and the Hornets’ Kemba Walker are some of the other names Urbina throws out as potential targets. The Suns are searching for a starting point guard after trading away Brandon Knight to the Rockets last week.

We have more from the Western Conference:

The Pelicans signed Troy Williams, Kenrich Williams and Garlon Green to partially-guaranteed contracts in the hope of finding one reliable small forward, Scott Kushner of the New Orleans Advocate notes. That trio will compete for a roster spot, though the potential addition of swingman Tyrone Wallace — signed to an offer sheet on Monday — could change that. “They just told me they’re bringing some guys in and having them go head-on to see who wins a spot,” Kenrich Williams told Kushner.
By buying out Luol Deng‘s contract and using the stretch provision, the Lakers gave themselves a chance to offer Kevin Durant a max salary in free agency, as Eric Pincus of Basketball Insiders examines. The Lakers now project to have $38.2MM in cap space, which would be just enough to afford Durant, Pincus continues. If they can’t land Durant, they’ll certainly have enough to bring in another All-Star level talent. Other high-level potential free agents, including Kawhi Leonard, Klay Thompson, DeMarcus Cousins, Jimmy Butler, Walker and Kyrie Irving, could command a first-year salary of $33MM, leaving the Lakers with another $5MM to spend in other ways, Pincus adds.
The Rockets took a frugal approach this summer and it could cost them a title, Tim Bontemps of the Washington Post opines. They traded away Ryan Anderson and allowed two key wing players to walk in free agency. In turn, they signed three players on veteran’s minimum deals and adding a couple of bench players in the Anderson trade, Bontemps notes. So while Houston execs had said they were unconcerned about the luxury tax, their actions showed they wanted to save some money, Bontemps adds.

Lawson, Wallace Work Out For Pelicans

August 24th, 2018 at 7:43pm CST by Dana Gauruder

Point guard Ty Lawson and shooting guard Tyrone Wallace worked out for the Pelicans this week, Alex Kennedy of HoopsHype tweets.

New Orleans already has a fairly crowded roster with 12 players on guaranteed contracts and six others with partially- or non-guaranteed deals.

Lawson spent most of the 2017/18 season in China playing for the Shandong Golden Stars. In 46 Chinese League contests, he averaged 25.5 PPG, 6.5 APG, and 2.2 SPG, shooting 40.1% on 3-point attempts.

He then signed with the Wizards on the last day of the regular season, making him eligible for the postseason. He appeared in five playoff games this spring, averaging 5.8 PPG and 3.0 APG in 19.2 MPG.

New Orleans has Jrue Holiday, Elfrid Payton and Frank Jackson as point guard options, though Jackson has yet to appear in an NBA game due to injuries.

Wallace, 24, appeared in 30 games, including 19 starts, for the Clippers on a two-way contract last season. He averaged 9.7 PPG, 3.5 RPG and 2.4 APG in 28.4 MPG. He’s a restricted free agent, since the Clippers extended a qualifying offer to him in late June.

The Pelicans have numerous shooting guards on the roster, including E’Twaun Moore, Ian Clark, Kenrich Williams and two-way player Trevon Bluiett.

Free Agent Rumors: LeBron, Capela, Pelicans, Hood

July 1st, 2018 at 1:59am CST by Luke Adams

While several key free agents – including Paul George and Chris Paul – reached agreements in the early hours of free agency, LeBron James wasn’t among that group. Still, there’s a little news on James.

According to ESPN’s Dave McMenamin (via Twitter), Cavaliers general manager Koby Altman spoke to both James and agent Rich Paul on the phone when free agency began. Joe Vardon of Cleveland.com first reported (via Twitter) that the discussion was expected to happen.

The specifics of that conversation aren’t known, but the Cavaliers are still believed to be in the mix to sign the summer’s top free agent, though the Lakers are widely considered favorites.

Here are a few more free agent updates from around the NBA:

The Rockets‘ front office will meet with Clint Capela and his representatives on Sunday in Los Angeles, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Capela figures to be Houston’s top priority in free agency now that the team has reached a deal with Chris Paul.
Pelicans GM Dell Demps has asked some of his current players to reach out to free agent Tyreke Evans about the possibility of returning to New Orleans, tweets John Martin of 92.9 ESPN. Evans would be a mid-level exception candidate for the Pels.
Rodney Hood received calls from approximately six teams early in free agency, sources tell Jordan Schultz of Yahoo Sports (Twitter link). Hood is a restricted free agent, so the Cavaliers can match any offer sheet he signs.
The Timberwolves, Rockets, Knicks, and Spurs have all shown interest in Trevor Booker, according to Alex Kennedy of HoopsHype, who tweets that a return to the Pacers is also still in play for the veteran forward.
Tyrone Wallace, who spent last season on a two-way contract with the Clippers, has generated interest from about a half-dozen teams, tweets ESPN’s Bobby Marks. Wallace received a qualifying offer from the Clips, who will be able to match any offer sheet he signs.

Montrezl Harrell, Tyrone Wallace Receive Qualifying Offers

June 28th, 2018 at 10:15pm CST by Austin Kent

The Clippers have tendered a qualifying offer to forward Montrezl Harrell, RealGM’s Keith Smith tweets. The third-year big man averaged 11.0 points and 4.0 rebounds per game on the season but saw his production climb steadily and significantly over the course of the campaign.

Harrell, a 2015 second-round pick, joined the Clippers in the flurry of deals prior to the Rockets’ acquisition of Los Angeles guard Chris Paul last June. The 24-year-old now stands to be a prominent part of L.A.’s rotation heading forward.

The extension of the $1.8MM qualifying offer will make Harrell a restricted free agent on July 1, giving the Clippers the opportunity to match any offer sheets that come in for his services.

The Clippers also tendered an offer to two-way guard Tyrone Wallace, Smith reports.

L.A. Notes: Wallace, Williams, Ball, Ingram

April 10th, 2018 at 9:04am CST by Luke Adams

Rather than bringing in an outside free agent to fill the open spot on their 15-man roster, the Clippers opted to elevate one of their players on two-way contracts. According to Broderick Turner of The Los Angeles Times (Twitter link), the Clippers engaged with Tyrone Wallace‘s reps about a possible deal, but weren’t able to get close to an agreement, leaving C.J. Williams as the logical choice.

Williams signed a new three-year deal with the franchise on Monday, and the 28-year-old was emotional when he met with his parents to tell them about his new NBA deal, as Turner writes in a piece for The Times.

“When I got there, I couldn’t get the words out,” Williams said. “I was crying. So my parents are like, ‘What’s wrong? What’s wrong? Oh, my God, what’s wrong? What’s going on? What’s going on?’ I’m like, ‘I got the deal done!’ They were like, ‘Boy!’ I scared them at first. They kind of realized what I was trying to do. It was a great moment.”

Per Turner, Williams’ new contract isn’t fully guaranteed for the second and third years, but he’ll receive some partial compensation beyond this season.

Here’s more out of Los Angeles:

A pair of former No. 2 overall picks, Lonzo Ball and Brandon Ingram, may not make it back from injuries for the Lakers‘ final two games, writes Bill Oram of The Orange County Register. Ball, who is listed as questionable for Tuesday’s contest, appears more likely than Ingram to return for at least one of L.A.’s last two games, but it’s no lock.
In an Insider-only article for ESPN.com, Bobby Marks previews the Lakers‘ upcoming offseason, exploring Julius Randle‘s restricted free agency, the cost of trading Luol Deng, and the team’s need for a Plan B if it can’t land a premier free agent. Marks, who has plenty of experience in an NBA front office, believes the Lakers would need to attach two first-round picks to Deng in order to dump his contract.
Dan Woike of The Los Angeles Times takes a look at the latest developments in a legal battle between Madison Square Garden Co. – the owners of The Forum in Los Angeles – and the city of Inglewood, plus Clippers-controlled company Murphy’s Bowl LLC. The case is related to the Clippers’ interest in constructing a new arena in Inglewood.

L.A. Notes: Ingram, Lakers, Clippers, Kilpatrick

March 5th, 2018 at 2:47pm CST by Luke Adams

The Lakers will be without former No. 2 overall pick Brandon Ingram for at least the next two or three games, the team confirmed today, announcing in a press release that the second-year forward has been diagnosed with a left groin strain. Ingram, who sat out Saturday’s contest vs. San Antonio, will be re-evaluated in about a week, according to the team.

Here are a few more Lakers and Clippers notes from out of Los Angeles:

While the Lakers‘ playoff chances are extremely slim, the progress they’ve made this season is “undeniable and significant to their future,” says Bill Oram of The Orange County Register. As Oram notes, the team’s growth is important not just for its young players but for its ability to attract free agents in the offseason.
Ohm Youngmisuk of ESPN also examines the growth of the Lakers‘ young players, who have done well pushing through adversity.
It sounds like the Clippers haven’t entirely ruled out the possibility of signing a two-way player like Tyrone Wallace or C.J. Williams to an NBA contract, but the team didn’t want to wait on those negotiations, opting to fill its open roster spot with Sean Kilpatrick, as Elliott Teaford of The Daily Breeze writes. “We’re trying to make the playoffs here,” head coach Doc Rivers said. “We’re going to try to sign who we think is the best fit for our team. If Sean comes in and earns it, it’ll be his job. Or we’ll go back to the C.J.s or the Tys. We like them all. We just have to figure out who’s the best fit.”
The Clippers are $545K below the luxury tax line after signing Kilpatrick to a 10-day deal, reports ESPN’s Bobby Marks. That gives the team some breathing room to eventually sign someone to a rest-of-season contract without going into the tax.

Clippers Won’t Convert Ty Wallace’s Contract

March 4th, 2018 at 7:48pm CST by Dana Gauruder

The Clippers have decided against converting Tyrone Wallace‘s two-way contract into a standard contract, Brad Turner of the Los Angeles Times tweets.

Wallace reached his 45-day NBA limit at the beginning of the month and now must remain in the G League under the end of its season. The Clippers need to sign him for the rest of the season or give him a 10-day contract in order for him to return to the NBA — the team still has several weeks before the deadline to convert Wallace’s deal, but it appears the decision has been made.

If the Clippers reach the postseason, they will not be able to add him to the postseason roster. He will become a restricted free agent this summer.

Wallace signed with the Clippers in early January after they waived Jamil Wilson and was productive. He averaged 10.1 PPG, 3.4 RPG and 2.5 APG in 21 games with the Clippers. The 6’5” shooting guard was a second-round pick by the Jazz in 2016.