Transactions Rumors | Hoops Rumors

Nuggets Sign Russell Westbrook To Two-Year Deal

July 26th, 2024 at 10:11pm CST by Luke Adams

10:11pm: The Nuggets have officially signed Westbrook, according to a team press release.

1:05pm: The Nuggets will sign veteran point guard Russell Westbrook to a two-year contract, according to Shams Charania of The Athletic (Twitter link).

Denver has long been the expected landing spot for the former MVP, but the details of Westbrook’s new deal hadn’t been reported until now. The 35-year-old earn the minimum salary of $3,303,771 in 2024/25, with a minimum-salary player option worth $3,468,960 for ’25/26. He could become a free agent again in a year if he declines that option.

After joining the Clippers on the buyout market in February 2023, Westbrook spent his first full season with the team in ’23/24, shifting to a bench role following the November acquisition of James Harden. In 68 appearances, the nine-time All-Star averaged 11.1 points, 5.0 rebounds, and 4.5 assists in a career-low 22.5 minutes per game, with a shooting line of .454/.273/.688.

Although Westbrook exercised his $4MM+ player option for 2024/25, his camp and the Clippers quickly began working to find a new home for the former UCLA star. The Nuggets, whose star center Nikola Jokic endorsed the pursuit of Westbrook, were immediately identified as the frontrunner but weren’t in a great position to acquire the guard via trade.

Instead, Westbrook was sent to Utah as part of a deal sending Kris Dunn to the Clippers via sign-and-trade. He subsequently agreed to a buyout with the Jazz, clearing the way for him to sign with Denver as a free agent.

Westbrook is on track to serve as Jamal Murray‘s primary backup at the point and will play a significant role next season for a Nuggets team that struggled to find reliable depth outside of its starting five in the playoffs this past spring.

Trey Jemison Claimed By Pelicans

July 26th, 2024 at 6:20pm CST by Dana Gauruder

The Pelicans have claimed Trey Jemison off waivers, Michael Scotto of Hoops Hype tweets. The Grizzlies placed the big man on waivers on Wednesday in order to make room for Jay Huff.

Jemison was on a two-way contract with Memphis. He signed a 10-day contract with the Grizzlies in January, then agreed to a two-year, two-way deal when that contract expired.

He earned regular minutes down the stretch on a Memphis roster hit hard by injuries, averaging 7.4 PPG, 5.8 RPG, and 1.2 BPG in 23 games (24.9 MPG).

With the free agent loss of Jonas Valanciunas, New Orleans has been busy this summer adding other options. They Pelicans signed free agents Daniel Theis and Karlo Matkovic and drafted Yves Missi. Jemison gives them yet another option in the middle.

Jemison, who also played two games with Washinigton last season, went undrafted out of UAB.

New Orleans has two other players —Malcolm Hill and Jamal Cain — signed to two-way deals, so Jemison will fill the third slot.

Suns To Trade David Roddy To Hawks For E.J. Liddell

July 26th, 2024 at 4:00pm CST by Dana Gauruder

The Suns and Hawks have agreed to a minor trade, according to ESPN’s Adrian Wojnarowski, who reports (via Twitter) that Phoenix is sending forward David Roddy to Atlanta in exchange for forward E.J. Liddell.

It’s a cost-saving move for Phoenix, which is above the second tax apron and cannot take in more salary than it ships out in a trade.

Liddell has a $2.1MM contract and a $2.3MM salary for 2025/26 that includes a club option. Roddy has a $2.8MM salary and a $4.8MM salary for 2025/26 which also includes a team option. Atlanta has until October 31st to exercise its option on Roddy’s 2025/26 contract, ESPN’s Bobby Marks notes (Twitter link).

Roddy was shipped from Memphis to Phoenix in a three-team deal at last season’s trade deadline. The 23rd overall pick of the 2022 draft will be entering his third season. He started 13 of 48 games for the banged-up Grizzlies last season, averaging 8.4 points, 4.2 rebounds and 1.4 assists in 23.7 minutes per contest. He saw less action in a Suns uniform, appearing in 17 games off the bench and averaging just 3.7 minutes in those outings.

It remains to be seen how Roddy slots in to the Hawks’ plans, since they have a number of options at both forward spots. It stands to reason they value him over Liddell, since they’ll add some salary in this transaction. Indeed, Lauren Williams of the Atlanta Journal Constitution reports via a person familiar with the trade that the Hawks view Roddy as a better fit than Liddell.

Liddell, a 2022 second-rounder out of Ohio State, has only been Atlanta property since July 6. He was thrown into the Dejounte Murray blockbuster with New Orleans.

Liddell had his rookie season delayed by a devastating right knee injury in July 2022. Last season, he appeared in just eight games off the bench for New Orleans. He played 26 games for the G League Birmingham Squadron, averaging 17.6 points, 7.9 rebounds and 1.9 blocks.

Spurs Re-Sign David Duke Jr. On Two-Way Deal

July 26th, 2024 at 3:40pm CST by Luke Adams

3:40pm: The Spurs have officially re-signed Duke to a two-way contract, the team confirmed today in a press release.

1:54pm: Free agent guard David Duke Jr. will return to San Antonio, having agreed to sign a new two-way contract with the Spurs, agents Todd Ramasar and Mike Simonetta tell Adrian Wojnarowski of ESPN (Twitter link).

Duke, 24, signed a two-way deal with the Spurs last December and spent the rest of the season on that contract. He appeared in just four games at the NBA level for San Antonio, with all of those appearances coming during the final week of the regular season.

Up until that point, Duke had been playing for the Austin Spurs in the G League. He appeared in 34 regular season contests for the NBAGL club, averaging 19.9 points, 6.7 rebounds, and 4.5 assists in 33.3 minutes per game, with a shooting line of .449/.377/.788.

The Spurs didn’t issue Duke a qualifying offer at the end of the season, but apparently retained interest in bringing him back nonetheless. Since the 6’5″ guard spent two seasons in Brooklyn from 2021-23 to start his career, his two-way contract will only cover the 2024/25 season — he wouldn’t be eligible for a two-way deal in ’25/26 once he has four years of NBA service under his belt.

Duke will join Jamaree Bouyea as the Spurs’ two-way players for now. Second-round pick Harrison Ingram is considered the favorite to fill the third open two-way slot.

Mavericks To Sign Kessler Edwards To Two-Way Contract

July 26th, 2024 at 1:40pm CST by Luke Adams

Free agent forward Kessler Edwards has agreed to a sign a two-way contract with the Mavericks, reports Shams Charania of The Athletic (Twitter link).

Edwards, who will turn 24 in August, spent the last season-and-a-half in Sacramento and appeared in 54 games for the Kings last season. However, his role was extremely limited. He averaged just 5.1 minutes per game off the bench, often seeing action in garbage time.

The 6’8″ forward had his best season in the NBA as a rookie in 2022/23, when he averaged 5.9 points and 3.6 rebounds in 20.6 minutes per game across 48 outings (23 starts) for the Nets. He posted a .412/.353/.842 shooting line that season.

Edwards was eligible for restricted free agency this summer, but the Kings opted not to issue him a qualifying offer, making him an unrestricted free agent.

A former Pepperdine standout, Edwards will join Alex Fudge and Brandon Williams as Dallas’ players on two-way contracts.

Pacers Sign Andrew Nembhard To Three-Year Extension

July 26th, 2024 at 11:39am CST by Luke Adams

JULY 26: Nembhard’s extension with the Pacers is official, according to NBA.com’s transaction log.

JULY 24: The Pacers and guard Andrew Nembhard have agreed to terms on a three-year contract extension, agents Todd Ramasar and Jaafar Choufani tell ESPN’s Adrian Wojnarowski.

The new deal will begin in 2025/26, replacing Nembhard’s team option for that season. According to Wojnarowski, it’ll be worth the maximum amount that the Pacers guard can receive on a three-year extension based on NBA rules (140% of this season’s $12.93MM estimated average salary, with 8% annual raises).

Nembhard will earn a starting salary of approximately $18.1MM in ’25/26 and a total of $58.65MM across the three seasons. The 24-year-old is making a minimum salary of about $2.02MM in the final year of his current contract in ’24/25.

The 31st overall pick in the 2022 draft, Nembhard has started 110 of 143 games for the Pacers since entering the league, posting averages of 9.3 points, 4.3 assists, and 2.4 rebounds in 26.4 minutes per contest, with a shooting line of .467/.353/.797.

While he typically starts alongside star point guard Tyrese Haliburton, the former Gonzaga standout also shares backup point guard duties with T.J. McConnell, taking on additional ball-handling responsibilities when he’s not on the floor with Haliburton.

As Wojnarowski points out, Nembhard was Indiana’s top performer when Haliburton was unavailable in Games 3 and 4 of the Eastern Conference Finals this spring due to an injury. He averaged 28.0 PPG, 9.5 APG, and 5.0 RPG on .564/.538/1.000 shooting in those two single-possession losses to the eventual champion Celtics.

Nembhard’s deal will be the third long-term contract handed out to a key rotation piece by the Pacers this offseason. Pascal Siakam received a four-year, maximum-salary deal, while Obi Toppin signed a four-year, $58MM pact. Haliburton’s five-year max extension, signed in 2023, also takes effect this season.

Nembhard will be suiting up at the Olympics in Paris this summer, providing depth in a loaded Canadian backcourt headlined by Shai Gilgeous-Alexander and Jamal Murray.

Rockets Sign Jack McVeigh To Two-Way Contract

July 25th, 2024 at 6:10pm CST by Dana Gauruder

JULY 25: McVeigh’s two-way contract with the Rockets is now official, per Jonathan Feigen of The Houston Chronicle (Twitter link).

JULY 15: Australian forward Jack McVeigh has agreed to a two-way deal with the Rockets, ESPN’s Olgun Uluc reports.

The 6’8” McVeigh, 28, is coming off the best season of his professional career with the Tasmania JackJumpers. He led them to the 2024 NBL Championship and earned Championship Series MVP honors. Over the 2023/24 NBL season, McVeigh averaged 16.5 points and 5.4 rebounds per game for the JackJumpers, shooting 52.5% from the field and 36.4% from beyond the arc.

McVeigh is a member of the 12-man Australian Boomers team for the 2024 Paris Olympics. He had nine points in Australia’s exhibition loss to Team USA on Monday.

McVeigh spent four seasons at the University of Nebraska-Lincoln before beginning his professional career in the NBL.

Rockets big man Jock Landale is also on the Australian national team.

The Rockets had one opening for another two-way player. Jeenathan Williams and N’Faly Dante hold the other two-way deals.

Pacers Re-Sign James Johnson To One-Year Deal

July 25th, 2024 at 5:46pm CST by Luke Adams

JULY 25: The Pacers have officially re-signed Johnson, the team confirmed today in a press release.

JULY 24: The Pacers are bringing back James Johnson, according to Adrian Wojnarowski of ESPN (Twitter link), who hears from agent Mark Bartelstein that the veteran forward has agreed to a one-year, $3.3MM deal with Indiana.

Johnson, 37, has played for 10 NBA teams since entering the league as the 16th overall pick in the 2009 draft, but he hasn’t signed with any club besides the Pacers since September 2022. He has been on and off Indiana’s roster since his initial arrival — this will be the seventh contract he has signed with the team in the last two years.

Johnson has only appeared in 27 games as a Pacer, averaging a modest 2.2 points and 1.3 rebounds in 7.7 minutes per game during those outings. However, he’s valued within the organization for his toughness, veteran leadership, and presence in the locker room.

The minimum salary for a player with Johnson’s years of service is $3,303,771, so it’s safe to assume that’s what his contract will be worth. The Pacers will carry a cap hit of $2,087,519, with the league picking up the balance.

It’s unclear if the deal will be fully guaranteed. Last season, Johnson signed a non-guaranteed minimum-salary contract with the Pacers in December, was waived in January before it became fully guaranteed, then was brought back on a pair of two-way contracts and eventually a rest-of-season agreement.

Prior to officially signing Johnson, the Pacers are carrying 12 players on fully guaranteed salaries for 2024/25, with James Wiseman on a partially guaranteed deal and Kendall Brown on a non-guaranteed contract.

Nets To Sign Killian Hayes

July 25th, 2024 at 5:20pm CST by Luke Adams

5:20pm: Hayes’ deal with the Nets will be a non-guaranteed Exhibit 10 contract, tweets Stefan Bondy of The New York Post.

4:25pm: The Nets have agreed to a deal with former lottery pick Killian Hayes, according to Shams Charania of The Athletic, who reports (via Twitter) that Hayes will sign a one-year contract and will have an opportunity to compete for a regular season roster spot in Brooklyn.

The seventh overall pick in the 2020 draft, Hayes spent three-and-a-half seasons with the Pistons before being waived this February at the trade deadline. He has been an unrestricted free agent since then.

Hayes, who will turn 23 on Saturday, entered the NBA with a reputation for being a solid defender and passer whose offensive game was a work in progress, and that’s essentially still the case, as his shooting percentages increased only marginally over the course of his four years in the league.

Hayes averaged 6.9 points, 4.9 assists, and 2.8 rebounds in 24.0 minutes per game across 42 appearances (31 starts) this past season, with a shooting line of .413/.297/.660. Those field goal and three-point percentages actually represent career bests. His career NBA averages are 8.1 PPG, 5.2 APG, and 2.9 RPG on .382/.277/.775 shooting in 210 games (145 starts).

While the exact details of Hayes’ deal have yet to be reported, it’ll almost certainly be a minimum-salary contract. And since he isn’t assured of a 15-man roster spot, I’d expect his salary to either be non-guaranteed or to include just a modest partial guarantee.

The Nets are carrying 15 players on standard contracts prior to officially signing Hayes. Of those players, 13 are on fully guaranteed deals. Keon Johnson has a $250K partial guarantee, while Jalen Wilson has a partial guarantee of $75K.

Anthony Gill Re-Signs With Wizards

July 25th, 2024 at 1:58pm CST by Dana Gauruder

1:58pm: While we don’t yet know the terms of the contract, Gill has officially re-signed with the Wizards, according to NBA.com’s transactions log.

10:25am: Free agent forward Anthony Gill is re-signing with the Wizards, ESPN’s Tim Bontemps tweets.

Gill, 31, has played the last four seasons with Washington. Last season, he appeared in 50 games (three starts) and averaged 3.8 points and 1.9 rebounds in 9.3 minutes per contest.

Gill reached double figures in points in six of the last 11 games of the season when he saw regular playing time on a depleted roster. His two-year, veteran’s-minimum deal expired at the end of the season.

He’ll add depth, experience and leadership to a mostly young roster. No details of the agreement have been reported but the addition of Gill would give the Wizards 19 players on their training camp roster, including 17 on standard contracts. Two of those players on standard deals (Eugene Omoruyi and Jared Butler) have non-guaranteed salaries.

Over his four-year career, Gill has averaged 3.6 points and 1.8 rebounds in 9.9 minutes per game across 179 outings.

Gill had reportedly drawn interest from multiple European teams, including Barcelona and Anadolu Efes, but preferred to remain in the NBA. Gill started his professional career in Europe, having played for Russian club Khimki from 2017-20 after going undrafted out of Virginia.