As anticipated, the Rockets are picking up the option on Jae’Sean Tate‘s contract for next season, according to Jonathan Feigen of the Houston Chronicle.
Tate will earn $1,782,621 next season, according to Spotrac.
It was a mere formality that Houston would exercise that option on a rotation player. Tate started 77 of 78 games in which he appeared last season, averaging 11.8 PPG, 5.4 RPG and 2.8 APG.
Tate will now be a restricted free agent next summer.
Undrafted Orlando Robinson is joining the Heat’s summer league team, ESPN’s Adrian Wojnarowski tweets. He’s receiving an Exhibit 10 contract, Ira Winderman of the South Florida Sun Sentinel tweets.
The Fresno State center averaged 19.4 PPG, 8.4 RPG, and 2.9 APG on .484/.352/.716 shooting in 36 games (33.2 MPG) as a junior last season.
Exhibit 10 deals, which are non-guaranteed, can be converted into two-way contracts before the regular season begins and also make a player eligible for a bonus of up to $50K if he’s waived and then joins his team’s G League affiliate.
Undrafted rookie Eli Brooks is signing an Exhibit 10 deal with the Pacers, his father tells Andrew Kahn of MLive.com. Brooks will also compete in Summer League for Indiana, Kahn adds.
Brooks, a 6’1″ guard, appeared in 34 games (36 MPG) as a fifth-year senior last season, averaging 12.8 PPG, 3.7 RPG, 2.9 APG and 1.2 SPG on .444/.394/.877 shooting. According to Kahn, Brooks is the Wolverines’ all-time leader in wins and was team captain in his final two seasons.
Exhibit 10 deals, which are non-guaranteed, can be converted into two-way contracts before the regular season begins and also make a player eligible for a bonus of up to $50K if he’s waived and then joins his team’s G League affiliate.
Garrison Brooks, an undrafted rookie, is signing an Exhibit 10 contract with the Knicks, reports Andrew Slater of Pro Insight (via Twitter).
Brooks, who turns 23 next week, used his extra season of college eligibility to transfer to Mississippi State last season after four years with North Carolina. In 34 games (30.3 MPG) in his final season, he averaged 10.4 PPG and 6.6 RPG on .458/.342/.692 shooting.
Brooks’ best college season statistically came back in 2019/20 for the Tar Heels, when he averaged 16.8 PPG, 8.5 RPG and 2.0 APG in 32 games (34.9 MPG). He earned a spot on the All-ACC Second Team and was named the league’s Most Improved Player for his efforts.
On an Exhibit 10 contract, the Knicks could convert Brooks to a two-way contract or give him a bonus of up to $50K if he becomes an affiliate player for the Westchester Knicks, their G League team.
The Timberwolves are signing Phillip Wheeler to an Exhibit 10 deal, his agent Jerry Dianis tells ESPN’s Jonathan Givony (via Twitter).
Wheeler will play for the Puerto Rican national team next week and plans to join Minnesota for Summer League action next month, tweets Jon Krawczynski of The Athletic.
In 28 games (30.6 MPG) with Piratas de Quebradillas of the Puerto Rican BSN league, the forward holds averages of 17.3 PPG, 5.9 RPG and 1.3 SPG on .513/.345/.717 shooting (hat tip to RealGM). The 20-year-old went to Ranney High School in New Jersey and had a brief stint with the Ciudad de Mexico Capitanes during the G League’s Showcase Cup last fall.
Exhibit 10 deals, which are non-guaranteed, can be converted into two-way contracts before the regular season begins and also make a player eligible for a bonus of up to $50K if he’s waived and then joins his team’s G League affiliate.
JUNE 24: The deal is now official, both teams announced in press releases.
JUNE 23: The Grizzlies and Sixers have agreed to a trade that will send the No. 23 pick in this year’s draft to Memphis and guard De’Anthony Melton to Philadelphia, a source tells ESPN’s Adrian Wojnarowski (Twitter link). Danny Green is also headed to the Grizzlies in the swap, tweets Kyle Neubeck of PhillyVoice.com.
According to Wojnarowski (via Twitter), Colorado State’s David Roddy will be Memphis’ pick at No. 23. Roddy had an excellent junior season for the Rams, averaging 19.2 PPG, 7.5 RPG, 2.9 APG, 1.2 SPG and 1.1 BPG on .571/.438/.691 shooting in 31 games (32.9 MPG).
In order for the trade to work, Green’s non-guaranteed contract will have to be partially guaranteed to at least $6.52MM for salary matching purposes, Yossi Gozlan of HoopsHype tweets. Melton will earn $8.25MM next season and his $8MM salary in 2023/24 is partially guaranteed at $1.5MM.
As John Hollinger of The Athletic observes (via Twitter), the Sixers would lose the full mid-level exception with the deal unless they’re able to dump salary in subsequent moves, which could take them out of the running for P.J. Tucker, who is an unrestricted free agent after declining his player option.
Trading a guard in Melton and drafting a couple of forwards in Jake LaRavia and Roddy seems to indicate that Memphis wants to re-sign free agent Tyus Jones, who is one of the top point guards on the market. Jones has led the NBA in assist-to-turnover ratio for four straight seasons and set career highs in PPG (8.7) and 3PT% (.390) in 2021/22.
It was reported multiple times in the past couple weeks that the Sixers were dangling the No. 23 pick and Green’s expiring, non-guaranteed deal in an effort to add a win-now veteran, and they were able to acquire a talented young player in Melton, who had reportedly drawn considerable interest around the league.
Melton, 24, is a strong, versatile defender capable of playing both guard positions. In 73 regular season games this past season (22.7 MPG), he averaged 10.8 PPG, 4.5 RPG, 2.7 APG and 1.4 SPG on .404/.374/.750 shooting. He’s extension-eligible this offseason, although the Sixers might hold off on that decision.
The Bucks are signing Iverson Molinar, according to Shams Charania of The Athletic (Twitter link).
In 34 games (34.1 MPG) as a junior for Mississippi State last season, the Panamanian guard averaged 17.5 PPG, 3.1 RPG, 3.6 APG and 1.2 SPG on .454/.252/.868 shooting. For his efforts, he earned a berth on the All-SEC First Team.
Molinar is ranked 29th on ESPN’s list of the top undrafted rookies, and was the 85th-ranked prospect heading into the draft.
The terms of Molinar’s agreement are unclear, but if it’s an Exhibit 10 deal, it’ll be a non-guaranteed, minimum-salary contract that could be converted into a two-way deal before the regular season begins. A player on an Exhibit 10 contract is also eligible for a bonus worth up to $50K if he’s waived and then becomes an affiliate player for his team’s G League squad.
The Kings have reached a contract agreement with undrafted rookie free agent Jeriah Horne, agent Daniel Hazan tells Chris Haynes of Yahoo Sports (Twitter link).
Horne had a well-traveled college career, starting at Nebraska before transferring to Tulsa following his freshman year. He spent two years at Tulsa, transferred to Colorado, then headed back to the Golden Hurricane for his “super-senior” season.
The 6’7″ forward averaged 16.1 points and 6.9 rebounds in 31 games (33.9 MPG) in 202122, posting an impressive shooting line of .444/.415/.838.
It’s unclear what Horne’s deal will look like, but generally when a team reaches a contract agreement with an undrafted rookie at this time of year and the terms aren’t reported, it ends up being an Exhibit 10 contract. Exhibit 10 deals, which are non-guaranteed, can be converted into two-way contracts before the regular season begins and also make a player eligible for a bonus of up to $50K if he’s waived and then joins his team’s G League affiliate.
Donovan Williams has agreed to a contract with the Nets, Jake Weingarten of Stockrisers.com tweets. It’s an Exhibit 10 deal, JD Shaw of Hoops Rumors reports (Twitter link).
The 6’6” wing averaged 12.7 PPG and 3.3 RPG as a junior at UNLV last season, knocking down 43.6% of his 3-point attempts. Williams played his first two college seasons with Texas.
An Exhibit 10 is a one-year, non-guaranteed minimum-salary contract that counts toward a team’s 20-man offseason roster limit, but doesn’t count against the cap unless the player makes the regular season roster.
A player on an Exhibit 10 contract can earn a bonus of up to $50K if he’s waived and then joins his team’s G League affiliate.
The Sixers have reached an agreement with undrafted Georgetown guard Aminu Mohammed, league sources tell Chris Haynes of Yahoo Sports (Twitter link). According to Haynes, Mohammed will sign an Exhibit 10 contract with Philadelphia.
Mohammed spent just one year in college, but made an impact for the Hoyas, averaging 13.7 PPG, 8.2 RPG, and 1.6 SPG in 31 games (32.2 MPG). He struggled to score efficiently, however, shooting just 37.9% from the floor, including 31.0% on three-pointers.
Meanwhile, according to Shams Charania of The Athletic (Twitter link), the 76ers have also struck a deal with another notable undrafted rookie, having agreed to sign Michael Foster Jr.
Foster, a forward who played for the G League Ignite in 2021/22, is the No. 3 prospect on ESPN’s list of undrafted rookies. The former five-star recruit recorded 14.8 PPG, 8.8 RPG, 2.0 APG, and 1.9 BPG in 13 games (29.8 MPG) for the Ignite.
The terms of Foster’s agreement are unclear, but if it’s an Exhibit 10 deal like Mohammed’s, it’ll be a non-guaranteed minimum-salary contract that could be converted into a two-way deal before the regular season begins. A player on an Exhibit 10 contract is also eligible for a bonus worth up to $50K if he’s waived and then becomes an affiliate player for his team’s G League squad.