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Suns Sign Grayson Allen To Four-Year, $70MM Extension

April 16th, 2024 at 1:57pm CST by Arthur Hill

APRIL 16: Allen’s contract extension is official, the Suns announced today in a press release.

“Grayson embodies our values and we are committed to him being a key member of our core as we continue to build together into the future,” Suns president of basketball operations James Jones said in a statement. “He has been outstanding for us this season, leading the league in three-point shooting while providing a versatile skillset and competitive spirit on both ends of the floor. Phoenix has become a home for Grayson and his family, and we are thrilled that they want to be part of this community and our winning culture for years to come.”

“I love being in Phoenix and believe in what we can achieve here,” Allen added in a statement of his own. “Thank you to Mat Ishbia and the organization for embracing me. I’m excited to make a long-term commitment to remain in this community and continue building with this team.”

APRIL 15: Grayson Allen has agreed to a four-year, $70MM extension with the Suns, according to Adrian Wojnarowski of ESPN. The deal, which includes a player option for the final season, was confirmed to Wojnarowski by Allen’s agents, Mitch Nathan, Aaron Mintz and Steven Heumann of CAA Basketball.

Allen has thrived in his first year in Phoenix, becoming the NBA’s leader in three-point shooting percentage this season at 46.1%. He also reached career highs by averaging 13.4 points, 3.9 rebounds, 3.1 assists and 33.5 minutes per game while making 73 starts.

Wojnarowski notes that the new contract will continue to escalate the Suns’ tax bill, which has exploded since Mat Ishbia bought the team midway through last season. Allen will make $15.6MM next season, pushing the team’s projected payroll to $206MM. That will result in an estimated $104MM in luxury tax payments, which would be the highest figure in the league.

Phoenix is currently projected to exceed the second apron by $16MM in 2024/25, Woj adds, triggering the most severe restrictions under the new Collective Bargaining Agreement. The Suns won’t be permitted to send out cash in trades, aggregate contracts or make use of a preexisting trade exception. They also won’t be able to trade their 2032 first-round pick if they finish next season above the second apron.

Allen had been headed for unrestricted free agency this summer, so the agreement locks up an important part of the Suns’ offense for at least three more seasons. With Phoenix already well above the salary cap, the team would have faced few options for replacing Allen if he had signed elsewhere.

The 28-year-old guard had bounced around the league since being selected by Utah with the 21st pick in the 2018 draft. The Suns were his fourth team in six years when they acquired him last summer as part of the three-team deal that sent Damian Lillard to Milwaukee. Allen had been a starter for the Bucks the past two seasons, but he was able to fully unlock his game on a Phoenix team where he’s surrounded by elite scorers in Kevin Durant, Devin Booker and Bradley Beal.

Taze Moore Signs Rest-Of-Season Hardship Deal With Blazers

April 14th, 2024 at 2:57pm CST by Alex Kirschenbaum

Free agent guard Taze Moore has inked a rest-of-season deal on the final day of the 2023/24 regular season in order to play for the Trail Blazers in their season finale, the team has announced (Twitter link).

The Blazers previously announced (via Twitter) that they will be missing 10 players today as they wrap up their year at the Golden 1 Center against the Kings. Portland currently occupies the bottom seed in the Western Conference at 21-60, while the 45-36 Kings are fighting for play-in tournament seeding.

Portland has all 15 of its standard roster spots filled, meaning that this Moore contract will be a hardship exception deal. Moore had previously signed a 10-day contract with the Trail Blazers in January — this will technically be considered his second 10-day with the club, though it’ll only cover a single day before expiring.

Across his three games with Portland, the 6’5″ shooting guard averaged a scant 3.3 MPG, posting 2.0 PPG on 60% field goal shooting.

The Houston product, 25, has primarily been in the G League this season, splitting his time between Portland’s NBAGL affiliate, the Rip City Remix, and the Mavericks’ squad, the Texas Legends. All told, he logged averages of 14.7 PPG on .487/.328/.727 shooting, along with 6.4 APG, 4.9 RPG and 1.4 SPG.

Clippers Sign Kai Jones, Waive Josh Primo

April 14th, 2024 at 1:00pm CST by Tristan Tucker

APRIL 14: The Clippers have officially waived Primo and signed Jones.

APRIL 13: The Clippers are signing center/forward Kai Jones to a multiyear contract, adding him to their playoff roster, per Shams Charania and Law Murray of The Athletic (Twitter link). Jones recently completed a 10-day contract with the Sixers.

In order to make space on the roster for Jones, the Clippers are waiving Joshua Primo (Twitter link).

According to ESPN’s Adrian Wojnarowski and Ohm Youngmisuk, Primo suffered a season-ending ankle injury that’s expected to sideline him through the summer (Twitter links). Primo’s agent Todd Ramasar describes the injury as a stress fracture in the navicular bone of the left ankle.

Jones, the 19th overall pick in the 2021 draft, played two seasons for the Hornets, averaging 2.7 points in 67 games. He signed with the Sixers on a 10-day deal but didn’t appear in a game for them. He has been more productive in the G League over the course of his career, averaging 16.0 points, 9.2 rebounds and 2.0 blocks in 48 career regular season and Showcase Cup G League games.

Jones made a series of unusual social media posts before this season. A report ahead of training camp indicated that the big man wouldn’t be reporting to the Hornets for personal reasons. He subsequently requested a trade and then was waived by the club shortly thereafter.

The Clippers previously brought Jones in for a visit in November.

Primo was the 12th overall pick by the Spurs in 2021. He appeared in two games with the Clippers this season after they signed following him being waived by San Antonio last year for engaging in “inappropriate and offensive behavior by exposing himself to women.” The NBA imposed a four-game suspension in response to Primo’s behavior, which allegedly included multiple incidents with a long-time sports psychologist who worked for the Spurs during his time with the organization.

As Bobby Marks of ESPN tweets, the Clippers will carry $1MM in dead money for Primo next season, since his 2024/25 salary was partially guaranteed.

Warriors Convert Usman Garuba To Standard Contract

April 14th, 2024 at 11:52am CST by Tristan Tucker

APRIL 14: The Warriors have officially converted Garbua to a standard deal, per a press statement (Twitter link).

APRIL 13: The Warriors intend to convert two-way big man Usman Garuba to a standard NBA contract for the rest of the season, according to The Athletic’s Shams Charania (Twitter link). The Warriors had an open roster spot to fill and are thus making Garuba eligible for the playoffs by promoting him.

The 23rd overall pick in the 2021 draft by the Rockets, Garuba played two seasons in Houston before being traded in the five-team deal that brought Dillon Brooks to the Rockets. He was then re-routed again from Atlanta to the Thunder, who waived him prior to the season.

Garuba, touted as a strong defender, has barely played for the Warriors this season after signing his two-way deal. In five games and just 12 minutes, he has totaled two points and three rebounds this year.

Still just 22 years old, Garuba has been more productive in the G League. This season with Santa Cruz, he averaged 12.5 points, 10.1 rebounds, 1.1 steals and 1.4 blocks in 35 regular season and Showcase Cup games.

Across his three seasons in the NBA, Garuba holds averages of 2.6 points and 3.8 rebounds in 104 games (three starts).

The Warriors will have a full 15-man roster after signing Garuba to his standard deal. Golden State also has two players, Jerome Robinson and Pat Spencer, on two-way contracts. Because the deadline to sign two-way players passed in March, the Warriors aren’t eligible to sign another two-way player this year. Players on two-way contracts aren’t eligible to suit up in the postseason.

Raptors Re-Sign Malik Williams For End Of Season

April 13th, 2024 at 7:58pm CST by Arthur Hill

After his 10-day contract expired on Friday, Malik Williams has signed with the Raptors for the rest of the season, tweets Blake Murphy of Sportsnet.ca. The new deal only covers Sunday’s game and doesn’t extend to 2024/25, Murphy adds.

Williams appeared in six games and made two starts for Toronto during his first 10 days with the team. He averaged 2.2 points and 5.7 rebounds in 15.8 minutes per night while shooting 22% from the field. His best game was Wednesday against Brooklyn when he scored seven points and collected 14 boards in 24 minutes of action.

The 25-year-old center is playing in the NBA for the first time after going undrafted out of Louisville in 2022. He played one season in Poland before joining Miami’s G League affiliate, the Sioux Falls Skyforce, for the start of this season. He averaged 10.1 points, 8.0 rebounds and 1.3 blocks in 42 Showcase Cup and NBAGL regular season games with Sioux Falls.

Williams’ future with the organization is uncertain after the Raptors close the season tomorrow at Miami. The new contract suggests he made a positive impression on the front office, so he could be part of Toronto’s Summer League team in Las Vegas.

Pistons Sign Jaylen Nowell To Second Hardship Deal

April 13th, 2024 at 5:17pm CST by Luke Adams

APRIL 13: Nowell’s signing is official, the Pistons announced in a press release.

APRIL 12: The Pistons will re-sign Jaylen Nowell to a second hardship contract following the expiration of his first 10-day deal, league sources tell Michael Scotto of HoopsHype (Twitter link).

Nowell’s initial contract will expire after Friday’s game, so Detroit figures to re-sign Nowell on either Saturday or Sunday in advance of Sunday’s regular season finale. Since it will be completed using a hardship exception, the deal will technically be considered a 10-day contact, but it will expire immediately after Sunday’s game.

A 24-year-old shooting guard who spent his first four NBA seasons with the Timberwolves from 2019-23, Nowell was on a pair of 10-day contracts with the Grizzlies earlier in the season, but has spent most of the year out of the NBA. He has performed well for the Pistons since signing with the team last week, however, averaging 8.7 points and 2.7 rebounds in 16.7 minutes per game and making 57.9% of his field goal attempts across three appearances off the bench.

The Pistons qualified for a hardship exception because they have four players (Isaiah Stewart, Ausar Thompson, Quentin Grimes, and Stanley Umude) who are out for the season. That allows them to carry an extra player beyond the 15 on their standard roster, but they won’t have any form of Bird rights on Nowell this offseason as long as he’s signed to a hardship contract and not a standard deal.

Matt Ryan Gets Standard Contract From Pelicans

April 13th, 2024 at 4:12pm CST by Arthur Hill

The Pelicans have converted Matt Ryan‘s two-way contract to a standard deal, the team announced (via Twitter).

No details were provided on whether Ryan’s new contract will extend beyond the rest of this season, but the signing makes him eligible for postseason play. New Orleans had been carrying an open roster spot, so no corresponding move was necessary.

The 26-year-old forward has appeared in 27 games in his first season with the Pelicans, averaging 5.6 points and 1.5 rebounds in 14.4 minutes per night while shooting 43.4% from the field and 45.1% from three-point range. He underwent elbow surgery in December that sidelined him for a significant part of the season.

New Orleans claimed Ryan off waivers in October, inheriting the two-way contract he signed with Minnesota shortly before the start of training camp. He also had brief stints with the Celtics and Lakers earlier in his career.

The move leaves the Pelicans with a full 15-man roster, along with Dereon Seabron and Malcolm Hill as two-way players. The deadline for signing two-way contracts was in March, so New Orleans won’t be able to fill Ryan’s spot.

Sixers Sign Ricky Council IV To Four-Year Contract

April 13th, 2024 at 12:32pm CST by Tristan Tucker

12:32pm: Council’s promotion to the Sixers’ 15-man roster is official, the team announced today in a press release. His four-year deal will be non-guaranteed after this season and will feature a team option for 2026/27, reports Michael Scotto of HoopsHype (Twitter link).

11:47am: The Sixers are signing two-way wing Ricky Council IV to a new four-year, $7.4MM standard contract, adding about $864K in new money for this season, according to The Athletic’s Shams Charania (Twitter link). The Sixers have an open roster spot, so no corresponding move is necessary to promote Council.

Council went undrafted in 2023 but quickly caught on with the Sixers on a two-way deal. He has impressed in limited time this season, averaging 5.5 points in 9.1 minutes across 31 games.

Council played three collegiate seasons — two with Wichita State and his final year with Arkansas. He averaged 12.5 points across 85 college games, including averaging 16.7 PPG in his final season.

The athletic wing didn’t play much to begin the season, but earned more minutes as the season progressed and has averaged 8.1 points from early February to March. He was also impressive at the G League level, averaging 23.8 points and 5.3 rebounds while shooting 47.6% from the floor and 37.8% on three-pointers in 27 regular season and Showcase Cup games with the Sixers’ G League affiliate, the Delaware Blue Coats.

Council is now eligible for the playoffs under his new standard contract and at 22 years old, he has room to develop as an inexpensive rotation option for the Sixers down the line.

The exact details of Council’s contract – which will come out of Philadelphia’s mid-level exception – are unclear. However, it’s unlikely to include much, if any, guaranteed money beyond this season, given that the Sixers are preserving cap flexibility for the summer and are giving the rookie a substantial salary for the final two days of this season.

The Sixers now have a full 15-man roster, and just one player, Terquavion Smith, on a two-way contract. The Sixers recently promoted Jeff Dowtin from a two-way deal as well.

Celtics Sign Jrue Holiday To Four-Year Extension

April 11th, 2024 at 12:15pm CST by Rory Maher

April 11: Holiday’s extension is now official, the Celtics announced in a press release.

“In addition to being one of the more accomplished players in the league, Jrue is an elite teammate and competitor,” said president of basketball operations Brad Stevens. “He is simply a person who raises everyone’s level around him. He combines an unselfishness to do whatever is best for the team with an edge to take on any challenge at any time. We are grateful that Jrue is a Celtic.”

April 10: The Celtics are signing Jrue Holiday to a four-year, $135MM contract extension, agent Jason Glushon tells ESPN’s Adrian Wojanrowski.

A source tells Adam Himmselsbach of The Boston Globe (Twitter link) that the final season (2027/28) of Holiday’s new deal is a player option.

As Wojnarowski writes, Holiday is declining his $37.3MM player option for 2024/25 in order to sign a long-term deal with Boston that will save the team “several million dollars” toward next season’s salary cap.

According to ESPN’s Bobby Marks (Twitter links), Holiday’s extension will pay him $30.1MM next season, reducing the Celtics’ projected luxury tax bill by over $35MM. There’s also a scenario in which Boston could get under the second tax apron next season if the club trims payroll this summer, Marks adds.

The old Collective Bargaining Agreement did not permit players to decline an option and replace it with a lower salary via an extension, making Holiday the first player to utilize the change in the new CBA, notes cap expert Yossi Gozlan (via Twitter).

Holiday, who was traded from Milwaukee to Portland in late September before being re-routed to Boston on October 1, is a two-time All-Star and five-time All-Defensive team member. The Celtics were limited to offering Holiday a two-year extension until April 1, when the six-month post-trade restriction lifted.

Chris Mannix of SI.com hears (via Twitter) the Celtics and Holiday “have been thrilled” with their partnership, and Boston knew it would take a lucrative long-term deal in order to retain the veteran guard and have him avoid free agency.

Interestingly, Holiday’s new extension is essentially an exact replica of the four-year, $135MM extension he signed three years ago with Milwaukee, per Wojnarowski. Holiday, 33, becomes the fourth player in league history to sign a guaranteed $100MM+ contract at 33 years old or older, joining LeBron James, Stephen Curry and Al Horford.

Since he’s often a fourth or fifth option on offense for Boston, Holiday’s scoring (12.5 PPG) and assists (4.9 APG) are down this season. However, he’s averaging a career-high 5.4 rebounds per game while shooting a career-best 43.1% from deep in 68 games (32.9 MPG).

The Celtics are currently 62-17, holding by far the best record in the NBA. They’re 14 games ahead of the East’s No. 2 seed, Milwaukee, and lead the top Western teams by seven games.

Suns Sign Isaiah Thomas For Rest Of Season

April 9th, 2024 at 12:47pm CST by Rory Maher

APRIL 9: Thomas’ rest-of-season contract with the Suns is now official, per NBA.com’s transaction log.

APRIL 8: The Suns intend to make veteran guard Isaiah Thomas playoff-eligible by signing him for the rest of the 2023/24 season, reports Shams Charania of The Athletic (via Twitter).

Thomas signed a pair of 10-day contracts with Phoenix, the second of which expires tonight. The 35-year-old will fill the 15th and final spot on the Suns’ standard roster.

A former two-time All-Star, Thomas had been out of the NBA for a couple years prior to getting another shot with Phoenix. He has only played 14 minutes of garbage time across four appearances this season, but he has reportedly played well in practices and has drawn praise from head coach Frank Vogel for being a good locker room presence.

Thomas, who has played for 10 different teams in his 12 seasons, will be an unrestricted free agent this offseason.

John Gambadoro of Arizona Sports 98.7 first reported around the time that Thomas signed his first 10-day deal last month that he was expected to eventually get a rest-of-season commitment from the Suns.

The move signals that Saben Lee and Phoenix’s other two-way players will remain on their current contracts and won’t become playoff-eligible.