Knicks Sign Jeremy Tyler To Two-Year Deal
After a standout performance in summer league with the Knicks, Jeremy Tyler has signed with the club, the team announced today. It will be a two-year deal, according to Marc J. Spears of Yahoo Sports (on Twitter). Shams Charania of RealGM hears that it will be a partially-guaranteed deal "signifying the organization’s commitment for him to be part of the short- and long-term future".
The forward/center received a training camp invite from the Knicks back in mid-July and it appeared at the time that the big man would be receiving a minimum salary, non-guaranteed one-year pact. Tyler averaged 12.8 PPG and 6.4 RPG for the Knicks in summer league, showing firm post moves against decent competition.
As a high school talent, Tyler was once believed to be one of the more promising big men in his age group. The big man made waves when he decided to forgo his final year at San Diego High School and a commitment to Louisville to instead play professionally in Israel until he was eligible for the NBA Draft. Tyler wound up being the No. 39 pick in the 2011 Draft and spent more time playing for the Warriors' D-League affiliate than their varsity squad. He was traded to the Hawks at this year's trade deadline but his time there was short-lived, leading him back to the D-League.
Tyler is represented by Gabe Giordano, according to the Hoops Rumors Agency Database.
Pistons Sign Peyton Siva
6:38pm: Keith Langlois of Pistons.com has more since the signing became official.
5:46pm: Pistons PR released a statement making the Siva signing official today:
AUBURN HILLS, Mich. – Detroit Pistons President of Basketball Operations Joe Dumars announced today that the club has signed draft selection Peyton Siva to a contract. Per team policy, terms of the agreement were not disclosed.
Siva was drafted by Detroit with the 56th pick in the second round of the 2013 NBA Draft. The 6-foot-1 guard averaged 10.0 points, 2.4 rebounds and 5.7 assists as a senior last season while leading the University of Louisville to the NCAA Championship. He scored in double figures in 23-of-40 games last year, including 18 points and five assists in the championship game. A native of Seattle, Wa., Siva was named to the All-Big East Third team and the Final Four All-Tournament Team as a senior. He finished his collegiate career as Louisville’s second all-time assist leader with 677 assists.
11:30am: Siva tweeted a picture of himself signing the contract, so it seems the deal is complete (hat tip to MLive's Brendan Savage).
10:59am: The deal has not yet been made official, tweets Keith Langlois of Pistons.com, though he suggests that it will happen soon.
10:27am: The Pistons have signed 56th overall pick Peyton Siva, as Rick Pitino, Siva's college coach at Louisville, tells Jeff Goodman of ESPN.com (Twitter link). Last week's three-for-one trade that brought Brandon Jennings aboard cleared room for the rookie point guard. Vincent Goodwill of the Detroit News reported last week that Siva was likely to sign.
Siva drew plenty of looks from teams during the lead-up to the draft, even as pundits like Jonathan Givony of DraftExpress and Chad Ford of ESPN.com ranked him as no better than a late second-round pick. That's what the defensive-minded 6'1" Siva became before heading off to the Orlando summer league. In four games with the Pistons squad in Orlando, Siva averaged 6.0 assists and 1.5 turnovers in 25.7 minutes of action, garnering Honorable Mention All-League honors.
Of course, that pales in comparison to Siva's decorated college career, when he garnered the Frances Pomeroy Naismith Award as the NCAA's best undersized player in 2013 as he helped lead Louisville to the national championship. Despite his heroics, he's probably getting a minimum-salary contract from the capped-out Pistons, unless they're dipping into their $2.652MM room exception for him.
Spencer Lund contributed to this post.
Nets Invite Michael Snaer To Training Camp
The Nets have invited undrafted Florida State product Michael Snaer to training camp, according to Florida State's website. It's unclear whether he'll accept the invitation, but it seems likely he'll join the Nets and attempt to make the team's regular season roster, even though that figures to be an uphill battle, since Brooklyn is already carrying 15 guaranteed contracts.
The 6'4" shooting guard played four years at Florida State, averaging 14.8 points per game as a senior. He also grabbed 4.5 rebounds per contest this past season, an impressive number for his height. He exceled on the defensive end as well, earning ACC All-Defensive Team honors as a junior. Snaer played seven games in summer league action last month, notching 6.4 PPG and 3.3 RPG for the Thunder and Lakers.
Snaer is the 16th player on the Nets, but they, like every NBA team, can carry 20 players until opening night of the regular season, so a few more invitees will probably join him in Brooklyn's camp. Most of them will receive "summer contracts," which are one-year, non-guaranteed deals for the minimum salary.
Al Harrington, DeShawn Stevenson Clear Waivers
Al Harrington and DeShawn Stevenson became unrestricted free agents this afternoon when they cleared waivers, as expected, tweets Marc Stein of ESPN.com. The Magic released Harrington on Friday, not long before the Hawks did the same with Stevenson.
Stevenson, a Wasserman Media Group client, took to Twitter to express his desire to sign with the Heat, and while Harrington hasn't been so quick to get into specifics, he said at multiple times last season that he wants to play five more seasons in the NBA. The 33-year-old missed most of 2012/13 with a staph infection in his knee, and batted down an early-season retirement rumor, but he was a key piece of the Nuggets bench in 2011/12, averaging 14.2 points and 6.1 rebounds a game with a 15.3 PER.
Stevenson's minutes-per-game average this past season was the highest its been since 2008/09. He came to the Hawks as part of the Joe Johnson deal in a sign-and-trade, and sign-and-trade contracts must be for three seasons in length. Still, the final two years were non-guaranteed, prompting Atlanta to cut Stevenson loose.
Harrington had two more years remaining on his contract, too, but they were 50% guaranteed. The Magic still have to pay out $7,379,200 to the Dan Fegan client, minus whatever small amount they can recoup via set-off rights if Harrington signs with another team.
DeMarre Carroll Signs With Hawks
AUGUST 3RD: The Hawks confirmed the move via press release.
JULY 5TH: DeMarre Carroll will sign with the Hawks, agent Mark Bartelstein tells Adrian Wojnarowski of Yahoo! Sports, who adds that it’s a two-year, $5MM deal for the second Utah forward to leave for Atlanta tonight (Twitter links). Paul Millsap is also headed to the Hawks.
Carroll figures to add depth to an Atlanta front line that includes Millsap and Al Horford. He averaged career highs in points (6.0) and rebounds (2.8) for the Jazz this past season. This will be the fourth contract already for the 27th pick in the 2009 draft who was waived by both the Rockets and the Nuggets before he signed a minimum-salary deal with Utah.
Bartelstein had frequent conversations with the Jazz about a return to Utah for Carroll, but today’s trade with Golden State that brought aboard Richard Jefferson, among others, helped push Carroll out the door, according to Bill Oram of The Salt Lake Tribune (Twitter links).
Cavs Sign Carrick Felix To Four-Year Deal
The Cavs have signed second-round pick Carrick Felix to a four-year contract, and the first three seasons are fully guaranteed, HoopsWorld's Eric Pincus tweets. RealGM.com first reported the signing on their transactions log.
The deal is for $510K in year one, according to Pincus, and that's slightly more than the $490,180 minimum salary for a rookie. The other three seasons are for the minimum. Previous signings and agreements the Cavs have made this summer appear to have put them over the cap, but perhaps the reported figures are off. Cleveland has its room exception available, but teams can't use it to sign players to contracts of more than two years in length.
Felix, who was the 33rd overall pick in June, and Ricky Ledo of the Mavs are the only two second-round picks to receive four-year contracts this summer. The Arizona State shooting guard is the second of Cleveland's three selections this season to sign. No. 19 pick Sergey Karasev inked his deal last month, but top pick Anthony Bennett remains unsigned.
Hawks Waive DeShawn Stevenson
The Hawks have waived DeShawn Stevenson, a league source tells Chris Vivlamore of the Atlanta Journal-Constitution (on Twitter). The move clears the way for Atlanta to officially sign DeMarre Carroll to a to a two-year, $5MM deal.
The guard signed a three-year pact with the Hawks last summer which paid him $2,240,450 per season, though only the first season was guaranteed. The veteran, known primarily for his tough defense, averaged 5.1 PPG and 2.2 RPG in 20.7 minutes per game for the Hawks last season.
In 13 seasons for the Jazz, Magic, Wizards, Mavericks, Nets, and Hawks, Stevenson has career averages of 7.2 PPG and 2.2 RPG.
Suns Draftee Alex Oriakhi Signs In France
Suns second round pick Alex Oriakhi has signed with France's CSP Limoges, according to Emiliano Carchia of Sportando. Phoenix drafted the center with the 57th overall pick in the 2013 Draft.
Oriakhi began his collegiate career at UConn where he served as the starting center for the Huskies' 2010/11 championship team. Then, after a year in which he saw a diminished role with the addition of Andre Drummond and the Huskies were banned from postseason play for 2013, he transferred to Missouri. The big man averaged 11.2 PPG, 8.4 RPG, and 1.6 BPG in his final year on campus.
Magic Waive Al Harrington
The Magic announced that they have put Al Harrington on waivers. Harrington's contract called for him to earn a $7.149MM next season and $7.6MM in 2014/15, but both seasons were only half-guaranteed.
Orlando will now be on the hook for the amount owed to him, less whatever he signs for elsewhere. The veteran has career averaged of 13.7 PPG and 5.7 RPG across 15 NBA seasons but played just ten games with the Magic last season.
Last week, Harrington acknowledged that he was likely to be traded or bought out by the Magic, but explained that he feels healthier than ever and is ready to contribute for whatever team he plays for in 2013/14.
"Whatever situation I can get to where I can help a team win, that's what I want to do," Harrington said. "I don't want to play 36 minutes or none of that. Play 20, 25 minutes, just help mentor the young guys and stuff like that."
Harrington is a client of Relativity Sports and is represented by Dan Fegan, according to the Hoops Rumors Agency Database.
Rockets Re-Sign Francisco Garcia
8:41pm: Jonathan Feigen of the Houston Chronicle writes that the second year of the deal is a team option, instead of a player's option as had been originally reported. Team options on veteran contracts are rare, so perhaps year two is simply non-guaranteed.
AUGUST 1ST, 6:37pm: Houston GM Daryl Morey took to Twitter to announce Garcia's official signing, which had been held up as Garcia traveled overseas.
JULY 6TH: The Rockets have re-signed guard Francisco Garcia to a two-year, $2.6MM deal, according to Adrian Wojnarowski of Yahoo Sports (on Twitter). Marc Stein of ESPN.com (Twitter link) first reported that the two sides were nearing agreement. Garcia will have a player's option in the second year of his new deal and will also have bird rights after year one, Wojnarowski tweets.
Houston decided against picking up their costly club option on Garcia but still wanted him back in the fold. Rather than pay the 31-year-old swingman $6.4MM, the club will get him back for a fraction of the price. Garcia had interest from teams looking for a solid wing defender who could also shoot it from three point range comfortably, including the Knicks and Lakers.
As shown in the Hoops Rumors Agency Database, Garcia is represented by Aaron Goodwin.