Transactions Rumors | Hoops Rumors

Pistons Sign Second-Round Pick Chaz Lanier

July 7th, 2025 at 10:20pm CST by Dana Gauruder

10:20 pm: Lanier signed a four-year, $8.8MM contract that is guaranteed for the first two seasons, with a non-guaranteed third year and a fourth-team option, Hoops Rumors has learned.

4:46 pm: The Pistons have signed their second-round pick, guard Chaz Lanier, according to a team press release.

Lanier was chosen with the 37th overall pick. Detroit didn’t have a first-round selection.

While terms have yet to be revealed, Lanier will join the 15-man roster, according to Omari Sankofa II of the Detroit Free Press. That means he signed a standard contract, rather than a two-way deal.

Lanier averaged 18.0 points, 3.9 rebounds and 1.1 assists per contest while shooting 43.1% from the field and 39.5% from three-point range across 38 games for Tennessee last season. Named the 2024/25 Jerry West Award winner, given annually to the nation’s best shooting guard, Lanier finished his five-year collegiate career shooting 40.2% on three-pointers after playing his first four seasons for the University of North Florida.

Lanier is set to compete for the Pistons on their Summer League team in Las Vegas.

Pacers Sign James Wiseman

July 7th, 2025 at 10:00pm CST by Luke Adams

10:00 pm: Wiseman signed a two-year, minimum-salary contract with a partial guarantee and a second-year team option, according to Tony East of Locked on Pacers (Twitter link). It’s a similar structure to the deal the big man received from the team last offseason.

2:31 pm: The Pacers have brought back free agent center James Wiseman, the team confirmed in a press release. President of basketball operations Kevin Pritchard had told reporters earlier in the day that a new deal with Wiseman was in the works.

The No. 2 overall pick in the 2020 draft, Wiseman signed with the Pacers as a free agent a year ago after playing for Golden State and Detroit in his first four NBA seasons. The big man impressed Indiana in the preseason and appeared to have the edge for the backup center role behind Myles Turner, but tore his left Achilles in the club’s regular season opener.

Wiseman has dealt with several injuries in his young career, including missing the entire 2021/22 season following knee surgery. Over the course of five years, the 24-year-old has appeared in 148 total games (55 starts), averaging 9.1 points and 5.6 rebounds in 18.9 minutes per contest.

As Scott Agness of Fieldhouse Files tweets, Pritchard said on Monday that Wiseman will get an opportunity to compete in Indiana’s new Turner-less frontcourt alongside Jay Huff, Tony Bradley, and restricted free agent Isaiah Jackson, who is considered likely to re-sign.

It’s unclear whether or not Wiseman’s salary will be guaranteed or if he’s assured of a regular season roster spot — it’s possible he’ll be vying for a 15-man spot with Bradley, whose salary is non-guaranteed. Still, Pritchard spoke enthusiastically today about Wiseman.

“We saw a lot of potential in him in the preseason and going up until his injury,” Pritchard said, per Matthew Glenesk and Dustin Dopirak of The Indianapolis Star. “Very long. Very athletic. Becoming a better shooter. I think he’s getting to that point where his injury is allowing him to get on the court and — not full, but do a lot. I think (assistant coach) Jim Boylen has done a great job with him and Isaiah quite frankly, in this shortened summer and they’ll continue to work. You don’t replace Myles but a combination of those players, we’re going to have to rely on.”

Clippers Sign First-Rounder Yanic Konan Niederhauser

July 7th, 2025 at 8:57pm CST by Dana Gauruder

The Clippers have signed center Yanic Konan Niederhauser to a rookie scale contract, according to the NBA transactions log.

Niederhauser was the 30th and final first-round selection in last month’s draft. As our rookie scale salary table shows, he’ll make $14,091,596 over the next four seasons with a starting salary of $2,743,800, assuming he received the maximum allowable 120% of his rookie scale amount. The third and fourth year of rookie contracts include team options.

Niederhauser played one season at Penn State after two seasons at Northern Illinois. With the Nittany Lions, he averaged 12.9 points, 6.3 rebounds and 2.3 blocks in 25.1 minutes per game while making 29 starts.

Niederhauser improved his draft stock this spring by shining during the pre-draft process, particularly at the G League Elite Camp — his performance there earned him an invitation to the full-fledged combine.

The 6’10” rookie projects as L.A.’s third-string center entering camp behind starter Ivica Zubac and free agent addition Brook Lopez. He’s on the team’s Summer League roster.

Isaiah Stevens Signs Two-Way With Kings

July 7th, 2025 at 7:20pm CST by Dana Gauruder

July 8: Stevens’ two-way deal with Sacramento is official, per NBA.com’s transaction log. According to Michael Scotto of HoopsHype, it’s a two-year contract.

July 7: Isaiah Stevens will sign a two-way deal with the Kings, according to Jason Anderson of the Sacramento Bee and Sean Cunningham of KRCA News (Twitter links).

Stevens finished the season on a two-way with the Heat but didn’t receive a qualifying offer, which landed him in the unrestricted free agent pool.

Stevens, 24, appeared in three games with Miami last season. The point guard saw action in 33 regular season G League games with the Sioux Falls Skyforce, the Heat’s affiliate, and averaged 12.8 and 9.4 assists in 36.9 minutes per contest.

The six-foot Stevens, who went undrafted out of Colorado State, signed his two-way with Miami in late December.

Former Auburn center Dylan Cardwell signed one of the other two-ways from Sacramento. The third one remains unclaimed for the time being.

Magic Sign Paolo Banchero To Five-Year Max Extension

July 7th, 2025 at 7:04pm CST by Dana Gauruder

7:04 pm: Banchero’s five-year, maximum-salary extension is official, the Magic announced in a press release (Twitter link).

“We are thrilled to keep Paolo in a Magic uniform for years to come,” Magic president of basketball operations Jeff Weltman said in a statement. “At just 22, he has won NBA Rookie of the Year, been named an NBA All-Star and is widely regarded as one of our league’s brightest young stars.

“This commitment reflects our belief in Paolo’s talent, character and desire to win at the highest level. It also reflects Paolo’s belief in our organization, our fans and the city of Orlando. We are excited to continue this journey together.”

5:31 pm: Magic star forward Paolo Banchero has agreed to a five-year maximum rookie scale contract extension that be worth as much as $288MM, ESPN’s Shams Charania tweets.

The contract will include a player option in the final year, the first time that’s happened in a rookie scale maximum-salary extension since 2021, when Luka Doncic and Trae Young each received one.

As cap expert Yossi Gozlan points out (Twitter link), the extension is technically worth a projected $240MM but it could rise another $48MM if Banchero meets the Rose Rule performance criteria, which includes making an All-NBA team or winning the Most Valuable Player Award.

The salary projections are based on a 7% cap increase for 2026/27.

Banchero will now be signed through at least 2030, with a ’30/31 player option. The five-year extensions for Franz Wagner and Jalen Suggs kick in this coming season and recently acquired Desmond Bane has a contract that runs through the 2028/29 season. That means that four members of the starting lineup are signed for at least the next four seasons.

Orlando’s decision to make Banchero the top pick of 2022 draft was somewhat surprising at the time, but he has lived up to that billing. He was the Rookie of the Year in 2023 and an All-Star in 2024.

An early-season oblique injury marred Banchero’s third NBA season, but he still averaged 25.9 points, 7.5 rebounds and 4.8 assists per game in 46 starts. The 22-year-old has averaged 28 points per game in 12 postseason contests over the past two seasons.

Back in May, Banchero told Marc J. Spears of ESPN he wasn’t sure if he’d sign an extension but was hopeful it would come to fruition.

“I was in over my head when I signed my rookie (contract). So, I really haven’t thought much about that. … But it’s a blessing and hopefully all that stuff works out if I’m able to sign with the team and lock in my future,” he said. “That’s every young player’s goal coming into this league, establishing yourself early, get a second contract. So, when (the) time comes, I’m sure all that stuff we can figure out. I don’t know. They say more money, more problems. So, we’ll see what happens.”

Bucks Officially Stretch Lillard, Buy Out Micic

July 7th, 2025 at 6:56pm CST by Luke Adams

6:56 pm: Micic gave up $6.1MM in his buyout agreement with the Bucks, who stretching his remaining $2MM across three seasons for annual cap hits of $667K, reports Eric Nehm of The Athletic.

5:09 pm: The Bucks have officially waived point guards Damian Lillard and Vasilije Micic, according to the transaction log at NBA.com. Both moves had been anticipated as Milwaukee looked to clear the cap space necessary to sign free agent center Myles Turner to a four-year, $107MM contract.

Reports last Tuesday indicated that Lillard would have his remaining $112.6MM salary spread across five seasons instead of two using the stretch provision in order to create immediate cap relief for Milwaukee.

Lillard is expected to miss most or all of the 2025/26 season while he recovers from the torn Achilles he suffered during the first round of the playoffs in April. The nine-time All-Star has reportedly drawn interest already from many teams around the NBA, but hasn’t yet decided whether he’ll sign a new contract this offseason and is said to be in no rush to make that decision.

As for Micic, the expectation after he was acquired from Charlotte in exchange for Pat Connaughton and a pair of second-round picks was that he would agree to reduce his $8.1MM cap hit in order to become a free agent and generate a little extra cap space for the Bucks. According to Michael Scotto of HoopsHype (Twitter link), the two sides did reach an agreement on a buyout, though it’s unclear at this point how much of his salary Micic gave up.

Micic has played a pretty limited role in the NBA during the past couple seasons after starring in Europe for most of his career. In 101 total games for Oklahoma City, Charlotte, and Phoenix, he averaged 6.8 points and 3.9 assists in 19.4 minutes per contest.

Rumors in recent months have linked Micic to multiple EuroLeague teams — while it’s not clear exactly which one he’ll end up with, it seems likely that the 31-year-old Serbian will head back overseas to resume his playing career.

It appears both Lillard and Micic were technically placed on waivers on Sunday evening, as the NBA’s transaction log lists Turner’s deal as having gotten done last night. Still, if those cuts occurred after 4:00 pm Central time, neither player will officially clear waivers until Wednesday.

Kyle Lowry Remains With Sixers On One-Year Deal

July 7th, 2025 at 4:48pm CST by Dana Gauruder

4:48 pm: Lowry’s new deal is now official, according to a press release from the Sixers.

“Kyle’s championship experience and Hall-of-Fame resume speaks for itself. He is a proven floor general with tremendous knowledge of the game that is a resource to everyone in the organization,” president of basketball operations Daryl Morey said in a statement. “It’s only fitting that his 20th NBA season will be right here in Philadelphia, the city he calls home.”

4:20 pm: Free agent guard Kyle Lowry has agreed to a one-year deal to return to the Sixers, ESPN’s Shams Charania tweets.

The Philadelphia Inquirer’s Keith Pompey predicted last month that Lowry would sign another contract with the team since the Sixers value the Philadelphia native for his leadership and mentorship of young guards like Tyrese Maxey and Jared McCain.

Lowry, 39, played on the veteran’s minimum last season and figures to do so again. He only appeared in 35 games last season, including 12 starts, averaging 3.9 points and 2.7 assists in 18.8 minutes per game.

Not too long ago, Lowry was once one of the highest-paid guards in the game. His NBA career dates back to 2006, when he was a late first-round pick with Memphis. He’s a six-time All-Star and won a championship with Toronto in 2019.

He only projects as an insurance policy for next year’s Sixers team with Maxey, McCain and first-round pick VJ Edgecombe likely ahead of him on the depth chart.

He’ll become the 12th player in NBA history to play 20-plus seasons and the second point guard to do so, Josh Lewenberg of TSN Sports tweets, joining Chris Paul.

Hawks Waive David Roddy

July 7th, 2025 at 4:44pm CST by Luke Adams

The Hawks have requested waivers on David Roddy, the team announced today in a press release. Roddy, who was on a two-way contract, was sent from Houston to Atlanta in the record-setting seven-team Kevin Durant trade on Sunday.

The 23rd overall pick in the 2022 draft, Roddy has bounced around the league since making his NBA debut, appearing in a total of 168 regular season games for Memphis, Phoenix, Atlanta, Philadelphia, and Houston. The burly 6’4″ forward holds career averages of 6.2 points and 2.9 rebounds in 16.9 minutes per game, with a .421/.302/.679 shooting line.

Roddy’s two-way contract was partially guaranteed for $85,300, so he’ll receive a small payout and will become an unrestricted free agent on Wednesday, assuming he clears waivers.

While that $85,300 doesn’t count against Atlanta’s cap, it’s probably not a coincidence that that’s the exact amount of cash the Rockets sent to the Hawks in the Durant blockbuster.

The Hawks now have just Eli Ndiaye on a two-way contract, with undrafted rookie Lamont Butler rumored to be filling one of the two remaining openings. The team also has two-way qualifying offers on the table for Jacob Toppin and Keaton Wallace.

This is the second time in 2025 that the Hawks have waived Roddy. They also did so in February to make room for incoming players at the trade deadline.

Norman Powell To Heat, John Collins To Clippers In Three-Team Trade

July 7th, 2025 at 4:21pm CST by Arthur Hill

4:21 pm: The three-team trade is official, according to a press release from the Jazz.

9:27 am: The Clippers, Jazz and Heat have reached an agreement on a three-team trade, sources tell Shams Charania of ESPN (Twitter link). The deal will send Norman Powell to Miami, John Collins to L.A. and Kevin Love, Kyle Anderson and a 2027 Clippers second-round pick to Utah.

Powell is coming off the best scoring season of his career and will bring more offensive punch to Miami’s backcourt. After finishing fourth in the Sixth Man of the Year balloting in consecutive seasons, Powell was moved into the starting lineup and responded by averaging 21.8 points per game while shooting 48.4% from the field and 41.8% from three-point range.

Powell, 32, will make $20.5MM next season before becoming a free agent in 2026. He’s eligible for a three-year extension worth $77.4MM. Those limits would increase to $128.5MM over four years in six months.

The Clippers were reluctant to give Powell a long-term extension, sources tell Michael Scotto of HoopsHype (Twitter link). With Kawhi Leonard and James Harden both signed through 2026/27, the team is preserving cap space for 2027 free agency.

Miami will use the expanded traded player exception to acquire Powell, Bobby Marks of ESPN notes (Twitter link), hard-capping them at the first tax apron, and will be $1.3MM over the luxury tax line once the deal is complete.

Miami will be just $3.9MM away from that first-apron threshold once the trade is complete, so it won’t be able to use the full taxpayer mid-level exception of $5.7MM, according to cap expert Yossi Gozlan (Twitter link), who also speculates that acquiring Powell means the team is probably no longer a logical fit for Bradley Beal, who is believed to be nearing a buyout with Phoenix.

Collins, 27, will bring more frontcourt depth to a Clippers team that recently added Brook Lopez in free agency. Collins has been a starter in Utah since being acquired from Atlanta two years ago, but he was limited to 40 games last season. He has one year left on his contract at $26.6MM and can sign an extension worth up to $100.5MM over three years, per Marks. While a massive payday is unlikely for Collins, it’s worth noting those extension limits would increase six months after the trade to $166.7MM over four years.

L.A. is now $6.7MM below the first apron with $5.3MM of its mid-level exception remaining, according to Gozlan (Twitter link). With their top three-point shooter now gone, Gozlan expects the Clippers to be in the market for Beal.

Anderson, 31, has been a useful contributor on contending teams throughout his career, but it’s not clear how he fits in with the rebuilding Jazz. His contract covers two more seasons at $9.2MM and $9.7MM, but 2026/27 is non-guaranteed. Love, who’ll turn 37 in September, has a $4.15MM expiring deal and will likely become a buyout candidate.

Gozlan notes that Utah can create a $26.6MM trade exception by using the mid-level exception to take on Anderson and Love (Twitter link). Alternatively, the Jazz could create roughly $22MM in cap space by waiving the non-guaranteed contracts of KJ Martin ($8MM) and Jaden Springer ($2.4MM) and could be in position to make a play for one of the remaining free agents.

It sounds like Utah will continue operating over the cap, going the trade exception route, tweets Marks.

Timberwolves Sign Joan Beringer To Rookie Deal

July 7th, 2025 at 3:55pm CST by Luke Adams

The Timberwolves have officially signed first-round pick Joan Beringer to his rookie scale contract, according to a press release from the team.

One of the top international players in this year’s draft class, Beringer played this past season for Cedevita Olimpija in Slovenia, where he averaged 4.9 points, 4.1 rebounds, and 1.5 blocks in 18.3 minutes per game in 30 outings in the ABA League.

The young Frenchman, who will turn 19 in November, has only played basketball for four years and is still learning the game, notes ESPN’s Jonathan Givony, who adds that Beringer possesses “outstanding” physical tools, including the coveted combination of defensive mobility and rim-protecting ability.

Timberwolves general manger Matt Lloyd told reporters after June’s draft that several team officials became convinced that Beringer was a perfect fit for the franchise after watching him work out and meeting with him in Chicago during the pre-draft process. Minnesota just wasn’t sure if he would still be available at No. 17 overall.

“Joan is one of those rare cases where the best player available also had a fit,” Lloyd said. “And we were sweating it. … It was a long night of waiting.”

As our breakdown of rookie scale salaries shows, assuming Beringer assumes the maximum allowable 120% of the rookie scale, which is likely, his deal will be worth about $20.3MM over four years, including $4.2MM in year one. The first two seasons are guaranteed, followed by team options in years three and four.