Transactions Rumors | Hoops Rumors

Raptors Waive Jared Rhoden

July 1st, 2025 at 4:46pm CST by Luke Adams

The Raptors have waived guard Jared Rhoden, according to NBA.com’s official transaction log. He had been on a two-way contract.

Rhoden, who also spent time with the Hornets in 2024/25, appeared in 10 games as a Raptor, averaging 11.4 points, 3.8 rebounds, and 1.4 assists in 21.5 minutes per night, with a shooting line of .506/.324/.880.

The 6’5″ guard bumped up those averages to 19.0 PPG, 6.9 RPG, and 3.4 APG in 31.4 MPG on .507/.393/.648 shooting in 26 regular season outings for the Raptors 905, Toronto’s G League affiliate.

However, Rhoden has spent the past few months in recovery mode, having undergone surgery in April to repair a torn labrum in his right shoulder. The Raptors announced at the time that his recovery timeline would likely be about four to six months, so he won’t be able to play in Summer League, but could catch on with a team for training camp.

Toronto now has a pair of players on two-way contracts, with carryover Ulrich Chomche joined by undrafted rookie Chucky Hepburn, who finalized his deal earlier today. The team still has one two-way slot available.

Larry Nance Jr. Returns To Cavaliers

July 1st, 2025 at 4:26pm CST by Dana Gauruder

July 6: Nance has officially finalized his new deal with the Cavaliers, per a press release from the team.

July 1: Veteran forward Larry Nance Jr., who finished the season with the Hawks, is signing a free agent contract with the Cavaliers, Marc Stein of The Stein Line tweets.

It’s a one-year agreement, per ESPN. As a second-apron team, the Cavaliers can only offer Nance a veteran’s minimum deal.

The journeyman, an Ohio native, will enter his second stint with Cleveland. He played for the Cavaliers from 2017-21.

Nance, 32, appeared in just 24 games in his lone season with Atlanta after two-plus years with New Orleans. The big man underwent surgery for a broken bone in his right hand in January and had his season cut short by a knee ailment. He averaged 8.5 points, 4.3 rebounds and 1.6 assists in 19.3 minutes per game.

Nance has long been valued for his toughness, rebounding and locker room leadership. He could see action at both power positions behind starters Evan Mobley and Jarrett Allen.

Nance is taking a significant pay cut, as he made $11.2MM last season.

He had been the No. 44 free agent on our top-50 list.

Clippers Waive Drew Eubanks, Who Will Sign With Kings

July 1st, 2025 at 4:11pm CST by Luke Adams

The Clippers are waiving big man Drew Eubanks, whose $4.75MM salary for the coming season is non-guaranteed, reports Shams Charania of ESPN (Twitter link). Eubanks has been officially placed on waivers, per NBA.com’s transaction log.

According to Charania, Eubanks intends to sign a one-year contract with the Kings once he clears waivers.

Eubanks, 28, opened the 2024/25 season with the Jazz and appeared in 37 games for the club, averaging 5.8 points, 4.5 rebounds, and 1.2 assists in 15.4 minutes per contest.

His playing time dropped off after being sent to the Clippers in a deadline deal — the 6’10” center averaged just 2.7 PPG and 2.4 RPG in 7.4 MPG across 24 appearances in Los Angeles and only saw garbage-time action in the playoffs for the Clippers.

Based on his nearly nonexistent role in L.A., Eubanks was always expected to be waived this offseason rather than seeing his $4.75MM salary become guaranteed.

As Bobby Marks of ESPN tweets, the Clippers now have a pair of roster spots open and are projected to operate about $5MM below the tax line and $12.5MM below the first tax apron. If they fill out their roster with a pair of minimum-salary players, they’ll remain out of tax territory, notes cap expert Yossi Gozlan (Twitter link).

As for the Kings, they’ll add some frontcourt depth after having agreed to trade backup center Jonas Valanciunas to Denver. I’d expect Eubanks’ new deal to be worth his minimum salary. A one-year, minimum deal would pay him about $3.08MM while carrying a $2.3MM cap hit for Sacramento.

Celtics Sign First-Round Pick Hugo Gonzalez

July 1st, 2025 at 3:42pm CST by Alex Kirschenbaum

The Celtics have officially signed first-round draft pick Hugo Gonzalez, the team announced today in a press statement.

Gonzalez, a 6’6″ wing formerly with Real Madrid, was selected with the No. 28 pick at the end of the first round last Wednesday. On Monday, Real Madrid announced in its own press release that it had officially parted with Gonzalez, clearing the way for him to sign with Boston.

The Celtics noted in their statement that Gonzalez is the first Spanish player ever drafted by the 18-time world champs.

Gonzalez appeared in 69 total games for Real Madrid in 2024/25, splitting those tilts between the Spanish ACB league (Liga ACB), the Spanish Cup and the EuroLeague.

In 29 Spanish ACB league outings last season, the 19-year-old averaged 5.2 points, 2.5 rebounds, and 0.9 assists. He’s not much of a long-range shooter yet, as he’s averaging just 27.1% on 1.1 three-point attempts per game across his three Real Madrid seasons.

If Gonzalez signs for the full 120% of his rookie scale amount, he’d make $2.83MM in year one and $14.3MM over the life of his four-year contract. However, it’s worth noting that Boston had been hoping to find a player at No. 28 who was willing to accept less than that maximum allowable 120% for cap reasons. Gonzalez may not have agreed to do so, but until we get the official numbers, it may be premature to lock in his salary figures.

Raptors Finalize Murray-Boyles, Hepburn Signings

July 1st, 2025 at 2:42pm CST by Alex Kirschenbaum

The Raptors have officially signed No. 9 overall draft pick Collin Murray-Boyles and finalized their reported agreement with two-way player Chucky Hepburn, per a pair of team press releases.

An All-SEC second teamer during his 2024/25 sophomore season at South Carolina, Murray-Boyles notched averages of 16.8 PPG, 8.3 RPG and 2.4 APG across 32 contests. His 58.6% field goal percentage paced the conference.

Murray-Boyles, a 6’7″ forward, will earn $6.33MM during the first season of his rookie scale deal and a total of $28.82MM across his first four pro years.

Despite being the 2025 ACC Defensive Player of the Year and an All-ACC First Teamer at Louisville as a senior last year, Hepburn went undrafted last week. The 6’2″ guard was quickly snagged by Toronto. Across 34 games in 2024/25, Hepburn averaged 16.4 PPG, 5.8 APG and 3.5 RPG.

As a two-way player, Hepburn will likely split his time between Toronto and the team’s G League affiliate, the Raptors 905. He’ll be eligible to suit up for 50 regular season contests with Toronto before the team would need to elevate him to its standard roster.

Celtics Sign Josh Minott To Two-Year Deal

July 1st, 2025 at 2:40pm CST by Arthur Hill

July 7: The Celtics have officially signed Minott, per NBA.com’s transaction log.

July 1: The Celtics and free agent forward Josh Minott have agreed to terms on a two-year deal worth $5MM, reports Shams Charania of ESPN (Twitter link). The contract includes a team option, Michael Scotto of HoopsHype tweets.

It’s the second time in two days the Celtics have agreed to a two-year, minimum-salary contract with a former Timberwolf who had his team option declined by Minnesota over the weekend — Boston also struck a deal with big man Luka Garza on Monday.

Minott, 22, was the 45th overall pick by Charlotte in 2022 and was traded to Minnesota on draft night. He was never able to earn a rotation spot with the Wolves, appearing in 93 total games in three seasons, including 46 this year, with career averages of 2.3 points and 1.0 rebounds in 5.0 minutes per night.

The addition of Minott brings the Celtics’ roster to 15 players and pushes their projected team salary slightly back over the second tax apron, according to cap expert Yossi Gozlan (Twitter link). Boston won’t ultimately operate in second-apron territory and could duck back under by simply waiving a player on a non-guaranteed salary, though additional moves are likely.

Cavaliers Sign Tyrese Proctor

July 1st, 2025 at 2:22pm CST by Arthur Hill

Second-round pick Tyrese Proctor has signed with the Cavaliers, according to NBA.com’s transactions log.

It’s a four-year, $8.69MM contract with full guarantees for the first two seasons, a partial guarantee for the third and a team option in the final year, sources tell Michael Scotto of HoopsHype (Twitter link).

Proctor was a third-team All-ACC selection this year at Duke, where he averaged 12.4 points, 3.0 rebounds and 2.2 assists in 38 games. The native of New South Wales is a product of the NBA Global Academy, which he attended in 2021, and a member of the Australian national team.

Proctor, who was selected at No. 49, is Cleveland’s highest draft pick this season. Having him fill a standard roster spot on a rookie contract rather than giving him a two-way deal will provide financial benefits for a Cavs team that is hovering near the second apron.

Raptors, Jakob Poeltl Finalize Extension

July 1st, 2025 at 1:43pm CST by Arthur Hill

July 8: The Raptors and Poeltl have officially finalized their new contract agreement, the team announced in a press release.

“Jakob has developed into one of the league’s top two-way centers and signing him to an extension was a top priority this offseason. As valuable as he is on the floor, we also really appreciate his leadership and experience off-court,” general manager Bobby Webster said in a statement. “Jak shares our goals – he wants to win as much we do, and we’re thrilled he’ll be a Raptor for seasons to come.”

“Toronto has always felt like home for me – I want to be a Raptor for life. Thanks to Bobby and team ownership for believing in me, and to the fans for their amazing support,” Poeltl added in a statement of his own. “We have a young core that’s full of potential and I believe we’re ready to take the next step. I can’t wait to get together back on the Scotiabank Arena court.”

July 1: Veteran big man Jakob Poeltl will sign a contract extension with the Raptors, sources tell Shams Charania of ESPN (Twitter link). Poeltl will pick up his $19.5MM player option for the 2026/27 season and add three more years to the deal.

According to Charania, the four years beyond ’25/26 will be worth $104MM in total, which means Poeltl is getting $84.5MM in new money on the three newly added seasons. That works out to roughly $28MM per season.

The deal includes a trade kicker, according to Michael Scotto of HoopsHype (Twitter link), who states that Poeltl hopes to play the rest of his career in Toronto. Jake Fischer of The Stein Line adds (via Twitter) that the final year is only partially guaranteed for $5MM, though that there are triggers that could increase that partial guarantee.

Agents Michael Tellem and Sam Goldfeder of Excel Sports considered several options for Poeltl, including an extension while declining the option, Charania adds (Twitter link), but the decision to opt in was made to give the Raptors more flexibility over the next two years.

The 29-year-old center put up career-best numbers this season, averaging 14.5 points and 9.6 rebounds in 29.6 minutes per night, but he was limited to 57 games. Josh Lewenberg of TSN Sports states (via Twitter) that Poeltl sat out games late in the season despite being healthy, which he likely wouldn’t have agreed to do unless he knew he had a new contract coming.

Poeltl has been the Raptors’ starting center since being acquired from San Antonio at the 2023 trade deadline. He’s a strong contributor on both ends of the court, shooting 62.7% from the field this season while posting 1.2 blocks and 1.2 steals per game.

Toronto refused to include Poeltl in recent trade talks with Phoenix involving Kevin Durant. The Suns reportedly asked for Poeltl and received a “firm” no from the Raptors.

The new contract means Poeltl can’t be traded for the next six months, according to cap expert Yossi Gozlan (Twitter link).

Sixers Sign VJ Edgecombe, Johni Broome, Hunter Sallis

July 1st, 2025 at 1:26pm CST by Arthur Hill

The Sixers have signed first-round pick VJ Edgecombe and second-rounder Johni Broome, the team announced in a press release.

Edgecombe was the third overall selection after a spectacular season at Baylor, where he was named Big 12 Freshman of the Year and earned second-team all-conference honors. He’s an explosive athlete with the potential to excel for Philadelphia at both ends of the court.

All first-round picks are eligible to receive up to 120% of the NBA’s rookie scale salary. If he gets the full amount, Edgecombe will make $11.1MM in his first season and $50.4MM over the four years of the contract.

Broome was SEC Player of the Year at Auburn and a finalist for the Wooden Award, which honors the top player in college basketball. He received a four-year deal with the first two seasons guaranteed and a team option on the final year, according to Kyle Neubeck of PHLY Sports (Twitter link). Broome was signed using the second-round exception.

The Sixers also signed Hunter Sallis to a two-way contract. The 22-year-old guard ranked fifth in the ACC in scoring this season at Wake Forest.

Raptors Sign Sandro Mamukelashvili

July 1st, 2025 at 1:02pm CST by Luke Adams

July 3: The Raptors have officially signed Mamukelashvili, per NBA.com’s transaction log. Since non-minimum contracts can’t be signed during the July moratorium, we now have confirmation that the big man will be on a minimum deal.

July 1: The Raptors have made a deal to fortify their frontcourt, agreeing to terms with free agent forward/center Sandro Mamukelashvili on a two-year contract worth $5.5MM, reports Shams Charania of ESPN (Twitter link).

The deal will include a second-year player option, Charania adds. It will likely be a minimum-salary contract that’s being rounded up from about $5.26MM.

Mamukelashvili, 26, has spent the past two-and-a-half seasons in San Antonio after a stint with the Bucks earlier in his NBA career. He has been productive with the Spurs but has played limited minutes, including in 2024/25, when he made 61 appearances but averaged just 11.2 minutes per night. He put up 6.3 points and 3.1 rebounds per game in that role off the bench.

Mamukelashvili’s most memorable night came on March 19 when he went off for 34 points and nine rebounds in just 19 minutes of action against New York. He made 13-of-14 shots from the floor, including all seven of his three-pointers.

The Raptors had been in the market for a frontcourt addition with Chris Boucher in free agency. Mamukelashvili figures to vie for minutes behind starting center Jakob Poeltl.