Transactions Rumors | Hoops Rumors

Lakers Sign Four Players To Exhibit 10 Contracts

July 26th, 2025 at 3:58pm CST by Luke Adams

The Lakers have added four players to their offseason roster, announcing today (via Twitter) that guards RJ Davis and Augustas Marciulionis and forwards Eric Dixon and Arthur Kaluma have officially signed with the club. All four players received Exhibit 10 contracts, according to Dave McMenamin of ESPN (Twitter link).

All four of these players are undrafted rookies who reached agreements to join the Lakers shortly after the draft wrapped up in June, so none of the signings come as a surprise. However, it’s worth noting that reporting last month suggested that Dixon would get a two-way contract — instead, he has joined the team on an Exhibit 10 deal.

Dixon was the top prospect on ESPN’s big board who went undrafted having been ranked 44th overall prior to the draft. The 6’8″ lefty led all Division I players in scoring in 2024/25, putting up 23.3 points per game on .451/.407/.813 shooting splits in 35 appearances for Villanova (34.8 MPG). He also chipped in 5.1 rebounds per contest en route to third-team All-American honors.

According to Dan Woike of The Athletic (Twitter link), Dixon didn’t play for the Lakers’ Summer League team due to a foot injury — that may also be the reason why he ultimately signed an Exhibit 10 contract instead of a two-way deal. Since Exhibit 10s can be converted to two-way contracts before the start of the regular season, it remains possible that Dixon will get a promotion at some point.

Davis, a six-foot guard who earned ACC Player of the Year honors for the 2023/24 season, averaged 17.2 points and 3.6 assists per game for North Carolina as a super-senior in ’24/25.

A two-time WCC Player of the Year, Marciulionis averaged 14.2 PPG, 5.9 APG, and 4.1 APG in 35 outings last season for Saint Mary’s. The 6’4″ Lithuanian guard posted shooting splits of .446/.347/.793.

Kaluma, a 6’7″ wing, registered averages of 12.3 PPG, 7.5 RPG, and 1.8 APG during his final NCAA season for Texas, with a shooting line of .462/.359/.784. Prior to his Longhorns stint, Kaluma also suited up for Creighton and Texas State.

Exhibit 10 contracts are non-guaranteed but include bonuses worth up to $85,300 if the player is waived and then spends at least 60 days with his team’s G League affiliate.

Clippers To Sign TyTy Washington Jr.

July 26th, 2025 at 1:48pm CST by Luke Adams

The Clippers and free agent guard TyTy Washington Jr. have reached an agreement on a one-year deal, agent Kevin Bradbury tells Shams Charania of ESPN (Twitter link).

While Charania doesn’t mention any financial details, the Clippers are right up against a first-apron hard cap and can’t currently sign a free agent to a standard contract. That suggests Washington will be getting a non-guaranteed Exhibit 10 deal, which wouldn’t count against the cap.

Washington, 23, was the 29th overall pick in the 2022 draft, but played a limited role across 31 outings for the Rockets as a rookie and was traded twice during the 2023 offseason – from Houston to Atlanta to Oklahoma City – before being waived by the Thunder. He subsequently spent his second season on a two-way contract with Milwaukee and his third year on a two-way deal with Phoenix.

Washington has made a total of 58 regular season appearances since entering the league, averaging 3.3 points, 1.2 assists, and 1.1 rebounds in 10.5 minutes per game, with a shooting line of .347/.234/.542. He has performed much better in the G League, putting up 21.7 points and 7.4 assists per game with a .414 3PT% in 32 games last season for the Valley Suns.

As a three-year veteran entering his fourth NBA season, Washington remains eligible for a two-way contract, so it’s possible he could claim one of the Clippers’ two-way spots (which are occupied for now) with a strong showing in training camp. Otherwise, he may end up as an affiliate player for the San Diego Clippers, L.A.’s G League team.

Heat, Gabe Madsen Agree To Exhibit 10 Deal

July 26th, 2025 at 1:32pm CST by Luke Adams

Undrafted rookie shooting guard Gabe Madsen has agreed to sign an Exhibit 10 contract with the Heat, reports Jon Chepkevich of DraftExpress (Twitter link).

Madsen spent the past four years playing for the University of Utah. In his final college season in 2024/25, he averaged 15.2 points, 2.6 rebounds, and 2.5 assists in 29.7 minutes per game across 33 outings (all starts), with a .371/.322/.854 shooting line.

Those subpar shooting numbers were uncharacteristic for Madsen, who had made 38.2% of his career three-point tries prior to last season. He showed off his long-range ability this month while playing for the Warriors at the California Classic and Las Vegas Summer Leagues, averaging 9.2 PPG with a .519 3PT% in just 14.0 MPG across six appearances.

As Chekpevich notes, Madsen’s best performance came in Vegas vs. Utah, when he racked up 22 points and made six three-pointers in less than 17 minutes of action.

An Exhibit 10 contract is a one-year, minimum-salary deal that is fully non-guaranteed and doesn’t count against the salary cap unless the player makes his team’s regular season roster. They can be converted into two-way deals prior to the start of the regular season. They also make a player eligible to earn a bonus worth up to $85,300 if he’s waived and then spends at least 60 days with his team’s G League affiliate.

Magic Sign Jamal Cain To Two-Way Contract

July 25th, 2025 at 7:10pm CST by Eli Cohen

The Magic have signed free agent forward Jamal Cain to a two-way contract, reports Jason Beede of the Orlando Sentinel (via Twitter).

Orlando confirmed the signing in a press release (via Twitter).

Cain played 37 games for the Pelicans last season, averaging 5.3 points and 2.3 rebounds in 13.6 minutes per contest. His shooting line was .430/.325/.680.

The 26-year-old spent the previous two seasons with the Heat after going undrafted in the 2022. Over 44 games in Miami (11.3 MPG), Cain averaged 4.4 PPG and 2.0 RPG on .490/.353/.778 shooting splits.

After previously signing Orlando Robinson to a two-way deal, the Magic have one more two-way spot open. Orlando recently had Ethan Thompson on a two-way deal, but waived him earlier in the week.

Sixers Waive Ricky Council IV

July 25th, 2025 at 4:13pm CST by Eli Cohen

The Sixers are waiving Ricky Counci l IV, the team announced in a press release (via Twitter).

Council signed a four-year, partially guaranteed deal with the Sixers in 2024, which included a non-guaranteed $2,221,677 salary for the 2025/26 season and a team option for ’26/27. Last season, he averaged 7.3 points, 2.9 rebounds, and 1.3 assists in 17.1 minutes per night.

As Kyle Neubeck of PHLY Sports notes (via Twitter), the timing of the move was unexpected, given that Council’s guarantee date is on January 10, 2026, and the team currently has an open roster spot if they need it to add restricted free agent Quentin Grimes.

While Council struggled with his three-point shot last season, he emerged as a reliable depth contributor, playing a team-high 73 games while bringing athleticism and energy from the wing positions.

Philadelphia is now carrying 13 players on standard contracts. Twelve of those 13 are fully guaranteed, while Adem Bona‘s deal has a 50% partial guarantee.

Hornets Sign Antonio Reeves To Two-Way Contract

July 25th, 2025 at 4:07pm CST by Luke Adams

July 25, 4:07 pm: The Hornets have officially signed Reeves and waived Baugh, the team confirmed in a press release.

July 23, 3:11 pm: The Hornets will waive Baugh to make room for Reeves, according to Michael Scotto of HoopsHype (Twitter link).

July 23, 3:03 pm: The Hornets have reached an agreement to sign free agent guard Antonio Reeves to a two-way contract, reports Shams Charania of ESPN (Twitter link).

Reeves, 24, was the 47th overall pick in the 2024 draft and appeared in 44 games as a rookie for the Pelicans, averaging 6.9 points and 1.4 rebounds in 15.0 minutes per game, with a solid shooting line of .456/.395/.800.

The former Kentucky standout also excelled at the G League level, putting up 24.9 PPG and 5.8 RPG on .470/.416/.800 shooting in 11 appearances for the Birmingham Squadron, New Orleans’ affiliate.

It came as a bit of a surprise when the Pelicans opted to waive Reeves earlier this month before his minimum salary for 2025/26 could become guaranteed, but there’s a new group of decision-makers in New Orleans’ front office who weren’t responsible for drafting him last June.

Charlotte doesn’t currently have a two-way slot open, so KJ Simpson, Damion Baugh, or Drew Peterson will need to be waived in order to create an opening for Reeves.

Peterson was just signed last week, which suggests that either Simpson or Baugh – both carryovers from last season – will be the odd man out. For what it’s worth, Simpson earned a spot on the All-Summer League second team, though Baugh played pretty well too for the summer champions in Las Vegas.

Heat Sign Myron Gardner To Two-Way Deal

July 25th, 2025 at 10:55am CST by Luke Adams

10:55 am: The Heat have officially signed Gardner, the team announced in a press release.

9:58 am: Free agent guard/forward Myron Gardner has agreed to sign a two-way contract with the Heat, agent Jake Cohen tells NBA insider Chris Haynes (Twitter link). The deal will cover two seasons, according to Ira Winderman of The South Florida Sun Sentinel (Twitter link).

Gardner, 24, went undrafted out of Little Rock in 2023 and has spent his first two professional seasons playing for the Osceola Magic, Orlando’s G League affiliate. In 50 total appearances for Osceola last season, he averaged 10.0 points, 6.2 rebounds, 1.5 assists, and 1.0 steal in 21.2 minutes per game, with a shooting line of .488/.353/.761.

Gardner impressed the Heat this month with his play at the California Classic and Las Vegas Summer Leagues. In four total outings, he put up 13.2 PPG, 4.2 RPG, 1.8 APG, and 2.8 SPG on .500/.615/1.000 shooting, earning praise from Summer League head coach Eric Glass, who praised the way that Gardner “assaults the paint.”

“He’s so aggressive, he’s so strong going downhill,” Glass said, per Anthony Chiang of The Miami Herald.

As our tracker shows, Gardner will fill the Heat’s second two-way slot, alongside big man Vladislav Goldin. The expectation is that guard Dru Smith will take the team’s third two-way contract sooner or later — Miami gave him a two-way qualifying offer last month.

Gardner will be eligible to appear in a maximum of 50 NBA regular season games in 2025/26 on his two-way deal, which will pay him $636,435.

Ron Harper Jr. Released By Pistons

July 24th, 2025 at 5:25pm CST by Rory Maher

Forward Ron Harper Jr., who was on a two-way contract, has been released by the Pistons, according to the official transaction log at NBA.com (hat tip to Michael Scotto of HoopsHype).

Harper, who went undrafted out of Rutgers in 2022, spent his first year-and-a-half in the NBA on two-way contracts with the Raptors. Toronto released him in December 2023, and he was a free agent until he signed a training camp deal with Boston last summer.

The 25-year-old didn’t make the Celtics’ standard roster for 2024/25, having been waived last October. He caught on with the Pistons in early January, but only appeared in one NBA game with Detroit.

A 6’6″ wing, Harper spent the majority of last season in the NBA G League, averaging 16.2 PPG, 3.9 RPG, 2.2 APG and 0.9 SPG in 37 total appearances with the Motor City Cruise and Maine Celtics (29.6 MPG). He shot 38.6% from three-point range on high volume (8.2 attempts per game).

The Pistons have a two-way qualifying offer on the table for Daniss Jenkins and are reportedly signing Colby Jones on a two-way deal as well. If Jenkins returns on a two-way contract, all three of their spots will be filled.

Harper only has three years of NBA experience, so he remains eligible for a two-way deal with another team. Harper is the son of former NBA veteran Ron Harper and the older brother of Dylan Harper, who was selected No. 2 overall by the Spurs in last month’s draft.

Spurs Sign Lindy Waters On One-Year Deal

July 24th, 2025 at 5:13pm CST by Dana Gauruder

July 24: Waters is officially a Spur, according to NBA.com’s transaction log. Michael Scotto of HoopsHype reports (via Twitter) that the minimum-salary deal includes a $500K partial guarantee.

July 23: Free agent swingman Lindy Waters III has agreed to a one-year contract with the Spurs, ESPN’s Shams Charania tweets.

San Antonio officially had 13 players on its 15-man roster entering Wednesday, as our roster counts show, so the team won’t have to make room for Waters.

Waters spent his first three NBA seasons with Oklahoma City. He finished last season with the Pistons after playing with the Warriors until the trade deadline. Waters was acquired by Detroit in the multi-team blockbuster deal that sent Jimmy Butler to Golden State.

Waters played 38 games for the Warriors, including nine starts, and averaged 5.5 points, 2.5 rebounds and 1.1 assists in 17.2 minutes per night. The Warriors acquired him in a draft-night trade with the Thunder.

Waters’ playing time dropped in Detroit, as its main motivation in the trade was to acquire backup guard Dennis Schroder. Waters made 14 appearances off the bench for the Pistons, averaging 3.4 PPG in 8.8 MPG.

Waters has 156 games of NBA experience and has taken a vast majority of his shot attempts from beyond the three-point arc. He’s had a 36.6 percent success rate from long range in his career.

With Rookie of the Year Stephon Castle, lottery pick Dylan Harper, Devin Vassell and Julian Champagnie among the Spurs’ options at the wing, there’s no clear path for Waters to gain rotation minutes but he’ll add depth at the shooting guard and small forward positions.

Lakers Add Christian Koloko, Chris Manon On Two-Way Deals

July 24th, 2025 at 5:08pm CST by Rory Maher

July 24: Manon is officially a Laker now as well, according to the team (Twitter link via Khobi Price of The Southern California News Group).

July 23: Koloko has officially been signed to a two-way contract, Dan Woike of The Athletic tweets.

July 21: The Lakers are filling two of their three two-way slots by signing Christian Koloko and Chris Manon, according to Shams Charania of ESPN (Twitter link).

L.A. made Koloko a restricted free agent in June when the team gave him a qualifying offer. There was an expectation he’d return to the Lakers, but he drew outside interest as well, tweets Charania.

The 7’1″ center from Cameroon showed promise as a rookie with Toronto in 2022/23 after being selected No. 33 overall in the 2022 draft, but his career was sidetracked by a blood clot issue which sidelined him for the entire 2023/24 season. He was medically cleared to continue playing last fall and wound up with the Lakers on a two-way contract.

Koloko made 37 appearances with the Lakers last season, averaging 2.4 points and 2.5 rebounds in 9.2 minutes per contest. He also played in 12 G League games with the Lakers’ affiliate (South Bay), averaging 14.5 PPG, 8.1 RPG and 3.3 BPG in 29.6 MPG.

The 25-year-old also made five Summer League appearances in Las Vegas, averaging 7.2 PPG, 4.0 RPG, 1.2 SPG and 2.6 BPG in 17.5 MPG.

Manon, a 6’5″ guard/forward, went undrafted out of Vanderbilt last month. He played for the Warriors in both the California Classic and Las Vegas Summer Leagues, Charania notes.

Manon thrived at creating turnovers in his four-year college career, the first three of which he spent with Cornell. He posted career averages of 9.9 PPG, 3.8 RPG, 2.1 APG and 2.0 SPG on .535/.304/.728 shooting in just 19.6 MPG.

The 23-year-old wing made seven total Summer League appearances for Golden State (17.1 MPG), per RealGM, averaging 9.0 PPG, 4.3 RPG, 1.9 APG, 1.6 SPG and 1.4 BPG, with a shooting line of .442/.286/.676.

All three of the Lakers’ two-way spots will be filled once the deals for Koloko and Manon are official, with center Trey Jemison currently the third player on a two-way contract.

The Lakers reportedly agreed to a two-way deal with former Villanova forward Eric Dixon shortly after he went undrafted in June. It’s unclear what will happen with Dixon now that all three spots are occupied, but it’s worth noting that two-way contracts are non-guaranteed and don’t count against the salary cap, so further changes are certainly possible.

Assuming L.A. eventually carries a full 15-man standard roster (the team may open the season with 14), both Koloko and Manon can be active for up to 50 games next season. Each player will earn $636,435 in ’25/26.