Transactions Rumors | Hoops Rumors

Kings Ink Alex Len To Two-Year Contract

August 2nd, 2021 at 7:48pm CST by Alex Kirschenbaum

AUGUST 13: The Kings have announced the signing in a press release.

“It is great to welcome Alex back to the Kings,” GM Monte McNair said. “Alex will add toughness, competitiveness and experience while securing our front line depth.”

AUGUST 2: The Kings are set to sign journeyman free agent center Alex Len to a two-season contract, per Shams Charania of The Athletic (via Twitter). The two-year deal will be worth $7.65MM, tweets Michael Scotto of HoopsHype.

This will be Len’s second stint with Sacramento. He previously played on the Kings for a portion of the 2019/20 NBA season.

The fifth overall selection out of Maryland in 2013 by the Suns, Len also logged time with the Hawks. Atlanta eventually traded Len for his first tour of duty with the Kings.

Len, 28, most recently suited up for the Wizards for the majority of the 2020/21 season. After initially inking a one-year, $2.32MM deal with the Raptors in the 2020 offseason, Len fell out of the Toronto rotation quickly. The Raptors eventually waived Len. After clearing waivers, he then signed on with the Wizards for the rest of the season.

The seven-footer was able to carve out more rotation minutes at his next NBA stop, operating as a solid contributor to a playoff-bound club with Washington. For the balance of the 2020/21 season, Len averaged 6.6 PPG, 4.1 RPG, and 1.0 BPG across 15.3 MPG in 64 games, including 42 starts.

Photo courtesy of USA Today Sports Images.

Pistons Re-Sign Cory Joseph

August 2nd, 2021 at 7:47pm CST by Luke Adams

AUGUST 10: The Pistons have officially re-signed Joseph, according to NBA.com’s transactions log.

AUGUST 2: Just days after placing him on waivers, the Pistons have agreed to terms with point guard Cory Joseph on a new contract, according to Chris Haynes of Yahoo Sports.

Klutch Sports CEO Rich Paul tells Haynes that Joseph’s new deal with Detroit will be worth $10MM over two years. The deal includes a second-year player option, Haynes adds (via Twitter).

Joseph, who will turn 30 later this month, began last season with Sacramento and was sent to Detroit at the March trade deadline. He played very well with the Pistons down the stretch, averaging 12.0 PPG, 5.5 APG, and 3.2 RPG on .506/.368/.878 shooting in 19 games (26.4 MPG).

Joseph was under contract for 2021/22, but his $12.6MM salary was only partially guaranteed for $2.4MM. By waiving him and re-signing him to a new deal, the Pistons avoided guaranteeing that full $12.6MM and will get him back at a more affordable rate. He’ll serve as a veteran mentor for first overall pick Cade Cunningham.

The Pistons, who project to be a cap-space team this offseason, may end up signing Joseph with the room exception, since it will be worth right around $10MM over two years.

Nicolas Batum Re-Signs With Clippers

August 2nd, 2021 at 7:43pm CST by Dana Gauruder

AUGUST 13: The Clippers have officially re-signed Batum, the team announced today in a press release.

“Nico is a terrific player, a selfless teammate and a consummate professional, who lifts us in a lot of different ways,” president of basketball operations Lawrence Frank said in a statement. “He fit in perfectly from the beginning, and we’re grateful he’s chosen to return.”

AUGUST 2: Forward Nicolas Batum has agreed to re-sign with the Clippers on a two-year contract, Shams Charania of The Athletic tweets. The contract includes a player option in the second year, Ohm Youngmisuk of ESPN tweets.

Los Angeles held Non-Bird rights on Batum, allowing the team to re-sign him for $120% of his minimum salary. By utilizing those rights, per Andrew Greif of The Los Angeles Times (Twitter link), the Clippers still have the $5.9MM taxpayer exception at their disposal.

It’s a coup for the Clippers, who were expected to face plenty of competition for Batum’s services, including from Portland, Golden State, Miami, and Indiana

After getting buried on Charlotte’s bench the previous season, Batum enjoyed a career revival with the Clippers. He averaged 8.1 PPG, 4.7 RPG and 2.2 APG in 67 regular-season games, including 38 starts. He also averaged 8.1 PPG, 5.5 RPG and 2.1 APG in 16 postseason games.

Batum began his career in 2008 with Portland.

Mavericks Sign Reggie Bullock

August 2nd, 2021 at 7:24pm CST by Luke Adams

AUGUST 6: The Mavericks have officially signed Bullock, the team announced in a press release. There had been whispers that the Knicks and Mavs might explore a sign-and-trade arrangement, but Dallas ended up signing the veteran wing outright.

AUGUST 2: The Mavericks and free agent swingman Reggie Bullock have agree to a deal, sources tell Tim MacMahon of ESPN (Twitter link). Marc Stein (Twitter link) first reported that the two sides were nearing an agreement, while Jordan Schultz of ESPN (Twitter link) says it’ll be a three-year contract.

Agent David Bauman tells Shams Charania of The Athletic (Twitter link) that Bullock’s three-year deal with Dallas will be worth $30.5MM. Based on that value, it sounds like the Mavs will give Bullock their full mid-level exception if they operate over the cap.

The Mavs appear to be prioritizing adding shooting around star Luka Doncic, and Bullock certainly fits that bill. The 30-year-old is a career 39.2% shooter from beyond the arc and knocked down 41.0% of his three-point attempts for the Knicks this past season.

After an injury-plagued 2019/20 campaign, the former UNC standout bounced back with one of the best years of his career, averaging 10.9 PPG and 3.4 RPG while starting 64 games and averaging 30.0 minutes a night for the East’s No. 4 seed.

Dallas has been busy on the first day of free agency, having also agreed to terms with Tim Hardaway Jr., Boban Marjanovic, and Sterling Brown.

Maurice Harkless Re-Signs With Kings

August 2nd, 2021 at 7:21pm CST by Dana Gauruder

AUGUST 8: Harkless’ deal with the Kings became official late on Saturday night, according to a press release from the team.

“Moe is a consummate professional with a unique unselfishness that makes our group better,” GM Monte McNair said in a statement. “He provides the team with physical defensive versatility and we are fortunate to have Moe’s leadership and veteran experience.”

AUGUST 2: Maurice Harkless has agreed to re-sign with the Kings on a two-year, $9MM deal, agent Nima Namakian told ESPN’s Adrian Wojnarowski (Twitter link).

The journeyman forward was part of a swap with Miami in March that sent Nemanja Bjelica to the Heat. He averaged 6.9 PPG and 2.9 RPG in 24.9 MPG during 26 games with Sacramento, including 20 starts.

Harkless has played for six franchises during a career that began in 2012.

Sacramento possessed non-Bird rights on the defensive-minded Harkless, ESPN’s Bobby Marks tweets. That allowed the Kings to sign him at 120% of his $3.6M 2020/21 salary without eating into their $9.536MM mid-level exception.

Bulls Sign Alex Caruso To Four-Year Deal

August 2nd, 2021 at 7:20pm CST by Dana Gauruder

AUGUST 10: The Bulls have officially signed Caruso, according to the transactions log at NBA.com.

AUGUST 2: The Bulls have agreed to a four-year, $37MM deal with free agent guard Alex Caruso agent Greg Lawrence tells Adrian Wojnarowski of ESPN (Twitter link). Based on the terms of the agreement, it sounds like the team will use most of its mid-level exception on Caruso.

The unrestricted Lakers free agent will provide a defensive presence in Chicago’s restructured backcourt.

The Bulls agreed to a sign-and-trade with the Pelicans to acquire starting point guard Lonzo Ball and Caruso will likely be the primary backup, though he could also get some minutes at shooting guard. He has made 37.7% of his 3-point attempts during his career.

Caruso has been a rotation player for much of the last two seasons. He averaged 6.4 PPG, 2.9 RPG, 2.8 APG and 1.1 SPG in 21.0 MPG this past season.

Knicks, Evan Fournier Agree To Four-Year Deal

August 2nd, 2021 at 7:06pm CST by Dana Gauruder

The Knicks and Evan Fournier are in agreement on a four-year contract that could be worth up to as much as $78MM, a source tells ESPN’s Adrian Wojnarowski (Twitter link). The fourth year isn’t guaranteed, Wojnarowski adds (via Twitter).

The Knicks, who entered the free agent period with the most money to spend, were looking for a wing to provide an offensive boost. Fournier will step right in as the team’s starting shooting guard or small forward.

He averaged 17.1 PPG and 3.4 APG in a combined 42 regular-season games with Orlando and Boston during his walk year. He missed time due to back, groin and knee injuries and also was placed under health and safety protocols after contracting COVID-19 in April.

Fournier averaged 15.4 PPG in five postseason games.

During the 2019/20 season, Fournier averaged a career-best 18.5 PPG in 66 games. He’s a career 37.9% 3-point shooter.

The Celtics signaled they wouldn’t try to re-sign Fournier when they acquired Josh Richardson from Dallas.

Spurs Sign Zach Collins To Three-Year Contract

August 2nd, 2021 at 7:01pm CST by Dana Gauruder

AUGUST 11: The signing is official, the team confirms in a press release.

AUGUST 2: The Spurs have decided to roll the dice on injury-plagued free agent forward Zach Collins.

Collins is departing the Trail Blazers on a three-year, $22MM deal, agent Mark Bartelstein told ESPN’s Adrian Wojnarowski (Twitter link).

The 10th pick of the 2017 draft, Collins has seen his career sidetracked by injuries. The Trail Blazers decided not to extend him a $7MM qualifying offer, making Collins an unrestricted free agent.

Collins has only appeared in 11 games the past two seasons due to shoulder, foot and ankle injuries.

Collins had a major setback in late June when another fracture was discovered in his left foot. He underwent a second revision surgery to repair a left medial malleolus stress fracture and will require another 4-6 month recovery period.

“Obviously with me being a free agent, it makes it tough,” Collins said last month. “But I’m less concerned about what type of deal I’m going to get, or how many years it’s going to be, or who I’m going to play for … I’m more focused on this rehab and getting this ankle right.”

Bartelstein was confident he could land a multi-year contract for his client, even though Collins will miss at least a portion of next season.

San Antonio is adding at least one other free agent forward, as it also reached a three-year agreement with Doug McDermott.

Lakers Sign Dwight Howard, Wayne Ellington, Trevor Ariza

August 2nd, 2021 at 6:58pm CST by Alex Kirschenbaum

AUGUST 6: The Lakers have officially completed their deal with Howard, the team announced today (via Twitter). The club also confirmed the signings of Ellington and Ariza (Twitter links).

AUGUST 2: The Lakers are set to add three old friends as they prepare to mount another hoped-for deep postseason run for the 2021/22 season.

The team appears to be adding some much-needed perimeter shooting and big man depth after trading away wing Kentavious Caldwell-Pope, big men Montrezl Harrell and Kyle Kuzma and its No. 22 pick in the 2021 draft to the Wizards in a deal for the max salary of future Hall of Fame point guard Russell Westbrook last week.

The club will add free agent shooting guard Wayne Ellington on a one-year contract, according to Chris Haynes of Yahoo Sports (via Twitter).

The oft-traveled Ellington, 33, was most recently knocking down jumpers for the bottom-dwelling Pistons during the 2020/21 season. Ellington averaged 9.6 PPG, 1.8 RPG, and 1.5 APG on .441/.422/.800 shooting. He was last with the Lakers during the 2014/15 season.

Los Angeles will also bring back a pair of prior Lakers champions. 2009 champ Trevor Ariza, a two-way forward, is set to re-join L.A. on a one-year deal, per Adrian Wojnarowski of ESPN (Twitter link).

Ariza, 36, was most recently with the Heat following a mid-season trade from Portland during the 2020/21 season. He played in 30 games with Miami, starting in 27, and averaged 9.4 PPG, 4.8 RPG, 1.8 APG, 1.0 SPG and 0.6 BPG across 28.0 MPG. He posted a solid shooting line of .411/.350/.773, and is a career 35.2% shooter from deep on an average of 4.1 attempts.

Ellington and Ariza should add reliable bench shooting behind the Lakers’ big three of Westbrook and All-Star forwards LeBron James and Anthony Davis. Ariza remains still a solid defender, though he is no longer at the same level of his prior Lakers days.

2020 champ Dwight Howard will return to the Lakers as well, reports Shams Charania of The Athletic (via Twitter).

The Lakers opted not to retain Howard after he and JaVale McGee helped proved rim-rolling and defensive moxie in the post during the team’s 2020 title run, and Howard signed on with the Sixers as All-Star Joel Embiid‘s prime backup for the 2020/21 season.

Howard, 35, has proven he can still be a sneakily-effective reserve center even in his NBA dotage, especially during the regular season. Howard averaged 7.0 PPG, 8.4 RPG, and 0.9 BPG (plus a less-great 2.9 FPG) for Philadelphia in just 17.3 MPG.

Ellington, Ariza, and Howard will all be signing one-year, minimum-salary contracts, according to Broderick Turner of The Los Angeles Times.

Photo courtesy of USA Today Sports Images.

Furkan Korkmaz Re-Signs With Sixers

August 2nd, 2021 at 6:43pm CST by Dana Gauruder

AUGUST 9: The Sixers have officially re-signed Korkmaz, the team announced today in a press release.

AUGUST 2: The Sixers have agreed to re-sign wing Furkan Korkmaz on a three-year, $15MM contract, agents Mike Lindeman and Jeff Schwartz told ESPN’s Adrian Wojnarowski (Twitter link). It’s a fully guaranteed deal, per Derek Bodner of The Athletic (Twitter link).

Philadelphia has full Bird rights on Korkmaz, which will allow the team to ink him without cutting into its mid-level exception, ESPN’s Bobby Marks tweets.

Korkmaz was a late first-round pick in 2016 and joined Philadelphia the following season. Last season, he appeared in 55 games, including 11 starts, and averaged 9.1 PPG. He’s a career 37.7% 3-point shooter and he’s taken 786 of his 1,260 career shot attempts from beyond the arc.

He’ll once again add depth at the small forward spot for an organization angling to make deeper playoff runs.