Transactions Rumors | Hoops Rumors

Clippers Acquire Shai Gilgeous-Alexander From Hornets

June 21st, 2018 at 7:42pm CST by Luke Adams

Shai Gilgeous-Alexander came off the board at No. 11 to the Hornets, but he won’t remain with Charlotte, according to ESPN’s Adrian Wojnarowski (Twitter link). Wojnarowski reports that the Clippers are sending the No. 12 pick and two second-round picks to the Hornets in exchange for Gilgeous-Alexander, Woj adds (via Twitter).

With their newly-acquired No. 12 pick, the Hornets selected Miles Bridges, per Jeff Goodman (Twitter link). The deal is now official.

Gilgeous-Alexander, who remained out of sight through most of the workout process, gets his reported wish to play in L.A. At 6’6″, his size and versatility make him attractive to NBA scouts, some of whom believe he could become the best point guard in the draft. A late bloomer at Kentucky, Gilgeous-Alexander became a starter midway through the season and averaged 14.4 points and 5.1 assists in 37 games.

Bridges failed to raise his draft status after a surprise decision to return to Michigan State for his sophomore season, but he could still be a nice pickup for the Hornets. In two years with the Spartans, he averaged 17.0 points per game and shot 38% from 3-point range.

As for the future picks changing hands in the deal, Rick Bonnell of The Charlotte Observer reports (via Twitter) that the Hornets will get second-rounders in 2020 and 2021.

Arthur Hill contributed to this post.

Knicks’ Kyle O’Quinn Declines Player Option

June 20th, 2018 at 8:05pm CST by clarkcrum

Knicks center Kyle O’Quinn has declined his player option for the 2018/19 season, reports Adrian Wojnarowski of ESPN. O’Quinn will become an unrestricted free agent this summer.

Quinn, 28, enjoyed a career year with the Knicks during the 2017/18 season, averaging a career-high 7.1 points and 6.1 rebounds in 18.0 minutes per game with a .598/..235/.772 shooting line.

Unlike the Hawks’ Dewayne Dedmon, who was reported to have picked up his player option at nearly the same time that news broke on O’Quinn, the Knicks’ big man was only scheduled to make $4,256,250 next season, nearly $3MM less than what Dedmon will make.

As noted by Bobby Marks of ESPN, O’Quinn’s decision to decline his option likely won’t have any impact on the Knicks’ 2018/19 cap situation unless Enes Kanter also decides to decline his $18.62MM option, as the Knicks would likely only have the ability to operate under the cap if Kanter becomes a free agent.

Photo courtesy of USA Today Sports Images.

Hawks’ Dewayne Dedmon Exercises Player Option

June 20th, 2018 at 7:52pm CST by clarkcrum

Hawks center Dewayne Dedmon has opted into his contract for the 2018/19 season, reports Shams Charania of Yahoo Sports. Dedmon will earn a salary of $7,200,000 next year after exercising his player option.

Dedmon, 28, enjoyed a career-best season in Atlanta during the 2017/18 campaign, averaging a career-high in points (10.0), rebounds (7.9), and assists (1.5) per game. Dedmon was even able to increase his range to the three-point line, shooting a relatively respectable 35.5% from deep on 141 attempts after only attempting one three-pointer in his entire career before this season.

Despite those improved numbers, it remained unlikely that Dedmon would have commanded a higher annual salary than the $7.2MM he will earn next season.

Meanwhile, the Hawks have openly discussed their plans to build for the future, so Dedmon’s expiring contract could potentially become a trade asset sometime in the not-so-distant future. However, given Dedmon’s production, he’s probably an unlikely candidate to be waived.

Photo courtesy of USA Today Sports Images.

Marreese Speights Close To Signing With Chinese Team

June 18th, 2018 at 5:10pm CST by Dana Gauruder

Veteran big man Marreese Speights is close to an agreement with China’s Guangzhou Long Lions, international reporter David Pick tweets.

This would be an interesting move for Speights, who is once again entering unrestricted NBA free agency next month. It suggests the offer must be substantial, since he could still fit the bill for an NBA team seeking a stretch four and veteran leadership.

Speights has bounced around the league in recent seasons and played on a veteran’s minimum contract — approximately $2.12MM — with the Magic last season. The cap hit on the contract was $1.47MM and the league paid the difference.

Speights, whose career began in 2008/09 with the Sixers, is best known for playing with the Warriors for three seasons. He won a ring in 2015.

He appeared in all 82 regular-season games with the Clippers in 2016/17, then moved on to the Magic last season. He saw action in 52 games, including three starts, and averaged 7.7 PPG and 2.6 RPG in 13.0 MPG.

The 6’10” Speights shot an above-average 36.9% from long range while taking a career-high 4.5 attempts per game.

Spurs’ Rudy Gay To Decline Player Option

June 18th, 2018 at 12:33pm CST by Luke Adams

Spurs forward Rudy Gay will turn down his 2018/19 player option, electing to become a free agent on July 1, reports ESPN’s Chris Haynes. The option would have paid Gay a salary of $8,826,300 for next season.

Gay, whose 2016/17 campaign ended early due to an Achilles injury, made a speedy recovery and was ready to go for the Spurs in the fall after signing a two-year, $17.2MM deal with the club. However, he was nagged by Achilles and heel problems during the winter, limiting him to 57 regular season games — he never seemed fully like his old self.

“A lot of times, I will-powered through games, will-powered through practices,” Gay told Jeff McDonald of The San Antonio Express-News in April. “I didn’t feel like there was anything worse I can go through (than the Achilles tendon injury).”

In that conversation with McDonald earlier in the spring, the veteran reportedly sounded “genuinely torn” over whether or not to pick up his option, but it makes some sense that he’d seek a new deal on the open market. While Gay missed time with health problems and averaged a career-low 21.6 minutes per contest, his per-minute numbers were solid, as he posted 11.5 PPG and 5.1 RPG with a .471/.314/.772 shooting line for the season.

Additionally, Gay may not want to lock himself into another season with the Spurs as long as the team’s roster remains in flux. In addition to Kawhi Leonard‘s reported desire to leave San Antonio, Danny Green and Joffrey Lauvergne also have player-option decisions to make, Tony Parker and Kyle Anderson will be free agents, and Manu Ginobili is believed to be considering retirement.

Still, Gay is no lock to get a raise on his $8.8MM+ player-option salary. The mid-level exception for 2018/19 figures to be worth a little less than that, so in order to top that salary, Gay would probably have to either negotiate a new deal with San Antonio or find a team with cap room willing to make him a sizable offer.

If Gay ultimately settles for a lesser salary for next season, it would be the second consecutive summer that he has taken a pay cut. In 2017, he declined his $14MM+ option with the Kings before signing that new deal with the Spurs that paid him approximately $8.4MM in 2017/18.

Photo courtesy of USA Today Sports Images.

Jamal Crawford Opts Out Of Wolves Contract

June 18th, 2018 at 11:32am CST by Luke Adams

JUNE 18: Crawford has declined his 2018/19 option, league sources tell Shams Charania of Yahoo Sports (Twitter link).

MAY 2: Veteran shooting guard Jamal Crawford will turn down a player option that would have paid him $4,544,400 for the 2018/19 season, reports Chris Haynes of ESPN.com. Crawford, who signed with the Timberwolves last summer, will hit the free agent market rather than opting into the second year of his contract with the club.

Crawford, 38, joined the Wolves after being traded from the Clippers to the Hawks and then reaching a buyout agreement with Atlanta. In his first – and potentially only – season in Minnesota, the 18-year vet averaged 10.3 PPG and 2.3 APG with a shooting line of .415/.331/.903.

Haynes’ report doesn’t give any hints about what Crawford’s next move will be, but it’s safe to say he’ll be looking for a role on a contending team. Declining his player option doesn’t necessarily mean that Crawford won’t return to the Timberwolves, since the two sides could, in theory, work out a new deal. In fact, Haynes says in a follow-up tweet that Jimmy Butler has told management he’d like to have Crawford back next season.

Still, Minnesota already has more than $110MM in guaranteed salary on its books for 2018/19, and wants to add wings who can shoot threes and defend multiple positions. While Crawford fits that bill to some extent, the Wolves will likely be seeking more traditional three-and-D players, so it’s not clear whether he’ll be part of their plans.

Several veterans have already exercised – or will exercise – their player options for 2018/19, since there’s a belief that league-wide spending in free agency will be down this summer. However, Crawford’s option salary of $4.5MM+ was fairly modest, and he has already earned over $100MM in his NBA career, as our Austin Kent noted on Tuesday. As such, turning down that option isn’t a major gamble. Even if he gives up a couple million dollars and settles for a minimum-salary deal this offseason, Crawford would likely be willing to trade that money for a legit shot at a title.

Photo courtesy of USA Today Sports Images.

Nuggets’ Darrell Arthur Exercises Player Option

June 15th, 2018 at 10:56am CST by Luke Adams

Nuggets power forward Darrell Arthur has opted into his contract for the 2018/19 season, reports Shams Charania of Yahoo Sports (via Twitter). Arthur will earn a salary of $7,464,912 next year after exercising his player option.

Arthur, 30, enjoyed perhaps the best year of his career in 2015/16, his first season in Denver, when he averaged 7.5 PPG and 4.2 RPG with a .452/.385/.755 shooting line in a rotation role for the team. However, he has seen his playing time cut back significantly over the last two years.

In 2017/18, Arthur appeared in just 19 games for Denver, averaging 2.8 PPG and 0.8 RPG in 7.4 minutes per contest. With Paul Millsap, Trey Lyles, Kenneth Faried, Juan Hernangomez, and Wilson Chandler all seeing time at the four while Nikola Jokic and Mason Plumlee handled the five, there simply wasn’t a role for Arthur.

Since Arthur was unlikely to command more than the minimum salary on the open market, his decision to pick up his player option comes as no surprise. It doesn’t assure of him spending the 2018/19 season in Denver though.

With the Nuggets potentially looking to lock up Jokic and Will Barton to lucrative new deals this summer, the team will probably need to cut costs elsewhere, making Arthur a candidate to be traded or released. The Nuggets could reduce Arthur’s 2018/19 cap charge by nearly $5MM by waiving and stretching him. The club is also said to be exploring trades involving Faried.

Arthur’s player-option decision continues an offseason trend that reflects the lack of league-wide cap room available this summer. After only eight total veterans picked up their player options in 2016 and 2017, Arthur becomes the 10th veteran to do so in 2018, and he won’t be the last. The full list of player option decisions can be found right here.

Photo courtesy of USA Today Sports Images.

Rex Kalamian To Join Clippers’ Coaching Staff

June 14th, 2018 at 10:07am CST by Arthur Hill

The coaching shakeup in Toronto continues as assistant Rex Kalamian has agreed to take a job with the Clippers, tweets ESPN’s Adrian Wojnarowski. Kalamian will join Doc Rivers‘ staff after spending three years working under former head coach Dwane Casey with the Raptors.

Kalamian started his NBA career as a scout with the Clippers in 1992 and was promoted to assistant coach three years later. He also spent time with the Sixers, Nuggets, Timberwolves, Kings and Thunder before coming to Toronto in 2015.

Kalamian reportedly interviewed for the Raptors’ head coaching job when Casey was fired last month, but wasn’t among the finalists for the position. The Clippers had an opening after assistant Pat Sullivan left to join David Fizdale’s staff with the Knicks.

Sixers Exercise T.J. McConnell’s Team Option

June 13th, 2018 at 9:36am CST by Luke Adams

JUNE 13: The Sixers have officially exercised McConnell’s team option, the club announced today in a press release. The announcement also confirmed that Richaun Holmes‘ option has been picked up, as we relayed earlier today.

MAY 11: The Sixers intend to pick up their 2018/19 team option on T.J. McConnell, team president of basketball operations Bryan Colangelo told reporters today (Twitter link via Derek Bodner of The Athletic). That option is worth $1,600,520.

McConnell, 26, is coming off a third straight year as a rotation player for the Sixers. In 76 regular season games this season, he averaged 6.3 PPG, 4.0 APG, and 3.0 RPG with a shooting line of .499/.435/.795.

With Ben Simmons and Markelle Fultz seemingly ready to handle point guard duties coming into the season, McConnell’s role was expected to be reduced. However, health problems limited Fultz to just 14 regular season games, opening the door for the veteran to be Simmons’ primary backup at the point. McConnell was particularly effective in the postseason, making 25 of 36 shots (.694 FG%) in 10 games against the Heat and Celtics.

While McConnell’s $1.6MM option is obviously a steal for the 76ers, there was a chance the club would decide to turn it down. Like Nikola Jokic in Denver, McConnell would have been a restricted free agent this summer if his option had been declined, but will now be on track for unrestricted free agency in 2019.

Unlike Jokic, McConnell isn’t a franchise-type player, so Philadelphia will opt for the bargain price in 2018/19 and then take its chances with the point guard in unrestricted free agency in 2019, rather than ensuring they can keep him long-term by giving him a raise this offseason.

As ESPN’s Bobby Marks notes (via Twitter), McConnell’s salary for 2018/19 remains non-guaranteed even after his option is exercised. However, that shouldn’t matter much, since Philadelphia won’t waive him.

Photo courtesy of USA Today Sports Images.

Sixers Exercise Team Option On Richaun Holmes

June 13th, 2018 at 8:38am CST by Luke Adams

The Sixers have picked up their 2018/19 team option on big man Richaun Holmes, reports Michael Scotto of The Athletic (Twitter link). The option will pay Holmes a salary of $1,600,520 next season.

The move comes as no surprise for a couple reasons. For one, Holmes’ play has certainly justified a minimum-salary investment. In a part-time role in Philadelphia’s frontcourt, Holmes averaged 6.5 PPG, 4.4 RPG, and 1.3 APG in 48 games (15.5 MPG) last season, and he was even more productive the year before, with 9.8 PPG and 5.5 RPG in 57 contests (20.9 MPG).

Additionally, exercising Holmes’ option for next season reportedly won’t actually lock in his $1.6MM salary. According to contract information from Basketball Insiders, Holmes’ salary remains non-guaranteed until January 10, even with his option picked up. T.J. McConnell‘s team option is said to have the same structure.

While exercising Holmes’ option may not provide any guarantees for the coming season, I’d be very surprised if he’s cut before his January guarantee date. Assuming he plays out the full 2018/19 season on his current deal, the 24-year-old will be an unrestricted free agent next summer.