Transactions Rumors | Hoops Rumors

Nets Waive Maxwell Lewis

June 27th, 2025 at 2:37pm CST by Luke Adams

The Nets announced on Friday that they have requested waivers on forward Maxwell Lewis, as Ian Begley of SNY.tv relays (via Twitter).

The 40th pick in the 2023 draft out of Pepperdine, Lewis spent his rookie season with the Lakers and then opened the ’24/25 campaign in Los Angeles before being sent to Brooklyn in December as part of the D’Angelo Russell/Dorian Finney-Smith trade.

Lewis was limited to 21 appearances for Brooklyn after fracturing his tibia in his first game as a Net. He averaged 5.3 points and 2.5 rebounds in 14.2 minutes per game, with a .422/.380/.700 shooting line.

Lewis’ contract called for a $2,221,677 salary for 2025/26, but only $100K of that amount was guaranteed. Brooklyn had to waive him before Sunday in order to avoid locking in the full guarantee.

Unless Lewis is claimed on waivers this weekend, the Nets will carry that $100K on their cap for the 2025/26 season, which will cut into their projected room by a very small amount when the new league year begins.

Wizards To Sign Keshon Gilbert To Exhibit 10 Contract

June 27th, 2025 at 1:39pm CST by Arthur Hill

Iowa State point guard Keshon Gilbert will sign an Exhibit 10 contract with the Wizards, according to Sean Cunningham of KCRA in Sacramento (Twitter link).

Gilbert, 21, transferred in 2023 after playing his first two collegiate seasons at UNLV. He was a second team All-Big 12 selection in 2024 and a third-team choice this year, averaging 13.4 points, 3.5 rebounds and 4.1 assists in 29 games as a senior.

Gilbert suffered a late-season groin injury that forced him to miss the Cyclones’ final seven games and the NCAA Tournament. He recovered in time to participate in May’s G League Elite Camp and the rest of the pre-draft process.

He was ranked 84th by Sam Vecenie of The Athletic on his list of this year’s top 100 draft prospects.

Gilbert is the second undrafted player to agree to terms with Washington since the draft ended, joining St. John’s guard Kadary Richmond.

With an Exhibit 10 deal, Gilbert can earn a bonus worth up to $85K if he’s waived before the season starts and spends at least 60 days with the Wizards’ G League affiliate, the Capital City Go-Go. Exhibit 10 contracts can also be converted into two-way deals.

Cavaliers, Norchad Omier Agree To Exhibit 10 Deal

June 27th, 2025 at 1:14pm CST by Arthur Hill

Baylor forward Norchad Omier has agreed to an Exhibit 10 contract with the Cavaliers, sources tell Sean Cunningham of KCRA in Sacramento (Twitter link).

Omier, 23, played for the Bears this season after spending two years at Miami (Florida) and two at Arkansas State. He averaged 15.7 points and 10.8 rebounds in 35 games and was a first-team All-Big 12 selection, as well as a member of the conference’s All-Newcomer Team.

Omier collected various honors during his five years of college basketball, including being named Sun Belt Player of the Year and Defensive Player of the Year in 2022. He was the first native of Nicaragua to earn a Division I basketball scholarship when he signed with Arkansas State in 2020. He’s also a member of the Nicaraguan national team.

The Exhibit 10 language means Omier could earn a bonus worth up to $85K if he’s waived before the season starts and spends at least 60 days with the Cleveland Charge, the Cavaliers’ G League affiliate. Exhibit 10s can also be converted into two-way deals if Omier makes a strong impression in training camp.

Knicks To Sign Dink Pate

June 27th, 2025 at 12:53pm CST by Arthur Hill

G League guard Dink Pate has reached an agreement with the Knicks, sources tell Jonathan Givony of ESPN (Twitter link). No details are provided, but it appears likely to be an Exhibit 10 deal.

Pate, 19, played this season with the Mexico City Capitanes, averaging 10.1 points, 5.1 rebounds and 2.1 assists in 34 games. He was selected to participate in this year’s Next Up event at All-Star Weekend.

Pate was the fourth-best player remaining among undrafted free agents, according to ESPN’s big board. He was listed as the 71st-best draft prospect by Sam Vecenie of The Athletic.

A five-star player coming out of high school, Pate opted to sign a two-year deal with G League Ignite rather than play college basketball. When the Ignite shut down after last season, he tried to enter to the 2024 NBA draft but was denied a waiver due to his age.

Pate will join the Knicks next month for the Las Vegas Summer League, according to Ian Begley of SNY.tv (Twitter link).

Sixers’ Andre Drummond Opting In For 2025/26

June 27th, 2025 at 12:22pm CST by Luke Adams

Sixers center Andre Drummond has decided to pick up his $5MM player option for the 2025/26 season, reports Michael Scotto of HoopsHype (Twitter link). The move locks in Drummond’s salary for next season and lines up him to return to the unrestricted free agent market in the summer of 2026.

Drummond initially signed a two-year, $10MM contract with Philadelphia last offseason. The Sixers made him a priority in free agency after coming to terms with Paul George on a maximum-salary contract because they wanted to make sure they had a reliable veteran backup for Joel Embiid.

As it turned out, Embiid played just 19 games in 2024/25 due to a knee issue, but Drummond battled health problems of his own, with a nagging toe injury limiting him to 40 appearances, including 23 starts. He averaged 7.3 points, 7.8 rebounds, and 1.0 steal in 18.8 minutes per game.

While Drummond, one of the NBA’s all-time best rebounders, continues to grab boards at an elite level, the Sixers struggled during mightily during his minutes this past season, posting a net rating of -15.5 when he was on the court. Of course, Philadelphia had a poor season all around in ’24/25, but the team had a more respectable -4.3 net rating when Drummond didn’t play.

Drummond is one of three Sixers veterans holding player options for next season. The team is still waiting on decisions from Kelly Oubre ($8.4MM) and Eric Gordon ($3.5MM).

Philadelphia now has five players on guaranteed salaries for 2025/26. Those five players – Embiid, George, Tyrese Maxey, Jared McCain, and Drummond – will earn a combined $154MM, which is right around where the salary cap is projected to come in.

Nuggets To Sign Curtis Jones

June 27th, 2025 at 11:04am CST by Arthur Hill

Iowa State guard Curtis Jones will sign with the Nuggets, a source tells Jonathan Givony of ESPN (Twitter link). It’s likely to be an Exhibit 10 contract, but Givony doesn’t specify the terms.

Jones, 23, spent two years with the Cyclones after playing his first two seasons at Buffalo. He was a first-team All-Big 12 selection this year and won the conference’s Sixth Man Award. Jones averaged 17.4 points, 4.2 rebounds and 2.3 assists in 34 games as a senior. He’s an effective three-point shooter, connecting at 37.4% this season, and has shown he can provide instant offense off the bench.

Jones conducted more than a dozen interviews and workouts during the pre-draft process, according to Eugene Rapay of The Des Moines Register. He also participated in the G League Elite Camp in May.

Jones was ranked as the No. 90 prospect in the draft by Sam Vecenie of The Athletic and was listed as the 19th-best remaining player on ESPN’s big board.

Jones joins Missouri guard Tamar Bates, who agreed to a two-way contract with Denver shortly after the draft’s second round ended Thursday night. The Nuggets didn’t have any picks in either round this year.

Wizards, Kadary Richmond Agree To Deal

June 27th, 2025 at 10:57am CST by Luke Adams

After going undrafted this week, St. John’s guard Kadary Richmond has agreed to sign with the Wizards, agent Daniel Hazan tells NBA insider Chris Haynes (Twitter link).

Richmond spent a year at Syracuse and three seasons with Seton Hall before joining St. John’s ahead of the 2024/25 campaign. As a “super senior,” he filled up the box score by averaging 12.4 points, 6.4 rebounds, 5.3 assists, and 2.0 steals in 32.3 minutes per game across 36 outings (35 starts).

Richmond was named to the All-Big East second team in 2025 after making the first team with Seton Hall in 2024. He was the No. 86 prospect on ESPN’s big board prior to the draft and ranked 29th among the players who went undrafted.

The exact details of Richmond’s contract are unclear. Typically, when the agent for an undrafted rookie doesn’t specify the terms, it’s an Exhibit 10 agreement, which is essentially a non-guaranteed training camp contract. But St. John’s head coach Rick Pitino sent out a tweet today congratulating Richmond and his Red Storm teammate RJ Luis Jr. for their “two-way” deals.

The Wizards won’t be able to officially sign Richmond until after the new league year begins in July, so we should get clarity on his contract details at that point, if not earlier.

Rockets Sign Cameron Matthews

June 27th, 2025 at 10:08am CST by Rory Maher

JULY 13: Houston officially announced its signing of Matthews in a press release.

JUNE 27: Former Mississippi State forward Cameron Matthews is signing with the Rockets, according to Michael Scotto of HoopsHype (Twitter link), who says the defensive standout will be given a chance to compete for a two-way contract in training camp after he went undrafted last night. That reporting implies Matthews has agreed to an Exhibit 10 deal.

Matthews spent all five of his college seasons with the Bulldogs, averaging 7.1 points, 6.7 rebounds, 3.6 assists and 2.4 steals in 29.4 minutes per game across 34 appearances in 2024/25. While he isn’t a great scorer or shooter (.533/.200/.556 career splits), he does contribute in multiple areas and earned All-Defensive honors in the SEC each of the past two seasons.

The 23-year-old was not ranked on ESPN’s big board, but he came in at No. 83 on Sam Vecenie of The Athletic‘s top-100 guide.

The Exhibit 10 language in Matthews’ contract means that he could earn a bonus worth up to $85K if he’s waived before the season starts and spends at least 60 days with the Rio Grande Valley Vipers, Houston’s NBA G League affiliate. As Scotto noted, Exhibit 10s can also be converted into two-way deals.

Thunder To Sign Payton Sandfort To Exhibit 10 Deal

June 27th, 2025 at 10:01am CST by Luke Adams

JULY 1: Sandfort is signing an Exhibit 10 contract, Justin Martinez of The Oklahoman confirms (via Twitter).

JUNE 27: The defending champion Thunder have agreed to a deal with former Iowa standout Payton Sandfort, reports Jonathan Givony of ESPN (Twitter link).

While Givony doesn’t specify the terms of the agreement, it will likely be a non-guaranteed Exhibit 10 contract. An Exhibit 10 deal would put Sandfort on track to either become an affiliate player for the Oklahoma City Blue, the Thunder’s G League team, or to be converted to a two-way deal before the regular season.

Sandfort, a 6’7″ wing who spent his entire four-year college career with the Hawkeyes, gradually emerged as a featured player for the team, becoming a full-time starter as a junior after being named the Big Ten’s Sixth Man of the Year as a sophomore.

In his senior year in 2024/25, Sandfort started all 33 games he played, averaging 16.7 points, 6.0 rebounds, and 2.9 assists in 31.9 minutes per contest, with a .407/.340/.891 shooting line. That three-point percentage was his worst single-season mark — he was at 36.5% in his first three college seasons.

Sandfort is the first undrafted free agent deal reported for the Thunder, who selected Thomas Sorber in the first round of the 2025 draft and Brooks Barnhizer in the second.

Tyson Degenhart Joins Raptors On Exhibit 10 Deal

June 27th, 2025 at 9:54am CST by Rory Maher

SEPTEMBER 22: Blake Murphy of Sportsnet.ca (via Twitter) reports that Degenhart’s deal is now official.

JUNE 27: A pair of undrafted free agents are signing non-guaranteed Exhibit 10 contracts with the Raptors for training camp in the fall.

According to Tony Jones of The Athletic (Twitter link), Alabama big man Clifford Omoruyi will be joining Toronto. Adam Zagoria of Zagsblog.com confirms (via Twitter) that Omoruyi is signing an Exhibit 10 deal.

Former Boise State forward Tyson Degenhart tells B.J. Rains of Bronco Nation News that he has agreed to an Exhibit 10 contract with the Raptors as well (Twitter link).

A Nigerian center, Omoruyi spent his first four college seasons at Rutgers, earning Big Ten All-Defensive honors in back-to-back years (2023 and 2024) prior to transferring to Alabama. As fifth-year senior in 2024/25, he averaged 7.9 points, 6.5 rebounds and 1.1 blocks in 19.2 minutes per game across 37 appearances for the Crimson Tide.

Omoruyi was No. 66 on ESPN’s big board entering the draft, but was not ranked on Sam Vecenie of The Athletic‘s top-100 guide.

As for Degenhart, he spent four years with the Broncos, averaging 18.3 PPG and 6.1 RPG on .526/.349/.797 shooting in 37 games last season as a senior (33.6 MPG). He was unranked by both ESPN and The Athletic.

Exhibit 10 deals enable players to receive a bonus worth up to $85K if they’re waived before the season begins and spend at least 60 days with their team’s G League affiliate (Raptors 905). E10s can also be converted into two-way contracts.