Sixers Waive Chasson Randle
The Sixers have waived guard Chasson Randle to open a roster spot to complete today’s trade with the Mavericks, tweets Jake Fischer of Sports Illustrated.
Randle, who appeared in eight games for Philadelphia, signed a three-year contract January 30th. Only his $233,373 salary for this season was guaranteed. Randle would have received $1,312,611 for 2017/18 and $1,544,951 for 2018/19 if he had remained with the team.
The Sixers sent Nerlens Noel to Dallas in exchange for Andrew Bogut, Justin Anderson and a first-round pick. Because Philadelphia already had 15 players on its roster, someone had to go before the trade could be finalized.
Bogut is expected to agree to a buyout, so Randle could return to fill that roster spot if he clears waivers. Randle saw just an average of 9.3 minutes per night in his eight games, but scored 5.3 points per contest and shot 40% from 3-point range.
Thunder Acquire Doug McDermott, Taj Gibson
6:44pm: The deal is official, according to press releases issued by both teams.
1:44 PM: The two teams are nearing a deal that will send Payne to Chicago and both McDermott and Gibson to OKC, according to Shams Charania of The Vertical (Twitter link). The Bulls will receive Anthony Morrow and Lauvergne in addition to Payne, while the Thunder will receive a 2018 second-round pick. Roberson is not involved in the deal.
1:28 PM: The Thunder and Bulls continue to have trade discussions regarding Doug McDermott and Taj Gibson, Marc Stein of ESPN.com relays (Twitter links). Frank Isola of the New York Daily News (Twitter links) hears that the two teams are closing in on a deal that will send McDermott to OKC in exchange for Andre Roberson and Cameron Payne.
Oklahoma City has been trying to figure out what a new deal for Roberson would look like in the offseason, Adrian Wojnarowski of The Vertical reports (Twitter link). Roberson will be a restricted free agent at the end of the season and a trade could signal that OKC feels the price tag will be too high. A Roberson trade is not imminent, as Vincent Goodwill of Comcast Sportsnet (Twitter link) hears that the deal could simply be Payne for McDermott.
The Thunder are exploring a trade that would bring both McDermott and Gibson to the team, according to Stein. Earlier today, we learned that the Bulls have been seeking a first-round pick in exchange for Gibson for quite some time. Oklahoma City has already shipped out a pair of future first-round picks in previous deals, so the first selection the franchise can trade is its 2022 pick. If OKC is to acquire both players, Stein (Twitter link) hears that it would take Payne, Joffrey Lauvergne, and draft compensation for the Bulls to oblige.
Gibson will be an unrestricted free agent after the season. The Bulls lost Pau Gasol to free agency last season and the experience has “motivated” to get something for Gibson rather than going through the same scenario once again this summer, K.C. Johnson of the Chicago Tribune notes on Twitter.
Rockets Trade Tyler Ennis To Lakers
6:40pm: The Lakers also received the draft rights to Brad Newley in the deal, tweets Mark Medina of The Los Angeles Daily News. Drafted in 2007, the 32-year-old swingman plays for AEK Athens in Greece.
6:28pm: The deal is official, the Lakers announced (Twitter link). Meanwhile, the Rockets have waived Huertas.
1:58pm: The Rockets have agreed to a deal that will send Tyler Ennis to the Lakers, according to Adrian Wojnarowski of The Vertical (via Twitter). Wojnarowski reports that Houston will receive Marcelo Huertas from Los Angeles, but that the Rockets will waive Huertas after acquiring him.
Ennis is eligible for unrestricted free agency this summer, while Huertas had a non-guaranteed salary for 2017/18, so both players were essentially on expiring contracts. The Rockets were likely planning on waiving Ennis after the deadline, so by acquiring and waiving Huertas instead, they’ll create a tiny bit of extra cap room as they peruse the buyout market. Ennis is earning approximately $233K more than Huertas this season.
From the Lakers’ perspective, Huertas had seen his playing time reduced significantly this season, having averaged 10.3 MPG in just 23 contests. He apparently wasn’t part of the team’s long-term plans, so L.A. decided to take a flier on Ennis, who could be re-signed at a modest price in the offseason if the team likes what it sees down the stretch.
Nets Acquire K.J. McDaniels
6:33pm: The Rockets will receive cash considerations, not a draft pick, from the Nets in exchange for McDaniels, tweets Michael Scotto of Basketball Insiders. The deal is now official.
3:57pm: The Nets will send a future draft choice – presumably a protected second-round pick – to the Rockets as part of the deal, according to a report from The Associated Press.
1:32pm: The Rockets have traded K.J. McDaniels to the Nets, according to Adrian Wojnarowski of The Vertical (Twitter links). The deal will save the Rockets roughly $3.3MM, which the team plans on using once the buyout market establishes itself.
Teams cannot take on a player/draft picks from another team without receiving some sort of compensation in return, per NBA rules. It’s likely that Houston will receive either a heavily protected second-round pick or the rights to a player currently playing abroad in the trade.
Brooklyn was about $13.5 under the salary cap after the Andrew Nicholson trade and it had an open roster spot after waiving Marcus Thornton on Wednesday. With McDaniels aboard, the Nets have 15 players under contract, as the team’s depth chart at Roster Resource indicates.
McDaniels shined during his rookie season with the Sixers, but he hasn’t gotten consistent playing time since Philly traded him to Houston at the 2015 trade deadline. The Clemson University product saw 1352 minutes of action during his first half season in the league with the Sixers, but he only received a total of 447 minutes in the two years since.
Suns Acquire Mike Scott
6:00pm: Phoenix received Scott, the draft rights to Cenk Akyol and cash considerations in exchange for a protected second-round pick, tweets Chris Vivlamore of The Atlanta Journal Constitution.
2:01pm: The Hawks will send Mike Scott to the Suns in exchange for cash compensation, according to Adrian Wojnarowski of The Vertical (Twitter link). Although an initial report suggested that the Hawks would also receive a heavily-protected second-round draft pick, Chris Vivlamore of The Atlanta Journal Constitution reports (via Twitter) that no pick is involved — just cash.
Phoenix has 15 players under contract, as the team’s depth chart at Roster Resource indicates, so an additional roster move will be needed. Phoenix entered the day with roughly $13.2MM in available salary cap space, though that was before the P.J. Tucker deal as well as this trade.
Scott spent his entire career in Atlanta after the team selected him with the No. 43 overall pick in the 2012 draft. The 28-year-old power forward has seen his role on the Hawks fluctuate this season. He’s seen action in just 18 contests where he’s averaged 2.5 points per game.
Raptors Acquire P.J. Tucker
5:42pm: The deal is official, according to a release from the Raptors (Twitter link).
2:21pm: The two picks heading to the Suns in the deal are the Raptors’ unprotected second-rounders in 2017 and 2018, tweets Gambadoro.
2:04pm: The Suns will trade P.J. Tucker to the Raptors, Adrian Wojnarowski of The Vertical reports. In return, Toronto will send Jared Sullinger and two future second-round draft picks to Phoenix (Twitter links).
Earlier today, John Gambadoro of Arizona Sports 98.7 reported Tucker’s asking price to be a first-round draft pick, which several teams balked at. Tucker fills an obvious defensive need for Toronto. According to Gambadoro, the team views him as an option to guard LeBron James in the postseason (Twitter link).
Phoenix’s return appears to fall short of their first-round pick expectations. Sullinger has struggled in 2016/17, making slow progress from a fractured right foot. The former Buckeye is signed through the season on a $5,628,000 deal, having received most of his playing time in the D-League. He looks like a buyout candidate.
As Bobby Marks of The Vertical notes, Tucker’s bird rights were a crucial element of this trade (Twitter link). Tucker, who is on the last season of a three-year, $16.5MM contract, presumably stands a chance of re-signing with Toronto following the season.
Pelicans Sign Hollis Thompson To 10-Day Deal
FEBRUARY 23rd, 5:16pm: The signing is official, according to a press release from the team.
FEBRUARY 22nd, 6:31pm: The Pelicans will sign Hollis Thompson to a 10-day contract, according to Marc Stein of ESPN.com (Twitter link). New Orleans had an open roster spot after the DeMarcus Cousins trade, as the team’s depth chart at Roster Resource indicates.
The team auditioned several players earlier in the week. Mario Chalmers, Quinn Cook and Reggie Williams were among the players trying out for a 10-day deal.
Thompson has been playing for the Spurs’ D-League affiliate. He played for the Sixers earlier this season but was cut before his contract became fully guaranteed.
Pelicans Waive Terrence Jones
4:57pm: The Pelicans have officially waived Jones, the team announced today (via Twitter). The big man will be an interesting player to watch on waivers — since he signed a one-year, minimum salary contract last summer, any team could claim him using the minimum salary exception, so it’s possible he won’t reach the open market.
2:21pm: The Pelicans are expected to waive Terrence Jones, Justin Verrier of ESPN reports. New Orleans had previously shopped Jones on the trade market, but- seemingly unable to find a trade partner- will waive the 25-year-old so he can pursue an opportunity elsewhere (Twitter links)
Jones is sure to generate interest on the buyout market. New Orleans received excellent value from Jones, who signed a one-year, $1.05MM contract over the offseason. The former Kentucky Wildcat averaged 11.5 points over 51 games, shooting 47.2% from the field.
The Pelicans now have a vacant roster spot, which they may use on a guard. Earlier today, Marc Stein of ESPN relayed the team’s intent on auditioning Jarrett Jack (Twitter link). Additionally, the Pelicans recently staged work-out sessions for Wayne Selden, Mario Chalmers, Hollis Thompson, Quinn Cook, and Reggie Williams.
Deron Williams Waived, May Sign With Cavaliers
The Mavericks have waived point guard Deron Williams, according to a press release from the team. Dallas began working on a buyout earlier today after it was unable to complete a deal involving Williams before the deadline.
Williams is hoping to join the Cavaliers, who have been in the market for a veteran backup to Kyrie Irving, tweets Jon Krawczynski of The Associated Press. Cleveland has an open roster spot, so another move would not be necessary to sign Williams. He would have to clear waivers before than can happen, but he is expected to do so (Twitter link).
Several teams that also have interest in Williams tell ESPN.com’s Marc Stein that they believe he has already decided to go to Cleveland (Twitter link).
The Cavaliers have expressed interest in adding Williams, according to Brian Windhorst of ESPN.com (Twitter link). Cleveland has a shot to acquire both Williams and center Andrew Bogut, who is reportedly negotiating a buyout with the Sixers, tweets Chris Haynes of ESPN.com. He adds that Jordan McRae would be released if that happens.
Williams, 32, played 40 games for the Mavericks this season, averaging 13.1 points and 6.9 assists. He has been with Dallas since signing in July of 2015 after agreeing to a buyout with the Nets.
Photo courtesy of USA Today Sports Images.
Nuggets Acquire Roy Hibbert From Bucks
4:09pm: The Nuggets have officially acquired Hibbert in exchange for a protected 2019 second-round pick, the team announced in a press release.
1:49pm: The Nuggets will acquire Roy Hibbert from the Bucks, Adrian Wojnarowski of The Vertical reports (Twitter link). Denver will be sending a heavily protected second round pick to Milwaukee in exchange for Hibbert, Brian Windhorst of ESPN adds (Twitter link). According to Charles Gardner of The Milwaukee Journal Sentinel (Twitter link), it’s a 2019 second-rounder.
The Nuggets have the cap space to accommodate Hibbert. Denver entered the day $7,147,064 below the salary floor, and Hibbert’s one-year, $5MM contract will help them reach that mark. Hibbert was acquired by Milwaukee on February 2, but never appeared in a game for the Bucks.
Denver was close to acquiring Festus Ezeli of the Trail Blazers, Chris Haynes of ESPN reports, but the team opted to trade for a healthy big man instead. (Twitter link).