Transactions Rumors | Hoops Rumors

Blazers Re-Sign Allen Crabbe

July 13th, 2016 at 10:00pm CST by Will Joseph

JULY 13, 10:00pm: The signing is official, the Blazers announced. “Allen is an important part of the core of this team and a building block for its future growth,” said GM Neil Olshey.

JULY 10, 4:13pm: The Blazers have matched Allen Crabbe‘s four-year, $75MM offer sheet with the Nets, according to Adrian Wojnarowski of The Vertical (on Twitter). Crabbe had signed the offer sheet on July 7th, and this was the final day the Blazers were able to match the deal.

Portland’s decision does not bold well for the Nets, who may also see their offer for Tyler Johnson matched by the Heat That would leave Brooklyn with plenty of salary room, but not many intriguing options. The Blazers, meanwhile, have made it clear that they are all-in for this season, as Wojnarowski tweets. Portland has added Evan Turner and Festus Ezeli while returning Meyers Leonard.

In Crabbe, the Blazers now return one of the team’s best shooters and defenders. The third-year shooting guard had a breakthrough season this year as a Trail Blazers reserve. He appeared in 81 games and averaged 10.3 points and 2.7 rebounds per night while shooting 39% from beyond the arc.

Magic To Waive Devyn Marble

July 13th, 2016 at 6:22pm CST by Eddie Scarito

The Magic plan to waive Devyn Marble prior to his 2016/17 salary becoming fully guaranteed, Josh Robbins of The Orlando Sentinel reports. Orlando has until Friday to part ways with the swingman, or else the team will be on the hook for the $980,431 he is due for next season.

Orlando currently has 13 players under contract, including Marble, two under the regular season maximum and seven beneath the preseason limit. The team could still re-sign Marble at a later date, if it desired, provided he clears waivers.

Marble appeared in 28 games for the Magic this past season and averaged 2.1 points, 1.4 rebounds and 0.4 assists in 8.9 minutes per outing. His shooting line was .296/.250/.417.

Grizzlies Sign James Ennis To Two-Year Deal

July 13th, 2016 at 4:58pm CST by Luke Adams

JULY 13TH, 4:58pm: The signing is official, the team announced via press release.

JULY 3RD, 1:10am: The Grizzlies have reached an agreement with free agent small forward James Ennis on a two-year, $6MM contract, reports Shams Charania of The Vertical (via Twitter). It’ll be a fully guaranteed deal, according to Charania.

Ennis, who turned 26 on Friday, was eligible for restricted free agency this summer, but the Pelicans opted not to issue him a qualifying offer, despite his strong finish to the season. In nine games for New Orleans down the stretch, Ennis averaged 15.9 PPG, with an impressive .500/.480/.792 shooting line. He put up 29 and 28 points in his final two games of the year.

A second-round pick in 2013, Ennis made his NBA debut in 2014, and was a part-time player for the Heat in that 2014/15 season. His production in Miami, and in a 10-game stint in Memphis last season, was far more modest than those numbers he put up for the Pelicans.

The Pelicans, Mavericks, Clippers, Warriors, and Hawks were reportedly among the other teams to inquire on Ennis this week. But he’ll join the Grizzlies, who have already committed more than $250MM to Mike Conley and Chandler Parsons in free agency, as our tracker shows.

Heat Sign Stefan Jankovic

July 13th, 2016 at 4:17pm CST by Eddie Scarito

The Heat continue to fill out their preseason roster, announcing that they have signed unrestricted free agent forward Stefan Jankovic. The length and terms of the deal were not disclosed, but it is more than likely a minimum salary arrangement.

Jankovic went undrafted out of the University of Hawaii this year and is currently playing on Miami’s Summer League squad in Las Vegas where he has appeared in two games, notching a total of eight points, three assists and two rebounds in 26 minutes of action.

The 22-year-old was named the Big West Player of the Year this past season after averaging 15.6 points, 6.6 rebounds, 1.2 blocks, 1.2 assists in 24.7 minutes of action over 33 games. Jankovic shot 54.3% from the floor overall, 39.3 % from three-point range and 77.2% from the foul line.

Warriors Sign Damian Jones

July 13th, 2016 at 2:57pm CST by Luke Adams

The Warriors have locked up the final pick of the 2016 first round, announcing today in a press release that they’ve signed center Damian Jones to his rookie contract. Terms of the deal weren’t disclosed, but Jones will get a four-year deal that features two guaranteed years and two teams options.

Assuming Jones signed for 120% of the rookie-scale slot for the No. 30 pick, he’ll be in line for a $1,171,560 salary in 2016/17, and a four-year contract worth $5,977,897. The deal will put him in line for a contract extension in 2019, or restricted free agency in 2020.

[RELATED: 2016 Draft Pick Signings]

A seven-footer out of Vanderbilt, Jones averaged 13.9 PPG and 6.9 RPG during his junior year before declaring for the draft. Jonathan Givony of DraftExpress.com ranked him as the 21-best prospect in this year’s draft class.

The Warriors have undergone significant changes at the center position since the offseason began. Festus Ezeli and Andrew Bogut are gone, and Anderson Varejao remains unsigned. The team signed Zaza Pachulia to help fill that opening at center, but Jones figures to compete for a spot in the regular rotation in his rookie year.

A breakdown of the Warriors’ roster and depth chart can be found right here.

Warriors Re-Sign James McAdoo

July 13th, 2016 at 2:48pm CST by Luke Adams

JULY 13, 2:48pm: The Warriors have officially re-signed McAdoo, the team announced today in a press release.

JULY 8, 2:00pm: It’ll be a minimum-salary deal for McAdoo, who will earn $980,431, tweets Jeff Zillgitt of USA Today.

1:46pm: The Warriors are bringing back another one of their free agents, according to Marc J. Spears of The Undefeated, who reports (via Twitter) that James McAdoo is re-signing with the club on a one-year deal. McAdoo had been an unrestricted free agent after Golden State declined to extend him a qualifying offer.

McAdoo, 23, has spent the first two years of his NBA career with the Warriors, but the former UNC forward hasn’t seen much action so far. In 2015/16, he appeared in 41 regular-season games for Golden State, averaging 6.4 minutes in those contests.

While McAdoo has flashed some promise, it remains to be seen whether he’ll get the opportunity to take on a larger role in Golden State going forward. The team has lost several of its free agents – including Harrison Barnes, Festus Ezeli, Marreese Speights, Leandro Barbosa, and Brandon Rush – and traded Andrew Bogut. However, the Warriors have also added a few pieces, re-signing Ian Clark and landing Zaza Pachulia, David West, and – of course – Kevin Durant. in free agency. The club also drafted Damian Jones and Patrick McCaw.

Although they didn’t extend him a qualifying offer, the Warriors still have McAdoo’s Early Bird rights, so they could go over the cap and pay him more than a minimum salary. It’s not yet clear what McAdoo’s new deal will be worth.

Timberwolves Sign Cole Aldrich

July 13th, 2016 at 2:02pm CST by Arthur Hill

March 13, 2016; Los Angeles, CA, USA; Los Angeles Clippers center Cole Aldrich (45) moves the ball against Cleveland Cavaliers forward Channing Frye (9) during the first half at Staples Center. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports

Gary A. Vasquez-USA TODAY Sports Images

JULY 13: The Wolves have formally signed Aldrich, the team announced today (via Twitter).

JULY 3: Veteran center Cole Aldrich will sign a three-year, $22MM deal with the Timberwolves, tweets Marc Stein of ESPN.com. The 27-year-old center spent the 2015/16 season with the Clippers and averaged 5.5 points and 4.8 rebounds in 60 games.

Aldrich decided last month to opt out of his contract with L.A., which would have paid him the league minimum, approximately $1.23MM. The Clippers had hoped to keep the unrestricted free agent, but he chose to accept the offer from Minnesota.

The Bloomington, Minn., native will serve as a backup to Rookie of the Year Karl-Anthony Towns. The Timberwolves will be his sixth NBA franchise.

Sixers Sign Jerryd Bayless To Three-Year Deal

July 13th, 2016 at 11:40am CST by Eddie Scarito

JULY 13: Nearly two weeks after agreeing to sign him, the Sixers have made their deal with Bayless official, confirming it today in a press release.

JULY 1: The Sixers have reached an agreement on a multiyear deal with unrestricted free agent Jerryd Bayless, Jon Krawczynski of The Associated Press reports (Twitter links). The guard will receive a three-year deal worth $27MM, the scribe adds. All three seasons of the pact are fully guaranteed.

The addition of Bayless is a solid one for the Sixers, who desperately need backcourt depth and outside shooting. Philly was reportedly seeking to add veterans to its roster this offseason, and with Bayless set to be in the fold, are off to a solid start in that department.

The 27-year-old appeared in 52 games for the Bucks this past season, including 18 contests as a starter. Bayless averaged 10.4 points, 2.7 rebounds and 3.1 assists in 28.9 minutes per outing while shooting .423/.437/.778 from the field.

Photo courtesy of USA Today Sports Images.

Sixers Sign Sergio Rodriguez

July 13th, 2016 at 11:38am CST by Luke Adams

JULY 13: The Sixers have officially issued a press release to announce their deal with Rodriguez. Eric Pincus of Basketball Insiders reported on Tuesday that it’s worth $6.8MM over one year.

JULY 4: After striking a deal with Jerryd Bayless earlier in free agency, the Sixers have further fortified their backcourt by reaching an agreement with Spanish guard Sergio Rodriguez, tweets Shams Charania of The Vertical. According to Charania, the Sixers and Rodriguez have agreed to a one-year, $8MM contract.

Rodriguez, 30, was a first-round pick back in 2006, but hasn’t appeared in an NBA game since the 2009/10 season, when he played a total of 66 games for the Kings and Knicks. Rodriguez previously spent time with the Trail Blazers, and appeared in a total of 285 regular-season NBA contests. However, he averaged just 13.2 minutes per game during his NBA career, and didn’t make much of an impact.

Over the last several seasons, Rodriguez has been a go-to contributor for Spain’s Real Madrid. In 27 Euroleague games during the 2015/16 season (23.4 MPG), Rodriguez averaged 10.9 points and 6.2 assists per game, while shooting 49.5% from the floor and 40.9% from three-point range.

The Nets had previously been dubbed the favorites to reach a deal with Rodriguez, but last Friday a report had indicated that an agreement between the two sides appeared “unlikely.”

Pelicans Waive Toney Douglas

July 13th, 2016 at 10:15am CST by Luke Adams

The Pelicans have formally parted ways with point guard Toney Douglas, the team announced today in a press release. Assuming Douglas isn’t claimed later this week off waivers by another club, he’ll become an unrestricted free agent.

A former first-round pick, Douglas appeared in 61 games for the Pelicans in 2015/16, starting 18 of those contests. Averaging just over 20 minutes per game, Douglas recorded 8.7 PPG, 2.6 APG, and 2.3 RPG over the course of the year, making just under 40% of his three-pointers.

Despite his solid performance last season, Douglas became expendable this summer based on the Pelicans’ free agency additions. In addition to agreeing to bring back Tim Frazier, the team also worked out deals with Langston Galloway and E’Twaun Moore, creating a bit of a logjam in the backcourt.

Douglas was also a candidate to be released because his salary for the 2016/17 season was fully non-guaranteed. Per Basketball Insiders, Douglas’ guarantee date was July 12, so despite the team not issuing an official announcement until today, the move was finalized before that Tuesday deadline.