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Magic Re-Sign Evan Fournier

July 7th, 2016 at 1:25pm CST by Luke Adams

JULY 7, 1:25pm: The Magic have now confirmed all their previously-reported free agent signings, wrapping up their series of announcements by tweeting that they’ve re-signed Fournier.

JULY 1, 3:19pm: Fournier’s new contract will include a player option in the fifth year that would allow him to become an unrestricted free agent in 2020, tweets Josh Robbins of The Orlando Sentinel.

2:27pm: The Magic have reached an agreement with restricted free agent Evan Fournier on a five-year contract that will be worth about $85MM, reports Marc J. Spears of The Undefeated (via Twitter). Both sides had been interested in finding common ground on an extension, with Fournier indicating as free agency opened that he wasn’t sure if he’d even take any meetings with rival suitors.

Fournier, 23, enjoyed a breakout season for the Magic in 2015/16, starting a career-high 71 of 79 games for the team and establishing new career-best marks in several other categories as well, including PPG (15.4), APG (2.7), RPG (2.8), and 3P (2.0). He also had a very solid shooting line of .462/.400/.836.

With his rookie contract having expired, Fournier received a qualifying offer from the Magic earlier this week, making him a restricted free agent and giving the team the right of first refusal. Given the numbers we’ve seen on many of the early free agent agreements today, it seems possible that Fournier could’ve found a maximum-salary offer sheet – which would have been worth closer to $95MM over four years – from another team. Instead, he’ll take slightly less than that to remain with the Magic on a five-year pact.

Since sending Victor Oladipo to the Thunder as part of the trade package that landed Serge Ibaka in Orlando, the Magic have been very active in fortifying their backcourt. The club acquired Jodie Meeks in a trade with the Pistons, then agreed to sign D.J. Augustin earlier today, before reaching an extension agreement with Fournier.

Fournier ranked 14th on our list of this year’s top 50 free agents.

Photo courtesy of USA Today Sports Images.

Free Agent Notes: Timberwolves, Wizards, Randolph

July 7th, 2016 at 1:15pm CST by Dana Gauruder

The Timberwolves offered veteran small forward Luol Deng a three-year contract at $12MM per season, according to Darren Wolfson of KSTP Radio (Twitter link). Head coach and president of basketball operations Tim Thobideau refused to fully guarantee the third year, Wolfson adds. In the end, the Timberwolves didn’t come close to signing Deng, as the former Heat starter agreed to a four-year, $72MM contract with the Lakers.

In other news regarding free agency:

The Wizards have interest in re-signing shooting guard Alan Anderson and will meet with him this weekend, league sources told J. Michael of CSNmidlatlantic.com (Twitter links). The meeting is expected to take place in Las Vegas, Michael adds. Anderson, who made $4MM last season, appeared in just 13 games with the Wizards after undergoing a second surgery on his left ankle. The previous season, he played in 74 games with the Nets and averaged 7.4 points in 23.6 minutes.
Shooting guard Brandon Paul is drawing major interest around the league after some strong performances for the Hornets’ summer-league team, Sportando tweets. He’s averaging 15.3 points and 7.3 rebounds through four games in the Orlando Summer League. The 6’4” Paul went undrafted in 2013 out of the University of Illinois and has been playing for a Spanish league team, FIATC Joventut.
Forward Anthony Randolph will remain in Europe and sign a one-year deal with Spain’s Real Madrid, a source told Marc J. Spears of ESPN.com (Twitter links). Randolph received interest from the Mavericks this summer, Spears adds. The contract will be the $1.5MM-$2MM range, international journalist David Pick tweets. The 6’11” Randolph hasn’t played in the NBA since the 2013/14 season, when he appeared in 43 games with the Nuggets.
Power forward Willie Reed has drawn interest from the Warriors, Spurs, Heat, Thunder, Timberwolves and Pacers, Alex Kennedy of Basketball Insiders tweets. Reed, an unrestricted free agent, averaged 4.7 points and 3.1 rebounds in 10.9 minutes over 39 games with the Nets last season.
Free agent center Robert Sacre, who played the last four seasons with the Lakers, has drawn interest from the Timberwolves and Rockets, Wolfson reports in a separate tweet.

Mavericks, Pacers Finalize Jeremy Evans Trade

July 7th, 2016 at 1:05pm CST by Luke Adams

THURSDAY, 1:05pm: The Pacers have officially confirmed the trade, announcing in a press release that they’ll receive Evans, cash considerations, and the rights to Emir Preldzic from the Mavericks in exchange for the rights to Stanko Barac.

WEDNESDAY, 11:57am: The Mavericks and Pacers are finalizing an agreement on a trade that will send Jeremy Evans and cash to Indiana, according to Adrian Wojnarowski of The Vertical (Twitter links). ESPN’s Marc Stein first reported on Tuesday that Dallas was “increasingly likely” to move Evans and his $1,227,286 salary to free up a little extra cap room.

Evans, 28, appeared in 30 contests for Dallas this past season, including two starts. The veteran forward only played 8.4 minutes per contest, averaging 2.4 points, 1.8 rebounds, and 0.3 blocks to accompany a shooting line of .542/.250/.714. He had season-ending surgery on a torn labrum in March.

The Pacers almost certainly aren’t counting on Evans to have a major role in their rotation, but he could help provide some depth at small forward, with Solomon Hill headed to New Orleans in free agency. With Hill, Ian Mahinmi, and potentially Jordan Hill all potentially ticketed for new homes, Indiana has done a nice job replenishing its frontcourt this offseason, adding Al Jefferson and Thaddeus Young, along with Evans.

As for the Mavericks, the contracts and trades they’ve agreed to this July had them just slightly over their available cap room, based on the reported salary figures. So it makes sense that the team would look to move Evans to create a little extra flexibility to fit all those deals. Dallas also may trade or waive JaVale McGee before his 2016/17 salary becomes guaranteed next week.

Photo courtesy of USA Today Sports Images.

Timberwolves Sign Lottery Pick Kris Dunn

July 7th, 2016 at 12:20pm CST by Dana Gauruder

The Timberwolves have signed point guard Kris Dunn, the fifth pick in last month’s draft, the team announced in a press release. Terms of the contract were not disclosed but assuming Dunn received the standard 120% of his scale amount, he would make $3,872,520 in his first season and $19,302,919 through the remainder of his four-year rookie contract.

Dunn was the first point guard chosen in the draft after a stellar career with Providence. The two-time Big East Player of the Year and conference Defensive Player of the Year averaged 16.4 points, 5.3 rebounds, 6.2 assists and 2.5 steals as a junior last season.

The 6-4 Dunn will compete for minutes with Ricky Rubio and Zach LaVine, though either could be traded by the start of the season to open up playing time for Dunn. Minnesota has shopped Rubio and head coach Tom Thibodeau is optimistic his trade value will increase from teams who failed to sign a starting point guard in free agency.

The Timberwolves and Bulls were engaged in draft-night trade talks involving Dunn and Jimmy Butler, per several reports, but couldn’t agree on a deal. Chicago wound up agreeing to terms with free agent point guard Rajon Rondo.

Blazers Ink Second-Round Pick Jake Layman

July 7th, 2016 at 11:59am CST by Eddie Scarito

11:59am: Layman’s three-year deal with the Blazers will be worth $600K in 2016/17, with subsequent salaries of $905K and $1.1MM, tweets Eric Pincus of Basketball Insiders. Per Pincus, the final year will be non-guaranteed.

JULY 7, 12:30am: The deal is official, the team announced.

JULY 6, 9:48pm: The Trail Blazers have come to terms with 2016 second-rounder Jake Layman on a contract, Adrian Wojnarowski of The Vertical reports (via Twitter). It’s a three-year deal worth approximately $2.7MM and the first two seasons are fully guaranteed, Joe Freeman of The Oregonian relays.

Portland acquired the forward’s rights in a draft night trade with the Magic, shipping them $1.MM in cash and a 2019 second-round pick in exchange for the No. 47 overall selection.

Layman, 22, appeared in 36 games for Maryland in 2016/16, averaging 11.6 points, 5.3 rebounds and 1.1 assists in 31.4 minutes per night. His shooting line was .500/.396/.832.

Wizards Decline Option On Drew Gooden

July 7th, 2016 at 11:50am CST by Dana Gauruder

The Wizards have declined their option on veteran power forward Drew Gooden, making him an unrestricted free agent. The news was first reported by ESPN.com’s Marc Stein and confirmed as official in a tweet from J. Michael of CSNMidatlantic.com.

Salary-cap issues forced the Wizards to set Gooden free. Gooden’s $3.5MM salary for 2016/17 would have been guaranteed if he remained on the roster on July 15. Washington’s guaranteed payroll jumped to $96MM with the reported free agent additions of three other big men, Ian Mahinmi, Andrew Nicholson and Jason Smith.

Gooden, who turns 35 in September, has played in Washington the past three seasons. He appeared in 30 games last season, averaging 2.7 points and 2.8 rebounds in 10.2 minutes. A calf injury was partially responsible for Gooden’s lack of playing time.

Gooden, who has been in the league since the 2002/03 season, has developed into a stretch four during the latter stages of his career. He averaged 41.2% and 39.0%, respectively, on 3-point attempts during his first two seasons with the Wizards. That dropped to 17.1% in limited action last season.

Hornets Re-Sign Nicolas Batum

July 7th, 2016 at 11:35am CST by Luke Adams

JULY 7: The Hornets have officially announced their new deal with Batum.

JULY 1: The Hornets have struck a deal with Nicolas Batum, and will bring the veteran forward back on a long-term contract, according to Shams Charania of The Vertical (Twitter links). Charania reports that Batum and the Hornets have agreed to a five-year, $120MM deal, which will include a player option on the final season.

Batum, 27, would have been eligible for a maximum-salary contract worth in excess of $150MM, so it seems he was willing to settle for significantly less than that to remain in Charlotte, despite the fact that we heard earlier in the night that he was seeking a max deal.

The longtime Trail Blazer was traded from Portland to Charlotte last June, and had a nice bounce-back season in his first year with the Hornets, averaging a career-high 14.9 points per game, to go with 6.1 RPG, 5.8 APG, and 2.0 three-pointers per game.

Prior to reaching an agreement with the Hornets, Batum had scheduled a face-to-face meeting with the Mavericks in Dallas and planned to the Knicks, Lakers and Wizards via phone. It’s not clear whether or not all of those conversations took place. The Lakers reportedly had Batum at or near the top of their free agent wish list.

We ranked Batum eighth on our list of this year’s top 50 free agents, suggesting that he was one of the best – and most versatile – wings available. Teams that missed on Batum may shift their focus to players like Kent Bazemore and Marvin Williams instead.

Photo courtesy of USA Today Sports Images.

Pacers Acquire Jeff Teague; George Hill To Jazz

July 7th, 2016 at 11:12am CST by Luke Adams

JULY 7: The Pacers, Jazz, and Hawks have all issued announcements formally confirming that the three-way swap is official. Teague goes to Indiana, Hill heads to Utah, and Atlanta gets the rights to Taurean Prince, the 12th overall pick in last month’s draft.

JUNE 22: The Pacers, Jazz, and Hawks have agreed to a three-way trade, according to Adrian Wojnarowski of The Vertical, who reports that Indiana will acquire Atlanta point guard Jeff Teague and send George Hill to Utah in the deal. The Hawks, meanwhile, will get the No. 12 overall pick in tomorrow’s draft from Utah, says Wojnarowski.

Teague, 28, has been the subject of trade rumors this year despite having an All-Star appearance on his résumé. With just one year left on his contract, Teague has become somewhat expendable in Atlanta due to the continued development of fellow point guard Dennis Schröder, who has made no secret about his desire to be the starter going forward

Teague, who said earlier this month that he played the 2015/16 season with a torn patellar tendon in his knee, still appeared in 79 games, averaging 15.7 points and 5.9 assists, and shooting 43.9% from the field and 40% from three-point range. According to Wojnarowski, the Pacers intend to try to extend Teague’s contract beyond the 2016/17 season. The veteran point guard will be eligible to restructure his deal beginning on July 13th.

In Hill, meanwhile, the Jazz are acquiring a solid defender who can also contribute on the offensive end, particularly from beyond the arc. In 74 regular-season games, Hill averaged 12.1 points, 3.5 assists, and 4.0 rebounds per game, to go along with a 40.8% mark from three-point range. The 30-year-old was also solid in Indiana’s first-round playoff loss to Toronto, increasing his three-point percentage to 48.1% for those seven games. He’ll team with Dante Exum at the point in Utah, and his arrival may push Trey Burke to the trade block.

Chris Vivlamore of The Atlanta Journal-Constitution suggests (via Twitter) that the trade won’t become official until July, which makes sense if no other pieces are involved. That would allow the Jazz to use their cap space in July to absorb Hill’s $8MM salary without moving any other players. From the Pacers’ perspective, Teague’s salary – which will increase to $8.8MM due to his 10% trade kicker – is only a marginal increase on Hill’s.

As for the Hawks, they’d clear Teague’s salary while taking on a cap hold of just under $2MM for the No. 12 overall pick. The move would reduce the guaranteed salaries on Atlanta’s books for 2016/17 to about $44MM, not including the cap holds for their two first-rounders or pending free agents, giving the team plenty of room to re-sign Al Horford and potentially pursue another free agent or two as well.

Photo courtesy of USA Today Sports Images.

Knicks Sign Marshall Plumlee

July 7th, 2016 at 11:07am CST by ChrisCrouse

JULY 7: Plumlee’s agency, Priority Sports, has officially announced the big man’s deal with the Knicks (via Twitter). According to Michael Scotto of The Associated Press (via Twitter), the contract is for three years, and is fully guaranteed in year one.

JUNE 24: The Knicks and Marshall Plumlee have agreed to a free agent deal, Shams Charania of the Vertical reports (Twitter link). The details of his contract are not available yet, though Charania reports that Plumlee’s salary will be guaranteed.

Plumlee was the 81st-best prospect in this year’s class, according to Jonathan Givony of Draft Express. He averaged 8.3 points and 8.6 rebounds per game during his senior season at Duke.

The Knicks had only five players under contract entering today, as the team’s depth chart at Roster Resource indicates. The team came to terms with Ron Baker earlier today, which, along with Plumlee’s agreement, brings the roster count to seven.

Blazers, Magic Finalize Shabazz Napier Trade

July 7th, 2016 at 10:26am CST by Luke Adams

THURSDAY, 10:26am: The Magic announced today in a press release that they’ve acquired cash considerations from the Blazers in exchange for Napier.

TUESDAY, 12:08pm: The Magic are finalizing a trade that will send point guard Shabazz Napier to the Trail Blazers in exchange for cash considerations, reports Josh Robbins of The Orlando Sentinel. The deal can’t become official until Thursday, at the earliest.

Napier, who will turn 25 next week, was the 24th overall pick in the 2014 draft, and spent his rookie year with the Heat. He was a rotation piece for most of that season, averaging nearly 20 minutes per contest. However, Miami sent him to the Magic last summer for a heavily-protected second-round pick, and he saw his role reduced in Orlando, averaging just 10.9 minutes per game in 55 appearances.

[RELATED: Magic and Trail Blazers depth charts at RosterResource.com]

With Elfrid Payton penciled in as the Magic’ starting point guard, C.J. Watson still in the mix, and D.J. Augustin set to sign with the team as a free agent, there was no room left in the rotation for Napier heading into next season, making him expendable.

The Trail Blazers, meanwhile, have utilized primary shooting guard C.J. McCollum as a alternative to Damian Lillard at the point, but the team doesn’t really have another backup point guard on the roster with Brian Roberts eligible for free agency. Napier will add depth at the position.