Transactions Rumors | Hoops Rumors

Warriors Acquire No. 38 Pick From Bucks

June 23rd, 2016 at 10:24pm CST by Luke Adams

After selecting Malcolm Brogdon with the 36th overall pick, the Bucks have sent No. 38 to the Warriors, reports Shams Charania of The Vertical (Twitter links). According to Charania, Golden State is using the pick to nab UNLV shooting guard Patrick McCaw.

Jonathan Givony of DraftExpress.com reports (via Twitter) that the 38th overall pick has been on sale for several weeks now, so it sounds like the Warriors are simply buying it from the Bucks. Adrian Wojnarowski of The Vertical tweets that Golden State is sending $2.4MM to Milwaukee as part of the deal.

Per Givony, Brooklyn was rumored to have a deal lined up for No. 38 before the Nets acquired the No. 20 pick instead.

Pelicans Acquire No. 33, Select Cheick Diallo

June 23rd, 2016 at 10:13pm CST by Luke Adams

The Pelicans have moved up six spots in the draft, sending the Nos. 39 and 40 selections to the Clippers in exchange for the No. 33 pick, reports Dan Woike of The Orange County Register (via Twitter). With the newly acquired pick, New Orleans selected Kansas big man Cheick Diallo.

Diallo, a 6’9″ freshman out of Senegal, was projected as a late first-rounder. He was ranked 24th by ESPN’s Chad Ford and DraftExpress’ Jonathan Givony on their lists of the top 100 prospects.

Diallo averaged just 7.5 minutes of playing time at Kansas, scoring 2.5 points per night and grabbing 1.9 rebounds. He is known as an excellent defender and rebounder, but needs to develop an offensive game.

Celtics To Trade Deyonta Davis To Grizzlies

June 23rd, 2016 at 10:02pm CST by Arthur Hill

The Celtics will trade Deyonta Davis, the first pick of the second round, to the Grizzlies, tweets Shams Charania of The Vertical. Boston sent picks No. 31 and 35 to Memphis in exchange for the Clippers’ 2019 first-rounder that the Grizzlies owned, according to ESPN’s Jeff Goodman (Twitter link).

The 6’11” freshman from Michigan State had been projected as a mid first-rounder. Jonathan Givony of DraftExpress had Davis ranked 11th in his most recent list of top 100 prospects, and ESPN’s Chad Ford put Davis 16th in his top 100.

The 19-year-old Davis averaged 7.5 points and 5,5 rebounds during his lone season with the Spartans. He has NBA size, but scouts say he needs to get stronger and become a better finisher in the lane.

Sixers Draft Ben Simmons With No. 1 Pick

June 23rd, 2016 at 6:37pm CST by Arthur Hill

As expected, the Sixers opened this year’s draft by taking LSU’s Ben Simmons. The 6’10” Australian native, who has been the consensus No. 1 choice since the beginning of the college season, averaged 19.2 points, 11.8 rebounds and 4.8 assists during his lone season with the Tigers.

After landing the top pick in last month’s lottery, Philadelphia was reportedly deciding between Simmons and Duke forward Brandon Ingram. On Tuesday, the Sixers informed Simmons that he would be their choice.

Simmons is the latest in a string of big men drafted early by the Sixers. He joins a crowded frontcourt that includes Jahlil Okafor, Nerlens Noel, Joel Embiid and maybe Croatian star Dario Saric. Philadelphia is reportedly trying to package Noel and its selections at Nos. 24 and 26 to obtain a top-eight pick.

Photo courtesy of USA Today Sports Images.

Knicks Acquire Derrick Rose From Bulls

June 22nd, 2016 at 11:30pm CST by Luke Adams

The Knicks and Bulls have agreed to deal that sends Derrick Rose to New York, along with Justin Holiday and a 2017 second-round pick. In exchange, Chicago receives Robin Lopez, Jerian Grant and Jose Calderon. Both teams have officially confirmed the move, with the Knicks announcing that they’ve also waived guard Tony Wroten as part of the deal.

K.C. Johnson of The Chicago Tribune (Twitter link) first reported that an agreement was in place, along with all the names involved, while Adrian Wojnarwoski and Shams Charania of The Vertical (Twitter link) were first to report that the two teams were engaged in “advanced talks” on a trade that would send Rose to the Knicks. The deal also came on the heels of earlier reports that the Bulls were open to moving Rose, and that the Knicks had internally discussed acquiring the Chicago point guard.

While Rose has been plagued by injuries since his MVP campaign in 2010/11, he managed to stay on the court for 66 games this past season, his highest mark in five years. In those games, he recorded averages of 16.4 points and 4.7 assists, shooting .427 from the floor.

Rose is entering the final year of his contract, and is set to earn a $21.323MM salary in 2016/17, so the Knicks are betting on him continuing to stay healthy going forward, and perhaps recapturing the form that saw him win that MVP award five years ago. If the 27-year-old has a solid season in New York, the Knicks would hold his Bird Rights when he becomes eligible for free agency in 2017.

By acquiring Rose, the Knicks will perhaps shift their focus in free agency more toward big men. The team could still use backcourt help, particularly at the two, with Arron Afflalo opting out, but losing Lopez will leave a hole at center in New York. Frank Isola of the New York Daily News suggests (via Twitter) that Dwight Howard, Joakim Noah, and Pau Gasol could be among the Knicks’ targets in July, and we know Howard would be open to signing with New York.

Noah and Gasol, of course, are Bulls free agents, but the odds of those players both landing elsewhere appear to be on the rise with Lopez headed to Chicago. If the Bulls go into full rebuilding mode, Jimmy Butler could be a trade candidate as well, but considering they acquired veteran players in exchange for Rose, I’d be surprised if the Bulls go in that direction.

As Jonathan Givony of DraftExpress.com tweets, the Bulls have been eyeing point guard prospects in this year’s draft class, and while the team won’t get Kris Dunn at No. 14, a player like Wade Baldwin is a potential target. In Calderon, Chicago will at least have a solid veteran at the position for one more year.

From a financial perspective, the salaries involved in the swap are virtually a wash, despite Rose’s $20MM+ cap figure. Lopez, Grant, and Calderon combined to earn $21,625,172 in 2015/16, compared to $21,040,340 for Rose and Holiday. As Bobby Marks of The Vertical tweets, Rose’s 15% trade kicker won’t be applied to this deal, since his salary would exceed the max with that kicker — it would have been in play if the trade had been completed in July.

The Knicks create a traded player exception worth $1,572,360, the amount of Grant’s salary, but will likely renounce that exception next month in order to use space under the cap.

Photo courtesy of USA Today Sports Images.

Jeremy Lin Opts Out Of Contract

June 22nd, 2016 at 11:17pm CST by Luke Adams

JUNE 22: Lin, whose decision was due on Wednesday, has officially turned down his player option and will hit the open market in July, tweets ESPN’s Marc Stein.

JUNE 7: Jeremy Lin will opt out of his contract and become an unrestricted free agent this offseason, reports Chris Haynes of Cleveland.com (Twitter links). According to Haynes, the Hornets will make an effort to re-sign Lin, but the point guard figures to have plenty of suitors.

Lin, 27, signed a modest two-year contract last summer with Charlotte — that deal paid him $2.139MM in 2015/16, and featured a $2.235MM player option for 2016/17, which was always considered unlikely to be exercised unless Lin suffered a major injury or saw his performance fall off a cliff.

In his first – and possible only – season with the Hornets, Lin averaged 11.7 points per game, right in line with his career average. Lin’s .412 FG% and 3.0 assists per game were the worst full-season marks of his NBA career, but he was still a capable backup to Kemba Walker at the point.

Lin’s option decision deadline is on June 22, so he won’t officially be on track for free agency until that date passes. At that point, Lin will remain on Charlotte’s books with a cap hold worth about $2.567MM. The Hornets only hold his Non-Bird rights, so the team won’t be able to exceed the cap significantly to sign him. Still, with only about $46MM in guaranteed salary on their books for now, the Hornets should be able to find room for Lin if they make him a priority.

Brandon Bass Declines Player Option

June 22nd, 2016 at 3:02pm CST by Eddie Scarito

JUNE 22: Bass has now officially opted out of his deal with the Lakers, making him a free agent on July 1st, tweets Eric Pincus of Basketball Insiders.

JUNE 16: Brandon Bass will turn down his $3.135MM player option for next season with the Lakers and become an unrestricted free agent, the player’s representatives have informed Brad Turner of The Los Angeles Times (Twitter link). The notion that the power forward would opt out and test the open market this offseason was first relayed by Chris Haynes of the Northeast Ohio Media Group back in April.

The 31-year-old saw his numbers decline as he assumed a bench role in L.A. this season after spending the previous four years primarily as a starter for the Celtics. His 7.2 points, 4.3 rebounds and 20.3 minutes per game were his lowest in each category since the 2009/10 campaign. Still, Bass is a solid teammate who works hard and provides veteran leadership, all qualities the Lakers could benefit from by re-signing the big man this offseason. For what it’s worth, Bass noted that he hopes to remain with the franchise and that the feeling is mutual, Turner tweets.

Two strong possibilities for Bass next season if he doesn’t return to Lakers would be the Celtics and Clippers, though that is merely my speculation. Boston coach Brad Stevens said in December that he remained high on Bass, who said shortly before then that he’d planned to play out the rest of his career with Boston until the Celtics signed Amir Johnson instead last summer. The Tony Dutt client ended up with the Lakers, signing a two-year, $6.135MM contract in July. L.A. reportedly made Bass available for trades over the winter, but offers were said to be unappealing.

Richard Jefferson To Retire?

June 22nd, 2016 at 11:01am CST by Arthur Hill

WEDNESDAY, 11:01am: Jefferson has backtracked a little on his initial announcement, suggesting that he hasn’t totally finalized his decision to retire. As Kurt Helin of Pro Basketball Talk outlines, Jefferson discussed his decision on The Dan Patrick Show on Wednesday.

“No, it’s is not set in stone,” Jefferson said. “My teammates, ‘Bron and those guys, keep trying to talk me out of it. They say I’m crazy if I retire, so we’ll see. It’s still up for debate.”

SUNDAY, 10:49pm: Moments after winning his first NBA championship, Cavaliers forward Richard Jefferson said he plans to retire from the league, tweets Ryan Wolstat of The Toronto Sun. “Hell of a way to go out,” the 15-year veteran said shortly after Cleveland prevailed in Game 7 of the NBA Finals.

Jefferson, who will turn 36 on Tuesday, played in 74 games for the Cavs this season, mostly in a reserve role. He averaged 5.5 points and 1.7 rebounds in 17.9 minutes per night.

Jefferson started his career in the 2001/02 season with the New Jersey Nets. He also played for the Bucks, Spurs, Warriors, Jazz and Mavericks. He signed a one-year deal with the Cavaliers in August.

“I’m done. I’m done,” Jefferson told Michael Grange of Rogers Sportsnet. “I need a cigar.” (Twitter link).

Manu Ginobili Declines Player Option

June 22nd, 2016 at 9:43am CST by Luke Adams

9:43am: In his full story on Ginobili’s decision, Charania writes that the veteran Spur is leaning toward re-signing with San Antonio for at least one more season.

9:33am: Veteran guard Manu Ginobili is the latest player to decline a player option for 2016/17, opting not to pick up his $2.94MM option for next season, according to Shams Charania of The Vertical (Twitter link). ESPN’s Marc Stein first reported (via Twitter) that Ginobili was expected to head to free agency, as he continues to weigh his options.

While Ginobili will become a free agent, that doesn’t necessarily mean he’ll leave San Antonio, or even that he’ll continue his NBA career. Ginobili and the Spurs may ultimately work out a deal that allows him to return for another season, but it doesn’t sound like the 38-year-old has made a decision yet on whether to keep playing or retire.

The longtime Spur did show signs of slowing down in 2015/16, his 14th season in San Antonio. He played fewer than 20 minutes per game for the first time in his NBA career, and scored just 9.6 points per contest, his lowest mark since his rookie year. Still, while Ginobili’s role has been reduced, he continued to be reasonably effective when he did play — his 2015/16 shooting percentages (.453 FG%, .391 3PT%) were slightly better than his career averages.

The Spurs are expected to make a run at Kevin Durant this summer, and could take a look at some other top-tier free agents, but the looming decisions for Ginobili and Tim Duncan, who also has a player option for 2016/17, may have an impact on their offseason approach. Assuming both players want to continue their careers, it’s hard to imagine the Spurs not welcoming them back.

Deron Williams Opts Out Of Mavericks Deal

June 22nd, 2016 at 9:19am CST by Luke Adams

Deron Williams is the latest Maverick to inform the team of his decision to opt out, reports ESPN’s Marc Stein (Twitter link). Chandler Parsons and Dirk Nowitzki have also told the Mavs that they’re turning down their respective player options to sign new contracts.

We heard back in April that Williams intended to opt out of his contract this summer in order to seek a multiyear deal. At that time, reports indicated that the team and player had mutual interest in working out a new agreement that would allow Williams to return to Dallas. Once July 1st arrives, however, other teams will have the opportunity to make their own pitches to the veteran point guard.

Williams, who turns 32 on Sunday, appeared in 65 regular-season contests for the Mavericks in 2015/16, averaging 14.1 points, 5.8 assists, and 2.9 rebounds in 32.4 minutes per game. While those numbers aren’t close to the ones Williams put up during his heyday in Utah, Mavs president of basketball operations Donnie Nelson pointed to what he saw as a renewed sense of enthusiasm in the point guard’s play this past season.

Williams’ player option for 2016/17 would have paid him $5,621,026, but with the cap on the rise, there’s a very good chance he’ll be able to surpass that salary on the open market, and he should be able to lock in a deal for more than one year as well.