Transactions Rumors | Hoops Rumors

Wolves Sign Greg Smith For Rest Of Season

March 23rd, 2016 at 11:14am CST by Chuck Myron

WEDNESDAY, 11:14am: The signing is official, the team announced (Twitter link). Minnesota’s press release also confirms that Smith’s second 10-day signing took place on March 12th, not March 13th.

TUESDAY, 12:12pm: The Timberwolves will sign Greg Smith for the rest of the season, reports Jon Krawczynski of The Associated Press (Twitter link). The big man previously signed a pair of 10-day contracts with Minnesota. His second 10-day deal expired overnight, according to Krawczynski, and that jibes with the information on the RealGM transactions log, which shows Smith as having signed the pact March 12th. The team didn’t give a formal announcement until March 13th, making it seem as though today, and not Monday, is the final day of the contract. Regardless, it appears Smith will be sticking around as Minnesota’s 14th player.

Smith has averaged 10.3 minutes per game across nine appearances with the Wolves so far, though he hasn’t had much of a role in the team’s offense, averaging just 2.3 points per contest. His size has come in handy as fellow big men Kevin Garnett and Nikola Pekovic deal with knee and Achilles tendon injuries, respectively.

Keeping Smith still leaves Minnesota with an open roster spot, one of two the Wolves reaped through buyouts with Kevin Martin and Andre Miller. A minimum-salary contract for Smith would cost the Wolves no more than $128,161 if it doesn’t carry into next season. Even on top of the $111,444 total for the two 10-day contracts, it’s still much less than the $609,083 the team saved in the buyouts.

Grizzlies Sign Ray McCallum To Second 10-Day

March 22nd, 2016 at 10:43am CST by Chuck Myron

The Grizzlies have signed Ray McCallum to a second 10-day contract, the team announced. His first expired overnight. The move restores Memphis to a 17-man roster, meaning the club has received additional clearance from the league through the hardship provision to carry two more than the regular season 15-man maximum. However, Memphis has no immediate plans to re-sign Alex Stepheson, whose first 10-day contract also expired at the end of Monday, tweets Grizzlies sideline reporter Rob Fischer. The hardship exception they’d used to carry Stepheson as one of 18 players on Monday’s roster wasn’t renewed, according to Ronald Tillery of The Commercial Appeal, who suggests it likely means Chris Andersen will return tonight from the left shoulder injury that’s kept him out for the last nine games (Twitter link)

The latest deal for McCallum, which costs $55,722, will cover four games, against the Lakers, Spurs (twice) and Nuggets. The third-year pro has seen plenty of action in Memphis, starting the last two games and averaging 8.5 points, 2.8 assists and 1.8 turnovers in 24.3 minutes per contest across six appearances overall. He’s canned nine of his 18 3-point attempts as he’s seen far more opportunity than he did with the Spurs, who had him for most of the season before waiving him to make room for Andre Miller. The Knicks reportedly considered signing him, but the Grizzlies instead scooped him up to deal with their many injury problems.

Nine Grizzlies were ailing at one point earlier this month, and six have some sort of injury at this point, including Andersen. Marc Gasol is out for the season with a broken foot, while Brandan Wright, P.J. Hairston, Jordan Adams and Mike Conley are also sidelined, according to the CBSSports.com injury log.

Teams can’t sign any player to more than two 10-day contracts per year, but only 13 days will be left in the season when McCallum’s latest pact expires. The Grizzlies only have 14 players signed through season’s end, so they have flexibility to retain McCallum if they choose.

Grizzlies Sign Jordan Farmar To 10-Day Deal

March 21st, 2016 at 12:42pm CST by ChrisCrouse

MONDAY, 12:42pm: The 10-day signing is official, the team announced.

SUNDAY, 12:02pm: The Grizzlies will sign Jordan Farmar, Ronald Tillery of The Commercial Appeal reports (Twitter link). No contract details have been provided yet, but it will likely be a 10-day deal, as Tillery reported earlier this week.

The Grizzlies currently have 17 players on their roster. The league granted them three additional roster spots via the hardship provision, so they ostensibly have an opening after not bringing back Briante Weber at the conclusion of his 10-day deal Friday night. The 10-day pacts for Ray McCallum and Alex Stepheson will expire Monday. McCallum and Stepheson are on their first 10-day deals, respectively, so the team has the option of bringing one or both of them back on a second 10-day contract or exploring other possibilities with the two roster spots.

Memphis currently has seven players who are dealing with some sort of ailment. Farmar will be the 26th player who will play for the team this season. He last played in the NBA during the 2014/15 season, when he was a backup to Chris Paul on the Clippers. He had expressed a willingness to join an NBA team via a 10-day contract earlier this year.

Nets Ink Sean Kilpatrick To Multiyear Deal

March 19th, 2016 at 8:57am CST by Eddie Scarito

The Nets have signed Sean Kilpatrick to a multiyear deal, the team announced via press release. The exact length and terms of the pact were not announced by the team, though Adrian Wojnarowski of The Vertical on Yahoo Sports previously reported that the arrangement included a guarantee for next season. It’s unclear if that guarantee is for the player’s full salary or if it is merely a partial guarantee. Brooklyn now has 15 players on its roster, including Henry Sims, whose 10-day deal runs through next weekend.

The combo guard performed extremely well for Brooklyn during his two 10-day pacts and this multiyear deal is a fitting reward for his strong outings. Kilpatrick has appeared in nine games with the Nets, averaging 11.9 points while shooting 49.3% from the field and 47.1% from three-point range in 19.1 minutes per contest. The 26-year-old has scored in double figures six times, including each of the last four games. In 21 career NBA games split between Brooklyn, Denver and Minnesota, Kilpatrick has averaged 7.4 points and 1.2 rebounds in 15.5 minutes of action per appearance.

The signing of Kilpatrick for next season shouldn’t impact the team’s available cap space significantly, considering it is most likely a minimum salary arrangement, though that is merely my speculation. The Nets had $45,702,813 in salary committed for 2016/17 prior to inking Kilpatrick. With the salary cap set to jump to the $90MM-$95MM range, Brooklyn will still have plenty of room to chase free agents this offseason.

Suns Sign Alan Williams To Multiyear Deal

March 18th, 2016 at 6:21pm CST by Arthur Hill

The Suns have signed forward/center Alan Williams to a multiyear contract, the team announced today. Williams inked a 10-day deal with Phoenix on March 8th and saw his first action in Thursday’s game at Utah.

A Phoenix native and UC Santa Barbara product, Williams wasn’t taken in last year’s NBA draft. He went to China, where he posted averages of 20.8 points and 15.4 rebounds for Qingdao, becoming the top rebounder in the Chinese Basketball Association. He’s also the top rebounder and second-leading scorer in UC Santa Barbara history.

Williams played for the Rockets’ entry in the 2015 Summer League, earning All-NBA Summer League Second Team honors. He averaged 20.5 points and 11.8 rebounds in four games in the Las Vegas league.

Pistons Sign Lorenzo Brown To 10-Day Deal

March 18th, 2016 at 9:20am CST by Eddie Scarito

FRIDAY, 9:20am: The signing is official, the team announced via press release.

THURSDAY, 11:06am: The Pistons intend to ink Lorenzo Brown to a 10-day contract, Shams Charania of The Vertical on Yahoo Sports reports (Twitter link). Detroit has an available roster slot so no additional move would be required to bring Brown into the fold.

Brown rejoined the Pistons’ D-League affiliate after his second 10-day contract with the Suns expired and Phoenix elected not to sign him for the remainder of the season. In 25 appearances for the Drive this season Brown is averaging 18.3 points, 5.5 rebounds and 5.9 assists in 33.3 minutes per contest. His shooting line in the D-League is .503/.352/.860.

The point guard didn’t see much burn for the Suns during his time with the team, appearing in eight games and notching 2.9 points, 0.9 rebounds and 1.4 assists in 7.6 minutes of action per night. His slash line for Phoenix was .320/.125/.750.

Nets Sign Henry Sims To 10-Day Deal

March 17th, 2016 at 8:22am CST by Chuck Myron

THURSDAY, 8:22am: The signing is official, the team announced via press release.

TUESDAY, 2:11pm: The Nets plan to sign Henry Sims to a 10-day contract, reports Shams Charania of The Vertical on Yahoo Sports (Twitter link). The former Cavs and Sixers big man has been out of the NBA since the Suns cut him in the preseason, having joined the D-League affiliate of the Pistons this year. The contract will pay $57,726, with the Nets responsible for $55,722 while the league office picks up the rest for the three-year veteran.

Brooklyn already has Sean Kilpatrick on a 10-day contract, which expires at the end of Saturday, but he’s one of just 14 players on the Nets roster, so the team can make Sims its 15th man without offloading anybody. New Nets GM Sean Marks has said he wants to use 10-day contracts to discover players who can be a part of next season’s roster, and like Kilpatrick, Sims holds promise. The 25-year-old started 32 games for the Sixers last season, averaging 8.0 points and 4.9 rebounds in 19.2 minutes per contest across 73 appearances overall.

Sims put up 15.7 points and 8.9 rebounds in 30.0 minutes per game for D-League Grand Rapids this season after limited preseason court time with Phoenix. It was somewhat surprising to see him linger in free agency this summer before he signed his non-guaranteed training camp contract with the Suns in September, and while he drew attention as one of the top prospects in the D-League, it was just as perplexing to see him without an NBA job for most of the season.

Knicks Sign Tony Wroten To Mulityear Deal

March 16th, 2016 at 5:40pm CST by Chuck Myron

MARCH 16TH, 5:40 pm: The signing is official, tweets Ian Begley of ESPN.com.

MARCH 7TH, 12:10pm: The deal isn’t yet done and the Knicks are still evaluating Wroten, according to Beck (Twitter link), while Berman indicates that the sides are continuing to negotiate

11:51am: The contract is expected to cover only this season and next without a full guarantee on next year’s salary, league sources tell Begley (Twitter link). Marc Berman of the New York Post also hears the deal is only a two-season arrangement (Twitter link). Berman’s source reiterates the notion that Wroten might not appear in a game this season because of his health.

11:19am: “Minimal” guarantees exist on the salary in year two and year three, Beck also reports (Twitter link). Still, the Knicks appear to be unable to sign any outside free agent to a three-year deal until July. It’s theoretically possible, given the doubts about his ability to play this season, that the sides are planning to wait until then, but Ian Begley of ESPNNewYork.com hears the signing is expected to take place sometime this week (Twitter link).

10:57am: It’s highly unlikely Wroten appears in a game for the Knicks this season in spite of their deal, as Bleacher Report’s Howard Beck hears. Beck cites concerns about Wroten’s health, though he’s 14 months removed from his torn right ACL (Twitter link).

10:26am: The Knicks and Tony Wroten are finalizing a multiyear contract, reports Shams Charania of The Vertical on Yahoo Sports (Twitter link). Charania refers to it as a three-year deal in his tweet, but the Knicks don’t have the power to sign any outside free agent for more than this season and next, since they’re limited to the minimum salary exception, so it’s unclear where talk of the third year is coming from. In any case, the Knicks have an open roster spot, so they don’t have to let anyone go to bring in Wroten, the ex-Sixers combo guard whose 16.9 points per game in an injury-shortened 30-game stint last season were more than anyone else on his team.

It’s somewhat of a surprise to see New York go for Wroten, despite longstanding mutual interest, since Frank Isola of the New York Daily News reported last week that Tim Frazier and Ray McCallum were considered more likely options for the Knicks roster vacancy. The team reportedly had concerns about Wroten’s defense and unfamiliarity with the triangle offense. Still, the Knicks visited recently with him, as Isola also reported, and the team put him through a “workout/physical/interview,” Isola tweets this morning.

The Heat did their due diligence with a check-in on Wroten earlier this season, but the 22-year-old has nonetheless remained unsigned since the Sixers waived him on Christmas Eve. His lingering free agency raised eyebrows, since he has the pedigree of having been the 25th overall pick in 2012. He made his case that he had recovered from a January 2015 torn right ACL when he returned to game action a few weeks before Philadelphia cut him, though he wasn’t quite the same, shooting just 33.8% from the field in eight games, well beneath his 41.3% career mark.

Clippers Sign Jeff Ayres For Rest Of Season

March 16th, 2016 at 3:27pm CST by Chuck Myron

WEDNESDAY, 3:27pm: The signing is official, the team announced.

TUESDAY, 1:57pm: The Clippers will sign Jeff Ayres to a contract that covers the rest of the season, league sources tell Shams Charania of The Vertical on Yahoo Sports (Twitter link). The Grizzlies had reportedly been eyeing the veteran big man following the expiration of his second 10-day contract with the Clips, but instead L.A. and Ayres are apparently circling back to one another for the balance of 2015/16. It’ll have to be a prorated minimum-salary deal, since that’s all the Clippers can hand out.

Ayres, 28, appeared for just 14 total minutes spread over five games with the Clips on his pair of 10-day deals, which he signed January 23rd and February 2nd. L.A. later turned to rookie Alex Stepheson, who also signed two 10-day contracts with the team, the last of which ran to term last week. Memphis snapped him up the next day, furthering the idea that the Clippers and Grizzlies, who would meet in the first round of the playoffs if they started today, are trolling the same free agent waters. The teams also pulled off a deadline-day swap, exchanging Lance Stephenson and Jeff Green.

A roster spot is open for the Clippers, who won’t have to make a corresponding move to usher Ayres back onto the team. Just how much he’ll make depends on when he signs, but, as a veteran of five previous NBA seasons, he’d get $194,224 if the deal becomes official today. The Clippers would only have to pay him $167,166, with the league picking up the tab for the difference, but the Clips are above the tax threshold, so the signing would add $417,915 to their projected tax bill.

Stepheson, who’d make less money based on his lack of experience, would have been a cheaper option for the Clippers, but Ayres gives the team some veteran know-how, particularly about the Spurs, a potential playoff opponent who had Ayres on their roster for the two seasons prior to this one. He averaged 13.0 minutes per game and made 10 starts for the title-winning 2013/14 San Antonio team.

Bucks Ink Jared Cunningham To 10-Day Deal

March 16th, 2016 at 11:36am CST by Eddie Scarito

WEDNESDAY, 11:36am: The signing is official, the team announced.

TUESDAY, 6:33pm: The Bucks are close to signing Jared Cunningham to a 10-day deal, Marc Stein of ESPN.com reports (via Twitter). Milwaukee currently has the league maximum of 15 players on its roster, which likely means that the team has applied for an extra slot via the hardship provision, though that is merely my speculation. Otherwise, the Bucks would be forced to waive a player prior to inking Cunningham.

In order for a team to be granted an extra roster spot, it must have three players who have missed at least three straight games because of injury or illness, plus a fourth player who is also unable to perform. The Bucks certainly meet that criteria, with O.J. Mayo, Steve Novak and Michael Carter-Williams all lost for the season and Greivis Vasquez expected to be out of action until at least the end of March.

Cunningham, 24, recently rejoined the Idaho Stampede in the NBA D-League as a returning player after the Magic waived him. Orlando had acquired him via the swap that sent Channing Frye to the Cavaliers at the trade deadline. The shooting guard appeared in 40 games for the Cavaliers, including three starts, but he didn’t see action for the Magic. His numbers on the season are 2.6 points, 0.7 rebounds and 0.5 assists in 8.9 minutes per contest. His slash line is .352/.313/.625.