Transactions Rumors | Hoops Rumors

Hawks Waive Jason Richardson

September 28th, 2015 at 8:59am CST by Chuck Myron

The Hawks have waived the retiring Jason Richardson, reports Eric Pincus of Basketball Insiders (Twitter link). The move took place Friday, according to Pincus, though the team made no formal announcement. Atlanta signed the 34-year-old swingman last month, so even though he walked away before the start of training camp, the release still had to take place. He was on a one-year contract for the minimum salary without any guaranteed money, so the Hawks aren’t on the hook for any money.

Richardson said in December that “retirement is three or four years away from now,” but knee trouble and an aversion to making simply a token appearance on a roster evidently led to a change of heart. The fifth overall pick in the 2001 draft was much more than roster filler for much of his career, but that wasn’t the case for the majority of his tenure with the Sixers, who acquired him in 2012 as part of the Dwight Howard trade. He made his return to the court last season after missing more than two years because of injuries and appeared in 19 games, averaging career lows in points and minutes per game as well as field goal percentage.

It was in stark contrast to the high-flying scoring force he was for much of his career. Richardson topped 20 points per game three times, including his best scoring average of 23.2 PPG in 2005/06 with the Warriors, his original team. He went on to play with the Bobcats, Suns and Magic before finishing up in Philadelphia. Thanks to the more than $6.6MM he made this past season, the Jim Tanner client topped $100MM in career earnings across his 14 seasons in the league, totaling about $105.356MM, according to Basketball-Reference. His Hawks salary would have been the lowest of his career.

What stands out to you about Richardson’s career? Leave a comment to share your thoughts.

Raptors Sign Anthony Bennett

September 28th, 2015 at 8:16am CST by Chuck Myron

MONDAY, 8:16am: The signing is official, the team announced (Twitter link).

SUNDAY, 1:03pm: Bennett has taken a physical and put pen to paper with the Raptors, tweets Shams Charania of Yahoo Sports. Toronto has yet to make an official announcement.

4:29pm: Barring a snag, Toronto is expected to sign him to a one-year deal, tweets Marc Stein of ESPN.com.

FRIDAYm 4:05pm: The Raptors will sign Anthony Bennett, reports Jeff Goodman of ESPN.com (Twitter link). The former No. 1 overall pick just cleared waivers, according to Adrian Wojnarowski of Yahoo Sports (on Twitter). The Blazers, Sixers, Cavaliers and Jazz, the four teams with the flexibility to claim Bennett off waivers, all passed on doing so, though only Portland and Philadelphia reportedly joined Toronto with interest in the combo forward. Minnesota is on the hook for $3.65MM to Bennett this season via the terms of his buyout deal with the team, and the Raptors will pay him the minimum salary of $947,276, since that’s all they can give outside free agents after using up their cap space and other exceptions.

Bennett’s deal represents a homecoming for the Toronto native, though the Blazers had appeared to have the edge. Portland assistant coaches Jay Triano and David Vanterpool double as coaches for the Canadian national team, and Bennett looked strong playing for that squad this summer. Bennett put up 15.6 points in about 26 minutes per contest in the Pan-American Games, though his numbers went down to 7.6 PPG in nearly 17 MPG during the FIBA Americas Championship.

Toronto has been carrying 14 fully guaranteed contracts plus four partially guaranteed deals, as our roster count shows. The level of guarantee on Bennett’s pact isn’t immediately clear, though his addition would seemingly make it that much more difficult for Michale Kyser, Ronald Roberts Jr., Shannon Scott and Axel Toupane, the quartet with partially guaranteed deals, to stick for opening night.

The Raptors are seemingly poised to start DeMarre Carroll as a small-ball power forward, with Patrick Patterson and Luis Scola behind him. James Johnson, another combo forward, also figures to pose a challenge to Bennett as he seeks playing time.

Do you think the Raptors are the right team for Bennett? Leave a comment to share your thoughts.

Nuggets Waive Kostas Papanikolaou

September 28th, 2015 at 7:52am CST by Dana Gauruder

SEPTEMBER 28TH, 7:52am: The move indeed took place Friday, according to the RealGM transactions log, though the team still hasn’t made an official announcement.

SEPTEMBER 25TH, 4:12pm: The Nuggets have waived Papanikolaou, Marc Stein of ESPN.com reports (Twitter link).

AUGUST 3RD, 8:01am: Papanikolaou’s camp is unaware of any pending waiver, according to Nikos Varlas of Eurohoops.net. Denver’s plan is to keep him until the Eurobasket tournament begins in December, and evaluate him then, sources tell Varlas. Nuggets GM Tim Connelly and assistant GM Arturas Karnisovas are set to head to Europe to scout Papanikolaou and others.

AUGUST 2ND, 3:03pm: Papanikolaou is not being waived by the Nuggets at this time, Chris Dempsey of The Denver Post tweets.

AUGUST 1ST, 2:30pm: The Nuggets will waive Kostas Papanikolaou, a source told David Pick of Eurobasket.com (Twitter link). His $4,797,664 deal was non-guaranteed.

Papanikolaou played for the Rockets last season and was traded to Denver as part of the Ty Lawson swap last month. Pablo Prigioni, Joey Dorsey, Nick Johnson and a protected 2016 first-round pick were also forwarded to the Nuggets in the deal. Houston exercised its option on Papanikolaou in June and his salary would have been guaranteed if he remained on Denver’s roster past October 4th.

With plenty of other forward options, the Nuggets had no intention of keeping Papanikolaou and wanted his non-guaranteed contract in order to shed salary.

The 6’9” forward was a regular part of the Rockets’ rotation during the first half of the 2014/15 season, but the acquisition of Josh Smith cut into the 24-year-old’s minutes and he also battled an ankle injury. He averaged 6.1 points and 3.9 rebounds in 24.6 minutes per game before Smith joined the team and 2.3 PPG, 1.5 RPG and just 12.1 MPG in 21 appearances afterward.

Sixers Waive Gerald Wallace

September 27th, 2015 at 1:11pm CST by Eddie Scarito

SUNDAY, 2:11pm: The Sixers made the move official in an emailed press release.

SATURDAY, 4:14pm: The Sixers have waived forward Gerald Wallace, Marc Stein of ESPN.com reports (on Twitter). MassLive’s Jay King first reported the move was coming (Twitter link). Philadelphia will still be on the hook for Wallace’s fully guaranteed salary of $10,105,855 for the 2015/16 season, which is the final year of the veteran’s current contract. The team could possibly recoup some of that amount via set-off rights if Wallace were to sign with another team.

The move is not an unexpected one for Philadelphia, as Wallace likely didn’t fit it into its long-term plans. The 33-year-old was acquired from Golden State at the end of July in the deal that sent Jason Thompson to the Warriors. Waiving a player is also a necessary move for the Sixers, who have contract agreements with 21 players, which is one over the preseason maximum.

Wallace appeared in 32 games for Boston last season, averaging 1.1 points, 1.8 rebounds, and 0.3 assists in 8.9 minutes per contest. He was the No. 25 overall pick in the 2001 NBA Draft, and his career averages are 11.9 PPG, 5.8 RPG, and 2.1 APG to accompany a shooting line of .469/.312/.709.

Clippers Sign Nikoloz Tskitishvili For Camp

September 25th, 2015 at 7:50pm CST by Chuck Myron

SEPTEMBER 25TH, 7:50pm: The Clippers have officially announced the signing.

SEPTEMBER 14TH, 10:50am: The RealGM transactions log confirms the signing took place, but the Clippers still haven’t made an official announcement.

SEPTEMBER 10TH, 1:06pm: The Clippers have signed 2002 No. 5 overall pick Nikoloz Tskitishvili to a non-guaranteed deal that covers one season, reports international journalist David Pick (Twitter link). The team has yet to make a formal announcement. It’ll be for the minimum salary, since that’s all the Clippers have to offer. The deal nonetheless represents a comeback for a player considered one of the all-time draft busts. Tskitishvili, 32, has been eyeing another go at the NBA of late, having been out of the league since 2006, as Christopher Dempsey of The Denver Post recently chronicled.

The 7-footer averaged just 2.9 points and 1.7 rebounds in 7.2 minutes per game during his four-year NBA career, spent mostly with the Nuggets, who made that fateful draft pick, passing over Amar’e Stoudemire, among others. He also played for the Warriors, Timberwolves and Suns, passing briefly through the hands of the Trail Blazers before a camp deal with the Knicks in the fall of 2006 that was his last NBA contract.

Tskitishvili spent the past season with Champville of Lebanon, racking up 21.0 points and 11.6 rebounds in 37.6 minutes per game, as Pick notes (on Twitter). He told Dempsey that he hoped that the Nuggets would give him the chance to come back to the NBA and erase the memories of his earlier flameout in Denver, but instead it’s the Clippers who will give him an opportunity.

“You can blame me or you can find some reasons to blame,” Tskitishvili said to Dempsey. “When they draft you as a No. 5 pick, really I shouldn’t have taken it, and stayed in Europe a couple more years. But you can’t say no to the No. 5 pick. You might never come to the NBA. I was afraid for the future. This was my opportunity to be in the NBA. This was guaranteed. I had to take it. If I played overseas for a couple years or three years [though], I would be much better.”

The Clippers have 14 fully guaranteed contracts plus a non-guaranteed deal with Chuck Hayes, and they’re also reportedly bringing undrafted center Yanick Moreira to camp. So, Tskitishvili has at least a somewhat reasonable chance to make the opening night roster nearly a decade after his last regular season game.

Do you think Tskitishvili will finally make an impact in the NBA, or will his comeback be short-lived? Comment to tell us.

Clippers Sign Luc Mbah a Moute

September 25th, 2015 at 7:48pm CST by Eddie Scarito

FRIDAY, 7:48pm: The signing is official, the team announced.

THURSDAY, 6:16pm: The Clippers have reached an agreement with unrestricted free agent forward Luc Mbah a Moute, Dan Woike of The Orange County Register reports (Twitter link). The terms of the arrangement are not yet known, though Woike refers to it as a training camp deal, which likely means that it includes little or no guaranteed money. The addition of Mbah a Moute will give Los Angeles a roster count of 17 players.

Mbah a Moute had previously signed a deal with the Kings, but that agreement was voided after the forward failed his physical. The National Basketball Players Association was reportedly going to file a grievance against the Kings questioning how valid it was for the franchise to void the deal. Mbah a Moute’s representatives at Wasserman Media Group and NBPA officials, using independent medical examinations that say Mbah a Moute was cleared to play, and disputed the legitimacy of the Kings’ procedure and conclusion, according to the report by Adrian Wojnarowski of Yahoo Sports.

The forward made 67 appearances for the Sixers last season, including 61 as a starter. He averaged 9.9 points, 4.9 rebounds, and 1.0 assist to go along with a slash line of .395/.307/.589. His career numbers through seven NBA seasons, which include stints with the Kings and Bucks, are 6.8 PPG, 4.9 RPG, and 1.0 APG.

Blazers Sign Omari Johnson

September 25th, 2015 at 7:42pm CST by Eddie Scarito

The Trail Blazers released their official training camp roster, and it indicates that Portland has signed forward Omari Johnson, whose name appears on the team’s official rundown of players. No details regarding his contract have been reported, though it is likely a minimum salary arrangement that includes little or no guaranteed salary, but that is merely my speculation.

Johnson, 25, went undrafted out of Oregon State back in 2011 after averaging 7.2 points and 6.2 rebounds as a senior. His career NCAA numbers were 6.4 PPG, 4.0 RPG, and 0.7 assists to accompany a slash line of .418/.293/.600. The 6’9″ forward spent the 2014/15 campaign playing for the Celtics’ D-League affiliate in Maine where he made 49 appearances, and notched averages of 15.6 PPG, 6.7 RPG, and 1.3 APG in 26.2 minutes per night.

The addition of Johnson increases Portland’s preseason roster count to 18 players, including 13 possessing fully guaranteed salaries.

Rockets To Sign Jeremy Tyler

September 25th, 2015 at 6:36pm CST by Eddie Scarito

The Rockets have agreed to a deal with unrestricted free agent power forward Jeremy Tyler, Adrian Wojnarowski of Yahoo Sports reports (Twitter link). The length and terms of the pact are unknown, though Wojnarowski does refer to it as a training camp deal, meaning it likely is for the minimum salary and includes little or no guaranteed money. The addition of Tyler gives Houston a roster count of 19 players, including 14 with fully guaranteed deals.

The 24-year-old’s last NBA regular season action came during the 2013/14 campaign when he played in 41 contests for the Knicks, averaging 3.6 points, 2.7 rebounds, and 0.5 blocks in 9.7 minutes per outing. The Lakers signed him for the preseason last fall, waiving him shortly before opening night. His career numbers through 104 regular season games are 3.6 PPG, 2.6 RPG, and 0.4 BPG to accompany a slash line of .450/.000/.557. Tyler was the No. 39 overall pick back in 2011.

Tyler played for the Mavericks’ entry in the Las Vegas Summer League this year, notching averages of 11.8 PPG, 8.3 RPG, and 1.8 SPG in six contests. He reportedly worked out for the Lakers back in August, but no deal was struck.

Grizzlies Sign Dan Nwaelele, Waive Christopher

September 25th, 2015 at 5:58pm CST by Chuck Myron

FRIDAY, 5:58pm: The Nwaelele signing has taken place, and the Grizzlies have indeed waived Christopher, according to the RealGM transactions log. The team has yet to make any official announcement regarding either move.

THURSDAY, 8:47am: The Grizzlies will bring shooting guard Dan Nwaelele to training camp, reports Marc Stein of ESPN.com (Twitter link). Agent Dave Gasman confirms the deal via Twitter. The 31-year-old Nwaelele, who went undrafted out of the Air Force Academy in 2007, will replace Patrick Christopher, who won’t be with the team, according to Stein, despite having signed earlier this month. Memphis also reportedly struck a non-guaranteed deal Wednesday with Ryan Hollins, so the Grizzlies have signed contracts or verbal agreements with 19 players, not including Christopher. Fourteen of them have fully guaranteed deals.

Nwaelele has yet to appear on an NBA regular season roster, but he was with the Spurs for camp in 2013. He spent his first five post-college years serving an Air Force commitment, and he made the D-League affiliate of the Warriors at an open tryout in 2012. He returned to the Warriors D-League team after his preseason stint with the Spurs, and in 2013/14, he averaged 12.4 points and 4.4 rebounds in 31.1 minutes per game, with strong 41.6% three-point shooting.

Christopher was on a non-guaranteed minimum-salary contract, so Memphis isn’t eating any money as it lets him go. The swingman made his official NBA debut with the Jazz last season, but he has a history with the Grizzlies, who had him for the preseason last year but waived him prior to opening night.

Warriors Officially Add Four For Camp

September 25th, 2015 at 5:20pm CST by Eddie Scarito

The Warriors have officially signed free agent guards Ian Clark and Juwan Staten along with free agent forwards Tony Mitchell and Jarell Eddie, the team announced via a press release. Clark and Eddie will receive approximately half of their salaries if they make the Warriors’ opening night roster, Eric Pincus of Basketball Insiders noted. Clark would receive $474K on the contract he signed, while Eddie would make $423K. The length and terms of the pacts for Staten and Mitchell have not yet been relayed. Golden State has a roster count of 19 players, including 13 possessing full guarantees.

Clark, 24, had hoped the Nuggets would re-sign him after his summer league performance, in which he averaged 13.4 points per game and made 12 of 24 total three-point attempts, but Denver renounced its rights to him to clear cap room. The guard’s career NBA averages through 53 contests are 2.4 points, 0.7 rebounds, and 0.5 assists to accompany a slash line of .369/.344/.875.

Staten, 23, was the 81st-best draft prospect this year in Chad Ford’s ESPN Insider rankings, while Jonathan Givony of DraftExpress had him at No. 98 about a week before the draft. His playing time shrunk this past season as a senior compared to his junior year, when he averaged six more minutes per game. The 5’11” Ohio native put up 14.2 points, 4.6 assists and 2.0 turnovers in 31.3 minutes per contest for the Mountaineers this year.

Mitchell has yet to make his mark at the NBA level. In 2013/14, the forward saw just 3.8 minutes per game for the Pistons with averages of 1.0 PPG and 1.2 RPG. This past season, Mitchell did not see a single second of NBA action as Pistons coach/exec Stan Van Gundy kept him in the D-League for seasoning to start the year. A late December trade sent Mitchell to the Suns, but he dropped from the roster early on in the New Year. In February, Mitchell signed on with a Puerto Rican club when there was apparently little or no NBA interest.

Eddie, who turns 24 in October, made his mark as a three-point shooter while in the D-League for most of last season, nailing 127 of his 281 in-game attempts, a sizzling 45.2%, for the affiliate of the Spurs. He averaged 12.9 points in 26.2 minutes per game, but nonetheless made only 18 starts in 44 appearances for that team and didn’t receive a call-up to San Antonio. The Spurs and the Pacers both had him on their summer league squads last month, and he continued his sharpshooting, connecting on 46.3% of his 67 shots from behind the arc.