Transactions Rumors | Hoops Rumors

Lakers Sign Vander Blue

April 13th, 2015 at 7:58pm CST by Chuck Myron

7:58pm: The Lakers have made the signing of Blue official, according to the team’s website. There was no mention of a corresponding move, so evidently the Lakers have used the hardship provision again, as the team’s roster is once more at 16 players.

1:01pm: The Lakers have plans to sign Vander Blue for the rest of the season, a league source tells Adrian Wojnarowski of Yahoo! Sports. The team was reportedly about to re-sign Dwight Buycks instead, but he broke his right hand on Sunday, the final day of his 10-day contract. It’s not immediately clear whether the deal is just for the team’s final two games this season or if it covers next season, too, though the injury-riddled Lakers presumably wouldn’t have to waive anyone if they signed Blue only for the balance of 2014/15. The team has 15 players on the roster already, but the Lakers are in position for the league to grant a hardship exception, which would allow a 16th player as long as he’s on only a rest-of-season deal.

The 10-day deal with Buycks came via hardship, and the Lakers previously used hardship exceptions to sign Jabari Brown to a pair of 10-day deals before waiving Steve Nash to accommodate a longer-term arrangement with Brown. Jordan Clarkson and Brown are the only two healthy Lakers guards, so Blue, a 6’5″ shooting guard, will provide much-needed depth. The team only has eight total healthy players, and none of them are small forwards, so it wouldn’t be surprising to see Blue get some time at the three position.

Blue has been averaging 23.3 points, 5.4 rebounds and 5.4 assists in 37.3 minutes per game for the Lakers D-League affiliate this season, nailing 41.6% of his three-point attempts during his 49 appearances. All of those numbers are improvements over his D-League stats from last season. Blue is a one-year NBA veteran thanks to a single 10-day contract he signed with the Celtics in January 2014, and he scored five points in 15 minutes of action during three games with Boston. The 22-year-old also signed a non-guaranteed deal with the Wizards before this season, but Washington waived him in early October, well before opening night.

The Lakers are limited to the minimum-salary exception, so even if they are signing him for more than just this season and waiving another player to make that happen, Blue’s contract couldn’t stretch beyond next season.

Nuggets Sign Jamaal Franklin

April 12th, 2015 at 3:16pm CST by Chuck Myron

SUNDAY, 3:16pm: The signing is official, according to the team’s website.

FRIDAY, 12:17pm: The Nuggets plan to sign former Grizzlies shooting guard Jamaal Franklin, reports Shams Charania of RealGM (Twitter link). Presumably, Denver will slide Franklin into the roster spot that they filled with Shavlik Randolph earlier this week, since they’re reportedly poised to waive Randolph. The 23-year-old Franklin has been playing for the D-League affiliate of the Lakers.

Adrian Wojnarowski of Yahoo! Sports wrote a month ago that Franklin was likely to sign with some NBA team in the near future. He’s not far removed from having been the 41st overall pick in the 2013 draft, and while he saw just 7.7 minutes per game in 21 appearances for the Grizzlies last season, it’s not at all surprising to see him resurface in the NBA. He displayed an all-around game in 21 D-League contests this season, averaging 19.2 points, 8.9 rebounds and 6.5 assists in 34.1 minutes per game, numbers that were significant improvements on his D-League performance while on assignment from Memphis last season.

The Grizzlies waived Franklin at the end of August so they could use the stretch provision to spread his guaranteed salary for this season over a five-year period. The resulting payment this year, which came to less than $200K, left the Brian Elfus client with plenty of financial incentive to seek a lucrative deal wherever he could find one, and he signed with China’s Zhejiang Guangsha Lions in early October after workouts with the Spurs and Wizards. He averaged 28.5 PPG, 6.2 RPG and 4.6 APG in 33.8 MPG in 26 Chinese Basketball Association games before returning stateside.

Charania indicates that it’s a rest-of-season deal, but I wouldn’t be surprised if the Nuggets include an extra year in the arrangement to give themselves a greater degree of control, perhaps with a partial guarantee or guarantee dates built in, though that’s just my speculation. Even if his deal covers only the final days of this season, the Nuggets would be able to dictate his next NBA destination, since he’d be eligible for restricted free agency.

Kings Ink David Stockton To Multiyear Deal

April 12th, 2015 at 12:15pm CST by Eddie Scarito

SUNDAY, 12:15pm: The signing is official, the team announced. Stockton’s salary is not guaranteed for next season, reports Bill Herenda of CSNBayArea.com.

SATURDAY, 8:03am: The Kings are planning to sign guard David Stockton to a multiyear deal prior to the season ending, Marc Stein of ESPN.com reports. With Sacramento’s roster count sitting at the league maximum of 15 players, the Kings will need to clear a spot prior to Stockton putting pen to paper on his new pact. The likeliest candidate to go would be big man Sim Bhullar, whose 10-day pact ends today, Stein notes. Sacramento’s next scheduled contest is Sunday against the Nuggets.

Stockton, the son of NBA legend John Stockton, went undrafted last year after four seasons at Gonzaga. The younger Stockton was in training camp with the Wizards but didn’t make it onto Washington’s regular season roster. Sacramento had a chance to sample the 23-year-old’s wares back in February when the team inked him to a lone 10-day pact, but Stockton only appeared in one contest while on that deal, scoring one point in seven minutes of action. The player spent the balance of this season in the D-League with the Reno Bighorns, Sacramento’s affiliate. In 43 D-League appearances he averaged a stellar 20.1 points, 4.2 rebounds, and 9.9 assists.

When Bhullar signed his 10-day deal with the Kings he made history as the first NBA player of Indian descent. The big man saw little action during his time in Sacramento, only appearing in 3 contests. Bhullar averaged 0.7 points and 0.3 rebounds in 1.0 minute per game.

Clippers Sign Lester Hudson To Multiyear Deal

April 11th, 2015 at 6:32pm CST by Dana Gauruder

6:32pm: Hudson’s contract includes a partial guarantee for next season, according to Ben Bolch of Los Angeles Times (Twitter link).

5:41pm: The signing, which is a multi-year arrangement, is official, according to the team’s website. Arash Markazi of ESPNLosAngeles (Twitter link) reports the contract contains a team option for next season. Next season’s salary is most likely non-guaranteed, since true team options are rare.

5:13pm: The Clippers will sign Lester Hudson on Saturday for the rest of the season, Dan Woike of the Orange County Register tweets. Hudson will fill the team’s open roster spot through the postseason since 10-day contracts are no longer allowed. By signing Hudson, the Clippers have apparently decided not to re-sign Nate Robinson.

The Clippers wanted to re-sign Robinson but the bone bruise in his left knee hasn’t fully healed and they didn’t want to wait any longer, according to a tweet from Arash Markazi of ESPN.com. Concerns over Robinson’s injury kept the Clippers from re-signing him after his two 10-day contracts expired last month. The team signed Hudson while Robinson was injured and Hudson’s 10-day deal was set to expire after Tuesday. Hudson is averaging 2.3 points and 2.0 rebounds in 11.3 minutes in three games since joining the club.

Hudson had been out of the NBA since 2012 before he inked his 10-day contract. Robinson averaged 5.1 points, 2.2 assists and 0.9 turnovers in 14.0 minutes per game during his nine contests with the Clips. Both played for Rivers when he was the coach of the Celtics.

Nuggets Claim Shavlik Randolph

April 8th, 2015 at 11:59pm CST by Eddie Scarito

11:59pm: The team still hasn’t made an official announcement, but the move indeed took place, according to the RealGM transactions log.

3:54pm: The Nuggets have claimed forward Shavlik Randolph off of waivers, Shams Charania of RealGM reports (Twitter link). The 31-year-old was waived by the Celtics to accommodate the signing of Chris Babb to a multiyear deal. The addition of Randolph will increase Denver’s roster count to the league maximum of 15 players. No official announcement has been made by the team as of yet regarding the waiver claim.

The logic of why Denver would claim Randolph was posited earlier today by Marc Stein of ESPN.com. The Nuggets are close to $1.864MM shy of the salary floor, but claiming Randolph and his $1,227,985 salary will count toward that salary floor, lessening the amount of shortfall the franchise would need to distribute amongst its players. Denver will only be responsible to pay out the last prorated portion of salary that Randolph was due to receive this season. This could mean a savings of roughly $1MM for the organization, certainly worth claiming Randolph and carrying him on the roster for the remaining five contests.

Randolph has appeared in a total of 21 games this season for the Suns and Celtics. His career averages through 146 appearances are 2.3 points, 2.5 rebounds, and 0.2 assists. Randolph’s career slash line is .449/.167/.544.

Knicks Sign Ricky Ledo For Season

April 8th, 2015 at 10:09am CST by Chuck Myron

The Knicks have signed Ricky Ledo for the remainder of the season, the team announced (Twitter link). Ledo’s second 10-day contract with the team expired overnight. It’s not immediately clear if the pact carries into next season, but either way, New York has control over the point guard’s NBA destination for 2015/16. A deal that covers only the rest of this season would allow the Knicks to make him a restricted free agent with a qualifying offer of $1,147,276.

The 22-year-old shooting guard has played a more prominent role in his brief time with the lottery-bound Knicks than he did with the playoff-contending Mavericks during his season and a half with them. Ledo is averaging 9.5 points and 3.4 rebounds in 21.1 minutes per night across eight games with New York. He’s made nine of 21 total attempts from behind the three-point line.

Ledo gives the Knicks a full roster of 15 players signed through at least the end of the season. He’s the fourth Knick to have wound up with a deal that covers the balance of 2014/15 after having initially joined New York on a 10-day contract this year, as our 10-Day Contract Tracker shows.

Timberwolves Sign Arinze Onuaku

April 7th, 2015 at 5:10pm CST by Chuck Myron

5:10pm: Minnesota has been granted a hardship exception by the league and has officially inked Onuaku, the team announced.

1:34pm: The Timberwolves are bringing in Arinze Onuaku to help their injury-depleted roster, tweets Jon Krawczynski of The Associated Press. Minnesota already has 15 players on contracts that run until at least the end of the season, but with Ricky Rubio, Nikola Pekovic and Shabazz Muhammad out for the season and four other injured players, it seems as though the team is a candidate for a 16th roster spot via hardship exception. Minnesota added Jeff Adrien and Sean Kilpatrick earlier this season using that mechanism. In any case, a deal for Onuaku would have to cover the balance of 2014/15 and couldn’t be a 10-day contract, since there are fewer than 10 days left in the regular season.

Onuaku has spent this season with the D-League affiliate of the Cavs after the Pacers had him on their NBA roster for the preseason. The 27-year-old power forward was briefly with Cleveland and New Orleans during the regular season in 2013/14, and those teams gave him his first official NBA action, though he appeared in only five games for both the Cavs and Pelicans put together. Onuaku went undrafted out of Syracuse in 2010, but at 6’9″, he’s looked strong on the boards for the D-League Canton Charge this year, racking up 12.2 rebounds in 34.6 minutes per game across 41 appearances. He’s also averaged 17.5 points on 11.5 shots per game.

Kevin Garnett, Anthony Bennett, Gorgui Dieng and Gary Neal are also injured for Minnesota, leaving the team with only Justin Hamilton, Adreian Payne and Robbie Hummel as inside players. So, Onuaku would help in that regard, and he’d also keep the team from scrambling to find a player to meet the minimum of eight healthy guys for the start of a game. The Wolves were down to seven healthy players when they signed Kilpatrick to be their eighth last month for a game against the Knicks, choosing him in part because he was a only short distance away.

Bucks Sign Jorge Gutierrez To Multiyear Deal

April 7th, 2015 at 5:07pm CST by Eddie Scarito

The Bucks have signed Jorge Gutierrez to a multiyear contract, as Josh Weir of The Repository reports (Twitter link) and as the team confirms in a press release. The signing will increase Milwaukee’s roster count to the league maximum of 15 players. It’s unclear if the deal contains any guaranteed salary for 2015/16, though it’s likely a minimum salary arrangement with little or no guaranteed funds.

Gutierrez had inked two 10-day deals with the Bucks earlier this season, appearing in seven games and averaging 3.6 points, 2.1 rebounds and 1.6 assists. He signed his initial 10-day contact on January 28th and a second 10-day pact on February 7th. In 10 NBA appearances for Brooklyn, where he began the season, Gutierrez averaged 1.6 points in 4.4 minutes per game.

The guard also played 15 games this season for the Canton Charge, the Cavs’ D-League affiliate, and averaged 13.5 points, 5.1 assists, 4.4 rebounds and 1.7 steals in 29.8 minutes per contest. Gutierrez opted to enter the D-League after being waived by the Sixers earlier in the season. This was shortly after Philadelphia had acquired him from the Nets in the deal for Andrei Kirilenko.

Celtics Sign Chris Babb, Waive Shavlik Randolph

April 6th, 2015 at 4:36pm CST by Chuck Myron

The Celtics have signed Chris Babb to a multiyear contract and waived Shavlik Randolph, the team announced. Boston is immediately assigning Babb to the D-League, the statement adds. The C’s were carrying 15 players, so that’s why they needed to let someone go to bring Babb onto their roster. He’s been playing on a D-League contract with Boston’s affiliate, but even though he’ll continue to play for the Maine Red Claws, the Celtics have secured his NBA rights going into next season.

Randolph was set for unrestricted free agency this summer, so the move allows the C’s control over one extra player. Boston had given Randolph only 25 minutes total across five appearances since acquiring him in January as part of the Austin Rivers trade. It’s no surprise to see Randolph as the Celtic to go, since there were hints that he would have been the player released if the team had signed JaVale McGee, as the C’s were close to doing. Boston scheduled a meeting with Randolph when the McGee deal was close and canceled when it became clear a McGee signing wouldn’t take place, as Steve Bulpett of the Boston Herald reported last month.

Babb is a familiar face to the Celtics, who’ve had him on the NBA roster on multiple occasions the past two seasons. The shooting guard was with the C’s for training camp in 2013, and he saw brief regular season action last season after the C’s signed him to pair of 10-day contracts followed by a three-year deal. That three-year deal didn’t involve any guaranteed salary for the final two seasons, and Boston waived him just before training camp began this past fall. It’s possible that Babb once more has a contract for three or even four years, since the Celtics have a portion of their mid-level exception available, notes Eric Pincus of Basketball Insiders (Twitter link).

The 25-year-old Babb, who went undrafted out of Iowa State in 2013, has played 78 games for Boston’s D-League affiliate over the past two years, and he upped his offensive output from 12.0 points per game last season to 15.4 PPG this year, thanks in part to improved shooting. He’s lifted his shooting percentage from 38.1% to 43.2%, and he’s nailed 37.5% of his three-point attempts this year.

Wizards Sign Will Bynum For Rest Of Season

April 6th, 2015 at 2:13pm CST by Will Joseph

MONDAY, 2:13pm: The deal is official, the Wizards announced via press release.

SUNDAY, 8:34pm: The Wizards will retain Will Bynum, who signed a 10-day deal with the team on March 27th, for the rest of the season and playoffs, J. Michael of CSNWashington.com reports. Michael cited sources with knowledge of the situation.

Bynum is still battling a left hamstring strain, as Michael notes, but he provides the Wizards a serviceable option in a backcourt that relies heavily on John Wall and Ramon Sessions. Bynum has appeared for a total of eight minutes in three games since landing the prior deal. The seven-year veteran hasn’t scored and has taken only two shots. Bynum developed the hamstring injury while playing overseas, but Michael writes that he is “rounding into form physically and should be ready for the postseason.”

In December, Bynum, 32, signed with China’s Guangdong Southern Tigers. It was a guaranteed arrangement reportedly worth more than a $1MM. That deal came following his release from the Celtics before the season. Bynum carved a name for himself in the league while spending six seasons with the Pistons.