Transactions Rumors | Hoops Rumors

Knicks Sign Lou Amundson For Rest Of Season

January 30th, 2015 at 12:10pm CST by Chuck Myron

FRIDAY, 12:10pm: The signing is official, the team announced (on Twitter).

THURSDAY, 10:18am: The Knicks will re-sign Lou Amundson to a deal that covers the rest of the season, a league source tells Shams Charania of RealGM (Twitter link). His second 10-day contract with New York expires at night’s end. It’s not clear whether his new pact will have an additional season tacked on, but it’ll be for the minimum salary, since that’s all the Knicks can hand out. He’ll join Lance Thomas, whom the Knicks are also reportedly set to re-sign for the season, and Langston Galloway, who signed a two-year deal Tuesday with the Knicks, to give the Knicks a full 15-man roster.

Amundson came off the bench in his Knicks debut, but he has since made five straight starts, and the Knicks have gone 4-1 in those games. New York was just 5-36 before Amundson entered the starting lineup, and on Wednesday coach Derek Fisher publicly implored the front office to re-sign the big man. The ninth-year veteran has scored only 4.7 points in 23.2 minutes per game in New York, but he’s averaging 6.5 boards per night. He, like Thomas, came to the Knicks in a three-team trade earlier this month, and the Knicks signed both to consecutive 10-day contracts after waiving them shortly after the swap to buy some time before guaranteeing their minimum salaries for the rest of the season.

The 32-year-old Amundson, a Mark Bartelstein client, has signed 10-day contracts with four different teams throughout his career, as our 10-Day Contract Tracker shows. Only once before did he parlay a 10-day contract into a deal for the rest of the season, having done so with the Sixers in his rookie season.

Kings Sign Quincy Miller To Second 10-Day Deal

January 30th, 2015 at 10:32am CST by Zachary Links

10:32am: The Kings have followed up with a formal public announcement of the deal.

JANUARY 30TH, 9:53am: The team announced that the deal is official, according to Jason Jones of The Sacramento Bee (Twitter link). However, the Kings have yet to make any public announcement, as teams almost always do with 10-day contracts.

JANUARY 25TH: The Kings will sign forward Quincy Miller to a second 10-day contract, according to Marc J. Spears of Yahoo Sports (on Twitter). Miller has appeared in two games since signing with the Kings earlier this month.

Prior to joining the Kings on January 17th, the 22-year-old was with Reno Bighorns, Sacramento’s D-League affiliate. The 6’10”, 220-pound big man had proven himself as one of the best scorers in the D-League with 26.3 PPG to go with 7.6 RPG and 1.8 APG. He was shooting 52.2% from the field, and a solid 35.6% from three-point range.

Miller has appeared in two games with the Kings and he made his presence felt in his last appearance, scoring 13 points against the Warriors on Friday night. For his career, Miller has averaged 4.6 PPG and 2.6 RPG across parts of three seasons.

Heat Sign Tyler Johnson To Second 10-Day Deal

January 29th, 2015 at 10:42am CST by Chuck Myron

THURSDAY, 10:42am: The deal is official, the team announced.

WEDNESDAY, 12:44pm: The Heat are signing Tyler Johnson to a second 10-day contract, reports Shams Charania of RealGM. The guard’s first 10-day deal with the Heat expired a week ago, but a source told Hoops Rumors then that while the club wouldn’t re-sign him for the time being, another deal was a possibility as soon as one week later. Johnson will move back into the open roster spot vacated when his initial 10-day run expired.

Miami had Johnson on its summer league squad after he went undrafted out of Fresno State this summer, and he impressed enough to merit a contract partially guaranteed for $75K so he could join the team for the preseason. He failed to make the opening night roster, but Miami retained his D-League rights, and Johnson averaged 18.5 points in 34.5 minutes per game with 42.6% three-point shooting for the Heat’s affiliate. The 22-year-old had a stint of less than two minutes in one game for the Heat’s big club on his first 10-day contract.

The Heat won’t be able to sign the Pedro Power client to any more 10-day deals once this one expires, so any subsequent contract between the sides this season would have to cover the rest of the season. The other 14 players on Miami’s roster already have contracts for at least the rest of the season, and the Heat’s desire to maintain flexibility in case of a trade factored into their decision to wait on a new 10-day deal for Johnson.

Bucks Sign Kenyon Martin For Rest Of Season

January 29th, 2015 at 10:29am CST by Chuck Myron

JANUARY 29TH: The deal is official, the team announced.

JANUARY 28TH, 7:35pm: A source with the Bucks has confirmed that the team will sign Martin for the remainder of the season, Gardner reports (Twitter link).

10:12pm: Martin will be signed to a deal that covers the remainder of the season by the end of the week, Marc Stein of ESPN.com reports (Twitter link).

JANUARY 27TH,1:23pm: Neither Martin nor Kidd acknowledged today that there’s any agreement in place for the rest of the season, as a pair of tweets from Charles F. Gardner of the Milwaukee Journal Sentinel reveal. Kidd said team officials would discuss Martin’s situation, while the big man said he merely hopes the Bucks will re-sign him once his second 10-day contract expires at the end of Wednesday. “I know it’s a business,” Martin said. “Nothing is promised.”

JANUARY 20TH: Martin and the Bucks have already agreed in principle to a deal that covers the rest of the season, reports Shams Charania of RealGM (Twitter link). The 15th-year veteran signed his second 10-day contract with Milwaukee on Monday, and since the Bucks can’t issue any more 10-day pacts to him after this one expires, Martin figures to sign the contract for the rest of the season at that point. Charania doesn’t specify how much money is involved or whether the pact will extend into next season, but players who sign after consecutive 10-day contracts almost always do so for the prorated minimum salary.

JANUARY 16TH: The Bucks are likely to retain Kenyon Martin for the rest of the season, as David Alarcón of HoopsHype reports (Twitter link; translation via HoopsHype). Martin is on a 10-day contract that expires at the end of Sunday, and Alarcón indicates that Milwaukee wants to sign him to another 10-day pact and then ink him for the rest of the season. The 37-year-old Andy Miller client would presumably be on board with continuing to play for Jason Kidd, his long-ago teammate, in spite of reported interest from the Cavs and meetings earlier in the season with the Grizzlies and Rockets.

Martin hasn’t seen much playing time during his brief tenure with Milwaukee, totaling 15 minutes spread over three games so far. The Bucks have welcomed back Ersan Ilyasova since coming to terms with Martin, but the team is without starting power forward Jabari Parker for the rest of the season because of a torn ACL, and Larry Sanders continues to sit out with personal issues. So, Milwaukee is still thinner than expected up front.

The team let go of Nate Wolters to open a roster spot for Martin, so keeping Martin would once more limit Milwaukee’s flexibility. The Bucks are nonetheless more than $7MM shy of the salary cap, so they have the financial wherewithal to eat more guaranteed salary if they deem it necessary as they fight for a playoff spot. Milwaukee has climbed to fifth place in the Eastern Conference at 21-19.

Wolves Cut Raduljica, Sign Lorenzo Brown

January 28th, 2015 at 4:36pm CST by Chuck Myron

4:36pm: The Wolves have released Raduljica, the team has announced.

WEDNESDAY, 4:02pm: The Wolves have officially signed Brown to a 10-day deal, the team has announced (Twitter link). No official announcement has been made regarding Raduljica being released yet. Unless the Wolves have released Raduljica without making a formal announcement, it seems there’s more to the story, since the team wouldn’t have room on its roster unless the league granted an extra roster spot via hardship

TUESDAY, 11:13am: The Wolves are ending their 10-day contract with Miroslav Raduljica early to clear the way for the team to sign Lorenzo Brown, reports Shams Charania of RealGM (Twitter link). Brown has indeed committed to ink with Minnesota in spite of interest from the Pistons as well as the Heat, reports Darren Wolfson of 1500 ESPN Twin Cities (Twitter links). The team has been planning to sign Brown to a 10-day deal, likely in advance of the team’s game on Wednesday, according to Marc Stein of ESPN.com. Raduljica’s deal isn’t up until the end of Wednesday, but it appears Minnesota will eat the last day or two of his 10-day deal, worth $48,028, to have Brown in place.

Brown rejoins the club that drafted him 52nd overall out of N.C. State in 2013. The Wolves brought him to training camp that year, but they cut him before opening night. The combo guard hooked on with the Sixers, but he saw just 8.6 minutes per game across 26 appearances for Philadelphia, which waived him in March. He’d been averaging 16.3 points, 5.3 rebounds and 3.8 assists in 31.8 MPG for Detroit’s D-League affiliate this season after the Pistons had him on their NBA roster for the preseason.

Raduljica won’t go on waivers and will simply become a free agent immediately when the team makes the move, as is the case when clubs terminate 10-day pacts. He’s seen just 4.6 minutes per game in five appearances on a pair of 10-day contracts with Minnesota. Raduljica occupies the final roster spot for the Wolves, who have 14 other players signed for the balance of the season, so his deal is the easiest for coach/executive Flip Saunders to let go.

Jazz Sign Chris Johnson To 10-Day Contract

January 28th, 2015 at 11:17am CST by Chuck Myron

WEDNESDAY, 11:17am: The deal is official, the team announced.

TUESDAY, 2:04pm: The Jazz are setting up a 10-day contract for swingman Chris Johnson, reports Marc Stein of ESPN.com (Twitter link). The former member of the Grizzlies, Celtics and Sixers is not to be confused with the three-year NBA veteran center by the same name who recently signed to play in Turkey. The Chris Johnson who’s apparently headed to Utah would fill the roster spot vacated when the team’s second 10-day deal with Elliot Williams expired Monday night, so there won’t be a need for a corresponding move. Utah isn’t planning another deal for Williams, as Adrian Wojnarowski of Yahoo! Sports reported late Monday (on Twitter).

Johnson has been playing with the D-League affiliate of the Rockets since December, not long after the Sixers waived him the previous month. He spent the preseason with the Celtics, who released him before opening night, but Philly claimed him off waivers and kept him for a little more than two weeks. The 24-year-old averaged 20.8 minutes per game during his brief time in Philly, so it was surprising to see the Sixers let him go. He put up 6.3 points per game in 19.7 MPG across a career-high 40 appearances for Boston last season.

The Jazz are in need of help on the wing, with Alec Burks expected to miss the rest of the season and Rodney Hood out until at least the All-Star break. Rookie Joe Ingles, who’s on a minimum-salary deal, has started the past 12 games.

Knicks Re-Sign Langston Galloway

January 27th, 2015 at 1:40pm CST by Chuck Myron

1:40pm: The deal is official, the team announced (Twitter link).

11:43pm: The money is partially guaranteed for next season, Berman now says (on Twitter).

11:40am: The sides have agreed to a deal that covers this season and next with full guarantees, Berman reports (on Twitter). Begley corroborates that the deal is indeed done (Twitter link). It’ll be for the minimum salary, since that’s all the Knicks can hand out.

11:17am: The deal isn’t done yet, but it should be soon, league sources tell Ian Begley of ESPNNewYork.com (Twitter link).

10:33am: The Knicks have reached a deal to re-sign Langston Galloway, reports Adam Zagoria of SNY.tv (Twitter link). It’ll cover at least the rest of the season, since Galloway has already played through a pair of 10-day contracts with the team, and the sides were reportedly negotiating about additional years as part of his new deal. The Knicks were hesitant to give the combo guard the guaranteed salary for next season that he was seeking, as Marc Berman of the New York Post reported Monday, but the terms of the deal they’ve apparently struck aren’t immediately clear.

Other teams were poised to jump in if the Knicks couldn’t secure the undrafted 23-year-old out of St. Joseph’s, according to Shams Charania of RealGM, an indication of the strong impression he made while with New York on his pair of 10-day contracts, the last of which expired after Monday. Galloway averaged 12.1 points, 4.1 rebounds and 3.0 assists in 28.0 minutes per game over eight appearances for the Knicks, and he started half of those games. He was with the Knicks during the preseason and played for New York’s D-League affiliate prior to his first 10-day deal.

The Michael Siegel client is set to become the 13th player signed through the end of the season on New York’s roster. The Knicks are also carrying Lou Amundson and Lance Thomas on their second 10-day contracts with the club. Amundson’s deal expires at the end of Thursday, and Thomas’ comes up on Friday.

Sixers Sign Larry Drew II To Second 10-Day Pact

January 26th, 2015 at 11:56am CST by Chuck Myron

The Sixers have signed Larry Drew II to his second 10-day contract with the team, Philadelphia announced via press release. His initial 10-day deal expired at the end of Sunday. This will be the final 10-day arrangement this season between the Sixers and the point guard, who’ll have to decide whether to ink a deal for the rest of the season or part ways when his latest contract runs out.

Drew has seen fairly heavy use during his time with the Sixers, appearing in six contests for an average of 18.7 minutes per game. He’s putting up 4.7 points and 4.3 assists per night, his solid ball-distribution representative of his time for the Heat’s D-League affiliate earlier this season. The ASM Sports client set a D-League record for assists in a single game with 23 on Christmas Day.

The 24-year-old Drew will continue to help bolster a Sixers team that’s lost backup point guard Tony Wroten to a torn ACL. Drew’s new contract puts Philadelphia back up at 16 players, one more than the standard 15-man limit. Andrei Kirilenko‘s presence on the suspended list gives the team the extra roster spot.

Jazz Sign Elijah Millsap To Three-Year Deal

January 25th, 2015 at 1:11pm CST by Charlie Adams

SUNDAY: The Jazz have officially signed Millsap, the team announced.

SATURDAY: The Jazz and Elijah Millsap have agreed to a three-year deal, reports Shams Charania of RealGM (on Twitter). While Charania doesn’t disclose financial details, he does add that the final two years of the deal are team options, although that might simply mean they’re non-guaranteed. Utah has about $4.8MM in cap space.

Millsap’s second 10-day contract with the Jazz was set to expire at day’s end tomorrow, and in order for Utah to keep the Hazan Sports Management client around, they needed to come to terms on a deal that covered at least the rest of this season since teams can only hand out two 10-day pacts per player each season. Clearly, Jazz GM Dennis Lindsey was impressed with Millsap’s performance this year, so much so that he’s extended him a multi-year offer.

Utah’s roster will stand at the league-maximum 15 players once Millsap signs his contract, but Elliot Williams is with the club on a 10-day contract set to expire January 27th. Millsap, the younger brother of Paul Millsap, spoke with Hoops Rumors’ Zach Links prior to the start of the 2014/15 season. The 27-year-old swingman went undrafted out of the University of Alabama at Birmingham in 2010 and has spent the last four seasons prior to 2014/15 in the D-League.

Clippers Re-Sign Dahntay Jones

January 24th, 2015 at 2:35pm CST by Chuck Myron

SATURDAY, 2:35pm: The Clippers have signed Jones to a second 10-day contract, the team has announced.

FRIDAY, 8:26am: The Clippers will re-sign Dahntay Jones to another 10-day contract after his first one expires at the end of today, coach/executive Doc Rivers told reporters last night, including Dan Woike of the Orange County Register and Broderick Turner of the Los Angeles Times (Twitter links). It’s the last 10-day contract the Mark Bartelstein client is eligible to sign this year with the Clippers, who must decide whether to keep him for the rest of the season or leave him in free agency once the deal is up.

The 11th-year veteran has seen his first regular season NBA action since the 2012/13 season while on his initial 10-day contract with the Clips, though the swingman’s playing time has been sparce. He’s scored four points in 23 minutes total across four appearances, but it seems the Clippers are content to keep the 34-year-old around, with chemistry a key factor, as Jill Painter Lopez of Fox Sports West details. He was averaging 14.4 points in 29.3 minutes per game for the D-League Fort Wayne Mad Ants this season after the Jazz cut him prior to opening night.

Jones occupies the 13th spot on the Clippers roster. Teams can drop down to 12 players for two weeks at a time, but they’re otherwise obligated to carry at least 13 men. Jordan Farmar‘s buyout left the Clippers a little more than $1.638MM shy of their hard cap, enough to sign multiple players to prorated minimum-salary contracts that cover the rest of the season. However, Rivers has said he expects to sign a pair of veterans next month, so it appears he’d like to maintain flexibility for the time being. Whether or not that means Jones will stick around once his second 10-day contract is up remains to be seen.