Wizards Rumors

Marcus Smart To Join Lakers After Buyout With Wizards

July 20: Smart has officially reached a buyout agreement with the Wizards and been placed on waivers, the team announced (via Twitter).


July 19: Marcus Smart has reached an agreement on a buyout with the Wizards and plans to join the Lakers once he clears waivers, according to Shams Charania of ESPN. Smart’s new contract will be worth $11MM over two years and will contain a player option for the second season.

Sources tell Charania that Luka Doncic played a large role in recruiting Smart to L.A. He adds that the Lakers, Suns and Bucks all received permission from Washington to contact Smart, and he had “positive conversations” with all three teams.

The Lakers can use their full bi-annual exception to add Smart, according to cap expert Yossi Gozlan (Twitter link). They’ll have to clear about $4.2MM in salary to have access to the full amount, which may mean parting with Shake Milton, who has a $3MM non-guaranteed salary, and Jordan Goodwin, who only has a $25K guarantee on his $2.35MM salary.

If that happens, L.A. wouldn’t have enough available apron space to sign a 15th man before the start of the season, as Gozlan notes (Twitter link).

Milton’s salary for 2025/26 will become fully guaranteed after Sunday, so the Lakers will have to act fast if they plan to waive him.

If Smart gives back the equivalent of the bi-annual exception in his buyout, the Wizards will be more than $30MM below the luxury tax, Gozlan adds. Washington has its full $14.1MM non-taxpayer mid-level exception remaining, along with $13.4MM and $9.9MM trade exceptions.

Smart, 31, was named Defensive Player of the Year with Boston in 2022, but his career took a downturn after a trade to Memphis in the summer of 2023. Injuries limited him to 39 total games in a year and a half with the Grizzlies before he was sent to Washington in a three-team deal at this year’s trade deadline.

If Smart can stay healthy, he’ll bring much-needed defensive help to the Lakers’ backcourt. He appeared in 19 games with Memphis and 15 games with the Wizards last season, averaging 9.0 points, 2.1 rebounds and 3.2 assists in 20 minutes per night with .393/.348/.761 shooting numbers.

The Wizards have added numerous young players to their roster this summer, so there likely wouldn’t have been regular playing time for Smart, who had a $21.6MM expiring contract. There were rumors last month that Smart was on the trade market, but the Wizards evidently couldn’t find a team willing to take on his salary.

AJ Johnson Becomes Team Leader In Las Vegas

  • The Wizards limited their top Summer League players to two games, which put a larger spotlight on AJ Johnson, observes Varun Shankar of The Washington Post (subscriber link). Johnson finished the season strong after being acquired from Milwaukee in February, and he welcomed the chance to showcase his skills in Las Vegas. “I think it would be hard for us to find anybody who’s not wearing a Wizards uniform out here that can stay in front of AJ Johnson,” coach J.J. Outlaw said. “Such a talented player; he can settle for his midrange, but getting downhill is his thing.”

Blake Wesley Agrees To Buyout With Wizards

Newly acquired Blake Wesley will become a free agent after agreeing to a contract buyout with the Wizards, sources tell Michael Scotto of HoopsHype (Twitter link). The team has confirmed (via Twitter) that the buyout has been finalized.

The 22-year-old shooting guard came to Washington earlier this month along with Malaki Branham in a deal that sent Kelly Olynyk to San Antonio. However, he faced a difficult road to earn regular minutes on a roster filled with young players. There’s no word yet on how money he gave back on his $4,726,328 contract for the upcoming season.

Wesley expects to sign with another team, adds Scotto, who notes that the former first-rounder is an effective perimeter defender and shot 37% from three-point range in the second half of the season.

Wesley was selected with the 25th pick in the 2022 draft and spent his first three years with the Spurs. He appeared in 58 games last season, averaging 3.7 points, 1.1 rebounds and 2.0 assists in 11.8 minutes per night with .435/.293/.623 shooting splits.

The agreement with Wesley, along with the buyout of Marcus Smart and the release of Richaun Holmes, have helped to clear up a roster crunch that the Wizards were experiencing. Once the moves become official, they’ll be down to 14 fully guaranteed contracts, plus Justin Champagnie, who has a $2.4MM non-guaranteed deal and Anthony Gill, who is expected to re-sign.

Cap Notes: Bulls, Nuggets, Harden, Minott, MLEs

When the Bulls traded Lonzo Ball for Isaac Okoro earlier this month, they had to use a portion of their existing Zach LaVine traded player exception worth $17MM+ to absorb Okoro’s $11MM salary, tweets Keith Smith of Spotrac. Chicago couldn’t simply use Ball’s $10MM outgoing salary for matching purposes due to an injury protection clause in his contract, Smith notes.

The $10MM owed to Ball for the 2025/26 season would be fully guaranteed if he were waived today, but his contract includes an Exhibit 3 (“prior injury exclusion”) clause which would let the team off the hook for the full amount if he suffers a specific injury — presumably, a major one related to his surgically repaired knee.

It sounds as if the NBA required the Bulls to treat Ball’s salary as non-guaranteed due to that Exhibit 3 clause, which means it wouldn’t count for $10MM for outgoing purposes, as we explain in our glossary entry on the trade rules for non-guaranteed salary. That meant another exception had to be used to take on Okoro’s incoming $11MM.

The move will still hard-cap the Bulls at the first tax apron for the 2025/26 league year — instead of using the expanded traded player exception (taking back more than 100% of Ball’s salary), they used a trade exception generated during the previous season. Either move creates a hard cap at the first apron.

Here are a few more cap-related housekeeping notes worth passing along:

  • The Nuggets used a portion of the traded player exception generated in their Michael Porter Jr./Cameron Johnson swap to acquire Jonas Valanciunas‘ $10.4MM salary from Sacramento, creating a new TPE worth Dario Saric‘s outgoing $5.4MM salary in the process, ESPN’s Bobby Marks reports for Sports Business Classroom. Denver could’ve used Saric’s outgoing salary to legally match Valanciunas’ incoming amount without touching the Porter TPE, but doing so would’ve created a first-apron hard cap. Because the Porter TPE was created after the regular season ended, using it doesn’t result in a hard cap for Denver.
  • The 2025/26 salaries for Clippers guard James Harden and Celtics guard Josh Minott are now fully guaranteed. Neither Harden nor Minott received a fully guaranteed first-year salary at the time they signed earlier this month, but that was just a technicality so that the Clippers and Celtics could avoid guaranteeing their second-year options for 2026/27. Harden’s $39.2MM salary for ’25/26 became guaranteed after July 11, while Minott’s $2.4MM salary was guaranteed after July 15.
  • Once Damian Lillard officially signs with Portland, there will be just four NBA teams who still have their entire $14.1MM non-taxpayer mid-level exception available and remain far enough below the first tax apron that they could use the entire thing. Those teams are the Wizards, Hornets, Bulls, and Warriors. However, Chicago and Golden State still have to resolve restricted free agency for Josh Giddey and Jonathan Kuminga, respectively, so there’s no guarantee they’ll remain on that list. That will make Washington and Charlotte two teams to watch closely for the rest of the offseason and perhaps into the season, since that MLE flexibility makes them candidates to take on unwanted salary in trades.

Wizards Waive Richaun Holmes

The Wizards have waived veteran big man Richaun Holmes, Michael Scotto of HoopsHype tweets.

Holmes’ $13.28MM contract for next season only had a partial guarantee of $250K. He averaged 7.4 points and 5.7 rebounds in 17.2 minutes over 31 games (seven starts) last season.

Holmes will be an unrestricted free agent once he clears waivers. Given his age — 31 — and lack of playing time last season, it’s no surprise that Washington would clear salary by cutting Holmes loose.

Holmes declined a $12.88MM option on his contract last summer in order to sign a two-year, $25.9MM contract that included the partial guarantee on year two. He had been acquired during the trade deadline from Dallas in the deal that sent Daniel Gafford to the Mavs. He appeared in 17 games for Washington that season, making eight starts and averaging 7.1 points and 6.1 rebounds in 18.7 minutes per night.

Holmes was once one of the most sought-after big men in the league. He was signed by Sacramento on a four-year, $46MM contract in 2021 and averaged in double digits in three consecutive seasons for the Kings.

Once the Wizards signed free agent Marvin Bagley III to back up Alex Sarr, it was clear that Holmes was no longer in the Wizards’ plans. He should draw interest from teams seeking frontcourt depth.

Summer League Notes: Flagg, C. Porter, Sarr, Raptors

The Mavericks are shutting down No. 1 overall pick Cooper Flagg for the rest of Summer League after he appeared in the team’s first two games in Las Vegas, reports NBA insider Marc Stein (Twitter video link).

Flagg opened his Summer League career on Thursday with a 5-of-21 performance that he referred to as “one of the worst games of my life,” but showed on Saturday why he was considered the consensus top prospect in the 2025 draft class, piling up 31 of Dallas’ 69 points in a loss to San Antonio.

Having exhibited on Saturday that he has little left to prove in Las Vegas, Flagg will shift his focus to training camp in the fall, with the Mavericks not looking to risk an injury to a player who figures to be a key part of their lineup when the regular season gets underway.

Here are a few more Summer League items of interest:

  • Third-year guard Craig Porter Jr., who will be vying for rotation minutes in Cleveland this fall, was expected to be one of the leaders of the Cavaliers‘ Summer League team, but a left hamstring injury sidelined him on Sunday and has rendered his availability for the rest of the Vegas League uncertain, according to Chris Fedor of Cleveland.com (subscription required).
  • Wizards big man Alex Sarr, the No. 2 overall pick in the 2024 draft, set a new Summer League record on Sunday by blocking eight shots, per Varun Shankar of The Washington Post. After averaging a modest 6.5 rebounds per game as a rookie, the seven-foot Sarr showed promise on that front Sunday too, grabbing 12 boards.
  • Eric Koreen of The Athletic shares five Raptors-related observations from the team’s first two Summer League games, singling out second-year big man Ulrich Chomche, who is returning from an ACL injury, and second-year forward Jonathan Mogbo, who will be fighting to retain his rotation spot this fall, as a couple players who have stood out in Toronto’s two victories.
  • A panel of ESPN insiders share their early Summer League observations on several members of the 2025 rookie class, including Flagg, Dylan Harper, Noa Essengue, and Nique Clifford.

Southeast Notes: Knueppel, Bane, Christopher, Risacher, Johnson

After Cooper Flagg referred to his Thursday Summer League debut as “one of the worst games of my life,” his former Duke teammate Kon Knueppel conveyed a similar sentiment in the wake of a 1-of-8 performance from the field on Friday in his first Summer League game with the Hornets.

“Probably one of the worst games I’ve played in a while,” Knueppel said, per Rod Boone of The Charlotte Observer. “I just couldn’t get one to go. Didn’t feel great, especially missing free throws. But I thought I did a good job defensively, held my own. I’ve got to be a little smarter with the ball. A couple of bad turnovers but it’s good to get my feet underneath me a little bit and get ready for the next game.”

Although Knueppel struggled to score, Charlotte’s other rookies made a positive first impression. Liam McNeeley, in particular, had a huge debut in Vegas, registering a team-high 22 points, 12 rebounds, and six assists in 28 minutes off the bench to help lead the Hornets to a win over Utah.

Here’s more from around the Southeast:

  • Appearing on ESPN Today on Friday (YouTube link), Magic head coach Jamahl Mosley spoke glowingly about new addition Desmond Bane, stating that it’s “fantastic” to have the veteran wing on his roster. “He was in the gym the other day with Franz (Wagner) and Anthony Black already,” Mosley said. “Just his work ethic, his character, his care factor, just (the) leadership that he brings to the table is going to be so special for us.”
  • Former first-round pick Josh Christopher, who spent last season on a two-way contract with Miami, was a late addition to the Hawks‘ Summer League roster, tweets Lauren Williams of The Atlanta Journal-Constitution. The 6’4″ guard didn’t play at all on Friday in Atlanta’s first game in Vegas.
  • During an ESPN interview at halftime of the Hawks‘ Friday game, general manager Onsi Saleh said the team “couldn’t be more happy” with the development of last year’s No. 1 overall pick Zaccharie Risacher, per Kevin Chouinard of Hawks.com (Twitter link). “He has gotten his body so right, especially given how young he is,” Saleh said. “… I saw him in the summertime and he looked like he put on some more weight.”
  • There weren’t a ton of bright spots for the Wizards in their blowout loss to Phoenix on Friday, but the play of No. 6 overall pick Tre Johnson was one of them, writes Josh Robbins of The Athletic. Johnson scored 18 points on 7-of-13 shooting and earned praise from coach J.J. Outlaw and his teammates for his Summer League debut. “He played aggressive. He played with a lot of confidence, which was expected,” second-year forward Kyshawn George said. “It was his first game, his first start. He’s only going to get better from here.”

International Rumors: Walker, Gill, Micic, Brown, Kamagate

Seven-year veteran Lonnie Walker spent most of last season in Lithuania with EuroLeague club Zalgiris Kaunas prior to signing a two-year deal with the Sixers in February. Philadelphia declined its team option on the 26-year-old at the end of last month, making him an unrestricted free agent, and he has yet to be linked to another NBA team.

Could another international stint be in the works for Walker?

According to Matteo Andreani of Basketball Sphere and Tomer Givati of Israel Hayom, Hapoel Tel Aviv is in advanced talks with Walker and has offered the 6’4″ shooting guard a two-year contract. Andreani says the Israeli club is “confident the deal will be finalized soon.”

Here are a few more rumors and notes from across the pond:

  • Free agent forward Anthony Gill is drawing interest from multiple EuroLeague teams, particularly Real Madrid, per Javier Maestro of Spanish outlet Encestando and Israeli reporter Givati. The 32-year-old was waived by the Wizards last month before his contract became guaranteed and there is reportedly mutual interest in a reunion. However, Washington is also facing a roster crunch and Gill could potentially earn more money and have a larger role with Madrid. It’s not yet known which opportunity would hold more appeal to Gill, per Maestro, who points out that the Virginia product played three EuroLeague seasons with Russia’s Khimki prior to signing with the Wizards in 2020/21.
  • Serbian guard Vasilije Micic agreed to a buyout with the Bucks, but he won’t be signing with reigning EuroLeague champion Fenerbahce, according to European insider Chema de Lucas (Twitter link), who says the Turkish powerhouse has pulled the contract offer it presented about a month ago (hat tip to Eurohoops). The 31-year-old won back-to-back EuroLeague titles with Turkey’s Anadolu Efes in 2021 and 2022.
  • Former NBA guard Lorenzo Brown has signed a multiyear contract with Olimpia Milano, the Italian team announced in a press release. The 34-year-old spent parts of five seasons in the NBA from 2013-19 and has had a lengthy international career. He played for Panathinaikos in Greece last season.
  • French center Ismael Kamagate, whose NBA rights are controlled by the Clippers, has signed with Turkish club Besikas (link to press release). The 24-year-old former second-round pick spent the 2024/25 campaign in Italy with Derthona.

Cap Observations: Mutual Options, DFS, Incentives, Nuggets, BAE

After NBA teams spent the week officially finalizing many of the trades and free agent signings they'd agreed to during the July moratorium (or earlier), we're starting to get a clearer sense of trends emerging among the contracts signed in 2025/26, as well as a better idea of how teams are managing their cap exceptions and apron-related restrictions.

With that in mind, we're taking a closer look today at some of those contract trends, as well as a unique trade kicker, a cap-related decision facing the Nuggets, and a new use of the bi-annual exception.

Let's dive in...

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Contract Details: A. Jackson, K. Jones, Small, Sanders, Bagley

The Bucks originally had a July 7 deadline to decide whether or not they wanted to guarantee Andre Jackson‘s full $2.22MM salary for the 2025/26 season, but reporting on Monday indicated that the team had awarded the guard a partial guarantee on that figure as part of an agreement to move back his full salary guarantee date.

According to Keith Smith of Spotrac (Twitter link), Jackson received an $800K partial guarantee as part of that agreement, locking in a little over a third of his ’25/26 salary. His new guarantee date will be one day before the start of the regular season in the fall.

In other words, if Jackson earns a spot on the Bucks’ opening night roster, his full salary for next season will be locked in, but the team has a few more months to make that decision.

Here are a few more contract details from around the NBA:

  • Kam Jones‘ four-year, $8.7MM contract with the Pacers is fully guaranteed in year one, with a 50% partial guarantee for year two, reports Michael Scotto of HoopsHype (Twitter link). That means only about $2.35MM of Jones’ total salary will be guaranteed, including $1.27MM in year one. The 6’5″ guard was the 38th overall pick in last month’s draft.
  • The two-way contract that No. 48 overall pick Javon Small signed with the Grizzlies will cover two seasons, per Scotto (Twitter link). That will put Small on track for restricted free agency in 2027 if he’s not promoted (or waived) before then.
  • Kobe Sanders‘ two-way contract with the Clippers is also for two years, tweets Smith. Sanders was the No. 50 overall pick in the 2025 draft.
  • Marvin Bagley III‘s one-year, minimum-salary deal with the Wizards is guaranteed, Hoops Rumors has learned. Washington now has 16 players on guaranteed contracts, plus Richaun Holmes and Justin Champagnie on non-guaranteed deals, so some roster moves will be necessary in D.C. at some point — the team won’t have to resolve that situation until the day before the regular season, however.