NBA Rumors - HoopsRumors.com

Nemanja Bjelica Agrees To Deal With Fenerbahce

July 1st, 2022 at 4:02pm CST by Luke Adams

After winning a title with the Warriors this season, veteran forward Nemanja Bjelica is headed back to Europe.

Bjelica has agreed to sign a two-year contract with Turkish powerhouse Fenerbahce, according to a report from Ugur Ozan Sulak of SocratesDergi.com (Twitter link). The deal will have a total net value of about $4MM, per Johnny Askounis and Aris Barkas of Eurohoops.

Golden State had been interested in re-signing Bjelica to a minimum-salary contract, according to Anthony Slater of The Athletic (Twitter link), but were informed today that he’d be leaving the NBA for one of his former teams overseas. Before he arrived in the NBA, Bjelica played for Fenerbahce for two seasons from 2013-15, earning EuroLeague MVP honors in ’15.

After spending six NBA in Minnesota, Sacramento, and Miami from 2015-21, Bjelica joined the Warriors for his seventh season and made 71 regular season appearances for the club this past year, averaging 6.1 PPG, 4.1 RPG, and 2.2 APG with a .362 3PT% in 16.1 minutes per game.

Having won an NBA championship for the first time, the 34-year-old presumably liked the idea of returning to the EuroLeague, where he’ll earn a similar salary and have a far more significant role.

Cavaliers, Raul Neto Agree To One-Year Deal

July 1st, 2022 at 3:47pm CST by Luke Adams

Free agent point guard Raul Neto is signing with the Cavaliers, reports Shams Charania of The Athletic (Twitter link). Neto will receive a one-year, minimum-salary contract, according to Chris Fedor of Cleveland.com (Twitter link).

Neto, 30, spent the last seasons in D.C. as a backup point guard for the Wizards and acquitted himself well, averaging 8.1 PPG, 2.7 APG, and 2.2 RPG on .465/.349/.819 shooting in 134 total games (20.7 MPG). The seven-year veteran previously spent time with the Jazz and Sixers.

The Cavaliers reached an agreement on Friday to bring back veteran point guard Ricky Rubio to back up All-Star Darius Garland, but Rubio is recovering from a torn ACL and is unlikely to be ready to play this fall.

While Rubio works his way back, Neto should get a chance to be Garland’s primary backup. He’ll presumably shift a spot down the depth chart when Rubio returns.

In addition to agreeing to terms with Rubio and Neto today, the Cavaliers struck a minimum-salary deal with center Robin Lopez, as they continue to add veteran depth to complement their core.

Jazz To Trade Rudy Gobert To Timberwolves

July 1st, 2022 at 2:40pm CST by Luke Adams

The Jazz are trading three-time Defensive Player of the Year Rudy Gobert to the Timberwolves, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

According to Wojnarowski (all Twitter links), the Jazz will receive Malik Beasley, Patrick Beverley, Jarred Vanderbilt, Leandro Bolmaro, 2022 first-round pick Walker Kessler, and four future first-rounders in the deal.

Minnesota will send Utah unprotected first-round picks in 2023, 2025, and 2027, along with a top-five protected 2029 first-round pick and the right to swap first-rounders in 2026, reports Jon Krawczynski of The Athletic (Twitter link).

A major shake-up had been expected in Utah this spring and Gobert has been mentioned in trade rumors since the Jazz were eliminated from the postseason. On top of that, the Wolves were rumored to be in the market for a rim-protecting center to play alongside Karl-Anthony Towns, and had been linked to Gobert.

Still, the fact that the two division rivals were able to agree to terms on this blockbuster deal comes as a major surprise. It represents a huge home-run swing by new Timberwolves president of basketball operations Tim Connelly and incoming owners Marc Lore and Alex Rodriguez, and is the first significant roster move made by Jazz CEO Danny Ainge.

The move will cost the Timberwolves a good amount of their depth, but will create a loaded starting five. Towns and Gobert figure to be joined by point guard D’Angelo Russell, rising star Anthony Edwards, and one of Kyle Anderson, Taurean Prince, or Jaden McDaniels.

The Wolves will have Gobert under contract for several years — he’s owed a guaranteed $123MM over the next three seasons and has a $46.7MM player option for 2025/26.

Minnesota currently projects to be about $9.5MM below this season’s luxury tax line, with 11 players on their books, tweets ESPN’s Bobby Marks.

Meanwhile, of the players headed to Utah in this trade, only Kessler will have guaranteed money on his contract beyond 2022/23. Beverley is on an expiring contract, while Beasley, Vanderbilt, and Bolmaro all have team options for ’23/24.

The Jazz are currently $11MM below this year’s tax line for 13 players and should have significant cap flexibility in future seasons, says Marks.

Having also acquired a first-round pick from Brooklyn this week in exchange for Royce O’Neale, the Jazz are now loaded with draft assets and plan to retool their roster around Donovan Mitchell going forward, per Wojnarowski (Twitter link). Tony Jones of The Athletic confirms (via Twitter) that the team has no plans to trade Mitchell.

There could be an opportunity for the Jazz to turn around and immediately flip some of the picks they’ve accumulated for an impact player who will complement Mitchell.

For instance, John Gambadoro of Arizona Sports 98.7 reports (via Twitter) that Utah has some interest in exploring a sign-and-trade deal for Suns restricted free agent center Deandre Ayton, and Kevin O’Connor of The Ringer confirms (via Twitter) that the Wolves, Jazz, and Suns had discussed some three-team scenarios.

After seeing multiple unprotected first-round picks change hands this week in deals involving Gobert and Dejounte Murray, it’s safe to say the Nets’ asking price for Kevin Durant will be astronomical. Brooklyn is said to be seeking a “historical haul” for the former MVP.

Lakers Sign Scotty Pippen Jr., Cole Swider Via Two-Way Deals

July 1st, 2022 at 2:24pm CST by Alex Kirschenbaum

JULY 1: The Lakers have officially signed Pippen and Swider to two-way contracts, the team announced today (Twitter links).

JUNE 23: The Lakers are set to add undrafted former Vanderbilt point guard Scotty Pippen Jr. to a two-way contract, according to Bill Oram of The Athletic (Twitter link). Los Angeles will also sign undrafted Syracuse rookie forward Cole Swider into their second two-play player slot, reports Shams Charania of The Athletic (via Twitter).

The 21-year-old Pippen, son of Hall of Fame Bulls small forward Scottie Pippen, played for three seasons with the Commodores. The 6’1″ guard was named to the SEC All-Freshman Team in 2020, and was a two-time First-Team All-SEC selection in 2021 and 2022.

During his third NCAA season in 2021/22, the younger Pippen averaged 20.4 PPG, 4.5 APG, 3.6 RPG and 1.9 SPG across 36 games, all starts. He posted a slash line of .416/.325/.749.

Swider spent his first three college seasons with Villanova before finishing his NCAA career with Syracuse. For the Orange in 2021/22, Swider averaged 13.9 PPG, 6.8 RPG, 1.4 APG and 1.0 SPG. The 6’9″ forward started all 33 games during his final NCAA season, with solid shooting splits of .473/.411/.866.

Pippen and Swider will log some time with L.A.’s NBAGL affiliate, the South Bay Lakers, but could also help contribute to the depth-challenged NBA club.

Eastern Notes: Cavs, Rubio, Tsai, Bucks, Papagiannis, Bridges

July 1st, 2022 at 2:19pm CST by Arthur Hill

The Cavaliers‘ agreement with Ricky Rubio remains flexible and could eventually become a sign-and-trade with the Pacers, sources tell Chris Fedor of Cleveland.com. Rubio, who suffered a torn left ACL last December, isn’t expected to be able to play for the first two or three months of the season, so the Cavs want to explore other point guard options.

If they do a sign-and-trade with Rubio, they’d be able to use their $10.4MM mid-level exception to address that area, and Fedor suggests that another signing could be reported sometime this weekend.

Bringing back Rubio was “Plan A” for the team, Fedor adds, after he helped fuel a surprising rise to contention last season. Serving as a veteran component in a young backcourt, Rubio averaged 13.1 points, 4.1 rebounds and 6.6 assists in 34 games before the injury. Cleveland was 20-14 with Rubio last season, but only 24-24 when he didn’t play.

There’s more from the Eastern Conference:

Nets owner Joe Tsai is fed up with the drama surrounding the organization and won’t mind parting with Kevin Durant and Kyrie Irving, according to Joe Vardon of The Athletic. Vardon notes that Tsai has been willing to pay the luxury tax in the three seasons since Durant and Irving arrived, but he hasn’t gotten much in return, with just one playoff series win in that time. Other distractions, such as the coaching change involving Kenny Atkinson, the trades to acquire and then unload James Harden, the addition of Ben Simmons when he wasn’t ready to play, and Irving’s refusal to get vaccinated have all tested Tsai’s patience, Vardon adds.
The Bucks have some interest in former first-round pick Georgios Papagiannis, tweets Dionysis Aravantinos of HoopsHype. The Greek center fizzled out quickly after being selected at No. 13 in the 2016 draft — playing 38 games for the Kings and one for the Trail Blazers — but he has been a star in Europe, earning a spot on the All-EuroLeague Second Team this year. Papagiannis is still under contract to Panathinaikos, so Milwaukee would have to arrange a buyout, but Aravantinos doesn’t see that as an obstacle.
The wife of Hornets forward Miles Bridges has posted several photographs showing injuries that she says were caused when he attacked her this week, as Amy Woodyatt and Jacob Lev of CNN write. Bridges was arrested on Wednesday and charged with felony domestic violence. His next court date is scheduled for July 20, per CNN’s report.

Warriors, Kevon Looney Agree To Three-Year Contract

July 1st, 2022 at 2:00pm CST by Luke Adams

The Warriors are bringing back a key member of their championship roster, according to Adrian Wojnarowski of ESPN (Twitter link), who reports that that the team has agreed to a three-year, $25.5MM deal with center Kevon Looney.

Looney enjoyed an impressive bounce-back year in 2021/22 after his previous two seasons were marred by injuries and a reduced role. He started 80 of Golden State’s 82 regular season games and averaged 6.0 PPG, 7.3 RPG, and 2.0 APG in 21.1 minutes per contest while playing solid defense. His role remained steady in the postseason — he started just 13 of 22 games, but logged 20.4 MPG during the Warriors’ title run.

The 26-year-old put a stamp on a sterling contract year with his play in the NBA Finals — in six games, the Warriors outscored the Celtics by 48 points when he was on the court and were outscored by 24 points when he sat.

According to Marc Stein (Twitter link), some rival teams believed Looney might return to Golden State on a three- or four-year deal worth $10MM per year, so bringing him back at $8.5MM annually looks like a good deal for the defending champions. Additionally, the third year is only partially guaranteed for $3MM, tweets Anthony Slater of The Athletic.

The Warriors still have some work to do on their roster after striking a deal with Looney. The team has lost a pair of key rotation players so far in free agency, with Otto Porter headed to Toronto and Gary Payton II on his way to Portland.

Golden State’s projected tax bill figures to be a consideration as the team weighs its options with the taxpayer mid-level exception. According to Yossi Gozlan of HoopsHype (Twitter link), the Warriors have a projected tax bill of at least $120MM so far, and that number would rise significantly if the team uses its MLE.

Bulls To Re-Sign Derrick Jones To Two-Year Deal

July 1st, 2022 at 1:39pm CST by Luke Adams

The Bulls and Derrick Jones have agreed to a new two-year contract that will keep the free agent forward in Chicago, reports Shams Charania of The Athletic (Twitter link). According to Charania, Jones’ two-year deal will be worth $6.6MM, with a second-year player option.

Chicago held Jones’ Early Bird rights, but a deal completed using the Early Bird exception can’t include a second-year option, so the team is likely renouncing its Early Bird rights and making Jones a Non-Bird free agent. The Bulls would then be able to complete the signing without dipping into their mid-level exception.

Jones, 25, appeared in 51 games for Chicago in 2021/22 after being acquired from Portland in an offseason trade. He averaged 5.6 PPG and 3.3 RPG on .538/.328/.800 shooting in 17.6 minutes per contest.

While Jones hasn’t made a major impact on the offensive end since entering the NBA in 2016, his athleticism and his ability to guard multiple positions on defense have continued to earn him regular minutes.

The Bulls now project to be about $3.5MM below the luxury tax line with 14 players under contract, tweets Yossi Gozlan of HoopsHype.

Rockets Sign Trevor Hudgins To Two-Way Contract

July 1st, 2022 at 1:23pm CST by Arthur Hill

JULY 1: The Rockets have officially signed Hudgins to his two-way deal, the team announced today in a press release. It’s a one-year contract, tweets Jonathan Feigen of The Houston Chronicle.

JUNE 24: Trevor Hudgins, a two-time Division II Player of the Year at Northwest Missouri State, will sign a two-way deal with the Rockets, tweets ESPN’s Adrian Wojnarowski. The agreement was confirmed by Hudgins’ agent, George Langberg.

A 23-year-old guard, Hudgins averaged 23.0 points, 4.3 assists and 1.5 steals as a senior. He’s an accomplished shooter, connecting at 48.2% from the field, 41.5% from three-point range and 90.1% from the foul line this season. He was named Most Outstanding Player in the Division II Tournament in both 2019 and 2022 and won three national titles with the Bearcats.

Hudgins had one year of eligibility remaining, but chose to forego it and enter the draft. He also declared for the 2021 draft before deciding to return to school.

ESPN ranks Hudgins 33rd on its list of best undrafted players.

Bucks Sign AJ Green To Two-Way Deal

July 1st, 2022 at 1:19pm CST by Arthur Hill

JULY 1: Green’s two-way contract is now official, the Bucks confirmed today in a press release.

JUNE 24: Undrafted rookie AJ Green of Northern Iowa will sign a two-way contract with the Bucks, tweets ESPN’s Adrian Wojnarowski.

The 6’4″ combo guard played four seasons with the Panthers and was named Missouri Valley Conference Player of the Year in 2020 and 2022. Green missed most of his junior year because of hip surgery, but he bounced back strong as a senior, averaging 18.8 points, 3.7 rebounds and 2.5 assists per game while shooting 38.8% from three-point range.

Green, who had one year of eligibility remaining, entered the transfer portal at the same time he declared for the draft. He ultimately decided to pursue a pro career rather than return to school.

Milwaukee’s other two-way slot currently belongs to Sandro Mamukelashvili.

Hugo Besson, whom the Bucks took with the final pick in Thursday’s draft, might have been a candidate for a two-way contract, but the team plans to keep him overseas next season, according to Eric Nehm of The Athletic (Twitter link).

Trail Blazers Sign Shaedon Sharpe

July 1st, 2022 at 1:11pm CST by Arthur Hill

Shaedon Sharpe, the seventh pick in last week’s draft, has signed his rookie contract with the Trail Blazers, the team announced in a press release.

The 19-year-old Canadian was considered a wild card heading into the draft because he didn’t play college basketball. Scouts watched his practices at Kentucky, but hadn’t seen him in action in a competitive environment since he left high school.

As the No. 7 selection, Sharpe will receive $6,012,960 during his first season if he signs for the maximum allowable 120% of the rookie scale, which virtually all first-round picks do. He’s eligible to make $27,340,903 over the four-year contract, assuming the Blazers pick up his options.

Sharpe is expected to play for Portland’s entry in the Las Vegas Summer League, which starts next week.

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