Choose your location
Hoops Rumors
No. 3 overall pick signs rookie-scale contract with Rockets
Guard Reed Sheppard has signed his rookie-scale contract with the Rockets, according to the NBA transactions log. The third overall pick in the draft, Sheppard will make $10,098,960 in his first year, assuming the usual 120% of the rookie-scale figure given out by most teams to first-rounders. He’s due to make $45,853,024 in his first four years in the NBA.
Magic, Jonathan Isaac agree to a renegotiated five-year extension
Jonathan Isaac has agreed to a five-year, $84M contract renegotiation and extension with the Magic, ESPN’s Adrian Wojnarowski tweets. Isaac had a non-guaranteed $17.4M salary for next season, which was due to be fully guaranteed in January. The breakdown for the contract hasn’t been made public yet but renegotiating a raise for next season using cap room would give Orlando the ability to do smaller cap hits in future seasons.
Celtics to re-sign veteran big man acquired at deadline
Another free agent center is returning to Boston, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that Xavier Tillman has agreed to a two-year deal with the Celtics. It’ll be a fully guaranteed minimum salary contract, per Adam Himmelsbach of The Boston Globe (Twitter links). Tillman is...
Suns shore up guard depth after signing veteran to deal
Phoenix is limited to minimum-salary offers as a second-apron team, and Morris’ deal will be for one year, tweets Gerald Bourguet of PHNX Sports. It’s a nice get for the Suns, who had been in the market for a reliable option at the point. Morris is coming off...
First-round pick Dalton Knecht reaches deal with Lakers
First-round pick Dalton Knecht has reached a contract agreement with the Lakers, according to NBA.com’s transactions log. L.A. was delighted to see the Tennessee sharpshooter slip to No. 17 in last week’s draft and reportedly has plans for him to be an immediate contributor. Although he’s old for a prospect at 23, and there are questions about his defense, his shooting is an obvious skill that should translate into the NBA.
Former first-round pick agrees to re-sign with Magic
The 27-year-old center became an unrestricted free agent on Sunday after Orlando declined its $8M team option for next season. The move was made to maximize cap space heading into free agency, but there were multiple reports that Wagner and the team were interested in a new deal. Wagner appeared...
Lakers' Bronny James to sign guaranteed standard contract
No. 55 overall pick Bronny James will sign a standard contract with the Lakers that includes multiple guaranteed seasons, sources tell Shams Charania of The Athletic. This has been the expectation for James once it became clear that the Lakers were targeting him at No. 55 in last week’s draft. Reports ahead of the draft indicated that Rich Paul was focused on getting Bronny a guaranteed 15-man roster spot rather than a two-way contract, which the agent later confirmed on the record.
Four-time All-Star announces retirement from NBA
On Tuesday, veteran NBA guard Kemba Walker announced via Instagram that he has decided to retire as a professional basketball player. “I want to start this by thanking God for everything he has given me. Basketball has done more for me than I could’ve ever imagined, and I am super thankful for the amazing journey I’ve had,” Walker said in his announcement. “With that, I’m here to share that I am officially retiring from the game of basketball. This has all been a dream. When I look back, I still can’t believe the things I achieved in my career.
A closer look at how Paul George wound up with the Sixers
Bad weather caused a two-hour flight delay for Sixers owner Josh Harris and franchise legend Julius Erving as they headed to Los Angeles to meet with Paul George on Sunday, writes Ramona Shelburne of ESPN. But they found a pleasant surprise when they arrived, as their No. 1 free agent target showed up wearing a T-shirt featuring another Sixers icon, Allen Iverson.
Mutual interest exists between Heat and six-time All-Star
There’s mutual interest between the Heat and free agent forward DeMar DeRozan, a pair of sources with knowledge of the situation tell Barry Jackson and Anthony Chiang of The Miami Herald. DeRozan is one of the top players left on the market, having come in at No. 6 in...
Pacers agree to deal with former No. 2 overall pick
Wiseman, 23, was selected by the Warriors one pick after Anthony Edwards and one pick before LaMelo Ball in the 2020 draft. However, he struggled to find his fit on Golden State’s veteran roster, then missed the entire 2021-22 second season due to a knee injury, which slowed his development.
Spurs sign 2024 first-round draft pick to rookie deal
No. 4 overall pick Stephon Castle has signed his first NBA contract, having finalized his rookie scale deal with the Spurs, according to NBA.com’s transaction log. The team has confirmed the news in a press release. Castle, 19, enters the NBA after winning a national championship at UConn in...
Cavaliers, Donovan Mitchell agree to three-year extension
Mitchell, who spent his first five NBA seasons in Utah, was traded to Cleveland in 2022 for a significant package of assets that included Lauri Markkanen and three future unprotected first-round picks. Since joining the Cavs, Mitchell has led the team to consecutive top-four seeds in the East and has averaged 27.5 points, 5.2 assists and 4.6 rebounds in 35.6 minutes per night across 123 regular season games, with a shooting line of .475/.378/.866.
Heat become first team to sign 2024 first-rounder
The Heat have officially signed first-round pick Kel’el Ware to his rookie scale contract, the team announced on Monday in a press release. Ware becomes the first player selected in the 2024 draft to formally sign his first NBA contract. Considered one of the top centers in this year’s...
Clippers agree to one-year deal with former top-10 pick
It’ll be worth the veteran’s minimum, reports Law Murray of The Athletic. That’ll work out to a $2.61M salary for Bamba and a $2.09M cap hit for the team. Bamba, the sixth overall pick in the 2018 draft, spent his first five-and-a-half seasons in Orlando before being traded to the Lakers at the 2023 deadline. After finishing that season in Los Angeles, he signed with the 76ers last summer and averaged 4.4 points, 4.2 rebounds, and 1.1 blocks in 13.0 minutes per game across 57 appearances (17 starts) for Philadelphia. He’s a career 36.1% three-pointer shooter on 2.3 attempts per game.
Magic to bring back Gary Harris on a two-year contract
The Magic are re-signing veteran guard Gary Harris on a two-year, $14M contract, ESPN’s Adrian Wojnarowski tweets. Harris’ name had been bandied about as a reasonably-priced free agent option for numerous clubs but he opted for continuity. Harris is taking a pay cut — he made $13M in each of the last two seasons.
Clippers to sign veteran guard, former top-five pick
The Clippers have agreed to sign free agent guard Kris Dunn, league sources tell Chris Haynes of TNT and Bleacher Report (Twitter link). The fifth overall pick in the 2016 draft, Dunn didn’t live up to his draft billing in Minnesota or Chicago during the early years of his career, but has evolved into a solid rotation piece in recent years. He spent the past two seasons in Utah, where he provided solid, versatile defense in the Jazz’s backcourt and earned praise from head coach Will Hardy for his voice in the locker room.
Report: Western Conference team 'welcoming' calls on star forward
The Jazz are “welcoming” inquiries on Lauri Markkanen, according to Jake Fischer of Yahoo Sports, who wonders if Utah’s offseason could play out like Brooklyn’s has. The Nets agreed to trade Mikal Bridges after efforts to pair him with an impact player came up short. Utah has also explored the trade market for a possible second star to complement Markkanen, talking to Brooklyn about Bridges (as previously reported) and to the Hawks about both Dejounte Murray and Trae Young, sources tell Fischer.
Hinton, Samuels Rejoining Rockets On Exhibit 10 Deals
Nate Hinton and Jermaine Samuels Jr. have agreed to Exhibit 10 deals with the Rockets that are expected to eventually be converted to two-way deals, according to Jonathan Feigen of the Houston Chronicle. They were on two-way deals with Houston last season, then briefly became unrestricted free agents when Houston...
Raptors to re-sign veteran guard
Veteran swingman Garrett Temple is returning to the Raptors for the 2024-25 season, according to Adrian Wojnarowski of ESPN, who reports (via Twitter) that it’ll be a one-year deal for Temple. While Wojnarowski’s report doesn’t provide any additional details on the agreement, it would be surprising if Temple signs...
Hoops Rumors
10K+
Posts
38M+
Views
Hoops Rumors is a clearinghouse for relevant, legitimate NBA rumors. The site focuses on trades and free agent signings.
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.