NBA rumors

Shanghai Sharks sign Kenneth Lofton Jr.

Kenneth Lofton Jr. has signed a deal with the Shanghai Sharks, a team currently in second-to-last place in the CBA.

The 22-year-old big man spent the preseason with the Chicago Bulls.

Lofton Jr averaged 4.6 points in 21 games in the last NBA season.

Hornets exercise Team-Option on Brandon Miller, Nick Smith Jr, Mark Williams

The Charlotte Hornets have exercised team options for the third year of guards Brandon Miller and Nick Smith Jr. and for the fourth year of center Mark Williams.

Miller, the second overall pick in the 2023 NBA Draft, scored 17.1 points per game with 37 percent from long range as a rookie.

Smith Jr was selected at No. 27 in the same draft, while Williams was taken at No. 15 in 2022.

Jay Huff signs a four-year contract with Memphis Grizzlies

The Memphis Grizzlies are converting two-way center Jay Huff to a new four-year standard NBA contract, according to agent Michael Siegel.

The 7-footer has had an impressive start to the season, averaging 13 points and 3.3 rebounds over 19 minutes per game, while shooting an outstanding 57.1 percent from beyond the arc.

Heat, Bucks, Suns and 76ers target PJ Tucker

The Miami Heat, Milwaukee Bucks, Phoenix Suns, and Philadelphia 76ers are reportedly interested in PJ Tucker if he parts ways with the Clippers.

A buyout of his expiring contract would open the door for Tucker to join one of these teams according with Marc Stein.

Clippers Grant PJ Tucker’s Agent Permission to Explore Trade Options

The Los Angeles Clippers have granted PJ Tucker’s agent, Andre Buck, permission to negotiate with other teams to explore a trade.

Tucker remains away from the team as he awaits an opportunity to contribute in a winning environment.

Cam Thomas: Just getting ready to play the Atlanta Hawks tomorrow

Brooklyn Nets guard Cam Thomas remains focused despite not receiving a rookie contract extension before the deadline. After a breakout 2023-24 season, where he averaged 22.5 points per game, Thomas will enter restricted free agency next summer.

Asked about the situation, Thomas said, “Just getting ready to play the Atlanta Hawks tomorrow. So, that’s all I’m focused on. I don’t really care about all the extra stuff. Just worried about trying to get a win on Wednesday.”

Timberwolves Extend Rudy Gobert with 3-Year, $110M Deal

Minnesota Timberwolves center Rudy Gobert has agreed to a three-year, $110 million contract extension, according to Shams Charania.

The new deal was finalized shortly before Minnesota’s game against the Los Angeles Lakers, securing the four-time Defensive Player of the Year for the team.

Gobert declined his $46.6 million player option for the 2025-26 season, opting for a longer-term contract that gives the Timberwolves more salary cap flexibility. The contract also includes a player option for 2027-28 and a trade kicker.

Aaron Gordon agreed to a four-year, $133 million contract with Denver Nuggets

Aaron Gordon has agreed to a four-year, $133 million contract extension with the Denver Nuggets, according to Klutch Sports.

The deal includes a player option for 2028-29 and a trade kicker. Gordon, 29, was a key contributor to the Nuggets’ 2023 championship team, averaging 13.9 points and 6.5 rebounds in the 2023-24 season.

Jared Butler signs a two-way contract with Washington Wizards

Jared Butler signs a two-way contract with Washington Wizards.

Butler averaged 6.3 points on 48.8% shooting from the field with Washington last season.

Jalen Johnson agreed to a five-year, $150 million rookie contract extension with Hawks

Jalen Johnson has agreed to a five-year, $150 million rookie contract extension with the Atlanta Hawks.

Johnson had a breakout third season, averaging 16 points, 8.7 rebounds, 3.6 assists and 1.2 steals.

No Extension Agreement Between Dallas Mavericks and Quentin Grimes

Quentin Grimes, who has averaged 8.5 points per game over three NBA seasons, did not reach an extension agreement with the Dallas Mavericks.

The player will enter the next offseason as a restricted free agent.

Jaden Hardy agreed to a three-year, $18 million rookie contract extension with Mavs

Jaden Hardy has agreed to a three-year, $18 million rookie contract extension with Dallas Mavericks.

Former Coronado guard averaged 6.6 points last NBA season.

Alperen Sengun signs a five-year, $185 million contract extension, with Rockets

Houston Rockets center Alperen Sengun has agreed to a five-year, $185 million contract extension, as reported by his agents to ESPN. The deal includes a player option in the final year.

Sengun, 22, emerged as an All-Star candidate last season, averaging 21.3 points, 9.3 rebounds, and 5 assists per game before suffering an ankle injury.

Jimmy Butler reportedly expected to pass on contract extension

Miami Heat star Jimmy Butler is reportedly set to pass on a contract extension with the team, even if offered.

According to Anthony Chiang of the Miami Herald, Butler is also expected to decline his player option for the 2025-26 season and enter free agency in 2025.

However, internal sources suggest Butler wishes to stay in Miami and sign a new deal.

Lonnie Walker IV is officially an unrestricted free agent

Lonnie Walker IV is officially an unrestricted free agent.

The player, who averaged 9.8 points in six NBA seasons, was approached by BasketNews to Real Madrid.

Jared Rhoden to stay with Charlotte Hornets

The Charlotte Hornets will turn Jared Rhoden’s contract into a two-way one.

The Seton Hall forward played 17 games last season with the Detroit Pistons.

New Orleans Pelicans sign Brandon Boston Jr.

The New Orleans Pelicans signed Brandon Boston Jr. on a two-way contract.

Last season the wing produced 4.9 points in 35 games with the Clippers.

Los Angeles Clippers’ Bones Hyland tobecome a restricted free agent at the end of the 2024-25 season

The Los Angeles Clippers and guard Bones Hyland have not reached terms on a rookie-scale extension, which means he will become a restricted free agent at the end of the 2024-25 season.

Warriors extend Moody with a 3-year, $39 million deal

The Golden State Warriors have extended Moses Moody’s contract for three years, totaling $39 million.

Moody, who was in the final year of his rookie deal, impressed during training camp and is expected to have a larger role this season.

The news was confirmed by Klutch Sports CEO Rich Paul.

Pistons Add Alondes Williams and Cole Swider on Two-Way Contracts

The Detroit Pistons have signed two players to two-way NBA deals.

Alondes Williams, a guard who spent training camp with the Clippers and played for Miami and Brooklyn in the last two seasons, and Cole Swider, a forward who averaged nearly eight points in preseason with the Pacers after stints with the Lakers and Heat.

Swider brings needed shooting to Detroit’s frontcourt.

Grizzlies to retain Yuki Kawamura on Two-Way deal

Yuki Kawamura, a point guard just over 170 centimeters tall, earned the Memphis Grizzlies’ last available Two-Way Player spot, as reported by Micheal Scotto and other NBA reporters,

The 23-year-old Japanese during the preseason dished out 4.2 assists in 15 minutes per game.

Kawamura arrives in the NBA after an excellent season in the B.League (20.8 points, 8 assists per game for the Yokohama B-Corsairs).

 

Celtics to waive Lonnie Walker

The Boston Celtics opted to release guard Lonnie Walker, as reported by Shams Charania.

The 25-year-old guard could start the season in the G League with the team affiliated to the reigning champions.

Given their complicated salary situation, the Celtics were supposed to spend about $11 million between contract and Luxury Tax to retain Walker.

Most likely the team will start the regular season with 14 players.

 

 

Charlotte Hornets Waiving Charlie Brown Jr.

The Charlotte Hornets will waive Charlie Brown Jr., who has spent four seasons in the NBA.

Last season, as a Knicks two-way player in the G League, he averaged 16.6 points per game.

Sacramento Kings Waiving Boogie Ellis

The Sacramento Kings are waiving guard Boogie Ellis, who averaged 9.0 points and shot 39% from 3-point range during the preseason.

Ellis also shot 47% from beyond the arc during Summer League.

Doug McDermott Signs $750,000 Deal with Sacramento Kings

Doug McDermott reached an agreement with the Sacramento Kings a couple of days ago on a one-year contract.

According to Michael Scotto, it is a “partially guaranteed” deal worth $750,000.

Trail Blazers waive Devonte’ Graham

The Portland Trail Blazers have released Devonte’ Graham.

The experienced point guard had signed with the team during free agency.

Graham in six NBA seasons put together career averages of 11.1 points and 4.3 assists, shooting 36 percent from long range.