Transactions to be noted from Free Agency Night 1 via Athleticism‘s Shams Charania:
Lonzo Ball accepted a $ 85 million four-year contract with the Chicago Bulls, Klutch Sports CEO Rich Paul told Charania. The Bulls send Tomas Satoransky, Garrett Temple and a second-round pick to New Orleans for Ball.
” Free agent Tim Hardaway Jr. accepted a $ 72 million four-year contract to return to the Dallas Mavericks.
Free agent Mike Conley Jr. accepted a $ 68 million three-year contract to return to Utah Jazz.
Free forward JaMychal Green accepted a two-year $ 17 million contract to get back to the Denver Nuggets. The offer includes a player option in year 2.
Five-time NBA All-Star Jimmy Butler is expected to accept a maximum contract extension with the Miami Heat at the league’s opening of the year on August 6. sources tell Charania and Jon Krawczynski.
Compensated free agent Jarrett Allen accepted a five years, $ 100 million ofI re-sign with the Cleveland Cavaliers.
TJ McConnell accepted a four-year $ 35 million contract to return to Indiana.
David Aldridge: Temple will surrender to the New Orleans Pelicans on a three-year contract, according to a league source. The first two years are guaranteed at $ 5 million per year. Temple, 35, has been one of the best guys in the locker room and respected leaders among his peers throughout his 11-year NBA career, which has included stops in San Antonio, Sacramento, Washington, Houston, Milwaukee, Charlotte, Memphis, Brooklyn and the Clippers.
Will Guillory: Going from Lonzo Ball to Tomas Satoransky isn’t exactly how you want to start one of the most important seasons in franchise history. I still think there is more to come from New Orleans. The Pels have a ton of ceiling space and draft capital. I would expect David Griffin to make more noise in the market at some point. The Pels are in desperate need of a big splash.
Tim Caton: The Mavericks had become certain they wanted to retain Tim Hardaway Jr. in the days leading up to free agency, something influenced by the team’s reading of the free agency market and the potential for more lucrative deals coming from. Detroit or Miami. As Charania reports, he will return to the Mavericks on a four-year, $ 74 million contract, indicating his desire to continue playing alongside Luka Doncic – a pretty good business move, if you ask me – rather than pushing forward. over $ 80 million. offers elsewhere.
As the move shrinks the team’s ceiling space, Dallas can still open up $ 10 million to $ 15 million in ceiling space depending on front office roster maneuvers. The Mavs have also explored cap netting deals involving Dwight Powell, as first reported by Bleacher Report, but such a deal would depend on finding the right suitor and the need for more space to sign off targets. ‘offseason. (As it stands, the Mavericks could end up functioning as an off-cap team to unlock a bigger mid-level exception.)
Kelsey Russo: The Cavs tick another box on their to-do list for the offseason and re-sign Jarrett Allen to a five-year, $ 100 million contract, according to our Shams Charania. When the Cavs first traded to Allen in January, the front office knew he was ready for a big contract. They watched throughout the second half of the season how he adjusted to their young nucleus and saw potential as their center for the future. That’s why they extended a qualifying offer to make it a restricted free agent, so they could match any qualifying offer. Then when Isaiah Hartenstein turned down his option to play and the Cavs didn’t extend a qualifying offer to him, it seemed like that was the road the Cavs were going. Even after drafting Evan Mobley last week, it is believed they can go head-to-head if necessary due to Mobley’s passing ability, and now they have a 7-foot cross to play the full 48 minutes of a game. .
James L. Edwards: The Pistons continue to approach 3-point shooting with the addition of Kelly Olynyk. The deal seems a bit long (three years, $ 37 million), but it certainly fits the list.
Seth Partnow: One of the takeaways from the first barrage of deals is that those who saw a player change teams were, in my eyes, of better value than those for re-signed players, in general. Perhaps an example of what John Hollinger has dubbed “The Bird’s Rights Trap” in action.