- Adrian Wojnarowski at Yahoo Sports55 mins ago
Free-agent forward Malcolm Thomas has agreed to a deal with the Philadelphia 76ers, league sources told Yahoo Sports.
Thomas will be a part of the 76ers' 15-man roster on opening night.
Thomas, 25, played eight games in stops with the San Antonio Spurs and Utah Jazz in the 2013-'14 season. Thomas, a 6-foot-9 forwarded, was traded to the Cleveland Cavaliers and eventually waived to clear salary space.
Thomas has had stops with the Golden State Warriors and Chicago Bulls in his career. Thomas played college basketball at San Diego State.
The 76ers open the season Wednesday at the Indiana Pacers.
- Adrian Wojnarowski at Yahoo Sports6 hrs ago
After undergoing surgery to repair a facial fracture, Orlando Magic guard Victor Oladipo is expected to miss a month of the season, a league sources told Yahoo Sports.
Oladipo, the 2014 runner-up for the NBA's Rookie of the Year award, sustained an elbow to his head in practice on Thursday. He had the surgical procedure on Saturday.
For the Magic, Oladipo's loss is a significant blow and adds to the burden on promising rookie Elfrid Payton Jr., who will take on a more significant role in Oladipo's absence. The Magic have confidence that Oladipo – who averaged 13.8 points, four assists and four rebounds a season ago – and Payton will form the franchise's backcourt for years to come.
Oladipo was the No. 2 overall pick out of Indiana in the 2013 draft.
- Adrian Wojnarowski at Yahoo Sports2 days ago
The Philadelphia 76ers are in talks with the Brooklyn Nets to acquire guard Marquis Teague, league sources told Yahoo Sports.
The Nets wouldn't receive anything of significance in return for Teague, sources said.
Teague, the 29th overall pick in the 2012 NBA draft, has been unable to gain traction in stops with the Chicago Bulls and Nets. He left Kentucky after his freshman season and still is only 21 years old. During this rebuilding period, the 76ers have been using their roster to run through young players who could turn into keepers.
Teague has played minimally in the preseason for the Nets and was on the court for extended minutes (24) only in the Nets' most recent preseason game with Boston. Teague had 10 points, four assists and six turnovers in the game.
Brooklyn acquired Teague in a trade with the Bulls last season.
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- Adrian Wojnarowski at Yahoo Sports3 days ago
The NBA’s draft lottery reform was voted down by the league’s owners Wednesday at the Board of Governors meetings in New York, league sources told Yahoo Sports.
The current lottery system – a weighted format in which the worst team has 25 percent of the pingpong balls for the No. 1 overall pick and a guarantee it'll drop no lower than fourth in the draft order – will remain as 13 teams voted against reform, league sources told Yahoo Sports.
"Several teams started to wonder about unintended consequences and voted ‘no’ to be able to do further study," one owner told Yahoo Sports.
Among the “no” votes were big-market teams Chicago and Washington, a source said, with small-market Sacramento, in a strange twist, voting for lottery reform.
The remaining teams that voted no were Phoenix, Philadelphia, Oklahoma City, New Orleans, Detroit, Miami, Milwaukee, San Antonio, Utah, Washington and Atlanta, sources said.
On Tuesday, it appeared likely that the reform would pass, with opponents Philadelphia and Oklahoma City seemingly struggling to get the support of six more teams to block the movement.
- Adrian Wojnarowski at Yahoo Sports4 days ago
Everyone understands the reasons the Philadelphia 76ers want the NBA to wait on implementing a plan to reform the draft lottery: They need one more season to complete a most brazen two-year tanking cycle. The Sixers didn't invent the idea of gutting a roster to short-circuit a path to the No. 1 overall pick, only perfected the pursuit.
The strategy of Philadelphia general manager Sam Hinkie – who came with his ownership's full endorsement and support – has inspired an immense level of resentment and disdain within the NBA. There's a movement to punish the Sixers and discourage the practice. So on Wednesday, the league's owners will vote to change the way bad franchises bottom out for the chance to select transcendent talents.
Philadelphia's campaigning to ease the implementation of the rule over the next several years has struggled to gain traction, but there's been an improbable voice that has risen in recent weeks, advocating a stay of execution for the current system: Oklahoma City Thunder general manager Sam Presti.
The Minnesota Timberwolves are shopping forward Chase Budinger in trade talks, league sources told Yahoo Sports.
Among talks with several teams, the Detroit Pistons and Houston Rockets have shown an interest, league sources said.
Houston is reluctant to take on the $5 million player option Budinger’s deal has in 2015-16, as are the Pistons, sources said. Nevertheless, the Pistons are taking a long look at Budinger and considering the possibility of making a deal. No trade is considered imminent for Budinger.
Detroit lost shooting guard Jodie Meeks for two months because of a fractured back.
The Wolves have a glut of forwards, and Budinger could struggle to find minutes this season. Budinger also is guaranteed $5 million for the 2014-15 season.
Budinger, 26, averaged 6.7 points for the Wolves a season ago. Budinger played three seasons in Houston after getting drafted in the second round in 2009.
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After some initial uncertainty, the New York Knicks plan to pick up the third-year contract option for guard Shane Larkin, league sources told Yahoo Sports.
The Knicks have been satisfied with Larkin, 22, in the preseason, and will guarantee the $1.67 million on his contract for the 2015-16 season.
The deadline for guaranteeing the third-year option comes at the end of October.
As Knicks president Phil Jackson plans to use significant salary cap space for high-profile free agents in the summer of 2015, he’s been cautious on committing guaranteed money to the payroll. In the preseason, Larkin has averaged 2.5 points and 1.5 assists in 20 minutes per game for New York.
New York acquired Larkin, guard Jose Calderon and center Sam Dalembert from Dallas as part of a deal for center Tyson Chandler and guard Raymond Felton in June.
Larkin was the 18th overall pick in the 2013 NBA draft in which he was part of a deal from Atlanta to Dallas. He averaged 10.2 minutes per game as a rookie for the Mavericks in the 2013-14 season. Larkin was an All-ACC player at the University of Miami.
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Five-time NBA All-Star Chris Webber is part of a potential ownership group that has submitted a letter of interest to the NBA about its desire to purchase the Atlanta Hawks, league sources told Yahoo Sports.
Webber would have a modest financial investment in the partnership, but is expected to emerge as a face of the bid with an ultimate goal of becoming a prominent figure on the basketball side for the Hawks, league sources told Yahoo Sports.
The primary investors are expected to become public in the near future, sources said. Several prominent groups with interest in buying the Hawks are also expected to become known soon.
Webber, 41, has had a home in Atlanta for the past decade and has been working to connect with community officials and organizations to make a case for reselling the organization to an increasingly dubious public.
Webber was a five-time All-NBA player in his 15-year career, including stops in Golden State, Washington, Sacramento, Philadelphia and Detroit. He was the No. 1 overall draft pick in 1993 out of the University of Michigan. He's working as a television analyst for TNT and NBA TV, based out of Atlanta now.
- Adrian Wojnarowski at Yahoo Sports16 days ago
Michael Beasley has left the Memphis Grizzlies' training camp and signed a one-year deal with the Shanghai Sharks of the China Basketball Association, agent Jared Karnes told Yahoo Sports on Thursday.
Beasley had come to the Grizzlies’ camp on a non-guaranteed deal and his chances of making the opening night roster were still uncertain. The opportunity to accept a lucrative one-year deal with Shanghai proved too difficult to pass on.
Beasley hadn't been well enough to travel with Memphis on its current two-game preseason road trip, and as one team official said, "That was going to make it much harder for him to make the team."
Once the CBA season ends in March, Beasley will be free to sign with an NBA team.
The Sharks are owned by Yao Ming, the former Houston Rockets star.
Beasley, 25, had slipped from the No. 2 overall pick in the 2008 draft to a journeyman trying to secure a minimum-salary NBA contract. He played 55 games for the Miami Heat a season ago, averaging 15 minutes and nearly eight points a game. He played well at times for the Heat, but was left out of the team's playing rotation in the playoffs.Fri, Oct 24Miami104 - 98MemphisGame Recap
- Adrian Wojnarowski at Yahoo Sports17 days ago
The Sacramento Kings have hired an NCAA Division III assistant coach to become head coach of their NBA Development League affiliate in Reno, league sources told Yahoo Sports.
The Kings have reached agreement with Grinnell (Iowa) College assistant David Arseneault Jr., presumably to try and incorporate the Division III program's well-chronicled high-scoring offensive system into the Bighorns.
Arseneault Jr. has been an assistant coach and point guard under his father, David Sr., as Grinnell has routinely set scoring records on the small college level. Grinnell averaged 116 points in the 2013-14 season.
It appears the Kings will try and follow the blueprint of the Houston Rockets, who hired a Division III coach, Nevada Smith, to bring a focus of three-point shooting and scoring to their D-League franchise.
Arseneault will replace coach Joel Abelson, who led Reno to the playoffs a year ago. Abelson left Reno to accept a job with the New York Knicks organization.
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