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    Shams: Naz Reid headed to Hornets in LaMelo trade

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    CHA Center-Forward #11
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    ESPN’s Shams Charania reports the Hornets have acquired Naz Reid, a 2033 unprotected first-round pick, three first round pick swaps and three second-round picks from the Timberwolves in exchange for LaMelo Ball and Josh Green.

    Reid had a breakout season for the Timberwolves in 2023-24 when he won Sixth Man of the Year while averaging 13.5 points, 5.2 rebounds and shot 41 percent from three-point range. He finished in the top five of Sixth Man voting each of the last two years as well. Reid signed a multi-year contract with Minnesota less than a year ago, but will now find himself in Charlotte as part of the return for LaMelo Ball. Reid should have a similar role with the Hornets either as a starter or premiere bench option. He joins a frontline that also includes Moussa Diabate, Ryan Kalkbrenner and newly drafted Hannes Steinbach.
Is Peterson the frontrunner for Summer League MVP?
Vaughn Dalzell and Drew Dinsick evaluate the NBA Summer League MVP contenders including the Utah Jazz's Darryn Peterson or Ace Bailey and Golden State Warriors' Yaxel Lendeborg.

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    Pete Nance agreed to a two-year, minimum contract with the Bucks, according to NBA Insider Jake Fischer.

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    Jordan Clarkson agreed to a one-year, $3.9 million contract with the Knicks, reports ESPN’s Shams Charania.

    It’s a veteran minimum deal for Clarkson, who turned 34 last month. He served as valuable depth during the Knicks’ championship run and will take on a similar role next season. With the Knicks aiming to be under the second apron, Clarkson is an important value signing for their offseason.
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    Myron Gardner (ankle) will not play in Summer League.

    Gardner sprained his left ankle during Miami’s first California Classic game on Friday and has since been sent back to Miami to undergo further treatment. The 6-foot-6 wing appeared in 45 games as a rookie, averaging 3.6 points, 2.7 rebounds and 1.0 assist in 9.1 minutes. While Gardner is unlikely to be in a position to impact fantasy basketball next season, the Heat saw their depth take a hit with the Giannis Antetokounmpo trade. As a result, there may be a few more opportunities for Gardner to contribute.
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    Khobi Price of the California Post reports that the Lakers are interested in acquiring Jonathan Kuminga via sign-and-trade.

    While there is mutual interest between the Lakers and Kuminga, who is an unrestricted free agent after the Hawks declined his option, the two sides are reportedly far apart on a deal. With the Lakers’ activity at the start of free agency, they’re limited in how much money they can spend to fill their remaining roster spot. In fact, the Lakers would have to shed $20 million to pay Kuminga $10 million annually, and that price tag won’t get the job done. As a result, it’s been reported that the Lakers are interested in a sign-and-trade that would send Jarred Vanderbilt and a 2032 first-round pick to Atlanta. While Vanderbilt offers limited offensive production at best, he is a solid defender. However, his contract combined with a future first-round pick may not be all that appealing to the Hawks. Cleveland is also reportedly interested in Kuminga, but the chase for LeBron James takes priority for the Cavaliers.
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    ESPN’s Shams Charania reports that the Jazz signed Mo Bamba to a two-year deal.

    The sixth overall pick in the 2018 draft, Bamba is still looking to cement himself as a pro after an inconsistent run in Orlando to begin his NBA career. He’s appeared in 36 NBA games over the last two seasons, including four in 2025-26. Signed to a 10-day deal by the Jazz in March, Bamba played two games for Utah, corralling 20 rebounds. He made a good enough impression to earn a contract from Utah, but Bamba’s return is unlikely to affect fantasy basketball.
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    Circl City Spin’s Tony East reports that the Pacers plan to waive Micah Potter.

    News of the Pacers’ decision to move on from Potter came to light shortly after the team’s reported signing of veteran forward/center Larry Nance Jr. In his lone season with the Pacers, Potter started seven of the 47 games he appeared in, averaging 9.7 points, 5.0 rebounds, 1.5 assists and 1.5 three-pointers in 19.3 minutes. While Wednesday’s reported transaction does not affect fantasy basketball, Potter was productive enough last season to land elsewhere as a backup for the 2026-27 campaign.
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    HoopsHype’s Michael Scotto reports that the Nuggets are waiving Jonas Valančiūnas.

    The Nuggets had until the end of Wednesday to decide whether to fully guarantee Valančiūnas’ $10 million contract for next season. The veteran center had a $2 million partial guarantee before July 9; Wednesday’s reported transaction makes Valančiūnas a free agent once he clears waivers, saving the Nuggets some money. He appeared in 65 games last season, averaging 8.7 points, 5.1 rebounds and 1.2 assists in 13.4 minutes. Given last summer’s rumors that Valančiūnas was interested in returning to Europe, it may not be a lock that he remains in the NBA next season.
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    ESPN’s Shams Charania reports that Larry Nance Jr. has signed a one-year, $4 million deal with the Pacers.

    Nance Jr. logged a career-low 12.8 minutes per game across 35 appearances for the Cavs last season, and his role isn’t expected to expand with the Pacers. He’ll fight for backup minutes in the frontcourt with Jay Huff and Micah Potter, and Nance Jr. isn’t on the fantasy radar in most leagues.
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    ESPN’s Shams Charania reports that the Warriors decided not to match Quentin Post’s offer sheet, allowing him to join the Grizzlies.

    The Grizzlies will welcome another frontcourt player this offseason with the addition of Post, who joins newcomers Cameron Boozer, Isaiah Stewart and Jerami Grant. Post played two seasons with Golden State and averaged 7.8 points, 3.8 rebounds, and 1.5 three-pointers across 109 regular-season games. His value comes as a floor spacer, despite shooting only 33.6 percent from deep last season. He’ll have a chance to bounce back on a Grizzlies team entering a new era.
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    Henri Veesaar finished Tuesday’s game with 11 points (4-of-9 FGs, 1-of-2 FTs), five rebounds, four assists, one steal, one block and two three-pointers in the win over the Grizzlies.

    Veesaar logged 24 minutes and showcased some of the long-distance shooting that made him an intriguing prospect. He finished as one of six Hawks players to score in double figures, with his four assists being a nice bonus. Veesaar was selected in the second round of the most recent draft and could have a chance to play minutes for the Hawks this season. His progress will be worth following throughout the summer.