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    Rockets sign Rafael Castro to two-way contract

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    HOU Forward-Center
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    Rockets signed Rafael Castro to a two-way contract.

    Not selected in June’s draft after two quality seasons at George Washington, Castro was initially reported to have signed with the Bucks on a two-way deal. However, the deal was never finalized, opening the door for Castro to sign with the Rockets. To make room for Castro, the Rockets have waived two-way guard Tristen Newton.
Raptors confident in Kawhi's health with extension
Dan Le Batard examine the Toronto Raptors' willingness to sign Kawhi Leonard to a two-year extension.

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    Having appeared in nine total NBA games in his first two professional seasons, Newton is looking to use summer league as a springboard into a greater opportunity in 2025-26. The former UConn standout put up 20 points on good shooting numbers on Thursday, and the victory may be enough to push Houston into Saturday’s semifinals. Newton is unlikely to be in a position where he can offer reliable fantasy value once the season begins. Still, a good finish to the summer could ensure him a longer look from Rockets decision-makers.
  • HOU Guard #00
    A second-round pick in the 2024 draft, Newton has appeared in nine NBA games during his first two seasons, spending most of his time in the G League. The Rockets’ guard is coming off an excellent season with the franchise’s G League affiliate, and the hope is that Newton plays well enough in Las Vegas to earn a longer look in 2026-27. Newton didn’t have the best game against the Raptors, struggling from the field and not recording an assist. However, his production improved over his output in Friday’s win over the Nuggets, and the ball was in rookie Bruce Thornton’s hands quite often. Given Houston’s depth at point guard, Newton faces long odds of being fantasy-relevant next season.
  • MIL Forward-Center
    Milwaukee added Castro on a two-way contract after he went undrafted last month. The big man out of George Washington didn’t do much scoring, but he was able to make an impact on the defensive end. It will be difficult for him to carve out a role in Milwaukee this season, but if he does, he’s more than capable of providing value in multiple numbers, which should play well in fantasy basketball.
  • MIL Forward-Center
    A seldom-called-upon role player in his two seasons at Providence, Castro flourished after transferring to George Washington ahead of the 2024-25 season. As a senior, the 6-foot-9 pivot averaged 15.3 points, 9.1 rebounds, 1.7 assists, 1.8 steals and 1.7 blocks in 27.3 minutes, shooting 62.7 percent from the field and 66.1 percent from the foul line. While undersized for a potential NBA center, Castro’s athleticism and motor can help him compensate for that.
  • IND Point Guard
    Newton spent the first three seasons of his collegiate career at East Carolina before transferring to UConn for the last two. Newton led the Huskies to back-to-back national championships as the team’s starting point guard, improving his production from 2022-23 to 2023-24. In his final season with UConn, Newton averaged 15.1 points, 6.6 rebounds, 6.2 assists, 0.9 steals, 0.3 blocks and 1.8 triples. He led his team in scoring, assists, and made free throws (4.2 / 5.2) and finished behind only Donovan Clingan for the team lead in rebounds. Newton was named Most Outstanding Player of the 2023-24 NCAA Tournament and earned the Bob Cousy Award as the nation’s best PG. His 41.5 / 32.1 / 80.8 shooting splits will likely move him down draft boards, but he brings championship experience and a winning attitude to the NBA. At first glance, Indiana isn’t the best landing spot for Newton due to the team’s loaded backcourt. However, holding onto Andrew Nembhard could get expensive if he decided to test free agency in the summer of 2025.

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    Buddy Hield was acquired by the Bulls from the Hornets in exchange for Rob Dillingham, reports ESPN’s Shams Charania.

    The Bulls also acquired cash as part of the deal. Chicago gets a veteran shooter in Hield, who was traded by the Hawks earlier this week. He averaged 7.6 points in 51 games last season. Hield can still shoot, but doesn’t offer much more to fantasy managers at this point in his career.
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    Rob Dillingham was acquired by the Charlotte Hornets from the Chicago Bulls in exchange for Buddy Hield and cash, reports ESPN’s Shams Charania.

    The Hornets create a $9.4 million trade exception as part of the deal. The Bulls get cash to make up for the difference in salaries. Dillingham averaged 9.6 points in 30 games with the Bulls last season. He should have a regular bench role with the Hornets.
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    ESPN’s Shams Charania reports that Stephen Curry and the Warriors have agreed to a two-year, $116 million extension.

    The new contract includes a player option for the 2028-29 season, and all but ensures that Curry will end his NBA career with the only franchise he’s played for. Injuries limited him to 43 games last season, but the future Hall of Fame guard appeared in 70 or more in each of the two seasons before that. As long as Curry can remain relatively healthy, he should once again provide fantasy managers with excellent value.
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    The Hornets announced Friday that Grant Williams (hamstring) will be re-evaluated during the first week of the regular season.

    Williams is one of two Hornets ruled out for the preseason due to hamstring injuries; Kon Knueppel is the other. The 6-foot-6 forward suffered a right hamstring injury during an offseason on-court activity and will be re-evaluated during the first week of the regular season. While Williams’ injury leaves the Hornets down an option in the frontcourt, it does not significantly impact fantasy basketball.
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    Kon Knueppel (hamstring) will miss the preseason and be re-evaluated during the first week of the regular season.

    Given how well Knueppel played as a rookie and the Hornets’ decision to move on from LaMelo Ball and Miles Bridges, Friday’s news gives his 2026-27 season a brutal start. At a minimum, the runner-up for Rookie of the Year will be sidelined for four weeks, and that’s just for him to be re-evaluated. According to the Hornets, Knueppel suffered the left hamstring injury during an offseason on-court activity. His absence boosts the early-season values of Brandon Miller and Coby White while also making Grayson Allen a more viable late-round option in drafts.
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    NBA insider Jake Fischer reports that the Clippers intend to waive Jamarion Sharp.

    Signed to a two-way contract on August 7, Sharp is still working toward his official NBA debut. The 7-foot-5 center spent the last two training camps with the Mavericks on Exhibit 10 deals, playing for the franchise’s G League affiliate after being waived on both occasions. Waiving Sharp frees up a two-way contract slot for the Clippers, who now have two available.
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    Grizzlies waived D’Angelo Russell

    Friday’s news was unsurprising, as it was reported in late July that the Grizzlies were working with Russell to find the veteran point guard a new home. He appeared in 26 games for the Mavericks last season before being sent to Washington in the Anthony Davis trade. Russell never reported to Washington and was then sent to Memphis as part of a six-team deal in early July. Russell is unlikely to find a situation that makes him fantasy-relevant this season.
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    Mavericks signed Dwight Powell.

    The long-time Maverick will have an opportunity to compete for a roster spot when the team opens training camp next week. Powell appeared in 63 games last season, starting 12, and averaged 3.3 points and 4.1 rebounds per game. With Daniel Gafford and Dereck Lively II healthy, and the additions of Santi Aldama and Morez Johnson Jr., Powell faces tough odds to earn rotation minutes if he makes the Opening Night roster.
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    Walker Kessler (shoulder) has been fully cleared for all basketball activities after undergoing season-ending shoulder surgery in November.

    During Lakers media day, president of basketball operations Rob Pelinka said Kessler is “fully healthy and cleared” to resume all basketball activities. After undergoing season-ending shoulder surgery last year, Kessler should enter training camp without restrictions and appears on track to be available for the start of the season. The 24-year-old center spent the first four years of his career with the Utah Jazz, and is expected to have a large role in Los Angeles.
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    NBA Insider Jake Fischer reports the Clippers have waived Johni Broome.

    Broome was dealt to the Clippers in July to help keep the 76ers under the aprons, and the only return LA had to part with was cash. That wasn’t enough for them to keep him around, as this move will get them under the roster limit. Broome will likely find a two-way contract on a different team ahead of the season.