NBA rumors: Derrick Jones to pick up player option, won't hit free agency

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Still, Jones delivered the line in his next meeting, with a delegation from the Portland Trail Blazers. “If I was to come there, I believe that me and Robert Covington could help the team a whole lot,” Jones said, adding that he hoped to be named defensive player of the year in the future. “On defense, I’m going to be guarding the best players. That’s what I want.” The Portland call lasted nearly an hour, with Jones engaged and asking questions. He appeared ready to commit in the moment. “By the end of the night, we’ll get back to you,” Turner said, ending the call.
Turner learned from other sources throughout the evening that the Trail Blazers were not bluffing. Jones needed a couple of minutes. He had decided to listen to pitches at the hotel rather than at his residence because he wanted a quiet spot to contemplate with his team. Now he had left the room and ventured outside for some fresh air and to consult with his father over the telephone. Minutes ticked. Turner was antsy. He worried that the Portland deal could slip away. Where we at? Turner texted. Lock it in. Portland. Jones responded.
The Portland Trail Blazers have signed free agent forward Derrick Jones Jr., it was announced today by president of basketball operations Neil Olshey.
According to a league source, the Heat has expressed interest in re-signing impending free agent forward Derrick Jones Jr. But with Miami expected to try to avoid the luxury tax this upcoming season, Jones could end up signing elsewhere if the math does not work out with the Heat.
Five Reasons Sports Network: Riley said DJJ was squeezed out this season by Andre and Jae. “I feel bad for Derrick.” Says they will speak on contract.
Chicago might be poised to become the slam dunk champion capital of the world. The Bulls already employ a two-time title-holder in Zach LaVine, and hang the jersey of another from the United Center rafters in Michael Jordan. This offseason, they’re also expected to pursue signing 2020 dunk contest winner Derrick Jones Jr. — who won his in Chicago — away from the Heat in free agency, according to Barry Jackson of the Miami Herald. “Detroit (Pistons), Chicago and Atlanta (Hawks) are among the teams expected to have interest in Jones, according to a source,” Jackson writes. “He likely will generate some interest on the open market because of his athleticism, defensive acumen, youth (23) and the belief that he hasn’t reached his ceiling offensively.”
Jones, 23, will be a sought-after unrestricted free agent. Teams such as Cleveland, Charlotte and Atlanta among others are expected to express interest, sources said. The 2020 dunk contest winner had a career season, averaging 8.5 points, four rebounds and one steal in 23.3 minutes a night.
Miami swingman Derrick Jones Jr. is on the radar. Memphis swingman Josh Jackson makes sense as a reclamation project. If the Cavs don’t draft a big and Tristan Thompson leaves in free agency, then taking a risk on former first-round pick Harry Giles would make sense. The Cavs could also split up the mid-level and use a large chunk on one player and the leftovers on another. With Matthew Dellavedova and Thompson both unrestricted free agents and Ante Zizic already signing overseas, the Cavs have a few roster spots to fill before the 2020-21 season.
It looks like Heat impending free agent forward Derrick Jones Jr. is willing to accept the risk. At this point, the 23-year-old Jones plans to play when Miami’s season resumes. “Honestly, I haven’t been thinking about it much,” Jones said to the Miami Herald of becoming an unrestricted free agent this offseason. “I just focus on the task at hand. My task at hand is to make the playoffs this season, and we did it. My next task is to make it as far as we can in the playoffs and try to contend for a title. That’s what I got on my mind right now, and that’s what I’m thinking about right now. When that time comes for free agency, that’s honestly when I’m probably going to think about it.”
Whatever happens, Jones hopes to re-sign with the Heat in free agency this offseason and he hasn’t been shy about making that known. It’s one of the reasons he feels so compelled to participate in the restart despite the injury risk, as a sign of loyalty to the Heat. “The team gave me my first opportunity really in the NBA,” Jones said when asked why he hopes to re-sign with Miami. “When I first came here on my two-way [contract], coach [Erik Spoelstra] threw me in the fire a lot. ... He just always gave me a shot, and I just had to take full advantage of every opportunity he gave me.
I expect Cleveland to take a long look at Miami’s Derrick Jones Jr., a high-flying 6-6 combo forward who is only 23, but the Cavs will have a lot of company. Even with a full MLE offer, I’m not sure the Cavs can win here.
Arguably no player fits into that category more than Derrick Jones Jr., who, even in these depressed economic times, stands poised for a major raise from the minimum-scale $1.6 million he is earning in this final season on his Miami Heat contract. The options, beyond opting out of participation in an NBA return, have proved limiting. Amid the coronavirus pandemic, and even before, insurance policies against future earnings have been prohibitively costly, if available. In addition, there has been no traction regarding players in such position being allowed to re-sign in advance of an NBA return.
That also was a juncture when it seemed unfathomable that an NBA restart might not come until late July or, as recent speculation has hinted, August. It is a time frame that has Jones now at risk of injury under lower pay at a time when he otherwise could have been set with a contract paying eight figures annually.
Up-tempo teams in need of help at either forward spot should be digging on Jones, especially since his best years should still be ahead. He’s an unrestricted free agent who, like Wood above, carries a low cap hold of just $1.7M, and he has full Bird rights with Miami. However, the Heat may get squeamish about paying him past next summer, when they’re trying to keep their cap space powder dry for a run at an elite free agent (coughGianniscough). That could provide an opportunity for another team to swoop in and grab Jones.
The Bulls have been putting both point guard Goran Dragic and small forward Derrick Jones Jr. under the microscope the last month, and are hoping the new hire – or hires – will be aggressive on the trade front to move a tight cap corner that they have painted themselves into.
Anthony Chiang: Derrick Jones Jr. said he hasn't thought much about his impending free agency yet. He's set to become a free agent this summer. "I want to be in Miami," Jones said.
Albert Nahmad: Derrick Jones Jr.’s $1.6M salary is now fully guaranteed. He’ll be an unrestricted free agent next summer, and the Heat will have his full Bird rights (at the cost of a $1.7M minimum-salary cap hold).
Derrick Jones Jr. signed a standard NBA contract with Miami on Sunday after playing on a two-way deal with the organization last season. The contract agreed upon is for two years with a starting salary of about $1.5 million for this upcoming season, according to a source. The first year of the contract is guaranteed and the second year is not. “My main goal wasn’t to get back on a two-way contract,” Jones said after practice in Sacramento in preparation for summer-league play. “I was doing my best to get signed to a regular NBA contract because that’s what I started at. I didn’t want to be on a two-way. It’s stepping stones you have to go through in your life. You have to battle through adversity. Ever since I was a kid, I’ve been battling through adversity. It never brought me down. It was just a surreal moment for me last night when I signed that contract.”
“Since I put the Heat jersey on I knew I wanted to be a Heat Lifer,” Derick Jones Jr. said. “It’s just the culture. I came in and they embraced me with open arms like I was their long lost little brother. Ever since then I’ve been grateful for my teammates, grateful for the coaching staff, the whole organization. It’s been great ever since I’ve been here just having the whole organization behind you and knowing that people believe in you. It brings your confidence to whole other level. I feel I’m playing my best right now.”
Barry Jackson: Per source, Derrick Jones Jr. agreed to a two-year regular contract (not a 2-way deal) with the Heat today. Miami can sign 2 players to two-way deals if it wishes, with Heat having previously made offer sheet to Derrick Walton Jr. for one of those slots if the Heat chooses.
Anthony Chiang: Derrick Jones Jr. was signed to a minimum deal worth about $1.5 million. It's a two-year contract, according to a source.
The Miami HEAT announced today that they have signed forward/guard Derrick Jones Jr. As per club policy, terms of the deal were not disclosed. Jones Jr., who was originally signed to a two-way contract by the HEAT on December 31, 2017, appeared in 14 games (eight starts) with Miami last season and averaged 3.7 points and 2.4 rebounds in 15.2 minutes of action.
Albert Nahmad: Heat have tendered qualifying offers to both Derrick Walton Jr. and Derrick Jones Jr., making them restricted free agents with $1.3M cap holds. Coming off two-way contracts, their qualifying offers will be another two-way, for the $77,250 two-way salary, with $50,000 protected.
Barry Jackson: Heat has issued qualifying offer to Derrick Jones Jr, source confirms. So he is restricted free agent.
The Miami HEAT announced today that they have waived Matt Williams Jr. and signed forward/guard Derrick Jones Jr. to a two-way contract. As per club policy, terms of the deal were not disclosed. Jones Jr. appeared in 16 games (11 starts) with Phoenix’s G League affiliate, the Northern Arizona Suns, this season and averaged 15.4 points, 7.2 rebounds, 1.88 blocks, 1.8 assists, 1.19 steals and 29.1 minutes while shooting 48.5 percent from the field. He has also appeared in six games with Phoenix this season totaling nine points, four rebounds, four blocks, three assists and a steal in 33 minutes of action while shooting 50 percent (2-of-4) from the field and 83.3 percent (5-of-6) from the foul line.
Jared Dudley: Happy for D.Jones!!!!

https://twitter.com/ShamsCharania/status/947518515472461824
Ira Winderman: Miami Heat will waive Matt Williams Jr. to clear a roster spot, the Sun Sentinel has learned.
Shams Charania: Jones, an athletic wing, could receive strong interest in waiver process in the second season of a 4-year contract. Suns discussed other deal concepts with James, but agreed on remainder of year and he’ll reach RFA in July, sources say. twitter.com/shamscharania/…
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September 27, 2021 | 8:29 am EDT Update
After weeks of conversation with James, Davis and then-Lakers forward Jared Dudley, who emerged as a sort of consigliere to the Lakers’ superstars in these meetings, Westbrook believed he was on his way to L.A. For years he had angled to get home, and now everything was lining up for it to finally happen. There was only one problem: The Lakers’ efforts to complete the fairytale had been repeatedly stymied by the Wizards’ refusal to make Westbrook available because, sources said, they still planned on moving forward with the Westbrook-Beal backcourt. Westbrook, for his part, would have played out the remaining two seasons on his deal if a trade hadn’t materialized. “No one thought that Russ would get out,” said one source close to the discussions.
On Sunday, the Lakers reached agreement on a two-year deal with guard Austin Reaves, converting his two-way contract to a standard NBA deal ahead of training camp. The Lakers will have a team option on the second year of Reaves‘ contract, sources said. Reaves, a 6-foot-5 combo guard, has impressed the Lakers throughout the offseason and had a strong showing at James’ minicamp. James and Westbrook even had the rookie conduct some fun-loving errands throughout the weekend in Vegas.
Sources said Pelinka and his front-office group strongly considered executing a sign-and-trade for the 32-year-old DeRozan, giving up Kuzma and Caldwell-Pope in the process, but couldn’t come to consensus terms with the Spurs in free agency or a suitable contract number for DeRozan. What’s more, sources say the DeRozan option never advanced to the point that it was presented to Buss.