NBA rumors: Lakers, Celtics, Sixers interested in Reggie Bullock

In coach Tom Thibodeau’s words, the Knicks are looking at July 29’s draft for “wings and shooters.’’ They have one in their midst who performed admirably during their 41-31 season. But they could lose him to a division rival in free agency if they don’t step up, The Post has learned.

More on Reggie Bullock Free Agency

According to an NBA source, two Atlantic Division squads, the Celtics and 76ers, have interest in Knicks swingman Reggie Bullock, who started all season at either shooting guard or small forward.
The source said the Lakers, whom Bullock played for in 2018-19 alongside LeBron James, also have Bullock on their list.
Bullock’s preference is to stay with the Knicks, but he likely will command the full mid-level exception of $9.23 million. One source believes Bullock, who turned 30 in March, will seek a three-year deal.
The Knicks have some decisions to make at the guard/wing position this offseason. Reggie Bullock and Alec Burks are free agents. To keep both players, the Knicks will probably have to sign them through at least 2022-23. Is New York willing to use cap space to bring back both players? That’s unknown.
Midway through the regular season, at least one Knicks decision-maker wanted to bring back Burks, Bullock and Nerlens Noel. The thinking at the time: These 2021 free agents helped us exceed expectations, so why not bring them back? That was prior to the Knicks’ strong close to the regular season (16-4) and their disappointing playoff performance against the Atlanta Hawks.
The starting shooting guard all season helped his market value significantly after the club re-upped on his $4.2 million team option. With his “3-and-D’’ prowess on a winning team, NBA executives believe Bullock likely will be had for the mid-level exception (up to $9 million-$10 million). One source said the 30-year-old prefers a four-year package.
Marc Berman: As expected, Knicks plan to exercise $4.2M option on swingman Reggie Bullock today. Is a no-brainer as 3 and D guy. Thibodeau likes defense and veterans. Bullock missed OTAs because girlfriend having twins, as we reported.
A big factor in the Knick offseason is what the club chooses to do with Taj Gibson, Bobby Portis, Elfrid Payton, Wayne Ellington and Reggie Bullock. The Knicks have considered scenarios where they pick up the option for Payton and retain Bullock, per SNY sources.
The idea of taking a bad contract into cap space could be one of several avenues the Knicks are considering this offseason. Depending on what they decide to do with the contract options for Bobby Portis, Wayne Ellington, Taj Gibson and Reggie Bullock, New York could have more than $60 million in cap room in the offseason. The Knicks, who told teams recently they’d be open to taking on a bad contract, have not made decisions on any players with options yet.
Bullock, coming off spinal-fusion surgery that delayed his Knicks debut until January, is a free agent. The Knicks have to decide whether to enforce the final guaranteed year for the 29-year-old swingman — at a team-friendly $4.2 million. Originally, the Knicks had to make that decision by June 28 but when the season/free agency was delayed, so was that deadline.
In addition, the spokesman for LGBT issues still will be on the cap for $1 million even if they waive him. Lastly, Bullock is also close with Thunder point guard Chris Paul, having played on the Paul-sponsored AAU team “CP3 All-Stars’’ in North Carolina. Late in the season, Paul rocked a No. 25 Bullock Knicks’ jersey to a game. Knicks president Leon Rose has his former favorite client, Paul, on his trade radar.
With a plethora of open roster spots next season because of their glut of one-year free-agent signings, Bullock’s modest option year is likely to be picked up, according to an NBA source.
Ian Begley: Reggie Bullock has signed a 2-year deal with the Knicks for less than the $4.7 million exception. His agent, David Bauman, says the “Knicks were fantastic through this process.”
Marc Berman: As reported here earlier this month, Damyean Dotson will not be cut today before his $1.5M contract for next season becomes guaranteed by midnight. Despite his shoulder rehab, Dotson figures more in plans with Reggie Bullock’s lingering plantar fasciitis.
Ian Begley: A league source confirms that Marcus Morris will sign a one-year deal for roughly $15 million with the Knicks. New York is also expected to reach an amended agreement with Reggie Bullock, per sources. The Athletic first reported Morris’ agreement with the Knicks.
There remains mutual interest between the Knicks and Bullock to negotiate a new deal after a medical issue hampered their original agreement, sources said. Bullock's agent, David Bauman, and the Knicks continue to work together on a new agreement for the six-year veteran. The medical issue that caused a hiccup is unclear, but Bullock has dealt with plantar fasciitis in the past. The Knicks originally agreed to a two-year, $21 million deal with Bullock that contained a player option in Year 2.
The Knicks have announced the signing of five players but not shooting guard Reggie Bullock, whose signing is on hold. An NBA source indicated an issue with his physical has delayed his signing.
Ian Begley: A league source confirms @wojespn’s report that the Knicks and Reggie Bullock are re-working their original 2-year, $21 million agreement. The original deal contained a team option for Year 2. Bullock’s medical issue is unclear.
Mike Vorkunov: Knicks and wing Reggie Bullock have agreed on a 2-year, $21 million deal after Bullock met with Knicks brass in Beverly Hills tonight, as @Shams Charania reported. Knicks need shooting and Bullock, a 39% career 3-pt shooter, helps. They've spent about $135 million today in all.
Mike Vorkunov: The Knicks will meet with Reggie Bullock tonight in Los Angeles, according to a league source. Bullock is a 39 percent career 3-point shooter and the Knicks need a shooter. Bullock played for the Pistons and Lakers last season.
Dave McMenamin: Lakers free agent guard Reggie Bullock has a free agency meeting planned with the Knicks in Los Angeles on Sunday night, sources told ESPN. The six-year vet is a career 39 pct 3-point shooter.
If the Knicks sign both of those players - or even if they strike out on them - they have their eyes on two veteran free agents. New York is expected to show interest in veteran guards George Hill and Wayne Ellington when free agency officially begins on Sunday, per SNY sources. The Knicks are among the teams who will have interest in Reggie Bullock, per SNY sources. There is mutual interest between New York and Bullock, SNY sources say.
That means the Warriors will need one of three things to happen. First, they can hope for a repeat of the scenario that played out last summer with Cousins: A free agent doesn’t receive the offers he expects to land and decides that he’d rather take less money to play one season in Golden State before reentering the market the following summer. Sources mentioned Reggie Bullock and Kentavious Caldwell-Pope as players who could potentially find themselves in that situation.
The source also said Reggie Bullock enjoyed his role as second fiddle to Blake Griffin in the Pistons’ oft-used DHO actions. Furthermore, Bullock is fond of the Michigan lifestyle, per the source. Following the trade, the source said that Bullock understood the business aspect of the decision and would still be willing to return to the Pistons as a free agent if, again, the finances were in order. Bullock has been in the league since 2013 and hasn’t made more than $2.5 million in a season.
Vincent Ellis: And from what I’m hearing, #Pistons are also interested in bringing him back. Depends on what Bullock can get elsewhere. Played poorly for Lakers so price may go down. #Pistons just have MLE and part of it likely goes to PG.
While he presumably will garner some interest from other teams, Bullock already expressed interest in re-signing. “I would love to be back here with the Lakers,” he said. “I was a fan of this organization pretty much my whole life, and the connection me and ‘Bron are building, it’s continuing to build trust. We’ll see how it plays out in the summer.”
Bullock, making $2.5 million this season, will be an unrestricted free agent this offseason so the Pistons must weigh re-signing him, trading him or risk losing him for nothing. The Pistons would like to re-sign Bullock and Smith (also a free agent) this offseason, according to the team source. It makes for a tricky situation. There are certain trade proposals that would be a no-brainer. If a team offers a first-round pick, it would be smart for the Pistons to move Bullock. Adding a solid first-rounder to their own pick would go toward the Pistons accumulation of assets. But a second-rounder? The decision becomes hazy.
The Pistons retained wing Reggie Bullock by exercising their team option for an economical $2.5 million for next season. It was a predictable outcome for Bullock, who had a breakout season with career highs of 11.3 points, 2.5 rebounds and 44.5 percent on 3-pointers — which ranked second in the NBA — last season.
Barring a major trade, the Pistons won’t be very active during the draft or during free agency. They have no first-round selection in the draft on June 21 — their No. 12 pick was sent to the Los Angeles Clippers in the Blake Griffin deal — and they likely won’t find an impact player with their second-round pick (42nd overall). They will pick up the team option on Reggie Bullock for $2.5 million by July 15 and they’ll have to make decisions on whether to fully guarantee the contracts of Eric Moreland ($1.8 million) and Dwight Buycks ($1.6 million).
Market value and a rising salary cap in 2017-18 could mean Caldwell-Pope, 23, could command around $20 million a season. Re-signing him — and the Pistons have said they want to — would push them into the luxury tax, a play team owner Tom Gores has said he's willing to make. "I don't look at it as a necessity, but we would like to get something done," Van Gundy said. "We like both guys; we'd like to have them around long-term. But it has to be something obviously that works for both sides. At this point, we don't have that."
With roughly 24 hours remaining before the deadline for contract extensions for swingmen Kentavious Caldwell-Pope and Reggie Bullock, Detroit Pistons coach Stan Van Gundy told the Free Press this morning “it’s hard to be optimistic.” Caldwell-Pope and Bullock would become restricted free agents next off-season if they don’t sign agreements by 5 p.m. Monday. “We don’t have anything yet,” Van Gundy said. “We still would like to, but it’s not the end of the world. On those things, it’s gotta be something that both sides feel good about.”
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