NBA rumors: Magic sign Admiral Schofield to two-way deal

More on Admiral Schofield Free Agency

The Orlando Magic have waived guard Jeff Dowtin, guard Hassani Gravett, guard-forward B.J. Johnson and forward Admiral Schofield, President of Basketball Operations Jeff Weltman announced today. Orlando’s roster now stands at 16 players (see below) Dowtin (6’3”, 185, 5/10/97) was originally signed by Orlando as a free agent on September 8. He played in three preseason games with the Magic, averaging 4.7 ppg. and 1.3 apg. in 8.7 minpg.
Josh Robbins: As I reported two days ago, the Magic intended to sign Admiral Schofield to a 10-day contract and had been granted an injury hardship exception to open a roster spot for him. But in the last 24 hours, a glitch in the Magic's plan has arisen, and the team will not be signing him.
Josh Robbins: The Magic intend to sign Admiral Schofield to a 10-day contract, with a roster spot created via an injury hardship exception that has been approved by the NBA, league sources tell me and @Shams Charania.
This rumor is part of a storyline: 8 more rumors
More HoopsHype Rumors
May 26, 2022 | 11:38 am EDT Update

Cavaliers want to retain Collin Sexton

Michael Scotto: The Cavaliers want to retain Collin Sexton. He’s going to demand starting guard money, I’m told. There are some teams who will be in the market for a point guard this summer, including the New York Knicks and Washington Wizards, who would have to acquire Sexton in a sign-and-trade if they want to get him. Last season, no restricted free agent signed an offer sheet, and players such as Cavaliers forward Lauri Markkanen switched teams via sign-and-trade.
This rumor is part of a storyline: 7 more rumors
Chris Fedor: My sources tell me at the end of the Sexton negotiations, the two sides were kicking around Bogdan Bogdanovic money, so around $18 million annually. I get the sense that the Cavs are more comfortable in the range of $15-18 million (annually). I think Collin is looking more in the range of $18-22 million (annually). I do think there’s a gap they need to close this offseason.
Chris Fedor: One team the Cavs are internally wondering about, not necessarily what they’re worried about, is the Detroit Pistons. To get some kind of lethal scorer next to Cade Cunningham and take some of the ball-handling responsibilities and pressure off him. My sources tell me the Cavs do not believe there is a team out there that is going to give Collin a contract north of $20 million annually.
Storyline: Collin Sexton Free Agency
Michael Scotto: One executive told me, “I think Caris LeVert will get around $20.5 million per season on an extension. That’s a little too rich for me, but I believe Cleveland will pay him that if they want to extend him.” Another executive said, “Caris is interesting due to his injury history. A short-term extension around the number he’s on would be good value.” He’s making about $19 million.
Chris Fedor on trade candidates to watch: Here are the names that I’ve heard: I think both (Bojan and Bogdan) Bogdanovics would make sense. Gordon Hayward, whose salary lines up with Kevin Love… Tobias Harris, Harrison Barnes, Gary Trent Jr., Jeremi Grant, Aaron Gordon. And this is one that I’m watching. I think it’s less likely than it was when the postseason started, but it’s one that I’ve heard kicked around inside the walls of Cleveland. It’s Andrew Wiggins of the Warriors.

Cavaliers interested in Mike Conley

Chris Fedor: There’s another name, too, since they need a reliable backup point guard that can start, and I’ve heard this name with the Cavaliers as well. My sources tell me JB Bickerstaff would love to coach him again, Mike Conley. If Utah decides to move him in an effort to put the right pieces around Donovan Mitchell and shake up that roster. Conley for somebody like Caris LeVert is something I think the Cavs would consider.
This rumor is part of a storyline: 122 more rumors

Ricky Rubio and Cavs have mutual interest in reunion?

Chris Fedor: My sources tell me there’s mutual interest in that (Ricky Rubio) reunion. In fact, some people are essentially penciling him in as on the roster. I wouldn’t go that far with it. It’s complicated because even though he’s a great fit, there are some variables here. How good and effective is he going to be coming off a second torn ACL? You’re not going to get him until about midway through the season. The earliest would be November or December.