2024 NBA Free Agency: Grades for Every Signing from Day 3

Bleacher Report NBA StaffJuly 2, 2024

2024 NBA Free Agency: Grades for Every Signing from Day 3

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    CLEVELAND, OHIO - APRIL 22: Donovan Mitchell #45 of the Cleveland Cavaliers celebrates after scoring during the first quarter of game two of the Eastern Conference First Round Playoffs against the Orlando Magic at Rocket Mortgage Fieldhouse on April 22, 2024 in Cleveland, Ohio. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jason Miller/Getty Images)
    Jason Miller/Getty Images

    Day 3 of NBA free agency opened with a number of key players still on the board.

    DeMar DeRozan is still the best of the bunch, assuming LeBron James re-signs with the Los Angeles Lakers. From there, Buddy Hield, Gary Trent Jr., Malik Beasley, Isaac Okoro, Tyus Jones, Kyle Lowry and others are all still available and ready to help contenders.

    Here's a quick look back at the past few days:

    With a lot left to be decided here's how every Day 3 deal grades out.

Donovan Mitchell Signs $150 Million Extension with Cavaliers

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    CLEVELAND, OHIO - MAY 05: Donovan Mitchell #45 of the Cleveland Cavaliers reacts during the fourth quarter against the Orlando Magic in Game Seven of the Eastern Conference First Round Playoffs at Rocket Mortgage Fieldhouse on May 05, 2024 in Cleveland, Ohio. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jason Miller/Getty Images)
    Jason Miller/Getty Images

    The terms: Three years, $150.3 million with a player option (via Adrian Wojnarowski of ESPN)

    The most important order of business for the Cleveland Cavaliers offseason has now been taken care of.

    Mitchell was eligible to become an unrestricted free agent next summer yet now remains locked into the Cavs until the 2027 offseason at a minimum. The 27-year-old will have a $53.8 million player option for the 2027-28 season.

    A full four-year extension with no options would have been the best-case scenario for Cleveland, although even getting two more guaranteed seasons of Mitchell is a big win. The five-time All-Star now has three years and $131.9 million on his deal before the player option, or about $6.1 million less than the Chicago Bulls owe Zach LaVine over the same period of time.

    This at least temporarily tables any trade talk for Mitchell, who the Cavs could now get a lot more for should he change his mind and want out in a year or two.

    Mitchell is also clearly wanting to hit free agency again with 10 years of service when he can sign for 35 percent of the cap instead of his current 30 percent rate. Based on cap projections, a full five-year max for Mitchell in 2027 would come in at a staggering $380 million, according to CapSheet.com's Yossi Gozlan.

    Any sort of commitment from Mitchell was huge for Cleveland, especially with the Utah Jazz owning outright picks or swaps from the Cavs over the next five years.

    Grade: A

James Wiseman Joins the Pacers

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    DETROIT, MI - MARCH 20: Isaiah Jackson #22 of the Indiana Pacers plays defense against James Wiseman #13 of the Detroit Pistons on March 20, 2024 at Little Caesars Arena in Detroit, Michigan. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2024 NBAE (Photo by Brian Sevald/NBAE via Getty Images)
    Brian Sevald/NBAE via Getty Images

    The terms: Two years (via Adrian Wojnarowski of ESPN)

    After losing Jalen Smith to the Chicago Bulls in free agency, the Indiana Pacers added more size to their front line with James Wiseman.

    We need to stop thinking about Wiseman becoming a star after he was selected No. 2 overall behind Anthony Edwards in the 2020 draft and instead focus on what his role in the league projects to be. The 7-footer is a huge, physical athlete who's going to clean the glass, finish lobs and has the potential to become an elite rim protector.

    Still just 23 years old, Wiseman enters a good situation in Indiana. While staying with a rebuilding team like the Detroit Pistons may have allowed him more time to develop, Wiseman gets to learn from proven vets like Pascal Siakam and Myles Turner.

    This is a low-risk move from the Pacers, although it's fair to question if there are enough minutes to go around for Wiseman to consistently see the floor. Siakam and Turner are locked in as starters. Obi Toppin just signed a four-year, $60 million contract to return and Jarace Walker was the No. 8 overall pick in the 2023 draft. Indiana still has Isaiah Jackson under contract as well.

    For a team coming off a run to the Eastern Conference Finals, the Pacers will need Wiseman to play winning basketball immediately.

    If this is just a minimum deal, then it's worth the gamble for Indiana.

    Grade: B-

Moritz Wagner Re-signs with the Magic

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    ORLANDO, FL - MAY 3: Moritz Wagner #21 of the Orlando Magic and Paolo Banchero #5 of the Orlando Magic high five during the game against the Cleveland Cavaliers during Round One Game Six of the 2024 NBA Playoffs on May 3, 2024 at the Kia Center in Orlando, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2024 NBAE (Photo by Gary Bassing/NBAE via Getty Images)
    Gary Bassing/NBAE via Getty Images

    The terms: Two years, $22 million (via Adrian Wojnarowski of ESPN)

    The Orlando Magic's mission to collect every player in the league who's 6'9" or taller becomes more successful with each passing day.

    Moritz Wagner is back on a $22 million deal after the team initially declined his $8 million team option. This is a nice raise for the 27-year-old to stay with his brother Franz, as the older Wagner averaged 10.9 points and 4.3 rebounds on 60.1 percent shooting last season.

    The value of the contract is fine for Orlando, although it's fair to question if all of these bigs can find playing time. Paolo Banchero and Wendell Carter Jr. still look like the starters. Wagner is getting paid enough to solidify his place in the rotation. Goga Bitadze reportedly agreed to a three-year, $25 million deal to return, and Jonathan Isaac agreed to a five-year, $84 million contract renegotiation and extension, per Woj.

    The team also spent its first-round pick (18th overall) on Colorado forward Tristan da Silva, making this frontcourt even more crammed.

    Wagner is a good backup power forward and center, although his return makes the roster construction a little wonky in Orlando.

    Grade: B

Monte Morris Signs with Suns

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    PHOENIX, AZ - APRIL 5: Monte Morris #23 of the Minnesota Timberwolves drives to the basket during the game against the Phoenix Suns on April 5, 2024 at Footprint Center in Phoenix, Arizona. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2024 NBAE (Photo by Kate Frese/NBAE via Getty Images)
    Kate Frese/NBAE via Getty Images

    The projected terms: One year, $2.8 million (Shams Charania of The Athletic and Stadium reported the agreement but not the terms)

    We don't yet know the exact terms of Monte Morris' new contract with the Phoenix Suns, although given that this team is $23 million over the second apron, we can assume this is a one-year, veteran minimum deal, possibly with a player option for a second.

    The Suns needed point guard help. While Kyle Lowry would have been the ideal candidate for a minimum deal, Morris is a very good option.

    The 29-year-old played well down the stretch following a trade to the Minnesota Timberwolves, averaging 5.1 points, 2.3 assists, 0.7 steals and shooting 42.4 percent from three in 15.1 minutes per game.

    Morris rarely turns the ball over (just 1.1 turnovers per 36 minutes in his career), important for a Suns team that finished 25th overall in turnover percentage last season.

    Even if he doesn't crack a playoff rotation, Morris will be used plenty during the regular season as a backup point guard who can help the offense and knock down open shots.

    Grade: A-

Xavier Tillman Re-signs with the Celtics

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    Xavier Tillman Sr.
    Xavier Tillman Sr.David Dow/NBAE via Getty Images

    The terms: Two years (via Adrian Wojnarowski of ESPN)

    The Boston Celtics fortified their frontcourt depth on Tuesday, signing Xavier Tillman to a two-year deal to stick with the reigning champions.

    He won't be called on to do a ton with a team that already has Kristaps Porziņģis, Al Horford and Luke Kornet, but his presence on the roster is still important.

    Horford is 38, and Porziņģis will miss the start of 2024-25 due to an offseason surgery.

    In just 18.0 minutes per game this past season, he averaged 5.3 points, 3.9 rebounds, 0.9 steals and 0.8 blocks.

    Grade: B+

Jonathan Isaac Extends with the Magic

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    Jonathan Isaac
    Jonathan IsaacFernando Medina/NBAE via Getty Images

    The terms: Five years, $84 million (via Adrian Wojnarowski of ESPN)

    After injuries derailed his career from 2019-20 through 2022-23, Jonathan Isaac played over 1,000 regular and postseason minutes this past season and claimed his position as one of the league's best defenders.

    Isaac isn't just a high-end rim protector. He can defend perimeter players all over the floor, too. In 2023-24, he led the NBA in defensive estimated plus-minus.

    Add to that an encouraging 37.5 three-point percentage, and it's easy to get excited about this contract, even with the health concerns.

    An average annual value of just under $17 million is around 12 percent of this year's salary cap, and that share is going to go down as the cap continues to go up in future seasons.

    Grade: A

Kyle Anderson Joins Warriors via Sign-and-Trade

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    Kyle Anderson
    Kyle AndersonDavid Sherman/NBAE via Getty Images

    The terms: Three years, $27 million (via Adrian Wojnarowski of ESPN)

    As their fans are still dealing with the sting of losing franchise legend Klay Thompson, the Golden State Warriors acquired one of the most versatile players in the NBA on Tuesday via a sign-and-trade with the Minnesota Timberwolves.

    He had a down 2023-24, particularly as a shooter, but Kyle Anderson can conceivably defend the 3, 4 or 5 and run an offense as a point forward.

    He plays at his own, slower pace, but his passing, vision and feel for the game have screamed "Warriors player" for years. That coaching staff will put his wide-ranging skill set to use.

    Grade: A

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