NBA rumors

Lauri Markkanen will continue to defend the colors of the Utah Jazz at least through next season, according to a report from The Athletic.

In fact, the Finnish forward has agreed with the team on a rich contract extension, but it will not be announced by today, the last day to allow for a possible trade to another team before the trade deadline.

Markkanen’s new contract, set to start from 2024-25 thanks to the ‘renegotiation-and-extend’ formula and the Jazz’s cap space, will exceed 200 million total over five seasons.

Markkanen in two seasons with the Jazz has produced 24.5 points, 8.4 rebounds and 1.9 assists per game, shooting 49 percent from the field, 40 percent from three-point range and 88 percent from the foul line.

The Philadelphia 76ers are looking for a veteran shooter with size to complete the bench. Marcus Morris seems to be the leading candidate, but the Sixers are also considering Davis Bertans.

After being waived by the Charlotte Hornets last season, Bertans is an unrestricted free agent. The veteran forward spent last season with the Oklahoma City Thunder before being traded to the Hornets at the contract deadline.

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Anzejs Pasecniks signs a two-way deal with the Milwaukee Bucks.

The Latvian centre produced 13 points in the last ACB season with Palencia as well as 4.7 rebounds.

Free agent center Anzejs Pasecniks is signing a two-way deal with the Milwaukee Bucks, his agent @ArtursKalnitis of @BsaAgency tells ESPN. The Latvian 7-footer played parts of two NBA seasons with Washington. pic.twitter.com/BsnVaTy3HD

— Adrian Wojnarowski (@wojespn) August 1, 2024

Anzejs Pasecniks will sign a Two-Way contract with the Milwaukee Bucks, reports Adrian Wojnarowski.

The big man returns to the NBA after a season with Palencia in Spain, averaging 13 points and 4.8 rebounds in 21 minutes per game.

The New York Knicks have reached an agreement with Chuma Okeke, reports Michael Scotto.

The forward selected by the Orlando Magic at No. 16 in the 2019 NBA Draft spent five seasons in Florida, averaging 6.3 points and 3.7 rebounds, but with a minor role in 2023-24 (2.2 points in 9 minutes).

It is unclear what kind of contract the former Auburn man will sign, but he will most likely be at the Knicks’ training camp to convince Thibodeau to give him a roster spot for the regular season.

Cleveland Cavaliers centre Jarrett Allen has agreed to a three-year, $91 million contract extension that will provide a total of $131 million over the next five years, as reported by his agent Derrick Powell to ESPN.

Allen is co-presented by Jim Tanner of Tandem Sports.

Cleveland Cavaliers center Jarrett Allen has agreed on a three-year, $91 million maximum extension that’ll now guarantee him $131 million over the next five years, his agent Derrick Powell tells ESPN. pic.twitter.com/vmOcgrKsmP

— Adrian Wojnarowski (@wojespn) July 31, 2024

Luke Kennard and the Memphis Grizzlies have agreed to a one-year, $11 million contract, reports Adrian Wojnarowski of ESPN.

Kennard has knocked down 48 percent of the long-range shots attempted in 63 games with the Grizzlies.

Adding $11 million puts the team’s payroll about $900,000 (via Capsheets) over the Luxury Tax threshold (about $170.8 million), but the Front Office will most likely avoid paying the tax with a minor trade before the trade deadline.

Devonte’ Graham signs a one-year deal with the Portland Trail Blazers.

The player comes from a 46-game season with the San Antonio Spurs.

Free agent guard Devonte’ Graham has agreed on a one-year deal with the Portland Trail Blazers, sources tell ESPN. Graham played 46 games with the Spurs over the last two seasons. pic.twitter.com/6V4korccnX

— Adrian Wojnarowski (@wojespn) July 30, 2024

The Phoenix Suns, always working to improve the roster, have reached an agreement with the best free agent still without a team, point guard Tyus Jones.

The news was reported by Adrian Wojnarowski, while John Gambadoro had mentioned the Suns’ interest in the former Duke point guard.

Jones last season produced 12 points and 7.3 assists – against just one turnover-  per game for the Washington Wizards.

Tyus Jones — the market’s top remaining free agent guard — has agreed on a one-year, $3.3 million deal with the Phoenix Suns, Kevin Bradbury of @LiftSportsMNGMT tells ESPN. pic.twitter.com/lhhJkKowQz

— Adrian Wojnarowski (@wojespn) July 27, 2024

According to Tim Bontemps, Anthony Gill agreed to a new contract with the Washington Wizards.

The Virginia product has spent the past four seasons with the Wizards.

Last year Gill averaged 3.8 points and 1.9 rebounds per game.

The Sacramento Kings have agreed to a one-year contract with Orlando Robinson, reports Adrian Wojnarowski.

The big man performed well at the Las Vegas Summer League averaging over 14 points and 9 rebounds in 23 minutes per game for the Houston Rockets.

Robinson comes from a two-year stint with the Miami Heat.

The New York Knicks have reached an agreement with coach Tom Thibodeau on a contract extension that will keep him in the Big Apple until the end of the 2027/28 season.

The news was reported by Adrian Wojnarowski.

After finishing second in the East last regular season and reaching the second consecutive Conference semifinals in the playoffs, the Knicks strengthened the roster with the arrival of Mikal Bridges, the new deal of OG Anunoby and the extensions of Jalen Brunson and now coach Thibodeau.

At least one big man is probably missing, but the Knicks have everything in place to remain at the top of the Eastern Conference next season.

Andrew Nembhard has reached an agreement with the Indiana Pacers for a three-year contract extension at $59 million.

Nembhard, who is playing with the Canadian national team at the Paris Olympics, averaged 14.9 points and 5.5 assists on 56% shooting in the Pacers’ run to the conference finals.

Indiana Pacers guard Andrew Nembhard has agreed on a three-year, $59 million contract extension, Todd Ramasar and Jaafar Choufani of @LifeSportsAgncy tell ESPN. Deal is maximum allowable over that term for one of the breakout players of the 2024 NBA playoffs. pic.twitter.com/N4dKUEX4YN

— Adrian Wojnarowski (@wojespn) July 24, 2024

Reggie Jackson has agreed to a buyout with the Charlotte Hornets, and will join the Philadelphia 76ers once he clears waivers.

The news was reported by Adrian Wojnarowski.

The 34-year-old point guard comes from a season and a half with the Denver Nuggets (2023 NBA champion).

Jackson ended the last regular season with 10.1 points and 3.7 assists in 22 minutes per game.

At the 76ers he will strengthen a backcourt that for now can count on Tyrese Maxey, Kyle Lowry, Eric Gordon and rookie Jared McCain.

The Philadelphia 76ers have signed guard Jeff Dowtin Jr. to a two-way contract.

Dowtin averaged 17.1 points and 5.7 assists in NBA Summer League for the 76ers this season after playing 12 games for Philadelphia in 2023-24.

The Philadelphia 76ers are signing guard Jeff Dowtin Jr. on a two-way NBA contract, sources tell @TheAthletic @Stadium. Dowtin averaged 17.1 points and 5.7 assists across NBA Summer League for 76ers this season after playing 12 games for Philadelphia in 2023-24.

— Shams Charania (@ShamsCharania) July 22, 2024

The Boston Celtics have reached an agreement with Sam Hauser on a four-year, $45 million extension.

The news was reported by Adrian Wojnarowski.

The sharpshooter, who will earn about 2 million next season, in 2023/24 produced 9 points in 22 minutes shooting 42 percent from three on nearly 6 attempts per game.

This is the third extension signed by the defending champions, following those of White (125 million in 4 years) and Tatum (315 in 5).

In 2025/26 the Celtics will have a payroll of about 225 million, plus another 210 expected in Luxury Tax. The total – 435- should be enough to take away from the 2024-25 Suns the title of most expensive team in NBA history.

In addition, by exceeding the Second Apron again (set around 208 million), the Celtics will not be able to trade the 2032 and 2033 first-round picks.

The plan of the Front Office is clear, barring marginal changes this will be the group for the next few years.

The impact of the Sam Hauser extension in 2025-26. pic.twitter.com/RjjUf8WvHn

— Bobby Marks (@BobbyMarks42) July 21, 2024

Evan Mobley of the Cleveland Cavaliers has agreed to a five-year contract extension for $224 million, which could rise to $269, as reported by ESPN.

Cavaliers had a productive summer, also signing Kenny Atkinson as new coach and Donovan Mitchell to a three-year extension at $150.3 million.

Clippers and Jazz have agreed to a trade involving Russell Westbrook, who will join the Denver Nuggets after the Jazz release him and buy out the remainder of his contract.

In return, the Clippers will receive Kris Dunn from the Jazz on a three-year contract for $17 million. U ah will receive a trade pick in the second round of the 2030 draft, the rights to Balsa Koprivica and $4.3 million in cash.

Source: ESPN