The New York Knicks have renounced the free agent rights to Frank Ntilikina, reports Keith Smith

French guard played 211 games in 4 seasons with New York after being picked 8th overall in the 2017 NBA Draft

Udonis Haslem will return to the Miami Heat for his 19th NBA season, as The Athletic’s Shams Charania reports of a 1-year, $2.6M deal agreed between the sides

41-year-old Haslem played only 1 game last season, and 4 in 2019-20

The Orlando Magic will sign Ignas Brazdeikis to a Two-Way contract, reports Josh Robbins of The Athletic

Brazdeikis appeared in eight games last season for the Magic, averaging 11.1 points, 5.1 rebounds and 2.0 assists per game.

Kemba Walker’s contract with the New York Knicks is worth $18 million over two seasons, sources tell The Athletic’s Shams Charania.

Walker gave back $20 million in his contract with the Oklahoma City Thunder as part of his buyout. Walker was traded by the Boston Celtics to the Thunder two seasons into a four-year, $141 million deal.

The Los Angeles Lakers have considered using one of their final roster spots on Isaiah Thomas, sources tell Marc Stein.

Thomas, 32, is attempting to remain in the NBA after a short stint during the 20-21 season with the New Orleans Pelicans.

Damian Lillard is not currently available for a trade, and he has also not requested one from the Portland Trail Blazers, sources tell Zach Lowe of ESPN.

A trade of Lillard, if it does happen during the 2021-22 season, is widely expected to come down to the Philadelphia 76ers and New York Knicks.

The Golden State Warriors, San Antonio Spurs and Minnesota Timberwolves are among the teams who have discussed a trade for Philadelphia 76ers All Star Ben Simmons with varying degrees of interest, sources tell Zach Lowe of ESPN.

The 76ers haven’t progressed far with a trade of Simmons, Lowe said, as they likely view him as their path to a trade for Damian Lillard.

The Dallas Mavericks are exploring pathways to a deal with the Chicago Bulls for Finnish forward Lauri Markkanen, reports Marc Stein.

Mavs can acquire Finnish forward on a sign-and-trade but they could offer no more than $11M per season for four years using a TPE. Markkanen has a qualifying offer for $9M from the Bulls and is believed to explore richer deals on the market.

Finnish forward Lauri Markkanen remains in free agency with most teams lacking cap space and the Chicago Bulls seeking a first round pick for facilitating a sign-and-trade, sources tell Jake Fischer of Bleacher Report.

The Dallas Mavericks, New Orleans Pelicans, Minnesota Timberwolves and Boston Celtics have all shown interest in Markkanen at deals worth around $15 million in average annual value.

Frank Jackson is back in Detroit.
The restricted free agent has reached a two-year agreement with the Pistons.

Restricted free agent G Frank Jackson is returning to the Detroit Pistons on a two-year deal, sources tell ESPN. Jackson earned his way into rotation with 40 percent 3-point shooting and nearly 10 points per game last season.

— Adrian Wojnarowski (@wojespn) August 10, 2021

Elfrid Payton has reached an agreement with the Phoenix Suns.
The point guard has already played with the Suns in 2017-2018.
Payton will sign a one-year deal.

Free agent guard Elfrid Payton has agreed to a one-year deal with the Phoenix Suns, sources tell @TheAthletic @Stadium.

— Shams Charania (@ShamsCharania) August 10, 2021

Daulton Hommes has reached an agreement with the New Orleans Pelicans.
The forward will pen a two-way contract with New Orleans.
Hommes spent the season in Italian Serie A with Vanoli Cremona.

Forward Daulton Hommes — the 2019 Division II player of the year — has agreed to a two-way deal with New Orleans, his agent James Dunleavy of @excelbasketball tells ESPN. He’s playing for Pels summer league team after a season in Italy.

— Adrian Wojnarowski (@wojespn) August 10, 2021