Just in: Free agent Khris Middleton has agreed on a three-year, $17.6 million deal with the Washington Wizards via sign-and-trade, agent Mike Lindeman of Excel Sports Management tells ESPN. The 14-year veteran returns to D.C. where he spent parts of last two seasons as a leader with championship presence.
Indiana Pacers forward Aaron Nesmith has agreed to a two-year, $40.4 million contract extension with the franchise through the 2028-29 season, plus a trade kicker, agent Mike Lindeman of Excel Sports Management tells ESPN. Pacers give Nesmith the max allowed salary via extension.
Mark Walter is entering agreement to purchase majority ownership of the Lakers from the Buss family for a valuation of approximately $10 billion, the largest sale of a professional sports franchise in the world, sources tell ESPN.
$10 billion.