Knicks have acquired Karl-Anthony Towns from Minnesota for Julius Randle, Donte DiVincenzo and a first-round pick via Detroit, sources tell me and @JonKrawczynski.
After 15 NBA seasons, Derrick Rose is retiring from basketball. Rose, the youngest MVP in NBA history, tells @TheAthletic: "The next chapter is about chasing my dreams and sharing my growth."
Free agent G Lonnie Walker IV has agreed on a one-year deal with the Boston Celtics, his agent George S. Langberg of GSL Sports Group tells ESPN. Walker IV averaged 9.7 points and shot 38% on three-pointers in 58 games for Brooklyn last season.
Free agent F Guerschon Yabusele has agreed on a one-year, $2.1 million minimum deal with the Philadelphia 76ers, sources tell ESPN. Yabusele is rejoining the NBA’s Eastern Conference after leaving the Boston Celtics for Real Madrid in 2019.