New York guard Jose Alvarado is declining his $4.5 million player option and intends to sign a new three-year, $14-plus million deal to return to the Knicks, sources tell ESPN. Knicks made it a priority to retain the NY native who played key role on a historic championship team.
Sources: Milwaukee Bucks guard Kevin Porter Jr. is exercising his $5.39 million player option for the 2026-27 season. The 25-year-old guard will remain a key piece for the Bucks in the post Giannis Antetokounmpo era.
Restricted free agent Mark Williams intends to sign a three-year, $38 million contract to return to the Phoenix Suns, sources tell ESPN. The deal is fully guaranteed for Williams, who averaged 11 points, 8 rebounds and 1 block in 23.6 minutes per game as the Suns starting center.
The Atlanta Hawks have exercised their fourth-year, $2.41 million team option on Mouhamed Gueye for the 2026-27 season, league sources told @hoopshype. Gueye played in a career-high 77 games for Atlanta, averaging 4.4 points and 3.6 rebounds in 15.3 minutes per game last season.
JUST IN: Milwaukee Bucks center Jericho Sims plans to exercise his $2.8 million player option for the 2026-27 season, league sources told @hoopshype. The 27-year-old center started 19 of 67 games for the Bucks, averaging 5.0 points and 5.5 rebounds per game last season.
Free agent guard Coby White intends to sign a three-year, $74 million deal to return to the Charlotte Hornets, sources tell ESPN. White was a major priority for the Hornets and now steps into a new starting role in the backcourt.
BREAKING: The Charlotte Hornets are trading star guard LaMelo Ball and Josh Green to the Minnesota Timberwolves for Naz Reid, a 2033 unprotected first-round pick, three first-round pick swaps (2028, 2029, 2030) and three second-round picks (2029, 2032, 2033), sources tell ESPN.
Golden State's Al Horford is declining his player option and intends to sign a new two-year, $14 million deal to stay with the Warriors, sources tell me and @anthonyVslater. Horford, 40, becomes only the 13th player in NBA history to reach 20 seasons.
Just in: The Detroit Pistons are trading C/F Isaiah Stewart to the Memphis Grizzlies for three future second-round picks, sources tell ESPN. Pistons clear Stewart's salary and pick up assets while Grizzlies acquire a 25-year-old as a rugged frontcourt piece.
Sources: The New York Knicks are trading Nos. 31 and 55 to the Houston Rockets for Nos. 39 and 53 and a 2029 Kings second-rounder. The moves begin for night two of the NBA Draft.
Sources: The Los Angeles Lakers are acquiring No. 56 from the Chicago Bulls in the second round of the NBA draft tonight at 8 pm ET on ESPN. Lakers sent cash to the Bulls to get a pick tonight.
Los Angeles Lakers star Austin Reaves intends to sign a four-year, $185 million maximum contract to return to the franchise, with a player option for the final season in 2029-30, sources tell ESPN. Reaves declined his $14.9M player option for the new max deal.
Sources: New York traded No. 25 pick Sergio De Larrea to the Dallas Mavericks for No. 30 Koa Peat and two second-round picks. And then the Knicks traded Peat to the Phoenix Suns for three-rounders and cash. So Knicks move out of the first round -- pick up 5 seconds and cash.