Adrian Wojnarowski at Yahoo Sports 11 hrs ago
Restricted free-agent guard Patrick Beverley has agreed to a four-year, $25 million deal to stay with the Houston Rockets, agent Kevin Bradbury told Yahoo Sports.
Beverley, 26, is one of the cornerstones to the Rockets and rejoins All-Star guard James Harden in the backcourt.
Houston reached agreement on the deal with Bradbury and Beverley on Saturday before they could fully explore the market for an offer sheet. Houston would've had the right to match a sheet and retain Beverley.
Beverley is one of the NBA's most tenacious perimeter defenders and an opportunistic scorer. After starting his pro career in Europe, Beverley has flourished in three NBA seasons in Houston.
Beverley averaged 10 points, 3.4 assists and 4.2 rebounds in 56 games for the Rockets last season. He missed the final three months of the season, including Houston's run to the Western Conference finals, after having surgery to repair a torn ligament in his left wrist.
The final year of the contract is a team option.
The Rockets had previously reached agreement to re-sign Corey Brewer to a three-year, $24 million contract.
Adrian Wojnarowski at Yahoo Sports 12 hrs ago
Free-agent guard Corey Brewer has agreed to a three-year, $24 million contract with the Houston Rockets, league sources told Yahoo Sports.
Brewer had exploratory talks with the Los Angeles Lakers, Sacramento Kings and New York Knicks, but his goal had been to return to the Rockets.
After a midseason trade from Minnesota, Brewer anchored the bench on the Rockets' run to the Western Conference finals.
Brewer, 29, averaged 11.9 points, 3.6 rebounds, 1.7 assists and 1.1 steals in 56 games with the Rockets after the trade.
The Rockets still have the financial flexibility to acquire free agent LaMarcus Aldridge and believe Brewer's deal strengthens their case to him. Houston has sign-and-trade scenarios that could help facilitate a deal for Aldridge, should he decide to sign with the Rockets. The Rockets are competing with several teams, including the Spurs, Suns, Blazers and Lakers, for the All-Star forward.
Adrian Wojnarowski at Yahoo Sports 14 hrs ago
Free-agent guard Gary Neal has agreed to a one-year, $2.1 million contract with the Washington Wizards, league sources told Yahoo Sports.
Neal, 30, had been pursuing the chance to return to a contender, and as a Baltimore native, the Wizards offer a chance to return closer to home.
Washington is reshaping its roster with the addition of Neal and forward Jared Dudley – and now await the decision of free-agent forward David West. The Wizards used their bi-annual exception to sign Neal, and have their full mid-level exception starting at $5.4 million available for West.
Neal had his most productive years with the San Antonio Spurs and hopes to re-establish his value with the Wizards next season. After spending his first four professional seasons overseas, Neal was selected to the NBA’s All-Rookie team in 2011 with San Antonio. He spent three seasons with the Spurs, before stops in Milwaukee, Charlotte and Minnesota.
Neal has averaged nearly 10 points a game in his five NBA seasons. Neal was an important part of the Spurs’ bench that helped the team advance to the 2013 NBA Finals. For the Hornets in the 2014 playoffs, Neal averaged 11.3 points per game.
Adrian Wojnarowski at Yahoo Sports 17 hrs ago
Free-agent center Robin Lopez has agreed in principle to a four-year, $54 million contract with the New York Knicks, league sources told Yahoo Sports.
The deal was solidified once the representatives for Los Angeles Clippers free-agent center DeAndre Jordan notified the Knicks that Jordan had eliminated New York from consideration, sources said. Jordan is choosing between the Clippers and Dallas Mavericks.
With Knicks president Phil Jackson seemingly unable to recruit top-tier big men LaMarcus Aldridge, Greg Monroe or Jordan to New York, Lopez was the frontcourt player willing to join Carmelo Anthony in the lineup.
Lopez, 27, will leave the Portland Trail Blazers, where he spent a productive past two seasons. Lopez is a limited offensive player who is a difference-maker on the defensive end of the floor.
Lopez averaged 9.6 points, 6.7 rebounds and 1.4 blocks for the Blazers a season ago. He’s the twin brother of Brooklyn Nets center Brook Lopez.
In seven NBA seasons, with Phoenix, New Orleans and Portland, Lopez has averaged 8.2 points and five rebounds.
The Los Angeles Lakers will get a second meeting with star free agent LaMarcus Aldridge on Thursday, league sources told Yahoo Sports.
One source briefed on the Lakers' second meeting with Aldridge told Yahoo Sports: "They want to see if they can get it right."
The Lakers initially met with Aldridge shortly after the NBA's free-agent market opened at 12:01 a.m. ET on Wednesday, but Aldridge came away from the meeting unimpressed with the presentation because it was largely centered on branding and marketing opportunities. Lakers officials didn't focus enough on basketball in the initial meeting, sources said.
In addition to the Lakers, Aldridge has met with the Houston Rockets, San Antonio Spurs, Phoenix Suns, Dallas Mavericks and Toronto Raptors. The Miami Heat also are pursuing the possibility of meeting with Aldridge, sources said.
Aldridge is considering the possibility of taking a visit or two in free agency, sources told Yahoo. No decision is considered imminent.
As the Phoenix Suns pursue free-agent forward LaMarcus Aldridge, the team unloaded three players to the Detroit Pistons to clear an additional $7 million-plus in salary-cap space, league sources told Yahoo Sports.
The Suns traded forwards Marcus Morris and Danny Granger and guard Reggie Bullock to the Detroit Pistons for a 2020 second-round pick, league sources told Yahoo.
The Suns had $12 million in cap space entering free agency. Dealing Morris, Granger and Bullock now gives them nearly $20 million available, more than half of which is earmarked for the four-year, $52 million contract agreed to by center Tyson Chandler on Wednesday.
The Suns could work a sign-and-trade with the Dallas Mavericks potentially involving Markieff Morris to help get them the space needed to sign both Aldridge and Chandler. The Suns would need to unload the contract of Morris and possibly P.J. Tucker to create the space needed to sign Aldridge.
The Suns have no assurance Aldridge will sign, but the fact he's suddenly so intrigued has motivated them to push hard.
Aldridge is considering the possibility of taking a visit or two in free agency, sources told Yahoo. No decision is imminent.
Free-agent guard Shane Larkin and the Brooklyn Nets have agreed to a two-year, $3 million contract, league sources told Yahoo Sports.
The deal will include a $1.5 million player option for the 2016-17 season.
Larkin, 22, goes to the Nets for the opportunity to solidify himself as a solid NBA backup point guard. After a season with the New York Knicks, Larkin is expected to see considerable minutes behind oft-injured Deron Williams in the Nets’ backcourt. Larkin is an adept pick-and-roll point guard.
Larkin was the 18th overall pick out of Miami in the 2013 NBA draft and spent his rookie year with the Dallas Mavericks. He was traded to the Knicks as part of the Tyson Chandler deal a year ago and averaged 6.2 points and three assists for New York this past season.
Free-agent forward Ed Davis has reached agreement on a three-year, $20 million contract with the Portland Trail Blazers, league sources told Yahoo Sports.
Davis' agreement allows the Blazers to maintain flexibility on still re-signing All-Star free agent LaMarcus Aldridge and starting center Robin Lopez.
The Blazers still have a team option of $5 million on center Chris Kaman's contract that it could waive to clear space.
If Aldridge leaves in free agency, Davis gives them a power forward to move into the starting lineup. With Aldridge, he becomes a significant rotation player on a contending team. The Blazers' plan has been to try to re-sign Lopez, should Aldridge decide to return to Portland.
Davis' deal continues a reshaping of the Blazers' roster that includes adding Brooklyn Nets center Mason Plumlee, young forward Noah Vonleh and guard Gerald Henderson from the Charlotte Hornets, and free-agent forward Al-Farouq Aminu. General manager Neil Olshey is walking the delicate line between preparing for a rebuild without Aldridge, or moving directly back into contention with Aldridge returning to anchor the team.
Free-agent guard Kendall Marshall has made rapid improvement on the rehabilitation of his torn anterior cruciate ligament and expects to be ready for NBA training camps in October.
NBA executives tell Yahoo Sports that Marshall's most recent medical reports indicate that, barring any setbacks, he will be ready to return for the start of training camps in October.
"The rehab has been going great," Marshall told Yahoo Sports by phone from Chapel Hill, N.C., where he's working out at the University of North Carolina. "I've started to do close-out drills and changes of direction. We've been aggressive with the rehab and I'll be ready when training camps open.
"With this injury, I know some guys have had setbacks, deal with tendinitis, and I haven't had any of that. It's been a smooth process. By the time August and September comes, I'll be getting fully ready for the season."
In Marshall's one full season in the NBA with the Lakers, he averaged nearly 30 minutes a game and was second in the NBA to the Clippers' Chris Paul in assists per game (8.8) and fifth overall in assists-to-turnover ratio.
Free agent Greg Monroe will sign a three-year, $50 million maximum contract with the Milwaukee Bucks, league sources told Yahoo Sports.
The deal will include a player option after the second season in 2016-17, sources said.
One of the most sought after big men of July free agency, Monroe plans to join a young core of talent with the Bucks, who made a strong commitment to Monroe. Nevertheless, Milwaukee beating out the Los Angeles Lakers and New York Knicks for a significant free agent is a major coup for the franchise.
Monroe, 25, will anchor a talented lineup that includes promising young stars Giannis Antetokounmpo, Jabari Parker and Khris Middleton for coach Jason Kidd.
Monroe, a 6-foot-11 forward/center, spent five seasons with the Detroit Pistons and averaged 15.9 points and 10.2 rebounds last season. Monroe signed a qualifying offer as a restricted free agent with Detroit a year ago, allowing himself to become an unrestricted free agent this summer.