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Reports: Rockets reward Jabari Smith Jr. with 5-year, $122M extension

Reports: Rockets reward Jabari Smith Jr. with 5-year, $122M extension

The Houston Rockets and forward Jabari Smith Jr. agreed to a five-year, $122 million extension of his rookie contract, ESPN and The Athletic reported Sunday.

Smith, 22, has averaged 13.0 points and 7.5 rebounds across three NBA seasons since the Rockets selected him third overall in the 2022 draft. He put up 12.2 points and 7.0 rebounds per game over 57 games (39 starts) in 2024-25.

Smith helped the Rockets earn the No. 2 seed in the Western Conference playoffs, though Houston then lost a seven-game series to the Golden State Warriors in the first round.

The Rockets responded by making a blockbuster trade to acquire Kevin Durant from the Phoenix Suns. Durant joins a Houston core that includes Smith, Alperen Sengun, Amen Thompson and Fred VanVleet, with VanVleet reported to receive a two-year, $50 million contract to remain with the Rockets

Reports: Bucks F Bobby Portis agrees to 3-year, $44M contract

Reports: Bucks F Bobby Portis agrees to 3-year, $44M contract

Milwaukee Bucks forward Bobby Portis has declined his player option and will sign a three-year, $44 million contract to stay with the team, multiple media outlets reported on Sunday.

Portis, 30, had until Sunday to decide on the player option worth $13.4 million. The new deal includes a player option in the final season of 2027-28, the Milwaukee Journal-Sentinel reported.

Portis averaged 13.9 points, 8.4 rebounds and 2.1 assists in only 49 games (seven starts) last season, when the NBA suspended him 25 games without pay for violating the league's anti-drug policy.

The NBA said Portis tested positive for the drug Tramadol, a medication used to treat severe pain among adults. Portis' agent, Mark Bartelstein of Priority Sports, told ESPN that his client confused Tramadol with an approved pain medication called Toradol.

Portis has averaged 13.6 points, 8.3 rebounds and 1.4 assists in 339 regular-season games (99 starts) over five seasons in Milwaukee, where he has been a valued reserve voted third for the NBA Sixth Man of the Year Award in both 2023 and 2024. He also was a member of the Bucks' league championship squad in 2021.

For his career, Portis is averaging 12.0 points, 7.2 rebounds and 1.3 assists in 654 regular-season games (153 starts) for the Chicago Bulls (2015-19), Washington Wizards (2019), New York Knicks (2019-20) and Bucks (2020-present).

Report: James Harden gets new 2-year, $81.5M deal with Clippers

Report: James Harden gets new 2-year, $81.5M deal with Clippers

James Harden declined his player option in order to sign a new two-year contract with the Los Angeles Clippers worth $81.5 million, ESPN reported Sunday.

The 11-time All-Star guard will return to the Clippers after spending the past two seasons there. The second year of the new pact reportedly has a player option and partial guarantees.

Harden, who turns 36 before next season begins, played 79 games (all starts) for Los Angeles in 2024-25 and averaged 22.8 points, 8.7 assists and 5.7 rebounds, though his 3-point shooting ticked down from 38.1 percent the year before to 35.2 percent.

He was named to the All-NBA third team, his first All-NBA honor since 2019-20.

Harden also put up 18.7 points, 9.1 assists and 5.4 rebounds per game during the Clippers' seven-game playoff loss to the Denver Nuggets in the first round. The Clippers were the fifth seed in the Western Conference but will strive for better postseason results with Harden at the center of their plans.

Report: Jazz land C Jusuf Nurkic in trade with Hornets

Report: Jazz land C Jusuf Nurkic in trade with Hornets

The Utah Jazz are set to acquire center Jusuf Nurkic from the Charlotte Hornets for Collin Sexton and a 2030 second-round draft pick, ESPN reported Sunday.

Nurkic, 30, averaged 8.9 points and 7.8 rebounds in 51 games last season with the Phoenix Suns and Hornets. He was traded to Charlotte in February for Cody Martin and Vasilije Micic.

In 11 NBA seasons, Nurkic has averaged 11.8 points with 8.8 rebounds and 2.5 assists in 590 games (490 starts) for the Denver Nuggets (2014-17), Portland Trail Blazers (2017-23), Suns (2023-25) and Hornets.

Sexton, 26, averaged 18.4 points with 2.7 rebounds and 4.2 assists in 63 games (61 starts) with the Jazz last season. In seven seasons with the Cleveland Cavaliers (2018-22) and Jazz, he has averaged 18.8 points, 2.8 rebounds and 3.7 assists in 407 games (335 starts). Sexton is also a 38.7 percent shooter on 3-pointers for his career.

Report: Heat's Duncan Robinson declines option, hits free agency

Report: Heat's Duncan Robinson declines option, hits free agency

Miami Heat guard/forward Duncan Robinson declined his $19.9-million early termination option in order to become a free agent, but remains open to a new deal to remain with the team, ESPN reported Sunday.

Robinson, 31, averaged 11.0 points with 2.3 rebounds and 2.4 assists in 74 games (37 starts) for the Heat last season. In seven NBA seasons, all in Miami, he has averaged 11.3 points while hitting 1,202 3-pointers in 423 games (283 starts). Robinson is a lifetime 39.7 percent shooter from 3-point range and has attempted 3,026 of his 3,751 career shots from beyond the arc.

If Robinson had opted into his deal for 2025-26, only $9.9 million was guaranteed.

Undrafted out of Michigan after starting his career at Div. III Williams College, the 6-foot-7 sharpshooter averaged 24.1 minutes per game for the Heat last season while shooting 39.3 percent from 3-point range. He played in the 2018 NCAA Tournament championship game as a member of the Wolverines.

Report: 76ers picks up $8.4M option on F Kelly Oubre Jr.

Report: 76ers picks up $8.4M option on F Kelly Oubre Jr.

The Philadelphia 76ers picked up the one-year, $8.4 million contract option for forward Kelly Oubre Jr. in 2025-26, ESPN reported Sunday.

Oubre, 29, averaged 15.1 points with 6.1 rebounds and 1.8 assists in 60 games (57 starts) with the 76ers last season. He has produced at least 15.0 points per game in each of the last seven seasons.

In 10 NBA seasons, Oubre has averaged 13.3 points with 4.6 rebounds and 1.1 assists in 655 games (311 starts) for the Washington Wizards (2015-19), Phoenix Suns (2019-20), Golden State Warriors (2020-21), Charlotte Hornets (2021-23) and 76ers.

Report: Wolves retain F Julius Randle on 3-year, $100M extension

Report: Wolves retain F Julius Randle on 3-year, $100M extension

The Minnesota Timberwolves continued their offseason spending spree, signing forward Julius Randle to a three-year, $100-million contract extension, ESPN reported Sunday.

The deal to retain Randle comes two days after center Naz Reid agreed to a five-year, $125-million extension with the Timberwolves.

Minnesota has moved to retain key portions of a roster that pushed the franchise into the Western Conference finals for a second consecutive season. The team's 49 regular-season victories were sixth-most in franchise history.

The deals also have come within a week that the NBA Board of Governors unanimously approved the sale of the team to an ownership group led by Marc Lore and former MLB All-Star Alex Rodriguez.

Randle, 30, was acquired by Minnesota in October, along with Donte DiVincenzo, in a significant roster adjustment that sent Karl-Anthony Towns to the New York Knicks. The Timberwolves and Knicks advanced to their respective conference finals this past NBA season.

In 69 games of his first season in Minnesota, Randle averaged 18.7 points, 7.1 rebounds and 4.7 assists. Over 11 NBA seasons with the Los Angeles Lakers (2014-18), New Orleans Pelicans (2018-19), Knicks (2019-24) and Wolves, he has averaged 19.0 points, 9.1 rebounds and 3.8 assists in 710 games (630 starts).

A three-time All-Star, Randle was voted the NBA's Most Improved Player in 2021 and made second-team all-NBA with the Knicks when he averaged 24.1 points with career-bests in rebounds (10.2) and assists (6.0).

Report: NBA G Malik Beasley subject of federal gambling probe

Report: NBA G Malik Beasley subject of federal gambling probe

Guard Malik Beasley is under federal investigation in connection with allegations that he was tied to gambling activity on NBA games and prop bets, ESPN reported Sunday.

The allegations date to the 2023-24 season when Beasley was with the Milwaukee Bucks, one of six teams he has played for since the Denver Nuggets selected him No. 19 overall in the 2016 NBA Draft.

He spent the 2024-25 season with the Detroit Pistons on a one-year, $6 million contract and is due to become a free agent when the new league year begins Monday evening.

The NBA is aware of the allegations.

"We are cooperating with the federal prosecutors' investigation," NBA spokesman Mike Bass told ESPN.

Beginning around January 2024, one U.S. sportsbook saw an sharp upturn in betting on Beasley's statistics, such as rebounds per game, per the report.

"An investigation is not a charge," Beasley's attorney, Steve Haney, told ESPN. "Malik is afforded the same right of the presumption of innocence as anyone else under the U.S. Constitution. As of now he has not been charged with anything."

ESPN reported that because of the allegations, discussions about a new three-year, $42 million contract have halted.

Beasley, 28, appeared in all 82 games (18 starts) last season with the Pistons and averaged 16.3 points, 2.6 rebounds and 1.7 assists per game while shooting 41.6 percent from three-point range.

He has career averages of 11.7 points, 2.8 rebounds and 1.4 assists with the Nuggets (2016-20), Minneapolis Timberwolves (2020-22), Utah Jazz (2022-23), Los Angeles Lakers (2023), Bucks (2023-24) and Pistons.

The NBA suspended Beasley for 12 games in 2021 after he entered a guilty plea to a felony charge of threats of violence. He was sentenced to 120 days in jail to be served after the 2020-21 season and was released after 78 days.

Bojan Bogdanovic retires after 10 NBA seasons

Bojan Bogdanovic retires after 10 NBA seasons

Bojan Bogdanovic announced his retirement Sunday after 10 NBA seasons with six teams, citing injury.

"Sometimes in life, you don't choose the moment. The moment chooses you," the 6-foot-7 forward wrote in a social media post.

"After 14 months of battling a foot injury, two surgeries and countless efforts to get back on the court, the time has come to close a chapter."

Bogdanovic, who was born in Bosnia and Herzegovina and played for Croatia internationally, was the No. 31 overall pick in the 2011 NBA Draft. He chose to play professionally in the Euro League until 2014 until he joined the Brooklyn Nets, who held his draft rights.

He spent the first 55 games of the 2016-17 season with the Nets, then finished the campaign with the Washington Wizards after a trade-deadline deal. He also played with the Indiana Pacers (2017-19), Utah Jazz (2019-22), Detroit Pistons (2022-24) and New York Knicks (2024).

He missed the 2024-25 season due to the foot injury. The Knicks traded him to the Nets as part of a multi-player deal before the 2024 season, and the Nets eventually waived him.

Now 36, Bogdanovic has career averages of 15.6 points, 3.6 rebounds and 1.7 assists in 719 regular-season games (572 starts). He averaged 39.4 percent from 3-point range.

His younger brother, Bogdan Bogdanovic, is on the roster of the Los Angeles Clippers.

LeBron James picks up $52.6M option to remain with Lakers

LeBron James picks up $52.6M option to remain with Lakers

LeBron James will become the first player in NBA history to play in 23 seasons when he returns to the Los Angeles Lakers in 2025-26.

James, the NBA's career leading scorer, is exercising his $52.6 million player option for the upcoming season, Klutch Sports CEO Rich Paul told ESPN on Sunday.

It is not immediately known if James, 40, desires to play past the upcoming season.

"LeBron wants to compete for a championship," Paul told ESPN. "He knows the Lakers are building for the future. He understands that, but he values a realistic chance of winning it all. We are very appreciative of the partnership that we've had for eight years with Jeanie (Buss, controlling owner and team president) and Rob (Pelinka, president of basketball operations/general manager) and consider the Lakers as a critical part of his career.

"We understand the difficulty in winning now while preparing for the future. We do want to evaluate what's best for LeBron at this stage in his life and career. He wants to make every season he has left count, and the Lakers understand that, are supportive and want what's best for him."

James, who has played in 1,562 regular-season games, is 50 shy of breaking Hall of Fame member Robert Parish's NBA record.

James averaged 24.4 points, 7.8 rebounds and 8.2 assists in 70 games in 2024-25 to rank in the top 22 in each category.

He is a 21-time All-Star, four-time league MVP and four-time NBA champion.

James entered the NBA as an 18-year-old after being selected No. 1 in the 2003 NBA Draft by the Cleveland Cavaliers.

Report: Thunder, C/F Jaylin Williams agree to 3-year extension

Report: Thunder, C/F Jaylin Williams agree to 3-year extension

The NBA champion Oklahoma City Thunder have taken the first step toward keeping their roster together, agreeing with center/forward Jaylin Williams on a three-year, $24 million contract extension, ESPN reported Sunday.

Sunday is Williams' 23rd birthday.

The Thunder held a $2.1 million option for the 2025-26 season, which it declined in favor of the extension. ESPN reported the third year of the new deal also is a team option.

Williams was entering the final season of a four-year, $8.2 million contract.

The Thunder selected Williams in the second round (No. 34 overall) of the 2022 NBA Draft out of Arkansas. The 6-foot-8 Williams was limited because of injuries to 47 games (nine starts) in the recently completed season, in which he averaged 5.9 points, 5.6 rebounds and 2.6 assists per game.

He has career averages of 5.1 points, 4.5 rebounds and 1.9 assists in 165 games (46 starts).

Report: Nuggets to sign G Reece Beekman

Report: Nuggets to sign G Reece Beekman

The Denver Nuggets agreed to an exhibit 10 contract with guard Reece Beekman, per The Denver Post.

After four collegiate seasons at Virginia, Beekman went undrafted in the 2024 NBA Draft. He signed a two-way deal with the Golden State Warriors and appeared in two games, playing four total minutes for the franchise.

Beekman was shipped to the Brooklyn Nets in December as part of the Dennis Schroder trade, where he would go on to play in 34 games, averaging 2.7 points, 1.8 assists, and 0.9 steals in 13.7 minutes per game.

The 23-year-old will now compete for a spot on the Nuggets' roster. Notably, Denver had the fourth-fewest bench points in the NBA last season, and veteran guard Russell Westbrook could depart in free agency.

Blazers exercise team option for G Rayan Rupert

Blazers exercise team option for G Rayan Rupert

The Portland Trail Blazers exercised the 2025-26 team option for guard Rayan Rupert.

Rupert was selected by the Blazers with the 43rd overall pick in the 2023 NBA Draft. As a rookie, he appeared in 39 games, making 12 starts, averaging 4.0 points, 2.4 rebounds, and 1.6 assists.

Last season, he averaged 3.0 points and 1.3 rebounds across 52 games in his sophomore campaign.

The 6'6" guard put up better numbers in his G-League career. In 17 total appearances with the Rip City Remix, he recorded 16.7 points, 5.9 rebounds, 2.7 assists, and 1.4 steals.

The 21-year-old will carry a $2.22 million cap hit in the final year of his contract. He is set to become a restricted free agent in 2026.

Report: Cavs to bring back G Sam Merrill on 4-year, $38M deal

Report: Cavs to bring back G Sam Merrill on 4-year, $38M deal

The Cleveland Cavaliers are set to bring back guard Sam Merrill on a four-year, $38-million contract extension, ESPN reported Saturday.

Merrill, 29, averaged 7.2 points with 2.2 rebounds over 71 games (four starts) last season, while shooting 37.2 percent from 3-point range.

In five NBA seasons, Merrill has averaged 6.5 points with 1.9 rebounds and is shooting 38.6 percent from distance over 173 games (seven starts) for the Milwaukee Bucks (2020-21), Memphis Grizzlies (2021-22) and Cavaliers.

The deal comes after the Cavaliers acquired guard Lonzo Ball from the Chicago Bulls earlier Saturday in exchange for swingman Isaac Okoro, according to an ESPN report.

Reports: Warriors tender qualifying offer to Jonathan Kuminga

Reports: Warriors tender qualifying offer to Jonathan Kuminga

The Golden State Warriors extended the $7.9 million qualifying offer to Jonathan Kuminga, multiple outlets reported Saturday.

The expected move makes Kuminga a restricted free agent ahead of the negotiating period that begins on Monday at 6 p.m. ET.

Kuminga finished the season, his fourth in the league, on the final guaranteed year of his rookie contract after being unable to come to a new agreement with the Warriors.

Starting Monday afternoon, Kuminga can entertain offer sheets from other teams. The Warriors will have the opportunity to match any offer, decline to match or work out a sign-and-trade with another team.

Kuminga, 22, was limited to 47 games last season with a significant ankle injury but finished with averages of 15.3 points and 4.6 rebounds.

The No. 7 pick by the Warriors in the 2021 draft, Kuminga averaged 12.5 points and 4.0 rebounds in 258 career games.

Report: Heat G Davion Mitchell to return on 2-year, $24M pact

Report: Heat G Davion Mitchell to return on 2-year, $24M pact

Restricted free agent Davion Mitchell plans to sign a two-year, $24 million contract to remain with the Miami Heat, ESPN reported on Saturday.

The Heat previously extended an $8.7 million qualifying offer to Mitchell for the upcoming season.

Mitchell, who turns 27 on Sept. 5, averaged 10.3 points and 5.3 assists and shot a robust 50.4 percent from the floor in 30 games (15 starts) with the Heat after being acquired as part of the multi-team trade that sent Jimmy Butler to the Golden State Warriors.

Mitchell has contributed 7.6 points and 3.3 assists in 301 career games (69 starts) with the Sacramento Kings, Toronto Raptors and Heat. The guard was selected by the Kings with the ninth overall pick of the 2021 NBA Draft.

Report: Cavaliers acquiring Lonzo Ball from Bulls

Report: Cavaliers acquiring Lonzo Ball from Bulls

The Cleveland Cavaliers are acquiring point guard Lonzo Ball from the Chicago Bulls in exchange for swingman Isaac Okoro, ESPN reported Saturday.

The trade cannot become official until July 6.

After being sidelined for more than two seasons and undergoing three operations on his left knee, Ball returned in 2024-25 to play in 35 games (14 starts) for Chicago. He averaged 7.6 points, 3.4 rebounds and 3.3 assists.

Ball, 27, is averaging 11.4 points, 5.5 rebounds and 5.8 assists in 287 games (253 starts) with the Los Angeles Lakers (2017-19), New Orleans Pelicans (2019-21) and Bulls. He was drafted No. 2 overall by the Lakers in 2017.

Okoro, 24, recorded career-low averages in points (6.1), rebounds (2.4), games (55) and starts (22) last season, his fifth with Cleveland.

He is averaging 8.1 points and 2.8 boards in 334 career games (238 starts) since being drafted by the Cavaliers with the No. 5 overall pick in 2020.

Reports: Wolves C Naz Reid agrees to 5-year, $125M deal

Reports: Wolves C Naz Reid agrees to 5-year, $125M deal

After turning down a $15 million player option for next season, center Naz Reid will remain with the Minnesota Timberwolves on a five-year, $125 million contract, multiple media outlets reported on Friday.

Reid, 25, who was the NBA's Sixth Man of the Year in 2023-24, reportedly will have a player option for the 2029-30 season, per the. The six-year veteran signed a three-year, $42 million pact in 2023 with a player option.

Rather than join another franchise for similar money and a starting role, Reid is staying put after another impressive campaign. The LSU product averaged career highs in points (14.2) and rebounds (6.0) in 27.5 minutes per game over 80 games, including 18.3 ppg and 9.0 rpg in 17 starts.

One of three players with 2,000-plus points as a reserve the past three seasons, Reid is also a threat from beyond the arc, making 39.5 percent of his 3-point attempts over the past two seasons.

Since signing with Minnesota as an undrafted free agent in 2019, Reid has averaged 11.6 ppg, 4.9 rpg and 1.3 assists over 406 games (74 starts).

TNT Sports stepping away from NBA TV

TNT Sports stepping away from NBA TV

TNT Sports will relinquish oversight of NBA TV operations, it was announced today by TNT Sports Chair and CEO Luis Silberwasser.

After a 17-year run with TNT Sports, day-to-day operations will revert to the league on Oct. 1.

"We made several proposals to continue to provide services and operate the NBA TV network and related digital assets," Silberwasser wrote in a memo to employees of the Warner Bros. Discovery cable unit, as reported by Sportico. "However, we were unable to agree on a path forward that recognized the value of our expertise, quality content and operational excellence that our fans and partners have come to expect from TNT Sports."

In July 2024, the league announced a new 11-year agreement with the Walt Disney Company, NBCUniversal and Amazon Prime Video to broadcast approximately 75 games on linear television in addition to all national games being available on streaming services. TNT's agreement called for a minimum of 15 games on broadcast television.

TNT will continue to generate digital content for the league through Bleacher Report and House of Highlights and maintain editorial control of the Inside the NBA studio show. The highly popular program that features Charles Barkley, Kenny Smith, Shaquille O'Neal and Ernie Johnson will air on ESPN and ABC.

Rare Michael Jordan rookie card sells for record $2.5M

Rare Michael Jordan rookie card sells for record $2.5M

A signed 1986-87 Fleer Michael Jordan rookie card sold for a record $2.5 million at auction on Thursday.

And the kicker? There was only one bidder.

It is the highest price ever paid for a Jordan rookie card, according to the sports collectibles media platform Cllct. The winning -- and only -- bid of $2 million was placed at the auction house Joopiter, which charges a 25 percent buyer's premium to bring the total price to $2.5 million.

"It's a shocking amount of money," Cllct reporter and editor Will Stern told Front Office Sports. "I don't think there's anybody who I spoke to within the industry that expected this."

FOS cited another memorabilia appraiser that said the "fair market value" of the card is about $1 million. The PSA certified card is rated as a 9 out of 10 for overall condition, while Jordan's autograph is rated a 10.

While the record price from a sole bidder, whose name remains unknown, has raised questions within the trading card industry, Joopiter told FOS that the sale had "strong activity from potential buyers in 50 countries."

The card is also part of 10 Fleer cards that Jordan secretly signed for a collector in Florida last year. Cllct reported that Jordan typically doesn't sign Fleer cards because he has a deal with Upper Deck, but that the collector paid for Jordan to fly to Florida so the signing could be witnessed by PSA.

Sources told Cllct that at least six of the 10 cards were PSA 10s worth $180,000 apiece before the signings, while the PSA 9s had a value of around $16,000 before the autographs. The 10s have not come up for public sale yet.

Joopiter was founded in 2022 by singer and music producer Pharrell Williams.

The most money paid to date for a Jordan card was $2.928 million for a 1-of-1 2003-04 Upper Deck Ultimate Collection autographed Logoman card in June 2024.