Anthony Edwards Receives Maximum Extension With Timberwolves; Latest Updates on NBA Free Agents 2023 Tracker
Anthony Edwards Receives Maximum Extension With Timberwolves; Latest Updates on NBA Free Agents 2023 Tracker
NBA free agents 2023 started on Friday night, and in the first weekend, many elite players signed new contracts. The agreements can be finalized on July 6.
Any agreements made between the team and the player between Friday and July 6 are merely suggestions and are not legally enforceable. Once the agreement is signed on or after July 6, they become official. On Saturday, the new collective bargaining agreement went into effect.
Teams across the NBA are still awaiting the outcomes of a few dominoes, including James Harden and Damian Lillard’s trade request. In order to assist a trade from the Philadelphia 76ers, Harden chose to enter the final year of his contract.
On Saturday, Lillard made a trade request to the only team he has ever known, with the Miami Heat as his top choice.
Monday’s Developments: Anthony Edwards and Timberwolves Reach Contract Agreement
According to Adrian Wojnarowski of ESPN, Anthony Edwards, the top choice in the 2020 NBA Draft, and the Minnesota Timberwolves have reached an agreement on a contract extension at the top of the rookie scale.
In the upcoming season, Edwards will make $13.5 million in the last year of his rookie contract. The expected value of the contract, which will start in the 2024–25 season, is $204 million over five years. If Edwards is selected to the 2023–24 All-NBA roster, he will be eligible to receive an additional $40 million over the course of the contract.
Updates from Sunday
Miles Bridges is anticipated to accept a qualifying offer from the Hornets despite being suspended for domestic violence.
Forward Miles Bridges, a restricted free agent, is anticipated to accept a qualifying offer worth $7.9 million from the Charlotte Hornets, according to Adrian Wojnarowski of ESPN.
According to the article, the two parties are still very far apart on a long-term agreement. Bridges would remain in Charlotte for the upcoming season as a result of the decision, and the following summer would see him become an unrestricted free agency.
After being arrested on domestic violence-related charges in the offseason, Bridges will begin the current season serving the last 10 games of a 30-game NBA suspension. Bridges initially entered not guilty pleas to a number of crimes at his arraignment, but as part of a plea bargain with prosecutors, he later entered a no contest plea to a charge of domestic violence against a spouse or other cohabitant. View more information on Bridges’ qualifying offer.
Jordan Clarkson Accepts A 3-year, $55 Million Agreement With Jazz
According to Shams Charania of The Athletic, Jordan Clarkson has agreed to a three-year, $55 million contract extension to stay with the Utah Jazz, guaranteeing that the second-leading scorer from a surprising offense that ranked 10th in offensive efficiency last season will remain in Salt Lake City for a while.
The re-up follows Clarkson’s decision earlier this week to exercise his $14.3 million player option for the 2019–20 season, laying the groundwork for a longer-term extension to continue a relationship that has been successful for both player and team since Clarkson moved to Utah halfway through the 2019–20 season.
With his flair-filled, instant-offense style of play during the succeeding seasons, Clarkson has solidified himself as a fan favorite, and even of new Jazz owner Ryan Smith, who once reportedly scuttled negotiations of a transaction that would’ve sent the former Laker back to Los Angeles. Find out more about Clarkson’s extension.
According to reports, Eric Gordon will sign with the Phoenix Suns
According to Shams Charania of The Athletic, the Phoenix Suns have reached an agreement with guard Eric Gordon and acquired a crucial rotational element for their backcourt.
Although the financial details of the agreement were not immediately available, Gordon most likely signed for the veteran minimum given the Suns’ payroll problems.
According to Charania, the 34-year-old Gordon reportedly rejected down more lucrative offers to join the Suns this offseason.
According to Kelly Iko of The Athletic, he reportedly gave the Golden State Warriors and Houston Rockets some thought. During the middle of the previous season, Gordon was dealt from the Rockets to the Clippers. Read more about Gordon’s agreement.
Weekend Updates
The Clippers sign Russell Westbrook to a two-year, $8 million contract
The Los Angeles Clippers and Russell Westbrook are returning it. According to ESPN’s Adrian Wojnarowski, Westbrook has agreed to a two-year, $8 million contract to remain with the Clippers after enjoying unexpected success as a post-NBA trade deadline acquisition.
The agreement was reached following the expiration of Westbrook’s supermax contract, during which time his value rapidly declined until it was ranked among the lowest in the NBA.
He started with the Oklahoma City Thunder before moving on to the Houston Rockets, Washington Wizards, and eventually the Los Angeles Lakers. Study more about Westbrook’s contract.
Dillon Brooks Reportedly Signs a 4-year, $80 million Deal With Rockets
Forward Dillon Brooks has moved on from his acrimonious departure from the Memphis Grizzlies. According to ESPN’s Adrian Wojnarowski, Brooks and the Houston Rockets have reportedly reached an agreement on a four-year, $80 million contract.
The Grizzlies will allegedly receive a sizeable trade exception as part of the deal, which will be a sign-and-trade.
A berth on the NBA’s All-Defensive second team last season rounded off Brooks’, 27, somewhat successful six-season stay in Memphis. During the Grizzlies’ ascent to the second seed in the Western Conference this past season, he averaged 14.3 points, 3.3 rebounds, and 2.6 assists per game.
Since 2017, Brooks’ averages have been 14.5 points, 3.1 rebounds, and 2.1 assists. Read more about Brooks’ contract.
C Kings Apparently, Domantas Sabonis has agreed to a 5-year, $217 million deal.
Domantas Sabonis appeared to enjoy his first full season with the Sacramento Kings, and vice versa.
According to Adrian Wojanrowski of ESPN, the All-Star center has agreed to a five-year, $217 million deal extension including $195 million in extra money.
Originally under contract with the Kings for one more season at a salary and cap hit of $19.4 million and $22 million, Sabonis’s deal has been extended through 2028.
Donte DiVincenzo joins the New York Knicks
Donte DiVincenzo is moving east after playing for the Golden State Warriors for one season.
According to Adrian Wojnarowski of ESPN, DiVincenzo and the New York Knicks have reached a four-year, $50 million deal agreement. DiVincenzo signed a two-year, $9 million contract with the Warriors during the offseason of last year, but he left the team by declining his player option for the following year.
