NBA free agency: Pau Gasol agrees to 2-year deal with Spurs
Warriors move Andrew Bogut to clear space for Kevin Durant
Here's a roundup of the major deals struck in NBA free agency on Monday after Kevin Durant agreed to a deal with the Golden State Warriors.
Players can not officially sign until July 8, when the league's moratorium on player movement expires.
All dollar figures are U.S.
Spurs grab Pau Gasol
A person with knowledge of the situation tells The Associated Press that the San Antonio Spurs have agreed to terms with veteran forward Pau Gasol on a two-year deal worth $30 million.
Gasol and the Spurs quickly agreed to a deal Monday, not long after Kevin Durant chose the Golden State Warriors over the Spurs and other teams in free agency. The person spoke on condition of anonymity because the contract cannot be signed until Thursday.
The Spurs will have to make some roster moves to accommodate Gasol's salary. That could include trading veteran forward Boris Diaw to get the cap space to add Gasol to a frontcourt that already includes LaMarcus Aldridge and Kawhi Leonard.
Gasol played for Chicago the last two years. Yahoo Sports first reported the agreement.
Warriors move Bogut to clear space
A person with knowledge of the deal says the Dallas Mavericks have agreed to acquire centre Andrew Bogut from Golden State, which is clearing salary cap room after winning the Kevin Durant sweepstakes.
Other details of the trade are still being worked out, according to the AP's source.
The person also said the Mavericks are confident they will sign restricted free agent Harrison Barnes of Golden State. After getting a commitment from Durant, the Warriors aren't expected to match Dallas' planned four-year, $95 million offer sheet. The additions of Barnes and Bogut also mean Dirk Nowitzki is all but certain to return for a 19th season in Dallas.
Heat push for Wade
Dwyane Wade has been offered a two-year, $40 million deal to remain with the Miami Heat, according to the AP.
AP reports the second year would be at Wade's option. The contract, if accepted, would essentially match the career-best $20 million salary Wade made this past season.
This is the second consecutive summer in which Wade and the Heat have gone through bumpy contract talks. Wade has spent all 13 of his NBA seasons in Miami and has repeatedly said he wants to spend his entire career with the club.
Wade averaged 19.0 points and 4.6 assists this past season, and was an All-Star selection for the 12th time.
Knicks to sign Jennings
The AP reports Brandon Jennings has agreed to a one-year deal with the New York Knicks for $5 million.
The Knicks passed on Jennings in the 2009 draft, taking forward Jordan Hill with the No. 8 pick. Jennings went two picks later to Milwaukee, and he hurt the Knicks with a series of strong performances when he played against them.
Now he will come to New York as the backup to Derrick Rose, whom the Knicks acquired from Chicago in a trade last month. Jennings was limited to 48 games last season with Detroit and then Orlando after he was traded at midseason. He has averaged 15.5 points and 5.9 assists in 460 games.