Missed this week’s biggest NBA headlines? We’ve got a recap for you. Here are some of the most noteworthy stories from the last seven days:
The Heat locked up Josh Richardson through at least 2021, reaching an agreement on a four-year extension worth about $42MM. Richardson wasn’t a first-round pick and wasn’t eligible for a rookie scale extension, but Miami could offer him up to 120% of the estimated average salary, which worked out to a starting salary of about $9.4MM, with subsequent annual raises. The final year of Richardson’s new four-year deal, which goes into effect in 2018/19, will be a player option.
Tony Allen found a new NBA home, agreeing to a minimum salary, one-year contract with the Pelicans. New Orleans had been in the market for help on the wing, and have now added plenty of toughness to their roster in 2017, having acquired Allen, Rajon Rondo, and DeMarcus Cousins.
The Timberwolves worked out a deal with Shabazz Muhammad, ensuring he’ll return to Minnesota. Muhammad, who was an unrestricted free agent, was looking for a more substantial offer, but ultimately turned down a little more money to re-sign with the Wolves for the minimum salary. His new deal includes a few bells and whistles, including a second-year player option, a 15% trade kicker, and the ability to veto trades.
The NBA’s Board of Governors is set to vote on draft lottery reform on September 28. The league’s proposal would give the top three lottery seeds a 14% each at the No. 1 pick, and would put the top four lottery spots up for grabs.
The Bucks have reached an agreement to bring back veteran guard Jason Terry. Although he just turned 40 years old, Terry hasn’t shown any desire to call it a career, and drew interest from the Timberwolves as well before striking a new deal with Milwaukee. It’ll be a guaranteed one-year, minimum salary pact for Terry.
Here are 10 more notable NBA stories from the last week:
- The Cavaliers currently have no plans to trade Kevin Love.
- The Nets signed free agent center Tyler Zeller to a two-year contract.
- Kings power forward Zach Randolph reached a plea deal on marijuana charges.
- Boris Diaw has agreed to play for a French team, though his contract reportedly includes an NBA out.
- The Trail Blazers are bringing veteran sharpshooter Anthony Morrow to training camp.
- Former Magic general manager Rob Hennigan is returning to the Thunder front office.
- The Knicks signed point guard Jarrett Jack to fill out their 20-man offseason roster.
- Veteran NBA big man Jared Sullinger has signed with the Shenzhen Leopards in China.
- Former All-Star Stephon Marbury wants to play in the NBA one last time, and says he has spoken to a team.
- Groups in Seattle continue to work toward getting approval to restore KeyArena.
Photo courtesy of USA Today Sports Images.