Author: Joshua Fischman

Saying it has been a wild week in the Association would certainly be an understatement. Here are some of the most noteworthy stories from the past week at Hoops Rumors:

Paul George was traded to Oklahoma City. In a shocking trade, the Thunder landed one of the league’s top players from the Pacers in exchange for Victor Oladipo and Domantas Sabonis. Multiple teams had made trade offers for George that they deemed to be more competitive than the one Indiana ultimately accepted.

Blake Griffin will re-sign with the Clippers. Griffin agreed to re-sign with the Clippers after canceling free agent meetings with the Suns and Nuggets. The muscular power forward’s contract will be for five years and a maximum salary. This places the overall value of the deal in the vicinity of $173MM.

Gordon Hayward will sign with Boston. The rising star small forward made his announcement in a piece for The Players’ Tribune. Hayward will receive a four-year maximum salary contract from the Celtics with a player option on the final year. The Jazz were hoping to retain Hayward, while the Heat also engaged the free agent.

The Raptors have re-signed Kyle Lowry. The new deal is worth three years and $100MM and includes incentives. The veteran point guard’s contract comes in at slightly less than a maximum salary deal. Like Hayward, Lowry made his announcement to rejoin the Raptors in a piece for The Players’ Tribune.

Paul Millsap has reached a deal with the Nuggets. The agreement will be for three years and $90MM, with the third year being a team option. Prior to committing to join the Nuggets, Millsap met with the Kings and Suns. According to the star power forward, the Hawks never made him a formal offer.

Ten More Stories

• Kevin Durant agreed to re-sign with the Warriors for two years and just $53MM, so the team could re-sign key players. Stephen Curry will sign a five-year, $201MM supermax deal to remain with the team.
• Danilo Gallinari was traded to the Clippers as part of a three-way deal. In the trade, Jamal Crawford was dealt to the Hawks, then subsequently bought out.
• The 76ers and J.J. Redick have agreed to a one-year deal worth a whopping $23MM.
• The Raptors have re-signed Serge Ibaka to a three-year deal worth $65MM.
• The Warriors will re-sign Andre Iguodala to a three-year, $48MM contract.
• The Timberwolves will sign Jeff Teague to a three-year deal worth $57MM.
• The Pelicans re-signed Jrue Holiday to a massive five-year, $126MM contract.
• The Kings and George Hill have agreed to a three-year deal worth $57MM.
• The Mavericks re-signed Dirk Nowitzki for two years and $10MM.
• The Celtics finalized a trade that sent Avery Bradley and a 2019 second-round pick to the Pistons for Marcus Morris.

Here are some of the most noteworthy stories from the last week at Hoops Rumors:

Chris Paul was traded to the Rockets. In the blockbuster trade, the Clippers will receive Patrick Beverley, Sam Dekker, Lou Williams, Montrezl Harrell, DeAndre Liggins, Darrun Hilliard, Kyle Wiltjer, and $661K in cash (the amount to which Paul agreed to reduce his trade bonus) and a 2018 first-round pick. The Rockets had been rumored to aggressively pursue CP3 as a free agent signing, but Houston landed its man before the free agency period even began. Since Paul opted into the final year of his contract before the trade, the perennial all-star point guard will become a free agent next offseason. Whether it lasts beyond a single season, Paul and Harden are poised to combine for a lethal backcourt combination in 2017/18.

The Knicks have officially parted ways with Phil Jackson. The team’s statement described the departure as a mutual decision. If the two sides did not reach some sort of buyout agreement, the Knicks still owe Jackson a reported $24MM for the final two years of his contract. Jackson had been the Knicks’ team president since March of 2014. GM Steve Mills will run the team until a replacement is named.

Ricky Rubio was traded to the Jazz for a first-round pick. The pick the Timberwolves will receive is Top-14 protected and originally from OKC. The deal is done and awaiting league approval.

Russell Westbrook was named Most Valuable Player for the 2016/17 season. The other award winners were Defensive Player of the Year Draymond Green, Rookie of the Year Malcolm Brogdon, Sixth Man of the Year Eric Gordon, Most Improved Player Giannis Antetokounmpo, and Coach of the Year Mike D’Antoni. The award winners were announced live on TNT during a two-hour special.The All-Defensive and All-Rookie teams were revealed earlier the same day.

Hornets executive Chad Buchanan will be the Pacers’ new general manager. The Pacers had had a vacancy at GM since May when Kevin Pritchard was promoted to president to replace Larry Bird, who resigned as team president. Buchanan had served as assistant GM under Rich Cho in Charlotte and will now report to Pritchard.

Ten More Stories

• Raptors assistant GM Bobby Webster was promoted to general manager.
• Gordon Hayward will meet with the Heat, Celtics, and Jazz, and he hopes to decide on a team quickly. Hayward declined his player option this week.
• The Wizards are expected to offer John Wall a Designated Veteran Extension.
• The Mavericks will decline their option on Dirk Nowitzki and work out a new deal for 2017/18.
• The Clippers are confident about re-signing Blake Griffin. He will, however, meet with the Suns.
• Paul Millsap will also meet with the Suns.
• The Pelicans are heavy favorites to re-sign Jrue Holiday.
• The Nuggets have picked up head coach Mike Malone‘s option, which runs through the 2018/19 season.
• Rajon Rondo has been waived by the Bulls.
• Nerlens Noel and Joe Ingles received qualifying offers from the Mavericks and Jazz, respectively. Kenneth Caldwell-Pope (Pistons) and Andre Roberson did also, as did Wizards players, Otto Porter Jr. and Bojan Bogdanovic.