Timofey Mozgov underwent successful right knee arthroscopic debridement on Wednesday at the Cleveland Clinic Marymount Surgicenter by Drs. Richard Parker and James Rosneck.
His rehabilitation and return to play protocol is slated for six weeks.
Damian Lillard and the Portland Trail Blazers have agreed upon a five-year max extension worth between $125 million and $129 million.
The deal contains no option for either side and is fully guaranteed.
Lillard has been an All-Star in each of the past two seasons.
Dwyane Wade has agreed to re-sign with the Miami Heat on a one-year, $20 million deal.
Wade opted out of his contract for the 15-16 season, which was worth $16.1 million.
Wade was initially seeking a long-term deal with the Heat.
“The Heat family and I have shared incredible moments over the years and I look forward to continuing our journey," wrote Wade in a statement.
Thomas Robinson and the Brooklyn Nets have agreed upon a two-year deal.
The Nets had interest in Robinson last year when he was waived by the Denver Nuggets, but he was claimed by the Philadelphia 76ers.
Robinson was a lottery pick in the 2012 NBA Draft out of Kansas by the Sacramento Kings.
The Cleveland Cavaliers are confident that a smaller lineup of Tristan Thompson at center and Kevin Love at power forward will work.
But if it doesn't, Love could eventually surface in trade discussions, according to executives around the NBA.
“Maybe in February or in the summer, you could see Love being talked about,” one league executive said. “If he stays healthy next year...
The Miami Heat are now pursuing a meeting with LaMarcus Aldridge in free agency.
The Heat signed Goran Dragic this offseason and are in talks with Dwyane Wade on a new deal.
Miami would need to agree upon a sign-and-trade with the Portland Trail Blazers to acquire Aldridge.
LaMarcus Aldridge is considering taking a free agent visit or two as he continues to weigh his decision.
Aldridge is believed to be most strongly considering the Phoenix Suns and San Antonio Spurs.
But the Los Angeles Lakers have been granted a second meeting by Aldridge.
One source briefed on the Lakers second meeting with Aldridge told Yahoo Sports: "They want to see if they can get it right."
The Phoenix Suns have traded Marcus Morris, Reggie Bullock and Danny Granger to the Detroit Pistons for a second round pick in 2020.
The Suns have cleared cap space as they pursue LaMarcus Aldridge.
Phoenix already signed Tyson Chandler and they are closer to being able to sign Aldridge without the need for a sign-and-trade. Phoenix still needs to unload either Markieff Morris or P.J. Tucker.
Shane Larkin has agreed upon a two-year, $3 million deal with the Brooklyn Nets.
Larkin spent the 14-15 season with the New York Knicks.
Larkin gives the Nets depth in the backcourt though they also currently have Deron Williams, Steve Blake and Jarrett Jack.
Ed Davis and the Portland Trail Blazers have agreed upon a three-year, $20 million deal.
Davis spent the 14-15 season with the Los Angeles Lakers.
The New York Knicks have $19 million to spend in free agency and continue to pursue a big man.
Robin Lopez met with the Knicks on Wednesday night and he came away with a positive impression.
“Interest is mutual, that’s for sure,” a source said.
The Knicks are considered a longshot for DeAndre Jordan or LaMarcus Aldridge.
Lopez is considered the most realistic target for the...
The New York Knicks have had discussions about trading for the contract of David Lee.
The Knicks are first exploring their options in free agency, but could deal for Lee if cap space remains.
The Golden State Warriors need to unload Lee's contract to save on the luxury tax and will have to attach assets for the trade.
Lee's contract expires after the 15-16 season.
ESPN's Ramona Shelburne...
Tim Duncan has confirmed he will not retire this season and will continue with his playing career.
Duncan is an unrestricted free agent and has been involved in the Spurs' free agent pitches. Duncan and Gregg Popovich had a chance to speak about next season's plans.
"Finally had a chance to talk with Pop; I'll be on the court next year," said Duncan.
Aron Baynes and the Detroit Pistons have agreed upon a multi-year contract worth as much as $20 million over three years.
Baynes has been with the San Antonio Spurs since 2013.
Monta Ellis has agreed upon a four-year, $44 million deal with the Indiana Pacers.
Ellis will get a player option for Year 4 of the deal.
Ellis was also receiving strong interest from the Sacramento Kings.
James Anderson and the Sacramento Kings have agreed upon a multi-year deal.
Anderson last played in the NBA in 13-14 with the Philadelphia 76ers and spent last season with Zalgiris in Lithuania.
Anderson was the 20th overall pick by the San Antonio Spurs out of Oklahoma State in 2010.
The Atlanta Hawks and Walter Tavares have agreed upon a multiyear contract.
Tavares was a 2014 second round pick by the Hawks.
Tavares, 7'3, has been played in Spain.
The Dallas Mavericks have interest in trading for Roy Hibbert if they are unable to secure a deal for DeAndre Jordan in free agency.
The Indiana Pacers would like to trade Hibbert this offseason after they encouraged him to opt out of the final season of his deal.
Indiana drafted Myles Turner and they plan on playing faster moving forward.
The Houston Rockets, Dallas Mavericks, Los Angeles Clippers and Phoenix Suns are amongst the teams who have expressed interest in Amar'e Stoudemire.
Stoudemire finished last season with the Mavericks following his release by the New York Knicks.
Stoudemire remains a productive player on offense in limited minutes.
J.J. Barea is receiving interest in free agency from the Miami Heat and Dallas Mavericks.
Barea is looking for a three-year deal.
Barea returned to the Mavericks this past season.
Greg Monroe has agreed to sign a maximum contract with the Milwaukee Bucks.
Monroe played the 14-15 season under the qualifying offer with the Detroit Pistons after he was unable to find a suitable deal in restricted free agency.
The New York Knicks and Los Angeles Lakers were amongst other teams interested in Monroe.
Jeff Zillgitt of the USA Today reports the Knicks never offered...
Jonas Jerebko re-signed with the Boston Celtics on a two-year, $10 million deal.
Jerebko was acquired in a February trade by the Celtics from the Detroit Pistons.
“Feels great to be back in green and white!” Jerebko posted on his Twitter account Wednesday.
The 6-foot-10-inch, 231-pound forward averaged 7.1 points and 4.8 rebounds in 29 games with Boston. He also made 40.6 percent...
David West has serious interest in playing for the San Antonio Spurs or Golden State Warriors.
West declined his player option for the 15-16 season with the Indiana Pacers at $12.2 million.
West would have to take a veteran's minimum deal to play with the Warriors ($1.49 million annually) and would likely take a significant pay cut to play for the Spurs.
West wants to compete for...
Arron Afflalo has agreed to sign a two-year deal with the New York Knicks worth $16 million.
Afflalo has a player option for the second season.
Afflalo finished last season with the Portland Trail Blazers.
In Thursday's episode, Nate Duncan (@NateDuncanNBA) and Daniel Leroux of RealGM (@DannyLeroux) analyze an amazingly eventful July 1st full of notable signings and trades.
They go through every reported transaction, provide estimates on how much cap space teams have remaining and preview the days to come.
Click here to listen or download.
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