Karl-Anthony Towns, who averaged 24.6 points last season, has agreed to a 4-year, $224 extension with Minnesota.
Keep track of all the newest NBA free agency news and reports because the 2022 NBA free agent period officially begins.
Listed below are the highest headlines from June 30/July 1 thus far:
• NBA.com Offseason Roundup: July 1 | June 30 | Free Agent Tracker
Payton, Blazers reportedly finalizing deal
The Portland Trail Blazers proceed to remain busy in free agency and are finalizing a three-year contract with Golden State Warriors reserve Gary Payton II, based on multiple reports. Payton averaged 7.1 points, 3.5 rebounds and shot 61.6% last season and was an important a part of Golden State’s championship team. He’s a native of the Pacific Northwest and his father, Hall of Famer Gary Payton, crafted nearly all of his legendary profession not removed from Portland with the Seattle Supersonics.
— 6:39 a.m.
Reports: Towns agrees to $224M extension
Timberwolves All-Star center Karl-Anthony Towns has agreed to a four-year, $224 million supermax extension with Minnesota, based on ESPN’s Adrian Wojnarowski and The Associated Press.
Led by Towns, second-year phenom Anthony Edwards and point guard D’Angelo Russell, the seventh-seeded Timberwolves pushed the second-seeded Grizzlies to the brink in the primary round of the Western Conference playoffs before ultimately falling to Memphis.
The No. 1 overall pick in 2015, Towns averaged 24.6 points, 9.8 rebounds and three.6 assists in 33.5 minutes per game last season.
— 12:26 a.m.
Report: Morant agrees to extension with Grizzlies
Memphis Grizzlies guard Ja Morant has agreed to a five-year, $193 million designated rookie maximum extension, based on ESPN’s Adrian Wojnarowski.
This extension was merely a formality for the purpose guard voted the NBA’s Most Improved Player in his third season and who also finished seventh in voting for league MVP.
The deal is value at the very least $193 million and potentially as much as $231 million. It’s the biggest contract the Grizzlies have ever handed out, topping the max contract of $153 million Mike Conley received in 2016.
— 12:21 a.m.
Reports: Booker agrees to supermax cope with Suns
Phoenix Suns guard Devin Booker has agreed to a four-year, $224 million supermax contract extension, based on multiple reports.
A 3-time All-Star coming off his first All-NBA campaign — Booker earned First Team honors after averaging 26.8 points, 5.0 rebounds and 4.8 assists while shooting 46.6% — this extension would begin with the 2024-25 campaign and link him to Phoenix through 2027-28.
— 12:21 a.m.
