Tuesday September 20th, 2016

By Brian Rauf, Chat Sports

The 2016-17 NBA season inches closer this week, as training camps open for teams participating in preseason NBA Global Games on Saturday. Cleveland Cavaliers guard J.R. Smith is threatening to skip camp as he and team "remain at an impasse" in contract talks, according to ESPN's Brian Windhorst.

Check out the latest NBA news and rumors below.

• The Milwaukee Bucks have signed forward Giannis Antetokounmpo to a four-year, $100 million extension, reports Adrian Wojnarowski of The Vertical.

• Antetokounmpo took less than the max to give Milwaukee more cap room to retain their star players, reports Windhorst.

Chat Sports: More NBA rumors and news inside the Chat Sports App

• The Bucks have "accelerated their attempts" to trade big man Greg Monroe, reports Greg Woelfel of the Racine Journal-Times.

• Sacramento Kings forward Rudy Gay has told the team he will opt out of his contract after the season and is unlikely to re-sign with the team, reports Wojnarowski. 

• Gay has asked the team for a trade and would like to be dealt "sooner rather than later," but the team plans to keep him until the trade deadline as they try to compete for a playoff berth, reports Wojnarowski.

Chat Sports: NBA players most likely to be traded this season

• Boston Celtics big man Kelly Olynyk may not be ready for the start of training camp has he recovers from off-season shoulder surgery, reports A. Sherrod Blakely of CSNNE.com.

• The New York Knicks announced they have re-signed center Lou Amundson to a one-year deal.

• Veteran center Joel Anthony has signed a training camp deal with the San Antonio Spurs, reports Jabari Young of the San Antonio Express-News.

SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide - from Peter King, Tom Verducci, Lee Jenkins, Seth Davis, and more - delivered straight to you, along with up-to-the-minute news and live scores.