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NBA rumors: Latest news, free agent signings, trade buzz

The latest news, rumors and buzz in NBA free agency.
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NBA free agency is winding down, billions of dollars have been spent, and there are still some moving parts on the board.

The biggest question was answered when Kevin Durant announced his decision to leave the Thunder to sign with the Golden State Warriors.

A leap in the salary cap has caused teams to hand out record amounts of money to players. Dwyane Wade is leaving Miami for Chicago. The San Antonio Spurs have traded Boris Diaw and signed Pau Gasol. Mike Conley, the top free-agent point guard, is back with Memphis on the most lucrative contract in league history.

Check back on this page for the latest rumors from around the league. For more, also be sure to check out SI’s ranking of the top 50 free agents.

Grading biggest deals | Free agent tracker | Salary cap FAQ

Thursday (all times Eastern)

9:30 p.m.

The Magic and Clippers are finalizing a trade sending Devyn Marble and a 2020 second rounder to L.A. for C.J. Wilcox and cash considerations. (Josh Robbins, Orlando Sentinel)

6:45 p.m.

• An “extremely high” offer from the Sixers forced the Spurs to more than triple their initial offer to sign Manu Ginobili, who agreed to a reported $14 million for one year. (The Vertical)

6 p.m.

• There is “no truth” to any Blake Griffin-to-the-Celtics trade rumors. (Dan Woike, Los Angeles Daily News)

• Quincy Acy has signed a two-year deal with the Mavericks for the veteran’s minimum. Acy averaged 5.2 points and 3.2 rebounds per game in 59 appearances for the Kings last season. (Shams Charania, The Vertical)

• Manu Ginobili is returning to the Spurs on a one-year, $14 million deal. Ginobili averaged 9.6 points, 3.1 assists, 2.5 rebounds per game for San Antonio last season. This will be his 15th year with the team. (Shams Charania, The Vertical)

• Forward Terrence Jones has signed with the Pelicans. Jones averaged 8.7 points and 4.2 rebounds for the Rockets in 50 games last season. (Shams Charania, The Vertical)

• The Clippers have signed point guard Raymond Felton. The 11-year veteran played in Dallas the last two seasons, averaging 9.5 points per game in 80 appearances in 2015–16. (Chris Haynes, Cleveland.com)

• The Warriors are re-signing big man Anderson Varejao on a one-year deal. Varejao joined the Warriors in the middle of last season, and will provide frontcourt depth along with Zaza Pachulia and David West. (Marc Stein, The Vertical)

• Dario Saric arrived in Philadelphia to sign a contract with the 76ers.

2:50 p.m.

• The Cavaliers are optimistic of their chances of re-signing J.R. Smith. "When the time is right something will get done,” general manager David Griffith tells ESPN's Marc Stein. “I'm very confident.”

2 p.m.

• The Spurs are discussing a one-year, $10 million deal with Manu Ginobili, reports Marc Stein of ESPN

12:30 p.m.

• The Brooklyn Nets are nearing a deal on a two-year minimum deal with former No. 1 overall pick Anthony Bennett, according to Shams Charania of The Vertical.

Noon

The Boston Heraldreports the Celtics have not discussed possible trades for Russell Westbook and Blake Griffin in some time.

11 a.m.

• The Boston Celtics are reportedly targeting a trade with the Los Angeles Clippers for Blake Griffin, according to Sean Deveney of Sporting News. The Sacramento Kings may also be involved as part of a three-team trade that would send Rudy Gay to the Clippers. Any deal would require draft picks.

• The likelihood of Kevin Love being traded has decreased since the Cavaliers won the NBA title, according to Deveney.

• Free agent forward Terrence Jones nears a deal with the New Orleans Pelicans, according to Shams Charania of The Vertical.

• Dario Saric agreed terms with 76ers, according to CSNPhilly.com.