- Julyan Stone will be re-united with Masai Ujiri in Toronto, according to Christopher Dempsey of The Denver Post: “There was little chance guard Julyan Stone would return to the Nuggets and Thursday that became no chance as he agreed to a contract with Toronto, a source confirmed. Stone moving on was inevitable as the Nuggets did not extend a qualifying offer, which would have made Stone a restricted free agent and given the franchise a chance to match any offer. Stone can officially sign with the Raptors on July 10. In Toronto, Stone is reunited with general manager Masai Ujiri, who signed him as an undrafted free agent in 2011 for the Nuggets.”
The Pelicans have acquired Tyreke Evans via a three-team trade, from Woj: “The New Orleans Pelicans have reached agreement on a three-way deal with Sacramento and Portland to acquire guard Tyreke Evans, league sources told Yahoo! Sports. As part of a sign-and-trade arrangement, Evans will come to the Pelicans on a four-year, $44 million contract. New Orleans will send guard Greivis Vasquez to the Kings and center Robin Lopez to the Trail Blazers, sources said. Portland will send the draft rights to center Jeff Withey to the Pelicans and a future second-round pick to Sacramento.”
Earl Clark will leave the Lakers to join the Cavaliers, from Sean Deveney of Sporting News: “For two days, the Cavaliers put on a full-court press trying to persuade 25-year-old free-agent forward Earl Clark to come to Cleveland. Rejecting interest from the Los Angeles Lakers and Los Angeles Clippers, Clark has agreed to a contract that will insert him into the middle of the Cavs’ youth movement, a source told Sporting News. Clark gets a two-year, $9 million contract.” In Cleveland, Clark will have the opportunity to win a starting job. The Cavaliers drafted UNLV forward Anthony Bennett, who can play either small forward or power forward, with the No. 1 overall pick.”
Al Jefferson will sign a new contract with the Charlotte Bobcats, from Sam Amick of USA Today: “Free agent forward Al Jefferson has agreed to sign with the Charlotte Bobcats on a three-year, $40.5 million deal, a person with knowledge of the situation confirmed to USA TODAY Sports. The deal has a player option in the third season, and the Bobcats will have to use their amnesty clause on forward Tyrus Thomas in order to make the deal work. The person spoke on the condition of anonymity because the deal can’t be formalized until the free agency moratorium lifts on July 10.”
- To make room for Jefferson, the Bobcats will amnesty Tyrus Thomas, from David Aldridge of NBA.com:
Bobcats will amnesty F Tyrus Thomas to create the room to sign Jefferson.
— David Aldridge (@daldridgetnt) July 4, 2013
Lawrence Frank will be the highest paid assistant in the NBA, according to Ian O’Connor of ESPN NY: “Brooklyn Nets owner Mikhail Prokhorov did not limit his free spending to big-name players in his attempt to support rookie head coach Jason Kidd. Lawrence Frank, Kidd’s lead assistant in Brooklyn, was given a four-year deal worth more than $1 million a season — a deal that makes him the highest-paid assistant in the NBA — a league source told ESPNNewYork.com.”
