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Dwyane Wade Opting Out, Taking Pay Cut?

Basketball Insiders

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Report: Dwyane Wade likely to opt out of 2 year $41M deal and sign for a 4 year $50-55M deal to clear up cap space.

via NBA Central on Twitter

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Sources: 76ers Promote Elton Brand to General Manager

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Philadelphia has hired Elton Brand as general manager, league sources tell ESPN. Brand will be elevated from VP of Basketball Operations. He made strong impression on ownership and Brett Brown in process, beating out several inside and outside candidates.

Source: Adrian Wojnarowski on Twitter

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Sources: NBA Updates Salary Cap Projections for Future Seasons

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Sources: The NBA has informed its teams of updated projected salary cap and tax level for 2019-20 ($109M, $132M) and 2020-21 ($118M, $143M).

Sources: Shams Charania on Twitter

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Sources: Pelicans, Jarrett Jack Agree to Deal

Basketball Insiders

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Free agent guard Jarrett Jack has agreed to a one-year deal with the New Orleans Pelicans, per league sources.

Source: Shams Charania on Twitter

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