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Kyle Lowry Plans to Opt Out of Final Year of Contract

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(Kyle) Lowry plans to opt out of the final year of his contract, he told The Vertical, passing on a $12 million salary in 2017-18 to join a point-guard marketplace that will include the Los Angeles Clippers’ Chris Paul and Golden State’s Steph Curry, who has already said he plans to re-sign with the Warriors.

“For me, I think that at 12:01 a.m. on July 1 – something should be close. If not, I’m open to seeing what else is out there.”

This is no ultimatum out of Lowry, no threat: It is simply the reality of a robust market, where All-Star players reaching the conference finals are compensated accordingly now.

Source: Adrian Wojnarowski of The Vertical

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Report: Lakers, Andrew Bogut Agree to Deal

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Free agent center Andrew Bogut has agreed to a one-year deal with the Los Angeles Lakers, agent David Bauman of ISE tells The Vertical.

Source: Shams Charania on Twitter

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Source: Nuggets, Mason Plumlee Agree to Deal

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Restricted free-agent center Mason Plumlee has agreed to a three-year, $41 million deal to return to the Denver Nuggets, league sources told ESPN.

Agent Mark Bartelstein of Priority Sports and Denver president of basketball operations Tim Connelly reached agreement on the deal late Sunday night, league sources said.

With the deal, Denver was able to avoid Plumlee signing a $4.6 million qualifying offer for the 2017-18 season — which would’ve allowed him to become an unrestricted free agent next summer.

Source: Adrian Wojnarowski of ESPN

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Timberwolves, Andrew Wiggins Expected to Finalize Extension Before Training Camp

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The Wiggins 5-years, $148M extension is expected to be done before Saturday’s 1st practice, per a chat I had w/ owner Glen Taylor. #Twolves

Source: Darren Wolfson on Twitter

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