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Source: Grizzlies Valued at $1.3-1.4 Billion in Robert Pera Deal

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Robert Pera’s deal to retain control of the Memphis Grizzlies under the terms of an unusual buy-sell clause values the team between $1.3 billion and $1.4 billion, a big price tag for a small-market team that has been among the league’s largest revenue-sharing recipients, sources familiar with the process told ESPN.

To buy the Grizzlies in 2012, Pera teamed with two large minority partners — Steve Kaplan and Daniel E. Straus, who owned in the neighborhood of 30 percent of the Grizzlies combined, sources told ESPN.

Source: Zach Lowe of ESPN

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Sources: Nets, Spencer Dinwiddie Agree to Three-Year Extension

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Spencer Dinwiddie will get $34M over a three-year extension with Nets, league source tells ESPN. There will be a player option on third year, sources said.

Source: Adrian Wojnarowski on Twitter

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Sources: Multiple Lakers Players Off-Limits in Trade Talks

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Lakers won’t surrender Lonzo Ball, Brandon Ingram, Kyle Kyzma or Josh Hart to Suns for Trevor Ariza, source. Suns turned down a 3-team proposal, source. And 2 sources confirmed Rockets called Lakers 2 weeks ago about trading for Kentavious Caldwell-Pope. No deal is imminent.

Source: Brad Turner on Twitter

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Sources: Rockets Interested in Kentavious Caldwell-Pope

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The Houston Rockets are emerging as a suitor for Los Angeles Lakers guard Kentavious Caldwell-Pope in multi-team trade scenarios, such as with the Los Angeles Lakers and Phoenix Suns, league sources told The Athletic.

In desperate search for an upgrade at the wing, the Rockets are targeting Caldwell-Pope, league sources said. The Lakers have pursued Suns forward Trevor Ariza, along with several other contenders, according to league sources.

As the trade market hashes itself out early this season, Caldwell-Pope has several interested suitors across the league, a telling sign for the 2019 free agent.

Source: Shams Charania of The Athletic

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