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Sources: Jonas Valanciunas to Decline Player Option, to Pursue Long-Term Deal with Grizzlies

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Memphis Grizzlies center Jonas Valanciunas is declining the $17.6M player option on his 2019-20 contract, clearing the way to become an unrestricted free agent this summer, league sources told ESPN.

Valanciunas’ primary intention will be to negotiate a new longer-term deal with the Grizzlies, league sources said. In the post Marc Gasol-era, Valanciunas remains the franchise’s focus to continue as its starting center.

Memphis VP of Basketball Operations Zach Kleiman and Valanciunas’ agent, Leon Rose of CAA, are expected to work aggressively on finding the pathway to a new deal, sources said.

Source: Adrian Wojnarowski of ESPN

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Report: Anthony Davis, Lakers Agree to Deal

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All-NBA forward Anthony Davis has formally agreed to a five-year, $190 million maximum contract to stay with the defending champion Los Angeles Lakers, Klutch Sports CEO and founder Rich Paul told ESPN on Thursday.

The deal includes an early-termination option prior to the fifth year of the deal in 2024-25, Paul said.

Davis, a free agent, signed the contract Thursday. He considered several short- and long-term contract scenarios before accepting a full five-year, maximum offer, sources said.

Source: Adrian Wojnarowski on Twitter

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Sources: Rockets Trade Russell Westbrook to Wizards for John Wall

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Houston has agreed to trade Russell Westbrook to Washington for John Wall and a first-round pick, sources tell ESPN.

Source: Adrian Wojnarowski on Twitter

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Sources: LeBron James, Lakers Agree to Extension

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Los Angeles Lakers star LeBron James has agreed to a two-year, $85 million maximum contract extension with the franchise, CEO of Klutch Sports, Rich Paul, told @TheAthleticNBA @Stadium.

Source: Shams Charania on Twitter

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