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Sources: Knicks to Waive Lance Thomas

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The Knicks have until June 30 to decide whether they want to guarantee $1 million of veteran Lance Thomas’ $7.6 million salary for the 2019-20 season.

The team’s plan as of now is to waive Thomas before that deadline, sources tell SNY’s Ian Begley.

Despite that plan, sources tell Begley that the Knicks have interest in bringing Thomas back as a free agent. The team values Thomas’ leadership, professionalism and the way he has mentored the franchise’s younger players.

Source: Ian Begley of SNY.tv

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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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