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Sources: Timberwolves’ Asking Price for Jimmy Butler ‘too steep’

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ESPN Reporting w/ Zach Lowe: Minnesota’s asking price for Jimmy Butler remains too steep for teams. Minny seeks quality vets/top prospects/future assets/cap relief. Too high a price for interested teams, including Miami. Sources are skeptical of Thibodeau’s desire to make deal.

Sources: Adrian Wojnarowski on Twitter

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Sources: Caris LeVert, Nets Agree to Extension

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Brooklyn Nets guard Caris LeVert has agreed to a three-year, $52.5 million contract extension, league sources tell ESPN. LeVert turns 25 today.

Source: Adrian Wojnarowski on Twitter

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Sources: Dwight Howard, Grizzlies Agree to Buyout, to Sign with Lakers

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Sources: Dwight Howard surrendered nearly $2.6M of his $5.6M guaranteed salary to Memphis in buyout. He can earn $2.6M on his vet minimum deal with Lakers — if he survives on roster past early January. Ideal outcome for Grizzlies, who never intended to bring Howard to camp.

Dwight Howard is finalizing contract buyout with Memphis and plans to sign with the Los Angeles Lakers as free agent, league sources tell @TheAthleticNBA @Stadium.

Source: Adrian Wojnarowski and Shams Charania on Twitter

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Sources: Trevor Booker Working Out for Multiple Teams

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Free agent Trevor Booker recently worked out for the Denver Nuggets, according to sources. Booker also has upcoming workouts scheduled with the Milwaukee Bucks and Los Angeles Clippers.

Source: Alex Kennedy on Twitter

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