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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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Sources: Bulls Hire Billy Donovan as Head Coach

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The Chicago Bulls have hired former Oklahoma City Thunder head coach Billy Donovan as their new head coach, the team announced Tuesday.

Arturas Karnisovas, the Bulls’ executive vice president of basketball operations, aggressively pursued Donovan after the coach left the Oklahoma City Thunder, sources said, selling Donovan on a partnership and vision for a talented young roster and a chance to lead one of the league’s anchor franchises.

In an official statement, Donovan thanked the team’s ownership “for the opportunity to coach the Chicago Bulls” and said he is looking forward to working with Karnisovas.

Source: Adrian Wojnarowski of ESPN

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Report: Giannis Antetokounmpo Named NBA Most Valuable Player

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Milwaukee Bucks forward Giannis Antetokounmpo has been named the 2019-20 Kia NBA Most Valuable Player, the NBA announced today.

This is the second straight Kia NBA Most Valuable Player Award for Antetokounmpo, who becomes the 12th player to earn the honor in consecutive seasons. A native of Greece, Antetokounmpo is the first player from Europe to be selected as the NBA MVP more than once. Antetokounmpo, 25, also joins Kareem Abdul-Jabbar and LeBron James as the only players to win multiple NBA MVP awards by the age of 25.

Source: NBA

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Report: Nick Nurse, Raptors Agree to Extension

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The Toronto Raptors announced Tuesday they have signed head coach Nick Nurse to a multi-year contract extension. Per team policy, financial terms of the deal were not disclosed. This past season, Nurse guided the Raptors to a 53-19 record during the regular season (second best in the NBA) and set a franchise-record with a .736 winning percentage. Toronto also reached the Eastern Conference Semifinals for the fifth straight year.

Source: Toronto Raptors

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