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Source: Gallinari Nearing Contract Extension With Nuggets

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Denver Nuggets forward Danilo Gallinari is finalizing an agreement on a two-year extension worth an additional $34 million on his contract, league sources told Yahoo Sports.

The deal is a restructuring that includes a $2.5 million increase on the $11.5 million owed to Gallinari as he enters the final year of his contract in 2015-16, sources said.

Under the newly negotiated terms, Gallinari will make $14 million this season, the first of a deal that runs through the 2017-18 season, sources said. He will make $15.5 million in 2016-17 and has a player option worth $16.1 million for the third year of the deal and a full trade kicker, sources said.

Source: Adrian Wojnarowski of Yahoo! Sports

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Cavs Reach Agreement With Forward Austin Daye?

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Free agent forward Austin Daye has reached agreement on a one-year deal with the Cleveland Cavaliers, league sources tell Yahoo Sports.

Source: Shams Charania of Yahoo! Sports on Twitter

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Source: Julyan Stone Agrees to Deal With Thunder

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Free agent guard Julyan Stone has agreed to deal with the Oklahoma City Thunder, league sources tell Yahoo. Three seasons with DEN and TOR.

Source: Shams Charania of Yahoo! Sports on Twitter

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Warriors to Invite Chris Babb to Training Camp?

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The Golden State Warriors have yet to waive former (Boston) Celtic Chris Babb, who was acquired in the Gerald Wallace deal, and they plan to invite the swingman to training camp for an opportunity to make the team. The Celtics liked Babb’s effort and he also played a key role for their NBADL team i

Source: Gary Washburn of The Boston Globe

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