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Sources: Timberwolves, Karl-Anthony Towns Agree to Super-Max Extension

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In a deal that cements him as the franchise’s long-term cornerstone, Minnesota Timberwolves All-Star center Karl-Anthony Towns has agreed to a five-year, $190 million super-maximum extension, league sources told ESPN.

Towns’ agent, Leon Rose of CAA Sports, informed the organization of Towns’ intention to sign the extension on Saturday night, sources said. The Timberwolves report for media day on Monday and begin training camp on Tuesday.

The super-max deal includes the ability for Towns to earn 30 percent of the Timberwolves’ salary cap with the fulfillment of reaching one of the three All-NBA teams, or being voted league MVP or Defensive Player of the Year this season.

Source: Adrian Wojnarowski of ESPN

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Sources: Potential Three-Team Trevor Ariza Trade Falls Apart

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A three-team deal that would have sent Trevor Ariza to the Washington Wizards and Kelly Oubre to the Memphis Grizzlies is dead over which Brooks — MarShon or Dillon — the Phoenix Suns had believed they were getting, league sources said.

The Grizzlies and Suns didn’t communicate directly on the trade, using Washington as a conduit in coordinating the three-team deal. Washington believes it was told Dillon Brooks in conversations with Memphis, sources said. The Grizzlies insist they told Washington it was MarShon.

Memphis would not put Dillon Brooks in the trade, and in the end, the agreement was called off.

Source: Adrian Wojnarowski of ESPN

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Sources: Several Teams Interested in Jabari Parker

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Jabari Parker won’t be with the Bulls next season.

Heck, he might not be with them much longer. The Bulls, according to sources, have engaged in trade talks with several teams regarding Parker, who fell out of new coach Jim Boylen’s rotation Thursday.

There’s considerable interest in Parker, 23, who remains a versatile scorer. Finding the right match financially is the obstacle that needs to be cleared, but there’s motivation to get a deal done.

Source: K.C. Johnson of The Chicago Tribune

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Sources: Nets, Spencer Dinwiddie Agree to Three-Year Extension

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Spencer Dinwiddie will get $34M over a three-year extension with Nets, league source tells ESPN. There will be a player option on third year, sources said.

Source: Adrian Wojnarowski on Twitter

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