Knicks Exercise Team Option For Mitchell Robinson, Waive Norvel Pelle

The New York Knicks have exercised their 2021-22 team option for center Mitchell Robinson. Robinson will now be on the Knicks books for $1.8 million.

New York and Robinson still have lots of contract options moving forward. If Robinson simply plays out this contract, he'll be an unrestricted free agent in the summer of 2022. New York could also reach an extension of up to four years, worth as much as $51 million with their young center. That extension would start with the 2022-23.

The Knicks and Robinson can also use some of New York's cap space this year in a renegotiation and extension. This would allow the Knicks to bump Robinson's salary for this season, while adding on some additional years.

The 23-year-old Robinson continues to show promise, but missed over half of last season due to injuries. When healthy, he's shown he can be an elite finisher, shot-blocker and a very good rebounder.

New York also waived center Norvel Pelle. This move was expected and will free up $1.7 million in cap space for the Knicks.

Read more: https://basketball.realgm.com/wiretap/263560/Knicks-Exercise-Team-Option-For-Mitchell-Robinson-Waive-Norvel-Pelle

Spencer Dinwiddie To Wizards Gains Momentum With Kyle Kuzma Or Montrezl Harrell Going To Nets

The Washington Wizards could move quickly to acquire Spencer Dinwiddie from the Brooklyn Nets in a sign-and-trade, sources tell Jake Fischer of Bleacher Report.

The deal could be folded into Washington's trade with the Los Angeles Lakers involving Russell Westbrook with Kyle Kuzma or Montrezl Harrell going to the Nets.

Brooklyn also continues to unload the salary of DeAndre Jordan.

Read more: https://basketball.realgm.com/wiretap/263553/Spencer-Dinwiddie-To-Wizards-Gains-Momentum-With-Kyle-Kuzma-Or-Montrezl-Harrell-Going-To-Nets

Chris Paul Expected To Re-Sign With Suns On Three-Year, $90M+ Deal

The Phoenix Suns and Chris Paul are widely expected to agree upon a new contract worth at least $90 million over three years.

There was a period last week in which league personnel began to speculate that Paul could play elsewhere with the New Orleans Pelicans a possibility. New Orleans had interest in Paul before the 20-21 season and hired Willie Green as head coach this offseason. Paul and Green are known to maintain a close relationship.

The salary cap complications involved with Paul leaving the Suns always made the him leaving the team unlikely.

Paul helped lead the Suns to The Finals in his first season with the franchise.

Read more: https://basketball.realgm.com/wiretap/263552/Chris-Paul-Expected-To-Re-Sign-With-Suns-On-Three-Year-$90M+-Deal

Celtics Acquire Josh Richardson From Mavericks Using TPE

The Boston Celtics have agreed to acquire Josh Richardson from the Dallas Mavericks using their $11 million trade exception.

Richardson is exercising his $11.6 million player option for the 21-22 season for the deal.

The trade will be finalized on Saturday as Richardson's salary jumps when the league season rolls over and the TPE would no longer be sufficient to accommodate his contract.

Dallas acquired Richardson from the Philadelphia 76ers last offseason for Seth Curry. The Mavericks could have up to $33 million in cap space following the move.

Read more: https://basketball.realgm.com/wiretap/263542/Celtics-Acquire-Josh-Richardson-From-Mavericks-Using-TPE

Bulls Extend Qualifying Offer To Lauri Markkanen

The Chicago Bulls have extended the qualifying offer to Lauri Markkanen, which will make him a restricted free agent.

Markkanen is expected to have several teams pursuing him in free agency.

The Bulls and Markkanen were reportedly far apart in extension negotations before the 20-21 season and he was subsequently shopped in trade discussions.

Read more: https://basketball.realgm.com/wiretap/263541/Bulls-Extend-Qualifying-Offer-To-Lauri-Markkanen

Celtics Trade Tristan Thompson To Hawks For Kris Dunn

The Boston Celtics have agreed to trade Tristan Thompson to the Atlanta Hawks for Kris Dunn, Bruno Fernando and a 2023 second round pick.

The move gives the Celtics some salary cap and luxury tax flexibility as they attempt to re-sign Evan Fournier, while Thompson gives the Hawks depth at center behind Clint Capela. The Hawks will be without Onyeka Okwongu for at least the next six month following shoulder surgery.

Thompson signed a two-year, $19 million contract with the Celtics last offseason.

Dunn signed a two-year, $10 million deal with the Hawks last offseason as well, but was largely limited due to ankle and back injuries.

Read more: https://basketball.realgm.com/wiretap/263540/Celtics-Trade-Tristan-Thompson-To-Hawks-For-Kris-Dunn

Tristan Thompson To Kings, Delon Wright To Hawks, Kris Dunn To Celtics In Three-Way Trade

The Boston Celtics have agreed to trade Tristan Thompson to the Sacramento Kings as part of a three-way trade with the Atlanta Hawks. Wright will be routed to the Hawks, while Boston will acquire Kris Dunn.

The move gives the Celtics some luxury tax flexibility as they attempt to re-sign Evan Fournier.

Thompson signed a two-year, $19 million contract with the Celtics last offseason. Thompson gives Sacramento insurance at center heading into the free agency of Richaun Holmes.

Dunn signed a two-year, $10 million deal with the Hawks last offseason as well, but was largely limited due to ankle and back injuries.

Read more: https://basketball.realgm.com/wiretap/263540/Tristan-Thompson-To-Kings-Delon-Wright-To-Hawks-Kris-Dunn-To-Celtics-In-Three-Way-Trade

Pacers To Exercise Team Option For Edmond Sumner

Indiana Pacers President of Basketball Operations Kevin Pritchard said the team plans to pick up their 2021-22 team option for guard Edmond Sumner. Sumner will return to Indiana for $2.3 million next season.

Sumner was drafted by the Pacers in the second round of the 2017 NBA Draft. He was one of the first players to agree to a two-year Two-Way contract. Sumner spent the majority of his rookie season rehabbing from an injury. The following year, Sumner signed a standard contract with the Pacers after outplaying his Two-Way status. He then signed his current three-year contract in the summer of 2019.

Last season, Sumner saw his most extensive action, as he played in 53 games with 24 starts. He averaged 7.5 points per game on an impressive 52.5% from the field. Sumner also hit 39.8% on three-pointers, while providing solid defense.

Read more: https://basketball.realgm.com/wiretap/263539/Pacers-To-Exercise-Team-Option-For-Edmond-Sumner

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