HoopsHype: Atlanta Hawks

“The Warriors are expected to be paying the most in luxury tax for next season. They just paid an estimated $177 million just to miss the playoffs. The biggest thing for sure is the Klay Thompson stuff. At this juncture, I am skeptical there’s really much of a market out there. The Orlando stuff, I’m not so certain about. There’s definite word that the Magic are only going to be willing to offer a two-year balloon payment bigger than what they did for Joe Ingles last year.”
Source: YouTube

It’s impossible to not view Giddey as insurance in case Ball doesn’t return. By bringing in Giddey, the Bulls also might have signaled they’re ready to move on from Ball. A trade or buyout could be likely. With Giddey, though, the Bulls have another young piece who gives Chicago a chance at rebuilding. The Bulls were stuck in neutral continuing with what was virtually the same roster for the past three seasons.
Source: New York Times

The Golden State Warriors have a two-year contract offer on the table for Klay Thompson ahead of his upcoming free agency, according to ESPN’s Tim MacMahon. During a Thursday appearance on The Hoop Collective, MacMahon revealed that “we’ve heard its a two-year offer” (30:25 mark). He added that the duration of the deal could mean more to Thompson than the price, explaining that “it’s as much about years as dollars in some of these cases.”
Source: Bleacher Report

“When asked about LeBron James’ future under JJ Redick, Shams Charania said, ‘One thing JJ Redick did make a point in his meetings with the Lakers was utilizing LeBron James more off the ball. LeBron James is going to turn 40 years old in December, so keeping him fresh down the stretch of the season is going to be important.'”
Source: YouTube

James is expected to opt out of his current contract. Although the sense is he’ll re-sign with the Lakers, he will be an unrestricted free agent if he declines his player option. He has not been an active participant in the team’s coaching search, according both to people in his camp and Lakers officials.
Source: Los Angeles Times

Adrian Wojnarowski: ESPN Sources: Free agent G Malik Monk intends to sign a four-year, $78 million deal — including a player option — to return to the Sacramento Kings. Monk had career-bests of 15 points and five assists on his way to the NBA’s Sixth Man of the Year runner-up. pic.twitter.com/J8KuOwPl0H
Source: Twitter @wojespn

League sources reiterated that the Bulls remain active on several trade fronts centered on Zach LaVine, including with the Utah Jazz and Philadelphia 76ers.
Source: NBC Sports Chicago

Joe Cowley: According to a source, Bulls also feel there is a growing trade market for Zach LaVine with a handful of teams feeling like they have no shot at the several coveted free agents that will be out there. Let the game of chicken begin …
Source: Twitter @JCowleyHoops

Adrian Wojnarowski: Caruso is entering the final year of his deal and becomes eligible for a four-year, approximately $80M extension exactly six months from the date of this trade. The Thunder made the trade with the hope to have Caruso as an integral player for the long-term.
Source: x.com

Adrian Wojnarowski: BREAKING: The Chicago Bulls are trading two-time All-Defensive guard Alex Caruso to the Oklahoma City Thunder for guard Josh Giddey, sources tell ESPN. pic.twitter.com/V3t12MA3Uo
Source: Twitter @wojespn

Shams Charania: The Philadelphia 76ers’ interest in pursuing Paul George has significantly waned in recent days, and the franchise is expected to be aggressive elsewhere with its salary cap flexibility and draft capital leading into next week’s NBA Draft, sources tell @TheAthletic @Stadium.
Source: Twitter @ShamsCharania