JR Smith: Happy to say that I am returning to the Cavs! It’s been a long ride this summer but I can say for sure, well worth the wait. When I opted out of my contract, I wanted to understand the landscape of the NBA and where I fit best. The Cavaliers had things they needed to do in order to piece together a championship caliber roster. I ended up deciding that instead of potentially securing a larger deal elsewhere, I wanted to rejoin an incredible organization in pursuit of the ultimate goal, an NBA championship. Thank you to the Cavaliers for making this happen. Can’t wait to get started! #TheLand http://instagram.com/p/6oG0NDNfH-/
July 25, 2016 | 3:08 pm EDT Update
Jon Krawczynski: AP Sources with @Tim Reynolds: Dion Waiters has agreed to a 1-year deal with Heat for $2.9M exception.
July 25, 2016 | 1:56 pm EDT Update
Adrian Wojnarowski: Portland guard CJ McCollum has reached agreement on a four-year, $106M maximum contract extension, league sources tell @The Vertical.