August 2, 2021 | 5:48 pm EDT Update
Jeff Schultz: The Hawks and guard Trae Young are expected to finalize terms on a max contract shortly after midnight, a source told @TheAthletic . The NBA technically doesn’t allow extension of rookie deals until after midnight.
August 2, 2021 | 5:39 pm EDT Update
Marc Stein: Dallas, I’m told, is expected to reach agreement to re-sign Tim Hardaway Jr. early in free agency. Hardaway and Boban Marjanovic are two Mavs free agents they were determined to retain and sources say they will. 30-ish minutes ’til the bell rings. More: marcstein.substack.com/p/free-agency-…
Bobby Marks: The contracts for Thaddeus Young ($14.2M) and Tomas Satoransky ($10M) are now guaranteed. The Bulls have $96.3M in guaranteed contracts but are technically over the cap because of the $20.2M Lauri Markkanen cap hold.