Scott Bordow: League source: Suns waiving Isaiah Canaan…

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Second, Gilbert loves underdogs like Thomas. He sees himself as an underdog, a self-made billionaire who went to Michigan State, not the Ivy League. In 2016, Gilbert was the driving force behind paying $2.4 million to buy a draft pick to take Kay Felder, an undersized point guard from Oakland University who attracted Gilbert because of his ability to overcome challenges. Felder didn't make it with the Cavs, but Thomas is the embodiment of what the Cavs were dreaming of with Felder.
Shams Charania: Sources: Suns are signing guard Isaiah Canaan to a minimum deal for the remainder of the season. Canaan has averaged 13 points, 5 assists since joining team on hardship exception.
“Mike established himself as an NBA player here and our partnership proved to be beneficial,” Suns general manager Ryan McDonough told Yahoo Sports. “Mike had a handful of 20-point games and helped us win a few games. We wish Mike the best as he works to find another home.” James’ release comes as young star Devin Booker and rookie Davon Reed are working to return to the court for the Suns, while Isaiah Canaan also has had strong performances since joining the team on an injury-hardship exemption. Canaan, who’s averaged 13 points and five assists in four games backing up Tyler Ulis, agreed to a minimum deal for the remainder of the season on Friday, league sources told Yahoo Sports.
"We're disappointed because I know Isaiah was really excited about getting back with the Rockets," Canaan's agent Mark Bartelstein said. "When they got the perimeter play of Trevor back, Daryl (Morey) the Rockets general manager called and said 'I don't think there's enough minutes for us to just justify using up our cap flexibility.'
Mark Bartelstein: "While we're disappointed, we understand it. If there's not an opportunity for Isaiah to play, they're so tight up against it, it, put them in a tough situation. They want to stay in close contact where if something were to happen with the roster and they have a need, I know he's the first guy they'll look at."
Michael Scotto: Oklahoma City Thunder will waive guard Isaiah Canaan, a league source told @BBallInsiders.
Chris Haynes: Free agent guard Isaiah Canaan has agreed to two-year, $2.2 million pact with Chciago Bulls, league source told @clevelanddotcom.
Vincent Goodwill: Bulls sign G Isaiah Canaan to two-year deal worth $2.2 million, second year team option, per a source. @Chris Haynes had it first
Storyline: Isaiah Canaan Free Agency
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June 16, 2021 | 6:40 am EDT Update

Nikola Jokic passes on Olympic Games

Denver Nuggets star and 2020-21 NBA season MVP Nikola Jokic will not join the Serbian selection for the Olympic Qualifying Tournament nor for the Olympics in case the team qualifies, the player informed Wednesday, via a statement on Serbian state news agency Tanjug. “To my great regret, this is the moment when I have to announce that despite my great desire, I am not able to play for the national team. Simply, the condition of my body requires a longer absence from the court to recover. I have to accept that. I am sure that the guys have the quality to make a result without me, which will bring us all a lot of joy”, Jokic mentioned in his statement.

Mario Hezonja back to Barça?

Mario Hezonja’s return to Europe with Panathinaikos after spending five seasons in the NBA has caught the attention of his former club FC Barcelona, which is looking to bring back the Croatian player next season. As reported by SER’s Pacojo Delgado, the 2021 Liga Endesa champions are close to bringing 26-year-old Hezonja back. On top of that, Barcelona has asked Cory Higgins for a 10% salary cut, and the player is likely to refuse and move on to Olimpia Milano.
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June 16, 2021 | 1:47 am EDT Update