Adrian Wojnarowski: Undrafted William & Mary center Nathan Knight is signing a two-way deal with the Atlanta Hawks, source tells ESPN.
Steve Popper: Can confirm that the Knicks will sign Myles Powell in the next few days and he is expected to be in training camp with the team.
Scott Agness: Source: Rayshaun Hammonds has agreed to an Exhibit 10 deal with the Pacers. He’s a lefty with range, and did part of his pre-draft training in Indy.
Adam Zagoria: Myles Powell will be signing a free agent deal with the Knicks, per source. Story coming
Bryan Kalbrosky: After signing Mason Jones and Trevelin Queen, the Rockets easily have two of the best undrafted free agents. Both of these players have worked incredibly hard to get where they are and will only continue to improve. bit.ly/2XBlpoR #NBADraft (@masonjones2 + @trev_up)
The Nets have signed undrafted Kentucky stretch 4 Nate Sestina to an Exhibit 10 contract following going undrafted in Wednesday’s NBA Draft. An Exhibit 10 is essentially a training camp invite. Sestina, who stands at 6’9” with a 230+ pound frame, played four years at Bucknell University and one year as a graduate student at Kentucky.
Chris Haynes: Undrafted free agent guard Trevelin Queen of New Mexico State has reached an agreement with the Houston Rockets, league sources tell Yahoo Sports.
Chris Haynes: Yahoo Sources: Undrafted free agent Omer Yurtseven - seven-footer from Georgetown - reached agreement with Oklahoma City Thunder on an Exhibit 10 contract. Posted 15.5 pts, 9.8 rebs and 1.5 blks last season.
Nets Daily: Nets undrafted pick up Nick Sestina played a fifth year at Kentucky last season. Before that, the 6’9” stretch 4 played four years at Bucknell, also alma mater of @J_R_Holden, Nets director of player personnel and former Euroleague star with CSKA Moscow.
KC Johnson: After not biting on question last night, Artūras Karnišovas confirms to @mullyhaugh that undrafted free agent Devon Dotson will sign a two-way contract.
Shams Charania: Florida State point guard Trent Forrest is signing a two-way contract with the Utah Jazz, sources tell @The Athletic @Stadium.
Shams Charania: Undrafted Butler guard Sean McDermott has agreed to a two-way deal with the Memphis Grizzlies, sources tell @TheAthleticNBA @Stadium.
Shams Charania: Michigan's Zavier Simpson has agreed to an undrafted free-agent deal with the Los Angeles Lakers, sources tell @TheAthleticNBA @Stadium.
Tim MacMahon: Source: Mavs have agreed to terms with undrafted Baylor C/PF Freddie Gillespie.
Mike Singer: After a wild, eventful, productive night, the #Nuggets went out and signed the NCAA's leading scorer. Marquette's Markus Howard will be on a two-way deal, a league source said. His *worst* 3-point shooting season was 40% throughout his college career. https://t.co/701vbdWOD0
Andrew Greif: Confirming @Chris Haynes info from earlier that 6-1 Saint Mary's guard Jordan Ford has signed an Exhibit 10 deal with the Clippers, per source. He'll be in training camp next month.
Adrian Wojnarowski: The WCC’s Defensive Player of the Year — guard Jahlil Tripp of Pacific — is signing an Exhibit 10 deal with the Memphis Grizzlies, his agent Daniel Green tells ESPN.
Chris Haynes: Undrafted free agent Jordan Ford of Saint Mary’s — WCC leading scorer and 12th in nation — signing with the Los Angeles Clippers on an Exhibit 10 deal, league sources tell Yahoo Sports.
Shams Charania: Michigan's Zavier Simpson has agreed to an undrafted free-agent deal with the Los Angeles Lakers, sources tell @The Athletic @Stadium.
Darren Wolfson: Hear former East Ridge HS, Carleton, and Baylor big Freddie Gillespie will land with the Dallas Mavericks. Great night for Twin Cities basketball. Sacar Anim and others will have some opportunities too.
Shams Charania: Undrafted Butler guard Sean McDermott has agreed to a two-way deal with the Memphis Grizzlies, sources tell @The Athletic @Stadium.
Undrafted free agent Josh Hall signed with the Oklahoma City Thunder early Thursday morning, hours after the draft ended. A 6-foot-9 wing, Hall committed to N.C. State out of Moravian Prep School in Hickory but decided to skip school and enter the draft.
Harrison Wind: Source: Nuggets are signing Markus Howard to a two-way contract.
Brad Townsend: U of Houston swingman Nate Hinton tells folks on IG Live that he’s going to the Mavericks as an undrafted free agent. pic.twitter.com/v2c9Q2xU7n
Adrian Wojnarowski: UAB guard Nate Darling is signing a two-way deal with Charlotte, his agents Mike George and Nate Daniels of @OneLegacySports tell ESPN.
Shams Charania: Undrafted Penn State forward Lamar Stevens has agreed to a two-way deal with the Cleveland Cavaliers, sources tell @The Athletic @Stadium.
Adrian Wojnarowski: Undrafted Kansas guard Devon Dotson is signing with the Chicago Bulls, source tells ESPN. Dotson is a Chicago native who grew up idolizing Derrick Rose.
Shams Charania: Undrafted Kentucky guard Ashton Hagans has agreed to a two-way deal with the Minnesota Timberwolves, sources tell @The Athletic @Stadium.
Bryan Kalbrosky: Nate Hinton has accepted a two-way deal with the Dallas Mavericks, according to his agent Tallen Todorovich. This was my Interview with the @UHCougarMBK star: bit.ly/32XJ3xH
April 1, 2023 | 3:13 am EDT Update
NBA will implement a second salary cap apron for highest-spending teams

The NBA is curbing the ability of the highest-spending teams, such as the Golden State Warriors and the LA Clippers, to continue running up salary and luxury tax spending while still maintaining mechanisms to add talent to the roster. The NBA is implementing a second salary cap apron — $17.5 million over the tax line — and those teams will no longer have access to the taxpayer mid-level in free agency. Those changes will be eased into the salary cap over a period of years. Under these changes, Golden State’s Donte DiVincenzo, Milwaukee’s Joe Ingles, Boston’s Danilo Gallinari and former Clippers guard John Wall wouldn’t have been able to sign with those teams last summer.

The NBA and NBPA have agreed to increase the upper limits on extensions from a 120% increase on a current deal to 140%, which could have a significant impact on the futures of stars like Celtics forward Jaylen Brown. Under the current rules, Brown would be allowed to sign a four-year extension worth $165 million. With the extension rules increased to 140%, however, Brown — who is set to earn $31.8 million in the 2023-24 season, the final year of his current contract — would be able to reach his four-year maximum of $189 million, according to ESPN’s Bobby Marks.
There is an increase in two-way contract slots, jumping from two to three per team. Two-way contracts were created in the 2017 collective bargaining agreement as a vehicle for teams to develop younger players. It has been seen as a success, as it’s become a route to players earning long-term homes in the league, and in several cases becoming major contributors.
The in-season tournament will arrive beginning in the 2023-24 season. The event will include pool-play games baked into the regular-season schedule starting in November — with eight teams advancing to a single-elimination tournament in December. The Final Four will be held at a neutral site, with Las Vegas prominent in the discussion, sources said. Each in-season tournament game would count toward regular-season standings; the two finalists would ultimately play 83 regular-season games. Winning players and coaches will earn additional prize money.
Shams Charania: Prize money for the championship team of the NBA’s In-Season Tournament beginning in 2023-24 season: $500,000 per player, sources tell @TheAthletic @Stadium.
NBA Communications: The following has just been released:

Tamika Tremaglio: Since day one, the goal of the NBPA in this negotiation was to protect our players, enrich their lives on and off the court, and establish a framework that recognizes our players as true partners with the governors in both the NBA and the business world at large!
April 1, 2023 | 2:51 am EDT Update
League, players agree to a new seven-year CBA

Adrian Wojnarowski: BREAKING: The NBA and NBPA have agreed on a new seven-year collective bargaining agreement, clearing the way for labor peace through this decade, sources tell ESPN. Deal includes a mutual opt-out after sixth year.