August 3, 2021 | 7:48 pm EDT Update
Tony Jones: Georges Niang has agreed to a two year deal with the Philadelphia 76ers, league sources tell The Athletic
Darren Wolfson: It’s a 1-year two-way deal for Nathan Knight and the #Timberwolves. They beat out the Thunder and Warriors for him. Played in 33 games for the Hawks last year, played in college with #Gophers guard Luke Loewe. @HoopsHype first on an agreement reached.
August 3, 2021 | 7:43 pm EDT Update
Shams Charania: Free agent guard George Hill plans to sign with the Bucks after clearing waivers and the opening of league year Aug. 6, sources tell @TheAthletic @Stadium. The veteran PG is set to return to Milwaukee.
Other cap notes: Derrick Rose’s deal with the Knicks is expected to be via the Early Bird exception, sources confirm. So the Knicks should have roughly $8 million in cap space left over following the deals agreed upon with Rose, Nerlens Noel, Alec Burks and Evan Fournier. All of the contracts agreed to on Monday were not fully guaranteed in the final season, SNY has learned (immediately after the Burks deal was agreed upon, SNY reported that it would be fully guaranteed. We regret the error).
There was a point during free agency where New York and Dallas were interested in exploring a sign-and-trade that would send Reggie Bullock to Dallas, SNY has learned. It’s unclear if the sign-and-trade possibility was pursued/has been pursued after Bullock committed to the Mavericks.