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NBA has informed teams of 2018-19 season salary cap and tax: New salary cap: $101.8M; Luxury Tax: $123M. Non-Tax Mid-level: $8.6M; Tax-payers mid-level: $5.3M; Room Mid-Level: $4.4M. Bi-annual: $3.4M (@wojespn)
Re-Signings
Davis Bertans has agreed to re-sign with the San Antonio Spurs on a two-year, $14 million deal - (@ShamsCharania)
New Signings
Luc Mbah a Moute has agreed to sign with the Los Angeles Clippers on a one-year, $4.3 million deal - (@wojespn)
Extension Rumors
The Athletic Sources: Karl-Anthony Towns and the Minnesota Timberwolves are discussing a maximum rookie scale contract extension, colleague @JonKrawczynski and I are told. - (@MikeAScotto)
"The Knicks hadn't begun negotiations on an extension with Kristaps Porzingis early in free agency and it doesn't sound like an extension is imminent. The All-Star forward is eligible for a 5-year, $157 million extension this summer but the Knicks would have an additional $10 million in cap space in 2019 - when they hope to sign a top free agent - if they waited to extend Porzingis until next summer. Knicks GM Scott Perry was asked if the Knicks were more likely to wait until next summer to extend Porzingis. "We'll continue to stay in touch with Kristaps," Perry said in Las Vegas on Tuesday, per ESPN's Nick Friedell. "He's part of our long-term plan. But, we'll get all that figured out at the appropriate time in terms of when we get into that negotiation. We're comfortable with were at with him and we'll work together with he and his representation to figure something out." Perry wouldn't comment when asked whether negotiations had begun. "We're in constant contact with him about his rehab and just about he and the Knicks moving forward." " - (@IanBegley)
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