According to ESPN’s Shams Charania, the Houston Rockets have re-signed veteran center Steven Adams to a three-year, $39 million extension.

During Ime Udoka’a double-big lineup, Adams played a critical role alongside Alperen Sengun. Many attribute his contributions to why Houston was so successful during their 52-win season.

The Rockets traded for Adams from the Memphis Grizzles during the 2023-24 season; this was during the time of him rehabbing from season-ending knee surgery.

Before re-signing with Houston, the 31-year-old was set to become a free agent this offseason, as he was in the final year of his two-year, $25.2 million contract.

According to ESPN’s Shams Charania, the Orlando Magic have traded Kentavious Caldwell-Pope, Cole Anthony, four first-round picks and a first-round pick swap to the Memphis Grizzlies for Desmond Bane.

The picks are the 16th overall pick, a 2026 first-round pick (Phoenix Suns), and Orlando’s 2028 and 2030 first-round pick. The pick swap is lightly protected, as it’s in 2029.

This trade is not expected to be completed until July 1st due to tax apron complications for the Magic.

One of the biggest needs for the Magic young core was a solid shooter who can open the floor for players like Paolo Banchero and Franz Wagner. Last offseason, they targeted Klay Thompson for these exact same reasons.

Memphis getting rid of Bane allows for them to become more flexible financially to be able to pay Santi Aldama and Jaren Jackson Jr.; two players they badly want to keep. Beyond their cap space concerns, this trade will give them nice backcourt depth for Ja Morant.

According to ESPN’s Shams Charania, the Phoenix Suns are most definitely trading Kevin Durant and it has come down to three teams they are negotiating with currently.

The frontrunners to potentially land Durant are the Minnesota Timberwolves, Houston Rockets, and Miami Heat. All three of these teams have shown legit interest since the NBA trade deadline, or, for the Heat, since the time the Suns landed him.

Serious negotiations have manifested over the past 48 hours, which includes multiple offers. Charania reports a deal could be done in the coming days.

“There is some serious traction on conversations, on trade scenarios,” Charania said on the Pat McAfee Show. “They’ve had about six to eight teams reach out. There’s been interest. There’s been some offers. There’s been some negotiation.”

Many reports have said a trade could be done before June 25th’s NBA draft.