Pau Gasol

NBA Notes: Derrick Rose, Cavs reach agreement on 1-year deal

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NBA Notes: Derrick Rose, Cavs reach agreement on 1-year deal

CLEVELAND -- For the moment, the Cavaliers have one content, proven point guard.

Free agent Derrick Rose agreed Monday to sign with Cleveland, a person familiar with the decision told The Associated Press. Rose, a former NBA MVP who has struggled with knee injuries, will get a one-year contract at the veteran's minimum of $2.1 million, said the person who spoke on condition of anonymity because the team has not announced the agreement.

The deal is expected to be finalized and announced Tuesday.

Rose played for the New York Knicks last season and averaged 18 points and 4.4 assists. The 28-year-old Rose's role with the Cavs is still to be determined. He could be used as a backup or even start depending on what the team does with All-Star Kyrie Irving, who recently asked for a trade.

Irving's demands have complicated things for the defending Eastern Conference champions, who were beaten by Golden State in the Finals. They'll certainly find interest in Irving, but it may be challenging to find comparable talent in return.

That's where Rose comes in. If healthy, Rose is a dynamic scorer capable of taking over a game, and paired with LeBron James, he could be even more dangerous (see full story).

Spurs: Gasol signs 3-year deal
SAN ANTONIO -- The San Antonio Spurs have signed Pau Gasol to a three-year contract.

The Spurs announced the signing on Monday. Gasol opted out of the two-year deal he signed last summer to give the Spurs more salary cap flexibility to supplement the roster in free agency. But he always intended to re-sign with San Antonio, where he averaged 12.4 points and 7.8 rebounds in just over 25 minutes per game last season.

Gasol played 64 games, filling a starting role and coming off the bench for a team that won 61 games and lost to Golden State in the Western Conference finals.

Gasol's help allowed the Spurs to add Rudy Gay and Brandon Paul in free agency.

Cavaliers: Altman officially named full-time GM
CLEVELAND -- Koby Altman's summer job has turned into something permanent.

The Cavaliers, who have had a bumpy few weeks since losing in the NBA Finals, named Altman their full-time general manager on Monday. Altman's promotion had been expected for days and is a reward for the 34-year-old, who has been serving as Cleveland's interim GM this summer after David Griffin parted ways with the club.

Altman came to Cleveland in 2012 and was promoted to Griffin's assistant last summer after the Cavs won the championship. He will be the fifth GM for owner Dan Gilbert since 2005.

Gilbert said he's been impressed with the job Altman -- and other members of Cleveland's front office -- have done over the past five weeks.

"Koby Altman has led our front office group through this transition period, impressing many inside the franchise and outside the organization, as well," Gilbert said in a statement. "We are very excited that he will now be officially leading the basketball side of our franchise. Koby has the credentials, knowledge, experience and instincts to be an outstanding general manager. In addition to these positive attributes and outstanding relationships around the league, Koby will inspire and impact the best possible culture throughout the organization" (see full story).

Pistons: Montego inks 2-way contract
AUBURN HILLS, Mich. -- The Detroit Pistons have signed Luis Montero to a two-way contract.

The team announced the deal Monday. The 6-foot-7 Montero played 49 games last season for the Sioux Falls Skyforce and Reno Bighorns of the NBA G League. He played in 12 NBA games with the Portland Trail Blazers in 2015-16, averaging 1.2 points, 0.3 rebounds and 0.1 assists.

NBA teams are allowed two two-way players on their roster at any time, in addition to the 15-man, regular-season roster.

NBA Notes: Pau Gasol reportedly agrees to 2-year deal with Spurs

NBA Notes: Pau Gasol reportedly agrees to 2-year deal with Spurs

The San Antonio Spurs didn't waste any time after losing out in the Kevin Durant sweepstakes.

The Spurs agreed to a two-year deal with veteran forward Pau Gasol on Monday, a person with knowledge of the situation told The Associated Press.

The deal is worth more than $30 million and final terms will be completed after the Spurs make a move or two to create the necessary cap space, according to the person who spoke on condition of anonymity because the contract cannot be signed until Thursday.

The Spurs were one of six teams granted a meeting with Durant last weekend, and they had hoped to sell the biggest available free agent on joining the most consistently successful American sports franchise of the last two decades. But Durant announced on Monday he was leaving the Oklahoma City Thunder for the Golden State Warriors, making the Western Conference even more daunting for the Spurs and the rest of the contenders.

That didn't stop the Spurs from remaining aggressive in hopes of matching a team that won a league-record 73 regular-season games and just added a fourth All-Star to its roster (see full story).

Mavericks: Team reportedly agrees to trade for Bogut
DALLAS -- Andrew Bogut is headed to the Dallas Mavericks from Golden State thanks to the Warriors' successful pursuit of Kevin Durant.

A person with knowledge of the deal said Monday that the Mavericks have agreed to acquire Bogut with the Warriors trying to clear salary cap space so they can add the four-time scoring champion Durant to the Splash Brothers duo of Stephen Curry and Klay Thompson.

Other details of the trade are still being worked out, the person told The Associated Press on condition of anonymity because the deal hasn't been finalized and can't be official until league business resumes Thursday.

The person also said the Mavericks are set to sign Harrison Barnes, who will become an unrestricted free agent after Golden State renounces his rights to clear enough cap room to sign Durant.

The Mavericks had informed Barnes they would him extend him an offer sheet as a restricted free agent, but now the sides have agreed to a maximum contract and Dallas will sign Barnes to a four-year, $94 million deal as early Thursday when contracts can be finalized (see full story).

Heat: Team reportedly offers Wade bigger deal to stay
MIAMI -- Dwyane Wade has an offer to consider.

Wade has been extended a two-year, $40 million contract offer to stay with the Miami Heat, a person with knowledge of the negotiations told The Associated Press on Monday.

The second year would be at Wade's option, said the person who spoke to the AP on condition of anonymity because talks are ongoing. The contract, if accepted, would essentially match the career-best $20 million salary Wade made this past season.

This is the second consecutive summer in which Wade and the Heat have had a rocky time finding common contractual ground, and the issue this time could be more about the length of the deal than the compensation. Wade has left millions on the bargaining table in past negotiations with the Heat, though some of that sacrifice also helped him win championships in 2012 and 2013.

A three-year deal would obviously help him recoup more of what he's given up in the past (see full story).

Knicks: Jennings reportedly agrees to one-year deal
NEW YORK -- A person with knowledge of the details says that Brandon Jennings has agreed to a deal with the New York Knicks.

Jennings will finally join the Knicks after they passed on him in the 2009 NBA draft, the person told The Associated Press on Monday, confirming reports of the point guard's one-year, $5 million deal.

The Knicks took forward Jordan Hill with the No. 8 pick in 2009. Jennings went two picks later to Milwaukee, and he hurt the Knicks with a series of strong performances when he played against them.

Now he will come to New York as the backup to Derrick Rose, whom the Knicks acquired from Chicago in a trade last month.

Jennings was limited to 48 games last season with Detroit and then Orlando after he was traded at midseason. He has averaged 15.5 points and 5.9 assists in 460 games.