Shams Charania

Paolo Banchero, Magic agree to five-year rookie max extension - via ESPN https://t.co/PJ0O0MqfzO

This cements the Magic core of Banchero, Franz Wagner and Jalen Suggs now all under contract for the next five years.

On LeBron James and the Lakers for the midnight @SportsCenter: https://t.co/XPK4lSo065

The deal brings Trent back to the team where he emerged as a key rotation player, averaging 11.1 points and 41.2% 3-point shooting, and allows him to re-enter the free agency market next summer when many more teams will have cap space.

Sources: Deandre Ayton to become free agent after Trail Blazers buyout - via ESPN https://t.co/Pr7JFejiPv

Sudden addition to the free-agent market. This gives Ayton, a former No. 1 overall pick who went to the NBA Finals with the Suns, the chance to receive a fresh opportunity as the Trail Blazers build around their depth of young centers.

Washington is sending guard Colby Jones to the Thunder, who will then release him, sources said.

The Oklahoma City Thunder are trading guard Dillon Jones and a second-round pick to the Washington Wizards, sources tell ESPN.

St. John's star RJ Luis Jr. has agreed to a two-way NBA contract with the Utah Jazz, sources tell ESPN.

Auburn's Miles Kelly has agreed to a two-way NBA deal with the Dallas Mavericks, sources tell ESPN.

NBA Finals: Oklahoma City Thunder-Indiana Pacers. Game 1: Thursday June 5, 8:30 pm ET on ABC.

Indiana's Aaron Nesmith is available to play in Game 4 tonight against the Knicks after sustaining a right ankle sprain in Game 3, source tells ESPN.

ESPN details on Warriors G/F Gary Payton II suffering a ligament tear in his left shooting hand and expected to miss time: https://t.co/u08LaQb4A4

Golden State Warriors G/F Gary Payton II has sustained a torn ligament in his left thumb and will be out for an indefinite period, sources tell ESPN. Brutal blow to the Warriors’ rotation. https://t.co/wfiq0pa1vm

Reporting for NBA Countdown on injury updates for Minnesota Timberwolves' Julius Randle and Donte DiVincenzo: https://t.co/eZfAK0CaD4

Sources: 76ers, Joel Embiid exploring options, such as surgery, for knee injury - ESPN: https://t.co/i0lXnvGuIL

New York's OG Anunoby – out since Feb. 1 with a toe injury – will make his return tonight against the Cleveland Cavaliers, league source tells ESPN.

@PrioritySports The move brings additional wing depth to the Grizzlies for the stretch run, re-signing Stevens who averaged 11.5 points and 5.1 rebounds in 19 games to close the 2023-24 season in Memphis.

Two weeks after Cleveland acquired De'Andre Hunter, the Cavaliers are set to further beef up their wing corps in the buyout market with former Pelicans forward Javonte Green. ESPN story: https://t.co/i0WRsbhkNZ

New Orleans Pelicans forward Javonte Green has agreed to a contract buyout and intends to sign with the Cleveland Cavaliers upon clearing waivers, sources tell ESPN. Additional wing depth for the East-best Cavs. https://t.co/oi21Chsddk

Free agent forward Torrey Craig has agreed to a deal with the Boston Celtics, Mark Bartelstein of @PrioritySports told ESPN. Craig averaged 6.9 points and 2.8 rebounds in nine games for the Bulls this season. https://t.co/vyLktPKLqH

The Oklahoma City Thunder are converting two-way guard Ajay Mitchell to a two-year, $6 million contract, agents Todd Ramasar and Mike Simonetta of Life Sports Agency told ESPN. Mitchell, the No. 38 pick in the 2024 Draft, has played a vital rotation role for the 40-9 Thunder. https://t.co/WxWw2OIFQe