Darren Collison, Isaiah Thomas

Darren Collison signs three-year, $16 million contract with the Kings

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Darren Collison, scheduled to earn less than $2 million next season, opted out of his contract seeking two things:

  • To re-sign with the Clippers
  • To make more money

The Clippers are most concerned with upgrading at small forward, leaving Collison hanging in the open.

At least he’ll get paid.

Brad Turner of the Los Angeles Times:

Forget the Kings re-signing Isaiah Thomas and remaining under the luxury tax. They’re now hard-capped, and even if they waive Quincy Acy and Willie Reed, I project they could offer Thomas a stating salary of less than $5,745,652 – which could max out at $33,037,499 over a five-year contract. However, that starting salary must be lowered by the amount of Carl Landry’s potential incentives, an amount I do not know.

Even if Landry’s incentives are only $1 – an exaggeratedly low figure – that’s not enough space to keep Thomas. Unless the Kings make another deal, they’re likely rolling with Collison as their starter and Ray McCallum as his backup.

Essentially, if another team offers Thomas, a restricted free agent, a contract that would take the Kings over the hard cap, they can’t match. I bet someone does that, unless Sacramento makes other moves to clear room before Collison’s deal becomes official July 10.

The Clippers will miss Collison, especially the relief he provided for Chris Paul. This might make the them hesitant to trade Jamal Crawford now. Though a starting small forward is a bigger concern than having a scoring guard off the bench, both matter.

Update: Ken Berger of CBSSports.com:

That would be the other shoe to drop. Jason Terry, Carl Landry, Jason Thompson and Travis Outlaw are all candidates. (Man, Sacramento has a lot of bad contracts.)

That could give the Kings room to re-sign Thomas below the hard cap. Perhaps more importantly, it could give them room to leverage a sign-and-trade for Thomas.

Dion Waiters explains decision to sign with the Heat in an Instagram post

OKLAHOMA CITY, OK - MAY 24:  Dion Waiters #3 of the Oklahoma City Thunder reacts in the first quater against the Golden State Warriors in game four of the Western Conference Finals during the 2016 NBA Playoffs at Chesapeake Energy Arena on May 24, 2016 in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Ronald Martinez/Getty Images)
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On Monday, Dion Waiters agreed to a one-year, $2.9 million deal with the Heat, far less than most people thought he would get as one of the few significant free agents still on the market. Tuesday afternoon, he posted an explanation on Instagram for his deal.

Here’s what he said:

I didn’t do it for the money… I did it for the opportunity to go out & ball & have fun. Everything else will take care of its self!!! I just felt like it was the best situation for me…& my family. I could have waited & got wat I wanted. But I rather be happy then miserable at the end of the day!!! Meaning Yu can have everything & still not be happy… #heatnation let’s get it!!! #provethemwrong #stamped #Philly

It seems clear, based on the market, that the kinds of offers Waiters was hoping for weren’t out there for him. In Miami, with Dwyane Wade gone, he’ll probably start at shooting guard and have plenty of opportunities to prove himself in hopes of landing a long-term deal next summer.

Report: Celtics sign second-round pick Demetrius Jackson to four-year deal

PHILADELPHIA, PA - MARCH 27:  Demetrius Jackson #11 of the Notre Dame Fighting Irish walks to the bench late in the second half against the North Carolina Tar Heels during the 2016 NCAA Men's Basketball Tournament East Regional Final at Wells Fargo Center on March 27, 2016 in Philadelphia, Pennsylvania.  (Photo by Elsa/Getty Images)
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While we wait for the Celtics to make a bigger move to trade for another star, they’re filling out the end of their roster. Sheridan Hoops’ Michael Scotto is reporting that they’ve signed Demetrius Jackson, the No. 45 pick in last month’s draft, to a four-year deal.

Jackson declared for the draft after his junior season at Notre Dame. Talent-wise, he has the chance to be a major steal for Boston — DraftExpress has him ranked as the 17th-best overall prospect in this year’s draft class. But he might not play much his first year. The Celtics’ roster is already crowded and there’s still the chance that they’ll make another move with some of their much-vaunted assets if the right star becomes available.

Hawks sign former Michigan State center Matt Costello

ST LOUIS, MO - MARCH 18: Matt Costello #10 of the Michigan State Spartans handles the ball against Darnell Harris #0 of the Middle Tennessee Blue Raiders in the second half during the first round of the 2016 NCAA Men's Basketball Tournament at Scottrade Center on March 18, 2016 in St Louis, Missouri.  (Photo by Dilip Vishwanat/Getty Images)
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ATLANTA (AP) — The Atlanta Hawks have signed undrafted rookie free agent center Matt Costello of Michigan State.

The 6-foot-9, 245-pound Costello averaged 5.7 points and 5 rebounds on the Hawks’ summer league team in Las Vegas.

Costello averaged 10.7 points and 8.2 rebounds as a senior at Michigan State. He holds the school’s career record with 146 blocked shots.

Terms of the deal were not released.

Watch Jamal Crawford drop an effortless 44, hit game winner at Seattle pro-am

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Jamal Crawford knows how to get buckets.

He does it against NBA level defenders, so put him in a free-flowing pro-am — let’s say the Seattle pro-am in his hometown — and he barely breaks a sweat dropping 44. And nailing the game winner.

Doc Rivers hopes to see a lot of that next season.