The Washington Wizards and Marcus Smart agree on a buyout. Smart is expected to sign with the Los Angeles Lakers on a new two-year $11 million contract
The Miami Heat trade Haywood Highsmith and a 2032 second round draft pick to the Brooklyn Nets for a 2026 late second round draft pick, protected from positions 31-55. The Brooklyn pick is highly unlikely to convey, but the Heat get below the tax line with this transaction
The New York Knicks sign Malcolm Brogdon to a non-guaranteed one-year deal, adding to their list of players who will be competing in training camp for a roster spot