Shane Larkin PG NY 4 days ago

Larkin agreed to terms with the Nets on a two-year deal worth $3 million on Thursday, Adrian Wojnarowski of Yahoo! Sports reports.

Larkin spent last season with the Knicks, appearing in 76 games and averaging 6.2 points, 3.0 assists and 2.3 rebounds per game. The Miami product figures to serve as the third point guard behind Deron Williams and Jarrett Jack, but he'll need to improve as a shooter (30.2% 3Pt) before he sees significant minutes.

Ed Davis PF/C LAL 4 days ago

Davis agreed to a three-year, $20 million contract with the Blazers on Thursday, Adrian Wojnarowski of Yahoo! Sports reports.

With plenty of holes to fill, Portland will bring in Davis on a very affordable deal. The Blazers are thought to still be in the hunt to retain LaMarcus Aldridge and Robin Lopez, but if one or both sign elsewhere, Davis could see an increased role. Aldridge's decision, in particular, will have the biggest effect on Davis, who projects as the starting power forward if Aldridge leaves.

Tim Duncan PF/C SA 4 days ago

Duncan announced Thursday that he will return to San Antonio next season, FOX Sports reports.

As most expected, Duncan will return for his 19th season with the Spurs. The terms of his new deal have not been released, but he's expected to take a significant pay cut, especially if the Spurs end up signing LaMarcus Aldridge to a max deal.

Aron Baynes C SA 4 days ago

Baynes agreed to terms with the Pistons on a three-year deal, which includes a player option for the third year, ESPN's Marc Stein reports.

After letting Greg Monroe walk, Detroit was in need of some frontcourt depth. Baynes certainly won't replace Monroe's production, but he's a solid all-around center who averaged 6.6 points and 4.5 rebounds in 16 minutes per game last season. The 28-year-old will have the option to hit free agency again in two summers after the cap is expected to rise significantly.

James Anderson SG PHI 4 days ago

Anderson agreed to a multi-year deal with the Kings on Thursday, Marc Spears of Yahoo! Sports reports.

Anderson spent last season in Lithuania, averaging 14.5 points and 5.1 rebounds in 28.4 minutes per game. The former first-round pick out of Oklahoma State has played for three NBA teams, most recently appearing in 80 games for the 76ers during the 2013-14 campaign.

Monta Ellis G DAL 4 days ago

Ellis and the Pacers agreed to terms on a four-year deal worth $44 million, ESPN's Chris Broussard reports.

Ellis will move on after two years in Dallas, and he figures to step in as the Pacers' starting shooting guard. Last season, Ellis averaged 18.9 points and 4.1 assists while shooting 44.5 percent from the field and 28.5 percent from three. The fourth year of Ellis' deal is a player option, so he'll have the opportunity to again be a free agent in the summer of 2018.

Walter Tavares C ATL 4 days ago

Tavares agreed to terms on a multi-year deal with the Hawks on Thursday, Marc Spears of Yahoo! Sports reports.

The massive, 7-3 center from Cape Verde was a second-round pick of Atlanta in the 2014 draft. He'll come over from Gran Canaria of the Spanish league, where he averaged 9.0 points and 7.7 rebounds in 21.6 minutes per game. He'll likely require an adjustment period in the NBA, so he may not hold much fantasy value initially.

Greg Monroe PF/C DET 4 days ago

Monroe and the Bucks agreed to terms on a maximum contract Thursday, Adrian Wojnarowski of Yahoo! Sports reports.

Monroe met with a number of teams, including the Lakers, Blazers and Knicks, but ultimately chose Milwaukee, likely due to its willingness to offer a maximum deal. With Jabari Parker returning and likely sliding in as the starting power forward, Monroe figures to see most of his time at center. The Bucks now have a host of talent in the frontcourt and may look to make a move to unload a piece this offseason.

Arron Afflalo SG/SF POR 4 days ago

Afflalo agreed to a two-year, $16 million deal with the Knicks on Thursday, ESPN New York reports.

The deal includes a player option for the second year, enabling Afflalo to get back on the market next summer when the cap is expected to take a significant leap. The veteran spent last season with the Nuggets and Blazers, averaging13.3 points per game. He figures to slide easily into the starting shooting guard spot for New York.

Omer Asik C NO 4 days ago

Asik has agreed to a deal with the Pelicans, John Reid of the New Orleans Times-Picayune reports.

Asik's contract will be five years and $60 million. He was valuable alongside Anthony Davis, averaging 7.3 points and 9.8 rebounds per game in 26 minutes per game for 76 games. Marc Stein reports that the final year of the contract is not guaranteed for Asik.