Five Key Stories: 7/22/17 – 7/29/17

Here are some of the most noteworthy stories from the past week at Hoops Rumors:

The Cavaliers have signed free agent point guard Derrick RoseThe signing of the former MVP is now official and comes at a time when the future of the Cavaliers‘ current starting point guard Kyrie Irving remains in limbo. Rose’s contract is for one year at a minimum salary. The long-time Bull played last season with the Knicks, averaging 18.0 PPG, while shooting 47.1% from the floor and 87.4% from the charity stripe.

The Nets have acquired Allen Crabbe via trade. In the deal, the Trail Blazers will receive Andrew Nicholson, who the team will subsequently waive and stretch his contract. Just a year ago, the Nets presented Crabbe with an extremely generous offer sheet that ended up being matched by Portland.

Brandon Knight is expected to miss the entire 2017/18 season. Knight suffered a torn ACL in his left knee and will undergo surgery. The Suns guard averaged 11.0 PPG last season in 21.1 MPG.  The Kentucky product is owed $13.6MM this season, $14.6MM next, and $15.6MM more the following season.

Courtesy of USA Today Sports ImagesSeveral teams have made offers for Kyrie IrvingAdrian Wojnarowski reported that the SpursClippersKnicksSuns, and Timberwolves have each made a trade offer for the disgruntled Cavaliers star point guard. The Heat were originally included by Woj in that group, but Miami denied putting an offer on the table for Irving.

The Knicks will hire Gerald Madkins as their assistant GM.  Madkins had been an assistant GM with the Clippers for the past two seasons. Since joining the organization in 2012, he also served as director of basketball operations and director of scouting. The Kings and Bucks had also expressed interest in Madkins.

 


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