Fred VanVleet

Fred VanVleet Switches Agents Ahead Of Possible Free Agency

Raptors guard Fred VanVleet is widely expected to turn down his $22.8MM player option for 2023/24 in order to become a free agent this summer. After parting ways with his longtime agent last month, VanVleet will now be represented by Klutch Sports Group, the agency formally confirmed (Twitter link).

Reports first surfaced in late January indicating that VanVleet would likely land with Klutch Sports.

A first-time All-Star last season, VanVleet has seen his three-point percentage decline to 34.4% in ’22/23 (he’s at 37.5% for his career). However, the rest of his averages are in line with what he’s posted the past few years, as he’s recording 19.7 PPG, 4.3 RPG, 6.6 APG and 1.6 SPG through 50 games (36.9 MPG).

VanVleet, who turns 29 next week, was involved in plenty trade rumors leading up to the deadline, but the Raptors decided to hold onto him. He has been particularly impressive over the past 15 games (37.8 MPG), averaging 24.3 PPG, 4.4 RPG, 7.5 APG, 1.7 SPG and 0.9 BPG on .433/.383/.914 shooting. Toronto controls his Bird rights, giving the team the ability to offer him more years and more money than a rival club, assuming he enters free agency.

A five-year, maximum-salary contract for VanVleet is projected to be worth $233.16MM. It’s highly unlikely that he’ll receive that much money, but Michael Scotto of HoopsHype reported last month that VanVleet might be seeking a deal in the range of $30-35MM per year, and that seems attainable.

The Raptors will have several difficult decisions entering the offseason. Fellow guard Gary Trent Jr. is also expected to decline his player option and become an unrestricted free agent, while center Jakob Poeltl will be unrestricted too. The roster could get quite expensive going forward if all three players are retained and no other moves are made.

Fischer’s Latest: Suns, Irving, VanVleet, Mavs, Nets, Bridges, Simmons

Before acquiring Kevin Durant from Brooklyn, the Suns also inquired about the possibility of trading for Kyrie Irving, and there were rumblings around the NBA about Phoenix trying to land the two Nets stars as a package, writes Jake Fischer of Yahoo Sports. That’s similar to what Chris Haynes reported last week on an episode of his #thisleague UNCUT podcast.

Haynes cautioned not to dismiss the possibility of the Suns pursuing Irving in the offseason if things in Dallas don’t work out, and Fischer conveys a similar sentiment, writing that “a future reunification of Durant and Irving with the Suns will loom on the periphery of both Phoenix and Dallas’ stretch runs.”

Although Chris Paul still occupies the point guard spot in Phoenix, he’ll turn 38 this spring, so the Suns are already working on a potential succession plan. Phoenix was viewed prior to the trade deadline as a team that could be in on Fred VanVleet this summer if the Raptors point guard tests free agency, and Fischer expects the club to explore other contingency plans as well.

Here’s more from Fischer:

  • The Mavericks‘ decision to gamble on Irving raised some eyebrows around the NBA, says Fischer. As he explains, sources close to the situation say that – despite some outside speculation about the franchise’s ceiling – Luka Doncic hadn’t begun to consider a future outside of Dallas this season. But if things go sideways with Kyrie, that could “escalate real concerns about Doncic’s timeline in Dallas,” Fischer writes.
  • Even after trading Durant and Irving, the Nets believe they have enough talent to be a playoff team, and Fischer says the “smart money” would bet on them seeking win-now moves in the offseason rather than taking another step back. To that end, Brooklyn didn’t seriously entertain trade offers for Mikal Bridges despite serious interest from the Grizzlies, whose pursuit of Bridges began when he was still with the Suns.
  • The Nets are widely expected to gauge the trade market for Ben Simmons this offseason, according to Fischer. However, the former Defensive Player of the Year runner-up will still have two years and $78MM+ left on his contract after this season.

Raptors Notes: Poeltl, Offseason, Trade Deadline, Ujiri

Newly reacquired Raptors center Jakob Poeltl, an unrestricted free agent this summer, can envision himself signing a new contract with the team, per Josh Lewenberg of TSN.ca (Twitter link).

“It’s definitely something I can see for the long-term as well,” Poeltl said of the Raptors.

Poeltl was initially selected by Toronto with the ninth pick in the 2017 draft, but was dealt to the Spurs in 2018 as part of its package to acquire All-NBA small forward Kawhi Leonard.

He had since emerged as a terrific rim-protecting center for San Antonio and is expected to earn a significant salary upgrade this summer. In 47 games this season with the Spurs and Raptors, Poeltl is averaging 12.0 PPG, 8.9 RPG, 3.0 APG, 1.1 BPG and 0.8 SPG.

Having the 7’1″ big man on the roster broadens Toronto’s lineup options, contends Doug Smith of The Toronto Star. Poeltl suited up for 17 minutes in his first game back with the Raptors, a 122-116 Friday loss to the Jazz. Smith writes that head coach Nick Nurse anticipates eventually shifting Poeltl into a starting role for the team.

“Hopefully he’s going to rim-protect, either with some shot-blocking or some vertical-type moves,” Nurse said. “Hopefully he’ll defensive rebound for us, too. We work pretty hard at defensive rebounding. There are guys that need to get involved in that. Hopefully he can take some of that load off our guys… He’s got a good IQ. That’s important, when a guy back there has some IQ and can direct traffic a bit.” 

There’s more out of Toronto:

  • Raptors guards Fred VanVleet and Gary Trent Jr. are both expected to turn down their respective player options for 2023/24, and instead enter 2023 free agency, writes Blake Murphy of Sportsnet.ca. Murphy looks ahead to how Toronto’s approach to the trade deadline could impact its approach to the 2023 offseason. Instead of becoming sellers at the deadline, as widely expected for the 26-31 Raptors, the team added Poeltl. Murphy thinks the Raptors can still look to offload contracts this summer, though he is dubious the team will get as much for its players during the offseason as it may have been able to extract at the deadline.
  • Lewenberg opines in a separate piece that the Raptors were never likely to be sellers at the trade deadline, noting that Toronto was possibly open to accepting a trade for 25-year-old swingman OG Anunoby, but had been reticent to move off the contract of All-Star big man Pascal Siakam.
  • Raptors president Masai Ujiri may have erred in wanting to let his current core of Siakam, Anunoby, VanVleet and 2022 Rookie of the Year Scottie Barnes play out the rest of the season, writes Eric Koreen of The Athletic. Koreen posits that the addition of Poeltl, while offering a defensive improvement around the rack, will not upgrade the club enough to return it to true contention this season.

Lowe’s Latest: Durant, Grizzlies, Anunoby, Pelicans, Warriors, Clippers

In the wake of the NetsKevin Durant trade agreement with the Suns, reports indicated that Brooklyn only really negotiated with Phoenix rather than canvassing the NBA to generate a bidding war. The Nets likely already knew what teams were willing to offer after discussing Durant deals for nearly two months in the offseason, and liked the combination of players and picks the Suns were willing to offer.

According to Zach Lowe of ESPN (Insider link), another team that was prepared to put a strong package of draft picks on the table for Durant was the Grizzlies. Sources tell Lowe that the Nets were aware since July that Memphis was willing to trade every available draft pick and swap of its own for Durant (it’s unclear if that offer would’ve included Golden State’s lightly protected 2024 first-round pick or just the Grizzlies’ own first-rounders).

However, the Suns’ inclusion of Mikal Bridges and Cameron Johnson helped tip the scales in their favor. Sources around the league have said that the Grizzlies have kept Ja Morant, Desmond Bane, and Jaren Jackson Jr. entirely off-limits in any trade talks, according to Lowe, so the players in Memphis’ offer wouldn’t have been as valuable as the ones in the deal Brooklyn ultimately accepted.

Here’s more from Lowe:

  • After mentioning on his podcast that the Grizzlies and Pacers each offered three first-round picks for Raptors forward OG Anunoby, Lowe says the Pelicans – another presumed suitor – didn’t hold any serious talks with Toronto about him. As Lowe reiterates, the Raptors were seeking a high-level player or prospect in an Anunoby deal; Will Guillory of The Athletic says New Orleans didn’t show much interest in discussing Dyson Daniels or Trey Murphy in trade talks.
  • The Warriors also engaged with the Raptors about Anunoby, Lowe confirms, but he says the two teams don’t appear to have gotten all that close to an agreement. Golden State likely would have had to include Jonathan Kuminga as the centerpiece of its offer, sources tell ESPN.
  • The Clippers never ended up having any serious trade talks for D’Angelo Russell or Kyle Lowry, and the Mike Conley bidding was out of their price range, Lowe says. They also got nowhere close on Fred VanVleet, since the Raptors would have wanted Terance Mann and possibly more draft equity than L.A. could’ve offered, Lowe adds.

Trade Deadline Leftovers: VanVleet, Anunoby, Siakam, Bridges, Bulls, Knicks, More

After agreeing to acquire Jakob Poeltl from San Antonio, the Raptors didn’t make any additional deadline-day moves, but it wasn’t for a lack of options.

According to Shams Charania of The Athletic (Twitter video link via The Rally), the Bucks were among the teams expressing interest in Raptors point guard Fred VanVleet in advance of the deadline. Michael Grange of Sportsnet.ca (Twitter link) hears that those talks included Grayson Allen and a future first-round pick. Grange adds that the Clippers talked about Luke Kennard and Brandon Boston Jr. in their VanVleet discussions with the Raptors, but weren’t willing to include a first-rounder.

As for OG Anunoby, ESPN’s Zach Lowe said on the latest episode of his Lowe Post podcast that the Grizzlies and Pacers were comfortable including three first-round picks in their offers for the Raptors forward, but Toronto was prioritizing young players over future draft picks and neither package included the kind of players they were seeking (hat tip to RealGM).

According to Lowe, the Pacers’ offer also included Houston’s 2023 second-round pick, which Indiana would control if it lands at No. 31 or 32 (it’d be at No. 31 if the season ended today). However, it’s probably safe to assume that two of the first-rounders the Pacers were willing to give up were Boston’s and Cleveland’s 2023 picks, which figure to fall pretty late in the first round.

Lowe also stated on his podcast (hat tip to RealGM) that the Nets briefly pursued Raptors forward Pascal Siakam between their Kyrie Irving and Kevin Durant trades, in the hopes of convincing Durant to stay in Brooklyn.

“I think (the Nets) told (Durant), ‘Hey man, in the summer, we can get some big names. There are going to be some big names who might ask out. We are going to collect stuff to give ourselves a shot at it,'” Lowe said. “… They tried to get Pascal Siakam now in the intervening 96 hours because KD made it known he likes Pascal Siakam. He thought he would be a good fit.”

Here are a few more trade deadline leftovers from around the NBA:

  • After the Nets agreed to acquire Mikal Bridges in the Durant blockbuster, Bridges drew considerable trade interest from rival clubs, Zach Lowe stated on his Lowe Post podcast (hat tip to RealGM). “I know of one team – and I’ve confirmed this – I know of one team who offered four first-round picks for Mikal Bridges,” Lowe said. “Now, I know of at least three first round picks. I think the fourth one may have had some protections or something, but I’m pretty sure that was a thing.”
  • The Bulls, who didn’t make a deadline deal, received inquiries on Alex Caruso and Coby White, but never seriously considered moving Caruso and got “underwhelming” offers for White, says K.C. Johnson of NBC Sports Chicago. Johnson also talked to a source who downplayed the discussions Chicago had with the Knicks about Zach LaVine, characterizing them as “preliminary.” Another source who spoke to Johnson insisted those talks didn’t happen at all, but didn’t rule out the possibility that such a scenario could be discussed in the offseason, depending on how the rest of 2022/23 plays out.
  • Spurs big man Zach Collins garnered some deadline-week interest, according to LJ Ellis of SpursTalk, who says from a league source that the Sixers, Nuggets, and Bucks inquired on Collins. Ellis also hears that San Antonio shopped Keita Bates-Diop in search of a second-round pick, but the forward ended up staying put.
  • If the 2023 first-round pick the Knicks sent to the Trail Blazers as part of the Josh Hart trade lands in the lottery, New York will instead send Portland the following picks, per Fred Katz of The Athletic (Twitter link): The Pistons’ 2024 second-rounder, either the Timberwolves’ or Knicks’ 2026 second-rounder (whichever is least favorable), and the Knicks’ own 2027 and 2028 second-rounders.
  • John Hollinger of The Athletic reports (via Twitter) that the Grizzlies acquired a minor pick swap in the Luke Kennard trade with the Clippers. Memphis now has the ability to swap a 2026 second-round pick (whichever is most favorable of the Celtics’, Heat’s, and Pacers’ picks) for the Clippers’ 2026 second-rounder.

Raptors’ Anunoby, Pistons’ Bogdanovic Among Trade Candidates Staying Put

While there was quite a bit of activity at the trade deadline, numerous players who were expected to be moved wound up staying put.

At or near the top of that list is the Raptors’ OG Anunoby. He generated plenty of interest around the league, with the Grizzlies, Pelicans, Knicks and Trail Blazers reportedly all in the bidding. Even the Warriors made a substantial run at Anunoby, according to The Athletic’s Shams Charania (video link).

Toronto, rather than going into sell mode, brought back center Jakob Poeltl in a deal with the Spurs and kept Anunoby, Fred VanVleet, Gary Trent Jr. and Pascal Siakam, all of whom were mentioned in trade rumors. They’ll now have some hard decisions to make this summer with VanVleet, Trent, and Poeltl expected to hit the free agent market, Adrian Wojnarowski of ESPN notes (Twitter link).

Here are some of the notable teams who retained key players:

  • Perhaps no team surprised the league more by not making a move than the Bulls, Darnell Mayberry of The Athletic tweets. It was anticipated the Bulls might blow up an underperforming roster and ship out some combination of Nikola Vucevic, Zach LaVine, DeMar DeRozan, Alex Caruso, and Coby White. Vucevic will be a free agent this summer and White will also enter the market, though Chicago could make him a restricted free agent by extending a qualifying offer.
  • The Pistons made a splash in a three-team swap, shipping out Saddiq Bey and Kevin Knox and bringing in former No. 2 overall pick James Wiseman from the Warriors. However, Detroit decided to hold onto Bojan Bogdanovic and Alec Burks, Omari Sankofa II of the Detroit Free Press tweets. Bogdanovic, in particular, drew a lot of interest around the league but the team’s front office repeatedly made it clear in recent weeks it wanted to keep Bogdanovic and Burks to blend in with an otherwise young team next season.
  • Another surprise was that Heat president Pat Riley failed to make a big move. Miami was unable to find a taker for some of its unpalatable contracts (Duncan Robinson, Kyle Lowry). However, the Heat will actively explore the buyout market, according to Barry Jackson of the Miami Herald (Twitter link). The Heat have two available roster spots (and need to fill at least one) and have their $4.1MM bi-annual exception and a portion of their mid-level exception still available to entice free agents.
  • The Cavaliers were the rare contender that decided to stand pat, Chris Fedor of the Cleveland Plain Dealer tweets. Cleveland had long been considered a prime candidate to acquire another wing. Thus, the Cavs will ride with Caris LeVert, Isaac Okoro and Cedi Osman. LeVert will be an unrestricted free agent after the season.
  • The Mavericks didn’t move big man Christian Wood, Marc Stein notes (Twitter link), even though it doesn’t appear the two parties are close to an extension agreement. Wood had said he didn’t want to be traded.
  • The Sixers failed to deal disgruntled wing Furkan Korkmaz, Keith Pompey of the Philadelphia Inquirer tweets. Korkmaz, who has fallen out of Doc Rivers’ rotation, had requested a trade.

Fischer’s Latest: Anunoby, VanVleet, Clippers, Hornets, McGee, Bogdanovic

The Raptors remain the team to watch ahead of Thursday’s trade deadline, sources tell Jake Fischer of Yahoo Sports. Pascal Siakam doesn’t appear likely to be moved, although numerous teams have expressed interest, but sources point to OG Anunoby, Fred VanVleet and Gary Trent Jr. as more realistic trade candidates.

Fischer cites the Pelicans, Grizzlies, Knicks, Pacers, Trail Blazers, Lakers, Suns and Nets as teams that have recently been linked to Anunoby, although he states that there is “varying interest” around the league. Fischer’s sources confirm that Toronto is placing a premium price on the 24-year-old wing, which other front offices are calling “quite steep.”

Fischer also raises the possibility that offers for Anunoby will be lessened because of the chance that Kevin Durant might be available this summer in the wake of the Kyrie Irving trade. Although Durant hasn’t indicated to the Nets that he plans to issue another trade request, league insiders tell Fischer that several teams are planning to stockpile their resources in case it happens.

Fischer passes along a few more rumors heading into the deadline:

  • Multiple executives from other teams see VanVleet as the most likely Raptor to be moved this week. Fischer notes that the Clippers and Suns have been linked to VanVleet in trade rumors, and hears that the Lakers, Magic and Timberwolves have expressed interest as well.
  • The Clippers started looking for point guard help before John Wall was sidelined with an abdominal strain, sources tell Fischer. Numerous teams have expressed interest in Terance Mann, and the Clippers have several affordable contracts to help get a deal done. Fischer states that L.A. and Phoenix have both mentioned as possible landing spots for Kyle Lowry, Terry Rozier and D’Angelo Russell as well as VanVleet, with the Suns seeking an experienced playmaker who can eventually take over for Chris Paul.
  • Rozier has also been mentioned as a possibility for the Lakers and Timberwolves, Fischer adds, and the Heat are among the teams interested in Charlottte’s P.J. Washington, who wasn’t able to reach an extension agreement before the October deadline. Fischer notes that the Hornets typically aren’t a major player at the deadline, but he identifies Mason Plumlee as a potential trade piece, with the Kings expressing interest and having a desire to move backup center Richaun Holmes.
  • Another veteran center on the market is the MavericksJaVale McGee, according to Fischer. Dallas signed McGee to a three-year, $17MM deal last summer in anticipation of making him a starter, but he’s no longer part of the rotation.
  • Teams are becoming convinced that the Pistons plan to keep Bojan Bogdanovic. Fischer states that the Bucks recently inquired about the veteran sharpshooter after failing to close a deal with the Suns for Jae Crowder, but Detroit wants at least one unprotected first-round pick in return and Milwaukee can’t offer a first-rounder until 2029.

Moore’s Latest: Pelicans, Spurs, Warriors, Nuggets, VanVleet, Vanderbilt, More

The latest trade intel column from Matt Moore of Action Network is packed full of tidbits about the upcoming deadline, including some details on which players a handful of Western Conference teams have made available.

According to Moore, the Pelicans – in the market for another shooter – have made players like Jaxson Hayes, Devonte’ Graham, and Naji Marshall available, while the Spurs are discussing Isaiah Roby in addition to previously reported trade candidates like Josh Richardson and Doug McDermott. Perhaps most interestingly, Moore says the Warriors consider Jonathan Kuminga “off limits,” but have been willing to discuss youngsters James Wiseman and Moses Moody.

Meanwhile, the Nuggets – who have put second-year guard Bones Hyland on the trade block – are seeking another wing and have their eye on players like Bulls guard Alex Caruso, Clippers guard Terance Mann, and Pacers swingman Chris Duarte, Moore writes.

Here’s more:

  • The Magic, who have previously been cited as a possible free agency suitor for Fred VanVleet, have “real” interest in the Raptors point guard, reports Moore. While VanVleet is thought to be available at the trade deadline due to his uncertain contract status beyond this season, one executive told Moore that trying to get a deal done with Toronto is “like blood from stone.”
  • There’s a growing belief that forward Jarred Vanderbilt will be on the move this week even if the Jazz don’t get the first-round pick they’re seeking for him, according to Moore, who suggest the Trail Blazers may be the frontrunner to land Vanderbilt.
  • Two league sources tell Moore that the Cavaliers have contacted the Hawks to inquire about Bogdan Bogdanovic. While there’s no indication those talks went anywhere, it’s worth noting Caris LeVert‘s $18.8MM salary is a near-perfect match for Bogdanovic’s $18MM cap hit.
  • Recent strong play from Knicks center Isaiah Hartenstein has reduced the odds that he’ll be traded before Thursday’s deadline — the belief is that he’ll remain in New York, per Moore.

Atlantic Rumors: Durant, Nets, Raptors, Claxton, Celtics, Sixers

Now that Kyrie Irving has been dealt, Kevin Durant find himself under the spotlight once again as league observers wait to see if the Nets forward will resubmit the trade request he made last summer.

Asked on Monday about that possibility, head coach Jacque Vaughn said that’s not something he has talked to Durant about and he doesn’t plan to do so. In Vaughn’s view, as long as the Nets can continue to show they’re capable of competing with the best teams in the East, there’s no reason for Durant to seek a change of scenery.

“At the end of the day, Kevin wants to win,” Vaughn said on Monday, per Brian Lewis of The New York Post. “That’s always been our goal. He wants to win at shootaround, he wants to win any game of the week. That’s why he loves to play and that’s why he wants to play 82 games. That will be our holy grail. We’ll continue to try to put a group out that wins and until there’s something for me to be concerned about, then I’ll carry on business as usual.”

While the Nets added two solid role players in their Irving trade, their championship upside probably took a hit as a result of that deal, so the team has been exploring further roster upgrades, as we detailed on Monday. According to Ian Begley of SNY.tv, before trading Irving, the Nets had also remained in touch with the Hawks about John Collins and had spoken to multiple teams about Joe Harris and Patty Mills.

Although it’s possible Durant could push for a change of scenery again, most people around the NBA don’t expect that to happen this week, ESPN’s Zach Lowe said in a podcast with colleague Brian Windhorst (YouTube link), especially since the Nets’ additions of Spencer Dinwiddie and Dorian Finney-Smith signaled a desire to continue building a roster around Durant that’s capable of contending — Finney-Smith is a player KD likes and wanted Brooklyn to acquire if the team made a deal with Dallas, Lowe stated.

Here’s more from around the Atlantic:

  • Following up on reports suggesting that the Nets were talking to the Raptors about Pascal Siakam, OG Anunoby, and Fred VanVleet, Michael Scotto of HoopsHype says Toronto “covets” Brooklyn center Nic Claxton, having also attempted to acquire him at least season’s trade deadline. Ben Simmons and multiple first-round picks have also come up in the Nets’ trade discussions with the Raptors, Scotto adds.
  • The Athletic’s Jared Weiss and Jay King take a look at what could be on tap for the Celtics at the trade deadline, considering whether it’s realistic to expect them to make a play for Durant and noting that a deal for a center remains the team’s most likely move. Weiss and King also examine Grant Williams‘ up-and-down play and conclude it still doesn’t make sense for Boston to trade him, despite a report from Kevin O’Connor of The Ringer stating that teams are inquiring on Williams.
  • While Daryl Morey is always a good bet to make some sort of move at the trade deadline, the Sixers president of basketball operations tells Kyle Neubeck of PhillyVoice that he’s not expecting to make a huge splash this week. “I think it’s very unlikely we’re involved in anything big,” Morey said. “It could easily be that we continue to just develop chemistry and then have the group we have. I and (general manager) Elton (Brand) and everyone feels a responsibility in an important year like this to see if we can find anyone who can upgrade the team.”

Nets Looking To Expand Irving Trade To Include Third Team

The Nets are looking for a third team to fold into the Kyrie Irving trade, which is why it hasn’t been made official yet, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

Brooklyn is set to receive guard Spencer Dinwiddie, forward Dorian Finney-Smith, an unprotected 2029 first-round pick, a 2027 second-round pick, and a 2029 second-round pick in the swap. Those draft picks will all be the Mavericks’ own.

Marc Stein was first to report (via Twitter) that the Nets were considering trading Dinwiddie to a third team. It’s possible that Finney-Smith could be on the move as well, as he acknowledged in an interview with Brad Townsend of The Dallas Morning News.

According to Stein (Twitter links), the Nets are exploring a deal that would send Dinwiddie and unspecified draft picks to Toronto for Raptors guard Fred VanVleet. The Nets also have interest in forward Pascal Siakam, but the Raptors are reluctant to move the All-NBA forward.

ESPN’s Zach Lowe and Brian Windhorst stated on The Hoop Collective podcast that the Nets were also intrigued by Raptors forward OG Anunoby, though they were uncertain if they would be able to land him (hat tip to RealGM).

I still don’t know what the Raptors are going to do,” said Windhorst.

The Nets are definitely calling the Raptors over the last 24 hours,” replied Zach Lowe.

If the Nets could flip some of this stuff that they got and pry OG Anunoby out of there, you may have something there with the Nets, but I don’t know if they’re going to be able to,” added Windhorst.

Wojanrowski reports (via Twitter) that several teams are speaking to the Raptors today, including the Nets.

The Irving deal will be finalized on Monday regardless of if a third team is included, notes ESPN’s Tim MacMahon (Twitter link). Irving plans to join the team in Los Angeles for practice on Tuesday and intends to suit up on Wednesday versus the Clippers, so the Mavs need the deal completed by Monday.