Signing news! The Warriors will sign Bills, the Wolves will sign Reed for 125 million, and the CBA new player joins Ningbo

The Wizards cut Rickyon Holmes

According to Michael Scotto, a reporter for Hoops Hype, the Washington Wizards have cut off big player Rickyon Holmes.

Homes played 31 games for the Wizards last season, averaging 17.2 minutes per game, scoring 7.4 points and 5.7 rebounds.

Homes was once one of the most sought-after big men in the league. In 2021, he signed a four-year, $46 million contract with the Sacramento Kings and averaged double-point scores with the Kings for three consecutive seasons.

Signing one: CBA team signs Terry Taylor to join

According to Terry Taylor's agency, free agent forward Terry Taylor has officially signed a one-year contract with the CBA's Ningbo Rockets basketball team.

25-year-old Taylor played for the Stockton Kings of the NBA Development League last season. He played in 31 regular season games, averaging 34.8 minutes per game, scoring 17.9 points, 8.6 rebounds, 3.4 assists and 1.2 blocks, shooting percentage of 46.2%, three-point shooting percentage of 39.0%, and free throw shooting percentage of 72.7%.

Signing 2: The Cavaliers officially renew Kobe Altman

According to ESPN reporter Shams Charania, the Cleveland Cavaliers officially signed a contract renewal agreement with Kobe Altman, the team's president of basketball operations, and the two sides will cooperate until the 2029-30 season.

Kobe Altman has served as the Cavaliers' basketball operations director since 2017, leading the team's reconstruction after LeBron James left the team in 2018, and has since created one of the most talented rosters in the league. The Cavaliers have won at least 48 games per season and successfully advanced to the playoffs in the past three seasons. In the 2024-25 season, the team won the top of the division with 64 regular season wins.

Signing 3: The Grizzlies signed Cam Spencer

The Grizzlies officially announced today that the team signed a new four-year contract with Spencer. According to ESPN reporter Shams Charania, Spencer signed a four-year $10.5 million contract, with the fourth year as the team option.

As the 53rd pick in 2024, Spencer played 25 games for the Grizzlies last season, averaging 10.1 minutes per game, contributing 4.2 points, 1.2 rebounds and 1.4 assists, shooting 41.5% from the field, 36.5% from three-pointers and 100% from free throws.

Signing 4: The Timberwolves renewed Naz Reid

Minnesota Timberwolves held a press conference today to announce that the team officially reached a five-year, $125 million contract extension with Naz Reid.

After winning the Best Sixth Man Award in the 2023-24 season, Reed continued his outstanding performance in the 24-25 season, with multiple key data flat or surpassing last season. Started 17 times in 80 games this season, averaging 27.5 minutes per game, contributing 14.2 points, 6.0 rebounds and 2.3 assists. And last season, Reed and Gobert were on the court at the same time as he was on the court at the same time, which ranked first among the most commonly used duo combinations in the league.

Signing 5: The Grizzlies officially signed Ty Jerome

Today, the Memphis Grizzlies announced on Twitter that the team's signing with Ty Jerome has been completed. According to ESPN reporter Shams Charania, it is a three-year contract worth $28 million, and the third year is the player option.

The Grizzlies were the front-runners to sign Jerome before the free agent market opened. Jerome just spent his career-best season with the Cleveland Cavaliers, averaging 19.9 minutes per game in 70 games, scoring 12.5 points, 3.4 assists, 2.5 rebounds and 1.1 steals, and also hit 51.6% from the field, 43.9% from three-point shooting percentage and 87.2% from free throw percentage.

Signing Six: The Pelicans officially renew Herbert Jones

Orleans Pelicans announced on Twitter today that the team has officially reached a three-year, $68 million contract renewal agreement with forward Herbert Jones, including player options in the final year.

The highly sought-after defensive vanguard has gradually grown into the leader and core player of the Pelicans after being drafted by the Pelicans at the 35th overall pick in the 2021 draft. In four seasons in New Orleans, Jones averaged 10.1 points, 3.8 rebounds, 2.5 assists, 1.6 steals and 0.7 blocks per game.

Bill will sign the Golden State Warriors

According to US media TSWN, Bill will join the Golden State Warriors after buying out the contract.

According to Sports Illustrated reporter Fred Katz, Bradley Beal initially intended to sign with the Los Angeles Clippers, Golden State Warriors, Los Angeles Lakers or Milwaukee Bucks.

Last season, Bill played 53 games for the Suns, averaging 17.0 points, 3.3 rebounds and 3.7 assists per game, shooting percentage of 49.7%, three-point shooting percentage of 38.6%, and free throw percentage of 80.3%.