Hornets Win First Summer League Title; Kon Knueppel Named MVP

Contract extensions have dominated the offseason, with Shai Gilgeous-Alexander securing a historic four-year, $272.4 million deal, and notable extensions for Devin Booker, Jalen Williams, and Chet Holmgren. Upcoming extensions to watch include Luka Doncic potentially signing a three-year, $165 million deal with the Lakers, Kevin Durant expected to finalize a two-year, $122.1 million extension with the Rockets, and Trae Young's four-year, $228.6 million max offer from the Hawks facing scrutiny regarding his status as a max player. Need More Context? 🔎

The Memphis Grizzlies waived Zyon Pullin from his Two-Way contract following the signings of PJ Hall and Javon Small to similar deals. Pullin played in three games last season, and the Grizzlies now have one open slot available for another Two-Way contract. Need More Context? 🔎

The Phoenix Suns are seeking a veteran ballhandler after losing Tyus Jones in free agency, with Chris Paul being a potential target, though he is likely to join the Clippers. They are also in talks with Ben Simmons, who is attracting interest from the Knicks, Celtics, and Kings, while the Suns recently pursued Marcus Smart, who signed with the Lakers. Need More Context? 🔎