By Oct. 1, Jonathan Kuminga must decide whether to accept a $7.9 million qualifying offer from the Warriors, a move he hinted at with an Instagram post about betting on himself. After rejecting a two-year, $45 million contract from Golden State, discussions with Sacramento and Phoenix for a sign-and-trade have not yielded favorable offers, leaving his future uncertain as both sides seek a resolution.
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NBA owners are increasingly interested in launching a league in Europe due to significant potential franchise fees, with estimates between $500 million and $1 billion per team, as Commissioner Adam Silver engages with stakeholders like Real Madrid. This venture aims to capitalize on Europe's untapped revenue streams, leveraging existing European teams and attracting investment from private equity and sovereign wealth funds. Want More Context? 🔎
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Tristen Newton has signed his qualifying offer for a Two-Way contract with the Minnesota Timberwolves after limited action in eight NBA games last season with the Wolves and Pacers. The 49th overall pick in the 2024 draft out of UConn showcased strong performance in the G League, averaging 16.5 points, 6.1 rebounds, 6.6 assists, and 1.7 steals over 34 games. Want More Context? 🔎
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Ricky Council IV has signed a one-year contract with the Brooklyn Nets after playing 73 games for the Philadelphia 76ers last season, where he averaged 7.3 points, 2.9 rebounds, and 1.3 assists. Council, who went undrafted in 2023 out of Arkansas, aims to contribute to the Nets this upcoming season. Want More Context? 🔎
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