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8 articles summarized · Last updated: LATEST

Last updated: August 22, 2026, 9:26 PM ET

NBA Transactions

Stad has purchased a controlling interest in the NBA's Timberwolves and WNBA's Lynx. Klay Thompson plans to sign a two-year, nearly $13 million deal with the Heat after clearing waivers following his buyout from the Mavericks, sources told ESPN. DeMar DeRozan, a six-time All-Star, is joining the Nuggets on a one-year, $3.9 million contract. James Harden agreed to a three-year, $97 million extension to remain with the Cavaliers, his agency Equity Sports confirmed.

Nuggets & Retirement

The Nuggets' offseason recap examines whether Jokić has enough help for another run, with an early look at 2026-27. Westbrook, a nine-time All-Star and former MVP, announced his retirement Wednesday after 18 NBA seasons.

Ownership & Legal

Soon-Shiong will not sell his 4% stake in the Lakers, his attorney told ESPN. A former Kings trainer filed a civil lawsuit against the organization and its senior director of athlete health, alleging pregnancy discrimination and sexual harassment.