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The Latest: Derrick Favors gets 2-year deal to stay in Utah

By The Associated Press
July 2, 2018, 3:34 pm

The Latest on NBA free agency (all times EDT):

3:30 p.m.

Derrick Favors was a top priority for Utah, and the Jazz have succeeded in their quest to retain him.

A person with knowledge of the negotiations says Favors and the Jazz have come to terms on a two-year contract that could be worth up to $36 million, The person spoke to The Associated Press Monday on condition of anonymity because the deal remains unsigned, with the NBA's offseason moratorium still in place.

Favors averaged 12.3 points last season for the Jazz, who reached the Western Conference semifinals.

He turns 27 later this month and the deal represents a nice raise for Favors, who made $12 million last season.

- Reporting by AP Basketball Writer Tim Reynolds in Miami.

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1:15 p.m.

The massive LeBron James banner hanging in downtown Cleveland is being removed again following the superstar's announcement he's leaving the Cavaliers.

The 10-story billboard, which shows James wearing his No. 23 jersey with his arms spread wide has become a city landmark. It was also removed in 2010 when he decided to join the Miami Heat. On Sunday, James agreed to sign a four-year, $153 million contract with the Los Angeles Lakers.

A spokesman for Sherwin-Williams, which owns the building where the banner hangs, said Nike is taking the banner down later this week. Sherwin-Williams is evaluating what to do with the wall on its global headquarters.

After learning the billboard was coming down, some people headed over to take photos in front of it.

James' jerseys have been reduced by 40 percent in the Cavs' team shop at Quicken Loans Arena.

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12:50 p.m.

JJ Redick is returning to the Philadelphia 76ers..

A person familiar with the decision says the Sixers and Redick have agreed to a one-year contract. The person spoke to The Associated Press Monday on condition of anonymity because the deal was not been announced.

Financial terms of the deal are not known.

Redick averaged 17.1 points and shot 42 percent in his first season with the Sixers. He signed last summer to a $23 million, one-year contract and provided stout 3-point shooting and needed veteran presence on a young team.

The 76ers won 52 games last season and lost to Boston in the Eastern Conference semifinals. Philadelphia's ownership group met with LeBron James on Sunday but failed to sway him to sign with the team.

Redick, who has also played with Orlando, Milwaukee and the Los Angeles Clippers, should again help stabalize Philly's lineup.

- Reporting by AP Sports Writer Dan Gelston in Philadelphia

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10:40 a.m.

JaVale McGee is moving a bit south.

The two-time NBA champion with the Golden State Warriors is going to be part of the revamping by the Los Angeles Lakers, agreeing to a one-year deal worth just under $2.4 million, according to a person familiar with the negotiations.

The person confirmed the terms to The Associated Press under condition of anonymity Monday because McGee's deal is unsigned. The deal comes not long after LeBron James said he would be signing with the Lakers.

The Lakers will be the sixth club for McGee, who had some spectacular moments in the NBA Finals against James and the Cleveland Cavaliers. McGee shot 16 for 20 - 80 percent - from the floor in the finals, and the Warriors were 7-1 in playoff games in which he started.

- Reporting by AP Basketball Writer Tim Reynolds in Miami

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10:05 a.m.

A person with knowledge of the deal says the Dallas Mavericks have reached an agreement to bring back center Salah Mejri on a one-year contract for the veteran's minimum of $1.6 million.

The 32-year-old from Tunisia is set to be one of the backups to DeAndre Jordan, who has agreed with Dallas on a one-year deal. Jordan's contract will be for roughly the $24.1 million he was set to make before opting out of his contract with the Los Angeles Clippers.

The person spoke to The Associated Press on condition of anonymity Monday because contracts can't be signed until Friday.

Mejri has been an intriguing shot-blocker who has provided energy off the bench in three years with the Mavericks. He averaged 3.5 points, 4.0 rebounds and 1.1 blocks in 12 minutes per game last season.

Mejri and Mavericks rookie Luka Doncic were teammates with Real Madrid in Spain. The Mavericks traded up two spots in the draft to get Doncic, who was the third overall pick.

- Reporting by AP Sports Writer Schuyler Dixon in Fort Worth, Texas

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More AP NBA: www.apnews.com/tags/NBAbasketball

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