|Wednesday, July 02, 2014 8:01 PM|
Magic sign 1st round draft picks Gordon, Payton
ORLANDO, Fla. — The Orlando Magic have signed both of their first round picks from last week's NBA draft.
The team announced Wednesday that fourth overall pick Aaron Gordon and 10th overall pick Elfrid Payton, who the Magic acquired in a draft night trade with Philadelphia, have been signed to rookie contracts. Terms of the deals were not disclosed.
Both players will participate in the Orlando Summer Pro League which begins Saturday.
The Magic are hoping Gordon, the Pac-12 freshman of the year last season at Arizona, can fortify a front court that is thinner following the trade of swingman Arron Afflalo.
Orlando is looking at Payton, out of Louisiana-Lafayette, as possibly the team's point guard of the future after the Magic decided to waive veteran Jameer Nelson.
Lowry agrees to re-sign with Raptors
TORONTO — Kyle Lowry is staying with the Toronto Raptors after leading them to the Atlantic Division title.
The point guard has agreed to re-sign with the Raptors, his agent confirmed Wednesday night. Yahoo Sports reported that the deal was for four years and $48 million.
Lowry averaged career highs of 17.9 points and 7.4 assists for the Raptors, who were one of the NBA's biggest surprises in going 48-34. They were expected to be one of league's worst teams, particularly after trading forward Rudy Gay early in the season, but instead nearly reached the Eastern Conference semifinals before falling to Brooklyn in seven games.
They were led by their guard tandem of Lowry and All-Star DeMar DeRozan, who will be staying together.
Lowry posted a picture of himself on Twitter in a Raptors jersey, writing that Toronto would be his home city.
He was considered the top point guard available and reportedly targeted by contending teams such as Miami and Houston during free agency before deciding to stay put.
Contracts can't be signed until July 10.
Lowry has also played for Memphis and Houston, which traded him to Toronto in 2012. The 2006 first-round pick by the Grizzlies out of Villanova has career averages of 11.7 points and 5.4 assists.
Celtics, Bradley agree on $32 million, 4-year deal
BOSTON — Avery Bradley has agreed to a $32 million, 4-year deal to remain with the Boston Celtics.
Agent Mitchell Butler confirms the deal Wednesday for Bradley, the No. 19 pick in the 2010 draft.
Bradley averaged a career-best 14.9 points in 60 games last season as the starting point guard while Rajon Rondo was recovering from a torn knee ligament. Bradley can play either guard spot and is a strong defender.
The Celtics extended a qualifying offer to Bradley on Monday, making him a restricted free agent and allowing them to match any offer he received from another team.
Nets reach agreement with Hollins to become coach
NEW YORK — The Brooklyn Nets reached an agreement in principle Wednesday with Lionel Hollins to become their coach, moving quickly after the departure of Jason Kidd.
The deal with the former Memphis Grizzlies coach comes two days after the Nets made a trade with Milwaukee to allow Kidd out of his contract so the Bucks could hire him.
Nets general manager Billy King and his assistants then met with Hollins on Monday night and again Tuesday before agreeing to the deal. Terms were not disclosed.
The Nets will introduce Hollins at a press conference Monday.
Hollins led Memphis to 56 victories and the 2013 Western Conference finals before he and the Grizzlies parted ways. The Nets considered him last year after firing P.J. Carlesimo before hiring Kidd.
He was the only known candidate the Nets interviewed this time. King said he had reached out to one other person who chose not to pursue the job.
Kidd led Brooklyn to a 44-38 record and the second round of the playoffs in his lone season but the Nets allowed him to pursue other jobs after denying his request for more power within the organization. The Bucks held Kidd's welcoming press conference earlier Wednesday.
Hollins is known as a strong defensive coach, with the Grizzlies holding opponents to an NBA-low 89.3 points per game in his final season. He is the franchise's career leader in wins and led them to three straight playoff appearances.
He takes over a veteran team in Brooklyn that could easily fit his style of play if Kevin Garnett and Paul Pierce return and Brook Lopez and Deron Williams come back healthy after surgeries.
Hollins went 214-201 with the Grizzlies and improved the team's record in each of his four full seasons, from 40 wins in 2009-10 to 56-26 in his final season. Memphis upset top-seeded San Antonio in the first round of the 2011 playoffs.
But the Grizzlies came under new ownership and management during his final season and they chose not to renew Hollins' contract after they were swept by the Spurs in the conference finals.
He met last month with Cleveland before the Cavaliers hired David Blatt.