The Lakers have traded D'Angelo Russell, Maxwell Lewis and three second-round picks to the Nets for Dorian Finney-Smith and Shake Milton.

Mavs star Luka Doncic will be re-evaluated in one month after sustaining a left calf strain in Wednesday's loss to the Wolves, sources told ESPN.

Six-time NBA All-Star Jimmy Butler prefers a trade out of Miami ahead of the Feb. 6 deadline, league sources told ESPN.

Heat guard Dru Smith, who was averaging a career-high 6.3 points per game, has suffered a season-ending torn Achilles tendon, sources told ESPN.

Guard Alex Caruso has reached a four-year, $81 million contract extension with the Oklahoma City Thunder through the 2028-29 season, his agent told ESPN.

Magic forward Moritz Wagner has suffered a torn ACL in his left knee and is out for the season, the team announced.

Adidas and Bucks star Damian Lillard have agreed to a lifetime contract extension, sources told ESPN's Shams Charania on Tuesday.

Los Angeles Lakers rookie Bronny James, fresh off a string of promising performances for the South Bay Lakers, will participate in the G League Winter Showcase this week.

Aces star and WNBA MVP A'ja Wilson is signing a six-year extension with Nike in one of the richest shoe deals for a women's basketball player, sources told ESPN on Tuesday.

The Warriors have agreed on a deal to acquire Nets point guard Dennis Schroder for De'Anthony Melton, sources told ESPN.

The center-needy Pacers have agreed to a trade with the Heat that will send veteran big man Thomas Bryant to Indiana, sources told ESPN's Shams Charania.

LeBron James, who sat out Sunday's game with foot soreness, is unlikely to play in the Lakers' game vs. the Timberwolves on Friday, sources told ESPN.

The Suns, Rockets, Mavericks and Warriors are the teams Heat star Jimmy Butler's agent has indicated the six-time All-Star is open to being traded to, league sources told ESPN.

Cavaliers guard Max Strus, who suffered an ankle sprain during training camp, will make his season debut vs. the Wizards on Friday, sources told ESPN.

Raptors forward Scottie Barnes is expected to miss several weeks with a right ankle injury, sources told ESPN.

Pelicans star Brandon Ingram is out indefinitely with a significant low left ankle sprain.

Orlando Magic forward Franz Wagner suffered a torn right oblique and will be reevaluated in four weeks.

The NBA will return to China for the first time since 2019 with two preseason games in Macao between the Nets and Suns in October, sources told ESPN.

Suns All-NBA forward Kevin Durant will be reevaluated in one week after suffering a left ankle sprain, sources told ESPN.

Pelicans star forward Brandon Ingram, who is currently set to be the top offseason free agent, is signing with Klutch Sports Group, sources told ESPN.