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Ian Begley ESPN Staff Writer 

Nike opted not to match adidas' multi-year offer to Kristaps Porzingis worth $3-$6 million annually. He is officially signed to adidas. His sneaker deal is believed to be the largest ever for a European player.

Russillo @ryenarussillo

Despite how much the public doesn't like Gilbert, he's always spent a ton of money. A lot of the earlier mistakes were trades to keep LeBron

Russillo @ryenarussillo

Reading some LeBron articles...why do people think if he signed a longer deal the front office would just decide to start doing dumb stuff?

Darren Rovell ESPN Senior Writer 

Adidas confirms it has signed Knicks power forward Kristaps Porzingis to an endorsement deal. Was previously with Nike.

Darren Rovell ESPN Senior Writer 

"Cleveland Against The World," Indians version, from Cleveland-based T-shirt maker Fresh Brewed Tees

Patrick Abrahams ESPN Producer 

It's all about championships in the city of Cleveland today!

Marc Stein ESPN Senior Writer 

Philadelphia ($14.89 million), Denver ($9.5M) and Brooklyn ($9.16M) are all far under the salary floor and poised to take on money in trades

Marc Stein ESPN Senior Writer 

The Portland Trail Blazers, based on the latest calculations, are under the luxury-tax threshold by a mere $26,590 ...

Marc Stein ESPN Senior Writer 

The 2016-17 NBA season opens Tuesday with just two teams in the luxury tax: Cleveland ($32.4 million) and the LA Clippers ($3.6 million).

Marc Stein ESPN Senior Writer 

Pablo Prigioni, Jordan Farmar, Anthony Brown, Archie Goodwin, RJ Hunter ... some tough and unexpected last cuts all around the NBA today.

Dave McMenamin ESPN Staff Writer 

According to multiple league sources, there is mutual interest between Dahntay Jones and the Cavs to reunite later on this season should Cleveland free up a roster spot and Jones be looking for a job at that point.

Tim MacMahon ESPN Staff Writer 

Coach David Fizdale purchased 500 tickets for the Grizzlies' season opener to be distributed to fans. He will give away the tickets on a first-come, first-served basis at approximately 1 p.m. Tuesday in the FedEx Forum grand lobby.