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Bobby Marks ESPN 

Brooklyn is now $3.5M (or at the cap when you factor in the $3M Randy Foye hold) under the salary cap after the acquisition of Allen Crabbe. The contract of Crabbe is $19.3M, $18.5M and a player option of $18.5M in 2019-20. The Nets still project to have $18M in room next summer and could increase to $30M if Jeremy Lin opts-out of his $12.5M contract.

Brian Windhorst @WindhorstESPN

Warriors just low-key made signings of Durant, Curry, Iguodala, Livingston, Pachulia & West official. They win offseason too.

Bobby Marks ESPN 

Portland will see their current luxury tax bill drop from $48.3M to $4.4M with the Allen Crabbe trade to Brooklyn. The Trail Blazers now have $122.2M in salary and are $2.9M below the luxury tax. The Trail Blazers currently project to save $60M in salary and taxes for 2017-18.

Adrian Wojnarowski ESPN 

Portland has traded guard Allen Crabbe to Brooklyn for Andrew Nicholson, league sources tell ESPN.

Bobby Marks ESPN 

New Orleans now with $116.9M in contracts, $2.4M below the luxury tax after the Quinn Cook and Axel Toupane waiver. The Pelicans have 12 guaranteed and 1 (Jordan Crawford) non-guaranteed contract. The contract of Toupane would have increased from $25K to $200K and Cook from $25K to $100K if they were not released today.