Basketball News

Magic star Paolo Banchero has agreed to a five-year, $239 million maximum rookie contract extension that could reach $287 million, his agent told ESPN.

Free agent guard Kyle Lowry has agreed to a one-year deal to return to the Philadelphia 76ers.

Anthony Davis underwent a procedure to repair a detached retina that he suffered during the season, sources told ESPN's Shams Charania. Davis is expected to be ready for training camp.

Lonzo Ball doesn't have to worry about rehabbing from a knee injury for the first time in a couple of seasons and is excited about his offseason trade to the Cleveland Cavaliers.

Pacers president Kevin Pritchard said the team was "fully prepared" to go into the luxury tax to retain longtime starting center Myles Turner.