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Source: Pau Gasol, Spurs agree on 2-year deal

Pau Gasol #16 of the Chicago Bulls plays

Pau Gasol #16 of the Chicago Bulls plays against the Brooklyn Nets at Barclays Center on Wednesday, Oct. 28, 2015 in Brooklyn, New York. Photo Credit: Jim McIsaac

The San Antonio Spurs didn’t waste any time after losing out in the Kevin Durant sweepstakes.

The Spurs agreed to a two-year deal with veteran forward Pau Gasol on Monday, a person with knowledge of the situation told The Associated Press.

The deal is worth more than $30 million and final terms will be completed after the Spurs make a move or two to create the necessary cap space, according to the person who spoke on condition of anonymity because the contract cannot be signed until Thursday.

Gasol has been one of the league’s most talented and versatile big men for the last 15 years. He spent the last two seasons in Chicago and averaged 16.5 points, 11.0 rebounds and 4.1 assists this year, his game showing few signs of aging even as he prepares to turn 36 on Wednesday.

The Spurs will have to make roster moves to accommodate Gasol’s deal, which was first reported by Yahoo Sports. That could include trading veteran forward Boris Diaw to get the cap space to add Gasol to a frontcourt that already features LaMarcus Aldridge and Kawhi Leonard.

It also raises further questions about the future of franchise player Tim Duncan. He has been mulling retirement after completing his 19th season. Most believe there is a real chance Duncan will end his career this summer. Should that happen, Gasol gives the Spurs a player who could slide right into that role.

Report: Mavs to acquire Bogut

Andrew Bogut is headed to the Dallas Mavericks. A person with knowledge of the deal said Monday that the Mavericks have agreed to acquire Bogut with the Warriors trying to clear salary cap space so they can add the four-time scoring champion Kevin Durant.

Other details of the trade are still being worked out, the person told The Associated Press on condition of anonymity because the deal hasn’t been finalized and can’t be official until league business resumes Thursday.

The person also said the Mavericks are set to sign restricted free agent Harrison Barnes of Golden State.

After the Mavericks initially agreed with Barnes on an offer sheet for a maximum contract, the Durant agreement will allow Dallas to sign Barnes to a four-year, $94 million deal because the Warriors will renounce their rights to Barnes to clear enough cap room for Durant.

Bogut will get $11 million in the final year of his deal, and Williams has agreed to a one-year, $10 million contract. Those moves will give the Mavericks more flexibility next summer with expected strong classes in free agency and the draft.

Bogut, a 7-footer who averaged 5.4 points, 7.0 rebounds and 1.6 blocks per game last season, is expected to be healthy after sustaining bone bruises around his left knee in Game 5 of Golden State’s seven-game loss to Cleveland in the NBA Finals.

Source says Heat makes offer to Dwyane Wade

Dwyane Wade has an offer to consider.

Wade has been extended a two-year, $40 million contract offer to stay with the Miami Heat, a person with knowledge of the negotiations told The Associated Press on Monday.

The second year would be at Wade’s option, said the person who spoke to the AP on condition of anonymity because talks are ongoing. The contract, if accepted, would essentially match the career-best $20 million salary Wade made this past season.

This is the second consecutive summer in which Wade and the Heat have had a rocky time finding common contractual ground, and the issue this time could be more about the length of the deal than the compensation. Wade has left millions on the bargaining table in past negotiations with the Heat, though some of that sacrifice also helped him win championships in 2012 and 2013.

Wade is scheduled to be in New York and guest-host “Live With Kelly” alongside Kelly Ripa on Thursday morning, which coincidentally is the day the NBA’s offseason moratorium on player movement expires and new contracts can be signed.

Wade has spent all 13 of his NBA seasons in Miami and has said several times that he wants to spend his entire career with the club. Wade averaged 19.0 points and 4.6 assists this past season, and was an All-Star pick for the 12th time.

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