The Clippers, Jazz and Heat are involved in a three-team trade that is sending Norman Powell to Miami, John Collins to L.A. and Kevin Love, Kyle Anderson and a 2027 second-round Clippers draft pick to the Jazz, according to ESPN's Shams Charania.

The Milwaukee Bucks' decision to cut Damian Lillard and sign Myles Turner is the biggest surprise thus far in NBA free agency, a stunning roster move with widespread ramifications for a franchise trying to keep Giannis Antetokounmpo in town long term.

With the former Trail Blazer expected to miss most, or all, of next season as he recovers from the injury, the Bucks opted to waive the nine-time All-Star, stretching his contract over the next five seasons to make their new four-year, $107 million pact with Myles Turner work.