Mike Budenholzer has signed a new multi-year contract extension to remain head coach of 2021 NBA champions the Milwaukee Bucks.

The Bucks announced the deal on Tuesday, with ESPN reporting Budenholzer has committed to a new three-year extension.

The 52-year-old joined the Bucks in 2018 from the Atlanta Hawks and guided the franchise to their first NBA title in 50 years in his third season in charge.

"Bud is a great coach and a fantastic partner to work with every day as we build a team that consistently competes for championships," Bucks general manager Jon Horst said.

"We’re extremely grateful for the leadership Bud provides and we look forward to building on the success we’ve had over the last three years and congratulate Bud on this well-deserved extension."

Under Budenholzer's guidance, the Bucks have topped the NBA in scoring in each of the past three seasons, led by Giannis Antetokounmpo.

Milwaukee averaged a league-high 120.1 points per game, which is also a franchise-best, in the 2020-21 season.

"The appreciation I have for being a part of the Bucks organization is hard to express," Budenholzer said.

"The players make the success happen on and off the court. We have the best players and to them I am grateful. They’ve grown and we’ve grown together during the last three seasons.

"We’ve had success along the way, finishing with an NBA Championship this season!

"We all can’t wait to get back to work and face the great challenge of competing again for an NBA Championship... Let’s keep getting better and building great teams and doing great work on and off the court."

Budenholzer won the NBA Coach of the Year in his first season at Bucks in 2018-19, before being one of three finalists for the award in 2019-20. He also won the award in 2015 at the Hawks.

Former NBA Rookie of the Year Michael Carter-Williams will miss the start of the new season after undergoing ankle surgery.

The Orlando Magic confirmed the guard had surgery on his left ankle on Monday to have a bone fragment removed and a ligament repaired.

The 29-year-old, who was the 2014 Rookie of the Year, is expected to make a full recovery although no precise timeframe has been provided on his return.

Carter-Williams will miss the start of the new season which starts on October 19 with his return dependent on how he responds to treatment and rehabilitation.

The former pick 11 played 31 games for the Magic last season, averaging 8.8 points, 4.5 rebounds and 4.2 assists per game.

Jamahl Mosley has taken over from Steve Clifford as Magic head coach after they finished 14th in the Eastern Conference with a 21-51 record last season.

Milwaukee Bucks superstar and NBA champion Giannis Antetokounmpo purchased a stake in the Milwaukee Brewers, the MLB franchise announced on Friday.

After leading the Bucks to their first NBA title in 50 years, Finals MVP Antetokounmpo is now part of the Brewers' ownership group in Milwaukee.

Antetokounmpo follows in the footsteps of star Kansas City Chiefs quarterback Patrick Mahomes by buying into the city's baseball team – the 2018 NFL MVP invested in MLB outfit the Kansas City Royals in 2020 before joining the ownership group of MLS side Sporting Kansas City this year.

"The city of Milwaukee means so much to me," two-time NBA MVP Antetokounmpo said.

"I am honoured to be joining the Brewers ownership group to further my commitment and dedication to this great community.

"I take great pride in my city and I'm excited about what we can build together."

Antetokounmpo finished the NBA Finals averaging 35.2 points, 13.2 rebounds and 5.0 assists per game. LeBron James for the Cleveland Cavaliers in 2015 (35.8 points, 13.3 rebounds and 8.8 assists) is the only other player to average 35, 10 and five in a Finals series.

After Michael Jordan and Hakeem Olajuwon, Antetokounmpo is the third player to win a regular season MVP award, Defensive Player of the Year and Finals MVP across his career.

Antetokounmpo added during Friday's news conference: "Man, this is unbelievable.

"This is a dream come true for a kid from Sepolia, Athens, Greece, born from immigrant parents. I could have never imagined I would be in this position.''

Antetokounmpo is the first new individual investor added to the Brewers ownership group since chairman Mark Attanasio purchased controlling interest in 2005.

"We are honoured to have Giannis join our team of Milwaukee Brewers investors," Attanasio said. "Giannis is a great athlete, a world champion, and a true local hero with international renown."

The Brewers – NL Central champions in 2011 and 2018 – are eyeing their first National League pennant and World Series title.

Kevin Durant and Draymond Green blamed Golden State Warriors head coach Steve Kerr and the franchise's management for mishandling the pair's infamous on-court spat, which led to the former leaving the team.

Durant and Green were involved in a heated verbal exchange against the Los Angeles Clippers in November 2018, with the argument reportedly continuing in the locker room post-game.

Green was suspended for one game by the Warriors as a result.

Durant eventually departed the Warriors via free agency at the end of the season, joining the Brooklyn Nets.

Warriors team-mates from 2016 to 2019 – winning two NBA championships, Durant and Green spoke about the incident.

"It wasn't the argument," Durant said on Bleacher Report show 'Chips' when asked how much the argument contributed in his decision to leave Golden State.

"It was the way that everybody -- Steve Kerr -- acted like it didn't happen. [General manager] Bob Myers tried to just discipline you [Green] and think that would put the mask over everything."

Green recalled: "'Y'all are about to f*** this up. I said, 'The only person that can make this right is me and K [Durant]. And there is nothing that y'all can do, and y'all are going to f*** this up.' And in my opinion, they f***** it up."

"I think so too," responded Durant, who averaged 26.0 points, 6.4 rebounds and 5.9 assists with the Warriors in 2018-19 before suffering an Achilles injury in Game 5 of the NBA Finals.

Durant added: "I remember watching 'The Last Dance,' and when Scottie [Pippen] didn't go into the game, the whole team in the locker room said, 'Scottie, that was f***** up that you did that.'

"We needed that. We just needed to throw all of that s*** on the table and say, 'Yo Dray, K, that was f***** up that we even had to go through that.'

"Let's just wipe our hands with that and go finish the task. ... I didn't think we did that. We just tried to dance around it. I just didn't like, just the vibe between all of that, it just made s*** weird to me."

Four-time NBA All-Star Kemba Walker says he is driven to prove he is still among the league's top echelon following his trade to the New York Knicks.

The 31-year-old point guard joined the Knicks on a two-year deal after two seasons with the Boston Celtics, following his career-best year at the Charlotte Hornets in 2018-19.

Walker was an All-Star for the four seasons from 2017 to 2020, but last season battled knee injuries hampering his form and ability to establish continuity.

He only played 43 games, averaging 19.3 points [his lowest return since 2014-15], 4.0 rebounds and 4.9 assists per game.

New York-born Walker fronted the media for the first time since his trade to the Knicks and insisted he is highly motivated to prove his quality.

"It means everything," Walker said. "It's driving everything. Because I know what kind of player I am.

"I know what level I want to be at. It's added motivation."

Walker said it was the "perfect time" to return to his native New York and he was encouraged by the Knicks' belief in him.

The Knicks made the playoffs last season for the first time since 2013, bowing out 4-1 in the first round to the Atlanta Hawks.

"It's an unbelievable feeling to be able to come home," Walker said.

"As far as added pressure, I don't think so. As long as I'm in a great environment around great people I'll be fine."

Veteran Patrick Beverley has been traded for the second time in two days with the Memphis Grizzlies sending the point guard to the Minnesota Timberwolves.

The 33-year-old played a key part in the Los Angeles Clippers' 2021 playoffs campaign, marking Devin Booker closely in their Western Conference finals against the Phoenix Suns.

Beverley was also ejected from Game 6 of the series following a forceful push on Chris Paul during a stoppage.

The Grizzlies had acquired Beverley from the Clippers in a trade that sent Eric Bledsoe to Los Angeles on Sunday but Memphis made another move on Tuesday.

Beverley has been traded to the Timberwolves in exchange for guard Jarrett Culver and forward Juancho Hernangomez.

Chicago-born Beverley had been with the Clippers since 2017 but lost his starting spot in the 2021 playoffs to Reggie Jackson.

Beverley averaged 7.5 points, 3.2 rebounds and 2.1 assists per game in the 2020-21 NBA season but was more known for his defensive hustle.

Joel Embiid will sign a four-year, $196million supermax extension with the Philadelphia 76ers following his near-MVP efforts in 2020-21.

Widespread reports detailed the deal on Tuesday, which rewards an outstanding season for the All-Star center.

Embiid became eligible for the extension after finishing second in the MVP voting and making the All-NBA Second Team.

But for injury, the big man might have scooped the top award, for which he was the favourite until a knee problem in March.

The 76ers were only 10-11 without Embiid, but their 39-12 record with their outstanding star on the floor was enough to finish first in the Eastern Conference.

Embiid's 28.5 points per game were a career high and ranked fourth in the NBA despite the ongoing knee issue – a torn meniscus, which he played with into the postseason – limiting the former third overall pick to 31.1 minutes.

Per 75 possessions, his 32.9 points led the league, boosted by improvement in field-goal percentage (51.3), three-point percentage (37.7) and accuracy from the foul line (85.9 per cent).

Embiid's new deal, which runs through the 2026-27 season, reportedly includes a player option for the final year, although the Sixers do not have the same protection in case of further injuries.

Embiid is yet to play more than 64 games in a regular season in the NBA, with the start to his career delayed by two years due to foot surgery.

Marcus Smart and the Boston Celtics have agreed to a maximum-value four-year contract extension. 

Smart will make $77million in the deal, which begins with the 2022-23 NBA season, according to reports by ESPN and The Athletic. 

Smart posted a video of highlights from his Celtics career on his Instagram page Monday with the comment "Let's go 4 more..."

The 27-year-old has spent his entire seven-year NBA career with the Celtics after they selected him with the sixth overall pick in the 2014 draft. 

He averaged a career-best 13.1 points and 5.7 assists per game last season.

Smart is set to make $14.3m next season, the last in his existing deal. 

Brooklyn Nets forward Blake Griffin says there is a sense of "unfinished business" within the roster ahead of the 2021-22 NBA season.

The star-studded Nets bowed out of the NBA playoffs to eventual champions, the Milwaukee Bucks, in the Eastern Conference semi-finals 4-3.

Brooklyn were not helped by injuries to two, Kyrie Irving and James Harden, of their 'Big Three' down the stretch.

The Nets had been earmarked as title favourites following the acquisition of Harden from the Houston Rockets in January, with six-time NBA All-Star Griffin joining for the Detroit Pistons in March, and the latter said there was unfinished business after falling short.

"We obviously didn’t accomplish what we wanted," Griffin said during a video news conference. "You can say injuries, but every team had injuries.

"We feel like there’s definitely unfinished business. There’s something bigger that we want to achieve, and I still want to be a part of that."

Griffin, who became the first player in free agency to re-sign earlier this week, was confident the Nets can claim the NBA championship.

“Yeah, I think so. I think so," he said. "Obviously there’s a lot of work to do, a lot of work to be done.

"Can’t take anything for granted. But I like our team. I like the guys we have, I like our coaching staff, I like everything we’ve put together. I believe in us."

Star forward Kevin Durant re-committed to the Nets earlier this week on a bumper four-year extension believed to be worth $198million.

Former NBA Rookie of the Year Griffin, who is now 32, added that Durant's extension helped him decide to ink a minimum one-year deal.

"I mean, obviously, it’s comforting to know that the guy of that caliber is locked in," Griffin said. "KD’s kind of like that piece that brought everything together."

Brooklyn have also added guard Patty Mills from the San Antonio Spurs, fresh from leading Australia to a breakthrough bronze medal at Tokyo 2020.

"Patty adds just dynamic shooting," Griffin said. "That’s always a need for us, but also just a veteran point guard who playing against him, it seems like he’s always like that guy that comes up with a big play, - defense, offense, whatever - hits a big shot.

"He’s also a guy that can facilitate and you know, get in the teeth of defense makes the right decisions. Just a really good basketball player."

Stephen Curry's Golden State Warriors head coach Steve Kerr says the Olympics is the last thing on the two-time NBA MVP's list to achieve after the player hinted he has an "itch" to play again for Team USA.

Kerr helped Team USA to the gold medal at Tokyo 2020 as the side's assistant coach under Gregg Popovich earlier this month, while Curry sat out the tournament.

The 33-year-old Warriors point guard cited the short break between NBA seasons for opting out of Tokyo 2020.

Curry was part of gold medal-winning US sides at the 2010 FIBA World Championship and 2014 FIBA World Cup but has never participated at an Olympics.

"I don't think I even need to advise Steph on any of that because he's been through the World Cup experience at least once, I think twice, if I'm not mistaken," Kerr told The Athletic.

"He's competed at the highest level internationally. The Olympics is probably the only thing left on his list of basketball accomplishments.

"He's achieved everything else. I think that would be great if he was interested in '24. I think that'd be a great thing for him to pursue if he wanted to do it."

Curry will be 36 years-old by the time the 2024 Olympics in Paris are held.

The seven-time All Star returned to top form in the 2020-21 NBA season as the Warriors stormed into the play-in tournament.

Curry averaged 32.0 points, 5.5 rebounds and 5.8 assists per game in the 2020-21 season.

The three-time NBA champion told reporters last month: "No regrets at all [in not competing at Tokyo 2020], but there's always that itch to play and play on the biggest stage, like the Olympics. But it just wasn't the right thing for me and the right time."

Kawhi Leonard has committed his future to the Los Angeles Clippers by agreeing a four-year contract that includes a player option, according to reports.

Leonard had declined a $36million option to enter free agency after the NBA postseason, though it was expected he would opt to return to the Clippers.

The five-time NBA All-Star suffered a serious knee injury during the playoffs, going down during the Western Conference finals. Without him, Los Angeles went on to lose the series 4-2 to the Phoenix Suns.

Having undergone surgery to repair a partially torn anterior cruciate ligament in his right knee, it is unclear exactly when Leonard will be ready to get back on the court. It has been reported he will miss an extended amount of the 2021-22 season as he works his way back to full fitness.

However, the Clippers at least know they have him locked up for the long term. Shams Charania of The Athletic reported on Twitter that the deal is worth $176.3m with an option for the fourth and final year.

Leonard has averaged 26.0 points, 6.8 rebounds and 5.0 assists since joining the Clippers in 2019, arriving at the franchise after an impressive title-winning campaign with the Toronto Raptors.

The 30-year-old opted to join forces with Paul George at the Clippers, with their two seasons together seeing the team finish second and then fourth in the West.

They went 36-16 when Leonard was active in the 2020-21 regular season, outscoring their opponents by 9.0 points per outing. In the 20 games he missed, however, their record was 11-9 and they were outscored by 1.1 points on average.

In the playoffs, L.A. have lost in the Conference semi-finals and Conference finals respectively in the past two seasons.

Brooklyn Nets general manager Sean Marks says he expects to have James Harden and Kyrie Irving join Kevin Durant in re-signing with the franchise ahead of their training camp.

The Nets, who were beaten 4-3 by eventual NBA champions the Milwaukee Bucks in the Conference semi-finals last season, will be hold their pre-season training camp next month.

Durant, who last Saturday won gold at Tokyo 2020, recently re-committed to Brooklyn on a four-year deal.

Marks confirmed the Nets are in talks to extend the contracts of Irving and Harden, as they look to lock down their 'Big Three'.

“I feel very confident that first day of training camp we’ll be looking at those three in particular being signed, sealed and delivered and being part of the Brooklyn Nets for a long time to come,” Marks said in Wednesday's video conference.

"We're having those conversations with them. I think there's no immediate hurry to get any of these guys done in terms of the first day of free agency. These are opportunities for us to sit down, break bread together, meet with Joe Tsai [Nets owner] and really get on the same page."

Marks said that Durant's extension was "straight-forward", labelling the forward's decision to extend as "franchise changing".

“Kevin was honestly extremely straightforward, and very upfront about ‘I want to be here, this is it, get it done, and I want to get it done immediately.’ I don't blame him," Marks said.

"It was obviously very important for us. I can't tell you how important it was, and this is franchise changing when you can lock a person like Kevin up and he wants to commit to being here for the foreseeable future."

Marks also offered updates on both Irving and Harden who missed periods of the playoffs with injuries.

Harden, 31, battled a hamstring injury in the regular season which recurred during the playoffs, while Irving suffered an ankle sprain in Game 4 of the Bucks series and did not return.

“I've James working out, I've seen some videos of him and he's really trending in the right direction," Marks said. "Looks great, has really devoted himself this summer to rehabbing one the hamstring and just getting himself into top basketball shape.

"I was with Kyrie yesterday... It was a bad ankle sprain, there's no question there, so that set him back, but he's recovering and he's progressing well and is back in the gym and I have no doubt by the time training camp rolls around and even prior to that the guys will be together and be live on the court together playing and working out.

"But from a health standpoint no reason to be concerned about either one.”

After 13 NBA seasons, Russell Westbrook finally made it home Tuesday. 

The nine-time All-Star fulfilled a childhood dream in joining the Los Angeles Lakers after a trade from the Washington Wizards. 

The 32-year-old was born in nearby Long Beach and grew up a fan of the team, but admitted he was not sure he would get the chance. 

“Being from LA, you always wish that you could play for your home team,” Westbrook said at his introductory news conference. 

“That’s definitely something that always circled around in my mind. Maybe one day? But I always would come back and be like, ‘Ah, that probably won’t happen.’ I just had to wait and see.

"But now that we’re here, I’m going to take full advantage of it.”

Considering who he will be playing alongside, there's every reason to believe he will. 

Westbrook joins LeBron James and Anthony Davis on a remade Lakers team that will also feature Carmelo Anthony – an impressive array of star power even for a franchise long associated with glamour. 

After averaging a triple-double for the fourth time in five seasons, Westbrook knows he will not have to focus as much on scoring as he has in the past. 

Likewise, his arrival will take some of the ball-handling and distribution load from James, ideally freeing him up on the offensive end. 

"I'm coming to a championship-caliber team and my job is to make sure that I'm able to make his game easy for [James]," Westbrook said. "I'll find ways to do that throughout the game."

That philosophy does not stop with helping the already exalted James elevate his game, either. 

Westbrook is already excited to get in the gym with a group of incoming veterans including Dwight Howard, Trevor Ariza and Kent Bazemore.

“The roster is great,” Westbrook said. “A bunch of guys that I’ve already known previously, which is even better.

"As I come into the season, I’m always looking at the roster and figuring out how I can make other guys better, simple as that.

"I want to be able to leave an impact on people when they either play with me or come across me, and I’ll find ways to do that with our roster. I’m really looking forward to getting together with all the guys and figuring it out.”

Los Angeles Lakers signing Carmelo Anthony has brushed off concerns about the age of the franchise's roster where he will play alongside four-time MVP LeBron James.

Anthony, who turned 37 in May, joined the Lakers from the Portland Trail Blazers last week.

The 10-time NBA All Star, who was the third pick in the 2003 NBA Draft, will team up with 36-year-old James who was the top pick in that year's draft.

The Lakers side also consists of veterans Trevor Ariza, Dwight Howard and Marc Gasol, while 32-year-old point guard Russell Westbrook has also joined this offseason, leading to concerns about an aging roster.

"We don't care," Anthony interjected when the aging topic came up during his presentation press conference on Monday. "We don't care. We make our own narrative."

Anthony added: "I like when people talk about the age. It gives a better story. I think it gives a better story. I think people forget, at the end of the day, it's about basketball.

"You got to know how to play basketball. You got to have that experience. I think that's what we bring at this point and time. Our talent, our skill, but also our experience.

"There's different resources than when we came into the game. We understand what taking care of yourself means from the holistic perspective."

The power forward, who will likely play a bench role for the Lakers this season, averaged 13.4 points, 3.1 rebounds and 1.5 assists per game in the 2020-21 NBA season for the Blazers.

Anthony will enter his 19th NBA season pursuing his maiden title, having had stints with five other franchises, getting closest in 2009 when the Denver Nuggets made the Conference finals.

"I'm coming in with a championship on my mind," Anthony said.

"I think we all know that this is the one thing that I'm missing, right? This is the one thing that it keeps me up at night, it motivates me, because I don't have it. I want that experience."

Anthony also revealed the role James played in luring him to the Lakers, having been linked with a move to Los Angeles numerous times in the past.

"Bron just came to me one time and said, 'yo, the time is now. I want you. We got to make this happen,'" Anthony said.

"I just felt like for right now, this is the best time. Most people would say we should've gotten together years ago early in our careers, but we were in two different lanes, we were on two different paths. Everything comes full circle."

The Lakers also unveiled Kent Bazemore on Monday after being added to the roster from the Golden State Warriors.

Kyle Kuzma, Kentavious Caldwell-Pope and Montrezl Harrell were all previously traded out to the Washington Wizards as part of the Westbrook deal.

Los Angeles Lakers signing Carmelo Anthony has brushed off concerns about the age of the franchise's roster where he will play alongside four-time MVP LeBron James.

Anthony, who turned 37 in May, joined the Lakers from the Portland Trail Blazers last week.

The 10-time NBA All Star, who was the third pick in the 2003 NBA Draft, will team up with 36-year-old James who was the top pick in that year's draft.

The Lakers side also consists of veterans Trevor Ariza, Dwight Howard and Marc Gasol, while 32-year-old point guard Russell Westbrook has also joined this offseason, leading to concerns about an aging roster.

"We don't care," Anthony interjected when the aging topic came up during his presentation press conference on Monday. "We don't care. We make our own narrative."

Anthony added: "I like when people talk about the age. It gives a better story. I think it gives a better story. I think people forget, at the end of the day, it's about basketball.

"You got to know how to play basketball. You got to have that experience. I think that's what we bring at this point and time. Our talent, our skill, but also our experience.

"There's different resources than when we came into the game. We understand what taking care of yourself means from the holistic perspective."

The power forward, who will likely play a bench role for the Lakers this season, averaged 13.4 points, 3.1 rebounds and 1.5 assists per game in the 2020-21 NBA season for the Blazers.

Anthony will enter his 19th NBA season pursuing his maiden title, having had stints with five other franchises, getting closest in 2009 when the Denver Nuggets made the Conference finals.

"I'm coming in with a championship on my mind," Anthony said.

"I think we all know that this is the one thing that I'm missing, right? This is the one thing that it keeps me up at night, it motivates me, because I don't have it. I want that experience."

Anthony also revealed the role James played in luring him to the Lakers, having been linked with a move to Los Angeles numerous times in the past.

"Bron just came to me one time and said, 'yo, the time is now. I want you. We got to make this happen,'" Anthony said.

"I just felt like for right now, this is the best time. Most people would say we should've gotten together years ago early in our careers, but we were in two different lanes, we were on two different paths. Everything comes full circle."

The Lakers also unveiled Kent Bazemore on Monday after being added to the roster from the Golden State Warriors.

Kyle Kuzma, Kentavious Caldwell-Pope and Montrezl Harrell were all previously traded out to the Washington Wizards as part of the Westbrook deal.