Latest NBA Rumors: T-Wolves, Wiggins Close To Extension, Pistons Expected To Deal Drummond & More

With NBA Free Agency now pretty much over as virtually all of the big names that were on the market have signed new deals, and as such, the trade market is starting to heat up. The uncertain future of Carmelo Anthony remains a major storyline, as is the possibility of LeBron James leaving the Cleveland Cavaliers next offseason. Here are all the latest NBA rumors you need to know:

Timberwolves, Andrew Wiggins close to five-year extension
Andrew Wiggins is close to signing a five-year extension with the Minnesota Timberwolves, according to Sam Amico of Amicohoops.net.

Former No. 1 overall draft pick Andrew Wiggins and the Minnesota Timberwolves are closing in on a five-year, $148 million contract extension.

Wiggins is a 6-foot-8 swingman and entering his fourth year. He is coming off a season in which he averaged a career-high 23.6 points per game.

He has one season left on his rookie deal, and the extension reportedly would begin in 2018-19, with Wiggins receiving $25.5 million of the contract that first season.

According to reports, the base salary would increase to $30.6 million if Wiggins were to make an All-NBA team or named Defensive Player of the Year in 2017-18.

Wiggins averaged 23.6 points, 4.0 rebounds and 2.3 assists per game last season.

Pistons expected to deal Andre Drummond
The Detroit Pistons have been taking calls about center Andre Drummond for the past year, and they're expected to move him by the end of the upcoming season, according to Sports Illustrated's Jake Fischer.

Toronto called dangling Jonas Valanciunas before the deadline, and Sacramento and Phoenix also expressed strong interest in Drummond in June, per sources. There's enough grease to ultimately move the wheels and find Drummond a new home before the season starts, and he's almost certainly not finishing out the final four years of his five-year, max contract in Detroit. The Pistons had eyes on Ryan Anderson before he hit free agency last summer. Perhaps Detroit finagles its way into the Melo-to-Houston talks, moving Drummond to New York and taking back Ryan Anderson—a Stan Van Gundy favorite from Orlando—in return. Portland called about Drummond before they ultimately moved on Jusuf Nurkic this spring, but perhaps those front offices' familiarity could also help deliver Drummond to the Knicks in a Melo maneuver. Or maybe Drummond is simply the latest weapon to change teams in the NBA's arms race to defeat the Warriors. He will very likely be wearing a new jersey by the end of the 2017-18 season. Why not now?

Drummond averaged 13.6 points and 13.8 rebounds per game last season.

Lakers, Cavs getting into bidding war over Derrick Rose?
Derrick Rose is reportedly "close" to signing a one-year deal with the Cleveland Cavaliers, but the Los Angeles Lakers are trying to lure him away. According to ESPN's Ramona Shelburne and Chris Haynes, the Lakers are meeting with Rose today in hopes to sign him.

The Lakers are looking to sign a veteran to backup rookie Lonzo Ball and think Rose can be a quality sixth man that will mentor Ball and LA's other young players.

Cleveland is offering Rose a deal for the veterans minimum worth $2.1 million, but Los Angeles can offer him more than double by using their full mid-level exception ($4.3 million available).

Rose averaged 18.0 points, 4.4 assists and 3.8 rebounds per game for the New York Knicks last season.

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Related Topics: Cavs Rumors, NBA Rumors Roundup, Andre Drummond, Timberwolves News, Andrew Wiggins, Derrick Rose, Pistons Rumors, Lakers Rumors, NBA Rumors