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Pelicans, Grizzlies make 3-player deal

(AP Photo/Rick Bowmer)

NEW ORLEANS (AP) The Memphis Grizzlies have agreed to trade center Jonas Valanciunas to the New Orleans Pelicans in exchange for center Steven Adams, guard Eric Bledsoe and a swap of multiple draft choices, a person familiar with the situation said.

The person spoke to The Associated Press on condition of anonymity on Monday because no trade can become official until Aug. 6.

The trade, first reported by ESPN, sends New Orleans' 10th and 40th overall draft choices to Memphis for the Grizzlies' 17th and 51st overall picks this year.

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Mavs' Doncic scores 48 in Olympic debut

SAITAMA, Japan (AP) Luka Doncic is only a 22-year-old Olympic rookie, a player who might still be a few years away from his best basketball.

Sergio Hernandez doesn't need to wait.

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France ends US men's 25-game Olympic run

SAITAMA, Japan (AP) The final buzzer sounded and France barely celebrated.

To them, beating the United States again wasn't really a surprise. And that might be the biggest indicator yet that the Americans - even after three consecutive Olympic gold medals - are no longer feared by other top international teams.

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Cavs extend qualifying offer to C Allen

CLEVELAND (AP) The Cavaliers extended a qualifying offer Friday to center Jarrett Allen, making him a restricted free agent.

The team had until Aug. 1 to make the offer to Allen, a 23-year-old acquired last season in a trade from Brooklyn and viewed as one of Cleveland's core pieces.

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Fans celebrate Bucks' title with parade

MILWAUKEE (AP) Thousands of fans lined downtown Milwaukee streets on Thursday to catch a glimpse of their beloved Bucks in a parade to celebrate the city's first NBA championship in half a century.

Six police officers on horseback clopped past cheering fans at the head of a procession that included a hook-and-ladder fire truck, occasionally blaring its horn, and open-air buses and flatbed trucks carrying Bucks stars including Finals MVP Giannis Antetokounmpo and Jrue Holiday, as well as the trophy they captured Tuesday night with a Game 6 victory over Phoenix.

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Pelicans officially hire Green as coach

NEW ORLEANS (AP) The New Orleans Pelicans have hired Phoenix Suns assistant Willie Green as their new head coach.

Green, a former NBA player who turns 40 on July 28, is a first-time head coach after serving as an NBA assistant coach the past five years - first with Golden State and then with Phoenix, which lost to Milwaukee in the NBA Finals on Tuesday.

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Bill Russell to auction personal items

BOSTON (AP) The most decorated man in NBA history will be giving the public a chance to own some of the prized memorabilia from his Hall of Fame career.

Bill Russell announced Thursday he is offering hundreds of items from his personal collection, including trophies, rings, basketballs, jerseys, letters, photos and other keepsakes. The items span his 13-year career as a player and coach for the Boston Celtics, and also feature mementos chronicling his work during the civil rights movement and beyond.

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Loyal to Bucks, Giannis delivers title

MILWAUKEE (AP) This could have been the offseason in which Giannis Antetokounmpo entered the free-agent market and perhaps teamed up with another superstar to try winning multiple NBA titles together.

Antetokounmpo instead will spend the summer celebrating a championship he won with the team that picked him.

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Suns now wait to see if Paul returns

PHOENIX (AP) In his 16th season, Chris Paul took a risk, deciding that a young, unproven Phoenix Suns team was worth joining in his pursuit of his first NBA championship.

To the surprise of just about everyone outside the locker room, it nearly worked.

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Hawks' Okongwu has shoulder surgery

ATLANTA (AP) Atlanta Hawks forward-center Onyeka Okongwu had surgery Wednesday night in Los Angeles to repair a torn labrum in his right shoulder.

The team said Dr. Neal ElAttrache of Kerlan-Jobe Orthopaedic Clinic performed the surgery. Okongwu is expected to be fully recovered in about six months.

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