The Denver Nuggets and free-agent wing Tim Hardaway Jr. agreed to a one-year contract on Tuesday, according to ESPN's Shams Charania.

There is nothing like the start of NBA free agency, and last night's frenzy certainly lived up to the billing with big trades, big contracts and big statements. We'll start with the biggest surprise: The Nuggets traded Michael Porter Jr.

This is a huge win for Detroit and the WNBA,” Gores said in a statement. “Today marks the long-hoped-for return of the WNBA to a city with deep basketball roots and a champ

All three new teams have NBA ownership groups, and each paid a $250 million expansion fee — about five times as much as Golden State did a few years ago.