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The New Orleans Pelicans are expected to retain point guard Jrue Holiday with a big-money contract once the NBA free agency period begins at 12:01 a.m. Saturday.
Holiday is expected to receive a five-year offer from the club for approximately $170 million in a meeting scheduled right as free agency begins.
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The New York Knicks are expected to interview former Cleveland Cavaliers general manager David Griffin after the team parted ways this week with Phil Jackson as president of basketball operations.
Griffin, who left the Cavaliers last week in a mutual decision but reportedly over differences with owner Dan Gilbert, is a candidate to join the Knicks' front office, sources told ESPN's Ramona Shelburne.
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The Chicago Bulls waived Rajon Rondo, ending the point guard's stint with the team after one season.
Rondo had a team option worth nearly $13.4 million that would have become fully guaranteed if Chicago hadn't waived him by Friday. He will instead receive $3 million by being released.
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