According to ESPN's Adrian Wojnarowski, the Philadelphia 76ers are waiving forward/center Paul Reed. The 25-year-old inked a three-year, $23.5 million deal with Philly last offseason. However, with the Sixers signing free agent Caleb Martin, Reed, who has a non-guaranteed salary, will be sent packing. He averaged a career-high 7.3 points, 6.0 rebounds, and 1.0 blocks with the Sixers last season. Although Reed will likely find a new team, he isn't expected to be a routine contributor anytime soon.

Free-agent guard Malik Beasley agreed to a one-year, $6 million deal with the Detroit Pistons. The 2016 No. 19 overall pick made 79 appearances for the Bucks in 2023-24, averaging 11.3 points while shooting 41.3% from behind the arc. While he likely won't be a routine starter like in Milwaukee, his three-point efficiency should keep him in the rotation enough for him to remain a viable option for fantasy managers.

Free-agent forward Dario Saric agreed to a two-year, $10.6 million contract with the Denver Nuggets on Saturday. Saric appeared in 64 games with the Golden State Warriors last season, averaging 8.0 points, 4.4 rebounds, and 2.3 assists while shooting 37.6% from behind the arc. With the Nuggets losing Kentavious Caldwell-Pope in free agency, adding the 30-year-old will help lessen the blow. His presence will also bolster a bench that wasn't very deep during the 2023-24 campaign. With that said, Saric should get a few starts in 2024-25. Yet, he's not anticipated to be a consistent fantasy producer.

The Chicago Bulls have agreed to a trade to send forward DeMar DeRozan to the Sacramento Kings. There were multiple reports of Sacramento's interest in DeRozan, so it's not shocking to see him landing here. In exchange, the Bulls receive Chris Duarte, and two second-round picks. This deal is done as part of a sign-and-trade with DeRozan still owed $74 million over the next three seasons. The assumption is that DeRozan will slide right in the place of Barnes in the rotation. The veteran forward should still be able to produce around top-50 value with his new team. DeRozan is limited from three-point range, but does enough on the court to be considered a viable fantasy option in all formats.

Sacramento Kings forward Harrison Barnes is headed to the San Antonio Spurs as part of a three-way sign-and-trade. The Kings will recieve DeMar DeRozan while the Chicago Bulls get Chris Duarte and a pair of second-round picks. Barnes was a full-time starter with the Kings last season but he was the odd man out with DeRozan coming to town. The Spurs are rebuilding, but they've added more experience with Chris Paul this offseason. They continue to build around superstar center Victor Wembanyama. The additions of Paul and Barnes should help the Spurs on the court and from a leadership standpoint. Barnes should have no problems finding minutes, but his value is trending more towards a late-round draft pick.