BREAKING: Mavericks Finalizing Deal To Acquire Kristaps Porzingis

Let's try that again: Dallas is finalizing a deal to land Kristaps Porzingis, league sources tell ESPN. https://t.co/WacB71H1JW

— Adrian Wojnarowski (@wojespn) January 31, 2019

The Mavericks have agreed to take on the contracts of Tim Hardaway Jr. and Courtney Lee to faciliate a Porzingis trade and are working to complete the transaction today, league sources say

— Marc Stein (@TheSteinLine) January 31, 2019

The Knicks would receive Dennis Smith Jr. and the expiring contracts of DeAndre Jordan and Wes Matthews in the proposed trade, according to league sources

— Marc Stein (@TheSteinLine) January 31, 2019

The Knicks would also receive future first-round draft compensation from the Mavericks and, by shedding the contracts of Hardaway and Lee, create the salary-cap space this summer to pursue two maximum contract free agents

— Marc Stein (@TheSteinLine) January 31, 2019

New York has agreed with Dallas on trade that includes Kristaps Porzingis, Courtney Lee, Tim Hardaway Jr., for Wesley Matthews, Dennis Smith Jr. and DeAndre Jordan, league sources tell ESPN. Players and agents are being notified of particulars. Deal may include more draft assets.

— Adrian Wojnarowski (@wojespn) January 31, 2019