The Dallas Mavericks have received a Disabled Player Exception worth $1.85 million after losing J.J. Barea for the season.

The Mavs can use $1.95 million to acquire a player in a trade.

The exception expires on March 11th. 

Kenneth Faried has agreed to a contract buyout with the Brooklyn Nets.

The 29-year-old Faried is expected to join the Rockets once he clears waivers on Monday.

The Rockets have until then to make room for Faried's roster spot. With Clint Capela's injury, Faried will step into the lineup immediately and play significant minutes.

Danuel House Jr. has reportedly failed to reach a contract agreement with the Houston Rockets. House completed the last of his 45 days of service under a two-way deal with the Rockets on Monday.

House will remain on a two-way contract with the Rio Grande Valley Vipers. He can still sign the Rockets' offer, but that is not expected. 

The Rockets are expected to sign another wing to a 10-day deal. 

House is averaging 9 points and 3.6 rebounds on the season, while shooting 39% from the 3-point line.

The Sacramento Kings are in the process of picking up options for Dave Joerger's coaching staff through next season.

The extensions put the assistants on the same contractual timeline as Joerger. 

There are currently nine assistants on Joerger's staff, including Bryan Gates, Elston Turner, Bob Thornton, Jason March, Duane Ticknor, Larry Lewis, Bobby Jackson, Phil Ricci, and Dan Hartfield.

The Toronto Raptors are planning to sign Patrick McCaw for the rest of this season for the veteran's minimum of $786,000.

The 23-year-old was most recently waived by the Cavs earlier this week after signing a non-guaranteed 2-year, $6 million deal. 

The NBA is investigating the Cavs for possibility circumventing the salary cap after waiving McCaw. Most league executives are skeptical that the Cavs would be punished.

The Minnesota Timberwolves have waived James Nunnally.

Over 13 appearances this season, the 28-year-old Nunnally averaged 2.1 points in 4.9 minutes. 

Nunnally was waived the day before his contract would have become guaranteed for the rest of the season. The Wolves now have 16 players on their roster. 

The Minnesota Timberwolves have fired head coach and team president Tom Thibodeau. Ryan Saunders has been promoted to interim coach. 

Thibodeau had a 97-107 record as coach of the Timberwolves, the second most wins in franchise history. 

Fred Hoiberg is rumored to be a strong candidate to replace Thibodeau as head coach or Scott Layden as general manager. Layden remains the Timberwolves GM for now. 

“These decisions are never easy to make, but we felt them necessary to move our organization forward,” Taylor said in a statement issued by the team.

The Phoenix Suns plan to sign Quincy Acy to a 10-day contract.

The 28-year-old Acy averaged 5.9 points and 3.7 rebounds with the Nets last season. The Suns will be the 6th NBA team that Acy has played for in his career.

The Suns recently waived Eric Moreland. 

Assigned to the San Antonio Spurs' G League affiliate after making his NBA debut, Lonnie Walker IV scored a career-high 34 points for the Austin Spurs.

Walker IV shot 12-22 from the field against the Memphis Hustle, including going 4-6 from the 3-point line.  

The 20-year-old Walker IV recently made his NBA debut against the Raptors, becoming the second-youngest player to appear in a game in Spurs franchise history.