The Golden State Warriors have agreed to a four-year, $117 million sign-and-trade deal with the Brooklyn Nets for D'Angelo Russell.

The Warriors will also acquire Trevon Graham and Shabazz Napier.

Golden State must unload salary elsewhere to make this deal feasible as they are up against the hard cap, which could mean also trading Andre Iguodala. 

The Golden State Warriors have interest in D'Angelo Russell in a potential sign-and-trade scenario with the Brooklyn Nets.

Kevin Durant has agreed to sign with the Nets, but the Warriors have long expressed interest in a sign-and-trade should he decide to leave.

Russell has also received interest from the Minnesota Timberwolves and Los Angeles Lakers.

The Golden State Warriors were widely expected to reach agreement with Klay Thompson on a five-year, $190 million max contract.

The deal, however, hasn't been widely reported as being agreed upon.

Marc Stein of the New York Times reports that three sources indicate the deal remains done.

Monte Poole of NBC Sports Bay Area reported that just because the deal isn't being publicized doesn't mean there is no deal. 

"Nothing has changed," according to a source.

Mario Hezonja has agreed to sign a two-year minimum deal with the Portland Trail Blazers.

Hezonja will have a player option in Year 2.

Mike Muscala has agreed to sign with the Oklahoma City Thunder.

Muscala spent parts of last season with the Los Angeles Lakers, Los Angeles Clippers and Philadelphia 76ers.

The New Orleans Pelicans have agreed to acquire Derrick Favors from the Utah Jazz.

The Utah Jazz were widely expected to part ways with Favors this offseason.

Nerlens Noel has backed out of a deal with the Oklahoma City Thunder.

Noel asked for more time to reevaluate his earlier commitment.

Both sides are continuing their discussions. 

The Dallas Mavericks have acquired Kelly Olynyk and Derrick Jones from the Miami Heat as part of the Jimmy Butler sign-and-trade with the Philadelphia 76ers.

Ramona Shelburne of ESPN previously reported Goran Dragic would go to the Mavericks. The Mavericks couldn't take back Dragic because they feared losing their flexibility to make additional moves this offseason.

Ed Davis has agreed to a two-year, $10 million deal with the Utah Jazz.

Davis spent last season with the Brooklyn Nets.

Davis will fill some of the minutes that previously went to Derrick Favors.

The Brooklyn Nets have agreed to sign DeAndre Jordan to a four-year, $40 million deal.

Jordan previously agreed to sign with the Nets at the start of free agency.

Jordan and Kevin Durant have long been close friends.

Durant and Kyrie Irving are taking less than the max to fit Jordan in at that number.