Terrence Jones has agreed upon a two-year, $2 million deal with Qingdao.

Jones spent last season with the New Orleans Pelicans and Milwaukee Bucks.

Jones had a PER of 16.1 last season.

The Indiana Pacers have waived Kevin Seraphin.

Seraphin had a guarantee date coming up on his deal.

Seraphin averaged 4.7 points and 2.9 rebounds in 11.4 minutes per game last season with the Pacers.

The Pacers signed Seraphin to a two-year, $3.6 million deal.

The Atlanta Hawks have requested waivers on Diamond Stone.

Stone appeared in seven games last season with the Los Angeles Clippers. Stone was traded to the Hawks in the Jamal Crawford trade in early July.

Stone was a second round pick in 2016 out of Maryland.

The Orlando Magic have waived guard-forward Marcus Georges-Hunt.

Georges-Hunt was signed as a free agent by Orlando on April 3, 2017.

Georges-Hunt played in five games last season during his rookie campaign with the Magic, averaging 2.8 ppg. and 1.8 rpg. in 9.5 minpg. He also made his NBA debut on April 4 at Cleveland, recording one rebound in four minutes, and scored his first NBA points on April 6 vs. Brooklyn, finishing with career-highs of eight points and seven rebounds in 20 minutes. Prior to being signed by Orlando, Georges-Hunt played in 45 games (40 starts) with the Maine Red Claws of the NBA G League, averaging 15.8 ppg., 6.2 rpg., 4.5 apg. and 1.02 stlpg. in 36.4 minpg., while shooting .392 (74-of-189) from 3-point range and .888 (159-of-179) from the free throw line. He ranked sixth in the G League in minutes played and 20th in assists and was named a 2016-17 NBA G League All-Star.

Charles Cooke has agreed upon a two-way deal with the New Orleans Pelicans.

Cooke averaged 10.0 points, 3.0 rebounds and 0.8 assists in Summer League.

Cooke went undrafted in 2017 out of Dayton.

The Houston Rockets have waived Jarrod Uthoff.

Uthoff's contract would have become guaranteed at $200,000 on Sunday.

Uthoff averaged 4.4 points, 2.6 rebounds and 1.0 assists in 12.8 minutes over nine games last season with the Mavericks.

The New York Knicks never offered Derrick Rose even a contract at the veteran's minimum.

Rose signed with the Cleveland Cavaliers on a one-year, $2.1 million deal. Rose spent one season with the Knicks.

The Knicks drafted Frank Ntilikina in June as their point guard of the future.

“Did we miss something?,” Rose’s agent B.J. Armstrong asked The Post. “Is there something going [on] in New York we didn’t see? We all would agree they are on a different timeline than Derrick — a young team with great young talent there and trying to build something for the future. They’re not on the same timeline as players who are a little older and experienced.

“It doesn’t take a rocket scientist to figure out Derrick’s best basketball is right now. The Knicks aren’t ready to compete at that level right now. It could be three, four years.”

Rose is coming off his fourth surgery after playing 64 games with the Knicks.

The Miami Heat can offer Josh Richardson an extension beginning on Thursday.

Richardson can be offered as much as $43 million over four seasons. If Richardson declines an extension offer, he can become a restricted free agent in 2018.

The Heat and Richardson are expected to hold serious discussions.

Richardson will earn $1.5 million this upcoming season regardless of whether he accepts the extension.

The Los Angeles Lakers and Vander Blue have agreed upon a partially guaranteed deal.

Blue last played in the NBA during the 14-15 season with the Lakers. Blue averaged 15.0 points, 3.8 rebounds and 3.0 assists in 27.4 minutes per game during Summer League.

Blue was the 2017 MVP of the G-League.

The Houston Rockets and Demetrius Jackson have agreed upon a two-way deal.

Jackson was a second round pick by the Boston Celtics in 2016 and played primarily in the G-League as a rookie.

Jackson was waived by the Celtics on July 15th.

Jackson averaged 8.6 points, 2.4 rebounds and 3.8 assists in 25.8 minutes per game in Summer League.