Undrafted UC Santa Barbara forward Alan Williams has signed a lucrative deal to play next season with Qingdao of the Chinese Basketball Association, a source told RealGM.

Williams had a breakthrough performance in the Las Vegas summer league with the Houston Rockets, averaging 20.5 points and 11.8 rebounds while shooting 50 percent from the floor in four games. He also played for the Charlotte Hornets in the Orlando summer league.

Williams, 6-foot-8, played four collegiate seasons at UCSB, averaging a double-double in his final three years. The 22-year-old averaged 17.3 points and 11.9 rebounds as a senior.

Free agent Jeffery Taylor has agreed to a one-year contract with Euroleague contender Real Madrid, sources told RealGM.

Taylor's deal with Real Madrid is expected to be worth over $900,000, sources said. Real Madrid is the reigning Euroleague champion.

RealGM reported on Tuesday that Taylor was closing in negotiations with the Spanish club.

Taylor, the No. 31 overall pick in the 2012 NBA draft, made progress with Real Madrid over the past several days.

The 6-foot-7 Taylor averaged 4.4 points and 1.3 rebounds in 14.8 minutes per game for the Charlotte Hornets last season. Taylor has played his entire three-year career with the Hornets, with averages of 6.1 points and two rebounds

Taylor had a standout collegiate career at Vanderbilt University.

Free agent forward Jeffery Taylor is close in negotiations toward a deal with Euroleague powerhouse Real Madrid, sources told RealGM.

Taylor, the No. 31 overall pick in the 2012 NBA draft, has made progress with Real Madrid over the past several days.

The 6-foot-7 Taylor averaged 4.4 points and 1.3 rebounds in 14.8 minutes per game for the Charlotte Hornets last season. Taylor has played his entire three-year career with the Hornets, with averages of 6.1 points and two rebounds

Taylor had a standout collegiate career at Vanderbilt University.

Portland Trail Blazers free agent Joel Freeland has declined multiple NBA offers — including the Dallas Mavericks’ three-year, $6 million proposal — to sign a lucrative two-year contract with Euroleague contender CSKA Moscow, sources told RealGM.

Freeland and the Mavericks had advanced negotiations this week, making ground on a possible agreement, but a final offer of over $6 million with player incentives wasn’t enough to entice the 6-foot-11 center.

Freeland had several other offers, including veteran-minimum proposals from the Cleveland Cavaliers and San Antonio Spurs, sources said. For any NBA organization, Freeland would have been a legitimate rotation signing.

With CSKA Moscow, Freeland will receive a salary eclipsing $3 million per season with bonuses, guaranteed starting time and shots, and paid expenses. His deal contains no out clauses and had a July 10 deadline to agree upon an NBA contract. CSKA Moscow will announce the signing of Freeland on Monday.

The Blazers selected Freeland with the No. 30 overall selection in the 2006 NBA draft, and the British big man joined the franchise six years later.

Freeland brought a polished defensive mindset to the Blazers, a pro presence, and averaged 3.2 points and 3.4 rebounds in three seasons. He also dealt with injury setbacks, never playing over 52 games in a season.

Freeland, 28, became an unrestricted free agent after the Blazers elected not to extend a qualifying offer.