Tom Thibodeau, who has been at the forefront of the Knicks' resurgence in his four seasons as coach, has reached a three-year contract extension, sources told ESPN.
The Pistons traded Bojan Bogdanovic and Alec Burks to the Knicks.
The Nets acquired Dennis Schroder and Thaddeus Young from the Raptors in exchange for Spencer Dinwiddie, who was subsequently waived by Toronto.
Julius Randle suffered a dislocated right shoulder in the Knicks' 125-109 victory over the Heat, a source told ESPN's Adrian Wojnarowski.
The Knicks acquired forward OG Anunoby in a trade that sends RJ Barrett, Immanuel Quickley and a 2024 second-round pick to the Raptors.
76ers guard James Harden is picking up his $35.6 million option, and the sides are beginning to work together in exploring trade scenarios, sources told ESPN's Adrian Wojnarowski on Thursday.