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The Latest: Trail Blazers sign Stauskas to 1-year contract

July 5, 2018

The Latest on NBA free agency (all times EDT):

7:45 p.m.

Nik Stauskas is officially a member of the Portland Trail Blazers, after signing his one-year, $1.6 million contract.

The team announced the move Thursday.

Stauskas agreed to the contract quickly after the start of free agency. Even though the NBA’s offseason moratorium does not end until 12:01 p.m. EDT Friday, signings like the deal for Stauskas and the one former NBA MVP Derrick Rose completed with the Minnesota Timberwolves on Wednesday are permitted under the league’s collective bargaining agreement. Short-term minimum-salary signings can be completed before the moratorium is lifted.

Portland will be Stauskas’ fourth team in his five NBA seasons. He’s a career 35 percent 3-point shooter.

“Nik is a versatile and talented perimeter player that will seamlessly fit into our style of play,” Portland general manager Neil Olshey said.

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2:45 p.m.

Nemanja Bjelica is moving from Minnesota to Philadelphia.

A person familiar with the negotiations says Bjelica has agreed to a one-year contract with the 76ers worth nearly $4.5 million. The person spoke to The Associated Press on condition of anonymity Thursday because the deal has not been announced.

Bjelica gives Philadelphia more shooting depth, needed in an offseason where the 76ers lost Ersan Ilyasova and Marco Belinelli.

Bjelica shot 42 percent from 3-point range last season, his best clip in his three NBA years. The 30-year-old Serbian had a long career in Europe before coming to the NBA with Minnesota in 2015.

He was originally drafted by Washington in 2010.

— Reporting by AP Basketball Writer Tim Reynolds in Las Vegas.

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