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Chris Paul agrees to $107M deal with Clippers

Chris Paul Derrick Rose

Chris Paul, Derrick Rose

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Point guard Chris Paul is staying with the Los Angeles Clippers.

Paul agreed to terms on a new contract on the day free agency opened, agent Leon Rose confirmed. The deal reportedly is for five years and $107 million, but it can’t be signed until July 10 — after the NBA sets the salary cap for the 2013-14 season.

Paul posted a message on his Twitter account Monday that said: ‘‘I’M IN!!!” #CLIPPERNATION.

Paul averaged 16.9 points, 9.7 assists and a league-leading 2.4 steals this past season to lead the Clippers to their first Pacific Division title. His decision to stay with the Clippers is the second big offseason victory for the franchise, following its acquisition last week of coach Doc Rivers in a trade with the Boston Celtics.

Bargnani to Knicks

The New York Knicks and Toronto Raptors have agreed on a trade that will bring forward Andrea Bargnani to New York for three players and three draft picks, a person with knowledge of the deal said on condition of anonymity because the talks were to remain private.

The Raptors will receive Knicks reserves Steve Novak, Marcus Camby and Quentin Richardson, a first-round pick in 2016 and two second-round picks for Bargnani, who was the No. 1 overall pick in the 2006 draft and has two years and a little more than $22 million left on his contract.

Bargnani has averaged 15.2 points and 4.8 rebounds in his career, but he averaged only 12.7 points on less than 40 percent shooting and played in only 35 games this past season, missing time with a sprained right elbow.

Rondo update

Celtics general manager Danny Ainge said he’s not trying to trade point guard Rajon Rondo, but he’ll keep listening to calls.

Because the Celtics already have unloaded coach Doc Rivers and forwards Paul Pierce and Kevin Garnett this offseason, Ainge said teams are assuming they’re looking to dump everything of value. But he said the team wants to keep Rondo as it tries to rebuild.

Hawks woo Howard

Atlanta Hawks general manager Danny Ferry and coach Mike Budenholzer were in Los Angeles to talk with center Dwight Howard — a native of Atlanta — and other free agents, a person familiar with the situation said. Ferry and Budenholzer also were expected to meet with Hawks free agents Josh Smith and Kyle Korver on the trip.

Sun-Times wires



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