The EuroBasket is in full swing, with the quarterfinal matchups already confirmed. The upcoming matches promise even more exciting and intense competition. The NBA is also busy. Despite the offseason, the new season is drawing near, and many teams have seen progress in previously stalemated negotiations. The Nets have reached a contract, while the Bulls have further increased their offer. There have also been further reports regarding the Leonard situation, suggesting it may be escalating. Let's take a closer look. NBA: Has the Leonard situation escalated? Thomas signed for $6 million, Bulls offer $90 million.

The Nets' contract extension with Cameron Thomas has been a hot topic this offseason. The two sides have been unable to reach an agreement, but further news has emerged earlier this month. According to Shams Shams, sources revealed that restricted free agent Cameron Thomas has signed a one-year, qualifying offer worth $6 million with the Nets. The Nets subsequently announced the signing.

Thomas reportedly rejected two extension offers from the Nets: one for $30 million over two years, with a team option for the second year; and another for $9.5 million over one year with a $1.5 million bonus, but with a waiver of his no-trade option. Signing the qualifying offer would grant him a no-trade option for the upcoming season and allow him to become an unrestricted free agent in the 2026 offseason. By then, more than 10 teams will have cap space.

Cameron Thomas's decision may influence the final outcome of the relationship between Kuminga and the Warriors. According to leaked information, Kuminga has announced that he will accept the qualifying offer if the Warriors don't increase their offer within the next week. The Bulls appear to have taken a different approach to the same issue. ClutchPoints reporter Brett Siegel reports that the Bulls view Giddy as one of their next core players, which is why they haven't considered a sign-and-trade deal this summer. Sources have revealed that the Bulls have never considered such a move and have never discussed trading Giddy with any team.

Both sides have also been in ongoing contract extension discussions for some time. Giedy wants to return and pursue a $30 million annual contract. The team can't afford to lose him at this point, but the two sides have been unable to reach an agreement on contract terms for a long time. However, recent reports indicate that the Bulls have increased their offer in an attempt to break the impasse. Sources reveal that the Bulls have offered Giedy a four-year, $85 million to $90 million contract, which could be their final offer this summer. It's clear the Bulls are desperately trying to retain Giedy, but the final contract agreement remains to be seen.

The league is investigating Leonard's illicit contract with the Clippers. There are reports that Leonard may have used a sham endorsement contract worth $28 million for a non-existent contract. Others suggest the contract was intended to circumvent the salary cap. Now, further news has emerged. According to the Boston Sports Journal, an executive source revealed that Leonard has reached an additional agreement with Aspiration, which will receive $20 million in company stock, to be paid out over four years from the personal holdings of one of the company's founders. This brings Leonard's total off-court compensation contract to $48 million.

According to the Boston Sports Journal, Aspiration, founded in 2013, is a carbon-neutral company dedicated to promoting environmentally friendly business practices. It attracted numerous celebrity supporters early on. Notably, former Clippers head coach Doc Rivers serves on Aspiration's advisory board. As time goes by, more news continues to emerge, but it's still in the early stages of disclosure. The final verdict on the incident will depend on the league's investigation, which could take a long time. Whether this will impact the Clippers' upcoming season remains to be seen.

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