Pelicans sign Davis to max extension

Anthony Davis and the New Orleans Pelicans have agreed on a five-year extension worth more than $140 million. Davis tweeted: “NOLA, I am here to stay! Just getting started” shortly after free agency opened late Tuesday night, and a person with knowledge of the details confirmed the agreement to the AP on condition of anonymity because the deal cannot yet be signed. Davis, 22, is entering the final season of a four-year contract he signed after being drafted first overall out of Kentucky in 2012. He had until Oct. 31 to accept the offer or he could have become a restricted free agent next offseason. Davis averaged 24.4 points and 10.2 rebounds this season. The exact value of his extension can’t be determined until the salary cap has been set next week. – Associated Press