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PHOENIX – The Phoenix Suns have agreed to a sign-and-trade deal with the Sacramento Kings for point guard Isaiah Thomas, two people with knowledge of the situation said Friday.

The sources, who sought anonymity because the deal has not been officially announced, say former Washington Husky Thomas is signing a four-year, $27 million contract. In exchange, the Kings get the draft rights to center Alex Oriakhi — who was a second-round draft pick of the Suns last year — plus a $7 million trade exception.

“I’m excited for what the future holds here in Phoenix,” Thomas said via Twitter.

One source who confirmed the deal said the Suns view Thomas as a “perfect third guard” to play with Phoenix’s double point-guard starting lineup of Goran Dragic and Eric Bledsoe.

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He is not envisioned as a replacement for either of them.

Thomas was a restricted free agent who was in Phoenix meeting with the Suns on Thursday and Friday.

The Kings were not expected to match any offer sheet for Thomas, 25, after agreeing to a three-year, $16 million deal with free-agent guard Darren Collison last week.

With Friday’s reported agreement, the Kings at least get something in return for Thomas.

Thomas, a fan favorite, averaged career highs of 20.3 points and 6.3 assists for Sacramento last season.

In a tweet, Thomas thanked Sacramento, saying the city “will always have a place in my heart.”

“To the fans of Sacramento, words can’t explain what y’all mean to me!,” he wrote. “Y’all made me who I am in the NBA and I can’t thank you guys enough.”


• Forward-center Chris Bosh is staying in Miami, agreeing to a five-year contract that will be worth about $118 million, according to multiple reports. There had been speculation Bosh would sign with the Houston Rockets.

• The Los Angeles Lakers acquired guard Jeremy Lin from Houston, which was looking to clear salary-cap space, and agreed to deals to bring back Nick Young and Jordan Hill.

According to the Los Angeles Times, Lin gets $14.9 million this season; Young has a four-year, $21.5 million deal and Hill has a two-year, $18 million contract.

• Cleveland is continuing talks with Minnesota about forward Kevin Love, but the sides are far apart, according to the Akron Beacon Journal. There has been speculation a third team might have to be involved in a trade if Cleveland is to get Love, who averaged 26.1 points and 12.5 rebounds last season.

• As the rest of the league engaged in a fast-paced, high-stakes game of musical chairs, forward Carmelo Anthony seemed content, as far as anyone could tell, to survey the scene and weigh his options. In other words, little had changed since he informed the New York Knicks last month he was opting out of his contract so he could explore free agency.

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