12:14 PM ET
Portis agreed to a two-year, $7.5 million deal that includes a player option for the second year, agent Mark Bartelstein of Priority Sports told ESPN’s Adrian Wojnarowski. Augustin reached a three-year, $21 million deal with the Bucks, sources told ESPN.
Also, free agent guard Pat Connaughton is returning to the Bucks on a deal that is longer than originally anticipated. After agreeing to a 2-year, $8.3 million deal on Friday night, agents Jeff Schwartz and Jordan Gertler of Excel Sports Management told ESPN on Saturday that the deal was reshaped to be for three years, $16 million.
Portis became a free agent when the New York Knicks declined the $15.75 million team option for the 2020-21 season. He had signed with the Knicks as a free agent in June 2019 and averaged 10.1 points and 5.1 rebounds in 66 games in his lone season in New York.