2012 NBA Free Agency logo2012 NBA Free Agency

NBA Free-Agent Signings 2012: Tracking Where Top Players Are Headed

Donald WoodFeatured ColumnistJuly 1, 2012

NBA Free-Agent Signings 2012: Tracking Where Top Players Are Headed

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    With the 2012 NBA free agency period kicking off at midnight July 1, the feeding frenzy over the biggest names in the sport is upon us.

    The madness has officially begun.

    Keep it here for all of the 2012 NBA free agent signings and where the top players in the league are heading next season!

    - NOTE - Un-signed players remain at the front of the list, while signed players are in the slideshow's second half.

    Check back for more on the National Basketball Association as it comes, and don’t miss Bleacher Report’s NBA page to get your fill of all things basketball.

Josh Howard

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    Update: Wednesday, August 8 -- Joel C. Cordes

    Josh Howard hasn't been an NBA-relevant name in a few years, but he was healthy and average enough last year with the Utah Jazz to prolong his career a bit further.

    Howard still has the prototypical swingman's body and game. While his shooting has never been a strong point, his ability to do a little bit of everything at both ends of the floor means he'll likely find a rotation spot on somebody's bench.

    There isn't a lot of money left, but Alex Kennedy of Hoopsworld notes that Howard's "also receiving interest from the Indiana Pacers, Golden State Warriors, New York Knicks and Brooklyn Nets among other teams."

    A team could do a lot worse with their veteran's minimum money and final roster spots than Josh Howard, a guy with plenty of starting experience and a hunger to reclaim past glories.

Kenyon Martin

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    One of the bigger names remaining on the open market is former first overall draft choice Kenyon Martin. Although aging, Martin has been a consistent face in the postseason as his veteran leadership and interior toughness positively influences every team he plays for.

    Unfortunately, the financial reward for such action may not been as great as Kenyon Martin would have hoped for. Just don't expect him to back down from what he's looking for.

    Jared Zwerling of ESPN New York has the report.

    Regarding Kenyon Martin, out of available PFs, he'd make most sense for NYK. Versatile, knows Melo/JR. But source says won't sign for min.

    — Jared Zwerling (@JaredZwerling) August 2, 2012

    With Kenyon Martin refusing to sign for the veteran's minimum, it'll be interesting to see what his future holds. He already has experienced a stint overseas and another trip could be in store.

Leandro Barbosa

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    Update: Thursday, August 2 -- Joel C. Cordes

    Still in the market for a cost-effective Kobe Bryant backup at the shooting guard spot, the Los Angeles Lakers are leaving no veteran stone unturned.

    While they've been previously linked to C.J. Miles and Jodie Meeks, ESPN's Marc Stein reports they also may be interested in combo-guard Leandro Barbosa who last played for the Indiana Pacers:

    Game of the day now: Brazil v Russia. Hearing out of Brazil camp that they believe Lakers have interest in free-agent Leandro Barbosa

    — Marc Stein (@ESPNSteinLine) August 2, 2012

    Barbosa is actually only 29 years old, but the one-dimensional nine-year vet has been on the decline for the past few seasons. Still, his ability to spot minutes at either guard spot, his outside shooting and end-to-end speed could be valuable commodities off a suddenly-resurgent Lakers bench.

    The big question remains: can L.A. snag him for the veteran's minimum?

    - Content for this update provided by Bleacher Report's L.A. Lakers offseason tracker.

Carlos Delfino

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    Update: Tuesday, July 31 -- Maxwell Ogden

    The Cleveland Cavaliers are in need of a swingman to hold down the small forward position. While one might suggest re-signing Alonzo Gee, the Cavs appear more inclined to work under the impression that they will either not re-sign him or need depth behind him.

    According to Terry Pluto of The Plain Dealer, general manager Chris Grant has a target in mind.

    After lighting up the Olympic games for Argentina, the buzz surrounding seven year NBA veteran Carlos Delfino continues to grow. The Cleveland Cavaliers are reportedly interested in joining the fray and looking to Delfino as they search for a sharpshooter on the perimeter.

    Fortunately, Delfino is just that and more. He's also an active defender, lethal slasher and exquisite ball handler when on his game.

    More details will be reported as they emerge.

    -- Report via B/R's Cleveland Cavaliers tracker

    --End of Update--


    On the heels of a magnificent performance against the United States in an exhibition game, Argentinian forward Carlos Delfino has begun to generate some buzz. Rightfully so, as Delfino has made a living behind the arc and always seems to make the smart play when it's needed.

    As for who is interested, Olé reports that the Chicago Bulls, Houston Rockets, Indiana Pacers and Phoenix Suns have emerged as potential suitors. Houston, however, is the only team who has made an offer thus far (via RotoWorld.com).

    Unfortunately for the Rockets, Delfino does not appear interested in a rebuilding process. More on this story as details emerge.

Alonzo Gee

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    Update: Thursday, July 26 -- Maxwell Ogden

    As reported below, Alonzo Gee and the Cleveland Cavaliers are "not close to a deal." If you ask Gee himself, however, that's more upsetting to him than one might assume.

    Mary Schmitt Boyer and Jodie Valade of The Plain Dealer report that Gee wants to remain a member of the Cleveland Cavaliers.

    FA Alonzo Gee tells @pdcavs insider he wanrs to stay with #Cavs."This is where I want to be."

    — M.S. Boyer/J. Valade (@PDcavsinsider) July 26, 2012

    More details on this story will be reported as they emerge.

    -- Report via B/R's Cleveland Cavaliers tracker

     

    Update: Wednesday, July 25 -- Joel C. Cordes

    Restricted free agent Alonzo Gee has been on the market for nearly a month now, but has yet to receive much outside interest.

    While he does have a qualifying offer from the Cleveland Cavaliers, it appears he's not interested in signing it. For now, it's a waiting game, but as Fox Sports' Sam Amico notes, the Cavs might be already weiging their other options:

    Cavs meeting with free agent SF C.J. Miles (Jazz) Weds & Thurs, source says. Not close to deal with Alonzo Gee, may consider other options.

    — Sam Amico (@SamAmicoFSO) July 25, 2012

    Gee was an intriguingly athletic rotation guy who seriously ate away at starter Omri Casspi's minutes last season. Still, it's unclear what his market value is when no one seems all that interested in him.

    However, Gee still has upside, whereas C.J. Miles turned out to be no more than a solid player long ago, so it's weird to see the Cavaliers turning to the older version.

    - Content for this update provided by Bleacher Report's Cleveland Cavaliers offseason tracker.

    - End of Update -

     

    The Cleveland Cavaliers' current roster has a serious void on the perimeter. With an underwhelming combination of Omri Casspi, Kelenna Azubuike and Luke Walton at the small forward position, it appears as if the Cavs are set for yet another disappointing year with holes in their roster.

    Fortunately for Cavs Nation, it appears as if Cleveland will avoid that situation.

    Per a report via ESPN.com, the Cleveland Cavaliers have extended a qualifying offer to Alonzo Gee. The offer is worth $2.7 million and makes Gee a restricted free agent. Expect the Cavs to match all offers as they bring back their highly productive 3.

Mickael Pietrus

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    Update: Thursday, July 25 -- Joel C. Cordes

    Maybe he's just getting tired of waiting around, or maybe he had different expectations as he sat around waiting for the Celtics to call. Either way, Mickael Pietrus sounds disappointed.

    After an entire offseason where both parties professed their continued interest in one another, Pietrus sounds miffed that the Celtics are offering just a veteran's minimum salary.

    Here's what his agent had to say, via WEEI.com:

    "...the French-speaking Guadeloupean has “a standing offer triple that overseas,” his agent said. They’ve also engaged in serious talks with several NBA teams, including one Monday, “and the money was much more than the veteran minimum.”


    Mickael Pietrus remains "open to a return" to the Celtics. (AP)
    “I’ve had the veteran minimum thrown at me like hubcaps,” added McCandless. “In this collective bargaining agreement, a component of any player’s wishes and desires is the money teams are willing to pay. They’re pro athletes. My mother might cry in her beer when Johnny Damon runs away to the Yankees, but you and I understand it’s a business.”

    There isn't a lot of big money left on the free agent market, but there aren't a lot of proven, veteran shooting guards remaining either. Pietrus may not have a ton of suitors, but someone will get desperate enough.

    Sounds like the green may lure Mickael Pietrus away from the Green next season.

    - Content for this update provided by Bleacher Report's Boston Celtics offseason tracker.

Andray Blatche

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    Fans of the Washington Wizards are finally able to breathe a sigh of relief as the Washington Wizards have made their second major cap clearing move of the offseason. This time around, they executed the amnesty provision on one of the most underachieving players in the NBA: Andray Blatche.

    As one might have expected, no teams expressed immediate interest in Blatche's services. He passed through waivers untouched.

    Not sure, from Manchester, if this is out: Just heard Andray Blatche has cleared waivers after amnesty by Wiz. Unrestricted free agent now

    — Marc Stein (@ESPNSteinLine) July 19, 2012

    Chances are, a team will give him a fresh start for a low cost. The talent remains there and if his head was ever put on the right way, he could be of value.

Darko Milicic

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    Darko Milicic will go down as one of the NBA's biggest draft busts of all-time. He'll also go down as one of the most overpaid players in the history of the game.

    A distinction that the Minnesota Timberwolves put an end to as they utilized their amnesty provision to rid themselves of the Milicic headache.

    Nevertheless, it appears as if the NBA has decided to overlook his negative history. Four teams, all of whom are title contenders, are reportedly interested in the Yugoslavian big man.

    Front runners for free agent center Darko Milicic are Miami, Clippers, Chicago and Brooklyn, source tells Y! Sports.

    — Marc J. Spears (@SpearsNBAYahoo) July 18, 2012

    While we've yet to hear who will go ahead and sign Milicic, the second overall draft choice of the 2003 NBA Draft is likely to return to the NBA in 20123

Jodie Meeks (L.A. Lakers)

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    BREAKING NEWS: Friday, August 10 -- Joel C. Cordes

    It happened a little sooner than anticipated, but the L.A. Lakers have followed up their blockbuster acquisition of Dwight Howard by signing free agent combo-guard Jodie Meeks.

    Meeks didn't make the money he wanted with this deal, but he does get a chance to showcase his skills on the league's biggest stage. He'll primarily back up Kobe Bryant, but don't be surprised if he spots occasional time behind Steve Nash at the point as well.

    As a defensive stopper with some NBA range, he'll be a welcome addition to this stacked Lakers roster.

    L.A. Lakers blogger Mark Medina broke the news this afternoon:

    Jodie Meeks agreed to 2-year deal worth about $3 million to play for the Lakers, The Times has learned

    — Mark Medina (@MarkGMedina) August 10, 2012

    - Content for this update provided by Bleacher Report's L.A. Lakers offseason tracker.

     

    Update: Friday, August 10 -- Joel C. Cordes

    NBA insider Steve Kyler reports that Dwight Howard's signing unlocks the final stages for the L.A. Lakers' offseason to remember.

    The Howard deal is paving the way for a few more transactions once the dust settles... Hearing that Lakers forward Devin Ebanks will sign his Qualifying Offer sheet and return to the Lakers... Hearing Lakers are likely going to land Jodie Meeks when the dust clears. 

    Meeks was earlier uninterested in signing for the veteran's minimum, but a lack of more lucrative opportunities, along with the chance to boost his value playing for a title contender, might make a one-year deal much more attractive.

    Ebanks will be buried on the depth chart if he does indeed return, but he's still a nice developmental prospect for a Lakers team that's suddenly loaded to the gills with weapons.

    - Content for this update provided by Bleacher Report's L.A. Lakers offseason tracker.

     

    Update: Monday, July 30 -- Maxwell Ogden

    One of the hottest remaining commodities on the open market is sharpshooting swingman Jodie Meeks. Still riding on the coattails of a 54 point outburst in 2009 while playing for the Kentucky Wildcats, Meeks has commanded attention from quite a few teams.

    As for who is at the head of the pursuit, Alex Kennedy of HoopsWorld.com has the news.

    “I’ve gotten interest from the Lakers, Bucks and Wizards,” [Jodie] Meeks told HOOPSWORLD. “There are five or six teams, but those three are at the forefront right now because I’ve been talking to them the most. I really like those teams and I like what they bring to the table. I’m looking forward to signing, whenever that may be.”

    More will be reported on this story as details emerge.


    Update: Friday, July 27 -- Joel C. Cordes

    It's unclear just when the Philadelphia 76ers soured on Jodie Meeks, but they've been happy to let the combo-guard walk during free agency this offseason.

    The Los Angeles Lakers have been expressing modest interest throughout this time period as they still look to fortify their new bench around Antawn Jamison and Jordan Hill.

    Hoopsworld's Alex Kennedy updates that the conversations continue:

    The Los Angeles Lakers continue to express interest in Jodie Meeks, according to source. No deal is imminent, but the two sides are talking.

    — Alex Kennedy (@AlexKennedyNBA) July 27, 2012

    Meeks won't get more than the veteran's minimum salary with L.A., so he's undoubtedly still waiting to see if a larger offer comes down the pipeline. There aren't many guards left to choose from, so it's still possible he finds some mini mid-level or biannual exception money from somebody out there.

    Meeks is big enough to be pesky on defense and he has decent range, though his ceiling and optimal role are both still unknown. He'd be a nice fit for the Lakers, as he provides the guard size and versatility lost when Ramon Sessions departed.

C.J. Miles (Cleveland Cavaliers)

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    The Cleveland Cavaliers' search for a starting small forward may have come to a close. With one swift action, the Cavs have signed a defensive force with great length in C.J. Miles.

    The former Utah Jazz swingman tweeted his intentions. Kurt Helin of NBC Sports later confirmed the report, while Brian T. Smith of The Salt Lake Tribune offered his own news.

    Unrestricted free agent small forward C.J. Miles has agreed to terms with the Cleveland Cavaliers, a league source told The Salt Lake Tribune on Friday.

    Miles is expected to sign a two-year deal with Cleveland and compete for a starting spot during the 2012-13 season.

    At this point, there is no rational option in the Cavaliers' starting lineup to start over C.J. Miles. More news on his role in the rotation will be reported as it emerges.

    -- Report via B/R's Cleveland Cavaliers tracker

Jerryd Bayless (Memphis Grizzlies)

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    One of the more underreported names on the open market was Jerryd Bayless, who four years of NBA experience despite coming in at just 23 years old. Apparently the Memphis Grizzlies have taken note of that, as they've signed Bayless to a multi-year contract.

    As for what his role will be, Grizzlies GM and Vice President of Basketball Operations Chris Wallace has made that perfectly clear.

    "We are pleased to add Jerryd Bayless to our team,” Wallace said. “He is a rapidly-improving young player who is coming off his best season in the NBA. Jerryd will address two areas of need: three-point shooting and backup point guard play. He is a very hard-working player whose best days as a professional are ahead of him."

    An excellent signing for Memphis, who lacked a true secondary ball handler in 2012. Mike Conley Jr.'s job just got easier and the Grizzlies' perimeter just grew stronger.

Brandon Roy (Minnesota Timberwolves)

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    Update: Tuesday, July 31 -- Maxwell Ogden

    It's been nearly a month since news broke of Brandon Roy's verbal agreement with the Minnesota Timberwolves. According to the franchise's PR Twitter account, this agreement has been set in stone as Brandon Roy has signed the dotted line.

    For this in need of visual proof, follow this tweet.

    -- Report via B/R's Minnesota Timberwolves tracker


    In a move that is certain to stir some controversy in the Northwest Division, former Portland star Brandon Roy has come to a verbal agreement with the Minnesota Timberwolves. The deal is said to be a two-year deal worth $10.4 million.

    This is an especially intriguing signing considering Kevin Love's recent comments about his frustration with consistent losing seasons. Roy offers star power, if nothing else, which does count for something on the court. Expect opposing defenses to pay mind to Roy in a much more serious way than they had to Wesley Johnson in 2012.

    This is a great signing with the sky as the limit.

    -- Report via B/R's Minnesota Timberwolves tracker

Carl Landry (Golden State Warriors)

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    Update: Monday, July 30 -- Maxwell Ogden

    Carl Landry has been one of the hottest names on the open market this offseason. As of July 30th, 2012, his flame has been put out and he has agreed to sign his name to a dotted line.

    As for who the lucky team is that acquired Landry's services, David Aldridge of NBA.com reports that a team on the West Coast will sign him to a deal.

    Agent Mark Bartlestein says forward Carl Landry has agreed to sign with the Golden State Warriors.

    — David Aldridge (@daldridgetnt) July 30, 2012

    Adrian Wojnarowski of Yahoo! Sports followed this report with news on what the deal will look like. The contract will be worth $8 million over two years.

    -- Report via B/R's Golden State Warriors tracker

     

    Update: Thursday, July 26 -- Maxwell Ogden

    The Charlotte Bobcats have been in hot pursuit of power forward Carl Landry for quite some time. As nearly a full month passes since their 2012 pursuit began, the chase is heating up.

    According to Rick Bonnell of The Charlotte Observer, the Bobcats remain interested in landing the stretch 4. As for how they could potentially bag Landry, a four-team trade is on the table.

    #Bobcats still exploring ways to get Carl Landry. Some chance they could end up as a 4th team in that NO-Phoenix-Minnesota trade talk.

    — Rick Bonnell (@rick_bonnell) July 26, 2012

    The signing would instantly improve a weak Charlotte Bobcats frontcourt. They currently have no big men who can score the ball on a consistent basis and the presence of Landry would change that. It would also offer youngster Bismack Biyombo a mentor..

    More details will be reported as they emerge.


    Update: Wednesday, July 25 -- Joel C. Cordes

    Though he's been connected with Charlotte Bobcats trade rumors, it sounds as if Carl Landry's agent, Mark Bartelstein, is pushing hard for any and all options.

    Warriors' insider Rusty Simmons quotes Bartelstein on Sulia:

    There are a lot of teams pursuing (Landry), because he’s probably the premier unrestricted free agent on the market. He just has to weigh his different options.” 

    Landry is a talented front-court scorer, but he seems to have been the odd man out in nearly every starting lineup and free agency period he's participated in.

    2012 has been no different, and Landry is left with a tough choice: start with the lowly Charlotte Bobcats as the only such opportunity remaining or accept a bench role elsewhere?

     

    Update 2: Monday, July 23 — Ethan Norof

    Although the Charlotte Bobcats had been attempting to acquire Carl Landry via a sign-and-trade with the New Orleans Hornets, it doesn't appear that scenario is a likely one.

     

    It's unlikely #Bobcats will pull off a sign-and-trade for Carl Landry.

    — Rick Bonnell (@rick_bonnell) July 23, 2012

     

    Update: Monday, July 23 — Ethan Norof

    According to Warriors beat writer Marcus Thompson (on Sulia), Landry is expected to make his decision in the very near future. Per Thompson, He'd like to play for the Warriors, but money could be an issue.

    Carl Landry is expected to decide where he's signing in the next couple of days, according to a league source. Landry would like to play for the Warriors. He thinks it's one of the better situations for him. But being one of the best free agents available may end up getting him a contract offer too rich for the Warriors' blood.

    -End of update- 

    -Content for this update was provided by B/R's Golden State Warriors Offseason Tracker.

    Update: Friday, July 20 -- Maxwell Ogden

    Carl Landry has long been one of the better scoring bigs in the NBA. With a surplus of teams in need of a player of his stature, it's not hard to imagine why potential suitors have emerged.

    According to Alex Kennedy of HoopsWorld.com, one of Lowry's possible destinations is a team who has surprised many with their offseason activity. 

    The Charlotte Bobcats are pursuing Carl Landry. They've discussed a sign-and-trade with the New Orleans Hornets: bit.ly/OvwdcO

    — Alex Kennedy (@AlexKennedyNBA) July 20, 2012

    The Bobcats are not alone, as Marcus Thompson of the Bay Area News Group reports that there is interest from the Golden State Warriors. Regardless of where he ends up, it appears as if Carl Landry will play a key role in a prospective turnaround season.


    Update: Friday, July 20 — Ethan Norof

    Landry hasn't been able to find a home to date, but he shouldn't have to wait much longer to ink a new contract. The Minnesota Timberwolves are "considering" the addition of Landry, as well as a handful of others, according to Ray Richardson of the St. Paul Pioneer Press.

    Other free agents the Wolves are considering include forwards Ronny Turiaf of Miami, Dominic McGuire of Golden State and Carl Landry of New Orleans and shooting guard Ronnie Brewer, released by Chicago.

     

    Update: Saturday, July 14 -- Joel C. Cordes

    According to the Times-Picayune, the New Orleans Hornets are going to let free agent forward Carl Landry walk to another team.

    With Anthony Davis, Ryan Anderson and Jason Smith already on board as natural power forwards, the Hornets will presumably use their remaining free agent money to land a true center for their front line.

    Landry has apparently drawn interest from the Golden State Warriors, Philadelphia 76ers and Chicago Bulls so far. He's a talented, albeit undersized scorer with some range, but his rebounding and defensive production have never been as equally consistent.

    - End of Update - 

    According to Marcus Thompson of the Bay Area News Group, the Golden State Warriors are interested in acquiring power forward Carl Landry. The addition would potentially give the Warriors their second top tier scorer at the 4.

    The Warriors are going after free agent PF Carl Landry. Talks are progressing, a source says, but it's going to ... sulia.com/c/golden-state…

    — Marcus Thompson (@gswscribe) July 13, 2012

    As Thompson proceeds to explain, the financial bind the Warriors are in put them in a position in which they may not be able to afford Landry. A sign-and-trade with New Orleans, however, remains a possibility.

Brandon Rush (Golden State Warriors)

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    Update: Tuesday, July 31 -- Maxwell Ogden

    Bleacher Report relayed an earlier report that Brandon Rush was indeed returning to the Golden State Warriors. Just hours later, it was revealed that Rush had signed a two year deal worth $8 million just one year after shooting 45.2 percent from distance.

    ESPN.com has the report via The Associated Press.

    Rush agreed to an $8 million, two-year deal Tuesday to stay with the Golden State Warriors after becoming the team's most reliable reserve last season. Rush's agent, Mark Bartelstein, said the second year of the contract is a player option. The deal is pending a physical that Rush will take in the next few days.

    With Rush under contract, the Golden State Warriors now have a perimeter that includes Stephen Curry, Klay Thompson, Brandon Rush, Harrison Barnes and Richard Jefferson. Throw in Jarrett Jack and versatile rookie Draymond Green and the Warriors could compete sooner than we had expected.

    -- Report via B/R's Golden State Warriors tracker

     

    Update: Tuesday, July 31 -- Joel C. Cordes

    It's been long expected that Brandon Rush would return to the Golden State Warriors. They've scared off suitors by promising to match any offers for their restricted free agent. Rush has also failed to attract such an offer on the open market anyways.

    Warriors coach Mark Jackson makes the re-signing seem even more imminent by Tweeting:

    Congrats to @kcsfinest4! It’s Great to have u back!

    — Mark Jackson (@JacksonMark13) July 31, 2012

    From the sounds of it, the paperwork details should be coming out shortly...

     

    Update: Monday, July 30 -- Maxwell Ogden

    According to Matt Steinmetz of CSNBayArea.com, the Golden State Warriors are on the verge of re-signing sharpshooting defensive expert Brandon Rush. This comes as a result of an uneventful offseason for Rush, whose value was marred by the Warriors' dedication to re-signing him.

    As a restricted free agent, Rush had the right to sign an offer sheet from another team and then wait for the Warriors to match the offer or not. But Rush had failed to get a qualifying offer, and so he will simply come to terms on a contract with Golden State.

    Brandon Rush is coming off of a season in which he shot 45.2 percent from distance. He also averaged a career best 9.8 points per game and played the role of lead perimeter defender for the up-and-down Warriors.

    He'll reprise that role in 2013.


    Update: Wednesday, July 25 -- Joel C. Cordes

    Brandon Rush wants to return to the Golden State Warriors, but he also wants a long-term deal (just like everyone else in the NBA). However, given that there haven't been many outside offers, Rush's agent Mark Bartelstein doesn't have a lot of leverage except to play nice. 

    Warriors insider Rusty Simmons has quoted Bartelstein as saying:

    (Rush) "had a great year, he loved playing for the Warriors, the fans treated him great, and Coach (Mark) Jackson treated him great. Everything was real positive.

    The nature of the business for restricted free agents is that they have to get an offer sheet from somebody else. ... With that being said, if we can work something out long term with the Warriors, we’d be interested in that also.”

    The Warriors have likely scared off suitors by promising to match any offer. Brandon of course would like them to get around to sending HIM an offer one of these days...

    - Content for this update provided by Bleacher Report's Golden State Warriors offseason tracker.

    - End of Update -


    With the 2012 class of free agents has been gutted of all big names on the market. What remains, however, are more than a handful of valuable role players whose upside is tremendous and skills well-honed.

    Swingman Brandon Rush headlines that class, as his lockdown defense and lights out three-point shooting would be of value to any team. If Rush had it his way, however, he wouldn't be going anywhere new.

    Eric Pincus of HoopsWorld.com has the story.

    “It’s been going pretty well, just talking with some teams and trying to figure out where I’ll be next year,” said Rush.  “Hopefully I’ll be back in Golden State.”

    This should be music to the Golden State Warriors' ears. Rush shot 45.2 percent from distance in 2012 and would remain the best perimeter defender on the roster.

    Finding playing time alongside Harrison Barnes, Draymond Green and Klay Thompson could be tough. The deal, however, would be worth Golden State's while.

    -- Report via B/R's Golden State Warriors Tracker

Nate Robinson (Chicago Bulls)

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    For those who remain uncomfortable with the Chicago Bulls' current situation at the point guard position, fear not. Help could be on the way from a three-time Slam Dunk champion.

    That's right, little Nate Robinson could be running the point for the Chicago Bulls. He's coming off of a season in which he averaged 11.2 points, 1.2 steals and a career high 4.5 assists in just 23.4 minutes per game.

    Sam Amick of SportsIllustrated.com has the report on his official Sulia account.

    ...the agent for Nate Robinson, Aaron Goodwin, says the veteran point guard will sign with Chicago today "barring unforeseen problems."

    Nate Robinson would add to a point guard position that already consists of Kirk Hinrich and rookie Marquis Teague. Then, of course, there is the injured 2011 MVP Derrick Rose.

    More on this story as details emerge.

    -- Report via B/R's Chicago Bulls tracker

Andrei Kirilenko (Minnesota Timberwolves)

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    Update: Friday, July 27 -- Joel C. Cordes

    Having just executed a cap-clearing three-way trade with the Phoenix Suns and New Orleans Hornets, the Minnesota Timberwolves did the expected by signing Andrei Kirilenko.

    According to NBA.com, the contract is a two-year, $20 million deal.

    Kirilenko's name has been heavily tied to the Wolves for the past week after he made it known that he didn't want a veteran's minimum salary from the Brooklyn Nets or any other cap-strapped teams.

    The Wolves have been chasing hard after AK-47, and he sounds pretty excited to play there according to Sport-Express (via Rush'n Hoops).

    The Wolves now can potentially trot out a starting lineup of Ricky Rubio, Brandon Roy, Kirilenko, Kevin Love and Nikola Pekovic, while bringing Derrick Williams, JJ Barea, Luke Ridnour, Chase Budinger and Greg Stiemsma off the bench.

    This is a clear playoff team (on paper) now.

     

    Update: Wednesday, July 25 -- Maxwell Ogden

    It was reported yesterday that the Brooklyn Nets would no longer be in the runnings for Andrei Kirilenko. It was also relayed that the Minnesota Timberwolves had emerged as a favorite to land the Russian small forward.

    One day later, it appears as if those reports have discovered validity. Adrian Wojnarowski of Yahoo! Sports has the story. 

    Minnesota is finalizing a two-year, $20 million contract with free agent forward Andrei Kirilenko, league sources tell Y! Sports.

    — Adrian Wojnarowski (@WojYahooNBA) July 25, 2012

    This would offer a major upgrade for the Minnesota Timberwolves at a position marred by inconsistency. Andrei Kirilenko would immediately become the team's lead perimeter defender and would be a great mentor for Derrick Williams.

    As for how the deal will be constructed, Wojnarowski's latest tweet updates that information.

    Kirilenko's deal with the Wolves is expected to include a player option for the 2013-'14 season, sources said.

    — Adrian Wojnarowski (@WojYahooNBA) July 25, 2012

    This can only be described as a great signing for a franchise looking to make their first postseason appearance of the post-Garnett era.

    -- Report via B/R's Minnesota Timberwolves Tracker

     

    Update: Tuesday, July 24 -- Maxwell Ogden

    The Brooklyn Nets have had quite the offseason. They've re-signed Deron Williams, traded for Joe Johnson and brought back a handful of key pieces.To top it off, the Nets are looking to land one of Williams' former teammates.

    Small forward Andrei Kirilenko.

    Unfortunately, Brooklyn is no longer on Kirilenko's short list. Instead, a former non-contender with more flexible cap room has entered the discussions.

    Adrian Wojnarowski of Yahoo! Sports has the news.

    Several league executives believe Minnesota is pursuing free agent Andrei Kirilenko. He's no longer considering Brooklyn, sources say.

    — Adrian Wojnarowski (@WojYahooNBA) July 25, 2012

    This is bad news for Brooklynites and great news for fans of the Pride of the Twin Cities. Minnesota has long needed a reliable option at the 3 and Andrei Kirlenko would certainly provide that.

    His defensive ability and explosiveness in transition could improve the T-Wolves attack in a major way.

    -- Report via B/R's Brooklyn Nets Tracker

     

    Update: Tuesday, July 24 -- Joel C. Cordes

    It's not surprising that Andrei Kirilenko is still mulling his return to the NBA. That rumor has been floating around for nearly a month now.

    The more surprising part is that the presumed destination might be different. As well-regarded NBA scout Wendell Maxey mentions, AK-47 seems closer than ever in his return to the States:

    narrows it down to 30. RT @selloutxboy: Anrei Kirilenko will join NBA club, CSKA president Andrey Vatutin told Russian paper Sport-Express.

    — wendell maxey (@w_maxey) July 24, 2012

    However, it's long been assumed that Kirilenko would join the Russian-owned Brooklyn Nets. Stefan Bondy of the New York Daily News refutes this idea, saying that AK-47 wants more than the veteran's minimum salary, which is all the Nets can currently offer:

    Andrei Kirilenko is not interested in signing with the Nets for vets minimum, according to a source

    — Stefan Bondy (@NYDNInterNets) July 24, 2012

    Kirilenko will have plenty of teams interested in his services, but not many who will have their mid-level exception money left to pay. Isn't that why he went back overseas in the first place?

    Content for this update provided by Bleacher Report's Utah Jazz offseason tracker.

Delonte West (Dallas Mavericks)

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    Update: Thursday, July 26 -- Maxwell Ogden

    It was previously reported that Delonte West had committed to a return to the Dallas Mavericks. This came as music to the Mavericks' ears as they lack even the slightest form of stability at the point.

    Just days later, the deal has been made official. Earl K. Sneed of Mavs.com has the report.

    The Mavs have officially re-signed guard Delonte West.

    — Earl K. Sneed (@EKS_MavsNBA) July 26, 2012

    West will collaborate with Darren Collison and Rodrigue Beaubois to hold down the point. While that's far from encouraging for the Mavericks, Delonte West's crafty ball handling abilities certainly help the team in a major way.

    -- Report via B/R's Dallas Mavericks tracker

     

    Update: Tuesday, July 24 -- Maxwell Ogden

    The Dallas Mavericks are in dire need of a ball handler. To cure those woes, bringing back their southpaw with elite slashing abilities, Delonte West, could be the best possible move.

    According to Marc Stein of ESPN.com, that's exactly what the Dallas Mavericks plan on doing.

    Just leaving Palau Sant Jordi and just got word Delonte West has just committed to return to Mavs next season. More details as we get 'em

    — Marc Stein (@ESPNSteinLine) July 24, 2012

    As more details emerge, they will be reported. Until then, it's safe to assume that the Mavericks will in fact re-sign West. He may just be the best ball handler they have.

    - Content provided by Bleacher Report's Dallas Mavericks offseason tracker


    Update: Tuesday, July 24 -- Joel C. Cordes

    Delonte West still hasn't gotten much play on the NBA free-agent guard rumor mill, but he appears to be weighing his options as the list of potential names dwindles around him.

    The Dallas Mavericks have also been waiting for Delonte. While they've retooled the entire roster, they could still have room for a versatile and defensive combo guard like West. Unfortunately for him, it's unlikely that he'll find starter's minutes as he did last year for both guard spots.

    The Dallas Star-Telegram reports that both sides continue to talk, but both understand that West will continue looking for a better financial and playing-time offer before he returns to the Mavs.

     

    Update: Wednesday, July 18 -- Joel C. Cordes

    The Dallas Morning News reports that the Mavericks are still interested in bringing Delonte West back, though they do note he has "other options on the table" too.

    No strong rumors have developed yet around West, so it's interesting to hear that he may have other suitors. With most of the big names already off the board, West may attract some attention from guard-desperate teams.

    However, his personal baggage and limited upside have kept things quiet so far. It's unknown what role he would play for a Mavs team that no has Darren Collison and Roddy Beaubois at the point with Vince Carter and Dahtnay Jones at the two-spot.

    - End of Update - 

    According to a report via Jeff Caplan of ESPNDallas.com, the Dallas Mavericks are in hot pursuit of a point guard. One of the possibilities is a player who spent the 2012 season with the Mavs.

    Combo guard Delonte West averaged an efficient 9.6 points, 3.2 assists, 2.6 rebounds and 1.3 steals per game in just 24.1 minutes per game. In 2013, however, he's looking for more a team to trust him with more than just a one-year stint.

    West, who played in Dirk Nowitzki's charity baseball game Saturday and held a basketball camp in Fort Worth on Tuesday despite not being under contract, said he does not know what other teams might have interest in signing him. West said he is seeking a multiyear deal after playing on one-year, minimum contracts the last two seasons. 

    "Looking for a team to pay me what I'm worth, not a cent more," West said.

    A modest request from the from St. Joseph's star. A request that the Dallas Mavericks must comply with, as they remain thin in a free agency depleted backcourt.

Omer Asik (Houston Rockets)

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    Update: Thursday, July 26 -- Maxwell Ogden

    Earlier this week, Bleacher Report relayed news that the Chicago Bulls would not re-sign center Omer Asik. Just days later, the Turkish big man has officially become a member of the Houston Rockets.

    Rockets general manager Daryl Morey tells NBA.com exactly what type of presence he expects Asik to offer.

    “We are excited to add Omer to our roster,” said [Rockets GM Daryl] Morey. “Omer has proven to be a defensive force at every stop in his career – in the Turkish league, in FIBA’s World Championships and EuroBasket competitions, and of course for the past two years for the Chicago Bulls. We are excited to add his rim protection, his rebounding, and the defensive mentality Omer brings to each play.”

    The Asik in Chicago era has officially come to a close. The Asik and Linsanity era, however, has just begun.


    Update: Tuesday, July 24 -- Joel C. Cordes

    As anticipated by the Chicago Tribune, the Chicago Bulls have announced that they will not match the Houston Rockets' offer sheet for center Omer Asik.

    Bull.com featured the official announcement, acknowledging that the Bulls would have liked to retain Asik's defensive capabilities, but not at the exorbitant three-year, $25 million deal.

    There aren't a lot of attractive bigs out there anymore. The Bulls will have to scramble with their cash to find a replacement who can anchor the defense and potentially spot major minutes for an injury-prone Joakim Noah.

    For the Rockets, they land their second major target of the offseason. While they certainly would have rather had Dwight Howard, Asik will be penciled in as the immediate starter. They've overpaid to get Asik and Jeremy Lin, two players with huge upside and question marks.

    Their young roster has a lot of moving parts, but they've done a decent job of blowing things up, rebuilding on the fly and staying in dogged pursuit of Howard.

    - Content for this update provided by Bleacher Report's Houston Rockets offseason tracker.

     

    Update 2: Monday, July 23 — Ethan Norof

    It appears all that is left in the Omer Asik saga is for the Bulls to officially decline the offer sheet from the Houston Rockets.

    K.C. Johnson of the Chicago Tribune has the latest on Asik's future.

    The Bulls will decline Omer Asik's three-year, $25.1 million offer sheet from the Houston Rockets because they will be hard capped at $74.3 million while paying the luxury tax for the first time in history.

    By using a portion of the $5 million midlevel exception for Hinrich and earmarking the biannual exception of $1.9 million to sign Marco Bellinelli, it's impossible for the Bulls to match even Asik's $5 million starting salary and stay below $74.3 million.

    -End of update-

    -Content for this report was provided by B/R's Chicago Bulls Offseason Tracker.

    Update: Monday, July 23 — Ethan Norof

    The Bulls "appear ready to pass" on the offer sheet for Omer Asik, meaning that the big man will likely be wearing a Rockets uniform for the 2012-13 campaign.

     

    More midnight madness coming for Rockets. Deadline for Bulls to match Asik offer sheet is 11:59 Eastern on Tue. Bulls appear ready to pass.

    — Jonathan Feigen (@Jonathan_Feigen) July 22, 2012

    -Content for this update provided by B/R's Chicago Bulls Offseason Tracker.

    -End of update-

    Update: Sunday, July 22 -- Maxwell Ogden

    On July 20, Bleacher Report covered the story of Omer Asik signing the Houston Rockets' offer sheet. Today, we've discovered that the offer sheet has been received by the Chicago Bulls.

    K.C. Johnson of the Chicago Tribune has the news and what it means.

    Rockets have successfully received 10:59 PM TUES deadline for Asik decision. Doesn't sound like much of one anymore for Bulls.

    — K.C Johnson (@KCJHoop) July 22, 2012

    Per Johnson's report, the Chicago Bulls don't seem to be in favor of re-signing Asik. While he's clearly a valuable asset, "overpriced" doesn't even begin to do this deal justice.

    -- Report via B/R's Houston Rockets Tracker


    Update: Friday, July 20 -- Maxwell Ogden

    The Houston Rockets have expressed serious interest in restricted free agent center Omer Asik. They've offered him a hefty contract and all but promised him a serious role in their future plans as a result of this decision.

    As of July 20, they've officially guaranteed themselves a role in his destination. K.C. Johnson of the Chicago Tribune has the news.

    After meeting with Rockets officials in Las Vegas, including dinner with coach Kevin McHale, Omer Asik returned to Chicago and signed his three-year, $25.1 million offer sheet Friday.

    The Chicago Bulls will have until 10:59 p.m. on the third day after they received the offer sheet to match or decline the contract. More details will be reported as they emerge.

    -- Report via B/R's Houston Rockets Tracker

     

    Update: Wednesday, July 18 -- Maxwell Ogden

    Per a report via Jonathan Feigen of the Houston Chronicle, the Rockets have waived two players from their roster. The unlucky duo are Jon Leur and Jerome Jordan.

    Once the players clear waivers, Feigen reports that the Rockets will officially sign their top remaining target to an offer sheet. Much to the Bulls dismay.

    The Rockets have waived Jon Leuer and Jerome Jordan. When they clear waivers, Rockets will sign Omer Asik to offer sheet.

    — Jonathan Feigen (@Jonathan_Feigen) July 18, 2012

    The Bulls will then have three days to match the offer. More on this story as news comes forth.

     

    Update: Tuesday, July 10 -- Joel C. Cordes

    The Chicago Bulls have yet to make their intentions known when it comes to Omer Asik and the huge offer he received from the Houston Rockets.

    CSN Chicago's Aggrey Sam characterizes them as "wavering" however, with coach Tom Thibodeau and various teammates lauding his value to the team, while management hedges at the huge dollar signs and luxury tax implications.

    Asik will officially receive his offer on the 11th, and the Bulls will have seven days to match or let him walk. Should they amnesty Carlos Boozer, they may have more comfortable money to throw Asik's way.

    - End of Update -

    The Houston Rockets have put their money where their mouth is. The team has agreed to a 3-year, $25.1 million contract with Omer Asik, according to Yahoo!'s Adrian Wojnarowski.

    The Bulls still have 3 days to match the offer, according to K.C. Johnson of the Chicago Tribune. It's hard to imagine the Bulls matching such a generous offer though.

    This is a huge move by the Rockets and a big risk. While the seven-footer is a valuable commodity, this is a huge investment by Houston. For a guy who averaged 14.7 MPG and only started two, Asik really cashed in.

Alexey Shved (Minnesota Timberwolves)

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    Update: Tuesday, July 24 -- Joel C. Cordes

    Having struck out on O.J. Mayo, Nic Batum, Courtney Lee and seemingly every wing player they swung at, the Minnesota Timberwolves finally got a big body for the their backcourt.

    Alexey Shved and the Wolves had been in talks throughout the offseason, so it's not a huge surprise that he signed, even as he did have a few other suitors according to the St. Paul Pioneer Press.

    The 23-year old Shved is the perfect find, especially at a slim $10 million for three years.

    Most importantly, he's capable of manning either guard spot. While his overseas numbers appear efficient enough, but it's his play-making abilities that are key, according to The Painted Area's scouting report.

    Shved will likely start the season deep on the depth chart behind Ricky Rubio, Luke Ridnour and J.J. Barea at the point and Brandon Roy, Ridnour and Chase Budinger at the two-guard. However, he may gain minutes quickly if his passing ability and size pairs especially well with Rubio.

    With Rick Adelman's free-flowing offense and track record for getting young players quickly up to speed, this could end up being a nice consolation prize for the Wolves.

    - Content for this update provided by Bleacher Report's Minnesota Timberwolves offseason tracker.

Randy Foye (Utah Jazz)

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    Update: Tuesday, July 24 -- Joel C. Cordes

    Having already re-acquired Mo Williams via the Lamar Odom sign-and-trade, the Jazz have added another Los Angeles Clippers teammate by signing Randy Foye. In both cases, Utah got a player for a very reasonable price:

    To get an idea of the market remaining forSGs-- i.e. Ronnie Brewer, etc. -- Randy Foye just agreed to a 1-year, $2.5M deal w/ Utah

    — Jerry Zgoda(@JerryZgoda) July 24, 2012

    As a combo guard with reasonable range and basket-attacking ability, Foye's best suited to being a sixth man and spot-starter. He'll likely be the primary backup to Williams and Gordan Hayward.

    - End of Update -

    The Utah Jazz arguably had the league's weakest backcourt last year, but they've taken some thrifty steps to improve this offseason. After this eventful offseason, it appears as if their luck may have finally taken a turn for the better.

    Much at the expense of the Los Angeles Clippers.

    After trading for Mo Williams earlier this month, it appeared as if the Utah Jazz were ready to bolster their perimeter. Their latest move proves that they are indeed set on forming a formidable perimeter attack as they've landed one fo Williams' teammates from Los Angeles.

    Rich Bucher of ESPN.com has the news.

    I'm on vacation but you know I can't pass a chance to serve and honor Jazz fans: Randy Foye signs 1 yr deal. Solid pick-up.

    — Ric Bucher (@RicBucher) July 24, 2012

    This deal should certainly improve the Jazz's offensive attack from the perimeter. It should also provide Alec Burks with the veteran leadership he was not granted in 2012.

    -- Report via B/R's Utah Jazz Tracker

Marco Belinelli (Chicago Bulls)

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    Update 4: Monday, July 23 -- Maxwell Ogden

    The Chicago Bulls have long needed a more reliable option at the 2. According to a report via NBA.com, the Chicago Bulls have made their signing of sharpshooter Marco Belinelli official. 

    The Chicago Bulls announced today the team has signed free agent guard Marco Belinelli (mark-o bell-ee-nell-ee). In accordance with team policy, terms of the contract were not announced.

    As reported below, Marco Belinelli will be signed using the Chicago Bulls' biannual exception.

    -- Report via B/R's Chicago Bulls Tracker

     

    Update 3: Monday, July 23 — Ethan Norof

    After the Kirk Hinrich signing was announced by the team, we're beginning to get a clearer vision of how Chicago's roster is shaping up.

    La Gazzetta dello Sport (via theChicago Tribune) has the details on Belinelli's new deal.

    By using a portion of the $5 million midlevel exception for Hinrich and earmarking the biannual exception of $1.9 million to sign Marco Bellinelli, it's impossible for the Bulls to match even Asik's $5 million starting salary and stay below $74.3 million.

    -Content for this report was provided by B/R's Chicago Bulls Offseason Tracker.

    -End of update-

     

    Update 2: Monday, July 23 — Ethan Norof

    Marco Belinelli will be wearing a Bulls uniform next season.

     

    Source confirms Marco Bellinelli's deal with the Bulls is done. Also: Bulls attempting to sign summer-leaguer Malcolm Thomas to 1-year deal.

    — Aggrey Sam (@CSNBullsInsider) July 23, 2012

    Belinelli should see minutes alongside Richard Hamilton at shooting guard for the team during the 2012-13 season.

    -Content in this report was provided by B/R's Chicago Bulls Offseason Tracker.

    Update: Monday, July 23 — Ethan Norof

    The Bulls are close to a new contract with unrestricted free agent Marco Belinelli, according to K.C. Johnson of the Chicago Tribune.

    Belinelli and the Bulls have been flirting with one another for some while, and his addition makes plenty of sense given the lack of depth behind veteran Rip Hamilton, who missed a lot of time last season due to different injuries.

    -Content for this report provided by B/R's Chicago Bulls Offseason Tracker.

    -End of update-

    Update: Friday, July 20 -- Maxwell Ogden

    Due to where he's spent his career, many are unaware of how talented Marco Belinelli truly is. Gar Forman and the Chicago Bulls, however, seem to be well-aware of his abilities.

    According to Alex Kenndey of HoopsWorld.com, Belinelli and the Bulls could seal the deal on their mutual appreciation.

    It sounds like Marco Belinelli and the Chicago Bulls are in advanced talks. Nothing imminent, but he may sign for the bi-annual exception.

    — Alex Kennedy (@AlexKennedyNBA) July 20, 2012

    While Belinelli is generally known as a sharpshooter, his game ranges beyond a smooth J. He's sound in transition and a better team defender than given credit for. Should Chicago sign him, he could also be a starter.

    -- Report via Chicago Bulls' Tracker

    --End of Update--


    Per a report via Eric Pincus of HoopsWorld.com, one of the hottest names on the current market is Marco Belinelli. The Italian sharpshooter was previously involved in talks with the Los Angeles Clippers, but appears to have had a falling out with the franchise.

    Nearly a handful of new teams have emerged as potential suitors.

    Both the Los Angeles Clippers and Marco Belinelli were interested in a deal but the Clippers had just their Bi-Annual Exception to offer.  The Clippers, with the lobbying of Chris Paul, made overtures to the New Orleans Hornets but the Hornets refused to take on Ryan Gomes via sign and trade.

    Now that the Clippers have gone with Grant Hill, Marco is looking at other teams.  The Chicago Bulls, Orlando Magic, Golden State Warriors and New York Knicks have interest.

    Every team listed would benefit from the presence of a sharpshooter on the perimeter. More on this story as news comes in. 

Jason Collins (Boston Celtics)

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    One of the greatest criticisms of the Boston Celtics is their lack of pure size on the interior. With undersized power forwards Brandon Bass and Jared Sullinger, the concern is justified.

    In an attempt to bolster the Celtics' frontcourt, ESPN Boston's Chris Forsberg has reported that they've added a seven-footer to the second unit.

    Sources: Celtics set to ink veteran big man Jason Collins to a one-year, veteran minimum deal. Adds 7-footer to bench.

    — Chris Forsberg (@ESPNForsberg) July 22, 2012

    Jason Collins is coming off of a season in which he played 30 games for the Atlanta Hawks and averaged 10.3 minutes per game. While his presence will be respectable, Collins has never played 82 games in a single season and has missed at least 33 games in six consecutive seasons.

    There is a value, however, as Collins can offer rookie Fab Melo a veteran presence on the second unit to preach the fundamentals.

    -- Report via B/R's Boston Celtics Tracker

Greg Stiemsma (Minnesota Timberwolves)

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    Update: Saturday, July 21 by Maxwell Ogden

    Bleacher Report previously reported interest between the Minnesota Timberwolves and center Greg Stiemsma. Just one day later, it appears as if the interest has led to solidification.

    Jerry Zgoda of the Star Tribune reports that the T-Wolves have gone ahead and agreed to terms with the former Wisconsin Badger.

    Timberwolves and Greg Stiemsma agree on contract terms

    — Jerry Zgoda(@JerryZgoda) July 21, 2012

    Greg Stiemsma should see a great deal of playing time behind Nikola Pekovic at the 5. He's an excellent shot blocker who averaged 1.5 swats in just 13.9 minutes per game.

    -- Report via B/R's Minnesota Timberwolves tracker

Michael Beasley (Phoenix Suns)

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    Earlier this month, Michael Beasley and the Phoenix Suns verbally agreed to a three year, $18 million deal. Just over two weeks later, Beasley has finally made it official.

    NBA.com has the report.

    The Phoenix Suns signed unrestricted free agent and former No. 2 overall draft pick Michael Beasley to a multi-year contract, the club has announced during a press conference at US Airways Center on Friday.

    This caps off a busy and productive offseason for the Phoenix Suns. Their other moves included landing Goran Dragic and recently agreeing to terms with Shannon Brown.

    This is a promising young core that could do damage during the 2013 season.

Shannon Brown (Phoenix Suns)

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    Update: Friday, July 20 -- Maxwell Ogden

    Vince Marotta of Arizona Sports reported earlier that Shannon Brown had agreed to a two-year contract. A new report has now been released with the financials behind the deal.

    According to the numbers relayed by Paul Coro of the Arizona Republic, the deal is reasonable for the Suns and respectful of Shannon Brown's talents.

    Shannon Brown agreed to a two-year, $7M deal to return to the #Suns. Half of the second-year salary is guaranteed.

    — Paul Coro (@paulcoro) July 20, 2012

    While it isn't a hefty contract, it's certainly one that's worth Brown's while. The third quality signing of the Phoenix Suns' offseason comes at another quality price.

     

    Update: Friday, July 20 -- Maxwell Ogden

    Just like that, the talks have concluded.

    According to a report via Vince Marotta of Arizona Sports, Shannon Brown has agreed to terms with the Phoenix Suns. The deal is reportedly for two years, while the salary has yet to be revealed.

    More information on the deal will be posted as the details emerge.

     

    Update: Friday, July 20 -- Maxwell Ogden

    With the top shooting guards off of the market, teams are digging deep into this class of free agents. One of those names they've begun to discover is Shannon Brown.

    Brown is an elite athlete with deep three-point range. While he's never produced at the level some had expected of him, the ability is certainly there. Ability that Phoenix would like to hold on to.

    Hearing the Suns are closing in on a deal with free agent Shannon Brown. With Gordon, Mayo and Lee all gone now it makes the most sense.

    — John Gambadoro (@Gambo620) July 20, 2012

    Brown is coming off of a season in which he averaged a career-best 11.0 points per game. He started 19 games for the Suns and finished the final month of the season on a hot streak, averaging 14.9 points while going for at least 20 on four separate occasions.

    --End of Update--


    One of the names lost in the offseason madness has been the explosive Shannon Brown. Brown, who was a key player on the 2009 and 2010 NBA champion Los Angeles Lakers, has not gone without attention from NBA franchises.

    After spending the 2012 season with the Phoenix Suns, Brown appears ready to make his mark on the NBA in 2013. He had a career year with the Suns and many teams appear to believe he's ready to take the next step.

    Was just told that Hornets are one of 5 teams showing interest in Shannon Brown. My thoughts? Bring him in if he accepts 1 yr deal

    — Michael McNamara (@McNamara247) July 18, 2012

    Brown has always underwhelmed with his production. Due to his extreme athleticism and deep three-point range, however, many believe he's a star in the making.

    The question is, can he finally live up to the hype?

Nicolas Batum (Portland Trail Blazers)

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    Update: Friday, July 20 -- Maxwell Ogden

    Earlier this week, it was reported that Nicolas Batum was staying with the Portland Trail Blazers. As of this afternoon, we have confirmation that Batum has indeed signed a contract to remain with the franchise.

    This comes via the Portland Trail Blazers' communications department.

    The Trail #Blazers re-sign RFA forward Nicolas Batum. Per team policy, terms of the deal were not disclosed.

    — Trail Blazers PR (@TrailBlazersPR) July 20, 2012

    Locking up Nicolas Batum was a top priority for the Trail Blazers entering free agency and they've done just that. While the terms were not disclosed, we reported below that the Minnesota Timberwolves offered a four year, $46 million deal.

    Considering Portland matched the deal, one can only assume that the deal will be along those lines.

     

    Update: Wednesday, July 18 -- Maxwell Ogden

    After more than a half-month of deliberation, the Portland Trail Blazers have finally made a decision on Nicolas Batum. Unfortunately, the news is unlikely to appeal to many Minnesota Timberwolves fans.

    Jason Quick of The Oregonian has the story.

    So it's all but official: Nicolas Batum is staying with Blazers, who will match Minnesota offer. Olshey to address media in Vegas at 2:15

    — Jason Quick (@jwquick) July 18, 2012

    As reported below, the deal will be for $46 million over four seasons. If nothing else, the Minnesota Timberwolves can be happy to not have a monster deal on their hands.

    -- Report via B/R's Minnesota Timberwolves Tracker


    Update: Wednesday, July 18 - Joel C. Cordes

    As CSNNW reports, the Portland Trail Blazers are expecting Nicolas Batum in town for a physical soon. They of course wouldn't be making this public if they didn't intend to match the Minnesota Timberwolves' contract offer.

    All signs, as they have from the start, point to Batum returning with the Blazers.

    - Content for this update provided by Bleacher Report's Minnesota Timberwolves offseason tracker.

    Update: Friday, July 13 -- Joel C. Cordes

    The Portland Trail Blazers and Minnesota Timberwolves continue to dance around Nicolas Batum. While neither side has expressed anything new, the body language is telling: 

    Latest from T.C.: Looks like Thurs will come & go with no offer sheet sent to Blazers and no S-T, although there was lots of talk about both

    — Jerry Zgoda(@JerryZgoda) July 13, 2012

    The Wolves have surely not given up on acquiring the young slasher, so their absence of submitting the offer sheet means that something else is going on.

    Portland hasn't been openly willing to listen to deals, but the rumors that they want Wolves forward Derrick Williams in return are beginning to surface according to ESPN 1500 Minnesota.

    - Content for this update provided by Bleacher Report's Offseason Trade Rumors tracker.

    Update: Thursday, July 12 -- Joel C. Cordes

    The Minnesota Timberwolves just won't give up on getting Nic Batum.

    Though the Portland Trail Blazers have resisted both the Wolves overtures and Batum's pleas, they're apparently at the table now, discussing a possible sign-and-trade for their 23-year old restricted free agent.

    By involving draft picks, Kyle Korver and the Chicago Bulls, the T-Wolves have gotten the Blazers to at least discuss the possibility of letting Batum walk. It first appeared as if Korver was a Wolves target, but he may simply a piece in their latest machinations.

    The Timberwolves will apparently amnesty Darko Milcic in order to offer Batum a max contract offer and/or to facilitate a sign and trade.

    Minnesota desperately wants an athletic finisher to pair with Ricky Rubio and Kevin Love. While it's debatable whether Batum has warranted a max contract so far, his potential alone has both the Blazers and Wolves wrangling over his future.

    Having lost out on Roy Hibbert to the Indiana Pacers, Portland has the money to keep Nic Batum. However, he's repeatedly requested to be released or traded to Minnesota.

    Stay tuned. 

    - Content for this report provided by Bleacher Report's Offseason Trade Rumors tracker.

    UPDATE: Monday, July 9 -- Maxwell Ogden

    After Nicolas Batum's agent reported his client's disinterest in returning to Portland, the Trail Blazers have gone ahead and ignored the wishes of their young star in the making. Jason Quick of The Oregonian reports that Portland will match any offers sent Batum's way.

    According to Adrian Wojnarowski of Yahoo! Sports, the Minnesota Timberwolves have made one last effort at acquiring their second ex-Trail Blazer.

    Minnesota's considered pitching a Derrick Williams-Martell Webster sign-and-trade for Nic Batum, sources say. Portland would reject it.

    — Adrian Wojnarowski (@WojYahooNBA) July 6, 2012

    Nicolas Batum is heading back to the Rose Garden.

    UPDATE: Monday, July 9 -- Joel C. Cordes

    Though the Portland Trail Blazers appear unmoved, Restricted Free Agent Nic Batum has "spoken from the heart" about his desire to be set loose. Batum's agent, Bouna Ndiaye had the following to say, according to CSNNW.com:

    His mind is not there in Portland. Out of that meeting with the Blazers (on Thursday), we hoped they would allow him to live his dream. The best case scenario is a sign-and-trade and we understand that. Hopefully, Paul Allen would never stand in the way of his dream to play for the Timberwolves.

    The Blazers have yet to say anything substantial in response, and their silence perhaps says it all. Likely, Portland is waiting to see whether their own max contract bid for Indiana Pacers RFA Roy Hibbert is matched or not.

    If not, they'll take Hibbert and spin this as "doing the nice thing" by letting Batum walk; it's highly improbably that they're going to shell out two questionable max contracts in one offseason.

    If Hibbert stays in Indy, the Blazers will remind Batum that "this is a business" and will then pay him lots of money to stay with them...

    UPDATE: Thursday, July 5 at 6:41 p.m. ET by Austin Green

    Nicolas Batum is one of the most coveted free agents on the market, but according to Jason Quick of the Oregonian, the versatile forward will be staying in Portland.

    Blazers just complete meeting w/Batum and agent in downtown Portland and say they will match any offer and will not engage in sign-and-trade

    — Jason Quick (@jwquick) July 5, 2012

    This is a great decision by the Trail Blazers, as the 23-year-old Batum is key to their future success.

    He has improved his scoring numbers every year he's been in the league, he spaces the floor with his outside shooting and if the Blazers want to contend for the title anytime soon, they'll need him to guard the likes of Kevin Durant and LeBron James.

    Batum has already received a big offer from the Minnesota Timberwolves, which was reported to be in the $45-50 million range (h/t Chris Haynes, CSNNW.com).

    Unless the Blazers front office flip-flops, though, the Frenchman will call the Rose Garden home next season.

Landry Fields (Toronto Raptors)

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    Update: Sunday, July 15 — Ethan Norof

    The Raptors now have Landry Fields officially under contract after the Knicks decided not to match Toronto's offer sheet.

     

    Meanwhile, the Knicks have confirmed they did not match the Toronto Raptors offer sheet to Landry Fields.

    — Alan Hahn (@alanhahn) July 15, 2012

    -End of update-

     

    The New York Knicks have had their hands full attempting to keep Jeremy Lin in the fold, but they may now need to turn their attention to another one of their restricted free agents.

    ESPN's Marc Stein is reporting that the Toronto Raptors have inked Landry Fields to an offer sheet:

    Just going up online and via SportsCenter: Raptors and Knicks' RFA Landry Fields have agreed to three-year offer sheet

    — Marc Stein (@ESPNSteinLine) July 3, 2012

    Fields is close friends with Jeremy Lin, so one would suspect the organization would prefer to keep the two together. The Knicks are entitled to match Toronto's offer and retain Fields, even though they're well above the salary cap.

    However, New York also has to remain cognizant of how far Lin's costs could spiral out of control.

    The club's budget was pretty strapped even before embarking upon this summer's to-do list, and long-term luxury taxes have to be part of the equation as well.

    Fields is a solid rebounder for his position and an all-around hustle guys willing to make the right pass. Unfortunately, he may not be worth whatever Toronto is offering.

Courtney Lee (Boston Celtics)

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    Update: Friday, July 20 -- Maxwell Ogden

    It took a long time but they've finally arrived. The final details of the Courtney Lee sign-and-trade have been released and clarity has been granted.

    Here is Steve Bulpett of the Boston Herald with the news.

    Deal official. Lee to C's. Moore, Johnson, Williams and CHA 2nd rd pick to HOU. Pavlovic (& BOS cash to pay him) and 2 2nd-rounders to POR.

    — Steve Bulpett (@SteveBHoop) July 20, 2012

    The Boston Celtics don't give up much at all for Lee, as E'Twaun Moore and JaJuan Johnson are both talented young players who had no place in the rotation. The same can be said about Sean Williams.

    -- Report via B/R's Boston Celtics Tracker

     

    Update: Friday, July 20 -- Maxwell Ogden

    No deal should be this complicated.

    The details surrounding the Boston Celtics sign-and-trade for Courtney Lee have finally emerged. The deal will be fully guaranteed and put Lee in position for an average of over $5 million a year.

    Guard Courtney Lee lands a four-year, $21.5 million fully guaranteed deal from the Celtics in sign and trade deal, source tells Y! Sports.

    — Marc J. Spears (@SpearsNBAYahoo) July 20, 2012

    Boston Celtics fans can finally breathe easy as the deal has been clarified. They can also look on in anticipation as one of the most well-rounded wingmen in the game lands a spot on their roster.


    Update: Friday, July 20 -- Maxwell Ogden

    New details from the Boston Celtics' sign-and-trade for Courtney Lee continue to emerge, as the complicated deal has found validity.

    Many have pondered how the deal could possibly work from a financial standpoint. John Hollinger of ESPN.com has the latest details on how it will be done.

    Hearing C Lee deal is more like 4.6M to start. Celtics paying Pavlovic's salary for Blazers and threw Portland a 2nd.

    — John Hollinger (@johnhollinger) July 20, 2012

    This is a good deal for the Portland Trail Blazers as they land a decent rotational option and a second round draft choice. The Celtics, meanwhile, finally have an explanation as to how they have acquired their prized target.


    Update: Friday, July 20 — Ethan Norof

    The sign-and-trade scenario for Lee to head to Boston has avoided any potential snags as Portland has stepped into the picture. The Trail Blazers will acquire Sasha Pavlovic from Boston in addition to the previously reported elements of the deal.

     

    Deal for C. Lee brought back from dead. Portland steps in as 3rd team. Celts also sign and move Sasha Pavlovic (w/Moore, Johnson, Williams)

    — Steve Bulpett (@SteveBHoop) July 20, 2012

    -Content for this update provided by B/R's Boston Celtics Offseason Tracker.

     

    Update: Thursday, July 19 -- Maxwell Ogden

    Upon hearing of the Boston Celtics' swap of JaJuan Johnson for Courtney Lee, the Twittersphere erupted in an outcry. The reason? Financially speaking, that deal would have been impossible to make.

    Per a report via the NBA on ESPN's official Twitter page, the finite details have been revealed.

    Courtney Lee to C's for likely package of JaJuan Johnson, E'Twaun Moore, Sean Williams and a 2 pick. @ESPNForsberg.es.pn/OxcY2C

    — The NBA on ESPN (@NBAonESPN) July 19, 2012

    This leaves the Boston Celtics without one of their top Summer League performers, E'Twaun Moore. All in all, it remains a deal worth making as Lee is a proven player with an NBA Finals appearance under his belt.

    -- Report via B/R's Boston Celtics Tracker

     

    Update: Thursday, July 19 -- Maxwell Ogden

    The Boston Celtics have had quite an offseason. They've bolstered their perimeter with some solid acquisitions and rid themselves of some aging legs. Their latest move simply offers more of the same.

    Marc. J. Spears of Yahoo! Sports reports that the Celtics have landed one of the hidden gems in this year's period of free agency.

    Celtics to acquire G Courtney Lee from Rockets in a sign and trade sending back F JaJuan Johnson, sources tell Y! Details being finalized.

    — Marc J. Spears (@SpearsNBAYahoo) July 19, 2012

    Courtney Lee adds to a stacked perimeter that includes Avery Bradley, Jason Terry, Paul Pierce and Jeff Green. While playing time could be difficult to come across, Courtney Lee's sharpshooting and defensive prowess could help the Celtics in a major way come the postseason.

    -- Report via B/R's Boston Celtics Tracker

     

    Update: Wednesday, July 18 -- Joel C. Cordes

    As the Minnesota Timberwolves prepare for life without Nicolas Batum, they now turn to their fallback options.

    The Minneapolis Star-Tribune lists Courtney Lee, Jordan Hill and Greg Stiesma as their likely targets: something that's been known for awhile. However, it does mention Coach Rick Adelman's specific interest in Lee, as well as Lee's reciprocated feelings for the Wolves.

    Lee could be the starter or a sixth-man candidate, but he can be the defensive specialist at either the two or three. Minnesota needs as much wing depth as they can behind Brandon Roy and Chase Budinger now that Martell Webster is gone and Wesley Johnson is still himself.

    - Content for this update provided by Bleacher Report's Houston Rockets offseason tracker.

     

    Update: Tuesday, July 17 -- Joel C. Cordes

    Courtney Lee has been on the Chicago Bulls and Boston Celtics' radars, but with O.J. Mayo off the free agent board to the Dallas Mavericks, other suitors are beginning to line up.

    The St. Paul Pioneer reports that the Minnesota Timberwolves want Lee if their offer to Nic Batum is (likely) matched by the Portland Trail Blazers.

    So too, the Phoenix Suns are eyeing Lee after their offer to Eric Gordon was matched by the New Orleans Hornets.

    Finally, the Los Angeles Lakers could have interest in a sign and trade, although one wonders what attractive assets they still have left to offer in such a deal.

     

    Update: Friday, July 13 -- Joel C. Cordes

    Though there are plenty of conflicting reports as to whether Nic Batum will be available for the Minnesota Timberwolves, it appears they're already working on Plan B:

    Sources say the Timberwolves will go after Courtney Lee since Portland doesnt want to "play ball" in a potential Batum sign-and-trade.

    — Yannis Koutroupis (@YannisHW) July 12, 2012

    While Courtney Lee certainly doesn't provide the explosiveness Minnesota covets with Batum, the team absolutely does need a lead defender. Lee's ability to run and stretch the floor would also be a reasonable fit if Ricky Rubio is setting him up for easy baskets.

    The Wolves still clearly hope they can get Batum, but Lee wouldn't be a bad consolation find.

     

    Update: Tuesday, July 10 -- Maxwell Ogden & Joel C. Cordes

    According to A. Sherrod Blakely of CSNNE.com, Courtney Lee is the latest wingman on the Boston Celtics' radar. As Blakely reports, however, Lee is well-aware of the Celtics' financial predicament and offers insight as to how a deal could potentially get done.

    "Houston and (Rockets general manager) Daryl Morrey . . . he loves draft picks," [Courtney] Lee said. "That's one thing you can do, sign-and-trade. With Houston loving draft picks and Boston not having money to pay a player, that may be an option for both teams."

    However, the Celtics are just "one of eight teams" in the hunt, according to Lee in Blakely's report.

    Will the Celtics trade a draft choice for a player who plays the same position as both Avery Bradley and Jason Terry, while also signaling that Mickael Pietrus would not return? Lee could spot time at the 3, yet Paul Pierce and Jeff Green may take issue with that idea.

    Keep a close eye on Lee to the Celtics. However, because the Boston Celtics have nothing but minimum-level contracts to offer, a sign-and-trade is necessary on their front.

    While they figure that out, the Dallas Mavericks, Chicago Bulls, Minnesota Timberwolves and others are all still in the market for a shooting guard. And all of them have more money to offer right now.

Antawn Jamison (Los Angeles Lakers)

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    UPDATE: Wednesday, July 18 -- Maxwell Ogden

    Antawn Jamison's offseason has certainly been one of the most interesting in the Summer of 2012. From his surprise agreement with the Los Angeles Lakers to the simple fact that he's entering what could be his final period of free agency, Jamison has seen it all.

    He's even received offers from a contender for the NBA title and a contender for the first overall draft choice.

    Jamison had a 2-yr,$8 m offer to play for his hometown CHA. But agent Makhtar N'Diaye's reminder about will to win pushed AJ to choose LAL.

    — Marc J. Spears (@SpearsNBAYahoo) July 19, 2012

    Clearly, Jamison chose the right team if he's trying to win a title. You have to wonder, however, if missing out on the extra cash won't bother him a bit.

    UPDATE: Wednesday, July 18 -- Maxwell Ogden

    The drama in Tinseltown will never come to a cease. Due to this fact, we simply cannot be surprised by the fact that the Antawn Jamison signing talks have hit a snag.

    David Aldridge of NBA.com has the news.

    Jamison won't officially sign w/Lakers until he returns from Italy trip. Team wants to speak w/him before signing. Will be for vet minimum.

    — David Aldridge (@daldridgetnt) July 18, 2012

    Fortunately for Lakers fans, Jamison will only take the veteran minimum from the Lakers. Don't doubt the likelihood of this deal, simply keep a close eye on future developments.

    UPDATE: Wednesday, July 18 -- Maxwell Ogden

    Antawn Jamison has been a popular name this offseason, with the reports below signaling how much he's believed to have left in the tank. As Marc J. Spears of Yahoo! Sports reports, however, one team has finally sealed the deal.

    A team whose active offseason seems unlikely to end any time soon.

    Lakers have agreed to a one-year deal paying the minimum with free agent forward Antawn Jamison, a source tells Yahoo! Sports.

    — Marc J. Spears (@SpearsNBAYahoo) July 18, 2012

    This should offer a major upgrade for the Lakers' weak second unit. With the lack of a true scoring presence coming off of the bench, Jamison should see instant playing time and help the Lakers in their pursuit of a third title in six years.

    UPDATE: Tuesday, July 17 -- Joel C. Cordes

    Los Angeles Lakers GM refuted the unconfirmed reports that Antawn Jamison was already a member of the team:

    "We're not about to do anything," Kupchak told ESPNLosAngeles.com. "I would know." 

    For now, Jamison remains on the radar, but no contract has been signed.

    - End of Update - 

    The Los Angeles Lakers still need to address two pressing areas: their inefficiency from distance and an absence of second unit scoring. 

    Per a report via Rick Bonnell of The Charlotte Observer, the Lakers have tabbed forward Antawn Jamison to fill that role.

    A source tells me Antawn Jamison will be a Laker.

    — Rick Bonnell (@rick_bonnell) July 16, 2012

    Jamison weighs the Lakers due to his desire to win a title during his final years in the league. Other options are the Brooklyn Nets and his homestate Charlotte Bobcats.

JaVale McGee (Denver Nuggets)

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    Upon arriving in Denver, JaVale McGee appeared to be a different player. Those bonehead plays that made him a YouTube sensation were at an all-time low and his on-court production was at an all-time high.

    Apparently there's something to the relocation, as McGee is now reported to have signed a major deal to remain in Denver. By major, I mean an average of $11 million a season.

    Nuggets sign restricted free agent center JaVale McGee to a four-year, $44 million contract, a source told Yahoo! Sports.

    — Marc J. Spears (@SpearsNBAYahoo) July 19, 2012

    According to David Aldridge of NBA.com, the deal is fully guaranteed. This makes McGee one of the highest paid players of this year's class of free agents. 

    In some eyes, that's exactly what he deserved due to his elite athleticism and sky-high potential.  Potential that was met during the 2012 NBA Playoffs.

Jonas Valanciunas (Toronto Raptors)

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    The 2011 NBA Draft has become a distant memory amidst the hype of the class of 2012. For the Toronto Raptors, however, the 2011 Draft has been nothing but a cause for anxiety.

    After selecting Jonas Valanciunas out of Lithuania with the fifth overall draft choice in 2011, many have pondered whether they'd actually see him in the NBA. According to Marc J. Spears of Yahoo! Sports, that day has finally come.

    Raptors sign 2011 first round pick Jonas Valanciunas. Make sure you check out Lithuanian in Olympics. Scouts say he will be special in NBA.

    — Marc J. Spears (@SpearsNBAYahoo) July 18, 2012

    Expect Valanciunas to make an instant impact on a defense that already ranked amongst the Top 10 in the league. His tenacity on both ends should only improve that ranking.

Jeremy Lin (Houston Rockets)

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    BREAKING NEWS (7/18/12 at 12:00 a.m. EDT) by Maxwell Ogden

    The clock has struck midnight and the unthinkable has become reality. Jeremy Lin has officially joined the Houston Rockets.

    BREAKING NEWS (7/17/12 at 10:39 p.m. EDT) by Maxwell Ogden

    The moment of confirmation will come in approximately one hour, but Ian Begley of ESPN New York has news right now.

    According to Begley, the New York Knicks have confirmed that they will not match the Houston Rockets' offer to Jeremy Lin. This would have Lin Houston bound and set to become a member of the Rockets.

    #Knicks confirm they are not matching Houston's offer to Jeremy Lin. Lin will be a Rocket.

    — Ian Begley (@IanBegley) July 18, 2012

     

    While we won't have true confirmation for another hour or so, Begley is a reliable source. The end of Linsanity in New York could be upon us.

     

    BREAKING NEWS: Tuesday, July 17 -- Joel C. Cordes

    It comes as only a slight surprise, after plenty of reports claiming that this would happen, but it appears as if the New York Knicks really are walking away from Jeremy Lin.

    According to Howard Beck of the New York Times, the Rockets are being allowed to heist Lin away:

    Posting momentarily to nytimes.com: Lin will be a Rocket. Knicks deliberations over.

    — Howard Beck (@HowardBeckNYT) July 17, 2012

    Raymond Felton and Jason Kidd will now be the point guards for the Knicks, while Lin becomes the first major free agent the Rockets have landed all offseason.

    Update: Sunday, July 15 -- Justin Welton

    So much for Linsanity in New York. 

    According to Marc Berman of the New York Post, New York won't match Houston's offer to Jeremy Lin after trading for Raymond Felton.

    Lin joins a Rockets team still eyeing a possible Dwight Howard trade down the road. Potentially building around Lin and Howard would be a wise move for Houston.

    We'll see if they go that route in the near future. 

    But for now, let the Linsanity era begin in Houston. 

    Update: Saturday, July 14 -- Maxwell Ogden

    Much to the surprise of the NBA community, it appears as if Jeremy Lin may be Houston-bound after all. Marc J. Spears of Yahoo! Sports has the story.

    Jeremy Lin appears close to being a Houston Rocket with Raymond Felton to NY deal close to being done, sources tell Y!

    — Marc J. Spears (@SpearsNBAYahoo) July 15, 2012

    While anything is possible, it's very unlikely that the Knicks opt to bring Lin back at this point. The financial constraints may be too much for the Knicks to handle and the final year of Lin's contract could push New York too far beyond the Luxury Tax for James Dolan to accept.

     

    Confirmed that Ray Felton is heading to the Knicks with Kurt Thomas in a sign and trade.

    — Al Iannazzone (@Al_Iannazzone) July 15, 2012

     

    Let the wait begin.

    Update: Friday, July 13 -- Maxwell Ogden

    If you can't get enough of the offseason drama, be grateful for Jeremy Lin. A day after Lin claimed he was indeed happy with the New York Knicks, the global superstar made it clear that business will always remain business.

    Jeremy Lin has officially signed his offer sheet with the Rockets. The Knicks will have three days to match it.

    — Al Iannazzone (@Al_Iannazzone) July 13, 2012

    This puts both the Houston Rockets and New York Knicks in a precarious position. Should either miss out on Lin, the quality of their point guard play would be shaky at best. So who will win the race for Lin?

    Update: Thursday, July 12 -- Joel C. Cordes

    The New York Knicks have made it clear for awhile now that they plan on matching Jeremy Lin's offer from the Houston Rockets. While they have yet to officially do so, here's further proof of their intentions via head coach Mike Woodson:

    Woodson said Lin would be the Knicks starting point guard next season.

    — Al Iannazzone (@Al_Iannazzone) July 11, 2012

    Update: Saturday, July 7 — Joel C. Cordes

    Though Jeremy Lin has agreed to his four-year deal from the Houston Rockets, the New York Knicks will break the bank to retain their cash cow.

    His body of work is incredibly small, but Lin was the story of the 2012 Knicks' season and one of their only players with positive press down the stretch. 

    Lin's clutch ability and facilitating skills were on clear display prior to his injury. Yet, the Knicks are shelling out a lot of money for a kid who's coming back from a knee problem, has only started 25 games for them and who had a huge turnover issue already. 

    Still, the Knicks will pay the cash to chance rebooting Linsanity in 2013. They did take out a reasonable insurance policy by also bringing veteran Jason Kidd aboard.

    Once more, the Rockets are left holding the bag after taking a big gamble. Having lost Goran Dragic and Kyle Lowry, Houston must figure out what their point guard Plan D is now that Jeremy Lin isn't their's either.

    Update: Thursday, July 5 at 8:22 PM EDT — Maxwell Ogden

    The Houston Rockets have made a ground-shaking decision to trade Kyle Lowry to the Toronto Raptors. This move is expected to make room for Lin to join their franchise and lead the team into battle. As a result, David Aldridge of NBA.com reports that the global star has signed an offer sheet with those very Houston Rockets.

     

    Source confirms Rockets have committed a 4 yr, $30M sheet to NYK guard Jeremy Lin. NY will have 3 days to match when moratorium ends next wk

    — David Aldridge (@daldridgetnt) July 5, 2012

     

    Unfortunately for the Rockets, it's not believed that they'll walk away with Lin's services. Kurt Helin of NBC Sports breaks it down in sarcastic terms that we all can understand. He also crushes the hearts of every Rockets fan who had hoped to see Lin in their uniform.

     

    To be clear: The Rockets spent all day negotiating Jeremy Lin's new deal with the Knicks. How nice of them.

    — Kurt Helin (@basketballtalk) July 5, 2012

    What Helin was getting at is that the New York Knicks will match any offer. They clearly feel that Lin is their franchise point guard and are ready to support him in whatever financial way they must. Marc Stein of ESPN.com confirmed that.

    Source with knowledge of Knicks' thinking: "They will match any offer on Lin up to 1 billion dollars"

    — Marc Stein (@ESPNSteinLine) July 5, 2012

    Jeremy Lin appears to be heading back to New York.

    Update: Thursday, July 5 at 5:53 PM EDT — Maxwell Ogden

    Just when we thought Jeremy Lin was a humble kid who was thrilled to simply be apart of the NBA, we found out how much of a business this league really is. According to Alan Hahn of MSG's Network, Lin's looking for the big bucks.

     

    RT @Ian_OConnor: Jeremy Lin wants more $ than reported $31M offer from Houston, according to league source. #Knicks facing a hefty match

    — Alan Hahn (@alanhahn) July 5, 2012

    The question, at this point, is simple: does Jeremy Lin deserve this much money? Considering how much Lin made the Knicks in merchandise sales, one could argue yes. Unfortunately, Linsanity has died and the 23-year-old is now going to be judged based off of his play in an 82 game season.

    Should he fail to lead the Knicks to a postseason run, he'd likely be labeled a bust. The same can be said for any other team he potentially signs with.

    So what do they do? Will the New York Knicks match the offer and pay Lin that type of money under their Early Bird Rights? Or will they let him walk? After paying Jason Kidd a solid amount to come in at 39, the team may opt with a lesser name with equal upside.

    UPDATE: Thursday, July 5 at 5:53 p.m. ET by Austin Green

    Restricted free agent Jeremy Lin has agreed to a deal with the Houston Rockets, according to Jonathan Feigen of the Houston Chronicle.

    The Rockets have agreed to terms with Jeremy Lin, source said.

    — Jonathan Feigen (@Jonathan_Feigen) July 5, 2012

    According to David Aldridge of NBA.com, the offer sheet is for four-years, $30 million.

    Source confirms Rockets have committed a 4 yr, $30M sheet to NYK guard Jeremy Lin. NY will have 3 days to match when moratorium ends next wk

    — David Aldridge (@daldridgetnt) July 5, 2012

    This is a major (yet unsurprising) development, as perhaps the most popular player in the league could be switching teams. Whenever Lin signs the contract, New York will have three days to match the offer, which they intend to do, according to ESPN's Marc Stein.

    Source with knowledge of Knicks' thinking: "They will match any offer on Lin up to 1 billion dollars"

    — Marc Stein (@ESPNSteinLine) July 5, 2012

    Although he was brilliant in spurts, Lin only started 25 games last season, averaging 15.6 points and 6.2 assists per game. Still, the Knicks are desperate to keep him, not just for his production, but his status as a marketing goldmine.

    "Linsanity" was a legitimate global phenomenon last season, and the Knicks clearly realize how valuable he is to their organization. He is a fan-favorite, an icon for Asian-Americans and he's a good young point guard as well.

    Losing him would be devastating to both their roster and their public perception, so it's not surprising that they will match this offer.

    We will have more updates for you whenever they come in, but for now, it looks like the Rockets' efforts will not be good enough.

    -------------------END OF UPDATE--------------------

    It appears that Jeremy Lin is one step closer to giving the New York Knicks a somewhat difficult decision.

    According to Yahoo! Sports' Adrian Wojnarowski, Lin is still working on a deal with the Houston Rockets:

    Jeremy Lin and Rockets still discussing offer sheet, source says. They're working on the "structure" of deal. Knicks have right to match.

    — Adrian Wojnarowski (@WojYahooNBA) July 5, 2012

    While New York would be able to match, it wouldn't be cheap. The Rockets are apparently putting together an offer that would given Lin a large sum of money in the final two years of a four-year deal.

    So, while it would start off at around $5 million in each of the first two years, that figure could roughly double in years three and four of the deal. While New York can technically match–and may indeed opt to do so–it would be costly for a club that already has tons of salary on its books.

Anthony Randolph (Denver Nuggets)

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    Update: Friday, July 20 -- Maxwell Ogden

    Earlier this week, Bleacher Report reported that Anthony Randolph had agreed to sign with the Denver Nuggets. Just a few days later, we've now discovered that the deal is official.

    Aaron J. Lopez of the NBA.com has the report.

    It's official: #Nuggets sign free-agent F Anthony Randolph to a multiyear deal. on.nba.com/O36LYp

    — Aaron J. Lopez (@Lopez_Nuggets) July 20, 2012

    This news was certainly expected. Nevertheless, it is comforting to hear that the deal is now set in stone and Randolph is an official member of the Denver Nuggets.

    --End of Update--

     

    Per a report via Benjamin Hochman of The Denver Post, it appears as if two major moves have been made by the Denver Nuggets.  One was a signing of a forward with limitless potential and the other was an amnesty of a player waiting to leave.

    Here's Hochman with the story.

    Nuggets sign Anthony Randolph, amnesty Chris "Birdman" Andersen, reports @nuggetsnews.

    — Sam Amico (@SamAmicoFSO) July 18, 2012

    Anthony Randolph may struggle to find playing time in Denver, as the front court is filled with depth. Should he find the court, however, we may finally see what the 23-year-old is capable of.

Eric Gordon (New Orleans Hornets)

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    Despite bringing in two of the biggest stars in the 2012 NBA draft, the New Orleans Hornets may be losing one of their cornerstones if guard Eric Gordon decides to take his talents elsewhere via free agency.

    Update: Tuesday, July 17 -- Maxwell Ogden

    In the latest development of the "Eric Gordon doesn't want to be in New Orleans" saga, it appears as if an important detail from his new deal with the Hornets has an interesting snag. A snag that could have Gordon out of town sooner than we had expected.

    Per a report via Marc J. Spears of Yahoo! Sports, Gordon could be out of New Orleans after year three of his new deal.

    One hidden highlight in Eric Gordon's contract @Hornets matched was he can opt out in three seasons to become a UFA. tinyurl.com/7drvo6l

    — Marc J. Spears (@SpearsNBAYahoo) July 18, 2012

    Expect the 2015 period of free agency to be one of high anticipation in New Orleans. This might just be the worst clause possible for the Hornets' future.

    Update: Saturday, July 14 -- Maxwell Ogden

    Here we go again.

    The New Orleans Hornets have officially matched the Phoenix Suns' offer sheet and Eric Gordon will remain with the N.O. franchise. Against his will.

    Just going out online and via SportsCenter: Suns officially notified that Hornets have matched four-year, $58M offer sheet to Eric Gordon

    — Marc Stein (@ESPNSteinLine) July 14, 2012

    Could we have a Dwight Howard saga on our hands down in New Orleans? All signs point to 'yes.'

    Update: Saturday, July 14 -- Joel C. Cordes

    As expected, the New Orleans Hornets are expected to match the Phoenix Suns' max contract offer to Eric Gordon. 

    As the Times-Picayune reports, the Hornets took their entire 72-hour decision period to trade Jarrett Jack AND prevent the Suns from pursuing any other major free agents.

    This cold-blooded approach paves the way for Eric Gordon's return to the New Orleans backcourt AND is a defacto punishment for Phoenix' failure to heed the warnings that this would be matched without hesitation.

    UPDATE: Wednesday, July 11 -- Joel C. Cordes

    Despite the fact that the New Orleans Hornets have stated (below) they'll match any offer for Eric Gordon, the Phoenix Suns are gonna go ahead and test them on it:

    Suns will sign Eric Gordon to the offer sheet today for 4 years and 58 million

    — John Gambadoro (@Gambo620) July 11, 2012

    Whether this is just the Suns saving face for their fans, or whether they actually believe the Hornets will cave to Eric Gordon's pleas for freedom, remains to be seen.

    Gordon would certainly be an intriguing fit alongside Goran Dragic, Michael Beasley, Jared Dudley and Marcin Gortat, but New Orleans has equally big plans for him as they rebuild around Anthony Davis.

    The Hornets seem confident that Gordon is worth the max contract, and losing him would mean they essentially traded Chris Paul last year for nothing. They have not entertained any offers for a sign-and-trade either.

    The Suns are playing chicken here, but it looks like a game they've been destined to lose from the start.

    UPDATE: Tuesday, July 10, 9:16 p.m. ET by Maxwell Ogden

    According to Ric Bucher of ESPN.com, Eric Gordon's worst nightmare has become a reality.

    Source: Hornets not scared off by Gordon's comments, will match Suns' 4-year, $58million offer and plan to keep him. No S&T.

    — Ric Bucher (@RicBucher) July 11, 2012

    This could land the New Orleans Hornets in a position that the Orlando Magic are far too familiar with: stuck with a player who doesn't want to be there. Apparently Tom Benson loves the drama, though, as he puts New Orleans on the hot seat in a second sport.

    UPDATE: Monday, July 9, 1:02 p.m. ET by Maxwell Ogden

    Apparently the New Orleans Hornets missed out on the Dwight Howard Saga.

    As reported below, the Hornets will be matching the Phoenix Suns' $58 million offer sheet to Eric Gordon. Unfortunately, there's one person who doesn't want them to do such a thing: Gordon.

    In an interview with Jimmy Smith of The Times Picayune, Gordon expressed his distaste with the Hornets' pursuit of his re-signing.

    "As for now, I don't know what's going on. (If the Hornets match) as of right now, I'd be disappointed." Is there anything the Hornets could do to change his mind? "I don't think there is," Gordon said.

    In all likelihood, the trouble in the N.O. is likely to continue. From bountygate to trade talks, we will never have a dull moment.


    UPDATE: Wednesday, July 4, 9:00 a.m. ET by Donald Wood

    Despite agreeing to a contract with the Phoenix Suns, the New Orleans Hornets will exercise their restricted free agent option on point guard Eric Gordon and match any offer he is given.

    Yahoo! Sports Adrian Wojnarowski is reporting on Twitter about the Hornet’s plan of attack:

    The New Orleans Hornets will match the 4-year, $58 million offer sheet Eric Gordon agreed to sign with Phoenix, league source tells Y!

    — Adrian Wojnarowski (@WojYahooNBA) July 4, 2012

    Phoenix was dead set on signing Gordon and all signs pointed to the young guard loving the city and the organization, but New Orleans holds the right to match this deal. With the young pieces already in place, the Hornets would be foolish to allow Gordon to walk.

    --------End of Update--------

     

    UPDATE: Tuesday, July 3, 10:57 p.m. ET by Austin Green

    The Phoenix Suns have reportedly offered restricted free agent Eric Gordon a max contract, according to ESPN's Chris Broussard.

    Eric Gordon and the Phoenix Suns agree to a Maximum Offer sheet worth $58 million over 4 years, sources said.

    — Chris Broussard (@Chris_Broussard) July 4, 2012

    Eric Gordon also released an official statement, saying among other things that "Phoenix is just where my heart is now."

    Unfortunately for Gordon, his future isn't entirely in his own hands.

    He cannot sign the contract until July 11, and when he does sign it, the Hornets will have three days to match. They are expected to do just that, according to Sam Amick of Sports Illustrated.

    Source confirms New Orleans restricted free agent SG Eric Gordon has agreed to sign a max offer from Phoenix. Hornets expected to match.

    — Sam Amick (@sam_amick) July 4, 2012

    We will have more updates on this developing story whenever they are available.

    ----------------End of Update-----------------

    UPDATE: Sunday, July 1, 4:40 p.m. ET by Donald Wood

    With New Orleans guard Eric Gordon planning to explore all of his free agent options, the Brooklyn Nets may be throwing their hat in the mix if Deron Williams decides to sign elsewhere.

    ESPN NBA insider Chris Broussard is reporting on Twitter about the Nets’ plan of attack:

    Nets have expressed interest in Eric Gordon, particularly as a replacement star if Deron Williams goes to Dallas, sources said.

    — Chris Broussard (@Chris_Broussard) July 1, 2012

    If Williams signs with the Dallas Mavericks instead of the Nets, there will be chaos in Brooklyn, as everything has been based off the assumption that he would re-sign there.

    As solid a Gordon is, he is not a viable replacement for a franchise-changing point guard like Williams.

    ---------End of Update----------

     

    Chris Broussard of ESPN is reporting about Gordon’s first few days of free agency:

    Guard Eric Gordon will visit the Indiana Pacers on Sunday, the first day of free agency, according to league sources. Gordon, a restricted free agent with the New Orleans Hornets, will then visit the Houston Rockets on Monday and the Phoenix Suns on Tuesday.

    While it is unclear who the favorite is at this time, the odds that Gordon returns to NOLA become less and less likely with each team he visits. I still have the Hornets as the favorite, but enough money could have everyone changing their tune.

Grant Hill (Los Angeles Clippers)

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    Update: Wednesday, July 18 -- Maxwell Ogden

    The Los Angeles Clippers have officially signed Grant Hill. The terms of the deal have not yet been revealed, per team policy.


    Update: Tuesday, July 17 -- Joel C. Cordes

    In a stunning turn of events, Grant Hill has reached an agreement the Los Angeles Clippers. Long-rumored to be going to that "other" L.A. team, it was assumed Hill would follow good friend Steve Nash from the Phoenix Suns to the Lakers.

    Instead, Yahoo! Sports' Adrian Wojnarowski reports that has gone to their cross-town rivals:

    Free agent Grant Hill has reached agreement on a deal with the Los Angeles Clippers, league sources tells Y!

    — Adrian Wojnarowski (@WojYahooNBA) July 17, 2012

    He will join a Clippers team looking to capitalize on its trip to the Playoffs' second round last season.

    It's unclear whether the savvy vet, known especially now for his defense and three-point shooting, will be the starter or Caron Butler's backup at small forward. Still, on a team that's loading up with veterans like Chris Paul, Chauncey Billups and Jamal Crawford, Hill will be another experienced contributor.

    - End of Update -

    Grant Hill, 39, is still looking for that elusive NBA ring. He is looking to go to a team with a chance to play for an NBA championship and there have been plenty interested in his services.

    According to Frank Isola of the New York Daily News, the New York Knicks are one of the teams interested.

    "The Knicks recently met with free agent Grant Hill in Las Vegas, sources tell the Daily News," said Isola on his Twitter feed.

    The second oldest player in the NBA is believed to be interested in the Knicks, Los Angeles Lakers and Miami Heat. His wife prefers New York, according to Isola.

    "Grant Hill, NBA's second oldest player behind Kurt Thomas, is considering Knicks, Lakers & Heat. Hill's wife, the singer Tamia, prefers NY."

    Miami, New York and Los Angeles would all be great fits for Hill who can still average double figures in scoring per game. 

O.J. Mayo (Dallas Mavericks)

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    As the frenzy that is the NBA free-agency period ensues, O.J Mayo is an undervalued name that cannot be slept on.

    Though Mayo is not considered in the same class of athlete as Deron Williams or Steve Nash, his potential two-way impact will have no shortage of suitors. The list of possible destinations has only widened since that the Memphis Grizzlies opted not to extend a qualifying offer Mayo's way, allowing him to become an unrestricted free agent.

    Update 5: Monday, July 16 -- Maxwell Ogden

    The skeptics can breathe easy, as O.J. Mayo has officially signed a contract to join the Dallas Mavericks.

    -- Report via B/R's Dallas Mavericks Tracker


    Update 4: Monday, July 16 — Maxwell Ogden

    According to the man himself, O.J. Mayo will be joining the Dallas Mavericks for the 2013 NBA season.

    I will be signing with dallas! #Mavsnation

    — OJ Mayo (@JuiceMayo32) July 17, 2012

    This presents Mayo with the opportunity to be the Mavericks' top perimeter option. Upon evaluating his young career, it's clear that that's exactly what type of situation he is prepared to thrive in.

    Update 3: Saturday, July 14 — Maxwell Ogden

    While Eric Gordon may have drawn the headlines, it appears as if O.J. Mayo is the one garnering the attention. Three 'right now' contenders and a fourth up-and-coming team are reportedly interested in Mayo's services.

    Free agent G OJ Mayo getting interest from Lakers, Chicago, Phoenix and Dallas and hopes to make decision in next 10 days, source tells Y!

    — Marc J. Spears (@SpearsNBAYahoo) July 14, 2012

    Mayo is in position for a homecoming in Los Angeles or a position position of high-importance with three potential contenders. Which will he choose?

    Update 2: Friday, July 13 -- Joel C. Cordes

    While the Boston Celtics are being named as an O.J. Mayo suitor, the Phoenix Suns are the ones actually making a move for him according to Yahoo! Sports.

    Since the New Orleans Hornets have given all indication that they'll match Eric Gordon, the Suns are hard up to find a starting-caliber shooting guard.

    This would seem to be a great situation for Mayo, as he'd be the clear-cut starter while playing along versatile distributor, Goran Dragic.  Mayo's ball-handling and range would certainly create a multi-faceted backcourt to pair with Michael Beasley and Marcin Gortat.

    With the big names gone, watch for quite a bit of scrambling for O.J. Mayo now.

    - Content for this update provided by Bleacher Report's O.J. Mayo offseason tracker.

    Update: Friday, July 13 -- Joel C. Cordes

    O.J. Mayo's name hasn't surfaced in more than just fleeting rumors, but with the free agent pool beginning to drain, there are a couple of tangible suitors beginning to emerge:

    Mentioned most in NBA calls today: Whether or not Celtics can work out sign-and-trade for OJ Mayo, or perhaps Courtney Lee.

    — Sam Amico (@SamAmicoFSO) July 12, 2012

    For all their newfound depth, the Celtics certainly could use more explosiveness and speed to run with Rajon Rondo. A core group of Mayo, Rondo, Avery Bradley, Jeff Green, Brandon Bass, Jared Sullinger and Fab Melo would be an intriguing step forward in the coming years.

    - Content for this update provided by Bleacher Report's Boston Celtics offseason tracker

    Update: Saturday, July 7 — Joel C. Cordes

    Indiana Pacers insider, Mike Wells, has been mentioning O.J. Mayo and Courtney Lee as the team's biggest offseason targets for awhile now. Now he believes that Mayo, long coveted by the Pacers, is the front-runner.

    Indeed, the Pacers tried to trade for Mayo two seasons ago, and they've inquired about him often. However, Mayo wants the full mid-level exception (which Indy has) and the chance to finally be a full-time starter. That's a gig the Pacers don't have as long as Paul George is on the roster.

    Mayo is the consolation prize for the New Orleans Hornets and Phoenix Suns, depending on which one doesn't get Eric Gordon. He could also be in the mix for the Houston Rockets or Dallas Mavericks as they pick up the pieces from a devastating offseason.

    The Minnesota Timberwolves could also be a possibility if they're unable to wrest Nic Batum away from the Portland Trail Blazers.

    Mayo's scoring ability and size make more sense for Indy than does Courtney Lee, a defensive sniper whose game is far too similar to Dontay Jones: already on the roster.

    Signing Mayo might give the Pacers enough depth to trade Danny Granger, thereby moving George to the 3 and slotting Mayo in at the shooting guard spot.

    While that's unlikely at the moment, it's a perfectly reasonable Plan B if the Pacers need to recover from letting Roy Hibbert's max contract offer walk to Portland.

    Update: Thursday, July 5 — Maxwell Ogden

    The Summer of 2012 has offered the NBA one of the craziest free agency periods in NBA history. From shocking signings to unexpected trades, we've had it all! Lost in the midst of the madness, however, is fluctuating star O.J. Mayo.

    According to Mike Wells of The Indianapolis Star, not every team has left him behind.

     

    “@ToneZone5: Pacers get Mayo, or Courtney Lee? or neither” (Mayo is clear No. 1 choice for Indy)

    — Mike Wells (@MikeWellsNBA) July 5, 2012

     

    When you take the Indiana Pacers' half-court inefficiency to account, it's not hard to see why they're targeting Mayo. The question is, would Mayo want to spend another season in competition for playing time? With 6'10" shooting guard Paul George under contract, he'd likely be doing just that.

    An interesting development to watch with a close eye.

    Update: Wednesday, July 4Ethan Norof

    The signing of Jason Terry effectively takes the Boston Celtics out of the mix for Mayo's services.

    But were they ever really in the mix at all? According to Steve Kyler of Hoopsworld, Mayo is looking for more than the midlevel exception, and it's difficult to fathom that the Celtics were ever willing to offer that.

    Mayo's agent reportedly views his client as a "consolation prize" for teams such as the Pacers, Suns and Rockets.

    Mayo could very well wind up in Phoenix as the Suns look to move on from the Steve Nash era.

    Update: Monday, July 2 -- Joel C. Cordes

    Rumors continue to circulate around O.J. Mayo, as multiple teams are interested in the versatile guard:

    In addition to Nets, the Celtics, Pacers and Suns are in the mix for unrestricted free agent O.J. Mayo, league source says.

    — Ken Berger (@KBergCBS) July 1, 2012

    While the Boston Celtics have been cited as one of the front-runners, Mayo's name is just one of many on their radar:

    The Boston Celtics are looking for a SG. They have expressed interest in Jamal Crawford, O.J. Mayo, Jason Terry, Nick Young and Sonny Weems.

    — Alex Kennedy (@AlexKennedyNBA) July 1, 2012

    The Celtics are still trying to re-sign Ray Allen, and it appears that their pursuit of Mayo will be adjusted accordingly.

    The Memphis Grizzlies free agent actually seems to be the back-up plan for quite a few teams, most notably the Brooklyn Nets. They're trying to acquire Joe Johnson from the Atlanta Hawks, hoping that this will be enough to lure Dwight Howard and retain Deron Williams.

    Should those options fall through, Mayo will become the next scorer of choice...

Mirza Teletovic (Brooklyn Nets)

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    Update: Wednesday, July 18 -- Joel C. Cordes

    Mirza Teletovic is officially a member of the Nets after signing what is believed to be the mini mid-level exception worth roughly $3 million per year. 

    The Brooklyn Nets have officially signed forward Mirza Teletovic.

    — Nets PR Dept. (@Nets_PR) July 16, 2012

    Still no word as to the length of the deal, though a three-year pact is typical here. The stretch forward will probably come off the bench now that Kris Humphries is also aboard, though he'll have plenty of time as the primary backup behind Hump and Gerald Wallace.

    - Content for this update provided by Bleacher Report's Brooklyn Nets offseason tracker.

    Update: July, 4 by Jesse Reed at 5:49 p.m. EDT

    The Nets successfully landed Mirza Teletovic. Better yet, the latest report from John Hillinger of ESPN.com states that they will sign him to a lesser deal than was originally thought:

    A source close to the negotiations tells us that Bosnian forward Mirza Teletovic might not sign with Brooklyn for the non-taxpayer's midlevel exception, as originally reported, but for the taxpayer's midlevel, which is a smaller contract with a maximum of $3.09 million for the first year.

    Hillinger goes on to say that this leaves the door open for the fabled Dwight Howard trade folks have been talking about.

    --------End of Update--------

     

    For those unfamiliar with Teletovic's game, he's a 26-year-old Euroleague scoring machine, but he's basically a spot up small forward playing in the body of a stretch power forward.  His ability to defend at the NBA level is very much in question as he lacks lateral quickness to guard the three spot and lacks the size to defend in the post.

    But there are many who carved out niches with far lesser talent than Teletovic and he could reach a Novak level of efficiency with the right point guard distributing him the ball.   

    (Photo credit:  Solobasket.com)

Kris Humphries (Brooklyn Nets)

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    Update 2: Tuesday, July 17 — Joel C. Cordes

    ESPN's Marc Stein reports that the Brooklyn Nets will indeed retain Kris Humphries as their starting power forward next season:

    Just going up online and via SportsCenter: Kris Humprhies is staying with Nets on two-year deal valued at $24 million

    — Marc Stein (@ESPNSteinLine) July 17, 2012

    As discussed below, retaining Humphries not only pairs well with Lopez, but also was a sound financial decision considering the capped-out Nets had no way to lure in free agents on anything larger than the veteran's minimum at this point.

    However, $12 million per year is an absolutely eye-brow raising number for a guy that no one else seemed to be bidding for and who isn't anything more than a premier rebounder. Still, Nets owner Mikhail Prokhorov has shown no hesitation in shelling out major rubles this offseason.

    Brooklyn will now trot out a VERY respectable starting lineup of Deron Williams, Joe Johnson, Gerald Wallace, Humphries and Lopez, while bringing MarShon Brooks, Mirza Teletovic and C.J. Watson off the bench. The Nets will be watchable indeed.

    Update: Friday, July 13 -- Joel C. Cordes

    Now that he's not part of a Dwight Howard trade, Kris Humphries can test the market as an unrestricted free agent. 

    Exclusive: The #Bobcats are re-engaged in acquiring Kris Humphries to upgrade their power forward spot, an informed source tells Observer.

    — Rick Bonnell (@rick_bonnell) July 12, 2012

    Unfortunately, while he did prove he can be a double-double threat for two straight seasons, there still doesn't seem to be too much interest. Outside of Charlotte's interest, the Brooklyn Nets have already tried shopping him to the Cleveland Cavaliers.

    Now seeing that they don't have a ton of options at power forward, it appears the Nets will be inclined to bring Humphries back, even at the expense of trading him for assets:

    Source says Nets are still talking 2 Humphries and hoping to re-sign him. Brooklyn not facilitating S&T w/Charlotte; Nets want him back.

    — David Aldridge (@daldridgetnt) July 12, 2012

     

    League sources believe that, eventually, Kris Humphries is likely to return to the Nets rather than go to Charlotte. No other teams involved

    — David Aldridge (@daldridgetnt) July 13, 2012

    This is the smart move for a Brooklyn team that's otherwise devoid of rebounding. Brook Lopez' problems in that area are well documented, Mirza Teletovic is more of an outside player, Gerald Wallace is only a rebounding contributor and Reggie Evans just won't play enough to make a big impact.

    That Humphries already knows the system and is a reasonable finisher are just added bonuses. The Nets don't have enough money left to bring in outsiders, but can re-sign their own over the cap.

    - Content for this update provided by Bleacher Report's Brooklyn Nets offseason tracker.

Jameer Nelson (Orlando Magic)

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    Update: Wednesday, July 25 -- Joel C. Cordes

    Details of Jameer Nelson's contract became known this week, and it's quite a rich one for a guy who's been trade bait so often during his previous deal.

    Nelson is typically considered starting-caliber for less than a third of the league's teams, yet he'll be paid as if he's in the top half of point guards.

    Alex Kennedy of HoopsWorld has the details:

    Jameer Nelson got paid. He'll make $8.6 mil in 12-13, $8.6 mil in 13-14, $8 mil in 14-15. Last year is only partially guaranteed, but still.

    — Alex Kennedy (@AlexKennedyNBA) July 25, 2012

    He's been a good soldier for the Magic and is a solid locker-room guy, but paying for this stability is odd when the team is in rebuilding mode and otherwise looking to shed salary.

    - Content for this update provided by Bleacher Report's Orlando Magic offseason tracker.

    Update: Tuesday, July 17 -- Joel C. Cordes

    Nelson has officially inked his three-year deal with the Magic, though its terms are still unknown, reports Josh Robbins of the Orlando Sentinel:

    Jameer Nelson has signed his new 3-year contract with the #Orlando #Magic.

    — Josh Robbins (@JoshuaBRobbins) July 17, 2012

    Nelson has been on the decline for a few seasons, but has been one of the franchise's most loyal players and a respected leader. As the rest of the roster is in flux, the Magic are interested in keeping their point guard position stable.

    - Content for this update provided by Bleacher Report's Orlando Magic offseason tracker.

    - End of Update -

    Per a report via ESPN.com, Jameer Nelson has agreed to remain a member of the Orlando Magic. According to Alex Kennedy of HoopsWorld.com, however, that deal has not been signed.

    Jameer Nelson and the Orlando Magic agreed to terms on a three-year deal, but Nelson still hasn't officially signed yet.

    — Alex Kennedy (@AlexKennedyNBA) July 16, 2012

    While it's unlikely that Jameer Nelson backs out of his verbal agreement, it's interesting to note that this comes on the heels of a new development in the Dwight Howard trade talks. With the Houston Rockets willing to take on other contracts, it's possible that Nelson simply does not want to leave Orlando.

    Or, he just hasn't found the time in his offseason schedule to sit down and sign the contract.

Aaron Brooks (Sacramento Kings)

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    Per a report via Sam Amick of Sports Illustrated, the Sacramento Kings have added a third name to their crowded point guard position. The player just so happens to add to the Houston Rockets' point guard woe at the very same time.

    As @Thirty2zero - free agent point guard Aaron Brooks - just tweeted, source confirms he has agreed to sign with the Kings.

    — Sam Amick (@sam_amick) July 16, 2012

    Brooks last played in the NBA in 2011, when he averaged 10.7 points and 3.9 assists per game in 21.8 minutes per game. The Oregon alum won the Most Improved Player of the Year in 2010 and could be in store for consideration again in 2013.

Luis Scola (Phoenix Suns)

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    Update: Sunday, July 15 -- Maxwell Ogden

    The Phoenix Suns continued their active offseason on Sunday, winning the rights to one Luis Scola. Marc Stein of ESPN.com has the news.

    The NBA's 30 teams have just been notified that Phoenix has won waiver auction for Luis Scola

    — Marc Stein (@ESPNSteinLine) July 15, 2012

    This gives the Suns a formidable front court with Scola pairing alongside Marcin Gortat. It also further establishes the Suns as one of the Western Conference's best up-and-coming units.

    Update: Saturday, July 14 -- Joel C. Cordes

    Even though the Dallas Mavericks just snagged Elton Brand off the waiver wire, they are still interested in another recently-amnestied power forward: Luis Scola.

    According to ESPN's Marc Stein, the Cleveland Cavaliers have turned from Kris Humphries sign-and-trade options towards signing Scola as well:

    Any team that bids for Scola must commit to minimum of $3+ mil in Year 1 & $10+ mil over three years. Cavs join Mavs w/certifiable interest

    — Marc Stein (@ESPNSteinLine) July 14, 2012

    Since neither Scola nor Brand can play center, it's strange that Dallas would want yet another backup for Dirk Nowitzki and/or Chris Kaman.

    However, Scola would make a great veteran addition to a wet-behind-the-ears Cavs team that could use his toughness, passing and low-block confidence. Unlike Humphries, Scola is a completely-proven commodity who would absolutely mark a step forward for Cleveland's development.

    Any team that claims him off of waivers will have to absorb a large portion of Scola's old contract, whereas the price may significantly drop if he survives to become an unrestricted free agent.

     

    Update: Friday, July 13 -- Joel C. Cordes

    It didn't take long for Luis Scola's suitors to line up around the block. The power forward has carved a niche as one of the game's tougher and more versatile "near-stars", and his ability to play numerous roles has more than one contender pushing hard to sign him.

    ESPN.com reports that the Dallas Mavericks want to be the first in line. While they've already been linked to Elton Brand, Scola would be the upgrade. He's bigger, younger (slightly) and has a greater passing, rebounding and defensive presence. 

    However, claiming Scola off waivers means any team will have to absorb the next three years of his contract, whereas Brand's is expiring after this season. 

    It's surprising to see the Houston Rockets move away so quickly from one of "their guys", but they did just draft a whole slew of power forwards during  the past few drafts. They're clearly in rebuilding phase, and it's in both Scola's and their best interests if he plays for a contender.

    - End of Update - 

    Per a report via Adrian Wojnarowski of Yahoo! Sports, it appears as if the Houston Rockets are re-inserting themselves in the Dwight Howard sweepstakes. The step they've taken should come as a surprise to many.

    Houston has decided to use the amnesty provision on Luis Scola and will likely file with NBA on Friday, league sources tell Y! Sports.

    — Adrian Wojnarowski (@WojYahooNBA) July 12, 2012

    While we could speculate the potential moves made by the Houston Rockets, it's important to note that Scola has serious value on the free agent market. The 32 year old power forward has been one of the most consistent contributors in the NBA since entering the league five years ago.

    With a surplus of teams needing a low-post scorer, Scola could find a new home before D-12 finds Houston.

Brendan Haywood (Charlotte Bobcats)

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    According to Marc Stein of ESPN.com, the Charlotte Bobcats have made their second acquisition of this free agency period. This time around, MJ's franchise has landed center Brendan Haywood off of amnesty waivers.

    NBA's 30 teams just notified that Brendan Haywood has been claimed on waivers by Bobcats

    — Marc Stein (@ESPNSteinLine) July 14, 2012

    This is a nice fit for the Charlotte Bobcats, who certainly struggle in the front court. Haywood's fundamentally sound style of play could pay dividends for youngsters such as Byron Mullens and Bismack Biyombo.

Elton Brand (Dallas Mavericks)

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    Update 2 : Friday July 13 -- Maxwell Ogden

    Per a report via Ken Berger of CBS Sports, the hunt for Elton Brand has come to a relatively quick close. Mark Cuban and the Dallas Mavericks have claimed Brand off of amnesty waivers.

    Elton Brand has been successfully claimed off amnesty waivers by the Mavericks, agent David Falk confirms.

    — Ken Berger (@KBergCBS) July 13, 2012

    This certainly re-establishes the Dallas Mavericks as a playoffs contender, as they've added both Chris Kaman and Elton Brand during this offseason. While their back court leaves room for improvement, the Mavs may have their best offensive front court since Dirk Nowitzki arrived.

    Update: Friday, July 13 -- Joel C. Cordes

    The Los Angeles Lakers also have interest in Elton Brand according to ESPNLA.

    While Brand would provide a nice scoring punch off their bench, one wonders whether he's interested in playing a clear backup role to Pau Gasol and Andrew Bynum on the veteran's minimum.

    Whether scooped off waivers or a free agent, Brand still has the chance to earn more minutes and money elsewhere. Yet, will he find better chances to win that elusive championship ring?

    Update: Thursday, July 12 -- Joel C. Cordes

    Having been recently amnestied by the Philadelphia 76ers, former All-Star power forward Elton Brand has two hopes.

    Best-case scenario is that he's claimed off waivers by the Dallas Mavericks. This would allow him to play for a contender, presumably as Dirk Nowitzki's backup, and with friend Chris Kaman.

    Kaman, who played along with Brand on the Los Angeles Clippers a half-decade ago, was recently signed by the Mavericks to be their starting center.

    If Dallas doesn't bite, then Brand is hoping to clear waivers and become an unrestricted free agent. This would allow the 33-year old to decide his own fate by signing with a contender, albeit for presumably less money.

Ramon Sessions (Charlotte Bobcats)

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    Update 2: Thursday, July 12 -- Maxwell Ogden

    According to Rick Bonnell of the Charlotte Observer, Ramon Sessions has agreed in principle to sign with the Charlotte Bobcats. This comes on the heels of the Dallas Mavericks acquiring Darren Collison and D.J. Augustin being hit with a qualifying offer by Charlotte, as reported below.

    Nevertheless, Ramon Sessions appears set to run point for the Bobcats in 2012. Whether he will take the starting job from Kemba Walker has yet to be seen.

    Update: Thursday, July 12 -- Joel C. Cordes

    With the Dallas Mavericks having acquired Darren Collison and the Houston Rockets still pursuing Jeremy Lin, Ramon Sessions is still searching for a starting point guard gig.

    He's beginning to scrape the bottom of the barrel.

    The Charlotte Bobcats have a qualifying offer for retaining D.J. Augustin, but the Charlotte Observer reports they're looking at Sessions instead. With diminutive Kemba Walker and Ben Gordon manning the other guard spot, the Bobcats need a guard with a little size, something Augustin does not provide.

    Sessions is not a clear upgrade here, but both sides could walk away with what they want.

    Update: Tuesday, July 10 -- Joel C. Cordes

    Still desperate for a starting point guard, the Houston Rockets and Dallas Mavericks remain in the running for Ramon Sessions. He's equally desperate to remain an NBA starter after finally having climbed that ladder during the second half of last season with the L.A. Lakers.

    According to ESPN's Jeff Caplan, the Mavericks are the slight front-runner at the moment:

    Source: Mavs, Sessions likely to resume talks Monday. Sessions could be flexible in years if he likes deal. Wants to start...Link coming.

    — Jeff Caplan (@ESPN_Caplan) July 8, 2012

    After whiffing on every one of their free agent point guard targets AND losing their own starter, Jason Kidd, to the New York Knicks, the Mavs are left holding a giant bag of money. They can make an enticing offer to Sessions, but are likely to keep the deal short so as to check their options again next season.

    Don't be surprised if either the Rockets or Mavericks offer a rich, but single-year contract to Sessions. He undoubtedly wants some security, but there aren't a lot of starting gigs left out there.

    - Content for this update provided by Bleacher Report's Ramon Sessions offseason tracker.

D.J. Augustin (Indiana Pacers)

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    Update 2: Thursday, July 12 -- Maxwell Ogden

    D.J. Augustin wasted no time in making headlines. Per a report via Marc Stein of ESPN.com, the Charlotte Bobcats had made D.J. Augustin a free agent.

     

    Bobcats just announced that they've withdrawn their qualifying offer to DJ Augustin, immediately making Augustin unrestricted free agent

    — Marc Stein (@ESPNSteinLine) July 12, 2012

     

    Moments after news broke of his status as an unrestricted free agent, Mike Wells of The Indianapolis Star reported that Augustin has found a new home.

    Pacers have agreed to a 1 year deal with DJ Augustin, according to a source.

    — Mike Wells (@MikeWellsNBA) July 12, 2012

    Augustin will fit in nicely with the Indiana Pacers, as he presents them with the presence of an emerging ball handler and facilitator. He's young enough to warrant a long-term deal but is clearly being offered an opportunity to shine on a bigger stage than in Charlotte.

    Update: Thursday, July 12 -- Joel C. Cordes

    Though the Charlotte Bobcats have a $4 million qualifying offer in for restricted free agent D.J. Augustin, it appears he has other suitors:

    Indiana is pursuing a trade with Charlotte for restricted free agent point guard DJ Augustine, sources tell Y! Sports.

    — Adrian Wojnarowski (@WojYahooNBA) July 12, 2012

    Augustin has yet to receive any outside offers, and it was surprising to see the Bobcats even move to retain him. It's possible that they simply want to get something in return.

    The Indiana Pacers just traded Darren Collison to the Dallas Mavericks. It's unclear whether they foresee Augustin as their new starter or simply a credible backup to George Hill.

Chris Kaman (Dallas Mavericks)

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    Update: Thursday, July 12 -- Joel C. Cordes

    In a busy day where they also acquired Darren Collison and Dahntay Jones from the Indiana Pacers, the Dallas Mavericks landed free agent center Chris Kaman.

    Mavericks have agreed in principle to sign center Chris Kaman, a source tells Yahoo! Sports.

    — Marc J. Spears (@SpearsNBAYahoo) July 11, 2012

    The deal is only for one year and $8 million, thereby keeping the Mavericks' options open as they enter the free agency pool again next offseason.

    Kaman is a legit threat on the low block who has also improved his range. A strong rebounder, he won't protect the basket very well, and this could be a problem as front court-mate Dirk Nowitzki has the same weaknesses.

    Still, having struck out on nearly all of their other free agency targets, Kaman is a nice stop-gap and improvement over the amnestied Brendan Haywood.

Brook Lopez (Brooklyn Nets)

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    Update: Thursday, July 12 -- Joel C. Cordes

    The Dwight Howard chase is over for the Brooklyn Nets as they have re-signed Brook Lopez to a max contract:

    Brook Lopez has signed his four-year, $61 million deal with the Nets, taking him off the trade market until Jan. 15, league sources say.

    — Ken Berger (@KBergCBS) July 11, 2012

    Lopez may not be traded until 2013, and the deal is large enough that he's unlikely to be a realistic trade chip any longer. He will be the starting center for the new-look Nets.

    - Content for this update provided by Bleacher Report's Brook Lopez offseason tracker.

J.J. Hickson (Portland Trail Blazers)

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    Update: Thursday, July 12 -- Joel C. Cordes

    Once viewed as an up-and-comer with the Cleveland Cavaliers, J.J. Hickson lost his way last season with the Sacramento Kings. Having been shelved on the bench, Hickson was mercifully traded to the Portland Trail Blazers.

    Once there, he regained some confidence and provided a nice shot of energy alongside and backing up LaMarcus Aldridge. While neither Hickson nor Aldridge are full-time centers, the Blazers like using the two offense-first forwards together.

    With Meyers Leonard on board and another big surely to be added in free agency, Hickson can be a nice bench scorer now that he's returning:

    J.J. Hickson has agreed to a one-year contract with Portland, league source tells Y!

    — Adrian Wojnarowski (@WojYahooNBA) July 12, 2012

Lou Williams (Atlanta Hawks)

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    Update: Tuesday, July 24 -- Joel C. Cordes

    Though terms of the deal were not announced, Lou Williams has officially signed with the Atlanta Hawks according to NBA.com.

    It's believed that Williams will receive a three-year, full mid-level exception contract. With Jeff Teague and Devin Harris already at the point, along with shooters Anthony Morrow, Kyle Korver and John Jenkins at the wings, it's unclear what Williams' exact role will be.

    Still, loading up on outside firepower was part of the plan for Danny Ferry, according to HoopsWorld.com, and the team is excited to take their first step beyond the Joe Johnson era.

    - Content for this update provided by Bleacher Report's Atlanta Hawks offseason tracker.

     

    Update: Wednesday, July 11 -- Joel C. Cordes

    After having traded away their leading scorer this offseason, the Atlanta Hawks replace Joe Johnson with a true bucket filler. ESPN reports that the Hawks have agreed to a (presumed) mid-level contract with Lou Williams, formerly of the Philadelphia 76ers.

    While it remains to be seen just what role Williams will play for the Hawks, he was searching for a starting gig this year. It's unlikely, based on their current roster, that Williams would supplant Jeff Teague at the point. Yet, pairing them together would create a very under-sized, albeit incredibly fast, backcourt.

    The Hawks also just acquired Devin Harris this offseason, further muddling the guard hierarchy.

    Williams put up 14.9 points and 3.5 assists per game off the Sixers bench last season. He'll certainly find all the shots he likes on a team who's desperate for a floor-stretcher around Al Horford, Josh Smith, Teague and Harris.

Tim Duncan & Boris Diaw (San Antonio Spurs)

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    Update: Tuesday, July 10 -- Joel C. Cordes

    In the offseason's least surprising move, Tim Duncan has been re-signed by the San Antonio Spurs. While the dollars of the deal are yet unknown, Yahoo! Sports' Johnny Ludden reports that it is a three-year contract.

    Duncan had a nice bounce-back year last season, helping to lead the Spurs once more to the top seed in the Western Conference. While his minutes continue to dip each season, he still is one of the most consistent post scorers and defenders in the NBA.

    After having been ousted by the Oklahoma City Thunder in the Western Conference Finals, it appears Duncan is still hungry for one more ring.

    In a related move, the Spurs also retained Boris Diaw on a brief, two-year contract:

    Boris Diaw has reached agreement on a two-year, $9 million-plus contract to stay with San Antonio, league source tells Y! Sports.

    — Adrian Wojnarowski (@WojYahooNBA) July 10, 2012

    Diaw was acquired at the trade deadline from the Charlotte Bobcats, eventually working his way into the starting lineup by Playoff time. Diaw's passing and shooting ability made up for his lack of size, and the Spurs were pleased with his production as "point center" last season.

Roy Hibbert (Indiana Pacers)

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    UPDATE: Monday, July 9 -- Maxwell Ogden

    According to Mike Wells of the Indianapolis Star, the Indiana Pacers have matched Portland's offer sheet for Roy Hibbert. 

     

    The Pacers are matching Portland's 4-year, $58 million offer to Roy Hibbert, according to a source

    — Mike Wells (@MikeWellsNBA) July 9, 2012

     

    This should come as no surprise to Pacers fans, as Hibbert may be their most valuable player. He's the key to their defensive success and, without him, the team would take some major steps backwards.

    Fortunately, that day won't come any time soon.

    UPDATE: Monday, July 9 -- Joel C. Cordes

    The Indiana Pacers have yet to make any indication whatsoever as to their intentions with re-signing Roy Hibbert. This, despite the fact that Wednesday is the opening for "real" contracts to be signed.

    League source says Pacers still have not decided if they will match proposed max offer sheet by Portland over the weekend to @Hoya2aPacer.

    — David Aldridge (@daldridgetnt) July 5, 2012

    Indiana and the Portland Trail Blazers have been locked in a staring contest over Hibbert and the Blazers max contract offer. The Pacers are waiting to see what the Blazers do with Nicholas Batum, their Restricted Free Agent who also has a max offer from the Minnesota Timberwolves.

    Of course, the Blazers have let Batum hang until they know what's happening with Hibbert.

    Surprisingly, neither team has opened their players up to sign-and-trade opportunities. This would allow them to at least get assets in return, should they not be willing to match.

    With such a huge market for Dwight Howard right now, one has to think their would be plenty of suitors for Roy Hibbert, should the Pacers make him available.

    -- End of Update--

    While Roy Hibbert is the young center that a team wants to build its franchise around, his restricted-free-agent status could end up costing the Indiana Pacers their big man.

    According to Sports Illustrated NBA insider Sam Amick, Portland Trail Blazers GM Larry Miller met with Roy Hibbert and laid out a possible max deal:

    Source: Portland GM Neil Olshey & team prez Larry Miller visited restricted free agent center Roy Hibbert tonight in DC, offered max deal

    — Sam Amick (@sam_amick) July 1, 2012

    If the Trail Blazers actually go through with this offer, the Pacers will have a chance to meet the offer or allow Hibbert to walk with some compensation. Indiana can’t let the big man go.

Marcus Camby (New York Knicks)

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    Update: Tuesday, July 10 -- Maxwell Ogden & Joel C. Cordes

    According to Adrian Wojnarowski of Yahoo! Sports, the New York Knicks and Houston Rockets have agreed to a trade:

    Houston and New York agreed on a sign-and-trade deal sending Douglas, Harrelson, Jordan to Rockets for picks, sources said.

    — Adrian Wojnarowski (@WojYahooNBA) July 9, 2012

    This deal appears to be in response to the Rockets' inability to sign a point guard this season and will also allow the Knicks to acquire Marcus Camby via a sign-and-trade:

    According to Adrian Wojnarowski of Yahoo! Sports, Marcus Camby has agreed to sign with the New York Knicks.

    Marcus Camby has reached agreement on a deal with the Knicks, league sources tell Y! Sports.

    — Adrian Wojnarowski (@WojYahooNBA) July 9, 2012

    The deal is a reported $13.2 million over the next three years. Camby will add great depth behind Tyson Chandler at the 5. He's an intelligent player who stays out of foul rouble and rebounds better than anyone currently on the Knicks roster.

    - Content for this update provided by Bleacher Report's New York Knicks offseason tracker.

J.R. Smith (New York Knicks)

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    UPDATE: Wednesday, July 11 -- Eric Ball

    J. R. Smith is officially returning to the Big Apple as Sports Illustrated's Sam Amick first reported: 

    Source says JR Smith has signed his deal with New York. First year $2.8 million, player option 2nd

    — Sam Amick (@sam_amick) July 11, 2012

    The Knicks will be throwing a ton of money around in free agency, but this is without a doubt a great deal for New York. 

    Update: Tuesday, July 10 -- Joel C. Cordes

    Though he struggled with consistency once returning from China to the NBA last season, J.R. Smith is still one of the best spark-plug bench scorers in the league.

    The New York Knicks just retained him on a very reasonable contract:

    J.R. Smith done seeking offers and has accepted #Knicks 20-percent bump to $2.8M. Second year is player option.

    — Marc Berman (@NYPost_Berman) July 10, 2012

    While New York is being maligned for their free-wheeling offseason—$40 million in contracts to Marcus Camby, Jason Kidd, Steve Novak and Smith, despite already being over the luxury tax—their money has largely been spent retaining their own.

    While the Knicks have yet to officially match Jeremy Lin's $31 million offer from the Houston Rockets, doing so also appears to be a foregone conclusion.

    Keeping J.R. Smith is not only savvy because he'll likely replace a departing Landry Fields (to the Toronto Raptors) as the starting shooting guard, but also because New York could not have found a better replacement at the league minimum salary: they only thing they'd have left to offer.

    - Content for this update provided by Bleacher Report's New York Knicks offseason tracker.

Ersan Ilyasova (Milwaukee Bucks)

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    UPDATE: Monday, July 9 -- Joel C. Cordes

    The Milwaukee Bucks have paid the cash in order to retain promising power forward Ersan Ilyasova according to the Milwaukee Journal Sentinel.

    Bucks GM John Hammond also confirmed that Ilysova would be back in 2013:

     

    #Bucks GM John Hammond:We intend to enter into a player contract with Ersan (Ilyasova) once the moratorium period has ended.

    — Milwaukee Bucks (@Bucks) July 9, 2012

    While Ersan's 13 points and 8.8 rebounds per game are not earth-shattering, his ability to stretch the floor, hit the glass and play with a high motor have endeared the 25-year old to Milwaukee fans and managment.

    He's put up those numbers in limited playing time, and the Bucks are literally banking on his production increasing with proportionate opportunity.

    Ilysova's contract is reportedly in the five year, $45 million range, which is a substantial raise over what Ryan Anderson signed with the New Orleans Hornets.

Goran Dragic (Phoenix Suns)

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    Update: Thursday, July 5 -- Joel C. Cordes

    Goran Dragic was the quirky understudy to Steve Nash for two seasons with the Phoenix Suns, but it was always uncertain whether he would be starting material.

    Then he left for the Houston Rockets and put that notion to rest. After taking over for an injured Kyle Lowry, Dragic started 28 games in 2012 and consistently showed the driving, shooting and passing ability he had flashed inconsistently during his previous seasons.

    Now, with Steve Nash out the door, the Suns have brought Dragic back: