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NBA Rumors: Latest Buzz About Trades and Free Agency from All 30 Teams

Adam FromalNational NBA Featured ColumnistJuly 2, 2012

NBA Rumors: Latest Buzz About Trades and Free Agency from All 30 Teams

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    Rumors of trades and free agency are flying fast and furious now that the NBA offseason has officially started. With the exception of a few, the teams of The Association are wheeling, dealing and maneuvering in an attempt to position themselves in the best possible way for the 2012-13 season and beyond. 

    Read on for the latest news about all 30 teams. 

Magic After Andrew Bynum in Dwight Howard Deal

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    Update: Sunday, July 8 at 8:15 p.m. ET

    Although the Dwight Howard for Andrew Bynum rumors continue to hold some water, the fact that Bynum might not sign an extension with the Orlando Magic is starting to poke some holes in the bucket carrying that water. 

    According to Yahoo! Sports' Adrian Wojnarowski, Bynum might not complete his end of the bargain: 

    Bynum has shown no inclination to agree to an immediate extension if sent to Orlando as part of a Dwight Howard package, sources tell Y!

    — Adrian Wojnarowski (@WojYahooNBA) July 8, 2012

    Do note that Wojnarowski isn't ruling out a possible extension, just alerting us to the fact that he might not sign that piece of paper. 

     

    Update: Friday, July 6 at 1:00 p.m. EDT by Maxwell Ogden

    According to Eric Pincus of HoopsWorld.com, the Los Angeles Lakers are no longer afraid of trading for Dwight Howard and receiving just one year of service. The Lakers, however, are reportedly confident that once Howard hits Los Angeles he'll decide that he wants to stay.

    Having him under Bird Rights would certainly help the cause.

    As Adrian Wojnarowski reports, the Orlando Magic remain interested in Andrew Bynum. This opens the door for the potential trade, which Los Angeles is no longer hesitant to execute. The question is, will they finally pull the trigger?

     

    Update: Tuesday, July 3 at 2:00 p.m. EDT by Matt Shetler

    More on the Howard to Lakers possible situation,  RealGM columnist Jarrod N. Rudolph says that the Lakers are prepared to offer Andrew Bynum and Metta World Peace in exchange for Howard, as long as Howard is willing to sign an extension in Los Angeles.

    Source: Lakers are prepared to offer the Andrew Bynum and Metta World Peace to the Magic for Dwight Howard provided Howard signs extension

    — Jarrod N Rudolph (@JRudolphSports) July 3, 2012

    Update: Tuesday, July 3 at 1:20 p.m. EDT by Matt Shetler

    With all the talk of Dwight Howard going to the Brooklyn Nets, it looks like Magic general manager Rob Hennigan has his eyes set on a deal to the Los Angeles Lakers, one that involves Lakers center Andrew Bynum.

    Yahoo! Sports Adrain Wojnarowski reports that the Magic are focusing on Bynum as their top trade target.

    As Orlando works to unload Dwight Howard, Magic focusing on Lakers' Andrew Bynum as top target, sources tell Y! Sports. Story soon on site.

    — Adrian Wojnarowski (@WojYahooNBA) July 3, 2012

    A Bynum- Howard deal probably makes the most sense for the Magic and it will be interesting to see if Howard will sign an extension if he is indeed dealt to the Lakers.

Magic Shopping Dwight Howard

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    Update: Tuesday, July 3 at 8:50 a.m. EDT by Matt Shetler

    Dwight Howard to the Brooklyn Nets might not be a done deal after all.

    CBS Sports Ken Berger reports that the Magic are trying to get other teams involved in the Howard sweepstakes.

    Orlando GM Rob Hennigan also trying to engage the Hawks, Rockets, Lakers and possibly Mavs in Howard talks. Full-court press.

    — Ken Berger (@KBergCBS) July 3, 2012

    The Hawks, Mavs, Lakers and Rockets will all possibly get to make their play at the All-Star center.

Tuesday's Buzz

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    Update: Tuesday, July 3 at 8:15 a.m. EDT by Matt Shetler

    On the job for just over a week, new Atlanta Hawks general manager Danny Ferry has cleared $90 million off the Hawks payroll and with only Al Horford and rookie John Jenkins on the payroll for the 2013-14 season, ESPN's John Hollinger writes that the Hawks could have their eyes on three big prizes.

    Josh Smith, Dwight Howard and Chris Paul could be targeted by Ferry for next season.

    Hollinger looks at the fact  that Smith and Howard are from Atlanta and Paul wanted to play in Atlanta coming out of college.

    All three can be free agents after this season.

    However, Ferry might not get the chance to make that happen as ESPN's Chris Broussard reports via Twitter that Howard may get his wish to be traded to the Brooklyn Nets after all.

    Broussard say that a deal is being discussed between the two franchises that would send Howard to Brooklyn in exchange for MarShon Brooks, Kris Humphries and Brook Lopez.

    Sources: The Nets & Magic are discussing a trade that would send Dwight Howard to Brooklyn for Briik Lopez, Kris Humphies, Marshon Brooks...

    — Chris Broussard (@Chris_Broussard) July 3, 2012

    Humphries and Lopez would be dealt via sign and trade deals and the presumed deal would also include three first-round picks (2013, 2015 and 2017).

Wednesday's Buzz

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    The Brooklyn Nets finally landed their man, signing point guard Deron Williams to a five-year, $100 million deal. The risk Billy King took bringing the star to the Nets has paid off in a big way.

    While the Phoenix Suns thought they had found a great guard in Eric Gordon to takeover for the departing Steve Nash, but the New Orleans Hornets have said they will match any offer the young star receives.

    The Boston Celtics reportedly agreed to a deal with Jason Terry, so the tweet from LeBron James about seeing Ray Allen on the Miami Heat may be coming to fruition.

    Don’t miss all of the NBA updates you need here as we will be updating throughout the action!

Thursday's Buzz

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    Update: Thursday, July 5 at 12:45 p.m. EDT by Matt Shetler

    As the point guard class thins out in a hurry, the Dallas Mavericks are one team that lost out on all the major free agents.

    According to Jeff Kaplan of ESPNDallas.com, the Mavs will turn back to Jason Kidd.

    Kaplan reports that sources with knowledge of the deal specifics told ESPN.com's Marc Stein that Kidd's contract will be a three-year deal worth $9 million, likely meaning Kidd will finish his career in the same place that he started it.

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

    Update: Thursday, July 5 at 11:10 a.m. EDT by Matt Shetler

    Jameer Nelson and the Magic have reached an agreement on a new contract, according to Joshua Robbins of the Orlando Sentinel.

    Jameer Nelson and the Orlando Magic have reached an agreement on a new deal, the @orlandosentinel has learned.

    — Josh Robbins (@JoshuaBRobbins) July 5, 2012

    Nelson turned down his player option entering the offseason, not wanting to play on an expiring contract.

    He didn't have a very good 2012 season, but the 30-year-old is still a capable point guard and has expressed a desire to stay in Orlando long-term.

    ----End of Update----

    Update: Thursday, July 5 at 8:05 a.m. EDT by Matt Shetler

    After losing out on point guard Steve Nash and potentially having to make a tough decision on current point guard Jeremy Lin, the Knicks have turned their attentions to free agent Raymond Felton.

    Frank Isola of the New York Daily News reports via Twitter that the Knicks have become the favorites to sign Felton.

    Knicks have emerged as favorites to sign Raymond Felton, the Daily News has learned.

    — Frank Isola (@FisolaNYDN) July 5, 2012

    It wouldn't be the first time Felton has signed with the Knicks as he signed with the franchise in 2011 and got off to a good start before being included in the Carmelo Anthony trade. Felton was a good fit in former head coach Mike D'Antoni's offense, but on paper doesn't seem like a great fit in Mike Woodson's slower attack.

    At minimum though, Felton would be the veteran backup that the Knicks are searching for to backup Lin, should they re-sign him.

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

Atlanta Hawks

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    Update: Friday, July 6 at 3:50 p.m. ET

    While this move would have nowhere near the same profile as the trades made during the first few days Danny Ferry spent at the helm of the organization, Anthony Randolph is drawing some interest from the Atlanta Hawks, according to Yahoo! Sports' Marc J. Spears: 

    Wolves free agent forward Anthony Randolph meeting with Atlanta Hawks this weekend, source tells Y! Dallas native meeting with Mavs Tuesday.

    — Marc J. Spears (@SpearsNBAYahoo) July 6, 2012

    Randolph has had a disappointing NBA career thus far, but his length, athleticism and forward designation no doubt have the Hawks salivating. 

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    Easily the biggest news for the Atlanta Hawks is the fact that they have agreed in principle to a deal that will take place on July 11, according to Sports Illustrated's Sam Amick

    Joe Johnson will be shipped off to the Brooklyn Nets in exchange for DeShawn Stevenson, Anthony Morrow, Jordan Williams, Johan Petro and Jordan Farmar as well as the Houston Rockets' future first-round pick (lottery-protected in 2013). 

    These contracts—with the exception of Stevenson's—are expiring and will give the Hawks plenty of financial flexibility in the near future after getting rid of Johnson's exorbitant contract.

    HOOPSWORLD's Alex Kennedy also reports that Marvin Williams has been traded to the Utah Jazz for Devin Harris:

    The Atlanta Hawks have traded Marvin Williams to the Utah Jazz in exchange for Devin Harris, source confirms.

    — Alex Kennedy (@AlexKennedyNBA) July 2, 2012

    New general manager Danny Ferry isn't afraid to make the deals right away. 

    Former Wisconsin guard and undrafted free agent Jordan Taylor will be joining the Hawks' Summer League team. 

    The Hawks are looking to retain the services of restricted free agent Ivan Johnson and have extended a qualifying offer to the power forward. 

    As always, Josh Smith remains on the trading block, but the Hawks turned down a deal with the Los Angeles Lakers—one that would have brought Pau Gasol to Atlanta—because the asking price was too high. 

Boston Celtics

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    UPDATE: Friday, July 6 at 11:10 p.m. ET by Austin Green

    Ray Allen has spurned the Boston Celtics to join their bitter rivals, the Miami Heat.

    Heat owner Micky Arison gleefully tweeted the news Friday:

    Its 2:30am in London and I was just woken up with great news.Welcome to the family #20!!

    — Micky Arison (@MickyArison) July 7, 2012

    The Celtics offered Allen more money than the Heat, but Miami likely gives him a better chance to win another championship. As Adrian Wojnarowski of Yahoo! Sports reported, Allen also may have wanted to get away from Rajon Rondo.

    The deterioration of Ray Allen's relationship with Rajon Rondo played a significant factor in his leaving for Miami, several sources tell Y!

    — Adrian Wojnarowski (@WojYahooNBA) July 7, 2012

    This is an unfortunate development for the Celtics, as their biggest enemy is now even more powerful. With Allen spotting up for threes while LeBron James, Dwyane Wade and Chris Bosh attack the paint, the Heat's offense will be nearly unstoppable next season.

    Luckily, Boston agreed to a deal with Jason Terry this summer, so Allen's absence won't be crippling to the Celtics' roster.

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

    Update: Friday, July 6 at 3:55 p.m. ET

    The Boston Celtics look like they'll be retaining two forwards for the near future. 

    Sports Illustrated's Sam Amick reports that an offer will most likely be extended to Jeff Green, who sat out the entire 2011-2012 season following his trade from the Oklahoma City Thunder to the Celtics. Although it isn't official yet, the contract is supposed to be for four years and worth around $40 million.

    Things have progressed a bit further with Brandon Bass and the sweet-shooting forward has agreed to a three-year deal for about $20 million, according to the Patriot Ledger's Jim Fenton.  

     

     

    Update: Wednesday, July 4 at 4:00 p.m. ET

    The rumored agreement between the Boston Celtics and Jason Terry is now an official verbal agreement, one that will send the sharpshooting sixth man from west to east. 

    ESPN's Jeff Caplan and Marc Stein report that the two sides have come together and the official deal will be signed on July 11, or shortly thereafter. The Dallas Mavericks are not likely to match the deal as Mark Cuban's franchise looks to gain more financial flexibility. 

    Mavericks president of basketball operations Donnie Nelson gave what should serve as Jet's farewell address as he moves closer to changing locations: 

    What Jet did for this city and franchise will never be forgotten. He's one of the greatest clutch performers in the history of our game and even a better person. We wish him nothing but the very best.

    Boston isn't only focused on bringing in new players though. The pursuit of Ray Allen continues, as do the efforts to keep Brandon Bass. 

    Bass' agent Tony Dutt has communicated with the organization and said that things went smoothly, according to The Boston Herald.

     

    Update: Tuesday, July 3 at 4:00 p.m. ET

    According to ESPN's Jeff Caplan and Marc Stein, the Boston Celtics and free agent guard Jason Terry are close to reaching an agreement that would bring the high-scoring sixth man to Boston.

    Boston is reported to be offering the full mid-level exception of $5 million annually over the length of the three-year contract.

    Terry is a restricted free agent, which gives the Dallas Mavericks the ability to match the C's' offer, but sources told Caplan and Stein that Mark Cuban is into financial flexibility and unlikely to do so during this offseason.

    The move is also not expected to affect the pursuit of Ray Allen as Boston still desires his services for the 2012-2013 season.  

    --------------------------------

    One of the elder statesmen of the power forward position, Kevin Garnett will be wearing Celtic green yet again during the 2012-13 season. As reported by Yahoo! Sports' Marc J. Spears, Garnett has signed a three-year, $34 million deal to remain with the Boston Celtics

    It shouldn't come as much of a surprise that KG is returning to his old stomping grounds, although the length of the deal does seem like a bit much.

    With Garnett signed, the priority in Boston is now ensuring the return of shooting guard Ray Allen. 

    Boston is reportedly considering a two-year, $12 million guaranteed contract that would top the lower offers from the Miami Heat and Memphis Grizzlies, although those are most assuredly not the only teams in pursuit of the sharpshooter. 

    Mickael Pietrus would like to return to the Celtics as an unrestricted free agent. Greg Stiemsma has a similar option and would like to continue playing in a Boston uniform as well. 

    The Celtics have expressed interest in the following players during the free-agency period: Gerald Green, Jamal Crawford, O.J. Mayo, Nick Young and Jason Terry. Marcus Camby has chosen the Celtics as one of his final six options. 

Brooklyn Nets

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    Update: Sunday, July 8 at 8:00 p.m. ET

    The Brooklyn Nets are emerging as a frontrunner for the Marcus Camby's services, according to Yahoo! Sports' Adrian Wojnarowski: 

    New York and Brooklyn are frontrunners in sign-and-trade talks to acquire Houston's Marcus Camby, league sources tell Y!

    — Adrian Wojnarowski (@WojYahooNBA) July 8, 2012

    Camby might be 38 years old, but he's still one of the league's elite rebounders and would bring a tough, hard-nosed presence to this squad. It seems as though he's determined to play in The Big Apple at this point. 

     

    Update: Friday, July 6 at 4:00 p.m. ET

    Derek Fisher has tasted success and now he wants more of it. After spending part of the season with the Oklahoma City Thunder, Fisher will either return to his most recent squad or go to one of four other teams, according to the New York Times's Howard Beck. 

    Those teams are the Brooklyn Nets, Chicago Bulls, Cleveland Cavaliers and New York Knicks, although the Knicks might not be a strong option anymore. 

     

    Update: Thursday, July 4 at 4:00 p.m. ET

    The Brooklyn Nets have already agreed to a contract with Mirza Teletovic, the Bosnian forward who is general considered one of the best players in Europe, but they're still after Ersan Ilyasova. 

    Fred Kerber of the New York Post reports that league sources have noticed communication between the power forward and the active franchise, although signing Ilyasova might be a way of giving up on the Dwight Howard pursuit. 

     

    UPDATE: Wednesday, July 4, 7:30 a.m. ET by Donald Wood

    The Deron Williams saga is officially over, as the veteran point guard has signed a five-year, $100 million deal to keep him with the Brooklyn Nets.

    Yahoo! Sports Adrian Wojnarowski is reporting about the biggest name in the 2012 free agent class and where he landed:

    Brooklyn, Deron Williams agree on five-year, $100M contract extension. tinyurl.com/7yskjg3

    — Adrian Wojnarowski (@WojYahooNBA) July 4, 2012

    There was little doubt that Williams had his mind set on two teams, but the popular consensus was that he always intended to stay in Brooklyn. The Nets future is starting to look very bright.

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

     

    Update: Tuesday, July 3 at 4:00 p.m. ET

    The Brooklyn Nets aren't done acquiring new players. They can't be, seeing as their roster is still almost entirely gutted. 

    As a follow-up to acquiring Joe Johnson from the Atlanta Hawks, Billy King has agreed in principle to a sign-and-trade with the Los Angeles Clippers that will bring rebounding specialist Reggie Evans to the newly relocated franchise. 

    Here's Yahoo! Sports' Adrian Wojnarowski with all the details: 

    Brooklyn has agreed to a 3-year, $5M sign-and-trade for Reggie Evans, sources tell Y! The Clippers will get a distant future 2nd round pick.

    — Adrian Wojnarowski (@WojYahooNBA) July 3, 2012

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    Joe Johnson has been traded in principle to the Brooklyn Nets, according to Sports Illustrated's Sam Amick.

    The deal—which can't actually be made until July 11—sends Johnson to the Nets for DeShawn Stevenson, Anthony Morrow, Jordan Williams, Johan Petro and Jordan Farmar as well as the Houston Rockets' future first-round pick (lottery-protected in 2013). 

    According to the New York Daily News' Stefan Bondy, the Brooklyn Nets will meet with Deron Williams after the Dallas Mavericks, giving them the opportunity to let the recent effort come into play. They'll most likely drive home the fact that the team can offer $26 million more than the Mavericks. 

    This offseason (and really most of last season) has been all about convincing the All-Star point guard to remain with the franchise as it changes locations from New Jersey to Brooklyn.

    Although Dwight Howard claims he never said the Orlando Magic "blackmailed" him, he has reportedly narrowed down his list of potential destinations to just one: Brooklyn. 

    Orlando may remain optimistic that the Magic can continue to send out D12 in their uniform, but it's not looking good:

    "There's only one team on my list and if I don't get traded there, I'll play the season out and explore my free agency after that."

    Despite these new reasons for optimism, the Nets are no longer counting on acquiring Howard's services and exploring all their other options. 

    This is a good thing since a Howard trade appears unlikely after the Johnson trade. 

    The Nets have re-signed Gerald Wallace to a four-year, $40 million contract. 

    Finally, Steve Nash met with the Brooklyn brass on Monday as every team tries to win his services for next season. 

Charlotte Bobcats

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    Update: Tuesday, July 3 at 4:00 p.m. ET

    The Charlotte Bobcats' search for assistant coaches seems to be taking a more firm shape. 

    According to CSN Chicago's Mark Strotman, Bulls assistant coach Rick Brunson has joined Mike Dunlap's staff in Charlotte. This will be Brunson's third role in the NBA.

    The USA Today also reports that former player Stacey Augmon is another candidate for a role under Dunlap. According to the Associated Press' source, the Bobcats do not intend to retain either Rob Werdann or Ralph Lewis, although they are attempting to keep Stephen Silas. 

    Augmon has been interviewed by the team and may soon have a role.

    On the free agency front, the Bobcats are expressing a lot of interest in Cleveland Cavaliers free agent forward Antawn Jamison. 

    Yahoo! Sports' Marc J. Spears has the scoop on the local favorite, dating back to his time with the North Carolina Tar Heels: 

    Free agent Antawn Jamison, an ex-North Carolina star, will be visiting the very interested Charlotte Bobcats on Thur and Fri,source tells Y!

    — Marc J. Spears (@SpearsNBAYahoo) July 3, 2012

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    The Charlotte Bobcats have yet to make much news in the NBA world this offseason, but they do have their eyes on two major free agents thus far. 

    Rick Bonnell of the Charlotte Observer reported that the Bobcats are interested in J.J. Hickson, a young journeyman-ish power forward who last played for the Portland Trail Blazers: 

    #Bobcats have expressed interest in former N.C. State big man J.J. Hickson, agent Andy Miller confirms to Observer.

    — Rick Bonnell (@rick_bonnell) July 2, 2012

    The Blazers did not extend a qualifying offer to Hickson, so they do not have the right to match offers for his services. 

    Charlotte is also at least going through the motions with Eric Gordon and plans to meet with the restricted free agent. One of the better shooting guards in the league, Gordon is expected to end up with the New Orleans Hornets, who should match the inevitable four-year, $58 million max deal he'll receive. 

Chicago Bulls

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    Update: Friday, July 5 at 4:00 p.m. ET

    After spending part of the season with the Oklahoma City Thunder, Derek Fisher will either return to his most recent squad or go to one of four other teams, according to the New York Times's Howard Beck. 

    Those teams are the Brooklyn Nets, Chicago Bulls, Cleveland Cavaliers and New York Knicks, although the Knicks might not be a strong option anymore. 

     

    Update: Wednesday, July 4 at 4:10 p.m. ET

    The ankle that Joakim Noah sprained during the Chicago Bulls' injury-plauged first-round exit from the playoffs is still bothering him. Noah is tough enough that he tried to play on it during the postseason, but he's making the wise decision to let it fully heal this summer. 

    K.C. Johnson of the Chicago Tribune reports that Noah is holding himself out of the Olympics and will not play for the French national team. This is great news for the Bulls, who don't want to risk losing one of their best players for any longer than they have to.

    The Daily Herald's Mark McGraw has also helped make the free agency picture a little bit clearer for the Bulls as he informs us that Courtney Lee is now a primary target. 

    Lee was once offered in a trade for Omer Asik, but the Bulls may acquire him two years later. The shooting guard is now an unrestricted free agent after the Houston Rockets rescinded their original qualifying offer.  

     

    Update: Tuesday, July 3 at 4:00 p.m. ET

    The Chicago Bulls are still working to find a point guard who can replace Derrick Rose while the former MVP sits out with an ACL injury. 

    Bill Ingram of HOOPSWORLD reports that Rafer Alston and Kirk Hinrich are two of the names that have been coming up, especially after the Chicago Tribune's K.C. Johnson reported that the former will attend the Bulls mini-camp.

    Veteran point guard Derek Fisher has also been contacted by the Bulls, as told by ESPN's Ramona Shelbourne and Nick Friedell.

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    The Chicago Bulls haven't made any noise on any trading fronts since the Luol Deng situation leading up to the 2012 NBA Draft, but they are dealing with some free agents. 

    Omer Asik has reached an agreement with the Houston Rockets for a three-year, $25.1 million contract, according to Yahoo! Sports' Adrian Wojnarowski. Since he is a restricted free agent, the Bulls will have three days after the offer sheet is signed on July 11 to match the offer and retain the services of the big man. 

    Gar Forman makes it sound like the Bulls are going to match, as relayed by the Chicago Tribune's K.C. Johnson: 

    In regards to Omer, obviously I've seen reports of an offer. But we haven't seen anything yet. I don't want to speculate until we actually we see something. We've made it clear we value Omer and it's been our goal that Omer would stay with the Bulls. I'm not going to talk about any type of negotiation or anything contractually until we see something.

    Johnson also tweets that there is some interest in retaining Kyle Korver, although the situation won't be resolved until after Asik's home is decided: 

    Bulls have not ruled out picking up Kyle Korver's $5 million option, though that situation won't be settled until Asik's price is set.

    — K.C Johnson (@KCJHoop) July 1, 2012

    Yahoo! Sports' Adrian Wojnarowski reports that Chicago is one of the five finalists for Brandon Roy. 

    Tom Thibodeau thinks Luol Deng may not need surgery on his wrist after the Olympics, meaning that the All-Star small forward would be healthy for camp. 

    And peaking of Thibodeau, contract talks between Chicago management and the head coach have stalled around the issues of contract length and value. 

Cleveland Cavaliers

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    Update: Friday, July 5 at 4:00 p.m. ET

    After spending part of the season with the Oklahoma City Thunder, Derek Fisher will either return to his most recent squad or go to one of four other teams, according to the New York Times's Howard Beck. 

    Those teams are the Brooklyn Nets, Chicago Bulls, Cleveland Cavaliers and New York Knicks, although the Knicks might not be a strong option anymore. 

     

    Update: Thursday, July 5 at 4:10 p.m. ET

    CSKA Moscow point guard Alexey Shved has received contract offers from three teams in the NBA: the Cleveland Cavaliers, Memphis Grizzlies and Minnesota Timberwolves. 

    According to RIA Novosti, Shved's decision will come down to who can offer him the most playing time, although it'll be tough for him to choose until he travels to the United States after the Olympics are over. 

     

    UPDATE: Wednesday, July 4, 7:30 a.m. ET by Donald Wood

    While it isn’t the prototypical blockbuster move Cleveland fans wanted, the Cavaliers have ensured bench depth with the re-signing of Luke Harangody.

    Yahoo! Sports Adrian Wojnarowski is reporting on Twitter about Harangody signing the Cavs offer sheet:

    Luke Harangody has signed his $1.1 million qualifying offer to stay with the Cleveland Cavaliers, league source tells Y! Sports.

    — Adrian Wojnarowski (@WojYahooNBA) July 4, 2012

    Harangody is a nice player that adds depth and strength when on the floor with a second unit, and his price tag reflects that. This is a solid signing that is smart financially for both parties.

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

     

    Update: Tuesday, July 3 at 4:30 p.m. ET

    The Cleveland Cavaliers have interest in retired shooting guard Brandon Roy, the former Portland Trail Blazers star who is attempting a return to the NBA. 

    Tom Withers informs us that the Cavaliers are indeed interested, but have not yet set up a meeting with the free agent. 

    -------------------------

     

    The Associated Press reports that the Cleveland Cavaliers have extended qualifying offers to three players on last year's squad. 

    Alonzo Gee is the biggest name of the bunch and commands a price tag of $2.7 million. The other two are Luke Harangody ($1 million) and Semih Erden (undisclosed amount). 

    Alex Kennedy of HOOPSWORLD and Sam Amico of FOX Sports, respectively, have reported that the Cavs have interest in Jonny Flynn and Sonny Weems.

    Undrafted free agent Kevin Jones out of West Virginia has signed with the Cavs and should receive the team's final roster spot. 

    Cleveland waived 22-year-old guard Manny Harris on Monday afternoon. 

Dallas Mavericks

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    Update: Thursday, July 5 at 4:45 p.m. ET

    So much for that last update as Jason Kidd has agreed to a deal with the New York Knicks, according to ESPN's Marc Stein. 

     

    Update: Thursday, July 5 at 4:15 p.m. ET

    The Dallas Mavericks have been one of the biggest losers in free agency as Jason Terry appears to be departed to the Boston Celtics and Mark Cuban and the Mavs brass have failed to land a premier point guard. 

    Now, they're close to keeping Jason Kidd as the primary floor general option, according to ESPN's Jeff Caplan. 

    Despite the fact that Kidd is already 39 years old, a three-year deal for $9 million is in the works. 

     

    Update: Wednesday, July 4 at 4:15 p.m. ET

    With Deron Williams no longer an option after he came to terms with the Brooklyn Nets, the Dallas Mavericks are shifting to the backup options in their seemingly never-ending search for a new point guard. 

    Although the team hasn't made up its mind concerning Goran Dragic, the Mavs will heavily pursue both Jeremy Lin and Steve Nash, according to ESPN's Jeff Caplan. 

    Caplan also reports that Delonte West's path back to Dallas has been made a bit more walkable after Williams' decision and the expected departure of Jason Terry to the Boston Celtics. 

    West is looking for a reasonable multiyear deal after playing for one-year, minimum contracts each of the past two seasons.

    -------------------------- 

     

    The Dallas Mavericks' No. 1 priority throughout the season has been and will remain to be convincing Deron Williams to join forces with Dirk Nowitzki. 

    ESPN's Marc Stein reports that the Mavericks will meet with the All-Star point guard on Monday before the Brooklyn Nets have an opportunity to talk to him. Although Dallas can offer significantly less money than its Brooklyn-based counterpart, the Mavs are still attempting to convince Williams to play for Mark Cuban's team. 

    The Mavericks have expressed interest in quite a few free agents thus far: 

    CBS' Ken Berger tweets that the Mavericks are looking at unrestricted free agent Michael Beasley. 

    ESPN's Jeff Caplan reports that Dallas is also considering adding Anthony Randolph to the squad. 

    Yahoo! Sports' Marc J. Spears tweets that the Mavericks are one of the many teams interested in Josh Howard. 

    Yahoo! Sports' Adrian Wojnarowski reports that Dallas is one of the five finalists for Brandon Roy. 

    Marcus Camby has chosen the Mavericks as one of his final six options. 

Denver Nuggets

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    Update: Wednesday, July 4 at 4:20 p.m. ET

    Rudy Fernandez only played in 31 games for the Denver Nuggets this past season, his fourth in the NBA, but he's done playing in The Association.

    The news comes from Fernandez's twitter feed:

    Mañana s confirma mi fichaje por el Real Madrid por 3 temporadas!! Muy feliz de volver!! Ya os contare pq he tomado esta decision!! Abrazo

    — Rudy Fernandez (@rudy5fernandez) July 3, 2012

    My Spanish is lackluster at best, but here's a rough translation of the guard's message: "Tomorrow I confirm my move to Real Madrid for three seasons.!! Very happy about the return!!" I will tell you that I have already made this decision!! Hugs"

    -----------------------

     

    Andre Miller was one of the best back-up point guards in all of the NBA last season and will continue to come off the bench for the Denver Nuggets next season. Yahoo! Sports' Marc J. Spears has reported that the Nuggets and Miller have agreed to a three-year deal.

    Other than the Miller signing, the only news out of the Denver camp has been the following tweet from Spears' colleague, Adrian Wojnarowski:

    Denver GM Masai Ujiri will meet with JaVale McGee's reps to discuss extension in Los Angeles on Monday, sources tell Y! Sports.

    — Adrian Wojnarowski (@WojYahooNBA) July 1, 2012

Detroit Pistons

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    Update: Tuesday, July 3 at 4:30 p.m. ET

    The only big news in the Detroit Pistons camp has been in the front offices. 

    Detroit decided to promote George David to the role of assistant general manager, according to the Detroit Free Press' James Jahnke: 

    “We are pleased to announce the promotion of George David to assistant general manager,” president of basketball operations Joe Dumars said in a released statement. “George has played a significant role for our basketball operations team in coordinating our draft preparation, scouting, free agent analysis and administration. He will do a great job in his new position.”

    David, who enters his 15th season with the Pistons, will direct the day-to-day operations of the basketball department, handling player personnel issues, assisting in roster development and coordinating league- and company-wide administrative duties.

    ----------------------------

     

    The Detroit Pistons expect to sign Kyle Singler and make last year's 33rd pick the newest addition to their rookie class, according to the Associated Press. Singler had chosen to play in Spain during the lockout and is only now going to begin his post-Duke career in the NBA. 

    Detroit, according to ESPN's Marc Stein, has also come to a verbal agreement to sign Ukranian center Vyacheslav Kravtsov. The big man is almost 25 years old and averaged 10.6 points and 5.5 rebounds per game last season in limited action for BC Donetsk in the Ukranian League. 

Golden State Warriors

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    UPDATE: Wednesday, July 4, 7:30 a.m. ET by Donald Wood

    After withdrawing from the Dwight Howard marathon, the Golden State Warriors have now set their sights on retired NBA star Brandon Roy.

    The Contra Costa Times is reporting about the reported meeting between the team and Roy:

    The Warriors met with free agent guard Brandon Roy on Sunday, according to league sources. Golden State is hoping to set up another meeting with the former Portland Trail Blazers’ all-star, possibly later this week.

    While this isn’t the kind of blockbuster move that changes the landscape of a franchise, the Warriors were silly to have even considered trading everything for a rental like Howard. Roy would be a nice addition that wouldn’t ruin the organization’s future.

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

     

    Update: Tuesday, July 3 at 4:40 p.m. ET

    The Golden State Warriors are no longer pursuing Dwight Howard. 

    As reported by NBA.com's Scott Howard-Cooper, the Dubs have dropped out of the sweepstakes for the best center in the league. 

    -----------------------------

     

    J.J. Hickson is one of the Golden State Warriors' biggest targets this free-agency period, and Sam Amico reports that they're the clear favorites for acquiring the power forward. 

    The Dubs are also interested in Brandon Roy, the retired shooting guard who is looking to make his return to the league. According to Yahoo! Sports' Adrian Wojnarowski, Golden State is one of the five finalists on Roy's list of teams. 

    In their never-ending quest to find depth in the frontcourt, Golden State is also interested in Jordan Hill, as reported by Marcus Thompson II of the Mercury News.

    Golden State is still interested in Dwight Howard, even if he won't sign an extension. 

    Stephen Curry won't be receiving an extension this year, presumably due to his numerous injury problems. 

Houston Rockets

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    Update: Friday, July 6 at 4:05 p.m. ET

    Jeremy Lin has agreed to the terms set forth in his potential contract with the Houston Rockets, according to Frank Isola of the New York Daily News.

    The contract spans four years and is worth $28.9 million. Moreover, it is backloaded with Lin set to make $9.3 million in each of the final two seasons he'd be under contract.

    It has the "poison pill" designation and the New York Knicks will still have an opportunity to match the deal, making it unlikely that Lin will ever put on a Rockets uniform.  

     

    Update: Thursday, July 5 at 4:20 p.m. ET

    The Houston Rockets have been busy when it comes to point guards, as the starter and the backup are gone but a new replacement may be coming in. 

    Kyle Lowry, the Rockets starter last season before a bacterial infection took him out, was traded to the Toronto Raptors, per Marc Stein of ESPN, for Gary Forbes and a future first-round pick.

    Goran Dragic is also departing for greener pastures, although these pastures are found in the desert and only green in a metaphorical sense. The Houston Chronicle's Jonathan Feigen reports that the Phoenix Suns and Dragic have agreed to a four-year contract worth $30 million.

    In an effort to replace that dynamic duo of point guards, the Rockets have reportedly offered Jeremy Lin a backloaded contract worth $31 million, according to Marc Berman of the New York Post

    Yesterday, Morey showed Lin Houston and took him out for dinner, where he was offered a three-year deal with a fourth-year player option that would total at least $31 million.

    The first two years are at $5 million and $5.2 million with the backloaded “poison pill’’ coming in the third and fourth years, when the salary was to jump to about $10.5 million to create luxury-tax hardship for the Knicks.

     

    Update: Tuesday, July 3 at 4:45 p.m. ET

    ESPN's Chris Broussard tweeted that the Portland Trail Blazers are meeting with restricted free agent shooting guard Eric Gordon. However, it still remains unlikely that Gordon goes anywhere but New Orleans this offseason. 

    Likewise, it appears unlikely that the Rockets will bring back Goran Dragic, according to ESPN's Marc Stein. The point guard and the Rockets are far apart in their negotiations, as Dragic wants at least $10 million annually and expects to be the starting point guard, something that won't happen while Kyle Lowry is with the team. 

    Perhaps in anticipation of losing Dragic, the Rockets will meet with Jeremy Lin on Wednesday. NY Daily News' Frank Isola reports that Houston wants the breakout point guard back after cutting him last season. 

    ------------------------

     

    Daryl Morey has met with Goran Dragic and fully intends to bring back the breakout point guard after his sensational job filling in for Kyle Lowry during the 2011-12 season. Dragic is interested in coming back to Houston as well, but we'll see how this situation plays out. 

    Houston and restricted free agent Omer Asik have also agreed to a three-year, $25 million contract that will be signed on July 11. The Chicago Bulls will have a three-day window to match the offer. 

    Asik presumably isn't the only target on the roster; the Associated Press also reports that Marcus Camby is being considered in unrestricted free agency. Camby has chosen the Rockets as one of his final six options.  

    The Rockets are still attempting to trade for Dwight Howard, most likely by using a number of their newly acquired young players. 

    Kevin Martin's services are expected to be retained for next season, although he's by no means off the block. 

    Houston has also added Zoran Dragic and Scott Machado to the Summer League roster. 

Indiana Pacers

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    Update: Friday, July 6 at 4:10 p.m. ET

    The Indiana Pacers are looking for a backup shooting guard and appear to be turning in the direction of either O.J. Mayo or Courtney Lee, according to the Indianapolis Star's Mike Wells. 

    Wells leans towards Lee as the favorite for the job, due to Mayo's expected price tag and Lee's increased ability to accept a role that involves coming of the bench. 

    He also reports that Indiana is still trying to decide whether or not to match Portland's offer sheet for Roy Hibbert. 

    -------------------------------------

     

    Yahoo! Sports' Adrian Wojnarowski reports that Indiana is one of the five finalists for Brandon Roy, but New Orleans is expected to match any offer, so this is news that won't matter for too long if it happens.

    Much more important to the Indiana Pacers is the status of two key contributors who spent last season with the team.

    Sports Illustrated's Sam Amick reports that the Portland Trail Blazers have offered Roy Hibbert a max contract of four years and $58 million. The All-Star center is reportedly leaning toward signing the offer sheet and forcing the Pacers to match during the three-day window after July 11.   

    There's better news on the George Hill front, though, as the Pacers and Hill have agreed to a five-year deal, according to Mike Wells of the Indianapolis Star.

Los Angeles Clippers

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    Update: Thursday, July 5 at 4:30 p.m. ET

    The Los Angeles Clippers have signed two veteran guards to provide depth behind Chris Paul and some much-needed consistent scoring off the bench. 

    Jamal Crawford, who previously opted out of his contract with the Portland Trail Blazers, will be moving southward to L.A. for a three-year contract worth $15.7 million, according to the Los Angeles Times' Broderick Turner. 

    Turner also reports that the Clippers are keeping Chauncey Billups—who missed the most crucial part of the last season after suffering an injury to his left Achilles—on a one-year contract worth up to $4.3 million if Billups hits all the bonuses.  

     

    Update: Wednesday, July 4 at 4:30 p.m. ET

    New Los Angeles Clippers acquisition Lamar Odom will not be playing for his country during the upcoming Olympic festivities in London. 

    USA Basketball, through ESPN, reveals that Odom has withdrawn his name from consideration for the US National Team. No reason has been given, but this leaves 15 players competing for 12 spots. 

     

    Update: Tuesday, July 3 at 4:50 p.m. ET

    Here's Yahoo! Sports' Adrian Wojnarowski with all the details on the sign-and-trade between the Los Angeles Clippers and Brooklyn Nets: 

    Brooklyn has agreed to a 3-year, $5M sign-and-trade for Reggie Evans, sources tell Y! The Clippers will get a distant future 2nd round pick.

    — Adrian Wojnarowski (@WojYahooNBA) July 3, 2012

    The Clippers will also be meeting with free agent shooting guard Ray Allen on Friday as L.A. and the Miami Heat continue to pursue his services. 

    -------------------------

     

    Blake Griffin has agreed to a five-year extension with the Los Angeles Clippers, according to ESPN's Ramona Shelbourne.

    This ensures that the most marketable player on the team remains with the squad for quite some time as he continues to improve and become a more well-rounded player. 

    HoopsRumors.com also reveals that the Clippers have interest in a number of free agents: Jamal Crawford, Chauncey Billups, Randy Foye and Nick Young.

Los Angeles Lakers

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    Update: Friday, July 6 at 1:00 p.m. EDT by Maxwell Ogden

    According to Eric Pincus of HoopsWorld.com, the Los Angeles Lakers are no longer afraid of trading forDwight Howard and receiving just one year of service. The Lakers, however, are reportedly confident that once Howard hits Los Angeles he'll decide that he wants to stay.

    Having him under Bird Rights would certainly help the cause.

    As Adrian Wojnarowski reports, the Orlando Magic remain interested in Andrew Bynum. This opens the door for the potential trade, which Los Angeles is no longer hesitant to execute. The question is, will they finally pull the trigger?

     

    Update: Thursday, July 5 at 4:35 p.m. ET 

    The Los Angeles Lakers completed the most surprising move of the free agency period, keeping their core together—so far at least—while obtaining yet another All-Star caliber player. 

    As reported by the Associated Press through Sports Illustrated, Nash is moving from the Phoenix Suns to the Lakers in exchange for first-round picks in 2013 and 2015 and second-rounders in 2013 and 2014. Nash will have a contract worth $27 million over three years. 

    If the Lakers weren't title contenders already, they certainly are now. 

     

    UPDATE: Wednesday, July 4, 7:30 a.m. ET by Donald Wood

    The Los Angeles Lakers had a big day before the Fourth of July. Not only are they now considering moving Metta World Peace, the organization has thrown their hat in the Steve Nash mix.

    NBA.com’s David Aldridge is reporting about the Lakers’ offseason plans now:

    While the Toronto Raptors and New York Knicks have made strong pushes for free-agent guard Steve Nash, the Los Angeles Lakers have quietly entered the fray for the 38-year-old guard and are making a strong bid to acquire him, according to a league source… The Lakers have also been looking to rid themselves of forward Metta World Peace, who has two years and $15 million remaining on his deal. But the Suns aren’t believed to be interested in World Peace.

    That is some big news from an organization that has remained relatively quiet. Before all is said and done this offseason, the Lakers will have greatly revamped their team.

    While getting Nash is a bit farfetched, a sign-and-trade deal that would include Metta World Peace could be the ultimate deal to make everything work here.

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

     

    Update: Tuesday, July 3 at 2:00 p.m. ET

    More on the Howard to Lakers possible situation,  RealGM columnist Jarrod N. Rudolph says that the Lakers are prepared to offer Andrew Bynum and Metta World Peace in exchange for Howard, as long as Howard is willing to sign an extension in Los Angeles.

    Source: Lakers are prepared to offer the Andrew Bynum and Metta World Peace to the Magic for Dwight Howard provided Howard signs extension

    — Jarrod N Rudolph (@JRudolphSports) July 3, 2012

    Update: Tuesday, July 3 at 1:20 p.m. ET

    With all the talk of Dwight Howard going to the Brooklyn Nets, it looks like Magic general manager Rob Hennigan has his eyes set on a deal to the Los Angeles Lakers, one that involves Lakers center Andrew Bynum.

    Yahoo! Sports Adrain Wojnarowski reports that the Magic are focusing on Bynum as their top trade target.

    As Orlando works to unload Dwight Howard, Magic focusing on Lakers' Andrew Bynum as top target, sources tell Y! Sports. Story soon on site.

    — Adrian Wojnarowski (@WojYahooNBA) July 3, 2012

    A Bynum- Howard deal probably makes the most sense for the Magic and it will be interesting to see if Howard will sign an extension if he is indeed dealt to the Lakers.

    ---------------------------

     

    It's all about finding a veteran point guard to lead the charge for the Los Angeles Lakers right now, unless they can trade for Dwight Howard.

    Dave McMenamin of ESPN reports that the Lakers have reached out to Ramon Sessions, and talks went well. McMenamin relayed the following quote from Sessions' agent: 

    "Our discussion was cordial and I'm looking forward to talking to Mitch again in the near future," Karnes told ESPNLosAngeles.com. "I'm satisfied with tonight and looking forward to continue this process in the next few days."

    If the Sessions option doesn't work out, the Lakers are also looking at Jameer Nelson, Kirk Hinrich and Chauncey Billups. 

    Additionally, L.A. is expressing some interest in acquiring Brandon Rush from the Golden State Warriors. 

     

Memphis Grizzlies

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    Update: Sunday, July 8 at 10:30 p.m. ET

    Darrell Arthur has reached a verbal agreement with the Memphis Grizzlies that will keep him in the same uniform for two more years with an option for a third. 

    According to ESPN's Chris Vernon, the deal is worth between $9 and $10 million: 

    SCOOP:Grizzlies will sign Darrell Arthur to 2 yr deal (w/ 3rd yr option) - deal worth $9-10 mil total

    — Chris Vernon (@ChrisVernonShow) July 9, 2012

     

    Update: Thursday, July 5 at 4:10 p.m. ET

    CSKA Moscow point guard Alexey Shved has received contract offers from three teams in the NBA: the Cleveland Cavaliers, Memphis Grizzlies and Minnesota Timberwolves. 

    According to RIA Novosti, Shved's decision will come down to who can offer him the most playing time, although it'll be tough for him to choose until he travels to the United States after the Olympics are over. 

    ----------------------------

     

    While CBS Sports' Royce Young reports that the Memphis Grizzlies didn't extend O.J. Mayo a qualifying offer, thus making him an unrestricted free agent; the team did extend offers to Marreese Speights and Darrell Arthur.

    The team also has offered its full mid-level exception to Ray Allen. As ESPN shares, this is worth $5 million and goes for the course of two years, thus beating out the Miami Heat's mini mid-level exception. 

Miami Heat

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    Update: Sunday, July 8 at 11:20 p.m. ET

    The Miami Heat aren't done looking to add depth at each and every position. 

    John Lucas III is the latest target, presumably so that LeBron James can jump over him in practice. ESPN's Brian Windhorst reported the interest:

    Heat interested in free agent PG John Lucas III, sources tell ESPN. Story will be posted soon.

    — Brian Windhorst (@WindhorstESPN) July 9, 2012

     

    UPDATE: Friday, July 6 at 11:22 p.m. ET by Austin Green

    The defending NBA champion Miami Heat will be even more dangerous next season, as they agreed to a deal with sharpshooter Ray Allen on Friday.

    Heat owner Micky Arison broke the news himself, sending out this happy tweet from London:

    Its 2:30am in London and I was just woken up with great news.Welcome to the family #20!!

    — Micky Arison (@MickyArison) July 7, 2012

    LeBron James also took to Twitter to express his happiness:

    #HeatNation please welcome our newest teammate Ray Allen #Wow #JesusShuttlesworth

    — LeBron James (@KingJames) July 7, 2012

    With all this Twitter love going around, Dwyane Wade had to get in on the action as well:

    Gotta take a break from my teammates Re Wedding anniversary to say WELCOME!!! #HeatNation continues to grow..

    — Dwyane Wade (@DwyaneWade) July 7, 2012

    This is an excellent addition for the Heat. It's not every day that you sign the NBA's all-time leading three-point shooter, especially at a relatively small price. According to Alex Kennedy of HoopsWorld, the Heat signed Allen to the mini-mid-level exception.

    Ray Allen is leaving the Celtics to join the Heat. He'll sign for the mini mid-level exception, $3.09 million per year: tinyurl.com/7ccwuq7

    — Alex Kennedy (@AlexKennedyNBA) July 7, 2012

    With Allen now on the roster, the Heat's offense will be a nightmare for opposing teams. Miami already had plenty of weapons, but with Allen—who shot 45 percent on threes last season—they will be even tougher to guard next season.

    Update: Friday, July 6 at 4:15 p.m. ET

    Apparently, Ray Allen's Thursday night meeting with the Miami Heat wasn't enough for him to make up his mind. According to ESPN's Brian Windhorst, the free agent shooting guard is still deciding between the Boston Celtics and Miami Heat. 

    Windhorst's sources say that the Los Angeles Clippers have dropped out of the running, but the Minnesota Timberwolves remain contenders. I'd have to think that the signing of Brandon Roy changes that. 

    The Heat should still be the favorites for Allen, even if he hasn't made up his mind. 

     

    UPDATE: Wednesday, July 4, 7:30 a.m. ET by Donald Wood

    While the Miami Heat have made it perfectly clear that they have interest in shooting guard Ray Allen, LeBron James himself has gone out of his way to talk about just how good the former Celtic would look in a Heat Jersey.

    James took to Twitter to share a picture that he was particularly fond of:

    RT @abake6: #Heat fans, do yall want to see something really cool? (Cc: @FakePatRiley) twitter.com/abake6/status/…(looks damn good to me)

    — LeBron James (@KingJames) July 4, 2012

    Boston has made it clear that they do not feel Allen will be back in 2013, so they have gone out and reportedly signed Jason Terry. That leaves the door wide open for a real three-point specialist in Allen arriving in Miami next season.

    That would be bad news for everyone else in the NBA.

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

     

    Update: Tuesday, July 3 at 4:50 p.m. ET

    The South Florida Sun Sentinel's Ira Winderman reports that the Miami Heat are seriously interested in signing veteran free agent Rashard Lewis, who was recently bought out by the New Orleans Hornets. 

    He won't be receiving the same level of contract that he last had with the Washington Wizards and his agent, Tony Dutt, told the Sun Sentinel that Lewis wants to be on a championship-contending team.  

    The Miami Heat will also meet with Ray Allen on Thursday, according to the Associated Press. 

    -------------------------

     

    Marcus Camby has chosen the Miami Heat as one of his final six options, but he isn't the defending champions' top priority during the free-agency period. 

    That would be Ray Allen, for whom the Heat have already made an offer by attempting to use their mini mid-level exception. According to ESPN's Brian Windhorst, Allen has expressed interest in joining forces with LeBron James, Dwyane Wade and Chris Bosh in South Beach, but there's no telling what kind of allure the increased money from other teams will hold. 

Milwaukee Bucks

23 of 36

    Update: Thursday, July 5 at 4:40 p.m. ET

    Although the Brooklyn Nets are targeting Ersan Ilyasova as a sign-and-trade target, Yahoo! Sports' Adrian Wojnarowski reports that the Bucks have no interest in completing such a deal and have instead offered Ilyasova a contract. 

    The proposed deal, which Ilyasova has not yet agreed to, is worth $40 million over five years. 

     

    Update: Wednesday, July 4 at 4:40 p.m. ET

    Ersan Ilyasova is one of the premier free agency targets this offseason as he comes off a runner-up finish for Most Improved Player. 

    The Milwaukee-Wisconsin Journal Sentinel's Charles F. Gardner makes reference to a quote by Ilyasova's agent in which it was revealed that the Turkish forward is considering a "big offer" from a team in Europe. Tolga Tugsavul, the agent, said it was a four year deal. 

    Ilyasova is sure to draw interest from a lot of teams, although his "Bird rights" are controlled by the Milwaukee Bucks. It's significant though that he might spurn the NBA entirely. 

    ------------------------

     

    Nothing has broken out of the Milwaukee Bucks camp thus far during the offseason. Updates to come once things start happening. 

    Right now, the addition of Samuel Dalembert is still the latest news

Minnesota Timberwolves

24 of 36

    Update: Friday, July 6 at 4:15 p.m. ET

    In another surprising move during this wild free agency moratorium, the Minnesota Timberwolves have agreed to a two-year contract worth $10.4 million with Brandon Roy, according to The Oregonian's Jason Quick. 

    Roy is attempting a comeback from a premature retirement, stemming from a degenerative knee condition. If he can play like his old self, the Wolves have suddenly become contenders, assuming everyone can stay healthy.

    This gives Minnesota a potential starting five of Ricky Rubio, Roy, Derrick Williams, Kevin Love and Nikola Pekovic, one that the possible signing of Nicolas Batum could only bolster.

    Speaking of Batum, ESPN reports that he and the Timberwolves have verbally agreed to a four year deal worth $45 million, with bonuses that could push it up to $50 million.

     

    Update: Thursday, July 5 at 4:10 p.m. ET

    CSKA Moscow point guard Alexey Shved has received contract offers from three teams in the NBA: the Cleveland Cavaliers, Memphis Grizzlies and Minnesota Timberwolves. 

    According to RIA Novosti, Shved's decision will come down to who can offer him the most playing time, although it'll be tough for him to choose until he travels to the United States after the Olympics are over. 

    ---------------------------

     

    Yahoo! Sports' Adrian Wojnarowski reports that Minnesota is one of the five finalists for Brandon Roy. 

    Additionally, The Washington Post shares that the Minnesota Timberwolves have been quite active during the early moments of the free-agency period. According to The Post, the Wolves have been pursuing Greg Stiemsma, Nicolas Batum, Jamal Crawford and Jordan Hill. 

    Moreover, the team did not extend qualifying offers to either Michael Beasley or Anthony Randolph, freeing the two disappointing forwards to pursue fresh starts with new teams. 

    Batum is the team's primary target and a contract in the range of $45-$50 million over four years is being discussed, according to Chris Haynes.

New Orleans Hornets

25 of 36

    UPDATE: Friday, July 6, 6:10 p.m. EDT by Maxwell Ogden

    Eric Gordon has been at the heart of high levels of curiosity and anticipation. Although far from eloquent, he finally ended the speculation and told the world what could happen should the New Orleans Hornets match the Phoenix Suns' offer sheet.

     

    "If they match I have to play basketball." -- Eric Gordon on the Hornets

    — Ben Golliver (@blazersedge) July 6, 2012

     

    Rather self-explanatory. With that being said, the words are far from convincing of his true desire to play in New Orleans. If the franchise has learned anything from Dwight Howard and Orlando Magic, they'll know that unhappy star players do nothing but damage the team.

    Don't re-sign Eric Gordon unless you plan on executing a sign-and-trade.

     

    UPDATE: Wednesday, July 4, 7:30 a.m. ET by Donald Wood

    After the Phoenix Suns offered a max deal to restricted free agent Eric Gordon, the New Orleans Hornets exercised their option to match the deal.

    Yahoo! Sports Adrian Wojnarowski is reporting on Twitter about the Hornet’s decision:

    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

    While Gordon came out and said he wanted to be in Phoenix, the Hornets feel that the young star is too important to just allow to walk away. They will try and work things out with the guard and hope he stays for the future instead of forcing his way out.

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

     

    After buying out the contract of newly acquired forward Rashard Lewis to make him a free agent, the sole focus of the New Orleans Hornets' offseason thus far has been matching offers for Eric Gordon. 

    The restricted free agent is expected to receive a max deal, but it is highly unlikely that the team allows him to go anywhere else, as they'll have three days after July 11 to match any offer. 

    Anthony Davis is also in the news after he sprained his ankle, but head coach Monty Williams isn't worried, as reported by Jimmy Smith of The Times-Picayune

    "It's not that big of a deal," Williams said. "It was non-contact. He just rolled it a little bit. He'd never been hurt before. When you hurt your ankle for the first time, it's usually not the worst time, but he's never had any injuries. The doctors are staying on top of it and he's going to be fine. It's not anything near 'severe.' "

New York Knicks

26 of 36

    Update: Sunday, July 8 at 8:00 p.m. ET

    The Brooklyn Nets are emerging as a frontrunner for the Marcus Camby's services, according to Yahoo! Sports' Adrian Wojnarowski: 

    New York and Brooklyn are frontrunners in sign-and-trade talks to acquire Houston's Marcus Camby, league sources tell Y!

    — Adrian Wojnarowski (@WojYahooNBA) July 8, 2012

    Camby might be 38 years old, but he's still one of the league's elite rebounders and would bring a tough, hard-nosed presence to this squad. It seems as though he's determined to play in The Big Apple at this point. 

     

    Update: Friday, July 6 at 4:20 p.m. ET

    "Poison pill" or not, the New York Knicks will be matching the contract offer made to Jeremy Lin by the Houston Rockets. 

    The $9.3 million that Lin is set to earn in the third year of his contract will be a tough pill to swallow, but ESPN's Ian O'Connor remains confident that the Knicks will match the Rockets' four-year, $28.8 million offer sheet. 

     

    Update: Thursday, July 5 at 4:45 p.m. ET

    So much for Jason Kidd going to the same team as Deron Williams. 

    According to ESPN's Marc Stein, Kidd is going to the New York Knicks on a multiyear deal: 

    In another unforeseen twist of this wild offseason, sources say Jason Kidd has decided to leave Mavs and join Knicks on a multiyear deal

    — Marc Stein (@ESPNSteinLine) July 5, 2012

    More details will be provided when they're available. 

     

    Update: Thursday, July 5 at 8:05 a.m. EDT by Matt Shetler

    After losing out on point guard Steve Nash and potentially having to make a tough decision on current point guard Jeremy Lin, the Knicks have turned their attentions to free agent Raymond Felton.

    Frank Isola of the New York Daily News reports via Twitter that the Knicks have become the favorites to sign Felton.

    Knicks have emerged as favorites to sign Raymond Felton, the Daily News has learned.

    — Frank Isola (@FisolaNYDN) July 5, 2012

    It wouldn't be the first time Felton has signed with the Knicks as he signed with the franchise in 2011 and got off to a good start before being included in the Carmelo Anthony trade. Felton was a good fit in former head coach Mike D'Antoni's offense, but on paper doesn't seem like a great fit in Mike Woodson's slower attack.

    At minimum though, Felton would be the veteran backup that the Knicks are searching for to backup Lin, should they re-sign him.

     

    Update: Wednesday, July 4 at 4:45 p.m. ET

    ESPN's Marc Stein has all the details on how the New York Knicks are coming closer to winning the Steve Nash sweepstakes. 

    The primary piece now seems to be Iman Shumpert, a player who the Knicks would prefer to keep but will trade if necessary, according to ESPN's unnamed source. 

    While the Toronto Raptors and Dallas Mavericks remain heavily involved in the Nash discussions, a trade is brewing between the Knicks and Suns. This deal would most likely leave Nash in N.Y. with a three-year deal for about $25 million while the Suns receive Toney Douglas, Josh Harrellson and Jermoe Jordan to clear cap space. 

    The Los Angeles Lakers remain involved, but Stein thinks that the Suns would be too hesitant to trade the point guard to a division rival for any sort of deal to come to fruition. 

     

    Update: Tuesday, July 3 at 5:00 p.m. ET

    Details have emerged on three free agents the New York Knicks could have their eyes on: 

    1. NY Post's Marc Berman reports that the Knicks are one of the few teams that Rashard Lewis has on his shortlist. The veteran forward wishes to go to N.Y., the Miami Heat, Los Angeles Lakers, San Antonio Spurs or Atlanta Hawks. 

    2. Landry Field and the Toronto Raptors have come to a verbal agreement. According to ESPN's Marc Stein, Fields will sign a three-year offer for $20 million and the Knicks will have three days to match after he signs on July 11 or later.

    3. Chris Smith, the brother of free agent J.R. Smith, told ESPN that his sibling wishes to remain in blue and orange:

    He loves New York. He's looking for a great situation, and whatever suits him right, that's what he'll do. The main thing is him being happy; that's all that really matters. But if I had to put a guess on it, he'll be back in New York.

    ----------------------- 

     

    Marcus Camby has chosen the Knicks as one of his final six options. 

    However, the New York Knicks are far more concerned about the possibility of losing free-agent point guard Jeremy Lin. Here's an excerpt from ESPN's Chris Broussard on the subject: 

    The Knicks can offer Lin a four-year deal worth $24.5 million. But an opposing team can offer Lin a poison pill that could go as high as $40 million over four years. Such a contract would pay Lin $5 million in each of the first two years and then go as high as $15 million in each of the last two years.

    Matching such a contract would give the Knicks four players -- Lin, Carmelo Anthony, Amare Stoudemire and Tyson Chandler -- making more than $14 million in the 2014-2015 season. Those four players alone would have a combined salary of $72 million, nearly $2 million above the luxury tax.

    While it may be doubtful that a club goes as high as $15 million in a season for Lin, even if one offered Lin roughly $10 million in the third and fourth years of a contract, the Knicks would be cautious about matching, according to a source.

    According to Marc Berman of the New York Post, the Knicks are also looking into sign-and-trades for Steve Nash or Raymond Felton. 

Oklahoma City Thunder

27 of 36

    Update: Thursday, July 5 at 4:50 p.m. ET

    The Oklahoma City Thunder aren't content to only have Serge Ibaka and Kendrick Perkins swatting away shots in the paint. Now, Hasheem Thabeet is going to be added to the mix. 

    According to Yahoo! Sports' Marc J. Spears, Thabeet has agreed to a two-year deal with the Western Conference's defending champions:

    7-3 center Hasheem Thabeet agrees to two-year deal with @okcthunder, source tells Y! Second overall pick in 2009 draft joining his 4th team.

    — Marc J. Spears (@SpearsNBAYahoo) July 5, 2012

    -------------------------

     

    The Oklahoma City Thunder have been quiet so far during this offseason, with the biggest news coming in the coaching department. 

    Sports Illustrated's Sam Amick reports that the Thunder and head coach Scott Brooks have come to terms on a contract agreement that will keep the coach on the sidelines for the next four years, receiving roughly $4 million each year. 

    OKC doesn't have the money to chase any big-name free agents this offseason. The biggest name thus far has been Hasheem Thabeet. 

Orlando Magic

28 of 36

    Update: Thursday, July 5 at 4:55 p.m. ET

    The Orlando Magic's coaching vacancy is one step closer to being settled, even if the Dwight Howard saga continues to spiral on and on. 

    Josh Robbins of the Orlando Sentinel reports that the Magic will be interviewing four candidates for the head coach role, although more could be added at a later date. 

    The four are Michael Malone, Brian Shaw, Quin Snyder and Jacque Vaughn. 

    Yahoo! Sports' Adrian Wojnarowski also tweets that J.J. Redick will most likely be staying with the team for one more year: 

    Orlando plans to pick up $6M option on final year of J.J. Redick's contract, league sources tell Y! Sports. Magic have until week's end.

    — Adrian Wojnarowski (@WojYahooNBA) July 5, 2012


    Update: Thursday, July 5 at 11:10 a.m. EDT by Matt Shetler

    Jameer Nelson and the Magic have reached an agreement on a new contract, according to Joshua Robbins of the Orlando Sentinel.

    Jameer Nelson and the Orlando Magic have reached an agreement on a new deal, the @orlandosentinel has learned.

    — Josh Robbins (@JoshuaBRobbins) July 5, 2012

    Nelson turned down his player option entering the offseason, not wanting to play on an expiring contract.

    He didn't have a very good 2012 season, but the 30-year-old is still a capable point guard and has expressed a desire to stay in Orlando long-term.

     

    Update: Tuesday, July 3 at 2:00 p.m. ET

    More on the Howard to Lakers possible situation,  RealGM columnist Jarrod N. Rudolph says that the Lakers are prepared to offer Andrew Bynum and Metta World Peace in exchange for Howard, as long as Howard is willing to sign an extension in Los Angeles.

    Source: Lakers are prepared to offer the Andrew Bynum and Metta World Peace to the Magic for Dwight Howard provided Howard signs extension

    — Jarrod N Rudolph (@JRudolphSports) July 3, 2012

    Update: Tuesday, July 3 at 1:20 p.m. ET

    With all the talk of Dwight Howard going to the Brooklyn Nets, it looks like Magic general manager Rob Hennigan has his eyes set on a deal to the Los Angeles Lakers, one that involves Lakers center Andrew Bynum.

    Yahoo! Sports Adrain Wojnarowski reports that the Magic are focusing on Bynum as their top trade target.

    As Orlando works to unload Dwight Howard, Magic focusing on Lakers' Andrew Bynum as top target, sources tell Y! Sports. Story soon on site.

    — Adrian Wojnarowski (@WojYahooNBA) July 3, 2012

    A Bynum- Howard deal probably makes the most sense for the Magic and it will be interesting to see if Howard will sign an extension if he is indeed dealt to the Lakers.

    Update: Tuesday, July 3 at 8:50 a.m. ET

    Dwight Howard to the Brooklyn Nets might not be a done deal after all.

    CBS Sports Ken Berger reports that the Magic are trying to get other teams involved in the Howard sweepstakes.

    Orlando GM Rob Hennigan also trying to engage the Hawks, Rockets, Lakers and possibly Mavs in Howard talks. Full-court press.

    — Ken Berger (@KBergCBS) July 3, 2012

    The Hawks, Mavs, Lakers and Rockets will all possibly get to make their play at the All-Star center.

    --------------------------


    HOOPWORLD's Alex Kennedy reports that Earl Clark decided to opt-in and remain with the Orlando Magic

    However, the same cannot be said about Jameer Nelson, who surprisingly decided to turn down his player option and pursue a long-term deal with the team. Nelson had the following to say in an interview with John Denton of the team's website:

    "I still hope to be with the Magic, but I have to see what direction I want to go with myself and I'll have a decision to make," Nelson said Friday night from his suburban Philadelphia home. "I want to be a Magic player, and it's just about getting something done. I'm a free agent for the first time. It's definitely weird. But it makes me feel good to hear that the Magic want me back. I have to do what's best for me and my family, but I still want to be with the Magic."

    "People say that I should have just taken the (2012-13 season) with the Magic, but everybody in this league is tradable," Nelson said. "The Magic have said that they want me there, but at the end of the day it's still a business and any player in the league can be traded. The City of Orlando has always embraced me and not too many players in NBA can say they spent their entire career in one uniform. I hope that's the case with me."

    In other news that never seems to go away, Dwight Howard will only accept playing with the Brooklyn Nets now, according to Yahoo! Sports' Adrian Wojnarowski.

Philadelphia 76ers

29 of 36

    Update: Friday, July 6 at 4:25 p.m. ET

    The Philadelphia 76ers have decided to use their amnesty clause on Elton Brand, per ESPN's Marc Stein. 

    Brand was set to make $18 million during the upcoming season, but he will no longer play for the Sixers and will receive his money without it counting against the salary cap or luxury tax. He will now hit the waivers, where the Dallas Mavericks lead the charge of those who will attempt to sign him.

    In an effort to spend the money they saved, Philly is also signing swaggerific scorer Nick Young to a one-year, $6 million deal. He'll likely serve as the replacement for Lou Williams and become the top scorer off the bench. 

     

    Update: Wednesday, July 4 at 4:50 p.m. ET

    In what may be the biggest NBA news on America Day, the Philadelphia 76ers and Spencer Hawes have come to terms on an extension. There's a solid chance that something trumps this by the end of the night though. 

    According to Yahoo! Sports' Adrian Wojnarowski, a verbal agreement has been reached that would leave the skilled center roaming the perimeter for the Sixers for the next two years: 

    Free agent center Spencer Hawes has reached agreement on a two-year, $13M-plus extension with Philadelphia, league sources tell Y! Sports.

    — Adrian Wojnarowski (@WojYahooNBA) July 4, 2012

    -----------------------------

     

    The Philadelphia 76ers decided not to make offers to three members of last year's squad. 

    John Finger of CSN Philadelphia reports that the team will not extend an offer sheet to Jodie Meeks, Sam Young and Xavier Silas, leaving the trio testing the waters of unrestricted free agency. 

    The Philadelphia Inquirer informed its readers that the Sixers and Lavoy Allen have agreed in principle to a two-year contract extension worth $6 million, but similar ease will not be seen in negotiations with Jrue Holiday. 

    Holiday is seeking a max contract extension,—which, in my opinion, will likely be hard to come by—according to Yahoo! Sports' Marc J. Spears: 

    Sixers guard Jrue Holiday added to USA select team roster. Holiday also is seeking a max contract extension from Sixers, source tells Yahoo!

    — Marc J. Spears (@SpearsNBAYahoo) July 2, 2012

Phoenix Suns

30 of 36

    Update: Thursday, July 5 at 5:00 p.m. ET

    Goran Dragic is departing for greener pastures, although these pastures are found in the desert and only green in a metaphorical sense. The Houston Chronicle's Jonathan Feigen reports that the Phoenix Suns and Dragic have agreed to a four-year contract worth $30 million.

    In addition to finding Steve Nash's replacement, Phoenix has also agreed to a deal with Michael Beasley, a talented but mercurial forward who last played with the Minnesota Timberwolves. 

    According to ESPN's Marc Stein, the Suns and Beasley have agreed to a three-year deal for $18 million: 

    Just going up online: Michael Beasley has committed to sign with Phoenix Suns on a three-year, $18 mil, sources close to situation tell ESPN

    — Marc Stein (@ESPNSteinLine) July 5, 2012

     

    Update: Wednesday, July 4 at 4:45 p.m. ET

    ESPN's Marc Stein has all the details on how the New York Knicks are coming closer to winning the Steve Nash sweepstakes. 

    The primary piece now seems to be Iman Shumpert, a player who the Knicks would prefer to keep but will trade if necessary, according to ESPN's unnamed source. 

    While the Toronto Raptors and Dallas Mavericks remain heavily involved in the Nash discussions, a trade is brewing between the Knicks and Suns. This deal would most likely leave Nash in N.Y. with a three-year deal for about $25 million while the Suns receive Toney Douglas, Josh Harrellson and Jermoe Jordan to clear cap space. 

    The Los Angeles Lakers remain involved, but Stein thinks that the Suns would be too hesitant to trade the point guard to a division rival for any sort of deal to come to fruition. 

     

    Update: Tuesday, July 3 at 5:10 p.m. ET

    Chris Broussard tweeted that the Phoenix Suns had dinner with Eric Gordon on monday night: 

    Suns having dinner with Eric Gordon right now. Phx is considering offering him max deal (4 years, $58 million), sources say

    — Chris Broussard (@Chris_Broussard) July 3, 2012

    -----------------------

     

    The Phoenix Suns have been very active in expressing their interest in a number of free agents, both restricted and unrestricted. 

    Paul Curo of The Arizona Republic sums up the Suns' interests in free agency quite nicely, writing that the team has interest in the following players: Michael Beasley, Eric Gordon, Robin Lopez, Goran Dragic, Raymond Felton, Jordan Hill, Chris Kaman, Jamal Crawford and Nick Young. 

    The Suns have also been in discussions with the New York Knicks about a sign-and-trade, according to Yahoo! Sports' Adrian Wojnarowski:

    Phoenix has expressed interest with Landry Fields as part of possible sign-and-trade package with New York for Steve Nash, sources tell Y!

    — Adrian Wojnarowski (@WojYahooNBA) July 1, 2012

Portland Trail Blazers

31 of 36

    Update: Wednesday, July 4 at 5:00 p.m. ET

    Things aren't looking very good for the relationship between Nicolas Batum and the Portland Trail Blazers. 

    Dwight Jaynes of CSNNW reports that Batum is done in Portland, according to an unnamed source who says: 

    Batum never wants to play in Portland again and has determined that Minnesota is the best for him and his family.

    Jaynes updated his original report, saying the following: 

    Batum is denying this report on Twitter, and others may deny, too. He is smart enough to know that if the Blazers wish, he's going to be back in Portland in the future and he doesn't want to have to deal with this. The Blazers have told him that they will match any and all offers -- meaning he'd have to come back next season.

    I'm not at all surprised he's denied this. He almost has to if he wants to stay in good graces with fans he may end up having to play in front of in the future.

    It's going to be interesting to see which side gives in -- Batum and his determined agent or the Trail Blazers.

    ----------------------------

     

    Sports Illustrated's Sam Amick reports that the Portland Trail Blazers have offered Roy Hibbert a max contract of four years and $58 million. The All-Star center is reportedly leaning toward signing the offer sheet and forcing the Indiana Pacers to match during the three-day window after July 11.

    It's unlikely that the Blazers land this center, but there's still a slight chance. 

    Portland may experience a reversal of the situation with Nicolas Batum. Batum is the Minnesota Timberwolves' primary target and a contract in the range of $45-$50 million over four years is being discussed, according to Chris Haynes.

    If Batum and the Wolves come to an agreement, the Blazers will have to match the offer to retain the services of the French small forward. 

Sacramento Kings

32 of 36

    Update: Tuesday, July 3 at 5:15 p.m. ET

    Jason Jones of the Sacramento Bee reports that the Sacramento Kings met with Ryan Anderson, the league's reigning Most Improved Player. 

    Anderson is a restricted free agent, one whom the Orlando Magic would presumably want to keep, but the Kings could at least make it tough on them. 

    The power forward is from the Sacramento area and Geoff Petrie is optimistic about the team's chances of landing the three-point shooter: 

    His journey to this point is well chronicled, and he's obviously a very popular player in Northern California. He's an all-around good player and a good person.

     

    ------------------

     

     

    Not much has happened thus far for the Sacramento Kings, who are now out of the forefront of the news world following their decision to keep the highly sought-after No. 5 pick in the 2012 NBA Draft. 

    Tyreke Evans has been hanging out with members of the Kings brass and working on his game, which could pour some water instead of fuel on the previously constant rumors that he will be traded. 

    The only other piece of notable news has been the Kings extending a qualifying offer to Jason Thompson, making him a restricted free agent who will likely be back with his original team. 

San Antonio Spurs

33 of 36

    Update: Thursday, July 5 at 5:05 p.m. ET

    The San Antonio Spurs are starting to show some interest in two free agents. 

    Brandon Bass is a restricted free agent who last played with the Boston Celtics, but the San Antonio Spurs would like to add him to their roster, according to KABB Fox San Antonio. 

    Chris Kaman is another potential target. ESPN's Ric Bucher tweets that the Spurs are one of the few teams left that could land the big man: 

    Source: teams still w/ a shot at Mayo (Mavs, Rockets, Pacers, Clippers, Knicks and Suns) + Kaman (Mavs, Pacers, Spurs, Kings and Jazz)

    — Ric Bucher (@RicBucher) July 5, 2012

    -----------------------------

     

    Marcus Camby has chosen the Spurs as one of his final six options. However, the San Antonio Spurs are much more interested in another free-agent big man. 

    Tim Duncan is expected to re-sign with the team,—how could he go anywhere else?—and this tweet from ESPN's Marc Stein says it all:

    Spurs' fluid plan w/Spur For Life Tim Duncan: I'm told they'll pound out deal specifics & then finalize when timing meshes best w/other biz

    — Marc Stein (@ESPNSteinLine) July 1, 2012

    No surprises there. 

    From elsewhere in the Spurs world, Danny Green is interested in returning to the Spurs, according to Jeff McDonald. Green and Patty Mills both received qualifying offers from the organization. 

    Yahoo! Sports' Marc J. Spears also tweets that the Spurs are interested in free-agent forward Josh Howard. 

    Former draft picks Adam Hanga and Davis Bertans worked out in San Antonio, and the Spurs liked what they saw in Hanga so much so that they sent D-League assistant coach Alex Lloyd back to Hungary to work with the swingman. 

Toronto Raptors

34 of 36

    Update: Thursday, July 5 at 5:10 p.m. ET

    The Toronto Raptors weren't content with Jose Calderon at point guard, so they went ahead and traded for Kyle Lowry. 

    ESPN's Marc Stein had the scoop on the trade with the Houston Rockets and reports that the Raptors dealt Gary Forbes and a future first-round pick for the disgruntled point guard. 

    It's too soon to tell what will happen to Calderon, but something involving the word "amnesty" is not out of the realm of possibilities. 

     

    Update: Wednesday, July 4 at 5:00 p.m. ET

    It appears as though the Toronto Raptors enjoy attempting to hoard point guards. 

    Although Steve Nash remains the primary target, ESPN's Marc Stein tweets that the Raptors will continue to pursue Kyle Lowry whether or not they bring the Canadian point guard back to his home country: 

    With or w/out Nash, sources say, Raps will keep trying to trade for Kyle Lowry. Raps talked deals w/HOU at draft. Still want him either way

    — Marc Stein (@ESPNSteinLine) July 4, 2012

     

    Update: Tuesday, July 3 at 5:20 p.m. ET

    Landry Field and the Toronto Raptors have come to a verbal agreement. According to ESPN's Marc Stein, Fields will sign a three-year offer for $20 million and the Knicks will have three days to match after he signs on July 11 or later.

    This move not only could bring Fields to Toronto, but it also makes it harder for the Knicks to bring Steve Nash to town. Fields was a potential trading piece in a sign-and-trade with the Phoenix Suns, but can't be used as such if the offer sheet is matched. 

    ---------------------------

     

    For the Toronto Raptors, it's all about Steve Nash right now. 

    ESPN's Marc Stein reports that the Raptors have offered Nash the chance to be a home-country hero, sending a contract offer of three years and $36 million to the unrestricted free agent.

    The Dallas Mavericks, Brooklyn Nets and New York Knicks have all expressed interest in the point guard, but Toronto has put itself in the driver's seat right now. If Nash is brought in, Jose Calderon is likely gone. The following is also from Stein: 

    It is widely assumed in NBA front-office circles that the Raptors will amnesty Calderon and the $10.6 million he's owed next season to maximize their cap flexibility. 

    That alone won't get the Spaniard to the point guard-hungry Lakers. Calderon would have to clear waivers through the amnesty process before he'd be free to choose his next team. 

    If Calderon does make it that far, though, sources say he's excited about the prospect of playing with Gasol in L.A. 

    Sources say Calderon would also have interest in teaming with Luis Scola wherever the Argentinean lands after ESPN.com reported Saturday that the Houston Rockets are actively trying to trade Scola. Miami and San Antonio are two more teams known to intrigue Calderon if he gets the chance to pick his next destination. 

Utah Jazz

35 of 36

    Update: Sunday, July 8 at 8:25 p.m. ET

    According to The Salt Lake Tribune's Brian T. Smith, the Utah Jazz and Raja Bell are close to reaching a buy-out agreement that would allow the aging guard to become an unrestricted free agent, one whom several teams have interest in. 

    Yahoo! Sports' Adrian Wojnarowski suggests that the Heat could be a likely landing spot for Bell. 

     

    Update: Friday, July 6 at 4:40 p.m. ET

    Brian T. Smith of The Salt Lake Tribune reports that the Utah Jazz and forward Jeremy Evans have agreed to a three-year, $5.5 million contract. 

    Evans' agent, Mark Bartelstein, said the following: 

    I'm very thankful to [Jazz General Manager] Kevin O'Connor for making the commitment to Jeremy. It's another huge step in his career, and hopefully this young man will just continue to grow and become a bigger and bigger part of the Jazz.

    -----------------------------------

     

    Mo Williams has essentially been swapped for a trade exception in a four-team deal starring Lamar Odom, reuniting the guard with his former team. 

    The Utah Jazz also swapped Devin Harris for Marvin Williams with the Atlanta Hawks, according to HOOPSWORLD's Alex Kennedy.

    Now, it's time for free agency and the opportunity to add even more pieces. 

    The Jazz are expected to re-sign dunk contest champion Jeremy Evans and have picked up Jamaal Tinsley's team option.

    Brian Smith of The Salt Lake Tribune reports that Josh Howard would like to return to the team and that Paul Millsap has been inspired by Gerald Wallace's deal with the Brooklyn Nets. According to Smith, Millsap is seeking at least four years and $40 million during his contract extension talks.  

Washington Wizards

36 of 36

    Update: Wednesday, July 4 at 5:10 p.m. ET

    CSN Washington's Ben Standig reports that the Washington Wizards are interested in bringing back Cartier Martin for a fourth season after he played fairly well for the team in his return from China at the end of the 2011-2012 campaign. 

    The San Antonio Spurs and Orlando Magic have also expressed interest in Martin. 

    Wizards Insider Michael Lee also lets it be known that Washington would like to sign Courtney Lee now that the Houston Rockets have withdrawn their qualifying offer and the shooting guard is an unrestricted free agent. 

    ----------------------

     

    The Washington Wizards have already made news by trading for Emeka Okafor and drafting Bradley Beal to solidify what could be a playoff roster. 

    Now, it's all quiet on the free-agent front. 

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