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Update On Restricted Free Agents

There were only a dozen restricted free agents when the month began, and that number shrank by one when the Pacers pulled their qualifying offer to Tyler Hansbrough on July 2nd, making him an unrestricted free agent. Hansbrough wound up signing with the Raptors for a two-year, $6MM contract. Tuesday is the deadline for teams to rescind qualifying offers without the consent of the player, but that's only relevant for the five restricted free agents who remain unsigned. Here's a look at the latest on each of those five, as well as the details on the restricted free agents who've already signed this month, with an assist from the Hoops Rumors Free Agent Tracker.

  • Chris Copeland — Signed a two-year, $6.135MM offer sheet with the Pacers. The Knicks declined to match.
  • Tyreke Evans — Signed-and-traded to the Pelicans as part of a three-way deal. Evans' new contract is worth four years and $44MM.
  • Gerald Henderson — A report earlier this month suggested that the Bobcats had begun shopping Henderson, since the two sides had reached a stalemate. Since then, we've heard the team still wants to bring him back and the two sides remain in communication, even though the 'Cats and agent Arn Tellem are far apart on financial terms. Tellem and Henderson are reportedly seeking a contract worth around $8MM annually.
  • Brandon Jennings — The Jeff Schwartz client has reportedly been seeking $12MM a year, while the Bucks have apparently been willing to do just a bit over $11MM. Though Jennings isn't interested in returning to Milwaukee, he may not have a choice, as other teams' cap room is beginning to dry up. Both Jennings and the team see a sign-and-trade as the ideal outcome, but it may be more likely that Jennings signs his one-year qualifying offer.
  • Timofey Mozgov — The Nuggets and the Justin Zanik client have discussed a multiyear deal, and GM Tim Connelly indicated earlier this month that they're making progress. Mozgov is drawing overseas offers, but his preference is to stay in the NBA. Most recently, the Kings have intensified their interest.
  • Gary Neal — It seemed at one point this month that Neal was unlikely to return to San Antonio, but other reports have suggested the opposite. The Bucks have shown interest.
  • Nikola Pekovic — The Wolves extended the Excel Sports Management client an offer, believed to be worth around four years and $50MM, and the two sides have been moving slowly after Pekovic's camp responded with a counter-offer. Owner Glen Taylor still expects to strike a deal.
  • Pablo PrigioniRe-signed with the Knicks for five years, $4,988,883
  • Robert SacreRe-signed with the Lakers for three years at the minimum salary.
  • Tiago SplitterRe-signed with the Spurs to a four-year, $36MM deal.
  • Jeff TeagueSigned four-year, $32MM offer sheet with the Bucks that the Hawks matched.
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One thought on “Update On Restricted Free Agents

  1. Jeff Meneau

    The Bucks are not offering Jennings over 11 million. They are basically at the 8 million they offered Teague.

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