10:31am: The Cavs are indeed interested in Fredette, according to a full story from Stein, who reiterates that the Bulls are also going after the sharpshooter. Stein hears Fredette is strongly considering a playoff-bound team in the East. Fredette and the Kings still haven’t reached agreement on a buyout, but that could happen as soon as today, sources tell Stein.
8:57am: The Cavs are unlikely to have interest in Fredette, unless today’s medical exams on the injured Dion Waiters and C.J. Miles go poorly, as Jason Lloyd of the Akron Beacon Journal explains. Fredette wouldn’t want to sign with Cleveland anyway, according to an earlier report (linked below).
THURSDAY, 8:19am: The Bulls are a contender with an outside chance at landing Fredette, Stein tweets
1:01pm: The former BYU star is leaning against signing with the Grizzlies, according to Stein (on Twitter).
12:12pm: Fredette doesn’t have interest in joining the Cavs, Amico hears (Twitter link). Amico suggested Tuesday that Cleveland could get involved with the former BYU star, but it appears that’s not going to happen.
WEDNESDAY, 11:41am: The buyout is on track to be complete today, tweets Adrian Wojnarowski of Yahoo! Sports.
11:46am: The Cavs had interest in Fredette before the trade deadline, too, tweets Sam Amico of Fox Sports Ohio, who suggests that Cleveland could be in the mix again, even though the trade talks didn’t make much progress. The Jazz have had no discussions about adding Fredette, a source tells Marc J. Spears of Yahoo! Sports (Twitter link).
11:32am: Some in the Warriors front office are high on Fredette, but the team is unlikely to have interest in signing him if he becomes a free agent, according to USA Today’s Sam Amick (Twitter link).
9:20am: The Nuggets had “significant” talks with the Kings about Fredette before the deadline, Wojnarowski notes, pointing out that Denver elected to trade for Aaron Brooks instead (Twitter link). Steve Kyler of Basketball Insiders identifies the Knicks as a “team to watch” in a potential race for Fredette, citing New York’s desire to add three-point shooting as well as potential legal trouble surrounding Raymond Felton (Twitter links). Felton was arrested overnight and faces three counts of criminal possession of a weapon.
8:51am: Jimmer Fredette and the Kings are nearing a buyout agreement, reports Adrian Wojnarowski of Yahoo! Sports. Several teams are expected to have interest in signing the former 10th overall pick for the rest of the season.
Fredette had been a frequent subject of trade rumors, but the Kings couldn’t find a taker for his expiring contract, worth $2,439,840 this year. The Kings declined his 2014/15 option before this season began, setting him up for unrestricted free agency this summer. Now it appears he’ll hit the market even sooner.
The one-time college superstar at BYU has yet to approach that kind of success in the NBA, averaging 7.0 points in 15.0 minutes per game over two and a half seasons. His minutes and scoring have declined in both seasons since his rookie year, and his numbers are just 5.9 PPG and 11.3 MPG in 2013/14. He’s nonetheless improved his three-point accuracy every year, and is up to an impressive 49.3% this season, albeit on just 73 attempts.
The timing of the news is somewhat surprising, since the Kings traded Marcus Thornton to the Nets last week and announced this weekend that Jason Terry will miss the rest of the season, which might have opened up minutes for Fredette. Still, Isaiah Thomas, Ben McLemore and Ray McCallum are all still competing for backcourt playing time.