Nets, Pelicans Slow Pursuit Of Jordan Hill

1:51pm: Discussions surrounding Hill are either “dying or dead,” tweets Ramona Shelburne of ESPNLosAngeles.com.

1:01pm: Brooklyn has cooled on Hill because the Lakers were seeking a “decent” second-round pick for him, and because bonuses in his contract could have added another $1MM to the Nets’ already astronomical tax bill, according to Howard Beck of Bleacher Report (Twitter link).

12:47pm: The Nets appear ready to pass on Hill, tweets David Aldridge of TNT.

11:15am: The Lakers want a pick for Hill but, meanwhile, the Nets want a pick from the Lakers for saving them $7MM+, according to Stein (via Twitter).

9:37am: New Orleans is backing off its pursuit of Hill, Wojnarowski hears (Twitter link). That would appear to make the Nets the leading contender for him.

7:40am: The Lakers are looking for a second-rounder in return for Hill, Stein tweets. Atlanta’s interest is not as strong as that of the Nets and Pelicans, Stein adds in a second tweet.

THURSDAY, 7:14am: The Nets and Pelicans appear to be in the lead for Hill, according to Shelburne (Twitter link).

WEDNESDAY, 10:12pm: There is a strong chance that Hill is moved, per Shelburne, who adds that the Lakers may want more than just cap relief now that they have (at least) the Nets, Bobcats and Pelicans involved. In light of the Steve Blake deal, moving Hill and Kaman would allow the Lakers to hang onto Gasol and his Bird Rights (Twitter links here). Ken Berger tweets that both New Orleans and the Nets hope to use their disabled player exceptions on Hill.

8:44pm: ESPN’s Ramona Shelburne adds the Hawks to the mix of teams in on Hill as well as center Chris Kaman, with the deals being discussed in parallel (Twitter links).

5:29pm: Sean Deveney of Sporting News contests the report that the Suns are no longer a player for Hill (via Twitter). Meanwhile, Eric Pincus from the L.A. Times reminds us that the Lakers wouldn’t move Hill if they had any hope or desire to re-sign him. Hill doesn’t have the stamina for a big minute role, per Pincus, and would therefore be better suited for an energy role off the bench (Twitter links here).

3:59pm: The Suns are no longer in talks for Hill, Wojnarowski tweets.

3:42pm: Stein casts it as a two-team race between the Cavs and Nets for Hill (Twitter link).

1:44pm: The Suns, as well as the Mavs, have engaged the Lakers in talks about Hill, reports Dave McMenamin of ESPNLosAngeles.com (on Twitter).

1:12pm: It’s unlikely the Nets will acquire Hill, tweets Bleacher Report’s Howard Beck

1:00pm: The Suns may get involved as a suitor for Hill, Wojnarowski hears (Twitter link).

WEDNESDAY, 12:43pm: The Nets have decided they’d like to go ahead and take Hill if the Lakers are willing to send him their way, but L.A. is talking to multiple teams about the power forward, reports Marc Stein of ESPN.com (Twitter links).

TUESDAY, 10:30pm: Brooklyn values Hill as being worth a “second round pick and a trade exception,” according to Steve Kyler of Basketball Insiders (Twitter link).

3:40pm: The Nets’ discussions with the Kings wouldn’t preclude the team from trading for Hill, tweets Adrian Wojnarowski of Yahoo! Sports. That suggests the deal is a greater possibility than Medina’s source indicated.

TUESDAY, 12:50pm: The deal will probably not happen, a source tells Mark Medina of the Los Angeles Daily News, who hears the Nets have cold feet about the hefty tax penalties that acquiring Hill without giving up a player would entail.

MONDAY, 10:31pm: It’s doubtful that the big man will want to re-sign with the Lakers if Mike D’Antoni is still the coach, sources tell Wojnarowski.

3:59pm: The Lakers and Nets have spoken about a deal that would send Jordan Hill to the Nets, tweets Adrian Wojnarowski of Yahoo! Sports. Brooklyn would absorb Hill’s $3.5MM salary into its $5.15MM disabled player exception granted in compensation for Brook Lopez‘s injury, Wojnarowski notes. It’s unclear precisely what the Lakers would get in return.  Meanwhile, Ramona Shelburne of ESPNLosAngeles.com (on Twitter) hears that the talks are very preliminary.

Hill has been indentified as one of the Lakers’ prime trade candidates in the lead-up to the February 20th deadline, along with Steve Blake, Chris Kaman, and, of course, Pau Gasol.  The former lottery pick obviously doesn’t offer the same kind of frontcourt boost that Gasol would, but he’ll cost a lot less in terms of both the trade and salary.  Any team acquiring Hill would be on the hook for what remains on his $3.5MM salary for 2013/14.  He’ll be eligible for free agency in the summer.

Unfortunately for the Nets, their tax situation means that acquiring Hill would cost them a small fortune – $17MM by the estimation of Wojnarowski (link).  Even though the deadline is in a few days, the Nets have until March 10th to use their DPE.

Hill, 26, is averaging a career-highs in points (8.5 PPG) and rebounds (7.0 RPG) in 19.5 minutes per contest.

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