Winning Bid For Brand To Be Announced Friday
The winner among teams that place a bid on recently-amnestied forward Elton Brand will be announced on Friday after 4:00pm CST (Jeff Caplan of ESPN Dallas reports). Only teams below the salary cap have the opportunity to bid. The Mavericks are expected to be "aggressive" suitors for the 13-year-veteran, who have high hopes of paring Brand with Dirk Nowitzki and Chris Kaman. Other teams with cap space, such as the Suns and Trail Blazers, also have a chance to vie for Brand's services.
In the unlikely situation that no team places a bid, Brand would become an unrestricted free agent and could then sign with any team.
Pacers Trade Collison, Jones To Mavs For Mahinmi
THURSDAY, 4:51pm: Indiana announced the deal through an official press release.
WEDNESDAY: The Pacers have traded Darren Collison and Dahntay Jones to the Mavs for Ian Mahinmi, who will sign a four-year, $16MM contract as part of the deal, reports Jonathan Givony of DraftExpress.com (Twitter links). Jones is due $2.9MM next season and Collison about $2.3MM, so, as John Hollinger of ESPN.com points out, that eats into the amnesty bid the team could make for Elton Brand (Twitter link). Presumably, this also takes Dallas out of the running for Aaron Brooks.
The Pacers are expected to either match Roy Hibbert's offer sheet from the Blazers or sign him outright, so Mahinmi will likely be the backup center for the team. Indiana also has 7'0" Miles Plumlee, the team's first-round draft pick.
Mavericks Officially Amnesty Haywood
Augustin Unrestricted, Close To Deal With Pacers
3:29pm: Not wasting any time, the Pacers are "close" to finalizing a deal with Augustin, tweets Mike Wells of the Indianapolis Star.
3:18pm: The Bobcats have withdrawn their qualifying offer to D.J. Augustin, according to the team's PR Twitter feed. The move comes on the heels of a reported agreement with point guard Ramon Sessions, and makes Augustin an unrestricted free agent.
Augustin, 24, is now free to sign with any team, without the Bobcats having the opportunity to match an offer sheet.
Jordan Farmar Signs In Turkey
THURSDAY, 2:58pm: Farmar has officially signed his three-year deal with Anadolu Efes, according to Emiliano Carchia of Sportando (via Twitter). Presumably, of course, this means Farmar has been officially bought out by the Hawks as well.
WEDNESDAY, 7:26am: With the moratorium lifted, the blockbuster trade that will send Joe Johnson to the Nets can officially be finalized as soon as today. At that point, Jordan Farmar, who is headed to the Hawks in the deal, will be bought out for $1.5MM by Atlanta. And according to Colin Stephenson of the Newark Star-Ledger, Farmar already has his next contract lined up — he'll sign with Turkey's Anadolu Efes and play overseas.
Sixers Sign Nick Young To One-Year Deal
THURSDAY, 2:28pm: The Sixers have officially signed Young, the team announced today (Twitter link).
FRIDAY, 9:57am: The 76ers and Nick Young have agreed to terms on a contract, according to agent Mark Bartelstein (Twitter link via Adrian Wojnarowski of Yahoo! Sports). The deal will be for one year and $6MM, says Marc Stein of ESPN.com (via Twitter).
Knicks Sign Jason Kidd
JULY 12TH, 2:25pm: The Knicks have officially signed Kidd, the team announced in a press release.
JULY 5TH, 10:22pm: The Knicks are pursuing a sign-and-trade with the Mavs to acquire Kidd by including non-guaranteed contracts and a draft pick, writes Howard Beck of The New York Times (via Twitter).
Knicks Re-Sign Steve Novak
THURSDAY, 2:23pm: The Knicks have officially re-signed Novak, the team announced in a press release. Novak himself also announced the deal via Twitter, attaching a photo of him signing his contract.
MONDAY, 1:55pm: The Knicks and Steve Novak have agreed to terms on a new contract, according to agent Mark Bartelstein. Bartelstein says the deal, which is fully guaranteed, will pay Novak $15MM for four years (Twitter links via TNT's David Aldridge).
Spurs Re-Sign Boris Diaw
THURSDAY, 1:20pm: The Spurs have officially re-signed Diaw, the team announced today in a press release.
TUESDAY, 8:15am: The Spurs and Boris Diaw have agreed to terms on a two-year deal that will keep the forward in San Antonio, according to Adrian Wojnarowski of Yahoo! Sports (via Twitter). The deal includes a second-year player option and is worth about $9MM total, with incentives that could push Diaw's earnings to $9.2MM, says Wojnarowski (Twitter link).
Bucks Re-Sign Ersan Ilyasova To Five-Year Deal
THURSDAY, 1:02pm: The Bucks have officially re-signed Ilyasova, the team announced today (via Twitter).
SUNDAY, 6:12pm: Charles F. Gardner of the Journal Sentinel confirms that the Bucks have reached an agreement with Ilyasova.
8:29am: Restricted free agent Ersan Ilyasova is close to an agreement on a five-year, $45MM deal to remain with the Bucks, reports Jorge Sierra of HoopsHype.com. His agent, Tolga Tugsavul, says the new contract will be finalized at some point this week. As mentioned on Saturday evening, the forward plans to meet with team owner Herb Kohl on Tuesday to consummate a deal, if he doesn't do so beforehand.