Wolves Waive Jeff Adrien

4:05pm: Adrien has officially been waived, the team announced via Twitter.

2:04pm: The Timberwolves are set to release Jeff Adrien, reports Darren Wolfson of 1500 ESPN Twin Cities (Twitter link). Adrien is on a non-guaranteed contract, but if Minnesota fails to waive him by 4:00pm Central today, that minimum-salary deal becomes guaranteed for the balance of the season. He’s the only member of the Timberwolves without at least a partial guarantee, and the team has been carrying 15 players, as our roster counts show.

This move would free up a roster spot for Miroslav Raduljica, whom some reports say has a deal with Minnesota, and Wolfson suggests the team has Raduljica in mind as it prepares to cut ties with Adrien (Twitter link).

In 17 games with the Wolves this season, Adrien has averaged 3.5 points, 4.5 rebounds, and 0.9 assists while logging 12.6 minutes per contest. His career averages are 4.6 PPG, 4.3 RPG, and 0.7 APG. His career slash line is .474/.000/.628.

Knicks Waive Thomas, Kirk, Amundson

1:22pm: The moves are official, the team announced (on Twitter).

8:59am: The Knicks plan to waive Lance Thomas, Alex Kirk and Lou Amundson, according to Peter Botte of the New York Daily News and Newsday’s Barbara Barker (Twitter links). Bleacher Report’s Howard Beck reported late Monday that the team would waive Kirk and Amundson and keep Thomas. Ian Begley of ESPNNewYork.com said shortly thereafter that the Knicks would choose two of the three to let go and that Thomas was merely the most likely to be retained, but now it appears New York will release all three of the players it acquired in Monday’s trade. None of the three has any guaranteed salary, save for Kirk, who has a $65K partial guarantee but has already earned more than that amount, putting him on a de facto non-guaranteed contract. The team must waive them no later than 4:00pm Central today to avoid guaranteeing their minimum-salary deals for the rest of the season.

Thomas is the only one of the trio to have seen significant action this season. He started 13 games for the banged-up Thunder earlier this season, and in 22 appearances overall, he’s averaging 5.1 points and 3.4 rebounds in 20.5 minutes per game. Still, Oklahoma City saw him as expendable now that most of its injured players, including Kevin Durant, are back in the lineup. The 26-year-old forward was supposed to have served a less prominent role like the ones Kirk and Amundson played in Cleveland. Kirk, an undrafted rookie center out of New Mexico, has hit the floor for just 14 minutes total in five games during the regular season. The ninth-year veteran Amundson saw 6.6 MPG in 12 appearances for the Cavs, but Cleveland shipped him out along with Kirk even though the team is starved for capable big men.

The Knicks, who have been carrying a full 15-man roster, are set to sign Langston Galloway to a 10-day contract, though that move couldn’t take place until the team makes its cuts. The subtraction of Thomas, Kirk and Amundson plus the signing of Galloway would put the Knicks at the 13-man roster minimum, with plenty of flexibility.

Knicks Rumors: ‘Melo, Shumpert, Smith

It’s likely that the Knicks will eventually decide to shut down Carmelo Anthony for the rest of the season so he can rest his sore left knee, a source tells Bleacher Report’s Howard Beck. ‘Melo plans to return January 15th for New York’s game against the Bucks, but he acknowledged that if he’s still feeling pain once he starts playing again, he might undergo surgery, as Marc Berman of the New York Post writes. A long season is just getting longer for the 5-32 Knicks, who top our Reverse Standings with the league’s worst record. Here’s more from New York:

  • Iman Shumpert and J.R. Smith, traded Monday to the Cavs, were probably ‘Melo’s closest friends on the Knicks, Berman writes in the same piece. “When I first committed back to New York, it’s something I always said I have to trust they know what they’re doing,” Anthony said today. “That was one of the reasons I wanted to come back. So here’s an opportunity with the trust. Everything starts now.‘’
  • The Knicks worried that Smith’s poor work ethic and Samuel Dalembert‘s frequent tardiness to practices would be negative influences on the team’s younger players, sources tell Beck for the above-linked piece.
  • Team president Phil Jackson asked Knicks players at the end of last season to identify a reliable second-best player on the team after ‘Melo, and no consensus emerged, Beck also writes.
  • There’s a “slight chance” the Knicks will re-sign Lance Thomas to a 10-day contract should he clear waivers, Berman tweets. New York is set to waive Thomas, as well as Alex Kirk and Lou Amundson.
  • The D-League affiliate of the Knicks is unlikely to trade for the rights to Toure’ Murry, which belong to Houston’s D-League affiliate, a source tells Gino Pilato of D-League Digest (Twitter link). Murry is reportedly joining the D-League after having been waived by the Jazz this past weekend.

Jazz Sign Elliot Williams To 10-Day Contract

WEDNESDAY, 11:29am: The deal is official, the team announced.

TUESDAY, 11:51am: The Jazz are expected to sign Elliot Williams to a 10-day contract soon, reports Marc J. Spears of Yahoo! Sports. The 25-year-old combo guard is in Salt Lake City to take a physical, Spears adds. The Jazz have 15 players, including Elijah Millsap, who signed a 10-day deal Monday, so the team would need to make a corresponding move if it wants to bring Williams aboard before Millsap’s 10 days are up.

Williams, the 22nd overall pick in 2010, would help shore up a Utah backcourt that’s suffering from the absences of Alec Burks, who’s done for the year, and Patrick Christopher and Rodney Hood, who are out indefinitely. The Sixers let go of Williams just before opening night, but a few days later he became the No. 2 overall pick in the D-League draft. The 25-year-old Thad Foucher client has justified that selection, running up 21.3 points, 7.7 assists and 4.7 rebounds in 37.2 minutes per game for the affiliate of the Warriors in 16 appearances this season.

Christopher and Joe Ingles are the only members of the Jazz on non-guaranteed contracts, and Wednesday is the last day the team can waive them without guaranteeing their salaries for the season. The Jazz have planned to clear multiple roster spots, as Jody Genessy of the Deseret News hears (Twitter links). Utah can let go of Millsap anytime, though the team is responsible for a full 10 days’ worth of salary to him regardless of when the Jazz would cut ties.

Blazers Join Pursuit Of Jermaine O’Neal

The Blazers have pitched Jermaine O’Neal on the idea of playing in Portland, but the Mavs remain the front-runners for him, reports Marc Stein of ESPN.com. O’Neal still hasn’t decided whether to play at all this season, though he has a strong connection to the Portland area, according to Stein.

O’Neal lives in greater Dallas and he’s long held aspirations of playing close to home, as Stein wrote last month when he identified the Mavs as the favorites to land O’Neal, a position bolstered when the team traded for Rajon Rondo. The Warriors, Cavs and Clippers also appeared to be in the hunt as of last month, though Stein leaves Golden State out of his latest dispatch.

The 36-year-old center, who played for the Warriors last season, has made it clear that his family will play a key role in his decision-making, which seemingly confirms the Mavs’ status as favorites should he decide to play. O’Neal revealed this week that he’s traveled to Germany to undergo treatments on his knees, seemingly a signal that he’s preparing to make his way back to the court. Dallas president of basketball operations Donnie Nelson said last month that he was confident his team would land either O’Neal or Josh Smith, and shortly thereafter Smith signed with the Rockets.

The Blazers are missing starting center Robin Lopez, who’s likely out for the rest of the month with a broken right hand, and backup big man Joel Freeland is out for at least two weeks with a bruised right shoulder. The team has a full 15-man roster, so it would have to clear a space to sign O’Neal. Portland made O’Neal the 17th overall pick back in 1996, and he played the first four of his 18 NBA seasons with the Blazers.

Emmanuel Mudiay To Stay In China

Marquee draft prospect Emmanuel Mudiay plans to stay in China all season, as he and his family have told Chinese media, according to Jonathan Givony of DraftExpress (Twitter link). The point guard recently took part in his first full team practice with China’s Guangdong Southern Tigers after suffering a sprained ankle in November, Givony also tweets. It appeared a month ago that Mudiay was on his way out as the team signed Will Bynum, ostensibly to serve as his replacement. Now, Mudiay says he’s in no hurry to leave China, and the team has no reason to cut him, since the Tigers have to pay his $1.2MM salary either way, Givony notes (on Twitter).

Bynum joined the team on a temporary basis, as the club was to decide whether to keep him based on Mudiay’s recovery and Bynum’s performance. The Tigers are 14-0 since Bynum began playing for them, Givony points out (Twitter link), and the former Pistons point guard is averaging 19.7 points and 6.7 assists per contest. Mudiay hadn’t been making as much progress with the ankle as the team would have liked when Bynum came on board, and there was disagreement over his timetable for a return. Now that Mudiay is practicing again, the team faces a tough decision, since Chinese Basketball Association clubs can only suit up two healthy Americans, and Guangdong employs former Texas A&M Corpus-Christi center Chris Daniels as its starting pivotman.

Mudiay is the No. 2 prospect in the rankings of both Givony and Chad Ford of ESPN.com, and he’s No. 3 in the Hoops Rumors Draft Prospect Power Rankings that our Eddie Scarito compiles. The 18-year-old signed in China after deciding against attending SMU for what would have been his freshman season this year. He put up 17.7 PPG and 5.9 APG while also averaging 6.0 rebounds and 3.1 turnovers in 30.0 minutes per game in his 10 contests with the Tigers before the injury. The ankle injury kept some NBA teams from getting an in-person look at him this year, but that appears poised to change.

Heat Waive Andre Dawkins

4:20pm: The release of Dawkins is official, the Heat announced.

2:02pm: Dawkins’ agent tells Barry Jackson of the Miami Herald that the team has waived his client (Twitter link), though the Heat have yet to make an announcement. John Spencer of 540 Sports and Entertainment represents Dawkins, according to our Agency Database.

12:52pm: The Heat will release Andre Dawkins before the end of Wednesday, when his contract would become guaranteed for the season, reports Shams Charania of RealGM. Dawkins was a surprising presence on Miami’s opening-night roster thanks to his impressive three-point shooting during training camp and the preseason, but he’s appeared in more D-League games than NBA contests during the regular season. His minimum-salary contract is without any guaranteed money, beyond what he’s already earned this year, though that would change if the team kept him past this week’s leaguewide guarantee date. Miami will be responsible only for the money he’s already made, though his entire salary of more than $507K would come off the team’s books if another team claimed him off waivers.

Dawkins went undrafted out of Duke this past summer, but he made 12 of 20 three-point attempts for the Heat’s summer league team, and five of eight during the preseason. He was an eye-popping 41 of 79 from behind the arc in just eight D-League games this year, but he only made one three-pointer in six tries during 22 total regular season minutes for Miami.

The 23-year-old is the only Heat player without any guaranteed money on his contract, as our roster counts show, though Hassan Whiteside has already earned more than his $100K guarantee provided, meaning he’s on a de facto non-guaranteed deal. Most of Justin Hamilton‘s minimum salary is guaranteed, and the club’s other 12 players have fully guaranteed arrangements.

Hansen, Tull Want To Move Hawks To Seattle

Investor Chris Hansen and financier Thomas Tull are planning to make separate bids to buy the Hawks and move them to Seattle, according to Grantland’s Bill Simmons (Twitter link). Still, the existing owners of the Hawks, who’ve reportedly agreed to sell 100% of the team, want the club to stay in Atlanta, Simmons notes. Anyone who buys the team probably won’t have a chance to relocate it, given the NBA’s desire to stay in the Atlanta market, as Chris Vivlamore of the Atlanta Journal-Constitution wrote amid last week’s reports. Other reports about the sale of the club have consistently indicated that it’s highly unlikely the team changes location.

Hansen teamed with Steve Ballmer to close a deal with the Maloof family to purchase the Kings in 2013, but the NBA rejected the bid and instead awarded the Kings to Vivek Ranadive and his investment team, who pledged to keep the franchise in Sacramento. Ballmer, who since then purchased the Clippers for a record $2 billion, was the primary financial backer of the Hansen-fronted bid, and the pair reportedly offered $650MM to buy the Bucks earlier this year, $100MM more than the team eventually sold for. Still, Hansen has forged ahead with plans to attract NBA and NHL teams to the Emerald City.

Tull is the founder and CEO of Legendary Entertainment, a film production company. He’s owns a minority share of the NFL’s Pittsburgh Steelers. Another “name to watch” in regard to the Hawks sale is Jesse Itzler, according to Simmons (on Twitter). Itzler is a former rap artist who made his fortune with a private plane rental business.

A league source told Grantland’s Zach Lowe last week that the Hawks would likely go for between $750MM and $1 billion, though it appears the price is more likely to end up on the low end of that scale. Others who reportedly have interest in buying the team include former players Dominique Wilkins, Dikembe Mutombo and Chris Webber, former Grizzlies CEO Jason Levien and attorney Doug Davis

Berger’s Latest: Stephenson, Jackson, Crawford

Ken Berger of CBSSports.com shares eye-catching rumors from across the league in his latest must-read piece, which looks ahead to the trade deadline that’s just a month and a half away. We’ll pass along some of the highlights here:

  • The Hornets continue to explore the market for Lance Stephenson, and they’re looking for frontcourt help, Berger hears. Charlotte had reportedly decided to table Stephenson talks late last month, but since that time, Al Jefferson was diagnosed with an injury that’ll keep him out most of January, if not longer.
  • The Knicks tried to pry Reggie Jackson from the Thunder in talks leading up to Monday’s trade, and they’re expected to try to do so again, Berger writes. Still, the Thunder are holding the line against trading him, as Berger adds.
  • Jamal Crawford is off-limits for other teams as the Clippers try to acquire a starting-caliber small forward, sources tell Berger. The Clips, up against a hard cap, have told at least one team that asked about Crawford that they don’t plan to move him.
  • Execs from teams around the league believe the Knicks will be active between now and the draft, as there’s widespread doubt that New York will be able to land a major free agent this summer, Berger hears. There’s speculation that Jose Calderon will be the next Knicks player to be traded, but that’ll be more easily said than done for New York, since the 33-year-old point guard’s contract runs through 2016/17 with salaries in excess of $7MM each year, Berger writes.

Lowe On Cap, Raptors, Nuggets, Cavs, Love

Most league executives assume the salary cap will surge to around $90MM for the 2016/17 season, though they’re preparing for any eventuality, Grantland’s Zach Lowe writes. The cap’s at $63.065MM this year, so that means teams are in line for nearly 30% more spending power within the next two years, thanks to the NBA’s new $24 billion TV deal. Lowe has much more from around the league as teams peer into an uncertain future:

  • Raptors GM Masai Ujiri won’t say whether he’ll trade a first-round draft pick for someone who could help the team this season, but Ujiri tells Lowe that he “won’t make decisions that are going to shorten our growth and help us only this year.”
  • The Nuggets, Ujiri’s old team, appear to be closing in on the realization that the playoffs are out of reach, several league sources said to Lowe. That suggests that current Nuggets GM Tim Connelly is about to change his approach to the team’s roster this season, though that’s my own inference.
  • Chances are the Cavs will send a first-round pick out in a trade that brings back a center this season, Lowe writes in a separate piece. Cleveland maintains “serious off-and-on talks” with the Nuggets and Grizzlies about Timofey Mozgov and Kosta Koufos, respectively, according to Lowe.
  • Kevin Love has insisted on multiple occasions that he’s committed to the Cavs for the long term, but the Grantland scribe believes the All-Star power forward will undoubtedly survey the market in free agency this summer if conditions don’t improve in Cleveland. Love, who has a player option worth more than $16.744MM for 2015/16, is taking fewer shots this season than in any year since he became a full-time starter in 2010/11.