JULY 14, 1:05pm: The signing is now official, according to the team.
JULY 5, 7:38pm: Bass' deal with the Celtics is worth $20MM, writes Steve Bulpett of the Boston Herald.
The Knicks’ deadline to match Landry Fields’ 3-year, $18.7MM offer sheet from the Raptors is tonight at 11pm CDT. If they match Lin and Fields, the Knicks will have roughly $86MM committed to those two plus Carmelo Anthony, Amare Stoudemire, and Tyson Chandler for the 2014-15 season, tweets Al Iannazzone of Newsday. Include Jason Kidd and Steve Novak and it’s more than $92MM committed to seven players. The luxury tax penalties really start to get stiff in 2013/14 and that could make the Knicks' decision on Fields a difficult one. Here's more from around the Association..
Earlier this week, the Nets backed out of the Dwight Howard sweepstakes and instead opted to re-sign restricted free agent Brook Lopez. General Manager Billy King told reporters, including Stefan Bondy of the New York Daily News, that it was clearly time to walk away from the talks and focus on the pieces that are already in Brooklyn. “At some point, you have to decide that you’ve got a young center who is pretty good,” King said of Lopez. “It was about getting him under contract and getting him focused, and getting our team focused." Here's more out of the Atlantic..
Rick Bonnell from the Charlotte Observer tweets that the Nets may have offered Kris Humphries either a two-year, $20MM or a three-year, $26MM contract.
As summer league kicks off tonight in Las Vegas, here's some more news from around the league.
Although the Spurs will bring one international prospect stateside this season, having signed Nando De Colo to a contract, another of the team's top international players doesn't appear headed for San Antonio. Spanish club Regal Barcelona announced today that they have re-signed Erazem Lorbek to a three-year deal to remain with the team (English translation via Emiliano Carchia of Sportando). The Spurs, who hold Lorbek's NBA rights, were said earlier this offseason to be "very close" to a deal with the Slovenian forward, so it's a little surprising to see him re-up with Regal Barcelona.
Let's round up a few more Friday morning odds and ends….
The Spurs were two wins away from an NBA Finals appearance this year, and while some fans may be alarmed that the team fell short of a Finals berth after going 50-16, R.C. Buford explained why there's little need to panic (Jeff McDonald of SpursNation reports). Along with the re-signing of Tim Duncan, Danny Green, Boris Diaw, the team announced the additon of point guard prospect Nando De Colo and appear to be excited at the continued development of Kawhi Leonard. Here's the rest of what we've heard tonight out of the Association..
Contracts for first-round picks have minimal variance from team to team, as most first-rounders sign for 120% of the rookie scale amount, with two guaranteed years and two team options. However, deals for second-round picks aren't quite as predictable. While second-rounders generally sign for the rookie minimum, which is $473,604 for 2012/13, certain teams are more willing to give guaranteed years than others. Mark Deeks of Sham Sports has tweeted the details on a few contracts for second-round picks, so we'll round them up below….
We're less than 14 hours away from the July moratorium coming to an end and this season's signing period beginning in earnest. As of 11:00pm central time tonight, teams can officially sign free agents, trades can be consummated, and players can sign contract extensions. In the meantime, free agents have one more day to try to reach contract agreements before clubs start finalizing the moves they've agreed to over the last week and a half. We'll track today's rumors on free agents here, with the newest updates up top:
- Jonny Flynn has worked out for the Hawks and will visit the Bulls on Friday, tweets Marc J. Spears of Yahoo! Sports. Count the Cavs as another team interested in the point guard's services.
- Look for the Heat to add a minimum-scale big man, such as Kwame Brown or Joel Przybilla, as they finish up their offseason spending, tweets Ira Winderman of the South Florida Sun Sentinel.
- Gery Woelfel of the Racine Journal Times (Twitter link) hears from NBA officials that the Bucks have some interest in Ian Mahinmi.
Earlier updates:
After spending seven seasons in the NBA with the Nets, Thunder, and Celtics, Nenad Krstic signed with CSKA Moscow last summer, with the lockout looming. A year later, Krstic has decided to re-up in Russia, as CSKA Moscow announced today (via Twitter) that it has signed the Serbian for two more years, with a team option for a third.