Chicago Bulls Rumors | Hoops Rumors

Odds & Ends: Lin, Drummond, Joseph, Cavaliers

By Michael Pina | at July 15, 2012 3:08 pm

With ongoing uncertainty surrounding Jeremy Lin's tenure with the Knicks, ESPNNewYork.com's Jared Zwerling took the liberty of comparing the former Harvard point guard's skill set with the incoming Raymond Felton, who was acquired in a sign-and-trade with Portland last night. According to a few advanced statistics it's evident that Lin would be the better basketball option for New York, but the decision to let him go would be more of a financial one.

As we dig into this Sunday afternoon, here are a few more tidbits from around the league.

Bulls Shopping Richard Hamilton

By Daniel Seco | at July 15, 2012 9:27 am

The Bulls are looking to find a trade partner in hopes of moving shooting guard Richard Hamilton, according to a report from K.C. Johnson of the Chicago Tribune. Hamilton, 34, is set to earn $5MM in the second year of the contract he signed with the Bulls in December 2011. The third year, a team option for 2013/14, can be bought out for $1MM.

The former Huskies star averaged 11.6 PPG and 3.0 APG during his first season in Chicago in which he missed over half the season due to a shoulder injury. Hamilton would be a great fit for a contender as his level of play improves during the playoffs. In 126 career playoff games, Hamilton has averaged 20.2 PPG and 3.7 APG with the Pistons and Bulls.

7 comments Chicago Bulls Richard Hamilton

Nicolas Batum Signs Timberwolves’ Offer Sheet

By Luke Adams | at July 14, 2012 7:46 pm

SATURDAY 7:46pm: The Trail Blazers' unwillingness to work out a sign-and-trade with the Timberwolves may stem from the two teams' ongoing discussions to resolve a dispute involving a prior trade for Webster, reports Ric Bucher of ESPN.com.

FRIDAY 6:15pm: After waiving Martell Webster and trading Brad Miller earlier today, the Timberwolves will not be able to submit their offer sheet to Nicolas Batum until Sunday, writes Jaynes.

THURSDAY 9:51pm: Dwight Jaynes of CSNNW.com writes that Minnesota added a 15% trade kicker to Batum's offer sheet in which a hefty 15% tax is imposed on the team that trades him during his new contract. This essentially makes it more difficult for Portland to match the deal, however, since the Timberwolves have not submitted the offer sheet to the league yet, there still remains the possibility of a sign-and-trade with the Trail Blazers.

7:13pm: Joe Freeman of OregonLive.com tweeted that the Trail Blazers have not received a signed offer sheet from Batum yet. Freeman also added that GM Neil Olshey did not indicate whether or not Portland and Minnesota were engaged in sign-and-trade talks (Twitter link).

6:24pm: Jason Quick of The Oregonian reiterated a point that the Timberwolves would have to waive Martell Webster and Brad Miller before Minnesota can extend an offer sheet to Nicolas (Twitter link).

1:29pm: Timberwolves majority owner Glen Taylor says the Timberwolves will submit Batum's offer sheet to the NBA by the end of the business day, giving Portland one last chance to work out a sign-and-trade, tweets Jerry Zgoda of the Star Tribune. Zgoda adds (via Twitter) that the T-Wolves are offering draft picks, but won't give up Derrick Williams or Nikola Pekovic.

11:53am: Nicolas Batum has officially signed a four-year, $46.5MM offer sheet with the Timberwolves, according to Chris Haynes of CSNNW.com. In order to make room for Batum's offer sheet, the Timberwolves officially announced that they have amnestied Darko Milicic.

Batum's signing gives the Trail Blazers three days to either match the offer or let the young forward head to Minnesota. It also means that a sign-and-trade is no longer an option for the Blazers and T-Wolves.

Batum and his agent have both indicated that the 23-year-old would like to move on from Portland, leading to speculation that the Blazers and Timberwolves could work out a sign-and-trade deal that would net Portland some assets for letting Batum go to Minnesota. However, it appears the two sides were unable to work out a deal, so the Wolves will take their chances with the offer sheet and hope they've called Neil Olshey's bluff — the Portland GM has said the Blazers will match any offer for Batum. If Portland does officially match the deal, the club can't trade Batum for the next year without his consent.

The Bulls, meanwhile, had been involved in three-way trade talks with the Wolves and Blazers about a Kyle Korver deal, but those discussions are now dead, tweets K.C. Johnson of the Chicago Tribune. Johnson speculates that the Bulls could revisit Korver discussions with the Hawks.

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10 comments Chicago Bulls Minnesota Timberwolves Portland Trail Blazers Transactions Brad Miller Kyle Korver Martell Webster Nicolas Batum

Timberwolves Amnesty Darko Milicic

By Luke Adams | at July 14, 2012 5:08 pm

5:08pm: Count the Celtics, Nets and Clippers among the frontrunners to acquire Milicic, reports Marc J. Spears of Yahoo! Sports (via Twitter).

SATURDAY, 4:15pm: Milicic has cleared waivers and is now an unrestricted free agent, ESPN.com's Marc Stein reports (Twitter link).

THURSDAY, 11:55pm: The Timberwolves have officially waived Milicic and designated him as their amnestied player, the team announced (via Twitter). Teams with cap space can place bids on Darko, starting at a minimum of about $2.5MM, according to SI.com's Zach Lowe (via Twitter). If he goes unclaimed, he'll become an unrestricted free agent.

3 comments Chicago Bulls Minnesota Timberwolves Portland Trail Blazers Transactions Darko Milicic Kyle Korver Nicolas Batum

Central Notes: Scola, Cavs, Korver, Pistons

By Zachary Links | at July 14, 2012 11:15 am

Yesterday, the Rockets officially used their amnesty clause to release forward Luis Scola. It's possible that the big man will clear waivers and become an unrestricted free agent, but there are interested teams out there, including one out of the Central division..

0 comments Atlanta Hawks Chicago Bulls Cleveland Cavaliers Detroit Pistons Luis Scola

Free Agent Rumors: Humphries, Stiemsma, Lin

By Luke Adams | at July 12, 2012 11:02 pm

As NBA teams continue to agree to contracts and officially sign this year's free agents, you can keep tabs on all the activity by checking out Hoops Rumors' 2012 Free Agent Tracker. We're continuously updating our database to reflect the latest contract agreements, adding details on years and salaries as they become available. But there are still plenty of unsigned players left on the market, so we'll track today's rumors on those guys right here:

TNT's David Aldridge (via Twitter) cites league sources that believe Kris Humphries would be more inclined to remain with the Nets than leave for the Bobcats. Marc Stein tweeted that the Nets could be involved no matter what Humphries decides to do, and could end up offering to negotiate a sign-and-trade if he chose Charlotte.
The Timberwolves are waiting for Portland to make a decision on Nicolas Batum before they extend an offer sheet to Greg Stiemsma, according to A. Sherrod Blakely of CSNNE.com.

Earlier updates:

Jeremy Lin will sign his $28.8MM offer sheet with Houston on Friday, marking the start of the three day clock in which the Knicks can match the offer (Twitter link via Howard Beck of the New York Times).
TNT's David Aldridge says that the Nets want to keep Kris Humphries and are not currently facilitating a sign-and-trade deal with the Bobcats (Twitter link). In fact, it appears that both teams are competing against each other to sign him. ESPN's Marc Stein tweets that Charlotte is currently offering a three-year deal worth $22MM, while the Brooklyn is offering three years and $24MM.
Jared Zwerling of ESPN New York tweets that the Knicks have interest in Ronnie Brewer.
Tim McMahon of ESPN Dallas reports that the Mavericks remain interested in re-signing Delonte West.
Chris Tomasson of FOX Sports Florida says that although Rasheed Wallace had been contemplating a return since 2010 and even had a workout with the Heat last season, the 6'11 forward/center appears to be "done" (Twitter link).
With the Bulls casting out a wide net in free agency, Mike McGraw of the Daily Herald tweets that Chicago could have already been in touch with Greg Oden.
Chris Haynes of CSNNW.com tweets that Will Barton and his agent are currently working out a deal with the Trail Blazers.
If they lose Nicolas Batum, the Timberwolves are interested in signing Courtney Leeoutright, rather than in a sign-and-trade deal, tweets Yannis Koutroupis of HoopsWorld.
C.J. Watson will become an unrestricted free agent if he clears waivers tomorrow afternoon, but there's no guarantee he'll go unclaimed. Alex Kennedy of HoopsWorld tweetsthat Watson is drawing interest from several teams.
Brad Miller isn't technically a free agent, but his contract for 2012/13 is non-guaranteed, meaning he could hit the market soon. While Miller is expected to retire, agent Mark Bartelstein tells Chris Tomasson of FOX Sports Florida that nothing is official on that front. The deadline to waive Miller without paying his full guarantee is July 30th, so the Timberwolves are expected to continue looking to include him in a trade before that date.
The Bulls, Mavericks, Lakers, Cavaliers, and Timberwolves are eyeing Anthony Tolliver, according to Chris Tomasson of FOX Sports Florida (Twitter link).
Courtney Lee and the Timberwolves have continued to talk daily since free agency opened, according to Darren Wolfson of 1500 ESPN Twin Cities (via Twitter). Jerry Zgoda of the Star Tribune agrees that Lee could become Minnesota's top target if the team's offer sheet for Nicolas Batum is matched by the Trail Blazers.
Greg Oden's agent Mike Conley tells Chris Tomasson of FOX Sports Florida that his client has begun working out and is interested in playing in the NBA in 2012/13. Conley's comments about Oden's desire to play this season, perhaps with the Heat, echo what we heard in May.
The Bulls continue to negotiate with John Lucas III even though he's drawing interest from the Heat, Wizards, and other teams, tweets K.C. Johnson of the Chicago Tribune.

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20 comments Chicago Bulls Cleveland Cavaliers Dallas Mavericks Los Angeles Lakers Miami Heat Minnesota Timberwolves New York Knicks Portland Trail Blazers Washington Wizards Anthony Tolliver Brad Miller C.J. Watson Courtney Lee Delonte West Greg Oden Greg Stiemsma John Lucas III Rasheed Wallace Ronnie Brewer Will Barton

Bulls Notes: Rose, Asik, Howard, Hinrich

By Ryan Raroque | at July 12, 2012 10:24 pm

Derrick Rose's road to recovery appears to be progressing along nicely according to his brother Reggie, who says that the Bulls superstar is "way ahead of schedule." Rose is now walking without a brace and is currently in California enjoying a quiet retreat from Chicago in the meantime (Scott Powers of ESPN Chicago has the report). Here's what else we've heard out of Chicago tonight, including more on Omer Asik, thoughts on Dwight Howard, and a returning Bull..

0 comments Chicago Bulls Derrick Rose Dwight Howard John Lucas III Kirk Hinrich Omer Asik Patrick Beverley

Odds & Ends: Nets, Villanueva, Warriors, Bulls

By Luke Adams | at July 12, 2012 11:03 am

As busy as the Nets have been so far this month, we haven't heard much out of majority owner Mikhail Prokhorov. That changed today, however, as Prokhorov released an official statement discussing the team's offseason:

"I'm thrilled with the way our team has come together. My congratulations and appreciation go out to general manager Billy King, assistant general manager Bobby Marks and head coach Avery Johnson for their tenacity, nerve and heart throughout this process. With the re-signing of Deron Williams and the trade for Joe Johnson, we go into our new home led by an All-Star backcourt and with every hope of a great season for the Brooklyn Nets. I can't wait until opening night."

While Prokhorov starts counting down the days until opening night, we'll round up the rest of the morning's odds and ends right here:

5 comments Brooklyn Nets Charlotte Hornets Chicago Bulls Detroit Pistons Golden State Warriors New Orleans Pelicans Charlie Villanueva Omer Asik Patrick Beverley Rashard Lewis Taj Gibson

Latest On Nicolas Batum

By Chuck Myron | at July 11, 2012 10:51 pm

10:51pm: If the Blazers and Wolves fail to work out a trade and the Wolves sign Batum to an offer sheet, the Wolves will have to make a series of moves to do so, given what's expected to be a $10MM first-year salary in Minnesota's offer to Batum, reports Jerry Zgoda of the Star Tribune.

The moves would include buying out Brad Miller and Martell Webster and using the amnesty clause to waive Darko Milicic, Zgoda says, adding the Wolves may also have to trade a player. Luke Ridnour, J.J. Barea and Wesley Johnson are possible trade candidates in that scenario. Ridnour or a draft pick could be headed to the Bulls in a deal that would send Kyle Korver to the Blazers.

6:33pm: Chris Haynes of CSNNW.com has Olshey's comments on the possibility of a sign-and-trade for Batum.

You don't close the door to anything in this league,” the Blazers GM said. "But, from what I can see, as far as what they can viably offer as of today, I would think Nicolas would have more value than what they can put in a sign-and-trade.”

3 comments Chicago Bulls Minnesota Timberwolves Portland Trail Blazers Brad Miller Darko Milicic J.J. Barea Luke Ridnour Martell Webster Nicolas Batum Wesley Johnson

Free Agent Rumors: Nets, Pacers, Green

By Luke Adams | at July 11, 2012 9:57 pm

The July moratorium came to an end late last night, and a number of teams didn't waste any time in finalizing moves. The Lakers' acquisition of Steve Nash was the first transaction to become official, followed closely by the Knicks' signing of J.R. Smith, Deron Williams' contract with the Nets, and Blake Griffin's five-year extension with the Clippers. We're expecting more deals to be formally announced today, but there are plenty of free agents still on the market too. We'll be tracking the latest news on those guys right here, with the newest items added to the top of the page throughout the day….

The Nets are considering Kenyon Martin and Craig Smith and discussing a sign-and-trade for Antawn Jamison, clouding Kris Humphries' future with the team, according to Adrian Wojnarowski of Yahoo! Sports (Twitter link).
The Pacers are targeting unrestricted free agent Gerald Green as their wing player off the bench, and are expected to offer him a three-year, $10MM contract, according to Mike Wells of the Indianapolis Star. O.J. Mayo and Courtney Lee are out the team's price range at the moment (All Twitter links).