Four Teams In Running For Darko Milicic
No team submitted a bid for Darko Milicic when the Timberwolves placed him on amnesty waivers, but the former second overall pick is drawing interest now that he's a free agent. According to Marc J. Spears of Yahoo! Sports (via Twitter), the Heat, Clippers, Bulls, and Nets are the frontrunners to sign Milicic.
We heard yesterday that the Nets and Clippers are targeting backup centers, so their interest comes as no surprise. The Heat are also in the market for a big man, after adding a pair of shooters, Ray Allen and Rashard Lewis, in free agency. The most interesting team of the four is the Bulls — K.C. Johnson of the Chicago Tribune wonders (via Twitter) if Chicago's interest in Darko is a hint that the team might let Omer Asik go to Houston.
While Milicic certainly hasn't had the sort of career that the other top-five picks in 2003 have, the 27-year-old is one of the more attractive centers left among this summer's unrestricted free agents. Nazr Mohammed, Ben Wallace, and Ryan Hollins are a few of the other available options.
With the T-Wolves still paying him for the next two years, Milicic is a good bet to sign a minimum-salary deal this summer.
Latest On Courtney Lee
With most of the big-name free agents off the board, Courtney Lee appears to be the top option remaining on the market among wing players. As such, he's drawing plenty of interest — Paul Flannery of WEEI.com writes that agent Dan Fegan advised Lee to be patient, and that patience is close to paying off.
If the Timberwolves' offer sheet to Nicolas Batum is matched by Portland, as expected, both Minnesota and Phoenix will have plenty of cap space to use on Lee. The 26-year-old is also drawing interest from the Bulls and Celtics, though those clubs would likely have to acquire Lee via sign-and-trade.
A deal with Chicago might pique the Rockets' interest, as the Bulls have a $5MM trade exception that could be used to avoid sending salary back to Houston. As the Rockets pursue Omer Asik and Dwight Howard, it's unlikely the team would want to absorb any contracts, which a trade with Boston would require. According to Steve Bulpett of the Boston Herald, Lee has expressed a "strong interest" in playing for Doc Rivers and the Celtics, but with a sign-and-trade difficult to work out and the bi-annual exception unlikely to be enough for Lee, that appears to be a long shot.
Lee may have been a Plan B for some teams that missed out on players like Batum, Eric Gordon, and O.J. Mayo, but as one of the top available targets out there now, he appears to be in line for a lucrative deal.
Free Agent Rumors: Timberwolves, Rush, Mills
A couple more notable names came off the free agent market this morning, when Kris Humphries landed a two-year deal from the Nets and Grant Hill agreed to sign with the Clippers. While a number of solid rotation players are still available, the market is rapidly thinning for teams in search of starters. As clubs continue to jockey to sign the remaining available players, we'll track many of today's free agent rumors right here:
- Jerry Zgoda of the Star Tribune lists who the Timberwolves will target with nearly $14MM in cap space if they lose out on Nicolas Batum, specifically highlighting Courtney Lee, Jordan Hill, and Greg Stiemsma.
- Marcus Thompson of the Contra Costa Times says that despite the delay on an official decision regarding Brandon Rush's future, the Warriors are still likely to retain him.
Earlier updates:
Odds & Ends: Gordon, Cavaliers, Vazquez
- Nick Friedell of ESPN Chicago discusses why the Bulls' title window will shrink over the next two seasons.
- Rick Bonnell of the Charlotte Observer describes the progress that Byron Mullens appears to be making with the Bobcats based on his performances at the Las Vegas Summer League.
- 76ers head coach Doug Collins says he feels "very good" about what the team has accomplished during this offseason, writes John Gonzalez of CSNPhilly.com.
Hawks Acquire Kyle Korver
JULY 16: The Hawks have announced via a team press release that they have officially acquired Kyle Korver from the Bulls in exchange for cash. As noted on Twitter by ESPN.com's John Hollinger, the Bulls receive a $5MM trade exception in the deal, and the Timberwolves are no longer involved.
JULY 13: The trade will also include the Timberwolves, according to Johnson (via Twitter). Korver will be absorbed into the Hawks' $5MM trade exception, and the Bulls will receive a second-round pick from Minnesota, says Johnson. It sounds as if one more detail is required here.
2:18pm: The Bulls have agreed to trade Kyle Korver to the Hawks, reports K.C. Johnson of the Chicago Tribune (via Twitter). The deal is pending a physical, and could become a sign-and-trade involving Kirk Hinrich, according to Johnson.
Odds & Ends: Lin, Drummond, Joseph, Cavaliers
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
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.
Nicolas Batum Signs Timberwolves’ Offer Sheet
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.
Timberwolves Amnesty Darko Milicic
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.
Central Notes: Scola, Cavs, Korver, Pistons
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..