Hoops Rumors' list of 2012 restricted free agents has fewer than a dozen names left on it, and a couple more (Jeremy Lin, Nicolas Batum) are set to come off the board as soon as we get resolution on their respective offer sheets. With a number of players having signed new deals and a few others having become unrestricted, it might not be long before there are no restricted free agents left on the market. But for now, there are still a handful looking for work, and we have updates on a couple of them within today's round-up of free agent rumors….
While most players' contracts include annual raises, or at the very least, identical annual salaries, Steve Novak's new contract with the Knicks is a little different, as Mark Deeks of ShamSports explains (Twitter link). Novak's deal starts at a little over $4MM, dips to below $3.5MM by 2014/15, then rises back up to $3.75MM for 2015/16. The unusual structure of the deal provides the Knicks a small amount of savings in the years when the rest of the team's roster will get extremely expensive.
Deeks shared a number of other contract details from around the league, via Twitter, so let's round them up….
- The Spurs' deal with Danny Green is for three fully-guaranteed years and $11,287,500, with no options.
- Andre Miller will earn $5MM in each of the next two seasons with the Nuggets. The third year of his deal is partially guaranteed for $2MM of $4.625MM.
Earlier updates:
We haven't heard many JaVale McGee rumors this summer, but that doesn't mean that the seven-footer hasn't received any interest. According to Benjamin Hochman of the Denver Post, the Nuggets have a five-year offer worth $50MM on the table for McGee. However, the center's representatives don't appear to be in a hurry to finalize a deal, and will continue to negotiate.
The Nuggets have officially signed first-round pick Evan Fournier to a rookie scale contract, according to a team release. While most first-round signings are merely a formality, Fournier's deal is notable since it means the 19-year-old guard will join the Nuggets immediately rather than continuing to play overseas.
As the 20th overall pick, Fournier is eligible to sign for a first-year salary of up to about $1.36MM.
JULY 11TH: The Nuggets have confirmed in a press release that the team has officially re-signed Miller.
JULY 1ST: The Nuggets have agreed to re-sign guard Andre Miller to a three-year deal, sources tell Marc J. Spears of Yahoo Sports (via Twitter). Terms of the deal have not yet been disclosed.
The Nuggets and JaVale McGee are making progress in negotiations on a new contract, tweets SI.com's Sam Amick. According to Amick, "all signs" point to McGee re-signing in Denver and continuing his tenure with the Nuggets, who acquired him at this year's trade deadline.
Marcus Camby met with the Knicks yesterday and word is that the pow-wow was "very positive," for both sides. The veteran reportedly feels comfortable with the club in part because of his relationship with General Manager Glen Grunwald. Here's the latest out of Madison Square Garden…
- According to Frank Isola of the New York Daily News (via Twitter), there were preliminary discussions about a three-team deal that would have sent Kenyon Martin to the Knicks, but those talks have since cooled.
Earlier updates:
Brandon Roy, Jason Kidd, and Jamal Crawford were among the players to reach agreements with new clubs yesterday, while Nicolas Batum and Jeremy Lin agreed to lucrative offer sheets that their current teams are expected to match. What will Friday bring? Here are the latest rumors on a number of free agents still on the market:
- The Suns and Bulls are the two teams "most heavily in the mix" for Michael Redd, says Chris Tomasson of FOX Sports Florida.
- Marcus Camby will meet with the Heat tomorrow and the Knicks next, tweets Jonathan Feigen of the Houston Chronicle. Feigen adds that Camby likely won't meet with the Rockets until there's resolution on Omer Asik.
Earlier updates:
Happy Fourth of July to all of our American readers! Even though it's a holiday, we're expecting more free agent developments, so we'll be providing our usual updates all day long. Here are a few of Wednesday's more minor free agent rumors, with the latest items added to the top of the page throughout the day….
- Frank Isola of the New York Daily News tweets that Grant Hill will either join Steve Nash in signing with the Lakers or retire.
- Paul Coro of the Arizona Republic tweets that the Suns are unwilling to offer Goran Dragic the $10MM per year he is reportedly seeking.
- Ken Berger of CBSSports.com (Twitter link) hears that negotiations between JaVale McGee and the Nuggets are "going well."
Earlier updates:
The Northwest has certainly been the NBA's most active division on the restricted free agent market so far today, with the Trail Blazers extending Roy Hibbert a maximum offer and the Timberwolves making a hard push for Nicolas Batum. According to Ken Berger of CBSSports.com (via Twitter), Portland's four-year offer to Hibbert is worth $58.4MM. I assume that's based on 2011/12's maximum-salary figures, which are likely to stay the same for 2012/13. Hibbert is leaning toward signing the offer sheet when the moratorium ends, which would give the Pacers three days to match it, says Berger.
Here are a few more Sunday updates out of the Northwest: