Rockets Rumors

Free Agent Rumors: Wallace, Grizzlies, Fisher

We're into the home stretch of the July moratorium, and it won't be long before all the moves that have been agreed upon in the last week are made official. In the meantime, teams have two more days to prepare for the next stage of free agency, and the rumors continue to swirl. You can track all of the contract agreements to date using our Free Agent Tracker, and you can follow many of today's free agent rumors right here, with the latest up top….

  • There's a "pretty good chance" that Ben Wallace will return to the Pistons next season, a source tells Vincent Goodwill of The Detroit News.
  • A source told The Commercial Appeal (via Twitter) that it's unlikely that the Grizzlies will sign Russian guard Alexey Shved.  Shved allegedly received offers from the Grizzlies, Cavs, and T'Wolves.
  • However, the Grizzlies are working to bring veteran guard Willie Green to Memphis, The Commercial Appeal tweets.  The soon-to-be 31-year-old averaged 7.6 PPG last year for the Hawks.

Earlier updates:

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Blazers Notes: Leonard, Batum, Barton

Earlier today, Portland General Manager Neil Olshey disclosed that he plans to move from the free agent market to the trade market as it appears that Roy Hibbert will be staying put in Indiana.  Here's more on the Blazers..

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Dwight Howard Rumors: Monday Night

The Magic and Nets are reportedly working to put together a multi-team deal that will send Dwight Howard to Brooklyn.  The Cavaliers and Clippers could be a part of the mega-trade but nothing has been cemented yet and other clubs could be roped in to make the swap a reality.  Here's the latest on D12 and the Magic..

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Knicks Acquire Marcus Camby Via Sign-And-Trade

WEDNESDAY, 1:44pm: The Knicks and Rockets have officially completed the sign-and-trade that will send Camby to New York, the Knicks announced in a press release.

MONDAY, 6:47pm: The Knicks will acquire Marcus Camby from the Rockets via sign-and-trade in a deal sending Toney Douglas, Josh Harrellson, Jerome Jordan, and draft picks, sources told Wojnarowski (Twitter link).  Camby's deal will be a three-year pact worth $13.2MM with the final year partially guaranteed, according to Wojnarowski (Twitter links).  The big man will make $10MM in the first two seasons and $3.2MM in the final year, if he stays on.

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Free Agent Rumors: Lucas, Camby, Lewis

Jeff Green reached an agreement to remain with the Celtics on Saturday, while Aaron Brooks became an unrestricted free agent after the Suns withdrew their qualifying offer to the guard. What will Sunday bring? Here are the latest rumors on a number of free agents still on the market:

Earlier updates:

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Mavericks, Cavaliers, Rockets May Interest Bynum

Yahoo's Adrian Wojnarowski tweets that the Mavericks and Cavaliers are teams with cap space that could interest Andrew Bynum during his pending free agency in 2013. He also mentions the Rockets as another potential suitor. The Lakers recently exercised Bynum's $16.1MM team option for the 2012-13 season, and the 24-year-old center is currently slated to become a free agent next summer. 

Odds & Ends: Magic, Beasley, Rockets, Cousins

The Celtics have had a mixed bag of an offseason thus far as they've managed to retain major pieces such as Kevin Garnett and Jeff Green, but lost Ray Allen last week to the Heat. The latest news out of Boston makes the Jason Terry signing look even more important as Avery Bradley is expected to miss the start of the season as he undergoes surgery on his right shoulder later this week. While he could be back shortly after the season begins, the young guard will miss training camp and could be out until mid-December, writes Steve Bulpett of the Boston Herald. Let's check in around the league to catch up on the latest news and stories making headlines…

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Latest On Marcus Camby

7:31pm: Chris Mannix of Sports Illustrated tweets that the Heat are not interested in including Joel Anthony or Norris Cole in any sign-and-trade deals. Also, Rashard Lewis appears to be their number one target (Twitter link), thus making Camby less of a priority right now. 

5:08pm: Mark Berman of Fox 26 in Houston reports that the Rockets are willing to work out a sign-and-trade with any team, not just the Heat or the Knicks. 

4:50pm: Jared Zwerling of ESPN.com notes via Twitter that Camby's meeting with the Heat, originally scheduled for this morning, was postponed, not canceled. 

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Dwight Howard Rumors: Saturday

There wasn't much movement on the Dwight Howard talks yesterday but the Nets, Lakers, Hawks, Mavericks, and Rockets are all still in play for the Magic star.  Of course, four of those teams could have pause about trading for Howard as he says that he won't agree to an extension with any club other than Brooklyn.  We'll keep track of the latest Howard rumors in this post..

  • Ken Berger of CBS Sports writes that the Rockets continue to have their eye on Dwight and are continuously exploring ways in which they can acquire draft picks and cap space. After dealing Kyle Lowry to the Raptors for a future first-round pick this past week, it is understood that Houston is engaging in sign-and-trade talks involving Marcus Camby under the premise of accumulating more draft picks, which could later be used to sweeten a trade offer to the Magic

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Suns Pull Qualifying Offer To Aaron Brooks

SATURDAY, 5:38pm: According to a tweet by Alex Kennedy of HoopsWorld, the Suns have officially withdrawn their qualifying offer to Brooks, making him an unrestricted free agent. 

3:10pm: Kennedy and Brooks have deleted their tweets, and Jonathan Feigen of the Houston Chronicle, reporting mutual interest between Brooks and the Rockets, refers to Brooks as a restricted free agent. So, it appears the issue has not yet been finalized.

2:04pm: Alex Kennedy of HoopsWorld confirms the Suns have withdrawn the qualifying offer, making Brooks an unrestricted free agent (Twitter link).

FRIDAY, 10:45pm: It appears that the Suns have withdrawn their qualifying offer to Aaron Brooks after the guard sent out a tweet reading, "Unrestricted :-)."   If Phoenix has in fact pulled the qualifying offer from Brooks, he is now an unrestricted free agent.

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