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SATURDAY, 5:38pm: According to a tweet by Alex Kennedy of HoopsWorld, the Suns have officially withdrawn their qualifying offer to Brooks, making him an unrestricted free agent. 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2:04pm: Alex Kennedy of HoopsWorld confirms the Suns have withdrawn the qualifying offer, making Brooks an unrestricted free agent (Twitter link).

FRIDAY, 10:45pm: It appears that the Suns have withdrawn their qualifying offer to Aaron Brooks after the guard sent out a tweet reading, "Unrestricted :-)."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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Rockets Rumors: Camby, Brooks, Felton, Sessions

Earlier today, we learned that the Rockets are no longer the frontrunner for Marcus Camby as the big man isn’t overly thrilled with the direction that the club seems to be going in.  While the veteran hopes to play for the here-and-now, Houston’s moves this summer indicate that they plan on rebuilding.  Here’s the latest on Camby and the Rockets..

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Free Agent Rumors: Meeks, Sessions, Gee, Cavs

The Rockets are now in play for free agent guard Ramon Sessions, a source tells Jeff Caplan of ESPNDallas.com.  The 26-year-old is said to be seeking a starting job and the security of a multiyear deal, something that the Mavericks seem prepared to offer.  We ran down the day’s free agent rumors earlier today, here’s the latest batch..

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Rockets No Longer Frontrunner For Camby

4:09pm: Marc J. Spears of Yahoo! Sports confirms (via Twitter) that the two teams Camby is visiting in the coming days, the Heat and Knicks, are the frontrunners to land him.

3:23pm: If the questions I received in yesterday's live chat were any indication, Rockets fans aren't entirely on board with the direction of the team's offseason so far. It seems that stance may extend to the team's free agents as well, as a source tells Chris Tomasson of FOX Sports Florida (Twitter link) that Houston is no longer Marcus Camby's preferred destination. According to Tomasson, Camby's tune has "changed greatly" this week, and he's now wary about re-signing with the Rockets, since the team appears to be rebuilding.

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Dwight Howard Rumors: Friday

In yesterday's round-up of Dwight Howard rumors, we heard that the Nets and Magic were "still plugging away" in negotiations, and that the Magic are seeking cap relief in any deal. The Lakers also remain in the hunt, as Kobe Bryant would welcome the opportunity to play with Howard, even if he won't actively recruit him. As the Howard trade talks continue, we'll round up Friday's updates right here, with the latest items up top:

  • There hasn't been any movement on the Howard talks today, according to Ken Berger of CBSSports.com (Twitter link). In addition to the Nets and Lakers, the Hawks, Mavericks, and Rockets remain in play, Berger adds.

Earlier updates:

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Free Agent Rumors: Redd, Camby, Stiemsma

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:

Earlier updates:

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Rockets Sign Donatas Motiejunas

The Rockets officially announced today in a team release that they have signed 2011 first-round pick Donatas Motiejunas to a rookie scale contract. The 21-year-old was the 20th overall pick a year ago, so he figures to receive a rookie contract equivalent to what this year's 20th overall pick (Evan Fournier) would be eligible for — if he signed for the maximum 120%, Motiejunas will make $1,361,400 in his rookie season.

The Rockets acquired the rights to Motiejunas last June in a trade with the Timberwolves. The Lithuanian big man spent the 2011/12 season overseas, playing for Prokom Gdynia in Poland.

Latest On O.J. Mayo

11:18am: Mike Wells of the Indianapolis Star says the Pacers have "great, great interest" in Mayo, and that he's the team's top choice among outside free agents.

9:13am: As the Grizzlies agree to re-sign one of their free agents, Marreese Speights, another Memphis free agent continues to seek a new contract. O.J. Mayo almost certainly won't be returning to the Grizzlies, but he "may be close to something" with the Pacers, according to Steve Kyler of HoopsWorld (via Twitter).

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