Latest On Magic Coaching Search
With the Nets, who had been the leading contenders for Dwight Howard, out of trade talks for now following the re-signing of Brook Lopez, the team has begun to focus on its head coaching search. Josh Robbins of the Orlando Sentinel reports former Pistons coach and current Sixers assistant Michael Curry has been added to the list of candidates for the position.
Free Agent Rumors: Nets, Pacers, Green
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).
Earlier updates:
Pacers Seeking Sign-And-Trade For D.J. Augustin
8:43pm: Rick Bonnell tweets that a trade sending Augustin to the Pacers is unlikely, while Conrad Brunner of Fox Sports Indiana wonders, via Twitter, if Tyler Hansbrough might be part of such a deal.
7:41pm: The Pacers are pursuing a trade with the Bobcats for restricted free agent point guard D.J. Augustin, according to Adrian Wojnarowski of Yahoo! Sports. Indiana has considered simply tendering Augustin an offer sheet, but prefer to make a trade, according to Wojnarowski (Twitter links). The Pacers just agreed to take on Ian Mahinmi in a sign-and-trade that sent out Dahntay Jones and Darren Collison.
The Pacers agreed to a five-year, $40MM deal with George Hill already this month, so unless they decide to go small, either Hill or Augustin would come off the bench. The Pacers have apparently had their eyes on Augustin for a while, as Mike Wells of the Indianapolis Star says they tried to acquire him as part of a deal that included T.J. Ford a couple of years ago (Twitter links).
Suns To Strongly Pursue O.J. Mayo?
O.J. Mayo wasn't the Suns' top target when free agency began, but he may become the team's number one priority very soon. ESPN.com's Marc Stein reports (via Twitter) that if the Hornets match the Suns' offer sheet on Eric Gordon, Phoenix is expected to aggressively court Mayo.
There seems to be little doubt that the Hornets intend to match the Suns' offer sheet and keep Gordon, as both Ric Bucher of ESPN.com and John Reid of the Times Picayune reported earlier on Tuesday. As such, the Suns figure to have a good chunk of cap space left over to use on Mayo, who is seeking a contract worth more than the mid-level exception.
The Pacers are also said to be very interested in Mayo.
Offer Sheets To Watch
Restricted free agents that have agreed to sign offer sheets with new teams can begin doing so as soon as 11:00pm CST tonight. When a player officially signs an offer sheet, his old team has a three-day window to decide whether or not to match it and bring him back.
When a player formally signs an offer sheet, it means only two options are in play for him: He either ends up on the team whose offer he signed, or returns to his old club. Sign-and-trades are no longer an option. So, for restricted free agents like Eric Gordon and Nicolas Batum, who seem to prefer to change teams, it may be worthwhile to explore sign-and-trade possibilities once more before locking into those offer sheets and putting their futures in the hands of the Hornets and Trail Blazers, respectively.
Here are a few restricted free agents that reportedly agreed to sign offer sheets whose situations are worth keeping an eye on:
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:
A.J. Price To Become Unrestricted Free Agent
The Pacers will renounce their rights to A.J. Price, making him an unrestricted free agent, tweets David Aldridge of TNT. The Pacers had tendered a qualifying offer of about $1.09MM to Price, but presumably that deal is now off the table. The move should have a neglible effect on Indiana's ability to match the Blazers' offer sheet to Roy Hibbert and go after other free agents.
Lawrence On Bird, Hibbert, Gordon, Brooks
Larry Bird was leaning toward a return as Pacers president, former Celtics teammates tell Mitch Lawrence of the New York Daily News, until owner Herb Simon nixed the idea of adding a scorer to the team during a meeting with Bird in late June, shortly before Bird resigned June 26th. Bird was considering an offer for Eric Gordon, Lawrence writes, but Simon, who has a net worth of $1.8 billion, doesn't want to pay the luxury tax. Though Indiana has only about $36MM in guaranteed salaries for next season, the Pacers likely couldn't have brought aboard Gordon, who's signed an offer sheet with the Suns for the maximum four years and $58MM, and retained all their free agents without becoming a tax team. Bird's concerns about his shoulder and back were also reasons he stepped down, but the 55-year-old NBA legend left the door open for a return to another team's front office. Lawrence has more from around the league, and we've got the highlights here:
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..
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).
