Grizzlies Rumors

Odds & Ends: Butler, Heisley, Kroenke, Bayless

Much of the NBA spent the evening with concerns about Celtics swingman Mickael Pietrus, who suffered a head injury during tonight's game with the 76ers and left the arena in an ambulance. It originally appeared Pietrus would spend the night in a hospital, as ESPN's Chris Forsberg and others reported, but apparently his injury, a concussion, will allow him to return home for the night, Forsberg tweets. Here's more from around the Association:

  • Ira Winderman of the Sun Sentinel reports that Rasual Butler, who is drawing attention from the Bulls, would have gotten a look from the Heat at the beginning of the season had they not signed Shane Battier (Twitter link).
  • Grizzlies owner Michael Heisley is out of the running to buy the Los Angeles Dodgers, but separate groups that include Magic Johnson and Nuggets owner Stan Kroenke remain in the hunt with a decision looming as soon as next week, according to Bill Shaikin of the Los Angeles Times. 
  • Raptors backup point guard Jerryd Bayless shined while starter Jose Calderon missed games with injury earlier this month, and Alex Raskin of HoopsWorld argues the team should bring back the restricted free agent this summer and give him a larger role.
  • Despite a loss to the Raptors tonight, the Knicks have been playing markedly better since Mike Woodson took over as coach, but that doesn't mean the team had quit on former coach Mike D'Antoni, Tyson Chandler says, according to Newsday's Al Iannazzone.
  • Chris Tomasson of Fox Sports Florida tweets that the Pistons have offered retiring Ben Wallace a job for when he hangs up his sneakers, but Wallace is undecided on whether he'll take it.

 


Southwest Notes: Arenas, Camby, Smith, Mills

Here's the latest out of the Southwest, the only division in the NBA that would send four teams to the playoffs if the season ended today:

Odds & Ends: Kaman, Gee, Arenas

The latest news and notes from around the NBA on Wednesday night:

  • NBA.com's David Aldridge reports (via Twitter) that the Hornets' stated plan to finish out the season with Chris Kaman, rather than pursuing a buyout, has not changed.
  • Cavaliers coach Byron Scott told the Plain-Dealer's Tom Reed (Twitter link) that the team views Alonzo Gee as a long-term piece going forward. Gee is set to become a restricted free agent this summer.
  • Grizzlies GM Chris Wallace told radio host Chris Vernon (Twitter link) that the seed for his signing of Gilbert Arenas was planted by a blog post that was sent to him.

Southwest Notes: Mavs, Joseph, Arenas, Grizzlies

Here's the latest from the Southwest Division, where the Mavericks' Monday night victory pulled them into a tie with the Grizzlies, four games behind the division-leading Spurs….

Grizzlies Sign Gilbert Arenas

The Grizzles have officially signed Gilbert Arenas, reports TNT's David Aldridge (on Twitter). Arenas agreed to a one-year deal for the veteran's minimum salary with Memphis, and had been scheduled to take his physical today.

Arenas worked out for both the Grizzlies and Lakers this season, in the hopes of returning to the NBA. The 30-year-old continues to be paid by the Magic, who amnestied him in December with three years and $62MM+ remaining on his contract. Though Arenas posted 22.6 PPG and 18.7 PER for the Wizards just two seasons ago, his numbers took a huge hit last year, falling to 10.8 PPG and 10.8 PER in 70 games with Washington and Orlando.

The Grizzlies figure to have Arenas work off the bench behind Mike Conley at the point. The team won't need to make a corresponding move, as it had two open roster spots available.

Kyler On Arenas, Hickson, Turiaf, Fisher, Powell

In his latest NBA AM piece for HoopsWorld, Steve Kyler checks in on a few free agents and free-agents-to-be, providing updates on their potential destinations. Let's round up the highlights….

  • Gilbert Arenas is expected to take a physical and finalize his deal with the Grizzlies today.
  • The Pacers, Cavaliers, and Raptors, who all have enough cap space to easily absorb J.J. Hickson's $2.35MM salary, won't be placing waiver claims.
  • A number of teams are interested in Ronny Turiaf but "word is" the forward will likely decide between the Celtics and Heat. Like Hickson, he doesn't figure to be claimed on waivers by clubs with cap space.
  • The Lakers have extended an offer to Derek Fisher to join the team's basketball operations staff. However, it doesn't appear Fisher is ready to retire just yet. We heard earlier today that the Thunder and Heat are the favorites to land the longtime Laker.
  • Josh Powell is drawing interest from the Suns and Celtics, as Alex Kennedy of HoopsWorld reported last night. I believe Powell signed in Switzerland late in February, and I haven't seen any reports that indicate he's parted ways with Neuchatel. The Swiss regular season has ended though, so perhaps Powell is lining up an NBA job for when he returns. Since he hasn't played for an NBA team this season, he can sign after March 23rd and still be eligible for the postseason.

Grizzlies Intend To Sign Gilbert Arenas

5:25pm: The Grizzlies are on the verge of signing Arenas and the guard will sign a one-year deal for the prorated portion of the veteran's minimum, sources told Alex Kennedy of HoopsWorld.com. 

4:56pm: Gilbert Arenas worked out for the Grizzlies today and was impressive enough that the team is planning to sign him for the remainder of the season, reports Ronald Tillery of the Memphis Commercial Appeal.

According to Tillery, Arenas is scheduled to take a physical later today. If he passes it and agrees to accept a pro-rated portion of the veteran's minimum salary, Memphis will bring him aboard.

Arenas, 30, was amnestied by the Magic prior to the season and hasn't played in the NBA since then. He worked out for the Lakers earlier this year, but Los Angeles decided not to sign him. If Arenas joins the Grizzlies, Memphis won't need to make a corresponding move, since the team currently has two open roster spots.

Teams With Open Roster Spots

After the flurry of trades, signings, and releases around the league in the last week, it's gotten challenging to keep track which clubs still have the flexibility to make roster moves. To make things a little easier, here's our list of teams who currently have fewer than the maximum 15 players on their rosters, and could add a player without releasing anyone:

Note: The Nets currently have 15 players on their roster, but will open up a spot when Jerry Smith's 10-day contract expires.

Arenas To Work Out For Memphis

Former Wizards star Gilbert Arenas will work out for the Grizzlies on Monday with hopes of securing a contract, reports Michael Lee of The Washington Post. The former All-Star point guard most recently worked out for the Lakers in February, but was not tendered a contract. Arenas, 30, was waived under the amnesty provision by the Magic in the offseason and has not played anywhere else since then.

Thanks to platelet-rich plasma therapy, Arenas is reported to be feeling healthy and in good shape after multiple seasons in which his conditioning had been questioned. Arenas struggled during the 2010/2011 season as he only averaged 10.8 PPG, far below his career average of 21.2 PPG. The Grizzlies would potentially use Arenas as a backup point guard to spell Mike Conley as the team looks ahead to the playoffs.

Billionaire Wants To Buy Grizzlies, Move Team

4:24pm: Matt Steinmetz of CSN Bay Area reports that Ellison is closer to buying the team than Heisley indicates. Steinmetz hears Ellison and Heisley may have a "handshake agreement" on a deal. A source also tells Steinmetz that the Grizzlies could get out of their arena lease as early as 2017 if attendance thresholds are not met. Joe Lacob, part of the ownership team that beat out Ellison for the Warriors, has said repeatedly he considers San Jose as part of Golden State's territory and doubts the league would give the OK to another team moving there, according to Steinmetz.

2:39pm: California software company CEO Larry Ellison has inquired about buying the Grizzlies in hopes of moving the team to San Jose, Ronald Tillery of The Commercial Appeal reports. 

Grizzlies owner Michael Heisley downplayed the possibility, saying he'd be surprised if Ellison buys the team, and cited a lease that ties the Grizzlies to Memphis and the FedEx Forum until 2021.

Heisley said talks with Ellison, whose $36 billion makes him the country's third-richest person according to Forbes magazine, are in the initial stages. Heisley said he's received several dozen other inquiries and prefers to sell the team to a Memphis buyer. The price tag Heisley has set is $350MM, according to Tillery.

Ellison, who heads up Oracle Corp., has made previous attempts in the last five years to buy the Grizzlies, according to Tillery's report, and has made unsuccessful bids for the Hornets and Warriors in recent years.