Pelicans Rumors

Southwest Rumors: Anderson, Pargo, Miles

The Rockets have arguably been the Southwest team in the news most often this month, as they've pursued restricted free agents and continued to try to land a superstar like Dwight Howard via trade. For now though, Daryl Morey and the Rockets are playing the waiting game, as they wait to see whether the Knicks will match their offer sheet for Jeremy Lin. In the meantime, here are a few updates on Houston's division rivals….

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Odds & Ends: Fields, Scola, Blazers, Gordon

The Knicks’ deadline to match Landry Fields’ 3-year, $18.7MM offer sheet from the Raptors is tonight at 11pm CDT.  If they match Lin and Fields, the Knicks will have roughly $86MM committed to those two plus Carmelo Anthony, Amare Stoudemire, and Tyson Chandler for the 2014-15 season, tweets Al Iannazzone of Newsday.  Include Jason Kidd and Steve Novak and it’s more than $92MM committed to seven players.  The luxury tax penalties really start to get stiff in 2013/14 and that could make the Knicks' decision on Fields a difficult one.  Here's more from around the Association..

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T-Wolves Waive Webster, Trade Miller To Hornets

5:48pm: The Timberwolves have also traded Brad Miller and two second round picks to the Hornets for a future second round pick, the team announced today.

4:15pm: The Timberwolves have released Martell Webster, according to Adrian Wojnarowski of Yahoo! Sports (via Twitter). Webster's contract for 2012/13 was only partially guaranteed, so most of his $5.7MM salary will come off Minnesota's books. Assuming he clears waivers, Webster will become an unrestricted free agent and can sign with any team.

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Hornets, Clippers Talk Belinelli Sign-And-Trade

The Clippers have interest in Marco Belinelli, but having already committed their full mid-level exception to Jamal Crawford, don't have a ton of cap flexibility to sign him. As such, the Clips have discussed the possibility of a sign-and-trade deal with the Hornets, as we heard from ESPNLosAngeles.com's Ramona Shelburne earlier this week. However, according to John Reid of the Times Picayune, the Hornets aren't interested in L.A.'s offer of Ryan Gomes and a second-round pick.

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Griffin Injured During Team USA Scrimmage, Davis Recalled

10:15pm: Broderick Turner of the Los Angeles Times reports that the injury is a meniscal tear that will require arthroscopic surgery. 

9:15pm: Yahoo's Marc J. Spears says that although Blake is done with the Olympics, he should be ready for training camp (Twitter link). 

4:32pm: Adrian Wojnarowski of Yahoo Sports tweeted earlier that Blake Griffin hurt his knee during a scrimmage with Team USA and will return to Los Angeles for further examination by team doctors. Just yesterday, Griffin signed a five-year maximum extension to remain with the Clippers. 

Team USA officials have summoned Anthony Davis back to Las Vegas immediately to fill in as Griffin's replacement, according to Wojnarowski (via Twitter). 

Odds & Ends: Nets, Villanueva, Warriors, Bulls

As busy as the Nets have been so far this month, we haven't heard much out of majority owner Mikhail Prokhorov. That changed today, however, as Prokhorov released an official statement discussing the team's offseason:

"I'm thrilled with the way our team has come together. My congratulations and appreciation go out to general manager Billy King, assistant general manager Bobby Marks and head coach Avery Johnson for their tenacity, nerve and heart throughout this process. With the re-signing of Deron Williams and the trade for Joe Johnson, we go into our new home led by an All-Star backcourt and with every hope of a great season for the Brooklyn Nets. I can't wait until opening night."

While Prokhorov starts counting down the days until opening night, we'll round up the rest of the morning's odds and ends right here:

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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….

Earlier updates:

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Warriors Acquire Jarrett Jack; Wright To Sixers

9:26pm: The deal has been finalized, according to a press release by the Warriors. The Warriors receive Jack from New Orleans, the Sixers receive Wright from Golden State and center Darryl Watkins from New Orleans, and the Hornets receive the rights to Bavcic from Philadelphia.  

2:35pm: Marcus Thompson of the Bay Area News Group reports that the deal is getting close, but cautions that it's "fragile" and could fall apart. Still, Jack himself seems to acknowledge he'll be moved, tweeting: "Well new Orleans it's been real like to thank all the fans u treated me great during my time as a hornet. ‪#movingon."

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Hornets Acquire Ryan Anderson In Sign-And-Trade

WEDNESDAY, 10:40am: The Magic have officially announced the completion of the Anderson/Ayon sign-and-trade in a press release.

SUNDAY, 3:21pm: The Hornets will acquire Ryan Anderson in a sign-and-trade deal with the Magic, writes Yahoo! Sports columnist Adrian Wojnarowski. Once the moratorium ends, Anderson will agree to a four-year, $36MM deal with New Orleans, and the Magic will receive Hornets center Gustavo Ayon

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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:

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