Lakers Acquire Steve Nash Via Sign-And-Trade
JULY 10TH, 11:10pm: The sign-and-trade sending Nash from the Suns to the Lakers in exchange for four draft picks is official, tweets Mike Trudell of Lakers.com. The Lakers confirmed the news in a press release.
JULY 4TH, 8:09pm: Paul Coro of the Arizona Republic tweets that the Suns will receive the Lakers' 2013 and 2015 first-round picks and their 2013 and 2014 second-round picks.
Free Agent Rumors: Flynn, Heat, Mahinmi
We're less than 14 hours away from the July moratorium coming to an end and this season's signing period beginning in earnest. As of 11:00pm central time tonight, teams can officially sign free agents, trades can be consummated, and players can sign contract extensions. In the meantime, free agents have one more day to try to reach contract agreements before clubs start finalizing the moves they've agreed to over the last week and a half. We'll track today's rumors on free agents here, with the newest updates up top:
- Jonny Flynn has worked out for the Hawks and will visit the Bulls on Friday, tweets Marc J. Spears of Yahoo! Sports. Count the Cavs as another team interested in the point guard's services.
- Look for the Heat to add a minimum-scale big man, such as Kwame Brown or Joel Przybilla, as they finish up their offseason spending, tweets Ira Winderman of the South Florida Sun Sentinel.
- Gery Woelfel of the Racine Journal Times (Twitter link) hears from NBA officials that the Bucks have some interest in Ian Mahinmi.
Earlier updates:
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:
Odds & Ends: Magic, Smith, Haywood, Humphries
This year's amnesty period kicks off on Wednesday and this afternoon Larry Coon of ESPN.com (Insider sub. req'd) ran down his candidates for each of the 23 teams that did not use the provision last year. Among the most likely to go are Mike Miller of the Heat and Darko Milicic of the T'Wolves. After that, there are a number of "jump ball" candidates such as the Mavs' Brendan Haywood. The waiving of Haywood once seemed like a foregone conclusion but after striking out on Deron Williams, Dallas is no longer starved for cap room. Here's more from around the Association..
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:
Latest On Jordan Hill
Unrestricted free agent Jordan Hill has not yet made his decision about where to sign, Jerry Zgoda of the Star Tribune reports via Twitter, despite Hill's cryptic tweet last night that seemed to indicate otherwise. There's no apparent timetable for a decision, as an agreement could be reached as early as tonight or a few weeks from now, Zgoda tweets.
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.
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..
Eric Gordon Unhappy With Hornets
Shortly after receiving an offer sheet from the Suns and flatly stating that his "heart is in Phoenix," free agent Eric Gordon expanded on those comments while speaking with reporters today. The two-guard says that he will play in New Orleans if the club matches the four-year, $58MM offer sheet but won't be happy about it, writes Jimmy Smith of the The Times-Picayune.
