Renaldo Balkman

Odds & Ends: Wolves, Rockets, Balkman, Draft

The Timberwolves had been looking into obtaining an injury exception to sign a 16th player, but the team is unlikely to add anyone to the roster at this point, according to Darren Wolfson of 1500 ESPN Twin Cities. That includes Dominique Jones, whose camp has been reaching out to teams. David Kahn isn't interested in the ex-Maverick, says Wolfson (Twitter links). Here are a few more updates from around the Association:

  • The Rockets have "quietly been sending out signals" that they'd be willing to trade Omer Asik and/or Jeremy Lin this summer in a deal that would upgrade their roster, according to Sam Smith of Bulls.com.
  • Former Knick and Nugget Renaldo Balkman has been banned from the Philippines' professional basketball league following an altercation with a teammate, according to a Reuters report (via the New York Times). The 2006 first-round pick had been playing for the Petron Blaze Boosters.
  • Jonathan Givony of DraftExpress.com isn't buying the narrative that borderline draft prospects should enter this year's draft because the class is weak. According to Givony, while the 2013 draft looks weaker than normal at the top, it seems to have "great depth" outside of the top five (Twitter links).
  • Amare Stoudemire's contract, which continues to look worse, represents the "Original Sin" of the present Knicks' era, writes Howard Beck of the New York Times.
  • With Carmelo Anthony and Dwight Howard scheduled to face their old teams this week, Ken Berger of CBSSports.com revisits the blockbuster deals that sent the two stars to their current clubs.

International Notes: Eyenga, Balkman, Baynes

It's already been a busy day of basketball news and rumors overseas, so let's check in on some of today's international stories relating to former or future NBA players….

  • Jon Pastuszek of NiuBBall.com writes that former Cav and Laker Christian Eyenga has been formally announced as the newest addition for China's Shanxi Brave Dragons. Eyenga was bought out of his D-League contract to clear a path to China last week.
  • Within the same piece, Pastuszek provides a couple more CBA updates, noting that Rashad McCants may be released soon by the Foshan Dralions and that Blake Ahearn is off to a good start with the DongGuan Leopards.
  • Back in December, we heard that ex-Knick Renaldo Balkman was likely on his way to the Philippines. Now, Emiliano Carchia of Sportando confirms (via Twitter) that Balkman has officially joined Philippines' Petron Blaze Boosters.
  • Following up on a tweet by Djordje Matic, Sportando reports that Australian big man Aron Baynes is close to signing a multiyear deal with the Spurs. However, Steve Kyler of HoopsWorld tweets that it may happen next year instead. I'd be a little surprised if the Spurs used their final roster spot on Baynes now rather than maintaining some flexibility, but we did hear a month ago that a pair of Western Conference clubs were keeping tabs on the Euroleague standout — it appears one of those teams was the Spurs.
  • Despite recent rumors that he could be on his way to the NBA this season, Bobby Brown tells La Gazzetta Dello Sport (English link via Sportando) that he's committed to remaining with Siena.
  • Solomon Jones, who was cut in October by the Suns, is drawing interest from a Chinese team, according to a Hupu.com report (passed along by HoopsWorld).

Odds & Ends: LeBron, Balkman, Magic, Millsap

The teams with the best records in the NBA are hosting the only two games on the schedule tonight, as the 21-6 Thunder, facing the Mavericks, will look to bounce back from a Christmas Day loss, while the 22-6 Clippers set sights on their 15th straight win with the Celtics in town. As we look forward to those contests, let's round up a few odds and ends from around the NBA:

Nets Interested In Renaldo Balkman

Released on Friday by the Knicks after the signing of former Nuggets shooting guard J.R. Smith, Renaldo Balkman may find himself on another NBA roster before the week is up.

According to Fred Kerber of the New York Post, the Nets are looking to upgrade their depth at small forward and have turned their attention to the 27-year-old sixth-year player out of South Carolina. The Nets have been outscored 500-188 at the small forward position on the season heading into Saturday's game against the Bulls. The Nets current starting small forward, DeShawn Stevenson, is known for his defense rather than his scoring ability, which is also true of Balkman. 

The former first-round pick by the Knicks was averaging 3.0 PPG and 1.9 RPG on the season in limited action. 

Knicks Notes: Smith, Balkman, Bibby, Lin, Fields

It's been a busy day already for the Knicks, who appear poised to officially announce that they've signed J.R. Smith and waived Renaldo Balkman. As New York looks for its eighth straight win tonight, let's round up a few links that address the impact of the team's latest moves. And don't worry, there's a Jeremy Lin update too….

  • Sam Amick of SI.com reports (via Twitter) that Smith will receive $2.3MM for this season and a $2.4MM player option for next year. The numbers are slightly different than what Adrian Wojnarowski reported earlier.
  • The addition of Smith doesn't mean the Knicks are done looking for upgrades, tweets Al Iannazzone of Newsday.
  • Coach Mike D'Antoni indicated he'll work Smith into the rotation slowly and that Landry Fields will still continue to start at the two guard for now, writes Marc Berman of the New York Post.
  • With Baron Davis' return date still up in the air, Howard Beck of the New York Times tweets that the team decided to waive Balkman because they need Mike Bibby to back up Lin.
  • In a piece for ESPN.com, CBA guru Larry Coon explains in detail how the Knicks can re-sign both Lin and Fields this summer.

Knicks Waive Renaldo Balkman

The Knicks have waived Renaldo Balkman, according to a tweet from Balkman himself. The Knicks were carrying a full roster of 15 players, so the move clears a spot for the newly-signed J.R. Smith, who also broke his own news on Twitter today.

Balkman, 27, was initially drafted 20th overall by the Knicks in 2006 before being traded to the Nuggets two years later. He made his way back to New York in last season's blockbuster Carmelo Anthony deal, but didn't see much playing time with the Knicks, appearing in just 17 games for the club over the last year. In 221 career contests, Balkman has averaged 4.1 points and 3.5 rebounds in just under 14 minutes per game.

Balkman's contract includes a guaranteed $1.675MM for 2012/13, so the Knicks will still be in the hook for that full amount unless the 6'8" forward signs elsewhere. If Balkman is not claimed on waivers, he'll become an unrestricted free agent.

Knicks Closing In On Deal With J.R. Smith

FRIDAY, 7:50am: The Knicks are expected to add Smith in time for him to make his debut on Sunday, according to Marc Berman of the New York Post. Berman says Renaldo Balkman is the most likely candidate to be waived to clear a roster spot.

THURSDAY, 5:50pm: Alex Kennedy from HoopsWorld (via Twitter) just spoke with Smith, who confirmed he is nearing a deal with the Knicks.

5:35pm: ESPN.com's resident Collective Bargaining Agreement expert Larry Coon tweets that the pro-rated veteran's minimum that the Clippers can offer is worth $656,370 today versus $2,358,871 for the mini mid-level exception.  According to Coon, this is because the mini mid-level exception didn't start pro-rating until February 10, whereas the veteran's minimum began pro-ration on December 26.  In other words, the difference is bigger than we thought. 

4:34pm: The Clippers "still think they have a shot" to sign Smith, a source tells Jared Zwerling of ESPN New York. Smith is expected to make a decision one way or the other within a day or so.

11:52am: The Knicks are closing in on an agreement with J.R. Smith, according to Frank Isola of the New York Daily News. Isola reports that Smith's agent, Leon Rose, met with MSG chairman James Dolan Wednesday night to attempt to finalize a deal.  Mike Bibby, Renaldo Balkman or Toney Douglas are the likely candidates to be released if Smith joins the Knicks. 

As we heard earlier today, the Knicks appear to be vying with the Clippers for Smith, who returned to America from China in the last 24 hours. One advantage the Knicks have over L.A. is the availability of their pro-rated $2.5MM mini mid-level exception. The Clippers could only offer Smith the pro-rated veteran's minimum for the rest of this season. The Knicks could also add a player option for next year to their offer; while Smith would likely decline it and become an unrestricted free agent, it would provide a level of security.

Smith requires a letter of clearance from FIBA before he can officially finalize a contract with an NBA team.

Knicks, Lakers Inquire On Jonny Flynn

The Knicks and Lakers have contacted the Rockets to ask about Jonny Flynn, according to Chris Broussard of ESPN.com (via Twitter). Broussard adds that the Knicks mentioned Renaldo Balkman and Mike Bibby as trade chips, but that the Rockets weren't interested, and no moves are imminent.

The Lakers and Knicks are known to be seeking point guard help. Steve Blake is still recovering from a broken rib, meaning the Lakers are relying heavily on Derek Fisher and rookie Andrew Goudelock. For the Knicks, Baron Davis has been sidelined all season with a back injury and suffered another setback today, leaving Jeremy Lin to start at the point tonight. Both clubs are thought to have interest in Cavs point guard Ramon Sessions.

Flynn, a former Timberwolves lottery pick, has seen less action than ever in Houston this year, having played just 81 minutes in seven games. The Syracuse product has struggled with turnovers throughout his NBA career, recording an assist-to-turnover ratio of 1.57 in his three seasons. Flynn is in the last year of his contract, earning $3.41MM this season.