Trail Blazers Rumors

Roy Hibbert, Blazers Reach Verbal Agreement

THURSDAY 5:35pm: The Pacers have yet to decide whether they will match the Trail Blazers' max offer sheet to Hibbert, reports David Aldridge of NBA.com (on Twitter).

SUNDAY 1:28pm: The Blazers and Hibbert have reached a verbal agreement, and the big man will sign an offer sheet with Portland on July 11th, says Joe Freeman of the Oregonian. The Pacers will then have three days to match the offer.

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Free Agent Rumors: Mavs, Dragic, Orton, Blazers

Day 3 of NBA free agency is underway, and the July free agent period hasn't lacked for action so far. We'll use this space to track a number of updates on second- and third-tier free agents as the day continues. Here's the latest:

Earlier updates:

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Blazers Nearing Buyout With Shawne Williams

The Trail Blazers are nearing an agreement to buy out Shawne Williams' contract, tweets SI.com's Sam Amick. Williams, who was traded to Portland earlier this year, exercised his player option worth $3.135MM, which keeps him under contract for one more years with the Blazers.

If the Blazers and Williams agree on a buyout, the team will have the opportunity to spread the cap hit for the deal over the next three seasons under the NBA's stretch provision. An agreement would likely give Portland a couple million more dollars to work with in free agency.

Odds & Ends: Hawks, D-Will, Calderon, Celtics

It's been another whirlwind day of player movement in the NBA, as the Hawks agreed to two significant trades, sending Joe Johnson to the Nets and Marvin Williams to the Jazz. Alex Kennedy of HoopsWorld speculated that Josh Smith may be the next Hawk to go (Twitter link), but Brian Windhorst and Marc Stein of ESPN.com report that Smith is excited about the moves, which would free up plenty of cap space for next summer, when Atlanta could go after Smith and other major targets. Here's news from elsewhere around the busy Association.

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T-Wolves Rumors: Batum, Crawford, Gasol, Hill

The Timberwolves are off to an aggressive start in free agency, having reportedly made a "serious offer" to restricted free agent Nicolas Batum. According to Yannis Koutroupis of HoopsWorld, sources believe the Trail Blazers' willingness to match a big offer for Batum will depend on whether they're able to land Roy Hibbert. Here are a few more updates on the T-Wolves' targets in free agency and trades:

  • Chris Haynes of CSNNW.com updates an earlier story to say that Batum has narrowed his options to the Blazers, with whom he's meeting later this week, and the Wolves, and has postponed visits to other teams.

Earlier updates:

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Latest On Steve Nash

8:42pm: Nash met with the Raptors and Knicks today while the Nets will make their pitch tomorrow morning, tweets Marc Stein of ESPN.com.  The Nets like Nash both as a potential Deron Williams replacement and teammate.

4:22pm: Nash is meeting with the Nets today, a league source tells Stefan Bondy of the New York Daily News (via Twitter).

1:39pm: Nash tells ESPN.com's Marc Stein (Twitter link) that he's eager to talk to the Mavericks if their pursuit of Deron Williams falls through. However, Stein hears that the Knicks and Raptors are Nash's top two choices at the moment, in no particular order.

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Nicolas Batum Has “Serious Offer” From T-Wolves

1:52pm: Minnesota seems to be Batum's preferred non-Portland destination, tweets Chris Haynes of CSNNW.com, adding that the two sides have a "great shot" at reaching a verbal agreement. Jerry Zgoda of the Star Tribune wonders (via Twitter) if that agreement could happen today, since the T-Wolves are trying to get Batum into town for a visit.

7:42am: While the Trail Blazers were visiting restricted free agent Roy Hibbert and offering him a maximum deal, Portland's own RFA Nicolas Batum was being aggressively courted himself. According to Chris Haynes of CSNNW.com, the Timberwolves contacted Batum and made a "serious offer" for the 23-year-old. Haynes reports that the T-Wolves' offer to Batum is in the four-year, $45-50MM range, and that the two sides will meet in Minnesota today to further discuss it.

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Pacers Reach Out To Omer Asik

With the Trail Blazers heavily courting Roy Hibbert and expecting to sign him to a maximum-salary offer sheet as soon as they can, the Pacers are exploring contingency plans. According to Mike Wells of the Indianapolis Star (via Twitter), Indiana has reached out to Bulls restricted free agent Omer Asik.

Wells cautions that the Pacers' interest in Asik doesn't mean the team won't match the Blazers' offer to Hibbert. GM Kevin Pritchard and president Donnie Walsh are simply doing their homework, according to Wells. Asik is also drawing interest from the Rockets, who may be preparing an offer that starts at $8MM.

Northwest Rumors: Millsap, McGee, T-Wolves

The Northwest has certainly been the NBA's most active division on the restricted free agent market so far today, with the Trail Blazers extending Roy Hibbert a maximum offer and the Timberwolves making a hard push for Nicolas Batum. According to Ken Berger of CBSSports.com (via Twitter), Portland's four-year offer to Hibbert is worth $58.4MM. I assume that's based on 2011/12's maximum-salary figures, which are likely to stay the same for 2012/13. Hibbert is leaning toward signing the offer sheet when the moratorium ends, which would give the Pacers three days to match it, says Berger.

Here are a few more Sunday updates out of the Northwest:

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Free Agent Rumors: Lakers, Mavs, Cavs, Crawford

It's past midnight on the East Coast, and that means teams may negotiate with free agents from other clubs, as the NBA's offseason gets under way in earnest. Players can't officially sign contracts until July 11, and trades can't be made official until that date either. That doesn't mean there won't be plenty of talk and agreements in principle between now and then, and if this evening is any indication, we're in for a busy couple of weeks ahead. There are several bits of news rolling in on free agents as July begins, so we'll round up what we're hearing around the late-night rumor mill here.

Earlier updates:

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