Here’s an update on all the NBA free agency buzz over the past week, including news and analysis on the latest with Dwight Howard, the Phoenix Suns and Minnesota Timberwolves making moves and all other resigns and trades. Check it out here.
Here’s an update on the latest NBA free agency news via Reup Sports, including analysis on Jeremy Lin becoming a Rocket, updated Dwight Howard trade rumors and recent signings in Los Angeles. Check out the article here.
For the latest news and analysis on all the action of NBA free agency over the last few days, check out my article via Reup Sports. Today’s post includes Jeremy Lin heading to Houston, Phoenix picking up Luis Scola, the ongoing battle for Nicolas Batum and more!
Check out my free agency update via Reup Sports here! Today’s article has the latest news and analysis on Dwight Howard, the Brooklyn Nets’ active free agency, Jarrett Jack, the New York Knicks, Nicolas Batum, the Dallas Mavericks and Chris Kaman. Keep checking back for more free agency updates and in-depth analysis!
For the latest free agency news and analysis, click here to take you to my newest article via Reup Sports. Today’s post covers Steve Nash leaving for Los Angeles, Ray Allen heading to Miami, the Timberwolves making moves, a whole lot of point guard swapping and all the other major and minor trades and acquisitions of the past few days.
In a particularly dry free agency day, one piece of news immediately jumped out and turned the whole day on its head. Here are the major headlines from the Fourth of July:
Steve Nash Heads to Rival Lakers:
The biggest news of the day was Steve Nash’s decision to play with Kobe Bryant on the Los Angeles Lakers, Phoenix’s biggest and most hated divisional rival. Although calling what the Lakers and Suns have a “rivalry” might not be completely accurate since Los Angeles seems to get the best of Phoenix every time these two teams meet, Nash’s decision quickly dissolved the happy memories of his time in Phoenix into outrage over his decision to put on the yellow and purple colors. Nash explained that the decision was influenced by his desire to be close to his three children in Phoenix and wished the Suns organization nothing but the best for the future, but there’s no question his departure for LA is still a stab in the back to the city of Phoenix. Nash signed a three-year deal with Los Angeles worth around $25 million, instantly turning Los Angeles into title contenders once again. How Nash and Kobe will function on offense remains to be seen, as both guards need the ball to be effective, but there’s no question that having a quality point guard like Nash increases a team’s pick-and-roll game and overall success. Suns management continued to baffle fans with this trade, as the Suns only got four future draft picks for their beloved marquee player who will now leave to join Phoenix’s hated rival. Phoenix received first-round picks in 2013 and 2015 and second-rounders in 2013 and 2014. Not bad overall, but certainly not worth Nash and definitely not enough to raise a fan base’s faith in their management, especially considering Phoenix’s history of wasting draft picks in exchange for cash considerations. To make matters worse for his former team, Nash will try and talk Grant Hill into joining him in LA. Hill said he would either join the Lakers or retire, but considering the fact that he went to Germany for a knee procedure (the same one that revitalized Kobe Bryant’s knee), it doesn’t seem that Hill is ready to retire just yet. If Hill does head to LA to join Nash, the Lakers could be looking at a potential lineup of Nash, Kobe, Ron Artest, Pau Gasol, Andrew Bynum with Hill, Steve Blake and Jordan Hill on the bench. Not bad at all, especially since the Lakers could look into Dwight Howard either next year or in a trade for Gasol/Bynum. Overall, it was a horrible day for Phoenix fans and a glorious one for LA supporters.
Suns Sign Dragic and Beasley:
In a feeble attempt to compensate for Steve Nash’s departure for LA, the Suns signed Goran Dragic and Michael Beasley. Dragic was signed to a four-year deal worth $34 million and Beasley was signed to an $18 million deal for three years. Dragic was a very good signing by the Suns, especially now that Nash is gone. Considering how Dragic thrived in Houston as a starter when Kyle Lowry sat out, the Suns are getting a quality player who deserves a better contract as a starting point guard. As an added bonus, Phoenix was always particularly fond of Dragic when he backed up Nash and will be happy to welcome his back. Unfortunately, the signing of Beasley won’t get many (smart) Suns fans excited. Beasley is a decent player at best and considering how many of those are already on the roster, this isn’t the kind of quality player Phoenix needs, especially with Nash and possibly Hill leaving.
Houston Offers Jeremy Lin a Deal:
The Rockets have offered Jeremy Lin a four-year deal worth around $30 million. The Knicks can almost match Houston’s offer (four years, $24.5 million), but have made it clear they would have to think hard about matching other teams’ high offers for the breakout point guard. After losing Dragic to Phoenix, the Rockets could use a quality backup for Kyle Lowry in Lin, but keep in mind that Lin and the Knicks both want a reunion. What offer New York puts on the table could decide where Lin ends up.
Jason Kidd and Mavs Close to Signing Deal:
Jason Kidd and the Mavericks are closing in on a multi-year deal that will allow the Dallas veteran to end his career where it all began. The amount is unknown, but it will likely be a bit higher than Kidd would normally be worth after the Mavs were unable to bring Deron Williams or Goran Dragic to Dallas.
Spencer Hawes Signs Extension:
Spencer Hawes will be staying in Philadelphia next year after signing a two-year, $13 million deal with the Sixers. Nothing much to report here other than the fact that the 76ers could be shaping up to be a pretty consistent threat in the playoffs for the next few years if they continue to keep so many pieces together (especially with so much youth).
Thunder Add Hasheem Thabeet:
The Oklahoma City Thunder signed former number two draft pick Hasheem Thabeet to a two-year deal. Thabeet has never really panned out to be the quality player with potential he promised to be, with career averages of just over two points and two rebounds per game in his limited time on the floor. This is a questionable signing by the Thunder, especially because Serge Ibaka’s return to OKC is not guaranteed at this point.
Another day, another hundred rumors and moves of NBA free agency. Here’s everything that went down today to keep you up to speed heading into Independence Day:
Deron Williams Staying With Nets:
Deron Williams came to his ultimate decision today, choosing to stay in Brooklyn over leaving for his hometown of Dallas to play for the Mavericks. Williams’ contract is a five-year, $98 million deal that will team him up with Joe Johnson for the time being. Williams coming back is great news for the Nets, but for now, he is just a piece of the puzzle that is still missing Dwight Howard.
Trade Could Still Bring Dwight Howard to Brooklyn:
According to league sources, the trade for Joe Johnson didn’t quite put the Nets out of contention for Orlando superstar Dwight Howard. A possible trade that would send Brook Lopez, Kris Humphries, MarShon Brooks, and first-round picks in 2013, 2015 and 2017 to Orlando in exchange for D-12 is being discussed although nothing is set in stone. The Nets are looking for a third party to facilitate the trade, but the Magic are also looking into possible trades with the Lakers, Hawks and Rockets. The Mavericks are also in the running to get Howard, but only if he waits to explore free agency next year. If the Nets were able to swing Howard down to Brooklyn, they would be giving up a lot, but they’d be looking at a potential nucleus of Howard, Deron Williams and Johnson as well as Gerald Wallace, who signed a four-year extension for $40 million, according to league sources.
Eric Gordon Wants to be a Sun:
The Suns have offered Eric Gordon a four-year deal for $58 million and after visiting Phoxenix, New Orleans’ star point guard feels that it is the place for him. The Hornets can easily match the offer as they have been saying they would if Gordon received any max offers, but Gordon’s comments about wanting to play in Phoenix might mean that New Orleans chooses to let him go. Gordon was supposed to form a solid nucleus with rookies Anthony Davis and Austin Rivers, but it remains to be seen what the Hornets’ plan of action will be.
Jason Terry Agrees to Three-Year Deal with Celtics:
Jason Terry and the Celtics reached an agreement to a three-year deal worth $5 million annually. Although the deal certainly strengthened the bench with a wily veteran sixth man, Boston remains adamant about their desire to resign Ray Allen and Brandon Bass. The Mavericks can match Boston’s offer, but might not do so if they continue to look into point guards and the possibility of Dwight Howard next year.
Ray Allen to Visit Miami, LA Clippers:
Boston free agent Ray Allen will be visiting the Miami Heat this week as he continues to take his time with his options. The Celtics are committed to resigning their 3-point shooting veteran and can offer him a two-year, $12 million deal. However, the lure of winning another championship is certainly going Miami’s way after LeBron James and the Heat defeated Boston in seven games in the Eastern Conference Finals before winning the title. Allen will also visit Los Angeles this week to hear offers from the Clippers, who view him as a starter. A few other teams are also still pursuing Allen, including the Grizzlies, Mavericks, Timberwolves and Hawks.
Jeremy Lin to Visit Houston Rockets:
A few weeks ago, it was very likely that Jeremy Lin would be returning to the New York Knicks. Now, the breakout star point guard is heading to Houston for a visit. The Knicks are certainly looking to resign Lin, but were unsure they’d be able to match other teams’ high offers and said they planned on playing it by ear. Other teams interested in Lin include the Raptors, Nets and Mavericks, although he is seen as a backup for each of these teams.
More Point Guard Activity:
Now that the Mavericks failed to get their hands on Deron Williams, Dallas is looking for quality point guards, turning their sights on Steve Nash and Jeremy Lin. The Mavericks still haven’t made up their minds about Goran Dragic, who is reportedly having problems working out a contract with the Rockets and visited the Phoenix Suns Tuesday. Meanwhile, the Los Angeles Lakers have also taken an interest in Nash, while free agent Jason Kidd has narrowed his decision down to either Dallas or the New York Knicks.
Raptors Offer Landry Fields Three-Year Deal:
The Toronto Raptors have verbally agreed with Knicks’ guard Landry Fields to a three-year deal for nearly $20 million. Fields cannot sign a new contract until July 11 (when all free agents can sign new contracts), but the Knicks can still hold on to him if they match Toronto’s offer. It remains to be seen whether or not New York would spend that kind of money on a role player with Carmelo Anthony, Jeremy Lin, Amare Stoudemire, Tyson Chandler and J.R. Smith all potentially coming back, however.
Pacers Agree to Five-Year Deal with George Hill:
Indiana point guard George Hill signed a five-year extension to stay with the Pacers, though details of the deal were not disclosed. The Pacers will also be looking to keep Roy Hibbert, who was offered $58 million in a four-year deal with the Blazers. Indiana will have to match that offer to retain their All-Star center. However, if they don’t match, league sources say the Pacers will pursue Denver’s JaVale McGee and New Orleans’ Chris Kaman.
Nets Add Bosnian Forward Teletovic and Reggie Evans:
The Nets have verbally agreed to a three-year deal with Mirza Teletovic worth just under $16 million. Teletovic, a Bosnian forward at 6’9″, averaged 22 ppg and six rpg in the Euroleague this season. Since the Nets gave away almost their entire bench to get Joe Johnson and would have to give up even more for Dwight Howard, this signing could prove to be a very helpful addition if his game can translate decently into the NBA. The Nets also acquired the Clippers’ Reggie Evans from the Clippers in exchange for a future second-round pick. Evans was signed to a three-year, $5 million deal.
The Atlanta Hawks and the Nets have agreed in principle to a trade that would send All-Star guard Joe Johnson to Brooklyn. The deal was contingent upon Deron Williams resigning with the Nets at first, but eventually went through anyway, regardless of whether Williams returns or not. Atlanta will clear out a huge amount of cap space with Johnson’s enormous contract out of the way and will receive Anthony Morrow, Jordan Farmar, Jordan Williams, Johan Petro, DeShawn Stevenson and a 2013 lottery protected first round pick.
In the short term, this seems like a questionable trade for Atlanta, but with the big picture in mind, getting rid of Johnson is the first step in trying to assemble a team that can actually compete for an NBA title in the future. Johnson hasn’t lived up to the giant $119 million contract he signed two years ago with Atlanta and at this point, it seems the Hawks have accepted that they can’t contend for a championship with only Josh Smith and the overpaid Johnson leading the way. Shopping Johnson clears up a large amount of money to put pieces around Josh Smith, and although the likes of Morrow, Farmar and Stevenson does’t give much hope for the 2012-13 season, rest assured the Hawks will put their new draft pick to good use and make some big offseason moves to turn things around.
For Brooklyn, this deal is extremely questionable. Aside from nearly sending away their entire bench, the Nets may have just eliminated themselves from the Dwight Howard sweepstakes for this year. Even worse, they may not end up with anything now that the deal is underway without Deron Williams committing to Brooklyn first. Williams and Joe Johnson pairing up would make a formidable backcourt, but there’s no question the Nets would rather have had Superman and Williams over Johnson and Williams. And at this point, they might not even get Williams, meaning the Nets could lose their All-Star point guard, miss out on Howard, send away almost all of their reserves and end up with only Joe Johnson’s large contract to show for it. The fate of the Nets lies with Williams now, as they wait for him to make his decision between Brooklyn and his hometown Dallas Mavericks. But for the time being, the Nets’ big offseason plans may end with Johnson and fall well short of any dreams fans had of seeing Dwight Howard and Deron Williams on the floor together.
Two minor trades have gone down in the past few days with the NBA draft and free agency looming. Here’s a quick rundown:
Bobcats Trade for Ben Gordon – In exchange for Corey Maggette, the Charlotte Bobcats got their hands on Pistons’ sixth man Ben Gordon, along with a 2013 protected draft pick. The move saves Detroit $14 million in the long-term and gives them the 13-year veteran Maggette, who averaged 15 ppg last season despite only playing half of it because of injuries. Maggette has averaged just over 16 ppg in his 13 years in the league and will be a welcome addition after Gordon’s lackluster couple of seasons in Detroit. The trade greatly benefits both sides, as the Bobcats now have a talented albeit streaky shooter in Gordon, and perimeter shooters is an area that Charlotte desperately needed help in. Gordon averaged 12 ppg last year with the Pistons, including one transcendent performance in which he totaled 45 points after making nine 3-pointers without missing.
Houston Rockets ship Chase Budinger to Minnesota – This move isn’t going to drastically alter the fate of either team next year, but it is a slightly curious one for Minnesota nevertheless. The Timberwolves traded their first round pick in the 2012 NBA Draft (number 18) for Chase Budinger and the draft rights to Lior Eliyahu, an Israeli power forward currently playing for Maccabi Tel Aviv. Budinger averaged just under 10 ppg last season for the Rockets, but the decision to trade a first round pick is slightly questionable considering the talented draft class coming in and the fact that Budinger never really developed into the superstar some predicted him to be. However, the young and talented nucleus of Kevin Love, Ricky Rubio and others will certainly welcome more points from this new acquisition. For Houston, this move is a smart one, as the Rockets look to make big offseason moves and will need draft picks to either trade (rumor has it they’re going to go for Dwight Howard) or use to bring in more young talent.
That’s all for now since nothing new has been reported about Ray Allen wanting to join the Miami Heat, but keep checking back to get the latest on NBA free agency and all offseason trades.
The Oklahoma City Thunder gained a valuable asset in the signing of Derek Fisher today, adding the five-time NBA champion to their roster for the remainder of the season. The Thunder are currently sitting atop the West despite losing their backup point guard, Eric Maynor, to a knee injury in January that took him out for the season.
Although Derek Fisher is only averaging 5.9 ppg this year, but this is a good move by OKC in adding a backup to give Russell Westbrook more breathers. Fisher bring championship experience and can hit big shots when his team needs it most. So despite his low field goal percentage, this signing will allow Westbrook to be more explosive when he’s on the floor if he gets more rest time and Fisher should be able to kick in a few points every night off the bench.
The Thunder are heavy favorites in the Western Conference and look poised to make a championship run behind Kevin Durant, Westbrook and James Harden. Fisher brings experience and the knowledge of how to win big postseason games that is invaluable to a young and talented team like the Thunder. It should be interesting to see if this signing becomes as beneficial as it looks on paper.