Despite turning down a three-year, $60MM offer from the Clippers when free agency started, Chris Paul is acting like someone who plans on staying in Los Angeles for a long time, writes Hoopsworld.com reporter Alex Kennedy. Paul has been working the phones and setting up face to face meetings with free agents, selling them on joining him for a chance at winning multiple championships. Paul is eligible after the 2012/13 season to sign a five-year, $110MM contract should the Clippers offer it.
So far during the free agent period, we've heard that the Heat are considering offering Ray Allen their full mini mid-level exception, the Grizzlies are offering their full mid-level exception, and the Celtics are offering more than either team. With a number of teams in the hunt for Allen, we'll round up all of today's rumblings on the veteran sharpshooter right here, with any new updates added to the top of the page throughout the day….
As the first day of free agency continues, reports continue to pour in on teams reaching out to certain players, perhaps to schedule meetings or make contract offers. We've rounded up plenty of those items already today, but we'll use this space to follow a few more updates, as they come in….
It's possible that we've heard more rumors and rumblings about Ray Allen than any other free agent on the market so far. The flurry of activity surrounding Allen makes some sense — he's a veteran player with a championship under his belt, and could be obtainable for the mid-level exception, making him a popular target for contenders in need of a shooter. Here's the latest on Allen:
Having reached an agreement with Kevin Garnett to bring him back to Boston, the Celtics have turned their attentions to another one of their veteran free agents — Ray Allen. According to Mark Murphy of the Boston Herald, GM Danny Ainge called re-signing Allen his "number one priority" with free agency underway.
"We want Ray back, and we’re approaching this as the first thing we have to get done," Ainge said.
The Nets, who are reportedly in discussions with the Hawks about trading for Joe Johnson, are considering making a significant offer to unrestricted free agent O.J. Mayo, tweets Adrian Wojnarowski of Yahoo Sports. The Nets were also "deep in discussions" today about a trade for power forward Luis Scola before talks with the Rockets broke down, Wojnarowski also reports via Twitter.
Earlier today, we heard that the Heat intended to aggressively pursue Ray Allen when free agency begins late tonight. However, Miami isn't the only team with Allen atop its wish list. Sources familiar with the Grizzlies' plans tells Ronald Tillery of the Memphis Commercial Appeal that Memphis will go hard after Allen, and intends to offer him the team's full $5MM mid-level exception.
With the NBA's 2012 free agent period just two days away, teams continue to extend qualifying offers to free agents in order to make them restricted. If a qualifying offer is not tendered to a player eligible for restricted free agency, he becomes an unrestricted free agent.
Players who are tendered qualifying offers have the option to accept the one-year contract and hit unrestricted free agency a year from now, but the primary purpose of the offers are to ensure that the player's team can match any offers for him this summer. We'll track today's qualifying offer updates right here, with the latest added to the top of the page….
- The Cavs have made a qualifying offer to Luke Harangody, according to the joint Twitter account of Plain Dealer writers Mary Schmitt Boyer and Jodie Valade. The tender is expected to be around $1.05MM.
Earlier updates:
The Grizzlies will not extend a qualifying offer to O.J. Mayo to make him a restricted free agent, reports Ronald Tillery of the Memphis Commercial Appeal (via Twitter). The decision means that Mayo will become an unrestricted free agent and can sign with any team, without the Grizz having the opportunity to match offers.
Our previous round-up of Thursday's draft rumors was getting a little unwieldy, so here's a new post for the evening's rumors. Even with the draft underway, the rumors continue to pour in, so we'll round up the latest updates right here. Here's the latest draft buzz, with the newest items up top:
- After trading three picks for one to land Tyler Zeller, the Cavs are trying to trade back into the draft, tweets Sam Amico of FOX Sports Ohio.
- The Grizzlies intend to keep Tony Wroten, the 25th overall pick, but are working on a trade, tweets Ronald Tillery of the Memphis Commercial Appeal.
Earlier updates: