Heat Rumors

Southeast Rumors: Stephenson, Deng, Wade

Lance Stephenson will be targeted by multiple teams in the coming days, reports Sean Deveney of The Sporting News. The Hornets had their offer sheet for Gordon Hayward matched by the Jazz, and a league source tells Deveney that Charlotte’s secondary plans of upgrading their roster will bring a Stephenson pursuit to the forefront of the free agency landscape. Here’s more out of the Southeast..

  • The Heat are making progress in their pursuit of Luol Deng, writes Marc Stein of ESPN.com (on Twitter). Deng doesn’t have an offer from Miami yet but expects to talk with the team today, tweets Sam Amick of USA Today.
  • Meanwhile, the Hawks, who were rumored to have interest in Deng, likely won’t be making a deal with the small forward, since the two sides are a ways apart on the dollar amount of a potential contract, reveals Amick (on Twitter)
  • Both Dwyane Wade and Udonis Haslem are negotiating the length and salary of deals to return to the Heattweets Ethan J. Skolnick of Bleacher Report. The pair are expected to remain in Miami on multi-year contracts after opting out to restructure around LeBron James, who left for Cleveland.
  • The Hornets pursuit of Marvin Williams was put on hold while Charlotte waited for the Jazz to officially match their offer sheet for Hayward, reports Adrian Wojnarowski of Yahoo! Sports. Presumably, those negotiations will resume now that Utah has matched the Hayward deal.

Cray Allred contributed to this post.

Cavs Rumors: Love, Andersen, Irving, Miller

Cleveland has had nothing to complain about so far this offseason, landing the first overall selection in the draft, securing Kyrie Irving to a long-term deal, and signing the league’s best player in LeBron James. Let’s have a look at the latest from the Cavs’ camp..

  • Kevin Love is “intrigued” by the notion of being traded to the Cavs, a source tells Marc Stein of ESPN.com, in a report that confirms the All-Star would still be willing to re-sign in Cleveland now that LeBron will be present.
  • The Cavs have been in contact with Chris Andersen‘s agent, but haven’t entered into serious talks yet, reports Sam Amico of FOX Sports Ohio. Amico adds that the Heat are determined to keep the big man from landing in Cleveland.
  • Irving holds an early termination option for the fifth year on the max extension he recently inked with the Cavs, and the deal will also include a 15% trade kicker, reports Adrian Wojnarowski of Yahoo! Sports.
  • Talks between the Cavs and Mike Miller are not yet imminent, but Cleveland is Miller’s top choice, hears Amico (Twitter links).

Cray Allred contributed to this post.

Rockets Rumors: Parsons, Deng, Ariza, Pierce

After striking out on signing Chris Bosh, the Rockets are in scramble mode, writes Jonathan Feigen of The Houston Chronicle. Houston might have some major rebuilding to do after shipping out Jeremy Lin in a cap-clearing move, and Omer Asik is still set to depart as soon as the Pelicans create room to finalize that separate agreement. Here’s the latest on Houston’s latest turbulence, including more from Feigen’s article:

  • The Rockets have been in contact with free agent small forwards Luol Deng and Trevor Ariza, a sign that they are considering alternatives to matching the Mavs offer sheet signed by Chandler Parsons, writes Feigen. Houston was prepared to pay Parsons a max salary as a piece in a premier lineup featuring Bosh, but is less eager to do so now.
  • Paul Pierce recently showed interest in joining the Rockets, although Feigen is unsure if that interest was contingent on Houston obtaining Bosh.
  • The talks with Deng and Ariza were described as “advanced” by Tim MacMahon of ESPNDallas.com (on Twitter). McMahon considers the development a good sign for Dallas’ hopes of acquiring Parsons, but notes that nothing is yet certain.
  • However, Houston appears out of the running for Deng, according to Marc Stein of ESPN.com (Twitter link). Stein says the Rockets are “still in the hunt” for Ariza.
  • The Rockets have joined the Heat, Cavs, and Mavs in pursuit of Chris Andersen, tweets Jared Zwerling of Bleacher Report.
  • Earlier, we passed along news that the Rockets have reached a snag in contract negotiations with No. 25 pick Clint Capela.

Vince Carter Signs With Grizzlies

SATURDAY, 8:00am: The signing is official, the team announced in a release.

SATURDAY, 12:15am: The final year is partially guaranteed for $2MM, according to USA Today’s Sam Amick (Twitter link).

FRIDAY, 11:18pm: Carter had told the Mavs that he would take a two-year, $8MM deal to stay in Dallas, but the team couldn’t go higher than $2.73MM per year due to the offer sheet they signed with Chandler Parsons, tweets MacMahon.

10:53pm: Vince Carter has agreed to a three-year, $12MM deal with Memphis, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). The third year of the deal is partially guaranteed, tweets Wojnarowski. Carter looks to be taking the place of Mike Miller, who was informed this evening that the Grizzlies would not be bringing him back.

The Mavericks had renounced their rights to Carter yesterday, but still hoped to re-sign the veteran. Dallas had been confident they could keep Vince Carter, but all they could offer was a $2.73MM exception, notes Tim MacMahon of ESPNDallas.com (Twitter link). Carter had also reportedly been the subject of pitches from the Heat and others.

The 37 year old veteran had averaged 11.9 PPG, 4.9 RPG, and 3.7 APG while averaging 24.4 minutes per night for Dallas last season. He has lifetime numbers of 20.2 PPG, 4.9 RPG, and 3.7 APG.

Eastern Notes: Hairston, Bazemore, Heat

First-round draft pick P.J. Hairston told Rick Bonnell of the Charlotte Observer that he had no idea his agent, Juan Morrow, wasn’t union-certified, as Kami Mattioli of The Sporting News reported Thursday. It’s unclear if the Hornets, who acquired Hairston in a draft-night trade with the Heat, engaged in negotiations with Morrow, but they’d be subject to a $50K fine if they did, as Mattioli notes.

More from out of the east:

  • The Cavaliers pursuit of free agents Ray Allen and Mike Miller has intensified over the last few hours, reports Sam Amico of Fox Sports Ohio (Twitter link).
  • Miller has a serious interest in joining the Cavaliers, reports Jeff Zillgitt of USA Today (Twitter link).
  • The Bulls and Hornets are in pursuit of Kirk Hinrich, sources tell Adrian Wojnarowski of Yahoo! Sports (Twitter link).
  • The Heat are engaged in discussions with free agents Trevor Ariza and Luol Deng for their job opening at small forward, tweets Wojnarowski.
  • Alex Kennedy of Basketball Insiders tweets that the Hawks and the Hornets are showing serious interest in Kent Bazemore.
  • There is a strong market for Heat free agent Chris Andersen, but he remains “very loyal” to the Miami organization, and hasn’t made a decision about where he’ll sign, reports David Aldridge of NBA.com (Twitter link).

Chuck Myron contributed to this post.

Bulls Pursuing Dwyane Wade

4:31pm: A person close to Wade tells ESPN’s Mark Jones that the shooting guard has no interest in playing for the Bulls, adding that Wade recently sold the house he had there (Twitter link).

3:20pm: The Bulls are “gauging interest” with Dwyane Wade, reports Adrian Wojnarowski of Yahoo! Sports (Twitter link). It’s not clear whether Wade, a Chicago native, would be receptive to a homecoming, given his longstanding ties to the Heat, for whom he’s played his entire NBA career. Wade spent Thursday with LeBron James in an apparent attempt to recruit him back to the Heat, but with James off to the Cavs and Chris Bosh nearing a commitment to the Rockets, the Bulls want to see whether a third member of Miami’s star trio is also willing to leave South Beach.

Wade, 32, has seen his game decline in recent years as trouble with his knees has arisen. Still, he remains a dangerous force, having averaged 19.0 points, 4.7 assists and 4.5 rebounds this past season. He’s No. 7 in the Hoops Rumors Free Agent Power Rankings.

The Bulls are one of two teams that Carmelo Anthony, who’s No. 2 on that free agent list, is reportedly deciding between as he makes his choice of where to sign. The Bulls have also been in hot pursuit of Pau Gasol, and are a favorite for him, too.

Wade passed up two years and about $42MM left on his deal when he opted out in June, ostensibly to help the Heat re-sign James. He’ll have a tough time finding a deal with salaries anywhere close to what he would have made.

LeBron Aftermath: Gilbert, Contract, Wade, Bosh

LeBron James, agent Rich Paul and adviser Maverick Carter met with Dan Gilbert for four hours in Miami last week, reports Adrian Wojnarowski of Yahoo! Sports. Previously, it had been believed that James had only met in person with the Heat this month. It was a moment of mutual reconciliation, as Wojnarowski details.

“We had five great years together and one terrible night,” Gilbert said. “I told him how sorry I was, expressed regret for how that night went and how I let all the emotion and passion for situation carry me away. I told him I wish had never done it, that I wish I could take it back.”

James, later in the conversation, told Gilbert he wished he hadn’t put together “The Decision” television show, and soon the talk turned to the future. Here’s more on LeBron’s decision to head back to his native northeast Ohio:

  • Even after meeting with Gilbert, James was still having trouble with the idea of going back to the Cavs in the wake of Gilbert’s scathing post-2010-decision letter, as USA Today’s Sam Amick details. James made up his mind Thursday that he would return to the Cavs, and worked with Sports Illustrated’s Lee Jenkins into the night on the story in which he revealed his choice, according to Amick.
  • Contract terms have yet to be negotiated, but James is expected to make a long-term commitment to the Cavs, and Cleveland is expected to offer the max, reports Brian Windhorst of ESPN.com.
  • James spoke with Heat owner Micky Arison and team president Pat Riley by phone Friday to inform them that he had decided to join the Cavs, but no one from the Cavs knew of his decision until he publicly revealed it via Sports Illustrated, as Windhorst writes in his piece.
  • LeBron personally informed Dwyane Wade of his decision, but Chris Bosh, who’s traveling out of the country, heard the news through his agent, Windhorst tweets

Bosh Mulling Max Offers From Heat, Rockets

4:02pm: Miami has offered Bosh a deal for five seasons at the maximum salary in hopes of dissuading him from taking Houston’s four-year max offer, TNT’s David Aldridge reports (Twitter link). Only Miami can offer the fifth year.

3:52pm: The Heat are putting up a fight to keep Bosh, who’s set to make his decision today, Wojnarowski tweets.

1:55pm: Bosh will speak with Rockets coach Kevin McHale soon, and he’s nearing a commitment to the Rockets, Wojnarowski reports (on Twitter).

1:28pm: The Heat would target Patrick Beverley in sign-and-trade talks, according to Sean Deveney of The Sporting News (Twitter link).

1:10pm: The Rockets won’t reach out to the Heat about any sign-and-trade scenarios until they receive a firm commitment from Bosh, Wojnarowski tweets.

12:21pm: The Rockets believe that Bosh will commit to them soon, a source tells Marc Stein of ESPN.com.

12:03pm: Bosh and the Rockets are moving quickly toward securing a deal, Wojnarowski tweets, seemingly indicating that he’s headed to Houston. If they do reach agreement, the Rockets will match the Mavs’ offer sheet for Chandler Parsons, Wojnarowski hears, echoing an earlier report.

FRIDAY, 11:55am: In the wake of James’ decision to sign with the Cavs, Bosh hasn’t made up his mind about signing with Houston, tweets USA Today’s Sam Amick, though the Rockets believe they’ll have a commitment soon, a source tells Marc Stein of ESPN.com (Twitter link). The Rockets are moving quickly to complete a deal for Jeremy Lin to clear the necessary cap room for Bosh, according to Adrian Wojnarowski of Yahoo! Sports (on Twitter). They’ll also have to finalize their deal to send Omer Asik to the Pelicans, and the Pelicans are considering waiving Austin Rivers and using the stretch provision to clear cap space, as Grantland’s Zach Lowe tweets, since they still don’t have room for Asik.

THURSDAY, 7:54am: Bosh has yet to decide whether he’d sign with the Rockets, regardless of what happens with LeBron, agent Henry Thomas tells Mark Berman of Fox 26 Houston.

9:01pm: A source denies that any contingency plan is in place with Bosh and Houston, tweets David Aldridge of NBA.com.

6:57pm: Bosh’s intention would be to leave Miami for Houston if LeBron doesn’t re-sign with the Heat, league sources tell Wojnarowski. The Rockets are prepared to clear enough cap room to offer Bosh a four-year, $88MM contract per Wojnarowski’s sources, although it remains to be seen if Chandler Parsons‘ looming offer sheet signing with the Mavs adds a wrinkle to those plans.

WEDNESDAY, 2:49pm: The Rockets and Bosh’s camp are in talks today amid uncertainty over where LeBron will play next season, Wojnarowski tweets.

TUESDAY, 7:20am: Wojnarowski clarifies his report about Bosh’s desire to play in Miami, tweeting that while Bosh indeed prefers to play there, he’s still open to Houston’s offer.

MONDAY, 1:56pm: Bosh is waiting to find out what James is going to do, not the other way around, a source tells Ramona Shelburne of ESPNLosAngeles.com (Twitter link).

1:47pm: Bosh spoke with the Rockets this morning for the first time, Wojnarowski writes. He still prefers to remain with the Heat and play with James, but the Rockets would be Bosh’s top choice should he leave Miami, according to Wojnarowski adds.

1:10pm: Chris Bosh is considering a max offer from the Rockets, reports Chris Broussard of ESPN.com (Twitter link). Bosh received a lower offer from the Heat and spoke to LeBron James this weekend, Broussard adds.

Bosh’s camp and the Rockets had been continuing conversations today after Houston started making a strong push for the Henry Thomas client. Bosh hadn’t personally spoken with any Rockets officials as of last night, but it appears Houston is moving quickly on the sharpshooting big man. It also appears to indicate that the Rockets aren’t waiting around for either James or Carmelo Anthony to decide on their destinations. Perhaps they feel they’re out of the running for one or both of them, though that’s just my speculation.

The 30-year-old has expressed on multiple occasions that he’d like to remain in Miami, and he still prefers to play with James on the Heat next season, as Wojnarowski reported this morning. His conversation this weekend with James seems to have given Bosh the notion that James might not be back with the Heat next season.

Cavs Pursuing Kevin Love

12:33pm: Multiple executives from around the league indicated to Ken Berger of CBSSports that Wiggins would be in play in a Cavs trade for Love, which runs counter to earlier reports (Twitter link).

FRIDAY, 8:09am: Belief that the Cavs wouldn’t part with Wiggins in a trade for Love continues to grow, tweets Darren Wolfson of 1500 ESPN Twin Cities, and a Cavs source told Sam Amico of Fox Sports Ohio on Thursday that Wiggins is untouchable (Twitter link).

WEDNESDAY, 5:07pm: Rival executives tell Chris Mannix of SI.com that the Wolves are giving no indication that they are in a rush to make a deal with Cleveland (Twitter link).

4:24pm: Wiggins would have to be part of any deal for Love, Krawczynski tweets.

4:01pm: The Cavs are indeed pursuing a trade for Love contingent on their ability to sign James, tweets Adrian Wojnarowski of Yahoo! Sports.

1:24pm: The Cavs spoke to agent Rich Paul, the representative for LeBron James, about trade scenarios that would allow Cleveland to acquire Kevin Love, report Sam Amico and Zac Jackson of Fox Sports Ohio. Cavs officials told Paul that engineering such a trade wouldn’t be easy, a source tells Amico and Jackson, and the source added that Cleveland is reluctant to include Andrew Wiggins in a Love trade. Wiggins’ camp doesn’t believe the Cavs are considering trading him, according to USA Today’s Sam Amick (Twitter link).

Cleveland and Minnesota have reportedly engaged in exploratory discussions regarding Love, but those apparently came to an end when the Cavs learned that Love, who can hit free agency next year, wouldn’t re-sign with them. That would change if the Cavs can sign James, as Love is “100%” on board with the idea of staying in Cleveland long-term to play with the four-time MVP, as ESPN’s Chris Broussard reported late last month.

There’s plenty of competition for Love, and Wolves president of basketball operations Flip Saunders seems in no rush to deal his star power forward, even though it’s clear he wants to leave Minnesota. It’s indeed difficult to imagine Saunders giving the OK to deal with Cleveland that didn’t include Wiggins, as Jon Krawczynski of The Associated Press observes (on Twitter), but the Cavs aren’t without other intriguing trade assets, one of which I explained Tuesday.

Rockets, Sixers In Talks On Jeremy Lin Deal

FRIDAY, 12:19pm: The Rockets and Sixers are currently in talks about a Lin deal, but no agreement has been reached, a source tells Bob Cooney of the Philadelphia Daily News (Twitter link).

WEDNESDAY, 11:55pm: The Rockets have a deal in place to send Jeremy Lin to the Sixers if Houston is able to sign Chris Bosh, league sources tell Mitch Lawrence of New York Daily News. The trade would give the Rockets needed cap flexibility in their attempt to make room for Bosh.

The Sixers were reportedly open to such a trade, but wanted to receive a first rounder from Houston as part of the agreement. Lawrence doesn’t report the specifics of compensation, but it seems likely Philadelphia’s demand has been met. That’s speculation on my part, since the Sixers would appear to have more leverage considering the Rockets are being squeezed into a three-day window to have any chance of securing Bosh alongside Chandler Parsons,  who agreed to sign a max offer sheet with Dallas that Houston will have 72 hours to match or decline.

The move would work in conjunction with Houston’s pending agreement to send Omer Asik to the Pelicans, which still depends upon New Orleans’ ability to clear salary before taking back the big man’s contract. Lin and Asik have identical contracts that include a balloon payment exceeding the cap hit in the final year, which is the approaching 2014/15 season.