Ray Allen Rumors | Hoops Rumors

Ray Allen To Sign With Heat?

July 5th, 2012 at 8:44pm CST by Zachary Links

The Heat have reached agreement on a deal with free agent guard Ray Allen, Heat owner Micky Arison announced via Twitter. The agreement was confirmed by agent Jim Tanner, tweets Sam Amick of Sports Illustrated. The veteran is widely expected to sign for the mini mid-level exception, worth $3.09MM per year.

"Its 2:30am in London and I was just woken up with great news. Welcome to the family #20!!," Arison announced.

Allen met with Miami on Thursday night without giving them an answer on their contract offer. The 36-year-old reportedly widdled his choices down to the Heat and Celtics, despite interest from other clubs including the Timberwolves and Grizzlies.

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Free Agent Rumors: Hill, Dragic, McGee, Shved

July 4th, 2012 at 10:32pm CST by Luke Adams

Happy Fourth of July to all of our American readers! Even though it's a holiday, we're expecting more free agent developments, so we'll be providing our usual updates all day long. Here are a few of Wednesday's more minor free agent rumors, with the latest items added to the top of the page throughout the day….

Frank Isola of the New York Daily News tweets that Grant Hill will either join Steve Nash in signing with the Lakers or retire.
Paul Coro of the Arizona Republic tweets that the Suns are unwilling to offer Goran Dragic the $10MM per year he is reportedly seeking.
Ken Berger of CBSSports.com (Twitter link) hears that negotiations between JaVale McGee and the Nuggets are "going well."

Earlier updates:

Clippers Rumors: Crawford, Allen, Billups, Hollins

July 4th, 2012 at 8:02am CST by Luke Adams

The Clippers had a "positive meeting" with Jamal Crawford in Los Angeles and made the former Blazer a contract offer, according to Marc J. Spears of Yahoo! Sports (via Twitter). Crawford is still considering a handful of other teams, however, including the Timberwolves, 76ers, Grizzlies, and Suns. Here are a few more Wednesday morning Clippers items:

Celtics Close To Three-Year Deal With Jason Terry

July 3rd, 2012 at 1:43pm CST by Luke Adams

1:43pm: A source tells ESPN.com's Marc Stein (Twitter link) that Terry is expected to give the Mavericks a chance to match the three-year offer before agreeing to sign with Boston.

1:38pm: A. Sherrod Blakely of CSNNE.com confirms (via Twitter) that the Celtics are close to signing Terry for their full mid-level exception. Spears adds (via Twitter) that the deal is expected to be for three years.

Ray Allen Rumors: Tuesday

July 3rd, 2012 at 9:10am CST by Luke Adams

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….

Atlantic Notes: Young, Teletovic, Allen, Gordon

July 1st, 2012 at 8:09pm CST by Zachary Links

Earlier this afternoon we learned that the Raptors have offered Steve Nash a three-year, $36MM deal. The aging point guard is also being courted by the division rival Nets, Knicks, as well as the Mavericks. Here's the latest out of the Atlantic..

Ray Allen Rumors: Sunday

July 1st, 2012 at 1:18pm CST by Luke Adams

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:

Ainge: Ray Allen Is “Our Number One Priority”

July 1st, 2012 at 9:16am CST by Luke Adams

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.

Celtics Targeting Shooting Guards

July 1st, 2012 at 2:19am CST by Luke Adams

Faced with the possibility that Ray Allen may have played his last game with the Celtics, Boston is targeting shooting guards early in free agency, according to various reports. Adrian Wojnarowski of Yahoo! Sports reports that the Celtics are pursuing Jason Terry and have interest in Nick Young, while multiple reports indicate the C's have contacted Jamal Crawford. Alex Kennedy of HoopsWorld adds O.J. Mayo and Sonny Weems to the list of players that have already been contacted by Boston (Twitter link).

Grizzlies Plan To Offer Ray Allen Full Mid-Level

June 30th, 2012 at 4:47pm CST by Luke Adams

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.