Raymond Felton Rumors | Hoops Rumors

Knicks Acquire Raymond Felton From Blazers

July 19th, 2012 at 1:42pm CST by Daniel Seco

THURSDAY, 1:42pm: Mark Deeks of ShamSports clarifies that Felton's deal with the Knicks is for four years and about $14.86MM, with a fourth-year player option.

MONDAY, 4:13pm: The trade is official, according to a Blazers press release. The Knicks receive Felton and Thomas, while the Blazers get Jeffries, Gadzuric, Papanikolaou, Printezis, cash, and a 2016 second-round pick. As ESPN.com's John Hollinger points out (via Twitter), the Knicks can't be sending more than $1MM to Portland, since they already sent $2MM to Houston in the Marcus Camby deal.

MONDAY, 7:59am: A few more details of the swap, courtesy of Jason Quick of the Oregonian and Howard Beck of the New York Times: The Blazers will acquire Jeffries, Gadzuric, Papanikolaou, and Georgios Printezis, and cash from the Knicks, with New York also paying for Jeffries' 2012/13 salary, which appears to be for the veteran's minimum (Twitter links). Felton, meanwhile, will earn $10.5MM on his three-year deal (Twitter link).

SUNDAY, 11:37am: According to a tweet from the Oregonian's Jason Quick, the Knicks might be sending Kostas Papanikolaou to Portland along with an undetermined amount of cash to help pay Jared Jeffries' $3.1MM salary. Papanikolaou is a Greek forward who was selected by New York in the second round of the 2012 NBA draft.

SATURDAY, 9:53pm: The Knicks are set to acquire Raymond Felton from the Trail Blazers in a sign-and-trade deal, reports Frank Isola of the New York Daily News (via Twitter). The Blazers will sign Felton to a three-year, $10MM contract prior to completing the trade. Forward Kurt Thomas will be joining Felton in New York as the Knicks will send Jared Jeffries, Dan Gadzuric and a 2016 second round pick to Portland to round out the deal.

In addition to receiving Thomas and Felton from the Trail Blazers, the Knicks will also acquire the rights to two players currently in Europe. The Knicks now face the decision of matching the Rockets' offer sheet to Jeremy Lin or allowing the former Harvard star to leave for Houston as Felton becomes New York's latest starting point guard.

The acquisition of Felton will provide the Knicks with a seemingly cheaper alternative to Lin as the third year of his offer sheet from the Rockets was designed to be cost prohibitive. While it appeared Lin was destined to return to the Knicks regardless of price, the Knicks may simply not believe that the 23-year-old is worth the money being offered to him by the Houston. Stefan Bondy of the New York Daily News suggests that Lin may not even want to play in New York, which would be reason enough for the Knicks to reconsider making such a heft investment in the young guard (via Twitter).

Felton, 28, enjoyed success with the Knicks during his first stop with the team during the 2010/11 season before being trade to the Nuggets as part of a package to acquire Carmelo Anthony. The former Tar Heels star averaged 17.1 PPG and 9.0 APG in 54 starts with the Knicks under then head coach Mike D'Antoni's tutelage. Felton's play fell off after landing in Denver and continued to struggle when he was traded to the Trail Blazers after the 2010/11 season. His time in Portland saw the veteran guard average a career-low 11.4 PPG as he started nearly all of his team's games.

For the Trail Blazers, receiving anything for Felton, an unrestricted free agent, serves as an added benefit for the franchise as it crafts a new identity. Look for Portland to waive Gadzuric and use Jeffries as a defensive specialist off the bench.

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Poll: Should Knicks Match Lin’s Offer Sheet?

July 15th, 2012 at 10:06am CST by Daniel Seco

With the Knicks set to acquire point guard Raymond Felton from the Trail Blazers, the team is left to decide whether it should match Jeremy Lin's backloaded offer sheet from the Rockets. The Knicks would have four point guards on their roster if they elect to retain Lin's services, which could make for a very crowded backcourt.

There's no denying the impact Lin made during the 2011/12 season, but he only managed to play in 35 games and suffered a season-ending injury in late March. However, the team's record with Lin on the court (20-15) was significantly better than when he was on the bench or injured (16-15). Should the Knicks pay Lin or should New York simply let the former Harvard star take his talents to Houston?

Knicks Set To Acquire Felton, Let Lin Leave

July 14th, 2012 at 8:53pm CST by Daniel Seco

8:53pm: Tony Dutt, Felton's agent, says the Knicks have a verbal agreement in place that will send his client to New York in a sign-and-trade deal with Portland, reports Mark Berman of FOX 26 Houston (Twitter link).

8:28pm: Marc J. Spears of Yahoo! Sports says Lin is close to becoming a Rocket as the Knicks finalize a deal for Felton (via Twitter).

8:21pm: The Knicks have been in talks with point guard Raymond Felton as a decision on Jeremy Lin's future with the team looms, reports Frank Isola of the New York Daily News (via Twitter). Isola tweets that if New York elects to pass on Lin, the team would attempt to acquire Felton through a sign-and-trade with the Trail Blazers. The move would allow the Knicks to add a quality young point guard to their backcourt without sacrificing the team's financial future given how Lin's offer sheet from the Rockets is structured.

Odds & Ends: Hinrich, Bulls, Meeks, Mayo, Tolliver

July 7th, 2012 at 9:51pm CST by Ryan Raroque

Aggrey Sam of CSN Chicago reported earlier that the Bucks presented Kirk Hinrich with an offer of about $4 MM per year, while the Bulls have made an offer somewhere between the veteran's minimum and around $2 MM per year. The proposed length of either deal is still unknown. Although the Bulls have been relatively quiet at this point during the offseason, Sam thinks that Chicago could eventually become financially viable for free agent point guards such as Ramon Sessions, Raymond Felton, Jerryd Bayless, and Delonte West, who could be available if they are not acquired during the first wave of free agent signings. Derek Fisher and Jonny Flynn were also mentioned as potential additions.

We are currently less than four days away from the end of the NBA's moratorium period, and here is the rest of what we've heard around the league this evening…

Ersan Ilyasova plans to meet with Bucks owner Herb Kohl on Tuesday, which is seen as an important opportunity in the team's effort to retain the 6'10'' forward (Gery Woelfel of the Journal Times reports). Earlier this week, we reported that Milwaukee offered a deal worth around $40MM over five years.

Sam Amico of Fox Sports Ohio tweeted that the Lakers are scheduled to meet with unrestricted free agent Jodie Meeks early next week. In another tweet, Amico says that the Celtics have reportedly stepped up their interest in O.J. Mayo, but thinks Boston would likely have to add him via a sign-and-trade.
Jerry Zgoda of the Star Tribune tweeted that although the Timberwolves express interest in Anthony Tolliver, the team has not made any promises. Zgoda also added via Tolliver's agent that there are five other teams that have shown interest.
Mary Schmitt Boyer of The Plain Dealer answered some questions from Cleveland fans about the Cavaliers' offseason. While the team appears committed to keeping Anderson Varejao, Boyer thinks that his name will be brought up by other teams during trade discussions. With regards to free agency, she believes that Anthony Tolliver, Sonny Weems, Jonny Flynn, and Royal Ivey could be targets.
Ben Golliver of the BlazersEdge wonders if there are more front office changes coming after the resignation of Larry Miller, considering that the Trail Blazers still have executives held over from two prior regimes (Twitter link).
Carmelo Anthony publicly endorsed the Knicks' efforts to recruit Marcus Camby, writes Al Iannazzone of Newsday.
Bulls forward Taj Gibson told Nick Friedell of ESPN Chicago that he'd like the team to keep Omer Asik and would be ecstatic if the team somehow found a way to bring unrestricted free agent Kirk Hinrich back to Chicago. The two had been teammates during Gibson's rookie season.
Keith Langlois of Pistons.com writes about Austin Daye and Charlie Villanueva as two players who will look to stake their claim as the stretch-four in Lawrence Frank's rotation. Both are in Orlando participating in summer league practices, but only Daye will compete on the Pistons' summer league team.
Brian Schmitz of the Orlando Sentinel talked about Jameer Nelson's return to the Magic and what it means for his leadership role moving forward.

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Rockets Rumors: Camby, Brooks, Felton, Sessions

July 6th, 2012 at 10:32pm CST by Zachary Links

Earlier today, we learned that the Rockets are no longer the frontrunner for Marcus Camby as the big man isn’t overly thrilled with the direction that the club seems to be going in. While the veteran hopes to play for the here-and-now, Houston’s moves this summer indicate that they plan on rebuilding. Here’s the latest on Camby and the Rockets..

Knicks Frontrunners For Raymond Felton

July 5th, 2012 at 7:56am CST by Luke Adams

Having missed out on Steve Nash, the Knicks have turned their focus elsewhere, and have emerged as the frontrunners for ex-Knick Raymond Felton, reports Frank Isola of the New York Daily News. Felton signed in New York two summers ago, but was shipped to Denver in the blockbuster deal that brought Carmelo Anthony to the Big Apple.

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:

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..

Suns To Meet With Robin Lopez, Michael Beasley

July 1st, 2012 at 12:35pm CST by Luke Adams

With a good chunk of cap room expected to be available, the Suns are scheduling meetings with both their own free agents and other teams', according to the team's official Twitter feed. President Lon Babby, GM Lance Blanks, and coach Alvin Gentry are in Los Angeles to meet with unrestricted free agent Michael Beasley and Suns restricted FA Robin Lopez. Babby also said the team hopes to meet with Eric Gordon, Raymond Felton, and Goran Dragic later in the week.

Odds & Ends: Miller, Mavs, Martin, Cavs, Olympics

July 1st, 2012 at 2:45am CST by Luke Adams

Brad Miller decided earlier this year to retire at season's end, and went on an emotional note in April, receiving a standing ovation in his final game with the Timberwolves. But according to agent Mark Bartelstein, it's "not a certainty" that his client will retire, tweets Chris Tomasson of FOX Sports Florida.

I have to wonder what Miller's contract situation is, for the T-Wolves' sake — his $5.1MM 2012/13 was only partially guaranteed, so if he'd been waived by June 30th, he would've received $848K of it. If he'd officially filed for retirement, he would have forfeited the salary. But if neither of those things happened, will Miller still be on Minnesota's books for $5MM+? We'll have to wait for some clarification on that front, but in the meantime, here are some odds and ends from around the league, as free agency begins: