Trevor Ariza

Rockets Receive Mavs Offer Sheet For Parsons

6:03pm: The three-day clock on the Parsons offer sheet will begin tonight at 11pm CDT, reports Dwain Price of the Fort Worth Star Telegram (Twitter link), giving the Rockets until Sunday at that time to match. In a separate tweet, Price reports that the deal will pay Parsons $14.7MM next season, $15.36MM in 2015/16 and $16.02MM in 2016/17 for a total of $46.08MM over three years. Price also confirms the third year is a player option.

1:59pm: The Rockets have received the signed offer sheet from the Mavs, USA Today’s Sam Amick reports, so the possibility of a sign-and-trade is out and Houston’s three-day window to match will begin (Twitter link).

1:24pm: Parsons indeed signed the offer sheet, Wojnarowski clarifies, but it simply hasn’t been delivered to the Rockets, meaning it’s not official yet, and the clubs can continue to work toward a sign-and-trade (Twitter link).

12:55pm: Dallas and Houston are indeed in talks about a sign-and-trade involving Parsons, according to Adrian Wojnarowski of Yahoo! Sports (Twitter link). Wojnarowski also says Parsons has yet to sign an offer sheet, repeating what Nelson told reporters earlier today. That’s in spite of the earlier report to the contrary and photos of Parsons signing paperwork that Mavs owner Cuban posted to a social media site, as Eddie Sefko of the Dallas Morning News observed.

11:57pm: Nelson told reporters that the plan is to submit the offer sheet by the end of the night, notes Jeff Caplan of NBA.com (on Twitter), so it appears that’s the deadline for working out a sign-and-trade.

11:52pm: A possible sign-and-trade is in play for the Mavs and Rockets regarding Parsons, which is why Dallas is hesitating to submit the offer sheet, tweets Eddie Sefko of the Dallas Morning News.

11:36am: Mavs GM Donnie Nelson said the team hasn’t submitted any offer sheets, tweets Earl K. Sneed of Mavs.com. That suggests that while Parsons may have indeed signed the offer sheet, the Mavs haven’t officially given the Rockets notice, as required, to begin the three-day matching period.

10:37am: If the Rockets sign Bosh, they intend to match the offer sheet for Parsons if they can before their time to do so runs out, a source tells Jonathan Feigen of the Houston Chronicle (Twitter link). If they don’t sign Bosh, Houston is undecided on matching, Feigen adds.

THURSDAY, 8:04am: Parsons has signed the offer sheet, as Tim MacMahon of ESPNDallas.com writes, but there’s been no announcement from the Mavs, so it’s unclear whether the Rockets have been officially notified and their three-day window to match the offer sheet has begun. The value of the trade kicker is the maximum 15%, according to Spears (Twitter link).

WEDNESDAY, 8:06pm: The deal includes a trade kicker, tweets Spears.

5:56pm: The Mavs and Chandler Parsons have reached an agreement on an offer sheet for three years and approximately $46MM. The third year is a player option, tweets Marc J. Spears of Yahoo! Sports. Marc Stein of ESPN.com was the first to report the agreement (on Twitter), and Adrian Wojnarowski of Yahoo! Sports has confirmed the pending deal (via Twitter). The max salary for a player of Parsons’ status on a three-year deal would be $46,228,710, as we learned earlier today, so Dallas has offered the max or close to it to the small forward.

Parsons will sign the offer sheet when the league moratorium is lifted at 12:01am EDT, a source tells Spears (Twitter link), and the Rockets will have three days to match the deal for their restricted free agent. Houston will be faced with a 72-hour window to resolve its pursuit of Chris Bosh if they want to retain both Parsons and add the Heat veteran, as Parsons currently minuscule cap hold will turn into a massive amount of salary if they match Dallas’ offer. The Rockets would no longer have room to sign Bosh at the max level in that scenario.

Houston chose to decline the slender $960K team option for Parsons this season in a move that preserved their right to match offers for the third-year forward in restricted free agency rather than see him become an unrestricted free agent next summer. Houston has planned on retaining Parsons through this process, although the outcome of their respective pursuits of Carmelo Anthony, Bosh, and LeBron James could have altered those plans. GM Daryl Morey has been in contact with the agents for Trevor Ariza, Luol Deng, and Paul Pierce today, tweets Wojnarowski and Sam Amick of USA Today, three small forwards that would make sense as contingency plans in the event Houston doesn’t match Dallas’ offer. As it stands, Houston hasn’t been notified that they are out of the running on Anthony or James, but don’t appear to be front runners for either star.

Eastern Rumors: Ariza, Celtics, Sixers

The Wizards have spoken with Luol Deng, but remain committed to re-signing Trevor Ariza, league sources tell Adrian Wojnarowski of Yahoo! Sports (Twitter link). Here’s more from the East:

  • Washington is prepared to offer Ariza a raise from last year’s $7.7MM salary, but not upwards of $9MM, which is what the small forward is reportedly seeking, writes Michael Lee of The Washington Post. Both Ariza and the Wizards have anticipated waiting until LeBron James and Carmelo Anthony make their decisions before any progress for Ariza can be made.
  • J. Michael of CSNWashington.com tweets that Ariza is assured of receiving more more money from another team, but that the Wizards hope he will want to remain in Washington for less.
  • The Bulls are now being linked as suitors for Ariza by Chris Broussard of ESPN.com (on Twitter).
  • The Rockets are weighing whether to match Chandler Parsons‘ offer sheet with the Mavs, or pursue Ariza at a lower price, tweets Broussard.
  • The Celtics like the newly acquired Tyler Zeller, but don’t have long term plans for Marcus Thornton, whom they acquired in the same three-team trade, tweets Gary Washburn of The Boston Globe. Washburn says it’s likely Boston will deal away Thornton’s contract or let it expire.
  • Before the Celtics agreed to take part in today’s swap, the Cavs reached out to the Magic and just about every other team in the league as they sought a third team to take Thornton in a three-team deal with the Nets, according to Grantland’s Zach Lowe.
  • Sixers GM Sam Hinkie acknowledged that his team is in position to help other clubs with its ample cap flexibility, pointing to that as a way to faciliate trades, as he told Bob Cooney of the Philadelphia Daily News as part of a Q&A.

Chuck Myron contributed to this post.

Mavs Nearing Deal With Vince Carter

WEDNESDAY, 7:35pm: If Rockets don’t match the max offer sheet the Mavs and Chandler Parsons have agreed to, it would eliminate cap room in Dallas, but the Mavs are still hopeful Carter would re-sign under their $2.73MM cap room exception, a source tells Tim MacMahon of ESPNDallas.com. That amount would be a pay reduction from Carter’s previous deal, and lower than the steady sixth man anticipated accepting this offseason.

MONDAY, 3:27pm: Carter is indeed drawing closer to a deal with the Mavs, but several teams remain in the running and some are pushing aggressively to snatch him away, as Jeff Caplan of NBA.com hears (Twitter link).

3:02pm: The Mavericks are closing in on a deal with Vince Carter, a source tells Dwain Price of the Fort Worth Star-Telegram (Twitter link). The team is still in the market for Chandler Parsons, Luol Deng, Lance Stephenson, Trevor Ariza and Pau Gasol, Price adds.

The Mavs had been growing confident that they’d reach a deal with Carter, as Tim MacMahon of ESPNDallas.com wrote earlier. It’ll likely be a one- or two-year arrangement between $3.5MM and the $5.305MM mid-level exception, MacMahon adds.

Carter has reportedly been the subject of pitches from the Heat and others, but there’s been strong mutual interest in getting a deal done that would bring the 37-year-old sixth man back to Dallas.

‘Melo Wants To Play With LeBron On Knicks

1:59pm: Heat assistant GM and salary cap expert Andy Elisburg will also be at Miami’s meeting with LeBron, according to Wojnarowski (Twitter link).

12:31pm: James and agent Rich Paul will meet with only Riley today, according to Broussard, who corrects his earlier report that Spoelstra, Arison and Wade would take part (Twitter link).

11:51am: Several teams believe Anthony is delaying his decision until he knows what James is going to do, as Ian Begley and Ramona Shelburne of ESPN.com write. There’s been a strong belief of late that Anthony is likely to choose between the Lakers and Knicks, the ESPN scribes say. The Lakers are waiting on both Anthony and James, but they’re beginning to get impatient, worried that they’ll miss out on Pau Gasol and Trevor Ariza, among others, as they hesitate, according to Begley and Shelburne. The Lakers, like the Suns and Cavs, have explored the notion of clearing cap room both Anthony and James, but they haven’t gotten far, according to the ESPN report.

10:38am: There’s still a belief among GMs that James will end up re-signing with the Heat on a one- or two-year max contract, tweets Adrian Wojnarowski of Yahoo! Sports. That conflicts with Mannix’s report that James is seeking a three-year commitment.

8:47am: Carmelo Anthony dreams of playing with LeBron James on the Knicks, a friend of Anthony’s tells Marc Berman of the New York Post. Berman reported earlier this week that the Knicks were worried that Anthony was hesitating to make a decision while the possibility still exists that he could join James on the Heat or the Lakers, but it appears that ‘Melo’s ideal setting for that scenario would instead be New York. Still, Anthony’s friend says the Knicks star hasn’t made up his mind about returning to New York.

Most NBA executives are confident that Anthony will return to the Knicks, given the inherent financial advantage of re-signing with the team, according to Frank Isola of the New York Daily News. Still, money won’t be the only factor in the decision, a person close to Anthony tells Isola. Anthony worked out with Thunder star Kevin Durant in Los Angeles recently, and Durant gave Anthony a strong endorsement of new Knicks coach Derek Fisher, tweets Adrian Wojnarowski of Yahoo! Sports.

Knicks president Phil Jackson is attempting to clear cap room to facilitate Anthony’s long shot hopes of teaming with James in New York, as Berman hears from Anthony’s friend. The Knicks have reportedly shopped Amar’e Stoudemire, and perhaps Andrea Bargnani as well, to open up space. Yet there’s a growing belief that Jackson would be open to a sign-and-trade with another team should Anthony decide to play elsewhere, Isola writes.

The friend of Anthony’s who spoke to Berman insists that James is fond of Jackson and would like the chance to play with ‘Melo. Another source tells Berman that the buzz surrounding the possibility that James would sign with the Cavaliers is coming from the Cavs themselves in an effort to enhance their reputation. The Mavs expect another meeting with LeBron’s representatives again this week in Las Vegas, although it isn’t clear whether or not LeBron will attend, a source tells Eddie Sefko of the Dallas Morning News.

James is meeting today with Heat president Pat Riley, and Chris Broussard of ESPN.com hears coach Erik Spoelstra, owner Micky Arison and Dwyane Wade will also be in attendance (Twitter link). Miami’s contingent enters the sitdown with “nervous anticipation” and no real sense of how James will react to the club’s offseason moves, tweets Chris Mannix of SI.com. James is looking for a three-year commitment in his next deal, Mannix adds (Twitter link), contradicting earlier reports that indicated he would look for an opt-out after one season.

Ryan Raroque contributed to this post.

Amico On Heat, Cavs, LeBron James

The Heat might be in line to add another free agent before the end of the day, sources tell Sam Amico of Fox Sports Ohio. Miami made headlines this afternoon when they agreed to deals with a pair of veterans in Josh McRoberts and Danny Granger. Here’s more from Amico on the Heat, Cavs, and LeBron James:

  • McRoberts’ decision to ink a deal with the Heat is appealing to LeBron, a source tells Amico, since the former Charlotte big man could take over the role of defending opposing teams’ power forwards from James.
  • Amico also hears that bigger name free agents like Pau GasolTrevor Ariza, and Luol Deng aren’t interested in the reduced salaries that the Heat are offering.
  • One Western Conference GM told Amico that plenty of front offices around the league are actually hoping the Heat’s Big Three remains intact. “One thing [Miami has] proven the past four years is they can’t add any real talent around those guys,” the GM said. “Their run will be over in two years, and it may already be. I’d be considerably more scared of LeBron in Cleveland or Phoenix.
  • The same GM suggested that Pat Riley will have a hard time explaining to James the club’s lack of a proven starting point guard.
  • One Cavs source told Amico that Cleveland would be making moves soon and that the front office has been busy trying to improve the team, independent of the club’s pursuit of James. Sources also told Amico they expect LeBron to make his decision on where to sign by Wednesday.
  • Kyrie Irving has reached out to James in an effort to recruit the All-Star forward to Cleveland, hears Amico. Of course, Irving agreed to a long-term extension with the Cavs earlier this month.

Free Agent Rumors: ‘Melo, Ariza, Stephenson

The Lakers aggressively pitched to Carmelo Anthony the idea that he can be the star of the team once Kobe Bryant‘s contract expires in 2016, as Ian Begley of ESPNNewYork.com hears (Twitter link). ‘Melo was to have taken the weekend to make his free agent choice, but it appears he still hasn’t made up his mind. Here’s more from a wild Monday of free agency:

  • The Cavs, Lakers, Heat and Mavs are all pursuing Trevor Ariza, tweets Ken Berger of CBSSports.com. The Wizards are presumably still in the hunt, as well. The swingman is seeking salaries of $9-11MM, Berger adds.
  • The Mavs have indeed shown interest in Lance Stephenson, reversing their previous stance against signing him, reports Chris Broussard of ESPNDallas.com, but it’s still very unlikely the shooting guard will end up in Dallas, tweets Tim MacMahon of ESPNDallas.com. The Pacers‘ recent five-year, $45MM offer disappointed the Alberto Ebanks client, who’s begun shopping for other teams, Broussard writes.
  • The Celtics are also interested in Stephenson, Broussard adds (via Twitter).
  • Marc Stein of ESPN.com (on Twitter) continues to hear that the Thunder are ahead of the Heat in the Anthony Morrow chase.  Along with Pau Gasol, Morrow has been a prime OKC target in free agency.
  • A Chinese team offered Sebastian Telfair a two-year, $7MM deal as word of an impending deal with the Thunder leaked, agent Joel Bell tells Shams Charania of RealGM. Telfair passed that up to strike a one-year, minimum-salary agreement with the Thunder.
  • Paul Pierce‘s representatives are telling teams that he’s looking for a two-year deal worth $9-10MM per season, according to Chris Mannix of SI.com (on Twitter). The Jeff Schwartz client is waiting to see if teams are willing to offer more money once the first-tier free agents come off the board, Mannix adds (Twitter link).
  • The Nets, Trail Blazers and Spurs have worked out free agent Ivan Johnson, tweets Chris Vivlamore of the Atlanta Journal-Constitution.
  • The Hornets are among the teams set to meet with unrestricted free agent Kent Bazemore, tweets Alex Kennedy of Basketball Insiders.
  • Free agent Matt Bonner has remained in contact with the Spurs on a possible reunion and is waiting for the roster to unfold, sources tell RealGM’s Shams Charania (on Twitter).  No other clubs are in the mix for him yet.

LeBron’s Agent Keen On Cavs Return

11:12am: There’s still confidence within the Heat organization that James will re-sign with them as there’s difference between Paul’s agenda and that of James, Wojnarowski tweets.

9:14am: It’s at the urging of agent Rich Paul that Cleveland is looking to clear cap flexibility for a max contract for LeBron James, as Paul has given the Cavs the belief they have a strong chance to sign the four-time MVP, reports Adrian Wojnarowski of Yahoo! Sports. Paul has been telling people for years that it’s been “something of a mission” for him to bring James back to Cleveland, Wojnarowski writes.

James hasn’t been a part of Miami’s recruitment of talent this summer, and that’s sparked some worry surrounding the Heat, as Wojnarowski details. For Cleveland, the ability to sign James would also play a role in rookie scale extension talks with Tristan Thompson this summer, since he’s also a client of Paul’s. Thompson would have increased leverage, with the Cavs in position to pay back Paul for delivering James to Cleveland, Wojnarowski surmises.

The Cavs will try to split their max cap room among second-tier free agents, including targets Channing Frye and Trevor Ariza, if they’re unable to sign James, sources tell Wojnarowski. Cleveland is still thinking about tendering an offer sheet to Gordon Hayward, but the organization expects it wouldn’t extend a max offer to Hayward, and the Jazz plan to match any such offer, Wojnarowski hears.

James still has hard feelings about Cavs owner Dan Gilbert’s sharply worded public letter in response to James’ 2010 departure from the team, as Brian Windhorst and Marc Stein of ESPN.com reported earlier. That letter, which had been up on the Cavs official website for the past four years, has apparently been removed, Windhorst tweets.

Western Notes: LeBron, Warriors, Mavs

The Warriors could have dealt Harrison Barnes to the Magic for Arron Afflalo and a future first-round pick, a source tells Ric Bucher of 95.7 The Game (on Twitter).  The Warriors passed, but such a deal would have eased losing Klay Thompson in a Kevin Love trade.

More from the west:

Zach Links contributed to this post.

And-Ones: Deng, Mavs, Ariza

Luol Deng is apparently sticking to his desire for $12MM per season, notes Sam Amico of Fox Sports Ohio (Twitter link). Deng has spoken with the Heat who are unsure about how much cap space they will have until LeBron James, Chris Bosh, and Dwyane Wade make their decisions, and the Hawks who are currently unwilling to pay that amount, according to the tweet. Deng’s best chance might be with the Mavericks who he is scheduled to meet with soon, opines Amico.

Here’s more from around the league:

  •  Cody Taylor of Basketball Insiders runs through the best and worst performances from the first day of Summer League action, including some lottery picks making their debuts.
  • The Rockets and the Cavaliers are getting closer to creating max contract slots, tweets Adrian Wojnarowski of Yahoo! Sports. The Rockets are discussing deals for Jeremy Lin, and the Cavs have been shopping Jarrett Jack packaged with a draft pick, notes Wojnarowski.
  • Nate Duncan of Basketball Insiders looks at the Mavericks cap situation after the reported signing of Devin Harris.
  • Trevor Ariza met with the Heat on Thursday, reports Michael Lee of The Washington Post (Twitter link).

Latest On Luol Deng

The Hawks were reportedly mulling a run at Luol Deng as of last week, and it looks like they’ve indeed moved forward with a pursuit, as coach Mike Budenholzer was set to meet Thursday with the 29-year-old forward, USA Today’s Sam Amick reports. Amick also adds the Rockets to the list of suitors for the client of Herb Rudoy and Ronald Shade.

Deng is seeking $12MM salaries, roughly the same amount of space Atlanta has beneath the cap, Amick writes. Atlanta’s deal with Thabo Sefolosha has apparently boosted the team’s stock with Deng, who has a close relationship with his former Bulls teammate, and Deng is also friends with Hawks sharpshooter Kyle Korver, another former sidekick in Chicago, Amick notes.

Reports on Thursday indicated that the Clippers and Deng had mutual interest and that the 10-year veteran would speak Thursday with Clippers coach/executive Doc Rivers, who’s searching for sign-and-trade scenarios to upgrade his capped-out roster. Still, it looks like Rivers is demanding too much for Cleveland’s liking for the Cavs to go along with a sign-and-trade involving Deng, Amick says.

Deng is unlikely to make his decision before Carmelo Anthony does, according to Amick, and the Rockets in particular would be inclined to wait as they hold out hope of signing ‘Melo. The Heat, Wizards, Mavs, Suns, Bulls have all been reported to have interest in Deng since the start of free agency, but while Shade has said his client would welcome a chance to re-sign with Chicago, Amick deems the idea of Deng reuniting with the Bulls as a long shot. Washington would only remain in the market for Deng if they can’t come to terms with Trevor Ariza, Amick also says.