"Elsewhere, the Golden State Warriors agreed in principle with restricted free agent guard C.J. Watson on a one-year deal for slightly more than $1 million. Watson turned down a three-year, $4.5 million offer from Golden State last month, hoping that teams that had expressed interest earlier in the summer, including Orlando and Philadelphia, would come up with improved offers. If Watson signs the one-year deal, he'll still be a restricted free agent next summer, meaning the Warriors could match any offer he receives elsewhere.

But Watson, according to a source, didn't want to be stuck in Golden State for the next three years as the team's third point guard, which the team told him would be his role--a role that would not likely afford him the playing time he's looking for, or the opportunity to put up the kind of numbers that would get him another deal in 2012. Watson thinks it's better to play out the contract, see what's available in free agency next summer and, under a worse-case scenario, then play one more year in Golden State before becoming an unrestricted free agent."