Nate had a great idea to have one ongoing post for keeping track of all these rumors. So, keep checking back here throughout the days ahead (we'll try to figure out how to "sticky" this) for rumors, actual things that happen (omg!), and tons of great discussion. I'll try to post as often as possible, but remember, I do actually have a day job! So you guys should feel free to use the comments to post whatever you're hearing.
Latest News
Commissioner,
It would be a travesty to allow the Lakers to acquire Chris Paul in the apparent trade being discussed.
This trade should go to a vote of the 29 owners of the Hornets.
Over the next three seasons this deal would save the Lakers approximately $20 million in salaries and approximately $21 million in luxury taxes. That $21 million goes to non-taxpaying teams and to fund revenue sharing.
I cannot remember ever seeing a trade where a team got by far the best player in the trade and saved over $40 million in the process. And it doesn’t appear that they would give up any draft picks, which might allow to later make a trade for Dwight Howard. (They would also get a large trade exception that would help them improve their team and/or eventually trade for Howard.) When the Lakers got Pau Gasol (at the time considered an extremely lopsided trade) they took on tens of millions in additional salary and luxury tax and they gave up a number of prospects (one in Marc Gasol who may become a max-salary player).
I just don’t see how we can allow this trade to happen.
I know the vast majority of owners feel the same way that I do.
When will we just change the name of 25 of the 30 teams to the Washington Generals?
Please advise….
Dan G.
Dan Gilbert on trade (via Yahoo! Sports)
The latest news will always be right before the jump.
Older News
ESPN CP3 trade latest: Trade with Lakers will NOT go through Friday and Chris Paul is expected in Hornets camp, according to sources
via @ESPNSTeinLine
Free agent forward Mike Dunleavy will sign a two year, $7.5 million deal with the Milwaukee Bucks, league source tells Y! Sports.
The bidding to sign Clips' DeAndre Jordan to an offer sheet Friday likely to include G-State, Houston, New Orleans and Denver, sources say.
via @WojYahooNBA
Multiple league executives say the Knicks are now in the lead to land Tyson Chandler, jumping in front of the Warriors.
If the deal goes through, the Knicks use amnesty on Chauncey Billups and move Ronny Turiaf to make room for Chandler, sources say.
If Knicks amnesty Billups and move Turiaf, they could offer Chandler a four-year deal starting at about $14M.
With NBA free agents allowed to officially sign contracts on Friday, Chandler has a deal from the Warriors in front of him worth more than $60 million over four years, according to two league sources.
via Steinmetz Biedrins would be amnestied (obviously).
Hornets guard Chris Paul will not commit to signing a contract extension after this season with the Golden State Warriors or Los Angeles Clippers if he is traded to either team, citing the potential financial hit if he were to do that rather than becoming a free agent and signing a new deal with a new team next summer, according to league sources. That has left potential deals with both teams in limbo.
report from David Aldridge Ok, can we move on now?