Jul 11, 2012, 9:05 PM EDT
All the deals that have been reported in the past 10 days — such as Deron Williams re-signing with the Nets — go from “agreement reached” to “pen on paper” today. The league has a 10-day moratorium on signings that begins with free agency July 1, but that is over. Today you sign your name on the line that is dotted.
Here is a running tracker of deals we know to be signed and new deals announced on what will be a busy day (so check back often, all times Eastern).
• Jamal Crawford made it official and signed a deal with the Los Angeles Clippers. Adding him and Lamar Odom to their core from last year is an upgrade, we’ll see if it’s enough of one to keep Chris Paul happy.
• With Collison gone, the Pacers have targeted D.J. Augustin for a trade.
• J.J. Hickson has signed a one-year deal with the Portland Trail Blazers.
• The Nets have reached a four-year, $61 million deal to keep Brook Lopez. That’s overpaying for him.
• The Dallas Mavericks have reached terms with Chris Kaman, who is a German national team teammate of Dirk Nowitzki.
• Trail Blazers GM Neil Olshey confirms that Portland will match Minnesota’s offer for Nicolas Batum and keep him.
• Dwight Howard to the Nets is dead and it sounds like the Magic are retreating from the trade talks for a bit and will reassess where things stand. What a mess. For Howard, for the Magic, for everyone. And this is really just a hiatus for the trade talks, not an end.
• The Kings re-signed forward Jason Thompson, as had been agreed to a few days back.
The Dorell Wright trade sending the Warriors swingman to the 76ers just expanded — Jarrett Jack is going to Warriors as part of the deal. The Hornets clear $5.4 million off their books and the Warriors get a true point guard to come off the bench and put up some points. The Hornets are taking back a second round pick, stash in Europe kid.
• The Jazz have officially re-signed the human pogo stick, Jeremy Evans.
• The Nuggets have bought out the European contract of draft pick Evan Fournier and he will be in Denver next season.
• Gerald Wallace has signed with the Nets, four years and $40 million.
• Patrick Ewing Jr. has signed to play in Germany.
• Trades keep on becoming official, including Gary Forbes being sent to the Rockets.
• And Gustavo Ayon trade from the Hornets to the Magic has been cleared by the league.
• The complex cap moves of the Houston Rockets — which impacts Jeremy Lin and more — are underway. First, the trade of Kyle Lowry to the Toronto Raptors has been approved. Now they are waiting for approval on the Marcus Camby trade to the Knicks. After those deals are formal the Rockets will have the cap space to sign Jeremy Lin and Omer Asik to offer sheets.
The Knicks will match the Lin offer sheet, but now they need to soothe his ego, too, reportedly.
• And it’s official, Ray Allen and Rashard Lewis are Miami Heat. They have signed their deals. And the Miami heat team record for most threes taken in a season is about to fall. We can call that one now. By the way, Allen will go back to his old No. 34 with the Heat.
• Well, didn’t see this one coming. The Nets have agreed to a one-year, $1.3 million deal to have Jerry Stackhouse on their team, reports ESPN’s Chad Ford. I think all season I’m just going to refer to him as “the corpse of Jerry Stackhouse.” At age 37 he barely got on the court last season for the Hawks, but I guess the Nets saw something they liked. That or they accidentally were watching scouting tape from 2001.
• The Knicks have signed James White to a deal.
• The Pacers and Roy Hibbert skipped the formalities of matching the Portland max offer sheet and Indy just offered him a max deal, which he will sign, Ken Berger at CBSSports.com tweets. The outcome is the same but the Blazers don’t have their cap space tied up for three days while the matching process takes place.
• The Suns and Hornets apparently will go through the matching game motions, Eric Gordon is expected to sign a max off sheet from Phoenix today, reports the Arizona Republic. The Hornets will match eventually, even though Gordon has said he wants to play for the Suns. He is key to the rebuilding in New Orleans.
• Nenad Krstic has signed to stay with CSKA Moscow and will not be returning to the NBA.
• The Lakers and Suns made the Steve Nash trade official. Nash joins Kobe Bryant, Andrew Bynum and Pau Gasol (the last two of those for now at least) in L.A. to form a contender that could challenge the Thunder if everything comes together for them (and they get another perimeter shooter/defender). By the way, Nash will wear No. 10 with the Lakers (his No. 13 is retired as Wilt Chamberlain’s number).
• We told you already that Deron Williams remains a Net and will make enough money to live in New York City. Which is no small feat. The only interesting note here to add is that he was given the official contract on an iPad and signed his name with his finger. Honestly not sure how my signature would look if I tried that.
• Blake Griffin put his name on the dotted line and will remain with the Clippers, a five-year deal but the final year of that is a player option. This is Griffin’s first post rookie deal contract and there was never any doubt he would take the big payday to stay in L.A. The real challenge for the Clippers now is getting Chris Paul to stay next summer.
• J.R. Smith inked a two-year deal to be a designated gunner with the New York Knicks.
• Darrell Athur is in Memphis and signed a new three-year deal with the Grizzlies.
• The Grizzlies also added Jerryd Bayless. That is a couple good, affordable role players signings for them.
• According to reports out of Spain, Portland has signed Joel Freeland to a three-year, $9 million deal. Freeland was the last pick of the first round by the Blazers back in 2006, but he has only played in Europe (Spain, specifically) since then. He is a 6’11″ power forward who is fairly athletic and has a midrange game, according to reports. We will see, a three-year deal is a risk, but you can bet Freeland is taking a pay cut to come to the NBA. There also is a buyout issue that could kill this deal.
• For those that follow the international game, interesting tweet from Sportando: “In NBA McCalebb was offered up to $4.7M per season but his Buyout is too high plus he would be a backup getting less money than Europe”
• By the way, the league made the salary cap numbers for next year official and as expected they track this year’s — the cap is at $58.044 million, the luxury tax line is $70.307.
• Keep checking back, we’ll be adding to this post and tracking the signings as the day goes on.
- Kevin Love pulling out of USA Basketball due to lingering likelihood of trade from Timberwolves 13
- Why are the Lakers hiring Byron Scott as head coach? 12
- Report: NBA considering week-long break for All-Star Game next year 6
- Report: Knicks made (ridiculous) offer to trade for Kevin Love 48
- Report: Lakers finally offer coaching position to Byron Scott, deal expected soon 26
- Report: Cavaliers leading Kevin Love-trade sweepstakes 41
- Chris Paul on boycott if Sterling is still owner: “That’s something me and Doc are both talking about” 32
- Players union approves of Thunder’s Josh Huestis arrangement 16