Official Free Agent *News Only* Thread

[Roy Hobbs]

Remember, news only, please.  If you'd like to discuss the stories, please do so in another thread.

[The Walker Wiggle]

Financial details of Daniel Gibson's deal announced, 5 years for $20.8 million, in a Plain Dealer article primarily about James Posey:

"Cavaliers land Gibson with 5-year, $20.8 million deal, but lose out on forward James Posey"

Discussion thread here.

[The Walker Wiggle]

The Minnesota Star Tribune reports that the Timberwolves have agreed to terms with restricted free-agent Craig Smith on a two-year contract and the third-year forward is expected to join the franchise's summer-league team in Las Vegas today.

"Craig brings tremendous energy, hard-nosed post play and depth to our roster," Minnesota vice president of basketball operations Kevin McHale said. "We look forward to continued improvement and having him as a member of our core group of players for the future."

[The Walker Wiggle]

Also, I haven't seen it mentioned here yet, that the Milwaukee Bucks, in addition to signing Tyronn Lue, have also signed Malik Allen to a two year deal worth approximately $3 million.

The seven-year veteran appeared in 73 games last season and averaged 4.6 points and 2.7 rebounds, with a 48.0 field goal percentage.

"Coach Skiles and I have a history, and we have a lot of mutual respect," the 30-year-old Allen said. "I really was happy my time there (in Chicago). He's got a great basketball mind. As far as seeing things within a game, he's one of the best."

[fairweatherfan06]

The Clippers have exteneded an approximately $3million offer sheet to Kelenna Azuibuike  GS has 7 days to match (and aren't expected to with Maggette, Jackson, etc in front of him in the rotation).

[Lucky17]

Two signings by the Raptors: Roko-Leni Ukic, to a 3-year deal, and Hassan Adams, to a 2-year deal:

http://sports.espn.go.com/nba/news/story?id=3492682

http://www.nba.com/raptors/news/hassan_070808.html

[The Walker Wiggle]

A number of Spanish-language papers are reporting that Carlos Delfino will leave the NBA to sign with BC Khimki.

Delfino's contract with Khimki is for three years $30 million. He has an opt out clause at the end of each season.

[The Walker Wiggle]

The Salt Lake Tribune reports: restricted free agent, C.J. Miles has signed a four-year, $15 million contract with Oklahoma City. Utah will have seven days to match the offer.

Troy Weaver, who spent four years as the Jazz's director of player personnel and head scout, left in May to become Oklahoma City's assistant general manager. Although Weaver liked Miles, Oklahoma City general manager Sam Presti was said to have driven the deal.

Even though he has played three seasons, Miles was the 14th youngest player in the NBA last season. The 21-year-old was a second-round pick by the Jazz in 2005...

...He showed flashes of his potential during a 10-game stretch starting at the end of December. With Gordan Giricek banished by Jazz coach Jerry Sloan, Miles stepped in and averaged 10.5 points on 55.6 percent shooting.

But Miles found himself the odd man out of the rotation after Kyle Korver's arrival in a trade with Philadelphia. He bounced game to game from the end of the bench to the starting lineup as an injury replacement for Brewer or Andrei Kirilenko. The Jazz and Miles also were at odds over his decision to skip the Revue both this summer and last. Miles' camp saw it as an injury risk with potentially millions at stake as a free agent; Sloan saw it as the wrong decision for a young player trying to develop. This week, Sloan described Miles as having been "way, way behind" at the start of training camp last year. Miles' representatives believed he was punished for the decision and questioned why it was being revisited months into last season.

The fourth year of the deal is a team option.

[The Walker Wiggle]

Former Celtic, Will Bynum, has caught on with the Detroit Pistons.

Bynum's agent, Mark Bartlestein, confirmed Monday night that his client has agreed to a two-year deal with Detroit, which includes a team option for the second season.

Bynum, played for Maccabi Tel Aviv in Israel the past two seasons, and was the 2006 Development League rookie of the year.

[The Walker Wiggle]

And for completion's sake, on Monday...

Ex-Golden State small forward Matt Barnes signed a one year contract with the Phoenix Suns for the veteran minimum. Thread here.

Bostjan Nachbar agreed to a three year contract with Dynamo Moscow worth $14.3 million. Nachbar has said he will keep a close eye on how the salary cap situation in the summer of 2010 will impact his prospects for returning to the NBA then. Thread here.

And seven year veteran Primoz Brezoc signed with Virtus Roma.

[indeedproceed]

ESPN Rumors:

The Timberwolves reached agreement Monday on a multi-year contract with unrestricted free agent Sebastian Telfair, his agent said.

"We're very excited for the opportunity to finish what we started," agent Andy Miller said. "Sebastian wants to help get this team back to the playoffs." -- Minneapolis Star Tribune

Good for everyone's favorite large mouthed carnivorous freshwater fish...y

[cordobes]

Marcus Williams traded to the Warriors

http://blogs.nypost.com/sports/nets/archives/2008/07/marcus_is_gone.html

Point guard Marcus Williams, who recently vowed to fight for his minutes after the Nets acquired Keyon Dooling, is headed to Golden State for a future first round pick. The trade will be announced later today.

CJ Miles signs offer sheet by OKC
http://sports.espn.go.com/nba/news/story?id=3496083

[Jimi Hendrix]

I read that we are approaching Devean George.

[The Walker Wiggle]

To keep the thread current...

The Nets introduced guard Keyon Dooling today at their practice facility in East Rutherford. The eight-year pro was acquired Monday in a trade with the Orlando Magic in exchange for cash considerations and a trade exception New Jersey acquired in last year’s Jason Kidd trade.

Dooling has averaged 6.8 points and 1.9 assists per game in his career with the Los Angeles Clippers, Miami Heat and Orlando Magic.

Thread here.

[The Walker Wiggle]

The Warriors have signed Maurice Evans to a three-year, $6.4 million deal. By adding Evans, it means the Warriors will not match the three-year, $9 million contract restricted free agent Kelenna Azubuike signed with the Los Angeles Clippers last week. Evans, twenty-nine, has played five seasons in the NBA with the Orland Magic, Los Angeles Lakers, Detroit Pistons and Sacramento Kings.

Discussion thread here.