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July 2nd's Free Agent News

Posted by shawn cassidy on July 3, 2013 at 1:20 AM




It's been a very active two days in the early part of the NBA's free agent period. These deals won't be official until July 10th, here's the rundown of NBA free agent news for Tuesday.


Kevin Martin joining Wolves


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A very big blow to the Thunder in the sense that they traded Martin for Harden.  The Thunder felt like they could retain Harden, or that he wanted a lot to stay. They couldn't retain Martin, so the Thunder will look to retool around Durant and Westbrook.


ESPN

"Free-agent swingman Kevin Martin is leaving the Oklahoma City Thunder to join the Minnesota Timberwolves.

Sources close to the process told ESPN.com that Martin on Tuesday night has given the Wolves his verbal commitment that he will sign a four-year deal with the Wolves in the $30 million range later this month.

Teams and players can only reach verbal agreements until the league's annual moratorium on signings and trades is lifted July 10, but sources say Martin was swayed to leave the Thunder -- who were limited in what they could offer -- to reunite with Wolves coach Rick Adelman, under whom he emerged as an impact player in Sacramento.

The Timberwolves also agreed to a three-year, $16 million deal that includes a player option for the final season with Chase Budinger, two people with knowledge of the deal told The Associated Press."




David West stays with Pacers


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The Pacers will keep their big man, and they should be able to contend for another season in a deeper East with the Nets on the rise.

ESPN

"The Indiana Pacers are finalizing a deal to re-sign power forward David West to a three-year contract valued at more than $36 million with a player option in the third year, sources told ESPN.com.

The Pacers made keeping West their top offseason priority and quickly worked out a deal that will give the 32-year-old a raise over the $10 million he made in each of the past two seasons. West averaged 17.1 points and 7.7 rebounds and led the Pacers to the Eastern Conference finals last season.

After struggling to get a long-term deal two years ago coming off a major knee injury, West has proven to be durable in his first two seasons with the Pacers, missing just nine games.

Yahoo! Sports first reported West and the Pacers had come to an agreement."

The Pacers also reached an agreement with point guard C.J. Watson this week to bolster their bench. They are also expected to look to sign young star Paul George to a contract extension before the start of next season."



Knicks Preparing To Make Offer To Brand


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Clippers Interested In Mayo


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Clippers Send Bledsoe To Suns


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How many draft picks do the Clippers have. Looks like Doc's new squad is retooling.


"The Los Angeles Clippers, Phoenix Suns and Milwaukee Bucks have pulled off a three-team trade, sources told ESPNLosAngeles.com's Ramona Shelburne.

The Bucks will receive two second-round picks in the trade -- one from the Clippers and one from the Suns -- according to sources."




Kings want Andre Iguodala(update) they pull deal off the table

Report: Kings pull four-year, $56 million offer to Andre Iguodala, won’t pursue him


Big cash for Iggy. I wouldn't pay it.

ESPN

"The Sacramento Kings have made Denver Nuggets swingman Andre Iguodala their free-agent priority, according to sources familiar with Sacramento's thinking.


Sources told ESPN.com the Kings, meanwhile, are leaning strongly against matching the offer sheet restricted free agent Tyreke Evans is planning to sign with the New Orleans Pelicans on July 10.

Sources said Tuesday that Evans is prepared to sign a four-year deal worth at least $44 million when the league's annual moratorium on signings and trades is lifted.

It remains to be seen whether the Kings and their new ownership group can assemble an offer big enough to steal Iguodala away from the Nuggets, who are determined to hang onto him. Iguodala is also drawing interest from other suitors such as Detroit and Golden State."




Tony Allen, Griz agree


Good for Tony and the Griz.



"Tony Allen has agreed to a four-year, $20 million with the Memphis Grizzlies, sources told ESPNLosAngeles.com's Ramona Shelburne.

Teams and players can only reach verbal agreements until the league's annual moratorium on signings and trades is lifted July 10.

Allen, a nine-year veteran, averaged 8.9 points and 4.6 rebounds per game last season, his third with the Grizzlies.

Allen, a former Boston Celtics first-round pick in 2004, is widely regarded as one of the NBA's premier defenders. Allen has been named to the NBA All-Defensive first team in each of the last two seasons."





Categories: NBA News, Free Agent News 2013

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