NBA Free Agency Rumors 7/8/10

11:50 p.m. Eastern
-There was also talk of an unspecified swap of first round picks. But why would Minnesota ever want to swap firsts with the Heat when they’ll never have a worse pick than Miami. KHAAAAAAAAAAAANNNNNNN.
11:45 p.m. Eastern
-Miami and Minnesota have agreed on a trade that would send Michael Beasley to the Wolves and likely land the Heat Mike Miller. David Khan, thanks. Miami will get back a 2011 second rounder.
10:50 p.m. Eastern
-Toronto and Miami are having a tough time completing a Chris Bosh sign and trade, but Charlotte and Houston are still willing trade partners.
10:45 p.m. Eastern
-Tony Allen resigns with Boston.
-They’re rioting in Cleveland.
10:30 p.m. Eastern
-LeBron James wasn’t mentioned in Cleveland’s 160 word statement.
-David Lee will make $11 million next season.
10:15 p.m. Eastern
-Ian O’Connor on why the Knicks would have been better for LeBron James than the Heat.
10:05 p.m. Eastern
-Ryan Gomes signed a three year, $12 million deal with the Clippers.
10 p.m. Eastern
Knicks’ LeBron James statement-“We are disappointed that LeBron James did not pick the New York Knicks, but we respect his decision. Today, we signed five-time NBA All-Star Amar’e Stoudemire, and we will continue to move forward, getting back on track to develop into a championship contending team.”
-Anthony Randolph turns 21 next week and has a ton of upside, Ronny Turiaf plays great defense and blocks shots and Kelenna Azubuike is a fast break nightmare who can score in bunches off the bench. The Knicks just got a lot better with this David Lee trade. Trust me.
9:55 p.m. Eastern
-The Knicks’ sign and trade of David Lee to Golden State will bring back Anthony Randolph, Ronny Turiaf and Kelenna Azubuike. Lee will get six years and $79 million from the Warriors in a deal that should be made official on Friday. it’s not LeBron, but it’s an improvement for the Knicks.
9:50 p.m. Eastern
-LeBron James will ink a five year max deal, which means he won’t get a sign and trade. I wonder why Cleveland wouldn’t want to do that for him. Ken Berger goes off on LeBron James.
-The David Lee trade will likely be official tomorrow.
9:40 p.m. Eastern
-David Lee is about to be traded to the Golden State Warriors.
-One estimate is that the Cavaliers’ franchise value just dropped $100 million.
9:35 p.m. Eastern
-A David Lee sign and trade to Golden State should be the next domino to fall and has already agreed to a five year, $79 million contract with the Warriors.
-Chicago has $18-19 million in cap space.
9:30 p.m. Eastern
-LeBron James will now play with Dwayne Wade and Chris Bosh and they’ll be the favorites to win the Eastern Conference title, but on Dwayne Wade’s team. Who knows how they’ll explain this to Cleveland. The Cavs as a franchise is basically dead and the Knicks, who spent years and years gearing up for this moment, will now go in a different direction around Amar’e Stoudemire. And Stephen A Smith looks like a genius.
-Alan Hahn was the first person to report the Heat signing late Wednesday night and Miami has a five year, $28 million deal on the table to sign Mike Miller. New York also has a lot of interest.
9:28 p.m. Eastern
9 p.m. Eastern
-Ken Berger texted with people from five teams involved and nobody knows. Chad Ford also. So The Decision is on.
-Randy Foye will sign with the Clippers for two years and $8 million.
-There are sign and trade talks between Orlando and New York regarding Al Harrington.
8:40 p.m. Eastern
-All indications are that LeBron James is going to Miami, according to Ken Berger.
8:35 p.m. Eastern
-Multiple people who have spoken with LeBron James or Maverick Carter over the last 24 hours say that he’s going to the Heat.
8:30 p.m. Eastern
-Miami pulled those ads from the local paper because Dwayne Wade and Chris Bosh aren’t officially signed yet.
8:25 p.m. Eastern
-Miami also pulled a full page welcome ad from the South Florida Sun-Sentinel. Maybe LeBron is going back to Cleveland after all.
8:20 p.m. Eastern
-LeBron James’ camp is still pushing Miami hard but the Cavs still believe he’s staying.
8:15 p.m. Eastern
-A prominent former Knick says they won’t miss out on Carmelo Anthony next year. Knicks owner Jim Dolan turned to Isiah Thomas after GM Donnie Walsh’s draft picks were criticized.
8:10 p.m. Eastern
-Miami Herald writer Greg Cote reports that the Heat cancelled a full-page welcome ad in tomorrow’s issue. Is LeBron not going to Miami?
-In an interview with FanHouse, Linas Kleiza told the Nuggets not to match Toronto’s four year, $18.8 million offer sheet.
7:55 p.m. Eastern
-The AP has learned that LeBron James’ announcement will happen towards the end of the show.
7:50 p.m. Eastern
-Dime magazine (I’m a subscriber, they do a nice job) says that LeBron James is 100 percent not going back to Cleveland.
-There’s mutual interest between Denver and Anthony Carter to return on the veteran’s minimum.
7:40 p.m. Eastern
-The Heat and Lakers have interest in Von Wafer.
7:25 p.m. Eastern
-Washington did some housekeeping including the signing of top overall pick John Wall.
7 p.m. Eastern
-Chicago will get 2006 second round pick Vladimir Veremeenko from Washington.
6:50 p.m. Eastern
-Kirk Hinrich and Kevin Seraphin are officially Washington Wizards!!
6:45 p.m. Eastern
-Newsday‘s piece on Isiah Thomas helping the Knicks.
6:20 p.m. Eastern
-LeBron James and co are en route to Greenwich for The Decision.
6:10 p.m. Eastern
-Anthony Randolph is on the Golden State Summer League roster but didn’t practice with the team today.
6 p.m. Eastern
-Ric Bucher’s GM poll on LeBron. If he comes back to Cleveland it would be on a three year deal. Did Jay-Z buy Heat season tickets?
-Charlotte is in talks with Luis Scola and Tyrus Thomas.
5:50 p.m. Eastern
-Sources say LeBron James has changed his mind a bunch of times. Several GM’s still think LeBron James will return to Cleveland. The Knicks sent Isiah Thomas for one last pitch to LeBron.
-The framework of a four team trade is still in place that would send Chris Bosh to Miami, Tyson Chandler to Houston, Jared Jeffries and Michael Beasley to Charlotte and cash and picks to Toronto.
-David Lee’s agent says that there is no agreement to sign and trade his client to Golden State if the Knicks don’t get LeBron James but others say Lee has agreed to a six year, $80 million deal with the Warriors contingent on LeBron. The Knicks have already reached out to the players they would acquire for Lee.
-Utah got a $13.5 million trade exception for Carlos Boozer. Kyle Korver was on the verge of signing with the Nets before they inked Travis Outlaw.
-Miami has a five year, $28 million deal in place for Mike Miller but the Knicks want to swoop in and steal him. Minnesota rejected Cleveland’s offers for Jonny Flynn.
-Orlando’s biggest priority is to resign JJ Redick. The Lakers like Matt Barnes but no offer has been made.
-Boston wants to bring back Nate Robinson and Tony Allen.
-Al Harrington was in serious talks with Orlando before it falling apart but still has interest in New Jersey and the Clippers.
-Washington has officially acquired Kirk Hinrich and Kevin Seraphin from Chicago and Yi Jianlian from New Jersey. They also renounced their rights to all their free agents.
-Jerome Jordan is officially a Knick.
1:40 p.m. Eastern
-Carlos Boozer thinks LeBron James is 50-50 between the Heat and Knicks.
-New Jersey has interest in Tyrus Thomas, Luis Scola, Udonis Haslem, Kyle Korver and Mike Miller.
1:30 p.m. Eastern
-Jermaine O’Neal will get two years and $12 million from Boston.
1:25 p.m. Eastern
-Mike D’Antoni seems resigned to defeat on the LeBron James front.
-There are discussions of a four team trade that would send Michael Beasley and Jared Jeffries to Charlotte, Tyson Chandler to Houston, Chris Bosh to Miami and cash, picks and a trade exception to Toronto. One sources says Toronto doesn’t want this.
1:15 p.m. Eastern
-Dallas resigned C Brendan Haywood to a six year deal worth $55 million. That’s an insane amount of money, holy shit.
-Even if Jonny Flynn gets dealt to Cleveland, that won’t impact LeBron James’ decision.
-LeBron James’ best move if he wants to become a global icon. Hat tip to my man Michael for the linkage.
1 p.m. Eastern
-Jermaine O’Neal has agreed to sign with the Celtics. Terms not yet disclosed.
12:50 p.m. Eastern
-Knicks GM Donnie Walsh has no idea what LeBron James will do and thinks that if his team was out of it then they would be told.
-Cleveland is discussing a Jonny Flynn trade and also has interest in Leandro Barbosa.
12:45 p.m. Eastern
-OMG!! LeBron James has planned a weekend party in South Beach to celebrate his team decision with six cabanas at the trendy W Hotel, says Us! Weekly. Hat tip to Bill Simmons, who must actually read this stuff.
12:40 p.m. Eastern
-The Amar’e Stoudemire sign and trade gives Phoenix a $16.5 million trade exception and saves the Knicks $800,000 in cap space for this summer.
12:35 p.m. Eastern
-New Jersey will now focus on Tyrus Thomas or Luis Scola and will use about $20 million of their $30 million in cap space.
-Why David Lee makes sense for Golden State.
12:30 p.m. Eastern
-Steve Blake will sign his four year, $16 million deal with the Lakers today.
12:15 p.m. Eastern
-Isiah Thomas helped recruit Amar’e Stoudemire to the Knicks. No wonder why LeBron James isn’t coming…
12:10 p.m. Eastern
-Still no team has been informed about where LeBron James will go.
-Phoenix will get a $16.5 million trade exception from the Knicks for Amar’e Stoudemire and will use part of that in a sign and trade to get Hakim Warrick from Chicago.
-Josh Howard is optimistic that he’ll return from his injury and has interest from Miami, New York, New Jersey, Washington, Sacramento and the Clippers.
-The Cavs want a guard who can run and Jonny Flynn would give them that.
11:55 a.m. Eastern
-Travis Outlaw’s five year, $35 million deal with New Jersey is fully guaranteed and will be announced next week. Could Tyrus Thomas be next? 
-Ken Berger confirms Cleveland trying to trade for Jonny Flynn.
11:50 a.m. Eastern
-Denver is about 50-50 on whether they’ll match Toronto’s offer sheet for Linas Kleiza and he’d be open to returning to the Nuggets.
11:35 a.m. Eastern
-New Jersey agreed to a five year deal with Travis Outlaw worth $35 million. Seems like an excessive amount of money and a panic move after not being able to land the big ticket free agents.
-Cleveland is in trade talks for Minnesota G Jonny Flynn. Flynn is represented by Leon Rose and Maverick Carter. You know, the LeBron people.
11:05 a.m. Eastern
-New York isn’t high on Monta Ellis right now, thus the other players mentioned in a David Lee sign and trade. I agree with the Knicks here. I believe his salary (four years and $11 million per) is too high, he demands the ball too much and I don’t believe he’s a winning ballplayer.
11 a.m. Eastern
-Cleveland is trying to make deals but are currently limited, obviously.
-In important non-LeBron news, Marcin Gortat told some Polish outlet that the Magic will soon trade him. Can you read Polish?
10:55 a.m. Eastern
-LeBron James has clearly told people he’s going to Miami but people including Chris Paul are advising against it.
10:20 a.m. Eastern
-New York is hoping to be the Truman to Miami’s Dewey. Presidential reference. Google it.
9:55 a.m. Eastern
-How devastating would it be for the Knicks if LeBron James went to Miami.
8:50 a.m. Eastern
-ESPN’s Chris Broussard reports that, barring a change of heart, LeBron James will be joining the Miami Heat tonight despite people’s wishes that he return to Cleveland. JA Adande says it’s 90% Miami. James’ family has tried to convince him to resign with the Cavs but perhaps to no avail. There’s no direct information from James’ camp right now, only rampant speculation, but rumor has it that James’ inner circle even floated Michael Beasley trade ideas to free up more cap space, though this could just be his inner circle floating misinformation. Dan Le Batard went through some of the crazy rumors he’s heard.
-Toronto signed RFA Linas Kleiza to a four year, $20 million offer sheet. Denver has a week to match. Kleiza terminated his contract with Greek power Olympiacos on Wednesday. Good job by the Toronto front office, well versed in the European goings on, to get a quick offer out to a solid player. 
-If the Knicks don’t get LeBron James, they have a deal in place to sign and trade David Lee to Golden State for Anthony Randolph, Ronny Turiaf and Kelenna Azubuike. They were so frustrated by the lack of feedback from James that they almost sent Mike D’Antoni to Akron. The Knicks may get more cap space via an Amar’e Stoudemire sign and trade.
-Is Shaq’s first option a deal with the San Antonio Spurs with Atlanta second?
12:40 a.m. Eastern
-Multiple sources have told Newsday that LeBron James has decided to join Dwayne Wade and Chris Bosh in Miami.
12:35 a.m. Eastern
-The David Lee to Golden State sign and trade for Anthony Randolph and Ronny Turiaf has legs but is far from set in stone. And other notes on LeBron James being able to buy stock in himself.
-New Jersey was stunned by Carlos Boozer’s decision to agree to a deal with Chicago.

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