11:55 p.m. Eastern
-The Lakers have pulled out of the three-way Chris Paul trade and will send Lamar Odom to Dallas for the Mavs’ trade exemption they just got from the Tyson Chandler deal, says Marc Stein. Adrian Wojnarowski confirms the Paul trade is off.
-Sam Amick confirms an earlier report that the Knicks are trying to work out a sign-and-trade for Jamal Crawford.
11:15 p.m. Eastern
-Golden State will sign RFA DeAndre Jordan to a four-year, $40 million offer sheet, says Matt Steinmetz. The Clippers would then have three days to match the offer and keep him. If the deal goes through, the Warriors would amnesty Charlie Bell to have the cap room.
10:50 p.m. Eastern
-A new Chris Paul trade has been submitted to the league that may involve Jason Smith being traded to the Lakers and picks or players coming from Los Angeles or Houston to New Orleans, says Sam Amick. Obviously, the situation is still fluid.
-The Lakers are so desperate for young talent to trade for Chris Paul, according to Marcus Thompson, that LA has offered Pau Gasol to the Warriors for Stephen Curry and/or others in a bunch of scenarios sources called “laughable.” It seems as if Los Angeles is desperate as anything to acquire Paul and the team irreparably damaged its relationship with Gasol.
-The Nets will put everything on hold, including their pursuit of Nene, until the Dwight Howard situation is resolved, says Al Iannazzone. I’ll add that New Jersey could easily and quickly lose Nene to Houston if the Rockets complete the Chris Paul trade and free up space by using its amnesty on a player like Hasheem Thabeet.
-Yahoo! Buzz: Boston could complete a sign-and-trade with New Orleans involving David West. The Hornets would take back Jermaine O’Neal and a small contract player like JaJuan Johnson or E’Twaun Moore. *Spencer Hawes will stay with the Sixers with a $4 million qualifying offer. *Aaron Gray signed a one-year deal with Toronto.
-The Knicks are trying to work out a sign-and-trade with Atlanta for Jamal Crawford, says Alex Kennedy. A possible players who could go to the Hawks features Toney Douglas, Renaldo Balkman and Bill Walker assuming Crawford signs for $5.6 million per season. *Jerome Jordan is headed to New York for training camp.
-Lost in this Dwight Howard article by Sam Amick is Dallas trying to acquire Samuel Dalembert in a sign-and-trade with Sacramento.
7:40 p.m. Eastern
-New Jersey may need to clear cap room to be able to complete a Dwight Howard trade, says Chris Sheridan.
-Orlando re-signed Jason Richardson for four years and $25 million, says Adrian Wojnarowski.
6:35 p.m. Eastern
-Though Dwight Howard has requested a trade to the Nets, a source tells Ken Berger that the Lakers should not be counted out.
6:18 p.m. Eastern
-Mike Bibby has agreed to a one-year deal with the Knicks, says Alex Kennedy. Marc Berman says the deal is worth $1.4 million.
6:13 p.m. Eastern
-The Lakers have been trying to acquire a first round pick to send to the Hornets in a Chris Paul trade, says Adrian Wojnarowksi.
6:05 p.m. Eastern
-Hopefully the league allows this edition of the three-team Chris Paul trade. The main players will still be going to the teams from the original trade, with Paul going to the Lakers, Pau Gasol heading to Houston and Kevin Martin and Luis Scola going to the Hornets. Houston will send more players and picks to New Orleans to try to satisfy the league owners and LA is trying to resist sending Devin Ebanks to the Hornets. *The plan for Houston, if they acquire Gasol and free up cap space in the process, is to match New Jersey’s four-year, $60 million offer to Nene.
-Dwight Howard has officially requested a trade from Orlando and Howard’s camp is talking to the Nets, Lakers and Mavericks about a possible deal, though Adrian Wojnarowski is now reporting he has requested a trade to New Jersey.
-Tyson Chandler is now a Knick thanks to a three-team sign-and-trade deal with Dallas and Washington. The Knicks signed Chandler to a four-year, $58 million deal. Dallas will acquire Andy Rautins from the Knicks and a future second round pick from Washington, who acquires Ronny Turiaf from the Knicks and Dallas’ 2012 second round pick. New York will get the draft right to Ahmad Nivins and Giorgos Printezis. *New York also used its amnesty clause on Chauncey Billups and will replace him with Mike Bibby, who will sign a one-year deal at the veteran’s minimum. The Knicks will also look to sign JJ Barea, with Minnesota also interested.
-Jeff Green signed a one-year deal with Boston worth $9 million, says Chris Broussard. He’ll be an unrestricted free agent after next season.
-Milwaukee will reportedly match Denver’s offer to Luc Richard Mbah a Moute, which was four years and $19 million.
-Memphis signed Jeremy Pargo to a two-year deal worth $2 million after spending last season with Maccabi Tel Aviv.