Posts Tagged Free Agency
Update: Timberwolves Sign Ryan Hollins To Offer Sheet
Posted by Mark Travis in News on August 3, 2009
Update: An NBA source indicates to NBA News and Rumors that the Dallas Mavericks will not be matching the Timberwolves offer to Ryan Hollins and that Hollins will be a member of the Minnesota squad for next season.
Late last evening, the Minnesota Timberwolves signed restricted free agent Ryan Hollins, currently of the Dallas Mavericks, to an offer sheet. The Mavericks have 7 full days to match the offer.
While the Mavericks are thin at center, with the addition of Drew Gooden, many do not expect them to match the offer.
Update: The offer is 3 years, 7 million
Source: TwinCities
Oklahoma City Signs Veteran Point Guard Kevin Ollie
Posted by Mark Travis in News on August 1, 2009
The Oklahoma City Thunder have signed free agent point guard Kevin Ollie. Terms were not disclosed.
Ollie played 50 games with the Minnesota Timberwolves last season, averaging 4 points, 2.3 assists, and 0.4 steals.
At 36 years old, Ollie has played for nine different teams in his 12 year career, averaging 3.8 points, 2.3 assists and 0.5 steals throughout his career.
Ollie will be the third point guard for Oklahoma City, behind Russell Westbrook and Shaun Livingston.
Lakers To Try And Extend Kobe Now?
Posted by Mark Travis in Rumors on August 1, 2009
The Los Angeles Lakers have completed all of their off-season moves by releasing shooting guard Sun Yue, who was guaranteed $100,000 of his $736,420 if he was on the roster on August 1st.
“We really appreciated the opportunity the Lakers gave Sun and the way they approached the entire situation,” Sun’s agent Charles Bonsignore said.
“They were all class. But because of the depth on their roster, we both knew that even if he made the team there wouldn’t be a lot of opportunity to play and the Lakers didn’t want to hold him back.”
With no more money to spend and with all players from last year being resigned, the Lakers will now “turn to the future, beyond this season,” according to GM Mitch Kupchak.
The first thing on the docket for securing the future of the organization? Signing Kobe Bryant to an extension.
Kobe acknowledged earlier this off-season that it would be best for the Lakers to focus on free agents before they started talks with him, but now seems like a good time to get things started.
Source: Los Angeles Daily News
The Knicks May Opt For Iverson Over Sessions
Posted by Mark Travis in Rumors on August 1, 2009
Although the buzz around the NBA is that the New York Knicks are after restricted free agent point guard Ramon Sessions, the New York Daily News suggests that the Knicks may be going after free agent guard Allen Iverson.
Mike D’Antoni is said to favor Sessions, a restricted free agent who enjoyed a breakout season for Milwaukee last year. However, Iverson could be a cheaper alternative because the perennial All-Star is willing to accept a one-year contract that would cost the Knicks their $5.85 million mid-level exception. Sessions, 23, is hoping to receive a multi-year contract starting with the mid-level exception. The Bucks would have seven days to match the offer.
Adding Iverson would be the logical solution for the Knicks because his one year deal would expire, giving them more money to spend on a second max free agent in the 2010 off-season. Signing Sessions would be the opposite, as it would commit $20 million for three or more years. If the Knicks were to get Sessions to sign an offer sheet, the Milwaukee Bucks would have seven days to match the offer.
Iverson has received interest from the Los Angeles Clippers, Memphis Grizzlies, and Miami Heat so far this off-season, but he has said he would prefer a team that he would start for.
Authors
Mark Travis (RSS) (55)
Steve Kays (RSS) (13)
Anthony Wilson (RSS) (4)
Steve Kays/Mark Travis (RSS) (2)
Staff Reports (RSS) (1)