ProBasketballTalk's top 25 free agents tracker

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Free agency is almost over. LeBron is going to the Heat. Most of the top 25 are set, and the ones that aren’t will be soon.

So here is a little wrap up, with a few loose ends out there. What follows is a list of the top 25 free agents on the market (by our estimation), each with a little note about where they stand right now. Bookmark this post, because we will be updating it with the latest information you need, distilled and neatly compiled in one place. Why? Because we care about you and your time. Plus we like lists. They’re fun.

Last updated 8:30 am Eastern
1. LeBron James (Going to Miami): Miami is going to be a force in the East. You would guess that with the three-man super team of LeBron/Wade/Bosh. But it’s more than that.

The Cavaliers and Heat agreed to a sign-and-trade that sends picks and a massive $15 million trade exception to Cleveland for LeBron. However, LeBron did not sign the max deal — he took less. He took the six years but for less money. We don’t know how much yet. Wade and Bosh did the same. This will allow the Heat to put some talent around them, such as Mike Miller, and maybe long-time Heat mainstay Udonis Haslem.

2. Dwyane Wade (going to stay in Miami): He is staying home — and he is bringing his friends Chris and LeBron with him. Wade confirmed in an ESPN interview that he will sign a deal in Miami. He signed a six-year deal, but not for the maximum amount of money. We don’t know how much the deal is worth, but we know LeBron and Bosh did the same. They left money on the table so the Heat could put players around them.

3. Chris Bosh (going to Miami): He’s going to the Heat, to team up with Wade and LeBron to form the core of a powerhouse team. He was part of a sign-and-trade that sent picks to Toronto as well as giving the Raptors a huge trade exception (near $15 million, most likely). We don’t know what the contract for yet, but we know Bosh (and Wade and LeBron) left millions on the table so the Heat could add talent around them. 

4. Amare Stoudemire (Agreed to terms with New York): The Knicks have their first big signing of the summer — Amare Stoudemire and the Knicks agreed to terms Monday. It is a five year, $100 million deal. He tried hard to recruit LeBron, but that appears to have failed. Still, the Knicks get one of the best power forwards in the game, a guy who may have been the best player in the league after the All-Star Game last year. But they also get a guy who has had serious work on his knees in the past and won’t be getting fed by Steve Nash anymore.

5. Joe Johnson (Agreed to terms with Atlanta): Finally. After flirting one more time with the Knicks, he agreed to Atlanta’s max-deal offer of six years, $119 million. This is a contract the Hawks will regret come 2015 (and he’s not a real max deal player now) but both sides got what they wanted out of this.

6. Carlos Boozer (Agreed to terms with Chicago): He has agreed to a five year, $75 million deal with the Bulls. This is a great signing by Chicago. First, it puts them right in the mix for LeBron James, although he still seems set on Miami. But even if they don’t get LeBron, they have the money to add a top shooter like JJ Redick. A starting five of Rose/Redick/Deng/Boozer/Noah with Taj Gibson first off the bench is near the top of the East.

7. Rudy Gay (Agreed to terms with Memphis): Gay has accepted a five-year, $81.6 million offer from the Memphis Grizzlies. That may be overpaying him, but we said before free agency that someone was going to overpay for him. Might as well be Memphis. Now we’ll see if he wants to live up to the contract, or his focus gets worse because he’s comfortable. 

8. Dirk Nowitizki (Agreed to terms with Dallas): It was just a matter of time. Nowitzki agreed to a four year, $80 million deal with the Mavericks. He got a big deal that extends into the new Collective Bargaining Agreement. The Mavericks got a little payroll flexibility because he took less money (a max deal would have been $96 million). Smiles everyone, smiles, smiles.

9. Paul Pierce (Agreed to terms with Boston): After tweaking the deal for several days, both sides finally agreed on Saturday night to a four-year, $61 million deal, with the fourth year only partially guaranteed (so they can buy him out). This deal would save the Celtics about $12 million next season when you factor in the luxury tax. This deal also means we will see the same old Celtics for one more year.

10. David Lee (agreed to terms with Golden State): Golden State has pulled off a sign-and-trade with the Knicks that will send Anthony Randolph, Ronny Turiaf and Kelenna Azubuike to the Knicks for Lee. This could be a great landing spot for Lee — depending on who the owner is after the team is sold this summer. And who that owner brings in as GM. And who the GM brings in as coach.

11. John Salmons (Agreed to terms with Bucks): He has verbally agreed to a five-year, $39 million deal to stay in Milwaukee. He can’t sign it to July 8, like all free agents, and with Joe Johnson now a Hawk a couple teams may call and try to offer him more. He said he is not taking those calls.

12. Ray Allen (Agrees to terms with Boston): It’s official, the Celtics are going to ride the old timers for a little longer. Ray Allen has agreed to a two-year deal with Boston to reunite with Paul Pierce and Doc Rivers for one more run at a title. It is two years, at $10 million a year, with a player option the second year. Watch Doc Rivers rest all his key guys a lot in the regular season — and be willing to lose a few games to do so — in order to save them for one more playoff run. 

13. Udonis Haslem (not signed): How bad does he want to return to the Heat? Miami has been talking contract with him, but what they have left to offer is like $4 million a year or less. The Dallas Mavericks have talked to him about a deal for the full mid-level exception — three years at $5.8 million per year. What would you do? Could he leave like six million on the table?

14. JJ Redick (Offer from Chicago): The Chicago Bulls have made a three year, $20 million offer to Redick, which would be a fantastic pickup for Chicago. The question now is will Orlando match. That is a fair price for Redick, but will Orlando pay that for him to back up Vince Carter?

15. Brendan Haywood (Agreed to terms with Dallas): The Dallas Mavericks have made it a priority to bring him back — and they did. Six year deal worth $55 million dollars. He’s a solid big man who can score, rebound and defend, which makes him a great pairing with Dirk Nowitzki.

16. Luis Scola (restricted, not signed): About to get an offer from the Charlotte Bobcats. The New Jersey Nets are talking to him and may make an offer. The Rockets can match any offer, but they also are very willing to use him as part of any sign-and-trade.

17. Tyrus Thomas (Signed offer with Charlotte): The Bobcats and Thomas have agreed to a five-year, $40 million deal to keep him a Bobcat. Larry Brown has always been high on Thomas, now we’ll see if he can get Thomas to live up to his tremendous potential.

18. Shaquille O’Neal (not signed): Miami to join the big three has come up as a rumor, and Miami is confident they can get him. Not because they can offer more money, they can only offer about $4 million a year less than what Atlanta is rumored to have offered (two years at the mid-level exception of $5.8). But Miami knows Shaq likes to be in the spotlight, in the middle of the circus. Miami will be the circus next year.

19. Brad Miller (not signed): Boston has shown some aggressive interest in him and have started negotiations for him to take over the Sheed role. Things we can’t wait to see: KG’s reaction to Miller’s defensive rotations. Houston has had a sit-down with him as
well. He also has drawn int
erest from the Nuggets and Cavaliers.

20. Matt Barnes (not signed): He has been contacted by Miami, Cleveland, Washington and Dallas in recent days. Detroit has reached out to him, likely as a replacement if they trade Tayshaun Prince. Barnes says he wants to stay in Orlando, and they say they want to keep him. But they want to get him for the bi-annual exception of $1.92 million, and others may offer more.

21. Luke Ridnour (not signed): He has had serious talks with Minnesota, although they are overloaded at the point in everyone’s eyes except David Kahn (he loves him some point guards, can’t have enough). Minnesota is trying to trade Ramon Sessions to make room for Ridnour. Which strikes me as a lot of work just to get a backup for Brandon Jennings.

22. Mike Miller (Going to Miami): He has struck a deal with the Miami Heat to be the designated stretch-the-floor shooter for LeBron, Wade and Bosh. He likely will make about $5 million a year or so, but the financial details are still being finalized. Not a bad spot to land.

23. Steve Blake (signed with Lakers): Blake — a near perfect fit for the triangle offense — has agreed to a four year, $16 million deal with the Lakers. The two-time defending NBA champions just got better. And they got their coach back. Maybe it doesn’t matter where LeBron goes. 

24. Ronnie Brewer (not signed): Utah is looking at bringing him in, as are the Chicago Bulls. He will not be returning to Memphis after they signed Tony Allen.

25. Anthony Morrow (Offer from New Jersey): New Jersey has offered a three-year, $12 million contract to Morrow. Rumor is the Warriors will not match. Which is just idiocy. Morrow would be a good fit with the young and improving Jersey team.

Report: Magic makes first trade, Lakers send Lou Williams to Rockets for first-round pick, Corey Brewer

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Magic Johnson has pulled the trigger on his first trade — and it’s a solid one for the team that will give them another first-round pick.

It may be a better one for a Rockets’ team looking to make a deep playoff run.

The Lakers are sending Lou Williams to the Houston Rockets and getting back what they really want in a pick, reports Adrian Wojnarowski of Yahoo Sports.

Lou Williams seemed to confirm this on Twitter.

We don’t know what year that first-round pick is, most likely 2017 but we don’t know for sure yet.

Williams became a sought-after trade commodity because the guy who used to be a volume scorer still gets plenty of points but now does it efficiently. He leads the Lakers scoring 18.6 points per game, with a very good true-shooting percentage of 60.9, in part because he gets to the line a lot more. He’s doing all that in just 24.2 minutes a night off the bench, which is why he’s a leading candidate for Sixth Man of the Year.

For the Rockets, they now bring the scoring punch of Williams and Eric Gordon — probably the frontrunner for Sixth Man of the Year — off the bench. That will relieve some scoring pressure, and maybe reduce the minutes load, for James Harden.

Williams should blend almost seamlessly into the Mike D’Antoni offense. The only concern for the Rockets is potential playoff matchups where Williams can be exploited defensively, but that team is going to play fast and put up points.

For the Lakers, they get a first-round pick, although if it is a 2017 it will be about pick 27. Corey Brewer makes the salaries match up but he is a below replacement-level player at this point, don’t be shocked if the Lakers try to move him next summer. My only question with the Lakers is could they have gotten a higher first rounder from another team, but this seems a fair deal for Sweet Lou.

PBT Extra: Will Magic run Lakers like his businesses or his Twitter account?

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The Lakers needed a front office change, and they got it — two days before the trade deadline. Jim Buss and Mitch Kupchak are out, Magic Johnson is in.

It’s a good first step, but here is the question I ask in this latest PBT Extra: What kind of leader will Magic Johnson be?

Will he be like he ran his business empire, hiring smart people and getting everyone to collaborate into a greater whole?

Or, will he run the Lakers like his Twitter account?

Magic has said all the right things about it being the former, but soon will come time for action.

Reports: Agent Rob Pelinka set to become Lakers new general manager, finalizing deal

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Golden State broke the mold and hired an agent as a general manager in Bob Myers a few years back. Safe to say that has worked out fairly well for them.

Now the Lakers will try to replicate that experiment — they are on the verge of hiring Kobe’s former agent Rob Pelinka as their new general manager, according to both media reports and the players he has under contract. Adrian Wojnarowski of The Vertical at Yahoo Sports was first with the news.

Backing up those reports, several of Pelinka’s players have come right out and said the agent is taking the job. Via Calvin Watkins of ESPN.

Rockets guard Eric Gordon said his agent, Rob Pelinka, will become the GM of the Lakers. “I think he’s going to be good,” Gordon said. “He had a good reputation as an agent and definitely expect nothing but good things from him. “It’s a different challenge, and I think he’ll be just fine.” Pelinka not only represents Gordon but Trevor Ariza and James Harden.

Pelinka will serve as the right-hand man for Magic Johnson, and will handle the day-to-day operations of the basketball side of the organization. On his first day, Johnson talked about working closely with coach Luke Walton, Ryan West (an assistant GM and son of Jerry), Jessie and Joey Boss (two of the Buss children also working in the front office, and well respected). Pelinka would be part of that collaborative effort — which is how most successful front offices work. While one person with the hammer has to make the final call, the best organizations have teams of guys who provide views from scouts, analytic departments, coaching staffs, capologists, and more (including ownership on the biggest deals). The idea is to synthesize all that information into an informed decision.

Pelinka would bring to the table things Jim Buss and Kupchak did not — he is personable and good in the room with players. Kupchak and Buss were disasters in free agent meetings with stars in recent years, but if you don’t know how to recruit as an agent, you starve. Pelinka also ran a team with his agency of competing personalities, he knows the CBA well, player contracts well, and he has good contacts all over the league.

Plus, Kobe wanted it.

Jeanie Buss says decision to fire brother Jim was so hard “I probably waited too long”

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The question has been for weeks not if but when. Ever since Magic Johnson was brought on as a “consultant to ownership” for Jeanie Buss and the Lakers the writing was on the wall, Jim Buss and Mitch Kupchak were going to be out. Magic’s heavy-handed public campaign to take over Jim’s spot added to the obviousness of the situation.

Nobody expected to be this fast — and certainly not two days before the trade deadline.

Why now? Lakers owner and team governor Jeanie Buss and Magic — the new head of Lakers’ basketball operations — were on the Lakers’ cable network Spectrum Sportsnet in Los Angeles and answered those questions.

“It’s something I thought about for a long time, and once the decision became clear in my mind there was really no reason to wait, Buss said…

“In today’s NBA there is no offseason, you’re constantly preparing for the draft, for the season, for Summer League, so there was no time like the present.”

This was very different from most teams firing a GM and basketball president — Jim Buss is Jeanie’s brother (and will remain part owner), Mitch Kupchak has been a loyal Laker front office soldier for decades. For Jeanie Buss, this was emotional and was not just business.

“This was a very difficult decision,” Buss said. “It was probably so hard for me to make that I probably waited too long. And for that, I apologize to Lakers fans. But now with clarity and direction, and talking to with Ervin, really knowing a change was needed, and that’s why we’re here today.”

Why did she wait so long, through what she called an “erosion” of what the Lakers should be?

“I wanted for the current (she meant former) front office to show us what Laker basketball was going to be. It just wasn’t going in a direction that was satisfactory for what this organization stands for,” Buss said.

Magic added perspective.

“It really wasn’t about the last couple weeks, it’s been about years,” Magic said.

However, Johnson did say in a later Los Angeles radio interview that he was kept out of the loop on the Lakers’ pursuit of DeMarcus Cousins All-Star weekend. He would not say if that impacted the timing, and he dodged the question about whether he would have included Brandon Ingram in the trade.

Johnson said he has talked to numerous other general managers already, both getting well wishes and talking trades — Los Angeles remains expected to move Lou Williams before the trade deadline, according to sources around the league.

“After we leave (the studio where this interview was taking place) we’re going to go back to the war room with coach Walton, Ryan West (an assistant GM), Jessie and Joey (Buss children working in the front office), we’re all going to sit in a room and evaluate trade possibilities,” Magic said.

Johnson continually praised both Luke Walton and the young core of the team — all of which were put in place by the former front office. He said he wanted to build with this core.

“We have the right coach with Luke Walton and a lot of great young players, that we can build and make sure we develop, and help them turn into the stars we think they can become,” Magic said.

“This isn’t about going back to Showtime, we’re not turning back the clock,” Buss said. “The Lakers have figured out how to win in every era, and certainly the game has evolved, and the rules have changed. We, in our discussions, were looking at evolving with the game and what the modern NBA is about.”

Magic said he wants a GM who can work with him and who also knows the CBA and has relationships with teams, “someone smarter than me.” He also talked about everyone in the organization working together in the front office, in a collaborative way.

“That’s how I built my (business) organization, that’s how I want to build this one,” Johnson said.

As expected, both Johnson and Buss said this was about winning and getting the organization going back in the right direction.

“When we sat down for dinner, and she asked me to come back, I think the timing was right,” Johnson said. “It was right for me to put my businesses aside and focus on Laker business, try to build an organization fans can be proud of, both on the court and in the offices.”